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Independent journal on economy and transport policy
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October 4, 2011
The Business Timesweb site
Shipping News
  • US-listed shipping firms in danger of going under
    At least four US-listed shipping companies are likely to face restructuring or declare bankruptcy over the next 12 months as the long downturn in the freight market forces further consolidation, an industry executive told Reuters.
  • Container shipping rates dive in Q3
    The world's container shipping market may remain bleak for the rest of the year, after seeing shipping rates halved in the third quarter as Western buyers tighten their purse strings amid growing fears of a global recession, a specialist said yesterday.
  • Shipping emissions targeted by environmental groups
    Ships emit more carbon dioxide and should be taxed to help poorer nations adapt to climate change, environmental groups said.

Sched Netweb site
  • Hanjin, Cosco cut two transpacific routes for the rest of the year
  • NOL accelerates promotion of Lieutenant General Ng Yat Chung as CEO
  • Evergreen joins MOL, NYK and 'K' Line's joint Asia-Oceania loop
  • Yang Ming puts 6,600-TEU vessel on Taiwan-US east coast service via Suez
  • Hit by bad times, MOL lowers first half outlook to a loss of US$221 million
  • Piracy, political unrest threaten Mideast ports, says Salalah port manager
  • Agri containerisation: Bulk-to-box transloading starts in Charleston
  • Nigerian ports up 19.3pc to record 64,188 TEU in July, dredging credited
  • Maersk tests scrubber onboard, hopes cut use of costly low sulphur fuel
  • America's NAFTA trade value increases 18.1pc in July to US$72.4 billion
  • Qantas workers threaten more go-slows and strikes from October 7
  • EU emissions trading usurps UN authority, airline lawyer tells Euro court
  • IATA expects airline profits to fall 19pc to US$4.9 billion in 2012
  • Shenzhen working on plan for logistics 'aero area' centred on the airport

Exim Indiaweb site
  • Cheng Lie adds Korea, China, Thailand to service
  • DAMCO thanks customers in South India for support
  • Hutchisons Felixstowe continues to be UKs biggest port
  • ICES 1.5 (Customs EDI) commences at ICD-Loni for imports
  • ICS stresses importance of treaty ratification
  • MAERSK's LINE fuel switch in Singapore lowers sulphur emissions
  • MOL to raise capacity of Japan-Korea-Thailand CBE service this month
  • Ship operating costs increase again, but insurance costs plummet
  • Shipping companies seek the PE alternative to financing
  • Transpacific rates fall as demand dries up, capacity remains high
  • Wan Hai, Interasia launch revised Japan-Singapore NS3 service
  • MbPT conducts Hindi quiz contest, tree plantation drive
  • Port of Antwerp building largest lock in the world
  • Core sector growth slowest in 11 months
  • Ajit Shah honoured with SME Excellence Award

International Transport Journalweb site
OCTOBER 3, 2011
  • Aerologic to cooperate with TFC Käufer
    Aerologic, a joint company of DHL Express and Lufthansa Cargo, will cooperate with the TFC Käufer flight schools in training young pilots as of next month. In doing so, the German ...
  • USD 31 million to improve rail services in Washington State
    The US Department of Transportation is investing 31.1 million in the State of Washington to improve intercity passenger and freight rail services on the Cascades line. A highlight ...
  • Second mark V ro-ro vessel delivered to Wallenius Wilhelmsen
    Wallenius Wilhelmsen Logistics has taken delivery of MV Parsifal, its second mark V ro-ro vessel. The Parsifal is a sister vessel to MV Tonsberg, delivered to Wallenius Wilhelmsen ...
  • Universal Africa Lines with new vessels and routes
    Starting in early October Universal Africa Lines will sail from west Africa to south and east Africa using the UAL Cyprus. The following ports will be served: port Harcourt (Onne),...
  • Devereux Transport invests in Volvo trucks in UK
    Family-owned freight forwarder Devereux Transport of Billingham (UK) has put six new Volvo FH 6x2 tractor units into service. All trucks were supplied by the Stockton-on-Tees Deale...
  • MAN plant in Brazil hits 500,000 vehicles mark
    MAN Latin America has produced its 500,000th vehicle at its Resende plant, which has been in operation for almost 15 years. MAN plans to increase its sales in Brazil over the next ...
  • Transport sector to go on strike in Italy
    The TransportoUnito union has called on drivers to take industrial action as of today, Monday, until Saturday. The reason for this is the discontent over the legal framework condit...
  • Union Pacific Railroad invests in track improvements
    Union Pacific Railroad will continue improving the transportation infrastructure in Iowa by investing nearly USD 10.5 million in the rail line that runs from Des Moines to Iowa Fal...
  • Kuehne + Nagel appoints William Rooney seafreight transpacific VP
    Kuehne + Nagel, one of the world's leading logistics companies, has named William F. Rooney vice president of seafreight transpacific. In line with Kuehne + Nagel's transpacific Go...
  • Upgraded shipping service to boost African trade
    The addition of Beira and an eastbound Toamasina call on Safmarine's weekly shipping service between southern Africa and Asia, the Safari 3 service, will help boost trade between t...
  • DSM Dyneema finalises acquisition of IP rights
    DSM Dyneema, a global company active in health, nutrition and materials, has finalised the outright purchase of IP rights related to the manufacture of light weight air cargo palle...
  • Gefco boosts sales in first six months of 2011
    In the first six months of 2011, the French transport and logistics group Gefco improved sales on the prior year's same period by 17.5% to approximately EUR 2 billion. The operatin...
  • Imperial Group acquires Lehnkering
    Imperial Holdings has taken over of German Lehnkering Holding. The acquisition is subject to merger clearance by the European Commission. The South African logistics corporate Impe...
  • Norbert Dentressangle expands in South America
    French transport and logistics services provider Norbert Dentressangle has opened offices in Chile and Brazil as part the continued development of its freight forwarding business. ...
  • Turkish Cargo launches Sharjah route today
    Fresh off the back of launching new destinations in Saudi Arabia (see ITJ Daily 20 September), Turkish Cargo is now adding new destination in UAE. The company already operates frei...

Marine Logweb site
OCTOBER 3, 2011
  • Hercules Offshore liftboat capsizes after being hit by waterspouts
  • Richard McCreary joins BAE Systems Ship Repair
  • Maersk Line, Limited names ice-classed U.S.-flag tanker
  • MEBA pickets Liberty Maritime as AMO mans bulkers
  • Keppel FELS books $199 million contract for refurbished and upgraded jack-up rig
  • Rolls-Royce wins first Environship order
  • Ultrapetrol reports new contracts

World Wide Shipperweb site
OCTOBER 3, 2011
  • Panama Canal sets new tonnage mark during 2011
  • Top ships selling M/V CYCLADES
  • Chuck Jones art on display at Portland International Airport
  • Crowley Maritime adding 400 new high-cube containers
  • Coast Guard sets contract for Ediz Hook erosion project

Lloyd's Listweb site
OCTOBER 3, 2011
  • Asian storms drive VLGC rate to fresh highs
    Cargo discharge delays cut the number of available ships, driving up freight rates
  • Shell fire set to hit tanker market if shutdowns continue
    Oil and products taken off the market after Singapore refinery is closed
  • Grimaldi offers way out of Tunisian stalemate
    Fear of competition thought to be behind the problems the Italian company has encountered since it launched a new service to Tunis in July
  • P&O Ferries chief tells inquiry of 'total lack of trust' with Dover
    Helen Deeble tells of dispute over tariff that raised cash for second ferry terminal that is still not built
  • What's next for China Shipping 'plc'?
    The world's dominant shipping market is evolving, but don't look for an easy ride
  • Weighing a China slowdown
    The world's second largest economy may be undergoing a manufacturing contraction. Is it temporary?
  • TBS International gets delisting notice
    Joins growing queue as share prices refuse to rise
  • Nor Lines orders two gas-powered vessels
    Ro-ro operator opts for pure gas engines over dual fuel system
  • Economic balance to be restored
    It will take at least two years for equilibrium to return. There are signs suggesting shipping may be able to handle the transition period well
  • Panama must come clean on the Danny FII tragedy
    Panama should take its responsibilities seriously and come clean on the Danny FII tragedy
  • Age of the iPad pilots arrives
    Trials of enhanced portable pilot unit are completed in Dublin Port by Safeport/EGNOS
  • EEDI is based on 'lousy' maths and should be scrapped
    Findings come ahead of IMO talks on applying index to ro-ro and passenger vessels
  • Call for co-ordination as marine LNG fuel projects increase
    Too many projects addressing obstacles of LNG as bunker fuel could lead to confusion
  • Denmark's ballast water convention ratification reports 'wrong'
    Bill has been passed but some small legal issues still need to be resolved
  • First seismic vessel transits northern sea route
    Route saved eight days on Panama transit and 13 on Suez
  • Safmarine to be merged into Maersk Line
    Up to 240 jobs to go with closure of Antwerp office
  • Eurotunnel buys back $132m of bonds at 11% discount
    Move will reduce total debt of $4.8bn
  • Politicians unmoved by piracy plague despite 'nightmare' risks
    Maritime leaders lament continuing paucity of resources deployed to fight off hijackers
  • Seafarer morale sinking, claims ITF
    More attention must be given to meeting needs of profession beset by host of negatives
  • Weak market hits logistics giants
    Full-year earnings estimates cut at Panalpina and Kuehne+Nagel
  • Supramax values drop to handysize level
    Smaller tonnage is selling for the same price as larger bulkers in secondhand market
  • Cypriot leader targets growth for flag despite Turkish ports ban
    Third-largest European registry complains it has been held back by 'hostile' Turkey
  • SAMI hits back at conflict of interest claim
    Trade body says it is 'completely removed' from vetting process of armed guards
  • Theochari sees industry vulnerable as banks weaken and new money holds back
    We've never seen anything as atomic as this, Norton Rose transport head warns
  • Small victories
    The UK government's latest U-turn on tonnage tax is an entirely logical and welcome concession based on sound argument and reasoned debate
  • Bureau Veritas urges stronger links between class and insurance
    Insurers could benefit greatly from reservoir of knowledge, says BV chief Bernard Anne
  • Eagle Bulk lays groundwork for reverse stock split
    Pact with lenders includes possible sale of ships as executive incentive package also proposed
  • Falling scrap prices hit cash buyers in India
    Re-sale prices drop
  • Rongsheng nabs shuttle tanker order and tows the party line
    Two vessels for Shanghai Northsea Shipping will support CNOOC offshore projects

Fairplayweb site
OCTOBER 3, 2011
  • Panama Canal sets record
    THE ACP is doubling the Panama Canal's capacity by 2014 with a huge expansion - but it won't need to wait until then for a new throughput record
  • NASDAQ warns TBS on listing
    NASDAQ has sent a warning on a potential delisting to shipowner TBS International, the company confirmed today
  • ESA: Italian flag could be targeted
    A SHIP management leader warned today Italy's flag could be a target if Rome makes further austerity steps to cut its vulnerability to international markets
  • Top sell-off continues
    DEBT-LADEN Top Ships has sold yet another bulker for a huge book loss as it seeks to raise cash to cover its loan obligations
  • Wadan suspect dies after Moscow attack
    A SHIPPING figure charged with embezzlement in the Russian takeover of Wadan Yards has reportedly died in hospital after being shot. Wadan suspect dies after Moscow attack
  • 'K' Line sees far worse losses
    'K' LINE said today it expects losses to be 15 times worse than earlier predicted for the financial year ending 31 March 2012
  • Golar LNG shares hailed
    FIRST Securities, the Oslo investment bank, has opened its coverage of Golar LNG with a 'buy' recommendation
  • FESCO lifts liner revenues
    FESCO said its net income was $38M in the six months to 30 June, from $31M in losses a year ago
  • Stainless-steel S&Ps firm
    TANKER broker EA Gibson said today secondhand prices for stainless-steel chemical tankers are firming on short supply
  • Appeal court frees Ashika boss
    A FORMER New Zealand shipping leader jailed over Tonga's Princess Ashika ferry disaster has returned home after succeeding in getting his sentence reduced
  • Early NOL switch sparks box reactions
    MARKET watchers were reacting today to Ng Yat Chung's weekend succession of Ron Widdows as CEO of NOL
  • Spill owners to plead guilty
    THE OWNERS of the general cargo ship Pacific Adventurer has agreed to plead guilty to discharging oil in Queensland's coastal waters, the state's government said
  • UK tonnage tax hailed
    THE UK Chamber of Shipping has welcomed the British government's decision to keep its tonnage tax regime
  • Chinese prices seen boosting coal imports
    BULKER exports to China are expected to resume in earnest after this week's Golden Week holidays, following last week's surge in domestic steam coal prices
  • Shell refinery fire sparks force majeure
    SHELL Singapore chairman Lee Tzu Yang said force majeure is continuing today for some customers, after a serious fire at its Pulau Bukom refinery last week

The Journal of Commerceweb site
OCTOBER 3, 2011
  • Obama Sends Trade Pacts to Congress for Approval
    President Obama sent Congress long-pending free trade agreements with South Korea, Columbia and Panama on Monday afternoon. The...
  • Panama Canal Sets 2011 Tonnage Record
    Cargo shipped through the Panama Canal increased by 7.1 percent in the fiscal year 2011 ended Sept. 30, to set...
  • South Carolina Blocks Savannah Dredging Permit
    South Carolina environmental regulators on Friday blocked a permit sought by the Army Corps of Engineers to deepen the Savannah...
  • Manufacturing Index Climbed in September
    The Institute of Supply Management's closely watched manufacturing index defied downbeat expectations on Monday by growing one percentage point in...
  • Shippers Step Up Campaign for Heavier Trucks
    A coalition of about 200 shippers backing the use of heavier trucks launched a video campaign to build support for...
  • Kerry Logistics To Open Singapore Hub Late 2012
    The opening of Kerry Logistics' regional hub in Singapore in the fourth quarter of 2012 will position the company for growing...
  • Southeast Chinese Port Traffic Up 8.3 Percent
    Throughput at ports in the southeast Chinese province of Fujian from January to August rose 8.3 percent year-over-year to 6.1...
  • Safmarine Merger Into Maersk Cuts 240 Jobs
    Container line Safmarine said Monday it will merge its operations into larger sister carrier Maersk Line, a move that cut...
  • Cargolux Settles Boeing Freighter Dispute
    Cargolux is expected to take delivery this month of its first 747-8 freighter after settling a contract dispute with Boeing...
  • South Korea Projects Export Slowdown
    Weak demand for exports from Europe and the U.S. will slow South Korea's trade growth in the fourth quarter as...
  • Laboring Globally, Acting Locally
    When the International Longshore and Warehouse Union violently protested the hiring of non-ILWU workers at a Pacific Northwest grain elevator,...
  • Congested Indian Port Appeals For Aid
    India's Port of Chennai appealed to container terminal operators, shipping lines and shippers to help ease congestion at the congested...
  • St. Lawrence Seaway Strike Averted
    A tentative agreement between nearly 500 Canadian Auto Workers and Canada's St. Lawrence Seaway Management was reached early Monday morning,...
  • Global Air Cargo Slowdown Accelerates
    The downturn in the global air cargo market accelerated sharply in August with traffic shrinking 3.8 percent from a year...
  • Galborg, MACS Share Durban Berth
    Galborg Line, which operates a regularly scheduled multipurpose liner service from the U.S. Gulf to southern Africa, shares a dedicated...
  • River of Dreams
    The Yangtze River is the world's third-longest river after the Amazon and Nile, stretching 3,914 miles from the Tibetan Plateau...
  • A Hazardous Disconnect
    Ten years after the September 11 terror attacks, the United States has a spectacularly inexcusable problem regulating motor carriers that...
  • Schneider Dedicated to Sharing
    Shippers looking to lock down capacity are turning not just to carriers, but to each other, and logistics providers are...
  • FedEx Freight Priced for Profit
    The FedEx trucking division, and the largest U.S. less-than-truckload carrier, reported a $42 million operating profit in the fiscal quarter...
  • FedEx Ground Delivers Profits
    Express air shipments may provide heavy lift for FedEx when it comes to revenue, but ground freight is delivering the...
  • What's Propping Up Rail Lumber?
    At a time when the U.S. housing market is in its worst condition since home ownership began to boom after...
  • Beef on Export Menu
    The record drought in the Southwest this year caused $5.2 billion in agricultural losses in Texas, the Texas AgriLife Extension...
  • US Box Loss Is Canada's Gain
    A U.S.-Canada cross-border dispute simmering since last spring may be on the verge of boiling over. Six West...
  • Gulf Ports Building for Future
    With container and general cargo volume steady and rising across the Gulf of Mexico, ports are spending much of their...
  • Lone Star Rebound
    The Texas industrial real estate market is booming as shifting global trade patterns and demographic trends make Dallas, Fort Worth...
  • Crossing the Border
    When industrial equipment giant Caterpillar announced plans in June to expand into an 850,000-square-foot manufacturing facility in Victoria, Texas, the...
  • Hardly a Winged Victory
    The arrival late last month of a China Cargo Airlines freighter at Lambert-St. Louis International Airport was supposed to launch...
  • Cargo Security 2.0
    A large container ship is slowly transiting the Kill van Kull channel on its way to a berth at Port...
  • ILA, ILWU Not Going Away
    With the International Longshoremen's Association contract expiration a year away, some shippers already are starting to explore contingency plans. Possible...

Containerisation Internationalweb site
OCTOBER 3, 2011
  • Certain Safmarine functions to be integrated into Maersk
  • K Line downgrades its fiscal prospects
  • Carriers' losses in Asia-Europe greater than expected

TradeWindsweb site
OCTOBER 3, 2011
  • Liberty opts for AMO
    Philip Shapiro-led bulker and PCTC operator clips ties with Marine Engineers Beneficial Association as labour dispute escalates.
  • ULTR mum on Vale link
    Brazilian mining giant rumoured to be patron behind Nasdaq-listed owner's freshly minted sale and transport contracts.
  • TBS on notice
    Stock split may be on the horizon for US-listed owner as it races to cure Nasdaq deficiency.
  • LD locks up Diana panamax
    Commodities giant pens two-year time charter pact with Simeon Palios-led bulker owner.
  • Platou pins turnaround
    Erik Andersen fingers 2013 as the year the VLCC market will brighten.
  • Fincantieri occupied
    Workers at Sestri Ponente in Genoa start protest over possible jobs losses.
  • Oceanteam becomes one
    Norwegian offshore operator and two subsidiaries to form one unit.
  • Pirates back in business
    UCAA, Good Faith and Rickmers vessels attacked as pirates spread their efforts far and wide following end to monsoon.
  • Neste goes arctic
    Two Finnish tankers have successfully made it through the North-east Passage from Russia to Asia.
  • Courage in scrapping move
    Asian shipowner nets $5m by putting another old lag out to grass.
  • Crew beaten in raid
    Robbers spend 40 minutes on board Danish multipurpose Thor Light off Guinea.
  • Tanjung orders PSV pair
    Kuala Lumpur-listed offshore owner orders two platform supply vessels for $62m.

American Shipperweb site
OCTOBER 3, 2011
  • Joining forces
  • October Cover story
  • Maersk integrates Safmarine management
    Maersk Line will integrate the internal support and management functions of its subsidiary line Safmarine, including closing Safmarine's Antwerp headquarters and other offices Shanghai, Dubai, Cape Town, and Mumbai. "Safmarine currently operates a...
  • Liberty Maritime switches unions
    Liberty Maritime Corp. of Lake Success, N.Y. on Monday said it has entered into a new collective bargaining agreement with the American Maritime Officers (AMO) union. Under the agreement, AMO will provide U.S. citizen licensed deck officers and en...
  • U.S. flag interests push cargo preference enforcement
    In advance of a hearing Monday by the Maritime Administration, USA Maritime, a trade association for the U.S.-flag shipping industry, issued a statement calling for strong support of cargo preference laws reserving government subsidized and guarant...
  • Maersk adds East Africa calls on Asia loop
    Maersk Line is adding two calls to a service connecting its Southeast Asia hub of Tanjung Pelepas with southeastern Africa. The line's Safari 2 service, which it jointly runs with subsidiary line Safmarine, will add a call at Beira and a second cal...
  • MSC raises U.S. export rates to Asia
    The liner carrier Mediterranean Shipping Co. said Friday it will raise U.S. export rates to the Far East beginning Nov. 1. The increases are $100 per 20-foot and $200 per 40-foot dry container, port-to-port, and $150 per 20-foot and $250 per 40-foo...
  • India worries over SCI's finances
    India's shipping ministry is concerned the country's state-owned shipping line is treading on dangerous financial territory, according to an internal ministry document obtained by theEconomic Timesof India. According to the document, the Shipping ...
  • MOL Logistics pays $1.84 million for fee fixing
    Japanese freight forwarder MOL Logistics (Japan) Co. Ltd. on Friday agreed to plead guilty and pay a $1.84 million criminal fine for its role in a conspiracy to fix certain fees in connection with the provision of forwarding services for air cargo...
  • U.S. agencies join import safety targeting center
    The Environmental Protection Agency and the Pipeline and Hazardous Materials Safety Administration have joined the Commercial Targeting and Analysis Center operated by U.S. Customs to coordinate inter-agency inspection decisions related to import s...

The Bunker Bulletinweb site
OCTOBER 3, 2011
  • Market jittery as crude pushes bunker prices lower
    Both buyers and suppliers playing a waiting game on Monday after crude futures fall to one-year low.
  • Bunker levy could help developing countries, says ICS
    Developed nations must 'not end up keeping the lions' share' of funds raised from shipping.
  • Durban resumes supply as Cape Town halts spot market quotes
    Fujairah starts week with nearly $20 pmt price drop for IFOs.
  • Two US refineries change ownership
    Murphy Oil 'repositioning' itself.
  • Engine builder wins orders for 'Environship' concept
    Vessels will be 18% more fuel efficient and will cut emissions of SOx, NOx and CO2, says Rolls-Royce.
  • Surge in Russian fuel oil exports
    Players move to beat tax increases.
  • Week opens with falling bunker prices
    Demand mostly above average at key Asian bunker hubs.
  • Indian shipping ministry to 'regulate movements' of old vessels
    India to tighten monitoring of ships more than 25 years old.
  • Bunker spill in US port
    Fuel tank 'overfilled' during bunker operations.
  • BP buys 380 cSt parcel at strong premiums
    Premium among highest levels in the market.
  • Russian port operator sees 141% increase in net profits
    Novorossiysk Commercial Sea Port Group sees increase in revenue from its bunker services.
  • Shell confirms 'force majeure' on products from Singapore plant
    Singapore Civil Defence Force formally hands back Pulau Bukom plant to Shell.
  • Hong Kong bunkering suspended on adverse weather
    Bunker supplies to be 'squeezed' as typhoon delays bunker cargo unloading schedules.

›››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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