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Independent journal on economy and transport policy
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BRIEFS
July 22, 2013
Sched Netweb site
  • OOCL second quarter revenue shrinks 9.8pc as cargo volume falls 2.6pc
  • Stifel logistics confidence index inches forward in positive territory
  • Mega ships make biggest contribution to throughput at Port of Nantong
  • Rail reform credited with Guangzhou railway packing on 10pc more freight
  • K + N says P3 will sail by regulators, but won't affect freight rates
  • Union Pacific revenue and intermodal decline in second quarter
  • Yusen Logistics starts weekly Hong Kong-Rotterdam LCL service
  • Cargotec profit falls 9pc, but sees turnaround, beating all estimates
  • CBRE: Shanghai Free Trade Zone to stimulate logistics property demand
  • Cathay to launch twice-weekly HK-Mexico cargo service in 4th quarter
  • US Independent Pilots Association joins UN's official trade union body
  • Air France-KLM-Martinair Cargo adds third Abu Dhabi service
  • Air Partner wins contract with British Airways to fuel A380 and B787

Exim Indiaweb site
JULY 19, 2013
  • Greek shipowners agree to donate towards budget
  • MSC to commence Hazira coverage from Aug.
  • Basmati exports to US fall in Q1
  • Coal-based power plants may import 50 mt of dry fuel this fiscal
  • Coconut exports hit record level of INR 1,050 cr. in 2012-13
  • Corn exports increase by 24 pc in 2012-13
  • Gems & jewellery exports dip 41 pc in June
  • Handicraft exports in FY 14 may rise to $ 5 bn on good demand
  • India fastest growing export market for Africa
  • KIOCL may resume exports this year
  • Metal scrap importers halt fresh orders as rupee hits record low
  • NTPC may buy imported coal from CIL
  • Oilmeal exports up in June by 12 pc on rise in Iranian & European demand
  • Rise in April exports may bring cheers to garment sector
  • Steep fall in iron ore imports on good supply
  • Veg oil imports rise by 21 pc in June
  • Gujarat Pipavav Port commences double stack high cube container trains
  • Los Angeles, Long Beach ports express readiness to handle mega vessels of P3 alliance
  • Assocham opposes relaxations in export restrictions on iron ore
  • Forex reserves inches up by $ 21.1 m to $280.19 bn
  • Give more sops to labour-intensive sectors, DEA chief urges PM
  • Govt restrictions may pull down gold imports
  • GST report finalised; to be tabled soon
  • India's growth estimates cut by ADB & BofA-ML
  • RBI intervention helps rupee to end better against dollar at 59.35

Marine Logweb site
JULY 19, 2013
  • Eastern delivers multi-purpose LCV to Harvey Gulf
  • Zaliv takes majority stake in Bergen Shipbuilding Division
  • Norwegian Cruise Line opts for GTM scrubbers
  • Strong first half for Port of Philadelphia
  • Seadrill gets a new CEO
  • Crowley seeks Title XI guarantees for two tankers

World Wide Shipperweb site
JULY 19, 2013
  • SSA Terminals growing at Port of Oakland facility
  • US rail freight traffic has positive weekly tally
  • Diana Shipping inks contract to charter vessel to Cargill
  • New commanding officer for Everett Coast Guard Cutter
  • NYK/Knutsen celebrate naming of new winterized shuttle tankers

Lloyd's Listweb site
JULY 19, 2013
  • Salvors extinguish boxship blaze
    Teams from Smit and Five Oceans board Hansa Brandenburg for inspection
  • First Triple-E vessel calls Shanghai during dismal China trade readings
    Volumes out of Maersk's largest export cluster grew only 3% in the first half
  • China yards hit by tight credit and currency fluctuations
    Increased orders cannot counter shipyards' disappearing margins
  • OOIL posts lower liftings and revenue in second quarter
    Figures reflect slump in rates between April 1 and June 30
  • Torm scales back dry bulk business
    Danish company will focus on its product tankers
  • Greek shipowners pledge €600m to support ailing domestic economy
    Voluntary double tax payment agreed with government
  • More pain for Spain
    End state shipbuilding support in Europe once and for all
  • Simatech orders its first newbuildings in eight years
    Dubai feeder specialist adds bigger ships and develops box terminal in Mogadishu
  • New Seadrill boss pledges to continue aggressive expansion
    Offshore driller remains Fredriksen cash cow
  • The same hymn sheet
    Shipowners must assume the best and prepare for the worst with the MLC
  • Scor London chief Newman named as chairman of underwriters' body
    International Underwriting Association to promote London-based reinsurers and insurance companies
  • Aframax loads crude at Ceyhan after month-long stoppage to exports
    Earnings from Ceyhan hit three-month high as exports resume
  • TMT secures fresh legal win
    Texas bankruptcy judge allows all Chapter 11 cases but two to stay in the US
  • CSC Phoenix faces fresh legal action
    Creditors chase $85m and seek to terminate loan agreements
  • Samsung Heavy Industries moves further into offshore
    South Korean giant secures over two-thirds of its annual order revenue target
  • OOCL reports lower first-half revenues
    Hong Kong carrier sees volumes dip on transatlantic trade
  • ICS urges owners to adopt labour convention despite flag state concerns
    Ship operators must prepare themselves for global adoption of MLC 2006
  • Pirates attack a second vessel in Gabon's waters
    Crew of unnamed landing craft unhurt after speedboat gang boarded and robbed them
  • Rotterdam handles more containers but box tonnages fall
    Dutch hub blames economic malaise as Baltic feeder traffic shifts to German rivals
  • Brussels orders Spanish investors to refund tax breaks
    Backers must repay hundreds of millions of euros after EU ruling on illegal state aid
  • Bomin Group brings bunkers to Algeciras
    Trader will deliver low-sulphur fuel ahead of tougher emissions regulations
  • Tug heads to stricken Hansa Brandenburg
    Burning boxship drifts northeast of Mauritius
  • Torm delists from Nasdaq
    Danish chemtanker outfit cites scale and cost of American Depositary Receipts
  • Jebsens to abandon Western Australia coastal service
    Scrapping of twice-monthly schedule is a blow to ports of Wyndham and Broome
  • Striking an antitrust balance
    The P3 mega-alliance must navigate Brussels' restrictions with care
  • What will life be like with P3?
    Box lines' mega merger has implications for shipowners and competition regulators as well as future rates
  • Japan's shipyards post soaring orders for first six months of 2013
    Export deals rise 200% in gross tonnes
  • Container KGs buck trend to stay profitable
    Buss Capital happy with steady positive return

Fairplayweb site
JULY 19, 2013
  • TMT wins US legal reprieve
    TMT HAS dodged a potentially fatal bullet in its Chapter 11 case in Houston, Fairplay was told today
  • Ukraine's Zaliv emerges as Bergen owner
    ZALIV Shipyard of Ukraine today emerged as the owner of a 51% stake in Bergen, the Oslo-listed maritime and offshore builder group
  • Japan lends up to $1.5Bn to PETROBRAS
    JAPAN'S export credit agency and other compatriot financial institutions have decided to lend up to $1.5Bn to PETROBRAS
  • Salvors board fire-savaged box ship
    SALVORS have brought the fire aboard the box ship Hansa Brandenburg under control, its ship manager said today
  • Crowley seeks tanker loans
    CROWLEY is seeking $169M from the US government for two Veteran-class product tankers to be built by Aker Philadelphia
  • CSSC gains $6.5Bn in another credit facility
    CHINA State Shipbuilding said it has been pledged a 40Bn yuan ($6.5Bn) credit facility from government-owned Industrial Bank
  • $6Bn Oakajee plan frozen
    SHARES in Mitsubishi's Oakajee Corp have been suspended after Western Australia's premier abandoned a final attempt to find it a Chinese equity partner for the $6Bn scheme
  • China's steel exports boom to SE Asia
    CHINA had big rises in steel exports to Southeast Asia in 1H13, according to the customs statistics
  • China opens cheaper box rail link to Hamburg
    CHINA has launched a rail box link that will enable land transits to Hamburg in less than half the time it would take for ocean cargoes
  • Nanjing Tanker seals deal with Trafigura
    NANJING Tanker said today it has sealed a half-year term contract of affreightment with independent oil trader Trafigura
  • HHL buys more tonnage
    GERMAN project carrier Hansa Heavy Lift is expanding its fleet this month with the purchase and hiring of more multipurpose tonnage
  • Keppel gets mixed ratings
    SINGAPORE-listed Keppel received mixed ratings from stock analysts today after the corporation declared a 47% year on year fall in 1H13 profits, to S$677M ($534M)
  • Capesize rates soften as charterers resist
    CAPESIZE demand to ship Brazilian iron ore to China has increased this week, but rates have declined from last week as charterers resisted the recent rally
  • DSME seals $593M order for drill ship
    DAEWOO Shipbuilding & Marine Engineering of South Korea said today it has won an order for one drill ship, in a deal worth 665
  • Aframaxes rates rise east of Suez
    AFRAMAX rates east of Suez have been firming since last week, on the back of crude and fuel oil movements

The Journal of Commerceweb site
JULY 19, 2013
  • Port of Oakland Commissioners Ratify New Board Officers
    The Port of Oakland's board of commissioners has approved a resolution that officially ratifies the election of new board officers. The board named commissioner Cestra "Ces" Butner president, Alan S. Yee first vice president and Earl S. Hamlin second vice president. Butner is the president, CEO and owner of Horizon Beverage Co....
  • Drewry Shanghai Export Air Freight Index Decline Slows
    Drewry Shanghai Export Air Freight Index Full-size image The Shanghai Export Air Freight Index, as reported by Drewry, fell roughly 7 percent year-over-year in June. This drop followed double-digit year-over-year declines in March, April and May. The index is based on the average of all-in rates (U.S. dollars per kilogram) for cargoes of 100-499...
  • GSP Renewal Legislation Introduced in US House
    Four members of the U.S. House Committee on Ways & Means have introduced legislation to renew the Generalized System of Preferences through September 2015, before the current program expires on July 31, 2013. The GPS program provides preferential duty-free entry for a variety of goods and inputs from designated developing countries. H.R. 2709 is...
  • Port of Tampa, AMPORTS Sign Deal for Auto Shipments
    The Port of Tampa and AMPORTS have signed a letter of intent to develop a new terminal dedicated to the import and export of automobiles and rolling stock. The deal is driven by rising demand for automotive production in Mexico in order to serve U.S. markets, according to the Florida port. "We...
  • Independent Pilots Association Joins ITF
    The Independent Pilots Association, a U.S.-based labor union representing 2,600 UPS pilots, has gained membership in the International Transport Workers' Federation. "The IPA's acceptance into the organization is well timed given our ongoing contract negotiations with UPS," said Robert Travis, president of the IPA, in a written statement. "With the resources of...
  • Ocean Carrier Rate Revision Roundup for July 19
    Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in August: Asia-Europe More carriers have planned Asia-Europe rate hikes for Aug. 1: Cosco will increase rates for all shipments from the Far East, including Japan, and the India and Pakistan region to Northwest...
  • Report: Profit From LTL Shipping Outpaces Truckload, Intermodal
    Members of the Transportation Intermediaries Association, which represents third-party logistics providers in the U.S., outperformed the economy in the first quarter of 2013, according to the group's "1st Quarter 2013: TIA 3PL Market Report." The report, comprising data drawn from three categories of members based on revenue, represented nearly 1.3 million...
  • Asian Flu Outbreaks in China, US Slow Poultry Export Growth
    2013 has been a roller-coaster ride for U.S. poultry producers. Exports have increased, but haven't lived up to early growth prospects as avian flu outbreaks on two continents have wreaked havoc with demand. The year started on an upswing. In January, U.S. poultry meat exports totaled 370,872 metric tons, up 8.6...
  • NCSP Group's Container Tonnage Falls 4.6 Percent
    Novorossiysk Commercial Sea Port Group reported consolidated cargo turnover for the first half of 2013 was 72.1 million metric tons, falling 11.6 percent from 81.6 million metric tons in the same period in 2012. NSCP Group's total container throughput from January to June was about 321,300 20-foot-equivalent units, inching up 0.6...
  • MetamorpHOSis
    Trucking seems an unlikely candidate for technological transformation. It is, after all, literally where the rubber meets the road. But the latest changes to federal hours of service rules may be the catalyst trucking needs. The HOS rules that took effect on July 1 are a cause for concern for those...
  • New HOS Rules Mean Less Flexibility for Shippers
    Still pondering the latest twist in the truck driver hours of service rules? Sorry, time's up. Eighteen months after they were released in late 2011, the oft-revised and, at least among truckers, much-reviled hours of service rules took effect on July 1. The changes to the 34-hour restart, which must include...
  • A Truck Driver's Restart Window Narrows
    Truck drivers now have a narrow time window to hit if they want to actually use the 34-hour restart provision of new hours of service rules within 34 hours. Unless they go off duty between 7 p.m. and 1 a.m. at the end of their week, the restart becomes a...
  • Forward Air's Profit Falls Despite Revenue Growth
    Forward Air reported its net income in the second quarter of 2013 was $13.8 million, falling 2.8 percent from $14.2 million in the second quarter of 2012. Total quarterly revenue, however, rose 7.8 percent from 148.3 million in 2012 to $159.8 million in 2013. Quarterly revenue for the Forward Air subsidiary, which...
  • AMR Delivered Record Performance in Second Quarter
    The parent of American Airlines, AMR Corp., reported profit in the second quarter of 2013 was $220 million, rebounding from a net loss of $241 million in the second quarter of 2012, although cargo revenue dropped. Excluding reorganization and special items of $137 million, quarterly profit was $357 million, a $262...
  • JOC-ECRI Industrial Price Index Shows Upward Trend
    JOC-ECRI Industrial Price Index, week of July 19, 2013 Full-size image A closely watched indicator of inflation increased for the third consecutive week in the week ending July 19, although it remained below its one-year average for the fifth consecutive week. The Journal of Commerce-Economic Cycle Research Institute index registered 122.966 for the...
  • Further Erosion Seen in SCFI's Asia-Europe Rates
    Container spot freight rates from Asia to European ports measured by the Shanghai Containerized Freight Index fell further in the week ending July 19, losing more of their achievements from the July 1 general rate increase. This was the third straight week of decreases, pulling total gains from the GRI...
  • Rotterdam Container Volume Rises, But Total Throughput Drops
    Rotterdam's container traffic grew 1 percent in the first half of the year, but total throughput dipped 0.9 percent, the first decline at Europe's largest port in three years. The Dutch port handled just over 5.9 million 20-foot-equivalent units, compared with 5.86 million TEUs in the first half of 2012, with...
  • SCFI: Shanghai-to-US Spot Container Rates Slide
    Spot container rates to the U.S. East and West coasts measured by the Shanghai Containerized Freight Index declined for a second week in the week of July 19, following a July 1 general rate increase. Currently, the West Coast has held on to a 34 percent achievement of the $400...

TradeWindsweb site
JULY 19, 2013
  • TMT dodges bullet
    Today Makes Tomorrow (TMT) has secured a key victory in the fight to keep its creditors at bay while pursuing a reorganisation in a US bankruptcy court.
  • Brokers do battle
    Temperatures were running hot when some top stateside tanker brokers began swapping shops earlier this year.
  • GHS sees crude opening
    Global Hunter Securities has urged investors to increase their exposure to the crude tanker sector noting a compelling trade in the near term which could develop into a longer story.
  • Fesco vetoes buys
    Russian container line Fesco will not be buying stakes in two terminals companies after directors ditched the plan.
  • Bonheur better
    Fred Olsen holding company Bonheur's profit was lifted by wind farm operations in the first half.
  • ACM execs earn less
    Lower bonuses have pulled down pay among the top names at London-listed shipbroker ACM.
  • Inside Scorpio's orderbook
    Dry-cargo's newest owner Scorpio Bulkers have been coy about the details of its vast newbuilding orderbook.
  • Arcadia back in Germany
    Germany's Lloyd Werft has bagged a major follow up conversion job on a P & O cruiseship.
  • Record for Stena
    Stena Line has carded record first half figures on its key North Sea route between Harwich and the Hook of Holland.
  • Bankers running scared
    We take a look at what was said in the market over the past week.
  • N Korean crew charged
    The crew of the North Korean ship Chong Chon Gang has been charged with illegally transporting weapons in Panama.
  • Deiulemar duo sold
    Two former Deiulemar LPG carriers have been sold at auction at the third attempt.
  • Phoenix attacked again
    Two more banks have taken Chinese bulker owner CSC Phoenix to court over loan repayments.
  • Juhl exits Intermarine
    Lars Juhl has quit as managing director of chartering at heavy-lift giant Intermarine due to ill health.
  • Bergen unites with Zaliv
    Bergen Group has joined forces with a major European hull builder to strengthen its shipbuilding division after suffering a horror show over delayed newbuildings.
  • Bank blazing a trail
    TradeWinds digests the digits making the headlines this week.
  • Orkney strife goes on
    Scottish operator Orkney Ferries is running with only two of its three ferries in a pay dispute with crews.
  • Bibby Offshore stronger
    UK owner Bibby Offshore has more than trebled annual earnings as revenue jumped.
  • OOCL sales down
    Overseas Orient Container Line saw revenue curbed by a tenth in the second quarter.
  • UANI targets Swede
    Sweden's Stockholm Chartering says it will respond to claims one of its tankers is calling in Iran.
  • Standard pays a price
    The outlook for the Standard Club has been revised to negative by Standard & Poor's as its underwriting performance has slipped below the rating agency's expectations.
  • Vopak cuts forecast
    Dutch tanker terminals group Vopak is expecting a little less profit in 2013, but first-half earnings should edge up.
  • Band of brothers
    George Gourdomichalis and his brother Stathis have teamed up with some serious people in the investment world for their latest dry-cargo venture.
  • Aid for Athens
    Greek owners will dip into their own pockets and hand over $833m to the government over the next four years to help strengthen the state budget.
  • Halvorsen exits Seadrill
    Fredrik Halvorsen is quitting John Fredriksen's Seadrill for a new job at a technology focused private equity firm.
  • Graig inks double
    UK owner Graig has returned to CSC Jiangdong Shipyard for two more handysizes.
  • Hat-trick for Daewoo
    Korea's Daewoo Shipbuilding & Marine Engineering (DSME) has won its third drillship newbuilding contract in a week.
  • L&B hires salvage firms
    Leonhardt & Blumberg has hired two firms to handle the salvage of its fire-ravaged containership.
  • Prospector ties up rig
    Prospector Offshore Drilling has secured a letter of intent for a jack-up rig on order at Shanghai Waigaoqiao Shipbuilding (SWS).
  • Handy surge boosts orders
    Strong demand for handysize bulker newbuildings has resulted in another strong month of orders for Japan's major shipbuilders.

American Shipperweb site
JULY 19, 2013
  • STB revises railroad rate dispute procedures
    The U.S. Surface Transportation Board's new procedures for gauging the reasonableness of railroad rates removes limits on relief payments on midsized rail disputes and ups the limit on smaller rail rate disputes to $4 million.
  • OOCL's first half revenue, volume fall
    Revenue across all the liner carrier's major trades dropped in the first half of 2013, as a particularly hard second quarter took its toll. Revenue as a whole fell 3.7 percent year-on-year in the first half to $2.7 billion.
  • U.S. Customs seizes switchblade shipment
  • Cathay to connect Asia, Mexico with freighter
    During the fourth quarter, the airline will launch twice-weekly Boeing 747-8 freighter service from Hong Kong to Guadalajara. The flight, which will mark the carrier's first Latin American destination, is still subject to government approval.
  • Amports plans new terminal at Tampa
    "We believe that Tampa is right in the sweet spot for short-sea shipments out of Mexico. We also believe it will become a gateway port for export finished vehicles," Steven Rand, Amports president and chief executive officer, said.
  • U.S. importers press for GSP renewal
  • Former CBP officer sentenced for human smuggling
  • Philadelphia port's cargo up 13% in first half
  • CMB sees revenue rise from 1Q
  • FMC reviews 27 OTI license applications
  • FMCSA launches anti-fatigue site
  • KCS sees revenue increase
  • DHL adds 2 India-China LCL services

The Bunker Bulletinweb site
JULY 19, 2013
  • Weekly global market update
    A weekly price round up of bunkering hubs from around the world.
  • Fuel prices end week on high note in the Americas
    Demand was said to be average in Houston on Friday.
  • Krill Systems launches new bunkering solution
    System uses mass-measuring metres to minimise inherent inaccuracies found in two and three phase HFO transfers.
  • EU support for biofuel on the decline
    EU voted in favour of capping biofuel production at 5.5% of total energy consumption for transportation purposes by 2020.
  • UK heatwave shifts attention to hydrogen-powered ferry
    'With the arrival of the heat wave, the prize-winning Hydrogenesis has been demonstrated to operate in all weather conditions.'
  • 380 cSt prices flat in Fujairah
    Cape Town bunker prices make single digit gains.
  • Prices steady across Europe
    Margin of change small in most cases.
  • Second bunker tank at UK port
    Move is in response to rising demand.
  • World's first LNG single-fuel cruise ferry in operation
    Company sees 'enormous' interest in tickets for environmentally friendly vessel sailing between Norway and the EU.
  • Singapore fuel oil inventories at 11-week low
    Stocks likely to rise in second half of July.
  • Asian bunker prices strengthen
    But increments were small at most key ports.
  • US lobby group says tanker trading with Iran
    Swedish ship cited as sanctions breaker.
  • Scrubber installations 'progressing at full speed'
    Two out of three planned retrofits underway with minimal extension expected to normal docking time.
  • Bomin enters Algeciras bunker market
    Firm supplying 380 cSt bunker fuel and MGO at the port.
  • WFS 'out of pocket' after STX ruling
    US judge rules on status of chartered tonnage - to the bunker company's loss.
  • Vopak estimates flat H1 earnings
    Limited growth influenced, in part, by terminal start-up delay in Algeciras.
  • Brazil to renew ageing fishing fleet
    Focus will be on vessel fuel efficiency.
  • Reports: Aegean to start Algeciras supplies by September
    Traders fear increased competition will depress prices.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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