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Independent journal on economy and transport policy
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BRIEFS
April 3, 2012
The Business Timesweb site
Shipping News
  • Stricken cruise ship arrives in M'sian port safely
    A luxury cruise ship with 1,000 people on board that was stranded for 24 hours after a fire arrived at a Malaysian port late on Sunday, a maritime official said.
  • Carnival cruise ship released from Texas port
    A Carnival Corp cruise liner was released to sail from a Texas port by a US judge who ordered it seized on March 30 in a lawsuit over a death in the Costa Concordia shipwreck off Italy.
  • Indebted Torm fails to raise capital: report
    The future of indebted Danish shipping company Torm looks set to be determined by its banks after talks over a capital injection collapsed on Friday, the Financial Times said.
  • Iraq working to defuse Hormuz
  • Low water levels hamper Rhine river shipping
  • Malta delists Iranian tanker carrying Syrian crude

Sched Netweb site
  • Losses hit big Taiwan box lines, but Wan Hai makes money closer to home
  • Somali pirates agree to release 1,066-TEU ships' crew for US$2.8 million
  • Optimism returns to Long Beach, busy peak seasson expected in 2012
  • India court orders shipowner to pay kin US$196,552 after ship collision
  • Colombo's state-run terminal hits record highs in 2011 at 2,299,446 TEU
  • BIMCO draughts standard contract for employing armed guards on ships
  • Maimex-Beretti tie-up accents door-to-door solutions for fashion shippers
  • Air China Cargo expands routes while rival carriers downplay freight
  • Volga-Dnepr pitches in to rebuild Honda assembly plant after Thai floods
  • Kuehne + Nagel launches innovative air freight service for pharma products

Exim Indiaweb site
  • CMA CGM, MSC & CSAV in joint north Europe-East Coast South America service
  • Hapag-Lloyd to levy north Europe-Far East bunker surcharge from April 16
  • Maersk adds Hamburg to its AE-6 Far East service
  • MOL expands South Africa coverage
  • MSC takes delivery of large capacity vessel for Asia-Europe service
  • NSCSA inks contract with Qatar Aluminium Co.
  • NYK's Ship Energy Efficiency Management Plan first in world to be certified
  • Port of Hamburg berths first vessel of BBC Chartering's new Europe-Asia service
  • Refineries ask Iran to bear insurance risk amid sanctions
  • Shreyas Shipping CFO recognised for cost management
  • Tanker earnings weaken
  • WCA Family Week Conference sets attendance record
  • Pak notifies negative list for trade with India
  • Amsterdam Metropolitan Area delegation visits JN Port
  • Ban on pulses exports to stay; two varieties exempted
  • Govt directive on EIC could hamper seafood exports
  • State budget allocates around '750 cr. for Mumbai water transport project
  • Steel imports to cost more
  • China eases checks & balances on foreign capital

International Transport Journalweb site
APRIL 2, 2012
  • FedEx opens new offices in USA
    US-based FedEx Corporation reported that its freight forwarding unit FedEx Trade Networks has opened three new US offices as part of an ongoing expansion programme. The new premise...
  • Opening of first duty-free reefer depot
    Decoexsa Maroc, a leading Moroccan groupage haulier, has announced the opening of a temperature-controlled facility within its duty-free depot in Casablanca in May. The capacity wi...
  • APM Terminals in implementation phase for Moin Container Terminal
    APM Terminals' Moin Container Terminal (TCM) concession agreement with the Costa Rican government has received final endorsement from the country's comptroller general office. With...
  • Korean boosts cargo customer base for Swissport in Amsterdam
    Swissport International, one of the world's leading providers of ground services for the aviation sector, has won a significant new customer at Amsterdam Schiphol airport in the sh...
  • Japan and Sri Lanka ink open-skies agreement
    Japan and Sri Lanka have concluded a revised bilateral air service agreement, which includes an open-skies deal, starting in 2013. With respect to cargo transport, the main highlig...
  • Dubai reports volume upturn in February
    Dubai international airport's freight volumes witnessed an upturn after months of flat growth, according to the monthly traffic report for February issued by Dubai Airports. After ...
  • DST gains furniture maker blueroom as new customer
    DST m'bel mobil, based in Rekingen (Switzerland), has gained a new customer in the shape of blueroom Kindermöbel. DST will manage the central warehouse, pick inbound orders and org...
  • InterRail intensifies cooperation with China Railway International Multimodal Transport
    InterRail Trans Siberian Express Ltd, a subsidiary of Switzerland-based InterRail Holding AG, has signed an agreement with China Railway International Multimodal Transport (CRIMT) ...
  • P&O Ferrymasters set to expand its key Benelux-Finland business
    P&O Ferrymasters is set to expand its key Benelux-Finland business after signing an exclusive agency agreement with Finland-based Greencarrier Freight Services, a member of th...
  • First Scania euro 6 trucks now being registered
    The EU Commission's euro 6 emission regulation was recently adopted, making it possible to register heavy vehicles according to the new standard. The Swedish vehicle manufacturer S...
  • ID Logistics newly listed on the stock exchange
    The French logistics company ID Logistics, which has grown strongly and consistently in Europe since it was founded in 2002, recently completed its initial public offering. The ser...
  • U-Freight partner Tracosa Aduanas gains AEO status in Spain
    Tracosa Aduanas, the Spanish independent freight forwarder and agent of the U-Freight Group (UFL), has become an authorised economic operator (AEO) in the customs simplifications c...

Marine Logweb site
APRIL 2, 2012
  • Seadrill subsidiary places $568 million semi order at Jurong
  • Trailer Bridge sails out of Chapter 11 bankruptcy
  • Bath Iron Works faces $171,300 in proposed OSHA fines
  • Kvichak to build two fish transport vessels
  • Detyens Shipyards awarded $8.1 million MSC drydocking contract
  • Bergen Group Fosen awarded further OCV contract by Volstad Maritime
  • OW Bunker to launch U.S. operations
  • American Club alert warns of California ban on vessel sewage discharge
  • Wärtsilä Hamworthy wins third Höegh LNG regas technology contract
  • Keppel AmFELS wins $205 million repeat order from Mexico

World Wide Shipperweb site
APRIL 2, 2012
  • Two persons believed dead from Bellingham boathouse fire
  • Hamburg Sud christens new 7,100 teu box ship
  • Container group calling for Connie Award nominations
  • NYK ship management plan meets new IMO standards
  • Evergreen Shipping Agency taps Amalfitano as president

Lloyd's Listweb site
APRIL 2, 2012
  • Shipping's matchmaker
    Capital Link's Nicolas Bornozis brings together investors and owners
  • Substance before style
    Logistics needs a little more customer focus, a little less preoccupation with its image
  • VLGCs fixed with discharge options
    Oversupply in Middle East Gulf due to falling Iranian LPG exports
  • Crowley keeps shipyards guessing on boxship orders
    US company eyes newbuildings for domestic and foreign trades
  • K Line capesize sells for further trading at scrap value
    Bulker, 16, sells for $500,000 above demolition price
  • Valencia in ambitious mood
    Spanish hub aims to become 'Europe south gate' for Asian goods by exploiting rail link
  • Shipping to compete for diesel fuel
    Calls to match land transport requirements could ease supply fears
  • Flux Drive wins award
    Innovative fuel-saving system hailed as valuable contribution to green ship technology
  • Fuel efficiency counts for charterers
    Naive to think cargo owners have no interest in fuel bills, says Cargill's
  • Surging bunker prices boost interest in alternative fuels
    Industry joins forces to back research into new energy sources
  • Sewage discharge banned in California waters
    American P&I Club alerts members to new rule
  • Drydocks World presses on with debt restructuring
    Decree 57 allows Dubai yard to proceed without unanimous creditor support
  • Somalia divided over EU move to fight piracy on land
    Critics say move will drive gangs to support Al-Shabaab
  • DFDS military newbuildings delayed at P+S Werft
    Delivery of ro-ro vessels was expected in early 2012, but will now be in the latter half of the year
  • Fall in Indian steel prices hits Alang demand
    Rates paid by breakers slip week on week as currency fluctuations and ample tonnage add to weakened sentiment
  • Minoan posts $52m loss
    But giant Adriatic cruise ferries boost revenues
  • Navios buys NewLead handysize
    Frangou counts cash flow gain as compatriot continues to downsize
  • Tanker Pacific snaps up fresh bargain
    Reports say LR Torm Ugland sold for $23m
  • Sanko sell-off saga continues
    Distressed shipowner to sell 27 ships in restructuring deal
  • PMSC vetting reveals lack of awareness
    Security firms failing to grasp importance of showing due diligence
  • NOL scraps bond plan
    Weak market a setback for Singapore box carrier
  • Jones Act here to stay
    US cabotage remains off-limits to outsiders
  • PSA Group reports 4% drop in profit
    Fall belies growth in revenues and box volumes
  • Yang Ming dips into the red
    Bunker and operating expenses scupper Taiwan boxline's profits
  • CSA urges China shipowners to seek government aid
    Owner lobby calls for collective rate setting
  • Ex-Vinashin boss jailed for 20 years
    Guilty verdict for eight other former managers ends Vietnam court case
  • DHT launches $80m rights issue
    Private equity player Anchorage Capital invests $7.5m and pledges to buy shares that go unpurchased from the remaining $72.5m
  • Bankrupt shipbuilder Sietas set for sale
    Several parties interested in the group plus strong interest in repair yard and crane maker, says administrator
  • Italian court reduces DSV fine
    Penalty linked to takeover of ABX Logistics
  • MOL predicts smaller loss
    But Japanese shipowner still sees worst performance since its founding

Fairplayweb site
APRIL 2, 2012
  • Navios buys bulker
    NAVIOS Holdings said today it has acquired the 2011-built Handysize bulker Navios Serenity for $26M
  • Smuggled chemicals seized
    POLICE in Guatemala have seized $6M worth of precursor chemicals for making drugs smuggled by ship from China, IHS Global Insight reported today
  • Another key box rate rise sought
    CONTAINER rates for Far East/Europe routes could be headed up again in May
  • Oz strife sparks force majeure
    THE BHP Billiton-Mitsubishi Alliance told Fairplay today it has declared force majeure
  • Iran aids Syria with tanker
    TEHRAN is reportedly helping Damascus defy Western sanctions by providing a tanker to transport Syrian crude to China
  • Carnival ship released
    A CARNIVAL cruise ship has been released to sail to the Yucatan after being seized last week in Galveston
  • Drydocks World move pressures its creditors
    DRYDOCKS World said today it has filed for insolvency protection to encourage holdout creditors to sign on to its $2.2Bn restructuring proposal
  • China's iron trading net adds Rio Tinto
    RIO TINTO has joined fellow Australian miner Fortescue in the new China Beijing International Mining Exchange, China's first iron ore trading platform

The Journal of Commerceweb site
APRIL 2, 2012
  • Diesel Prices Fall for First Time in 10 Weeks
    Diesel prices across the U.S. fell for the first time in 10 weeks in the week ending April 2, dropping...
  • Freight Growth Sluggish, OECD Says
    Global freight volume remains below pre-recession levels in the U.S. and Europe, but is showing strength in developing economies, according...
  • Livingston Acquires JPMorgan Chase's Trade Business
    Customs broker Livingston International has completed its acquisition of the customs and trade compliance services of JPMorgan Chase's Global Trade...
  • ICTSI to Buy Stake in Karachi Terminal
    Philippine terminal operator International Container Terminal Services is buying a minority stake in a terminal in Pakistan's largest port, Karachi....
  • Trucking Demand Steady, Says FTR Associates
    Warmer than typical winter weather helped hold demand for trucking steady in February, typically a slack month for motor carriers,...
  • West Coast Container Volume Drops 4 Percent
    Container volumes at West Coast ports declined 4 percent in February compared to the same month last year, due to...
  • Amalfitano Named President of Evergreen's North American Agency
    Roy Amalfitano has been named president of Evergreen Shipping Agency (America) Corp., North America agents for global ocean carrier Evergreen...
  • Echo Global Logistics Expands in Arizona
    Echo Global Logistics is expanding its offices in Arizona to accommodate the addition of employees through the acquisition of Advantage...
  • Trimac Acquires Stake in Fortress Trucking
    Canadian bulk trucking giant Trimac acquired a 60 percent stake in Fortress Trucking for about $4.4 million, the $334 million...
  • Evergreen Swings to 2011 Loss
    Evergreen Marine swung to a $105 million net loss last year as weak rates plunged the company into red ink...
  • US Factory Activity Expands
    U.S. manufacturing expanded in March for the 32nd consecutive month, according to the Institute for Supply Management. The ISM's...
  • Maersk to Boost Rates From Asia to US
    Maersk has continued its global round of freight rate hikes by boosting levies on its services into the U.S. ...
  • MOL Faces Unprecedented Challenges, Company President Says
    Japanese shipping giant MOL believes the current cross-sector shipping recession is without historical precedent. Speaking Monday to mark the...
  • Honda to Export US-Made SUVs Through Jacksonville
    The Port of Jacksonville will handle exports of the new 2012 Honda CR-V that is being manufactured at the Honda...
  • Dubai, Louisville Advance in Air Cargo Rankings
    Dubai and Louisville were the major movers last year among the world's top 20 busiest international cargo airports, according to...
  • Italy Reduces DSV Antitrust Fine
    DSV said Italian trust busters reduced a fine related to the Danish trucking and logistics company's acquisition of ABX Logistics...
  • China Shipping Posts $428 Million Loss
    China Shipping Container Lines said weak rates and high fuel costs contributed to a net loss of 2.74 billion yuan...
  • TNT Express: Weak European Economy, Pricing Pressure Hit Results
    TNT Express, the Dutch parcel delivery company being taken over by UPS, said "mixed" economic conditions in Europe and slowing...
  • February Container Imports Down 5.8 Percent
    U.S. containerized imports declined 5.8 percent in February, the first year-over-year drop in four months, PIERS data show. Journal...
  • Hamburg Lawmakers Approve Increased Hapag-Lloyd Stake
    Hamburg lawmakers approved a $562 million investment in Hapag-Lloyd that makes the city state the biggest shareholder in the German...
  • Hamburg's HHLA Eyes 5 Percent Box Growth in 2012
    HHLA, Hamburg's biggest stevedore, said it expects to boost its container traffic by 5 percent in 2012 and take market...
  • ILWU to ILA: 'We have your back'
    When the president of the West Coast dockworkers' union pledged full support to the International Longshoremen's Association in this year's...
  • Damaged Freight: Settling a Dispute at the Origin
    Q: We made a shipment under free-on-board-origin, freight-prepaid terms to one of our customers, applying pricing from our customer's contract...
  • CEVA Looks to a New Century
    As multinational companies pursue global expansion strategies, their key 3PLs are expected to expand with them. 3PLs, in turn, must...
  • 3PLs Build Platform for Growth
    Economic uncertainty, natural disasters and fast-changing consumer markets are forcing third-party logistics providers to rethink their global expansion strategies. As...
  • FedEx Freight Makes Profit a Priority
    Delivering an annual profit this May is the top priority for FedEx Freight, which lost money in its fiscal third...
  • Waterfront Commission Report Adds Fuel to ILA Fire
    Stories of mob connections, excess staffing and $400,000-a-year dockworker pay at the New York-New Jersey port got a fresh airing...
  • US Footwear Importers Walking Away From China
    For the past decade, importers of footwear had a basic sourcing philosophy: China first, China only. Rising production costs and...
  • Building Confidence in Europe
    When Maersk Line shocked the maritime world in late March by suspending bookings in its North Europe-Asia service, it highlighted...
  • Transportation Policy: Shooting for the Moon
    Feb. 20 marked the 50th anniversary of John Glenn's launch into space and the three orbits he took around earth...
  • Captive Shippers May Not Get Hoped-For STB Relief
    Shippers challenging high rail rates will likely learn the only thing more enduring than railroads' pricing power is federal agencies'...
  • Time Running Out in Congress for Highway Bill
    Congress has a knack of making cynics into realists. Fears that the push for a transportation bill would dissolve into...

Containerisation Internationalweb site
APRIL 2, 2012
  • NOL aborts securities plan
    Singapore-based NOL, which owns the liner shipping and logistics group, APL, has pulled a capital fund raising exercise less than a week since it was launched. ...
  • SA's fruit export industry under threat
    Justin Chadwick, chairman of Fruit South Africa (FSA), believes that the future of the country's fruit export industry is under threat. In an open conference letter, ...
  • Ports of Auckland forced into climb-down
    An amazing volte-face by the Ports of Auckland [PoA] management on Friday - just ahead of an Employment Court hearing - means that port workers will be allowed ...
  • Taiwan trio fall down in 2011 finances
    Taiwan's trio of main carriers - Evergreen, Yang Ming and Wan Hai - have followed other liner companies and have seen their finances slump for 2011.Evergreen's ...
  • MOL: forecast of 'largest loss in history'
    MOL president Koichi Muto took the opportunity on the 128th anniversary of the founding of the company to warn that the Japanese carrier is facing the 'largest ...
  • Significant drop in inactive box tonnage
    The inactive containership fleet has shrunk by 146,000 TEU over the past two weeks, representing a 20% decrease to 565,000 TEU, according to the latest inactive ...
  • MOL to join ASA service to target China/South Africa market
    Mitsui OSK Lines (MOL) is to join up with fellow Japanese liner services company K Line, and its partner Pacific International Lines (PIL) in a move that is designed ...
  • PSA: we will continue to invest
    Despite a challenging year just gone and an uncertain outlook for 2012, Singapore-headquartered port operator, PSA International's group ceo, Tan Chong Meng, has ...
  • More action in Poland
    ICTSI's subsidiary Baltic Container Terminal in Gdynia (Poland) has obtained a grant of PLN53.8 (USD17.3) million from the EU to subsidise part of its PLN153 (USD49.2) ...

TradeWindsweb site
APRIL 2, 2012
  • Market mixed on tanker tips
    Crystal ball cracks as Deutsche Bank warns investors against loading Easter basket with tanker stocks despite rate rally.
  • Galbraiths inks alliance
    UK shipbrokerage joins forces with Shiplinks in an attempt to cash in on burgeoning Indian chartering market.
  • DeOrchis abandons ship
    Montgomery McCracken denies talk that DeOrchis & Partners closed its doors after poaching New York firm's name partner.
  • Winland dodges deficit
    OTC-quoted bulker owner in the black and ready to pounce on distressed assets but liquidity is still a concern.
  • Bharati wins debt deal
    Domestic banks agree two-year repayment halt and will convert 10% of yard's loans to equity.
  • Malta delists Iran-linked tanker
    Suezmax accused of carrying Syrian oil is owned by company on US sanctions black-list.
  • Volstad Maritime back again
    Terje Arnesen-led shipbuilder gets its eighth newbuilding order from Norwegian shipowner and its second in as many months.
  • CSCL parent doles out funds
    Hong Kong-listed containership giant gets loan from its largest shareholder to ease liquidity woes.
  • Navios buys NewLead ship
    Angeliki Frangou-led owner mops up chartered handysize with the aid of a new syndicated loan.
  • Concordia set to be refloated
    Costly plan to remove tragic cruiseship makes salvage and repair a more likely option.
  • Keppel wins Mexican rig deal
    Singapore-listed powerhouse will build a fourth rig for Perforadora Central.
  • MOL trims record loss tip
    Japanese owner will still post worst result in its history despite president's slightly improved view.
  • Yang Ming back in the red
    Taiwanese container line endures tough loss-making year as revenue slips and costs jump.
  • Siem extends seismic vessel
    Terje Sorensen-led outfit to rake in $45m from charter of survey vessel to Fugro for six years.
  • ITCM takes Clarksons duo
    Alexandros Koutalianos-led broking shop swells S&P team with the capture of Costas Hardalis and Alex Doulakis.
  • NOL pulls bond issue
    Singapore liner company blames market uncertainties for decision to cancel fund raising exercise.

American Shipper - Ocean newsweb site
APRIL 2, 2012
  • Zim loses $276 million in 2011
  • India ports hampered by strikes
  • TP Pulse: Asia-US rate increases in March stuck
  • MOL braces for record loss
  • Maersk/MSC raising Asia-Europe rates
  • Agility focusing on commercial business
  • Reps introduce waterways funding bill
  • Logica secures $33m Aussie rail deal
  • Livingston International secures new customs, trade services
  • Thailand industry seeks better rail

The Bunker Bulletinweb site
APRIL 2, 2012
  • Prices firmer in Fujairah
    Prices in South African ports mainly lower on Monday.
  • Prices lack direction in European Ports
    Some congestion and tight barge schedules reported in Piraeus.
  • March global bunker price overview
    Intermediate fuel oil grades traded within tight ranges across most regions throughout March.
  • Officials reiterate need for shore power at New York cruise terminal
    With leadership changes at the Port Authority and a higher price tag 'it is critical this project not fall by the wayside,' says US Congresswoman.
  • O.W. Bunker prepares for US market expansion
    Aims to launch trading operation in Houston in May, with further plans to expand on the East and then West Coast.
  • Kongsberg Maritime buys out Jotron Consultas
    'Jotron Consultas' C-Loading software and Fleet Management Software in particular, are both a strategic match for Kongsberg Maritime,' says Executive VP.
  • IFO prices largely up at major Asian ports
    Avails of bunker fuels fine at key Asian ports on Monday.
  • Swiss-based bunker trader expands with ARA office
    Substantial growth for company as it opens new office in the Netherlands.
  • Gelso M fuel removal operations successfully completed
    Total of 387.14 cubic metres of gasoil and other fuels recovered from the vessel.
  • Taiwanese shipping firms swing to losses
    Evergreen and Yang Ming in the red for 2011 but Wan Hai manages to stay in the black.
  • Singapore introduces 'mandatory enhanced bunkering course'
    Part of efforts to enhance the professionalism and competency of its bunkering cargo officers.
  • Rebound in Asia's box rates 'merely' recovering bunker costs
    Higher rates recouping the ground lost as a result of rising bunker fuel prices, says OSK Research.
  • Cosco International's bunker arm reduces 2011 sales
    Sinfeng 'prudently operated' its business amid weak market conditions; initiates legal proceedings against a customer.
  • China fuel oil imports up 7% on-month in March
    Volume amounted to 2.9 million mt, up 180,000 mt from volumes delivered to China in February.

›››File
FROM THE HOME PAGE
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
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