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Independent journal on economy and transport policy
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BRIEFS
September 5, 2019
Sched Netweb site
  • Cosco Shipping Ports profit off 12.5pc to US$147 million, sales rise 4.5pc
  • China: FBI seeks to recruit American Huawei executives to spy on firm
  • China factory output falls for 4th month as US-China trade row simmers
  • Sri Lanka to invest heavily in boosting capacity of Colombo box port
  • US sanctions Hong Kong company for illegal transshipment to Iran
  • PSA wraps up acquisition of Penn Terminals on Delaware River
  • China Merchants Port looks to partner with carrier to stabilise growth
  • Yilport Puerto Bolivar to have 4 mobile harbour cranes in November
  • Macau cross-border motor traffic up 9.4pc in July to 454,059 trips
  • DP World orders 15 RTG cranes from Kalmar for its Mumbai terminal
  • Amazon.com to buy 9.9pc of Canadian air freight partner Cargojet
  • Shippers want new MASkargo charges dropped despite rising costs
  • Ground handler WFS adds new pharma cold cargo facility at Paris CDG
  • APEX partners Asiana Cargo and launch services to Rickenbacker

Exim Indiaweb site
SEPTEMBER 4, 2019
  • CCBA President & other office-bearers meet FM; hand over a memorandum
  • Montane Shipping wins Integrated Achiever's Award at 10th National Education & Business Summit
  • Export of non-oil goods from Chabahar Port up 100 pc
  • Mansukh Mandaviya inaugurates Emergency Towing Vessel at Mumbai Port
  • NMPT awards post-monsoon dredging contract to DCI; work begins mid-Sept.
  • PSA International completes acquisition of Penn Terminals in US
  • Cabinet approves infusion of capital by govt in IDBI Bank
  • US President prods China into concluding a trade deal before the 2020 Presidential election

International Transport Journalweb site
  • Regular train launched for timber transport
  • Korean Air Cargo continues with GHA in Frankfurt
  • Rhenus Logistics acquires PSL Group
  • Ground-breaking for new hub in Luxembourg
  • Full speed ahead despite diesel traffic ban
  • LNG-to-powership project launched in Mozambique
  • Martin Ollmann joins management board of TGP Group
  • Bulgaria and Romania order Smartron locomotives
  • Zufall pools tyre logistics
  • CHS Trade chooses Hermes CMS
  • Malaysia awards licence for oil & gas logistics
  • Two new executives for Hellmann
  • New transport hub in Pennsylvania
  • "Curiosity of the Day"
  • Sonoco Thermosafe fills passive bulk packaging gap
  • Fiege opens mega centre in Greven
  • Antwerp Lineas hub to receive new equipment
  • Last exit to Europe

The Loadstarweb site
SEPTEMBER 4, 2019
  • Maersk and MSC to suspend AE2 Asia-North Europe loop for the second time
  • Creating freeports will be 'no magic wand' for a post-Brexit Britain
  • Rhenus Group buys UK road freight specialist PSL Group
  • Can forwarders trust FedEx in Latin America, as it buys a perishables specialist?
  • Keeping the freight and trucks rolling on US roads - there's an app for that
  • Kerry appoints industry veteran John Parkes MD for integrated logistics
  • Martin Ollmann new MD Germany for TransGlobal Projects
  • Cathay Pacific chairman John Slosar to step down in November
  • On the wires: Bad news for Damco - Twill's new boss is 'one of the smartest people in Maersk'
  • Supply chain radar: The absence of disruption - Silicon Valley folk aren't that stupid
  • Supply chain radar: RPA Labs & the tech disruption... what disruption? 'It hasn't taken place yet'

Marine Logweb site
SEPTEMBER 4, 2019
  • NTSB investigates fatal dive boat fire
    The National Transportation Safety Board is investigating a tragic fire that broke out early Monday morning aboard the 75 ft, 1981-built live-aboard dive boat Conception and cost the lives of 34 people.
  • Clean Marine set to cut scrubber costs
    Oslo, Norway, headquartered exhaust gas cleaning system specialist Clean Marine is launching a next generation SOx scrubber that promises big reductions in shipowners' investment and installation costs as well as lower scrubber
  • Wärtsilä solutions will help Hurtigruten go even greener
    Hurtigruten, the world's largest expedition cruise operator, is to continue its push for greener and more sustainable shipping by converting three more vessels to become premium, hybrid powered expedition cruise ships. The
  • Tidewater makes leadership change
    Houston headquartered offshore services provider Tidewater Inc. (NYSE: TDW) reports that its board of directors has appointed Quintin V. Kneen as President, Chief Executive Officer, and director, effective immediately. John T. Rynd

Lloyd's Listweb site
SEPTEMBER 4, 2019
  • US moves against Iranian 'oil-for-terror' maritime network prompts IMO complaint
    Iran has told the International Maritime Organization that US threats against its vessels and attempts to prevent countries from providing...
  • Transparency set to top London International Shipping Week agenda
    Insurance, legal, security and technology experts converge on London to discuss why transparency is potentially a double-edged sword for shipping...
  • Many port states not ready for IMO 2020
    The International Maritime Organization's Marpol Annex VI limits the main air pollutants contained in ship's exhausts including sulphur oxides and...
  • Fuel compatibility still a major concern
    Abdmessih notes that a large number of VLSFO deliveries contained excessive aluminium and silicon levels
  • Maersk vessel at centre of UK's biggest heroin seizure
    The UK's National Crime Agency found 1,279 kg of heroin concealed in towels and bathrobes on August 30
  • Port of Miami reopens after USCG lifts hurricane restrictions
    'The Port of Miami, Miami River and Port Everglades are safe for marine traffic/operations, and has lifted the Port Condition...
  • CMA CGM seeks to lighten debt burden with China Merchants terminal deal, says analyst
    The French line has been known to divest non-core port assets when in need of cash, as in the case...
  • Iran to release seven Stena Impero crew
    Vessel owner Stena Bulk welcomes reports of crew release but says it has yet to receive official confirmation from Iran
  • Daily Briefing
    Free to read: World boxship fleet update: A mood of caution | Cosco Shipping quashes 25,000 teu newbuild speculation |...
  • Novatek and Sovcomflot announce joint shipping venture
    The recent joint ventures will help achieve the goal set by the Russian president to ensure an increase in annual...
  • Sinanju Tankers launches Singapore's first LNG-fuelled bunker tanker
    Sinanju's crew will pick up valuable experience in how to handle LNG safely and in accordance to the strict procedures...
  • Seafarer memorial on Plymouth Hoe serves more than one purpose
    The Watchkeeper, a memorial to merchant navy seafarers who died in conflict, has been unveiled in Plymouth as a fitting...
  • US Atlantic ports keep eye on slow-moving Hurricane Dorian
    Hurricane Dorian is expected to be a 'long-duration event with heavy rain, storm surge, damaging winds and isolated tornadoes'
  • Concerns mount on lower price of LNG as US supplies swell
    The US Energy Information Administration reported that deliveries of natural gas to customers had reached a monthly all-time high in...
  • Safe Bulkers completes five scrubber retrofits
    The charter market was weak in the first half of the year, but since then the Baltic Exchange index has...
  • Sovcomflot completes LNG-fuelled tanker crossing of northern sea route
    The vessel, part of the company's Green Funnel series, crossed the NSR as part of its commercial voyage from the...

The Journal of Commerceweb site
SEPTEMBER 4, 2019
  • LA-LB port terminals: Empty containers only peak season challenge
  • Cosco, CN extend intermodal pact
  • Carriers driving container data standardization
  • New Orleans attracts second direct Asian service
  • UP nixes plan to fine trucks for missed appointments
  • Shippers delaying US truck drivers longer: survey
  • 2M Asia-Europe service suspension signals weak market
  • Slower growth, IMO tests stabilizing container shipping sector
  • Maersk rolls out single customs process flow to US, Canada shippers

TradeWindsweb site
SEPTEMBER 4, 2019
  • Doosan engine order restarts Ouhua Shipbuilding newbuilds
    Brokers caution post-bankruptcy Ouhua Shipbuilding faces a sceptical Asian market
  • Ultra Deep Solutions powers ahead with newbuilding plans
    Diving support and construction vessel niche player invites yards to bid on its biggest vessel yet
  • Berge Bulk buys five-year-old capesize in fleet renewal move
    Sale price appears to reflect the firmer capesize freight market has yet to lift asset values
  • Sheriff preps Singapore auction for Brightoil bunker tankers
    Sales set to test demand for the vessel type ahead of IMO 2020
  • Hermitage Offshore still in red
    Hermitage Offshore stayed in the red in the second quarter. The Scorpio Group-backed, New York-traded offshore vessel owner reported a $4m loss for the second three months of 2019, alongside a $0.22 loss per share, deeper than the $0.13 loss per share consensus. Equinor swoops for North Sea supply ships The company booked $12.7m in charter revenue for the quarter while vessel operating expenses
  • Tidewater's Rynd hanging it up
    Tidewater chief executive John Rynd is retiring. The New York-traded offshore giant announced the move after the close of trading Wednesday, effective immediately. He will be replaced by Quintin Kneen, the company's current chief financial officer. Tidewater CEO Rynd preaches discipline as offshore recovers Rynd took over the top spot at Houston-based Tidewater in February 2018, seven months af
  • LPG bunkering begins to win favour from VLGC shipowners
    Owners who want to play the long game in low-carbon shipping are more interested in the alternative fuel than those simply seeking to meet IMO 2020 rules
  • US lashes out at 'oil-for-terror' network with round of sanctions
    Shipping warned as tensions between the west and Iran heighten
  • Trafigura sheds yet another suezmax after Frontline deal
    Spain's Ondimar believed to have picked up trader's Chinese-built vessel
  • Shell launches hunt for US and Caribbean LNG bunker vessels
    Energy major extends its global reach but this time is seeking two Jones Act ships
  • Navig8 deepens links with Metrostar and Transmed
    Shipmanager extends fixture of Metrostar aframax pair and goes back to Transmed for second VLCC
  • SSY grows its LNG team with broker hire and more to come
    Shipbroker Simpson Spence Young (SSY) is building up its LNG expertise with a new hire in Asia and more to come in London. Director Toby Dunipace, who heads the LNG department at SSY, said Scott Leong is joining this month to work out of Singapore alongside broker Josh Choo. SSY's Turner steps down as LNG market reaches new heights Leong was formerly with BW LPG, where he worked for four years,
  • UKMTO: two skiffs followed ship off Iran
    UK body warns of incident involving unidentified vessel.
  • UK recovers record amount of heroin from Maersk boxship
    The UK's National Crime Agency has recorded its largest-ever heroin bust off a Maersk boxship. Law enforcement said Wednesday that it tracked nearly 1.3 tonnes of the drug - street value £120m ($164.2m) - from Felixstowe to Rotterdam after the ship dropped anchor in the UK 30 August. Mexico seizes fentanyl on Maersk boxship Golden Ocean capesize caught up in cocaine bust The National Crime Age
  • Nordic market sees growth from shipowners attracted to service
    Vessel owners are increasingly turning to dedicated insurance providers in northern Europe for their hull cover
  • OGK continues Turkish OSV spending spree
    Turkish owner snaps up three supply ships as country's fleet expands.
  • Convex converges on marine insurance
    Self-proclaimed 'insurance company of the future' is ready to pile some of its abundant capital into an improving marine market
  • Jens Martin Jensen signs in at New Fortress Energy
    One-time Frontline CEO relocates to Miami to join Wes Edens' growing team on LNG
  • CSIC chairman Hu retires ahead of merger between Chinese shipbuilding giants
    The retirement news suggests CSSC chairman Lei Fanpei may lead the merged entity
  • Yangzijiang highlights new bulker orders amid spooked investors
    The Chinese shipyard is continuing its efforts to reassure investors that it remains "business as usual".
  • Shipping can reap the rewards of embracing its 'social purpose'
    Overturning the monetarist shibboleth of shareholder primacy comes with sacrifices but it could be used to the industry's long-term benefit
  • GasLog signs up for first FSU deal with Panama power project
    Peter Livanos-led company opts to convert open vessel as it looks at the future use of its existing vessels
  • Tough love at Lloyd's could help marine markets finally take off
    Major doubts hang over whether rate improvements can be sustained in the long term following the restructuring at Lloyd's of London
  • Torstein Hagen launches cruiseship voyage record attempt
    Viking Cruises supremo says current trip is double its previous longest
  • Sovcomflot forms new LNG carrier company with Novatek
    Russian owner and producer teaming up on shipowning, design and construction.
  • Lemissoler to sell off older vessels as it awaits deliveries
    Cyprus-based company braces for fleet renewal amid robust S&P activity for supramaxes
  • Hanssons dissolve family company but keep NAT shares
    Herbjorn and Alexander Hansson are dissolving the family's investment company, High Seas, after significant losses. High Seas owns the family's shares in tanker company Nordic American Tankers and the offshore company Hermitage Offshore Services, where the share prices have fallen sharply on the New York Stock Exchange. Over the three years, the family company has booked losses of close to NOK
  • HHI seeks green light from Japan for DSME mega-merger
    South Korean shipbuilder takes another step towards its $1.6bn takeover of DSME.
  • Samsung forms joint venture for new Russian tankers
    South Korean shipbuilder also signs contract to design series of 15 Arctic 2 LNG carriers
  • Preferred share payout holds down first half performance at Top Ships
    Top Ships reported a deeper loss for the second half as a dividend on preferred shares issued to its chief executive pushed its bottom line lower. The Evangelos Pistiolis-led company reported a $15.2m loss attributable to common shareholders after the New York close Tuesday, deeper than the $6.6m loss for the first half of 2018. Top Ships plaintiffs appeal dismissal of fraud suit Top Ships move
  • Freeport LNG debuts as first commissioning cargo sails
    Another new US liquefaction plant swings into action as eyes turn to Elba Island for next start up
  • Iran to release seven crew from Stena Impero
    Five Indians, a Latvian and a Russian to be freed from tanker on humanitarian grounds.
  • RSA Luxembourg's Richard Turner urges marine sector to embrace change
    Underwriters and brokers need to learn new skills, says IUMI chairman Richard Turner, who is pushing the marine industry to welcome advances in technology
  • Eurobulk offloads 20-year-old panamax bulker as prices firm
    An undisclosed buyer is said to have paid $6.5m for the Tsuneishi-built vessel
  • Blue Wall fleet halved after fourth ship sale this year
    Yet another ship owned by George and Stathis Gourdomichalis' Blue Wall Shipping has been sold - reducing its fleet to four vessels, down from eight at the beginning of the year. The company's clients - some of whom have been embroiled in legal struggle with a charterer - have shed four of Blue Wall's ships since March in deals that raised about $23m. Second Gourdomichalis bulker seized in ship a
  • More chemical tankers on the menu for EAT
    Malaysian owner wants extra capacity for Petronas' new refinery project.
  • CMA CGM linked to sale of CMAT terminal assets
    China Merchants tipped as buyer as Lars Kastrup reportedly leads disposal effort.
  • Equinor to groom digital OSV chartering start-up
    Norwegian oil firm's accelerator offers funds and access to a network of experts at Oslo boot camp
  • Stena confirms three-year LNG carrier charter
    But Swedish owner does not specify whether Total has taken vessel.
  • Hyunsung MCT inks debut ship order
    South Korean company kickstarts alternative fuel push with ro-pax deal.
  • South East Asia crude import growth to cool in 2019
    Vietnam, Malaysia and Myanmar have been good for tankers, but Indonesia less so, says Clarksons
  • Keppel launches Singapore's first dual-fueled bunker tanker
    Sinanju-owned vessel on track to start supplying IMO compliant fuels in early 2020
  • Turkish man jailed for exporting US marine equipment to Iran
    US judge said procurement for military purposes represented a "serious threat" to US national security
  • Markel International optimistic over Asian insurance market
    Underwriter working at Lloyd's platform in Asia says the region's prospects are good
  • Eastern Pacific lands MSC charter for LNG-fuelled boxship sextet
    Latest deal means all of Idan Ofer company's boxship newbuildings are chartered out
  • Vogemann linked to eight bulkers at Taizhou Kouan
    One of Germany's oldest shipowners has signed up for an order that will substantially increase its owned fleet

American Shipperweb site
SEPTEMBER 4, 2019
  • Lack of railcar demand in spotlight at investor conference
    With rail traffic lower year-over-year and PSR initiatives in full swing, it's understandable that soft railcar demand attracted attention at an investor conference.
  • Dorian poised to hit eastern Canada and the Port of Halifax
    Category 1 storm still poses danger as it reaches Maritimes over the weekend, forecasters warn.
  • FreightWaves opens up free SONAR access in the midst of Hurricane Dorian
    SONAR provides real-time data on Dorian's progress and forecast, along with likely and actual impacts to transportation and energy infrastructure.
  • Old Dominion posts weak August results; ArcBest reports sluggish July-August numbers
    Old Dominion, ArcBest report sluggish monthly
  • Ware2Go adds DIY tools to augment on-demand fulfillment services
    Ware2Go unveils four DIY tools to make distribution center site selections more effective
  • J.B. Hunt provides some optimism, less doom at investor conference
    The outlook from JBHT was notably better than the concern around the lack of an uptick in seasonal demand that many carriers expressed at multiple...
  • Railroads see headwinds cutting volumes for rest of 2019
    Slumping coal demand, trade wars and a competitive truck market are weighing on rail volumes for the remainder of the year.
  • Destruction to Bahamas ports, airports complicates relief efforts
    Logistics providers and non-governmental relief groups are facing difficulties getting large quantities of emergency supplies and personnel into the Bahamas because the runways and ports...
  • Maritime regulators to weigh opposing views on port automation
    Labor unions claim the effect on jobs is not being properly considered.
  • Detention time rising as drivers wait longer to load and unload
    Women drivers wait longer to load and unload their freight than their male counterparts because they are less prone to pitching a fit over delays.
  • Freight Futures daily curve: 9/4
    East futures lanes little changed on the uncertainty of Dorian; SEA to LAX firms
  • Steep rise in recorded supply chain thefts in EMEA region
    Data on recorded cargo thefts in the EMEA region shows an alarming increase this year, with it crossing €55 million in the first half of...
  • Cargo airlines prepare for Brexit demand spike
    Air cargo carriers are expecting a demand surge for scheduled and charter capacity if the British government overcomes opposition in Parliament and proceeds with a...
  • Dry bulk rates are far outpacing earnings and shares
    Companies like Safe Bulkers are booking their ships at considerably higher rates, yet investor interest remains muted.
  • Turkish businessman sentenced for Iran export conspiracy
    Resit Tavan, owner of Istanbul-based Ramor Dis Ticaret Ltd., will spend 27 months in jail for conspiring to export U.S. marine equipment to Iran.
  • Cargolux joins air cargo's digital shift
    Europe's air cargo industry has not been the quickest when it comes to embracing the digital world, but efforts are being made to catch up....
  • Today's Pickup: South Africa violence highlights deadly campaign against foreign truckers
    President Cyril Ramaphosa pledges to crack down on xenophobic violence, which has claimed the lives of more than 200 foreign truckers since 2018.
  • Commentary: Cross-border cargo insurance is a great challenge for North American competitiveness
    Editor's note: Kenneth Smith Ramos is a former chief negotiator for the United States-Mexico-Canada Agreement for the Mexican government. He is currently a partner at...
  • Treasury set to expand sanctions for Ortega regime
    The Office of Foreign Assets Control said additional trade regulations will take aim at the Nicaraguan president and his regime for the ongoing use of...
  • Hurricane Dorian still on track to damage Southeast coast
    Ports, coastal communities in southeastern U.S. still at risk from Dorian damage through rest of the week.
  • Navistar crushes third quarter revenue and profit projections
    Navistar International Corp. blew past revenue and earnings estimates for its third fiscal quarter. It is reducing production but expects to gain market share in...
  • Cargo volumes down at Schiphol
    The Amsterdam airport did report an €18 million year-over-year increase in revenue for the first half of 2019.
  • Maintenance 201: Being proactive about vehicle maintenance
    How to avoid breakdowns and repairs with preventive maintenance
  • 'Faster, cheaper, better:' Richard Greening explores blockchain
    FreightWaves CEO & Founder Craig Fuller talks with Richard Greening, the Global Technical Director for the DDC Group. The DDC Group provides digitization and processing...
  • 'Brexit' and the US-China trade war drag on European freight markets
    Although consumption rates in Europe have remained durable and kept cargo demand reasonably buoyant this year, the U.S.-China trade war and 'Brexit' are casting dark...
  • Auto manufacturers invest in a carless future
    Auto manufacturers remain a proponent of autonomy, even if what they're manufacturing are varieties of electric scooters and bikes.
  • Port Report: Ocean shipping rates reflecting September optimism
    Forwarders and ocean carriers are betting a major holiday in Asia and seasonal inventory building at U.S. retailers will provide a boost to container shipping...

The Bunker Bulletinweb site
SEPTEMBER 4, 2019
  • NWE Urals' slide continues after fuel oil crack hits 8-year low
    The 3.5% FOB Rotterdam barge crack hit an eight-year low on Monday and fell further on Tuesday, as refineries start cutting back production of HSFO.
  • Tight barge availability limits bunker fuel delivery at Malta port: sources
    Limited barge availability was causing congestion at Malta and limiting prompt delivery of bunker fuel at the port, suppliers said.
  • NWE 0.1% gasoil cargoes hit 9-month high, following barge, paper markets up
    Cargoes of 0.1% sulfur gasoil in Northwest Europe strengthened to a nine-month high of a $3/mt premium to ICE low sulfur gasoil futures Tuesday.
  • August 3.5% FOB Rotterdam barge Platts MOC traded volumes drop 8% on month
    Some 546,000 mt of 3.5% RMG 380 CST fuel oil traded in the Platts MOC in August, well above the year-to-date monthly average of about 479,000 mt, but lower than July's 594,000 mt and June's 784,000 mt.
  • N Sea Mariner crude to load first four cargoes in Oct: sources
    The North Sea heavy crude Mariner is set to load its first four cargoes in October, according to a copy of the preliminary loading program seen by S&P Global Platts Wednesday.
  • US sanctions Iran oil shipping network, warns maritime industry to avoid risks
    The Treasury Department warned the global maritime industry to avoid dealing with the individuals, companies and vessels on the list or face sanctions.
  • FUTURES 5: Crude rallies on equities strength, tightening inventories
    Crude futures climbed Wednesday, driven by expectations that US supplies would tighten and by a rise in equities.
  • External: Praxis Energy Agents DMCC
  • External: Global Risk Management
  • Singapore delivered/ex-wharf 380 CST bunker spread widens in Q3 ahead of IMO 2020
    "I'm expecting record high premiums to come off, but I'm not expecting any substantial drop for now," a bunker supplier said.

›››File
FROM THE HOME PAGE
Fincantieri to build third ultra-luxury cruise ship for Four Seasons Yachts
Trieste
The unit will be built in the Ancona plant and will be delivered in 2031
Fermerci urges the search for resources to support rail freight transport.
Rome
Paper: from the remodulation of the PNRR we expect that resources will finally be allocated to compensate for the damages that operators are suffering
Another tanker hit by a drone in the Strait of Hormuz
Southampton
The device caused limited structural damage
New attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit by a shell which started a fire
Evergreen founder's son investigated for insider trading
Taipei
He was released on bail today
ECSA: Shipping receives a cut of its EU maritime ETS payments.
Brussels
Italy, ranked third in Europe, earns €669-787 million. Only France and Estonia allocate a specific portion of this revenue to the maritime sector.
Fincantieri acquires Next Geosolutions, WSense, Graal Tech, and Defcomm to develop the underwater segment
Trieste
The first phase of operations involves an outlay of approximately 600 million euros
A new attack on a ship in the Red Sea raises alarm over a possible resumption of Houthi actions.
Portsmouth
The accident occurred 30 nautical miles southwest of the port of Hodeidah
The Regional Administrative Court (TAR) has accepted the appeal for the annulment of the environmental impact assessment decree for the Fiumicino tourist and cruise port.
Rome
The project - explains the ruling - although speaking of a "prevalent" recreational function, actually foresees a very significant cruise component.
Transport & Environment calls for the introduction of national cruise taxes and further EU measures to mitigate their impact
Brussels
Assiterminal's proposals for amending the Ports Bill focus on port work
Genoa
According to the association, the distinction between port operations and services must be overcome
Assologistica and Assoporti also request changes to Porti d'Italia Spa.
Rome
Both associations highlight the central role of the Port System Authorities
Peruvian judiciary rules that COSCO's private port of Chancay must be subject to public oversight
File
The corrections proposed by Confitarma, ANCI, the Port Authorities and the Italian Competition Authority (AGCM) to the port governance reform
Rome
AP Møller Holding to acquire Norwegian ship leasing company Ocean Yield
Copenhagen/London/Oslo
Holds interests in a fleet of more than 70 cargo vessels
CMA CGM to Invest $1.4 Billion to Buy FedEx Supply Chain
Memphis/Marseille
The American company has nearly 10,000 employees
Brittany Ferries announces plan to scale back operations
Roscoff
The company reports that the difficulties caused by the Covid pandemic and unfair competition have been compounded by the effects of the EU ETS.
ITF and JNG agree to maintain the designation of the Strait of Hormuz as a Warlike Operations Area until July 9
London
It provides seafarers with greater protection and more adequate compensation
Assiterminal highlights the difficulty of placing Porti d'Italia, as proposed by the government, within the Italian port system and within Community law.
Rome
Cargo traffic at Chinese seaports fell by -0.4% in May
Beijing
Containers amounted to 27.5 million TEUs (+2.9%)
The administrative process for the new Port Master Plan for Augusta has begun.
Augusta
TiL (MSC Group) acquires 49% stake in Indian port of Vizhinjam
Mumbai
The stake was sold by Adani Ports for $1.4 billion
Hanseatic Global Terminals (Hapag-Lloyd Group) to acquire 20% of Eurogate Container Terminal Hamburg
Hamburg
The German shipping group will also increase its stake in the Moroccan Tanger Alliance
La Spezia is among the Italian ports that are most increasing their connections to container shipping lines.
Geneva
Among the other main national airports, Vado Ligure and Ravenna are losing connections
Spanish shipowners call for EU maritime ETS revenues to be reinvested in shipping
Madrid
Boluda: Spanish companies will inject over five billion euros into the system by 2030
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Manama
Rejected any toll, tax or attempt to exercise control over the Strait
IMO suspends evacuation operations for ships awaiting transit through the Strait of Hormuz
London/Taipei
Evergreen says its container ship was hit while following the UKMTO-recommended route.
Four entities pre-qualified for the concession of the cargo terminals of the Ukrainian port of Chornomorsk
Gdansk
These are APM Terminals, Mariner/TAS, Yilport Holding and AD Ports/SKF Holdings UK
New attack on a ship transiting the Strait of Hormuz
Southampton
The container ship Ever Lovely was hit by a shell off the coast of Oman.
In 2025, 1,478 containers were lost at sea out of a total of 280 million transported by ships
Washington
On January 1st, the IMO regulation came into force which makes reporting of boxes lost at sea mandatory
BIMCO and ICS' latest report on the maritime workforce raises alarm over officer shortages
London/Bagsværd
In 2026, there will be a shortage of 39,100 STCW certified officers.
In 2025, intermodal traffic handled by Kombiverkehr decreased by -13.5%
Frankfurt am Main
Annual revenues down 8.3%
The government's proposal to update the rules on port governance raises more than one doubt
Rome
Costa: The lack of infrastructure planning cannot be solved with a joint stock company
MSC Cruises and Meyer Werft have not yet signed contracts for four new cruise ships plus two options.
Papenburg/Geneva
The companies expressed confidence that they could successfully conclude negotiations in the coming weeks.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
Geneva
In the second quarter of 2026 it was equal to 290.0 (+2.3%)
AD Ports has completed the acquisition of an 81% stake in Global Feeder Shipping.
Abu Dhabi
In 2025, the company's ships carried 2.8 million containers
An evacuation plan has been established for ships still waiting to transit the Strait of Hormuz.
London/Muscat
Dominguez (IMO): The operation will be carried out in close cooperation with Iran, Oman, all other coastal states in the region, the USA and the maritime industry
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Miami
Fuel costs rise to near-record levels in 2022
Reducing navigation speed and optimizing port calls are the key to decarbonizing shipping
Copenhagen
A new study by the Global Maritime Forum highlights this.
ECSA and A4E reiterate the need to allocate EU ETS revenues to the decarbonisation of ships and aircraft
Brussels
Essential to bridge the price gap between sustainable and conventional fuels
AD Ports' new bid to gain control of Egypt's ALCN rejected
Cairo
A new proposal worth approximately $580 million has been submitted.
John Denholm is the new president of the International Chamber of Shipping
Rome
He succeeds Emanuele Grimaldi, who has completed his four-year term
A ship was hit by a drone in the Black Sea
Odessa
One of the nine crew members died
Port of La Spezia: Dredging of the third port basin and navigable canal begins.
La Spezia
Yesterday, 25 ships passed through Hormuz, the highest daily number since April 18.
Singapore
Since March, the average has been 7.6 transits per day
Interferry calls on the EU to implement the EES pragmatically, or to suspend it
Victoria
The upcoming high summer season - the association denounced - risks suffering serious inconveniences
In the first three months of 2026, freight traffic in French ports increased by +3.8%
Paris
General cargo and solid bulk cargo are growing. Liquid bulk cargo remains stable.
BIMCO and Intertanko stress that there are still significant risks to the Hormuz crossing
Copenhagen/London
In April, freight traffic in the ports of Genoa and Savona-Vado Ligure grew by +1.7%
Genoa
The Boards of Directors of the Basins and Maritime Stations Authority have been renewed.
After more than 100 days in the Persian Gulf, Grimaldi's PCTC Grande Torino has passed through Hormuz
Naples
Transit authorized by the Ministry of Foreign Affairs of the Islamic Republic of Iran
US-Iran agreement signed to restore naval traffic through Hormuz
Islamabad/Tehran
Lifting of the American naval blockade and demining of the waters
Assocostieri, port governance reform should take into account the specific nature of strategic energy infrastructure in ports.
Confitarma rejects any form of toll in the Strait of Hormuz.
Naples
Zanetti: We reaffirm the fundamental principle of freedom of navigation.
Federagenti proposes to allocate the concession fees proportionally to Ports of Italy and the AdSPs to finance the new joint stock company
Rome
DP World in talks to build container terminal at Texas port of Corpus Christi
Charlotte/Los Angeles
Container traffic at the Port of Los Angeles grew by 17.2% last month.
Assarmatori criticizes Brussels, but also Rome, for what they are doing to decarbonize the shipping industry.
Rome
Messina: A return to normalcy in the Strait of Hormuz will not be immediate.
US firm Enstructure buys Logistec's US port terminal network
Wellesley/New York/Montreal
It operates a total of 84 terminals in the USA
Leveraging the revised Block Exemption Regulation to encourage private investment in ports
Constance
FEPORT urges it
The Antwerp-Bruges Port Authority will collaborate in the development of the port of Misrata.
Measured
Project for a new bulk terminal
Bimco, ICS, Intercargo and Intertanko condemn attacks on ships and seafarers in the Strait of Hormuz
London
Call for an immediate cessation of attacks
Container traffic at the Port of Long Beach grew by 31.7% last month.
Long Beach
The overall volume of containers remained unchanged in the first five months of 2026
The Swiss Federal Council proposes extending subsidies for rail freight traffic through the Alps until 2035.
Bern
From 2027 to 2035, 486 million francs would be paid out
So far the number of ships leaving the Persian Gulf is 6-7% of those transited a year ago
Paris
AXSMarine: No Signs of a Long-Term Reopening of the Strait of Hormuz
Global Ports Holding in talks to manage cruise port in St. Vincent and the Grenadines
Istanbul
The terminal currently records an annual traffic of approximately 200 thousand passengers
Investments in Taiwan's ports amounting to 1.8 billion dollars are planned for the period 2027-2031.
Taipei
At the end of the five-year period, annual container traffic is expected to be equal to 15.5 million TEUs
US forces hit a third vessel in the Gulf of Oman
Tampa
The "Jalveer" is said to be carrying a cargo of Iranian oil.
ALLRAIL, CER, ERFA, FEPORT, FTE, UIP and UIRR present their proposal for the European Railway Platform
Brussels
The aim is to ensure market representation from the very beginning of the new European rail capacity governance process.
US Central Command claims responsibility for attack on product tanker Settebello
Tampa/New Delhi/London
Condemnation by the Indian government and the International Maritime Organization
Product tanker hit in Strait of Hormuz region
Southampton/Muscat
One sailor was injured. Two other crew members are missing.
In the first quarter of this year, freight traffic in the port of Civitavecchia decreased by -1.0%.
Civitavecchia
Cruise passengers increase by +32.1%
A merchant ship was attacked in the Gulf of Aden
Southampton
Exchange of gunfire with the security team on board the ship
Gemini Cooperation increases cargo capacity on the Asia-Mediterranean route
Copenhagen
Sea-Intelligence adds additional weekly capacity of 22,402 TEUs
ESPO fully endorses the EU Council conclusions on the Maritime Industrial Strategy
Brussels
The central role of port facilities confirmed
CO2 capture and storage on ships is one of the most concrete and immediately available solutions for the decarbonisation of shipping.
London
ZPMC Delivers New Ultra-High Wind-Resistant Port Cranes
Shanghai
The world's tallest rail-mounted reach stackers for empty containers have also been built.
Konecranes announced its entry into Japan
Helsinki/Tokyo
Acquisition of 70% of Mitsubishi Electric FA Industrial Products
Saipem wins $2 billion contract in Indonesia
Milan
Seven IMO regional coordinators have been introduced who will provide technical support to the organisation's Member States.
London
Jadrolinija has inaugurated its new fast maritime service Ancona-Zadar
Ancona/Zara
It provides five departures per week and a crossing of approximately four hours.
Hapag-Lloyd to reorganize services in the Adriatic
Hamburg
The port of Ancona, removed from the ADX line, will continue to be served by the IAS service
Eleven nominations for the eighteenth edition of the ESPO Award
Brussels
This year's theme is dual-use port-city projects
Jotun COSCO Marine Coatings signs agreement with COSCO Shipping Bulk for 125 new vessels
Sandefjord
Advanced hull performance solutions will be implemented
Maersk issues first order for new containers produced in India
Copenhagen
Local production has been stimulated by the introduction of incentives
Last May, freight traffic in the port of Ravenna grew by +3.4%
Ravenna
An increase of +10.6% is expected in June
Sardinia's Port Authority spent approximately €157 million in PNRR funds
Cagliari
Achievement of the targets expected by June 30, 2026
Hannibal will inaugurate a new intermodal service from Melzo to Rotterdam Europoort on July 8th.
Melzo
Six weekly trains are scheduled that will be able to carry up to 38 cargo units
PSA to build and operate container terminal at Vietnam's Lach Huyen port
Singapore
Agreement with Lach Huyen International Logistics & Industrial Park
Sandro Bucchioni and Andrea Fontana confirmed as presidents of the La Spezia freight forwarders and maritime agents.
La Spezia
New two-year mandate
Konecranes has acquired the nuclear and port services segment of Spain's Coapsa.
Hyvinkää
The company has an annual turnover of approximately four million euros.
PSA Italy presented its 2025 Sustainability Report
Genoa
The document highlights, among other things, the employment data and the economic impact on the territory
The Central-Northern Adriatic Port Authority confirms the completion of the projects financed by the PNRR
Ravenna
Mirco Carloni has taken office as president of the Central Adriatic Port System Authority.
Ancona
The Grimaldi Group has taken delivery of the new PCTC Grande Oriente
Naples
It will be placed on the Asia-Europe route
Port of La Spezia: 60 Sea Log workers rehired by other port companies
La Spezia
Pisano (AdSP): very satisfied with the positive conclusion of this dispute
The Central Adriatic Port Authority announces that it has achieved its objectives under the PNRR
Ancona
The funds coming from the plan financed by the European Union amounted to 39.6 million euros
A workshop on cold ironing and related risks and insurance solutions will be held in London.
London
Rossi (ADVANT-Nctm): effective infrastructure development must necessarily take into account legal and insurance aspects
Fincantieri signs an agreement in Albania for shipbuilding training.
Trieste
Skills development for the growth of the new Pashaliman naval industrial hub
Reorganization of ro-pax traffic areas in the port of Catania
Catania
Ferries will no longer be moored on the central jetty or along the eastern breakwater
Maersk raises fiscal 2026 forecast
Copenhagen
Continued growth in demand for containerized shipping and increased spot rates
Green light for the awarding of railway shunting services in the ports of Savona and Vado
New trucking area in the port of Genoa
The Italian Ports Association will hold its assembly in Naples on Wednesday.
Rome
The discussion on port governance reform will be at the heart of the proceedings.
Registration for seafarers' registers is now open to non-EU citizens residing in Italy.
Genoa
Vidotto (Foundation of the Italian Merchant Marine Academy): a step towards civilization
Project to build shipyard in Tartous port expected to accelerate
Damascus
Meeting between a delegation from Kuzey Star Shipyard and the leaders of the Syrian General Authority for Ports and Customs
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Port of Gioia Tauro: Work to reactivate hauling and launching operations has been completed.
Gioia Tauro
These operations had been at a standstill since 2024
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will take place in Genoa on July 1st.
Genoa
In Spain, €11.8 million in eco-incentives have been allocated for the use of motorways of the sea.
Madrid
163,672 shipments made by 32 companies subsidized
ABB has signed an agreement to buy Norwegian marine automation company Høglund.
Zurich
The Tønsberg-based company's integrated automation system is currently installed on over 600 vessels.
Port of Gioia Tauro: tender launched for the redevelopment of the ro-ro docks
Gioia Tauro
Worth 5.6 million euros, the works will last 210 days
Grimaldi confirms the important role of the port of Catania in its strategies
Catania
The aim is to increase services and make existing ones even more efficient.
Annual growth of +6% in cruise traffic and +2% in ferry traffic is expected in the Adriatic
Venice
It is the only Mediterranean region to have recorded a decline in cruises in the period 2019-2025
PSA Padova established to develop and manage the Padua intermodal terminal
Padua
The shareholders of Interporto Padova and Padova Hall have approved the merger plan
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
Spediporto has opened its own representative office in Hong Kong
Genoa
Giachero: the opening of this desk is also an opportunity for young people
Arcese, Conti and Cosulich establish a company for the port logistics of finished vehicles
Livorno
HMM orders eight bulk carriers and two gas carriers
Seoul
Investment of approximately 1.1 billion dollars
MPC Container Ships has purchased four 7,000 TEU containerships built between 2023 and 2024.
Oslo
Investment of 340 million dollars
FedEx posts record quarterly and annual revenue
Memphis
Total revenues in fiscal year 2026 amounted to $94.7 billion (+7.7%)
Geopolitical uncertainty has become the main risk for shipping
Munich
Evergreen purchases 140,500 new containers in China
Taipei
Investments totaling $358.9 million
Memorandum of Understanding for the Launch of Drone Use in the Port of Palermo
Palermo
Submission of the request for the establishment of U-Space
Yesterday, the Strait of Hormuz was crossed by 42 commercial vessels
Paris
For the first time since the beginning of the conflict, several LNG tankers entered the Persian Gulf
Saipem wins new $1 billion offshore contract in Angola
Milan
It was awarded by Azule Energy for the Greater PAJ project
Port of Ancona: Dredging work has begun on the seabed of quay 22.
Ancona
Approximately six thousand cubic meters of sediment will be removed
Confitarma welcomes clarifications regarding ship waste collection management.
Rome
The need for uniform application of the legislation throughout the country was highlighted.
The Tuscan Cooperation Development Fund invests in Uniport Livorno.
Livorno
Operation for a total of 880 thousand euros carried out together with co-investor Coopfond
Fit-Cisl, recognizing dock work as arduous is a priority
Genoa
Pagnotta: This is not a corporate claim, but a question of social justice.
Hupac increases weekly rotations between Antwerp and Busto Arsizio via France to four.
Noise
Two additional departures of the intermodal service introduced
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
From July, the tariff for naval transit through the Turkish Straits will increase by +14.9%.
Istanbul
It will be raised to $6.70 per net tonne
Fincantieri and Republikorp sign agreement to build multipurpose naval vessels in Indonesia.
Paris
The establishment of a joint venture is planned
Study on the divergences between the EU Ship Recycling Regulation and the Hong Kong Convention
Brussels/London
It has been published by ECSA and ICS
The 2026-2028 POT of the Southern Tyrrhenian and Ionian Sea Port Authority has been approved.
Gioia Tauro
Approval also granted to the 2026 budget forecast variation and to the update of the Port's Staffing Plan.
Autonomous Navigation: ABS, Polaris Shipping, HHI, and AVIKUS Sign Agreement
Athens
It will be tested on a VLOC under certain low-risk conditions
Tomorrow in Sant'Agnello (Naples) the inauguration event of the Italy Branch of The Nautical Institute
London
The topics of discussion will include energy transition in the maritime industry, maritime education and training.
The Municipality of Bologna is reconsidering the divestment of its stake in Interporto Bologna.
Bologna/Bentivoglio
An institutional delegation from Flanders visited the interport
Eni and Fincantieri sign agreement to develop innovative underwater monitoring technologies.
Milan/Trieste
Agreement focused on Eni's "Clean Sea" technology
In 2025, LNG consumption in Italy grew by +11% driven by industry and new uses, with the debut in the naval segment
Rome
Amadei (Federchimica LNG Group): Use ETS and FuelEU revenues to support investments and deployment of lower-carbon fuels.
RT&L partners with China's Guangzhou Salvage to strengthen its project cargo segment
Genoa
Bizzarri: the sector is characterised by wide margins for development and profitability
Last year, cargo traffic in Greek ports amounted to 140.8 million tons (-1.5%)
Piraeus
Goods volumes remained unchanged in the fourth quarter only
The International Container Study Center's board and governing body have been renewed.
Genoa
Filippo Gallo confirmed as president and Paolo Pessina as vice-president
Catani (GNV): allocate ETS proceeds to the development of synthetic fuel production chains.
Rome
Resources - he specified - also for port infrastructures and the reduction of the cost differential compared to traditional fuels
Consultation launched on plans to expand the port areas of Fos
Marseille
The goal is to involve residents and local stakeholders
Somec signs €60 million contract with Finnish shipyard
San Vendemiano
One of the most complex interventions ever entrusted to the Horizons division
Daniele Rossi, former president of the port of Ravenna, has passed away.
Rome
He led the port authority for over eight years
ONE will remove calls in Greece and Türkiye from its Adriatic Service 1 service.
Singapore
In Italy it touches the ports of Venice and Ancona
The first phase of the APM Terminals terminal in the port of Suape has been inaugurated.
Suape
It will become operational in the second half of this year
Container traffic increased in May at the ports of Singapore and Hong Kong
Singapore/Hong Kong
Singapore sets record bunkering levels for liquefied natural gas and pure B100 biodiesel
Vavassori confirmed as president of the Lombardy Association of Freight Forwarders and Haulers
Milan
Albertina Schiavoni and Mario Zini have been appointed vice-presidents
The president of Angopi receives the first professional certificate of competence as a mooring man.
Savona
The certificate must be renewed every five years.
Fincantieri has delivered the new cruise ship Mein Schiff Flow to TUI Cruises.
Hamburg/Monfalcone
With a gross tonnage of approximately 160,000 tons, it has a capacity of approximately 4,000 passengers.
In the first three months of 2026, freight traffic in the port of Palermo decreased by -6.3%
Palermo
Traffic also decreased in the ports of Termini Imerese, Trapani, and Licata. Increases occurred in Porto Empedocle and Gela.
The Antitrust Authority has not given its final approval for the acquisition of Armas' assets and activities by Baleària.
Barcelona
Set a series of conditions
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
VARD to build a new generation fishing vessel
Trieste
It was ordered by the Norwegian company Rosund Drift
Concentration in the UK shipbuilding sector
London
Baleana buys APCL Group (A&P Tyne, Cammell Laird and A&P Falmouth and Falmouth Docks and Engineering)
Royal Caribbean has taken delivery of its new Legend of the Seas cruise ship.
Miami
Built by Meyer Turku, it can accommodate 5,610 passengers
Informal hearings of trade union representatives on port governance reform
Rome
At the heart of the critical issues highlighted - confirms Filt-Cgil - is the planned establishment of Porti d'Italia Spa
Venice, the DPSS confirms the need to build new offshore terminals outside the lagoon.
Venice
The Strategic System Programming Document has been approved by the AdSP Management Committee
The Spinelli Group has joined the Italian Association of Port Terminal Operators
Genoa
The company and Assiterminal expressed satisfaction with the resumption of an important association
In the first three months of 2026, freight traffic at UK ports fell by -2.6%
London
More significant decrease (-6.8%) in boarding loads
Mark Hindley is the new president of the European Motor Vehicle Logistics Association
Istanbul
Wolfgang Göbel was elected honorary president
At the Port of Genoa, a tugboat was stopped for irregularities in nitrogen oxide emissions.
Genoa
The vessel is used for the construction works of the new breakwater
In April, freight traffic in the port of Ravenna grew by +21.4%
Ravenna
An increase of +2.5% is expected in May
Sallaum Lines to launch dedicated China-Europe service in 2027
Nanjing
Two new 7,400 CEU PCTCs taken delivery
On June 12th in Naples, an initiative by Filt Cgil on governance in the port sector
Rome
Naval drone found in Romanian port of Constanta
Bucharest
The device self-destructed without causing any casualties.
HJSC receives approval in principle for the construction of a 10,000 TEU biofuel containership.
Athens
It was released from the Korean Naval Register
Global Ship Lease invests $917 million to purchase ten new container ships
Athens
They will be delivered between the fourth quarter of 2028 and the first quarter of 2030.
WASS (Fincantieri) and Magellan Agreement on Canada's Underwater Defense
Trieste
Industrial cooperation opportunities in the field of heavy torpedoes and countermeasures will be explored
Solutions to overcome the chronic staff shortage in the Italian maritime sector
Procida
Pagano (Maritime Labor Committee): Digitalization, simplification, and cooperation between training and businesses to overcome the crisis
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