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Independent journal on economy and transport policy
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BRIEFS
November 4, 2011
The Business Timesweb site
Shipping News
  • Dry bulk carrier rate could hit bottom next week
    Freight rates for capesize dry bulk carriers on key Asian seaborne routes could hit a bottom over the next week on rising Chinese demand for relatively cheap iron ore.
  • Global shipping industry facing major downturn
    The global shipping industry is experiencing a downturn that is worse than that seen during the 2008 financial crisis, China's transportation minister said. Speaking at an industry conference on the Chinese island province of Hainan yesterday, Li Shenglin said there was no end in sight to the ongoing shipping downturn.
  • UK urged to include int'l shipping emissions in 2050 climate targets
    Britain should include international shipping emissions in its climate targets to 2050, in an effort to regulate the growing carbon footprint of the sector, a body which advises the government on climate action said yesterday.

Sched Netweb site
  • Transpac rates up 4.3pc to US$1,543/FEU after 22-month decline
  • Occupy Oakland shuts port, Maersk, APL pull boxes to stop reefers exploding
  • Qingdao volume up 9.5pc in 9 months, boxes up 10.6pc to 9.8 million TEU
  • US west coast containerised imports shrink 7pc, exports rise 1pc in Sept
  • Taiwan's big 3 plunge into loss on deteriorating market, rising costs
  • Commissioner objects to FMC order for full TSA- WTSA transcripts till May
  • Guangzhou's Nansha port area aims to become Asian logistics hub
  • Bunker, lube, wages expected to become highest ship operating costs
  • China to build railway logistics facility for grain in Heilongjiang
  • US electrical exports enjoy boom to China, Canada, Mexico, Korea
  • NYK enters Brazil's cabotage trade with 10pc buy-in of Maestra
  • Quake blamed as Japan's Yusen Logistics half-year profit declines 16.6pc
  • Russia's richest man buys SOE Freight One, owns 40pc of nation's railcars
  • Vietnam to match as Guangxi build expressways to Vietnamese border points
  • Cargotec inks MoU to start strategic cooperation with Rosmorport in Russia
  • China's air carriers growth hampered by mainland curfews, bottlenecks
  • TIACA says night-flight bans will add consumer costs and pollution
  • UK air cargo safety rules 'threaten British export competitiveness'

Exim Indiaweb site
  • HK shipping associations seek subsidies to adhere to emission standards
  • SCI takes delivery of Supramax bulk carrier
  • Slow iron ore demand takes Baltic dry index to three-week low
  • India, Asean tottering towards finalising services trade pact
  • Pak accords MFN status to India after 15 years
  • JN Port dredging expected to commence soon
  • Downgrade fear looms large over India
  • E&Y foresees India growing faster than China in 2013
  • RBI extends sops to exporters by a year
  • RBI rate hike will impact export competitiveness: Fieo

International Transport Journalweb site
NOVEMBER 3, 2011
  • CSX reports record operating income in Q3
    The CSX Corporation, a leading US transport company based in Jacksonville, FL, has made third quarter net earnings of USD 464 million compared to USD 414 million last year. This is...
  • Gefco offers new services to Central Asia
    Gefco recently opened a new route between Latvia and Central Asia that will be used to deliver new vehicles to Kazakhstan, Uzbekistan, Mongolia and Tajikistan. Vehicles are picked ...
  • Highway expansion project in eastern India
    India's cabinet committee on infrastructure has approved a project to expand the Birmitrapur-Barkote section of national highway 23 in Orissa to four and two lanes, with paved shou...
  • Stricter exhaust norms for trucks in London
    Exhaust norms for driving in London's low-emission zone (LEZ) are set to change in January 2012. Trucks will be expected fulfil the Euro 4 exhaust norm for particulate matter, and ...
  • Carsten Fuhlendorf new Hellmann CFO
    Carsten Fuhlendorf took over the management of the finance department as CFO of the global service provider Hellmann Worldwide Logistics group, based in Osnabrück, on 1 November. (...
  • OOCL figures for first nine months
    OOCL said that volumes handled in the third quarter (to 30 September) were 6.6% up on the same period last year. Revenues decreased by 8.3% to USD 1.441 billion. Volumes increased ...
  • Boeing delivers 300th B777-300ER
    Boeing's best-selling B777, the B777-300ER, passed its 300th delivery recently, when first-time customer Biman Bangladesh received a unit. The B777-300ER had 543 orders on 30 Septe...
  • Emirates SkyCargo hits 100% in use of e-AWB from Dubai
    Emirates SkyCargo, a leading player in the industry's move towards e-freight, has added further momentum to the drive by announcing that electronic air waybills (e-AWBs) are now be...
  • EU and Sri Lanka to boost mutual air transport
    The European Commission and Sri Lanka concluded an aviation deal in Colombo last week, which will provide a legal basis for the development of future aviation relations between Sri...
  • K Line adds Korea-Philippines-Indonesia container service
    Kawasaki Kisen Kaisha (K Line) has added a new weekly service from Korea to the Philippines and Indonesia as a slot operator. The port rotation of the Jaseco-K link is Xingang, Pye...
  • Evergreen Line adjusts intra-Asia services
    The Evergreen Line will realign its fleet deployment and launch new services this month, as a reaction to developments in intra-Asian waterborne trade. Two new loops will replace E...
  • DSV increases sales and profit in first nine months
    DSV, a transport and logistics services provider based in Brondby (Denmark), increased sales in the first nine months of the year, from EUR 4.23 to 4.4 billion. The operating resul...
  • Dimotrans to open new head office in 2012
    Groupe Dimotrans, a French forwarding and logistics company, is building a new head office in Pusignan near Lyon. The building with 51 docking stations will be opened in April 2012...
  • Norbert Dentressangle to deliver Bradnam coffins in Scotland
    Bradnam Joinery, an English coffin and casket specialist, has appointed Norbert Dentressangle to provide flexible and cost-effective transportation in Scotland. Bradnam coffins are...

Marine Logweb site
NOVEMBER 3, 2011
  • Interocean American Shipping gets SBX-1 contract
  • Donjon-SMIT names Raymond Lord president
  • Scottish yard to build two hybrid Ropax ferries
  • Helsinki shipyard starts production of second icebreaking supply vessel
  • COSCO (Zhoushan) Shipyard books order for two bulkers

World Wide Shipperweb site
NOVEMBER 3, 2011
  • Greenbrier breaks revenue record during fiscal fourth quarter
  • Tacoma financial incentives program aims to take older trucks out of service
  • Mileage rewards scheme online at Portland International Airport
  • APL taking new measures to ensure safety of reefer boxes
  • Cathay Pacific Airways receives new Boeing freighter

Lloyd's Listweb site
NOVEMBER 3, 2011
  • Bulk deliveries in 2011 to hit record 95m dwt
    Newbuilding volumes counterbalanced by scrapping, but weak rates set to persist
  • Rotterdam warns of stalling growth
    Port predicts slowdown in fourth quarter after sub-2% cargo rise in first nine months
  • Top boxship fleets lose up to 24% of value in 2011
    Latest service from VesselsValue.com shows true impact of overcapacity on ships' worth
  • OceanFreight shareholder fails to win restraining order against DryShips takeover
    New York judge says petition unlikely to succeed on its merits
  • Transatlantic MR tankers see earnings slide as arbitrage closes
    Owners said to be 'despondent' as returns drop closer to operating costs
  • Offshore exploration likely to rise 18% next year
    Investment bank polls companies drilling wells in fields of at least 100m barrels
  • Deepwater basins attract exploration
    North Sea, Greenland and Falklands on the list of up and coming prospects
  • US Gulf springs back to life after moratorium
    Recent deals also point to buoyant West Africa and Guiana among the core basins
  • Red Sea deathtraps
    The latest ferry disaster shows lessons still have to be learned
  • 1,200 rescued after Red Sea ferry fire
    One dead in accident off Aqaba on board vessel carrying migrant workers
  • Slow economic activity puts lay-up on agenda
    A number of variables must be considered before a vessel is committed to being taken out of service
  • Product tanker captured off Nigeria
    Unknown number of crew being held
  • When headlines run away
    Misinformation crops up easily in covering shipwrecks
  • Supramax 'bloodbath' in the Pacific
    Rates drop 30% in a fortnight on Indonesia-India coal lane as oversupply hits market
  • FreeSeas debt payback gains momentum from handymax sale
    Cantor drops coverage as Greek bulker owner sees first-half figures hit by vessel impairment losses
  • Genmar in the balance after another quarter of losses
    Company cancels conference call and fails to reveal cash balance
  • Owners risk violating German flag act
    Obtaining permission to flag out can affect validity of charter parties, liability and property insurance, loan securities and could breach EU competition and labour rules
  • Cut in MAIB probes raises union fears
    Agency says reduction is due to reclassification but Nautilus voices safety concerns
  • Falling down
    Maritime safety is too important to be compromised by short-term penny pinching
  • Owners of bulker Arion SB fined $750,000 over oil pollution
    Oregon judge finds call at Portland included a failure to maintain proper records of oil residue disposals and doctoring records of onboard waste-oil incinerator
  • Operating under US flag is too expensive, say carriers
    US Maritime Administration survey finds its nation's flag 2.7 times more costly than a foreign equivalent
  • Panalpina trims outlook
    No growth for airfreight and little for ocean freight
  • Rising costs cut into Cosco Corp profits
    Yard also hit by low dry bulk charter rates for owned fleet
  • Attica's $33.6m capital boost wins shareholder go-ahead
    Ferry owner will use funds for working capital against backdrop of industry losses
  • Marco Polo wins US Chapter 11 bragging rights
    Retainer paid by owner to lawyer after deciding to declare US bankruptcy is held to be enough to establish jurisdiction
  • Newcomer is the biggest draw at bankruptcy party
    Law firm with no previous exposure to shipping snares the first two Chapter 11 immigrants to arrive on US shores this year
  • Payment made Seaarland offshoots eligible for protection
    Retainer paid a week before Chapter 11 filing established 'property in the US'
  • Sembcorp profits slip but outlook remains strong
    Singapore yard says future looks 'intact' for offshore sector, especially deepwater
  • Stolt-Nielsen secures new $600m credit line
    Sum will be added to $300m bond issue to fund capital investment
  • Sovcomflot's bribery case saga takes another twist
    Tankers giant wins right to appeal against case being heard under English law instead of Russian

Fairplayweb site
NOVEMBER 3, 2011
  • DryShips seals OceanFreight deal
    GEORGE Economou's DryShips today completed its takeover of OceanFreight and a shareholder suit challenging the deal has been thrown out
  • Stolt-Nielsen unveils $600M deal for refinancing
    STOLT-Nielsen said today it has obtained commitments for a $600M senior secured revolving credit facility
  • TransAtlantic reports $37M in losses
    SWEDEN'S TransAtlantic has blamed international economic crises for its "unsatisfactory" turn to $140M in quarterly losses
  • Teekay LNG's follow-on offering priced
    NYSE-listed Teekay LNG has succeeded in pricing a large follow-on offering, marking the first equity sale by a US-traded shipping company since July
  • SCF wins UK approval for partial appeal
    SOVCOMFLOT has won UK court approval to appeal part of a British ruling against the Russian tanker grou
  • 'Tricking' sparks late Halloween US fine
    A BULKER'S owner and operating company have been fined $750,000 after pleading guilty to US oil pollution violations
  • Algoma triples earnings
    CANADIAN shipping corporation Algoma has reported tripled net earnings for the first nine months of 2011, following a recent fleet expansion
  • Arrested VLCC reported sold
    ONE OF TWO arrested VLCC sisters has reportedly been sold in Singapore
  • FreeSeas renegotiates debt
    NASDAQ-listed FreeSeas today finally told its investors how much it lost in the second quarter - more than four months after that period ended
  • EC sends Madrid back to the drawing board
    SPAIN'S yards are pledging to keep trying to fashion a new tax-lease scheme to finance ships, after the EC rejected Madrid's proposal yesterday
  • Slow return predicted for breakbulk to Libya
    GENERAL cargo shipments into war-torn Libya are only slowly resuming, the Africa Breakbulk conference is being told today in Bremen
  • Correction continues for Capesize iron ore
    THE CAPESIZE market continues quiet this week amid lower Chinese iron ore demand and rising Atlantic availability, Brokers told Fairplay today
  • Growth in bulker fleet seen
    ARCTIC Securities has revised up its forecast for growth in the drybulk carrier fleet
  • MISC steps up piracy fight
    MALAYSIA'S flagship carrier MISC said today it has converted a second box ship into a naval auxiliary vessel to address Somali piracy
  • Wilson reverses to losses
    WILSON today reported 3Q11 net losses but noted that spot rates in Europe's shortsea drybulk market have been recovering since the end of the quarter

The Journal of Commerceweb site
NOVEMBER 3, 2011
  • USDA's Sanchez on Options for US Companies in China's Cold Chain (Video)
    Jorge Sanchez, head of the agricultural trade office in Guangzhou for the USDA's Foreign Agriculture Service, speaks at the TPM Asia...
  • Senate Rejects Obama Transport Plan
    The Senate narrowly rejected a $60 billion transportation spending bill proposed by President Obama on Thursday, as many Republicans said...
  • STB Says Only UP Posted Adequate Revenue in 2010
    The U.S. agency that regulates economic issues between railroads and shippers says Union Pacific Railroad was the only major carrier...
  • Expeditors Overcomes Market for Record Profit
    Expeditors International of Washington improved net profit 11 percent in the third quarter to $106.6 million despite a 4 percent...
  • Operations Resume at Oakland as Protest Eases
    Cargo-handling operations at the Port of Oakland returned to normal Thursday morning following a night of disruptions from the Occupy...
  • Rotterdam Sees Traffic Rise, Expects Slow Year-End
    Rotterdam container traffic in the first three quarters of 2011 grew 7.7 percent year-over-year, but Europe's biggest port warned growth...
  • Full Speed Ahead for Railroads
    Intermodal rail traffic is maintaining good momentum this autumn even as the international shipping business moving containers on the water...
  • Battling to Stand Still
    Backers of two competing transportation plans are jockeying for support by selling their initiatives as job creators and taking shots...
  • Greenbrier Profit Rises 64 Percent on Record Sales
    Propelled by surging rail equipment demand, railcar and barge maker Greenbrier Companies saw profit jump 64 percent to $12.6 million...
  • Higher Pricing Boosts Roadrunner Profit 38.2 Percent
    Acquisitions, rate hikes and a surge in freight pushed revenue up 38.2 percent to $226.2 million in the third quarter...
  • Savannah Container Traffic Jumps 11.1 Percent
    Container throughput in September at the Port of Savannah jumped 13.5 percent sequentially from August and by 11.1 percent year-over-year....
  • Ray LaHood Wakes Up, Finally!
    Last month, while speaking at the Washington Post Fixing America's Foundation: Rebuilding Transportation Infrastructure conference, Transportation Secretary Ray LaHood cemented...
  • Amsterdam Schiphol Cargo Volume Falls 6 Percent
    Amsterdam Schiphol airport handled 6 percent less cargo in September than a year earlier, but Europe's third largest freight hub...
  • Maersk's Barfod Discusses No-Show Clause, Reefer Slow-Steaming Challenges (Video)
    Thue Barfod, refrigerated container business development manager at Maersk Line Hong Kong, discusses Maersk's new no-show clause with Stephanie Nall...
  • Currency Pulls Panalpina Profit Down 7 Percent
    Panalpina reported lower third quarter profit as a strong Swiss franc offset record ocean container volume and strong air freight...
  • Fines Against ILWU for EGT Protest Top $300,000
    The International Longshore and Warehouse Union was fined $65,000 for blocking access to a controversial grain terminal in Longview, Wash....

Containerisation Internationalweb site
NOVEMBER 3, 2011
  • New twist in eurozone crisis as Greek PM 'resigns'
    Finding himself in between a 'rock and a hard place' - having announced a referendum on the eurozone rescue plans for his country, but being told by EU leaders ...
  • Russia's rail freight arm privatised; but still Russian
    The transport division of Russia's state railway group RZD has been sold to Universal Cargo Logistics Holding (UCL), owned by Russian tycoon Vladimir Lissin. The ...
  • Climate change committee: include shipping in UK's emissions target
    The Committee on Climate Change (CCC) said in a report today that shipping should be included in the UK's climate change budgets, which under the Climate Change ...
  • New Yangtze terminal given go-ahead
    A proposal for a new terminal to be constructed in Wuhu, on the Yangtze River, has been given the green light after China's Ministry of Transport (MOT) approved ...
  • Weak transpac and Asia-Europe trade impacts OOCL's Q3
    OOCL is the latest carrier to see its Q3 financial results negatively affected by the weak volumes and plunging freight rates in the major east-west trades: its ...
  • Oakland shuttered by 'Occupy' protesters
    'Occupy Wall Street' movement demonstrators forced the closure of the US west coast port of Oakland last night with officials advising that maritime operations ...
  • Greek tanker falls to Somali pirates
    Although as yet unconfirmed by EUNAV FOR, the NATO Shipping Centre has advised that an 11,600 dwt Greek chemical tanker was pirated on Monday while sailing within ...

TradeWindsweb site
NOVEMBER 3, 2011
  • Port protest ends in tears
    Port of Oakland back online as police use tear gas to end violent Occupy Wall Street rally.
  • DryShips seals merger
    George Economou's bulker empire expands as shareholders approve $239m takeover of OceanFreight.
  • Even worse than 2008
    China's transport minister believes current shipping downturn to be worse than 2008.
  • Gulf Nav loss grows
    Dubai tanker owner posts bigger deficit in weak third quarter markets.
  • Algoma on the up
    Toronto-listed bulker and tanker owner turns in improved third-quarter result as revenues rise.
  • Greek tanker hijacked
    Gunmen seize Ancora Investment Trust ship off Nigeria, and supply ship also taken.
  • Cantor drops FreeSeas
    Greek bulker owner dealt another blow as analyst Natasha Boyden discontinues research coverage.
  • Silence threatens GMR
    Cancelled conference call fuels uncertainty as cash-strapped tanker owner's stock plummets 15% in early trading.
  • Pirates release Blida
    Algerian-owned bulker freed after ten months of captivity off Somalia following reported payment of $2m ransom.
  • Stolt swaps old for new
    Chemical tanker owner and storage operator bundles up existing credit lines into one.
  • SCF wins appeal approval
    Sovcomflot has been told it can contest earlier court ruling over bribery of former employee in its $800m corruption claim.
  • Freeseas sale cuts debt
    Nasdaq-listed owner re-jigs loan with Credit Suisse after disposal of Free Lady.
  • Passenger dies
    Man leaps to his death after blaze broke out on Pella in Red Sea off coast of Jordan.
  • Caspianmaxes coming
    New Baku shipyard to turn out six tankers a year to carry Kazakh crude, including two vessels of up to 70,000 dwt.

American Shipper - Ocean newsweb site
NOVEMBER 3, 2011
  • New fuel tested by Marad, Navy
    A fuel that is partially made by algae has been tested as part of a joint effort by the Departments of Defense and Transportation. Culture mixed with ultra low-sulphur diesel.
  • Vessel valuation service adds boxships
    The online ship valuation service VesselsValue has added containerships to its vessel categories. It now values containerships from feedermax (500 TEUs) up to ultra-large container vessel (18,000 TEU) size.

The Bunker Bulletinweb site
NOVEMBER 3, 2011
  • Conference focuses on emissions control and LNG fuel alternatives
    Vote was taken to determine IBIA's position on whether the organisation should lobby IMO to postpone the 0.1% cap in 2015.
  • Fujairah prices fall
    Supplies were tight for prompt dates.
  • EPA approves engine replacement grant
    The boat's old engines are from 1953 and 1960, decades before emission standards went into effect.
  • Rotterdam market softens
    High volume of enquiries in Hamburg.
  • Guilty pleas and $750,000 fine following US oil spill
    Owners and operators of a Cyprus-based ship have been convicted of environmental crimes following a spill in the Port of Portland.
  • Russian crude output up after new export duty regime
    New tax system designed to increase country's crude oil export at the cost of fuel oil.
  • Ship emission reduction measures 'must be global'
    Chamber of Shipping warns UK-specific ship emission reductions would be distorting, but agrees shipping should not be excluded from carbon targets.
  • Bunker prices falling in key Asian ports
    Prices lower despite slight increase in WTI crude futures.
  • Call for support on switch to cleaner fuels in Hong Kong
    Added cost to shipping firms for switching to low sulphur fuels pegged at $2-3 million per annum.
  • UK's shipping emissions 'should be included' in climate targets
    Committee on Climate Change review says UK's international shipping emission will be 'material', but admits calculations are uncertain.
  • Salvage efforts resume on Rena as weather improves
    Teams to re-establish on-board systems for fuel removal, says MNZ.
  • South China fuel oil imports down 33% in October
    Ample stocks of fuel oil at South China-based terminals.

›››File
FROM THE HOME PAGE
CK Hutchison threatens legal action against APM Terminals if it takes over Panamanian ports of Cristóbal and Balboa
Hong Kong
The Chinese company warns that the continued operation of the airports depends solely on the actions of the Supreme Court and the Panamanian state.
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
Two FMC commissioners call on the US government to take action against Canadian and Mexican ports
Washington
Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged
Annual container traffic handled by the port of Algeciras remains stable.
Algeciras
A 6.2% decrease in the weight of goods in containers was recorded
The EU Commission authorizes Italy to provide financial support for rail operations in ports.
Rome
Incentives for a maximum total of 30 million euros over five years
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
Ismailia
The need to reduce insurance premiums for vessels transiting the Red Sea region was also highlighted.
€3.1 million in unpaid regional maritime property fees recovered in Campanian ports
Naples
422 default notices to non-compliant dealers
In November 2025, freight traffic in the ports of Genoa and Savona-Vado dropped by -5.5%.
Genoa
The two airports recorded percentage variations of -7.5% and +0.6% respectively
EU ETS: Interferry calls for a halt to the 100% charge for ferry emissions in 2026.
Victoria
The vast majority of the revenues from the maritime ETS - the association denounces - are diverted to the national budgets of the Member States.
The new configuration of the Ocean Alliance service network confirms seven calls at Italian ports
Hong Kong/Taipei
Two at the port of Genoa, two at that of La Spezia and one stop each at the ports of Vado Ligure, Trieste and Salerno
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Marseille
Cruise passengers grow by +7%
AD Ports has acquired the Spanish shipyard Astilleros Balenciaga.
Abu Dhabi
Transaction worth 11.2 million euros
CMA CGM reports three services on the route around the Cape of Good Hope
Marseille
The international scenario - explains the French company - is complex and uncertain
COSCO Shipping Ports' terminals handled record container traffic last year
Hong Kong
Growth of +6.2% over 2024
In the fourth quarter of 2025, freight traffic in the port of Venice grew by +13.5%
Venice
An increase of +4.9% was recorded for the whole year
Buffer areas to decongest the North West logistics system
Genoa
The proposal is from Connect. Let's remember, Palenzona warns, that the Italian system depends on road haulage.
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
St. Petersburg
In the fourth quarter alone, traffic was 231.1 million tonnes (+6%)
The port of Civitavecchia has set a new annual cruise traffic record
Civitavecchia
A 5.4% increase in transit passengers. Disembarking and embarking passengers remained stable.
A ship coming from Russia was seized in the port of Brindisi
Toasts
Alleged violation of sanctions against the Russian Federation
FS Logistix takes over railway operations in Area 6A of the Port of Antwerp.
Antwerp
New generation hybrid locomotives will be used
Greek Shipowners' Association urges EU to take measures to protect ships and crews
Piraeus
Call for expressions of interest for the refurbishment and management of the cruise terminal at the Port of Gibraltar
Gibraltar
Applicants must be willing to fully finance the work
In 2025, acts of piracy against ships increased by +18%
In 2025, acts of piracy against ships increased by +18%
Kuala Lumpur
A 43% decrease in accidents was recorded in the last quarter
InRail to manage the Interporto Pordenone intermodal terminal for a year
Pordenone
Temporary solution in view of the establishment of a public-private company
Turkey's Kuzey Star Shipyard to Build Shipyard in Syria's Tartous Port
Damascus
An investment of at least $190 million over five years is expected
In 2025, cargo traffic in Ukrainian ports decreased by -15%
Kiev
Container traffic grows by 66%
Container traffic in the port of Hong Kong decreased by 5.7% last year.
Hong Kong
In the fourth quarter alone the decline was -8.0%
In 2025, PSA's port terminals handled record container traffic
Singapore
New peaks in volumes handled in Singapore and the group's overseas terminals
Chinese CMPort's port terminals handled record container traffic last year
Hong Kong
The total was 151.5 million TEUs, an increase of +4.0% over 2024.
COSCO orders 12 new 18,000-TEU and six 3,000-TEU containerships
Hong Kong
Jiangnan Shipyard, China Shipbuilding Trading, and COSCO Shipping Heavy Industry win $2.7 billion in orders.
The port of Trieste closed 2025 with a 0.7% growth in freight traffic thanks to the increase in crude oil prices.
Trieste
The port of Gioia Tauro has once again set its container traffic record
The port of Gioia Tauro has once again set its container traffic record
Gioia Tauro
In 2025, the previous peak recorded the previous year will increase by +14%.
Port of Singapore sets new all-time container throughput record
Port of Singapore sets new all-time container throughput record
Singapore
The port confirms its position as the world's second largest container port
The volume of cargo traffic in the port of Koper will remain unchanged in 2025.
Koper
Increase in containers and rolling stock. Decline in other types of cargo.
Taiwan's Evergreen, Yang Ming and WHL close 2025 with double-digit revenue declines
Taipei/Keelung
In 2025, piracy attacks against ships in Asia increased by +23%
Singapore
The severity of accidents has decreased
The Democratic Party accuses the government of blocking investments in ports and placing the Port System Authorities under special administration.
Rome/Genoa
Nova Marine Carriers, Bolten and Ership have acquired full control of VCK Port Logistics.
Lugano
Amsterdam has developed its only covered terminal capable of operating in all weather conditions.
In the fourth quarter of 2025, revenues generated by OOCL's containership fleet decreased by -17.2%.
Hong Kong
Transported volumes increased by +0.8%
TKMS submits non-binding offer to buy German Naval Yards
TKMS submits non-binding offer to buy German Naval Yards
Kiel
The Kiel-based company builds naval vessels and luxury yachts
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
ICS has published its periodic analysis of flag state performance
London
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
De Wave Group has acquired French company DL Services.
Genoa
The company specializes in the design of industrial kitchens and the supply of technical components and spare parts on board
CMA CGM's TUX transatlantic service will call at the port of Salerno
Marseille
The line connects Turkey with the East Coast of the USA
Cruise traffic in the port of Piraeus increased by +9% last year
Piraeus
Approximately 1.85 million passengers moved
New intermodal connections between Northern Italy and Belgium by GTS Rail and CargoBeamer
Bari/Leipzig
Activated on the Padua-Zeebrugge and Liège-Domodossola lines
In 2025, cruise traffic in the port of Genoa grew by +6.5%
Genoa
Ferry passengers down 3.6%
Grimaldi took delivery of the PCTC Grande Manila
Naples
The vessel has a total capacity of 9,241 CEUs.
Expedition cruise ship Exploris One to be auctioned off
Nantes
It has a capacity of 144 passengers and 102 crew members.
SeaCube Container Leasing has acquired Martin Container.
Montvale
The company specializes in the refrigerated container segment
Pisano: The Simplified Logistics Zone has great strategic importance for the port of La Spezia.
La Spezia
RINA and HPC launch project to promote green ports in the Caspian region
Genoa
Five-year contract with the OSCE
Vard to build four Multi-Purpose Robotic Vessels for Ocean Infinity
Trieste
The contract has a total value of over 200 million euros
Hanseatic Global Terminals will become sole owner of Florida International Terminal
Rotterdam
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
The transportation sector enters a turning point with the adoption of artificial intelligence
Ulm
However, most companies are still in the early stages of this process.
Work completed to widen the access channel to the port of Livorno.
Livorno
The width between the two banks will be increased from 70 to 120 meters
Nexans sets a record for the depth of laying a high-voltage submarine cable on the Tyrrhenian Link
Paris
Installation at -2,150 meters
Funds for Spanish ports to adapt to the use of wind energy and other marine renewable energy sources
Madrid
Program with a total value of 212 million euros
CMD - Costruzioni Motori Diesel returns to wholly Italian ownership
Atella
Giorgio and Mariano Negri have acquired 67% of the capital held by the Chinese Loncin Motor Co.
Intesa Sanpaolo is financing the construction of three PCTCs for Grimaldi Euromed.
Milan
The new ships will be delivered later this year
Medlog acquires Australian intermodal operations of Seaway
Fremantle
The transaction will be completed within the first quarter of this year.
MIT has updated cybersecurity measures for national ships, ports and port facilities
Rome
A circular has been published which, among other things, introduces staff training
V.Group has bought the Danish company Njord
London
The company offers the shipping industry solutions for energy efficiency and decarbonisation
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 congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
Spediporto's conference "Take opportunities navigating trade tensions" will be held in Genoa on December 1st and 2nd.
Genoa
It will be held at the Conference Hall of Banca Bper
››› Meetings File
PRESS REVIEW
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fire aboard the Majestic ferry in the Port of Genoa
Genoa
The flames were extinguished by the intervention of the on-board fire brigade and did not cause any injuries.
COSCO to acquire control of German logistics company Zippel
Hamburg
Agreement to acquire 80% of its capital
Colombo Port Sets New Annual Container Traffic Record
Columbus
Sri Lanka Ports Authority signs agreement with French shipping group CMA CGM
Viasat to exit British company Navarino's capital
London
ICG to support the Tsikopoulos brothers in reinvesting in the company
The Palau government ensures the full operation of the Naval Registry
Koror
Moses (BMT): Services continue to be provided in accordance with international procedures and standards
In the first nine months of 2025, freight transported on the Austrian rail network increased by +1.4%
Vienna
Growth of +4.9% was recorded in the third quarter alone
Saipem wins $425 million offshore contract to develop the Sakarya gas field.
The decree for the distribution of PNRR resources to interports has been signed.
Rome
The disbursement of 1.9 million euros is expected
Messina, a Genoese company, launches a new service to Algeria.
Genoa
The rotation touches the ports of Fos, Genoa, Barcelona, Algiers, Fos
FS Logistix is the first company in Europe to certify its carbon footprint for freight transport.
Rome
The FS group company has obtained ISO 14067 certification
WASS (Fincantieri Group) wins torpedo supply contract for Indian Navy
Trieste
Contract with a total value of over 200 million euros
FHP Intermodal will become operational on January 1st
Milan
FHP Group completes the integration process between its subsidiaries CFI Intermodal and Lotras
The Coral Adventurer cruise ship ran aground in Papua New Guinea.
Port Moresby
No harm to people on board
d'Amico International Shipping orders two new MR1 product tankers from Guangzhou Shipyard International.
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