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November 28, 2014
Sched Netweb site
  • US west coast congestion to worsen over Thanksgiving holiday weekend
  • Fourteen ships at anchor at LA-Long Beach, 2 boxships less than day before
  • EU to force ships to post CO2 emissions to save world from global warming
  • Bunker surcharge from Japan, Korea, Greater China to Oz revised
  • Insurers in a quandary over cover for payment of pirate ransoms
  • 12 out of 15 of major ocean carriers see good results in third quarter
  • LA Basin Pool adds 2,300 chassis, boosting San Pedro Bay equipment supply
  • Finland, Korea celebrate 50th order for fuel saving technology
  • DHL invests US$140 million on warehousing and transport in China
  • Pentagon's container mismanagement results in US$823 million in fines
  • Gas fuel code for ships may be adopted by IMO states next year
  • Singapore's Changi Airport cargo up 2pc in October to 159,700 tonnes
  • Gangster who got away with Kuala Lumpur air cargo gold heist shot dead
  • Air France Cargo to signs container repair deal with CHEP software

Exim Indiaweb site
NOVEMBER 27, 2014
  • CMA CGM to improve ASEA service between Asia & East Africa with the launching of ASEA Kenya & ASEA Tanzania
  • Dutch yards may need to rethink contractual structures
  • ICS addresses OECD shipbuilding Working Party
  • Orders for new containerships cross 1-m TEU mark: Alphaliner
  • Sino International Freight Forwarders Conference continues to gain momentum
  • Utilisation improves in Q3 on key box trade lanes
  • Agri exporters need to register with US FDA by Dec. 31
  • GDP may grow at 6.3 pc in 2015, estimates Morgan Stanley
  • Govt sets fiscal export target at $ 340 bn
  • India's steel output at 81.69 mt
  • Pak plays spoilsport at SAARC meet
  • Petronet LNG may use 'cold energy' to set up power plants
  • PM proposes facility for funding SAARC infra projects

International Transport Journalweb site
  • More checks on foreign HGVs in Norway
  • Bullet train for the Lone Star State
  • Seaintel: Asia-North Europe capacity outlook 2015
  • Union Pacific upgrading Colorado's transport infrastructure
  • Ictsi expanding yard capacity in Manila
  • Waco welcomes new Mexico member
  • Turkey to make major investment in rail infrastructure
  • Former minister and labour advocate to head Biek
  • USA and Mexico open skies for cargo
  • Frisher leaves cool north for California sun
  • CMP set to fire starting shot for new box shuttle
  • Europa Worldwide ploughs cash into Newcastle
  • InterRail sets up longest ever land bridge
  • Qatar Airways receives fourth A330F

IHS Maritimeweb site
NOVEMBER 27, 2014
  • Paying piracy ransoms 'still legal'
    A new Counter Terrorism and Security Bill, which was presented to the UK parliament on Wednesday, will not change current rules on piracy ransom payments, insurance industry experts and maritime lawyers believe. The bill is a response to heightened concerns over radicalisation and threats from
  • Nord LB shipping losses rise again
    Germany's second-largest shipping lender Nord LB has suffered another rise in shipping-related losses. The Hanover-based state bank's nine-month report today showed an increase in losses of its shipping and aviation segment of 24% to €182M ($227M). The deficit would have even been
  • Finland to renew its icebreaker fleet for €1bn
    A government report published today outlines state-owned Arctia Shipping's future for the next fifteen years. Arctia Shipping's main responsibility is to keep Finland's seaways open year-round. The Cabinet Committee on Economic Policy lists a number of strategic points, first of which is that the
  • Shipowners to take on risk assessment role
    Members of the UK P&I Club are to be invited to participate in the first of its kind initiative in which masters and their crews will be asked to undertake risk assessments of their vessels. The club has announced it is to trial the self-assessment scheme for its entered ships putting the onus on
  • World's first LNG-ready container ship named in Ulsan
    The world's first LNG-ready ultra-large container ship has been named MV Sajir in Korea by the United Arab Shipping Company (UASC) today. The 15,000teu Sajir will be operated on routes from Asia to Northern Europe after delivery later in 2015. LNG-ready means the vessel has been built with double
  • APMT starts landside operations at Maasvlakte II
    APM Terminals has begun landside operations at its new Maasvlakte II automated container terminal at the port of Rotterdam. The terminal is not due to receive its first ship call until the second half of December but APMT told IHS Maritime that, in the meantime, the new terminal was being used to
  • Fincantieri 'no comment' on STX France takeover
    Italian shipbuilder Fincantieri has declined to confirm or deny reports that it is looking to take a majority stake in leading French shipbuilder STX France. Italy's Il Sole 24 Ore newspaper reported that Fincantieri was in talks with STX Europe with a view to buying the 66.6% holding of Korea's
  • Singapore LNG Corp secures huge loan
    Singapore LNG Corporation (SLNG) has secured a SGD1.11Bn ($853.72M) term loan facility with five banks. The loan will help it refinance some of the Singapore government loans extended to it for the building of the initial phases of the Singapore LNG Terminal on Jurong Island. SLNG was involved in
  • EU approves scheme to monitor ship emissions
    EU member states, the European Commission, and the European Parliament have reached agreement on the introduction of an EU monitoring, reporting and verification (MRV) scheme for CO2 emissions from ships in 2018. The regulation introducing the scheme now has to go through a round of formal
  • Copenhagen Malmo Port introduces barge services between cities
    Copenhagen Malmo Port (CMP), the Danish-Swedish port company, says it will introduce a barge service to link its facilities on either of the Sound. "Daily barge traffic between the cities will simplify transportation of containers and other freight. The shortcut over the strait will be flexible and
  • Platou shareholders agree Clarksons takeover
    Shareholders that control 92.6% of the equity in RS Platou, the Norwegian shipbroker and investment bank, have approved takeover of the company by Clarksons, the London based maritime services group, Clarksons said in a statement. Approval by shareholders of both companies is a precondition for the
  • Icon Offshore reports 14.5% drop in profits
    Malaysia's Icon Offshore reported a 14.5% year-on-year fall in profit to MYR18.9M ($5.64M) for 3Q ended 30 September 2014, from MYR22.1M. Revenue decreased by MYR6.5M or 2.6% from MYR248.3M for the quarter ended 30 September 2013 to MYR241.8M. The drop was primarily due to lower charter revenue
  • Zanzibar severs ties with Philtex agency
    The government of Zanzibar terminated its agency agreement with Philtex (Belize) Ltd, which is based in Dubai, effective from 13 October, 2014. Philtex had an exclusive ten year contract to manage the Tanzania Zanzibar International Register of Shipping (TZIRS). In a notice issued by Dr Malik Akil
  • Tandara Spirit sails for Singapore
    Facing legal action, the crew sit-in on board the Tandara Spirit tanker in Port Phillip Bay, Australia has ended after three weeks with the ship yesterday sailing for Singapore. The ship, employing all Australian seafarers on the coastal tanker trade will be replaced with foreign-crewed tankers and
  • ISP launches new range of lifejackets
    International Safety Products (ISP) has just launched a range of lifejackets, for use across the marine sector. Each lifejacket is equipped with a fully integrated AIS Man OverBoard signal device, supplied by Ocean Signal, demonstrating the new concept behind the design. The longstanding
  • TTA posts highest profit in five years
    Thai shipping and energy group Thoresen Thai Agencies (TTA) today reported a net profit of THB1.015Bn ($30.9M) for its 2014 fiscal year that ended on 30 September 2014. Chalermchai Mahagitsiri, president and CEO of TTA touted the company's FY14 performance as the "best" in five years, thanks to
  • Maybulk posts losses for 3Q14
    Malaysian Bulk Carriers (Maybulk) reported a loss of MYR2.89M ($0.86M) for 3Q14, reversing a profit of MYR8.1M in the corresponding period last year. Revenue dipped slightly to MYR62.9M in 3Q14 from MYR62.8M in 3Q13. The loss was attributed to lacklustre earnings across the company's business
  • HHI workers stage walkout
    Hyundai HI (HHI), the world's biggest shipbuilder, has announced through a Korea Exchange filling that the company's labour union have gone on strike at its shipyard in Ulsan. Approximately 2,700 workers at the Ulsan shipyard, aside from the shipbuilder's special & naval shipping division's
  • China's coal imports drop 6.6%
    China's coal imports totalled 223.2M tonnes in the first three quarters of 2014, declining 6.6% year on year, and are expected to decline by 13% for the full year, according to IHS Energy. National raw coal production totalled 2,850M tonnes in the first three quarters of 2014, 1.3% lower than in
  • SYSC 1QFY15 profit plunges
    Malaysia-listed Shin Yang Shipping Corporation (SYSC) posted lower net profit for 1QFY15, which ended on 30 September 2014. Its earnings plunged to MYR106,000 ($31,600) from MYR6.42M in 1QFY14. Revenue dropped 13.7% year on year to MYR255M in 1Q15 from MYR296.6M in 1Q14, while the profit before
  • Malaysian company ventures to UAE
    Malaysia-listed Freight Management Holdings is making a move into the United Arab Emirates (UAE) through a joint venture between its wholly owned subsidiary FM Global Logistics Ventures and China-incorporated Amass Freight International. The joint-venture company will be known as Amass Freight

Marine Logweb site
NOVEMBER 27, 2014
  • Apple shape tanks give new MHI LNG ship more capacity
  • Myklebusthaug MPSV will be first UT design built in Turkey
  • Maersk AHTS newbuilds feature Wärtsilä solutions
  • Newly named 15,000-TEU containership "LNG ready"
  • Higgins takes reins as CEO at Nichols Brothers
  • World's largest LNG-powered PSV delivered

Lloyd's Listweb site
NOVEMBER 27, 2014
  • UASC hedges bets on LNG-fuelled giant boxships
    Carrier makes its orderbook LNG-ready, but not from the beginning
  • Shippers slam US west coast delays as Thanksgiving brings a brief respite
    Retailers brace for Black Friday shopping rush and pre-Christmas sales as supply-chain gridlock worsens
  • Industrial action hits Hyundai Heavy Industries' production
    Workers stage another partial strike as wage talks grind to a halt
  • Ocean Three aims for mid-January launch
    Start-up slightly delayed as CMA CGM withdraws from existing alliances
  • Owners give thanks as product tanker earnings soar to six-year high
    Arbitrage window and a rush to fix ships before Thanksgiving drive up demand for tankers hauling gasoline from Europe to the US
  • Maersk and CMA CGM in second congestion charge U-turn
    Update: Evergreen and OOCL among lines that also suspend levies to cover the cost of US west coast port delays days after reinstating them
  • UK P&I to launch self-assessment trial
    Crews asked to score safety measures
  • Clarksons raises $50m from share placing
    London-listed broker edges closer to taking over rival broker RS Platou
  • ICTSI expands Manila yard capacity to ease congestion
    Port operator opens empty storage depot to alleviate Philippines bottlenecks
  • Platou shareholders agree Clarksons acquisition
    The $440m broker consolidation deal is moving forward
  • Fall in iron ore prices triggers capesize debate
    Cheaper ore and lower Chinese port stocks are unlikely to be the panacea for a struggling dry bulk sector during 2015
  • UASC newbuildings upgraded to 15,000 teu
    New lashing bridge adds another 1,000 teu nominal capacity to the line's latest arrival, Sajir
  • Diana Containerships signs longer deals for two panamaxes
    Sharply reduced rate accepted for periods exceeding one year
  • Opec seeks a production cut - with a little help from its friends
    Can Mexico and Russia slash excess oil supply and help members to make a deal that sticks?

The Journal of Commerceweb site
NOVEMBER 27, 2014
  • Fewer container ships at anchor at LA-LB versus earlier in the week
    Seven container ships, two more than the previous day but fewer than earlier in the week, were at anchor on Thursday morning awaiting berths at the congested ports of Los Angeles and Long Beach, according to the Marine Exchange of Southern California. The container ships at anchor at 7:00 AM on...
  • Rotterdam to triple tariff discounts for transshipped containers
    The port of Rotterdam will triple the discount on tariffs for deep-sea containers that are transshipped to other ports in Europe over the next three years in a move likely to trigger a response from its main rival Hamburg. The current discount of €1.65 [US $2] on the 8 euros tariff...
  • Asia airlines sustain solid growth through October
    Andrew Herdman, director general of the AAPA, addresses airline executives in Tokyo.HONG KONG - The international air freight demand of Asia-Pacific airlines, measured in freight ton kilometres (FTK), grew by a firm 6.4 percent in October, on the back of buoyant demand for electronic goods from manufacturing hubs in North...
  • Madrid the latest city to join China's growing rail network
    HONG KONG - A train pulling 82 wagons loaded with containers is somewhere between the Chinese manufacturing hub of Yiwu and the Spanish city of Madrid, 6,200 miles down the track. It will take the block train 21 days to reach the Spanish capital as it inaugurates the world's longest rail...
  • Montreal port gets back to normal after one-day strike
    Operations at the port of Montreal are returning to normal after a day-long strike by municipal workers opposing the state's pension reform plan interfered with access to the terminals and disrupted operations. A one-day municipal workers strike disrupted cargo operations at the port of Montreal today. Montreal firefighters and other municipal employees...
  • ICTSI expands yard to cope with rising Manila volumes
    HONG KONG - A yard expansion project by International Container Terminal Services, Inc. (ICTSI) in Manila has been completed and will help the port address the growing volumes and congestion that has choked the port since February. Manila International Container Terminal has added yard space to its Berth 7 that will...
  • Declining revenue per TEU puts pressure on liner profitability
    HONG KONG - The revenue container shipping lines are achieving per TEU has been falling steadily over the past three years as freight rates continue to weaken under the burden of excess capacity. Revenue per TEU has fallen steadily since 2012.According to data from DynaLiner, revenue per TEU in the past...
  • Seattle to invest in terminals and its new partnership with Tacoma
    The Port of Seattle Commission on Tuesday approved its 2015 budget that calls for $373.8 million in capital expenditures for the seaport and for Sea-Tac International Airport. Seaport investments will include modernization of Terminal 5 to make the facility big-ship ready. Improvements are designed to accommodate vessels with a capacity of...
  • US broker and forwarder group says congestion surcharges are illegal
    The National Customs Brokers and Forwarders Association of America on Wednesday charged that ocean carriers may be violating the U.S. Shipping Act with their congestion surcharges at West Coast ports. The NCBFAA also called upon federal agencies to appoint a mediator in the contract negotiations between the International Longshore and Warehouse...
  • Congestion surcharge merry-go-round continues as carriers back off anew
    For the second time in two weeks, three carriers are reversing their decision to implement port congestion surcharges, though the reason wasn't immediately clear. The U.S. trade group of customs brokers and forwarders charged on Wednesday that the surcharges are illegal. Maersk Line, Yang Ming and CMA CGM backed off of port...
  • Post-peak season, US domestic intermodal rates drift lower
    A weekly index of intermodal spot pricing showed post-peak season weakness and was weighed down by rate erosion on freight moving out of Chicago, where intermodal prices have been consistently strong this year. However pricing support out of the West Coast pointed to the effects of congestion at the Los...
  • Zim spinoff vote set for Dec. 31
    An Israel Corp. shareholder vote on the spinoff of Zim Integrated Shipping Services and several other businesses into a new company, Kenon Holdings Ltd., has been scheduled for a Dec. 31 vote. Earlier this year, longtime parent Israel Corp. reduced its 99 percent stake in Zim to 32 percent, with the...

TradeWindsweb site
NOVEMBER 27, 2014
  • Big operation in Crete
    Greek authorities have launched a big rescue operation for a vessel with around 700 immigrants aboard, off Crete.
  • Anek stays in red
    Anek Lines has posted a fractionally bigger loss for the first nine months of 2014 as revenue declined.
  • Finnlines firing again?
    Finnlines looks to be firing crew for the second time in the last three months.
  • Baltic dividend rises
    London's Baltic Exchange is increasing its interim dividend as underlying finances remain strong.
  • Nord/LB cuts loan loss
    German bank Nord/LB has reduced its loan-loss provisions for the first nine months as profit rose.
  • Landmark strike at HHI
    Hyundai Heavy Industries (HHI) workers have staged the first partial strike since 1994 after 52 unsuccessful rounds of negotiations with central management.
  • India readies yard fund
    India's government is close to setting up a shipbuilding fund worth at least INR 150bn ($2.42bn).
  • Boskalis: no merger
    Dutch dredging group Boskalis has denied it is looking to merge its tug division with AP Moller-Maersk.
  • Trident adds 14
    A few weeks before new emissions regulations are introduced, Trident Alliance - a band of shipowners looking to ensure enforcement - has added 14 companies to its tally.
  • Kurushima wins bulk duo
    Hong Kong interests are believed to be behind a new order for two bulkers at Japan's Shin Kurushima.
  • Shih Wei slides
    Shih Wei Navigation has seen earnings eroded in the third quarter as revenue fell.
  • ER modifies eight
    Germany's ER Schiffahrt is retrofitting eight ultra-large container vessels and has scooped an award from DNV GL as a result.
  • Trustees take OW fleet
    OW Bunker's tanker fleet has been taken over by a new company formed by the bankrupt Danish fuel group's trustees.
  • Annual joy for TTA
    Bulker owner Thoresen Thai Agencies (TTA) has reported its best annual performance since 2009 as it returned to the black for the financial year 2014.
  • Smedegaard cashes in
    DFDS' top two executives have sold shares in the company worth $1.7m.
  • MES lines up bonds
    Japan's Mitsui Engineering & Shipbuilding (MES) is planning a sale of five and seven-year bonds.
  • Canal hands over $1bn
    The Panama Canal Authority (ACP) will pay more than $1bn in tax after a stronger financial year.
  • Clarksons hits target
    UK shipbroker Clarksons has gained approval for its merger with RS Platou from investors controlling 92.6% of the Norwegian shop's shares.
  • China Earth's illegal deposit
    China Earth Shipping has been fined AUD 20,000 ($17,170) over the illegal disposal of rubbish off Gladstone, Australia.
  • Australia bans MPP
    Australian authorities have banned an Indonesian multi-purpose vessel from entering or using any port in Australia for three months.
  • Seadrill down over 20%
    Seadrill's stock fell over 20% on Wednesday after the John Fredriksen-controlled drilling rig owner suspended its dividend.
  • SLNG seals bank funds
    Singapore LNG (SLNG) has secured a SGD 1.1bn ($850m) term loan facility as it looks to evolve into a commercial entity.
  • Perdana profit up 70%
    Perdana Petroleum is set for a strong end to the 2014 financial year after posting a bumper third quarter performance.

American Shipperweb site
NOVEMBER 27, 2014
  • Newsflash: Congestion charge confusion
  • India seeking private investment to fund port connectivity to rail network
  • U.S. steel imports spike in October
  • Commerce sets countervailing duties for Chinese tire imports
  • Europe looks into Austrian rail money
  • CMA CGM acquiring short sea carrier OPDR
  • Long Beach to store empties for $5 per day
  • Matson announces freight rate increases for Hawaii and Guam
  • Canada Post sees profit, USPS turns in loss
  • Executive moves

The Bunker Bulletinweb site
NOVEMBER 27, 2014
  • Fuel oil stocks at three month low
    Singapore onshore fuel oil stocks fell 7.4% week-on-week.
  • Lawyer: Senior staff had every opportunity to track Singapore events
    Lars Moller's lawyer dismisses OW's 'We knew nothing' claim.
  • OPEC leaves output unchanged
    Crude oil prices tumbling on Thursday.
  • Weather disrupts bunkering at Black Sea port
    Sources say barges fully booked 'til end of next week.
  • Crude falls in early trading
    Bunker prices in Singapore hub weaken for third day in a row.
  • Gas-fuelled fleet heads for the high seas
    Arbitrage opportunities await on transatlantic routes.
  • Ports report strong sales ahead of OW collapse
    Bunker deliveries in the US twin ports of Los Angeles and Long Beach grew in September.
  • No ban on open loop scrubbers in Sweden
    Situation has been complicated by potential conflict between the application of EU directive on clean water and the sulphur directive.
  • Neste Oil to introduce low sulphur bunker fuel
    Product will be distributed by bunkering vessel in the Helsinki region.
  • Indian oil trader enters Singapore market
    Company seeks to expand supplies in SEA and to Australia.
  • Bunker monitoring tool makes market debut
    System could be a lower cost alternative to mass flow meters, says developer.
  • Japanese dual-fuel engine design gets class approval
    Engine will be used by Japan's first LNG-fuelled tugboat, says ClassNK.
  • Frontline losses widen in Q3
    But expects to benefit from stricter ECA rules going forward.
  • EU outlines next steps over proposed MRV scheme
    The proposed regulation will enter into force on July 1, 2015 once formally adopted.

›››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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