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Independent journal on economy and transport policy
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January 12, 2012
The Business Timesweb site
Shipping News
  • South Korea shipbuilders mull over joint bid for France's GTT
    The battle between South Korea and China to own Gaztransport & Technigaz (GTT), a firm that develops systems for storing liquefied natural gas (LNG) on ships, could ultimately be one of survival for Korean shipbuilders after the country lost most of its market share in the building of standard ships to China.
  • Container ship capacity may rise 8.3% this year
    The global fleet of container ships may increase 8.3 per cent in 2012, the most in two years, prolonging an oversupply of vessels on all major trade lanes that could undermine efforts to raise rates, Alphaliner says.
  • Baltic index hits 5-month low
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell to its lowest in five months as a growing slowdown in cargo bookings hurt sentiment.

Sched Netweb site
  • Taiwan's CNC charters box space on MOL's Japan-Thai-Philippines service
  • No more oil leaks from broken Rena's as containership now 75pc submerged
  • China's total turnover logistics value increases 12.5pc in first 11 months
  • Diana Containerships buys 2 panamaxers at US$30 million each from APL
  • Dandong City reaps benefits from its growing trade with North Korea
  • Zim hikes subcontinent-north Europe rate US$200/TEU from February 1
  • Seattle to FMC: If US law diverts cargo through Canada then you must act
  • Hague-based APMT to spend US$135 million to hike volume at Lagos terminal
  • Oman growth spurs investment spend to include railway-port expansion
  • New GAC India office opens at Pipavav to meet needs of more ship calls
  • US demand recovery prompts hope of cautious optimism, say economists
  • DHL launches Italy-Kuwait sea freight consolidation link
  • Singapore's Seletar Airport to install new control tower
  • International air cargo body joins outcry against EU carbon tax scheme
  • Damco buys Chinese air freight forwarder to boost sea-air capability
  • Economic uncertainty creates opportunities in 'recession proof' sectors

Exim Indiaweb site
  • Rickmers Tianjin christened at Mumbai Port
  • Safmarine appoints Grant Daly as new CEO
  • Shipping cos under pressure to reduce CO2 emissions from this year
  • MPSEZ changes name to APSEZ
  • Govt notifies 100 pc FDI in single-brand retail
  • Sugar exports permit deadline extended
  • Crude drops to 5-day low ahead of eurozone talks
  • Ex-Im Workshops 27th batch to commence next month
  • The ghost of honest mistakes

International Transport Journalweb site
JANUARY 11, 2012
  • Fret SNCF to continue single wagon load services
    Fret SNCF, the railfreight division of SNCF Geodis, remains on course with its multi-lots multi-clients single wagon load service (MLMC) in France, which it launched in 2010, and w...
  • Direct Rail Services orders 15 locomotives in the UK
    Freight operator Direct Rail Services has ordered 15 new Vossloh Euro Light UK mixed traffic diesel-electric locomotives. They are scheduled to be delivered in 2013 and will be fit...
  • German railway crossings cannot handle gigaliners
    Gigaliners, which are currently being tested in seven German states, are due to hit Germany's roads this spring, but the Allianz pro Schiene (pro-rail alliance) has warned that the...
  • Bouché & Partner rejuvenates fleet in Mannheim
    The German company Bouché & Partner is banking on its Mannheim location and investing in nine new trucks and trailers for the hub. The centre's own fleet has thus been younger ...
  • Universal Express names new Brussels airport branch manager
    On 1 January former sales manager Luc Del'Haye took over the management of Universal Express's Zaventem branch from Jean-Marc Lambrechts, who has left the industry. Del'Haye is sup...
  • Finnair cargo volumes increase in 2011
    Finnair's latest figures show that the airline's available tonne kilometres grew by 35%, and its revenue tonne kilometres by 20%, in 2011 in comparison with 2010. The amount of car...
  • AF-KLM Cargo and Martinair introduce e-booking tool
    It is now easier to book specialised shipments in Air France-KLM Cargo and Martinair Cargo's network through a new e-booking tool. The product selector, an innovation on cargo port...
  • EU orders Hungary to recover state aid from Malev
    The European Commission has found that financial support granted to the Hungarian flag carrier Malev between 2007 and 2010 in the context of its privatisation and renationalisation...
  • Safmarine launches e-shipping application
    The release of a new Safmarine shipping application for all mobile devices using the Android operating system will allow Safmarine customers to access and download essential shippi...
  • Port of Auckland loosing clients on account of strikes
    Ports of Auckland has confirmed that New Zealand's largest exporter Fonterra has decided to transfer export activities from Auckland to other ports from the end of January, on acco...
  • New Dachser hazardous goods warehouse in Romania
    Logistics service provider Dachser has started operations in a new 6,500 sqm hazardous goods warehouse with 11,500 pallet slots near Bucharest. The EUR 10 million facility is the o...
  • Swiss Post takes over all of the Direct Mail Company
    The Swiss post office has taken over 100% of the Direct Mail Company and of Direct Mail Logistik, thus significantly strengthening its direct marketing position. The entities, in b...

Marine Logweb site
JANUARY 11, 2012
  • Austal USA launches LCS 4
  • Korean shipping company cops plea in "magic hose" case
  • City of Boston offers retired fireboat on online auction
  • OSX Brasil gets funding for Açu Shipbuilding Unit
  • Odfjell Drilling to build sixth-generation semi for $1.2 billion BP contract
  • GHOST squadrons "could keep Straits of Hormuz open"
  • St. Johns Ship launches OSV for Caribbean

World Wide Shipperweb site
JANUARY 11, 2012
  • Tarleton named president of Seattle Port Commission
  • Boeing reaches new level of Next-Generation 737 production
  • US Coast Guard assists Iranian mariners in distress
  • FMC wants industry input on Chinese bond coverage for NVOCCs
  • Carriers ink agreement covering new VLCC pool

Lloyd's Listweb site
JANUARY 11, 2012
  • Lines to re-route ships as industrial strife shuts Nigerian ports
    Country poised for fourth day of strikes
  • All change in Dealogic lender league
    RBS share slumps to just 1.1%
  • Is there new money behind the headline figures?
    Dealogic's reported 26% lending rise masks shortage of new money for syndicated loans
  • India seeks new crude oil suppliers
    Move away from Iranian supplies could create greater tonne-miles
  • Hong Kong needs more government support
    City is so naturally good at being a maritime centre, its leaders tend to focus support elsewhere
  • Gulf Marine VLCC may not be sold but is under negotiations, say brokers
    Elektra Glory rumoured to be sold to South Korea's Sinokor but nothing is yet confirmed
  • US natural gas consumption to rise
    Forecast of 2% growth comes amid concerns that exports will drive up prices paid by US consumers
  • Seanergy cuts book values for six bulkers
    Impairment aims to boost balance sheet and improve future profits
  • Shipping minister to chair Dover privatisation meeting
    Private talks at House of Commons will bring together trust port's senior managers and their severest critics
  • Lloyd Fonds finance chief quits
    Departure said to be by mutual consent after differences of opinion about strategy
  • In praise of golden oldies
    Well-maintained old-timers challenge the modern craze for scrapping
  • Owners cave in to pressure to agree longer box-charter deals
    Contracts of more than three months are becoming common
  • China import slowdown spurs early credit easing
    A sharp fall in import growth signals drop in domestic consumption
  • Fewer shipping banks to seek new business, says Nordea
    Ronny Bjørnådal predicts emphasis on LNG and offshore in 2012
  • China seeks stronger oil ties with Saudi Arabia
    Oil refinery deal and high-level diplomatic visit show China's concern over Middle East oil supplies
  • VLCC earnings to stay below $20,000 per day for the next 12-18 months
    More owners will pool vessels to boost revenues, predicts Dahlman Rose
  • Brazil soyabean boom boosts end-2011 dry-bulk earnings
    Record exports in December follow crop failure in the US
  • Omega Navigation heads for mediation
    Judge extends cash collateral authorisation through to April 16
  • Aon Benfield loses marine reinsurance specialist to Cooper Gay
    John Sullivan moves over after 37 years
  • Odfjell signs deal to build Chinese chemicals terminal
    Joint venture with Nangang Port to develop a terminal and marine facility for bulk liquid chemicals, petroleum products and gases
  • SinOceanic seeks bank loans to finance newbuildings
    Three 13,100 teu container vessels being delivered this year at a purchase price of around $155m per vessel
  • Chinese box ports post record throughput
    Global economic slump leaves Shanghai and Dalian untouched
  • New doors opening for shipping risk
    As syndicated lenders edge forward an opportunity is emerging to fill the funding gap
  • Sinopec Kantons buys 50% of Fujairah storage project
    Lands first regional bunkers sale with BP deal

Fairplayweb site
JANUARY 11, 2012
  • Pirates take Iranian tanker
    A MARITIME security alert was issued today for the Gulf of Aden after pirates hijacked an Iranian chemical tanker carrying 30,000 tonnes of caustic soda
  • Seanergy severely impaired
    RESTIS-controlled Seanergy today revealed a $201.9M non-cash impairment loss as it wrote down the value of its drybulk fleet
  • US crude output to jump
    US CRUDE production will continue its resurgence this year, while its LNG imports will plunge, according to the EIA
  • US box tax attacked
    SEATTLE'S port boss has urged the US to change a law that he said favours Canadian ports for box imports bound for the US
  • India seeks Oil Plan B
    DELHI has advised Indian refiners to look for alternates to Iran for crude supplies
  • Cyprus finds munitions
    CYPRUS has found 35-60 tonnes of munitions being transported by general cargo ship to Syria
  • Drybulk snarls easing
    DRYBULK port congestion is easing, as coal and iron ore fixtures felt pressure amid cooling Chinese imports
  • Poten plays down sanctions impact on Iran
    A TANKER consultancy has played down the impact that US and European sanctions would have on Iran's exports
  • Nigerian ports threatened
    SHIPMENTS from Nigeria are at a "standstill", AP Møller-Maersk said today as the country began its third day of a general strike
  • Politicians, up your game
    SHIPPING markets will recover this year only if strong political leadership helps consumers regain confidence, BIMCO said today
  • KSS Line signs deal
    SOUTH KOREAN chemical and LPG shipping specialist KSS Line said it has sealed a one-year CoF to transport monochloroethylene for compatriot electronics maker LG International Japan
  • VLCC, Suezmax fixtures rose in 2011
    THE NUMBER of VLCC and Suezmax fixtures increased last year from 2010 totals, but the reverse was the case in smaller ship sizes, a tanker broker reported
  • US warned on dredging
    DREDGING funding cuts could result in $7.2Bn in losses to the US economy, a report from a lobbying group warned today
  • Wan Hai's shares drop
    TAIWANESE intra-Asia carrier Wan Hai's shares closed lower today after Moody's graded its Ba3 rating down from stable to negative
  • STX OSV feels squeeze
    DEMAND for offshore support vessels remains high, yet a financing crunch in Europe has hindered order flows for Singapore-listed Norwegian shipbuilder STX OSV

The Journal of Commerceweb site
JANUARY 11, 2012
  • Horizon Converts $49.7 Million of Debt to Equity
    Horizon Lines, the largest U.S.-flag domestic ocean carrier, has converted $49.7 million of debt to equity under terms of a...
  • 'Pipeline by Rail' Planned in Colorado
    Musket Corp. plans to open a crude-oil export terminal at Windsor, Colo., for unit train shipments using a newly constructed...
  • DOT Freight Index Rose 0.1 Percent in November
    The amount of freight carried by the for-hire transportation industry rose 0.1 percent in November from October, the Transportation Department...
  • BA-Iberia Cargo Traffic Soars 11.5 Percent
    IAG, the merged British Airways-Iberia carrier, saw cargo traffic in December expand 11.5 percent year-over-year, helping to drive 2011 traffic...
  • Ceridian-UCLA Trucking Index Rises 0.2 Percent
    The fuel-based Ceridian-UCLA Pulse of Commerce Index rose for the third straight month in December, climbing 0.2 percent following a...
  • Shippers' Plant Expansions to Push Up NS Carloads
    Norfolk Southern Railway is positioned to gain more than 150,000 carloads of annual business from nearly $9.5 billion in facility...
  • Q&A: A Preview of TPM Long Beach 2012
    Peter Tirschwell, senior vice president of strategy for UBM Global Trade, the parent company of JOC, gives a preview of...
  • Lufthansa Cargo Traffic Rose 1.6 Percent Last Month
    Lufthansa Cargo boosted traffic by a modest 1.6 percent in December from a year ago, but this was sufficient to...
  • Trans-Pacific Spot Rates Hold Firm
    Average trans-Pacific spot rates held firm after a one-week jump spurred by carriers' rate increases at the beginning of the...
  • Authorities Rescue 20 Sailors From Hijacked Vessel
    The Indian Shipping Ministry said international naval forces rescued 20 Indian sailors after pirates hijacked their Norwegian-flag bulk carrier off...

Containerisation Internationalweb site
JANUARY 11, 2012
  • DP World (Belgium) improves inland connections
    DP World has started operating Beverdonk Container Terminal just outside of Antwerp. The barge 'transferium' is located approximately 30km outside the port, in ...
  • Shanghai keeps top spot for 2011
    According to preliminary figures, Shanghai port comfortably retained its position as the number one container hub in the world during 2011 with pro-forma volumes ...
  • MSC to grow UK rail traffic with Freightliner
    MSC has renewed its rail contract with Freightliner in the UK, and looks set to increase its market share significantly. Commenting on just the basic terms of the ...
  • Nigeria is on the brink
    With Nigeria's national strike now in its third day, concerns are growing about the lawlessness that now prevails and the deeper divisions that are manifesting ...
  • Strong end-year growth in laid-up boxfleet
    Unsurprisingly the number of mothballed containerships has spiked in recent weeks as winter season capacity reductions and culled services increased the idled pool ...
  • Moody's slashes Wan Hai's outlook to negative
    Taiwan ocean carrier Wan Hai has had its credit outlook downgraded from stable to negative by Moody's Investors Service due to depressed freight rates, high bunker ...
  • CSA announces 2012 rate restoration regime
    The members of the Caribbean Shipowners' Association (CSA) have announced their rate restoration programme for the coming year. The objective of the plan is to ...
  • India moves to partially open up retail sector
    India's 1.2 billion consumer market will have the opportunity to buy a coffee at Starbucks or a wardrobe at Ikea in a relaxation of legislation announced ...
  • Daly appointed as Safmarine's new ceo
    It perhaps comes as no surprise that Safmarine's new ceo is its current head of the multipurpose vessel division, Grant Daly. He has been with the carrier for 17 ...
  • Zim Line also targets rate increase from Indian sub-continent to Europe
    Zim Line has joined the list of ocean carriers seeking to increase freight rates from the Indian sub-continent to Europe. With effect from February 1, it will target ...

TradeWindsweb site
JANUARY 11, 2012
  • Asset values: It could be worse
    Vessel values in the shipping arena may be in flux but remain well above lows seen by owners of specialised municipal tonnage.
  • ADM wields efficiency axe
    NYSE-listed parent of US bulker owner poised to shed 1,000 salaried workers as it wages war on costs amid market mayhem.
  • Warburg to shed EMGS stake
    Electromagnetic Geoservices at risk of losing support of key shareholder as Warburg Pincus markets major stake.
  • Iran in piracy puzzler
    Security alerts and reports out of Tehran fuel speculation surrounding alleged attack on Iranian chemical carrier.
  • SinOceanic ices fundraisers
    Norwegian containership owner turns to banks and HNA-backed shareholder for cash to finance balance of $465m acquisition.
  • Odfjell's China hattrick
    Bergen-based chemical tanker owner to develop third terminal in China.
  • Dahlman's new tanker hope
    Corrective action by owners will start to cleanse oversupplied market in 2012, investment bank says.
  • Sri Lanka link returns?
    Ceylon Shipping Corp in talks to re-start Indian ferry route after Scotia Prince detained.
  • Impairments unhinge SHIP
    Restis-backed bulker clan takes $200m hit as plummeting asset values overshadow recent rescue package.
  • Philippines ferry grounds
    Besta Shipping's Baleno 5 stuck off Calapan after drifting in strong current.
  • Almi looks for VLCC escape
    Greek owner plans to clear the way for entry into booming LNG sector by reworking DSME orderbook, says Costas Fostiropoulos.
  • STX OSV boosted by Barents
    Singapore-listed shipbuilder primed to profit from game changing Norwegian discovery.
  • Hunter sells out of Baltic
    New York-based hedge fund bins its stake in Peter Georgiopoulos-led bulker owner at almost one third of its IPO price.

The Bunker Bulletinweb site
JANUARY 11, 2012
  • Coast Guard warns of safety risk during fuel transfer
    Russian tanker Renda on its way to remote Alaskan community.
  • Oil lowers after fuel inventories rise
    Crude inventories increased five times more than analysts expected.
  • Bunker prices approaching all-time highs
    Prices at levels not seen since 2008 and just $20 to $40 shy of record.
  • Hong Kong inaction on emissions has been 'stunning'
    'Pollution killing Hong Kong residents is home-grown from trucks, buses, and ships using filthy bunker fuel.'
  • Bunker prices firm in Fujairah
    Prices climb in quiet market.
  • European markets see bunker prices climb
    Weak demand in Hamburg.
  • Petition says cruise lines should stop burning HFO
    European campaign has gathered nearly 50,000 signatures asking cruise ships to 'stop spewing filth' into the oceans.
  • Windy month ups DFDS fuel consumption
    Company says December average fuel consumption was around 10% higher than in November across the fleet.
  • Bank takes 'optimistic' view of demand for shipping
    Liner rates would be 'beautiful' if liner companies had laid off 5%-7% of their capacity.
  • Analysts gloomy on dry bulk sector outlook
    Rates could collapse due to fleet growth, while 'only the strongest' box ship operators will make profit in 2012.
  • Oil giant's new trading arm begins operations
    Aramco Trading will handle sale and purchase of fuel oil and other residual products.
  • IFO prices continue to rise in major Asian ports
    Demand for bunker fuels below average at key Asian ports on Wednesday.
  • MEP: European Commission to get involved in Petroplus dilemma
    British trade union representatives to meet manager of Petroplus Coryton refinery.
  • IFO avails at Far East Russian ports still 'tight'
    IFO180 supplies currently very limited while MGO is tight, say local traders.
  • Moody's lowers Wan Hai ratings to 'negative'
    Depressed freight rates and high bunker costs will continue to weigh on the Taiwanese shipping firm, says Moody's.
  • Emerson updates flowmeter configuration and diagnostics tool
    Tool can simultaneously connect to multiple devices.
  • Extent of fresh oil leak is 'minimal'
    Rena leak comes from 'tens of tonnes' of oil left on board the vessel, says Maritime New Zealand.
  • Istanbul to get tough on 'highly pollutant fuels'
    As maritime traffic increases, Istanbul Development Agency (ISTKA) passes regulation that would enable authorities to measure ship emissions.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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