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09 May 2025 - Year XXIX
Independent journal on economy and transport policy
16:29 GMT+2
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FORUM of Shipping
and Logistics


Offshore support vessels 
North Sea 
U.S. Gulf 
West Coast Africa 
Brazil 
Caspian Sea 
Subsea Construction / Surface systems 
Drilling 
Seismic market 
Cable laying market 
Prospects 


The offshore and specialised ships markets
 in 2002

 

In general we've seen a slow down and at best a steadiness in the offshore industry sectors. The high oil price throughout the year did not boost the exploration & production investments, nor did the Iraki crisis really impact the supply and demand balance.

Consolidations, mergers and acquisitions have continued in all industry branches. We have witnessed the giant Conoco ' Phillips merger and in the offshore and engineering / construction side we saw the formation of Aker-Kv'rner as well as the Keppel Fels takeover of Verolme Botlek.

Pushing into deeper and deeper waters, the technological differences in the various areas are slowly being erased and we see the early beginning of a market globalisation with a few key players for each of the offshore markets.
 

Offshore support vessel

The Anchor Handling Tug / Supply (AHTS) and the Platform Supply Vessel (PSV) fleet utilisation continued to drop in the main markets throughout most of the year. Lower drilling activities and delivery of a number of uncommitted newbuildings, have both contributed to the market imbalance.

A general trend is continued in so far that oilfields are developed further from the coast, in deeper waters and in areas outside the established offshore field infrastructures. This creates a demand for a further evolution of the sophisticated and self-sustaining multipurpose modern vessels.

Groupe Bourbon worked their way into the North Sea with a controlling stake in Havila Supply ASA with Saevik, Ulstein and Aker as substantial allies. Havila will as a result obtain a better foothold in West-Coast Africa as well as in Brazil. An example of this, is the Petrobras award to Island Offshore II, in which Groupe Bourbon owns 51% of the contract for the UT722L 'Havila Crown'. The vessel, being the first of three newbuilding vessels of this kind, will be operated by Havila and Delba Maritima.

China is further substantiating its share of the newbuilding market of offshore support vessels for owners such as Vroon and Sealion.
 

Supply vessel rates
 
North Sea

The spot market never gained the expected summer momentum this year, but peaked in October with large AHTS obtaining charter rates up to $55,000 per day. The low drilling activities, combined with a constant drip feed of PSV / AHTS newbuildings and a steady supply of sublet tonnage, has seen a market paying in general below the $20,000's per day.

Up to now an almost static stand-by / rescue market is about to evolve from a one-vessel-per-rig into a multipurpose field support vessel scenario, that offers area contingency for several fields simultaneously. The design is a safe, fast and environmental friendly offshore unit with ROV facilities, helideck and fast MOB's. Simon M'kster Shipping AS, Norway, was awarded a sound 8 years firm Statoil contract upon which the above will be constructed.

The North Sea shipyards' continuous trend towards building hulls in low-cost areas with home outfitting continues. The barrier of hull building is gone, consequently, repair yards in Eastern Europe are entering the scene taking a share of the newbuilding market.
 

U.S. Gulf

The charter rates in this market were on average about 20 % lower than in 2001. The fleet utilisation dropped and owners reported lower earnings, some were even forced to lay up old tonnage in order to balance the market.

U.S. Gulf field developments are also increasingly moving into deeper water. Many old vessels are being traded and others are idle in need of several $100,000's input per ship in order to comply with classification requirements. The market is in need of a continuous fleet renewal in order to be able to offer modern services to demanding oil companies. Several market contenders rise to the challenge:

  • Hornbeck Offshore Services LLC continues expanding with 4+ 4 options DP2 Offshore Support Vessels being built at Leevac Industries.

  • Otto Candies took delivery of DP2 Offshore Support Vessels from Bender Shipyard and from the new and interesting Houma Fabricators, acquired by the Dutch shipyard De Hoop.

  • Rigdon Marine contracted 10 OSVs at Bender Shipyard representing the largest single offshore order in the history of USA.

  • Tidewater placed an order for four PSVs at Bollinger Shipyards.

Large U.S. owners are building vessels in the U.S.A. in compliance with the Jones Act and the surplus tonnage is attempting to trade in the offshore markets of Brazil, Africa and Mexico.
   

West Coast Africa

The general West Coast Africa market proved strong enough to absorb tonnage coming from the North Sea / U.S. Gulf, due to the high level of production development activities offering some long term opportunities.

Esso Exploration Angola, a local subsidiary of ExxonMobil, awarded a shipping services contract to Sonasurf, the joint venture between Sonangol and Surf. The duration of the contract was 5 years firm, but included options for two more 5-year periods. The contract provides for it to define and manage all the shipping resources required for the development and operation of production fields on block 17.

The African West Coast subsea market has further evolved throughout the last years, stretching from the laying of flexible and rigid pipes from heavy crane barges, to today's grown market with deep sea trends. The large spread moored barges are slowly being replaced by modern vessels in line with any international versatile tonnage.

An answer to these as well as to international requirements is Surf's newbuilding 'Athena' a VS4501 MPSV delivered from Keppel this year, equipped with DP2, accommodation for 82 persons, FI-FI 2, under-deck capacities, anti-pollution equipment, a high reaching 100t crane, moon-pool and a helideck in order to do a larger scope of work.

Large support vessel owners such as Farstad and GulfMark are eyeing this evolving market and have begun bidding for tenders in competition with the players already present.
 

Brazil

The Brazilian deep offshore market has been less subjected to the overall markets, despite a high domestic demand for oil, and as such, enjoys an uninterrupted and steadily progressing E&P programme. This domestic market prevents an open access for international offshore tonnage, in the form of national flag requirements briefly outlined as follows:

  • Heavy taxes on flagging foreign vessels into Brazil to qualify for tenders.

  • By law, local tonnage has the first right to any Brazilian tender and as such, the tendering business is open to the public. If local tonnage doesn't comply with the requirement, foreign tonnage can, through local co-operating partners or subsidiaries, obtain an operating licence for renewable two-year periods.

The motivation of building in Brazil is direct qualification to work in Brazilian waters, long-term contracts from Petrobras, a high demand for sophisticated tonnage and beneficial financing. Instant access to the market is also of importance as owners with vessels under construction in Brazil are allowed to market their foreign built front-runner during the entire construction period.

Local shipyards have been reactivated thanks to participations taken by experienced European and Far Eastern shipyards.

Some of the market players that have been taking advantage of the Brazilian market: Solstad Offshore ASA and District Offshore ASA joining forces forming Norskan Offshore Ltda. They have 2 x UT755L under construction at Aker Promar, where GulfMark's UT719-2 and UT755L are also under construction.

It is unlikely that this market will reach a saturation point in the nearest future.
 

Caspian Sea

The Caspian El Dorado in the offshore oil activities resulted this year in BUE taking delivery of a tailor-made, shallow draft AHTS icebreaker built at Ulstein Verft. The same owner also bought and now operates the AHTS 'Stirling Iona' and 'Stirling Jura' in this region.

Due to the narrow river / canal systems, modulated offshore units are brought in by oil companies for assembly in the Baku area and the local competence are struggling to get in on the technical side. We foresee more newbuilding orders for these waters in the time to come.
   

Subsea Construction / Surface Systems

The demand for subsea construction was less affected by the general industry slow down than expected. Whilst North Sea activity was on the low side, West Africa has been literally pulling up the market. Effectively there are numerous surface systems under construction or installation. We also notice a world wide increase in number of projects being tendered, which leads us to believe that this industry will not suffer from a lack of demand in volume.

On the negative side, most of the industry players have been hit by lower margins and the risk associated to turnkey lumpsum projects, thus we saw the creation of Subsea 7, the result of Halliburton Subsea and DSND merging their subsea construction vessels into one fleet.

Contractors are also consolidating their fleet by trying to get rid of their older tonnage and upgrading their existing vessels.
 
In small / medium size construction vessels segment, contractors are submitted to the competition of the new versatile tonnage ordered by conventional supply shipowners.

A construction worth noticing is the 'North Sea-type Light Well Intervention Vessel' being built at Aker Brattvaag. The new UT 737-L design will be delivered in July 2003. The exhaustive efforts of streamlining the difference in regulations between the Maritime Administration (NMD) and the State Department of Oil (NPD) eventually resulted in the long awaited DnV class notation 'Well Intervention Unit Class 1'. The vessel's main features are 106 x 21 m, compact azipod main propulsion, DP3, accommodation for 84, helideck and a 100t heavy compensated crane. The $ 68 m vessel is being built on speculation for Island Offshore V.

The general demand for big surface projects proved strong enough to keep the main EPC contractors busy throughout the year. Some of the main interesting events and trends to notice in 2002 are amongst others:

  • The further consolidation of the market: Saipem took full control of Bouygues Offshore. Renaming it Saipem SA, they dramatically increased their engineering capacity. Together they were awarded the contract for the construction of the 2 million bbls 'Ehra FPSO' for Exxon Nigeria.

  • The withdrawal of Keller Brown & Root and ABB Oil & Gas as prime contractors from this specific market.

  • The emergence of China as an FPSO hull builder.

  • The increase of South Korea's market share in this sector: Hyundai firmed up the contract for the construction of the Exxon Angola 2 million bbls FPSO and DSME (Daewoo) secured another contract for a TLP (tension leg platform) for Exxon Angola Kizomba B field.

We expect the engineering and contracting companies to remain rather busy next year.
 

Drilling

The general activity and fleet utilisation have overall been low throughout the year. The markets hardest hit are the Gulf of Mexico and the North Sea with numerous idle units. The latter saw UK raise corporation tax by 10 % thus further reducing the oil companies' expected return in this high-cost area. Better off markets are the West Coast Africa, Australia, Indonesia, Malaysia and the Mediterranean.

Some of the downturn can possibly be blamed on the recent years' consolidation costs among the oil companies, reducing the drilling budgets. Concerns about the world economy, the Iraki crisis and its implications for oil and gas prices, are other factors causing companies to be cautious. This trend is also reflected in the low level of newbuilding activities; on the other hand, the sale and purchase market has been very active with the following relevant transactions:

  • Ensco made a cash and stock offer and took over Chiles Offshore's five modern 300 feet + jack-ups.

  • Diamond Offshore bought the $ 68.5 m semi-submersible 'West Vanguard' from Smedvig ASA and the $ 65 m semi-submersible 'Omega' from Transocean.

Instead of going for new constructions, contractors should carry on refurbishing and upgrading their existing fleet so as to maintain their access to the market at affordable costs, in combination with a drought of long term contracts in the drilling market.
 


 

Seismic market

Few opportunities have arisen in this market as the volume demand for 2D and 3D data also suffered from the general exploration slowdown.

The 'CGG Mistral' conversion was completed and the vessel was re-delivered in 2002, being the first-of-it's-kind having triple-screw propulsion. She was fitted with the new CGG solid streamers system. Unfortunately she sunk in December. CGG also acquired a 7.51 % stake in troubled PGS, which hints at a further consolidation in this market.

Western Geco continued this year to sell old tonnage. Some of these were the ex-seismic vessels 'Western Atlas' and the previously flooded 'Geco Sapphire', both being sold out of the seismic market and therefore at prices quite lower than the initial asking price.
  

Cable laying market

The demand remained close to zero throughout the year, consequently Global Crossing's attempt to dominate the market for high speed data communications was followed by the $ 12.4 bn bankruptcy. Hutchison Whampoa and Singapore Technology should manage to pick up the remains in a deal totalling $ 750 m.

Another 8 newbuildings and 1 conversion vessel were delivered into the market, whereas charterers have released as many as possible. Some vessels are returning to the offshore market, amongst these are the 'Ocean Commander', 'Toisa Conqueror' and the 'Maersk Forwarder'. Others were sold for subsea purposes: Sealion bought the 'Fresnel' from FT Marine and Torch Offshore bought the 'Wave Alert' from Global Marine. The latter vessel will be fitted with a 125 ton crane. A few other vessels are still on-hire, but most are laid-up or idle.

The low level of activity in the repair and maintenance sector did not compensate the collapse of the laying activity.
 

Prospects

Drilling activities will remain low in the first half of 2003, but could pick up towards the second half of the year in line with the increase in oil companies' exploration budgets. The seismic contractors should also benefit from this rebound. We expect to see a further materialisation of new markets in the regions of the Caspian Sea and the Sakhalin Islands. Following the change of regulations, we hope to see tenders for FPSOs in the Gulf of Mexico in 2003.

The supply vessel market has evolved over the last 10 years from being an exception in the North Sea, to become one of major importance in multiple geographical areas. Most of these areas have developed into deep water projects and the support vessel designs enabling E&P support in these environments are beginning to set an international standard.

The market globalisation will cause an easier shifting of supply vessel tonnage between the geographical markets and the natural consequence will be a further consolidation in this sector. As such, we also expect the various segments to move deeper into correlated cycles, a bit like most other international shipping markets. This is of course with the exception of the protected offshore areas.

The combination of the above could further impact the associated markets and hopefully last long enough to absorb and to balance out the numerous supply vessel newbuildings delivered over the last two years.

Operators of subsea and pipe-laying vessels will have to pursue their fleet downsizing as demand in 2003 will not meet expectations.

When the supply and offshore vessels market eventually regains balance, traditional builders should be alerted to cope with the pressure from the emerging builders from China, who have set their minds to take a significant stake of the newbuilding market.
 



Shipping and Shipbuilding Markets in 2002

I N D E X

›››File
FROM THE HOME PAGE
In the first three months of 2025, freight traffic in the port of Ravenna increased by +8.9%
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In the first quarter, Costamare's revenues decreased by -6.1%
Monk
Costamare Bulkers Spin-Off Completed
The western dock of the port of Gioia Tauro has become operational
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Container ship "MSC Bridge" docks
Maersk Group posts positive quarterly financial results
Maersk Group posts positive quarterly financial results
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Container volumes transported by the fleet remain stable. Traffic growth of +8.4% in port terminals
European Commission approves Italy's request to reintroduce the International Registry
Brussels
It will be in force until the end of 2033
In the port of Trieste, bulk cargo decreases and miscellaneous goods increase
Trieste
In the first quarter, a decrease of -4.3% was recorded. In Monfalcone, traffic increased by +54.9%
In the first quarter, goods handled by the port of Venice increased by +4.3%
Venice
Solid bulk and containerized cargoes on the rise. Liquid bulk drops by -6.1%
GNV orders four more ro-pax vessels from Guangzhou Shipyard International
Genoa
Deliveries of the 71,300 GRT units will begin in early 2028
The agreement between the Region and the extraordinary commissioner gives the go-ahead to the construction of the Darsena Europa in the port of Livorno
Florence
Giani: work can finally start
Filt, Fit and Uilt support Ciane's activity in Genoa and Savona, which would be put in danger by Petromar's competition
Genoa
Hupac will focus on combined transport on the North-South axis, focusing on high-volume connections
Zurich
DFDS Quarterly Revenues Up 7.5% With Ekol Acquisition
Copenhagen
The volumes of goods transported by the fleet are stable. Passengers drop by -27.5%
At the end of 2025, RAlpin will suspend the rolling highway rail service between Fribourg and Novara
Olten
The company denounces the numerous and unexpected restrictions on the railway network
Terminal operator ICTSI closes a record first quarter
Manila
Historic peak in financial results and container freight volumes handled
Premuda, management buy-out operation on the entire share capital of the company
Genoa
It was implemented with the strategic and financial support of Pillarstone
In the first quarter of this year, ship transits through the Panama Canal increased by +35.9%
In the first quarter of this year, ship transits through the Panama Canal increased by +35.9%
Panama
Ships carried 60.0 million tons of cargo (+40.1%)
In the first quarter of 2025, maritime traffic in the Bosphorus Strait decreased by -7.5%
In the first quarter of 2025, maritime traffic in the Bosphorus Strait decreased by -7.5%
Ankara
A total of 9,351 ships passed through
Tender for the expansion and technological modernization of Gate IV of the Port of Trieste
Mediterranean Emission Control Area for Sulphur Oxides Comes Into Force Tomorrow
Brussels
Vessels will have to use fuel with a maximum sulphur content of 0.1%.
Norwegian Cruise Line Holdings Reports Quarterly Net Loss of -$40.3 Million
Norwegian Cruise Line Holdings Reports Quarterly Net Loss of -$40.3 Million
Miami
In the first three months of this year, revenues fell by -2.9%
DSV Completes Acquisition of Schenker
Hedehouse
In the first three months of this year, the Danish logistics group's operating result increased by +17.5%
Hapag-Lloyd expects to close the first quarter with very positive performance
Hamburg
ONE closed fiscal year 2024 with net income of $4.2 billion (+336%)
ONE closed fiscal year 2024 with net income of $4.2 billion (+336%)
Singapore
In the period the container fleet transported 3.1 million TEU (+2.3%)
In the first quarter, the revenues of the Chinese shipping group COSCO grew by +20.1%
In the first quarter, the revenues of the Chinese shipping group COSCO grew by +20.1%
Shanghai
The fleet transported 6.5 million containers (+7.5%)
In the last quarter of 2024, Eurokai port terminals handled over 3.2 million containers (+9.4%)
Hamburg
In Germany, traffic was 1.9 million TEU (+14.0%) and in Italy 443 thousand TEU (+7.9%)
OOIL orders 14 new 18,500 teu containerships
Hong Kong
Dalian, Nantong shipyards win $3.1 billion contract
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
Chinese ports set new cargo throughput record for January-March quarter
Chinese ports set new cargo throughput record for January-March quarter
Beijing
In the period, seaports handled 73.1 million containers (+8.3%)
Passenger terminal completed at Rizzo dock in Messina port
Messina
Work begins on remodeling the seabed of the port of Reggio Calabria
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
UPS closed the first quarter with a net profit of 1.2 billion dollars (+6.6%)
Atlanta
Revenues down slightly following sale of Coyote Logistics
Second Large Cruise Ship Built in China Launched
Shanghai
It will join the Adora Cruises fleet at the end of 2026
Uiltrasporti underlines the need to keep Italian ports under public control
Rome
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
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
Shanghai
They distort fair competition - the Shanghai group denounces - and hinder the normal functioning of shipping
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
Taiwan's Evergreen and Yang Ming saw revenue decline in April
Keelung/Taipei
Compatriot Wan Hai Lines' turnover grows
In the first three months of 2025, RCL containerships transported 658,000 TEU (+8.9%)
Bangkok
Revenues up +37.6%
The preparation process for the Port Regulatory Plan of Ancona has begun
Ancona
Preliminary verification of the Strategic Environmental Assessment has begun
d'Amico International Shipping reports quarterly revenue and earnings decline
Luxembourg
Balestra di Mottola: We do not expect any impact on us from any port tariffs applied in the US for ships built in China
Towards the final approval of the nomination of Francesco Benevolo as president of the port of Ravenna
Rome
The MIT has forwarded the proposal to the Transport Commission of the Chamber
The decline in vehicle volumes transported by the Wallenius Wilhelmsen fleet continues
Lysaker
The first three months of 2025 were closed with revenues of 1.3 billion dollars (+3.4%)
Shipping agents, customs agents and freight forwarders of La Spezia applaud Pisano's appointment
The Spice
For the presidency of the AdSP - they rejoice - "one of us" has been chosen
MIT appoints Bruno Pisano as president of the AdSP of the Eastern Ligurian Sea
Rome
DHL Buys IDS Fulfillment
Westerville/Indianapolis
Strengthening the e-commerce segment
V.Ships created V.Yachts to provide its services to large yachts
London
It will be based in Monaco
Mercitalia Rail transports scrap iron from Pomezia to steel mills in Northern Italy
Milan
Finnlines revenues increased by +2.3% in the first quarter
Helsinki
The volumes transported by the fleet are increasing, with the exception of cars
NYK to build third car terminal at Barcelona port
Barcelona
Work begins on the electrification of the MSC Crociere terminal
The Verdane investment fund sells Danelec to the GTT group
Paris
Danish company develops technologies for digitalization of maritime transport
Israeli forces attacked the port of Hodeyda
Jerusalem
IDF, measures taken to limit damage to ships
Vard signs new contract with Dong Fang Offshore for OSCV vessel
Trieste
It will be delivered in the first quarter of 2028
Collaboration protocol between the Federation of the Sea and WSense
Rome
Among the aims, to promote intelligent and sustainable management of marine resources
A conference on maritime engineering works and climate change in Rome on Wednesday
Rome
It will be held at the Auditorium Fondazione MAXXI
The 2024 general financial statement of the Eastern Adriatic Sea Port Authority has been approved
Trieste
It records a general administrative surplus of almost 283 million euros
Accelleron Industries Announces Further Investments in Italy
Baden
The aim is to strengthen technological leadership in fuel injection systems for the decarbonisation of the maritime sector.
UAE's AD Ports continues to invest in Egypt
Cairo/Abu Dhabi
Usufruct contract to develop and manage a logistics and industrial park near the port of Port Said
The 2024 final budget of the Central Adriatic Sea Port System Authority has been approved
Ancona
Green light from the Management Committee
RFI, tender awarded for maintenance and telecommunications enhancement works
Rome
Program worth approximately 180 million euros
Contract signed assigning CMA CGM the management of the container terminal at the port of Latakia
Damascus
Investments of 230 million euros expected in the first four years
Rizzo appointed extraordinary commissioner of the Strait Port System Authority
Messina
DHL Group revenues increased by +2.8% in the first three months of 2025
Bonn
Net profit of 830 million euros (+3.9%)
Purchase of area for new cruise terminal in Marghera completed
Venice
It is expected to become operational in the 2028 cruise season.
CMA CGM Completes Acquisition of Air Belgium
Marseille/Mont-Saint-Guibert
Mazaudier: Strengthen our air capacity with immediate effect
In the first three months of 2025, freight traffic in Albanian ports decreased by -1.8%
Tirana
Passengers also decreasing (-1.6%)
In 2024, 94.4 million tonnes of goods were transported on the Austrian rail network (+2.2%)
Vienna
31.8% of the total volume was achieved on routes longer than 300 kilometres
The final budget and the annual report 2024 of the AdSP of Sardinia have been approved
Cagliari
Pilot project for the unified issuing of port access permits for haulers
Interporto Padova's 2024 financial statements unanimously approved
Padua
Revenues up +7.3%
Redevelopment works underway at the agri-food hub of the port of Livorno
Leghorn
Works worth six million euros
Bluferries is ready to put the new ro-pax Athena into service in the Strait of Messina
Messina
It can carry up to 22 trucks or 125 cars and 393 people
Approved the financial statement for the financial year 2024 of the AdSP of the Ionian Sea
Taranto
424.8 million port works completed in the last decade
Kalmar reports lower quarterly revenue, higher new orders
Helsinki
In the first three months of 2025, net profit was 34.1 million euros (+2%)
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
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
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
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
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
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
A conference on maritime engineering works and climate change in Rome on Wednesday
Rome
It will be held at the Auditorium Fondazione MAXXI
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
››› 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
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
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
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
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
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
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