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Independent journal on economy and transport policy
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BRIEFS
June 3, 2019
Sched Netweb site
  • Asia-Europe rates up 5pc to US$780/TEU, USWC soar 13.7pc to 1,471/FEU
  • HK rejects US warning on ship violating Iran sanctions
  • CMA CGM to double down on cost-cutting to adapt to a changing market
  • CMA CGM opts for London Gateway as it re-jigs reefer services
  • New accounting rules expose container shipping's debt dilemma
  • Ukrainian seaports handle more cargo and containers in Jan-April
  • Philippines Iloilo port development gets vital backing from Senator Drilon
  • Land, air and sea search for faster delivery of China-European containers
  • Hong Kong targets high value cargo, e-commerce in 'Airport City' vision
  • Shenzhen's SF Express thinking and acting globally with DHL, FedEx, UPS
  • JAL, MAB sign joint business agreement to extend air cargo cooperation

Exim Indiaweb site
JUNE 2, 2019
  • Baltic Dry Index down to 1,097 points
  • Britannia first P&I Club to join Maritime Anti-Corruption Network
  • Mansukh Mandaviya is the new Minister of Shipping
  • New cyber security clause now available
  • ZIM reaffirms commitment to highest standards of sustainability & business ethics in report
  • Castor oil export down by 8.8 pc in April 2019 due to US-China trade battle
  • Coconut product exports to cross INR 2,000 cr. in FY19
  • Port of Hamburg builds on its success as it looks to the future
  • Global freight & transport demand to surge by 2050 but will see significant disruptions, says report
  • Exporting fraternity welcomes new govt & looks forward to economic growth, sustainable & inclusive development, says FIEO
  • Final report on cryptocurrency ready to be submitted
  • Govt statement on withdrawal of India's GSP benefits by US
  • SEA submits representation to DGFT for bulk export of rapeseed oil, mustard oil
  • South East CEO Conclave & Awards 2019 to congregate the fraternity in Chennai on July 3
  • The new Council of Ministers

International Transport Journalweb site
  • Digital drive for inland barges
  • Combined transport growing in Europe
  • Investing in warehousing in Australia
  • US shortline railroad purchased
  • Port of Esbjerg enhancing crane capacities
  • Mieloo & Alexander expanding into Germany
  • Peruvian customs changes reporting requirements
  • Rhenus and E-Dentic develop new loading solution
  • Dongguan-Vorsino rail service
  • Erik Peuschel leaving Engel & Völkers executive
  • Investment at London Medway
  • IAG Cargo returning to Pakistan
  • K+N issues inaugural bonds for CHF 400 million
  • New train linking Baltic and Ukraine
  • Rebirth of KNSL a game-changer
  • New technical director for port of Turku
  • "Curiosity of the Day"
  • Utair planning Ufa-Vienna service

The Loadstarweb site
MAY 31, 2019
  • 'Trump card' played in US-China trade war could mean a winning hand for carriers
  • Etihad Cargo acquires specialist forwarder Armaguard Valuables Management
  • Successful blockchain trial shows paper bills of lading are now 'historic artefacts'
  • Port of Melbourne $300m 'rail solution' would restrict competition, claim shippers
  • Forwarders dragging their heels over digitisation - and it could cost them, claims report
  • The Morrow Roberson road test: myDHLi - why is it so limited?
  • Uber's earnings are confusing, by design
  • Market Insight: Did the reciprocal TradeLens & Traxens investments this week hide another story?
  • Eight ways to improve air cargo in 2019
  • On the wires: Why CMA CGM delivered a shockingly good (and bad) interim update

Marine Logweb site
MAY 31, 2019
  • Chicago scrap recycler launches river transport subsidiary
    Chicago headquartered scrap metal recycler B.L. Duke has launched a new wholly owned subsidiary, B.L. Duke River Transport. The new division will focus on stevedoring services with both indoor and outdoor storage.
  • VIDEO: Newport News lands 588-ton JFK island
    Digital technology marked the exact location where Huntington Ingalls Industries (NYSE:HII) landed the 588-ton island onto the flight deck of the aircraft carrier John F. Kennedy (CVN 79) during a ceremony held
  • Fast cat is test bed for new MTU and ZF monitoring system
    Rolls-Royce and ZF are developing a new electronic monitoring system for ships. The aim is to achieve maximum vessel availability, while keeping fuel consumption and CO2 emissions to a minimum. Called the
  • Chouest gets $11.7 million Navy contract mod
    Edison Chouest group member Alpha Marine Services LLC, Galliano, La., has been awarded an $11,710,536 contract modification to fund the first one-year option period for the charter hire of U.S.-flagged Maritime Support
  • Norled picks Westcon to build hydrogen powered car ferry
    Green ferry pioneer Norled has commissioned the Westcon shipyard in Ølen, Norway, to build two new ferries - one of which will be the world's first hydrogen fuel cell powered car ferry,

Lloyd's Listweb site
MAY 31, 2019
  • Hormuz blockade would mean $554bn hit to seaborne trade
    'Loss of oil as an input will hurt the ability of companies in Asia to produce the goods that are...
  • International investors must weigh political risk
    A relatively predictable conclusion to election season in Asia was finished off by by a surprise change of prime minister...
  • Transpacific ocean freight rates fall to 48-week low
    China-US west coast rates have dipped under May 2018 levels once more and have slumped more than 20% since April
  • Ince brand name to live on
    The new brand represents the culmination of the business's strategy of acquisition and integration that will have grown revenues to...
  • Flex LNG lists in the US as first-quarter loss widens
    The Norway-based company is more bullish about prospects for the second half of the year
  • From 2020 to 2050: The immediate issues of future fuels
    2020 is only the beginning of a long and difficult transition that will define shipping's future
  • ECA on the fjords
    The maritime industry that operates in the fjords will need to raise its game if it is to meet the...
  • Digital forwarders gaining traction
    Tech-enabled forwarders are a catalyst for change in the global forwarding market but questions remain over how much they will...
  • Eurogate Intermodal launches new Rotterdam-Germany rail links
    Eurogate Intermodal said the new services are in response to 'increasing cargo flows via the western ports and the associated...
  • Daily Briefing
    China open to scrubber exclusion zone extension | CSSC Shipping IPO overvalued? | Exclusive interview: Saskia Groen-in't-Woud
  • Third officer blamed for China bulker deaths
    Two of the 19 injured have left the hospital, while the remainder are in 'stable condition' as investigations continue
  • The Interview: Saskia Groen-in't-Woud
    Firmly fitting the Maersk mould, Damco Freight Forwarding chief executive Saskia Groen-in't-Woud explains how the newly formed company will fit...
  • Rizhao Port Jurong seeking $66m in Hong Kong IPO
    The joint venture between Rizhao Port Co Ltd and Jurong Port Group will offer 400m shares at a price between...
  • Vancouver port strike averted after last-minute talks
    Negotiations between the British Columbia Maritime Employers' Association and the International Longshore and Warehouse Union Canada began 18 months ago...
  • Floating regas projects face pushback in Australia
    Not everyone buys the idea that importing liquefied natural gas is a panacea to the woes brought about by high...

The Journal of Commerceweb site
MAY 31, 2019
  • Appeals court backs subpoenas in ILA wildcat strike probe
  • CP's Yang Ming contract to help Vancouver fluidity
  • New Landstar CCO takes reins amid falling revenue
  • US scrap export decline worsens in 2018
  • Grant secures Oakland port truck fluidity project
  • India, Japan help revive Colombo terminal project
  • Tariff tremors test top 100 US importers, exporters

TradeWindsweb site
MAY 31, 2019
  • Global Ship Lease discloses loan deal for boxship buy
    Global Ship Lease is taking out a $37m loan to finance the acquisition of three Zeaborn boxships. The New York-listed Ian Webber-led owner disclosed the deal with Hellenic Bank after the close Friday, according to Securities and Exchange Commission filings. It will pay for a good chunk of the $48.5m swoop for a trio of 7,849-teu ships built 2004 announced 23 May. Then, the company said the new s
  • Judge asked to delay decision in Carnival pollution case
    Small group wants to be heard on proposed settlement to dismiss cruise major's probation for environmental wrongdoing.
  • D'Amico joint venture moves MR tanker
    A D'Amico International Shipping has announced a joint venture sold its sole tanker for $28.7m. Eco Tankers - in which d'Amico has a 33% stake split with Venice Shipping - disclosed the deal for the 49,990-dwt High Sun (built 2014) Friday. Paolo d'Amico watching product tanker period market as rates get 'interesting' The buyer was not disclosed. The transaction is expected to net Eco Tankers $1
  • Samos Steamship secures healthy rate for LR1 in Trafigura charter
    Greek owner Samos Steamship is fetching a strong rate for one of its LR1 tankers. European brokers said trader Trafigura has fixed its 79,000-dwt Epicurus (built 2017) for a year at $18,750 per day. The rate is well above Fearnleys $15,000-per-day assessment of a one-year LR1 charter. However, a market source told TradeWinds that figure was low compared to his outfit's one-year charter assessm
  • American Club fights back after North raid on key staff
    The American Club has quickly 'replaced key staff members who left its fixed premium business to join the rival North P&I Club. North P&I, which is based in Newcastle, north-east England, has taken on three personnel who have played an important part in the growth of the American Club's successful fixed premium venture Eagle Ocean Marine (EOM). American Club reports growth as renewal season clos
  • Wisdom Marine cashes in on early kamsarmax redelivery
    Taiwan's largest owner intends to pick up the pace of ship disposals after a steady series of newbuilding orders
  • Golden Ocean kick-starts share buybacks
    Golden Ocean has repurchased its third tranche of shares this week and the company's chief commercial officer has also added to his shareholding. Golden Ocean buys back as DNB Asset Management trims stake in bulker owner Golden Ocean strikes refinancing deal as dividend stays in place in first quarter The Oslo-listed bulker owner today purchased 50,000 shares at an average price of NOK 39.95 p
  • Koncar in talks to revive Kuwaiti order at Uljanik
    Croatian yard tycoon Danko Koncar is in talks to resurrect a cancelled Kuwaiti newbuilding at troubled Uljanik Group. The businessman is discussing a plan with Livestock Transport & Trading to revive a deal for a 13,700-dwt livestock carrier at the yard. Uljanik down to one client but talks continue Koncar, who owns compatriot shipbuilder Brodotrogir, would commit to building the ship with Ulja
  • Sempra Energy's Cameron LNG ships first cargo
    A first cargo has left Sempra Energy's Cameron LNG plant as the new US producer starts export operations. Sempra Energy prepares to fire up Cameron LNG plant The Mitsui & Co-controlled, 177,000-cbm LNG carrier newbuilding Marvel Crane came alongside at the plant this week with officials posting online that operations to load the vessel had got underway. This first cargo from the Louisiana-based
  • Cyprus stepping up efforts to overturn Turkish ban
    Cyprus is to step up efforts to remove "illegal" restrictions on its ships calling at Turkish ports. That was the message of Cypriot president Nicos Anastasiades at the thirtieth annual general meeting of the Cyprus Shipping Chamber. He said: "Our efforts to remove these anachronistic and illegal restrictions will be further intensified as they are a clear violation of international law," he add
  • VLCCs to receive windfalls from Trump's tariff on Mexico
    The tariff war may also boost tonne-miles for product, LPG and LNG carriers if Mexico retaliates.
  • East Timor signs Damen newbuilding deal
    The government of East Timor has agreed a newbuilding contract with Dutch group Damen for a new passenger/cargo vessel. The ship will cost EUR 18.6m ($20.75m) and will be delivered in 19 months to operate on the country's north coast. East Timor is paying about EUR 12.6m, with the German state contributing the rest. Construction will be carried out in Yichang, China, the Noticias Financieras da
  • Boskalis bags $126m of North Sea OSV deals
    Dutch owner Boskalis Subsea Services has revealed new North Sea OSV contracts worth more than £100m ($126m). The company said the deals "cement" its position in the sector and affirm its commitment to Aberdeen with more people and bigger premises. Boskalis loses appeal in OSV charter time-limit battle Contracts awarded over the last six months include work on the Total Tyra redevelopment projec
  • EMGS makes interim chief executive a permanent fixture
    Bjorn Petter Lindhom has been named as the permanent chief executive of Electromagnetic Geoservices (EMGS). Electromagnetic Geoservices wins another Barents Sea survey contract Equinor and EMGS sign lucrative North Sea data deal Lindhom stepped in as the offshore survey company's interim head on 1 December, after former boss Christiaan Vermeijden resigned for personal reasons. "The board of di
  • Urals woes create aframax tanker floating storage
    Glencore, Total and Vitol are said to be forced into using at least five aframax tankers as floating storage for contaminated Russian crude.
  • Olympic Subsea narrows its loss in first quarter
    Olympic Subsea has halved its net loss for the first quarter, compared to the same period last year, according to its latest financial report. Olympic Subsea fixes six-month deal with Siemens Olympic Subsea wins more time before it has to list The offshore support vessel owner posted a loss of NOK 27.4m ($3.1m) for the first three months, compared to a loss of NOK 52.7m during the same quarter
  • Reederei Harmstorf adds second managing director
    German manager Reederei Harmstorf has appointed Alexander Riecke as its second managing director. The Hamburg company said he will run the firm and sister operation Thomas Meier-Hedde & Co KG together with Thomas Meier-Hedde. Riecke has been with Harmstorf since 2010. Harmstorf sells last ship to MPCC MPCC adds Harmstorf trio for $32m He was given power of attorney at the company in February
  • K Line exits midsize LPG segment with sale to Navitranso
    K Line is about to exit the midsize segment for LPG carriers. The Japanese shipping giant is has sold 38,000-cbm Nordic River (built 2007) for $20.5m, TradeWinds is told. The move comes after TradeWinds reported last week that the company had sold the DSME-built sistership Viking River (built 2007) to Nikolaos Vafias for the same price. The Nordic River has reportedly gone to Naviera Transocea
  • Long-term boxship rates jump 11%
    Oslo-based rate benchmarking company Xeneta's XSI index has shown its biggest ever monthly rise in May. The jump in long-term contracted rates shows the effect of 2018 deals expiring and new contracts lifting levels, it said. Boxship capacity cuts likely after Trump tweets Transpacific freight rates battered by US-China tussle According to the crowd-sourced index, which started in 2017, global
  • S&P shipbroking veteran Roy Rudd dies
    Roy Rudd, a familiar shipping industry face from the 1960s and 1970s, has died at 90. Shipbroker son Mike Rudd, who founded Vortex Shipbroking in 2018, said his father died on 25 May having had "a fantastic life". He spent over 50 years in the shipping industry. Former SSY chairman Peter Kitching dies aged 80 Roy Rudd joined what was then shipbroker Simpson Spence & Young, after cutting his te
  • Norled inks world's first hydrogen car ferry
    Norway's Norled has ordered two pioneering new ferries the week after its sale was agreed by owner DSD. Domestic shipbuilder Westcon said it had been commissioned to construct the world's first car ferry to run on hydrogen, plus another ship that will use batteries. The vessels will carry 299 passengers and 80 cars. DSD gets healthy price for sale of ferry subsidiary Norled They will sail betw
  • Livestock carrier hit by fire in Greece
    Firefighters in Greece have been tackling a fire on a livestock carrier. The blaze broke out on the 4,700-dwt Boi Branco (built 1976) in Piraeus in Thursday, the 902 website reported. Tugs and 25 firefighters from eight vehicles were in attendance. No animals were reported on board. The vessel is operated by Rami Shipping Management of Beirut.
  • Hunter Group bangs tanker drum as $196m double VLCC sale talks continue
    Arne Fredly's Hunter Group struck an upbeat note on both the tanker market and its financial progress as it closes in on the sale of two of its eight VLCC newbuildings. Arne Fredly's Hunter Group poised to pocket highest VLCC resale price in half a decade Hunter Group set to spear profit on double VLCC sale at eye-catching price Lemos company Enesel closing in on blockbuster VLCC time charter
  • Ince name survives Gordon Dadds takeover
    The Ince name is to continue in shipping legal circles following its £27m ($34m) takeover by Gordon Dadds last December. The merged company has been known as Ince Gordon Dadds, part of Gordon Dadds Group, but will now be just Ince after a strategic review of the legal businesses. Most of the affiliated entities, including the international offices, will also be known as Ince. Ince Gordon Dadds
  • Maersk Broker executive trio chart next moves after profitable and expansive 2018
    Maersk Broker is keeping an eye out for further growth opportunities after recording what its top executives called satisfactory results in 2018. A continuation of its developments in the dry cargo market and its greater involvement and prominence in finance and research remain on the agenda, its executive board of Anders Hald, Claes Devantier and Henrik Franck told TradeWinds. "Every baby
  • Shareholders okay Hyundai Heavy split despite protests
    Shareholders have approved a plan to split up Hyundai Heavy Industries (HHI) ahead of its merger with DSME despite big protests in Seoul on Friday. Hyundai Heavy to partially shut Ulsan yards due to strike The vote marks the first step of the process to combine the shipbuilders in the teeth of fierce opposition from HHI's union. The $1.6bn takeover of DSME was agreed in March. HHI will now be
  • EMAS Offshore to be booted off Oslo exchange
    The Oslo Bors is trying once more to kick restructuring Singapore OSV owner EMAS Offshore off its exchange. It said it considered the company unsuitable for listing and believes it is not in a position to comply with its obligations. "Failure to pay fees in accordance with the general business terms and conditions of Oslo Bors is a breach of the continuing obligations, and the company does no lo
  • John Fredriksen's Flex LNG to list in New York in June
    John Fredriksen's Flex LNG will list in New York in June after the US SEC declared its registration statement effective. No new securities will be issued in connection with the move, which will see the company quoted on both the New York Stock Exchange and in Oslo. John Fredriksen's Flex LNG set to sail onto New York Stock Exchange Spotify-style Fredriksen's Flex LNG inches towards US listing
  • Expedition cruise orders keep rolling in
    Three more polar-classed cruiseship have been ordered this week including a seventh vessel for SunStone in China
  • Aussie LNG FSRU facility signs up first customer
    AIE's backers says they are also in "deep negotiations" with other potential buyers.
  • Jinhui Shipping's profit down 20% on market weakness
    But the Oslo-listed shipowner said the bulker sector still offers "more encouraging signs".
  • OOIL set to continue to outperform its peers
    Hong Kong owner's industry-leading return ratios set to improve even with change of ownership, says analyst.

American Shipperweb site
MAY 31, 2019
  • Canadian port employers, ILWU reach tentative accord
    Dockworkers return to work Thursday afternoon after all-night negotiations.
  • Key USMCA step taken as Trump announces tariffs on Mexico
    The Trump administration on Thursday sent to Congress the draft statement of administrative action for approval of U.S.-Mexico-Canada Agreement implementing legislation, but the president tweeted on the same day that he plans to impose tariffs on Mexico starting this month, about two weeks after the U.S. removed metal tariffs on Canada and Mexico.
  • 'Too soon to tell' autonomous trucks' workforce impact
    Daimler Trucks announced it is establishing the Autonomous Technology Group as part of its effort to put highly automated trucks onto roadways within the next decade.
  • New Jersey exit from Waterfront Commission blocked
    Judge says New York must concur with New Jersey's desire to leave the bi-state law enforcement agency.
  • Commentary: Advice on unrestricted Huawei affiliates
    Consultant warns exporters still need to exercise common sense to ensure there's no suggestion that the integrity of an export transaction is suspect.
  • Concerns raised about NVOCC renewals in China
    Attorney reports difficulties for U.S. firms as China moves from national to provincial registration of non-vessel operating common carriers.
  • Trade remedy to Central American exodus sought
    COAC's Northern Triangle Working Group gains momentum with 50 members and involvement from nongovernmental organizations and the United Nations.
  • AMO president receives Golden Compass Award
  • Talks underway to link Savannah, St. Louis via rail
  • Universities offer logistics and supply chain masters
  • Executive Moves: Landstar and VARGO

The Bunker Bulletinweb site
MAY 31, 2019
  • FUTURES 5: Crude complex ends week lower as Mexican tariffs add to demand concerns
    Crude oil futures settled lower Friday on concerns that new US tariffs on imports of Mexican goods could slow demand growth.
  • MARINE FUEL 0.5%: Stockpiling for components, paper trading ramps up in May
    As testing and stockpiling demands increased throughout the year, liquidity in the derivatives markets, which S&P Global Platts began assessing May 2, increased.
  • Southernpec's exit to have muted impact on Singapore bunker market: sources
    "There is no significant impact on the market, [more recently] they were just leasing out their barges," a bunker supplier said.
  • Singapore Jun ex-wharf 380 CST term done at plus $3-$4/mt; higher from May
    "Delivered bunker demand is still poor ... though ex-wharf has seen some uptick compared with last month," a bunker trader said.
  • Middle distillate stocks at 11-week high as imports rebound: Enterprise Singapore
    Traders were in no rush to buy, however sources said there was emerging demand from Singapore for H2 June loading cargoes which may be used for blending into gasoil.
  • IMO 2020 may lift needle coke prices, hit steel: Wood Mac
    Prices for the low-sulfur crude oil types required to produce needle coke are expected to rise as more of these are diverted towards marine fuels, Wood Mac said.
  • East-West fuel oil spread at six-week low on closed arbitrage to Singapore
    One fuel oil trader said the East-West spread was falling on the back of the China-US trade war.

›››File
FROM THE HOME PAGE
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
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
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
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