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Independent journal on economy and transport policy
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BRIEFS
April 1, 2014
Sched Netweb site
  • CMA CGM profit up 22.8pc to US$408 million on asset sale, revenues flat
  • Wan Hai profits up 16pc to US$68.9 million despite 5pc revenue fall
  • Suez Canal traffic suffers 4pc decline in 2013 to 16,516 transits
  • CSCL, Hanjin, Evergreen receive three 8,000-10,000 TEU ships
  • Vinalines calls consultants to advise on IPO and port privatisation
  • Brace for big shipping, logistics upheaval with Crimea crisis: Ti
  • Canadian minister squelches global warmist hopes for Arctic passage
  • Jinan and Heze government cooperate to build rail logistics park
  • Shanghai auto-distribution unit boasts highest daily order processing
  • DHL and UTLC launch China-Europe rail freight forwarding partnership
  • Biggest showing ever at Singapore's Asia Pacific Maritime APM 2014
  • Armed guard firm wins Lloyd's Register ISO/PAS 28007 certification
  • Obama will seek to end tariffs on eco-goods in current trade talks
  • Unitechnik redesigns cold-storage logistics hub in Middle East
  • Two ex-Cargolux execs starting work for Russia's Volga-Dnepr
  • TSA super fussy and costly when acting against cargo security risks
  • Kenya Airways to boost Europe to Nairobi with first 787 Dreamliner

Exim Indiaweb site
MARCH 31, 2014
  • Large vessels making waves on smaller trades
  • MoS considering regulating service provider charges
  • Shipping confidence hits highest level since 2008
  • Thailand bets big on seaborne trade with India
  • JN Port handles over 4.15 m TEUs in 2013-14
  • Ports around the world expected to grow in 2014
  • Forex hedging rules eased for ex-im trade
  • Forex reserves shoot up by $1.83 bn to $297.28 bn
  • Reliance to develop offshore blocks in Myanmar

International Transport Journalweb site
  • EU examining Italy's railfreight market
  • Queensland government searching for railfreight operator
  • Big fish drops off Iata hook
  • CMA CGM reports healthy increase in net profit
  • World Airways ceases operation
  • Promotions at Astag
  • Cooperation on rail route China-Europe
  • Port of New York needs new chairman
  • MOL steers ahead for "solid growth"
  • Cargoline welcomes Sittam as new partner in Italy
  • Saudia Cargo increases UK and US belly capacity
  • New offices in Australia and New Zealand
  • Growth in a troubled market
  • Shipping confidence reaches highest level
  • FedEx Freight opens container freight station in Chicago
  • Stansted's cargo price controls removed

Marine Logweb site
MARCH 31, 2014
  • Oaktree-backed Harkand charters HOS OCV
  • Pirates fire at AMPTC tanker
  • Nigeria detains two maritime security guards
  • More shipowners opt for exhaust gas scrubbers
  • Cigarette demands cause Suez incidents
  • SX 157 award biggest yet for Ulstein D&S
  • Vigor Portland books MSC contract
  • Damen delivers Shoalbuster to MCS

World Wide Shipperweb site
MARCH 31, 2014
  • MarAd announces test results of renewable biofuel for vessel use
  • FESCO adds FESCO NOVIK to fleet of Ice Class vessels
  • Terminal music program expanding at Seattle-Tacoma International Airport
  • Alaska Airlines expanding Sea-Tac Airport flight list
  • Truckload Carriers Association names Shepard Dunn chairman

Lloyd's Listweb site
MARCH 31, 2014
  • Genco gets one more day
    Company reaches waiver agreement with lenders
  • Shagang arrests HNA crude tanker
    Shagang continues to pursue HNA with 'clear message' of second arrest in two weeks
  • Marine environment protection committee meets in London
    IMO member states debate whether to delay Tier III NOx emission rules
  • China Rongsheng admits losing all offshore orders
    Lack of export credit insurance and bank financing puts brakes on lucrative offshore deals
  • Solvang boosts scrubber orders to meet pending sulphur challenge
    Norwegian owner orders more exhaust gas cleaning systems on newbuildings
  • Euronav's Rodgers takes helm at International Tanker Owners Pollution Federation
    Former Maersk Tankers chief Hanne Sørensen steps aside to focus on Damco
  • Transport lender bullish on smaller LPG carriers
    CIT looking for more deals after Epic Gas loan
  • Exmar sees profit boost on disposals
    Turnover down at Saverys gas specialist
  • China Merchants issues $2bn in mandatory convertible securities
    China port player reports net profit up 18.8% in 2013
  • CMA CGM upgrades six newbuildings to 17,700 teu
    French line scales up to match P3 partners Maersk and Mediterranean Shipping Co
  • Chemnav reaches for $115m to help fund six newbuilds
    Move reflects increased attention on chemical tankers
  • Shipowner groups welcome Brussels move on consortia regulations
    Extending the rules would offer legal certainty, say three top associations
  • Boxship sells to Indian breakers for more than $500 per ldt
    Free to read: GMS warns of 'delirious optimism' as volatile market delivers a string of high-priced deals
  • NYK aims to triple net profit and invest $8bn in strategic sectors
    Japanese shipping giant bets on LNG and offshore business
  • CMA CGM cuts debt by 20% as terminals sale boosts net profit to $408m
    Updated: P3 lines prepare for July start date, pending final antitrust clearance
  • Shipping confidence hits a six-year high
    Survey reveals boost from recovering rates and private equity involvement
  • Rising values spark boom in first-quarter tanker sales and purchases
    Experts report nearly $4bn worth of deals as amount of tonnage sold is doubled
  • Ten ships search Indian Ocean for Malaysian Airlines flight MH370
    Australia reports no new progress finding aircraft missing with 239 passengers
  • Wrist Ship Supply posts 25% annual profit growth
    Danish ship supplier cites improved efficiency and expanding shipping and offshore markets
  • MOL seeks to double net profit by pushing into LNG and offshore
    Japanese shipping giant plans to cut exposure to bulkers, tankers and boxships
  • Yang Ming reports $95m net loss
    Poor rates environment blamed for Taiwan line's weaker 2013 operating performance
  • Evergreen Marine posts $49m loss for 2013
    Slip into the red on flat revenue reflects last year's tough rates environment
  • China Rongsheng posts a deeper annual loss of $1.4bn
    Revenues fall 83% on-year, as shipbuilder strikes credit-relief deal with its banks

Fairplayweb site
MARCH 31, 2014
  • Dry bulker prices extend gains
    Values of second-hand dry bulk vessels continued to appreciate across all segments last week despite a softer sentiment on the freight markets, a shipping analyst has noted.
  • Faulty ship's lifeboat led to serious injury
    A ship's engineer on board the Maltese registered bulk carrier Aquarosa was seriously injured when a lifeboat was accidently released during an inspection this month, the Australian Transport Safety Authority reported today.
  • CMA CGM profits up 23%
    Container line operator CMA CGM ran up a $26M deficit in the final quarter of 2013 but still pushed up full year profits 22.8% year on year to $408M.496694.timg
  • Vinashinlines starts bankruptcy proceedings
    Vinashin Ocean Shipping Company (Vinashinlines) has asked to start bankruptcy procedures at the Ha Noi People's Court, Vietnam's official media have reported.
  • Avance seeks $100M in Oslo IPO
    Avance Gas Holding Ltd says it has resolved to launch an IPO and to apply for a listing of its common shares on the Oslo Stock Exchange.
  • Wilh. Wilhelmsen completes bond issue
    Wilh. Wilhelmsen ASA says it has completed an issue of a NK800M ($133M) worth five-year senior unsecured bond with maturity due in April 2019.
  • ABG shipyard debt restructuring agreed
    Lenders of debt-ridden ABG Shipyard have cleared its debt restructuring and given a Rs 21Bn ($350M) lifeline to India's largest private shipbuilder.
  • Indian port hunts for illegal gold and cash
    Port authorities in India are today searching for a consignment of gold and currency thought to have arrived illegally by ship.
  • Troubles over the rainbow for Boskalis
    Dredging in Maldives has been halted after property and vegetation was covered with sediment as a result of 'rainbowing' - the spraying of material from a dredger's bow-mounted nozzle.
  • MOL Group introduces new management plan
    Japan's Mitsui OSK Lines (MOL) announced its new three-year mid-term management plan that will take effect in April 2014.
  • Nam Cheong sells two offshore vessels
    Nam Cheong Limited today reported that it has sold another two vessels worth approximately $43.1M, making it a record sale of seven vessels within the first three months of this year.
  • RSHI losses shoot up in 2013
    China Rongsheng HI (RSHI) today said its losses shot up 1415% year on year to CNY8.7Bn ($1.4Bn) in 2013, due to delayed new vessel buildings and deliveries, as well as surging provisions.

The Journal of Commerceweb site
MARCH 31, 2014
  • Canada, US Rail Proposals Could Lower Prices But Hurt Service
    WASHINGTON - Some U.S. and Canadian railcar shippers could get some pricing relief if efforts in Washington, D.C., and Ottawa to change switching rules take effect. Switching, or transferring loaded railcars from one railroad's track to another's, is what knits together the North American rail system for everything from tank cars...
  • Changing With the Times
    Q: I know you've been writing the Q&A column for about 50 years, and I guess you've been in the transportation industry for longer than that. From what I know of the industry's history, there have been a lot of changes over that time. I'm wondering what you think about all...
  • Lufthansa Cargo Braces for Three-Day Strike
    Lufthansa Cargo's services face severe disruption beginning tomorrow as pilots across the German airline stage a three-day strike. The strike by more than 5,500 pilots, the majority in Lufthansa's passenger division, to protest changes in retirement conditions, is due to run from 10:00 p.m. GMT on April 1 until 9:59 p.m....
  • KKR Backs European Locomotive-Leasing Firm
    KKR, the U.S.-based global investment group, today announced it is supporting a new European locomotive leasing firm to capitalize on the emergence of private companies spurred by rail deregulation across the continent. European Locomotive Leasing (ELL), which is expected to focus mainly the rail freight sector, has signed a contract to...
  • TPM 2014 Sponsored Video: Port of Long Beach
    Al Moro, acting executive director of the Port of Long Beach, discusses growth prospects for 2014, what sets the port apart from competitors, and the port's environmental programs, especially those aimed at shipping lines, as well as steps, such as its capital improvement projects, aimed at meeting new competitive challenges....
  • CMA CGM's Net Profit Soars on Sale of Ports Unit Stake
    CMA CGM's net profit surged almost 23 percent in 2013, driven by the sale of a stake in its ports unit, but the French ocean carrier lost money in a volatile fourth quarter. The world's third-largest carrier booked a consolidated net profit of $408 million against $332 million in 2012, bloated...
  • Truckers Rethinking Rate Expectations: TCP Survey
    According to the calendar, spring began March 20. In terms of truck capacity, however, spring got its start in December or January, according to Richard Mikes. "Capacity is one season out of phase," said Mikes, a partner at financial advisory firm Transport Capital Partners. "This year, the winter season was the...

TradeWindsweb site
MARCH 31, 2014
  • Navios closes notes sale
    Navios Maritime Acquisition has completed the sale of $60m in notes, in part to help fund a recently delivered VLCC newbuilding.
  • Six pack of picks
    Jefferies has picked a sextet of New York-listed shipowners as the most attractive investment targets for the next year or two.
  • Explorer to get upgrade
    Royal Caribbean International has announced an upgrade programme for a 14-year-old cruiseship that will be repositioned to the United Kingdom.
  • Grand China VLCC arrested
    Grand China's 305,000-dwt tanker GC Guangzhou (built 1999) has been arrested in South Korea, in a move almost simultaneous with the release of a capesize bulker previously arrested in Australia -- in both cases by China's Shagang Shipping.
  • Chinese steel stockpiles dip
    Chinese steel stockpiles declined by 2% this week, a sign that could bolster iron ore import demand and the bulker market, according to Commodore Research.
  • Greek crews out again
    Greek seafarers union PNO has called another strike in protest at contract amendments.
  • Harkand adds one
    Oaktree Capital-backed subsea outfit Harkand is boosting its presence in the US with the addition of another Jones Act compliant vessel.
  • Paper proving popular
    Dry cargo FFA trading has reached a post-crash high as rates recover and outside investors play a larger role in shipping, SSY Futures says.
  • Wells tunes SSW forecast
    Wells Fargo Securities has dialed up its profit expectations for Seaspan after the containership owner revealed further details about its newbuilding orderbook.
  • Minoan curbs loss
    Grimaldi-controlled Greek ferry operator Minoan Lines chopped its loss in 2013 thanks to tight cost control.
  • Sainty seals box quartet
    China's Sainty Marine has clinched a deal to build four 2,350-teu containerships for Dutch owner Universal Marine.
  • Yang Ming loss jumps
    Taiwan's Yang Ming has posted a bigger loss for 2013 as expenses outstripped revenue.
  • Icon scraps tanker
    A tanker at the centre of a US oil spill in 2010 has been sent for demolition in Pakistan, brokers say.
  • Wrist earnings stronger
    Denmark's Wrist Ship Supply has increased 2013 profit by 25% as revenue grew.
  • Fesco reverses the red
    Russia's Far Eastern Shipping Company (Fesco) overturned a big loss in 2012 to return to the black last year.
  • Owners clinch Chinese cash
    German owners Peter Dohle and Bernard Schulte have signed finance deals worth $1.2bn with Export-Import Bank of China (China Exim Bank).
  • Fredriksen buys Greek brace
    John Fredriksen's Frontline 2012 is said to have snapped up two resales from a Greek owner in what would mark its first investment in the crude tanker market in more than two years.
  • Holdups hinder Portsmouth plan
    Political holdups could see a lifeline for shipbuilding in Portsmouth transferred to a site in Dubai.
  • CMA CGM soars
    Growing volumes and an asset sale have helped French container line CMA CGM to a bigger profit for 2013.
  • Pac wins newbuild work
    Pacific Radiance has secured a $100m charter contract for the newest addition to its fleet.
  • Solvang VLGC goes long
    Solvang has secured a long term charter for one of its jointly owned VLGCs.
  • MOL sets growth course
    Japanese owner MOL has unveiled a new three-year plan aimed at boosting profit to JPY 110bn ($1.06bn) before 2020.
  • GasLog execs not selling
    GasLog executives are not looking to sell off shares despite an SEC filing clearing the way for a large chunk of stock to be traded.
  • Evergreen a deeper red
    Taiwanese container line Evergreen's loss has increased in 2013 as revenue fell and costs rose.
  • Nakilat eyes more of Maran JV
    Qatari shipping group Nakilat may look to boost its stake in an LNG joint venture with Greek shipowner Maran Gas beyond the current 40% mark.
  • PIL in scrap score
    Pacific International Lines has secured a strong scrap price for one of its handysize boxships.
  • Three missing in smash
    Three crew are missing after a collision that sank their cargoship in thick fog off China.
  • Chu Kong stronger
    Hong Kong ferry and terminals group Chu Kong Shipping Enterprises (CKSE) has posted improved 2013 profit as revenue climbed.
  • Tanker crew evacuated
    A Schulte-managed tanker has suffered a fire while anchored off Spain.
  • Tanker shot at in Hormuz
    A tanker has come under fire in a rate attack in the Strait of Hormuz on Sunday.
  • Rongsheng ends in red
    Rongsheng Heavy Industries Group, China's largest private shipbuilder, posted a second straight annual loss on Monday.
  • Nam Cheong sells OSVs
    Nam Cheong has sold another two offshore support vessels in two separate deals worth $43.1m.
  • Bumi wins Angola gig
    Bumi Armada has secured a letter of intent (LOI) to supply an FPSO for Angola in a deal potentially worth $2.9bn.
  • UK nationals held
    Nigerian authorities have detained two security contractors over allegations of crude oil theft from the West African nation.

American Shipperweb site
MARCH 31, 2014
  • U.S. steel imports rise slightly in February
  • IATA cargo head to retire in June
  • AgTC: Prepare for West Coast port disruption
  • Analysis: 'System of engagement' a new goal for supply chain
    Last week, Greg Johnsen of GT Nexus took part in an EBN live chat about the role networks play in modern supply chains and made a point about the nomenclature that companies use for the systems that bind their enterprises.
  • USITC: Small/midsize U.S. exporters hindered in EU export efforts
    Standards and a variety of other trade barriers in the European Union disproportionately affect the exports of U.S. small and medium-sized enterprises more than those of large firms, according to a new report by the USITC.
  • Chairman of NY/NJ Port Authority resigns
    David Samson, the chairman of the Port Authority of New York and New Jersey, has resigned, effective immediately, said New Jersey Governor Chris Christie on Friday afternoon.
  • Port Vancouver port begins truck strike recovery
    Containers are moving again at a more-normal volume after federal, provincial and port officials agreed four days ago to improve compensation for delivery drivers to end a six-week strike at Port Metro Vancouver.
  • CMA CGM's 2013 profit boosted by terminal sale
  • ZIM shrinks operating loss in 2013
  • BMW to expand auto production in S.C.
  • COSCO reports 2013 profit after selling assets
  • AMI expands in Australia/New Zealand
  • Executive moves
  • Drewry: Air rates continue decline in February

The Bunker Bulletinweb site
MARCH 31, 2014
  • Prices start week mixed across Europe
    IFO prices soft in Istanbul.
  • Prices soft in Fujairah
    Tight avails in Cape Town.
  • Piraeus: Ferry strike called
    Set to last until early Wednesday morning.
  • Security contractors arrested in Nigeria for alleged crude oil theft
    Security firm denies allegations.
  • South Korean refiner buys fuel to use as feedstock
    But regional fuel oil market remains well supplied.
  • Bunker tankers complete maintenance
    Two Lukoil tankers on scheduled maintenance.
  • Full-scale bunker operations four years behind schedule
    Bunker operations 'could begin in Hambantota in April'.
  • DNV GL ups stake in weather data company
    As shares change hands in company.
  • Operators worry less about cost of bunker fuel
    Players less concerned about bunkers in Moore Stephens survey.
  • More scrubber orders for Wartsila
    New business includes option and retrofits.
  • Asian prices show little movement
    Hong Kong players ready for new sulphur regulations.
  • Bunker prices 'changed the economics of ship design'
    High fuel prices condemn ships to early scrapping.
  • DFDS: Scrubber installations on schedule
    Firm will be installing scrubber on its sixth vessel in early April.
  • Number of bunker players set to fall, says executive
    'Only a few of the big names in the industry with deep pockets will remain in service.'
  • Florida-based firm offering biofuel for vessels
    Product is compatible for use in low and medium speed diesel engines, says CEO.
  • Combustion quality spec unlikely to be part of next ISO 8217 revision
    CCAI will probably be kept as indicator of ignition quality despite shortcomings.
  • Titan Petrochemicals issues profit warning
    Troubled group delays result announcement.

›››File
FROM THE HOME PAGE
ZIM also records a recovery in the second quarter
SHIPPING
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
PORTS
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%)
PORTS
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
COMPANIES
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
ACCIDENTS
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
PORTS
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
COMPANIES
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
PORTS
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%)
PORTS
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
PORTS
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
PORTS
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%
PORTS
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%)
SHIPPING
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
SHIPPING
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
SHIPPING
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
PORTS
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
SHIPPING
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
ACCIDENTS
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
SHIPPING
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
SHIPYARDS
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
SHIPPING
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.
CRUISES
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
ACCIDENTS
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
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
ACCIDENTS
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
LOGISTICS
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
SHIPPING
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%)
CRUISES
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%
SHIPPING
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%
SHIPPING
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%
PORTS
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
RAILWAY TRANSPORT
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%)
PORTS
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.
CRUISES
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
SHIPYARDS
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
PORTS
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
SHIPPING
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
CRUISES
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
SHIPPING
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PORTS
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
PORTS
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%.
RAILWAY TRANSPORT
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.
SHIPYARDS
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
SHIPYARDS
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
SHIPYARDS
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.
ACCIDENTS
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
CRUISES
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.
PORTS
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%)
PORTS
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
COMPETITION
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.
FREIGHT TERMINALS
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
INTERMODAL TRANSPORT
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%).
PORTS
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
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.
LEGISLATION
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
ACCIDENTS
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
SHIPPING
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.
PORTS
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
TRANSPORTATION
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
SHIPPING
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
TRANSPORTATION
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.
ACCIDENTS
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
PORTS
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
PORTS
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.
PORTS
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
ACCIDENTS
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
PORTS
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.
PORTS
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
CRUISES
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
PORTS
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
PORTS
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%)
SHIPPING
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%
SHIPPING
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%.
PORTS
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%.
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
PORTS
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
INDUSTRY
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
SHIPPING
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
PORTS
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
SHIPPING
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
COMPANIES
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%)
MOURNING
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
PORTS
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
PORTS
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
PORTS
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
COMPANIES
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
PORTS
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%
PORTS
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%
LOGISTICS
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
LOGISTICS
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.
SHIPPING
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
PORTS
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
SHIPPING
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.
SHIPPING
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
ACCIDENTS
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
PORTS
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
PORTS
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%)
INTERMODAL TRANSPORT
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.
PORTS
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
ACCIDENTS
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
SHIPPING
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
COMPANIES
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
PORTS
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
PORTS
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
PORTS
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
EDUCATION
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
INTERMODAL TRANSPORT
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
TRANSPORTATION
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
ACCIDENTS
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"
INFRASTRUCTURE
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
LOGISTICS
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
LOGISTICS
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
PORTS
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
COMPANIES
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
PORTS
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
PORTS
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
INDUSTRY
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
PORTS
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.
LOGISTICS
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
ASSOCIATIONS
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
PORTS
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
FREIGHT TERMINALS
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
INDUSTRY
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
OFFSHORE
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
LOGISTICS
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.
ASSOCIATIONS
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
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
MEETINGS
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
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
SHIPPING
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
EDUCATION
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.
NEWS
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.
INDUSTRY
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
SHIPPING
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
ACCIDENTS
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
ACCIDENTS
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
SHIPPING
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.
INTERMODAL TRANSPORT
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
PORTS
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
CRUISES
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%
PORTS
Western Liguria Port Authority approves 2026 budget update
Genoa
PORTS
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
INDUSTRY
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
PORTS
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
PORTS
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%
SEAFARERS
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
PORTS
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
PORTS
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
PORTS
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%)
PORTS
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
PORTS
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
RAILWAY TRANSPORT
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.
PORTS
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
PORTS
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%)
SHIPYARDS
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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