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Independent journal on economy and transport policy
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November 14, 2014
Sched Netweb site
  • Industry moves to clean house after OW Bunker scandal
  • LA-Long Beach harbour congestion continues to build as crisis mounts
  • Chinese sand carrier sinks after colliding with German boxship off Xiamen
  • Threat of 'indy' truckers strike looms larger at ports of LA-Long Beach
  • RCL back in black, posts US$1.8 million profit despite 8pc revenue decline
  • DHL quarterly profit up 17.3pc to US$582 million, as revenue rises 4pc
  • CEVA profit down 33pc to US$60 million as revenue falls 9.3pc
  • Lower bunker fuel prices are unlikely to impact vessel speeds
  • BNSF quarterly profit up 4.7pc to US$1.03 billion as sales rise 1pc
  • Drewry, CargoSmart boost shipping data intelligence gathering
  • Famous Pacific Dalian moves electric passenger trains to Brazil
  • Maersk to order ten 3,400-TEU low-sulphur, ice-strengthened feeder ships
  • Stena line installs fuel energy saving equipment on 4 more ships
  • Canadian Pacific's Bill Ackman hints at buyout of Norfolk Southern
  • Atlanta to study how to improve Hartsfield-Jackson air cargo performance
  • DHL Express ups frequencies, strengthens intra-Asia cargo network
  • SkyTeam Alliance to gain Garuda Indonesia Cargo as new member
  • Falling fuel prices help air profit, but growing dollar value lessens impact

Exim Indiaweb site
NOVEMBER 13, 2014
  • Baltic sea freight index drops on weakness in large vessel segment
  • Bureau Veritas launches Underwater Radiated Noise notation
  • BVC Brinks launches new logo
  • Maersk Line focusing on sustaining schedule reliability
  • OneMarket announces world's first exchange for ocean containers
  • Recognition for seafarers' welfare
  • Roadwings International bags mobile harbour crane contract at Chennai Port
  • Adani Enterprises' consolidated EBIDTA up 53 pc
  • FTP to make export promotion schemes for services more attractive
  • Govt may trim export duty on iron ore
  • INR remains marginally higher against dollar
  • Maharashtra mulls new policy on SEZs
  • WTO impasse ends with India, US agreement on food stockpiling
  • Eastern Star Awards gets record nominations

International Transport Journalweb site
  • Alle Akteure am Tisch
  • Scania delivering huge number of biodiesel trucks
  • General cargo alliances link up
  • Transporeon adds force to be reckoned with
  • Blue Sky Aviation searching for more freighters
  • Kuehne + Nagel extends front line in Sydney
  • Rickmers bond vaults to EUR 275 million
  • Uni Darmstadt and Deutsche Bahn start research project
  • Hellmann recruits Chinese logistics expert
  • ABC awards Hactl for outstanding service
  • Airbus begins big Lion Air delivery
  • Two IFA members father new Italy/Spain groupage service
  • ICTSI posts star-studded 9M results
  • Fleet growing, usage rate rising
  • US VP says plough money into ports

IHS Maritimeweb site
NOVEMBER 13, 2014
  • Profit warning from Lauritzen, sees tough trading continue
    J. Lauritzen, the Danish dry bulker and liquefied petroleum gas (LPG) carrier owner, warns that its 2014 results will be weaker than earlier forecast due to continued challenging trading conditions that will extend to 2015. The privately owned company whose bonds are listed on the Oslo stock
  • Fall in coal price adds uncertainty to 2015 dry bulk recovery
    The price of coal has fallen to its lowest level for years, mainly due to weak demand from China, which adds concerns about the recovery of dry bulk markets in 2015, shipping analysts at DNB Markets in Oslo said. "A lack of Chinese demand has pushed coal prices to a multiyear low, adding an element
  • DNV GL innovating to improve safety and efficiency in high risk operations
    Dynamic positioning (DP) in the offshore industry takes a lot of power and therefore fuel. It is one reason why operators, seeking alternatives to high fuel bills, have seriously considered dual fuel vessels able to run either LNG or liquid fuel as required. The trend towards diesel electric
  • East African orders cheer ferry-builders
    A "huge surge in passenger numbers" is behind Kenya Ferry Services' quest for two new vessels. KFS has been struggling to meet demand after the government decommissioned two elderly ferries, Mvita and Pwani, in 2012. Passenger numbers have doubled over the past five years and KFS's five ferries now
  • SCI records Q2 net profit of INR185.9M SCI records Q2 net profit at INR185.9M
    India's state-run Shipping Corporation of India (SCI) posted a net profit of INR185.9M ($3M) in the quarter ended September, from a loss of INR1.2M a year earlier. India's biggest ocean carrier has slowly returned to profitability on the back of cost cuts and service restructurings initiated from
  • Odfjell cautiously optimistic amid challenges
    Norwegian tankers-to-terminals business Odfjell has reported further losses but is constantly optimistic about the future. The Bergen-based listed chemical and gas carrier plus tank terminals group noted challenging trading conditions, when reportedly a net loss of $9M in 3Q14. This was smaller
  • Regulatory costs hit DVB
    Shipping and transportation lender DVB suffered an almost 25% drop in its pre-tax profit to €72.6M ($90.4M) in the first nine months of the year. New business activity in shipping and other transport sectors so far this year was ramped up by about 50% to '4Bn in loan volumes while net
  • COSCOL to invest in TOTAL Lubricant China
    Shanghai-listed COSCO Shipping (COSCOL), the special carrier unit of Cosco Group, will take a 20% stake in TOTAL Lubricant China through a subsidiary. Guangzhou Ocean Shipping, a wholly-owned subsidiary of COSCOL, will make the investment in TOTAL Lubricant China in two separate phases, a stock
  • Colombo port gives access to development site
    Sri Lanka Ports Authority said it will open Colombo Port's internal roads to transport five million cubic metres of rock, to avoid traffic congestion in the city, when reclaiming land next to the harbour for the $1.3Bn Chinese-funded 'port city' project. All supplies for the project, just named
  • Indonesia to develop 24 ports in next five years
    Indonesia plans to develop 24 seaports in the next five years, President Joko Widodo said. The President, usually referred to as Jokowi, made his remarks during a visit to Tianjin in China, which is seemingly a template for Indonesian plans. "Yes, we plan to develop 24 seaports in the next five
  • ReCAAP piracy incidents report in October 2014
    The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) reported two cases of siphoning of ship fuel/oil in October 2014, bringing the total number of such incidents to 11 so far this year. ReCAAP's Information Sharing Centre said that it is concerned
  • Swiber profits down $22.9M in 3Q14
    Singapore-listed offshore services provider Swiber Holdings (Swiber) posted a loss of $22.9M in 3Q14 against a profit of $14.5M in the corresponding period last year. Revenue dropped 60.9% to $107.3M at 30 September 2014 from $235M at 30 September 2013. The loss was mainly attributed to the 60.9%
  • KOGAS welcomes US shale gas boom
    The shale gas boom that began in the United States will benefit Korea Gas Corporation (KOGAS), the world's largest LNG importer, according to a panelist at Offshore Korea Technical Conference in Busan, South Korea, today. Si-Ho Ryu, senior researcher at KOGAS said low price and reliability of the
  • China VLCC to take over Nanjing Tanker vessels
    China VLCC, a joint venture between China Merchants Energy Shipping (CMES) and Sinotrans & CSC, will take over four VLCCs operated by Nanjing Tanker. The four VLCCs are identified as 2008-built Yangtze Pearl, 2009-built Yangtze Spring, 2011-built Yangtze Star and 2011-built Yangtze Crown, a stock
  • Swissco profits up 78%
    Singapore-listed integrated marine services provider Swissco Holdings (Swissco) reported 3Q14 net profit year on year increase of 78% to SGD10.4M ($8.08M). "The group has benefited from the acquisition of the rig business of Scott and English Energy, which greatly boosted our financial
  • Potable water rules tighten for ships
    Misunderstood or overlooked requirements are driving up violations of drinking water regulations on ships, according to providers of sanitation systems. Last year's introduction of the Marine Labour Convention's standards for Food and Catering lays down regular documented inspections of drinking

Marine Logweb site
NOVEMBER 13, 2014
  • HHI books $1.94 billion Abu Dhabi offshore contract
  • Imtech systems and hardware aboard LNG hybrid barge
  • New York maritime union votes to merge with IOMM&P
  • Crowley vessels rack up environmental awards
  • Vigor and Jensen to unveil advanced fishing vessel design
  • Obama withdraws controversial Navy nomination
  • New FPSO will be first able to produce hydrogen for fuel
  • EPA provides funding for tugboat repower

World Wide Shipperweb site
NOVEMBER 13, 2014
  • Port of Vancouver nears completion of West Vancouver Freight Access work
  • Last four gates arrive for Panama Canal expansion
  • New Jensen, Vigor fishing vessel on display at Pacific Marine Expo
  • Horizon Lines plans to end service from US to Puerto Rico
  • New instruction manual to provide help for ports to plan infrastructure projects

Lloyd's Listweb site
NOVEMBER 13, 2014
  • Navios Maritime Midstream prices its IPO
    Master Limited Partnership offering of 8.1m units will raise $121.5m
  • Concordia Maritime slides to third-quarter loss
    Hopes remain for full-year profit as product tanker market rates improve
  • Box overcapacity to ease from 2016
    Demand growth and a slowdown in deliveries set to ease oversupply
  • China to double LNG import terminals, boosting shipments
    Significant import requirements as domestic gas production slows
  • Southampton completes $63m dredging project
    Widening and deepening of approach channel allows UK port to welcome world's largest boxships
  • Decline in passengers dents Tallink's third quarter
    Estonian cruise ferry operator posts lower revenues and higher expenses
  • Supreme Court refuses Sovcomflot appeal in Novoship case
    Decision marks end to long-running legal battle
  • HHLA Hamburg volumes suffer from decline in feeder traffic
    But overall revenues and profits increase as higher margin deepsea volumes increase
  • G6 enhances US east coast-north Europe loop
    Charleston call and fifth vessel added to AX1 service
  • Halifax: Small port with big ambitions
    President and chief executive Karen Oldfield talks about ensuring Nova Scotia port stays in the game without a large city on its doorstep to guarantee inclusion in global operators' schedules
  • HSH Nordbank to axe 500 jobs
    One in five positions to go at world number two shipping lender
  • Signs of life on supramax routes
    But don't get too excited, it is unlikely to last, say experts
  • Odfjell upbeat as chemical tanker market improves
    Market improvements, lower bunker costs and cost cutting put positive colour on final quarter
  • DP World plans $2.6bn purchase of Jebel Ali FEZ assets
    Dubai-based port firm seeks to expand and improve profitability
  • CSAV posts third-quarter loss of $35.4m
    Chilean line joins merger partner Hapag-Lloyd in the red

The Journal of Commerceweb site
NOVEMBER 13, 2014
  • Maersk Line says more Triple-E vessel orders likely on the way
    Maersk Line CEO Soren Skou said today the world's largest container line will likely order more Triple-E ships over the next six months. Maersk is planning over the next three years to deploy more mega-ships, namely 18,000 TEU Triple-E vessels, Skou told the Wall Street Journal. The carrier already took delivery...
  • Class I rails draw line on reporting more metrics to US regulators
    WASHINGTON - The seven U.S.- and Canada-based Class I railroads told U.S. regulators they shouldn't have to provide any more data on their operations than they are already sending unless the Surface Transportation Board begins a rule-making process. On behalf of its Class I members, the Association of American Railroads told the...
  • Hanjin slaps $1,000 per container surcharge on West Coast shipments
    Hanjin Shipping levied a hefty port congestion surcharge on shipments to the West Coast of North America to help combat rising costs due to congestion, one of a handful of upcoming surcharges tied to the gridlock that has affected Southern California since September and which has now spread up the...
  • APL suspends shipments from India to Manila as congestion mounts
    Singapore-based ocean carrier APL has temporarily suspended acceptance of shipments from India to Manila, as congestion at the Philippines port shows no sign of wavering. The move follows months-long port clogging problems at Manila, leading to increased vessel turn times and higher operating costs for shipping lines. "Opening up for fresh...
  • Containers help boost profit at Shipping Corp. of India
    A significant turnaround in the liner segment coupled with tight cost controls helped state-owned Shipping Corporation of India report a modest net profit of Rs. 18.59 crore (about $3 million) in its second fiscal quarter, reversing a $20.13 million loss a year earlier. Total revenue from July through September was $178.2...
  • New service to bring more post-Panamax ships to Charleston
    The G6 Alliance carriers have added a call at the port of Charleston on one of its U.S. East Coast-North Europe services, increasing the frequency of weekly post-Panamax vessel calls to the South Carolina port. Beginning in late November, Charleston will be the final East Coast port of call for ships on...
  • LA-LB drayage drivers picketing terminals, drayage offices
    Southern California port truck drivers are picketing six Los Angeles-Long Beach marine terminals and the offices of two drayage companies this morning, but the ports report that cargo-handling is not being affected. The drivers at two harbor trucking companies are protesting what they say is the failure of Los Angeles Mayor...
  • Spot US truckload volume rises year-over-year, rates stable, DAT says
    A 15-month streak of record demand for spot market trucks carried into October, when spot market truckload volumes jumped 25 percent year-over-year, DAT Solutions said. On an annualized basis, spot freight volumes rose for all three equipment categories tracked by the U.S. load-matching service, with load availability for dry vans increasing...
  • HHLA traffic growth stalls on Russia sanctions, but profit, revenue rise
    HHLA's container traffic stalled in the first nine months of the year as Western sanctions against Moscow sharply pulled down feeder traffic from its Hamburg terminals to its key Russian market. But Hamburg's biggest container stevedore saw revenue rise six percent to 906.7 million euros [US $1.1 billion] and operating profit...
  • Hapag-Lloyd sinks into the red on eve of CSAV merger
    Hapag-Lloyd sank into the red in the third quarter on the eve of sealing a merger with CSAV that will create the world's fourth largest ocean container carrier. The German carrier's net loss of 50.7 million euros [$63.4million] in the three months through September contrasted with a 16.6 million euros profit...
  • Truck driver shortages challenge UK, European transport operators
    The British economy is expanding more quickly in 2014, putting more freight on motorways. Trucking or road transport operators in the United Kingdom, however, claim they aren't seeing the profit margins they need to reinvest in their businesses and hire truck or lorry drivers. "It is clear that this increase in...
  • DP World to buy operator of logistics complex adjoining its Jebel Ali Port
    DP World has agreed to buy Economic Zone World [EZW], a company that operates a logistics and industrial complex next to the global terminal operator's flagship Jebel Ali port, for $2.6 billion. Both companies are owned by Dubai World, the Gulf emirate's state-owned holding company that has been reshuffling its assets...
  • Shippers drive up Asia-US air cargo prices as port congestion worsens
    Port congestion on the West Coast has seen higher volumes of ocean freight shifting to air cargo, DHL says.HONG KONG - Shippers of trans-Pacific ocean freight trying to avoid crippling West Coast port congestion are turning to air cargo in such numbers that forwarders report space shortages and prices going...
  • CSAV reports reduced losses ahead of Hapag merger
    CSAV, nearing its merger with Hapag-Lloyd, cut its third quarter operating losses by 24 percent year-over-year but still ended the third quarter in the red, the Chilean carrier announced Wednesday. Compañía Sudamericana de Vapores reported a net profit loss of $35.4 million, 24.2 percent lower than the third quarter of 2013's...

TradeWindsweb site
NOVEMBER 13, 2014
  • LNG on the Yangtze
    China Ocean Shipbuilding Industry Group has joined an initiative aimed at capitalising on rising demand for LNG fuel.
  • ING says 'pay us'
    ING Bank, a major secured lender for OW Bunker & Trading, is urging the collapsed fuel supplier's customers to pay their bills into accounts at the bank.
  • Mixed signals
    The shaky performance of a new master limited partnership IPO from the Navios group is likely to send mixed signals to others hoping to bring MLPs outside of traditional energy sectors.
  • Viking profit down
    Viking Line saw its bottom line slide during the third quarter despite lower bunker prices, which were not enough to prevent operating expenses from rising.
  • Navios MLP seals listing
    Navios Maritime Midstream Partners has emerged victorious in its crusade to raise cash by way of an initial public offering (IPO) in New York.
  • New Chinese alliance
    State giants China Shipping Group (CSG) and China Merchants Group have signed a new cooperation deal to boost their competitiveness.
  • Losses grow at Courage
    Courage Marine has been hit by low fleet utilisation and low demand in the dry bulk market during the third quarter.
  • SCI profitable again
    Shipping Corporation of India (SCI) has returned to profit for the second quarter after a loss-making corresponding period in 2013.
  • Lauritzen loss grows
    Danish shipping group J Lauritzen has posted a bigger loss for the third quarter as revenue fell.
  • Misuga appoints CCO
    Captain Herbert Soanes has been appointed as the new chief commercial officer for Europe and the Americas by the Misuga group.
  • HSH Nordbank axing 500
    German shipping lender HSH Nordbank is to axe 500 workers as part of a cost-cutting drive.
  • DP World splashing cash
    Dubai's DP World has started the process of acquiring a huge logistics park next to the company's flagship Jebel Ali port for $2.6bn - and also said it plans to delist in London.
  • Rem reaps rewards
    Norway's Rem Offshore has pushed up third quarter earnings as revenue jumped.
  • Tallink profit slips
    Several route changes have seen Tallink book a smaller profit for the third quarter as revenue dropped.
  • Fisher tankers busier
    The products tanker fleet of UK owner James Fisher and Sons has enjoyed better utilisation in the latter part of 2014.
  • TTA filling bulker pool
    Singapore-based Thoresen Shipping is inviting supramax and ultramax owners to join a new pool aimed at increasing utilisation and earnings in a bid to push through sector consolidation.
  • Sewol crew appeal
    An appeal has been filed by eight of the 15 surviving crew members convicted of negligence over the sinking of the Sewol ferry in April.
  • Odfjell reports loss
    Norway's Odfjell has posted a loss even though revenue rose during a quarter which saw the formation of a new gas carrier joint venture.
  • Genco heads for big profit
    Resurrected Genco Shipping & Trading is expecting to post earnings of $870.7m for the third quarter thanks to its emergence from a $1.2bn Chapter 11 restructuring in July.
  • DVB cuts credit loss
    German lender says market remains "difficult" in some shipping sectors, but nine-month loan provisions fall.
  • Hapag-Lloyd back to red
    German container line Hapag-Lloyd has returned to the red in the third quarter as interest costs rose.
  • Cargoship abandoned
    All six crew have left an Erik Thun cargoship that was holed in a grounding off Sweden.
  • Koreans mull OW action
    South Korean refining heavyweights SK Energy and GS Caltex are considering legal action against bankrupt OW Bunker.
  • SBM plans MLP venture
    SBM Offshore, the Dutch FPSO specialist, has announced plans to pursue a master limited partnership (MLP).
  • LNG-fuelled LEG ships debut
    Two groundbreaking liquefied ethylene gas carriers designed to use LNG as a fuel will be named in the UK today.
  • ULTR dives into the red
    Ultrapetrol has seen a major deterioration in its financial performance posting a significant loss for the third quarter.
  • CSAV trims Q3 losses
    Compania Sudamericana de Vapores (CSAV) has reported a third quarter loss of $35.4m, in figures released late Thursday.
  • Pac Radiance jumps in Q3
    Pacific Radiance is on track to post strong earnings for the financial year, after delivering robust third quarter results.
  • Hedland strike postponed
    Industrial action by marine engineers operating tugs in Port Hedland set for Wednesday failed to materialise.

American Shipperweb site
NOVEMBER 13, 2014
  • Newsflash: Some carriers pull the trigger on container congestion surcharges
  • Railroad group requests rulemaking on STB data submission
  • West Coast senators ask dockworkers and employers to reach settlement
  • Panama Canal receives final lock gates for expansion project
  • Hanson continues Chicago warehouse expansion
  • Shippers press Capitol Hill for renewed TPA
  • U.S., India make headway on WTO trade facilitation
  • XPO to use Catapult for rate management
  • Hapag-Lloyd expects to close CSAV deal 'in coming weeks'
  • More turmoil at California ports
  • MarAd releases first installment of port investment guide

The Bunker Bulletinweb site
NOVEMBER 13, 2014
  • US subsidiaries of OW Bunker file for bankruptcy
    Three OW Bunker units have filed Chapter 11 petitions in Connecticut.
  • Crude drops as Cushing stocks build
    Supplies climbed 1.7 million barrels to 22.5 million last week.
  • Report: Brightoil reshuffles Singapore trading ops
    Due to the alleged departure of two senior trading heads.
  • Claims from OW Bunker creditors could top $300 million
    Reports say over 100 firms have claims against defunct bunker player.
  • Tech firm in low sulphur fuel hard sell
    Company claiming to have low-cost desulphurising solution keen on finding bunker industry partners.
  • OW Bunker's impact on prices 'temporary'
    Prices for 380 cSt material in Singapore stopped climbing on Thursday.
  • Denmark's bunkering industry 'can get over image loss'
    Other Danish firms could keep part of market share left by OW Bunker, not just locally, says company head.
  • Maersk to pass on bunker savings, says CEO
    But ECA surcharge will have to be met.
  • New bunker contract given green light
    BIMCO's standard bunker terms to be published by year-end.
  • Singapore bunker sales drop 5% year-on-year
    But October sales have climbed month-on-month.
  • Ship released after seven months in detention
    The vessel has a new owner and new name.
  • Ex-OW staff take up free subscription offer
    Employees can get free access to Bunkerworld's information services.
  • Fuel oil: 'The whole market is on a credit lockdown'
    Fuel oil trading has slowed sharply in Singapore following OW Bunker's collapse.
  • Chinese LNG bunkering project wins state support
    Company to add a 'movable LNG refuelling system' along the Yangtze River.
  • South Korean refiners exploring legal action against OW
    Players seek to recoup losses.
  • Russian player sees market share grow
    Stronger bunker sales boosts Gazprom Neft's Q3 results.
  • Malaysian bunker supplier facing smuggling charges
    Company directors are bailed but ship's master confined to vessel.
  • LNG-fuelled 'low emission' gas carriers to reduce 'eco' footprint
    Will cut NOx emissions by over 85%, CO2 emissions by 20% and SOx emissions and soot particles by nearly 100%, says firm.

›››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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