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Independent journal on economy and transport policy
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BRIEFS
June 27, 2011
The Business Timesweb site
Shipping News
  • China, Vietnam agree to resolve maritime dispute
    China and Vietnam pledged yesterday to resolve their maritime dispute through peaceful negotiations, a sign of easing tension over rival claims in the South China Sea which is believed to be rich in oil and gas.
  • Ore ship rents rise on busiest trade route
    A surge in hiring of vessels to haul iron ore has lifted transportation costs for the steelmaking ingredient to a six-month high on the commodity-shipping market's busiest trade route.

Sched Netweb site
  • APL passes on slow-steaming savings to shippers in surcharge reductions
  • Two Chilean boxships collide in Shanghai, 26 containers overboard
  • Shanghai index contracts for fifth straight week, but less than expected
  • More carriers and shipowners continue to order mega boxships
  • Japan extends anti-trust immunity to carriers for four more years
  • Grand China postpones announced weekly service to Australia
  • Manila's ICTSI, Port of Portland, Oregon state open logistics facility
  • First quay section at Rotterdam's Maasvlakte 2 development gets wet
  • Logwin wins spare parts distribution for Austrian STILL
  • Siemens Mobility wins massive cargo handling system contract from Delhi
  • Miami International Airport enlarges cargo handling footprint
  • Aloha Air Cargo takes delivery of first of two new Saab 340As

Exim Indiaweb site
  • AGS World starts CBD Belapur operations
  • Retailers upgrade cold chain infra to bring down wastage
  • El Salvador seeks Indian investment in ports
  • Engg goods exports jump 119 pc in May
  • Probe initiated against dumping of Japanese digital plates
  • DP World Nhava Sheva receives coveted environment award
  • Essar may pump in 600 cr. in Canadian port facility
  • Over three week strike at Cochin Shipyard called off
  • BCHAA felicitates outgoing Chief Commissioner, welcomes incoming officers
  • CONCOR commissions ICD-Khodiyar
  • CSC to set up cargo terminal at Delhi airport
  • Comm. Ministry to begin sectoral review of exports in July
  • Forex reserves climb a tad by $ 59 m
  • Govt gives nod to export extra 5 lakh t sugar
  • RBI may allow banks' MF arms to back infra funds
  • Silver imports tumble in May
  • MV Lone performs SAL's heaviest lift ever
  • PPG conference wraps up

International Transport Journalweb site
JUNE 24, 2011
  • Bangladesh identifies new locations for capital airport
    The Bangladesh Government has selected three locations for the construction of the new USD 7.2billion Bangabandhu Sheikh Mujib International Airport which will provide the country'...
  • Palletways sets record in Spain and expands to Germany
    The Palletways Group is growing despite the difficult economic conditons. In the past six years the English palletised freight service provider has expanded from three to twelve co...
  • New way bill regulations in France
    France has changed the requirements for a national way bill. Now, the new way bill is no longer bound to a particular form but it has to include some basic information, such as add...
  • Work in the Fréjus Tunnel
    Due to safety and maintenance work in the Fréjus Tunnel, traffic will be rescheduled next Sunday 26 June 2011 between 18:00 and 22:00. Furthermore, the 2nd, 9th and 23rd July 2011 ...
  • Dagab is Climate Comet of the Year
    Axfood's logistics company Dagab has received the eco-award 'Climate Comet of the Year'. The award is given by Green Cargo to a company that has made major improvements to the clim...
  • Double-track-line-Construction China-Myanmar started
    The work on a 330 km double-track railway line from Kunming in China to Myanmar has started. More than 75% of the line will be in tunnel or cutting given the mountainous terrain. 1...
  • CN to sell assets of IC RailMarine Terminal and enter into related 10-year coal transportation agreement
    North America's Railroad CN announced a definitive agreement to substantially sell all of the assets of IC RailMarine Terminal Company (ICRMT) to Raven Energy, LLC, an affiliate of...
  • Hitachi Transport System establishes an Australian subsidiary
    Hitachi Transport System, Ltd. (HTS) has established an Australian subsidiary, whose name is Hitachi Transport System (Australia) Pty. Ltd.. The Australian HTS Corporation was foun...
  • Gudrun Winner-Athens confirmed as chairwoman for Kombiverkehr
    The limited partners of the German Kombiverkehr KG have elected a new supervisory board. During which Gudrun Winner-Athens was confirmed as chairwoman. Helmut Eder of LKW Walter (A...
  • Rhenus-Group acquires deep-sea terminal in Rotterdam
    The Rhenus Port Logistics further enhance their involvement in Rotterdam: At Europe's biggest seaport, the logistics provider took over effective 1 Juni a 200,000 sqm deep-sea term...
  • Stena Line equips first ferry with wind turbine
    As the world's first shipping line, the Swedish Stena Line equips a ferry with 2 vertical wind turbines fixed to the bow of the vessel. The Stena Jutlandica which is used on the ro...
  • ICTSI Davao doubles reefer capacity
    Davao Integrated Port Services & Stevedoring Corp. (DIPSSCOR), port services provider in Sasa Wharf in the Port of Davao in southern Philippines and subsidiary of International...
  • Logwin assumes overnight transports for Still in Austria
    The worldwide acting logistics provider Logwin, based in Grevenmacher (Luxemburg) has acquired Still Gesellschaft m.b.H. in Austria as a new customer. Since March 2011 the manufac...
  • Roland Vimo heads new LH Cargo Charter office in Miami
    Lufthansa Cargo Charter Agency GmbH has opened an office in Miami. It will function as the basis for customer liaison and the development of the Latin American market. The Miami of...
  • Oman Air Cargo offers RFS on European roads with Jan de Rijk
    After the recent launch of an appropriate service in their home country, (see ITJ Daily dated 31 May) Oman Air Cargo with Jan de Rijk Logistics is using a freight feeder service fo...
  • Aircharter: Richard Thompson moves to New York
    Air Charter Service's New York office welcomes Richard Thompson as its new Cargo Sales Director, replacing Stuart Smith who has transferred to the company's Paris operation. Thomps...
  • Saudi Airlines Cargo increases the freighter fleet
    Saudi Airlines Cargo is expanding its freighter fleet by 3 additional B747's to increase frequencies on the scheduled services and create more capacity for the charter market. The ...

Marine Logweb site
JUNE 24, 2011
  • Ocean Rig UDW Inc. exercises drill ship option at Samsung
  • Innovative robot increases shipyard productivity
  • Navy shipbuilders join Shipbuilders Council of America
  • U.S.imposes sanctions on Iranian port operator
  • Good year for American Club

World Wide Shipperweb site
JUNE 24, 2011
  • APL alters surcharge scheme to factor-in slow-steaming
  • US rail freight numbers roll to positive side for week
  • Congressman pleased with progress for minorities at Coast Guard Academy
  • Diana Shipping inks deal for bulk carrier time charter
  • TITAN Salvage changing face of management team makeup

Lloyd's Listweb site
JUNE 24, 2011
  • Weak suezmax spot market pushes earnings below aframaxes
    But brokers believe a floor has been found on the benchmark West Africa to US route, preventing further falls
  • Australian capesizes break through the $8 per tonne barrier
    Prices hit three-month highs for iron ore destined for China as chartering activity picks up in Pacific
  • Korea Line charters out two VLCCs for five years to AET
    Annual rates of $27,000-$34,000 per day will not be enough to hit breakeven though, brokers say
  • DryShips takes plunge with seventh Samsung drillship newbuilding
    Option exercised against background of strengthening ultra-deepwater market
  • Iran sanctions: who stands to lose out
    Port suppliers also hit, with complications developing if contract included maintenance
  • Maersk Line poised to axe Bandar Abbas services
    Top carriers consider action after US targets Iranian ports operator Tidewater Middle East over alleged link with Revolutionary Guards
  • IRISL poised to sue Brussels for sanctions damages
    Iranian box line says the EU has not proved it has engaged in outlawed trade
  • Rise in new lower-rated tonnage is potential problem for P&I Clubs
    Standard warns erosion of premium base would mean future claims could not be met
  • Transpacific shippers renege on contracts as rates soften
    Ocean carriers are now the complaining as customers fail to meet minimum quantity commitments
  • Hamburg joins its rivals in offering green ship discounts
    Port follows Antwerp and Rotterdam in reducing fees by up to 10% for vessels that fulfil ecological standards
  • Maersk to use 'fines' to cut container no-shows and missed sailings
    Pilot scheme sees huge impact on operating costs as downfalls drop from 40% to 4%
  • Rise in shipmanagers recruited for arrest work
    Graig Ship Management providing more services to banks from a debt perspective
  • Newhaven outlines growth masterplan
    UK port to target offshore windfarm logistics and develop an existing ferry link
  • Ports could be influential in reducing greenhouse gas
    One of the least polluting links in the maritime supply chain could still encourage others to cut emissions
  • US business logistics costs up 10%
    Maritime costs up 14%, with overcapacity set to be a problem for 'several years'
  • Rotterdam sets out its stall for 20 years of growth
    Rise in container volumes means greater need for better links to the hinterland and to inland terminals
  • Socking it to Iran
    The US sanctions against Tidewater Middle East could hurt friends as well as enemies
  • Lest we forget our seafarers
    If the Day of the Seafarer is ever going to be more than a nine-day wonder, it is up to the industry to put its shoulders behind the IMO and fight rather harder for its employees
  • Downfall or triumph?
    Maersk's introduction of a "no-show" charge can be justified, but it remains unclear how shippers whose cargo is rolled over will be compensated
  • Global Ports Investments raises $534m in IPO
    Proceeds to fund capital investment programmes in Russian ports segment
  • UK coastguard must be cut despite parliamentary outcry
    Maritime and Coastguard Agency chief says that even if government proposals are amended, the status quo must go
  • Seanergy opts for one-for-15 reverse split
    Restis-backed dry bulk owner reaches for maximum authorised ratio to combat sinking share price
  • Big egos will keep dry bulk sector small and fragmented
    Owners say consolidation will only occur if banks force struggling players to do so

Fairplayweb site
JUNE 24, 2011
  • GPI sells below target
    RUSSIA'S Global Ports International has sold shares in its London IPO this week below their price target, bank sources told Fairplay today
  • India defends Suez response
    THE INDIAN government told Fairplay today that there were "misunderstandings" surrounding its role in the rescue of seafarers on board the general cargo ship Suez
  • Capesizes sought for Richards Bay/China
    BROKERS told Fairplay today that there is emerging interest in hiring Capesizes to ship South African steam coal to China
  • Weser deepening moves closer
    DEEPENING of the Germany's river Weser for ultra large container ships has received backing from the state governments of Bremen and Lower Saxony
  • Kremlin holds reins on grain
    RUSSIA'S government has announced that it will impose a penalty duty on grain exports if domestic prices reach 6,500 rubles ($232) per tonne
  • Seafarers given $75 in 'danger pay'
    SEAFARERS have reported that they are being paid $75 in 'danger pay' to travel through areas at a high risk of piracy, Fairplay has been told
  • MCA revises cuts plan
    A REVISED plan for changes to the UK's coastguard will be submitted by the UK's Maritime & Coastguard Agency following criticisms from a parliamentary committee, Fairplay has been told
  • Clean products provide mixed bag
    RATES for long-range clean products shipments picked up this week on higher demand from Japan, but mid-range voyages from Singapore to East Asia suffered from oversupply
  • Public entries plotted
    MANY PRIVATE owners are hoping to tap public equity and debt markets, according to a new survey by Marine Money and ABN AMRO
  • Six win at SASI Awards
    Five organisations won trophies at last night's Safety at Sea International Awards, hosted by Fairplay's sister publication, Safety at Sea International
  • Penny stocks split
    TWO NASDAQ-listed companies with heavily depressed stocks have confirmed extremely high ratio reverse stock splits to bolster their share prices
  • LNG sentiment surges
    THIS WEEK'S Marine Money conference in New York has been dominated by extremely bullish views on the LNG sector amidst gloom on drybulk and crude tankers
  • Singapore seeks port workers
    SINGAPORE today launched a training scheme for up to 10,000 port workers
  • India makes play for global ports
    INDIA is planning to set up a company to invest in overseas ports and container terminals, similar to Dubai's DP World and Singapore's PSA, Fairplay was told today
  • Tanker shares drop on IEA move
    SHARES in leading listed tanker companies were mostly trading slightly lower in Europe this morning after sustaining heavy losses yesterday in New York

The Journal of Commerceweb site
JUNE 24, 2011
  • Horizon Wins Bank Loan Amendment
    Horizon Lines said its banks agreed to relax their financial covenants under the carrier's revolving credit facility, preserving the carrier's...
  • US, EU Agree on Supply Chain Mutual Recognition
    The U.S. and European Union plan to implement mutual recognition of their supply chain security programs by the end of...
  • Rail Automobile Shipments Reach Two-Month High
    Shipments of automobiles and other vehicles on North American railroads jumped to their highest point since mid-April in the week...
  • Energy Department Rescinds Crude Oil Transport Waiver
    The Department of Energy reversed its position within 24 hours on the use of Jones Act vessels for transportation of...
  • CARB Extends Clean-Fuel Zone
    The California Air Resources Board is extending the zone in which vessel operators in Southern California must burn low-sulfur fuel,...
  • Deal Clears Way for Major Chicago Rail Project
    A new agreement between Norfolk Southern Railway and the Illinois Department of Transportation will allow work to start on a...
  • Russia's Global Ports IPO Raises $534 Million
    Global Ports raised $534 million from an initial public offering in London valuing Russia's biggest container terminal operator at $2.35...
  • US Steel Imports Rose 5.6 Percent in May
    U.S. steel Imports increased by 5.6 percent in May from April, according to preliminary government figures. "The increase...
  • Surcharge, Freight Rate Updates for June 20-24
    Freight costs on shipments from India to West Africa will go up substantially effective July 1 following a port congestion...
  • Carriers Implementing Fees for No-Show, Rolled Shipments
    Ocean carriers are moving toward space and volume guarantees in agreements with shippers that include fees on both shippers and...
  • Durable Goods Orders Rise 1.9 Percent
    New orders for U.S. manufactured goods rose 1.9 percent in May, buoyed by a jump in aircraft sales, and the...
  • Hub Group's CEO on Intermodal Outlook
    Hub CEO Yeager tells Journal of Commerce Associate Editor John Boyd that he expects this year's peak season to follow...
  • APL Fuel Surcharges to Reflect Slow-Steaming
    APL, in a strong move toward appeasing a primary concern among shippers, will introduce a new fuel surcharge formula on...
  • Industrial Real Estate Sector Bouncing Back
    The U.S. economy may have hit a soft patch, but the industrial real estate sector has rebounded strongly from the...
  • Trucking Group Urges Obama to Expand Offshore Drilling
    The American Trucking Associations hailed the release of oil from the Strategic Petroleum Reserve but urged the White House to...
  • Virginia's Intermodal Crossroads
    Front Royal, Va., is one of those little towns along the Shenandoah River known for its Civil War history, gorgeous...
  • Intermodal's Third Generation
    Intermodal infrastructure development in the United States is at a juncture that could lead to the development of a third...
  • Midwest's Centers of Attraction
    Activity in the industrial real estate sector is building after being in the doldrums for more than two years. ...
  • China's Labor
    China has known for some time that growth based on mass migration of farm workers to faraway cities on the...
  • Buying China
    If you're wondering where the inventory restocking went, you have to look at Wuhan, Chongqing or even Chengdu. That's...

Containerisation Internationalweb site
JUNE 24, 2011
  • APM T: JNP 'revenue did not match expenditure'
  • Bunker prices set to fall as IEA taps reserve
  • Gregory bullish on CMIT's prospects
  • LB approves FY 2012 capital budget
  • Chilean operated boxships collide

TradeWindsweb site
JUNE 24, 2011
  • Grool abandons Wallem Group
    Hong Kong-based shipmanager prepares to pursue 'new opportunities' with new recruit as top boss steps down.
  • Knightsbridge stacks the shelf
    Nasdaq-listed owner joins Golden Ocean in setting stage for $250m fundraising exercise.
  • Grandframe chops vintage cape
    Hong Kong shipowner poised to pocket $12m from demolition deal involving 1985-built bulker.
  • Blida crewman pleads for freedom
    Algerian seafarer calls on his government to do more to release Greek-managed bulker from pirates.
  • Mr Doom telling it like it is
    Tor Olav Troim risks the wrath of the supreme being, while Morten Arntzen takes a stand against bonus culture.
  • Polar Star attracts interest
    Buyers circling Antarctic cruiseship held in Spain after Karlsen Shipping went into receivership.
  • Norway glued to coast coverage
    Over half the country's population tune in to watch coastline beamed live over the internet from cruiseship camera.
  • Ports blacked, CMA CGM accused
    Port operator joins US designated blacklist as French line continues to protest innocence.
  • GPI seeks $500m bounty from IPO
    Russia's Global Ports Investments eyes over half a billion dollars from London listing.
  • Suez crew: "Tortured by drunks"
    Indian seafarers relive horror of 10 months at the mercy of sadistic Somali pirates on Egyptian cargoship.
  • Norwegians go cruise crazy
    Live footage from Hurtigruten's Nordnorge breaks TV ratings records.
  • RCL takes more from DnB
    Thai owner's Singapore operation arranges credit line worth up to $85m in second deal with Nordic lender.
  • Cochin strike called off
    Contract workers end costly 20-day walk-out at Indian yard as bosses strike deal.
  • George back at Samsung
    George Economou's OceanRig takes up $600m option on drillship at Samsung Heavy Industries.
  • Clarksons calls survival shots
    Stacking of ships and slow steaming on a large scale required for VLCC owners to ride out downturn, Clarksons says.
  • Wisdom claims a victim
    Man drowns while trying to get close to cargoship stranded off Mumbai in bid to take picture.
  • CMA-CGM ship in SF drama
    Norma, caught up in dispute with San Francisco pilots over two-man units and 50% surcharge, suffered engine failure, with tugs to the rescue.
  • Mosvold axe still hanging over AHTS
    DnB Nor says Otto Marine's court victory over Norwegian owner will not save a third anchor handler newbuilding from the chop.
  • Billung:'Headlines too negative'
    Golden Ocean boss Herman Billung says the dry-cargo downturn will not bite as hard as many are expecting.
  • D'Amico's tanker top-up
    The price is right, says the Italian operator as it swoops for another medium range product tanker.
  • India plans major port push
    DP World and PSA International will face some fresh competition in the shape of $550m start-up Indian Ports' Global, it is claimed.
  • Bad booze kills four seafarers
    Quartet of Russian seafarers from Azia Shipping vessel lose their lives after drinking local Indonesian brew.
  • Seanergy stock split set in motion
    Dale Ploughman-led Seanergy Maritime follows Top Ships in revealing reverse stock split.

American Shipperweb site
JUNE 24, 2011
  • GAO faults U.S. food aid sales program
    A 27-year-old federal program authorizing the sale of U.S. food aid commodities in developing countries to fund development has largely failed, according to ananalysis by a congressional watchdog agency . The Government Accountability Office found...
  • Diana adds fifth ship to fleet
    Diana Containerships, a containership owner and operator that charters vessels to liner companies, said it took delivery earlier this week of a Panamax container vessel, theMaersk Malacca.Built in 1990, it has 4,714 TEUs of capacity. The ship is ch...
  • Rickmers gets two Maersk-bound megaships
    German-based carrier Rickmers said Friday it will soon take delivery of two new 13,100-TEU containership to be chartered to Maersk Line. TheTauro Rickmers,delivered May 31, and theLibra Rickmers,to be delivered at the end of July, are the final ves...
  • APL unveils slow steaming bunker formula
    Container shipping line APL said Friday it will implement a fuel surcharge formula in the transpacific trade in July to account for the financial impact of slow steaming.The new formula results in a somewhat lower bunker surcharge, effective July ...
  • Obama Jones Act waiver attacked
    A group representing domestic shipping companies is attacking the Obama administration's decision to allow any tanker to carry oil released from the Strategic Petroleum Reserve (SPR). Energy Secretary Steven Chu on Thursday announced the United St...
  • Volatility of markets, rates
  • Washington Notebook

The Bunker Bulletinweb site
JUNE 24, 2011
  • Bunker prices show month of fluctuations
    The BWI tracked the WTI rise throughout early June and followed its decline from mid-June.
  • Day of the Seafarer - the bunker angle
    Bunkerworld would like to join the IMO to mark the Day of the Seafarer and say: Thank you, seafarers.
  • Bunker markets fall in the Americas
    Crude prices settled slightly higher on Friday.
  • MEPC 62 to address hull fouling
    Hopes are high that international measures to address invasive species will be adopted.
  • Transport companies' shares rebound on lower fuel costs
    Some analysts feel that the dip in crude could result in gains for aviation and shipping companies.
  • Shell signs carbon capture and storage agreement
    Project will store over one million tonnes of carbon dioxide per year.
  • Russian terminal operator raises $534 million in IPO
    This converts to new and existing shares valued at $15 per global depositary receipt (GDR).
  • C-Fuels America announces new hire
    Svetlana Piterova will be responsible for 'all post-fixing tasks.'
  • Fujairah prices drop by double digits
    Deliveries available up to and including July 8 in Cape Town.
  • Bunker markets weaken
    MGO prices in Rotterdam and Hamburg at their lowest levels in four months.
  • China to cut import duty on fuel oil
    Move could lead to an increase in demand for residual product.
  • Hamburg to offer 'clean-ship' discounts from start of July
    'We are promoting the use of ever-cleaner ships," says port's Managing Director.
  • High bunker prices piling pressure on VLCC operators
    Slow steaming could help, but it would have to be employed on 'a large scale', says Clarksons' analyst.
  • Regulators to move against ships 'by-passing' low-sulphur zone
    Shipping Association fails to block extension of Californian 'clean fuel zone.'
  • Week ends with drop in bunker prices at key Asian ports
    Increased demand for bunker fuel on Friday.
  • Chinese player enters bunkering market at Tianjin port
    China Changjiang Bunker intends to start bunkering at Tianjin port from early July.
  • APL lowers fuel surcharge on slow steaming gains
    'We have developed a more transparent approach,' says shipping line.
  • Maersk 'disappointed' with reaction to New Zealand low-sulphur switch
    Company has not seen any 'tangible action' apart from 'positive words,' says CEO of Maersk Lines Asia Pacific.
  • Sri Lankan ports investments to boost bunkering
    SLPA secures $2.5 billion in local and foreign investments to develop Colombo and Hambantota.

›››File
FROM THE HOME PAGE
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Washington/Southampton/Rotterdam
Meanwhile, another tanker, the "Stolt Magnesium", was hit by a missile near Oman
European shipowners call for permanent derogations from the EU maritime ETS after 2030
Brussels
Exemptions for connections with islands and outermost regions, for polar class vessels, for transnational public service obligations and for search and rescue activities
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
Two VLCCs operated by the UAE's ADNOC were attacked in the Strait of Hormuz.
Abu Dhabi/Tampa
US Central Command announces reinstatement of blockade on maritime traffic in and out of Iranian ports
Trump announces a tax on goods passing through the Strait of Hormuz protected by the US
Washington/Portsmouth
Expected to be equal to 20% of the value of the transported loads
Six-monthly vessel traffic in the Straits of Malacca and Singapore increased by +3.7%
Port Klang
In the second quarter of this year alone, a decrease of -0.5% was recorded
In May, naval traffic in the Suez Canal increased by +15.0%
Cairo
In the first five months of 2026, 5,696 ships passed through the port (+12.7%)
OOCL records sharp increase in containers carried by its fleet
Hong Kong
In the April-June quarter, revenues generated by this activity grew by +19.8%
Strait of Hormuz, a container ship was attacked near the coast of Oman
Muscat/Portsmouth/New Delhi/Tampa
Fire on board. One crew member missing. 23 other sailors rescued.
At the port of Marseille-Fos, general cargo traffic is increasing while bulk cargo is decreasing.
Marseille
In the first half of 2026, cruise passengers increased by +5%
The Swedish government is calling for the EU maritime ETS to be extended to more vessels.
Stockholm
Stockholm stresses the need for the ETS to remain a pillar of EU climate policy
Assiterminal will bring the issues of concession fees, investments and intermodality to the attention of politicians.
Genoa
Proposal to grant a concession fee discount to terminals that increase rail traffic
Pirate attacks on ships continue to decline
London
In the first half of this year, 38 accidents occurred compared to 90 in the first six months of 2025.
There are still six thousand sailors trapped in the Strait of Hormuz region
London
Dominguez (IMO): I remain confident that the evacuation plan can be resumed
A study highlights the significant costs and counterproductive effects of the application of the EU ETS to maritime connections with western Sicily
Palermo
For the Naples-Palermo and Genoa-Palermo routes the annual cost varies between 2.9 million and 19.9 million euros.
Fincantieri to build third ultra-luxury cruise ship for Four Seasons Yachts
Trieste
The unit will be built in the Ancona plant and will be delivered in 2031
Fermerci urges the search for resources to support rail freight transport.
Rome
Paper: from the remodulation of the PNRR we expect that resources will finally be allocated to compensate for the damages that operators are suffering
Another tanker hit by a drone in the Strait of Hormuz
Southampton
The device caused limited structural damage
New attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit by a shell which started a fire
Evergreen founder's son investigated for insider trading
Taipei
He was released on bail today
ECSA: Shipping receives a cut of its EU maritime ETS payments.
Brussels
Italy, ranked third in Europe, earns €669-787 million. Only France and Estonia allocate a specific portion of this revenue to the maritime sector.
Fincantieri acquires Next Geosolutions, WSense, Graal Tech, and Defcomm to develop the underwater segment
Trieste
The first phase of operations involves an outlay of approximately 600 million euros
A new attack on a ship in the Red Sea raises alarm over a possible resumption of Houthi actions.
Portsmouth
The accident occurred 30 nautical miles southwest of the port of Hodeidah
The Regional Administrative Court (TAR) has accepted the appeal for the annulment of the environmental impact assessment decree for the Fiumicino tourist and cruise port.
Rome
The project - explains the ruling - although speaking of a "prevalent" recreational function, actually foresees a very significant cruise component.
Transport & Environment calls for the introduction of national cruise taxes and further EU measures to mitigate their impact
Brussels
Assiterminal's proposals for amending the Ports Bill focus on port work
Genoa
According to the association, the distinction between port operations and services must be overcome
Assologistica and Assoporti also request changes to Porti d'Italia Spa.
Rome
Both associations highlight the central role of the Port System Authorities
Peruvian judiciary rules that COSCO's private port of Chancay must be subject to public oversight
File
The corrections proposed by Confitarma, ANCI, the Port Authorities and the Italian Competition Authority (AGCM) to the port governance reform
Rome
AP Møller Holding to acquire Norwegian ship leasing company Ocean Yield
Copenhagen/London/Oslo
Holds interests in a fleet of more than 70 cargo vessels
CMA CGM to Invest $1.4 Billion to Buy FedEx Supply Chain
Memphis/Marseille
The American company has nearly 10,000 employees
Brittany Ferries announces plan to scale back operations
Roscoff
The company reports that the difficulties caused by the Covid pandemic and unfair competition have been compounded by the effects of the EU ETS.
ITF and JNG agree to maintain the designation of the Strait of Hormuz as a Warlike Operations Area until July 9
London
It provides seafarers with greater protection and more adequate compensation
Assiterminal highlights the difficulty of placing Porti d'Italia, as proposed by the government, within the Italian port system and within Community law.
Rome
Cargo traffic at Chinese seaports fell by -0.4% in May
Beijing
Containers amounted to 27.5 million TEUs (+2.9%)
The administrative process for the new Port Master Plan for Augusta has begun.
Augusta
TiL (MSC Group) acquires 49% stake in Indian port of Vizhinjam
Mumbai
The stake was sold by Adani Ports for $1.4 billion
Hanseatic Global Terminals (Hapag-Lloyd Group) to acquire 20% of Eurogate Container Terminal Hamburg
Hamburg
The German shipping group will also increase its stake in the Moroccan Tanger Alliance
La Spezia is among the Italian ports that are most increasing their connections to container shipping lines.
Geneva
Among the other main national airports, Vado Ligure and Ravenna are losing connections
Spanish shipowners call for EU maritime ETS revenues to be reinvested in shipping
Madrid
Boluda: Spanish companies will inject over five billion euros into the system by 2030
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Manama
Rejected any toll, tax or attempt to exercise control over the Strait
IMO suspends evacuation operations for ships awaiting transit through the Strait of Hormuz
London/Taipei
Evergreen says its container ship was hit while following the UKMTO-recommended route.
Four entities pre-qualified for the concession of the cargo terminals of the Ukrainian port of Chornomorsk
Gdansk
These are APM Terminals, Mariner/TAS, Yilport Holding and AD Ports/SKF Holdings UK
New attack on a ship transiting the Strait of Hormuz
Southampton
The container ship Ever Lovely was hit by a shell off the coast of Oman.
In 2025, 1,478 containers were lost at sea out of a total of 280 million transported by ships
Washington
On January 1st, the IMO regulation came into force which makes reporting of boxes lost at sea mandatory
BIMCO and ICS' latest report on the maritime workforce raises alarm over officer shortages
London/Bagsværd
In 2026, there will be a shortage of 39,100 STCW certified officers.
In 2025, intermodal traffic handled by Kombiverkehr decreased by -13.5%
Frankfurt am Main
Annual revenues down 8.3%
The government's proposal to update the rules on port governance raises more than one doubt
Rome
Costa: The lack of infrastructure planning cannot be solved with a joint stock company
MSC Cruises and Meyer Werft have not yet signed contracts for four new cruise ships plus two options.
Papenburg/Geneva
The companies expressed confidence that they could successfully conclude negotiations in the coming weeks.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
Geneva
In the second quarter of 2026 it was equal to 290.0 (+2.3%)
AD Ports has completed the acquisition of an 81% stake in Global Feeder Shipping.
Abu Dhabi
In 2025, the company's ships carried 2.8 million containers
An evacuation plan has been established for ships still waiting to transit the Strait of Hormuz.
London/Muscat
Dominguez (IMO): The operation will be carried out in close cooperation with Iran, Oman, all other coastal states in the region, the USA and the maritime industry
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Miami
Fuel costs rise to near-record levels in 2022
Reducing navigation speed and optimizing port calls are the key to decarbonizing shipping
Copenhagen
A new study by the Global Maritime Forum highlights this.
ECSA and A4E reiterate the need to allocate EU ETS revenues to the decarbonisation of ships and aircraft
Brussels
Essential to bridge the price gap between sustainable and conventional fuels
AD Ports' new bid to gain control of Egypt's ALCN rejected
Cairo
A new proposal worth approximately $580 million has been submitted.
John Denholm is the new president of the International Chamber of Shipping
Rome
He succeeds Emanuele Grimaldi, who has completed his four-year term
A ship was hit by a drone in the Black Sea
Odessa
One of the nine crew members died
Port of La Spezia: Dredging of the third port basin and navigable canal begins.
La Spezia
Yesterday, 25 ships passed through Hormuz, the highest daily number since April 18.
Singapore
Since March, the average has been 7.6 transits per day
Interferry calls on the EU to implement the EES pragmatically, or to suspend it
Victoria
The upcoming high summer season - the association denounced - risks suffering serious inconveniences
In the first three months of 2026, freight traffic in French ports increased by +3.8%
Paris
General cargo and solid bulk cargo are growing. Liquid bulk cargo remains stable.
BIMCO and Intertanko stress that there are still significant risks to the Hormuz crossing
Copenhagen/London
In April, freight traffic in the ports of Genoa and Savona-Vado Ligure grew by +1.7%
Genoa
The Boards of Directors of the Basins and Maritime Stations Authority have been renewed.
After more than 100 days in the Persian Gulf, Grimaldi's PCTC Grande Torino has passed through Hormuz
Naples
Transit authorized by the Ministry of Foreign Affairs of the Islamic Republic of Iran
US-Iran agreement signed to restore naval traffic through Hormuz
Islamabad/Tehran
Lifting of the American naval blockade and demining of the waters
Assocostieri, port governance reform should take into account the specific nature of strategic energy infrastructure in ports.
Confitarma rejects any form of toll in the Strait of Hormuz.
Naples
Zanetti: We reaffirm the fundamental principle of freedom of navigation.
Federagenti proposes to allocate the concession fees proportionally to Ports of Italy and the AdSPs to finance the new joint stock company
Rome
DP World in talks to build container terminal at Texas port of Corpus Christi
Charlotte/Los Angeles
Container traffic at the Port of Los Angeles grew by 17.2% last month.
Assarmatori criticizes Brussels, but also Rome, for what they are doing to decarbonize the shipping industry.
Rome
Messina: A return to normalcy in the Strait of Hormuz will not be immediate.
US firm Enstructure buys Logistec's US port terminal network
Wellesley/New York/Montreal
It operates a total of 84 terminals in the USA
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
ZPMC Delivers New Ultra-High Wind-Resistant Port Cranes
Shanghai
The world's tallest rail-mounted reach stackers for empty containers have also been built.
Peninsula and Itochu form joint venture to supply ammonia bunkering to European ports
Gibraltar
The initiative in response to the growing demand for zero-carbon fuels
Konecranes announced its entry into Japan
Helsinki/Tokyo
Acquisition of 70% of Mitsubishi Electric FA Industrial Products
Saipem wins $2 billion contract in Indonesia
Milan
Seven IMO regional coordinators have been introduced who will provide technical support to the organisation's Member States.
London
Jadrolinija has inaugurated its new fast maritime service Ancona-Zadar
Ancona/Zara
It provides five departures per week and a crossing of approximately four hours.
Hapag-Lloyd to reorganize services in the Adriatic
Hamburg
The port of Ancona, removed from the ADX line, will continue to be served by the IAS service
Eleven nominations for the eighteenth edition of the ESPO Award
Brussels
This year's theme is dual-use port-city projects
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Jotun COSCO Marine Coatings signs agreement with COSCO Shipping Bulk for 125 new vessels
Sandefjord
Advanced hull performance solutions will be implemented
Maersk issues first order for new containers produced in India
Copenhagen
Local production has been stimulated by the introduction of incentives
Last May, freight traffic in the port of Ravenna grew by +3.4%
Ravenna
An increase of +10.6% is expected in June
Sardinia's Port Authority spent approximately €157 million in PNRR funds
Cagliari
Achievement of the targets expected by June 30, 2026
Hannibal will inaugurate a new intermodal service from Melzo to Rotterdam Europoort on July 8th.
Melzo
Six weekly trains are scheduled that will be able to carry up to 38 cargo units
PSA to build and operate container terminal at Vietnam's Lach Huyen port
Singapore
Agreement with Lach Huyen International Logistics & Industrial Park
Sandro Bucchioni and Andrea Fontana confirmed as presidents of the La Spezia freight forwarders and maritime agents.
La Spezia
New two-year mandate
Konecranes has acquired the nuclear and port services segment of Spain's Coapsa.
Hyvinkää
The company has an annual turnover of approximately four million euros.
PSA Italy presented its 2025 Sustainability Report
Genoa
The document highlights, among other things, the employment data and the economic impact on the territory
The Central-Northern Adriatic Port Authority confirms the completion of the projects financed by the PNRR
Ravenna
Mirco Carloni has taken office as president of the Central Adriatic Port System Authority.
Ancona
The Grimaldi Group has taken delivery of the new PCTC Grande Oriente
Naples
It will be placed on the Asia-Europe route
Port of La Spezia: 60 Sea Log workers rehired by other port companies
La Spezia
Pisano (AdSP): very satisfied with the positive conclusion of this dispute
The Central Adriatic Port Authority announces that it has achieved its objectives under the PNRR
Ancona
The funds coming from the plan financed by the European Union amounted to 39.6 million euros
A workshop on cold ironing and related risks and insurance solutions will be held in London.
London
Rossi (ADVANT-Nctm): effective infrastructure development must necessarily take into account legal and insurance aspects
Fincantieri signs an agreement in Albania for shipbuilding training.
Trieste
Skills development for the growth of the new Pashaliman naval industrial hub
Reorganization of ro-pax traffic areas in the port of Catania
Catania
Ferries will no longer be moored on the central jetty or along the eastern breakwater
Maersk raises fiscal 2026 forecast
Copenhagen
Continued growth in demand for containerized shipping and increased spot rates
Green light for the awarding of railway shunting services in the ports of Savona and Vado
New trucking area in the port of Genoa
The Italian Ports Association will hold its assembly in Naples on Wednesday.
Rome
The discussion on port governance reform will be at the heart of the proceedings.
Registration for seafarers' registers is now open to non-EU citizens residing in Italy.
Genoa
Vidotto (Foundation of the Italian Merchant Marine Academy): a step towards civilization
Project to build shipyard in Tartous port expected to accelerate
Damascus
Meeting between a delegation from Kuzey Star Shipyard and the leaders of the Syrian General Authority for Ports and Customs
Port of Gioia Tauro: Work to reactivate hauling and launching operations has been completed.
Gioia Tauro
These operations had been at a standstill since 2024
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will take place in Genoa on July 1st.
Genoa
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
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
In Spain, €11.8 million in eco-incentives have been allocated for the use of motorways of the sea.
Madrid
163,672 shipments made by 32 companies subsidized
ABB has signed an agreement to buy Norwegian marine automation company Høglund.
Zurich
The Tønsberg-based company's integrated automation system is currently installed on over 600 vessels.
Port of Gioia Tauro: tender launched for the redevelopment of the ro-ro docks
Gioia Tauro
Worth 5.6 million euros, the works will last 210 days
Grimaldi confirms the important role of the port of Catania in its strategies
Catania
The aim is to increase services and make existing ones even more efficient.
Annual growth of +6% in cruise traffic and +2% in ferry traffic is expected in the Adriatic
Venice
It is the only Mediterranean region to have recorded a decline in cruises in the period 2019-2025
PSA Padova established to develop and manage the Padua intermodal terminal
Padua
The shareholders of Interporto Padova and Padova Hall have approved the merger plan
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
Spediporto has opened its own representative office in Hong Kong
Genoa
Giachero: the opening of this desk is also an opportunity for young people
Arcese, Conti and Cosulich establish a company for the port logistics of finished vehicles
Livorno
HMM orders eight bulk carriers and two gas carriers
Seoul
Investment of approximately 1.1 billion dollars
MPC Container Ships has purchased four 7,000 TEU containerships built between 2023 and 2024.
Oslo
Investment of 340 million dollars
FedEx posts record quarterly and annual revenue
Memphis
Total revenues in fiscal year 2026 amounted to $94.7 billion (+7.7%)
Geopolitical uncertainty has become the main risk for shipping
Munich
Evergreen purchases 140,500 new containers in China
Taipei
Investments totaling $358.9 million
Yesterday, the Strait of Hormuz was crossed by 42 commercial vessels
Paris
For the first time since the beginning of the conflict, several LNG tankers entered the Persian Gulf
Memorandum of Understanding for the Launch of Drone Use in the Port of Palermo
Palermo
Submission of the request for the establishment of U-Space
Saipem wins new $1 billion offshore contract in Angola
Milan
It was awarded by Azule Energy for the Greater PAJ project
Port of Ancona: Dredging work has begun on the seabed of quay 22.
Ancona
Approximately six thousand cubic meters of sediment will be removed
Confitarma welcomes clarifications regarding ship waste collection management.
Rome
The need for uniform application of the legislation throughout the country was highlighted.
The Tuscan Cooperation Development Fund invests in Uniport Livorno.
Livorno
Operation for a total of 880 thousand euros carried out together with co-investor Coopfond
Fit-Cisl, recognizing dock work as arduous is a priority
Genoa
Pagnotta: This is not a corporate claim, but a question of social justice.
Hupac increases weekly rotations between Antwerp and Busto Arsizio via France to four.
Noise
Two additional departures of the intermodal service introduced
From July, the tariff for naval transit through the Turkish Straits will increase by +14.9%.
Istanbul
It will be raised to $6.70 per net tonne
Fincantieri and Republikorp sign agreement to build multipurpose naval vessels in Indonesia.
Paris
The establishment of a joint venture is planned
Study on the divergences between the EU Ship Recycling Regulation and the Hong Kong Convention
Brussels/London
It has been published by ECSA and ICS
The 2026-2028 POT of the Southern Tyrrhenian and Ionian Sea Port Authority has been approved.
Gioia Tauro
Approval also granted to the 2026 budget forecast variation and to the update of the Port's Staffing Plan.
Autonomous Navigation: ABS, Polaris Shipping, HHI, and AVIKUS Sign Agreement
Athens
It will be tested on a VLOC under certain low-risk conditions
Tomorrow in Sant'Agnello (Naples) the inauguration event of the Italy Branch of The Nautical Institute
London
The topics of discussion will include energy transition in the maritime industry, maritime education and training.
The Municipality of Bologna is reconsidering the divestment of its stake in Interporto Bologna.
Bologna/Bentivoglio
An institutional delegation from Flanders visited the interport
Eni and Fincantieri sign agreement to develop innovative underwater monitoring technologies.
Milan/Trieste
Agreement focused on Eni's "Clean Sea" technology
In 2025, LNG consumption in Italy grew by +11% driven by industry and new uses, with the debut in the naval segment
Rome
Amadei (Federchimica LNG Group): Use ETS and FuelEU revenues to support investments and deployment of lower-carbon fuels.
RT&L partners with China's Guangzhou Salvage to strengthen its project cargo segment
Genoa
Bizzarri: the sector is characterised by wide margins for development and profitability
Last year, cargo traffic in Greek ports amounted to 140.8 million tons (-1.5%)
Piraeus
Goods volumes remained unchanged in the fourth quarter only
The International Container Study Center's board and governing body have been renewed.
Genoa
Filippo Gallo confirmed as president and Paolo Pessina as vice-president
Catani (GNV): allocate ETS proceeds to the development of synthetic fuel production chains.
Rome
Resources - he specified - also for port infrastructures and the reduction of the cost differential compared to traditional fuels
Consultation launched on plans to expand the port areas of Fos
Marseille
The goal is to involve residents and local stakeholders
Somec signs €60 million contract with Finnish shipyard
San Vendemiano
One of the most complex interventions ever entrusted to the Horizons division
Daniele Rossi, former president of the port of Ravenna, has passed away.
Rome
He led the port authority for over eight years
ONE will remove calls in Greece and Türkiye from its Adriatic Service 1 service.
Singapore
In Italy it touches the ports of Venice and Ancona
The first phase of the APM Terminals terminal in the port of Suape has been inaugurated.
Suape
It will become operational in the second half of this year
Container traffic increased in May at the ports of Singapore and Hong Kong
Singapore/Hong Kong
Singapore sets record bunkering levels for liquefied natural gas and pure B100 biodiesel
Vavassori confirmed as president of the Lombardy Association of Freight Forwarders and Haulers
Milan
Albertina Schiavoni and Mario Zini have been appointed vice-presidents
The president of Angopi receives the first professional certificate of competence as a mooring man.
Savona
The certificate must be renewed every five years.
Fincantieri has delivered the new cruise ship Mein Schiff Flow to TUI Cruises.
Hamburg/Monfalcone
With a gross tonnage of approximately 160,000 tons, it has a capacity of approximately 4,000 passengers.
In the first three months of 2026, freight traffic in the port of Palermo decreased by -6.3%
Palermo
Traffic also decreased in the ports of Termini Imerese, Trapani, and Licata. Increases occurred in Porto Empedocle and Gela.
The Antitrust Authority has not given its final approval for the acquisition of Armas' assets and activities by Baleària.
Barcelona
Set a series of conditions
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
VARD to build a new generation fishing vessel
Trieste
It was ordered by the Norwegian company Rosund Drift
Concentration in the UK shipbuilding sector
London
Baleana buys APCL Group (A&P Tyne, Cammell Laird and A&P Falmouth and Falmouth Docks and Engineering)
Royal Caribbean has taken delivery of its new Legend of the Seas cruise ship.
Miami
Built by Meyer Turku, it can accommodate 5,610 passengers
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