BRIEFS

testata inforMARE

14 September 2026 - Year XXX

Independent journal on economy and transport policy

01:39 GMT+2

BRIEFS

February 12, 2015

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Shanghai January box volume up 5.3pc to 3.16 million TEU Second 'K' Line exec goes to jail in US for ro-ro price-fixing Asia-Europe container volumes up 7.4pc in 2014, but rates slip Locomotive engineers serve Canadian Pacific with strike notice US 2014 export value rises 2.9pc to hit record US$2.4 trillion Construction commences on empty container hub in Port of Rotterdam Dockers who do the least, and not their best, speed automation: experts Malaysia's PTP docks world's biggest ship, 19,224-TEU MSC Oscar Despite more pay, US trucker quit rate up, now a rich country issue US railways expect to spend US$29 billion on infrastructure in 2015 Israel fears anti-semitic Europe, ramps up trade with Asia Air cargo buyer power slips as shippers turn more to ships US west coast port congestion has Japanese carmakers turn to air Virgin Cargo re-ups Indian GSSA InterGlobe Air Transport for growth

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FEBRUARY 11, 2015
Shashi Kiran Shetty to be conferred with Belgium's Royal Decoration at Port of Antwerp reception today Shreyas Shipping & Logistics posts excellent Q3 results Daimler India exports bus chassis to Egypt Indian cos export diesel cargoes to Australia Govt to attract $ 2 bn FDI for Major Ports' expansion Iran to help India develop Chabahar port JN Port & Port of Antwerp set to jointly establish world class training centre L&T Kattupalli port welcomes Shreyas Shipping's direct service to Jebel Ali Amazon to set up a warehouse centre in Telangana Siemens wins orders worth INR 450 cr. from Rlys Adani to set up 10,000-MW solar park in Rajasthan Govt reduces MEP of branded edible oil to $900 from $1,100/t Infra projects in Mumbai will be completed soon, says Fadnavis INR falls further against US currency on heavy dollar demand RBI tells banks to check export advances

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Ryder boosts Hermes home delivery fleet Union Pacific Railroad retools management CMA CGM invests in Big Data EBRD hives off PKP Cargo stake Saudia Cargo adds director to drive growth Atlantic states to benefit from LJMU-MM project Iraq's first cargo only airport on drawing board Naviland Cargo strengthens ties with Haropa U-Freight gains trusted trader status in Taiwan ACI welcomes new director Third berth for DP London Gateway New Bulgaria-Germany blocktrain XPO plays takeover game again Turkmenistan Airlines stretching out feelers Top marks and award for Hamburg Sued

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FEBRUARY 11, 2015
Hanjin leaving Portland Oregon's largest container carrier, Portland, is leaving the US Pacific Northwest port amid a bitter labour dispute between the terminal and dockworkers. Hanjin Shipping notified the Port of Portland and terminal operator ICTSI Oregon on 10 February that as of 9 March it will cease direct calls at Aberdeen launches code to protect dolphins Europe's principal marine support centre for the energy sector in the North Sea and Atlantic Margin, Aberdeen Harbour has today launched a vessel Code of Practice to protect bottlenose and other dolphins that live and feed by the harbour mouth. To be widely distributed to vessel owners, port users, African migrants perish in rubber boats Up to 300 African migrants are feared to have drowned after their small boats were overcome by heavy seas. Nine people were rescued and brought by an Italian tug to the Italian island of Lampedusa this morning. They were the only survivors plucked from two rubber boats that had departed from a Euronav cuts losses, predicts market recovery Euronav, the Antwerp-based VLCC and Suezmax owner, has cut both its final quarter and full year 2014 loss. It forecasts continued market recovery on improving supply-demand balance. Group net loss in 4Q14 narrowed to $3.9M from $23.3M in the same period last year, while revenues increased to Specialised reefers back in the game Containerisation of perishable cargoes seems to have hit a snag - at least temporarily - as the slump in bunker prices makes conventional reefer ships more competitive again. According to shipbrokers, a number of freight programmes by fruit shippers has been moved back from container lines to Golden Ocean to decide on Knightsbridge merger Golden Ocean Group, John Fredriksen's dry bulk shipping venture, is seeking to delist its shares in Singapore and called an EGM to decide on a plan to merge with Knightsbridge Shipping. "Golden Ocean has today submitted a delisting announcement on the Singapore Stock Exchange for the delisting of Vessel delays increase at Oakland Port congestion pushing southern California ports close to gridlock has stretched up the coast to the Port of Oakland. America's fifth busiest container port revealed on 9 February that 10 to 12 vessels per day are waiting for berth space at its marine terminals. In addition, vessels are arriving Coastguard officer jailed over Sewol disaster A South Korean Coast Guard commander has been jailed four years for botching rescue efforts during the Sewol ferry tragedy. A Gwangju court convicted Kim Kyung-il of professional negligence. Kim's vessel was the first to arrive at the scene when the Sewol capsized on the morning of 16 April last Tanjung Offshore suspends three officials Malaysia-listed offshore services company, Tanjung Offshore (Tanjung), has suspended three of its officials due to the possible conflicts of interest and breaches of fiduciary duties. According to Tanjung Offshore's filing to Bursa Malaysia, two of its directors had approached French offshore Keppel, Sembcorp Marine rebut Petrobras graft claims Singapore-listed marine, property and infrastructure company Keppel has refuted bribery allegations involving Brazilian oil giant Petrobras. Keppel stated in its filing to Singapore Exchange (SGX) that the company has a "code of conduct which prohibits, among others, bribery and corruption". The Wanhai foresees glut lasting in 2015 Global shipping capacity will increase by 7.8% in 2015, 2.4% more than the demand, Wan Hai Lines chairman Chen Bo-ting said at the carrier's 50th anniversary. With the gap between supply and demand bigger than 2014, the glut will be worse in 2015, said Chen. Every drop of $10/barrel in oil prices Changhang Phoenix raises $11.9M Changhang Phoenix, a bulk-carrier operating unit of Sinotrans & CSC, has raised a total of CNY73.7M ($11.9M) after its receiver sold 17.6M shares in the company. The deal was completed at CNY4.10 per share on 6 February, a statement of Changhang Phoenix said today. The proceeds gained from the China's imports of non-ferrous metals fall China's imports of non-ferrous metals fell 30.6% year on year to 124M tonnes in 2014, due to lower domestic demand and slowing economic growth. For nickel ores, the imports dropped 32.9% y/y to 47.8M tonnes, according to customs statistics. The imports of bauxite also plunged 48.4% y/y to 36.2M

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FEBRUARY 11, 2015
Schettino sentenced to 16 years in prison Star Cruises cuts first steel for Genting World Former Coast Guard official gets prison term in Sewol case Three admirals censured in "Fat Leonard" affair USCG detains tanker Overseas Jademar Mexican shipyard lays keel for first Voith Water Tractor

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FEBRUARY 11, 2015
Port Angeles Port Commission Oks Community Partner Program Latest Port Tracker report sees rise in import numbers Linda Cook to step down from Boeing Board of Directors Coast Guard inspectors hold tanker for number of safety violations CMA CGM Group investingin container tracking firm

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FEBRUARY 11, 2015
DP World to build third berth at London Gateway New 400 m quay to open in second half of 2016 Cape crusaders are true believers in consolidation Despite a muted response to Capesize Chartering, the new collective of five major owners may have the right chemistry to grow Europeans could blink first on shipping debt price gap Plummeting BDI and regulatory pressure will eventually force discount, bankers believe Hanjin pulls the plug on Portland South Korean carrier informs customers that it will drop its weekly service next month Navios Acquisition returns to profit Most tankers fixed out for 2015 but 76% of fleet will benefit from market upturn VLCCs put in performance push before second-quarter lull Around $10,000 added to daily earnings in a week as VLCCs make hay while the sun shines Wärtsilä to supply 90 dual-fuel engines for 15 Yamal LNG carriers Vessels on order at DSME for year-round Arctic operation Middle Eastern port projects to be matched by demand DP World believes volume growth levels will be sufficient to equal the planned port expansion India's ports to face overcapacity challenge Overcapacity in the Indian port industry will continue in the short term, but strong volume growth will help in the longer term Sohar completes Muscat volume transfer Oman's Port of Sohar sees strong volume increase as commercial activities are transferred from Muscat Western Bulk hit by low freight rates and falling fuel prices Oslo-listed operator suffers bad 2014 fourth quarter but says it is well positioned for 2015 Euronav slashes losses to $3.9m Crude tanker player improves results on better tanker market fundamentals Mediterranean aframax spot earnings fall $22,000 in a day as fog factor fades Large correction in the market following surge in aframax earnings caused by fog delays Colombo gears up for growth A look at recent developments at the Port of Colombo and its future challenges Data Hub: Load Factors US west coast congestion hits utilisation levels India sees iron ore glut as taxes and low prices take effect Australian miners and capesize owners may benefit from collapse in Indian iron ore production and exportation

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FEBRUARY 11, 2015
PMA to halt ship work on four of next five days The Pacific Maritime Association said its members will suspend U.S. West Coast vessel operations on four of the next five days rather than provide longshoremen with holiday or weekend pay for "severely diminished productivity." Vessel operations by the International Longshore and Warehouse Union will be suspended coastwide on Thursday (Lincoln's Birthday),... Virginia's container volume a record for month of January The Port of Virginia last month posted its highest January container volume, handling 191,996 loaded and empty 20-foot-equivalent units, a 15 percent year-over-year increase. Virginia posted a 22 percent gain in rail containers, a 17 percent jump in barge cargo, and a 12 percent increase in truck volume. "January delivered continued strong... More signs of West Coast port woes spurring cargo shift to opposite coast When U.S. West Coast port congestion clears, there are increasing signs that shippers' frustrations with shipment delays of weeks will spur them to permanently re-route freight through the East Coast, much like they did in 2002 following a 10-day marine terminal lockout. "There a great deal of analysis going on within... Maersk container ships again making calls at New Orleans A weekend call by the Maersk Kotba on the North Europe service of Maersk Line's 2M operation with Mediterranean Shipping Co. is the first call by the Danish carrier's ships in New Orleans in three years. "We're thrilled to welcome back Maersk vessels to New Orleans," Port President and CEO Gary... Virginia port publishes weekly truck turn times The Port of Virginia has begun posting weekly statistics for truck turn times and container dwell times at its terminals, something drayage operators have been clamoring for at other U.S. ports. "We've been asked by our stakeholders to provide these kinds of numbers," port spokesman Joseph D. Harris said. "This is... XPO taps last-mile logistics growth as Descartes predicts 'breakout' year Last-mile logistics is fast becoming the first priority of many retail shippers, as the rapid expansion of online shopping underscores changing consumer behavior. "If you go back five, ten years ago, nobody ordered a refrigerator online," Bradley S. Jacobs, chairman and CEO of XPO Logistics, said. "Today, it's the first place... No winners in West Coast dispute Has the ILWU been tamed? We asked that question in an October 2003 commentary, a year after the 10-day lockout that cost the U.S. economy billions of dollars and in the aftermath of a series of slowdowns and vandalism that summer over new technology at the TraPac terminal in Los... Addressing allegations of bias Over the past few weeks, our coverage of the West Coast labor standoff on JOC.com has come under a barrage of criticism from members of the International Longshore and Warehouse Union and their supporters. In comments posted on JOC.com stories, in tweets and e-mails, we stand accused of bias against... Demand for sweeper ships due to West Coast gridlock drives charter rates higher Demand for extra ships tied to the U.S. West Coast longshore labor showdown is driving up charter rates for certain classes of container ships. Panamax tonnage received another boost in charter pricing as "more ships were plucked from the market as extra sailers (also called sweeper ships) for the Asia/US trade,"... Container lines losing cargo to specialized reefer ships amid slump in bunker prices Containerization of perishable cargoes seems to have hit a snag - at least temporarily - as the slump in bunker prices makes conventional reefer ships more competitive again. According to ship brokers, a number of freight programs by fruit shippers has been moved back from container lines to specialized reefers in the early... Report sees cargo growth, shift from West Coast February imports through top U.S. container gateways are expected to rise 10.1 percent year-over-year despite West Coast congestion that has stalled shipments and shifted cargo to the East Coast, according to the monthly Global Port Tracker. "East Coast ports have been the beneficiaries of the labor disputes on the West Coast,"... Japan's farm export drive produces record high Japan's energetic farm-export drive is bearing fruit, as the country's overseas shipments of agricultural, fishery and forestry products mushroomed 11.1 percent in 2014 from the previous year to a record high of 611.7 billion yen (US $5.14 billion). Riding high on the popularity of Japanese cuisine overseas and helped by a... CMA CGM shippers soon to be able to track cargo, conditions in real-time CMA CGM is equipping its containers with an innovative real-time data monitoring system that will enable the carrier and its customers to keep track of the location and specific conditions of their cargoes. The world's third largest carrier has contributed to a capital increase of the French start-up Traxens, the developer... Rotterdam claims top Chinese trade gateway spot over Hamburg Rotterdam claims it is the first European port to handle over 3 million TEUs of traffic to and from China and is set to extend its lead over second ranked Hamburg in 2015. The Dutch port said it trailed Hamburg up to 2008, handling 2.2 million TEUs of "China containers" compared... CP intermodal shippers face reduced service if union strikes Canadian intermodal shippers could see a reduction in Canadian Pacific Railway service if a union representing 3,300 locomotive engineers, conductors and train workers follow through with their threat to strike later this week if the railroad doesn't meet their contract demands. Teamsters Canada Rail Conference-Running Trades on Tuesday gave the railroad... Shreyas swings to black on shipping activity growth Shreyas Shipping and Logistics rebounded to a Rs. 22.4 crore (US $3.6 million) net profit in the third fiscal quarter from a net loss of about $468,000 in the same period in 2013, driven by a significant growth in the shipping activity that has helped the company become a pan-India... DHL moves into new Shanghai cold chain warehouse HONG KONG - DHL Global Forwarding has opened its new Shanghai warehouse with an $18 million investment in 17,200 square feet of cold storage facilities for life sciences and healthcare customers.The new Shanghai air freight logistics center has been developed on the site of the existing DHL facility within the...

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FEBRUARY 11, 2015
Don't fear the regulator Executives of three shipowners expressed a mostly unconcerned attitude about new regulations facing the industry as they spoke at a New York conference today. Buyer beware The chief operating officer of Scorpio Tankers and Scorpio Bulkers is urging owners to proceed with caution when placing orders at shipyards that offer refund guarantees. Aker Philly's open mind Aker Philadelphia Shipyard has focused on the pursuit of tanker and containership orders in recent years but this could change at some point in the future. Schettino guilty of manslaughter Costa Concordia captain Francesco Schettino has been found guilty of manslaughter. Goldman buys $50m Capital slice Goldman Sachs Asset Management has emerged as a major investor in Capital Product Partners with a stake worth over $50m. Goodfaith crew safe All 22 crew aboard the grounded bulker Goodfaith, which hit rocks off the Greek island of Andros late last night, have been rescued, but pollution has been reported at the scene. Knightsbridge funds 14 capes Rock bottom spot rates have not prevented John Fredriksen's Knightsbridge Shipping from securing financing for a series of capesize newbuildings. Schettino's final plea Costa Concordia captain Francesco Schettino has made an emotional plea for mercy ahead of the verdict in his manslaughter trial. BDI hits lowest mark ever The Baltic Exchange's main shipping index today sank to its lowest ever reading. Navios cancels MR duo Navios Maritime Acquisition Corporation (NNA) has torn up contracts for two newbuildings due to the yard's finance problems. NNA finishes strongly Greece's Navios Maritime Acquisition Corporation (NNA) has returned to profit in the fourth quarter, lifting its annual result into the black. CMA CGM funds start-up Container line CMA CGM has contributed to the capital increase of a French start-up focused on efficient cargo-monitoring. SSC makes $1m more Singapore Shipping Corp (SSC) has increased its quarterly profit between October and December 2014 by $1m. TNG to move quickly Newly listed Tankerska New Generation (TNG) could add to its products fleet as soon as April. Marco Polo doubles profit Marco Polo Marine (MPM) has almost doubled its profit for the first quarter of its financial year despite a 12% revenue drop. Shreyas turns it round Shreyas Shipping & Logistics has turned around last year's loss to post a profit in the third quarter. ISH ends 2014 in red International Shipholding Corp (ISH) has taken a hit from a non-cash impairment during the fourth quarter but still managed to declare a dividend. Old ships wanted The government of Canada is keen for shipyards to examine the potential in scrapping vessels domestically. Four VLCCs for CSDC China Shipping Development Co (CSDC) is spending $375.9m on four new VLCCs. Euronav red but ahead Euronav booked a small loss in the fourth quarter but its red ink did not run as deep as analysts had feared. Golden Ocean quits SGX John Fredriksen's Golden Ocean is to drop its Singapore listing next month due to its impending merger with sister outfit Knightsbridge Shipping. Bulker runs aground The Cypriot-flagged bulker Goodfaith (built 1984) has run aground off the Greek island of Andros in heavy weather and its crew was being evacuated, the Greek coastguard said. Western Bulk in cash cover Western Bulk has moved to boost its cash position in a loss-making dry cargo market. Glovis kicks off deal South Korea's Hyundai Glovis has clinched a $100m shipping contract with a construction materials company in Qatar. Coastguard master jailed A South Korean coastguard officer has been sentenced to four years in jail for negligence during the rescue operation that followed the sinking of the Sewol last year. Britoil eyes Africa Singapore's Britoil Offshore Services is in talks to build vessels for Slok Shipping of Nigeria. Otto in profit warning Otto Marine said it expects to post a loss for the last financial year, according to a disclosure from the company. Bunker quality improving Bunkers are showing an improvement in quality according to the International Bunker Industry Association (IBIA). Soechi VLCC arrested An Indonesian-owned VLCC has been arrested in Singapore over unpaid bunkers, according to court documents seen by TradeWinds. Hoegh Osaka sets sail The Hoegh Osaka has sailed from Southampton en route to the southwest of the UK to undergo repairs. Trafigura takes MR Trafigura has taken a number of VLCCs on time charter in recent weeks but it has been increasingly active in other corners of the market as well, sources said Tuesday.

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FEBRUARY 11, 2015
Hanjin ends container service to Portland, Oregon IANA: Intermodal volumes in Q4 help annual growth reach 4.8 percent DHL spends $18 million to expand air freight logistics center in Shanghai Don Aldridge, former U.S. Lines executive, dies West Coast port backlog could take weeks to unwind Executive moves: Kalmar and MIQ

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FEBRUARY 11, 2015
Crude tumbles as US stockpiles hit record highs Inventories rose by nearly 5 million barrels last week. Costa Concordia captain sentenced to 16 years in jail Found guilty of manslaughter. Fuel trader back at Curoil's Curacao office Donald Ogenia is back in business. Tankers likely to adjust speed as needed Although bunker costs are lower 'shipowners will not waste fuel'. Wartsila dual-fuel engines to power LNG carriers Emit 85% less NOx and 25% less CO2 in gas mode vs diesel mode. Not all black & white The cost of ECA compliance has not been as high as feared, but it's not all plain sailing. Benchmark crude prices take a tumble 'All in all, we are maintaining a bearish stance,' say market observers as US inventories climb. More ordering spells trouble for tanker owners But cheaper bunkers underpin better short term returns. ECA rules contribute to falling US fuel oil consumption But US fuel oil output is expected to remain unchanged. Unpaid bunker bill forces ship arrest VLCC detained in Singapore. Fuel oil arbitrage volumes to Asia expected to slip March arrivals from the West will be 12% down month-on-month. Netherlands agrees 'LNG Safety Deal' Deal will help develop legislation to cover the use of LNG as a transport fuel. Bunker demand strengthens on US west coast OW's brief entry into the market seen boosting overall fuel delivery volumes. Addition to Glander International Bunkering's India office Abhinav Chaturvedi hired as bunker & lubricant trader. Senior US Navy officers censured in corruption scandal 'Officers demonstrated poor judgment and a failure of leadership'. Slow or fast steaming a difficult choice for liners But bunker prices reaching a 'tipping point' where decision will have to be made. Analyst: Cheaper bunkers a 'major positive' for shipping firms How industry copes with ECAs will determine future success. LNG management software makes market debut Software includes tool to optimise use of LNG bunkers.

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FROM THE HOME PAGE

The threat to shipping in the Red Sea grows as Houthis seize Perim Island.

SHIPPING

The threat to shipping in the Red Sea grows as Houthis seize Perim Island.

Sana'a/Hamburg

German shipowners warn that the possibility of returning to the Suez route is further removed

ACCIDENTS

New attacks on ships in the Strait of Hormuz

Southampton/Tehran

IRGC Navy strikes US naval drone

PORTS

Port of Long Beach reports record container traffic for August

Long Beach

In the first eight months of 2026, volumes grew by +1.3%

SHIPPING

WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods

Washington

Kramek: People, ports, ships and the marine environment at risk

SHIPPING

T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.

Brussels

If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.

Transalpine rail freight traffic still under pressure despite economic recovery

TRANSPORTATION

Transalpine rail freight traffic still under pressure despite economic recovery

Bern

The road runs faster than the rail

Artificial intelligence drives global trade, despite Middle East and tariffs

TRADE

Artificial intelligence drives global trade, despite Middle East and tariffs

Geneva

The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.

PORTS

Green light for €1.35 billion in investment in the port of Bremerhaven.

Bremen

It is the largest amount of funding the federal government has ever allocated to a project in the state.

PORTS

APM Terminals Signs Agreement to Develop Nigeria's Badagry Port

Copenhagen

Four kilometers of docks with a draft of -18 meters would be built

COMPANIES

Renaissance Partners has signed a binding agreement to acquire De Wave Group.

Genoa/Milan

The Genoese company will be sold by the American company Platinum Equity

SHIPPING

Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy

Cernobbio

Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.

SHIPYARDS

Canadian unions want BC Ferries to build new ferries in British Columbia

Delta

The company's latest order was to Chinese company CMI Weihai

PORTS

Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.

Rome

The unions fear the progressive replacement of a structural function of the port with precarious forms of work

SHIPYARDS

Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships

Shanghai

The units would have a gross tonnage of 84,000 tons

SHIPPING

In July, ship traffic in the Suez Canal increased by +27%

Cairo

In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)

INTERMODAL TRANSPORT

Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa

SHIPPING

IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.

London

38 states voted in favor and 17 against. Formal adoption postponed until December.

POLICY

Brussels launches the Maritime Industrial Alliance

Brussels

The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.

SHIPYARDS

The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain

Geneva

This is underlined by the representatives of the unions belonging to IndustriALL Global Union

SHIPPING

Study to create a maritime corridor between the UK and the US using nuclear-powered container ships

London

ACCIDENTS

Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz

Riyadh

Bahri VLCC Sidr hit

SHIPYARDS

Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities

Brussels

BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list

PORTS

In Panama, the provision that protected the confidentiality of port concession contracts has been repealed

Balboa

The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.

COMPANIES

Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.

Trieste/Kiel

The agreement does not provide for mergers or acquisitions

PORTS

Philippine terminal operator ICTSI to acquire African port operator TLG

Manila

The company operates in Mozambique, Namibia and South Africa

SHIPYARDS

EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia

Brussels

This is reported by a study by Shipbreaking Platform and Transport & Environment

PORTS

In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record

Anjra

Growth of +6% recorded in the first six months of 2026

Container shipping market recovery drives COSCO Shipping Holdings' quarterly results

SHIPPING

Container shipping market recovery drives COSCO Shipping Holdings' quarterly results

Hong Kong

The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.

TRADE

G20 trade accelerates in second quarter

Paris

Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace

PORTS

La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.

La Spezia

SHIPPING

OOIL's half-year results are weighed down by the negative performance of the first quarter

Hong Kong

The January-June period closed with a net profit of 729.3 million dollars (-23.6%)

PORTS

Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.

Florence/Livorno

RAILWAY TRANSPORT

SBB CFF FFS Cargo returned to profit in the first half of the year

Bern

The Swiss group's trains transported over six million passengers (+1.3%)

TRADE

White House denounces practice of "illegal" port transshipment to evade U.S. tariffs

Washington

ACCIDENTS

IMO urges naval missions to counter rising piracy in the Gulf of Aden

London/Riyadh/Southampton

The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.

PORTS

CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port

Paris

The planned investment amounts to approximately 434 million dollars

The slowdown in the Chinese economy is reflected in port traffic

PORTS

The slowdown in the Chinese economy is reflected in port traffic

Beijing

In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.

PORTS

In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%

Bremen

In the first six months of 2026 the increase was +5.9%

SHIPYARDS

Fincantieri and Viking convert options into orders for two new cruise ships

Trieste

PIRACY

A ship was boarded by pirates in the Gulf of Aden

Southampton

The unit was forced to head towards Somalia

LAW

CK Hutchison initiates international arbitration proceedings against the Republic of Panama

Hong Kong

The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.

PORTS

Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II

Hamburg

The Maersk Group company will retain operational control of the Dutch terminal

The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for

ZIM also records a recovery in the second quarter

SHIPPING

ZIM also records a recovery in the second quarter

Haifa

Acquisition by Hapag-Lloyd expected by the end of the year

PORTS

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%)

PORTS

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

COMPANIES

AP Moller Capital to acquire majority stake in Globex Investissement

Copenhagen/Casablanca

ACCIDENTS

Ship hit in the Strait of Hormuz

Southampton

Crew member of the "Minoan Dignity" dies

PORTS

Last month, freight traffic in the port of Barcelona decreased by -6.5%.

Barcelona

In July, 300,961 containers were handled (-13.2%)

COMPANIES

Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.

Abu Dhabi

He currently owns a 75.42% stake

PORTS

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%)

PORTS

The port of Koper reports a 5.6% decrease in quarterly freight traffic

Ljubljana

In June the decline was -18.9%

PORTS

Strait of Hormuz crisis has severe impact on DP World's financial and operating performance

Dubai

PORTS

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%

PORTS

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%)

SHIPPING

HMM's revenues increased by 29.7% in the second quarter

Seoul

Net profit down, weighed down by lower financial income

SHIPPING

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

SHIPPING

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

PORTS

Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter

Genoa

Passenger numbers drop at both ports

SHIPPING

In the second quarter, Yang Ming recorded a net profit growth of +610.7%.

Keelung

Revenues stable in the first half of 2026

ACCIDENTS

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

SHIPPING

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

SHIPYARDS

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

SHIPPING

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.

CRUISES

Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force

Monaco/Miami

Delivery is scheduled for 2034

ACCIDENTS

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.

ACCIDENTS

An Iranian merchant ship was hit in the Strait of Hormuz

Tehran/Southampton

One sailor died and four other crew members were injured.

PORTS

In July, freight traffic in the port of Ravenna grew by +6.7%

Ravenna

A sharp decline of -21.2% is expected for August

TRUCKING

Giulio Stoppa is the new general secretary of Trasportounito

Rome

A choice of continuity that at the same time marks the beginning of a new phase

CRUISES

The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona

Ancona/Los Angeles

Viking's Board has authorized a share buyback program of up to $1 billion.

SHIPYARDS

Meyer Werft begins construction of the Carnival Tropicale cruise ship

Papenburg

With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.

RAILWAY TRANSPORT

VTG sells its UK subsidiary VTG Rail UK to pension fund USS

Hamburg

The company operates in the railway freight wagon leasing sector.

SAFETY & SECURITY

The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.

Genoa

More than 250 deficiencies have been detected so far

PROGRESS AND TECHNOLOGY

ABB and Oceanly collaborate to integrate and optimize ship performance and operations

Genoa

PORTS

Strategic agreement between Federlogistica and the Port of Xiamen

Genoa

Feasibility study for a maritime connection between the Chinese port and Genoa

PORTS

Container traffic at the Port of Los Angeles remained stable in August

Los Angeles

The increase in empty garages has offset the decrease in full ones

COMPANIES

Gulftainer to acquire stake in Thailand's Suksawat Terminal

Sharjah/Bangkok

It is located on the Chao Phraya River, in Bangkok

SAFETY & SECURITY

Robo.ai establishes a company specializing in maritime and submarine security

Abu Dhabi

Al-Mansory: We will produce locally and provide solutions for markets around the world

INTERMODAL TRANSPORT

Kombiverkehr has taken full control of Spanish company Combiberia

Frankfurt am Main

The shares were acquired from the other 20 members

NEWS

US forces hit five Iranian oil tankers

Tampa

Attacks in the Gulf of Oman and near Kharg Island

COMPANIES

Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund

Abu Dhabi

INFRASTRUCTURE

Construction of the above-ground section of Genoa's new breakwater has begun.

Milan

Construction of the wave barrier is underway

COMPANIES

For the first time, a woman leads the Panama Canal Authority.

Balboa

Engineer Ilya Espino de Marotta's term will expire in 2033.

COMPANIES

Blu Navy has acquired a stake in Banca dell'Elba

Portoferraio

Schenone: We are a group united by the desire to contribute to the economic and social development of the island.

SHIPPING

HMM signs a contract worth approximately $3.5 billion with Vale

Seoul

It involves the maritime transport of iron ore on behalf of the Brazilian company

INDUSTRY

Kongsberg Maritime signs deal to buy Finland's Steerprop

Oslo

The Rauma-based company designs and manufactures marine propulsion systems

NEWS

New drug seizure in the port of Livorno

Livorno

53 kilograms of pure cocaine in a container from Peru

PORTS

In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%

Brussels

Landings and embarkations decreased by -2.0% and -6.4% respectively

PORTS

A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.

Genoa

The new concession agreement with Amico & Co Spa has been finalized.

PORTS

Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.

Ravenna

COMPANIES

MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa

Genoa

The company is based in the Naval Repair area of the port of Genoa

SHIPPING

Anemoi wind propulsion system to be installed on a Maersk container ship

London

The aim is to increase the ship's energy efficiency and reduce its emissions.

PORTS

The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.

Ravenna

Expressions of interest to be submitted by September 21st

INDUSTRY

MacGregor opens a new technical assistance center in Trieste

Stockholm

The main focus will be the European area, including the specialized megayacht sector.

ACCIDENTS

Tanker hit by three shells in the Strait of Hormuz

Southampton

An accident also in the Indian Ocean

PORTS

Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.

Taranto

The Management Committee of the institution has approved the appointment

ACCIDENTS

Crew of ferry that sank in Northern Cyprus arrested

Nicosia

Eight people died in the accident. 17 other passengers are missing.

SAILING LIST

Visual Sailing List

	Departure ports
	Arrival ports by:
	-	alphabetical order
	-	country
	-	geographical areas

INDUSTRY

Singamas's profit halved in the first half of 2026

Hong Kong

The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.

INDUSTRY

CIMC sells more containers, but profits plummet

Hong Kong

Half-year profit in this business segment fell by -81.2%

In the first half of this year, China

COMPANIES

COSCO Shipping Ports reports record quarterly and half-year revenues

Hong Kong

Net income for the first six months of 2026 was $276.6 million (+23.2%)

COMPANIES

In the first six months of 2026, CMPort's revenues grew by +13%

Hong Kong

Net profit up 7.4%

SHIPYARDS

Meyer Werft revenues to grow by 107% in 2025

Papenburg

The financial year ended with a net loss of -383.8 million euros

SHIPPING

Messina will launch the new West Med Line scheduled service in September

Genoa

It will bring together existing services for Algeria and Libya

SHIPYARDS

The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera

Trieste

The unit is scheduled for delivery in 2027.

SHIPPING

Tarros will include the port of Salerno in its Italy-Libya Express service.

La Spezia

The vessel "Vento di Zefiro" will be placed on the route

SHIPPING

MPCC reports declining quarterly results as part of fleet renewal plan

Oslo

MOURNING

Kuehne+Nagel's honorary president has died.

Schindellegi

Klaus-Michael Kühne had joined the family business in 1958

NEWS

A shipment of 65 kilograms of cocaine was seized in the port of Livorno.

Livorno

It would have brought in around 20 million euros to the criminals

PORTS

In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)

Madrid

Containers amounted to 1,581,071 teu (-5.6%)

PORTS

Join us at the Communion and Liberation Meeting in Rimini

Rome

Participation in the exhibition area of the Ministry of Infrastructure and Transport

PORTS

Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins

Ravenna

The aim is to give full functionality to a new logistics and industrial sector in the port area

PORTS

Container traffic in the port of Algeciras decreased by 11.4% in July.

Algeciras

In the first seven months of 2026 the decline was -3.3%

INTERMODAL TRANSPORT

Hupac will strengthen its intermodal service between Basel and Busto Arsizio.

Noise

An eighth weekly rotation will be introduced from September 7th

LOGISTICS

Sallaum creates a company for land logistics of cars in Europe

Vilnius

It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029

PORTS

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

CRUISES

Viking Holdings Cruise Line Reports Record Quarterly Revenue

Los Angeles

Net profit of $587.7 million (+33.8%)

PORTS

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

PORTS

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%)

SHIPPING

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%

SHIPPING

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%.

PORTS

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%.

PORTS

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

COMPANIES

Costa Cruises announces change of management for the Americas region.

Genoa

Jorge Serrano Martín de Vidales will replace Dario Rustico

INDUSTRY

MSC installs Jotun's proactive hull cleaning system on MSC Daniela

Sandefjord

Combines advanced antifouling technology with robotic inspection and cleaning

SHIPPING

Wan Hai Lines reports a 965.6% increase in quarterly profit

Taipei

The company orders six new 11,000 TEU containerships

PORTS

In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%

Podgorica

Cargoes to and from Italy dropped by -40.6%

SHIPPING

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

COMPANIES

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%)

MOURNING

Maurizio Longo, Secretary General of Trasportounito, has passed away.

Rome

He passed away in Rome after a long illness.

PORTS

Terminal Investment Limited abandons Tercat acquisition

Brussels

It provided for joint control of the Barcelona terminal with Hutchison Ports

PORTS

Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.

Ravenna

PORTS

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

COMPANIES

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

PORTS

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%

PORTS

In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%

Ravenna

In the first six months of 2026 the increase was +5.9%

PORTS

Italian Ports:

Ancona

Genoa

Ravenna

Augusta

Salerno

Bari

Savona

Leghorn

Taranto

Naples

Trapani

Carrara

Palermo

Trieste

Venice

Italian Interports: list

World Ports: map


DATABASE

		Shipowners		Shipbuilding and Shiprepairing Yards
		Forwarders		Ship Suppliers
		Shipping Agents		Truckers

MEETINGS

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

MEETINGS

The Federagenti assembly will be held in Civitavecchia on July 3rd.

Rome

Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.

››› Meetings File

PRESS REVIEW

Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO

HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard

(Maeil Business Newspaper)

››› Press Review File

FORUM

of Shipping
and Logistics

ASSITERMINAL

Intervento del presidente Tomaso Cognolato

Roma, 19 giugno 2025

››› File

LOGISTICS

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

LOGISTICS

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.

SHIPPING

Global Ship Lease reports record quarterly and half-year revenues

Athens

Rising costs impact profits

PORTS

DP World to build temperature-controlled logistics hub in the port of Antwerp

Dubai/Kallo

SHIPPING

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.

SHIPPING

Danaos Corporation reports quarterly revenue growth of 4.7%.

Athens

The containership segment remains stable. Bulk carriers continue to contribute.

- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio
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