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Independent journal on economy and transport policy
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October 24, 2014
Sched Netweb site
  • Hong Kong shippers demand congestion surcharge be dropped
  • Long Beach Sept up 7.3pc to 629,771 TEU, LA up 9pc to 775,113 TEU
  • FMC mulls internal probe into its own Ocean Three processing
  • Global supply of box shipping capacity decreased in September
  • CMA CGM buys 7,000 FEU high-cube carbon-light reefer boxes
  • Union federation blasts countries that turn ships away on Ebola fears
  • UK trucker shortage caused by early peak and new regulatory burdens
  • Singapore to start pilot project to supply LNG to ships by 2020
  • Matson settles with DOJ over molasses spill for US$1 million
  • UN's IMO approves Polar Code to punish pollution from ships
  • NYK's ballast water management system is approved by Tokyo
  • CenterPoint acquires 317,500 square foot working site in Avenel, NJ
  • China iron ore imports have Baltic Exchange bulker rates soaring 38pc
  • War zone specialist National Air Cargo files for Chapter 11 protection
  • Schiphol quarterly cargo volume up 6.7pc to 409,382 tonnes
  • Global air cargo market expected to pick up soon, says Emirates
  • Nippon Cargo Airlines settles for US$45 million fine in price-fixing

International Transport Journalweb site
  • Seattle und Tacoma - Neue Freunde am Pazifik
  • More trucks on Germany's toll roads
  • CIS: rail market continuing to grow - albeit slowly
  • Corpus Christi and Tianjin snuggling up
  • SAS COO leaves after 25 years
  • Antwerp heading for record year
  • FAA fining six companies for hazmat regulation infringements
  • Norfolk Southern reports another record-setting quarter
  • ABC appoints new GSA for US Pacific Northwest
  • UPS rates to climb in North America
  • Construction work underway on South Heart rail terminal
  • Carr to drive design at Lotus
  • Ethiopian Airlines more often to Tel Aviv and new to Tokyo
  • Jettainer emphasizing business in the USA
  • Lufthansa Cargo has found Otto's successor
  • Is it "hard astern" for slow steaming trend?

IHS Maritimeweb site
OCTOBER 23, 2014
  • Matson agrees to $1M fine
    Honolulu-based Matson Inc has agreed to pay $1M after pleading guilty to polluting Honolulu Harbor with molasses. The payment, resulting from two misdemeanor violations, comprises a $400,000 fine and a $600,000 community service payment to support invasive algae clean-ups in Hawaii. Matson said in
  • MSC bolsters service to US Northeast
    Mediterranean Shipping Company (MSC) will continue to provide direct service from Northern Europe to Boston and Philadelphia despite service changes resulting from its vessel-sharing alliance with rival Maersk. On 23 October Geneva-based MSC said that while its pact with Maersk, known as 2M, did
  • Royal Caribbean guidance disappoints
    Despite expectations for record earnings, Royal Caribbean shares fell after the fourth-quarter outlook came in below Wall Street consensus. Royal Caribbean reported net income of $490.2M for 3Q14 versus $365.7M in 3Q13. Adjusted earnings of $2.20/share were slightly above the Wall Street analyst
  • Newbuilding prices under downward pressure, says Wärtsilä
    Wartsila, the listed Finnish engineering group that manufactures diesel engines and provides a wide portfolio of technical and design services for shipping, says newbuilding prices are under downward pressure. "During the period January-September 2014, 1,395 contracts for new vessels were
  • Europe and South Africa trade in transition
    Changes in automotive cargo flows and disruptions to citrus exports ex South Africa have forced container lines to shuffle capacities, according to Deutsche Afrika-Linien (DAL). The smallest partner of the SAECS consortia - other members being Maersk, Safmarine, and MOL - said it has expanded its
  • Lerwick awards £16.5M jetty contract
    In its biggest investment to date, Lerwick Port Authority (LPA) has awarded a £16.5M ($26.5M) contract to local company Tulloch Developments to build a new jetty that will benefit the offshore sector as well as the port's fishing fleet. To be built at the Shetland Islands port's Holmsgarth North
  • Dry bulker newbuilding prices drop
    Weak freight rates have driven second prices of dry bulk carriers lower and signs of a fall in newbuilding prices have started to emerge, said shipping analysts at Arctic Securities ASA in Oslo, Norway. "While the recent drop in secondhand values already has driven some segments down some 15%
  • Siem Offshore 3Q14 profit dips but strong orderbook ahead
    Listed Norwegian offshore services company Siem Offshore suffered a slight dip in 3Q14 net profit, but it has a strong orderbook of future business. Group net profit fell to $18.5M in 3Q14 from $22.6M in the same period last year as net financing expenses rose by about $4.0M to $14.4M. Revenues
  • Scrubbers save money for shipowners
    Scrubbers will save money for shipowners in the long term, according to Keith Forget, group fuel specialist at Veritas Petroleum Services (VPS) in his speech at this year's Singapore International Bunkering Conference and Exhibition last month. As the Emission Control Areas' (ECA's) 0.10% sulphur
  • KSS Line signs LPG contract with Itochu
    South Korean gas and chemical shipping company KSS Line has signed a long-term LPG shipping contract worth KRW77.8Bn (USD73.6M) with Japan's Itochu Corporation. A 84,000m³ gas carrier ordered by KSS Line at Hyundai Heavy Industries in August will be used to service this contract, which will run
  • Nordic Maritime fixes out subsea vessel at $70M
    Singapore-based offshore oilfield service provider Nordic Maritime said today it has fixed out its DP2 IMR subsea vessel Mokul Nordic at $70M for five years to Noble Energy. "At Nordic Maritime, we are delighted to have won this long-term charter contract directly with a highly reputed
  • China ranked top for offshore vessel orders
    Chinese shipyards have received 138 orders for offshore units from January-September, up 2% year-on-year (y/y) and is ranked first place in the world, said Zhang Qi from China Shipbuilding Industry Research Center (CSIR) at Shiptec China today. These orders valued a total of $11.12Bn, a 1% increase
  • VLGC owners should look beyond US Gulf exports
    As the orderbook for very large gas carriers (VLGC) continues to grow, VLGC owners should not count too much on US Gulf LPG exports filling all available ships, said IHS Waterborne Energy. Looking forward, there appears to be two emerging and conflicting sentiments. On the one hand, as charterers
  • One dead in accident at Chengxi Shipyard
    A worker at the Chinese yard CSSC Chengxi Shipyard, Guangzhou, died on 13 October after falling off a four-storey scaffolding during work. Around 09.25 local time on 13 October, the worker fell to the bottom of a dry dock at the yard when a vessel was under repair there, local authorities said
  • No net additions for Handysize
    There were no net additions to the Handysize bulker fleet in September as the number of newbuilding deliveries was equal to the number of demolitions. IHS Maritime's Sea-web.com data showed 12 deliveries and 12 demolitions. The 12 ships that were demolished were built from 1978-1989, while a
  • Analyst: Buy HHI stocks after 3Q results
    Although some investors wonder if it is now time to start buying Hyundai HI (HHI) stocks while the prices are low, it is advisable to wait for the shipbuilder's 3Q14 results before buying in, said Samsung Securities in a research note. Samsung Securities analyst Young-soo Han said, "Shares of the
  • Keppel's revenue rises 22%
    Singapore-listed conglomerate Keppel Corporation (Keppel) posted its 3Q14 revenue, which was up by 22% to $6.18Bn year-on-year from its offshore and marine segment. The higher earning is due to the revenue recognition from an ongoing project and thanks to a one-off bonus of BRL4M ($1.6M) from the

Marine Logweb site
OCTOBER 23, 2014
  • GD BIW gets another $35.5 million for DDG 1000 class services
  • John Deere expands Marine Tier 3 engine lineup
  • Short sea operators hope for BWTS exemption
  • Eastern Shipbuilding adds three more
  • Over-reliance on AIS a factor in Dover Strait collision
  • Cargotec: MacGregor to be reorganized into divisions
  • VT Halter cuts steel for first Crowley LNG fueled ConRO
  • Innovative fouling defense coating racks up references

World Wide Shipperweb site
OCTOBER 23, 2014
  • Port of Seattle earns honor for foreign trade zone growth
  • VT Halter Marine begins work on new Crowley LNG ConRo vessel
  • Port Angeles Coast Guard office will host Veterans Day celebration
  • Lock gate for Panama Canal making its way to Pacific side
  • Boeing teaming with COMAC to test cooking oil as aviation fuel

Lloyd's Listweb site
OCTOBER 23, 2014
  • Seanergy has no immediate plan for reverse stock split despite winning shareholder approval
    Greece-based bulk player says it is 'close' to adding capesize tonnage to reboot its fleet
  • Denmark and Cyprus vie for IMO top job
    Nordseth and Chrysostomou hope to succeed Sekimizu as secretary-general
  • Tianjin adds three coal berths to meet China's growing energy needs
    The port's venture with Shenhua will boost capacity by 35m tonnes a year
  • NewLead fixes eco-handysize bulker at a 'premium' to the market rate
    Owner confirms its $1.7m annual earnings goal for its one-year-old vessel
  • Aronnax: Polar Code is no longer on ice
    Free to read: New regulations coming into force but will remain a work in progress
  • Product tankers improve their fortunes
    Baltic Exchange reports a rise in daily earnings across all trade routes
  • Lloyd's of London reappoints LOF panel
    Average award to salvors now stands at 23%
  • Standard & Poor's reaffirm Nakilat's top credit rating
    Qatari LNG shipowner shows consistent profitability, says S&P
  • Panama Canal receives its first Pacific lock gate
    Authority says the waterway's multibillion-dollar expansion is 80% complete
  • Wärtsilä profits down
    Ship power orders are bolstered by LNG and LPG vessel newbuildings
  • Tanker Investments buys back $30m of stock
    Winter demand surge offers an opportunity to generate shareholder value, says Hung
  • MSC plans direct Boston and Philadelphia calls from Europe
    World's second-largest box line will exclusively operate the service to new US destinations
  • Why did Edith Maersk call London Gateway?
    Mystery surrounds UK port's largest vessel call
  • Ebola: small things make a big difference in halting spread of the disease
    CMA CGM's Africa Lines vice-president Mathieu Friedberg explains the steps taken to protect staff and ships' crews while keeping West Africa's trade lanes open

The Journal of Commerceweb site
OCTOBER 23, 2014
  • Prince Rupert expects wave of diversion cargo from LA-LB congestion
    Fairview Container Terminal at the Port of Prince Rupert. Source: Flickr CC - B.C. Ministry of Transportation and Infrastructure The massive congestion affecting the ports of Los Angeles and Long Beach is creating a fresh wave of diversions to other ports as shippers flee the worst congestion that the largest port complex...
  • Container ships still backed up at LA-LB
    Vessels are still backed up off the ports of Los Angeles and Long Beach as gridlock at the Southern California ports continues. Six container ships were anchored outside the ports Thursday. That was up from five Wednesday but down from eight on Tuesday. Waiting for berths Thursday were the Cap Avatele, operated by...
  • FedEx plans for record holiday volume
    FedEx said it has plans in place to handle expected record volume of holiday shipments this year and avoid a repeat of 2013's late-shipments debacle. The company expects to move more than 290 million shipments between Black Friday and Christmas Eve, which would be a year-over-year increase of 8.8 percent. FedEx...
  • CEVA adds trucks, trailers in UK
    Third-party logistics provider CEVA Logistics said it will spend $20 million to expand and update its United Kingdom truck fleet. CEVA will add 40 trucks, 120 tractor units and 180 trailers by the end of 2014. The vehicles will be equipped with telematic systems for tracking and measurement. Use of telematics systems...
  • Planning for the Consumer Shift in China: 5 key Supply Chain Focus Areas
    This report on China will provide a broad but comprehensive view of the logistics challenges facing foreign firms in China these days. After looking at the changing landscape of opportunities in China -- new regions; more focus on consumers -- the report will analyze the multiple challenges of managing logistics...
  • Intermodal growth taxes NS
    Norfolk Southern Railway said it is working to correct service problems that accompanies faster-than-expected 10 percent growth in intermodal volume during the third quarter. this year resulted from a faster-, like other Class I railroads, didn't expect this year's surge in volume and was operating at crew and locomotive levels well...
  • Brazil election highlights port, shipping issues
    Brazil's presidential election Sunday has important implications for efforts to put the country's ports and maritime industry.on a more solid footing. Incumbent President Dilma Rousseff , of the Workers Party (PT) is in a close runoff with Aécio Neves of the right-of-center Social Democracy Party. Roussef won 41.6 percent of the...
  • Matson to pay $1 million for molasses spill
    Matson Inc.'s Matson Terminals subsidiary will plead guilty to two misdemeanor violations and pay a $1 million penalty to resolve all federal criminal charges arising from a September 2013 molasses spill in Honolulu Harbor. The company had been charged with illegally discharging more than 230,000 gallons of molasses from a pipe...
  • Trucking deals driving transportation M&A growth, PwC says
    There were 48 mergers and acquisitions in the transportation industry in the third quarter of 2014, totaling $13.6 billion, according to analysis by PricewaterhouseCoopers. Nearly 40 percent of the major deals monitored by PwC occurred in the trucking and logistics sectors, the company said in its quarterly analysis released today. Though...
  • APMT disputes ITF on Aqaba port strike
    APM Terminals has disputed the International Transport Workers Federation's description of last week's strike at Aqaba Container Terminals in Jordan as a "victory" for the union representing the terminal's dockworkers. "We find the ITF's statements misleading, incorrect and not supported by facts...The strike was premature and illegal, especially when held during...
  • Chiquita, Fyffes outline cost savings from proposed merger
    Chiquita International and Irish banana seller Fyffes are busy wooing shareholders, saying the synergies of a combined company would result in $60 million in annual savings, much of it from lower transportation and fuel bills. Shareholders won't vote on the merger (or address a competing bid for Chiquita) until the...
  • German shipping banks may fail ECB stress tests
    The world's largest ship financiers, mostly German, could see their vessel assets, dominated by container ships, written down by up to 20 percent in the European Central Bank's impending review of Eurozone banks' resiliency. The ECB on Oct. 26 will publish the results of its stress tests, which gauge the capacity...
  • Antwerp box traffic up 5 percent, on track for record year
    Antwerp's container traffic grew 5 percent year-over-year in the first three quarters of 2014, putting the Belgian port on track for a record total throughput in 2014. The Port of Antwerp has grown year-over-year for the past four quarters. Full-size image Europe's third-largest container hub handled 6.73 million 20-foot equivalent units in the...
  • MSC to continue Boston-Philadelphia services outside 2M
    Mediterranean Shipping Co. will continue to operate a direct service between North Europe and Boston and Philadelphia alongside its forthcoming 2M Alliance with Maersk Line. The decision was aided by a Pennsylvania cargo-incentive program that provides $1 million annually for five years to pay carriers $25 per container for each lift...
  • US footwear importers look to slash tariffs
    Footwear importers last year paid $2.5 billion in duties, which are meant at least in part to protect domestic producers from low-cost imports, but in reality footwear accounts for a tiny percentage of U.S. jobs. Therefore the Footwear Distributors and Retailers of America, the industry trade association, is urging passage of...

TradeWindsweb site
OCTOBER 23, 2014
  • Earnings season underway
    Forecasters are bracing for a bloody earnings season in response to revelations about Bocimar's lacklustre performance in the third quarter.
  • Bocimar bins more orders
    A Belgian bulker operator has abandoned six more newbuildings that are under construction at Weihai Samjin Shipyard in China.
  • IOPC Funds rebuff for Gard
    The Gard protection and indemnity club has been dealt a further major blow in the battle that has developed over the Nissos Amorgos tanker spill 17 years ago.
  • MLP acquires Phoenix
    A US terminal operator has been linked to the acquisition of a Jones Act product tanker that captivated the sale-and-purchase market this week in the wake of speculation it commanded nearly $160m.
  • Royal Caribbean profit up
    Royal Caribbean Cruises delivered mixed news for the market as it reported a sharp improvement in third quarter profit.
  • Wartsila's cruise hope
    Finnish ship power group Wartsila is in pole position to land any engine orders arising from Carnival's new Chinese cruiseship venture.
  • Samudera back in black
    Singapore-listed Samudera Shipping has returned to profit for the third quarter with lower costs out-pacing a third consecutive revenue decline.
  • Products peak
    An 18-month high in the products tanker market has opened the door for investors to pick up shares in the sector's largest owners, analysts say.
  • ViaMar: no Valemax fear
    A lifting of China's ban on the entry of Valemax vessels will have only a minimal impact on dry cargo rates, Norwegian researchers ViaMar say.
  • EMAS makes less
    Recently-merged EMAS Offshore has seen its profit slip in the three-month period ended 31 August despite an increase in revenue.
  • NewLead fixes newcomer
    Greece's NewLead Holdings says it has fixed a newly acquired eco-handysize on a short-term deal above market rates.
  • Teichert staying on
    German ship finance house Lloyd Fonds is keeping its CEO Torsten Teichert for another three years.
  • Deep Sea extends deals
    Norway's Deep Sea Supply has stretched two existing offshore vessel charters for up to four years with Brazil's Petrobras.
  • Crede selling FREE stock
    Crede Capital Group (CCG) has filed to sell a slice of Greek bulker owner FreeSeas' stock worth up to $2.975m.
  • AIS not enough
    A UK accident report has found that a German multipurpose was in collision with a barge off Dover because its watch officer was relying on AIS data, not radar.
  • Siem Offshore stronger
    Siem Offshore has posted a slight increase in its third quarter earnings on higher operating revenue.
  • Drifting ship towed
    A Dutch cargoship has been safely brought into port after losing power off Scotland.
  • TIL to buy back
    Tanker Investments Ltd has today issued a profit warning and laid out plans for a share buyback.
  • Daydreaming captain
    A captain of a ferry that ran aground two years ago was found to be "lost in his thoughts", a US Coast Guard (USCG) report said.
  • Harim eyes Pan Ocean
    Korean chicken processing group Harim is ready to bid for restructured shipowner Pan Ocean.
  • Wartsila earnings slip
    Finnish ship power group Wartsila has posted lower nine-month earnings despite stable revenue.
  • Hyundai Heavy faces strike
    Hyundai Heavy Industries (HHI) is facing its first strike in 20 years after unionised workers voted to walk out.
  • Zhao takes full control
    Titan Petrochemicals Group has seen its chief executive step down after less than seven months in the role.
  • Noble fixes Nordic newbuild
    Nordic Maritime has secured a five year time charter for its new DP2 IMR subsea vessel in a deal worth $70m.
  • Seroja bulker arrested
    Seroja Investments has seen a jointly-owned panama bulker arrested by a company thought to represent a Greek shipowner.
  • Global steel output stalls
    Levels of steel production in China remained unchanged from a year ago in September, as global growth ground to halt.
  • KSS in Itochu tie-up
    South Korea's KSS Shipping has agreed a seven year deal with Japan's Itochu Corp for the shipment of LPG.

American Shipperweb site
OCTOBER 23, 2014
  • L.A. port commission postpones vote on YTI expansion
  • COMMENTARY: Payment a two-way street
  • Construction begins on new Crowley conro ships
  • Changes made to Asia New Zealand Express
  • Long Beach port fills management positions
  • Dry-bulk shipments grow 23% at Redwood City port
  • Etihad, Avianca partner on Bogotá-Europe service
  • AirBridgeCargo experiences tonnage increase
  • United sees record profit in Q3
  • CEVA makes U.K. investment
  • FAA fines companies for hazmat violations
  • FIATA donates to Ebola relief
  • Ports of L.A., Long Beach see more ships at anchor

The Bunker Bulletinweb site
OCTOBER 23, 2014
  • Construction of Crowley's LNG-fuelled ConRo ships begins
    Vessels will be used on Puerto Rico trade route.
  • Fuel-saving technology provider named in clean tech list
    Eniram technology helped clients save $35 million in fuel costs in 2013, firm says.
  • IBIA welcomes compromise on bunker quality checks
    'The measures will improve the situation," says chief executive.
  • Fuel oil stocks down
    November arbitrage volumes expected to climb.
  • Fall in bunkering operations curtails port's income
    Loss of revenue linked to fewer bunkering calls at UK port.
  • New appointment at Glander
    Maurice Lara takes up post as a bunker and lubricant broker and trader.
  • Wartsila: Profit slips
    But revenue holds steady.
  • Low prices fail to stimulate demand
    Players in Chinese ports say ship operators have 'no intention' of stocking up.
  • Ferry operator expands service inside ECA waters
    'We are moving fast to capture the growth potential in the North Sea.'
  • Greek minister and LNG shipowners meet
    LNG as marine fuel was discussed.
  • OW Bunker posts quarterly loss
    Quarterly results 'disappointing', says CEO.
  • Russian refiner increases bunker production
    Output of bunker material in Q3 increased by 120%, says Bashneft.
  • Less efficient vessels 'capitalise' on falling fuel prices
    'Fuel efficiency benefits shrink as bunker prices drop.'
  • Titan Petrochemicals changes chief executive
    Current chairman of the board to take over.
  • Crude slips as US inventories rise
    Crude inventories increased to 377.7 million barrels last week.

›››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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