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01 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
May 10, 2019
Sched Netweb site
  • APL boosts Japan Thailand Vietnam Service with three additional calls
  • Cosco to acquire four container making units from PIL's Singamas
  • Hutchison's BEST terminal in Barcelona boosts storage capacity
  • Global Ship Lease charters two 8,677-TEUers for five years to MSC
  • FMC doubts overcapacity or IMO 2020 will cause carrier bankruptcies
  • Scrubber lobby wins OK for open loop from 20 world port authorities
  • US$4m fine for oil-contaminated ballast water discharge in Texas
  • HK will remain a global aviation hub in Greater Bay Area over rival Shenzhen
  • Amazon's 1-day delivery seen as Big Bang that redefines e-commerce
  • June date for Cargolux's beluga whales flight from China to Icleand

Exim Indiaweb site
MAY 9, 2019
  • A. L. Logistics Nepal completes two years of successful operations
  • Britannia becomes first P&I Club to be accepted as member of Maritime Anti-Corruption Network
  • Enforcing speed limits on ships to reduce carbon emissions is not the solution, says UK Chamber
  • Hapag-Lloyd records significantly higher operating profit in Q1 2019
  • Liquid & bulk transportation vessels market poised for rapid growth by 2024, says research
  • India & China sign protocol for export of Indian chilli meal
  • India projected to see rising steel imports
  • China's containerised exports up 4.9 pc in first quarter
  • ECTS at Kolkata Port does away with Customs' check of Nepal's third-country imports
  • PSA & SATS ink MoU to promote Singapore as key multimodal transport hub
  • Bumi Armada's Indian joint venture SPBAG bags $2.1 bn FPSO contract from ONGC
  • Trump's tariff threat to China adds to risk of global recession, say analysts

International Transport Journalweb site
  • New bimodal service between Germany and Romania
  • Belarus thrusting on with rail electrification scheme
  • Noatum Logistics expands its network in Spain
  • Kerry Logistics appoints Martin Stoekenbroek
  • A new tool to prepare the testing of ballast water
  • B767 operations keep ATSG flying high
  • China - Finland rail service soon to be weekly
  • Ceva Logistics signs deal with Lush in UK and Ireland
  • Ocean's new Asian service calls at Hamburg
  • Finnair Cargo continues to report double-digit growth
  • Etihad Cargo boosts commercial organisation
  • Freight accounts for 14% of Emirates' total revenue
  • Hoyer to double its investments in 2019
  • "Curiosity of the Day"
  • BBC Chartering picks Ulrich Ulrichs as CCO
  • Temperature-controlled train delivers fresh Spanish goods
  • PSA to build in Halifax and Pennsylvania

The Loadstarweb site
MAY 9, 2019
  • $150m profit turnaround for Hapag-Lloyd in Q1, 'but Q2 will be tougher'
  • Singapore's SATS and PSA link up to offer 'unique air-sea multimodal connectivity'
  • 'Really weak' final quarter keeps Emirates SkyCargo annual results grounded
  • Hamburg disappoints again as other HHLA box terminals enjoy strong Q1
  • Cargolux taking a less-turbulent route to a more stable and sustainable era
  • Speed reduction plan favours old, inefficient ships, says Maersk
  • Market Insight: A PIL takeover by Cosco or CMA CGM? 'It's not going to happen, end of the story'
  • XPO was poised for blockbuster buy to double its size
  • Supply chain radar: Hapag-Lloyd - once near death, now closer to financial heaven

Marine Logweb site
MAY 9, 2019
  • Ultrasonic anti-fouling system gains ATEX certification
    Coventry, U.K., headquartered NRG Marine Limited reports that its Sonihull ultrasonic anti-fouling system, has just been certified to be in compliance with the EU's 94/9/EC ATEX directive, the regulation covering equipment intended
  • Navis updates dangerous goods module of loading computer software
    Oakland, Calif., headquartered Navis has announced an upgrade to the dangerous goods (DG) module of its MACS3 loading computer software to comply with the latest update of amendment 39-18 to the International
  • DOF Subsea books North Sea contracts
    Bergen, Norway, headquartered DOF Subsea, a subsidiary of DOF ASA, reports that it has recently secured several new contracts for projects to be carried out over the next few months in the

Lloyd's Listweb site
MAY 9, 2019
  • Seanergy Maritime raises $14.3m but share price dented
    Greece-based Seanergy has granted Maxim Group, the offering underwriter, an option to purchase up to an additional 630,000 shares or...
  • Diana Shipping posts profit but is downbeat on 2019 market prospects
    New York-listed owner of 45 bulkers turns in positive first quarter, reversing loss of a year ago, and says that...
  • Ruling confirms vessels held by pirates go off-hire
    'Capture does not necessarily connote the use of force. Unoccupied land or undefended goods may be captured. My wife may...
  • Effective decarbonisation of shipping
    Legislators should realise that slow steaming is not a viable transport solution
  • China's soyabean imports at risk from US trade battle
    Higher volumes moving to China in April, with some shipments delayed from March, attributed to Value Added Tax change
  • Sri Lanka's Hambantota International Port - Gateway to the sub-continent
    Hambantota International Port (HIP) is the latest addition to Sri Lanka's network of harbours, currently being developed in different parts of the...
  • Euronav chief sees speed limits as short-term emissions solutions
    Hugo De Stoop says the controversial measure will be effective in combatting emissions and will not increase tonnage supply
  • Protectionism hurts major steel exporters
    WoodMac analyst warns that trade protectionism is no panacea and host countries can only avert pain in the short run
  • PSA International ties up with Singapore airport operator
    Trade promotion body Enterprise Singapore facilitated the multimodal transport collaboration between the two companies which both have significant shareholdings by...
  • ICTSI improves on higher volumes
    New service wins and the ramping up of existing terminals drive volume and revenue increases for terminal operator
  • Genco reports significantly lower losses
    The New-York based company will be sending 16 vessels for drydocking in the second quarter
  • Wilhelmsen suffers sharp drop in quarterly profit
    All main operating entities continued to deliver positive results, says chief executive Thomas Wilhelmsen
  • HHLA hails 'successful' start to year
    Hamburg terminal operator gets boost from logistics and property management as container volumes slip
  • Hapag-Lloyd posts strong first quarter on higher volumes
    Hamburg container carrier reverses last year's first quarter loss and posts healthy increase in revenues
  • Viewpoint: Let the stores go through
    The draconian measures put into place after 9/11 around port security are now being too strictly imposed by jobsworths to...
  • Daily Briefing
    VLCC rates tank on sanctions | Maersk warns speed limits will slow decarbonisation progress| Spotlight on salvage
  • POSH sees steady pick-up in vessel utilisation but widens first-quarter loss
    New chief executive Lee Keng Lin is encouraged that new businesses in the subsea and renewables segments are already gaining...

The Journal of Commerceweb site
MAY 9, 2019
  • DP World to buy Vancouver's Fraser terminal
  • Pact aims to speed Singapore sea-air connectivity
  • NY-NJ port moves to improve weekend productivity
  • New service fueling Savannah port's reefer growth
  • Emergency bunker fuel surcharges returning
  • US retailers signal strong imports despite tariff threats
  • Trans-Pacific carriers secure higher service contract rates
  • Blockchain's potential to avoid freight factoring
  • Will domestic intermodal contract pricing hold?
  • Analyst: Asia-Europe capacity set to outstrip demand

TradeWindsweb site
MAY 9, 2019
  • Marco Polo Marine continues to post red ink
    But Singapore offshore company expands drydock capacity in anticipation of increased work.
  • Seaspan downgraded after reaching fair value
    Jefferies analyst Randy Giveans keeps $10 price target for Bing Chen-led boxship player.
  • Pioneer Marine posts higher profit amid dry bulk woes
    Torben Janholt-led bulker owner used 'good chartering strategy with foresight' to navigate troubled market.
  • Cheniere LNG export capacity pushes profit
    Cheniere Energy Partners beat Wall Street expectations in the first quarter, thanks to higher LNG exports from its Sabine Pass terminal. The Houston-based company posted $385m in profit for the first three months of 2019, good for $0.75 per share and considerably higher than the $0.56 consensus forecast. Novatek advances Arctic LNG 2 project before taking FID The profit is a growth of $50m year
  • Diana Shipping returns to profit
    Simeon Palios-led bulker owner takes in more revenue off a better market but misses Wall Street consensus.
  • Clarksons plots pay review after 2018 packages squeeze through vote
    Clarksons investors have voted through the closely-watched pay packets of the company's top executives by the narrowest of margins today. The number of shareholders opposing the remuneration of chief executive Andi Case and finance and operations chief Jeff Woyda has been growing during the past few years and today's backlash was the largest seen so far. Only 51.49% of votes cast at today's annu
  • Skuld posts a profit despite challenging environment
    Diversification helps Oslo-based mutual overcome soft P&I rates, falling investment returns and rising claims
  • Dof Subsea wins North Sea work for the summer
    Dof Subsea has signed new frame agreements for work in the North Sea, which the company said will secure utilisation of around 100 vessel days. The pacts have a combined value of around NOK 80m ($9.1m) and comprise inspection, repair and maintenance (IRM) and survey work. Dof vessels win new contracts in Norway and Scotland Tax gain cuts loss for Dof as PSVs improve "The award of these contrac
  • GC Rieber reveals buyer of Ernest Shackleton research vessel
    GC Rieber Shipping has completed the sale of its icebreaking research vessel Ernest Shackleton (built 1995). The buyer has been revealed as Italy's Istituto Nazionale di Oceanografia e di Geofisica Sperimentale (OGS), the seller said on Thursday. GC Rieber to sell Antarctic survey ship No sale price has been disclosed but GC Rieber said it expects a positive cash effect of around NOK 140m ($16.
  • China Changjiang National emerges as buyer of Densay Shipping supramax duo
    China Changjiang National Shipping (Group) Corp has purchased two of its biggest bulkers yet, emerging as the owner of a supramax duo that Turkey's Densay Shipping sold around the turn of the year. Equasis shows the 57,000-dwt sisterships SSI Invincible and SSI Expedition (both built 2010) are now under the control of the Wuhan-based company. The SSI Invincible has been renamed Chang Hang Zhuo Ha
  • H-Line Shipping spends over $100m on bulker newbuilds at New Times Shipbuilding
    South Korean shipowner said to be exercising options against contracts of affreightment to Brazil's Vale
  • Star Bulk pushes back on Wells Fargo governance downgrade
    Hamish Norton says inherited related-party management issues are different to CEO conflicts with private firms
  • Novatek advances Arctic LNG 2 project before taking FID
    Russia's Novatek is moving forward on its plans to build its $21bn Arctic LNG 2 project by firming up its choice of shipyards and tank builders for a series of five huge gravity-based structures (GBS) that will house its liquefaction facilities. Those following the project closely said the energy company is expected to conclude agreements by the end of this month or in early June with five Chines
  • Paolo d'Amico watching product tanker period market as rates get 'interesting'
    Shipowner Paolo d'Amico is keeping a watchful eye on the product tanker period market at a time charterers are showing an increased appetite for tonnage. The d'Amico International Shipping chief executive is planning to have two thirds of the company's fleet trading spot ahead of IMO 2020 before locking in extra cover. Paolo d'Amico 'extremely worried' about fuel compatibility under IMO 2020 P
  • Bimco signs up Elena Tassioula as Athens manager
    Owners' organisation Bimco has appointed a manager for its new office in Athens. Elena Tassioula will be tasked with engaging with current members in the city and growing the membership in Greece, it said. "I'm very pleased that Elena will be joining our team. She has worked in shipping, but she also has experience from other industries, and that will enable her to look at how we do things with
  • Amazon and other shippers oppose slow-steaming
    The Coalition for Responsible Transportation (CRT) is opposing new proposals to enforce slow-steaming for ships through the IMO. The US-based organisation, which includes shippers like Amazon, supports green house gas (GHG) reduction goals but feels speed reductions should be voluntary. Slow-steaming on back burner as IMO targets cuts to GHG baseline Slow-steaming gives rise to unlikely NGO-own
  • Seanergy Maritime prices offer to raise $14.3m
    Greek bulker owner Seanergy Maritime Holdings has priced a stock offering to raise $14.3m. The Nasdaq-listed company said it will sell 4.2m units at $3.40 each. Each unit consists of one common share and two warrants to buy two mores shares. The company intends to use the net proceeds of the offering for general corporate purposes. Maxim Group is acting as sole book-running manager. Seanerg
  • Overseas Shipholding Group sees less profit
    Sam Norton-led tanker owner's revenue falls on lower rates, less ships on the water.
  • International Seaways back in profit during first quarter
    International Seaways swung back into the black in the first quarter following the Wall Street script. Greek shipowners turn to Chinese shipyards for aframax tanker newbuildings International Seaways' eyes open to tanker and LNG growth says Lois Zabrocky New York-listed International Seaways banked a profit of $10.9m for the opening three months of 2019, flipping from a loss of $29.3m a year a
  • Cosco executive expects mega-containership trend to halt
    China Cosco Shipping, one of the world's largest container carriers, has forecast a halt to the trend of ever-growing boxships because many ports are feeling the pressure from handling mega-ships operationally. According to Chinese media 21st Century Business Herald, the state conglomerate's executive vice-president Yu Zhenggang said there would be increasing concerns from industry players over t
  • Ice upgrade pays off for Viking Supply Ships
    Sweden's Viking Supply Ships has benefited from an upgrade to one of its anchor-handlers in the first quarter. The debt-free company, controlled by Norwegian investor Christen Sveaas, said the 19,034-bp Loke Viking (built 2010) was docked to become an ice-class 1A-super ship this year. Viking Supply to be debt-free as it cuts loss It is now mobilising to start a new contract this month, support
  • Prelude FLNG's first cargo watch starts with LNG carrier in line to accept debut loading
    Vessel trackers on alert after energy major Shell says an LNG cargo will leave the Aussie floater this quarter
  • Hugo De Stoop plans to follow shipping's Arsene Wenger by remaining 'close to the action'
    Paddy Rodgers compared himself to ex-Arsenal Football Club boss Arsene Wenger when he revealed his decision to resign as Euronav chief executive in February. New Euronav boss Hugo De Stoop connects to company's roots and future challenges Outspoken Rodgers to quit Euronav, work for safety Crude tanker asset prices 'too elevated' for takeovers, says Euronav chief executive "You go to Burnley
  • New Euronav boss Hugo De Stoop connects to company's roots and future challenges
    A personal note of congratulations from Greek shipowner Peter Livanos was delivered to Hugo De Stoop soon after he was named as the new chief executive of Euronav in March this year. De Stoop was deputy chief financial officer of Euronav back in 2005, when what was then an eight-tanker company merged with Livanos outfit Tanklog. Crude tanker asset prices 'too elevated' for takeovers, says Eurona
  • Britannia claims anti-corruption first
    Britannia has becomes the first P&I club to be accepted as a member of the Maritime Anti-Corruption Network (MACN). The organisation was set up in 2011 by a group of maritime companies committed to eradicating the industry of all forms of corruption. Britannia gains licence to underwrite business in Singapore It has more than 100 members, representing a sizeable percentage of the global fleet,
  • 'Manageable' orderbook can prevent 'big crisis' in container shipping, says Hapag-Lloyd
    A big crisis in the containership market can be avoided given the present newbuilding backlog, Hapag-Lloyd believes. The boxship orderbook relative to the trading fleet has fallen steadily during the past decade and Hapag-Lloyd is more positive than some peers in its outlook. Hapag-Lloyd swings cost axe as it sets out new strategy Hapag-Lloyd records strong start and sticks with positive full-y
  • Fleet investment widens first-quarter loss at Tallink
    Tallink Grupp's net loss for the first quarter has widened by almost 30% compared to a year ago, despite cargo volumes increasing during the low season. Tallink Grupp orders $281.3m LNG-powered ferry from Rauma Marine Measles alert for passengers on Tallink ro-pax The Baltic Sea ferry company posted an unaudited net loss of '25.3m for the quarter, compared to a loss of €19.6m during the same p
  • Hartland Shipping predicts signs of recovery by summer
    UK broker says low orderbook, IMO rule changes and rising demolition rates will lift all segments
  • UK shipping minister urges focus on skills, diversity and welfare
    Nusrat Ghani reveals that government will publish a "People Route Map" in mid-year to chart the course for its Maritime 2050 vision
  • Palmali's Mansimov threatens critics with 'boomerang'
    Azerbaijani tycoon Mubariz Mansimov has hit back at the "lies" of critics of his Turkish tanker company Palmali Shipping. The shipowner said the company does not work with sanctioned countries. Four Palmali tankers join new owners after auction Palmali to fight Russian bankruptcy ruling He was cited by Turkish and Russian media as saying: "The size of the investment of our company for some rea
  • Elias Kulukundis considers buying more Belships shares
    Sale of bulker Sephora to the Norwegian company gives the Greek shipowner a stake in Belships of just under 5%
  • Remi Maritime-managed supramax bulker set for auction in Greece
    A Remi Maritime-managed supramax arrested by the National Bank of Greece over outstanding debt is scheduled to go under the hammer in the country next month. It is the latest in a string of moves by Greece's ailing lenders to clean up their portfolios. The 57,000-dwt Blue Cat (built 2009) will be sold in an electronic auction on 5 June, according to a document posted last week on an official Gre
  • DFDS posts profit but counts the cost of expansion
    The cost of ramping up its activities in the Mediterranean has caused DFDS' profit to shrink during the first quarter, despite a strong North Sea market. Net profit after tax was DKK 120m for the period, down by almost 25% from the DKK 158m posted in the first quarter last year, the company's financial report shows. DFDS full-year results reach 'all-time high' CEO Smedegaard quits DFDS after 12
  • Commerzbank cuts shipping book to 38 vessels
    Germany's Commerzbank is getting closer to exiting shipping finance for good. It said its vessel finance portfolio contracted to around EUR 300m ($335.65m) in the first quarter. By the end of the period, this volume related to only 38 ships. In 2018, the lender offloaded EUR 5.1bn of legacy loans as its shipping book dwindled. Deutsche Bank calls off Commerzbank merger Commerzbank sheds $5.75
  • Savage and underwriters sue Wartsila over tanker fire
    A US shipowner is suing Finnish technology group Wartsila for negligence after a fire on a molten sulphur carrier. Savage SE Operations and its overseas underwriters have filed a suit in the US district court in the southern district of Texas. They also allege breach of contract and warranty. Chinese state giants Cosco and CIMC come to blows in rare legal battle The admiralty case arose after
  • New Iranian sanctions further hurt Chinese iron ore imports
    Supply problems for the world's largest iron ore consumer will only get worse as US sanctions Iran's mining industry.
  • Shipowner John Fredriksen to mark 75th birthday as 'richest Norwegian ever'
    Shipowner John Fredriksen, who is turning 75 this Friday, may be the richest Norwegian that has lived ever. Fredriksen started as a telex messenger at broker Blehr & Tenvig with a zero fortune when he was 16 years old. Norwegian magazine Kapital has published its annual list of the nation's richest people and estimates Fredriksen is worth NOK 113bn ($14bn), double anybody else on the list. Fre
  • Hapag-Lloyd records strong start and sticks with positive full-year outlook
    Charter rates, currency movements and an increase in cargo have driven German container line Hapag-Lloyd to a better than expected first quarter performance. Its strong start to the year is coupled with a positive outlook for the container market, despite questions about world economic growth. Technolog to handle Hapag-Lloyd boxship conversion Hapag-Lloyd shares hop as German line's outlook out
  • Product upturn final piece of chemical tanker jigsaw, says Odfjell chief Kristian Morch
    Odfjell believes the final piece of the chemical tanker market recovery puzzle has arrived to help drive an upturn in rates. While the Oslo-listed shipowner is not banking on the arrival of a new super-cycle, it is positioned for stronger markets and seeking to grow its fleet in a flexible way. Odfjell and Celsius Shipping seek exit from LPG joint venture with twin sale Scrubbers 'not the way t
  • Slow-steaming on back burner as IMO targets cuts to GHG baseline
    Two critical environmental meetings have other priorities to settle before getting on to speed limits
  • Howe Robinson triples LNG team with big-name hires
    Shipbroker Howe Robinson Partners is expanding its newly formed LNG team with two experienced industry professionals. Managing partner Henry Liddell told TradeWinds that Jon Cook, who was formerly chief executive at Flex LNG in London, is joining the company to work out of its Houston office in the US. From tanker captain to Flex LNG frontman Liddell said Cook would be working as a consultant o
  • Slow-steaming gives rise to unlikely NGO-owner alliance
    Green groups and shipowners team up at the IMO to propose speed reductions on shipping
  • Grecomar wraps up sale of elderly handymax bulker
    Dry bulk specialist Grecomar has shed a 19-year-old handymax, concluding a slow but steady campaign to offload its ageing ships. Multiple Greek shipping sources confirm the Athens-based shipmanager and owner has sold the 46,700-dwt Mare Forum (built 2000) for about $6.2m. The price appears to be firm, considering VesselsValue estimates the Kanasashi Heavy Industries-built ship is worth $5.3m and
  • Watch Spanish troops liberate Boskalis ship
    Dramatic video footage shows the moment Spanish naval forces board a Boskalis heavy-lift ship that suffered a violent hijacking off West Africa. Boskalis heavy-lifter damaged in violent African hijacking The Spanish navy posted the film on Twitter following the operation to free the 76,000-dwt Blue Marlin (built 2000) off Equatorial Guinea. It can be seen here. Armed officers can be seen board
  • GSL sees IMO 2020 boost due to retrofits
    New York-listed Global Ship Lease (GSL) has identified a potential boost to its operations from the coming IMO 2020 deadline. The boxship owner's CCO Tom Lister said on its conference call that the company views the regulations as a positive catalyst for owners offering ships to the charter market. Global Ship Lease bottom line lifted by Poseidon deal "Scrubber retrofitting, which takes a vesse
  • Vincenzo Onorato strikes ICBC sale and leaseback deal
    Italian owner Vincenzo Onorato has struck a sale and leaseback deal with ICBC Leasing for two new ro-paxes. The deal was revealed in his Moby Lines' annual report for 2018, according to Stylo 24. No financial terms were revealed. Moby Lines lands a whale of a profit MSC and Moby order cruise ferries in China The vessels - the biggest ro-paxes ever built - were ordered last year by Moby Lines i
  • Gang targets Stena-Sonangol suezmax off India
    Tanker crew said to have managed to restrict movement of perpetrators to ship's deck.
  • Southernpec caught using magnets to cheat customers
    Fuel supplier allegedly tried to interfere with the mass flow meter during a bunkering operation.
  • Higher costs push POSH to bigger first quarter loss
    Robert Kwok-based offshore company reports slight uptick in offshore construction activities.
  • Brazil not an exciting market for US offshore
    Expected growth in Brazil's oil industry is expected to help kick the offshore sector into gear - but US players are less than thrilled. At Marine Money's Houston Offshore Finance Forum Wednesday, Tidewater chief executive John Rynd said making money in the South American country was a "dogfight" with the highest cost per day of any country the New York-traded company operates in. Holm: Offshore
  • Fugro slammed over condition of returned ship
    But owner Tasik Subsea quick to secure fresh work for two-year-old vessel off Malaysia.

American Shipperweb site
MAY 9, 2019
  • Hapag-Lloyd reports 'significantly higher' Q1 profit
    CEO Rolf Habben Jansen said transpacific contract rates saw an average "three-digit increase" per TEU.
  • Retail imports forecast to reach 'unusually high levels'
    The high import levels expected through the summer are driven by a rise in retail sales and plans to increase and broaden the tariffs against China.
  • Lawyers: 301 notice gives leeway for goods already exported
    Trade attorneys for Baker & McKenzie and Sandler Travis reported that the Office of the U.S. Trade Representative's notice for Section 301 tariffs to increase from 10% to 25% across $200 billion worth of goods from China applies only to goods that are both exported and entered for consumption after 12:01 a.m. Friday.
  • C.R. England reaches $37.8 million lawsuit settlement
    The settlement affects 17,519 drivers who entered into vehicle lease and independent contractor operating agreements between 2007 and 2017.
  • Bad weather hits Matson in first quarter
    But the company says revenues are up and predicts an increase in operating revenue for 2019.
  • U.S. sanctions aim to dent Iran's metals industries
    President Trump ordered new sanctions to be placed on Iran's iron, steel, aluminum and copper industries in an effort to curtail weapons manufacturing and political influence.
  • U.S. seizes North Korean cargo ship
  • Reinhart inducted into hall of fame
  • Redwood Logistics acquires Eminent Global
  • Coalition opposes mandated slow steaming
  • PSA, SATS to provide sea-air connectivity in Singapore
  • Oakland reports busiest April in history
  • Executive Moves: BlueGrace Logistics, Port of Seattle
  • Paragon offers driver management software

The Bunker Bulletinweb site
MAY 9, 2019
  • Crude futures off lows as market remains fixated on US-China trade dispute
    Crude futures ended mixed Thursday, pulling up from intraday lows as equities markets remained fixated on the ongoing US-China trade dispute.
  • ARA fuel oil stocks fall by 8% on reopening arbitrage east
    Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp trading hub fell by 8% to 854,000 mt in the week to Wednesday.
  • Matrix Marine exits Singapore bunker fuel supply market
    Matrix Marine Fuels exited the Singapore bunker supply market as the Port Authority of Singapore (MPA) removed it from the list of accredited bunker suppliers, effective May 7.
  • Slow-steaming shipping benefits a double-edged sword: industry report
    The economics of slow steaming on shipping lines may not be as cut and dry as they first appear.
  • Genco Shipping & Trading plans dry docks as it gears up for IMO 2020, ballast water rules
    Genco has also undertaken a fleet renewal plan as environmental rules in global shipping loom.
  • VLCC carrying gasoil from Rotterdam now pointed to West Africa: cFlow
    The ship looked to be part-laden after leaving Rotterdam on April 26 and had an initial destination of the Cape of Good Hope.
  • Newbuild VLCCs fixed to bring diesel from Asia to Europe despite closed arb
    "It is definitely cheaper to use newbuilds to move gasoil to west," an industry source said.

›››File
FROM THE HOME PAGE
European Commission meeting to define the strategy for the development of EU ports and maritime industry
Brussels
Call for papers by July 28th
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Rome
Messina: State Aid regime needs to be redesigned for European shipyards
In the first four months of 2025, maritime container traffic between Asia and Europe grew by +4.8%
Tokyo
-6.4% drop in shipments to Asian ports. +9.0% increase in unloading volumes in Europe
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Geneva
Recovery driven by importers who brought forward purchases in view of expected tariff increases
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
The transfer of 80% of Louis-Dreyfus Armateurs' capital to InfraVia has been implemented
Suresnes/Paris
The Louis-Dreyfus family retains the remaining 20%
Port of Genoa, green light for extension of concession to Spinelli until September 30
Genoa
Ok also to the extension to the Campostano group
The National Maritime Fund has started the recognition of scholarships
Genoa
They are granted for basic training and security familiarization courses.
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
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 Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
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