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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
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.
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.
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%.
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
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