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Independent journal on economy and transport policy
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January 14, 2013
Sched Netweb site
  • Rate hikes return, Asia-Med US$1,356/TEU, Asia-Europe $1,418/TEU
  • US box imports expected to rise 2.3pc in January, but strike risk looms
  • Coscon and Sinotrans join hands in China-Japan shipping service
  • Views differ whether slow steaming benefits shippers or only carriers
  • Railway checkpoint of Alataw pass's trade volume hit 16.5 million tonnes
  • Xinjiang's trade with Kazakhstan slips 7pc in first 11 months of 2012
  • CMA CGM moves Moroccan fruit, veg via Agadir, Dunkirk, St Petersburg
  • Freight on Rail-commissioned research finds fault with larger trucks
  • California's Menlo opens 7th distribution centre in Singapore
  • Panama Canal approves construction start for bridge on Caribbean side
  • Chongqing West Logistics Park key projects to generate vast returns
  • Anhui province's 'logistics service supermarket' commences operation
  • GCS/Ruscon starts Ust-Luga-Nizhniy Novgorod block box train service
  • Federal Aviation Administration to run thorough check on Dreamliner
  • Zhengzhou airport's international cargo volume surges 288pc in 2012
  • Indonesia's Sky Aviation takes delivery of first Sukhoi Superjet 100
  • Iberia restructuring adds more A330s in readiness for carbon taxes

Exim Indiaweb site
JANUARY 11, 2013
  • ABG Shipyard plans 5,000 cr. investment in Gujarat
  • Arshiya International promoters make further payment to convert warrants
  • Asia-Europe container trade slump spanned 11 months in 2012
  • K Line to refocus on intra-Asia business
  • Kalmar to deliver three all-electric RTGs to CONCOR
  • MANSAs new Executive Committee meets DG Shipping
  • NYK Group cruise to support earthquake & tsunami reconstruction honoured as 2012 Cruise of the Year
  • Shashi Kiran Shetty acknowledged as Global Indian Maritime Personality
  • Weak cargo volumes undermined recent rate increases: Drewry
  • Cotton exports likely to dip
  • Pakistan to give India MFN status by month-end
  • Turkey lifts safeguard duty on Indian cotton yarn
  • Marc Van Peel remains Chairman of Antwerp Port Authority
  • PIL filed against KoPT
  • Container freight station planned near Attari
  • Exports continue to fall; Dec. shipment declines by 1.92 pc to $24.8 bn
  • Foreign shores hold greener pastures
  • Forex reserves drop by $1.58 bn to $294.99 bn
  • INR ends week firm on heavy dollar selling by exporters
  • Release of Exim Indias Vibrant Gujarat 2013 Special Issue
  • PD Ports welcomes worlds first purpose-built wind turbine installation vessel into Hartlepool
  • Project Forwarding Certificate in Shanghai targets rising stars
  • Rickmers-Linie expands global presence with new office in Singapore

International Transport Journalweb site
JANUARY 11, 2013
  • Russian Railways Logistics starts transporting Synthez-Kauchuk products
    Russian Railways Logistics (RRL) recently started to transport JSC Synthez-Kauchuk's finished goods for export. The first 30 containers have been shipped to India, Indonesia and So...
  • Port of Antwerp handles 183.8 million t of freight in 2012
    The port of Antwerp (Belgium) handled an estimated 183.8 million t of freight in 2012. This is a decrease of 1.8% compared with 2011, when 187.2 million t were lifted. The port's c...
  • Lynden International expands network in Canada
    Lynden International, a full-service freight forwarding and logistics company in North America, opened a new service centre in Edmonton, Alberta (Canada). The new location adds a s...
  • Daimler Truck sales up significantly in 2012
    Despite widely varying developments in its markets, Daimler Trucks was able to increase sales significantly last year. Unit sales through November 2012 for the division's six brand...
  • CN expected to generate operational efficiencies and improve service
    Canadian National Railway Company (CN) has completed the merger of the Elgin, Joliet and Eastern Railway Company (EJ&E) into its Wisconsin Central Ltd. subsidiary. The merger o...
  • Chemion Logistik pools management levels
    Chemion Logistik, a provider of logistics services for the chemical industry, implemented a new organisation structure that merged the second and third managerial levels, effective...
  • Kuehne + Nagel lands Agco contract
    The global service provider Kuehne + Nagel (K + N) has been awarded a contract by Agco to manage its aftermarket parts distribution centre (PDC) in Johannesburg (South Africa). Fro...
  • New head of corporate communications at Swisslog
    Reto Sidler will become head of Swisslog's corporate communications on 1 February. He is taking over from Christian Winiker, who is leaving the global provider of integrated solut...
  • Brussels Airlines to expand African flight offer
    Brussels Airlines, a Belgian member of the Lufthansa group, is to augment its African flight offer by boosting frequencies to several destinations this year. Dakar (Senegal) will b...
  • New aviation jet fuel in Doha
    Qatar Petroleum (QP), Qatar Airways and Shell celebrated the first commercial introduction of a new aviation jet fuel - the first to be approved globally in over two decades. The i...
  • Dreamliner fire hits Japanese battery maker's shares
    The news agency Reuters has reported that shares of Japan's GS Yuasa, which makes batteries for Boeing's 787 Dreamliner, fell sharply for a second day on 9 January after a fire abo...
  • 15 years of service for Hertzog & Partner
    Armin Haug, regional manager south in Stuttgart, is celebrating his fifteenth successful year at Elmar Hertzog und Partner Management Consultants GmbH this month (January). Hertzog...
  • Schenker Logistics building new logistics centre in Nuremberg's port
    The German service provider DB Schenker Logistics held a groundbreaking ceremony to mark the official start of construction work on a state-of-the-art logistics centre at the inlan...
  • GLS opens new branch office in Zaragoza
    The parcel service provider GLS has opened a new branch office in San Juan de Mozarrifar near Zaragoza (Spain). The centre includes a 2,000 sqm warehouse with 13 docking gates, amo...
  • Menlo Worldwide Logistics extends activities in Singapore
    Menlo Worldwide Logistics, the global logistics subsidiary of Con-way Inc, recently opened a new warehousing and retail distribution management centre on Sunview Way in Singapore. ...

Marine Logweb site
JANUARY 11, 2013
  • Tanker that struck Bay Bridge is cleared to sail
  • EU funding for LNG bunkering vessel project
  • ClassNK to expand its U.S. brown water market services
  • Tidewater takes over three PSV newbuild contracts
  • Deltamarin gets design contract for Stolt Nielsen newbuilds
  • BAE Norfolk gets $80.6 million mod to LHD 7 contract

World Wide Shipperweb site
JANUARY 11, 2013
  • Longtime Alexander Gow exec retires from president position
  • FAA to conduct review of Boeing 787 critical systems
  • US rail freight traffic comes in mixed for year
  • Tom Albro named president of Port of Seattle Commission
  • Oregon Air National Guard renews lease at Portland Airport

Lloyd's Listweb site
JANUARY 11, 2013
  • The hows and whys of impairment
    Values on paper need to reflect real world, accountants stress
  • Setting the parameters
    Impairment test is slightly different under the US Generally Accepted Accounting Principles
  • The next generation
    Recruiting talent means promoting the industry to young people
  • Unanswered questions
    It is time we stopped looking to apportion blame and started making changes to ensure a similar passengership casualty never happens again
  • Ultrabulk orders kamsarmax bulk carrier in Japan
    Commercial operator builds up its own fleet
  • IMO makes safety its priority
    Sekimizu pledges to reduce maritime casualties by half by 2015
  • Passengerships hit by reinsurance rates hike
    Sector bears the brunt with 125% increase from IG excess of loss contract renewal
  • Regulatory sustainability tops the shipping agenda
    IMO plans industry-wide consultation as ICS calls for pragmatism
  • Tight-lipped Carnival waits for the inquiry results
    UK chief executive eyes market reaction to the casualty
  • Asia-Europe box trade bounces back
    Shanghai-Rotterdam surges nearly 14% as lines stall ships to squeeze out supply
  • Cancelled OSG contracts taken up by new charterers
    More deals will appear this year, say brokers
  • A paler shade of green
    A fuel-efficient newbuilding does not an eco-ship make
  • Contship expects another 'complex' year ahead
    Volumes recover at Gioia Tauro hub but uncertainty persists
  • Cruise lines put their house in order
    The cruiseship industry has moved quickly to review safety
  • OSG sets stage for purge of charter and pool agreements
    Owners of rejected bareboat quintet fight back in court
  • Costa Concordia's master to be indicted this month
    Prosecutors ended their investigation in December
  • Singapore posts 5.9% rise in box throughput
    Port volume is edging up on Shanghai
  • Capesize commentary: Stormy weather
    Brokers see a better week following in wake of the Australian cyclone
  • Frontline raises $310m for newbuildings
    Fredriksen's expansion drive gathers steam
  • IG overhauls general excess of loss contract
    Move mitigates significant rate increases sought by reinsurers
  • Newbuilding consultants cash in on craze for eco designs
    Denmark's Erria eyes opportunities to advise owners
  • Flag state's preliminary findings signal need for change
    Full report will establish how far responsibility extends beyond the master
  • Italy's Costa Concordia investigation report still not released
    Lessons cannot be learned until vital information is released
  • Cruise industry should look to aviation, says Skagerrak
    Foundation accident investigator outlines areas that need attention
  • Costa Concordia: a salvage like no other
    Fall-out from the Costa Concordia casualty will 'rage on for years'
  • STX Pan Ocean resells orders at STX OSV to Tidewater
    Acquisition rumours mount as shipbuilder resells its only offshore orders
  • Costa Concordia drives premium hikes for shipowners
    As vessels get larger, the exposure risk grows too
  • Emergency shot
    Debtor in possession financing could see Korea Line pull through
  • Teekay Offshore Partners raises $235m in Norwegian bond issue
    Cash earmarked to pay off revolving debt
  • China Shipping and MOL close to $1.5bn deal for eight LNG ships
    Six vessels to be built at Hudong Zhonghua, while two options may be bound for a second yard

Fairplayweb site
JANUARY 11, 2013
  • ClassNK expands in US
    JAPANESE classification society ClassNK is expanding its services in the US to meet growing demand
  • Tripartite LNG deal struck
    JAPAN'S Chubu Electric Power said it has struck the first tripartite LNG sales purchase agreement in Asia, IHS World Markets Energy reported today
  • ABG plans another yard
    INDIA'S largest private builder, ABG Shipyard, said today it plans to build a new yard in the West Coast state of Gujarat
  • Malaysian oil terminal to be expanded
    MALAYSIA'S MISC and Vitol, the world's largest oil trader, plan nearly twice as much oil storage capacity at their terminal in Johor state, IHS World Markets Energy reported today
  • Unipec outstrips Shell as tanker charter leader
    UNIPEC has supplanted Shell as the world's top tanker charterer, according to Poten & Partners, the New York broker
  • COSCOL heavy-lift handling rises 106%
    COSCO Shipping's handling of heavy-lift cargo reached a record 146,200 tonnes in December, 106% more than in November
  • GAIL to need 6-7 gas carriers
    THE ENERGY group GAIL India will need at least half a dozen of gas carriers to serve a new LNG terminal, a shipping analyst predicted today
  • Boskalis raises €320M
    ROYAL Boskalis Westminster, the Dutch services group best known for dredging, said today it has raised €320M ($416M) in fresh equity
  • Rizhao terminal expansion OK'd
    CHINA'S Rizhao port has gained approval for its plan to expand its Lanshan oil terminal's capacity by 300,000 tonnes per year
  • Mariners missing in sinking
    TWO MARINERS are missing and nine more are awaiting rescue today off South Sulawesi, Indonesia, after their cement carrier Emeline sank in the Flores Sea during Cyclone Narelle
  • Nam Cheong targets $38M
    MALAYSIA'S largest OSV builder Nam Cheong said today it wants to raise about S$47M ($38M) in capital by selling up to 190M ordinary shares
  • Singapore fuel oil stocks near four-year low
    FUEL OIL and low-sulphur waxy residue stocks in Singapore have fallen nearly to a four-year low amid high demand for low-sulphur fuel oil in Japan
  • Malaysia palm inventory rises
    MALAYSIAN palm oil stocks rose 27.6% year on year in 2012, mainly because of higher production and lower shipments to China and Pakistan
  • Yangzijiang buys more Chongqing steel
    YANGZIJIANG Shipbuilding has signed a contract with Chongqing Iron & Steel to buy 400,000 tonnes of marine steel in 2013
  • STX OSV secures deal for three PSVs
    STX OSV said today it has landed a deal with a returning client for three PSVs being built at its Norway yard

The Journal of Commerceweb site
JANUARY 13, 2013
  • A Cliffhanger for US Trade
    Get ready for another year of modest growth for U.S. containerized imports. Surprised? You shouldn't be. A year ago, I predicted overall imports would grow 2.8 percent in 2012; through September, imports were up 3.3 percent, and I'm forecasting full-year 2012 growth in the 3.0 to 3.5 percent range. As expected,...
  • Annual Review & Outlook 2013: Association of Canadian Port Authorities
    Given the number of unknowns faced by the global economy, any predictions as to what lies ahead for 2013 are likely to be about as accurate as reading the entrails of crows. Uncertainty regarding the economic strength of the European Union, the depth of a Chinese slowdown and, as I...
  • Annual Review & Outlook 2013: APM Terminals Americas
    2013 will be a continued year of change. We will see even larger vessels call throughout North and Latin America as shipping lines cascade further tonnage into these markets. This will require some ports and terminals to invest further in infrastructure to be able to handle the bigger ships. This...
  • Annual Review & Outlook 2013: AMA Capital Partners / New York Maritime
    The "game changer" we have been championing for the industry for the past two years has been capital constraints. The tightness of bank lending combined with the challenges of raising equity, either private or public. Nothing has changed; indeed, one might argue that the situation worsened in 2012. Bankruptcies abound, and...
  • Annual Review & Outlook 2013: AlixPartners
    To use an oft-cited, but appropriate, metaphor, the global container shipping community continues to find itself in somewhat of a "perfect storm." Early 2012 optimism that rates had positive momentum has all but dissipated as the industry enters the crucial first quarter rate season for 2013. The macroeconomic outlook for...
  • Prospects for Growth Stronger Next Year
    The United States in 2013 may resume its role as the economic engine for the rest of the world, but to do so will require deep compromise from Republicans and Democrats to avoid the fiscal cliff that, left unchecked, could send the economy and trade over the edge. But with much...
  • For Ocean Shipping, It's a Tale of Two Europes
    When the annual round of contract negotiations between trans-Atlantic shippers and ocean carriers starts up later this winter, the tone may be more intense than in the past. Freight rates in the trade ended 2012 with a whimper, as carriers collected only a small portion of the series of general...
  • US-Latin Trade: En Fuego
    Latin America may have a long way to go if it's ever going to replace China as the largest exporter to the U.S., but the region is certainly making its presence felt in products as diverse as automobiles, electronics and apparel. Two-way trade between the U.S. and Latin America increased 82...
  • Asia's Growth Comes From Within
    That Wan Hai Lines attributed its third quarter profit turnaround to its decision to shift resources from the destitute Asia-Europe market to growing intra-Asia trades is testament to the strong fundamentals underpinning Asia's regional trade. Asia's regional container business, which includes more than 3,500 port pairs, has always been complex. For...
  • Carriers Keeping Eyes on Europe
    The Asia-Europe liner trades will dominate container shipping's strategic planning through 2013 as ocean carriers confront a nightmare mix of declining traffic, persistent overcapacity, high oil prices and the imminent arrival of the world's largest vessels. Many carriers returned to the black in 2012 from the bloodletting of 2011 largely because...
  • Slowing Economic Growth Clouds Breakbulk Outlook
    The global market for breakbulk and project cargo, long considered somewhat immune to the economic cycles, is facing some of the same headwinds affecting other cargo sectors in 2013. The transportation of project cargo to the sites of large mining, oil-exploration and industrial projects is usually contracted out years in advance,...
  • Three Common Global Trade Compliance Deficiencies that Affect Your Bottom Line
    Today, the benefits of sourcing from low cost countries and selling into new foreign markets are driving most companies to go global. However, many of these companies are still making do with sub-standard global processes and technologies borrowed from domestic organizations.Amber Road's latest eBook, Three Common Global Trade Compliance Deficiencies...

Containerisation Internationalweb site
JANUARY 11, 2013
  • Lines' profits could reach USD5bn in 2013
    Global container lines should end 2013 comfortably in profit after a collective return to the black last year, as long as they are able to keep ship supply under ...
  • GCS/Ruscon launches Russian block-train
    A new block-train service is being launched by GCS/Ruscon out of the new Ust-Luga Container Terminal (ULCT) over a distance of more than 1,100km to Nizhniy Novgorod, ...
  • Another 'complex' year for Contship
    The Cecilia Eckelmann-Battistello-led Contship Italia, a major player in the Italian port market, experienced a 'complex' year at its terminals in 2012 and is expecting ...
  • 14% spike in Asia north Europe spot rates
    Drewry's Shanghai to Rotterdam World Container Index jumped by 13.8% this week, to $2,727 per FEU after falling back by a similar number around the Christmas period. ...
  • Chinese exports smash forecasts
    Exports from China rocketed by 14.1% year-on-year in November beating analyst predications by a massive 10%. It added to the positive sentiment following the recent ...
  • Box traffic retreats at Dunkirk
    French North Sea port Dunkirk saw container traffic fall 5% last year to 260,000 teu although total volumes for all trades were near-static at 47.2m tonnes.France's ...

TradeWindsweb site
JANUARY 11, 2013
  • DFDS quells uncertainty
    Negotiations between DFDS of Denmark and insolvent German shipyard P+S Werften over a troubled newbuilding order haven't collapsed despite reports to the contrary.
  • Tsakos tied to raid
    The sale-and-purchase market is ripe with rumours that diversified Greek operator Tsakos Shipping & Trading has paid $90m to purchase a pair of panamax containerships.
  • Duo detained
    The US Coast Guard (USCG) has accused the crews of an Odfjell chemical carrier and bulker controlled by the Navios clan of discharging oily waste into the sea.
  • Principal behind buy?
    Principal Maritime of the US is rumoured to be the buyer of a suezmax resale from South Korean shipbuilder Samsung Heavy Industries.
  • Ultrabulk back in Japan
    Ultrabulk has returned to its favoured shipbuilding nation of Japan for a kamsarmax newbuilding.
  • Crew on strike
    Seafarers on a German cargoship have refused to work due to lack of pay.
  • Trafigura pulls the trigger
    Trafigura has acquired three medium-range (MR) products tankers from Overseas Maritime Carriers (OMC) of Switzerland.
  • Danske's double top
    Danske Bank has flagged AP Moller-Maersk and Hoegh LNG as its top picks for 2013.
  • Farstad racks them up
    Farstad has won charter contracts for six of its offshore support vessels with a variety of companies.
  • VL scrap trap
    VLCC scrapping could slow this year as owners look to catch the upturn with older vessels, ICAP says.
  • Indian bond boost
    Two Indian ports and a shipping company have won state approval to sell INR 35bn ($638.5m) of tax-free bonds.
  • GAIL still undecided
    India's state-run gas group may yet charter in the seven new LNG carriers it needs, rather than heading to shipyards for newbuildings.
  • Nigerian attacks retreat
    An escalation of pirate activity in the Niger Delta at the end of 2012 did not stop a reduction in incidents in Nigerian waters in the year as a whole.
  • TransLink angers yards
    Canadian shipbuilders have called for a domestic owner's ferry order in the Netherlands to be cancelled.
  • V.Ships to bang down door
    V.Ships is hoping its new deal with Costamare will finally open the door to the Greek market for the world's third largest third party shipmanager.
  • Nam Cheong in fundraiser
    Nam Cheong plans to carry out a new share offering to help fund its shipbuilding and vessel chartering businesses.
  • Waste boxes sent back
    A German containership must return two boxes allegedly containing toxic waste to the UK, Nigerian authorities said.
  • Premium deal for BW
    TradeWinds digests the digits making the headlines this week.
  • Iran, Iraq agree link
    Iran and Iraq will launch a new passenger shipping service between Abadan and Basra.
  • Frigstad orders at CIMC Raffles
    Cyprus-based Frigstad Deepwater has turned to CIMC Raffles two ultra deepwater semi-submersible drilling rigs with options for four four.
  • Karjalainen quits ESL
    ESL Shipping has drafted in a temporary boss after president Markus Karjalainen resigned.
  • Agnes goes aground
    A Vietnamese cargoship has been forced aground on an Indonesian beach in a storm.
  • Boskalis completes funding
    Royal Boskalis Westminster has successfully raised EUR 320m ($425m) from a share placement to help fund its takeover of heavylift outfit Dockwise.
  • Cape cash for Fredriksen
    John Fredriksen's Frontline 2012 has collected over $300m from investors to finance a slice of its ever-expending orderbook.
  • German duo buy TT-Line
    Two German investors have taken over Baltic ro-ro operator TT-Line.
  • Day of reckoning arrives
    Owners of bulk carriers are among those to be severely hit by huge increases in reinsurance costs to be passed on by the protection and indemnity clubs.
  • Cosco eyes second tie-up
    State-owned Cosco is teaming up with a second Chinese containership rival to weather the shipping downturn.
  • There once were four ugly ducklings...
    We take a look at what was said in the market over the past week.
  • Cement carrier sinks
    Two crew are missing and nine awaiting rescue on life rafts after a cargoship sank off Indonesia.
  • Singapore numbers up
    The Port of Singapore had a bumper year in 2012 despite it being a year that most shipowners will not look back upon with any degree of happiness.
  • NCL ups IPO ambitions
    Norwegian Cruise Line has set a new target of $400m its upcoming IPO.
  • Teekay Offshore gets cash
    Teekay Offshore Partners has successfully completed its Norwegian bond issue, raising NOK 1,300m ($235m) in total.
  • Tidewater takes STX trio
    US offshore giant Tidewater has taken over the contracts for three 87.9 metre platform supply vessels (PSV) that are under construction at STX OSV shipyards in Norway.

American Shipperweb site
JANUARY 11, 2013
  • Reports: G6 carriers will cooperate on U.S. East Coast services
    Sources have confirmed to American Shipper reports that the so-called "G6 Alliance" of liner carriers will extend its cooperation beyond the Asia-to-Europe trades to the Asia-to-East Coast of the United States.
  • Analysis: Trucking continues to take freight from skies
    A number of factors ranging from the impending U.S. hours of service requirements to a lack of drivers on the road will lead to a tightening of trucking capacity this year, taking more market share from air freight carriers.
  • Port Logistics acquires Pacific Distribution
  • PSA throughput grows 5.2% in 2012
  • U.S. $2,500 limit for informal entries takes effect
    CBP last month published notice of its intent to increase by $500 the limit for which merchandise may qualify for an informal entry, thereby eliminating the need for a surety bond, expediting customs clearance and reducing the MPF amount.
  • Donahue outlines U.S. Chamber's legislative priorities
  • SAP to migrate ERP to new database technology
    The global enterprise resource planning (ERP) giant on Thursday unveiled a new database option for its system that allows for the capture and analysis of transactional data on a real-time basis.
  • New Orleans not hindered by low water
  • Organizations start young professionals program
  • U.S. challenges Indonesia's ag products restrictions
  • Ex-Im Bank backs fire truck exports to Nigeria
  • CTA backs biofuel exemption for Maritimes
  • ITC starts 2 digital trade investigations

The Bunker Bulletinweb site
JANUARY 11, 2013
  • Weekly global market update
    A weekly price round up of bunkering hubs from around the world.
  • Bunker prices in the Americas end week on mixed note
    Demand and avails were good in Houston, according to a local supplier.
  • EU provides funding towards LNG bunkering research
    Project aimed at converting an existing vessel into a LNG bunkering ship so it may be used to refuel other ships.
  • North American ECA: Fuel availability and increasing costs main issues
    Immature technology not the primary concern, according to Sustainable Shipping poll.
  • LNG bunkering vessel design 'evolving'
    Vessel is designed for growing LNG bunkering market of the North European ECA with a special focus on the Baltic sea.
  • Prices close week soft in Fujairah
    Prices firm in Cape Town and Durban.
  • Bunker prices dip in northwest Europe
    Losses seen in Rotterdam and Hamburg.
  • High winds disrupt bunkering at Novorossiysk
    Impact likely to be felt until late Saturday.
  • OW Bunker buys two tankers
    Company already had ships on bareboat charter.
  • Arbitrage volumes could be weaker than predicted
    The volume of fuel oil arbitrage cargoes heading into Asia in February has been revised down.
  • Annual policy address could target ship-generated emissions
    Hong Kong could be about to announce mandatory restrictions on sulphur levels.
  • Bunker prices reverse upward trend at week's close
    In Singapore, benchmark 380 cSt bunker fuel dropped $3.50 to close at $636.00 pmt.
  • Frontline share placement to fund new buys
    $310 million raised from private placement of new shares.
  • New MD for Fratelli in Singapore
    Douglas Lee brings 'wealth of experience' to the role.
  • FAL Oil suspends debt restructuring talks with lenders
    Hoping its new business plan will allow it to secure a debt repayment agreement by the end of the month.
  • Bunker barge officially joins supplier's fleet
    MT Sahir will operate in the Mumbai port area.
  • Sentek displaces Brightoil as Singapore's second largest supplier
    Market share held by the top players may have declined.
  • Chimbusco builds new fuel oil facility in Tianjin
    Construction to be completed by April.
  • Goldman Sachs hires former Brightoil bunker CEO
    Quek Chin Thean will head its commodities trading team from Singapore.

›››File
FROM THE HOME PAGE
LNG Ships and Taxonomy: EU Court Rejects Lack of Methane Limits
The Commission will have to set a methane emissions threshold for maritime transport criteria. The appeal by three NGOs was partially upheld.
Ports: The EU Commission calls on Italy to reject the national flag requirement for towing and mooring.
Brussels
France and Spain also received a reasoned opinion: two months to comply with the regulation on port services.
Another ship attacked in the Strait of Hormuz
Southampton/Tehran
Iran faces a shortage of basic goods, which are also imported through the Persian Gulf.
European Corridors: Italy Faces the 2030 Challenge
Brussels
National infrastructure largely compliant, but timing and funding of key projects remain uncertain
Electrification of ports and airports: the electricity grid is the new bottleneck
Brussels
Transport & Environment calls for speeding up connections and moving beyond the "first come, first served" criterion.
Boluda manages the multipurpose terminal at the Príncep d'Espanya pier in the port of Barcelona
Barcelona
The concession contract will have a duration of 16 years
The current value of Aeroporto di Genova Spa is between 14.9 and 15.9 million euros.
Genoa
PwC's assessment presented
FEPORT: EU ETS should not push transhipment out of Europe
Brussels
The terminal operators' federation calls on the ENVI commission to strengthen measures against tax evasion and to allocate part of the ETS revenues to ports.
New series of attacks on ships in the Strait of Hormuz
Southampton/Tehran/Tampa
Three tankers hit by shells. Another vessel caught fire.
Eurokai, higher revenues but lower profits
Eurokai, higher revenues but lower profits
Hamburg
Revenue up 14.4% and traffic up 8.3%, but net profit fell by 8.3% due to the lower share of Eurogate.
Genoa's boarding tax: the Regional Administrative Court rules in favor of the City Council.
Genoa
The appeal of shipowners and shipping agents was rejected
Carnival reports record revenues and profits in the June-August quarter despite a 36% increase in fuel costs.
Carnival reports record revenues and profits in the June-August quarter despite a 36% increase in fuel costs.
Miami
Customer deposits are at their highest. Prices and occupancy are expected to record next year.
Winners and losers in port connectivity: the long journey of Italian ports' ups and downs.
Winners and losers in port connectivity: the long journey of Italian ports' ups and downs.
Geneva
UNCTAD indices reveal a changing Mediterranean: Italy slips to seventh place, La Spezia, Trieste and Vado Ligure grow, while the South loses ground.
Electric trucks more affordable than diesel in six major EU markets
Brussels
According to T&E, in countries that account for 46% of European sales, electric vehicles have already become cheaper in five years. Italy, Spain, and Poland are lagging behind.
AP Moller Capital to acquire majority stake in Euroports
Copenhagen/Antwerp
R-Logitech will exit the capital, while PMV and SFPIM will remain shareholders
China, exports are growing but ports are slowing down
Beijing
In August, global foreign trade increased by +19.8%, but international goods handled by seaports decreased by -2.3%.
From Puertos del Estado to Ports of Italy: the same inspiration, an opposite outcome.
Genoa
For port reform, the government is referring to the Spanish model, but is building the exact opposite: yet another counter that the Italian corporate spirit knows how to invent so well.
Maritime ETS: Brussels opens up to hybrid and electric ferries, but Interferry demands more.
Brussels
The proposed revision strengthens the SMAP mechanism but leaves the issue of port networks and infrastructure to AFIR and FuelEU Maritime
Seafarer killed aboard bulk carrier attacked in the Strait of Hormuz
New Delhi/Southampton/Tehran
The other crew members were rescued.
Freight traffic in the ports of Genoa and Savona-Vado continues to oscillate between signs of recovery and slowdown
Genoa
In July, volumes increased in both Ligurian ports
Trasportounito offers an automatic system to adjust road haulage rates to the price of diesel.
Rome
Seafarers, five years after the Code of Conduct, the gap between policy and reality remains.
London
Shipping companies' compliance is growing, but issues remain regarding fatigue, psychological safety, complaints and recruitment fees.
Last month, ship traffic in the Suez Canal increased by +26.9%
Ismailia
In the first eight months of 2026, it was crossed by 9,602 ships (+17.4%)
Decision on crucial rail section of Scandinavian-Mediterranean Corridor in Germany postponed again
Hamburg
German port operators are calling for an acceleration of both new infrastructure and the upgrading of the existing line.
Kuehne+Nagel agrees to long-term strategic partnership with Amazon
Schindellegi
The agreement includes a call option on existing shares of the logistics group
MSC in talks to acquire German shipbuilding group Meyer Werft
New York
Currently, 80.73% of the capital is held by the German Federal Government and the State of Lower Saxony.
Trafigura creates a new shipping company dedicated to oil transport
Geneva
Initially Volare Shipping has a fleet of six VLCCs plus eight under construction
Shipowners are calling on EU member states to approve the inclusion of two Indian shipyards in the European list of ship recycling facilities.
Brussels
The new headquarters of the Italian Merchant Marine Academy has been inaugurated in Genoa.
Genoa
French ports see a balance between increases and decreases in the second quarter.
Paris
Total traffic reached 71.1 million tons (-0.2%). Containers increased by 8.1%.
The Genoa Port Master Plan, the Pra' dock, and the Multedo chemical depots are the thorniest issues in the discussions with operators and the local community.
Genoa
Crosetto: The Italian Navy will ensure the safe transit of Italian ships through the Strait of Bab el-Mandeb.
La Spezia
We have - the Minister of Defense underlined - the capabilities to protect its passage
Assiterminal: Seabed certainty and planned dredging are essential for port competitiveness.
Genoa
Mordeglia: We don't just need a simpler rule, we need a predictable one.
Germany is reforming VAT to make its ports more competitive.
Hamburg
The Conference of Finance Ministers approves the compensation model that should eliminate the pre-financing of the tax from 2030
Saudi Arabia denounces that the Houthis are pursuing a policy aimed at "strangling the Straits", holding the international community hostage
New York
The UN Security Council is divided between condemnations and calls for negotiations.
WTO: A reform of the trading system could increase global GDP by 3% by 2050
Geneva
The World Trade Report 2026 warns of the costs of fragmentation: up to 7% less global GDP in a world dominated by free trade agreements
One in ten containers is not up to standard
Washington
WSC publishes 2025 inspection data: out of 93,079 units inspected in seven countries, 9,645 had deficiencies
The World Shipping Council (WSC), the international association representing the world's leading container shipowners, has urged member states...
Maersk and Hapag-Lloyd to bring back four services on the Suez Canal route
Copenhagen/Hamburg
The lines connect Asia with Europe/Mediterranean
Neri and Nova Marine Carriers Groups to Control Calata Orlando Terminal
Lugano
The Livorno terminal will be the subject of a significant investment
Cavotec and EVIAS sign agreement for charging electric port vehicles on the move.
Stockholm
The Swedish company becomes the exclusive distributor and installer for the port sector of the French company's technologies
Hapag-Lloyd signs agreement with DP World to secure terminal capacity in Africa
Hamburg
The agreement concerns the ports of Dakar, Luanda, Dar es Salaam, Banana and Maputo
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
Tanker attacked in Hormuz
Southampton
The unit continued its navigation regularly
FS Logistix and Interporto Bologna presented the first Italian experimental DAC train
Assologistica event to discuss the Mediterranean strategy for Italian competitiveness
Rome
It will be held next October 30th in Naples
Sanilog launches a special cancer prevention campaign.
Rome
Three new areas dedicated to the prevention of head and neck and oral cavity cancers and the assessment of vascular risk
Contract awarded for dredging and completion of the electrification of the docks at the port of Gioia Tauro.
Gioia Tauro
They will be carried out respectively by Dravo and RTI Saet-Suardi
Student Naval Architect Award Awarded in Genoa
Genoa
The d'Amico Group and the Royal Institution of Naval Architects recognize excellence in naval engineering.
Freight transport is more expensive for Malta: €35 million per year between ETS, FuelEU and BAF
Zebbug
The hauliers' association calls on the government to challenge a European policy designed for the continent.
CMA CGM has finalized the acquisition of FedEx Supply Chain.
Marseille/Atlanta
With the transaction, CEVA Logistics' presence in North America has tripled.
Contships to order 10 feeder vessels with options for a further 10+10
Athens
Letter of intent with China's Hubei Guangji Green Energy Shipbuilding Group Co.
DP World signs agreement to develop deepwater port in Nigeria's Ogun State.
Dubai
The project includes approximately four kilometers of docks
New port regulations for Civitavecchia, Fiumicino, and Gaeta have been approved.
Civitavecchia
The procedural agreement with Interminal in Gaeta has been approved.
Kotug Acquires Majority Stake in Vortex Offshore
Rotterdam
The Dubai-based company provides maritime services to the offshore industry in the Middle East.
Over €1.9 billion in Spain to improve road and rail connections between ports
Madrid
Port authorities will contribute 875.1 million euros
Attica Holdings sold the ro-pax vessel Levka Ori for €8.3 million.
Kallithea
The ferry was built in 1987
DFDS's Trieste-Damietta ro-ro service will become bi-weekly in mid-October
Copenhagen
Inserting a second vessel into the route
The Italian Merchant Marine Academy increases cooperation with the Port of Durres.
Genoa
A memorandum of understanding has been signed
A volume on the history of the Tuscan port system will be presented in Livorno on Friday.
Livorno
A comparison of the key players in the port sector: from the reforms of the 1990s to the challenges of the future.
Suardiaz takes delivery of a 5,000-car LNG-powered car carrier
Madrid
A second PCTC vessel is expected in mid-2027
Hapag-Lloyd raises its 2026 outlook further
Hamburg
Strong demand and rising spot freight rates are pushing the company to significantly increase its EBITDA and EBIT forecasts.
UNIPORT's public meeting will be held in Rome on October 6th.
Rome
Debate on port reform and other relevant aspects of the sector
Pilot project for the production and use of green hydrogen at the port of Savona
Savona
Paroli (Western Ligurian Port Authority): a port area has been identified for work.
Tarros and Nurminen Logistics launch new Scandinavian-Mediterranean intermodal service
La Spezia/Helsinki
The land route connects Örebro, Parma and La Spezia
The first caisson of the breakwater protecting the regasification plant off the coast of Ravenna has been laid.
Ravenna
The maritime work will be approximately 900 metres long
Fincantieri and PT PAL sign agreement for the modernization of an Indonesian Navy vessel
Trieste
This is the "Kri Sriwijaya" unit (formerly "Giuseppe Garibaldi")
In Italy, the blue economy is worth 225 billion, and the nautical industry alone exceeds 10 billion in exports.
Rome
SACE's Focus On presented at the Genoa Boat Show
Fire aboard the Blue Star Ferries ro-ro vessel Blue Carrier 2
Kallithea
The 29 people on board were evacuated
Costs and timescales for the reconstruction of the four US Navy shipyards are rising exponentially.
Washington
If in 2018 21 billion dollars and 20 years of work were expected, today the estimate is 200 billion and at least 50 years.
Shipping faces its triple challenge: decarbonization, geopolitics, and the new geography of the automotive industry.
Chaff
At the Euromed Convention in Grimaldi, the sector is dealing with new environmental regulations, increasingly exposed routes and the shift of automotive production towards Southeast Asia.
Orizzonte Sistemi Navali signs a €3.7 billion contract for two destroyers
Trieste
The "Domenico Millelire" PPA has been delivered to the Navy.
Livorno: The Supreme Court of Cassation overturns the convictions in the Darsena Toscana docks affair.
Rome
The appeal ruling overturned the court's acquittal and convicted three defendants of ideological forgery.
The Port of Rijeka expects to close 2026 with a record container traffic of 800,000 TEUs.
River
With the new terminal on the island of Krk, traffic could rise to 1.7 million TEUs
Offshore wind energy funding: Pichetto reassures Taranto, but Taranto demands certainty.
Taranto
The 2026 funding for the Apulian port drops to €13.9 million. Gugliotti hopes for a formal confirmation of the remaining resources in 2027.
Port reform: The majority pushes ahead with Porti d'Italia SpA
Rome
The Chamber's Transport Committee rejects the opposition's suppressive amendments.
Gela's Porto Rifugio has received a favorable opinion for dredging the port's waters.
Palermo
Greenbrier Europe to produce NIK transshipment system for TX Logistik
Troisdorf/Berlin
Allows rapid loading of non-craneable semi-trailers onto trains
Maersk opens its own logistics center in the heart of Germany
Herleshausen
Located in Herleshausen, it has a surface area of 71,800 square meters
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
South Korea's HJ Shipbuilding & Construction Co. wins orders for four new 10,100 TEU containerships
Busan
The contract has a total value of approximately 500 million dollars.
Democratic Party: The government's port reform paves the way for privatization of Italian ports.
Rome
Ghio and Misiani: it also takes resources and skills away from the territories
Port self-production: The Council of State denies the segmentability of the authorization pursuant to Article 16, paragraph 3.
Rome
Cartour's "partial" authorization in the port of Salerno has been suspended.
Port of Miami closes fiscal 2026 with record cruise traffic
Miami
The threshold of ten million passengers has been exceeded, compared to 8.56 million in the previous financial year.
The Grimaldi Group has taken delivery of the new pure car and truck carrier Grande Egitto.
Naples
Its load capacity reaches 9,800 ceu
Port reform will be discussed in Genoa on October 2nd.
Genoa
Workshop organized by the AdSP and the Altero Matteoli association
Fratelli Cosulich strengthens its logistics network with the opening of Express Global Dubai
Dubai
Teresa Cosulich will be responsible for the new logistics office.
"A Sea of Switzerland" will be held in Lugano on October 9th
Lugano
Ninth edition of the International Forum on Transport and Infrastructure
Brullo Group orders three 40,800-ton deadweight oil/chemical tanker vessels
Rome
Order to the Chinese shipyard Anhui Shipyard
New attack on a ship in the Strait of Hormuz
Southampton
A bullet caused minor injuries to two crew members
A new megayacht production, maintenance, and storage hub opens in Trieste.
Trieste
Trieste Shipyards was founded by Seadock (Samer group) and Yachting Expertise and is owned by Friulia
Confitarma applauds the government's initiative to protect Italian ships in the Red Sea.
Rome
Zanetti: Maritime security is, in effect, a component of national economic security
Unions approve the platform for the single collective bargaining agreement for the shipping industry.
Rome
Filt, Fit and Uilt, is structured around three central elements such as salary, protection, participation and thirteen concrete requests
FHP Intermodal is increasing the frequency of its freight rail service between Fiorenzuola and Incoronata/Bari.
Milan
It goes up to five days a week
This year over 2,000 large yachts operated along the Italian coasts
Rome
Plus 10% for owned boats and a substantially stable trend for chartered ones
The event "Cyber-resilience in the maritime sector: defense, regulations, and European cooperation" will be held in Rome on Tuesday.
Rome
It is organized by Var Group and Confitarma
Smeup, with the acquisition of HTG, expands its portfolio in the logistics and transport sector
Erbusco
The Turin-based company specializes in the development of proprietary software
Saudi Arabian ports: Liquid bulk throughput to decline sharply in 2025
Riyadh
Total traffic fell to 298.3 million tonnes (-10.9%)
A delegation from the Lithuanian port of Klaipeda visited the port of Livorno
Livorno
In-depth comparison of their respective infrastructure development plans
New OOCL service between the Western Mediterranean and Canada
Hong Kong
Collaboration with Ocean Alliance companies and other carriers
The port's future is at the center of the event celebrating the 80th anniversary of Assosped Venezia and Asamar Veneto.
Venice
A conference on Friday will be the highlight of the festival
Increase in port workers at the ports of Monfalcone and Milazzo
Rome
Green light from the General Directorate for Ports, Logistics and Intermodality of the Ministry of the Interior.
Cargo traffic in Greek ports is sharply declining
Piraeus
Stagnation in passenger numbers
Mercitalia Shunting & Terminal has purchased eight Eurolight Dual bimodal locomotives
Rome
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
Assologistica event to discuss the Mediterranean strategy for Italian competitiveness
Rome
It will be held next October 30th in Naples
UNIPORT's public meeting will be held in Rome on October 6th.
Rome
Debate on port reform and other relevant aspects of the sector
››› Meetings File
PRESS REVIEW
Cosco Shipping arm readies China IPO to capitalise on global shipbuilding wave
(South China Morning Post)
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Container traffic in the port of Hong Kong grew by 22.1% last month.
Hong Kong
Total for the first eight months of 2026 unchanged
AGV Expo, a new European trade fair dedicated to self-guided vehicles, will be held in Piacenza next month.
Genoa
The event will also host a rich program of conferences
Massive transnational fraud discovered in the road haulage sector
Chieti
Illegal employment of non-EU workers
Cargo traffic at the port of Singapore decreased by -4.9% in August
Singapore
In the first eight months of 2026, the port handled 30.7 million containers (+4.2%)
Cochin Shipyard and Drydocks World to jointly develop new international ship repair center in Cochin
Mumbai
An Iranian merchant ship was hit in the Strait of Hormuz
Tehran/Southampton
One sailor died and four other crew members were injured.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
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