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Independent journal on economy and transport policy
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BRIEFS
May 6, 2011
The Business Timesweb site
Shipping News
  • Panamax rates seen rising on grain demand
    Rates for panamax dry bulk carriers on key Asian freight routes are expected to rise next week on strong Chinese demand for US grains, shipbrokers said yesterday.
  • Baltex gets regulatory nod, will begin electronic trading soon
    The Baltic Exchange has won UK regulatory approval to run a platform for centralised electronic trading of dry freight derivatives, which will go live shortly with support from some brokers, the exchange said.

Sched Netweb site
  • Drewry: Second week-to-week gain, HK-to-LA spot rate up 8.9pc
  • CMA CGM, Maersk, Hanjin to hike Asia-Europe rates US$200-$250 per TEU
  • CSAV posts Q1 loss of US$186.4 million after Q4 loss of $7.2 million
  • Inner Mongolia to be assigned coastal tract to develop as seaport
  • Matson blames fuel, China loop costs for US$7.4 million Q1 loss
  • UK shipper lobby calls container freight derivative debate
  • Maersk starts up Seago Line to focus on intra-Europe trades
  • UK unions, railways, environmentalists oppose allowing truckers bigger trucks
  • Korean Air first quarter net profit up 14pc to US$176.6 million
  • Qatar Airways to acquire 33pc of Luxembourg's Cargolux
  • Iraqi landing fees hobble air cargo - trucks to the rescue

Exim Indiaweb site
  • Alltime Shipping firmly on growth path
  • Curbs sought on used equipment imports to ensure quality
  • Despite Pak ending bias, India in no hurry to push for PTA
  • FinMin not in favour of DEPB scheme extension
  • Global shortage boosts demand for Indian shrimp
  • Govt must provide level playing field to manufacturers: Fieo
  • Govt nod for benchmark fertiliser import price hike
  • India, Pak to run 2 extra freight trains daily
  • MMTC invites bids for importing urea, complex fertilisers
  • Morocco calls upon India to supply rice, wheat
  • Onion exports dip sharply due to bumper output, higher MEP
  • GatewayRail commences weekly train service between ICD-Ludhiana & Pipavav
  • Air India strike has marginal impact on international cargo movement; domestic operations hit
  • Govt consents to export 30,000 t sugar
  • Chairman inaugurates international training course on energy audit at JNPT

International Transport Journalweb site
MAY 5, 2011
  • Vietnam approves plan for new Long Thanh airport
    The ministry of transport in Vietnam has approved a general plan for the Long Thanh International airport (LTIA) project in Dong Nai Province (cf. ITJ Daily of 18 November 2010). J...
  • Spanish partners unveil algae-based bio-fuel production project
    The Spanish government, the national airline Iberia, the airport and air traffic control agency Aena, and the technological company AlgaEnergy, unveiled a microalgae-based biofuel ...
  • Combronde takes over Bettoli in France
    Combronde, a company that focuses strongly on traffic to/from Italy, is taking over the French enterprise Bettoli and its fleet of 35 vehicles and 40 trailers. Bettoli, an ail...
  • Transfracht boosts capacities to/from German seaports
    After the reorganisation in Austria, TFG Transfracht has boosted capacities to/from the Vienna terminal with immediate effect. The booking possibilities for export shipments from t...
  • USA: seven railway and transport companies get Transcaer award
    The USA's Transportation Community Awareness and Emergency Response (Transcaer) has recognised seven rail transport and chemical companies that are helping communities...
  • Knorr-Bremse opens HVAC facility
    Knorr-Bremse in UK has renamed Sigma Coachair's UK business as Knorr-Bremse Rail Systems (Burton) Ltd and moved its UK rail heating, ventilation and air-conditioning activities (HV...
  • Alaska Railroad reports stronger-than-anticipated revenues for 2010
    The Alaska Railroad Corporation (ARRC) has reported stronger-than-anticipated revenues for 2010, with USD 13.4 million net income on total revenues of USD 167.1 million. One key to...
  • Daimler sees truck sales jump
    Daimler AG has reported that its first-quarter profit jumped due to higher truck sales. The operating profit of the German company's trucks unit more than tripled to EUR 415 millio...
  • Alaska West Express named Alaska's safest truck fleet
    The US road haulier Alaska West Express has received the Alaska Safe Truck Fleet of the Year Award for local cartage from the Alaska Trucking Association (ATA). Alaska West Express...
  • El Al goes e-freight live
    El Al Israel Airlines is the 34th airline to join the worldwide league of e-freight live airlines that offer paper free air cargo. The airline completed its first paperless cargo s...
  • Gulf Air appoints new chief commercial officer
    Gulf Air, the national carrier of the Kingdom of Bahrain, has appointed Karim Makhlouf as chief commercial officer. Makhlouf joined Gulf Air in October 2010 as director commercial ...
  • HHLA: high-tech protecting the climate
    Hamburg-Altenwerder has the most highly automated and the most electrified container terminal in the world. Both bring considerable benefits for the environment. The need for more ...
  • OWL's Warsaw office offers shippers access to largest airport in the region
    Ocean World Lines (OWL), a global, single source NVOCC (non-vessel operating common carrier) and a subsidiary of Pacer International, recently opened its third office in Poland. Th...
  • Port of Zeebrugge detects contaminated container from Japan
    A container that arrived at the port of Zeebrugge (Belgium) on 3 May triggered an alarm when it passed through the fixed radioactivity monitoring portals. These control facilities ...
  • DHL Express wants to sell its domestic Canadian business
    DHL is to pull out of its domestic express operations in Canada, with DHL Express concentrating on international express deliveries to and from Canada. The company has agreed to se...
  • Panalpina with solid start in 2011
    The Basel (Switzerland)-based service provider Panalpina reported strong double digit growth in profitability and volume increases in air and ocean freight in Q1/2011,...
  • BLG back on growth course again
    The Bremen-based German logistics service provider BLG is growing again after a weak fiscal 2009. When presenting BLG's results for 2010, the company's CEO, Detthold Aden, said tha...
  • Baden-Wuerttemberg new SPC member
    The German state of Baden-Wuerttemberg has joined the sponsor organization of the Short Sea Inland Waterway Promotion Center (SPC), based in Bonn. The news was recently announced b...

Marine Logweb site
MAY 5, 2011
  • Wärtsilä wins design and equipment contact for Rem LNG-fueled PSV
  • Incat Crowther designs two ferries for Russian shipyard

World Wide Shipperweb site
MAY 5, 2011
  • Delivery of Washington ferry set back by seven days
  • Oregon congressman honored with AAR environmental award
  • One day left to bid for ride on Crowley tug
  • Thomas E. Chamberlain named to Portland Port Commission
  • Mitsui constructs forklifts shielded from radiation

Lloyd's Listweb site
MAY 5, 2011
  • Jet fuel rates from Middle East to Europe skyrocket
    Shortage of available vessels for cargoes of jet fuel pushes rates well above levels seen just a couple of weeks ago
  • Dragnis charters out LR1 at 15% above benchmark
  • Tsakos books 10-year fixture for suezmax
    Tsakos Shipping has chartered out the 2011-built, 158,000 dwt suezmax Spyros K for 10 years at $23,000 per day, according to London-headquartered shipbroker Clarksons
  • Products sector set to soar, says Navios Acquisition
    Angeliki Frangou-led owner sustained by cash from VLCC fleet in early stages of offshoot tanker business
  • Owners look to cash in on global LNG boom
    Import growth of 30% to 2015 will outpace fleet growth, giving scope for higher charter rates
  • Glencore prospectus shows position as leading charterer
    Commodities giant runs a sophisticated ocean freight and logistics division, but its freight desk reported substantial losses in past two years
  • Textainer orders $500m of boxes as demand remains high
    First-quarter revenues rise 31% to $91m
  • Borrowers forced to tap new sources as Basel III kicks in
    Tougher capital rules for banks will make debt less readily available as a source of finance for shipping companies
  • D'Amico looks for improvement in second quarter
    Reports $4.8m loss but says demand is increasing
  • Freight derivatives: jury still out
    The second of a two-part series explaining how box derivative paper products work
  • Forwarder's guide to box freight derivatives
  • Clearing versus OTC trading
  • Are paper products the answer to turbulent markets?
    Opinion is split on whether derivatives could help eliminate price volatility from container trades
  • Ocean Rig secures funding for drillships
    Restructured finance deal brings Dryships subsidiary closer to gaining independence
  • Offshore boost for US links to Brazil
    Much of construction work on Bondini PSVs likely to take place in the South American country
  • Natural gas to step in to fill nuclear breach
    Governments continue to question their future nuclear commitments following the disaster in Japan
  • North Europe producers kick up sulphur fuss
    Manufacturers complain about lack of fairness in the IMO's low sulphur rules
  • Producers step in to fulfil Japan's LNG needs
    Qatar, Indonesia, Malaysia and Russia prove their ability to meet demand growth
  • Seaspan confirms further newbuilding plans
    In talks with Chinese and South Korean yards over additional vessels
  • Zeebrugge radiation alert halts containers from Yokohama
    Belgian nuclear agency discovers low-level contamination in fine dust on outside of box
  • Capital Product to merge with Crude Carriers
    Evangelos Marinakis-headed tanker companies to form diversified, eighth largest US-listed tanker fleet
  • Increase in uptake for Ireland's tonnage tax scheme
    More join in 2010 than the previous year
  • Doubt over consolidation in shipmanagement
    Wallem's Jim Nelson says mergers and moving into China are both fraught with difficulties
  • Maersk Broker Asia signs co-operation pact with Sinosure
    Agreement to develop shipping-related financial services
  • China's chains on ship finance
    With banks restrained by Basel III, China's under-regulated lease financing market may accelerate to supply funding for growth-hungry shipowners and shipyards
  • Opening the box
    Wider choice of container freight trades indices could provide greater transparency in an industry that is often hard to fathom
  • Navios Acquisition underlines faith in products market
    Angeliki Frangou-led owner sustained by cash from VLCC fleet in early stages of offshoot tanker business
  • Concern over bunker fuel quality
    DNV Petroleum Services in Singapore survey finds 94% of operators reported problems with bunker deliveries in 2010

Fairplayweb site
MAY 5, 2011
  • Seaspan misses mark
    GERRY Wang-led Seaspan today reported lower profits than expected and remained quiet about talks on newbuildings
  • Navios narrows tanker losses
    ANGELIKI Frangou's tanker venture today logged another loss but plans to exploit the improving products trade with newbuildings
  • US mulls spill liability
    SHIPOWNERS found liable for major spills in US waters would face drastic new liability limits under a US Senate proposal
  • California pilot pay proposal assailed
    A LINER group has repeated that a proposed pay raise for pilots, now approved by a state board, would staunch box sector growth in the San Francisco area
  • Evacuees reach Benghazi
    A FERRY reportedly reached rebel-held Benghazi today with about 800 Libyans and others who had been evacuated under fire from Misurata
  • New box index unveiled
    CARGO owners and liner operators in the box trades will be offered wider possibilties for freight spend and income hedging with the unveiling today of a new set of benchmark indices
  • PEMEX terminal closed
    A STORM has forced Mexican oil giant PEMEX to close an oil export terminal, but it has not affected crude cargoes to the US, Fairplay was told today
  • Koreans ratify EU accord
    SOUTH Korean parliamentarians have ratified a free-trade agreement with the EU, IHS Global Insight reported today
  • Turkey mulls fee rise for Bosporus
    TURKEY reportedly said today it might raise fees for transiting the Bosporus to encourage shipowners instead to use its planned Canal Istanbul
  • First Nord Stream gas leg completed
    NORD STREAM told Fairplay today that the first leg of its Baltic gas pipeline scheme has been finished
  • Jaccar doubles Eitzen Ethylene stake
    INVESTMENT company Jaccar plans to take up its option to double its 40% stake in Eitzen Ethylene Carriers at the end of next month, Fairplay has been told
  • BV marine revenues decline slows
    FRENCH classification society Bureau Veritas has reported a slowing in the decline of its marine revenues during the first quarter
  • Courage maintaining its purchase plan
    THE CHAIRMAN of Singapore-listed Courage Marine told Fairplay today that the drybulk carrier is still keen on fleet expansion, despite cancelling its planned Hong Kong IPO
  • Höegh seeks $200M for FSRUs
    NORWAY'S Höegh LNG has announced a private placement to raise $200M for investment in two new floating storage and regasification units
  • VLCC owners wait on holidays
    THE LONG holidays in Japan have increased VLCC owners' anxiety

The Journal of Commerceweb site
MAY 5, 2011
  • Obama Draft Plan Eyes VMT, Interstate Tolling
    The Obama administration has been floating draft language for surface transportation legislation that could lead to a tax on vehicle...
  • Wilmington's Nine-Month Box Volume Up 16 Percent
    The volume of containers handled by the Port of Wilmington, N.C. increased 16 percent year-over-year in the first nine months...
  • Freight Index Shows Slower Growth
    Growth in freight shipments and payments slowed in April, indicating constrained consumer spending and near-term slowing of the economy, the...
  • California Assembly to Vote on Port Trucker Classification
    Labor interests in California are taking the battle over the job classification of drayage truck drivers to the State Assembly...
  • Pirates Seize Ship, Damage Second Vessel
    Pirates seized a bulk cargo carrier with 24 Chinese crew members and damaged a container ship owned by Evergreen Marine's...
  • China Shipping, United Arab Enter Slot Swap Agreement
    China Shipping Container Lines and United Arab Shipping Company entered a slot swap agreement for their services operating on Asia-Europe...
  • Easter Boosts Retail Sales
    Retailers reported strong April sales that were boosted by pre-Easter sales but tempered by bad weather and signs that rising...
  • Drewry, Cleartrade Launch Global Container Rate Index
    Drewry Shipping Consultants and Cleartrade Exchange on Thursday unveiled a global index of freight rates they said can be used...
  • Pacific International Expands Trans-Pacific Service
    Pacific International Lines is expanding its China Transpacific service to connect Long Beach with ports in Australia and New Zealand....
  • Committee Considering Bill to Streamline Background Checks
    The House Homeland Security Committee on Wednesday took testimony the MODERN Security Credentials Act, which proposes that a card applicant...
  • Mica Eyeing Late May Completion Date for FAA Bill
    John Mica, R-Fla., chairman of the House Transportation and Infrastructure Committee, expressed confidence on Thursday that Congress will complete a...
  • Surface Transport Bill Drafting in Progress, Mica Says
    Congressional staff on the House Transportation and Infrastructure is making progress drafting legislative language of what could become the panel's...
  • Saia Increases Profit, Boosts Revenue 15 Percent
    Higher tonnage, shipments and pricing drove less-than-truckload carrier Saia further into the black in the first quarter, with a net...
  • Mississippi River Open for Navigation Despite Flooding
    Navigation continues as normal on portions of the flooded Mississippi River, although there will be a temporary closure of the...
  • Covenant Transportation Loses $2.5 Million
    Winter weather, low West Coast demand and rising costs contributed to a $2.5 million first quarter net loss at truckload...
  • Seaspan Posts $50.5 Million Profit
    Container ship owner-charterer Seaspan reported first quarter profit of $50.5 million as its expanded fleet pushed revenue up 50 percent...
  • UASC adds Asia-US Peak Season Surcharge
    United Arab Shipping Company will implement a peak-season surcharge for all cargo shipped from Asia to the U.S. East Coast....
  • Expeditors' Net Soars 49 Percent
    Expeditors International of Washington saw net profit soar 49 percent in the first quarter to $91.2 million as the freight...
  • Roadrunner Profit Soars 350 Percent
    Strong demand and higher prices lifted first quarter revenue 20 percent for less-than-truckload and truckload operator Roadrunner Transportation Systems. ...

Containerisation Internationalweb site
MAY 5, 2011
  • BIMCO publishes radioactivity risk clause
  • 'Unprecedented' eight-year waterfront labour pact on Canada's West Coast
  • Matson posts Q1 loss due to 'precipitous' fuel price rise
  • Drewry and Cleartrade launch new freight rate benchmark
  • Transpac rates rise as annual contracts are inked

TradeWindsweb site
MAY 5, 2011
  • Etesco open for business
    Brazilian offshore operator distances itself from bankrupt owner of ageing drillship.
  • Petrobras picks Olympic
    Brazilian energy giant turns to Norwegian offshore owner for a pair of four-year charters with options.
  • CPLP plots next move
    Five crude carriers will be pulled from the spot market if shareholders green light consolidation of Marinakis empire, CEO says.
  • Citadel saves Cosco bulker
    Chinese ship caught up in 2009 Norwegian oil spill narrowly avoids hijacking in the Arabian Sea.
  • Marinakis stuns the Street
    Shares of Capital Product Partners plummet while Crude Carriers soars as investors digest merger plot and $98m bulker buy.
  • Seaspan back in black
    New York-listed containership owner returns to profit in first quarter as ship utilisation rises.
  • Marinakis' surprise merger
    Greek heavyweights Capital Product Partners and Crude Carriers Corp combine to create the eighth largest US-listed tanker owner in the world.
  • D'Amico in tanker swoop
    D'Amico unmasked as the buyer of a vessel from stricken compatriot.
  • Uljanik ready for hand-out
    Croatian shipowner to pay $6.6m to investors following big 2010 profit.
  • Insurance future lies with clubs
    Standard Club's John Reily says club structure well placed to fight any renewed P&I challenge from commercial underwriters.
  • D'Amico sinks further
    Rome-based owner sees earnings drop by over $1m during difficult start to the year.
  • Navios Acquisition in line
    No surprise on Wall Street as Angeliki Frangou-led tanker owner books a loss in the first quarter.
  • Horrible for Hornbeck
    US offshore vessel company plunges to loss as revenues drop in weak markets.
  • New box swap indices
    Drewry and Cleartrade Exchange unveil "global" index in effort to stimulate container derivatives trading.
  • Golden opening
    RS Platou Markets places a buy tag on John Fredriksen's Golden Ocean following recent share slump.
  • SBM revenue slips
    Dutch FPSO specialist blames turnkey services for 5% drop in turnover.
  • Insurance future lies with clubs
    Vasilis Bacolitas sees the P&I clubs as the organisations that will come to dominate the marine insurance market.
  • Evergreen ship hit
    Three rocket propelled grenades fired during attack on container vessel in the Arabian Sea leave their mark.

American Shipperweb site
MAY 5, 2011
  • DHL launches China/Russia rail service
    DHL Global Forwarding said it has launched daily continental rail service from China to Russia and the Commonwealth of Independent States with shorter transit times and lower cost than ocean and air transport. The service will consolidate shipments...
  • Emirates Shipping Line sets up Taiwan agency
    Emirates Shipping Line said Wednesday it is opening a representative agency office in Taiwan to support its operations linking the Far East with the Indian Subcontinent, Middle East and Africa. Emirates, a Hong Kong- and Dubai-based line, is partne...
  • MSC to raise India/East Africa rates
    Mediterranean Shipping Co. said this week it is raising rates on the trade from India to East Africa by $100 per TEU, effective May 16....
  • MSC hikes bunker fees on several trades
    Mediterranean Shipping Co. said this week it is raising bunker surcharges on a number of trades as of June 1. The new bunker recovery rates are: From Asia to Europe, $755 per TEU. From East Coast South America to North America, the Caribbean, W...
  • Rickmers upgrades India/Europe service
    Rickmers-Linie, a German-based liner specialist for project and heavy-lift cargo, said it is upgrading its Indian service with the addition of new vessels. It will also provide a direct service eastbound and westbound between Europe and India, alth...
  • Hapag-Lloyd splits NWX, Loop B services
    German container line Hapag-Lloyd said in a customer notice it is decoupling a long-line service between Europe, the Far East and Pacific Northwest. The line said this month it is changing its NWX/Loop B service into a pure transpacific service be...
  • UASC secures $140 million loan from Kuwaiti bank
    United Arab Shipping Co. said Wednesday it has garnered a $140 million senior term loan facility with Gulf Bank in Kuwait. "The proceeds from this transaction will be invested in UASC's growth and network expansion plans as a leading container shi...
  • Drewry, Cleartrade partner on container index
    Drewry Shipping Consultants has partnered with the Cleartrade Exchange to develop a weekly container index to be used by physical and derivative market participants to manage freight risk. "The index will report individual market prices on major e...
  • National Export Initiative
  • South Korea, Colombia, Panama
    White House rolls trade agreements forward The Obama administration will begin technical discussions Thursday morning with key congressional staff on the draft implementing bills and draft Statements of Administrative Action for the pending trade a...

The Bunker Bulletinweb site
MAY 5, 2011
  • Fujairah and Durban markets stable
    Deliveries were available for supply up to and including May 19 in Cape Town.
  • European markets fall
    Players says it's 'impossible' to get products in Rotterdam before Tuesday.
  • O.W. Bunker says fuel procurement 'perfect' for outsourcing
    Sales Development Manager tells Athens conference that outsourcing is a 'natural evolution'.
  • Oil majors a 'block' to the wider use of biofuels
    Leading player in the international transport sector says oil companies are green 'but only in their advertising.'
  • Danish ferry industry predicts 2015 closures
    Low sulphur requirements could lead to 50% increase in ticket prices, pushing large numbers of lorries onto Danish roads.
  • Fall in fuel oil stocks as arbitrage arrivals slow
    Singapore stocks expected to rebound in the weeks ahead.
  • Fuel oil futures contract falls to just two lots
    Singapore platform for 380 cSt fuel oil futures suffering from 'poor liquidity.'
  • Athens: 'Problems become opportunities'
    Bunkerworld conference looking for opportunities as markets seek relief from 'the perfect storm'.
  • Bunker prices fall in Asian markets
    No indications for Busan and Tokyo due to public holidays.
  • Vessel forecasting system saves up to 10% fuel
    System allows 'new dynamic approach to voyage planning,' says Amarcon.
  • Indian port to upgrade bunkering facilities
    To set up a new jetty for bunkering of vessels, says port authority.
  • K-Line returns to full-year profit
    But warns that rising bunkers may result in lower earnings in the current fiscal year.
  • Glencore exits Singapore's MPA accredited supplier list
    Staff from Glencore and MPA confirm move.

›››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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