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Independent journal on economy and transport policy
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BRIEFS
March 5, 2012
The Business Timesweb site
Shipping News
  • Baltic index's gain smallest in six sessions
    The Baltic Dry Index, a measure of global commodity-shipping costs, gained the least in six sessions on Friday as a surplus of vessels prevented owners from boosting freight rates.
  • IMO set to clash with EU on vessel CO2 emissions
    The International Maritime Organization (IMO) is making little headway on market-based measures to curb carbon dioxide (CO2) emissions from international shipping, putting it on a policy collision course with the European Union, observers said last Saturday.

Sched Netweb site
  • Asia-Europe rates soar 71pc to US$1,412/TEU as transpacific slips 0.8pc
  • CMA CGM ups Asia-Europe rates US$408/TEU, adds 5 surcharges from April
  • New MSC ship accident: 4,437-TEU Carole runs aground on reef off Jakarta
  • OOCL raises rates on southeast Asia-Oz trade US$200/TEU from April
  • Sydney's Port Botany volume increases 2pc to 621,000 TEU in 2011
  • SeaCube box lessor 2011 profit rises 27pc to US$44 million, sales up 23pc
  • Guangzhou and Maoming joins hands on port projects
  • OOCL switches terminals in New York and Le Havre on Atlantic Express loop
  • Bangladeshi exporters lose their Singapore bypass service to China
  • Delhi earmarks US$305 million to dredge Mumbai's JN port to 14 metres
  • Union Pacific CEO Young takes leave for pancreatic cancer treatment
  • Asia Maritime 2012 holds 3-day Singapore conference March 14-16
  • Erratum: Asia-West Africa Trade Agreement GRI notice wrongly dated
  • Evergreen links up with NYK, Hanjin, Hyundai on South America service
  • China Southern experiments with Shanghai-Sydney cargo flight service
  • Royal Jordanian EU carbon tax surcharge unsettles Indian forwarders
  • Changi Budget Terminal closes Sept 25, to be replaced by Terminal 4

Exim Indiaweb site
  • Adoption of global containerised freight e-commerce continues to expand
  • APM Terminals Inland Services inks MoU to start CFS operations in Kochi
  • Capesize charter costs could drop further
  • Govt mulls insurance cover for ships moving Iran oil
  • Lift and Shift achieves an extraordinary high in heavy lift/project cargo transport in India
  • Rear Admiral (retd) Shrawat appointed Mazagon Dock CMD
  • Shippings impact on world oceans well regulated: ICS
  • Tolani Shipping assures full cooperation in investigation into collision incident off Kerala coast
  • Vijay Tanks & Vessels ships colossal storage sphere to Australia
  • Customs duty hike on power gear imports to be announced in Budget
  • Exports increase 10.1 pc in Jan. to $ 25.34 bn
  • Exports to Iran to increase, says Fieo
  • Iran pays Indian exporters in rupees
  • Ministry plans hike in steel import duty
  • ' slips to 3-wk low of 49.50/51
  • EU steps have eased global slowdown threat: IMF
  • Forex reserves zoom to $295 bn
  • Trade deficit nears $ 150 bn
  • India, China plan maritime dialogue to augment trust
  • India's largest zinc sulphate plant inaugurated
  • Combined WWPC power moves 54 wind turbines from Spain to Ethiopia via Djibouti
  • Multitrade Spain manages massive 336 railcar transportation project from Spain to Venezuela
  • Rickmers-Linie expands China coverage

Marine Logweb site
MARCH 2, 2012
  • Germany's FSG books order for versatile project cargo duo
  • Statoil to invite tenders for a new type of jack-up rig
  • Coast Guard detains Singapore-flagged car carrier

World Wide Shipperweb site
MARCH 2, 2012
  • Celebration marks arrival of Emirates flights to Sea-Tac
  • U.S. railroads post up/down numbers for week
  • NYK Group earns recognition for 2011 environmental report
  • Olympia Port Commission Oks deal with Lorig Associates
  • Coast Guard taps Seattle native as top reserve enlisted person

Lloyd's Listweb site
MARCH 2, 2012
  • Shipping defaults could wipe out some banks' equity
    Germans in firing line due to KG exposure
  • SCFI gains a fifth as Asia-Europe box rates soar
    Surge in Shanghai Containerised Freight Index provides further evidence of box lines' success in ramping up westbound rates from Asia
  • Can the Asia-Europe boxlines make spring rates hikes stick?
    Newbuildings threaten further imbalance between supply and demand
  • NYSE to delist Horizon Lines common stock
    Jones Act liner major loses appeal against October suspension notice
  • Petrobras books Euronav ULCC for storage
    Brokers report TI Europe fixed for six months, with options, at just $20,000 a day
  • Optimistic DVB to hike lending in 2012
    Banker worried about shipbuilding capacity and run-down ships
  • Höegh LNG inks 10-year charter with Lithuania for newbuilding regas unit
    Norwegian company says deal will generate $50m a year
  • SISI sees slower growth in global cargo throughput this year
    Lacklustre global economy weighs on sentiment
  • Goldman Sachs and Fredriksen linked to Torm restructuring
    Investment bank tight-lipped over reports of proposed equity deal
  • NewLead opts for one-for-five reverse split
    Greece-based owner moves to regain compliance with Nasdaq rules on minimum bid price
  • Brokers' hopes dashed as capesize rates flatten
    Chinese new year bounce-back proves short-lived
  • Chinese iron ore imports under threat from ramped-up domestic mining
    Mixed signals regarding 2011 demand for foreign iron ore could hit capesize market
  • Lloyd Fonds KG fund in insolvency threat
    Fund seeks fresh capital amid a wave of insolvencies
  • Bashing the bankers
    Defaults are putting lenders under severe stress
  • Lyttleton Port Christchurch defers cruise berth decision
    New Zealand construction costs soar after earthquake
  • MEND offers to negotiate release of crew held by Nigeria pirates
    But expert suggests links between pirates and anti-oil militants
  • Will GRIs come to grief?
    It is far too early to hail last week's rate hikes as a success
  • UK government shuns industry-led standards for armed guards
    Lancaster House conference on Monday will take first steps creating new regime
  • Oriental Precision placed under creditors' restructuring
    South Korean machinery maker suffers amid industry woes
  • SCI cancels Iranian crude shipment after insurers deny coverage
    Suexmax fixture halted last month ahead of tougher European sanctions
  • Statoil to tender new type of $500m rig
    Norwegian oil group will use 'cat J' rigs to drill in mature oil fields off of Norway
  • Japanese buyers seek force majeure for Iran contracts
    Pressure builds to add clause to insurance agreements from April
  • Ezra builds warchest for subsea projects
    Singapore-listed offshore contractor sells 5.6% of its stake in Ezion
  • Second ballast water system taken off the market
    Pulled technology had secured type approval
  • Ningbo box volume growth soars in February
    Shippers scramble to move cargo ahead of Asia-Europe price hikes
  • Capital market enthusiasm for shipping remains muted, owners told
    IPOs are currently viable for LNG carrier owners but the sector is an exception
  • Detained Beluga Participation in insolvency case
    Questions who owns vessel held in Mumbai
  • Hanjin joins April general rates push
    South Korean boxline plans $400 per teu hike on Asia-Europe trades

Fairplayweb site
MARCH 2, 2012
  • Cruising grilled on taxes
    A PROMINENT US lawmaker has questioned whether the cruise industry is paying its fair share of US taxes
  • NewLead goes for split
    NEWLEAD Holdings today announced a 1-for-5 reverse stock split to bring its share price comfortably above NASDAQ's minimum
  • Allied stuck in crosshairs
    GREEK drybulk operator Allied Maritime is being besieged by legal action and allegations of unpaid bills, court documents reveal
  • Three found guilty in 1988 ferry terrorism
    A FRENCH court today convicted three men for their part in a 1988 terrorist attack on a Greek ferry that left nine people dead and 100 injured
  • Far East/Europe box rates jump
    SPOT RATES on key Far East/Europe trade lanes jumped markedly higher this week, driven by liners' push for increases, Arctic Securities said
  • Pacific Basin shares rally
    HONG KONG drybulk shipper Pacific Basin's shares today closed 6% higher at HK$4.23 ($0.545), despite posting lower annual profits yesterday
  • Maybulk seen coiled for S&P strike
    MAYBULK, which has been largely absent from the S&P and newbuilding markets, might be returning this year, a shipping analyst said today
  • UK deals focus on pirate suspect transfers
    THE UK has initiated a range of steps to counter piracy since last week's Somalia conference
  • Nickel drives Supramax surge
    THE INFLUX of coal and nickel ore cargoes has sparked a Pacific Supramax rate climb this week
  • ISS pushes into logistics
    ISS CEO Claus Hyldager has completed the port agency specialist's restructuring, which he told Fairplay would "ensure balance across the regions, yet provide much-needed flexibility"
  • VLCCs rise on March coverage
    CHARTERING of VLCCs has surged this week with players rushing to cover voyages for the last two weeks of March

The Journal of Commerceweb site
MARCH 2, 2012
  • Horizon Boosts Rates on Puerto Rican Trade Lanes
    Horizon Lines said Friday it will raise freight rates on cargo moving between the U.S. and Puerto Rico as of...
  • Trans-Pacific Containerized Trade: Interactive Graphic
    How many TEUs did Japan export to the U.S. in 2009? What is the forecast for U.S. containerized trade with...
  • Rate, Surcharge Update for Week of Feb. 27- March 2
    Mediterranean Shipping imposed a general rate increase on westbound cargo from India to North Europe and the...
  • Pantos Logistics Opens Dutch Logistics Center
    Pantos Logistics recently opened a roughly 31,000-square-foot logistics center near the Port of Rotterdam to distribute vehicle parts across Europe....
  • India's Port Nehru Gets Closer to Handling Larger Ships
    The Port of Jawaharlal Nehru (Nhava Sheva) will be able to handle deep-draft vessels and expand throughput capacity in roughly...
  • James River Coal Expects Shipment Growth via CSX, NS
    James River Coal in 2012 expects to ship at least 3.3 percent more coal from the Midwest and Central Appalachia...
  • West Coast Ports' Long Haul
    When U.S. ports in the Pacific Northwest talk about rival Prince Rupert, British Columbia, words such as "diversion" and "unfair...
  • Currency for Trade
    February's visit to the U.S. by China's likely next leader, Xi Jinping, provides policymakers and business leaders in both countries...
  • Export Growth Loses Steam
    U.S. containerized exports started 2011 with a bang before slowing in the fourth quarter, but the outbound business finished the...
  • Mixed Bag in Asia-US Trade
    2011 was a year of contrasts in the Asia-U.S. trade. U.S. containerized imports from Asia were essentially flat, inching up...
  • Port Possibilities
    Republicans are hoping the bankruptcy of solar panel manufacturer Solyndra will create a Watergate-like scandal for Democrats. The GOP is...
  • Trucking Pioneer Henry Vander Pol Dead at 95
    Henry Vander Pol, a trucking pioneer who helped establish two motor carriers in the Pacific Northwest, died Wednesday in Auburn,...
  • EEOC Sues Celadon Trucking For Illegal Medical Exams
    The U.S. Equal Employment Opportunity Commission is suing Celadon Trucking for allegedly requiring prospective employees submit to illegal medical tests....
  • Celadon Trucking Acquires Teton Assets, Drivers
    Celadon Trucking will get trucks, trailers and, perhaps most important, badly needed truck drivers from its purchase of Teton Transportation's...
  • Union Pacific CEO Young Takes Medical Leave
    James Young, chairman, president and CEO of Union Pacific Corp., the largest U.S. railroad, will take a medical leave of...
  • 2 Million TEU Port to Open in UAE in Late 2012
    The Abu Dhabi Port Co. plans to open a port with an initial annual capacity of 2 million 20-foot equivalent...
  • Indexing World Trade
    At times, it seems the only thing shippers, forwarders and carriers share is a common mantra: They say they want...
  • Swapping Data
    It's fine to have an opinion but better to base the opinion on facts, especially if millions of dollars are...
  • New Winds Blowing
    As the industry gathers in Long Beach this week for the 12th Annual TPM Conference, shippers face a more complex...
  • Looking Ahead
    When shippers, ocean carriers and others gathered for The Journal of Commerce's annual Trans-Pacific Maritime Conference three years ago in...
  • Broker Caught In the Line of Fire
    Q: You've addressed the issue of brokers paying carriers and carriers not paying subcontractors many times, yet I find myself...
  • Hanjin Will Boost Asia-Europe Rates Again
    Hanjin Shipping joined other carriers on Friday in announcing a second round of freight rate increases on its westbound Asia-Europe...

Containerisation Internationalweb site
MARCH 2, 2012
  • Auckland port dispute to end in court
    That seems to be the only way forward from the intransigence emitting from both the Port of Auckland's [PoA] management and the Maritime Union of New Zealand's ...
  • MSC transfers big vessels into transpacific tradelane
  • Bunkers spike another USD13 in morning trade
    Ocean carriers and short-sea operators are nervously watching the oil markets again after the cost of Rotterdam-sourced IFO 380 soared by USD13 per tonne in trading ...
  • DFDS slips in Q4 11
    Denmark-based DFDS saw its profitability slump in Q4 2011. Compared to Q3 11, its revenue fell by 12%, down to DKK2,746 (USD479) million, out of which operating ...
  • MSC boxship sub-let from Maersk, owned by Seaspan steams into Jakarta reef
    APL - which has a slot charter agreement with Maersk Line on its China - Australia - New Zealand VSA service operated by the Danish carrier and Geneva's MSC - has ...
  • CMA CGM joins rate increasing bandwagon
    CMA CGM has joined the list of ocean carriers seeking a second bite of the freight rate cherry in the tradelane from Asia to Europe. It has announced that it will ...
  • Eurozone jobless hits new record, but pain mainly in Spain
    Unemployment in the 17 nation eurozone rose again in January to 10.7% - there are now 16.9 million people out of work in the single currency states. However, the ...
  • RCL also suffers from 'weak shipping environment'
    Posting a full-year net loss of THB780 (USD25.8) million for 2011, Thai-based intra-Asia carrier, Regional Container Line [RCL], said that 'continued over-capacity ...

TradeWindsweb site
MARCH 2, 2012
  • SBLK cape in Turkish scrape
    Jewel of Star Bulk Carriers' capesize stable out of commission after scraping bottom on entry to port of Eregli.
  • BLT enlists reinforcements
    Cash-strapped Indonesian owner crowns restructuring commander as concerns over depth of financial troubles mount.
  • NewLead readies split
    Greek owner lines up cure for Nasdaq deficiencies as share price lingers below key threshold.
  • Solvang back at HHI
    Oslo-listed LPG operator returns to Korean yard for a second Very Large Gas Carrier.
  • Threat sparks ship evacuation
    Passengers disembarked as crew conduct security sweep of ship after hoax message.
  • Troim: no rush with cash
    John Fredriksen's lieutenant says tycoon will take his time before splashing the $1bn burning a hole in his pocket from Seadrill share sale.
  • SBM Offshore takes a $1bn hit
    Eyewatering impairments push Dutch offshore specialist to a massive loss as platform pain goes on.
  • Yard in bankruptcy fight
    Mykolaiv court starts proceedings against Chernomorsky two weeks after it posted annual profit.
  • Nigerians confirm capture
    Trio of seafarers snatched from a Dutch reefer off the coast of Nigeria this week are alive and well.
  • Sinochem saves Dorval
    Japanese tanker owner planning joint venture with Chinese petrochemical trader in bid to take it out of court administration.
  • Tzitzis and Papalios team up
    Greek owners in the market for tonnage for Icon Shipping partnership
  • Farstad ditches old Ladies
    Karl-Johan Bakken-led company sells early 80s built anchor handlers.
  • Matching investment and talk
    Derivatives defended, the merits of avoiding business contraction and fitting in time for sleep in a crisis.

American Shipper - Ocean newsweb site
MARCH 2, 2012
  • K+N offers wireless temperature control
  • Conrad: Smaller TP lines a 'barometer of the trade'
  • Coast Guard detains ship in Portland
  • Union Pacific CEO takes medical leave
  • Delmas adds Algeciras to 5 West Africa loops
  • Hanjin raises Asia-Europe rates
  • Blue Tree, McLeod Software integrate
  • Pantos opens in Holland
  • Mercedes promotes FleetBoard in Ireland
  • CMA CGM's Asia-Europe rate increase plans

The Bunker Bulletinweb site
MARCH 2, 2012
  • Bunker prices surge across the Americas
    Demand in Cartagena was busy due to low volumes, according to players in the region.
  • Global bunker market experiences volatile week
    Bunker prices experience volatile week on back of a tense crude market falling victim to supply rumours.
  • Emulsion fuel producer gains increasing investor attention
    Investors looked for more information on why shares in producer of emulsion fuels had risen almost 50% in three days.
  • No consensus on outstanding part to GHG agreement
    Disappointment at MEPC 63 as a resolution needed before a new part of MARPOL Annex VI enters into force remains contested.
  • New fuel efficiency monitoring system launched
    Transas estimates that optimal operation of technology could lead to fuel savings of approximately 5%.
  • Bunker prices jump in European ports
    NYMEX showing losses of more than $1 in early trading.
  • Gazpromneft Marine Bunker looking for 10% growth
    New barge acquired for St. Petersburg operations.
  • Prices firm across Middle East and Africa
    Quiet market activity in Suez.
  • Reefer company reports widening losses
    Blames high bunker prices and falling freight raters.
  • Sanctions against Iran hit Fujairah bunker market
    'Fujairah's loss and a big gain for Singapore,' says trader.
  • Bunker prices firming in key Asian ports
    Demand 'below average', say traders.
  • US agencies finalise restoration plans of Cosco Busan spill
    A total of $32.3 million will be spent on a variety of restoration projects, says NOAA.
  • Norway-based shipowner orders second LNG-powered forage carrier
    Rolls Royce NVC 401 Forage Carrier powered by Bergen C-Series gas engine.
  • 'Strong performance' in Grindrod's bunker business
    Company says it is in discussions for the 'potential' sale of 50% of its bunker business.
  • US bankruptcy court approves Genmar disclosure statement
    Approval of disclosure statement allows Genmar to solicit approval of reorganisation plan.
  • Sinopec Zhoushan monthly bunker sales volume down 15%
    Company sold 187,600 mt of bonded bunkers in February 2012.
  • Markets in the Americas fluctuate on crude concerns
    Crude oil prices rose above $110 a barrel for the first time since May.

›››File
FROM THE HOME PAGE
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
Leveraging the revised Block Exemption Regulation to encourage private investment in ports
Constance
FEPORT urges it
The Antwerp-Bruges Port Authority will collaborate in the development of the port of Misrata.
Measured
Project for a new bulk terminal
Bimco, ICS, Intercargo and Intertanko condemn attacks on ships and seafarers in the Strait of Hormuz
London
Call for an immediate cessation of attacks
Container traffic at the Port of Long Beach grew by 31.7% last month.
Long Beach
The overall volume of containers remained unchanged in the first five months of 2026
The Swiss Federal Council proposes extending subsidies for rail freight traffic through the Alps until 2035.
Bern
From 2027 to 2035, 486 million francs would be paid out
So far the number of ships leaving the Persian Gulf is 6-7% of those transited a year ago
Paris
AXSMarine: No Signs of a Long-Term Reopening of the Strait of Hormuz
Global Ports Holding in talks to manage cruise port in St. Vincent and the Grenadines
Istanbul
The terminal currently records an annual traffic of approximately 200 thousand passengers
Investments in Taiwan's ports amounting to 1.8 billion dollars are planned for the period 2027-2031.
Taipei
At the end of the five-year period, annual container traffic is expected to be equal to 15.5 million TEUs
US forces hit a third vessel in the Gulf of Oman
Tampa
The "Jalveer" is said to be carrying a cargo of Iranian oil.
ALLRAIL, CER, ERFA, FEPORT, FTE, UIP and UIRR present their proposal for the European Railway Platform
Brussels
The aim is to ensure market representation from the very beginning of the new European rail capacity governance process.
US Central Command claims responsibility for attack on product tanker Settebello
Tampa/New Delhi/London
Condemnation by the Indian government and the International Maritime Organization
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
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
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
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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
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
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
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
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
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
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
Informal hearings of trade union representatives on port governance reform
Rome
At the heart of the critical issues highlighted - confirms Filt-Cgil - is the planned establishment of Porti d'Italia Spa
Venice, the DPSS confirms the need to build new offshore terminals outside the lagoon.
Venice
The Strategic System Programming Document has been approved by the AdSP Management Committee
The Spinelli Group has joined the Italian Association of Port Terminal Operators
Genoa
The company and Assiterminal expressed satisfaction with the resumption of an important association
In the first three months of 2026, freight traffic at UK ports fell by -2.6%
London
More significant decrease (-6.8%) in boarding loads
Mark Hindley is the new president of the European Motor Vehicle Logistics Association
Istanbul
Wolfgang Göbel was elected honorary president
At the Port of Genoa, a tugboat was stopped for irregularities in nitrogen oxide emissions.
Genoa
The vessel is used for the construction works of the new breakwater
In April, freight traffic in the port of Ravenna grew by +21.4%
Ravenna
An increase of +2.5% is expected in May
Sallaum Lines to launch dedicated China-Europe service in 2027
Nanjing
Two new 7,400 CEU PCTCs taken delivery
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