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June 10, 2011
The Business Timesweb site
Shipping News
  • Baltic freight futures screen carries out first trades
    A new Baltic Exchange platform for centralised electronic trading of dry freight derivatives carried out its first trades and signed up users including Cargill and Morgan Stanley, the exchange said.
  • Panamax rates to rise next week on tighter ship supply
    Rates for panamax dry bulk carriers on key Asian freight routes are expected to rise slightly next week due to tightening tonnage on the transpacific route, shipbrokers said yesterday.

Sched Netweb site
  • NOL to issue US$243.9 million in 10-year bonds at 4.4pc on June 22
  • IMO guidance sketches out rules of engagement for shipboard armed guards
  • Congressman seeks sanctions against CMA CGM for Iranian weapons aboard
  • Tonnage flood threatens as order deferrals fall to pre-downturn levels
  • Baltic Exchange provides online bourse for trading dry bulk derivatives
  • BIMCO conferences deals with environmental regulatory environment
  • Crew competence not up to new eco-rules and fuel demands of modern ships
  • Russia's NCC terminals experience 6.6pc cent growth in first five months
  • US truckload capacity down 14.1pc as labour, equipment, fuel, financing costs rise
  • Cargotec looks to 2060 and imagines artificial island terminals
  • Air cargo demand to rise in second half, say Cathay Pacific, FedEx
  • BA settles for US$89.5 million anti-trust penalty in US civil suit
  • DHL named aerospace logistics company of 2011
  • Chapman Freeborn wins top air charter award for fifth straight year

Exim Indiaweb site
  • Kakinada-Pudhucherri National Waterway IV to be developed: IWAI Chairperson
  • Maersk Line CEO calls for serious change in container shipping
  • NYK further improving worlds first solar power-assisted vessel
  • Safmarine launches new iPhone application
  • Govt allows companies to set up captive ports at Major Ports
  • Thar Dry Port enhances customer value by commencing box repair yards at Sanand & Jodhpur ICDs
  • Quake-hit Japan looks to India for more tourists, inflow of business
  • Ashish Pednekar assumes charge as MACCIA President
  • ICE Awards to acknowledge the best in in-house communication on June 17

International Transport Journalweb site
JUNE 9, 2011
  • Kögel delivers gigaliner
    Trailer manufacturer Kögel recently delivered a 25.25 m long truck combination for the Scandinavian market. The longer and heavier rig consists of a trailer and a centre axle trail...
  • Bahrain: construction of USD 2 million road project started
    The Ministry of Works in Bahrain has announced the start of construction on a new USD 2 million, 26 km road project in Abu Saib's. The scheme is part of a programme that is schedul...
  • Australia: Pacific National injects USD 150 million in Queensland
    The Australian rail service provider Pacific National is set to invest more than USD 150 million into regional Queensland with the construction of four new train maintenance and pr...
  • Union Pacific tops list
    The rail service provider Union Pacific was selected as the top performing railroad by leading US agricultural shippers in the second annual Soy Transportation Coalition (STC) rail...
  • OeBB banking on ETCS
    Austria's state railway OeBB is introducing the European Train Control System (ETCS). The system, which is the same throughout Europe, will ring in a new era for OeBB with respect ...
  • Scania opens new premises
    Scania has opened a new EUR 7.5 million facility on a 10,500 sqm tract of land in München-Oberschleissheim (Germany), 500 m from its existing site. The new platform encom...
  • Cargo plane crash in Gabon avoiding the worst
    On 6 June, an Antonov AN 26 cargo plane, operating on a flight for DHL, crashed into the sea just off the shore near Libreville airport (Gabon). The airplane came to rest submerged...
  • Virgin Atlantic Cargo awarded freight outsourcing contract by Brisbane-based Strategic Airlines
    The British carrier Virgin Atlantic Cargo is expanding its cargo alliance concept with the addition of Brisbane-based Strategic Airlines as a new partner. This complements their ex...
  • Japan Airlines and American Airlines strengthen cargo relationship
    Japan Airlines (JAL) and American Airlines (American) have embarked on a closer cooperation aimed at strengthening international cargo operations for both carriers. Their agreement...
  • Iata announces new leadership
    The International Air Transport Association (Iata) announced leadership changes at the conclusion of its 67th annual general meeting (AGM) and World Air Transport Summit in Singapo...
  • Safmarine launches new iPhone application
    Shipping line Safmarine has added another e-product to its range of e-Business accessories with the launch of the Safmarine application for iPhone, iPad and iPod Touch devices. Thi...
  • Norbert Dentressangle: new contract with J.K.H. Drainage
    The French service provider Norbert Dentressangle has secured a new contract with J.K.H. Drainage, a leading manufacturer of steel reinforced pre-cast concrete products. J.K.H. was...
  • Deutsche Post DHL acquires US-based Standard Forwarding
    Deutsche Post DHL has purchased the transport firm Standard Forwarding, based in East Moline IL (USA). The acquisition is intended to strengthen the German logistics corp...
  • Rhenus boosts turnover in Switzerland
    Rhenus Alpina AG registered a successful business year in 2010. The Rhenus firms in Switzerland significantly increased their 2010 turnover to CHF 258 million (2009: CHF 236 millio...

Marine Logweb site
JUNE 9, 2011
  • ExxonMobil announces major GoM deepwater discovery
  • NASSCO gets $18 million LHA 5 contract mod
  • Taber Extrusions gets Austal LCS and JHSV contracts
  • International Paint expands cargo hold coatings product line
  • Island Offshore orders PSV's from STX OSV
  • Austal books ferry order for Henderson shipyard
  • Kleven Maritime books seismic ship contract
  • Seadrill orders another semisubmersible tender rig

World Wide Shipperweb site
JUNE 9, 2011
  • Foss Maritime vessels earn Jones F. Devlin awards
  • Port of Halifax adding two Super post-panamax cranes
  • Trimac Transportation buying assets of Benson Tank Lines
  • Mario Cordero new member of Federal Maritime Commission
  • Coast Guard command change for Sector Columbia River

Lloyd's Listweb site
JUNE 9, 2011
  • Torm rushes to raise capital as low long range tanker rates linger
    Owner's second sale and leaseback deal in a week could be catalyst for similar agreements
  • Pacific supramax rates struggle to find solid ground
    Supramax rates still falling on oversupply while handysize hold above $10,000 in the Pacific
  • Smaller bulkers in demand from emerging countries
    Amid growth in demand for smaller, geared bulkers, overordering rings alarm bells
  • India needs LNG to supplement insatiable energy demand
    India's rising appetite for energy means it will have to supplement its coal imports with liquefied natural gas to meet demand
  • Chinese soyabean imports to keep rising
    China's soyabean imports are the country's "big growth story", and are set to rise over the next few years, benefiting dry bulk shipping due to high tonne-mile demand, according to Paragon Shipping chief executive Michael Bodouroglou
  • Shale gas is coming, but are there ships to carry it?
    The LNG sector is showing a surprising lack of urgency in ordering vessels to service a paradigm shift in the market
  • Owners reluctant to snap up MR product tanker bargains
    But brokers warn that restraint over attractively low newbuilding prices may not last
  • Seaspan signs $700m deal for seven 10,000 teu ships
    Takes options for a further 18 vessels as part of $2.5bn deal
  • Nautilus Marine seeks $60m for 'attractive opportunities'
    Three months after quitting Star Bulk, Akis Tsirigakis emerges with new blank cheque company for shipping deals
  • Financial engineers craft more spin-offs, but not for drillers
    Liquefied natural gas heads for "Golden Age" as Odfjell Offshore pulls back $600m IPO
  • Share issue could be best way forward for troubled offshore firm
    Bondholders may need to take a haircut and let new equity come in, says analyst
  • Sevan's shares embark on a long path downwards
    The necessity of simultaneously timing investor demand, while managing a new technology on a tight cash budget, has proved to be overwhelming for Sevan Marine
  • Russian ports poised for a box boom
    There has been a steady rise in Russia's cargo volumes, yet containerisation is still at a low level, clearly pointing to potential for growth
  • New port infrastructure paves the road to success
    Lack of appropriate rail infrastructure among Russian exporters, a lack of inland distribution centres and imbalance in container flows are all important factors in accelerating change
  • The rise and fall of maritime clusters
    The UK should be an inspiration across Europe for the way it is prepared to put up a fight in the face of the competitive threat
  • ICS is expressing a preference, not 'imposing' a bunker levy scheme
    National shipowners' associations have concluded that a levy-based mechanism will be simpler, more transparent and easier to administer
  • Libyan rebels plan to restart oil exports
    Boost expected for Mediterranean aframax trade
  • Greeks slow pace of orders in first five months
    Greek owners are most bullish on container vessels but are showing caution in adding to bulker and tanker backlog
  • Two ship order for Turkish yard
    Turkish yards prove hit in Norway
  • Filling the gap
    Pension funds have shown a taste for port terminal assets, particular in the container sector, but they could do more
  • Hochtief mops up Beluga Offshore stake
    Takes full control of joint venture
  • Unions pledge to fight sell-off of top Greek ports
    Umbrella body for port staff says emergency plans to raise money from Piraeus and Thessaloniki are unlawful and unprecedented in Europe
  • UK port throughput remains static
    Sector is failing to accelerate out of recession
  • A pointless exercise?
    Sanctions need to be fit for purpose, impossible to dodge, and absolutely unambiguous, so that everybody involved knows precisely what is expected of them
  • Keppel FELS wins $142m drilling tender order from Seadrill
    Seadrill orders eighth tender of same design
  • Freight volumes forecast to slowdown
    Rate of growth slowing falling freight rates
  • Exclusive: Middle East Oil Analysis
    Find out who exactly is exporting oil where
  • Work restarts at Croatian yard
    Occupation threat by metalworkers sees shipbuilding activity begin at Brodosplit

Fairplayweb site
JUNE 9, 2011
  • Yangzijiang confirms Seaspan order
    CHINA'S Yangzijiang Shipbuilding said today that it has won a firm $700M contract to build seven 10,000teu box ships for Seaspan
  • TORM sells another tanker to FSL
    JUST A week after selling TORM Margrethe to Singapore's First Ship Lease Trust, Danish products tanker specialist TORM has sold sister vessel TORM Marie to the trust
  • RCCL upsizes in China
    ROYAL Caribbean International said today it is shifting the 3,114-passenger Voyager of the Seas to a Shanghai base in 2012
  • Daewoo to manage Daehan
    DAEWOO Shipbuilding in South Korea told Fairplay today it will take over management of Daehan Shipbuilding next month
  • NOL seeks S&P funds
    SINGAPORE'S NOL will issue S$300M ($243.7M) in notes for partial financing of future purchases of box ships, Fairplay was told today
  • VLCCs rise despite oil impasse
    VLCC RATES continued to rise today even though oil prices exceeded $101 per barrel in reaction to OPEC's impasse on oil output
  • Noka barred for pollution
    GREEK ship management group Noka Shipping was barred from operating in the US for five years after pleading guilty to pollution violations
  • Shipping shares tumble
    US-LISTED shipping stocks fared worse than the broader market as investors reacted to OPEC's higher oil pricing and rising concerns about the economic recovery

The Journal of Commerceweb site
JUNE 9, 2011
  • Container Services Resume at Port of Sendai
    Container services resumed this week at the Port of Sendai-Shiogoma, the most important port in Japan's northeastern region of Tohoku,...
  • NOL to Issue Bonds for New Ships
    Neptune Orient Lines said it would issue S$300 million (US$244 million) in 10-year bonds to help finance the purchase of...
  • UCLA-Ceridian Trucking Index Declines
    The Ceridian-UCLA Pulse of Commerce Index extended its slide in May, falling 0.9 percent following April's 0.5 percent decline and...
  • Wholesale Inventories Outpace Sales
    U.S. wholesalers' inventories rose 0.8 percent last month, held down by tighter automotive inventories, while sales increased 0.3 percent, the...
  • Roadrunner Reorganizes Management, Plans Expansion
    Following an acquisition and East Coast expansion, trucking company Roadrunner Transportation Systems is reorganizing its management team...
  • TNT Express Launches Europe-India Freighter
    TNT Express launched a dedicated 767 freighter service between India and Europe, claiming the added capacity will consolidate the Dutch...
  • Obama Considers Tapping Oil Reserves
    President Obama is keeping open the option of drawing oil out of the U.S. Strategic Petroleum Reserve to drive down...
  • Truckers Seek Safety Standards
    Two national trucking groups called on the Department of Transportation to begin researching the benefits of crashworthiness standards for heavy...
  • Surging Exports Trim U.S. Trade Deficit
    Record exports fueled by a slumping dollar combined with a drop in automotive and oil imports to shrink the U.S....
  • Qatar Airways Buys 35 Percent of Cargolux
    Qatar Airways acquired a 35 percent strategic stake in Cargolux, Europe's biggest all-cargo airline, on Thursday taking a major step...
  • Former Cathay Chief to Head IATA
    The International Air Transportation Association named former Cathay Pacific chief executive Tony Tyler to replace Giovanni Bisignani as head of...

Containerisation Internationalweb site
JUNE 9, 2011
  • ESC backs Maersk call
  • OPEC's disarray means more oil pain
  • Chinese cargo ship released after ransom drop
  • Cass Index points to flatlining US economy
  • NOL to raise USD244 million for order book war chest

TradeWindsweb site
JUNE 9, 2011
  • Hochtief hunts Beluga unit
    German construction group races to takeover windfarm installation venture, Beluga Hochtief Offshore.
  • Awilco unit readies debut
    Drilling division of Norwegian tanker owner scores regulatory approval to list shares on Oslo Axess.
  • Is it a box or artwork?
    The humble box, now approaching its 60th anniversary, is being celebrated in an exhibition in Germany as "a fetish of the modern age".
  • Genmar eyes ATM
    Peter Georgiopoulos-led tanker owner raises eyebrows after inking open market sales agreements in $50m fundraiser.
  • DFDS in staff options move
    Danish ferry group to promote culture that "creates and rewards results" with stock options worth DKK 3m.
  • Khalijia 3 sold
    Micky Shipping will scrap bulker involved in serious collision in India last year.
  • FSL reels in tanker cash
    First Ship Lease Trust triumphs in $16m raid tied to acquisition of Torm product tankers.
  • Euroseas in boxship deal
    Nasdaq-listed operator of boxships and bulkers has secured a two-year renewal of 2,500-teu Maersk Noumea charter.
  • Farstad fixes seven in Oz
    Karl-Johan Bakken-led offshore owner seals term deals worth over $70m for seven vessels Down Under.
  • Austal adds ferry
    Australian shipbuilder snares $17m deal for new passengership.
  • The good, bad and the ugly
    Goldman Sachs takes radically different views of the outlook for the various sectors of the shipping industry.
  • Seaspan's $2.5bn deal
    Ambitious NY-listed company finalises its plans for seven 10,000-teu units with 18 options making contract with Chinese yards worth $2.5bn.

American Shipperweb site
JUNE 9, 2011
  • Trucking executive to chair U.S. Chamber
    Ruan John Ruan, chairman and chief executive officer of Ruan Transportation Management Systems, was elected Wednesday as chairman of the U.S. Chamber of Commerce. Ruan is an Iowa-based motor carrier with a fleet of 3,300 trucks and 5,100 trailers p...
  • Ryder buys Hill Hire in U.K.
    Ryder System has acquired Bradford, England-based commercial truck leasing firm Hill Hire plc, a subsidiary of Lloyds Banking Group. The stock acquisition was completed Wednesday at a cash price of about £154 million (about $252 million). "As we c...
  • FMCSA seeks comments on chassis records
    The Federal Motor Carrier Safety Administration published a notice in theFederal Registerthis week asking for comments on modifying a requirement for Driver Vehicle Inspection Reports (DVIRs) for intermodal equipment. The proposed modification wou...
  • Cathay makes cargo personnel changes
    Cathay Pacific has made two executive personnel changes within its cargo business, the airline said Thursday. Algernon Yau, general manager of Hong Kong International Airport, will become chief executive officer of Cathay Pacific Services Ltd., the...
  • Cordero sworn in at FMC
    Cordero The U.S. Federal Maritime Commission said that Mario Cordero was sworn in last week as a commissioner for a term to expire on June 30, 2014. Cordero was nominated by President Barack Obama Sept. 17, 2010 and confirmed by the Senate on April...
  • CMA CGM to raise rates from Asia, Europe
    French liner carrier CMA CGM said Wednesday it is raising rates on a host of trades from Asia and Europe effective July 1. The increases are: From Asia (including Bangladesh and Sri Lanka) to northern Europe (including the U.K. and Baltic nations...
  • NOL in next phase of cash-raising
    Singapore-based NOL Group said Thursday it will issue roughly $243 million in interest-bearing notes as part of its $1.5 billion cash raising program to partially finance new containerships. It's the second such sale of notes for NOL, the parent c...
  • ESC lauds, cautions Maersk over industry changes
    The European Shippers' Council on Wednesday lauded Maersk Line Chief Executive Eivind Kolding for a recent speech suggesting the container shipping industry needs to overhaul its model tofocus on schedule reliability and ease of use for customers ...
  • CBP releases ACE federal agency message set
    U.S. Customs and Border Protection on Wednesday released the final Participating Government Agencies (PGA) Message Set for Automated Commercial Environment, its future umbrella computer system. The PGA Message set is a harmonized set of informatio...
  • Maersk CEO Eivind Kolding's 'manifesto'
    Maersk CEO Eivind Kolding's "manifesto" Maersk CEO Eivind Kolding's "manifesto"...

The Bunker Bulletinweb site
JUNE 9, 2011
  • Fujairah prices firm
    Healthy activity in the Middle East hub.
  • Rotterdam and Hamburg markets firm
    Rotterdam prices at their highest levels in four weeks.
  • Buyer cooperative celebrates Golden Jubilee
    Membership has grown to over 450, purchasing fuels and lubricants on behalf of more than 1,500 ships.
  • Bunker prices firming across Asian ports
    Number of enquiries in key Asian bunker hubs were generally moderate on Thursday.
  • New managing director at DNV Petroleum Services
    Eirik Andreassen succeeds Tore Morten Wetterhus who returns to DNV HQ after four years of leading DNVPS.
  • BP buys high viscosity cargo at higher premiums
    BP's purchase may mean that European sources are getting tight.
  • US Navy pays $19.6 million for marine tank indicators
    Tank indicators used to measure volume of diesel fuel marine tanks, ballast tanks and waste tanks, among other uses.
  • Seaspan's MOL Emerald receives Triple-E rating
    Company 'very excited' to be first containership owner to receive rating, says vice president of Seaspan.
  • Calls to expedite opening of Colombo's new storage facility
    Suppliers complain about 'huge space constraints' for bunker fuel storage.

›››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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