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Independent journal on economy and transport policy
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BRIEFS
February 1, 2016
Sched Netweb site
  • A-E off 14pc to US$469/TEU, Asia-Med dropped 22pc to $488/TEU
  • MOL restructures box and dry bulk, warns of US$1.45 billion loss
  • Baltic Dry Index falls to new all-time low as demand evaporates
  • Maersk diverts from Felixstowe to London Gateway as congestion mounts
  • New York-NJ dockers walk out in Waterfront Commission row
  • CMA CGM signs shipping cooperation agreement with IRISL in Paris
  • Near extinct, low oil puts old gas-guzzling reefer ships back in business
  • Railway pensioners stage protest in Harbin over short pension payments
  • Maritime strike in Greece over retirement pay extended 48 hours
  • Singapore-managed ship rescues 17 Cubans, repatriates them from Jamaica
  • Logistics set for growth, shipping benefits: Vietnamese bank report
  • Latest Stifel Logistics Confidence Index reading sees improved outlook
  • Come what may, Singapore and Liner Shipping rely on the power of positive thinking
  • Maintenance Management Summit in Rotterdam from March 2-3
  • Cargologic Air kicks off operations with charter flight to Italy
  • New FedEx films preview how SMEs can expand globally
  • CH Robinson opens second air freight screening facility

Exim Indiaweb site
JANUARY 31, 2016
  • Econship Marine awarded coveted ISO 9001:2008 certification
  • Global containership capacity likely to increase only by 4.6 pc in 2016
  • NYK recognised for excellence at 2015 Nikkei Annual Report Awards
  • PSTS celebrates 75 years
  • SCI announces direct SMILE service voyage to Jebel Ali ex. Kattupalli & Krishnapatnam
  • SPARXX Maritime & Logistics demonstrates ODC expertise by successfully handling overdimensional export cargo from Nhava Sheva
  • Raw silk from China to attract $1.85/kg anti-dumping duty
  • A Case for Composite Development of Infrastructure along with Port Development
  • APM Terminals Pipavav improves net profit, income from operations in Q3 FY16
  • Chennai Port handles record steel cargo
  • Development of Payra port in troubled waters
  • India would lose Chabahar port project if investment delayed, warns Iran
  • JN Port celebrates 67th Republic Day with enthusiasm
  • MoS to spend INR 14,225 cr. to improve port infrastructure
  • Mumbai Port Trust tops All India Major Ports Athletic Meet
  • Budget 2016 - Expectation of the logistics industry
  • Forex reserves increase by $ 355.10 m to $ 347.56 bn
  • Govt may re-impose 5 pc import duty on crude oil
  • GST Bill can be passed with backing from smaller parties
  • Only two documents required for IEC: DGFT

International Transport Journalweb site
  • «Imagination is of the essence»
  • Reporting season opens
  • New coal haulage services
  • Port of New Orleans on a clean trip
  • Sales specialist for e-commerce specialist
  • Teaming up to upgrade rail services
  • New traffic for Hamburg
  • Reappointments in Houston
  • Zim/Zam upgrade, Panama delay
  • Merger in freight wagon hire sector
  • Port of Switzerland defying low water levels
  • Free marketplace for sea and air freight
  • Delta Cargo pampering pets
  • K Line revises initial prospects
  • Rotterdam - Poznan thrice weekly
  • 3PL service provider names VP for Europe
  • Swiss takes over new longhaul flagship
  • Bertschi opens complex in Singapore
  • New Japanese port company names first president

IHS Maritimeweb site
JANUARY 29, 2016
  • Ecoslops has expansion on the cards as vessel operators see discharge rates rise
    Ecoslops has its eye on new sites to expand its capability of producing recycled marine fuels, at a time when vessel operators are under increasing pressure to dispose of their slops. Ecoslops, the first to develop the technology to do this, have...
  • Exmar profits hit by low pressurised LPG carrier rates
    Gas transport specialist Exmar saw provisional full-year profits sink 39% year on year to USD41.4 million last year after disappointing results from its small pressurised liquefied petroleum gas (LPG) tanker business. The Antwerp-based company reported increases in its operating results in its liquefied natural gas (LNG) and offshore...
  • HMM sells remaining stake in Hyundai Asan, borrows from Hyundai Elevator
    Embattled South Korean liner shipping company Hyundai Merchant Marine has disposed of its stake in affiliated tour operator Hyundai Asan and took a loan from another affiliate. HMM on 29 January 2016 announced that it sold its remaining 33.8% stake in Hyundai Asan, comprising 8,087,753 shares, for KRW37.4 billion (USD31 million). On...
  • New Corsican ferry operators plan to merge
    The future of ferry services between the island of Corsica and the French mainland has been thrown into confusion by the announcement of plans by the Corsican local government authority to set up a new ferry company under its own control. The authority, which plans to bring the new company into...
  • Europe diesel glut worsens as Asia cargoes to flood market within weeks
    Europe's diesel glut is set to worsen, with just under 3 million tonnes already tracked being imported in to the region over February and the first half of March, adding to 1 million tonnes currently in temporary floating storage on ships. Some...
  • Qube's bid to trump Brookfield for Australia's Patrick ports
    The bidding war between Australia's Qube Holdings and Canada's Brookfield Infrastructure group for Asciano rail and ports business intensified on 28 January, with Qube attempting to trump its competition. In a new proposal announced to the Australian Stock Exchange, Qube chairman Chris Corrigan has put more money on the table in...
  • KSS Line seals charter deal with SIETCO
    South Korean chemical and LPG shipping company KSS Line said on 29 January 2016 that it has won a time-charter contract with Shell International Eastern Trading Co (SIETCO), the trading arm of oil major Anglo-Dutch Shell. The contract, worth KRW86.8 billion (USD72.6 million), will last seven years from May 2017. Company representatives said that an 84,000 m3 VLGC it ordered from...
  • Keppel, Sembcorp Marine could merge offshore and marine businesses
    Amid talk that Singapore government's investment company Temasek Holdings wants to divest its stakes in Keppel Corporation and Sembcorp Marine, analysts have opined that a merger of the two groups' rig building businesses is a possibility. Reportedly, on 25 January, Temasek, during a...
  • MOL expects USD1.5 billion annual loss as it draws up structural reforms
    Japanese carrier Mitsui OSK Lines (MOL) has forecast a USD1.5 billion loss in its 2015 financial year that ends on March 31 as demand falls away in all its shipping markets and the line cuts surplus tonnage in its dry bulk and container units.The expected loss is...
  • Emissions requirements for China YRD ports compulsory from April 1
    The main ports of China's Yangtze River Delta (YRD) will introduce compulsory emissions reduction requirements from April 1 this year with non-compliant ships potentially facing fines of up to USD15,000 under national air pollution laws. China's Ministry of Transport (MoT) issued an update to an original directive that established emissions control...
  • Concordia reports 'best year since 2001'
    Sweden's listed product tanker company Concordia Maritime has reported positive figures for 2015, proving that for some, low oil prices are an opportunity to profit if the right charter-spot balance is struck. Profit before tax soared y/y to SEK174.3 million (USD20.5 million) - nearly...

The Loadstarweb site
JANUARY 29, 2016
  • MOL to restructure container shipping and dry bulk businesses as it warns of $1.45bn loss
  • Damco launches one-stop e-commerce logistics service in China as online shopping booms
  • Cambodian air freight volumes buck global slowdown
  • Big Data: the latest rage in supply chain management
  • CMA CGM steps up Iran presence with IRISL deal
  • Perishables shippers expect an enlarged Panama Canal to offer fresh transhipment options
  • Swiss on a roll with the touchdown of its first 777-300ER - with another eight on the way

Marine Logweb site
JANUARY 29, 2016
  • Prestige Master sentenced to two years in prison
  • Prison for Navy officer involved in Fat Leonard affair
  • Research vessel gets innovative A-Frame
  • ABD Shipyard delivers first of two tugs to Saam Smit Towage
  • New engines for Niagara Falls tour boat
  • Balearia orders giant LNG fueled smart ferry at LaNaval
  • OSI to supply INBS for Canada's Resolve Project oiler

World Wide Shipperweb site
JANUARY 29, 2016
  • Drewry dry bulk shipping report eyes cuts in vessel numbers
  • BNSF Railway announces lower spending plan for 2016
  • Wanted person apprehended at Pacific Highway Port of Entry
  • Study finds no significant impact from third Deltaport box terminal berth
  • Trade between NAFTA partners slows down from previous year

Lloyd's Listweb site
JANUARY 29, 2016
  • Lack of fixtures dampens VLGC spot market
    Further dips in freight rate anticipated
  • CMA CGM teams up with IRISL to grow Iran market
    Update: Memorandum of understanding covers space sharing on each lines' ships
  • Port of Indiana-Jeffersonville sets new annual shipping record
    Results were driven by heavy volumes of agriculture and steel products
  • Supply chain at risk as box weight rules approach
    Analysts warn of disruptions when new Solas regulation comes into force
  • Capital Product locks in more tankers as earnings rise
    Partnership declares steady distribution to unitholders
  • Salvors board Modern Express
    Difficult intervention will take several hours, according to French authorities, but ship could be under tow by this afternoon
  • Dry bulk: Get in now to reap rewards in next few years if you can afford it
    Dire market conditions creates opportunities for new entrants
  • S&P overview: Time for asset play?
    The tanker sector has been bullish, but asset players seem to be shifting attention to young capes and boxships
  • Container shipping braced for grim year
    Surplus ship capacity, price wars, alliance reshuffles and weak economies a nightmare mix for ocean carriers
  • Price pressures will dictate volume of US LNG
    If US plants do not operate at full capacity, ships will be left without employment
  • India: No knight in shining armour for dry bulk in 2016
    Market will have to look elsewhere for positivity as vessel oversupply leads to record lows
  • Confusion on the winding road to ship recycling
    Proposals for a green levy on owners and uncertainty over the beaching method overshadow news that a handful of countries may ratify the Hong Kong convention
  • Will clean energy mean the death of the tanker trade?
    What COP21 means for fossil fuels, and the future of oil and gas transportation
  • Will baby bonds deliver?
    Baby bonds might offer desperately needed capital to cash-starved shipping companies at a lower cost than preferred shares and with very few, if any, covenants
  • Bulk trades to harvest an agricultural windfall from TPP
    Trans-Pacific Partnership strengthens trade rules and open doors for US agriculture exports
  • Is Narendra Modi's river drying up?
    The clock is ticking on the Indian prime minister's grand plan for ports development - with little accomplished yet
  • Pearls on a fraying string
    Sagar Mala will offer huge riches if Narendra Modi's government can pull it together
  • Angola LNG restart still unclear
    Angola says it does not comment on the status of its cargoes
  • Coherence, please
    An unco-ordinated approach to environmental regulation is resulting in confusion, uncertainty and an understandable reluctance by shipping to act
  • Asia-Europe box rates continue descent
    With Chinese New Year fast approaching, carriers can expect further downward pressure in the weeks ahead
  • Capesize dips on week
    Cyclone forces closure of ports in Western Australia
  • Costamare soars after strong results underline consistency
    Boxship owner faced reports that underestimated liquidity and exaggerated re-chartering risk
  • China Merchants Energy Shipping inks VLCC charter with Shell
    Very large crude carrier spot market expected to soften during 2016
  • Origin Energy posts strong production numbers for December quarter
    Boost attributed to increased gas production from Australia Pacific LNG project
  • Oil tankers fixed for short-term storage on US Gulf coast
    Vessel demand for diesel arbitrage and storage could support tanker rates ahead
  • Fortescue reports modest increase in iron ore shipments
    Miner continues to slash costs in battle for larger market share
  • MOL reports 47% drop in nine-month profit, expects full-year loss
    MOL to implement reforms due to "severe" business environment
  • China Ocean Shipbuilding Industry mulls name change
    Proposed new name will better reflect group's revamped business strategy
  • Shipping market glut dampens K Line results
    Consolidated net income plummets 72%
  • Tidewater suspends dividend and share buyback programme
    Company looking to conserve cash as oilfield services market continues to weaken

The Journal of Commerceweb site
JANUARY 29, 2016
  • Teamsters claim Oakland port project pact as misclassification win
  • NY-NJ port terminals reopen after ILA wildcat strike
  • XPO Logistics cuts jobs, adds tech in LTL restructuring
  • Landstar System adds trucks, but revenue drops
  • Australia's Qube raises stakes in pursuit of terminal operator Patrick
  • Japan "Big Three" carriers see losses ahead
  • Werner wins robust profit in 'less robust' US freight market
  • Profit up at Japan's top air carriers despite lower cargo revenue
  • Europe-US ocean, air cargo trades lose forwarders' confidence
  • Employers seek to end ILA strike at NY-NJ port
  • Top India port preps for container weight rule, others yet to progress
  • China may heavily subsidize container rail shipments to Russia
  • UK airport operator boosts cargo at four airports
  • China ports introduce compulsory emissions rules from April
  • Trans-Pacific rates inch up, but post-Chinese New Year rate slump looms

TradeWindsweb site
JANUARY 29, 2016
  • Capital Product bags $79m in period deals
    Five medium-range products tankers score deals ranging from 13 months to three years.
  • Northeast US ports hit by walkout
    The agency that oversees ports caught short by the surprise walkout.
  • VLCCs find footing on quiet day of fixtures
    Rate estimates rise despite dearth of activity ahead of second decade.
  • Export demand to soak up VLGC supply
    Dorian LPG continues to see growth in seaborne trade from US and other countries.
  • ARC to place car carrier Aida in MSP
    Wallenius-Wilhelmsen-backed owner to use ship to replace Courage.
  • Star Bulk closing on Alpha capesize deal
    New York-listed owner expected to conclude latest sale with Alpha joining elite group of cape bulkers.
  • France approves plan to tow Modern Express
    Officials say Smit Salvage has boarded vessel and hopes complete tow preparations today.
  • Latvian Shipping to manage Vitol trio
    Riga owner taking over MR newbuildings ordered by its major shareholder's Elandra unit.
  • Dorian comes in well ahead of profit forecast
    John Hadjipateras-led company posts strong Q3 result and expects to carry on the momentum in 2016.
  • Capital Products Q4 profit rises 12%
    Refined product and crude tanker demand offsets weaker boxship markets.
  • Bulker woes set to hold back CSDC
    Annual profit growth from tankers to be curtailed by impairments of up to $46m due to struggling dry cargo market.
  • Maersk Line focuses on Colombian fruit
    New weekly service linking Santa Marta and Turbo to northern Europe.
  • Exmar's profit up after one-time items
    UPDATE: Nicolas Saverys-led company sees 2015 profits rise 19% after last year's asset sales.
  • India moves nearer to Cochin IPO
    Government wants merchant banks to bid for shipyard share-sale business.
  • Svitzer signs big port deal in China
    Danish towage company to team up with Guangzhou Port Group, the world's fifth largest harbour.
  • Croatian tanker robbed in India
    Thieves target Uljanik Plovidba vessel at Kandla anchorage.
  • John Wiik joins Cambiaso Risso Marine
    Former CEO of Norwegian Hull Club will take over as chairman of subsidiary Henschien Insurance Services.
  • Zodiac offloads another cape for scrap
    Eyal Ofer-controlled owner sells second big bulker within a week.
  • Meiji builds up profit
    Diversified Japanese owner posts strong result for the nine months to December but lowers full year forecast.
  • NS United sees profit halved
    Japanese bulker owner posts lower nine-month earnings as revenue dips.
  • Azuma pushes up nine-month profit
    Japanese cement carrier owner makes more between April and December despite smaller revenue.
  • Owners back places of refuge guidelines
    ECSA says EU's new stance on casualties has already helped.
  • CMA CGM signs landmark IRISL deal
    French container line makes first move to cooperate with Iranian carrier.
  • LPG player Yara set for $133m hit in Q4
    Norwegian owner booking big impairment from fertiliser plants in France and Trinidad.
  • IRISL set for European comeback as early as February
    Lifting of sanctions against Iran prompts Iranian shipowner to restore former trade links.
  • K Line bottom line suffers 70% decline
    The smallest of Japan's three major listed shipowners looks to have emerged the worst in Q3.
  • NYK profit drops 20% on market downturn
    Japanese shipowner sees profit slide despite efforts to cut costs and streamline fleet size.
  • 'Fat Leonard' scandal claims more top brass
    Officer admits accepting cash and prostitutes in return for helping Glenn Defense Marine Asia.
  • IRISL set for European comeback as early February
    Lifting of sanctions against Iran prompts Iranian shipowner to restore former trade links.
  • Analysts cut Euronav bets but stay positive
    Large dividend predicted from tanker owner as first quarter looks stronger than predicted.
  • Tidewater suspends dividend and buyback program
    Cash preservation the order of the day as US offshore vessel operator battles market downturn.

American Shipperweb site
JANUARY 29, 2016
  • Labor walk-off at Port of New York/New Jersey marine terminals
  • Metrans launches direct intermodal shuttle service
  • Samskip expands short sea service network
  • Gdansk's new cold storage facility obtains certificate of occupancy
  • Spot container rates fall 3.9%
  • Kirby Corp. profits, revenues drop in 2015
  • Indiana-Jeffersonville sets port tonnage record
  • Japanese 'Big 3' shipping results reflect deteriorating markets
  • Trade deal with Brazil next U.S. priority?
  • U.S. economy limps into new year
  • Werner boosts profits despite lower revenues in 2015
  • Executive Moves: "K" Line and ContainerPort Group

The Bunker Bulletinweb site
JANUARY 29, 2016
  • Singapore scraps ban on financial transactions with Iran
    Singapore relied on Iran for 6% of its total fuel oil imports prior to sanctions being imposed.
  • GLOBAL VLCC TRACKER: Ample supply, weaker activity see trade ease
    VLCC sailings, landings in key centers slide on tepid activity.
  • Singapore Feb ex-wharf 500 CST bunker prices higher at minus $1 to plus $2/mt
    Term prices for the RMK grade firmed from Jan.
  • IBS offers low sulfur marine diesel at Darwin
    10 ppm and 0.5% sulfur available from Feb.
  • West Australia's Port Hedland shuts ahead of cyclone
    Port Hedland closed at 11:12 am Western Australian time (0312 GMT) while Dampier to close later in the day.
  • 60 bunker tankers approved for MFM: MPA
    Total of 60 vessels approved for MFM bunkering to date.
  • Hellenic Petroleum refinery workers to start strike Friday: sources
    Bunker fuel prices firmed at Piraeus, Greece.

›››File
FROM THE HOME PAGE
Jeremy Nixon will hand over his position as CEO of Ocean Network Express to Till Ole Barrelet on July 1st.
Singapore
The German manager comes from Emirates Shipping Lines
The first three electric gantry cranes have been installed at the new intermodal terminal in Milan Smistamento.
Milan
At full capacity it will be able to handle up to 44 trains per day
Hong Kong government protests PPC's removal from Panamanian ports
Hong Kong/Beijing
Beijing government spokeswoman stressed that China will firmly protect the rights and legitimate interests of its companies.
European transport associations call for the CEF to be allocated at least €100 billion
Brussels
Chronic underfunding and financial shortfalls are lamented
The Panamanian government assigns the transitional management of the port of Balboa to APM Terminals and the port of Cristóbal to TiL
Hong Kong/Panama
CK Hutchison Holdings denounces the illegality of the terminal seizure and confirms the possibility of legal action.
Panamanian government seizes assets and equipment at the ports of Balboa and Cristóbal
Panama
The Panama Ports Company of the CK Hutchison group has been removed from the management of the two ports
Statement by rail and intermodal transport associations against gigaliners on European roads
Brussels
The current positions of the EU institutions - they denounce - all include elements that risk opening the door to a widespread diffusion of these vehicles.
The mandate of the EuNavFor Aspides mission has been extended until 28 February 2027.
Brussels
A budget of almost 15 million euros has been approved
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
Madrid
Santana: We believe that some aspects of the ETS should be monitored and, where necessary, revised.
Tidewater acquires Brazil's Wilson Sons Ultratug Participações for $500 million.
Houston
It has a fleet of 22 Platform Supply Vessels
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Washington/Suitland
An executive order confirming the suspension of the "de minimis" regime was also signed.
Slight growth in freight traffic in the port of Ancona in 2025
Ancona
Rolling stock slightly down. Passenger numbers significantly down.
Construction of the cruise terminal at Molo San Cataldo in Taranto will begin in October.
London
Global Ports Holding invests over €4.5 million
One dead and four injured on board the cruise ship World Legacy (formerly Moby Zaza )
Singapore
A fire broke out on the unit
SBB CFF FFS Cargo has sold 31 locomotives to Nordic Re-Finance
Bern
The Swiss company plans to equip itself exclusively with vehicles produced by Stadler Rail Valencia by 2035.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Hamburg
Containers boosted the growth. Volumes remained stable in the fourth quarter alone.
In the fourth quarter of 2025, the DFDS Group recorded a net loss of DKK -286 million.
Copenhagen
Last year, cargo traffic in Montenegro's ports grew by 1.6%.
Podgorica
Cargoes to and from Italy alone increased by +64.6%
To APM Terminals the 37.5% of the Southern Container Terminal of the port of Jeddah
The Hague/Dubai
DP World will keep the remaining 62.5%
Continues the bending of the traffic of the container in the port of Los Angeles
Los Angeles
In January decrease of -12.1%. Bown: the state of exports to China seems bad
In the fourth trimester of the 2025 the traffic of the goods in the port of Civitavecchia is increased of +8.6%
Civitavecchia
In the whole year growth was +3.1%
Samskip sells marine and logistic services with the United Kingdom and Ireland to the CLdN
Luxembourg/Rotterdam
The agreement includes rental agreements for over 5,000 multimodal load units
The Antitrust has reopened the procedure on the concentration between the Ignazio Messina & C. and the Terminal San Giorgio
Rome
The International Chamber of Shipping against the new harbour taxes programmed by the US government
Washington
Necessary - the association emphasizes - carefully coordinated political solutions
Norwegian Cruise Line Holdings orders three new ships from cruise to Fincantieri
Miami/Trieste
They are destined to the companies Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises
Hapag-Lloyd and ZIM agreed on a merger agreement
Haifa/Hamburg
The German company will pay up to $2.5 billion
America's Maritime Action Plan proposes a new tax on foreign-built ships from any nation entering U.S. ports.
Washington
It would be used to fund the new Maritime Security Trust Fund
Hapag-Lloyd to acquire Israeli ZIM
Hamburg
The German company will be responsible for international operations, while those in and with Israel will be assigned to the Tel Aviv-based private equity firm FIMI Opportunity Funds.
Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement
Dubai
It Kazim appointed president and Yuvraj Narayan managing director
Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven
Bremen/The Hague
CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa
Hong Kong
Tomorrow will be inaugurated the new container terminal of transhipment of Damietta
Bremen/Melzo
Its ability to annual traffic will rise up to 3,3 million teu
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
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.
Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port
Geneva
It occupies an area of over 100 thousand square meters
Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics
Rome
Monthly gross earnings increase at 750 Euros in three tranche
Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management
Sydney
It was unanimously approved by the Australian logistic group Cda
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
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
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
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.
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
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
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
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
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Livorno
Livorno Reefer to acquire stake in CSC
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
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
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
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
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
››› 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
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.
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
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
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