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Independent journal on economy and transport policy
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January 16, 2012
The Business Timesweb site
Shipping News
  • Baltic Dry Index falls to 11-month low
    The Baltic Dry Index, a measure of costs to transport dry-bulk commodities, fell to an 11-month low as a worsening glut of ships pulled rents below operating costs in the Pacific Ocean.
  • Peak booking season swells Carnival's loss
    The timing of Carnival Corp's Costa Concordia cruise ship's grounding off the coast of Italy, at the start of the peak booking season, may exacerbate the company's losses.

Sched Netweb site
  • Rate increases slow after carriers implement pre-CNY surcharges
  • PSA International 2011 throughput increases 5.6pc to 57.09 million TEU
  • CNC and Hainan Pan Ocean launch south east Asia loop from Tianjin
  • Hutchison's Felixstowe braces for DP World's London Gateway opening
  • Hong Kong tops in economic freedom, but bureaucracy puts standing at risk
  • Korean ports up 11.2pc to 19.36 million TEU, Busan hits 16.14 million TEU
  • Man Capital LLP private equity group acquires OTS Logistics
  • Malaysian customs swoop on two illegal fireworks containers
  • HK Trade Development Council signs DHL Express for HK fashion week
  • Indian air cargo market set to soar in coming years: Frost & Sullivan report
  • Five weekly Shijiazhuang-HK cargo flights launched by Hong Kong Airlines

Exim Indiaweb site
  • Baltic index slides to lowest in nearly five months
  • BIMCO calls for tighter international regulation of shipping
  • Deducing freight cost in the movement of heavy lift ODC packages
  • GE Shipping delivers new VLCC to buyers
  • ICS publishes new flag state table
  • Idle containerships rise to 246 at beginning of year
  • MSC announces rate restoration on India-East Africa, Mozambique trade lanes
  • Softlinks new Live IMPEX meets changing market demands
  • Dumping of low-cost Chinese coated paper affecting domestic producers
  • Spices exports climb 43 pc in value, dip 6 pc in volume
  • Kerala HCs help sought to facilitate installation of scanners at Cochin Port gates
  • Record discharge of NPK at VPT
  • US ports & maritime team to visit India in February
  • Air India looks to quit air cargo business
  • Forex reserves shrink $3.15 bn to $293.5 bn
  • IDMA calls for anti-dumping duties in pharma sector
  • Sugar mills body seeks export permission for another 10 lt
  • Almajdouie moves worlds largest evaporator
  • Maersk Line, Ltd brings first of two project cargo ships under US flag

International Transport Journalweb site
JANUARY 13, 2012
  • Switzerland a European leader for the intermodal shift
    Switzerland leads European statistics for the intermodal shift of freight from the roads to the railways, with transalpine railfreight operations accounting for a market share of m...
  • Toll increases on Scandinavian bridges
    The tolls for the use of the Great Belt bridge in Denmark and the Öresund bridge between Denmark and Sweden have been increased with immediate effect. Vehicles weighing more than 3...
  • Florida rail operator to increase business with trucking partners
    The Florida East Coast Railway (FEC) plans to expand the reach of its intermodal business in 2012 by strengthening its partnerships with large US truckload carriers. A new relay st...
  • Logwin opens Foshan office as expansion in China continues
    Logwin, a global leader in air and ocean freight and logistics services, has opened a sales office in Foshan, in China's Guangdong province. Foshan has a thriving manufacturing sec...
  • Contrans Group acquires Archer Trucking in Canada
    The Contrans Group in Canada has acquired Wilburn Archer Trucking, a dry-bulk trucking business based in Norwood, Ontario. Since 1994 the business has provided specialised transpor...
  • Man Capital acquires OTS Logistics Group
    OTS Logistics Group (OTS), a global provider of logistics services, and funds advised by Man Capital, a private equity group, have announced that Man Capital has acquired OTS, the ...
  • Air Partner introduces door-to-door freight service to Europe
    Air Partner, a leading global airline charter broker, has extended its door-to-door time-definite worldwide freight service, which incorporates its unique so-called red track real-...
  • AMI's US online option a success
    The US arm of Air Menzies International (AMI), one of the world's largest trade-only airfreight and express wholesalers, has celebrated the successful first six months of its new C...
  • Weiss Röhlig acquires JHB Express in Japan
    Weiss Röhlig, a leading provider of logistics services and a JV between Gebrüder Weiss and Röhlig, is continuing to expand its presence in Asia and has acquired JHB Express in Japa...
  • Corpus Christi appoints new port commissioners
    Al Jones, American Bank chairman and CEO, and Charles Zahn jr, a lawyer, have replaced Robert Gonzalez jr. and Francis Gandy jr. on the commission of the port of Corpus Christi TX ...
  • Liebherr delivers 100th harbour crane to Africa
    Liebherr is due to carry out an order soon which will bring it to a major milestone in its history. It will celebrate the delivery of its one hundredth mobile harbour crane to Afri...
  • Lloyd Fonds restructured and free of obligations
    Lloyd Fonds, a leading German closed fund issuing house, has paid a EUR 10 million outstanding loan back to banks, completed its restructuring measures and thus freed itself of all...
  • Boeing and AF-KLM finalise large B787 order
    Boeing and the Air France-KLM Group have finalised an order for 25 Boeing B787-9 Dreamliners, with options. The order was signed in December. The Air France-KLM Group is a long-tim...

Marine Logweb site
JANUARY 13, 2012
  • Matt Nichols back at helm of Nichols Brothers as CEO
  • Drydocks World Dubai to build offshore wind power platform
  • Navy takes delivery of T-AGM 25
  • Rederi AB Transatlantic takes delivery of AHTS
  • Pirates surrender after attacking EU Navfor flagship
  • Major milestone for Seaspan in National Shipbuilding Procurement Strategy Program

World Wide Shipperweb site
JANUARY 13, 2012
  • Port of Everett taps Bearman as new Marina Director
  • Commerce Department report finds US exports drop during November
  • Newport Coast Guard team responds to Yaquina Bay collision
  • First PDX advisory committee meet set for January 19 in Portland
  • US rail freight traffic count posts gains during week

Lloyd's Listweb site
JANUARY 13, 2012
  • TBS and RBS agree terms on transfer of tweendeckers
    No comment on charterback rumours
  • Open the box, or buy bulk?
    Containership deals will continue to hold lustre for Greek owners but more are likely to have bulkers on their wish list in 2012
  • Greek owners tipped to lean towards bulkers in 2012
    Bulk carriers may be on the wish list of more Greek owners, but the ability of owners to actually do deals will again hinge heavily on financing issues
  • Preparing for the inevitable
    A mega box ship casualty could bring a disaster to rival Deepwater Horizon
  • Training needs to go beyond the minimum standards
    One key issue is the manner in which training is conducted
  • Inquiry sparks criticism of US maintenance tax
    Senators have questioned whether US-bound containers are being routed via Canada and Mexico to avoid HMT, but the shipping industry has made a firm response
  • Eurotunnel reveals surprise interest in SeaFrance fleet
    Fixed link operator says it has written to the commercial court in Paris about the vessels, expressing an interest in 'two or three' of the four ships
  • Nigerian oil strike threatens West Africa suezmax earnings rally
    Brokers report not being able to lift subjects on tanker fixtures and delays cause disruption in chartering markets
  • Golar sets new rate high for medium-term LNG charter
    Golar Arctic lands $140,000 per day for three-year deal
  • CMA CGM to step up checks for contaminated reefer gases
    Three workers died last year repairing reefer boxes that exploded
  • Nordic Tankers seeks investor
    Stake in the company would be sold to raise cash for vessel acquisitions
  • US ports sanctions pose hollow threat
    Few vessels heading to US have called in Iran, Syria or North Korea in previous 180 days
  • Japan imports record monthly LNG cargoes
    Winter and reduced nuclear power capacity drives Japanese liquefied natural gas imports
  • Minister hails "constructive" talks on Dover Harbour Board sell-off
    Plan faces fierce opposition across Kent community
  • SocGen joins banks' queue to exit shipping
    But there are few likely buyers for its portfolio, say specialists
  • Australian LNG project gets go-ahead
    Ichthys wins final investment decision as Australia seeks to dominate liquefied natural gas supplies
  • Somali pirates build telecoms mast
    Structure visible on satellite images
  • IG freezes retention rates
    Rates for all vessel types reduced 4%-8.5%
  • Six captured after pirates attack Spanish naval vessel
    Skiff fired on ESPS Patino outside the port of Mogadishu
  • German-flagged fleet falls despite calls for more EU-registered vessels
    Number of 100 gt vessels falls from 572 to 530
  • Drewry tells shippers to prepare for capacity squeeze in late 2012
    Box lines' coffers will leach cash in first half
  • Sleeping giant's nightmare
    Nigeria is beset by tensions between the Muslim north and Christian south, corruption and mismanagement, rampant piracy and now a damaging port strike
  • P&O postpones plan to lay up Pride of Calais
    Retains capacity on the cross-Channel route
  • Holding out for better prospects
    With capesize rates falling dramatically, owners are holding back and eyeing a post-lunar new year rally
  • Banking with Chinese characteristics
    China's banks are moving more slowly than predicted into international shipfinance. This is not a bad thing
  • London market bites back over former MP's piracy claims
    Criminalising ransom payments will not work, says maritime industry
  • General Maritime staff win belated Christmas bonuses
    Chapter 11 restructuring plan due next week

Fairplayweb site
JANUARY 13, 2012
  • Atlantic VLCCs outperform
    SEVERAL tanker stocks have popped this month because of stronger Atlantic Basin demand, Credit Suisse analyst Gregory Lewis said today
  • Relief ships reach Nome
    A RUSSIAN tanker escorted by the US Coast Guard today reached frozen Nome in Alaska with emergency fuel supplies
  • Cable ships begin work
    CABLE-laying ships have begun deploying the Loukkos undersea cable connecting Asilah in Morocco with Rota in Spain, IHS Global Insight reported today
  • Charter extension rates sink
    EVANGELOS Marinakis-chaired Capital Products Partners today announced two charter extensions, at rates sharply lower than previous levels
  • Brittany Ferries reported victimised
    FRANCE'S Brittany Ferries said today it is involved in legal proceedings in connection with reports it was defrauded in a €1M ($1.28M) scam
  • India plans huge LNG push
    DELHI plans to increase capacity for receiving cargoes from LNG carriers to 30M tonnes per year by 2015, from today's from 13M t/y, IHS World Markets Energy reported today
  • US box forecast raised
    RETAILERS bumped up their forecast today for January's US box imports, based on signs of a more resurgent economy
  • Supramaxes, Handymaxes scuttled by weak demand
    WEAK DEMAND in China for iron ore and coal has dashed hopes for a Supramax and Handymax fixture surge before the Lunar New Year holidays
  • Suezmax rates gaining
    SUEZMAX tanker rates have staged gains this week as activity has picked up after the year's quiet start
  • Soggy Queensland finally snaps back
    SHIPMENTS from Queensland coal terminals have finally regained the levels achieved before widespread flooding more than a year ago, IHS McCloskey reported
  • Product tankers hobbled
    PRODUCT tankers are handicapped by a tonnage build-up, with more newbuildings entering, brokers told Fairplay today
  • Golar LNG seals charter
    GOLAR LNG has agreed to charter its LNG tanker Golar Arctic to a Japanese trading firm for three years
  • China's yards raise output
    BEIJING said today its yards delivered tonnage aggregating 76.7M dwt during 2011, a 16.9% increase over 2010
  • Bourbon sets up Dubai drydocking hub
    FRENCH offshore vessel operator Bourbon has set up a new structure in Dubai to manage the drydocking programme of its fast-growing global fleet
  • Box rate rally predicted
    SHIPPING consultancy Drewry expects freight rates to rise sharply in 2H2012, with the untenable rate war forcing carriers to slash capacity

The Journal of Commerceweb site
JANUARY 13, 2012
  • Teamsters Call Off Pipeline Strike
    Teamster pipeline workers are heading back to the job after the union and the Pipe Line Contractors Association struck a...
  • Obama Proposes Creation of Single Trade Agency
    President Obama on Friday announced major changes in the government's business services agencies aimed at making it easier for small...
  • Intermodal Traffic Suggests Strong Restocking
    Intermodal volume for major U.S. railroads fell 9.3 percent year-over-year in the week ending Jan. 7 but rose 17.9 percent...
  • Oil Sends US Trade Deficit to Five-Month High
    The U.S. trade deficit widened 10.4 percent to $47.8 billion in November from October, driven by higher prices and volumes...
  • Trucking Pioneer Don Schneider Dies at 76
    Donald J. Schneider, the former president, CEO and chairman of Schneider National, died Friday after a long battle with Alzheimer's...
  • Virginia Retailers Push State to Collect Taxes From Amazon
    The Virginia Retail Merchants Association says it will urge state legislators this year to require Amazon.com, which will receive $4.3...
  • Genesee & Wyoming Traffic Rises 7.9 Percent
    Short-line rail operator Genesee & Wyoming increased carloads 7.9 percent year-over-year in the fourth quarter, although traffic in December was...
  • Executives Expect More Asian Air Cargo Capacity to Exit
    More Asian air cargo carriers will remove capacity this week year as export traffic remains week, said industry executives. ...
  • When the US Sneezes, Canada Catches Cold
    Shippers looking for improvement in Canada's beleaguered trade and economy might need to wait another year, or even two, as...
  • Risk for Shippers?
    A sudden sharp upward turn in ocean container shipping freight rates that started late in 2011 is catching the industry's...
  • Fact Finding
    The Federal Maritime Commission calls its investigation into the movement of U.S. containerized ocean imports through Canadian imports a "fact-finding,"...
  • Trade Winds Shift at Canadian Ports
    Canadian ports are coming off a modestly good year underscored by changing trade patterns, and expect better or similar results...
  • Canada, in a Rout
    When the Federal Maritime Commission last fall launched an inquiry into containerized cargo moving inland through Canadian and Mexican ports,...
  • Electrolux Says More Shippers Will Buy Capacity Collectively
    Multinational shippers will become more attracted to book shipping capacity collectively using centralized freight procurement systems when ocean rates begin...
  • DB Schenker Buys Finnish Trucking Company
    DB Schenker's recent acquisition of Suomen Kiitoautot, a Finnish trucking company, consolidates the German company's market dominance in the Nordic...
  • Air France-KLM Cargo Faces Cuts in Turnaround Plan
    Air France-KLM's cargo business faces further cutbacks after Europe's largest airline unveiled a radical three-year restructuring to secure long-term profitability....
  • AirBridge Cargo Launches New Europe- China Route
    AirBridge Cargo Airlines is defying the broad cutback in Asia-focused air freight capacity with new service between Europe and Chengdu...
  • Chamber's Donohue Advocates Domestic Energy Expansion
    Chamber of Commerce President Thomas J. Donohue said this week the expansion of oil and natural gas production will put...
  • Frankfurt Airport Freight Falls 6.5 Percent
    Frankfurt's air freight volume is falling faster than business at other European airports as the ban on night flights at...

Containerisation Internationalweb site
JANUARY 13, 2012
  • Unions suspend Nigeria strike
    Talks between representatives of the two union groups and the Nigerian Government are at a delicate stage but appear to be moving in the right direction, given ...
  • Shipping heading towards 'deepwater horizon'
    The container industry will be in deep trouble should a super post-Panamax container vessel start sinking today according to a presentation given at a recent Maritime ...
  • Transnet to buy more locos and build new line
    Transnet SOC, South Africa's state-controlled rail, ports and pipelines company, is investigating new fund-raising instruments for what the government's public ...
  • NITL demands more competitive rail for shippers
    US shipper organisation National Industrial Transportation League (NITL) has requested this week that railroad regulatory agency Surface Transportation Board (STB) ...
  • Japanese Iranian oil embargo in doubt
    Despite US treasury secretary, Timothy Geithner, receiving an assurance from Japan's finance minister yesterday that it would reduce its dependence on Iran for ...
  • US volumes heading for sustained level of growth says Global Tracker
    January US import cargo volumes might currently be flat compared to last year but 'significant' volumes increases are expected in the US trades this spring according ...
  • Portuguese dockers to end strike
    A five-day strike by Portugal's dockers - scheduled to end tomorrow - has thought to have resulted in the delay or diversion of up to 100 ships and caused disruptions ...
  • India's factory output rebounds
    Suggesting its resilience to withstand the European debt crisis, India's industrial production bounced back in November growing by a year-on-year 5.9% versus the ...
  • African economies to advance strongly in 2012
    The latest economic forecasts published by the Washington (DC)-based International Monetary Fund (IMF) make for encouraging reading when it comes to the sub-Saharan ...
  • NZSC calls for focus on productivity in Auckland dispute
    The New Zealand Shippers Council [NZSC] has urged both parties in the Ports of Auckland [PoA] industrial dispute to 'ensure the need for continuing improvements ...

TradeWindsweb site
JANUARY 13, 2012
  • Saverys sells chunk of Clarksons stock
    Marc Saverys-led CMB cashes in shares worth over £8m in London-listed shipbroker.
  • Dry-bulk rates to keep on dropping
    Baltic Dry Index has further to fall and may touch last year's bottom, Jefferies says.
  • JP Morgan cuts Teekay Corp interest
    Investment bank has dumped shares worth over $45m in the New York-listed tanker owner.
  • Zim ready to swing jobs axe
    Israeli container line looking to shed 12% of staff and ask executives to take 10% pay cut.
  • P&I clubs confirm reinsurance cuts
    Ticket to trade a tanker to the US falls 30% with reinsurance tariff down by between 4% and 8.4%.
  • Hyundai Heavy investor sells down
    Compatriot chemical producer banks over $600m for 3.3% stake in Korean giant.
  • Neptune Orient Lines inks debt deal
    Singaporean containership owner finalises financing for bigger boxships under construction at Korean yards.
  • Mipo's solid gold easy action
    Korean yard lines up an expensive paint job, while Peter G might be eyeing a loft conversion.
  • Golar LNG deal another magic marker
    Period charter for Golar Arctic generates another wave of excitement in LNG sector.
  • Baltiysky under pressure over debts
    Sberbank and others file bankruptcy suits against Russian shipyard whose ownership is in limbo.
  • Three years' cheer for Golar
    John Fredriksen's gas carrier company fixes LNG ship to Japan for annual profit of $45m.
  • McQuilling in Asian dry move
    US shipbroker teams up with Singapore's Anglo Asian Shipping in bid to tap local dry bulk market.
  • Greatship tears up another contract
    Second of two support ships on order at Mumbai's Mazagon Dock is cancelled by Indian owner.
  • Sanctions slapped on Zhuhai
    Chinese state-controlled oil trader and major VLCC charterer caught in cross-fire of US-Iran spat.
  • Samsung tipped for profit growth
    Korean analyst says shipbuilder should prosper again as offshore plant orders roll in this year.
  • Kidnapped master tells of "torment"
    Freed captain of tanker Olib G reveals hell of 18 months in captivity, while Georgia denies ransom was paid to pirates.
  • Atwood prices bond issue
    Houston-based drilling contractor set to offer investors 6.5% coupon on planned $450m bond issue.
  • Canned tankers a tasty option
    Greek owner could be quids in if it completes the buy-back of two suezmaxes it had chopped.
  • US imports set to rise in 2012
    Trade body says January container throughput to remain weak before "significant increases" in the spring.

The Bunker Bulletinweb site
JANUARY 13, 2012
  • Week ends with lower prices
    Futures settled at its lowest price since December 21.
  • Progress made on guidelines for mandatory GHG measures
    IMO working group considers correction to EEDI formula and looks to iron out further details at MEPC 63.
  • Meeting increasing bunkering demand in India
    Chennai Port looks to introduce a new barge facility.
  • Absence of LNG bunker standards could be a 'showstopper'
    Report calls for guidelines dedicated for LNG bunkering.
  • Rotterdam prices soften
    Mixed price movements in southern Europe.
  • Small gains in Fujairah
    No product in Durban.
  • Maersk says algae-derived fuel posed 'few problems'
    Shipping line trials new generation biofuel in container ship's auxiliary engines.
  • Early 2012 sulphur data shows surprising results
    DNVPS finds 6.5% of worldwide HSFO bunkered during the first week of 2012 exceeded 3.50% sulphur.
  • Chinese supplier reports climbing sales
    Source says Chimbusco's volumes are up 5.4% year-on-year.
  • New Fujairah terminal ready to start operations
    First cargo for Socar Aurora Fujairah Terminal 'expected within days'.
  • Do you expect counter party risk to become more critical in 2012?
  • Logistics firm invests $2.3 million into operations at Aberdeen
    Plans to build MGO fuel storage, and lease two additional berths at Aberdeen port.
  • Price movements in Asian ports lack direction
    Avails tight in Singapore and Hong Kong.
  • Indian refiner sells 380 cSt cargo at 'high' premium
    February cargo sold at more than double the premium of MRPL's January cargo.
  • US imposes sanctions on oil trading companies
    Kuo Oil, FAL Oil and Zhuhai Zhenrong barred from receiving loans of over $10 million from US financial institutions.
  • Bunker group seeks to increase security of Malaysian waters
    Partners local maritime authority to launch new initiative aimed at intensifying law enforcement at sea.
  • Global Risk Management expands head office
    Sees increasing demand for fuel hedging services, says managing director.
  • WFS arrests vessel over bunker claims
    Bunker supplier targets ship for outstanding amount due by the vessel charterer.

›››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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