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Independent journal on economy and transport policy
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BRIEFS
November 11, 2013
Sched Netweb site
  • Cosco executive director Xu resigns in probe, Capt Wei told to stay close
  • US box imports up 5.2pc in August year on year, but no change from July
  • Taiwan October exports slip 1.5pc as South Korea's rise 7.3pc
  • Cosco commences calls at Port of Mombasa in joint Evergreen service
  • Kerry Logistics to support UK online fashion retailer ASOS in China
  • Fujian to make CNY200 billion traffic investment from 2013 to 2015
  • Sino-Russian-North Korean border city Huichun builds freight hub
  • Matson signs with Aker Philadelphia for two Jones Act 3,600 TEUers
  • Transport Corporation of India revenue up 6pc, but profit flattens
  • PPG Vietnam completes complex river transport of 210-tonne tower
  • IAG profit up 163pc to US$926.4 million, but air cargo sales fall 14pc
  • Hong Kong's U-Freight signs to explore alliance with China Air Express
  • Atlas Air Worldwide Holdings Q3 profits down 16.7pc to US$28 million
  • Oregon all-cargo Evergreen International Airlines to close November 29
  • FedEx expects December 2 to surpass its busiest day since 2007

Exim Indiaweb site
NOVEMBER 8, 2013
  • Bibby Ship Management expands into marine surveying in India
  • GE Shipping's net surges 97.8 pc
  • London P&I Club says complacency significant factor in collisions
  • MANSA holds annual badminton/table tennis tournament
  • NYK included in 2013 Climate Disclosure Leadership Index
  • WWL Group wins 2013 Air Cargo Premier League Cricket Championship for the third time
  • Exports of Darjeeling tea projected to rise 10 pc
  • Ennore Port's H1 net profit up 63 pc
  • JNPT observes Vigilance Awareness Week
  • Major Ports should look for alternative cargoes to tackle negative traffic growth, says WTWF
  • Sand imports may boost Cochin Port revenues
  • TRAFFIC HANDLED AT MAJOR PORTS
  • Forex reserves drop by $1.657 bn
  • IL&FS bags NHAI orders worth INR 4,450 cr.
  • INR falls 76 paise to 62.57 on heavy dollar demand
  • L&T bags orders worth INR 2,309 cr.
  • RBI allows third-party payment for export & import
  • Several SEZs need more time to implement projects
  • US asks India to phase out textile subsidies
  • VWI to export Vento to Mexico
  • Complex river transportation flows smoothly for PPG Vietnam
  • Kita Logistics ships wind blade moulds from US to Turkey
  • Mammoet expands SPMT fleet with 650 axle lines
  • V. Alexander moves heavy & outsized column from Poland to Russia

International Transport Journalweb site
  • Further step to UTLC by RZD, BC and KTZ
  • IRU adopts freight exchange guidelines
  • Second Boeing B787-9 Dreamliner takes to the skies
  • Two new African members for Waco System
  • France suspends Ecotaxe introduction
  • Port of Lübeck to receive new equipment
  • Panalpina expanding LCL ocean freight services in Asia
  • Indian Railways launches dual cab freight diesel locomotive
  • Aerolineas Argentinas now member of SkyTeam Cargo
  • Fewer containers in port of Antwerp
  • IRU president re-elected
  • Norbert Dentressangle preparing for Christmas peak in UK
  • New operations optimisation centre for DB Schenker Rail
  • E.R. Capital appoints new head of operations
  • Jan de Rijk operates RFS for C.A.L.
  • Neuer Meilenstein in Istanbul
  • CINS has new chairman

Marine Logweb site
NOVEMBER 8, 2013
  • Aker Philly and Crowley seal JV deal
  • Cecon ASA restructures financing for for Davie trio
  • Hempel backs new coating with performance guarantee

World Wide Shipperweb site
  • Drewry container report finds market accepting rate increases
  • Marcon brokers sale of multi-purpose vessel
  • NATO warship detains nine suspected pirates
  • Washington legislature approves parts of governor's Boeing package
  • Vancouver Port Commission holding budget meeting tomorrow

Lloyd's Listweb site
NOVEMBER 8, 2013
  • Hutchison's Meredith to step down
    Ip takes over on January 1
  • Teekay books $36m net loss
    Company looks to shrink its balance sheet
  • VLCCs earnings hit a 32-month high
    Just 50 vessels are free for December loading
  • Box Ships posts higher profit but trims its dividend
    'Prudent' decision reflects boxship rates lower than current earnings
  • Bank of America buys Eagle Bulk debt
    UPDATED: US finance giant holds a controlling position in any negotiations with dry bulk operator
  • Teekay Tanker's STX orders in doubt after builder withholds guarantees
    Teekay will pursue damages as the ships are 'unlikely' to be built, says Chan
  • Hackett predicts European box volume upturn in 2014
    Growth will improve capacity-demand balance as larger tonnage enters service
  • Cosco executive resigns after corruption probe
    Executive director Xu Minjie quits the board with immediate effect
  • Pirates attack product tanker off Kenya
    Exchange of fire off Mombasa repels skiff with five men
  • US-Europe product tanker trade hit by weather and strikes
    Exports to the Netherlands down by 24,000 barrels per day
  • Asia-Europe box rates start to slide again
    November 1 price surge looks short-lived
  • DSME to build $567m research and development centre in Seoul
    Giant facility to focus on offshore and shipbuilding sectors
  • Kexim enhances relationships with European players
    Seoul policy bank signs symbolic agreements with EBRD, UK Export Finance and others
  • Höegh LNG changes reporting structure to reflect separate divisions
    Norwegian gas shipowner clarifies internal shake-up
  • Qinghuangdao Port Co to list in Hong Kong
    Operator of China's largest coal port aims to raise up to $600m by year-end
  • Paragon cuts loss in 'transformative' third quarter
    Company ready to prosper from anticipated dry bulk recovery, says Bodouroglou
  • Aker Philadelphia and Crowley seal product tankers joint venture
    Oslo-listed Jones Act shipbuilder secures attractive regional loans
  • Scorpio signs for 10 more bulker newbuildings
    Dry bulk start-up's orders top 1bn ahead of expected US listing
  • Shih Wei books 60,000 dwt bulker for $29m
    Taiwan-based firm renews and expands its fleet
  • Owners ponder lengthening options for 14,000 teu vessels
    It is possible to extend ships yet maintain strength and stability, says Lloyd's Register
  • Evergreen defends its fleet renewal programme
    Net capacity growth is below the industry average, says world number four box line
  • View from the Bridge: Nils Andersen
    Head of the big blue benchmark for the global container industry reveals his vision for the future
  • Crew communication is key
    Ships are full of lonely seafarers who spend their free time peering at their laptops
  • Wei Jiafu is not barred from leaving China, says Cosco
    China Ocean Shipping dismisses reports that former chairman faces exit ban
  • Teekay Offshore reports cashflow increase
    Partnership takes delivery of third newbuilding shuttle tanker

Fairplayweb site
NOVEMBER 8, 2013
  • OSX to seek bankruptcy protection
    BRAZILIAN shipbuilder and offshore services company OSX confirmed today that it has hired new restructuring advisors and will seek bankruptcy protection
  • MISC faces tense 2014 despite 189% profits rise
    MALAYSIAN box carrier MISC might not enjoy a rosy 2014, even though its 3Q13 profits rocketed 189% year on year to $126M, an analyst today
  • Box Ships slashes dividend
    NYSE-listed Box Ships has halved its quarterly dividend and warned that expiring charters will probably roll over to much lower rates
  • Why China's frozen out on iron ore pricing
    CHINA, the world's largest importer of iron ore, will remain frozen out of iron ore pricing in the near future, a shipping conference heard
  • Sharp rebound seen for Europe's box sector
    EXPECT a steep recovery in box flows into and out of northern Europe next year, analysts said today

The Journal of Commerceweb site
NOVEMBER 8, 2013
  • TTSI Official: Most Drayage Drivers Wish to Remain Independent
    Despite attempts over the past decade by the Teamsters union to convince drayage companies that the entire industry would benefit if drivers were hired as direct employees, the majority of drivers wish to remain independent, according to a drayage company president in Southern California. Vic LaRosa, president of TTSI, estimated that...
  • Marad Provides $1.4 Million for LNG Projects
    The U.S. Department of Transportation's Maritime Administration has allocated $1.4 million for two projects that will collect information on the use of liquefied natural gas as a marine propulsion and study the issues associated with shore-side storage and fueling of LNG vessels. Through a partnership agreement, Marad will provide Horizon Lines...
  • Marad Marks Opening of California Green Trade Corridor
    M-580 is expected to initially eliminate 200 trucks from I-580.The U.S. Department of Transportation's Maritime Administration has announced the opening Marine Highway M-580, also known as the California Green Trade Corridor, to help take freight traffic off of the state's congested Interstate 580. The program offers shippers an option to move...
  • Class 8 Truck Orders Strong in October
    ctober was a positive month for new order placement of Class 8 trucks in North America, exceeding order trends from the past few months. FTR Associates reported preliminary data showing North America's Class 8 net truck orders in October reached 25,960 units, increasing 14 percent year-over-year and 39 percent from the...
  • Production Shifts, Mega-Ships Challenge Panama Canal
    Is the Panama Canal losing its position as the dominant route for East Coast importers of cargo from Asia? Will it be able to regain the services it has been losing to the Suez route when it's finally able to open its large new locks to post-Panamax ships at the...
  • SCFI: Shanghai-to-US Spot Container Rates Inch Down
    Shanghai Containerized Freight Index, U.S. West Coast, week ending Nov. 8, 2013 Full-size image Spot container rates from Asia to the U.S. East and West coasts measured by the Shanghai Containerized Freight Index continued to edge down one week ahead of a proposed Nov. 15 general rate increase. The Transpacific Stabilization Agreement...
  • SCFI: Asia-to-Europe Rates Ebb Post-GRI
    Shanghai Containerized Freight Index, Mediterranean, week ending Nov. 8, 2013 Full-size image Spot container rates from Asia to European ports measured by the Shanghai Containerized Freight Index slipped in the week ending Nov. 8, seeing some gains from last week's substantial increase erode. Both Mediterranean and northern European lanes saw rate decreases of...
  • Grabbing Headlines
    Forty years ago, Dr. Hook and the Medicine Show released "The Cover of the Rolling Stone." The song is a fictional band's lament that despite garnering the usual trappings of success, it has yet to get its picture on the cover of Rolling Stone magazine. Many of us in the transportation...
  • US Steel Imports Reflect Sluggish Economy
    U.S. steel imports in September totaled 2.761 million tons, declining 4.1 percent from August, but increasing 6.1 percent from September 2012, according to government reporting. The preliminary reporting data showed that imports of semi-finished products in September rose 7.7 percent year-over-year, from 598,000 tons in 2012 to 644,000 tons in 2013. U.S....
  • Cosco Exec Resigns Amid Investigation
    Even as Cosco becomes confident it will achieve a full-year profit and avoid delisting, it was denying reports that former chairman Wei Jiafu was placed under travel restrictions, after one of its top executives resigned under a cloud of investigation. Xu Minjie, executive director of China Cosco Holdings, resigned on Nov....
  • DF Young Launches Specialty Logistics Unit
    DF Young has introduced a new business division, DF Young Specialty Logistics. The new unit will target industry verticals that require special attention and handling. The Berwyn, Pa.-based supply chain management company expects to attract customers in the life sciences and pharmaceutical industries that have controlled substances, cold chain and sample...
  • IAG's Cargo Revenue Tumbles More Than 14 Percent
    International Airlines Group's cargo revenue in the third quarter of 2013 slumped more than 14 percent year-over-year, almost double the decline in freight traffic. The merged British Airways-Iberia carrier generated cargo revenue of '256 million (about US$343 million) in the three months through Sept. 30, 2013, against €298 million in the...
  • Typhoon Lashes Philippines, Disrupting Transportation
    Typhoon Hainan (Yolanda in the Philippines). Image: NASA Goddard MODIS Rapid Response Team,The Philippines faced yet more loss of life and economic destruction today as Typhoon Yolanda (known internationally as Typhoon Hainan) made landfall at 4 a.m. local time, bringing with it wind gusts of more than 200 miles per...
  • Invoice Accuracy a Challenge for Carriers, 3PLs
    When Maersk Line CEO Soren Skou told the JOC's TPM Conference in March that nearly 12 percent of container industry invoices are inaccurate, shippers took notice. It has been, after all, Maersk Line's "highest customer service issue for some time," one that potentially costs ocean carrier customers millions of dollars...
  • Kintetsu's Net Profit Sinks
    Major Japanese international freight forwarder Kintetsu World Express Inc. (KWE) said on Nov. 7 that its net profit tumbled 15.9 percent in the first half of fiscal 2013, which started on April 1, from a year earlier to ¥4.064 billion ($41.2 million) on a consolidated basis. The company's group operating revenue...
  • LA Harbor Commissioners OK Cargo Incentives
    Container terminals at the Port of Los Angeles.As shipping lines gain greater leverage over ports and terminal operators through the formation of vessel-sharing alliances, the Port of Los Angeles Board of Harbor Commissioners has approved an incentive program designed to attract more cargo. "Carriers are rethinking their routes and relationships to...

TradeWindsweb site
NOVEMBER 8, 2013
  • OSX board OKs bankruptcy
    OSX's board of directors has decided to file for a court reorganisation of the Brazilian shipbuilder.
  • LNG softness ahead
    Teekay expects the carrier spot market to experience softness for the rest of this year and into next, chief executive Peter Evensen said today.
  • GE profit doubles
    India's Great Eastern Shipping doubled third quarter earnings as its shipping division returned to profit thanks to the buoyant product carrier market.
  • Baltic open to panamaxes
    Baltic Trading has opened the door for an entry into the panamax market which would fill in the one blank spot in its dry-cargo fleet.
  • Awilco in business
    Awilco LNG has headed off competition from some established rivals to find employment for one of its newbuildings, TradeWinds reveals today.
  • KLC rises again
    Formerly bankrupt Korea Line Corp (KLC) has emerged from court receivership.
  • Pirates drain tanker
    Pirates hijacked and robbed a second tanker of its cargo off Malaysia in the space of a month.
  • CMES inks $510m loan
    China Merchants Energy Shipping (CMES) has fixed up a domestic loan to fund its VLCC newbuildings.
  • Genco splits opinion
    Wall Street scribes are split on how a dry-cargo market recovery will aid Genco Shipping & Trading's debt struggles.
  • Propeller poser
    A New Zealand ferry may be unable to carry passengers for months after a propeller fell off in the Tory Channel.
  • Xu Minjie quits Cosco
    A Cosco executive has handed in his resignation only a couple of days after his arrest amid suspicion of corruption.
  • Hallin in China first
    Hallin Marine has clinched a maiden contract for subsea services in China.
  • ICG takes Caronte ro-pax
    Irish Continental Group (ICG) is beefing up its Irish Sea services with a new chartered ro-pax.
  • Nam Cheong to hit new high
    Malaysian offshore vessel builder is expected to deliver another set of record earnings next week.
  • Crew saved after clash
    Nineteen Heung-A containership crew have been rescued after falling into the sea off Vietnam following a collision.
  • Positive sign for Navios MLP
    Angeliki Frangou says the purchase of a series of container vessels by Navios Maritime Partners is a transformative relaunch for the MLP.
  • ABG aims for debt deal
    India's struggling ABG Shipyard is in talks with banks over a restructuring of its debt after missing repayments.
  • Berge Bulk goes large
    TradeWinds digests the digits making the headlines this week.
  • Aker Phil seals $60m
    Aker Philadelphia Shipyard is close to tying up the $250m worth financing needed to cover the cost of its order backlog including a pair of boxships penned by Matson just yesterday.
  • Write-downs hit TOO
    Teekay Offshore Partners (TOO) has been clobbered by tanker impairments in the third quarter.
  • Conberria stuck fast
    Five tugs have failed to refloat the grounded cement carrier Conberria off Norway.
  • OOCL in HK smash
    All 12 crew were rescued from the sea off Hong Kong after their cargoship sank in a collision with a huge OOCL boxship.
  • Time is money
    We take a look at what was said in the market over the past week.
  • RBS offloads Eagle debt
    Royal Bank of Scotland is believed to have offloaded close to $800m in debt owed by struggling shipowner Eagle Bulk.
  • Swissco profit jumps
    Swissco Holdings has seen an 85% jump in third quarter net profit to SGD6.4m ($5.1m).
  • SALT grabs 10 more
    Scorpio Bulkers continues to hoover up bulker newbuildings with confirmation that it has bought 10 more ships.
  • Prosafe books two
    Prosafe has ordered up to six new semi-submersible accommodation vessels in China in a deal potentially worth $1.2bn.
  • New CEO at Eitzen
    Eitzen Chemical has named industry veteran Jens Gronning as its new chief executive effective.
  • PRGN narrows loss
    Greek bulker owner Paragon Shipping turned in a third-quarter deficit Thursday despite rising revenues and the recent rally in the spot market.

American Shipperweb site
NOVEMBER 8, 2013
  • Government quantifies shutdown impact
    Trade was among the areas directly affected by the shutdown, in part because import and export licenses and applications could not be processed.
  • Freight committee sets date for second meeting
    The National Freight Advisory Committee will hold its second public meeting Nov. 21 in Washington, D.C., according to a Nov. 8 notice in the Federal Register.
  • APL ship unable to unload cargo
  • North Europe port recovery forseen in 2014
    "North Europe Global Port Tracker" projects a recovery in container cargo volumes next year, just as significant numbers of ultralarge containerships are being delivered.
  • Cargloux adds Latin American service
  • JDA releases new technical services aimed at SCM
  • U.S. economy grew 2.8% in 3Q
    The growth was a bit stronger than many experts had expected and was followed Friday morning by the announcement that the unemployment rate inched up to 7.3 percent even as the economy created 204,000 jobs.
  • MarAd to fund LNG projects
  • AA cargo tonnage up in October
  • COSCO director under investigation resigns
  • Executive moves

The Bunker Bulletinweb site
NOVEMBER 8, 2013
  • Fuel prices end week on low note in the Americas
    Demand and avails were said to be average in Houston on Friday.
  • Weekly global market report
    A weekly price round up from bunkering hubs around the world.
  • Potential 'eco' fuel receives support
    Glycerol being considered as a marine fuel for diesel engines.
  • Hull coating technology breaks new ground, says company
    Five-year development period leads to launch of new product.
  • Cosco update: Executive resigns
    Personal reasons given as reason for exit.
  • Bunker prices soft in European markets
    Weaker crude pulls down prices.
  • Tight avails in Fujairah
    Prices falling in the Middle East hub.
  • Bunker association's appeal upheld by Russian prosecutor
    Rules restricting bunker operations in Russian ports have met a successful challenge.
  • Bunker spat lands in court
    Wrongful arrest claim as bunker supplier tries to secure payment.
  • Call for continuous monitoring to enhance MARPOL Annex VI enforcement
    'Burden of proof' regarding compliance should be more evenly distributed between PSC and ship, says CSC.
  • Asian bunker prices end week soft
    Avails tighten further in Busan.
  • Cosco graft probe widens
    But status of former chairman in the investigations is unclear.
  • DNVPS: 'Tricks of the trade' not new
    Methods to discover 'tricks of the trade' are not novel and claims about them may be exaggerated.
  • Cruise line reports profit boost
    Higher bunker costs fail to dent results.
  • Shipping giant sees profits triple
    Weaker bunker prices helped boost bottom line.

›››File
FROM THE HOME PAGE
Hong Kong government protests PPC's removal from Panamanian ports
Hong Kong/Beijing
Beijing government spokeswoman stressed that China will firmly protect the rights and legitimate interests of its companies.
European transport associations call for the CEF to be allocated at least €100 billion
Brussels
Chronic underfunding and financial shortfalls are lamented
The Panamanian government assigns the transitional management of the port of Balboa to APM Terminals and the port of Cristóbal to TiL
Hong Kong/Panama
CK Hutchison Holdings denounces the illegality of the terminal seizure and confirms the possibility of legal action.
Panamanian government seizes assets and equipment at the ports of Balboa and Cristóbal
Panama
The Panama Ports Company of the CK Hutchison group has been removed from the management of the two ports
Statement by rail and intermodal transport associations against gigaliners on European roads
Brussels
The current positions of the EU institutions - they denounce - all include elements that risk opening the door to a widespread diffusion of these vehicles.
The mandate of the EuNavFor Aspides mission has been extended until 28 February 2027.
Brussels
A budget of almost 15 million euros has been approved
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
Madrid
Santana: We believe that some aspects of the ETS should be monitored and, where necessary, revised.
Tidewater acquires Brazil's Wilson Sons Ultratug Participações for $500 million.
Houston
It has a fleet of 22 Platform Supply Vessels
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Washington/Suitland
An executive order confirming the suspension of the "de minimis" regime was also signed.
Slight growth in freight traffic in the port of Ancona in 2025
Ancona
Rolling stock slightly down. Passenger numbers significantly down.
Construction of the cruise terminal at Molo San Cataldo in Taranto will begin in October.
London
Global Ports Holding invests over €4.5 million
One dead and four injured on board the cruise ship World Legacy (formerly Moby Zaza )
Singapore
A fire broke out on the unit
SBB CFF FFS Cargo has sold 31 locomotives to Nordic Re-Finance
Bern
The Swiss company plans to equip itself exclusively with vehicles produced by Stadler Rail Valencia by 2035.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Hamburg
Containers boosted the growth. Volumes remained stable in the fourth quarter alone.
In the fourth quarter of 2025, the DFDS Group recorded a net loss of DKK -286 million.
Copenhagen
Last year, cargo traffic in Montenegro's ports grew by 1.6%.
Podgorica
Cargoes to and from Italy alone increased by +64.6%
To APM Terminals the 37.5% of the Southern Container Terminal of the port of Jeddah
The Hague/Dubai
DP World will keep the remaining 62.5%
Continues the bending of the traffic of the container in the port of Los Angeles
Los Angeles
In January decrease of -12.1%. Bown: the state of exports to China seems bad
In the fourth trimester of the 2025 the traffic of the goods in the port of Civitavecchia is increased of +8.6%
Civitavecchia
In the whole year growth was +3.1%
Samskip sells marine and logistic services with the United Kingdom and Ireland to the CLdN
Luxembourg/Rotterdam
The agreement includes rental agreements for over 5,000 multimodal load units
The Antitrust has reopened the procedure on the concentration between the Ignazio Messina & C. and the Terminal San Giorgio
Rome
The International Chamber of Shipping against the new harbour taxes programmed by the US government
Washington
Necessary - the association emphasizes - carefully coordinated political solutions
Norwegian Cruise Line Holdings orders three new ships from cruise to Fincantieri
Miami/Trieste
They are destined to the companies Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises
Hapag-Lloyd and ZIM agreed on a merger agreement
Haifa/Hamburg
The German company will pay up to $2.5 billion
America's Maritime Action Plan proposes a new tax on foreign-built ships from any nation entering U.S. ports.
Washington
It would be used to fund the new Maritime Security Trust Fund
Hapag-Lloyd to acquire Israeli ZIM
Hamburg
The German company will be responsible for international operations, while those in and with Israel will be assigned to the Tel Aviv-based private equity firm FIMI Opportunity Funds.
Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement
Dubai
It Kazim appointed president and Yuvraj Narayan managing director
Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven
Bremen/The Hague
CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa
Hong Kong
Tomorrow will be inaugurated the new container terminal of transhipment of Damietta
Bremen/Melzo
Its ability to annual traffic will rise up to 3,3 million teu
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
Two FMC commissioners call on the US government to take action against Canadian and Mexican ports
Washington
Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged
Annual container traffic handled by the port of Algeciras remains stable.
Algeciras
A 6.2% decrease in the weight of goods in containers was recorded
The EU Commission authorizes Italy to provide financial support for rail operations in ports.
Rome
Incentives for a maximum total of 30 million euros over five years
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.
Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port
Geneva
It occupies an area of over 100 thousand square meters
Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics
Rome
Monthly gross earnings increase at 750 Euros in three tranche
Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management
Sydney
It was unanimously approved by the Australian logistic group Cda
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Livorno
Livorno Reefer to acquire stake in CSC
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
ICS has published its periodic analysis of flag state performance
London
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
››› Meetings File
PRESS REVIEW
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
De Wave Group has acquired French company DL Services.
Genoa
The company specializes in the design of industrial kitchens and the supply of technical components and spare parts on board
CMA CGM's TUX transatlantic service will call at the port of Salerno
Marseille
The line connects Turkey with the East Coast of the USA
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