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Independent journal on economy and transport policy
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BRIEFS
August 9, 2011
The Business Timesweb site
Shipping News
  • Capesize rents could rise 15% in Q3: consultancy
    HIRE costs for capesize vessels that haul dry bulk commodities could see a 15 per cent rise within the quarter, said Maritime Strategies International Ltd, after rounding out the first weekly gain in a month.
  • Kuwait firm on new port
    KUWAIT has responded to threats by Iraqi militants by saying they will not deter the oil-rich emirate from completing the construction of a controversial megaport between the two nations.

Sched Netweb site
  • OOIL profit falls 86pc to US$236.59 million despite 6.9pc revenue increase
  • TT Club supports 5-liner database reporting container handling incidents
  • Seaspan charters last of five 4,500-TEU newbuildings to 'K' Line
  • Hebei ports increase throughput 16.7pc to 346 million tonnes in half year
  • Benin Navy drives off Nigerian pirates during ship-to-ship transfer operation
  • UASC uses UAE's Khor Fakkan, cuts direct India, Pakistan calls from AEC1
  • Union says it still plans to bid for bankrupt SeaFrance ferry company
  • INTTRA sets out to simplify dispute identification through eInvoices
  • CN to expand Kirk Yard, relocate Chicago repair shop near Gary, Indiana
  • Hong Kong airport initiates power savings planned to cut carbon emissions
  • TNT sets up just-in-time, just-enough fashion logistics hub in Hong Kong
  • Atlas Air quarterly profit falls 27pc, looks to receive new B747-8Fs

Exim Indiaweb site
  • Coast Guard does damage control as contingency plan is readied
  • Hanjin Shipping orders five 13,000-TEUers
  • NYK & Yusen Terminals receive 2011 Clean Air Action Plan Awards from Port of Los Angeles
  • Oneworld Shipping Services opens own office in Mumbai
  • Shanghai aims at world's No. 1 container port status in 2011
  • Sweden 24th nation to sign Rotterdam Rules
  • Tanker sector facing biggest glut in 29 years
  • Tata Steel arm floats new firm for tugging operations
  • TSA to impose unspecified peak season surcharge from August 15
  • EEPC India holds seminar on 'Doing Business with Canada'
  • IMU's KPT campus to have quota for wards of Port employees
  • Marg Karaikal Port launches container handling services
  • Truck rentals fall 3-4 pc in July
  • Govt mulling relook of area ceiling for SEZs
  • US downgrade bad news for exports: Fieo

International Transport Journalweb site
AUGUST 8, 2011
  • USD 40 million loan for Rift Valley Railways in Kenya
    The African Development Bank has approved a USD 40-million loan to finance the Rift Valley Railways (RVR) to significantly increase freight transport. The five-year USD 246-million...
  • UK road freight industry forced to find extra EUR 1.5 bn to fill its fuel tanks
    UK road freight operators have had to find an additional GBP 1.3 billion (about EUR 1.5 billion) over a 12-month period to cover the rising cost of fuel, figures from the Freight T...
  • Denmark: foreign lorries now require low-emission zone stickers
    As of 1 November 2011, foreign lorries and buses must display a low-emission zone sticker on their windscreen in Denmark before they may use the Danish low-emission zones. If it is...
  • Booming Finnair Cargo starts joint venture
    Releasing its half year results last Friday, Finnair showed strongly developing cargo demand (+23%) and growing cargo sales (+18%) compared with the same period last year. Nordic G...
  • Boeing, GECAS finalise order for 747-8 freighters and 777-300ERs
    Boeing and GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric, have finalised a firm order for two 747-8 freighters and eig...
  • Minority stake in Turkish ACT Airlines acquired by Chinese HNA Group
    HNA Group Company Limited (HNA) of China, an integrated operator in modern service industry, and Bravia Capital (Bravia) announced that they have entered into an agreement to acqui...
  • MOL and Höegh Autoliners create Euro Marine Logistics
    Mitsui O.S.K. Lines, Ltd. (Tokyo) and Höegh Autoliners AS (Oslo) have set up a 50/50 joint venture in Europe, integrating the existing European short sea and logistics activities o...
  • Port to prepare impact study on grain export facility
    The Port of Long Beach has begun preparing an environmental impact report on a proposal to build a grain export facility at Pier T on Terminal Island. The Port's "notice of prepara...
  • ALC welcomes Brian Kruger as new MD
    The Australian Logistics Council (ALC) recently welcomed the announcement by Toll's board that Brian Kruger will become the company's new managing director on 1 January 2012. "...
  • Hansa Heavy Lift plans to move to Hamburg
    In the course of its ongoing corporate development, Hansa Heavy Lift, one of the largest maritime shipping companies for heavylift and project transports, conducted a thorough asse...
  • Dachser with new local subsidiary in Singapore
    The German logistics services provider, Dachser, is continuing on its global expansion course and opening its own local subsidiary in Singapore. This makes the centre of finance an...
  • Turkish-Iranian border crossing Gürbülak to be upgraded for USD 3 million
    Under an agreement between the Turkish Ministry for Trade and Customs, which was newly established after the recent elections, and the Association of Turkish International Freight ...
  • JadeWeserPort finishes main quay construction
    80,000 cbm of concrete, 80,000 t of steel and 1 million stones for the dams were used to complete the main 1,725 m quay in the JadeWeserPort in Wilhelmshaven (Germany). Work is thu...
  • Samskip expands activities and invests
    Duisport will build the new intermodal terminal in Hohenbudberg for Samskip and its subsidiary Van Dieren. The investments for the 120,000 sqm bimodal terminal are EUR 20 mill...
  • Poste Italiane with lower profits
    A difficult economy and increased competition hit profits at Italy's state-owned postal operator Poste Italiane in the first half of 2011, but operating costs also fell. The compan...

Marine Logweb site
AUGUST 8, 2011
  • Newport News Shipbuilding delivers Virginia class sub ahead of schedule
  • Kirby exercises option for second AT/B from Signal International
  • Noble to mobilize semi from GoM to eastern Mediterranean
  • Interferry opens Brussels office
  • Wärtsilä RT-flex engines to power "Bangkok-max" containerships
  • BMT Nigel Gee to design all-electric ferry for China

World Wide Shipperweb site
AUGUST 8, 2011
  • Port of Tacoma taps Francis as new real estate manager
  • North Bend Coast Guardsman receives award for heroism
  • Port of Coos Bay sponsoring Charleston Seafood Festival
  • Corps' survey vessel joing Astoria celebration
  • Panama Canal Authority renews Port New Orleans alliance

Lloyd's Listweb site
AUGUST 8, 2011
  • Lack of buyers sends secondhand values tumbling 40%
    Secondhand values of 1,100 teu boxships appear to have fallen 40% in the last three months, with two vessels changing hands over the last week at levels around $6m, as a lack of buyers and weak charter rates put pressure on prices
  • BW Gas buys VLGC pair as spot rates rise
    BW Gas is understood to have bought two very large gas carriers after acquiring a further two last month, signalling its confidence in this improving market that has seen spot rates for VLGCs hit a three-year-high
  • VLGC freight rate rises to three-year high of $70/tonne
    Further rises anticipated on constant stream of Middle Eastern cargoes
  • Chittagong breakers can import scrap ships until October
    Court extension allows time to implement tougher labour and environmental safety rules in Bangladesh
  • Tidal wave of company failures remains unlikely
    Banks will do their best to avoid becoming shipowners and maritime law firms can help
  • State of play
    Shipping bankruptcies
  • Battle between Cosco and owners intensifies
    George Economou's Classic Maritime latest bulker operator to win security pending London arbitration
  • Dog days bare their teeth
    Orderbook excesses continue to haunt the shipping markets as demand remains flat
  • The causes of piracy still need to be addressed
    If the west had spent more money on development causes, we would not have half the piracy problems we face in Somalia and Afghanistan
  • MOL and Höegh Autoliners in European venture
    Euro Marine Logistics has ambitions to become one the top three car carriers in shortsea sector
  • Kiel Canal's decrepit locks raise questions over Hamburg feeders
    Competition with road haulage could suffer as construction of additional lock chamber in Kiel Canal is held back
  • Strike ends at Luka Koper
    Pay dispute resolved
  • Nautilus warns over training scheme
    SMarT scheme funding at risk
  • Saadé dispels doubts over CMA CGM's future
    No retirement plans for box line chairman and chief executive as plots the company's next moves
  • OceanSaver installs first high-capacity ballast system
    Höegh Autoliners car carrier will be valuable testing ground ahead of IMO changes
  • Scanjet Macro fits fuel tank measuring system to Hapag-Lloyd cruiseship
    Work on Hapag-Lloyd vessel Hanseatic requires complete upgrading of electronic communication system transmitting data
  • ShipNet launches YouTube channel
    First release is seven-minute video showing Voyage Estimator, part of chartering and operations product
  • Help us in surveying the pace of innovation
    Lloyd's List wants to know how you rate the shipping industry's innovation efforts
  • Omani announcement boosts Sohar joint venture
    All commercial import, export, general cargo and container activities will switch ports from Muscat
  • Interferry opens Brussels office to boost lobbying of EU
    Ferry industry's body seeks to strengthen its voice on maritime policy and regulations
  • ICS presses European Commission to keep shipping out of emissions trading
    Secretary-general Hinchliffe says CO2 'cannot be reduced effectively and meaningfully' through a regional financial instrument
  • Rotterdam and Antwerp consider swapping shares
    Changing structure of European petrochemical sector encourages greater co-operation
  • Political pitfalls
    Given the scale and dynamics of globalisation, European ports are going to have to become more closely integrated, but it also requires politicians' co-operation
  • Box lines' new economics
    Revenues are down despite a rise in volumes
  • Mitsubishi Heavy denies Hitachi merger talk
    MHI president quoted as saying discussions only concerned collaboration between, or integration of, specific business units
  • OOCL parent's profits fall to $175m
    Orient Overseas Container Line warns of overcapacity and uncertainty over potential US consumer demand at Thanksgiving and Christmas
  • China Shipping Group bond sale raises $620m
    State-owned parent of CSCL taps domestic market, but statement does not indicate how funds are to be used
  • Nordic American Tankers posts $10m loss in weak suezmax spot market
    Second-quarter slide compares with $7.9m profit in same period last year

Fairplayweb site
AUGUST 8, 2011
  • OOIL struggles in first half
    OOIL, PARENT of Orient Overseas Container Lines, announced today that net profits for the first half plummeted by 86%, as it predicted "disappointing" full-year results
  • Key copper strike settled
    WORKERS at the giant Escondida copper mine in northern Chile have voted to end a strike and accept a pay deal, IHS Global Insight reported today
  • US approves Lake Charles LNG exports
    THE US Department of Energy has approved Lake Charles LNG's export application, making it the second terminal project to receive the government's blessing
  • Sesa Goa buys Liberian stake
    INDIA'S Sesa Goa said today it is buying 51% of Liberian miner Western Cluster, which is developing iron ore mines and associated shipping infrastructure in the African country
  • CMA CGM plans $100M Kingston scheme
    FRENCH liner CMA CGM has agreed to invest $100M in the Jamaican port of Kingston over the next three years, IHS Global Insight reported today
  • NAT widens losses
    SUEZMAX spot player NAT reported higher losses than expected today and confirmed its increased emphasis on slow steaming
  • LPG tanker robbed off Indonesia
    ARMED attackers robbed an LPG tanker off Indonesia today, according to ReCAAP ISC
  • Why HHL is swapping Bremen for Hamburg
    NASCENT German breakbulk and heavy-lift carrier Hansa Heavy Lift is trying to make a fresh start with the move of its headquarters from Bremen to Hamburg
  • Cigarette smugglers caught in Greece
    A TRUCK driver was arrested over the weekend in Patras on suspicion of trying to smuggle more than 11,000 undeclared cigarette packets out of Greece, Greek coastguards said today
  • Drybulk rates remain sluggish
    WEAK ACTIVITY in the Northern Hemisphere summer is keeping drybulk rates low, according to Oslo investment bank Pareto Securities
  • VLCCs seen capping upside
    SPOT RATES for VLCC tankers are low but steady as this week opens because of ample supply of tonnage
  • Hyundai buys Oz iron ore
    SOUTH Korea's Hyundai Steel said today it has signed a deal to buy iron ore from Australian miner Fortescue
  • Mumbai struggles with spill
    INDIAN coastguards are today co-ordinating an oil spill clean-up at the entrance of Mumbai's harbour, after two officers from a sunken bulker were arrested

The Journal of Commerceweb site
AUGUST 8, 2011
  • Matson Profit Plunges 75 Percent
    Higher fuel costs and weak trans-Pacific results caused Matson Navigation's second quarter operating profit to fall 75 percent to $9.4...
  • Transportation Stocks Lead Market Dive
    Transportation stocks took a deep dive on Wall Street on Monday, riding a huge selloff in response to the downgrading...
  • Matson Ends One of Two China Services
    Matson Navigation ended one of its China services, citing overcapacity and declining freight rates in the trans-Pacific, as well as...
  • Rendell: "Super Committee" May Boost Transport Spending
    Former Pennsylvania Gov. Ed Rendell said Monday a congressional "super committee" appointed to find ways to cut the federal deficit...
  • Railcar Owners Idled 707 More Units in July
    North American owners of railcars parked 707 more of them in July, as many categories of freight rail traffic slowed...
  • Obama Urges Transport Spending, Tax Cut Extension
    President Obama renewed his call for Congress to quickly approve a new transportation infrastructure investment program next month, and extend...
  • CMA CGM Invests $100 Million in Kingston Hub
    CMA CGM will invest $100 million in a major container transshipment hub in Jamaica in exchange for a 35-year lease...
  • Third-Party Logistics Providers Expand in Inland China
    Third-party logistics companies continue to invest in warehousing and other supporting capacity in interior provinces of China, as manufacturers look...
  • FedEx Freight Hikes Rates 6.75 Percent
    FedEx Freight will raise its non-contract truck pricing 6.75 percent on Sept. 6, the nation's largest less-than-truckload motor carrier said...
  • Teamsters Ratify Four-Year Car-Haul Contract
    Car-hauling Teamsters approved a National Master Automobile Transporters Agreement that will raise their wages $1.35 per hour over four years....
  • Obama Finalizing Truck Fuel Efficiency Rules
    President Obama is set to unveil final rules Tuesday that for the first time set fuel efficiency and carbon emission...
  • MCC Begins China-Bangladesh Service
    MCC Transport, A.P. Moller-Maerski's intra-Asia shipping division, launched a 13-day transit service between China and Bangladesh. The Shanghai 1...
  • OOIL Sees 'Disappointing' 2011 Outlook
    Profit at the parent of Orient Overseas Container Line fell 39 percent in the first half of 2011 on falling...
  • Panama Locks Set for Maintenance Shutdowns
    Vessel traffic through the Panama Canal will be affected this month by maintenance and dredging. The east lane of...
  • Japan Extends Punitive Tariffs Against US
    Japan on Monday extended for a year punitive tariffs on ball bearings and tapered roller bearings imported from the United...
  • India Ports See Slight Container Uptick
    Container traffic at major ports in India grew a mere 2 percent from April through July compared with a year...
  • En Route to Profit
    Truckload carriers seem to be traveling a different route than the rest of the sputtering U.S. economy. Many reported higher...
  • Virginia's Clean Sweep
    The first half of 2011 hasn't been good for the Port of Virginia for reasons largely beyond its control. Although...
  • Fast Track to the Heartland?
    Geoffrey Giovanetti has a favorite East Coast port gateway for seaborne imports of wine and spirits destined for the Midwest,...
  • Calculated Savings
    Soon after Maersk Line CEO Eivind Kolding challenged ocean carriers to compete on the basis of sustainability in June, Danish...
  • Red on the Horizon
    Horizon Lines says it is making "significant progress" on a refinancing announced two months ago, but the financially struggling container...
  • United We Stand?
    Most U.S. ports implementing clean-trucks programs are attempting to foster compliance through subsidies to truckers and with public-private partnerships, but...
  • Clean Trucks Take a Toll
    Ports from Oakland, Calif., to New York are adopting clean-trucks programs that will require independent owner-operators who in many cases...
  • Shipping's Gold Coast
    Peter Tirschwell's July 18 commentary, "Season of the Switch," put a new twist on the East Coast vs. West Coast...
  • A Road Museum's Lessons
    Who'd have thought that a museum in Virginia's Shenandoah Valley would point to issues now flaring in Washington about the...
  • FMC's New Music Man
    Federal Maritime Commissioner Mario Cordero has a solution for the discordant state of Washington politics: music. "If we gather...
  • Quiet on the Coalition Front
    The Longshore Workers Coalition, the intra-union group that has criticized International Longshoremen's Association leadership, was relatively quiet during last month's...
  • A Family Man
    A two-month longshoremen's strike in 1977 left Harold Daggett so strapped he qualified for food stamps, but Daggett said he...
  • Change at the ILA
    As Harold Daggett basked in the applause of union delegates after his election as International Longshoremen's Association president, loudspeakers came...

Containerisation Internationalweb site
AUGUST 8, 2011
  • Liners in the eye of 'The Perfect Storm'
    As severe tropical storm Muifa batters the eastern shipping regions of China - the worst atmospheric disturbance for decades and a reminder of the vulnerability of merchant shipping to the elements - ocean carriers appear to be heading for a manmade storm of mega proportions in H2 2011
  • OOIL's H1 profit tumbles due to 'rate deterioration' on major trades
  • Markets start steady on ECB move - but volitility remains
  • 'Market conditions' prompts Turkon 4th ship cull
  • Mexican ports advanced strongly in first half period
  • Some good news from the US

TradeWindsweb site
AUGUST 8, 2011
  • Bodouroglou stays busy
    Michael Bodouroglou holds the helm as Box Ships declares debut dividend following profitable quarter while Paragon takes a hit on drop downs.
  • Downgrade rips Wall Street
    Shipping stocks slammed by double-digit declines as news of S&P's US debt rating rocks New York markets.
  • Greek scraps suezmax
    Callimanopulos group tanker wing torches 1992-built suezmax in $13.5m demolition deal, brokers say.
  • MTM tipped as buyer
    Brokers link MT Maritime Management to $21m chemical tanker transaction with Japanese giant.
  • PBA on the hunt
    Indonesian bulker owner transferred to state energy company PLN, which wants to renew fleet.
  • ASC strike ends
    American Steamship Co officers return to Great Lakes bulkers as AMO hammers out new labour contract.
  • Cosco hits new trough
    Global stock market struggles have dragged shares in China's largest quoted shipping company to a record low.
  • Rocky rates sting CH
    Singapore-listed offshore owner ready to pursue expansion despite drop in 2010 profit.
  • Cape hit a false alarm
    Fears a dozen pirate skiffs had targeted a German bulker have been dismissed as a misunderstanding.
  • CSSC rises again
    Chinese shipbuilder and engine maker posts 2.7% improvement in first-half profit.
  • Coscol inches up
    Chinese giant's listed heavy-lift arm pushes up first half profit a fraction.
  • Wartsila wins Wenchong deal
    Finnish company to supply eight engines for "Bangkok-max" feederships being built in China.
  • Woe won't burn BDI
    Negative economic headlines unlikely to have a strong influence on dry-cargo market, ICAP says.
  • Vinalines posts first loss
    Dire markets cover Vietnamese owner's first-half accounts in red ink for only time since it was founded 15 years ago.
  • Parental support for CSDC
    Hong Kong-listed owner secures loans worth more than $1bn from China Shipping.
  • Glitch blamed for crash
    Report finds faulty dynamic positioning kit led to SBS Typhoon hitting two other offshore ships at Aberdeen.
  • SSW surges against tide
    New York-listed boxship owner rises after Cantor Fitzgerald upgrade as other shipping stocks suffer.
  • SNCM ferry robbed
    Purser tied up with electric cable on France's Ile de Beaute in Marseille.
  • Shockwave strikes again
    Asian shipping stocks take another hammering after US credit rating chop.
  • Port worker crushed
    49-year-old killed after forklift hit by log from Chinese general cargoship at Manila.

American Shipperweb site
AUGUST 8, 2011
  • China warehousing expansions
    DHL expands China warehousing DHL plans to expand and upgrade its warehousing to take advantage of increased business in China's contract logistics market. Its Supply Chain division plans to add up to 200,000 square meters of facilities in China in...
  • OOCL profit slides, cites overcapacity
    Liner carrier OOCL and subsidiary OOCL Logistics netted a combined $161.8 million in operating profit in the first half of 2011, a 45.7 percent drop compared to the first half of 2010, parent company OOIL said in a financial statement Monday. Firs...
  • Ship owners support IMO
    The International Chamber of Shipping is applauding the International Maritime Organization's approach in reducing shipping's carbon dioxide emissions. ICS Secretary General Peter Hinchliffe said recently agreed amendments to Annex VI of IMO's MA...
  • MOL-CKYH drop Halifax on Vietnam/U.S. East Coast
    A service linking Southeast Asia with the East Coast of North America will undergo a rotation change at the end of August, according to an operator of the loop. Liner carrier MOL said last week its SVE loop, which it operates with the CKYH Alliance...
  • APL's transpacific services 94% on-time
    APL's transpacific services 94% on-time APL's transpacific services 94% on-time Singapore-based liner carrier APL said Friday in its mid-year report on 2011 vessel reliability that APL ships on westbound transpacific sailings missed their arrival ...
  • Asia/Europe loop drops Hakata calls
    A New World Alliance-Grand Alliance joint Asia/Europe loops will drop two calls in September, according to a note Friday from Grand Alliance member Hapag-Lloyd. The AEX/NW1 loop, operated with 10 Hyundai Merchant Marine vessels, will drop calls in ...
  • MCC revises calls on key intra-Asia loop
    MCC Transport, the intra-Asia subsidiary of the A.P. Moller - Maersk Group, has significantly altered the rotation of one of its key services in the trade, the line said Friday. From Aug. 12, MCC's IA-6 service will have a rotation of Yantian, Xiam...
  • TNT flies food aid for Somalia
    A TNT Express plane on Monday took off from Liege, Belgium, with 45 tons of emergency food aid bound for Nairobi, Kenya, to help the United Nations World Food Program (WFP) feed thousands of children in neighboring Somalia. The Boeing 767 transport...
  • CSX invests in Louisville intermodal terminal
    Class I railroad CSX last week said its Intermodal Terminals subsidiary is building a $15 million, 34-acre container transfer center in Louisville, Ky., that will be operational by early 2012. The Jacksonville, Fla.-based rail carrier said the Lou...
  • DHL expands China warehousing
    DHL plans to expand and upgrade its warehousing to take advantage of increased business in China's contract logistics market. Its Supply Chain division plans to add up to 200,000 square meters of facilities in China in the next two years, in addit...

The Bunker Bulletinweb site
AUGUST 8, 2011
  • Middle East markets firm
    Deliveries available for supply up to and including August 22 in Cape Town.
  • Losses continue in bunker markets
    Very few enquiries in Piraeus.
  • State shipping company records its first loss
    Vinalines point to high bunker prices and weak freight rates.
  • Ferry industry in bid to boost its EU/IMO input
    Interferry to open a Brussels office in a bid to strengthen industry's voice on maritime policy and regulations.
  • Back to bunkers
    Fritz J. Fredriksen returns to the bunker industry after a stint at WWF, joining DNVPS.
  • Bunker spill triggers ban on vessels over 25-years-old
    Gujarat Maritime Board 'stops older vessels entering port.'
  • ICS warns against rush 'at the cost of good legislation'
    Doubts that the UNFCCC or the EU can deliver sensible GHG regulations.
  • US Navy defends focus on alternative fuels
    Alternative fuels 'critically important' as hedge against risks of a single source of energy.
  • High court allows tanker's bunker fuel to be sold
    Purchase price agreed of $287 per metric tonne.
  • Bunker prices largely soft as week begins
    Avails of bunker fuel generally good at key Asian ports on Monday.
  • Asian feeder box vessels get electronically controlled engines
    Wärtsilä RT-flex60C engines chosen for Bangkok-max vessels.
  • Singapore-based supplier moves to new office
    Moves to new office effective August 8.
  • Tolson joins Noble Group
    To develop company's marine fuels business.
  • Sunken bulk carrier leaking oil off Mumbai coast
    MV Rak Carrier leaking oil at 1.5 to 2 tonnes per hour, says India's defence ministry.
  • OOIL posts higher revenues in H1
    Despite 'poor short-term outlook, the group remains in good financial health,' says chairman.

›››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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