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February 1, 2011
The Business Timesweb site
Shipping News
  • Mitsui OSK cuts annual profit forecast
    Mitsui OSK Lines Ltd, the world's largest merchant fleet operator, cut its annual profit forecast as Australia's worst flooding in 50 years disrupted cargoes this month and dragged down rates.
  • NOL's container volume rises in Dec
    Neptune Orient Lines (NOL) said on Monday that its container shipping volumes for the seven weeks to Dec 31 rose 26 per cent from a year ago, helped by higher traffic on the intra-Asia and Asia-Europe routes.
  • Operations slow at Suez
    Shipping operations in Egypt are carrying on as usual despite the unrest in the country but vessels at the port of Suez are unable to pick up military escorts for protection through the pirate-prone Gulf of Aden, a senior industry official said yesterday.

Sched Netweb site
  • 'K' profit soars 11 fold to US$407.9 million, but sees a slowdown
  • Maersk declares Port Said a no-go area as Egyptian riots rage
  • Carriers tell FMC of impact of 2008 EU conference ban
  • Maersk group to focus on emerging markets
  • US Federal Maritime Commission votes to probe slow steaming
  • Costamare founder dies after long illness at 75
  • MISC relaunches Philippines service, adds Haiphong call
  • German freight and passenger trains collide head on, killing 10
  • US considers authorising global 'trusted shipper' scheme
  • Nigerian anti-corruption inspections cause delays, demurrage
  • Hainan Air extends cargo partnership with ECS Group in Europe

Exim Indiaweb site
  • Argentina attacks Falklands box trade with bureaucratic blockade
  • CMA CGM's $500 million bonds subscribed by Yildirim
  • DCI achieves 'Excellent' MoU rating
  • GATI Coast to Coast commences service connecting Kandla with Cochin & Colombo
  • Info-X Software offers streamlined ocean e-commerce services thru' integration with INTTRA
  • MAERSK LINE to resume seasonal NZ relay service
  • MSC launches direct Central America-North Europe link
  • Slot-sharing cuts N. & E. Asia-Australia capacity over Chinese New Year
  • UASC commences own agency in Poland
  • ZIM launches direct Tampa-Mexico container service
  • JNPT adjudged container handling port of year at Northern India Multimodal Logistics Awards
  • KPT observes R-Day with vigour
  • No oil pollution, human casualty following vessel collision in Mumbai Harbour-DGS
  • GDL Groups consolidated net profit surges by 40 pc in Q3
  • One of the world's best fairs
  • Swiss to bring in new law from Feb. to recover illicit wealth

International Transport Journalweb site
JANUARY 31, 2011
  • Hainan Airlines extends European cargo GSSA partnership with ECS Group
    China's Hainan Airlines has extended its general sales and services agent agreement with the ECS Group in Europe by awarding a new contract to the company in Hungary and Austria. T...
  • CMA CGM and Yildirim: equity note issuance finalised
    CMA CGM has now issued USD 500 million in redeemable bonds, all of which were subscribed by Turkey's Yildirim Group, in accordance with agreements between CMA CGM Group and the gro...
  • Maximus adding converted Airbus freighters to fleet
    Maximus Air Cargo, the UAE's largest dedicated cargo aircraft operator, is significantly expanding its fleet. Three additional Airbus A300-600 regional freighters, which each offer...
  • European railfreight body calls for improvements in German network
    Netzwerk Privatbahnen, an alliance encompassing 24 private and local freight railways from the whole of Europe, has said that the liberalisation of Germany's railway sector had led...
  • Future of German inland waterways not clear
    The German inland shipping organisation (Bundesverband der Deutschen Binnenschiffahrt BDB) has severely criticised the transport ministry's inland waterway concept, questioning the...
  • Loxxess changes ownership structure
    Loxxess, a German logistics group that specialises in complex outsourcing projects, has changed its ownership structure. The company has now announced that Christina Amberger, the ...
  • Maersk joins UN disaster relief team
    The A.P. Moller-Maersk group is the newest member of the logistics emergency team, having recently joined a disaster relief support network run by the United Nations World Food Pro...
  • PSA registers strong recovery
    PSA International handled 65.12 million teu at its ports around the world in 2010. The group's performance showed a marked increase of 14.4% over 2009, on the back of contributions...
  • ATR booked orders for 80 aircraft in 2010
    The Franco-Italian regional turboprop manufacturer ATR booked orders for 80 new aircraft in 2010, plus options for 33 more. ATR generated a turnover of USD 1.35 billion in the year...

Marine Logweb site
JANUARY 31, 2011
  • Washburn & Doughty building new Moran tug
  • Conservancy takes title to SS United States
  • GAC Protective Services issues Suez Canal crew change advice
  • Atwood Oceanics orders $600 million drillship at DSME
  • Warning: "Citadels" no absolute guarantee of crew security against pirates
  • Resolve in OPA 90 firefighting coalition with T&T Bisso

World Wide Shipperweb site
JANUARY 31, 2011
  • Port Metro Vancouver posts numbers for 2010
  • Port of Seattle stars on financial news program
  • IMO Secretary General talks security with Napolitano
  • Drinking water study completed at Washington ferries headquarters
  • Wallenius Wilhelmsen Logistics expanding Europe to Gulf service

Lloyd's Listweb site
JANUARY 31, 2011
  • Rates will face spike if Suez Canal closes
    The canal and Sumed pipeline carry between 4% and 5% of world's daily oil consumption
  • Capesize values drop $1m in one week as market worsens
    Brokers see no sign of recovery as bulk carrier prices fall across sectors
  • VLCC sale price signals 'new low' in double-hull values
    Japanese-owned, very large crude carrier Tajima has been sold to Greek shipowners Dynacom Tankers Management for $28.1m, in what brokers have called a new low in values for 1990s-built double-hulled VLCCs
  • Baltic Index drops by 38% during month given 'Black January' label
    The Baltic Dry Index fell 30 points to 1,107 yesterday, closing 38% lower than a month ago, in what brokers are now labelling as 'Black January'
  • Chinese New Year brings freight rates relief
    Increased shipments on boxships ahead of the Chinese New Year have helped arrest any further drop in freight rates on the route from Shanghai to northwest Europe
  • Box lines draw up Suez contingency plans
    To deviate around Cape of Good Hope if Suez Canal is blocked
  • Tanker shares tumble on Egypt fears
    New York market reacts to realities of the Suez Canal situation after Friday spike
  • Paragon Shipping admits Korea Line exposure
    Dry bulk and boxship owner has a panamax on hire to the troubled South Korean giant until late 2013
  • Japanese box giants warn over earnings
    Lines warn over impact of rate declines and overcapacity on revenues and profits
  • Military takes control of Suez Canal
    Waterway to remain open although all other port activity likely to be at a standstill
  • Le Havre develops multimodal infrastructure links
    La Breque link plugs port directly into national rail network
  • Suez Canal shipment delays likely
    Just in time deliveries to be worst hit but marine insurers remain calm amid crisis
  • Former Hartmann boss launches shipmanagement firm
    Dietrich Schulz sets up own shipmanagement company
  • Indian frigate stricken in Mumbai collision
    INS Vindhyagari and Cyprus-flagged boxship collide
  • Long wait ahead for fruits of reform
    French ports may soon be better able to compete with European rivals, but will foreign exporters return?
  • Le Havre looks to freshen its image
    Leading French container port keen to alter reputation as nexus of labour unrest brought about by Nicolas Sarkozy's national port reforms
  • Normal accident, exceptional loss
    It is time for the maritime industry to redouble its thinking about safety, worse loss scenarios and decoupling of risk
  • MAN Diesel to design engine to run on organic liquid gas
    Move in response to order from Scandinavian shipowner for a small dry cargo vessel to run on organic liquid gas
  • Rush to install ecdis puts price and functionality pressure on makers
    Prices for Ecdis systems are dropping, while shipowners demand more functionality as the IMO deadlines for installation approach
  • Beluga Shipping slams failed rescue mission
    Crew member shot by pirates as patrol boat and Dutch frigate attack captured Beluga Nomination
  • NOL sees steady erosion in box freight rates
    Freight rates at the end of 2010 continued to slide but above 2009 levels
  • Daewoo posts record $697m profit
    Shipbuilder's net income up 35% on 2009 numbers
  • Delays hit Egyptian ports
    Disruptions reported as workers stay away due to civil unrest
  • TBS wards off bankruptcy threat
    Management to inject up to $10m in loan deal as deadline expires today
  • International Group defends release call policy
    P&I clubs warn any attempt by Brussels to impose a formula will restrict competition
  • SCCT severely restricted by curfew
    Shutdown from 1500 hrs to 0800 hrs leaves staff at container terminal with 'a very narrow window of working time'
  • Just in time may be worst hit by Egypt crisis
    Just in time shipments could bear brunt if Suez Canal closes
  • Oil traders warned over spread of Egypt unrest
    Market jitters unfounded but spread of protests to other countries could pose risk
  • Capital Product talks up prospects despite profit fall
    Average product tanker spot earnings for fourth quarter improved compared with 2009
  • Keep Suez Canal open
    Egypt has a clear self-interest in ensuring the continuing safe passage of merchant shipping in the Suez Canal

Fairplayweb site
JANUARY 31, 2011
  • EU NAVFOR clarifies Beluga rescue
    BELUGA Shipping and EU NAVFOR have rejected media reporting of last week's attempt to free the Beluga Nomination from Somali pirates.
  • Usiminas of Brazil wins Panamax steel bid
    TRANSPETRO said today it will buy 13,000 tonnes of steel plate from Brazilian steelmaker Usiminas to build tankers to carry oil and refined products.
  • Paragon reveals KL risk
    NYSE-listed Paragon Shipping today confirmed that it could potentially suffer a material hit from Korea Line's receivership.
  • LB expansion gains steam
    LONG Beach is accelerating $4Bn worth of expansion schemes as it comes off a record year of box growth.
  • APM shuts non-oil operations in Egypt
    DANISH shipping and oil group AP Møller-Maersk has reportedly suspended its terminal operations at Egyptian ports and closed its shipping offices in Egypt.
  • Russia's UCL mulls IPO
    THE OWNER of Russian port and stevedoring company UCL Holding is considering an IPO with a target valuation of $2Bn, Fairplay has been told.
  • CPP results fall short
    EVANGELOS Marinakis-controlled Capital Product Partners reported disappointing results today but assured that sector fundamentals were improving.
  • Cruises give Egypt a miss
    CRUISE lines that operate eastern Med and Red Sea routes are altering itineraries because of the escalating violence and turmoil in Egypt.
  • DSME profits rise in 2010
    SOUTH Korea's DSME today posted a 35.1% year-on-year rise in net profits to 780.1Bn won ($695M) for 2010.
  • China box shipments rise
    CONTAINER shipments from China surged last week as shippers saw a spike in export demand before Chinese New Year begins on 3 February.
  • Ship sinks off Seychelles
    A GENERAL cargo/passenger ship has reportedly sunk in the Seychelles.
  • Shares settle as Suez fear subsides
    SHARES in listed tanker shipping companies lacked direction this morning, after they rallied last week on fear that the Suez Canal could be closed because of the Egyptian government's crisis.
  • Less coal, iron ore shipped within China
    INTRA-China coal and iron ore shipments dipped last week as factories stockpiled ahead of the week-long Chinese New Year that begins on 3 February.
  • Russian fishing booms
    RUSSIA'S fish sector is booming, with Russian consumers increasing consumption level of cool, salted and dried fish at almost the country's growth rate for fruit.
  • 'K' Line swings to profits
    'K' LINE announced today that it recorded net profits of '6.9Bn($84M) for the third quarter of the 2010 financial year, reversing losses of ¥18.7Bn a year earlier.

The Journal of Commerceweb site
JANUARY 31, 2011
  • Napolitano Calls for Trusted Shipper Program
    Homeland Security Secretary Janet Napolitano is gathering international support for an all-modes "trusted shipper" program similar to the trusted traveler...
  • Diesel Edges Up to $3.438 per Gallon
    Retail diesel prices edged up eight-tenths of a cent last week to a national average of $3.438 per gallon, according...
  • Long Beach Port to Build on Recovery
    The Port of Long Beach this year will progress in the development of four key infrastructure projects that will prepare...
  • NOL Container Volume Grew 24 Percent
    Neptune Orient Lines said Monday container volume for its APL subsidiary grew 24 percent in 2010 over the previous year...
  • Federal Judge Orders Carrier to Restore Teamster Pay
    A federal judge ordered an Indiana concrete company to restore pay and benefits to 23 cement truck drivers who were...
  • 'K' Line Returns to Profit
    Container shipping provided most of the profits that put Japanese carrier "K" Line back in the black during its October-December...
  • Mississippi River Pilots Limit Vessel Draft
    Pilots who guide ships on the Mississippi River from its mouth to New Orleans last week put a new restriction...
  • US Steel Imports Jumped 47.2 Percent in 2010
    U.S. steel imports last year rose 47.2 percent from recession levels in 2009 and signs point to further improvement this...
  • Wallenius Wilhemsen Adds Europe-U.S. Gulf Ports
    Wallenius Wilhelmsen Logistics will add port calls at Santander, Spain; Veracruz, Mexico, and Cartagena, Colombia, on its pure car/truck carrier...
  • FMCSA Wants Black Boxes for Trucks
    The Department of Transportation on Monday proposed all trucking companies be required to install electronic onboard recorders to monitor driver...
  • Higher Rates Raise Profit for Covenant
    Higher rates and better utilization of its equipment helped Covenant Transportation pull out of the red and post a profit...
  • French Port Strike Stalls Activity for Fourth Day
    French ports were at a standstill for the fourth successive day Jan. 31 as dock unions and port employers prepared...
  • MOL Cuts Forecast Despite Container Profits
    Japanese shipping group MOL reported higher container shipping profit but cut its earnings forecast for its fiscal year ending March...
  • Rockefeller Introduces FAA Authorization Bill
    Long-stalled legislation to fund operations of the Federal Aviation Administration got under way again in the 112th Congress. ...
  • Unrest Affects Egypt Ports; Suez Remains Open
    Egyptian ports were closed or operating at sharply reduced capacity amid a seventh day of anti-government protests Monday, but the...
  • NYK Profit Jumps More Than Tenfold
    NYK Line's net profit jumped more than tenfold in the Japanese shipping company's October-December fiscal third quarter as improved container...
  • EMD Sells Locomotives to Mexico, Canada
    Caterpillar-owned locomotive builder Electro-Motive Diesel locked in orders to sell 44 freight power units to Ferrocarril Mexicano, and five more...
  • Cargotec to Buy Navis for $190 Million
    Finland-based Cargotec said it will acquire Navis from Zebra Technologies for about $190 million. Cargotec markets cargo handling equipment...
  • ANA Earns $457 Million Profit in Nine Months
    Japan's All Nippon Airways swung to a net profit of $457.3 million in the first nine months of fiscal 2010,...
  • Ships Collide Off Mumbai
    A Cyprus-registered container vessel collided with an Indian naval warship off the Mumbai harbor Sunday. No injuries or oil...
  • Crandall Joins Southern Air Board
    Freighter operator Southern Air named Robert L. Crandall, the former American Airlines chairman credited with revolutionizing airline industry management, to...
  • ProLogis, AMB Property Announce Merger
    Distribution center giants ProLogis and AMB Property announced an agreement Monday to merge their businesses, bringing 600 million square feet...
  • Transloading, Part II
    Thanks to the recession, transloading is rapidly evolving from a tactic shippers used to avoid high rail rates for intact...
  • Credit Terms: Lost in Translation?
    Q: We're a maritime freight forwarder that does business with a client who imports from Hong Kong under credit arrangements....
  • Union Pacific Powers Into 2011
    When Union Pacific executives consider how to build on big 2010 gains, they increasingly talk about the 'value proposition' North...
  • Simpler Pricing No Priority
    There's one area where FedEx Freight will stick to the LTL playbook: pricing. Although it's redefining its services as priority...
  • FedEx Freight Gets an Overhaul
    Bill Logue will launch a new trucking company Jan. 31 - FedEx Freight. It will look much the same as...
  • Ports Digging Deeper
    On Jan. 3, The Journal of Commerce published a commentary by Asaf Ashar ('Paying for Benefits,') that included several misleading...
  • A Deeper Vision
    Florida is something of a bystander when it comes to handling container trade with Asia, but the state's business community...
  • Infrastructure Pandemic
    U.S. infrastructure in rough shape, you say? Bridges collapsing and highways congested? Financing and investment lacking? We're not alone. ...
  • Whacked on the Waterfront
    The Christmas list keeps getting longer. A new round of federal indictments for alleged mob activity added several names to...
  • Breathing Easier, Nationally
    There's been no shortage of argument and legal battling over the clean-trucks programs at Southern California's ports, but there's no...
  • Cold Water on the Recovery
    Welcome to the first year of the second decade of the 21st century. Happy New Year to you all. ...
  • Making Connections in Michigan
    Barely two weeks into his first term, Michigan Gov. Rick Snyder threw his support behind a new bridge between Detroit...
  • Shippers Climb the Hill
    When it comes to transportation policy issues in Washington, freight shippers want it all. From heavy industry groups such as...
  • Hours-of-Service, Hours of Trouble
    What's most likely to keep trucking executives awake in the early hours of the morning this year? If you said...
  • Layering Capacity
    Truckers trying to keep a tight grip on capacity are rethinking how they use it. Innovative equipment designs could help...
  • Trucking Recovery 2.0.11
    The fragile state of the retail supply chain became clear to Wayne Spain in December as he went from store...
  • Fuel Comes Back
    It's not quite 2008 again, but heads up: After two years of relative stability, transportation fuel prices are creeping back...
  • Words, Actions
    To say infrastructure and trade have never been as prominent in a presidential State of the Union address as they...

Containerisation Internationalweb site
JANUARY 31, 2011
  • Egypt in meltdown
  • Jacques Saade returns to helm of CMA CGM
  • Hanjin back in profit following strong transpac and Asia/Europe trade
  • Waldhof casualty 'explosion threat'
  • Europe/Cote d'Ivoire trade in turmoil

TradeWindsweb site
JANUARY 31, 2011
  • Beluga blasts 'failed' navies
    Niels Stolberg-led owner says forces "entirely malfunctioned" as crewman executed on Beluga Nomination.
  • CSDC chasing cash
    Hong Kong-listed owner plots $600m bond issue to back up order binge.
  • Latvian goes after exes
    Riga tanker owner's new board seeks "compensation for losses" incurred by departed Imants Sarmulis and others.
  • Western Bulk in legal win
    Norwegian dry cargo operator wins dispute with Ispat over supramax charter hit by insurgency at Indian port.
  • TBS strikes it lucky
    US owner rewrites terms of seven troublesome loans with the help of its top managers to remove bankruptcy fears.
  • Pace slowing at NYK
    Japanese giant still erasing 2009's losses, but things are getting tougher in the fourth quarter.
  • Capital profit cut
    Evangelos Marinakis-led owner sees fourth quarter bottom line dip as revenue declines.
  • Paragon sounds KLC alarm
    New York-listed owner says there is "no assurance" ailing Korean firm will pay up on panamax charter.
  • Ferry smashes quay
    Veolia's Moysalen slammed into the side at Lokta, Norway, by strong winds.
  • Fain flogs RCCL shares
    CEO Richard Fain collects almost $10m after sells shares in cruise giant following its bumper 2010.
  • MSC boxship "spills oil"
    Dominican Republic starts probe into small leak from MSC Ronit at Caucedo.
  • Grain ban bites NCSP
    Russian port blames export block and falling crude oil volumes for weaker 2010.
  • 'Execution' on Beluga ship
    Two other crew members unaccounted for as failed Seychelles rescue bid sees one crew member and pirate killed.
  • Cape sale sets bar lower
    Cyprus Maritime said to have paid only $24m for capesize bulker in deal which looks likely to set a new benchmark.

American Shipperweb site
JANUARY 31, 2011
  • U.S. economy gains momentum
    The U.S. economy grew 3.2 percent in the fourth quarter of 2010, up from 2.6 percent growth in the third quarter, the Commerce Department said Friday. The results are based on preliminary data and are likely to be refined late next month. The impr...
  • IMS Rail handles containers from Rotterdam
    Basel-based IMS Rail Switzerland will take over railed container transport at the Dutch port of Rotterdam from ICF West, effective Tuesday. In early January, container operator IMS Intermove Systems Speditions- und Transport GmbH in Vienna agreed t...
  • Kansas City Southern profit up
    Kansas City Southern reported fourth quarter net profit of $55.6 million, compared to $35.2 million in the same 2009 period. Revenue for the quarter ending Dec. 31 was $479 million, up 18 percent from the year-earlier period on a 12 percent increas...
  • Official reiterates White House gas tax position
    White House Chief of Staff William Daley on Sunday ruled out a raise in the gas tax to help pay for transportation infrastructure, holding true to the Obama administration's position held since taking office two years ago. "I don't think raising t...
  • Crandall joins Southern Air's board
    Southern Air Holdings has appointed Robert L. Crandall, former chairman and chief executive officer of AMR Corp. and American Airlines, to its board of directors. "Southern Air is one of the most experienced and fastest growing air cargo carriers i...
  • WWL expands Europe/U.S. Gulf service
    Wallenius Wilhelmsen Logistics has added regular, direct calls to the ports of Santander, Spain; Veracruz, Mexico; and Cartagena, Colombia; as part of its Europe to U.S. Gulf service. This new service will offer shippers, freight forwarders and exp...
  • Report raises short sea shipping concerns
    The environmental group Friends of the Earth (FOE) last weekreleased a report detailing the environmental challenges associated with short sea shipping . "Short sea shipping has the potential to be greener than other types of freight transport. How...
  • Japan lines profit through 3 fiscal quarters
    Japanese container shipping lines "K" Line, MOL and NYK all reported improved financial results through three quarters of their fiscal year. "K" Line said its container shipping division saw operating profit of $383.8 million through the first nine...
  • OOCL 2010 revenue up 46%
    Liner carrier OOCL said last week in an operational update that its fourth quarter revenue grew 41.9 percent to $1.5 billion, compared to the same period in 2009. That growth was slightly lower than the container line's revenue growth for the whol...
  • Saadé returns as CEO, CMA CGM attains investment
    Saade French liner carrier CMA CGM said Friday it has formally ceded a 20 percent share of the company, worth $500 million, to the Yildrim Group, a Turkish conglomerate. The announcement comes two months after CMA CGM first finalized the deal, endi...

The Scandinavian Shipping Gazetteweb site
JANUARY 31, 2011
  • Keel laying at Rauma shipyard
    On January 31, 2011, the keel was laid for an Antarctic research and supply vessel ordered by the South African Department of Environmental Affairs at STX Finland Rauma shipyard. The
  • Esbern Snare rescued crew from Beluga vessel
    The Danish warship Esbern Snare rescued two crew members from the German owned heavy lift carrier Beluga Nomination, which last week was hijacked by Somalia pirates in the Indian Ocean
  • New HSC for Bornholm service launched in Australia
    The Austal shipyard at Henderson, Australia, has launched the HSC ferry (hull no. 246) for F'rgen A/S. The ferry will later this year officially be named Leonora Christina after
  • Clipper employees in tax trouble
    Around 200 employees at Clipper's Copenhagen office are facing fines and even imprisonment due to violations against the Danish tax legislation. The first case of many has recently been handled

The Bunker Bulletinweb site
JANUARY 31, 2011
  • Fears of more bankruptcies as rates slip
    Analysts say more shipping firms could fold as Baltic Dry Index falls to two-year low.
  • Fujairah market firm amid Suez concern
    IFO still unavailable in Durban.
  • Fuel oil cargo commands 'highest premium for five years'
    Buyer takes position that 'low density cargoes will be tight going forward'.
  • Prices firm in key ports
    The bunker market was very busy in Gibraltar.
  • High fuel costs are a 'driver for change'
    'New technologies are entering the market, enabling novel designs to become reality,' says DNV.
  • Containership detained following oil spill
    Spokesman for Dominican Republic's environment agency says 'penalties' will be sought.
  • Slow steaming remains part of K Line strategy
    Company President warns of 'uncertain' economic outlook.
  • Asian bunker prices at fresh two-year highs
    Bunker supplies mostly "tight" at key Asian bunker ports, traders say.
  • Crew of vessels involved in illegal bunkering to face charges
    For transferring 14 mt of marine fuel oil without approval, according to Malaysian police reports.
  • SK Energy scraps heavy oil upgrading project
    Fall in supplies of bunker product in South Korea may not be as great as feared, traders say.
  • Bunker market last 'redoubt' of Asian fuel oil demand
    Demand for fuel oil diminishing from the industrial, residential and commercial sectors, says energy consultancy.
  • Sinopec (HK) to launch oil terminal in 2011
    A quarter of the 2.08 million m' terminal will be used to store bonded fuel oil, when fully competed in 2012.

›››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.
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
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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