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Independent journal on economy and transport policy
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BRIEFS
March 1, 2012
The Business Timesweb site
Shipping News
  • Court okays General Maritime revamp
    General Maritime Corp, the second-largest US owner of oil tankers, won provisional court approval to reorganise even as a bankruptcy judge told creditors to prepare their evidence for an expected fight over final approval of a Chapter 11 plan.
  • Pirates rob crew, kidnap captain and chief engineer
    Armed pirates opened fire on a cargo ship in an attack off the Nigerian coast, kidnapping the captain and chief engineer and robbing the crew before escaping, a maritime watchdog said yesterday.
  • Officers of ship that hit NZ reef plead guilty
    The captain and the navigating officer of a cargo ship that ran aground on a New Zealand reef last year pleaded guilty yesterday to mishandling the vessel and altering ship documents.

Sched Netweb site
  • MSC to increase Asia-Europe eastbound rate US$400/TEU from April 1
  • Maersk North Asia CEO expects hard bargaining before higher rates stick
  • Once restricted to 6,500-TEU, Savannah Port docks 9,200-TEU MSC Roma
  • Hunan January freight declines overall, but road volume soars 18.2pc
  • Samudera 2011 profit grows 33.8pc to US$12.6 million
  • Bangladesh 2011 export growth reflects price increases on modest volumes
  • Dubai freight rates stagnation blamed on supply and demand balance
  • Cargojet's profits dive in fourth quarter
  • Delhi spots irregularities, tells Air India to stop sale of 6 freighters
  • Turkey restricts Israel's 'dangerous' air cargo because of Gaza blockade
  • Barloworld Logistics stands ready to meet China shippers goals in Africa
  • Baotou-Xi'an-Haikou flight service launched

Exim Indiaweb site
  • Gateway Group hosts trade party in Mumbai
  • ICS cautions against any move to ban ransom payments to pirates
  • Maersk Line cuts Asia-Europe trade capacity
  • Ron Widdows to take over from Jan Steffens as CEO of Rickmers Holding & Rickmers-Linie
  • Negative trade list with India to be made public soon: Pak
  • India slips to 4th spot on world economic confidence list
  • Values & role models

International Transport Journalweb site
FEBRUARY 29, 2012
  • IRU addresses increasing liabilities for road transport operators
    The recent 9th IRU Symposium of Lawyers on the «Evolution of contractual relations in road transport» highlighted the current enforcement pitfalls and proposed best practices to ad...
  • MSC to increase rates in Asia-USA/Canada trade
    The Geneva (Switzerland)-based carrier Mediterranean Shipping Company (MSC) is increasing its eastbound rates in the Asia-USA/Canada trade by USD 240/teu, USD 300/feu and USD ...
  • Man Latin America continues to top Brazilian market
    MAN Latin America is once again Brazil's market leader for trucks of 5 t and over. 2011 was the best year in the vehicle manufacturer's history. MAN Latin America sold a total of 7...
  • Transports Pedretti opens new branch office in France
    The French transport and logistics company Transports Pedretti recently commenced operations at a new branch office in Buchères, southwest of Troyes (France). The new distribution ...
  • Transaero enters Armenian market
    Starting today, 29 February, the Russian carrier Transaero is introducing a service to Armenia. The Moscow Domodedovo-Yerevan link will be operated four times a week initially, the...
  • Fesco about to complete consolidation of Vladivostok Commercial Sea Port (VMTP)
    The board of directors of the Russian company Fesco recently approved the possible acquisition of up to a 100% stake in ZAO Transportnaya Companiya. Once this transaction and sever...
  • GLS Netherlands now AEO certified
    GLS Netherlands was recently granted the AEO certificate "customs simplifications". The parcel, freight and logistics service provider has been accepted as an authorized economic o...
  • 30 locomotives for Kansas City Southern Railway
    US transportation secretary Ray LaHood announced a USD 54.6 million loan to Kansas City Southern Railway Company (KCSR) for the purchase of 30 new General Electric ES44AC locomotiv...
  • VTG continues on path of controlled growth in 2011
    Hamburg (Germany)-based VTG Aktiengesellschaft, one of Europe's leading wagon hire and rail logistics companies, reported that railfreight transport in Germany grew by 5.1% in 2011...
  • New office in Timor-Leste for ISS
    Maritime services provider Inchcape Shipping Services (ISS) has opened an office in Timor-Leste. The new office, which is located in Dili, will include marine and offshore agency, ...
  • Sogaris: new director for logistics properties
    The French company Sogaris has chosen Christophe Ripert as director of the group's logistics real estate. The newly created position pools the formerly independent real estate proj...
  • Azkar phases in new terminal in Jaén
    The Spanish transport and logistics company Azkar is expanding its service range on the Iberian peninsula. The firm recently phased in a distribution platform with a working area o...
  • Centurion Cargo appoints Globe Air Cargo in Germany to market maindeck capacity to Latin America
    Globe Air Cargo, part of the ECS Group, has won a general sales agency contract for Miami FL (USA)-based Centurion Cargo, a privately-owned company founded in 2001. Under the terms...
  • AAT Mobile available in android market too
    Hong Kong's Asia Airfreight Terminal Co Ltd (AAT) announced that its mobile application - AAT Mobile is now available for download in the android market. Airlines, cargo agents and...

Marine Logweb site
FEBRUARY 29, 2012
  • Damen delivers its first tug to be Argentinian owned
  • GEA Westfalia BWT meets IMO requirements
  • DNV to carry out operations through three separate companies
  • Royal Caribbean to build second 4,100 passenger cruise ship at Meyer Werft
  • Coast Guard detains bulker master who failed breathalyzer test

World Wide Shipperweb site
FEBRUARY 29, 2012
  • CG apprehends ship captain suspected of being intoxicated
  • Seattle Port Commissioners give 'outstanding' rating to CEO
  • Washington agencies schedule annual regional contracting forum
  • New Navy tug loaded at Port of Tacoma terminal
  • Trucking group files brief backing electronic logging gear

Lloyd's Listweb site
FEBRUARY 29, 2012
  • The private security firms behind Somalia's pirate armies
    Gulf governments fund two new counter-piracy police forces set to operate inside Somalia
  • Shipping sidelined at Somalia conference
    Moves to ban ransoms put lives at risk in debate that sidelined seafarers
  • Indian sovereign guarantee in face of Iranian sanctions will shake P&I system
    Industry fears that China will follow suit
  • Iranian crude exports to India in January surge
    Import volumes two-thirds higher than average monthly levels in 2011
  • Mine expansion could secure new ore volumes for Canada's Port Cartier
    ArcelorMittal mulls plan to raise Mary River output to 50m tonnes a year
  • Devil in the detail
    Analysts' small print tables of financial ratios are excruciatingly dull stuff, but the chart on page 29 of Nomura's report Banks' Shipping Problems comes as something of a surprise
  • Agents of change
    Smart shipowners see maritime service providers as a secret weapon
  • Shipping debt to equity ratios top 1,000%
    Loss given default yardstick also high, says Nomura analysis
  • Flood of offers for ExxonMobil cargo as Middle East VLCC glut persists
    High bunker costs shave $1,000 per day off earnings on benchmark route to Asia
  • Q&A: Clyde & Co shipping partner John Keough
    The appeal of varied and complex US cases
  • Brightoil eyes expansion into LNG
    Company's new gas projects spur LNG interest and desire to be a 'leading global energy conglomerate'
  • OSG ponders vessel sales to raise cash
    'Multiple options' include asset sell-off, says Artzen
  • Jason waits on creditors' solution
    Stripped down Eitzen Group remains on verge of insolvency
  • Inchcape Shipping swings axe to clear away layers of bureaucracy
    Parent company prepared to back acquisitions after postponing sale plans
  • Baltic Exchange to report Asian supramax rates at 1300 local time
    Midday publishing in Singapore reflects shift of chartering activity to the Pacific region
  • Rising post-panamax boxship charter rates bring new hope to markets
    A handful of fixtures at healthier prices boost owner and broker morale
  • Royal Caribbean exercises €700m Sunshine-class option at Meyer Werft
    New generation cruiseship to be delivered in spring 2015
  • HMD wins $250m four-tanker order
    Kuwait to receive vessels by end-August 2014
  • Nigerian pirates take hostages from vessel for first time
    One crew member missing as violent attack on reefer Breiz Klipper is region's seventh incident in two months
  • South Korea's big three yards to see growth in orders this year
    Analyst expects recovery due to demand for LNG carriers, offshore vessels and drillships
  • Stricken Costa Allegra will dock in Mahé tomorrow
    Costa Cruises flies team to Seychelles to meet passengers in port
  • Vopak profit rises on 'geographical imbalances' in oil supply
    Demand for chemicals storage and handling in 2011 was encouraging, says company
  • NOCC knocked back by low charter rates
    Delivery of newbuilding and two secondhand vessels expected in year
  • Dublin Port launches $403m masterplan
    30-year expansion blueprint will double throughput to 60m tonnes
  • Japan P&I Club announces 10% unbudgeted supplementary call
    Group holds fire on proposed $103m subordinated loan
  • General Maritime Chapter 11 reorganisation plan back on track
    But bondholders given another opportunity to object to Oaktree rescue 'on any and all grounds' prior to April confirmation
  • Rena master and second officer face jail terms
    Sentencing due in May over boxship grounding and oil spill

Fairplayweb site
FEBRUARY 29, 2012
  • PEMEX exports stabilise
    MEXICAN oil giant PEMEX has reported only a small drop in exports for 2011, as volumes stabilised after previous years' sharp declines
  • Pirates take two hostages
    A PIRATE attack on a reefer ship anchored off Nigeria spurred a maritime security alert from GAC today
  • Seadrill's quarter profits deflated
    LOSSES on the financial derivatives markets cut deep into the net profits of Seadrill in 2011's final quarter
  • Drybulk port snarls ease
    DRYBULK port congestion is continuing to ease, with vessel queues dropping in Australian and Brazilian harbours
  • US nabs drunken master
    A BULKER captain has been detained in Oregon after US government officials determined that he was intoxicated
  • Pakistan nears open access with India
    PAKISTAN took the bold step today of increasing the number of goods tradable with India - much of it by sea ' by more than 6,000 items
  • Nhava Sheva terminal rates cut 44%
    INDIA'S Tariff Authority for Major Ports has cut rates by 44% at the third box terminal at Nhava Sheva
  • Caspian fire kills mariner
    A BLAZE that broke out on a tanker as it set off into the Caspian Sea killed one seafarer and injured three, Russian regional rescue services said today
  • Asian Panamax rates rise
    PANAMAX bulker rates have risen in Asia, with the grain season in EC South America attracting ballasters from the Pacific
  • US seen as future major coal exporter
    THE US could emerge as a major coal supplier amid changing supply and demand patterns, a coal conference heard today
  • Golar LNG raises $250M
    GOLAR LNG said today it has raised $250M in five-year convertible bonds
  • Asia, GoM chem rates diverge
    CHEMICAL rates are moving in opposite directions in the Gulf of Mexico and Asia
  • Höegh's losses deepen
    NORWAY'S Höegh LNG today reported deeper losses for both the final quarter and full-year 2011
  • Reef dredge plan defended
    AUSTRALIA's Great Barrier Reef Marine Park Authority told IHS Fairplay that a plan to charge a fee to dispose of dredging material would not raise how much of it is dumped in the refuge
  • Maybulk's profits dive 61%
    MAYBULK'S 2011 net profits dived 61% year on year to 91.3M ringgit ($30.4M)

The Journal of Commerceweb site
FEBRUARY 29, 2012
  • Jones Act Carriers on Alert to Tap US Oil Reserve
    Jones Act carriers say they are ready to haul oil from the Strategic Petroleum Reserve if President Obama decides to...
  • Hyundai Hikes North America-Latin America Rates
    Hyundai Merchant Marine plans a general rate increase effective April 15 for shipments from the U.S. and Canada to Argentina,...
  • Grounded Jade Cargo Gains Restructuring Aid
    Jade Cargo this week came a step closer to taking to the air again after its owners agreed to work...
  • De Well to Sell Ocean Capacity via JOC Exchange
    Logistics provider De Well Group plans to market and sell ocean container capacity available through the JOC Exchange, an online...
  • Truckload Capacity Drops 1.1 Percent, Survey Shows
    Capacity at a group of six large truckload carriers slipped 0.7 percent in the fourth quarter from the previous quarter...
  • Global Air Cargo Traffic Stabilized in January, IATA Says
    International air cargo traffic has stabilized after a year-long slump despite an 8.1 decline in January volume, which was caused...
  • Damco Profit Jumped 29 Percent in 2011
    Damco, the logistics and forwarding unit of A.P. Moller-Maersk, posted a 29 percent increase in profit last year as revenue...
  • British Airways, Iberia Boost Cargo Revenue 8.6 Percent
    International Airlines Group's freight revenue in 2011 grew 8.6 percent from a year ago to $1.6 billion, as the Anglo-Spanish...
  • US Economy Grew 3 Percent in Fourth Quarter
    The U.S. economy expanded at a 3 percent annual rate in the last quarter of 2011, topping the previous estimate...
  • Hong Kong Airlines Stops Dolphin Transport
    Hong Kong Airlines has bowed to pressure from customers and animal welfare groups to stop transporting live dolphins. ...
  • MSC Joins Maersk to Push Second Asia-Europe Rate Hike
    Mediterranean Shipping became the second carrier after Maersk Line to announce a second rate hike this year of $400 per...
  • Heated ILA Negotiations Could Push Cargo to West Coast
    West Coast ports could see a diversion of cargo from East and Gulf Coast ports this year if contract talks...
  • Eastbound Trans-Pacific Spot Rates Slip 1.8 Percent
    Average eastbound trans-Pacific spot rates fell 1.8 percent this week, as slack seasonal demand further undermined the rate increase that...

Containerisation Internationalweb site
FEBRUARY 29, 2012
  • Star Cool makes CA 'more affordable'
    At least that is what Anders Holm, an executive in Maersk Container Industry's sales and marketing department, claims. He was referring to the company's decision ...
  • WTSA launches new rate increases
    Shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) have announced a round of dry cargo rate increases, which they said was part of their ...
  • Ocean carriers thrown crumbs of hope
    Philippe Hoehlinger's latest macro-economic report on the container shipping industry reveals that global cargo growth in 2012 will be less than last year, but ...
  • Vancouver's 2011 volumes boosted by exports
    Canada's Port Metro Vancouver has seen its container volumes grow year-on-year for 2011 - boosted by exports aimed at the Asia Pacific.Overall laden volumes climbed ...
  • APM T continues to refocus its inland services division
    APM Terminals (APM T) will continue to reshape its inland services in the interest of improving the customer experience and raising margins, according to Km Fejfer, ...
  • ATA 'not surprised' by truck tonnage decline
    A month-on-month fall of 4% on freight tonnage carried by truck in the US in January has 'not surprised' the American Truck Association's chief economist, Bob Costello, ...
  • Grindrod earnings weaken in 2011
    Grindrod, the Durban (South Africa)-based shipping, freight services and trading group, saw net profit ease by 11.4% to ZAR845.1(USD112) million in its 2011 fiscal ...
  • Rena officers plead guilty, face long jail term
    The master and the second officer of the MSC-operated boxship Rena, pleaded guilty in the Tauranga District Court today to 10 out of the 11 charges laid against ...
  • MSC follows Maersk with April 1, Asia - Europe GRI
    Arguably the biggest threat to Maersk Line's recently declared new move 'towards profitability ahead of further market share gain' strategy, Geneva-headquartered ...

TradeWindsweb site
FEBRUARY 29, 2012
  • Do you trade with Iran?
    Holland & Knight attorney untangles complex web of US sanctions as shipping takes centre stage in Washington.
  • Courage under fire
    Singapore-listed shipowner sings bulker market blues as fourth quarter revenue falls 53%.
  • Tarot trumps top minds
    Shipping's brightest no match for one young broker and his fortune teller.
  • Viking Supply to raid Oslo
    TransAtlantic's offshore arm seeks up to NOK 750m as it joins Norwegian bond fray.
  • Latvian cuts back losses
    Riga-based owner sees hope for products tankers as it slashes annual deficit.
  • Polarcus sees turnaround
    Fleet expansion helps Rolf Ronningen-led seismic owner to cut fourth quarter deficit.
  • RCCL doubles down
    US cruiseship giant poised to splash EUR 700m on second Sunshine-class unit in Germany.
  • SinOceanic fails to finance
    Hyundai boxship delivery delayed as Norwegian owner's Chinese backer comes up short on loan cash.
  • HUBLine profit chopped
    Dennis Ling-led Malaysian boxship and bulker owner hurt by falling coal volumes in 2011.
  • DESSC pens two more
    African double takes the Oslo-listed firm's tally of long-term fixtures this year to nine.
  • Zafiro returns to Nigeria
    Monaco-based subsea owner's diving support vessel to take up new job for an old client.
  • Uggla takes Svitzer reins
    Maersk Mc-Kinney Moller's grandson appointed CEO of Danish group's towage and salvage arm.
  • GOS inks Brazil charter
    Bombay-listed owner nets another term deal in South America for an offshore support vessel.
  • Troublesome pair hurt NOCC
    Oslo-listed owner blames lay-up of short-sea vessel and poor earnings from its sister for fall in fourth quarter income.
  • Costly year for RCL
    Asian container line struggled with higher operating expenses in 2011 as profit turned to loss.
  • Global Carriers slashes loss
    Malaysian tanker owner enjoyed higher revenue in 2011 as utilisation increased.

American Shipper - Ocean newsweb site
FEBRUARY 29, 2012
  • Maersk, CMA long TP3/TP9/Columbus loop slows
  • WTSA seeks to raise rates, collect bunker
  • APMT fights rate cut in Nhava Sheva
  • Evergreen joins South America service
  • Obama creates trade enforcement unit
  • BIS blocks shipper's lubricating oil exports
  • ChemLogix appoints international sales manager
  • Grains Council puts exports information on Web
  • XPO's Charlotte branch to bring 200 jobs
  • IES picks up Columbia Logistics for its eCellerate platform

The Bunker Bulletinweb site
FEBRUARY 29, 2012
  • Spurring action for biodiesel
    Renewable Energy Group releases an-easy-to-use platform to contact state or federal elected officials.
  • Crude falls on high inventory supplies
    Crude inventories at five-month high.
  • Momentum building for Bahamas CO2 reduction proposal
    MEPC 63 considers raft of very different MBM proposals but only one deemed ready for inclusion in impact assessment.
  • Khalifa Port to open this year
    Port to develop bunkering facilities.
  • IFO prices falling in Fujairah
    Prices lack direction in South Africa.
  • Prices soften in European bunker markets
    Rotterdam players report good avails.
  • Polar Code: IMO 'just needs more time'
    Spokesperson denies claims that non-polar states and industry lobby groups are behind the latest delay.
  • Singapore sales 'dip' as differentials narrow
    Players report fewer vessels making 'bunker only calls.'
  • Bunker prices falling in Asia
    Mixed demand at Asian bunkering hubs on Wednesday.
  • OSG plunges deeper into the red in 2011
    Losses in international crude segment due to fleet overcapacity and higher bunker prices.
  • Cosco clinches contracts for seven 'fuel efficient' newbuilds
    Cosco estimates to gain around $190 million from the newbuilding contracts.
  • Rena officers plead guilty to multiple charges
    Ship master pleads guilty to all six charges laid against him, second officer pleads guilty to four offenses.
  • Chinese shipyard delivers new fuel efficient Ultra-max bulker
    Sinopacific's Crown 63 capable of reducing fuel consumption by 13%.
  • Shipping industry 'totally opposed' to inclusion in ETS
    Shippers already adopting EDDI and SEEMP to limit emissions, says ICS.
  • Fuel removal from Costa Concordia resumes
    Crane barge Meloria and bunker tanker Magic Duba repositioned alongside Costa Concordia

›››File
FROM THE HOME PAGE
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.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
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
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
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