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Independent journal on economy and transport policy
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BRIEFS
January 9, 2019
Sched Netweb site
  • APL introduces new CSX service linking four ports in the Philippines
  • ONE achieves record shipshore moves in Singapore
  • Growing protectionism major concern of Japanese shipping executives
  • NY-NJ port lengthens gate hours to handle backlog of holiday containers
  • US-Asia box space shrinks ahead of Lunar New Year
  • Shipping firm lands 'no-deal' Brexit ferry contract but has no ships
  • Box ships stranded for days at Indonesian terminal that lack capacity to cope
  • GAC wins 3 awards in the 2018 National Business Excellence Awards
  • SpiceJet starts daily air freight service from Guwahati, Kolkata to HK, Dubai
  • Air Charter Service sets new monthly revenue record in November
  • Founder of Southwest Airlines, Herb Kelleher, dies aged 87

Exim Indiaweb site
JANUARY 8, 2019
  • Freight derivative trade volumes up in 2018
  • BMCT welcomes first regular service call of HMM's CIX service
  • Deendayal Port & KICTPL create history in the new year by berthing the longest ever vessel
  • 'It is reasonable to expect 2019 to be a year of growth for the logistics & airfreight sectors'
  • Prabhu highlights benefit of extending interest subsidy
  • Power-packed event deliberates on the changing times in cargo & logistics

International Transport Journalweb site
  • Lithuanian forwarder to test CNG truck
  • SMEs to benefit from innovative e-commerce offer
  • Gianclaudio Neri heading up Ceva Italy
  • Rhenus acquires Core Management Logistics in UK
  • Contecon Guayaquil combatting carbon emissions
  • American Airlines beefs up Argentinean meat business
  • Shuttle to link Kiel-Norwegenkai and Hamburg-Billwerder
  • Share Logistics nets 25% of Asthon Cargo
  • Khryapov appointed CEO of United Wagon Company
  • Linking China and the Philippines
  • Expanding SF Airlines has hub plans for Chengdu
  • "Curiosity of the Day"
  • New York's shortline railway under new management
  • Facility for hazardous materials
  • Qatar Cargo adds second Mexican destination to transpac...
  • Sören Stark succeeds Thomas Stüger
  • MSC and Messina finally engaged

The Loadstarweb site
JANUARY 8, 2019
  • 2M announces blank Asia-Europe and transpacific sailings for Chinese New Year
  • Shippers hit in the wallet by rising cost of inland UK container transport
  • More questions raised over Seaborne's ability to operate Ramsgate ferries
  • IATA: air cargo volumes lost momentum towards the end of 2018
  • Founder Richard White's long way to the top at WiseTech
  • Fuel price spread sheds doubt on economic case for scrubbers
  • Top line growth the aim as John Pearson takes the helm at DHL Express
  • Supply chain radar: struggling with liquidity
  • Marine casualty claims specialist Victor Fenwick joins law firm HFW
  • LongRead: The pharmaceutical phenomenom sees another bumper year

Marine Logweb site
JANUARY 8, 2019
  • EC to investigate Fincantieri acquisition of Chantiers de l'Atlantique
  • ABS opens new state-of-the-art global headquarters
  • Huntington Ingalls announces executive changes
  • TEN says two 36 month charters will generate $33 million revenues
  • Vestdavit to supply davits for latest Esvagt windfarm SOV newbuilds
  • Deck carrier takes large loads from small ports through tight waterways
  • NASSCO-Norfolk gets $91.4 million Navy contract mod
  • BIMCO: China open loop scrubber discharge ban not yet total

Lloyd's Listweb site
JANUARY 8, 2019
  • Union calls for Brexit ferries to have UK crews
    Union sees the possibility of a World Trade Organisation-rules Brexit as an opportunity to boost employment in the UK
  • New York port authority completes rail link
    The Port Authority of New York and New Jersey said the opening of the rail facility would advance its strategic...
  • Gestioni Armatoriali restructuring deal completed
    Deutsche is understood to have purchased a $90m non-performing loan owed by Ravenna-based operator from fellow Germans Commerzbank in 2015...
  • London Gateway turns up Brexit heat to gas mark 5
    Former England rugby star Phil Vickery was joined by Michelin-starred chef Barry Vera, who went up against lorry driver Cliff...
  • New shipbroking venture launches in Singapore
    TCT Shipbrokers - as the new entity will be known - will in the first instance focus on containership and multipurpose vessel...
  • North's Dybedal to chair NSOCC
  • Hanjin Heavy yard in Philippines files for rehabilitation
    Total assets of the Subic-based yard stood at about $1.64bn
  • Crude tanker earnings fall amid Opec worries and oversupply
    There are around 18 newbuilds to be delivered in the first quarter of 2019, with 10 in January alone
  • MOL Chemical Tankers acquires Nordic Tankers
    Nordic Tankers will be renamed MOL Nordic Tankers A/S and all existing management and employees will remain in the company
  • Shipper survey reveals openness to rate premiums
    Sea-Intelligence compiled its findings via data from online freight platform Cogoport, assessing nearly 800,000 rate offers focused on the Indian...
  • Daily Briefing
    China bans open-loop scrubbers in ports | Green sheen dulls ship safety warns ICS | Lloyd's List Weekly Podcast |...
  • Fatal chemical tanker fire off Hong Kong
    The 17,500 dwt, 2010-built vessel is owned by Vietnamese firm Aulac Corporation
  • Singapore to trial methanol as ship fuel
    Singapore-based Nanyang Technological University and not-for-profit lobby group Methanol Institute are co-funding the project
  • Excelerate among bids for Philippines LNG terminal project
    Apart from the PNOC bid, Excelerate is the only company to be taking on the project on its own
  • Nanjing Tanker plunges on first relisting day
    The first delisted company in mainland China approved to return to the main board since Beijing resurrected the country's stock...
  • Sapura Energy wins contracts worth $185m
    The company expects to see higher utilisation of its assets with the new contracts as it gears up for long-term...

The Journal of Commerceweb site
JANUARY 8, 2019
  • US retailers tempering import plans
  • India's major ports dodge brunt of strike
  • Santos's Asia service shake-up worries shippers
  • Asia-Europe trade set for sharp capacity cuts
  • Shippers rush for LA-LB storage amid backlog
  • Tough road ahead for freight data standardization
  • 2M first with Lunar New Year sailing cuts

TradeWindsweb site
JANUARY 8, 2019
  • Canadian government to review emergency tug bids
    The Canadian government will review the procurement process for two emergency tow vessels after complaints by Heiltsuk Horizon Maritime. Nordic American Offshore's future unclear after merger with Horizon called off Tidewater inks long-term deal with Horizon Maritime The company, a partnership between the aboriginal Heiltsuk Nation and Horizon Maritime Services, alleged in August the government
  • Norwegian wins upgrade from Bernstein
    Shares for Frank del Rio-led cruise major have been taken to outperform on improved stability in 'uncertain' environment.
  • Crude tanker rates dropping, but not setting off alarms
    Crude tanker rates are dropping, but remain at a "healthy" level, analysts say. Spot charter rates have seen big drops from the two-year highs reached in late November and December - with suezmax rates falling by more than half - thanks to Opec production cuts and Saudi Arabia looking to further cut exports. The Baltic Exchange's assessment of time-charter equivalent rates for VLCCs, for example
  • Weighing up the pros and cons of shipowners' Xmas share buy-back spree
    The benefits of buy-backs are not clear-cut, says equity analyst, as market capitalisation, liquidity and volatility issues must be weighed against pure balance-sheet mathematics
  • Brussels raised competition fears around Fincantieri takeover of STX France
    EU competition watchdog to probe deal, says it could harm cruise ship market
  • Beijing to limit use of open-loop scrubbers in Chinese ECAs
    The world's largest maritime trading nation steps up preperations for the IMO 2020.
  • Oldendorff Carriers ships out brace of veteran vessels
    German bulker giant Oldendorff Carriers is selling its two oldest ships for further trading. Fredriksen heads the field on newcastlemax bulker projects Global bulker giant Oldendorff flourishes as S&P strategy propels growth The 77,000-dwt specialized selfunloaders Carol (built 1990) and Berni (built 1991) have been sold to an undisclosed Chinese owner for a land reclamation project. TradeWind
  • Big name trio join Baltic Exchange Council
    Guy Hindley, Denis Petropoulos and Andy James replace Lambros Varnavides and John Hadjipateras
  • Norwegian orders two ships for Oceania Cruises
    Frank del Rio-led cruise major will spend €1.15bn ($1.46bn) to launch both 1,200-guest vessels as part of new Allura Class focused on upscale market.
  • EU wants Italy, Spain to toe line on port tax
    The European Commission (EC) has proposed that Italy and Spain align their taxation of ports with state aid rules. In Italy, ports are fully exempt from corporate income tax, while in Spain, they are exempt from corporate income tax on their main sources of revenue, such as port fees or income from rental or concession contracts. The EC said this can provide them with a competitive advantage in
  • Fednav strives to stay ahead with next phase of newbuilds
    Canadian bulker owner joins forces with Japanese shipyards to develop 'generation four' vessels
  • Japan gives A-bomb certification to Korean yard workers
    A Japanese district court has awarded official certification as atom bomb survivors to three South Korean men who said they were forced to work at shipyards there during World War Two. The Mainichi daily said this appeared to be the first ruling of its kind. The men, now in their 90s, will be known as "hibakusha", due to being present in Nagasaki when the US dropped the bomb in 1945. The ruling
  • Late flurry lifts 2018 newbuild haul past 1,000 ships
    Newbuilding orders in 2018 snuck above 1,000 ships following a late rush of activity, according to data from Clarksons. Tanker spike keeps S&P at near record levels Bumper year for LNG carrier orders as 2018 tally passes 60 Samsung ends 2018 on a high with LNG carrier number 18 It counts 1,017 new ships contracted by the close of last year, down from the 1,155 vessels put in the book in 2017 b
  • Bondholders sue HSH over privatisation 'losses'
    German group alleges value of capital instruments depressed by lender ahead of sale to new owners.
  • Fincantieri and Scenic Cruises circle Uljanik
    Two potential buyers carry out due diligence on trouble Croatian yard group.
  • MOL suspends master after drinking reports
    Japanese company says it is conducting an investigation into captain's conduct on day of collision.
  • Hornbeck aims to swap $200m of notes for new loans
    Hornbeck Offshore Services (HOS) is trying to stretch its debt maturity by launching a new notes exchange offer. The US OSV player wants to swap up to $200m of its 5.875% bonds due next year for term loans expiring in 2025. Clarksons Platou: more OSV mergers on the horizon These will carry interest of 9.5%. The loans will be guaranteed by second-priority interest in the collateral securing the
  • Baillie Gifford takes even bigger position in Kirby Corp
    Scottish investment manager Baillie Gifford & Co has more than doubled its stake in Kirby. According to Securities and Exchange Commission filings, Baillie Gifford bumped up its position in the New York-listed, Houston-based offshore player to 12.84% from 5.25%. Kirby Corp scoops CGBM 100's fleet The firm now owns 7.7 million shares, up from 3.1 million. Kirby is one of two maritime companies
  • Sentinel Marine spending $46m on newbuildings
    Aberdeen owner Sentinel Marine is spending £36m ($46m) on three new emergency response and rescue vessels (ERRVS). An unnamed Chinese yard is building the trio, named Cromarty Sentinel, Trafalgar Sentinel and Viking Sentinel. The move creates 80 jobs for the owner. The vessels will be delivered by the end of 2020. Rory Deans, chief executive of Sentinel Marine, said: "This is a speculative inv
  • Canadian niche player McKeil Marine moves into tankers
    Ontario company reported to have bought vessels from Turkey's Transal
  • Goldenport Shipmanagement returns to Cosco for pair of ultramax bulker newbuildings
    Dragnis family books two vessels at Chinese giant's Yangzhou yard
  • Clarksons shares continue 2019 rebound after Pre-Close trading update
    Shipbroker sees stock price recovery extended after trading update this morning.
  • Tanker owner Uljanik seals $25m loan
    Croatian owner Uljanik Plovidba has signed a $25m loan deal to refinance previous debt. An unnamed overseas lender is providing the cash to pay off loans linked to vessels, it told the Zagreb stock exchange. In November, the company said it had arranged more refinancing to lower its costs. It added that remaining funds needed to refinance an existing facility would be secured from alternative s
  • Tanker FFA volumes up 20% in 2018
    Tanker forward freight agreement (FFA) volumes jumped 20% in 2018, according to Baltic Exchange figures. Derivative volumes hit 321,962 lots last year, it said, while the bulker figure was up 1.4% at 1,196,929 lots, the most since 2008. Dry options volumes rose by 44% to 268,976 lots - similar levels to 2016. A lot is defined as a day's hire of a vessel or 1,000 metric tonnes of cargo. Panamax
  • Drugmaker drops oil trading business after six months of massive losses
    Less than six months after entering the business, Vistin Pharma is closing its energy trading operation after racking up almost $12m in losses. IMO 2020 focused trading fund suffers major loss Shipping leaders start countdown to IMO 2020 The Norwegian drugmaker, which specialises in producing diabetes medication, started its oil trading operations in September 2018. The unit aimed to take adva
  • Clarksons Platou: more OSV mergers on the horizon
    Analyst tips Tidewater, Scorpio and Harvey Gulf to be active in 2019.
  • MOL Chemical snaps up Nordic Tankers from private equity owner
    Deal with Triton creates 75 ship chemical tanker vehicle.
  • Tufton Oceanic Assets plans C shares conversion as growth efforts accelerate
    Move comes after capital raised in October has been largely invested.
  • James Fisher takes over UK and Saudi companies for $17m
    UK tanker and marine services group James Fisher is expanding again with takeover deals worth £13.1m ($16.7m). It has agreed to buy 100% of Martek Holdings in the UK and 60% of Saudi firm Murjan Al-Sharq for Marine Contracting (MSMC). Martek is costing '9m, with another '1m potentially due depending on profit targets for the year ending 28 February 2020. It was founded in Rotherham in 2000 and
  • JJ Ugland: 2018 a better year after bulker boost
    Private Norwegian shipowner JJ Ugland has enjoyed a stronger 2018 after bulker markets improved. It said that following two years of imbalance and weak shipping markets, conditions came closer to a balance last year. "Overall, 2018 has been better for us than the previous two years," it added. The sector showing most improvement was the dry cargo market, where stronger rates paved the way for a
  • Diligent Holdings ups ante in supramax market with Queen
    Greece's Diligent Holdings has added a fourth supramax to its steadily growing fleet, a year after entering the segment. The 58,100-dwt Queen Halo (built 2010) joined the company's fleet last month under its new name Queen, Equasis shows. Brokers had reported the vessel's sale last October for about $15.3m, but the identity of its buyers was not revealed at the time. Supramax purchase shows in
  • Z&G Halcoussis emerges with Densan supramax bulker
    Traditional Greek company makes its first sale-and-purchase move in five years
  • Tanker scrapping hits highest level in over 30 years
    VLCC and aframax segments proved most active as cash buyer GMS puts total demolition value in South Asia alone at $1.5bn
  • Former CSIC exec Sun Bo arrested in China
    Ex-China Shipbuilding Industry Corp (CSIC) executive Sun Bo has been arrested in China on suspicion of bribery and abusing powers. The Xinhua news agency cited the Supreme People's Procuratorate as saying that the former general manager and deputy chief of the leading Party members' group at CSIC was held after the completion of a probe by the National Supervisory Commission. The case has been h
  • Hanjin yard files for rehabilitation in Philippines
    Korea's Hanjin Heavy Industries & Construction (HHIC) has said its Philippines shipyard has filed for rehabilitation. In a regulatory filing, the shipbuilder said HHIC-Phil, which operates the Subic yard, will carry out an insolvency scheme. Orders have been tailing off as owners remain cautious on newbuildings in most sectors. The yard was founded in 2004 and has 16 vessels - 14 aframaxes and
  • One dead as chemical tanker suffers explosion off Hong Kong
    Authorities say police craft, fireboats and government helicopter deployed in rescue effort.
  • Panama Canal trims one foot off allowable transit draft
    Authority says ships exceeding new requirements may be forced to off-load cargo to pass.
  • POSH picks Contractor to lead subsea division
    Former Kreuz Subsea chief executive rejoins industry with role at Robert Kwok-backed outfit.
  • Borneo Bulk crew sends SOS to ITF over abandonment
    Crew of Malaysian-owned general cargoship seek to secure back pay
  • EU urged to include Indian subcontinent recyclers on approved list
    As updated list of approved EU recyclers kicks in, top names push Brussels to judge applicants on merit and not location

American Shipperweb site
JANUARY 8, 2019
  • Commentary: OTI licenses frozen by shutdown
    Newly minted entities that had hoped to begin offering forwarding and NVO services at the start of 2019 are stuck until the FMC can resume issuance of licenses.
  • Number of containership fires is 'shocking'
    Allianz consultant is concerned that risk is being normalized in the shipping industry.
  • Union Pacific stock climbs with COO announcement
    Jim Vena, a 40-year veteran of Canadian National, is joining the U.S. railroad on Monday.
  • Port Jersey rail facility opens to fanfare
  • Executive Moves: ProTrans and GTMaritime
  • OIA Global hires former TRAC CEO
  • Retail imports level off after rush to beat tariffs
  • Executive Moves: Poseidon and ITOPF

The Bunker Bulletinweb site
JANUARY 8, 2019
  • Sanctions-hit Iranian crude output lowest since Jan 2014: Platts OPEC survey
    OPEC crude production in December tumbled month on month
  • OPEC cuts, US-China trade talks empower oil bulls
    Crude futures settled higher Tuesday
  • Bosporus reopens after being closed by snow: sources
    The Bosporus reopened to southbound vessels Tuesday afternoon after being shut
  • US weighs Venezuela sanctions as output forecast to fall below 1 mil b/d
    The US issued new Venezuela sanctions Tuesday ahead of the inauguration of President Nicolas Maduro
  • Wood Mackenzie sees buoyant North Sea exploration, M&A prospects
    The North Sea oil industry is set for a recovery in exploration drilling and healthy levels of mergers and acquisitions this year
  • Fuel oil traders lease storage in NWE to secure tankage before IMO 2020
    The softening backwardation in the Northwest European fuel oil market has begun to make traders inquire and obtain storage tanks' contracts in the region
  • FUTURES: Crude strengthens on trade talks progress, weaker dollar
  • NWE fuel oil sinks to negative territory on ample cargo availability
    The 3.5% FOB Rotterdam barge physical to paper fuel oil structure has softened
  • REFINERY NEWS: Sweden's Lysekil operating normally after glitch resolved: sources
  • Bosporus Strait shut due to heavy snow: sources
    The Bosporus Strait -- linking the Black Sea and the Sea of Marmara -- had been shut as a result of heavy snow
  • Nigeria's NNPC says on course to end gasoline imports by end-2019
  • External: Marine Bunkering(Rotterdam)B.V.
  • OUTLOOK 2019: Growing LNG marketplace to drive spot shipping rates in 2019
    For 2019, the spot market will be equally strong or even stronger than what we have seen in 2018

›››File
FROM THE HOME PAGE
New logistics hub in London to boost rail freight through the Channel Tunnel
London
An investment of around £15 million is expected
Jeremy Nixon will hand over his position as CEO of Ocean Network Express to Till Ole Barrelet on July 1st.
Singapore
The German manager comes from Emirates Shipping Lines
The first three electric gantry cranes have been installed at the new intermodal terminal in Milan Smistamento.
Milan
At full capacity it will be able to handle up to 44 trains per day
Hong Kong government protests PPC's removal from Panamanian ports
Hong Kong/Beijing
Beijing government spokeswoman stressed that China will firmly protect the rights and legitimate interests of its companies.
European transport associations call for the CEF to be allocated at least €100 billion
Brussels
Chronic underfunding and financial shortfalls are lamented
The Panamanian government assigns the transitional management of the port of Balboa to APM Terminals and the port of Cristóbal to TiL
Hong Kong/Panama
CK Hutchison Holdings denounces the illegality of the terminal seizure and confirms the possibility of legal action.
Panamanian government seizes assets and equipment at the ports of Balboa and Cristóbal
Panama
The Panama Ports Company of the CK Hutchison group has been removed from the management of the two ports
Statement by rail and intermodal transport associations against gigaliners on European roads
Brussels
The current positions of the EU institutions - they denounce - all include elements that risk opening the door to a widespread diffusion of these vehicles.
The mandate of the EuNavFor Aspides mission has been extended until 28 February 2027.
Brussels
A budget of almost 15 million euros has been approved
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
Madrid
Santana: We believe that some aspects of the ETS should be monitored and, where necessary, revised.
Tidewater acquires Brazil's Wilson Sons Ultratug Participações for $500 million.
Houston
It has a fleet of 22 Platform Supply Vessels
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Washington/Suitland
An executive order confirming the suspension of the "de minimis" regime was also signed.
Slight growth in freight traffic in the port of Ancona in 2025
Ancona
Rolling stock slightly down. Passenger numbers significantly down.
Construction of the cruise terminal at Molo San Cataldo in Taranto will begin in October.
London
Global Ports Holding invests over €4.5 million
One dead and four injured on board the cruise ship World Legacy (formerly Moby Zaza )
Singapore
A fire broke out on the unit
SBB CFF FFS Cargo has sold 31 locomotives to Nordic Re-Finance
Bern
The Swiss company plans to equip itself exclusively with vehicles produced by Stadler Rail Valencia by 2035.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Hamburg
Containers boosted the growth. Volumes remained stable in the fourth quarter alone.
In the fourth quarter of 2025, the DFDS Group recorded a net loss of DKK -286 million.
Copenhagen
Last year, cargo traffic in Montenegro's ports grew by 1.6%.
Podgorica
Cargoes to and from Italy alone increased by +64.6%
To APM Terminals the 37.5% of the Southern Container Terminal of the port of Jeddah
The Hague/Dubai
DP World will keep the remaining 62.5%
Continues the bending of the traffic of the container in the port of Los Angeles
Los Angeles
In January decrease of -12.1%. Bown: the state of exports to China seems bad
In the fourth trimester of the 2025 the traffic of the goods in the port of Civitavecchia is increased of +8.6%
Civitavecchia
In the whole year growth was +3.1%
Samskip sells marine and logistic services with the United Kingdom and Ireland to the CLdN
Luxembourg/Rotterdam
The agreement includes rental agreements for over 5,000 multimodal load units
The Antitrust has reopened the procedure on the concentration between the Ignazio Messina & C. and the Terminal San Giorgio
Rome
The International Chamber of Shipping against the new harbour taxes programmed by the US government
Washington
Necessary - the association emphasizes - carefully coordinated political solutions
Norwegian Cruise Line Holdings orders three new ships from cruise to Fincantieri
Miami/Trieste
They are destined to the companies Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises
Hapag-Lloyd and ZIM agreed on a merger agreement
Haifa/Hamburg
The German company will pay up to $2.5 billion
America's Maritime Action Plan proposes a new tax on foreign-built ships from any nation entering U.S. ports.
Washington
It would be used to fund the new Maritime Security Trust Fund
Hapag-Lloyd to acquire Israeli ZIM
Hamburg
The German company will be responsible for international operations, while those in and with Israel will be assigned to the Tel Aviv-based private equity firm FIMI Opportunity Funds.
Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement
Dubai
It Kazim appointed president and Yuvraj Narayan managing director
Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven
Bremen/The Hague
CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa
Hong Kong
Tomorrow will be inaugurated the new container terminal of transhipment of Damietta
Bremen/Melzo
Its ability to annual traffic will rise up to 3,3 million teu
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.
Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port
Geneva
It occupies an area of over 100 thousand square meters
Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics
Rome
Monthly gross earnings increase at 750 Euros in three tranche
Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management
Sydney
It was unanimously approved by the Australian logistic group Cda
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Livorno
Livorno Reefer to acquire stake in CSC
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
ICS has published its periodic analysis of flag state performance
London
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
››› Meetings File
PRESS REVIEW
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
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