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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
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
They will have a gross tonnage of 54,300 tons and will be delivered in 2032
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.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
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%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
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