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Independent journal on economy and transport policy
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BRIEFS
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
ZIM also records a recovery in the second quarter
SHIPPING
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
PORTS
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%)
PORTS
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
COMPANIES
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
ACCIDENTS
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
PORTS
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
COMPANIES
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
PORTS
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%)
PORTS
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
PORTS
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
PORTS
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%
PORTS
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%)
SHIPPING
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
SHIPPING
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
SHIPPING
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
PORTS
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
SHIPPING
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
ACCIDENTS
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
SHIPPING
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
SHIPYARDS
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
SHIPPING
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.
CRUISES
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
ACCIDENTS
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.
SHIPPING
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
ACCIDENTS
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
LOGISTICS
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
SHIPPING
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
CRUISES
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
SHIPPING
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
SHIPPING
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
PORTS
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
RAILWAY TRANSPORT
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
PORTS
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
CRUISES
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
SHIPYARDS
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
PORTS
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
SHIPPING
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
CRUISES
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
SHIPPING
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PORTS
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
PORTS
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
RAILWAY TRANSPORT
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
SHIPYARDS
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
SHIPYARDS
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
SHIPYARDS
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
ACCIDENTS
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
CRUISES
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
PORTS
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
PORTS
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
COMPETITION
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
FREIGHT TERMINALS
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
INTERMODAL TRANSPORT
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
PORTS
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
PORTS
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
LEGISLATION
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
ACCIDENTS
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
SHIPPING
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
PORTS
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
TRANSPORTATION
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
SHIPPING
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
TRANSPORTATION
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
ACCIDENTS
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
PORTS
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
PORTS
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
PORTS
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
ACCIDENTS
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
PORTS
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
PORTS
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
CRUISES
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
PORTS
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
PORTS
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%)
SHIPPING
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%
SHIPPING
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%.
PORTS
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%.
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
PORTS
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
INDUSTRY
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
SHIPPING
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
PORTS
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
SHIPPING
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
COMPANIES
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%)
MOURNING
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
PORTS
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
PORTS
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
PORTS
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
COMPANIES
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
PORTS
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%
PORTS
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%
LOGISTICS
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
LOGISTICS
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.
SHIPPING
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
PORTS
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
SHIPPING
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.
SHIPPING
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
ACCIDENTS
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
PORTS
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
PORTS
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%)
INTERMODAL TRANSPORT
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.
PORTS
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
ACCIDENTS
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
SHIPPING
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
COMPANIES
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
PORTS
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
PORTS
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
PORTS
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
EDUCATION
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
INTERMODAL TRANSPORT
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
TRANSPORTATION
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
ACCIDENTS
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
INFRASTRUCTURE
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
LOGISTICS
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
LOGISTICS
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
PORTS
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
COMPANIES
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
PORTS
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
PORTS
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
INDUSTRY
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
PORTS
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
LOGISTICS
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
ASSOCIATIONS
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
PORTS
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
FREIGHT TERMINALS
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
INDUSTRY
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
OFFSHORE
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
LOGISTICS
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
ASSOCIATIONS
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
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
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
MEETINGS
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
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
SHIPPING
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
EDUCATION
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
NEWS
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
INDUSTRY
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
SHIPPING
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
ACCIDENTS
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
ACCIDENTS
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
SHIPPING
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
INTERMODAL TRANSPORT
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
PORTS
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
CRUISES
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
PORTS
Western Liguria Port Authority approves 2026 budget update
Genoa
PORTS
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
INDUSTRY
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
PORTS
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
PORTS
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
SEAFARERS
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
PORTS
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
PORTS
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
PORTS
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
PORTS
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
PORTS
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
RAILWAY TRANSPORT
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
PORTS
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
PORTS
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
SHIPYARDS
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
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