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24 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
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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