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04 April 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
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
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AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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