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BRIEFS
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
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 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.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
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