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November 15, 2011
The Business Timesweb site
Shipping News
  • Rickmers in the black in Q3, raises payout
    Rickmers Maritime declared distribution per unit for the third quarter that was 5 per cent up y-o-y to 0.60 US cents from 0.57 US cents previously.
  • Educating travellers on Coral Triangle
    As the Singapore Cruise Center (SCC) turned 20 yesterday, it gave itself the best present it could give: a good cause.
  • Navios CEO predicts shipping bankruptcies
    Angeliki Frangou, who heads three shipping companies controlling more than 100 vessels, said bankruptcies within the industry will accelerate as lending dwindles, allowing her to purchase assets that plunged in value.
  • Bookings for Mideast VLCC crude hit record

Sched Netweb site
  • TSA ups rate to US$400/FEU from January as 'imperative and overdue'
  • Lianyungang volume up 26pc to 4.04 million TEU, beats last year's total
  • Last oil pumped from stricken Rena, box recovery expected to be lengthy
  • Feeder start-up Box Ships posts third quarter profit of US$5.1 million
  • Chongqing's nine-month international box volume totals 190,000 TEU
  • CMA CGM mulls slow steaming during slack season to cut fuel bills
  • Broadband Internet connection installed on MOL LNG carriers
  • Export slump delays opening of UP's grain-to-container transloading facility
  • South Carolina eco-agency relents, stops blocking Savannah's dredging
  • Maritime IT specialist Seago Line joins INTTRA's network
  • 49 aircraft leased under Tianjin Dongjiang Bonded Port Area's new deal
  • Maximus finds heavylift rivalry tough to take, looks to ACMI trade instead
  • Atlas Air Worldwide Holdings suffers 16pc quarterly profit decline

International Transport Journalweb site
NOVEMBER 14, 2011
  • TransContainer earnings grow in first nine months
    TransContainer's earnings increased by 28% in the first nine months of 2011, in comparison with the like-for-like period last year, reaching approximately RUB 20.9 billion. Revenue...
  • Maersk Line posts loss in Q3
    A.P. Moeller-Maersk said that its subsidiary Maersk Line, the world's biggest container line, will lose money this year, revising a previous forecast which spoke of a modest profit...
  • IRU publishes new general conditions for the carriage of goods
    The Goods Transport Council of the International Road Transport Union (IRU) has adopted revised IRU general conditions for the international carriage of goods and related outline a...
  • Rutges Cargo participating in Dutch fuel savings programme
    Rutges Cargo, a European truck operator and part of the Wallenborn Group, is to participate in the Truck of the Future demonstration programme, organised by the independent researc...
  • Boeing begins work on 1,000th B777
    Boeing workers last week began assembling the 1,000th B777, a 300ER that will be delivered to Dubai-based Emirates Airline in 2012. The US aircraft manufacturer reached the milesto...
  • Asda rolling back road miles with CMA CGM and Freightliner
    Freightliner Limited, the UK's leading intermodal railfreight provider, has signed a new contract with CMA CGM to transport containers for Asda to and from Northeast England. Freig...
  • Froschmeier takes over Kukla's Eastern Europe division
    Stephan Froschmeier has headed the Eastern Europe transport unit of the Munich-based freight forwarder Kukla since October. The forwarder and transport specialist is boosting the e...
  • Volga-Dnepr delivers relief cargo to earthquake victims in Turkey
    Volga-Dnepr Airlines joined the relief operation to help earthquake victims in Turkey with two flights from Sharjah (UAE) to Erzurum, delivering urgently-needed equipment on behalf...
  • Swissport wins contract at Narita airport
    Swissport International has begun offering cargo handling services at Tokyo Narita, Japan's most important international air hub, by securing its first cargo contract there with Vi...
  • Deutsche Post DHL posts strong results in Q3
    Deutsche Post DHL again increased its sales in Q3 and boosted profitability significantly. Group sales increased to EUR 13.12 billion. Adjusted for currency effects and consolidati...
  • Gulf Warehousing Company wins new contract
    The Gulf Warehousing Company has agreed to store chemicals used in the Pearl gas-to-liquids project (GTL) at its 16,000 sqm Ras Laffan warehouse in Qatar, according to a report in ...
  • FedEx Express expanding in Northern Ireland
    FedEx Express has officially opened a new operating base in and launched direct services to and from Northern Ireland. The new 20,000 sqft facility at the Kilroot business park in ...
  • PSA cars made in Spain now to be shipped to Livorno
    The Mercurio group has decided that all Citroen and Peugeot cars produced in Spain by the PSA Group and bound for Italy (50,000 units a year) will be shipped from Vigo to Livorno, ...

Marine Logweb site
NOVEMBER 14, 2011
  • RADM James A. Watson to succeed Michael R. Bromwich at BSEE
  • Conrad Industries signs new contracts
  • NASSCO christens USNS Medgar Evers
  • STX OSV reports growth in revenues and profit
  • ICS produces briefing document for climate change negotiators
  • First car carrier with all-electric RO/RO access enters service

World Wide Shipperweb site
NOVEMBER 14, 2011
  • TSA member carriers set to begin rate increase
  • Port association backing transportation legislation
  • Off-duty Coast Guardsman saves girl from drowning in Columbia
  • IMO study predicts greenhouse gas reductions
  • Naming ceremony held for two new LNG vessels

Lloyd's Listweb site
NOVEMBER 14, 2011
  • Lloyd's talks tough on e-endorsements
    Richard Ward raises threat of mandating use if take-up is slow
  • Skuld provides a model for would-be Lloyd's entrants
    Companies stand a better chance with an existing book of business that they can transfer in
  • Lloyd's chief wants Solvency II a year ahead of delayed start date
    Richard Ward says insurance market must 'not take foot off the gas'
  • Flurry of dry bulk orders as newbuilding prices continue falling
    Chinese yards win 2013 and 2014 contracts, including a newcastlemax order
  • Marfin Investment links with Abu Dhabi Mar for acquisitions
    Deal brings together pair with strong interest in maritime investments
  • Somalia: we're winning the battles but losing the war
    More must be made of EU Navfor
  • Shipping's Great Leap Forward
    China's talk of 'actively guiding' tonnage reduction is reminder of its market power
  • Price drop in smaller dry bulk classes slows
    After capesize values level off, panamaxes are also seen selling at stabilising values
  • Rush is on for ballast water compliance technology
    Tools sought to help port state control check vessels are adhering to the letter of the ballast water convention
  • Environmental rules poised to force early scrapping of tonnage
    Additional expense of green upgrades means owners of certain tonnage could well retire ships needing such costly work
  • Iridium hits record revenue as it gears up for launch of new service
    Satellite communications business raises its expectations for subscribers and operational earnings
  • Rotterdam commissions study on eurozone crisis threat to containers
    McKinsey analysing how economic uncertainty could hit the Le Havre to Hamburg range of northwestern European ports
  • China could help VLCC overcapacity by purchasing all 15-year-old vessels
    Poten & Partners suggests Asian country buys ageing tankers rather than ordering newbuilds
  • Tanker asset values continue tumble
    Two-year-old suezmax and one aframax reported sold in quiet secondhand market
  • P&O Ferries threatens to fight any SeaFrance rescue bid with state aid
    French Dover-Calais ferry operator awaits Wednesday court decision on sale or liquidation
  • Newlead locks in new kamsarmax for 16 years
    Renegotiation with charterer is being described as consensual
  • Falling containership values place Global Ship Lease in danger of loan default
    Company confident of thrashing out a pact with lenders by November 30
  • ICS to brief UN climate change conference
    Will stress that shipping is committed to reducing emissions
  • HCI Capital reports $11m loss in first nine months
    Fresh cost-cutting programme launched
  • LRIT data exchange up and running at European safety agency
    Emsa takes control of ship position information at Portugal base
  • Reduced fuel consumption could save $50bn by 2020
    Study finds benefits to owners of implementation of IMO plans
  • US crew using system to extend claims
    Shipowners need to protect themselves from never-ending claims
  • Farstad posts $62.7m third-quarter profit
    Improvement over same period last year comes despite low rates and poor fleet utilisation
  • Egyptian port closed by protests
    Congestion impacts on over 40 vessels
  • Gulf ports urged to boost capacity
    Governments also need to cut red tape, says Kuwait Financial Centre study
  • Armed and necessary
    All signs are that the slow start of post-monsoon pirate attacks is due to onboard armed guards
  • Hamburg reports strong growth
    Box volumes up 15% year on year in third quarter
  • Courage snatches up supramax for $26.6m
    Hong Kong and Singapore-listed carrier buys from new Chinese yard for early 2012 delivery

Fairplayweb site
NOVEMBER 14, 2011
  • IMO: new CO2 regs will deliver
    An IMO study released today predicted "significant" savings from incoming mandatory design and operation regulations, assuming ship operators can overcome the inherent challenges
  • STX OSV profits rocket
    OFFSHORE shipbuilding specialist STX OSV of Norway said today it has raised net profits for 3Q11 by 144% year on year
  • Scorpio hopeful on winter
    NYSE-listed Scorpio Tankers reported larger losses than expected today but voiced optimism that market conditions are improving for its next three months
  • France to appeal EC's ruling on SeaFrance
    PARIS said today France plans to appeal the EC's rejection last month of a €259.5M ($353.3M) restructuring proposal for SeaFrance
  • CMA CGM deal with HCI rumoured
    RUMOURS abound that listed German shipping trust HCI Hammonia is about to acquire two 5,500teu box ships from CMA CGM
  • RMT posts $11M profits 3Q2011
    SINGAPORE'S Rickmers Maritime Trust today returned to profitability with net earnings of $11M in 3Q2011, reversing a $54.6M loss in 3Q2010. RMT posts $11M in 3Q2011 profits
  • STX Pan Ocean reveals losses of $35M
    SOUTH Korea's top drybulk carrier STX Pan Ocean plunged today into the red, reporting $35M in net losses for 3Q2011
  • Oltmann acquires 'bargain' ships
    GERMAN KG house Oltmann said today it has secured bargain buys of three multipurpose and container newbuildings for its private investors
  • Losses force HCI slashes
    GERMAN KG house HCI Capital said today it will cut one-fifth of its workforce and slash costs by $13M per year, after posting heavy losses
  • GSL concedes covenant risk
    GLOBAL Ship Lease, which charters box ships to CMA CGM, disclosed today that it will soon require a covenant waiver because of slumping asset values
  • Libya reported nearing 800,000b/d
    LIBYA's oil production is expected to increase to 800,000 barrels per day within the next few weeks, a London conference heard today
  • Ferry passengers freed
    TURKEY said commando teams have stormed a hijacked ferry near Istanbul, freeing all 24 passengers and crew, who had been held hostage for 12 hours
  • Bunker costs threaten VLCC revival
    VLCC SPOT rates are continuing this week to rise, but analysts are warning that growing bunker costs could smother the trend
  • Berlin reverses shipping cuts
    GERMAN parliamentarians have voted to repeal much-criticised spending cuts on labour cost subsidies for German-flag ships
  • TSA plans box rate boost
    TSA TODAY announced plans to set higher rates from next year, after several members posted significant third-quarter losses

The Journal of Commerceweb site
NOVEMBER 14, 2011
  • FMC Clears Tariff Files to Prevent Fraud
    The Federal Maritime Administration's cleaning of its ocean carrier tariff files may help prevent shippers from being scammed by an...
  • ILA, NYSA to Give Hiring Preference to Veterans
    The International Longshoremen's Association and the New York Shipping Association said they will give hiring preference to Iraq and Afghanistan...
  • Containerized Exports Rose 6.7 Percent in Third Quarter
    U.S. containerized exports rose 6.7 percent in the third quarter, the eighth straight quarter of expansion, led by rising demand...
  • Covenant Loses $11.1 Million, Freight Revenue Falls
    Covenant Transportation lost $11.1 million in the third quarter compared to a $1.9 million profit in the same period year...
  • David Noe, APL Vice President of Sales, Dead at 50
    David Noe, APL's long-serving vice president of sales, marketing and customer support in the Americas, died last week in Houston...
  • Cathay Pacific Says Holiday Cargo Peak 'Unlikely'
    Cargo transported by Hong Kong-based Cathay Pacific and sister carrier Dragonair fell for the seventh straight month in October, and...
  • Hamburg Regains Spot as No. 2 European Box Port
    The port of Hamburg wrested back second place in Europe's container league from Antwerp, with a 15.3 percent surge in...
  • Analyst Says Eurozone Volatility Pulls Down China Exports
    The Eurozone's lurch from crisis to crisis is the prime reason for the soft Chinese export growth piling downward rates...
  • Five Carriers to Suspend Asia-Latin America Loop
    Five carriers that operate three joint services between Asia, Mexico and the West Coast of South America plan to suspend...
  • Japanese Economy Regains Growth in Third Quarter
    The Japanese economy grew 1.5 percent in the July-September quarter from the preceding quarter, or at an annualized pace of...
  • Carriers Consider Lifting Indian Port Congestion Fees
    Ocean carriers serving India's Port of Chennai said they will consider lifting their bottleneck surcharges if restrictions on cargo movements...
  • Box Ships Books $5.1 Million Profit
    Box Ships booked a profit of $5.1 million in the first full quarter since the Greek container ship owner's initial...
  • Hamburg's HHLA Expands Profit, Warns of Overcapacity
    HHLA managed to grow revenue and container traffic in a challenging third quarter, but Hamburg's biggest stevedore warned of an...
  • Rickmers Swings to a $11.1 Million Profit
    Rickmers Maritime Trust swung to an $11.1 million profit in the third quarter from a $54.6 million loss a year...
  • Trans-Pacific Carriers Seek Post-Holiday Rate Hike
    Trying again to stop the erosion of rates that has hit major east-west trade lanes this year, shipping lines in...
  • When Capacity Turns
    If there is, as ocean carriers say, too little demand for freight space and too much capacity on the water,...
  • LTL Pricing Heads Up
    Less-than-truckload pricing is rising, financial results from the largest LTL carriers show, as tightening truck capacity and rising costs trump...
  • Measuring LTL Capacity
    How tight is LTL capacity? That depends on the carrier and its territory. "Capacity (at YRC) is not tight,...
  • Driving Back to Basics
    Four months after James Welch rejoined YRC Worldwide as CEO, the scope of his plans for the ailing trucking giant...
  • Polarizing Perspectives
    Perspectives, I've learned, are very much based on where you sit, so I was more than interested in what two...
  • Preventing the Next Big Bang
    Maritime industry employers are working with longshore unions around the country to prevent potentially deadly refrigerated containers from Vietnam from...
  • IMF Pushes Exports
    Egypt is hardly alone in its struggle to find a path to political transition and make reforms that are economically...
  • Port Horizons Brighten
    In Egypt, the disruptions of the Arab Spring didn't just disrupt traffic in the congested streets of its ancient cities....
  • Cloudy Forecasts
    Short- and medium-term economic forecasts for all of the major countries in the Mideast have been revised downward months after...
  • After the Spring
    Nine months after angry crowds brought down the administration of long-time dictator Hosni Mubarak, political and economic uncertainty hang heavily...
  • Ripe for Inspection Fees
    Any broker, importer or other U.S. business that agreed eight years ago to be the agent of a foreign food...
  • Financing Limits Transport Plans
    For transportation interests who believe the U.S. needs a long-term infrastructure strategy, prospects for funding are dimming. How will a...
  • Capacity for Contracts
    If container lines really start parking ships in significant numbers, it may have more to do with 2012 than with...
  • Load Factors Tumble
    The effect of the capacity glut on most U.S. trade lanes is clearly visible in the decline in load factors...

Containerisation Internationalweb site
NOVEMBER 14, 2011
  • RCL still losing in tough Asian market
    Thai-based Asia-centric carrier, Regional Container Lines (RCL) incurred an operating loss of THB483 (USD15.7) million in the third quarter of the year, albeit ...
  • K Line boosts South Korea/India coverage
    Tokyo-headquartered K Line is beefing up its South Korea/India coverage with the introduction of a new Kwangyang/Kaohsiung - West India Express (FIX) service ...
  • TSA to raise rates on troubled transpac
    Members of the Transpacific Stabilisation Agreement (TSA) are to raise their freight rates in an emergency rate restoration in order to halt the slide of plummeting ...
  • India's boxports ahead by 4%
    Seemingly bucking the consumer austerity-induced slowdown in global demand, India's 13 major ports increased container throughput in the six-months ending October ...
  • Frankfurt terminal changes name
    Frankfurt Intermodal Terminal (FIT) has changed its name to Contargo Industriepark Frankfurt-Hochst. As made clear in Contargo's press statement, 'the ...
  • Salvors readying for removal of Rena boxes
  • DB Schenker starts rail service between UK and Poland
    DB Schenker has commenced a weekly block train service between Poland and the UK. The first train departed from Wroclaw on Tuesday evening November 8 and arrived ...

TradeWindsweb site
NOVEMBER 14, 2011
  • Ultrapetrol sheds the red
    Felipe Menendez-led owner reverses third-quarter loss as revenue surge helps resurrect bottom line.
  • Marfin eyes investments
    Andreas Vgenopoulos-led firm poised to pounce on "opportunities" in the Mediterranean following pact with yard group.
  • NewLead pens rate revision
    Newest addition to Michael Zolotas-led owner's dry arsenal secures extended 16-year fix in exchange for reduced rate.
  • Petrobras picks Deep Sea duo
    Brazilian behemoth poised to splash $100m on a pair of Oslo-listed offshore owner's anchor-handlers.
  • DVB to beat the gloom
    German bank says its results will meet the mark this year despite shipping and banking woe.
  • Rickmers unveils new CFO
    German giant's finance boss says new sources of cash will be essential for owner to remain active amid market turbulence.
  • ICG fails to impress
    Earning power weaker in what is key business quarter for Irish ferry operator.
  • Star wins another round
    Oslo-listed owner takes another step in pursuit of $16.5m damages payment from Russian charter.
  • Esco back in black
    Tschudi-owned multipurpose operator reveals small 2010 profit, after winning compensation for charter termination.
  • Genmar battles shot clock
    Jewel of Georgiopoulos empire secures key waiver extension as Moelis & Co and Randee Day join fight to stay afloat.
  • GSL spills less red ink
    A tough market and higher costs bear down on Ian Webber-led shipowner's bottom line.
  • Citi sounds dry cargo alarm
    Shipping boss Michael Parker sees two or three years of pain for the bulk market.
  • Double sting for Scorpio
    Emanuele Lauro-led owner sees red in a quarter hindered by seasonal weakness and macro-economic troubles.

American Shipper - Ocean newsweb site
NOVEMBER 14, 2011
  • PO Shipping adds new TP loop
  • Unions blast MarAd, Matsuda
    Four U.S. maritime unions say the Maritime Administration and its leader David Matsuda should be "ashamed of itself" for issuing a report comparing U.S. and foreign-flag ship operating costs without seeking their input.
  • MSC starts matchback system in Belgium
    Mediterranean Shipping Co.'s Belgian branch has set up a new system to encourage inland matchbacks of its containers allowing importers, exporters and truckers to round-trip into Antwerp.
  • TSA seeks interim $400 per FEU min.
  • Five lines rationalize Asia/Mexico-WCSA capacity
    Waiting for confirmation from Hamburg Sud that these are the services are involved
  • CKYH pull East Coast via Suez loop
  • Lines suspend Asia-Americas round-world loop

The Bunker Bulletinweb site
NOVEMBER 14, 2011
  • IFO prices firm in Fujairah
    Deliveries in Cape Town available for supply between November 17-28 November.
  • Svitzer develops ECOtug
    New type of harbour tug that consumes less fuels, spills less oil and is more maneuverable than other tugs will be delivered in December.
  • Prices mixed in Rotterdam
    Buyers left wonder what is supporting the market, player tells Bunkerworld.
  • CMF product 'within 3.50% sulphur limit'
    Supplier complying with 2012 sulphur cap.
  • IMO mandatory GHG measures to cut billions from fuel bills
    Study of EEDI and SEEMP effect predicts 13% CO2 reduction by 2020 and 39% by 2050 compared with BAU scenario, but still with net growth.
  • Decline in bunker volumes continues
    Japanese bunker sales 18% down year-on-year.
  • Drive for fuel-efficient, less polluting engines boosts shipyards
    US shipyard says government incentives have been 'a shot in the arm.'
  • Bunker prices generally firming in Asia
    Demand mixed at major Asian bunker hubs on Monday, traders say.
  • TSA members to raise rates to halt losses
    Says correction is both 'imperative and overdue'.
  • Singapore's October bunker sales down
    Fall in sales volumes in line with slow global trade, say players.
  • Maersk orders second generation exhaust gas system
    Exhaust gas system compatible with different types of bunker fuels, says MAN Diesel.
  • BIMCO adds new bunker clauses for time charter parties
    New clauses to address importance of bunker issues and minimise risk of bunker disputes, says BIMCO.
  • Salvors to remove last of bunkers from grounded box ship
    Work will continue for 'some time' to ensure all accessible oil is removed from Rena, says Maritime New Zealand.

›››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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