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BRIEFS
November 25, 2014
Sched Netweb site
  • Hanjin joins MSC in renewing congestion fee it had withdrawn before
  • US regulators stall merger of east and west-bound TSA quasi-conferences
  • CMA CGM appears to about to buy German short-sea operator as feeder
  • Bigger containerships put greater pressure on the container industry
  • International Energy Agency sees big shift in low-sulphur vs bunker ratios
  • Dock strife undermines west coast claim to be America's super gateway
  • London P&I Club calls for greater attention to masters' night orders
  • India's ship scrap market is hit hard by cheap Chinese steel slabs
  • Class society DNV GL deploys software to indicate accident likelihood
  • Cargo interests call for reform or end to Pierpass at LA-Long Beach port
  • China express grows 15pc a year - not nearly fast enough for e-commerce
  • LATAM Q3 operating income falls 116pc, blames shortfall on World Cup
  • Vietnam's Vietjet to become important link global sourcing supply chain

Exim Indiaweb site
NOVEMBER 24, 2014
  • APM Terminals signs expansion plan for Tema port
  • Asia-Europe rate on SCFI index falls again
  • CMA CGM launches CITRUS EXPRESS service for seasonal export of fruits between East Mediterranean & Black Sea
  • DNV GL signs cooperation agreement on LNG & gas solutions projects
  • G6 Alliance announces Pacific Atlantic service adjustment
  • Hapag-Lloyd welcomes Mexican approval for transaction with CSAV
  • High congestion at US West Coast ports force shippers to opt for airfreight
  • Maersk Line GRI from US to Asia
  • Maersk Line recognised as 'Shipping Company of the Year' at automotive awards
  • UASC announces upgraded MINA service to Med & USEC from 2015
  • Ashok Leyland wins $ 79.2-m order from Tanzania & Zimbabwe
  • Coffee exports may increase marginally, says USDA
  • Rice exports to be hit badly after Iran bans imports
  • Major Ports get together to enhance connectivity; to form new company
  • Rlys to unveil roadmap for next 4-5 years
  • ADB to provide $ 350 m loan for road upgradation in MP
  • Cabinet approves signing of SAARC Motor Vehicles Agreement
  • DGFT to look into cheap imports of pepper from Vietnam & Indonesia
  • FinMin takes steps to boost apparel export
  • Gail (I) to ramp up LNG purchase as oil drags prices down
  • INR turns weak on fresh dollar buying
  • Sitharaman to deliberate on intellectual property rights with US
  • Steps to be taken to boost orange exports: MahaOrange
  • Truck sales grow in last five months

International Transport Journalweb site
  • Exol splurging on fleet
  • Russian government orders TIR reintroduction
  • Broekman Distriport expands terminal
  • Austrian Post re-elects CFO
  • New app makes FPS user-friendlier
  • Competition watchdogs approve South African acquisition
  • For sale: railway lines in NRW
  • Zim riding the wave
  • Key promotion at Bridgestone Europe
  • Property developer building new logistics centre for Zufall
  • Canada: rail services start on new line
  • Vietjet launches cargo subsidiary
  • Nicaragua's gargantuan project under starter's orders

IHS Maritimeweb site
NOVEMBER 24, 2014
  • Panama faces new labour accusations
    The International Transport Workers' Federation (ITF) has alleged that the Panama Canal Authority (ACP) is breaching the country's commitments to global labour principles. In a statement on 24 November, ITF general secretary Steve Cotton claimed that the ACP's attempt to close down tugboat captains
  • Cruising's China race intensifies
    Hours after Carnival Corp announced a possible Chinese shipbuilding joint venture, Royal Caribbean confirmed its own joint venture targeting Chinese cruisers. According to a statement after market close on 21 November, Royal Caribbean's new JV is called SkySea Cruises. Royal Caribbean will own 35%,
  • Oil & Gas UK updates FPSO operations guidance
    Oil & Gas UK has today issued two updated sets of guidelines to help operators of floating production storage and offloading facilities (FPSOs), floating storage units (FSUs), and offtake tankers to adopt advances in industry good practice. "Issue 2 of the Mooring Integrity Guidelines provides
  • Far East cargo surge lifts Hamburg
    The Port of Hamburg today posted an almost 6% rise in cargo throughput for the first nine months, with double-digit gains in container volumes on trading links with Asia. Clawing back market share from its competitors, Rotterdam and Antwerp, the port has seen a 5.7% growth across all commodities
  • Qingdao Port strengthens ties with DP World
    China's Qingdao Port Group and Dubai's DP World entered a strategic framework agreement to enhance co-operation on 17 November. Both parties, under the framework agreement, intend to explore ways for further business growth based on a study of current liner services and trade volumes between their
  • BeiDou satellite network gains IMO recognition
    China's BeiDou Navigation Satellite System was officially recognised by the IMO as part of the organisation's World-Wide Radio Navigation System (WWRNS) at the 94th Session of the Maritime Safety Committee (MSC), said China's Ministry of Transport today. The circular on safety of navigation of
  • CMA CGM almost triples Q3 profits
    Third-ranking container line operator CMA CGM nearly tripled its third-quarter profits year on year, reporting net income up from $70M in Q3 2013 to $201M this year. Cargo carryings reached their highest level in the group's history, rising 8.3% over Q3 last year to 3.2M teu, while turnover
  • Rickmers-Linie sheds charter capacity
    Project and breakbulk shipping line Rickmers-Linie is forging ahead with a restructuring programme to cut losses. The scheme has seen its charter ship fleet cut back, operations and administrative processes reshuffled, and wage costs reduced, the line's CEO, Ulrich Ulrichs, told IHS Maritime.
  • Port of Antwerp blocked by strike
    Ship movements were at a standstill at the port of Antwerp today as dockers and other port service workers took part in the first of a series of 24-hour regional strikes over austerity measures planned by the Belgian government. A port spokeswoman told IHS Maritime that around 50 ships were waiting
  • Subsea 7 in up to $100M contract with Shell
    Subsea 7, the London-based seabed to surface construction company, says it has been awarded up to a $100M contract by Royal Dutch Shell for installation work in the Gulf of Mexico. "The contract value is in the range of $50M to $100M," Subsea 7 said. "The contract scope of work involves the
  • Syria court orders CMA CGM chairman payout to brother
    CMA CGM is ready to take legal action in Syria following reports that an appeal court in Damascus has ordered chairman Jacques Saadé to pay his brother, Johnny, more than €500M in a long-running legal battle over ownership rights in the company. French press agency AFP, which said last week
  • Australian crew stages sit-in on tanker
    Australian seafarers onboard the 30,040gt Tandara Spirit tanker are refusing to sail from Melbourne in protest against the loss of Australian shipping, fuel security, and jobs. Speaking with IHS Maritime on behalf of the crew, Kevin Bracken, Victoria Branch secretary of the Maritime Union of
  • Korea analyst warns against 'cheap' shipbuilder stocks
    Buying the most undervalued stocks, or allocating according to market capitalisation, is not advisable when choosing Korean shipbuilder stocks, according to a shipping analyst. Samsung Securities analyst Youngsoo Han said, "Korea's shipbuilders displayed a correlation co-efficient with the
  • APMT aims to conclude Tema extension agreement early next year
    APM Terminals hopes to reach final agreement on construction of a $1Bn-plus container terminal at the Ghanaian port of Tema during the first quarter of next year with the aim of opening the first part of the development before the end of 2016. Last week, the group announced it had signed a
  • One dead, two injured after lifeboat accident
    Accident investigations are continuing this week into the death of one seafarer and serious injuries to two other crewmen on a chemical tanker off the coast of Germany last week. The incident happened onboard the 11,951 GT chemical tanker MTM Westport, owned by MTM Westport of Singapore. The ship
  • Offshore key to BV expansion
    Offshore will be key to the 2015 expansion plans of Bureau Veritas (BV), Philippe Boisson, legal adviser to its marine and offshore division, told a year-end reception last night. BV, which in August acquired London-headquartered MatthewsDaniel, a key provider of loss adjusting and risk assessment
  • Petra Energy returns to black in 3Q14
    Malaysia-listed Petra Energy, a provider of brownfield services for the upstream oil and gas industry, recorded a profit of MYR8.1M ($2.4M) in 3Q14 ended 30 September 2014, compared with a loss of MYR3.5M in 3Q13. The improved results came from a 50% increase in revenue of MYR173M in 3Q14, compared
  • Mediterranean transhipment migrates south
    Europe's Med ports are continuing to lose out in the transhipment market to newer, more efficient container terminals in north Africa, according to a report by an Italian economic research centre. The report by the Research Centre of the Mezzogiorno, which is run by the Intesa Sanpaolo banking
  • Coastal Contracts 3Q14 net profits up 37.4%
    Malaysian offshore support vessels (OSV) fabricator Coastal Contracts posted a 37.4% year-on-year increase in net profits to MYR54.3M for 3Q14 ended 30 September 2014, largely spurred by scheduled upgrades and fleet renewals by asset owners. Net profit in the corresponding period last year was
  • SHI gains short-term boost from failed merger
    The scrapped merger plan between Samsung HI (SHI) and its affiliate Samsung Engineering lifts the short-term earnings outlook of SHI as there was concern that the engineering unit's losses would hurt SHI's bottom line, said an analyst in a research note. Daishin Securities analyst Feynman Jeon
  • OW Bunker chairman startled by DOT trading loss
    Denmark-headquartered OW Bunker's chairman Niels Henrik Jensen was "extremely surprised" by the huge trading loss incurred of its Singapore-based subsidiary Dynamic Oil Trading (DOT). Jensen said that the management of OW Bunker did not approve the credit line around $120M and $130M, given by DOT
  • Marco Polo year-on-year profits down 39%
    Singapore-listed integrated marine logistic company Marco Polo Marine (MPM) posted a year-on-year drop of 39% in profits to SGD2.51M ($1.9M) during 4Q14 ended 30 September 2014. Revenue dropped 17% to SGD23.6M at 30 September 2014 from SGD28.4M at 30 September 2013. The lower earnings derived from

Marine Logweb site
NOVEMBER 24, 2014
  • Louisiana shipyard builds "space port drone ship"
  • U.S.-built trawler will be most environmental friendly yet
  • EB gets $24.5 million more for Virgina on board spares
  • LR to class Maersk AHTS newbuilds at Kleven
  • Lake Assault Boats moves into new HQ building
  • MAN Diesel & Turbo power for U.S. trawler newbuild
  • Latest McAllister tug is JonRie equipped
  • IMO to be more flexible on ferry LNG tank location

World Wide Shipperweb site
NOVEMBER 24, 2014
  • First vessel undergoing repairs at new Vigor floating drydock
  • Hyundai Heavy Industries names world's largest containership
  • G6 Alliance carriers to adjust Pacific/Atlantic run
  • Port of Seattle releases box numbers for October
  • All parties approve merger between Kinder Morgan companies

Lloyd's Listweb site
NOVEMBER 24, 2014
  • Data Hub: Trade Routes
    Oil, containers and the Middle Eastern paradox
  • Diana Containerships sees charter rates inch up
    Company sees profits despite fewer ownership days
  • Navios results reveal capesize acquisition
    New York-listed company's revenues jump thanks to logistics subsidiary
  • Hamburg increases container market share in northern range
    German port outstrips its rivals as box traffic grows 6.4% in the first three quarters of 2014
  • Can Costa Concordia be a flagship for European ship demolition?
    Breakers will have to fight to compete with Asian yards on price, but can they beat them on quality?
  • Angelicoussis swaps VLCCs for new LNGs at DSME
    Greek owner books up to four new LNG carriers with Korean yard
  • Louis charters cruise vessel from KfW
    Ex-Olympic Explorer will be third ship for new brand Celestyal Cruises
  • South California congestion boosts Oakland box traffic
    Diverted cargo helps the port to record its biggest gain in imports for six months
  • Zim targets fourth-quarter profit
    Israeli shipping line expects to see further improvement as it benefits from a full quarter of restructuring-related savings
  • CMA CGM posts $201m net profit and confirms 18,000 teu deliveries in 2015
    UPDATE: Third-quarter volumes hit a record high and the firm forecasts a strong final three months
  • Antwerp disrupted by regional strikes
    Unions' protest over government austerity measures causes slowdown at Europe's second-largest port
  • CMA CGM posts net profit of $201m in third-quarter on record volumes
    French line confirms Ocean Three alliance on track to launch n early 2015
  • Industry viewpoint: shipping fortunes face the big squeeze
    Shipbuilding investment is creating a permanently overtonnaged industry

The Journal of Commerceweb site
NOVEMBER 24, 2014
  • Tough times ahead for US shippers, FTR warns, as port woes continue
    FTR Associates predicts "a very tough operating environment in early 2015" for U.S. shippers dependent on congested ports. The typical slowdown in freight tonnage during winter months will offer only a "minor and short-term reprieve" from higher U.S. transportation costs, Jonathan Starks, FTR's director of transportation analysis, said in a...
  • Hamburg works to overcome schedule and hinterland challenges
    With worsening delays at the Port of Hamburg, port leaders are hoping that newly formed alliances will improve on-time arrivals while at the same time seeking ways to improve the flow of containers to and from the hinterland. Delays are worsening on arrivals at Hamburg, especially for the largest ships that...
  • As freight demand rises, LTL carrier Holland moves to larger HQ
    The nation's largest regional less-than-truckload carrier is moving to larger digs. Holland will add another 35,000 feet to its headquarters as it shifts to an 85,000-square-foot building. "Our new location will give us the room we need to better serve Holland customers," Scott Ware, president of the 10th-largest U.S. LTL trucking...
  • Shippers rethink supply chains as LA-LB congestion pushes up costs
    Congestion and delays at the Los Angeles-Long Beach port complex continues to push up spot truck rates for shipments moving inland, according to DAT Solutions. For van freight, the average spot market rate from Los Angeles to Phoenix was $3.11 per mile in the week ending Nov. 15, down 3 cents...
  • Diana Containerships swings to net income gain on higher charter rates
    Diana Containerships swung back to profitability in the third quarter, reporting a net profit of $1.4 million on higher charter rates after losing $700,000 in the same period a year ago. The company's time charter revenue rose 18 percent year-over-year increase to $13 million net of prepaid charter revenue amortization. The...
  • Emirates expands Asia to East Africa services
    Emirates Shipping Line on Monday said it will expand its services connecting Asia and East Africa into two fixed-day weekly services that will ensure that "port delays do not impact the quality of service on either loop." The two new services, called the Asia Tanzania Express (ATX) and Asia Kenya Express...
  • CMA CGM profits triple in the third quarter
    CMA CGM's net income almost tripled in the third quarter as the French carrier's container volume surged to an all-time high. The results support the trend in which the largest carriers in the world are also the most profitable. Net income jumped to $201 million in the three months through September...
  • Strike brings Belgium ports including Antwerp to a standstill
    The port of Antwerp is at a standstill as dockers stage a 24-hour strike to protest the Belgian government's austerity program aimed at reducing the country's soaring national debt. Market Share in Northrange Ports - 2Q2014; Source: HHLA Full-size image The ports of Zeebrugge and Ghent have also been brought to a halt...
  • DFDS profits rise despite Russian sanctions, route closures
    DFDS's third quarter profit soared 17 percent even as northern Europe's leading short-sea shipping and logistics operator closed routes and rejigged its network as Russian sanctions hit its key Baltic trades. The Danish shipping and logistics company's operating profit grew to 423 million krone ($70.5 million) in the three months through...
  • Evergreen extends profitable run since joining CKYHE
    HONG KONG - Evergreen Marine recorded an $80 million net profit in the three months ending Sept. 30. as the carrier added a second profitable quarter since joining the CKYH Alliance in March. Capitalizing on the network benefits and lowering transhipment costs enabled Taiwan's largest carrier to significantly boost its earnings...
  • Christmas cargo driving congestion, Philippine officials say
    HONG KONG - The Philippine' cabinet cluster on port congestion, directed by cabinet secretary Jose Rene Almendras, will gather for a port forum on November 27 in Manila as officials struggle to address the bottlenecks that have troubled the gateway since late February. This latest meeting comes just a week after...

TradeWindsweb site
NOVEMBER 24, 2014
  • Aegean sees red
    Aegean Marine Petroleum posted a third-quarter loss Monday but the company is confident that the tides will turn in the coming year.
  • Exxon sells second suezmax
    It appears that ExxonMobil's US shipping subsidiary has entered the final leg of a race to sell two of its Jones Act tankers.
  • Deval ship saves trio
    A Turkish bulker has rescued the crew of a sailing vessel in distress off Florida and safely delivered them to dry land.
  • Gleeson goes for more
    A flood of criticism following a below par third quarter performance has not prevented BW LPG chief executive Nick Gleeson from topping up his holding in the world's largest VLGC owner.
  • Technip takes newbuilding
    Reach Subsea and Eidesvik Offshore are celebrating a firm contract for a newbuilding that marks the start of a collaboration project.
  • Passengers save ferry
    Passengers used GPS on their smartphones to guide a lost ferry back into Mumbai, India.
  • Why miss all the fun?
    RS Platou Markets has questioned why tanker investors are standing on the sidelines while owners are making all the money.
  • Solvang earnings soar
    The LPG carrier company said net profit was NOK 24.6m ($3.62m) to 30 September, compared to NOK 11.3m in the same period of 2013.
  • Diana back to black
    Diana Containerships has ridden its increased revenue to a profitable bottom line during the third quarter despite a drop in operating days.
  • Solvang sells share
    Norway's Solvang has offloaded a share in a 2008-built gas carrier for a small profit.
  • Skangass seals Eni deal
    Nordic supplier Skangass is to ship LNG from Belgium to Sweden in a new deal with Eni.
  • Navios reveals cape deal
    Navios Maritime Holdings confirmed the purchase of a capesize bulker from Berge Bulk as it reported a deeper than anticipated third quarter loss today.
  • Maersk tipped for MR swoop
    Maersk Tankers is tipped to have snapped up a quartet of medium range (MR) resales from a Greek owner in the latest expansion of its products tanker fleet.
  • DP teams with Qingdao
    Dubai's DP World has further strengthened its ties with Qingdao port in China after signing a strategic framework agreement to enhance port cooperation.
  • CMA CGM linked to OPDR
    France's CMA CGM is reportedly plotting a takeover move for German containership owner OPDR.
  • UK job for Fugro
    Netherlands' Fugro has won a geotechnical contract by DONG Energy that will see two of its vessels join investigation work for a big offshore wind project.
  • CMA CGM hits a peak
    French container line CMA CGM carried a record number of boxes in the third quarter as earnings jumped.
  • Belgium hit by strike
    Belgian port workers have walked out on Monday in a pay dispute.
  • Tsakos sees two bumper years
    New Intertanko chairman Nikolas Tsakos has predicted a couple of strong years ahead for the tanker market.
  • U-Ming on the rise
    Taiwanese bulker owner U-Ming Marine Transport has posted an increase in third quarter earnings as revenue grew.
  • EA launches IPO
    Malaysia's EA Technique is planning to raise up to MYR 74.2m ($22.13m) in a domestic IPO to expand its fleet.
  • Skaugen strikes Pareto pact
    IM Skaugen of Norway has changed tack on the sale of a gas carrier after drafting a deal with Pareto.
  • American Club seeks 4.5%
    The American Club is to seek a 4.5% general increase at the February renewal of protection and indemnity cover.
  • RCCL responds over China
    Royal Caribbean Cruises Ltd (RCCL) is hitting back in the battle to win Chinese market share with a new joint venture.
  • Moller sights $550m more
    AP Moller-Maersk has set its sights on a further $500m chunk of its own stock after completing the first phase of an inaugural share buyback programme.
  • Shell boosts Subsea 7
    Oslo-listed Subsea 7 has won a new Shell contract in the Gulf of Mexico worth between $50m and $100m.
  • Schulte eyes Indian growth
    Germany's Bernhard Schulte Shipmanagement is targeting an expansion of its crewing activities in India.
  • MPM profit down 39%
    Lower revenues and increased costs have combined to drag down Marco Polo Marine's (MPM) net profit by 39%, latest figures show.
  • Communication lesson
    BW LPG has promised better communication with investors and analysts after the debacle over its third quarter results.
  • Statoil cans Stena charter
    Statoil is set to take a $350m charge to cancel the long term charter of a drillship owned by Stena Drilling.
  • Atalanta extended
    The European Union's (EU) counter-piracy Operation Atalanta has been extended by two more years until December 2016.
  • BGC extends GFI deadline
    BGC Partners has extended its offer to acquire GFI Group after failing to convince enough shareholders to back its bid.

American Shipperweb site
NOVEMBER 24, 2014
  • Defense has ongoing struggle with container management
  • Mexico, U.S. strengthen air cargo bond
  • More carriers plan congestion charge
  • L.A. chassis pool makes progress on equipment supply
  • CMA CGM reports record volumes and improved profit
  • ANA wants Asia-U.S. air cargo venture
  • United to beef up European schedule
  • 18 ships at anchor in San Pedro Bay
  • Executive moves

The Bunker Bulletinweb site
NOVEMBER 24, 2014
  • Aegean's Q3 revenue up 13% year-on-year
    Marine fuel sales up 18.5% by volume, up 13% by value.
  • The 9/11 of the Bunker Industry
    Maybe we will refer to November 7 - the day it became clear OW Bunker had collapsed - as a day that changed everything in our niche industry.
  • MGO: Why it is attractive to pirates and what can be done about it
    Senior fellow at Singapore's Nanyang Technological University offers some theories.
  • Ambiguity in application of IGF Code to gas carriers
    Difficulty in setting clear parameters for when gas carriers must also apply new regulation for gas a fuel.
  • CMA CGM books quarterly profit
    Bulbous bow changes paying dividends.
  • Russian fuel oil production climbing
    Volumes up 8.7% year-on-year.
  • OW's US subsidiaries seeking share of debts direct
    In bid to secure at least $100 million to pay creditors rather than money going into a 'black hole' in Denmark.
  • Baltic LNG project: 'Demand is there'
    Companies back plans for Klaipeda terminal.
  • Belgian port strike bites
    24-hour stoppage over wage demands disrupts shipping.
  • ISO invited to develop standard for LNG bunkering connectors
    Introducing standard early can help avoid the need for 'arsenal' of flange adaptors used in the bunker industry today.
  • Brightoil confirms new CEO hire
    Former Sinochem director starts new role this Monday.
  • Spanish yard develops LNG feeder vessel
    STS operations possible with new ship design, says company head.
  • WFS declares quarterly dividend
    Amount is similar when compared to earlier dividends.
  • Ex-Cosco executive gets 10-year sentence
    Cosco Group has been involved in a series of corruption scandals.
  • BIMCO: Lower fuel bill benefits shipping industry
    But marine fuel remains big operational cost, says analyst.
  • Russian authorities mull dual-fuel vessel buys
    Authorities show interest in newly-developed ice breaker design.
  • Dan-Bunkering expands operations in Denmark
    Firm to start trading from new Aalborg office in December.
  • Progress on Russian multipurpose bunker tanker project
    Ship ordered by Tuaspe port.
  • Yearly profits half at Singapore-listed group
    Lower bunker tanker charter rates drag down overall results.
  • Brightoil expands Singapore bunkering operations
    Firm will be adding another bunker tanker to its fleet at the republic, Director tells Bunkerworld.
  • IMO to work on detailed BDN for LNG bunkering
    Proposed BDN would include parameters to define gas quality specifications at delivery.
  • Japanese fuel oil demand has been falling
    Tokyo bunker prices are close to a four-year low.
  • Alliances 'should not discuss surcharges'
    European Shippers' Council has repeated its call for a global authority to keep Vessel Sharing Alliances in check.

›››File
FROM THE HOME PAGE
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Washington/Southampton/Rotterdam
Meanwhile, another tanker, the "Stolt Magnesium", was hit by a missile near Oman
European shipowners call for permanent derogations from the EU maritime ETS after 2030
Brussels
Exemptions for connections with islands and outermost regions, for polar class vessels, for transnational public service obligations and for search and rescue activities
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
Two VLCCs operated by the UAE's ADNOC were attacked in the Strait of Hormuz.
Abu Dhabi/Tampa
US Central Command announces reinstatement of blockade on maritime traffic in and out of Iranian ports
Trump announces a tax on goods passing through the Strait of Hormuz protected by the US
Washington/Portsmouth
Expected to be equal to 20% of the value of the transported loads
Six-monthly vessel traffic in the Straits of Malacca and Singapore increased by +3.7%
Port Klang
In the second quarter of this year alone, a decrease of -0.5% was recorded
In May, naval traffic in the Suez Canal increased by +15.0%
Cairo
In the first five months of 2026, 5,696 ships passed through the port (+12.7%)
OOCL records sharp increase in containers carried by its fleet
Hong Kong
In the April-June quarter, revenues generated by this activity grew by +19.8%
Strait of Hormuz, a container ship was attacked near the coast of Oman
Muscat/Portsmouth/New Delhi/Tampa
Fire on board. One crew member missing. 23 other sailors rescued.
At the port of Marseille-Fos, general cargo traffic is increasing while bulk cargo is decreasing.
Marseille
In the first half of 2026, cruise passengers increased by +5%
The Swedish government is calling for the EU maritime ETS to be extended to more vessels.
Stockholm
Stockholm stresses the need for the ETS to remain a pillar of EU climate policy
Assiterminal will bring the issues of concession fees, investments and intermodality to the attention of politicians.
Genoa
Proposal to grant a concession fee discount to terminals that increase rail traffic
Pirate attacks on ships continue to decline
London
In the first half of this year, 38 accidents occurred compared to 90 in the first six months of 2025.
There are still six thousand sailors trapped in the Strait of Hormuz region
London
Dominguez (IMO): I remain confident that the evacuation plan can be resumed
A study highlights the significant costs and counterproductive effects of the application of the EU ETS to maritime connections with western Sicily
Palermo
For the Naples-Palermo and Genoa-Palermo routes the annual cost varies between 2.9 million and 19.9 million euros.
Fincantieri to build third ultra-luxury cruise ship for Four Seasons Yachts
Trieste
The unit will be built in the Ancona plant and will be delivered in 2031
Fermerci urges the search for resources to support rail freight transport.
Rome
Paper: from the remodulation of the PNRR we expect that resources will finally be allocated to compensate for the damages that operators are suffering
Another tanker hit by a drone in the Strait of Hormuz
Southampton
The device caused limited structural damage
New attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit by a shell which started a fire
Evergreen founder's son investigated for insider trading
Taipei
He was released on bail today
ECSA: Shipping receives a cut of its EU maritime ETS payments.
Brussels
Italy, ranked third in Europe, earns €669-787 million. Only France and Estonia allocate a specific portion of this revenue to the maritime sector.
Fincantieri acquires Next Geosolutions, WSense, Graal Tech, and Defcomm to develop the underwater segment
Trieste
The first phase of operations involves an outlay of approximately 600 million euros
A new attack on a ship in the Red Sea raises alarm over a possible resumption of Houthi actions.
Portsmouth
The accident occurred 30 nautical miles southwest of the port of Hodeidah
The Regional Administrative Court (TAR) has accepted the appeal for the annulment of the environmental impact assessment decree for the Fiumicino tourist and cruise port.
Rome
The project - explains the ruling - although speaking of a "prevalent" recreational function, actually foresees a very significant cruise component.
Transport & Environment calls for the introduction of national cruise taxes and further EU measures to mitigate their impact
Brussels
Assiterminal's proposals for amending the Ports Bill focus on port work
Genoa
According to the association, the distinction between port operations and services must be overcome
Assologistica and Assoporti also request changes to Porti d'Italia Spa.
Rome
Both associations highlight the central role of the Port System Authorities
Peruvian judiciary rules that COSCO's private port of Chancay must be subject to public oversight
File
The corrections proposed by Confitarma, ANCI, the Port Authorities and the Italian Competition Authority (AGCM) to the port governance reform
Rome
AP Møller Holding to acquire Norwegian ship leasing company Ocean Yield
Copenhagen/London/Oslo
Holds interests in a fleet of more than 70 cargo vessels
CMA CGM to Invest $1.4 Billion to Buy FedEx Supply Chain
Memphis/Marseille
The American company has nearly 10,000 employees
Brittany Ferries announces plan to scale back operations
Roscoff
The company reports that the difficulties caused by the Covid pandemic and unfair competition have been compounded by the effects of the EU ETS.
ITF and JNG agree to maintain the designation of the Strait of Hormuz as a Warlike Operations Area until July 9
London
It provides seafarers with greater protection and more adequate compensation
Assiterminal highlights the difficulty of placing Porti d'Italia, as proposed by the government, within the Italian port system and within Community law.
Rome
Cargo traffic at Chinese seaports fell by -0.4% in May
Beijing
Containers amounted to 27.5 million TEUs (+2.9%)
The administrative process for the new Port Master Plan for Augusta has begun.
Augusta
TiL (MSC Group) acquires 49% stake in Indian port of Vizhinjam
Mumbai
The stake was sold by Adani Ports for $1.4 billion
Hanseatic Global Terminals (Hapag-Lloyd Group) to acquire 20% of Eurogate Container Terminal Hamburg
Hamburg
The German shipping group will also increase its stake in the Moroccan Tanger Alliance
La Spezia is among the Italian ports that are most increasing their connections to container shipping lines.
Geneva
Among the other main national airports, Vado Ligure and Ravenna are losing connections
Spanish shipowners call for EU maritime ETS revenues to be reinvested in shipping
Madrid
Boluda: Spanish companies will inject over five billion euros into the system by 2030
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Manama
Rejected any toll, tax or attempt to exercise control over the Strait
IMO suspends evacuation operations for ships awaiting transit through the Strait of Hormuz
London/Taipei
Evergreen says its container ship was hit while following the UKMTO-recommended route.
Four entities pre-qualified for the concession of the cargo terminals of the Ukrainian port of Chornomorsk
Gdansk
These are APM Terminals, Mariner/TAS, Yilport Holding and AD Ports/SKF Holdings UK
New attack on a ship transiting the Strait of Hormuz
Southampton
The container ship Ever Lovely was hit by a shell off the coast of Oman.
In 2025, 1,478 containers were lost at sea out of a total of 280 million transported by ships
Washington
On January 1st, the IMO regulation came into force which makes reporting of boxes lost at sea mandatory
BIMCO and ICS' latest report on the maritime workforce raises alarm over officer shortages
London/Bagsværd
In 2026, there will be a shortage of 39,100 STCW certified officers.
In 2025, intermodal traffic handled by Kombiverkehr decreased by -13.5%
Frankfurt am Main
Annual revenues down 8.3%
The government's proposal to update the rules on port governance raises more than one doubt
Rome
Costa: The lack of infrastructure planning cannot be solved with a joint stock company
MSC Cruises and Meyer Werft have not yet signed contracts for four new cruise ships plus two options.
Papenburg/Geneva
The companies expressed confidence that they could successfully conclude negotiations in the coming weeks.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
Geneva
In the second quarter of 2026 it was equal to 290.0 (+2.3%)
AD Ports has completed the acquisition of an 81% stake in Global Feeder Shipping.
Abu Dhabi
In 2025, the company's ships carried 2.8 million containers
An evacuation plan has been established for ships still waiting to transit the Strait of Hormuz.
London/Muscat
Dominguez (IMO): The operation will be carried out in close cooperation with Iran, Oman, all other coastal states in the region, the USA and the maritime industry
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Miami
Fuel costs rise to near-record levels in 2022
Reducing navigation speed and optimizing port calls are the key to decarbonizing shipping
Copenhagen
A new study by the Global Maritime Forum highlights this.
ECSA and A4E reiterate the need to allocate EU ETS revenues to the decarbonisation of ships and aircraft
Brussels
Essential to bridge the price gap between sustainable and conventional fuels
AD Ports' new bid to gain control of Egypt's ALCN rejected
Cairo
A new proposal worth approximately $580 million has been submitted.
John Denholm is the new president of the International Chamber of Shipping
Rome
He succeeds Emanuele Grimaldi, who has completed his four-year term
A ship was hit by a drone in the Black Sea
Odessa
One of the nine crew members died
Port of La Spezia: Dredging of the third port basin and navigable canal begins.
La Spezia
Yesterday, 25 ships passed through Hormuz, the highest daily number since April 18.
Singapore
Since March, the average has been 7.6 transits per day
Interferry calls on the EU to implement the EES pragmatically, or to suspend it
Victoria
The upcoming high summer season - the association denounced - risks suffering serious inconveniences
In the first three months of 2026, freight traffic in French ports increased by +3.8%
Paris
General cargo and solid bulk cargo are growing. Liquid bulk cargo remains stable.
BIMCO and Intertanko stress that there are still significant risks to the Hormuz crossing
Copenhagen/London
In April, freight traffic in the ports of Genoa and Savona-Vado Ligure grew by +1.7%
Genoa
The Boards of Directors of the Basins and Maritime Stations Authority have been renewed.
After more than 100 days in the Persian Gulf, Grimaldi's PCTC Grande Torino has passed through Hormuz
Naples
Transit authorized by the Ministry of Foreign Affairs of the Islamic Republic of Iran
US-Iran agreement signed to restore naval traffic through Hormuz
Islamabad/Tehran
Lifting of the American naval blockade and demining of the waters
Assocostieri, port governance reform should take into account the specific nature of strategic energy infrastructure in ports.
Confitarma rejects any form of toll in the Strait of Hormuz.
Naples
Zanetti: We reaffirm the fundamental principle of freedom of navigation.
Federagenti proposes to allocate the concession fees proportionally to Ports of Italy and the AdSPs to finance the new joint stock company
Rome
DP World in talks to build container terminal at Texas port of Corpus Christi
Charlotte/Los Angeles
Container traffic at the Port of Los Angeles grew by 17.2% last month.
Assarmatori criticizes Brussels, but also Rome, for what they are doing to decarbonize the shipping industry.
Rome
Messina: A return to normalcy in the Strait of Hormuz will not be immediate.
US firm Enstructure buys Logistec's US port terminal network
Wellesley/New York/Montreal
It operates a total of 84 terminals in the USA
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
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%)
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
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
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.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
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%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
ZPMC Delivers New Ultra-High Wind-Resistant Port Cranes
Shanghai
The world's tallest rail-mounted reach stackers for empty containers have also been built.
Peninsula and Itochu form joint venture to supply ammonia bunkering to European ports
Gibraltar
The initiative in response to the growing demand for zero-carbon fuels
Konecranes announced its entry into Japan
Helsinki/Tokyo
Acquisition of 70% of Mitsubishi Electric FA Industrial Products
Saipem wins $2 billion contract in Indonesia
Milan
Seven IMO regional coordinators have been introduced who will provide technical support to the organisation's Member States.
London
Jadrolinija has inaugurated its new fast maritime service Ancona-Zadar
Ancona/Zara
It provides five departures per week and a crossing of approximately four hours.
Hapag-Lloyd to reorganize services in the Adriatic
Hamburg
The port of Ancona, removed from the ADX line, will continue to be served by the IAS service
Eleven nominations for the eighteenth edition of the ESPO Award
Brussels
This year's theme is dual-use port-city projects
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Jotun COSCO Marine Coatings signs agreement with COSCO Shipping Bulk for 125 new vessels
Sandefjord
Advanced hull performance solutions will be implemented
Maersk issues first order for new containers produced in India
Copenhagen
Local production has been stimulated by the introduction of incentives
Last May, freight traffic in the port of Ravenna grew by +3.4%
Ravenna
An increase of +10.6% is expected in June
Sardinia's Port Authority spent approximately €157 million in PNRR funds
Cagliari
Achievement of the targets expected by June 30, 2026
Hannibal will inaugurate a new intermodal service from Melzo to Rotterdam Europoort on July 8th.
Melzo
Six weekly trains are scheduled that will be able to carry up to 38 cargo units
PSA to build and operate container terminal at Vietnam's Lach Huyen port
Singapore
Agreement with Lach Huyen International Logistics & Industrial Park
Sandro Bucchioni and Andrea Fontana confirmed as presidents of the La Spezia freight forwarders and maritime agents.
La Spezia
New two-year mandate
Konecranes has acquired the nuclear and port services segment of Spain's Coapsa.
Hyvinkää
The company has an annual turnover of approximately four million euros.
PSA Italy presented its 2025 Sustainability Report
Genoa
The document highlights, among other things, the employment data and the economic impact on the territory
The Central-Northern Adriatic Port Authority confirms the completion of the projects financed by the PNRR
Ravenna
Mirco Carloni has taken office as president of the Central Adriatic Port System Authority.
Ancona
The Grimaldi Group has taken delivery of the new PCTC Grande Oriente
Naples
It will be placed on the Asia-Europe route
Port of La Spezia: 60 Sea Log workers rehired by other port companies
La Spezia
Pisano (AdSP): very satisfied with the positive conclusion of this dispute
The Central Adriatic Port Authority announces that it has achieved its objectives under the PNRR
Ancona
The funds coming from the plan financed by the European Union amounted to 39.6 million euros
A workshop on cold ironing and related risks and insurance solutions will be held in London.
London
Rossi (ADVANT-Nctm): effective infrastructure development must necessarily take into account legal and insurance aspects
Fincantieri signs an agreement in Albania for shipbuilding training.
Trieste
Skills development for the growth of the new Pashaliman naval industrial hub
Reorganization of ro-pax traffic areas in the port of Catania
Catania
Ferries will no longer be moored on the central jetty or along the eastern breakwater
Maersk raises fiscal 2026 forecast
Copenhagen
Continued growth in demand for containerized shipping and increased spot rates
Green light for the awarding of railway shunting services in the ports of Savona and Vado
New trucking area in the port of Genoa
The Italian Ports Association will hold its assembly in Naples on Wednesday.
Rome
The discussion on port governance reform will be at the heart of the proceedings.
Registration for seafarers' registers is now open to non-EU citizens residing in Italy.
Genoa
Vidotto (Foundation of the Italian Merchant Marine Academy): a step towards civilization
Project to build shipyard in Tartous port expected to accelerate
Damascus
Meeting between a delegation from Kuzey Star Shipyard and the leaders of the Syrian General Authority for Ports and Customs
Port of Gioia Tauro: Work to reactivate hauling and launching operations has been completed.
Gioia Tauro
These operations had been at a standstill since 2024
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will take place in Genoa on July 1st.
Genoa
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
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
In Spain, €11.8 million in eco-incentives have been allocated for the use of motorways of the sea.
Madrid
163,672 shipments made by 32 companies subsidized
ABB has signed an agreement to buy Norwegian marine automation company Høglund.
Zurich
The Tønsberg-based company's integrated automation system is currently installed on over 600 vessels.
Port of Gioia Tauro: tender launched for the redevelopment of the ro-ro docks
Gioia Tauro
Worth 5.6 million euros, the works will last 210 days
Grimaldi confirms the important role of the port of Catania in its strategies
Catania
The aim is to increase services and make existing ones even more efficient.
Annual growth of +6% in cruise traffic and +2% in ferry traffic is expected in the Adriatic
Venice
It is the only Mediterranean region to have recorded a decline in cruises in the period 2019-2025
PSA Padova established to develop and manage the Padua intermodal terminal
Padua
The shareholders of Interporto Padova and Padova Hall have approved the merger plan
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.
Spediporto has opened its own representative office in Hong Kong
Genoa
Giachero: the opening of this desk is also an opportunity for young people
Arcese, Conti and Cosulich establish a company for the port logistics of finished vehicles
Livorno
HMM orders eight bulk carriers and two gas carriers
Seoul
Investment of approximately 1.1 billion dollars
MPC Container Ships has purchased four 7,000 TEU containerships built between 2023 and 2024.
Oslo
Investment of 340 million dollars
FedEx posts record quarterly and annual revenue
Memphis
Total revenues in fiscal year 2026 amounted to $94.7 billion (+7.7%)
Geopolitical uncertainty has become the main risk for shipping
Munich
Evergreen purchases 140,500 new containers in China
Taipei
Investments totaling $358.9 million
Yesterday, the Strait of Hormuz was crossed by 42 commercial vessels
Paris
For the first time since the beginning of the conflict, several LNG tankers entered the Persian Gulf
Memorandum of Understanding for the Launch of Drone Use in the Port of Palermo
Palermo
Submission of the request for the establishment of U-Space
Saipem wins new $1 billion offshore contract in Angola
Milan
It was awarded by Azule Energy for the Greater PAJ project
Port of Ancona: Dredging work has begun on the seabed of quay 22.
Ancona
Approximately six thousand cubic meters of sediment will be removed
Confitarma welcomes clarifications regarding ship waste collection management.
Rome
The need for uniform application of the legislation throughout the country was highlighted.
The Tuscan Cooperation Development Fund invests in Uniport Livorno.
Livorno
Operation for a total of 880 thousand euros carried out together with co-investor Coopfond
Fit-Cisl, recognizing dock work as arduous is a priority
Genoa
Pagnotta: This is not a corporate claim, but a question of social justice.
Hupac increases weekly rotations between Antwerp and Busto Arsizio via France to four.
Noise
Two additional departures of the intermodal service introduced
From July, the tariff for naval transit through the Turkish Straits will increase by +14.9%.
Istanbul
It will be raised to $6.70 per net tonne
Fincantieri and Republikorp sign agreement to build multipurpose naval vessels in Indonesia.
Paris
The establishment of a joint venture is planned
Study on the divergences between the EU Ship Recycling Regulation and the Hong Kong Convention
Brussels/London
It has been published by ECSA and ICS
The 2026-2028 POT of the Southern Tyrrhenian and Ionian Sea Port Authority has been approved.
Gioia Tauro
Approval also granted to the 2026 budget forecast variation and to the update of the Port's Staffing Plan.
Autonomous Navigation: ABS, Polaris Shipping, HHI, and AVIKUS Sign Agreement
Athens
It will be tested on a VLOC under certain low-risk conditions
Tomorrow in Sant'Agnello (Naples) the inauguration event of the Italy Branch of The Nautical Institute
London
The topics of discussion will include energy transition in the maritime industry, maritime education and training.
The Municipality of Bologna is reconsidering the divestment of its stake in Interporto Bologna.
Bologna/Bentivoglio
An institutional delegation from Flanders visited the interport
Eni and Fincantieri sign agreement to develop innovative underwater monitoring technologies.
Milan/Trieste
Agreement focused on Eni's "Clean Sea" technology
In 2025, LNG consumption in Italy grew by +11% driven by industry and new uses, with the debut in the naval segment
Rome
Amadei (Federchimica LNG Group): Use ETS and FuelEU revenues to support investments and deployment of lower-carbon fuels.
RT&L partners with China's Guangzhou Salvage to strengthen its project cargo segment
Genoa
Bizzarri: the sector is characterised by wide margins for development and profitability
Last year, cargo traffic in Greek ports amounted to 140.8 million tons (-1.5%)
Piraeus
Goods volumes remained unchanged in the fourth quarter only
The International Container Study Center's board and governing body have been renewed.
Genoa
Filippo Gallo confirmed as president and Paolo Pessina as vice-president
Catani (GNV): allocate ETS proceeds to the development of synthetic fuel production chains.
Rome
Resources - he specified - also for port infrastructures and the reduction of the cost differential compared to traditional fuels
Consultation launched on plans to expand the port areas of Fos
Marseille
The goal is to involve residents and local stakeholders
Somec signs €60 million contract with Finnish shipyard
San Vendemiano
One of the most complex interventions ever entrusted to the Horizons division
Daniele Rossi, former president of the port of Ravenna, has passed away.
Rome
He led the port authority for over eight years
ONE will remove calls in Greece and Türkiye from its Adriatic Service 1 service.
Singapore
In Italy it touches the ports of Venice and Ancona
The first phase of the APM Terminals terminal in the port of Suape has been inaugurated.
Suape
It will become operational in the second half of this year
Container traffic increased in May at the ports of Singapore and Hong Kong
Singapore/Hong Kong
Singapore sets record bunkering levels for liquefied natural gas and pure B100 biodiesel
Vavassori confirmed as president of the Lombardy Association of Freight Forwarders and Haulers
Milan
Albertina Schiavoni and Mario Zini have been appointed vice-presidents
The president of Angopi receives the first professional certificate of competence as a mooring man.
Savona
The certificate must be renewed every five years.
Fincantieri has delivered the new cruise ship Mein Schiff Flow to TUI Cruises.
Hamburg/Monfalcone
With a gross tonnage of approximately 160,000 tons, it has a capacity of approximately 4,000 passengers.
In the first three months of 2026, freight traffic in the port of Palermo decreased by -6.3%
Palermo
Traffic also decreased in the ports of Termini Imerese, Trapani, and Licata. Increases occurred in Porto Empedocle and Gela.
The Antitrust Authority has not given its final approval for the acquisition of Armas' assets and activities by Baleària.
Barcelona
Set a series of conditions
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
VARD to build a new generation fishing vessel
Trieste
It was ordered by the Norwegian company Rosund Drift
Concentration in the UK shipbuilding sector
London
Baleana buys APCL Group (A&P Tyne, Cammell Laird and A&P Falmouth and Falmouth Docks and Engineering)
Royal Caribbean has taken delivery of its new Legend of the Seas cruise ship.
Miami
Built by Meyer Turku, it can accommodate 5,610 passengers
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