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February 17, 2011
The Business Timesweb site
Shipping News
  • LNG freight rates up on demand surge
    Record demand for liquefied natural gas (LNG) is causing the decade-long glut of vessels that carry the fuel to disappear, doubling freight rates and at least tripling profit for shipping lines Golar LNG Ltd and Exmar NV.
  • Korea Line falls to lowest in over four years
    Korea Line Corp, South Korea's second-largest operator of dry-bulk ships, plunged to the lowest in more than four years after a Seoul court accepted its application to enter receivership.
  • ICS changes policy on private armed guards
    The International Chamber of Shipping (ICS) has changed its policy on private armed guards, and now accepts operators must be able to defend their ships against rising pirate attacks, the chamber said on Tuesday.
  • Persian Gulf tanker supply falls

Sched Netweb site
  • HK up 5.7pc in January to 2.1 million TEU, Singapore rises 3.6pc
  • Port Tracker sees 6pc first half US import growth - 7-8pc full year
  • CKYH to offer sixth Far East-N Europe loop (NE-6)
  • Danish warship catches pirates, but releases them in Somalia
  • US exports up 16.6pc in 2010, led by agricultural surge
  • Fuel shortages, but boxes move despite South Africa truck strike
  • ICTSI's Subic Bay terminal welcomes Tiger Lines
  • US container share falls by nearly half over 14 years
  • BNSF spends US$3.5 billion to upgrade speed and volume
  • World air cargo volumes grow 21pc in 2010
  • Despite growth, global air cargo remains uncertain
  • Tulsa air cargo declines 2.3pc, but passengers volume up 4pc
  • Boeing starts up defence plant at MidAmerica St Louis

Exim Indiaweb site
  • Far Shipping vessel makes maiden call at VCT
  • GE Shipping net profit rises by 24 pc
  • Irano Hind vessel feared hijacked by Somalian pirates
  • OOCL's Empty Pickup Appointment service a success
  • Indo-UAE trade up by 300 pc since '05
  • Rail freight traffic rises to 82.55 mt in Jan.
  • Rlys, Kolkata Port may join hands for rail-road connectivity project
  • SC asks Karnataka to speed up Bangalore-Mysore infra corridor project
  • Adani Enterprises' net surges 56 pc in Q3
  • AL scheme aids exports of sugar companies
  • AP SEZ exports may double to Rs 11,200 cr.
  • Bank credit increases by Rs 15,348 cr.
  • Fieo all praise for Sharma's schemes to boost exports
  • Food inflation falls to 13.07 pc
  • Forex reserves up by $243 mn
  • Govt unlikely to lift wheat export ban soon
  • Govt's wavering puts sugar industry in a spot
  • Onion farmers demand lifting of export ban
  • Wheat production may touch all-time high
  • Fieo interaction with Customs Commissioners on Feb. 25

International Transport Journalweb site
FEBRUARY 15, 2011
  • Kuehne + Nagel to provide logistics support for new offshore oil fields in Norway
    Eni Norge has awarded a four-year contract to Kuehne + Nagel to provide integrated transport, forwarding and customs clearance services. Eni Norge is part of the Italian integrated...
  • Dachser collaborating with Brummer in Austria
    Dachser, a global logistics provider, is entering an exclusive partnership in its food logistics business segment with Austria-based Brummer Logistik GmbH to provide temperature-co...
  • Jöbstl building new handling terminal in Austria
    The Austrian forwarding and logistics company Jöbstl has launched another programme to upgrade its service portfolio. At the end of January, a ground-breaking ceremo...
  • Boeing celebrates premiere of new B747-8 intercontinental giant
    The US airframe constructor Boeing unveiled its new gigantic B747-8 intercontinental aircraft last weekend (12-13 February). Approximately 10,000 guests, including custom...
  • Four new PPP airport projects in the Philippines
    The Philippine Government has identified four immediate public-private partnership (PPP) airport projects for 2011. Foreign investors are being asked to invest in infrastructure th...
  • Air Asia has big plans for Europe
    Air Asia expanded its European network again on 14 February. Air Asia, a long-haul subsidiary of the Malaysian budget carrier, now flies to Paris Orly four times per week...
  • Maersk Drilling orders two jack-up rigs
    Maersk Drilling, an entity within the A.P. Moller-Maersk Group, has signed a contract with Keppel FELS Ltd in Singapore for the construction of two ultra harsh, high capacity jack-...
  • VSTEP and CIEMF consolidate training and distribution partnership for Argentina and Latin America
    VSTEP, a leading international developer of simulators and virtual training software, recently established an official distribution and training partnership with Centro de Investig...
  • Toll Global Forwarding: new premises in Switzerland
    Toll Global Forwarding has announced that it is changing its office location from Kloten to Zurich Oerlikon (both Switzerland). With effect from 28 February 2011, the address ...
  • De Patrizi confirmed as chairman of Fercargo
    Giacomo Di Patrizi, the CEO of rail operator Compagnia Ferroviaria Italiana (CFI), was confirmed as chairman of Fercargo, the Italian association of private rail companies that was...
  • MAN: market leader again in Brazil
    The MAN production plant in Resende (Brazil) built around 68,000 truck and bus chassis last year. That was 45,500 vehicles, or 50% more, than in 2009 and represents a new productio...

Marine Logweb site
FEBRUARY 16, 2011
  • Marad awards ship management contracts for eleven NRDF/RRF vessels
  • Transocean orders two jack-up rigs at Keppel FELS
  • ABS to form software JV with Herbert Engineering Corporation
  • Vigor Industrial completes acquisition of Todd Shipyards
  • Pasha Hawaii orders second RO/RO at VT Halter Marine
  • Jacob Stolt-Nielsen: Hang the pirates
  • PGS goes to Mitsubishi Heavy Industries for next-generation Ramforms

World Wide Shipperweb site
FEBRUARY 16, 2011
  • ICTSI Oregon now operating Port of Portland's Terminal 6
  • NewLead Holdings charters pair of products tankers
  • Port of Camas-Washougal adds new boat ramp ticket machine
  • NOL Group reports profits soar during 2010
  • MarAd taps three firms to operate reserve fleet ships

Lloyd's Listweb site
FEBRUARY 16, 2011
  • Ex-Iranian boxship finds charterer
    MSC agrees two-year charter at $38,000 daily for Fourth Ocean as market races ahead
  • Opec crude output surge to sustainrate rises for VLCCs
    Middle East to Asia carriers set for boostas Chinese oil demand continues to rise
  • Buoyant panamaxes push up Baltic Dry Index
    The Baltic Dry Index rose 35 points todau to 1,271, as panamax rates in both the Atlantic and Pacific trading regions improved further
  • Seaspan poised to order after winning boxship design fight
    Owner seeking further price cuts from yards before finally committing to 10,000 teu orders
  • Military under fire for pirate releases
    Lack of political will rather than legal framework to blame, says Intertanko
  • Lack of political will is reason for pirates release
    The excuse that international law requires pirates to be caught in the act of an attack as a condition for prosecution has no basis in international law
  • A generation of shipping socialists say 'dugnad'
    Norwegian industry knows where to find its enthusiasm, innovation and optimism
  • We should flock to the aid of Chirp
    The UK's Confidential Hazardous Incident Reporting Programme plays an important role. If its government funding is cut, the industry should chip in to save it
  • Brussels eyes all-out assault on shipping
    Alarm raised over possible references to unlimited liability and manning directive in commission White Paper on transport to be published in March
  • Demand is key issue for post-panamax fleet's future deployment
    Will a rise in the use of post-panamaxes absorb the arrival of newbuilds?
  • Tanker owners strike right note for investors' cash
    Despite a gloomy outlook for mainstream crude tanker markets, companies have found it easy to raise funds
  • Chinese GDP overtakes Japan but with a pay-off in trade
  • Eagle Bulk at risk from unpaid charter hire
    Company cannot afford to have charter hire remain unpaid for the 13 supramax vessels on charter to Korea Line
  • Hurtigruten posts $3.7m profit in 2010
    Returns first profit since its launch in 2006 and sees promising results from cruise division
  • Maersk Tankers in management reshuffle
    Henrik Ramskov promoted to chief operating officer to replace Kristian Morch
  • Logent wins Gothenburg car terminal contract
    Logistics company secures 10-year contract to operate terminal
  • Maersk takes advantage of Indian export boom
    To launch new east-west route between Indian subcontinent and Europe
  • CSAV expands South America-Europe network
    To launch new weekly Latin American west coast feeder service
  • Dover faces tariff rise probe
    Formal inquiry to be held into objections by P&O Ferries and Norfolkline
  • Car transport demand helps lift Wilh Wilhemsen profit
    Wilh Wilhelmsen Holding income in 12 months ending December 31 totalled $2.8bn
  • NOL posts $461m profit in 2010
    Returns to profit in 2010 compared with $741m loss in 2009
  • Maersk Alabama pirate to be sentenced today
    New York court to sentence Abdiwali Abdiqadir Muse who pleaded guilty
  • Dahlman Rose bolsters oilfield services unit
    Appoints James Crandell to become managing director and global head of oilfield services research
  • NewLead inks charter deals for panamax pair
    Long-term charters will take two of its youngest vessels off the spot market
  • Speak out on piracy
    The shipping industry needs to go on the offensive in highlighting the issue of piracy
  • Question of cash
    TBS International's management has highlighted its commitment to the company by digging deep into its own pocket
  • Transpacific box spot rates slide
    Rates now slightly below corresponding 2010 levels

Fairplayweb site
FEBRUARY 16, 2011
  • LA-LB box imports jump
    BOX IMPORTS at the ports of Los Angeles and Long Beach are continuing to grow in the new year
  • Suez revenues fall 1.6%
    SUEZ Canal revenues slipped 1.6% to $416.6M in January, from $423.4M in December, IHS Global Insight reported today
  • Japan, India sign trade deal
    JAPAN and India have signed an agreement that is expected to lead to a "significant boost" in trade between the two countries, IHS Global Insight reported today
  • Farstad profits plummet
    NORWAY'S Farstad Shipping today reported a dramatic fall in annual profits for 2010 after its fourth-quarter earnings fell to a small fraction of those recorded a year earlier
  • Solutions helps pick next-generation ship
    THIS YEAR'S Nor-Shipping in Oslo will feature two new awards that shine the spotlight on excellence on ship design, shipbuilding and equipment
  • US awards ship management contracts
    THREE US ship management companies have been awarded a total $77.36M in contracts to crew and maintain 10 reserve fleet vessels for MarAd
  • Seadrill offshoot places 25% of new shares
    SEADRILL today placed 250M new shares with investors, a quarter of the 1Bn shares it intends to issue before its demerger
  • Baltic states agree on LNG terminal
    LITHUANIA, Latvia and Estonia plan to seek EU funding for a joint LNG import project, IHS World Markets Energy reported today
  • IPIC gobbles up CEPSA
    SPAIN'S markets commission CNMV said today the UAE investment fund IPIC has taken over the vehicle fuel and bunkering company CEPSA
  • Capesize bunkering pushes up rates
    BROKERS in Singapore have told Fairplay that pricier bunkers have encouraged Capesize owners to refuel ships in the city-state before deciding whether to seek business in Australia or Brazil
  • Wilh. Wilhelmsen gained at 2010's end
    NORWAY'S vehicle carrier and auto logistics group Wilh. Wilhelmsen said today it had net profits of $102.4M in the last quarter of 2010, from $71.4M in that period of 2009
  • Guangzhou shares rise on deal
    SHARES of China's government-owned Guangzhou Shipyard rose today after it said it would increase its stake in a related company
  • Keppel shares surge on orders
    AS KEPPEL Corp's orderbook grows, so does the Singapore company's stock price
  • STX OSV sees oil demand boost
    STX OSV told Fairplay today that rising oil demand is expected to drive new orders this year
  • Oz cyclone threat intensifies
    THE CYCLONE risk for northern Australia has increased, with a new storm off the northwest joining the upgraded Cyclone Carlos in threatening the region.

The Journal of Commerceweb site
FEBRUARY 16, 2011
  • Q&A: Touring the Panama Canal Expansion Project
    In this podcast, Senior Editor of Trans-Atlantic Peter T. Leach talks with Managing Editor Dana L. Brundage on location from...
  • Cleveland Drops Trucks for Passenger Ferry
    The Cleveland-Cuyahoga Port Authority is shifting its plans from a freight-focused ferry service across Lake Erie to Canada to focus...
  • Maersk Alabama Pirate Sentenced to 34 Years
    The sole surviving member of the Somali pirate crew who hijacked the U.S.-flag Maersk Alabama in 2009 was sentenced Wednesday...
  • FMC Approves Tariff Exemption for NVOs
    The Federal Maritime approved rules Wednesday that would exempt non-vessel-operating common carriers from the legal requirement to use published tariffs...
  • Poultry Export Volume Falls as Value Rises
    U.S. poultry exports declined 4.4 percent in volume but increased 0.2 percent in value last year despite trade frictions with...
  • FMCSA Extends Trucker HOS Comment Period
    The Federal Motor Carrier Safety Administration will take comments on its proposed truck driver hours of service rules until March...
  • Mica 'Deeply Disappointed' at Fla. Ending Rail Project
    Rep. John Mica, R-Fla., who chairs the House Transportation and Infrastructure Committee, said he is "deeply disappointed" at Wednesday's decision...
  • Fla. Governor Seeks Dredging, Highway Funds Over Rail
    Florida Gov. Rick Scott submitted a list of major freight-related port and highway project needs to Transportation Secretary Ray LaHood...
  • Pasha Orders Car-Truck Carrier for Hawaii Trade
    Pasha Hawaii contracted with VT Halter Marine in Pascagoula, Miss., for construction of a second pure car/truck carrier for use...
  • Container Rate Index Dips for First Time in Year
    Spot rates on a key trans-Pacific container route fell 2.4 percent last week from a year earlier - the first...
  • Truckload Rates Seen Rising 5 to 10 Percent
    Truckload carriers are seeking rate hikes ranging from 5 to 10 percent as annual contracts come up for renewal, Wall...
  • LaHood Says Other States in Line for Fla. Rail Money
    Plenty of other states will want the passenger rail money that Florida's governor rejected, said Transportation Secretary Ray LaHood, while...
  • NY-NJ Port Urges Support for Dredging Funds
    The Port Authority of New York and New Jersey's top officer urged Congress to support President Obama's budget proposal to...
  • US Steel Exports Grew 29.3 Percent in 2010
    U.S. steel exports jumped 29.3 percent to 12 million tons last year despite a 0.1 percent dip in December volume,...
  • DP World's Cochin Terminal Stands Idle
    Trade moving through India's Port of Cochin is at a complete standstill as the planned transfer of container activity from...
  • Wilh. Wilhelmsen Boosts Profit 13.5 Percent
    Norway's Wilh. Wilhelmsen Holding boosted earnings 13.5 percent in 2010 from the previous year, driven by strong growth in auto...
  • United Arab Shipping Inks $302 Million Ship Loan
    United Arab Shipping Company finalized a $302 million loan facility to finance the acquisition of three remaining container vessels of...
  • England Logistics Buys TMS Technologies
    England Logistics acquired TMS Technologies of Alma, Mich., giving the subsidiary of trucking giant C.R. England access to new logistics...
  • Savannah Container Volume Grows 5 Percent in January
    Container traffic through Savannah posted a year-to-year gain of 5 percent in January while the port's intermodal rail traffic posted...
  • Fla. Governor Kills Major High-Speed Rail Project
    Florida Gov. Rick Scott is rejecting the Obama administration's grants for a major high-speed rail project between Tampa and Orlando,...
  • STB Proposes Big Cut in Shipper Complaint Fees
    The Surface Transportation Board wants to make it cheaper for frustrated rail shippers to file formal complaints over rates and...
  • Industrial Production Dipped in January
    U.S. industrial production fell 0.1 percent in January as a weather-related decline in utility output offset a continued upswing in...
  • DB Schenker Opens Hub in Leipzig for BMW
    DB Schenker is setting up a logistics center in Leipzig, Germany, to supply auto components to BMW car plants in...
  • ANA Carries 29 Percent More International Cargo
    Japan's All Nippon Airways said its international cargo volume increased for the 16th consecutive month in December on a year-on-year...
  • NOL Posts $461 Million Profit for 2010
    APL's parent company reported fourth quarter net earnings of $177 million, reversing last year's losses and pushing 2010 net profit...
  • MSC Raises US Outbound Rates to Asia
    Mediterranean Shipping Co. announced new rate increases for U.S. export cargo to Asia on Tuesday, the latest in a series...

Containerisation Internationalweb site
FEBRUARY 16, 2011
  • MSC moves into top position
  • Maersk/Safmarine to start Europe East India service
  • City Deep container moves affected by SA truck dispute
  • Eurozone growth stutters
  • Chamber warns on 'major impact' of piracy

TradeWindsweb site
FEBRUARY 16, 2011
  • Social network for seafarers
    Website offers social forum for seafarers and visually enticing image bank for owners on the lookout for eastern European job seekers.
  • Somali pirate sentenced
    FBI says 34-year prison term for Maersk Alabama hijacker sends clear message that pirates are not beyond reach of US justice.
  • Sevan fined by Oslo bourse
    Offshore owner slapped on the wrist after failing to report timely update about FPSO equipment failure.
  • Dahlman seals new hire
    US investment bank bets on future of oilfield services sector as it poaches James Crandell from Barclays.
  • Danish ferry dented in gales
    Thor Sydfyen temporarily out of service after hitting the side at Fynshav pa Als.
  • Omega sells JV stake
    George Kassiotis-led Greek tanker owner sells off part of stake in Glencore joint venture to fund new ships.
  • Polarcus lands project
    Rolf Ronningen-led seismic syndicate scores two-month contract for newbuilding bankrolled by market raid.
  • Shanghai founds fund
    Chinese city aims to raise $7.6bn to invest in shipyards and ports throught to 2020.
  • Sick crewman saved
    Seafarer suffering severe chest and stomach pain taken from Pacific Duchess off India.
  • Solstad mulls bond blitz
    Oslo-listed offshore owner looks to tap Norwegian bond market as it races to refinance debt.
  • 'No big drama' for Farstad
    Fall in Norwegian owner's operating profit comes as no surprise to the market.
  • MHI snares $1bn order
    Petroleum Geo-Services turns to Japanese yard with potential four ship seismic deal.
  • NewLead twins fixed
    Nasdaq-listed owner reveals long-term deals for a pair of products tankers at growing rates.
  • NOL shatters bets
    Singapore-listed container line powers past forecasts in Q4 but it is not getting carried away by the revival.

American Shipperweb site
FEBRUARY 16, 2011
  • Bisignani pleads for third Hong Kong runway
    The International Air Transport Association on Wednesday called on Hong Kong authorities to move forward with plans for a third runway at Hong Kong International Airport. "Hong Kong outperforms its population size on the world stage because of its...
  • OOCL rejoins Hapag-Lloyd transatlantic shuttle
    Hong Kong-based liner carrier OOCL said Tuesday it will rejoin as a slot buyer a Hapag-Lloyd-operated transatlantic service due to restart March 13. The German line said Monday it isstarting its ASE service again, with an added call at Hamburg . Th...
  • Japan Big 3 add Quetzal to Asia/South America
    An Asia-West Coast South America service operated by Japan's Big 3 liner carriers is being amended to include a call at the Central American port of Puerto Quetzal, according to American Shipper affiliate ComPair Data. The ALEX 2/ANDES-2 service is...
  • Maersk starts India/Europe service
    Maersk Line and subsidiary Safmarine will start a service linking the Indian Subcontinent, Middle East and northern Europe in March. The ICON service will operate with seven 3,400-TEU vessels with a port rotation of Chennai, Colombo, Salalah, Zeeb...
  • CKYH to start Asia loops in spring
    CKYH Alliance carriers are due to introduce two strings from Asia in April and May, according to the maritime news serviceAlphaliner.One will be a sixth Asia/northern Europe loop, NE-6, to be operated with nine post-Panamax vessels with a rotation ...
  • MSC raising U.S. export rates to Asia
    The Swiss liner carrier MSC said Tuesday it is increasing rates on U.S. export shipments to Asia. The increase, $100 per TEU for dry cargo and $150 for reefer cargo, is applicable to all U.S. origins and all Asian destinations from March 15....
  • UASC secures financing for mega ship order
    Liner carrier United Arab Shipping Co. said Tuesday it has secured $302 million term loan facility to finance the acquisition of three 13,100 TEU vessels. The vessels are the remaining three out of an order of nine such vessels, which the carrier c...
  • APL nets nearly $500 million in 2010
    Liner carrier APL reported $490 million in operating profits in 2010, a year after it lost $698 million, APL's parent company NOL said Wednesday. APL's revenue rose 47 percent in 2010 to $8.3 billion, aided by "higher volumes of cargo transported ...
  • Rebound continues
    Work starts on Long Beach Middle Harbor projectLong Beach Board of Harbor Commissioners this week approved a $123 million dredging and wharf building contract that officially starts construction of the landmark Middle Harbor Redevelopment Project, ...
  • Demand, rate increases drive turnaround

The Scandinavian Shipping Gazetteweb site
FEBRUARY 16, 2011
  • Reseach vessel order to Rauma shipyard
    The Ministry of Fisheries and Marine Resources of the Republic of Namibia has ordered a fisheries research vessel from STX Finland Oy for delivery in spring 2012. The contract has
  • Start of St Petersburg'Stockholm ferry service in late March
    St. Peter Line starts up their ferry service between St. Petersburg and Stockholm with the Princess Anastacia (ex Olympia) on March 31, 2010. There will be two sailings a week
  • Tallink largest in Tallinn
    During 2010 Tallink counted for 61 per cent of the seaborne passengers travelling through the port of Tallinn. Tallink operates two services from Tallinn, one to Helsinki and one to
  • Lisco Gloria to be broken up in Klaipeda
    On February 16, 2011 DFDS Seaways' badly damaged ro-pax vessel Lisco Gloria leaves Odense under tow for her last voyage to be broken up at Klaipeda by BLRT Grupp's
  • Logent takes over Gothenburg car terminal
    The Swedish logistics company Logent takes over the car terminal at Port of Gothenburg, the concession agreement runs over a period of ten years. "Logent is an innovative, rapidly growing

The Bunker Bulletinweb site
FEBRUARY 16, 2011
  • Fujairah bunker market softens
    Product avails remain tight in Cape Town.
  • IFO prices steady in Rotterdam and Hamburg
    In Hamburg, supplier short on low sulphur fuel oil (LSFO) products for prompt delivery.
  • Fuel oil duty to rise
    Russian tariffs on crude oil exports at two-year high.
  • NOL highlights slow steaming as profits grow
    But rising bunker prices will 'weigh on' future operating costs.
  • Fuel oil cargo sold at $8-9 premium
    Traders say high premium is 'in line' with recent transactions in the 'tightly supplied' East Asian market.
  • FAL Oil resumes 'normal bunkering' at UAE ports
    Bunkering ops at Khor Fakkan resume on Wednesday after more than a month's suspension.
  • Bunker prices fall at major ports
    Demand at key Asian ports mostly below average on Wednesday.
  • WFS sues Korea Line for unpaid bunkers
    Files complaint against the troubled shipping firm for $980,597 in unpaid bunkers and services provided to two vessels.
  • South China's February fuel oil imports fall 13%
    Mostly due to ample stocks brought over from January and sluggish demand, says local importer.
  • Tight bunker supplies 'finally ease' in Hong Kong
    Replenishment cargo arrives at the port; another is expected later this week.
  • Singapore shipping firm to implement bunker recovery scheme
    Scheme to be implemented due to rising bunker prices, says Sea Consortium Pte Ltd.
  • KPI Bridge Oil moves New York offices
    KPI has moved its New York offices to 'accommodate further expansion.'
  • 'Off spec' fuel blamed for tanker engine failure
    Ministry called the vessel, which was carrying 307,000 barrels of heavy fuel, a 'serious' threat to the protected waters.

›››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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