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Independent journal on economy and transport policy
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BRIEFS
July 21, 2011
The Business Timesweb site
Shipping News
  • Hyundai Heavy Q2 profit hit by low ship prices
    Hyundai Heavy Industries, the world's largest shipyard, said profit in the second quarter dropped 17 per cent as it built more ships that were won at lower prices after the credit crisis.
  • New mega ship may pressure freight rates
    China's Bohai Shipbuilding Heavy Industry will soon deliver its first mega bulk carrier to Berge Bulk, local media reported, a move that could put further pressure on the weak shipping sector grappling with overcapacity and depressed freight rates. The imminent arrival of the 388,000-tonne mega ship, Berge Everest, comes on the heels of the delivery of two similar sized vessels to the world's largest iron ore miner Vale.
  • Russia plans to revive Soviet-era Arctic route
    Russia plans to revive a Soviet-era Arctic sea passage to service energy projects and provide a shorter supply route to Asia for carriers such as OAO Sovcomflot as the shipping line plans an initial share sale this year.

Sched Netweb site
  • CMA CGM hikes rates US$250/TEU, adds various surcharges from August 1
  • OOIL gloomy as it reports quarterly revenues up 1.4pc to US$1.4 billion
  • Beijing to ban foreign lines from offering cross-strait shipping next year
  • Loops out of Asia slip away to cut supply as peak season surcharges delayed
  • EU environmental regulations will induce freight to move from ship to truck
  • First mate's mobile, laptop use results in 'maritime manslaughter' charge
  • MSC, CSAV join India-European strings into one, dropping Jeddah on backhaul
  • Agility appeal for review quashed, Pentagon fraud charges proceed
  • Kuehne + Nagel accelerates expansion, buys into Brazil's Grupo Eichenberg
  • State of Minnesota's non-critical service shutdown closes truck rest stops
  • Changi reflects on 30 years of flight growth - and much more to come
  • Swissport enters new deals with TNT and Icelandair in Belgium
  • After 2009 cutbacks, Hawaii reinstates 10 agricultural inspectors
  • Mobile X-ray machines favoured as Mideast steps up air cargo security

Exim Indiaweb site
  • Energy-efficient LNG carrier, jointly owned by NYK Line, named
  • Ignazio Messina enhances service from Mundra
  • Jeffrey Ganek joins INTTRAs Board of Directors
  • JNPT Chairman releases Exim India Year Book 2011
  • Overcapacity issue looms large over box shipping
  • Corn exports may rise over four times to 3 m tonnes
  • Glassware from China, UAE may attract anti-dumping duty
  • Iran warns of stopping exports
  • Essar Ports' Vadinar terminal commissions 12-mt expansion
  • Plan to set up Major Port at Port Blair on hold
  • Port workers' body welcomes move to bring in PRA Bill
  • Standoff between MoS & Plan panel could impact investments
  • Tirupur exporters ask FM to convince banks on export credit

Marine Logweb site
JULY 20, 2011
  • NASSCO gets $11.7 million mod to LSD 49 contract
  • EU to provide funds for LNG refueling study
  • Court says California smoke abatement laws are inapplicable to ships
  • New contracts extend Otto Marine OSV operating horizons
  • Siemens equipment for first German-built wind farm installation vessel

World Wide Shipperweb site
JULY 20, 2011
  • AAPA teaming with DOC to advance U.S. exports
  • CSX Corporation delivers second fiscal quarter numbers
  • MOL donates reefer boxes to Japanese fishing cooperative
  • Study finds Port of Seattle taking lead as green seaport
  • Coast Guard reinstates commander following cutter grounding review

Lloyd's Listweb site
JULY 20, 2011
  • Middle East VLCC rates to stay flat on tonnage glut
    The glut of very large crude carriers available for employment in the Middle East Gulf for cargoes loading in the first half of August has ballooned by as many as 12 vessels to 88 ships in the last week, capping significant rate rises for VLCCs shipping crude from the region
  • Yards benefit from boxship order recovery this year
    Maersk Line has dominated ordering activity in 2011 with its multi-billion dollar order for 18,300 teu ships
  • Chinese yards deliver 40% of newbuildings in first half
    Widening gap between South Korean volumes as Asian shipbuilding shift continues
  • BHP hits record for iron ore and thermal coal
    Metallurgical coal numbers are down, though, as its facilities continue to recover from flooding and poor weather conditions earlier this year
  • Sluggish demand from Europe and Caribbean keeps charter rates low
    The downturn in the charter market has gained pace in the last week due to the summer period and low demand from carriers suffering from low utilisation
  • CMB profits slump on low first half capesize freight rates
    Newbuildings put pressure on rates and secondhand values
  • DP World denies damage to cranes at terminal is cause of congestion
    Container lines introduce surcharges in a bid to recover costs
  • Class societies' association to open Brussels office and step up EU lobbying
    Appoints representative to take proactive role in Europe.
  • Global economic indicators paint a worrying picture for ship finance
    Vessel earnings and values remain depressed, while options for raising new funds for investment or refinancing are limited
  • St Petersburg throughput falls 2% in shift from coal to containers
    Switch is part of programme for removal of environmentally unfriendly cargoes
  • Paragon Shipping signs up with blue-chip charterers
    Recent deals with Cargill and Morgan Stanley Capital highlight a strategy of securing reliable cash flow when the outlook for dry bulk earnings looks poor
  • Graig plans giant eco-feedership fleet
    First six vessels from Jin Hai yard to cost $180m, with expectation of 20 more similar vessels
  • Poland's rival ports maintain battle of words
    The fierce competition between Gdansk and Gdynia can be traced all the way back to the First World War
  • Why shipping stays offshore
    Is anybody listening to what the Greek private sector really needs to help improve the country's economy?
  • London's newest maritime library
    Lloyd's Register stepped in to save Imarest's world-class archive
  • The industry's responses to the scourge of piracy
    Evolving thinking about preventing pirate attacks has been marked by an increasingly aggressive call to arms
  • Norway provides template for armed guards
    New rules are a highly practical response to shipowners' calls for a workable code
  • Lines swap slots in Asia-Europe trades
    Capacity withdrawals force new partnerships
  • Wake up and smell the crude
    Greek VLCC owners may be in denial over Chinese dominance of Gulf to China route
  • Russia to develop 'toolkit' to ease way for ports concessions
    European Bank for Reconstruction and Development poised to lend funds for state-run agency to create draft agreements and tendering guidelines
  • Indian chaos
    India's government needs to resolve the tension between the urgent need to develop its infrastructure and following due process
  • Hyundai Heavy earnings fall 40% in second quarter
    Poor performance in non-shipping units drags on results
  • CMA CGM announces Asia-Europe peak season surcharge and rate hike
    Third attempt in as many months to press for higher freight rates
  • DP World takes majority stake in two Suriname port terminals
    Global ports group acquires control of container and breakbulk facilities at Paramaribo
  • Pacific Shipping Trust records steady second quarter
    Income stream defies tough market conditions as long-term charters remain intact
  • Head of Lloyds ship finance to step down
    Bank says Bart Veldhuizen is being replaced
  • Equatorial Guinea in shipbuilding and repair push
    Central African country to build first vessels at port of Malabo
  • OOCL points to disappointing outlook for full-year performance
    Demand is reasonable but rates on key east-west rates trades continue to deteriorate

Fairplayweb site
JULY 20, 2011
  • Shikhov stresses IMO ties
    STRONGER ties with regulators, "in particular with the IMO", was listed today as a top priority for new IACS chairman Pavel Shikhov
  • EU adds money for LNG fuel study
    THE EU is to provide €9.57M ($13.58M) as part-funding for a €26.79M Belgian-Danish study to analyse proposals to switch to LNG propulsion to reduce ship pollution
  • ICS, ISF disown scam email
    A BOGUS email has suggested that recipients owe money to the International Chamber of Shipping and International Shipping Federation, the groups warned today
  • EU backs bigger Dunkirk
    DUNKIRK is to receive €1.85M ($2.63M) from the EU towards the €3.5M cost of a study into an expansion including two new deepwater docks
  • IACS plans performance gauges
    IACS IS changing its quality certification system, its recently appointed chairman said today
  • Steamships score ECA relief
    A DECISION by the IMO'S Marine Environment Protection Committee has effectively extended the fleet lifespan of struggling Jones Act carrier Horizon Lines
  • Cash confiscated at UK port
    OFFICERS at Holyhead ferry port in northern Wales have seized smuggled cash worth nearly $240,000, the UK Border Agency told Fairplay today
  • Bulks drive up Antwerp totals
    ANTWERP'S throughput increased by 10.4% to 95.87M tonnes in this year's first half, the port authority said today
  • Iran-India payment snag exacerbated
    IRAN IS threatening to cut off crude supplies to India because sanctions against Tehran make it difficult for other nations to pay for shipments, IHS Global Insight reported today
  • DPW bets on Suriname
    DUBAI Ports World today confirmed a major entry into the Suriname market in South America
  • Indonesia coal exports to India rising
    INCREASED demand in India for coal has enabled Indonesian exporters to set a record, IHS McCloskey reported today
  • HHI profits dive 16.5%
    HIGH STEEL prices contributed to a fall in net profits for South Korea's Hyundai HI in the second quarter, despite a jump in revenues
  • Atlantic ballasting rises for Panamaxes
    BROKERS told Fairplay today soft Panamax bulker rates in the Pacific are expected to spill over to the Atlantic
  • No-one bids for Greek container facility
    GREECE has reportedly failed to attract bids for its first container storage and distribution facility
  • Typhoon port closures fail to harm markets
    BROKERS told Fairplay today that the closure of some Japanese ports as Typhoon Ma-on approaches was not immediately expected to affect clean products and crude freight rates

The Journal of Commerceweb site
JULY 20, 2011
  • Democrats Say Republicans Risk FAA Shutdown
    The Obama administration and Senate Democrats say Republicans' attempt to cut rural air service subsidies is risking a Federal Aviation...
  • Averitt Cuts Transit Times to Western Canada
    Averitt Express is shortening transit times between the Southern U.S. and Western Canada with a service that speeds freight across...
  • Customs Manifest Testing Pushed Back Again
    The start date for testing ocean and rail manifest systems of Automated Commercial Environment is pushed back to Aug. 1...
  • CSAV Volume Down, Average Revenue Up
    CSAV's volume of transported containers fell by 10 percent in June from May of this year, but the average revenue...
  • CSX Sees Shorter But Strong Peak Season
    CSX Transportation expects the upcoming intermodal peak season to kick in later than last year and not last as long,...
  • CN Improves Northern Ontario Main Line
    Canadian National Railway will spend more than $21 million (C$20 million) this year and next to expand the sidings of...
  • Port of Antwerp Container Traffic Grows 4.3 Percent
    The Port of Antwerp's container handling increased 4.3 percent year-over to 20-foot equivalent units in the first six months of...
  • Japan Extends Anti-Piracy Efforts
    Japan will extend the Self-Defense Forces' anti-piracy mission in the waters off Somalia for another year starting July 23. ...
  • Heavy Truck Orders Drop 9 Percent
    Heavy truck orders slowed for the second straight month in June, dropping 9 percent from May levels to 21,266 units,...
  • Marten Transport Boosts Profit 20 Percent
    Marten Transport improved its profitability for the fifth straight quarter, raising its profit 20.1 percent from a year ago to...
  • Duisburg Traffic Up 10 Percent in First Half
    Duisburg, the world's largest inland port, boosted first half 2011 container traffic by 10 percent from a year ago, outpacing...
  • MSC to Anchor New Togolese Port Terminal
    Mediterranean Shipping Co. will be the anchor customer of a new terminal at the Port of Lome, Togo, with annual...
  • Indian Navy Foils Pirate Attack
    The Indian Navy foiled an attempted pirate attack on a Greek merchant ship in the Gulf of Aden between Yemen...
  • Melford International Terminal's President on Project's Progress, Challenges Ahead (Video)
    Peter Tirschwell, senior vice president of Strategy for UBM Global Trade (parent company of The Journal of Commerce) sits down...
  • CSX's Ward "Not Overly Concerned" About Economy
    The rail freight economy is improving, the head of CSX Transportation said, and key customer sectors such as manufacturing point...
  • Heartland Express Profit Jumps 35.3 Percent
    Heartland Express increased its profit 35.3 percent year-over-year to $22.5 million as operating revenue rose 7 percent to $137.2 million...
  • Maersk to Launch Ecuador-Black Sea Service
    Maersk Line will start a new service between Ecuador and the Eastern Mediterranean and the Black Sea in September that...
  • OOCL Warns of "Disappointing" Year
    Orient Overseas Container Line is forecasting a "disappointing" full year even after the shipping line's second-quarter container volume and...
  • Steinke: Ports Must Reach Out to Communities
    Dick Steinke helped to build Long Beach into the nation's second largest container port during his 14 years as executive...
  • CSX Profit Rose 22 Percent in Second Quarter
    Second quarter profit at CSX Transportation jumped 22 percent to $506 million on just a 3 percent rise in freight...
  • DP World Buys Two Suriname Port Operators
    DP World acquired a controlling interest in two port companies in Suriname, expanding the Dubai-based terminal operator's footprint in the...
  • Maersk Postpones East Asia-US East Coast Surcharge
    Maersk Line is postponing by two weeks the implementation of the peak season surcharge that it planned to apply on...
  • JAL Cargo Plummets, ANA Up 2.1 Percent
    Japan Airlines' international cargo volume plummeted 58.5 percent in May as the carrier adjusted to business without full freighters and...
  • CMA CGM Raises Asia-Europe Rates
    Ocean carrier CMA CGM announced will impose a series of rate hikes and peak season surcharges on Asia-Europe trade lanes...

Containerisation Internationalweb site
JULY 20, 2011
  • ESC objects to EC's proposed Sulphur Directive
  • DP World starts up in Suriname
  • Cebr warns of 'market crash'
  • CMA CGM leads the way back from unsustainable rates
  • OOCL says 2011 outlook 'disappointing' as it reports Q2 results

TradeWindsweb site
JULY 20, 2011
  • CMB battles bulker blast
    'Tsunami' of newbuildings will continue to weigh on rates and vessel values over the next 12 months, Bocimar warns.
  • Bharati stays in black
    Vijay Kumar-led shipyard posts solid profit but bottom line is bolstered by greater subsidy in final quarter.
  • Arctic adds SCF appeal
    Russian plans to open up northern sea route will benefit tanker owner Sovcomflot, analysts say.
  • Antwerp still on the up
    Key Belgian port posts first-half volume increase of 10% as steel and crude lead the way.
  • Bomb kills ship inspector
    Brit is 'engulfed in flames' after a blast rips through his car in the town of Aden.
  • Three cheers for Otto
    Singapore-listed offshore operator headed by executive chairman Yaw Chee Siew bags new deals to enter maintenance market.
  • Court loss hurts FSL
    Philip Clausius-led Trust tipped into the red in the second quarter following fuel spat defeat in China.
  • Clarksons clocks LNG spike
    Newbuilding orders in booming sector have jumped by over 400% in the first half of 2011, broker notes.
  • ISS gets cash injection
    Chemicals group Chambal to pump fresh capital into tanker unit India Steamship as it prepares to stand alone.
  • PST profit creeps up
    Singapore-listed trust sees marginal improvement in second quarter showing as it waits for new capes to spur its bottom line.
  • HHI profit dips
    Strong demand for LNG carriers and drillships keeps shipbuilder in good shape for second half.
  • Wartsila winning
    Finnish ship engine maker sees interim earnings grow thanks to LNG-fueled vessel business.
  • Samho ship to be sold
    Hong Kong judge orders auction of troubled Korean owner's arrested tanker Samho Cordelia.
  • Euronav slides on earnings miss
    Tanker owner's stock in reverse after second quarter report but its numbers were not all bad news, analysts say.
  • Nakilat strong in first
    Qatar LNG carrier owner pushes up profit by 16% as vessel earnings grow.
  • Sale saves B+H
    Michael Hudner-led owner books first half profit thanks to cash from sale of products tanker.

American Shipperweb site
JULY 20, 2011
  • Strategic Trade Authorization
  • Low rates plague OOCL in Q2
    OOCL's revenue stagnated in the second quarter, while volume increased 6.5 percent, the liner carrier said in an interim statement Wednesday. OOCL's revenue increased 1.4 percent to $1.4 billion in the second quarter, and rose 8.5 percent to $2.7...
  • CMA CGM seeks higher Asia/Europe rates
    Liner carrier CMA CGM on Tuesday said it plans to hike rates on the Asia/Europe trade Aug. 1. The line said it will raise Asia/Mediterranean rates by $250 per TEU and assess a $25-per-TEU peak season surcharge on the same date. CMA CGM said the su...
  • Report: China's HNA bidding for GE SeaCo
    Report: China's HNA bidding for GE SeaCo Report: China's HNA bidding for GE SeaCoHNA Group, a Chinese conglomerate that owns Hainan Airlines and Great China Shipping, is vying with the New York U.S. private equity group Kelso to buy GE SeaCo, TheF...
  • CSX reports 28 percent hike in profits
    CSX Corp. reported second quarter profit of $506 million, 28 percent more than the $414 million earned in the same 2010 period. Revenue was $3 billion for the quarter that ended July 1, 13 percent more than the $2.7 billion in the comparable 2010 ...
  • U.S. aerospace expects uplift from export reform
    The Aerospace Industries Association welcomed the Obama administration's proposed rule to relieve low-risk technology exports of burdensome and unnecessary restrictions. "For years the U.S. export control system has created confusion and delay in ...
  • U.S. regulators halt unsafe jewelry imports
    Collaboration between the U.S. Consumer Product Safety Commission and Customs and Border Protection has stopped another shipment of unsafe imports from entering the U.S. economy. This time the article in question was children's toy jewelry that con...
  • Matson rebrands units as Matson Logistics
    Matson said Tuesday it is rebranding its three logistics units under the new name, Matson Logistics. Matson said having the three entities -- Matson Integrated Logistics, Matson Global and Matson America -- use the same brand "will better define th...
  • BIS promises improved trade with U.S. allies
    A newly proposed regulation by the U.S. Commerce Department's Bureau of Industry and Security calls for amending the Export Administration Regulations to establish a process by which certain items moving from the Munitions List to the Commerce Co...
  • Judge orders Long Beach truck study
    A federal judge has ruled that the Port of Long Beach erred in 2009 when it modified without study its clean trucks program as part of a settlement with the American Trucking Associations. The court ordered the port to conduct such a study and rep...

The Bunker Bulletinweb site
JULY 20, 2011
  • Fujairah prices rise
    Supplies tight in the port.
  • Rotterdam and Hamburg bunker markets firm
    Busy morning session in Hamburg.
  • Total to sell LSFO in Le Havre
    Products will be imported from facilities in the ARA region.
  • European shippers call for delay of ECA sulphur limit
    Low sulphur fuel regulation could cause 'major shift to road freight,' warns ESC.
  • Chevron to close London bunker desk
    Closure to follow sales of its refining and fuels marketing business in the UK and Ireland.
  • First-ever greenhouse gas regulations for ships adopted by IMO
    This sends a strong signal that it is time to find ways to reduce emissions and fuel costs, while increasing overall ship efficiency. But the work is not done.
  • Asian bunker prices lack direction
    Demand generally 'moderate' at key Asian bunker hubs.
  • Logistical 'uncertainty' a chief concern of slow steaming
    BDP International carries out survey on how slow steaming affects companies.
  • Industry veteran steps in as director, CEO for Sri Lankan bunker firms
    Channa Abeyagunewardena joins Interocean Energy Pvt Ltd and McMarine Pvt Ltd as of July 12.
  • Lower freight rates in Q2 'hurt' OOCL
    Improved revenues needed to offset 'significant increases' in bunker prices, says parent firm.
  • Belgian tanker owner swings to red
    Tanker market faced with slump in rates and high bunker prices during Q2.

›››File
FROM THE HOME PAGE
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
Companies inform
Accelleron and Geislinger: An Evolving Technical Collaboration
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
COSCO Shipping Holdings Group's revenues fell by -3.4% in the second quarter of 2025.
COSCO Shipping Holdings Group's revenues fell by -3.4% in the second quarter of 2025.
Shanghai
Sharp decline in economic performance in the trans-Pacific and Asia-Europe markets
For Federlogistica, the bridge over the Strait of Messina will have the miraculous power to gradually eliminate a framework of social injustices.
For Federlogistica, the bridge over the Strait of Messina will have the miraculous power to gradually eliminate a framework of social injustices.
Genoa
Falteri: it can become the artery of an economic and social body that has been underdeveloped to date
SBB CFF FFS Cargo's half-year performance was negative.
Bern
The Swiss company announced a drop in volumes in both domestic and transit traffic.
COSCO Shipping Ports reports record quarterly revenue
Hong Kong
In the April-June period, net profit was 122.4 million dollars (+32.4%)
Cargo traffic at Chinese seaports hit a new record high in July
Cargo traffic at Chinese seaports hit a new record high in July
Beijing
Foreign traffic amounted to 427.6 million tonnes (+6.1%)
South Korea's HD Hyundai Heavy Industries Co. and HD Hyundai Mipo Co. to merge
Seoul
The completion of the operation is expected for next December 1st.
Filt Cgil, priority should be given to valorizing AdSP workers rather than assigning positions
Rome
The union denounces the failure to comply with the National Collective Labour Agreement
In the second quarter of this year, freight traffic in the port of Venice grew by +4.1%
Venice
There were 228 thousand cruise passengers (+12.8%)
COSCO Shipping International's revenues increased by 10.3% in the first half of the year.
Hong Kong
Net profit was HK$494.6 million (+26.0%)
G20 nations' merchandise trade showed modest growth in the second quarter
Geneva
The increase in trade in services was more pronounced
South Korea's HD Hyundai announces multibillion-dollar investment program to revitalize the U.S. shipbuilding industry.
South Korea's HD Hyundai announces multibillion-dollar investment program to revitalize the U.S. shipbuilding industry.
Seongnam
Agreements with the US investment firm Cerberus Capital and the Korea Development Bank
MSC World Europa cruise ship crashes off the coast of Ponza
Rome
The Coast Guard reports that the situation on board, where there are 8,585 people, is calm and under control.
MSC World Europa has resumed autonomous sailing
Rome
Electrical problem solved, the cruise ship is headed for the port of Naples
PostEurop warns that from August 29, shipments of goods to the USA could be limited or suspended
Brussels
Last month, Trump eliminated tariff exemptions for low-cost goods.
Chinese oil company OOIL sees growth in its half-year financial results.
Hong Kong
In the first six months of this year, revenues increased by +5.0%
Premier Alliance to split Mediterranean Pendulum 2 service next month
Seoul/Singapore/Keelung
Investment firm CVC Capital Partners exits Boluda Maritime Terminals and TTI Algeciras
Schiphol
The two terminal companies manage a total of nine Spanish port terminals
ZIM's quarterly economic and operating performance declines
ZIM's quarterly economic and operating performance declines
Haifa
In the period April-June the average value of freight rates fell by -11.6%
Interferry's Entry/Exit System risks delaying ferry operations at European ports.
Victoria
The system will come into force on October 12th
DFDS closes second quarter with a loss
Copenhagen
In the period April-June 2025 the fleet transported 10.6 million linear meters of rolling stock (-0.4%)
Ammonia and methanol are ready to decarbonize shipping, but some obstacles to their use must be removed.
New record quarterly results for the American cruise group Viking
New record quarterly results for the American cruise group Viking
Los Angeles
The April-June period closed with a net profit of 439.2 million dollars (+182.2%)
Container traffic in the port of Barcelona grew by 1.8% last month.
Barcelona
202,321 TEUs handled at loading and unloading (+10.4%) and 142,492 TEUs in transit (-8.3%)
In the second quarter of 2025, freight traffic in the Port of Hamburg grew by +4%
In the second quarter of 2025, freight traffic in the Port of Hamburg grew by +4%
Hamburg
Sharp increase in transshipment container volumes (+26%)
Norway's Xeneta has bought Denmark's eeSea
Oslo
Both companies provide data and information for the optimization of containerized maritime transport
In the April-June quarter, freight traffic in Tunisian ports decreased by -3.8%
La Goulette
In the first six months of 2025, 13.8 million tonnes were handled (-3.2%)
Port of Koper sets new quarterly records for containers and rolling stock
Ljubljana
In the period April-June, 5.6 million tons of goods were moved (-4.1%)
Port of Los Angeles hits record monthly container traffic
Los Angeles
Over one million TEUs were handled in July (+8.5%)
Hapag-Lloyd reports second quarter increases of +2.0% in revenues and +12.4% in containers transported by the fleet
Hapag-Lloyd reports second quarter increases of +2.0% in revenues and +12.4% in containers transported by the fleet
Hamburg
Net profit fell by -39.4%
Evergreen reports an 18.7% drop in quarterly revenues
Taipei
The April-June period closed with a net profit decrease of -62.9%
South Korean company HMM's revenues fell by 1.5% in the second quarter.
Seoul
Trump announces rejection of IMO's shipping decarbonization program
Washington
The proposed framework - it is denounced - is in effect a global carbon tax that affects Americans and is imposed by an irresponsible United Nations organization.
Taiwanese companies Yang Ming and Wan Hai Lines reported negative results in the second quarter.
Taiwanese companies Yang Ming and Wan Hai Lines reported negative results in the second quarter.
Keelung/Taipei
In the period April-June, revenues decreased by -26.5% and -8.7% respectively
Cruise traffic at Global Ports Holding terminals grew by 6.0% in the second quarter
Istanbul
In the first six months of 2025, an increase of +16.7% was recorded
In the period April-June, cargo traffic in Croatian ports decreased by -4.0%
Zagreb
Cruise passengers grow by +5.4%
Container traffic at US ports is expected to plummet in the second half of this year.
Washington/Long Beach
In July, the Port of Long Beach handled 944,000 TEUs (+7.0%)
ThyssenKrupp shareholders approve spin-off of ThyssenKrupp Marine Systems
Eat
The company will be listed on the Frankfurt Stock Exchange
WTO: Measured responses have cushioned the impact of tariffs in 2025, but risks remain high for 2026.
WTO: Measured responses have cushioned the impact of tariffs in 2025, but risks remain high for 2026.
Geneva
Global trade in goods is expected to grow by 0.9% this year
Hupac will increase the number of weekly rotations between Busto Arsizio and Basel from five to eight
Noise
Increase in attendance from September 1st
From January 1st, new bunkering regulations will apply in the ports of Rotterdam and Antwerp.
Rotterdam
The barges must be equipped with flow meters
Maersk reports higher quarterly revenue, lower earnings
Maersk reports higher quarterly revenue, lower earnings
Copenhagen
Terminals and logistics have made a positive contribution. Container shipping benefits from demurrage revenues.
The CIPESS has approved the final project for the bridge over the Strait of Messina.
Rome
Construction will begin this year and the project will be completed in 2032.
DHL Group revenues fell by 3.9% in the second quarter
DHL Group revenues fell by 3.9% in the second quarter
Bonn
Significant reduction in shipments from China and Hong Kong to the US due to Trump's abolition of the de minimis regime
The Grendi group has acquired 70% of Dario Perioli Spa
The Grendi group has acquired 70% of Dario Perioli Spa
Milan
The remaining 30% will remain with Fingiro, owned by Michele Giromini, the company's CEO.
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
In the second quarter, sales of dry containers produced by CIMC fell by -33%.
Hong Kong
Reefer boats increase by 57%
The Grimaldi Group has taken delivery of the Grande Shanghai
Naples
It will be used for the transport of vehicles between East Asia and Northern Europe
The ART urges to verify that the investment plan and the related amortization period are consistent with the duration of the port concessions.
Turin
Chinese automaker FAW ships components to Europe by train
Changchun
Transit time reduced to 18 days compared to 45 days for maritime transport
The assets and fleet of the Spanish Armas Trasmediterránea will be sold to Baleària and DFDS
Las Palmas/Dénia/Copenhagen
Two agreements worth €215 million and €40 million respectively have been signed.
Italian State Railways (FS), investing €70 million to install the ERTMS system.
Rome
Work has been completed on 382 Trenitalia trains, while the retrofitting of 60 locomotives from Mercitalia Rail, an FS Logistix company, is underway.
MPC Container Ships' quarterly revenue returns to growth
The second quarter of 2025 was closed with a net profit of 78.1 million dollars (+20.5%)
Plans to build two container customs areas north and south of the Suez Canal
Cairo
Fourteen of the 48 abandoned shipwrecks in Catania port have been removed.
Catania
The activity will be replicated in the port of Augusta
The Regional Administrative Court (TAR) has confirmed the validity of the tender for the new Ravano Terminal in the port of La Spezia.
La Spezia
DP World's port terminals handled record quarterly container traffic
Dubai
Revenues grew by 22.2% in the first half of 2025
In the quarter April-June the volume of rolling stock transported by Höegh Autoliners increased by +9.0%
Oslo
Sharp increase (+46.6%) of vehicles from Asia
South Korea's HD Korea Shipbuilding & Offshore Engineering acquires Vietnam's Doosan Enerbility
Seongnam
It manages an industrial area with its own port facility
Container traffic in the port of Algeciras grew by 6.6% in July
Algeciras
In the first seven months of 2025, a decrease of -2.9% was recorded
In July, the port of Valencia handled 488,000 containers (+6.7%)
Valencia
Increase driven by growth in empty containers
Salvini has appointed Annalisa Tardino as extraordinary commissioner of the Western Sicilian Sea Port Authority.
Rome/Palermo
The President of the Sicilian Region announces the appeal against the provision
The materials dredged in the ports of La Spezia and Carrara will be used for the construction of the new breakwater in Genoa.
Genoa/La Spezia
Agreement between the two Ligurian Port System Authorities
X-Press Feeders denounces authorities' failure to acknowledge responsibility in the X-Press Pearl accident
Singapore
According to the company, the Supreme Court ruling ignores international maritime law
Container traffic in the port of Hong Kong decreased by -6.5% in July
Hong Kong
A decline of -3.7% was recorded in the first seven months of 2025
Cargo traffic in Russian ports remained stable in July
St. Petersburg
In the first seven months of 2025, loads decreased by -4.6%
In July, the Port of Singapore set a new all-time record for monthly container traffic with 3.9 million TEUs.
Singapore
In terms of weight, containerized cargo decreased by -3.6%
Compensation to be paid by the Civitavecchia Port Authority in the Fincosit case has been set at €1.5 million.
Civitavecchia
Latrofa: The ruling allows the release of set-aside sums that have frozen the budget for years.
Germany's HHLA posts record quarterly revenue
Hamburg
In the second quarter, the group's port terminals handled 3.2 million containers (+7.9%)
In the first half of 2025, CK Hutchison's port terminals handled 44 million containers (+4.0%)
Hong Kong
In the quarter April-June the Wallenius Wilhelmsen fleet transported 14.8 million cubic meters of rolling stock (-0.5%)
Lysaker
Revenues down by -0.7%
In the second quarter, Montenegro's ports handled 670 thousand tons of goods (+0.6%)
Podgorica
Volumes with Italy amounted to 154 thousand tons (+53.1%)
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
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
With the arrival of the first container ship, the testing of operational procedures at the Rijeka Gateway begins.
The Hague
The first commercial ship is expected on September 12th
A proposal to bring the port of Taranto back onto global container routes? Start a discussion table.
Taranto
Meeting on the status of freight traffic
Port of Ancona: Tender for demolition of fire-damaged Tubimar warehouses
Ancona
The expected duration of the works is four and a half months
Merger of the German MACS and Hugo Stinnes, both active in the MPP vessel segment
Hamburg/Rostock
Stinnes headquarters in Rostock to close by December 31
In the second quarter, freight traffic in Albanian ports grew by +2.9%
Tirana
There were 331 thousand passengers (+13.6%)
A.SPE.DO, operationalizing the Smart Terminal to increase the competitiveness of the port of La Spezia.
La Spezia
ING loans to Premuda for over 100 million dollars
Milan
Funds for the management buyout and the purchase of two product tankers
Sallaum Lines has taken delivery of the first of six Ocean-class dual-fuel PCTCs
Rotterdam
The ship was completed four months ahead of schedule
First meeting of the new Management Committee of the Western Ligurian Sea Port Authority
Genoa
Several measures approved, including those for CULMV and CULP staff
Euroports to operate a new liquid bulk terminal in the French port of Port-La Nouvelle
Beveren-Kruibeke-Zwijndrecht
It is expected to become operational in 2026
In the second quarter, freight traffic in the port of Ravenna increased by +2.6%
Ravenna
Growth of 0.6% was recorded in June. An increase of 4.8% is expected in July.
OsserMare presents five reports on the marine economy
Rome
They focus on a specific sector supply chain or aspect of it
Port of Naples: Road haulage operations resume
Naples
Resolution meeting between institutions, operators and trade associations
ICTSI again reports record quarterly financial and operating results
Manila
Global Ship Lease Reports Record Quarterly Revenue
Athens
In the April-June period, net profit was 95.4 million dollars (+8.4%)
Vard receives new order from North Star for two hybrid SOVs
Trieste
Contract worth between 100 and 200 million euros
The Panama Shipping Registry will no longer accept the registration of oil tankers and bulk carriers over 15 years old.
Panama
Measure to counter the use of the shadow fleet
Danaos Corporation reports record quarterly revenue
Athens
The April-June period closed with a net profit of 130.9 million (-7.3%)
New customs fast corridor between the port of La Spezia and Interporto Padova
Padua
It adds to the other three already active on the same route
ICTSI to operate Indonesia's Batu Ampar Container Terminal
Manila
It is located on Batam Island
Pino Musolino has been appointed CEO of the Alilauro shipping company.
Naples
He replaces the resigning Eliseo Cuccaro
In the second quarter, DIS' time charter revenues fell by -37.1%.
Luxembourg
Net income was $19.6 million (-70.5%)
Wista Italy denounces the exclusion of women from the nominations of port authority presidents.
Milan
Musso: The glass ceiling that prevents women from accessing leadership roles remains.
Austrian Rail Cargo Group is focusing on the development of the Sommacampagna-Sona intermodal terminal.
Vienna
Ten-year agreement
In the second quarter, maritime traffic in the Bosphorus Strait decreased by -6.0%
Ankara
18.1% decline in ships over 200 metres in length
Fifty kilos of cocaine seized at the port of Civitavecchia
Rome
They were hidden inside a reefer container arriving from Ecuador
Trump has eliminated tariff exemptions for low-cost goods for all nations.
Washington
Goods with a value of less than $800 will also be subject to the tax.
Viking Mira was launched at Fincantieri's Ancona shipyard
Trieste
The multi-role frigate "Emilio Bianchi" was delivered to the Muggiano shipyard
The Port Authority of the Central-Northern Adriatic Sea has obtained EMAS registration
Ravenna
Certifies commitment to environmental management and sustainability
MSC Cruises reduces emissions with the support of an energy transition plan
Geneva
The 2024 Sustainability Report has been presented
DSV reports strong growth in financial and operating results thanks to the acquisition of Schenker
Hedehusene
Quarterly record in air and ocean shipment volumes
In 2024, the Fratelli Cosulich group's revenues increased by +12.8%
Genoa
Operating result down by -31.7%
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