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Independent journal on economy and transport policy
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BRIEFS
January 24, 2014
Sched Netweb site
  • Hapag-CSAV merger afoot, control seems settled, due diligence lies ahead
  • China earmarks US$104.08 billion on central, western railways in 2014
  • Panama Canal and lock builder in peace talks over new financing plan
  • Evergreen's Ever Summit rescues crew from sinking ship off Vietnam
  • Hutchison opens Brisbane Container Terminals to serve Oz east coast
  • Ship operating costs up, but sector's lost value keeps insurance down
  • NYK buys 100pc of car terminal in Kazakhstan as local car sales soar
  • Another train carrying crude oil derails - this one in Philadelphia
  • Ningbo tops Chinese cities for imports from Taiwan in 2013 under ECFA
  • Three Gorges cargo volume hits record 106 million tonnes in 2013
  • Busiest day came 6 days late, as compressed peak shrunk UPS profits
  • Henan provincial aviation sector to join recapitalisation of Cargolux
  • Amazon patents 'anticipatory shipping' to pre-empt customer buys

Exim Indiaweb site
JANUARY 23, 2014
  • Gujarat Junction 2014 a stupendous success in Gandhidham
  • Hapag-Lloyd, CSAV merger talks enter next phase
  • Indev Group's Xavier Britto honoured by the President of India
  • Essar Ports' net profit up 22 pc for the first three quarters
  • LuLu Group's commercial complex to attract more ships, says CoPT
  • Vasan reviews projects & performance, calls for expeditious implementation of policy changes during Kandla Port visit
  • Moody's pegs FY14 growth at 5.5 pc
  • Global engg services leader URS aggressively strengthening headcount of Indian operations in projects & infrastructure

International Transport Journalweb site
  • Launch of temperature-controlled China-Europe rail service
  • Israel Corporation's shareholding in Zim to be reduced
  • Etihad doubling Dublin service as well
  • Mapletree Logistics Trust with more revenue, less income
  • DFDS introduces new UK-Italy rail service
  • Ingrid Rossmeier representative for Southern Germany
  • Transaero increases cargo business volume
  • Transmec Group making constant effort to reduce CO2
  • VTG expanding tank container logistics sector
  • K+N and Destylarnia Sobieski extend seafreight pact
  • Troy Container Line extends services from Italy
  • New branch manager for Innsbruck and Röthis
  • Envirotainer opens station in Dusseldorf
  • Port users urge EU parliament not to dilute ports proposal

Marine Logweb site
JANUARY 23, 2014
  • Rem orders Arctic PSV at Kleven
  • January 23, 2014 Outlook positive for offshore, but tighter CAPEX

Lloyd's Listweb site
JANUARY 23, 2014
  • JP Morgan warns of 'pixie dust' in shipping's appeal to private equity
    Too much money is chasing too few deals, which could erode transaction quality
  • Talis Capital sees opportunity in smaller handysizes
    Foca tells Marine Money forum that private equity player expects 10 deals this year
  • Asphalt Venture Indian crew remain captive in Somalia
    Seven men held since September 2010
  • Panama parties agree to keep talking to resolve cost overrun dispute
    Authority and construction firms extend negotiations until February
  • Court orders STX subsidiary to repay its Chinese unit's debts
    South Korea group's shipbuilding division must pay $200m in guarantees
  • Finland reconfirms icebreaker order with Arctech
    European Union part-funds deal for dual-fuel vessel
  • Orders help consolidate China's shipbuilding industry
    Companies won newbuildings totalling 69.8m dwt in 2013, but 90% went to just 30 yards
  • CORRECTION: UK government outlines way forward for armouries
    Letter to maritime security lobby came from crime prevention minister Norman Lamb
  • Israel Corp outlines restructuring plan for Zim
    Parent offers shares to creditors and shipowners to reduce its own stake to 32%
  • GasLog raises $199m to buy BG gas carriers
    Livanos-led LNG owner sells shares to fund acquisitions
  • Experts bullish on prospects for dry bulk and tankers
    Analysts say rates will benefit from Chinese demand and low fleet growth
  • Shipping's secondary loan market heats up
    Buyers and sellers converge at 90 cents in dollar, conference hears
  • BMT helps port backers to assess competition and commercial risk
    Analytical tools show how distribution dynamics of cargo will shape profits
  • Banking sanctions restrict Iran-linked P&I payouts
    Moves to loosen Tehran trade restrictions have yet to ease payment of claims
  • German owners exposed to Zim's charter rate cuts
    Israeli line's financial restructuring will hit all creditors
  • PwC study shows a further slip in shipping's financial health
    Analysis of 150 companies' accounts reveals an average zero return on net assets
  • DHT buys two secondhand VLCCs
    Analysts blame lower fourth-quarter spot exposure for weaker than expected results
  • Panama Canal handles record tonnage thanks to strong US harvest
    Waterway tops predictions by 5% for fiscal year's first quarter
  • Japan shipyard export orders rise 57%
    Weaker yen lured foreign owners to book eco-efficient dry bulk ships last year
  • Textainer expands its owned box fleet
    Container leasing giant buys 30,000 teu equivalents
  • Hapag-Lloyd and CSAV sign MOU to merge box units
    Deal would create world's fourth-largest box shipping outfit and may see a Hapag-Lloyd IPO
  • Hamburg Süd buys abandoned Ship Finance International newbuilding
    German owner secures a discount of more than 20% from Shanghai Shipyard
  • The calm after the storm
    Things are looking up for insurers but greater discipline is required in the hull market

Fairplayweb site
JANUARY 23, 2014
  • Evercore debuts drybulk coverage
    Evercore analyst Jon Chappell, long known for his tanker research, has branched out into drybulk analysis and pegged Scorpio Bulkers and Safe Bulkers as his top picks
  • DHT weighs M&A options
    DHT will continue its fleet expansion and is now considering merger-and-acquisition opportunities, according to chief executive Svein Moxnes Harfjeld
  • Brightoil expects to return to profit
    Hong Kong-listed Brightoil Petroleum expects the last six months of 2013 to yield a profit, due to better performance in the oil trading and bunkering business
  • La Spezia bucks Eurozone inertia
    Italy's second-ranked container Port of La Spezia has defied the economic stagnation in the Eurozone by registering container traffic growth of 4.3% in 2013
  • Sea trade set to exceed 10Bn tonnes in 2014
    Sea trade may break through the 1 billion tonnes mark this year, delegates at the Marine Money Ship Finance Conference were told in London today (23 January)
  • Deiulemar Shipping bought for $111.83M
    Maltese registered Heron Ventures has acquired the dry bulk business of bankrupt Italian company Deiulemar Shipping for €82.5 million ($111.83 million) in a court-organised auction, according to the Italian news agency ANSA
  • Turkey cancels Derince port sale
    Turkey has cancelled its planned privatisation of the Port of Derince in Izmit province, northwest Turkey, after bidders failed to match the minimum $516M asking price for the port

The Journal of Commerceweb site
JANUARY 23, 2014
  • Express Carriers to Limit Shipments to Russian Consumers
  • Shanghai Retains Top Spot Among China's Ports
  • Analyst: CSAV, Hapag-Lloyd Merger Won't Reduce Industry Competition
  • Long Beach to Spend Millions on Port Improvements
  • Economy, Freight Demand to Improve in 2014, Experts Tell SMC3
  • Port of Charleston's Container Throughput Climbs
  • NJ Governor Signs NY-NJ Port Fee Repeal
  • Union Pacific's Profit Soars to All-Time High
  • Zim Debt Deal Paves Way for Ship Orders, Partnerships, IPO

TradeWindsweb site
JANUARY 23, 2014
  • M&A on the menu too
    DHT Holdings is on the lookout for more opportunities to expand its fleet of tankers, according to chief executive Svein Moxnes Harfjeld.
  • Guidry: 'there will be fuel'
    Gulf Coast Shipyard has launched the first of six dual-fuel platform-supply vessels (PSVs) that were ordered by US compatriot Harvey Gulf less than one year ago.
  • Khanna sets sights on IPO
    Pankaj Khanna's Pioneer Marine has added four newbuildings to its fleet as it builds up ahead of an initial public offering.
  • V for Volatility
    Freight rates are on the rise and the darkest days of the downturn have passed but there's a strong chance the bulker market will be more volatile than ever in 2014, Compagnie Maritime Belge (CMB) warned investors Thursday.
  • Laker owner's profit sinks
    Weather delays helped push American Steamship Company (ASC) into a 38% decline in its quarterly profit.
  • CMB goes stainless
    Compagnie Maritime Belge (CMB) has forged an alliance with an affiliate of diversified Belgian compatriot Cobelfret.
  • Bocimar bulks up
    Bocimar has firmed up a contract to construct five capesize bulkers at Imabari Shipbuilding in Japan.
  • No fear
    Owner's should not fear a shipping recovery being wrecked by the run of money from the capital markets and private equity, veteran banker Jeff Pribor says.
  • Haisheng hitting heights
    China Shipping Haisheng is expecting to announce a return to profit for 2013.
  • Ferry evacuated
    Passengers were being evacuated on Thursday from a Philippines ferry that had run aground.
  • Talis eyes ship buys
    London private equity firm Talis Capital is gearing up to swoop for at least six dry cargoships in 2014.
  • Forest crew transferred
    The crew of the abandoned bulker Rich Forest have been transferred on to a US Coast Guard (USCG) cutter in the Pacific.
  • Rem enters new arena
    Rem Offshore is looking to break into the harsh environment offshore market with its first winterized PSV newbuilding.
  • Norshore in bond bid
    Norshore has turned to the bond market for $150m to help pay for a newbuilding from Otto Marine.
  • "Window of opportunity"
    Oil tankers can do better this year than market fundamentals would suggest, ICAP head of tanker research Stavroula Betsakou predicts.
  • Capes set for spring surge
    Capesize owners should not to panic about a current slump in charter rates as they will boom by the spring.
  • Bumi fixes duo
    Malaysia's Bumi Armada has fixed two platform supply vessels (PSVs) into Angola for a potential $48m.
  • Clarksons takes two
    Clarksons has hired two brokers from Aquamarine Shipping Consultants as it set up shop in Uppsala, Sweden.
  • Yard buys Dohle bulkers
    Yangzijiang Shipbuilding has bought Peter Dohle's majority share in a quartet of jointly-owned panamax bulkers for just $5m.
  • Panama Canal hits peak
    The Panama Canal has recorded a record tonnage haul in its first quarter.
  • CMA CGM releases Rhino
    France's CMA CGM has launched a new feeder run to take advantage of growing cabotage opportunities in Mozambique.
  • Q-Ship seals $425m loan
    Qatar Shipping (Q-Ship) has clinched a new $425m loan to refinance four LNG carriers owned with Japan's big three.
  • Aggressive Keppel banks more
    Keppel Corp has seen its fourth quarter profit lifted thanks to a stronger showing from its Offshore & Marine division.
  • Zim eyes tie-ups as IPO back on
    Israeli container line Zim has finally confirmed details of its huge debt restructuring, which will see borrowing cut to between $1bn and $1.5bn from $3bn.
  • ATM boosts cash pile
    Frontline's upsized ATM offering will lift its cash position to $160m, a prospectus filed with US regulators shows.
  • GasLog banks $199m
    GasLog has ended $199m to the good following the completion of an equity issue and private placement.
  • Eastern promise
    Icelandic container line Eimskip has signed a cooperation deal with China's giant Cosco group.
  • Piracy clause amended
    Intertanko has amended its model piracy clause to take into account security issues specific to the Gulf of Guinea.
  • Maersk selling again?
    AP Moller-Maersk looks likely to sell another non-core business in the shape of oil and gas services operation Danbor.
  • Bijela on the block
    Montenegro is trying again to sell off Adriatic Shipyard Bijela.
  • Hammonia backs Mojo
    German shipowner Hammonia Reederei has agreed to finance and build the first of a new class of offshore construction vessel.
  • Kim Heng jumps on debut
    Kim Heng Offshore & Marine has raised SGD 36.4m ($28.9m) in net proceeds following a successful IPO in Singapore.
  • DHT picks up Gulf VLCCs
    A cash-strapped UAE tanker operator has been tipped as the seller of two VLCCs to DHT Holdings.
  • Prestige files IPO
    Private equity backed Prestige Cruises Holdings has filed with US regulators to raise up to $250m in an initial public offering (IPO).
  • DHT sheds the red
    DHT Holdings turned in a fourth-quarter profit Wednesday thanks in large part to the recent sale of a claim against bankrupt US tanker operator Overseas Shipholding Group (OSG).
  • Japan ends on high
    Japanese shipyards experienced a strong end to the calendar year with newbuilding orders remaining robust.
  • Al Gharrafa sheds cargo
    Al Gharrafa, the 215,000-cbm Q Flex LNG carrier involved in a collision off Singapore just before the New Year, is to have its cargo transferred to another Q-Flex LNG carrier, the 216,000-cbm Al Ghashamiya (built 2009).
  • Take two
    DHT Holdings has added two more VLCCs to its fleet of tankers in a transaction worth nearly $100m.

American Shipperweb site
JANUARY 23, 2014
  • Israel Corp. details restructuring plan for Zim
    In a filing with the Tel Aviv Stock Exchange and Israel Securities Authority, Zim's parent company Israel Corp. outlined a "term sheet" for a financial restructuring of the container shipping company.
  • Transplace study finds fuel surcharge most common accesorial
    A benchmark study on transportation accessorials from Transplace has found that shippers are not always accurately applying fuel surcharge schedules to their domestic transportation process, among other findings.
  • Panama Canal tonnage reaches new high in Q1
    The Panama Canal Authority said it registered a tonnage record of 87.7 million tons during the first quarter of its fiscal year.
  • ATA: 2013 truck tonnage ends on 'high note'
  • Norfolk Southern sees quarterly, yearly gains
    "We're seeing the results of our investments in network capacity and technology enhance our ability to offer superior service to all of our customers," Norfolk Southern's CEO said.
  • FedEx, Nissan to test electric car in North America
  • MOL names new leadership
  • AAEI to tackle trade challenges at annual conference
  • Seaboard Marine expands in Florida
  • Hapag-Lloyd, CSAV plan to create fourth-largest container carrier
    Hapag-Lloyd said it has signed a memorandum of understanding with the Chilean container shipping company CSAV about combining the container shipping operations of the two companies.
  • Gov. Christie signs bill that would end port cargo fee
    Opponents of a fee charged by the Port Authority of New York and New Jersey on cargo moving through the port are halfway toward their goal of having it eliminated.
  • Seago offers service connecting Aarhus and St. Petersburg
  • Executive moves

The Bunker Bulletinweb site
JANUARY 23, 2014
  • Private Equity fund sees shipping opportunity
    Strategy focused on young, fuel-efficient tonnage.
  • IFO prices soft in northwest Europe
    IFO prices soft in Rotterdam and Hamburg.
  • Tight avails in Fujairah
    Cape Town MGO: no avails.
  • Fuel oil ouput up at Russian refinery
    Bashneft-Novoil plant increasing fuel oil production.
  • Fuel oil stocks at two-and-a-half month low
    Singapore's onshore stocks fell down 5.4% in week to January 22.
  • Methanol driven tankers to include 'important safety measures'
    DNV GL sees methanol 'as part of the future energy mix for shipping.'
  • Moves afoot to establish glycerine as a marine fuel
    Meeting to hear results of glyercine-fuelled engine run.
  • Customers need to be warned on 2015 fuel costs
    'We're surprised that so few carriers have made announcements about ECA implications.'
  • 'Costly bunkers' could compromise safety
    Ferry sector should 'leave pay and conditions alone'.
  • Cruise ship design will 'significantly reduce' fuel consumption
    Bunker savings attainable by 'optimising the ship's hydrodynamics'.
  • Asian IFO prices northbound in trade
    Meanwhile, MGO traded without direction.
  • Equity firm seeks partners for bunkering project
    Investment could reach $380 million.
  • 'Taxes would bring transparency' to Nigerian bunker market
    Government's move to reform the bunker sector a 'good development', says expert.
  • Monjasa eyes Asian growth
    Staff numbers at Singapore to grow, says CEO.
  • LNG carrier completes engine upgrade
    Ship can now run on LNG, fuel oil or gasoil.
  • Evergreen confident of fuel-efficiency 'dividend'
    'Significant enhancing' of fuel efficiency in operations follows fleet renewal.

›››File
FROM THE HOME PAGE
ZIM also records a recovery in the second quarter
SHIPPING
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
PORTS
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%)
PORTS
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
COMPANIES
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
ACCIDENTS
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
PORTS
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
COMPANIES
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
PORTS
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%)
PORTS
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
PORTS
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
PORTS
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%
PORTS
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%)
SHIPPING
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
SHIPPING
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
SHIPPING
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
PORTS
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
SHIPPING
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
ACCIDENTS
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
SHIPPING
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
SHIPYARDS
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
SHIPPING
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.
CRUISES
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
ACCIDENTS
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
SHIPPING
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
ACCIDENTS
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
LOGISTICS
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
SHIPPING
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
CRUISES
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
SHIPPING
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
SHIPPING
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
PORTS
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
RAILWAY TRANSPORT
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
PORTS
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
CRUISES
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
SHIPYARDS
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
PORTS
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
SHIPPING
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
CRUISES
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
SHIPPING
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PORTS
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
PORTS
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
RAILWAY TRANSPORT
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
SHIPYARDS
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
SHIPYARDS
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
SHIPYARDS
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
ACCIDENTS
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
CRUISES
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
PORTS
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
PORTS
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
COMPETITION
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
FREIGHT TERMINALS
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
INTERMODAL TRANSPORT
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
PORTS
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
PORTS
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
LEGISLATION
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
ACCIDENTS
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
SHIPPING
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
PORTS
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
TRANSPORTATION
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
SHIPPING
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
TRANSPORTATION
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
ACCIDENTS
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
PORTS
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
PORTS
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
PORTS
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
ACCIDENTS
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
PORTS
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
PORTS
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
CRUISES
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
PORTS
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
PORTS
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%)
SHIPPING
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%
SHIPPING
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%.
PORTS
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%.
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
PORTS
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
INDUSTRY
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
SHIPPING
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
PORTS
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
SHIPPING
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
COMPANIES
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%)
MOURNING
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
PORTS
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
PORTS
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
PORTS
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
COMPANIES
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
PORTS
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%
PORTS
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%
LOGISTICS
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
LOGISTICS
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.
SHIPPING
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
PORTS
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
SHIPPING
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.
SHIPPING
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
ACCIDENTS
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
PORTS
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
PORTS
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%)
INTERMODAL TRANSPORT
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.
PORTS
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
ACCIDENTS
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
SHIPPING
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
COMPANIES
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
PORTS
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
PORTS
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
PORTS
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
EDUCATION
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
INTERMODAL TRANSPORT
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
TRANSPORTATION
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
ACCIDENTS
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
INFRASTRUCTURE
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
LOGISTICS
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
LOGISTICS
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
PORTS
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
COMPANIES
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
PORTS
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
PORTS
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
INDUSTRY
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
PORTS
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
LOGISTICS
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
ASSOCIATIONS
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
PORTS
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
FREIGHT TERMINALS
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
INDUSTRY
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
OFFSHORE
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
LOGISTICS
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
ASSOCIATIONS
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
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
MEETINGS
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
SHIPPING
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
EDUCATION
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
NEWS
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
INDUSTRY
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
SHIPPING
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
ACCIDENTS
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
ACCIDENTS
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
SHIPPING
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
INTERMODAL TRANSPORT
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
PORTS
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
CRUISES
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
PORTS
Western Liguria Port Authority approves 2026 budget update
Genoa
PORTS
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
INDUSTRY
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
PORTS
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
PORTS
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
SEAFARERS
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
PORTS
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
PORTS
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
PORTS
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
PORTS
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
PORTS
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
RAILWAY TRANSPORT
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
PORTS
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
PORTS
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
SHIPYARDS
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
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