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Independent journal on economy and transport policy
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BRIEFS
May 15, 2014
Sched Netweb site
  • P3 Alliance work to re-think services before unifying network offering
  • Hapag-Lloyd, having swallowed CSAV, widens net loss to US$163 million
  • Hard times, drydock costs put Box Ships US$1.5 million in the red
  • Three Gorges cargo volume hits monthly record 10.33 million tonnes in April
  • Horizon widens quarterly loss 30pc to US$26.3 million as sales fall 3pc
  • Matson profit plunges 167pc to US$3.4 million as revenue falls 0.56pc
  • IMO legal panel okays application of fair seafarer treatment rules
  • Chinese, Vietnamese vessels ram and deploy water cannon in disputed waters
  • PIL to buy slots on US Pacific SW-Australia-NZ Oceania service
  • Sluggish economy slows Pipavav port's box, bulk terminal expansion
  • Taiwan's ever-independent Evergreen sets its own course to growth
  • Tianjin quarterly auto imports up 47.2pc to 118,615 vehicles
  • Brazil's stimulus funds now exhausted, April auto output stagnates
  • Hainan Airlines makes deal with Kenya cargo airline, Astral Aviation
  • KEB Enterprises wraps up acquisition of US cargo carrier Alpine Air
  • American Airlines volume up 12pc to 197.2 million ton miles in 4 months
  • Cold storage facility at airport near Mangalore, India opens
  • Canadian aviation inspectors fear major accident ahead, says survey

Exim Indiaweb site
MAY 14, 2014
  • Allcargo Susheela loads heavy lift & over-dimensional project cargo from JN Port's shallow berth
  • Freight market seen recovering in few months
  • Logistics sector could be worth $ 200 bn by 2020, say analysts
  • Report expects more consolidation as overcapacity impacts container shipping
  • Apparel exports surge by 14 pc in April
  • Onion exports surge on higher unit value
  • Dakshin Bharat Gateway Terminal commences operations at VOC Port
  • Port of New Orleans berths longest container vessel
  • Phase 1 of CONCOR's Vizag multimodal logistics park inaugurated
  • TNT Express appoints Stephen Badger as Managing Director for India
  • Exporters concerned as INR hits 10-month high
  • L&T receives orders worth INR 1,137 cr. in various segments
  • NHAI & NHBF jointly form new mechanism to cut cost
  • NHAI to award road projects worth INR 55K cr. this fiscal
  • RBI likely to allow credit enhancement to support infra bonds

International Transport Journalweb site
  • Azerbaijan Railways renews locomotive fleet
  • IRU and UIC teaming up to reduce accidents
  • UTI opens Houston facility
  • NOL posts first quarter net loss
  • DHL honoured by US Environmental Protection Agency
  • PIA ends service to Leeds/Bradford airport
  • S.T.C. offers new Libyan groupage service
  • CMA CGM appoints new directors to GSL board
  • US air charter company changes majority shareholder
  • Increase in Far East traffic driving growth for HHLA
  • Toll Group opens new freight facility in Queensland
  • Kanalausbau zieht weite Kreise
  • Business as usual again at Zim offices
  • New assistant managing director at Long Beach

Marine Logweb site
MAY 14, 2014
  • White House honors TOTE's Chiarello as Champion of Change
  • Gillnetter has Tier 3 MAN high speed engine
  • GasLog reports on first quarter
  • ABS to class Petronas LNG newbuilds
  • Canada announces new tanker safety measures
  • DNV GL carries out HAZID on methanol fueled newbuilds
  • HII gets $12 million more for DDG 51 follow yard services
  • Thai shipyard's fast patrol craft have crew boat roots

World Wide Shipperweb site
MAY 14, 2014
  • AAPA praises senate committee for release of MAP-21 reauthorization
  • Port Metro Vancouver opening Delta community office
  • Alaska Air Cargo Delivers 9/11 item to Seattle memorial
  • Matson releases numbers for first fiscal quarter of 2014
  • Evergreen celebrates naming of new L-type container ship

Lloyd's Listweb site
MAY 14, 2014
  • Genco seeks to disband equity group
    Chapter 11 case heats up
  • Diana Shipping losses surge 87% to $6m
    Dry bulk operator's chief Palios warns of 'soft market' ahead
  • Is Kenya moving to create a new tanker trade?
    East African nation opens up to oil explorers after first commercial oil discovery
  • Gas shipping's quiet revolution
    Evergas carries the maiden shipment of US ethane to Europe
  • Navios Acquisition buys another very large crude carrier
    New York-listed outfit posts first-quarter loss after impairment charge on older tanker
  • NOL reports $98m first-quarter loss
    Group strives to control costs but takes a hit from weaker box rates
  • UK P&I boosts surplus and cuts combined ratio
    Standard & Poor's restores rating to A (stable)
  • New debt owners could benefit Torm as it works on new restructuring plan
    First quarter hit by $195m impairment following recent vessel sale
  • Menis Karageorgis, former Greek shipowners' president, dies aged 81
    Career spanned about 200 different ships, many of them newbuildings
  • OOCL goes on trial over Courtenay Allan death
    Hong Kong line faces manslaughter case in Le Havre after sons' decade-long campaign
  • ICTSI reports 29% higher first-quarter net profits
    Philippines port giant supported by asset sale and higher volume
  • Zim head office reopens after lockout
    Unions release boxship seized as tensions mount over company's restructuring plans
  • NSB to axe 50 shore jobs
    German shipmanager cites shipping downturn as reason for redundancies
  • Thoresen Shipping goes back to the black for January-March
    Fleet expansion and rate improvement support dry bulk player
  • Ardmore's new tankers boost time charter revenue
    Newly listed chemical and product tanker owner beats analysts' expectations
  • P3 lines will agree individual terminal deals
    Maersk, MSC and CMA CGM nominate a 'lead line' but will hold separate rates talks
  • Firmer VLCC and LPG rates should return tankers to profit, says MOL
    Japanese carrier forecasts market recovery this fiscal year
  • View from the Bridge: Toshiya K Konishi
    MOL's liner president and chief executive explains why he believes the worst is over for the box trades and talks about the fall-out from the MOL Comfort incident

Sea-webweb site
MAY 14, 2014
  • Damen dredger starts work in China
    A Damen-built cutter suction dredger has been pressed into service by Chinese customer CCCC Tianjin Dredging. Qing Jiang was commissioned by Dutch-based Damen Dredging Equipment and was deployed on a maintenance project in the Mao Wei Sea, an inland lake in the south of the country. Damen delivered
  • New UK maritime strategy revealed
    The UK's new National Strategy for Maritime Security was launched and presented at the UK Chamber of Shipping on 13 May. The document outlines the governance structure, which delegates were told should connect across key government departments, to strengthen security in the maritime domain. Stephen
  • GasLog warns of near-term LNG slowdown
    Expansive liquefied natural gas carrier operator GasLog expects short-term LNG ship charter rates to soften further in the second quarter, as newbuilding deliveries outpace available cargoes. This would follow a decline in short-term rates in 1Q14. However, the NYSE-listed company asserted: "We
  • Intellian expands innovation centre in Seoul
    Intellian will increase its production of antenna from Seoul, following the expansion of its facilities by 6,596 m², which will also allow it to carry out research & development of maritime satellite communication and entertainment systems. The newly opened centre has an additional two floors to
  • Diana Containerships slashes dividend
    Diana Containerships has slashed its quarterly dividend by two-thirds, but hinted that it would use the money saved to pursue ship acquisitions. The announcement came as the NASDAQ-listed company posted better-than-expected first quarter results with a net profit of $302,000, or $0.01 per share,
  • DS Torm deep in the red
    Listed Danish product tanker and dry bulk shipping company DS Torm has reported worsening losses following a $195M impairment charge from the sale of 13 ships that was close to the $200M ceiling it expected. Group net loss amounted to $222.6M in 1Q14, compared with a loss of $16.3M in the same
  • TTA's 2Q profit rockets 183%
    Thoresen Thai Agencies' net profit for 2Q14, rocketed 183% year-on-year to THB183M ($5.6M). Revenues rose a rose to THB4,902M. These are the best second quarter figures since 2008, the company said in a statement today. Strong performance has been driven by continued profitability in three out of
  • Ship pollution levy cut
    Shipping Australia has welcomed the government's announcement that it is abolishing a top up to the Protection of the Sea Levy as part of the 2014 federal budget announced on 13 May. The levy will drop from AUD0.14 ($0.13) per net registered tonne to AUD0.11 from July 1. Following the massive excess
  • Prosecution summons Chonghaejin owner
    Yoo Byung-eun, owner of Chonghaejin Marine, operator of the ill-fated Sewol ferry has been summoned by South Korean prosecutors. Incheon District Prosecutors' Office announced in a statement on 13 May that it told Yoo Byung-eun to show up at the Prosecutors' Office by 10.00 South Korea time on 16
  • ICTSI 1Q profit up 29%
    Philippine port operator International Container Terminal Services, Inc. (ICTSI) said today that 1Q14 profit rose 29% year-on-year to $52.4M. The higher net income was mainly due to a one-time gain on the sale of a non-core asset. In January, ICTSI sold Cebu International Container Terminal, Inc., a
  • Sewol search interrupted this morning
    The search for the still-missing victims of the capsized ferry Sewol was interrupted this morning. Following the discovery of two bodies this morning, the tidal currents became too strong for rescue workers to continue searching, said South Korea's Ministry of Oceans and Fisheries. South Korean
  • JOSCO expands bulk carrier fleet
    Jiangsu Ocean Shipping is expanding its dry bulker fleet at prudent pace with recent newbuilding order for two 61,500dwt bulk carriers. The pair will be built at Nantong COSCO KHI Ship Engineering or NACKS, said JOSCO deputy general manager Sheng Chen today at the Asia Shipping Fortune forum in
  • South Korea's Big Three make progress on targets
    South Korea's Big Three shipbuilders are progressing well towards reaching their targets of order wins, based on their 1Q14 figures, according to financial investment company Samsung Securities. Analyst Han Young Soo based his Samsung Securities review on visits to Hyundai Heavy Industries (HHI),
  • Weak Atlantic business puts pressure on Supramax rates
    South America's grain season has not boosted the Supramax market because Chinese buyers are defaulting on cargoes, brokers and chartering managers told IHS Maritime today. The Baltic Exchange assessed the West Africa via EC South America to Singapore-Japan rate at $11,783/day yesterday, down by $167
  • Vietnam condemns China oil exploration in disputed waters
    Vietnam has accused Chinese ships of ramming its patrol vessels and using water cannon in a dispute over oil exploration. The China Maritime Safety Administration has approved oil exploration in the South China Sea, around 16nm south of Triton Island, the most southwesterly of the disputed Paracel
  • VLGC freight rates continue to slide
    LPG freight rates for very large gas carriers have continued to slide. The Baltic Exchange yesterday assessed the rate on the benchmark Arabian Gulf-Asia Pacific route at $85.375/tonne, equating to $68,097/day at current bunker prices in Fujairah. Norwegian broker Lorentzen & Stemoco said in its
  • RMB FFA transactions reach $81M in March
    The Chinese yuan denominated freight forward agreement (RMB FFA) has recorded transactions of a total of 7,416 lots with a value of CNY499M ($81M) as of 31 March, 2014, since its launch in December 2012. The financial derivatives based on Baltic Exchange's indices are the first shipping financial
  • Kim Heng benefits from strong offshore demand
    Singapore offshore services provider, Kim Heng Offshore & Marine Holdings, has secured forward commitments with estimated value of over S$40M ($31.9M) for FY2014, buoyed by the robust outlook for the offshore oil and gas industry. The firm's 1Q14 result revealed more telling signs as revenue grew by
  • Indonesia tweaks limits on foreign investment
    The Indonesian government has changed the composition of foreign investment in the country's transportation and energy sectors. The government has issued Presidential Decree No. 39 of 2014 to raise foreign and domestic capital investment activities in Indonesia within the framework of implementing

The Journal of Commerceweb site
MAY 14, 2014
  • JOC Survey Suggests Widespread Diversions Due to ILWU Talks
    JOC Survey Results Full-size image Two-thirds of shippers who participated in a JOC survey this week plan to divert at least some cargo away from U.S. West Coast ports to avoid disruption that could emerge from contract negotiations between the International Longshore and Warehouse Union and West Coast employers. Negotiations began on May...
  • A Glimmer of Good News in DC Highway Funding Debacle
    WASHINGTON - There's plenty of bad news coming from Washington when it comes to long-term highway funding. With the federal Highway Trust Fund, the main engine of highway construction, set to dry up as soon as late August, states are already shelving long-term projects. In other words, trucking companies shouldn't...
  • Early Progress in Efforts to End Vancouver Port Congestion
    Port Metro Vancouver is capitalizing on a lull in cargo activity before the peak-shipping season begins this summer to implement key aspects of the most ambitious effort in North America to improve truck turn times. Canada's largest port has returned to normal now that striking truckers are working again and spring...
  • Truck Driver Coercion Rule Puts Spotlight on Shippers, Supply Chains
    For years, truck drivers have complained about being pushed by dispatchers and others to violate federal regulations to meet unrealistic delivery deadlines. Soon, truckers may have a way to push back. A proposal published in the May 13 Federal Register targets "coercion" against truckers and would hit offenders - including motor...
  • US-Mexico Truck Pilot Just One Obstacle to NAFTA 2.0
    WASHINGTON - A key report from the Federal Motor Carrier Safety Administration this fall will go a long way toward determining how committed politicians and business leaders are to taking the North American Free Trade Agreement to the next level. The FMCSA, the Department of Transportation agency responsible for regulating safety...
  • Drewry: Asia-US Rates Stagnant
    The Drewry benchmark rate for shipping from Hong Kong to Los Angeles was flat again in the week of May 14. Full-size chart The Drewry benchmark rate for shipping from Hong Kong to Los Angeles was flat again in the week of May 14, but the analyst expects a brief uptick following...
  • TPM 2014 Sponsored Video: FedEx Trade Networks 2
    FedEx Trade Networks' Janice Prezzato, managing director, marketing and customer experience, discusses customer expectations for international freight forwarders and the value of measurements and transparency....
  • Put Down the Duckie!
    Satish JindelPeople familiar with the children's show Sesame Street may remember the song, "Put down the duckie if you want to play the saxophone." The same advice applies to many less-than-truckload carriers that are still pulling 53-foot trailers, thinking "bigger is better" and wondering why profit margins aren't growing. To improve...
  • Reefers on Barges? You Bet, in California
    Meat and produce exporters looking to bypass California's 22-metric-ton weight limit on over-the-road shipments soon may be able to ship overweight containers to the Port of Oakland by barge. A businessman who owns a cold storage facility at the Port of Stockton says he's prepared to pay for reefer plugs on...
  • US Containerized Exports Continue to Slide
    U.S. containerized exports slipped 0.5 percent year-over-year in March. Full-size chart U.S. containerized exports edged down 0.5 percent year-over-year in March to 1,075,428 TEUs, the second consecutive month of declines, according to preliminary figures from PIERS, the Data Division of JOC Group. The first quarter of 2014 saw a 2.8 percent decline in...
  • Doubts Expressed on LNG As a Container Ship Fuel
    The widespread use of liquid natural gas (LNG) to power the main engines of container ships is a long way off, believes Seaspan co-founder and CEO Gerry Wang. That is in contrast with a growing view that due to its environmental benefits and at least currently lower costs versus fuel...
  • US Ports Take Market Share From West Coast Competitors
    Port of Los AngelesIn a down market, U.S. ports outpaced their Canadian and Mexican rivals during the first quarter, with solid growth at Los Angeles offsetting a drop at neighboring Long Beach and lifting the Southern California port complex further above its competition. The volume of all containers handled by North...
  • Barcelona's Auto Trade on a Roll
    Three trains a day travel between the SEAT plant and the Port of Barcelona.BARCELONA, Spain - In the middle of the rolling coastal mountains near this Mediterranean seaport a huge auto plant sprawls across an area equivalent to 400 fields for soccer, or "football," as it is called here. The...
  • MSC Moves to Bigger Antwerp Terminal to Handle Extra P3 Traffic
    Mediterranean Shipping Co. is consolidating all its activities in Antwerp in a single terminal and quitting its current facility more than 15 years before its concession expires to handle an expected increase in traffic when it launches joint services with Maersk and CMA CGM in the P3 Network. The Antwerp Port...

TradeWindsweb site
MAY 14, 2014
  • DCIX downgraded
    A leading Wall Street equity analyst has downgraded shares of Greek operator Diana Containerships (Diana).
  • Diana remains red
    Diana Shipping remained in the red for the first quarter but its performance edged ahead of expectations.
  • Navios nets VL
    Angeliki Frangou's Navios Maritime Acquisition has confirmed its second VLCC purchase in as many months.
  • Nobu Su dreams on
    Asian shipowner Nobu Su is pressing ahead with plans to convert tankers into FPSOs and FLNGs, despite a US bankruptcy judge ruling against the move.
  • NNA a penny short
    A writedown on the scrapping of a VLCC contributed to a first quarter loss at Navios Maritime Acquisition.
  • RCL loses less
    Thailand's Regional Container Line (RCL) has reduced its deficit in the first quarter as revenue grew.
  • Finance curtails Farstad
    Financial costs have kept a lid on profit at Norway's Farstad Shipping, despite revenue reaching NOK 1bn.
  • GasLog falls short
    GasLog has fallen short of Wall Street expectations in the first quarter.
  • KNOT Offshore prospers
    New York-listed KNOT Offshore Partners has turned loss to profit in the first quarter as revenue grew.
  • Greeks mourn Karageorgis
    Aristomenis (Menis) Karageorgis, former head of Karageorgis Lines and president of the Union of Greek Shipowners (UGS) from 1981 to 1984, has died at the age of 81.
  • GSI to swallow yards
    China State Shipbuilding Corporation (CSSC) is planning to transfer yard assets to Guangzhou Shipyard International (GSI) as part of its reorganisation.
  • NOL reduces loss
    Singapore's Neptune Orient Lines (NOL) has cut its loss in the first quarter as it continues to focus on costs.
  • HHLA volumes rise
    German terminals group Hamburger Hafen und Logistik (HHLA) has revealed a rise in container throughput in the first quarter.
  • Kuribayashi falls
    Japan's Kuribayashi Steamship has logged a lower profit in the year to 31 March, despite rising revenue.
  • Azuma on the up
    Japanese owner Azuma Shipping has pushed up annual earnings as revenue increased.
  • Torm hunts waiver
    Torm has expressed confidence at achieving a waiver on debt of over $1.6bn from its traditional bank and hedge fund lenders.
  • Ceyhan exports rise
    Azerbaijan's state oil company Socar said it has shipped 9.7% more crude from the Turkish port of Ceyhan in April.
  • Four more for Split
    A Norwegian consortium has ordered four new heavy-cargo barges at Croatia's Brodosplit shipyard.
  • Turku talks speed up
    Finland's economy minister Jan Vapaavuori has said the country's efforts to buy the Turku yard from STX should move into the "next phase" within a matter of weeks.
  • Thoresen keeps improving
    Thoresen Shipping has built on its impressive start to the year with a strong second quarter, figures released Wednesday show.
  • Boxship demo surge
    The embattled liner sector is set to see a record amount of containerships scrapped this year, according to Alphaliner.
  • ODC and DSME eye LNG
    Oman Drydock Company is teaming up with DSME in an effort to secure more LNG vessel repair work.
  • Triple Bintan attack
    Three vessels were attacked within the space of a week off the Indonesian island of Bintan, according to security consultants.

American Shipperweb site
MAY 14, 2014
  • DHL envisions brave new logistics world
  • Zim says operations are back to normal
  • WRRDA to direct more money for dredging
    The bill provides appropriators and the U.S. Army Corps of Engineers with spending guidance for improving harbor channels and inland waterways for commercial traffic, as well as flood-control and environmental mitigation.
  • UTi expands work with oil and gas sector in Houston
  • Zim announces changes in U.S.-Mediterranean services
  • Brewer out as CEO at JDA
    Baljit Dal will replace Hamish Brewer as JDA's interim chief executive officer. No reason was given for Brewer's departure. He's spent the past 20 years with JDA, including more than a decade as its CEO.
  • NOL reports Q1 loss on weak freight rates
  • Commerce unveils next phase of National Export Initiative
    Secretary of Commerce Penny Pritzker announced the next phase of the government's National Export Initiative, a data-based, customer service-oriented initiative to help businesses capitalize on demand from foreign markets.
  • Sea Star to use Tideworks operating systems in Jacksonville, San Juan
  • Canada introduces new tanker-safety measures
    Canada's transport minister announced the new proposals, offered up by the Tanker Safety Expert Panel, one year after the Canadian government first issued proposals to beef up its tanker security.
  • U.S. satellite exports move to Commerce Control List
  • New Broad Street service aimed at helping small companies double exports
  • FMC reviews 49 OTI license applications
  • Executive moves

The Bunker Bulletinweb site
MAY 14, 2014
  • Ultra-steam turbine propulsion systems '15% more efficient'
    ABS awarded contract to classify two 'innovative' LNG carriers.
  • Mid-week bunker prices firming
    Prices made gains in the major European ports.
  • Prices firm in Fujairah
    Avails 'fair' in Middle East hub.
  • 'Incredible' savings possible from fuel efficiency
    Top executive believes industry will follow Maersk's lead on cost control.
  • Singapore bunker sales at their highest level for two years
    Volumes up 20% month-on-month.
  • Class society explores saftey risks of 'methanol-fuelled tankers'
    'We're working with all parties to make improvements and safety recommendations early in the design phase.'
  • NOL books quarterly loss
    But says its making progress on controlling costs, including bunkers.
  • Cruise vessels will meet 'strict environmental regulations'
    Ships will use engines hybrid engines and be equipped 'to minimise exhaust pollution'.
  • Marseilles: Annual bunker sales down
    Marginal fall seen but sales hold steady at over 1 million mt.
  • Midweek bunker prices spot upward trend in Asia
    Supplies of marine fuels fine at key Asian ports.
  • Sulphur compliance alliance meeting announced
    Trident Alliance initiative aims to bring about robust enforcement of sulphur regulation.
  • Yarmouth harbour completes bunker spill exercise
    Scenario revolves a vessel spilling 1,500 litres of fuel oil.
  • US Navy vessel receives bunkers in Georgia
    Vessel has received fuel from local supplier through a US-based contractor.
  • Heavylift firm adds modern newbuilds to fleet
    Orders 15 fuel-efficient vessels from Chinese yards.
  • LNG bunkering: Alternative to bunker barge mooted
    Solution would suit ports with low and infrequent demand for LNG.

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