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Independent journal on economy and transport policy
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BRIEFS
August 12, 2011
The Business Timesweb site
Shipping News
  • China seen returning as top shipbuilder in time
    China should regain its status as the world's leading shipbuilder in the next few years if domestic suppliers such as China Rongsheng and Yangzijiang Shipbuilding quickly modernise their drydocks and close the technology gap with South Korean competitors.
  • Baltic index edges higher after 2-day fall
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, turned positive on Wednesday, helped by modest iron ore cargo business.

Sched Netweb site
  • Hapag-Lloyd first half operating profit off 88pc to US$59.7 million
  • Port Tracker says 'healthy holiday season' will follow soft summer imports
  • Rioters destroy Sony DC - Tesco, Sainsbury, Argos, close shop early
  • Cosco profit warning: blames high fuel, low rates for expected profit loss
  • Matson quarterly container volume up 6pc, but profit declines 75pc
  • Security contractors firing small arms repulse multi-pronged pirate attack
  • People's Bank pledges China's support for Euro sovereign debt bonds
  • Shaanxi cuts road tolls for pork truckers, soon other perishable carriers
  • Alashankou's half-year trade value up 20pc to US$5.5 billion in first half
  • International Chamber of Shipping lauds IMO carbon scheme, blasts EU's
  • Chennai joins Mumbai in attracting congestion fees as boxes pile up
  • American forwarder with Dutch firm detained for alleged Iran exports
  • Obama finalises fuel efficiency bill, tells truckers they'll save money
  • Cathay Pacific to buy four B777 freighters and eight B777 jetliners
  • Dragonair names Patrick Yeung CEO, replaces James Tong August 16
  • Far East leads freight May decline as European airline volume slips 0.6pc

Exim Indiaweb site
  • Baltic index taking a hit due to choppy financial waters
  • DIESL roundtable deliberates outsourcing, other opportunities & challenges in Indian logistics
  • SCI takes delivery of Supramax bulk carrier
  • Steps being taken to plug leak, contain pollution & clean affected areas
  • Handicrafts exports surge 29 pc in July
  • Sharma, Asean to press for services deal this week
  • Sri Lanka aiming at Asian shipping hub status
  • Visakhapatnam Port sets salt unloading record
  • drops 5 paise to 11-week low
  • Govt clears extra 4.33 lakh t sugar exports
  • Adani Enterprises' net sales up 63 pc in Q1

International Transport Journalweb site
AUGUST 11, 2011
  • Togolese carrier Asky increases frequencies
    The Lomé-based Togolese carrier Asky Airlines increased its capacity on services to Bamako (Mali), Brazzaville (Congo), Conakry (Guinea), Cotonou (Benin) and Kinshasa (DRC) today 1...
  • Chapman Freeborn expanding on-board courier service
    Chapman Freeborn's on-board courier service (OBC) has been transferred to new and modern headquarters at the company's main German location near Cologne-Bonn airport. The courier s...
  • World Bank and Liberian government sign road project deal
    The Liberian government and the World Bank have signed an agreement for an estimated USD 249 million for the rehabilitation of the 250 km Monrovia (Red Light)-Gbarnga-Ganta-Guinea ...
  • RFF and Eiffage sign up for large French railway project
    The Brittany-Loire valley high-speed railway line, measuring 182 km, will be an extension of the 180 km of high-speed line between Paris and Le Mans, built in 1989. The new line wi...
  • Genesee & Wyoming agrees to acquire Arizona Eastern Railway
    Genesee & Wyoming Inc has agreed to acquire the Arizona Eastern Railway (Azer) from Iowa Pacific Holdings of Chicago IL, for USD 90 million in cash, subject to adjustment for f...
  • DAF Trucks (Netherlands) to acquire stake in Tatra
    DAF Trucks and Tatra have agreed that DAF will acquire 19% of Tatra. DAF will supply engines and cabs to the Czech truck manufacturer. Tatra, founded in 1850, produces a complete p...
  • Evergreen Line wins US environment award
    The ports of Los Angeles and Long Beach have presented Evergreen Line with a 2011 clean air action plan air quality ward, an honour given to those taking extraordinary measures to ...
  • CMA CGM to invest USD 100 million in Jamaican terminal
    CMA CGM, the world's third-largest ocean carrier, is set to invest USD 100 million in Jamaica's Kingston container terminal, as part of an agreed 35-year lease, according to the Ja...
  • Rhenus awarded Tapa A security certification in Netherlands
    The German freight forwarding and logistics corporation Rhenus was recently awarded Tapa A security certification in the Netherlands. Tapa, the Transported Asset Protection Associa...
  • Insolvency threatening Viator & Vektor Logistika in Slovenia
    The Slovenian freight forwarder and logistics service provider Viator & Vektor Logistika is about to enter into receivership. Now that negotiations with the banks concerned for...
  • Amar Chouaki appointed regional sales VP at AF-KLM maintenance
    Amar Chouaki has been assigned a new mission with Air France Industries KLM Engineering & Maintenance (AFI KLM E&M). Appointed to head the sales team dedicated to the key r...
  • SIA to order eight more Boeing 777-300ERs
    Singapore Airlines (SIA) has agreed to order eight more Boeing 777-300ERs, in order to support growth plans for the years ahead. Deliveries of the new aircraft are scheduled to beg...
  • German transport association not happy with EU transport white book
    In a new position paper the German multi-modal industry association Deutsches Verkehrsforum has made recommendations to adjust the EU Commission's transport white book, which set t...
  • Union Pacific begins construction at New Mexico rail facility
    Union Pacific (UP), a US railroad company, started construction of an all-new rail facility just outside Santa Teresa. UP is investing USD 400 million towards the total cost of a p...
  • Triple WWPC power gets mining equipment to China
    The firms Westfracht and Albacor Mongolia, in conjunction with Sadleirs Global Logistics from Australia, are currently handling the shipment of 30 dumper truck bodies, each weighin...

Marine Logweb site
AUGUST 11, 2011
  • Davie Yards CEO headed back to Norway to join STX Norway
  • Coast Guard publishes proposed towing vessel inspection rules
  • Gladding-Hearn delivers boat to Fire Island Ferries
  • Siemens to supply diesel electric systems for Tidewater PSV's
  • Sinopacific delivers first PX105 to Bourbon Offshore Norway

World Wide Shipperweb site
AUGUST 11, 2011
  • TPT tops 100 million mark of board feet through the Tacoma
  • Siemens nets contract for supply vessel propulsion systems
  • Hamburg Sud earns pair of environmental honors
  • Coast Guard inks new rules for towing vessel safety
  • Panama Canal Authority renews Port Everglades alliance

Lloyd's Listweb site
AUGUST 11, 2011
  • Making inroads into Africa's port potential
    Bolloré Africa Logistics chief looks beyond the company's 13 ports to its corridor logistics that include trucking, rail freight and inland cargo depots
  • Confessions of an Africa infrastructure investor
    Projects can no longer be single-user if continent is to benefit, says investor
  • Rising MR tanker rates lift Lauritzen earnings
    Tanker arm of J Lauritzen reports improved results as average rates increase
  • Supramax owners and charterers in stand-off over fronthaul rates
    Ballasters from Pacific will put further pressure on prices over the next week though
  • Crude and product tanker rates to diverge further this year
    Latest report by McQuilling Services sees crude tanker spot rates staying low, while product markets are set to rise towards year-end
  • Shipping share price collapse outpaces fall in stock markets
    Fundamental weaknesses in the freight markets drive down companies' values
  • Tricky timing for Hapag-Lloyd
    This is not the time to get a good price for any container shipping company
  • Tullow aims to replicate African success in South America
    Opportunities at Zaedyus prospect in French Guiana 'bigger than Ghana fan system'
  • DryShips holders gain dividend of partial Ocean Rig spin-off
    Payout will be combination of Ocean Rig shares and cash
  • Eirik Raude rig benefits from Tullow Oil's growth mode
    In company's planned $1.5bn expenditure for 2011, $850m is going towards production and development and the balance for exploration and appraisal
  • Big boxships are best bet on post-crisis Europe
    Hyundai Merchant Marine takes a risk with its order for five 13,100 teu vessels
  • In celebration of maritime boffinry
    It is time to recognise the unsung heros of marine technical innovation
  • Bankers turn up the heat
    Basel III looks likely to bring greater uncertainty to the LNG sector with delays in agreeing projects and perhaps restrictions on which ones go forward
  • TEN launches fifth stock buyback in wake of market crash
    Since listing nine years ago, founding family and board have increased holding to 36%
  • Questions raised of Vietnam's $1bn LNG port plans
    Government approval means little but securing finance means everything
  • Higher costs shave SITC profits
    Intra-Asia boxline volume up 10.6% but yearly 20% growth forecast looks out of reach
  • Teekay Offshore hopes to ride parent connections to more business
    Accounting loss sends offshore company into the black
  • Teekay LNG Partners positions itself for expansion
    One-off charges leave gas carrier business in net loss
  • Teekay Tankers banks on charter cover
    Interest rate swaps drags profit down to $1.4m in second quarter
  • Noble Group profits jump despite volatile first half
    Company reports decline in iron ore volumes to China but strong growth in coal and grains
  • Marinakis group extends order after HMM boxship charter
    South Korean operator to take five of Container Carriers' 5,000 teu newbuilds on long-term charter at a reported $29,900 per day
  • Teekay Corp sinks to $36m loss
    Tanker giant hit by declining rates and vessel oversupply
  • Shipping is heading for the rocks
    DVB Bank chief predicts more foreclosures and highlights failure to build up liquidity
  • Tui postpones Hapag-Lloyd sale
    German box giant's second-half results hit by declining freight rates and significantly higher fuel costs
  • Sovcomflot quashes talk of Gaddafi tankers acquisition
    Russian giant distances itself from market rumours that GNMTC fleet is up for sale
  • Namura readjusts forecast for fiscal year 2012 as net income plummets
    Shipbuilder says yen appreciation hitting yards and urges government to intervene
  • Delaying the inevitable
    The industry can never consolidate and flush itself clean if financial 'flexibility' postpones the inevitable

Fairplayweb site
AUGUST 11, 2011
  • US towing proposal could cost owners
    VESSEL operators hiring US-flagged tugs could eventually need to pay higher rates as a result of towing inspection rules proposed today
  • Hapag-Lloyd swings to losses
    GERMAN box line Hapag-Lloyd said today its operating result was positive in the second quarter, but financing costs led to a swing to net losses
  • DVB ramps up lending
    GERMAN shipping and transport finance bank DVB said today it drove up its lending capacity in the first half of the year
  • TCC files shipper suits
    TCC HAS filed a barrage of lawsuits against its former shippers that will test the enforceability of the basic service contract
  • J Lauritzen sends warning
    DENMARK'S bulk shipping group J Lauritzen has warned that its full-year results will be weaker than forecast and below those of 2010
  • DPW shares back $850M loan to parent
    SHARES of Dubai Ports World are reportedly backing an $850M syndicated loan to its holding company parent, Port & Free Zone World
  • Yangzijiang posts record first-half profits
    CHINESE shipbuilder Yangzijiang Shipbuilding today announced record profits for the first half
  • Brightoil sees rise in Chinese demand
    HONG KONG-listed bunker supplier Brightoil Petroleum has reportedly forecast an 8-10% rise in Chinese demand for fuel this year
  • Ocean Tankers ships detained
    SHIPS belonging to Cypriot shipping outfit Ocean Tankers are understood to have been detained as their owner faces financial difficulties, Fairplay has been told
  • STX Pan Ocean returns to profits
    STX PAN Ocean said today it returned to profits - but barely - during this year's second quarter

The Journal of Commerceweb site
AUGUST 11, 2011
  • Obama to Congress: Send Me a Highway Bill
    President Obama urged Michigan factory workers on Thursday to "tell Congress to get past their differences and send me a...
  • Survey Sees Major Shift of Truck Freight to Intermodal
    Shippers shifted freight from all-truck modes to intermodal at the fastest pace in years during the second quarter, according to...
  • US Trade Deficit Balloons to Three-Year High
    The U.S. trade deficit rose in June to its highest level since October 2008 as soft overseas demand reduced industrial...
  • Saddle Creek Adds Chicago, Jacksonville Sites
    Saddle Creek is adding facilities in Chicago and Jacksonville, Fla., expanding its network of contract logistics and distribution centers by...
  • Hapag-Lloyd Profit Plunges 87 Percent
    Hapag-Lloyd's second quarter profit tumbled to 26 million euros ($37 million) from $294 million in the second quarter of 2010...
  • DOE Awards $175 Million for Vehicle Fuel Projects
    The Department of Energy distributed $175 million in fuel efficiency research awards to 40 "advanced vehicle" projects following President Obama's...
  • Seaspan Takes Third 13,100-TEU Ship
    Container ship owner-charterer Seaspan took delivery of the third in a series of eight ships with capacities of 13,100 20-foot-equivalent...
  • Logistec to Expand, Modernize Brunswick Terminal
    Logistec USA will invest $5 million in Georgia's Port of Brunswick to expand its capacity to handle exports of biomass...
  • Bulk Truckers Grew 12.3 Percent in 2010
    The nation's top bulk trucking companies increased revenue 12.3 percent in 2010, with combined sales reaching $3.1 billion, according to...
  • RailAmerica Carload Traffic Falls 6.8 Percent
    Weaker coal traffic pushed rail carloadings down 6.8 percent in July at short line operator RailAmerica compared to the same...
  • Green Alliance Cuts Halifax Port Call
    The Green Alliance, formerly known as the CKYH alliance, will discontinue in September its weekly container service to the Port...
  • Congestion Worsens at Port of Chennai
    Singapore-based ocean carrier APL said it is struggling to connect exports via terminals in India's Port of Chennai because of...

Containerisation Internationalweb site
AUGUST 11, 2011
  • Hapag-Lloyd still sees operating growth Q2 11
  • Textainer powers ahead in H1 11
  • 100% scanning 'unlikely' to meet 2012 deadline, say commentators
  • Europe/sub-Saharan Africa trade surge
  • Falling bunker prices help hard-pressed liners

TradeWindsweb site
AUGUST 11, 2011
  • Irving pursues expansion
    Offshore affiliate of Canadian transport giant is on the lookout for tonnage following acquisition of Italian anchor-handler.
  • Cancellation stings Otto
    Singapore-listed shipbuilding and offshore syndicate sees red in the second following collapse of Mosvold Supply AHTS order.
  • Cantor upgrades Navios
    Bulker stock drop has created "the perfect entry point" if you are looking to snap up shares of Navios Partners, analyst says.
  • TEN springs buyback
    Tsakos Energy Navigation prepares to splash $20m on stock despite tanker market turmoil.
  • Derivatives tip TOO
    Second-quarter loss swells at Teekay Offshore as swaps trump surge in revenues.
  • Teekay LNG slips into loss
    Gas carrier and tanker owner hit by losses on interest rate swaps and suezmax derivative deal.
  • Teekay Corp still red
    New York-listed tanker giant racks up another loss in poor markets, but LNG provides bright spot.
  • SinOceanic turns it round
    Oslo-quoted ship investment company returns to profit in second quarter.
  • Bad times good for some
    Sovereign debt crisis reinforces Wolfgang Driese's resolve to keep DVB Bank focussed on ship and transport finance.
  • TUI cruise loss grows
    German cruiseship operation struggles with cost of fleet expansion in first nine months.
  • SCF denies Libyan deal
    Sovcomflot says it has no involvement in the purchase of tankers from Libya.
  • Record Noble figures in 1H
    Commodities and shipping conglomerate Noble Group reported record figures.
  • Cargoship grounds
    Tug and rescue boat head to scene as Turkish vessel Sun-S gets stuck in Strait of Cannakale.
  • Maersk boosts capacity
    The world's largest containership operator is about to get even bigger by expanding the size of its existing post-panamax fleet.
  • Top dry fleet back in profit
    STX Pan Ocean in optimistic mood despite tough times in its core dry cargo market.
  • Hope for bulker crew
    Seafarers on Korean ship stuck off Chennai for 17 months could go home soon after judge steps in.
  • SITC reports lower profit
    Hong Kong-listed containership company SITC reported a lower profit for the first half.

American Shipperweb site
AUGUST 11, 2011
  • Box overboard!
  • Yusen Logistics makes senior appointments
    As part of the ongoing restructuring since the merging of two NYK Group companies in April 2011, Yusen Logistics (Americas) Inc. has made several changes to the management team in its Transportation Division. John Lucas, senior vice president and g...
  • Study: 675 containers a year lost at sea
    The main industry group for the liner shipping industry said a study of containers lost at sea finds far fewer are lost than in some reports. The World Shipping Council (WSC) said Wednesday that based on survey results it estimates that "on averag...
  • Fuel, economic uncertainty reduce Hapag's profits
    The container line Hapag-Lloyd had first half operating profits of $41 million, an 88.1 percent drop from the same period in 2010, the line said in its interim financial statement released Thursday. Hapag-Lloyd said "a declining freight rate and s...
  • Hyundai joins big-ship fray
    Liner carrier Hyundai Merchant Marine this week placed an order for five 13,500-TEU ships with a South Korean shipyard, becoming the latest line to order ships of this size. The vessels would be the largest in the carrier's fleet, and would help i...
  • CMA CGM raises rates, peak season fees
    CMA CGM said Wednesday it plans to raise rates on a number of trades from mid-August through mid-September. The increases are: ' $200 per 20-foot container and $400 per 40-foot container from Pakistan and India to northern Europe and Mediterranean...
  • Maersk increases vessel size on Safari service
    Maersk Line has raised the capacity on a service linking China and South Africa by increasing the size of its vessels used on the service, according toAmerican ShipperaffiliateComPair Data . The average vessel size on Maersk's Safari 1 service, on ...
  • Cathay's first-half profits hurt by fuel costs
    Cathay's first-half profits hurt by fuel costs Cathay's first-half profits hurt by fuel costs Hong Kong-based Cathay Pacific airline said Wednesday its cargo business revenue climbed 8.7 percent in the first half of 2011, though the airline's tota...
  • Virgin Cargo's volume rises 17%
    Virgin Atlantic Cargo said Wednesday its fiscal year revenue rose 39 percent, to $362 million, on a 17 percent increase in volume. The airline carried 227,000 tons during its fiscal year ending June 30. Virgin didn't release profit figures for its...
  • DHL starts Southeast Asia truck services
    DHL Global Forwarding said it has reorganized its trucking services connecting Singapore, Malaysia and Thailand into a suite of three new and improved services: DHL ASIACONNECT, a less-than-truckload (LTL) scheduled service; DHL ASIALINE, a full-lo...

The Bunker Bulletinweb site
AUGUST 11, 2011
  • Fujairah prices firm
    Little movements in Suez bunker prices.
  • Singapore fuel oil stocks dip
    Bunker demand expected to rise on the back of lower prices.
  • Fuel oil prices stable in Rotterdam and Hamburg
    IFO 180 cSt product tight in Rotterdam.
  • 'Fuel-guzzling vessels scrapped'
    STX Pan Ocean Co back in profit.
  • ICS and ISF announce conference speaker line-up
    Agenda includes solutions for reducing emissions and a special presentation by an Arctic explorer.
  • Bulgarian court allows refinery to keep operating
    Lukoil's refinery key provider to Bulgaria's bunker market.
  • Player predicts '8% growth' in China's bunker demand
    Forecast from Brightoil executive lower than other recent estimates.
  • US shipping company predicts 'continuing operating losses'
    Posts $11.1 million Q2 loss despite higher income following higher-than-expected bunker price increases.
  • Q2 profits slump on high bunker prices
    Hapag-Lloyd says freight rates slipped in Q2.
  • IFO prices show firming trend
    Supply of bunker fuels sufficient at major Asian ports.
  • Sinopec Zhoushan starts operations at Taizhou
    Provides 380 cSt grade and MGO at Taizhou port.
  • Weekly stocks of fuel oil at South China stable
    Stocks account for 71% of the total storage capacity in the region.
  • Yangzijiang posts record performance in H1
    'Robust demand' for fuel efficient and eco-friendly vessels.
  • Japanese shipyard develops fuel saving bulk carrier
    A 200,000 dwt G-Series bulk carrier will be able to save over 10 mt of bunkers per day.
  • Aegean Q2 profits plunge 73%
    Marine fuels sales volumes down 7% to 2.64 million mt in Q2 2011 from 2.83 million mt sold in Q2 2010.

›››File
FROM THE HOME PAGE
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
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