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Independent journal on economy and transport policy
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BRIEFS
May 25, 2012
Sched Netweb site
  • Tianjin Port and Singapore's PSA joins hands to develop Tianjin Port
  • Zhejiang publishes first road freight rate index in bid to end rate volatility
  • China Shipping to issue US$316.1 million in medium-term notes
  • Nigerian port growth boosted by investment, says national port authority
  • New WAFMAX 4,500 TEU containership for Safmarine
  • Evergreen to launch South India-Persian Gulf service from June 5
  • UK rail regulator mulls charges that put shift from trucking at risk
  • Changi Airport suffers 5pc cargo decline to 148,200 tonnes in April
  • Thailand's Business Air to launch Wuhan-Bangkok direct flights on June 27
  • Qantas International and Qantas Domestic to be run as separate entities

Exim Indiaweb site
  • DB SCHENKER offers unique air freight service for healthcare industry's sensitive freight
  • Fagioli India successfully handles mega generator stator
  • Hyundai car exports to take a knock due to Europe, US recession
  • ChPT plans air freight station near airport
  • JN Port looks optimistically ahead
  • MoS striving to break deadlock over KoPT transloading operations
  • Security being upgraded at Major Ports: Vasan
  • Vizag Agriport to develop fertiliser berth at Visakhapatnam Port
  • Daimler trucks entry will throw up fresh challenges
  • S. Rly flags off bitumen-laden BPCL-Kochi rake to Bhutan
  • Govt may ease duty-free import norms for power cos
  • Govt mulling levying 4 pc CVD on gold jewellery imports
  • Ramesh wants to include PPP projects in Land Bill
  • Eurozone crisis could play spoilsport in world recovery: OECD
  • Opec projects rise in global oil demand

International Transport Journalweb site
MAY 24, 2012
  • FreightCar America delivers more wagons
    FreightCar America, a US manufacturer of railroad freight cars, has reported its Q1/2012 results. Revenues amounted to USD 219.1 million - USD 146.9 million less than in the same q...
  • Norbert Dentressangle starts UK trials of Renault Trucks
    The French service provider Norbert Dentressangle recently took delivery of the first Renault Trucks 26 tonne hybrid vehicle in the UK. The new vehicle represents part of the compa...
  • Jens Nöldner to become new CEO of DB Schenker Rail Automotive GmbH
    As of 1 June 2012, Jens Nöldner will become the new CEO of DB Schenker Rail Automotive GmbH, the entity which handles Deutsche Bahn's rail freight activities for the automotive ind...
  • Ibia announces new appointments for 2012 and 2013
    The International Bunker Industry Association's (Ibia) board of directors has unanimously agreed to appoint Simon Neo Tiau Gee as vice-chairman and Dilip Mody as honorary treasur...
  • Kögel lands major order from Lithuania
    The Lithuanian forwarding company Finèjas, one of the biggest in the Baltic area, will receive the first of the 100 ordered Kögel Cargo platform trailers via the long-term Kögel ge...
  • New sales partner for Wascosa in Italy
    The Swiss rolling stock manufacturer Wascosa has further expanded its sales network. SSI Servizi Speciali Integrativi, headquartered in Genoa, is the new sales partner and strength...
  • Schenker Logistics is MASkargo's 16th "Megatonner"
    Malaysia's cargo airline MASkargo unveiled its all-time high tonnage contributor at the bold and bedazzling Megatonners Awards 2011. Schenker Logistics (Malaysia) was crowned overa...
  • MOL announces launch of new China - Middle East Service
    The Japanese shipping company MOL Liner Ltd (MOL) is set to launch a new China - Middle East service (CMS), with the first vessel departing Shanghai on 8 June 2012. MOL w...
  • Sea Port of Saint Petersburg invested in port infrastructure in Q1/2012
    The Russian entity JSC Sea Port of Saint Petersburg transferred about RUB 66 million (around EUR 1.6 million) for the development of port infrastructure. The money will be used for...
  • Boeing delivers UPS's 50th B767 freighter
    The US-based aerospace giant Boeing and the express provider UPS recently celebrated the delivery of the cargo operator's 50th B...
  • Airbus, EADS EFW and ST Aerospace finalise agreement for A330P2F conversion programme
    Airbus, ST Aerospace and EADS EFW have finalised the agreement to establish the collaboration for the launch of the A330 passenger-to-freighter (P2F) conversion programme. This fol...
  • DB Schenker expands capacity for growth in Dublin region
    DB Schenker in Ireland has opened a new logistics centre at Furry Park, Santry, Dublin. The facility comprises a nearly 8,000 sqm high bay warehouse. This is already DB Schenker's ...
  • Spirit Pub Company selects Kuehne + Nagel
    Spirit Pub Company has awarded the global logistics provider, Kuehne + Nagel a long-term contract to handle the food service supply chain for its estate of more than 800 managed pu...
  • Hermes Group saw sales surge in 2011
    The twelve companies that operate under the Hermes brand were able to increase their turnover by 4.7% to EUR 1.8 billion in 2011 (2010: EUR 1.724 billion). The result was recently ...

Marine Logweb site
MAY 24, 2012
  • Newport News Shipbuilding marks a CVN 78 construction...
  • Port of LA moves ahead on marine research center project
  • Ingram completes U.S. United Barge Line acquisition
  • Coast Guard works with towing vessels to meet national safety...
  • SpecTec names Evan Efstathiou Executive Director of SpecTec...
  • Nautronix to supply deepwater acoustic positioning systems for...
  • IHC Merwede opens new facility in U.S.A
  • Shipowners form human SOS to protest piracy

World Wide Shipperweb site
MAY 24, 2012
  • Port of Anacortes changing makeup of senior staff positions
  • Crowley taps Laura Yellig as new vice president
  • Coast Guard to controll access to Willamette River during Rose Festival
  • Labor woes hit operations at Port Metro Vancouver
  • APL joining Pacific International in new Far East/Red Sea service

Lloyd's Listweb site
MAY 24, 2012
  • Frontline 2012 plans to order up to 24 tankers
    Fredriksen spin-off strikes confident tone in distressed market
  • MCA manager unfairly dismissed, tribunal holds
    But safety allegations not seen as public interest disclosure
  • Panama Canal fees hike planned for July
    Authority pledges to listen to shipping concerns
  • Deiulemar Compagnia appeals against bankruptcy ruling
    Improved offer to creditors mooted as younger generation strives to save company
  • Up to 12% of world tanker fleet faces the scrap
    DNB report says 44m dwt ripe for demolition by 2016
  • Cheniere to borrow $2bn for Sabine Pass
    Meeting with banks next week will discuss purchase of natural gas pipeline
  • HSH Nordbank looks to full-year profit after positive first quarter
    Ship finance giant is reducing its portfolio
  • ISO to develop IMO's international standard for armed guards
    Draft will be ready for maritime safety committee meeting in November
  • Venezuela-China deal boosts VLCC demand
    Latin American state doubles loan for oil deal to $8bn
  • Supramax markets are worlds apart
    Atlantic booms as Pacific busts
  • Rainbow-Cargotec Industries invests in Shanghai base
    Joint venture to develop port equipment manufacturing complex
  • P+S seeks state bail-out
    Troubled shipyard has struggled to pre-finance its orders
  • Petroplus poised to find buyer for UK refinery
    Short-term fillip for struggling transatlantic product tanker trade
  • EU Navfor coastal attack may have blocked Albedo release
    Pirates threaten to kill hostages if naval forces attack again
  • STX O&S wins $120m deals to build LPG carriers and product tankers
    South Korean yard also in final talks for orders totalling $430m for two LNG tankers and one ethylene carrier
  • May indicator shows that China's manufacturing continues to fall
    Falling PMI raises new doubts over impact of stimulus package
  • APM Terminals offers to take charge in Virginia
    Unsolicited 'conceptual' proposal covers operating all the Port of Virginia facilities in Hampton Roads
  • Reefer sadness
    Green Reefers' demise throws spotlight on sector's survival
  • Fredriksen is 'tired' of the Oslo Stock Exchange
    Golar delisting bid after tycoon's long-standing dispute with Oslo Stock Exchange
  • EU may suspend Iran P&I ban as leverage in nuclear talks
    But western governments stand firm on oil sanctions
  • China Shipping and CNPC to strengthen ties
    State-owned shipping and energy giants sign strategic co-operation agreement in largely symbolic move
  • Jonesing for a waiver
    Major investor's exit underscores how law damages US coastal shipping

Fairplayweb site
MAY 24, 2012
  • Ulstein's profits fall
    ULSTEIN, the privately owned Norwegian shipbuilding, design and system provider, today reported falls in both revenues and profit for 2011
  • Ivorian minister fired
    A MINISTER in Ivory Coast has reportedly been sacked following the disappearance of reparations from Trafigura for victims of the 2006 dumping of toxic waste
  • ECSA wants more work on sulphur limit
    EUROPE'S shipowners today urged the EU to return to the drawing board to make new fuel sulphur limits acceptable
  • APM bids for Virginia box operations
    APM TERMINALS has made an unsolicited bid for the box facilities at Port of Virginia aimed at boosting capacity by about 1.2M teu
  • Grupo TMM to exit NYSE
    MEXICAN shipping and logistics major Grupo TMM has confirmed plans to delist from the New York Stock Exchange, blaming exchange rate volatility
  • Shipowners stall more IT
    HIDEBOUND owners remain the main hindrance to more high technology on ships, INMARSAT Maritime president Frank Coles told Fairplay
  • Heavy-lift squeeze seen persisting to 2015
    TRADING conditions for heavy-lift/multipurpose tramp operators are expected to remain challenging until 2015, the Breakbulk Europe conference in Antwerp heard
  • Sundance takeover delayed
    HANLONG Mining and Sundance Resources were reported today to have agreed to delay the target for the Chinese group to seal an A$1.34Bn ($1.3Bn) takeover of the Australian group
  • Erika spill appeal heard
    FRANCE'S top appeal court today said it would reveal on 25 September whether it has sustained the convictions of Total and two co-defendants in 1999's Erika oil spill
  • Near-doubled Chinese corn imports seen
    CHINA could import 9M tonnes of maize in the current 2012-13 marketing year, almost double 2011-12's 5M tonnes, a drybulk consultancy has predicted
  • Vale said to fix Capesizes as rates slide
    CAPESIZE owners' chagrin turned into Vale's delight as the Brazilian miner made a rare move into the spot market, reportedly taking four Capesizes to ship iron ore to China
  • Singapore Shipping's profits jump by 44%
    SINGAPORE Shipping, which specialises in long-term charters of car carriers, said earnings for the last quarter of its fiscal year rose 44% year on year to $2.1M
  • Rio's 'steady as she goes'
    RIO TINTO today issued a positive assessment of Chinese iron ore demand and said it would push ahead with expansion
  • Eitzen Chemical cuts losses
    EITZEN Chemical, Norway's listed chemical carrier operator, said today its net losses in 1Q12 were cut to $16
  • FESCO offered with a 22% top-up
    RUSSIAN brokers said FESCO president Sergei Generalov is selling out at a price valuing the shipping group at $1.4Bn

The Journal of Commerceweb site
MAY 24, 2012
  • Gunthers Transport Owner Files Bankruptcy Petition
    The owner of a trucking company shut down by federal regulators last year for numerous safety violations has filed for...
  • LA Council Accepts ACTA, FDRA Finance Agreement
    The Los Angeles City Council has accepted a financing arrangement between the Alameda Corridor Transportation Authority and the Federal Rail...
  • Asia-Europe Spot Rates Slide for Third Straight Week
    Spot rates on the westbound Asia-Europe trade fell for the third consecutive week, indicating vessel overcapacity on the route and...
  • Intermodal Volume Up 3.1 Percent, AAR Reports
    Intermodal freight volume hauled by U.S. railroads rose 3.1 percent in the week ending May 19, as containerized intermodal freight...
  • Geodis Expands Trucking Operations Into China
    Geodis Wilson has expanded its international trucking services in Southeast Asia into China. The company already offers a range...
  • CSX's Ward Favors West Coast Port Growth
    CSX Transportation CEO Michael Ward said he would prefer West Coast port growth to East Coast port expansion, because shipments...
  • Deutsche Post Sees Annual Profits Soaring by 2015
    Germany's Deutsche Post said it expects profits to increase by 1 billion euros ($1.25 billion) a year by 2015, driven...
  • OOCL to Hike Trans-Atlantic Rates
    OOCL said it will put a general rate increase into effect on cargo moving in both directions on the trans-Atlantic...
  • 19 Charged in International Car Theft Ring
    Nineteen persons have been charged with participation in an international car theft ring that exported stolen vehicles through the Port...
  • Canada to Legislate on Monday End of Canadian Pacific Strike
    The Canadian government plans to introduce legislation on Monday that would end a rail strike at Canadian Pacific Railway. ...
  • SCI Acquires White Glove Transportation
    Toronto-based SCI Logistics has acquired White Glove Transportation Systems Ltd., which provides specialized delivery and installation of specialized equipment such...
  • Pantos Logistics Expands in Indonesia
    Pantos Logistics has opened a second logistics center in Indonesia to meet growing demand for domestic logistics. Located adjacent...
  • Freight Volume Declines at Singapore's Changi Airport
    Singapore's Changi Airport saw freight volume decline by 4.9 percent in April compared to a year earlier, despite aircraft movements...

Containerisation Internationalweb site
MAY 24, 2012
  • Vietnam box market: obituary premature
    Similar to Mark Twain's famous cable to the obituary editor of a New York newspaper [The reports of my death are greatly exaggerated] the head of commercial at ...
  • APL switches partners on Far East/Red Sea run
    APL and Pacific International Lines (PIL) - Singapore's two largest liner shipping companies - are to work together on a new service connecting Asia with the Red ...
  • K+N improves its Chinese
    Kuehne + Nagel's information management system KN Login has become available in simplified Chinese, in addition to English, German, French, Italian and Spanish. ...
  • Damco still ahead
    As with most forwarders, Damco's profitability suffered in Q1 12 compared to the same period last year, but it still remained in positive territory. Although its ...
  • Green Reefers' new era
    Bergen-based Green Reefers ASA is to be delisted from the Oslo Stock Exchange as a consequence of a deal reached with its largest shareholder Caiano AS which is ...
  • APM T offers billion dollar Virginia port deal
    APM Terminals (APM T) has submitted a proposal to the Commonwealth of Virginia, US, for a long-term concession for the operation of the port of Virginia - and it ...
  • CP strike will hurt Canadian shippers
    A strike by 4,800 Canadian Pacific Railway [CPR] engineers, conductors and traffic controllers that started on Wednesday is already causing chaos for the nation's ...
  • South Africa to consider cabotage controls
    The South African Government is to consider introducing legislation that will restrict the nation's cabotage trade to domestically-flagged vessels. The move is ...
  • Euro stocks plunge on 'Grexit' inertia
    European shares tumbled again yesterday as EU leaders sat in Brussels still apparently unable to agree on a strategy to solve the eurozone debt crisis - with the ...
  • FESCO rumoured to be sold
    According to a rumour picked up by Reuters, Russia's Far Eastern Shipping Company (FESCO) is up for sale, and all but sold to the Summa Group for around USD1 billion. ...S

TradeWindsweb site
MAY 24, 2012
  • A&P secures floatel jobs
    UK ship repairer to convert two subsea construction vessels into pair of floating accommodation units.
  • Total extends Pacific charter
    Ofer family's offshore drilling company sees contract on deepwater unit extended by another year.
  • Tanker demo age heads lower
    Large crude carriers now being scrapped at an average of twenty-one-years, says research from Bimco.
  • Deiulemar Compagnia appeals
    Deiulemar Compagnia di Navigazione drafts "the King of bail-outs" to lead appeal against Italian bankruptcy ruling.
  • GLNG branded 'buy'
    Analyst urges clients to grab shares of Golar LNG Ltd as it prepares to hit the accelerator on FSRU dropdown and dividend.
  • Idil limps toward Bahamas
    Cause of Idil explosion still under investigation as containership heads to Freeport where MSC blast probe will resume.
  • Berlian Laju on a roll
    Struggling shiponwer reaches second tentative legal settlement in less than a week as KPI Bridge Oil ices $2.5m bunker beef.
  • Curtain call feared at FRO
    Frontline 2012's $578m fleet expansion coup may set the stage for the unwinding of its maker, Wells Fargo warns.
  • Moody's downs NNA
    Ratings firm trims grades amid unease about debt and delivery schedule attached to Greek tanker owner's latest MR2 order.
  • SFI sweeps to Q1 profit hike
    New York-listed shipowner surprises the street as it mulls separation of containership business.
  • Frontline 2012 shows its hand
    Drybulk, LNG and tanker expansion on the cards for John Fredriksen's latest firm as the addition of up to 24 newbuildings looms.
  • HSH Nordbank on the up
    German shipping bank makes 2% more profit in first quarter, but is warning of higher loan loss provisions this year.
  • Tug refloated off Holland
    Marineco vessel found itself high and dry at Ostend after anchor manouevre.
  • Harry voices LNG hope
    Stealthgas king-pin Harry Vafias says Nasdaq-listed owner has half an eye on the booming sector.
  • Oceanteam earnings flat
    Dutch offshore owner reports steady net profit despite a big hike in revenue.
  • Ferry freed by crane
    Who needs tugs when you can just lift a grounded vessel off the rocks?
  • Ulstein profit takes a hit
    Gunvor Ulstein-led yard sees per-tax figure dip but remains upbeat about its full-year numbers.
  • Total fights Erika fine again
    Last chance for oil major to overturn ruling on 1999 tanker sinking as appeals court hearing begins.
  • Jefferies take a shine to STNG
    Investment bank initiates coverage of New York-listed tanker owner with a buy tag.
  • Minister convicted over SeaFrance jibe
    France's Arnaud Montebourg fined token EUR 4 for calling directors of collapsed ferry line "crooks."

American Shipperweb site
MAY 24, 2012
  • U.S., Romanian business council formed
  • U.S. Customs considers combining C-TPAT, ISA
  • CBP trade centers help stop fake meds
    Customs last fall established integration centers to centralize the entry summary process for certified shippers in the pharmaceutical/healthcare and consumer electronics/information technology industries.
  • Fake UPS van fails to make human delivery
  • APM Terminals makes bid to operate Port of Virginia
    The terminal subsidiary of the A.P. Moller-Maersk group said Wednesday it has made an offer to operate the Virginia Port Authority's facilities in Hampton Roads as well as at inland locations.
  • Jaxport, Army Corps sign on Mile Point project
    The Jacksonville Port Authority and Army Corps of Engineers on Wednesday entered an agreement for the Mile Point project, which will improve the navigation on the St. Johns River for larger ships.
  • K+N moving to bigger Atlanta facility
    The new 211,000-square-foot office and logistics facility will be located in the Camp Creek Business Center, about three miles from Hartsfield-Jackson International Airport.
  • Evergreen to assess Asia-Europe surcharge
  • CTSA increases CAF rate
  • Scottish port makes upgrades for renewables

The Bunker Bulletinweb site
MAY 24, 2012
  • Mixed price movements in Rotterdam and Hamburg
    Barges congested in Piraues.
  • Sulphur limits are 'anti-business'
    Move to formalise introduction of 0.10% sulphur cap reignites opposition from business leaders.
  • IFO prices fall sharply in Fujairah
    No IFO in Cape Town.
  • Ban on heavy fuel oil hits passenger numbers
    Visits to Antarctic waters at their lowest level for almost ten years.
  • Low sulphur fuel: 'Issue of availability is increasingly pressing'
    The 'enormity of the change' triggered by sulphur regulations should not be underestimated.
  • Fuel oil stocks climb as bunker demand falls
    Singapore onshore stocks set to rise further.
  • Bunker prices generally soft in key Asian ports
    Supplies of bunker fuels were 'mostly fine'.
  • DNVPS expands quantity survey service to Jamaica, Trinidad & Tobago
    DNVPS BQS service coverage extends to over 100 port locations, says Managing Director.
  • Steel producer 'very concerned' over likely ECA costs
    Bunker sulphur limits are 'not creating positive investment climate'.
  • Lithuanian terminal considers LNG bunkering
    'Liquefied gas bunkering is a priority area for EU support funding,'says energy company CEO.
  • Credit has become a 'negotiable parameter'
    Denmark-based marine fuel supplier tightens its credit evaluation in a bid to reduce non-payment risks.
  • Dutch chartering firm orders fuel efficient support vessel
    Fuel efficiency 'key factor' which led Sima Charters to order vessel, says owner.
  • Chimbusco takes delivery of 3,600 dwt bunker tankers
    Vessels will 'provide strong growth for developments of Chimbusco', says firm.

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