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Independent journal on economy and transport policy
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BRIEFS
August 27, 2015
Sched Netweb site
  • G6 cancels two Asia-Med sailings because of low October demand
  • Hapag-Lloyd back in the black with US$180.9 million profit after 2014 net loss
  • Kerry first half profit up 11pc to US$69.9 million as revenue rise 2pc
  • Hugh chemical explosion China rocks in eastern Shandong province
  • Shippers say scrap slow steaming, but owners fear excess capacity produced
  • 18-metre draft a game changer for German port of Wilhelmshaven
  • Tauranga port annual profit up 1pc to US$52.8 million, revenue flattens
  • Damco to provide logistics services to lift manufacturer KONE
  • Svitzer branches out from Europe, Australia to focus on AMEA
  • European ports to discuss infrastructure development at Rotterdam meet
  • Air China to start 4 weekly Beijing-Mumbai nonstop flights from October 25
  • Boeing sees China demand at 6,330 aircraft worth nearly US$1 trillion
  • Pakistan Customs signs deal to get online with IATA customs clearance EDI

Exim Indiaweb site
AUGUST 26, 2015
  • Ethiopian Shipping Line revives ex-im container traffic at Kandla Port
  • GMS supports DSA stance on beaching
  • NYK's Ship Information Management System recognised with special award
  • United Heavy Lift committed to serve the Indian trade: Lars Rolner
  • AKBTL-operated Tuna port receives 1st fertiliser cargo vessel
  • Major Ports handle 24 pc more thermal coal in April-July
  • Tacoma & Seattle ports launch Northwest Seaport Alliance
  • JM Kothari Multi Modal Logistics commences domestic container operations at DICT
  • Visakhapatnam can be developed as a major logistics centre: Sitharaman
  • GAIL (I) may revive LNG supply deal with Iran signed in 2005
  • INR turns moderately weak against dollar

International Transport Journalweb site
  • Greening up Britain with eco-vans
  • Mosolf Group mourning loss of company founder
  • In a clinch with Aussie dockers
  • Rolling between China and Europe
  • Unusual measures to enhance port accessibility
  • Canada Post: parcels up, revenues down
  • Airport upgrade in Northern Namibia
  • Dutch helmsman for German shipping company
  • New sailing augments Gothenburg's offer
  • Meticulous carrier maintaining standards
  • Logistics outsourcing service in place
  • Imperial closing business year on optimistic note
  • First carrier to operate both types of the B747-8
  • Nat-ops manager recruited in Japan
  • HL maintains profitable course in H1/2015 Shipping
  • New owner for short line rail operator

IHS Maritimeweb site
AUGUST 26, 2015
  • Frontline 2012 posts higher Q2 profit
    Frontline 2012 has reported an improved second-quarter net profit, although its first-half performance sagged from the same period last year. Lifted by better earnings from its growing product tanker fleet, the company's second-quarter net profit totalled USD136.6 million, up from USD23.1 million
  • Tianjin cost set to eclipse Costa Concordia
    An explosion and fire that devastated the Chinese port of Tianjin could cost the insurance industry more than USD2 billion, its estimated bill from the Costa Concordia, according to ISA Surveys. For the Tianjin disaster, the marine cargo surveyor estimates that motor losses alone will top USD300
  • Tanjung Offshore returns to profit in Q2
    Tanjung Offshore posted a net profit of MYR1.7 million (USD400,000) for the second quarter of 2015, reversing a loss of MYR1.2 million in the same quarter last year. But the Malaysia-listed offshore services provider's earnings have slipped with the completion of various engineering equipment
  • Suez Canal tailbacks from grounded bulker ease
    Suez Canal traffic is now moving freely in both directions, after the grounding of a southbound bulk carrier on 25 August had caused delays and tailbacks. Inchcape Shipping Services (ISS) told IHS Maritime that the 175,620 dwt Mineral Faith, which grounded at 14.30 at KM101, has yet to be refloated
  • Busan eyes 2.8 million cruise passengers by 2020
    South Korea's Busan port has set a goal of welcoming 2.8 million visitors annually by 2020. The Ministry of Oceans and Fisheries and Busan Port Authority announced this target on 26 August with the inauguration of a new passenger terminal. "The opening of the new international passenger terminal
  • Havyard reports 'low expectations' with Q2 loss
    Havyard has reported a second-quarter loss, despite cutting its working week and diversifying production amid a tough market for offshore services. The listed Norwegian shipbuilding group posted a second-quarter net loss of NOK14 million (USD1.7 million), reversing a profit of NOK15 million a year
  • Vietnam to approve dredging project at Cai Mep
    Vietnam's shipping department has drafted a proposal to dredge Cai Mep via the Thi Vai passage for 100,000 dwt vessels. The department expects the dredging project to cost about VND6.4 trillion (USD283 million) and is seeking approval from Vietnam's ministry of transport. In the meantime, the
  • HHI yard at a standstill over wage freeze
    Hyundai Heavy Industries (HHI) suspended production at its Ulsan shipyard on 26 August after workers downed tools over a proposed wage freeze. HHI's management told the union during negotiations on 27 July that the company cannot afford to increase remuneration amid the current market. "It would
  • Frontline seeks M&A opportunities
    Frontline is looking to grow further through "acquisition and consolidation", its board has revealed after the listed VLCC and Suezmax operator swung back into profit. Part of John Fredriksen's business empire, Frontline had announced on 2 July its agreement to merge with Frontline 2012 to form an
  • Oriental Energy clinches VLGC deal with Hartmann Schiffahrts
    Shenzhen-listed Oriental Energy, a Chinese liquefied petroleum gas (LPG) trader, has secured a vessel chartering deal with Hartmann Schiffahrts, which was approved by its shareholders. The deal over five very large gas carriers (VLGCs) was approved by its shareholders in the first half of 2015, a
  • Coastal Contract's net profit tumbles 27.8%
    Malaysia-listed shipbuilder Coastal Contract's net profit for the second quarter of 2015 declined 27.8% year on year (y/y) to MYR34.8 million (USD8.2 million), while its revenue dipped 32.3% y/y to MYR164 million. Similarly, its gross profit also declined 36% y/y to MYR31.4 million. The company
  • China to cut seven shipping-related expenses
    The Chinese government will slash seven shipping-related charges beginning 1 October. The Ministry of Finance and National Development and Reform Commission (NDRC) on 24 August announced that the seven are: port fee, escort fee for special vessels and marine projects, temporary ship registration

The Loadstarweb site
AUGUST 26, 2015
  • Hapag-Lloyd: 'profits from a challenging Q2 prove our merger with CSAV was right'
  • United spots a gap in domestic market and launches ground handling services

Marine Logweb site
AUGUST 26, 2015
  • And the survey shows: Many seafarers dread port calls
  • USCG to crack down on illegal passenger boats
  • Austal reports record profit
  • NTSB reports on sinking of 34 year old tugboat
  • World's longest cable ferry to go in operation this fall
  • Ulstein launches giant Chouest/Island OCV

World Wide Shipperweb site
AUGUST 26, 2015
  • Keel for second Crowley LNG ship laid at VT Halter Marine shipyard
  • US rail freight traffic posts gains during week
  • Inchcape Shipping Services reports Suez Canal delays
  • Construction work expands to evenings at Port of Olympia marine terminal
  • OOCL marks christening of new 8,888 TEU box ship

Lloyd's Listweb site
AUGUST 26, 2015
  • Leading scientist questions IMO focus on black carbon regulation
    Black carbon is a health issue, but not a top cause for global warming, says WCRP chief
  • SFI hikes dividend for third consecutive quarter
    Mixed fleet owner gets profit boost from sale of Horizon Lines paper
  • CSSC Offshore & Marine Engineering losses widen
    Losses on impairment of assets surged nearly 378% year on year to Yuan230.1m
  • Cruiseships sail in Arctic waters with no charts
    Expedition cruise operators using crowd-sourced sonar data to gain picture of shallow water depths
  • Major losses up in first half, Cefor finds
    But overall casualty trend remains positive, says Nordic insurance trade body
  • Frontline to answer questions on its merger and markets
    ANALYSIS: Growing trend on Wall Street in favour of larger-cap shipping companies with homogeneous fleets
  • Svitzer orders six ASDs from Turkey's Sanmar
    Move designed to fulfil contractual commitments, says tug giant
  • Allianz hires Rathaur for marine risk role
    Former master has 20 years of industry experience
  • Papaeconomou strengthens Lloyd's List global value
    Experienced industry insider joins Lloyd's List to watch US shipping developments
  • Nordic Shipholding books first-half return to profit
    Tanker operator upgrades forecasts and looks to expansion
  • Frontline sails through second quarter as rates hold steady
    Frontline and Frontline 2012, merged this quarter, are 'in position to start returning cash to shareholders'
  • Dalgaard to head up Gulftainer's ambitious growth plans
    Former DP World executive switches to rival UAE group to develop overseas portfolio
  • Cosco Pacific records 12% growth in first half profit
    Total container throughput increased by 4.2% year on year
  • Hapag-Lloyd posts $181m first-half profit as CSAV benefits kick in
    Update: IPO on hold as stock markets collapse but German line lifts savings forecast from synergies with Chilean line

The Journal of Commerceweb site
AUGUST 26, 2015
  • Record NY-NJ port volume bodes well for peak season
    The Port of New York-New Jersey posted double-digit container growth again in July, breaking the import record it set in May and illustrating how U.S. West Coast diversions are positioning the top U.S. East Coast port for a healthy peak season. The port saw overall traffic jump 14.1 percent on a...
  • Shippers reducing cargo footprint via mega-ships
    MSC Oscar, the largest container ship currently in service.It is common knowledge by now that shippers and carriers benefit from the lower transportation costs that large container ships offer, but a new report makes a strong argument that mega-ships are significantly reducing the carbon footprint of ocean shipping. This is important...
  • LTL trucker Holland expands, enhances terminal network
    Regional less-than-truckload carrier Holland is upgrading its terminal network, opening a new, built-from-the-ground-up 110-door facility in Grand Rapids, Michigan and working on systemwide improvements to improve freight flow as business levels rise "consistently." The new terminal, which replaces an older, smaller facility, will enhance Holland's service in southwestern Michigan but also...
  • NY-NJ port top loader operator accused of killing fellow worker while drunk
    New Jersey officials say the driver of a top loader was drunk when the heavy equipment struck and killed a dockworker at APM Terminals' facility in the Port of New York and New Jersey earlier this month. Victor Belo, 48, turned himself into the authorities Monday and faces a second-degree charge...
  • US intermodal volume growth hits fastest pace in months
    Last week U.S. intermodal volume growth hit its fastest pace in roughly two months. U.S. intermodal traffic for the week ending Aug. 22 rose 5 percent year-over-year, hitting 278,972 units, according to the Association of American Railroads, the largest U.S. rail lobby. It's the best growth American railroads have seen in...
  • G6 restores Sweden-Asia service as volume builds
    Port of Gothenburg, SwedenThe G6 Alliance is starting a new service from Asia to Sweden, a sign that there are some bright spots on the ailing Asia-Europe trade lane. The weekly service marks the first time the alliance has called the Port of Gothenburg since 2012. While the overall Asia-Europe...
  • Tianjin port explosions could be most expensive maritime disaster
    A building damaged by the Port of Tianjin explosion.An explosion and fire that devastated the Chinese port of Tianjin, the 10th-busiest global container gateway, could cost the insurance industry more than $2 billion, making it one of the most expensive maritime disasters ever, according to a London market underwriter. The catastrophe...
  • G6 restores Sweden-Asia service
    Port of Gothenburg, SwedenThe G6 Alliance is starting a new service from Asia to Sweden, a sign that there are some bright spots on the ailing Asia-Europe trade lane. The weekly service marks the first time the alliance has called the Port of Gothenburg since 2012. While the overall Asia-Europe...
  • Gulftainer taps former Maersk, DP World exec to lead global operations
    Gulftainer has appointed a former Maersk Line and DP World executive as CEO of GT International, its international operations division, as the container terminal operator expands its global footprint. Flemming DalgaardFlemming Dalgaard spent 22 years with Maersk Line in various positions before joining DP World as senior vice president/managing director for...
  • Vietnam moves closer to deepening channel serving Cai Mep
    Tan Cang - Cai Mep Container Terminal, VietnamVietnam's shipping department has drafted a proposal to deepen the Thi Vai passage, allowing Cai Mep container terminal to handle larger vessels. The department, which is seeking approval from Vietnam's Ministry of Transport, expects the dredging project to cost about $283 million and allow...
  • Delaware River ports seek to capitalize on growing volumes
    Come next April, only one container terminal along the Delaware River will be ready to handle the larger post-Panamax ships transiting the new Panama Canal locks. And, although the Packer Avenue Marine Terminal in the Port of Philadelphia is preparing to welcome the mega-ships, it won't be able to handle...
  • Hueneme gets $1.5 million in aid to boost Latin, Central Americas traffic
    Reefer operations at Port of HuenemeThe Port of Hueneme has been awarded nearly $1.5 million in U.S. federal dollars to its infrastructure in the hopes of boosting imports and exports - specifically to and from Central and Latin America - through the Southern California port. U.S. Secretary of Commerce Penny Pritzker...
  • China repeals shipping-related charges to galvanize trade
    The Chinese government will slash seven shipping-related charges beginning in October in an effort to jump start trade as the government grapples with an economic slowdown. The Ministry of Finance and National Development and Reform Commission Tuesday announced the seven areas would be: port fees, escort fees for special vessels and...
  • JNPT unable to shake congestion in lead up to strike
    Trucks lined up outside JNPT.Logistics providers out of Jawaharlal Nehru Port Trust continue to report excessive truck delays and serious yard congestion at the terminals in India's biggest container gateway, largely the result of a freight buildup following the week-long shutdown of APM Terminals-operated Gateway Terminals India. In its latest trade advisory...
  • CEVA launches direct Singapore-New York LCL service
    HONG KONG - CEVA Logistics is developing its global consolidation operations and less-than-container-load services, and has announced the launching of a weekly LCL offering from Singapore to New York.It is CEVA's first guaranteed weekly service direct to the U.S. from Singapore as part of the company's plan to grow its...
  • Hapag-Lloyd earnings up as CSAV makes its presence felt
    HONG KONG - Hapag-Lloyd's integration with CSAV dominated the new entity's first-half results, with the group posting $180 million in net profit and a 45 percent increase in revenue compared to the first six months of last year.The solid profit was a major turnaround from the first half of 2014...
  • Hutchison Australia unit explains midnight text message layoffs
    Maritime Union Australia workers gather outside a Hutchison Ports Australia port in protest at the firing of 97 workers earlier this month.HONG KONG - Hutchison Ports Australia has attempted to clarify its position in an increasingly bitter dispute with Maritime Union Australia and mounting outrage following reports that the 97...
  • Hapag-Lloyd earnings up as CSAV makes its presence felt
    HONG KONG - Hapag-Lloyd's integration with CSAV dominated the new entity's first-half results, with the group posting $180 million in net profit and a 45 percent increase in revenue compared to the first six months of last year.The solid profit was a major turnaround from the first half of 2014...
  • US port push to extend gate hours comes with cost
    The Port of Oakland's announcement last week that it intends to open its terminal gates an extra day each week demonstrates two hard, cold facts about U.S. port operations in this era of big ships. The traditional menu of five weekday gates each week is no longer adequate to handle...
  • Customs slowdowns have limited impact on Brazilian shippers
    Port of SantosStrikes, partial strikes and slowdowns by Brazilian customs officers are continuing this week, but the effect on most shippers has been muted. The impact of the slowdowns, dubbed Operation Tartarugas, or Operation Turtles, has varied by port. Federal officers at some ports such as at Santos and Vitoria were...
  • US cross-border truck traffic rises, but not like in 2014
    The number of trucks that passed through the five largest U.S. border crossings rose 5.6 percent from the first quarter to the second quarter of 2015, as the U.S. economy defrosted and expanded at a faster pace, according to U.S. Bureau of Transportation Statistics data. The five largest U.S. ports of...

TradeWindsweb site
AUGUST 26, 2015
  • Stealth confirms tanker sale
    Greek owner Harry Vafias has confirmed the sale of a chemical tanker at a time when his group is busy taking delivery of newbuildings.
  • DSF profit slashed
    Danish Ship Finance (DSF) has seen its first half profit axed but it expects a small increase in lending for the remainder of the year.
  • Port cash for Vinalines
    State-owned Vinalines looks set to bank a substantial sum from selling shares in a port company.
  • SFI well ahead
    Ship Finance International (SFI) has declared an increased dividend for the second quarter as it outperformed analysts' consensus.
  • New engine needed
    Canada is sending back a new ro-pax to Damen's Romanian yard for a new engine.
  • Lines cut emissions
    Clean Cargo Working Group survey finds boxships emitting less CO2 in most global trade lanes.
  • Svitzer orders tug sextet
    AP Moller-Maersk's salvage division places contract for six vessels at Turkey's Sanmar.
  • Crewman crushed
    One seafarer has died and another three were injured after a research ship suffered a list in Italy.
  • Chemical formula working
    Chemical tanker owners are set for more good news as they enjoy the best market for six years.
  • Reaching for the sky
    Architects have drawn up a design for a sustainable skyscraper in India made out of shipping containers.
  • Havyard weak in Q2
    Downsizing shipbuilder sees red and says more orders necessary to fill its yard capacity.
  • Worker dies in blast
    A worker has been killed in an explosion at a shipyard in Bangladesh.
  • Odfjell Drilling in the red
    Impairment write-downs result in more than $220m loss for drillship owner in the second quarter.
  • Austal hits new high
    Australian shipbuilder Austal has logged its best ever annual result as it revealed increasing interest in new ferries from European owners.
  • Don't believe the brokers
    Nordic American Tankers (NAT) CEO Herbjorn Hansson has launched a robust defence of the recent suezmax market.
  • Reach "proud" in Q2
    Oslo-listed owner books increased profit and revenue in weak market with low rates.
  • CSAV merger lifts Hapag
    Hapag Lloyd has returned to profit in the first half of the year helped by its merger with Chilean liner operator CSAV.
  • Clipper takes ultras
    Denmark's Clipper Group has emerged as the buyer of two ultramax resales built and owned by cash-strapped Sainty Shipbuilding in China.
  • Frontline back in black
    John Fredriksen's Frontline has returned to profit in the second quarter as it slashed operating costs.
  • Nordic back in profit
    Denmark's Nordic Shipholding has posted an interim profit of $3.7m Wednesday, reversing a loss of $3.4m seen a year ago.
  • EURN gets Webber blessing
    Wells Fargo believes Euronav will be a major money spinner for investors as it becomes the latest bank to initiate coverage of the stock.
  • Bulker backlog slides
    Bulker newbuilding orders for the first seven months of 2015 have fallen by over 90% year-on-year, according to Clarksons Research.
  • Fleet growth boosts DLNG
    Dynagas LNG Partners has reported sizeable growth in its second quarter performance on the back of its larger fleet.
  • Ezra to offload FPSOs
    Further assets sales under discussion as Singapore firm looks to bring debt under control.

American Shipperweb site
AUGUST 26, 2015
  • IHS: SE Asia posed for steady growth through 2020
  • BWR: CMA CGM suspends transatlantic loop
  • U.S., Mexico inaugurate new rail bridge at Brownsville
  • Samskip acquires Van Dieren Sweden
  • Crowley Maritime to use Tideworks Technology's solutions
  • COSCO Pacific profits up 12% in first half
  • CEVA strengthens transpacific LCL offerings
  • CSAV merger propels Hapag-Lloyd to $175.6m profit in first half 2015

The Bunker Bulletinweb site
AUGUST 26, 2015
  • Vessel fitted with 'fuel-saving' tunnel system
    Shipyard tests reveal fuel-savings of roughly 10%.
  • Maersk Oil prepares to halt North Sea production
    Firm says move could impact an estimated 200 jobs.
  • Bunker prices stick to downward path
    As Brent crude hovers above $40 a barrel.
  • Hull coating carries fuel efficiency extra
    US-originated product to be available in Europe.
  • Singapore pursues sustainable aims
    Conference and report mark MPA's green commitment.
  • Singapore: Unlicensed bunker supplier charged
    'Zero tolerance' against bunkering malpractices, says MPA.
  • US Navy backs Australian biofuel project
    As possible alternative fuel source in Asia-Pacific.
  • Titan Petrochemicals restructuring plans face delay
    New investors did not complete subscription for company shares.
  • Researchers finding new ways to produce biofuels for ships
    Under a $4.5 million project funded by the US DoD.
  • Shipbuilder lays keel for Crowley's second LNG-powered ship
    VT Halter Marine, Inc. held ceremony on Monday to mark next step in construction.
  • SSL adjusts bunker surcharge rates
    Prices effective as of September 6.

›››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.
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.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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