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BRIEFS
November 17, 2014
Sched Netweb site
  • TSA applies congestion surcharges for US west coast ports November 17
  • Asia-Europe Shanghai index spot rates plunge 20.5pc to US$934/TEU
  • Bunker men expect ships to fuel in Hong Kong after Singapore scandal
  • West coast employers ask dockers to end go-slows and extend contract
  • Last four lock gates arrive to complete expansion of Panama Canal
  • ESC wants to minimise 'unacceptable' congestion surcharges
  • Yang Ming back in black, returns to profitability if first 9 months
  • HHLA Hamburg volumes flatten, fewer feeders call, Russian woes cited
  • Merchant of Milan: Eligio Oggionni looks at forwarding then and now
  • Kuehne + Nagel expands in Australia with new warehouse in Sydney
  • England's Teesport to add 3 Kalmar reachstackers, empty box handlers
  • TNT in Bangladesh to train fresh graduates from American Uni of B
  • Changi Airport expresses optimism despite experiencing flat cargo year
  • SMEs in Hong Kong cautious on global air trade outlook, DHL

Exim Indiaweb site
NOVEMBER 16, 2014
  • ABG Shipyard impacted by shipbuilding slowdown
  • Allcargo Logistics posts impressive results for Q2 & H1
  • GE Shipping's net up by 29 pc
  • Pharmaceutical industry confirms visible & flexible supply chains as most important logistics trends
  • SCI registers profit for third consecutive quarter
  • St. John Freight Systems ICD gets AEO certification
  • WISTA's Sumi Sahi now part of AMTOI's extended Board
  • Palm oil imports plunge by 4.1 pc; first fall in four years
  • Project exports to increase to $ 50 bn in five years: Exim Bank
  • DP World proposes acquisition of Economic Zones World FZE in Dubai
  • Essar Ports' Q2 net profit up 4 pc
  • GMB directs ships to carry Indian nautical charts
  • CCHAA & NACFS discuss key points related to CFSs & CHAs
  • Adani Enterprises to go ahead with plan to build coal mine in Australia
  • Capital goods help rate of industrial growth to bounce back by 2.5 pc in Sept.
  • Company set up for TAPI pipeline project
  • Forex reserves drop by $ 778.4 m to $ 315.13 bn
  • Govt to review 80:20 scheme as gold imports shoot up
  • India wants greater market access in Russia
  • INR ends at 1-month low of 61.72 against dollar
  • Moody's says India's growth to be "sustained & robust"
  • Stop imports of cheap steel from China, urges ISA

International Transport Journalweb site
  • Latvian State Railways goes for Rolls Royce
  • Top executive to lead port expansion in Stockholm
  • Ukrainian Railways undertaking massive repair programme
  • Europa Worldwide creates one virtual office
  • More freight for Indian Railways
  • Misuga Group coaxes captain out of bank
  • London out, Dubai in
  • AF-KLM-Martinair Cargo beating the heat in Cairo
  • Hamburg Süd chooses Eurogate
  • Transworld targets growth with new MD
  • Rhenus: topping out in Schaffhausen
  • Terrafirma invests in new trucks
  • Emirates back to Erbil
  • CaroTrans reacts to US west coast issues

IHS Maritimeweb site
NOVEMBER 14, 2014
  • Tallink's CEO resigns
    Tallink's CEO, Enn Pant, will leave his post as CEO of Tallink, the Estonian ferry company, at the end of 2014. His replacement is CFO Janek Stalmeister, who comes from within Tallink Grupp. Pant will be elected to the Tallink Grupp board and is likely to assume the chairmanship because he controls
  • Suez Canal security boosted after Damietta attack
    Ships transiting the Suez Canal are being shadowed by military helicopters in response to Wednesday's attack on a naval patrol vessel off Damietta, Egypt. Turkish paper Haberler quoted a military source saying that border guards had increased security co-operation with the Suez Canal Authority and
  • Indian Ocean islands bank on bunkering bonanza
    Mauritius and Seychelles are both planning to grab a bigger share of the Indian Ocean's booming bunkering market. Mauritius is positioning itself as a regional hub able to offer bunkers at lower prices than neighbouring countries. In 2013 1,500 vessels took on 270,000 tonnes of bunkers in Port
  • Ambrey Risk 'doubling' focus on maritime security
    More signs of the pressure under which the maritime security industry is currently placed were evident this week with sale of Drum Cussac's maritime transit security division to Ambrey Risk. Speaking to IHS Maritime today, John Thompson, senior adviser for Ambrey Risk, said the stresses of the
  • European dredging groups aim to break US ban
    A former US ambassador to Belgium has advised European dredging groups to present themselves as construction contractors rather than shipping companies as a means of getting access to the US domestic market. European Union dredging groups are barred from the US domestic market by the Jones Act and
  • Hapag-Lloyd losses climbing
    German container line Hapag-Lloyd saw its net result deteriorate further during the third quarter despite efficiency-raising measures and increased carryings. The company posted an operating profit of €33.1M ($41.2M) for the July-September period, down by 50% from the corresponding period in
  • Great Eastern Shipping records 2Q net profit rise
    Great Eastern Shipping Co, India's largest private ocean carrier, has posted a net profit after tax of INR2,066.40M ($33.6M) for the quarter ended 30 September 2014 compared with INR1,606.30M a year earlier. The Mumbai-based firm, which runs a fleet of 54 ships, said its revenue for the quarter
  • Gard explains network consolidation
    P&I and marine insurer Gard has announced that it will concentrate its activities in the Nordic marine insurance market at its Norwegian home base, terminating local operations in Sweden in 2015. Speaking at the Gard members and brokers evening in Hamburg on Thursday, chief executive officer Rolf
  • DP World to delist in London
    DP World has announced its intention to delist from the London stock market, where its shares barely trade and focus instead on the emerging Nasdaq Dubai exchange, where it also has a listing. The port operator explained that 99% of its shareholders hold stock via the Dubai listing. A statement by
  • Clarksons in talks to acquire RS Platou
    Clarksons, the London shipping services group, has announced that it may acquire all the issued share capital of Platou, the Norwegian shipping and offshore services company. "Given the complementary activities, in terms of geographic locations, operations and industry specialisation, the boards of
  • South Korean suppliers to offer 0.10% LSFO
    South Korean suppliers are slated to begin offering 0.10% low sulfur fuel oil (LSFO) supply beginning mid-November, according to Platts. SK Energy will take the lead in offering LSFO, with S-Oil, Hyundai Oilbank and GS Caltex following in December. South Korea's refiners are expected to produce
  • ASEAN Summit: More can be done for ASEAN shipping
    Maritime leaders said today that effort is still needed to realise the goal of a single ASEAN shipping market, although they agreed good progress has been made. They were commenting on opportunities for shipping from the ASEAN dream of creating an ASEAN Economic Community (AEC), just as the 25th
  • Terminal and port key to large container success
    The performance of terminals and ports is critical to achieving benefits of mega-size container ships, said a sector analyst today. Speaking at the Busan International Port Conference in South Korea today, Drewry director and head of maritime adviser Tim Power told delegates that liner economics
  • Eight Sewol crew members file appeals
    Eight of the 15 surviving crew members of the South Korean ferry Sewol are appealing against their convictions on negligence charges. The eight, who had been given prison sentences ranging from five to 30 years, filed their appeals on Thursday, according to a Reuters report. The captain was
  • Australia bans dredge dumping near Great Barrier Reef
    Australia this week adopted a bipartisan policy banning the placement of any capital dredge material off the coast near the Great Barrier Reef. "The ban on capital dredge spoil being dumped in the World Heritage Area is an immediate measure that will reduce the pressure on the Great Barrier Reef,"
  • Courage Marine losses up 271% in 3Q14
    Singapore-listed Courage Marine's losses surged 271% year on year to $2.3M in the third quarter ended 30 September on slumping revenues. Revenues fell 48% y/y to $2.6M during the same period due to lower fleet utilisation, a stock filing of Courage Marine said yesterday. In addition, the company's
  • SSA: No disruption in Singapore bunker supply
    The Singapore Shipping Association (SSA) has given a vote of confident to the industry that no report of disruptions to bunker supply and bunkering operation has occurred in Singapore. "The bunkering industry here is a well-regulated one. While I urge my members to seek professional and legal
  • ASL Marine profits down 79.4%
    Singapore-listed offshore services provider ASL Marine posted 1Q15 earnings, down by 53.8% year on year to SGD68.5M ($53M). Profits for the first quarter that ended 30 September 2014 (1Q15) dropped 79.4% to SGD2.7M from SGD13.1M in 1Q14. The decrease was primarily due to lower revenue generated

Marine Logweb site
NOVEMBER 14, 2014
  • Swedish operator orders LNG fueled ferry
  • Tsakos takes helm at Intertanko
  • Court rules against Shell in Arctic drilling case
  • Gladding-Hearn books pilot boat order
  • Conrad reports third quarter results
  • Clarksons eyeing Platou acquisition

World Wide Shipperweb site
NOVEMBER 14, 2014
  • Freight transport services index gains ground during September
  • Alaska Airlines to add flights between Sea-Tac, Dulles Airport
  • Crowley vessels earn honors for years of safe operations
  • US rail freight traffic climbs during week
  • New York-area vessel operators to join Masters, Mates and Pilots union

Lloyd's Listweb site
NOVEMBER 14, 2014
  • JadeWeserPort pitching to win Chinese carriers
    German politicians meet Cosco and China Shipping on trade mission
  • Record price drop on Asia-Europe routes
    Freight rates fall 20.5% to $934 per teu on key trade
  • Expanded Panama Canal to open in first quarter of 2016
    New work schedule sees completion date pushed back to 2016, says Canal Administrator Quijano
  • Maersk and Evergreen bosses urge lines to stick with slow steaming
    Carriers should resist the temptation to speed up ships as fuel prices fall, say Skou and Hsieh
  • Bankers predict further delays to shipping recovery
    Money men gloomy on dry bulk in particular, poll finds
  • ESC's new maritime chairwoman calls for greater alliance monitoring
    Speaking to Lloyd's List for the first time since her appointment, Anne Lexelius calls for greater scrutiny of the impact of alliances on services
  • Platou's London brokers cold on Clarksons deal
    Potential deal highlights divisions over whether shipbrokers should be public or private companies
  • Wan Hai quadruples net profit
    Taiwanese box carrier posts strong performance for January-September
  • US port employers call for temporary labour deal as west coast negotiations continue
    PMA says contract extension will give shippers and consumers confidence for the Christmas period
  • Evergreen Marine flips to the black in January-September
    Taiwanese container line reduces costs while receiving large-size vessels
  • Week on Wall Street | November 14
    Crisis? What Crisis? Shipping is no longer distressed
  • Capes make their last stand
    After a bold sortie in the second half of October, the cape market appears to have dropped away
  • Navios' newest MLP fails to inspire
    Company's move to price deal below pre-marketing targets met with muted investor reaction
  • Hanjin Heavy Industries wins 1,900 teu reefer order
    South Korean yard to build two ships at $34.1m apiece

The Journal of Commerceweb site
NOVEMBER 14, 2014
  • Near-record volume is main driver of LA-LB congestion, study finds
    The deterioration in truck turn times at the ports of Los Angeles and Long Beach the past six months was due primarily to near-record container volumes at the ports. Chassis shortages, a truck capacity crunch, labor slowdowns and a half-dozen other events were simply irritants that made the problem worse. "There...
  • Huge surcharge push by carriers to offset West Coast congestion costs
    Evergreen container ship at the port of Los Angeles.Multiple container lines operating in the trans-Pacific lane have plans to implement some of the largest port congestion surcharges ever - up to $1,000 per 40-foot container - on cargo moving via U.S. West Coast ports, signaling the extent to which carriers...
  • New China infrastructure bank to support "Maritime Silk Road"
    A new China-based development bank and separate infrastructure fund, created by Chinese government to reinforce its trading relationships in Asia and Europe, is being seen as a major new funding source for port expansion. China's so-called "Silk Road" initiatives, including the Silk Road Economic Belt and the 21st century Maritime Silk...
  • NY-NJ considering ways to cut truck congestion
    The Port Authority of New York-New Jersey will spend the next four months finding out from shippers, carriers and other port users how to reduce truck transport across the Hudson River and New York Harbor. The port authority and the Federal Highway Administration are evaluating 11 alternatives, including building a rail...
  • Diversions from West Coast expected after Panama Canal expansion
    A just-released study commissioned by the Pacific Maritime Association argues that West Coast ports stand to lose significant volumes of cargo in the years following the Panama Canal expansion due to lower freight rates that will be offered on all-water Asia to East and Gulf coast services. The study estimated that...
  • Con-Way terminal in New Hampshire rejects Teamsters
    Employees at a Con-Way Freight facility in Manchester, New Hampshire, yesterday rejected calls to join the Teamsters union in National Labor Relations Board elections. Employees at the less-than-truckload company voted 29 to 15 against union representation. The vote came after employees at two Con-Way Freight terminals in Santa Fe Springs and...
  • How will Horizon's exit affect the Puerto Rico trade?
    Horizon Lines' exit from the U.S mainland- Puerto Rico trade routes later this year could give the ailing Jones Act lane some much-needed stability by allowing the three remaining major carriers to raise rates. The trade lane between Jacksonville, Florida, and San Juan, Puerto Rico - the route for most container...
  • Ocean carrier rate revision roundup for Nov. 14
    Multiple container lines have planned general rate increases in numerous trade lanes in November and December, although any gains achieved could be temporary as overcapacity and sluggish global demand continue. Asia-Europe OOCL aims to increase rates on cargo from the Far East, excluding Japan, to North Europe, the Mediterranean and the Black...
  • McKay TransCold ends reefer rail service, citing cross-dock issues
    A refrigerated rail provider has ended operations only five months after launching boxcar services between Selma, California, and Wilmington, Illinois, sending perishable shippers scrambling for transportation alternatives. McKay TransCold ended its two weekly services Nov. 1, citing inadequate cross-dock operations provided by an undisclosed logistics provider. While McKay did have to...
  • Criminal behavior in trade?
    Many trade associations are grappling with declining membership, in part because of the absence of pressing issues grabbing industry-wide attention - export reform and the rollout of the Automated Commercial Environment, notwithstanding. A quite different phenomenon is occurring in the expansion of criminalization of civil violations. Two recent cases serve as...
  • Freight forwarding lifts profit at India's Allcargo Logistics
    Freight forwarding and logistics services growth fueled a 51 percent year-over-year increase in Allcargo Logistics's consolidated net profit in its the fiscal second quarter, which ended Sept. 30. Second-quarter net income at the Indian logistic provider rose to Rs. 63.83 crore (US $10.4 million) from Rs. 42.12 crore ($6.9 million) for...
  • Clarksons in talks to buy rival shipbroker Platou
    Clarksons, the world's largest shipbroker, is in talks to acquire its Norwegian rival RS Platou as the consolidation of the maritime services sector gathers pace "Given the complementary activities, in terms of geographic locations, operations and industry specialisation, the boards of both Clarksons and Platou believe the enhanced offering of the...

TradeWindsweb site
NOVEMBER 14, 2014
  • DB endorses TNK
    A leading equity analyst has upgraded shares of Teekay Tankers based on a bet that the operator is poised to cash in on rising demand in the months ahead.
  • ISC seals COA
    A leading US utility has renewed a contract-of-affreightment (COA) with International Shipholding Corp (ISC).
  • Clarksons-Platou: who wins?
    A deal for London shipbroking giant Clarksons to buy Norwegian rival RS Platou could be a rare thing in the world of mergers & acquisitions: a deal where everyone wins. Well, everyone inside at least.
  • Live after death?
    A slump in success for shipping in the capital markets this year has led one analyst to question if investors need to update their musical preferences.
  • Snow stacks up shares
    Investor reveals a near $120m holding in US offshore shipowner, Tidewater.
  • POSH takes Mexican hit
    PACC Offshore Services Holdings (POSH) has taken a hit from its joint ventures in Mexico and saw its profit slip during the third quarter.
  • Great Eastern stronger
    Indian tanker and bulker owner Great Eastern Shipping has increased earnings in the second quarter as revenue improved.
  • Coscol buys into Total
    China's Cosco Shipping Co (Coscol) is investing $76m in the restructuring of Total Lubricants (China).
  • Yang Ming ups earnings
    Taiwan's Yang Ming has posted higher third quarter profit as revenue grew faster than operating costs.
  • Gotland inks new LNG ferry
    Sweden's Rederi AB Gotland has signed a deal with Guangzhou Shipyard International (GSI) in China for a new LNG-fuelled ro-pax.
  • Fulford split taking shape
    Richard Fulford-Smith expresses support for Clarksons' deal with Platou as his exit plan is outlined.
  • Rimau buys OSG VLCC
    Rimau Shipping of Singapore has snapped up a veteran OSG VLCC for petrochemicals storage work in Asia.
  • SSA joins "calming voices"
    The Singapore Shipping Association (SSA) has joined the Maritime and Port Authority (MPA) in calming fuel fears over the OW Bunker bankruptcy.
  • Farstad earnings fall
    Norwegian owner Farstad Shipping has recorded a drop in third quarter earnings as financial costs rose.
  • Essar loss widens
    VLCC and bulker owner Essar Shipping has posted a bigger loss in its second quarter despite higher revenue.
  • Tsakos takes the reins
    Intertanko members have voted in Nikolas Tsakos as its new chairman.
  • Clarksons plans to buy Platou
    Clarksons is lining up a takeover of Norwegian shipbroker RS Platou.
  • Hanjin wins box duo
    Korea's Hanjin Heavy Industries said on Friday it has won a contract to build two containerships for KRW 74.93bn ($68m).
  • Gas gamble
    We take a look at what was said in the market over the past week.
  • Otto profit drops 51%
    Otto Marine has seen its third quarter net profit slashed in half due to a lack of vessel disposals which boosted the year ago figures.
  • OW Bunker files in US
    Denmark's OW Bunker has placed its US subsidiaries in Chapter 11 bankruptcy late Thursday, court filings show.
  • Epic Gas stays in the red
    Epic Gas has posted a third quarter loss of $3m as higher operating costs ate into its increased revenue during the quarter.
  • DOF Subsea boosts backlog
    DOF Subsea has secured what it describes as "multiple contracts" which together are worth around NOK 400m ($59m).
  • DOF down one third in Q3
    DOF has reported a deterioration in its third quarter results with the possibility of worse to come in the final quarter.

American Shipperweb site
NOVEMBER 14, 2014
  • NEWSFLASH: FMC questions carriers' ability to impose surcharge on in-transit cargo
  • Elliott nominated for second STB term
  • ACI's carbon program goes global
  • AAR: Rail traffic increasing
  • Cargolux volumes soar in October
  • FMC reviews 17 OTI license applications
  • CaroTrans: Congestion prompting alternative routing for exports
  • Strike by port drayage drivers continues at ports of L.A.,Long Beach
  • Weekly GRI roundup
  • Some carriers pull the trigger on container congestion surcharges

The Bunker Bulletinweb site
NOVEMBER 14, 2014
  • Report: OW Bunker investors contact Belgian law firm
    Firm claims to be in touch with roughly 15-20 investors that may seek legal action.
  • Fresh concerns about manner of OW Bunker's IPO
    Investors were not told about company's Singapore subsidiary Dynamic Oil Trading.
  • HSFO desulphurisation trials show promise
    Canadian developer hopes to be a supplier of low sulphur residual fuel by 2020.
  • IEA predicts MGO will rise to 30% of European bunker market
    Fuel oil to gas oil ratio to change as result of new ECA sulphur limit.
  • Chemoil piles on pressure
    To secure money owed.
  • Crude oil prices firmed on Friday but oulook remains 'bearish'
    'Barring any new supply problems, downward price pressures could build further in the first half of 2015,' said IEA.
  • Dan-Bunkering makes Singapore hire
    New staff member has financial services background.
  • OW Bunker debtors advised to 'sit tight and pay no-one'
    But maintain dialogue to make it clear that payments are only held back until situation is more clear, maritime arbitrator tells Bunkerworld.
  • Singapore: 'Small traders are suffering the most'
    But some players suggest market will eventually resume 'business as usual'.
  • India scraps cabotage bunker tax
    Marine fuel grades 380cSt, 180cSt are tax exempt.
  • Quarterly profit down at Viking Line
    The firm saw 'positive effect' on operations due to lower bunker prices.
  • Credit insurer: 'No such thing as risk-free trade'
    Euler Hermes comments on OW Bunker bankruptcy in an exclusive interview with Bunkerworld.
  • Singapore players told to 'stay calm'
    MPA issues its second message of reassurance to the bunker market in four days.
  • Staff promoted at Trumf Bunker
    Promotion puts Pedersen as Head of Trading Europe & Americas.
  • ECAs offer 'opportunities for fuel-saving innovation'
    'Sometimes changing even the smallest factor can add up to big savings.'

›››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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