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April 29, 2011
The Business Timesweb site
Shipping News
  • Aussie dock workers renew threat to strike
    Australian dock workers yesterday renewed their threat to strike over pay and conditions, warning that they would stage a 24-hour walkout tomorrow at the nation's three major ports.
  • Grain shipments down 40% on Mississippi
    High water on the Mississippi River has slashed grain shipments about 40 per cent and could pose a threat to exports from the US Gulf, the main exit for agricultural products to world markets, industry sources said on Wednesday.
  • Court to decide Samho's future
    A South Korean court will decide next month the future of privately held chemical tanker firm Samho Shipping, which filed for bankruptcy protection this week, the latest casualty of the distressed global freight market.

Sched Netweb site
  • Good news from Japan: MOL profit up 358pc, NYK, 'K' Line erase 2009 losses
  • China Shipping Container Lines narrows loss to US$22.4 million in first quarter
  • New Asia New Zealand Discussion Agreement bunker surcharge: US$700 per TEU
  • MOL splits Singapore-Mumbai-Karachi (NKX) service into two loops
  • UASC borrows US$140 million to buy nine 13,100-TEU ships
  • Seaspan takes in 8,500-TEU Cosco Vietnam - last of 8 newbuildings
  • Wuhan starts building first public logistics information portal
  • Manzhouli steel exports triple in first two months of 2011
  • Guangxi to increase port capacity 300 million tonnes in five years
  • UPS quarterly profit up 66pc to US$900 million on 7.3pc sales hike
  • Price-fixing Sea Star Line, Crowley settle on US$52 million for shippers
  • South Carolina's Charleston's containers up 12pc from July-March
  • Chemical leak delays sailing of 6,350-TEU Hyundai Oakland in Tacoma
  • Russia's National Container Company launches 'dry port'
  • Canada Pacific Railway quarterly profit falls 67pc to US$35.4 million
  • Air China Cargo commences Dalian-Shanghai-Frankfurt service
  • Huntsville, Alabama, airport sees rail drop, but air cargo rise
  • Qantas adds US$105 fuel surcharge on international prices

Exim Indiaweb site
  • Pinkcity Logistics targets global presence by 2020
  • ICTT breaks national records in operational efficiency
  • Navy warship to be on display at Kandla Port
  • New Mangalore Port berths first main line vessel of fiscal
  • Port Pipavav registers increased EBITDA margins in Q1 2011
  • 10K-cr. freight corridor project contracts to be awarded by year-end
  • CONCOR net up 17 pc in Q4, 6 pc for fiscal
  • India against EU trade concessions to Pak
  • China's economy to overtake US by 2016: IMF

International Transport Journalweb site
APRIL 28, 2011
  • Egyptair continuing daily Bangkok service
    Egyptair is extending its Boeing B777-300ER operation on the daily Cairo ' Bangkok service until 31 May. Previously this service was scheduled to operate until today (28 April).
  • Busiest month at Singapore airport for three years
    Despite declines for passenger movements between Singapore Changi airport and Japan, on the cargo front, March 2011 was Changi's busiest month in three years, with airfreight ...
  • CSX: operating income improves 22 % to USD 773 million
    CSX Corporation reported first quarter 2011 net earnings of USD 395 million, versus USD 305 million in the same period last year. This represents a 36% year-on-year impro...
  • Hub Group: 22% up in Q1/2011
    The US service provider Hub Group reported a net income of USD 10.5 million for the quarter ended 31 March 2011, an increase of 22% compared to last year's first quarter....
  • Volkswagen: more trucks sold again
    The German car manufacturer Volkswagen sold 121,200 trucks in the first quarter of the current year, 36.2% more than in the same time frame in 2010 when a total of 89,000 trucks we...
  • 2010 - a year of strong growth for Arval
    The Arval Group showed a strong upturn in its activities for 2010. Its performance significantly outstripped that of the market with a 10% increase in the leased fleet to reach a t...
  • GATX Rail Europe enters Turkish market
    GATX Rail Europe is entering the Turkish market with the deployment of newly manufactured railway tank wagons. These state-of-the-art, 95 cbm wagons, which are designed to eff...
  • Correction: FedEx in Delhi (ITJ Daily of 18 April 2011)
    FedEx would like to clarify that it currently does not have plans to establish a deep freeze shipping recharge point in Delhi. The recharge capability in India is a Cryoport servic...
  • Port of Long Beach welcomes Grand China Shipping
    Grand China Shipping, one of the fastest growing ocean carriers in China, recently made its inaugural call at the Port of Long Beach CA (USA), when one of its vessels berthed at th...
  • French shipowners call for better conditions in the EU
    The French inland shipowners association CAF (Comit' des Armateurs fluviaux) held its annual meeting in Paris this month (April). One of the conclusions that was drawn...
  • Port of Rotterdam: one million containers in one month
    The port of Rotterdam became the first port in Europe to handle 1 million containers in one month in March. The record was achieved in the evening of the last day of March when the...
  • Fiege signs logistics contract with Frimo
    The German logistics group Fiege has signed a multi-year contract with Frimo, a company based in Lotte, near Osnabr'ck (Germany). Under the terms of the pact Fiege will b...
  • FedEx rolls out EarthSmart programme in EMEA region
    The CEP service provider FedEx Express, owned by the US FedEx Corporation, has officially launched its sustainability programme EarthSmart in Europe, Middle East, Indian Subcontine...
  • UPS: earnings up 66% in Q1/2011
    Business is currently flourishing for UPS, the world's largest parcel service provider. Q1/2011 sales rose by 7% to USD 12.6 billion and the profit vaulted by 66% to USD ...
  • Ceva Logistics appoints Piotr Zborowski as senior VP Eastern Europe
    Ceva Logistics, one of the world's leading supply chain companies, has named Piotr Zborowski as senior vice-president (VP) of Eastern Europe. Zborowski has over 15 years experience...

Marine Logweb site
APRIL 28, 2011
  • Obama nominates Panetta to succeed Gates as Secretary of Defense
  • First Coast Guard FRC launched at Bollinger Lockport
  • Court slashes Horizon Lines fine
  • Indian seafarers protest pirate Asphalt Venture hostage-keeping
  • Yangzijiang Shipbuilding still planning capacity expansion
  • Kirby to invest $100 million in new tank barges

World Wide Shipperweb site
APRIL 28, 2011
  • Bremerton Port Commission taps Thomson as new CEO
  • Ceremony marks naming of new OOCL container ship
  • Latin American Ports congress set for June 22 - 24 in Lima
  • NOL Group honored with Asian Freight & Supply Chain awards
  • Federal funds earmarked to purchase rail cars for Caltrans

Lloyd's Listweb site
APRIL 28, 2011
  • Europe-US medium range tanker earnings hit 30-month high
    Three-day working week due to UK national holidays creates charter rush, taking product tankers off spot market
  • Ardmore acquires two newbuildings from Hellespont
    Two IMO II chemical tankers originally ordered by Hellespont in January 2009 and are being built at Sekwang Shipbuilding in South Korea
  • Sanko sells supramax pair for $38m
    The Sanko Steamship Co is understood to have sold two 13-year-old supramax bulk carriers for $19m each in the secondhand sales market
  • Gazprom secures 31% rise in refined product sales
    Russia's energy giant Gazprom saw its net sales of refined products rise by Rbles168bn ($6bn), or 31%, in 2010 compared with the previous year, mainly due to price increases for refined product
  • Base rates look set to remain low
    The key indicator for the wholesale money market, the six-month dollar London Interbank overnight rate, has flatlined since the credit crunch
  • Growing confidence spurs shipping companies to eye big investments
    CMA CGM's successful bond issue has left other shipping investors eager to grab a slice of the action
  • The age of the Chinamax
    Rise of eastern megacities will drive vast demand for raw materials even higher
  • Naval action has reduced successful pirate attacks
    Success rate of pirate attacks off the coast of Somalia in the first quarter of 2011 was 13%-15%
  • It is time for governments to get a grip on piracy
    Robust laws are required to protect seafarers as the use of motherships has increased the expanse of ocean vulnerable to pirate attack
  • Japan endures
    The big three Japanese lines have slashed their earnings expectations for the year
  • Persuasive facts
    Britain's maritime industry no longer has a household name at its core
  • North Africa and Japan rain on Royal Caribbean parade
    'Spectacular' year now has become merely a 'very good' one, says Richard Fain
  • CSCL falls into the red again
    Continues spending on vessels despite first quarterly loss in a year
  • Cash flow is crucial in debt finance ratings
    Credit rating agencies must be responsive to changing dynamics when evaluating offshore drill firms
  • Harren & Partner secures funding for offshore unit
    Goldman Sachs Capital Partners fronts up after IPO plans dropped
  • Maersk in $1.3bn deepwater drillship order
    Drillships will be capable of drilling wells of greater than 40,000 ft
  • China and India to spearhead Asian growth
    IMF report sees important spillover for other countries in region
  • Owners seek spin-offs to boost asset returns
    Seadrill, Aker and Sevan have all spun off entities
  • Australian dock union face legal action
    Accused of unlawful industrial action
  • Yangzijiang reports strong first quarter
    More orders and higher margins behind positive figures
  • Sekwang Heavy seeks bankruptcy protection
    Joins growing list of South Korean companies in difficulty
  • Ardmore buys Hellespont chemtankers
    Two IMO II chemical tankers originally ordered by Hellespont in January 2009 and are being built at Sekwang Shipbuilding in South Korea
  • International Shipholding revenues fall
    Profits fall in line with declining earnings
  • Ireland demands special dividend from Dublin Port Co
    Government seeks to bolster revenues from profitable state-owned companies
  • Ocean Rig orders second drillship this month at Samsung Heavy Industries
    Declares option on additional unit in order worth $611m
  • K Line warns of 'unpredictable' year ahead as it posts $368m profit
    Says earnings environment for car carrier segment will be 'extremely harsh' in near term
  • NYK slashes profit forecast to reflect impact of earthquake and tsunami
    Warns car transport volumes could 'plummet' as bulk and tanker markets remain 'subdued'
  • MOL posts $700m profit in but steep decline expected this year
    Significant drop in car exports from quake-hit Japan, dry-bulk market slump to take toll

Fairplayweb site
APRIL 28, 2011
  • Flipflop conversions rise
    UPS AND downs in the box and drybulk sectors have resulted in a flipflop conversion trend for leading Chinese shipbuilder Yangzijiang
  • Misrata evacuation finally succeeds
    NEARLY 1,000 people fleeing Moammar Gaddafi's regime were reported evacuated today from the besieged Libyan port of Misrata
  • Sekwang of South Korea seeking receivership
    SEKWANG HI has applied for receivership, an official with the South Korean shipbuilder told Fairplay
  • Subscriber notice
    THERE will be no news bulletins tomorrow or on 2 May because of the UK holiday weekend
  • RCCL trims outlook
    CRUISE major RCCL today reported much better quarterly results than expected but cautioned on the rest of 2011
  • Capesize wiggle room seen
    BROKERS told Fairplay today Capesize rates have improved slightly this week, as Australian miners roll out more cargo approaching May Day and port congestion eases in Brazil
  • VLCC spurt eases
    VLCC SPOT rates are continuing to languish at historic lows, as the spurt of activity earlier this week eased
  • Tracing Samho's troubles
    A KEY counterparty appraiser told Fairplay today that Samho Shipping's troubles first surfaced last year
  • Japan liners warn on profits
    JAPAN'S three major liners said today they expect lower profits this year because of country's quake crisis

The Journal of Commerceweb site
APRIL 28, 2011
  • Court Agrees to Cut Horizon Fine
    A federal court in Puerto Rico agreed to reduce Horizon Lines' $45 million fine for antitrust violations to $15 million,...
  • Dockworkers Sentenced for Payroll Fraud
    Two New York-New Jersey dockworkers have been sentenced after pleading guilty to submitting fraudulent time sheets for hours they didn't...
  • China Shipping Reports First-Quarter Loss
    China Shipping Container Lines said its net loss for the first quarter narrowed 24.1 percent from a year earlier to...
  • American Railcar Cuts 1Q Loss as Car Demand Returns
    American Railcar Industries trimmed its first quarter loss to $5.3 million from $7 million in the 2010 period but reported...
  • Pacer Rebounds From Loss to $2 Million Profit
    Intermodal service provider Pacer International posted net income of $2 million in the January-March period, up from a $500,000 loss...
  • Customs Begins Final Byrd Amendment Payments
    U.S. Customs and Border Protection is distributing the last antidumping duties to be paid to U.S. companies under the "Byrd...
  • LA Clean-Truck Case Goes to 9th Circuit June 10
    The U.S. Court of Appeals for the 9th Circuit on June 10 will hear oral arguments from the Port of...
  • OOCL Names First in 8,888-TEU Series
    OOCL christened its newest ship the OOCL Beijing in ceremonies Thursday at Hungdong -Zhonghua Shipbuilding in Shanghai. The OOCL...
  • Two Charged With NY-NJ Drug Smuggling Plot
    A dockworker at APM Terminals and a Maersk Equipment Service official were charged with conspiring to distribute more than two...
  • ANA Posts $284 Million Net Profit
    Japan's All Nippon Airways posted a net profit of $284.15 million in fiscal 2010, which ended on March 31, compared...
  • China Cosco Swings to First-Quarter Loss
    China Cosco Holdings swung to a loss of $77.3 million in the first quarter ended March 30 as global vessel...
  • RailAmerica Posts $4.1 Million 1Q Profit
    Short line operator RailAmerica swung to a $4.1 million net gain in the first quarter from a $2.5 million loss...
  • Port of LA Plans $3 Billion for Expansion
    The Port of Los Angeles in the coming decade will spend more than $3 billion to deepen its access channel,...
  • Japanese Government Submits Reconstruction Budget
    The Japanese government on Thursday submitted a supplementary budget of $48.8 billion for reconstruction following the March 11 earthquake and...
  • German Inland Containers Surge 18.4 Percent
    Container traffic on German waterways surged 18.4 percent to a record high in 2010, outpacing a 12.8 percent growth in...
  • Trinity Profit Soars, Railcar Orders Hit Record High
    First quarter net income for transportation equipment supplier Trinity Industries was nearly six times higher than a year earlier at...
  • 'K' Line Earns $368 Million, Forecasts Lower Profit
    Japanese carrier 'K' Line reported $368 million in net income for its just-ended fiscal year but forecast lower profit and...
  • NYK Reports Profit, Reduces Forecast
    Japanese shipping conglomerate NYK Line reported a $912.7 million profit for its just-ended fiscal year, reversing a $187.5 million loss...
  • Genesee & Wyoming to Launch Antwerp Service
    Genesee & Wyoming, the U.S. short line and regional rail company, will launch dedicated terminal shunting and feeder services in...
  • Japan Industrial Output Takes Record Tumble
    Japan's industrial production fell at its fastest pace on record in March, tumbling 15.3 percent from February, according to preliminary...
  • MOL Earns $700 Million Profit for Year
    Japanese ocean carrier Mitsui O.S.K. Lines earned $700 million net profit for its fiscal year ended March 31 but forecast...
  • Nevada Governor Names Rep. Heller to Fill Senate Seat
    Nevada Gov. Brian Sandoval, R, said he will appoint Rep. Dean Heller, R-Nev., to replace John Ensign in the Senate...

Containerisation Internationalweb site
  • Samudera ahead on volume and profit
  • Softship strengthens southern hemisphere coverage
  • APM T Pipavav posts strong Q1 11 results
  • Brado to bump boxes up to 500,000 per annum
  • Maersk signs up with Freightliner again

TradeWindsweb site
APRIL 28, 2011
  • Judge cuts Horizon fine
    US liner operator scores major victory in federal court as judge reduces $45m antitrust fine to $15m.
  • OIG turns to private equity
    Harren & Partner and Goldman Sachs plough $500m into offshore owner following failed IPO in Oslo.
  • CCHC covered in red ink
    Bulker and boxship wing of Cosco group fingers lacklustre freight rates and oversupply in $77m loss.
  • LNG & offshore lift Exmar
    Belgian gas owner sends CFO Didier Ryelandt to Houston to head offshore unit following profitable quarter.
  • HRZ jumps on DoJ motion
    New York-listed liner owner's stock jumps 14% as US Department of Justice asks judge to slash $45m fine.
  • Concordia predicts profit
    President of Swedish shipowner predicts full-year profit despite sluggish pace of product tanker rebound.
  • Cosco eyes port plays
    Chinese group's boss Wei Jiafu ready to go "bottom-fishing" for terminal assets.
  • Havyard boosts core profit
    Saevik family controlled shipbuilder pushed up EBITDA in 2010 as cost controls help overcome a fall in revenue.
  • RCCL feels global tremors
    But company remains on track for strong 2011 despite downturn after roaring start.
  • Sanko sells supramax pair
    Japanese owner offloads bulker brace in the latest example of sliding asset values in the sector.
  • Daiichi storms back
    Japanese bulker owner turns around big loss in previous year as revenue grows.
  • Sekwang seeks protection
    Order drought, derivatives losses and banks' refusal to back refund guarantees pushes South Korean shipbuilder to the edge.
  • Ardmore expands fleet
    Anthony Gurnee does a buy two, charter two, chemical carrier deal with Hellespont.
  • Garware targets duo
    Indian offshore owner wants to seal $110m deal for large PSV acquisitions within 18 months.
  • Aus dockers to strike
    Port workers walking out at Melbourne, Sydney and Brisbane on Saturday over pay.
  • KLC duo to boost Scorpio
    Analyst pushes up estimates for New York-listed owner after $70m double buy amid talk a dividend is around the corner.
  • ISC profits skyrocket
    Split with DryLog sees New York-listed company hit $18m jackpot.
  • Rem toasts oil price rise
    Age Remoy-led owner says higher value of the black stuff has created 'great expectations' in the market.

American Shipperweb site
APRIL 28, 2011
  • CBP: Export license decisions resolved faster
    Improved inter-agency collaboration and techniques have significantly contributed to reducing the timelines for U.S. export license determinations, said Todd Owen, a top supply chain security official at U.S. Customs and Border Protection. CBP's n...
  • UPS Airlines names VP flight operations
    UPS has named Matt Capozzoli as vice president of flight operations for UPS Airlines. He replaces Capt. Rick Barr, who is retiring after 23 years at the company. Capozzoli, 52, joined UPS in 1977, working in ground operations as a package handler, ...
  • CTSA raising currency fee again
    Member lines of the Canada Transpacific Stabilization Agreement will once again raise the currency adjustment surcharge they assess on shippers as of June 1. The fee will increase to 10 percent. It's currently at 8 percent, but will rise to 9 perce...
  • Hamburg Sud taking slots on three services
    German container line Hamburg Sud has joined three services as a slot buyer, according to research from American Shipper affiliate ComPair Data.The line has joined MOL's CSW services between China and the East Coast of South America by way of South...
  • Government proposes to slash Horizon fine
    The U.S. Justice Department, which earlier this year fined Horizon Lines $45 million for participating in a price-fixing conspiracy with competitors in the U.S. mainland to Puerto Rico trade, is now seeking to reduce the fine to $15 million. "The r...
  • Japan's big 3 net big 2010 profits
    Japan's big 3 net big 2010 profits Japan's big 3 net big 2010 profits Japan's three major container lines on Thursday reported collective operating profits of more than $1.2 billion for their fiscal year 2010, a major recovery from the $1.8 billio...
  • Maersk cuts transpacific leg of long-line service
    Maersk Line has significantly changed one of its core long-line services connecting Europe and the U.S. West Coast with Asia as the pivot, according to research from American Shipper affiliate ComPair Data. The line's former Asia-Europe-transpacif...
  • Norfolk Southern says profit up 26%
    Norfolk Southern said it had first quarter net profit of $325 million 26 percent higher than the $257 million earned in the same 2010 period, Railway operating revenue for the quarter ending March 31 was $2.6 billion, 17 percent higher. General me...
  • International Shipholding reports profit
    International Shipholding Corp. reported first quarter net profit of $24.1 million compared to net profit of $10.6 million in the same 2010 period. The higher profit came even though revenue was lower: $64.3 million in the first quarter compared to...
  • Issue deep and wide

The Bunker Bulletinweb site
APRIL 28, 2011
  • Middle East prices mixed
    "Good times for Suez bunkering market", a player told Bunkerworld.
  • Maersk sees 'no major role' for biodiesel
    Trial vessel is now equipped to test 'other emerging fuel types' that can reduce environmental footprint.
  • Refiner to cut 'bunker grade' fuel oil cargoes
    Traders say loss of Essar Oil's output is 'significant' for marine fuel market.
  • Bunker prices mostly up
    In Gibraltar, a supplier reported tight avails with earliest delivery from May 3.
  • Testing agency sets up office in Hambantota
    'There are enormous opportunities,' says S B Consortium.
  • Low-emission Ro-Pax ferry study gets underway
    Green Ship of the Future confirms dates for information meetings.
  • Bunkers prices up at major ports
    Demand for bunkers mostly average on Thursday.
  • Vopak sells remaining share in inland barge company
    Interstream has a 'limited strategic fit' within Vopak's global terminal network strategy, says company.
  • NuStar to see 'increased earnings' from bunker business
    Fuels marketing to contribute up to $8 million increase in EBITDA in Q2 2011, says CEO and president of NuStar Energy.
  • Samho Shipping files for receivership
    Blames high bunker prices, low freight rates and costs related to piracy attacks.
  • Sinopec Zhoushan starts MGO deliveries at Chinese ports
    MGO sourced from a South Korean refinery.
  • High bunker prices 'positively impact' barge operator's earnings
    Raises earnings guidance for Q2 on back of expected 'accretive earnings' from recent acquisitions including the bunkering operation of Enterprise Marine.

›››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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