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Independent journal on economy and transport policy
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BRIEFS
February 26, 2016
Sched Netweb site
  • CMA CGM levies 4 rate hikes March to mid-April totalling US$600/TEU
  • CMA levies US$125/TEU N Europe-Mideast peak season charge March 7
  • Let ports do the box weigh-ins, say some - what about liability, say others
  • New US Ballast Water Management Reporting Form on web to be filled out
  • Commerce Minister expects China will grow at quick pace in 2016
  • Cargo crime up 37.4pc, though spike due to higher levels of reporting
  • Panalpina, Cardiff University to research 3D printing, manufacturing
  • China-Nigeria trade volume dives 17pc 2015 to US$14.94 billion
  • Eagle Eye Systems to prevent cyber raids on shipping, logistics finances
  • BuyCo uses CargoSmart to enhance online freight forwarder platform
  • UN agency bans lithium batteries flown as cargo on passenger planes
  • Qantas Freight pretax profit off 29pc to US$27 million, sales slip 4.5pc
  • Freight Transport Association to examine state of UK's air cargo sector
  • Cargolux resumes freighter service to Rio de Janeiro

Exim Indiaweb site
FEBRUARY 25, 2016
  • India is a rising star for ATA Freight Line: Matt Goker, COO
  • Cabinet approves providing $ 150 m credit to Iran for Chabahar Port development
  • Vallarpadam ICTT scales greater heights
  • Govt approves eight highway projects worth INR 6,000 cr.
  • Railways to implement EPC mode for undertaking works
  • Suresh Prabhu announces commencement of time-tabled freight container, parcel & special commodity trains on pilot basis from this year
  • The symbiosis of yarn exporters & DICT Sonepat
  • India's crude oil import bill likely to halve to $ 62 bn in 2015-16
  • Stress on reducing coal imports
  • Top exhibitors & steady flow of visitors highlight CTL & BHP 2016 exposition

International Transport Journalweb site
  • Mergers and alliances
  • New UK-Italy intermodal service
  • Watchdog to fine more wrongdoers
  • WCO honours former Amsterdam cargo head
  • Dignitaries in Dunkirk
  • S2R JU welcomes new executive director
  • Cooperation to boost rail infrastructure quality
  • FTA seeks firm commitment on railfreight
  • 3PLs in great favour with Fortune 500 firms
  • Air Seychelles prefers South Africa to Tanzania
  • Arkas boosting Europe/Africa connections
  • Railway still top for coal shipments
  • Hellmann helping to mitigate drought in South Africa
  • Suez: benefits and risks of one belt one road
  • Blicher from UTi to DB Schenker
  • PAL choses A350-900
  • New IT system going live in 100 days

IHS Maritimeweb site
FEBRUARY 25, 2016
  • Boskalis-KWS EUR70 million contract for Texel Wadden Sea dyke
    A consortium consisting of Dutch dredging major Royal Boskalis Westminster and VolkerWessels' road construction company KWS has won a EUR70 million contract from the Hoogheemraadschap Hollands Noorderkwartier (Holland's northern quarter water board) to reinforce the Wadden Sea dyke on the Dutch island of Texel. Called 'Combinatie Tessel', the consortium's scope of...
  • GAC ships world's largest underwater restaurant
    Port Taranaki, New Zealand, 25 February 2016 - The acrylic and steel structure for the world's biggest underwater restaurant is on its way to the Maldives, thanks to GAC's project logistics expertise. The restaurant, complete with its 13m high stairwell, is heading for the brand new resort of...
  • Shipping bank DVB posts all-time high risk costs
    Spiralling loan loss provisions for ailing shipping and offshore commitments almost dragged Germany's DVB Bank into loss-making territory. However, the sale of its shareholding in British aviation technology group Wizz Air Holdings and a related surge in earnings from financial instruments to almost EUR71...
  • Slideshow: The future of south Asian shipbreaking
    Four Indian shipbreaking yards have now been certified by ClassNK as compliant with the international standard set by the Hong Kong International Convention on Safe and Environmentally Sound Ship Recycling. The yards are owned by Priya Blue Industries, Kalthia Ship Breaking, Shree Ram Group of Industries, and...
  • Port newcomer Bronka to be gateway to Moscow
    LLCA new purpose-built port on the Gulf of Finland has set its sights on becoming a new hub for Russian cargoes. The port of Bronka, which will be able to handle larger ships than other Baltic...
  • J. Lauritzen expects another tough year after deep 2015 losses
    J. Lauritzen, the privately owned Danish dry bulk and gas carrier group, expects another tough year after reporting deep losses for the final quarter and full year 2015. Group net loss narrowed to USD 152.8 million in 4Q15 from USD 182.0 million in the same period a year earlier. Revenues rose...
  • Two Bourbon Offshore seafarers abducted off Nigeria
    Two members of the crew of a Bourbon Offshore vessel are believed to have been kidnapped following an attack on their vessel off the Nigerian coast on Tuesday. Bourbon Offshore said that the two missing crew members were a Russian and Nigerian....
  • SPP Shipyard regains refund guarantees, resumes order negotiations
    Massively indebted South Korean shipbuilder SPP Shipbuilding, which is undergoing a sale, now has the green light to resume bidding for new orders. Its creditors have agreed to once again, provide the shipbuilder with refund guarantees, which are crucial to winning orders as customers are assured of...
  • Seadrill's final quarter strongest, but tough time expected
    Seadrill, the London based drill ship and rig company in John Fredriksen's business empire, said the final quarter of 2015 was the year's strongest in operational terms, but the company warns that 2016 would be a tough and said it...
  • Marine leads Bureau Veritas profit growth in 2015
    The marine and offshore business of French certification and inspection group Bureau Veritas outpaced the group's other major businesses for profit and revenue growth in 2015. Its adjusted operating profit showed a 32.1% increase year on year to reach EUR107 million, the highest percentage growth rate achieved by any...
  • HMM to sell two VLOCs, 13 Capesizes in liquidity drive
    Hyundai Merchant Marine has confirmed more details of the ships it will sell to Hahn & Co as part of its plans to raise liquidity. HMM has confirmed to IHS Fairplay that in all, 15 ships will be sold. The ships are tied to dedicated shipping contracts and these will...
  • Tanker freight rates 'to remain strong'
    Crude oil tanker owners can expect the current freight rate strength to continue throughout 2016, according to speakers at the IHS Maritime & Trade Freight Rate Forum 2016, although rates will decline next year as prospects for...
  • Daelim Corporation exits VLGC sector
    South Korean industrial group Daelim Corporation has no plans to operate very large gas carriers after redelivering a chartered-in VLGC to Korea Line Corporation. In 2007, Daelim Corporation sold the DL Calla to KLC in a sale-and-leaseback arrangement. Daelim had committed to charter rates at over USD1 million a...
  • Incheon launches single window to reduce congestion and improve productivity
    Incheon Port Authority (IPA) launched a single window communication service to reduce congestion and emissions in the vicinity of the port and to increase productivity and supply chain efficiency. Accessible on mobile devices, the Incheon Port Container Terminal Single Window provides real-time stevedoring status and...
  • ICBC Leasing issues USD200 million shipping bonds
    ICBC Leasing, the financial leasing branch of China's state-run bank ICBC, has issued USD200 million shipping bonds in South Korea. The bonds are secured by two of the four LNG carriers from a project between ICBC Leasing and Golar LNG. The Export-Import Bank of Korea (Korea Eximbank) provided credit guarantee for...
  • Alleged 'hit-and-run' container ship detained off Malaysia
    A St Kitts & Nevis-flagged container ship was detained by Malaysian Maritime Enforcement Agency (MMEA) after allegedly being involved in a hit-and-run incident with two other vessels off Johor, Malaysia. The 39,232-dwt container ship Olf reportedly collided with tankers anchored off Tanjung Ayam, Johor, on 18 February 2016 at 1930 h local. After...
  • Brodosplit personality
    Tomislav Debeljak took over from his father as chief executive of DIV Group, Croatia's biggest private manufacturing enterprise. Passionate about his work and an eternal optimist, Debeljak expanded his business into one of Europe's leading makers of fasteners, then into railway rolling stock components. In 2013,...
  • Tanker buyers wait and watch
    While sheer desperation pervades the dry market and asset prices crash, the knock-on effects are being felt throughout the S&P market. The tanker sector is not immune from the anxiety of owners and financiers when they are losing so much money elsewhere.Despite rates remaining relatively firm for most sectors and...
  • US regulator signals progress on new ballast water regime
    US Coast Guard Commandant Paul Zukunft hinted that type-approval for ballast water management systems to be installed on vessels trading in the US could finally get underway in 2016. Speaking to reporters after giving the annual "State of the Coast Guard" speech on 23 February at...

The Loadstarweb site
FEBRUARY 25, 2016
  • E-commerce and logistics can be profitable partners, but traditional freight firms have to adapt
  • Shipowners resolute over charter rates, so HMM must now revisit Hanjin merger plan
  • Bullish Expeditors bucks 2015's 'weak market' trend with increased margins and profits
  • Canute Logistics and Wilko gear up to beat the HGV driver shortage with a new apprenticeship scheme
  • The consequences of cheap oil
  • What big data brings to the stressful life of a container line CEO
  • FAA proposes $275,000 penalty for Atlas Air

Marine Logweb site
FEBRUARY 25, 2016
  • Anthem passengers file class action suit against RCCL
  • U.S.-based operator adds next generation asphalt carrier
  • "Ineffective visual navigation" led to grounding
  • Waller Marine gets FEED contract for 400 MW FPP
  • Satcom services provider rebrands as Marlink
  • Bergen Group gets extension of frigate contract
  • Puerto Rico seeks private partner to operate ferry services
  • First ship loaded with U.S.-produced LNG heads to Brazil
  • Bulgarian shipyard busy with dredges for Royal IHC

World Wide Shipperweb site
FEBRUARY 25, 2016
  • Port of Vancouver calling for waterfront development proposals
  • DOT accepting applications for new round of TIGER grants
  • Boeing taps Leanne Caret as Defense, Space & Security boss
  • Application deadline February 29 for Port Angeles funding program
  • FMC names John K. DeCrosta Legislative/Public Affairs senior advisor

Lloyd's Listweb site
FEBRUARY 25, 2016
  • Britannia and UK P&I Clubs confirm merger talks
    International Group mutuals consider joining forces
  • Hapag-Lloyd secures OW Bunker interpleader victory in US
    But uncertainty remains on extraterritoriality of Court of Appeals decision
  • StealthGas records 80% weaker net profits for 2015
    Greek owner hurt by weak freight rates amid fleet expansion
  • US pushes IMO to accept Iridium as GMDSS provider, Inmarsat pushes back
    Long running proposal to allow a new GMDSS service provider under discussion next week at IMO
  • US LNG exports will take years to impact on rates, say experts
    New era for shipping will take time to establish
  • US Coast Guard details early stages of El Faro response
    No USCG assets or other vessels were near by due to Hurricane Joaquin
  • Two days of El Faro data lost by USCG software during rescue operation
    Software upgrade introduced problems with critical program
  • CSIC Ltd to dispose two engine units to parent company
    Disposal gains will help loss-making shipbuilder ease financial pressure
  • GasLog posts profit in line with expectations
    Owner sees vessel shortages ahead but has bolstered its position to withstand leaner times
  • ICBC Leasing explores basing bonds on shipping receivables
    Newly-issued $200m project bond that securitises charter hire from two LNG carriers could be the first of its kind in the debt capital market
  • J. Lauritzen reports wider losses in 2015 on dry bulk impairments
    Danish shipping outfit gets cash injection from sole shareholder
  • Seadrill cash cow dries up
    Fredriksen money-spinner fails to shore up shipping and energy empire amid oil price collapse
  • Pacific Radiance 2015 revenues down on lower vessel utilisation
    Seasonal weakness in the fourth quarter of the year led to a more pronounced fall in revenue
  • UK parliament considering Bill to raise sanction breach penalties
    Police and Crime Bill 2015-2016 would raise civil penalty cap to £1m
  • Swissco reports fourth quarter net loss on asset impairments
    Company made impairment provisions as it expects oil and gas industry conditions to remain weak
  • Singapore business delegation eyes shipping and port deals in Iran
    Delegation will also visit major shipping and regional transhipment hub Bandar Abbas
  • MISC to buy remaining stake in Petronas subsidiary for $445m
    Acquisition represents a low risk investment to MISC in comparison to investing in greenfield projects
  • POSH clinches $85m worth of long term charters
    Contracts signed with Saudi Arabian and Qatari clients
  • Hanjin Shipping issues hybrid bonds to repay Korean Air loan
    South Korean carrier plans to sell assets to boost liquidity
  • India to help Iran build Chabahar port
    Government to equip and operate two berths in first phase of development at port
  • MR tanker rates rebound on arbitrage to Europe, LRs under pressure
    Diesel inventory levels drawn down in ARA hub as River Rhine water levels return to navigable levels
  • Suezmax tanker rates ease from monthly highs as demand softens
    West African loadings may have slowed due to an oil spill at a subsea crude export pipeline

The Journal of Commerceweb site
FEBRUARY 25, 2016
  • Russia may raise port tariffs
  • Small shippers back CP-NS merger while larger shippers push against
  • XPO sees e-commerce-fueled economic growth ahead
  • Vancouver port's drayage initative cuts truck turn times
  • Facing SOLAS rule, industry needs to think outside the box
  • Life for Brazil's truckers is no walk on the beach
  • Incheon port touts app to boost productivity
  • India OKs funding for Chabahar port development
  • Sharp drop in revenue per container eroding liner results

TradeWindsweb site
FEBRUARY 25, 2016
  • Two banks cut GasLog target; one hikes
    Cowen and Stifel reduce stock price bet but stay bullish; JP Morgan hikes but stays neutral.
  • GasLog in talks for more finance deals
    Finance chief Simon Crowe says company in talks to push back 2018-2020 maturities.
  • TSB blames bridge team for grounding
    'Ineffective visual navigation' contributed to incident on CSL bulker Atlantic Erie.
  • Grimaldi's Finnlines posts record Q4 profit
    Finnish ro-ro company enjoys best-ever final three months as cargo and passenger numbers rise.
  • Vale iron ore shipping spend drops 27%
    Iron ore mining giant chops $280m from iron ore freight costs in fourth quarter.
  • NOCC scraps oldest car carrier
    Norwegian shipowner banks $2.7m for 1987-built NOCC Coral.
  • EAT gobbles up three-year tanker deal
    Malaysian owner scoops COA worth $9.3m through client of Petronas.
  • Seadrill increases Q4 earnings
    John Fredriksen's drillship company sees stronger end to a loss-making year.
  • Stealth sells older ship as it reports profit
    Exit of the Gas Arctic comes following a year in which it took delivery of 10 new ships.
  • Samudera Shipping's annual profit down 71%
    Diversified Indonesian owner sees its 2015 earnings chopped on the back of smaller revenue.
  • Hamburg: Between depression and recovery
    Owners, bankers and investors accept depth of crisis, and try to see a path through problems
  • Bahri buys five MRs from Scorpio Tankers
    Saudi Arabia-based shipowner splashes out $166.5m to snap up tanker quintet from US-listed owner.
  • GasLog set fair for prolonged downturn
    Peter Livanos-backed owner encouraged by level of tendering activity in LNG business.
  • Grindrod posts $88.1m net loss for 2015
    Diversified shipowner sees red ink in annual report but CEO Alan Olivier says layups not in sight.
  • DFDS sells out first $59m buyback
    Danish ro-ro group splashes out on its own stock with help from shareholder Lauritzen Foundation.
  • Wilhelmsen and Hoegh yet to hear from Brazil
    Press release the only communication owners have had regarding price-fixing probe, exec says.
  • Bulker owner Wilson falls to Q4 loss
    Operations of Norwegian small-ship specialist hit by bad weather at the end of the year.
  • Tanker mini-boom to cool, says Stopford
    Froth to come off tanker market rates as overcapacity comes into play, forecasts veteran analyst.
  • Two Bourbon crew seized in Nigeria
    Pirates raid French anchor-handler and abduct Nigerian and Russian workers.
  • Greek bulker refloated in Argentina
    Alkimos Heracles underway again after grounding in Punta Indio Channel on Wednesday.
  • James Fisher wins $34.8m windfarm contract
    London-listed company set to provide marine support services to Galloper Winds Farm project off Suffolk coast.
  • Write-down pushes Rem into the red
    Oslo-listed offshore owner the latest to take an impairment hit in challenging spot markets.
  • DVB Bank provisions rise at 'testing time'
    Specialist lender's profit falls in a year which saw higher allowances against legacy loans.
  • ISH posts bigger loss but reduces debt
    Alabama-based company sees deeper red due to non-cash items but says strategic plan is on track.
  • Shreyas to acquire small containership
    Indian owner bring its tally to nine with latest purchase move for 1,700-teu vessel.
  • Foundation steps up to support Lauritzen
    Sole shareholder takes over assets to help shipowner secure $125m cash injection.
  • Cocaine found in container in US
    Customs officers recover $2m haul of drugs from vessel arriving from Ecuador.
  • Polarcus seals restructuring deal
    Middle East seismic survey ship company to issue new shares after agreeing refinancing with bondholders.
  • Siem Offshore plunges to $116m Q4 loss
    Norwegian owner agrees sale of laid-up supply ship as it takes big impairment hit in weak markets.
  • Nam Cheong sinks into the red in Q4
    Malaysian shipbuilder anticipates pace of vessel sales and shipbuilding activities to remain slow.
  • Rickmers Maritime finance chief heads for pastures new
    Gerard Low said to be leaving company to pursue personal and other professional interests.
  • Pacific Radiance sees full-year numbers drop 95%
    Costs exceeded revenue in fourth quarter as company struggles to ride out offshore downturn.
  • Teague: US energy export picture strong
    US energy logistics firms sees demand for LPG and crude from US.

American Shipperweb site
FEBRUARY 25, 2016
  • NEWS FLASH: DOT to solicit applications for FAST freight grants
  • USCG: Computer issues did not delay El Faro response
  • Intermodal rates drop for 13th straight month
  • Truckload rate growth continues to slow in January
  • U.S. antidumping sought for heavy-walled steel pipe imports
  • WTO rules in favor of U.S. on India's solar import rules
  • Struggle over control of Evergreen Group intensifies
  • LLamasoft: Supply chains focused too much on internal issues
  • International Shipholding Corp. reports $180m loss in 2015
  • Yusen launches service from Semarang, Indonesia airport
  • XPO posts 33% gain in Q4 organic net income as it digests acquisitions

The Bunker Bulletinweb site
FEBRUARY 25, 2016
  • GLOBAL VLCC TRACKER: North Asian arrivals slip to four-week low
    Arrivals into India reach highest since early February.
  • Tri-Zen: Low oil prices holding back LNG bunker uptake to end abruptly
    Window of opportunity to secure yard space for LNG-fueled newbuilds could close quickly.
  • Around half Iran's Feb fuel oil exports seen set to end up in Singapore
    The other half will likely flow into the Fujairah bunker market.
  • New Orleans MGO rises, still trading at discount to Houston
    New Orleans MGO was in a discount to Houston MGO for the seventh consecutive day.
  • Buenos Aires HS bunker fuel at $200/mt as power sector claims fuel oil supplies
    Bunkerworld Latest News / 1d
  • All Mexican Gulf Coast oil, petchems ports closed by storms: ministry
    Ports are now closed due to high winds and waves.

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