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Independent journal on economy and transport policy
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BRIEFS
October 28, 2016
Sched Netweb site
  • Cosco Ports profit off 52pc to US$43.8 million, but sales rise 0.7pc
  • Hyundai, MSC to bid for 54pc Hanjin stake in Long Beach box shop
  • China lifts Filipino bans, restrictions as US relations with Manila cool
  • Expansion of Caribbean ports to handle mega ships via Panama Canal
  • Too many box ports risk overcapacity, now Mexico bereft of ro-ro
  • Le Havre advises shippers to use tax loophole to make savings
  • DP World first 9 month box volumes up 2.2pc to 47.5 million TEU
  • CN quarterly profit falls 3.4pc to US$728 million as revenue slips 6pc
  • Canadian system uses water not oil to lubricate tailshaft bearings
  • Airbus quarterly profit falls 21pc to US$796 million as revenue slips 1pc
  • Korean Air back in black with record quarterly profits of US$374.5 million
  • Feeling left behind in pay, AA pilots mull shift to new union
  • Qantas Freight denies shipper claims of too little perishable space
  • Air cargo exports up 39pc as Nigerians cash in on weak naira
  • Alamo City airport traffic edge up but international travel takes a dive

Exim Indiaweb site
OCTOBER 27, 2016
  • Hanjin to close European operations
  • Mandaviya calls for more international exposure for IMU students
  • MSC announces revisions to five services operating between Asia & US West Coast/Canada
  • NYK selected for DJSI for 14th consecutive year
  • Rickmers-Linie loads record number of transformers in Rijeka
  • Shipping industry meets in Tokyo to discuss mutual challenges
  • Suez Canal Authority considering advance payment toll structure
  • Cabinet approves new productivity-linked reward scheme for all Major Port Trust & Dock Labour Board employees/workers for 2015-16 to 2017-18
  • JNPT joins hands with RNTCP to organise health camp for Sheva villagers
  • Tariff hike at ICTT Vallarpadam a unilateral decision contrary to the prevailing scenario: Prakash Iyer, President, CSAA
  • Bombay Goods Transport Association elects office-bearers for 2016-18

International Transport Journalweb site
  • Florida is hungry
  • Delft Hyperloop - a new transport mode?
  • Crude oil partnership
  • LNG on track for Gothia Tanker alliance
  • Partnership for optimising rail transport
  • Promotion for Knudsen
  • Set to deliver 0.5 million cbm of concrete per year
  • Secure parking to combat rising cargo crime
  • More reefers for maritime cool chain
  • Wanted: more women in transport industry
  • Brussels showcases airside pharma transporter
  • New traction to boost last mile efficiency
  • Industry expert joins Ekol
  • RWI/ISL shipping index rising slightly
  • Distributing bio-ethanol in UK
  • THY lowering Kabul capacity

IHS Maritimeweb site
OCTOBER 27, 2016
  • New global shipping sulphur cap set for 2020
  • Nordic American orders three Suezmaxes at Samsung
  • Nordea and DNB banks continue to endure tough shipping and offshore business
  • Samsung Heavy heads back into profit in third quarter
  • M&A in transport and logistics being driven by Asia, Oceania deals
  • Scrapping to reach record levels this year, says BIMCO
  • Hanjin Shipping takes legal fight to next step over arrest of bareboat charter ship
  • Maersk Line takes redelivered Hanjin ship
  • Chinese court declares Zosco insolvent
  • Terminal operators lodge USD189 million in claims against Hanjin

The Loadstarweb site
OCTOBER 27, 2016
  • CH Robinson eyes more acquisitions as rising costs result in weak third quarter
  • 'More consolidation among container lines better for shippers than juggling alliances'
  • DCT Gdansk hopes it's goodbye to congestion as new container terminal opens
  • HMM may be sole bidder for Hanjin Asia-US network
  • DB Schenker pays over bribery allegations in Russia; Ford still under investigation
  • Uber's self-driving truck completes first shipment - 50,000 cans of Budweiser
  • Brussels Airport's cool investment in pharma transporter is a European first

Marine Logweb site
OCTOBER 27, 2016
  • New feasibility study released on hydrogen fuel cell ferry
  • NY acreage offered for offshore wind development
  • Singapore flag approves Wartsila EGC systems
  • $4.85 million in grants for Marine Highway projects
  • New partnership between Northern Lights, HUG

Lloyd's Listweb site
OCTOBER 27, 2016
  • TEN finds charter for second LNG carrier
    Maria Energy fixed for 18-36 months in deal that could generate more than $70m
  • NAT goes long in tanker deal with SHI
    Updated: Order for three suezmax tankers worth $174m
  • GasLog Partners paves the way
    Vessel acquisition signals return to normalcy and dividend growth in the LNG MLP sector
  • The writing on the wall
    More than half of the shipping industry is exposed to fundamental changes in the energy sector
  • Sulphur cap set for 2020
    Debate at MEPC 70 ends in favour of 0.5% fuel sulphur content cap in 2020
  • Falling Indian fuel demand raises concerns for product tankers
    MR rates surge in Atlantic on pipeline issues and hurricane disruption
  • Cape earnings collapse by 23% on week
    Mood turns ugly as capes underperform smaller bulkers with weak Atlantic and Pacific trades
  • US energy flows keep suezmaxes and aframaxes busy
    Imports on the rise as low oil prices cap production, while the market also views US as a dedicated exporter in the long term
  • Keep costs low to take the beating when it comes, advises Hafnia's Skov
    Hafnia Tankers boss says volatility is unavoidable, so take action to prepare
  • Samsung Heavy Industries sees profit recovery in third quarter
    Restructuring efforts begin to bear fruit
  • Boxship price wars need to be 'decent', says CMA CGM's Saadé
    Rock-bottom rates are not the answer, and could lead to another Hanjin bankruptcy, warns CMA CGM vice-chairman
  • DSME sells Seoul headquarters
    Deal with Capstone Asset Management comes in under expectations at $148m
  • HMM a strong contender for Hanjin's Asia-US assets as deadline looms
    Court will begin accepting letters of interest from potential buyers on Friday
  • Global sulphur cap decision could be made today at IMO
    Contentious fuel availability study results to be discussed at MEPC 70
  • HMM a strong contender for Hanjin's Asia-US assets as deadline looms
    Court will begin accepting letters of interest from potential buyers on Friday
  • DSME sells Seoul headquarters
    Deal with Capstone Asset Management comes in under expectations at $148m
  • Cosco Shipping Ports profit drops on tepid trade growth
    Overall container throughput growth at its terminals slowed
  • Dalian Port nine-month profit falls on slowing demand for port services
    But revenue rose on a 118% jump in trading income volumes
  • Lois Zabrocky to become head of OSG's international spin-off
    High-profile appointment of company veteran celebrates another break of industry's highest glass ceiling
  • Swallowing the anchor
    Only the terminally deluded shipping company recruiter would expect young ship's officers not to be casting around for a shore job at some stage

The Journal of Commerceweb site
OCTOBER 27, 2016
  • Hanjin collapse lengthened truck turn times at LA-LB ports
  • Hub: No end in sight for weak intermodal margins
  • UPS adds capacity as e-commerce demand builds
  • XPO sells US truckload division to TransForce for $558 million
  • Marad bets $4.64 million on container-on-barge
  • In merger, TTS, Sunteck plug into shipper technology needs
  • Trans-Pacific spot rates building despite volatility
  • IMO sulfur cap set to raise shipping fuel surcharges
  • Maher, NY-NJ port authority agree to settle litigation
  • Container Corp. of India expands time-guaranteed rail operation
  • Terminal operators seek $200 million from Hanjin
  • Shippers fear higher Russian stevedoring tariffs will increase costs
  • Hanjin collapse drives idle container ship fleet to all-time high
  • Asia and Australia drive freight M&A deals

TradeWindsweb site
OCTOBER 27, 2016
  • Arne Blystad in dry-bulk OTC offering
    Norwegian magnate seeing to raise up to $100m from capital markets.
  • GSL improves result despite impairment hit
    New York-listed containership owner reduces bottom line loss and boosts adjusted profit.
  • Analysts cheer GasLog Partners dropdown
    Purchase from parent shows return to normalcy in LNG and revitalisation for MLP space.
  • Former Hanjin MR pair to set new marker
    Brokers closely watching transaction that will establish new benchmark price.
  • TEN eyes LNG growth after charter deal
    Maria Energy locked away for 18 months to three years, bringing up to $70m in revenue.
  • First Norwegian AHTS fixed in 17 days
    Broker Westshore says more North Sea pain ahead for owners.
  • Brussels boost for LNG market
    Danske Bank bullish on vote to cut import dependence on Russia.
  • DNB's Holth rides out market downturn
    Head of shipping Kristin Holth says the Norwegian bank's results are strong with good underlying business, despite heavy writedowns.
  • GasLog Partners ends dropdown drought
    MLP signs $189m deal with parent as it releases stable third quarter results.
  • NAT strikes for Samsung suezmax trio
    Herbjorn Hansson sets equity issue cash to work with newbuilding order in Korea.
  • HSH taking over nine Hanjin boxships
    German bank said to be chartering vessels to Maersk Line and MSC.
  • SD Standard in second PSV play
    Martin Nes-chaired company follows up August purchase with 20% stake in second Clarksons Platou-led PSV project.
  • Owners benefit as good times roll for P&I clubs
    Gard, Steamship Mutual and Standard clubs to return premium and seek no general increase.
  • Global trade has left some behind: Skou
    Maersk CEO tells industry leaders shipping must accept trade growth has not been positive for all people globally.
  • Siem sees further rise in lay-ups
    Oslo-listed owner says the struggling offshore support vessel market will remain in a difficult position.
  • Gothia orders two more dual-fuel tankers
    Swedish alliance adds to series of LNG-powered eco-ships at Avic Dinheng in China.
  • Klaveness sells final bulker newbuilding
    Norwegian owner offloads Chinese-built ship to exit standard bulker sector.
  • HMM could be only Hanjin bidder
    Korean rival may have clear run at compatriot's Asia-US liner business.
  • DNB's impairment losses rise to $262m
    Norwegian bank sticks to $2.2bn loan-loss forecast to 2018 in tough shipping markets.
  • Hyundai Heavy cut to 'neutral' at Nomura
    Japanese investment bank says it sees limited upside following recent share price rally.
  • Semua clean tanker set for Singapore auction
    Admiralty sheriff gives interested bidders until early November to submit bid for arrested vessel.
  • Shallow draft LNGC targets Southeast Asia
    Designed to be capable of accessing rivers and shallow harbors with a draft of only two meters.
  • Kirby Corp sees Q3 profit drop over 40%
    Barge firm says lower utilization and scrapping should bring supply and demand back into balance.
  • Buss Capital seals $260m structured facility
    German container leasing company agrees deal with five banks for Singapore subsidiary.

American Shipperweb site
OCTOBER 27, 2016
  • Sunteck, TTS will merge
    Jacksonville, Fla.-based transportation services provider Sunteck will merge with Dallas, Texas-based TTS,and the merged companywill operat...
  • Ocean rates on the rise outside of 'Hanjin effect'
    Ocean freight rates have been on a gradual rise since April, stripping out the short-term impact of Hanjin Shipping's insolvency in late Au...
  • CMA CGM looks to sell APL terminals
    French shipping company CMA CGM is seeking a buyer for the APL container terminals, according to a report in the Singapore Business Times b...
  • UPS reports higher net income, revenues in Q3
    UPS reported a net income of $1.3 billion for the third quarter of 2016, up 1 percent from the third quarter of 2015. Earnings per share f...
  • Public policy coalition opposes STB reciprocal switching regulations
    A coalition led by non-profit public policy organization the Competitive Enterprise Institute has sent a letter to both sides of Congress u...
  • Hub Group Q3 earnings drop even as revenues rise
    Hub Group, Inc. saw net income drop 9.6 percent year-over-year to $17.9 million in the third quarter of 2016, according to the company's mo...
  • Kirby Corp. profits plummet in Q3 2016
    Kirby Corp. saw net earnings attributable to shareholders in the third quarter of 2016 plummet 43.7 percent to $32 million compared with th...
  • IMO reaches decision on sulfur cap
    The International Maritime Organization's (IMO) Marine Environmental Protection Committee (MEPC) will lower the global cap on the amount of...
  • Two investors acquire controlling stake in Pilot Freight Services
    Lima, Penn.-based Pilot Freight Services said Wednesday that two companies - the aerospace, transportation, and logistics-focused private e...
  • Echo's Q3 net income falls 32% despite rise in volumes, revenues
    Echo Global Logistics reported Wednesday its net income for the third quarter of 2016 fell 32 percent from the third quarter of 2015 to $2....
  • Bison develops portable system for weighing containers on chassis
    A New Zealand-based company called Bison has developed a portable system for weighing containers on chassis to help shippers comply with a ...

The Bunker Bulletinweb site
OCTOBER 27, 2016
  • Shipowners consider bunker fuel options after IMO move to 0.5%S
    The decision by the International Maritime Organization Thursday to lower the global sulfur limit of marine fuels at sea to 0.5% would have a profound impact on the fuel oil and bunker fuel marke
  • Petrobras says idles FSRU, cites 'operating costs'
    The Golar Winter floating storage and regasification unit, chartered by Petrobras and moored since 2013 at its LNG terminal in the port of Salvador in the northeastern state of Bahia, is offline to optimize operating costs,
  • IMO sulfur cap weakens fuel oil forward curve, strengthens gasoil
    The back end of the fuel oil forward curve sold off on Thursday after the International Maritime Organization decided to implement a 0.5% global sulfur limit from 2020
  • FACTBOX: Winners and losers from the IMO's 0.5% sulfur bunker cap
    A committee of the International Maritime Organization (IMO) decided Thursday at a meeting in London to impose a new global 0.5% sulfur limit on marine fuels from the start of 2020
  • Weather woes lead to bunker fuel tightness at China's Qingdao port
    Recent bad weather, causing cargo delays, has led to a shortage of bunker fuel at China's Qingdao port, located in eastern Shandong province
  • World's first LNG-fueled bulk carrier expected to be ready Nov 2017
    The vessel, capable of carrying 50,000 dwt of freight, will have a dual-fuel engine that can run on both standard bunker fuel and LNG.
  • UPDATE: IMO decides on 2020 for 0.5% global bunker sulfur cap
    Marine Environment Protection Committee rejected the possibility of delaying to 2025
  • External: Praxis Energy Agents S.A
  • IMO decides 0.5% sulfur cap will be implemented in 2020
    Marine Environment Protection Committee rejects possibility of delaying to 2025
  • European fuel oil cracks surge on tight availability, weaker North Sea complex
    Cracks have been supported in October by tight supply and high trading volumes, rising from minus $10.10/b at the start of the month.
  • External: Wired Bunkering

›››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
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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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