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Independent journal on economy and transport policy
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BRIEFS
August 5, 2011
The Business Timesweb site
Shipping News
  • Maersk, others seek Asia-US peak-season surcharge
    AP Moeller-Maersk A/S, owner of the world's biggest container shipping line, and 14 other carriers will seek a peak-season surcharge two months later than previously scheduled amid weaker-than-expected demand.
  • Thousands of Afghan-bound boxes stuck at Karachi port
    Nearly 2,500 shipping containers bound for war-ravaged Afghanistan are stuck at Pakistan's Karachi port, officials said on Wednesday, in a wrangle over financial guarantees for the goods as part of a transit trade deal brokered by the United States.
  • SINSPEC and CCSC sign cooperation deal
    SINSPEC Marine Services Pte Ltd (SINSPEC) - a container technical services company based in Singapore - has announced the formation of a joint cooperation with the China Classification Society Certification Company (CCSC).

Sched Netweb site
  • TSA warns of unspecified peak season surcharge to be applied August 15
  • Transpacific rates hit lowest point in 19 months at US$1,525/FEU
  • Hutchison to run Sydney's Enfield inland depot, bringing more rail use
  • Global terminal operator rankings stand, but Chinese challengers loom
  • Ship sinks after holds flooded in collision at Siam Seaport Harbour
  • International Register of Shipping wins nod to operate in China
  • Chongqing to invest US$24.85 billion into rail-related projects
  • South Africa puts forces on red alert as Somali pirates menace trade lanes
  • Deutsche Post-DHL triples quarterly net profit from flat revenue base
  • TNT Express second quarter net profit plunges 85pc to US$5.7 million
  • European Shippers' Council say green taxes will fail to reduce emissions
  • NAFTA surface trade value up 15.7pc, hit pre-recession levels in May
  • Amazon distributes from Tennessee to escape sales taxes in other states
  • Royal Mail sell-off faces European Commission competition scrutiny
  • US haulage company Old Dominion surpasses second quarter estimates
  • Hactl air freight throughput declines 7.7pc to 237,739 tonnes in July
  • Protectionism, strong yuan weaken demand for Chinese air cargo services
  • Air freight urged to slim down or lose trade to other forms of transport
  • Houston Airport System cargo increases 7pc in first half of 2011

Exim Indiaweb site
  • A night of glitter & glory in Chennai
  • LNG tanker rents hit 8-yr high on Qatar export surge
  • Yet another vessel found adrift near Mumbai
  • MPSEZ net up 20 pc in Q1
  • MPT Chairman urges ore exporters to remain within the bounds of law
  • Govt planning pumping in Rs 2.64 lakh cr. into highways
  • PMEAC lowers GDP forecast to 8.2 pc
  • Talks with 16 countries for tax info finalised
  • With domestic demand flagging, steelmakers eye global markets
  • DIESL receives appreciation from Titan
  • EEPC India event discusses foreign trade policy, procedures
  • Financial institution needed to fund infra sector: Ficci

International Transport Journalweb site
AUGUST 4, 2011
  • Lehnkering invests in sustainability
    The European logistics provider Lehnkering, which specialisis in the petrochemical and steel industries, is boosting its green credentials. The company is currently upgrading its f...
  • JAL Group Subsidiary allots new shares to Mitsubishi Logistics Corporation
    Japan Airlines Co., Ltd. (JAL), JAL Group subsidiary Jupiter Global Limited (JPT) and Mitsubishi Logistics Corporation (Mitsubishi Logistics) today concluded an agreement to cooper...
  • LANCO offers Latin America's most modern warehouse
    LANCO, the Columbian subsidiary of LAN CARGO, is now equipped with the most modern warehouse in the region. At a cost of USD 7 million, the 6,050-sqm facility on the premises of El...
  • Own trucks at Wolfurt/Austria location
    IMS Cargo now has its own truck fleet and container chassis in Vorarlberg at the Wolfurt location. The Austrian company can therefore offer local and international container trucki...
  • Russian Railways invest in rail reconstruction to boost Russia-EU trade
    In the first half of 2011, Russian Railways invested more than RUB 4.3 billion (about EUR 108.6 million) in the project for the comprehensive reconstruction of the section between ...
  • Deutsche Post DHL posts higher posts in Q2 2011
    Deutsche Post DHL, the post and logistics group, continued its positive performance of the first three months in Q2 2011 and successfully maintained its growth trajectory. Group sa...
  • TNT Innight establishes new branch near Hamburg
    TNT Innight, which specialises in night-time express transport in Germany, recently completed a new branch with warehouse space of 4,500 m2 and office space of 1,000 m2 in Glinde n...
  • Singapore airport enhancing perimeter security
    Singapore's Changi Airport Group (CAG) and ST Electronics (Satcom & Sensor Systems) Pte Ltd, ST Electronics' wholly owned subsidiary, yesterday announced a collaboration to imp...
  • DSV Solutions to operate global warehouse for Danone division
    DSV Solutions in the Netherlands has won a five-year contract to operate a global distribution hub for Nutricia Advanced Medical Nutrition (NAMN), a division of Danone. The new 30,...
  • IPP Logipal appoints new European Operations Director
    IPP Logipal, Europe's leading pallet pooling specialist, has appointed Pascale Dagnaud to the new position of European Operations Director as part of the company's continued strate...
  • GAC USA and Wightman Shipping join forces
    GAC USA has formed an alliance with Wightman Shipping Co in US. Operating as GAC-Wightman Shipping, the collaboration offers shipping services across North-Eastern and Mid-Atlantic...
  • CMA CGM Group launches new direct Asia to West Africa service
    CMA CGM Group recently announced the launch of a new direct service linking Asia to West Africa, which started operating on 3 August 2011. Named WAX II, this new service will be pr...
  • Evergreen Line to join MOL service between Asia and Southeast Africa
    Evergreen Line will join Mitsui O.S.K. Lines (MOL) in a slot-charter agreement linking Asia to Southeast Africa. The weekly service, called MZX (Mozambique Zuid Africa Express Serv...

Marine Logweb site
AUGUST 4, 2011
  • Harvey Gulf poised to order first U.S.-flag LNG-fueled OSV's
  • Donjon Marine wins Navy contract worth a potential $251 million
  • BIW gets contract mod for second and third Zumwalt class destroyers
  • Rolls-Royce to design and equp Farstad AHTS newbuilds
  • ThyssenKrupp: No German-French naval shipbuilding merger in works
  • Tidewater reports lower first quarter earnings
  • Keppel Shipyard secures more FPSO contracts
  • Marco Polo Batam shipyard gets $3.8 million newbuilding order

World Wide Shipperweb site
AUGUST 4, 2011
  • Greenbrier nets orders for 3,700 new railcars
  • TSA member carriers adding peak season surcharges
  • Parsons Brinkerhoff taps Tanberg as new vice president in Tampa
  • Port Metro Vancouver releases mid-year numbers
  • Boeing holds final tests of new 747-8 freighter

Lloyd's Listweb site
AUGUST 4, 2011
  • Owners hope for repeat of June chartering spike
    Product tankers owners will be looking to build on improving rates for long range one vessels
  • OSG eyes casualties of tanker downturn
    If today's market fundamentals continue for six to 12 months, many distressed sale opportunities should arise
  • Rio Tinto charters lifts Pacific capesize earnings
    Increased chartering activity in the Pacific capesize market boosted earnings for larger bulk carriers
  • Arntzen decides not to subsidise oil major costs
    OSG has declined to make offers on Middle East VLCC cargoes at loss-making rates
  • Scan-Trans seals Canada Feeder Lines alliance with issue of new shares
    We wanted a heavy commitment and CFL was willing to buy into that, says chief executive
  • Diana favours individual ship acquisitions to corporate takeovers
    Chief executive Simeon Palios warns that market bottom has not yet been reached
  • News in Brief
    Clarksons, the world's largest shipbroking and services company, has appointed Ronny Kilian as the new managing director of its Australian subsidiary within the group's Melbourne office
  • Bumi Armada's $890m fundraising shows strength of offshore sectors
    Vessel operator's appeal to investors stems from having an important role in a favoured region
  • Vietnamese waters a magnet for foreign operators
    Bumi Armada and EOC have ordered FPSOs from Keppel for the region
  • Seaspan and Carlyle in first joint order
    Hanjin Shipping to charter seven 10,000 teu newbuildings from partners
  • Petronas to use mobile unit expertise closer to home
    Small production units reduce lead times for moving from development to production of hydrocarbons
  • Japan LNG imports surge 10%
    Japan's spot purchases of LNG hit 33-month high in June
  • Stena Bulk blasts speculative ordering in LNG sector
    Order for up to four liquefied natural gas carriers will go ahead only if charter contracts are secured first, says chief executive Ryder
  • Shipowners keen to jump on board LNG bandwagon
    But is shipping seeing just another example of the herd instinct that creates swollen orderbooks and dismal rates?
  • Vessels reactivated from cold lay up as market rides high
    Few LNG carriers lie idle as day rates soar to more than double that of one year ago
  • Oiling the wheels of African transport
    A new Road Traffic Code about to enter into force in Mozambique is set to boost the country's intermodal system
  • Boom time for Indonesian coal exports
    Chinese and Indian demand is fuelling strong growth in panamax sailings
  • Yemen unrest sets alarm bells ringing
    If Aden fell under control of the wrong hands, there is a serious danger that international shipping could find itself caught in a pincer between Somali pirates and al-Qaeda
  • DryShips pledges $50m Ocean Rig shares dividend
    Long-awaited US listing for drilling subsidiary now set for autumn
  • India's Mundra Port posts 20% rise in net profit in first quarter
    Container volumes grew 23%, while total growth across the country up only 6%
  • Panalpina posts 5.2% increase in gross profit in first half
    But logistics giant predicts absence of peak season and lowers seafreight expectations
  • The kill Bill
    Tightening the noose on Iranian shipping may give business to Chinese insurers
  • New kids in the harbour
    The rise of a new generation of would-be global players in the ports industry is to be welcomed
  • Ro-ro deliveries may drag Pacific Basin down further
    Ro-ro division is $5.3m in the red as two 3,663 lane metre capacity vessels are set to join fleet
  • Hutchison Port Holdings Trust likely to miss 2011 volume targets
    Throughput lags in first half of the year but brokers are unconcerned
  • Keppel wins FPSO conversion from SBM Offshore
    Work on 1989-built, 265,316 dwt very large crude carrier Concorde Spirit to include topside modules from Dyna-mac, in which Keppel holds a 28% stake
  • Mitsubishi Heavy Industries orders show modest growth in first quarter
    Figures do not include latest cruiseships order
  • Transpacific lines poised to impose peak season levy
    Surcharges from middle of this month as TSA members say retailers are re-stocking and businesses resuming global sourcing of materials and components
  • Mitsubishi Heavy Industries thought to be in merger talks with Hitachi
    Companies deny media reports, but executives from both sides are understood have set up merger preparation committee

Fairplayweb site
AUGUST 4, 2011
  • Ice loss opens Arctic
    SEA ICE retreat in Siberia and Eurasia over the past few weeks has opened up much of the Northern Sea Route, according to a US government agency
  • Pouring cold water on surcharge
    BOX LINES in the trans-Pacific trade are seeking a peak season surcharge of $400 per feu, but a derivatives broker in the sector told Fairplay today he expects the move to fail
  • China plans free port
    BEIJING has approved the construction of a free port near Hong Kong and Macau in Guangdong province, IHS Global Insight reported today
  • Arctic treaty seen as ineffective, late
    THE GREEN group Robin des Bois told Fairplay today that an Arctic treaty falls short of protecting the region
  • BBC braves Pacific slump
    GERMAN breakbulk and project carrier BBC Chartering said today it has introduced a new trans-Pacific liner service despite challenging markets
  • Mundra's profits grow 20%
    MUNDRA'S port complex today reported net profits growth of 20% during its April-June quarter
  • Israeli planners approve floating LNG terminal
    ISRAEL'S National Planning Council has approved a scheme for a floating LNG terminal off Hadera, IHS World Markets Energy reported today
  • Keppel wins FPSO contracts
    SINGAPORE'S Keppel Shipyard, a subsidiary of the world's biggest rig builder, has secured two FPSO contracts worth S$146M ($120.5M)
  • Yangzijiang unveils incentives
    CHINESE shipbuilder Yangzijiang has said it has received 139.5M yuan ($21.67M) this year in tax subsidies and incentives from Jinjiang's and Jiangyin's city governments
  • UK 'breaching' pollution law
    MARITIME union Nautilus has accused the UK government of breaching a key pollution agreement by withdrawing its ETVs, Fairplay was told today
  • IMB, flag states join on welfare
    THE IMB is hoping a new database on the experiences of seafarers who have been held by pirates will improve their welfare after they're released
  • Russia targets safety offenders
    RUSSIAN prosecutors are taking action against hundreds of people after a review of vessel security and navigation safety on the country's waterways
  • London ferry crewman killed
    A YOUNG crew member on London's Woolwich ferry has died after falling off the vessel
  • VLCCs sink to new low
    VLCC RATES on the benchmark Persian Gulf/Japan route dived to a new-low average of Worldscale 47.5 this week, down from W48.5 last week
  • Emily diverts cruises
    HIGH WINDS and rain caused by Tropical Storm Emily have forced Royal Caribbean to cancel port stops and divert a cruise vessel

The Journal of Commerceweb site
AUGUST 4, 2011
  • Con-way Doubles Profit on Strong Pricing Gains
    Con-way increased its net profit 111 percent to $29.4 million in the second quarter, as the company's revenue increased 3.2...
  • Prince Rupert Container Traffic Soars 33.1 Percent
    Canada's Port of Prince Rupert reported loaded container volume soared 33.1 percent in July on Thursday, an unusually strong expansion...
  • Reid Announces End to FAA Impasse
    U.S. Senate Majority Leader Harry Reid announced a compromise agreement Thursday to end the partial shutdown of the Federal Aviation...
  • Analysts, Forwarders Doubt Peak Surcharge Enforcement
    Lines will be hard-pressed to enforce peak season surcharges from Aug. 15 on Asia-U.S. lanes, said analysts and forwarders based...
  • Weekly Intermodal Traffic Jumps to New 2011 High
    North American rail shipments of intermodal containers and trailers threw off a slowdown in the final week of July, rising...
  • JOC Survey Finds Truckload Capacity Stable
    Capacity at a group of six large U.S. truckload carriers rose slightly from the first quarter to the second quarter...
  • Short Line Rail Freight Rises in Final July Week
    Freight traffic for most North American short lines increased 3.1 percent in the week ending July 30 from a week...
  • Port Tracker Sees Slowing North Europe Container Trade
    Total container volumes handled by the six major ports in Northern Europe continue to decline from their March high, largely...
  • Maersk to Hike India-Europe Cargo Rates
    Maersk Line will seek a general rate increase on cargo shipped from the Indian subcontinent and the Middle East to Europe,...
  • Panalpina Returns to Profit, Lowers Forecast
    Panalpina returned to profit in the second quarter from a year earlier loss by ending high-volume low-margin contracts across its...
  • Hutchison Ports' Operating Profit Drops 20 Percent
    Hutchison Port Holdings' operating profit declined 20 percent in the first six months of 2011 ended June 30 to $462.5...
  • Nehru Port Refutes Poor Planning Charges
    India's Port of Jawaharlal Nehru (Nhava Sheva) refuted media reports that crane replacement at the port-run terminal was done proper...
  • Refrigerated Trucker FFE Industries Narrows Loss
    Refrigerated trucking operator Frozen Food Express Industries cut its net loss by 25 percent from a year ago to $3.3...
  • FreightCar Cites "Mixed Signals" in Rail Market
    FreightCar America, an equipment builder that specializes in coal-hauling railcars, reported improved earnings for the second quarter but pointed to...
  • Bulk Cargo Vessel Sinks Off Mumbai Coast
    A Panama-flag bulk cargo vessel sank in early morning Thursday about 25 nautical miles off the Mumbai coast, Indian maritime...
  • Roadrunner Transportation Posts $7.4 Million Profit
    Roadrunner Transportation Systems reported a $7.4 million net profit in the second quarter, as the trucker's total revenue leaped 30.4...
  • Greenbrier Books Railcar Orders for $285 Million
    Railcar builder Greenbrier said it has booked orders in June and July to build another 3,700 railcars valued around $285...
  • Cargo High Drives Fraport Profit up 22 Percent
    Fraport AG, the operator of Frankfurt airport, reported 22 percent profit growth in the second quarter from a year ago,...
  • TSA Carriers Announce New Peak Surcharges Date
    After a two-month delay, the 15 container lines that belong to the Transpacific Stabilization Agreement announced peak season surcharges as...
  • Nippon Express Reports $69.7 Million Profit
    Nippon Express, Japan's largest international freight forwarder, posted a net profit of $69.7 million on a consolidated basis in its...
  • Seaspan Cuts Loss to $34.9 Million
    Seaspan cut its loss to $34.9 million in the second quarter from the $121.8 million loss the independent ship-owner and...
  • Air Freight Rate Index Slips 2.6 Percent
    Spot market air freight rates out of Asia slipped back to the lowest level in three months in June, falling...
  • DOT Finalizes $336 Million for State Trains
    Transportation Secretary Ray LaHood said California, Illinois, Iowa, Michigan and Missouri will receive $336.2 million under to buy trains for...

Containerisation Internationalweb site
AUGUST 4, 2011
  • CINSO gets to work on the 'dark side' of containerisation
  • TSA's delayed PSS to go ahead on back of 'stronger demand'
  • IRISL fights EU sanctions
  • Panalpina's profit push working to some extent
  • Hutchison's new trust fails to hit volume targets

TradeWindsweb site
AUGUST 4, 2011
  • Floatel eyes overhaul
    Oslo-listed offshore accommodation specialist hires new CFO and financial advisors as it grapples with $260m order.
  • Rebels seize tanker
    General National Maritime Transport lashes out against 'armed pirates' as NATO escorts Libyan products tanker to port.
  • Eagle's $1bn question
    Shares of Eagle Bulk Shipping plummet 14% following update on covenant battle with banks and broader market sell-off.
  • DryShips sets spin clock
    George Economou says dividends and buybacks may follow $50m payday as drilling wing closes in on autumn listing.
  • Bigger is better for Algoma
    Canadian owner books stronger second quarter as Seaways Marine Transport purchase pays off.
  • Marco Polo bags four
    Singapore-listed Marco Polo wins a newbuilding order worth nearly $4m.
  • TDW in line despite slip
    US offshore giant looking to torch 11 vessels following dip in asset values and first-quarter profit.
  • Seaspan chases growth
    Gerry Wang seeks to capitalise on compelling ship acquisition environment as loss falls.
  • Diana just short
    New York-listed bulker owner sees Q2 profit drop further than forecast.
  • Sale to set new mark
    Eyes fixed on Lion City as double VLCC deal promises to establish new price level in the sector.
  • Moratorium hits Hornbeck
    Hornbeck Offshore was pulled into the red again in the second quarter of this year.
  • Kilian back at Clarksons
    Ronny Kilian takes over from David Oakley as broker's Australian MD as it starts to rebuild Down Under.
  • Keppel bags FPSO work
    Singapore-listed shipbuilder scoops another conversion job from SBM Offshore.
  • Top issue on hold
    Evangelos Pistiolis-led shipowner blames low appetite across the board for its decision to delay $100m fundraiser.
  • Crew saved as bulker sinks
    Indian Coast Guard mounts rescue mission after elderly vessel hit by hull cracking.
  • Mitsubishi net falls
    Japanese shipbuilder sees its first quarter bottom line dip as it cools talk of Hitachi merger.
  • Yard alliance ruled out
    Continuing reports of a developing Franco-German shipbuilding partnership spark denial.
  • Trans-Asia shut down
    Filipino ferry and cargoship operator closed for business while inspections are carried out following sinking.

American Shipperweb site
AUGUST 4, 2011
  • TSA peak season plans return
    Liner carrier members of the Transpacific Stabilization Agreement said Wednesday they plan to assess peak season surcharges on the eastbound transpacific trade from Aug. 15 through Nov. 30. The surcharge was originally planned from mid-June, but w...
  • Seaspan orders three ships for Hanjin
    Containership charterer Seaspan Corp. had a second quarter net loss of $34.9 million compared to a loss of $121.8 million in the same 2010 period. Revenue was $133.7 million in the second quarter compared to $97.5 million in the same 2010 period. S...
  • MOL, Hoegh Autoliners form joint venture
    Mitsui O.S.K. Lines Ltd. (Tokyo) and Höegh Autoliners AS (Oslo) have set up a 50-50 joint venture in Europe, integrating their existing European short sea and logistics activities and that of Euro Marine Carrier BV. The new company, named Euro Mari...
  • China/Mideast service adds Dammam call
    A China Shipping-CMA CGM operated Far East/Middle East loop has undergone recent rotation changes, American Shipper affiliate ComPair Data has confirmed. The service, dubbed AMA by China Shipping and CIMEX by CMA CGM, has added a call at Dammam, Sa...
  • Jumbo names Tecnoil Brazilian agent
    Dutch heavy lift shipping and offshore installation company Jumbo has picked Tecnoil Comercio e Representacoes Ltda. as its agent in Brazil. Tecnoil has been active in the energy market since 1973. Together with Tecnoil, Jumbo aims to further stren...
  • CN expanding yard in Gary, Ind.
    Canadian National Railway Co. announced plans Wednesday to spend $165 million to expand its Kirk Yard in Gary, Ind., and relocate its Chicago area locomotive repair shop to an upgraded freight car classification facility in Northwest Indiana. CN s...
  • Greenbrier gets orders for 3,700 railcars
    The Greenbrier Cos. said Thursday it has received orders for 3,700 new railcar platforms valued at about $285 million. The orders are primarily for double-stack intermodal platforms, boxcars, covered hopper cars and tank cars for the North American...
  • Barge companies change leaders
    Two of the nation's largest barge companies are changing leadership. Mark Knoy, 52, is leaving AEP River Operations to become president and chief executive officer of American Commercial Lines, based in Jeffersonville, Ind. David Huls has been nam...
  • Upcoming COAC meeting to be webcast
    When the U.S. Department of Homeland Security's Commercial Operations Advisory Committee convenes in Long Beach, Calif., on Aug. 18 it will mark the first time the group's quarterly meeting has been webcast. Officials at Customs and Border Protect...
  • MIQ Logistics acquires U.K. logistics firm
    MIQ Logistics said Wednesday it has acquired The Logistics Corp. Ltd. (TLC), a U.K.-based provider of logistics to the retail industry. Overland Park, Kan.,-based MIQ said the purchase will complement its existing services in Europe by offering cus...

The Bunker Bulletinweb site
AUGUST 4, 2011
  • Fuel oil stocks remain below 20 million barrels
    Singapore bunker demand could 'pick up' on the back of weaker prices.
  • Fujairah prices soft
    Deliveries available for supply up to and including August 18 in Cape Town.
  • Markets continue downward slide
    "If you are a buyer, life is great," a player told Bunkerworld.
  • Cargoes to head for 'tight' Middle East market
    Trader reports supply tightness, 'particularly of on-specification bunkers grade 380 cSt material.'
  • External: Praxis Energy Agents S.A.
  • Rotterdam Q2 bunker sales show continued increase
    Overall sales up compared to last year and Q1, led by higher fuel oil sales.
  • West Coast emissions reduction programmes under attack
    'Business-strangling regulations' are threatening the future of shipping in Los Angeles.
  • Market has 'lost confidence' in Marco Polo Seatrade
    'Bankruptcy proceedings are a sham,' says Credit Agricole.
  • IFO prices drop for third straight day in Asian ports
    Demand for bunker fuel average on Thursday, according to traders.
  • Bominflot starts supplying bunkers in Valencia
    Deploys bunker barge Besiktas Pera to support operations at the port.
  • More management changes at Bominflot
    Henny de Goede leaves role as managing director of Bominflot Group's London office.
  • Canada's first hybrid fuel cell ship receives funding
    Western Economic Diversification Canada contributes $1.19 million in funds to retrofit Tsekoa II.
  • Authorities stop Cebu-based company's shipping operations
    Operations of Trans-Asia Shipping Lines halted after sinking of Asia Malaysia.

›››File
FROM THE HOME PAGE
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.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
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
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%)
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%
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%
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%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
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%)
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.
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
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
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
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
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%.
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.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
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
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.
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
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.
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%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
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.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
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%).
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 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.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
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.
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
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
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
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.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
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
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.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
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
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.
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%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
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
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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%
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.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
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
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
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
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
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"
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
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
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
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
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
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
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.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
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.
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
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
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
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
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.
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.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
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
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.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
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%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
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%
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
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
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
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%)
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
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
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.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
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%)
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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