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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
May 16, 2019
Sched Netweb site
  • OOCL launches two new Asia-South America east coast Caribbean loops
  • APL adds Honolulu to boost its Eagle Express X (EXX) service
  • China Merchants' Colombo port commissions new quality hazmat yard
  • IMO now seeks new ways to impose further shipping emission reductions
  • Partial reopening of Houston Ship Channel after tanker, tug collision
  • Major box ship lessor Danaos Q1 profit soars 37.9pc, revenues up 0.9pc
  • CMA CGM cancels port congestion surcharge for Kuwait's Shuwaikh
  • Huawei CFO seeks to quash US extradition, citing Trump comments
  • Agility quarterly profits up 7.3pc to US$66.7 million, revenues rise 1.9pc
  • Malaysia respects Thai decision to check Kra Canal project feasibility
  • Melbourne Q1 boxes up 1.09pc, leading otherwise flat Aussie result
  • ICTSI net profit soars 77pc to US$72 million as volume rises 7pc
  • HNA's Swissport profit up 24pc to US$306.4 million as sales rise 6.7pc
  • Antonov Airlines joins Bollore getting relief to cyclone-hit Mozambique
  • DB Schenker renews agreement with CHAMP Cargosystems

Exim Indiaweb site
MAY 15, 2019
  • Sadan Kaptanoglu elected President of BIMCO
  • Coastal bulk freight index of China surges in April
  • More lines keen on enabling digital standardisation in container shipping industry
  • Cancellation of port congestion surcharge at Shuwaikh, Kuwait
  • PSA India showcases its terminals at Hyderabad trade meet
  • Rotterdam & Guangzhou ports to share expertise & best practices
  • Cogoport adds new product in major boost for Indian importers
  • Automatic GST refund for exporters expected from June
  • India extends deadline to impose retaliatory import tariffs on 29 US products till June 16

International Transport Journalweb site
  • USA: Go-ahead for Uinta Basin Railway in Utah
  • Leasing business augmented by railcar repair branch
  • Tigers to be logistics partner for K&N Filters in China
  • MIA wins five Naco awards
  • Schulte Group introduces Innoport
  • Latam Cargo for Mother's Day
  • Extending Russia's broad gauge railway to Turkey?
  • Gefco testing Duotrailer
  • Too much fish for Oslo airport?
  • Imperial Logistics holds first ever safety week
  • Cargotec picks start-ups as partners
  • SBB Cargo introduces automatic coupling
  • Strong growth in France
  • "Curiosity of the Day"
  • Emirates "Equine" helps 100 horses make big jumps
  • Ansgar Brockmeyer is Stadler's new sales manager
  • APL goes for the Sandwich Islands

The Loadstarweb site
MAY 15, 2019
  • Singapore's sovereign wealth fund, Temasek, rescues debt-laden carrier PIL
  • PeP failures were of our own making - now we go forward, says DP-DHL's Appel
  • As China-US trade spat heats up, transpacific container trades will suffer
  • $1.5bn Amazon Air freight hub breaks ground, but the pilots have misgivings
  • An improved first quarter for HMM this year, but rising costs still the challenge
  • Bright ideas meet the #NextGen air freight innovation challenge
  • Supply chain radar: Is bellwether Kuehne + Nagel losing its mojo?
  • Mahindra Logistics looking for buys in freight forwarding space
  • Trump's new trade war tariffs: 'This will kill my US market'
  • Supply chain radar: Yang Ming's growth accelerates, losses narrow, but those cash flows...

Marine Logweb site
MAY 15, 2019
  • Mitsubishi Shipbuilding christens next-gen LNG carrier
    Mitsubishi Shipbuilding's Nagasaki, Japan, Shipyard & Machinery Works yesterday held a christening ceremony for a next-generation LNG carrier that will serve the Freeport, Texas, LNG project. Named Bushu Maru, the vessel is
  • Helsinki Shipyard: New name, different Russian ownership
    Finland's Archtech Helsinki Shipyard is to get a new ownership and a new name. The yard's efforts to win new orders have been severely hampered by the fact that it is currently
  • MAN inks service deal covering 111 dry bulkers
    MAN Energy Solutions has signed a service agreement covering 111 bulkers owned by Hong Kong headquartered Pacific Basin Shipping. The contract will be managed by MAN PrimeServ from Hong Kong in close
  • NASSCO lays keel for T-AO 205
    The keel for the future USNS John Lewis (T-AO 205), the Navy's first John Lewis-class fleet replenishment oiler, was ceremonially laid at General Dynamics-National Steel and Shipbuilding Company, San Diego, May 13.
  • New marine louvered panel has integrated damper
    Passive airflow through a louvered panel is a common way to maintain adequate airflow to an engine room or machinery space. But there are times, such as during heavy weather or a
  • Alfa Laval inaugurates PureSOx training center
    Alfa Laval has inaugurated a PureSOx training center in Shanghai, China, featuring a full-size PureSOx exhaust gas scrubber. Though it will be focused on the training of commissioning engineers, it will also
  • MAN Engines offers IMO Tier III compliant workboat engines
    MAN Engines - a business unit of MAN Truck & Bus - is now offering 12-cylinder workboat engines meeting IMO Tier III emission standards. Spanning a power range from 551 kW to

Lloyd's Listweb site
MAY 15, 2019
  • How to decarbonise shipping
    Sidestepping the political hurdles in favour of setting out a pragmatic roadmap, what does a decarbonisation plan look like for...
  • Epic Gas cuts net loss and announces board change
    With an expected market improvement going forward, the company has chartered-in two vessels following a letter of intent to buy...
  • IMO talks confront emissions measures challenge
    MEPC negotiations on GHG emissions measures showcase challenge in getting started
  • Time to step back from Tanker War Two
    Important details are missing from our account of the Saudi tanker attacks, but shipping should now be on guard against...
  • How to decarbonise shipping
    Sidestepping the political hurdles in favour of setting out a pragmatic roadmap, what does a decarbonisation plan look like for...
  • Higher rates push NAT to quarterly profit
    NAT expects to benefit from refinery adjustments taking place this year
  • West African ports slow on the low-sulphur uptake
    With a lack of low-sulphur bunkering available to carriers, they will be forced to bunker elsewhere, says consultant Dr Natalie...
  • Beazley launches marine cyber insurance product
    Physical damage and loss of hire insurance cover are being offered to the shipping industry by a new product produced...
  • Avance Gas refinances debt as losses mount
    Oslo-based company expects higher freight rates for the rest of the year due to stronger export volumes from the US...
  • Iran's crude production to tumble to 30-year low, says IEA
    For May, early tracking shows loadings plunging to around 475,000 barrels per day, but the final destinations are not yet...
  • Thoresen Shipping warns of downside risks amid the optimism
    However, exceptional factors such as the decline in the global grain trade affected by the continuing US-China trade dispute and...
  • Zhuhai Port Co targets $145m in shares sale
    ZPC's state-owned parent Zhuhai Port Group has subscribed to 51% of the new offering
  • UK Club hints at rate rise after $32m loss
    'Premium rates are at historically low levels and the 114% combined ratio is above the club's acceptable range,' says statement...
  • Gard and Britannia in the red as surplus falls sharply at Skuld
    'Our industry is typified by volatility and cyclical behaviour and it is not unexpected that there are years in which...
  • Consortia block exemption lobby sees little market concentration in liner shipping
    Container shipping lobbyists are hitting back at the argument that their industry lacks unique characteristics that justify an exemption from...
  • Daily Briefing
    Shipping security tightens as investigations probe Iran links to tanker attacks | Sanctions paralyse Iran oil exports | IMO balks...
  • Enesel and Minerva place tanker orders with Daehan
    The latest deals bring Enesel's series of orders level with that of Angelicoussis tanker arm Maran Tankers that has also...
  • Yang Ming narrows first-quarter loss
    Yang Ming says its operating costs have been swollen by bunker prices in the period that jumped by 11% year...
  • Californians push back against Trump's plans to boost oil exports
    The trade war with China has done nothing to lower US exports of petroleum as rising demand comes from India...

The Journal of Commerceweb site
MAY 15, 2019
  • Despite trade friction, expansion continues at Port of Mobile
  • JNPT dispute over inter-terminal rail escalates
  • LA's Fenix terminal closes after dockworker death
  • Global TMS software streamlining track-and-trace
  • Falling ECSA-Asia spot rates puts shippers on notice
  • New tariffs and threats cast shadow on trans-Pacific
  • HMM, Yang Ming narrow losses on higher volume
  • Prince Rupert port plans to quadruple capacity
  • YRC looks to regain volume lost during Teamster talks
  • Wilmington port speeds up infrastructure projects

TradeWindsweb site
MAY 15, 2019
  • MOL ups LNG carrier tally at DSME to three
    Japanese shipowner MOL has declared an option for an LNG carrier newbuilding at DSME in South Korea, bringing its total haul at the yard to three. DSME bags order for LNG carrier newbuilding This week, DSME announced it had secured an order for an LNG newbuilding for delivery in the second half of 2021, without disclosing the name of the contracting party. MOL's account Industry sources follow
  • Formosa Plastics Marine drawn to stainless-steel chemical tankers
    Taiwanese owner approaches shipyards in South Korea and Japan for newbuildings
  • Industry faces remember 'visionary' and 'innovator' Eisbrenner
    Shipping industry names who knew NextDecade founder and LNG regasification innovator Kathleen Eisbrenner have been remembering and detailing her contribution to the business following the news of her death last week. Eisbrenner's family said in an obituary that the 58-year-old had died on 9 May after suffering a "devastating head injury" from a fall in her home. Those in the industry who met Eis
  • Barges in tanker clash taken from Houston Ship Channel
    The waterway is now fully operating without restrictions, officials said.
  • Worker dies in accident at Port of Los Angeles
    The incident, which caused serious injury to another worker, happened at Fenix Marine Services.
  • After positive Q1, Nordic American Tankers shares soar
    Nordic American Tankers shares are up big after its first quarter results beat analyst expectations. The Herbjorn Hansson-led shipowner was trading up more than 16%, or $0.36, to $2.56 in midday trading Wednesday after it reported $5.6m in profit for the first tree months of 2019 after the close Tuesday. Nordic American Tankers posts best results in years The performance was good for $0.04 earn
  • Shipowners unfazed by Trump tariff hike
    China will send their factories to other countries if trade war continues, according to boxship player Global Ship Lease.
  • Pangaea stays in black despite tough quarter
    Rhode Island-based niche player says contracts-heavy approach helped it outperform general market despite headwinds.
  • Sovcomflot posts big first-quarter profit as tanker market recovers
    Sovcomflot is back in the black for the first quarter thanks to an upswing in the company's tanker business. The Russian state shipowner posted $70.1m in profit for the three months of 2019, a marked improvement over the $16.1m loss reported for the same period last year. Novatek advances Arctic LNG 2 project before taking FID Sovcomflot seals newbuilding financing with new loan Sovcomflot, a
  • DFDS plans unsecured offering to refinance maturing bonds
    DFDS is considering a new bond issue that would refinance its existing DKK bonds, which are set to mature in June. The company intends "in the near future" to issue new DKK- and/or NOK-denominated senior unsecured bonds with an expected maturity of five years. The issuance is part of the "continuous pursuit of improving the financing cost of DFDS", a release said on Wednesday. DFDS posts profit
  • Epic Gas plots purchase of larger vessels backed by BW Group 'halo' effect
    Epic Gas is eyeing up further growth opportunities in the larger pressurized LPG segment as it looks to extend expansion efforts under the 'halo' of the BW Group. Epic has boosted its fleet by 23% in capacity terms with the $106.5m addition of four vessels and time charters for two modern ships this year. Andreas Sohmen-Pao takes the chair at Epic Gas as loss cut Epic Gas opens book on $60m eq
  • All paths lead back to Norway for growth, says Horizon Maritime
    COO said growth in the North Sea only part of the reason why the Canadian firm opened Aalesund office
  • Portline bulker's oily water separator 'just for show'
    Portuguese owner Portline Bulk International has been fined in a US pollution case after crew admitted a bulker's oily water separator (OWS) was "just for show." Portline has agreed to pay $1.5m after it admitted in a plea deal that engineers on the 51,000-dwt Achilleus (built 2001) had falsified entries in a record book used to track the disposal of bilge water, the Post and Courier reported. d
  • Yang Ming Marine eyes $193m bond to repay debt
    Taiwanese container line plans bond sales for debt repayment as business environments remain volatile amid US-China trade tension.
  • Landbridge seals long-term charter with Trafigura
    Chinese industrial company Landbridge Group is extending its cooperation with Western partners by locking one of its VLCCs into a time charter with trader Trafigura for up to five years. European brokers said the Geneva-headquartered trader has fixed the 308,000-dwt Landbridge Glory (built 2019) for three years at $36,500 per day, with options to extend at undisclosed rates. The charter is in
  • Pipe-layer owner turns to US courts to free arrested vessel
    The owner of an arrested pipe-layer is taking legal action in the US to free the ship and recoup millions of dollars in damages before a Nigerian company can have it auctioned off in Ghana. Wartsila: crew may be to blame for tanker fire Second Gourdomichalis bulker seized in ship abandonment case Dallas-based WAG SPV I and New York lender Hark Capital allege Fortune Global Shipping & Logistics
  • Environmentalists call for scrubber moratorium
    Numerous groups, including Stand.earth and WWF, send letter to IMO in light of Carnival Corp scrubber violations
  • One dead and five injured in blast at breakers
    One worker has died and another five were injured in an explosion at a ship recycling yard in Bangladesh. Worker killed in Bangladesh yard blast The accident happened on Wednesday at Premier Trade Corporation and Mahinur Ship Recycling in Sitakunda, the UNB news agency said. Watch footage of the incident here Cutter Mohamamd Rubel was pronounced dead at hospital. A police official said the si
  • Transocean expands loan facility to $1.36bn
    New York-listed drillship owner Transocean has expanded a loan facility to $1.36bn. The Swiss-based company said it has built the revolver from $1bn when it was arranged last year. It can also add another $500m. The facility matures in July, 2023. An additional $140m remains available under its accordion provision. Transocean has a fleet of 48 mobile offshore drilling units.
  • HMM cuts loss to $89m and sees rates rising
    Korean boxship line HMM has reduced its first quarter loss as revenue rose. The operating deficit was KRW 105.7bn ($88.8m), down from KRW 170.1m a year ago. It blamed high bunker costs, the US-China trade conflict and a delay in the rate of regional recovery for the red ink. Revenue was up 18% at KRW 1.31 trillion, led by higher transport volumes and load factor. It carried 11% more containers
  • Heated US-China trade war threatens to squeeze car carrier market
    Operators will face more operational challenges and demand uncertainties, even though the absolute trade volume between China and the US is small
  • Indian owners busy in tanker charter market
    Shipping Corp of India (SCI) is finally set for decent rates on two LR2 tankers after chartering out the duo amid a flurry of new term fixtures for Indian shipowners. SCI gas carrier damaged in collision goes for repairs LNG carrier and VLCC in collision off Fujairah European brokers said the 104,900-dwt Swarna Jayanti (built 2010) is fixed by Petro Diamond for eight months at $20,500 per day,
  • Goulandris sells oldest ship to Chinese buyer
    Greece's Goulandris Bros is selling its oldest ship, an 18-year-old panamax. Oldendorff wins settlement but Bank of China fight goes on Beijing puts brakes on lucrative trade in ageing Greek bulkers The sale appears to be a renewal move for the bulker owner. European sources said the 74,000-dwt Rodon Amarandon (built 2001) has been sold to a Chinese buyer for $6.6m. Although bulker prices a
  • Gard reports first loss in 10 years, with $53m of red ink
    Gard, the world's largest dedicated marine insurer, has reported a surprise loss - its first in 10 years. Its post-tax loss for the 12 months to 20 February 2019 was $53m, compared with a $193m profit in the previous year. It earned premiums of $798m, up from $775m. Gard made an investment loss of $3m. It also recorded a technical underwriting loss, reporting a combined ratio of 110%, indicating
  • Mercuria signs EDF trio to launch London LNG desk
    Swiss-based commodities giant also eyes structured finance opportunities including funding US yards
  • Malta ratifies Hong Kong Convention
    Malta has become the 12th country to accede to the IMO's Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) as the convention today marked the 10th anniversary of its adoption. The convention requires ratification by 15 states and 40% of the world's tonnage. Malta's inclusion lifts the total so far to around 28.8% in tonnage terms. Accession to the conventio
  • Beazley launches cyber cover
    Leading marine insurer Beazley has launched a cyber product to protect owners against physical damage and loss of hire resulting from cyber attack. Marine insurers had been reluctant to provide cyber cover but such products are now growing in number. Tim Turner takes Beazley's reins from Clive Washbourn Beazley said the cover, named Cyber Defence for Marine, would help owners meet the IMO's req
  • IMO ruling on toxic coatings could cost shipowners dearly
    Owners could be forced to recoat the hulls of thousands of ships if revisions to anti-fouling convention are approved
  • Shipping brings 'hope and healing' to Africa's poorest
    Geneva ball hears how shipping and trading communities have thrown their weight behind Cargo Day fundraising
  • Klaveness Combination Carriers raises $40m for new ships
    Norway's Klaveness Combination Carriers (KCC) has completed a new stock issue that will see it bank NOK 350m ($40m). Klaveness raising cash for more combination carriers It will issue 7.36m shares at a price of NOK 47.50 each. The company was targeting a figure of between NOK 200m and NOK 400m to pay for two optional Cleanbu combination carriers at China's Jiangsu New Yangzi Shipbuilding. It ha
  • Eidesvik Offshore sees seismic boost after smaller first-quarter loss
    The offshore support shipowner said its result exceeded the expectations of both the company and its lenders.
  • PSV recovery sees profit rolling in at Standard Drilling
    Platform supply vessel (PSV) investor SD Standard Drilling has been boosted by the North Sea sector recovery in the first quarter. The Norwegian company said net earnings to 31 March were $2.98m, against $0.14m in 2018. SD Standard Drilling buys PSV at bargain-basement price It attributed this to an unrealised gain of $2.9m on the revaluation of financial assets. Revenue and EBITDA from charte
  • Turkish owner Arkas lands $800m refinancing deal
    Turkish shipowner Arkas Holding has clinched an $800m refinancing package in a deal with banks. The company said the facility was arranged by lender Yapi Kredi. Arkas, Cosco team up for reefer service The loan matures over five years with a 12-month grace period. The company said it is taking measures to strengthen its balance sheet and reduce financial costs in a time of high interest rates.
  • PSV trio reactivated after combined 11 years
    A trio of platform supply vessels (PSVs) have re-entered the buoyant North Sea spot market after a combined 11 years - 4,178 days - in layup. The moves once again demonstrate the trend for bringing units back into play as rates rise. Anchor-handlers have been booked for supply work as the PSV supply ran low in recent weeks. Anchor handlers step in as PSVs sell out in Norway Broker Westshore sai
  • Angeliki Frangou eyes up VLCC options to renew Navios Acquisition fleet
    Angeliki Frangou's Navios Maritime Acquisition is looking to the optional newbuilding slots it holds in Japan for the next stage of its VLCC fleet renewal programme. Imabari confirms four VLCC newbuildings for Navios Frangou's Navios eyes rare VLCC order at Imabari Frangou merging VLCC vehicle into Navios Acquisition New York-listed Navios has sold two veteran VLCCs this year and took its orde
  • VLGC owner Avance Gas banks $515m refinancing package
    John Fredriksen-backed Avance Gas has refinanced debt of more than $500m in a reshaping of its balance sheet that overshadowed a weak first quarter performance. Culture clash forced Christian Andersen's exit from Avance Gas Andersen replaces Andersen at head of Avance Gas Avance Gas closing in on refinancing as scrubber decision nears Christian Andersen, then president of Avance Gas, told Trad
  • DSME profit down but beats estimates
    Korean shipbuilder DSME has topped analysts' profit estimates in the first quarter, despite weaker results year-on-year. Operating earnings were KRW 199.62bn ($167.8m), compared to KRW 298.6bn a year ago. The forecast range was between KRW 66.56bn and KRW 110bn, according to Bloomberg data. Net earnings came in at KRW 195.18bn, against a range of KRW 43.17bn to KRW 86.49bn. It made KRW 226.3bn
  • Mikelis fears plurality of standards for global shiprecycling
    Consultant and Hong Kong Convention architect concerned at consequence of Alang recyclers chasing European list 'carrot'
  • Jotun records sharp increase in results for first quarter
    Jotun, the a leading producer of marine paints, has delivered strong results in the first quarter of 2019. The privately owned company has said it also expects better results in the coming quarters than it achieved last year. Jotun paints a brighter picture over IMO changes Jotun's financial performance brightens The improved outlook comes after the Sandefjord-based outfit was hit by the colla
  • Saudi tanker attacks reveal dangerous geopolitical waters
    Holing of Saudi vessels, trade wars and the rise of nationalism spell trouble for shipping
  • Sea Stallion Pool sets sights on up to 40 bulkers
    Managers confident of growing Hamburg-based handysize operation, which is outperforming indices
  • Norway raises security level after Gulf attacks
    The Norwegian Maritime Authority (NMA) has raised the security level for its ships following the attack on tankers at Fujairah in the UAE. At least four vessels were targeted in what appeared to be a mine attack on Sunday, including two from Saudi Arabia and Norwegian manager Thome's 47,000-dwt Andrea Victory (built 2005). No one has yet admitted responsibility. Mystery deepens as tanker attack
  • Sabrina Chao in female line of succession at Bimco
    Sabrina Chao will follow Sadan Kaptanoglu as Bimco president as the organisation embraced change at its annual meeting. The world's largest shipping association elected the managing director of HI Kaptanoglu Shipping as its first female president last night in Athens. "It is a great privilege for me to chair the Bimco board of directors in this crucial time of change for shipping," Kaptanoglu sa
  • Andreas Sohmen-Pao takes the chair at Epic Gas as loss cut
    BW Group supremo Andreas Sohmen-Pao has been appointed chairman of Epic Gas following its takeover. LPG carrier owner Epic said Charles Maltby had stepped down from the role, but remains CEO and a director. Sohmen-Pao steps on M&A gas with Epic takeover in his sights New chapter unfolds in Epic saga Epic Gas confident fleet renewal efforts will fuel profit Sohmen-Pao is already chairman of BW
  • Diamond S product tanker targeted by robbers off India
    Incident follows similar boarding of Stena-Sonangol suezmax pool vessel last month.
  • Thoresen Shipping makes weaker start to 2019
    Higher operating costs and lack of impairment gains dent results at Thai-backed bulker owner.
  • Horizon Maritime eyes Norwegian market with Aalesund office
    Canadian offshore vessel operator launches expansion drive as ex-Bourbon OSV joins the fold.

American Shipperweb site
MAY 15, 2019
  • Bill could provide $10 billion a year for infrastructure work
    The National Multimodal and Sustainable Freight Infrastructure Act, introduced by Rep. Lowenthal, would establish the Freight Transportation Infrastructure Trust that would distribute the funds through a formula and competitive programs.
  • Ways and Means panel hearing on USMCA next week
    House Democrats are seeking beefed-up labor, environment, enforcement and pharmaceutical provisions in the trade agreement.
  • Corps funding would increase in FY2020 House bill
    The House Appropriations Committee's FY2020 Energy and Water Development and Related Agencies funding bill also would increase HMTF projects by $147 million.
  • HMM revenue up but volume uncertainty remains
    The Korean carrier has reduced its operating loss and prepared for IMO 2020 but is still concerned about a global economic slowdown, Brexit and the U.S.-China trade conflict.
  • CBP launching air cargo screening enforcement
  • More carriers join Digital Container Shipping Association
  • Deutsche Post DHL 'will take a big step forward' in 2019
  • Accident kills dockworker, injures another at Port of Los Angeles
  • Yang Ming reports higher revenue, smaller loss in Q1
  • OOIDA opposes lower age for CDL holders
  • Teamsters, YRC Worldwide contract takes effect
  • Executive Moves: Crowley, Deutsche Post AG
  • Port of Oakland looks at diversifying revenue
  • DSV offers intelligent supply chain design and execution

The Bunker Bulletinweb site
MAY 15, 2019
  • Greece Piraeus bunker premium to Singapore nears year high
    Piraeus, Greece, bunker fuel premiums to Singapore prices reached the highest in almost a year.
  • Shell offers VLSFO marine fuel trials, ready for sales
    Shell is offering trials of its 0.5% sulfur marine fuel oil to customers in key ports in readiness for IMO 2020.
  • TANKERS: India's MRPL taps Aframax tankers for crude supply due to SPM closure
    "So far six to seven Aframaxes have been taken by MRPL [for the May 20-30 loading window]," a shipbroker said.
  • Portugal's Galp to offer 0.5% marine fuels from November
    "All of Galp's 0.5% fuel [will] come directly from our own refineries," a company representative said.

›››File
FROM THE HOME PAGE
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
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