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Independent journal on economy and transport policy
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BRIEFS
October 25, 2011
The Business Timesweb site
Shipping News
  • HNA boasts 40b yuan warchest for foreign deals
    HNA Group, the Chinese investor in aviation, shipping and hotels, said it has access to as much as 40 billion yuan (S$8 billion) of credit lines to support acquisitions in Europe and the United States.
  • Baltic index slips, ship supply weighs
    The capesize market should remain supported by healthy iron ore and coal exports to China, even as the Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, turned negative at the end of last week.
  • China may double bunker suppliers
    China, with the world's busiest port at Shanghai, may double the number of local companies allowed to sell tax-exempt marine fuel as demand from ships increases.
  • Shabaab-Somali pirate links growing: UN

Sched Netweb site
  • Basel Convention eco-activists say HK Convention insufficient on scrapping
  • Ben Line Agencies opens its 100th office in Asia
  • Marine Department: Ferry involved in collision at Cheung Chau strayed off course
  • New liner services to boost Hamburg-Russia box traffic
  • OOCL has not cancelled its CCX, SCX, and SSX services as reported
  • CN joins Agri-Food to export Canada's containerised specialty grains
  • Freight Co Ltd offers emergency flood recovery logistics services
  • CSX quarterly profit up 12pc to US$464 million, revenue per unit up 10pc
  • Vladivostok Air flies to Singapore via Hong Kong twice weekly
  • Liuzhou Airport cargo volume up 32pc on January to September last year
  • St Louis-Lambert airport vows to fight for China hub, despite tax defeat

Exim Indiaweb site
  • Asia-Europe spot rates fall; transpacific decline slows
  • BBC Chartering sets sail
  • CMA CGM Group upgrades ASEA service between Asia, Kenya & Tanzania
  • Container shipping could face long period of oversupply
  • DHL India berths largest self-propelled barge at Paradip Port
  • ICS says flag states must enforce rules
  • K. Mohandas to grace AMTOI Day on November 2
  • Rickmers-Linie selected for delivery of Airbus fuselage sections to France
  • Strong Chinese appetite for ore to push up dry bulk rates
  • Tanker rates at seven-week high
  • Handicrafts exports surge 22 pc in Aug.
  • APM Terminals Mumbai stresses on caring for people as part of Safety Day
  • Nisha Roadways adjudged 'Container Transport Operator of the Year (Road)' at MALA 2011
  • Adopt cluster approach to get edge in exports: Exim Bank

International Transport Journalweb site
OCTOBER 24, 2011
  • Huge rail market growth expected in Middle East
    The Middle Eastern rail market volume stands at EUR 1.6 billion, and is set to increase by an average of 13% per year to reach EUR 3 billion by 2015, according to a study entitled ...
  • Czech Airlines awards Aero Cargo GSA contract for Germany
    Czech Airlines has extended its cargo GSA relationship with the ECS Group by appointing Aero Cargo as its new partner in Germany. The airline previously awarded cargo GSA contracts...
  • Australian north coast rail upgrade proceeding apace
    The elimination of sharp bends in the interstate rail network between Newcastle and Queensland (Australia) is progressing on schedule, with a section between Rappville and Leeville...
  • Loxx to cooperate with Demas in Turkey
    The German transport company Loxx now cooperates with the Istanbul-based logistics service provider Demas International Lojistik Hizmetleri ve Tic. As part of the cooperation, Loxx...
  • UK P&I Club announces 3% overall increase for 2012
    The premium rating of all UK P&I Club members will be increased by 3% on 20 February 2012. This was agreed by the UK Club's directors at a recent meeting in Athens. The decisio...
  • Charleston breakbulk volume surges with USD 23 million investment
    With a USD 23 million improvement project at its Columbus Street Terminal completed, the South Carolina Ports Authority (SCPA) is enjoying a surge in non-containerised cargo at the...
  • ALE appoints Alberto Pittaluga as country manager of new Iraq office
    ALE, a large and heavy load specialist headquartered in Staffordshire (UK), has opened a new office in Basra (Iraq), its first base in that country. Basra was chosen due to its str...
  • Fesco and BLG Logistics to cooperate in Russia
    The BLG Logistics Group and the Fesco Transportation Group have announced the creation of a joint venture to develop integrated logistics solutions for the automotive industry in R...
  • Aircastle provides two aircraft to support Southern Air's fleet renewal
    Aircastle Limited, a global company that acquires, leases and sells high-utility commercial jet aircraft to airlines throughout the world, and Southern Air Holdings have entered in...
  • Wüst building new logistics centre in Germany
    The excavators moved in at Wüst Logistik's headquarters in Weissenburg (Germany) recently, planning to complete the first stage of a new logistics centre by March 2012. The centre ...
  • ALC urges push for Australian transport regulation reform
    The Australian government's second so-called seamless economy agenda must focus on reforms that abolish inconsistent regulations and red tape between states, all of which adds cons...
  • 1 million flights for air traffic management system
    With the words "you're identified", the air traffic controller confirmed the initial call of the Lufthansa pilot of flight DLH729 from Shanghai Pudong to Frankfurt, and t...

Marine Logweb site
OCTOBER 24, 2011
  • Harris Pye completes $4.3 million of work on West Pegasus
  • LCS 3 completes builder's trials
  • Bridge team chatted about Cat Women as HSV sliced through fishing vessel
  • Marine interior specialist adds to backlog
  • Arctia to convert multi-function icebreakers to meet US EPA Arctic regs

World Wide Shipperweb site
OCTOBER 24, 2011
  • Port of Bellingham seeks comment on Airport Master Plan development
  • Two new members selected for Vancouver Fraser port board
  • DHS taps BSI Group for port cargo screening aid
  • Port of Seattle coping with Alaskan Way Viaduct closures
  • Letter of Interest period extended for Newport Port Commission post

Lloyd's Listweb site
OCTOBER 24, 2011
  • Brussels blocks SNCF plan to give ailing SeaFrance $139m funding
    Competition competitor says aid 'incompatible' with European rules
  • Heidmar pools sign up four new ships
    One VLCC and three aframaxes boost total fleet to 126
  • K Line sells two aframax tankers
    Deals in addition to VLCC sale, as Japanese owner shrinks fleet
  • VLGC market rally takes a breather
    Fixtures fail as caution clouds global LPG sector, leaving owners willing to discount rates
  • Kiel Canal a step closer to new locks
    Meeting raises prospects of Federal funding
  • ABN Amro to double shipping book
    Bank's transport chief Gust Biesbroeck says bottom of industry cycle good time to get in
  • Cash-rich Greek owners taking advantage of falling VLCC values
    At only a third of newbuilding prices, 10-year-old vessel values offer investment opportunity
  • Fesco adds Tacoma to Vladivostok service
    Fortnightly departure linking US Pacific Northwest to Russian Far East will offer 14-day transit time
  • Frontline continues to offload tankers
    Two more suezmax vessels reported up for sale in the secondhand market
  • Galileo finally leaves launch pad
    EU's answer to US GPS lifts off
  • Wärtsilä readies business for green rush
    Environmental services and gas engines key products for the future says new boss
  • India's oil destiny is linked to the Commonwealth
    India has the means but not the ways to tap its deepwater hydrocarbon reserves. There is an institution that could fill the gap
  • Asia takes premium pickings
    Gauging the size of the global marine market is hard, but it is clear Asia is on the rise and London is even more important than previously thought
  • Samudera's gross profit falls 85%
    Bunker prices and increased container charter hire rates push cost of services to nearly $109m
  • Demolition market in the doldrums
    Scrap rates fall below $500 per ldt with continued mismatch between breaker and cash buyer price ideas
  • Frangou fingers European problems as threat for bulk
    Navios Maritime Partners will be 'unaffected' by credit squeeze facing owners
  • Creditors release arrested Seaarland aframax
    RBS and Credit Agricole must now work with company on Chapter 11 restructuring plan
  • Short-period capesize charters hit $21,000 a day
    Spot market sentiment improves despite pessimism over China iron ore demand
  • Lloyd Fonds poised to get $21m injection from AMA Capital Partners
    Cash boost would allow the KG house to participate in part-consolidation
  • Scorpio Tankers charters in LR2 product tanker
  • UK releases national ports policy
    Long term port capacity demand to remain unaffected by global economic crisis
  • Northern Europe ports 'most efficient'
    Box ports have four times the throughput of southern rivals
  • STX Group confirms assets sales
    Owners of STX Pan Ocean and STX OSV will raise funds by stake sales in unnamed overseas assets by early 2012
  • Dr Peters KG fund files for insolvency
    Banks call in loan on fund that far exceeds market value of ships
  • EU ban on conferences fails to win a following
    Europe finds itself isolated, with no sign of a wider reform of maritime competition law
  • Trailer Bridge chief executive departs
    Latest development precedes crucial bond maturity in November
  • Noatum to stamp its name on former Dragados terminals
    Port operator wants to 'consolidate' its leadership in Spanish market
  • Like the Somme
    The mortality rate for Somali pirates suggests that they are formidable because they are desperate
  • Human cost of piracy
    The ordeal of Calixto Caniete, master of the Remuar, is a reminder of the urgency of dealing with the pirate scourge
  • Costs hit SITC profits as intra-Asia volumes increase
    Nine-month earnings show high growth in expenses balanced by one-time gains

Fairplayweb site
OCTOBER 24, 2011
  • High Oz dollar moves shipbuilder to Philippines
    AUSTRALIAN shipbuilder Austal said it plans to expand into Asia and possibly Europe
  • Frangou resets fee terms
    ANGELIKI Frangou's Navios Partners today announced profits in line with expectations and a new management deal that promises higher fees to parent Navios Holdings
  • Trailer Bridge boss quits
    BOX-BARGE operator Trailer Bridge has confirmed the resignation of CEO Ivy Barton Suter as the company's bond maturity deadline nears
  • 'Pouncing on' stray tankers
    JAPAN'S No 3 carrier 'K' Line has sold a 2001-built VLCC and a 2002-built Aframax tanker, brokers told Fairplay today
  • NYK losses more than double
    NYK LINE has become Japan's third major carrier, after MOL and 'K' Line, to predict worse losses for 2QFY2011
  • Oz ports returning to costly waiting game
    THE WAIT to dock at Australia's Newcastle port will increase to 54 ships by the end of next month, IHS McCloskey predicted today
  • VLCC demand immune to 40% distance cut?
    TANKER voyage distances are likely to be cut by 40% when the Trans Myanmar-China pipeline is ready in June 2013, but growing Chinese crude imports would ensure long-term demand for VLCCs
  • 90% tanker EPS fall warned
    NORWAY'S First Securities has predicted a sharp fall in 3Q11 results for listed tanker companies
  • MPS defeats lender challenge
    MARCO Polo Seatrade of the Netherlands and three related companies have won jurisdictional challenges in their Chapter 11 case, paving the way for more international owners to file for US relief
  • Wärtsilä using loan for R&D
    FINNISH engine maker Wärtsilä said today it plans to use a €150M ($207.8M) loan from European Investment Bank for R&D
  • Workers escape harm in Polish blast
    AN INQUIRY into an explosion is under way today at the western Polish port of Swinoujcie
  • SITC profits slide 12.9%
    HIGHER costs have pushed down the profits of China's intra-Asia box specialist SITC by 12
  • PIL hits target for PST
    PIL HAS acquired hit its target on the number of shares in Pacific Shipping Trust it need to proceed with its plan to delist and privatise the trust
  • China's ore appetite plummets
    FAR FEWER ships are being chartered to haul iron ore to China, where stockpiles of the steelmaking ingredient exceed 90M tonnes
  • Holiday package: even more box pressure
    LONG-HAUL box rates are continuing their slide, with economic woes and skewed supply-demand fundamentals failing to provide enough confidence to bolster the sector

The Journal of Commerceweb site
OCTOBER 24, 2011
  • Mica Wants Long-Term FAA Bill by End of 2011
    House Transportation and Infrastructure Committee Chairman John Mica said he will take "every measure that's needed" to pass a four-year...
  • Diesel Prices Rise for Second Straight Week
    Diesel prices across the United States rose 2.4 cents in the week ending Oct. 24, increasing for the second straight...
  • Port of Seattle Imports Plunge 22.6 Percent
    Containerized imports into the Port of Seattle plunged 22.6 percent in September over the same month a year ago as...
  • Marten Transport Profit Rises 15.5 Percent
    Refrigerated trucker Marten Transport increased its net profit 15.5 percent to $6.3 million in the third quarter on higher operating...
  • FedEx Increases Holiday Hiring 18 Percent
    FedEx, showing strong confidence in U.S. consumers and e-commerce, says it will hire 20,000 seasonal workers to handle holiday deliveries...
  • Container Corp. of India Profit Down 16 Percent
    Container Corp. of India's profit in the second quarter fell 16 percent to $35 million, as the state-owned rail operator's...
  • Landstar System Profit Leaps 38.5 Percent
    Truckload giant Landstar System increased net profit 38.5 percent to $30.2 million on a 9.8 percent increase in revenue to...
  • Bob Evans Sells Midwest DC to Millard Refrigerated
    Bob Evans Farms is serving up a portion of its distribution network, selling its Springfield, Ohio, BEF Foods distribution center...
  • USA Truck Loses $4.3 Million, Rejects Celadon Talks
    Truckload carrier USA Truck rejected merger talks with larger rival Celadon Group despite falling back into the red with a...
  • US Distilled Grain Exports Will Rebound, Report Says
    U.S. exports of distilled grains with solubles should grow about 2.5 percent this season after declining 11 percent year-over-year in...
  • CN to Assist Grain Exporter with Supply Chain
    Agri-Food Central Ltd. has become the latest shipper to sign an agreement with Canadian National Railway whereby the two will...
  • Seeking Space, Creating Capacity
    "Share and share alike" is a maxim shippers find hard to follow, especially if it means sharing zealously guarded supply...
  • INTTRA Cargo Bookings Hit Record
    INTTRA, the e-commerce cargo-booking portal, said its electronic bookings reached a record high in the past two months. The...
  • Star Reefers Loss Widens to $14.1 Million
    Star Reefers' loss in the third quarter widened to $14.1 million from $3.7 million a year earlier as the Norwegian...
  • Japanese Exports Rise 2.4 Percent in September
    Japan's exports in September grew 2.4 percent year-over-year, increasing for the second straight month after five months of declines following...
  • Hong Kong Freight Tumbles 6.1 Percent
    Air freight moving through Hong Kong fell 6.1 percent year-over-year in September, the seventh straight monthly decline and a lackluster...
  • Trailer Bridge Replaces CEO
    Williiam G. Gotimer Jr. and Mark Tanner have been named co-CEOs of Trailer Bridge, replacing Ivy Barton Suter, who resigned...
  • Heading Down the Wrong Track?
    For months, year-over-year gains in rail freight traffic have countered gloom-and-doom warnings about the U.S. economy heading back into recession....
  • Drivers Dominate Trucking Worries
    What's keeping trucking executives awake at night as 2012 approaches? If it's not the threat of a double-dip recession, it's...
  • All Tracks Lead to Virginia
    The two Class 1 railroads serving the ports of Virginia are playing musical chairs. When the music stops, the big...
  • Not So Fast Track
    The Obama administration is moving quickly, by government standards, to reform the regulations that delay outbound shipments or add unnecessary...
  • US Takes a Latin Leap
    Latin America was the United States' fastest-growing partner among the major trading regions during the last decade, according to the...
  • Brazil Leads the Way
    Latin America's economies are as varied as the countries' political and economic foundations. "Every country is moving at a different...
  • Kickin' It Up a Notch
    For decades, economists have been telling the international trade and transportation industries that Latin America is the region of the...
  • The Cost of Inaction
    We're about a year away from the 2012 presidential election, and it's obvious to all that partisanship again is getting...
  • US-Canada's Taxing Debate
    One country's container tax is another country's trade barrier. A coalition of six major U.S. West Coast ports and two...
  • Rocky Road to Transport Deals
    Ray LaHood has had enough. President Obama's Republican transportation secretary, frustrated by lack of congressional progress to fix the nation's...
  • When the ASCE Talks, Congress Listens
    The American Society of Civil Engineers likely never intended to be the Cassandra of U.S. infrastructure decline, but Washington hears...
  • Big Ships, Bigger Decisions
    With the global shipping industry facing overcapacity, a decision over deployment is hardly an idle question for carriers ...
  • Matching Shippers, Mixing Modes
    Third-party logistics providers are by nature intermediaries linking shippers with carriers of all types. Now they're linking shippers with shippers....

Containerisation Internationalweb site
OCTOBER 24, 2011
  • TT Club advises on equipment theft
  • Transpac rates down again amid gloomy forecasts for Q4 11
  • Canadian Pacific and partner converting flatbed freight to intermodal
  • Plenty to beef about down Paraguay way
  • Triple E class series scoop CI Award

TradeWindsweb site
OCTOBER 24, 2011
  • Hansa hops into Heidmar pool
    Connecticut-based tanker operator beefs up aframax stable with a pair of new additions from Hamburg.
  • WFP intervenes
    Wage and welfare claims stall future dealings between United Nations World Fuel Programme and Russian bulker.
  • Courage snatches resale
    Hsu Chih-Chien-led bulker owner ready to renew fleet as it prepares to pay $26.6m for supramax newbuilding.
  • Prosafe fills floater
    Oslo-listed accommodation specialist poised to pocket $34m from deal with Aussie energy giant.
  • Long search over
    Rederi AB Transatlantic appoints Volvo's Helene Mellquist as new finance chief, ending year-long recruitment drive.
  • Trailer trips
    Shares of US-listed liner outfit take a hit as bond deadline nears and chief executive heads for the door.
  • Cantor downs tanker tips
    More bad news for crude tanker owners as bank takes red pen to its spot rate forecasts for Q4 and 2012.
  • Log ship blocked
    Greenpeace activists halt what they claim is illegal export of timber from Papua New Guinea on Chinese bulker.
  • Scopio bags tanker charter
    Tanker operator beefs up fleet with the addition of a chartered in aframax.
  • Euro wobbles worry Frangou
    Navios Partners chief fears European debt crisis could upset improved dry-cargo market as owner matches Street in Q3.
  • Axe falls on Samudera profit
    Regional liner's bottom line knocked back a third as cost pressures increase.
  • Crewman found dead
    Young Scottish cadet's body discovered in front of laptop in cabin of Ever Sigma in Kong Kong.
  • 70 injured in ferry smash
    Three passengers seriously hurt as New World First Ferry vessel hits mooring pillar in Hong Kong.
  • Guards save Seaworld tanker
    Armed security team fends off attack on Greek tanker in the Somali Basin, TradeWinds is told.
  • Cosco port interest hots up
    Visit by top Chinese official to Athens peps up talk around sale of Piraeus stake.

American Shipperweb site
OCTOBER 24, 2011
  • Bridge of flowers
  • Century's new NVO
  • Geodis-ography
  • Smart guys do dumb things too
  • Air freight lumbers toward year end
  • Big ships and hubs
  • The decade in finances
  • Riskier than it seemed
  • Where we stand
  • Embracing 'big data'

The Bunker Bulletinweb site
OCTOBER 24, 2011
  • Fujairah prices rise
    Earliest delivery dates from November 4-5.
  • Rotterdam and Hamburg bunker prices mixed
    Tights avails reported in Rotterdam.
  • Israeli court imposes country's 'highest ever fine' for oil spill
    Mediterranean Shipping Company fined $280,000 for Haifa bunker spill.
  • Icebreakers to be modified to cut emissions
    Engines will be be able to use Ultra Low Sulphur Diesel.
  • Russian supplier reports year-on-year growth
    Gazpromneft Marine Bunker says sales up by 37%.
  • Bunker player announces recruitment drive
    New traders wanted for its European offices.
  • Bunker prices firming as week begins
    Bunker avails mixed across key Asian ports on Monday.
  • Higher operating costs trim SITC profits
    Increases in bunker and charter costs.
  • Fishing vessels 'harassed' as they approach port to bunker
    Spanish operators say Argentine Navy is threatening them with fines.
  • Technology firm puts spotlight on PM and black carbon emissions
    Says its emissions sensor can measure PM and help operators evaluate ECA compliance and BC mitigation strategies.
  • Chinese government plans expansion of bonded bunker operations
    Ministry of Commerce formulating plan after receiving applications, says Sinopec spokesman.
  • Saudi Aramco sells low viscosity parcel at firm premiums
    Refiner fetches strong premiums due to heavy arrivals of high viscosity, high density cargoes amid low blendstocks.
  • Salvage ops on stricken vessel make 'good progress'
    Around 337 mt of oil had been pumped out of Rena as of Sunday afternoon.
  • Sinopec commences ops at new oil storage facility
    Jiangyin-based facility will store 30,000 mt of 380 cSt and 7,000 mt of MGO.

›››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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