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Independent journal on economy and transport policy
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BRIEFS
March 16, 2012
The Business Timesweb site
Shipping News
  • PIL takes stake in Dalian shipyard
    FROM container shipping, Singapore's Pacific International Lines (PIL) has leapt into owning a shipyard for the first time.
  • TSA recommends fresh hike of US$400 per FEU
    A transpacific container shipping group has recommended a new rise in freight rates of US$400 per 40-foot unit (FEU) to take effect on April 15 in a bid to bring up rates from loss-making levels.

Sched Netweb site
  • Transpacific Stabilisation Agreement raises rates US$400/FEU April 15
  • US tells WTO India's chicken embargo over bird flu is 'unjustified'
  • Tianjin container volume increases 5.2pc in first two months of 2012
  • CSAV posts net 2011 loss of US$1.24 billion, revenue falls 1.2pc
  • China Merchants looks to investment opportunities in emerging markets
  • Sacked Auckland dockers harass truckers, non-union men at port entrance
  • Spain's two big unions vote for one-day general strike on March 29
  • DHL 2011 profits up 32.8pc to US$3.18 billion on 2pc revenue increase
  • Panalpina reverses loss in 2010 to post profit of US$138 million last year
  • Spot rates buck up, but cheaper long-term contracts reduce carrier gains
  • US import shipment volume in February declines 17pc: Zepol reports
  • Singapore-based MCC calls at Taiwan in revised intra-Asia loop
  • Black Sea's Novorossiysk improves cargo throughput despite foul weather
  • Port of Houston expands gate automation using optical character reader
  • US claims victory at WTO over EU charges of illegal Boeing subsidies
  • Air France-KLM, Martinair expand joint services to Asia and Africa
  • IATA presses for stronger partnerships across air freight value chain
  • Panalpina gives Huntsville Alabama airport record cargo year, up 32pc
  • Yunnan's Lijiang Airport passes inspection as international hub
  • Average ship capacity in Yangtze River trunk line rises to 1,007 tonnes
  • Fuzhou road cargo volume up 5.4 per cent in first two months

Exim Indiaweb site
  • MOL launches first hybrid car carrier
  • TT Club analysis pinpoints risk hot spots for freight forwarders & logistics operators
  • Pak's MFN status benefits to elude India for now
  • Centre asks coastal states to explore possibility of setting up new Major Port
  • New Mangalore Port handles largest coal parcel size
  • VOC Port surpasses cargo handling target
  • ILFI hails Railway Budget's modernisation proposals
  • Industry welcomes Rail Budget
  • Rlys incur ' 1,144 cr. freight loss due to iron ore ban
  • Rlys to aggressively focus on PPP model
  • Service tax on rail freight may increase rates further
  • Economic Survey expects 6.9 pc growth this fiscal, 7.6 pc next
  • Govt yet to take decision on investments from Pak
  • RBIs mid-quarter policy review keeps rates unchanged
  • Steel Ministry suggests doubling import duty to 10 pc
  • Suspension of export registrations triggers fall in cotton prices

International Transport Journalweb site
MARCH 15, 2012
  • SAA increases service to Zambia
    Starting today (15 March), South African Airways (SAA) is increasing its service on Johannesburg - Lusaka (Zambia) route from 16 to 18 weekly. In addition to the South African Airl...
  • Horizon Lines appoints new vice-president in Puerto Rico
    The US carrier Horizon Lines has selected Richard Rodriguez as its vice-president and general manager for Puerto Rico. In this new role, he will be responsible for all on-island sa...
  • MOL to open new Singapore-Yangon SYX service
    The Japanese shipping company Mitsui O.S.K. Lines (MOL) and Thailand-based Regional Container Lines (RCL) are jointly launching a new service called SYX that will link Singapore an...
  • Spain: CAF's annual returns increase by 13%
    Construcciones y Auxiliar de Ferrocarriles (CAF), a Spain-based market leader in the design, manufacture, maintenance and supply of equipment and components for railway systems, re...
  • DB Schenker offers new intermodal transport capacity between Belgium and Italy
    DB Schenker is now offering new intermodal transport capacity between Belgium and Italy Semi-trailers can travel along the Antwerp (Belgium)-Novara (Italy) route now via intermodal...
  • Elvis AG lands transport contract for medical products
    Elvis AG, a European cargo alliance of global forwarders, has signed a major long-term international transport contract with Paul Hartmann AG. The agreement covers intercompany tra...
  • ICTSI: 2011 net income grew to USD 130.5 million
    Philippines-based International Container Terminal Services Inc (ICTSI) has reported consolidated audited financial results for the year ended 31 December 2011. The service provide...
  • Daimler North America recalling more than 100,000 trucks
    Daimler will recall more than 100,000 trucks in North America because of potentially faulty fuel lines. The recall encompasses models of Daimler's subsidiaries Freightliner, Sterl...
  • Strategic move between Saudia Cargo and Saudi National Shipping Company
    In a strategic move, Saudi Airlines Cargo Co and the National Shipping Company of Saudi Arabia have established a three-year agreement toward freighting NSCSA urgent goods and equi...
  • Heavyweight Air Express reports strong USA growth for Ethiopian Airlines
    Air cargo general sales agent Heavyweight Air Express recently reported its year-on-year traffic results for Ethiopian Airlines Cargo in the U...
  • Gefco is new logistics partner of Alpargatas
    The French logistics corporation Gefco has developed an individual solution for the Brazilian company Alpargatas, a flip-flops manufacturer that created the famous Havaianas brand....
  • Menlo Worldwide granted secure trade partnership by Singapore customs
    Menlo Worldwide Asia Pacific Pte Ltd, the global logistics subsidiary of Con-way Inc, recently received Secure Trade Partnership (STP) certification from Singapore customs. A volun...
  • Toll Group starts to fulfil gas transport and storage contract
    Toll Energy, part of the Australia-based Toll Group, has started to work on a AUD 45 million transport and storage contract, which is part of QGC's major Queensland Curtis Liquefie...

Marine Logweb site
MARCH 15, 2012
  • Spanish shipyard wins order for live fish transport vessel
  • Stolt Valor suffers explosion
  • Coast Guard releases tech package for Offshore Patrol Cutter
  • Wärtsilä inks service agreement with Prestige Cruise Holdings
  • Rolls-Royce wins PSV design and equipment order from Hyunda Mipo
  • LaHood makes $54 million more available for Kings Point construction and renovation
  • Mærsk containership drydocks at Colombo Dockyard

World Wide Shipperweb site
MARCH 15, 2012
  • Trucking group praises Senate for passing transportation bill
  • PlantsPlus moving to Port of Chehalis location
  • NOAA gives Ok to states to kill destructive sea lions
  • Port of Portland taps Nichol as new chief financial officer
  • AAPA schedules conference celebrating centennial anniversary

Lloyd's Listweb site
MARCH 15, 2012
  • Busy US Gulf props up MR product tanker market
    Triangulation cuts costs between Europe, Atlantic and US Gulf
  • No regrets on Ecdis?
    In about four months the phased carriage requirements for the Ecdis will bite
  • Methodology at a glance
    Lloyd's List Intelligence offers comprehensive and transparent assessment of vessel lay-ups
  • One million teu idle by year-end
    Lloyd's List Intelligence expects inactive box ship capacity to hit 1m teu
  • Fears Libya is inching towards a new civil war
    New threat to oil supplies as Benghazi demands regional autonomy
  • Canines trained to sniff out crude oil
    Research shows dogs can detect oil up to 5km away
  • Chemical tankers eye biofuel opportunities
    High oil price could start biofuel boom, London conference is told
  • Has BG Group lost faith in Australia's coalbed methane?
    Decision to sell stake in Queensland Curtis LNG raises questions about extraction
  • Comment: splashing the cash?
    How do a reported rise in shipfinance and Cexim's credit lines scale up?
  • Exclusive: Economou to pull tonnage from Heidmar
    Greek magnate woos tanker charterers
  • Indian steel boom could boost coking coal imports
    But iron ore and steel trades might suffer
  • China deploys more domestic tankers
    Quest for energy security to reduce reliance on Middle East
  • BP investigates charter department bribery claim
    Whistleblower claims senior official took kickbacks for favourable tanker rates
  • The sun also rises for supramax trade
    Earnings rise as nickel ore chartering lifts Pacific market out of the doldrums
  • Sanko vessel sale rumoured
    Sanko Mineral reported sold for $20m
  • Rotterdam World Gateway queries ECT court action
    Consortium seeks answers over pending €900m compensation claim
  • Pacific lines plan third rate increase
    April rise brings total hike to $1,100 per feu
  • Essar will carry Iranian crude as long as viable
    Ramakrishnan also rejects criticisms of Indian protectionism
  • Slow support
    Despite appearances, new lending for shipping is on the rise, mostly from Asia
  • EU may relax Iran insurance ban
    Decision unlikely before April as July sanctions loom
  • Don't ban the cheap stuff
    Fuels with higher sulphur content may still be useful as prices continue to rise
  • Ministers disagree on proposals to ban high-sulphur fuel in Europe
    Shipowners would be forced to buy more expensive fuels if 3.5% content limit is agreed
  • Klein to head Blue Star
    Former chief of Germanischer Lloyd will lead shipmanagement giant
  • Eagle prepares for life after Korea Line
    Talks continue but 13 ships may exit original charters
  • Exclusive: China Eximbank pledges $20bn to Cosco and China Shipping
    Bank extends credit lines to state-owned conglomerates
  • Sanko turns to out-of-court debt restructuring
    Alternative dispute resolution seeks consensus
  • ISC agrees sale of two car carriers
    Deal with NCC to pay debt
  • 'Turbulent' year drives down Boskalis profits
    Delayed investment decisions squeeze dredging firm's margins
  • Ship lending defies downturn
    Intriguing data suggests fewer funds from Europe offset by increase from Asia
  • Korea Line non-payment adds to Eagle Bulk woes
    Crunch-time for supramax specialist after loss-making 2011

Fairplayweb site
MARCH 15, 2012
  • P&I shift on Iran ahead?
    THE EU might review its hard-line strategy regarding P&I cover for vessels calling in Iran, a shipping analyst says
  • UK slips summons to Russia's big banana
    VLADIMIR Kekhman, controlling shareholder of Russia's biggest banana trader JFC, has been summoned to face contempt charges in the UK High Court
  • Eagle shares under pressure
    SHARES of NASDAQ-listed Eagle Bulk are falling today after the company offered no concrete guidance on its debt restructuring
  • Upside seen for offshore
    DNB BANK analyst Kay Lim said today stocks of offshore companies can still build on their recent price growth
  • India iron ore fixtures rise
    INDIAN iron ore fixtures have surged to a 2012 high as authorities cut rail freight charges to boost shipments, drybulk consultancy Commodore Research said today
  • VLCC owners hail surge
    OWNERS of VLCCs finally have cause for cheer, with rates surging because of a rush to cover loadings for the first 10 days of April
  • Jinhui's profits fall 29%
    JINHUI Holdings today said its net profits for 2011 dropped to HK$259M ($33M), 29% down on a year earlier
  • Study warns of Oz proposal's cost
    PROPOSED changes to Australian shipping laws would increase drybulk freight rates by up to 16%, according to new economic modelling
  • Clock ticks for Eagle
    NASDAQ-listed Eagle Bulk, which is nearing a deadline on its bank negotiations, has revealed that Korea Line is "not performing" under its charter agreement

The Journal of Commerceweb site
MARCH 15, 2012
  • LA Mayor Villaraigosa on Port's Carbon Footprint, Competition (Video)
    Mayor of Los Angeles Antonio Villaraigosa details how the port has become an industry leader in cutting its carbon footprint...
  • CP to Haul Additional 2 Million Tons of Frac Sand
    Canadian Pacific Railway will haul an additional 2 million tons of frac sand annually through a recently signed multiyear agreement...
  • Cargo Transport Via Waterways is Most Fuel-Efficient, Says Study
    Water transportation remains the most fuel-efficient way to transport goods, according to a new report from the Texas Transportation Institute....
  • US-South Korea Trade Pact Takes Effect
    The U.S.-Korea Free Trade Agreement took effect Thursday, giving American exporters greater access to the South Korean market. ...
  • UP Names Butler VP, Marketing and Sales
    Union Pacific Railroad tapped Eric Butler as vice president of marketing and sales, succeeding Jack Koraleski, who has taken the...
  • Guinness Shipments to US Soar 244 Percent
    Irish brewer Guinness is tapping a deep thirst in America, with U.S. imports of Guinness's trademark Irish stout soaring 244...
  • Lufthansa Cargo Tallies Second-Best Annual Profit
    Lufthansa Cargo's operating earnings fell to $326 million in 2011 from a record $406 million in 2010, but it was...
  • XPO Logistics Boosts Stock Offering, Sets $15.75 Share Price
    XPO Logistics increased its public stock offering by 2 million shares Thursday, putting 8 million shares of common stock on...
  • ICTSI to Operate New Terminal in Nigeria
    Global port operator International Container Terminal Services Inc. has been selected to operate a new container terminal near Lagos, Nigeria....
  • Maersk CEO: Ocean Carriers Have Idled 5 Percent of Fleet
    Container shipping lines have idled about 5 percent of global fleet capacity, or 800,000 20-foot equivalent units, as demand for...
  • Expansion in the Works at Indonesia's Tanjung Priok
    The controversial state-owned winner of a contract to expand facilities at Indonesia's Tanjung Priok says container handling capacity will double...
  • Long Beach Container Volume Declines
    Container volume in February at the Port of Long Beach declined 15.2 percent year-over-year. Imports from Asia were affected by...

Containerisation Internationalweb site
MARCH 15, 2012
  • Tanzania Revenue Authority introduces ECTS
    On March 12, the Tanzania Revenue Authority (TRA) introduced an electronic cargo tracking system (ECTS) covering all goods transported in both containers and loose ...
  • Dr Klein to manage Blue Star Holding
    Dr Hermann Klein has been appointed chief executive officer of Blue Star Holding, the company currently being set up to manage the combined fleets of E.R Schiffahrt ...
  • ICS 'impressed' with India's piracy strategy
    That was the message coming from the International Chamber of Shipping's [ICS] director of external relations, Simon Bennett yesterday, who was attending the first ...
  • South Africa's 2012 trade in positive territory
    Figures recently published by the South African Government suggest that from a trading perspective this year will be stronger than in 2011, but that progress could ...
  • CMA CGM to increase more rates
    Financially challenged CMA CGM has declared its intention to increase freight rates in the tradelane from Western Asia (Indian Subcontinent and Mid-East Gulf) to ...
  • 10% jump in US imports underscores TSA's ambitions
    According to the latest monthly report by Global Port Tracker [GPT], March imports into the major US retail ports are expected to increase by 10%, versus the same ...
  • TSA presses for yet another rate rise
    Members of the Transpacific Stabilization Agreement are planning to raise freight rates in the Asia/US tradelanes by another USD300/FEU from April 15. It will be ...
  • ILWU Canada president: USEC labour negotiations 'blue print' for North America
    The US East Coast labour contract negotiations due to take place later this month could set a 'blue print' for North America and impact on labour relations in Canada, ...
  • Felixstowe's new rail terminal a step closer
    The construction of Felixstowe's new North Rail Terminal formally commenced yesterday. Once completed in the middle of next year, it will significantly increase ...

TradeWindsweb site
MARCH 15, 2012
  • Tanker stocks ignite
    Frontline and OSG enjoys double-digit gains as spot rally fuels Wall Street revival but analyst fears surge will be short lived.
  • Heidmar mum on pull-out
    Rumour mill shifts into high gear as George Economou is linked to plan to transfer pooled tankers to Cardiff Marine.
  • Timeline tightens
    Gelso M owner says fuel removal is paramount as probe reveals "significant damage and flooding".
  • Eagle downed and falling
    Cantor Fitzgerald brands Nasdaq-listed owner a sell with its shares already in reverse.
  • Allied battle escalates
    Embattled operator mum on talk of restructuring as Norwegian bulker owner joins claimaint queue.
  • CSDC earnings hit
    Chinese tanker and bulker owner still firmly in the black for 2011, but rising costs hurt its margins.
  • JES profit jumps
    Singapore-listed shipbuilder sees its full-year bottom line take flight as second yard spurs revenue.
  • Sanko checks into rehab
    Japanese authorities approve ailing operator's request to seek shelter under alternative dispute resolution system.
  • Comma costs owner dear
    Lou Kollakis set to pick up the loss of hire bill for panamax bulk carrier seized by pirates.
  • Brooklyn Bridge bashed
    Tug captain to be questioned over crane scrape that left 50-foot hole in New York landmark's scaffolding.
  • Boskalis pins Concordia cost
    CEO Peter Berdowski says salvage fee for stricken cruiseship will comfortably pass EUR 100m.
  • Carnival invests in Mexico
    US cruiseship owner to spend more than $150m on new terminals in Cozumel and Baja California.
  • BP investigates bribery claim
    Whistleblower claims senior executive received backhanders for uncommercial tanker chartering deals.
  • Klein to head German giant
    GL man brought in to run merged operations of ER Schiffarht and Komrowski, now Germany's biggest shipping company.

American Shipper - Ocean newsweb site
MARCH 15, 2012
  • Transpacific lines seek April 15 rate hike
  • CMA CGM raising rates on several trades
  • Hanjin Logistics opens 3 offices
  • International Shipholding sells 2 PCTCs
  • MOL appoints agent for Romania, Ukraine
  • Purolator International names Routledge VP sales
  • Indian 3PL market set to boom
  • Aramex enters Korean market
  • Senate passes two-year highway bill
  • XPO Logistics increases stock offering

The Bunker Bulletinweb site
MARCH 15, 2012
  • International trade in need of unified climate policy
    'If countries want to trade with each other, they need to realise that it is necessary to talk the same language when it comes to emissions control.'
  • Trucks to pump out fuel and residue from grounded vessel
    Sources confirm that trucks are being transported to site which will be used in process of pumping out oil and residues.
  • Fujairah plans to significantly boost fuel storage capacity
    Port will raise tank capacity to 10 million cubic metres by 2014.
  • IFO prices softening in northern Europe
    Hamburg LS avails 'tight', a player told Bunkerworld.
  • Prices soften in Fujairah bunker market
    South African prices largely stable.
  • Complaint against bunker operations fails to win EC support
    Commissioner for the Environment sees 'no evidence' that Gibraltar is breaching EU rules.
  • Commodity trader aims to become global bunker supplier
    'We are building a global bunker business, based on controlled intelligent growth with a high level of service,' says Tolson.
  • Russia fuel oil taxes could jump by 50%
    Sources say export duty could rise to $415 pmt.
  • Fuel oil stocks at 11-month high
    Arbitrage volumes surge while demand stays weak.
  • Supplier's new website includes contract and quotation forms
    Total Marine Fuels says 'everything has been brought up to date.'
  • Price movements mixed in Asian bunker markets
    No supply issues in key Asian ports.
  • New bunker trader joins Dan-Bunkering
    Kaseem Damilare Ayanlola will be based at the company's Copenhagen office.
  • South China fuel stock sees slight increase
    Inventories improved to over 1.3 million mt in the week ended March 14.
  • Slow steaming reaches 'optimal' level
    Surplus of boxes, ships will be around for 'quite a while', says Rickmers Maritime Trust Director Lim How Teck.
  • European ports 'satisfied' with EU moves on sulphur
    Ports applaud support for use of 'scrubbers.'
  • O.W. Bunker restructures Northern European trading division
    New regional management structure will see changes at firm's Aalborg, Copenhagen, Hamburg, UK and Russian desk.
  • BLT seeks to extend court order protection in US
    Applications in US court will ensure 'similar protection' of an order that prevents the arrest of its vessels in Singapore, it says.

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