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Independent journal on economy and transport policy
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BRIEFS
October 28, 2014
Sched Netweb site
  • Rotterdam box volume up 4.2pc in first 9 months to 9.21 million TEU
  • Antwerp up 5pc to 9.21 million TEU in first 9 months - on Dutch congestion
  • Shipowners say they persuaded IMO to ease up on ballast water treatment
  • Oakland September up 2.87pc to 207,412 TEU in year's busiest month
  • IMO relents, allows discussion group on low-sulphur bunker liability
  • Ukraine appeals to WTO over Russian ban on fruit and vegetable imports
  • Asia-NZ Ex drops Noumea, Suva, now starts in Shanghai, not Hong Kong
  • Despite Russian objections, UN Polar Code closer to being Law of the Sea
  • Union Pacific third quarter revenue increases 11pc to US$6.2 billion
  • Norfolk Southern posts 7pc higher revenue to US$3.07 billion in third quarter
  • French forwarder Norbert Dentressangle sales up 14pc to US$4.26 billion
  • Athens Digital Ship expo to showcase technology November 26 - 27
  • Russia's AirBridgeCargo increases cargo volume 14pc in first nine months
  • UAL quarterly profit up 99pc to US$1.1 billion as cargo sales rise 19pc
  • US exacts fines for flying paint, acryllic, bullets and other hazmat

Exim Indiaweb site
OCTOBER 27, 2014
  • All-Ways Logistics announces business expansion plan
  • CMA CGM upgrades Cagema Main Liner service
  • DP World welcomes first scheduled vessel to new Jebel Ali Container Terminal 3
  • G6 Alliance announces Asia-US West Coast Winter Program
  • Kalmar launches its fifth generation Gloria reachstackers in Americas
  • London P&I Club warns on failure to preserve VDR data
  • Moore Stephens expects vessel operating costs to rise over the next two years
  • NYK again included in FTSE4Good Index
  • Shipping cos seek liberal benefits from DGFT under SFIS
  • Softlink Global adds another reputed client to its portfolio
  • South African is winner of FIATA Young Freight Forwarder Award
  • Govt to speed up Iran's Chahbahar port project
  • Gujarat to get 6 more National Highways
  • INR loses early gains, suffers fresh losses against dollar

International Transport Journalweb site
  • Korridor in der Spur
  • India inaugurates electronic toll collection system
  • Support for European Shipping Week
  • DB Schenker goes on huge shopping spree
  • Ahrenkiel selects DNV GL's ship manager software
  • Transfrigoroute meeting highlights pharma market
  • DPD's Loock brings financial know-how to Biek
  • CP reports best results in company's history
  • Air Arabia starts flights to Georgia
  • IAG Cargo collects shipments under 300 kg in Germany
  • DHL launches North Asian multimodal service
  • UTi promotes two of its own to president
  • Korean Air Cargo introduces new India routing
  • Vessel operating costs expected to rise

IHS Maritimeweb site
OCTOBER 27, 2014
  • Scorpio may delay Dorian exit
    Despite a quarterly loss, Scorpio Tankers remains very positive on product-tanker prospects and has implied that it will not immediately sell its Dorian LPG stake. NYSE-listed Scorpio Tankers posted a net loss of $1.2M for 3Q14 versus net income of $667,000 in 3Q13. Average time charter equivalent
  • Maersk ship rescues migrants near Malta
    Danish-flagged Eleonora Maersk rescued a group of 220 migrants 285nm southeast of Malta on the night of 23 October. The migrants - said to be Syrian men, women, and children - were expected to be brought to Malta. But they refused to be transferred to an Armed Forces of Malta (AFM) patrol boat as
  • German shipowners face tax hike
    German shipowners and KG funds will pay far more tax from 2016 unless an exemption of earnings pools from insurance tax is extended. A government official told shipowners and managers at the Seeschifffahrtstag forum in the northwestern town of Haren last Friday that the federal ministry of finance
  • Tanker Investments starts $30M buyback
    Tanker Investments has begun an earlier announced repurchase of up to $30M of its own shares, said the Oslo-listed firm. The $30M share buyback, part of programme unveiled on 23 October, would represent about 3% of common shares or 7.8% of share capital in the firm, according to the company's
  • Oaktree set to control revamped Torm
    Torm and its creditors have entered into a restructuring agreement that would give Oaktree Capital Management a controlling interest in the Danish product tanker company. Torm said today it had agreed a potential restructuring with Los Angeles-based Oaktree and a group of lenders representing 61%
  • East Africa's MCG port upgrades systems
    Mayotte Channel Gateway (MCG) in the Mozambique Channel off East Africa is preparing for expansion by licensing a Navis terminal operating system (TOS). At the French-governed Port of Longoni, MCG is a key regional transshipment hub, managing 60,000teu annually and poised to grow 15% over the next
  • Sewol prosecution demands death penalty
    South Korean prosecutors today have sought the death penalty for the captain of the capsized ferry Sewol. Captain Lee Jun-Seok's trial for manslaughter over the 16 April incident is now closing. A verdict is due on 11 November. A further 14 crew members could face lengthy prison terms. The vessel
  • Kleven to build a diamond-mining vessel
    Kleven group in Norway has won an order from De Beers Mining Namibia to build a ship for mining diamonds on the seabed, the shipbuilder said in a statement. The 112m-long vessel will be based on the MT6022 type design from Marin Teknikk, the Norwegian consulting naval architects, and fitted with
  • Ezra shows strong growth despite slow profits
    Singapore-listed offshore marine services provider, Ezra Holdings has displayed poor profitability metrics despite strong growth forecast, according to Lee Yue Jer, analyst from DMG & Partners Securities. He sets a target price of SGD0.85 ($0.66) per share, while the company's stocks are currently
  • China to allow private funds in ports
    Private investment in port and inland shipping facilities, as well as other key sectors are encouraged, stated Chinese premier Li Keqiang last Friday. Beijing decided to lower the access of private funds to more sectors, including including energy and telecoms, to break the market barriers and
  • Sungdong wins LR1 tanker order
    South Korean shipbuilder Sungdong Shipbuilding & Marine Engineering has won an order for four 74,000dwt Panamax (LR1) products tankers including two options from Greek ship owner Tsakos Energy Navigation Limited (TEN). Through a press statement, the shipbuilder said, "The tankers will be green
  • Yangzijiang Shipbuilding divests all non-core businesses
    Singapore-listed Chinese shipbuilder Yangzijiang Shipbuilding has sold off all its non-shipbuilding businesses as it refocuses on its main business. Yangzijiang, led by executive chairman Ren Yuanlin, announced that it had sold its stakes in Taizhou Hengjian Real Estate and Changzhou Green Field
  • HMD to install Clean Marine's EGCS
    South Korean shipbuilder Hyundai Mipo Dockyard will install Norwegian exhaust gas scrubber supplier Clean Marine's exhaust gas cleaning systems on two MR product tankers it is building for BP. The International Maritime Organization has stipulated that sulphur emission levels in Emission Control
  • $49M raise for Chinese yard's work capital
    Guangdong Province Navigation Group plans to replenish the work capital of its shipbuilding subsidiary of Guangdong Xinchuan HI (GXHI) by issuing a short-term note. A total of CNY300M ($49M) will be used to complement the yard's operating funds from 2014 to 2015 to pay for steel plates and labour
  • Myanmar, Thailand to grant first concession on Dawei
    Myanmar and Thailand are expected to announce more details about the first concession to be granted on the Dawei port project next month. The news is another sign of the quickening pace of events supporting the development of the Myanmar megaport and industrial zone to be linked to neighbouring
  • Pirates set off with tanker, crew abandoned
    A product tanker was hijacked off Sampit, Indonesia; its master and crew held captive for nearly two weeks and finally abandoned off Terengganu, Malaysia. The Indonesia-flagged Srikandi 515 was loaded with 3,100 tonnes of palm oil from Sampit, Kalimantan Tengah, en route a 3-day voyage to Gresik,
  • World Bank: Bangladesh to invest more on ports
    Bangladesh is being urged to look at investing more in its ports and related infrastructure by the World Bank. The World Bank notes that such a move, though difficult, is necessary to create the circumstances for sustained economic growth, in its Bangladesh Development Update. Growth is likely to
  • Chinese ships seized in Mexico
    Chinese bulk carriers Best Vision and Luyang Eagle have been detained at Mexico ports for nearly six months, due to alleged involvement of illegal iron ore shipping, Chinese shipping website ship.sh told IHS Maritime. The Panama-flagged 96,000dwt Best Vision sailed to Manzanillo, Mexico, on 25

Marine Logweb site
OCTOBER 27, 2014
  • Vancouver Shipyards starts production of first NSPS vessel
  • MAN Diesel & Turbo approves Hitachi Zosen SCR
  • Prosecutors seek death penalty for Sewol captain
  • Oaktree would control Torm under proposed restructuring
  • Liberian Registry backs IMO guidance on Ebola
  • Stolt to relocate Stamford tanker staff to Houston

World Wide Shipperweb site
OCTOBER 27, 2014
  • Dredging project set to begin for Snohomish River settling basins
  • Hanjin joining list of carriers in pair of South Africa services
  • MarAd calling for input for offshore export facility rules
  • Crowley Maritime barge delivers gate for Panama Canal expansion work
  • Port Metro Vancouver marks end of Roberts Bank overpass project

Lloyd's Listweb site
OCTOBER 27, 2014
  • Fyffes-Chiquita deal breaks up
    Banana producers would have searched for fleet synergies had the deal gone ahead
  • Surprise reprieve for Hamburg formula
    Inadmissible for stress test, but no ECB ban
  • VLGC spot rate falls but stays above $100 per tonne
    Lack of chartering activity pulls market down for owners, following recent surge
  • ECB orders shipping book writedown at HSH Nordbank
    But world's biggest lender declines to specify amount
  • Navios Maritime Partners post flat income
    Revenue jumps 18% as company uses prolonged market weakness to strengthen its position
  • Scorpio Tankers slips to $1.2m net loss
    Tanker company remains focused on goal of global product tanker domination
  • Liberian Registry backs the IMO's no-ban Ebola advice
    Calls for shipowners to include Ebola-specific clauses in their charterparties.
  • Horizon Lines sees revenues and profits increase
    Jones-act carrier benefits from higher volumes and lower costs, but freight rates slide
  • Maersk imposes surcharge on Philippines port congestion
    Shipping line doubles Manila surcharges, limits Batangas box calls
  • Stolt-Nielsen moves tanker staff to Houston
    Chemical giant moves 60 employees from Connecticut to Texas
  • Maersk's new drillship starts a 45-day contract for $17m
    Three out of four newbuildings now operating as drilling business targets a $1bn profit
  • Torm restructuring deal gives Oaktree a controlling stake
    Danish tanker company is close to agreement with 61% of its creditors
  • Marseilles Fos' new port authority boss tackles a public relations challenge
    Cabau Woehrel must persuade customers that the French port is strike-free and poised for growth
  • Mexico detains bulkers over illegal shipment claims
    Authorities say vessels failed to produce the right paperwork for iron ore cargoes
  • Nakilat posts a 25% hike in nine-month profits
    Fleet expansion is on the cards as the Qatari company looks to new LNG opportunities

The Journal of Commerceweb site
OCTOBER 27, 2014
  • 'Happy Days' here for LTL as volumes, business improve, Estes says
    KANSAS CITY - The strengthening U.S. economic recovery is delivering better times to less-than-truckload carriers, Robey W. (Rob) Estes, Jr., said at the JOC Inland Distribution Conference here Friday. "Remember that TV show back in the '70s with Ron Howard and Tom Boswell, 'Happy Days'? LTL is experiencing 'Happy Days'...
  • As freight volume, revenue rises, Swift Transportation looks to add trucks
    Swift Transportation, the largest U.S. truckload carrier had more freight in the third quarter than it could handle, even with 300 more tractor-trailers hauling truckload shipments. The earnings reports of Phoenix-based Swift and truckload competitors Werner Enterprises and Knight Transportation show freight demand rose to match and exceed truck capacity in...
  • Transnet inks MOU to advise four African countries on port operations
    South Africa's port landlord Transnet will help educate ports in Kenya, Namibia, Mozambique and Ghana under a new agreement meant to bring their ports up to international standards. Port authorities in the four nations signed an agreement with South African port landlord Transnet to engage in worker and management training and...
  • UP's new overweight container surcharge draws shipper ire
    A higher surcharge on westbound-moving overweight containers imposed by Union Pacific Railroad this month is drawing fire from Midwest agriculture exporters. The Class I railroad in mid-July told customers that a $300 surcharge would be imposed starting Oct. 1 on 40-foot and 45-foot containers that weighed more than 52,000 pounds. Shippers...
  • Grain exporter is first Quick180 Plus user
    North Carolina grain exporter C.A. Perry & Son has become the first shipper to use Quick180's container-matching system to guarantee export loads to truckers dropping off empty import boxes at its plants. Quick180 was launched this year by retired Virginia port executive Rick Knapp. The company developed an algorithm-based technology to...
  • Malaysia state fund targets Goldman stake in Associated British Ports
    Malaysia's biggest state pension fund is reportedly preparing a $2 billion bid for a stake in Associated British Ports, the UK's largest port operator. Employment Provident Fund has hired bankers to help it acquire a 33.3 percent stake in ABP jointly owned by Goldman Sachs and Prudential, an insurer and asset...
  • Rail executives downplay consolidation outlook
    Canadian Pacific Railway CEO E. Hunter Harrison sees railroad consolidation as possible and a way to greatly improve service, but the majority of his Class I counterparts aren't on board. "And I will go ahead and say I have a very high regard and respect for the head of the CP,...
  • Six side-effects of inventory optimization
    As a way to drive efficiency and reduce costs, manufacturing and distribution companies are on a mission to get lean. One way they're doing so is by optimizing and reducing inventory levels across the supply chain. Financial executives get excited about demand planning and forecasting projects that produce one-time inventory reductions...
  • Explaining the LA-Long Beach gridlock [Video]
    With Los Angeles-Long Beach, which handles some 40 percent of U.S. import container cargo, experiencing its worst bout of congestion in years with no end in sight, shippers are evaluating their options for 2015. Veteran JOC West Coast Editor Bill Mongelluzzo, who has been closely following developments, describes the situation...
  • Ship financing giant HSH Nordbank passes ECB stress test
    HSH Nordbank, the world's biggest ship financier, passed a stress test by the European Central Bank, thanks to a large increase in state loan guarantees that has helped the German bank to survive the protracted container shipping bear market. While no ship financiers failed the ECB's health check of 130 banks,...
  • Provision for antitrust fine takes TNT Express to $60 million loss
    TNT Express suffered its first operating loss in five quarters due to a provision for a potential antitrust fine and restructuring costs. The Netherlands-based global express delivery firm lost 47 million euros [$59.7 million] in the three months through September against a 3 million euros profit in the same period in...

TradeWindsweb site
OCTOBER 27, 2014
  • Lemos hit with UK ruling
    A UK judge has found Greek shipowner Andonis Lemos and two US financial firms to be on the hook for additional legal costs in an unsuccessful oil industry lawsuit that they backed.
  • Owners can handies
    A growing number of operators appear to be parting ways with handysize bulkers that are becoming increasingly difficult to trade because of their age.
  • Scorpio holds onto Dorian
    Scorpio Tankers intends to hold onto its stake in Dorian LPG, at least for now, despite previous indications that it would sell out of the gasship owner by the end of this year.
  • Al-Qaeda targets tankers
    Security contractors believe tankers and other types of commercial tonnage could become increasingly attractive targets for Islamic terrorists in the months ahead.
  • US yard lands order
    A leading US shipyard has lined up a $5m contract to construct a pair of tugs for the New York Power Authority (NYPA).
  • Attica confirms sale
    Greece's Attica Holdings has sold one of its vessels to the Canadian government.
  • Jiangzhou takes aim at LNG
    China Ocean Shipbuilding Industry Group has forged an alliance with Jianglian Heavy Industries under a broader bid to cash in on rising demand for LNG carriers.
  • CMES back in black
    China Merchants Energy Shipping (CMES) has returned to profit in the first three quarters of 2014.
  • Cape fire keeps burning
    Optimism remained today in the capesize market as a major improvement in the past week extended for another session.
  • Deutsche Bank downs DSX
    A Wall Street forecaster has downgraded shares of Greek operator Diana Shipping in response to renewed concerns about the future of the dry-bulk market.
  • Panama sets record
    Panama Canal's centennial year has seen a historic record after almost one million people visited the famous Central American waterway.
  • GSI eyes big profit
    China's Guangzhou Shipyard International (GSI) is lining up a big gain from the sale of three non-core assets.
  • Fyffes deal dead
    The merger of banana giants Chiquita and Fyffes is off as the former has agreed to be taken over in a $1.3bn deal by Cutrale-Safra.
  • Ipsen: Oaktree plan realistic
    Torm has finally established a plan capable of ending four years of financial uncertainty following an agreement that will see Oaktree Capital take control of the company, its chairman says.
  • Precious hurt by costs
    Thailand's Precious Shipping has posted a loss for the three-month period ended on 30 September as total expenses rose.
  • Scorpio Tankers waits on dividend
    Scorpio Tankers reported a minimal loss in the third quarter with its red figure at the positive end of the range the company had guided.
  • Navios Partners stable
    Greek owner Navios Maritime Partners (NMM) has maintained steady earnings in the third quarter as revenue rose.
  • Bahri earnings slashed
    Saudi tanker giant Bahri has posted a steep drop in third-quarter profit as rates and volumes fell.
  • Malaysian interest for ABP
    A Malaysian fund has set its sights on bidding for Goldman Sachs's stake in UK port operator Associated British Ports (ABP).
  • Hanjin Shipping joins up
    South Korea's Hanjin Shipping is expanding its South African network by joining other Asian owners on two existing services.
  • Clarksons sees spending record
    A hunger for newer and larger vessels could see 2014 set a post-crash record for second-hand investment, figures from Clarksons show.
  • Samsung merger cleared
    Shareholders have voted to combine Samsung Heavy Industries (SHI) and Samsung Engineering in a deal worth $2.5bn.
  • Mitsui profit to spike
    Mitsui Engineering & Shipbuilding has jacked up its first half profit forecast.
  • Pirates kidnap 10
    Gunmen have abducted four police officers and six oil workers in separate attacks that took place on Friday in Nigeria's Bayelsa region.
  • Tanker hijacked
    A 2013-built tanker has been seized by pirates off Indonesia.
  • Stolt staff moving
    Norway's Stolt-Nielsen is shifting its Connecticut tanker workers to Texas to consolidate its US operations.
  • HSH passes stress test
    Germany's HSH Nordbank has passed the European Central Bank's (ECB) stress test thanks to the huge guarantee provided by its federal owners.
  • Oaktree to control Torm
    Danish owner Torm is on the cusp of a second major restructuring that will see Oaktree Capital use ships to assume control of the company.
  • De Beers goes to Kleven
    Kleven has secured a newbuilding contract from De Beers to build a specialised vessel for deep sea mineral exploration.
  • Jaxport eyes bigger ships
    The US port of Jacksonville (Jaxport) is bolstering its crane capacity in anticipation of the arrival of larger containerships.
  • Nakilat profit heads higher
    Nakilat, the operator of the world's largest LNG fleet, has reported a 25% rise in net profit for the first nine months of 2014.
  • Essar capesize freed
    Essar and Dr Peters look to have settled their differences over a charter dispute that saw a capesize bulker arrested in Singapore.

American Shipperweb site
OCTOBER 27, 2014
  • Port Of Oakland sees busiest month in more than a year
  • Horizon Lines reports sharp increase in Q3 profits
  • Great Lakes ore floats high in September
  • FMC's Lidinsky critical of Ocean Three approval process
  • FMC reviews 28 OTI license applications
  • Drewry: Global demand container demand up 5.5% in 2015
  • UPS predicts December growth
  • CORRECTION: MSC modifies North Europe Service
  • Executive moves

The Bunker Bulletinweb site
OCTOBER 27, 2014
  • New MFM systems 'boost accuracy' of fuel measurements
    Emerson's meters use 'new electronics with faster flow sampling rates'.
  • Box ship arrest in Singapore
    Ship detained on October 25.
  • Repaired ship heading home to Russia from BC
    Captain still recovering in Vancouver from medical issues.
  • Renewed calls to scrap bunker tax
    Shipping ministry pushing for reform.
  • Crude oil prices could fall further, warns US bank
    'Bearishness prevails and the market is still in the process of trying to find a new floor.'
  • Investor offloads OW Bunker shares
    Cantillon Funds reduces stake in bunker company.
  • Company facing fraud investigations
    Danish Fraud Squad 'pressing charges' but reporting of the case restricted.
  • Oil spill cleanup in progress at UK port
    About 100 metric tonnes of fuel oil spilled, says local media.
  • Further fundings for ECA 'sniffer drones'
    Self-guided drones will seek out ships and measure their sulphur emissions.
  • EGCS systems ordered for newbuild MR tankers
    System able to single-handedly serve all combustion units simultaneously.
  • Shipmanagement firm reduces vessel fuel consumption
    Being 'eco-smart' pays off', says general manager of Ecoships.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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