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Independent journal on economy and transport policy
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BRIEFS
October 29, 2012
Sched Netweb site
  • Asia-Europe rates rise 22.4pc to US$1,315/TEU after three-month slump
  • Increasing pace of Asia-Europe layups will support rate hikes: Analysts
  • NOL credits new efficiency, rate stability for first profit since 2010
  • Panama's Colon road traffic at standstill as riots pause, then resume
  • World Bank declares Singapore more business friendly than Hong Kong
  • Fujian September foreign container volume rises 5.8pc to 955,700 TEU
  • Guangxi Autonomous Region launches direct shipping service to US
  • Shenzhen hits transport sector with new national VAT from November
  • New Canadian Pacific CEO delivers 20pc profit hike as revenues rise 8pc
  • Argentine floods bring terminals in San Lorenzo port to standstill
  • Black Sea feeder, short-haul services focus on Port of Novorossiysk
  • Ex-TNT boss Marie-Christine Lombard named CEO of state-owned Geodis
  • DP World to start building 1.3 million TEU capacity Turkish terminal
  • Globe Express opens 23,000-square-metre terminal yard in Dammam
  • Korean Air third quarter operating profit up 30.5pc to US$309.7 million
  • UAL quarterly profit declines 37pc to US$6 million, revenue off 2.6pc
  • Deutsche Post, DHL set up parcel centre near Frankfurt-Main Airport
  • Air Tanzania slammed for wasting state funds in leasing old, costly 737

Exim Indiaweb site
OCTOBER 26, 2012
  • Chances of ships colliding with fishing vessels high: Vasan
  • Containership deliveries set for new high in 2013
  • Daniel Terbille is FIATA's Young International Freight Forwarder of the Year
  • Gujarat Junction 2012 to see comprehensive deliberations on pertinent issues in maritime
  • Heavy crude imports to surge on public sector demand
  • Maersk Line wins Lloyd's List Environment Award for the Middle East & Indian Subcontinent
  • NOL Chairman calls for container shipping to focus on efficiency & cost control
  • SCI adds one more Panamax bulk carrier to fleet
  • West African pirates seen honing methods
  • Adani Enterprises' EBIDTA increases 8 pc in Q2
  • Proposed Tuas megaport to sharply boost Singapore's box handling capacity
  • CN lauded for climate change information disclosure
  • Investment in highway projects shoots up to 1.75 lakh cr.
  • Service tax on parcel traffic
  • Forex reserves up $ 359 m
  • INR rises 16 paise last week
  • Mate's Receipt-A ghost document
  • An opportunity for Middle Eastern project forwarders to enhance skills
  • Rhenus facilitates shipment of 45 rotor blades from China to Germany

International Transport Journalweb site
OCTOBER 26, 2012
  • IDS: new transport service for private recipients is successful
    Demand is steadily rising for a new transport service for private recipients that was introduced by the general cargo alliance IDS around a year ago. The number of these type of sh...
  • CSX earns 2% less in Q3
    The CSX Corporation, based in Jacksonville FL and one of the USA's leading providers of rail, intermodal and rail-to-truck trans-loading services, posted Q3/2012 net earnings of US...
  • RheinCargo's supervisory board elects chairman and deputy
    Six weeks after the German logistics service provider RheinCargo GmbH began business activities, the firm's supervisory board elected Rainer Pennekamp as its chairman and Michael Z...
  • Meritor trailer axles designated as standard equipment on Wabash National Trailers
    Lafayette IN-based Wabash National, one of the leading manufacturers of semi trailers in North America, has selected Meritor, headquartered in Troy MI, and the world's largest man...
  • Korean Cargo's future Boeing B777 freighter being built at increased rate
    The US airframe manufacturer Boeing has started building the first B777 at the highest rate ever for its twin-aisle aircraft. The rate of 8.3 airplanes per month is a nearly 20% in...
  • Rail Cargo Austria puts non-craneable trailers on the tracks
    The Austrian railfreight service provider Rail Cargo Austria has developed innovative handling technology for intermodal rail traffic. The system enables all common types of non-cr...
  • Airbus inaugurates A350 XWB final assembly line
    The European aircraft builder Airbus inaugurated the wide-body A350 XWB final assembly line this week (week 43). This was an event that occurred 40 years after the maiden flight of...
  • Chinese become second largest shareholder of French airline
    The French airline company Aigle Azur, founded in 1946 and based in Paris Orly airport, has come to an agreement with the Chinese HNA Group. When the pact takes effect, HNA will po...
  • Wascosa reorganises management
    Wascosa,a European tank car lessor, recently reorganized its management. Thomas Karsten joined the company on 1 October and took over the position of chief sales officer from Richa...
  • Rhenus transports rotor blades from China to Europe
    Rhenus Project Logistics, part of the German Rhenus Group, was recently mandated by a rotor blade manufacturer to organise the maritime transport of 45 rotor blades from China to C...
  • Aramex reports growth in revenue and net profits in Q3
    The logistics company Aramex, which is listed on the Dubai stock exchange and has its global HQ in Amman (Jordan), has announced revenues of AED 763 million (EUR 160.2 millio...
  • Hermes: New contract with John Lewis in UK
    The parcel carrier Hermes UK, a member of the German Hermes Group, has won a new contract to run home delivery services for the retail giant John Lewis. The three-year deal will se...
  • Euroports and Compagnie Fruitière jointly invest in multi-purpose refrigerated fruit terminal
    Euroports and Compagnie Fruitière are jointly investing in a multi-purpose refrigerated fruit terminal. The facility will be located at Euroports' breakbulk terminal on the left ba...

Marine Logweb site
OCTOBER 26, 2012
  • Crowley christens first ocean class tugs
  • Royal Caribbean confirms it is negotiating for third Oasis

World Wide Shipperweb site
OCTOBER 26, 2012
  • DOE surprises Port of Port Angeles with $2 million dollar cleanup grant
  • General Dynamics NASSCO delivers final T-AKE 14 ship
  • Vehicle charging stations online at Portland International Airport
  • US rail freight traffic delivers mixed bag for week
  • NYK LNG vessel takes charge in recue of Sri Lankan fishermen

Lloyd's Listweb site
OCTOBER 26, 2012
  • Quasi-covered bonds could monetise shipping portfolios
    Flexible instrument allows banks option other than fire sale
  • Lekki terminal aims to boost Nigeria's box trades
    ICTSI site offering 2.5m teu of annual capacity is due to open in 2016
  • Maritime skills matter
    A range of maritime apprenticeships are in place in the UK that can match the capability of all who wish to work at sea
  • Aquasition up and running in New York
    Greek-backed acquisition vehicle begins trading on Nasdaq after raising $58m
  • Nobiskrug eyes Lindenau purchase
    Shipyard also in the frame for facilities of bankrupt P+S Werft
  • Fincantieri lands new orders worth $1.3bn from Carnival
    Bono hails 'very positive development for the Italian economy and the global cruise industry'
  • Suezmaxes rally as oil companies rush to book ships for November loading
    Stagnation ends in the Black Sea-Mediterranean and West African markets
  • Fifth of VLCC fleet eligible for conversion into offshore units
    As tanker market slides, owners will seek refuge in conversions
  • Fear of disclosure
    Orders to owners to unveil full information on assets have become the 'nuclear option' in charterparty disputes
  • Chinese bunker demand to grow 10% per year
    China Marine Bunker expects the country's consumption to exceed 25m tonnes in 2015
  • Greeks scale back on newbuildings
    New orders show greater-than-average drop in first nine months
  • HSH Nordbank owners prepared to increase rescue facility
    But bank says option to restore higher second-loss guarantee is 'not planned at the moment'
  • HHI suffers $73m losses from TMT defaults
    The world's largest shipbuilder books losses for seven 84,062 dwt bulkers and two 263,000 dwt ore carriers after deeming them cancelled orders
  • HSH Nordbank seeks to liquidate Omega Navigation Enterprises
    Case on brink of collapse after 15 months, as lender concedes 'Chapter 11 cannot solve weak market'
  • Responsible thinking
    Corporate social responsibility means changing a mindset, and that is probably difficult for owners looking at bleak financial horizons
  • Capesize market enjoying the ride
    Despite some bumps, brokers see capesize market staying afloat for several weeks
  • BMP4 needs to be updated to remain relevant, says Maersk Line
    Container giant arms its vessels selectively, based on risk assessment
  • Lull in piracy sparks concern that countries will cut naval forces
    Nato focuses efforts on preventing the pirating of dhows
  • Costamare offshoot pleads guilty to Rena pollution charge
    Tauranga court hands down $246,000 fine
  • Cosco Shipping warns of profit slump
    Full-year net profits to be more than 50% lower as bunker bills undermine rise in shipments
  • Korea Eximbank and K-Sure lend $3bn to Australian LNG project
    Credit will eventually go to contractors Samsung and Daewoo
  • Omega launches aggressive attack in Chapter 11 squabble
    Kassiotis company brandishes dormant US sanctions process and Greek lawsuit to browbeat lenders

Fairplayweb site
OCTOBER 26, 2012
  • Aquasition completes IPO
    BLANK-CHEQUE company Aquasition Corp began trading today on NASDAQ under the symbol 'AQUUU' after successfully completing its initial public offering
  • B&G enters OSG fray
    BRACEWELL & Giuliani announced today that it is representing a group of OSG bondholders in addressing the tanker company's threat of a potential bankruptcy filing
  • Daina pleads guilty and fined in Rena casualty
    DAINA Shipping, a subsidiary of Greece's Costamare, reportedly pleaded guilty today in a pollution prosecution growing out of New Zealand's Rena casualty
  • COSCO Shipping's profits plunge 73%
    COSCO Shipping said today its Q3 profits fell 73% year on year
  • Insurer: disputes fall even in tough times
    GERMAN freight, demurrage and defence insurer Schutzverein Deutscher Rehder has reported lower numbers of disputes this year
  • Silport's handlings rise 29%
    ESTONIAN port operator Silport said it handled 29% more cargo in January-September than in the same period of 2011
  • Tallinn buys icebreaker
    ARCTIA Shipping, Finland's government-owned icebreaker operator, said Tallinn's port has bought its multipurpose ship Botnica for €50M ($64.6M)
  • Seadrill to bid for AOD
    SEADRILL said today it plans soon to bid for all of Asia Offshore Drilling after acquiring a controlling interest in it
  • 'Pirate' killed in NATO attack
    NATO SAID its forces have killed a suspected pirate and destroyed a dhow during a shootout just metres from the Somali coast
  • Tankers auctioned in China
    NINGBO's maritime court yesterday auctioned three chemical tankers en bloc for 174M yuan ($28M)
  • Sainty Marine's profits fall 46.7%
    SHENZHEN-listed Sainty Marine's third-quarter profits slumped by 46.7% year on year to 19M yuan ($3M), dragged down by an interest payments surge
  • NOL sells HQ for $311M
    NOL HAS sold its building in Singapore for S$380M ($311M) to compatriot property developer Fragrance Group

The Journal of Commerce - Maritimeweb site
OCTOBER 26, 2012
  • Northeast Ports Prepare for Hurricane Sandy
    Seaports in the projected path of Hurricane Sandy were battening down the hatches Friday in anticipation of the storm's impact whenever it hits the Northeast coast on Monday or Tuesday. Where the storm may hit along the East Coast was...
  • Hapag-Lloyd Sets East Asia Rate Hikes
    German ocean carrier Hapag-Lloyd will increase its rates on East Asia services starting in November. Rates on shipments from East Asia (excluding Japan) to the Indian subcontinent will increase 150 per 20-foot-equivalent unit, effective Nov. 1. The subcontinent region includes ports in India, Pakistan, Bangladesh and Sri Lanka. Effective Nov. 24, the...

Containerisation Internationalweb site
OCTOBER 26, 2012
  • Schenker sets up logistics academy in China
    DB Schenker has opened its own logistics academy to train employees in China. With around 5,000 employees in 60 cities in China, DB Schenker is one of the country's ...
  • UK gets Olympic & Jubilee bounce
    A boost from ticket sales for the London Olympic and Paralympic Games, coupled with a bounce-back from the negative impact of the Queen's Jubilee holidays in the ...
  • MSC follows the pack with global reefer GRI
    MSC, the world's second-largest ocean carrier, has fallen into line with its rivals by introducing a USD1,500 per container general rate increase on reefer containers ...
  • Index-linked service contracts grow
    The use of index linked service contracts, hedging and derivative tools in the liner shipping industry is accelerating according to Michael Blach, vice president ...
  • American truckers at the cross roads
    The American Trucking Associations' [ATA] for-hire truck tonnage index advanced by 0.4% in September after falling by 0.9% the previous month; in line with the ...
  • 'Looking beyond the port gates' wins it for Peel Ports' Port of Liverpool
    That in the opinion of the judging panel was a significant factor influencing their votes in the Port Authority of the Year category in last week's Containerisation ...
  • Maersk feeder re-floated at Valencia
    The 645TEU Celia laden with empty Maersk Line equipment was re-floated yesterday almost a month after severe storms ripped it from its anchorage in the roads of ...

TradeWindsweb site
OCTOBER 26, 2012
  • T&T buys out Bisso
    T&T Marine Salvage of Texas is buying out Bisso Marine's stake in a joint venture that has earned a reputation as one of the notable names in the tug and salvage space at home and abroad.
  • Bondholders band together
    A prominent US law firm has clinched a contract to provide counsel to Overseas Shipholding Group's bondholders on the back of Monday's bankruptcy warning.
  • Scorpio poised to sting
    Scorpio Tankers' Robert Bugbee is promising to "end the debate" over the advantages of fuel-efficient "eco ships" when the New York-based owner releases its third-quarter results on Monday.
  • Gibson's winter warmer
    EA Gibson has delivered a little good news to warm the hearts of embattled tanker owners this winter.
  • Carnival doubles down
    CEO says sales may be on the horizon as fleet renewal programme gains steam.
  • Vosco weaker
    Vietnam Ocean Shipping (Vosco) has more than doubled its deficit in the first nine months of 2012.
  • A couple for Classic
    George Economou's Classic Maritime has picked up a couple of capesize bulkers on period deals with rates close to 2012 highs.
  • Deiulemar man out
    Deiulemar's former chartering surpremo has been freed from jail on health grounds, say Italian press reports.
  • Cosco lines up bonds
    Shipowner China Cosco Holdings Co (CCHC) is planning a bumper sale of bonds worth $2bn.
  • ISC hurt in third
    International Shipholding Corporation has seen its third quarter profit shrink as revenue fell away.
  • Greeks facing tax hit?
    The Greek government is reportedly considering imposing a new cargo tax on shipowners as it tries to dig itself out of its financial hole.
  • Attorney probes OSG
    OSG's legal team looks to have earned its corn in anticipating lawsuits in the wake of the tanker owner's woes.
  • CSDC doubles on bonds
    China Shipping Development Co (CSDC) is selling another CNY 2.5bn ($399.5m) of bonds to bolster its finances.
  • Life on a burning deck
    We take a look at what was said in the market in the past week.
  • Libra adds to VL weight
    TradeWinds digests the digits making the headlines this week.
  • Siem's Star rises
    Siem Shipping has posted a vastly improved set of third quarter numbers thanks to a streamlined fleet.
  • Badger badgered
    Two Wisconsin politicians want a veteran ferry to stop dumping coal ash into Lake Michigan.
  • Foggy foul-up
    A distracted watch officer and a lack of precautions have been blamed for a collision between a Seatrade reefer and a Stealth Maritime LPG carrier in fog off the UK.
  • Celia refloated
    One of the two multipurpose vessels that grounded on a Spanish beach earlier last month has finally been moved.
  • BW Gas joins BP race
    BW Gas, the world's biggest player in the segment for the largest LPG carriers, has joined the race a BP-owned VLGC .
  • ADM eyes Lindenau
    Germany's Nobiskrug shipyard is plotting a takeover of insolvent tanker-building specialist Lindenau.
  • Seadrill bids for AOD
    Seadrill is looking to takeover Asia Offshore Drilling (AOD) after taking majority control of the company.
  • Shipping hurts Santander
    Spanish bank Santander's UK arm has made loan loss provisions of £335m ($537m) as shipping's crisis drags on.
  • Koreans put up $3bn
    Korean lenders are backing domestic yards' orders for Australia's Ichthys LNG development to the tune of $3bn.
  • Harley orders barges
    Harley Marine Services has picked Lousiana-based Conrad Shipyards to build four sister-class double hull petroleum barges.
  • Costamare pleads guilty
    Costamare has pleaded guilty to causing marine pollution off New Zealand and has been fined NZD300,000 ($246,000).
  • Bumi adds to backlog
    Malaysia's Bumi Armada has added five new contracts to its work backlog that are potentially worth up to MYR249m ($82m).
  • RCL eyes more tonnage
    Royal Caribbean says it is in discussions to build a third Oasis-class cruise ship, but has yet to make a firm commitment.

American Shipperweb site
OCTOBER 26, 2012
  • Hyundai to assess PNW reefer export surcharge
    The liner carrier said this week it is implementing a new $300 surcharge on all refrigerated containers originating in the Pacific Northwest market destined for Asia, the Indian Subcontinent and Middle East.
  • Echo Global buys Sharp Freight
    Echo Global Logistics said Thursday it has acquired substantially all of the assets of Sharp Freight Systems, an intermodal and truckload brokerage firm based in Yorba Linda, Calif., and with an office in Houston.
  • XPO buys truck brokerage from OHL
    XPO Logistics has acquired the operating assets of Turbo Logistics, the freight brokerage division of Ozburn-Hessey Logistics (OHL). The cash purchase price was $50 million, excluding any working capital adjustments.
  • Hadden to lead Port of Boston
    The Massachusetts Port Authority (Massport) named Deborah A. "Deb" Hadden, deputy port director of properties and transportation, as acting port director. She will oversee all aspects of Massport's maritime department.
  • Hapag pulls Baltimore from transatlantic loop
  • Asian lines slow SE Asia-Australia loop, add Fremantle
  • Lufthansa Cargo boosts winter flights
  • Accellos adds mobile applications
  • NCA touches down at DFW airport
  • International Shipholding reports smaller 3Q profit
  • SynchroNet starts door-to-door service
  • CEVA names VP of Americas business development
  • Old Dominion moves to bigger Detroit site
  • Law firms pounce on OSG
  • Rena owner fined in New Zealand court
  • Don's Cold Storage expands in Missouri

The Bunker Bulletinweb site
OCTOBER 26, 2012
  • Weekly global bunker price roundup
    A weekly price round up of bunkering hubs from around the world.
  • Bunker prices in the Americas mixed as week ends
    Demand was heavy on the US Gulf, according to a local supplier.
  • Vessels in Halifax order LSFO from New York
    Vessels forced to order LSFO fuel from New York due to insufficient avails in Halifax.
  • 'Frankenstorm' prepares to lash US East Coast
    Forecasters calling for 'hybrid' super storm that has potential to wreak havoc along US East Coast.
  • Markets soft in North European hubs
    Good avails but quiet market in Hamburg.
  • Fujairah prices stay soft
    But mixed picture in South African ports.
  • North American ECA 'hits bunker sales in UK port'
    Vessels approaching European waters 'already have ECA-compliant fuel on board'.
  • Chinese supplier in new bid to raise cash
    Chimbusco to issue notes worth almost $48 million.
  • Arte hires bunker trader
    Logistics background before joining bunker sector.
  • VLOCs could run on LNG
    Valemax 'well suited' to carry large LNG bunker tanks.
  • UK terminal operator looking a small-scale LNG bunkering
    Technical and commercial studies being undertaken.
  • Maersk Line: LNG infrastructure 'is just not there'
    'Conventional bunker fuel is likely to remain the most practical choice.'
  • Cruise ship release offers hope to cash-strapped owner
    Australian charter to be cashflow lifeline if ship is released.
  • Daina Shipping fined for Rena spill
    'The guilty plea by the owners has led to this case being resolved in a timely fashion.'
  • Week ends with IFO prices largely down
    Supplies of marine fuels fine at key Asian ports on Friday.
  • Costly bunkers lend urgency to port investment
    Bigger ships will want quicker turnarounds.
  • US study considers impact of speed limit on OGVs
    Finds various emissions decreased by up to 70% when vessels adopted speed of 12 knots, when compared to regular speeds.
  • Private equity firm mulls investment in fuel efficient ships
    Fuel consumption of vessels will be the 'main thing' Vigor Capital will look at, says spokesman.
  • 'No single solution' to meet future environmental regulation
    Fixating on one solution may create 'unnecessary problems' for the shipping industry, says Shell Marine Product general manager.

›››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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