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Independent journal on economy and transport policy
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BRIEFS
March 3, 2014
Sched Netweb site
  • OOCL hikes southeast Asia-Australia rate US$200/TEU from April 1
  • MOL offers two intra-Asia Qingdao-Manila/Bangkok services with RCL
  • Hutchison Port Holdings profit off 4pc to US$953 million, revenues up 4pc
  • Work to resume 'normal pace' on locks under 'conceptual' Panama pact
  • CSAV stung by US$8.9 million US fine for rigging ro-ro rates
  • Evergreen looks to new ways to develop wider role in new CKYHE
  • Fujian Customs and quarantine sector tie up to enhance efficiency
  • Alashankou's January trade cargo falls 10.1pc to 2.28 million tonnes
  • Felixstowe port adds US$2.50 charge on truck calls from noon to 5pm
  • Philippines Supreme Court backs company in seafarer disability case
  • Goodman leases 54,880 square metres for new Alibaba DC in Suzhou
  • Maritime insurers UK P&I Club sees business increase in 2014 renewals
  • China's 2013 air cargo and mail rises 2.4pc 5.06 million tonnes
  • DHL and Etihad Cargo increase connectivity through the Middle East
  • Emirates to create cargo corridor between 2 airports and Dubai port

Exim Indiaweb site
APRIL 28, 2014
  • Agreement reached to increase ILO minimum wage for the able seafarer
  • ICS Chairman praises IMO efficiency at World Ocean Summit
  • MOL signs deal to build, charter new LNG carrier
  • NYK report receives Special Achievement Award at 2013 Nikkei Annual Report Awards
  • SAL, Sai Maritime load reactors in record time at Mumbai Port
  • SCI's Annual Worldwide Agents Meet 2014 from today
  • Cotton exports likely to reach 10 m bales this year
  • Essar imports more crude, while RIL cuts inward shipment
  • Exports of wheat, rice & corn may drop by 29 pc in 2014-15: USDA
  • Import - Export Code (iec) number explained
  • Imports of natural rubber up during Apr.-Jan. 2013-14
  • India emerges largest shrimp exporter to US
  • MSME Ministry seeks tax relief in FTP to boost exports
  • Textile exports may fall short of target
  • Bhushan Patil elected JNPT Labour Trustee for eighth consecutive time
  • N. N. Kumar appointed Chairman of JN Port
  • Fag-end rally helps rupee close firm at 61.80
  • Forex reserves drop by $ 383.7 m to $ 293.40 bn
  • Govt clears projects worth Rs 16k crore
  • Lanco Infratech bags INR 3,960 cr. order from TN
  • NTPC to increase its presence in MP
  • Shashi Kiran Shetty bestowed with 'Business Leader of the Year' award

International Transport Journalweb site
  • Fleet integration programme for grain shippers
  • DNV GL opens Asia Pacific HQ in Singapore
  • Two engineering awards for CSX tunnel project
  • Gulf Air returns to Teheran today
  • WCI dropping further
  • Victron Energy opens new warehouse in Spain
  • UNIFE welcomes work on fourth railway package
  • Avianca returning to London
  • Stena expanding on Irish-French route
  • K Line launches new Jaseco services
  • UK: Freight Movement in Wales expands fleet
  • Operations start at new Deichmann distribution centre
  • Mit der Schiene auf gutem Kurs
  • JAL further reduces fuel cargo surcharge

World Wide Shipperweb site
APRIL 28, 2014
  • Trucking group disrupting Port Metro Vancouver operations
  • Washington Ecology Department praises Port of Vancouver cleanup effort
  • U.S. rail freight traffic climbs during week
  • Port of Port Angeles seeking advisory committee applicants
  • Panama Canal Authority reaches deal for expansion work

Lloyd's Listweb site
APRIL 28, 2014
  • Quijano confirms three-month delay to enlarged Panama Canal
    Waterway pushes back commercial transit start date to the first quarter of 2016
  • GasLog seeks secondhand tonnage as energy firms divest and small players fold
    Company braced for LNG consolidation on posting strong annual results
  • Company results round-up
    Free to read: Keep up to date during the earnings season with our daily summary of financial reports
  • Höegh LNG slides into the red
    Weakening liquefied natural gas shipping market claims another casualty
  • BW LPG exercise options for two VLGCs
    Gas shipping company eyes growth in shipping US propane and butane
  • Golar bearish about short-term LNG shipping prospects
    Fredriksen gas carrier pulls no punches as its income slides
  • Eitzen Chemical hits a high as losses shrink
    Owner expects further improvements in chemtanker market
  • Scorpio Bulkers nets a new loan for four newbuildings
    Lauro-led outfit also announces new charter-in agreements
  • Busan offers discounts to green ships
    South Korean port adopts Environmental Ship Index as benchmark
  • See-saw ride for capesizes
    Rates have come up strongly, but should stay within today's range throughout the week
  • Eimskip pushes back newbuildings' delivery a second time
    Icelandic carrier says delay will not affect services as it posts operating profits down 9%
  • Asia-Europe rates slide again
    Prices slip by more than $100 week on week
  • Turkish ship recycler moves closer to European approval
    ISO certification positions Aliaga to meet Brussels' stricter standards
  • Tokyo Gas-backed orders signal Japanese rush to buy US LNG
    MOL and NYK book new tonnage at Japan Marine United
  • Pile them high
    As boxships get bigger, owners must rethink the way they stack cargo on board
  • Maersk Tankers seeks a way out
    Product segment has promise but can AP Moller-Maersk arm fulfil its potential?
  • Top five most-read stories
    Free to read: Friday February 27
  • Hutchison Port Holdings reports a 4% drop in annual operating profits
    Higher depreciation costs weigh down on earnings
  • Oldendorff reveals 68 firm newbuilding orders
    Dry bulk operator expects up to 80 vessels to join its fleet in the next four years
  • DFDS benefits from recovery in northern Europe
    Ferry and ro-ro operator posts a $64m pre-tax operating profit for 2013
  • Panama Canal work 'to regain normal pace'
    Canal authority and contractors table a conceptual agreement to finish the third locks
  • The Week on Wall Street | February 28
    Free to read: the first OSG lender legal challenge, Matson Shipping, Diamond S and overordering in the tanker market
  • CSAV pleads guilty to US price-fixing charge and agrees to pay $8.9m
    Chilean line is the target for the first charges filed by antitrust agency in shipping probe
  • CSAV shareholders to vote on Hapag-Lloyd merger
    Extraordinary shareholders' meeting scheduled for March 21

Fairplayweb site
APRIL 28, 2014
  • NSB considers conversions
    NSB Niederelbe Schiffahrts - one of Germany's biggest charter container shipowners - is plotting a major ship conversion scheme in a bid to escape the slump in period rates for Panamax boxships.
  • Woodside signs LNG deal with Korea Gas Corp
    Korea Gas Corp (KOGAS) will buy 2.2M tonnes of LNG from Australia's Woodside over the next three years, Woodside announced today.
  • Danish Ship Finance impairment losses narrow
    Danish Ship Finance (DSF), the privately owned Copenhagen-based shipping bank, has reported a sharp narrowing of loan impairment charges and subsequently a significant increase in net profit.
  • MacGregor buys Deep Water Solutions
    Finnish onshore, offshore, and maritime load handling equipment maker Cargotec has announced that its MacGregor business unit has bought Deep Water Solutions (DWS) of Kristiansand, Norway, for an undisclosed sum.
  • Hoegh LNG dives to 2013 loss
    Hoegh LNG has reported a loss for both the final quarter of 2013 and the full year, and has warned that the sector is likely to face several challenging years because of excess capacity.
  • Box rates spiralling down
    Freight rates for container liftings ex Far East continued to drop fast this week ahead ahead of renewed rate restoration attempts by liner operators.1083671.timg
  • Panama Canal compromise reached
    A deal has been reached to complete the Panama Canal's third set of locks, although the debut of commercial operations will be delayed until spring 2016.1482282.timg
  • Speeding caused VLCC to crash into pipeline
    The Korea Coast Guard has announced that a Singapore-flagged VLCC was going too fast when it came into contact with GS Caltex's three pipelines in Yeosu last month.
  • STX O&S in further debt-to-equity swap
    Beleaguered South Korean shipbuilder STX Offshore & Shipbuilding will issue 756.5M new shares to its creditors in a further debt-to-equity swap.

The Journal of Commerceweb site
APRIL 28, 2014
  • SCFI Asia-Europe Rates Showing 'Rapid Decay'
    Shanghai Containerized Freight Index, North Europe, week ending Feb. 28, 2014. Full-size image Spot container freight rates from Shanghai to northern European and Mediterranean ports fell about $120 per TEU in the week of Feb. 28, continuing a downward trend that started in the second week of January and marking the lowest...
  • JOC Truckload Capacity Index Drops to New Low
    The JOC Truckload Capacity Index dropped to 79.8 in the fourth quarter - its lowest reading yet - as several large truckload fleets continued to reduce their tractor count in late 2013. The index fell after climbing in the previous two quarters from 79.9 to 81.9. The index, based on actual...
  • CSAV Pleads Guilty to Ro-Ro Price-Fixing Conspiracy
    CSAV has agreed to plead guilty and pay a criminal fine of $8.9 million for its involvement in a conspiracy to fix prices, allocate customers and rig bids of international shipping services for roll-on, roll-off cargo, to and from the U.S. and elsewhere, according to the U.S. Department of Justice. The...
  • Panama Canal Locks Delayed Again Under New Contractor Pact
    The deadline for completing the $5.25 billion Panama Canal's expansion project has been postponed by another three months, to early 2016, under a tentative refinancing agreement between the Panama Canal Authority and the engineering consortium that is building the new locks. The verbal refinancing agreement, which contracting consortium Grupo Unidos por...
  • Vancouver Unionized Truckers to Hold Strike Vote March 1
    Port Metro VancouverUnifor-Vancouver Container Truckers' Association says it will hold a strike vote on March 1 that could result in its members joining hundreds of other truckers who walked off the job at Port Metro Vancouver on Feb. 26. Members of Unifor-VCTA, which is British Columbia's largest union representing container truckers,...
  • Storms Drive US Spot Truckload Rates Higher
    U.S. spot market truckload rates remain unseasonably high, propped up by a combination of higher demand and supply chain disruptions caused by continuing severe winter weather in parts of the country. The DAT average national dry van spot market rate rose to a new peak of $1.98 per mile in...
  • Airports Boosting Investment in the Cold Chain
    On a recent day in mid-December, two 747 freighters flew into MidAmerica St. Louis Airport loaded with 250,000 pounds of Chilean blueberries. Just days later, another 160,000 pounds of the fruit landed at the airport. For MidAmerica, which has ambitions of becoming an air cargo hub for perishables, it was the...
  • Ocean Carrier Rate Revision Roundup for Feb. 28
    Multiple container lines hope to increase rates in a variety of trade lanes from March through June, although any hikes achieved could be fleeting, as overcapacity continues to negatively impact carriers' control of pricing. JOC's TPM 2014 conference, which kicks off on March 2, will feature discussions of volatility in the...
  • New Rail Services Give Perishables Shippers Options
    New and expanding refrigerated rail services are delivering new options for smaller food shippers who soon could be left out in the cold by western railroads as thousands of 50-year-old mechanical boxcars are retired in the coming years. "Over the next decade or so, there is a real wall coming up...
  • With ILWU Talks About to Heat Up, Shippers Weigh Options
    Li & Fung Logistics isn't waiting for the worst-case scenario. The logistics division of Hong Kong-based sourcing giant Li & Fung - and other cargo owners like it who ship through the U.S. West Coast - will be watching closely over the next four months as the International Longshore and...
  • Q&A: By Whom the Bill Is Paid
    Q: I hope you can provide me with some guidance on this. A carrier has these rules. They do not recognize Section 7 on any bill of lading as stated in the rules tariff. I have encountered situations described in B and C quite a few times, but A not so...
  • Nehru Port OKs PSA's Bid for Fourth Container Terminal
    Global port-terminal operator PSA International has been selected to build and operate the long-delayed fourth container terminal at Jawaharlal Nehru Port, India's largest container hub, through a public-private partnership development scheme. "The board of trustees at a meeting on Feb. 26 approved PSA's bid and agreed to issue a formal letter...
  • Massive Container Terminal Considered for Malaysia's Port Klang
    A planned new container facility at Port Klang will offer 30 million TEUs of extra capacity, according to government ministers. A new port of such size would significantly up the competitive ante against rival operators at Tanjung Pelepas, Maersk's South East Asia hub, and PSA's vast terminal complex at Singapore, as...

TradeWindsweb site
APRIL 28, 2014
  • Golar seeks refinancing
    Golar LNG Partners said it is in talks to refinance an $84.5m loan backed by an eight-year-old LNG carrier.
  • Golar beats estimates
    Golar LNG has reported a group-wide decline in operating income, although both of its New York-listed companies beat analyst expectations.
  • Rescue called off
    The US Coast Guard has called off the search for a missing solo mariner after a tanker and pure car carrier diverted to help the rescue efforts.
  • Olympic fixes newbuilds
    Olympic Shipping has picked up contracts for a pair of subsea support newbuildings.
  • FRNT's cape IPO carrot
    Frontline 2012's long anticipated initial public offering (IPO) for its capesize fleet has added another carrot for investors in John Fredriksen's flagship company, analysts say.
  • Arison to pocket $400m
    Micky Arison stands to pocket around $400m from the sale of slice of cruiseship owner Carnival Corporation.
  • Klaveness profit triples
    Torvald Klaveness tripled its earnings in 2013 as it cut operating costs despite a bigger fleet.
  • FSL gets breathing room
    First Ship Lease (FSL) has reached a agreement with lenders to relax loan covenants until the end of the year.
  • Crews win pay rise
    Shipping companies and the ITF union have agreed a pay hike for crews worth 4.95% by 2016.
  • Flex pressing ahead
    Flex LNG is biding its time on a potential merger or asset sales as it focuses on finding finance and charters for its Samsung newbuildings.
  • SALT bulks up
    Scorpio Bulkers has moved quickly to add to its fleet of chartered in vessels and tied up financing for four newbuildings under construction.
  • Ardmore ups the ante
    Ardmore Shipping has increased its proposed share sale as it revealed it is on the hunt for resales and modern second-hand products tankers.
  • Diamond Geezer
    TradeWinds digests the digits making the headlines this week.
  • Suitcase financing
    We take a look at what was said in the market over the past week.
  • Eitzen Chem keen to buy
    Norway's Eitzen Chemical is still trying to find new cash streams to built its business, but recent debt sales have "created a new dynamic" in the process, it said.
  • GasLog in strong finish
    GasLog has reported a strong set of fourth quarter results which came in clear of Wall Street forecasts.
  • Tallink raises its sights
    Baltic ro-pax group Tallink has seen annual earnings fall, but an improved fourth quarter result has left it positive for 2014.
  • Wisdom adds two more
    Taiwan's Wisdom Marine has increased its big orderbook in Japan with two more 81,700-dwt bulkers.
  • DFDS launches buy-back
    Danish shipowner DFDS is rewarding investors through a buy-back scheme worth DKK 200m ($40.67m).
  • DFDS does better
    Danish ro-ro owner DFDS is still looking to make acquisitions after posting better profit for 2013.
  • Subsea 7 in $75m win
    Norway's Subsea 7 has won a $75m subsea contract with oil heavyweight ExxonMobil in Canada.
  • Sales hurt NOCC
    Norwegian Car Carriers (NOCC) fell to a deeper loss in the final quarter after scrapping two vessels.
  • PB to slow record growth
    Pacific Basin Shipping plans to slow down its record expansion pace in the face of rising asset prices and the filing up of shipyard slots in Japan.
  • CSAV slashes loss
    A tax gain has helped Chilean container line CSAV cut a large chunk from its annual loss.
  • Latvian loses less
    Products tanker owner Latvian Shipping Co (LSC) has cut its annual loss after a profitable second half.
  • JMU seals LNG double
    Shipbuilder Japan Marine United Corp (JMU) has secured orders for two LNG carrier newbuildings from domestic shipowners.
  • Hoegh LNG misses mark
    Hoegh LNG sank deeper into the red than predicted in the fourth quarter.
  • CSAV admits price-fixing
    Chile's CSAV has pleaded guilty to price-fixing in the US.
  • Top-up for CSCL
    Chinese container line CSCL has lined up a new loan worth $57m with Pingan Bank.
  • Jinhui slams private equity
    Jinhui Shipping & Transportation is the latest shipowner to argue that private equity is harming the recovery in the dry bulk sector.
  • Seaspan wins BC order
    Canada's BC Ferries is ordering a new cable ferry at Vancouver's Seaspan yard.
  • Jinhui slips to a loss
    Jinhui Shipping & Transportation has ended the year on a downer with a loss in the fourth quarter due to vessel write-downs.
  • Alam Maritime suffers
    Malaysia's Alam Maritim Resources has reported a near five-fold drop in FY 2013 fourth quarter profits.
  • Oldendorff comes clean
    Oldendorff has revealed comprehensive details of its huge newbuild programme which spans yards in China, Japan and South Korea.

American Shipperweb site
APRIL 28, 2014
  • Breakthrough reached on Panama Canal contract impass
    The Panama Canal Authority and the international consortium building the new locks for an expanded Canal announced Friday that they had reached a tentative agreement on a framework for completing the project.
  • COSCO to raise cargo rates by $1,000 in 11 weeks
    COSCO announced sharp rate increases for all cargo from the Far East to Red Sea and Persian Gulf trade over 11 weeks, adding a total of $2,000 to existing rates across two lanes.
  • Oregon's governor orders study at Port of Portland
  • Cargo weighs down IAG in 2013
    IAG Cargo, the amalgamation of the cargo divisions at British Airways and Iberia, experienced a 7-percent drop in volume between 2012 and 2013, seeing activity decline to 5,653 million cargo-ton kilometers last year.
  • Kalitta Air helps launch NY-Amsterdam service
  • Weekly GRI Roundup
  • Jaenichen says marine highway program should expand focus
    DOT should explore expanding the Marine Highway concept beyond barge services for containers to other kinds of cargo normally carried by truck or rail, Acting Maritime Administrator Paul Jaenichen said.
  • CSAV shareholders to vote on Hapag-Lloyd merger
  • Japan 24-hour rule set to begin
    The Advance Filing Rule is similar to the U.S. 24-hour rule in timing, but requires more detailed information about the cargo itself and the parties involved in the transaction.
  • U.S. 4Q GDP revised down to 2.4%
  • Corn shippers warned to avoid co-mingling

The Bunker Bulletinweb site
APRIL 28, 2014
  • Fuel prices fall in the Americas
    Tight low sulphur avails reported in the US Gulf and along the US East Coast.
  • Weekly Global Market Report
    A weekly price roundup from bunkering hubs around the world.
  • DFDS may shut down 'unprofitable' routes due to high fuel costs
    Large-scale analysis of route network underway in light of upcoming 'costly' eco regulations.
  • Groups to sign preliminary deal to end Panama Canal dispute
    ACP and GUPC to give $100 million each for 'immediate cash flow needs' to fully resume expansion work.
  • DNV GL and Singapore join forces on research
    Areas to be addressed include LNG risk assessment, energy saving and emission reduction technology.
  • Lack of price direction as week ends
    Bunker prices were soft in Istanbul.
  • Prices soft in Fujairah
    Bunker prices climb in Suez.
  • Box shipping company to dump fuel-guzzling ships
    Capacity to be replaced with more fuel-efficient tonnage.
  • Singapore fuel oil stocks fall
    But February average unchanged from January.
  • Hong Kong bunker player shrugs off share price fluctuations
    Share value dipped 20% on Monday.
  • Asian prices soften to end week
    Good avails reported across key trading hubs.
  • Opportunity for bonded bunkering at Georgia
    No bunker tanker supply available since early last year.
  • Titan delays 2013 annual results
    Extra time needed to finalise results as two directors left the board, group says.
  • Sinopec sale to include Hong Kong marine fuels business
    Firm plans to sell up to 30% of its retail oil business to private investors.
  • Reports: Greek port planning LNG bunkering facility
    Qatari company linked to development.

›››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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