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BRIEFS
March 31, 2015
Sched Netweb site
  • Yang Ming back in black with US$13 million profit as revenues rise 13pc
  • US Coast Guard approves Korean ballast water management system
  • Casualty of merger, Hapag-Lloyd CFO Ganz sacked, replaced by CSAV's Burr
  • Maersk orders 7 ice-class 3,600 TEUers from Cosco yard in Zhoushan
  • Abu Dhabi lifts 1,137,679 TEU in 2014, up 26pc - bulk cargo soars 37pc
  • China starts on Mischief Reef land reclamation in disputed Spratly Islands
  • Jardine United International Shipping Agencies (JUNISA) opens in Zhoushan
  • Sri Lanka drops objections to China's US$1.4 billion Colombo Port City
  • US, NZ seek WTO to stop Indonesian extensive agricultural import ban
  • MacGregor supplies complete deck equipment packages to China shipbuilder
  • Hainan Airlines profit up 20pc US$417 million - orders 30 Boeing 787-9s
  • Pension payouts plunge Aer Lingus into 2014 loss of US$121 million
  • GSA members seek 'all-in' pricing and better air cargo visibility

Exim Indiaweb site
MARCH 30, 2015
  • Anchor tenant announced for UK's first trimodal distribution park at Port Salford
  • Asia-north Europe spot rates continue going down
  • CMA CGM registers excellent performance in 2014
  • FIATA's RAME 2015 in Dubai on April 19-20
  • Lack of ship definition seen as threat to offshore & wind farm investors
  • NYK establishes comprehensive logistics company for inland transportation service in Myanmar
  • Oil prices seen impacting multipurpose shipping market
  • RINA develops new rules for offshore platforms
  • UASC entering North Atlantic trade in May
  • India, China to benefit from Silk Road-Mausam project linkage
  • Rail freight loading capable of 15 pc growth: Panel
  • Use locally available materials in road construction to cut cost: Gadkari
  • Govt may soon unveil FTP: Sitharaman
  • INR slumps on heavy month-end dollar demand

International Transport Journalweb site
  • The golden years
  • EU co-financing cargo management from Rotterdam port
  • Topping the billion euro sales mark in China
  • DHL takes charge of pharma firm's logistics
  • General cargo alliance honours top quality providers
  • Finnair growing with new cargo centre and aircraft
  • New mainline freight locomotive on trial
  • Spare parts in boots and boxes
  • Hamburg Süd names "San" class vessel
  • CMA CGM ends 2014 with 43% more net profit
  • Asian Pacific airlines note hefty volume jump
  • Leading cause of US train accidents identified
  • Menlo Logistics makes strategic appointment
  • "For sale" sign nailed up in Piraeus after all

IHS Maritimeweb site
MARCH 30, 2015
  • Maldives to shift main port to landfill island
    More details have emerged about the deal signed 10 days ago between DP World and the government of the Maldives for a deepwater port on the industrial island of Thilafushi. The first phase of the project will see construction of a container terminal, and this will be followed by a free trade zone
  • P&O Ports name revived as Dubai eyes new markets
    Dubai is extending its ports and terminals empire globally through a new company specialising in multi-purpose ports. Dubai's Ports, Customs and Free Zone Corporation (PCFC) last week revived the P&O Ports name with a view to starting operations in Madagascar, Somaliland and Albania. PCFC chairman
  • Boxship charter market climbs higher
    Charter rates for medium-sized container vessels continued to surge last week, fuelling hopes that a broad-based recovery in the boxship charter market is well under way. The ConTex market index went up by 3.2% or 14 points to 454 last week, this increase driven by improvements for ships of between
  • Hamburg Bulk Carriers adds 11 vessels
    German Handysize operator Hamburg Bulk Carriers (HBC) is expanding into the Supramax and Panamax segments with the award of third party management contracts for 11 ships of 53,000 to 82,000 dwt. The company said today that it was put in charge of the new tonnage by institutional investors and
  • CMA CGM profits up 43%
    French container line operator CMA CGM has announced that its 2014 net consolidated profits rose by 43% over the previous year to USD584 million thanks to a growth in volume and significantly reduced costs. Volumes carried rose by 8.1% year on year (y/y) to 12.2 million teu and revenues increased
  • Piraeus privatisation back on as COSCO China bids
    COSCO China is to bid for a majority stake in Greece's port of Piraeus following an apparent change of heart regarding the port's privatisation by the country's new socialist government. The Chinese company is an "active participant" in the bid for a majority stake in Piraeus and can make a "very
  • Ukraine slump hits German port operator HHLA
    Hamburg's state-owned container terminal operator HHLA managed to increase turnover and profits last year despite a collapse in cargo volumes at its terminal subsidiary in Ukraine. Volume gains at its flagship facilities in Hamburg and in intermodal inland operations saw the group lift its revenues
  • China MSA tells Chinese ships to avoid seas off Yemen
    China's Maritime Safety Administration (MSA) issued a safety alert to Chinese carriers over the weekend that they should immediately notify their vessels to avoid the seas off Yemen due to the continuing political crisis in the country. All the relevant Chinese carriers should emphasise relevant
  • Sembcorp Marine consultant linked to Petrobras corruption scandal
    A consultant linked to Sembcorp Marine's drill rig construction contracts with Sete Brasil, a subsidiary of Petrobras, has been arrested over alleged bribery charges, according Sembcorp Marine's statement to the Singapore Exchange. Sembcorp Marine received a copy of a plea bargain between the
  • Buying trend returns to ship recycling markets
    Cash buyers showed a willingness to acquire ships for demolition last week, amid talks that the Indian government would impose import taxes on Chinese steel. Improving local steel prices and a stabilising Indian rupee also saw scrap prices rising by at least USD20/ldt. Dubai-based cash buyer
  • Shanghai International Port Group profit up 29%
    Shanghai-listed Shanghai International Port Group (SIPG) announced on 28 March that it recorded a profit of CNY6.77 billion (USD1.09 billion) for 2014, up 28.75% compared with 2013. The company's revenue last year totalled CNY28.78 billion, growing by 2.19% from CNY28.26 billion in 2013, and its
  • Yinson posts full-year profit up 75%
    Malaysia-listed offshore marine services provider Yinson Holdings posted a full-year profit of MYR251.1 million (USD68.1 million) for the financial year that ended on 31 January 2015, up 75% from its MYR143.1 million profit for the previous year. The increase in profit is supported by higher
  • China Shipping Development back in profit
    Shanghai- and Hong Kong-listed China Shipping Development announced on 26 March that the company has recorded profit of CNY309 million (USD49.6 million) for 2014, returning to black from the loss of CNY2.23 billion in 2013. The company's revenue stood at CNY12.27 billion, representing an increase
  • Offshore insight: OSVs defy bear market
    Many shipowners in the offshore sector are struggling to stay afloat amid the market downturn, but a group of offshore support vessel (OSV) companies are defying the odds. They are capitalising on expansion and investment opportunities, which are generating strong profits despite the sector's
  • Epic Gas sells two ships
    Singapore-based pressurised gas carrier owner Epic Gas has sold two of its older ships. The company said 1997-built Epic Cebu and 1996-built Cefalu have been sold to buyers engaged in Southeast Asian cabotage trades. Epic Gas said, "The transaction demonstrates Epic's commitment to proactively
  • Japan's toluene exports hit record high
    Japan's exports of toluene hit a record high of 98,400 tonnes in January this year, according to data compiled by IHS Chemical. The amount beat the previous high of 73,700 tonnes in January 2014. Japan's toluene exports have been boosted by demand from the paraxylene plant that opened in Ulsan,

Marine Logweb site
MARCH 30, 2015
  • Gladding-Hearn starts construction of Circle Line newbuilds
  • IMO panel learns more about Viking's LifeCraft concept
  • Strategic delivers advanced wind farm crew transfer cat
  • CMA CGM poised to order 20,600 TEU trio
  • Transas to install ECDIS on over 100 Maersk Line vessels
  • MAN Diesel & Turbo demonstrates methanol two-stroke
  • Grimaldi orders five more Promas Light retrofits
  • Viking Ocean Cruises takes delivery of first ship

World Wide Shipperweb site
MARCH 30, 2015
  • DOT decision allows Delta to keep Seattle to Haneda route
  • Lea Hines leaving post as Port of Anacortes PR boss
  • Mitsui takes delivery of new coal carrier vessel
  • Jumbo Mark II ferry TACOMA returning to WSF lineup
  • Hamburg Sud christens 'San' class container ship

Lloyd's Listweb site
MARCH 30, 2015
  • Economou buys DryShips' tankers as Tankships IPO is shelved
    Greek owner will pay up to $536m for suezmax quartet and optional six aframaxes
  • MSC takes delivery of second 19,224 teu boxship
    MSC Oliver to enter Albatross service later this week alongside MSC Oscar
  • HHLA full-year revenues up 5.4%
    Hamburg operator also reports double-digit growth in its operating result, yet overall volumes remain flat
  • Aronnax: Is big data, good data?
    Shipowners are right to be wary of letting all and sundry get hold of key information
  • China Cosco plans to order 11 19,000 teu boxships
    Company makes inquiries at several major Chinese shipyards to build the vessels
  • Stena unveils converted methanol-powered ro-pax
    Lloyd's Register and Wärtsilä join in work on world's first methanol-powered vessel
  • Carriers and not lower BAFs to blame for fall in Asia-Europe rates
    Drewry attributes latest rate slump to shipping lines' failure to cope with lower utilisation levels
  • Black Sea bounty as China favours Ukraine for grain
    Smaller vessel operators may switch their focus as China shuns US supplies
  • CSAV returns to the black following Hapag-Lloyd deal
    Chilean shipping line records profits of $389m in 2014
  • CMA CGM profits up 43% as order for 20,600 teu trio finalised
    Update: French line considers M&A and IPO after posting net profit of $584m, up 43%, and return on invested capital of 9.9%
  • Hellenic Carriers sells oldest bulker for $3.8m
    AIM-listed owner will book $3.9m loss on deal that is part of fleet renewal
  • Star Bulk sees gradual recovery in dry bulk markets
    Industry-wide efforts to curb oversupply and bottoming commodities prices means the worst might be over soon, says president Hamish Norton
  • Clustering nicely
    Integration in all the elements that go to make up a safe and efficient marine transport system are needed as ship design goes forward

The Journal of Commerceweb site
MARCH 30, 2015
  • LA, Long Beach ports could be back to normal sooner than mid-May
    Terminal operators in Los Angeles-Long Beach are beginning to reduce the vessel backlog built up during the longshore labor negotiations, raising the possibility that the largest U.S. port complex will be back to normal before mid-to-late May as originally expected. The Marine Exchange of Southern California reported Monday that 11 containerships...
  • Egypt expects August finish to Suez widening
    The Egyptian government expects to meet its goal of completing the $4 billion widening of the Suez Canal within a year, allowing shippers to access a second channel starting in August. At the Common Market for Eastern and Southern Africa in Abbis Ababa, Egyptian Prime Minister Ibrahim Mahlab on Monday confirmed...
  • Panama Canal vessel backlog persists
    Officials at the Panama Canal on Monday were still working their way through a significant vessel backlog after an "unusual" increase in the number of ships awaiting transit began to back up outside the waterway weeks ago. On Monday afternoon there were 19 container vessels awaiting transit on either side of...
  • Injunction brings Santos dredging program to a standstill
    Port of Santos users and operators were hit by a bombshell Friday when an injunction was imposed, halting the port's much-needed dredging program. Angelino Caputo e Oliveira, president of the port authority, Codesp, appeared shocked by the news when interviewed in his office, but he did have some ideas as to...
  • HHLA profit jumps 10 percent on strong ocean, intermodal growth
    HHLA's operating profit jumped 10 percent in 2014 as it handled record volumes of containers at its three Hamburg terminals. Hamburg's biggest stevedore earned 169.3 million euros [$182.8 million] before interest and tax against 153.9 million euros in 2013 on revenue 5.4 percent higher at 1.2 billion euros. The Hamburg terminals handled...
  • Cosco seeks majority stake in Piraeus port after Athens' privatization U-turn
    China's Cosco Pacific will bid for a majority stake in Greece's port of Piraeus after the country's new socialist government apparently reversed course on its opposition to port privatization. The Chinese company is an "active participant" in the bid for a majority stake in Piraeus and can make a "very competitive"...
  • TOTE to launch first LNG-powered container ship in April
    TOTE Inc. has scheduled an April 18 launching for its first container ship built to operate on liquefied natural gas fuel. The new ship will be operated by Sea Star Line between Jacksonville, Florida, and San Juan, Puerto Rico. The Marlin-class vessel is one of two 3,100-TEU ships that General Dynamics...
  • Nhava Sheva sets record in fiscal year container volume
    Despite the long-term landside congestion and intermittent labor troubles that led to some traffic diversions, Jawaharlal Nehru Port Trust achieved an all-time high in container-handling in fiscal year 2014-15, which is set to end March 31, according to the latest port data collected by JOC.com. The three terminals at India's busiest...
  • CMA CGM to seal order for three 20,600-TEU ships this week
    CMA CGM will sign an order for three 20,600-TEU container ships this week, the French carrier's vice chairman said. The vessels will be built by South Korean shipbuilder Hanjin Heavy Industries for delivery in the third quarter of 2017, according to Rodolphe Saade. CMA CGM is the second carrier to break through...
  • Made in Mexico
    Volkswagen had it all figured out. After scouting locations for a new North American production facility, it settled in 2008 on Chattanooga, Tennessee, and acquired additional land that could be the future site of a plant for its Audi unit. The VW factory opened in 2011, but as the Wall Street...
  • Mexico evolves into trade giant, but corruption remains
    The "boot" was locked firmly onto the left rear wheel of our van, immobilizing it on a busy street near the historic center of Mexico City. The police had clamped the rectangular device on the van despite the vehicle being parked in a space that was clearly legal and the...
  • CMA CGM net profit soars as revenue, traffic hit new highs
    CMA CGM's profit soared more than 43 percent in 2014 as the French carrier transported a record number of containers, cuts costs and trimmed its debt. Consolidated net income rose to $584 million from $408 million in 2013, which was bloated by a $200 million gain on the sale of a...
  • New Chongqing logistics park leads Goodman's west China portfolio
    HONG KONG - The first 1.2 million square feet of Goodman Chongqing Airport Logistics Park has been developed as part of a $400 million investment being rolled out in western China over the next two to three years by the Australia-based property group.Another 860,000 square feet of logistics space will...
  • Steady rate slide may end bunker benefits to shippers
    HONG KONG - Carriers that have been passing on the benefits of lower fuel costs to shippers may not be so generous as freight rates continue their steady decline, is the view of Drewry in its latest Container Insight Weekly. The London-based analyst said Shanghai-to-Rotterdam rates assessed in the World...

TradeWindsweb site
MARCH 30, 2015
  • Economou buys from DryShips
    DryShips has struck deals worth $536m to sell its 10 tankers to George Economou, its chief executive and largest shareholder.
  • Fesco sees earnings grow
    Fesco Transportation Group delivered a 30% jump in reported earnings during the fourth quarter, helping limit its decline for the full year.
  • Euronav shares swapped
    Euronav said 45% of eligible shareholders swapped the tanker owner's Brussels-listed shares for stock covered by its recent New York Stock Exchange (NYSE) listing.
  • Piraeus profit slips
    With chatter about the Greek government's plans to privatise the port of Piraeus intensifying, the management company of the country's biggest hub saw its profit fall for 2014.
  • Guoyu series swells
    Finland's Containerships has sold a EUR 45m ($48.78m) bond to finance two more LNG-fuelled boxship newbuildings in China.
  • Yang Ming back in black
    Taiwan's Yang Ming has returned to profit for 2014 as revenue rose and finance costs fell.
  • Debt relief for Rand
    Rand Logistics has taken an important step in increasing its liquidity as it managed to close a $170m revolving loan facility.
  • GasLog plots share sale
    New York-listed GasLog is planning a sale of stock to boost its funds for fleet expansion.
  • Tankers unimpeded
    Crude tankers from Kuwait have reported no problems passing through the Bab-el-Mandeb strait between war-torn Yemen and Djibouti.
  • Crew saved after clash
    Four fishermen have been rescued off Turkey after a collision with a cargoship sank their boat.
  • Heerema orders giant
    Heerema Offshore Services has ordered what it claims to be the world's largest crane vessel at Jurong Shipyard.
  • For sale or not?
    Greece's deputy prime minister has said the sale of Piraeus will be completed within weeks, refuting a recent statement from the shipping minister about halting the privatisation process.
  • CMA CGM profit soars
    French container line CMA CGM has posted a big rise in 2014 earnings as it closes in on an order for three huge containerships.
  • Boa extends deal
    Norway's Boa Offshore has added 60 days to a term charter for an offshore support ship.
  • Crimean crime?
    Ukrainian authorities have arrested a Turkish cargoship after it visited the Russian-annexed territory of Crimea.
  • Megaships boost HHLA
    Hamburger Hafen und Logistic (HHLA) has ridden an all-time record container throughput to higher earnings for 2014.
  • India's Yemen mission
    Two ferries are heading from India to bring home Indians stranded in war-torn Yemen.
  • Merger lifts CSAV
    Compania Sud Americana de Vapores (CSAV) has been boosted by the recent partnership with Germany's Hapag-Lloyd and posted a big profit for 2014.
  • Greek ferry refloated
    A Greek ferry with 227 passengers and 55 crew aboard has been refloated after getting stuck near the port of Kasos island.
  • Soechi Lines adds profit
    Indonesian tanker owner Soechi Lines has increased profit in 2014 as revenue rose.
  • Viking fixes AHTS
    Viking Supply Ships has tied up one of its anchor-handlers on a $100m long-term deal with an oil major.
  • Three more for CSDC
    China Shipping Development Co (CSDC) has lined up another bulker order in China.
  • Hellenic confirms disposal
    Hellenic Carriers has confirmed the sale of its oldest bulker in a statement released first thing Monday morning.
  • Back by the summer
    A Danish ferry damaged while undergoing repairs at Remontowa shipyard in Poland is expected to return to service in the summer.
  • Asian lines team up
    Singapore's Pacific International Lines (PIL) says it is to launch a new liner service from Asia to the Middle East.
  • Monsoon to drydock
    Avance Gas is to drydock one of its new VLGCs after the vessel suffered what was described as a "technical irregularity".

American Shipperweb site
MARCH 30, 2015
  • Glimpses of transportation's future at MIT event
  • Trucking industry to feel full force of federal regs by 2017
  • Jaxport box business receives February bump
  • House introduces sugar reform bill
  • DOT to allow Delta's continuation of Seattle-Tokyo flight
  • Former CBP, NYPD officers to serve jail time
  • U.S. steel imports fall in February
  • Redwood expands logistics investment in Japan
  • Service Announcements: OOCL, NYK, Cavotec and Braemar SA
  • CMA CGM reports higher profits, revenues for 2014

The Bunker Bulletinweb site
MARCH 30, 2015
  • MAN Diesel & Turbo tests methane engine concept
    'Successful' demonstration of technology was held earlier this month.
  • LNG terminal expansion begins in Rotterdam
    Expected to become operational by the end of H1 2016.
  • Containerships orders gas-fuelled ships
    'Huge leap for a family owned company,' says CEO.
  • Scrubbers see cruise ship return to US port
    'We are thrilled to be returning to Baltimore,' says Carnival president.
  • Indian owners under pressure despite bunker falls
    Low freight rates make profit making difficult.
  • Knock-on effect from Houston channel delays
    Bunkering among services affected.
  • VPS issues bunker alert
    Evidence of 'elevated sediment content.'
  • Green group unconvinced by Gibraltar STS gas transfer
    Safety an issue, even if conducted offshore.
  • Shipowners should be transparent, says UAE bank
    'We want to get more information [from shipowners] but, at the same time, we also want their business,' says Fujairah bank spokesman.
  • Quadrise losses extend into H2
    But company remains confident of bringing alternative bunker fuel product into the market this year.
  • Taiwanese boxshipping firm returns to black
    Revenues rose 13%.
  • BP Shipping: No problems with ECA
    Company preparing for transition since June 2014, says its Global Chartering Manager.
  • Malaysian bunker supplier to go public
    Company planning further expansion with funds raised on the equity market.
  • Experts highlight issues with 'hybrid' fuels
    Big challenge is availability at worldwide locations.
  • Malaysian MGO, services provider in acquisition talks
    'We have identified the companies,' says firm's director.
  • First LNG STS operation completed in Gibraltar
    'I certainly want to see more of this in the future,' says Port Captain.
  • Bunker crew offered support after crew member dies
    Welfare organisation says it was able to show that 'it shared and understood the seafarers' grief.'
  • Turkish cargo ship arrested in Ukraine
    For calling at a Russian-controlled Crimean Port.
  • African shipbuilder developing hybrid-electric systemIeri 30 marzo 2015, 4.00.00
  • Company anticipating an increase in demand for the propulsion type.
  • Bulker held in SingaporeIeri 30 marzo 2015, 4.00.00
  • Vessel controlled by South Korean interests.

›››File
FROM THE HOME PAGE
CK Hutchison threatens legal action against APM Terminals if it takes over Panamanian ports of Cristóbal and Balboa
Hong Kong
The Chinese company warns that the continued operation of the airports depends solely on the actions of the Supreme Court and the Panamanian state.
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
Two FMC commissioners call on the US government to take action against Canadian and Mexican ports
Washington
Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged
Annual container traffic handled by the port of Algeciras remains stable.
Algeciras
A 6.2% decrease in the weight of goods in containers was recorded
The EU Commission authorizes Italy to provide financial support for rail operations in ports.
Rome
Incentives for a maximum total of 30 million euros over five years
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
Ismailia
The need to reduce insurance premiums for vessels transiting the Red Sea region was also highlighted.
€3.1 million in unpaid regional maritime property fees recovered in Campanian ports
Naples
422 default notices to non-compliant dealers
In November 2025, freight traffic in the ports of Genoa and Savona-Vado dropped by -5.5%.
Genoa
The two airports recorded percentage variations of -7.5% and +0.6% respectively
EU ETS: Interferry calls for a halt to the 100% charge for ferry emissions in 2026.
Victoria
The vast majority of the revenues from the maritime ETS - the association denounces - are diverted to the national budgets of the Member States.
The new configuration of the Ocean Alliance service network confirms seven calls at Italian ports
Hong Kong/Taipei
Two at the port of Genoa, two at that of La Spezia and one stop each at the ports of Vado Ligure, Trieste and Salerno
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Marseille
Cruise passengers grow by +7%
AD Ports has acquired the Spanish shipyard Astilleros Balenciaga.
Abu Dhabi
Transaction worth 11.2 million euros
CMA CGM reports three services on the route around the Cape of Good Hope
Marseille
The international scenario - explains the French company - is complex and uncertain
COSCO Shipping Ports' terminals handled record container traffic last year
Hong Kong
Growth of +6.2% over 2024
In the fourth quarter of 2025, freight traffic in the port of Venice grew by +13.5%
Venice
An increase of +4.9% was recorded for the whole year
Buffer areas to decongest the North West logistics system
Genoa
The proposal is from Connect. Let's remember, Palenzona warns, that the Italian system depends on road haulage.
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
St. Petersburg
In the fourth quarter alone, traffic was 231.1 million tonnes (+6%)
The port of Civitavecchia has set a new annual cruise traffic record
Civitavecchia
A 5.4% increase in transit passengers. Disembarking and embarking passengers remained stable.
A ship coming from Russia was seized in the port of Brindisi
Toasts
Alleged violation of sanctions against the Russian Federation
FS Logistix takes over railway operations in Area 6A of the Port of Antwerp.
Antwerp
New generation hybrid locomotives will be used
Greek Shipowners' Association urges EU to take measures to protect ships and crews
Piraeus
Call for expressions of interest for the refurbishment and management of the cruise terminal at the Port of Gibraltar
Gibraltar
Applicants must be willing to fully finance the work
In 2025, acts of piracy against ships increased by +18%
In 2025, acts of piracy against ships increased by +18%
Kuala Lumpur
A 43% decrease in accidents was recorded in the last quarter
InRail to manage the Interporto Pordenone intermodal terminal for a year
Pordenone
Temporary solution in view of the establishment of a public-private company
Turkey's Kuzey Star Shipyard to Build Shipyard in Syria's Tartous Port
Damascus
An investment of at least $190 million over five years is expected
In 2025, cargo traffic in Ukrainian ports decreased by -15%
Kiev
Container traffic grows by 66%
Container traffic in the port of Hong Kong decreased by 5.7% last year.
Hong Kong
In the fourth quarter alone the decline was -8.0%
In 2025, PSA's port terminals handled record container traffic
Singapore
New peaks in volumes handled in Singapore and the group's overseas terminals
Chinese CMPort's port terminals handled record container traffic last year
Hong Kong
The total was 151.5 million TEUs, an increase of +4.0% over 2024.
COSCO orders 12 new 18,000-TEU and six 3,000-TEU containerships
Hong Kong
Jiangnan Shipyard, China Shipbuilding Trading, and COSCO Shipping Heavy Industry win $2.7 billion in orders.
The port of Trieste closed 2025 with a 0.7% growth in freight traffic thanks to the increase in crude oil prices.
Trieste
The port of Gioia Tauro has once again set its container traffic record
The port of Gioia Tauro has once again set its container traffic record
Gioia Tauro
In 2025, the previous peak recorded the previous year will increase by +14%.
Port of Singapore sets new all-time container throughput record
Port of Singapore sets new all-time container throughput record
Singapore
The port confirms its position as the world's second largest container port
The volume of cargo traffic in the port of Koper will remain unchanged in 2025.
Koper
Increase in containers and rolling stock. Decline in other types of cargo.
Taiwan's Evergreen, Yang Ming and WHL close 2025 with double-digit revenue declines
Taipei/Keelung
In 2025, piracy attacks against ships in Asia increased by +23%
Singapore
The severity of accidents has decreased
The Democratic Party accuses the government of blocking investments in ports and placing the Port System Authorities under special administration.
Rome/Genoa
Nova Marine Carriers, Bolten and Ership have acquired full control of VCK Port Logistics.
Lugano
Amsterdam has developed its only covered terminal capable of operating in all weather conditions.
In the fourth quarter of 2025, revenues generated by OOCL's containership fleet decreased by -17.2%.
Hong Kong
Transported volumes increased by +0.8%
TKMS submits non-binding offer to buy German Naval Yards
TKMS submits non-binding offer to buy German Naval Yards
Kiel
The Kiel-based company builds naval vessels and luxury yachts
Assagenti calls for more constant and timely reporting on the progress of work on Genoa's new breakwater.
Genoa
Croce: the international shipping market must be enabled to plan commercial and operational decisions in advance.
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
ICS has published its periodic analysis of flag state performance
London
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
De Wave Group has acquired French company DL Services.
Genoa
The company specializes in the design of industrial kitchens and the supply of technical components and spare parts on board
CMA CGM's TUX transatlantic service will call at the port of Salerno
Marseille
The line connects Turkey with the East Coast of the USA
Cruise traffic in the port of Piraeus increased by +9% last year
Piraeus
Approximately 1.85 million passengers moved
New intermodal connections between Northern Italy and Belgium by GTS Rail and CargoBeamer
Bari/Leipzig
Activated on the Padua-Zeebrugge and Liège-Domodossola lines
In 2025, cruise traffic in the port of Genoa grew by +6.5%
Genoa
Ferry passengers down 3.6%
Grimaldi took delivery of the PCTC Grande Manila
Naples
The vessel has a total capacity of 9,241 CEUs.
Expedition cruise ship Exploris One to be auctioned off
Nantes
It has a capacity of 144 passengers and 102 crew members.
SeaCube Container Leasing has acquired Martin Container.
Montvale
The company specializes in the refrigerated container segment
Pisano: The Simplified Logistics Zone has great strategic importance for the port of La Spezia.
La Spezia
RINA and HPC launch project to promote green ports in the Caspian region
Genoa
Five-year contract with the OSCE
Vard to build four Multi-Purpose Robotic Vessels for Ocean Infinity
Trieste
The contract has a total value of over 200 million euros
Hanseatic Global Terminals will become sole owner of Florida International Terminal
Rotterdam
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
The transportation sector enters a turning point with the adoption of artificial intelligence
Ulm
However, most companies are still in the early stages of this process.
Work completed to widen the access channel to the port of Livorno.
Livorno
The width between the two banks will be increased from 70 to 120 meters
Nexans sets a record for the depth of laying a high-voltage submarine cable on the Tyrrhenian Link
Paris
Installation at -2,150 meters
Funds for Spanish ports to adapt to the use of wind energy and other marine renewable energy sources
Madrid
Program with a total value of 212 million euros
CMD - Costruzioni Motori Diesel returns to wholly Italian ownership
Atella
Giorgio and Mariano Negri have acquired 67% of the capital held by the Chinese Loncin Motor Co.
Intesa Sanpaolo is financing the construction of three PCTCs for Grimaldi Euromed.
Milan
The new ships will be delivered later this year
Medlog acquires Australian intermodal operations of Seaway
Fremantle
The transaction will be completed within the first quarter of this year.
MIT has updated cybersecurity measures for national ships, ports and port facilities
Rome
A circular has been published which, among other things, introduces staff training
V.Group has bought the Danish company Njord
London
The company offers the shipping industry solutions for energy efficiency and decarbonisation
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
Spediporto's conference "Take opportunities navigating trade tensions" will be held in Genoa on December 1st and 2nd.
Genoa
It will be held at the Conference Hall of Banca Bper
››› Meetings File
PRESS REVIEW
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fire aboard the Majestic ferry in the Port of Genoa
Genoa
The flames were extinguished by the intervention of the on-board fire brigade and did not cause any injuries.
COSCO to acquire control of German logistics company Zippel
Hamburg
Agreement to acquire 80% of its capital
Colombo Port Sets New Annual Container Traffic Record
Columbus
Sri Lanka Ports Authority signs agreement with French shipping group CMA CGM
Viasat to exit British company Navarino's capital
London
ICG to support the Tsikopoulos brothers in reinvesting in the company
The Palau government ensures the full operation of the Naval Registry
Koror
Moses (BMT): Services continue to be provided in accordance with international procedures and standards
In the first nine months of 2025, freight transported on the Austrian rail network increased by +1.4%
Vienna
Growth of +4.9% was recorded in the third quarter alone
Saipem wins $425 million offshore contract to develop the Sakarya gas field.
The decree for the distribution of PNRR resources to interports has been signed.
Rome
The disbursement of 1.9 million euros is expected
Messina, a Genoese company, launches a new service to Algeria.
Genoa
The rotation touches the ports of Fos, Genoa, Barcelona, Algiers, Fos
FS Logistix is the first company in Europe to certify its carbon footprint for freight transport.
Rome
The FS group company has obtained ISO 14067 certification
WASS (Fincantieri Group) wins torpedo supply contract for Indian Navy
Trieste
Contract with a total value of over 200 million euros
FHP Intermodal will become operational on January 1st
Milan
FHP Group completes the integration process between its subsidiaries CFI Intermodal and Lotras
The Coral Adventurer cruise ship ran aground in Papua New Guinea.
Port Moresby
No harm to people on board
d'Amico International Shipping orders two new MR1 product tankers from Guangzhou Shipyard International.
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