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20 August 2026 - Year XXX
Independent journal on economy and transport policy
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BRIEFS
August 6, 2012
Sched Netweb site
  • Asia-Europe rate increase short-lived as rates slip 1pc to US$1,710
  • Transpacific August rate hike fails to take hold amid fears of price plunge
  • Hanjin back in Portland after month's avoidance of longshoremen's slowdown
  • Troubled Horizon Lines widens loss to US$29.8 million in second quarter
  • APM T to open Lazaro Cardenas terminal to rival Hutchison's box shop
  • 'K' Line ships' on-time performance improves in second quarter over Q1
  • Nestle sources Vietnam coffee accenting corporate social responsibility
  • Tibet Railway moves petroleum, agricultural goods, building materials
  • Kuehne + Nagel expands services for BMW with Bavarian logistics hub
  • DHL quarterly profit soars 20pc to US$166.7 billion as revenues jumps 7.3pc
  • Complications delay opening of Ahmedabad airport's perishables warehouse
  • Court clears Hawker Beechcraft to discuss sale to China's Superior Aviation

Exim Indiaweb site
AUGUST 3, 2012
  • Govt revises norms for tankers carrying crude oil from Iran
  • Greatships subsidiary delivers Greatship Mamta to buyers
  • Maersk Line's 'fresh' commitment to customers
  • Ashok Leyland expanding its global footprint
  • Exim Club to throw light on investment opportunities in Myanmar today
  • RBI grants reprieve to exporters on foreign exchange earnings
  • Ashok Gadkari retires as Chief Mechanical Engineer of MbPT
  • DP World's container volumes up 7.5 pc in H1
  • Kerala rejects Welspuns Vizhinjam bid
  • Typhoon Saola closes ports in Taiwan, causing severe disruption to shipping
  • Rlys may hike haulage charges for box train operators
  • Core sector growth decelerates to 3.6 pc in June
  • Forex reserves at $ 288.65 bn
  • INR ends week 42 paise lower at 55.76
  • Vigilance Study Circle, Mumbai holds bi-monthly meeting
  • BBC Chartering opens new office in Antwerp
  • Ekin Nakliyat keeps busy with heavy & oversized movements in Turkey
  • PPG wraps up successful annual conference

Marine Logweb site
AUGUST 3, 2012
  • TOTE receives ECA waiver to pursue LNG conversion
  • USCG completes Arctic oil spill recovery exercise
  • Oceanteam refinances two offshore construction vessels
  • Moody's lowers OSG ratings
  • Maersk Line, Limited acquires 3PSC
  • Great Lakes Dredge splashes out at U.S. shipyards

World Wide Shipperweb site
AUGUST 3, 2012
  • Port of Portland opening T-4 to Seaport Celebration event
  • APL ends chassis program in Denver, Salt Lake City
  • Trucking group calling for 'Good Stuff' award nominations
  • BNSF plans to invest $106 million in Washington
  • US rail freight traffic heads up during week

Lloyd's Listweb site
AUGUST 3, 2012
  • Matson seeks to win over new investors
    Exclusive: Newly listed US Jones Act line plans to build on current business model
  • Matson eyes Alaska trades, but is wary of dangers
    Oakland line would be potential buyer if an existing business is put up for sale
  • US line starts to plan for fleet upgrade
    Jones Act carrier Matson will order from US yards
  • Hutchison terminal hits back
    Tanzania International Container Terminal Services, for which HPH holds the concession, has been criticised over container dwell times
  • APMT sets sights on Dar es Salaam
    Netherlands-based terminals division is first to declare its hand publicly for tender
  • DP World plans to build on African port concessions
    Global port group has continent-wide plans to build on its current three port concessions and a stevedoring business
  • Plastic is not fantastic for UK shipping
    Recession highlights dire consequences of flags of convenience for jobs at sea
  • Rotterdam terminal shut-down will see Odfjell losses mount
    Whistleblower slams safety and maintenance at Botlek storage site
  • Comment: Behind the scenes in shipping's top job
    Yang will lead a cast of strong characters who will shape the global maritime industry
  • Introducing the new most powerful man in world shipping
    Yang replaces Li as party boss in China's Ministry of Transport
  • Slack enforcement of safety at Odfjell Terminal Rotterdam has knock-on effect
    Dutch Safety Board launches independent inquiry which has wider implications
  • Macquarie and TTMI developments boost B+H Ocean Carriers' Chapter 11 aspirations
    Convenience of dealing with fewer bankers described as a key benefit in today's climate
  • Europe sees container imports plummet
    Continent's economic woes wreak havoc on inbound volumes
  • Norway's LNG export plant comes back on line
    Boost to vessels serving the plant and to winter freight rates for owners
  • TEN eyes return to profit after slashing losses
    Owner hopes for storage deals for VLCC pair which have hobbled results
  • Diana fixes two panamaxes at $9,250 a day for two years
    Three-year panamax charter contracts hit lowest levels in a decade
  • Capesizes back to square one
    Rates fall on the West Australia to China route as steelmaking demand falters
  • Petrobras books VLCC Amantea for two years
    Time charter fixtures continues to rise in face of dire spot market
  • Israeli group accuses Inmarsat of breaking US sanctions against Iran
    Ultimatum to UK firm to cut communications for Iranian tankers
  • Strike in Colombia threatens coal exports
    Miners have declared force majeure, brokers report
  • Good news for product tankers as Algeria boosts fuel imports
    Mediterranean's small tankers will benefit
  • Romney's house of fun
    Welcome to the presidential hopeful's hall of smoke and mirrors
  • Trials of triangulation
    Baltic Exchange benchmarks understate tankers' true earnings potential
  • Indian owners loath to lift Iranian crude
    SCI and Great Eastern say government-backed P&I replacement lacks clarity
  • Box Ships prefers short periods for unfixed duo
    Owner close to fixing first ship for less than six months but notes charterers can be reluctant to keep it so short
  • Concerns as suezmax fleet grows 5% in first half of year
    Slippage levels lowest of all tanker segments
  • Omega Chapter 11 drama might not be over, say experts
    Junior lenders and unsecured creditors weigh up "significant options"
  • Omega Navigation Enterprises files Chapter 11 reorganisation plan
    George Kassiotis proposes to pump in $2.6m, but junior lenders and former shareholders face wipeout
  • Inmarsat boosted as shipping signs up to broadband
    Company's fifth-generation satellites to go head to head with K-brand providers
  • Titan Petrochemicals says bondholders against liquidation
    Troubled Hong Kong-listed logistics firm has $166m in outstanding bonds

Fairplayweb site
AUGUST 3, 2012
  • APM to invest $12.2Bn
    THE FOUR strategic core businesses of AP Møller-Maersk will get $12.2Bn in investments over the next few years, according to CEO Nils Smedegaard Andersen
  • OSG seen nearing asset sale
    MOODY'S has dropped Morten Arntzen-led OSG deeper into 'junk' territory - and predicted that a sale of non-core assets could be pending
  • TEN narrows losses
    NYSE-listed Tsakos Energy Navigation today reported a sharp drop in losses, as results were buoyed by the higher charter rate for its LNG carrier
  • Trans-Pacific box rates pushing up
    BOX RATES on eastbound trans-Pacific routes have trended up since increases sought by several container lines took effect on 1 August
  • Golar LNG could add six to newbuilding orderbook
    GOLAR LNG could add up to six newbuildings to its orderbook, which already lists a dozen ships to be built, without raising more equity, a shipping analyst said today
  • Horizon's losses deepen
    BONDHOLDER-owned Horizon Lines has reported wider losses but maintained that its liquidity remains "adequate"
  • Beware box 'rates leak'
    A BOX sector "rates leak" is straining the bargaining position of container shipping lines, a senior shipping analyst warned today
  • Capesize owners fear negative rates
    CAPESIZE bulker owners are trying to avoid subsidising voyages amid rising bunker prices, brokers told Fairplay today
  • SMM half-year profits drop 15%
    SEMBCORP Marine said today lower margins from new projects caused a 15% drop in its 1H net profits
  • MMHE's profits fall 30%
    MALAYSIA Marine & Heavy Engineering said today net profits dropped 30% in the second quarter that ended 30 June
  • Product tanker tonnage list tightens
    PRODUCT tanker rates are remaining firm this week, thanks to tight vessel availability and firm naphtha demand
  • September to add VLCC misery
    BROKERS expect VLCC earnings to remain stuck in negative territory for September laycans, as chartering for August nears completion
  • Owners shun PCG deals
    CHEMICAL tanker owners show little interest in bidding for CoAs with Malaysia's PETRONAS Chemicals, brokers told Fairplay today
  • Managers buying HSBC Shipping Services
    HSBC BANK said it has agreed to sell HSBC Shipping Services, which offers shipbroking and consultancy services, to its senior managers
  • STX to import US maize
    SOUTH Korea's STX Corp has signed a memorandum of understanding with compatriot National Agricultural Cooperative Federation to import US maize

The Journal of Commerceweb site
AUGUST 3, 2012
  • CP's Harrison Wants to Speed Up Trains, Improve Terminals
    Canadian Pacific Railway shippers worried that E. Hunter Harrison would immediately push for tighter scheduling can take solace in recent...
  • JOC Trucking Employment Index Rises in July
    The Journal of Commerce Trucking Employment Index rose 0.3 percentage points in July as for-hire motor carriers and other U.S....
  • Transport Employment Rises 1.9 Percent
    Transportation and warehousing employment increased 1.9 percent year-over-year in July, according to preliminary data from the U.S. Bureau of Labor...
  • Short Line Rail Intermodal Volume Up 19 Percent This Year
    North American intermodal growth isn't just driving volume on the major railroads, with the expanding transport mode boosting traffic 19...
  • YRC Worldwide's Welch: 'We're Still Not Satisfied'
    It's been a long time since "YRC Worldwide" and "profit" could be mentioned in the same breath. Although the troubled...
  • Ryder Europe Completes Aquisition of UK's Euroway
    Ryder Europe said it has completed the acquisition of Euroway, a U.K.-based truck rental and fleet management company. The...
  • Baltimore Builds Growth in Container Cargo
    The volume of containers handled by the Port of Baltimore declined 2.8 percent in June from the same month...
  • Shipping Rate, Surcharge Update for Week of July 30 - Aug. 3
    Singapore-based container carrier APL plans to impose "operational cost recovery surcharges" on all shipments moving through ports in Saudi Arabia. The carrier will...
  • A.P. Moller-Maersk Strategy Paying Off, CEO Says
    A.P. Moller-Maersk's five-year plan of focusing on four core strategic businesses is already paying off, according to Group CEO Nils...
  • YRC Worldwide Earns Operating Profit
    Trucking giant YRC Worldwide reported an operating profit of $15.5 million in the second quarter while cutting its net loss...
  • IAG Cargo Revenue Slips 0.3 Percent
    Cargo revenue at International Airlines Group, the merged British Airways-Iberia carrier, stalled in the second quarter as strong growth at...
  • All Nippon Airways Back in the Black
    All Nippon Airways Co. posted a group net profit of $7.59 million in the first quarter of fiscal 2012, which...
  • APL Ends Chassis Service in Denver, Salt Lake City
    APL said Friday it is no longer providing chassis as part of its container transport services in Denver and Salt...
  • IJS Global Opens DC for Novartis
    IJS Global opened a dedicated warehouse in the Philippines to handle the logistics needs of Novartis Animal Healthcare. ...
  • Typhoon Shuts Taiwanese Ports, Airports
    Transportation infrastructure ground to a halt and at least one person was killed as Typhoon Saola made landfall in eastern...
  • Hanjin Reverses First Quarter Loss
    Hanjin Shipping, riding strong gains in container volume and revenue, climbed back into the black in the second quarter. ...
  • Commentary: A National Port Vision? Really?
    I actually laughed after reading that Sen. Lindsay Graham, R-S.C., viewed the recent release of an Army Corps of Engineers...
  • Commentary: Carrier Changes Shaking Up Parcel Markets
    When UPS last spring agreed to acquire TNT Express for $6.6 billion, the deal reverberated throughout global express and parcel...
  • Commentary: US-Canada Border War, Eh?
    My Canadian friend on the phone sounded mystified. He'd read the Federal Maritime Commission's report on cross-border container shipments, and...

Containerisation Internationalweb site
AUGUST 3, 2012
  • Freightliner diverts to avoid Olympics grand show
    At the halfway stage of the 2012 London Olympics, today is expected to be the busiest day so far as the track and field athletes join the stage of the 'biggest ...
  • Horizon's H1 loss widens
    Charlotte [NC]-headquartered Horizon Lines has seen its net loss widen and operating profit EBITDA fall for H1 2012; nevertheless drilling down in to the Q2 results, ...
  • APL rolls out third-party US chassis model
    APL launched its third party provider chassis model in two different regions in the US this week - and after trials in these areas it is planning to launch the ...
  • Tropical's profits down in Q2 12
    Riviera Beach (FL)-based Tropical Shipping has seen operating losses widen in Q2 12 compared with the corresponding period of 2011, with the USD4 million deficit ...
  • US - Mexico the highlight as NAFTA trade up 8.3%
    Trade using surface transport between the countries of the trilateral trade bloc [NAFTA] - Canada, Mexico and the US - rose year-on-year by 8.3% in May to total ...
  • Santos sees its box count rise in H1 12
    Santos, which is Brazil's largest box port, handled 8% more containers in H1 12 than it did in the corresponding period of 2011 with just under 1.5 million TEU ...
  • MSC Flaminia: salvors unable to board
  • Dar es Salaam starts its 'one-stop-centre'
    In a determined bid to improve cargo transfers through the port, Tanzania's largest port, Dar es Salaam has taken action to consolidate 11 different government ...
  • Royal Navy 'protect' Hapag boxship
    A Hapag-Lloyd containership operating on the German liner's Indamex [USEC - Indian sub-continent] service appreciated the protecting arm of two Royal Navy minehunters ...

TradeWindsweb site
AUGUST 3, 2012
  • Kassiotis to the rescue
  • OTS mints debt deal
  • GLDD's game changer
  • Tsakos soars
  • DVB dodges wounded Knight
  • HOS sell-off overblown
    Credit Suisse has cooled fears about a post-results crash in the share price of Hornbeck.
  • Rena win for Resolve
    American salvor Resolve Marine has won the hotly contested contract to remove the wreck of the Costamare containership Rena.
  • Titans team up
    Tufton Oceanic has emerged as a partner for Blackstone Group in its swoop for a fleet of tankers from Hartmann Group.
  • Jasa reels in Exxon
    Malaysia's Jasa Merin has won more charter work from ExxonMobil for its offshore vessels.
  • Platou cuts Capital
    RS Platou Markets has cut its rating on Capital Product Partners despite its impressive second quarter showing and balance sheet workout.
  • Horizon extends red run
    Horizon Lines posted improved second quarter sales thanks to higher volumes but expenses dragged the company well into the red.
  • Kyoei confident after Q1
    Japanese owner banking on a return to profit this year after stronger start this time around.
  • Stressed not distressed
    We take a look at what was said in the market over the last week.
  • Big John buying again
  • SBM inks $1bn loan
    SBM Offshore has secured a mammoth bank loan to finance an FPSO conversion backed by a charter with Brazilian giant Petrobras.
  • Matson in stronger quarter
    Matson Navigation, the US liner company, has seen a healthy increase in both revenues and operating profits.
  • Miclyn seals Aussie deal
    Miclyn Express Offshore has won work to support construction activities on Australia's expanding LNG sector.
  • Wanted: white knight
    Wall Street is starting to doubt Knight Capital Group's ability to recover from the $440m hit linked to a computer glitch that impacted dozens of stocks listed on the New York Stock Exchange Wednesday morning.
  • Genco jumps on waivers
    Investors have given a big thumbs up to the debt restructuring agreed between Genco Shipping & Trading and its lenders.

American Shipperweb site
AUGUST 3, 2012
  • APL ends chassis provisioning in Denver, Salt Lake City
    This is the first phase of the Singapore-based container carrier's plan to withdraw from chassis provisioning throughout the United States. In the future, it said motor carriers will provide chassis as part of their drayage services.
  • FEC hauls fill for S. Florida runway expansion
    FEC is operating a single train to deliver aggregate from a quarry near Miami every morning on a dedicated rail spur specially built for the project and is expected to add a second train every evening by Aug. 13 or sooner.
  • ABF lawsuit against YRC, Teamsters dismissed
    The lawsuit, in which ABF claimed subsidiaries of YRC Worldwide and the Teamsters violated the National Master Freight Agreement, was dismissed by Judge Susan Webber Wright of the U.S. District Court for the Western District of Arkansas.
  • Horizon reports $46 million loss, but revenue rises
  • UPS slips on new sorting scanner
    The express carrier hopes the wearable devices will speed up the time to load packages into vehicles. The technology is also aimed at getting package updates into the system faster.
  • CEVA says results reflect 'difficult quarter'
  • Xata Turnpike integrates with TMWSuite
  • Guam/China business helps Matson offset weak Hawaii market
  • Old Dominion drives record first half
  • Crowley fined $17 million for Puerto Rico price-fixing
  • Maersk Line, Ltd. completes 3PSC buy
  • Oxfam replaces charity supply chain system
  • HSBC sells shipping unit
  • Caterpillar completes 3PL sale to Platinum Equity
  • Swissport adds business in Amsterdam
  • St. Lawrence Shipoperators picks new chairman
  • Panjiva product aimed at maritime
  • Bill introduced to help U.S. cotton shirt makers
  • Segal elected ASTL chairman
  • Congress passes textile trade provisions

The Bunker Bulletinweb site
AUGUST 3, 2012
  • Global bunker fuel prices maintains stable trend
    Global bunker prices remained relatively stable throughout the week, according to Bunkerworld data.
  • Bunker prices end week mostly firm
    Trading was heavy on the US Gulf, says local trader.
  • Salvage work to begin on Rena's bow
    Details of how the salvage will proceed have not been released yet due to a confidentiality agreement with the ship's owners.
  • Tsakos Energy posts improved Q2 results
    According to the company there was considerable relief in the form of reduced bunker costs for spot vessels and reduced consumption.
  • Canadian government sets deadline for Northern Gateway project report
    Deadline for environmental assessment and report on the Enbridge Northern Gateway pipeline project set.
  • Horizon Lines reports Q2 financials
    Company highlights fuel surcharges as part of reasoning for revenue improvement.
  • Inspectors to visit closed Rotterdam terminal
    Safety concerns aired on Dutch TV are said to have prompted the shutdown.
  • Fuel oil prices continue upward trend in Fujairah
    Upward trend in region with 380 cSt material in Suez up by double digits.
  • Week closes with firm market in Rotterdam
    Prices in the main European bunker port stuck to their upward trend.
  • Maersk boss sees green shoots of recovery
    Andersen says container arm will be in 'much stronger position' in a year's time.
  • Demand for OPEC oil to stay steady
    Spare capacity sufficient for small disruptions in supply over the next five years.
  • Mobil expands New Zealand storage
    Growing demand for bunker fuel behind the move.
  • Singapore supply to stay tight, say traders
    Firm timespreads indicate supply crunch more likely.
  • Higher fuel surcharges prop up Matson's revenues
    Posts higher revenues but profit fall due to higher taxes and losses from discontinued operations.
  • Week ends with bunker prices at Asian ports largely up
    Supplies of bunkers were fine at major Asian ports on Friday.
  • Bank upgrades NOL rating on lower bunker prices
    DBS Vickers expects NOL's results to improve in the second quarter.
  • Pacific Basin plunges into the red
    Losses blamed on vessel impairments and bunker derivative expenses.
  • Chemoil buys into lube trading firms
    Pays a total of $16.4 million for stakes in two firms.
  • US economy has little to fear from IMO GHG policy
    The policy will cause 'limited additional expenditures' for shipping industry, says study.
  • Bondholders don't favour Titan wind-up move
    Poll shows an 'overwhelming proportion' of noteholders do not support the petition.
  • Chimbusco branch supplies largest stem
    Transaction marks 'a new chapter for mutual comprehensive cooperation' with Maersk, it says.

›››File
FROM THE HOME PAGE
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
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