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Independent journal on economy and transport policy
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BRIEFS
June 14, 2011
The Business Timesweb site
Shipping News
  • Bangladesh ship-breaking yards resume work with rules eased
    Bangladesh's vast ship-breaking yards are roaring back to business, after the easing of strict environmental regulations that brought the major industry to a halt for much of 2010.
  • Iran shipping line to fight sanctions in EU court
    Iran's state shipping line will challenge the latest round of sanctions at the European Union's highest court, saying there is no evidence showing that it has been involved in arms trafficking as EU and US officials say.
  • Lloyds Bank in talks to sell shipping loans
    Lloyds Banking Group plc, in which the UK government has a 41 per cent stake, is still in talks to sell its shipping loans.

Sched Netweb site
  • Shenzhen volume increases 3.4pc in first four months to 6.84 million TEU
  • Port of Guangzhou's box volume increases 13.6pc in April
  • Diana Containerships holds share sale to pay Maersk for ships and service debt
  • Chinese yards beat out Korea's, winning Seaspan 7-mega ship order
  • Youngest BIMCO president, 43, weighs in on eco-rules, high oil prices, piracy
  • MSC to hike rate US$200/TEU - $300/FEU on Euro-Med to US on July 7
  • High MOL green rating clinches loan from Development Bank of Japan
  • American Feeder Lines starts US-Canada east coast Boston-Halifax service
  • CSX, Norfolk Southern start upgrade of intermodal terminals in eastern US
  • Boeing forecasts 4pc annual growth in Mideast air cargo for 20 years
  • Dubai's Calogi adds National Air Cargo to its client list of 90 airlines
  • UPS doubles Central American and northern South American air cargo capacity

Exim Indiaweb site
  • Allcargo Laxmi makes maiden call at Mumbai Port
  • ESC opts out of Global Shippers Forum as it seeks NGO status
  • Old Dominion offers LCL service in Taichung, Keelung, Kaohsiung
  • Rail freight service linking Chongqing and Antwerp open for business
  • Ramesh Jaisingh calls for freight rate parity with forwarders
  • Rio to expand two box terminals ahead of major global sporting events
  • Zim splits Pacific leg ZCS service into two separate loops
  • Exporters looking at having piece of global sugar demand
  • Pradip Kumar Agrawal appointed CEO of Gateway Terminals India
  • Vasan to hold talks with unions on Major Port corporatisation
  • Agartala-Akhaura rail track alignment being finalised
  • CONCOR-SC celebrates Customer Day in style
  • Road construction target of 20-km-a-day unlikely before 2014: Govt
  • TNT Exp India-Europe service to deliver cargo in a day
  • Empty ISO containers repositioned to ICD-Khodiyar

Marine Logweb site
JUNE 13, 2011
  • Deployment changes will hit Carnival earnings
  • BIMCO elects its youngest President ever
  • Incat Crowther develops crewboat design for Brazilian market
  • Solstad returns to Gibdock for PSV conversion
  • Vroon Group subsidiary orders two wind farm service vessels

World Wide Shipperweb site
JUNE 13, 2011
  • Construction work completed on Tacoma overpass project
  • Tanker released by pirates following 75-days in captivity
  • Boeing celebrates opening of South Carolina Dreamliner site
  • Corps warns of hazards due to Columbia River flooding
  • Trucking group calling for withdrawal of hazmat proposal

Lloyd's Listweb site
JUNE 13, 2011
  • VLGC rates creep up but owners struggle for profits
    Two-week high for rates as charterers take on ships in Middle East Gulf
  • LR tankers find favour in quiet market
    Long-range two tankers have been at the top of the agenda over the past week with brokers reporting a number of varied transactions ranging from straightforward sales to refinancing deals, in an otherwise quiet tanker sale and purchase market
  • LNG order spree to avoid previous pitfalls
    The recent spate of LNG carrier newbuilding ordering is unlikely to drive the market rate down through an oversupply of vessels as happened during the last speculative ordering spree ten years ago
  • Bangladesh import tax rise to stifle scrap rates
    Brokers fear Bangladesh dip could spark falling rates across Indian subcontinent
  • Chinese snap up older Japanese bulkers at premium prices
    Chinese buyers have bought the Hitachi Shipbuilding-built panamax bulk carrier Blue Coral at a premium, as older Japanese-built bulk carriers dominated the headlines last week, pulling in buyers attracted by their quality
  • Stability the bride of prosperity
    The re-election of prime minister Recep Tayyip Erdogan's Justice and Development Party can only help Turkish shipping's aggressive players to build up their presence
  • Cost of sanctions
    The international isolation of Iran is spreading throughout the country's economic life, as OPM has just discovered
  • Arming yourself againstthe exposure to liability
    Use of armed guards on ships could lead to unforeseen litigation
  • Service reliability figures should be standard marketing information
    Carriers that embrace a customer-focused approach will be more successful in the long run
  • Under the hammer: Odense yard to be sold off
    Famous yard and its contents to be sold
  • Vsat satellite services increasing in popularity despite drawbacks
    Increased costs are a major hurdle, survey reveals, but improved connectivity and applications are overcoming doubts
  • New research adds doubt to benefit of LNG as ship fuel
    SOx and NOx advantages are clear but Swedish research says global warming reduction is being overstated
  • Container industry heavyweights join drive for electronic bills of lading
    Nigel Pusey and Andre Toet appointed as directors of ESS
  • Maersk call to arms gives fresh impetus
    IT companies welcome initiative on transparency
  • CSAV pulls out of east-west box trades
    Asiam service linking the Indian subcontinent, Southeast Asia, China and US west coast to be suspended as rates keep falling
  • Drewry forms alliance with tendering software provider
    Move comes as Trade Extensions seeks a partner able to help its clients build tenders that reflect that complexity of inter-continental supply chains
  • Depreciating dollar dashes hopes for Chinese cash
    Owners warned not to rely on China to pick up the slack from traditional lenders
  • Inexperience a danger in arctic, says insurer
    Remoteness pushes up cost of cover for polar voyages
  • Shipping escapes fallout from China's spat with Vietnam
    Territorial disputes are not so far impeding the flow of maritime trade through South China Sea
  • Norway's Solvang returns to Hyundai Heavy for 84,000 cu m LPG carrier
    Vessel is scheduled for delivery in third quarter of 2013
  • Ship capsizes at Algeciras berth
    Investigation under way as cause of casualty is still to be discovered
  • Keppel FELS wins $260m rig order from Floatel
    Third order for semi-submersible accommodation rig from Oslo-listed company
  • Ransom paid to free tanker Zirku said to be well below the reported $12m
    Confusion caused by uncritical acceptance of Somali pirates' talking-up of deals
  • FreeSeas chops its asking price on warrants
    Class-Z expiration date extended from June to August as new value of $1.80 compares with Nasdaq share price of $2.20
  • HSBC raises forecast for DP World
    Ports group's adviser sets higher share price target in trading update
  • Tanker trauma tails off but dry dramas remain
    Capesize rates are likely to stabilize this week with prompt tonnage in demand for late June and early July from Australian mining names
  • Singapore container throughput shows 4.3% rise for first five months
    Volumes in May are the best so far this year
  • OPM draws blank on Iran port contract payment
    Port consultancy says payment dispute with Iran's Tidewater has reached a dead end

Fairplayweb site
JUNE 13, 2011
  • Layoffs spark Bilbao strike
    WORKERS walked out today at the La Naval yard in Bilbao in reaction to a move to lay off 40% of the workforce
  • LNG building boom extending
    SHIPPING analysts predicted today that the newbuilding surge in LNG carriers would continue, with LNG role in the global energy mix growing steadily
  • 5.5% box rate rise seen
    A BANK report has predicted a rise of 5.5% in box rates on average this year
  • IRISL to appeal EU sanctions
    IRISL reportedly plans to challenge sanctions against it before the EU's highest court
  • US Navy intercepts suspected weapons ship
    A US WARSHIP has reportedly intercepted a ship suspected of smuggling weapons to Myanmar from North Korea
  • Tallinn's cruise sector is booming
    CRUISE passenger arrivals in May rose 33% in Tallinn from that month of 2010
  • Three hurt in capsizing
    DENMARK'S salvor Svitzer is working today on a plan to refloat a box ship that capsized at Algeciras, injuring three seafarers
  • Saudi non-crude exports rise
    SAUDI Arabia's exports of petrochemicals reportedly rose 41% in April over that month of 2010, but such exports dropped on a month-on-month basis
  • Shell plans second FLNG project
    ROYAL Dutch Shell announced today that it is helping to develop a second floating LNG facility off Australia, less than month after it revealed plans for the world's first such facility
  • Phnom Penh's May total rises 34%
    THROUGHPUT at Cambodia's Phnom Penh Autonomous Port in May reportedly rose by 34% from totals recorded in May 2010
  • Bumi Armada plans IPO
    MALAYSIAN offshore and FPSO player Bumi Armada plans to raise at least 175.7M ringgit ($57M) in a relisting
  • Tug master killed in Oz capsizing
    A TUG MASTER has died after his vessel capsized in Gladstone in Queensland
  • OPDR, XCL merge services
    GERMAN shortsea carrier OPDR and Swiss feeder carrier X-Press Container Line have merged their box services linking northern Europe with northern Spain and Portugal
  • VLCC fixing exceeds high
    FIXING on the VLCC spot market high in April and May exceeded its three-year high, yet freight rates remain subdued on ample tonnage supply, shipbrokers said
  • Demolition derby speeds up
    SOUTH Asia's monsoons are dragging down breaking rates, but traders and brokers told Fairplay today owners are keen anyway to scrap their least profitable rustbuckets

The Journal of Commerceweb site
JUNE 13, 2011
  • Port Plans for Sydney, Nova Scotia
    James Wooder of Sydney Port Group describes plans for the development of a major container and breakbulk port at Sydney,...
  • As One Strike Expands, Another Looms in Canada
    Canada's 10-day series of rotating postal strikes mushroomed Monday to 10 cities in seven provinces as a potentially more damaging...
  • CSAV Volume Up, Average Revenue Down
    CSAV's volume of transported containers increased 6.8 percent in May over April, but the average revenue per container declined. ...
  • Nehru Port Volume Down 2 Percent
    Container throughput in India's Port of Jawaharlal Nehru (Nhava Sheva) fell nearly 2 percent year-over-year in the April-May period, the...
  • Court Hears ATA's Arguments in Clean Truck Case
    The U.S. Court of Appeals for the 9th Circuit heard oral arguments in the American Trucking Associations' challenge to the...
  • Maersk CEO Explains Details of Manifesto
    When Maersk Line CEO Eivind Kolding issued a manifesto to the container industry on June 7 calling for...
  • Japanese Firm Inks Westwood Purchase Deal
    Japan's Sumitomo Warehouse said today that its wholly owned subsidiary, J-WeSco, signed a contract to acquire a 100 percent stake...
  • CSAV Suspends Trans-Pacific Loop Service
    Chilean carrier CSAV said Monday it will suspend its Asiam service from India, Southeast Asia and China to the U.S....
  • Greek Dockworkers Plan 24-Hour Strike
    Greek dockworkers will join a 24-hour general strike June 15 to protest fresh austerity measures imposed by the Socialist government...
  • Hub Group Buys Drayage Company
    Intermodal services provider Hub Group acquired Domestic Transport, a Pacific, Wash.-based drayage company that delivers containers in the Pacific Northwest. "This...
  • Seaspan Adds 61st Ship
    Container ship owner-charterer Seaspan took delivery of the first of new eight containerships with capacities of 13,100 20-foot-equivalent units. ...
  • Export Surge Pushes Round-Trip Strategy on Pacific
    Container ship line APL says the fast-growing U.S. export volume on the Pacific is pushing carriers toward a greater "round-trip...
  • Can YRC Worldwide Be Saved?
    After acquiring the regional trucking operator USF for $1.37 billion in May 2005, YRC Worldwide Chairman, President and CEO William...
  • Horizon Extends Refinancing Deadline
    Horizon Lines is extending for another week its deadline to line up commitments for $350 million in secured senior notes,...
  • First-Class Postal Reform
    The U.S. Postal Service lost $2.2 billion in the second quarter of its current fiscal year. Much of the loss...
  • After a Pause, Rail Freight Picks Up
    Just when new monthly reports on U.S. employment, home values and factory demand confirmed the economic recovery sputtered toward a...
  • Europeans Buy Into US Trucking
    A little acquisition by a very big company sent a jolt through the U.S. trucking industry on June 1. Deutsche...
  • Shrinking 0l' Man River
    The threat level is rising along with the water along the Mississippi River, endangering two-thirds of U.S. grain exports and...
  • Cajun Country's Big Catch
    The Port of New Orleans and the terminal operator owned by Mediterranean Shipping Co. and Ceres Gulf plan to uncork...
  • Galveston's Return on Privatization
    When the deal to sell the Port of Galveston's facilities to an investor group of Hutchison Port Holdings and Carlyle...
  • Houston's Future Arrives Early
    The Port of Houston doesn't have to wait for the opening of the Panama Canal's larger locks in 2014 for...
  • Separation Anxiety
    We're nearly halfway through 2011, approaching what is traditionally the strongest time of the year for carriers. The post-holiday drowsiness...
  • Puerto Rico to scan Domestic Boxes
    Shippers and carriers are complaining about a Puerto Rico Ports Authority plan to require electronic imaging of every domestic container...
  • China's Distribution Revolution
    In less than 10 years, China will be crisscrossed by a national highway system 53,000 miles long that will cover...
  • A Brighter Horizon?
    Horizon Lines says it has found a way out of a financial crisis triggered by the company's guilty plea and...
  • Easing Into the Peak
    The peak-season surcharge carriers intended to impose in the eastbound Pacific beginning June 15 is a casualty of the soft...
  • Rolling Container Volume
    Just 1,401 20-foot equivalent units separate Maersk Line and Mediterranean Shipping at the top two spots in The Journal of...
  • Surcharges Fuel Suspicion
    Slow-steaming by container ship lines is thickening the fog of war between shippers and carriers over bunker fuel surcharges. ...
  • Revamping Product Safety
    House Republicans introduced a bill to reword the Consumer Protection Safety Improvement Act of 2007 with such changes as the...
  • A Bridge And A View
    With one of North America's most dramatic bridges as a backdrop, Michigan Gov. Rick Snyder launched a new push to...
  • Census Turns Back the Clock
    Proposed changes to export rules that would eliminate post-departure filing on all but a select number of agricultural shipments are...
  • Rate of Recovery
    Now that negotiations with the Teamsters union, lenders and others with a financial stake in the company are largely completed,...

Containerisation Internationalweb site
JUNE 13, 2011
  • Why higher oil prices represent a double-whammy for ocean carriers
    Oil makes the world go around: the black stuff and world economic growth are inextricably linked. Prior to the 2008 watershed Lehman Bros crash, a barrel of oil had peaked at USD147, but by the end of that year, prices had plunged to USD30 in the wake of a recessionary-induced global downturn in demand.
  • Small shippers suffering
  • Somali pirates collect second-largest pay-out
  • Maersk boxship capsizes at Algeciras
  • Gloomy data depresses stocks
  • OPDR and X-Press team up on new service

TradeWindsweb site
JUNE 13, 2011
  • PB in FSO debut
    Italian shipowner on the brink of converting Thenamaris products tanker following $25m deal.
  • Bloomberg's bet
    Mayor of New York backs plan to expand BillyBey-operated ferry service along the East River.
  • Pirates spring Suez
    Hijackers release Red Sea Navigation vessel and crew after scoring ransom payment, sources claim.
  • CSAV runs for cover
    Chilean operator forced to find work for Diana Containerships vessel as turbulence rocks transpacific market.
  • Jumbo's demo diet
    Dutch heavy-lift owner sends vessel to beaches of Bangladesh for breaking, sources say.
  • Hong Kong under fire
    Scientists and environmentalists accuse government of going slow on emissions regulation moves.
  • TEN scraps aframax
    Greek tanker owner dodges dry-docking bullet following $11m demolition deal, brokers say.
  • Carnival cuts again
    Cruise giant admits under-estimating impact of Middle East turmoil, Japan 'quake and oil price on second-half results.
  • CPLP seals bulker switch
    Evangelos Marinakis-controlled shipowner completes dropdown of capesize vessel Agamemnon for $98.5m.
  • Box diagnosis unclear
    Wan Hai VP Davis Kao says still too early to determine how convalescent container industry will fare next year.
  • Yujin finds its niche
    London-listed owner carves out small 2010 profit in tough Asia Pacific chemical tanker sector.
  • North Korean ship stopped
    Belize flag merchant ship suspected of carrying missiles to Myanmar is turned back by US destroyer.
  • Dirty docking defended
    Steam cargo pumps mean no need to plug in and avoids explosion risk says Intertanko in LA terminal row.
  • Pirates defy 30-ft waves
    Greek and Indian bulkers attacked in Arabian Sea despite giant monsoon season waves.

American Shipperweb site
JUNE 13, 2011
  • Fake designer duds blocked at SoCal ports
    Authorities at the Port of Los Angeles-Long Beach complex have confiscated $14.3 million worth of knockoff designer clothing in three separate shipments from China during the past three months, U.S. Customs and Border Protection announced Thursday....
  • Logwin opens Dongguan office
    Logistics company Logwin said Monday it has opened a new office in the Pearl River Delta as it expands its presence in China. The company has opened an office in Dongguan, one of China's key manufacturing cities, to complement existing offices in G...
  • Old Dominion moves to larger San Jose center
    Old Dominion Freight Line said Friday it has moved to a new and expanded location in San Jose, Calif., to accommodate growing volume in the area. "Within the last three-and-a-half years, the San Jose Service Center has experienced explosive growth,...
  • Hub subsidiary adds to drayage network
    Comtrak Logistics, an intermodal shuttle and truckload carrier, has acquired key parts of Domestic Transport Inc., a Pacific, Wash.-based company that also executes short hauls of intermodal containers between ports, railheads and customer docks, p...
  • Grand China Shipping adds Pusan call
    Grand China Shipping said its Super Pacific Express (SPX) service will begin regular calls in Pusan this week. The company said one of its ships called Pusan on June 2, but that Pusan would become a part of the regular SPX rotation on June 17. The ...
  • SeaIntel: Tough times for small shippers
    A new report from maritime analyst SeaIntel has found it's tough for new, small shippers to get freight rate quotes from liner carriers and large forwarders.In the latest edition of the company'sSeaIntel Sunday Spotlight,SeaIntel describes an inve...
  • Brother, can you spare a rate quote?

The Bunker Bulletinweb site
JUNE 13, 2011
  • Markets largely softer on quiet day
    Some ports showing significant losses while others see little movement in bunker prices.
  • Bunker costs to hit second-half results
    Carnival Corp. says it underestimated the impact of higher fuel prices and itinerary changes.
  • Prices climb in South African ports
    Fujairah opens week with slightly lower prices.
  • Tolson leaves Chemoil
    Vice President of Sales and Marketing had been with the company 25 years.
  • EU states could help ship operators retrofit 'scrubbers'
    EC official looking for ways to make ECA compliance less daunting.
  • Oil boom placed around capsized containership
    Vessel 'lurched to one side' during loading operations in Algeciras.
  • Week starts with bunker prices largely down
    Demand for bunker fuel mixed at major Asian ports.
  • Singapore bunker sales rebound to four-month high
    2.87 million mt of 380 cSt bunker fuel sold in May, the highest in four months.
  • Chemoil to complete Fujairah storage facility by Q3 2011
    Large project 'on target', says CEO of Chemoil.
  • Bunker trader joins Tokyo-based bunkering firm
    Sunny Tang from China with four years of experience in bunker trading firm.
  • Shipping group calls for mandatory switch to low sulphur fuel
    Hong Kong Shipowners frustrated by the lack government action.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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