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BRIEFS
May 13, 2011
The Business Timesweb site
Shipping News
  • Boat Asia 2011 opens large and luxe
    Boat Asia 2011 opened yesterday, larger and more luxurious with several more firsts under its belt.
  • Norden keeps outlook after Q1 profits fall
    Danish shipping line D/S Norden reported a smaller-than-forecast drop in operating profits for the first quarter, hit by a steep drop in dry-bulk spot rates, and said 2011 remains a challenging year. Earnings before interest and tax (Ebit) fell to US$30.0 million in January-March from US$68.6 million in the first quarter last year, the dry cargo and tanker shipping company said yesterday.

Sched Netweb site
  • OOCL and NYK cement charter deal for four 13,000-TEU ships
  • Maersk increases piracy surcharge to US$200-$500 to pass on rising costs
  • Hapag-Lloyd pre-tax profit up 140pc, but obligations drag net into loss
  • Hanjin loses US$11 million on low rates, oversupply - despite rising volumes
  • Shanghai container index up on all routes, but Asia-Europe
  • FMC to hold secret session on value of freight rate derivatives
  • China coastal shipping suffers from overcapacity and high yuan
  • Shanghai's Japan import growth declines in March
  • Chongqing handles 85,000 TEU of international cargo in first quarter
  • Doha trade round fails to deliver, say US trade groups
  • Emirates adds south China calls to Asia-Africa loop
  • Deutsche Post DHL posts first quarter profit of US$462 million
  • American Feeder Lines to make weekly calls on once mighty Halifax
  • Bunker surcharges expected to surpass record highs this summer
  • Feb NAFTA trade increases 11.8pc, US-Can up 10pc - US-Mex up 14pc
  • Sri Lanka's Colombo struggles with capacity, expansion plans underway
  • Drewry air freight index recovering after year-on-year decline
  • China Southern's Xiamen Airlines orders six 787 Dreamliners from Boeing
  • Qantas engineers call off strike, but flight cancellations remain
  • TIACA appoints four more heavy hitters to 'already strong' board

Exim Indiaweb site
  • A. S. Shipping Agency donates mobile van to Dr Agarwals Eye Hospital
  • Arshiya registers 56 pc jump in FY 11 consolidated revenue
  • Hindustan Cargo is truly a company with a social cause
  • Maersk vessel makes maiden call at ICTT as part of new service
  • Maritime security firms form code of conduct & ethics
  • NSCSA adds Mundra call to regular liner service
  • NYK & OOCL finalise charter agreement for four 13,000-TEU vessels
  • Adani Enterprises net profit zooms in Q4 & FY 11
  • Cabinet Committee on Infrastructure approves dry bulk terminal off Tekra
  • Nhava Sheva CFS blaze put out
  • Govt to limit cotton yarn exports once again
  • New PPP policy will not be too rigid: Gopalan

International Transport Journalweb site
MAY 12, 2011
  • Call for third Hong Kong runway
    The Hong Kong Association of Freight Forwarders and Logistics (Haffa) believes that the two runways at Hong Kong airport, the world's largest airfreight hub, will only be able to h...
  • Transaero fleet expands to 60 aircraft
    Russia's Transaero Airlines has increased its fleet to 60 aircraft after taking delivery of new generation Boeing B747-400 wide-body long-haul equipment. With its 15th aircraft of ...
  • AA Cargo adds direct uplift between Finland and Chicago
    American Airlines Cargo (AA Cargo) has launched a new direct service between the Finnish capital Helsinki and Chicago IL (USA). The route, operated by B767-300, is the latest expan...
  • Railcargo Austria posts loss again
    Railcargo Austria, the railfreight arm of Austria's state railway OeBB, posted a loss of EUR 353 million in 2010. The result led to a consolidated deficit of EUR 330 million f...
  • Australian railway company orders new locomotives
    The rail service provider Genesee & Wyoming Australia has ordered nine 4,400 hp locomotives and plans to order more rolling stock and other facilities. This takes the company's...
  • Germany: increase in new truck registrations
    A total of 31,000 commercial vehicles were newly registered in Germany in April, 13.7% more than in the same month in 2010. The number of new tractors leapt by 48.5%, and...
  • Renault Trucks opens branch office in Tunisia
    The French commercial vehicle manufacturer Renault Trucks is opening a branch office in Tunisia called 'Renault Trucks Tunis. To date Ennakl Automobile Importeur was the official r...
  • The ITJ team and "Heidi J" awaiting you in Munich
    The ITJ and its editorial and sales staff would like to accord you a warm welcome to the transport logistic trade fair, the world's largest exhibition for transport and logistics w...
  • Martin Bencher Group opens new office in Sao Paulo
    The Martin Bencher Group, a Denmark-based professional shipping and forwarding service provider, opened a new office in Sao Paulo (Brazil) on 6 May. The facility is managed by Mikk...
  • Presented: Antwerp-Chongqing rail connection for cargo
    A rail connection for moving cargo between Antwerp and Chongqing (China) was recently presented in Antwerp (Belgium). The project was established in 2010 by POM Antwerp (Devel...
  • The European Marine Equipment Council elects new board
    The European Marine Equipment Council (EMEC) has appointed its new board as follows: Lars Gorvell-Dahll (Kongsberg) was chosen as president and Dirk Lehmann (Becker Marine Systems)...
  • Duisport and Currenta step up collaboration
    The duisport group (Duisburger Hafen AG) and the chemical park operator Currenta GmbH, a joint venture between Bayer AG and Lanxess Deutschland GmbH, want to intensify their excell...
  • Japan's shipping lines' prognoses for current financial year down
    The three Japanese deepsea shipping lines, NYK, K Line and MOL, are all expecting to have their 2011 profits dented by the impact of the earthquake that hit the country in Mar...
  • Maersk Line to raise rates on Asia-Europe route
    The Danish carrier Maersk Line is raising the rates on the Asia to Europe route by USD 250 per teu on 1 June 2011. The increase will apply to all dry and reefer cargo moving from a...
  • VW wants to take over MAN entirely
    Germany's Volkswagen corporation (VW) and Scania want to take over the commercial vehicle manufacturer MAN. VW already owns around 30% of MAN's shares and has made a suitable takeo...

Marine Logweb site
MAY 12, 2011
  • House reverses Gulf drilling moratorium
  • Olympic Shipping orders third MT 6015 at Kleven
  • MAIB issues report on containership elevator fatality

World Wide Shipperweb site
MAY 12, 2011
  • The Greenbrier Companies making management changes
  • NYK joining OOCL to charter four box chips
  • Port Metro Vancouver expects big surge in cruise passengers
  • ATA taps Jamie Hammons as regional vice president
  • US inks deal with China for enhanced trade security

Lloyd's Listweb site
MAY 12, 2011
  • Pick-up in Indonesia coal demand keeps supramaxes afloat
    Bright spot in a languishing market is pickup in coal demand bound for India's east coast
  • Transatlantic medium range tanker rates set to fall further
    Earnings nudge down as ballasters crowd into northwest Europe
  • Norden predicts daily MR tanker earnings of $13,000
    Denmark's Norden, which has 37 product tankers alongside its dry bulk fleet, has predicted that earnings for its tankers will total around $13,000 per day in the next two years
  • Panamax charter rates lose ground
    Prices fall despite optimistic mood from dry bulk owners at Mare Forum Italy
  • China eyes more Arctic business
    Norwegian shipowner also keen to encourage two-way traffic on northern sea route
  • MAIB warns of danger in lifeboat davits proximity switches
    Malfunction identified as cause of fatal accident on car carrier Tombarra
  • Maersk boss cautions against fair-weather investments
    Weaker players who seek short-term returns can undermine market, but are then more likely to disappear
  • Teekay Offshore Partners promises bigger dividends
    Boost to cash distribution in the first quarter
  • Teekay LNG Partners hints of asset acquisitions
    Activity picking up in LNG sector, says chief executive Peter Evensen
  • Contract cover allows Teekay Tankers to sustain dividends
    Company achieves $0.25 a share against weak spot market
  • Wilh. Wilhelmsen profits ride a rollercoaster
    First quarter surges 31% year on year but is down sharply on last three months of 2010
  • Hapag-Lloyd in the red as soaring bunker costs hit earnings
    Carrier warns of tougher competition to come in second quarter
  • Higher revenues for Aegean but profits fall
    Bunker operator posts solid first-quarter results, though rising fuel costs hit operating profit
  • APMT hit by political and climatical events
    Unrest in Arab countries and Japan's quake cost terminal operator $12m
  • Teekay losses double amid low spot rates and tonnage oversupply
    Diversity prevents company from being worse hit as 'challenging' year begins, says new chief executive
  • Gratsos urges owners to insist on 'more profitable' fuel-efficient ships
    Yards 'need a kick' to abandon gas-guzzling designs, claims chamber president
  • MISC full-year profits more than double from previous 12 months
    Malaysian shipping group posts improved bottom line after selling ships and subsidiary
  • HCI Capital and Lloyd Fonds end first quarter still in the red
    KG companies continue to suffer
  • Analysts back Transocean despite weak results
    Dahlman Rose blames perception of potential Deepwater Horizon liability for low ratio enterprise value
  • Time is ripe for new LNG pricing model in Japan
    The case for cutting the link between natural gas and oil prices may seem incontrovertible, but there is is no alternative mechanism on the drawing board
  • Sale of Malta Freeport proves tricky
    As CMA CGM seeks buyer for transhipment hub, wisdom of shipowners investing in ports is questioned
  • Croatia's shipyards struggle to find investors
    Efforts to find backers hampered by constraints imposed by EU membership
  • Amlin concerned over Netherlands-based insurance unit
    While London marine market rates rise, ACI's prospects are poor as premium tumbles in first quarter
  • STX Pan Ocean reports $48m loss
    South Korean shipping company blames dry bulk market depression and rising fuel costs for hitting sales increase of 4.7%
  • Norden weathers dry bulk 'perfect storm'
    Hedging strategy helps company return first-quarter net profit of $69m
  • Hanjin Shipping sees net loss of $97m
    Asia-Europe competition hits boxship business, but bulk operations record $17m operating profit
  • ICTSI net profit jumps 25% to $28.5m
    Growth due to economic recovery in key markets and solid performance in Asian ports

Fairplayweb site
MAY 12, 2011
  • Two killed in yard blast
    TWO MEN were killed in a shipyard blast in western Singapore this afternoon
  • Qatargas threatens Europe
    QATARGAS has threatened to redirect LNG supplies away from Europe if importers there continue to rely on spot markets, IHS World Markets Energy reported today
  • StealthGas selling four ships
    NASDAQ-listed StealthGas is selling four LPG carriers for a total $26M as it works to purge older vessels from its tanker fleet
  • Norden defies its gloomy '11 forecast
    DS NORDEN today reported a 10% first-quarter rise in profits, defying its own February prediction of "a mediocre year"
  • LNG unit powers Repsol
    REPSOL of Spain said today its net profits rose in the first quarter, powered by a 238.2% rise in operating income from its LNG division
  • France to replace rescue tug
    FRANCE is planning to move a rescue and assistance tug to the Dover Strait after the UK decided not to renew the charter of another rescue tug covering the area
  • STX Europe swings to black
    STX EUROPE returned to profits in the first quarter, despite a drop in revenues
  • STX Pan Ocean slips
    STX PAN Ocean said today it lost $48.7M in 1Q2011, reversing profits of $20.17M for that quarter last year
  • IEA turns negative
    TODAY'S monthly forecast from the International Energy Agency has trimmed the oil demand outlook, citing higher pump prices and weaker economic growth
  • LNG shipping feels impact from Medgaz
    SPAIN'S LNG imports dropped 9% in April, the first full month that the alternative Medgaz pipeline has operated, IHS World Markets Energy reported today
  • MISC loses $102.7M
    MISC SAID today that it lost 307.9M ringgit ($102.7M) for its fourth quarter ending 31 March, reversing net profits of 196.4M ringgit for the same period last year
  • Hanjin to cut after losses
    HANJIN Shipping said today it plans "cost-cutting measures" after revealing operating losses for the first quarter of $11M - despite total sales of nearly $2Bn
  • Seven bid for Vanino
    RUSSIA'S FAS anti-monopoly office has said seven companies have formally applied to bid in the auction - closing today - of the government's 55% port shareholding in Vanino
  • Tallinn boosts volumes
    ESTONIA'S port of Tallinn has announced that it handled 3.63M tonnes last month, a 12.7% rise year on year
  • Wilh Wilhelmsen posts jump in profits
    NORWAY'S Wilh Wilhelmsen Holding today said its net profits rose to $22

The Journal of Commerceweb site
MAY 12, 2011
  • Panama Canal Receives Bids for New Bridge
    The Panama Canal Authority received six proposals Tuesday from design and engineering companies or consortia around the world for the...
  • Railroads Bulk Loads Fall, Intermodal Grows
    Carload traffic on North America's largest railroads slipped 1 percent in the most recent week, extending a slide the rails...
  • Senators Propose Extending TIGER Grant Program
    A bipartisan group of senators is proposing legislation to extend the Department of Transportation's TIGER grant program through fiscal 2018,...
  • Panalpina Adds Second Hong Kong-Huntsville Flight
    Forwarder Panalpina is expanding its scheduled freighter operations through Huntsville, Ala., with a second weekly service connecting the city to...
  • DHL Converting Aircraft for Europe Fleet
    DHL Express will modernize its fleet in Europe with the acquisition of 13 A300-600 passenger aircraft and conversion of the...
  • Cargo Rebounds at Hong Kong Airport
    Hong Kong International Airport's freight volume 6.2 percent in March over the same month a year ago as expedited shipping...
  • Retail Sales Rise 0.5 Percent in April
    Retail sales rose for the 10th straight month in April, driven by higher prices at gasoline stations and grocery stores,...
  • Greenbrier Taps Eitzen to Head Rail, Marine Units
    Railcar and barge manufacturer Greenbrier Companies named Mark Eitzen as vice president and general manager of its Gunderson factory in...
  • Japanese Exports Still Declining After Disasters
    Japan's exports to the rest of the world are still sinking in the wake of the devastating earthquake and tsunami...
  • Japanese Freight Forwarders Expand in Indochina
    Two Japanese international freight forwarders expanded their operations into Indochina, a Southeast Asian region sandwiched by two Asian giants --...
  • ILWU Working to Keep California Ports Competitive
    The International Longshore and Warehouse Union has a reputation of militancy, but a Southern California union official said recent history...
  • Hanjin Container Losses Grow to $28 Million
    Hanjin Shipping lost $28 million on container operations in the first quarter, compared with $23 million a year earlier, as...
  • NYK to Charter New OOCL Ships in Grand Alliance Upgrade
    NYK will charter another four vessels with capacities of 13,000 20-foot equivalent units from OOCL under a new agreement between...
  • India's Tariff Authority Orders Port Rate Reduction
    India's Tariff Authority for Major Ports ordered a 35-percent reduction in the scale of rates currently applied by Chennai Container...
  • CMA CGM Discussing Sale of Stake in Malta Hub
    French ocean carrier CMA CGM is in talks over the sale of a minority stake in Malta Freeport Terminals, one...
  • Hapag-Lloyd Raises Trans-Atlantic Rates
    Hapag-Lloyd announced general rate increases effective July 1 for all cargoes and container types for the North Atlantic and Europe-Mexico...
  • Hapag-Lloyd Slides to $31.8 Million Loss
    Hapag-Lloyd fell to a $31.8 million loss after interest and taxes in the first quarter despite an improvement in operating...

Containerisation Internationalweb site
MAY 12, 2011
  • APM T's Fejfer demands 'above market' rates of growth
  • Maersk expects 'challenging Q2', but 'above market profitability'
  • Seacube stays strong
  • CMA CGM confirms Malta talks
  • NYK to charter 13,000TEU newbuilds from OOCL

TradeWindsweb site
MAY 12, 2011
  • Cido sale ignites buzz
    Market chatter fingers AP Moller-Maersk and Navios as top contenders in acquisition of 20 Asian products tankers.
  • StealthGas cleans house
    Harry Vafias at the helm as Nasdaq-listed owner sheds four LPG carriers in anticipation of reinforcements.
  • Offshore helps STX Europe
    Korean-owned yard group boosted in first quarter by increased demand in oil and gas support vessel sector.
  • Teekay margins squeezed
    Peter Evensen-led tanker player's woes continue as first quarter deficit spirals downwards.
  • Navios repeats notes trick
    Angeliki Frangou-led tanker owner plots $105m swoop to fund the last of its seven VLCCs.
  • TOO war chest intact
    Teekay Corp shuttle tanker wing poised to pursue growth with $380m worth of firepower following first quarter win.
  • Tough for Teekay LNG
    Tanker and gas carrier arm of Teekay group sees Q1 profit slashed as exchange loss hits home.
  • Teekay Tankers tops bets
    Bruce Chan-led owner toasts lending coup and also thanks Libyan trouble for stronger than forecast first quarter.
  • Hurtigruten stays upbeat
    Record passenger numbers in the first quarter but Oslo-listed company remains in the red.
  • Olympic back at Kleven
    Stig Remoy-led owner contracts third supply ship at Norwegian shipyard.
  • Yard sale helps MISC
    Malaysian shipping giant's annual profit boosted by Malaysia Marine listing, but fourth quarter proved a struggle.
  • 'No Maersk LNG bid'
    Carsten Mortensen says Danish owner will not be in the running to buy rival's gas ships as it sights bulker and tanker openings.
  • Olsen loses wind charter
    Oslo-listed company has $40m wind vessel contract blown away but gets $1.35m compensation.
  • Two killed in blast
    Workers die in explosion on barge at Haosen Marine in Tuas area of Singapore.
  • U-Ming earnings slump
    Taiwanese bulker owner's profit slashed in first quarter as revenue falls.
  • Oslo blow for quoted pair
    Jinhui and BW Offshore slip off prestigious Oslo Bors Benchmark Index to be replaced by a couple of companies from the Fredriksen Group.

American Shipperweb site
MAY 12, 2011
  • OOCL expanding Scandinavian loops
    Liner carrier OOCL said Thursday it is adding two calls and capacity to its two-loop Scandinavian Express (SBX) service. The line said the SBX2 loop will add a call at Kotka in Finland and a second call in St. Petersburg to give a revised rotation...
  • MOL's Q1 transpacific reliability suffers
    MOL's Q1 transpacific reliability suffers MOL's Q1 transpacific reliability suffers Liner carrier MOL said this week its on-time performance worsened in the first quarter on the transpacific and transatlantic trades, but improved between Asia and ...
  • NYK to charter 4 of OOCL's new big ships
    NYK to charter 4 of OOCL's new big ships NYK to charter 4 of OOCL's new big ships NYK Line said Thursday it has entered into an agreement with fellow liner carrier OOCL to charter four of the 13,000-TEU ships OOCL has ordered in recent weeks. OOCL...
  • Hanjin sinks to $28 million Q1 loss
    Korean container line Hanjin Shipping suffered a $28 million first quarter operating loss, despite revenue increasing 19 percent to $1.6 billion. The loss was more acute than the $23 million the line lost in the first quarter of 2010. Hanjin's con...
  • Hapag-Lloyd books $23 million Q1 profit
    German container line Hapag-Lloyd said Thursday it made $22.9 million (16.1 million euros) in the first quarter, a 140.3 percent increase on the same period in 2010. Revenue for the line increased 16.5 percent to $2.1 billion (1.5 billion euros) a...
  • Japan/North America capacity drops
    Allocated capacity from Japan to North America has fallen markedly since early April, according to figures from American Shipper research affiliate ComPair Data. Allocated capacity -- that is, ComPair Data's estimate of the portion of vessel capac...
  • 'A cultural change'
  • Ports and Terminals
  • Carriers' 1st quarter
    Hapag-Lloyd books $23 million Q1 profitGerman container line Hapag-Lloyd said Thursday it made $22.9 million (16.1 million euros) in the first quarter, a 140.3 percent increase on the same period in 2010. Hanjin sinks to $28 million Q1 lossKorean c...
  • US trade grows
    U.S. exports up 4.6% in MarchThe U.S. Commerce Department on Wednesday reported the country's exports of goods and services in March increased 4.6 percent from February 2011 to a record $172.7 billion. The monthly increase in the export value for ...

The Bunker Bulletinweb site
MAY 12, 2011
  • Fujairah market softens
    In Cape Town deliveries available for supply up to and including May 26.
  • Move to subsidise fuel costs under attack
    Help for European fishing fleets will encourage 'fuel intensive, environmentally damaging fishing practices.'
  • Prices fall in Rotterdam and Hamburg
    Some suppliers fully booked in Piraeus.
  • Onshore fuel oil stocks slightly lower
    Arbitrage volumes to slacken in June.
  • Hedging deals boost Norden's Q1 results
    But 2011 'is still expected to become a challenging year'.
  • LNG supply network 'will come quickly'
    Small Norwegian company that has pioneered LNG supply to ships demonstrates potential for more widespread use.
  • Wilh. Wilhelmsen back in profit despite rising bunker prices
    'The underlying market development is positive,' says Jan Eyvin Wang, president and CEO of WWASA.
  • Captain was playing video games in run-up to grounding
    Tugboat spilled 6,400 gallons of bunker fuel after hitting Exxon Valdez reef.
  • Double-digit losses in key Asian ports
    'Average' demand across key Asian bunker hubs on Thursday.
  • Marine biofuel programme takes off in France
    Ennesys SAS working in project financed by state authorities to produce marine biofuel for fishing vessels.
  • TEN posts narrowing net profit in Q1
    Company's aframaxes and product carriers 'hard hit' by rising bunker costs.
  • NYK fleet introduces improved version of IMO's EEOI
    Nippon Kaiji Kyokai (ClassNK) issues Prime Ship-GREEN/EEOI to NYK fleet.
  • Mexican bunker supplier secures funding for expansion
    Fund to be used for installation of additional infrastructure.
  • Japanese company starts study on solar, wind power for large vessels
    'Aquarius System will play an important role,' said Fukuoka-based Eco Marine Power.
  • Rising bunker prices hit TBS International earnings
    'Continued weakness' of freight rate, together with other factors further affect TBS earnings.

›››File
FROM THE HOME PAGE
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.
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.
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%.
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
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