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Independent journal on economy and transport policy
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BRIEFS
May 30, 2013
Sched Netweb site
  • TSA lines to hike rates US$400/FEU from July, citing rising costs
  • Panama Canal box volume slips as GDP growth slows to two-year low
  • Zim to deploy 10,000 TEU vessels on AEX-1 loop as AEX-2 is suspended
  • APMT completes quay at its US$120 million wholly owned Liberian terminal
  • Portland's container volume declines 30pc to 14,006 TEU in April
  • Ireland posts 8pc fall in quarterly container traffic to 140,681 TEU
  • Hanjin, UASC launch second relay loop from Algeciras to West Africa
  • DHL to invest US$180.9 million to boost south east Asian facilities
  • CargoWise's electronic data interchange IT makes gains in the Americas
  • Overcapacity prompts SIA Cargo to park second freight in California
  • Aeros technology to speed production of new cargo-carrying dirigibles
  • Panalpina's Luxembourg Airport facility targets healthcare sector
  • Jeddah holds conference to discuss airport and air freight security

Exim Indiaweb site
MAY 29, 2013
  • European Union allocates funds for anti-piracy efforts in Africa
  • GAIL (I) plans foray into LNG shipping
  • NATO counter piracy warship meets with local leaders in Somalia
  • Transpacific rates up, Asia-Europe rates fall on SCFI
  • Vasan promotes Indian maritime sector & logistics opportunities during Hong Kong visit
  • Velji Dosabhai & Sons closes first LCL consol from TransIndia CFS
  • India plans safeguard duties on iron, steel imports
  • Chennai Port to invite fresh bids for mega container terminal
  • TRAFFIC HANDLED AT MAJOR PORTS
  • DHL brings together industry leaders to discuss key supply chain issues in life sciences & healthcare
  • Gujarat first to plan 5-yr export policy

International Transport Journalweb site
  • Deutsche Post: old and new chairman one and the same
  • New affiliate to open in Moscow
  • New chairman of Bifa elected
  • Goodman develops new centre for Akzo Nobel in Germany
  • Swiss Post sees some shrinkage in Q1/2013
  • Winds of change blowing through port of Corpus Christi
  • More capacity on transpacific trade
  • SIA Cargo to mothball a second freighter
  • Combiwest and Naviland Cargo set up partnership
  • Hamburg Süd celebrates double naming ceremony
  • Australia: start of Pumicestone Road interchange upgrade
  • New Knoxville bulk transfer terminal now open
  • E.R.S. to acquire up to 15 GE locomotives
  • Burundi and Qatar sign air service agreement
  • Leisure Cargo and Champ Cargosystems - partners for 20 years

Marine Logweb site
MAY 29, 2013
  • CIT's Engh: It's the perfect time to be in marine finance
  • Maersk gets out of VLGC market
  • Diamond Offshore orders semi at HHI
  • BAE San Diego gets $49.7 million contract mod
  • Greek shipping faces new tax burdens
  • MAN B&W powers Transpetro PROMEF newbuilds
  • New society will promote LNG as marine fuel

World Wide Shipperweb site
MAY 29, 2013
  • Port of Long Beach director announces plans to leave post
  • Trucks lead March freight moves in trade between NAFTA partners
  • Jones F. Devlin Awards go to 73 Crowley vessels
  • Greenbrier adding Multi-Max to automotive railcar lineup
  • Federal Emergency funds earmarked for Skagit bridge repair

Lloyd's Listweb site
MAY 29, 2013
  • MSC finalises $1.9bn ports deal
    New partners eye acquisitions after Global Infrastructure Partners buys 35% of TIL
  • The new yardstick: verifying the efficiency claims
    Doubts over eco-designs still loom. Those yards that deliver will gain pricing power
  • Commerzbank takes on defaulting ships
    Exclusive: Warehousing scheme restricted to around 10 vessels in the next two years
  • Shipping industry must invest in salvage or face national legislation
    No one wants to foot the bill, says Swiss Re's Townsend
  • BW Group fixture pushes VLCC spot market to new highs
    Further rate rises are expected this week
  • Cost-cutting pays as CSAV narrows its first-quarter loss
    Chief executive Hasbún has high hopes for rates hike
  • Seafarers kidnapped from Nigerian chemical tanker
    Matrix 1 hijacking indicates West Africa shift from cargo theft to kidnap for ransom
  • Ryckbost replaces Verhoeven at Espo
    Brussels insider joins shipowners' group at a critical time for European ports
  • Ocean carriers may shun low-rated cargoes
    Drewry suggests that lines forego volumes to shore up freight rates
  • Globus posts first-quarter profit
    Greece-based owner senses that dry bulk recovery is 'not too far away'
  • Comment: Freight market spike prompts Maersk Tankers to dispose of tonnage
    But will new LPG supply make Maersk live to regret its decision?
  • Lloyd's Market Association reviews proposed rules for the use of force
    Document has also been submitted to the ISO but insurance industry still has concerns
  • Hanjin chairwoman's tax row highlights investors' debt concerns
    South Korean shipping giant will benefit from government-backed perpetual bond
  • Update: Maersk Tankers sells VLGC division to BW Group
    Seller refocuses on product carriers as buyer broadens its global reach
  • Asia-Europe box rates could be stronger than thought
    Analyst claims $600 discrepancy in reported average prices for Shanghai-Rotterdam
  • Talks continue over Bergen Group's part sale of shipbuilding activities
    Offshore specialist writes off goodwill after 'unsatisfactory and disappointing' quarter
  • Get it while you can
    Even today's disappointing market will not deter the rush to over-order
  • Shipping voices mixed feelings about Brussels' proposed port guidelines
    Critics say reforms tangle players in red tape yet fail to tackle restrictive practices
  • Industrial action disrupts Sokhna
    'Serious' backlog for boxes as DP World terminal's handling rates fall 70%
  • TSA members pursue 'meaningful increase' in rates from July
    Lines seek $400 per feu rise for Asia-US west coast and $600 for all other destinations
  • Star Bulk ramps up managed fleet
    Nasdaq-listed bulker owner will take in tonnage acquired by Oceanbulk and Oaktree
  • Friedrichs leaves HCI Capital
    Chief executive is a high-profile casualty of the German shipping crisis
  • Higher hopes for box prospects
    Macquarie says accelerated scrapping points to a better container market from next year
  • Damco hails 'satisfactory' first quarter
    Moving headquarters and investing in IT system explains dent in results
  • Wärtsilä will make medium-speed engines in China
    Joint venture with Yuchai Marine Power begins production next year
  • Ease off the aframaxes
    Flagship's two-ship order ignores outcry on overcapacity

Fairplayweb site
MAY 29, 2013
  • Wide effects seen for key Greek tax changes
    MOORE Stephens today warned that tax changes voted by the Greek parliament will have wide effects on its shipping sector
  • SCI narrows losses
    LOWER expenses helped government-owned Shipping Corp of India narrow its losses to 2.81Bn ($52M) rupees over January-March, from 3.56Bn rupees year on year
  • Dole upgrading fleet
    REEFER shipper and vessel owner Dole is moving ahead with plans to add new tonnage to its US West Coast operations
  • CSAV books inquiry provision
    CHILEAN carrier CSAV has posted more significant quarterly losses and warned of possible fallout from a global car-carrier antitrust inquiry
  • Sabine financing sealed
    CHENIERE Energy confirmed today that financing has been secured for Trains 3 and 4 at the Sabine Pass LNG export terminal in Louisiana
  • Friedrichs leaving HCI
    GERMAN KG house HCI Capital's chairman Ralf Friedrichs is leaving at the end of June, in a move accompanied by changes in its governance structure
  • Pistiolis sells another slice
    TOP Ships founder Evangelos Pistiolis has divested another tranche of his shares, with more sales expected
  • TSA urges new box rate jump
    VESSEL overcapacity and rising costs in the trans-Pacific box trades is pressuring liner operators to push for another round of rate increases
  • APM exits VLGCs with S&P
    MAERSK Tankers has sold its five VLGCs to Singapore's BW Group for an undisclosed sum and thereby exited the gas sector
  • Deaths rise but casualties fall offshore Australia
    Deaths rise but casualties fall offshore Australia INJURIES in Australia's offshore sector were at a record low in 2012, but fatalities and safety incidents rose, the industry's regulator has found
  • 11 sought after capsizing
    ELEVEN passengers are missing today after an overloaded ferry capsized and sank off Sarawak state in northwestern Malaysia
  • 12 sought in tug sinking
    SEARCHERS are reportedly looking for a dozen seafarers missing since a Chevron-contracted tug sank off Nigeria
  • Report puts Oz economy on notice
    AUSTRALIA is missing out on a $100Bn surge in the resources boom because of its high cost of doing business, a study has warned
  • TMT's F Elephant acquired in fire sale
    TAIWAN Maritime Transportation has sold its ore carrier F ELEPHANT to a Taiwanese buyer for $99M yuan ($16M)
  • Sinotrans warns on profits
    HONG KONG-listed Sinotrans Shipping has warned of a substantial decrease of net profits - or even losses - for 1H13

The Journal of Commerceweb site
MAY 29, 2013
  • NYCT's Fate Tied to Truck Toll Rebate
    The continued existence of the New York Container Terminal, long the most productive terminal in New York harbor, is mired in negotiations with the Port Authority of New York and New Jersey. The negotiations are over the amount of the rebate that the port agency will pay under an agreement it...
  • OL&T Buys Hawaii Intermodal Tank Transport
    Odyssey Logistics & Technology Corporation has acquired the bulk liquid food products transportation business of Palmetto, Fla.-based Hawaii Intermodal Tank Transport. Financial terms of the transaction were not disclosed. As part of the deal, which OL&T made through its affiliate, OL&T FoodTrans LLC, it will acquire rights to the Hawaii Intermodal...
  • 73 Crowley Vessels Honored With Jones F. Devlin Awards for Their Commitments to Operational Safety
    NEW ORLEANS - Seventy-three Crowley Maritime Corporation vessels received Jones F. Devlin Awards for their commitment to operational safety from the Chamber of Shipping of America (CSA) at the 2012 Annual Safety Awards Luncheon in New Orleans, La. Each year the CSA grants Devlin Award certificates to manned merchant vessels...
  • Ryder Supplies Additional Trucks to the MOD's Defence School of Transport
    Ryder has supplied a further 14 MAN TGS tractor units and trailers on contract to the Ministry of Defence (MOD). The trucks will be based at the Defence School of Transport (DST) based at Normandy Barracks, Leconfield, East Yorkshire, where Ryder recently supplied 138 trucks and tractor units, plus 47...
  • Record Soybean Shipments Clog Brazilian Ports
    Brazilian soybean shipments, which typically run through May, will be extended until at least July as a record crop from the South American nation has created a backlog at ports and on roads, Bloomberg reports. "This is totally atypical for this time of the year," Bloomberg quoted Isis Markarian, an analyst...
  • MSC Finalizes Sale of Stake in Terminals Division
    Mediterranean Shipping Co., Global Infrastructure Partners and a group of GIP's co-investors have closed on the sale of a 35 percent stake in MSC's terminals business. The closing follows obtaining the relevant approvals. The strategic partnership in Terminal Investment Ltd. between MSC and GIP will provide a "strong foundation" to support the...
  • Savannah Dredging Project Clears Major Snag
    U.S. District Judge Richard M. Gergel on Wednesday accepted the settlement agreement between all parties involved in the mediation regarding the Savannah Harbor Expansion Project, dismissing the federal litigation pending against the proposed deepening of the harbor channel. Parties to the mediation included the South Carolina Department of Health and Environmental Control,...
  • CMA CGM to Increase North Europe-North America Rates in July
    CMA CGM will boost rates for dry and refrigerated cargo on its trade from North Europe to the U.S. East Coast, Mexico and Canada, effective July 1. The increase will be $100 per 20-foot container and $200 per 40-foot container, the container line said. CMA CGM will also hike rates on...
  • Unisource Names Serlin as Chairman, CEO
    Unisource Corporate, a holding enterprise that acquires third-party logistics service providers and logistics technology providers, has appointed Jordan Serlin as its new chairman and CEO. Nicholas Ferber, the current CEO, will continue to serve on Unisource's board of directors and will consult during the transition period. Serlin has been advising the...
  • US Intermodal Rates Climb
    Year-to-date 2013 changes in U.S. directional indices Full-size image The overall U.S. intermodal rate index increased 0.5 percent or $9.58 to $1,973 this week due to increases in three of the four directional indices, according to data on all-inclusive 53-foot door-to-door spot pricing quoted by railroads and provided by the 3PL IDS. The top...
  • FMCSA Shuts Down Colorado Trucking Company
    The U.S. Department of Transportation's Federal Motor Carrier Safety Administration has ordered GD Cars, Aurora, Colo.-based trucking company, to cease all operations, stating that its vehicles and drivers pose an "imminent hazard" to public safety. FMCSA said its investigators found "serious vehicle safety deficiencies" during the course of their investigation. In...
  • Canadian National Fast-Tracks Upgrade for Frac Sand Production
    Canadian National Railway is accelerating work on the $33 million upgrade of its Whitehall Subdivision in Wisconsin in order to increase car-loading capacity and train velocity for the frac sand supply chains of Badger Mining, Preferred Sands of Wisconsin, Atlas Resin Proppants and Taylor Frac, in order to accommodate ramped-up...
  • Fines vs. Jail: Why Words Matter
    It's a growing phenomenon that all importers must beware: What federal agencies regulating trade once considered strictly mistakes warranting no more than a civil penalty have become criminal violations. Take this example: If a company imports goods subject to the Food and Drug Administration's jurisdiction, the importer will hold those goods...
  • Dole Invests $165 Million in Reefer Container Ships
    Dole has suspended a previously announced $200 million share buyback program in order to mitigate losses from its strawberry business and revamp its fleet of container ships, Fox Business reports. The California-based food company will use the repurchase program's existing funding to buy three new custom-built refrigerated container ships for $165...
  • CEVA Logistics Expands US-Mexico Offerings
    CEVA Logistics has launched two services in its U.S.-Mexico portfolio, including a new intermodal service. Mexico Direct, a customs clearance service intended for Mexican importers, offers a combination of CEVA's less-than-truckload network on the U.S. side and in-bond trucking on the Mexico side. Cargo is moved from any CEVA station up...
  • JOC Truckload Capacity Index Flat at 79.7
    The JOC Truckload Capacity Index remained flat at 79.7 in the first quarter, the lowest reading in the recently revised index's six-year history. JOC Truckload Capacity Index Full-size image That indicates tractor counts at the group of motor carriers tracked by The Journal of Commerce are about 20 percent below their peak at...
  • CMA CGM to Hike Europe-US Rates in July
    CMA CGM will raise rates on its trade from the Mediterranean to the U.S. East Coast, effective July 1. For dry and refrigerated cargo, the increase will be $200 per 20-foot container and $300 per 40-foot container. The container line will also boost rates on its trade from India and Pakistan to...
  • Europe's Ports Prepare for Box Battles
    Fears that Europe is heading for a Japanese-style decade of snail's pace economic growth or even stagnation are hardening into reality as the continent faces another year of recession while the rest of the world is in recovery mode. This is the nightmare scenario facing Europe's major ports as they prepare...
  • Federal Regulators Seek Comment on EOBR Survey
    Federal regulators are preparing an in-depth survey on whether electronic onboard devices used to record truck driver hours of service could be used by motor carriers to harass tired drivers, asking how to prevent potential abuse of the technology. The survey, detailed in the May 28 Federal Register, is the latest...

TradeWindsweb site
MAY 29, 2013
  • Costamare in York JV
    Costamare has teamed up with York Capital Management to pump $500m into a containership joint venture.
  • TOO seizes FPSO
    Teekay Corp (Teekay) is moving forward with the sale of a stake in a floating production, storage and offloading unit (FPSO) to New York-listed offshoot Teekay Offshore Partners.
  • Centrofin tanker scrapped
    Dimitris Procopiou's Centrofin is thought to have scrapped one of its oldest tankers.
  • Tug survivor found
    A ship's cook has been found alive four days after the capsizing of a West African Ventures (WAV) tug off Nigeria on Sunday.
  • Shreyas improves again
    India's Shreyas Shipping & Logistics has bumped up its annual earnings after expanding its fleet.
  • HHI bags Diamond gig
    Korea's Hyundai Heavy Industries (HHI) has added a huge contract for a semi-submersible drilling rig to its fast growing orderbook.
  • Wait over
    Brazil's Petrobras has finally signed off on six four-year supply ship charters worth $298m to owner Ultrapetrol.
  • VL rates rising
    Rising activity in the Arabian Gulf is pushing VLCC rates towards their highest point this year.
  • CSAV loses less
    CSAV has scaled back its first quarter loss in a still tricky container shipping market.
  • Maybulk profit slashed
    Malaysian Bulk Carriers (Maybulk) is predicting a tough year ahead after seeing first quarter earnings chopped by two thirds.
  • State exits Commerzbank
    Commerzbank is on the verge of repaying a pair of state lenders that came to its aid during the global financial crisis.
  • Greeks unveil tax plan
    Greek owners are again looking at the prospect of tax hikes as part of an effort to revive the national economy.
  • 3 Maj keeps cash
    Croatia's 3 Maj shipyard is retaining much of its 2012 profit to cover losses in previous years.
  • Kingfish in new talks
    UK-based Kingfish Trading is in talks with a new shipyard in Brazil after cancelling a deal for 11 MR tankers at OSX Acu.
  • STX PO bounces back
    STX Pan Ocean shares sprang back today amid renewed hope Korea Development Bank is ready to takeover the company.
  • Heavy-lifts for Hongqiang
    China's Jiangsu Hongqiang Marine Heavy Industry has won a deal to build four heavy-lift vessels for an unnamed German owner.
  • Alam triples profit
    Malaysian offshore outfit Alam Maritim has more than tripled its profit after a bumper first quarter in which it secured a flurry of fresh contracts.
  • Aegean seals $800m deal
    Greek bunker tanker owner Aegean Marine Petroleum Network has lined up $800m of loans to expand its business.
  • 'Price was right'
    Maersk Tankers has sold its VLGC fleet to BW Group in a rising market as the price was right, its CEO says.
  • Pratibha suezmax seized
    The government of Goa, India, is to tow a Pratibha Shipping suezmax into port over fears it could break up in the monsoon season.
  • Bergen more upbeat
    Bergen Group is optimistic about the prospects of a turnaround in its fortunes but the company's new CEO still described its first quarter performance as "unsatisfactory and disappointing".
  • SPP confirms AHTS debut
    Tanker specialist SPP Shipbuilding of Korea has confirmed its debut offshore vessel deal.
  • CKS in share issue
    Hong Kong ferry group Chu Kong Shipping (CKS) is to raise nearly HKD 400m ($51.5m) from a convertible warrant deal.
  • Top boss sells stock
    Evangelos Pistiolis has sold a slice of shares in Top Ships and is in discussions to shed some more.
  • Maybulk eyes POSH listing
    Malaysian Bulk Carriers (Maybulk) is eyeing a Singapore Stock Exchange listing for offshore unit PACC Offshore Services Holdings (POSH) by the end of the year or early next year.
  • Six more for Sainty
    Chinese shipbuilding group Sainty Marine is building another six bulkers for long-term charter business.
  • Maersk sells VLGCs
    Maersk Tankers has sold off its VLGC division to fellow shipping heavyweight BW Group.
  • TSA seeks further rate rise
    Member lines of the Transpacific Stablization Agreement (TSA) have announced plans for a 1 July box rate hike.
  • New funds for ULTR
    Nasdaq-listed Ultrapetrol (ULTR) is refreshing its finances with $200m of new notes, as well as a loan from DVB Bank.
  • NADL delays US IPO
    North Atlantic Drilling Ltd (NADL) has again delayed plans to list in the US due to discussions about a potential strategic tie-up.
  • Trio in FSO battle
    Omni Offshore, Teekay and Knutsen are in a three way fight to win a lucrative FSO charter from French oil major Total.
  • SBLK eyes wet and dry
    When Star Bulk Carriers puts cash from an upcoming fundraiser to work in the sale-and-purchase market the Greek operator will probably stick with the sectors it knows best.
  • GLBS defies the odds
    Greek bulker owner Globus Maritime managed to generate a profit in the first three months of 2013 despite a decline 26% decrease in revenue.

American Shipperweb site
MAY 29, 2013
  • CN to speed up track work for frac sand customers
    The Canadian National Railway will accelerate the upgrade of 74 miles of track in Wisconsin to handle growing demand for sand shipments used in hydraulic fracturing of shale formations by oil and gas developers in the Bakken region.
  • VPA commissioners approve restructuring plan
    Key elements of the restructuring include centralizing port operations under the direct oversight of the VPA to align the economic development of the state with port initiatives, and eliminating duplicate levels of management and administrative functions.
  • Wal-Mart fined for improper waste disposal
    Wal-Mart Stores has pleaded guilty to illegally disposing of hazardous materials at its U.S. retail stores and will pay $81 million for its six negligent violations of the Clean Water Act, according to the EPA.
  • CSX train collides with truck outside Baltimore
  • Zim selling interest in container factories
  • CEVA adds new Mexico services
  • CSAV reports smaller loss despite car carrier charge
    This result includes a provision of $40 million that the board of CSAV decided to make to cover possible costs as a result of investigations into breaches of free-competition regulations in the car-carrier shipping business.
  • Law firm files suit against car carrier operators
  • Norbert Dentressangle acquires Fiege operations
  • ICAO signs agreement with Canada
  • Executive moves
  • U.S.-Saudi Arabia sign bilateral air service agreement
  • Transpacific carriers seeking July 1 rate increase

The Bunker Bulletinweb site
MAY 29, 2013
  • India rejects Iran's offer of refinery insurance
    Western sanctions on Iranian crude sales costing country $5 billion per month, insurance offers a bid to boost its crude sales.
  • Dutch shipping firms unite to develop LNG market
    'This collaboration is a leap forward in the realisation of an inland LNG transport corridor and facilitates LNG bunkering.'
  • Chinese imports a boost to global trade
    But container lines will still struggle, says Maersk executive.
  • Prices head up in Fujairah
    Apart from Cape Town's MGO, price rises remain at under $5.00 per metric tonne.
  • Prices move little in Rotterdam
    Prices rising in Mediterranean ports.
  • 'Durban's days of sitting on its laurels are over'
    Walvis Bay expansion, including new bunkering facilities, could pose competition.
  • Players join LNG bunkering project
    Canadian project to identify and address barriers to LNG bunkering.
  • 'Bunker spill' exercise in the Baltic
    Estonia and Finland in cross border response.
  • More changes considered for flagging fuel oil futures contract
    Shanghai Futures Exchange could downsize each unit.
  • Asian bunker prices head higher
    Prices of 380 cSt product traded in tight range.
  • LNG bunkering safety code moves step closer
    New body being set up to promote safe LNG bunkering.
  • Fisheries institute orders fuel-saving vessel design software
    Software will help design 'optimally engineered' vessels to meet the conditions of India's inland and offshore fisheries.
  • 'Preferred supplier' for Wartsila LNGPac fuel system chosen
    Bestobell to supply LNG cryogenic valves for Wartsila LNGPac fuel system.
  • Cyprus sees growth in monthly MGO sales
    Total sales of petroleum products from January to April amounted to 401,472 mt.
  • Bunkering in profit for Sri Lankan group
    John Keells Holdings posts $107 million profit for FY 2013.
  • Agriculture firm renews fleet with 'fuel-efficient' orders
    Ageing fleet to be replaced.
  • Star Bulk net income up in Q1
    Recent equity rights offering to go on fuel efficient vessels.

›››File
FROM THE HOME PAGE
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
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%.
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
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