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Independent journal on economy and transport policy
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BRIEFS
August 5, 2015
Sched Netweb site
  • US beef exporters cry foul of being shut out of lucrative China market
  • Container throughput slows down at southern California ports
  • Unilever uses Alibaba to reach into rural online China market
  • UASC emerges as front-runner to acquire loss-making NOL's fleet & 2.8pc market share
  • Hapag-Lloyd adds Halmstad, Sweden call to Sweden Denmark Express service
  • Pentalver opens new 5-acre container yard at DP World London Gateway
  • European Commission digs deeper into proposed buyout of TNT by FedEx
  • American truckers disappointed their recommendations ignored by Feds
  • PAI Partners sells air cargo handler Swissport to China's HNA July 30
  • Canada's busiest cargo airport to get busier with new freight terminal
  • Emergency gear maker may have lithium battery fire risk in the bag

Exim Indiaweb site
AUGUST 4, 2015
  • New Suez Canal seen further facilitating global trade
  • NYK hosts fleet safety promotion conference
  • Shipping to be affected by weak global trade growth: India Ratings
  • ZIM ranked 1st in schedule reliability on Asia-US East Coast trade
  • Govt may import 210 mt of coal to meet demand
  • Go-slow by RTG operators adversely impacts operations at GTI
  • JN Port's operating income, profit before tax up in Q1
  • Mumbai Port registers overall growth in cargo handling
  • SSC toppers & scholarship winners of JNPT schools felicitated
  • Govt to develop 15,000 km of National Highways at INR 1.9 cr.
  • Railways won't be privatised but private investment is welcome, says Minister
  • CESC lines up mega investment plan for renewable energy
  • Fieo welcomes retroactive introduction of GSP benefit by US
  • INR firms up further against dollar after RBI keeps repo rate steady
  • RBI keeps repo rate steady at 7.25 pc
  • Brics business forum to be held in Dubai next month

IHS Maritimeweb site
AUGUST 4, 2015
  • Norwegian Cruise Line Holdings reports strong quarter profits
    Norwegian Cruise Line Holdings (NCLH), the world's third largest cruise shipping company, has reported an increase in 2Q15 net profit on the previous year. The company also said it will base a ship of its mass market Norwegian Cruise Line in the Asia-Pacific region in the 2016-17 season. Group net
  • Precious upbeat despite quarterly loss
    Precious Shipping are maintaining a confident outlook despite increased second quarter losses. Net losses for 2Q15 for the Thai dry bulker rose to USD12.03 million against losses of USD1.62 million in same quarter last year. Average earnings per ship per day were sharply down at USD5,757 from
  • Viking Offshore profits up 94%
    Singapore-listed offshore services provider, Viking Offshore posted profits of SGD173 million (USD125.8 million), up 94% year-on-year for the second quarter this year as a result of higher revenue. Revenue surged 32% to SGD21.6 million in 2Q15 compared to SGD16.3 million in 2Q14, due to order book
  • MISC doubles profit in 2Q15
    Malaysia-listed shipowner, MISC has more than doubled its profit to MYR766.4 million (USD198.9 million) for the second quarter of 2015 from MYR319 million in 2Q14, as a result of improved freight rates in petroleum business. Revenue was up slightly by 2% to MYR2.6 billion in 2Q15 as compared to
  • Shanghai Salvage-led consortium seals Sewol job
    A consortium led by Chinese state-owned Shanghai Salvage signed a contract with the South Korean government on 4 August to hoist the capsized Sewol ferry. The contract signing follows two weeks of negotiations, after the consortium was chosen on 15 July as the preferred bidder following an open
  • Dry bulk sentiment and rates improve
    Spot freight rates for Capesize dry bulkers surged on 3 August and shipping analysts note the fundamentals of the sector were not as bad as the freight market had indicated in 1H15. "Capesize rates rose 9% yesterday and stand now at USD17,162/day. The BDI (Baltic Dry Index) has now risen by 95% to
  • Taiwanese liners expect better 3Q performance
    Taiwanese container carriers are expected to do better in the 3Q15 amid rebounding freight rates and decreasing bunker prices, local analysts said on 3 August. Rates for Asia-Europe services surged 177% week-on-week (w/w) from USD400/teu to USD1,109/teu last week, according InfoTimes, while rates
  • Product tanker catches fire off Shanghai
    A China Shipping Tanker-owned product tanker caught fire off Dayangshan Island, Shanghai, on 3 August, killing one crew member and injuring five others, announced the Shanghai Maritime Safety Administration. Ye Chi, ferrying 29,000 tonnes of diesel from Jinshan, Shanghai, to Singapore, was sailing
  • Sainty Marine likely to refund $129m of advance payments and interest
    Shenzhen-listed Sainty Marine estimated that it would have to refund CNY800 million (USD129 million) of advance payments and interest to shipowners in the worst-case scenario following the bankruptcy of its partner Nantong Mingde Heavy Industry (NMHI). The worst-case scenario would materialise if
  • Fujian Guohang raises $6.5m in private placement
    Chinese dry bulk carrier owner Fujian Guohang Ocean Shipping (Group) has raised CNY40 million (USD6.5 million) in a private placement to replenish its working capital. Fujian-based Lianjie Investment Group, which owned 2.5% of Fujian Guohang before the private placement, subscribed in June for 20
  • SapuraKencana forms JV to enter Brunei oil and gas industry
    Malaysia-listed offshore services provider SapuraKencana Petroleum has formed a joint-venture (JV) company to enter the oil and gas industry in Brunei. According to its filing to Bursa Malaysia, the shareholder agreement was signed by its wholly owned subsidiary SapuraKencana Brunei and
  • SBI Offshore invests $10.2m for 51% stake in solar power assets
    Singapore-listed offshore services provider SBI Offshore has invested SGD13.97 million (USD10.2 million) to obtain 51% stake in solar power assets from its German partner Gräss Group for business diversification. The proposed acquisition includes four revenue-generating solar photovoltaic power
  • CMHI raises $700m from bonds
    China Merchants Holdings (International) (CMHI) has raised USD700 million by selling bonds to support the development of its port business. CMHI issued USD700 million fixed-coupon guaranteed notes, consisting of two tranches including a 5-year tranche of USD200 million and a 10-year tranche of

The Loadstarweb site
AUGUST 4, 2015
  • Breaking the bottleneck: Egypt's president opens expanded Suez Canal this week
  • No end to trend as Asian imports switch from US west coast ports to the east
  • Dachser expands its Asia Pacific network as regional supply chains gain strength

Marine Logweb site
AUGUST 4, 2015
  • U.S. Coast Guard celebrates anniversary with stamp
  • Meyer Turku starts production of LNG fueled Tallink ferry
  • Navy crew moves aboard Gerald R. Ford (CVN 78)
  • Molasses settlement hits Matson earnings
  • Italian PM steps in to block Monfalcone prosecutor
  • Australia announces A$89.billion shipbuilding plan
  • BAE San Francisco wins $11.2 million T-AKE 14 contract
  • USCG updates policy guidance on casualty reporting
  • Damen gives French research vessel a new lease on life

World Wide Shipperweb site
AUGUST 4, 2015
  • US Coast Guard celebrates 225 years of operations
  • Federal Maritime Commission nets $1,227,500 in civil penalties
  • Boeing Defense, Space & Security taps Gena Lovett as Operations VP
  • Coast Guard conducting investigation of possible Willamette River collision
  • CMA CGM Group takes delivery of new Guyanamax container ship

Lloyd's Listweb site
AUGUST 4, 2015
  • Good timing for Ardmore as fleet renewal programme nears completion
    Company looking to increase dividends as last newbuildings hit the water later this year
  • Global Ship Lease 'milestone' as dividend payments start
    Update: Shipowner seeks more acquisitions after $54m sale and leaseback deal for OOCL Ningbo
  • SinOceanic signs for five 11,500 teu boxships
    HNA affiliate based in Norway returns to sister yard Jinhai Heavy Industry
  • Better rates on redeployed ships boost FSL profit
    Three additional tankers to take up new charters in second-half
  • FMC fines UASC and seven others
    Penalties totalling $1.2m levied for alleged Shipping Act violations
  • US blacklists Turkish shipowner in drive to cut Syrian energy supplies
    Panama-registered Milenyum Energy is accused of delivering gasoil and LPG to Syria
  • Institutions expect to fund German fleet growth, PwC finds
    Three out of four local owners planning to buy ships in year ahead, according to annual survey
  • MISC more than doubles net profit
    Higher rates for its crude tankers and new revenues from an FPSO boost result
  • China Shipping tanker catches fire near Shanghai
    Fire kills one seafarer and injures four
  • Danaos triples second-quarter earnings
    Results benefit from lower debt and ongoing winding up of expensive swaps
  • Navigator reports record second quarter
    Leader in handysize LPG carriers sees profits rise by one-third

The Journal of Commerceweb site
AUGUST 4, 2015
  • Unifor files lawsuit seeking Vancouver drayage wages
    Unifor, Canada's largest private sector union, has filed a lawsuit to force Vancouver drayage firms to pay back wages to drivers that were part of a 2014 agreement to end a month-long strike at Port Metro Vancouver. Unifor, which represents around 400 of the port's 1,450 drayage drivers, claims that Container...
  • Global logistics M&A spend skyrockets as cross-border deals heat up
    XPO Logistics' $3.5 billion acquisition of Norbert Dentressangle was one of the mega-deals of the second quarter. Major logistics and transportation mergers and acquisitions not only increased in number in the second quarter, they rocketed in value, as companies crossed oceans and borders to buy businesses that would open new markets...
  • CMA CGM adds reefer capacity to Europe-Caribbean lane
    CMA CGM MarseilleCMA CGM plans to deploy three 2,100 twenty-foot-equivalent unit container ships with heavy refrigerated capacity on the North Europe-Caribbean trade lane to handle forecasted rising demand. The French carrier's reception of the three Guyanamax ships, each with roughly 530 TEUs of reefer capacity, comes as carriers fight for market...
  • FMC fines six companies $1.2 million
    WASHINGTON - The U.S. Federal Maritime Commission has collected $1.2 million in civil penalties from six companies for alleged Shipping Act violations, the agency announced Tuesday. Agreements were reached with seven non-vessel-operating common carriers and one vessel-operating common carrier. As is often the case, the parties agreed to penalties but did...
  • Butler announces retirement from NS
    In the latest leadership change at Norfolk Southern Corporation, the company announced Tuesday that Deborah Butler, chief information officer and executive vice president of planning, will be retiring October 1. Butler has spent the past 37 years with the Norfolk, Virginia-based business, parent company to Norfolk Southern Railway. She joined NS...
  • Expanded Suez Canal promises shippers more efficiency, lower costs
    Suez Canal. Credit: jgmorardEgyptian armed forces are on high alert ahead of the ceremony to open the $8 billion, 44.7 mile extension to the Suez Canal on August 6, which will for the first time allow two-way traffic on the canal, creating economic benefits for both international shippers and the...
  • USA Truck plans truckload capacity cut to bolster profits
    By cutting 800 high-cost tractors from its fleet this year, USA Truck hopes to make more money with less capacity. The truckload carrier will replace only half of the older tractors it plans to retire, the company said. The result will be a smaller but more efficient, younger fleet of...
  • Beef. It's what's driving Itapoa's double-digit gains
    Port ItapoaPort Itapoa is expecting an 11 percent jump in container traffic this year, thanks to robust chicken and beef exports to China, new services and better road connections. The container terminal marked its 1 millionth container move after opening slightly more than four years ago. Container throughput Port Itapoa -...
  • Inadequate Mediterranean access threatens Suez project
    The Suez CanalEgypt should deliver on a commitment to dredge a new Mediterranean access channel to the Suez Canal as soon as possible or it risks derailing the goals of its ambitious Suez-centered development plans. Speaking ahead of the Aug. 6 opening of an extension to the canal that will facilitate...
  • Court rejects new bid to kill Jones Act cabotage
    Port of HonoluluHawaiian shippers frustrated with high freight rates had their hopes for change dashed last week after a U.S. federal court rejected their bid to strike cabotage provisions from the U.S. Merchant Marine Act. The 9th Circuit Court of Appeals ruled Thursday that the six Hawaiian shippers who filed suit...
  • Strong overseas revenue lifts Nippon Express' profit
    Nippon Express Co., Japan's largest international freight forwarder, saw its group net profit soar in the first quarter of fiscal 2015 on the back of robust international revenue growth driven by the weak yen and increased air cargo traffic. The Tokyo-based company posted a net profit of 8.199 billion yen ($66.1 million)...
  • Maersk reefer exec sees slow-steaming staying, GPS track growing
    As the world's largest container carrier - and reefer carrier, too, with a fleet of 230,000 refrigerated containers - Maersk Line is well-versed in the details of shipping temperature-controlled cargoes. William "Bill" Duggan, vice president of North American refrigerated services, recently shared his thoughts on key challenges and opportunities confronting...
  • Paltry trans-Pacific eastbound rates could hit triple-digits
    Gary FerrulliA year ago, we were watching the beginning of what turned out to be a nine-month debacle between the International Longshore and Warehouse Union and the Pacific Maritime Association. The hope was that the early start of discussions in April would increase the chances of success by late July....
  • DSV boosts Q2 profit on strong air, ocean performance
    LONDON - Danish trucker and freight forwarder DSV posted a better-than-expected increase in second-quarter earnings, driven by sharply higher air and ocean container profits, leading it to upgrade its full-year earnings forecast. Operating profit before special items grew to 809 million Danish crowns ($119 million) from 701 million crowns in the...
  • Jhippers gain new containerized rail route linking China to Central Asia
    Shippers moving containerized cargo between China and Central Europe and Central Asia can soon tap a new transport corridor connecting China, Kazakhstan and Azerbaijan via rail and a new seaport in the Azeri capital of Baku. The rail route, launched by the governments of China, Kazakhstan and Azerbaijan, is the latest...
  • Westbound trans-Atlantic trade transformed from sleepy to dynamic
    At a time when east-west container shipping trades are being pummeled by what Drewry Maritime Research calls a toxic mix of overcapacity, weak demand and aggressive pricing, the trans-Atlantic is standing out as a lone, and surprising, stalwart. Driven by a combination of the euro's slide against the dollar and strengthening...
  • Gateway Distriparks Ltd. rapidly expanding on India's southeastern coast
    The port-based logistics provider said it has acquired 48 acres adjacent to the Krishnapatnam port, near Chennai, for the construction of a new container freight station a month after the company kicked off a plan to build an inland container depot center at Viramgam, near Ahmedabad in Gujarat State. "Krishnapatnam is...
  • Danaos Q2 earnings soar on lower financing costs
    LONDON - Greek container ship-owner Danaos more than doubled second-quarter earnings as it continued to cut financing costs and increased its charter revenue. The NYSE-listed company booked net income of $38.1 million in the three months through June 30 compared with $16.6 million in the year-earlier period. Adjusted net income more than...
  • Reefer cargo helps propel Hueneme to record-breaking fiscal year
    For most ports on the U.S. West Coast, late 2014 and early 2015 was a year of seemingly-unending congestion and slumping cargo traffic. Not so at California's Port of Hueneme, which just reported its highest cargo year in its 78-year history. According to Hueneme port officials, total tonnage for the fiscal...

TradeWindsweb site
AUGUST 4, 2015
  • Ardmore target raised
    JP Morgan hiked its price target for shares of Ardmore Shipping after the New York-listed products tanker owner revealed plans to boost its payout to shareholders.
  • Golar invests in spinoff
    Golar LNG Ltd has unveiled plans to spend up to $25m to buy shares of its master limited partnership (MLP) spin-off.
  • Cape rate rises 10%
    Capesize bulker rates increased by more than 10% in one day, lifting the Baltic Dry Index (BDI) to the highest level since 27 November.
  • SinOceanic takes five
    SinOceanic Shipping of Norway has inked a $435m newbuilding order.
  • Polarcus picks up work
    Dubai's Polarcus has clinched a new seismic survey contract as it builds its portfolio back up.
  • GSL in dividend debut
    Boxship owner Global Ship Lease (GSL) has declared its first dividend ever following a strong performance in the second quarter.
  • Noble guns down rumours
    Trader says bond issue talk is malicious and aimed aty driving down its shares.
  • UASC pays US fine
    Middle East line UASC has agreed to pay a penalty to a US regulator a little over a month since being praised by the same watchdog.
  • Twin deaths revealed
    Alcohol played a part in the deaths of a UK workboat master and mate in two separate accidents five months apart.
  • OSG's new faces
    IPO-bound US tanker owner adds three new members from investment firms to its board.
  • NCL stronger
    Cruiseship owner follows in footsteps of its rivals and posts higher profit in Q2.
  • Ardmore set for dividend hike
    Anthony Gurnee says board is mulling a payout increase after owner books strong second quarter.
  • Crew given all-clear
    A quarantine order has been lifted from an Italian tanker on which the cook died of an infectious disease.
  • FSL profit takes flight
    First Ship Lease Trust recorded a 500% rise in second quarter profit as a strong tanker market helped it to a fifth successive quarter in the black.
  • Mazumdar swaps flags
    The head of the ailing UK Ship Register (UKSR) is leaving after four years to run the St Kitts & Nevis International Ship Register (SKANReg) as CEO.
  • Maersk eager for Suez bypass
    Egypt may announce fresh plans to upgrade the Suez canal this week, hard on the heels of the waterway's recently completed $8.5bn expansion that will be formally launched on Thursday, a local shipping executive said.
  • Fain sells Royal Caribbean slice
    Royal Caribbean chief executive Richard Fain has sold off shares worth over $13m in the shipowner.
  • Commerzbank losses "low"
    German lender Commerzbank says loan-loss provisions are running at low levels as it continues to reduce its shipping exposure.
  • Low demand hits NAO
    New York-listed offshore owner posts small loss on lower revenue for the second quarter.
  • Korean boost for WW ASA?
    A four-year high in South Korean car exports is likely to drive a strong second quarter showing for Oslo-listed Wilh Wilhelmsen ASA, analysts say.
  • TNG snaps up resale
    Croatia's Tankerska Next Generation (TNG) has added a sixth vessel to its growing fleet by taking over another contract at SPP Shipbuilding in Korea.
  • Body found after ferry fire
    The body of a missing crewman has been found following a fire on an MOL-managed ferry off Japan.
  • MISC makes more
    Malaysian owner MISC has logged stronger second quarter profit as clean tanker rates improved.
  • EGAS win for BW
    Andreas Sohmen-Pao's BW Group has confirmed it has won a contract for Egypt's second FSRU project.
  • Hedland on a roll
    Australia's Port Hedland has seen iron ore exports expanded to an all-time high for the third month in a row, data from Pilbara Ports Authority shows.
  • Navigator ups profits
    New York-listed Navigator Holdings had a healthy second quarter for its 2015 financial year with net income climbing 33.8% over the same quarter in 2014 to $26.3m.

American Shipperweb site
AUGUST 4, 2015
  • CMA CGM to up capacity 18% on NEFGUI loop
  • FAA slaps shippers with hazmat penalties
  • Container rates rebound across Asia trade routes

The Bunker Bulletinweb site
AUGUST 4, 2015
  • 'Engine problem' forces new cruise ship out of commission
    Viking Star has been operational for just four months.
  • Meyer Turku begins building LNG-powered fast ferry
    Vessel slated for early 2017 delivery.
  • Novorossiysk: MGO values move closer to regional hubs
    Having been out on a limb over July.
  • More details of 'third option' for ECA compliance
    US-based Triton to update the industry with new data in the near future.
  • Box trade buoyant for K Line
    Tanker operations have also held up well.
  • Croatian owner takes eco option
    Resale move brings fleet to six.
  • Bunker prices at six-year low
    Prices slide in Singapore.
  • Smaller ports 'face bleak prospects'
    Handling the new generation of container ships will be a struggle.
  • Box trade bouyant for K Line
    Tanker operations have also held up well.
  • Profit up for NYK
    Bottom line boosted by cutting fuel use.
  • China's problems cast shadow over shipping sector
    Drewry revises down its forecast for container traffic moving through Chinese ports.
  • Panama bunker sales volume up
    Region sold 310,000 mt of marine fuel in May.
  • AC Oil enters Singapore bunkering market
    Company will be able to supply up to 3,000 mt of MGO per month when fully operational, spokesperson tells Platts Bunkerworld.
  • Fuel storage facility planned for Australian port
    Land acquisition in progress.
  • IBIA office returns to London
    'It's great to be back in the city', says Chief Executive.
  • Singapore: Arrested vessel released after bunker bill payment
    Staroil Energy claims over $1 million in defaulted bill payments, court records show.

›››File
FROM THE HOME PAGE
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.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
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
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
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