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BRIEFS
August 14, 2015
Sched Netweb site
  • Maersk group profit falls 53pc to US$1.08 billion, box profit falls 7.3pc
  • CMA CGM ups Asia-Europe rate US$950/TEU - $500/TEU to West Africa
  • Mumbai RTG drivers end strike, but OOCL, CMA CGM pile on surcharges
  • Greek bailout terms dictate shipping sector's free ride has ended
  • 2M tops in reliability on the Pacific, but slips on Atlantic route
  • Hanjin posts US$94 million quarterly profit, but sales sink 6.3pc
  • Canadian National CEO to take medical leave to remove tumour
  • US regulators fine USAC, NVOs US$1.2 million for charging too little
  • CIMC & Globe Tracker start selling smart boxes for Silk Road
  • Tug and boat stoppage on River Plate upstream from BA, Montevideo
  • Evergreen orders ten 2,800-TEU ships from CSBC for 2017-18 delivery
  • St Lawrence Seaway cargo shipments down 7pc, but grain up 63pc
  • Singapore's PSA International has plans for Panama and Latin America
  • Silt build up in Mississippi has lowered water for ships by two feet
  • China to rebuild Liberia's main mostly unpaved coastal highway system
  • HK's Kerry Logistics supports Debenhams' Mideast air logistics growth
  • High volumes, logistics problems make life hard at Chicago's O'Hare
  • Pemco redelivers B737-300 QC to Mistral Air for Poste Italiane
  • Global air freight demand fails to meet capacity in June: IATA
  • Virgin Atlantic calls for industry-wide ethical animal freight policy
  • B&H Worldwide opens 24/7 critical logistics centre at Heathrow

Exim Indiaweb site
AUGUST 13, 2015
  • Allcargo acquires two additional vessels, consolidates its leadership in coastal shipping space
  • Annual NYK Report throws light on Group's diversification plans, customer focus
  • Express Global Logistics successfully ships 815 FRT cargo from Croatia to Qatar
  • Govt introduces Bill to amend Merchant Shipping Act
  • MOL remains a valued member of FTSE4Good Index Series
  • Shreyas Shipping inaugurates maiden call of its vessels at Kolkata & Chittagong
  • Oilmeal exports down 86 pc on low soyameal shipments
  • Govt approves INR 17K cr. for highway projects
  • Pearl Ports & Warehousing's ICD-Hosur inaugurated
  • Railways encouraging perishable cargo centres: Minister
  • Govt invests INR 4.85 lakh cr. in infra projects

International Transport Journalweb site
  • New generation, old paradigms Aviation
  • Star Wars on the river Elbe Shipping

IHS Maritimeweb site
AUGUST 13, 2015
  • Investment gains save Germany's DVB
    Soaring profit from financial trading helped German ship and aviation financier DVB Bank to post stable first-half earnings despite a drop in net interest income and a major arbitration defeat. Following a ruling by the London Court of International Arbitration, the Frankfurt-based shipping lender
  • DS Norden to adjust newbuilding deliveries on weak dry bulk market
    DS Norden, the listed Danish dry cargo and product tankers group, said it would seek to postpone deliveries of its newbuildings due to prolonged weakness on the dry bulk shipping market. "For the time being, the dry bulk market is depressed and for that reason we are actively working to reduce
  • APMT invests in Colombia terminal
    Maersk affiliate APM Terminals is injecting USD200 million at Cartagena Terminal in Colombia as evidence of its confidence in continuing growth in Latin America. APMT and Compania de Puertos Asociados (Compas), a Colombia-based terminal operating company, have agreed to jointly manage and operate
  • Rickmers Maritime sees red in 2Q15
    Singapore-listed shipowner Rickmers Trust Management (Rickmers Maritime) suffered a loss of USD15.7 million for the second quarter ended 30 June 2015 from a profit of USD16 million in 2Q14. The loss was followed by the drop in revenue, which fell 10% year-on-year to USD28.5 million in 2Q15 from
  • Great Eastern profits surge on back of tanker rally
    Indian owned Great Eastern Shipping has reported a 45% surge in net profit of INR3.2 billion (USD49 million) on the back of a higher revenue of INR10.2 billion. Revenue amounted to INR9.06 billion during 1Q16. In response to a query by IHS Maritime during an earnings conference call from Mumbai
  • Pacific Radiance profit tumbles by 88%
    Singapore-listed offshore services provider, Pacific Radiance saw its profit tumble to USD3.8 million down 88% year-on-year for the second quarter ended 30 June 2015. Revenue dropped by 29% to USD34.8 million in 2Q15 from revenue of USD48.7 million in 2Q14, while gross profit slid by 55% to USD10.1
  • Vard secures fishing vessel order
    Vard Holdings has announced it has secured a contract worth approximately NOK60 million, to build a state of the art Gill Netter. The 34 m fishing vessel will be built at Vard's Braila shipyard in Romania with delivery scheduled for Q316. Ordered by Breivik AS of Floro, Norway, the Seacon SC34
  • Nam Cheong profit tumbles in 2Q15
    Singapore-listed offshore services provider, Nam Cheong posted a profit of MYR10.5 million (USD2.6 million) for the second quarter ended 30 June 2015, lower as compared to profit of MYR63 million in 2Q14. Similarly, the company's revenue went down 49% to MYR192.7 million in 2Q15 from MYR378.8
  • Technics Oil & Gas' 3Q15 profit skyrockets
    Singapore-listed offshore services provider Technics Oil & Gas's profit reached SGD24.7 million (USD17.5 million) for the third quarter that ended on 2015, a huge increase from its profit of SGD1.1 million in the same period a year ago. Despite the surge in profit, the company's third-quarter
  • Tianjin port blast leaves 42 dead, hundreds injured
    The death toll from the explosion in Tianjin port on 12 August has increased to at least 42, with more than 400 injured, according to the local government and sate media. Nine firefighters died while containing the fire and many more were unaccounted for as of 10:30 h local time on 13 August,
  • Tianjin port gets back to work after deadly warehouse blasts
    Shanghai-listed Tianjin Port Holdings said its port work and operations were back to normal after mass explosions took place at a dangerous goods warehouse on the evening of 12 August. At around 23:20 h local time on 12 August, explosions occurred at the warehouse owned by Tianjin Ruihai

The Loadstarweb site
AUGUST 13, 2015
  • Lines report large numbers of containers destroyed after Tianjin port explosion
  • Maersk Line 'takes back' market share to grow second quarter profits
  • APM Terminals enters Colombia with investment in Cartagena operator Compas

Marine Logweb site
AUGUST 13, 2015
  • Boksa Marine Design wins research vessel contract
  • Austal USA marks milestone with LCS delivery
  • CLIA President steps down
  • Vard reels in contract to build gillnetter
  • Gladding Hearn delivers NYPD anti-terrorism boat

World Wide Shipperweb site
AUGUST 13, 2015
  • Port of Camas-Washougal seeks commissioner applications
  • Washington governor to lead trade mission to Korea, Japan
  • US rail freight traffic count posts loss during week
  • Freight transportation index loses ground during June
  • Panama Canal Authority pleased with labor deal

Lloyd's Listweb site
AUGUST 13, 2015
  • We want long-term charters for our product tankers, says Concordia Maritime's Ullman
    Longer charters would cement the niche trades to West Africa, Australia and New Zealand, says product tanker boss
  • Union lifts Panama Canal strike threat
    Third set of locks on course to open in second quarter of 2016, says ACP administrator
  • Maersk Tankers' result shows recent return to profit was no fluke
    Once almost a write-off, Maersk Tankers displays sustained stability
  • Russian sanctions hit HHLA hard
    Hamburg operator's ebit up 1.5% in the first half of 2015, but revenues and container volumes decline
  • Challenging market dents APMT's second quarter result
    But Hague-based operator still manages to achieve 10.9% return on invested capital
  • Western Bulk sees no near-term recovery in dry bulk
    Norwegian operator buys out partners in one handysize but is not rushing to invest in more steel
  • Höegh LNG sells FSRU Gallant for $370m
    Dropdown of the vessel into master limited partnership will help boost MLP to fund further growth for Höegh LNG
  • Yang Ming to raise up to $124m with bond sales
    Taiwanese carrier says funds will be used to repay debts
  • APMT takes stake in Cartagena Terminal
    Joint venture to invest $200m in upgrading and expansion to handle larger vessels transiting the Panama Canal from next year
  • Maersk Line to defend Asia-Europe trade share
    Update: Danish carrier still manages ROIC of over 10% despite price turbulence
  • Nam Cheong sees 63% decline in net profit for first half
    Malaysian offshore vessel builder and operator notes opportunity in shallow water infrastructure development
  • Maersk and MSC drop Asia-Europe loop
    Rate collapse forces 2M lines to cull more capacity
  • Maersk Group reports weaker second quarter
    Despite weak rates and low oil prices being blamed on lower performance, group retains full year expectations
  • Long range product tankers hit earnings peak
    LR2s are up at $55,000 per day on benchmark Middle East to Asia trade
  • Explosions near Tianjin port leave more than 44 dead and disrupts shipping
    Update: Local safety authority says that oil tankers and ships carrying hazardous materials are barred from entering port, while BHP Billiton says that iron ore shipping is affected

The Journal of Commerceweb site
AUGUST 13, 2015
  • Annual 'Super Bowl of Safety' kicks off in St. Louis
    St. Louis - Today, more than 430 of the nation's safest professional drivers began their pursuit of the most coveted title in the industry: Bendix National Truck Driving Championships Grand Champion at the 78th annual National Truck Driving Championships and National Step Van Driving Championships. "For millions of people, St. Louis was...
  • Element handles shipment of excavators from South Korea
    Element International Forwarding & Logistics are PCN members in Turkey and offer a wide range of project cargo and heavy lift services. They have recently handled a shipment of excavators from South Korea to Poti in Georgia. The cargo was loaded in Busan and carried using K-Line. The transshipment took place...
  • Port of Seattle signs historic lease with Norwegian Cruise Line Holdings
    SEATTLE - The Port of Seattle signed a historic 15-year lease today with Norwegian Cruise Line Holdings (NASDAQ: NCLH) parent company of Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The deal secures NCLH ships in Seattle for the full term of the lease and provides passenger volume...
  • Lower fuel prices shaped 2Q for truckers, shippers
    The 21 publicly owned motor carriers tracked by JOC.com barely increased their combined second-quarter revenue, raising it 0.6 percent from a year ago to $10.7 billion, but the combined operating profit of 20 of those carriers jumped a healthy 13 percent to $941 million. Moderate economic expansion combined with an extraordinary drop...
  • Avian flu causes 20 percent drop in US poultry exports
    Containerized exports of poultry through U.S. ports plunged 20 percent during the first half of 2015 because of a multistate outbreak of highly pathogenic avian influenza. Measured in 20-foot-equivalent units, first-half volume fell to 71,755 TEUs, according to PIERS, a sister product of JOC.com within IHS. In 2014, containerized poultry exports...
  • Port of Rotterdam invests €32 million in buoys and dolphins
    In the Caland Canal and the Botlek, the Port of Rotterdam Authority is working hard on the expansion and replacement of buoy berths and dolphin configurations so that they can become operational in the autumn. The buoys and dolphins in the port of Rotterdam reinforce the existing clusters in both...
  • LA-LB turn times improving, but truckers want even better
    The average time to complete a trucking transaction at Los Angeles-Long Beach port complex in July fell by four minutes from the prior month, but no one is celebrating. Even though the average turn time fell to 89 minutes, down from 93 minutes in June, the Harbor Trucking Association of Southern...
  • Planned Russia Black Sea port aims to grab Asia cargo from North Europe
    One of the largest Russian investment holdings is betting that it can lure cargo from Southeast Asia away from Northern European ports through a planned Taman seaport on the Black Sea - even after government backing faded. Forum Holding, one of Russia's largest investment holdings, plans to invest up to 30...
  • Virginia port expects peak season surge after healthy July
    Port of VirginiaPort of Virginia CEO John F. Reinhart said high volumes are expected through the summer-fall peak season after July traffic rose 8.8 percent year-over-year. Year-to-date volume through July was 1.47 million twenty-foot-equivalent units, a 10.1 percent increase. July marked the fifth consecutive month that Virginia handled more than 210,000...
  • CSX Ohio hub: An old intermodal idea becomes new
    Lawrence J. GrossHead south on Interstate 75 from Toledo and exit west onto Deshler Road in North Baltimore. As you head through the fields, you'll see what looks like a huge port facility, with giant wide-span overhead cranes. But there's no open water in sight. In fact, what you're seeing...
  • Niels W. Johnsen, retired International Shipholding chairman, dies at 93
    Niels W. Johnsen, retired chairman of International Shipholding Corp., died last Friday (Aug. 7) at his home in Rumson, New Jersey. He was 93. Mr. Johnson spent 60 years in the shipping industry. A New Orleans native, he attended Tulane University before joining the merchant marine after the outbreak of World...
  • Shipping Corporation of India profit surges
    Despite significant losses by its container carrying division, a buoyant tanker market coupled with cost-cutting measures to help Shipping Corporation of India post a whopping 230 percent profit increase in the April-June period from a year earlier to Rs. 163.54 crore (approximately $25.5 million). During the first quarter, the state-owned carrier lost...
  • Troubled Damco posts profit
    Damco headquarters in The Hague, the Netherlands.LONDON - Damco posted a rare profit in the second quarter as Maersk's troubled freight forwarding and logistics arm reaped the benefits of a radical restructuring program. The swing to a net operating profit of $7 million from a $32 million loss in the second...
  • Deadly Tianjin blast shuts down two container terminals
    Port of TianjinHONG KONG - Operations at two container terminals in the port of Tianjin have been suspended following the massive blast at a dangerous goods warehouse that has reportedly killed more than 40 people and injured hundreds.IHS country risk analyst David Yang said two container terminals in the Beijiang...
  • Maersk, MSC axe Asia-Europe service
    LONDON - Maersk Line and Mediterranean Shipping Co. are axing one of their Asia-Europe services in the latest cutback by carriers on the troubled route that is facing lower traffic and tumbling freight rates. MSC's Condor service jointly operated with its 2M Alliance partner Maersk will cease operation effective September 14. The...
  • APM Terminals' profit falls with Russian, West African volumes
    APM Terminals RotterdamLONDON - APM Terminals posted a sharply lower profit in the second quarter and downgraded its full-year earnings forecast as it trailed global market growth due to lower import volumes at its terminals in oil-dependent Russia and West Africa. The Maersk group's port arm made a net operating profit...
  • APMT expands to Colombia with Cartagena joint venture
    Compas CartagenaAPM Terminals has entered Colombia after joining forces with domestic terminal operator Compas S.A. to manage and operate the latter's existing multipurpose Cartagena Terminal. The Danish terminal operator, a subsidiary of Maersk Group, signed a joint venture agreement with Compas S.A. Thursday. The Compas S.A. Cartagena Terminal, the second-busiest container port...
  • Tumbling Asia-Europe rates drag down Maersk Line earnings
    HONG KONG - Rising container volumes carried by Maersk Line in the second quarter failed to offset plunging freight rates on the Asia-Europe trade, dragging the world's largest carrier to its first year-over-year decline in quarterly profit since 2012.The liner division's $507 million net profit was down 7.3 percent compared...
  • US freight volumes, shipper spending drop in early third quarter
    Freight volumes and shipper spending on transportation both dropped in July, as the shipping surge that filled trailers and intermodal containers from Easter through the Fourth of July dissipated in the summer doldrums. North American shipment volumes dropped 1.1 percent year-over-year and 1.6 percent from June, according to the July...

TradeWindsweb site
AUGUST 13, 2015
  • OSG settlement approved
    A US judge has given preliminary approval to a $16.3m settlement deal that will end most claims in the securities litigation over the tax issues that preceded Overseas Shipholding Group (OSG)'s 2012 bankruptcy.
  • Poseidon seeks withdrawal
    Poseidon Containers Holdings has asked US regulators to allow it to withdraw its initial public offering (IPO) papers.
  • Lauritzen deepens loss forecast
    J Lauritzen has deepened its full-year loss forecast after shouldering impairments on its dry cargo vessels in the first half of 2015.
  • Courage Marine loss grows
    Courage Marine reported a deeper second-quarter loss as the dry-bulk market and impairment charges clobbered the bottom line.
  • Rates tonic for Concordia
    Higher average daily income from its product carriers has secured bigger profit for Concordia Maritime during the second quarter.
  • Maersk axes AE9
    Denmark's Maersk Line is scrapping its AE9 service in favour of seasonal ship deployment between Asia and northern Europe.
  • Havyard cuts jobs
    Norwegian shipbuilder makes redundancies in order to survive in weak offshore market.
  • VLCC rate fall 'mostly noise'
    A crash in VLCC rates will be short lived with earnings likely to spring back in September, Clarksons Platou Securities says.
  • Bulker freed from arrest
    The Ukrainian owner of a bulker sold for scrapping to a company linked to Singapore-based cash buyer Wirana Shipping has stepped forward with funds to secure the vessel's release from arrest.
  • Ghosts haunt dry orderbook
    Ghost ships in the dry cargo newbuilding orderbook are hindering judgement of a market recovery, Jens Ismar says.
  • Van Oord banking $145m
    Dutch owner Van Oord has clinched a major dredging contract in Taiwan worth EUR 130m ($144.56m).
  • Maersk shares shoot up
    Shares in Danish conglomerate AP Moller-Maersk raced up today on the back of a strong second quarter report.
  • Topaz sees red
    Long-term investment in Africa hits Dubai owner's profitability in second quarter.
  • Tallink profit soars
    Estonian ferry company posts strong second quarter result thanks to cost-reduction moves.
  • Pan Ocean crashes to loss
    The cost of restructuring its operations has pushed Korean bulker owner to a big loss in the second quarter.
  • Glencore cuts capital spend
    Glencore has taken a red pen to its capital expenditure plans for 2015 to preserve cash in a weaker commodity market.
  • Ultrapetrol sells duo
    South American owner Ultrapetrol (ULTR) has offloaded two tankers as it slipped to a second quarter loss.
  • KNOP's profit slides
    Shuttle tanker owner logs small decline in Q2 earnings as it kicks off share buyback programme.
  • Ismar points to margins
    Western Bulk pointed to higher margins at its core chartering business as it reported a slightly larger quarterly loss.
  • AMSC makes more
    US tanker owner American Shipping Company (AMSC) has pushed up its net profit for the second quarter in a firm Jones Act market.
  • DVB loan losses rise
    German lender DVB Bank has seen loan-loss provisions rise in the first half due to persistently difficult shipping markets.
  • Hoegh Gallant drops down
    Norway's Hoegh LNG Holdings has agreed the first drop-down of an FSRU to its spin-off partnership.
  • Maersk buys back again
    Denmark's AP Moller-Maersk has revealed another huge share buy-back scheme a year after it launched its current programme.
  • Maersk profit chopped
    Danish giant "satisfied" despite lower oil price and weaker container rates hitting earnings in second quarter.
  • Tianjin port at standstill
    Shipping is at a standstill in Tianjin port following the massive explosion last night at a warehouse that has caused widescale damage, killed dozens of people and wounded hundreds more.
  • Nam Cheong dips
    Malaysian offshore shipbuilder and operator Nam Cheong saw revenue and profit dip in the first half of its financial year as low oil prices take their toll on the offshore sector.
  • Nam Cheong dips
    Shipbuilder still in the black despite revenue decrease.
  • Tianjin death toll increases
    Last night's massive explosion at the Chinese port of Tianjin is now reported to have claimed at least 17 victims, according to Chinese and international media sources.

American Shipperweb site
AUGUST 13, 2015
  • Maersk earns over $1 billion in quarter
  • Port of Virginia reports strong July cargo growth
  • Explosions rock Tianjin port

The Bunker Bulletinweb site
AUGUST 13, 2015
  • EU funds LNG bunkering hub project
    Aim is to make Greece 'a marine bunkering and distribution hub for LNG' in the region.
  • Explosion closes fuel terminals at Tianjin port
    'It is unknown at present when the terminals will re-open'.
  • Malaysia detains vessel carrying bunker fuel
    Authorities say Indonesian tankers docked in waters off Pengerang without authorisation.
  • Maersk Line profits fall
    Operating profit down 7.3% in Q2 but results still beat analyst expectations.
  • Profit falls for Maersk Line
    Operating profit down 7.3% in Q2 but results still beat analyst expectations.
  • Refiner to cut runs
    Players say bunker supplies unlikely to be squeezed.
  • Latest figures stir fears of more prolonged fuel oil glut
    Fuel oil inventories in Singapore have reached a new high.
  • Cruise line's decision will 'boost bunkering'
    Gibraltar to be used as 'turnaround port'.
  • Singapore bunker sales hit 15-month high
    Demand strengthens for LSMGO, 380 cSt and180 cSt grade fuels.
  • Latin American group to enter regional LNG bunkering market
    Infrastructure development underway.
  • SCI records leap in profits
    Amid improved tanker market and reduced bunker expenses, it says.
  • China fuel oil stocks fall
    Volume down by 1.4% to 2.74 million mt.
  • SCI records 'quantum leap' in profits
    Amid improved tanker market and reduced bunker expenses, it says.
  • Marginal decrease in China fuel oil stocks
    Volume down by 1.4% to 2.74 million mt.
  • Malaysia: Upgraded fuel oil storage facility comes 'on stream'
    Project completion on track.
  • Crude rebounds from six-year-low
    On news that global oil demand growth in 2015 will be the strongest in five years.
  • IEA: Demand for oil rising at fastest pace in five years
    OPEC producers plan to keep production levels elevated while non-OPEC production is expected to slow in 2016.
  • Matrix Bharat Pte Ltd hires India-based bunker trader
    Rahul Tiwari is the firm's newest addition.

›››File
FROM THE HOME PAGE
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
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