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Independent journal on economy and transport policy
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BRIEFS
October 29, 2015
Sched Netweb site
  • Ningbo Shipping Exchange shows box spot rates drop 13pc from Ningbo-Europe
  • November price hike possible as Asia-Europe rates hold firm
  • Hapag-Lloyd extends IPO deadline by a week
  • OOCL adds Savannah call to AX1 service
  • Revolution not evolution to combat Asian port congestion: consultant
  • Stifel Logistics Confidence Index shows negative market outlook
  • New MSC Silvia to ply between Far East and US east coast
  • Builders question how carbon levy will fund California rail project
  • Shortage of warehousing space in the UK to meet rising demand
  • NYK donates bunk beds and sports equipment to school in China
  • UASC is named "Shipping Company of the Year" at Seatrade Maritime Awards
  • UPS pilot union vote to strike
  • TNT loses US$54 million in the third quarter
  • Lufthansa Cargo adds Ho Chi Minh City service to freighter network

Exim Indiaweb site
OCTOBER 28, 2015
  • AFS Logistics International successfully handles break-bulk shipment through Flat Rack container
  • Baltic Exchange collaborates with Ningbo Shipping Exchange
  • Bulk freight rates to remain depressed
  • Bureau Veritas publishes LNG fuel Gas-Prepared notation
  • FEDSAI holds 23rd AGM
  • LNG fuel seen as game changer that cannot be ignored
  • Material Safety Data Sheet requested for dangerous cargo to/from Ningbo
  • Shipowners, shipbuilders & classification societies agree to focus on value creation at 2015 Tripartite Meeting Discussions
  • TRAFFIC HANDLED AT MAJOR PORTS
  • CONCOR organises inter-college debate on corruption during Vigilance Awareness Week
  • PPP focus for road projects: Gadkari
  • 28 categories exempted from submission of Form 15CA & 15CB while making remittances
  • Govt assures sorting out of issues impacting infrastructure development
  • India jumps 12 spots to 130 in ease of doing business ranking
  • INR edges up against dollar
  • Project exports a key area of focus for Exim Bank
  • Pulses importers seek exemption from stock holding limits

International Transport Journalweb site
  • New rescue vehicles aplenty
  • Qatar Airways Cargo to further expand
  • Earnings up sharply, volumes down slightly
  • Spliethoff with all year North America service
  • System Alliance enhances technical support
  • IAG flies new B787-9 to Delhi
  • New wagon hire contract inked in UK
  • Reinforcement for Ages vanguard
  • Greenfield development for multichannel purposes
  • Paperless airfreight sets milestones in Thailand
  • New intermodal service to/from Scandinavia
  • Today's the day for mid-size companies
  • Asco reinforces oil and gas commitment
  • Currency depreciation kicks up Santos volumes
  • Hapag-Lloyd IPO in troubled waters

IHS Maritimeweb site
OCTOBER 28, 2015
  • Risk Intelligence launches port risk tool
    Danish maritime security company Risk Intelligence today launched a platform dedicated to analysing and advising on ports risks. PortRisk will offer clients real-time, around-the-clock intelligence, risk assessment, and general security data on 103 ports in medium- and high-risk areas across 67
  • Indian port scraps first deferred-payment dredging plan
    A first attempt by an Indian port to undertake channel deepening work on annuity - deferred payment - basis has failed. The board of trustees of state-owned Mormugao Port rejected the only tender, which had been submitted by a consortium of Van Oord Dredging and Marine Contracting and local firm
  • AET Tankers signs for eight newbuildings
    AET Tankers, a subsidiary of Malaysian carrier MISC has contracted eight crude oil and product tankers. On 27 October, AET ordered four 113,000 dwt Aframax tankers from Samsung Heavy Industries to be delivered in 2018. The company on 28 October contracted two 114,000 dwt LR2 product tankers and
  • Hyundai Glovis books four car carriers at HMD
    Hyundai Glovis, the logistics arm of Hyundai Motor Group, said on 28 October that it had ordered four car carriers at Hyundai Mipo Dockyard. The vessels are worth KRW334.7 billion (USD295 million) and will be delivered by 27 December 2017. Hyundai Glovis said in a Korea Exchange filing that the
  • Panamax box ships back in the doldrums
    Charter hire rates for container vessels continue to drop this week, with the New ConTex dropping 9 points (or more than 2%) to 391 points following yesterday's broker panel. Last week the market barometer, which is published by the Hamurg Shipbrokers' Association (VHSS), fell by 3%, weighed down
  • Shell agrees LNG deal with Gibraltar
    The government of Gibraltar has announced it has signed a Heads of Agreement with Shell Gas and Power that heralds a new era of LNG energy in the UK overseas territory. Last month, Shell said it planned to create an LNG bunkering hub in Gibraltar to serve all ship operators bunkering in the
  • HMM refutes talk of merger with Hanjin Shipping
    South Korea's second biggest shipping company Hyundai Merchant Marine (HMM) on 28 October refuted rumours that the government has asked it to merge with its bigger compatriot Hanjin Shipping. The Korea Economic News newspaper reported on 28 October that the Seoul government had asked the two
  • CMES January-September 2015 profit skyrockets
    Shanghai-listed China Merchants Energy Shipping (CMES) recorded profit of CNY1.63 billion (USD256.2 million) for the January-September 2015 period, a fourfold increase year on year (y/y), fulfilling its 400-430% profit surge projection. The profit hike was largely attributed to the Chinese
  • Exim Bank of China inks MoU with ING Bank worth $1bn
    The Export-Import (Exim) Bank of China has inked a three-year memorandum of understanding (MoU) with the Netherlands-based ING Bank, worth USD1 billion. The MoU aims to enhance the co-operation between the two parties in the financing of Chinese-built ships, both new and second-hand, as well as

The Loadstarweb site
OCTOBER 28, 2015
  • Maersk lays-up a Triple-E as winter nears and idled tonnage closes on a million teu
  • Qatar Airways: resource-rich, and it's not playing at cargo. A rival to be be feared
  • Big gains in air and sea freight volumes for DSV in Q3 ahead of UTi takeover

Marine Logweb site
OCTOBER 28, 2015
  • Kirby reports third quarter results
  • TSB investigates passenger boat capsize in which five died
  • JHSV program gets new name and another $53.4 million
  • Fincantieri opts for Intergraph flagship software solution
  • New LNG containment system makes progress
  • Concept LNG fueled mega box ship would be COGAS electric
  • Nakilat retrofits QMax's main engines to LNG fueling
  • NTSB: Search fails to locate El Faro pinger

World Wide Shipperweb site
OCTOBER 28, 2015
  • General Dynamics NASSCO celebrates ECO tanker keel laying
  • Chittenden Locks large chamber set for annual safety inspection
  • Scheduled improvements force closure of Squalicum Harbor boat launch
  • Diana Shipping Oks charter of dry bulk vessel TRITON
  • Willard Marine to construct research boat for NOAA

Lloyd's Listweb site
OCTOBER 28, 2015
  • China Shipping Development posts stronger earnings
    Chinese player expects full-year profits in 2015 to double from 2014 level on higher tanker rates and better cost control
  • CAI's profits dampened by sluggish peak season
    Revenues up, but slowdown in demand dents third-quarter container utilisation levels
  • Panamax index slightly down
    The Baltic Exchange Panamax Index weakened ever so slightly in the past week on most routes due to still slow activity
  • Gard announces 2.5% general increase for 2016
    First-half $46m result brings reserve to $1bn
  • Risk Intelligence launches port risk database product
    Website will allow owner to factor in security when planning calls
  • China Cosco posts $220m losses in third quarter
    Company returns to the red without a cheque for shipbreaking
  • Battleground in UK logistics sector hots up
    More than half of operators' new business comes from floating customers, survey suggests
  • APL and NOL's Ng Yat Chung honoured at Lloyd's List Asia Awards
    Diverse field of recognition tilts toward Singapore, with Maritime Foundation's executive director David Chin honoured for pioneer achievement
  • No GRI for The Shipowners' Club
    P&I club reports small surplus
  • Get your orders in before emissions rules force costs higher
    Owners may be ordering to avoid costly compliance issues
  • Houston on course for record year despite monthly blip
    US Gulf Coast port expects to eclipse the 2m teu barrier for the first time in its history
  • Weaker box demand dampens CIMC third quarter
    Energy equipment and offshore sectors also fared worse
  • Hapag-Lloyd: Timing is everything
    Alistair Hill looks at the economics and timing of Hapag-Lloyd's initial public offering and what it means to the German liner company
  • AET spends $500m on newbuildings in Korea
    Vessels ordered for fleet renewal and oil major charter
  • UBS downgrades Star Bulk on expected equity issue
    Bank believes owner's debt repayments will outweigh cash from operations
  • Seacor third quarter net profit slides amid weak offshore sector
    Company planning more cost cutting measures
  • Maersk Oil to cut worldwide workforce by 10%-12%
    Continued weakness in oil prices to blame
  • NOL unit APL to pay $9.8m to settle false claims charge
    APL says settlement does not constitute admission of wrongdoing
  • AAL opens Dubai office to tap Middle East market
    Middle East office will provide local clients with tramp and project shipping services
  • US Navy's first search for El Faro pinger unsuccessful
    Sonar technology will now be used to locate vessel
  • Gener8 bags $60m credit facility for newbuilding VLCC delivery
    Citibank facility secures long-term financing with China Export and Credit Insurance
  • Ardmore Shipping ends the third quarter with a bang
    Bullish product tanker market and charters rate led to profit jump
  • General Dynamics starts tanker construction for APT
    Vessel is third of a fleet of five ordered by American Petroleum Tankers

The Journal of Commerceweb site
OCTOBER 28, 2015
  • Heartland Express profit, truckload revenue drop
    Higher driver wages and lower freight volumes helped pull down net profit for the second straight quarter at Heartland Express. Heartland's net profit dropped 33.5 percent year-over-year in the third quarter to $15.1 million, while operating revenue declined 15.9 percent to $182.5 million. Net profitat the North Liberty, Iowa-based firm fell 11.9...
  • CN profit jumps by double-digits on strong intermodal business
    Canadian National Railway beat expectations and "a tough volume environment" in the third quarter, executives said, as profits surged on strong domestic and overseas intermodal demand. The Montreal-based railroad's net income rose 18 percent year-over-year in the third quarter to C$1.49 billion, or $1.12 billion. Revenue, too, grew 3 percent year-over-year...
  • Trans-Pacific trade deal expected to save millions for US footwear importers
    LONG BEACH, California - Footwear importers will save millions of dollars in annual duties if the Trans-Pacific Partnership trade agreement is implemented by the participating countries in the coming two years, the president of the Footwear Distributors and Retailers of America said Tuesday. The biggest immediate gains for footwear importers will...
  • NY-NJ port volume rockets 14 percent in September
    A double-digit jump in loaded imports at the Port of New York-New Jersey pushed total traffic up 14.3 percent year-over-year to set a September record. Loaded imports in September were up 13.5 percent year-over-year to 286,354 twenty-foot-equivalent units and loaded exports grew 1.2 percent to 111,959 TEU. After a long stretch of...
  • C.H. Robinson gains volume, strengthens profit
    The economy may be softening, but for C.H. Robinson Worldwide, the largest U.S. non-asset third-party logistics company, business keeps rolling in. North American truckload volumes rose 7 percent in the third quarter, while less-than-truckload volumes rose 32 percent year-over-year. "This is the 24th consecutive quarter where we have grown our year-over-year...
  • APL to pay $9.8M to US to settle allegations of false container tracking claims
    APL has agreed to pay $9.8 million to the U.S. government to resolve allegations that the carrier misrepresented its ability to track containerized military shipments from Pakistan to Afghanistan. The Department of Defense had contracted the container line to track every container that moved from Karachi to military bases and outposts...
  • Intermodal volume slip contributes to NS profit drop
    A one-two punch of falling intermodal volume and weakness in the coal market hit Norfolk Southern Railway hard in the third quarter, prompting railroad executives to downplay expectations for the rest of the year. After intermodal growth slowed considerably earlier this year, total intermodal volume fell 1 percent year-over-year in the...

TradeWindsweb site
OCTOBER 28, 2015
  • Offshore unit hits Seacor's Q3 profit
    Weak energy markets impact OSV results, but shipping services' results gain.
  • Pyxis closes merger deal for US listing
    Tanker owner seals combination with LookSmart and is poised to begin regular trading Thursday.
  • Carnival ups its ante for China cruise fleet
    Cruise brand plans to commit additional China-based ship upon 2017 market entry
  • GasLog stock surges amid energy bounce
    LNG carrier owner's shares increase 10.8% as US shipping stocks rise on oil price gains.
  • Four for the chop at Samudera
    Singapore-listed owner sells chemical tanker and lines up disposal of three more vessels.
  • China Cosco logs $269m loss
    Hong Kong-listed unit of Chinese group sees deep red in third quarter bottom line.
  • Hyundai Glovis to spend $295m
    Korean shipowner lines up new order for four car carriers for delivery in 2017.
  • The PERFECt boxship?
    GTT, CMA CGM and DNV GL reveal new LNG-fuelled mega-ship blueprint.
  • Gulf Nav into Zora Gas
    Tanker owner signs deal for marine and port services to Dana Gas project in the UAE.
  • CSDC profit jumps
    China Shipping unit propelled to strong Q3 result by buoyant tanker market.
  • Gener8 signs loan for VLCC newbuilding
    The new loan will help pay for the tanker owner's ongoing newbuilding programme.
  • LNG a "game changer"
    Schulte UK chief Angus Campbell says early movers can gain advantage with new bunker fuel.
  • Greek owner agrees $1m fine
    Chandris (Hellas) pleads guilty in US to concealing pollution from tanker Sestrea.
  • Braemar stock bounces on strong results
    London-listed shipbroker sees stock spring up as low oil price has net positive impact on results.
  • Hapag-Lloyd buyers can back out
    German line says IPO investors can cancel agreements due to extension of offer period.
  • No rate rise at Shipowners' Club
    No general increase is to be sought by the Shipowners' Club following a modest $1.5m surplus at the half year stage.
  • MISC in $500m tanker splash
    Malaysian owner renews fleet with Korean order for two suezmaxes and four aframaxes, plus two charter-backed LR2s.
  • Farstad sells AHTS
    Oslo-listed owner offloads offshore support vessel at book value as market remains under pressure.
  • Korean yards under scrutiny
    Some of the world's largest shipbuilders will have to report project delays every quarter following accounting changes.
  • Gard joins 2.5% convoy
    The biggest of the protection and indemnity clubs is to seek a 2.5% general increase at the February renewal.
  • ING signs $1bn Chinese deal
    Dutch lender teaming up with China EximBank on ship financing transactions.
  • EMGS in data deal
    Norwegian offshore survey player strikes new Barents Sea licensing agreement worth $2.8m.
  • Braemar back in black
    UK shipbroker returns to profit in first six months as revenue jumps.
  • ICTSI seals $260m loan
    Funding by international lenders to finance phased expansion of Mexico's largest port.
  • FOE cancels rig order
    Norwegian rig owner blames delays in delivery for termination of newbuilding contract.
  • Subsidies boost CMES
    Chinese tanker and bulker owner posts healthy numbers thanks to ship scrapping cash.
  • Star Bulk cut to 'sell'
    UBS downgrades bulker owner over "cash burn concerns" and fears that dilutive equity issue may be necessary.

American Shipperweb site
OCTOBER 28, 2015
  • Drayage truck strike has minimal impact at Los Angeles, Long Beach ports
  • APL Ltd. settles U.S. false claims violation
  • U.S. durable goods orders fall again in September
  • C.H. Robinson reports 11.6% rise in profits
  • DP World container throughput up 3.7 percent
  • EIB commits 100m euro loan towards Dublin Port's infrastructure project
  • FWI: Freight theft on the rise throughout Europe
  • CBP seizes 1,815 pounds of marijuana at Calexico port
  • CBP intercepts several unusual pests
  • NYK acquires 100% of NYK Line (Vietnam) Co. Ltd.
  • House votes to reauthorize Ex-Im Bank
  • NTSB: Efforts to locate El Faro's pinger unsuccessful
  • Asian airlines post flat September cargo volumes
  • Heartland Express sees drop in net income, revenues
  • Feinberg's nomination to FRA chief gains momentum
  • AAL opens office in Dubai
  • TransVoyant, Globe Tracker partner on predictive analytics
  • Executive moves: West Calcasieu Port and Broekman Logistics
  • House approves 3-week transportation funding patch

The Bunker Bulletinweb site
OCTOBER 28, 2015
  • Dan-Bunkering adds trading assistant to Singapore office
    Khoo Bee Lian's position became effective last month.
  • New FSP LNG containment system moves towards approval
    Honghua says product is 'more anti-sloshing' and 'possesses high effective capacity ratio'.
  • AET orders eight 'fuel-efficient' eco tankers
    For roughly $500 million.
  • AGUNSA to resume physical supply in Chile
    Hernan Pizarro has joined as Head of Bunkering.
  • Singapore shipowner posts weaker profits
    But cheaper fuel cuts operating costs.
  • Interview with Peninsula Petroleum for Platts Mediterranean Bunker Fuel conference
    Will Bathurst, Manager Business Analysis and Intelligence, at Peninsula Petroleum, will be one of the conference speakers.
  • Shipmanager fined in United States
    In oily water dumping case.
  • LNG bunkering: 'Early movers will secure a leading position'
    'The move from oil to natural gas is simply the next progression in the evolution of maritime transportation.'
  • Singapore yards eye LNG bunker tanker market
    Small-scale LNG emerging as regional market.
  • US targets Lebanese shipping company
    Sanctions linked to allegations of drug-trafficking and money-laundering.
  • BV publishes note for 'Gas-Prepared' vessels
    'Many owners consider that they will switch to LNG as a fuel in the future, but are not yet ready to make that change.'
  • Singapore to publish LNG bunkering guidelines
    Pavilion Gas working alongside industry partners to complete draft by next year.
  • DNV GL unveils quality guide for LNG bunkering
    Guide is an update to an earlier LNG bunkering document.
  • LNG bunkering: Crew competence a 'big challenge'
    'Move from a liquid bunker oil supplier to gas bunker supplier is not for the faint hearted,' says Lloyd's Register.
  • Singapore to publish LNG bunkering guidelines in 2017
    Pavilion Gas working alongside industry partners to complete draft by next year.
  • DNV GL unveils fiscal and quality guide for LNG bunkering
    Guide is an update to an earlier LNG bunkering document.
  • LR: Crew competence 'big challenge' for LNG bunkering
    'Move from a liquid bunker oil supplier to gas bunker supplier is not for the faint hearted.'
  • Crude at $80 per barrel 'ideal', says UAE economy minister
    'We could see a pickup in China and some other parts of the world.'

›››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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