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August 2, 2011
The Business Timesweb site
Shipping News
  • China may siphon off S'pore bunker sales
    China may capture almost a third of Singapore's bunker market in three years as it expands terminals to handle more large tankers, according to Brightoil Petroleum Holdings, a Hong Kong-based marine-fuel supplier.
  • Storage tankers told to leave Pasir Gudang
    Malaysia's government has ordered seven floating storage facilities with a capacity to hold about 1.9 million tonnes of crude or fuel oil anchored off the south-eastern port of Pasir Gudang to leave by the end of this month, industry sources said yesterday.

Sched Netweb site
  • World container shipping recovery to continue, but slow down this year
  • Port of Ningbo's half-year throughput breaks record at 7.08 million TEU
  • Marseilles-Fos strikes sully first half, as container volume falls 9pc
  • US Federal Maritime Commission to probe Canadian threat from Prince Rupert
  • Port investment boom continues this year with billions spent China-wide
  • South Korean port volume up 10.3pc in first half to 10.5 million TEU
  • APMT Nigerian port volume up 26pc after 4 berths dredged to 13.5 metres
  • American truckers do well in June, but as import boxes fall, can it last?
  • Somali-style pirates attack seizes second ship off West African coast
  • MOL uses low-friction, eco-friendly Seaflo Neo ship paint, cuts CO2
  • China Southern Airlines cargo volume increased 0.3pc in June
  • US government joins China and American airlines in blasting EU carbon tax
  • BA-Iberia merged IAG back in black as rival AF-KLM cargo slides into loss
  • Amsterdam Schiphol airport first half cargo up 5.2pc, but Asia volume falls

Exim Indiaweb site
  • ...launches ten 5,600-TEU ships to boost Asia-South America CSW service
  • CMA CGM Group, CSAV launch Asia to West Africa direct service
  • Container vessels to flood market in record numbers in 2012: Braemar Seascope
  • DP World adds new South American terminals with acquisitions in Suriname
  • Indian security team wards off Somali pirate attack in Red Sea
  • Mend it or End it'That is the question
  • MOL announces CX1 service upgrade linking Panama, Manaus
  • US freight market sees slow, steady growth
  • Solution found to oil payment row with India: Iran
  • Adani Group clarifies it was just one of the port operators
  • MICT handles double stack train in quick time
  • Only terminal operators can fix handling charges: Cochin Port
  • Vasan urged to resolve PLR/bonus issue at 11 Major Ports
  • India's forex reserves up by $ 2.29 bn
  • Restrictions on cotton exports removed

International Transport Journalweb site
AUGUST 1, 2011
  • Indo-Japanese JV for Indian rail freight corridor
    The enterprise Dedicated Freight Corridor Corp India (DFCCIL), which is promoting a USD 17 billion rail freight corridor project, has decided that its 1,490 km western part will be...
  • US manufacturers boosted by DoT financing plan
    US department of transportation secretary Ray LaHood has announced a USD 563 million loan to Amtrak under the federal railroad administration's railroad rehabilitation and improvem...
  • Fatigue and overtaking top issues for Australian truck drivers
    The joint Transport Workers Union (TWU)/NRMA BusinessWise survey in Australia of over 320 heavy vehicle drivers, a first-of-its-kind, found almost 40% listed the dangerous practice...
  • Emons Spedition establishes direct services to Luxembourg
    The Bexbach/Saarbücken (Germany) branch of the German logistics provider Emons Spedition now offers daily direct links to Luxembourg. Emons Spedition can offer same-day deliveries ...
  • Global container freight volume to increase slowly in 2011
    Global container freight volumes will increase this year, but at a slower growth rate compared with 2010, according to a report released by the Chinese Academy of Sciences (CAS). T...
  • Asia-Pacific airlines register volume decreases in June
    Preliminary traffic figures for June released by the Association of Asia Pacific Airlines (AAPA) showed that international airfreight markets softened further during June. The mont...
  • Diederik Pen new managing director at Martinair
    Diederik Pen has been named the new managing director of Martinair with immediate effect. Together with Rob Hougée, director of finance, he will form the new board of managing dire...
  • Forwarder U-Freight on the move in Spain
    U-Freight's associate in Spain, Tracosa, is continuing to pursue its policy of having offices at the main Spanish airports and ports. To this end it has completed its move to a new...
  • Port of Montreal now represented in Europe
    The Italian shipping agency Medov has represented the operations of the Montreal Port Authority (MPA) in Europe since 1 July. Medov, headquartered in Genoa, is in charge of promoti...
  • MOL enhances Asia-East coast South America service
    Mitsui O.S.K. Lines (MOL) recently upgraded to its Asia-east coast South America service (CSW). From July 2011 through to 2012, MOL will launch a total of ten new 5,600 teu contain...
  • Jakarta airport to be overhauled
    Jakarta's substandard Soekarno Hatta international airport is set to receive an IDR 11.7 trillion (USD 1.37 billion) overhaul, according to the Indonesian transport ministry. Herry...
  • Emirates SkyCargo first to use new Envirotainer
    Emirates SkyCargo has become the first airline to transport the new generation of containers which can heat and cool temperature-sensitive cargo. Two Envirotainer RAP e2 units, car...
  • DHL extends cooperation with BMW UK
    DHL Supply Chain has signed a three-year contract with BMW to increase dealership deliveries in Scotland and northern England. DHL will provide warehouse services at its shared-use...
  • Hellmann East Europe opens new Ukrainian office
    Hellmann East Europe, which is a subsidiary of the German enterprise Hellmann Worldwide Logistics, recently opened a new office at Borispol airport in Ukraine. Over and above this ...

Marine Logweb site
AUGUST 1, 2011
  • Jensen completes design of Tier III compliant ASD tugboat
  • WHOI: Microbes consumed oil in Gulf slick at unexpected rates
  • AMO members walk off American Steamship Company vessels
  • Coastal waters of Outer Cape Cod become "No Discharge Area"
  • USCG publishes supplemental NPR on STCW implementation
  • Two Tidewater PSV newbuilds will have Thrustmaster propulsion systems
  • Platinum Equity installs new leadership at ACL
  • Noble orders two more jackup rigs from Jurong Shipyard
  • Rowan promotes two
  • Zacchello Group companies file for Chapter 11 protection

World Wide Shipperweb site
AUGUST 1, 2011
  • Jensen Maritime designs new tugboat for Harley Marine
  • Diamond s Shipping buying fleet of refined product carriers
  • TSA adding new software at airport security checkpoints
  • Runway changes in works at Portland International Airport
  • Grounded fishing vessel leaks fuel on Grays Harbor beach

Lloyd's Listweb site
AUGUST 1, 2011
  • Small ships to lead box orders in second half
  • Handysize sales decline as holiday season kicks in
    Weakening charter rates saw activity dwindle from the 27 handysize sales reported in June
  • Vale rumoured to be adding to VLOC orders
    Brazilian mining giant thought to be in talks with Bohai yard in China at a time when owners are questioning the future of its newbuilding programme
  • Capesize order prices 'are at rock bottom'
    Uneconomical for yards to slash values any lower
  • Trading on emissions
    Shipping industry has a poor understanding of emissions legislation, says Helena Athoussaki
  • Wikileaks reveals Italian payments to Somalia during hijack talks
    No ransom paid for Buccaneer, but $18.5m aid pledged to Transitional Federal Government in Mogadishu
  • Vale rumoured to be adding to VLOC orders
    Brazilian mining giant thought to be in talks with Bohai yard in China
  • MOL adopts fuel-saving hull coating
    Seaflo Neo reduces friction drag on hull
  • Rina tackles nickel ore dangers
    Cargo liquefaction sank three ships in a matter of weeks late last year. Now Italy's class society has offered a solution
  • Aids to using low-sulphur fuel launched
    Novenco and Alfa Laval team up to develop a new cooling system while Rivertrace Engineering launches a viscosity system to address key maintenance and operation concerns
  • IACS urged to back class societies' common structural rules software
    Common approach is vital to CSR
  • Time for a second look at Alang
    The myth that ship recycling in India and Bangladesh is locked in methods of 25 years ago needs rethinking
  • Italy would be in a much worse situation outside the eurozone
    There would have been more and more devaluation of the lira
  • Cido Shipping confirms sale of 30 MR tankers to Diamond S Shipping
    Transaction worth $1.2bn says source close to the deal
  • Capital says Cosco 'performing' on Cape Agamemnon charter
    Delays on hire for several other bulkers linked to the Chinese giant have not yet spread to Capital Product Partners
  • Luka Koper threatens to sack strike committee
    Management says action is illegal
  • Swedish vessel avoids attack off Benin
    Worrying increase in West Africa attacks
  • GE Seaco sold for $1bn
    Hong Kong-based private equity firm Bravia teams up with Grand China parent HNA to acquire the world's fifth-largest container lessor
  • SeaFrance's joint bidders will have to halt falling freight rates to succeed
    But DFDS and LD Lines are optimistic about taking on troubled ferry operator's assets
  • Study to assess maritime transport potential
    As iron-ore projects in Quebec's Cote-Nord grow, the area needs more than just a highway
  • A port unlike any other
    Protected by the seven islands and blessed with a 10 km wide deepwater bay, Sept-'les can accommodate the biggest bulkers
  • Canada's sleeping giant awakens
    Port of Sept-'les set to become major iron ore hub for Europe/Asia after global investment
  • Dwindling optimism
    It looks like this could be a long hot summer for tanker owners that many may not survive
  • Marco Polo Seatrade and affiliates file Chapter 11 bankruptcy protection
    Restructuring programme to be completed after 'disappointing reversal of bank support'
  • Pipavav profits from congestion at Jawaharlal Nehru port
    Total revenues for the quarter ended June 30 jump 62% compared to the second quarter of 2010
  • Boskalis wins TX2 terminal contract
    Dredging and reclamation deal worth $288m
  • Cosco feeling China inflation heat
    Singapore-listed shipbuilder warns of rising cost pressures in China as profits fall in second quarter and share price drops 5%
  • Hutchison takes over third Sydney terminal
    Expansion will double capacity at Botany Bay
  • The Week Ahead
    August anguish

Fairplayweb site
AUGUST 1, 2011
  • South America rate gap grows
    BOX RATE gaps in South America's inbound trade appear to be widening, with ex-Far East freight firming but rates for cargo out of Europe languishing
  • MarAd bill stresses shortsea
    A BILL that would allocate $162M to fund MarAd in fiscal 2012 includes a title that promotes shortsea shipping in US waters
  • HPH takes over Port Botany box terminal
    HPH TOOK over control today of the third box terminal at Sydney's Port Botany
  • India, Iran settle oil dispute
    INDIA and Iran have resolved a dispute over oil payments that had led to threats of supply cuts, IHS Global Insight reported today
  • LNG Ltd closes China deal
    LIQUEFIED Natural Gas Ltd has completed a placement transaction with China Huanqiu Contracting & Engineering, IHS World Markets Energy reported today
  • Canada certifies Davie bid
    CANADA has decided to consider a last-minute bid from Davie Canada for a share of a C$35Bn ($37
  • Box leasing group GE SeaCo acquired for $1Bn
    CHINESE aviation group HNA and Bravia Capital have reportedly acquired box leasing outfit GE SeaCo for $1.05Bn
  • Container sector remains in bargain basement
    A SHANGHAI broker told Fairplay today Hanjin Buenos Aires has been relet to CMA CGM for six months at just $14,000 per day
  • Slowing predicted for MR tanker growth
    GROWTH of the MR product tanker fleet is forecast to slow over the next few years because of a fall in newbuilding activity, according to broker EA Gibson
  • Cido seen selling tankers
    CIDO SHIPPING HK told Fairplay today it plans to sell 30 MR tankers to Diamond S Shipping of the US
  • Box rate rise fails to impress
    BROKERS in Shanghai have told Fairplay that the current mild recovery in Asia/Europe rates is insignificant as they are still unprofitable
  • MR rise termed overrated
    THE RISE in intra-Asia MR rates is overrated, particularly for shipments to and from Singapore, brokers told Fairplay today.886267.timg
  • Transneft plans crude switch
    RUSSIA'S Transneft is planning to reduce the flow of Azeri crude oil via pipeline from Azerbaijan to Novorossiysk and replace it with crude lifted by LUKoil from the northern Caspian Sea
  • APLNG investments assured
    AUSTRALIA'S $20Bn Pacific LNG project has obtained financial approval, IHS CERA reported
  • Philippine ferry sinks
    ANTI-POLLUTION equipment has been deployed after a ferry sank off Iloilo, forcing the evacuation of 178 people, according to the Philippine Coast guard

The Journal of Commerceweb site
AUGUST 1, 2011
  • Roadrunner Buys West Coast Drayage Operator
    Roadrunner Transportation Systems bought West Coast intermodal specialist The James Brooks Co., a $12 million company in 2010, for approximately...
  • West Coast Container Traffic Up 5 Percent
    U.S. West Coast ports registered a modest increase of 5 percent in total loaded containers during the first six months...
  • Diesel Prices Fall First Time in Four Weeks
    Diesel prices across the United States fell 1.2 cents in the week ending Aug.1, ending three consecutive weeks of price...
  • ODFL Launches Third-Party Logistics Provider
    Old Dominion Freight Line on Monday combined several existing business units to launch a carrier "neutral" third-party logistics provider, Vault...
  • Hong Kong Air Freight Falls 7.6 Percent
    Freight moving through Hong Kong International Airport tumbled 7.6 percent in June as the world's largest air cargo gateway saw...
  • ACL Taps Barge Line Veteran Knoy as CEO
    Inland waterway barge operator American Commercial Lines tapped Mark Knoy to be president and CEO, replacing Michael Ryan. Knoy...
  • US Steel Imports Fell in June
    U.S. steel imports declined 10 percent in June from May, but were up 31.2 percent year-to-date, reflecting weakening manufacturing demand...
  • Smid Retires as President of YRC
    Michael J. Smid, the chief operating officer of YRC Worldwide who handled the largest carrier less-than-truckload consolidation in history, left...
  • Newly Appointed Locke Heads to China
    Gary Locke formally resigned today as commerce secretary and was sworn in by Secretary of State Hillary Clinton as the...
  • GE Sells SeaCo for $1.05 Billion
    General Electric and a partner sold shipping container lessor GE SeaCo to HNA Group and Bravita Capital for $1.05 billion,...
  • APM Terminals Says Productivity Boosted in Nigeria
    APM Terminals said productivity of cranes at its container terminal in Apapa, Nigeria, has risen 25 percent in the past...
  • Universal Truckload Profit Falls 13.9 Percent
    Universal Truckload Service's profit slipped 13.9 percent in the second quarter, despite gains in its core truckload revenue, brokerage and...
  • Amazon to Build Three Tennessee Distribution Centers
    Internet retailing giant Amazon.com plans to open three more regional distribution centers in Tennessee this year, part of a broader...
  • US Manufacturing Falls to Two-Year Low
    A key measure of manufacturing in the United States fell back 4.4 percentage points in July to its lowest level...
  • Free Trade's Net Worth
    In the seven years since the U.S.-Chile free trade agreement took effect, U.S. exports to the South American country spiked...
  • South Carolina Ports Hires Cargo Sales Manager
    The South Carolina Ports Authority hired Kara Ramsey as manager of cargo sales to the shippers that use the ports...
  • Yusen Logistics to Appeal Price-Fixing Ruling
    Yusen Logistics, the logistics arm of Japanese shipping group NYK Line, will appeal an anti-monopoly ruling by the Japan Fair...
  • EU Launches Probe of Royal Mail Privatization Plan
    European Union antitrust regulators are investigating the United Kingdom's bid to privatize Royal Mail, the state-owned postal and logistics group....
  • Finnlines Profit Slips 9 Percent
    Finnlines reported first half operating profit fell 9 percent from a year ago due to Finnish port strikes, severe ice...
  • INTTRA Launches Automated Billing Dispute Resolution
    INTTRA, the ocean container shipping technology platform, is introducing a system that automates the process of comparing invoices and managing...
  • Yusen Logistics' Profit Plunges 59 Percent
    Yusen Logistics's net profit plunged 59.2 percent in its fiscal first quarter ending June 30 from a year earlier to...
  • CMA CGM Hikes India-Europe Rates
    CMA CGM, trying to boost pricing on the beleaguered westbound shipping out of Asia, will apply a general rate increase...
  • Burden of Proof
    Q: I keep reading your column, I don't know why, looking for some semblance of integrity, of equity, in your...
  • Dog Days of Shipping
    In Ancient Rome, the period between July 24 and Aug. 24 became known as the "dog days." The hot weather...
  • Running on Fumes
    Mark David, sales manager of Saratoga Honda, normally gets 115 to 150 new Hondas a month to sell to customers...
  • Rail Shippers and Rails Pack Pricing Punch
    Railroad executives might not agree precisely on how much the economy is recovering from its springtime slump, but one thing...
  • Road to Recovery
    As James Welch returns to the less-than-truckload company he left four years ago, his big challenge is getting a much...
  • YRC Enters the Welch Era
    Leading YRC Worldwide back to profitability may be the toughest job in trucking, and it belongs to James L. Welch....
  • Credit Where Credit Is Due
    Now that the recession is over, many ports are publicizing their growing cargo volumes and increased revenues, but failing to...
  • USMX to ILA: It's Us Against the World
    The next union contract for East and Gulf Coast dockworkers will be negotiated amid economic uncertainty, the prospect of new...
  • Reinforcing Security's Message
    U.S. Customs and Border Protection recently completed the work needed to allow U.S.-based third-party logistics providers to participate as full...
  • A Call for Invasive Action
    A recent appeals court ruling should send a chill through shippers relying on reliable transportation on U.S. waterways. The...
  • Taking a New Spin on Export Controls
    Step by painful step, the Obama administration's reform of export controls, a key plank in its goal to double exports,...
  • Missing the Target
    Economic forecasting is never an exact science, but when it comes to predicting the economic impact of the tariff cuts...
  • TAA, as in Toil, Angst and Aggravation
    Political opposition to free trade is a given, and can take many forms: Fears over the competitive impact on markets...

Containerisation Internationalweb site
AUGUST 1, 2011
  • Why pay the same for a super-slow boat to China?
    According to a recent industry-centric survey, shippers are becoming increasingly irked at the arbitrary introduction of slow steaming [16-20 knots] and super-slow steaming [12-16 knots] by ocean carriers playing the tradelanes of the world
  • US inches back from the abyss
  • Outside czar Mehdorn to help privatise Russian railways
  • Invensys signs up for MD's RPS
  • Private investment in ports remains strong
  • US agri shipper group urges: carriers must build better links with US exporters

TradeWindsweb site
AUGUST 1, 2011
  • Strike hits ASC
    American Steamship forced to anchor ships as staff walk out following pay spat.
  • Back to the future strategy
    Diamond S Shipping to follow in OMI's wake as Craig Stevenson's new venture joins the major league.
  • Anema E Core freed
    Italian aframax tanker is set free by West African pirates after they plundered the vessel and stole part of the cargo.
  • Frontline 'expensive'
    Handelsbanken drops view on Oslo-listed tanker owner after lowering rate forecasts.
  • Wage freeze thaws
    Two-year fight over seafarers' wages has come to an end, union leader tweets.
  • Noble pens Sembcorp pair
    Driller takes jack-up orderbook at Singapore-listed shipbuilder to six after grabbing options worth nearly $500m.
  • ABP wins Humber battle
    ABP has prevailed in a court battle to wrest control of the Immingham Oil Terminal from oil giants.
  • Cido 30 ship sale signed
    Legendary investor Wilbur Ross provides financial backing for Diamond S Shipping as it becomes major MR product carrier owner.
  • Tanker takes to beach
    Prime Tankers managed vessel grounds near Mumbai after engine failure.
  • Bank downs CSDC stake
    JP Morgan sells off batch of shares worth $21m in Hong Kong-listed owner.
  • Cosco profit cut in half
    Singapore-listed shipbuilder and bulker owner sees its second quarter bottom line tumble.
  • The RMB may sink the $
    HSBC Shipping foresees the prospect of the RMB becoming the 'new' Dollar.
  • Diamond deal for Cido
    Craig Stevenson in $1bn deal to buy fleet of 30 product carriers from South Korean shipowner.
  • Zacchello firms seek help
    Antonio Zacchello' Marco Polo Seatrade and three related companies make bankruptcy filings in the US.
  • Marco Polo worth a pop
    OCBC kicks off coverage of Singapore-listed firm with a buy tag.

American Shipperweb site
AUGUST 1, 2011
  • Maersk describes focus on fast-growing trades
    A.P. Moller - Maersk said it is focused on increasing its business in fast growing trades between China and regions such as South America and West Africa. An article in the most recent issue of the company's in-house magazineMaersk Postquoted Lar...
  • China Shipping issues profit warning
    China Shipping Container Lines Co. Ltd. said last week it expects to report a net loss for the six months ended June 30. In anotice to the Hong Kong Stock Exchange , the Shanghai-based company said the expected loss "is mainly attributable to fact...
  • CMA CGM, CSAV partner on Asia/Africa loop
    Liner carriers CMA CGM and CSAV are starting a new jointly operated service between Asia and West Africa. Each line will provide five vessels on a service with a rotation of Ningbo, Shanghai, Chiwan, Hong Kong, Port Kelang, Lagos (Apapa), Loma, Tem...
  • Zim seeks Asia/Europe peak surcharge
    Liner carrier Zim said over the weekend it would seek a peak season surcharge on the westbound Asia/Europe trade from Aug. 15. The surcharge, $150 per TEU, is applicable to destinations in northern Europe and the Mediterranean....
  • CSAV joins MSC Asia/Africa loop
    Liner carrier CSAV has joined a Mediterranean Shipping Co. loop between Asia and southern Africa, part of a wide-ranging network agreement the two lines announced in mid-July. CSAV will join as a slot buyer on MSC's six-ship Cheetah service, which...
  • Tropical adds new ship
    Tropical Shipping said it will christen a new ship in the Port of Palm Beach on Aug. 15.Tropic Express,a shallow-draft, 368 TEU ship, will be deployed in the company's service to the Bahamas and become the 15th ship in its fleet. The $14 million ...
  • Military Sealift Command names Europe, Africa head
    The U.S. Navy's Military Sealift Command has placed Capt. Richard Soucie in charge of its Europe and Africa operations. Soucie, who joined the Navy in 1978, replaces Capt. James E. Tranoris. The command provides transportation and delivery of perso...
  • CRST acquires STI
    CRST International has acquired trucking industry logistics services provider Specialized Transportation, Inc. The privately held companies did not disclose terms of the deal. STI, a former division of North American Van Lines, is based in Ft. Wayn...
  • New U.S. GDP figures show paltry growth
    The U.S. economy only grew 1.3 percent in the second quarter, according to the U.S. Commerce Department, which also sharply revised the growth figure for the first quarter to 0.4 percent from 1.9 percent. The second quarter growth was less than an...
  • Brazil losses drag down TNT Q2 profit
    The logistics company TNT Express on Monday reported second quarter operating income of $66 million, down 23.3 percent from the same period in 2010. The fall in profit was primarily attributable to major customers losses in Brazil, the company sai...

The Bunker Bulletinweb site
AUGUST 1, 2011
  • Fujairah prices firm
    Earliest delivery dates were from August 4.
  • Fuel switch project honoured with award
    Partners cooperating on switch to low-sulphur distillate fuels on ships recognised by the Gulf of Mexico Program.
  • Floating storage tankers told to leave Pasir Gudang
    Malaysia's government orders seven tankers to go by the end of this month.
  • Rotterdam market firms
    Piraeus very busy with 'lots of volumes'.
  • Californian fuel rule changes cause ongoing controversy
    Two-year delay of 0.1% sulphur limit still not aligning regulation with ECA standards; supreme court challenge gains support.
  • North American ECA enters into force
    Amendments to MARPOL Annex VI creates world's third ECA; emission regulation to take effect in one year.
  • External: Praxis Energy Agents S.A.
  • Single owner for Ventspils oil transit business 'best outcome'
    Negotiations continue as new dispute erupts.
  • Bulgarian supplier out of product
    Refinery dispute enters new phase.
  • Shipping companies file for protection in US bankruptcy court
    Senior lenders 'unilaterally reversed their support'.
  • Week starts with uptrend in bunker prices
    Low demand for bunker fuel at major Asian ports on Monday.
  • Horizon Lines reports $7 million net loss in Q2
    Soft container rates and high bunker costs pulled Q2 results 'significantly below' last year's figures.
  • UK emulsion fuel manufacturer marks 'significant milestone'
    Quadrise Fuels buys 6,000 bpd manufacturing unit for its MSAR fuel.
  • Higher margins, bunker sales boost US bunker supplier earnings
    Expects full year earnings to benefit from the new bunker fuels markets it entered in 2010.
  • Hanjin questions supply of 0.1% sulphur ditillates by 2014
    Suggests to delay implementation of Californian 0.1% sulphur distillates use rule to 2015.
  • Loss warning on high bunker prices
    Dual-listed dry bulk shipping firm expects to post a net loss for the first six months of 2011.
  • South Korean bunker inventories slightly up
    SK Energy and Hyundai Oilbank to produce higher volumes in August.
  • Libyan unrest hits Chemoil
    Company responds to a query by the Singapore Exchange on losses incurred by associate in Q2.

›››File
FROM THE HOME PAGE
Freight traffic in the ports of Genoa and Savona-Vado continues to oscillate between signs of recovery and slowdown
Genoa
In July, volumes increased in both Ligurian ports
Trasportounito offers an automatic system to adjust road haulage rates to the price of diesel.
Rome
Seafarers, five years after the Code of Conduct, the gap between policy and reality remains.
London
Shipping companies' compliance is growing, but issues remain regarding fatigue, psychological safety, complaints and recruitment fees.
Last month, ship traffic in the Suez Canal increased by +26.9%
Ismailia
In the first eight months of 2026, it was crossed by 9,602 ships (+17.4%)
Decision on crucial rail section of Scandinavian-Mediterranean Corridor in Germany postponed again
Hamburg
German port operators are calling for an acceleration of both new infrastructure and the upgrading of the existing line.
Kuehne+Nagel agrees to long-term strategic partnership with Amazon
Schindellegi
The agreement includes a call option on existing shares of the logistics group
MSC in talks to acquire German shipbuilding group Meyer Werft
New York
Currently, 80.73% of the capital is held by the German Federal Government and the State of Lower Saxony.
Trafigura creates a new shipping company dedicated to oil transport
Geneva
Initially Volare Shipping has a fleet of six VLCCs plus eight under construction
Shipowners are calling on EU member states to approve the inclusion of two Indian shipyards in the European list of ship recycling facilities.
Brussels
The new headquarters of the Italian Merchant Marine Academy has been inaugurated in Genoa.
Genoa
French ports see a balance between increases and decreases in the second quarter.
Paris
Total traffic reached 71.1 million tons (-0.2%). Containers increased by 8.1%.
The Genoa Port Master Plan, the Pra' dock, and the Multedo chemical depots are the thorniest issues in the discussions with operators and the local community.
Genoa
Partial assessment of the listening process initiated by the Western Ligurian Sea Port Authority
Crosetto: The Italian Navy will ensure the safe transit of Italian ships through the Strait of Bab el-Mandeb.
La Spezia
We have - the Minister of Defense underlined - the capabilities to protect its passage
Assiterminal: Seabed certainty and planned dredging are essential for port competitiveness.
Genoa
Mordeglia: We don't just need a simpler rule, we need a predictable one.
Germany is reforming VAT to make its ports more competitive.
Hamburg
The Conference of Finance Ministers approves the compensation model that should eliminate the pre-financing of the tax from 2030
Saudi Arabia denounces that the Houthis are pursuing a policy aimed at "strangling the Straits", holding the international community hostage
New York
The UN Security Council is divided between condemnations and calls for negotiations.
WTO: A reform of the trading system could increase global GDP by 3% by 2050
Geneva
The World Trade Report 2026 warns of the costs of fragmentation: up to 7% less global GDP in a world dominated by free trade agreements
One in ten containers is not up to standard
Washington
WSC publishes 2025 inspection data: out of 93,079 units inspected in seven countries, 9,645 had deficiencies
The World Shipping Council (WSC), the international association representing the world's leading container shipowners, has urged member states...
Maersk and Hapag-Lloyd to bring back four services on the Suez Canal route
Copenhagen/Hamburg
The lines connect Asia with Europe/Mediterranean
Neri and Nova Marine Carriers Groups to Control Calata Orlando Terminal
Lugano
The Livorno terminal will be the subject of a significant investment
Cavotec and EVIAS sign agreement for charging electric port vehicles on the move.
Stockholm
The Swedish company becomes the exclusive distributor and installer for the port sector of the French company's technologies
Hapag-Lloyd signs agreement with DP World to secure terminal capacity in Africa
Hamburg
The agreement concerns the ports of Dakar, Luanda, Dar es Salaam, Banana and Maputo
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Gela's Porto Rifugio has received a favorable opinion for dredging the port's waters.
Palermo
Approval from the Technical-Administrative Committee of the Interregional Office for Public Works
Greenbrier Europe to produce NIK transshipment system for TX Logistik
Troisdorf/Berlin
Allows rapid loading of non-craneable semi-trailers onto trains
Maersk opens its own logistics center in the heart of Germany
Herleshausen
Located in Herleshausen, it has a surface area of 71,800 square meters
South Korea's HJ Shipbuilding & Construction Co. wins orders for four new 10,100 TEU containerships
Busan
The contract has a total value of approximately 500 million dollars.
Democratic Party: The government's port reform paves the way for privatization of Italian ports.
Rome
Ghio and Misiani: it also takes resources and skills away from the territories
Port self-production: The Council of State denies the segmentability of the authorization pursuant to Article 16, paragraph 3.
Rome
Cartour's "partial" authorization in the port of Salerno has been suspended.
Port of Miami closes fiscal 2026 with record cruise traffic
Miami
The threshold of ten million passengers has been exceeded, compared to 8.56 million in the previous financial year.
The Grimaldi Group has taken delivery of the new pure car and truck carrier Grande Egitto.
Naples
Its load capacity reaches 9,800 ceu
Port reform will be discussed in Genoa on October 2nd.
Genoa
Workshop organized by the AdSP and the Altero Matteoli association
Fratelli Cosulich strengthens its logistics network with the opening of Express Global Dubai
Dubai
Teresa Cosulich will be responsible for the new logistics office.
"A Sea of Switzerland" will be held in Lugano on October 9th
Lugano
Ninth edition of the International Forum on Transport and Infrastructure
Brullo Group orders three 40,800-ton deadweight oil/chemical tanker vessels
Rome
Order to the Chinese shipyard Anhui Shipyard
New attack on a ship in the Strait of Hormuz
Southampton
A bullet caused minor injuries to two crew members
A new megayacht production, maintenance, and storage hub opens in Trieste.
Trieste
Trieste Shipyards was founded by Seadock (Samer group) and Yachting Expertise and is owned by Friulia
Confitarma applauds the government's initiative to protect Italian ships in the Red Sea.
Rome
Zanetti: Maritime security is, in effect, a component of national economic security
Unions approve the platform for the single collective bargaining agreement for the shipping industry.
Rome
Filt, Fit and Uilt, is structured around three central elements such as salary, protection, participation and thirteen concrete requests
FHP Intermodal is increasing the frequency of its freight rail service between Fiorenzuola and Incoronata/Bari.
Milan
It goes up to five days a week
This year over 2,000 large yachts operated along the Italian coasts
Rome
Plus 10% for owned boats and a substantially stable trend for chartered ones
The event "Cyber-resilience in the maritime sector: defense, regulations, and European cooperation" will be held in Rome on Tuesday.
Rome
It is organized by Var Group and Confitarma
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Smeup, with the acquisition of HTG, expands its portfolio in the logistics and transport sector
Erbusco
The Turin-based company specializes in the development of proprietary software
Saudi Arabian ports: Liquid bulk throughput to decline sharply in 2025
Riyadh
Total traffic fell to 298.3 million tonnes (-10.9%)
A delegation from the Lithuanian port of Klaipeda visited the port of Livorno
Livorno
In-depth comparison of their respective infrastructure development plans
New OOCL service between the Western Mediterranean and Canada
Hong Kong
Collaboration with Ocean Alliance companies and other carriers
The port's future is at the center of the event celebrating the 80th anniversary of Assosped Venezia and Asamar Veneto.
Venice
A conference on Friday will be the highlight of the festival
Increase in port workers at the ports of Monfalcone and Milazzo
Rome
Green light from the General Directorate for Ports, Logistics and Intermodality of the Ministry of the Interior.
Cargo traffic in Greek ports is sharply declining
Piraeus
Stagnation in passenger numbers
Mercitalia Shunting & Terminal has purchased eight Eurolight Dual bimodal locomotives
Rome
Container traffic in the port of Hong Kong grew by 22.1% last month.
Hong Kong
Total for the first eight months of 2026 unchanged
AGV Expo, a new European trade fair dedicated to self-guided vehicles, will be held in Piacenza next month.
Genoa
The event will also host a rich program of conferences
Massive transnational fraud discovered in the road haulage sector
Chieti
Illegal employment of non-EU workers
Cargo traffic at the port of Singapore decreased by -4.9% in August
Singapore
In the first eight months of 2026, the port handled 30.7 million containers (+4.2%)
Cochin Shipyard and Drydocks World to jointly develop new international ship repair center in Cochin
Mumbai
An Iranian merchant ship was hit in the Strait of Hormuz
Tehran/Southampton
One sailor died and four other crew members were injured.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
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
Port reform will be discussed in Genoa on October 2nd.
Genoa
Workshop organized by the AdSP and the Altero Matteoli association
"A Sea of Switzerland" will be held in Lugano on October 9th
Lugano
Ninth edition of the International Forum on Transport and Infrastructure
››› Meetings File
PRESS REVIEW
Cosco Shipping arm readies China IPO to capitalise on global shipbuilding wave
(South China Morning Post)
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
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