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Independent journal on economy and transport policy
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BRIEFS
April 10, 2013
Sched Netweb site
  • Port Tracker: US Customs cuts minimal, April imports said to rise 2.7pc
  • Singapore will enforce UN Maritime Labour Convention rules in August
  • Jebel Ali Port decade-long dredging from 14 to 16 metres completed
  • Long Beach Harbour Commission backs BNSF on-dock rail yard project
  • Singapore's DBS Bank economist sees China's GDP growing 9pc in 2013
  • China, Russia and South Korea now resume "Xinlanhai" ferry service
  • Pipavav starts receiving vessels operating the Far East-India Express
  • BIFA calls on EU to reinstate Burma's duty- and quota-free status
  • Expert sees economic slowdown ahead, but China to surpass US by 2020
  • Mariners' warning: Singapore begins soil probe in Marina East area
  • CMA CGM's Med-north Europe FEMEX adds weekly Southampton call
  • Russian PM commits US$8 billion to rail, but rail chief says it won't pay
  • Brazilian March exports up 1.6pc, but trade surplus lowest since 2001
  • Strike action by Lufthansa ruled out until mid-April, union says
  • New IT offers connectivity between freight forwarders and airlines
  • Vietnam Airlines adds weekly flights from Moscow to Nha Trang resort
  • Golden Myanmar Air flies daily between Mandalay and Singapore's Changi

Exim Indiaweb site
APRIL 9, 2013
  • Consolidation seen reducing global container shipping lines
  • Haldia-Farakka coal movement by barges postponed again
  • Maersk Group involved in research on finding alternative marine fuel
  • NYK launches tsunami alert system for vessels
  • Pak shipbreakers threaten closure
  • Rickmers-Linie to add another heavy-lift multipurpose vessel to fleet
  • Significant progress made, but a lot more needs to be done: Vasan
  • SPNM's summer networking event on April 12
  • Indo-Brazilian trade grew 10-fold in last decade
  • KPCT dedicated to the nation
  • Visakhapatnam Port breaks long-standing iron ore CLO loading record
  • INR rises further on increased dollar selling

International Transport Journalweb site
  • Freja on the move in Sweden
  • BA's first A380 painted
  • DHL Express introduces enhanced Asian connections
  • WFS wins several contracts in North America
  • U-Freight handles ultra-long load in China
  • Menlo establishes new logistics hub for Fox Head in Europe
  • Maersk does not believe in near-sourcing
  • Dachser Schweiz: Samuel Haller becomes air and sea...
  • Unifeeder sold to Nordic Capital funds
  • Kuehne + Nagel Munich partnering 24plus
  • Lloyds Register presents global maritime trends for 2030
  • Rickmers-Linie adding another heavylift multi-purpose vessel
  • Kuehne + Nagel expands in Sultanate of Oman
  • More border crossings in North America
  • First rail production facility in Kazakhstan
  • 96.8% success rate for Fret SNCF

Marine Logweb site
APRIL 9, 2013
  • Bourbon in 51 vessel $1.5 billion sale and charter back...
  • ABS and MPA fund Singapore professorship program
  • Total cost of piracy: $5.7 billion to $6.1 billion
  • Subsea 7 wins $350 million Petrobras contract
  • Odfjell and NCC to dissolve NOCT chemical tanker pool
  • USCG issues safety alert on surge protectors

World Wide Shipperweb site
APRIL 9, 2013
  • Port of Seattle adding UASC to service lineup
  • Greenbrier Companies delivers second fiscal quarter numbers
  • Diana Shipping subsidiary buying Capesize bulk vessel
  • Everett port board calls for shipyard cleanup project bids
  • Portland Port Commission sets budget public hearing

Lloyd's Listweb site
APRIL 9, 2013
  • Somalia rises from the ashes
    But what lies ahead for the country's offshore activities this year?
  • Shipping family scions voice misgivings about recovery
    Low interest rates and nation states' entry into shipping contribute to excess tonnage
  • Zodiac Tankers makes its debut
    Restructuring sees David Ofer head new Zodiac Maritime division
  • Shipping risk, anyone?
    Three deals in Asia have stalled on a low appetite for risk
  • Time to deflate the cost of UK lighthouses
    Light dues must shrink as a proportion of shipping costs
  • Spelling out exclusions or limits of liability can be crucial
    Decision in Kudos case contains helpful guidance for parties in offshore contracts
  • Déjà vu as second rating agency downgrades Ceva Group
    'Solid' 5% increase in annual revenues fails to reassure Moody's and S&P
  • TMT pledges tanker to release arrested vessels
    EXCLUSIVE: Taiwanese company is negotiating with bankers, agent tells cargo interests
  • Diana buys Tamou for $27m
    Japan-built capesize joins growing Palios stable
  • HPH claims return to 80% of daily box volumes
    Day 13 of the strike sees Hong Kong port giant struggle to meet demand
  • Baltic aframaxes reap record daily earnings of $130,000
    Ice restrictions push spot market to peak
  • Top box lines lost $239m last year
    Failure to return to profit bodes ill for prospects, Alphaliner warns
  • Six Dr Peters boxships declared insolvent
    Single-ship KG casualties now top 150
  • STX Group asks KDB to buy stake in Pan Ocean
    Bank's private equity arm hires team to carry out due diligence on dry bulk giant
  • Owners phase out smaller boxships
    Clarksons forecasts fleet decline as orders shrink and demolition gathers pace
  • Box trade imbalances could last several more years
    Macquarie challenges consensus view that better times are in sight
  • Carriers to post mixed first-quarter results
    Price hikes will not boost box lines' profits because the market is so poor, says ICAP
  • Cost of individual Somali pirate attacks trebled last year
    Incidents cost the world economy $6bn annually, says study
  • Fools and their money
    Beware a stampede of owners rushing to place orders inspired by Shell's latest deals
  • Hear him out
    Beijing must heed China Shipping chairman's call for more generous seafarers' tax credits
  • Teekay orders four aframax tankers at STX Shipbuilding
    Orders will be built to a collaborative design by yard and owner
  • Boskalis lands Elbe dredging deal
    Three-year contract will boost connections to Hamburg
  • Data Hub: Shipper Sentiment Survey, Europe
    European shippers highlight the difficulties they had in container availability on the Asia trade routes over the Chinese New Year period, as well as poor ocean carrier communication with customers. Sarah Bennett reports
  • Data Hub: More of the same for 2013
    Globally, MDS Transmodal estimates that total loaded maritime teu volume grew 4% in 2012, with a similar rise predicted in 2013. Containerisational International reports
  • Data Hub: Box update: Tough times beckon
    The output of new boxes slipped in fourth quarter 2012 and prices softened too, with prospects for 2013 uncertain. Containerisation International presents the latest update on the dry freight box business
  • Data Hub: Freight Rate Indicators: On a knife edge
    Freight rate jitters plagued the main east-west trades in fourth quarter 2012, with further uncertainty expected. Containerisation International reports
  • Boxlines turn their attention to south-south trade prospects
    Top carriers see opportunity in intra-Asia, China-Africa and Latin America routes
  • Hyundai Mipo strikes another 10-tanker deal with Shell lessor
    Sinokor will charter at least 30 50,000 dwt product tankers to Shell
  • Three top brokers leave Galbraith's to join rival SSY
    Defectors from crude desk include tanker department chief

Fairplayweb site
APRIL 9, 2013
  • Syndicated loans remain muted
    JUST over $13Bn in 1Q13 syndicated marine finance loans were reported by Dealogic today, in line with the moderate activity seen last year
  • Box volume rise eases rates yo-yo
    YO-YO box rates are being stabilised somewhat by a pick-up in volumes, Sydbank said today
  • US ballast rules seen hobbling Canadians
    CANADA'S ships are being hobbled on the Great Lakes by ruinous US ballast water rules, according to the Canadian Shipowners' Association
  • Delhi approves coverage from two Iranian P&Is
    DELHI has approved operations by two Iranian P&I clubs to help India's shipping groups gain insurance coverage for trade with Iran
  • Teekay points to yard price rise
    PRICES for newbuilding product tankers are rising in response to demand growth, according to an Oslo shipping analyst
  • Subsea 7 wins $350M PETROBRAS deal
    SUBSEA 7 said today it has won a contract from PETROBRAS worth more than $350M
  • Pareto tracks rises in product tanker sector
    PRICES of newbuilding product tankers and secondhand values of ships in their modern 'eco' design are both rising, Pareto Securities has said
  • Keppel wins $225M repeat ENSCO deal
    KEPPEL FELS said today it has secured a repeat order worth $225M from London-headquartered ENSCO
  • Indonesia frees tanker
    A TANKER held in Indonesia for six months following a collision has been released, its owner confirmed today
  • TCC eyes Aframax orders
    HONG KONG'S bulker and tanker owner TCC hopes to order Aframax tankers this year, its CEO Kenneth Koo told Fairplay today
  • Teekay bolsters eco-newbuilding momentum
    TODAY's orders by Teekay Tankers represents the culmination of the long-discussed 'One Spirit' project and yet another acceleration of the eco-newbuilding trend
  • FESCO turns profits into FY12 losses
    FESCO has reported FY12 losses of $17M, a reversal on the previous year's $29M in profits
  • Japanese yards stall for higher ship prices
    THORESEN Shipping Singapore told Fairplay it plans to order four Supramax newbuildings this year, but Japanese yards are refusing to take orders at current prices

The Journal of Commerceweb site
APRIL 9, 2013
  • India Container Volume Flat in Fiscal 2012-13
    Container throughput at India's major ports stayed relatively flat year-over-year in fiscal year 2012-13, which ended March 31, 2013, according to the latest provisional figures released by the Indian Ports Association. Throughput at the 12 state-owned ports, which account for the majority of India's exports and imports of containerized goods, was...
  • ANA, JAL Cargo Volumes Down in February
    Japan's All Nippon Airways Co. (ANA) said that its international cargo volume declined for the first time in 13 months in February on a year-on-year basis, tumbling 6.3 percent to 39,787 tons. ANA's domestic cargo volume also fell for the first in five months in February on a year-on-year basis, dropping...
  • Trade Tech to Host Seminar Series With NACCS to Help Shipping Community Prepare for Japan's New 24-Hour Rule
    ELLEVUE, Wash. - Trade Tech, a global supplier of cloud-based solutions for the logistics industry, is taking the lead in promoting compliance with Japan's Advance Filing Rules by co-hosting a series of seminars on the new requirements with Nippon Automated Cargo and Port Consolidated System (NACCS), the Japanese government entity...
  • Stevedores Reportedly Back to Work in Chile
    Nearly all stevedores from ports in Chile are back at work, following a port strike that halted labor activities and delayed shipments of copper, fruit and wood pulp, ABC News reports. Other media outlets have reported that scattered protests continue at San Antonio. Stevedores at Angamos port suspended stopped working on March 16,...
  • New Singapore Initiatives to Promote Maritime Sector
    The Maritime and Port Authority of Singapore will launch new initiatives to drive maritime research and development, productivity improvements and manpower development to strengthen the nation's maritime sector. The new initiatives were announced by Tharman Shanmugaratnam, Singapore's deputy prime minister and minister for finance, at the opening of the Sea Asia...
  • Lineage Logistics Buys Seattle Cold Storage
    Lineage Logistics has acquired the assets of Seattle Cold Storage and its facilities located in the Port of Tacoma and Algona, Wash. Financial terms of the transaction were not disclosed. SCS is one of the Puget Sound's largest public refrigerated warehousing companies. Its warehouses comprise 420,000 square feet and 11 million...
  • American Airlines' Cargo Volume Dropped in March
    The parent of American Airlines, AMR Corporation, reported March cargo figures for its principal subsidiary, showing a slump to 161,063 million ton miles, down 4.6 percent from the 168,775 million ton miles reported in March 2012. For the three months to March 31, ton miles dropped to 410,130 million, a 7.8...
  • US Container Imports Rise 1.4 Percent
    U.S. containerized imports through January 2013 Full-size image U.S. containerized imports are modestly recovering according to advance figures from PIERS, a JOC sister company. Total U.S. containerized imports rose 1.4 percent in January 2013 compared to January 2012, to a total of 1.5 million 20-foot-equivalent units. Imports jumped 12.2 percent in January...
  • Kuehne + Nagel Acquires Majority Share of Universal Freight Services
    Kuehne + Nagel has acquired more than 70 percent of the shares of Universal Freight Services from the Khimji Ramdas Group in Oman. The transaction enables the logistics company to enter the Omani market as the majority shareholder of a joint venture. Since 1999, Kuehne + Nagel has been represented in Oman...
  • Key Lane Increases Bolster US Intermodal Rates
    U.S. intermodal rates rose 1.2 percent or $24 during the week of April 8, according to data on all-inclusive 53-foot door-to-door spot pricing quoted by railroads and provided by the 3PL IDS. This increase follows five weeks of declines due in part to falling diesel prices. Diesel prices fell again this week,...
  • Graybar Opens Branch in Pennsylvania
    Graybar has opened a new branch in Williamsport, Pa., and expanded its existing sales office in Hudson Valley, N.Y., to include on-site inventory and a customer counter. The Williamsport branch is the fourth new location the electrical communications products distributor has opened in 2013. The full-service branch, led by Mike Schaefer,...
  • Penske Logistics Completes Data Center Upgrade
    Penske Logistics has completed the multimillion-dollar upgrade of its data center, which serves all of its supply chain customers. The data center was previously housed on-site at a Penske Logistics facility in Beachwood, Ohio. The new center is located a few miles away off-site and has increased square footage available for...
  • Valley Cartage Promotes Two to VP Posts
    Valley Cartage has promoted Jim Mortensen as vice president of supply chain logistics and Bruce Anderson as vice president of operations, in conjunction with the opening of its supply chain service center in Lake Elmo, Minn., in May. Mortensen will lead the transportation and logistics company's efforts to create end-to-end freight...
  • Dachser USA Opens Bonded Container Freight Station in Miami
    Dachser Transport of America's Miami division has opened a bonded container freight station, I.B.E.C. and Bonded Warehouse, the first of its kind for Dachser USA. The new service offerings will serve clients in the South Florida market and Latin America hubs. With the rollout of the Export Gateway in Miami, the...
  • Retailers Not Too Worried About Sequestration Impact
    Import volume at the nation's major retail container ports is predicted to rise 2.7 percent in April compared with the same month last year, despite federal spending cuts that took effect in March, according to the monthly Global Port Tracker study released by the National Retail Federation and Hackett Associates. "The...
  • Hapag-Lloyd Revamps Trans-Pacific Services
    Hapag-Lloyd will introduce a new trans-Pacific service between Asia and the U.S. West Coast. The Pacific China Express, PCX, has the following port rotation: Ningbo and Shanghai, China; Kwangyang and Busan, South Korea; Los Angeles; Oakland, Calif.; and back to Busan, Kwangyang and Ningbo. The first eastbound sailing will be the Hyundai...
  • House Committee Plans WRDA Roundtable
    The U.S. House of Representatives' Committee on Transportation and Infrastructure will hold a bipartisan roundtable discussion on April 10 regarding the development of a Water Resources Development Act. The roundtable will focus on maximizing the benefits of developing water resources in the U.S. The U.S. Army Corps of Engineers' mission includes...
  • South Carolina Ports Authority Report Shows Air Quality Improvement
    Newer engines and cleaner fuels have helped reduce total pollutants from port equipment and trucks, according to an air emissions inventory commissioned by the South Carolina Ports Authority. The inventory, which measured all port-related emissions in the tri-county area during 2011, is a follow-up to the port's baseline study that quantified...
  • New Locks for Panama Canal Almost Halfway Done
    About 42 percent of the work on the new locks for the Panama Canal expansion has been completed, the Miami Herald reports. The locks are the most costly and complicated part of the $5.25 billion project to expand the nearly century-old canal to handle larger vessels. Most of the rest of the...

TradeWindsweb site
APRIL 9, 2013
  • Bourbon bags billions
    Bourbon has struck a $2.5bn deal with Industrial and Commercial Bank of China (ICBC) aimed at strengthening the offshore owner's finances.
  • Chile ports return 'gradually'
    Activity is slowly returning to normal after a three-week strike across Chile's key ports.
  • Huber tops 10% at Cal Dive
    Financial firm Huber Capital Management has taken its stake in Cal Dive International past the 10% mark.
  • NNA not done yet
    Navios Maritime Acquisition still has the dry powder to add three more MR tankers despite its $140m swoop in the sector last week, analysts say.
  • Coscol ups volumes
    China's Cosco Shipping (Coscol) carried 9% more cargo in the first three months, it said on Tuesday.
  • Ice nice for afras
    Baltic aframax rates have spiked to a two-year high thanks to icy conditions pushing up demand, analysts say.
  • Hamburg pushes merger
    The German city of Hamburg is trying to kickstart more merger talks between Hapag-Lloyd and Hamburg Sud after a tie-up was called off last month.
  • Scandlines books record profit
    Baltic ferry operator Scandlines pushed up earnings to record levels in 2012 thanks to sales and debt reduction.
  • Diana ends cape wait
    Diana Shipping has stepped into the second-hand capesize market for the first time since the onset of the financial crisis.
  • Odfjell and NCC split
    Odfjell and National Chemical Carriers (NCC) are dissolving their 18-ship tanker pool after disagreeing on trading strategy.
  • Tanker masters jailed
    Two European tanker captains have been sentenced to three years in prison in Sao Tome in a "smuggling" case.
  • Phoenix back in action
    Phoenix Bulk Carriers has added a second handymax in as many weeks, brokers believe.
  • SCI tipped for six
    Shipping Corp of India (SCI) could take possession of six of the seven vessels in the fleet of its defunct joint venture Irano Hind.
  • Transpetro handed fine
    Brazil's Transpetro has been slapped with a $5m fine over a spill that polluted 12 beaches near Sao Paulo.
  • India okays Iranian P&I
    India has approved two Iranian insurance groups to cover vessels bringing in Iranian crude.
  • Orders at three-year high
    Capesize newbuilding orders reached a three-year high in March, according to a leading analyst.
  • Fledgling owner takes off
    World Wide Supply is said to have picked up long-term charter contracts with Petrobras as part of the Brazilian oil company's huge platform supply vessels (PSV) tender.
  • Vega crew get cash
    Four seafarers stuck on a cargoship in a Danish port after its owner went bankrupt have now been paid.
  • Galbraith's trio jump ship
    Galbraith's has lost a trio of top tanker brokers to London rival SSY.
  • Cuba-US run halted
    A pioneering freight service between Cuba and the US has been grounded by lawsuits and mechanical problems.
  • New Venezuelan yard?
    Russia and Venezuela are considering establishing a new shipyard to build small tankers.
  • Dry deliveries miss mark
    Dry-cargo newbuilding orders may be running well ahead of the curve at the start of 2013, but it's a different story on the delivery front.
  • Five-year plan
    Oslo-listed Subsea 7 has scooped a five-year charter from Petrobras for a pipe-lay support vessel (PLSV).
  • Mipo reveals MR bonanza
    Korea's Hyundai Mipo Dockyard (HMD) announced it had won another order for 10 MR tankers on Tuesday.
  • MPA in research boost
    Singapore is to roll out new initiatives to drive maritime research and development in a bid to strengthen the local maritime sector.
  • Alam builds backlog
    Alam Maritim Resources has secured charter work for three of its vessels potentially worth up to MYR85m ($28m).
  • Spotlight turns to TNK
    Teekay Tankers (Teekay) took centre stage on Wall Street Monday after confirming details of an order for up to 16 long-range-two (LR2) product tankers at STX Offshore & Shipbuilding of South Korea.
  • No impact from cuts
    US federal spending cuts are unlikely to hurt inbound container flows into the US, a trade body has predicted.
  • Ensco back at Keppel
    US drilling rig company Ensco has returned to Keppel to order its twentieth offshore newbuilding at the Singapore group.

American Shipperweb site
APRIL 9, 2013
  • UPS appeals EU's merger ruling
    TNT Express said the appeal by UPS isn't a reconsideration or a renewal of the previous merger offer. Officials reiterated that TNT withdrew the offer in January and will focus on its new profit improvement plan.
  • NY/NJ port to pay $3.5 million for airport safety violations
  • Container volume forecast to be up in April, despite sequestration concerns
    "The impact of sequestration isn't yet fully known, but Customs officials are working hard to manage their resources and keep cargo moving," NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.
  • Hong Kong dockworkers to meet with mediator
    Unions representing Hong Kong dockworkers will hold talks with two contractors and mediators from Hong Kong's Labor Department on Wednesday, according to a report from Radio Television Hong Kong.
  • MSC's terminals sale makes sense for both sides, says Drewry analyst
  • Steel imports boost New Orleans port in 2012
  • INTTRA offers cargo insurance through platform
  • Flextronics uses Amber Road for restricted party screening
  • TMS provider expands availability of system
  • NYK to provide tsunami alert system to vessels
  • U.S. sees mixed rail results in March
    In March, intermodal traffic rose by 0.5 percent, year over year, to 933,208 containers, while the number of carloads declined by 0.5 percent to 1.117 million when compared to March 2012, Association of American Railroads said.
  • Rickmers-Linie adds new heavy-lift ship
  • Air France takes cargo hit in March
  • ILA members voting on new contract today
    About 14,500 rank-and-file members of the International Longshoremen's Union who work at ports along the East and Gulf Coasts are voting today on whether to ratify a new six-year master contract.
  • Dachser opens bonded warehouse in Miami
  • Executive moves

The Bunker Bulletinweb site
APRIL 9, 2013
  • Marine lubricant supplier wins power plant contract
    Total Lubmarine says it fought off competition from 'major oil companies worldwide'.
  • No clear price direction in Fujairah
    Prices show gains in Suez and South African ports.
  • Prices display mixed trend across Europe
    Little price movement with Piraeus showing biggest change on low sulphur 380 cSt.
  • Maersk Tankers goes ahead with retrofit programme
    Retrofits 'could produce bunker savings of up to 10%.'
  • Reports: Tight avails in Hong Kong
    180 centistoke material in short supply on delayed cargo.
  • Developing lubes for dual fuel engines a 'key' challenge
    Technical director of Total Lubmarine says lubes have to evole.
  • KPI appoints global sales director
    Director for marine lubricants will be Singapore based.
  • Bunker prices in Asia showing mixed signals
    Supplies still tight in Tokyo Bay but the avails have improved.
  • Gazprom backs LNG bunkering for Baltic
    Russian energy giant predicts million tonne demand for bunker alternative.
  • Quest for 'eco' ships sees surge in newbuilds
    Analyst says orders for capesize vessels are at three-year high.
  • 150 tonnes of bunkers onboard sunken vessel
    No signs of leak so far, said Omani maritime personnel.
  • Charleston port records better air quality
    'International fuel standards and efforts by the maritime community mean our air quality continues to improve.'
  • Transpetro completes bunker spill cleanup
    Petrobras fined $5 million for 'operational failure' during bunkering operations at a terminal.
  • Cost of environmental regulations should be 'openly discussed'
    Pragmatic approach best, says International Chamber of Shipping chairman.
  • Bad weather hinders bunkering operations at Las Palmas
    Alternative is to shift vessels to inner port anchorage, says notice from OceanConnect.
  • Petronas ups MISC buy out price
    On recommendations that the shipping industry will 'be hurt by unyielding bunker costs' and more.
  • Wartsila bags contract for four fuel-efficient MPSVs
    Engine maker will design vessels for Malaysia-based Armada Offshore MPSV.
  • Book review: New edition of 'Bunkers'
    Reference work on bunkers is detailed and thorough, richly illustrated and provides insightful predictions on developments up to 2030.

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FROM THE HOME PAGE
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.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
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%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
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