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Independent journal on economy and transport policy
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BRIEFS
November 14, 2013
Sched Netweb site
  • Hapag posts quarterly profit decline to US$82 million, sales off 5pc
  • Asia-Europe box volumes rise 8pc in 3Q, and 3.4pc in first 9 months
  • Hebei ports box volume up 57.7pc to 1.07 million TEU in first 10 months
  • Sinotrans bond sale to raise US$328.2 million to build working capital
  • China's October rail freight volume up 7.4pc to 348.1 million tonnes
  • MacAndrews switches to London Thamesport
  • Viability of extending 14,000-TEU ships to 16,000-TEUers tempts owners
  • BMW to open spare part centre in Hebei under JV with property group
  • Transport Corporation of India revenue up 6pc, but profit flattens
  • MOL lauds Singapore's importance at party attended by high officials
  • Damco launches air cargo charter service from Zhuhai to Amsterdam
  • Buenos Aires' Aerolineas Cargo 12th member of SkyTeam Cargo Alliance
  • FedEx to employ local staff in Asia Pacific to better serve SMEs

Exim Indiaweb site
NOVEMBER 13, 2013
  • Asia-Europe box capacity projected to increase in 2014
  • Box service to Russia launched for Sochi Winter Olympics
  • DB Schenker Logistics improves temperature monitoring in warehouses & pharmaceutical transport
  • DP World London Gateway, Britain's new high-tech port & Europe's largest logistics hub, hosts first vessel
  • G. K. Vasan, Japanese counterpart discuss long-term maritime cooperation
  • Limited seats remain for Krabbendam Heavy Lifting & Transport Masterclass 2013 in Mumbai
  • NYK receives top environmental technology award
  • DP World's global container volume up 2.4 pc in Q3
  • PPT records 26.7 pc traffic growth in April-Oct.
  • PSA to operate Lianyungang container terminal
  • EEPC says export rebound is genuine
  • Exports to see further growth in coming months, says Fieo President
  • Zero point border market proposed at Wagah-Attari

International Transport Journalweb site
  • EU to co-finance study on Spanish intermodal hub
  • US Airways and American Airlines allowed to merge
  • Slovakia: launch of freight car casting production plant
  • DB Schenker Logistics - Prague terminal opened
  • More boxes in Basel's Rhine ports
  • Contship investing in new equipment in La Spezia
  • Freja reinforces project and heavylift department
  • Improvements in the pipeline for tachograph
  • FPS Group adds two new members
  • US charter company seeks bankruptcy protection - again
  • Veteran going ashore
  • Etihad Airways turns ten
  • Scania inaugurates climate test facility in Sweden
  • Ceva lands new contract with Terex in Brazil
  • Global containerised volumes on the rise
  • Wieder freie Fahrt?
  • Reshuffle on Irish and British isles
  • Port of LA starts incentive programme to attract cargo

Marine Logweb site
NOVEMBER 13, 2013
  • Wärtsilä to retrofit Ro-Pax with scrubber system
  • Maersk Line Ltd MSC contract is worth potential $143 million
  • Strategic launches first vessel from its Vietnam shipyard
  • Aegean swoops on Hess bunkering business
  • Norwegian Cruise Line opts for Resolve simulator training

World Wide Shipperweb site
NOVEMBER 13, 2013
  • Washington state trade team begins six-day mission in Beijing
  • First canola seed shipment arrives at Port of Warden facility
  • Crowley presents scholarships to University of Alaska Fairbanks students
  • Inchcape Shipping Services warns of Lisbon strike action
  • General Dynamics NASSCO nets order for new LNG vessel

Lloyd's Listweb site
NOVEMBER 13, 2013
  • Navios Logistics inks 20-year deal with Vale
    Contract from iron ore giant worth up to $1.5bn in operating profits
  • DnB sells out of Genco position ahead of 2014 amortisation payment
    EXCLUSIVE: Unknown group of buyers snap up $520m stake
  • Yangzijiang posts a healthy shipbuilding profit margin
    Revenue and gross profits increase as Singapore-listed yard targets offshore orders
  • Overseas Shipholding Group turns a profit
    Result reflects reduced interest expenses
  • Dynagas takes a haircut to trade on Nasdaq
    Prokopiou's new LNG vehicle raises $225m despite small discount
  • HMM rights offering crosses the finish line
    Box carrier reins in its money-raising bid to service debt and support operations
  • Owners look to December loadings as VLCC rates surge grinds to a halt
    Recent spike has proved robust after three weaker years
  • Navios Maritime Acquisition buys three modern Chinese VLCCs
    Purchase confirmed as tanker owner reports a third-quarter loss
  • Maersk beats weak markets to lift third-quarter net profits to $554m
    UPDATE: Return on invested capital soars to 11% as fleet costs slashed
  • Concordia Maritime sails into the black
    Third-quarter spot freight rates improved
  • West Africa pirates release C-Retriever seafarers
    US State Department refuses to say whether the kidnappers received a ransom payment
  • Top shipping bankers expect brighter 2014
    Petrofin charts surge of confidence in market despite shrinking lending
  • Asia-Europe capacity set for 6.5% increase next year
    Rise is equivalent to an extra 2.4 Asia-Europe services, if launched at the start of 2014
  • Gas Natural extends charter for Höegh's LNG Libra
    The 13-month deal will generate around $16m
  • Preparing for a new world order
    Maersk and MSC fight for pole position as the top container line
  • Banks will get tougher on loan defaults, Citi shipping boss warns
    European Central Bank review will stop lenders 'kicking the can down road'
  • Moving on up
    The second tier of shipping lines are continuing to expand their fleets despite tough market conditions brought on by the cascading of tonnage
  • Shipowners alerted to looming regulatory threats
    World Shipping Council's Koch warns of talk to impose operational efficiency standards
  • Norden extends dry bulk charter coverage to 2016
    UPDATE: Confidence is high on dry bulk market balance despite third quarter dip in profit
  • Aegean acquires Hess' US east coast bunker business
    Move marks company's Stateside customer supply debut
  • Data Hub: Shipper and freight forwarder survey 2013
    Shippers and freight forwarders have expressed their views on a range of topics, from the P3 Network to cargo safety
  • Eitzen Chemical reduces its losses
    Norwegian firm predicts a rosy longer-term outlook for chemtankers
  • Safe Bulkers launches $50m fundraiser
    More vessel acquisitions on the agenda but deals could wait until next quarter
  • Yangzijiang sets up first shipmanagement firm in Shanghai free trade zone
    Shanghai Run Yuan to manage 11 bulk carriers under Yangzijiang Shipping
  • Ports America heads effort to make US ports world-class
    Gap will close in five years, says CEO Michael Hassing

Fairplayweb site
NOVEMBER 13, 2013
  • Baltic Trading goes 'eco'
    BALTIC Trading wasted no time today putting follow-on proceeds to work, announcing a deal to acquire two fuel-efficient newbuild resales and secure two options
  • BG sells Curtis stake for $2Bn
    UK LNG trader BG Group has sold more of its stake in the Queensland Curtis LNG project to China National Offshore Oil Corp for $1.93Bn
  • Norden adds bulkers
    NORDEN, the listed Danish drybulker and product tankers group, today said it has ordered five newbuilding drybulkers
  • Uni-Asia earnings rise 19%
    TONNAGE provider and investment company Uni-Asia said today net profits for 3Q13 rose 19% year on year to $2.5M
  • Follow-on pricing pressures Safe Bulkers
    SHARES of Safe Bulkers are falling today after pricing was revealed on its overnight follow-on offering
  • Baltic Trading prices its follow-on offering
    PETER Georgiopoulos-chaired Baltic Trading today priced a follow-on offering to raise proceeds for potential Ultramax acquisitions
  • Frangou seals Vale deal
    NAVIOS Logistics today confirmed a 20-year contract with Brazil's Vale, with a positive EBITDA effect of up to $1.5Bn over the lifetime of the deal
  • Dynagas LNG misses goal
    GEORGE Prokopiou's Dynagas LNG Partners has succeeded in its quest to go public, albeit at lower pricing than hoped
  • Navios Acquisition buys three VLCCs
    NYSE-listed Navios Acquisition today announced higher quarter losses and the purchase of three Chinese-built VLCCs

The Journal of Commerceweb site
NOVEMBER 13, 2013
  • Long Beach Mayor's Actions Seen Threat to Port
    Shipping lines and terminal operators at the Port of Long Beach are concerned that an apparent attempt by the city's mayor to remove the president of the harbor commission from the port's governing body will have a long-term impact on Long Beach's competitive position in the industry. "Our members are stunned...
  • AirBridgeCargo's Reports Cargo Growth
    AirBridgeCargo Airlines transported 92,000 tons of cargo in the third quarter of 2013, a 3 percent year-over-year increase, partially driven by "strong inbound growth" generated on its main routes. In September, the Russian air cargo carrier transported 31,000 tons of cargo, increasing 2 percent from the same period last year. The airline...
  • Shippers Turn More to Intermodal for Mexico-US Moves
    The share of U.S.-Mexico surface trade by value being transported via the rails is increasing, suggesting shippers are shifting more loads to intermodal transport from the highway. The share of overall surface trade between the two neighbors has risen from 14.8 percent in August 2009 to 17.8 percent this August, according...
  • DeHaan Takes the Helm of IWLA
    The International Warehouse Logistics Association's board of directors named Steve W. DeHaan as its new president and CEO. DeHaan replaces Joel Anderson, who is retiring from the position he held for more than seven years. Most recently, DeHaan served as CEO of the National Home Furnishings Association, where he worked for more...
  • Descartes Systems Group, InfoSky Form Alliance
    Descartes Systems Group and InfoSky have formed an alliance to streamline logistics messaging for the Chinese air cargo industry. The alliance between Descartes, a software-as-a-service solutions provider, and InfoSky, a division of China TravelSky Holding Co. that provides applications and IT services for China's Civil Aviation Administration, federates the two organizations'...
  • US Ports See Highest West Coast Market Share Since 2011
    Third Quarter 2011-2013 West Coast Market Shares By Country Full-size image North American west coast container ports experienced a slight increase in year-over-year traffic in the third quarter of 2013. Overall throughput to major west coast ports in the U.S., Mexico and Canada rose 1.7 percent year-over-year to 6,283,238 TEUs. Among North American west...
  • Settlement Would Clear Skies for US Airways, American Merger
    The U.S. Department of Justice has filed a proposed settlement with US Airways and American Airlines to resolve its lawsuit challenging their planned merger. Six state attorneys general - Arizona, Florida, Pennsylvania, Michigan, Tennessee and Virginia - and the District of Columbia joined in the department's proposed settlement, which was filed...
  • Asia-Europe Ocean Carriers Confident on Rate Hikes
    Conventional wisdom and economic logic, it seems, are two ideals shipping lines operating in the world's largest ocean trade really don't care to acknowledge. How else to explain Asia-Europe carriers' attempt to push through steep rate increases amid cargo growth that's advancing at a snail's pace, a persistent glut of...
  • Damco's Profit Collapsed in Third Quarter
    Damco's profit collapsed to $1 million in the third quarter of 2013, from $15 million a year ago, driven by higher restructuring and overhead costs. A.P. Moller-Maersk's freight forwarding and logistics unit booked quarterly revenue of $836 million, against $838 million last time. "The additional cost mainly relates to programs to adjust...
  • Drewry's Eastbound Trans-Pacific Rate Unchanged
    Drewry Container Rate Benchmark, Nov 13, 2013 Full-size image The Drewry benchmark rate for shipping from Hong Kong to Los Angeles remained flat in the week of Nov. 13 at $1,736 per 40-foot-equivalent unit. The rate has been unchanged since falling to this level in the week of Oct. 16. "Drewry expects the...
  • APM Terminals' Profit, Revenue Rise on Improved Traffic
    Port of SantosAPM Terminals boosted third quarter profit to $203 million, from $156 million a year earlier, driven by sharply higher earnings at associated companies and joint ventures. The port operating arm of Denmark's A.P. Moller-Maersk increased traffic by 4 percent, in line with global market growth, to 9.3 million 20-foot-equivalent...
  • Maersk Line Posts Higher Profit Despite Lower Freight Rates
    Maersk Line's third quarter profit rose to $554 million in the third quarter of 2013, from $498 million a year earlier, as steep cost cuts and double digit growth in container volume offset weaker ocean freight rates. The improved performance took the Danish carrier's nine month net income to $1.2 billion,...
  • US Diesel Prices Continue to Slide
    U.S. diesel prices through Nov. 11, 2013 Full-size image U.S. diesel prices decreased for a third straight week in the week ending Nov. 11, with the average price down roughly 15 cents over the three-week period, according to the U.S. Energy Information Administration. The national average price is $3.832 per gallon, down 0.6...
  • SeaIntel Sees Continued Growth in Asia-Europe Capacity
    Capacity growth in the Asia-Europe liner trade will increase 6.5 percent in 2014 unless carriers cancel services or introduce more blank sailings, according to the latest analysis by SeaIntel. Sixty-one vessels with a capacity in excess of 10,000 20-foot-equivalent units are forecast to be delivered to ship lines next year, with...
  • Truckload Capacity Shifts as Big Carriers Acquire Competitors
    The Journal of Commerce Truckload Capacity Index rose unexpectedly in the third quarter to a four-year high, but that doesn't mean more tractor-trailers rolled onto highways and up to shipper docks. Instead, the leap in the index reflects a gathering concentration of capacity at the top of trucking's food chain,...
  • Jumping to Conclusions
    We live in a society where jumping to conclusions without having all the facts is all too common. Case in point is another story about the bad boys of the National Football League, specifically, the behavior of the Miami Dolphins players and their conduct inside and outside the locker room. Clearly,...
  • China's Record Spending on 'Singles' Day' Puts Pressure on Local Logistics Providers
    China's domestic spending shot up this year on Nov. 11 in response to "Singles' Day" marketing promotions. For the fifth consecutive year, a massive wave of shopping nationwide has responded to big discounts offered online. Sales totaled RMB 35 billion (abount US$5.7 billlion) on Taobao.com and Tmall.com, the two key sales...

TradeWindsweb site
NOVEMBER 13, 2013
  • Baltic Trading books ultramax duo
    Baltic Trading has ordered a pair of ultramax bulkers at China's Yangfan Goup.
  • London P&I 'disappointed'
    The London P&I Club has expressed disappointment at what the insurer called a "baffling" decision on the 2002 spill from the tanker Prestige.
  • Maersk wins US charter
    Maersk Line has won a ro-ro contract from the US government worth as much as $143m.
  • d'Amico to fix four
    d'Amico International Shipping is hopeful of securing period contracts for four of its newbuildings shortly.
  • Varun slashes loss
    India's Varun Shipping has cut its third quarter loss despite seeing revenue tumble by more than half.
  • New deal for Zvezda
    Sovcomflot and DSME have been brought on board to develop Russia's big new far east shipyard.
  • NNA adds three VLCCs
    Greece's Navios Maritime Acquisition Corporation (NNA) has revealed a deal to add three modern VLCCs to its growing fleet.
  • Safe Bulkers aims low
    Shares in Safe Bulkers fell today after the Greek owner priced its follow on equity offering at a discount.
  • Navios' billion-dollar deal
    Navios South American Logistics has scooped a 20-year iron ore contract with Vale worth $1bn.
  • Concordia sneaks a profit
    Sweden's Concordia Maritime has reported a drop in third quarter earnings as revenue fell.
  • SCI tears up two
    Shipping Corp of India (SCI) has cancelled two offshore newbuildings due to late delivery.
  • Siem Offshore sells one
    Siem Offshore and compatriot OH Meling have sold a jointly owned platform supply vessel.
  • Mangouras cleared over Prestige spill
    Spain has absolved a trio of defendants in the Prestige case of criminal responsibilities for pollution.
  • Fredriksen fixes four
    John Fredriksen's Deep Sea Supply has won long-term charters for three PSVs and an anchor-handler.
  • Gulf Nav seeks support
    Gulf Navigation has called a make or break meeting with shareholders after racking up losses that threaten its existence.
  • Hoegh's veteran in demand
    Hoegh LNG has stretched a charter for an elderly LNG carrier by another 13 months.
  • Procopiou prices low
    George Procopiou's first attempt to access the capital markets with Dynagas has seen the Greek owner price its shares below its initial expectations.
  • Loss mounts at SCI
    Shipping Corp of India (SCI) has seen its loss grow further in the second quarter of 2013 as boxships slipped into the red.
  • SCI cash in limbo
    Shipping Corp of India (SCI) is facing a battle to get its hands on a refund for a cancelled boxship order in China.
  • Norden takes five
    Norden has continued its dry-cargo expansion drive with the addition of five more newbuildings to its catalogue.
  • AP Moller beats bets
    AP Moller-Maersk has raised its full year earnings forecast after surprising the market with a better than expected set of third quarter numbers.
  • Norden narrows range
    Norden has narrowed its full year forecast amid the expectation its dry-cargo division will make a positive contribution this year.
  • Krasnoye Sormovo drops
    Russian shipyard Krasnoye Sormovo has posted an 11% fall in nine-month net profit as revenue crashed.
  • Bharati further into red
    India's Bharati Shipyard has posted a bigger loss after third-quarter revenue collapsed.
  • Captive US duo freed
    Two US officers have been released by Nigerian pirates after being seized from a supply ship last month.
  • Eitzen trims losses
    Losses at Norwegian shipowner Eitzen Chemical saw its deficit improve in the third quarter, figures released Wednesday show.
  • Atlantic in the black
    Atlantic Navigation continues to improve its financial performance posting a positive result for the third quarter of 2013.
  • Aegean buys Hess arm
    Aegean Marine Petroleum Network has agreed to acquire Hess Corporation's US East Coast bunkering business for $30m.
  • GREE boosts war chest
    Greenship Bulk Trust has ordered two more ultramax bulkers at China's Dayang Shipyard taking its fleet to 18 ships.
  • Numbers up at Swiber
    Swiber Holdings has recorded a 15.4% increase in third quarter net income despite a sizeable jump in expenses.
  • Yangzijiang profit eases
    China's Yangzijiang Shipbuilding has seen its profit ease by only 6% in the third quarter, it emerged Wednesday.

American Shipperweb site
NOVEMBER 13, 2013
  • With poor 3Q numbers, YRC enters contract negotiations
    Negotiations between YRC Worldwide and the International Brotherhood of Teamsters are officially on, as the carrier is looking for a new five-year contract, which would help stem its losses and reduce its debt.
  • China's e-commerce race
  • Diversification helping truck broker industry expand
    Non-asset based companies that manage domestic freight moves are a growing force within the trucking sector as they move beyond dry-van truckload and become a go-to resource for smaller shippers, analysts say.
  • Maersk reports higher profit
    Quarterly revenue of $14.6 billion for the group was down less than 1 percent, and the company said increased profit was achieved at all its businesses except Maersk Oil and Damco.
  • Global Aviation Holdings enters Chapter 11
    In the bankruptcy filing, the company said the Air Mobility Command's decision to cancel expansion flying for next year will cut into revenues and create overcapacity in the military cargo charter industry.
  • AIIS taps new executive director
  • Adjusted revenues up for DHL
  • COSCO, Piraeus propose modification of agreement
  • Justice reaches settlement with American, US Airways
    The airlines will divest 52 slot pairs at Washington Reagan National Airport, 17 slot pairs at New York LaGuardia, and two slot pairs each at airports in Boston, Chicago, Dallas, Los Angeles and Miami.

The Bunker Bulletinweb site
NOVEMBER 13, 2013
  • Prices struggle to find clear direction in Rotterdam
    Prices lacked direction in Northwest Europe.
  • Prices soft in Fujairah
    Lacklustre market seen in Suez.
  • Singapore and Belgium hook up on LNG bunkering standards
    Move to facilitate development of global standards for LNG bunkering.
  • Big three in bid for market dominance
    Smaller players could be squeezed out of St. Petersburg if major players get their way.
  • Mid-week bunker prices down in Asia
    Supplies of bunker fuels tight at South Korea.
  • Hong Kong supplier entering Chinese bonded market in 2014
    Expects to add between 30,000 to 50,000 mt of bunker sales to total volume.
  • Maersk Triple-E vessels 'a work in progress'
    Last Maersk Triple-E ship will be different from the first.
  • US firm orders another environment friendly tanker
    Product tanker is also 'LNG-conversion-ready', says firm.
  • Titan Petrochemicals mulls venture into oil rig sector
    Enters into MOU with offshore oil rig manufacturer and undisclosed party.

›››File
FROM THE HOME PAGE
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.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
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.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
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