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Independent journal on economy and transport policy
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BRIEFS
August 7, 2014
Sched Netweb site
  • Hapag-Lloyd to increase Asia-Europe rate US$650/TEU from August 18
  • Sinotrans posts 525pc first half profit increase, revenues rise 20pc
  • Insurer: Risk rises when bigger ships carry more via expanded Panama
  • Lessor box fleet rises 7.3pc versus 2pc carrier-owned container growth
  • European Commission spends US$430 million to fund transport projects
  • India shipbreaking moved from Steel Ministry to Shipping Ministry
  • DP World backs port box weigh-ins to achieve total weight compliance
  • GoAGT failure sparks worries other shipboard guard firms will go bust
  • Bangladesh, India overcome obstacles to settle coastal shipping issues
  • More Ugandan airlines lose air certificates for breaking licence terms
  • Frontier Service Group acquires 49pc of Kenya's Phoenix Aviation
  • Accounting change creates 68pc profit for Swiss out of flat revenues

Exim Indiaweb site
AUGUST 6, 2014
  • Bahri announces an Acting CEO
  • Ravindra Kumar Sharma is new head of SCI's Public Relations Department
  • Shipping a key area of interest for private equity: Moore Stephens
  • Weak carrier financials drive increasing dominance of container leasing sector
  • Anandiben Patel to be Chief Guest at GMH conference in Ahmedabad on Aug. 20
  • APSEZ's Q1 PAT up 36 pc to INR 568 cr.
  • GatewayRail Freight commissions rail operations at Faridabad logistics park
  • Centre may soon implement GST: Sitharaman
  • Govt to award more number of road projects this fiscal
  • INR plunges to 4-month low against dollar
  • Rajasthan unveils major PPP plan for roads
  • Sophisticated PPP model needed to boost infrastructure: Mayaram

International Transport Journalweb site
AUGUST 6, 2014
  • US approves merger of CSAV and Hapag-Lloyd
  • Egypt plans new Suez Canal

Marine Logweb site
AUGUST 6, 2014
  • MTU to power three Turkish double-ended ferries
  • Three year prison term imposed in MSC bribery case
  • HII gets another $25.6 million for CVN 78 work
  • Hatz Diesel showcases marine line-up at SMM
  • OSG exits Chapter 11
  • Mermaid Marine takes delivery of AHTS from Jaya yard

World Wide Shipperweb site
AUGUST 6, 2014
  • Port of Vancouver, USA holds annual tenant breakfast
  • K Line begins membership in anti-corruption network
  • US Coast Guard celebrates 224 years of service to country
  • Port of San Diego taps Bolduc as acting chief executive officer
  • Coast Guard rescues man who abandoned burning vessel

Lloyd's Listweb site
AUGUST 6, 2014
  • Painful few days ahead for VLCCs on spot market
    Earnings might dip below daily operating costs of $10,000-$11,000
  • Yangzijiang Shipbuilding profits jump on one-off gains
    Shipbuilder's divestment of non-shipping assets will ensure more cash for R&D
  • Eagle Bulk strikes deal with lenders
    Prepackaged Chapter 11 case to start in New York
  • Multi-billion dollar Kenyan port gains Chinese investment
    State-owned CCCC awarded tender for first phase of Lamu port
  • Dynagas Partners reports lower profit in second quarter
    Owner of four LNG carriers hikes distribution to investors for next quarter
  • Louis plots rebranding of Greek-based cruises
    Celestyal Cruises chosen for two-vessel operation
  • TEN eyes 'half a dozen' more crude tankers
    Orders supported by long-term charters said to be a matter of weeks away
  • Fresh cargoes for tankers as Shell's Nigeria deepwater project launches
    Oil will be loaded on to tankers for shipping around the globe
  • New Shell oil exports underline importance of West Africa-Asia tanker route
    As West African exports to US fall, Asia picks up the slack
  • Strong first half for Zeebrugge container traffic
    Double-digit growth in box tonnage masks poor general cargo performance
  • Better times ahead for the box market
    Improving supply and demand outlook offers hope for container shipping
  • Rickmers Trust boosts profits on back of one-off loan settlement
    Positive cashflow assured until 2019, company insists
  • Maersk imposes Hamburg surcharge
    Danish carrier cites congestion at German port
  • StealthGas raises $35m from offering
    Vafias family and institutional investors buy shares as owner eyes larger LPG carriers
  • Aronnax: Transparency - whether you like it or not
    Modern technology makes measuring much easier
  • Port Hedland faces strike after talks fail with tug engineers
    Engineers want more pay from operator Teekay
  • US regulators approve the merger of CSAV and Hapag-Lloyd
    Now the partners need the European Commission to make a decision
  • Tankers and Ocean Rig buoy DryShips results
    Dry bulk operations flat but offshore drilling helps narrow losses

Sea-webweb site
AUGUST 6, 2014
  • New Suez Canal lane plans unveiled
    Egypt plans to spend $4Bn to add an extra 45 mile (72km) lane to the Suez Canal. The announcement was made by president Abdel Fatah al-Sisi and confirmed by Suez Canal Authority chairman Mohab Mamish in a televised speech this week. Currently, the canal only provides for one-way traffic, with
  • Helsinki port enjoys July growth
    Finland's largest port has posted positive results for July. The Port of Helsinki saw 0.8M tonnes of cargo throughput, a 7% improvement on July 2013's figure, the Port said. Exports rose 10% for the corresponding period. Imports saw a 4% rise, and passenger throughput climbed 6% with 1.4M people
  • Marseilles €28M drydock renovation targets cruise ships
    Marseilles Fos Port Authority announced today [Subs Note - 06 Aug.2014] that it plans to complete a €28M ($37.5M) renovation of its giant Drydock 10 by mid-2015 to provide a strategically located base for cruise ship repair and maintenance. At 465m long and 85m wide - the third largest in the
  • DeltaLangh's scrubber receives class approval
    Tightened exhaust emissions regulations in ECAs after January 2015 are driving increased interest in exhaust gas cleaning systems (scrubbers) and class approvals. DeltaLangh's scrubber has recently received a final class approval from Germanischer Lloyd for the unit installed onboard Langh Ship's
  • Rhenus coal handling up 25%
    The German port of Wilhelmshaven's Rhenus Bulk Terminal (RBT) handled a record 557,319 tonnes of coal in July, 25% up on its best month in 2013 and the first time the terminal has handled over 500,000 tonnes. Freighter Lord Star was the last to unload coal at RBT in July, contributing to cargoes
  • Detained Turkish power ship released
    A Turkish electric power generation vessel which has been held in Pakistan for more than two years has been released. Turkey's Hurriyet Daily News said that the release of the 216MW Kaya Bey had been announced by the vessel's owner, Karadeniz Holding. The paper added, however, that three other power
  • Update: Kenyan expansion to impact Eastern region
    A contract signed for the construction of the first three berths at the proposed Lamu Port in Kenya, "reinforced the government's resolve to make infrastructure key, in social and economic development," President Uhuru Kenyatta said. The deal was sealed between the Kenya Ports Authority and the
  • Fugro wins second MH370 search contract
    Fugro Survey PL has won the contract to undertake the deep sea search for the missing Malaysia Airlines MH370. The Dutch-based company is already on contract to complete a bathymetric survey of the seabed in the search zone. A second vessel, the Fugro Discovery, is now on route to Perth to join the
  • Malaysia's MISC posts double-digit jump in earnings
    Malaysia-listed shipping conglomerate MISC Berhad (MISC) has posted a double-digit jump in its profit before tax for 1H14, which ended on 30 June. The company's profit before tax of MYR872.4 million (USD272.9 million) in 1H14 was 25.2% higher than MYR696.8 million profit in the corresponding period.
  • Korea Line Corporation continues profitable run
    Korea Line Corporation (KLC) posted its net incomes in the second quarter of 2014 (2Q14) with KRW40.7 billion (USD39 million) yesterday that turned to black. It was a reversal of a KRW5.9 billion loss for 2Q13. The 2Q14 sales figures raised 3.9% year on year (y/y) to KRW144.2 billion and operating
  • Pelindo II to raise fund for port expansion
    Indonesian state-owned terminal operator PT Pelabuhan Indonesia II (Pelindo II), also known as the Indonesia Port Corporation (IPC), plans to raise $1.25Bn in syndicated loans to help finance the expansion of its North Jakarta port. "Hopefully the government will grant permission this week," said
  • Wisdom Marine's profit down 7.03%
    Taipei-listed bulk carrier Wisdom Marine announced yesterday a record profit of TWD902 million (USD30 million) in the first seven months this year, down by 7.03% year-on-year. The carrier posted revenue of TWD5.08 billion during this period, an increase of 5.77% from the previous year. The decrease
  • China vessel exports down
    China's vessel exports decreased 11% year on year (y/y) in the first six months of 2014 to USD13 billion according to customs statistics. It is forecast that the exports will keep on the moderate upward trend to surpass USD13 billion in the second half in 2014. China exports the majority of the
  • MMHE earnings dip in 2Q14
    Malaysia-listed marine and offshore services provider, Malaysia Marine and Heavy Engineering Holdings, suffered a drop of 20% in total income for 2Q14 to MYR38.46 million (USD12 million) from MYR48.6 million for the corresponding period last year. The decrease was due to lower profits from the
  • Philippines jails 12 Chinese fishermen
    12 Chinese fishermen were sentenced to between six and 12 years in jail and fined $100,000 each for illegal fishing by a Philippine court on Tuesday, according to Xinhua News Agency (Xinhua). The fishermen were accused of running into and severely damaging Tubbataha Reef, a World Heritage-listed
  • Yangzijiang posts all-time high earnings in 2Q14
    Singapore-listed shipbuilder, Yangzijiang Shipbuilding Holdings has posted an all-time high quarterly profit in the second quarter of 2014 (2Q14). The company's net profit hiked 52% year on year (y/y) to CNY 1.24 billion (USD200.8M) from CNY811.6M. The increase in profit was mainly contributed by a
  • Eagle Bulk files for Chapter 11
    NASDAQ-listed Eagle Bulk has sought Chapter 11 bankruptcy protection to facilitate a pre-packaged debt restructuring plan. The beleaguered dry bulk company filed its petition in the New York Southern District Court on 6 August. The plan calls for all current Eagle Bulk equity to be extinguished and

The Journal of Commerceweb site
AUGUST 6, 2014
  • First Nation group threatens to shut down CN line to Prince Rupert
    Canadian National Railway services connecting the Port of Prince Rupert, British Columbia, to the rest of its network are running normally even though a First Nation group told the railroad to end operations by Aug. 4.The threat comes as U.S. shippers are diverting cargo through the port amid still-unresolved U.S....
  • US paper exports slid in first half of 2014
    U.S. containerized exports of scrap paper are falling, and the drop is partly responsible for slow U.S. export growth. Containerized exports from the U.S. in the first half of 2014 dropped 11.3 percent compared with the same period in 2013, according to data from PIERS, the data division of the JOC...
  • 'Bob-tail bandits' plead quilty to federal cargo theft charges
    A trailer full of canned corn proved one stolen load too many for a gang of freight thieves that operated throughout the U.S. Midwest. In federal court in Missouri, two of the cargo thieves pleaded guilty to running a cargo theft ring that pulled off the corn heist in West...
  • DP World Vancouver to turn away US-bound rail cargo
    Starting Friday, DP World Vancouver will stop accepting U.S.-bound containers intended for direct transfer to rail, citing a lack of railcars to handle the surge of cargo headed across the border. The operator of the Centerm Terminal will continue to handle U.S.-bound cargo moving by truck either to the regional market...
  • Russia warns of stricter inspections of US chicken
    USDA Photos by Lance Cheung.[Editor's Note: Russian President Vladimir Putin announced Wednesday that Russia will enact bans or limits on a wide range of trade with the European Union and the United States. A full list of the banned agricultural products, raw material and food is expected to be available...
  • Japan to end punitive tariffs against US
    Japan has decided not to extend punitive tariffs imposed on some products imported from the United States in retaliation for a U.S. anti-dumping trade law known as the Byrd amendment. The current retaliatory tariffs are to expire on Aug. 31. Additional 17.4 percent tariffs are levied on 13 items, including some...
  • Drivewyze ByPass expansion benefits truckers, shippers
    "Smart mobility" technology aimed at helping truckers avoid lengthy weigh station delays promises cost-saving benefits that could extend up supply chains to shippers. Drivewyze, an Internet-based service that speeds supply chains by allowing truck drivers to bypass state weigh stations, is expanding, adding 13 sites into Georgia to its network. Truckers can...
  • Clean Energy expands CNG, LNG fueling networks, adds customers
    [caption]A Clean Energy Fuels facility.[/caption] Clean Energy Fuels is expanding its U.S. natural gas network, opening 27 fueling stations in the first half of 2014, including nine "truck friendly" stations along interstate highways. The scarcity of fueling stations is a roadblock to expanding the use of liquid or compressed natural gas as...
  • Bigger ships to increase risks in Panama Canal, insurer says
    Increased cargo capacity in larger ships transiting the expanded Panama Canal will raise risks for the maritime industry, Allianz Group said in a new report. The Allianz report, Panama Canal 100: Shipping Safety and Future Risk, said the cost of insured goods transiting the canal may increase by more than $1...
  • Trans-Pacific benchmark rate hits 13-month high
    Drewry's benchmark rate for container traffic heading from Hong Kong to Los Angeles rose 20.8 percent this week. Full-size chart An Aug. 1 general rate increase and high peak-season volumes heading to the U.S. pushed spot rates from Asia to the U.S. to their highest levels this year. Drewry's benchmark rate for container traffic...
  • Online grocery sales whet appetites; high costs curb growth
    When the dot.com bubble burst in April 2000, there was no shortage of spectacular failures, but one of the most storied was the collapse of online grocer webvan.com. Webvan went public in 1999 with a $375 million initial public offering (before reaching a peak stock market value of $1.2 billion), and...
  • Idle container ship fleet shrinks to three-year low
    The idle container ship fleet has fallen to a three-year low but likely will start to grow again at the beginning of the fourth quarter as the peak shipping season draws to a close, according to Alphaliner. There were 119 vessels of more than 500 20-foot-equivalent-unit capacity - a combined capacity...
  • US gives green light to Hapag-Lloyd, CSAV merger
    The U.S. Department of Justice and the Federal Trade Commission cleared the planned merger between Hapag-Lloyd and Compania Sud Americana de Vapores, which will create the world's fourth-largest ocean container line. "This is part of the consultation process to regulatory authorities that both companies are carrying out in order to merge...
  • Deutsche Post DHL container volume trails rivals' growth
    Deutsche Post DHL booked a market-beating 5.6 percent increase in ocean container traffic in the second quarter, but it trailed growth rates of other top global freight forwarders. The German mail and logistics giant increased volume to 749,000 20-foot equivalent units in the three months through June from 709,000 TEUs in...
  • Trans-Atlantic ocean trade growth on an even keel
    Bremerhaven/Bremen was the top European load port for U.S. imports via East Coast ports in the 12 months ending March 2014.The U.S. ocean container trade via European ports, including transshipments, increased 3.8 percent year-over-year to 4.6 million laden 20-foot-equivalent units in the 12 months ending March 2014, according to PIERS,...
  • Infrastructure program could heat up India's cold chain growth
    More than $15 billion will be spent on expansion of India's cold chain during the next five years, according to a study by the Institution of Mechanical Engineers. The report, released in July in New Delhi by the British engineering think tank also known as IMechE went beyond the dramatic forecast...
  • Strong growth for US West Coast ports in June
    Although the July 1 deadline for contract negotiations between the International Longshore and Warehouse Union and the Pacific Maritime Association certainly resulted in some diversion of cargo to ports on the U.S. East Coast and in Canada, West Coast container volumes are still up noticeably compared to last year. Containerized imports...

TradeWindsweb site
AUGUST 6, 2014
  • Delivery myth debunked
    Newbuilding orders have soared in recent months but shipyards may be sitting on a bigger backlog of premium slots than some would have you believe, a leading brokerage told clients today.
  • Analyst abandons EGLE
    A leading Wall Street equity analyst has suspended research coverage of Eagle Bulk Shipping (Eagle Bulk) on the back of the US bulker owner's Chapter 11 bankruptcy filing.
  • EGLE takes flight
    Investors were racing to accumulate shares of Eagle Bulk Shipping Wednesday on the back of an announcement in which the operator outlined plans to pursue a Chapter 11 restructuring.
  • UBS downs NCL
    UBS downgraded shares of the third largest cruise line Wednesday based on a bet that turbulence in the operator's core market will continue in the months ahead.
  • DryShips in VTL boost
    DryShips has seen its fleetwide value-to-loan (VTL) ratio surge to 171% from 105% in December 2012, the company's finance chief said.
  • AO picks Wallem
    Hong Kong manager Wallem has said it will manage two ultramaxes on order for Germany's AO Schiffahrt.
  • Dynagas Partners dips
    Nasdaq-listed Dynagas LNG Partners has posted a slight fall in earnings for the second quarter as costs rose.
  • Eagle Bulk set for Chapter 11
    Eagle Bulk is set to file Chapter 11 papers after striking a prepackaged restructuring deal with lenders.
  • NAO stronger
    Nasdaq-listed Nordic American Offshore (NAO) has increased earnings in the second quarter as revenue rose.
  • OSG's next step?
    The ink is barely dry on OSG's Chapter 11 exit papers but speculation has already started as to how the company will develop following its restructuring.
  • Rickmers sheds loan
    Singapore-listed boxship owner Rickmers Maritime has been boosted in the second quarter by settling a loan at a 20% discount.
  • Star puts $1bn on shelf
    Star Bulk Carriers has filed a $1bn shelf registration that could set the scene for further expansion for Wall Street's biggest bulker owner.
  • US clears merger
    The US has approved the imminent merger between Chile's CSAV and Germany's Hapag-Lloyd.
  • Cat to bite Wilhelmsen?
    A depression in the high and heavy market will lead to a reduced profit at Norwegian owner Wilh Wilhelmsen in the second quarter, analysts say.
  • One dead in smash
    A fisherman has died and four more were reported missing after their boat was in collision with a Japanese bulker off China.
  • Crewman gassed
    A Bulgarian crewman has died after being asphyxiated on a bulker in France.
  • Sinopacific firms PSVs
    China's Sinopacific Shipbuilding Group has confirmed a first offshore order from Mexico.
  • Edem ship hit in Libya
    A Greek-controlled supramax bulker came under fire at the Libyan port of Derna this week.
  • Paragon sights $25m
    Paragon Shipping has set its sights on $25m from a notes offering
  • Tidewater misses in Q1
    Tidewater has recorded an improved first quarter profit but its bottom line has fallen short of Wall Street expectations.
  • Deep Sea does better
    John Fredriksen-controlled offshore shipowner Deep Sea Supply is reintroducing dividends after posting a better profit in the second quarter.
  • Yangzijiang profit spikes
    Yangzijiang Shipbuilding has reported a record profit for the second quarter thanks to a tax refund and income on a cash investment.
  • Inui loss grows
    Japanese bulker owner Inui Steamship has posted a bigger deficit in the first quarter despite a growth in revenue.
  • Tax lowers MISC profit
    A bigger bill from the taxman has hit MISC's earnings in the second quarter.
  • Chinese in Kenyan port deal
    State-owned China Communication Construction Company was won a $479m contract to build a new deep-water port in Lamu in Northern Kenya that is being built to open a corridor into resource-rich East Africa.
  • Stealthgas prices offering
    Nasdaq-listed StealthGas plains to raise a further $35m by selling off more common stock in an underwritten registered offering.
  • MHB takes profit hit
    Pre-tax profits for Malaysian Marine and Heavy Engineering Holdings Berhad (MHB) for the first half of its 2014 financial year fell by nearly half compared to its results in the first half of 2013.

American Shipperweb site
AUGUST 6, 2014
  • United Grain slams USDA denial of grain inspection
    A USDA official said the situation at the Port of Vancouver doesn't "ensure safe access to the UGC facility for the GIPSA, and therefore [USDA] is conditionally withholding official grain weighing and inspection services."
  • Expeditors to refine strategic assessment during 2014's second half
    Expeditors International turned in net earnings of $91.3 million during the second quarter, a year-over-year decrease of 1 percent, while net revenues ticked up 3 percent to $484.7 million.
  • Senator pushes Buy America transportation bill
  • Suez Canal plans bypass to increase capacity
  • Project will test powering dray trucks with electricity
    The demise of the network of electric trolley cars that once crisscrossed Los Angeles is an important and controversial chapter in the history of public transportation.
  • Ships slow to benefit California whales, air
    The program was developed and implemented by the Santa Barbara County Air Pollution Control District, Channel Islands National Marine Sanctuary and the Environmental Defense Center.
  • Ex-Im Bank supports $1.7 billion to finance Africa-bound exports
    The bank also announced that it will pledge $3 billion in financing to support U.S exports to Sub-Saharan Africa over the next two fiscal years.
  • U.S., West African region to boost trade

The Bunker Bulletinweb site
AUGUST 6, 2014
  • Aegean strengthens presence in Mediterranean port
    Second bunker barge brought into operation in Barcelona.
  • Tight avails in Rotterdam
    Istanbul: Low demand and ample supplies.
  • Prices for key IFO grade softening in Mideast hub
    Tight avails in Fujairah.
  • Compulsory Mass Flow Meters 'a good initiative'
    Dan-Bunkering's new head of operations in Asia has welcomed Singapore's decision to make MFMs mandatory.
  • GAC settles potential claim over alleged sanctions breach
    GAC Shipping (USA) agreed to pay $157,500 on behalf of Houston-based GAC Bunker Fuels.
  • Asian bunker rates southbound
    Busan bracing for typhoon.
  • Greek ferry to employ renewable energy technology
    Technology to be provided by a Japanese equipment supplier.
  • P&I Club: Increase in 'low quality' bunker claims
    Club underlines importance of engaging 'reputable' suppliers.
  • Maersk Line completes AMP upgrade for vessels
    Project has equipped 16 vessels to use alternative marine power at US ports.
  • Drybulk shipping firm brings down bunker consumption
    Company sees impact of fuel efficiency technologies.

›››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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