BRIEFS

testata inforMARE

13 September 2026 - Year XXX

Independent journal on economy and transport policy

23:13 GMT+2

BRIEFS

August 14, 2015

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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

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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

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New generation, old paradigms Aviation Star Wars on the river Elbe Shipping

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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

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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

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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

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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

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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

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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...

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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.

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

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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

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.

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.

ACCIDENTS

A bulk carrier hit by a shell in the Strait of Hormuz

Southampton/London

One crew member is reportedly missing.

PORTS

This year, 800,000 cruise passengers are expected in Messina.

Messina

Passengers make a direct expenditure of almost 16 million euros in the city

PORTS

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%)

INTERMODAL TRANSPORT

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.

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