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BRIEFS
February 15, 2011
The Business Timesweb site
Shipping News
  • Vale's M'sia hub to handle 30m tonnes iron ore a year
    Brazil's Vale will spend US$1.3 billion in the first phase of its transhipment project in Malaysia's Perak state that can handle 30 million tonnes of iron ore yearly to meet global demand, a Malaysian official said yesterday.
  • S'pore marine fuel sales hit new high
    Marine fuel sales in Singapore, the world's largest bunker port by volume, hit an all-time high of 3.64 million tonnes in January, up 4.3 per cent from a month ago, official data showed yesterday.
  • China may build a rail 'canal' in Colombia
    China is in talks to build a 'dry canal' linking Colombia's Atlantic and Pacific coasts by rail, Colombian President Juan Manuel Santos was quoted as saying on Sunday.
  • STX stock falls after missing cruise ship order
  • Freight rates for LNG seen falling on warm weather

Sched Netweb site
  • Web, phone blackout biggest logistics problem in Egypt: GAC
  • MSC charters old Maersk ships through Costamare
  • Tianjin port box volume to reach 20 million TEU by 2015
  • Chongqing 33.5pc over budget in roadway fixed asset spending
  • DP World's inland terminal 1,000 kilometres from Karachi
  • Iran admits moving 13 arms-laden boxes through Nigeria
  • Rival UK anti-piracy firms spark 'army-navy' tiff over market share
  • US import box volumes rise 17.64pc in January
  • TSA wants shippers to provide pre-departure air cargo data sooner
  • Forwarders cut from TSA screening scheme for not screening
  • Global Aviation opens sales office in Hong Kong

Exim Indiaweb site
  • Egypt port & shipping update
  • Gujarat Junction 2011 symposium at Gandhidham (Kandla) on March 5
  • MAERSK LINE & Hapag-Lloyd agree to slot swap on MGX, WestMed service
  • MANSA's international conference on Rotterdam Rules tomorrow
  • MSC adds Seattle call to California Express string
  • NSCSA subsidiary purchases two petrochemical tankers
  • NYK LINE included in Global 100 for fifth consecutive year
  • Zim launches Mexico-Tampa Express (MTX) service
  • Vietnam sends back Indian corn, soyameal
  • MoS plans funding body to aid port projects
  • Port Authority of Antwerp delegation concludes productive visit
  • DHL Global unveils India's 2nd free trade zone
  • Ban on non-Basmati rice, onion exports revoked partly
  • Engg exports to touch $ 120 bn by 2015
  • Gems & jewellery exports may surpass $ 30-bn mark
  • India could become world's food basket, says Scindia
  • Infra upgrading needed to boost exports: Khullar
  • Exports on bumpy ride again

International Transport Journalweb site
FEBRUARY 14, 2011
  • Union Pacific Railroad invests USD 4 million plus in track upgrades
    The US rail transport service provider Union Pacific Railroad announced that recent track improvements will allow it to increase train speeds in western Wisconsin communities,...
  • UK: Eddie Stobart orders 225 trailers
    The British transport service provider Eddie Stobart has added 225 new curtainsider trailers from Schmitz Cargobull. The new units will partially replace the company's Irlam fleet,...
  • IRU signs new agreement
    The International Road Transport Union (IRU) has signed a cooperation agreement with the Organisation of American States to improve competitiveness across its member states. The do...

Marine Logweb site
FEBRUARY 14, 2011
  • BOEMRE budget request may face rough ride
  • Pentagon budget request funds 11 ships in FY 2012
  • Christopher J. Wiernicki to become ABS CEO in April
  • DHS budget seeks to push ahead with Coast Guard recapitalization
  • Somali pirates hijack Iranian owned bulker
  • Rand Logistics acquires two Jones Act ATB self-unloaders
  • Seahawk Drilling to sell assets to Hercules Offshore in Chapter 11 sale

World Wide Shipperweb site
FEBRUARY 14, 2011
  • No appeal from City of Portland in River Plan/North Reach decision
  • Washington Governer taps O'Keefe as Puget Sound Partnership director
  • Last day to register for Maritime Commerce Club event
  • Port Tracker report predicts jump in import cargo volumes
  • Rand Logistics purchases two integrated tug/barge vessels

Lloyd's Listweb site
FEBRUARY 14, 2011
  • Fresh tanker sales reflect falls in secondhand prices
    Elderly tonnage loses as much as 20% in value over last three months
  • Supramax values plunge by a third as sales set lower benchmark
    The collapse of Korea Line Corp and a fall in bulk carrier charter rates drag prices downwards
  • Dry bulk values to fall 20% with recovery in mid-2012
    The price of bulk carriers is set to fall by 20% to levels last seen in the early 2000s, before the dry bulk boom
  • Withdrawal of relets to boost rates for gas carrier fleet
    Very large gas carrier relets have kept the spot market well supplied with available vessels, but brokers now expect a pick-up as these are withdrawn from the market
  • Round Hill buys Barbaro medium range tankers
    Round Hill Shipping has been linked to the purchase of two medium range combined chemical and oil tankers owned by Italy's Barbaro family for a total price of $59m-$60m
  • Korea Line sells new capesize in bareboat deal
    Financially troubled Korea Line Corp appears to be behind the sale of a three-month-old capesize vessel, which achieved a price of $62.6m
  • Colombia's Panama Canal rival dismissed as 'crazy'
    Engineers and investors say cost of transiting boxes through Atlantic-Pacific landbridge would be prohibitive
  • Nordic American slips into red
    Posts $809,000 loss for 2010 as higher operating costs eat into bottom line
  • Box lines make their case as renewal season sails into view
    Rate increases are being sought as shippers are told that demand is set to rise 7%-8% on transpacific trades despite overcapacity fears
  • TSA looks to tie up Pacific profits
    Member lines' message is loud and clear in the run up to contract negotiations
  • FMC steps up dispute resolution process
    Rapid response teams target contractual disputes in arbitration process that is much quicker than the traditional court system
  • Seatrade sees hope for reefership trade
    Specialised reeferships not about to disappear despite losing market share
  • Fredriksen to spin off Seadrill unit
    Plans to spin-off harsh environment drilling unit
  • US ballast fantasies
    The absence of federal ballast water treatment laws in the US has left a regulatory vacuum into which state lawmakers have entered
  • Terminal decline
    Projects to build container terminals in the UK should still go ahead even if their timelines are amended
  • P&I Clubs aim to boost underwriting profits
    Clubs "raising their game" in terms of greater financial discipline
  • Unions call for container safety laws
    Mandatory standards sought as new report identifies China as major weak spot
  • US beefs up ships discharge regime
    US coastguard to assist environmental agency in enforcing regulations
  • Danish warship captures pirate mothership
    Frees Yemeni vessel hijacked by Somali pirates and used as mothership
  • Rickmers Trust upbeat on growth prospects
    Recent orders for new boxships offer expansion opportunities for shipping trusts
  • Gulf Navigation to launch new VLCC venture
    Aims to net $310m over 10 years from new four-tanker subsidiary
  • Singapore bunker sales hit 3.6m tonnes in January
    Up 4% from December's volumes
  • Pirates seize Iranian-owned bulk carrier off Oman
    No word on condition of crew of 23, which includes 13 Iranians
  • Keppel FELS Brasil wins $299m order
    Delivery of two FPSO topside modules scheduled for fourth quarter of 2012
  • Varun Shipping posts $2.5m third quarter profit
    Reverses loss posted in the year ago period
  • Great Eastern scraps Greatship listing plans
    Company also reports 24% increase in third quarter profit
  • STX wins order for four bulk carriers
    Company confirms contract worth $160m but silent on details
  • Capesize rates edge up as owners hold back ships
    Owners staying out of the market until time charter rates claw to a point firmly above operating costs
  • Hanjin Heavy shuts Busan yard
    Move designed to break impasse with labour unions in dispute going back to 2009
  • The Week Ahead
    Big ships post rates gains ending 2011 falls

Fairplayweb site
FEBRUARY 14, 2011
  • Aegean fights fraud claims
    NYSE-listed Aegean Marine Petroleum Network issued a stern rebuke today against class-action suits alleging securities fraud
  • Pool partners spar in court
    OVERSEAS Shipholding Group has secured an emergency order against Korea Line, one of its partners in the Clean Products International Pool, in a dispute involving the tanker Blue Emerald
  • Mississippi delays warned
    DRAUGHT restrictions on the lower Mississippi River might be tightened, which could severely hamper shipping, Fairplay was told today
  • Seafarer holds on for dear life
    A SEAFARER has been rescued after he was found hanging on to the anchor chain of an LPG tanker off the UK, according to the Maritime & Coastguard Agency
  • Rhine reopens after barge incident
    AUTHORITIES have reportedly reopened the Rhine to southbound shipping without restrictions, a month after an acid-transporting barge capsized near St Goarshausen
  • Gulf Navigation VLCC plans reported
    DUBAI'S only publicly traded tanker owner reportedly plans to set up a unit in Saudi Arabia to operate a doubled VLCC fleet
  • Russian millers await export boost
    RUSSIAN flour millers are waiting to see if the end of an embargo on flour exports will lead to surge in shipments out of the country
  • Bulker split off Sochi
    STORM waves split a bulker in two while it was anchored off Russia's Black Sea port of Sochi, with two from its crew of 12 reported missing today
  • NAT suffers huge earnings miss
    NORDIC American Tankers today revealed fourth-quarter losses that were drastically higher than predicted by Wall Street analysts
  • Finnish tonnage tax action urged
    HELSINKI was urged today to enact a new tonnage tax law quickly, lest the Finnish flag suffer
  • China foreign trade soars
    CHINA'S foreign trade surged nearly 44% in January from the totals of that month of 2010, IHS Global Insight reported today
  • Two rescued after collision
    TWO MEN have been rescued after they were knocked overboard in a collision between a box ship and trawler off the UK
  • Boskalis and unions brawl over Gorgon
    THE HOLING of a utility vessel working on Chevron's A$43Bn ($43.12Bn) Gorgon gas project in Western Australia has further stressed relations between unions and contractors
  • Rickmers swings to losses
    SINGAPORE-listed Rickmers Maritime Trust unveiled net losses of $28.55M for 2010 today, reversing $40.7M in profits recoreded the year before
  • Product tankers squeezed
    PRODUCT tanker owners playing the western spot market are being squeezed from all angles this week, Fearnley analysts said today

The Journal of Commerceweb site
FEBRUARY 14, 2011
  • Diesel Price Climbs For 11th Straight Week
    The price of diesel across the United States climbed an average of 2.1 cents last week to $3.534 per gallon...
  • DOT Budget Jumps 66 Percent
    The Department of Transportation's budget would increase 66 percent to $128 billion under the president's proposed 2012 budget, compared with...
  • Obama Would Cut Army Corps Budget $1 Billion
    The Army Corps of Engineers will have nearly $1 billion cut from 2010 expenditures for civil works, and what money...
  • DHS Budget Increases 0.7 Percent
    The president's 2012 budget proposes a modest increase for the Department of Homeland Security, up 0.7 percent to $43.2 billion. ...
  • Administration Wants $2 Billion in TIGER Grants
    The budget plan President Obama sent to Congress would sharply expand the Department of Transportation's discretionary grants program, which covers...
  • Atlas Air Sales Rise 26 Percent in 2010
    Fourth quarter and full year profit soared at Atlas Air Worldwide Holdings, fueled by strong air freight demand and tight...
  • Rickmers Maritime Profit Surges 31 Percent
    Container ship owner-charterer Rickmers Maritime reported a 31 percent increase in fourth quarter net profit and said it reduced its...
  • Survey Reveals Strong Support for Infrastructure Deal
    A strong majority of Americans want better roads and bridges, but they want someone else to pay for them, according...
  • Obama Seeks Six-Year, $556 Billion Transport Plan
    President Obama is asking Congress for a six-year surface transportation spending plan that would spend $556 billion, including a $50...
  • NY Delays Ballast-Water Rules
    New York state officials agreed to a 20-month delay of stringent rules governing discharge of ballast water from ships entering...
  • China Proposes Colombia Rail Link to Rival Panama Canal
    China is in negotiations over the construction of a rail link across Colombia to rival the Panama Canal. The...
  • Racing to Dig Deeper
    When Charleston, S.C., Mayor Joe Riley got a few precious moments in front of President Obama at a U.S. Conference...
  • Trucking Dashboard
    Freight shipping demand showed resilience in the fourth quarter, as consumers opened their wallets wider and manufacturing activity picked up,...
  • Truck Demand Remains Strong in 2011
    C.H. Robinson Worldwide, the nation's largest truck freight broker, says the domestic shipping market's momentum from 2010 is extending into...
  • Has LTL Turned a Corner?
    The less-than-truckload industry is shrinking its way toward profitability as carriers struggle to emerge from three years of decline. ...
  • Peak Contracting Season
    'Tis the season. No, not that season, the container shipping service contract season! By now, carriers either have made an...
  • Fearing the Slow Lane
    A year after the trans-Pacific slack season turned into anything but that, harbor truckers in Southern California are bracing for...
  • China's Economic Fallout
    Trouble is brewing in the trans-Pacific trade in the form of Chinese inflation, especially in the main southern manufacturing centers,...
  • Retail Sales Buoy Carrier Hopes
    American consumers are coming out of hibernation just in time for spring contract negotiations between trans-Pacific carriers and shippers. ...
  • A Transportation Fix
    I am well aware that Washington and the American public have been focused on recovering from the deep recession. As...
  • ACE's Winning Hand?
    A year ago, Customs and Border Protection promised to take a new route to completing the Automated Commercial Environment. Gone...
  • Security Casts a Wider Net
    Janet Napolitano is taking her message about global supply chain security on the road ' and across the oceans. The...
  • DOT Stacks Up for Intermodal
    Even before regulators consider bringing various "exempt" rail shippers under federal processes that allow them to file rate and service...
  • Shippers, Rails Square Off Over Exemptions
    What do a crushed stone supplier in Texas, automobile producers across the U.S. and the Washington state potato industry have...
  • A Little Help From GSP
    Two U.S. companies long embroiled in a fight with the Argentine government over its refusal to honor arbitral awards under...
  • The M&A Outlook
    The last five years produced a high, low and then a rebound in merger and acquisition activity in the transportation...
  • Southern Roots
    They are both good ol' boys from the Southeast who returned to native ground after years afield to take on...

Containerisation Internationalweb site
FEBRUARY 14, 2011
  • Who would want to be a modern-day seafarer?
    Going to sea was already much less glamorous post 9/11, with the ramping up of port-restrictive security measures; but now it seems a young seafarer must also be prepared to run the gauntlet of rocket grenade-toting Somali pirates in some of the world's busiest tradelanes - and in addition the blood-curdling prospect of months of inhuman incarceration and barbaric torture
  • US share of global box trade declining
  • Hapag-Lloyd to resurrect AES
  • Textainer taps into the trade boom
  • IRISL bulker pirated
  • China pips Japan, sets sights on US

TradeWindsweb site
FEBRUARY 14, 2011
  • Demolition destiny
    Tankers, bulkers and an FPSO chopped in Alang while a battleship gets carved in Turkey as brokers digest $32m worth of market chatter.
  • Aegean fires back
    New York-listed bunker giant races to fight rising tide of investors who have joined a class action suit against the group and boss Peter G, among others.
  • TBS issues warning
    Bulker blues forces US-listed owner to examine asset values as it prepares for possibility of $195m impairment charge.
  • Boxships with benefits
    Are super-containerships helping your sex life, or is that just pants?
  • HERO taps Seahawk
    US offshore owner coughs up cash and shares to seize drilling rigs from bankrupt contractor Seahawk Drilling.
  • As good as it gets for P&I
    Rating agency says outlook is stable providing shipowner pressure for lower rates is restrained.
  • OSG scraps tanker
    New York-listed tanker titan poised to pocket $5.5m as US-flag unit hits the chopping block.
  • AHL remnants up for sale
    Parts of two tankers left unfinished by bankrupt US owner will be auctioned this week.
  • Island gets the hump
    Broken-down Korea Line products carrier in trouble after entering Caribbean whale sanctuary.
  • Golden eye
    Keep an eye on Hermann Billung-led Golden Ocean if you want to bag a bargain bulker, analyst says.
  • Drugs found in box
    Backpack could have been placed on Greek-managed Ital Lunare in Panama, US customs agency says.
  • Bulkers face 20% fall
    Asset values will plunge by one fifth as scrapping surge fails to prevent rate crash, Arctic Securities says.
  • Seafarer clings to chain
    Man overboard from LPG carrier found hanging on for dear life off the UK.
  • Probos sailing into history?
    Future of uniquely flexible ship type that proved a technical headache appears to be drawing to a close.
  • Rand adds tug/barge duo
    US Great Lakes owner snaps up Jones Act vessels from KKIS for cash and shares.
  • Rickmers recovering
    Singapore-listed trust sees fourth quarter bottom line buoyed by write-back on previously troublesome ship.
  • Ro-ro, trawler clash
    Finland's Birka Exporter suffers minor damage in collision with Dutch boat off the Netherlands.
  • NATS pays on loss
    New York-listed tanker owner still handing out dividend despite growing deficit in fourth quarter.
  • It's a lockout at Hanjin
    Seoul-listed shipbuilder may stop taking orders after long-running labour dispute forces yard closures.
  • Seadrill plots spin-off
    John Fredriksen-led driller turns to a familiar script with plans for harsh environment IPO.

American Shipperweb site
FEBRUARY 14, 2011
  • Obama plugs export changes in Chamber speech
    The U.S. government's investment priorities need to be in innovation, education and infrastructure building so that the economy has the foundation for long-term growth, President Obama told the U.S. Chamber of Commerce last week. The government can...
  • U.S. pursues WTO disputes with China
    The United States on Friday asked the World Trade Organization to establish dispute settlement panels in two cases against China. One case addresses China's imposition of antidumping duties and countervailing duties on imports of grain-oriented fl...
  • U.S.-flag lakers move 3.4 million tons in January
    The Lake Carriers' Association reported U.S.-flag Great Lakes freighters carried 3.4 million tons of dry-bulk cargo in January, a 46 percent increaser over a year ago. The January float was also 18 percent better than the month's five-year average....
  • China rail minister removed in corruption probe
    China's Minister of Railways has been ousted in an investigation into government corruption, according to international media reports. Liu Zhijun has been suspended and put under investigation for "severe disciplinary violations" stemming from a co...
  • AgTC's Friedmann, carrier execs at conference
    AgTC''s Friedmann, carrier execs at conference AgTC''s Friedmann, carrier execs at conference Containerisation International'sannual Global Liner Shipping conference April 4-6 in London will discuss the issue of U.S. antitrust deregulation in the li...
  • Hapag-Lloyd restarts AES, adds Hamburg call
    Liner carrier Hapag-Lloyd said Friday it is restarting a transatlantic service linking New York with Hamburg and Antwerp. The German lineshelved its AES service(at that time a pure New York/Antwerp shuttle) in December due to slowing demand. The s...
  • Coast Guard chief wants 'proficient' members
    Coast Guard Commandant Adm. Bob Papp, delivering his first "State of the Coast Guard Address" on Thursday, said his service is "ready to meet mission demands, but facing real challenges." "We've had too many accidents lately -- we've had too many ...
  • Exports looking up
    U.S. exports increase 1.8% to $163 billion in December The Commerce Department's December 2010 U.S. International Trade in Goods and Services report, released Friday, showed that U.S. exports in December increased 1.8 percent from November to $163 ...
  • USTR Kirk 'deeply concerned'
  • Innovation, education, infrastructure building

The Scandinavian Shipping Gazetteweb site
FEBRUARY 14, 2011
  • TTS delivers to Viking Line ferry
    TTS Marine AB in Gothenburg has signed a contract with STX Finland worth EUR 5.7 million for delivery and installation of roro equipment. The equipment will be installed on
  • Royal Caribbean orders from Germany
    Royal Caribbean Cruises orders its "Project Sunshine"-vessels from Meyer Werft in Germany. According to the letter of intent the first 158,000 GT cruise vessel will be delivered in the
  • Esbern Snare destroys pirate vessel in Somalia
    On Friday last week the Danish warship Esbern Snare intercepted a fishing vessel, suspected of being a mothership used by pirates. It turned out that the information was correct. Equipment
  • Bulk carrier hijacked off Oman
    The Maltese bulk carrier Sinin, 52,466 DWT, has been hijacked off 350 nautical miles East of Masirah, Oman, under a sailing from Fujairah, United Arab Emirates, to Singapore, EU Navfor

The Bunker Bulletinweb site
FEBRUARY 14, 2011
  • Big price spreads seen in Fujairah, Suez
    Still no quotes for Durban as avails remain tight.
  • O.W. Bunker's Swiss trading arm 'starts operations next month'
    Reports say unit may take storage space in ARA.
  • Gulf Petrochem to build terminal in Gujarat
    'Entry into India is very significant for the Gulf Petrochem group,' says MD.
  • Analysts predict tougher environment for Maersk
    Bank warns of higher bunker costs and lower freight rates.
  • Mixed price movements at major ports
    Demand below average at key Asian ports on Monday.
  • Chemoil appoints new VP of Human Resources
    Latest appointment will 'facilitate' new business development and other strategic initiatives, says CEO Tom Reilly.
  • Singapore January bunker sales hit 'all-time high'
    Orders 'brought forward' into January after 'relatively low' December demand.
  • Third law firm files complaint against Aegean
    Denver-based Dyer & Berens LLP files class action suit on behalf of Aegean's investors.
  • Lukoil subsidiary lifts fuel oil cargo from Latvian terminal
    Latvian minister had warned that the state could nationalize and sell the cargo.
  • New ferry optimises fuel performance with CR engine technology
    System designed to operate with ISO 8217 specification bunker fuels, says MAN Diesel & Turbo.
  • WFS shareholders buy, sell shares in the company
    Institutional shareholders declare their stakes in the company.

›››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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