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Independent journal on economy and transport policy
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BRIEFS
April 30, 2014
Sched Netweb site
  • Hutchison HPH Trust profit up 19pc to US$98,208 as revenue rises 3pc
  • CIMC quarterly profit off 51pc to US$13.8 million, but sales up 3pc
  • DP World's quarterly box volumes rise 9pc on extra terminal capacity
  • Damaged HK ship given port of refuge in Korea after 100 days at sea
  • Hong Kong ferry deaths report on hold pending criminal inquiries
  • Project cargo fraud leads to IMB warning to expect more to come
  • Fujian to spend US$57.6 billion on infrastructure over 5 years
  • New York Waterfront Commission says hiring veterans too slow
  • CN quarterly profit up 12pc to US$564 million, revenue up 9pc
  • French minister wants foreign trucks confined to toll roads to pay taxes
  • China growth slows, but soars against developed western economies
  • Virgin Atlantic Cargo revenue falls 3.4pc on 5pc more tonnage
  • Newark airport's cargo drops 13pc as more China exports go to sea
  • Amsterdam Schiphol quarterly air cargo up 7.3pc to 392,990 tonnes

Exim Indiaweb site
APRIL 29, 2014
  • AN ASSORTMENT OF FORTHRIGHT VIEWS, OPINIONS & SUGGESTIONS
  • ECU-LINE expands its presence in Philippines, announces the opening of office in Davao city
  • GAIL (I) to hire fleet for LNG imports from US
  • MANSA holds 13th Champions Trophy Cricket Tournament
  • SRI welcomes MLC amendments to provide greater security for crew
  • Varun Shipping to discontinue offshore businesses
  • Cashew exports on a record high
  • Hong Kong Spring Fair to enhance exports
  • Indo-South African trade grew 31 pc in FY14
  • Textile exports fare well in FY14
  • Power shut down at JNPT to briefly impact services
  • Govt may not impose anti-dumping duty on solar equipment imports
  • INR rises smartly on heavy dollar selling
  • JSPL commissions $ 800-m steel plant in Oman
  • Fieo (WR) holds interactive session with Revenue Secy

International Transport Journalweb site
  • Port of Dunkirk issues invitation to submit expression of...
  • Eurotunnel plans to develop cross-Channel railfreight
  • DB Schenker Rail UK transports goods for Malcolm
  • New head of retail and lifestyle appointed
  • TIP to invest in 900 new trailers
  • Turkish Cargo stepping up service to Tripoli and Benghazi
  • New boss for Nuremberg branch office
  • Profitable first quarter for Panalpina
  • Russia makes progress in opening up northern sea route
  • Navistar increasing truck production
  • More Europe with Air Canada Cargo
  • Geis eingespannt
  • März mit grossen Neuerungen
  • Swiss entrusts pilot training to new hands
  • Drewry: MSC highlights panamax surplus problem
  • Dependency on Asia-led growth continues

Marine Logweb site
APRIL 29, 2014
  • Korean Register chief resigns
  • Pirates flee captured dhow
  • Vard: profits dip, but orders soar

World Wide Shipperweb site
APRIL 29, 2014
  • Port association rep. tells House grant program should stay federal
  • Floating docks set for installation at Port of Port Angeles Boat Haven
  • Merchants Exchange of Portland calling for scholarship applications
  • Port Metro Vancouver predicts strong 2014 cruise season
  • Tacoma Propeller Club names scholarship winners for 2014

Lloyd's Listweb site
APRIL 29, 2014
  • Only half the US' planned LNG export projects will launch, predicts expert
    Shipowners can expect disappointment as cargoes fail to live up to the hype
  • Milaha reports a slight increase in net profit as VLGC earnings rise
    Extraordinary LPG rate growth boosts Qatar-based shipping company's results
  • Liner shipping alliances will stabilise freight rates, says Seaspan's Wang
    UPDATE: operating earnings steady despite one-off financial writedowns
  • DFDS to axe North Sea route ahead of SOx deadline
    Company warns customers of new surcharge as it switches to low-sulphur fuels
  • Nordea cuts shipping loss provisions
    First-quarter results show improving trend
  • Navios Partners eyes more containerships
    Frangou-led bulker partnership hints it could spend insurance windfall on big boxships
  • Six players register interest in a majority stake in Piraeus
    Privatisation of Greece's largest port authority draws Cosco, APM, Ports America and ICTSI
  • INTTRA adds freight rate visibility through Catapult partnership
    Solution allows shippers to view agreements while booking
  • CSICL reports 17% fall in first-quarter profit
    Flagship unit of Chinese state giant encounters lower revenues and subsidies
  • Cash-strapped Hanjin Shipping Co will be spun off from its holding firm
    Restructuring moves South Korean box line closer to Hanjin Group's direct control
  • Boxship charter-owners make a comeback
    Clarksons estimates that tonnage providers account for 60% of orderbook
  • NordLB loan loss provisions top $1bn
    No recovery now and 'first signs' only in 2015, says chairman Dunkel
  • Avance Gas moves into profit in the first quarter
    US liquefied petroleum gas exports create record VLGC rates - although a dip looms
  • UASC hopes to use LNG to fuel ships within three years of delivery
    Carrier reveals targets for roll-out of liquefied natural gas power
  • Middle East petrochemical shippers face equipment shortage
    Conference hears that container imbalance has worsened in the last three months
  • Shipping line alliances 'are start of collaboration trend'
    Lines will work increasingly closely to secure sustainable profitability, says UASC chief
  • Vard orderbook hits a five-year high
    Offshore builder has orders worth $3.6bn
  • Dorian initiates US offering
    LPG carrier's downsized IPO will help fund 19 newbuildings at HHI and Daewoo
  • Korean Register chairman Chon resigns in wake of Sewol disaster
    Gesture of sympathy for victims and families does not suggest any wrongdoing by KR, says class society

Fairplayweb site
APRIL 29, 2014
  • ZPMC plans S Korea joint venture
    Zhenhua Heavy Industries (ZPMC) plans to set up a $700,000 joint venture in South Korea to develop its international network
  • Avance Gas upbeat after strong first quarter
    Avance Gas Holding says it expects the freight market to remain strong in the current quarter although at rates below the recent all-time highs as US exports continue to support the business
  • Nord LB racks up huge shipping loss
    German state bank Nord LB - the country's second-largest shipping lender - was hit by a massive loss in its ship financing division amidst increased risk and restructuring costs
  • Six suitors for Piraeus
    Six investors have expressed interest in a 67% stake in the Piraeus Port Authority, according to an announcement made by Greece's public assets sell-off agency HRADF yesterday
  • COSCOL cut losses in first quarter
    COSCO Shipping (COSCOL), a special cargo carrier unit of Cosco Group, today said its losses fell by 71% year-on-year to CNY13.1M ($2.1M) in the first quarter of 2014, due to improved freight rates and investment gains
  • Drug shipments to Australia up
    Shipping is still the favoured transportation for illicit drugs, with crystal methyl amphetamine becoming the new drug of choice, second only to cannabis, according to a new report released by Australian Crime Commission
  • Hanjin Group CEO takes reins at Hanjin Shipping
    Hanjin Group's CEO is taking over the leadership of Hanjin Shipping Co as part of the latter's ongoing financial restructuring
  • President Park issues Sewol apology
    South Korean president Park Geun Hye apologised today over the Sewol ferry disaster, blaming her government's failure to combat systemic and regulatory "evils"
  • VARD's first-quarter profit halved
    Singapore-listed Norwegian offshore vessel builder VARD Holdings suffered a 52.8% year-on-year drop in its first-quarter 2014 profit, which totalled NOK85M ($14.1M)

The Journal of Commerceweb site
APRIL 29, 2014
  • WRDA Ho! US Port Authorization Bill Passage in Sight
    WASHINGTON - Long-delayed U.S. federal legislation key to authorizing major port projects hasn't yet arrived in harbor, but the bow is in sight. Congress will complete final work on water resources development legislation over the next two weeks, hold a final vote and then send it to President Barack Obama for...
  • Drewry: East-West Air Freight Rates End Slide
    Drewry East-West Air Freight Price Index rose 6.1 percent year-over-year in March. Full-size image In March, the East-West Air Freight Price Index, as reported by Drewry, rose 6.1 percent year-over-year and 6.8 percent from February, following three consecutive months of year-over-year and month-to-month declines. The index is based on the average of all-in...
  • Supply Chain: The Next Generation
    Five ways the technology of tomorrow is shaping business today Con-way Multimodal launches a Twitter application called Tweet-load to match carriers with available freight, while a Dutch designer conceptualizes the world's first intelligent highway equipped with groundbreaking technology that allows electric cars to charge in motion. 3D printing technology for prototyping and...
  • OOCL Earnings Point to Higher Rates, Stronger Demand
    Shippers look set to face rising freight rates on the Asia-Europe trade in the second quarter as improving demand allows container lines to stand firm on planned general rate increases (GRIs). Several carriers announced GRIs at the beginning of April, and a host of rate hikes are planned for May and...
  • Echo Sees Billion-Dollar Year Ahead as Truckload Demand Rises
    A surge in business during the first quarter carried over into April at Echo Global Logistics, as shippers turned to the third-party logistics provider for trucks. Revenue was up 27 percent year-over-year in the first weeks of April, following a 21.4 percent jump in revenue the first quarter, Echo CEO Doug...
  • TNT Express Revenue, Profit Fall
    TNT Express posted lower revenue and operating income in the first quarter on a mix of adverse currency movements, the sale of its domestic Chinese business and the pruning of unprofitable contracts. The Dutch global logistics group's revenue shrunk 6.6 percent to €1.6 billion ($2.2 billion) from €1.72 billion ($2.4 billion)...
  • Stronger Global Trade Drives Growth in DP World's Traffic
    Stronger global trade growth and new capacity in the United Kingdom and Brazil boosted DP World's traffic by 11.6 percent in the first quarter. The company did sound a note of caution regarding the economic environment, however. The London-listed group handled 14.2 million 20-foot-equivalent units, compared with 12.8 million TEUs in...
  • US Intermodal Growth May Slow This Year
    Some shippers this winter couldn't deal with tightening truck capacity by shifting loads to intermodal trains even if they wanted to. Intermodal service delays, caused by the severe weather and an uptick in freight demand, forced some railroads to turn away cargo. In a case of supply chain reverse engineering, poor...
  • TPM 2014 Sponsored Video: China Merchant Holdings International
    Dr. David Deng, China Merchants Holdings Intl. deputy general manager, on the challenge that carrier alliances bring to terminal operators and CMHI's recent projects supporting developing economies in new regions....
  • Capacity Squeeze May Spark Supply Chain Changes
    One way to measure trucking demand is by looking not at how much freight a trucking company can haul, but at how much freight it turns away. In the first quarter, U.S. Xpress Enterprises, North America's sixth-largest truckload carrier, turned down as many as 1,200 loads a day tendered by shippers...

TradeWindsweb site
APRIL 29, 2014
  • Canaccord's Coup
    A leading investment bank appears to have completed the second phase of a campaign aimed at cashing in on the rising tide of shipowners that are looking to tap the capital markets.
  • LNG carrier reactivated
    Exmar has secured employment for an LNG carrier that has been sitting idle since December.
  • Exmar upbeat
    Exmar turned in a first-quarter profit Tuesday and is upbeat about its prospects in the months ahead thanks in part to rising demand for very large gas carriers (VLGCs).
  • Spring cleaning
    Belgian gas-carrier operator Exmar appears to have picked up the pace of a campaign to shed ageing tonnage.
  • Solstad wins in Brazil
    Solstad Offshore is switching an anchor handling tug supply vessel from the North Sea market to Brazil.
  • Neste takes a stake
    Finnish oil and shipping group Neste has formed a new joint venture to manage the tanker assets it has sold to the state and pension fund Ilmarinen.
  • Concordia spot on
    Concordia Maritime has made a successful start to life under Kim Ullman's leadership with a sharp rise in quarterly profit.
  • CSDC back in black
    China Shipping Development Co (CSDC) returned to the black in the first quarter of the year as volumes and rates recovered.
  • Insurance boost for NMM
    Greece's Navios Maritime Partners (NMM) is expecting to bank more than $100m from the scrapping of a charter default insurance policy.
  • Nord/LB boosts provisions
    Norddeutsche Landesbank (Nord/LB) made a healthy profit in 2013 despite increasing loan loss provisions again as the shipping downturn entered its sixth year.
  • Cosco sees red ink return
    China Cosco has made an immediate return to the red after surviving a third successive annual loss which would have seen it ejected from the Shanghai Stock Exchange.
  • DFDS chops route
    Danish ro-ro group DFDS is closing its Esbjerg to Harwich route due to the costs of new sulphur emission rules.
  • CSCL returns to profit
    Chinese container line CSCL has been pushed back into profit in the first quarter by asset sales.
  • NAO deal aids Ulstein
    Nordic American Offshore's purchase of a platform supply vessel (PSV) fleet and a strong showing from its ship design division have helped jack up annual profit at Norway's Ulstein Group.
  • Sprint finished
    A spectacular rise in LPG rates was finally halted yesterday with talk now turning to how far they will come back down from record highs.
  • Cement carrier grounds
    A KG Jebsen cement carrier has run around off Sweden after suffering power failure.
  • NCL earnings soar
    Norwegian Cruise Line (NCL) has reported a much improved bottom line after upgrading its fleet with a pair of larger vessels.
  • Cho eyes Hanjin revival
    Cho Yang-ho, the new CEO of Korea's Hanjin Shipping, has vowed to transform its loss-making operations.
  • Norden takes Top MR
    Greece's Top Ships has fixed the last of its Hyundai Mipo MR newbuildings to Denmark's Norden.
  • Exxon turns on PNG taps
    ExxonMobil has kick-started production at its new LNG plant in Papua New Guinea ahead of schedule.
  • CSSC profit slides
    State shipbuilding group China CSSC has posted a 59.5% drop in net earnings for the first quarter.
  • Milaha edges up
    Qatar Navigation (Milaha) has booked a slight rise in first quarter earnings.
  • Shipping better at Nordea
    Nordea has recorded a rise in first quarter profit helped by a stronger showing from its shipping division.
  • Seaspan earnings held back
    New York-listed containership owner Seaspan Corporation has seen first quarter net profit cut by a revaluation of financial instruments.
  • Avance a hit in Q1
    Avance Gas cruised past market expectations for the first quarter in which shareholders have been handed a strong dividend.
  • Ananda under scrutiny
    Bangladesh is probing alleged fraud at Ananda Shipyard & Slipways.
  • Saga eyes IPO
    UK cruiseship and insurance group Saga is plotting a London IPO that could value it at £3bn ($5.1bn).
  • Dauelsberg in dark
    German owner Herm. Dauelsberg has revealed the whistleblowers who cost it $1.25m in fines never told the company about oil-waste dumping off the US.
  • LDC boss to step down
    The chief executive of Louis Dreyfus Commodities (LDC) is resigning after less than twelve months in charge.
  • Sewol claims KR CEO
    Korean Register (KR) has confirmed that chairman and chief executive Dr Chon Young-kee has resigned with immediate effect.
  • Higher margins lift WOM
    Wintermar Offshore Marine has reported a 30% jump in first quarter profit as it continues to focus on growing its owned vessel segment.
  • CGG back for more
    CGG is looking to raid the bond market for the second time in as many weeks as it looks to refinance more debt.
  • Vard Q1 profit dives
    Vard Holdings has made a disappointing start to the new financial year with a 53% decline in first quarter profit.

American Shipperweb site
APRIL 29, 2014
  • Air, ocean volumes up for Panalpina in 1Q
  • Delaware looks for air cargo project developer
    Delaware officials have issued an Air Cargo Ramp project request for proposal, which would provide parking space for up to four loaded Boeing 747s at Dover Air Force Base.
  • BNSF: Emergency service orders won't help shippers
    BNSF officials say they have "fallen short on executing from a service perspective," but that emergency service orders or other edicts from the Surface Transportation Board would hurt the railroad's ability to improve customer service.
  • TCI Plastics to build at New Orleans port
  • Chinese firms added to BIS Entity List
    The U.S. Commerce Department has added eight Chinese companies and one Chinese individual to its Entity List for their roles in supplying Iran's ballistic missile program through the Chinese proliferator Li Fangwei, or "Karl Lee."
  • CaroTrans offers new U.S.-France service
  • Port Everglades adjusts gate hours for perishables
  • Ecu-Line expands in Philippines
  • Washington Notebook: EPA honors 10 SmartWay Affiliate members
  • Trucker protest causes minor disruption at SoCal ports
  • INTTRA and Catapult announce partnership
    INTTRA announced Tuesday a strategic agreement with Catapult International to sell integrated rate and contract management capabilities to freight forwarders, shippers and carriers that use INTTRA's global e-shipping solutions.

The Bunker Bulletinweb site
APRIL 29, 2014
  • Total Marine Fuels expands Singapore office
    Hires Lee Min-Souk as operations executive.
  • Markets lack direction
    Tight avails for LS product at Rotterdam.
  • Key Middle East market remains soft
    Avails still tight in Fujairah.
  • AkzoNobel breaks new ground with carbon credits scheme
    Carbon credit scheme developed to promote Intersleek marine coating.
  • Shipping companies need 'procurement model' for LNG
    Purchasing LNG will be a 'quite different process', says UASC.
  • DFDS confirms ECA-related route closure
    Route consolidation is one of the company's three coping strategies.
  • Barge price launched for 500 RMK bunker fuel
    The heavier grade of fuel oil said to dominate sales in the ARA region.
  • Fire breaks out on bunker tanker
    Engine room and bridge were destroyed.
  • Gunvor clinches new credit facility
    Company's co-founder has been placed on US sanctions list.
  • Asian markets soften
    Meanwhile, Tokyo Bay remains closed for a holiday.
  • Cruise line reports four-fold increase in earnings
    Norwegian Cruise Line sees fall in bunker costs.
  • FOBAS sees little evidence of worsening fuel quality
    Off-specs trends in 2013 'much the same as in previous years' and cat fines seen improving.
  • Quarterly profits soar for Scorpio Tankers
    Company is in the process of renewing its fleet.
  • Seaspan sees lower earnings in Q1
    Firm's revenue marginally increased by 1.9% on year in Q1.
  • Russian Navy in plans to buy more bunker tankers
    Building of vessels is underway.
  • Q1 profits down for Alfa Laval
    Firm reports 'several orders' for its scrubber system.
  • Hong Kong bunker supplier given ISO certification
    Certified for procurement and delivery of marine fuel, Managing Director tells Bunkerworld.

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