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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
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
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
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
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
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
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
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
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 public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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