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Independent journal on economy and transport policy
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BRIEFS
October 23, 2015
Sched Netweb site
  • Maersk plans to raise Asia-Europe rates 429pc to US$1,000/TEU from November 1
  • CMA CGM levies Asia-Mideast US$100/TEU rate hike effective November 1
  • CMA CGM announces US$450/TEU War Time Surcharge to Yemen via Aden
  • Gloomy outlook for containership charter rates
  • Haifa Port hosts 2M Alliance's 10,500-TEU 'Gustav Maersk'
  • Shandong's Landbridge to operate Australian Port of Darwin for 99 years
  • Japanese box trade expected to shrink more, says Nippon Express unit
  • Euroseas scraps 2,228-TEU Tiger Bridge containership for $2.9 million
  • CP Rail quarterly profit falls 19pc to US$245 million as sales rise 2pc
  • Hanjin Shipping, HMM to raise exposure to container shipping market
  • CEVA lands US$400 million warehousing, DC worth from four retailers
  • HKIA cargo volume in September up 1pc putting stop to downward trend
  • Global air freight volumes show slowing growth in second quarter
  • Australia's Toll Group opens new office in Munich, Germany

Exim Indiaweb site
OCTOBER 22, 2015
  • Liner reliability attains a new high in Sept.
  • World's commercial shipping fleet grew at lowest rate in 10 years in 2014, shows new UNCTAD data
  • Sri Lanka wants additional Chinese investment to revive Hambantota Port
  • Lenders may reject NHAI's one-time funding to revive highway projects worth INR 450 bn: India Ratings
  • M&M launches intra-city logistics aggregator
  • New block train service from China to Moscow's MANP terminal takes 8 days
  • SARR Freights facilitates new transportation route & sets stage for continued growth
  • Cabinet approves signing of maritime agreement between India & Egypt
  • Railways to speed up project awarding process

International Transport Journalweb site
  • Postal portfolio
  • Half steam ahead!
  • Smartphone on wheels
  • New PPG members in Portugal and Honduras
  • Key projects to raise railfreight competitiveness
  • Mauritius evolving into bunker hub
  • FAA raises Nicaragua safety rating
  • Cilt names new CEO
  • Evonik and duisport combine forces
  • Service changes in response to upcoming PTC deadline
  • No summertime blues for NSA
  • LH to serve San Jose before BA
  • Eurotunnel fighting for favourable results
  • Unfurling intermodal flag in Hungary
  • Baca selects best cargo charter airline
  • Rolling stock spare parts shipping starts to Iran
  • Maritime crime keeps on rising in Asia
  • Aeroflot adding capacity to Dubai

IHS Maritimeweb site
OCTOBER 22, 2015
  • Carnival continues Chinese expansion
    NYSE-listed Carnival Corp has signed a deal with China State Shipbuilding Corporation (CSSC) to create a Chinese domestic cruise line. The partnership, unveiled at a signing ceremony in London on 21 October, aims to accelerate the growth of China's domestic cruise industry. This is a market
  • Damen moves 22 ships in single load
    Dutch shipbuilder Damen Shipyards Group has just completed its largest-ever shipment of completed ships, bringing 22 vessels from Asia to Europe in a single load aboard heavy-lift vessel Happy Star. Happy Star began its journey in Shanghai but took on additional vessels in the Vietnamese ports of
  • DSME's debt ratio could exceed 4,000% as greater loss expected
    Embattled South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering's (DSME's) debt ratio could be higher than 4,000% as its full-year loss for 2015 could be worse than earlier predicted. Following due diligence by its major creditor and shareholder Korea Development Bank (KDB), it was
  • ICBC clinches $869m ship-leasing deal with BP
    Chinese state-owned bank ICBC has clinched a deal with oil giant BP worth USD869 million for the 10-year lease of 18 oil tankers. The leasing contract is reported to be the biggest financial deal completed by BP Shipping, BP's maritime unit, and was signed yesterday with ICBC Financial Leasing. BP
  • HMM plots cruise comeback
    Hyundai Merchant Marine (HMM), which has been working to boost its liquidity, could return to the cruise business in 2016. The company, whose core business is container shipping, recently divested its LNG, dry bulk and US container terminals and other assets as part of a move to raise KRW3.3
  • Hyundai Mipo expected to return to profitability for 3Q15
    South Korean shipbuilder Hyundai Mipo Dockyard (HMD) is expected to post a profit for the third quarter of 2015 (3Q15), a year after it suffered its worst ever quarterly result, an analyst has forecast. KDB Daewoo Securities analyst Sung Ki-jong said that HMD has overcome the problems that caused
  • Piracy monitor reports incidents up by 25%
    Singapore-based anti-piracy agency, ReCAAP Information Sharing Centre (ReCAAP ISC) has recorded a total of 161 incidents of piracy and armed robbery against ships in Asia during January-September 2015. The total incidents for January-September 2015 reports marked a 25% increase year-on-year as
  • Hong Kong approves measures to ease port congestion
    The Hong Kong government is taking a series of measures to enhance the use of back-up land at the Kwai Tsing terminals, which it believes will alleviate port congestion and improve cargo handling efficiency and overall competitiveness of the Port of Hong Kong. Four sites totalling 15.2 ha in size
  • Atlas Iron ramps up production
    Atlas Iron in Australia's Pilbara Port announced on 22 October that it has boosted iron ore production by 72% in the September quarter. The mining company was forced to shut down operations last year when the price of iron ore collapsed, leading to fears that the market slump was going to severely
  • Singapore pushes for R&D to become next-generation port
    Singapore will pursue world-class research and development (R&D) projects to be a "next-generation port". Maritime Port Authority of Singapore (MPA) CEO Andrew Tan, addressing about 200 participants at the 5th Singapore Maritime Institute Forum, said the port should not be complacent after being

The Loadstarweb site
OCTOBER 22, 2015
  • Signs of shareholder revolt after directors recommend UTi Worldwide sale to DSV
  • 'Time to wake the sleeping giant that is Africa', says Kenyan air cargo carrier boss
  • G6 Alliance follows 2M in cutting back transatlantic container shipping capacity

Marine Logweb site
OCTOBER 22, 2015
  • HHI wants more money, more time for Fred Olsen semi
  • CARB approves barge mounted alternative to shore power
  • Vital bridge equipment: Digital camera
  • Wartsila sees marine market remaining challenging
  • Austal launches first of two HSSVs for Oman
  • China-Taiwan ship finance deal funds Foremost newbuilds

World Wide Shipperweb site
OCTOBER 22, 2015
  • Northwest Seaport Alliance eyes upgrades to Terminal 5
  • Port of Everett schedules 2016 budget public hearing
  • CMA CGM adding Wellington to Panama Direct Line service
  • Port of Portland plans to donate Ross Island acreage to Portland Parks
  • US rail freight traffic numbers head lower during week

Lloyd's Listweb site
OCTOBER 22, 2015
  • Shanghai needs more reforms to become international shipping centre
    Local research body urges more government efforts in policy innovation, tax reduction and ship emission control
  • Finance chief says Vale may sell more valemaxes
    Brazil's mining giant still positive on China
  • Pappas to seek Supreme Court appeal in OW Bunker test case
    Ruling could mean bunker suppliers rewrite terms of business, says Robert Bright QC
  • Hyundai demands $167m payment from Fred. Olsen Energy
    Fred. Olsen Energy says South Korean shipbuilding giant's claim is unfounded as legal spat ratchets up
  • Piraeus goes ahead with towage strike
    Thessaloniki services operate despite expected disruption
  • Sembmarine revenue and profit tumble
    Depressed offshore exploration market weighs on rigbuilder's results
  • Court of Appeal upholds OW Bunker Sale of Goods Act ruling
    Crucial test case goes against Pappas affiliates backed by UK Defence Club
  • DNB cuts loan volume on special monitoring
    Positive trend for shipping in third quarter, says industry's biggest lender
  • Singapore mulls two-tiered terminals for Tuas port development
    Underground storage for high value added items also under consideration
  • Wärtsilä results reflect market uncertainty
    Orders down for Finnish engineering firm as market sentiment on technology and newbuildings drops
  • Maersk forges maritime alliance with Indonesia
    Pact to bolster development of eastern Indonesia
  • Mauritius' 1m tonne bunker hub target 'ambitious'
    Restrictions to export growth remain, says Total Marine Fuels global sales and development director Frédéric Vazzoler
  • Second lawsuit filed against Tote
    Family of deceased third mate Jeremie Riehm did not specify how much it was seeking in damages
  • Carnival plans China cruise brand
    Joint venture with Chinese partners to invest $4bn in the first 10 years of the deal
  • Vietnam to reduce congestion at Ho Chi Minh City ports
    Maritime authorities to divert ships to underutilised Cai Mep-Thi Vai port
  • BP and ICBC Leasing sign $869m tanker deal
    Ten-year bareboat charter for 18 vessels is part of BP's 2012 fleet renewal scheme
  • BP in $10bn gas tie-up with Chinese power producer
    Supply of 1m tonnes LNG per year over 20-years underscores China's continued demand for energy supplies
  • Costamare results beat expectations
    Greek owner and US hedge fund eye more deals after snapping up two feeders

The Journal of Commerceweb site
OCTOBER 22, 2015
  • NY-NJ port authority signs off on GCT Bayonne ship-to-rail facility
    The Port Authority of New York and New Jersey's board approved an agreement Thursday that will allow construction to proceed on a ship-to-rail facility adjacent to the semi-automated GCT Bayonne terminal. The project will complete the port authority's $600 million ExpressRail initiative to provide all of the port's major marine terminal...
  • Auto part import growth from Mexico drives steady recovery
    Cross-border shipments of auto parts from Mexico are outpacing growth in containerized imports through U.S. ports in a market roiled by West Coast port congestion and diversion to air freight during the first half of this year. Mexico's share of the value of U.S. auto parts imports rose to 33.8 percent...
  • Weak peak season, West Coast diversions hurt UP intermodal
    Months after the protracted labor negotiations that disrupted port operations on the U.S. West Coast came to an end, Union Pacific Railroad said West Coast diversions were still taking a toll on intermodal volume in the third quarter. Adding to the pain, import demand dropped off in the quarter due to...
  • Costamare on acquisition trail
    LONDON - Costamare, the Greek charter containership owner, said it is on the acquisition trail as it unveiled lower third-quarter income and revenue. The NYSE-listed company booked net income of $34.8 million in the three months through September, down from $37 million a year earlier, on voyage revenue of $124 million...
  • TPM 2016
  • Time to get on-dock rail on track
    There's one potential solution to the congestion the ports of Los Angeles-Long Beach and New York-New Jersey face that rarely gets discussed amid talk of chassis pools, truck appointments and extended gate hours. It would relieve pressure on terminal gates, on chassis and on drivers. Though it would involve investment,...
  • Eurotunnel freight down a third on migrant crisis
    LONDON - The number of freight trains using the tunnel between the U.K. and France declined by 33 percent in the third quarter largely due to the migrant crisis at the port of Calais. Eurotunnel, the operator of the tunnel, said rail operators were periodically forced to suspend traffic overnight as migrants attempted...
  • Gati profit plummets on higher operating costs
    Gati Ltd., India's leading express distribution and supply chain solutions provider, reported its group net profit in the second quarter of fiscal 2015-16 fell 16.5 percent year-over-year to $892,000 from $1.07 million. Total operating revenue during July to September fell 1.7 percent from a year earlier to $62.4 million, the company...
  • Greek ports face two days of stoppages from towage union strike
    HONG KONG - Two days of strike action by towage workers will bring ship movements in Greek ports to a standstill Thursday and Friday, Inchcape Shipping Services has warned.The maritime and cargo services company said in an advisory to customers that work stoppages announced by the Crew Union of Towage...
  • China's huge Singles Day shopping festival to test logistics network
    HONG KONG - China's logistics and courier services are preparing for Alibaba's annual Singles Day online shopping frenzy on Nov. 11 that last year saw 278 million orders placed in just 24 hours and sorely tested the mainland's distribution network.The e-commerce giant this year expects the Global Shopping Festival, as...
  • Maersk inks deal to grow cargo flows in Indonesia's remote east
    A Maersk Line ship at eastern Indonesia's Bitung port.HONG KONG - The Maersk Group today signed a letter of intent with the Indonesian government to improve the flow of cargo through the eastern port of Bitung and speed up maritime and economic development of the under-served region. Indonesia's ministries of...
  • China's huge Singles Day shopping festival to test logistics network
    HONG KONG - China's logistics and courier services are preparing for Alibaba's annual Singles Day online shopping frenzy on Nov. 11 that last year saw 278 million orders placed in just 24 hours and sorely tested the mainland's distribution network.The e-commerce giant this year expects the Global Shopping Festival, as...
  • Port operators lukewarm to latest Hong Kong congestion reduction effort
    HONG KONG - Hong Kong government measures to enhance the use of back-up land at its Kwai Tsing terminals, which it hopes will alleviate congestion and improve cargo handling efficiency and competitiveness of Hong Kong, have drawn a lukewarm response from port operators.Container terminal operators welcomed the measures but noted...
  • Maersk inks deal to grow cargo flows in Indonesia's remote east
    A Maersk Line ship at eastern Indonesia's Bitung port.HONG KONG - The Maersk Group today signed a letter of intent with the Indonesian government to improve the flow of cargo through the eastern port of Bitung and speed up maritime and economic development of the under-served region. Indonesia's ministries of...

TradeWindsweb site
OCTOBER 22, 2015
  • Panel: bulkers' pain to last for several years
    Executives from bulker firms see long downturn as capacity remains too high, and resale values depressed.
  • Brazil panel votes for deeper yard probe
    Petrobras inquiry calls for closer look at Keppel, SembCorp Marine and Kawasaki Heavy.
  • GATX puts laker owner ASC up for sale
    Railcar leasing company plans to divest American Steamship Co as revenue and earnings fall.
  • Cash set to flow from Avance, analyst says
    Danske Bank says 25% of its market capitalisation could be paid out by early 2015.
  • Nakilat ups earnings
    Qatar LNG carrier owner boosts nine-month profit 9% through lower operating costs.
  • Skaugen speaks out
    CEO of Norwegian company sees many similarities with VW case in engine row; MAN not entering the debate.
  • Rem shifts one from spot market
    Norwegian shipowner finds term work for new PSV in Barents Sea.
  • DryShips makes $130m offshore play
    George Economou lending his US-listed company $50m to buy six-ship fleet of Nautilus OffShore Services.
  • DNB's shipping loan loss grows in Q3
    Norwegian bank says impairments from its marine business rose during the third quarter.
  • DryShips makes offshore play
    George Economou lending his US-listed company $50m to buy six-ship fleet of Nautilus Offshore Services.
  • DNB's shipping loan loss grows
    Norwegian bank says impairments from its marine business rose during the third quarter.
  • Cash to flow from Avance
    Danske Bank says 25% of its market capitalisation could be paid out by early 2015.
  • ER Offshore lays up five
    German owner sends supply ship to Bremen; stacks four others off Trinidad.
  • Tanker stocks to tune in with spot rates
    Evercore ISI says stellar earnings season will help close the gap between tanker equities and cash flow.
  • Syrian shipping surges
    More than 100 vessels have called in war-torn country this month as Russia intervenes.
  • Keppel slides in Q3
    Shipbuilding division of Singapore group sees quarterly net profit squeezed by a third.
  • "El Faro debris" washes up
    Bahamas says items found on beaches could be from sunken ro-ro.
  • Greek company count down as big firms grow
    Petrofin Research data shows the Hellenic fleet has increased but the ships are in fewer hands.
  • Wartsila pushes up profit in tough markets
    Finnish ship systems group increases Q3 earnings despite fall in order intake.
  • Sembcorp profit slumps in third quarter
    Singapore-listed rig builder sees bottom line retreat; warns Brazilian market "fraught in uncertainty".
  • Four crew kidnapped
    Nigerian pirates abduct captain, first officer and two others from Russian reefer off Port Harcourt.
  • Noryards Fosen to file
    Norwegian shipbuilder petitions court for bankruptcy after losing Boa IMR order.
  • BP seals $869m Chinese tanker deal
    UK owner to lease 18 ships from China's ICBC over 10 years as it renews fleet.
  • Greece faces port strike
    Vessel movements to be hit as tug crews walk out over two days this week.
  • BP seals $869m tanker deal
    UK owner to lease 18 ships from China's ICBC over 10 years as it renews fleet.
  • Costamare and York pick up two more
    New York listed owner and private equity partner add second hand brace and eye further deals.

American Shipperweb site
OCTOBER 22, 2015
  • ITC rules Mexican sugar imports harm domestic producers
  • G6 Alliance suspends transatlantic loop
  • Commerce starts investigation of India pressure pipe imports
  • House reps form Congressional Freight Caucus
  • CaroTrans launches 11 new China-U.S. LCL import services
  • September volumes jump 28% at AirBridgeCargo Airlines
  • Port of Cleveland orders 2 new mobile harbor cranes
  • Union Pacific sees drop in Q3 earnings
  • APMT Izmir facility receives new cranes
  • Lower coal traffic forces operations cuts at CSX
  • Charleston forwards 'Post 45' harbor deepening plan to OMB
  • FMC issues final rule on regulation of OTIs
  • ATA: Lowering age restriction could ease truck driver shortage
  • CP net income falls despite record Q3 revenues
  • Schank leaves DC think tank to help run L.A. Metro

The Bunker Bulletinweb site
OCTOBER 22, 2015
  • OW: London appeal case upheld
    Shipowner bringing case does not have title to bunkers.
  • Fuel oil stocks up 40% year-on-year
    Singapore stocks climb week-on-week.
  • Gibraltar: Offshore LNG bunkering challenge
    Call for safety report ahead of LNG bunkering.
  • ECAs: 'Penalties have to be tougher'
    'At the moment there is a huge incentive for ship owners to be non-compliant.'
  • Profit up for Wartsila
    But engine maker reports fewer orders.
  • Infrastructure could thwart Mauritian bunker ambitions
    Floating storage an option.
  • Dry Bulk: 'Don't look for an increase in freight rates'
    'Bulk freight operators should focus on cutting costs.'
  • Sulphur and other shipping regulations 'increase CO2'
    'One regulation will have a negative impact on the other' says shipping executive.
  • Emissions: Unpredictability of politicians is 'truly frightening'
    Rift between politicians and shipping industry players over emissions is becoming increasingly raucous.
  • NOAA vessel upgraded with fuel tracking system
    Fifth NOAA vessel using VFMMS, says Krill Systems spokesman.
  • Georgian bunker player seeking international partner
    To develop physical supply market.
  • EU official: Shipping must take its fair share of CO2 cuts
    Says it is naive to think necessary global CO2 reduction can be achieved if aviation and shipping are left out of Paris deal.
  • Zeebrugge plays 'leading role' in LNG bunkering
    Port has been a gas hub for over 27 years, says APMT spokeswoman.
  • Crude decreases as US output falls
    US production 'is almost back down to the level pumped in November 2014'.
  • LNG-fuelled ConRo vessel construction reaches milestone
    LNG bunker tanks fitted onto vessel at VT Halter Marine shipyard.
  • Bunkers International brings vessel to court
    Singapore-based shipowner involved in dispute.
  • Crude decreases as OPEC mulls reducing US output
    US production 'is almost back down to the level pumped in November 2014'.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
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
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
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
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
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
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.
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.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
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
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.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
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
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
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%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
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.
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.
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
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
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
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.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
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
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
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.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
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%)
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
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%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
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.
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
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.
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%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
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.
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
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
An Iranian merchant ship was hit in the Strait of Hormuz
Tehran/Southampton
One sailor died and four other crew members were injured.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
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
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.
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.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
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
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
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
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
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.
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
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
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
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.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
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
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.
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
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
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
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.
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
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%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
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
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
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
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
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
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%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
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
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
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
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
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
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%
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
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
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
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
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.
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