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BRIEFS
May 19, 2014
Sched Netweb site
  • CKYHE calls at Xiamen now that 13,000-TEUers have joined transpac loop
  • LA up 10.3pc in April to 706,036 TEU - LB rises 9.7pc to 569,843 TEU
  • Vietnamese anti-China rioting kills 2 as workers flee the country
  • P3 to negotiate separately with terminal operators, but one to lead
  • Busan New Container Terminal offers KMCT feeders to Sendai, Japan
  • Montreal Port reports 19pc profit surge in 2013 despite hard time
  • Tianjin Nangang customs checkpoint plans to open for service this year
  • London Gateway's 2nd berth draws services from lines to logistics
  • Chiquita banana boats return to Port of New Orleans after 40 years
  • Nemport Terminal in western Turkey marks millionth TEU with Libya
  • DNV GL ends risk assessment for methanol carriers with flex fuel engines
  • DHL to relocate regional HQ in new hi-tech warehouse in Singapore
  • Toll opens new mega depot and headquarters for trucking in Brisbane
  • Emirates raises sales, adds capacity while rivals struggle to keep up
  • Intradco and National Air Cargo flies 47 horses from Dubai to Belgium
  • Emirates' unit dnata invests US$13 million in UK cargo activities
  • Pune airport stands to lose cargo to Mumbai for 36pc docking charge

Exim Indiaweb site
MAY 16, 2014
  • Essar Ports' net profit up 16 pc in 2013-14
  • Goodrich keeping not only abreast, but ahead of the times
  • Lift & Shift completes record load out in the Middle East
  • London P&I Club reports increased free reserves
  • MOL launches bi-annual vessel safety campaign
  • Shashi Kiran Shetty comments on Mandate 2014
  • MRPL to import 4 mt crude from Iran in FY14
  • Adani Ports acquires Dhamra port
  • I. Jeyakumar takes charge as Dy Chairman of Chennai Port Trust
  • KPCT holds trade meet to celebrate first year of operations
  • National bunker business meet highlights potential of Cochin Port
  • Railways freight revenue up by 6.12 pc in April
  • Cotton yarn exports can meet set target of 1,350 mkg in 2014-15 : Texprocil
  • Economy to cross $ 5 trillion by 2025, says Morgan Stanley
  • Forex reserves rise by $1.94 bn to $311.85 bn
  • Indian Inc hails new govt, has great expectations
  • Industry unhappy with 31 pc cut in raw sugar subsidy
  • INR rally causes concern, exporters seek intervention: CII
  • INR surges by 120 p to end at 11-month high of 58.83
  • Project clearances to be expedited in Odisha
  • Crane Rental Corporation handles heavy nacelle for Siemens Energy training facility
  • World's first free networking event for project cargo specialists held in Antwerp

International Transport Journalweb site
  • Port of Dunkirk issues invitation to submit expression of...
  • Rail Cargo sending new blocktrain to Turkey
  • Loxx introduces express service to Italy
  • Finnlines invests in environmental technology
  • C.H. Robinson offers new "fresh" approach
  • AF-KLM allowed to take GOL capital stake
  • DB Schenker opens new centre in Portugal
  • Hartmann to be VDR president in 2015
  • ICTSI sees Q1/2014 income and volumes surge
  • Wtransnet welcomes Dachser to Freight Exchange

Marine Logweb site
MAY 16, 2014
  • New coal carrier for Japan's Mitsui O.S.K. Lines
  • Latest HII acquisition could bring work to Avondale
  • Wärtsilä gas generators chosen for giant spar platform
  • New Finnish icebreaker to have ABB power and Azipods
  • With private equity help, Odfjell exercises newbuild options
  • U.S. moves ahead on LNG as marine fuel
  • May 16, 2014 Signet acquires Harvey Gulf's offshore towing vessels

World Wide Shipperweb site
MAY 16, 2014
  • Seattle Maritime Festival names winners of leadership awards
  • US Department of Transportation releases freight transport numbers
  • Port of Los Angeles posts container totals for April
  • Oregon governor pleased with funding request for small ports
  • US rail freight traffic sees weekly improvement

Lloyd's Listweb site
MAY 16, 2014
  • How to be a tanker asset player
    Tanker Investments makes no secret of its mission to turn a profit on trade in tonnage
  • Report urges Western Australia to review its FLNG plans
    State parliament committee warns of negative impact on local economy and jobs
  • Troubled times for Australian LNG projects
    Delays to projects from cost overruns could leave new tonnage high and dry
  • A start-up with bite? Molaris seeks equity for E-Rex
    Alma Maritime boss seeks up to $300m from New York investors to back a bulk venture
  • TEN posts best results since early 2010
    Greek tanker owner says $14.6m net income helped by shuttle tankers and healthier crude rates
  • Intra-Asia trade growth undermines long-haul chemtanker trades
    Drewry Maritime Research expects the trend to continue as Chinese demand trebles
  • Week on Wall Street | May 16
    Free to read: Lawyers make hay as investor groups take to the courts
  • Steamship sees positive underwriting result
    Combined ratio falls to 98%
  • NileDutch in tie up with CMA CGM
    The two shipping lines will team up on the South America-West Africa trade lane
  • TT Club announces $12m surplus for 2013
    Restructuring is key to performance, says Pontoppidan
  • Drewry joins the chorus warning against VLCC overordering
    'Owners need to be cautious,' analyst cautions
  • Strike Club will switch its European business to a new UK mutual
    Change responds to Brussels' Solvency II directive
  • Odfjell and private investors form new LPG/ethylene shipping joint venture
    Joint venture's partners will pump $50m each for project's growth
  • Los Angeles and Long Beach both enjoy box volume growth in April
    Long Beach says rebound in volumes is down to return to normal shopping patterns
  • Chubu Electric buys stakes in LNG carriers from Mitsubishi, NYK and MOL
    Japanese utilities firm invests in two 153,000 cu m ships to deliver its own cargoes
  • Production surge threatens stability of oil prices
    Lessons from history show a change in oil price sentiment can be swift and brutal
  • Asking the right questions
    BMT offers non-industry investors the answers they need when buying terminal assets
  • DP World sees opportunities in a changing marketplace
    Dubai-headquartered terminal operator set for an improved year in terms of volumes, but still has to contend with larger vessels and the growth of alliances

Sea-webweb site
MAY 16, 2014
  • US investigation 'may affect CIMC business'
    Shenzhen-listed China International Marine Containers (CIMC) stated today that the United State's initiation of investigations into antidumping and countervailing duties (AD and CVD) on containers made in China may affect parts of its business. The US Department of Commerce announced on 14 May that
  • ASEAN-India trade 'could grow with collaboration'
    Trade between India and the ASEAN bloc could grow if an upcoming joint working group (JWG) between the two countries is successful, a leading shipping industry source has said. "The key point of this JWG is to address the primary issue of rail/road connectivity between India and the countries in
  • Radiance starts year with strong quarterly results
    Singapore-listed offshore vessels company Pacific Radiance (Radiance) is off to a dream start for the year with gross profit surging to 91% in 1Q14. Radiance saw its 1Q14's profit after tax and minority interest (PATMI) hiked by 110% year on year to $17.8M, while its revenue jumped by 33% to $42M
  • Iron ore '30 benchmark' hit twice to China
    Last week marked the second straight week where 30 drybulk vessels were chartered in the spot market to ship iron ore cargoes to buyers in China, according to a research note from drybulk consultancy Commodore Research. Commodore noted: "This is a very significant amount; during all of last year,
  • BW Group to buy 10 MR tankers under JV
    The BW Group will purchase 10 MR product tankers under a joint venture with investment management firm PAG. Under the JV agreement, BW Pacific will buy the tankers from Elandra, a company associated with commodity trader Vitol Energy (Bermuda). BW Group CEO Andreas Sohmen-Pao commented: "BW is
  • Positive outlook for MR tankers
    Despite disappointing earnings for medium-range (MR) products tankers at the start of 2014, shipbroker EA Gibson believes fundamentals for the segment remain positive. The Baltic Exchange's TC2 assessment for the NW Europe - US Atlantic Coast averaged close to $10,000/day on round voyage basis
  • Pan Ocean profits since receivership
    Pan Ocean returned to black for the first time since it began its corporate rehabilitation programme in June 2013. The last time the former STX Pan Ocean, which dropped the "STX" from its name after the STX chaebol executed a debt-to-equity swap, was in the black, was in 2011. The company made

The Journal of Commerceweb site
MAY 16, 2014
  • Asia-Europe Spot Rates Drop, But Spike Expected
    Spot container freight rates as measured by the Shanghai Containerized Freight Index dropped on the Asia-Europe lane this week, but Asia-U.S. rates climbed.
  • DHS to Congress: 100 Percent Container Scanning 'Highly Improbable'
    WASHINGTON - The Department of Homeland told Congress it won't meet a federal mandate requiring all U.S.-bound containers
  • US West Coast Ports Big Winners in WRRDA Bill
    WASHINGTON - Soon-to-be enacted U.S. port legislation will inject a modicum of fairness into a port funding program that has split the industry since the Harbor Maintenance Tax was created in 1986. The result is a big win for West Coast ports that have seen billions in taxes collected from their imports support competitor ports.
  • 1Q Trucking Dashboard: Higher Rates, Revenue Gains
    The first quarter was warmer for trucking than you might think - at least financially.
  • Water Resources Bill: What It Means for US Ports
    WASHINGTON - It's finally happened. Senate and House leaders have reached an agreement on long-delayed legislation that would authorize major port and inland waterway projects, speed up port deepening work and reform the Harbor Maintenance Trust Fund. In other words, Congress is addressing some of shippers and transportation provider's major concerns, including a lack of equity for donor ports and the diversion of Harbor Maintenance Tax dollars from ports.
  • Growth Accelerating at Los Angeles, Long Beach Ports
    The ports of Los Angeles and Long Beach, which combined handle more than 40 percent of U.S. container trade, both reported double-digit monthly container import growth in April.
  • Ocean Carrier Rate Revision Roundup for May 16
    Multiple carriers have planned general rate increases in various trade lanes in June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
  • Wan Hai's Focus on Asia Keeps Line Ahead of Taiwan Rivals
    Intra-Asia specialist Wan Hai Lines posted a modest $21.8 million profit in the first quarter as the carrier leveraged its network to remain the leading light among Taiwan's top three shipping companies.
  • TPM 2014 Sponsored Video: Colombo International Container Terminals
    Tissa Wickramasinghe, general manager of Colombo International Container Terminals' marketing and commercial department, explains the strategy behind investments to make Colombo a regional trans-shipment hub.
  • TPM 2014 Sponsored Video: Port Everglades
    Port Everglades' CEO and port director Steven Cernak discusses a pilot program for perishables and gives status updates on the port's expansion projects, including possible reason behind the delay of deepening plans.
  • TPM 2014 Sponsored Video: Norfolk Southern
    Norfolk Southern's Randy Bayles, director of international intermodal, on what the West Coast labor uncertainty really means, as well as East Coast capacity-adding measures, short-haul intermodal and inland port projects.
  • Carriers Extract Savings From Bottom Line As Profitability Slumps
    An aggressive focus on operating efficiency is reflected in the first quarter results of Neptune Orient Lines, Hanjin and Hapag-Lloyd, although the savings were not enough to offset the effects of excess capacity, high bunker prices and weak freight rates that continue to plague the industry.

TradeWindsweb site
MAY 16, 2014
  • Phoenix sells handymax
    Phoenix Bulk Carriers has reportedly sold a handymax bulker for a sizeable gain.
  • 'State of emergency'
    Ecuador has declared a state of emergency in the Galapagos Islands over the grounding of a cargoship.
  • TEN aiming to sell and buy
    Tsakos Energy Navigation (TEN) is looking to sell some of its older tonnage to be replaced by newbuildings purchased in resale deals, an executive said today.
  • Stavropoulos bids adieu
    Tsakos Energy Navigation (TEN) chairman John Stavropoulos has used his last conference call with analysts to express dismay at the state of financial reporting by other companies on Wall Street.
  • PNG LNG loads first cargo
    A first cargo is being loaded at the ExxonMobil-led new liquefaction start up PNG LNG.
  • Tidewater extends buyback
    Tidewater's board has approved a renewed $200m programme to buy back some of the offshore vessel giant's New York-listed shares off the market.
  • Sending a message
    We take a look at what was said in the market over the past week.
  • Rieber earnings soar
    Norway's GC Rieber Shipping has posted a bigger profit for the first quarter as a loss from associated companies dropped off the balance sheet.
  • TEN hits four-year high
    Greece's Tsakos Energy Navigation (TEN) has posted its best quarterly profit for four years as revenue jumped.
  • TEN snaps up duo
    Greek owner Tsakos Energy Navigation (TEN) is boosting its crude exposure with a deal for two modern suezmaxes.
  • Cocaine found on cape
    UK authorities have seized more than 100kg of cocaine from a Greek bulker in Scotland.
  • Okean lives again
    Ukraine's higher economic court has reversed the bankruptcy of shipbuilder Okean.
  • TT Club escapes Haiyan
    A surplus of $12m was made by the Through Transport Mutual Insurance Association through last year with a favourable claims climate contributing to the result.
  • VLCC under the hammer
    A former Samho Shipping VLCC laid up in the UAE is to be auctioned online.
  • London Club makes $6.6m
    The London Steam-Ship Owners' Mutual Insurance Association stayed in the black last year but the surplus of $6.6m was down on the $9.4m of the previous year.
  • Marenave profit dips
    German owner Marenave has posted reduced earnings for the first quarter of 2014.
  • Jutha cuts loss
    Thai multipurpose owner Jutha Maritime has reduced its net loss in the first quarter as revenue rose.
  • Steamship rings up $15m
    Last year has turned out to be a lot better for the Steamship Mutual Underwriting Association than the modest surplus anticipated just a few months ago.
  • Oaktree eyes Solvtrans
    Giant US fund Oaktree has launched a takeover offer for Norwegian wellboat owner Solvtrans in its latest shipping move.
  • Double for Briese
    German owner Briese Schiffahrts has been linked to a new eco-cargoship order in China.
  • Tax charge hits Gotland
    Swedish tanker and ro-pax owner Rederi AB Gotland has posted better 2013 operating results, but tax bills hit the bottom line.
  • KDM profit chopped
    Ukraine's KDM Shipping has posted a lower annual profit despite a revenue rise.
  • Chubu takes LNGC stakes
    Chubu Electric Power Co has taken over stakes in two LNG carrier-owning company's from NYK and Mitsui OSK Lines (MOL).
  • IPO timing is right
    Italian state shipbuilder Fincantieri will be listed by the summer as it seeks a cash injection vital to its future.
  • Odfjell in new gas tie-up
    Odfjell is expanding its footprint in the LPG/ethylene sector via a joint venture with two private equity firms.
  • NileDutch in second tie-up
    NileDutch and CMA CGM have concluded a vessel sharing agreement (VSA) for services from South America to West Africa.
  • HMM wide of the mark
    Hyundai Merchant Marine (HMM) has booked another poor quarter as it scrambles to sell assets in a bid to remain solvent.
  • The good, bad and the ugly
    Wan Hai Lines has emerged with the best financial results in the first quarter out of Taiwan's three major liner outfits.
  • Another two weeks
    Eagle Bulk Shipping has secured another stay of execution after being given two more weeks to restructure a major credit facility.
  • KNOP files shelf
    KNOT Offshore Partners (KNOP) is looking to raise fresh funds according to a financial disclosure to US regulatory authorities.

American Shipperweb site
MAY 16, 2014
  • GAO cites weakness in NASA's export control policies
  • NY/NJ port reports strong March
    Cargo volumes were up because of a rebound in March, when 280,519 TEU moved through the port. In January and February, container volumes were off by 0.4 percent and 3.5 percent, year-over-year, respectively.
  • Op-Ed: Infrastructure investment offers strong ROI
    On the final day of Infrastructure Week, during which organizations around the nation have held events about modernizing the nation's aging infrastructure, the importance of improving infrastructure can't be overstated.
  • Gulf of Maine ferry reborn, hopes to attract truckers
  • Q1 weather helped boost coal volumes for railroads
    Consumer demand for coal during the first quarter's extreme cold helped ease the blow from a continued downshift in coal exports, Cowen and Company noted. Class I coal activity is up 9.3 percent so far in Q2.
  • WiseTech Global seeks to build China customer base
  • SAP releases update to transportation management system
  • TIGER applications pour into DOT
    The sixth round of TIGER grants is heavily oversubscribed, with application requests running 15 times above the amount of money available for the competitive program, the U.S. Department of Transportation said.
  • LA, Long Beach report strong container volumes in April
  • Executive moves
  • Marubeni charged with bribing Indonesian officials
  • U.S. investigates dumping of 53-foot trailers from China
  • FMCSA extends comment period for ELD rule

The Bunker Bulletinweb site
MAY 16, 2014
  • Bunker prices mostly down in Houston
    Tight avails reported at the US Gulf port.
  • Weekly Global Market Report
    A weekly price roundup from bunkering hubs around the world.
  • BAF calculations based on LSFO need review
    Some carriers struggling to explain ECA fuel and cost changes to customers.
  • Japan's bunker volumes fall more sharply than predicted
    Latest data show March volumes down 6.9% year-on-year.
  • Prices move little in Fujairah
    Flat prices seen Suez.
  • Week end on soft note across Europe
    Tight avails reported in Rotterdam.
  • Another jail sentence in 'bunker buy-back' case
    Bunker scam involved a false declaration of 'over-delivery'.
  • LNG bunker safety guidelines to be released soon
    Initial recommendations will follow the next meeting of the Society for Gas as a Marine Fuel.
  • ECA threatens European 'cross-channel' ferry routes
    Sulphur limits one factor in longer-term decline.
  • Panama aims to exploit expanded Canal
    LNG bunkering facility among projects mooted.
  • LNG cost benefits 'to continue for decades'
    'Natural gas delivered for production of LNG is 50% less expensive than conventional marine fuel', says US maritime official.
  • Cockett gains ground in Panama legal case
    Move to restrict sale of vessel accepted by top court.
  • Week ends with prices showing little movement
    No issues in supply of marine fuels at major Asian ports on Friday.
  • Bunker volumes at Indian port could 'triple'
    Growth will take place over the next three years, Indian bunker conference has been told.
  • TOTE recognised for pioneering LNG-fuelled ships
    Firm has been honoured as 'Champion of Change'.
  • P&I: Conditional survey needed for tankers carrying heavy fuel oil
    Applicable for tankers aged 10 and above, under certain conditions.
  • Fuel-saving tool stays the course
    Programme clocks up five years in the market.

›››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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