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BRIEFS
October 26, 2011
The Business Timesweb site
Shipping News
  • Thoresen Shipping shifts front office to Singapore
    THE dry bulk unit of Thoresen Thai Agencies has relocated its commercial front office from Bangkok to Singapore to be closer to its trading house customers, most of which have regional head offices here. It will up its headcount from two to seven in Singapore, while its Bangkok back office keeps its 90-strong operations team.
Strait Talk
  • ICS study raises questions about training
    IT IS said that more than 70,000 vessels transit through the Malacca and Singapore Straits in a year. That works out to over 150 a day and I do not know whether that figure includes every tug and barge set, to say nothing of every fishing boat and perahu that weaves its often erratic way along and across this strategically important international waterway.
Shipping Times
  • L&T relooks viability of India rail project
    LARSEN & Toubro Ltd, due to build and run a railway in the Indian city of Hyderabad, said it may have to 're-look' the viability of the 141.3 billion rupee (S$3.6 billion) project because of hold-ups in acquiring land.

The Business Timesweb site
Shipping News
  • Thoresen Shipping shifts front office to Singapore
    THE dry bulk unit of Thoresen Thai Agencies has relocated its commercial front office from Bangkok to Singapore to be closer to its trading house customers, most of which have regional head offices here. It will up its headcount from two to seven in Singapore, while its Bangkok back office keeps its 90-strong operations team.
Strait Talk
  • ICS study raises questions about training
    IT IS said that more than 70,000 vessels transit through the Malacca and Singapore Straits in a year. That works out to over 150 a day and I do not know whether that figure includes every tug and barge set, to say nothing of every fishing boat and perahu that weaves its often erratic way along and across this strategically important international waterway.
Shipping Times
  • L&T relooks viability of India rail project
    LARSEN & Toubro Ltd, due to build and run a railway in the Indian city of Hyderabad, said it may have to 're-look' the viability of the 141.3 billion rupee (S$3.6 billion) project because of hold-ups in acquiring land.

The Business Timesweb site
Shipping News
  • Thoresen Shipping shifts front office to Singapore
    THE dry bulk unit of Thoresen Thai Agencies has relocated its commercial front office from Bangkok to Singapore to be closer to its trading house customers, most of which have regional head offices here. It will up its headcount from two to seven in Singapore, while its Bangkok back office keeps its 90-strong operations team.
Strait Talk
  • ICS study raises questions about training
    IT IS said that more than 70,000 vessels transit through the Malacca and Singapore Straits in a year. That works out to over 150 a day and I do not know whether that figure includes every tug and barge set, to say nothing of every fishing boat and perahu that weaves its often erratic way along and across this strategically important international waterway.
Shipping Times
  • L&T relooks viability of India rail project
    LARSEN & Toubro Ltd, due to build and run a railway in the Indian city of Hyderabad, said it may have to 're-look' the viability of the 141.3 billion rupee (S$3.6 billion) project because of hold-ups in acquiring land.

Sched Netweb site
  • NYK follows 'K' Line and MOL to forecast larger loss in second quarter ending Sep 30
  • Pinxiang Integrated Bonded Area opens to boost ASEAN trade development
  • Ningbo port's third quarter container volume up to 4.18 million TEU
  • Alanshankou customs August cargo flow up 6.2pc with Kazakhstan
  • MSC to adjust bunker rates with effect from November 3
  • UN's Basel 'toxic' waste shipping ban moves closer to implementation
  • MSC brands its second Far East-west coast South America string as 'Alpaca'
  • MOL comes to the aid of flood victims in Thailand
  • NYK Group to provide aid to flood victims in Thailand
  • Cargo volume at HKIA drops in September
  • HNA and Bravia Capital acquires Turkey's ACT Airlines
  • Air freight throughput at Changi edges up 2.2 pc in September

International Transport Journalweb site
OCTOBER 25, 2011
  • New cranes for Yucatan container terminal
    The Yucatán container terminal, which is owned by Spain's Grup TCB, has acquired three new cranes for about EUR 700,000. The Linde reach-stackers have started operations and brough...
  • Fesco introduces Tacoma-Vladivostok service
    Fesco Russian Pacific Line (part of the Fesco Group), has added Tacoma to its network by introducing a fortnightly service to Vladivostok and all points in the Russian Far East. Th...
  • Russian and Slovak railways to cooperate
    Russian Railways and the Railways of the Slovak Republic have plans to cooperate. A corresponding memorandum of cooperation was signed recently to facilitate the development and up...
  • AA Cargo celebrates 20 years at London Heathrow
    American Airlines Cargo (AA Cargo) last week celebrated 20 years of flying directly between London Heathrow and the USA, holding a reception for its key cargo customers. AA Cargo w...
  • New IT system for world's largest air cargo terminal
    Hactl's SuperTerminal 1 - the world's largest independent air cargo handling facility - will operate with a new cargo management system from December, following three years of deve...
  • Panalpina is Cargo 2000 phase 1 certified
    The Basel-based logistics provider Panalpina is now Cargo 2000 certified for phase 1. Cargo 2000 is an industry initiative in three phases that aims to implement a quality manageme...
  • Daimler Trucks North America to ramp up truck output
    Daimler Trucks North America plans to ramp up production of Western Star heavy-duty trucks at its plant in Portland OR, for which it will add a second shift. The increase in produc...
  • Martin Gauss new CEO of airBaltic
    The supervisory board of the Latvian national airline airBaltic has appointed Martin Gauss as its new CEO and chairman of the executive board, with effect from 1 November. He has 2...
  • New Fiat Ducato model on sale
    After three decades of production and five generations, a new model of the Fiat Ducato, one of the most popular commercial vehicles, is going on sale. The three power outputs from ...
  • Dachser USA opens Dallas branch
    Dachser USA, a subsidiary of the German logistics services provider Dachser, has opened a new branch in Dallas TX, to take the growing import and export business in northern Texas ...
  • Yusen Logistics renews contract with Kingfisher
    Service provider Yusen Logistics has renewed and extended a contract to manage Kingfisher's European imports. Adding to an existing contract's origin points in northern and souther...
  • Delice de France contracts Norbert Dentressangle in UK
    The French transport and logistics group Norbert Dentressangle has signed a new temperature-controlled warehousing contract with the baked goods manufacturer Delice de France in th...
  • UIRR endorses EU Commission energy taxation proposal
    The International Union of Combined Road-Rail Transport Companies (UIRR) has endorsed the EU Commission's proposal which envisages several positive amendments to a European directi...

Marine Logweb site
OCTOBER 25, 2011
  • Matson moves to reassure Horizon Line's Guam cusomers
  • MARAD/SOCP to hold anti-piracy demonstration in Boston
  • Thordon Bearings names George Morrison Area Sales Manager for Western Europe
  • BMT Argoss and International Paint partner to deliver measurable hull coatings performance
  • BBC Chartering adds SkySails equipped multipurpose vessel to fleet
  • Horizon Lines to discontinue trans-Pacific service

World Wide Shipperweb site
OCTOBER 25, 2011
  • Horizon Lines announces plans to end Trans-Pacific container service
  • Port of Tacoma slates meetings to discuss 2012 business plans
  • Coast Guard Auxiliary unit plans Garibaldi haunted house
  • VIPs celebrate first project at Grays Harbor business incubator
  • NYK cruise ship honored with three Travel Weekly awards

Lloyd's Listweb site
OCTOBER 25, 2011
  • SITC numbers reflect stable intra-Asia trade
    Tepid earnings results of boxline specialist have obscured its solid focus on regional growth
  • Solvency II risk strategies raise concerns over capital requirements
    Regulators' view of risk and investment strategies remains key issue
  • Pause in dry bulk asset values' decline
    Baltic Exchange reports all major vessel prices plateau for first time in more than a year
  • Court of Appeal throws up exceptions to freezing orders
    Distinction drawn between party in enforcement of arbitration award and judgment debtor post-judgment
  • Panamax period charter volumes hit seven-month high in October
    Increased short-term contracts coincide with improved charter rates
  • Salvage industry would fail to cope with major casualty
    Salvage insiders plead for greater investment as shipping evolves
  • Shipowners' Club members to see no general premium increase in February
    P&I club reports free reserves of $210m and says investment returns have been healthy
  • London P&I clubs risk being made history
    A sense of drift, decay, indecision and ineffectual governance has permeated parts of the UK P&I industry
  • Backhaul gasoil trade keeps rising
    Europe expected to increase imports of US diesel
  • Rising South American demand boosts product tankers
    Brazil's thirst for middle distillates set to increase as World Cup and Olympics loom
  • Owners feel pinch as US gasoil imports slump
    Fewer product tankers trading on TC2 Europe to US Atlantic route
  • Modern Istanbul carves an expansionary path
    Turkey's shipowners have invested heavily in newbuildings and have extensively modernised their fleets
  • North Sea aframaxes rally falls away
    Rates drop dramatically as activity in Atlantic basin slows and owners offer discounts
  • Slumping secondhand prices trigger $56m impairment at DHT Holdings
    Tanker company makes voluntary pre-payment of $24m to remain in compliance of covenants
  • Cargotec and Rosmorport form alliance
    Increased automation for Russian ports
  • Rising cargo volumes heading to Asia boost broker's fixture activity
    Braemar Seascope benefiting from Chinese and Indian dry bulk and oil demand but commissions stay low on poor charter rates
  • Conti makes co-operation work with Korea Line
    Shipowner and insolvent bulk operator maintain charters
  • Horizon Lines quits Pacific trades
    Falling freight rates lead to $44m loss on Asia-US route since January
  • Box lines warned against underestimating inventory levels
    Manufacturing and retail inventories have risen significantly, says Macquarie
  • Pirates release Iceberg 1
    Ro-ro held since March 2010 freed
  • Ferry operators warn over sulphur limits
    Ultra-low emissions limits will place $6bn burden on industry
  • Dutch courage
    ABN Amro's plan to hike its shipping portfolio does not change overall squeeze on lending
  • Orders at China's yards fall 43% year on year
    Deals lost at the expense of this year's migration back to South Korea
  • DP World volumes up in third quarter
    Liftings rise 10% on previous year
  • Braemar bank balance hit by overtonnaged shipping markets
    Group sees broking business' interim period operating profit halved
  • WEM bulk carrier seized in Singapore
    Bunker supplier claims $1m is owed
  • Qatar Navigation profits dive
    Fall in net income follows one-off gain from Qatar Shipping acquisition
  • Delayed finale
    When the freight trades picked up last year, there was a widespread assumption that the worst was over. Not so
  • Courage Marine lands supramax newbuilding
    Purchase for $27m is from a small Chinese yard owned by a steel producer

Fairplayweb site
OCTOBER 25, 2011
  • Piracy hijackings down
    PIRACY has risen to record levels, with Somali pirates behind 56% of the 352 attacks reported this year, according to the IMB
  • SeaFrance stymied for legal hearing
    CALAIS/Dover SeaFrance sailings are at a standstill today because the group's workers downed tools to journey to Paris for a key court session
  • Storm threatens gulf oil
    HURRICANE Rina is gaining strength today in the Western Caribbean, with a storm analyst warning it could shut in nearly 9.7M barrels of oil in the Gulf of Mexico
  • Sub-Panamaxes boxed in
    BROKERS told Fairplay today charter rates are plunging for sub-Panamax box ships because their slot costs are rising relative to expenses for bigger vessels
  • VLCCs east of Suez are north of breakeven
    BROKERS told Fairplay today VLCC rates east of Suez have finally peeked above breakeven as crude demand rises, heading into winter
  • Conti cuts newbuildings
    GERMAN KG house Conti Reederei has pruned back its bulker newbuilding programme
  • End-buyers rule breaking
    BREAKING markets are expected to be driven down this week by the continuing uncertainty over Bangladesh's recycling sector
  • Box rates fall below '09
    FREIGHT rates in the Far East/North Europe box sector have dropped into negative territory, lower than in 2009, a sector consultancy has warned
  • Frontline hunts new buyer
    FRONTLINE has placed two Suezmaxes on sale, Fairplay has learned
  • BSS's half-year profits drop
    BRAEMAR Shipping Services has blamed a weak shipping market for its fall in half-year profits
  • Greece, China sign trade deal
    ATHENS and Beijing have signed a trade deal that calls for increased Greek exports to China
  • NOL could lose $242M
    SINGAPORE'S securities group DBS Vickers expects losses for liner NOL will be $100M worse than previously estimated
  • Horizon pulls trans-Pacific plug
    HORIZON Lines will cease its FSX trans-Pacific service on 2 November and lay up all five box ships chartered from NYSE-listed Ship Finance International
  • Samudera's profits drop 37.8%
    HIGHER costs have deflated the profits of Indonesia's Samudera Shipping Line by 37.8% year on year for 3Q2011
  • Fire hits loading at Dalrymple Bay
    DAMAGE from last week's fire at the Dalrymple Bay Coal Terminal will slow ship loading until early December, IHS McCloskey reported today

The Journal of Commerceweb site
OCTOBER 25, 2011
  • CN Launches Large Share Buyback Program
    The board of directors at Canadian National Railway authorized the company to buy back up to 17 million shares of...
  • CN Profit Jumps 19 Percent on Record Loads
    Canadian National Railway's profit rose 19 percent to $648 million (C$659 million) in the third quarter from a year ago,...
  • HNA Buys Turkish Air Cargo Operator, Expands Fleet
    HNA Group bought a Turkish air cargo operator and will add up to 15 freighters over the next two years,...
  • Mica Coy on Congressional Response to HOS Ruling
    House Transportation and Infrastructure Committee Chairman John Mica said he's not ready to say how Congress will "aggressively oversee any...
  • UPS Slashes Asia Capacity 10 Percent
    UPS cut its air capacity out of Asia 10 percent during the recent third quarter amid a deep slowdown in...
  • Intra-Asia Ocean Carrier's Profit Falls 40.5 Percent
    Intra-Asia operator Samudera Shipping Line saw its third-quarter profit fall 40.5 percent year-over-year to $3.9 million, as rising operating costs...
  • Asia Exports Slide at NYK Line
    Japan's NYK Line says container volume from Asia to the United States and Europe fell 10.2 percent from September to...
  • Mica Backs Highway Bill as Jobs Measure
    House Transportation and Infrastructure Committee Chairman John Mica says a proposed six-year, $285 billion transportation plan will "be the core...
  • Alphaliner Says Some Asia-Europe Rates Below Zero
    Container freight rates on the Far East-North Europe spot market have dropped below zero after stripping out bunker surcharges, and...
  • UPS Profit Growth Slows on Flat Volume
    UPS reported a 5.1 percent gain in net profit in the third quarter on Tuesday, to $1.04 billion, as pricing...
  • Lufthansa Cargo Workers Strike Against Flight Ban
    Lufthansa Cargo employees walked off the job at Frankfurt airport Tuesday to protest a temporary ban on night flights at...
  • Used Commercial Truck Sales Rise in September
    Used truck sales bounced back in September after an extended slump during the summer, according to commercial vehicle research group...
  • CP Profit Falls 5.3 Percent as Intermodal Shrinks
    Third-quarter profit fell 5.3 percent at Canadian Pacific Railway to $184 million (C$186.8) million, as it lost 10.1 percent of...
  • Paccar Hits $4.26 Billion Quarterly Sales Record
    Truck manufacturer Paccar reported the highest quarterly revenue in its history as U.S. truck operators raced to replace aging heavy...
  • Ryder System Profit Up 44 Percent
    Ryder System increased net profit 44 percent from a year ago to $56.9 million as acquisitions and organic growth boosted...
  • EU Trust Busters Reject Sea France Restructuring
    European Union regulators rejected a $230 million restructuring of Sea France, casting doubt over the survival of France's state-owned freight...
  • Japanese Ship Orders Fall 77.1 Percent
    Japanese export ship orders fell for the fifth straight month in September on a year-over-year basis, plunging 77.1 percent to...
  • Shippers See Some Port Calls Skipped, Cargo Rolled
    Some trans-Pacific ocean carriers are skipping port calls and holding back vessel departures if bookings are weak, illustrating how feeble...
  • SIA Adds Frankfurt-Singapore Freighter
    Singapore Airlines is adding twice-weekly freighter service between Singapore and Frankfurt, adding Asia-Europe capacity just as a ban on night...
  • DP World Box Volume Jumps 10 Percent
    DP World's 10 percent year-over-year boost in container traffic in the third quarter was driven by strong growth at the...
  • Horizon Lines to End Trans-Pacific Services
    Horizon Lines is discontinuing its money-losing trans-Pacific service, a route that sought to sail in a niche market underneath the...

Containerisation Internationalweb site
OCTOBER 25, 2011
  • SSL's revenue up but profits down
    Intra-Asia container carrier Samudera Shipping Lines (SSL) saw its turnover soar by 24.5% to USD336.2 million in the first nine months of 2011 compared with the ...
  • AAPA urges Harbour Maintenance Tax to be used for dredging
    The American Association of Port Authorities (AAPA) wants USD6 billion collected from US Harbour Maintenance Tax (HMT) to be used to fund the dredging of harbour ...
  • Northern European ports 'still best' for central Europe
    Recent research carried out by Netherlands-based analyst NEA for the ports of Rotterdam, Antwerp and Hamburg shows that much of central Europe is still best served ...
  • Rena salvage moves forward
    The latest information released by the state agency Maritime New Zealand (MNZ) suggests that considerable progress has been made in pumping oil off the stricken ...
  • Australian navy rescues Maersk ship
    The Royal Australian Navy has stepped in to prevent another potential maritime disaster in Australasian waters after a Maersk-chartered container broke down near ...
  • Horizon to cut transpac service
    Just 10 months after launching its only transpacific service - the Five Star Express (FSX) - Charlotte-based Horizon Lines has announced that it is closing the ...
  • DP World up another 10%
    DP World has continued to out-perform the global average growth stakes of 7% t0 8% with its portfolio of container terminals registering a 10% rise in throughput ...
  • SITC posts mixed results
    Shanghai-based SITC International Holdings Company, which operates a range of intra-Asia liner shipping and logistics services, mainly centred on China, has announced ...

TradeWindsweb site
OCTOBER 25, 2011
  • Excel slides into red zone
    Gabriel Panayotides-led bulker owner logs third-quarter loss as troubled markets take toll on bottom line.
  • Matson fills Horizon void
    US operator poised to plug Guam gap while market waits for new entrant to tap Horizon Lines' abandoned loop.
  • All eyes on Omega
    Attention turns from New York to Houston as Marco Polo's legal eagles fight to keep Greek owner's bankruptcy in US.
  • Fairstar nets dual-cargo deal
    Norwegian heavylift operator inks second cargo contract for Hercules trip to boost semi-sub utilisation.
  • Jefferies tips tanker failures
    Bank warns there is a "strong possibility" for restructuring and bankruptcies before rates turn for the better.
  • Regent mulls cruise order
    Florida operator in talks with European shipyard over 50,000-gt newbuilding.
  • Horizon exits transpacific
    US operator prepares to lay-up leased SFI vessels following brief tour of duty in troubled territory.
  • Iceberg I ordeal over
    Azal Shipping vessel held by pirates for over 18 months set free after $4m ransom, sources say.
  • Blaydes makes the cut
    Current board member to replace Vitol's Paul Thomas as boss of Latvian Shipping.
  • Cosco sells spill ship
    Bulker which grounded off Norway in 2009 is finally cashed in by Chinese giant in $10.5m deal.
  • Bulker in trawler smash
    Tide Line's Amazon allowed to continue on to India after collision off Finland sinks fishing boat.
  • Ore deal for TransAtlantic
    Swedish ro-ro owner looks to expand into dry bulk with three-year contract.
  • Capital stacks it higher
    Evangelos Marinakis-led shipowner places $500m on the shelf for new ships and debt repayments.
  • Kherson building tanker
    Ukrainian plant starts work on river-sea crude/products carrier for Malta's SVL group.
  • Meiji set to make less
    Japanese tanker and bulker owner cuts half-year profit forecast despite expecting better revenue.
  • Car carriers look forward
    More cars and some restocking should provide welcome fillip to car carrier owners, says analyst.
  • Price pain nearing an end
    Charles Weber challenges the thesis that VLCC values will continue to plummet.
  • SeaFrance rescue blocked
    European Commission rejects loan from parent SNCF, placing future of struggling cross-Channel operator in doubt.
  • Scrap record to be broken
    Dry-cargo demolition benchmark for 2011 should be topped next year, Navios exec says.
  • SCI sells handymax
    Indian owner finds Bangladeshi buyer for 1986-built vessel at close to scrap prices.

American Shipper - Ocean newsweb site
OCTOBER 25, 2011
  • MOL's transpacific on-time improves
  • Free time extension in Thailand by MCC
  • Horizon drops transpacific service
  • Daily Maersk kicks off: A lion in winter?

The Bunker Bulletinweb site
OCTOBER 25, 2011
  • Vopak announces part ownership of South China storage facility
    Storage will be available to south east Asian countries as well as the domestic market.
  • IFO prices firm in Fujairah
    In Cape Town, MGO deliveries were available for supply up to and including November 8.
  • Call for clarity on sulphur regulations
    'The industry needs to be clear that there will be regulations and that there will be no delays,' legislators told.
  • Rotterdam prices firm
    Supplier tight for LS products in Hamburg.
  • Energy savings will be 'clear and transparent'
    International Paint says ship operators will be able to measure the reduction in energy use.
  • Cruise ship operator calls for ECA 'flexibility'
    'Averaging' is the most appropriate way the cruise industry can comply with sulphur rules, says Carnival UK.
  • Bunker prices up at major Asian ports
    Supplies of bunker fuel mixed at key Asian ports on Tuesday.
  • Andatee chief buys more shares
    CEO buys 18,282 company shares over two transactions on October 20.
  • Star Reefers Q3 losses widen
    Weak freight rates and high bunker fuel costs take their toll.
  • Chemoil moves to new office
    New office location effective October 17.
  • Almost a third of grounded vessel's bunker fuel removed
    Some 480 mt of oil pumped off Rena as of Monday afternoon.
  • Construction of bunker tanker newbuilds unaffected by Thailand floods
    ES Group will continue to assess flood situation, says CEO.

›››File
FROM THE HOME PAGE
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.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
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%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
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
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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%
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.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
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
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
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