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Independent journal on economy and transport policy
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BRIEFS
May 3, 2019
Sched Netweb site
  • OOCL acquisition boosts Cosco's Q1 revenue and profit
  • ONE aims for 2019 net profit of US$85m after losing $586m last year
  • DSV expects Panalpina deal to complete in Q3 as Q1 profits surge 25pc
  • Mombasa port earns US$450m as rail freight ramps up business
  • ICTSI welcomes Philippine government's clampdown on overstaying boxes
  • CN to invest hundreds of million in railway network improvements
  • CEVA hauls large quantity of garments by truck to Spain from S China
  • Australian court convicts man of plotting to blow up airliner for IS group
  • Air cargo helps Alaska Air to maintain slight Q1 profit
  • Bollore Logistics' Osaka office earns IATA CEIV Pharma certification

Exim Indiaweb site
MAY 2, 2019
  • Bahri CEO Abdullah Aldubaikhi featured among top 50 industry leaders
  • Baltic Dry Index sees striking rise
  • Implementation of Sea Cargo Manifest & Transhipment Regulations further deferred to Aug. 1
  • Maersk successfully delivers reefer exports of butter from Uttar Pradesh to Turkey
  • S. Xavier Britto, Chairman of Kerry Indev Logistics, bestowed Doctorate by Vice-President Venkaiah Naidu
  • Coal shipments at Major Ports climb 11 pc
  • JNPT introduces new Container Terminal Data Centre as part of 'Ease of Doing Business' initiative
  • Kalmar continues its electrification journey with fully electric empty container handler
  • M. Beena given additional charge as Chairperson of New Mangalore Port Trust
  • OOIL announces sale of Long Beach Container Terminal
  • DHL SmarTrucking in transportation agreement with Singer India

International Transport Journalweb site
  • Shifting capacities
  • ATA awards Alaska's safest truck fleet
  • Continental Cargo Carriers invests in fleet
  • Four new consulting and sales experts
  • Stepping up digital efficiency at ECT terminal
  • New rail hub opens in California
  • Distributing dates for Ramadan
  • Craiss sets up joint venture with ITK
  • Acquired railcars strengthen intermodal business
  • U-Freight on the move in Beijing
  • Technical upgrades for Sovcomflot's tankers
  • Pertamina to order A400M for Pelita Air subsidiary
  • "Curiosity of the Day"
  • Challenging quarter for Ceva
  • Swedish carrier runs new shuttle for furniture dealer
  • Turhan özen joins Tiaca board
  • Medcenter Container Terminal extends range of equipment
  • Mahan Air makes a comeback to Saint-Petersburg

The Loadstarweb site
MAY 2, 2019
  • Seaspan gains $227m charter penalty windfall from Ocean Network Express
  • Enlarged fleet drives 'better-than-expected' revenue and profits for Atlas Air
  • Amazon denies online platform is out to undercut road freight market
  • DHL among five firms axed from UK PPC after late payments to suppliers
  • Maersk joins FreightHub investors as it secures $30m in fresh funds
  • Heathrow campaigners lose High Court challenge against third runway
  • Twill chief Troels Randbøll Støvring quits to be a stay-at-home dad
  • US perishables exporters eye a better crop, but trade barriers may give them the pip
  • The macro view: Coca-Cola's & Apple's supply chains - the eternally recurring 'make or buy' dilemna
  • Market Insight: Flexport's secret sauce is not what you think it is
  • Supply chain radar: XPO Logistics' Bradley Jacobs is a genius, but...
  • Market Insight: It's not all about IT - lessons on innovation in shipping

Marine Logweb site
MAY 2, 2019
  • Wärtsilä Aquarius UV gains USCG type approval
    The U.S. Coast Guard Marine Safety Center has issued the 18th U.S. Coast Guard Ballast Water Management System Type Approval Certificate to Wärtsilä for its Aquarius UV (Ultra-Violet) BWMS. After a detailed
  • Huntington Ingalls has $41 billion backlog
    Huntington Ingalls Industries (NYSE: HII) reported first quarter 2019 revenues of $2.1 billion, up 11.0 percent from the first quarter of 2018. The increase was driven primarily by higher volume at HII's
  • Senator wants "Buy American" provision in Small Shipyard Grants
    U.S. Senator Tammy Baldwin (D.Wis.) today introduced the bipartisan Strengthening Buy America for Small Shipyard Grants Act. It aims to strengthen Buy American requirements for federal Small Shipyard Grant funding. The bill
  • Is green ammonia the miracle fuel shipping has been waiting for?
    Ammonia is already being seen as having a lot of promise as a marine fuel that can help world shipping meet IMO's target of a halving GHG emissions by 2050, As we
  • Hannes Norrgren named new CEO of Humphree
    Volvo Penta reports that Hannes Norrgren has been appointed the new CEO of Swedish marine technology provider Humphree, which specializes in trim and stabilization systems for boat control. Volvo Penta became Humphree's
  • White paper looks at IMO sulfur cap and cylinder lubricants
    "The use of one type of fuel oil by the majority of the global fleet accompanied by one type of lubricant will soon become a thing of the past," says a new
  • Kirby first quarter hit by record delay days
    America's largest tank barge operator, Kirby Corporation (NYSE: KEX), today reported first quarter net earnings of $44.3 million, or $0.74 per share, compared with earnings of $32.5 million, or $0.54 per share,

Lloyd's Listweb site
MAY 2, 2019
  • Ardmore sees boost for tankers from IMO 2020 effect
    'On top of strong underlying demand growth, the transformation of global energy supply chains in response to IMO 2020 has...
  • Epic Gas chief vows to maintain autonomy from BW
    'This is an investment that has been made by BW Group into Epic, in a similar way to which they...
  • Republicans say Trump won't waive Jones Act
    Jones Act restrictions often mean Puerto Rico and parts of the north east in the US are forced to source...
  • Scorpio Tankers bullish on long range tankers
    President Robert Bugbee said it is not unreasonable to see long range tankers at $50,000 per day, with medium range...
  • Sustainable ammonia production touted to power shipping
    A news study claims up to $6trn would have to be invested by 2050 to power just two vessel types...
  • V.Group and the art of management
    V.Group chairman John Pattullo's replacement of CEO Ian El-Mokadem with board director Graham Westgarth was so swift that the altered...
  • Shipping has a range of autonomous solutions
    However, higher levels of standardisation are required - something that many equipment manufacturers are reluctant to embrace because they want...
  • Seaspan boosted by high vessel utilisation
    A larger fleet and one-off gains pushed up revenues and earnings at boxship owner
  • Fire in the hold
    Dangerous goods continue to plague box shipping, and the whole supply chain must take responsibility
  • Risky waters offering new opportunities
    Stronger ships, better-trained crew and more specialised equipment are a necessity in conquering the Arctic's uncharted waters
  • Viewpoint: A shot in the foot
    If the expertise of Babcock, BAE Systems and Cammell Laird and the assemblage of skills in Rosyth are to be...
  • Daily Briefing
    Demand uncertainty halts Japan's LNG charge | UK scraps remaining Brexit ferry contracts | Brexit debate has highlighted crucial role...
  • Saudi coastguard rescues distressed Iranian tanker
    Sabiti, meanwhile, is now sailing for the Suez Canal after reducing speed and spending time alongside Happiness I, its most...
  • The ILWU leads protests against transfer of Oakland's Howard Terminal to city's baseball team
    The port was closed for eight hours on Wednesday as part of an annual May Day agreement between the union...
  • Teekay Offshore lines up $100m refinancing for three FPSOs
    Teekay Offshore, which slipped into the red in the first quarter, has been earmarked for divestment by its parent group...
  • Bangladesh's second FSRU starts operations
    Excelerate also oversaw the fixed infrastructure components of the Summit LNG Terminal, which included a subsea plug, mooring system, and...
  • Singapore completes first commercial ship-to-ship LNG bunker transfer
    Sleipnir, the heavylift vessel that received the LNG bunker, is the first offshore construction vessel to be built with an...

The Journal of Commerceweb site
MAY 2, 2019
  • XPO making diversification inroads after top shipper loss
  • Manzanillo container yards to speed truck fluidity
  • Cyclone to cause Chittagong container delays
  • PSA's JNPT terminal peps for faster growth
  • UK advisory undercuts IMO greenhouse emissions goals
  • Oakland port strategy mitigates import surges
  • Shipping contract visibility push paying dividends

TradeWindsweb site
MAY 2, 2019
  • CSA 2020 gets scrubber commitments from more than 20 ports
    Group says it met with port authorities around the world, who committed to permitting open-loop scrubber use
  • Scorpio: Tanker upswing will hit all segments
    Scorpio Tankers sees the impending product tanker boom brought on by IMO 2020 as a rising tide, lifting all its ship segments. On the New York-traded company's first quarter conference call Thursday, president Robert Bugbee said whether the tanker is an MR, LR1 or LR2, "they're all going to benefit from IMO. "There's no question," he said. Scorpio Tankers back in black in first quarter Scorpio
  • Capesize rates set to beat five-year highs, CTM says
    Rates for dry bulk shipping's largest asset class more than tripled last month.
  • Teekay changes up notes offer
    Teekay Corporation has lowered its note offering by $50m as it looks to push its debt maturities back. The New York-traded tanker and gas player announced it would offer $250m in 9.25% senior secured notes due November 2022, instead of the $200m due 2024, as announced 24 April. The notes, along with the $100m Teekay received from selling its stake in Teekay Offshore Tuesday, plus $160m in cash,
  • Exmar looking to refinance July-due bonds
    Exmar's Dutch subsidiary is hitting the road to try and refinance some bonds. The company announced Thursday that it is working with DNB Markets, Nordea and Pareto Securities to organize a series of meetings with fixed income investors starting next week. The meetings will be to drum up interest in refinancing bonds maturing in July. The gas carrier owner said an unsecured bond offering with up
  • Diana Shipping inks charter with Ausca Shipping
    Simeon Palios-led bulker player fixes panamax below market rate, according to Clarksons.
  • K Line leads Japanese corporate reforms in push to lift profit
    Influence of major shareholder Effissimo prompts K Line to prioritise share price and earnings improvement after a dismal season
  • Ex-ICBC shipping boss Yang leaves Beijing finance giant
    Leading ship financier Yang Changkun confirms he is quitting ICBC Financial Leasing for destinations unknown
  • Cohens heartened by LISCR's return to US Qualship list
    Brothers say US Coast Guard designation is not only measure of Liberian flag's quality, but is a prize that has been regained through inspector hires and technological investment
  • Lindblad Expeditions beats Wall Street consensus
    New York-based owner's bottom line benefits from tax perk.
  • Klaveness raising cash for more combination carriers
    Klaveness Combination Carriers (KCC) is to launch a private placement of its shares to raise cash to pay for up to two of its newbuilding options. The owner of combination carriers hopes to raise between NOK 200m and NOK 400m ($23m to $46m) in new equity by issuing new stock, which will be listed on the Oslo Stock Exchange by the end of May. The cash raised will fund the equity portion of up to
  • Wartsila snaps up electronics specialist SES
    Finnish technology group Wartsila has acquired a UK shipping electronics company. It said Ships Electronic Services (SES) specialises in navigation and communication electronics, installation, maintenance and repair services, mainly for commercial and leisure vessels. Turnover is '10m ($13m) and the company employs 47 staff. The enterprise value of the transaction is £3.2m. "Wartsila has a lon
  • ExxonMobil beats Qatar to secure shipyards' LNG offers
    Shipbuilders have submitted their offers to energy major ExxonMobil for a series of up to eight LNG carrier newbuildings ahead of Qatargas' huge LNG ship tender. ExxonMobil makes formal approach to shipyards for eight-unit LNG carrier order Initial bids are understood to have been filed during April for two firm vessels and up to six optional ships. The first vessel is required for delivery in
  • Details of Qatargas' bumper LNG tender start to emerge
    Delivery spread, number of firm vessels and yard engagement suggest business can easily be absorbed by the shipbuilding sector in the current climate
  • TradeWinds poll: have your say on mandatory slow-steaming
    Embed: The TradeWinds slow-steaming poll Heavyweight owners swing behind slow-steaming To slow-steam or not to slow-steam, that is the question for TradeWinds readers. Momentum has been building behind some form of speed limitation regulations for vessels at the IMO in a bid to reduce emissions - and raise rates. But is this a pain-free panacea for shipping's environmental problems, as its adv
  • Pangaea Logistics Solutions sees opportunity rise from dust of cooling towers
    Ed Coll-led bulker operator is continuing to pursue niche opportunities like windfarm storage even if its efforts remain largely undiscovered by broader investor base
  • Hyundai Heavy Industries posts unexpected profit
    South Korea's Hyundai Heavy Industries group (HHI) has surprised equities analysts by reporting a profitable first quarter. HHI reported a KRW 2.8bn ($2.4m) net profit for the first three months of 2019 - a big comeback compared to the loss of KRW 222.9bn recorded in the previous quarter. Shipbuilders finding ways to adapt to challenging market Hyundai Mipo Dockyard reveals ambitions for 2019
  • Scorpio Tankers back in black in first quarter
    New York-listed Scorpio Tankers has returned to profit after reducing costs in the first quarter. Scorpio Bulkers to hold onto sister stake Net earnings to 31 March were $14.47m, against a loss of $31.79m in 2018. Revenue grew to $195.83m from $156.44m. But it cut operating costs to $135.73m from $149.12m over the same period. This was due to charter hire expenses being slashed. So far in th
  • International Group's pooled claims could hit 10-year high
    24 pool claims in excess of $10m each may signal end to low claims environment
  • Tim Turner takes Beazley's reins from Clive Washbourn
    Tim Turner is running Beazley's marine insurance department after taking over from well-known industry figure Clive Washbourn. The change at the top of the London-headquartered specialist insurer's marine department took place at the very end of last year, but there was no official media announcement. Beazley's 'control freak' earned freedom to eschew big names and set his own profitable strateg
  • US pursues $8m tax claim against supplier of cigarettes and alcohol to ships
    A tussle over taxes between the US government and a Port of Houston duty-free seller that provides cigarettes and alcohol to merchant ships has spilled over into bankruptcy court. The US Tobacco Tax and Trade Bureau is fighting to keep intact it's claim that Gulf Coast Maritime Supply owes more than $8m to the federal government, continuing a fight that stretches back nearly six years. The claim
  • Bertram Rickmers targets 40 ships in feeder segment
    Rickmers-led Asian Spirit Steamship Company poised for more orders after first feeder containerships are fixed at significant premium
  • Molslinjen must pay Danish state for delays
    Denmark's Molslinjen will have to compensate the government for poor customer satisfaction and delays on its Bornholm service. The total amount payable is EUR 1.5m ($1.7m), the ministry of transport said. A poor customer satisfaction survey cost it DKK 200,000, with the rest arising from lack of documentation submitted to the ministry for cancelled and delayed departures, as well as insufficient
  • KfW comes up with cash for Baltrader newbuildings
    Germany's KfW IPEX-Bank is providing financing for two new cement carriers ordered by domestic owner Baltrader. Baltrader orders dual-fuel cement carrier duo The EUR 15.7m ($17.58m) package is covered by a Chinese export credit guarantee from Sinosure. Fujian Southeast Shipyard in China will deliver the CemCoaster and CemClipper in 2020. They are designed to allow a future upgrade to dual-fuel
  • Tanker earnings rising at James Fisher
    UK marine group James Fisher has said trading so far this year is in line with expectations. But the London-listed owner said its product tankers and offshore oil division are trading "well ahead of last year." Fisher reveals Borealis tanker buy with more to come "With a good start to 2019, the board considers that the group's outlook for the year remains positive and that James Fisher continue
  • Seaspan banks $227m gain after charter switch
    US-listed containership owner Seaspan has banked $227m after re-chartering seven vessels. The company said the moves were made "during the normal course of business" and involved one of its top five customers. Seaspan eyes LNG shipping move with Cosco deal Seaspan puts $200m down on Swiber Holdings The modified arrangements meant that existing time charters for the seven ships continued until
  • Scientology cruiseship quarantined after measles case
    A cruiseship owned by the Church of Scientology has been quarantined in the Caribbean after a case of measles was found on board. Measles alert for passengers on Tallink ro-pax Pacifica hit by measles The Washington Post cited authorities in St Lucia as saying a case had been detected. A sergeant with the St Lucia Coast Guard told NBC that the vessel is the 9,800-gt Freewinds (built 1968). Me
  • NITC VLCC suffers loss of control off Saudi Arabia
    An Iranian VLCC has suffered engine failure and loss of control off Saudi Arabia. Saudi state media sources said authorities had received a distress call from NITC's 299,000-dwt Happiness I (built 2003) on Tuesday. US to spark VLCC demand as it chokes off Iranian oil exports It is carrying more than 1m barrels of fuel oil 70km off Jeddah. The crew of 26 includes 24 Iranians and two Bangladeshi
  • Subsea 7 confirms Toisa DSV purchase
    Norwegian owner and contractor Subsea 7 has confirmed it has acquired a diving support vessel (DSV) from Greece's bankrupt Toisa group. Brokers had reported the 131-loa Toisa Pegasus (built 2008) sold for $38.95m in January, Kristian Siem-backed Subsea 7 said the vessel has been renamed Seven Pegasus. Small is best as Toisa OSV buyers bag big discounts The company logged new awards and escalat
  • Sovcomflot completes first phase of Green Funnel tanker haul
    Russian shipowner Sovcomflot (SCF Group) has delivered its sixth dual-fuelled aframax tanker to the vessel's long-term charterer, Shell, as it moves on to the next phase of the company's Green Funnel newbuilding plan. Shell bunkers first Sovcomflot aframax with LNG Michael Samuel - great-grandson of Sir Marcus Samuel who founded Shell Transport & Trading Co in 1897 - was on hand to see the 114,0
  • BP sets time charter rate tone with Capital Gas LNG deal
    Energy major gives Greek owner its first break with charter but are other new LNG entrants also in the frame?
  • ExxonMobil snares another MR tanker newbuild quartet
    Major bumps up MR haul to eight, while owners jostle for specialised aframax vessels
  • British Marine and Klaveness clash in court over collision
    Mississippi River incident sparks four-way legal tug of war in the US and UK between owning, chartering and stevedoring interests
  • Trump vows to maintain LNG carrier restrictions
    US president Donald Trump has pledged not to weaken restrictions protecting domestic LNG carrier business to Puerto Rico and the North-east. USA Today reported that he promised a group of Republican lawmakers on Wednesday he would not waive the Jones Act to allow overseas ships to muscle in on the trade. Trade groups give Trump's Jones Act waiver idea thumbs down "The president gave his word,"
  • Bourbon takes five PSVs out of layup
    The OSV recovery has prompted French shipping giant Bourbon to bring a series of ships out of layup. It said the upturn in rates appears to have started in the first quarter. Five platform supply vessels (PSVs) have been reactivated to meet demand. Pareto finally offloads PSV trio 'Unique' ice-class Bourbon OSV fetches hot price It has also brought back an unspecified number of vessels in its
  • NAO reactivates last PSV as North Sea sector soars
    Emanuele Lauro-led Nordic American Offshore (NAO) has a full working fleet of platform supply vessels (PSVs) after bringing another two out of layup. NAO PSV out of winter layup for Apache deal Broker Westshore reported that Norwegian owner and contractor Subsea 7 has fixed a trio of NAO PSVs for two weeks of pipehaul duties in the North Sea. The deals come with 14 days of options. The contrac
  • Future set fair for shipyard survivor Penguin International
    Low profile Singapore firm set to benefit from diversification and improving offshore market, says analyst.
  • Pavilion claims Singapore STS LNG bunkering 'first'
    Norgas Carriers' Norgas Innovation deployed in operation to refuel heavy-lift vessel.
  • Wintermar starts new fiscal year with bigger loss
    Indonesian presidential elections dampened active in first quarter says offshore vessel operator.

American Shipperweb site
MAY 2, 2019
  • Carrier alliances have grown but competition remains
    FMC commissioners told during a meeting Wednesday there is "ample capacity" and freight rates have decreased.
  • Cassidy: Trump to oppose Jones Act changes, waivers
    President Trump was reportedly considering granting Puerto Rico a waiver in the requirement that U.S.-flag vessels be used to transport LNG from the mainland to the island.
  • Importers share ways to mitigate duty risks
    Duty drawback programs and foreign-trade zones are two options, speakers said during a JAXPORT conference, but there are other ways to lower the financial obligation.
  • Executive Moves: Maersk, dexFreight, Air Partner, Crowley
  • GOP senators urge Trump to support IMO 2020
  • Elements for successful U.S. sanctions compliance
  • New York shipbroker settles U.S. sanctions violations

The Bunker Bulletinweb site
MAY 2, 2019
  • Crude falls back as US inventory build alleviates supply crunch concerns
    Oil futures settled lower Thursday as traders looked to book profits.
  • Clean tanker owners prepare fuel strategies ahead of IMO 2020
    Clean tanker owner companies Ardmore Shipping and Scorpio Tankers discussed their bunkering plans ahead of the implementation of IMO 2020.
  • ARA fuel oil stocks up by 6% on closed arbitrage east: PJK
    Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub rose by 6%.
  • Shell Norco complex on solid footing for IMO 2020: official
    Shell Norco is prepared for new IMO 2020 regulations to start next year.
  • East-west HSFO arb expected to reopen for May on tighter Singapore
    Market participants in the Northwest European high sulfur fuel oil market see the arbitrage east reopening.
  • ICE May Singapore HSFO open interest up 23.89% to 13.76 mil mt
    Open interest for front-month May high sulfur fuel oil contracts traded on the Intercontinental Exchange rose.
  • FEATURE: Shipping industry split over slow-steaming proposal to cut GHG emissions
    The use of short-term solutions may hamper the industry's incentive to develop that technology, the UK Chamber of Shipping said.
  • Platts Dubai MOC volume hits multi-year highs as supply concerns dominate
    The Platts MOC last saw a higher volume of trades in a single day in 2015.
  • Onboard fuel compatibility testing rises as IMO 2020 nears: Parker Kittiwake
    It is crucial that these new fuels are managed effectively at all key stages of supply, Herring said.
  • Germany's Zeaborn enters tankers segment with CPO Tankers acquisition
    "The acquisition enables Zeaborn Ship Management to expand its service portfolio to the wet market for oil and product tankers," the company said.
  • Asian crude spreads strengthen on Venezuela, US sanctions deadline
    The intermonth spreads for Dubai also strengthened in mid-morning trade in Asia, helped by bullish sentiment for medium and heavy sour crude.
  • TRADER NOTE: Fuel oil trader Sebastien Kahmann joins Zenrock Commodities
    Kahmann worked with Gunvor over August 2017-December 2018.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
An Iranian merchant ship was hit in the Strait of Hormuz
Tehran/Southampton
One sailor died and four other crew members were injured.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
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