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Independent journal on economy and transport policy
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BRIEFS
March 5, 2012
The Business Timesweb site
Shipping News
  • Baltic index's gain smallest in six sessions
    The Baltic Dry Index, a measure of global commodity-shipping costs, gained the least in six sessions on Friday as a surplus of vessels prevented owners from boosting freight rates.
  • IMO set to clash with EU on vessel CO2 emissions
    The International Maritime Organization (IMO) is making little headway on market-based measures to curb carbon dioxide (CO2) emissions from international shipping, putting it on a policy collision course with the European Union, observers said last Saturday.

Sched Netweb site
  • Asia-Europe rates soar 71pc to US$1,412/TEU as transpacific slips 0.8pc
  • CMA CGM ups Asia-Europe rates US$408/TEU, adds 5 surcharges from April
  • New MSC ship accident: 4,437-TEU Carole runs aground on reef off Jakarta
  • OOCL raises rates on southeast Asia-Oz trade US$200/TEU from April
  • Sydney's Port Botany volume increases 2pc to 621,000 TEU in 2011
  • SeaCube box lessor 2011 profit rises 27pc to US$44 million, sales up 23pc
  • Guangzhou and Maoming joins hands on port projects
  • OOCL switches terminals in New York and Le Havre on Atlantic Express loop
  • Bangladeshi exporters lose their Singapore bypass service to China
  • Delhi earmarks US$305 million to dredge Mumbai's JN port to 14 metres
  • Union Pacific CEO Young takes leave for pancreatic cancer treatment
  • Asia Maritime 2012 holds 3-day Singapore conference March 14-16
  • Erratum: Asia-West Africa Trade Agreement GRI notice wrongly dated
  • Evergreen links up with NYK, Hanjin, Hyundai on South America service
  • China Southern experiments with Shanghai-Sydney cargo flight service
  • Royal Jordanian EU carbon tax surcharge unsettles Indian forwarders
  • Changi Budget Terminal closes Sept 25, to be replaced by Terminal 4

Exim Indiaweb site
  • Adoption of global containerised freight e-commerce continues to expand
  • APM Terminals Inland Services inks MoU to start CFS operations in Kochi
  • Capesize charter costs could drop further
  • Govt mulls insurance cover for ships moving Iran oil
  • Lift and Shift achieves an extraordinary high in heavy lift/project cargo transport in India
  • Rear Admiral (retd) Shrawat appointed Mazagon Dock CMD
  • Shippings impact on world oceans well regulated: ICS
  • Tolani Shipping assures full cooperation in investigation into collision incident off Kerala coast
  • Vijay Tanks & Vessels ships colossal storage sphere to Australia
  • Customs duty hike on power gear imports to be announced in Budget
  • Exports increase 10.1 pc in Jan. to $ 25.34 bn
  • Exports to Iran to increase, says Fieo
  • Iran pays Indian exporters in rupees
  • Ministry plans hike in steel import duty
  • ' slips to 3-wk low of 49.50/51
  • EU steps have eased global slowdown threat: IMF
  • Forex reserves zoom to $295 bn
  • Trade deficit nears $ 150 bn
  • India, China plan maritime dialogue to augment trust
  • India's largest zinc sulphate plant inaugurated
  • Combined WWPC power moves 54 wind turbines from Spain to Ethiopia via Djibouti
  • Multitrade Spain manages massive 336 railcar transportation project from Spain to Venezuela
  • Rickmers-Linie expands China coverage

Marine Logweb site
MARCH 2, 2012
  • Germany's FSG books order for versatile project cargo duo
  • Statoil to invite tenders for a new type of jack-up rig
  • Coast Guard detains Singapore-flagged car carrier

World Wide Shipperweb site
MARCH 2, 2012
  • Celebration marks arrival of Emirates flights to Sea-Tac
  • U.S. railroads post up/down numbers for week
  • NYK Group earns recognition for 2011 environmental report
  • Olympia Port Commission Oks deal with Lorig Associates
  • Coast Guard taps Seattle native as top reserve enlisted person

Lloyd's Listweb site
MARCH 2, 2012
  • Shipping defaults could wipe out some banks' equity
    Germans in firing line due to KG exposure
  • SCFI gains a fifth as Asia-Europe box rates soar
    Surge in Shanghai Containerised Freight Index provides further evidence of box lines' success in ramping up westbound rates from Asia
  • Can the Asia-Europe boxlines make spring rates hikes stick?
    Newbuildings threaten further imbalance between supply and demand
  • NYSE to delist Horizon Lines common stock
    Jones Act liner major loses appeal against October suspension notice
  • Petrobras books Euronav ULCC for storage
    Brokers report TI Europe fixed for six months, with options, at just $20,000 a day
  • Optimistic DVB to hike lending in 2012
    Banker worried about shipbuilding capacity and run-down ships
  • Höegh LNG inks 10-year charter with Lithuania for newbuilding regas unit
    Norwegian company says deal will generate $50m a year
  • SISI sees slower growth in global cargo throughput this year
    Lacklustre global economy weighs on sentiment
  • Goldman Sachs and Fredriksen linked to Torm restructuring
    Investment bank tight-lipped over reports of proposed equity deal
  • NewLead opts for one-for-five reverse split
    Greece-based owner moves to regain compliance with Nasdaq rules on minimum bid price
  • Brokers' hopes dashed as capesize rates flatten
    Chinese new year bounce-back proves short-lived
  • Chinese iron ore imports under threat from ramped-up domestic mining
    Mixed signals regarding 2011 demand for foreign iron ore could hit capesize market
  • Lloyd Fonds KG fund in insolvency threat
    Fund seeks fresh capital amid a wave of insolvencies
  • Bashing the bankers
    Defaults are putting lenders under severe stress
  • Lyttleton Port Christchurch defers cruise berth decision
    New Zealand construction costs soar after earthquake
  • MEND offers to negotiate release of crew held by Nigeria pirates
    But expert suggests links between pirates and anti-oil militants
  • Will GRIs come to grief?
    It is far too early to hail last week's rate hikes as a success
  • UK government shuns industry-led standards for armed guards
    Lancaster House conference on Monday will take first steps creating new regime
  • Oriental Precision placed under creditors' restructuring
    South Korean machinery maker suffers amid industry woes
  • SCI cancels Iranian crude shipment after insurers deny coverage
    Suexmax fixture halted last month ahead of tougher European sanctions
  • Statoil to tender new type of $500m rig
    Norwegian oil group will use 'cat J' rigs to drill in mature oil fields off of Norway
  • Japanese buyers seek force majeure for Iran contracts
    Pressure builds to add clause to insurance agreements from April
  • Ezra builds warchest for subsea projects
    Singapore-listed offshore contractor sells 5.6% of its stake in Ezion
  • Second ballast water system taken off the market
    Pulled technology had secured type approval
  • Ningbo box volume growth soars in February
    Shippers scramble to move cargo ahead of Asia-Europe price hikes
  • Capital market enthusiasm for shipping remains muted, owners told
    IPOs are currently viable for LNG carrier owners but the sector is an exception
  • Detained Beluga Participation in insolvency case
    Questions who owns vessel held in Mumbai
  • Hanjin joins April general rates push
    South Korean boxline plans $400 per teu hike on Asia-Europe trades

Fairplayweb site
MARCH 2, 2012
  • Cruising grilled on taxes
    A PROMINENT US lawmaker has questioned whether the cruise industry is paying its fair share of US taxes
  • NewLead goes for split
    NEWLEAD Holdings today announced a 1-for-5 reverse stock split to bring its share price comfortably above NASDAQ's minimum
  • Allied stuck in crosshairs
    GREEK drybulk operator Allied Maritime is being besieged by legal action and allegations of unpaid bills, court documents reveal
  • Three found guilty in 1988 ferry terrorism
    A FRENCH court today convicted three men for their part in a 1988 terrorist attack on a Greek ferry that left nine people dead and 100 injured
  • Far East/Europe box rates jump
    SPOT RATES on key Far East/Europe trade lanes jumped markedly higher this week, driven by liners' push for increases, Arctic Securities said
  • Pacific Basin shares rally
    HONG KONG drybulk shipper Pacific Basin's shares today closed 6% higher at HK$4.23 ($0.545), despite posting lower annual profits yesterday
  • Maybulk seen coiled for S&P strike
    MAYBULK, which has been largely absent from the S&P and newbuilding markets, might be returning this year, a shipping analyst said today
  • UK deals focus on pirate suspect transfers
    THE UK has initiated a range of steps to counter piracy since last week's Somalia conference
  • Nickel drives Supramax surge
    THE INFLUX of coal and nickel ore cargoes has sparked a Pacific Supramax rate climb this week
  • ISS pushes into logistics
    ISS CEO Claus Hyldager has completed the port agency specialist's restructuring, which he told Fairplay would "ensure balance across the regions, yet provide much-needed flexibility"
  • VLCCs rise on March coverage
    CHARTERING of VLCCs has surged this week with players rushing to cover voyages for the last two weeks of March

The Journal of Commerceweb site
MARCH 2, 2012
  • Horizon Boosts Rates on Puerto Rican Trade Lanes
    Horizon Lines said Friday it will raise freight rates on cargo moving between the U.S. and Puerto Rico as of...
  • Trans-Pacific Containerized Trade: Interactive Graphic
    How many TEUs did Japan export to the U.S. in 2009? What is the forecast for U.S. containerized trade with...
  • Rate, Surcharge Update for Week of Feb. 27- March 2
    Mediterranean Shipping imposed a general rate increase on westbound cargo from India to North Europe and the...
  • Pantos Logistics Opens Dutch Logistics Center
    Pantos Logistics recently opened a roughly 31,000-square-foot logistics center near the Port of Rotterdam to distribute vehicle parts across Europe....
  • India's Port Nehru Gets Closer to Handling Larger Ships
    The Port of Jawaharlal Nehru (Nhava Sheva) will be able to handle deep-draft vessels and expand throughput capacity in roughly...
  • James River Coal Expects Shipment Growth via CSX, NS
    James River Coal in 2012 expects to ship at least 3.3 percent more coal from the Midwest and Central Appalachia...
  • West Coast Ports' Long Haul
    When U.S. ports in the Pacific Northwest talk about rival Prince Rupert, British Columbia, words such as "diversion" and "unfair...
  • Currency for Trade
    February's visit to the U.S. by China's likely next leader, Xi Jinping, provides policymakers and business leaders in both countries...
  • Export Growth Loses Steam
    U.S. containerized exports started 2011 with a bang before slowing in the fourth quarter, but the outbound business finished the...
  • Mixed Bag in Asia-US Trade
    2011 was a year of contrasts in the Asia-U.S. trade. U.S. containerized imports from Asia were essentially flat, inching up...
  • Port Possibilities
    Republicans are hoping the bankruptcy of solar panel manufacturer Solyndra will create a Watergate-like scandal for Democrats. The GOP is...
  • Trucking Pioneer Henry Vander Pol Dead at 95
    Henry Vander Pol, a trucking pioneer who helped establish two motor carriers in the Pacific Northwest, died Wednesday in Auburn,...
  • EEOC Sues Celadon Trucking For Illegal Medical Exams
    The U.S. Equal Employment Opportunity Commission is suing Celadon Trucking for allegedly requiring prospective employees submit to illegal medical tests....
  • Celadon Trucking Acquires Teton Assets, Drivers
    Celadon Trucking will get trucks, trailers and, perhaps most important, badly needed truck drivers from its purchase of Teton Transportation's...
  • Union Pacific CEO Young Takes Medical Leave
    James Young, chairman, president and CEO of Union Pacific Corp., the largest U.S. railroad, will take a medical leave of...
  • 2 Million TEU Port to Open in UAE in Late 2012
    The Abu Dhabi Port Co. plans to open a port with an initial annual capacity of 2 million 20-foot equivalent...
  • Indexing World Trade
    At times, it seems the only thing shippers, forwarders and carriers share is a common mantra: They say they want...
  • Swapping Data
    It's fine to have an opinion but better to base the opinion on facts, especially if millions of dollars are...
  • New Winds Blowing
    As the industry gathers in Long Beach this week for the 12th Annual TPM Conference, shippers face a more complex...
  • Looking Ahead
    When shippers, ocean carriers and others gathered for The Journal of Commerce's annual Trans-Pacific Maritime Conference three years ago in...
  • Broker Caught In the Line of Fire
    Q: You've addressed the issue of brokers paying carriers and carriers not paying subcontractors many times, yet I find myself...
  • Hanjin Will Boost Asia-Europe Rates Again
    Hanjin Shipping joined other carriers on Friday in announcing a second round of freight rate increases on its westbound Asia-Europe...

Containerisation Internationalweb site
MARCH 2, 2012
  • Auckland port dispute to end in court
    That seems to be the only way forward from the intransigence emitting from both the Port of Auckland's [PoA] management and the Maritime Union of New Zealand's ...
  • MSC transfers big vessels into transpacific tradelane
  • Bunkers spike another USD13 in morning trade
    Ocean carriers and short-sea operators are nervously watching the oil markets again after the cost of Rotterdam-sourced IFO 380 soared by USD13 per tonne in trading ...
  • DFDS slips in Q4 11
    Denmark-based DFDS saw its profitability slump in Q4 2011. Compared to Q3 11, its revenue fell by 12%, down to DKK2,746 (USD479) million, out of which operating ...
  • MSC boxship sub-let from Maersk, owned by Seaspan steams into Jakarta reef
    APL - which has a slot charter agreement with Maersk Line on its China - Australia - New Zealand VSA service operated by the Danish carrier and Geneva's MSC - has ...
  • CMA CGM joins rate increasing bandwagon
    CMA CGM has joined the list of ocean carriers seeking a second bite of the freight rate cherry in the tradelane from Asia to Europe. It has announced that it will ...
  • Eurozone jobless hits new record, but pain mainly in Spain
    Unemployment in the 17 nation eurozone rose again in January to 10.7% - there are now 16.9 million people out of work in the single currency states. However, the ...
  • RCL also suffers from 'weak shipping environment'
    Posting a full-year net loss of THB780 (USD25.8) million for 2011, Thai-based intra-Asia carrier, Regional Container Line [RCL], said that 'continued over-capacity ...

TradeWindsweb site
MARCH 2, 2012
  • SBLK cape in Turkish scrape
    Jewel of Star Bulk Carriers' capesize stable out of commission after scraping bottom on entry to port of Eregli.
  • BLT enlists reinforcements
    Cash-strapped Indonesian owner crowns restructuring commander as concerns over depth of financial troubles mount.
  • NewLead readies split
    Greek owner lines up cure for Nasdaq deficiencies as share price lingers below key threshold.
  • Solvang back at HHI
    Oslo-listed LPG operator returns to Korean yard for a second Very Large Gas Carrier.
  • Threat sparks ship evacuation
    Passengers disembarked as crew conduct security sweep of ship after hoax message.
  • Troim: no rush with cash
    John Fredriksen's lieutenant says tycoon will take his time before splashing the $1bn burning a hole in his pocket from Seadrill share sale.
  • SBM Offshore takes a $1bn hit
    Eyewatering impairments push Dutch offshore specialist to a massive loss as platform pain goes on.
  • Yard in bankruptcy fight
    Mykolaiv court starts proceedings against Chernomorsky two weeks after it posted annual profit.
  • Nigerians confirm capture
    Trio of seafarers snatched from a Dutch reefer off the coast of Nigeria this week are alive and well.
  • Sinochem saves Dorval
    Japanese tanker owner planning joint venture with Chinese petrochemical trader in bid to take it out of court administration.
  • Tzitzis and Papalios team up
    Greek owners in the market for tonnage for Icon Shipping partnership
  • Farstad ditches old Ladies
    Karl-Johan Bakken-led company sells early 80s built anchor handlers.
  • Matching investment and talk
    Derivatives defended, the merits of avoiding business contraction and fitting in time for sleep in a crisis.

American Shipper - Ocean newsweb site
MARCH 2, 2012
  • K+N offers wireless temperature control
  • Conrad: Smaller TP lines a 'barometer of the trade'
  • Coast Guard detains ship in Portland
  • Union Pacific CEO takes medical leave
  • Delmas adds Algeciras to 5 West Africa loops
  • Hanjin raises Asia-Europe rates
  • Blue Tree, McLeod Software integrate
  • Pantos opens in Holland
  • Mercedes promotes FleetBoard in Ireland
  • CMA CGM's Asia-Europe rate increase plans

The Bunker Bulletinweb site
MARCH 2, 2012
  • Bunker prices surge across the Americas
    Demand in Cartagena was busy due to low volumes, according to players in the region.
  • Global bunker market experiences volatile week
    Bunker prices experience volatile week on back of a tense crude market falling victim to supply rumours.
  • Emulsion fuel producer gains increasing investor attention
    Investors looked for more information on why shares in producer of emulsion fuels had risen almost 50% in three days.
  • No consensus on outstanding part to GHG agreement
    Disappointment at MEPC 63 as a resolution needed before a new part of MARPOL Annex VI enters into force remains contested.
  • New fuel efficiency monitoring system launched
    Transas estimates that optimal operation of technology could lead to fuel savings of approximately 5%.
  • Bunker prices jump in European ports
    NYMEX showing losses of more than $1 in early trading.
  • Gazpromneft Marine Bunker looking for 10% growth
    New barge acquired for St. Petersburg operations.
  • Prices firm across Middle East and Africa
    Quiet market activity in Suez.
  • Reefer company reports widening losses
    Blames high bunker prices and falling freight raters.
  • Sanctions against Iran hit Fujairah bunker market
    'Fujairah's loss and a big gain for Singapore,' says trader.
  • Bunker prices firming in key Asian ports
    Demand 'below average', say traders.
  • US agencies finalise restoration plans of Cosco Busan spill
    A total of $32.3 million will be spent on a variety of restoration projects, says NOAA.
  • Norway-based shipowner orders second LNG-powered forage carrier
    Rolls Royce NVC 401 Forage Carrier powered by Bergen C-Series gas engine.
  • 'Strong performance' in Grindrod's bunker business
    Company says it is in discussions for the 'potential' sale of 50% of its bunker business.
  • US bankruptcy court approves Genmar disclosure statement
    Approval of disclosure statement allows Genmar to solicit approval of reorganisation plan.
  • Sinopec Zhoushan monthly bunker sales volume down 15%
    Company sold 187,600 mt of bonded bunkers in February 2012.
  • Markets in the Americas fluctuate on crude concerns
    Crude oil prices rose above $110 a barrel for the first time since May.

›››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 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
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.
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