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Independent journal on economy and transport policy
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BRIEFS
April 2, 2012
The Business Timesweb site
Shipping News
  • Wilbur Ross mulls over further investments in shipping
    Billionaire Wilbur Ross said he's considering further investments in shipping as financial distress within the maritime industry intensifies.
  • Baltic sea index up on higher capesize rates
    The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry commodities, rose on Friday as rates for large capesize vessels climbed for a fourth straight day on higher iron ore activity.

Sched Netweb site
  • China Cosco posts 255pc loss of US$1.66 billion, boxes lose $1 billion
  • Hutchison profits up 14pc to US$1.51 million in 2011, revenue rises 12pc
  • Asia-Europe freight rates rise again, soaring 21pc to US$1,660/TEU
  • United States manufactured durables sales increase 2.2pc in February
  • Breakbulk, general cargo resurgent, but desperate box ships want in
  • Shanxi's road transport volume hit 111 million tonnes in first two months
  • Mumbai's Nehru port reopens after government, protesters come to terms
  • Chennai port blocked, but container backlog clearance expected today
  • SinOceanic II takes delivery of 13,100-TEU ship from Hyundai Heavy
  • Prefab houses for Chinese railway builders leaves Tianjin for Ethiopia
  • China's logistics companies still face heavy pressure as demand slows
  • Singapore port authority chief looks to bright future with Panama Canal
  • Cargolux suffers 2011 net loss of US$18.3 million as revenue rises 8.4pc
  • UPS-TNT combo tops DHL, dwarfs FedEx in Europe, but not in Asia
  • Gujarat garment air exports fall, but rescued by new products: Emirates
  • American Airlines Cargo files for bankruptcy, then goes on spending spree

Exim Indiaweb site
  • A different event with the right focus
  • Capesize hire costs at 14-year low
  • CMA CGM awarded two prizes for excellent customer service
  • Hanjin Shipping announces new Europe service catering to south, east India
  • Moore Stephens warns on new trap under UK tonnage tax
  • SCI merges Europe, Med services
  • Sea Marshals first to gain new armed guard insurance
  • Ship agents under increasing pressure from telex releases
  • JN Port achieves new high of over 4.3 m TEUs in 2011-12
  • Kandla Port tops again in cargo handling
  • V.O. Chidambaranar Port begins cargo handling trials at new berth
  • Vizhinjam Seaport bid to be renegotiated
  • Exporters welcome BRICS decision to trade in local currencies
  • Forex reserves rise to $ 295.14 bn
  • Update your Data on Foreign Trade Policy, Customs Law & Exchange Control Regulations-Part-4
  • A. S. Shipping Agencies appointed new CEE network member in India
  • Fairstar Heavy Transport contracted to provide services for Chevrons Nigerian project
  • Project cargo training helps with succession planning

International Transport Journalweb site
MARCH 30, 2012
  • Air Namibia postpones regional service launch
    The southern African carrier Air Namibia has postponed its planned service resumption on the Windhoek - Harare (Zimbabwe) route and the new service launch on the Windhoek - Gaboron...
  • JAL Cargo fuel surcharge from April
    With effect from 1 April 2009, the Japanese airline JAL has been adjusting its cargo fuel surcharge levels on a monthly basis by using the one-month average fuel price of Singapore...
  • LH Cargo to add Montevideo to its network
    The German carrier Lufthansa Cargo offers flights to 303 destinations in 99 countries. New in the cargo carrier's global network is the Chinese metropolis Chongqing. Kolkata (Indi...
  • GM award for Grimaldi Group
    The Italian carrier Grimaldi Group has been recognised by the US-based car manufacturer General Motors as a 2011 world class automotive supplier of the year. Grimaldi was chosen ...
  • Canadian Government to invest in Montreal and St Lawrence
    Denis Lebel, the Canadian minister of transport, infrastructure and communities, has announced that his country's federal government will invest in the enhancement of the container...
  • New centre of excellence for MAN vehicles in Central Switzerland
    The German vehicle manufacturer MAN recently opened its new centre of excellence in Emmen (Switzerland), following a two-year planning and construction period. Inspection lanes, di...
  • PCC Intermodal received the AEOS certificate
    The Polish transport service provider PCC Intermodal has received the authorized economic operator/security and safety certificate (AEOS). This certification is an important asset ...
  • Online Systemlogistik collaborating with OneExpress
    The German forwarding alliance Online Systemlogistik für Spedition & Service GmbH has set up an alliance with OneExpress Italia SpA. The latter forwarding collaboration operate...
  • SBB Cargo: 2011 results
    The Swiss railfreight service provider SBB Cargo posted a loss of CHF 55 million in 2011, and saw its transport performance slip by 5.8% to 12.346 billion ntkm. At a press conferen...
  • Osec names new head of communication and marketing
    Osec, Switzerland's trade promotion network, has appointed Bianca Rühle-Heeb as head of its communication and marketing division. She will take up her tasks in mid April, replacing...
  • SASI with two new appointments
    Strategic Aviation Solutions International (SASI) has appointed two new senior advisors to the company. Uwe Beck, senior advisor property and facilities, was responsible for leadin...
  • Kerry Logistics reports strong growth in turnover and profits in 2011
    Kerry Logistics reported a 47% increase in turnover to HKD 16.034 billion (USD 2.061 billion) and boosted its net profit by 11% to HKD 740 million (USD 95 million) in 2011, excludi...
  • Ceva Logistics announces two year contract renewal with Renault in Brazil
    Logistics and SCM specialist Ceva Logistics has signed a two year contract extension with Renault in Brazil for the receipt, storage and consolidation of automotive parts for expor...
  • Agility obtains good distribution practice certification in Ireland
    The global logistics service provider Agility has obtained good distribution practice (GDP) certification for its pharmaceutical competence centre (PCC) in Ireland. The certificate...

Marine Logweb site
MARCH 30, 2012
  • Azamara Quest arrives in Sandakan, Malaysia, under own power
  • Giant ice-class AHTS on sea trials following completion by Chouest
  • Ingalls Shipbuilding gets $76 million to buy materials for seventh NSC
  • Former Vinashin chief gets 20 year prison sentence
  • Corvus batteries chosen for Europe's first hybrid tugboat

World Wide Shipperweb site
MARCH 30, 2012
  • Port of Bellingham warns public to stay clear of Squalicum Harbor fire
  • Weekly rail freight traffic delivers up/down numbers
  • Three parties pre-qualify for Panama Canal bridge project
  • Maersk Line announces plans for Asia/US general rate increase
  • Crowley works new contract with Puerto Rico Teamsters

Lloyd's Listweb site
MARCH 30, 2012
  • Britain remembers vital role of shipping in Falklands War
    Merchant fleet critical to 1982 conflict
  • Atlantic Conveyor loss a serious blow
    Master awarded posthumous DSC
  • Damco system irons out purchase order wrinkles
    Damco says its Dynamic Flow Control can offer 'significant' savings by making it simpler to update purchase orders and optimise container fill rates
  • It's the meaning that matters
    We have sustainable fishing and sustainable ship technology, but do we have a financially sustainable industry?
  • NY-NJ cost-cutting targets non-union benefits
    Savings pegged at $41m through to end-2013
  • VLCC earnings reach highest levels since February 2011
    But can Middle East-Asia spot prices top $50,000 a day?
  • Nordic Tankers' fleet sale to spark consolidation
    Industry sees arrival of new 120-ship chemical tanker entity as smaller companies struggle to survive
  • Snake oil or solution?
    Scepticism about overhyped technologies can become a Luddite refusal to change
  • Cosco still upbeat after heavy loss
    Chinese shipping conglomerate talks about acquisitions and attacks Vale over giant vessels
  • Exmar orders eight medium LPG carriers
    Company opts for hi-spec 'green' vessels
  • Suez terminal hit by go-slow
    Action by 800 workers over benefits disrupts operations at Port Said hub
  • Capesize owners anchoring for better days
    Week ahead will be slow, affected by Easter and Chinese holidays
  • Seaborne coal trade will top 1trn tonnes by 2016
    Macquarie outlook bullish despite rising Chinese and Mongolian output
  • Diana snaps up seven-year-old panamax for less than $21m
    Confirmation of Mining Star deal comes a day after ice-class vessel orders
  • HHLA forecasts 5% growth
    Terminal operator predicts rise in box handling above market average
  • MPC Capital back in the black
    Restructured KG house makes €1m profit as it negotiates new finance deal with banks
  • Evergreen in $105m yearly loss
    Negative result follows 12% drop in operating income
  • EU funding to aid BCT expansion
    Project will increase box capacity at Polish port by 60% in three years
  • Faint whiff of optimism
    While many owners still face financial difficulties, there is hope for the future of environmental technologies
  • Attica flags up bank talks after latest loss
    Fuel costs and diminished traffic continue to bite Greek ferry lines
  • Adani Ports gets $1.2bn refinancing loan
    Money from Australian and Asian lenders will refinance bridge loan for Abbot Point coal terminal
  • Cosco shocker
    China's biggest shipping company needs to explain how it will make money this year
  • GasLog completes IPO at $14 a share
    Despite modest debut LNG offering gives NYSE cause for cheer
  • Sanko Steamship grasps three-month lifeline
    Shipowner forced to sell vessels as creditors freeze debts repayments

Fairplayweb site
MARCH 30, 2012
  • Damen taking over SOBRENA
    THE DUTCH shipbuilding and repair group Damen told Fairplay this afternoon its bid for leading French ship repairer SOBRENA had been accepted by a court in Brest
  • Hamburg approves €420M Hapag investment
    HAMBURG's state parliament has approved a €420M ($560.82M) investment in box giant Hapag-Lloyd
  • More strength seen for vehicle carriers
    THE CAR carrier business is outperforming most shipping sectors these tough times, and its short-term outlook looks brighter still, RS Platou Markets said
  • Victims' relatives settle
    RELATIVES of five Indian fishermen who were killed in a collision with a bulker told Kerala High Court today they have agreed to a settlement
  • Indian court clears sailing of ship in slayings
    A TANKER from which the shots were allegedly fired that killed two fishermen has been conditionally released by an Indian court
  • GSI's profits fall
    CHINESE shipbuilder Guangzhou Shipyard International today announced a 38% drop in profits for 2011
  • China COSCO unveils deep losses
    THE BOX shipping, logistics and drybulk giant China COSCO Holdings has reported deep losses for 2011
  • Lingering oversupply seen
    A REPORT from a ratings agency has warned that shipping worldwide can expect oversupply pressures until at least 2014, plus a growing credit squeeze that hampers lending
  • Box alliances could mitigate ULCS threat
    BOX CARRIER alliances could mitigate the threat of overcapacity on Asia/Europe box trades, Credit Suisse has predicted
  • Box giants risk negative cashflow
    MAJOR box carriers could resort to more secondary offerings in equity markets, warned shipping analyst Janet Lewis
  • Asian IPOs exceed 2008 totals
    IPO TOTALS for Asian shipping groups have risen steadily since the financial crisis struck in 2008, a Standard Chartered Bank report has found

The Journal of Commerceweb site
MARCH 30, 2012
  • Family Dollar to Increase Inventory 20 Percent
    Family Dollar Stores' plan to increase inventory up to 20 percent by adding new products and opening up to 500...
  • FMCSA Closes Unsafe Utah Trucking Firm
    Federal regulators shut down trucking firm Reliable Transportation, citing the carrier and its owner for "countless" violations of driver work...
  • China Merchants Profit Drops 5.2 Percent
    China Merchants Holdings reported a 5.2 percent year-over-year drop in net profit for 2011 even as the volume of containers...
  • Drewry Questions Whether Rate Increases Will Hold
    Although spot freight rates on the Asia-Europe and trans-Pacific trade lanes have risen dramatically as a result of the general...
  • Protests at India's Port Nehru End
    India's Port of Jawaharlal Nehru (Nhava Sheva) resumed operations on Thursday night following the end of a three-day campaign of...
  • ILA, USMX Exchange Contract Proposals, Express 'Optimism'
    The International Longshoremen's Association and its East and Gulf coast employers exchanged initial contract proposals and expressed optimism about reaching...
  • Expeditors' Rose Denies Price-Fixing Allegations
    Expeditors International of Washington "vigorously denied" price-setting allegations that resulted in a $5.5 million fine from the European Commission. ...
  • Hapag-Lloyd to Hike India-US Rates
    Hapag-Lloyd will impose a general rate increase on all cargo from the Indian Subcontinent to the U.S. and Canada, starting...
  • Kerry Logistics Profit up 11 Percent
    Kerry Logistics booked substantial growth in turnover and profit last year as its investments in China and Southeast Asia started...
  • Delaware Truckers Charged With Shipper, Tax Fraud
    Two trucking company owners already charged with defrauding a shipper customer now face charges that they tried to scam the...
  • Air China and Cathay Pacific Increase Cooperation in Shanghai
    Air China and Cathay Pacific are extending their cooperation by establishing a joint venture ground handling company in Shanghai. ...
  • Maersk to Clear Backlogs, Raise Rates on North Europe-Asia Services
    Maersk will clear backlogs on North Europe-Asia services by early May and introduce a new general rate increase from the...
  • NY-NJ Port Authority to Create Single Security Department
    The Port Authority of New York and New Jersey will consolidate all its security functions into a new department as...
  • China Cosco Reports $1.66 Billion 2011 Loss
    China Cosco Holdings swung to a full-year net loss of $1.66 billion in 2011, according to Chinese accounting standards, because...
  • Nippon Express Buys US Logistics Firm AGS
    Nippon Express Co., Japan's largest international freight forwarder, said that it has acquired a 100 percent stake in U.S. logistics...
  • Challenges Mount in Trans-Atlantic Shipping Lanes
    The trans-Atlantic trade, long the most stable of the east-west shipping markets in terms of freight rates and vessel capacity,...
  • Port Development: Baltimore's Inside Track?
    The Port of Baltimore, despite being on the doorstep of one of the world's wealthiest consumer markets, has struggled to...
  • Infrastructure Investment: The Long View
    At the risk of trying to make sense out of nonsense, here's a question: When Congress and the administration cite...
  • MOL Expands Africa-Asia Shipping Services
    MOL will expand its container shipping services between Asia and Africa with a new route next month. The company's...
  • PSA Sees Profits Fall Despite Global Volume Growth
    Singapore's PSA Group recorded a 3.7 percent drop in profits last year despite volumes handled at its global portfolio of...

Containerisation Internationalweb site
MARCH 30, 2012
  • PSCCHC facility offers increased draft
    Port Said Container and Cargo Handling Co [PSCCHC] the state-controlled operator of the container terminal in West Port Said, has announced that its quayside draft ...
  • Samskip adds Norwegian port to its portfolio
    Multimodal container logistics operator, Samskip, has added the Norwegian port of Flekkefjord, to its offering on the weekly NWC [Norwegian West Coast] to Rotterdam ...
  • HHLA still keeping shareholders happy
    Hamburg's largest stevedore Hamburger Hafen und Logistik AG (HHLA) made another healthy profit last year, underlining the very favourable conditions of the container ...
  • HPH shows resilience in 2011
    Hong Kong-based Hutchison Port Holdings (HPH), the world's largest operator of container terminals, revealed the continuing resilience of this business sector as ...
  • CMHI posts healthy results for 2011
    China Merchants Holdings International (CMHI) saw revenue port operations grow in 2011 on the back of a rise in cargo handled and the 'nurturing of new profit growth ...
  • COSCO at top of red ink list
    China COSCO Holdings has plummeted into the red for 2011 with a huge net loss of USD1.4 billion. This compares to a 2010 profit of USD1.3 billion. Revenue plunged ...
  • DP World expects EBITDA margins to continue improving
    Speaking at the annual results announcement yesterday, DP World chairman, Sultan Ahmed bin Sulayem said he was confident that operating margins at the port operating ...
  • Maersk asks its North European clients to pay more
    But that is not until Europe's shippers are able to book their cargo with the Danish carrier again after its immediate 'booking stop' imposed last week.Indeed, ...
  • ZIM Line sees recovery ahead
    Israel's flag carrier, ZIM Line, has posted a thumping loss for 2011 but pointed to a 'discernable' recovery in the market supported by increased freight rates' ...

TradeWindsweb site
MARCH 30, 2012
  • Bodouroglou's battle cry
    Paragon CEO says unbalanced relationship between owners and charterers is a major threat to industry's long-term health.
  • Arctic joins DSX fuel debate
    Norwegian equity guru praises fuel-efficient bulker newbuildings on the heels of Diana Shipping's spending spree.
  • Grand China burns TMT
    Nobu Su-backed VLOO owner storms New York court with million-dollar claim against "cash starved" Asian operator.
  • Cantor exits shipping
    New York firm chops maritime banker Geoff Martin only days after seeing off analyst Natasha Boyden on march out of sector.
  • GasLog down on NYSE debut
    Shares in Wall Street newcomer follow a familiar pattern as they slip below the curtailed offer price.
  • River Princess going slowly
    Bulker stuck on Goan beach for 12 years is finally being dismantled.
  • Platou sounds capesize alarm
    Wave of bankruptcies a danger if rates do not pick up, RS Platou Markets says.
  • Falcon's wings clipped
    Vietnamese bulker arrested at port of Paradip in India over unpaid fuel bill.
  • Diana strikes again
    Bulker binge tops $78m as Simeon Palios-led shipowner pounces on a third panamax in less than two days.
  • Sietas sell-off gains pace
    Sale of long-established German shipbuilder steps up a gear as receiver talks to prospective buyers.
  • Subsea 7 wins SURF gig
    Kristian Siem's offshore owner adds $175m to its coffers with another North Sea contract.
  • Sincere slides
    Taiwanese bulker owner records 2011 earnings fall as operating costs rise.
  • Recruiting the right stuff
    Searching for brokers, commercial mortality, talking nonsense BP style and cordon bleu feasting in a pirate camp.
  • Farstad returns to STX OSV
    Karl Johan Bakken-led offshore owner to pay over $200m for two more AHTS ships.

American Shipper - Ocean newsweb site
MARCH 30, 2012
  • Maersk announces booking stop to Europe
  • U.S. finds China subsidizes solar panel exports
  • Pirate ransom ban could endanger crews
  • Hanjin plans 2 new TP services
  • U.S. politicians weigh in on port labor situation
  • Bank of America launches supply chain portal
  • Official U.S. ballast rule to be released Monday
  • COSCO/Hanjin start new Asia-US Gulf service
  • EU hammers forwarders in fixing case
  • LeanLogistics software promotes 'green' actions

The Bunker Bulletinweb site
MARCH 30, 2012
  • Bunker prices fall as week ends
    Trading was quiet on the US Gulf, local players told Bunkerworld.
  • Dan-Bunkering to expand into the Americas
    New Houston office will be led by Hans Lind Dollerup.
  • Risler Bunkering closed for holiday
    Employees will be contactable on their mobile phones.
  • Prices falling across the board
    Average demand in Hamburg.
  • CEPSA reshuffles management, traders
    A number of changes in management at CEPSA Marine Fuels as part of global restructuring.
  • Prices falling in Fujairah
    Good demand and avails reported in Middle East hub.
  • Oil terminal will make Cyprus an 'energy trading hub'
    Work on Vassiliko terminal to begin 'almost immediately'.
  • Bunker suppliers seeing 'critical vendor' status challenged
    Lawyers panel warns that US bankruptcy courts no longer giving priority to bunker debts.
  • More bunker grades could trigger insurance claims
    Association of marine insurers 'paying close attention' to impact on engines.
  • NYK Line receives certification for latest revision of SEEMP
    SEEMP certification in compliance with latest IMO guidelines adopted by MEPC 63.
  • Bunker prices falling in key Asia markets
    Good supplies of marine fuel at major Asian ports sufficient on Friday.
  • Gas shipping firm orders environmental friendly LPG newbuilds
    Vessels to include LNG/LPG bunker fuel tanks, scrubber and ballast water treatment systems.
  • Sulphur regulation to change 'character' of bunker industry
    LNG 'answer' to meet challenges faced by ship operators, says GL-Futureship Vice President.
  • Tanker firm orders vessel efficiency management software
    NAPA-DSME Power software able to save up to 5% of a tanker's fuel costs, says maritime software firm.
  • 'Significant' increase in bunker costs puts pressure on China Cosco
    The Hong Kong-listed firm swings to loss in 2011 as bunker costs increase by 34.9%.
  • Indian shipping companies 'planning' to increase freight rates
    Due to increase in fuel costs and reduced revenues, says India's Union Minister of Shipping.
  • Oil recovery system to be marketed in China
    Chinese market 'now mature' to undertake the maritime passive safety technology, says Chinese firm.

›››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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