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Independent journal on economy and transport policy
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BRIEFS
August 2, 2013
Sched Netweb site
  • Cosco to post 85pc smaller loss, but sell-off needed to avoid de-listing
  • MOL back in black, but owes much to cost-cutting in stagnant markets
  • West-east Med-North America box route May traffic up, but capacity slips
  • Seaspan back in black, orders 14,000-TEUers, with 4,600-TEUers delivered
  • Avoid New York-New Jersey for delays, Hapag-Lloyd advises shippers
  • EU strikes deal on solar panels with China, defusing escalating trade row
  • EU to enter talks with China on ending its anti-dumping wine probe
  • First of withdrawn MOL Comfort sisters to return to service mid-August
  • Dalian port's first half throughput grows 23.3pc to 4.44 million TEU
  • Xiamen's half-year fruit imports from Taiwan up 43pc to 6,955 tonnes
  • Nordea Bank and DNB see recovery in ship lending as loan losses diminish
  • DP World first half box volume declines 5.7pc to 12.8 million TEU
  • Golden Sea Shipping combines Thai, Myanmar feeders, splits into 2 loops
  • RCL charters out six redundant ships to offload surplus capacity
  • TT Club advises carriers' to remain vigilant against fake reefer gas
  • Amsterdam Schipol Airport sees 1pc growth in first half to 736,608 tonnes
  • NYK's Nippon Cargo Airlines posts quarterly loss of US$24.4 million
  • Cargolux's B747-F flight certified by Ho Chi Minh City airport

Exim Indiaweb site
AUGUST 1, 2013
  • Asia-North Europe spot rates see first rise in three weeks, up 9.7 pc
  • Suez Canal functioning normally under military guard
  • Transworld Group Chairman wins Forbes Middle East Top Indian Business Leader Award in UAE
  • MRPL to resume imports of Iranian crude
  • Pulses import to fall by 25 pc on good production
  • Tyre manufacturers opt to import rubber
  • APSEZ's Q1 consolidated total income up 73 pc
  • US President Barack Obama, Transportation Secy Anthony Foxx visit MOL s TraPac Jacksonville
  • Visakhapatnam Port projects seeing slow progress
  • Engg exporters to seek tax exemption
  • Gati Infrastructure builds hydro-electric power project in Sikkim
  • Govt increases import tariff value for gold, silver
  • Govt increases interest rate on subsidy to boost exports
  • India Inc urges PM to increase import duty on non-essential items
  • INR recovers on RBI intervention

Marine Logweb site
AUGUST 1, 2013
  • Calypso Reef Cruises adds day cruise boat
  • BC Ferries to build three new vehicle ferries
  • Victor Restis faces new charges

World Wide Shipperweb site
AUGUST 1, 2013
  • Co-lead agencies eye EIS for Cherry Point projects
  • "K" Line adding subsidiary covering RO/RO business
  • Port of Olympia sponsoring micro-brewery showcase event
  • Port of Tacoma taps Stoker as operations center head
  • ZIM Integrated Shipping Services joins Clean Cargo Working Group

Lloyd's Listweb site
AUGUST 1, 2013
  • Enter Elliot
    Hedge fund involvement in Sanko workout proves private equity's attraction to shipping
  • Seaspan's $550m order goes to Hyundai Heavy Industries
    Brokers suggest UASC will be the charterer
  • You can count on us
    IMB hits back at reports that piracy figures do not add up
  • Eight declared guilty in Sea Diamond trial
    Court hands suspended sentences to master, company officials and DNV surveyor
  • Pacific Basin will double fleet by year-end
    Acquisition waiting game pays off for dry bulk firm
  • US hedge fund Elliot sponsors Sanko Steamship
    Update: Sanko retains some 10 owned ships and 40 chartered-in vessels
  • Golar LNG secures $450m 10-year contract for FRSU
    Contract to start during first quarter of 2015
  • MCC Transport starts Myanmar service
    Feeder vessels will connect growing nation to transhipment hubs in Southeast Asia
  • Cosco Corp second-quarter net profit falls 61%
    Shipbuilding figures reflect industry downturn and weaker macro environments
  • Transatlantic product tankers hit earnings high
    Chartering picks up pace for Europe-US gasoline voyages
  • CSAV goes back to black but predicts difficult third quarter
    Hasbún expects price increases on Asia-Europe trade to spread to other routes
  • Charred Hansa Brandenburg starts to discharge
    Boxes removed as investigators probe the cause of the blaze
  • Barcelona reports double-digit box export growth
    Devalued euro means cheaper goods dispatched through Spanish port
  • Genco reports net loss of $93.5m
    US dry bulk owner sees increased losses as rates worsen
  • First Ship Lease Trust confirms extended relaxation of loan covenants
    Singapore-listed shipping trust resumes trading
  • Rongsheng lands new shareholder via a $181m convertible bond
    Yard secures financial aid in deal with VMS
  • P3 will bring stability, says CSAV
    Chile-based carrier ponders joining industry giants or forging rival alliances

Fairplayweb site
AUGUST 1, 2013
  • Shaky start for Ardmore
    'ECO' TANKER owner Ardmore Shipping priced its IPO below the target range last night and saw its shares drop in today's NYSE debut
  • Box rates get off seesaw?
    SPOT BOX rates are continuing to seesaw, but the outlook has become a little more robust as the peak season began today, a senior shipping analyst said
  • KSS Line profits rise 265%
    SOUTH Korean LPG and chemical shipping specialist KSS Line said today 2Q13 net profit surged 265% year on year
  • Rongsheng issuing bonds
    CHINA Rongsheng HI said it has conditionally agreed to issue HK$1.4Bn ($180.54M) in 7% convertible bonds, due 2016
  • APSEZ profits rise 51%
    HIGH GROWTH in revenues helped Adani Ports & Special Economic Zone post a 51% increase in consolidated year-on-year net profits for its April-June quarter
  • CSAV improves cost efficiency
    CHILEAN liner CSAV cut its adjusted losses during the latest quarter, buoyed by a one-off gain from a loan prepayment and improved operating returns
  • Zhongchang to invest in two units
    CHINA'S Zhongchang Marine said it plans to invest 150M yuan ($24.48M) in its two wholly owned subsidiaries
  • 'K' Line diversifying ro-ro cargo mix
    'K' LINE told Fairplay today that flat growth in vehicle cargo shipments is prompting Japan's third-biggest shipowner to seek breakbulk cargoes for its pure car & truck carriers
  • COSCO (Singapore) profits slashed by 56%
    COSCO Corp (Singapore) posted a 56% fall in net profits for 2Q13, ended 30 June
  • Pacific Basin returns to profits
    HONG KONG-listed Pacific Basin said today it returned to the black in 1H13, as its drybulk business outperformed the weak spot market
  • Frontline pares ATM volume
    FRONTLINE, the listed VLCC and Suezmax operator in John Fredriksen's business empire, said it issued 329,532 new ordinary shares in July
  • SINOPEC starts building Guangxi LNG scheme
    SINOPEC, China's second-largest oil giant, said today it has started construction at its LNG terminal in the Guangxi region
  • Strike sparks delays
    GERMAN shippers face severe material delays, premium freight expenses and missed sailings because of a continuing strike by inland lock operators
  • BH swings to losses
    SINGAPORE shipbuilder BH Global Marine posted losses of $0.28M in 1Q13, ended 30 June
  • FSL confirms 6-month loan relaxation
    FIRST Ship Lease Trust today confirmed its loan covenants have been relaxed for another six months

The Journal of Commerceweb site
AUGUST 1, 2013
  • Hutchison Port Holdings' Throughput Rises 2 Percent
    Hutchison Whampoa reported its throughput for its ports and related services division was 37.9 million 20-foot-equivalent units in the first six months of 2013, up 2 percent year-over-year. From January to June, revenue for Hutchison Port Holdings rose 6 percent to HK$16.9 billion (about US$2.2 billion), compared to the same period...
  • Yusen Logistics Posts Fiscal Year First Quarter Loss
    Major Japanese international freight forwarder Yusen Logistics Co. said that it slipped into the red in the first quarter of fiscal 2013, which started on April 1, despite a big jump in operating revenue. Yusen Logistics suffered a group net loss of 592 million yen ($5.98 million) in the April-June quarter,...
  • DB Schenker to Test China-Germany Intermodal Run
    DB Schenker will launch a new China-to-Germany intermodal pilot service on Aug. 14 in conjunction with partners in China, adding to the growing number of rail options available to shippers seeking faster delivery times to Europe from China than currently possible using slow-steaming ocean liner services. The company is also examining the...
  • Singapore Builds for the Future
    The same focus on innovation in manufacturing and logistics that made Singapore a global powerhouse will allow the island to capitalize on Asian trade growth, the executive director of logistics at Singapore's Economic Development Board. Asia's trade may be slowing, but it's a temporary phenomenon because trade's key drivers - including...
  • Atlas Air Worldwide Reports 32.8 Percent Drop in Profit
    Atlas Air Worldwide's net income plummeted 32.8 percent from $31.2 million in the second quarter of 2012 to $21.0 million in the second quarter of 2013. Quarterly revenue for the American cargo and passenger charter airline was $403.6 million in total, down from $424.7 million in the same quarter last year. However,...
  • FMC Seeks Public Input on 2014-2018 Draft Plan
    The U.S. Federal Maritime Commission is inviting public comment on its initial draft plan for fiscal years 2014 to 2018, which replaces and updates the current plan for 2010 to 2015. One major difference between the FMC's current strategic plan and the initial draft plan for 2014 to 2018 includes the...
  • Fewer Infrastructure Deals in 2013, But Higher Values
    Infrastructure "mega deals" continued to drive up deal value in the transportation and logistics industry in the second quarter of 2013, despite subdued merger and acquisition activity overall, according to PwC US, the U.S. firm of PricewaterhouseCoopers. In the second quarter, there were 31 transportation and logistics transactions worth $50 million...
  • DOT Proposes to Cut 'Burdensome' Trucking Paperwork
    Anthony Foxx, U.S. transportation secretary, has announced a proposal to eliminate a "burdensome" daily paperwork requirement for professional truck drivers, in order to reduce costs to the industry by an estimated $1.7 billion. Current federal regulations require commercial truck drivers to conduct pre- and post-trip equipment inspections and file driver vehicle...
  • Report: Volume of Mexico Cargo Thefts Drops
    FreightWatch International, a logistics security services company, reported a total of 295 cargo thefts in Mexico in the second quarter of 2013. Although the number is notably lower than the 401 thefts recorded during the same period in 2012, the "lack of consistency" in cargo theft reporting in Mexico "precludes an...
  • Joint US-China Customs Operation Cracks Down on Counterfeiters
    U.S. Customs and Border Protection and China's General Administration of Customs have jointly seized more than 243,000 counterfeit consumer electronics products as part of their month-long intellectual property rights enforcement operation. The operation was the first of its kind between the two customs agencies, resulting from a commitment between CBP and...
  • Lawsuit Challenges Bayonne Bridge Project
    A coalition representing environmental and community groups and the Teamsters union has filed a lawsuit seeking to invalidate a permit to raise the Bayonne Bridge in the Port of New York and New Jersey until a more thorough environmental study is done. The Coast Guard issued a permit in May to...
  • US Intermodal Traffic Continues to Climb
    U.S. intermodal volume for the week ending July 27 grew year-over-year for the fourth consecutive week, totaling 256,379 trailers and containers, according to the Association of American Railroads. The last streak of growth in this lane lasted 12 weeks, prior to a decline in the week of June 29. Combined North American carload volume...
  • Report: North Europe Imports, Exports to Fall in 2013
    North Europe's import volume is projected to fall by 8.9 percent to 12.2 million 20-foot-equivalent units in 2013, despite a 3.9 percent increase in Europe's overall import volume, according to the North Europe Global Port Tracker, released by Hackett Associates and the Institute of Shipping Economics and Logistics. Furthermore, the report...
  • NY-NJ Delays Hit Drayage Company Still Reeling From Sandy
    ARL Network's Container Transport Services operates from a cramped trailer in a gritty industrial section of South Kearny, N.J., in the shadow of the Pulaski Skyway. The surrounding scenery is recognizable to Sopranos viewers. The trailer has a battered look, but the computers, phones and bottom four feet of paneling are...
  • Brokers vs. Carriers
    Q: I just came across a report of a court decision in a case entitled Infinity Air v. Echo Global Logistics decided by the U.S. District Court for Oregon on June 20, 2013, in which the judge ruled Echo was a broker and not a motor carrier and was therefore...
  • Tuscola Industrial Rail Park Receives CSX Select Site Designation
    JACKSONVILLE, Fla., /PRNewswire/ -- CSX Corporation announced today that the Tuscola Industrial Rail Park inTuscola, IL, has been designated a CSX Select Site. Select Sites are locations for manufacturing projects along the CSX network that can progress rapidly because standard land use issues have been addressed, and the site is ready...
  • Carrier Transicold Keeps Martin Brower UK Cool During Deliveries
    Carrier Transicold UK has secured an order for 30 VectorTM 1950 MT (multi-temperature) units and eight SupraTM 950 MT units from Martin Brower UK. The new equipment will be used to deliver a mixture of ambient, chilled and frozen produce to restaurants nationwide. Carrier Transicold helps improve global transport and...
  • WCI: Trans-Pacific Eastbound Rates Strengthen
    World Container Index Rates to Shanghai Full-size image Trans-Pacific eastbound rates from Rotterdam to Shanghai rose fin the week of Aug. 1 for the second straight week, according to the latest release of the World Container Index. Westbound rates from Los Angeles to Shanghai saw little movement in July. The Europe-to-Asia eastbound rate...

TradeWindsweb site
AUGUST 1, 2013
  • Saint John's promise
    Canadian energy players Irving Oil and TransCanada have mooted a $300m oil export terminal for the country's east coast.
  • ISC scoops up $30m
    International Shipholding Corp (ISC) has pocketed $30.2m in net proceeds after underwriters added to the pot of a preferred shares sale.
  • Analysis: Ardmore did enough
    Ardmore Shipping's New York IPO was a success. Ardmore Shipping's New York IPO was a disappointment.
  • Sanko has a plan
    Sanko has filed its long delayed action plan to return from bankruptcy with the Tokyo District Court.
  • Golar wins Jordan job
    John Fredriksen's Golar LNG has tied up a deal to supply a floating storage and regasification unit (FSRU) to Jordan.
  • Waste ship grounds
    An initial bid to refloat a Danish waste carrier aground off Norway has failed.
  • Diana nets Rio deal
    Diana Shipping has tied up a long term contract for a panamax bulker it bought in the spring.
  • Blank Rome expands
    Blank Rome, which boasts the largest maritime law practice in the United States, has added to its muscle after sweeping in to empty out a smaller Houston firm.
  • Home loan hit for Restis
    Beleaguered Greek tycoon Victor Restis was once again hauled before the public prosecutor and investigating magistrate today to answer charges in connection with a loan taken from First Business Bank (FBB).
  • UK to finally sign MLC
    The UK is finally poised to sign the landmark Maritime Labour Convention (MLC) as soon as next week at the end of a drawn out process that had threatened to undermine the country's reputation as a well-regulated and high quality flag.
  • Cosco earnings chopped
    Cosco Corp (Singapore) has pledged to plough on with its venture into the offshore sector after posting a less than stellar set of second quarter numbers.
  • Rongsheng running hot
    A much needed cash injection sent shares in China Rongsheng racing upwards today.
  • Uljanik in reverse
    Croatian shipyard Uljanik has slumped to a loss in the first half as revenue shrank.
  • UANI targets Messina
    US pressure group United Against Nuclear Iran (UANI) has targeted another European shipowner over its Iranian operations.
  • Cosco nets offshore orders
    Cosco Corporation (Singapore) has bagged a pile of fresh offshore orders worth approaching $300m.
  • Big John richer than Batman
    Shipowners are often cast in the role of comic book villain.
  • Seavoss fleet for sale
    Struggling German owner Seavoss Schiffahrt has put its fleet of four general cargoships on the market to clear debts.
  • Hornbeck doubles up
    Hornbeck Offshore Services doubled its second quarter profit off the back of a reinvigorated offshore support vessel (OSV) market in the Gulf of Mexico.
  • PB profitable
    Pacific Basin Shipping has turned in a tiny profit in the face of the worst dry cargo market in almost three decades.
  • Huangpu wins bulk duo
    CSSC group yard Guangzhou Huangpu Shipbuilding has added to its orderbook with a deal for two new big handymaxes.
  • Pac Basin ramps it up
    Pacific Basin Shipping has continued a huge expansion drive which will see its owned fleet all but double this year.
  • US tightens Iran net
    The US has passed a new bill aimed at cutting Iranian crude exports to near zero, but success depends on Asian cooperation.
  • Scorpio scores again
    Scorpio Tankers has collected $190m from a share issue to fund its next round of fleet expansion.
  • Sea Diamond master guilty
    The master of the Louis cruiseship Sea Diamond has received a suspended jail sentence of 12 years and two months for his role in its fatal sinking off Greece in 2007.
  • Namura profit soars
    Namura Shipbuilding of Japan has pushed up first quarter earnings as revenue strengthened.
  • Njord makes it eight
    Njord Offshore has exercised options for two more windfarm service vessel newbuildings at Australia's Strategic Marine.
  • Ardmore shoots low
    Ardmore Shipping looks to have been forced to cut the price of its initial public offering (IPO) in the US in a bid to get it away.
  • Seadrill back at Dalian
    Seadrill has returned to China's Dalian Shipbuilding Industry Offshore for another pair of high-spec jack-up drilling rigs.
  • FSL back in action
    First Ship Lease Trust (FSL Trust) resumed trading on the Singapore Exchange Thursday after a month long suspension.
  • CSAV back in black
    Compania Sudamericana de Vapores (CSAV) has returned to profit in the second quarter on the back of a major costing cutting effort.

American Shipperweb site
AUGUST 1, 2013
  • China rolls out country-wide transport and logistics VAT
  • CSAV records 2Q net profit
    The Chilean liner carrier on Thursday reported a net profit of $34.3 million in the second quarter of 2013, the second profitable quarter for the line since it was taken over by the Luksic Group in 2011.
  • Steel drives breakbulk growth in Charleston
    New steel business helped the Port of Charleston experience an 85 percent increase in breakbulk volume during the fiscal year fourth quarter ended June 30 from the first nine months, according to the South Carolina Ports Authority.
  • May brings rise in NAFTA trading
  • Suit seeks environmental study of Bayonne Bridge heightening
    Several environmental groups have filed a lawsuit in federal court against the Coast Guard and Port Authority of New York and New Jersey, challenging a permit amendment authorizing the raising of the Bayonne Bridge.
  • American Airlines creditors approve reorganization
    AMR has been soliciting approval for its regorganization plan since early June, when the court authorized the new direction. A confirmation hearing is scheduled with the U.S. Bankruptcy Court in New York on Aug. 15.
  • VPA board rotates chairmanship
  • Saudia Cargo opens Nairobi hub
  • U.S. schedules continued trade talks with Japan
  • Executive moves

The Bunker Bulletinweb site
AUGUST 1, 2013
  • Cruise lines eyeing post-2015 itinerary changes
    Carnival's move out of two US ports seen as a sign of things to come as cost of operating in ECAs rises.
  • Fujairah prices lacklustre
    Incremental gains seen at Suez but 180 cSt at Durban flat for second day.
  • Prices steady across Europe
    380 cSt material adds $4 in Rotterdam pushing it past $600 a metric tonne.
  • LA: Bunker market stays volatile
    Average monthly bunker prices have shown bigger moves than elsewhere in the past six months.
  • New player could 'reverse decline' in LA bunker sales
    Volatility, not sales in Russia's Far East, behind lower volumes, says storage operator.
  • Singapore fuel stocks see slight draw down
    Inventories fall for fifth time in six weeks.
  • Bunker prices end day mixed in Asia
    Hong Kong traders reported mixed demand on cyclone threat to deliveries.
  • New trader at Monjasa
    Wong joins Monjasa's Singapore office from APL.
  • Island Oil hires new bunker trader
    Virginie Lafage is based at firm's new liaison office in Nice.
  • VAT cut boosts bunker sales at Indian port
    HPCL says Kochi has 'tremendous potential' as a bunker hub.
  • COSCON makes BAF revision
    Changes will affect shipments from the Far East and Indian sub-continent to Europe and the Mediterranean.
  • Fuel oil imports to China fell in July
    Volumes down by 17%.
  • WFS performance beats analyst estimates
    The firm is 'pleased with our overall performance especially in our marine segment', says CEO.
  • Bunker trader and broker returns to KPI Bridge Oil
    Felber returns to firm's New York office 'with an extended knowledge', says spokesman.
  • Typhoon threatens bunker deliveries at Hong Kong
    Deliveries at South Lamma Anchorage to be 'extremely vulnerable', says Fratelli Cosulich.
  • New Managing Director at Hong Kong bunkering firm
    Edward Cheng to take position at Endeavour Bunker from September 1 onwards.

›››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.
An Iranian merchant ship was hit in the Strait of Hormuz
Tehran/Southampton
One sailor died and four other crew members were injured.
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.
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