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24 April 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
March 1, 2019
Sched Netweb site
  • AmCham China: Member firms back US tariffs for now
  • Panalpina consolidated profit up 31pc to US$75.9 million, sales up 9pc
  • Kuehne + Nagel profit up 4.3pc to US$774.1 million as sales rise 11.7pc
  • CEVA 2018 profit slips 7.1pc to US$260 million but sales rise 5.2pc
  • Republican Alaska governor dismisses climate change bureaucracy
  • Kenya ports see 50,000 TEUers ahead as digitisation is introduced
  • MSC levies bunker surcharge from Down Under to US ports April 1
  • DP World signs mega order with Kalmar for Ecuadorian terminal
  • Trucking lobby protests proposed heavier loads on US highways
  • DRC to expand Congo Matadi river port to increase box volume
  • Sydney ferry fatality highlights need for wastewater treatment
  • Houston Amazon-Atlas crash sparks air cargo safety concerns
  • ABC starts twice-weekly Moscow-Dhaka freighter service
  • UPS expands capacity on Hong Kong to Europe hub in Cologne

Exim Indiaweb site
FEBRUARY 28, 2019
  • Allcargo Logistics celebrating 25 glorious years
  • Cargo Tracking Note for imports into Senegal
  • Federal Structure, TFA & capacity utilisation should be focused in Logistics Policy: FFFAI
  • MOL certified as 2019's White 500 for outstanding health & productivity management
  • RCL's total liftings from the two core businesses up in 2018
  • DP World Mundra registers highest berth productivity

International Transport Journalweb site
  • Brazilian presence in the USA
  • Takeover promotes tank business across eastern USA
  • Swiss alliance for global airfreight continues
  • Two truckstops in UK can be booked in advance
  • Fiege stores, packs and ships for fittings manufacturer
  • Amazon joins German Transport Forum
  • Inland port of Passau gearing up
  • Planet Mark certification for Yusen's new site
  • Maritime chooses Midlands Gateway as rail HQ
  • Seat on Confitarma board for Cesare d'Amico
  • Zim scoops up international shopping platform
  • IAG Cargo's results boosted by pharma business
  • Shipping line introduces rail transfer in the USA
  • "Curiosity of the Day"
  • Kerry appoints manager for Spain and Portugal
  • Panalpina betters bottom line
  • Drewry sees hope for post-Brexit Dover
  • MAB Kargo selects M&C as GSA in Australia

The Loadstarweb site
FEBRUARY 28, 2019
  • Panalpina reports mixed results and now eyes a push for growth via new portal
  • More empty containers going to Asia than loaded ones as tariff effect lingers
  • FedEx introduces its own robot solution for last-mile deliveries
  • Another year of double-digit growth for ATSG, but revenue loses some height
  • IAG Cargo revenue rises in 'a notable year' that also saw a dip in volumes
  • Interview: reduced airport costs and more intra-Africa trade the key for KQ
  • CommerceHub appoints Philip Hall MD of its European operations
  • Supply chain radar: United Panalpina executives ready to rock on
  • Supply chain radar: Xavier Urbain on life at CEVA post-IPO & CMA CGM - "the first year of a new company"
  • Supply chain radar: Panalpina top brass tries a masterstroke to challenge the FF industry majors
  • Supply chain radar: Panalpina results out - all quiet on the Western front

Marine Logweb site
FEBRUARY 28, 2019
  • Tidewater: Red ink quarter, red ink year, but cash flow positive
    Offshore services giant Tidewater Inc. (NYSE:TDW) today reportedrevenue for the three-months ended December 31, 2018, of $110.2 million and a net loss for the same period of $90.5 million (or $2.83 per
  • USCG releases photos of fire aboard icebreaker Polar Star
    U.S. Coast Guard Pacific Area today released photos taken when an incinerator room fire broke out on the USCG's only operational heavy icebreaker, Polar Star, 650 miles north of Antarctica. According to
  • German Naval Yards Kiel floats out LNG fueled research vessel
    German Naval Yards Kiel, has floated out Atair, the world's first LNG fueled research vessel, after a building period of 16 months. The 75 m vessel is being built for Germany's Bundesamt
  • ABS updates naval ships guide
    ABS has updated its Guide for Building and Classing International Naval Ships (INS Guide), expanding its guidance to strengthen safety and protection against a range of threats. "ABS is a world leader
  • Wärtsilä signs five-year maintenance deal with Saudi operator
    Saudi tug operator Marine Service Company Ltd (MSCL) has signed an optimized maintenance with Wärtsilä. MSCL operates four terminal escort tugs operating in the port of Rabigh, and the comprehensive maintenance planning
  • Plug-in hybrid power train includes Twin Disc solution
    The plug-in hybrid excursion vessel Enhydra, delivered to San Francisco's Red and White Fleet last September by Bellingham, Wash, shipbuilder All American Marine, features a BAE Systems HybriDrive. Builders faced the challenge
  • Lindblad orders another polar vessel
    Lindblad Expeditions Holdings Inc. reports that it has signed an agreement with Norwegian shipbuilder and ship designer Ulstein to build a new polar vessel. The state-of-the-art vessel will mark the next phase
  • Nichols Brothers starts construction of four for Foss
    Construction of the first of four Tier IV ASD 90 Tractor Tugs being built for Foss Maritime has begun with a keel laying ceremony held February 25 at Nichols Brothers Boat Builders

Lloyd's Listweb site
FEBRUARY 28, 2019
  • Fuels and finances to dominate carrier concerns
    Over-leveraged lines face pressure to ensure IMO 2020 tab is picked up by customers
  • Grindrod Shipping says trade woes threaten market confidence
    Grindrod Shipping also sees a positive impact from the implementation of the IMO 2020 regulations on the overall market as...
  • Belships appoints Skarsgård as chief executive
    Quarter saw merger between Belships and the Lighthouse companies, by way of a reverse acquisition within IFRS meaning, making precise...
  • BW LPG feels impact of impairments
    The Singapore-based tanker owner expects freight rates to increase in the short term as the cold US winter comes to...
  • Port Tampa Bay expansion plans draw criticism
    The US Army Corps of Engineers is evaluating the project, which aims to construct new deepwater berths, deepen existing berths...
  • Cosco Shipping signs collaboration deal with SIPG
    Agreement became effective on February 27 and will end on December 31, 2019
  • Pacific Basin is upbeat but points to future market volatility
    Supply is expected to be kept in check as many shipowners in our segments refrain from ordering new ships, Pacific...
  • Cosco Shipping names Wang Haimin as vice-president
    Wang, a leading figure at the parent company's liner shipping business, has been promoted to the new role and is...
  • Capesizes continue to suffer earnings erosion
    Capesize vessels are earning less than other dry bulk ship types, but there are optimists who say the market is...
  • Capesizes continue to suffer earnings erosion
    Capesize vessels are earning less than other dry bulk ship types, but there are optimists who say the market is...
  • Panalpina's ocean freight business weakens
    Panalpina's ocean freight volumes of 1.48m teu in 2018 represented a 2% drop year-on-year
  • Greek shipping tax expected to yield $86m annually
    Greek owners and government negotiate new voluntary 10% taxation on dividend payments
  • Box sector weakness pulls down MPC Container Ships
    Boxship tonnage provider racked up losses in the fourth quarter as geopolitics and economic sentiment turned negative
  • Viewpoint: No place like home
    There are some astonishing designs today including a fashion for perching the accommodation block on the bow, where it will...
  • Daily Briefing
    Open-loop scrubbers raise concerns in Europe | Scrubberless tankers may face accelerated fleet exit | Industry leaders warn on no-deal...

The Journal of Commerceweb site
FEBRUARY 28, 2019
  • APM: Fluidity near normal at NY-NJ terminal
  • Trans-Pacific reliability tumbles into new year
  • Port of Virginia expands reefer capacity
  • Trucker strife rears its head again in Brazil

TradeWindsweb site
FEBRUARY 28, 2019
  • Petronas eyes LNG bunkering facilities in China
    Aside from developing a regional LNG bunkering hub in Malaysia, the gas giant is looking at developing a market for the new marine fuel with local partners in China.
  • Grupo TMM reports big year-over-year improvement
    Mexican owner lets go of underperforming segment.
  • Frontline scouts for tanker deals with asset prices only going one way
    John Fredriksen's Frontline is scouting for tanker deals at a time it feels asset values are on the up. Frontline has not bought any ships from the market for more than two years and is set to take delivery of its final VLCC newbuilding in April. Frontline's tanker rate guidance shines amid fourth quarter profit miss Fredriksen's Ship Finance still gunning for growth after $1.2bn spree in 'jubi
  • Brightoil fleet faces mounting arrest fuel expenses
    Banks face hefty bill for detained tankers due to Hong Kong harbour's environmental rules
  • Petronas LNG floater heads to new home off Sabah
    Malaysia's pioneering floating LNG (FLNG) production unit is en route to a new location and is due to fire up again in May. Zamri Jusoh, the vice president of Malaysia Petroleum Management at state energy giant Petronas, said the company's PFLNG Satu stopped production at its original location in early January. Petronas reveals moves to break into regas sector Speaking to TradeWinds on the side
  • Lindblad returns to Ulstein for second cruiseship newbuilding
    New York-listed expedition cruise specialist closes in on making a profit, thanks to a 2017 tax break and higher revenue.
  • Preparing for an age of smart shipping
    Students across the world toasted their academic achievements this week, as the 2018 ICS examination results were announced for diplomas ranging from the basics of shipping to specialist knowledge for shore-based roles. Here are the latest exam results: Foundation diplomas Advanced diplomas PROFESSIONAL QUALIFYING EXAMINATIONS
  • LNG newbuilding orders for 2019 kick off on a high note
    Newbuilding orders for LNG carriers have started strongly in the first two months of the year. At least 13 vessels have been contracted at a time when shipyards are trying to push up newbuilding prices and charter rates have crashed back from the exceptionally strong levels seen in the fourth quarter of 2018. Bumper year for LNG carrier orders as 2018 tally passes 60 Seven of the vessels are n
  • Chinese buyer breathes life into VLEC newbuilding sextet
    Very large ethane orders at two yards live on but search for a shipowning partner continues
  • ExxonMobil makes formal approach to shipyards for eight-unit LNG carrier order
    ExxonMobil has made an approach to shipyards for a swathe of eight LNG carrier newbuildings. Industry sources following the LNG shipping sector said the US energy major is asking for delivery dates from the first quarter of 2022, which would mean orders would need to be placed this year. ExxonMobil makes early moves on LNG ship hunt They said the approach to shipyards has been made on a strict
  • UK seizure threat prompts tanker master to pay fine
    The captain and owner of a Russian tanker has paid a UK court fine after being threatened with a seizure of the vessel. Last June, master Vitaliy Trofimov was ordered to pay a total of £25,762 ($34,400) after pleading guilty to breaching the ISM Code at Hull Magistrates Court in a prosecution brought by the Maritime & Coastguard Agency (MCA). The case involved the 2,800-dwt Tecoil Polaris (built
  • Thoresen Thai turns red on OSV woes
    Offshore shipping struggles have pushed Thoresen Thai Agencies (TTA) to a loss in the fourth quarter. The bulker and OSV player said the net deficit to 31 December was THB 205.2m ($6.5m) against THB 253.9m in profit in the same period of 2017. Revenue amounted to THB 3.9bn, up 10%. The OSV division was hit by lower utilisation and a drydocking, it said. Over the whole year, bulkers logged thei
  • Skuld quits Lloyd's after losses
    Oslo-based insurer says it will put its hull, offshore and energy business fully into the corporate market.
  • Lindblad returns to Ulstein for second cruiseship newbuilding
    US owner Lindblad Expeditions Holdings has returned to Norwegian yard Ulstein for a second cruiseship. The company said the move would expand its National Geographic polar fleet to four ships. Ulstein is building the third of these for delivery in 2020. Lindblad Expedition returns to black The latest addition to the orderbook is scheduled for completion in the third quarter of 2021. It will b
  • Trump's wall looks shaky, but door open for China trade deal
    If the White House can declare 'victory' in its dispute with Beijing, liner operators can expect a boost in demand - and hopefully their results
  • Samudera fights to free bulker from arrest in Honduras
    Singapore's Samudera Shipping Line is fighting to release a bulker arrested in Honduras. The 57,400-dwt supramax Sinar Kapuas (built 2011) has been held since November due to a cargo claim by a local shipper, it revealed. "The effort to release the ship from arrest, involving the group, its lawyers and insurance company as well as the Honduran authority, is underway," it said. Samudera profit c
  • Awilco LNG cuts loss in record market
    Norway's Awilco LNG reduced its red ink as LNG carrier rates hit record levels in the fourth quarter. The company said vessel utilisation rose to 84%, compared to 70% in the preceding three months. Awilco LNG reveals sector consolidation talks Awilco cuts LNGC yard stay in booming market The net loss was $1.16m, against $4.52m in the same period of 2017. Finance expenses kept it in the red, b
  • Major owners: IMO turned shipping into a 'casino' and scrubbers now face their own 'Spanish Inquisition'
    The International Maritime Organisation (IMO) has bungled the introduction of low-sulfur fuels in a big way and carries much of the blame for shipping markets' downturn, shipowner Andreas Hadjiyiannis says. IMO calls for more studies on scrubber discharge "The IMO has done a terrible job -- it's a disgrace," said Hadjiyiannis, who is also the president of the Cyprus Shipowners' Union (CSU). It
  • Watch as Russian cargoship smashes into bridge
    A Russian cargoship has crashed into a Korean bridge head-on. Video footage shows a vessel named by local media as the 9,700-dwt Seagrand (built 1986) hitting the Gwangan span as it left Busan on Thursday. Cars can be seeing slowing down as it becomes apparent that the ship will hit the bridge. Some then cautiously drive on when it appears that the vessel has come off worse in the encou
  • Study commissioned into scrubbers' impact on marine life in Canadian waters
    Environmental group Clear Seas seeks to fill 'information gap' on IMO 2020 devices' effect on marine life
  • Berge Bulk set to scrap veteran VLOC amid dry bulk blues
    James Marshall's Berge Bulk is reportedly in the process of selling one of its ore carriers for scrap a time questions are being asked about the need to demolish large bulkers in a dire market. Fredriksen heads the field on newcastlemax bulker projects Diana Shipping inks Berge Bulk capesize charter Star Bulk Carriers sells oldest capesize vessel for scrap Sources say the world's fourth bigges
  • Subsea 7 lines up $200m buyback
    Oslo-listed OSV and subsea contracting group Subsea 7 has launched another $200m share buyback as the market outlook improves. The move to repurchase stock over the next two years also reflects the company's "strong financial and liquidity position," it said. Subsea 7 wins second BP contract worth up to $300m Subsea 7 completed a previous three-year $200m buyback earlier this month, It announc
  • Aframax contact closes bridge in US
    A US bridge was forced to close after being hit by the antenna of a tanker. The incident under the Huey P Long bridge in Elmwood, Louisiana, involved the 113,000-dwt aframax Clio (built 2008) on Wednesday, the New Orleans/Baton Rouge Steamship Pilots Association told WWL-TV. The span was closed for three hours, but only suffered superficial damage, according to the Causeway Police Department. T
  • Pacific Basin Shipping profit packs a punch
    Last year was the first time in almost half a decade Pacific Basinpaid dividends to its investors.
  • Pappadakis bulk carrier case put forward to Supreme Court
    Highest court in the US could judge whether $2.5m bond demand from the government was reasonable
  • Blast from the past as Vafias plots further growth with 'seasoned' partner
    Greek shipowner Harry Vafias has wound back the clock with a new joint venture targeting the LPG 'sector alongside a mystery investor. Vafias' StealthGas revealed this week that the partner had taken a 49.9% slice in two of its ships as a first step, with more purchases 'expected. StealthGas hatches new growth venture alongside mystery investor After the announcement, Vafias told TradeWinds the
  • Oil majors' LSFO patents raise fears over bunker supply
    Ship operators could be hurt by fallout of producers' rush to adapt to 2020 rules
  • Tallink turns red as revenue drops
    Estonian ro-pax group Tallink has posted a loss of EUR 1.8m ($2.05m) in the fourth quarter. This is down from a profit of EUR 1.1m in the same three months of 2017. It put the result down to falling revenue and a non-recurring cost from terminating a fuel tank rental agreement, plus the expense of listing on the Nasdaq Helsinki stock exchange. Revenue was down by EUR 6.3m to EUR 226.6m, drive
  • Impairments push Havila to $99m loss
    Norway's Havila Shipping has racked up a bigger loss in the fourth quarter after taking an impairment hit. The net deficit to 31 December was NOK 845.18m ($99m), from NOK 131.83m in the same period of 2017. Total hands back Havila PSV early The OSV owner took an impairment charge on fixed assets of NOK 708.7m, compared to zero last year, it said. Revenue grew to NOK 157.9m from NOK 139m year-o
  • American Shipping Company stays in black as Jones Act momentum continues
    Aker-backed American Shipping Company presented a positive picture for the Jones Act Market as it reported a stronger than forecast fourth quarter performance. American Shipping Company looks to amend $220m bond Jones Act players talk up market recovery as rates bounce back OSG extension of AMSC charters a "win-win" for both parties Oslo-listed American Shipping, which is looking to rejig a
  • Hanjin to relinquish control of yard group
    The Hanjin group looks set to lose control of shipbuilder Hanjin Heavy Industries & Construction through its debt restructuring. The yard company said in a filing on Thursday that it will cut its capital to KRW 72.7bn ($64.7m) from KRW 530.3bn as part of an effort to boost its finances. Exmar to move VLGC orders booked at Hanjin Heavy's Subic Hanjin strikes debt-swap deal for Philippines yard
  • New Performance Shipping makes fast swap of P&I club
    Renamed Diana Containerships switches club in an otherwise quiet renewal season, with Gard again emerging in pole position
  • Patjens scraps maxi-panamax as pressure builds on midsize boxship sector
    Ships head for beaches as idled 'classic' panamax fleet hits highest level in two years
  • Siem Offshore cuts loss and sees mixed fortunes for offshore market
    Vessel overcapacity is now the biggest obstacle to recovery, according to shipowner
  • Market waits on first dividend from ADS Crude Carriers
    Vintage VLCC scrubber play ADS Crude Carriers is expected to turn on the dividend tap in the first quarter after recording a modest profit in the closing quarter of 2018. Norway's ADS springs new VLCC venture with $58m placement Arctic Securities charts ADS Crude dividend potential The company, backed by John Fredriksen and Bjorn Tore Larsen, booked a profit of $2.1m for the final three months
  • Troim lines up $660m of Borr financing
    Tor Olav Troim-backed Borr Drilling is working on financing worth a total of $660m as its liquidity needs increase. The Oslo-listed rig company has so far this year secured additional cash consisting of a $100m revolving credit facility and a $60m credit line for issuance of guarantees with two international commercial banks. These mature in May 2020. Borr Drilling faces potential rig payment s
  • Frontline's tanker rate guidance shines amid fourth quarter profit miss
    Eye-catching rate guidance has overshadowed a weaker than forecast fourth quarter for John Fredriksen's Frontline. The tanker owner saw its profit lag market expectations during a resurgent fourth quarter for the freight market. While its VLCC performance lagged peers in the period analysts were encouraged by the strong bookings for the first quarter of 2019 and positive sector outlook. Fredrik
  • BW LPG books unexpected loss as spot VLGCs undershoot in weak fourth quarter
    Andreas Sohmen-Pao's BW LPG has fallen to a fourth quarter loss due to vessel impairments during a period its spot-trading vessels under-performed those of one-time takeover target Dorian LPG. The VLGC owner said the net deficit to 31 December was $34.1m, against a loss of $19m in 2017. An adjusted loss of $3m fell below the consensus forecast for an $12m profit during the quarter. Adjusted c
  • Maersk's zero carbon ambitions demand a revolution
    World's largest line has pledged to bold cuts in emissions, but it admits delivery remains clouded in uncertainty
  • Gazpromflot eyes business for newly arrived Kaliningrad FSRU
    Russia's Gazpromflot is looking for short-term charter business for its newly acquired first floating storage and regasification unit. Brokers have been reported as offering the 170,000-cbm Marshal Vasilevskiy (built 2018), which is stationed at the Russian exclave of Kaliningrad, out for charter. Gazpromflot FSRU berths in Kaliningrad with full cargo But the unit is expected to be only availab
  • Arkon Allied Container adds investors and boxships
    Chartering platform boosts growing commercial desk to about 100 feederships
  • Maran Gas makes LNG design switch as DSME decision looms
    Greek owner lifts fleet to 40 vessels and ditches second FSRU with what could be a last throw of the dice at DSME
  • Polaris Shipping recruits Pareto Securities and DNB as coordinators for Oslo listing
    South Korean bulker owner aims for an IPO in the Norwegian capital during the second half of this year
  • Global tensions widen loss at MPC Container Ships
    MPC Container Ships (MPCC) has blamed global tensions and tough shipping markets for a bigger loss in the fourth quarter. The Oslo-listed feedership player said its net deficit was $5.05m, against $2.19m in the same period of 2017. The expanded fleet of 69 ships brought in revenue of $52.5m, versus $13.18m the year before. MPC Capital takes $20m hit from rig write-down MPC Container Ships laun
  • Flex LNG fixes $250m of finance as profit jumps
    John Fredriksen's Flex LNG has revealed new financing of $250m as profit increased in the fourth quarter. Flex LNG to reap rewards of spot strategy The company said it had secured the debt from a syndicate of banks for two newbuildings delivering in 2019, Flex Constellation and Flex Courageous. The cash will partly cover the remaining $144m payable on the ships. The remaining balance is expecte
  • Jinhui Shipping ends 2018 in the red due to smaller fleet
    Disposal of four ships in first half of the year takes toll on fourth quarter performance.
  • Vitol and Grindrod disband tanker joint venture
    Duo to split Leopard fleet between them as shipowner also ends MR tie-up with Engen.
  • GTT: 2018 was "best year of the decade" for our core business
    LNG containment system maker bagged 50 new ship orders last year compared to 21 in 2017

American Shipperweb site
FEBRUARY 28, 2019
  • IMO 2020 mandate looms large for container industry
    Consulting firm says requirement to use low-sulfur fuel could raise costs by $10 billion for industry.
  • Expected U.S.-China enforcement framework laid out
    U.S. Trade Representative Robert Lighthizer said he's "not foolish enough" to think one trade negotiation with China will change all allegedly unfair commercial practices.
  • Chao: Streamline approval of road, bridge projects
    The transportation secretary's speech to AASHTO Wednesday followed remarks by Senate and House committee chairmen and ranking members on the federal infrastructure plan.
  • Roadrunner raises $450 million to speed up 'recovery'
    Simplification and improvement of capital structure will support long-term business plans, says the logistics and transportation company.
  • Retailers search for certainties in uncertain times
    Panelists at the Retail Industry Leaders Association's annual conference addressed port congestion, tariffs, low-sulfur fuel and China's economic initiatives.
  • FDA turns up focus on imported food safety
    The Food and Drug Administration has unveiled a plan to further enhance its safety oversight of imported foods through the Food Safety Modernization Act.
  • Trade advisory group may become 'incubator for new ideas'
    CBP Commissioner McAleenan said the advisory committee's Northern Triangle Working Group will tackle trade barriers in Honduras, Guatemala and El Salvador.
  • Panalpina reports growth in profits, air freight volume

The Bunker Bulletinweb site
FEBRUARY 28, 2019
  • Crude seeks next direction as market weighs lower US GDP growth against surging production
    The oil complex was treading water around even in midmorning trading Thursday as the market weighed signs of slowing US economic growth against record high production levels.
  • REFINERY NEWS: Greek Hellenic to reduce HSFO output, tests US crude ahead of IMO 2020
    Greek refiner Hellenic said Thursday that it "continues its preparation" for the marine fuel specification change in 2020 and has "successfully tested" new types of US crude at its Aspropyrgos refinery thus "further differentiating crude slate".
  • Anti-OPEC bill could drive up long-term oil prices: US Energy Secretary Perry
    US Energy Secretary Rick Perry said Thursday that anti-OPEC legislation getting renewed attention in Congress could have the unintended effect of spiking oil prices in the long term, the strongest comments against the measure on which the Trump administration has otherwise remained silent.
  • ARA diesel, gasoil stocks slip 0.8% on week on closed US arbitrage
    Diesel and gasoil inventories at the Amsterdam-Rotterdam-Antwerp trading hub were little changed over the past seven days, edging only 0.8% lower in the week that ended Wednesday to 2.406 million mt, according to data from PJK International released Thursday.
  • JAPAN DATA: US crude imports surge fourfold on year amid absence of Iranian oil in Jan
    Japan imported an average 131,146 b/d of crude oil from the US in January, up four times from 32,230 b/d a year ago as the East Asian oil consumer did not take any Iranian oil for the third consecutive month, according to data released Thursday by the Ministry of Economy, Trade and Industry.
  • ARA stocks fall 7% on week as fuel oil continues to flow out of region: PJK
    Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub dropped by 7% on week to 911,000 mt in the week to Wednesday, according to data from PJK International, as fuel oil products continued to leave the region.
  • HSFO in 2020 could contain 4.2% sulfur prior to scrubber treatment: Concawe
    The level of sulfur in marine fuel, before it passes through an exhaust gas cleaning system, or scrubber, could rise from current levels to 4.2% in 2020, an industry expert said Thursday.
  • External: Marine Bunkering(Rotterdam)B.V.
  • INTERVIEW: Sulfur, ballast water norms to boost tanker freight rates
    The upward impact on freight rates will be more evident in H2 2019 when crude shipments spike to meet additional demand, Leszczynski said.
  • US' World Fuel Services raises bunker capacity in Gibraltar ahead of IMO 2020
    WFS' new barges, dedicated to marine gasoil and ultra low sulfur diesel, offer the option for multiple product segregation, it said.
  • FUTURES: Crude mixed amid fall in US stocks, record production
    "This [draw in US crude stocks] was significantly larger than what the market was expecting," ANZ analysts said in a note Thursday.
  • S Korea, UAE sign preliminary deal for joint crude storage
    ADNOC also signed a formal contract with SK Engineering & Construction for a crude oil storage facility in the UAE.

›››File
FROM THE HOME PAGE
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
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
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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