BRIEFS

testata inforMARE

26 August 2026 - Year XXX

Independent journal on economy and transport policy

03:42 GMT+2

BRIEFS

November 25, 2014

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Hanjin joins MSC in renewing congestion fee it had withdrawn before US regulators stall merger of east and west-bound TSA quasi-conferences CMA CGM appears to about to buy German short-sea operator as feeder Bigger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

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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

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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

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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

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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

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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

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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

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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...

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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.

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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

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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

TRADE

White House denounces practice of "illegal" port transshipment to evade U.S. tariffs

Washington

The creation of an artificial intelligence-based customs control system is proposed to combat the phenomenon

ACCIDENTS

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.

PORTS

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

PORTS

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.

PORTS

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%

SHIPYARDS

Fincantieri and Viking convert options into orders for two new cruise ships

Trieste

PIRACY

A ship was boarded by pirates in the Gulf of Aden

Southampton

The unit was forced to head towards Somalia

LAW

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.

PORTS

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

SHIPPING

ZIM also records a recovery in the second quarter

Haifa

Acquisition by Hapag-Lloyd expected by the end of the year

PORTS

In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%

Civitavecchia

In the first half of this year the total was 3.93 million tons (+1.5%)

PORTS

Last month the port of Singapore handled four million containers (+3.1%)

Singapore/Hong Kong

A 1.6% decline was recorded in the port of Hong Kong

COMPANIES

AP Moller Capital to acquire majority stake in Globex Investissement

Copenhagen/Casablanca

ACCIDENTS

Ship hit in the Strait of Hormuz

Southampton

Crew member of the "Minoan Dignity" dies

PORTS

Last month, freight traffic in the port of Barcelona decreased by -6.5%.

Barcelona

In July, 300,961 containers were handled (-13.2%)

COMPANIES

Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.

Abu Dhabi

He currently owns a 75.42% stake

PORTS

In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%

La Spezia

Cargo traffic in Tunisian ports is growing sharply

In the April-June quarter it was 7.4 million tons (+8.8%)

PORTS

The port of Koper reports a 5.6% decrease in quarterly freight traffic

Ljubljana

In June the decline was -18.9%

PORTS

Strait of Hormuz crisis has severe impact on DP World's financial and operating performance

Dubai

PORTS

Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.

Hong Kong

Excluding operations in Panama, volumes increased by +5%

PORTS

In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.

Hamburg

Containers amounted to four million TEUs (-3.7%)

SHIPPING

HMM's revenues increased by 29.7% in the second quarter

Seoul

Net profit down, weighed down by lower financial income

SHIPPING

Evergreen's net profit grew by 43.9% in the April-June quarter.

Taipei

Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market

SHIPPING

Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market

Copenhagen/Hamburg

The Danish company reports better quarterly performance than its German partner in Gemini Cooperation

PORTS

Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter

Genoa

Passenger numbers drop at both ports

SHIPPING

In the second quarter, Yang Ming recorded a net profit growth of +610.7%.

Keelung

Revenues stable in the first half of 2026

ACCIDENTS

Two ships attacked in the Gulf of Oman and off the coast of Yemen

Southampton

A container ship was reportedly hit by an American helicopter

SHIPPING

The Northern Sea Route is not at all competitive with the sea route through Suez

Basel

Study by two researchers from Mokpo National Maritime University

SHIPYARDS

The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.

Bucharest

In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June

SHIPPING

In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June

Panama/Balboa

The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.

CRUISES

Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force

Monaco/Miami

Delivery is scheduled for 2034

ACCIDENTS

More explosions in the Strait of Hormuz area

Southampton/Tehran

Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.

SHIPPING

Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.

ACCIDENTS

Two ships attacked in the Red Sea

Southampton/San'a'/New Delhi

Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"

LOGISTICS

Prologis makes $18.8 billion offer to buy Segro

San Francisco

The combination will create a European giant in the ownership and management of logistics properties

SHIPPING

In the April-June quarter, ONE recorded an improvement in financial performance

Singapore

During the period the fleet transported almost 3.3 million containers (+2.9%)

CRUISES

Global Port Holdings' revenues grew by 27% in the first half of this year.

Istanbul

Gross operating margin up 22%

In the second quarter, naval traffic in the Suez Canal increased by +16.5%

SHIPPING

In the second quarter, naval traffic in the Suez Canal increased by +16.5%

Cairo

In the first half of 2026, growth was +14.0%

SHIPPING

In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)

Ankara

In the first half of the year, naval traffic decreased by -0.5%

PORTS

A report by the French National Assembly notes the competitive decline of the state's port ecosystem.

Paris

RAILWAY TRANSPORT

In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues

Rome

Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)

PORTS

The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.

Madrid

The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.

Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.

CRUISES

Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.

Miami

New historical record of passengers embarking on the fleet's ships

SHIPYARDS

Fincantieri's half-year revenues remain stable

Trieste

Net profit increased by 191.4%. New orders fell by 58.5%.

PORTS

In the second quarter, freight traffic in Albanian ports grew by +8.9%

Tirana

SHIPPING

The US think tank Open Markets Institute proposes the establishment of a public container shipping company

Washington

Rao: Today the United States depends on a cartel of six foreign shipping companies

CRUISES

Royal Caribbean reports record revenue for the April-June quarter

Miami

New all-time peak in turnover in the first half of 2026

SHIPPING

In the second quarter, CMA CGM group revenues increased by +19.2%

Marseille/New York/Los Angeles

United Ports Joint Venture with Stonepeak Completed

PORTS

PortXchange: To immediately reduce shipping emissions, we need to focus on ports.

Rotterdam

PORTS

In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.

Trieste

In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.

RAILWAY TRANSPORT

Fermerci, freight train transport production in Italy could fall to 2015 levels this year.

Rome

Map: We are faced with data that exceeds all expectations.

SHIPYARDS

Indian government approves $7.2 billion in aid for domestic shipbuilding

New Delhi

Strategy adopted today to revitalize the sector

SHIPYARDS

Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission

Brussels/Washington

Satisfaction of ECSA and World Shipping Council

SHIPYARDS

Hyundai and Siemens sign agreement for AI-powered shipbuilding

Washington

The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.

ACCIDENTS

African Union condemns attacks on tankers in Red Sea claimed by Houthis

Addis Ababa

Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa

CRUISES

In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.

Genoa

"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.

PORTS

In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.

Rotterdam

In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)

PORTS

In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)

Madrid

Record for conventional goods and containers (in TEU)

COMPETITION

The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.

Brussels

Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.

FREIGHT TERMINALS

Medlog (MSC Group) acquires a stake in Interporto Bologna

Bologna

Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives

INTERMODAL TRANSPORT

The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.

Barcelona

The remaining 60% of the capital will remain with Hutchison Ports Best

In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).

PORTS

In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).

Beijing

New historical records for half-yearly and quarterly container traffic

PORTS

Ports of Italy: The issue of competences divides the reform.

Rome

At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.

LEGISLATION

The maritime sector is divided between cautious support and criticism over the EU ETS review.

Brussels/Washington/
Copenhagen/Piraeus/Rotterdam

ACCIDENTS

Yet another attack on a ship in the Strait of Hormuz

Southampton

A tanker was hit and abandoned by the crew.

SHIPPING

ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.

Brussels

Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.

PORTS

ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.

Brussels

Appreciation for measures aimed at reducing evasive ship calls

MOURNING

Kuehne+Nagel's honorary president has died.

Schindellegi

Klaus-Michael Kühne had joined the family business in 1958

PORTS

In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)

Madrid

Containers amounted to 1,581,071 teu (-5.6%)

NEWS

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

PORTS

Join us at the Communion and Liberation Meeting in Rimini

Rome

Participation in the exhibition area of the Ministry of Infrastructure and Transport

PORTS

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

PORTS

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%

INTERMODAL TRANSPORT

Hupac will strengthen its intermodal service between Basel and Busto Arsizio.

Noise

An eighth weekly rotation will be introduced from September 7th

LOGISTICS

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

PORTS

In the second quarter, freight traffic in the port of Taranto grew by +6.7%

Taranto

An increase of +104.9% was recorded in July

CRUISES

Viking Holdings Cruise Line Reports Record Quarterly Revenue

Los Angeles

Net profit of $587.7 million (+33.8%)

PORTS

Container traffic at the Port of Los Angeles dropped 5.8% last month.

Los Angeles

In the first seven months of 2026, growth of +1.8% was recorded

PORTS

Container traffic at the Port of Long Beach dropped 1.7% in July.

Long Beach

In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)

SHIPPING

In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs

Bangkok

Net profit down 1.1%

SHIPPING

Danish DFDS's quarterly financial performance improves

Copenhagen

In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.

PORTS

Container traffic at HHLA terminals decreased by -8.0% in the second quarter

Hamburg

Revenues increased by 2.5%. Operating costs increased by 5.7%.

COMPANIES

Costa Cruises announces change of management for the Americas region.

Genoa

Jorge Serrano Martín de Vidales will replace Dario Rustico

PORTS

The Livorno Port Authority creates an internal task force for the Darsena Europa project.

Livorno

The aim is to ensure a unified coordination with the commissioner structure that follows the project

INDUSTRY

MSC installs Jotun's proactive hull cleaning system on MSC Daniela

Sandefjord

Combines advanced antifouling technology with robotic inspection and cleaning

SHIPPING

Wan Hai Lines reports a 965.6% increase in quarterly profit

Taipei

The company orders six new 11,000 TEU containerships

PORTS

In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%

Podgorica

Cargoes to and from Italy dropped by -40.6%

SHIPPING

The Grimaldi Group has taken delivery of the Grande Pacifico

Naples

The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu

COMPANIES

In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)

Genoa

Net profit of 20.0 million euros (-3.0%)

MOURNING

Maurizio Longo, Secretary General of Trasportounito, has passed away.

Rome

He passed away in Rome after a long illness.

PORTS

Terminal Investment Limited abandons Tercat acquisition

Brussels

It provided for joint control of the Barcelona terminal with Hutchison Ports

PORTS

Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.

Ravenna

PORTS

Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina

Vibo Valentia

The area will be transformed into new yards for commercial logistics

COMPANIES

Maersk Group sells Maersk Training and Maersk H2S Safety Services

Copenhagen

They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations

SAILING LIST

Visual Sailing List

	Departure ports
	Arrival ports by:
	-	alphabetical order
	-	country
	-	geographical areas

PORTS

In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)

Venice

Cruise passengers down by -15.3%

PORTS

In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%

Ravenna

In the first six months of 2026 the increase was +5.9%

LOGISTICS

DP World acquires six GXO logistics sites in the UK

Dubai

186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton

LOGISTICS

DHL soars in the second quarter, but not everywhere

Bonn

Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.

SHIPPING

Global Ship Lease reports record quarterly and half-year revenues

Athens

Rising costs impact profits

PORTS

DP World to build temperature-controlled logistics hub in the port of Antwerp

Dubai/Kallo

SHIPPING

GNV will activate a third maritime service to Algeria on Saturday

Genoa

The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.

SHIPPING

Danaos Corporation reports quarterly revenue growth of 4.7%.

Athens

The containership segment remains stable. Bulk carriers continue to contribute.

ACCIDENTS

A bulk carrier hit by a shell in the Strait of Hormuz

Southampton/London

One crew member is reportedly missing.

PORTS

This year, 800,000 cruise passengers are expected in Messina.

Messina

Passengers make a direct expenditure of almost 16 million euros in the city

PORTS

Container traffic at the Port of New York grew by 1.6% in the second quarter

New York

In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)

INTERMODAL TRANSPORT

HZ Cargo and Railtrans form joint venture for intermodal transport

Zagreb

The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.

PORTS

ICTSI posts record net income of $363 million (+24.2%) in the second quarter

Manila

ACCIDENTS

Another GasLog vessel hit while leaving the Persian Gulf

Piraeus/Southampton

Damage to the engine room

SHIPPING

Finnlines reports record quarterly revenues

Helsinki

In the April-June period, net profit was 42.9 million euros (+64.7%)

COMPANIES

Spinelli Group approves 2025 sustainability report

Genoa

Production value grew by 5%. New hires increased by 48%.

PORTS

Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.

Ancona

The Management Committee has approved the institution's budget adjustment

PORTS

The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.

Genoa

Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system

PORTS

The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.

Gioia Tauro

It records higher revenues and higher expenses of 1.69 million euros

EDUCATION

One and a half million euros for training in Tuscan ports

Livorno

The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.

INTERMODAL TRANSPORT

Terminali Italia will manage the Orte intermodal terminal starting next year.

Rome

It has approximately 96,000 square meters of yards and three tracks

TRANSPORTATION

Italy and Tunisia sign a collaboration agreement in the transport and logistics sector

Rome

ACCIDENTS

Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea

Southampton/Sana'a/Riyadh

Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"

INFRASTRUCTURE

The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.

Bolzano

The two construction sites are connected approximately 1,400 meters below the Brenner Pass

LOGISTICS

UPS revenues increased 7.6% in the second quarter

Atlanta

Net profit amounted to $604 million (-52.9%)

LOGISTICS

In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%

Wedge

Net profit down 8.3%

PORTS

Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.

Algeciras/Barcelona/
Valencia

Increase in containers at the Catalan port

COMPANIES

Fincantieri signs agreement with NextGeo's reinvesting partners

Trieste

The operation is part of the development strategy in the diving segment

PORTS

The update to the DPSS of the ports of Sardinia has been adopted.

Cagliari

Resolution of the Management Committee of the Port System Authority

PORTS

ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.

Sao Paulo/Manila

They will be sold by SIMPAR for approximately 355 million dollars

INDUSTRY

Konecranes reports decline in quarterly financial performance as orders increase

Helsinki

The value of orders relating to port equipment grew by +17%

PORTS

Fourteen regions are in favor and five are against the bill on port governance reform.

Rome

Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.

LOGISTICS

Kuehne+Nagel's net sales increased by 8% in the second quarter.

Schindellegi

Performance improved markedly in the air freight segment

ASSOCIATIONS

Assagenti's management team has been renewed.

Genoa

The composition of the executive committee and the chairmen of the commissions

PORTS

DP World signs preliminary agreement to build two terminals at Fujairah Port

Dubai

FREIGHT TERMINALS

VIO - Vado Ligure Interport Board of Directors Renewed

Genoa

Pierangelo Olivieri has been appointed president

INDUSTRY

Kalmar's turnover increased by 14% in the second quarter

Helsinki

New orders value stable

OFFSHORE

Saipem wins new offshore drilling contract off Ivory Coast

Milan

It was awarded by Eni Côte d'Ivoire

LOGISTICS

DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.

Hedehusene

Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.

ASSOCIATIONS

Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association

Genoa

International collaboration protocol on integrated logistics with ACLI Terra

PORTS

Italian Ports:

Ancona

Genoa

Ravenna

Augusta

Salerno

Bari

Savona

Leghorn

Taranto

Naples

Trapani

Carrara

Palermo

Trieste

Venice

Italian Interports: list

World Ports: map


DATABASE

		Shipowners		Shipbuilding and Shiprepairing Yards
		Forwarders		Ship Suppliers
		Shipping Agents		Truckers

MEETINGS

MEETINGS

The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.

Genoa

It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority

MEETINGS

The Federagenti assembly will be held in Civitavecchia on July 3rd.

Rome

Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.

››› Meetings File

PRESS REVIEW

HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard

(Maeil Business Newspaper)

Empire buys back: After Tata, Adani can rewrite India's colonial past

(The Economic Times)

››› Press Review File

FORUM

of Shipping
and Logistics

ASSITERMINAL

Intervento del presidente Tomaso Cognolato

Roma, 19 giugno 2025

››› File

SHIPPING

GCC urges international community to protect maritime transport against Houthi threats

Riyadh

Reaction to the announcement of a maritime embargo against Saudi Arabia

EDUCATION

Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.

Trieste

The center is intended for the training of naval personnel of the Qatari Navy.

NEWS

Over 770 kilos of cocaine seized at the port of Vado Ligure

Savona

Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.

INDUSTRY

Wärtsilä records sharp increase in new order value in second quarter

Helsinki

Net turnover decreased by -2%

SHIPPING

Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships

Keelung

Contract valued at over $1.2 billion

ACCIDENTS

The toll of attacks on ships in the Black Sea worsens

Odessa

Ten dead on board a ship leaving the port of Odessa

ACCIDENTS

Today a new attack on a ship in the Strait of Hormuz

Southampton

The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire

SHIPPING

Confitarma disappointed by the Commission's proposal to revise the EU ETS

Rome

Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.

INTERMODAL TRANSPORT

ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.

Rome

PORTS

MIT adopts cold ironing guidelines

Rome

The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.

CRUISES

In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%

Istanbul

In the second quarter alone the increase was +2.8%

PORTS

Western Liguria Port Authority approves 2026 budget update

Genoa

PORTS

Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.

Genoa

INDUSTRY

ABB buys British Rotork

Zurich/London

The Bath-based company specializes in flow control and industrial automation.

PORTS

Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree

Ancona

The funds concern seven strategic interventions of the port system

PORTS

Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.

Los Angeles

In the second quarter, growth was +11.5%

SEAFARERS

IMO and ITF call for an end to attacks on seafarers and transport workers

London

Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region

PORTS

Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.

Hong Kong

An increase of +6.5% was recorded in June

- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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