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Independent journal on economy and transport policy
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June 3, 2011
The Business Timesweb site
Shipping News
  • Baltic sea index stays positive, outlook softer
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, rose for a ninth session on Wednesday buoyed by iron ore cargo business on the larger capesize vessels.
  • Oil tanker glut falls to two-month low with speed cuts
    A surplus of supertankers competing for Middle East oil shrank on Wednesday to its lowest level in more than two months - a sign that reduced sailing speeds may be affecting ship supply in the world's largest cargo-loading region.

Sched Netweb site
  • Manila's ICTSI to acquire Singapore's Portek International
  • US west coast imports up 5pc, but exports lead growth with 8pc rise
  • Drewry: Box shortage to ease this year after last year's drought
  • DP World delighted to be listed on London Stock Exchange
  • Horizon Lines struggles to stave off delisting from NYSE
  • Indonesia's Meratus Line acquires its biggest ship - 1,404 TEU
  • Damco unveils packaging optimisation to cut supply chain costs
  • Dubai Trade and NAFL logistics association consider alliance
  • Third Hong Kong runway needed, says Cathay's new chief executive
  • Finnair comes to Changi to offer daily Singapore-Helsinki flights
  • Tianjin plans to build world-class aviation industrial base

Exim Indiaweb site
JUNE 2, 2011
  • Aegis Group's net profit jumps 48 pc in Q4
  • India in control of piracy situation,assures Naval chief
  • Urmila Project Services consolidates its expertise in multimodal heavy transport
  • Mundra Port completes acquisition of Abbot Point X 50 Coal Terminal in Australia
  • Vishal Sharma is new CEO of Gateway Rail Freight
  • Decision to split MahaMumbai SEZ put off
  • Economic growth slows in Q4, improves slightly in fiscal
  • Exports maintain momentum in April, grow 34.4 per cent
  • India to emerge as 3rd largest economy by 2030
  • India-Iran oil payment talks to go on
  • Net direct tax collections down to Rs 4,000 cr. in April 11

Marine Logweb site
JUNE 2, 2011
  • Meyer Werft floats out Celebrity Silhouette
  • Cat Financial provides construction loan for Aker Philly tankers
  • Harley Marine Services receives environmental award

World Wide Shipperweb site
JUNE 2, 2011
  • Asiana adding Portland Airport to list of all-cargo destinations
  • Horizon Lines note holders Ok new financial structure scheme
  • Port of Everett bringing back Working Waterfront Harbor Tours
  • Port of Seattle warns drivers of delays due to transport projects
  • Lynden International taps Ogle as Asia Pacific development boss

Lloyd's Listweb site
JUNE 2, 2011
  • Europe-US gasoline MR rate rise points to market bottom
    But some brokers are anticipating further drops later this month
  • Beijing set to ramp up imports for electricity
    Dry bulk carriers could benefit from a surge in cargo demand during the northern hemisphere summer
  • SCF and Kazakhstan in oil transport dicussions
    Sergey Frank met Kazakh prime minister Karim Masinov to outline shipping services for country's oil exports
  • Chinese gasoil demand set for summer spike as power shortages kick in
    Power cuts and increased industrial activity to boost imports in northern hemisphere summer months
  • China power cuts could boost iron ore imports
    Although steel mill production may be hit, there could be an increase in foreign-sourced materials
  • China coal stocks fall to lowest level in a year
    Bulk carriers set to benefit from increased cargo demand
  • IRISL denies Israel connection
    Iranian company states it did not buy tanker from Sammy Ofer-linked Tanker Pacific
  • UK retailers count the costs of slow steaming
    Shippers have realised that they would be better off air freighting consignments across the world than seeing them languish in boxes on slow-steaming boxships
  • Little solace from OPEC for tanker owners
    Despite rising demand for oil and an official increase in OPEC exports, there is unlikely to be a call for more seaborne trade
  • Shipping faces cash flow crunch point
    Depressed spot rates look unlikely to recover soon, piling pressure on cash flow and asset values and raising the spectre of covenant violations
  • Scrapping to help ease orderbook
    Scrapping activity substantially higher between third quarter of 2010 and first quarter of 2011
  • The burden of interest
    Lloyd's List Intelligence looked at the impact that lower profits had on the interest coverage ratio of dry bulk and tanker companies
  • Newbuilding deliveries to keep rates low
    Prognosis for marked improvement in rates is slim
  • Shippers warn against moves to impose a bunker levy
    Global Shippers' Forum would support a voluntary initiative to cut carbon emissions, but it says shipowners must take rigorous action on efficiency
  • Fesco aims for majority stake in TransContainer
    Russian container carrier plans to buy 25% of TransContainer, bringing its stake to 37.5%
  • India's Adani signals expansion in Queensland port operations
    New owner to up capacity at coal terminal from 50m tonnes to 80m tonnes per year
  • South China Sea boost for high-spec jack-ups
    Despite sovereignty disputes offshore discoveries and production continue
  • Shoreside salaries rising across First World/Asia tigers, survey reveals
    Charterers and freight traders earn up to $90,000, while bonuses can be 50% of salary
  • Australia poised for regulatory changes to oil and gas exploration
    One national regulator will replace dual regime with state regulators
  • Grand China says hire payment problems are 'temporary'
    Cash flow management cited by third parties as cause of arrears that pit Chinese would-be giant against Greek and South Korean shipowners
  • Seafarers' unions and employers optimistic on Miami wage talks
    Recent ILO agreement on minimum pay 'will be considered' by both sides, says union chief
  • Latest economic indicators paint a confused and uncertain view
    Trying to pick firm forecasts for shipping demand is proving extremely difficult, with the numbers for key trade generating countries adding up to a very mixed picture
  • Russia's Gazprom to formalise and increase LNG exports to India
    Gas giant signs MOUs with three energy majors to supply 2.5m tonnes to each per year
  • JPPL finally gets approval to build bulk cargo port in Western Australia
    Kwinana container terminal set to open 2014 with second terminal by end of decade
  • Filipino seafarers say they can avoid EU ban over training failures
    Government and industry in talks over corrective action
  • CMA CGM shows the way on security
    It is inevitable that major container shipping concerns will inadvertently have carried illicit cargoes
  • Fix the problem, Philippines
    Brussels is threatening to ban Filipino seafarers from EU flagged vessels in a row over low training standards, but the problem stems from only a handful of academies

Fairplayweb site
JUNE 2, 2011
  • S Africa patrols coast of Mozambique
    SOUTH Africa has reportedly sent a warship to patrol off Mozambique to protect shipping from pirates
  • 270 migrants missing
    UP TO 270 migrants are reportedly missing today in the Mediterranean after their boat foundered
  • Serbia plans terminal off the Danube
    SERBIA is planning a cargo terminal meant to address persistent calls from shipping leaders for better use of inland waterways
  • Mississippi trade imperiled
    MILLIONS of dollars worth of trade are at stake if new vessel restrictions are imposed on the Southwest Pass on the lower Mississippi River, as expected, Fairplay has been told
  • Thai SEC chairman quits over TTA dispute
    THAILAND'S Securities & Exchange Commission chairman quit today over his involvement in an attempt by shareholders to force changes at drybulk carrier TTA
  • Maersk to use Malta as Med hub
    MALTA Freeport has closed a deal with Maersk Line to use Marsaxlokk as its central Mediterranean box hub
  • Fifth pirate jailed over hijacking
    A FIFTH pirate has reportedly been sentenced by a South Korean court over the hijacking of a chemical tanker and wounding of its captain
  • Offshore bonanza seen
    DMG & Partners Securities analyst Jason Saw predicted today that the offshore sector would remain robust over the next six months on high crude prices
  • Bangkok snarl costs Thailand's shipping
    CLOSURES at Bangkok's port stretching back to late 2010 are continuing to cause heavy congestion, the Thai Chamber of Commerce has complained
  • Horizon seals refinancing deal
    HORIZON Lines has agreed to a recapitalisation plan under which noteholders would take a huge stake in the company
  • Gazprom, India close LNG deal
    GAZPROM has agreed to transport up to 2.5M tonnes of LNG per year on gas carriers from Vladivostok to India's Petronet
  • TORM sells, leases back tanker
    TORM SINGAPORE, a subsidiary of the Danish products tanker specialist, has sold and leased back an LR2 tanker

The Journal of Commerceweb site
JUNE 2, 2011
  • YRC Worldwide Resumes Pension Contributions
    YRC Worldwide is once again contributing to Teamster pensions, but at much lower level than it did before suspending those...
  • Port of LA Adopts $976.6 Million Budget
    The Port of Los Angeles adopted a fiscal 2011-12 budget totaling $976.6 million, which projects operating revenues of $405.4 million...
  • Army Shipper Soars in Top Exporter Rankings
    The U.S. Army's Military Surface Deployment and Distribution Command increased its ocean export volume nearly four-fold in 2010, an apparent...
  • Profit Jumps at Transport Corporation of India
    Transport Corporation of India, the Asian country's largest integrated supply chain and logistics service provider, on Thursday posted net profit...
  • FMC Remains Closed After Power Outage
    The Federal Maritime Commission announced that its offices remain closed on Thursday while the local electric utility attempts to restore...
  • Michigan Governor Pushes New Detroit-Windsor Bridge
    Michigan Gov. Rick Snyder called on his state's legislature to approve plans to build a new toll bridge connecting Detroit...
  • Malta Confirms Maersk Move
    Maersk Line will operate scheduled services to the Mediterranean island port of Marsaxlokk, Malta Freeport Terminal confirmed. The...
  • Shippers Seek Lower Rates From Slow-Steaming
    Shippers are adjusting to slow-steaming by ocean carriers but want carriers to use some of the savings to reduce freight...
  • MSC Boosts Trans-Atlantic Rates to Canada, Mexico
    Mediterranean Shipping Co. will raise general rates on cargo shipped from northern European and Mediterranean ports to Canada and Mexico,...
  • NOL Completes $1.1 Billion in Ship Financing
    Neptune Orient Lines said Thursday it completed $1.1 billion in loan agreements and documentation with financial institutions providing financing for...
  • Global Air Cargo Increases 5.4 Percent in April
    International air cargo traffic grew 5.4 percent in April but the gain lagged behind rapidly expanding capacity and behind growth...
  • Con-way Sends $200,000 to Aid Joplin Tornado Relief
    Transportation and logistics giant Con-way will send $200,000 to help tornado survivors rebuild in Joplin, Mo., the home of its...
  • UTi Worldwide Profit Falls on Higher Costs
    UTi Worldwide reported a 13.2 percent decline in net profit to $8.7 million in its fiscal first quarter ending April...
  • Horizon Strikes Deal to Refinance Debt
    Horizon Lines, struggling in recent weeks to stave off a debt default, said Wednesday it has new agreements with bondholders...

Containerisation Internationalweb site
JUNE 2, 2011
  • ICC: protectionism 'increasing'
  • Russians still keen to expand in Black Sea
  • Horizon inks deal to refinance debt
  • Iran's container traffic up in 2010
  • IICL reports record year

TradeWindsweb site
JUNE 2, 2011
  • GMS slams 'toxic' media
    Cash buyer lashes out against Indian news reports tying CEO Anil Sharma to demolition of infamous Ivory Coast polluter, Probo Koala.
  • Anadarko opens tender
    US energy giant's South American oil wing launches tender for two anchor-handling tug supply vessels, brokers say.
  • Gibraltar battles spill
    Welder fights for his life as Port Authority of Gibraltar tackles aftermath tied to fuel depot explosion.
  • Sergey's shake
    Sovcomflot's Sergey Frank visits Kazakhstan Prime Minister to discuss increased cooperation in tanker trade.
  • Filipino fibbers
    Seafarers from the Philippines are falsely claiming to be unmarried to avoid their wages being paid to estranged wives.
  • Thoresen row rumbles on
    Thai securities watchdog chief stands down over Thoresen Thai takeover scandal.
  • SA in piracy pact
    South Africa and Mozambique to carry out joint patrols in strategically important channel as Somali hijackers extend their reach southwards.
  • NOL nails container cash
    Singapore giant nets over $1bn from banks to pay for newbuildings ordered in 2007 and 2010.
  • Sammy lays down the law
    Shipowner personally intervenes to order fleet to steer clear of Iranian ports and further controversy.
  • K Line brings back quartet
    Japanese shipowner to reintroduce car carriers as economy revs up.
  • Canadian bid for V Ships
    Teachers' pension fund makes offer and aims to get their manager ahead of private equity groups.
  • Sales targets in sight
    Offshore and LNG order rush sets South Korean shipbuilding giants within striking distance of their 2011 goals.
  • Kayne in TNK share raid
    LA investment house grabs an extra chunk of shares in Bruce Chan-led company.
  • Dur trims DryShips outlook
    Lazard analyst slices his profit expectations for George Economou-led owner, but says shares are too deeply discounted.

American Shipperweb site
JUNE 2, 2011
  • Hermann Services shuffles Southwest DC leadership
    Hermann Services has completed restructuring its Southwest warehouse management. John Murphy, executive vice president of Hermann Warehousing Corp., who joined the company in July 2010, has assumed executive responsibility for the operation. Tom Di...
  • Cambridge Systematics appoints senior managers
    Transportation planning and systems developer Cambridge Systematics has named Steve Capecci as chief of consulting operations and Sarah Ginand as chief of corporate services. Allison Karoly has taken over as marketing director of the Cambridge, Mas...
  • Maersk implements piracy surcharge
    Maersk Line said it has implemented a $70 per 40-foot container "emergency risk surcharge" on containers carried on its ships that move between the Indian subcontinent and various Middle East countries and pass through waters frequented by Somalia ...
  • Liners rely more heavily on box lessors
    Leasing companies purchased the majority of containers manufactured in 2010, and will probably buy as many this year, according to the Institute of International Container Lessors. The IICL said that lessors spent more than $4 billion for more tha...
  • Horizon announces financial restructuring
    Horizon Lines said Wednesday it has reached a deal with a group of note holders "for a transaction that will refinance the company's entire capital structure." It said under the plan, holders of most of its $330 million of unsecured 4.25 percent c...
  • System helps freight move after disasters
    The U.S. Federal Highway Administration will provide states with greater access to a modeling tool that can help them prepare for freight traffic shifts resulting from major road closures after natural disasters. The Freight Analysis Framework (FA...
  • COSTHA elects 2011-2012 board
    The Council on Safe Transportation of Hazardous Articles has elected its board of directors for 2011-2012. The executive committee members are: ' President Robert Heinrich, transportation safety advisor for Novartis Pharmaceuticals in East Hanover,...
  • ESC not joining new Global Shippers Forum
    The European Shippers' Council has declined to join the reconstituted Global Shippers Forum, (GSF), which announced last week it is taking steps to become a non-governmental organization so that it could speak for shippers at organizations such a...
  • DGX boosts Caribbean, Latin American LCL links
    Dependable Global Express has expanded its less-than-containerload program to serve the Latin American and Caribbean markets. The Rancho Dominquez. Calif.-based logistics services provider has increased its LCL all-water service to a weekly schedu...
  • European Shippers Council

The Bunker Bulletinweb site
JUNE 2, 2011
  • Fujairah prices fall
    Almost no demand in Suez.
  • North European markets quiet
    Bunkering back to normal in Gibraltar.
  • Gibraltar returning to normal after explosion
    Political party calls for review to ensure the port 'has the resources to deal with incidents of this type'.
  • Bunker suppliers 'sitting on tectonic fault'
    'Heightened risk of failure' as shipping companies face credit squeeze, conference told.
  • Bunker prices mostly down at main Asian ports
    Mixed demand across key Asian bunker hubs on Thursday.
  • Bunker market 'entering period of uncertainty'
    Stebbins asks how the industry can create sense of 'mission and trust'.
  • Finland grants subsidy for LNG-powered ship
    Ministry providing funds to build environmentally friendly ships at Finnish yards.
  • MRPL sells 380 cSt parcel at strong premiums
    High price levels may signal low cutter stock in July.
  • Vopak in joint venture to build storage facility in Malaysia
    Vopak eyes a total storage capacity of 32.7 million m' globally by 2014.

›››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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