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March 2, 2012
The Business Timesweb site
Shipping News
  • Time to review maritime law: US lawmaker
    A US lawmaker on Wednesday urged a review of US maritime law which could lead to bigger compensation payouts for passengers seeking damages from ship operators after deadly disasters at sea.
  • Baltic index hits 25-year low amid vessel glut
    The Baltic Dry Index, a measure of costs to ship dry-bulk commodities, fell to the lowest monthly average in more than 25 years as a glut of vessels weighed on freight rates.
  • Shipping loan losses seen hitting US$13b
    Banks will lose US$13 billion over the next two years on 3 per cent of all shipping loans as a collapse in earnings drains vessel owners' cash flows amid depressed asset values, Nomura Equity Research said. Thirty-one per cent of loans held by 83 shipping companies with US$201 billion in debt may 'be vulnerable,' and 10 per cent might become non-performing, the investment bank said in a report dated Feb 27.

Sched Netweb site
  • APM Terminals posts 'strongest ever' profits of US$1.05 billion in 2011
  • Rena officers plead guilty to mishandling boxship, forging documents
  • Le Havre containers fall 6pc, but enjoy mid-year rise before 4th quarter
  • Seaspan posts 83pc net profit decline to US$23.5 million in 2011
  • Obama assigns 'special prosecutor' to investigate Chinese trade practices
  • Containership guards repel Hormuz Strait pirates in live fire incident
  • MSC deploys its first 12,500 TEU, the Fabiola, on Asia-US west coast trade
  • WTSA recommends US-Asia rate hikes of US$50-$100 per FEU from April
  • Sichuan road building hits four-year annual record - 6,537 kilometres
  • Hainan provincial port throughput surpasses 100 million TEU in 2011
  • January Xinjiang cross-border surface transport volume declines 11.9pc
  • Ugandans to lose 150 containers in auction to ease congestion at Mombasa
  • Israel's enhanced container security checks comes at shippers' expense
  • Dutch donate 2 top quality container scanners to boost Palestinian trade
  • Evergreen re-starts ANS service for North America/South America
  • South Carolina governor thwarts eco-activists vetoing anti-dredging bill
  • Guangxi handles 10,500 tonnes of air freight in Chinese New Year period
  • US bill would force pilots to log more hours to qualify to fly cargo planes
  • MidAmerica airport aims to become a cargo hub for China trade
  • FedEx Life Sciences' chief calls for regulatory, tax support from India

Exim Indiaweb site
  • DAMCO continues to make strong, steady progress
  • Govt may reserve a quarter of ex-im cargo biz for Indian ships
  • ICC/Ifo survey reveals slight brightening in world economic climate
  • Rickmers-Linie in tie-up with Stonetrans, Antwerp Breakbulk Agencies & DP World Breakbulk to ship rough granite, sandstone blocks from India to Antwerp
  • Tanker insurers may take a hit due to Iran sanctions
  • Negative trade list for India cleared, MFN status by year-end: Pak
  • Draft Policy for award of ports waterfront & associated land on captive user basis
  • Feb. 28 strike a total success at Kandla Port: Unions
  • MbPT beats JNPT to win Major Ports Cricket Championship
  • ICHAA re-elects Anurag Vijayvargiya as President & Rajan Pillai as Hon. Secretary for 2012-13

International Transport Journalweb site
MARCH 1, 2012
  • SAS Cargo adds Shanghai to network
    Today (1 March), the Scandinavian carrier SAS is launching a new Copenhagen-Shanghai (China) route, which will further improve the service between Scandinavia and the Chinese marke...
  • AMI moves into new Heathrow home
    The UK arm of Air Menzies International (AMI) - one of the world's largest trade-only airfreight and express wholesalers - has moved into a new London Heathrow hub facility at Pola...
  • New loan for construction of Brcko bypass
    The European Bank for Reconstruction and Development (EBRD) is continuing to support the modernisation of transport infrastructure in Bosnia-Herzegovina with a sovereign EUR 28.5mi...
  • Etihad Airways increasing surcharges to offset EU carbon scheme
    UAE-based Etihad Airways is increasing the fuel surcharge on its European flights to offset the costs being imposed on the airlin...
  • Finnlines with biweekly service from Wallhamn to Ust-Luga
    Finnllines is starting a new biweekly new service from Wallhamn on the southwest coast of Sweden to the Russian port of Ust-Luga in late March. The Finnish shipping company will de...
  • European road transport rates decrease since May 2011
    European road freight prices decreased by 0.6% in Q4/2011 compared to the price index in Q3/2011 and by 1.5% compared to the index level in Q4 of the previous year, reported Trans...
  • Sernam: will the EU offer financial support?
    Over the next few days the European Commission will decide whether to offer financial support to the French transport company Sernam. The latter already received subsidies in 1998....
  • Terminal Basel Nord to be trimodal hub
    Switzerland's new Terminal Basel Nord will be designed as a trimodal hub for maritime containers. The focus will be on inland ship - railway transport chain. This will allow contai...
  • CP expands its oil by rail operation to Lloydminster, Saskatchewan
    Canadian Pacific (CP), a North American transcontinental railfreight transportation company, is now shipping crude oil by rail from a new transload facility near Lloydminster, Sask...
  • Philippine ambassador visits ICTSI Manzanillo
    George Reyes, the newly appointed Philippine ambassador to Mexico and Central America, visited the site where Contecon Manzanillo S.A (CMSA), a wholly owned Mexican subsidiary of I...
  • UPS woos TNT after weak financial year 2011
    The Dutch group TNT Express reported a net loss of EUR 270 million for business year 2011. The giant US-based parcel service provider UPS is continuing its takeover negotiations fo...
  • New CEO for Alitalia
    The Italian airline Alitalia board has chosen Andrea Ragnetti to replace Rocco Sabelli as chief executive, effective from 5 March. Ragnetti is a former executive of Royal Philips E...
  • Gefco and Minsheng Shipping evolving into Shenzhen Minsheng Gefco Logistics
    It has only just come to light that the French transport provider Gefco and the leading Chinese logistics service provider Minsheng Shipping signed a joint venture contract on 5 Ja...
  • Kuehne + Nagel opens new office in in Thailand
    Kuehne + Nagel, the giant logistics service provider based in Schindellegi (Switzerland), has opened a new office in Chiang Mai to meet the strong demand for integrated logistics ...
  • Lehnkering Chemical Transport. management expanded
    The Lehnkering Chemical Transport (LCT) division, which is part of the company's road logistics and services (RLS) sector, will be headed by Steffen Bauer, with immediate effect. H...
  • Break Bulk China: Shanghai- first stage of this year's Business Run
    Flensborg and Associates, a Munich-based sales and consulting firm, organised the seventh Break-Bulk Business Run in Shanghai (China) on 28 February 2012, and also announced the ex...

Marine Logweb site
MARCH 1, 2012
  • MSRC beefs up response capabilities in GoM
  • Rolls-Royce receives second Environship order
  • Fredriksen set to go shopping with $1 billion from Seadrill shares sale
  • IHC Merwede books orders worth €450million for three pipelaying vessels

World Wide Shipperweb site
MARCH 1, 2012
  • CG holds vessel in Portland for failing safety inspection
  • New study highlights value of US commercial airports
  • Boeing receives honors for record Dreamliner flight
  • Seattle Port Commissioners Ok first reading of Kirkland land deal
  • Rail association taps IPH as full member of organization

Lloyd's Listweb site
MARCH 1, 2012
  • Weak European coal demand sees Atlantic and Pacific rates diverge
    Widening gap between panamax and supramax spot rates
  • Australian and Indonesian exports dominated 2011 global coal trade
    However, Atlantic coal tonne-mile demand rose 50% last year
  • Robust Chinese demand brings cautious optimism to car carriers
    Improved supply-demand balance to drive rate increases, says DVB Bank
  • Caribbean-US product tanker trade collapses after refinery closure
    Brokers say Baltic Exchange benchmark route now 'irrelevant' to the market
  • Concordia Maritime evaluates next move after broadening trade base
    Swedish tanker owner expanding presence in edible oils sector
  • The cheap and cheerless shall inherit the seas
    What price cost cutting when the average shipping firm has no fat to trim?
  • Pimp my ship
    Making the case for slower sailing speeds
  • Marine Money: a tale of cynics, sceptics, epicureans and stoics
    Speakers agree on bleak short-term trends but disagree about opportunities
  • Fredriksen selling Seadrill shares to 'aggressively pursue' shipping opportunities
    Stock equivalent to $1bn could benefit tycoon's portfolio of companies but also potential new ventures, say analysts
  • Last Embiricos single-hull tanker sold for demolition
    Brokers report that Antiparos will be recycled in Pakistan
  • European freight forwarders still foresee an upturn
    Bank's monthly sentiment index suggests a rise in volumes in the coming two months
  • Annual Chinese crude oil tonne-mile demand closing in on US levels
    Rise in shipments from South America to China increases sailing distances but ESPO pipeline limits growth level
  • First mainland China-owned cruiseship sets sail next week
    Huang pledges to invest in fleet to tap growing Asian leisure market
  • Dr Peters seeks fresh capital
    KG fund seeks to buy back two insolvent tankers
  • Hong Kong bidding
    Sailors' Society hosts charity bash
  • KG owner is plaintiff in Hyundai Merchant Marine Rule B case
    NSC Schiffahrtsgesellschaft and not Reederei Claus-Peter Offen is the company alleging $1.89m default
  • Seanergy regains compliance
    Surge in share price helps meet Nasdaq rules on minimum market value
  • Soaring box index shows lines' GRI success
    Big Asia-Europe rate increases achieved
  • Torm working on new structure
    Meldgaard says restructing will be attractive to new investors
  • MHI and Sinopacific announce kamsarmax partnership
    Japanese yard will sell technology know-how to mid-sized Chinese niche player
  • Lomar named as Cosco customer
    Dry bulk order came from maritime unit of Logothetis-backed Libra
  • Bad weather delays Rena salvage
    Costs expected to top $100m
  • Eurotunnel has 'strong interest' in buying ex-SeaFrance vessels
    Jacques Gounon says consortium of 500 former Seafrance staff is willing to restart Dover-Calais service
  • Costa Allegra passengers disembark in Mahé
    Cruiseship has taken three days to reach shore
  • Looks bad, is bad
    Shipping companies the world over represent the shipping industry as a whole, so Costa's problems are the cruise industry's problems
  • Seafarers killed in clash with pirates confirmed as Pakistani and Iranian
    But identity of vessel recaptured by Danish navy still unknown
  • DFDS issues 2012 profits warning
    Danish freight and passenger ferry operator cites tougher competition in the North Sea ro-ro market and higher bunker costs
  • Let the market decide
    Why speed limits are a bad idea
  • Sinoceanic delays delivery of MSC Altair as it fails to find funding
    Oslo-listed boxship operator unable to raise $61m from China's HNA Group as planned

Fairplayweb site
MARCH 1, 2012
  • Cash grab alleged
    AN EXECUTIVE of Houston's Delos Shipping has alleged in a court document that BLT's controlling shareholder has shifted funds out of the Indonesian company
  • High prices hurt oil demand
    IHS CERA warned today high oil prices could destroy demand in an already-weak economic climate, which would hurt the already-oversupplied tanker sector
  • Pacific Basin's profits drop by 69%
    PACIFIC Basin Shipping today said net profits for 2011 were $32M, a 69% drop from 2010's results
  • WWL plans green surcharge
    WWL TOLD Fairplay it plans to raise rates to offset spiralling costs from environmental regulation
  • TWIC needs tweaking
    BIOMETRIC security card readers at US ports face a range of challenges before a final rule on regulatory requirements can proceed, a government report concluded
  • Yangzijiang unveils $631M in profits
    SINGAPORE-listed Chinese shipbuilder Yangzijiang has posted record profits of 3.98Bn yuan ($631.16M) for 2011
  • No-one hurt as Allegra passengers go ashore
    CRIPPLED Costa Allegra was towed into Port Victoria, Seychelles, this morning at about 10.30 local time
  • Oz coal boom tied to degradation
    GREENPEACE today released a report warning about environmental damage caused by port schemes and rising bulker traffic from Queensland's coal boom
  • Courage loses $28.95M
    COURAGE Marine said today it incurred $28.95M in losses for 2011, reversing $9.176M in profits for 2010
  • RCL falls $25.5M into red
    THAILAND'S RCL said today it lost 780M baht ($25.5M) in 2011, reversing 465M baht in profits for 2010
  • TORM loses more than forecast
    DS TORM said today it remains in talks with lenders over its financial problems, while reporting that impairment charges sparked much deeper 2011 losses than it had expected
  • NOL shares rise on sunny forecast
    NOL'S shares rose today after Morgan Stanley predicted a return to profitability from 3Q2012

The Journal of Commerceweb site
MARCH 1, 2012
  • Truck Pricing Forecast to Climb 3 to 5 Percent
    Truck pricing is expected to rise by low to mid-single digit percentages over the next year, as shippers, brokers and...
  • Intermodal Volume Slips 2.8 Percent
    Intermodal volume last week slipped 2.8 percent year-over-year to 214,402 trailers and containers while carload traffic fell 5 percent to...
  • UPS Names McCorstin to VP Post
    UPS has named Jeff McCorstin vice president of international air and ocean freight transportation services. McCorstin will succeed Bob...
  • 2 Dead, 3 Missing After Ships Collide Off India
    An "unidentified" merchant ship collided with an Indian fishing trawler early Thursday about 15 nautical miles off the country's southern...
  • House Republicans Could Cut Transport Plan to 18 Months
    When news broke that House Republicans were considering scaling back their surface transportation bill to 18 months from five years,...
  • OOCL to Boost Australia-SE Asia Rates
    OOCL says it will increase freight rates on cargo moving to Australia from Southeast Asia, including from Singapore, Malaysia, Thailand,...
  • Uggla to Fill Top Slot at Maersk Tugboat Subsidiary
    A.P. Moller-Maersk appointed Robert Uggla chief executive of its Svitzer tugboats subsidiary. Uggla is the 33-year-old grandson of Maersk McKinney...
  • Asia-Europe Spot Rates Skyrocket 88 Percent
    A key Asia-Europe freight index has soared 88 percent in the past week, boosting carriers' hopes steep rate hikes introduced...
  • Hanjin to Receive First of 13,000-TEU Ships in April
    Hanjin Shipping will take delivery on April 1 of the first of the five huge post-Panamax ships it ordered in...
  • DFDS Books Record Profit, Forecasts Tougher 2012
    DFDS grew 2011 pre-tax profit by 36 percent from a year ago to a record $133 million, but the company...
  • Seig to Head Ocean Freight at Damco
    Martin Seig has been named global head of ocean freight at Damco, the logistics and forwarding unit of A.P. Moller-Maersk....
  • Seaspan Reports Profit, Plans to Buy Back Stock
    Container ship owner-charterer Seaspan reported $35.5 million in normalized net earnings for the fourth quarter, a 31.5 percent increase from...
  • Deck Officers Plead Guilty to Charges in Rena Wreck
    The captain and navigating officer of the Rena container ship that ran aground Oct. 5 on a New Zealand reef...

Containerisation Internationalweb site
MARCH 1, 2012
  • NAFTA trade 12% up y-o-y in December
    The latest data released by the US Department of Transport's (DOT) statistics office for trade using surface transportation between the US and its NAFTA [North ...
  • SeaCube's investments pay off
    New York-based SeaCube Container Leasing has followed the sector's trend by posting much better results in 2011 than it did in 2010. In particular, the listed group ...
  • Argentina looks at banning UK imports
    The tension between the UK and Argentinian Governments over the Falkland Islands has intensified following Debora Giorgi, the latter country's Minister of Industry ...
  • Containerisation International poll: customer service a 'dirty word'
  • CMA CGM/Maersk upgrade transatlantic ships
  • ADPC takes delivery of its first gantry cranes
    The Abu Dhabi Ports Company (ADPC) has taken delivery of its first super-post-panamax ship-to-shore gantry cranes for the new port of Khalifa. A second batch of ...
  • TCB Railway takes Barcelona's rail transport to new heights
    TCB Railway increased its traffic by 21% last year, up to 93,000TEU. Further growth of 29% is expected this year, up to 120,000 TEU due to the wide range of services ...
  • Somalia conference 'failed' shipping
    That is the view of many from within the shipping industry after digesting the conclusions from the Somalia conference in London last week; although the commitments ...

TradeWindsweb site
MARCH 1, 2012
  • Zim poised to raise rates
    Israeli containership giant readies rate restoration programme in response to market turbulence.
  • USCG hauls in Morning Spruce
    Authorities blast Eukor car-carrier over 'substandard operation and condition' as inspection uncovers safety hazards.
  • GMR limps toward next phase
    Bankrupt tanker owner readies race for creditor blessing as four-week loss tops $63m.
  • Prosafe pockets more in Q4
    Oslo-listed accommodation owner turns in improved final quarter numbers but sees full year dip.
  • Wreck snags boxship
    Singapore's Akari gets stuck on uncharted sunken vessel off Hon Dau in Vietnam, port authority says.
  • Seanergy sitting pretty
    Dale Ploughman in the driver's seat as US-listed bulker owner regains compliance with Nasdaq listing requirement.
  • JES takes its time
    Singapore-listed Chinese shipyard needs longer to post annual report as it accounts for vessel delivery delays.
  • BW joins bond bandwagon
    Oslo-listed offshore owner the latest to contemplate a fundraiser via the bond market.
  • Eagle talons target Allied
    Sophoclles Zoullas at the helm as Eagle Bulk mounts legal assault against Dimitris Marinis-backed operator over unpaid hire.
  • Vernicos plots fleet growth
    Greek owner says Chinese newbuilding and another second-hand deal likely as it snaps up Svitzer tug.
  • Seaspan lifts dividend again
    New York-listed containership owner adds another 33% to its quarterly handout despite lower Q4 bottom line.
  • What TBOOK WOG means
    London appeal court makes an important ruling about tanker safety inspections and what they mean for chartering deals.
  • Drydocks World closes in
    Dubai-based yard to lay out plans for massive financial restucturing deal next week.
  • Tallink on the up
    Estonian ro-ro operator firmly in profit as passenger numbers increase.
  • Torm solution still hanging
    Danish owner loses over $400m in 2011 as annual report passes without restructuring plan.

American Shipper - Ocean newsweb site
MARCH 1, 2012
  • Asia-Europe rate increases sticking, says index
  • U.S.-flag shipowners want to haul oil reserves
  • Union asks LaHood to press UPS on fatigue rule
  • Guilty pleas in Rena grounding
  • CaroTrans starts Charleston-South Africa service
  • Rickmers expands China coverage
  • Rickmers in joint venture to move granite
  • Seaspan says it will raise dividend, buy stock
  • Zim raising Asia-Europe rates
  • U.S. truck tonnage falls 4% in January

The Bunker Bulletinweb site
MARCH 1, 2012
  • Yin and Yang of green shipping
    Singapore has shown the world that it is as committed to global environmental issues as its peers such as Hong Kong.
  • MEPC 63: Applying EEDI to existing ships firmly rejected
    IMO committee agrees it would be 'inappropriate' to apply EEDI formula to existing ships, meaning some MBM proposals will need revision.
  • Banks 'losing patience' with struggling shipping companies
    Next ten months likely to see bankruptcies and consolidation.
  • Little price movement in Fujairah
    Bunker demand in Suez 'average', a player told Bunkerworld.
  • IFO prices firming in Rotterdam and Hamburg
    Icy conditions have cleared in Hamburg.
  • Call for standard to measure hull and propeller performance gaining traction
    Some support at MEPC for developing standard which would help owners assess available antifouling coatings and other tools.
  • Torm faces an uncertain future
    Shipping group reports widening losses as a refinancing deadline passes without agreement.
  • MEPC 63: CSC outlines 'considerable' GHG reduction potential
    Improved hull and propeller performance could equal 35-50% of IMOs CO2 reduction target due to fuel savings.
  • Pressure for fuel economy driving demand for newbuilds
    Owners looking for fixed cost savings of around 30%.
  • Fuel oil stocks climb again
    Inventories at a nine-and-a-half month high.
  • IFO prices firming in Singapore
    Public holiday in Busan.
  • Berlian Laju defaults on six of its debt instruments
    Company defaults on two guaranteed convertible bonds and four Indonesian Rupiah issues.
  • 380 cSt grade deliveries 'temporarily unavailable' at Taichung
    Bunker barge responsible for deliveries of 380 cSt grade under annual maintenance, says CPC Corporation.
  • South Korean bunker stocks slightly lower in March
    SK Energy to undergo maintenance in one of its CDUs from second half of March.
  • UK-based shipper places orders for six fuel efficient Ultramax vessels
    New Ultramax bulk carriers able to carry up to 11% more cargo and consume around 13% less fuel, compared to Supramaxes.
  • Vopak 2011 net profits slightly up on year
    Generally positive outlook for products storage business in 2012 and 2013, says Vopak.
  • Americas bunker market tracks crude decline
    Prices see double digit falls.

›››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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