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Independent journal on economy and transport policy
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BRIEFS
February 25, 2011
The Business Timesweb site
Shipping News
  • Faster UPS service to come to Singapore
    UPS is expanding one of its freight services to 10 more Asian ports, including Singapore, it announced yesterday.
  • Crude tanker rates fall for 6th day
    Earnings from shipping Middle East crude oil to Asia, the world's busiest route for supertankers, fell for a sixth day after demand was met to haul February cargoes.

Sched Netweb site
  • Drewry box index slips again as contract talks get underway
  • APM Terminals profit up 60pc as Yantian sales offset global loss
  • CMA CGM suspends cargo bookings to Libya
  • China expects its 2011 trade to increase 21pc to US$3.6 trillion
  • Europe's container growth to be moderate: Global Port Tracker
  • Two 13,100-TEU ships for Rickmers to join Maersk fleet
  • SeaIntel expects transpac demand to rise 15-20pc in 2011
  • Cocoa and rubber ablaze at Amsterdam Westport
  • US consumer confidence hits three-year high in February
  • New Zealand quake paralyses Lyttleton Port at Christchurch
  • Hamburg Sud christens newest 7,100-TEU box ship
  • Georgia accuses South Carolina saboteurs of aborting Jasper Terminal
  • Toll Holdings half-year profit up 53pc to US$165 million
  • Flynt group rebrands to Barloworld Logistics in HK, China
  • Panalpina to take over Norway's Grieg Logistics
  • Jilin to build US$486.3 million agricultural logistics park
  • Cathay lauds HK budget for commitment to global transport
  • FAA investigates Denver airport after runway breaches
  • Forwarders can now sue airlines after statute of limitation deadline

Exim Indiaweb site
  • LNG demand has vessel & freight rates zooming ahead
  • Wishlist of an Indian shipping co. to the Finance Minister
  • EU order defining ayurvedic products a trade barrier, says industry
  • Biplav Kumar assumes charge as Deputy Chairman of MPT
  • JNPT Chairman addresses naval architects
  • MPSEZ enters 1-million-TEU Club
  • Ro-ro service trial run carried out at Vallarpadam ICTT
  • Rlys allows mining firms to fund last-mile links
  • Vikas Anand takes charge as COO of DHL (India)
  • Exports will surely touch $ 500 bn by 2014-15: Fieo
  • Govt seeks to double exports to $ 450 bn by 2013-14
  • Leather sector urged to take advantage of Central programme

International Transport Journalweb site
FEBRUARY 23, 2011
  • Rotterdam port expansion entering sandy stage
    Maasvlakte 2, the port of Rotterdam's expansion scheme, is steadily taking on more shape. Some 190 million cbm of sand have now been sprayed onto the site. The new land will be sho...
  • Managerial changes at Imperial Reederei on 1 July
    The Imperial Reederei group is set to reshuffle its management on 1 July. The inland shipping service provider has named a successor for Karl-Heinz Bellmer, who is stepping down fr...
  • K Line announces new Asia-east coast of South America service
    The Japanese shipping company Kawasaki Kisen Kaisha Ltd (K Line) is launching ECSA, a new bi-weekly service from Asia to the east coast of South America that will be operated...
  • Augustin Quehenberger Group overshoots 2010 sales target
    The Austrian logistics service provider Augustin Quehenberger Group reported a turnover of EUR 371.8 million in 2010, thus overshooting its projected target of EUR 360 million by a...
  • GAC extends global agency network to Bahamas
    GAC's global shipping network has been further strengthened with the signing of an alliance agreement with Bahamian agency Elnet Maritime Co. Ltd. Under the terms of the pact, a co...
  • Damco: new office in port of Le Havre
    AP Moller-Maersk's logistics unit Damco has opened a new office at the port of Le Havre (France), a development that gives it a good chance of competing against other freight forwa...
  • Two more container leviathans from Rickmers for Maersk
    Two more 13,100 teu containerships have been built for the German Rickmers Group in Ulsan (Korea). The "Leo Rickmers" and the "Scorpio Rickmers" will be charter...

Marine Logweb site
FEBRUARY 24, 2011
  • Port of LA plugs in three cruise lines to shoreside power
  • Chuck Raymond steps down as Horizon Lines cops plea in price fixing case

World Wide Shipperweb site
FEBRUARY 24, 2011
  • Port of Portland Compass honor presented to Greenbrier executive
  • Navios Maritime Holdings earns Panama Excellence award
  • Cargill delivers millions to United Way charities
  • ATA truck tonnage index climbs during month of January
  • Coast Guard posthumously awards Meritorious Public Service medal

Lloyd's Listweb site
FEBRUARY 24, 2011
  • China offers to double Greek finance pledge to $10bn
    Beijing confirms its banks are willing to expand existing $5bn facility 'as long as there is demand from owners'
  • Middle East unrest throws spotlight on risk for tankers
    With political turmoil in Egypt and neighbouring countries, shipowners need to remain vigilant
  • MR product tanker rates double in one week
    Medium range product tankers on the transatlantic trade have seen rates double in a week, after an influx of fresh cargoes bound for West Africa slashed the number of vessels waiting for employment, providing a much-needed injection of confidence for owners struggling in the volatile market
  • China to be top Asian gas market
    China's gas market is one of the fastest growing in the world, according to the International Energy Agency
  • Australia set to drive growing LNG supplies
    The majority of China's growing LNG imports are shipped under long-term contracts from LNG exporters in Australia, Malaysia, Indonesia and Qatar
  • China puts its foot on the gas
    Nation's hunger for energy does not look like abating but huge reserves of shale gas in its interior may derail rising LNG import demand
  • Updated: Latest ship movement from Lloyd's List Intelligence's APEX service
    All Libyan ports shut but there are reports of some crude ports partially working
  • Grand China faces charter claim
    Greek shipowner launches arbitration proceedings against group
  • Chinese finance a worry for shipping
    Prospect of more tonnage flooding bulker and tanker sectors would drive rates down to rock bottom
  • BDI flattens as inquiries dwindle
    Baltic Dry Index falls 11 points to 1,242 today
  • Stuck in a jam
    UK's farcical attempts at evacuating Britons from Libya demonstrates that countries need a government-run marine emergency service
  • Teekay Offshore Partners full year profit shrinks
    Full-year net profit down to $78.9m from $135.63m
  • Derivatives boost Teekay LNG Partners' bottom line
    Company returns a net profit of $92.9m for full year 2010
  • Teekay Tankers eyes vessel buys
    Says 50% of its vessel operating days would rake in an average time charter equivalent rate of $24,500 a day
  • 'No clearance' for Libya evacuees to board Greek tanker
    Minerva vessel was set to pick up stranded Greek nationals after a request for help from the country's authorities
  • Teekay boss predicts more gloom for spot tanker market
    Glut of vessel deliveries will hit demand
  • Yildirim boss reveals CMA CGM investment was a 'good fit'
    Groundbreaking $500m deal is part of group's long-term strategy of private equity investment in the maritime sector
  • Libya rescue dash offers fillip for cash-strapped Greek ferry lines
    Vessels stand to earn a minimum of $344,370 per day on charter, although some are known to be on higher rates
  • Bleak outlook for dry bulk and tanker sectors
    Fundamentals in both markets look like "a classic shipping recession" says Clarkson Research Services head
  • Coustas warns over demise of KG financing
    Boxship owners will need to find up to $2bn per year in equity finance
  • Precious plans $450m bulker spree
    To buy about 20 secondhand handymax and supramax vessels
  • Shipping still attractive to private equity funds
    But investors want discounts on asset values, finance executives tell Marine Money forum
  • Grindrod reinstates order for two product tankers
    Shipping and logistics group to take delivery of ships after settlement reached over contractual dispute
  • Naval forces should not be so quick to release pirates
    How can countries such as Denmark satisfy itself about the identity of pirates from a country that has no government
  • Southampton set to boost box handling capacity
    Construction of '80m berth to add up to 750,000 teu of handling capacity at the port
  • Warning for container sector as GDP hit by general slowdown
    Growth in OECD countries in 2010 increased by 2.9% compared with 2009, which saw a fall of 3.5% from 2008
  • NSF steps into ship finance breach
    Recent Genmar deal confirms US-based fund as a leading source of alternative capital, stepping in to offer shipowners support since 2008
  • Injecting a bit of zest into coastal shipping industry
    As UK shipping minister Mike Penning declares his passion for the coastal trades, Lloyd's List suggests a few areas in need of his urgent attention

Fairplayweb site
FEBRUARY 24, 2011
  • EU NAVFOR seeks more ships
    THE Indian Ocean would need 83 destroyers instead of just 6 to respond to piracy effectively, Major General Buster Howes, operations commander of EU Navfor told Fairplay today
  • Navy ship guards closer?
    A RAND Corp senior policy analyst has told Fairplay that the killing of two US hostages by pirates this week might lead to military guards at sea
  • Teekay expands loans unit
    NYSE-listed Teekay Corp today revealed its third investment in ship mortgages, further expanding its exposure to the VLCC sector
  • LNG rate climb seen on uprisings
    NORTH Africa's political upheavals could cause a gas supply cut that would push up LNG carrier rates, Arctic Securities warned today
  • Libyan chaos forces oil rethink
    EUROPEAN importers are likely to start shipping oil from the US Gulf and West Africa if political turmoil continues to limit exports from Libya, analysts said today
  • Repsol pledges free choice on agents
    ENERGY giant Repsol today said it has imposed no curbs at the Spanish terminals it manages on which shipping agent a shipowner may pick
  • Transpetro expects exoneration
    TRANSPETRO, Latin America's largest shipping company, said it expects to be cleared by a Brazilian tribunal of overpayment allegations
  • Teekay adjusted losses widen
    TANKER giant Teekay Corp today reported higher losses than anticipated after its Suezmax and Aframax rates fell
  • Strike slows Bilbao boxes
    A ROAD haulier strike has caused severe box delays at Bilbao, a Spanish operator told Fairplay today
  • Genco earnings fall short
    NYSE-listed bulk player Genco has reported lower profits than expected and faces significant spot market exposure in 2011
  • Baltic thickest in 24 years
    VERY COLD Baltic weather has left the most sea surface icebound since 1987, according to a report by the Finnish broadcasting company YLE
  • Wilson's earnings rise
    RISING freight volumes and rates have helped Norway's Wilson record a rise in fourth-quarter profits to 32.7M kroner ($5.8M), from 26.5M kroner a year earlier
  • Sembcorp shares drop on financial results
    SHARES of Singapore's Sembcorp Marine dropped today even though the world's second-biggest rig builder declared profits last night
  • Baltic Trading predicts clear sailing
    BALTIC Trading, the spot-market drybulk offshoot of Genco Shipping & Trading, said today it has no need to tap equity markets after amendments to its credit facility
  • Bulgaria exits port deal
    BULGARIA has cancelled a ¥37Bn ($451M) loan from a Japanese bank that was to pay for building box terminals at the Black Sea ports of Bourgas and Varna.

The Journal of Commerceweb site
FEBRUARY 24, 2011
  • Con-way Freight Helps Capture Alleged Terrorist
    Alert truck terminal managers in Texas helped federal authorities identify a suspected terrorist who allegedly planned to attack multiple U.S....
  • Horizon Lines to Sell Logistics Unit
    Horizon Lines said it is in discussions to sell its logistics unit and expects to report lower fourth quarter results...
  • Horizon Pleads Guilty, to Pay $45 Million
    Horizon Lines agreed to plead guilty and will pay $45 million in fines for antitrust violations in the Puerto Rico...
  • NYK Boosts Trans-Atlantic Rates
    NYK Line plans to increase its trans-Atlantic freight rates on cargo moving in both directions as of April 1. ...
  • US Judge Fines Greek Company $2.4 Million for Pollution
    A federal judge in Baltimore on Wednesday fined a Greek ship management company $2.4 million and imposed two years probation...
  • Echo Global Logistics Sales Rise 64 Percent
    New customers and higher shipping volume pushed total revenue to $426.4 million at Echo Global Logistics in 2010, a 64.3...
  • Coast Guard to Change Ship Rebuilding Rule
    The Coast Guard is proposing changes in regulations to clarify the requirements for rebuilding Jones Act ships at U.S. shipyards. ...
  • Green Reefers Loss Widens
    Norway's Green Reefers, a refrigerated cargo ship operator, reported fourth quarter 2010 pre-tax losses widened to $24 million from $18.7...
  • MSC Hikes India-Europe Rates
    Mediterranean Shipping Company announced a general rate increase on the westbound trades from India to Europe and the Mediterranean, the...
  • UK Approves Southampton Port Expansion
    The UK port of Southampton received government approval for a $130 million project that will enable it to handle the...
  • Seaspan Seeks 10 New 10,000-TEU Ships
    Container shipowner Seaspan said it is negotiating to order up to 10 new ships that would carry up to 10,000...
  • Durable Goods Orders Fall But for Aircraft
    The Commerce Department said a 27 percent spike in commercial aircraft sales pushed total durable-goods orders up 2.7 percent in...
  • UASC Plans HQ Move as ILA Organizes
    United Arab Shipping Co. plans to move its U.S. headquarters and 80-plus jobs from New Jersey to the South Atlantic...

Containerisation Internationalweb site
FEBRUARY 24, 2011
  • Lyttelton hopeful of early resumption
  • Transpac rates plunge amid warnings of major contract reductions
  • Libya cargo operations halted
  • Rickmers takes delivery of more Maersk charters
  • Behemoth tester for Felixstowe

TradeWindsweb site
FEBRUARY 24, 2011
  • Globus returns to profit
    George Karageorgiou applauds ticker's migration to Times Square as Greek bulker owner sheds red in the fourth.
  • Horizon shares hammered
    New York-listed liner outfit's stock price tumbles 10% following DoJ shake down, executive shake up and revised earnings forecast.
  • Horizon's double whammy
    CEO Chuck Raymond packs his bags for retirement as US liner operator agrees to shell out $45m to squash price fixing probe.
  • Firms takeover Triton
    Pritzker clan sells controlling stake in US container lessor Triton to New York finance duo.
  • Fire Island splash
    New York ferry operator anticipates sizzling summer with order placed at Gladding-Hearn.
  • CMA CGM freezes calls
    World's third-largest container line cancels calls in Libya but continues to accept bookings amid clashes.
  • Trouble tonic
    Unrest in Libya and Algeria could provide a further spark for LNG spot market, Arctic says.
  • Helix hit by loss
    Owen Kratz talks up prospects in US Gulf as New York-listed subsea firm falls flat in the fourth.
  • Teekay steps on the gas
    Headline result moves up but New York listed gas carrier operator sees share price slip in the other direction.
  • Bigger a better bet for Dof
    Oslo-listed offshore owner tips improved 2011 performance as 10 newbuildings wait in the wings.
  • Trai Thien hunts cash
    US arm of Southeast Asian mini-bulker operator races to squash competition as it hunts for cash to fund six newbuildings.
  • Libyan danger money
    KG Jebsen accepts more than double market rate to take an aframax into crisis-hit country.
  • KLC a KG headache
    But veteran Tobias Konig asks Germans to choose internal solution over Wall Street to preserve system.
  • Teekay Corp lags Street
    Bjorn Moller-led shipowner sees adjusted bottom line fall further into the red than forecast in Q4.
  • Flopec extends TEN twins
    New York-listed tanker owner secures two more years of work for panamax brace amid hope flexible rates can spur its stock price.

American Shipperweb site
FEBRUARY 24, 2011
  • Pritzker Group acquires PECO Pallet
    PECO Pallet Inc. said it has been acquired by The Pritzker Group, a private investment firm owned and controlled by J.B. Pritzker and Tony Pritzker. The Yonkers, N.Y.-based pallet-rental company said the deal provides it with "substantial equity ca...
  • Trade groups back Bersin confirmation
    A group of 11 trade associations on Wednesday wrote Senate Finance Committee leaders urging a favorable recommendation to confirm Customs and Border Protection Commissioner Alan Bersin, whose future as head of the agency remains in limbo. Presiden...
  • Trucking executive calls for improved port access
    Dick Coyle, president of Devine Intermodal in West Sacramento, Calif., stressed a need for increased investment in ports to the House Transportation and Infrastructure Committee. "We have terminals up and down the Central Valley of California and o...
  • CSX opens Ohio terminal
    CSX said it has opened its Northwest Ohio Terminal, acornerstone of the double-stack National Corridorfreight rail corridor between East Coast seaports and the Midwest. Located near North Baltimore, Ohio, the new facility employs more than 200 ful...
  • U.S. truck tonnage jumps 3.8%
    Freight volumes for U.S. trucking companies surged 3.8 percent in January from December, according to the monthly tonnage index published by the American Trucking Associations. The seasonally adjusted survey of ATA members' business activity also ...
  • CSX can challenge Alabama fuel tax
    A U.S. Supreme Court ruling Tuesday clears the way for CSX Corp. to challenge Alabama''s fuel tax. Alabama imposes sales and use taxes on railroads when they purchase or consume diesel fuel, but exempts their main competitors -- interstate trucker...
  • CSAV president to step down
    Jaime Claro Valdes has resigned as president and director of Chilean container shipping company CSAV, according to a brief letter sent to the Chile''s securities commission and posted on the company''s Web site. Valdes took the company helm in Nov...
  • Maersk order caps big ship brigade
    China Shipping in January unveiled the biggest containership to hit the seas in 2011, the 13,296-TEUCSCL Star,disrupting a five-year trend of the biggest containerships in operation being delivered to the fleets of Europe's Big 3 container lines -...
  • Supreme Court ruling
    CSX can challenge Alabama fuel tax A U.S. Tuesday clears the way for CSX Corp. to challenge Alabama''s fuel tax. Alabama imposes sales and use taxes on railroads when they purchase or consume diesel fuel, but exempts their main competitors -- inte...
  • ComPair Data analysis

The Scandinavian Shipping Gazetteweb site
FEBRUARY 24, 2011
  • Europe's longest ice road reduces demand for ferry transportation
    After the opening of the 25.5 km long official ice road between the Estonian mainland and Hiiumaa ' it is said that it is the longest of its kind in
  • Spar Shipping sells Ven service
    Spar Shipping, Copenhagen, has sold its service from Copenhagen to the Isle of Ven in Oresund to Ventrafiken AB. The sale includes the passenger vessel Jeppe (flying the Swedish flag
  • Nordic LNG charters LNG carrier
    Nordic LNG has signed a contract with the Dutch shipping company Anthony Veder covering the transportation of LNG from the production plant at Risavika, Norway. The plant has an estimated

The Bunker Bulletinweb site
FEBRUARY 24, 2011
  • Fujairah market firms
    Fuel oil avails still reported to be limited in Durban.
  • Libyan protest rocks crude market
    Political protests have spread to Libya and Bahrain causing uncertainty in the crude market.
  • Bunker prices soar in key ports
    Many bunker suppliers unable to give price indications due to market volatility.
  • Bunker barge returns to service on the Thames
    Cockett Marine Oil boosts Thames operation with vessel coming from sister company in Rotterdam.
  • 'Make or break' time for IMO on GHG deal
    Head of climate and environment at Maersk says IMO could be sidelined by UNFCCC if July meeting fails to approve efficiency measures.
  • New delay on IMO regulations for gas-fuelled ships
    Target date for completing work on safety code for ships using LNG as fuel pushed back, leaving little time before stringent 2015 ECA requirements take effect.
  • Promotion at Dan-Bunkering
    Accountant Michael Jacobsen has been promoted to Business Controller.
  • Bunker prices react to surging crude oil
    Market responding to the tension in Middle East, says bunker trading manager at Gemoil.
  • Taiwanese port faces 'tight' 380 cSt supplies
    Supplier temporarily suspends offering the grade to the spot market.
  • Singapore launches initiative to encourage marine employment
    $2.3 million programme to train crew for bunker tankers and local passenger vessels.
  • Mass flow meter provider to host bunker seminar
    Seminar hopes to address ship owners' unanswered questions about the coriolis technology and its certified bunker system.
  • Sri Lankan state oil company to re-enter bunkering business
    Ministry of Petroleum Industries ordered CPC to commence bunkering operations at the 'earliest possible instance.'

›››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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