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Independent journal on economy and transport policy
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BRIEFS
February 14, 2014
Sched Netweb site
  • Revised Suez Canal rules accelerate passage of larger vessels
  • Big carriers back costly low-sulphur fuel, Pearl River ports not so keen
  • US exports hit US$2.3 trillion with 16 states setting records in 2013
  • China's railway freight rate soon to be raised, market expects 20pc hike
  • King Abdullah Port opens 100 kilometres north of rival Jeddah
  • Singapore supply chain conference alerts managers to prepare for the worst
  • Portland considers US$4 million in subsidies to attract boxship calls
  • Big box retail sparks U-Freight to pick Care Logistics as Colombo agent
  • Brookfield and MOL seek port opportunities in Latin America
  • M&M International declares itself on lost Blue Maritime bill of lading
  • Cathay-Dragonair January shows cargo down 1.4pc - passengers up 9.3pc -
  • Virgin Atlantic UK-to US/India cargo up 50pc, perishables leading
  • Korean Air to fly four times weekly from Seoul to Houston May 2
  • Singapore Airlines to save fuel with new cargo containers from Nordisk

Exim Indiaweb site
FEBRUARY 13, 2014
  • Box traffic from Asia to Europe sees marginal increase in 2013
  • BTL commences new import connection from Colombo to KPCT
  • D.B. Group launches international distribution service dedicated to perishable products
  • HMM to sell LNG carrier business
  • Supply chain managers should be prepared for the worst, advise speakers at Singapore conference
  • Shrimp exports surge as S-E Asia production declines
  • JNPT launches Land Management Cell
  • Railway Tariff Authority should be an appellate body: Fieo
  • Truckers warn of strike
  • CCEA okays INR 3,333/t subsidy for sugar exports
  • Commerce Secy compliments EOUs & SEZs
  • Japan may invest INR 15K cr. on road projects in North-East

Marine Logweb site
FEBRUARY 13, 2014
  • Enercon returns rotor ship to service
  • Bollinger Shipyards issues statement on OPC contract award

World Wide Shipperweb site
FEBRUARY 13, 2014
  • Bellingham Port Commission eyeing Harcourt deal to develop waterfront
  • Port Metro Vancouver seeking public input on land use plan
  • Maersk Line leads way in Drewry performance report
  • Mitsui/Nissan Motor Car Carrier agree to pay MarAd penalties
  • Department of Transportation releases December freight transport numbers

Lloyd's Listweb site
FEBRUARY 13, 2014
  • Golden Energy orders up to four platform supply vessels in China
    Restis Group offshore-vessel firm expands its managed fleet
  • Data Hub: Asia Load Factors
    Transpacific set for strong third quarter
  • Governments must fulfil their obligations over ports of refuge
    FREE CONTENT: Insurers, salvors and the ICS urge coastal states to step up to help stricken vessels
  • VLGC fleet could grow 17% in 2015, warns Banchero Costa
    More tonnage ordered in second-half 2013 than in the previous four years put together
  • New Suez transit rules improve passage for larger boxships
    Dredging allows vessels of 13,000 teu-plus to join second daily southbound convoy
  • Odfjell hit by $76m Rotterdam terminal impairment
    Oslo-listed group reports full-year operating profit of $3m, with a $6m fourth-quarter loss
  • Maximising reform in the Philippines
    Crucial legislative milestone frees Marina boss to pursue education standards shake-up
  • Western Bulk revenues rise as its margins slide
    Poor vessel positioning hits time charter margins
  • MOL agrees to compromise with FMC over antitrust probe
    Japanese line and Nissan Motor Car Carrier subsidiary hit with $1.3m penalty
  • Aboitiz Equity pulls out of shipping
    Family investment firm is to focus on infrastructure, finance and power sectors
  • Wilh. Wilhelmsen reports sluggish 2013
    Shipping performance drops 47%
  • MISC posts 2013 earnings boost
    Malaysian state carrier benefits from firm LNG business and box shipping exit
  • Smart ships could save $1m a year
    FREE CONTENT: Industry is poised for 'maritime industrial internet', says Inmarsat chief
  • Commerzbank accelerates its withdrawal from shipping
    Frankfurt financier meets its 2016 target having cut its portfolio by a quarter last year
  • Top boxship lines tighten their grip on the carrier-owned fleet
    However there is less concentration among tonnage providers, says Clarksons
  • Portland offers Hanjin incentives to keep calling
    Oregon port to pay $20 per box in bid to keep line calling at northwest terminal
  • Stena buys six chemtankers for $100m
    Bulk specialist wants to increase its market share in Asia
  • Box lines raise concerns over Beijing's new freight-filing rules
    Added costs and administrative burden do not add value, lines complain

Fairplayweb site
FEBRUARY 13, 2014
  • Ardmore plots follow-on offering
    NYSE-listed Ardmore Shipping has reported lower adjusted losses and announced plans to sell more stock to fund fleet expansion
  • Japan unveils hybrid SOx scrubber
    Mitsubishi Heavy Industries (MHI) and Mitsubishi Kakoki Kaisha (MKK) have jointly developed a hybrid scrubber system that removes sulphur oxides (SOx) from exhaust gas emitted by marine diesel engines, the companies said on 12 February
  • Speedier onboard oil test for corrosion
    Parker Kittiwake, a global provider of asset control and protection technology, has released a portable test kit that will tell in minutes how much corroded iron is in used cylinder oil
  • NCL ramps up scrubber installations
    Norwegian Cruise Line will install Green Tech exhaust-gas scrubbers aboard six additional vessels after initial installations aboard Pride of America last year
  • Restrictions lifted for Russian bunkers
    Russia's Federal Antimonopoly Service (FAS) has ruled that restrictions imposed since last August by its customs service on bunker fuel supply constitute a violation of its law on competition and must be withdrawn
  • Keppel to build three rigs for Fecon
    Keppel FELS has won orders to build three KFELS B Class jackup rigs worth $650M for new customer Fecon International Corp
  • Singapore works towards implementing mass flow meters
    Singapore is working towards the compulsory implementation of mass flow meters for bunker barges, IHS Maritime has been told

The Journal of Commerceweb site
FEBRUARY 13, 2014
  • Chinese Ports Saw Major Delays Before Lunar New Year
    Port of NingboIn the weeks leading up to Chinese New Year 2014, the Chinese ports of Ningbo, Shanghai, Shekou and Yantian reported severe delays, snarling ships by an average of 19 to 35 hours, according to CargoSmart. Vessel delays at the Chinese ports of Ningbo, Shanghai, Shekou and Yantian from Dec....
  • Iberia Airlines Finally Reaches Deal With Pilots Union
    Iberia Airlines has reached a deal in principle with its pilots' union, SEPLA, to "introduce permanent structural change and improve the airline's viability," effectively ending a years-long labor dispute, according to parent company International Airlines Group. The deal will keep pilots' salaries frozen until 2015, after which increases to salaries will...
  • Falling Ship Prices Lead Zim to Cancel Orders
    Zim DalianZim has canceled its remaining orders for four 12,552-TEU ships from Samsung Heavy Industries and four 8,800-TEU ships from Hyundai Samho, a move that will help the carrier cut its losses on the eight ships, which were ordered at the peak of the price boom, in an attempt to...
  • Long Beach Turns to Boyden for Executive Director Search
    The Long Beach Board of Harbor Commissioners has nominated Boyden Global Executive Search to find candidates for the position of executive director of the nation's number two container port. Boyden, with offices in Baltimore and Washington, will lead the search for an executive director at a critical time in the maritime...
  • US Shippers Expect Freight Growth to Outpace Economy
    U.S. shippers on average expect that for the first time in roughly two years freight growth in 2014 will steadily outpace the expansion of the general economy, In a survey conducted by Wolfe Research in late 2013, U.S. shippers said they expect their freight volume to increase 2.9 percent this year....
  • Truckload, Intermodal Rates Moving Up, Cass Reports
    Cass truckload linehaul and intermodal indexes through January 2014 Full-size chart Truckload linehaul rates jumped 2.9 percent in January, the biggest year-over-year increase since last February, Cass Information Systems said Thursday. The increase in the Cass Truckload Linehaul Rate Index reflects higher spot market rates, growing freight demand and declining capacity, Cass said. Intermodal...
  • Winter Storms Push DAT Spot Truck Rates Higher
    Spot market truckload rates reached new highs as a fresh wave of severe winter storms hit the Southeast and Mid-Atlantic in early February before heading toward the Northeast. The national average dry van spot rate rose to $1.97 per mile for the week ending Feb. 8, 3 cents higher than the...
  • Winter Has Hit Terminals, Too
    From my perspective the JOC article titled "NY-NJ Port Mess 'Worst Ever'" does a significant disservice to a number of the participants within the harbor that are attempting to address a very difficult situation, which in large measure was brought on by events beyond their control. The Christmas and New Year's...
  • Cochin Terminal Truck Drivers Call Off Strike
    Harbor truck drivers returned to their jobs on Feb. 12 after a four-day strike at the Vallarpadam International Container Transshipment Terminal, a DP World facility in India's Port of Cochin. The settlement came after the port authority held two rounds of talks with the strikers. "The terminal is operating normally," a DP World...
  • SeaIntel Founder Launches Cyber-Security Firm
    SeaIntel CEO and founder Lars Jensen has launched a company to provide cyber-security services to the maritime industry. Named CyberKeel, the firm was launched "together with technical experts in cyber security as well as with experience in systems penetration," according to a press release announcing the venture. "The maritime industry faces a...
  • Congress Running Low on US Highway Funding Options
    WASHINGTON - The likelihood that the U.S. federal government will have to inject money into the Highway Trust Fund so that highway, bridge and road construction funding doesn't grind to a halt in August is steadily increasing. For shippers and transportation providers, the alternative of allowing the HTF, the main engine...
  • Averitt Express Expands Temp-Controlled LTL Business
    Averitt Express is extending the "cold chain" for customers and expanding its refrigerated business. The trucking company will use specially designed containers to move pallet-sized temperature-controlled loads in dry van trailers. The "Cold Box" should speed refrigerated less-than-truckload shipments that Averitt otherwise would keep in cold storage until they could be...
  • Gati Sees Opportunity in E-Commerce
    The e-commerce division of India's leading express distribution and supply chain solutions group grew at a rapid rate in the latter half of 2013, and is expected to continue that momentum in coming years, reflecting the advancing importance of e-commerce in India's economy in general. Gati's e-commerce segment reported revenue jumped...
  • Container Throughput Falls at India's Major Ports
    The number of containers shipped via major ports in India slipped 4 percent year-over-year in the first 10 months of fiscal year 2013-14, but overall cargo tonnage inched up 1.4 percent, according to the latest traffic data released by the Indian Ports Association. Total container volume was estimated at 6.2 million...
  • Chinese New Year Impact to Extend Through February
    Air and ocean trades to and from China will remain slow until next month due to the Lunar New Year shutdown, according to a survey by JOC of leading transport operators and analysts based in Asia. China's official holiday for New Year ran from Jan. 31 to Feb. 6, but many...
  • Warehouse Markets Tightening Around US
    Craig Meyer, president of Jones Lang LaSalle's industrial brokerage team, advises clients that are looking for warehouse space in hot markets such as Southern California, Northern New Jersey and Dallas to focus on the property that best suits their needs and to move decisively to close the deal. Demand for industrial...
  • Baltimore ILA Local Votes 'No' After Daggett Letter
    An International Longshoremen's Association local in Baltimore voted down a proposed local contract for autos and breakbulk cargo after a top official from ILA headquarters urged members to reject the employers' proposal. Local 333's 416-140 "no" vote on Feb. 11 came a day after Dennis Daggett, president of the ILA's Atlantic...
  • Calgary Harnesses Its Logistics Energy
    Calgary, AlbertaCALGARY, Alberta - Here between the Canadian Rockies and plains, it's not hard to see why major shippers are setting up shop or expanding their distribution operations in Calgary. The Trans-Canada and CANAMEX highways systems intersect at Calgary, giving shippers access to a population of roughly 50 million within...

TradeWindsweb site
FEBRUARY 13, 2014
  • FreeSeas firms sale
    Greek operator FreeSeas appears to be moving forward with the sale of an ageing handysize bulker.
  • NNA follows suit
    Navios Maritime Acquisition on Thursday announced plans to pursue a follow-on fundraiser that has the potential to top nearly $50m.
  • NewLead lands term sheet
    Shares NewLead Holdings soared Thursday after investors learned that the Greek operator landed the cash it needed to complete the acquisition of two handysize bulkers.
  • Equity looks enticing
    Overseas Shipholding Group's (OSG's) bondholders to not appear to be pleased with the key components of a proposal aimed at completing its Chapter 11 reorganisation.
  • Refuge call unites industry
    Shipowners, salvors and insurers have joined forces to call for international action to help stricken vessels find ports of refuge.
  • $100m boost for P&I clubs
    An improved protection and indemnity market should produce a $100m surplus across the 13 International Group clubs, according to a review of the sector by the Standard & Poor's rating agency.
  • 3 Maj plunges into red
    Croatian shipyard 3 Maj has posted a loss for 2013 after a big drop in revenue.
  • Otto ends JV
    Otto Marine is paying $1 for a 51% stake in Aries Offshore that cost $15m in 2010.
  • WBULK shares hammered
    Shares in Norwegian bulker owner Western Bulk slumped today as investors digested a disappointing set of final quarter results.
  • Public pain
    The cost of operating as a public company has contributed to US-listed tanker owner Ardmore Shipping's wider loss in the fourth quarter.
  • Sinotrans back for more
    Sinotrans Shipping has taken its 2014 spending past the $250m mark with orders for six more newbuildings at Chinese shipyards.
  • GOS denies sale - again
    India's Global Offshore Services (GOS) has been forced to issue another denial that its controlling Garware family has put the shipowner up for sale.
  • Ardmore raising another $75m
    Ireland-based tanker owner Ardmore Shipping has lined up a share sale worth $75m to further finance its newbuilding drive.
  • Samsung bags FLNG job
    Samsung Heavy Industries (SHI) has won the race to build the second floating LNG (FLNG) production unit for Malaysia's Petronas.
  • Dorian tipped for trio
    Dorian LPG is being hotly tipped to take out options on a trio of VLGC newbuildings after its latest call on investors took its fund-raising from the capital markets well beyond $500m.
  • ALG faces loss
    UK cruiseship owner All Leisure Group (ALG) says it expects to post a substantial loss for its latest financial year.
  • MISC better by half
    Malaysian shipowner MISC has reported a 50% jump in fourth quarter earnings despite a drop in revenue.
  • Commerzbank cuts deeper
    German lender Commerzbank is speeding up its disposal of shipping loans as loss provisions look set to continue at the same level in 2014.
  • Strong finish for WW
    Norwegian shipping group Wilh Wilhelmsen has more than doubled earnings in the fourth quarter, but its annual result was well down on 2012.
  • Green leaves Clarksons
    Philip Green is stepping down as chairman of the board at Clarksons barely six months after joining the world's largest shipbroker.
  • Duo battle for Bijela
    Two big European yard groups are going head-to-head in the race to take over Montenegrin shiprepairer Jadransko Brodogradiliste Bijela.
  • Shreyas earnings shredded
    India's Shreyas Shipping & Logistics has fallen to a loss in its third quarter despite higher revenue.
  • Odfjell impaired
    Norwegian tanker owner Odfjell has plunged to a "disappointing" fourth quarter loss after booking an impairment for its Rotterdam terminal.
  • WBULK jumps in Q4
    Western Bulk has reported a strong end to the financial year with a net profit of $7.1m versus the $5.2m seen a year ago.
  • Vroon PSVs extended
    Peterson Den Helder has extended its charter of four more Vroon platform supply ships (PSVs) for another year.
  • Imoto inks green feeder
    Japanese feedership operator Imoto Lines has ordered a containership newbuilding at domestic shipbuilder Kyokuyo Shipyard.
  • Let them eat cape!
    A bulker controlled by Vista Shipping of the Ukraine has emerged as what is widely believed to be the first capesize sold for scrap in 2014.
  • Acquisition boosts SSC
    Singapore Shipping Corp (SSC) has reported a 28.4% jump in third quarter profit on the back of its expansion moves last year.
  • Aker explains fire alarm
    Aker Philadelphia Shipyard is pouring cold water on reports that there was a fire at its shipbuilding facility in South Philadelphia Wednesday morning.

American Shipperweb site
FEBRUARY 13, 2014
  • Report: P3 could impact transit times
  • East Coast storm halts flights, shutters cities, ports
    A massive snow storm slammed much of the East Coast Wednesday and Thursday, shutting down entire cities, transportation systems and governments, as well as ports.
  • Long Beach to test ship emissions-control technology
    The Long Beach Board of Harbor Commissioners has agreed to fund a $2 million pilot test of a mobile, barge-mounted emissions-control system for cargo ships at berth. The new technology would provide an alternative to shore power.
  • New maritime cyber security analyst emerges
    The chief executive officer and founder of the container shipping analyst SeaIntel Consulting, Lars Jensen, has launched a new company focusing on cyber security in the maritime industry.
  • Wilhelmsen measures improved ro/ro volumes
  • Cathay sees decline in January cargo
  • Portland OKs incentive program
  • Proposal to require U.S. ships to carry LNG exports nixed
    Rep. John Garamendi, D-CA, withdrew a proposed amendment to the Coast Guard Reauthorization Bill that would have required all export of liquefied natural gas (LNG) to be carried on U.S.-built, flagged- and crewed-ships.
  • MOL, car carrier affiliate, pay penalty
  • Textainer fleet climbs above 3 million TEU
  • FMC reviews 12 OTI license applications

The Bunker Bulletinweb site
FEBRUARY 13, 2014
  • European prices lack direction
    Supplies for prompt LS tight in Rotterdam, according to reports.
  • Prices soften across Middle East hubs
    But are firm in South African ports.
  • Indian port plan gets extra push
    Government wants the process behind port project to speed up.
  • Cold-corrosion test kit gets results in under 5 minutes
    Monitors corroded iron in cylinder oil.
  • LNG demand will trigger growth
    Russian minister says development in Baltic ports will be based on growing LNG market.
  • Fuel oil stocks down
    Singapore inventories slide after previous week's surge.
  • Coastal owner orders green ship
    Feedership design offers range fuel-saving attributes.
  • Asian bunker market broadly steady
    Tokyo Bay traders warn of potential tight supplies.
  • Gibraltar: Bunker vessels meet with 'incursion'
    Background of tension between Spain and UK.
  • Hybrid scrubber launched in Japan
    Technology combines a freshwater and seawater system.
  • Istanbul player deploys another newbuild
    Energy Petrol has 'youngest bunker fleet' in region.
  • Scrubber effluent treatment system ready for commercial use
    Technology is able to remove more than 99% of petroleum hydrocarbons from effluent, claims maker.
  • WFS profit up
    But quarterly marine segment earnings were down.
  • Chemoil annual profits sink
    Sluggish bunker demand cuts into bottom line.
  • Bunkers International expands Colombia operation
    With a dedicated bunker tanker delivering marine fuel at Covenas.
  • Singapore bunker supplier in joint venture in Malta
    Joint venture will help fulfill 'ambitions in Europe and the Mediterranean in the energy sector'.

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