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Independent journal on economy and transport policy
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BRIEFS
March 18, 2014
Sched Netweb site
  • Hutchison sells 60pc of HK terminal ACT to Cosco Pacific and CSTD
  • HIT's new US$6.43 million barge cranes to boost productivity 30-40pc
  • Ship loss in decline since 2003, but rise in size keeps insurer risk high
  • FMC fines Rickmers US$190,000 after CEO Widdows spots violation
  • Evergreen to end NYK, Hanjin, Yang Ming vessel sharing agreement
  • Libra Group's Lomar Shipping continues building in Chinese yards
  • Libyan rebels block oil exports and sell what they can to fly-by-night tankers
  • UASC brings 18,000 TEU programme to 6 units, orderbook highest worldwide
  • North east Asia-Oz trade 9pc up in Q4, but numbers out of whack: Drewry
  • Northport expects 11.5pc rise in transshipments as 4th terminal opens
  • U-Freight Swedish partner wins customs accreditation as AEO-F
  • Lufthansa Cargo wins Excellence award at LA World Cargo Symposium
  • ACE airline, airport award winners hailed for being the busiest

Exim Indiaweb site
MARCH 17, 2014
  • Allcargo joins hands with Scania to provide world class trailers to its customers across India
  • Blank sailings pushing liner reliability down, says Drewry
  • DB Schenker Logistics carries ABB transformers 4,000 km from St. Petersburg to Novosibirsk
  • Guidance on security certification for seafarers agreed
  • Hapag-Lloyd a partner in new service between Japan, Singapore & Jakarta
  • Hyderabad CHA Association elects office-bearers for 2014-16
  • Insider novel sheds new light on oil spills
  • MOL President visits Myanmar to further strengthen business cooperation with the country
  • Nordic Maritime clinches offshore seismic data contract from Cairn India
  • Port of Felixstowe gets clearance to extend quay
  • Ports of Antwerp & Rotterdam want stricter emission standards from January 1, 2016
  • Vasan opts out of Lok Sabha polls
  • Grape exports to increase in 2013-14 on good demand
  • New Mangalore Port achieves a new high in annual throughput
  • Port of New Orleans, Samsara Shipping sign contract for representation in India
  • TRAFFIC HANDLED AT MAJOR PORTS
  • Traffic handling seen not keeping up with investment in ports
  • Eastern Railway freight earnings surge 36 pc in Feb. to INR 455.22 cr.
  • IRB commences work on Goa-Karnataka border to Kundapur BOT project
  • L&T bags INR 3,655-cr. road project in Qatar
  • Forex reserves up $ 1.088 bn to $ 295.45 bn
  • INR ends weak at 61.19 on dollar demand
  • New RBI system to process & monitor export data
  • RBI introduces single platform edpms with effect from March 1, 2014
  • Several SEZ projects wait for govt nod

International Transport Journalweb site
  • Ewals starts forwarding on four new intermodal corridors
  • Farnair to acquire 45% of Thai cargo carrier
  • LA and Long Beach top ranks of US ports
  • Thailand's government investing in rail infrastructure
  • Tapa Emea wants to fight cargo crime rise
  • Slight dip in growth at world's busiest cargo airport
  • HPH sells stakes in ACT to Cosco Pacific
  • Amtrak unveils infrastructure plans
  • Hellmann: new office in Auckland and bigger headquarters
  • For St. Patrick's Day: Etihad increases Aer Lingus stake
  • Zeeland Seaports introduces intermodal planner
  • MD Logistics chooses new retail director
  • Scania lands bumper order
  • Gezielt in die Nische
  • New kingpin for Transoflex

Marine Logweb site
MARCH 17, 2014
  • Foss orders ocean going barge at Gunderson
  • SEALS take control of tanker Morning Glory
  • E.R. Schiffahrt implements e-learning course fleetwide
  • Jaccar moves to take majority stake in Bourbon
  • Three Keppel O&M shipyards book contracts
  • Navy awards DDG 51 contracts

World Wide Shipperweb site
MARCH 17, 2014
  • ATA turnover report finds large truckload carrier numbers down
  • CSX Transportation taps Sease as communications vice president
  • CII calling for nominations for annual Connie Awards
  • Port of Los Angeles sees cargo volumes slide
  • Inchcape Shipping Services names Lavau-Wira Sales VP

Lloyd's Listweb site
MARCH 17, 2014
  • EU imposes Crimea sanctions
    Names of targets expected to be made public on Tuesday
  • Navios Acquisition lines up bond to cover VLCC funding
    Tanker owner opts for private placement of 8.125% notes
  • TEN gets Statoil green light for four more aframaxes
    Options lift total project to nine tankers as Greek owner posts reduced loss
  • No change at the top for US ports
    But Long Beach is gaining ground on rival Los Angeles
  • Financial pressure leads to asset sales
    Carriers sell terminal stakes to generate cash, but is it just a short-term solution?
  • Ports seize growth opportunity
    Leading box hubs show creditable rises, but declines elsewhere temper optimism
  • GPI box volumes figures boosted by NCC
    Russian operator sees drastic variation in terminals' performance
  • Long-haul product tanker trades shrouded in uncertainty, says Poten
    Will new refinery capacity come onstream?
  • GE Capital aviation arm plans shipping move
    Up to $2bn could be available, says Liu
  • Sainty Marine in arbitration with Greek owner over 12 dry bulk newbuilds
    Chinese shipyard claims it received no payment
  • Capesize market holds steady after the fall
    Free to read: Outlook uncertain with Chinese iron ore stocks at record highs and steel mill demand falling
  • Morning Glory seized by US navy
    Vessel and crude cargo to be returned to Libyan authorities
  • Jaccar makes $2.5bn Bourbon bid
    Offer represents a 19% premium on the stock's weighted average for the past 100 trading days
  • Enesel gets $380m financing with South Korean ECA support
    Facility will help pay for five 13,800 teu ships to be delivered on Evergreen charter this year
  • Scorpio Tankers sale sets tone for CMA
    Big headlines for Bugbee's company as annual event kicks off
  • CIMC invests $1bn in new container plant
    New factory in Dongguan will have 750,000 teu production capacity
  • ILWU health quandary
    Obamacare headache for dockworkers' union

Fairplayweb site
MARCH 17, 2014
  • Jaccar moves to take majority in Bourbon
    Jacques de Chateauvieux's Jaccar Holdings is looking to increase its 26% stake in French offshore vessel operator Bourbon to a 50.1% majority
  • TEN bumps up Statoil-backed Aframax order
    More new business from Norwegian oil major Statoil has enabled orders for four additional Aframax crude oil tankers, NYSE-listed Tsakos Energy Navigation (TEN) revealed today
  • Fresh note issue to fetch Navios Acquisition $50M
    Navios Acquisition has launched a $50M issue of first priority ship mortgage notes, with proceeds earmarked to replace cash recently expended on a VLCC
  • Jinhui refunded $24M for cancelled order
    Jinhui Holdings, the parent company of Jinhui Shipping and Transport, today said a ship-owning subsidiary had been refunded $24M from a cancelled newbuilding order
  • Sainty Marine wins 10 MPV
    Shenzhen-listed shipbuilder Sainty Marine announced on 15 March that it has inked the contracts with German-owned Zeaborn for the construction of six 12,000dwt multi-purpose vessels plus four options
  • HIT invests $6.4M in barge cranes
    Hongkong International Terminals (HIT), the largest container terminal operator in Hong Kong, yesterday said it had put into operation two new barge cranes with an investment of HK$50M ($6.4M)
  • Perisai buys AHTS vessel from Ezra
    Malaysian offshore oilfield service provider Perisai Petroleum is to buy an anchor handling tug supply vessel from Singaporean peer Ezra Holdings

The Journal of Commerceweb site
MARCH 17, 2014
  • Fixing Port Drayage
    From New York to Norfolk, Va., and Los Angeles-Long Beach to Vancouver, British Columbia, port congestion that spills out into the real world in the form of truck lines, pollution, supply chain delays and occasional violence is a rapidly escalating problem affecting foreign trade. The problem defies conventional explanations -...
  • Crowley to Carry LNG in Containers
    Liquefied natural gas soon will become a cargo as well as a fuel for Crowley Maritime. Crowley, which in November ordered two container ships that will use LNG fuel, said its Carib Energy unit has won a multiyear contract to supply LNG in containers to Coca-Cola Puerto Rico Bottlers and Club...
  • US Containerized Exports Down Again
    U.S. containerized exports through January 2014. Full-size image U.S. containerized exports slipped 1.2 percent year-over-year in January to 958,708 TEUs, the lowest monthly volume since June 2013 and the lowest level for a January since 2011, according to preliminary figures from PIERS, the Data Division of JOC Group. January was the second straight...
  • Vancouver Truckers' Strike Hits Shippers
    TSI DeltaportThe delivery of local imported cargo at Port Metro Vancouver is being interrupted as the standoff between striking truckers and the Canadian government showed no signs of ending today. With the strike entering its third week, and truck traffic at Canada's largest port down to a trickle, marine terminals are...
  • ABF Freight to Raise Rates 5.4 Percent
    ABF Freight will raise its general less-than-truckload charges an average of 5.4 percent, starting March 24. The average price hike is 1.1 percentage point higher than the raise announced by UPS Freight today, and 1.5 percentage points higher than the increase posted by FedEx Freight earlier this month. The three LTL...
  • Rising Freight Rail Premiums Suggest Lack of Competition, Study Says
    WASHINGTON - A new study suggesting U.S. freight railcar premiums have soared in recent years, implying a lack of competition, comes as Class I railroads and some shippers prepare to square off against the railroads at a major federal hearing later this month. The study - commissioned by the American Chemistry...
  • New China Forwarding Rules Could Force Carriers to Turn Away Cargo
    New Chinese forwarding regulations will add costs to shipping freight from China and could force container lines to turn away business. Under the rules that took effect Feb. 15, non-vessel-operating common carriers and forwarders doing business in China must obtain a license from the country's Ministry of Transport. To gain a...
  • Russia's Global Ports Posts Mixed Results
    Global Ports, Russia's biggest container terminal operator, boosted profit by 6 percent in 2013, even as revenue declined due to lower oil exports. The London-listed company, which acquired domestic rival NCC for $1.6 billion in December, made a profit of $114 million against $108 million in 2012 on revenue of $480...
  • FMCSA Releases Electronic Logging Rule
    A proposed rule that would require truck and bus drivers to replace paper logbooks with electronic devices is "on the street" and available for review online, though the official comment period hasn't begun yet, according to Federal Motor Carrier Safety Administrator Anne S. Ferro. The rule was posted on the FMCSA...
  • UPS Freight to Hike General Rate Base 4.4 Percent
    Effective March 31, UPS Freight will raise its less-than-truckload general base rates an average of 4.4 percent, a 0.5 percentage point higher hike than the one sought by the parcel giant's top competitor, FedEx Freight. The rise in spring rates comes as shippers and trucking companies prepare for higher traffic and tighter capacity....
  • Roadrunner Buys Unitrans International
    Roadrunner Transportation Systems is expanding its international logistics business by acquiring Unitrans International, a non-asset logistics provider, for $55.5 million. Buying Unitrans gives Roadrunner, which has built a broad portfolio of truckload, less-than-truckload, intermodal and logistics businesses through acquisition, greater global reach. Roadrunner, No. 15 on JOC's list of the Top 25...
  • China's VAT for Forwarders Still Not Resolved
    SHANGHAI - Forwarders in China still can't deduct freight payments of a value-added tax, even though Chinese officials provided additional guidelines earlier this year. China's Ministry of Finance tried to clarify its new VAT on logistics services to allow second-tier forwarders, not just those who sign contracts directly with the carriers,...

TradeWindsweb site
MARCH 17, 2014
  • Genco sees red
    US bulker owner Genco Shipping & Trading (Genco) has postponed the filing of its annual report.
  • $500bn burden
    Looming global environmental regulations could impose more than $500bn in additional costs over the next decade, according to the chairman of the International Chamber of Shipping (ICS).
  • OSG scraps aframax
    Bankrupt US tanker operator Overseas Shipholding Group (OSG) appears to have offloaded one of its oldest aframaxes.
  • NAO readies IPO
    Nordic American Tankers' offshore offshoot appears to be moving forward with plans to pursue an initial public offering (IPO) in the US.
  • Ultrabulk grows orderbook
    Ultrabulk has boosted its newbuilding catalogue with the addition of up to five more vessels.
  • Princimar branches out
    US tanker operator Principal Maritime Management (Princimar) has launched a campaign to acquire more than a dozen stainless steel chemical carriers.
  • Vard debuts in Canada
    Norwegian offshore shipbuilder Vard has established its first foothold in North America with a new office in Canada.
  • Ocean Yield scoops $101m
    Ocean Yield has netted a shade over $100m from a trip to the Oslo bond market.
  • DBS lifts Vard view
    DBS Vickers has raised its outlook on Norwegian offshore vessel builder Vard after the company's flurry of recent order wins.
  • Four held in the UK
    The Maritime and Coastguard Agency (MCA) detained four ships in February, including the broken-down livestock carrier Express I.
  • Global Ports earnings sag
    Global Ports has reported a drop in full year earnings despite container throughput remaining flat.
  • NNA goes for notes
    Navios Maritime Acquisition Corporation (NNA) is selling $50m of notes to partly finance a VLCC acquisition.
  • Tsakos hits the mark
    Tsakos Energy Navigation has recorded a stronger fourth quarter result in line with Wall Street forecasts.
  • GSI profit dips
    Chinese shipbuilder Guangzhou Shipyard International (GSI) reported a slump in earnings last year as orders fell away.
  • TEN on cloud nine
    Tsakos Engery Navigation has expanded its aframax tanker order at DSME to nine firm vessels.
  • Archipelago eyes buys
    A Philippines ferry company is lining up orders for 30 new freight and passenger vessels by 2018.
  • Cash harvest spurs STNG
    Shares in Scorpio Tankers surged on Friday as analysts gave a predictable thumbs-up to the sale of its VLCC fleet which returned a profit of $50m.
  • Burned crewman rescued
    A crewman has been evacuated from a Polish cargoship off the US after suffering burns.
  • Keppel snares trio
    Keppel Offshore & Marine has wrapped up a batch of contracts worth over $100m.
  • Topaz stronger again
    Dubai's Topaz Energy and Marine has revealed much better annual profit for its Nico Middle East unit.
  • Legal & General in CKN buy
    Legal & General has upped its interest in Clarksons on the back of strong full-year results from the world's largest shipbroker.
  • Bulker grounded in Parana
    A Greek bulker blocked the port of Rosario in Argentina after going aground.
  • Ocean Yield in bond run
    Ocean Yield is set to tap the Oslo bond market to refinance an existing bond which still has over two years to run.
  • USCG probes clash
    A Wisdom Line cargoship has been damaged in a collision with a barge in the Houston ship channel.
  • US seizes runaway tanker
    US navy seals have stormed a tanker which ran a blockade in Libya with a contraband cargo last week.
  • Second score for STNG
    Scorpio Tankers is sitting on its second potential windfall in a week after Dorian LPG announced the pricing of its IPO.
  • Jinhui wins refund
    Jinhui Shipping & Transportation has won a refund of $24m for a cancelled bulker.
  • Ro-pax captain cleared
    The case against a New Zealand ferry captain has been dismissed after a judge ruled there was no risk in taking to sea with a hole in the vessel's hull.
  • Jaccar moves for Bourbon
    Bourbon chairman Jacques de Chateauvieux has launched a takeover offer for the French offshore shipping giant.
  • ABG debt deal in doubt
    Indian shipbuilder ABG Shipyard has reportedly failed to win the backing of its lenders at its latest restructuring meeting.
  • Enesel seals bank loan
    Enesel has agreed a $380m secured term loan facility to help part finance a series of 13,800-teu containership newbuildings.
  • MISC shares on a roll
    Investors who blocked the privatisation of MISC look to have been vindicated after the company's share price hit a new high.
  • Ezra in leaseback deal
    Ezra Holdings has agreed a sale-and-leaseback deal for an anchor handler with Malaysia's Perisai Petroleum Teknologi.
  • Yamal first for DSME
    DSME has secured an order for an LNG carrier from Sovcomflot in a deal worth KRW 340bn ($316m), it announced Monday.
  • Bulker in Canada prang
    A supramax bulker has gone aground off Canada's east coast after experiencing main engine failure.

American Shipperweb site
MARCH 17, 2014
  • Panama Canal contract addendum signed
    The international consortium building a wider set of locks for the Panama Canal said it has signed an agreement with the Panama Canal Authority to ensure completion of the mega-infrastructure project, ending a three-month billing dispute.
  • FAA: Air cargo to increase 4.2% annually
    The Federal Aviation Administration says air cargo traffic will increase at an annual growth rate of 4.2 percent, doubling by 2034. This increase, the agency noted, will be fueled by steady economic growth, both domestic and worldwide.
  • Trucking industry to launch image campaign
    Groups representing various sectors of the trucking industry plan to kick off a broad publicity and education campaign at this week's Mid-America Trucking Show in Louisville, Ky., to enhance trucking's image.
  • UPS Freight to up rates by 4.4%
    UPS Freight will impose a general rate increase of 4.4 percent for less-than-truckload shipments starting March 31, following a move by FedEx Freight earlier this month that increased its rates by an average of 3.9 percent on March 31.
  • St. George expands in Savannah
  • European cargo theft rose in 2013
  • New app lets users monitor Panama Canal
    The Panama Canal Authority has announced the launch of a new app for mobile devices to expand audience participation in the waterway's operations.
  • FMC reviews 30 OTI license applications
  • China e-commerce giant Alibaba to list on NYSE
  • SEALs seize tanker in Mediterranean Sea
  • Manhattan aids Lennox in supply chain redesign
  • Terminal declares 'force majeure' as Vancouver trucker strike continues
  • CORRECTION: Cleveland port's stance on open lake disposal
  • Kumar to lead U.S. and Foreign Commercial Service

The Bunker Bulletinweb site
MARCH 17, 2014
  • LNG bunkering 'passes milestone'
    'There are now 100 confirmed LNG projects worldwide.'
  • Mixed price trends in Fujairah
    Prices flat at Suez.
  • Prices follow upward path
    Congestion at Gibraltar.
  • Port gets tough with truckers
    Return to work or lose your licence, says CEO.
  • Additive to 'prevent microbiological contamination' in MGO
    'Fuel quality is worsening and is no longer homogenous.'
  • OW Bunker to supply in Australia
    Service starts from April 1.
  • Cost of fuel oil arbitrage falling
    'Fuel oil market in Asia will be under pressure until the end of March.'
  • Tanker arrested in Singapore
    Vessel linked to Athens-based interests.
  • Fuel barge in collision with general cargo ship
    Accident had potential to be a 'major environmental incident.'
  • Shipowner goes large to save on fuel
    Gearless outweighs geared tonnage on Asia-Africa route.
  • German shipowner fined for bunker spill
    A thousand litres were spilt.
  • Asian bunker market starts week mixed
    'Very tight' avails seen in Tokyo Bay.
  • Researcher uncovers bunker-saving VLOC design
    New design more fuel efficient that previous designs.
  • Australian offshore specialist buys fuel-saving duo
    Newbuildings to use a diesel-electric system.
  • Singapore firm to start bunkering, supply ops in Australia
    New port provides the business focus.

›››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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