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Independent journal on economy and transport policy
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BRIEFS
March 21, 2014
Sched Netweb site
  • TSA sets US$300/FEU rate hike on April 15, not May 1 as first billed
  • World's No 2 box maker 2013 profit down 43pc as revenue falls 16pc
  • LA and Long Beach blame Chinese New Year for February cargo decline
  • Shagang Shipping arrests ship in Australia in continuing battle with HNA
  • Striking Vancouver truckers ordered back Monday, cargo begins to divert
  • Forwarders' WCA Conference abandons riotous Bangkok for Hong Kong
  • Crimea expropriates provincial ports, insurers raise legal concerns
  • Newbuilding deliveries continue unabated with entry of three giants
  • China's logistics cost rises 9.3pc in 2013 to US$1.66 trillion
  • Guangdong province to spend US$813 million dredging Beijiang River
  • Singapore set for good times as Asia Pacific Maritime conference opens
  • Uniform standards of ship strengths first aim of class societies
  • Guangxi Xijiang River ports cargo volume hit 161 million tonnes in 2013
  • Cosco Pacific, China Shipping, HPH terminal deal could lift flagging HK port
  • AA Cargo, US Airways Cargo co-locate for waybilling at New York JFK
  • Lufthansa Systems 2013 revenues up 5pc as restructuring pays off
  • Construction starts on new air cargo terminal at Hamburg Airport
  • Korean Air doubles daily A380 frequency to east and west coast US

Exim Indiaweb site
MARCH 20, 2014
  • IRS proposes innovative solution to ballast water treatment issue
  • KMTC opens own office in Mumbai
  • ST. BRITTO'S COLLEGE ORGANISES 'VIGIL2014' AT CHENNAI
  • World's largest LCL service provider ECU-LINE celebrates 25 years of leadership in the NVOCC space
  • Cochin Port gaining ground in bunker sales
  • MbPT celebrates Women's Day
  • MoS looking at viability gap funding for the two proposed Major Ports
  • New Mangalore Port handles largest parcel size from VLCC
  • Securitisation, additional loans to expedite NHAI projects

International Transport Journalweb site
  • Eurotunnel receives CTS certification again
  • Ever bigger vessels - ever longer transit times
  • Norfolk Southern and GoRail unveil new locomotive
  • Cathay Pacific Cargo flying to Columbus
  • Presidents of ports of Le Havre and Rouen confirmed
  • Asian shipping community to raise its voice
  • Waberer's: stellar performance in 2013
  • MEPs reject informal deal on aviation emissions
  • UPS opens new facility to improve cross-border shipping
  • WWPC board advisors elected
  • Encouraging outlook for LNG/LPG shipping
  • New website for calculating environmental footprint
  • More Mahan flights to Shanghai
  • AMI Manchester hits 75% local departures
  • In der Welt zu Hause
  • VDR mourns loss of Lindemann

Marine Logweb site
MARCH 20, 2014
  • Refiner to offer low sulfur blend to tug and towboat market
  • BP back in the lease sale arena
  • Ingram participates in SmartWay Barge Freight component
  • DOF Subsea charters third Jones Act vessel
  • IRClass: put BWT on service boats in ports
  • Rolls-Royce to power Asia's first gas-fueled tugs
  • Another guilty plea in Glenn case

World Wide Shipperweb site
MARCH 20, 2014
  • TSA carriers speed up general rate increase plans
  • Port of Seattle announces Green Gateway award winners
  • Parsons Brinkerhoff taps Schechtman as deputy regional business manager
  • Port of Tacoma releases February cargo volume numbers
  • American Fast Freight names Pagan as National Accounts vice president

Lloyd's Listweb site
MARCH 20, 2014
  • Total and China poised to sign $21bn LNG deal
    Ambitious French energy giant and China are perfect match
  • UK Chamber criticises MCA
    Regulator needs to be more commercial, says incoming president
  • Hoegh car carrier joins search for missing Malaysian plane
    Vessel diverted after debris spotted
  • VLGC earnings spike ensures investment in market stays buoyant
    Spot rates highest since last summer and closing in on all-time high
  • Transpac lines advance rate increase ahead of contract signings
    Carriers push for higher spot rates as benchmark for 12-month agreements
  • Søren Skou elected Box Club chairman
    Maersk Line chief chosen by peers at Dubai meeting
  • TOP Ships acquires five more newbuilds from Pistiolis
    Rebooted fleet of public owner all covered with medium term charters
  • Obituary: Dierk Lindemann
    Key architect of Maritime Labour Convention
  • Owners monitoring CO2 and fuel use claim commercial advantages
    As Europe develops mandatory MRV for shipping, shipowners with bespoke systems point to benefits
  • Zeeland Seaports appoints interim chief executive
    Jan Lagasse to replace Hans van der Hart
  • Aker Philadelphia shipyard raises $4.4m after targeting $9m
    Yard did not expect share offering to be fully subscribed
  • Cosco International reports 33% decline in profits
    Shipping services outfit blames slowdown in newbuild deliveries and customers' cost-cutting
  • DP World 2013 revenue slips
    Ports group cites tough market conditions and capacity constraints in key locations

Fairplayweb site
MARCH 20, 2014
  • Wild ride for embattled Genco
    Shares of Peter Georgiopoulos-chaired Genco plunged on bankruptcy fears and then surged back up on news that a bond interest payment was made at the last moment
  • Teekay spin-off to focus on second-hand ships
    Tanker Investments, the Teekay group spin-off that will focus on second-hand tonnage, says it has completed book building ahead of listing of its shares on the Oslo Stock Exchange
  • DP World records flat trading year
    DP World posted flat financial results for 2013, the company announced today
  • Car carrier hunts for missing Malaysia plane
    A Norwegian car carrier has joined in the search for the missing Malaysian flight MH370 off Australia's western coast, the ship's owner confirmed today
  • Bad weather hampers Australia plane 'debris' search
    Australian search and rescue teams have so far been unable to find debris that could be from missing Malaysian flight MH370 due to rain and poor visibility
  • Kandla Port scraps tender for container terminal
    Kandla Port, India's biggest state-owned major port, has scrapped the tender for a mega container terminal at Tuna-Tekra, and is reducing the scale of it to attract global bidders
  • VLCC rates flat as fixtures slow down
    Spot freight rates for VLCC tankers have remained flat as the number of fixtures is on a downward path, according to ship broker Fearnley
  • Chinese ships begin new MH370 hunt
    Chinese vessels set out for new search areas on Wednesday to hunt for the missing Malaysia Airlines jetliner MH370
  • UK maritime sector welcomes budget
    The UK shipping industry has welcomed the measures proposed by chancellor George Osborne as he revealed details yesterday of the 2014 budget, describing it as "an export-led budget for an export-led recovery"
  • KR releases hull analysis software
    Class society Korean Register has released software SeaTrust-HullScan to help shipbuilders and designers analyse and appraise a vessel's hull structure so it can comply with the new harmonised common structural rules

The Journal of Commerceweb site
MARCH 20, 2014
  • FMC Approves P3 But With Tighter Monitoring Conditions
    WASHINGTON - The U.S. Federal Maritime Commission today voted 4-to-1 to allow the P3 Network to set sail in the second quarter and vowed to create new reporting requirements to monitor the vessel-sharing agreement involving the three largest global container lines. Commissioner Richard Lidinsky gave the sole dissenting vote against the...
  • DP World Hikes Profit as Revenue, Volume Dip
    DP World posted a 10.9 percent increase in net profit in 2013 as it focused on fast-growing emerging markets, but revenue and container volume declined on capacity constraints, asset disposals and tough market conditions. The Dubai-based global terminal operator's net profit grew to $603 million from $545 million in 2012 on...
  • Union Pacific Corporation Elects David B. Dillon to Board of Directors, Names CEO Jack Koraleski Chairman
    Union Pacific Corporation today announced that David B. Dillon has been elected to the company's board of directors, effective immediately. The board also voted to elect the company's chief executive officer Jack Koraleski, chairman of the board. Dillon, 62, is the chairman of The Kroger Co., based in Cincinnati, Ohio. Kroger...
  • Employee-Driver Bill Reintroduced in NJ
    A bill to reclassify drayage and parcel delivery drivers as company employees instead of independent contractors has been reintroduced in the New Jersey Legislature. The bill is similar to one that Gov. Chris Christie vetoed last year. The Teamsters union contends that most owner-operators at U.S. seaports are misclassified as independent...
  • APM Terminals to Launch Trucker Appointment System in LA
    APM Terminals in Los Angeles on April 7 will roll out a trucker appointment system that the manager of Southern California's largest container terminal believes will speed up turn times in the harbor. "This thing works," said Alan McCorkle, senior vice president of the 440-acre terminal at the Port of Los...
  • Inland Waterways Bill to Help US Exporters But Extent Unclear
    WASHINGTON - The federal government is on track to free up trust fund dollars for inland waterway improvements other than a long-delayed, grossly over-budget project that has soaked up much needed funding. Freeing up money for work other than the Olmsted locks and dam project would help shippers and barge companies...
  • CSAV, Hapag-Lloyd Merger Set to Move Forward
    Shareholders of Chilean ocean carrier CSAV are expected to approve tomorrow a possible merger with Hapag-Lloyd that would create the world's fourth largest container shipping line. The merger moved forward earlier in the week when CSAV bondholders agreed to a change of covenants to allow the CSAV group to sell its...
  • Back-to-Work Order Planned for Striking Vancouver Truckers
    TSI DeltaportWith few signs of striking truckers and Port Metro Vancouver reaching a deal, the provincial government of British Columbia said it will introduce back-to-work legislation as soon as March 24. The 90-day cooling off period would only affect the 250 union drivers belonging to Unifor, and not members of the...
  • Vancouver Port Turns Up the Heat on Striking Truckers
    In an effort to turn up the heat on striking truckers, Port Metro Vancouver has announced it will not renew port-issued licenses and permits that are set to expire soon, and will issue new ones only to those truckers who return to work today. "I cannot imagine why we would issue...
  • Taking a Tough Line on LTL
    Q: You've written before about consignees who reject deliveries of truckloads that were sealed because the seals were breached. We're a less-than-truckload motor carrier, and your articles made me think of some issues we are having with shippers who ship containers, shrink wrap and other various products used in food...
  • Video From TPM: Voxx's Sea-Truck Program Cuts Transit Time
    Electronics manufacturer Voxx International through its Sea-Truck program has successfully eliminated virtually all air freight and millions in cost from its supply chain. It has adapted a combination of ocean freight and trucking via team drivers who race across the country almost nonstop from the Port of Seattle to distribution centers...

TradeWindsweb site
MARCH 20, 2014
  • Grain drain in South America
    Delayed soya bean exports from Argentina to China will lend a boost to the dry-bulk market when they finally hit the water later this year, Safe Bulkers' chief executive said.
  • Diamond not in rough
    Diamond S Shipping feels no compulsion to make a next move after seeing its New York IPO fall short earlier this month, its billionaire backer insisted today.
  • Genco dodges bullet
    Shares of Genco Shipping & Trading soared in after hours trading Thursday after alerting investors that it has coughed up cash to cover a lapsed bond payment.
  • Uncertainty haunts Genco
    Wall Street appears to be growing increasingly concerned about the future of Genco Shipping & Trading (Genco).
  • Duo sweet on YZJ
    DMG & Partners has raised its outlook on Yangzijiang Shipbuilding (YZJ) after the Chinese company revealed it will pay a lower tax rate over the next three years.
  • BG in LNG warning
    UK stocklisted BG Group says the LNG industry is in a period of "supply hiatus" as new production coming onstream plateaus while demand rises in Asia and Latin America.
  • Ukraine on the brain
    The crisis in Crimea is unlikely to have a significant near-term impact on the US shipping industry or the nation's LNG market, according to the head of the US Maritime Administration.
  • Navig8 catches VL leaders
    Navig8 has propelled itself into the VLCC big league after its second newbuilding swoop in the sector.
  • DP World earnings soar
    Dubai port operator DP World has posted a 26.6% increase in earnings for 2013 as revenue rose.
  • Dof firms Gulf grip
    Dof Subsea of Norway has beefed up its presence in the US Gulf of Mexico with another Jones Act compliant subsea vessel.
  • Paraskevi being shifted
    A grounded Greek bulker is ready to be refloated in the Parana river in Argentina after going aground on 10 March.
  • Navig8 bags VL sextet
    Navig8 Crude Tankers has raided the Norwegian OTC market for $245m in fresh equity to back expansion of its VLCC fleet, the owner confirms today.
  • Hoegh joins MH370 search
    A Hoegh Autoliners car carrier is playing a vital role in searching a remote sea area where debris from a missing Malaysian airline may have gone down.
  • Criminalisation legacy lingers
    A disturbing trend toward criminalisation of maritime accidents and violations continues to threaten shipping 25 years after the Exxon Valdez disaster, a prominent defence lawyer says.
  • Man of steel
    Robert Bugbee has been crowned commodore of the Connecticut Maritime Association (CMA).
  • Fincantieri's profit surges
    Fincantieri has reported a huge leap in profit last year as revenue jumped following its majority purchase of Norwegian offshore vessels builder Vard.
  • VLGC rates racing
    VLGC rates are running hot just as two of the world's four largest owners in the sector are pressing ahead with initial public offerings (IPOs).
  • Siem tapping bond market
    Shipowner Siem Offshore is considering launching a sale of bonds in the Oslo market.
  • Cosco in $312m order
    China Cosco has continued its newbuilding momentum with a $312m deal for eight new dry cargo vessels.
  • Aker Philly comes up short
    Aker Philadelphia Shipyard has sold just less than 50% of its subsequent share offering, raising $4.4m.
  • Viking axes Backman
    Viking Line has fired chief executive Mikael Backman and replaced him with company veteran Jan Hanses.
  • MSC signs for cruise duo
    MSC Cruises has put pen to paper on a new cruiseship order worth up to EUR 3bn ($4.13bn) at STX France.
  • Gulf Nav takes $60m hit
    Gulf Navigation has made a loss provision of over $60m after coming off second best in an arbitration dispute related to a pair of cancelled VLCCs in China.
  • Gard sues IOPC Funds
    A conflict between the Gard marine insurance group and the International Oil Pollution Compensation (IOPC) Funds is set to be fought in a London court more than 17 years after the tanker spill at the heart of the dispute.
  • Top Ships adds four more
    Greece's Top Ships is continuing its fleet rebuilding by snapping up four more new MRs due from Hyundai Mipo through to 2016.
  • Pantheon adding aframax
    Pantheon Tankers of Greece is adding to its aframax tally and is close to buying the 110,300-dwt Mare Italicum (built 2007).
  • TIL hits the top
    Teekay spin-off Tanker Investments Ltd (TIL) has raked in $175m from its upsized Oslo initial public offering (IPO).
  • RABT prepares sale
    Swedish shipowner Rederi AB TransAtlantic (RABT) will get the ball rolling on its proposed SEK 150m ($23.4m) equity offering within the next month.
  • Braemar sells US unit
    UK broker Braemar Shipping Services has offloaded its US technical services company Casbarian.
  • Kherson in the red
    Ukraine's Kherson Shipyard has posted a loss of UAH 53.37m ($5.26m) for 2013.
  • Yard workers hole ferry
    A Washington State Ferries (WSF) ship sprang a leak after shipyard workers accidentally drilled a hole in its hull.
  • Nova Star starts in May
    A new ro-pax service between the US and Canada will be up and running in May, two weeks later than originally planned.
  • Vallianz eyes fresh funds
    Vallianz, the Singapore offshore vessel operator, is looking to raise fresh capital to fund the next stage of its expansion.
  • Bulk Peace arrested
    Shagang Shipping has had a HNA Group controlled capesize bulker arrested in Australia over a long running charter dispute.
  • John I heads for Argnetia
    Salvors have begun to tow a disabled supramax bulker that ran aground of Canada to safer waters for further assessment.
  • Ban to hurt Indonesia
    Indonesia's trade and government revenue will be hit by the ban on mineral ore exports, the World Bank has said.

American Shipperweb site
MARCH 20, 2014
  • NYK to stop providing chassis in Calif.
    NYK said that starting May 1, it will no longer provide chassis at marine, truck depot and intermodal rail facilities in Long Beach, Calif.; Los Angeles; San Diego, Calif.; and Phoenix, Ariz.
  • Global Ship Lease sees opportunity in smaller ships
    The container ship charter Global Ship Lease said a new capital structure it is creating will allow it to take advantage of opportunities to grow and possibly pay dividends to shareholders.
  • Ga. approves additional $35M for Savannah deepening
    Georgia's state legislature has approved Gov. Nathan Deal's proposal for $35 million in additional dredging funds for the Savannah Harbor Expansion Project. Georgia has now allocated $266 million, meeting the state's portion for the project.
  • British Columbia seeks cooling-off period to end trucker strike
  • Port Canaveral awaits first ship-to-shore cranes
  • FMC accepting electronic payments
  • Barge company joins EPA's SmartWay program
  • City celebrates first Uruguayan lamb meat shipment since 2001
  • Electronics distributor chooses LLamasoft for supply chain software
  • TSA plans April rate increase
  • NEWSFLASH: FMC allows P3 Network to move forward
    The U.S. Federal Maritime Commission said its members voted not to block the P3 Network that Maersk, Mediterranean Shipping Co., and CMA CGM plan to start later this year.
  • Executive moves

The Bunker Bulletinweb site
MARCH 20, 2014
  • Prices move independently in Fujairah
    Soft prices seen in Cape Town.
  • Prices mainly soft in Europe
    IFO380 prices rose in Rotterdam.
  • Shipowner: We can profit from CO2 monitoring
    If CO2 monitoring means savings, there lies commercial advantage.
  • 'Technical issues' block data release
    Singapore trade agency unable to publish fuel oil data.
  • Sea trials successful for voyage optimisation product
    Will be extended to other ship types.
  • Singapore-based player moves out of higher risk markets
    But move sees trader's profits shrink.
  • Tax reforms set to boost bunker traffic
    Regional authorities in south-west India plans VAT cuts for marine fuel.
  • Hong Kong approves low sulphur regulation
    Suppliers of non-compliant fuel could face jail.
  • Bunker price movement largely down in Asia
    Only Tokyo Bay saw limited avails, among key Asian ports.
  • Korea Navy to use hybrid electric drive
    System will 'provide significant fuel and maintenance costs savings.'
  • New staff at Glander International
    Euwyn Tan joins Singapore office as bunker and lubricant trader.
  • Evergreen cuts carbon footprint
    Fuel efficient L-type vessels 'a major part' of Evergreen's fleet renewal programme.
  • Gas-fuelled tug ordered from Chinese yard
    Order comprises two tugs plus options.

›››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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