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