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Independent journal on economy and transport policy
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BRIEFS
August 6, 2015
Sched Netweb site
  • CMA CGM upgrades southern Caribbean loop with newbuild as market dictates
  • New rail service to help boost throughput at Santos' Embraport in Brazil
  • 9,962-TEU wide beamed Jenny Box joins Maersk's China-India service
  • Singapore's NOL seen as sales target because of its young fleet
  • MOL posts quarterly loss to US$41 million as revenues fall 12pc
  • APL posts US$10.9 million net loss, sales fall 22pc to $1.32 billion
  • CMA CGM to resume service to Iran following nuclear deal with west
  • Danish freight forwarder DSV profit increases 10pc as revenue rises 45pc
  • Hong Kong 3rd runway finally gets green light, but travellers to foot part of bill
  • Cathay gets in early before Rickenbacker opens cargo terminal in 2016
  • Air China seeks US$1.93 billion in private placement to buy 15 big jets

Exim Indiaweb site
AUGUST 5, 2015
  • India defers taking delivery of LNG cargoes from Qatar; demands rate cut
  • Jochen Thewes appointed CEO of Schenker AG
  • Renewal of GSP by US to help Indian exporters
  • Adani Hazira Port now connected by rail to Central India
  • CoPT mulling building northern berth island
  • KPCT & MCCI hold business interaction in Chennai
  • Port of Rotterdam throughput grows in H1; to continue focus on potential segments
  • Truck rentals may fall by 5 pc this month
  • Ex-im trade to have benefit of single window clearance system soon
  • India imports 75 pc of steel from China, Korea & Japan in Q1
  • INR turns weak on fresh dollar demand
  • Manufacturing sector grows at fastest pace in six months in July

IHS Maritimeweb site
AUGUST 5, 2015
  • Teekay buys Principal's Suezmax feet
    Teekay Tankers has emerged as the winning bidder for Principal Maritime's Suezmax fleet, ending months of speculation. NYSE-listed Teekay Tankers will pay USD662 million in cash and shares for 12 Suezmaxes built in 2005-13: the Princimar Courage, Princimar Pride, Princimar Integrity, Princimar
  • BW Group wins FSRU contract with Egyptian company
    BW Group has won a contract to use a floating storage and regasification unit (FSRU) to regasify LNG for the Egyptian Natural Gas Holding Company (EGAS). The Singapore-based company said the FSRU BW Singapore, which it ordered from Samsung Heavy Industries for USD260 million in April, would be used
  • Port of Yokohama's cargo traffic drops in May
    Port of Yokohama's cargo traffic slipped 4.5% year on year to 9.293 million tonnes in May due to a plunge in domestic trade. While the Japanese port's foreign trade crept up 1.3% year on year to 6.185 million tonnes in May, its domestic trade slumped 14.3% to 3.108 million tonnes, according to
  • Inchcape chief Hyldager quits
    Captain Claus Hyldager, chief executive of Inchape Shipping Services (ISS) for the last nine years, is unexpectedly leaving his post. The maritime services group said Captain Hyldager decided to step down yesterday (4 August) without any explanation. Inchape told IHS Maritime it would not be
  • Bourbon lays up 26 supply vessels
    French offshore vessel operator Bourbon has taken 26 supply vessels out of service amid the continuing slump in offshore oil and gas activity. More lay-ups could follow and Bourbon will continue to "stack" vessels without any prospect of activity for three months or more, said the company. The
  • Dry bulk scrapping faces 'perfect storm'
    Bulker demolitions are poised to dwindle amid a "perfect storm" of cheap steel, improved freight rates, and monsoon weather, says Khalid Hashim, managing director of Thailand-based dry-bulker Precious Shipping. Hashim told IHS Maritime that scrapping, which has benefited the Cape sector in
  • FSL Trust posts five-fold profit rise
    FSL Trust Management (FSLTM) posted a profit of USD6.15 million for the second quarter ended 30 June 2015, up 516% year on year on higher revenue. The Singapore-listed shipowner's second-quarter revenue climbed 19.9% to USD27.5 million through its strategic deployment of redelivered vessels and
  • Samsun Logix restructuring proceedings get under way
    Seoul Central District Court ruled on 3 August to start rehabilitation proceedings for Korean shipping company Samsun Logix. Hur Hyun-Chul, a former Samsun Logix CEO, has been appointed as the company's custodian as it tries to work out its debts, largely to Korea Line Corporation (KLC). In a
  • POSH profits tumble 49%
    PACC Offshore Services Holding (POSH) posted a 49% year-on-year slide in profit to USD6.1 million for the second quarter of 2015, despite increasing its revenue. The Singapore-listed offshore services provider's second-quarter revenue climbed 22% to USD71 million. POSH's revenue gain was mainly
  • Hutchinson faces two-pronged industrial unrest
    Hutchinson Ports Holdings (HPH) is embroiled in industrial unrest on two fronts over plans to slash its workforce and cut costs. The Hong Kong-based global operator was encouraged by the Australian government to get a foothold in Brisbane and Sydney container terminals in 2012 to end a 'duopoly' of
  • Yangzijiang profit drops 17%
    Singapore-listed shipbuilder Yangzijiang Shipbuilding Holdings' profit for the second quarter of 2015 shrank 17% on a year ago despite higher revenue contribution for the period. The company recorded CNY5.7 million (USD0.9 million) in revenue for second-quarter 2015, up 34% on a year ago, mainly
  • Sainty Marine appoints new chairman
    Shenzhen-listed Sainty Marine on 3 August announced the appointment of Zhang Shunfu as its chairman. Zhang, 53, is also the chairman of Sainty International Group, chairman and general manager of Sainty Metals & Minerals Company, as well as the general manager of China National Nonferrous Metals
  • Swiber bags $80m Latin American job
    Singapore-listed offshore services provider Swiber Holdings has clinched a USD80 million pipeline contract for a Latin American-based global energy company. According to the company's filing to the Singapore Exchange, Swiber will provide installation of monobuoys, pipeline-end manifolds, and a
  • OOIL sells and leases back three 8,063 teu container ships
    Orient Overseas (International) (OOIL), the parent company of Orient Overseas Container Line (OOCL), has sold and leased back three 8,063 teu container ships to raise a total of USD157.6 million. The three vessels, identified as 2004-built OOCL Ningbo, 2005-built OOCL Tianjin, and 2004-built OOCL

The Loadstarweb site
AUGUST 5, 2015
  • IAG inks new air cargo deal with Qatar as Lufthansa switches freight pricing plan
  • Shipping lines now focus on the battle to raise rates on some other troubled routes
  • Can Egypt afford Suez route canal work? Industry and logistics may pay the bills

Marine Logweb site
AUGUST 5, 2015
  • Phone call ends Mistral delivery dispute
  • GE inks gas turbine service contract for fastest ferry
  • VT Halter promotes five, hires one
  • Blount Boats launches tanker for APT
  • Rolls-Royce inks gas turbine contract for Type 26 frigates
  • Totem Ocean picks Keppel for RO/RO LNG conversions
  • SCA launches Know Your Ship campaign

World Wide Shipperweb site
AUGUST 5, 2015
  • Totem Ocean Trainer Express inks deal for vessel LNG conversion
  • Railroad association releases traffic totals for week, month
  • Replica of famous schooner to visit Port of Everett this month
  • Matson posts numbers for quarter, half year
  • Inchcape Shipping Services warns of Chilean weather woes

Lloyd's Listweb site
AUGUST 5, 2015
  • Dorian LPG reports improved earnings and launches share buyback
    VLGC owner enjoys high spot earnings amid fleet expansion
  • Poseidon backers pulled 'fully-subscribed' IPO
    While Chinese meltdown hit pricing, warnings of initial trading performance were also key to decision
  • Teekay Tankers wins Principal suezmaxes
    Successful $662m bid for 12 tankers lifts fleet to 44 vessels
  • Could freehold sale revitalise Bristol's box hub ambitions?
    Land agreement will allow it to "compete and invest on equal terms", says UK port
  • Yangzijiang Shipbuilding reports weaker earnings
    But China-based yard supported by boxship orders
  • Safe Bulkers may switch to secondhand investments
    Polys Hajioannou sees attractive deals emerging in 2016 as owner shies away from more orders
  • New Suez Canal channel set to speed up transits but bottlenecks remain
    APM Terminals' SCCT sets sights on further canal expansion that may be announced on same day as formal opening
  • Change of leadership at Inchcape
    ISS chief executive Hyldager's sudden departure sees board seeking permanent replacement
  • Genco reduces red ink in second quarter
    Completion of merger with Baltic Trading creates 70-ship fleet
  • Gener8 finishes post-merger quarter well in the black
    Georgiopoulos-led tie-up between General Maritime and Navig8 will take delivery of 21 more newbuildings to 2017
  • OOIL sells a post-Panamax boxship for $53.6m
    Details of sale to Global Ship Lease emerge in Hong Kong filing
  • Matson profits dip as Horizon costs and pollution settlement bite
    Hawaii liner and logistics company paid $11m to Hawaii for 2013 molasses spill

The Journal of Commerceweb site
AUGUST 5, 2015
  • IAG Cargo extends, expands Qatar Airways deal
    LONDON - IAG Cargo has indefinitely extended the capacity partnership agreement with Qatar Airways that marked the Anglo-Spanish carrier's exit from freighter operations a year ago. The merged British Airways-Iberia carrier said it has also expanded the number of destinations covered by the deal to nine routes. "Our freighter partnership model with...
  • Nova Scotia port projects waiting for carriers to bite
    Two groups in Nova Scotia are racing to nail down a long-term commitment by one or more container lines to call at their proposed deep-water container terminals with super post-Panamax ships on rotations from Asia to Europe. The two rival groups, which are promoting greenfield terminals at Melford and Sydney close...
  • Port Everglades lands SeaLand-APL port call
    SeaLand and APL have selected Port Everglades as the first and last U.S. call for their recently launched Americas joint service. After launching their joint service in late June, the carriers temporarily used Miami as their South Florida port. The first Port Everglades call is scheduled Aug. 29. Florida International Terminal will...
  • Rail industry expects US intermodal traffic acceleration
    After modest intermodal growth in the second quarter, railroads and the top intermodal trade association maintain intermodal growth will kick into a higher gear before the end of the year. Total intermodal growth in North America was up 4.5 percent year-over-year in the second quarter of 2015, up from 2 percent...
  • Former JOC maritime desk editor, Ron Spina, dies
    Ronald J. "Pee" Spina, a former Maritime Intelligence editor of The Journal of Commerce, died suddenly Sunday at his home in Palmer Township, Pennsylvania. He was 74. Ron spent his entire professional career at The Journal of Commerce where he manned the maritime intelligence desk. His duties included contacting shipping lines...
  • More trans-Pacific ships arriving on time, SeaIntel reports
    On-time performance of ships in the Asia-to-U.S. West Coast trade reached 71.4 percent in June as carriers' schedule reliability in the trade improved for the fourth consecutive month, SeaIntel Maritime Analysis reported. Click to EnlargeWhen West Coast ports were brought to near-standstill during last winter's negotiations for a longshore labor contract,...
  • US truck capacity rises, JOC index shows
    Truck capacity in the U.S. is still tighter than it was before the recession, but after five consecutive quarters of economic growth, more tractor-trailers are hitting the road. Since the second quarter of 2014, large truckload carriers have expanded their fleets, often to bolster specific services. That activity pushed the JOC...
  • Matson 'confident' about higher China express rates
    Matson said it expects its new Alaska service, improved rates in the carrier's China express service, and growth in its core Hawaii market to produce improvement from second quarter results that were dinged by non-recurring charges. "The second quarter was an eventful one for us, and we are confident of what...
  • Mallory Alexander International Logistics deploys massive aircraft for cargo shipment to Ukraine
    MEMPHIS, Tenn. One of the largest cargo airplanes in the world was deployed by Mallory Alexander International Logistics to expedite a client's shipment of compressed gas containers to Ukraine in early July. Mallory Alexander client Nova Gas based in Charleston, S.C., had an urgent need to transport two large, empty compressed gas containers to Ukraine...
  • Slide show: Top 10 fastest-growing US import ports
    Eight ports on the U.S. East Coast made substantial gains in import market share in the first six months of 2015. A booming import market, West Coast diversions tied to the recent labor crisis, and port investments helped East and Gulf Coast ports edge out all but one of their...
  • Australian labor takes aim at Hutchison Port Holdings
    Sydney HarborHutchison Port Holdings is facing labor backlash on multiple fronts in Australia over plans to slash its workforce and turn to automation in a bid to cut costs, spurring work stoppages for four hours on July 30 in Brisbane and Monday in Sydney. After the Australian government encouraged the Hong...
  • APMT Mumbai shuttered over labor unrest
    There is no end in sight to the congestion and labor issues that have long troubled Gateway Terminals India in the Nhava Sheva port complex, India's busiest container gateway. The APM Terminals facility, which accounts for nearly half of Nhava Sheva's total throughput, on Tuesday issued a trade advisory temporarily suspending...
  • Carmack provisions firmly rooted in transportation law
    Q: I read your column every issue, but I keep finding that you seem to be rooted firmly in the past. In particular, a lot of your questions have to do with loss-and-damage claims, often on motor carrier shipments. Your answers seem to rely mostly on long-out-of-date law and court decisions...
  • Global air cargo slowdown continues
    LONDON - The slowing growth rate in global air cargo demand continued into June with volume inching up just 1.2 percent from a year ago, according to the International Air Transport Association. Growth in the first half of the year has slowed to 3.5 percent from a 5.8 percent year-over-year expansion...
  • Lufthansa Cargo, SwissWorldCargo introduce new pricing structure
    LONDON - Lufthansa Cargo and its affiliate Swiss WorldCargo are introducing a new simplified pricing system for the winter season in response to "the volatility of external cost factors." From October 25 the carriers' pricing will consist of just two components - a net rate and an "airfreight surcharge" that will...
  • Global Ship Lease starts to pay dividends after Q2 profit
    LONDON - Global Ship Lease, the NYSE-listed container ship-owner, has started to pay dividends as it reported strong second-quarter results and signalled its intention to grow its charter fleet. The London-based company swung to a net profit of $2.9 million in the three months through June 30 from a $2.3 million...
  • Idle container fleet increases amid uncertain trade outlook
    LONDON - The idle containership fleet is continuing to grow amid a muted peak-shipping season and an increasing number of cancelled sailings on the Asia-Europe route, according to industry analyst Alphaliner. There were 127 unemployed ships over 500 twenty-foot-equivalent units by the end of July, with a total capacity of 345,900...
  • E-commerce drives investment in China's reefer logistics networks
    The forecast for the global cold chain market is certainly bright. Research firm MarketsandMarkets projects the sector will expand by a compound annual growth rate of 15.6 percent between 2014 and 2019, led by growing demand in developing markets such as China, India and Latin America. Asia-Pacific is a particularly...
  • US scrap metal exports forecast to keep plunging
    U.S. scrap metal exports took a tumble in the first half of 2015 and are expected to fall even more by year's end, as the strong U.S. dollar continues to weigh on all American exports. In the first five months of 2015, U.S. ocean exports of scrap metal fell 4.7 percent...
  • Seattle and Tacoma cement alliance
    Port of SeattleThe commissioners of the Ports of Seattle and Tacoma have given the final OK needed to launch an alliance aimed at helping the former rivals stave off growing competition, and regain market share. Facing increased competition from Port Metro Vancouver and Prince Rupert, the Northwest Seaport Alliance will allow...

TradeWindsweb site
AUGUST 5, 2015
  • Totem Ocean picks Keppel
    Totem Ocean Trailer Express (Totem Ocean) has selected Keppel Offshore & Marine (Keppel O&M) to convert a ro-ro to run on LNG.
  • VLCC rates crumble
    VLCC day rates have tumbled by 23.8% in the past week as thin charter interest in the Middle East market has left a long list of available tonnage.
  • Valemax boost for capes?
    Is the Valemax fleet making a positive contribution to capesize rates?
  • Mercator Ltd loss grows
    Mercator Ltd nearly doubled its loss in the fiscal fourth quarter amid declining revenue and a still-challenging dry-bulk market.
  • P&O profits in Channel
    P&O's freight shipments in the Channel have reached record levels since French industrial action hit the port of Calais.
  • Princimar praise for Teekay Tankers
    Teekay Tankers' $662m capture of the Principal Maritime fleet has been met with initial approval on Wall Street.
  • Renzi wins yard victory
    Italian prime minister Matteo Renzi has won political backing to keep state shipbuilder Fincantieri's Monfalcone yard open.
  • Fredriksen sells suezmax
    Ship Finance International (SFI) has terminated a charter agreement for a suezmax with sister company Frontline after it found a buyer for the vessel.
  • TNG taps Nord/LB
    Croatia's Tankerska Next Generation (TNG) has clinched a loan of up to $47.45m to fill the finance gap on two new MR tankers.
  • Pioneer raises $25m
    Pankaj Khanna-led owner secures cash to fund 12 new handysize bulkers in China.
  • Wilson's S&P comeback
    Wilson ASA is looking to renew its fleet by targeting time charters and new vessel acquisitions.
  • Teekay Tankers wins Princimar race
    Teekay Tankers has swept up the fleet of Apollo backed Principal Maritime Tankers in a $662m deal.
  • Teekay Tankers wins Apollo race
    New York-listed owner confirms long-anticipated suezmax fleet purchase with $662m deal.
  • Seiho swoops for LPG pair
    Japan's Seiho Kaiun has turned to domestic yard Asakawa Shipbuilding for two new LPG carriers.
  • Dorian begins buy-back
    Dorian LPG has given the green light to a $100m share buy-back programme as it reported an upturn in first quarter profit today.
  • PSV problem
    The dire market for platform supply vessels (PSVs) is set to be further tested by a long list of new deliveries before the end of 2016, despite delays and cancellations.
  • Livanos in Goldman deal
    Peter Livanos has freed up some cash via a deal with Goldman Sachs involving a portion of his Euronav stock.
  • Molasses hit Matson
    Hawaii spill and Horizon deal costs take a toll on US liner company's Q2 earnings.
  • Fast ferry hits dock
    An Irish Ferries vessel has hit a dock in Wales during gale-force winds.
  • Bourbon hits record
    French offshore shipping giant Bourbon has logged its best ever first half revenue despite "a very challenging market."
  • OOCL confirms sale
    OOCL has completed its third sale-and-leaseback deal with Global Ship Lease (GSL) over the last year.
  • POSH profit dips
    PACC Offshore Services Holdings (POSH) has seen a drop in second quarter profits as it continues to battle the tough times plaguing the offshore sector.
  • Gener8 mixed in debut quarter
    Tanker owner posts strong profit but spot market numbers lag behind peers due to vettings.
  • "Not true at all"
    The UK's Thanet Council has denied Euroferries will start a new ferry run to France from Ramsgate later this year.
  • Red ink for Genco
    US-listed bulker owner Genco Shipping & Trading has reported a net loss of $78.8m for the first half of its current financial year after second quarter losses came in at $40.3m.
  • Latin job for Swiber
    Singapore-listed Swiber Holdings has signed a letter of intent for a job with what it describes as a first time global energy client in Latin America to provide installation services for a submarine pipeline.
  • Inchcape CEO walks
    Claus Hyldager has resigned his position as chief executive at global maritime services company Inchcape Shipping Services (ISS).
  • POSH profits dip
    PACC Offshore Services Holdings (POSH) has seen a drop in second quarter profits as it continues to battle the tough times plaguing the offshore sector.

American Shipperweb site
AUGUST 5, 2015
  • Amazon's latest plans for delivery drones
  • IAG Cargo expands partnership with Qatar Airways
  • Expeditors International sees strong Q2 results
  • FTR: North American truck orders up in July
  • Swiss, Lufthansa update cargo pricing structure
  • Proposed Scottish railfreight park receives approval
  • Totem Ocean Trailer Express picks yard for LNG conversion
  • Matson Q2 profits hit by one-time expenses
  • International intermodal container traffic grows sharply in second quarter
  • Executive Moves: Norfolk Southern, Inchcape, Llamasoft, Hanson Logistics and BSM
  • Ports of Seattle, Tacoma hope Northwest Seaport Alliance will help regain cargo market share
  • FWI: U.S. cargo thefts decreasing in volume, value
  • K + N closes ReTrans acquisition

The Bunker Bulletinweb site
AUGUST 5, 2015
  • Keppel to convert TOTE RoRo ship to burn LNG
    Firm says its the 'world's first conversion of a large RoRo vessel to LNG'.
  • Slow steaming stalled growth in NOx emissions
    Satellite measurements are giving a clearer picture NOx emissions from ships.
  • Super typhoon heading towards Taiwan
    Bunkering operations wer continuing as normal on Wednesday.
  • Oil product glut adds to pressure on crude
    'All signals point to weaker margins, which mean lower runs.'
  • Endofa starts Panama operation
    Seasoned player heads up new venture.
  • Tug collision in New Jersey results in oil spill
    Vessel collided with a fuel terminal pier on Saturday.
  • Vessel fuel monitoring solution prevents cheating in Nigeria
    'You will not be making money' when bunkers get stolen, says technology solutions provider.
  • Cockett expands operations to India
    New Mumbai-based office 'will provide opportunities for the group', says CEO.
  • US west coast 'largest' biorefinery changes hands
    Company supplies fuel to the transport sector, including shipping.
  • Cockett expanding operations to India
    New Mumbai-based office 'will provide opportunities for the group', says CEO.
  • Fuel, diesel storage terminal in Pernis starts operations
    Former BP facility is now owned by Koole Terminals.

›››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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