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13 September 2026 - Year XXX
Independent journal on economy and transport policy
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BRIEFS
May 3, 2013
Sched Netweb site
  • Talks go on, but non-striking dockers walk out after vowed rise no-shows
  • Seaspan Corporation first quarter profit up 8.3pc as revenue rises 7.4pc
  • AADA lowers bunker surcharge as fuel prices fall in HK and Korea
  • MOL launches MZX Mozambique Express service from Singapore on June 7
  • MOL joins PIL to unveil new Indian Ocean Island service June 7
  • Pearl River Delta air pollution has decreased, says Hong Kong Government
  • 'K' Line and NYK back in black, but MOL continues to make losses
  • Antwerp boxes off 2.8pc in first quarter, but overall cargo up 1.4pc
  • Busan New Port turns up capacity to handle 18,000-TEU vessels
  • IMF's Asia chief downplays China's lower-than-expected GDP growth
  • WWPC member firm, Express Global Logistics in India's Top 100 SMEs
  • Economist editor keynotes ministerial International Transport Forum
  • National Air Cargo denies faulty loading claims in 747 Afghan crash
  • Hainan cargo with flights from Beijing to Seattle-Toronto, now adds Chicago
  • Chengdu, Chongqing, Zhengzhou now tops Shanghai in air cargo: Cathay
  • Braathens approved to try electronic system leading to paperless cockpit

Exim Indiaweb site
MAY 2, 2013
  • Bureau Veritas slashes MLC compliance time
  • European Parliament rejects shipbreaking tax
  • HANSA HEAVY LIFT's Tomas Dyrbye to interact with customers during India visit
  • Indo-Bangla shipping trials expected to take off this month
  • Lack of due process breeds fear of criminalisation among seafarers: IMO Legal Committee
  • MOL earns high rating as 1st company to receive SMBC sustainability assessment loan
  • Surge in piracy off West African coast
  • Govt forms committee to help exporters
  • 'We have great expectations from the Indian market'
  • AP HC holds back VPT's upgradation plan
  • Govt increases dredging allocation for Major Ports
  • Truck rentals on trunk routes up 3-4 pc in April

International Transport Journalweb site
  • K Line announces change of directors and auditors
  • MOL reshuffling management in June
  • CEO of MAN Truck & Bus Switzerland changes
  • Next US secretary for transportation in sight
  • Maersk Line and Inttra team up
  • More maritime transport in EU countries in Q2/2012
  • Kuehne + Nagel extend logistics facility in Geel (Belgium)
  • Norway Post sees hefty earnings decrease in Q1/2013
  • TNT Express: drop in revenues and operating income in...
  • MOL and PIL launch new service in Indian Ocean
  • UIC initiates project to strengthen railways' position
  • March cargo traffic soared at DXB
  • More penalties in long-running air cargo cartel case
  • Turkish Cargo to serve Turkmenistan capital
  • Burg Silvergreen changes name to CIMC Silvergreen
  • More shipments for System Alliance Europe
  • NS reports lower income from railway operation

World Wide Shipperweb site
MAY 2, 2013
  • Goods/Services exports drop during month of March
  • Mitsui joining PIL in new Indian Ocean run
  • Port of Brunswick delivers first shipment of Toyotas
  • Drewry report predicts further orders for ULCVs
  • Alaska Airlines announces new Portland to Atlanta flights

Lloyd's Listweb site
MAY 2, 2013
  • Product tanker profit-sharing nudges Navios Acquisition into profit
    Tanker firm will grow responsibly, says Frangou
  • Tanker owners cautioned over offshore expansion
    Gap between traditional ship operating and offshore activities can ensnare unsuspecting owners
  • Asia taps demand for offshore wind vessel newbuildings
    Strategic Marine sees its business pick up
  • Shell revives Browse LNG gas venture
    Shell revives Australia gas venture - but at what cost to Woodside?
  • Greece shipowners learn to live with new laws and levies
    Threatened exodus a no-show as tonnage tax extends to foreign-flag ships
  • Greece waits for registry boost as flagging-out tax advantage ends
    Red-tape reputation makes owners reluctant to fly the sky blue-white
  • Picking a happy medium
    Midsize boxships are the perfect choice for emerging-market ports
  • Star Bulk targets $75m for eco-bulkers
    Greece-based owner unveils rights offering backstopped by Oaktree and others
  • Product tanker owners wait patiently for an upturn
    Although earnings are static, forecasts point to improvement
  • Box rate slide continues
    Latest World Container Index shows further erosion on Asia-Europe route
  • Sustained recovery in large capesize fleet is still 'a long way off'
    Overcapacity will persist even if surplus tonnage falls 25% by 2015 as DVB predicts
  • Bourbon's revenues rise as new ships enter fleet
    Demand for offshore vessels climbs
  • NewLead fixes five-year business for panamax
    Profit-sharing element adds to escalating rate for Newlead Victoria
  • Southeast Asian piracy drops but resurgence is still possible
    Pirates are 'small scale opportunists' compared to West African counterparts, says Gray Page
  • Hanjin narrows its losses
    South Korea boxline increases its volumes but at 'unsatisfactory' rates
  • Carriers slam Suez toll hike
    Shipowners threaten to reroute after 2% increase
  • BG Group sees LNG profits rise
    Company's major growth projects are on target
  • Hutchison and CMA CGM square up over Melbourne box terminal
    Winner to be named next year after four bids make the shortlist
  • Defining a terrorist
    Disputed ties between West Africa militant groups and pirates are troubling for insurers
  • Cuts reduce Horizon Lines' losses
    Profit eludes Jones Act carrier as it tackles fuel use, charter costs and salaries
  • Deadly shortcomings
    Scathing casualty report highlights Hong Kong's need for independent marine reform
  • What next for German ship finance?
    As the KG crisis continues, Rickmers seeks upside potential
  • Shipping can rise from deepest downturn to glory days, says Rickmers
    EXCLUSIVE INTERVIEW: Upturn likely from 2015, but access to capital will be key says German owner
  • DSV in the market for acquisitions
    Danish forwarder seeks ways to grow after poor first-quarter performance

Fairplayweb site
MAY 2, 2013
  • China's ship plate output drops 35.5%
    CHINA'S steel manufactures produced 639,000 tonnes of ship plates in February, down by 35.51% year on year, CSSC said
  • Excel granted reprieve
    NYSE-listed shares of Excel Maritime are rising today on news that its 30 April debt-negotiation deadline has been extended until 31 May
  • Iran fuel oil export bonanza reported
    IRAN was reported today to have exported nearly 8.7M barrels of fuel oil in April, more than five and half times the April total a year ago
  • Orion reduces losses
    ORION MARINE GROUP reported today $1.1M losses in 1Q13 due in part to underutilised dredging assets
  • Waratah terminal scheme effectively frozen
    PORT Waratah Coal Services today said it has accepted voluntary reductions in contract tonnage from most Hunter Valley coal producers in Australia, according to IHS McCloskey
  • Private equity investing in Star Bulk
    PRIVATE equity firms Oaktree and Monarch Capital will take significant stakes in NASDAQ-listed Star Bulk through a backstopped rights offering and private placement
  • EC orders SNCM's Corsica aid repaid
    THE EC has ordered Paris to recover aid granted since 2007 to Mediterranean ferry operator SNCM for services to Corsica during peak holiday periods
  • Reeling Daiichi Chuo cancels charters
    JAPAN'S bulker operator Daiichi Chuo Kisen Kaisha has cancelled seven chartered-in vessels as it declared bigger losses
  • Hanjin cuts losses to $31M
    HANJIN Shipping posted 34.7Bn won ($31.4M) in net 1Q losses, vastly narrowing 338.4Bn won in net losses in 1Q12
  • BV newbuildings slump
    FRENCH classification society Bureau Veritas said today its 1Q maritime orderbook fell 27% year on year, standing at 15
  • Minsheng's IPO application terminated
    Minsheng Shipping's IPO application has been terminated, the China Securities Regulatory Commission said
  • HPH Trust keeps 'buy'
    WITH RESULTS from a fifth round of talks in Hong Kong between port contractors and dockers yielding no progress today, UOB Kay Hian maintained its 'buy' rating for HPH Trust shares
  • Stable year predicted for Yangzijiang
    YANGZIJIANG Shipbuilding's profit margins will remain decent as long as the yard works on orders secured before the financial crisis in 2008, analysts predicted today
  • SAS awards shortlist revealed
    THE SHORTLIST for this year's IHS Safety at Sea Awards has been announced
  • Box liners seen losing rates battle
    BOX LINERS are fighting a losing battle to revive Far East/Europe freight rates as new capacity cascades into the market, a sector analyst has warned

The Journal of Commerceweb site
MAY 2, 2013
  • Virginia, Ningbo Ports Sign Cooperation Agreement
    The VPA's Russell J. Held (left) and Port of Ningbo's Chang Boaping signed the memorandum of understanding this week. Virginia Gov. Bob McDonnell (standing row, fourth from left) helped facilitate the agreement. The Virginia Port Authority and China's Ningbo Municipal Port Administration signed a memorandum of understanding this week to promote the all-water...
  • Obama Nominates Froman for Trade Post
    President Barack Obama today said he will nominate Michael Froman to serve as U.S. Trade Representative. The pick was welcomed by business groups, Politico reports. Peter M. Robinson, president and CEO of the United States Council for International Business, praised the selection of Froman. "This is an excellent choice," he said. "Michael...
  • US Trade Deficit Narrowed in March
    In March, the U.S. goods deficit shrank to $56.1 billion, down $4.6 billion from February, as imports declined more than exports. The total deficit, including trade in services, decreased $12.9 billion year-over-year to $38.8 billion. Capital goods and industrial supplies and materials led the year-over-year decline in exports, partially offset by...
  • Toyota Ships First Venzas From Brunswick to Russia
    The first Toyota Venzas departed the Port of Brunswick, Ga., today, bound for Russia and Ukraine. "The export of American-built Venzas to Russia and Ukraine further solidifies Toyota's commitment to establishing its U.S. manufacturing operations as a key supplier of vehicles for global markets," said Corinne Akahoshi, national manager of marine...
  • Hanjin Shipping Narrows Loss
    Hanjin Shipping cut its loss in the first quarter of 2013 to 34.7 billion won (approximately US$300 million), an 89.7 percent improvement year-over-year. Container volume grew 9.3 percent, to 1,109,285 20-foot-equivalent units. This resulted in a 14.1 percent year-over-year increase in revenue for the segment to $1.9 billion. Looking ahead, the shipping...
  • Mexican Intermodal Volume Down Nearly 12 Percent
    Mexican rail volumes through April 27, 2013 Full-size image Mexican intermodal volume fell 11.7 percent year-over-year in the week ending April 27, according to the Association of American Railroads. Combined North American carload volume, including all three North American Free Trade Agreement partners, dropped 1.7 percent from the same week in 2012 to 372,815 carloads...
  • Profit Plunges at Yusen Logistics
    Major Japanese international freight forwarder Yusen Logistics said its group net profit plunged 55.7 percent in fiscal 2012, which ended on March 31, from a year earlier to 1.119 billion yen ($11.42 million) despite sound revenue growth. The company saw its group operating revenue rise 9.7 percent in fiscal 2012 from...
  • IAG Cargo to Expand Capacity With Airbus Order
    IAG Cargo will be expanding its per-plane capacity when it adds at least 18 Airbus A350-1000s to its fleet beginning in 2018, subject to shareholder approval. These planes have three more pallets of cargo space apiece, providing for a maximum payload of about 30 metric tons, IAG said. In addition, the...
  • WCI: Rates to Asia from Northern Europe, West Coast Fall
    World Container Index Rates to Shanghai Full-size image Backhaul rates dropped from both northern Europe and the U.S. West Coast to Asia in the week of May 2, according to the latest release of the World Container Index. The Europe-to-Asia eastbound rate from Rotterdam to Shanghai inched down 0.4 percent or $4 to...
  • WCI: Trans-Atlantic Eastbound Rates Slide
    World Container Index Between New York and Rotterdam Full-size image Trans-Atlantic eastbound rates fell for the first time in six weeks, according to the latest release of the World Container Index. Rates were flat last week after rising 11.2 percent or $175 over the previous four weeks. This week's rate from New York...
  • MOL and PIL Partner on Indian Ocean Service
    MOL and Pacific International Lines have announced a new joint Indian Ocean Islands Express Service. The IOX/IOI weekly service, which is scheduled to begin on June 7, will employ four 1,100-TEU ships, with each carrier contributing two vessels. The port rotation will be: Singapore; Port Louis, Mauritius; Tamatave, Madagascar; Reunion; Singapore...
  • OOCL Adds Khalifa Call to China-Mideast Service
    Abu Dhabi Terminals has signed a contract with Hong Kong-based container carrier OOCL to include a call at the Port of Khalifa on its China-Middle East Express (CMX) Service, a weekly intra-Asia loop. The first OOCL vessel calling Khalifa Port Container Terminal is currently scheduled to arrive on June 11. The CMX...
  • Big Ship Orders Depressing Rates, Drewry Says
    New orders for ultra-large container ships are undermining carrier efforts to limit the surplus of capacity that is depressing freight rates this year. "While these latest new orders won't actually hit the water for years, their psychological impact is to keep the focus on capacity and the big question of how...
  • How Khalifa Port Could Evolve Into Mideast Hub
    Abu Dhabi's new Khalifa super port could eventually rival DP World's neighboring Jebel Ali for Middle East container shipping hub status. In December, the first phase of the United Arab Emirates' new port was opened offering state-of-the-art container-handling facilities, 2.5 million TEUs of capacity and the ability to serve the world's...
  • Descartes Acquires KSD Software
    Descartes Systems Group has acquired KSD Software Norway AS, an Oslo-based provider of electronic customs filing solutions for the European Union. The all-cash purchase price for the acquisition was 190 million kroner (approximately US$$33 million), with Descartes using approximately US$13 million of cash on hand and US$20 million from an acquisition...
  • DSV Reports Flat Revenue, Lower Profit
    DSV's profit fell and its revenue stalled in the first quarter on declining cargo volumes and increased competition, but the Danish logistics and freight forwarding group said it is still looking for acquisitions to spur growth. Operating profit dipped 8 percent to 509 million Danish kroner ($89.3 million) from 555 million...
  • Suez vs. Panama: A Canal Comparison
    Container shipping lines are shifting more of their all-water services from Asia to the U.S. East Coast to the Suez Canal route, instead of sailing through the Panama Canal, to take advantage of lower slot costs they can realize on the big post-Panamax ships they are cascading onto the route...
  • Q&A: Crossing Borders Into a Whole New World
    Q: I've been in transportation for quite a few years, and I thought I was pretty familiar with the industry. But we're just now opening up an international market, and I feel like I'm starting all over. We're shipping to an Asian subsidiary (a recent acquisition) in fairly large quantities, as...
  • Lufthansa Cargo Boosts Q1 Profit
    Lufthansa Cargo boosted operating profit by 35 percent in the traditionally weak first quarter and said it expects full year earnings to better its 2012 result as it continues to cull capacity in line with weak global demand. Profit rose to 27 million euros ($35.4 million) from 20 million euros ($26.2...
  • CargoSphere Launches New Rate-Tracking Service
    CargoSphere, the cloud-based rate management system, launched a new freight-rate quoting service that logistics providers can use to keep rate quotes up to date. CargoSphere said Floodgate Quote Refresh automates the tracking and management of freight rate changes on most global trade lanes, with quotes that reflect rate hikes, surcharges and...

TradeWindsweb site
MAY 2, 2013
  • Stage set for expansion
    US Shipping Corp is looking to expand following the successful completion of a financial restructuring.
  • TEN tucks away $50m
    Tsakos Energy Navigation (TEN) priced a public share offering that will bring $50m in gross proceeds.
  • GNK confirms paper trade
    Genco Shipping & Trading has confirmed reports that at least two of its lenders have offloaded nearly $300m worth of bank debt.
  • Genco faces heavy fire
    Genco Shipping & Trading found itself in the hot seat Thursday after reclassifying $1.4bn worth of long-term financing agreements as short-term debt.
  • NNA on the up
    Greek product tanker owner Navios Maritime Acquisition posted a modest first-quarter profit Thursday that topped Wall Street forecasts.
  • Bremer provisions jump
    Bremer Landesbank increased loss provisions on shipping loans to EUR 228m ($298m) in 2012, its highest-ever figure.
  • NewLead inks period pact
    NewLead Holdings has tied up one of its two remaining bulk carriers on a five-year period deal.
  • 3 Maj sliced up
    The Croatian government has assumed control of four non-core units of tanker builder 3 Maj to speed the yard's sell-off.
  • Star Bulk targets $75m
    Star Bulk Carriers is preparing to arm itself with at least $75m to fund a raid for fuel-efficient bulkers.
  • Baltic to break away?
    Peter Georgiopoulos is laying the groundwork for the separation of his two listed dry bulk companies, according to one of Wall Street's most respected analysts.
  • Language lesson
    Ship crews must agree on a common language to avoid lapsing into native tongues during a crisis, an accident report said.
  • Hoegh LNG targets China
    Hoegh LNG is targeting more success in the burgeoning Chinese market after finalising a deal to operate the country's first floating storage and regasifcation unit (FSRU).
  • Horizon hopes for more
    Horizon Lines has trimmed its first quarter loss despite restructuring issues continuing to weigh on its bottom line.
  • Indian Ocean overhaul
    Container lines MOL and PIL are teaming up for two new runs from Singapore into the Indian Ocean.
  • Debt costs hurt Hornbeck
    Hornbeck's earnings took a $24m hit after the company refinanced a batch of bonds during the first quarter.
  • EU wants cash back
    The European Commision has found subsidies granted to French ferry company SNCM breached aid rules.
  • Jianlong challenge fails
    John Fredriksen linked companies have won a London high court ruling that paves the way for a high value dispute over charter defaults on five bulk carriers to be resolved in London rather than in China.
  • Cambie quits OOIL
    Ken Cambie has quit as chief financial officer at Hong Kong-listed Orient Overseas International.
  • Fire hits con-ro
    Firefighters are tackling a blaze on an ACL con-ro in Hamburg.
  • Mega merger complete
    Commodities trader Glencore International has put the finishing touches to its mega-merger with Xstrata.
  • Mipo takes dry dip
    Hyundai Mipo Dockyard has secured a rare bulk carrier order after a European owner turned to the yard for a trio of vessels which will employ a new fuel efficient design.
  • Hanjin slashes loss
    Korea's Hanjin Shipping has cut back its losses in the first quarter as container rates improved.
  • Machete maniac injures 18
    A man has been arrested after hacking at passengers with a machete on an Indonesian ferry.
  • Genco's cash hole
    Genco Shipping & Trading will need to raise around $100m in equity if it can't extend its loan holidays, a leading analyst says.
  • Hanjin follows HMM
    South Korea's Hanjin Shipping is looking at following compatriot Hyundai Merchant Marine into the bond market.
  • Kexim comes through
    The Export-Import Bank of Korea (Kexim) has given struggling shipowners and shipyards a boost with a big new funding programme.
  • Pemex buying Barreras
    Mexico's Pemex has signed a deal to take a 51% stake in restructured Spanish shipyard Hijos de J Barreras.
  • Atlantska cuts loss
    Croatia's Atlantska Plovidba has cut its first quarter loss as revenue grew.
  • Bourbon numbers higher
    French offshore player Bourbon has reported a double-digit increase in revenues for a second consecutive quarter.
  • ADM ups GrainCorp offer
    Archer Daniels Midland (ADM) is to make an improved cash offer for the shares in grain handler GrainCorp.
  • Baltic's losses grow
    Baltic Trading has seen first quarter losses deteriorate by almost 15% to a shade over $5m, the company reported late Wednesday.

American Shipperweb site
MAY 2, 2013
  • Obama nominates Commerce, USTR chiefs
    President Obama on Thursday nominated long-time campaign contributor and Chicago businesswoman Penny Pritzker to be secretary of commerce and Michael Froman to lead the Office of the U.S. Trade Representative.
  • Descartes acquires Norwegian customs solutions company
  • Hanjin records $31.5 million loss in 1Q
    The South Korean liner carrier predicted "even though some difficulties are inevitable due to supply growth, numbers in the second quarter will improve through continued rate restoration efforts and active cost reduction, etc."
  • IAG Cargo beefs up fleet
    IAG Cargo is planning to order 18 Airbus A350-1000 planes, which will enter service starting in 2018 given shareholder approval. The European air carrier, which is modernizing its fleet, also holds options for an additional 18 planes.
  • Drewry cites 'psychological impact' of big ship orders
  • Domestic intermodal rises by 10% in 1Q
  • TIA drops $8,000 bond deposit requirement
  • Greencarrier buys Trana Spedition
  • Virgin Atlantic reopens Chicago leg
  • Shippers bemoan proposed California ports tariff increase
    CAPA recommended the 11 ports in the state raise tariffs by 1.7 percent by July 1 as part of its annual rate increase guidelines. Recent or pending hearings on the increase are occurring in Oakland, Los Angeles and Long Beach.
  • Wilhelmshaven says rail rates will match other ports
  • U.S. trade deficit fell in March
  • Horizon lost $20 million in 1Q
  • SBA to showcase export services in L.A. Friday
  • Allegretti to chair American Maritime Partnership
  • Executive moves
  • FMC reviews 18 OTI license applications

The Bunker Bulletinweb site
MAY 2, 2013
  • Demand building in Fujairah
    Cape Town still dry.
  • Control of H2S may have led to other fuel quality problems
    High levels of sodium and potassium could be linked to use of H2S scavenges.
  • European prices follow softer trend
    MGO in Hamburg lost just under $20 per metric tonne.
  • Egypt raises canal tolls
    Spokesman for the Suez Canal Authority denies hike will cut traffic.
  • 'Eco' orders proving attractive
    Two companies ordering newbuildings go for fuel-efficient option.
  • Surge in Iranian fuel oil exports
    Prices undercut Singapore benchmarks.
  • Sydney to get fuel-efficient ferry
    Catamaran passenger ferry built to Incat Crowther design.
  • Singapore fuel oil stocks at seven week high
    Influx of cargoes from the West.
  • Caribbean refinery faces calls for closure
    Plant closure would be third to go in region.
  • Asian bunker prices soft
    Offices at Tokyo Bay will be closed on Friday for a public holiday.
  • Fishing vessel owner faces bunker spill penalty
    Chief engineer 'failed to follow written instructions and spill plan', says Washington Department of Ecology.
  • Freight rates continue to tumble
    Analyst warns of 'structural overcapacity.'
  • International Bunkering promotes trader
    Jesper Porsmose has demonstrated 'his dedication to hard work', says CEO.
  • TOP Ships decrease losses for 2012
    It has managed to reduce losses on the back of a $4.5 million reduction in bunker expenses.
  • Philippine tugboat firm upgrades fleet
    Bunker fuel accounting for 40% of Salvtug's operational cost, says Chairman and CEO.
  • Alaska: ECA could 'drive vessels away'
    Officials voice concerns as first cruise ship season under new regulations begins.
  • Dual-fuel gas engines a 'milestone', says MAN Diesel
    ME-GI engines allow shipowners to deal with stricter emission regulations and rising fuel costs.

›››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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