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Independent journal on economy and transport policy
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February 25, 2013
Sched Netweb site
  • Maersk Group profit up 17pc to US$4 billion, boxes return to profitability
  • NOL posts US$419 million 2012 loss as revenue rises 3pc to $9.5 billion
  • OOCL's 13,208-TEUer damaged during Samsung Heavy Industries testing
  • ILWU dock clerks sign off on contract with LA-Long Beach employers
  • Asia-Med rates lead post Lunar New Year fall, off 8.7pc to US$1,148/TEU
  • NYK extends intra-Asia NYK restructures Japan-Thailand-India service
  • Stifel Nicolaus confidence index shows 50pc plus optimistic about 2013
  • Alianca takes delivery of 3,800-TEU newbuild for Brazilian service
  • Rizhao port experience overall cargo volume increase of 11.8pc in 2012
  • China's domestic dry bulk shipping capacity rises rapidly in 2012
  • Recession in Europe dampens road freight demand over holiday period
  • UK Club, Lloyds Register provide ILO rule compliance guide, checklist
  • Cathay Pacific Cargo Terminal commences initial commercial operations
  • AMI spearheads India expansion with Mumbai operation
  • Top air cargo hubs make modest gains in 2012, but 57pc post declines
  • UTair and Svyaz-Bank complete refinancing deal for Mi-8AMT helicopters

Exim Indiaweb site
FEBRUARY 22, 2013
  • DHL launches direct LCL services from India to Poland, Brazil
  • INSA-Customs & Central Excise points for Budget memorandum
  • NYK restructures Japan-Thailand-India service
  • Russia establishes regulatory authority for shorter northern sea route
  • SCI s Worldwide Agents Meet 2013 from today
  • Govt to impose anti-dumping duty on Chinese chemical
  • India may barter tea for Iranian crude
  • Pak agri lobby resisting MFN status to India
  • Kattupalli port holds promotional meet in Chennai
  • Ravi M. Parmar takes charge as Deputy Chairman of Mumbai Port Trust
  • Strike causes INR 100 cr. loss to Major Ports
  • VOC Port readies second container terminal
  • CII calls for speedy implementation of key projects, facilitating private investment through PPP
  • Railway PPP projects stuck on investor apathy
  • Road transporters body seeks minimum price for cargo
  • Forex reserves fall by $ 1 bn
  • India world s 19th largest exporter
  • INR sees biggest single-day gain in three weeks
  • Karan Adani s reception at Mundra

International Transport Journalweb site
FEBRUARY 22, 2013
  • Cargonet collaborating with MacAndrews
    The Norwegian rail service provider Cargonet and the MacAndrews shipping company have started to work more closely together. To this end, MacAndrews has extended its short sea serv...
  • Canada's truck drivers criticise lack of parking places
    The Canadian Trucking Alliance has reported that more than 60% of all truck drivers say they routinely have trouble finding park spots and places to rest while operating in Canada,...
  • Trucks do 26.6 billion km on German toll roads in 2012
    Heavy goods vehicles travelled around 26.6 billion km on toll roads in Germany in 2012. The distance was slightly less (-0.4%) than in 2011, even though the country's toll road net...
  • Aeroflot to resume B777 service
    Aeroflot wants to resume its Boeing B777-300ER operation today (22 February). The Russian airline suspended its services with this aircraft type after an engine shut-down incident ...
  • Matson Inc begins trading as MATX on NYSE
    The separation of Matson and Alexander & Baldwin Inc, first announced on 1 December 2011, has been completed. Matson Inc is now a stand-alone, publicly traded company that is r...
  • SNCF and Indian Railways establish alliance
    Representatives of the French national railway SNCF and Indian Railways have decided to set up a partnership. The agreement will initially last until 2020. SNCF will support its In...
  • Saudia Cargo sets all-time record in 2012
    Saudi Airlines Cargo achieved record annual results for 2012, posting total boarding figures of 516,000 t, thereby generating a 21% increase in revenue compared with 2011. The airl...
  • Camiel Eurlings named KLM president and CEO
    The KLM Royal Dutch Airlines' supervisory board has appointed Camiel Eurlings as president and CEO, with effect from 1 July. He will succeed Peter Hartman who has held this positio...
  • Etihad Cargo posts record January tonnage as demand grows
    Etihad Cargo, a division of the United Arab Emirates flag carrier Etihad Airways, posted a record uplift figure of 32,613 t of airfreight in January 2013, 27% more than in the same...
  • New executive vice-president at Geodis Wilson
    Kim Pedersen has been appointed executive vice-president of Geodis Wilson. He will head the global freight forwarding division of Geodis, from 1 March, and will also become a me...
  • Air Charter Service gets new group deputy managing director
    Air Charter Service has promoted Justin Bowman from commercial director to deputy managing director of the group, with immediate effect. Bowman will thus work more closely with ...
  • New managers for Panalpina Central Europe
    The Basel (Switzerland)-based global service provider Panalpina is filling managerial positions for the marketing, sales and ocean freight sectors in its Central Europe region (Ger...
  • TNT Express still in troubled waters despite slight increase in sales
    CEP service provider TNT Express, based in Hoofddorp (Netherlands), boosted its turnover to EUR 7.327 billion in financial 2012, a 1.1% increase compared to the EUR 7.246 billion r...
  • Geis opens new central hub in Slovakia
    The German logistics company Geis, headquartered in Bad Neustadt near Nuremberg, is strengthening its presence in Central Europe by its recent inauguration of a new central hub in ...

Marine Logweb site
FEBRUARY 22, 2013
  • Jensen Maritime designs Harley tugs and deck barge
  • Maersk Group turns in 2012 profit of $4 billion
  • NOL reports red ink year
  • Vroon names newbuild at Amsterdam repair yard

World Wide Shipperweb site
FEBRUARY 22, 2013
  • Jensen Maritime designs tugs, deck barge for Harley Marine
  • Ceremony to mark completion of Newport float replacement work
  • Neptune Orient Lines releases fourth quarter 2012 numbers
  • Port of Woodland nets grants for pair of development projects
  • US rail freight traffic rolls to mixed week

Lloyd's Listweb site
FEBRUARY 22, 2013
  • Battle of the giants
    The clock is ticking for Virginia ports complex
  • Maersk says 'no' to box shipping acquisitions
    Andersen welcomes consolidation by others but sees little scope for more mergers in market
  • Frontline's Jensen hopes for better times ahead
    But extremely low rates are taking their toll on the market, says tanker boss
  • An ill wind
    Higher prices will not pull container shipping back to decent levels of profit
  • A shipping soliloquy
    To foreclose or not to foreclose? That is the question
  • What price a reputation?
    The trials of Carnival Triumph tarnish the wider cruise industry
  • Bye-bye bankers?
    Industry specialists debate where ship finance will come from in future
  • Get used to expensive money, says Citibank director
    But banks will still lend on good deals, says Citibank's Chipalkatty
  • Eos launches West Africa private maritime security start-up
    Regional ban on non-naval armed guards sees teams load their weapons at sea
  • Slim margins as Maersk Line posts 2012 profit
    Focus on cost cutting as supply growth keeps freight rates under pressure
  • Frontline fourth quarter brings narrower loss
    Company boosts rates but continues to streamline its fleet
  • AP Moller-Maersk posts higher profit than forecast
    Maersk Line turnaround offsets a tough year for tankers
  • Capesize hopes turn to scrapping
    Humdrum market seeks boost from upturn in demolition
  • Yangzijiang maintains solid shipbuilding profit margin
    Contracts signed before the downturn stand the company in good stead
  • Dust settles after P&I renewal
    Some clubs pay for their robust approach as others take on new tonnage
  • Independent Shipping fleet under arrest
    UK charities feed Torrent crew unpaid since November
  • APMT posts 11.6% rise in profits
    Group's ports handled 35.4m teu last year
  • Nato consolidates maritime command in UK
    Closure of Naples base sees anti-terror operation move to Northwood
  • NOL ends 2012 in the red after fourth-quarter loss
    But Singapore owner reports gains based on savings to core earnings
  • Maersk Tankers loss deepens
    No market improvement likely for at least a couple of years
  • APMT develops 1.5m teu terminal near Izmir
    Deal with Petkim Petrokimya creates one of Turkey's largest box and general cargo ports

Fairplayweb site
FEBRUARY 22, 2013
  • APM exceeds its expectations
    APM SAID today profits for full-2012 were $4Bn, with a reversal by its box unit pushing the group ahead of the $3.7Bn it predicted in early November
  • STX Pan Ocean's record losses assessed
    STX PAN Ocean's full-year losses blew up to a record deficit of $418.3M for 2012, sparking sharp reactions today from an analyst about implications for the drybulk sector
  • NOL whittles down losses
    NOL SAID today it whittled down net losses for full-year 2012 to $419M, from $478M in 2011
  • Seoul imports 16% less crude from Iran
    AS IRAN upgrades its nuclear centrifuges, Korea National Oil figures indicated today that Seoul's imports of Iranian crude fell last month by 16.1% year on year
  • APM Terminals scheme confirmed in Turkey
    TURKEY'S Petkim today confirmed a deal under which APM Terminals would build and operate Aegean Gateway Terminal
  • Impairment charge whacks Eitzen's results
    EITZEN Chemical ended last year with net losses of $136.3M, after taking a $70.4M impairment charge in the fourth quarter
  • Cancellations hurt Yangzijiang profits
    CHINESE shipbuilder Yangzijiang said today net profits dropped 10% year on year in 2012, to 3.6Bn yuan ($576M)
  • China's NTS puts brakes on $312M scheme
    CHINA'S New Times Shipbuilding said today it has suspended a 2Bn yuan ($312M) offshore project
  • Taiwan Cement to buy ships for mainland work
    TAIWAN Cement plans to acquire six ships through its mainland subsidiary for inland river shipping in Guangdong and Guangxi
  • China's chemical cabotage capacity rises 17.9%
    CHINA'S capacity for coastal shipping of chemical products increased by 17.9% in 2012, according to the transport ministry
  • India's ports start strike recovery
    INDIA'S ports were today limping back to normalcy, clearing pile-ups from the country's two-day general strike
  • Sembcorp's profits drop
    SINGAPORE rig builder Sembcorp Marine said its 2012 profits fell 28% year on year to S$538M ($434.5M), mainly because of conservative margin recognitions on its first drill ship

The Journal of Commerceweb site
FEBRUARY 22, 2013
  • West Coast Ports Building - Overcapacity?
    After building the nation's largest terminals and dredging the deepest harbors, West Coast ports are facing a problem they are not used to - overcapacity. "We're well down the road to overcapacity," said Alan McCorkle, senior vice president in Los Angeles for APM Terminals. West Coast terminal operators are operating at...
  • NYK to Restructure Japan-Thailand-India Service
    NYK will restructure its Japan-Thailand-India service (HLS). After the restructure, the service will be delinked at Laem Chabang, Thailand, forming a Japan-Thailand shuttle service (LNS) and a Thailand-India shuttle service (new HLS). NYK will add a new direct call to the Port of Karachi, Pakistan, on its Thailand-India service. The shipping company will...
  • Port Metro Vancouver's Corridor Project Applauded
    Ed Fast, Canada's minister of international trade and minister for the Asia-Pacific Gateway; Robin Silvester, president and CEO of Port Metro Vancouver; and other terminal and railway partners have applauded the construction of the South Shore Corridor Project at Port Metro Vancouver. The project will separate road and rail traffic at...
  • Port of San Diego Advances Shore Power Plans
    The Port of San Diego is planning its next steps for shore power at Tenth Avenue Marine Terminal. At its monthly meeting, the board of port commissions approved a non-appealable coastal development permit to bring shore power to the marine terminal, located on San Diego's waterfront. The next step will take place...
  • Port of Tauranga's Container Traffic Jumps 25.5 Percent
    The Port of Tauranga in New Zealand reported container volume in the last six months of 2012 was 431,840 20-foot-equivalent units, jumping 25.5 percent year-over-year from 344,081 TEUs. Traffic at MetroPort, the Port of Tauranga's inland port in Auckland's industrial belt, played a pivotal role in the Port of Tauranga's container...
  • Maersk Adds India to Europe-Middle East Rotation
    Maersk Line has added Hazira, India, as a port call on its Europe-Middle East service rotation in order to enhance direct coverage of India to and from the east Mediterranean. The new westbound ME3 rotation is as follows: Pipavav, India; Hazira; Nhava Sheva, India; Jebel Ali, United Arab Emirates; Salalah, Oman;...
  • Cosco to Increase Rates in Central America Trade
    Cosco Container Lines will increase rates on all shipments from the Far East and Indian subcontinent to Panama, the Caribbean (Venezuela, Colombia and Costa Rica) and Mexico, starting March 15. From the Far East and Indian subcontinent to Panama and the Caribbean, the increase will be $700 per 20-foot container and...
  • LA to Begin Environmental Study of Yusen Terminals Project
    The Los Angeles Harbor Commission has approved a resolution initiating an environmental impact statement and report on a proposed berth and wharf improvement project by Yusen Terminals. The first step in Yusen Terminals' proposed plan is to deepen and improve its terminal facilities to accommodate next-generation vessels and increase cargo volume...
  • NRF Applauds OCU, Employers for Contract Ratification
    The National Retail Federation has applauded the new contract between the International Longshore and Warehouse Union Local 63 Office Clerical Unit and the Los Angeles/Long Beach Harbor Employees Association after the union's ratification of the accord. "This contract will bring much-needed stability to the supply chain, better position the ports for future...
  • Air France-KLM Cargo Loss Soars
    Air France-KLM's cargo operating losses more than tripled to 222 million euros ($293 million) in 2012 from 60 million euros a year earlier even as Europe's largest scheduled freight airline cut capacity in line with falling global traffic. The Franco-Dutch carrier's strategy started to pay dividends in the final quarter as...
  • APL's Rates Between India and the US, Canada to Rise
    APL will increase rates on all containers in its trade from India to Canada and the U.S., excluding Puerto Rico, effective March 15. The increase will be $320 per 20-foot container, $400 per 40-foot container, $450 per 40-foot high-cube container, $505 per 45-foot container, $575 per 48-foot container and $640 per...
  • Insurers See Shift in Piracy, Stable Truck Thefts
    Global insurance companies that provide cargo risk coverage are starting to see a growing number of claims for losses due to piracy at sea off West Africa. "Piracy is waning around Somalia but is increasing around Nigeria," said John Barnwell, global marine product leader for Allianz Global Corporate & Specialty in...
  • Post-Chinese New Year SCFI Rates Weaken
    The Shanghai Containerized Freight Index dropped after the Chinese New Year holiday break, according to the data issued the Shanghai Shipping Exchange. The rate decline of the two westbound trade lanes was in the triple figures. During the week ending Feb. 22, rates to northern Europe fell 7.8 percent or $102 per 20-foot...
  • Burgoyne Named President, CEO of Ceres Terminals
    W. Patrick Burgoyne, Ceres Terminals' new president and CEO.NYK Group Americas has named W. Patrick Burgoyne president and CEO of its subsidiary Ceres Terminals, effective April 1. Since 2010, Burgoyne has served as president and CEO of Yusen Terminals, NYK Group's other subsidiary. He will retain this role going forward and...
  • Star Asia International Opens North Carolina Office
    Steve Rand Jr., Star Asia International's recently appointed station manager at the new Charlotte, N.C., office.Star Asia International has opened a new office in Charlotte, N.C. The Atlanta-based logistics and transportation company's Charlotte office will be managed by Steve Rand Jr., who has more than 10 years of industry experience in...
  • Port Metro Vancouver Unveils Trucking Initiative
    Port Metro Vancouver in British Columbia has introduced its Smart Fleet trucking strategy, a three-year action plan to improve the efficiency and reliability of the container truck sector and reinforce the port's ongoing collaboration with supply chain partners. Smart Fleet's key initiatives include a forum for terminal operators and industry leaders...
  • International Shipholding Closes $25 Million Stock Sale
    International Shipholding has closed its sale of $25 million of its Series A cumulative redeemable perpetual preferred stock at $100 per share. Dividends will be payable on the Series A preferred shares at an initial rate of 9.50 percent per annum of the stated liquidation preference when, as and if declared...
  • Gulftainer's Trade Volume Rose 24 Percent in 2012
    Gulftainer, the United Arab Emirates-based port operator, recorded a 24 percent increase in volume for 2012 verses a year earlier. The port management and logistics company's Sharjah ports posted the greatest volume throughout for the year, with Khorfakkan Container Terminal showing a 28 percent year-over-year increase to more than 3.3 million 20-foot-equivalent...
  • US Carload and Intermodal Traffic Rises
    For the week ending Feb. 16, U.S. carload and intermodal volumes rose after declining the previous week, according to the Association of American Railroads. Carload volume grew 1.9 percent over the prior week to 278,596 trailers and containers. Although the volume is up 15.3 percent since the first week of 2013,...
  • 'Operation COBRA' Preys on Poachers
    Customs, police and wildlife officers from Asia, Africa and the U.S. have launched a cross-border enforcement operation, known as "COBRA," to crack down on wildlife crime syndicates. The month-long operation from Jan. 6 to Feb. 5 targeted species under serious threat, such as big cats, elephants, rhinos, pangolins and great apes. Operation...

Containerisation Internationalweb site
FEBRUARY 22, 2013
  • Rates under pressure as post-CNY cargoes disappoint
    Drewry's Shanghai - Rotterdam sector of its spot rate World Container Index tumbled another 3.3% this week and has now fallen by almost 14% since the end of January.Anecdotal ...
  • APMT posts 11.6% rise in profits
    APM Terminals saw profits of $723m in 2012, up 11.6% from $648m the year before, boosted by pre-tax divestment gains of $123m.Cashflow from operating activities ...
  • Hamburg Sud and Evergreen score highly for their customer service but MSC trails
  • APMT develops 1.5m teu terminal near Izmir
    APM Terminals has finalised an agreement to operate a Turkish container and general cargo terminal at the Aegean port of Petkim in Nemrut Bay, close to Izmir
  • NOL slides back to the red with $98m fourth quarter loss
    Neptune Orient Lines slipped back into the red in fourth quarter with a loss of $98m, and reported a loss of $419m for the year, due mainly to a first-quarter net ...
  • AP Moller-Maersk beats expectations
    AP Moller-Maersk has reported net profit of $4bn for 2012, slightly better than the $3.7bn previously forecast and well ahead of the $3.4bn reported profit in 2011.The ...

TradeWindsweb site
FEBRUARY 22, 2013
  • Frontline pullback charted
    Frontline could see its core fleet shrink to single figures by the time the tanker market recovers from its present slumber, Credit-Suisse says.
  • Maersk's gentle giants
    Maersk Line has pledged to protect the market balance in the oversupplied Asia Europe trade as it introduces the first of its giant triple-E ships in 2013.
  • Frontline's bond battle
    Warnings of a second restructuring for John Fredriksen's Frontline have met with a mixed reaction among analysts.
  • NOL turns red again
    Cost cuts of more than $500m could not stop substantial losses at Neptune Orient Lines in 2012.
  • Friends and foes
    We take a look at what was said in the market over the past week.
  • Tug captain "lost"
    A tug captain is missing as details emerged of the vessel's tow to a bulker being lost off Namibia.
  • Stealth's $120m hunt
    StealthGas has $120m at its fingertips to spend on both newbuildings and second-hand ships, its CEO says.
  • Missing cruiseship located
    A drifting Russian cruiseship that went off the radar after breaking its tow has reappeared west of Ireland.
  • VLCC mystery solved
    TradeWinds digests the digits making the headlines this week.
  • Reprieve for RG-1?
    Three potential buyers may yet save a veteran RG Line ferry from Danish breakers.
  • UDSC cuts loss
    State-run Ukrainian Danube Shipping Company (UDSC) has reduced its 2012 deficit despite revenue falling.
  • Boxship power restored
    A Japanese containership has docked in Alaska for repairs after temporarily losing power.
  • Master loses clash appeal
    A Ukrainian tug captain will serve 18 months in prison for his part in a fatal collision in Hong Kong in 2008.
  • Maersk finishes strongly
    AP Moller-Maersk finished 2012 on a high note but the Danish shipping titan is more reserved in its outlook for 2013.
  • Eitzen's $70m write-down
    Norway's Eitzen Chemical has taken a big hit to its bottom line after revaluing its fleet.
  • FRO losses reduced
    Frontline has reported a fourth quarter loss of $16.6m as it continues to battle against tonnage oversupply and weak rates.
  • Brodosplit aid hiked
    Croatia has won European Union (EU) approval to increase the amount of aid required to restructure the troubled Brodosplit shipyard.
  • Pirates wants $1.3m
    West African pirates holding six foreign anchor-handler crew have demanded $1.3m to release them.
  • World Fuel profits ease
    World Fuel Services, the marine and aviation bunker supplier, has seen fourth quarter profits drop by over 14% to $42.8m.
  • YZJ cans four more
    Yangzijiang Shipbuilding has suffered another round of newbuilding order cancellations the company confirmed Friday.
  • Teekay chops sextet
    Teekay Corp has confirmed that six tankers were sold by its various entities during the fourth quarter netting it $41.2m in the process.
  • Hercules bags jack-up
    Hercules Offshore has agreed to acquire a jack-up drilling rig for $55m and has already secured employment for it.
  • Global steel output mixed
    China and Germany have both reported healthy increases in steel output, but most other major producers reported big declines.
  • Red on the horizon?
    Equity analysts appear to be growing increasingly concerned about the future of Genco Shipping & Trading after racking up a $46m loss in the fourth quarter.

American Shipperweb site
FEBRUARY 22, 2013
  • Canada-Asia trade program moves forward
    "Canada's economy and future prosperity is our government's top priority. That prosperity depends on increasing our exports in fast-growing and dynamic markets around the world," said Ed Fast, the country's Asia-Pacific trade minister.
  • Long road ahead for EU-U.S. trade talks
  • Shippers expect muted 2013 cargo market
  • NOL trims losses in 2012
    The Singapore-based carrier said it had a net loss of $98 million in the fourth quarter of 2012, compared to a loss of $320 million in the fourth quarter of 2011. Revenue in the quarter was $2.5 billion in 2012.
  • Maersk Line's back in black in 2012
  • L.A. starts environmental process on Yusen terminal upgrade
  • Charleston sees 8% box growth in January
  • Cautious optimism for Asian cargo
    Although January air freight activity rose in anticipation of the Chinese New Year, analysts at Stifel Nicolaus warned against seeing too much into these robust numbers. January's growth may simply be an anomaly.
  • APMT finalizes deal to operate Turkish terminal
  • Yusen Terminals' Burgoyne to also head Ceres
    Patrick Burgoyne has served as president and CEO of Yusen Terminals Inc. since 2010, a role he will retain concurrently moving forward. He will be based at the Ceres' headquarters in East Brunswick, N.J.
  • McAdam to leave APL Logistics this year
  • CMA CGM announces rate hikes
  • International Shipholding raises $25 million in stock sale
  • Big revenue gain for Swissport in 2012
  • Stuck in traffic

The Bunker Bulletinweb site
FEBRUARY 22, 2013
  • Prices plummet across North America
    Bunker prices across the Americas fell sharply to close out week.
  • NOL posts $419 million loss for 2012
    Company's energy efficiency programme delivered cost savings amounting to $504 million.
  • Port of San Diego approves Alternative Maritime Power project
    Board approved non-appealable coastal development permit to bring shore power to marine terminal.
  • LNG-crude pricing link under pressure
    But player says LNG bunkering should stick with gas-crude linkage.
  • Very tight avails in Fujairah
    Prices soft in South African ports.
  • Crude pulls down European prices
    Double digit falls seen in some ports.
  • Petrobras in 'advanced talks' to sell stakes in two refineries
    The 30,000 b/d refinery in Buenos Aires produces marine fuel.
  • Petrobras: Brazilian bunkers from Rotterdam
    Service to start at beginning of next month.
  • Company claims new products 'revolutionise' fouling control
    'With record high bunker fuel prices the economic importance of underwater hull condition cannot be overstated.'
  • Maersk Line 'glad to be in profit after hard year'
    'Bunker consumption per container was reduced by 11%.'
  • Teekay Corp narrows losses for 2012
    Growth was from the firm's continued investment in fixed-rate gas and offshore businesses.
  • EU eyes private finance for maritime research
    Public-private funding proposal for eco-shipping research project.
  • Canal expansion could hit bunker demand
    'Larger vessels and quicker transit times could mean the same or less volume.'
  • Asian bunker prices mostly down
    NYMEX saw a fall of $2.38 per barrel.
  • Mixed results for Singapore ship chandlers and bunkering trade
    Domestic wholesale trade rises but foreign wholesale trade falls.
  • Partners of Malta-based bunkering firm granted bail
    Francis Portelli and Anthony Cassar charged with trying to corrupt the former Chairman of Enemalta.
  • BIMCO slow steaming clauses 'well-received'
    Clauses 'well received' by industry at recent conference, says organisation.
  • Japan bunker fuel sales to fall in February
    Traders say weak demand was triggered by Chinese new year holidays and high bunker prices.
  • New material able to 'detach biofilms' from hull's surface
    Material works at microscopic level to knock bacteria away, says Duke University.

›››File
FROM THE HOME PAGE
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
Partial assessment of the listening process initiated by the Western Ligurian Sea Port Authority
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
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
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.
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
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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
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
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.
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.
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
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
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
Port reform will be discussed in Genoa on October 2nd.
Genoa
Workshop organized by the AdSP and the Altero Matteoli association
"A Sea of Switzerland" will be held in Lugano on October 9th
Lugano
Ninth edition of the International Forum on Transport and Infrastructure
››› 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
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
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