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Independent journal on economy and transport policy
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BRIEFS
July 1, 2019
Exim Indiaweb site
JUNE 30, 2019
  • Bahri signs MoU for building new VLCCs
  • Govt approves policy for reimbursement of freight subsidy in transportation of fertilisers through coastal shipping
  • iCall helpline launched to deal with mental illness of seafarers
  • MOL to issue Sustainability Bonds for institutional as well as individual investors
  • OOCL receives top ranked carrier award from AgTC
  • Sattva Logistics launches 'Snapsecure' app for real-time capturing & recording of export cargo stuffing
  • The city of Marseilles pays tribute to Jacques R. Saadé by naming one of its emblematic seafront boulevards after him
  • Iron ore imports surge by 80 pc, exports down by half in last 3 years
  • Steel imports from China down
  • Germany's Wilhelmshaven Freight Village Container Terminal & Navayuga Container Terminal agree on MoU
  • KoPT's Haldia Dock Complex attracting crude traffic
  • Major Ports handle more coal in April-May
  • Commerce & Industry Minister asks transport Ministries to work towards reducing logistics cost to 9 pc of GDP
  • Union Cabinet approves Motor Vehicles (Amendment) Bill. Hefty penalties proposed
  • Advisory Group recommends tax reforms to boost exports
  • No bans have been imposed on export & import of any major agricultural products: Govt
  • Leading lights to confer on pertinent topics at South East CEO Conclave 2019 on July 3 in Chennai

International Transport Journalweb site
  • Creative capital markets

The Loadstarweb site
JUNE 28, 2019
  • Smooth sailing for rates on the transpacific, but rougher seas for Asia-Europe
  • Opposition grows to Dutch plans for 'green' tax on air cargo
  • Relief for busy West Med transhipment sector as new terminal opens at Tangiers
  • Li & Fung Logistics IPO put on hold as Singapore's Temasek injects US$300m
  • DHL Global Forwarding feeling more bullish after a strong first quarter
  • The death of long-haul trucking getting closer
  • Oscar de Bok to join the board at Deutsche Post DHL
  • Supply chain radar: Propelled by 'M&A upside', is Hapag-Lloyd's irrational rally unstoppable?
  • Port director Lisa Wieland to take over as CEO of Massport
  • Europe warns US off as it bids to curtail Air Italy flights
  • Analysis: 'Stay tuned', says FedEx as it bids to halt value destruction a

Marine Logweb site
JUNE 28, 2019
  • Water Taxi Principal and CEO Bill Walker joins FERRIES 2019 speaker line up
    Bill Walker, Principal and CEO of Water Taxi of Fort Lauderdale will be among the leading vessel operators who will be speaking at Marine Log's upcoming FERRIES 2019 conference, which this year
  • Supreme Court rules on Jones Act seafarer unseaworthiness claims
    In what's seen as a big win for Jones Act shipowners, on Monday, June 24, 2019, the U.S. Supreme Court held, in Dutra Group v. Batterton, that punitive damages are not available
  • Crowley Logistics makes two leadership promotions
    Crowley Logistics has promoted two of its veteran leaders, Sal Menoyo and Patrick Collins. Menoyo has been named vice president, Caribbean logistics, responsible for the strategic direction of sales, marketing, and administration
  • New guidance on gas and other low flashpoint fuels
    A new ABS Advisory on Gas and Other Low Flashpoint Fuels provides guidance on available technologies, regulatory requirements and installation and operational considerations for adopting gas or other low flash point fuels.

Lloyd's Listweb site
JUNE 28, 2019
  • From the Newsdesk: Time to address shipping's lack of leadership
    Our regular round-up of the stories behind the headlines and a timely call to celebrate the innovators, the visionaries and...
  • Seafarers released off Nigeria after abduction
    The Indian seafarers had been abducted from the Apecus product tanker in April
  • Skuld only International Group club with underwriting surplus last year
    Run of disappointing results has been widely attributed to an upsurge in major claims of $1m or more, seemingly a...
  • Torm in 'a good place' to spread profit
    The company expects to make a profit for the first time since 2017
  • Grindrod Shipping extends IVS Bulk venture
    The Singaporean firm has been involved in the sale and leaseback of an older ship. It has also been acquiring...
  • Port operators call for level playing field on block exemption rules
    Consortia buying power and vertical integration need to be assessed in competition regulations
  • Slim pickings so far for box freight rates
    Mainlane trades are struggling to increase rates despite blanked sailings, while seasonal demand is expected to be lower than usual
  • Ocean Yield agrees newcastlemax charter deal with CMB
    Ocean Yield buys the vessel that will go on a 15-year charter with options to CMB
  • Daily Briefing
    New maritime fund on investment trail | War risk clauses don't apply in the Gulf, but they soon might |...
  • MPA suspends another bunker operator in Singapore
    According to MPA's figures at the beginning of 2019, Inter-Pacific Petroleum was the 26th biggest bunker supplier by volume
  • Data and technology herald 'sea change' in marine insurance
    Insurance could be priced based on the operating approach of the individual company, rather than a broader brush approach that...
  • Closure of US refinery set to boost tanker rates
    The closure will have a positive impact on medium-range tonne miles as the US east coast looks to European imports
  • The Lloyd's List Podcast: A mid-year shipping outlook
    Michael Webber, Wells Fargo's superstar shipping and LNG research analyst, makes a welcome return to the podcast this week to...
  • The Interview: Denis Petropoulos
    The British are no longer sailing the ship and the job of Baltic Exchange chairman is not what it once...
  • CSIC strikes aggressive newbuilding deals amid market slump
    Lloyd's List understands the newbuilding orders consist of 24 vessels, including very large crude carriers, aframaxes, medium-range tankers, newcastlemax and...
  • Sapura Energy wins $241m in new contracts
    For the first quarter of the financial year 2020, revenue almost doubled to RM1.6bn but it remained in the red...
  • Venture Global raises $675m new funding for Plaquemines LNG
    Plaquemines LNG, which remains subject to regulatory approval, is expected to start exporting LNG in 2023
  • BP signs up for Woodfibre LNG offtake
    Woodfibre LNG is expected to deliver its first cargo to BP Gas Marketing in 2023

The Journal of Commerceweb site
JUNE 28, 2019
  • LA City Council rejects APM automation permit
  • Eastbound trans-Pac spot rate jump belies peak season forecasts
  • PSA India moves to speed import discharges at JNPT
  • Mega-ship calls keep pressure on European hubs
  • US regulator warns truckers to act before ELD deadline
  • West Coast ports investing aggressively to regain market share

TradeWindsweb site
JUNE 28, 2019
  • Hoegh switches out FSRU for Australian project
    AGL Shipping is changing up the floating storage and regasification unit it plans to use on its delayed Australian LNG project. Hoegh LNG announced Friday that the Hoegh Giant was being switched out in favor of the Hoegh Esperanza for a decade-long charter at the Crib Point project, roughly 40 miles southeast of Melbourne. LNG shipowners highlight long-term prospects amid spot volatility The co
  • Tsakos Energy Navigation to pay out on preferred shares
    Tsakos Energy Navigation is set to redeem preferred shares next month for $25 each. Tsakos Energy Navigation would consider LNG spin-off, says chief executive The New York-traded tanker and LNG carrier owner announced Friday that its 8% Series B Cumulative Redeemable Perpetual Preferred shares would be redeemed 30 July. That date will also be the final dividend payment for the shares. The divid
  • MSC Gayane cocaine haul becomes biggest ever
    The seizure of cocaine from an MSC boxship has become the biggest in US history. Five MSC Gayane crew remanded in custody NBC cited the Customs and Border Patrol as saying that it had now recovered nearly 20 tons of the drug from the 9,962-teu MSC Gayane (built 2018) in Philadelphia. This is worth $1.3bn. Officials initially found 15.5 tons of cocaine in seven boxes earlier this month
  • Polaris fund eyeing $1.1bn sale of Molslinjen
    Investment fund reportedly hires investment bank to prepare disposal of Danish company.
  • USC develops LNG-fuelled powerships
    Russian yard group works with designer on new vessel project.
  • Kjell Inge Rokke's Ocean Yield inks newcastlemax deal with Saverys family
    Kjell Inge Rokke's Ocean Yield and Saverys family company CMB have struck a sale and leaseback deal for a newcastlemax newbuilding. It marks the second transaction between the two firms following a containership move last summer and confirms claims from Ocean Yield it would not be constrained by uncertainty around employment of its FPSO. Ocean Yield in market for deals despite FPSO woes The pa
  • Borr Drilling completes $645m financing deal
    Tor Olav Troim company now has access to huge cash pot.
  • Coastal Bulk lands Malteurop contract
    New Zealand owner seals annual deal with country's biggest malting company.
  • Workers seriously injured at Palumbo shipyard
    Two Romanians taken to hospital after forklift accident in Malta.
  • CSIC celebrates $2.1bn of deals in grand ceremony
    Chinese shipbuilder brings industry together to celebrate newbuilding and leasing contracts.
  • Occidental Petroleum pulls plug on VLCC deal with major owners
    US energy firm Occidental Petroleum has aborted plans to charter a string of VLCCs from prominent Greek, Chinese and New York-listed shipowners, tanker market sources say. TradeWinds reported on Wednesday that Occidental was understood to be chartering tankers from John Angelicoussis, Onassis company Olympic Shipping & Management, DHT Holdings and China Merchants Energy Shipping firm AMCL. Major
  • MOL turns to 'sustainability bonds' to fund green initiatives
    Shipowner looks to broaden use of alternative sources of capital to fund social and environmental programs.
  • Moby confirms ro-pax giants in China
    Ferry operator confirms two out of four LNG-ready ro-paxes at GSI

American Shipperweb site
JUNE 28, 2019
  • Los Angeles City Council vetoes permit for Pier 400
    The Los Angeles Board of Harbor Commissioners will reconsider a coastal development permit it approved earlier this month for the APM Terminal at Pier 400.
  • Panelists optimistic about USMCA ratification
    There have been positive signs from both Democrats and Republicans regarding the trade pact's prospects of passage, attorneys said during a conference on Thursday.
  • E-comm, cold storage demand eat up space, raise rents
    The e-commerce boom is causing huge shifts in the nation's industrial and logistics market, from the development of multistory facilities in urban cores to be closer to consumers to rampant cold-storage demand from more online grocery sales.
  • Moody's forecasts more automated container terminals
    Advantages include lower operating costs, increased throughput capacity, improved service reliability and reduced emissions.
  • Chao to receive AOTOS Award
  • Purolator to invest CA$1 billion over next five years
  • Executive Moves: SSA elects first female president
  • Wieland selected as CEO of Massport
  • APMT opens second container terminal in Tangier
  • Opus9 expands into port drayage
  • Six MSC containerships to get cargo system upgrades
  • 'Slight contraction' in worldwide trade expected in Q3
  • Roadrunner CFO Rogers resigning
  • Cargo ships slow speed for cleaner air at Long Beach

The Bunker Bulletinweb site
JUNE 28, 2019
  • Oil slides in late-session selloff on profit taking, G20 uncertainty
    US crude futures settled lower Friday.
  • ARA fuel oil stocks up 15% amid closed Asian arbitrage
    Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp rose 15% on the week.
  • Rotterdam HSFO barges in steep backwardation on tight availability
    Tight availability in the high sulfur fuel oil market contributed to a pronounced backwardation in Northwest European barges.
  • Med HSFO market tightens, affects local bunker markets
    The Mediterranean fuel oil market tightened for RMG grade bunker fuel on reduced output from refineries.
  • Singapore Q3 2019 ex-wharf 380 CST bunker term jumps on tighter supply
    Singapore ex-wharf 380 CST bunker term levels for Q3 loading jumped over term levels for Q2 loading.
  • Singapore's residue stocks drop 4% on week due to lower imports
    Singapore's commercial stocks of residues fell 4% week on week.
  • Singapore prompt HSFO swaps spread jumps to 4-year high on shrinking supply
    The prompt backwardation spread in the Singapore high sulfur fuel oil swaps market vaulted to a 4-year high.
  • SHIPPING QUARTERLY: Container market feels impact of US-China trade tensions
    There is a serious knock-on effect on fuel prices and associated freight rates as IMO 2020 looms.
  • Singapore light distillate stocks slips 2% as gasoline exports hit 6-week high
    Stocks of light distillates totaled 12.236 million barrels in the week ended June 23.
  • Malaysia's Gafung Petroleum ties up with Bintulu Port for bunkering
    The company aims to "provide round the clock fuel bunkering services at major ports through-out Malaysia", Yusuf said.

›››File
FROM THE HOME PAGE
LAW
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.
PORTS
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
SHIPPING
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
PORTS
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%)
PORTS
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
COMPANIES
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
ACCIDENTS
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
PORTS
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
COMPANIES
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
PORTS
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%)
PORTS
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
PORTS
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
PORTS
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%
PORTS
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%)
SHIPPING
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
SHIPPING
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
SHIPPING
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
PORTS
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
SHIPPING
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
ACCIDENTS
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
SHIPPING
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
SHIPYARDS
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
SHIPPING
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.
CRUISES
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
ACCIDENTS
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
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
ACCIDENTS
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
LOGISTICS
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
SHIPPING
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%)
CRUISES
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%
SHIPPING
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%
SHIPPING
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%
PORTS
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
RAILWAY TRANSPORT
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%)
PORTS
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.
CRUISES
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
SHIPYARDS
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
PORTS
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
SHIPPING
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
CRUISES
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
SHIPPING
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PORTS
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
PORTS
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%.
RAILWAY TRANSPORT
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.
SHIPYARDS
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
SHIPYARDS
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
SHIPYARDS
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.
ACCIDENTS
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
CRUISES
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.
PORTS
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%)
PORTS
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
COMPETITION
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.
FREIGHT TERMINALS
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
INTERMODAL TRANSPORT
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%).
PORTS
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
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.
LEGISLATION
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
ACCIDENTS
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
SHIPPING
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.
PORTS
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
TRANSPORTATION
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
SHIPPING
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
TRANSPORTATION
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.
ACCIDENTS
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
PORTS
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
PORTS
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.
PORTS
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
LOGISTICS
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
PORTS
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
CRUISES
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
PORTS
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
PORTS
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%)
SHIPPING
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%
SHIPPING
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%.
PORTS
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%.
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
PORTS
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
INDUSTRY
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
SHIPPING
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
PORTS
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
SHIPPING
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
COMPANIES
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%)
MOURNING
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
PORTS
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
PORTS
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
PORTS
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
COMPANIES
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
PORTS
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%
PORTS
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%
LOGISTICS
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
LOGISTICS
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.
SHIPPING
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
PORTS
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
SHIPPING
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.
SHIPPING
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
ACCIDENTS
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
PORTS
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
PORTS
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%)
INTERMODAL TRANSPORT
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.
PORTS
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
ACCIDENTS
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
SHIPPING
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
COMPANIES
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
PORTS
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
PORTS
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
PORTS
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
EDUCATION
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
INTERMODAL TRANSPORT
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
TRANSPORTATION
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
ACCIDENTS
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"
INFRASTRUCTURE
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
LOGISTICS
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
LOGISTICS
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
PORTS
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
COMPANIES
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
PORTS
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
PORTS
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
INDUSTRY
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
PORTS
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.
LOGISTICS
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
ASSOCIATIONS
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
PORTS
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
FREIGHT TERMINALS
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
INDUSTRY
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
OFFSHORE
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
LOGISTICS
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.
ASSOCIATIONS
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
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
MEETINGS
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
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
SHIPPING
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
EDUCATION
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.
NEWS
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.
INDUSTRY
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
SHIPPING
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
ACCIDENTS
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
ACCIDENTS
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
SHIPPING
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.
INTERMODAL TRANSPORT
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
PORTS
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
CRUISES
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%
PORTS
Western Liguria Port Authority approves 2026 budget update
Genoa
PORTS
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
INDUSTRY
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
PORTS
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
PORTS
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%
SEAFARERS
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
PORTS
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
PORTS
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
PORTS
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%)
PORTS
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
PORTS
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
RAILWAY TRANSPORT
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.
PORTS
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
PORTS
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%)
SHIPYARDS
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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