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Independent journal on economy and transport policy
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BRIEFS
June 6, 2014
Sched Netweb site
JUNE 5, 2014
  • China-wide 4-month cargo volume up 7.4pc, but growth 1.5pc slower
  • China manufacturing hits five-month high, targeted stimulus cited
  • APMT to add 11 hectares to 13 it has at Aqaba Container Terminal
  • Russia's Transcontainer quarterly profit up 18pc to US$37 million
  • Yangzijiang Shipbuilding rejects charges of illegal stock manipulation
  • Jilin to spend US$21.7 million on Tumen River bridge to North Korea
  • Chile box terminal buys 3 Liebherr ship-to-shore container cranes
  • Amazon warehouses in Germany to be hit by logistics worker strikes
  • Company security officers form online alliance to tackle maritime crime
  • 70-ton rig, 40-ton power unit moved from Southampton to Mundra
  • MOL wins Japan Society of Naval Architects & Ocean Engineers award
  • Pakistani forwarders set up database to track and trace defaulters
  • Georgia's United Airports to host Routes Silk Road forum in Tbilisi
  • Volga-Dnepr launches 1st satellite flight for Saudi Arabia science

Exim Indiaweb site
JUNE 5, 2014
  • AMTOI President calls on Shipping Minister
  • Express Global Logistics skillfully executes cement mill project movement to Spain
  • Liner schedule reliability continues to improve, but still significantly below last year's performance
  • Pathways to a better future for shipping highlighted
  • Farm exports decline on lower guar gum, wheat shipments
  • JNPT wins team event at veterans badminton tournament
  • PPT registers 20.25 pc growth in cargo handling to a record high
  • Successful first year for corporatised Port of Amsterdam
  • Eco-body wants single-window for green clearances
  • Industry awaits new Minister's decision on raw sugar export subsidy
  • INR edges up further against dollar
  • US puts on hold Iran oil sanctions for six months

International Transport Journalweb site
JUNE 5, 2014
  • Gysev Cargo and Trade Trans establish blocktrain operator
  • Thai starts new cargo service, paints B787
  • Florida East Coast Railway opening new ICTF in July
  • Middle East emerges as global logistics hub
  • Hoyer expands tank container fleet
  • Air Calédonie resumes Melbourne service
  • Rickmers changes senior management in America
  • JF Hillebrand receives prestigious award
  • GSF stresses importance of P3 monitoring
  • Suttons celebrates 60th anniversary
  • Boliviana begins Miami service
  • New PSA terminal in Lianyungang now open

Marine Logweb site
JUNE 5, 2014
  • BAE San Francisco wins $10.3 million MSC contract
  • Vigor Fab delivers first Olympic Class ferry to WSF
  • KfW Ipex-Bank finances second Star Cruises newbuild
  • MHI-MME books more orders for advanced turbocharger
  • GAO rejects protests of patrol cutter awards
  • Tejs Beltov joins DNVPS as COO for Europe
  • Metal Shark wins Entrepreunerial Excellence Award
  • Project eyes design for LNG fueled mega containership

World Wide Shipperweb site
JUNE 5, 2014
  • Public has opportunity to meet Washington State Ferries candidates
  • Commerce Department data shows increase in U.S. exports for March
  • FMC provides advisory regarding congestion charge
  • Port of Vancouver, USA testimony doesn't sway crude oil facility vote
  • Ardmore Shipping adding green product/chemical tanker

Lloyd's Listweb site
JUNE 5, 2014
  • Total signs 10-year deal to supply LNG to Singapore
    Slew of sales agreements masks the shipping segment's underlying troubles shipping
  • Shipping employers agree three-year pay deal
    Agreement signed in Indonesia will increase salaries by more than 6% by 2017
  • Box lines improve their on-time performance for a second month
    But SeaIntel says carriers are still less reliable than they were last year
  • Espo: Weigh boxes? Yes, but not on our patch
    European port organisation agrees with the idea in principle - but not in the terminal
  • US ethane export plans pose more questions than answers
    Start-up trade needs specialist terminals, new carrier types and clarity on import demand
  • US energy officials explore crude-export prospects
    Energy Information Administration wants more clarity on opportunities and challenges
  • Poulson to head project and heavylift specialist Rickmers-Linie America
    Sappio steps down next month but retains a place on the board
  • Posidonia 2014: Charter owners to retain importance to carriers, says owner
    Pittas advocates 'cheap' secondhand boxship acquisitions rather than orders
  • AP Moller-Maersk agrees a $5.1bn credit facility
    Deal with 21 banks is designed to reduce the Danish shipping giant's financing costs
  • Hamburg awaits dredging decision
    The leading German port has started the year strongly but congestion problems have highlighted the need to dredge the River Elbe
  • Oil and gas transport needs $3.6trn of investment to 2035, says IEA
    Sums outlined in new study include spend on infrastructure and tonnage

Sea-webweb site
JUNE 5, 2014
  • Ports warned about insider crime
    Delegates at SMi's International Port Security Conference in London have been urged to establish strong staff vetting systems in order to discourage insider crime. Martin Dubbey, managing director of Dextera Global, said: "In my experience there is a core of criminality that influences all ports
  • DFDS raises $91.1M in five-year bond issue
    DFDS, the listed Copenhagen-based shipping to logistics group, says it has issued a five-year DK500M ($91.1M) senior unsecured bond maturing in June 2019. "The bond has been sold to a wide range of primarily Danish institutional investors," the company said in a statement. The bond, which will be
  • Sewol owner's aides arrested
    Two men identified by authorities as aides to the fugitive owner of capsized ferry Sewol have been provisionally arrested, according to South Korea's Incheon District Prosecutors' Office (IDPO). The IDPO said Incheon police arrested Kwon Oh Kyun, brother-in-law of Yoo Byung Eun, who is the chairman
  • Wärtsilä launches fixed-pitch propeller design
    A new state-of-the-art fixed-pitch propeller (FPP) design concept has been introduced by Wärtsilä. Shipowners can consider the design as a means to implement fuel-saving strategies in the face of rising oil prices and tougher demands from regulators to slash emissions. Deploying the latest
  • APM and 21 banks in revolving credit scheme
    AP Møller-Mærsk (APM), the Danish shipping to energy group, says it has completed a $5.1Bn syndicated revolving credit facility with a group of 21 banks. "The new facility is arranged by the company itself and refinances a $6.75bn facility maturing in 2015," the company said in a statement. APM said
  • CMA CGM Group reports 40% cut in emissions
    The CMA CGM Group has achieved a 40% reduction in its vessels' CO2/teu-km emissions since 2005, signalling that the world's third largest container shipping company is on track to hit its target of kerbing them by 50% by the end of 2015. CMA said it has deployed several initiatives to meet
  • More kidnappings expected in west Africa
    The kidnapping of maritime personnel in west Africa is a rising trend, which experts expect to continue. "During 2011 to 2013 [the number of] kidnappings rose, and we foresee that this trend will continue - we will see more kidnappings in the future," said Hallvard Flasland of the NATO Shipping
  • China vessel exports down 15% y/y
    China's vessel exports fell 15% year on year to $7.9Bn in the first four months in 2014 due to low levels of completed tonnage of shipyards, with imports down 35% y/y to $520M during the same period. Bulk carriers, oil tankers and container ships accounted for more than 60% of all export values of
  • Analysts divided over Vard's outlook
    Singapore-listed Vard Holdings (Vard) has just clinched a new order from Rem Offshore worth around NOK800M ($133.3M), making it the 13th newbuild contract since the year started. So far, the company has been awarded contracts worth approximately NOK8.5Bn. DBS Vickers Research analyst Yeo Kee Yan
  • Zero earnings for VLCC owners
    VLCC owners are giving away voyages for free as freight rates plummet into negative territory on the benchmark route. The Baltic Dirty Tanker Index assessed the Arabian Gulf (AG)-Far East rate at Worldscale (W) 33.08 yesterday or a negative $1,477/day, while AG-Singapore rates averaged W33.42 or
  • Good marketing positioning vital for investment
    Good marketing positioning and a strong balance sheet are the key factors to good investment, according to Carey Wong, research manager at OCBC investment Research. Wong noted that the trend of increasing protectionism from the oil companies may hinder growth in the short term. On the other hand,
  • Indonesian coal exports to China hit 20-month low
    Indonesian coal shipments to China fell to a 20-month low in April as falling prices of Chinese domestic coal hurt the country's appetite for imports. China imported 4.6M tonnes of Indonesian coal in April, 24% lower than in March. The imports were also 36% lower year on year. The all-time low was
  • Australian port privatisation goes to the vote
    The Queensland government announced yesterday it would seek a mandate at the polls next year for the proposed sale of its ports. Its AUD33.6Bn ($31.2Bn) privatisation plan includes the long-term lease of both Townsville and Gladstone ports. The sale would help offset the state's AUD1.6Bn deficit
  • Capesize fleet totals just two additions in May
    Net growth in the Capesize fleet totalled only two ships in May as six ships were delivered while another four vessels were demolished. IHS Maritime's Sea-web data show that in May, 1984-built Ji Sheng, 1990-built Phyllis N and 1989-built Macau Mineral and Magdalene were demolished. The delivered
  • China urges Vietnam to withdraw ships
    China urged Vietnam on Tuesday to immediately withdraw its vessels and people in the South China Sea as clashes between Chinese and Vietnamese vessels around an oil rig continue. The collisions started in early May. Vietnam dispatched 36 vessels, ramming Chinese vessels up to 171 times, according to
  • Sinotrans sells $162M bonds
    Hong Kong-listed Sinotrans Limited said today that it had decided to raise CNY1Bn ($162M) by selling bonds on the Hong Kong Stock Exchange. The bonds, scheduled to be due in 2017, will carry a coupon of 4.5%, a stock filing of the company said. The bonds are expected to be issued on or before 10
  • Andamans sighting adds new angle to MH370 search
    The Australian Transport Safety Bureau says it will "review" a British yachtswoman's report of an aircraft on fire over the Andaman Sea on 8 March. The time and location of the claimed sighting broadly coincide with the estimated track of Malaysia Airlines flight MH370, which was lost the same day.
  • Wake study reveals port dangers
    Wash generated by the wake from passing ships can compromise port safety and damage the environment, a study has confirmed. The results of the Bechtel-led project, Research on the Passing Effects on Ships (ROPES), were unveiled at the World Association for Waterborne Transport Infrastructure World
  • DNV GL to open Greek support centre
    Class giant DNV GL will provide a direct line of contact to technical experts through a new office in Piraeus, Greece. "Over the last few years, Greek owners have emerged from the financial crisis in a much stronger position than ever before, again owning the world's largest merchant fleet and
  • Greece vows to maintain shipping focus
    Greece's government will support both existing and new shipping companies, shipping minister Miltiades Varvitsiotis told delegates at Posidonia 2014. "We want to maintain the competitiveness within the Greek shipping market," said Varvitsioitis. "Greece will always be a proud shipping nation." "Two

The Journal of Commerceweb site
JUNE 5, 2014
  • Cass: Solid growth in freight volumes, expenditures in May
    Freight volumes and shipping costs rose yet again in May, according to the Cass Freight Index, the fifth straight month of unprecedented growth in the index. The Cass Freight Expenditures Index and the Cass Shipments Index continued to trend upward in May. Full-size image "North American freight shipments and expenditures continued to buck...
  • Bike supplier chooses Savannah as gateway
    The good news keeps rolling in for a fast-growing U.S. East Coast port: Savannah was picked as the gateway location for Dynacraft Bikes, one of the largest U.S. bike suppliers. Dynacraft products - including bike and scooter brands such as the Tony Hawk Park Series, Hello Kitty, My Little Pony, Monster...
  • Bid to suspend truck driver restart rule advances in Senate
    WASHINGTON - The U.S. trucking industry today scored a rare victory against new federal hours of service rules after a Senate committee voted to suspend the revised restart provision - the most onerous part of new regulation - for a year. The amendment, introduced by Sen. Susan Collins, R-Maine, would suspend...
  • Age-old problem: Not all trucks are equal
    ACT Research sees an increase in active truck capacity this year, in terms of the numbers of Class 8 tractors, the first since 2007. By any measure, truck capacity is down significantly from its pre-recession peak, so the forecast is good news for shippers. It's not much of an increase, just...
  • China's express market boom drives airline expansion
    Air China Cargo and China Postal Airlines have strengthened their strategic partnership with the launch of a new service between Guangzhou and Nanjing as the carriers move to capture a growing share of the fast expanding mainland express market. A Boeing 757-200 freighter operated by Air China Cargo took off from...
  • Time to toughen up US ports
    Contract negotiations between the International Longshore and Warehouse Union and U.S. West Coast waterfront employers are shining a light on the integrity of the U.S. ports system. If talks break down, import and export cargo flows will be at risk. One critical element missing from the debate is how to...
  • Qatar Airways, Saudia Cargo expanding freighter services
    Two Arab Gulf air cargo carriers are expanding freighter services, underscoring the strength of the region's carriers in a weak global air freight market. Qatar Airways will make its debut in the Latin American market next week with a service to Mexico. A few days later, Saudia Cargo will revive...
  • Maersk completes $5.1 billion refinancing
    Maersk Group says it completed a $5.1 billion syndicated revolving credit facility to replace loans maturing in 2015, reducing its financial costs. The loan facility provided by 21 banks has a maturity of five years, which may be extended by up to two years. The Danish parent of Maersk Line said it...
  • Analysts question future of same-day shipping
    Target's customers in certain markets can choose to receive shipments within hours of ordering when a pilot same-day shipping program is launched this month, but some industry analysts think same-day shipping is just a temporary fad with little possibility of becoming profitable. In late May, Target announced plans to launch the...
  • ILWU, employers say US West Coast contract negotiations continue
    The International Longshore and Warehouse Union and Pacific Maritime Association yesterday issued a joint release saying the contract negotiations that began on May 12 are continuing without interruption. "Both parties remain at the table and are working to reach agreement on a new coast-wide contract," the ILWU and PMA stated. Their...

TradeWindsweb site
JUNE 5, 2014
  • Sentinel wins five-year deal
    Sentinel Marine of Singapore has snagged a five-year contract with GDF Suez for an emergency response and rescue vessel (ERRV).
  • Victory Bridge loop rejigged
    Compania Sud Americana de Vapores (CSAV) is poised to pull a containership from the Victory Bridge vessel sharing agreement with France's CMA CGM.
  • Rickmers grabs rival's exec
    Rickmers-Linie has replaced US head Robert Sappio with an executive from Safmarine's multipurpose division.
  • Putin's LNG pressure
    Russian president Vladmiri Putin wants more LNG carriers built in the country for the massive Yamal gas project.
  • NewLead in share spat
    Greece's NewLead Holdings has won a temporary restraining order preventing US investor Ironridge converting any more preference stock into shares.
  • KfW doubles up
    Germany's KfW IPEX-Bank has come up with another EUR 600m ($814m) to finance a second newbuilding for Star Cruises.
  • Crew hit by malaria
    Two seafarers have been taken to hospital in Bermuda with suspected cases of malaria.
  • "Desperate" death slammed
    A UK report has criticised lax safety practices on a tug from which a crewman fell to his death in rough seas.
  • Wage deal sealed
    Seafarers have won pay rises worth 6.5% over three years after talks between the ITF union and owners' representatives at the International Bargaining Forum (IBF) in Bali this week.
  • Beware the drones
    A group of European shipowners is urging authorities to use drones to detect vessels avoiding new emission regulations from next year.
  • Dof stretches PSV deal
    Norway's Dof has been awarded an extension of a platform supply vessel (PSV) charter to Nexen Petroleum of the UK.
  • State stumbling block?
    The restructuring of China State Shipbuilding Corporation (CSSC) has been further complicated by the need to seek permission from two state watchdogs.
  • Siem Sailor sails away
    Norway's OH Meling has snapped up a platform supply ship (PSV) previously owned by its joint venture with compatriot Siem Offshore.
  • Africans plan line
    Ghana and other West African nations are trying to drum up private capital to launch a sub-Saharan shipping line.
  • Mercator takes $55m
    Indian owner Mercator has hinted at an IPO for oil and gas services subsidiary Mercator Energy (MEPL) as it fixed a new loan.
  • 27 hurt in ferry crash
    Two passengers have sustained life-threatening injuries after a ferry hit a quay in Germany.
  • Hedland hits new high
    Iron ore shipments from Australia's Port Hedland jumped nearly 30% last month, extending the three month streak of all-time highs.
  • Quanzhou Bay smash
    A containership and a general cargo vessel have collided with each other in China's Quanzhou Bay.

American Shipperweb site
JUNE 5, 2014
  • Rail tank car joint venture formed amid pending rule change
    The Greenbrier Companies and Watco Companies have banded together to form GBW Railcar Services, which will become the largest independent railcar repair, maintenance and refurbishment business.
  • SeaIntel: Schedule reliability better, but still behind 2013
  • CMA CGM, CSAV amend Victory Bridge agreement
    The Federal Maritime Commission said the amendment to Agreement No. 012104 increases CMA CGM's slot allocation, revises the number of vessels contributed by each party, and adds Savannah to the expected port rotation.
  • Teamsters: EPA plan could cost rail jobs
    "There is a place for renewebles in this plan, but the rising cost of energy in ... European countries should act as a cautionary tale against moving too quickly and aggressively, and failing to diversify our energy portfolio," the group said.
  • Analyst: Railroads see 'robust' traffic
  • WFS takes charge of Transglobal Cargo Centre in Kenya
  • Trucking Conditions Index falls 2 points in April
  • Damco expands in Minn.
  • Poulsen named CEO at Rickmers-Linie (America)
  • E2Open acquires high-tech supply chain visibility company
    The cloud-based collaborative planning and visibility platform E2Open has acquired SERUS, a cloud-based supply chain management solutions provider, for $18.5 million, the company said Wednesday.
  • Commerce levies duty penalty on Chinese solar panels
  • Senate confirms Selig to head Commerce's ITA

The Bunker Bulletinweb site
JUNE 5, 2014
  • IFO prices soft in Fujairah
    Flat pricing seen in Suez and Cape Town.
  • Bunker prices give mixed signals across Europe
    Low demand seen in Gibraltar.
  • Lack of regulatory code the biggest hurdle in LNG adoption
    'Ultimately the decision comes down to an investment decision vessel by vessel,' says consultancy.
  • Final trip for ECA-closure ferry sold out
    DFDS sees boom in passenger numbers on route due to close in September.
  • Japanese propeller design claims up to 16% fuel savings
    Figure achieved in combination with other devices.
  • Scrubber will help 'minimise' Cunard's environmental impact
    Exhaust gas cleaning technology retrofitted to luxury ocean liner.
  • Nicaraguan Canal 'good idea', says Maersk
    To give access to biggest ships.
  • Fuel oil stocks remain high despite drawdown
    Singapore market still 'rich in supplies'.
  • Consultant: Organised crime behind Asian piracy threat
    Small product tankers operating out of Singapore most vulnerable.
  • New backing for 'drone patrols' of ECA waters
    Europe must develop 'a range of emission monitoring tools'.
  • Court ruling: Owner not liable for bunkers ordered elsewhere
    Finding prompts P&I club to warn on bunker delivery receipts.
  • Bunker prices weaken in Asia
    Offices in Busan to close for a holiday on Friday.
  • Supplier sees 'exciting prospects' in Greece and Med
    Monjasa says 2013 revenue exceeded $2 billion dollars.
  • Quebec raises shipbuilding incentives
    Government encouraging owners to 'modernise and renew' their fleets.
  • China fuel oil imports fall in May
    Sinopec imported 165,000 mt of 380 cSt product from Malaysia for bonded bunker operations.
  • DNVPS Europe welcomes new COO
    Staff is a veteran in the maritime industry, according to DNVPS.

›››File
FROM THE HOME PAGE
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
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