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Independent journal on economy and transport policy
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BRIEFS
February 24, 2012
The Business Timesweb site
Shipping News
  • 7.6% annual growth seen for Asia-Pac logistics markets
    Research firm Frost & Sullivan has forecast 7.6 per cent annual growth for 12 Asia-Pacific transportation and logistics (T&L) markets, reaching US$4.09 trillion in 2016.
  • 50% of dry-bulk carrier orders could be canned
    As many as 50 per cent of commodity carriers on order at yards worldwide may never be built after 56 per cent of new dry-bulk vessels didn't enter service in January as scheduled, according to Genco Shipping & Trading Ltd.
  • Bulk-ship operators get aggressive as costs dip
    Operators of ships that haul dry-bulk commodities are 'more aggressive' in reaching agreements with customers to employ vessels amid a glut of carriers, said ICAP Shipping International Ltd.

Sched Netweb site
  • Shanghai's January container volume declines 3pc to 2.6 million TEU
  • Maersk hikes: US$400/TEU, FE-west coast Latin America, $560/TEU to Caribbean
  • OOCL, RCL offer Shanghai, Hong Kong, Vietnam, Bangkok loop from March 4
  • Singapore's NOL suffers US$478 loss as revenues fall 2pc to $9.21 billion
  • Court backs TCC, authorising suit for failure to meet cargo commitments
  • Auckland dockers' two-week strikes divert cargo to rival Tauranga
  • Alashankou railway checkpoint January trade volume tops million tonnes
  • Tacoma container volume increases 2.3pc to 1.49 million TEU in 2011
  • Inner Mongolia to spend US$7.94 billion building 30 inter-provincial roads
  • Wuhan to optimise inland port function with more trade convenience
  • Expeditors 2011 profit rises 12pc to US$385.7 million, revenue up 3pc
  • Maersk's man in India blasts crippling cabotage laws, ruinous port fees
  • International Chamber of Shipping chief calls a halt for boxship building
  • Liquid chemical shipping line service aces tests between Taiwan and Ningbo
  • Asia Pacific transport, logistics to grow 7.6pc despite uncertainty: study
  • Wilson Roque launches logistics company from Brazilian Port of Itajai
  • Air China cargo volume slides 28.5pc to 73,300 tonnes in January
  • China Eastern Airlines cargo volume down 19pc to 97,200 tonnes in January
  • Singapore Airlines cuts 20 per cent capacity owing to softening demand

Exim Indiaweb site
  • Mega event backed by international & domestic trade organisations
  • Remembering Chotubhai
  • SPNM's networking event today
  • Uncertainty over freight rates takes futures market to new low
  • WWL Group enters 12th year of operations in India
  • NMPT box traffic registers new high
  • Port Pipavav records first full year of net profit
  • A 12-step guide to managing your money in 2012 - IV

International Transport Journalweb site
FEBRUARY 23, 2012
  • Germany okays Bulgarian und Romanian cabotage services
    Germany's Federal Ministry of Transport, Building and Urban Development (BMVBS) mandated the country's federal office for goods transport (BAG) to examine the effect that Bulgarian...
  • Leading UK companies repeat order for 1,000 Scania trucks
    Two UK-based companies - Eddie Stobart and A. W. Jenkinson Forest Products - have signed a joint-procurement agreement with Scania in the UK for 1,000 trucks. Scheduled for deliver...
  • CN investing in its rail network
    Canadian National Railway Company (CN) plans to invest CAD 1.75 billion (EUR 1.34 billion) in 2012 to maintain and upgrade its railway network, support growth and productivity init...
  • Logico hauls multimodal containers for Stobart Rail
    Logico, a division of Freightliner Ltd, the UK's largest intermodal rail freight operator, hauled a special train from Freightliner's Garston Terminal to Freightliner's South Wales...
  • Drewry opens office in Shanghai
    Drewry, a leading independent advisory and analytical research organisation in the maritime sector, is opening a new office in Shanghai (China). (it)
  • Somon Air introduces service to Ukraine
    Today (23 February), Tajikistan's Somon Air is launching a once per week service on the Dushanbe (Tajikistan) - Kiev (Ukraine) route. Starting 25 March, the airline will add the ne...
  • Inchcape Shipping Services to open offices in Venezuela and Saudi Arabia
    Inchcape Shipping Services (ISS), a leading maritime services provider, is set to open its first office in Venezuela. The facility, which will be located in Puerto La Cruz, will me...
  • Transfennica starting Bilbao-Tilbury service
    Transfennica has decided to add a weekly direct call to Tilbury (UK) from Bilbao (Spain) within the Iberia schedule, due to increased demand in the market. As from 24 February, the...
  • Despite denial UPS wants to take over TNT Express
    The US corporation United Parcel Services (UPS) wants to take over its Dutch counterpart, TNT Express, Europe's second largest parcel service provider. UPS, one of the world's larg...
  • Unikom acquires new navigation services
    Thomas Gunn Navigation Services has been awarded a new contract by the shipping management company Unicom to equip an additional 43 vessels with its outfit management service. Thom...
  • Jet Aviation: new sales directors in Zurich and Dusseldorf
    Jet Aviation recently appointed Micha Miketta and Peter Davidse as the new maintenance, repair and operations (MRO) sales directors in Dusseldorf (Germany) and Zurich (Switzerland)...
  • Jet Aviation Basel adds tail and wing dock for BBJ and A320 series aircraft
    Jet Aviation Basel has added a tail and wing-docking platform to its wide-body hangar, enabling complete access to all areas of an aircraft tail on all four levels, as well as full...
  • Kwintet relies on DB Schenker Logistics in Sweden
    Kwintet AB, the European supplier of professional workwear, has chosen DB Schenker Logistics as its strategic logistics partner in Sweden. Kwintet consolidated its warehousing acti...
  • DPD opens new parcel terminal in Estonia
    The parcel delivery company DPD has opened a new logistics centre in Estonia, featuring state-of-the-art sorting equipment. The new EUR 2 million terminal in the Rae Industrial Par...
  • Airports across Tanzania to be upgraded with European funding
    The European Investment Bank (EIB), the European Union's lending institution, is to provide EUR 50 million in long-term funding over 20 years to Tanzania. Improvement of five airpo...

Marine Logweb site
FEBRUARY 23, 2012
  • New York relents on ballast water reg deadline
  • Prosecutor adds Costa Crociere execs and crew members to investigation
  • BMT Nigel Gee designed patrol boat set for Arabian Gulf duties
  • Seacor swoops on Superior Energy liftboat fleet

World Wide Shipperweb site
FEBRUARY 23, 2012
  • International Trade Administration sees gains in US merchandise exports
  • Journal of Commerce/PIERS finds US box exports increasing
  • Port Angeles port board reviews work plan for 2012
  • MOL reports containership involved in open seas collision
  • Jensen Maritime Consultants expanding service offering

Lloyd's Listweb site
FEBRUARY 23, 2012
  • Owners need assurances that new equipment will be reliable
    Shipowners need assurance that equipment will be reliable. Step forward, class societies and insurers
  • Ships can't fly
    Current plans for emissions trading systems look impossible to realise
  • Pressure grows on India to diversify oil supply
    Trouble ahead for country that relies on Iran for 10% of its needs
  • West African activity attracts ultra-deepwater drilling rigs
    Drilling rigs and support vessels finding work one year on from the start of Jubilee field production
  • Rig-sharing deals open up Norwegian waters
    Rig Management Norway creates co-operative arrangements to bridge the gap between asset owners' need for lengthy charters and the cost of increasing production in smaller fields
  • ExxonMobil sends single-hull tanker for recycling in China
    AIS data indicates vessel heading to a southern province
  • Landmark DryShips Chinese ore carrier loan chalked up to $5bn fund
    First major syndicated loan to Greek owner without western bank involvement
  • Distressed product tanker sales loom as banks brace to limit support
    Italian owner d'Amico warns against overordering in a sector on the cusp of recovery
  • Talking heads: what does the industry think about it?
    Lloyd's List canvasses ocean carrier and shipper representatives and the European Commission about the FMC study on abolition of conferences in Europe
  • FMC study fuels debate on whether Europe was right to ban conferences
    Congress unlikely to review Shipping Act this year unless capacity shortages return
  • StealthGas eyes more ships but bemoans valuation
    Improved quarter highlights solid LPG segment
  • Vessel value writedowns hurt Teekay Offshore Partners bottom line
    Cash distribution of $0.50 declared on fourth quarter
  • Pacific supramax rates recovery offset by Atlantic decline
    Period charter market anticipates rates recovery from April
  • Asset value threat for panamaxes
    Bids on seven-year-old ship fail to live up to market expectations
  • Teekay LNG Partners to raise dividend
    Evensen says $400m available for expansion
  • Offshore and LNG presence helps Teekay dodge tanker bloodbath
    Diversified structure a competitive advantage in financially constrained world, says Peter Evensen
  • Teekay Tankers to buy secondhand tonnage
    $360m budget for long-haul product tankers and mid-size aframaxes and suezmaxes
  • Durban tackles bottlenecks
    Technical glitches at South Africa box hub after launch of Navis Sparcs
  • Hutchison's Dar es Salaam unit hits back at regulator's criticism
    TICTS rounds on 'inaccurate and unsubstantiated allegations' about crane and ship productivity levels
  • Boskalis and Jan de Nul land Argentina dredging contract
    Partners sign five-year deal at Bahia Blanca
  • Secondhand vintage handy market suffers from lack of Chinese interest
    Tonnage offers 'low-risk investment', say sale and purchase brokers
  • Genco launches $50m follow-on offering
    Effort to lower interest bill after voluntary pre-payment in December secures covenant waivers
  • All talk?
    Somalia conference was short on solutions, for politics and for piracy
  • US box exports reach record 12m teu high in 2011
    Eurozone crisis hits fourth quarter volumes
  • Navios pays out despite dip in profits
    Solid time charter coverage and focus on efficiency guide the company into 2012
  • Oil and shipping industries fund Somalia job creation
    Community projects aim to lessen appeal of piracy
  • Sembcorp Marine quarterly profits drop on fewer high-value orders
    Singapore rig builder sees strong deepwater sector growth
  • Japan Club emphasises partial exposure to EU sanctions
    Insurer not liable for parts of claims reinsured under IG programmes
  • Diana boxship offshoot scores profit
    Upgrade work on Maersk trio was a drag on bottom line

Fairplayweb site
FEBRUARY 23, 2012
  • Navios profits fall
    NAVIOS Holdings confirmed a drop in quarterly profits today, although Chairman Angeliki Frangou underscored that the company is well-positioned to weather the storm
  • Scorpio logs impairment
    THE PARADE of shipping impairments continues, with Scorpio Tankers writing down the carrying value of its fleet due to "deteriorating market fundamentals and a decline in value for secondhand product tankers"
  • Sembcorp profits falls 13%
    SINGAPORE rig builder Sembcorp Marine said today 2011 profits dropped 13% year on year to S$752M ($598.36M)
  • Oz seeks top LNG spot
    AUSTRALIA will overtake Qatar as the world's largest LNG supplier within two decades, a conference in London heard today
  • Defaults cost Lauritzen $60M
    DEFAULTS by contract partners cost J Lauritzen $60M last year that, combined with weak shipping markets, dragged the group deep into red
  • APL resists temptation
    APL SAID today it means to resist temptation to lay off ships because of the Far East/Europe box lane's overcapacity
  • Genco's drybulkers seen as overvalued
    GENCO Shipping & Trading's nine Capesize drybulkers are overvalued in the current freight market, a shipping analyst said today
  • Impairments weigh DryShips
    VALUE declines on three bulkers pulled George Economou's DryShips into the red in the latest quarter
  • MISC loses $404.6M
    MALAYSIAN carrier MISC posted 1.2Bn ringgit ($404.6M) in net losses for its latest financial year, reversing 2.4Bn ringgits in profits a year earlier
  • Iran and China sign crude supply deal
    CHINA'S government-owned trading company Unipec has signed a deal for crude supplies from Iran's NIOC
  • Cosco Corp profits dive 44%
    COSCO Corp, the Singapore-listed shipbuilding and bulker operating arm of Chinese conglomerate COSCO, said today 2011 profits dived 44% year on year, to S$139.67M ($111.18M)
  • Green Reefers cuts losses
    NORWAY'S Green Reefers said today it cut its losses in both 4Q11 and full year 2011, mainly because the company was freed of the impairment losses that hurt it the previous year
  • Italy pledges guards inquiry aid
    ITALY today offered to co-operate in a police inquiry into allegations that armed Italian guards on a tanker shot dead two Indian fishermen
  • Vietnam cuts duties
    VIETNAM is abolishing its 4% import duties on gasoline and jet fuel, while also cutting diesel and kerosene levies from 5% to 3%
  • VLCC charterers hold back
    VLCC FIXING for March laycans has been quieter than for February, as charterers are holding back to force rates down

The Journal of Commerceweb site
FEBRUARY 23, 2012
  • Exporters Urge Congress to Renew Ex-Im Bank Charter
    Small exporters will be among the most to benefit from the charter renewal of the Export-Import Bank of the United...
  • Northeastern Truckload Carrier Shuts Down
    Northeastern truckload carrier Atkinson Freight Lines closed its doors after being battered by rising costs and competition from larger national...
  • US Steel Imports Jump 20.2 Percent
    U.S. steel imports in January jumped 20.2 percent from a year earlier amid a strengthening economy and rising demand from...
  • NY Softens Rule on Ships' Ballast
    The state of New York has backed away from plans to impose stringent ballast-water standards that industry officials said threatened...
  • European Shippers Say FMC Underestimated Rate Volatility
    The Federal Maritime Commission underestimated the magnitude of rate volatility in the Europe-Asia trade when it assessed the effects of...
  • MOL, Cosco Ships Collide Near Hong Kong
    An MOL containership collided with another containership owned by Cosco on Wednesday southeast of Hong Kong. The MOL Maneuver...
  • Diana Containerships Swings to $1.3 Million Profit
    Diana Containerships booked a profit of $1.3 million in the fourth quarter of 2011 against a year-earlier loss of $15,600,...
  • Asia-Europe Rates Rise on Maersk Capacity Cut
    Spot freight rates on the westbound Asia-Europe trade lane rose 3 percent this week from the week before after Maersk...

Containerisation Internationalweb site
FEBRUARY 23, 2012
  • Pipavav posts first net profit
    Rising cargo volumes, improved economies of scale and rising levels of operational efficiency combined to give APM Terminals Pipavav its first net profit. The port, ...
  • Asia/Europe now far more competitive than transpacific
    Recent analysis done by SeaIntel Maritime Analysis shows that competition between Asia and Europe is now much more intense than between Asia and North America. ...
  • ISS sets up in Saudi Arabia
    Attracted by the potential for economic growth and the country's growing role in international trade, the leading maritime services group, Inchcape Shipping Services, ...
  • Africa is hit hard by the pirates
    East and South African appear to be paying a high price for the rise in piracy incidents in the Indian Ocean. In addition to the direct costs involved in offering ...
  • All-in rates from Asia to Northern Europe still staying up
    Ocean carriers still appear determined to see all freight rates from Asia to Europe increased. The World Container Index's latest information out today reveals ...
  • MOL and COSCON boxships clash
    No injuries or oil spills were reported from a collision between the 2010-built 6,724TEU MOL Maneuver and the 4,221TEU ...
  • OOCL and RCL club together on China-ASEAN loop
    OOCL is boosting its service offering on the fast growing trade between north east and south east Asia by launching a new sling by joining forces with intra-Asia ...
  • Somalia summit: 'less talk more action'
    That is the hope of many of the senior representatives from 40 nations attending a conference on Somalia in London today to agree a road map for the 'world's worst ...
  • PANYNJ pips pre-recession numbers
    The Port of New York and New Jersey [PANYNJ] achieved 'record' throughput in 2011 - surpassing the previous record volume in 2007 before the start of the global ...
  • ESC sees red over FMC's analysis of banning conferences
    The European Shippers Council has queried a number of conclusions and observations made in the Federal Maritime Commission's recent study on the side effects in ...

TradeWindsweb site
FEBRUARY 23, 2012
  • Cantor condemns Title XI bid
    Ray LaHood and Marad loan programme under fire as Congress questions Overseas Shipholding Group's dealings with Iran.
  • Get tomorrow's news today
    Be the first to read the latest shipping industry news with TradeWinds new Apple and Android apps.
  • ISC mints PCTC transaction
    Niels Johnsen says expansion may be on the menu as US-listed owner frees up cash in $59m sale-and-leaseback deal.
  • Teekay Offshore cuts Q4 loss
    New York-listed FPSO and shuttle tanker owner chops deficit and looks forward to expanding fleet.
  • Distressed deals will open up
    D'Amico CEO Marco Fiori says 2012 will be a "fertile ground" for mergers and acquisitions.
  • Genco shares plunge again
    Peter Georgiopoulos led dry cargo company to raise $53m to boost finances.
  • Aegean tops forecasts
    Greek bunker titan beats Wall Street bets in the fourth as focus turns to niche regions like the Mediterranean, analyst notes.
  • Stealth primed for expansion
    Harry Vafias-led LPG specialist readies expansion drive following fourth-quarter win and freshly minted sale of Gas Kalogeros.
  • Ocean Rig profit down a third
    Revenue show strong growth but income heads in the same direction as drill bits.
  • TNK eyes acquisition trail
    New York-quoted owner poised to pounce on aframax and suezmax tankers despite fourth-quarter loss.
  • Havyard books Vestland pair
    Norwegian owner inks a platform supply vessel at Per Saevik's shipyard with an option for another.
  • Evensen hungry for more
    Teekay LNG chief says Maersk swoop has not satisfied its appetite for tonnage in booming business.
  • Navios takes a Q4 income hit
    But Angeliki Frangou led bulk carrier operator maintains an unchanged dividend.
  • Teekay Corp doubles loss
    New York-listed tanker owner hurt by falling rates in 2011, but is redelivering loss-making vessels as it seeks to rein in costs.
  • ACM in Middle East merger
    Mark Jewell-headed wing joins forces with ICON Chartering to boost Dubai venture.
  • Big guns in anti-piracy push
    AP Moller, Shell and BP to inject cash into community projects to help curb Somali threat.

American Shipper - Ocean newsweb site
FEBRUARY 23, 2012
  • U.S. offers Website for small exporters
  • Kenya Airways gets cargo plane
  • Data2Logistics expands in Europe
  • SEKO picks GT Nexus to automate logistics
  • Con-way finds iPads to be sales boon
  • Cambon: Carriers engaged in 'value destruction'
  • Tacoma's box traffic up 8.8%
  • Shippers respond to FMC report on EC shipping rules
  • Maersk raising rates from Asia to Americas
  • MOL, COSCO vessels collide

The Bunker Bulletinweb site
FEBRUARY 23, 2012
  • Wincanton to distribute Chevron Marine lubricants
    UK supply chain solutions provider signs three-year deal with Chevron division.
  • Big price gains across Europe
    Very good bunker demand in Piraeus.
  • Ship energy efficiency has been 'going backwards'
    Analysis of large tankers and bulk carriers concludes 'the development of EEDI in these ships has moved in the wrong direction'.
  • Prices firm across Middle Eastern and African ports
    Not a very busy market in Durban, player reports.
  • Market abuzz with rumours of Vitol, Grindrod deal
    Some say sale of stake in Grindrod's marine fuel subsidiaries to Vitol is 'a done deal'.
  • DSME seals $709 million naval fuel tanker deal
    37,000-tonne tankers able to 'simultaneously' refuel several naval warships, says UK Royal Navy.
  • IFO prices down in Singapore, up at other Asian ports
    Demand mixed at major Asian bunkering hubs on Thursday.
  • Singapore fuel oil stocks at 40-week high
    High influx of fuel oil cargoes expected to continue in March.
  • Panama to invest $65 million in multi-storage oil facility
    Melons Oil Terminal Inc. to construct two million barrel capacity oil storage facility.
  • Vitol's trading volumes up 14.5% in 2011
    Trading volumes up despite 'challenging' environment, says company President and Chief Executive.
  • Aegean shares rise to seven-month high
    Aegean's Q4 profit, revenues trump analysts' estimates.
  • Bulker firm settles unpaid bunker bills
    Globus pays for outstanding bunker payments owed by charterer to secure release of arrested vessel.
  • NOL targets $500 million costs reduction
    'Significant part' of the number is aimed at reducing fuel consumption, says President of its box unit, APL.
  • US refinery completes shutdown
    Hovensa completes shutdown of 350,000 bpd refinery in St. Croix, US Virgin Islands.
  • Americas markets flat for third straight day
    Oil fell from the highest close in nine months on the New York Mercantile Exchange.

›››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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