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Independent journal on economy and transport policy
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BRIEFS
July 18, 2011
The Business Timesweb site
Shipping News
  • IMO agrees on CO2-cutting measures
    The International Maritime Organization (IMO) agreed last Friday on energy efficiency design standards for new ships to cut greenhouse gas emissions, but developing countries will probably delay implementation by using a waiver, delegates said.

Sched Netweb site
  • Hong Kong cargo down 2.2pc in June to 2 million TEU, Singapore up 3.7pc
  • Shanghai continues to outrun Singapore's container volumes in first half
  • Asia-Med freight rates suffer worst of bad week, says Shanghai index data
  • ANZDA peak season surcharges of US$250/TEU, $500/FEU apply Aug 15
  • Guangdong's Xinsha checkpoint sees a surge of 68pc in whole-auto imports
  • Dongguan's PSA port handles 300-TEU ships on run to Taicang, near Shanghai
  • UK Graig orders super-feeder with '30pc less fuel consumption per TEU'
  • US exports slip 0.5pc in May after 16.4pc growth in first five months
  • Prologis expands at three Japanese facilities of 67,000 square metres
  • Cathay cargo falls 9.1 per cent in June during traditionally slow month
  • US airline freight beats passenger side workforce growth in May
  • BA continues wine supply partnership with Kuehne + Nagel for 3 years
  • Panalpina offers value-added logistics at Huntsville Alabama airport

Exim Indiaweb site
  • Crew competence seen not matching up to demands of modern ships
  • Double-digit growth expected in shipments to Africa
  • Konecranes bags soaking pit crane order
  • Maersk Sembawang to be largest vessel to call South India ports
  • MSC, CSAV to jointly operate direct service between India & Europe
  • NYK Line finalises window at GTI
  • Pirate attacks up, seizures down in 2011
  • SCI signs shipbuilding contract for 3,500-TEU vessel
  • Chinese firms may hit security roadblock for port projects
  • PSA-led consortium to develop & operate JN Ports 4th box terminal
  • FFFAIs 20th biennial convention to be held in Udaipur on August 25-28
  • Gelkaps Sports organises paintball fair at KASEZ
  • Competitive credit a must to sustain export growth momentum: Fieo President
  • I-T Dept reopens cases against SEZ developers
  • Net direct tax collections drop 17 pc
  • EEPC Indias Open House with Zonal Joint DGFT on July 28 at Vadodara
  • Heavy pallet loaders moved from Canada to Russia
  • New Orleans hosts professional development for project forwarders
  • SCHEUERLE heavy-duty transporters in action for Germany's first offshore wind park

Marine Logweb site
JULY 15, 2011
  • New Port Aransas ferry starts service
  • Rand Logistics to add Canadian flag bulker
  • Blount to build South Boats wind farm cats for U.S. market
  • IHC Merwede to build Jones Act OCV's at BAE Mobile and Jacksonville yards
  • Fincantieri no longer set to acquire Davie, but alternate buyer is hovering

World Wide Shipperweb site
JULY 15, 2011
  • Retiring Coast Guard commander hands over Ancient Albartoss title
  • Rand Logistics to purchase bulk carrier MARITIME TRADER
  • Rail freight traffic count rolls to up/down week
  • Port of Portland schedules 2011 Seaport Celebration
  • RailAmerica reports drop in June carload numbers

Lloyd's Listweb site
JULY 15, 2011
  • Suezmaxes ordered during boom face financial blues
    Vessels contracted in 2007-2008 set to make significant losses
  • Capesize rates fight to hold ground as fixtures dry up
    Time charter average tumbles 17%
  • Atlantic-based trade continues to dominate suezmax sailings
    The suezmax sector continues to be dominated by Atlantic-based trade, accounting for around 77% of exports and Europe and the US taking in 62% of the crude carried globally on these tankers
  • Modern prices to close in on $50m mark
    Fleet oversupply unlikely to be supported by a pick up in scrapping
  • IM Skaugen strives for contract balance for its LPG carriers
    The company's contract of affreightment deals have limited its ability to reap the rewards of an improved spot market
  • Fortescue iron ore volumes rise as mining sector recovers
    Major expansion investment expected to drive up Fortescue production even further
  • Growing Chinese VLCC fleet stifles European owners
    Middle Eastern crude oil imported on domestic tonnage reaches 40% market share as other owners feel the pinch
  • Hong Kong owners take 11% of China VLCC deliveries
    Greek owners' share falls to just 5%
  • Shipping banks pass stress test
    No major shipping lenders among eight European banks to fail
  • Nautilus Marine Acquisition debuts with slimmed-down IPO
    Akis Tsirigakis-led blank cheque enterprise rakes in $48m instead of $60m while keeping share price unchanged
  • Rongsheng gets back in the game
    New Greek orders and the Vale endorsement give Rongsheng's stock a boost
  • Will Vale bulk carriers get into China?
    The best way to quash rumours of being blocked from China's ports is to sail a VLOC into one
  • Slow march forward for Vale's VLOCs
    The naming of an unfinished valemax at China Rongsheng meant more theatre than progress
  • Changes to sulphur content ruling 'will reduce short sea freight by 30%'
    European Shippers Council calls for new sulphur limits deadline to be postponed until 2020
  • NCL re-launches $250m IPO
    New corporate structure announced
  • Shanghai box freight index falls despite capacity withdrawals
    Composite SCFI down 1.4% to $1,016 per teu as Shanghai-Northern Europe route declines by 1% to $809 per teu
  • Put some welly into maritime awards
    It is time to give proper recognition and reward to the valuable work done by our engineers, designers, technologists and scientists
  • WSC and Japan outline efficiency scheme
    Proposal designed to "stimulate significant improvements in the carbon efficiency of the world's maritime fleet"
  • Will the Middle East Gulf suffer a gap between hope and reality?
    Gulf Co-operation Council states look on course for strong growth, but large expansion of container terminal capacity will need to be carried out
  • Middle East Gulf expansion in the pipeline
    Extra capacity to come online through to 2016
  • UK pensions shake-up will apply to seafarers and offshore workers
    Location of employer would not be a key determining factor in deciding whether an individual is ordinarily working in Great Britain, says minister
  • Pirates refuse to free South Korean seafarers unless jailed comrades are released
    Somalis also demand compensation for deaths inflicted by special forces in the Samho Jewelry rescue
  • Deficit forces US to shed the jones for subsidies
    Tariffs protecting ethanol trade go, which is good for shipping as corn exports rise
  • Norway's forceful anti-piracy stance attracting industry attention
    Code gives unusually practical guidelines on weaponry and deployment of armed guards
  • Port in a storm
    Los Angeles must do more to rein in its profligacy as rest of California struggles
  • Los Angeles volumes down 12% on June 2010
    Port blames last year's early peak season surge for skewing the figures
  • Hyundai Merchant Marine throws down the gauntlet on Asia-Europe
    South Korean carrier plans to add up to 10 12,600 teu ships in battle for survival on competitive trade
  • Tightening gas market boosts IM Skaugen
    Gas carrier and tanker owner reports second quarter profits of $400,000, compared with a $4.5m loss a year ago.
  • Port of Los Angeles pays back $100m bond
    Repayment will save $16.5m in interest over 15 years.

Fairplayweb site
JULY 17, 2011
  • Nautilus completes IPO
    BLANK-cheque vehicle Nautilus Marine Acquisition today priced its IPO, obtaining 20% less proceeds than it had been seeking
  • Writ stalling JNPT scheme is withdrawn
    A VENTURE involving PSA International and India's ABG Ports is now likely to win a contract for a fourth box terminal at Jawaharlal Nehru Port Trust
  • Tampa port director criticised
    FLORIDA'S Port of Tampa Maritime Industries Association has criticised Tampa port director Richard Wainio and called for him to leave the position when his current contract ends
  • LA box outlook shaky
    MIXED results in June at the largest US box complex are increasing chances that the fall peak shipping season will be delayed, a port official there told Fairplay
  • CSAV teams with MSC
    CSAV HAS confirmed that it will begin jointly operating multiple new box services with MSC from next month through 2014
  • New JV targets Davie
    A NEW consortium is moving to take over Quebec's Davie Industries shipyard after Italy's Fincantieri said it had ended talks to buy the yard
  • IM Skaugen posts slim profits
    NORWAY'S gas carrier and lighterage tanker group IM Skaugen today reported net profits of $0.4M for the second quarter, from losses of $4.5M a year earlier
  • NCL revises IPO plan
    NORWEGIAN Cruise Line, which is gearing up for a NASDAQ listing, filed a revised IPO registration today, featuring a new corporate structure
  • EC adopts sulphur cuts directive
    THE EC today adopted a proposal to revise the 1999 sulphur directive and promised to cut sulphur dioxide shipping emissions by up to 90%
  • FESCO reports cargo rise
    FESCO said today its box volumes jumped in the first half of the year, compared with the same period of 2010
  • Bulker demolitions surge 219%
    GREEK shipbroker Golden Destiny said in a quarterly report that 150 bulkers were scrapped in 1H2011, up 219% year on year
  • Baltic ro/ros pick up
    RO/RO traffic is rising steeply this year on routes linking Kiel in Germany with Russia, other Baltic countries and Scandinavia
  • Tallink's losses climb
    HIGH COSTS for bunkers and a harsh winter that increased fuel use deepened losses in the three months to 31 May, Tallink said today
  • Ballast rules attacked
    US RULES for ballasting constitute a threat to the nation's economy, the US Congress was warned
  • Leaders differ on Sovcomflot decrees
    MOSCOW has issued two official, ambiguous announcements indicating a late 2011 privatisation of at least 25% of government-owned Sovcomflot, one of the world's largest oil tanker operators

The Journal of Commerceweb site
JULY 15, 2011
  • Mica Hits Back at Chamber Over Transport Bill
    U.S. House Transportation and Infrastructure Committee Chairman John Mica, R-Fla., said the U.S. Chamber of Commerce favors tax increases over...
  • U.S. Seizes Lead-Tainted Children's Jewelry Shipment
    U.S. government agents seized a shipment of $340,000 worth of children's jewelry bearing some three times the legal of level...
  • Consumer Sentiment Hits 28-Month Low
    U.S. consumer sentiment fell this month to its lowest level since March 2009, reflecting depressed income and low employment levels,...
  • CSX Gains Large New Coal Business
    Corsa Coal began sending trainloads of high-heat metallurgical coal out of its new Somerset, Pa., coal wash plant, generating export...
  • Maersk Division Wins $126 Million Navy Contract
    Maersk Line, Ltd., won a multi-year contract valued at up to $126 million to operate and maintain five container and...
  • Carolina Railroad to Aid Industrial Park Developer
    North Carolina's Aberdeen Carolina & Western Railway will be the exclusive project advisor to Gladstone Development on a recently acquired...
  • U.S. Factory Output Flat in June
    U.S manufacturing activity was flat in June, the Federal Reserve said, although utility and mining output pushed overall industrial production...
  • YRC Worldwide Projects Second Half Operating Profit
    YRC Worldwide expects its revenue to rise about $600 million this year to $4.9 billion and to report an operating...
  • Cathay Cargo Traffic Falls 5.5 Percent in June
    Cathay Pacific Airways cargo traffic fell 5.5 percent in June, the third straight monthly drop at one of Asia's largest...
  • European Commission Cracks Down on Maritime Pollution
    The maritime industry would be required to slash sulfur dioxide emissions by up to 90 percent at a cost of...
  • Season of the Switch
    FTR Associates transportation analyst Larry Gross showed a revealing chart at The Journal of Commerce Inland Ports Conference in Chicago...
  • NVOs Outpace Vessel Operators
    Two of every five trans-Pacific import containers are booked through non-vessel-operating common carriers instead of directly with container lines, and...
  • Reverse Course on the Trans-Pacific
    Shipping is picking up steam on the trans-Pacific, but it's not happening in the direction carriers are accustomed to. Instead,...
  • Politics, Reality
    Even John Mica doesn't believe in the transportation spending plan he released this month. That was plainly evident...
  • Semiconductor Shipments Forecast to Accelerate
    Semiconductor manufacturers are raising their projections for industry shipments in 2011, forecasting sales will grow 5.4 percent over last year...
  • MSC, CSAV To Consolidate Four Routes
    Chilean container line CSAV and Mediterranean Shipping will jointly operate four liner services under a new agreement, stepping up ocean carrier...
  • Forwarder Pilot Expands to Amsterdam
    Pilot Freight Services will open an office in Amsterdam as the U.S. freight forwarder looks to build on strong growth...

Containerisation Internationalweb site
JULY 15, 2011
  • More capacity withdrawn in transpacific
  • LA & LB feel the new downturn heat
  • S&P threat to US triple-A rating
  • COSCO to invest in armed guards
  • More trouble between N.Europe and the Mediterranean

TradeWindsweb site
JULY 15, 2011
  • Greeks torch boxships
    Athens-based liner operators hit $16m jackpot in freshly minted series of demolition deals.
  • Maersk inks MSC deal
    US-flag division of Danish shipping giant ties up $126m management deal with Military Sealift Command.
  • Tsirigakis storms Street
    Investors plough $48m into Akis Tsirigakis-led blank-cheque, Nautilus Marine Acquisition Corp.
  • Mauritius gifted piracy aid
    Government handed $4.4m to help tackle maritime piracy and enhance security efforts.
  • Lenac plots share sale
    Croatian owner Tankerska Plovidba to build stake in shiprepairer as it issues new stock.
  • EC aims to cut sulphur
    Commission tables plans to cut maximum level in bid to reduce emissions by 90%.
  • Iraq's port problem
    Baghdad government worried shipping industry will be strangled by Kuwait's new Mubarak al Kabeer terminal.
  • Tug officer charged
    Distracted K-Sea crewman faces manslaughter trial after barge hit duck boat on Delaware River, killing two.
  • SCI plots offshore move
    State-owned company targets 'high end' of market and reveals transloader project.
  • Wartsila predicts sales dip
    Finnish engine builder mulls possible 5% decline due to weak marine systems market.
  • Samho crew going home
    Six men on struggling owner's VLCC Samho Crown will receive pay in Dubai before flying out.
  • Never ending saga over?
    Offshore contractor Cecon optimistic that it will finally get hugely expensive delayed newbuildings from Davie Yards.
  • Five hurt in clash
    Philippines coast guard says baby among injured after ferry and cargoship were involved in accident off Cebu.
  • Pirates seek compensation
    Somalis holding hostages call on South Korean government to release prisoners.
  • US yard worker killed
    50-year-old reportedly electrocuted at Avondale shipyard in Louisiana.
  • Cosco shelves nuclear plans
    Chinese shipping giant drops alternative energy proposal in wake of Japanese nuclear crisis.
  • Celtic Link drops claim
    Irish Sea operator gives up on compensation case after livestock ambitions thwarted.

American Shipperweb site
JULY 15, 2011
  • Sea Star discontinuing Philly Service
    Sea Star Line said it will end its service between Philadelphia and San Juan, Puerto Rico, on July 22. "The maritime community in Philadelphia has been very supportive and great to work with, but we have been unable to secure an adequate revenue s...
  • Washington Notebook
  • BIS proposed rule moves U.S. export reform forward
    The U.S. Commerce Department's Bureau of Industry and Security released a proposed rulemaking Friday that moves another step forward the Obama administration's goal to modernize the country's aging export control system. A significant piece of the...
  • Shipper groups oppose bunker levy
    As the International Maritime Organization Marine Environment Protection Committeewinds up a meetingin London this week, the Global Shippers Forum (GSF) said any scheme for controlling carbon emissions in the shipping industry should provide incen...
  • Pirates attacks up 36% in first half of 2011
    There were 266 incidents of pirate attacks on vessels around the world in the first half of 2011, up 36 percent from 196 attacks during the same period in 2010, according to the International Maritime Bureau's Piracy Reporting Center. But the numb...
  • U.S., Macedonia reach open skies agreement
    The United States and Macedonia on Thursday reached an open skies aviation agreement, which will allow airlines of both countries to select routes, destinations and prices for passenger and cargo services based on consumer demand and market condit...
  • Pilot Freight lands in Europe
    Pilot Freight Services, a third-party logistics services provider, has opened its first owned European station in Amsterdam. "This is a big milestone for our company, as we continue to grow and expand our footprint both domestically and internation...
  • IES opens office in Norfolk area
    IES Ltd., a transportation software provider to freight forwarders, non-vessel-operating common carriers and customs brokers, has opened an office near Virginia's Port of Norfolk. The office will primarily focus on engineering, operations and infor...
  • Mitsui to acquire Portek
    The parent company of MOL has won a bidding war to acquire a majority share in Singapore-based niche port operator Portek, according to news reports out of Asia. Mitsui and Co., a Japanese conglomerate whose businesses include MOL and MOL's contain...
  • SoCal port volume down 5% in June
    Southern California's two ports had divergent container volume growth patterns in June, according to Los Angeles and Long Beach statistics. The two ports collectively handled 1.2 million TEUs in June, a roughly 5 percent drop from the same month i...

The Bunker Bulletinweb site
JULY 15, 2011
  • Week ends mostly soft in Americas
    Crude futures were lifted by lower oil supplies from Canada and higher US equities.
  • IMO moving at 'glacial speed' to reduce GHG emissions
    'Adoption of the EEDI must mark the start of a period of renewed action at IMO with a focus on achieving fast, deep cuts in emissions,' says industry source.
  • Australian carbon tax set to counter bunker credits
    'The carbon tax will raise costs all the way along the supply chain, from factories and mines to railways and port.'
  • Caribbean ECA formally adopted
    MEPC 61 also adopts exemption from ECA sulphur limits for old steamships in the US.
  • Fujairah prices fall; Cape Town strikes continue
    Employers in South Africa's petroleum sector were ready to resume talks with unions to end strikes.
  • EU confirms proposal to cut sulphur emissions from shipping
    Alignment with IMO sulphur limits for ECAs from 2015 and global limit in 2020 to cut ship sulphur emissions by 90%.
  • Rotterdam and Hamburg markets fall
    It was an average day of trading day in Hamburg.
  • IMO makes history with global GHG regulation for ships
    MEPC 62 adopts a new part to MARPOL Annex VI after dramatic session which forces a vote on the issue.
  • Week ends with dip in bunker prices at most major ports
    Demand for bunkers largely below average at key Asian ports on Friday.
  • Oiltanking Partners raises $215 million from IPO
    Sold 10 million of its common units for $21.50 each; begins trading in New York on Thursday.
  • Wärtsilä to design new generation box feeder vessel
    MARLIN series of container feeders able to acheive up to 30% improved fuel efficiency per TEU carried.
  • South China fuel oil stocks slightly down
    Volume of oil exiting the major oil terminals higher than the amount of cargo coming in.
  • Singapore fuel oil volumes fall to five-month low
    Stocks down 1.671 million barrels to 17.513 million barrels, according to International Enterprise data.
  • Aegean shares at new low
    Thursday's closing price lowest since the company's IPO in 2006.

›››File
FROM THE HOME PAGE
PSA announces a billion-dollar investment plan in the port of Genoa
PSA announces a billion-dollar investment plan in the port of Genoa
Rome/Singapore
The first phase focuses on the technological implementation and infrastructural adaptation of the PSA Genova Pra' terminal.
New logistics hub in London to boost rail freight through the Channel Tunnel
London
An investment of around £15 million is expected
Jeremy Nixon will hand over his position as CEO of Ocean Network Express to Till Ole Barrelet on July 1st.
Singapore
The German manager comes from Emirates Shipping Lines
The first three electric gantry cranes have been installed at the new intermodal terminal in Milan Smistamento.
Milan
At full capacity it will be able to handle up to 44 trains per day
Hong Kong government protests PPC's removal from Panamanian ports
Hong Kong/Beijing
Beijing government spokeswoman stressed that China will firmly protect the rights and legitimate interests of its companies.
European transport associations call for the CEF to be allocated at least €100 billion
Brussels
Chronic underfunding and financial shortfalls are lamented
The Panamanian government assigns the transitional management of the port of Balboa to APM Terminals and the port of Cristóbal to TiL
Hong Kong/Panama
CK Hutchison Holdings denounces the illegality of the terminal seizure and confirms the possibility of legal action.
Panamanian government seizes assets and equipment at the ports of Balboa and Cristóbal
Panama
The Panama Ports Company of the CK Hutchison group has been removed from the management of the two ports
Statement by rail and intermodal transport associations against gigaliners on European roads
Brussels
The current positions of the EU institutions - they denounce - all include elements that risk opening the door to a widespread diffusion of these vehicles.
The mandate of the EuNavFor Aspides mission has been extended until 28 February 2027.
Brussels
A budget of almost 15 million euros has been approved
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
Madrid
Santana: We believe that some aspects of the ETS should be monitored and, where necessary, revised.
Tidewater acquires Brazil's Wilson Sons Ultratug Participações for $500 million.
Houston
It has a fleet of 22 Platform Supply Vessels
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Washington/Suitland
An executive order confirming the suspension of the "de minimis" regime was also signed.
Slight growth in freight traffic in the port of Ancona in 2025
Ancona
Rolling stock slightly down. Passenger numbers significantly down.
Construction of the cruise terminal at Molo San Cataldo in Taranto will begin in October.
London
Global Ports Holding invests over €4.5 million
One dead and four injured on board the cruise ship World Legacy (formerly Moby Zaza )
Singapore
A fire broke out on the unit
SBB CFF FFS Cargo has sold 31 locomotives to Nordic Re-Finance
Bern
The Swiss company plans to equip itself exclusively with vehicles produced by Stadler Rail Valencia by 2035.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Hamburg
Containers boosted the growth. Volumes remained stable in the fourth quarter alone.
In the fourth quarter of 2025, the DFDS Group recorded a net loss of DKK -286 million.
Copenhagen
Last year, cargo traffic in Montenegro's ports grew by 1.6%.
Podgorica
Cargoes to and from Italy alone increased by +64.6%
To APM Terminals the 37.5% of the Southern Container Terminal of the port of Jeddah
The Hague/Dubai
DP World will keep the remaining 62.5%
Continues the bending of the traffic of the container in the port of Los Angeles
Los Angeles
In January decrease of -12.1%. Bown: the state of exports to China seems bad
In the fourth trimester of the 2025 the traffic of the goods in the port of Civitavecchia is increased of +8.6%
Civitavecchia
In the whole year growth was +3.1%
Samskip sells marine and logistic services with the United Kingdom and Ireland to the CLdN
Luxembourg/Rotterdam
The agreement includes rental agreements for over 5,000 multimodal load units
The Antitrust has reopened the procedure on the concentration between the Ignazio Messina & C. and the Terminal San Giorgio
Rome
The International Chamber of Shipping against the new harbour taxes programmed by the US government
Washington
Necessary - the association emphasizes - carefully coordinated political solutions
Norwegian Cruise Line Holdings orders three new ships from cruise to Fincantieri
Miami/Trieste
They are destined to the companies Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises
Hapag-Lloyd and ZIM agreed on a merger agreement
Haifa/Hamburg
The German company will pay up to $2.5 billion
America's Maritime Action Plan proposes a new tax on foreign-built ships from any nation entering U.S. ports.
Washington
It would be used to fund the new Maritime Security Trust Fund
Hapag-Lloyd to acquire Israeli ZIM
Hamburg
The German company will be responsible for international operations, while those in and with Israel will be assigned to the Tel Aviv-based private equity firm FIMI Opportunity Funds.
Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement
Dubai
It Kazim appointed president and Yuvraj Narayan managing director
Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven
Bremen/The Hague
CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa
Hong Kong
Tomorrow will be inaugurated the new container terminal of transhipment of Damietta
Bremen/Melzo
Its ability to annual traffic will rise up to 3,3 million teu
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
Nearly 12 million tonnes of CO2 avoided in 2025 for vessels coated with Jotun products
Muggia
Estimated fuel cost savings of approximately $2 billion
In 2025, intermodal traffic handled by Interporto Padova amounted to 381,031 TEUs (-7.5%)
Padua
Record production value recorded
In 2025, the Nola interport handled 2,000 trains
Nola
A 50% increase is expected in 2026
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.
Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port
Geneva
It occupies an area of over 100 thousand square meters
Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics
Rome
Monthly gross earnings increase at 750 Euros in three tranche
Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management
Sydney
It was unanimously approved by the Australian logistic group Cda
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
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
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
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.
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
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
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
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
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Livorno
Livorno Reefer to acquire stake in CSC
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
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
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
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
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
››› 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
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.
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