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Independent journal on economy and transport policy
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November 12, 2010
The Business Timesweb site
Shipping News
  • Consolidation in shipping to rise in 2011: survey
    Acquisitions and joint ventures in the shipping sector are set to pick up next year as prospects improve for seaborne trade and optimism among freight players grows, a survey showed yesterday.
  • STX Pan Ocean to invest US$1b on new ships
    STX Pan Ocean Co, South Korea's largest bulk-shipping line, said that it plans to invest US$1 billion on new vessels after third-quarter profit almost quadrupled on rising demand for commodities shipments.
  • Cargo ship carrying nickel sinks off Japan
    A cargo ship with 25 Chinese crew on board sank off Japan's southern islands, with only five crew accounted for including one fatality, Japanese and Taiwanese coast guards said yesterday.

Sched Netweb site
  • Peak season slips away with 3.9pc rise quarter to quarter
  • NOL box unit experiences 29pc rate rise in September-October
  • Pirates deploy NYK vessel as mother ship, use crew as-shields
  • CEVA hikes quarterly revenue 32pc to record US$118.3 million
  • Tianjin plans massive transport network upgrade over 5 years
  • Sino-Russian cross-border railway bridge to be built
  • Mexico's container ports experience 33pc growth in 2010
  • Hamburg Sud christens 4,600-TEU ship in Callao, Peru
  • Demag Cranes to develop battery-powered container trains
  • DP World endows entrepreneurial chair at Oxford's Said Business School
  • Canadians buy London-Folkestone high-speed rail for US$3.4 billion
  • Air New Zealand off EU hook, but not free of NZ-Oz inquiries
  • World customs fights paperwork burden - with TIACA blessing
  • TSA to revamp cargo screening after foiled Yemen bombing
  • Germans tighten air cargo security after foiled bomb plots

Exim Indiaweb site
  • A.P. Moller-Maersk bounces back with net profit of $ 4.2 bn in Jan.-Sept.
  • J. M. Baxi facilitates single-day DAP unloading record at Kandla Port
  • Pact soon to start India-Lanka ferry service
  • Vasan reveals SCI plans to phase out old, buy new ships
  • Imports of sensitive items rise by 25.2 pc during April-Aug.
  • Pak allows duty-free imports of vegetables from India
  • Andhra Pradesh vying for second Major Port
  • Port of Halifax in search of increased footprints in India
  • Green signal for Navi Mumbai airport plan
  • Railways carries 7.15 pc more cargo in Oct.
  • 7,000 to take part in ITPO trade fair from Nov. 14
  • Assocham call to revamp FDI policy
  • Centre rules out GST roll out from April 2011
  • Disinvestment to yield 40K cr. in 2010-11
  • EU favouritism to Pak textile industry irks India
  • FIIs have stake worth 69 lakh cr. in Indian cos-Report
  • India can handle $ 75-bn foreign fund-Ahluwalia
  • US denies giving clean chit to Indian carpet industry on use of child labour

International Transport Journalweb site
NOVEMBER 10, 2010
  • Aponte, Grimaldi and Onorato join forces to save Tirrenia
    The Italian shipowners Gianluigi Aponte, Emanuele Grimaldi and Vincenzo Onorato have joined forces to aid the process of privatisation of the insolvent Tirrenia ferry company. Thei...
  • BLG Logistics ships off-shore wind industry consignments
    Performing logistics services for the off-shore wind farm industry is a growing business segment for the Bremen-based German company BLG Logistics Group. Wind farm company Bard Off...
  • Record cargo throughput in Luka Koper
    Luka Koper's container terminal handled its 400,000th teu of the year on 8 November, according to a port spokesperson. The container facility continues to attain above-average grow...
  • NOL Group deeply saddened by the passing of former chairman and CEO Lua Cheng Eng
    NOL Group, a shipping corporation based in Singapore, is mourning its former chairman and CEO Lua Cheng Eng, who died on 9 November. A statement from the company said tha...
  • LAN and LH satisfied with EU anti-cartel measures
    As recounted in yesterday's ITJ Daily, the European Commission has reported the imposition of a total of EUR 800 million in fines for eleven airlines. The German carrier Lufthansa ...
  • Mallory Alexander acquires Tradesource
    Mallory Alexander International Logistics, based in Memphis TN (USA), has expanded its third-party logistics operations by acquiring the international forwarder Tradesource Inc, ba...
  • Deutsche Post remains optimistic
    Deutsche Post DHL continued this year's sound performance in the third quarter, generating a double-digit revenue increase. The management board now expects the group's underlying ...
  • DB Schenker expanding Berlin distribution centre
    Deutsche Bahn's logistics subsidiary DB Schenker is investing EUR 9 million in the expansion of its Grossbeeren freight centre, south of Berlin. DB Schenker's customers in the Berl...
  • China signs contract for 102 Airbus aircraft
    The China Aviation Supplies Holding Company (CAS) recently signed a contract with Airbus for a total of 102 aircraft, of which 66 are new orders. The new orders include 50 A320s, s...
  • Air Astana breaks Etihad's Abu Dhabi monopoly
    Air Astana, Kazakhstan's national carrier, has broken Etihad's monopoly on flights between Kazakhstan and Abu Dhabi with the start of the winter schedule. Air Astana h...

Marine Logweb site
NOVEMBER 11, 2010
  • Carnival Splendor limps into San Diego
  • Pirates hijack chemical tanker
  • New inland waterways clean ship concept
  • Seadrill orders drillships at Samsung

World Wide Shipperweb site
NOVEMBER 11, 2010
  • Washington State Ferries holding public meeting series
  • Boeing opens P-8 facility at refurbished Seattle factory
  • Mary Phillips returning to ATA as Legislative Affairs vice president
  • Seattle Port Commission funds ABC Fuels program
  • International Trade Commission inks report on SME exports

Lloyd's Listweb site
NOVEMBER 11, 2010
  • Impairment charge dents FreeSeas results
    Bulker owner posts $9.5m loss after sustaining non-cash charge on Free Hero sale
  • FreeSeas orders two handysize bulk carriers
  • Shareholders to vote on FreeSeas reverse share split plan
  • FreeSeas posts sharp profit rise
  • Dalian Port to list on Shanghai Stock Exchange
    Indicative price range to be announced by November 19. Citic Securities to...
  • BLT still offers plenty to chew on for...
  • Eagle Bulk's freight trading arm to double supramax fleet
    Company's executives claim 'milestone' will allow development of multiple revenue...
  • Owners turn blind eye to overcapacity crisis
  • DryShips secures $77m rig charter
    Company unveils deal for the Eirik Raude for project off Falkland Islands
  • DryShips seals $160m Vanco deal

Fairplayweb site
NOVEMBER 11, 2010
  • 'Spam cruise' nears an end
    TUGS HAVE reportedly pulled a fire-damaged Carnival cruise ship into San Diego Bay
  • Vietnam-Cambodia service opens
    BOX BARGES are reportedly carrying cargo in the first such scheduled service between Vietnam and Cambodia
  • Pirates hijack tanker
    PIRATES seized a Panamanian-flagged chemical/products tanker about 860 n-miles from the Somali coast today, according to EU NAVFOR
  • Manila reforms contracts
    CONTRACTS for Filipino seafarers working on oceangoing ships have been reformed, Manila said today
  • Farstad profits lag
    A DROP in Farstad Shipping's net profits in the third quarter has made it increasingly unlikely that the Norwegian company will match 2009's yearly results
  • FreeSeas swings to losses
    HANDYSIZE specialist FreeSeas reported worse results than expected today but maintained that market conditions for smaller bulkers are improving
  • Kremlin oil duty plan attacked
    RUSSIA'S oil refiners and exporters are jointly opposing a finance ministry proposal to impose higher duty on exports of petroleum products
  • Return to VLCC breakeven blues
  • STX offshore listing ends
  • Bumper 2011 seen for box lessors
  • Bulk sales aid STX Pan Ocean
  • LNG rush to Singapore seen
  • Oz CSG-LNG scheme closer
  • Bourbon workers freed
  • Rescuers search for missing crew

The Journal of Commerceweb site
NOVEMBER 11, 2010
  • Railcar Owners Shrink Idled Car Fleet in October
  • Port of Seattle Chips In Another $110,000 for Clean Air
  • President's Deficit Panel Would Hike Fuel Taxes
  • Shipper Group Seeks Release of Driver Work Rule
  • Indicted Cargolux CEO Steps Down
  • Wilh. Wilhelmsen Profit Jumps 55 Percent
  • Heavy Truck Production Forecast to Double
  • Seaway Cargo Shipments Improve 17.5 Percent
  • Indian Ports Container Volume Surges 12 Percent
  • Global Ship Lease Narrows Loss
  • Global Investor Group to Buy Brisbane Port
  • Lufthansa Cargo Volume Jumps 18.3 Percent
  • CEVA Profit Jumps 26 Percent

Containerisation Internationalweb site
NOVEMBER 11, 2010
  • APM T gains from extraordinaries
  • Brokers warned over anti-corruption
  • Yangtze's Nanjing port subsidises new business
  • DP World Botany gripped by congestion
  • Cameron: 'tidal wave of money' threat to globalisation

TradeWindsweb site
NOVEMBER 11, 2010
  • Putting shipping in sharper focus
    Readers at sea, in yards and shipping offices are getting their cameras out for TradeWinds's annual photo competition.
  • George grabs Falkland deal
    George Economou's DryShips nets $77m contract for semi-submersible with Borders & Southern.
  • FreeSeas doesn't need a Hero
    Impairment loss on sale candidate Free Hero leaves Ion Varouxakis-led Greek bloodied in third quarter.
  • Write-downs hurt Sweden's Srab
    Tanker owner logs big nine-month loss as it revalues fleet in weak markets.
  • One hijacked, one in the balance
    Pirates capture tanker and 31 crew but situation concerning German ship BBC Orinoco still unclear.
  • Owners leaving their greens
    Appetite for acquisitions returns but a carrot is needed to spur environmental investment, survey shows.
  • Galp reveals $3.46bn FPSO order
    Group including Portuguese energy company will take delivery of eight production units from Brazil's Engevix by 2017.
  • Ghana gig for Gulfmark pair
    Two of US-listed owner's anchor handlers to leave the North Sea for West Africa in $15m deal.
  • Power restored on drifting ship
    Engineers fix problem on Fugro research vessel heading for rocks after it dragged anchor off the UK.
  • Shipping spurs profit at WWI
    Thomas Wilhelmsen-led company books better than expected operating numbers with the aid of its separately-listed shipping and logistics firm.
  • Debt pay-back for STX Europe
    Europe's largest shipbuilder will use much of its own proceeds from Singapore IPO to cut debt.
  • VLCC in trio of pirate attacks
    Faulty pirate engine saves Euronav's Flandre as German ship BBC Orinoco and tanker Hannibal II feared hijacked.
  • Swire denies poor ship maintenance
    Owner and master of Pacific Adventurer to defend Australian pollution allegations.
  • Volga-Don rakes in the roubles
    Russian cargoship owner pushes up profit sixfold in first nine months.
  • PNSC makes much stronger start
    Pakistan national tanker and bulker owner more than doubles first quarter profit.
  • Bergen bags rebuilding job
    A Dof seismic vessel is set for a $30m facelift at the Norwegian yard.
  • Tirrenia sale attracts 16 buyers
    Aponte, Grimaldi and Onorato consortium faces stiff competition in race to buy state ferry company.
  • Green Reefers still feeling the chill
    Norwegian owner's losses mount in 2010 as hopes of market recovery fail to materialise.
  • STXPO in strong quarter
    South Korean owner sees four-fold increase in third quarter profits on the back of stronger rates.
  • Kidnapped Bourbon trio free
    French crew abducted from an anchor handler off Nigeria released after two months in "difficult conditions".
  • Ultrapetrol down in third
    Felipe Menendez-led owner posts larger loss as ocean shipping declines but river and offshore businesses boom.
  • Seadrill orders at Samsung
    John Fredriksen-controlled driller takes recent rig investments to almost $1.5bn in less than a month.
  • Up and down for Chemoil
    Singapore tanker and bunker group back in profit in third quarter but nine-month result turns red.
  • Nasco Diamond three rescued
    One other body recovered but 21 remain missing from Chinese bulker Nasco Diamond which sank off Taiwan.
  • STXPO's $1bn order frenzy
    South Korean shipowner says it is ordering a slew of open-hatch and kamsarmaxes bulkers.
  • Aegean profits drop 70%
    US-listed bunker player sees revenues and volumes sold jump, but higher costs slash net income.
  • Barge grounds after losing tow
    Sault Au Cochon drifts on to sandbar with timber cargo in high winds near Prince Edward Island.
  • ASL Marine down a third
    Singapore offshore shipbuilder and repairer sees another poor quarter as revenues slide by over 30%.
  • Ex-NOL chairman dies
    Singapore shipping veteran and former BIMCO president Lua Cheng Eng has passed away aged 72.
  • Todd Shipyards soars in second
    New ferries for Washington state helps lift US shipbuilder's profit and revenue.

American Shipperweb site
NOVEMBER 11, 2010
  • Wilhelmsen blames loss on tax charge
  • Maersk to hike Far East to South America rates
  • Clarification: Lines file with FMC to index liner data
  • Air forwarders seek global air cargo security standard
  • Cylinders of ozone-depleting substances seized
  • Industry urges 1-year GSP extension
  • Locke: U.S., Japan build trade relationship
  • Panalpina buys Australian partner
  • FMC reviews 11 OTI license applications
  • Del. port receives GE wind turbine blades

The Scandinavian Shipping Gazetteweb site
NOVEMBER 11, 2010
  • Hannibal seized by pirates
    Early in the morning of November 11, the Panama-flagged chemical and product tanker Hannibal II was hijacked some 860 nautical miles east of the Horn of Africa, EU Navfor
  • Wilh. Wilhelmsen reports another strong quarter
    Wilh. Wilhelmsen has added another strong quarter to 2010. Its operating profit for the third quarter was USD 74.3 million, up from last year's USD 47.8 million
  • Mærsk expects a USD 5 billion result in 2010
    A. P. Møller-Mærsk has clearly left the recession behind ' the group posted a net profit of USD 4.2 billion for the first nine months of 2010, compared to

The Bunker Bulletinweb site
NOVEMBER 11, 2010
  • Tender for LNG bunker supplier cancelled
    Timeframe for Gothenburg LNG bunkering project unchanged despite tender cancellation.
  • Firm prices in Rotterdam, Hamburg
    HS avails still tight in Hamburg, players report.
  • Fujairah bunker market firms
    Keen buying interest in Suez.
  • Captain and shipping companies deny bunker spill charge
    Swire lawyers say the company will fight the allegations.
  • VP of bunker firm departs
    Pappaceno is leaving the company to pursue 'further interests'.
  • Fuel oil stocks climb in Singapore
    Players expect that inventories will continue to rise.
  • Aegean shares plunge to year-low
    Quarterly results below market expectations as profits fall despite increasing sales volumes and revenues.
  • Chemoil posts Q3 profit in 'challenging conditions'
    CEO says business 'continues to be exposed to weak wholesale-retail margin spreads'.
  • Uptrend in bunker prices, slack demand
    Lacklustre demand at key Asian bunker ports on Thursday, traders say.
  • Bunker fuel demand set to rise on increase in global fleet
    Bunkers account for about 70% of costs during operations, says CEO of SK Shipping.
  • Rosneft approves bunker tanker design
    The 3,100 dwt bunker tanker will be able to load, carry and supply four petroleum products.
  • Singapore embarks on local shipping emissions study
    Study to measure impact of emissions from ships operating in local waters.

›››File
FROM THE HOME PAGE
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
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
An Iranian merchant ship was hit in the Strait of Hormuz
Tehran/Southampton
One sailor died and four other crew members were injured.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
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.
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.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
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
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
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
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Arrival ports by:
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Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
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
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
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