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Independent journal on economy and transport policy
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BRIEFS
August 22, 2012
Sched Netweb site
  • MOL to raise 50pc capacity of its Japan-Indonesia-SE Asia service
  • Singapore's APL to quit Westbound Transpacific Stabilisation Agreement
  • Shipping industry faces sea change as bigger box ships ply all trade lanes
  • MSC declares it will stop all services to Iran to comply with sanctions
  • United States cracks down on petroleum product trade to and from Iran
  • Hapag-Lloyd reduces quarterly loss on 21pc higher revenue, improved rates
  • Maersk pulls back from reefer sector due to high investment, low return
  • Fujian's seven-month box throughput grows 9.9pc to 5.79 million TEU
  • China's transportation network to hit 4.9 million kilometres in three years
  • Shanghai to introduce measures to create world class express business
  • Damco first half pre-tax profit rises 42pc to US$51 million, sales up 12pc
  • Indian major port April-July container volume flat at 2.62 million TEU
  • AP Moller's Lagos container terminal set to handle 720,000 TEU this year
  • Port of Baltimore handles record US$51 billion worth of cargo in 2011
  • Hot sauce spill at FedEx Memphis cargo hub results in 102 needing treatment
  • China Southern's July air cargo volume climbs 9.1pc to 98,000 tonnes
  • SIA Cargo adds Sao Paulo to destinations of scheduled freighter flights
  • West Atlantic plays role in Airbus abandoning its A320P2F conversions

Exim Indiaweb site
AUGUST 21, 2012
  • Caravel Logistics launches new feeder service through Port Pipavav
  • Container equipment fleet surges in 2011
  • Emirates Shipping Line launches Far East-Gulf Express service
  • JBS Academy conducts 'Ship Draft Survey' training at APSEZ
  • Kandla Port emerging as global logistics hub: Dr Vaghela
  • Major Ports handle 5 pc less cargo in April-July period
  • New Mangalore Port, MRPL set to get SPM boost
  • US Customs unsure of 100 pc box inspection at ports
  • SBI opens branch at Arshiya's FTWZ in Mumbai (Panvel)
  • Exports may perk up in Sept.: Sharma
  • Exports may slip below $ 300 bn in FY13: Assocham
  • Extractors urge govt to cut duty on oilmeal imports
  • Import duty on power gear inadequate: BHEL
  • INR recovers on fresh dollar selling
  • Sharma to resolve widening trade deficit issue with China
  • SME exporters earn high profit margins: Crisil
  • World economic recovery suffers fresh setbacks, ICC/Ifo survey shows

International Transport Journalweb site
AUGUST 21, 2012
  • OAG Cargo gets new vice-president
    OAG Cargo, a specialist for the supply of data and information products for the global aviation industry, has selected Alv Hill as interim executive vice-president. The appointment...
  • More rest areas in Australia
    Regular users of the Bruce Highway between Howard and Childers in Queensland (Australia) now have the opportunity to use a new government-built rest area on the southbound lane. On...
  • U.S. Xpress and Maritime-Ontario launch North American shipping partnership
    U.S. Xpress Enterprises, a leading provider of transportation services throughout North America, and Maritime-Ontario Freight Lines Limited (M-O), a top Canadian freight carrier, h...
  • More Mahan to Malaysia
    Exactly one week ago, Iran's Mahan Air commenced scheduled flights between Teheran and Kuala Lumpur. The airline is initially operating two weekly services (due to bilateral freque...
  • CN to invest USD 35 million in Wisconsin
    The North American railroad CN and Superior Silica Sands have signed a multi-year agreement to move frac sand from a new processing plant now under construction in northern Wiscons...
  • Siemens supplies signalling for new line in Algeria
    The rail automation specialist Estel RA, a joint venture of the Algerian national company for rail transport (SNTF) and Siemens has been mandated by Algeria's national railway inve...
  • Korean Cargo brings B747F back to South America
    Korean Air Cargo once again began to operate a Boeing B747 freighter service to South America last week (week 33). The aircraft is routed via Lima (Peru) and Sao Paulo Viracopos (B...
  • Air Astana increases service to Delhi and launches Beijing route
    Starting today, 21 August 2012, Kazakhstan-based Air Astana is increasing its Almaty - Delhi service. It now operates this route five times a week instead of three. Starting on 25...
  • Yusen Logistics now active in Bangladesh
    Yusen Logistics has established operations in Bangladesh which will open for business on 15 October. The company stated that Bangladesh, among the "Next 11" emerging econ...
  • TNT Express: road delivery for Tencent in China
    TNT Express has signed a deal to become the primary road delivery service provider in China for Tencent, one of the country's largest internet service companies. Under the agreemen...
  • AEB selects new general manager for Asia-Pacific
    AEB (Asia Pacific) Pte Ltd has appointed Thomas Halliday as its new general manager. He will be based in Singapore and is to focus on growth across APAC region. Halliday, who was m...
  • Hapag-Lloyd names new vessel "Hamburg Express"
    The Hamburg (Germany)-based shipping company Hapag-Lloyd held a ceremony at the HHLA Container Terminal Altenwerder (CTA) to name its first 13,000 teu vessel "Hamburg Express" on ...

Marine Logweb site
AUGUST 21, 2012
  • FPSO conversion starts at Brazil's former Ishibras
  • Chouest to hire 250 to 500 employees for LaShip shipyard
  • USMMA gets "space" ship for training
  • Conrad Industries adds to backlog
  • Imtech system nominated for innovation award
  • Kvichak delivers utility vessels to Superior Energy
  • Cummings urges Obama to support Jones Act in SPR draw down

World Wide Shipperweb site
AUGUST 21, 2012
  • Columbia River Crossing added to President's We Can't Wait list
  • Crowley rejoining tanker trades with purchase of new Jones Act ships
  • World Trade Center Tacoma schedules annual Globe Awards
  • Trucks earn safety stickers at Port of Tacoma workshop
  • Coast Guard teams with National Guard in Columbia River training exercise

Lloyd's Listweb site
AUGUST 21, 2012
  • Global aframax earnings fall to lowest point so far this year
    Baltic Sea earnings hit lowest point on record despite slow steaming in the region picking up
  • IMO gears up for critical nickel ore meeting
    Safety concerns rekindled by Vinalines Queen casualty
  • Can test is not reliable
    Trade association insists there is no rough and ready way to check safety
  • Chinese coal demand faces stormy prospects
    Steam coal imports have defied drop in power consumption - but for how long?
  • MSC Flaminia to be inspected before sailing into German waters
    NSB has yet to confirm which port will accept stricken boxship
  • Jury is out on South Korean government shipyard finance boost
    Policy may not be easy to implement
  • Five-year-old capesizes and VLCCs worth the same on dollar per dwt
    Baltic Exchange's sale and purchase assessments show continued decline in values
  • MSC Flaminia gets help from Germany
    Agreement to take stricken boxship in German waters raises questions over selection of place of refuge
  • Colombia resumes coal exports as rail workers end month-long strike
    Dispute halted some 4m tonnes of bulk movements
  • Burden of Seychelles piracy trials must be eased, says UK report
    House of Lords also warns on transferring pirates back to prisons in Somalia
  • Rongsheng results reveal slump in cash reserves
    Updated: Efforts to retain orders by extending order deadlines hit cashflow
  • Iron-ore market loses faith in swift demand recovery
    Price of 2013 futures falls below $100 per tonne
  • Dover sees fall in haulier demand
    Port facing privatisation reports dip in freight and passenger traffic
  • Torm's losses and debts deepen
    Weak market increases owner's second-quarter loss
  • Shipbuilder P+S to file for insolvency
    State aid is insufficient for German group's rescue plan, says company chief Rüdiger Fuchs
  • Crowley buys Jones Act product tanker pair from Aker Philadelphia
    Shipyard relieved after $250m deal for speculative newbuilds
  • Drewry sticks to 6% growth forecast for box terminals
    Annual report says emerging economies will show strongest increase, with container demand 'quite flat' in Europe and little growth in North America
  • James Fisher reports strong growth
    Group buoyed by 'robust' demand for specialist technical and offshore units
  • Raveh to step down from Zim
    New chief financial officer to be announced in days
  • Navios Acquisition posts loss despite soaring revenues
    Angeliki Frangou contrasts tanker company growth story with struggling peers
  • Experts urge Nigeria to rethink its stance on private maritime security
    Contracts that generate interest and controversy are a 'double-edged sword'
  • Nigerians hold the solution to piracy and oil theft
    Focus needs to be on answer that is not security dominated but one that involves the community
  • GasLog remains bullish despite loss
    Revenues will quadruple by 2015 as LNG fleet expands
  • Privalov to face criminal charges over Sovcomflot role
    September date set for $67m misappropriation hearing
  • DSF benefits from international bank withdrawal from ship finance
    Copenhagen financier will support credit-worthy Danish interests
  • Recession in Europe weakens DFDS results
    More turbulence ahead as 'difficult' cross-Channel start-up faces new competition
  • Pirates' monsoon washout
    Attacks on ships are way down thanks to strong winds, heavy rain and big waves - but let's see what happens when the sea calms down

Fairplayweb site
AUGUST 21, 2012
  • Breaking prices surge
    INDIAN breakers were about the only ship recyclers in action last week, with Bangladesh and Pakistan celebrating the end of Ramadan
  • Browse to be floating scheme?
    ROYAL Dutch Shell has bought Chevron's interest in the Browse LNG scheme in Australia, which could become a floating project, IHS World Markets Energy reported today
  • Jiangnan HI's profits drop by 87%
    CSSC TODAY said profits dropped by 87% year on year in H1 of this year at its Shanghai-listed subsidiary Jiangnan HI
  • Navios raises tanker cover
    ANGELIKI Frangou's tanker company Navios Acquisition today reported further progress in securing long-term charter coverage
  • Havila issuing $89M in bonds
    HAVILA Shipping, the Norwegian offshore service vessel owner, said it is issuing 500M kroner ($89M) in bonds
  • GasLog touts LNG fundamentals
    NYSE-listed GasLog, the newest entrant to the US public markets, today forecast continued LNG strength, driven by project developments
  • TORM loses five times more
    TORM SAID today its interim losses for 2Q12 were more than five times those of the previous-year period
  • Korea Line issues shares
    KOREA Line issued 653,143 shares today to several companies that include some of the restructuring group's creditors
  • DFDS issues profit warning
    DFDS, the listed Danish ferry and logistics company, has issued a profit warning after reporting a sharp drop in 2Q12 profits
  • Indonesian coal lifts Panamaxes, Supramaxes
    A RISE IN Indonesia's thermal coal fixtures has injected more business into the Asian Panamax and Supramax market
  • VLGC rates reach 2012 high
    FREIGHT rates to ship LPG on the benchmark Persian Gulf/Far East route have hit a 2012 high of $77.219/tonne
  • Yard resales rule bulker S&P
    BUYERS are exploiting lower asset prices, producing another fruitful week for Chinese yards that are holding cancelled newbuilding orders
  • RSHI profits fall (just) 82%
    OUTSHINING other yards in China, Rongsheng HI today unveiled profits of 216M yuan ($34M) for the first six months of the year
  • GO unveils slip in profits
    GOLDEN Ocean, the listed drybulk group in John Fredriksen's business empire, predicted today that tonnage oversupply is likely to delay a major freight rate recovery
  • Trans-Pacific box rate gains gone
    TRANS-Pacific box rates have dropped off since posting substantial gains, suggesting the third-quarter peak season remains fragile

The Journal of Commerceweb site
AUGUST 21, 2012
  • MSC Flaminia to Be Towed to German Anchorage
    The fire-damaged container ship MSC Flaminia will be towed to a sheltered anchorage in German waters for evaluation before it...
  • BlueGrace Named Fastest-Growing Logistics Operator
    BlueGrace Logistics, Riverview, Fla., increased its revenue 7,368 percent over three years to $63.6 million in 2011, making the Florida-based...
  • Kings Point to Get New Training Ship
    A ship used for recovery of solid-fuel rocket boosters from the space shuttle will be converted for use as a...
  • DFDS Slashes 2012 Earnings Guidance
    Denmark's DFDS cut its 2012 earnings guidance after Europe's largest short-sea shipping and logistics group's second quarter profit slumped amid...
  • Taiwan, Thailand Downgrade Export Forecasts
    The Asian export outlook continues to weaken, according to the latest export forecasts from Taiwan and Thailand. Taiwan export...
  • China Ports' TEU Share Hits 30 Percent
    China's container ports now handle 30 percent of international container volume, which has more than doubled in the last decade,...
  • NYK Line Sets Oct. 1 Atlantic Rate Increase
    NYK Line said it will implement an Oct. 1 general rate increase for trans-Atlantic cargo. The increase will...
  • Crowley Buys Two Jones Act Tankers
    Crowley Maritime Corp.'s petroleum and chemical transportation group has purchased two 45,800-deadweight-ton tankers Aker Philadelphia Shipyard has been building on...
  • Derailed CSX Train Kills Two Outside Baltimore
    A CSX Transportation train hauling coal derailed shortly after midnight Tuesday outside of Baltimore, killing two women who were on...
  • Carriers Won't Fight APM's Virginia Bid
    Mediterranean Shipping Co. and CMA CGM say they no longer object to a proposal by APM Terminals to take over...
  • Caravel Logistics Launches India-Mideast Feeder Link
    Caravel Logistics has launched a feeder link between India and the Middle East. From Port Pipavav on India's west...
  • HKIA Extends Year-Over-Year Decline
    The world's largest freight airport saw a slight month-on-month increase in volume during July, but growth compared to 2011 remained...
  • Emirates Shipping to Launch Far East-Gulf Service
    Emirates Shipping Line plans to expand its intra-Asia service network by buying slots on the Pacific South & Gulf Service...

Containerisation Internationalweb site
AUGUST 21, 2012
  • Zim Line's CFO resigns
    It has been announced that Zim Line's much-liked chief financial officer Allon Raveh (in photo) will leave the company by the end of the year. No replacement has ...
  • Angola to invest in Cabinda
    Angola's Minister of Transport has announced that the government is prepared to spend USD1 billion over the next five years on improving port infrastructure in ...
  • Russian trade hits the rocks
    Russian ports joined the rest of Europe in terms of declining container cargo growth in the first half of the year. St Petersburg's growth reached just 1.5% compared ...
  • Wan Hai and MOL merge Intra Asia loop as volumes in SE Asia/Japan jump
    Taiwan's Wan Hai Lines (WHL) has announced that it is merging its New Super 1 (NS1) service with MOL's CHS3 sling, creating for both more capacity and a wider geographical ...
  • Tacoma's volumes soar on back of new GA string
    Container volumes through the US Pacific Northwest Port of Tacoma have soared by 20% year-on-year on the back of the new Grand Alliance (GA) service that it won ...
  • China's growth under pressure
    That was the stark message given by Chinese Prime Minister, Wen Jiabao, at the weekend. He said that the nation's economy was 'under pressure' and that it is facing ...
  • Lords change view on armed guards
    The UK's House of Lords EU Committee for External Affairs has published a follow-up report on Somali piracy in which it says that it has 'changed its view on the ...
  • MSC Flaminia: set to enter German waters

TradeWindsweb site
AUGUST 21, 2012
  • CMA CGM beefs up board
    France's largest containership operator has recruited three career politicians to join its board of directors.
  • CSDC scraps again
    China Shipping Development has continued its scrapping drive after selling one of its ageing bulkers to be chopped up in its homeland.
  • Navios narrows deficit
    Angeliki Frangou's Navios Maritime Acquisition posted a second-quarter loss Tuesday despite a 38% surge in revenue.
  • Farstad rues oversupply
    Norway's Farstad has lamented the rapid increase in the number of platform supply vessel newbuilds hitting the water.
  • Germany pulls the plug
    Cash-strapped German shipbuilder P+S Werften is filing for insolvency after the state pulled the plug on rescue funding.
  • CSDC record ended
    China Shipping Development has chalked up its first half-year loss as a listed company.
  • Boa charter chopped
    Singapore's Emas AMC is not extending its charter of a BOA OCV deepwater subsea vessel.
  • Floatel firms Keppel rig
    Floatel has firmed up a contract with Keppel FELS for a $315m accommodation rig.
  • Privalov stands trial
    Sovcomflot's former London chief Yuri Privalov is to face court action in Russia on charges of embezzling $67m of the company's cash.
  • Raveh leaving Zim
    Zim CFO Allon Raveh is to leave at the end of the year, with a successor due to be announced within days.
  • GasLog on the nose
    GasLog has again promised to pay a dividend by the end of the year after hitting Wall Street forecasts on the nose in the second quarter.
  • Fun on the Fringe
    Shipping is not a laugh a minute right now so we have borrowed a one liner from the funniest man at the Edinburgh Fringe Festival to help brighten up your day.
  • MEO surge goes on
    Miclyn Express Offshore has completed a stellar full year thanks to its rapid expansion.
  • Doychev freed
    Bulgarian shipowner Doychin Doychev has been released from police custody after an initial hearing in his drugs-bust case.
  • Fire hits German bulker
    Firefighters have tackled a small blaze on an Oldendorff Carriers bulker in New Zealand.
  • Rongsheng rocked
    China Rongsheng Heavy Industries laid bare the challenging picture for the Chinese shipbuilding market after seeing its first half profit collapse.
  • End of the road
    A 1974-built cargo ro-ro has been put up for sale by its Fijian owner.
  • DFDS sees headwinds
    Danish ferry operator DFDS has dimmed its full-year forecast after making a difficult start to life in the English Channel.
  • Havila hits the mark
    Havila Shipping has finished its latest trip to the bond market more than $80m to the good.
  • CNOOC adds one
    Chinese oil company CNOOC has ordered an offshore installation ship at a CSSC shipyard.
  • Tanker gains for Fisher
    UK shipping group James Fisher has posted a bigger profit in the first six months as its small products tankers enjoyed a spot-rate boost.
  • Torm loss deepens
    Torm continued to burn cash in the second quarter as it fought to remove the financial black cloud hanging over its head.
  • Mixed for GOGL
    Norwegian bulker owner Golden Ocean (GOGL) has survived a weaker second quarter to turn around its loss over the first six months.
  • Cape pair head for demo
    Two more early-1990s capesize bulkers look to have been sent for demolition in the face of poor freight rates.
  • Aegean eyes Hong Kong
    Aegean Marine Petroleum Network plans to expand its global network by establishing operations in Hong Kong.

American Shipperweb site
AUGUST 21, 2012
  • ILA protests military cargo handling in Charleston
    The union contends the Marines are allowing Jacksonville, Fla.-based Portus Stevedoring Co. to move its military cargo operation from Jacksonville to Charleston to bypass the use of ILA workers in Charleston.
  • BlueWater Reporting to release West Coast port call analysis
  • Manhattan provides growth to Fantastic Holdings
  • Report: Sustainable supply chain to benefit food shippers
  • Drewry: 800 million TEUs in global throughput by 2017
    Nearly one in three TEUs on a global basis is now handled at a Chinese port, compared to 19 percent in 2002. Meanwhile, global container volume rose to 588.8 million TEUs in 2011, compared to 279.3 million in 2002.
  • Emirates joins Asia-Mideast leg of GA/Hanjin loop
  • Low water stalls Mississippi barge traffic
    The Army Corps of Engineers is trying to dredge the river channel in areas to keep commodities flowing, but many shippers complain they have to ship lighter loads to ensure vessels don't hit bottom.
  • Flaminia owner hopes to enter German waters
  • Cadec extends performance management scorecards
  • MSC raises Med-U.S. rates in October
  • New international maritime labor regs ratified
    The ILO Maritime Labor Convention (MLC) was recently ratified by Russia and the Philippines, meaning the required 30 ILO member states had approved the international regulation. It goes into effect from August 2013.
  • CSX derailment near Baltimore kills 2
  • Washington Notebook: FDA's F.U. inspection sounds worse than it is
  • Crowley adds 2 new Jones Act tankers
  • Registry for U.S. apparel, footwear suppliers
  • Zim CFO to leave at year's end
  • CMA CGM adds 3 directors

The Bunker Bulletinweb site
AUGUST 21, 2012
  • Bominflot expands Mediterranean operations
    Company has extended its Spanish supply operation to the Ports of Alicante and Castellon.
  • Containerships set to become ever larger
    Average capacity has increased 25% in the last four years.
  • Market mainly firm in Fujairah
    Suez prices lack direction.
  • Markets lack direction in North West Europe
    No congestion in Rotterdam.
  • Noble Group declines to comment on Tolson departure
    Source says it is 'business as usual' at Singapore office.
  • Contract for LNG bunkering report goes to Germanischer Lloyd
    Study will help in the drafting of EU-wide standards.
  • Shipbuilder sees profits collapse
    But Rongsheng predicts 'enormous demand' for fuel-efficient vessels when recovery beings.
  • Bunker prices show little movement in Asian hubs
    Supplies of bunker fuels were fine at key Asian ports on Tuesday.
  • American scientists discuss alternative bunker fuel
    Material releases 15% lower soot-like particulates with 26% lesser nitrogen oxide emissions.
  • Scottish ferry operators order fuel efficient thrusters
    Vessels to be fitted with Rolls-Royce thrusters at Cammell Laird shipyard.
  • Titan court hearing adjourned to early September
    Extension granted by Bermuda court after inital hearing of SPHL's petition on August 16.
  • Hong Kong supplier takes 'cautiously optimist approach' for 2012
    Credit risk 'an area of concern', says Chimbusco Pan Nation Petro-chemical spokesman.

›››File
FROM THE HOME PAGE
Bimco, ICS, Intercargo and Intertanko condemn attacks on ships and seafarers in the Strait of Hormuz
London
Call for an immediate cessation of attacks
The Swiss Federal Council proposes extending subsidies for rail freight traffic through the Alps until 2035.
Bern
From 2027 to 2035, 486 million francs would be paid out
So far the number of ships leaving the Persian Gulf is 6-7% of those transited a year ago
Paris
AXSMarine: No Signs of a Long-Term Reopening of the Strait of Hormuz
Global Ports Holding in talks to manage cruise port in St. Vincent and the Grenadines
Istanbul
The terminal currently records an annual traffic of approximately 200 thousand passengers
Investments in Taiwan's ports amounting to 1.8 billion dollars are planned for the period 2027-2031.
Taipei
At the end of the five-year period, annual container traffic is expected to be equal to 15.5 million TEUs
US forces hit a third vessel in the Gulf of Oman
Tampa
The "Jalveer" is said to be carrying a cargo of Iranian oil.
ALLRAIL, CER, ERFA, FEPORT, FTE, UIP and UIRR present their proposal for the European Railway Platform
Brussels
The aim is to ensure market representation from the very beginning of the new European rail capacity governance process.
US Central Command claims responsibility for attack on product tanker Settebello
Tampa/New Delhi/London
Condemnation by the Indian government and the International Maritime Organization
Product tanker hit in Strait of Hormuz region
Southampton/Muscat
One sailor was injured. Two other crew members are missing.
In the first quarter of this year, freight traffic in the port of Civitavecchia decreased by -1.0%.
Civitavecchia
Cruise passengers increase by +32.1%
A merchant ship was attacked in the Gulf of Aden
Southampton
Gemini Cooperation increases cargo capacity on the Asia-Mediterranean route
Copenhagen
Sea-Intelligence adds additional weekly capacity of 22,402 TEUs
ESPO fully endorses the EU Council conclusions on the Maritime Industrial Strategy
Brussels
The central role of port facilities confirmed
CO2 capture and storage on ships is one of the most concrete and immediately available solutions for the decarbonisation of shipping.
London
Antitrust approves Messina Group's acquisition of Terminal San Giorgio
Rome
The Italian Competition Authority (AGCM) has also approved the acquisition by the MSC group of the Asso group's naval maintenance and repair activities (Jobson Italia and UASC UAE).
Rates for ships transiting the Suez Canal are expected to rise.
Ismailia
They will be applied from July 15th. Passenger ships excluded.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
The Council of the EU accepts many of the requests put forward by the associations of the European maritime-port cluster
Luxembourg
However, necessarily, the text postpones the adoption of concrete measures to future legislative initiatives
ESPO calls for proactive use of the EES system to avoid congestion in European ports
Brussels
Ryckbost: Flexibilities activated promptly in exceptional but foreseeable circumstances
Rixi: It is necessary to overcome a maritime ETS that risks shifting traffic and investments to non-European ports.
Luxembourg
What is needed - highlights the vice minister - are incentives and flexibility, not new constraints
Houthis threaten to resume attacks on ships transiting the Red Sea
Sana'a
A total ban on navigation has been declared for all vessels linked to Israeli interests.
Global trade in goods may start to slow down
Global trade in goods may start to slow down
Geneva
This is reported by the latest reading of the WTO Goods Trade Barometer.
The new port road connection to Sampierdarena has been activated in Genoa.
The new port road connection to Sampierdarena has been activated in Genoa.
Genoa
Paroli: the work now allows approximately 900-1,000 heavy vehicles per day to directly access the port's operational areas.
The rapporteurs of the Ports Bill defend the governance project centered on the Ports of Italy.
Rome
Ghio (PD) denounces that the governing bodies of this new company would be appointed entirely by the government. Ghirra (AVS): The objectives of national coordination could have been achieved by strengthening the National Conference of Port Authority Presidents.
US logistics companies WWEX Group and Auctane announce merger
Milan/Dallas/Austin
Artificial intelligence plays a leading role
Unexpected decline in European intermodal traffic in the first quarter of 2026
Brussels
UIRR: Infrastructure chaos caused by construction sites interrupting railway lines
Hanseatic Global Terminals acquires remaining 50% of Hanseatic Global Terminals Aracruz
Rotterdam/Aracruz
The company is building the new Brazilian container port of Imetame
Conftrasporto: The Ports Bill highlights clear operational, financial, and regulatory compliance issues.
Rome
Russo: the competences of Ports of Italy would overlap with those of the Port System Authorities, the Ministry of Transport and the Art
WoodMac believes decarbonisation rules could have a major impact on LNG-powered vessels
Edinburgh
According to the company, European regulations would put ships with DFDE engines out of the market
French MN will transport Avio's Vega C launcher between Italy and South America
Nantes
The French company will equip itself with a new vessel designed specifically for the transport of space equipment
EU methodology for calculating greenhouse gas emissions from transport services comes into force
Brussels
The system is based on the international standard EN ISO 14083:2023
The container ship MSC Sariska V was hit by two shells in the Persian Gulf on Monday.
Geneva/Rome
All crew members were unharmed.
In the first quarter, freight traffic in the port of Bremen/Bremerhaven grew by +5.8%
Bremen
Containers amounted to 1,245,515 teu (+4.4%)
MSC acquires 51% stake in Pivdennyi container terminal (Odessa)
Odessa
It has a traffic capacity of 400 thousand TEUs per year.
The IMO Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea will enter into force on 19 November 2027.
London
Dominguez: a long-awaited achievement, which fills an important gap in the international regime
In April, ship transits through the Suez Canal increased by +13.9%
In April, ship transits through the Suez Canal increased by +13.9%
Cairo
In the first four months of 2026, an increase of +12.1% was recorded
In the first quarter, freight traffic in the port of Naples fell by -5.3%, while in Salerno it grew by +6.4%.
Naples
Container throughput in the two ports was 167,433 teu (-3.5%) and 101,509 teu (+7.8%) respectively.
Kerdjoudj (Feport): With the revision of the EU ETS, part of the proceeds should be allocated to ports.
Brussels
Call to carefully evaluate the risk of relocating transhipment traffic
With the new COSCO-PTP terminal, the port of Tarragona relaunches itself on the container market.
Tarragona
Construction work is expected to be completed in 2028 when the terminal will have a capacity of 680,000 TEUs.
In 2025, Egyptian ports set their new all-time container throughput record
Alexandria, Egypt
Strong growth in transhipment volumes, which had remained stable in 2024
The national contract for port mooring and boatmen has been renewed.
Rome
Filt-Cgil strengthens a regulatory framework essential for the sector
A study explains how to make the use of OPS facilities in European ports more attractive and effective.
Brussels
Clearer and more comparable tariffs are also needed.
Federlogistica calls for amendments to the port governance bill.
Genoa
Falteri: the new structure must guarantee the Port System Authority adequate financial resources and effective operational tools.
ESPO calls for EU ETS amendments to ensure the competitiveness of European ports.
Brussels
The negative impact on short sea shipping was also highlighted.
New measures adopted in Switzerland to strengthen the competitiveness of the maritime flag
Bern
A Swiss shipowner will be able to fly the Swiss flag even if the owning company is based abroad
Sea trials of the second cruise ship built in China have concluded.
Shanghai
The Adora Flora City will make its maiden voyage departing from the port of Guangzhou on November 22nd.
In the first quarter of 2026, the value of G20 freight traffic recorded a quarterly growth of +5.3%
Paris
Mitigation of the growth of cargo traffic in the port of Tangier Med
Tangier
In the first three months of 2026, 38.8 million tonnes were handled (+3.2%)
Cargo traffic in Chinese seaports grew by 2.6% in April
Cargo traffic in Chinese seaports grew by 2.6% in April
Beijing
Imports and exports increased by 0.6%. Containers totaled 26.9 million (+4.8%).
Fermerci asks the government for urgent measures to support rail freight transport.
Rome
Railway companies penalized by infrastructure disruptions
Port of Naples, first ship-to-ship LNG bunkering operation on a cruise ship
Naples
Axpo used the cargo barge "Green Zeebrugge"
CMA CGM closed the first quarter of 2026 with a net profit of $250 million (-78%)
CMA CGM closed the first quarter of 2026 with a net profit of $250 million (-78%)
Marseille
Revenues stable, with logistics and other activities offsetting the decline in shipping
The U.S. Supreme Court has reopened the case pitting Havana Docks against Carnival, Royal Caribbean, NCLH and MSC
New International Code of Safety for Autonomous Surface Vessels Adopted
London
It will come into force on July 1st and will be applied on a voluntary basis for at least two years
UIRR: Combined road-rail transport shipments to increase by 1.5% in 2025
Brussels
The association highlighted the disastrous effects on the railway construction sector in Germany.
Fincantieri and Teijin Automotive Technologies sign agreement to develop composite bulkheads for naval applications.
Trieste/Pouancé
Folgiero: We enable the development of lighter and more efficient units
After eight quarters of profits, ZIM reports an operating loss
Haifa
In the first three months of 2026, the volumes of cargo transported by ships also fell sharply (-8.3%)
The US has indicted four Chinese container manufacturers and seven of their executives.
Washington
The arrest of the marketing director of Singamas in France on April 14 was made public.
EU Parliament and Council reach agreement on tariffs agreement between the European Union and the United States
Strasbourg/Brussels
An expiry clause and a suspension clause have been introduced
FFS Cargo Switzerland is reorganizing its single-wagon freight network.
Bern
A reduction of 50 of the current 280 marshalling yards is expected
IMO reports 17% increase in maritime piracy incidents in 2025
London
The most affected area was the Straits of Malacca and Singapore with 122 incidents (+34%).
Hapag-Lloyd and CMA CGM have suspended bookings for maritime shipments to Cuba.
Paris/Frankfurt/Havana
Decision after Trump's expansion of US sanctions
International tender for the new container terminal at the port of Klaipeda will be held by the end of the year.
Klaipeda
It will have an annual traffic capacity of 2.5 million TEUs
ITF calls on governments to dismantle the flag of convenience system once and for all
London
It is - the union denounces - the bad apple at the heart of the exploitation of seafarers
Evergreen's revenues decreased by 21.3% in the first quarter
Taipei
Operating profit and net economic profit fell by -69.5% and -68.8%
Viking Holdings closed the first quarter with a net loss of -54.2 million dollars
Los Angeles
Revenues up 17.5%
In the first three months of 2026, container traffic at Eurokai port terminals grew by +8.9%
Bremen
Increases of 12.7% in Germany and 7.8% in Italy. A decline in the port of Tangier Med.
Norovirus on Ambassador Cruise Line's Ambition cruise ship
Purfleet/Vlissingen
French health authorities have authorized the unit to continue normal operations.
In the first three months of 2026, freight traffic in the Port of Hamburg decreased by -2.0%
Hamburg
Containers amounted to two million TEUs (-1.6%)
Yang Ming and WHL's quarterly financial results continue to deteriorate.
Keelung/Taipei
In the first three months of this year, revenues decreased by -15.1% and -9.3% respectively.
Hapag-Lloyd closed the first quarter with an operating loss of -218.6 million euros
Hapag-Lloyd closed the first quarter with an operating loss of -218.6 million euros
Hamburg
Revenues down 16.8%
In the first three months of 2026, HMM's revenue decreased by -4.8%
In the first three months of 2026, HMM's revenue decreased by -4.8%
Seoul
Container segment saw a 7.9% decline and bulk segment saw a 20.1% growth.
Global Ports Holding's cruise terminals recorded record traffic in the first quarter of this year.
Istanbul
Five million passengers almost reached
Le Aziende informano
International Shipping Community to Gather in Genoa for Two Days of Maritime Dialogue and Networking
In the first three months of 2026, freight traffic in the ports of Genoa and Savona-Vado fell by -3.8%
Genoa
In March, a decline of -6.1%, with a sharp contraction of -15.0% in containerized cargoes
Federconsumatori is calling on the government to take measures to mitigate the impact of the rising ferry ticket prices.
Rome
Price increases are at +18% for the central weeks of August
In the first quarter of this year, cargo traffic in Croatian ports grew by 14.6%.
Zagreb
Monthly record in March
Successful trial of HVO diesel fuel for cruise ship propulsion
San Donato Milanese
Experiment conducted jointly by Eni and MSC Cruises
Gioia Tauro takes second place in the ranking of the main Italian ports, overtaking Genoa
Rome
Fincantieri records a decline in revenues and new orders
Rome
The group's backlog reached a record value of 74.2 billion euros
The president of Angopi receives the first professional certificate of competence as a mooring man.
Savona
The certificate must be renewed every five years.
Fincantieri has delivered the new cruise ship Mein Schiff Flow to TUI Cruises.
Hamburg/Monfalcone
With a gross tonnage of approximately 160,000 tons, it has a capacity of approximately 4,000 passengers.
In the first three months of 2026, freight traffic in the port of Palermo decreased by -6.3%
Palermo
Traffic also decreased in the ports of Termini Imerese, Trapani, and Licata. Increases occurred in Porto Empedocle and Gela.
The Antitrust Authority has not given its final approval for the acquisition of Armas' assets and activities by Baleària.
Barcelona
Set a series of conditions
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
VARD to build a new generation fishing vessel
Trieste
It was ordered by the Norwegian company Rosund Drift
Concentration in the UK shipbuilding sector
London
Baleana buys APCL Group (A&P Tyne, Cammell Laird and A&P Falmouth and Falmouth Docks and Engineering)
Royal Caribbean has taken delivery of its new Legend of the Seas cruise ship.
Miami
Built by Meyer Turku, it can accommodate 5,610 passengers
Informal hearings of trade union representatives on port governance reform
Rome
At the heart of the critical issues highlighted - confirms Filt-Cgil - is the planned establishment of Porti d'Italia Spa
Venice, the DPSS confirms the need to build new offshore terminals outside the lagoon.
Venice
The Strategic System Programming Document has been approved by the AdSP Management Committee
The Spinelli Group has joined the Italian Association of Port Terminal Operators
Genoa
The company and Assiterminal expressed satisfaction with the resumption of an important association
In the first three months of 2026, freight traffic at UK ports fell by -2.6%
London
More significant decrease (-6.8%) in boarding loads
Mark Hindley is the new president of the European Motor Vehicle Logistics Association
Istanbul
Wolfgang Göbel was elected honorary president
At the Port of Genoa, a tugboat was stopped for irregularities in nitrogen oxide emissions.
Genoa
The vessel is used for the construction works of the new breakwater
In April, freight traffic in the port of Ravenna grew by +21.4%
Ravenna
An increase of +2.5% is expected in May
Sallaum Lines to launch dedicated China-Europe service in 2027
Nanjing
Two new 7,400 CEU PCTCs taken delivery
On June 12th in Naples, an initiative by Filt Cgil on governance in the port sector
Rome
Naval drone found in Romanian port of Constanta
Bucharest
The device self-destructed without causing any casualties.
HJSC receives approval in principle for the construction of a 10,000 TEU biofuel containership.
Athens
It was released from the Korean Naval Register
Global Ship Lease invests $917 million to purchase ten new container ships
Athens
They will be delivered between the fourth quarter of 2028 and the first quarter of 2030.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
WASS (Fincantieri) and Magellan Agreement on Canada's Underwater Defense
Trieste
Industrial cooperation opportunities in the field of heavy torpedoes and countermeasures will be explored
Solutions to overcome the chronic staff shortage in the Italian maritime sector
Procida
Pagano (Maritime Labor Committee): Digitalization, simplification, and cooperation between training and businesses to overcome the crisis
Maritime training agreement signed by Gente di Mare (Cosulich) and Carnival
Genoa
Di Tizio: This collaboration allows us to bring an international project to the territory
Antipollution (V.Group) orders four eco-friendly vessels from ONEX Shipyards & Technologies
Athens
Option for four additional units
Spinelli has ordered three new handling vehicles from FTMH
Genoa
A reach stacker for empty containers has already entered service in the group's Livorno depot
Luigi Merlo to lead MSC Cruises' Italian cruise terminal company
Geneva
Centrone (formerly Fincantieri) takes over as Director of Maritime Policies and Government Affairs for the group in Italy
Greece's Skaramangas Shipyards and South Korea's HD Hyundai sign cooperation agreement
Athens
The aim is to collaborate in the construction of surface military vessels
AD Ports buys the Brazilian Corredor Logística e Infraestrutura
Sao Paulo/Abu Dhabi
The company handles the largest volume of agri-food bulk exports in the South American nation
The 2026-2028 Three-Year Operational Plan of the Northern Tyrrhenian Port Authority has been approved.
Livorno
Unanimous approval from the Management Committee
Chen Lichtenstein appointed president and CEO of ZIM
Haifa
He will replace the resigning Eli Glickman.
Gianluca Croce has been confirmed as president of Assagenti Genova.
Genoa
The members of the association's board for the two-year period 2026-2028
The Mega Serena ferry has joined the Corsica Sardinia Ferries fleet.
Vado Ligure
It has a capacity of up to 2,000 passengers and over 600 vehicles.
The first steel cutting of the Crystal Grace cruise ship took place in Marghera.
Miami
Fincantieri will deliver the vessel in spring 2028
Palumbo Superyacht awarded 13,048 square meters of mooring space to the Port of Ortona.
Ancona
Central Adriatic Port Authority, guidelines for issuing the single ZES authorization
Port of Livorno: Two new FHP MarterNeri warehouses inaugurated
Livorno
Investment exceeding 23 million euros
The Committee of the Central Northern Tyrrhenian Sea Port Authority has decided to close the institution's state of crisis.
Civitavecchia
New solution for exceptional transport on intermodal trains from FS Logistix and Van der Vlist
Verona
Two aerial platforms transported from Verona to Rostock
Port of Naples: Fire aboard GNV's Phoenix ferry
Naples
Flames broke out in the internal areas of deck 6 of the ship
Latrofa has chosen a trusted individual to lead an in-house company within the Lazio Port Authority.
Civitavecchia
The new sole director - he underlined - has been provided with particularly stringent management guidelines
In the first three months of 2026, MPC Container Ships' revenues decreased by -6.4%.
Oslo
Quarterly net income of $40.8 million (-31.8%)
The 2026-2028 Three-Year Operational Plan of the Sardinian Port Authority has been approved.
Olbia
Green light from the Management Committee
The environmental assessment process for the San Antonio Outer Harbor project has been completed.
Saint Anthony
The Viking Mira cruise ship was delivered at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
It has a gross tonnage of 54,300 tons and a capacity of 998 passengers.
In 2025, RINA recorded revenues of over one billion euros (+11%)
Genoa
Net profit up 30%
The new railway bridge has been installed at the Port of Marina di Carrara.
Marina di Carrara
Pisano: A turning point in the port's logistics organization.
Ports, freight terminals, and corridors. Venice and the Upper Adriatic as a gateway to the East.
Venice
This is the theme of the event that will be held on Thursday in Venice
Estonian State Fleet orders electric-powered ferry from Polish shipyard Crist
Tallinn
Contract worth 49.93 million euros
In April, Spanish ports handled 1.7 million containers (+1.7%)
Madrid
Cruise passengers down by -18.4%
Container traffic in the port of Valencia decreased by 2.5% in April
Valencia
In the first four months of 2026, almost 1.8 million TEUs were handled (+0.2%)
Global Ship Lease posts record quarterly revenues again
Athens
Net profit down 24.0%
International cooperation between the Sardinian Port Authority and the Port of Tangier Ville for luxury yachting
Cagliari
Promotion of an integrated nautical circuit between Sardinia and Morocco
The new first aid medical center has been inaugurated in the port of Gioia Tauro
Gioia Tauro
Among the facilities, a first aid clinic and a CMR ambulance
BPER provides financing to Grimaldi Euromed for fleet modernization.
Milan/Naples
Resources used to partially cover the purchase of the ship "Grande Manila"
ASRY and Priya Blue establish ship recycling yard in Bahrain
Al Muharraq/Alang
First ship destined for dismantling has arrived in the Middle Eastern nation
SAAM Towage orders five new tugboats from Turkish shipyard Sanmar Shipyard
Santiago
They will have a pulling capacity of between 70 and 80 tons
Container traffic at the Port of Long Beach dropped 5.7% last month.
Long Beach/Singapore/Hong Kong
In Singapore, growth of +3.6% was recorded, while in Hong Kong containers decreased by -6.3%.
Carta (Fermerci): Urgent policies are needed to support railway companies.
Rome
In 2025, rail cargo lost approximately 3.5%, in terms of trains/km
Fratelli Neri orders two more new tugboats in Egypt
Ismailia
Contract with the Suez Canal Company for Modern Boats
Container traffic in the port of Barcelona grew by 17.4% in April.
Barcelona/Algeciras
Algeciras port increases by 6.3%.
The Islamabad government has approved the sale of a 30% stake in the Pakistan National Shipping Corporation.
Islamabad
The share will go to the state logistics company NLC which will also assume management control of PNSC
In 2025, the Spanish port system recorded record revenues
Madrid
Pre-tax profit was 349 million euros (+4.2%)
Leapmotor International strengthens its partnership with the Neapolitan Grimaldi shipping group.
Hoofddorp
In the first quarter, approximately 20,000 units were transported from China to the Italian market.
Cruise traffic in German ports reached a new record last year
Wiesbaden
With 1.51 million passengers, growth was +4.1%.
Federazione del Mare joins the celebrations for the International Day for Women in Maritime 2026.
Rome
Mattioli: The maritime economy is losing opportunities and potential.
After years of sustained growth, short sea shipping in Spain has entered a phase of structural slowdown
Madrid
This is what the latest report from the Observatorio Estadístico del Transporte Marítimo de Corta Distancia reveals.
AD Ports to buy German freight forwarder MBS Logistics
Colony
The company has over 450 employees and 26 offices worldwide.
The Spinelli Group has joined the Sustainable Intermodal Logistics Association
Genoa/Rome
Summary: ALIS can offer our ecosystem strategic added value
$200 million investment to build and equip the new multipurpose terminal at Pointe-Noire
Brazzaville/Abu Dhabi
Ordered three ship-to-shore cranes from ZPMC
Evergreen confirms purchase of five new 24,000 TEU containerships
Taipei
They will be built by the Chinese shipyard Guangzhou Shipyard International
Korea will launch an Asia-Europe containerized shipping service on the Arctic route in the coming months
Busan
The tender concluded with the preliminary selection of the PanStar company.
The Maritime Union has raised new alarm over the fate of former ILVA ships.
Verona
Their possible demolition puts 240 maritime jobs at risk
In the period January-March, freight traffic in the port of Koper decreased by -3.9%
Ljubljana
In the container sector, 2.4 million tons were handled (-1.7%)
Last chance to recognize some port jobs as strenuous and to establish a pension fund
Genoa
Siemens to acquire Italian MERMEC business
Monk
The transaction will include the Ferrosud rolling stock production plant in Matera
Growth in intermodal traffic at the Nola interport
Nola/Milan
Economic and financial analysis by the Fedespedi Research Center on freight terminal management companies
Quarterly decline in goods handled by Montenegro's ports
Podgorica
The increase in cargo volumes to and from Italian ports continues, albeit at a slower pace.
Assarmatori denounces the exclusion of maritime transport from the Fuel Decree-Law II.
Rome
Messina: The sector cannot be expected to absorb the impact of fuel price increases alone.
HHLA records a -5.3% decline in containers handled in the first quarter
Hamburg
Eijsink: An unusually harsh winter has significantly limited our daily operations
MSC Technology Italy launches a plan to hire 200 new people.
Turin/Geneva
MSC Cruises debuts in the Alaska market
The Marche Region has approved Carloni's appointment as president of the Central Adriatic Port Authority.
Ancona
Awaiting the opinion of the Abruzzo Regional Council
Greek company Danaos Corporation's quarterly revenues remain stable.
Athens
Two ships of the company are still blocked in the Persian Gulf
Container traffic at the Port of Los Angeles increased by 5.7% in April.
Los Angeles/Port Newark
In the first three months of 2026, the Port of New York handled nearly 2.2 million TEUs (-1.2%)
Cognolato was confirmed as president of Assiterminal
Rome
The new presidency committee and board of directors were also elected
In the first quarter of 2026, freight traffic in the port of Ravenna increased by +0.8%
Ravenna
The growth was driven by the entry into operation of the regasification plant
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
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
On June 12th in Naples, an initiative by Filt Cgil on governance in the port sector
Rome
Comparison on the logistical, industrial and infrastructural development of ports
››› Meetings File
PRESS REVIEW
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
MSC introduces calls at Naples and Malaga on its Dragon service
Geneva
Calls at the Gioia Tauro port have been cancelled.
The National Maritime Fund's board has been renewed.
Genoa
He will remain in office for three years
Network contract for the joint development of intermodal services in Emilia-Romagna
Bologna
It was signed by Interporto Bologna, Dinazzano Po S, SAPIR and Rail Traction Company
Messina (Assarmatori): European technocracy appears inflexible on the EU ETS
Brussels
He underlines that a significant improvement of these policies is necessary.
d'Amico International Shipping's first quarter results are positive.
Luxembourg
The company benefited from the effects of geopolitical tensions
Two orientation events in Livorno and Naples to present the ITS Purser course.
Genoa
Meetings scheduled by the Italian Merchant Marine Academy with the Grimaldi Group
The bow section of the Explora V was launched in Palermo
Geneva
Fincantieri will deliver the cruise ship to Explora Journeys in 2027
The president of the Eastern Adriatic Port Authority is the new president of Trieste Passenger Terminal.
Trieste
He takes over from Gianluca Madriz
Port of Olbia: Seabed restoration work has begun in the access channel to Isola Bianca.
Cagliari
The aim is to safely allow large cruise ships to enter
Damen to renovate and operate Dakar ship repair yard
Dakar/Gorinchem
20-year contract with the Société des Infrastructures de Réparation Navale
Savino Del Bene has acquired three companies of the Spanish Grupo Marítima Sureste
Florence/Valencia
The agreement involves Marítima Sureste Shipping, Marítima Sureste Spain and Transportes Gaypemar
Fim-Cisl, the meeting with Fincantieri regarding the Muggiano shipyard's prospects was positive.
La Spezia
The investments announced by management - the union noted - are going in the right direction.
Rising energy costs weigh on Finnlines' latest quarterly financial statement.
Helsinki
Doepel: Burdens further increased by EU ETS implementation
Marabello is the new secretary general of the Strait of Messina Port Authority.
Messina
The assignment lasts four years
Heavy lift vessel HMM Namu hit near the Strait of Hormuz
Seoul
The accident did not cause any casualties.
DFDS's quarterly financial performance deteriorates
Copenhagen
The fleet's rolling stock is growing. Passenger numbers are down 18%.
From May 21st to 23rd, Ravenna will host "Deportibus - The Festival of Ports Connecting the World."
Ravenna
Kalmar records quarterly decline in new orders
Helsinki
In the January-March period, revenues increased by +5%
Job openings are growing for the port companies of Trieste and Monfalcone.
Trieste
Delivery of a recognition plaque
In the first quarter of 2026, Costamare's revenues decreased by -5.3%
Monk
Orders confirmed for 12 new 9,200 TEU vessels and four 3,100 TEU vessels
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