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BRIEFS
March 11, 2011
The Business Timesweb site
Shipping News
  • Panamax rates seen rising on grain demand
    Rates for panamax dry bulk carriers on key Asian freight routes are expected to rise to fresh three-month highs on strong regional demand for South American grain shipments.
  • Clarkson's profit up on dry bulk volumes
    Britain's leading ship broker Clarkson plc reported a better-than-expected profit, driven by a recovery in dry bulk volumes and said it gained from higher trading volumes in the first few weeks of 2011 despite volatile freight rates.
  • Hundreds of tankers held up in Russia due to icy winter
    Over a hundred vessels including dozens of tankers loaded with crude oil and refined products were stuck in ice at Russian ports on Wednesday, as authorities struggled against the worst conditions since 2003.
  • Singamas turns around with US$93m full-yr profit
  • Oil tanker bookings for Libya end
  • US to enact new ballast water rules
  • Tanker rates doubling as ships go slow

Sched Netweb site
  • Grand Alliance re-launches, revises transpac US west coast loops
  • Transpacific and Asia-Europe spot rates to continue decline
  • Singamas sales soar 400pc, sees box shortage and mega boom ahead
  • Start-up TCC suffers US$7.4 million on transpacific shuttle
  • Hanjin, CNC, KMTC jointly launch Japan-Indonesia loop March 22
  • Hapag-Lloyd, Regional Container Lines' start intra-Asia service
  • Carriers expected to grow 8-9pc in 2011, but rough weather ahead
  • Rizhao-Korea passenger-cargo shipping service recommences
  • Cosco ups terminal handling charges for South Africa strings
  • Carriers face threat of container shortages in 2011
  • Shipping Corporation of India to spend US$6 billion on ships
  • Kazakhstan blocks Chinese truckers, January road trade falls 65.5pc
  • Maersk, Safmarine launch Seago to cover intra-Europe trade
  • OOCL introduces iPhone shipping schedule access
  • IATA chief: 'We must resist knee-jerk 100pc air cargo screening'
  • Jade Cargo offers first Vietnam/Netherlands connection
  • Anchorage air cargo depot signs tenants Atlas and Polar

Exim Indiaweb site
  • AMI India Logistics celebrates inauguration of new head office in Mumbai
  • MSC India holds successful trade meet in Ahmedabad
  • Shipowners peeved by Budget proposals
  • Airline sector net to decline by 46 pc this fiscal: IATA
  • CIL to moot new import norms on March 12
  • Comm Dept for partial lifting of ban on wheat exports
  • EU putting barriers to our textile exports: Scindia
  • Emerging markets getting overheated, cautions IMF
  • Seminar on WTOs GPA on March 15

Marine Logweb site
MARCH 10, 2011
  • Vantage to supervise construction of Aker drillships at DSME

World Wide Shipperweb site
MARCH 10, 2011
  • Grand Alliance bring back Japan China Express service
  • Trade in goods, services report shows exports rose during January
  • Target grant helps students tour Port of Tacoma facilities
  • Maersk Line aiming for zero emission in New Zealand
  • Oldest Coast Guard Cutter set for decommissioning on Friday

Lloyd's Listweb site
MARCH 10, 2011
  • Libya turmoil to up tanker tonne-miles
    Southern European refineries look to west Africa as aframax fixtures fall to $8,000 per day
  • Clarkson profits soar 44% to $52m
    World's biggest shipbroker optimistic about 2011 prospects after box trade revival and recovery in dry bulk volumes boost its results
  • Caribbean petroleum MR tanker rates 'fly off the handle' to 30-month high
    The cost of delivering clean petroleum product on medium range tankers from the Caribbean to New York hit a 30-month high of $17,895 per day
  • Brokers find voyages for ex Korea Line supramaxes
    Shipbrokers in Asia said they successfully worked the phones today to find voyages for supramax vessels that returned to the spot market after bankrupt operator Korea Line defaulted on a series of long-term time charters
  • It is time to take the reward out of piracy
    UNODC's counter-piracy expert Glenn Ross suggests a controversial approach to ransom payments: a schedule of fees agreed by the international community
  • Cash-strapped dry bulk owners stare into abyss
    Exclusive analysis by Lloyd's List Intelligence reveals that reserves are running out fast
  • Caution comes first as lenders put a squeeze on shipping cash
    What do the banks' recent annual results tell us about the future ship finance market?
  • Capital in short supply, but China offers a ray of hope
    Shipping industry should not start holding its breath for a return to greater liquidity
  • Korea Line axes charters as first claims deadline arrives
    Three Greek owners confirm receipt of notices of termination from beleaguered South Korean company
  • Intermodal and Cotzias in merger deal
    Greek shipbrokers tie-up to create team of 15 sale and purchase brokers under one roof
  • Torm posts $136m loss as it forecasts an 'uncertain' 2011
    Product tanker specialist blames 'continued difficult trading conditions'
  • Freight forwarders fear oil price hike
    Forwarders fear they will have to bear extra costs associated with oil price spike
  • Court backs Odfjell claim against Sevmash
    Dispute over cancelled ship orders move closer to resolution as second court upholds tanker operator's claim
  • Dry bulk companies at risk as cash dries up
    Exclusive analysis warns small companies will be first to go under if rates fail to recover
  • Beluga charter owners press for pool option
    Tramp owners and KG fund companies mull move to minimise vessels exposure to market
  • Brussels squad raids Baltic rail freight companies
    European antitrust inspectors have raided rail freight companies active in Baltic countries
  • Transpacific lines will fail to hit target
    Disappointment tinged with bouts of optimism runs through box line service agreement negotiations
  • DVB pre-tax profits surge 50%
    Hits $181m in 2010, bolstered by fee and commission income
  • Dry bulk depression
    Korea Line is unlikely to be the last significant dry bulk outfit to go under
  • Significant link
    The most important centres for piracy in the world are Somalia and the UK
  • German cruise market continues to see growth
    Number of German oceangoing cruise passengers reaches 1.2m in 2010, up 18.9%
  • Deutsche Post DHL volumes 'close to pre-crisis levels'
    Handles nearly 2.8m teu in 2010, up from 2.6m in 2009
  • Grand Alliance rejigs transpacific network
    To relaunch Japan China Express service on May 15
  • SeaCube bullish as box shortages loom
    Locks-in 2011 box orders on long-term lease as it posts rise in fourth quarter earnings
  • Nordea arrests Korea Line tanker as $72m exposure revealed
    Race against the clock as Densan Deniz increases its demand before critical hearing
  • Torm still hit by weak tanker market
    Posts pre-tax loss of $136m for 2010 and forecast a further loss of up to $125m in 2011
  • Should shipping be Greece's meal ticket?
    Greece's brightest shipping minds were asked to chew over hypothetical solutions to the nation's debt crisis. Only one opted to sell off his wife and kids
  • Private equity challenge for German shipowners
    There has been speculation that private equity could offer an alternative to KG finance in Germany
  • Owners must weigh up pros and cons of private equity
    As bank finance is hard to come by, some owners are turning to private equity but they need to be aware of why these funds are investing in the first place

Fairplayweb site
MARCH 10, 2011
  • Nordea reveals KL exposure
    LEADING shipping lender Nordea Bank Finland is owed $72M by Korea Line, according to newly filed court documents
  • Haiti market expansion stalled
    CROWLEY Maritime has yet to see an uptick in new business as a result of rebuilding efforts in Haiti, a year after an earthquake devastated the country
  • Paragon charter terminated
    NYSE-listed Paragon Shipping has received a cancellation notice from Korea Line for the charter of the Panamax Pearl Seas
  • Shipping restructuring team formed
    PRIVATE equity powerhouse Blackstone and specialist investment bank Dahlman Rose have created a new restructuring team for maritime clients
  • Odfjell: concerns about scrapyards
    NORWEGIAN chemical tanker operator Odfjell has expressed concern about the practices it has seen in some major ship recycling centres
  • Mining moves offshore
    BELGIAN dredging contractor DEME and Dutch engineering and shipbuilding firm IHC Merwede are poised to take the lead in deepsea mining
  • Havila looks for Norwegian bonds
    HAVILA Shipping, the listed Norwegian offshore vessel owner, has joined the ranks of companies that plan to raise funds on the Norwegian bond market
  • Sea-borne petrochemical imports slacken
    DEMAND for sea-borne petrochemical imports slackened significantly in both the United States and Europe due to the rising cost of crude oil
  • Chemoil plays down KL exposure
    SINGAPORE-listed bunker supplier Chemoil does not expect to be seriously affected from Korea Line's outstanding payments
  • Sale/leaseback for chem tank co
    PT BERLIAN Laju has sold four chemical tankers to Standard Chartered Bank, with a lease-back arrangement
  • S'pore untroubled by Shanghai rise
    SHANGHAI port's rise will have little adverse effect on Singapore, believes Singapore's second transport minister Lim Hwee Hua

The Journal of Commerceweb site
MARCH 10, 2011
  • Index Shows Truckload Demand Rising
    A key measure of truckload demand jumped 18.9 percent week over week in early March, signaling tightening capacity as the...
  • Encompass CEO on Forecast for Logistics Industry (Video)
    Asa Cheng, CEO of Encompass, discusses his opinion on vessel overcapacity forecasts and also gives his predictions for the logistics...
  • DOJ Allows $45 Million Fine as All Horizon Could Pay
    The Justice Department said it allowed Horizon Lines to pay a back-loaded $45 million fine for price fixing in the...
  • DCLI/MESC's Durando on the New Chassis Paradigm (Video)
    Ernie Durando, president of DCLI/MESC, discusses the future of chassis at the TPM Conference in Long Beach, Calif.
  • Nominee Begeman Vows to Aid Shipper Access to STB
    Ann Begeman, President Obama's choice to join the Surface Transportation Board, told senators at her nomination hearing she will work...
  • Grand Alliance to Restructure Trans-Pacific Services
    The three carrier members of the Grand Alliance plan to overhaul their trans-Pacific services to the U.S. West Coast in...
  • 'Bold' Transportation Proposal Leaves Senators Cold
    Transportation Secretary Ray LaHood took the Obama administration's "bold vision" for a new transportation bill to the Senate this week,...
  • Lynden's Brown Line Buys Refrigerated Trucker
    Refrigerated trucking company Brown Line is expanding in the Pacific Northwest by purchasing Port Side Trucking, a refrigerated motor carrier...
  • India's Exports Jump 50 Percent
    India's exports jumped nearly 50 percent year-over-year to $23.6 billion in February, buoyed by increased demand from major markets such...
  • Oil Prices Push Trade Deficit to Six-Month High
    Higher prices pushed the U.S. trade deficit in January to its highest level in six months despite a 2.7 percent...
  • Rotterdam Boosts Russia Container Traffic 40 Percent
    The port of Rotterdam said container traffic with Russia surged 40 percent in 2010 from the previous year, sharply narrowing...
  • Tank Trucker Quality Cuts Losses in 2010
    Restructuring and refinancing at Quality Distribution reduced a $180.5 million net loss in 2009 to $7.4 million in 2010, while...
  • NOL's Ron Widdows on Trans-Pacific Supply/Demand (Video)
    Ron Widdows, group president and CEO of Neptune Orient Lines, discusses the outlook for trans-Pacific vessel capacity with JOC's Peter...
  • Somali Pirates Release Vessel
    Somali pirates released a general cargo vessel and its crew after almost 11 months in captivity, according to the Indian...
  • All Nippon International Volume Grows 16 Percent
    All Nippon Airways said its international cargo volume rose for the 17th consecutive month in January, increasing 15.8 percent to...
  • Clarksons Profit Grows 44 Percent
    Clarksons, the world's largest ship broker, reported 2010 profit grew 44 percent from a year ago as shipping markets benefited...
  • MSC Boosts Mediterranean-US Rates
    Mediterranean Shipping Co. plans to raise freight rates for cargo moving westbound from Italy, Spain, Portugal, the south of France...
  • DHL Boosts Profit 50 Percent
    Deutsche Post DHL boosted earnings 50 percent in 2010 from a year ago as the global economic recovery drove strong...

Containerisation Internationalweb site
MARCH 10, 2011
  • Demand for longer contracts in the transpacific trade accelerates
  • Rotterdam on a high over Russia
  • UASC's new ship spearheads Asia/Europe expansion plan
  • Crowley to start new intra-Caribbean shuttle
  • TSA: The push to abolish anti-trust immunity is a non issue

TradeWindsweb site
MARCH 10, 2011
  • Torm shares on the rack
    Danish owner's stock plunges to its lowest point in over seven years after disappointing results and a weak outlook.
  • Greek brokers make history
    Partner Intermodal and N Cotzias break new ground with merger that may encourage a fresh trend.
  • Most Sky stuck in lockup
    Turkish cargoship sits in detention with new crew as toilets, galley and showers remain unkempt.
  • Pirates free Greek ship
    Crew of sunken Rak Afrikana now onboard LPG carrier York released by pirates after ransom paid.
  • No money in shipping?
    Markets might be reeling but shipping heavyweights still pack a punch amongst world's billionaires.
  • Ferry damages quay
    Norway's Trondheim forced to re-route after hitting the side at Hufthamar.
  • Strong year for Sinotrans
    Hong Kong-listed owner's profit driven by bulkers, but tankers made a loss.
  • Fiji to probe ship grounding
    Investigation to examine why state-owned cargo vessel got stuck on reef.
  • Distressed deals to rise
    Number of opportunities will be greater in the present slump than following the financial crisis, says Klaus Nyborg.
  • Nordea happy for now
    Bank's shipping supremo Hans Christian Kjelsrud "comfortable" with its exposure to tanker and bulker markets.
  • Odfjell wins Sevmash case
    Legal battle with Russian shipyard over axed newbuildings looks to be at an end with owner to bag $50m.
  • Armed guards save tugs
    Warning shots from security teams onboard new Dutch tugs send pirates scattering off Socotra.
  • DVB growing again
    Shipping lender survived "challenging" 2010 to boost profit as new business rolled in.
  • Freed Rak Afrikana 'sinks'
    Italian warship rescues 25 crew with another dead as vessel reported sinking soon after pirates got ransom.
  • Ferries off to Africa
    Mauritius buyer snaps up speedy Irish vessels from struggling Bad Arran Teo.
  • Bow Puma off to India
    Odfjell keeps sales price close to chest as elderly chemical tanker sold for recycling with a green passport.

American Shipperweb site
MARCH 10, 2011
  • Chertoff Group lands two more DHS veterans
    Nicolle Sciara Rippeon has joined The Chertoff Group as a director. A former chief of staff to the assistant secretary for policy in the Department of Homeland Security, Rippeon will specialize in providing clients advice in the areas of border sec...
  • Goldman Sachs invests in Management Dynamics
    Management Dynamics, a company that sells software and services for managing global trade, said Wednesday that Goldman, Sachs & Co. has made an investment in the company. It added that Gene Yoon, a managing director at Goldman Sachs, has been named...
  • Hatch chides White House on FTA inaction
    The ranking Republican of the U.S. Senate Finance Committee on Wednesday chided the Obama administration for its failure to move forward free trade agreements negotiated with Colombia and Panama, despite making promises to do so in 2009. Hatch 'The...
  • EU energy directive worries U.S. soybean shippers
    The American Soybean Association and other U.S. oilseed producer and industry organizations have expressed serious concerns to the U.S. Department of Agriculture and the Office of the U.S. Trade Representative about the European Union's Renewable ...
  • Scientists study sunken container
    Researchers are using a robotic submarine this week to study the biological impacts of a shipping container resting on the seafloor about 12 miles outside of Monterey Bay, Calif. Researchers from the Monterey Bay Aquarium Research Institute (MBARI)...
  • Crowley adds Caribbean ro/ro service
    Crowley Maritime Corp.''s liner services group will start a roll-on/roll-off liner cargo service March 17 between Santo Domingo, Dominican Republic; San Juan, Puerto Rico; and St. Thomas in the U.S. Virgin Islands. The fixed weekly schedule will su...
  • Grand Alliance rejigs TP network
    Grand Alliance carriers Hapag-Lloyd, NYK Line and OOCL said Thursday they will shake up their transpacific service network in May to coincide with the relaunch of a shuttered service connecting Japan and California. In 2009, the alliance carriers ...
  • Toll Global Forwarding targets air freight
    Toll Global Forwarding said Thursday it is "targeting significant growth in the global air freight sector in 2011." A subsidiary of Australia's Toll Group, Toll Global Forwarding said it has traditionally been weighted towards ocean freight, but ...
  • Mexico to start trusted shipper program
    Mexico plans to launch a trial version of the U.S. Customs-Trade Partnership Against Terrorism in the first half of this year, according a fact sheet provided by the Mexican Tax Administration Service (SAT). Mexico's program, the Alliance for Secu...
  • Potential for mutual recognition with C-TPAT

The Scandinavian Shipping Gazetteweb site
MARCH 10, 2011
  • Odfjell to receive USD 50 million in damages
    The cassation court in St. Petersburg has decided in favour of Odfjell against the Russian state-owned yard Sevmash. Thereby the court confirms the decision of the state commercial court
  • CMP re-employs as car volumes soar
    The car handling volumes increased 56 per cent to 322,000 cars at Copenhagen Malmö Port, CMP, in 2010. The boom is explained by stronger car sales in Scandinavia and Russia
  • Finnlines' vessels in blockade
    The Finnish Transport Workers' Union AKT has declared a cargo handling blockade for Finnlines' vessels in all Finnish ports. The stevedores will neither discharge nor load the company's vessels during
  • Odfjell vessel to Indian recycler
    Odfjell has sold the chemical tanker Bow Puma, 40,092 DWT, for recycling in India. The sales price is close to the book value. The vessel has a so called Green
  • Royal Arctic Line logs higher profit than expected
    Royal Arctic Line A/S reports a DKK 41 million profit before tax and DKK 29 million profit after tax in 2010. The result is better than expected, despite lower

The Bunker Bulletinweb site
MARCH 10, 2011
  • KPI Bridge Oil appoints bunker trader for Singapore office
    Choo is based in Singapore but originally from Malaysia and is fluent in English, Malay, Mandarin and Cantonese.
  • Norway planning new fuel quality initiatives at IMO
    BLG sub-committee did not support taking Norway's groundbreaking joint proposal with INTERTANKO forward, but authorities aim to raise issues again at MEPC.
  • Slowing ships to five knots could cut CO2 emissions by 80%
    Bureau Veritas coordinating EU project to look at feasibility of 'ultra low speeds'.
  • Fujairah IFO prices post double-digit gains
    Smaller gains in Suez.
  • European Bunker markets firm
    The market still tight market for prompt avails.
  • Stern tube lube designed to be 'environmentally responsible'
    'Choosing Castrol BioStat is an extension of our concern for the marine environment,' says ISP.
  • Shipping lines struggle with bunker cost 'burden'
    'We are mapping out the shortest distance per route and driving under optimum speed for fuel efficiency,' says Hyundai Merchant Marine.
  • Fuel oil stocks fall
    Singapore arbitrage arrivals set to swell in the second half of March.
  • Double-digit gains in most Asian ports
    Mixed demand at Asian bunker hubs.
  • LNG-powered gas carrier makes first delivery for supplier
    Coral Methane to transport LNG to a Swedish gas facility until the new LNG carrier is built.
  • DFDS orders newbuilds with 'efficient' propulsion engines
    RoRo vessels to be fitted with MAN Diesel's propulsion-package designs.
  • Slight dip in South China fuel oil stocks
    50,000 mt of 380 cSt bunker fuel oil drawn from bonded tanks.

›››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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