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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  • Hanjin joins MSC in renewing congestion fee it had withdrawn before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
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
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
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%)
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%
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%
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%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
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%)
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.
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
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
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
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
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%.
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.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
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
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.
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
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.
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%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
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.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
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%).
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 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.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
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.
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
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
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
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
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
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
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
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
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"
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
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
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
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
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.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
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.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
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.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
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.
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
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
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.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
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%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
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%
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
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
PORTS
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
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
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
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
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.
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