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BRIEFS
March 14, 2011
The Business Timesweb site
Shipping News
  • China launches ship trading price index
    China issued its first ship trading price index on Saturday in Beijing as it aims to provide more information on price fluctuations for ship traders and industry supervisors.
  • Nigeria approves national shipping carrier
    The Nigerian Maritime Administration and Safety Agency (NIMASA) has been given approval to establish a national carrier, a top government official has said.

Sched Netweb site
  • Japan's 8.9 earthquake paralyses logistics in Japan
  • Yangtze cargo tops the world for sixth straight year
  • If rate rises prove too sticky, expect surcharges: analysts
  • Zim to raise Asia-Europe rates US$250/TEU from April
  • Shippers' calls for anti-trust laws 'emotional' and outmoded: TSA
  • Hutchison, Carlyle final bidders for 75-year Galveston terminal
  • Taicang's direct shipping cargo to Taiwan up nearly 90pc
  • Hamburg Sud ups EC North America-Europe rate US$125/TEU
  • Germany's North Sea Eurogate pitched as Asia-Europe trade hub
  • Hainan PO Shipping opens in Singapore, offers China SE Asia-Mideast service
  • DHL net profit increases 288pc to US$3.4 billion in 2010
  • US truck rates expected to continue increasing in 2011
  • India's ports see cargo growth of 1pc from April-February
  • Toll Global Forwarding seeks bigger air cargo market share
  • Qantas, AA expand codeshare on N America, Australia routes
  • Amsterdam, Incheon airports join IATA e-freight scheme

Exim Indiaweb site
  • APMT Inland Services celebrates Safety Week
  • Carriers' need for information exchange stressed at maritime conference
  • Govt reveals gameplan to counter piracy menace
  • Pirates make coal dearer for Indian users
  • Chinese firm to buy 3,000 t soyameal from ITC
  • Marine exports up by 20 pc in Dec.
  • NTPC to directly import 4 m tonnes of coal
  • Pulses imports down to 1.61 million tonnes in April-Oct.
  • All ports in Japan shut down, say shippers
  • Cochin Port augments CFS & pre-stage facilities to support Vallarpadam ICTT
  • MoS for relocating transloading work to safer Kanika Sands
  • MoS to disinvest stake in Cochin Shipyard, Ennore Port
  • Workers threaten stir against Major Port corporatisation
  • BCHAA organises team building programme for members
  • BP-RIL deal may inspire new oil, gas investors
  • Forex reserves climb by $1.8 bn to $302.59 bn
  • KASEZ marks 47th Foundation Day
  • Onion MEP down to $ 350 per tonne
  • Double-dip recession possible if oil hits $ 140: Roubini
  • EU Chambers organising business trip to Central Europe in May
  • Shortage in China pushes cotton prices to new high

International Transport Journalweb site
MARCH 11, 2011
  • Turkish augments freighter fleet
    Turkish Cargo, the sponsor of the International Air Transport Association (Iata)'s fifth World Cargo Symposium, which was held in Istanbul and ended yesterday (10 March), has order...
  • ABC uses Traxon cargo data management portal
    Moscow headquartered AirBridgeCargo Airlines (ABC), the biggest Russian scheduled all cargo airline, has extended its cooperation with Traxon Europe, an international e-communicati...
  • GVK now majority stake holder in MIAL
    GVK, a Hyderabad (India)-based diversified business entity with a focus on infrastructure and urban infrastructure projects, has signed an agreement to buy a 13.5% stake in Mumbai ...
  • Tirsan delivers 32 vehicles to Boytrans
    The Turkish trailer manufacturer Tirsan has delivered 32 vehicles to Boytrans Lojistik, a service provider located in Kayseri in central Anatolia (Turkey). The new units encom...
  • 100'000th train through the L'tschberg tunnel
    A BLS train was recently the 100,000th to travel through the L'tschberg deep level tunnel in Switzerland. The train was operating a rolling motorway service for ...
  • Rotterdam's port authority finds new CFO
    The Port of Rotterdam authority will be able to fill the position of chief financial office (CFO), which has been vacant since the beginning of the current year. With effect from 1...
  • Construction work on the UAE's first national rail network to start this year
    According to media reports in the United Arab Emirates, construction work on the UAE's first national rail network is set to start in mid-2011. The project foresees building a tota...
  • Renk: MAN subsidiary registered strong order intake in 2010
    Renk AG saw its order intake soar by 79 % to EUR 525 million in 2010, thus surpassing the EUR 500-million mark for the first time. Its vehicle transmissions business sector&nb...
  • Grand Alliance relaunches JCX service
    The Grand Alliance members Hapag-Lloyd (HL), Nippon Yusen Kaisha (NYK), and Orient Overseas Container Line (OOCL) are enhancing their transpacific West Coast services. The Japan Ch...
  • Wincanton inks logistics contract with fashion label WDT
    The European contract logistics service provider Wincanton has signed a three-year contract with the British fashion label World Design & Trade (WDT). Wincanton will assume res...
  • SAEC's Reefer Express returns
    The seasonal weekly SAEC's Reefer Express (REX) service, which was launched three years ago to provide extra capacity during the South African peak fruit season, will be back for t...
  • New shipping line provides weekly Hamburg-east coast of South America link
    The containership "Hanjin Chennai" docked at the port of Hamburg (Germany) for the first time on 6 March 2011. The vessel operates a new joint service (ESE), sh...
  • DB Schenker Logistics to use GPS tracking for swap bodies
    Schenker Germany is introducing nationwide GPS tracking systems for all the swap bodies in its pool. The tracking system will enable the company to better support the logistic...
  • UPS: a tenant in Magna Park Rhein-Main
    The global logistics property developer Gazeley has signed a rental agreement with UPS for around 3,200 sqm of hall and office space at Magna Park Rhein-Main, 45 km north of Frankf...

Marine Logweb site
MARCH 11, 2011
  • USCG issues Port Security Advisory for Libya
  • Horizon Line staves off credit agreement default
  • Cecon ASA announces strategic developments
  • Davie Yards gets another extension of protection from creditors

World Wide Shipperweb site
MARCH 11, 2011
  • Number of tar balls discovered near wreck of DAVY CROCKETT
  • OOCL joining Yang Ming in new CIX2 service
  • Corps seeking public's help to ID intruder near Oregon dam
  • Horizon Lines reaches deal for new credit arrangements
  • Rail freight traffic numbers climb again during week

Lloyd's Listweb site
MARCH 11, 2011
  • The Week Ahead
    Dry bulk sector braced for delays and cancellations
  • Sovcomflot leads way as ambitions in harsh climes of the Arctic hot up
    The forward thinking style has highlighted the importance of harsh environments
  • BDI rally forecast to slide after 11th day of gains
    Panamax transatlantic rates hit $17,139 per day, but number of ships on the spot market rises
  • Capesize market left weighing up impact from Japanese earthquake
    'It's been a weird week' for struggling sector as brokers prepare for delays and cancellations
  • PTT charters aframax for $15,500
    Thailand's oil and gas company PTT has chartered the Dubai-owned, 2009-built, 110,000 dwt aframax Caspian Galaxy for six months at $15,500 per da
  • Primorsk oil deliveries redirected as ice disrupts Russian ports
    Russian pipeline monopoly Transneft said on Friday that it had redirected oil deliveries to the Black Sea port of Novorossiysk from Primorsk on the Baltic Sea, which is blocked by heavy ice
  • Over 3,000 vessels were positioned close to Japan tsunami
    Exclusive satellite tracking analysis reveals full extent of vessels close to epicentre
  • Japanese insurers brace for premium hikes
    Rate hikes likely to be unavoidable following devastating effects of tsunami
  • Get real on charter rates
    It is interesting to examine the apparent disconnect between containership charter rates and box freight rates
  • Shipping's new rich
    It is clear the Forbes Rich List will be filled with more new names with shipping connections
  • Horizon wins respite on debt refinancing
    Agrees deal with lenders over $533m debt
  • Los Angeles operations suspended
    Precautionary measure taken against Japan tsunami
  • Marseilles operations back to normal
    Riot police break up a month-long strike by workers at SNCM
  • Star Bulk re-charters Korea Line supramax
    Star Gamma enters new time charter with STX Pan Ocean
  • Torm gives assurance over loan convenants
    Looking at range of initiatives to avoid breaking loan covenants
  • Singapore companies sue Drydocks World
    Dubai World shiprepair unit sued for alleged non-payment of bills
  • Korea Line creditors line up ahead of bankruptcy hearing
    Nordea arrests second ship as Oldendorff makes new demand over K Daphne bunkers
  • HCI calls for package solution to Beluga affected ships
    Total of 20 ships in 17 funds issued by HCI are employed at the German heavylift carrier
  • APMT Yokohama box terminal shut
    Terminal closed for inspection but expected to reopen on Saturday
  • Owners unable to meet Europe emissions target
    Seek leniency on enforcement of 2015 rules
  • Congestion pushes up rates at St Petersburg
    Lines impose fees due to congestion caused by severe winter conditions
  • Bullying still widespread in shipping
    Survey says problem could add to recruitment and retention challenges in the industry
  • OFT to review Southampton import box fee
    UK forwarders approaches Office of Fair Trading to review the £3 surcharge
  • Malmö Ports car volumes surge 56%
    Port operator's car imports hit 322,000 units in 2010
  • Box lines reject sky high charter rates
    NOL to return six ships to their owners when charters expire this year due to 'extraordinarily high' asking prices
  • Just-in-time shippers warned over Japan quake impact
    Manufacturers dependent on Japanese parts may face supply chain breakdown
  • Dry bulk markets at risk from Japan ports shutdown
    Major earthquake halts discharging operations
  • Widdows vows to fight spread of freight derivatives
    Box freight derivatives 'dangerous and unhealthy' says NOL boss

Fairplayweb site
MARCH 11, 2011
  • OSG credit ratings cut
    CREDIT rating agency Moody's today graded down its assessment of tanker major Overseas Shipholding Group and warned of sustained market weakness
  • LNG price rise expected after quake
    A SPIKE in global LNG prices is expected after Japan was forced to shut down operations at nuclear power plants following today's earthquake and tsunami
  • KL charter terminations spread
    NASDAQ-listed Star Bulk today announced the termination of its Korea Line charter, mirroring yesterday's disclosure by Paragon
  • Cocaine haul leads to arrests
    SPANISH police announced today that they have arrested nine people over the seizure of 1.15 tonnes of cocaine that was shipped through the port of Tarragona
  • Drybulk hit from tsunami seen
    DRYBULK markets are likely to take a battering following the earthquake and tsunami that struck Japan today, according to Fearnleys
  • Carnival issues profit warning
    CRUISE giant Carnival Corp today pre-announced strong first-quarter results but slashed its full-year 2011 outlook by over $300M
  • US ports urged to halt operations
    THE US Coast Guard has recommended that terminal operators halt vessel loading and unloading at West Coast ports after a tsunami alert was issued
  • Beluga tonnage to be remarketed
    SHIPOWNERS and financiers of multipurpose vessels on charter to ailing project carrier Beluga Shipping have withdrawn further ships from the carrier
  • AIS antennae knocked out
    AIS ANTENNAE along the northern tip of Japan's main island of Honshu have been knocked out by the earthquake and tsunami that hit the country earlier today
  • Ashika crewman woke to flooded cabin
    A CREW member of Tongan ferry Princess Ashika has told a court that he awoke to discover his cabin was already flooded several hours before the ship sank, killing 74 people
  • Sinotrans profits rise
    A REBOUND in seaborne trade helped China's Sinotrans Shipping record operating profits of $116.3M last year, compared with $86.8M in 2009
  • DVB posts bumper profits
    GERMAN shipping bank DVB lifted its profits to a new high last year on the back of strong financing and consulting demand
  • Eni denies Libya oil loading
    ENI CEO Paolo Scaroni has stated adamantly that "no crude cargo has been loaded in Libya this week"
  • Quake hits Asian stocks
    ASIAN stock markets took a beating today after Japan was hit by its biggest earthquake in 140 years, but shipping stocks have remained fairly stable
  • Cigarettes seized in Oz
    AUSTRALIAN Customs and Border Protection authorities are preparing to lay charges after intercepting a large shipment of illegal cigarettes on Brisbane's docks

The Journal of Commerceweb site
MARCH 11, 2011
  • Homeland Security to Prevent Small Boat Attacks
    The Department of Homeland Security on Friday announced a strategy to plug one of the biggest breaches in maritime security:...
  • EU Trustbusters Raid Baltic Rail Freight Carriers
    European Union trustbusters raided the offices of transport firms in the Baltic region amid suspicions they are involved in a...
  • West Coast Ports Operating Smoothly
    UPDATED MARCH 11 AT 4:55 P.M. EST Operations at all West Coast ports were proceeding without interruption Friday afternoon,...
  • Retail Sales Rose 1 Percent in February
    U.S. retail and food sales posted a month-to-month gain of 1 percent in February, driven by strong auto sales, the...
  • Horizon Gets Lender Agreement, at a Price
    Horizon Lines said its lenders agreed to cancel a default triggered by the company's guilty plea to price-fixing in the...
  • OOCL, Yang Ming Expand China-Pakistan Services
    OOCL and Yang Ming plan to expand the port coverage of their joint China-Pakistan Express service and launch a new...
  • Yangtze River Report Author on Corridor Evolution (Video)
    Jon Monroe, author of the Yangtze River World Report, discusses the importance of this corridor and its evolution with JOC's...
  • MSC Restructures Two Asia-Europe Loops
    Mediterranean Shipping Co. said it is restructuring its Silk and Lion services from Asia to Europe, reducing transit times by...
  • Lufthansa Cargo Traffic Soars 25.2 Percent
    Lufthansa Cargo increased freight traffic 25.2 percent in February from a year ago. The German all-cargo carrier said...
  • Truck Orders May Signal Stronger Recovery
    The replacement of aging tractors and trailers, deferred for more than two years during the recession, is ramping up in...
  • Japanese Shipping Stopped by Earthquake and Tsunami
    Japan's shipping industry and services will be hit across the board by the massive 8.9 magnitude earthquake and tsunami that...
  • Obama Says US Prepared to Tap Oil Reserve
    President Obama said the U.S. is prepared to tap the Strategic Petroleum Reserve if needed to make sure enough oil...
  • Expanded Panama Canal to Face Tough Competition
    Container volumes moving through the Panama Canal will certainly increase when the canal is enlarged in 2014, but that does...
  • Port of Seattle's Yoshitani on Port Issues, Forecast for 2011 (Video)
    Tay Yoshitani, CEO of the Port of Seattle, discusses the port's growth rate forecast for 2011 as well as the...
  • Dropping Chassis
    I don't know if there's ever been a subject that so dominates discussion in the freight transportation industry with so...
  • Making a Valid Claim: Who Signs?
    Q: One of our clients had the following feedback from a carrier when he submitted his Over, Short or Damage...
  • Deep Impact
    As the Panama Canal expansion project draws closer to its 2014 completion date and the global economy recovers, ports along...
  • Capacity Concerns
    Ocean vessel capacity was the most pressing concern for shippers at last year's Journal of Commerce Trans-Pacific Maritime Conference. It...
  • FMCSA Extends Comment Period on EOBR Rule
    The Department of Transportation is giving the public more time to comment on a proposal that would require electronic onboard...
  • TSA Notes Challenges in International Screening
    The Transportation Security Administration is satisfied with its security screening program for goods shipped on domestic passenger airline flights, but...

Containerisation Internationalweb site
MARCH 11, 2011
  • Japan rocked by earthquake
  • DHL up but still struggling with logistics
  • GA to revamp its transpacific operations
  • DVB Bank posts record income
  • Drewry unmasks freight rates

TradeWindsweb site
MARCH 11, 2011
  • Shaerf sheds TBS title
    Boss of private-equity powerhouse AMA Capital says goodbye to board of TBS International.
  • FBR ups Euroseas
    Shares of Aristides Pittas-led owner top TradeWinds Shipping Index as analyst initiates upgrade.
  • Demolition derby
    Cash buyers conclude $10m worth of demo deals in India as recyclers mull new rules in Bangladesh.
  • Quake threatens rates
    Capesize bulker rates could plunge if reports of Japanese steel mill closures prove true, analyst says.
  • HCI in Beluga offensive
    German issuing house leads 55 companies in action group tasked with negotiating charters with Oaktree Capital.
  • KLC shreds Star contract
    Ailing South Korean owner rips up supramax charter with Akis Tsirigakis-led Star Bulk.
  • Greek bulker in drugs bust
    Vrontados "sure" that 20 crew are innocent as arrests and ship detention follow huge suspected cocaine find in Venezuela.
  • Horizon cut some slack
    US owner strikes deal with its lenders which will allow it room to pay a $45m anti-trust fine.
  • Ship missing after tsunami
    Vessel owned by Ishinomaki shipbuilder reportedly carried away with 100 people on board.
  • Finnlines ships blockaded
    Finnish dockers will not touch owner's vessels until Saturday in protest at redundancies.
  • Cecon forms new alliance
    Restructured Norwegian owner teams with Zafiro to target pipelaying contracts.
  • No end to Torm slide
    Stock continues to tumble at Danish tanker and bulker owner Torm as debt repayments loom large.
  • Libyan exile over
    Greek cargoship navigates to Malta using the heavens after 11 months in Misurata in cargo dispute.
  • Handysize values suffer
    Sale of Japanese-controlled vessel shows over a quarter has been cut from handysize price tags this year.

American Shipperweb site
MARCH 11, 2011
  • DOT proposes hazmat handling improvements
    The U.S. Transportation Department's Pipeline and Hazardous Materials Safety Administration (PHMSA) on Friday proposed a rule that would enhance worker safety when transferring hazardous materials to and from railcars and trucks. In specific, the ...
  • Roehl heads Beluga's global sales
    German heavy-lift carrier Beluga Shipping has appointed Joerg Roehl as head of global sales. Roehl Roehl, 40, will lead both the Beluga sales team, as well as the company's global agent network. For 20 years, he has worked in key sales management p...
  • Hearn heads APL's U.S. eastern region
    APL Ltd. has named George Hearn vice president and managing director for the U.S. eastern area.Hearn Based in Union, N.J., Hearn will be responsible for operations and sales in the East, as well as sales in the Southeast. He replaces Michael Noone,...
  • Zim to raise Asia/Europe rates
    Liner carrier Zim said this week it will raise Asia-to-Europe rates by $250 per TEU as of April 1. The increases apply to all origins in Asia, including the Indian Subcontinent, and all destinations in Europe....
  • Group calls for CMA CGM to cut Iran ties
    The group United Against Nuclear Iran (UANI) is asking French shipping company CMA CGM to "cease all business activities in Iran" as part of its campaign to prevent the Iran from possessing nuclear weapons. It is the second shipping company the gr...
  • Report: Transpacific lines unlikely to achieve GRIs
    Transpacific container liner carriers are unlikely to achieve rate increases when contracts are renewed this spring, said Neil Dekker, editor of Drewry Shipping Consultants'Container Forecasternewsletter. "On the transpacific, on the contracting s...
  • 'Too much capacity in the system'
  • Agency questions
    House appropriator questions CBP budget choicesThe chairman of the House Appropriations subcommittee on homeland security on Wednesday accused the Obama administration of using funhouse mirrors in its fiscal year 2012 budget request for U.S. Custom...
  • Export highlights
    U.S. January exports up 2.7% The U.S. Commerce Department reported Thursday that the country's exports of goods and services in January 2011 increased 2.7 percent from December 2010 to $167.7 billion. Study: Large U.S. shippers extend export reachA...
  • Free trade agreements
    USDA, industry press lawmakers on South Korea FTA The country's top agriculture chief said congressional approval of the U.S.-South Korea free trade agreement will expand farm exports to this Asian market by $1.8 billion annually. Hatch chides Whit...

The Scandinavian Shipping Gazetteweb site
MARCH 11, 2011
  • Chaotic situation in the eastern Gulf of Finland
    The ropax vessel Petersburg has been stuck in the ice off Ust Luuga since March 4, when she sailed from Ust Luga. Seanews.ru reported that she was still waiting for
  • Torm logs huge loss
    Danish D/S Torm had a terrible 2010, the weak product tanker market generated a major loss. Torm logged a USD 136 million loss before tax, including a USD 16

The Bunker Bulletinweb site
MARCH 11, 2011
  • Bunker prices mostly down as week ends
    Crude futures settle lower after a massive earthquake and tsunami hit Japan, the world's third-largest oil consumer.
  • Prices fall in Fujairah
    Competition among suppliers push prices down.
  • Estonia toughens up waterway oil handling regulations
    Government has approved amendments to existing regulations for bunkering and ship-to-ship transfers.
  • Overturning sulphur limits 'impossible'
    European Community Shipowners' Association calls instead for postponement of 2015 ECA deadline.
  • Gibraltar remains closed as Rotterdam prices fall
    "No demand, nothing whatsoever, not a deal has been done", a player told Bunkerworld.
  • European ferry operator attacks 'unfair' sulphur limits
    North European consumers will pay for the higher shipping costs.
  • New appointment to put Beluga 'back on track'
    Former CEO charged after US investor found 'significant financial irregularities' when asked to inject more capital in February.
  • Shipping line to publish bunker consumption details
    CMA CGM says 'eco-calculator' will help customers take environmentally informed decisions.
  • Maersk Line: Speed cuts have reached their limit
    'If we sail much slower, our customers may not be happy with the transit time.'
  • Istanbul LSFO demand lower than expected
    But turnover, and premiums, have increased since CYE Petrol first started offering the ECA-compliant product.
  • Week closes with falling bunker prices
    Ample supplies in Singapore, players say.
  • Cleanup cost for derelict barge to exceed $7.5 million
    Bunkers to be siphoned off before vessel is cut in half and towed to a dry dock for scrapping.
  • Bunkering ops halted in Tokyo Bay following quake, tsunami
    Tsunami alerts in Taiwan, Philippines, Indonesia, Hawaii and Australia after 8.4 magnitude and tsunami hit Japan on Friday.
  • Vopak eyes expansions in China, Malaysia
    Investment for expansion projects total some $2.6 billion, says the tank terminal operator.
  • LNG-fuelled ships 'attractive' for ECAs, says GL
    Technical committee also revealed advanced new oil tanker design concept which cuts fuel costs.
  • Bunker avails tightening in Karachi
    Brisk demand from Pakistan's power sector divert fuel oil supplies from the bunker market.

›››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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