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Independent journal on economy and transport policy
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BRIEFS
September 26, 2014
Sched Netweb site
  • LA-Long Beach back in business after fire forces terminals to shut down
  • Class society DNV GL breaks with official tale on MOL Comfort sinking
  • UASC and Hamburg Sud in alliance that promises each global reach
  • Maersk's Asia-Europe AE-10 service to run with only 18,000-TEU ships
  • Zim keeps A-E loops despite plans to withdraw from trade in April
  • Japanese August exports off 1.3pc despite weak yen and 3.9pc gain in July
  • Sacked UPS employee returns to shoot and kill two supervisors in Alabama
  • Amazon's German warehouses hit by strike over pay, working conditions
  • MCC to expand SE Asia-South China Sea service with new loop
  • Seaspan assesses options for GCI investment, including possible buy out
  • Forwarders braced for Air France strike, made other plans, coping well
  • Agility to manage global freight and handling for Singapore Art Fair
  • DHL looks at air cargo sites in Mumbai, Kolkata and Gujarat

Exim Indiaweb site
SEPTEMBER 25, 2014
  • GVF announces launch of 'glossary' of maritime communications to promote inter-industry understanding
  • ICS marks IMO World Maritime Day
  • MANSA's suggestions taken seriously by the various authorities: K. P. Unnikrishnan
  • NYK selected to be part of DJSI for 12th consecutive year
  • Softlink Global recognised as 'IT Company of the Year' at MALA 2014
  • Blanket green approval for port projects likely, says govt
  • Govt to review 'local authority' status for Major Ports
  • ACAAI holds 44th AGM
  • Panel formed for Railway Board recast
  • World rail supply market predicted to continue growing despite economic slowdown
  • CIL inks FSAs with 161 power units
  • L&T bags orders in various sectors
  • Indo-American Chamber AGM on Sept. 29

International Transport Journalweb site
  • New terminal adorns southern Germany's landscape
  • Aeroflot returning to Georgia
  • New offer for groupage between Switzerland and Germany
  • Four fines for violation of hazmat regulations
  • UIC issues low carbon rail transport challenge
  • New service whips sensitive freight across Europe
  • AF-KLM-Martinair Cargo partners with va-Q-tec
  • Optimism waning but still high
  • Batches of gondolas rolling off production line
  • Breedam innovating EU logistics
  • O3 wird kräftig wachsen
  • Dachser lifts business to new plane in Asia
  • China Eastern welcomes first B777-300ER
  • New Arkas vessel ploughing the ocean waves

Marine Logweb site
SEPTEMBER 25, 2014
  • F&G approves use of Siemens jacking control system
  • Great Lakes Shipyard wins $5 million order for two tugs
  • Containerships Oy adds two more LNG fueled newbuilds
  • U.K. barge operator fined for releasing dangerous gas
  • Stena ups freight rates, plans switch to methanol fueling

World Wide Shipperweb site
SEPTEMBER 25, 2014
  • Everett Port Commission Oks purchase of mobile harbor crane
  • Port of Tacoma releases August container numbers
  • Pair of carriers sign global cooperation pact
  • Port of Vancouver, USA names Cadet top tenant
  • Crowley marks keel laying for new product tanker

Lloyd's Listweb site
SEPTEMBER 25, 2014
  • Containerships to get more LNG boxships
    Finnish shipping line returns for another two gas-powered boxships to meet sulphur regulations
  • Middle East-Asia naphtha trade supports LR2 earnings
    Torm among owners to benefit
  • Yard Talk | Hyundai Heavy Industries faces strike threat
    World's largest shipbuilder struggles to meet union demands after posting worst quarterly results
  • Euroseas launches $5m share buyback
    Stock trades 'significantly below net asset value', says Pittas
  • World Maritime Day focuses on delivering reform
    Implementation of IMO regulations needs a better understanding of each member state's legal system
  • ClassNK plans to meet IACS members over MOL Comfort next month
    Japanese class society responds to DNV GL criticism
  • UASC and Hamburg Süd partnership will cater for whole network
    UASC president says tie-up is about more than getting market share on Europe and Asia to South America trades
  • Singapore buys LNG from BP's US project
    Gas supply contract is for 20 years, offering work for vessels
  • Skou sets out Maersk Line's future
    Liner operator plans for newbuildings and increased competition in north-south trades
  • Shipowners donate $1.5m to tackle roots of Somali piracy
    Funds will help UN programme to develop alternative livelihoods
  • Trade groups call for added land and better policy at Hong Kong
    Moves are needed to ease congestion which is hurting the territory's competitiveness
  • Uncertain times for handysize owners
    Brokers bemoaning shortage of cargoes, but is it really so bad?
  • Exmar Energy Partners files for an IPO to raise $125m
    Offering will bring master limited partnership the right to buy FLNG vessel and stake in LNG carrier
  • Libya's crude shipments hit a 13-month high
    But supply growth outpaces demand, putting light crude prices under pressure

Sea-webweb site
SEPTEMBER 25, 2014
  • Spill hampers Quintero Bay operations
    Several tanker facilities in Chile's Quintero Bay have been impacted by a small spill from intake hoses that broke free from the tanker LR Mimosa. According to a statement from the ship's manager, Greece's Empire Navigation, the 2006-built, 74,035dwt tanker was discharging crude at the Quintero SBM
  • Exmar plots US-listed partnership
    Belgium's Exmar has registered for an initial public offering of a master limited partnership (MLP) spin-off called Exmar Energy Partners LP. If the IPO goes forward, the MLP will be listed on the New York Stock Exchange under the ticker symbol 'XMLP'. The initial securities registration was for an
  • Yangzhou Guoyu wins two box ships
    Chinese shipbuilder Yangzhou Guoyu Shipyard has secured an order for two LNG-fuelled container ship options Chinese-German partnership of Guoyu Nordic Shipping (GNS) and Nordic Hamburg Shipping (NHS). The two 1,400teu dual-fuel vessels are scheduled to be delivered in 2017 and chartered to Finnish
  • LA box chassis pact approved
    Two intermodal truck chassis leasing companies will be allowed to form a single asset pool to help alleviate box equipment shortages in the Los Angeles port area. The US Department of Justice announced on 23 September that it would not challenge a "chassis use agreement" between Flexi-Van Leasing
  • UPDATE: Nunavik attempts Arctic Northwest Passage voyage
    Canadian icebreaker Nunavik has made a steady 12.5 knots in comparatively ice free waters. However, the latest Canadian Ice charts for the region suggest the vessel will meet its first continuous pack ice just south of Melville Island. Here we will see if Nunavik shows signs of slowing down or
  • APM to invest in box ships and cut costs
    AP Møller-Mærsk (APM) has pledged to invest in new container ships and drive down costs at its Maersk Tankers unit. In a review of group activity to 2019, Soren Skou, CEO of Maersk Line unit, noted that the business generated a 9% EBIT margin, one of only three of the other 15 largest carriers to
  • Boxship broker warns against SECA trade disruptions
    Container ship traffic to and from ports in northern Europe could be facing serious operational problems during the transition to reduced sulphur limits in marine fuel valid from 1 January 2015, a leading Hamburg shipbroker has warned its principals. Many owners may struggle to retrofit feeder
  • Shipping tipped for winter growth
    Europe's winter months will bear fruit for the shipping industry, Erik Helberg, CEO of RS Platou Markets, has told the 7th Annual Global Shipping, Marine Services & Offshore Forum in London. "We have seen a nice recovery in the freight rates," he told the audience of decision-makers from the
  • Selloff pummels shipping stocks
    US-listed shipping stocks, particularly dry bulk shares, suffered a significant drop on 25 September amidst a broader equity selloff. George Economou-led DryShips fell 7.4% on extremely heavy volume. A total of 18.18M shares of DryShips traded hands on 25 September, 3.8 times their average trading
  • Panama Canal rejects ITF safety criticism
    The Panama Canal Authority (ACP) has strongly rejected allegations by the International Transport Workers' Federation (ITF) that safety and training standards for workers on the canal are inadequate. Stephen Cotton, the ITF's secretary-general, told the International Chamber of Shipping annual
  • Changhang Phoenix completes restructuring
    Changhang Phoenix, a listed bulk carrier operating unit of Sinotrans&CSC, has completed its restructuring after repaying debts to 129 creditors. It used CNY229.8M ($37.4M) in cash and 212.9M shares in the company after raising CNY232M by selling shares early September, a stock exchange filing
  • Sewol trial: crew too slow to evacuate
    All 476 passengers and crew on the Sewol ferry could have been evacuated in not more than seven minutes had the crew members acted quickly, the trial of the captain and 14 crew members has heard. This scenario was one of three possible outcomes revealed in a simulation carried out by expert witness
  • Cargo ship and fishing vessel collide near disputed islands
    The Panama-flagged cargo ship Yusho Haruna collided with the fishing vessel Min Xia Yu 01971 yesterday in waters north off the Diaoyu Islands, East China Sea, reported local media. No crew injuries on the 3,800dwt cargo carrier were reported. There were 10 crew members on the fishing vessel, three
  • Brightoil Petroleum back to profits
    Hong Kong-listed Brightoil Petroleum returned to profits of HKD599.3M ($78.0M) for the year ended 30 June 2014 due to the improvement in its oil trading and tanker operating businesses. In the year ended 30 June 2013, the company's losses totalled HKD721.7M, a stock filing of the company said. Its
  • Ezra Holdings allows EOC to defer asset payment
    Singapore-based oilfield service provider Ezra Holdings, which is consolidating its offshore support services under EMAS Offshore (EOC), has said it would allow EOC to stagger payments for its assets. The consolidation would see Ezra Holdings transferring its offshore support assets to EOC for
  • Singapore's Pavilion Energy to buy LNG from BP
    Pavilion Energy, part of Singapore's government-owned investment company, Temasek Holdings, has signed on to buy 400,000 tonnes per annum of LNG from BP for 20 years. The shipments to Pavilion Energy's subsidiary Pavilion Gas will begin from 2019 and the cargoes will come from BP's projects in the
  • Hyundai HI expects third quarter losses
    Hyundai HI (HHI), the world's biggest shipbuilder, is expected to post losses again for 3Q14, South Korean analysts said this week. Daishin Securities analyst Feynman Jeon estimates a KRW130Bn ($125M) loss for the shipbuilder, which already posted its worst quarterly loss of KRW489Bn for 2Q14. A

The Journal of Commerceweb site
SEPTEMBER 25, 2014
  • Canal authority: Panama Canal will need another expansion within 25 years
    Even though the $5.3 billion Panama Canal expansion has yet to be completed, Panama Canal Authority Administrator Jorge Quijano already envisions another expansion within 25 years to handle even larger container ships. Quijano declined to say when exactly a new upgrade would be needed or how much larger the expansion would...
  • Robert Curry Sr. Receives Connie Award in Long Beach
    Robert Curry Sr., president and CEO of California Cartage Co., was presented this week with the West Coast Connie award sponsored by the Containerization and Intermodal Institute. The award recognizes individual achievement in international trade and intermodal transportation. Curry in 1954 joined the Southern California drayage company that was founded by...
  • After Carlyle stock sale, where is YRC Worldwide headed on Wall Street?
    The Carlyle Group knows how - and when - to make a buck. When YRC Worldwide's stock price jumped 18 percent following the approval a new credit agreement, the global investment firm sold its stake in the $4.9 billion trucking holding company for $89.4 million. The Sept. 18 transaction involved more...
  • Dutch court rejects ECT's $1 billion claim against Rotterdam
    A Dutch court has rejected a claim by ECT, Rotterdam's largest container terminal operator, that the port authority acted unlawfully in awarding concessions for two giant terminals about to start operations to its rivals. The company, which is owned by Hong Kong-based Hutchison Port Holdings, initiated legal action three years ago, claiming...
  • TSA announces 10th GRI attempt as Asia-US spot rates tumble
    Members of the Transpacific Stabilization Agreement have attempted nine rate increases in 2014 with varying degrees of success, followed by erosion.The 12 members of the Transpacific Stabilization Agreement are pushing for the 10th general rate increase in 10 months as Asia-U.S. spot rates continue to fall. Members of the TSA filed...
  • The Real Cost of Carrier Cost-Cutting
    It's working. Ocean carriers' relentless drive to reduce costs, sparked a nearly a decade ago by Maersk Line and its acquisition of massive, 15,500-TEU container ships, is starting to show results. Maersk is demonstrating a consistent ability to make good money in the face of overcapacity and weak rates. But, oh,...
  • U.S. truckload spot market prices remain 'robust' in September
    Average U.S truckload spot market rates slipped slightly in the week that ended Sept. 20 as the number of shipments on the market dropped 3.5 percent, DAT Solutions said. However, both rates and freight activity are "robust" when compared with a year ago, which signals increased demand from shippers and...
  • Emirates Shipping to add Nhava Sheva to Africa Service
    Emirates Shipping Line has expanded its Gulf-Indian subcontinent-Africa (GIA) service by adding a direct call at the Port of Jawaharlal Nehru (Nhava Sheva), India's largest container gateway. The weekly service, using seven vessels, will now offer the following port rotation: Nhava Sheva, India; Jebel Ali, United Arab Emirates; Khor Fakkan, Oman;...
  • Mexican shippers increasing turn to intermodal to protect cargo from theft
    MEXICO CITY - Intermodal rail in Mexico is taking off. Import volume at major Mexican ports. Full-size chart The shift of loads from road to rail is driven by several factors including the need to reduce theft as well as growth from the country's container ports fueled by growing demand from the booming...
  • Truckers enlist help of Los Angeles-Long Beach ports
    Drayage companies in Los Angeles-Long Beach are enlisting the help of the ports to restructure how containers are moved to and from marine terminals. The goal of this effort is to address all of the issues that contribute to port congestion and declining productivity at marine terminals. The comprehensive approach could...
  • Tacoma's August volumes soar at Seattle's expense
    Throughout volume at the Port of Tacoma rose by 12.8 percent compared to August 2013.Boosted by larger vessels and a larger customer base, container volumes at the Port of Tacoma took off in August. New figures released by the port yesterday show container throughput totaled 118,597 TEUs, 12.8 percent higher than...
  • New cranes will bring more disruption to India's Nehru terminal
    Shippers and ocean carriers already grappling with severe intermodal rail delays at India's Jawaharlal Nehru Port should expect more operational troubles as the port trust plans to partially shut down its own container berths for two months, beginning in mid-October, to install new quay cranes. "During the installation/commissioning of three new...
  • South American ports taxed by rapid growth in ship sizes
    When Hamburg Sud's new Cap San-class container ships call at Argentina's Port of Buenos Aires, they present an incongruous sight: a vessel with capacity to carry 9,700 20-foot-equivalent units being worked with spindly mobile cranes instead of modern gantries. It's a stark example of how South American ports are struggling to...
  • Finnish short-sea line orders two more LNG-fueled ships
    Finnish short-sea operator Containerships has ordered two more ships that will run on LNG or conventional marine fuels in the Baltic and North seas. The ships are in addition to the carrier's two previously ordered dual-fuel vessels. Containerships is one of several carriers investing in LNG-powered vessels that comply with environmental...
  • CBP releases national gypsy moth figures as carriers continue to battle pest
    Photo provided by the U.S. Customs and Border Protection agency.Thirty-nine ships have arrived at U.S. ports with the American Gypsy Moth on board, U.S. Customs and Border Protection told JOC.com, as shippers fear the voracious tree eater will continue to delay cargo. A Customs and Border Protection spokeswoman based in Washington,...
  • Ebola fears stoke reports of potential liner boycotts
    Concerns about Ebola transfer in western Africa continue to have the region's shipping industry on edge with reports of possible boycotts ahead. Despite that Ebola has been transferred to foreign populaces via international shipping, countries on Africa's west coast have already started to feel the pain of border restrictions and the...
  • 'Critical' congestion at Hong Kong needs urgent government attention
    HONG KONG - Congestion at Hong Kong's container terminals has reached a "critical stage" and the city's container terminals and shipping lines have called on the government to urgently make land available for port logistics and additional barge berths. The Hong Kong Container Terminal Operators Association (HKCTOA) and the Hong Kong...
  • BDP merger with Mumbai partner to boost India business
    BDP International (India) and its long-time local partner Unique Global Logistics have approved a merger agreement between the two parties, allowing the Philadelphia-based logistics group to consolidate its operations in the country. "It is a merger of UGL into BDP, with the latter holding a majority stake," the companies said in...

TradeWindsweb site
SEPTEMBER 25, 2014
  • US predicts grain drop
    The US Department of Agriculture (USDA) is predicting that grain exports will drop in the 2014-2015 marketing year despite a bumper crop.
  • Waving the flag
    A key player in the US Jones Act market is taking a cautious view on potential changes that could send crude and shipyard contracts abroad.
  • Private lessons
    Private equity's impact on shipping may be seen as much through its exit as from its entry, a veteran shipping executive suggests.
  • Empire investigating
    Empire Navigation says it is carrying out its own investigation of a minor oil spill of Chile.
  • Judge won't toss OSG suit
    A New York judge has declined to dismiss Overseas Shipholding Group (OSG)'s malpractice lawsuit against law firm Proskauer Rose, new legal documents show.
  • Vale could spur cape rally
    Hope of a fourth quarter capesize rally has not been completely extinguished despite disappointing data-points from China, Canaccord Genuity says.
  • Pittas joins buyback boys
    Aristides Pittas-backed Euroseas has launched a share buyback programme in a bid to boost its stock price.
  • Standing on the shoulders of giants
    Arctic Securities has initiated coverage of Star Bulk with a buy rating amid the belief it will outperform its fellow Wall Street bulker giants.
  • Hanjin banks $9m
    Korea's Hanjin Shipping has sold KRW 9.6bn ($9.2m) of convertible bonds as its fundraising continues.
  • Spanish ports face court
    Spanish ports have been found incapable of implementing the European Commission's (EC) security plan and are being taken to the European Court of Justice.
  • A family affair
    Dan and Laurence Odfjell reveal how a vineyard venture brought them together in the tanker business.
  • African advance
    Taiwan's Evergreen Line is boosting its presence in Asia to South Africa trades.
  • HHI president's plea
    Hyundai Heavy Industries, the world's largest shipbuilder, has been thrown into crisis by the prospect of the first all out strike at the yard in nearly 20 years.
  • 'He's a believer'
    John Fredriksen's increased investment in Flex LNG has provided a lift for the owner's stock and shown one of the world's most recognisable shipping magnates has not lost his appetite for the sector.
  • Boxship freed in Greece
    Local authorities in the Greek island of Mykonos have completed the refloating of a Turkish-flagged boxship which ran aground earlier this year.
  • Stena passes on costs
    Stena Line is raising freight rates after revealing new emissions regulations will cost it more than SEK 1m ($139,000) per day in extra fuel costs.
  • Owners fund security
    Shipowners have joined oil majors BP and Shell in contributing to a United Nations (UN) programme to aid Somalia in a bid to increase seafarer safety.
  • Time for answers
    UK crew union Nautilus International has asked the Panamanian Maritime Authority (PMA) to shed light on the Danny FII tragedy, which claimed the lives of 44 seafarers back in 2009.
  • Maersk banks on Danske
    AP Moller-Maersk has ring-fenced its stake in Danske Bank and insisted its shares will not be sold.
  • Sasebo forecasts deficit
    Sasebo Heavy Industries has raised its deficit forecast for the financial year ending in March 2015.
  • Estonia starts again
    Estonia has failed to find a suitable operator for island ferry routes following a public tender.
  • NS United eyes rise
    Japanese bulker owner NS United has lifted its interim profit forecast as the yen fell in value against the dollar.
  • Maersk's products ploy
    A focus on product tankers will be at the heart of AP Moller-Maersk's plans to generate $500m in annual profit from its non-container shipping operations.
  • Shenzhen goes green
    China's Shenzhen city government has revealed plans to spend as much as CNY 200m ($32.6m) to encourage shipowners to use low-sulphur fuel while at berth.
  • Two more for GNS/Nordic
    Chinese-German partnership Guoyu Nordic Shipping (GNS Shipping) and Nordic Hamburg have declared options for two more LNG-fuelled containerships in China.
  • CalMac ro-pax delayed
    A new ro-pax for Scotland's Caledonian MacBrayne (CalMac) has been delayed in Germany.
  • Exmar files LNG MLP IPO
    Exmar Energy Partners has filed a registration statement for an IPO in the US of shares in the master limited partnership (MLP).
  • China oil demand rises
    China's apparent oil demand climbed to its highest level in a year in August, according analysis of Chinese government data.
  • Japan orders ease back
    Japanese shipbuilders have seen newbuilding orders scale back compared to a year, latest industry figures show.
  • AURLPG set to trade
    Shares in Aurora LPG are set to start trading in Oslo on Friday following approval by regulatory authorities.

American Shipperweb site
SEPTEMBER 25, 2014
  • EPA offers grants to reduce diesel emissions at ports
  • Europe takes Spain to court over port security
  • Crane Logistics boosts pharmaceutical service
  • SEKO Logistics acquires Metakinetic
  • DHL launches German drone program
  • Finnish carrier orders two more LNG-powered boxships
  • Group unveils transportation marketing campaign
  • Commentary: Omnipresent omni-channel
  • Executive moves

The Bunker Bulletinweb site
SEPTEMBER 25, 2014
  • Petronas may ditch $10-billion BC LNG facility project
    'Lack of appropriate incentives' behind firm's threat to pull out.
  • GAC Bunker Fuels expands team in Norway
    Per Steffen Bolstad's appointment brings to 25 the firm's bunker traders worldwide.
  • Fuel oil stocks climb as bunker prices continue to slide
    Reports say some bunker suppliers in Singapore are holding back product in the hope the market will firm.
  • US owner talks up LNG bunker fuel
    Loss of cargo space minimal, says TOTE boss.
  • IMO highlights need for effective implementation of regulations
    Global conventions 'only have teeth if they are backed up by an effective implementation infrastructure at the national level'.
  • Bunker sales down for Brightoil
    Company cites demand downturn as behind the fall.
  • ECA rules branded 'negative political decision'
    Stena Line warns of 'significant economic impact'.
  • Maersk Tankers: Fuel-saving retrofits will keep costs down
    CEO discounts sell off speculation.
  • Baltic operator expands dual-fuel fleet
    'Our strategy is to stay well ahead of the curve and to be a pioneer in eco-friendly shipping.'
  • Intertek gets industry award
    Named 'supplier of the year' by Norwegian body.
  • Bunker savings lift cruise giant's profits
    Company expects to have scrubber systems installed on 70% of fleet by 2016.
  • New head of trading at Dan-Bunkering's Dubai office
    Michael Matern Hedager rejoins Danish bunkering firm.
  • Upgraded bunker tanker returns to service
    Belonna rejoins Lukoil's fleet in the Black Sea.
  • Shenzhen sulphur reduction initiative 'a milestone'
    Scheme to subsidise port and ship operators could cost up to $32.6 million a year.
  • LNG bunkering project launched in Baltic
    Key regions identified for possible LNG bunkering facilities.
  • UK showcase for emulsion bunker fuel
    Product will be available in 10 countries by early 2015.
  • Crude gains as US inventories drop
    Supplies decreased 4.27 million barrels to 358 million last week.

›››File
FROM THE HOME PAGE
PORTS
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
PORTS
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
COMPANIES
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
ACCIDENTS
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
PORTS
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
COMPANIES
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
PORTS
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
PORTS
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
PORTS
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
PORTS
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
PORTS
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
SHIPPING
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
SHIPPING
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
SHIPPING
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
PORTS
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
SHIPPING
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
ACCIDENTS
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
SHIPPING
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
SHIPYARDS
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
SHIPPING
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
CRUISES
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
ACCIDENTS
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
SHIPPING
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
ACCIDENTS
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
LOGISTICS
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
SHIPPING
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
CRUISES
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
SHIPPING
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
SHIPPING
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
PORTS
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
RAILWAY TRANSPORT
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
PORTS
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
CRUISES
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
SHIPYARDS
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
PORTS
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
SHIPPING
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
CRUISES
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
SHIPPING
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PORTS
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
PORTS
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
RAILWAY TRANSPORT
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
SHIPYARDS
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
SHIPYARDS
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
SHIPYARDS
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
ACCIDENTS
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
CRUISES
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
PORTS
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
PORTS
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
COMPETITION
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
FREIGHT TERMINALS
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
INTERMODAL TRANSPORT
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
PORTS
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
PORTS
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
LEGISLATION
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
ACCIDENTS
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
SHIPPING
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
PORTS
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
TRANSPORTATION
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
SHIPPING
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
TRANSPORTATION
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
ACCIDENTS
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
PORTS
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
PORTS
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
PORTS
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
ACCIDENTS
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
PORTS
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
CRUISES
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
PORTS
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
PORTS
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
SHIPPING
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
SHIPPING
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
PORTS
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
PORTS
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
INDUSTRY
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
SHIPPING
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
PORTS
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
SHIPPING
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
COMPANIES
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
MOURNING
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
PORTS
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
PORTS
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
PORTS
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
COMPANIES
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
PORTS
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
PORTS
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
LOGISTICS
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
LOGISTICS
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
SHIPPING
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
PORTS
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
SHIPPING
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
SHIPPING
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
ACCIDENTS
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
PORTS
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
PORTS
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
INTERMODAL TRANSPORT
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
PORTS
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
ACCIDENTS
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
SHIPPING
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
COMPANIES
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
PORTS
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
PORTS
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
PORTS
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
EDUCATION
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
INTERMODAL TRANSPORT
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
TRANSPORTATION
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
ACCIDENTS
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
INFRASTRUCTURE
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
LOGISTICS
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
LOGISTICS
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
PORTS
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
COMPANIES
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
PORTS
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
PORTS
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
INDUSTRY
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
PORTS
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
LOGISTICS
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
ASSOCIATIONS
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
PORTS
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
FREIGHT TERMINALS
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
INDUSTRY
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
OFFSHORE
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
LOGISTICS
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
ASSOCIATIONS
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
MEETINGS
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
SHIPPING
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
EDUCATION
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
NEWS
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
INDUSTRY
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
SHIPPING
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
ACCIDENTS
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
ACCIDENTS
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
SHIPPING
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
INTERMODAL TRANSPORT
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
PORTS
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
CRUISES
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
PORTS
Western Liguria Port Authority approves 2026 budget update
Genoa
PORTS
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
INDUSTRY
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
PORTS
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
PORTS
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
SEAFARERS
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
PORTS
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
PORTS
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
PORTS
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
PORTS
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
PORTS
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
RAILWAY TRANSPORT
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
PORTS
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
PORTS
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
SHIPYARDS
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
PORTS
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.
LOGISTICS
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
INDUSTRY
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
SHIPYARDS
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
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