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Independent journal on economy and transport policy
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BRIEFS
October 4, 2019
Sched Netweb site
  • Ex-Maersk chief appointed chairman of Worldwide Flight Services
  • CMA CGM posts north Europe-Asia rates of US$750/TEU November 1
  • Qatar's Hamad port crosses 3 million TEU threshold ahead of schedule
  • TRAC Intermodal ups chassis rentals US$27 a day in southeast US
  • European Shippers Council see no-deal Brexit chaos at Channel ports
  • US sanctions on COSCO tar NY-listed Teekay LNG for China link
  • Ships' scrubbers called 'cheat devices' to evade UN sulphur ban
  • Abu Dhabi Ports H1 volume increases 82pc to 1.14 million TEU
  • Performance Shipping sells 6,541-TEU box ship for US$20 million
  • DHL's global trade barometer drops down to 47 into negative zone
  • Global Shippers Forum calls for all-in rates, ending surcharges
  • Air France-KLM flower flow ruled by new quality assurance scheme
  • IATA to promote discrimination against men in hiring to get diversity
  • India's cargo carrier SpiceXpress plans IPO, hopes to list within year
  • FAA misled Congress on 737 Max inspectors, federal probe determines
  • Philippines?AP Cargo uses Ramco IT to manage freight operations

Exim Indiaweb site
OCTOBER 3, 2019
  • A. V. Vijaykumar takes charge as Chairman of FFFAI
  • Leadtech provides a full suite of ERP tools for SCM
  • New rule for manifest submission in Oman
  • NYK conducts world's first maritime autonomous surface ships trial
  • Port of Rotterdam Authority organising international climate congress for ports
  • DB Schenker India helping truck drivers fight tuberculosis
  • Pepperfry launches built-to-suit home & furniture warehouse
  • CBDT launches Documentation Identification Number system
  • India & US will "find a fix" to their trade disputes with intense engagement going on, says Foreign Minister
  • India shows remarkable strength & resilience amid global slowdown, says World Economic Forum President
  • Global trade forecast lowered as tensions unsettle world economy
  • Gujarat Maritime Horizon 2019 to see wide-ranging stakeholder participation from the state & beyond

International Transport Journalweb site
  • Working together to alleviate damage
  • US short line railroad can now handle heavier freight cars
  • Worldwide Flight Services names Nils Andersen as chairman
  • More connections to Romania
  • Provia installs its one millionth spare part
  • Cargo partners continue cooperation in Zurich
  • Deep-water terminal at Liverpool takes next hurdle
  • T-Link puts facility in Thun into operation
  • Bright future forecast for road haulage
  • New real estate specialist for Germany
  • Coalition to ferry LNG from Kamtchatka and Murmansk
  • Small passenger aircraft still deliver relief to the Bahamas
  • DP World Inland strengthens its management
  • "Curiosity of the Day"
  • New dump cars to operate in gold and copper mine
  • Chapman Freeborn takes Los Angeles on board
  • Double decker logistics hub in Hamburg
  • An "A-mark" for the Swedish Club

The Loadstarweb site
OCTOBER 3, 2019
  • Shippers nervous as new Europe-Asia container capacity crunch looms
  • Ethiopian Airlines flies into controversy over 'disgusting' shark fin deliveries
  • Container booking platforms could ease 'pain points' for shipping lines
  • Post compromise will unleash rate hikes, but China e-commerce snags remain
  • Comment: another lacklustre month in container shipping
  • The perils of being on trend, but not on time
  • Shippers hit railroads with lawsuits over fuel surcharge 'co-ordination'
  • US tariffs hit $7.5bn of EU goods: a 'lose-lose' situation
  • M&A radar: A buyback lesson from Warren Buffett to DSV Panalpina
  • On the wires: AP Møller-Mærsk - the message didn't get through

Marine Logweb site
OCTOBER 3, 2019
  • TOTE awards Philly Shipyard a second RRF vessel drydocking
    Philly Shipyard, Inc. has been awarded a drydocking contract for the Ready Reserve Force (RRF) vessel, FSS Pollux. The vessel is owned by the U.S. Department of Transportation's Maritime Administration (MARAD) and
  • Foss inks U.S. offshore wind MOU with Østensjø Rederi
    Foss Maritime LLC, Seattle, has signed a Memorandum of Understanding with Haugesund, Norway, headquartered Østensjø Rederi AS to establish a partnership to provide domestic Service Operation Vessels (SOVs) for offshore wind projects
  • Navy starts second phase of "Ghost Fleet" unmanned vessel program
    The Navy's Program Executive Office Unmanned and Small Combatants (PEO USC) has started the second phase of an unmanned vessel program that it calls "Ghost Fleet Overlord." The program, developed by the

Lloyd's Listweb site
OCTOBER 3, 2019
  • Stolt-Nielsen can meet contractual commitments after tanker fire
    The damage to Stolt Groenland is still being assessed, with no clear idea of how long repairs may take
  • Stena Bulk and Proman Shipping form methanol-fuelled tanker partnership
    The joint venture will begin with two medium-range tankers that have not been ordered yet, but are expected to be...
  • Singapore stockpiles IMO-compliant fuel in floating storage
    An estimated 4m tonnes of low-sulphur fuel oil is being stored on board 18 very large crude carriers around Singapore
  • India plans to divest stake in state-owned shipowner
    The administration of India's prime minister Narendra Modi is hoping to use proceeds from the sale to plug budget gaps...
  • Independent fleet that 'follows the cargo'
    Greek-owned fleet's global reach and trading patterns have always impressed - but, if anything, its footprint is becoming even more...
  • Minoan Lines aims for 'green ships, no debt'
    Minoan Lines has positioned itself to thrive in 2020, but fuel costs remain a volatile factor for any ferry operator
  • Greek tankers owners moving to LNG
    Years of experience in tanker ownership and operation are common credentials of today's liquefied natural gas carrier owners, and this...
  • Viewpoint: Credit where it's due
    Clever design went into making the vessel Aries Leader, a trailblazing pioneer in sustainable shipping, and we ought to think...
  • Daily Briefing
    Free to read: Brexit plan calls for customs clearance on intra-UK trade | Novatek ramping up LNG shipments via NSR...
  • BHP forms partnership with Klaveness on logistics platform
    The platform will improve the way the industry collaborates and shares scheduling and vessel information
  • Shrinking fleet may aid smaller dry bulk segment
    The dry bulk sector should end the year at least 10% higher on the Baltic index compared with 2018, said...
  • Oil spill from capsized car carrier at US port of Brunswick secured
    Capt Jonathan Tennant was praised for his action to put the car carrier in a location that allowed the port...

The Journal of Commerceweb site
OCTOBER 3, 2019
  • Retailers predict November import surge to beat new tariffs
  • Q3 intermodal volumes disappoint again
  • Traxens develops smart container data standard
  • Excess empties hurting drayage efficiency: NY-NJ truckers
  • Top NVOs losing Asia-US market share

TradeWindsweb site
OCTOBER 3, 2019
  • Lawsuit: Ship too slow to carry bananas leads to six-figure losses
    This case is bananas. Florida-based Great White Fleet filed suit against the 18,318-dwt boxship Warnow Whale (built 2007) and its registration company Princesia Shipping Wednesday for allegedly going too slow while moving cargoes of Chiquita bananas around Central America ahead of shipment to the US. Tug operators pulling for owed towing fees Interunity-linked shipowner fires back at Chembulk T
  • Bugbee buys Hermitage shares
    Hermitage Offshore president Robert Bugbee has upped his stake in the company. The New York-traded PVS owner announced after the close Wednesday that on 1 October the shipping veteran bought 70,000 shares at $1.03. Bugbee strikes for more Scorpio Tankers stock options Hermitage shares closed at $1.05 Tuesday and opened at $1.10 Thursday. Bugbee took a leadership role in Hermitage after the Sco
  • ClipperData expects LSFO to be 2020 fuel of choice
    Energy intelligence provider says industry fears that availability of new 0.5%-sulphur fuel products is receding
  • Sommer to succeed Stuart in Norwegian Cruise Line reshuffle
    Stuart to leave top job after three decades with the cruise group
  • Stena and Proman team up on new methanol tankers
    New joint venture will focus on newbuildings to boost use of sustainable fuel
  • Ship fuel 'DNA tracing' pilot scheme a success
    New venture deploys synthetic tagging in dredger's bunkers to reduce contamination ahead of IMO 2020
  • Ostensjo's Walland: new orders may be needed for US venture
    OSV owner says it will build new ships if it wins wind farm business
  • US sanctions turn up pressure on Cosco's international insurers
    Reinsurance market will likely rethink how it provides marine cover for giant Chinese shipping group
  • Russia's Novatek relaxed about Cosco joint venture
    Energy company says Yamal LNG project has all the necessary capacities to meet its contractual obligations
  • 'Iranian tanker' moors alongside Adrian Darya 1 in Syria
    Image appears to show controversial VLCC preparing to offload crude cargo
  • Ian Webber says expensive $340m bond is now in GSL crosshairs
    Anyone looking for a likely use of Global Ship Lease's $51.7m in net proceeds from a follow-on equity sale may want to pay attention to a pricey $340m high-yield bond. The instrument, which predates GSL's merger last year with Poseidon Containerships, carries interest at 9.75%, making it the costliest debt on the owner's balance sheet. GSL's deal windfall grows as underwriters buy more GSL chie
  • No damage to boxship cargo after tanker clash
    ONE says chartered ship back in service after Greek collision
  • Gard seeks solution to boxship fires
    Norwegian insurer to host seminar on how to end shipping's biggest safety concern
  • Officer watching music videos before Priscilla grounded
    Distraction contributed to significant hull damage to Wagenborg vessel
  • Capital Maritime set to firm up world's first LNG-fuelled VLCC
    Greek owner on the cusp of taking a pioneering, apparently speculative move on large tanker newbuildings
  • SM Line hives off former Hanjin Shipping trio in $100m deal
    Owner sells its three biggest ships as interest in large tonnage picks up
  • Siem's Subsea 7 agrees 4Subsea takeover deal
    Norwegian oil and gas contractor to boost artificial intelligence operations
  • Container freight rates drop as slack season kicks in
    Container freight rates have fallen to their lowest level in several months as the traditional slack season kicks in. A composite of freight rates on eight east-west shipping lanes dropped to $1,262 per 40-foot container (feu) for the week to 26 September, according to the World Container Index (WCI). That is the lowest level since May 2018. The heaviest drops have been on the westbound Shangha
  • Pavimar to sell oldest bulker in renewal move
    Greek owner Pavimar is in the process of selling a 14-year-old supramax bulker in a move that will help to lower the age profile of its fleet. Sluggish handysize S&P market perks up as buyers break cover Medmar shutters, leaving chartered fleet in the lurch Brokers in the US and Greece said that the Ismini Panayiotidies-led company had sold the 53,000-dwt Ribbon (built 2005) to an undisclosed b
  • Government plots $184m sale of Shipping Corp of India
    Cabinet to consider proposal to offload entire stake in tanker, boxship and bulker owner
  • Greeks take a shine to ageing bulker tonnage
    SwissMarine Inc, Monte Nero and Valerie said to have pounced on panamax and kamsarmax vessels
  • SD supply ship tipped for conversion project
    High price explained by sale of PSV out of offshore market
  • Bijan Foroohari buys largest boxship amid fleet expansion
    German owner will be targeting vessels in the 2,000 to 3,500-teu segment, following the BH Mahia purchase
  • Stolt-Nielsen clears bond debt ahead of market upturn
    Norwegian chemical tanker owner redeems $148m issue, with another $212m in payments lined up
  • Singapore ship manager charged with serial corruption
    Individual could face up to 15 years in Changi Prison if found guilty of breach of trust charge
  • Asian yards pushing hard to meet 2019 sales targets
    Shipbuilders trying to catch up from slow start amid low newbuilding enquiry as owners hold back from ordering over concerns about market and fuel choices
  • US sanctions lead to big bulker queue in Iran
    Payment delays leave more than 20 ships stuck for over a month
  • Sinokor grows trading LNG fleet in hot market
    South Korea's Sinokor Merchant Marine is reactivating some of its LNG carrier tonnage from lay-up as the market begins to rise for winter. LNG carriers snapped up for multi-month business Sources revealed the company is in the process of returning four of its steam turbine vessels to the market after putting them into a yard for upgrades and refurbishment. They named the ships as the 125,568-cb
  • Sentiment soars for LNG ships as rates clip the six-figure mark
    Flex LNG ties up two ships on spot deals at high numbers but market players ask if this will be sustained
  • Wison Offshore & Marine pushes SPB for LNG bunker tanks
    Wison Offshore & Marine is building a new production line at its site in China to construct SPB-type LNG tanks. The Chinese shipyard has received some initial interest as it targets the rapidly emerging LNG bunker market. Senior vice president Maarten Spilker said Wison is seeing enquiries for of about 10,000 cbm and is planning to build a new structural workshop at its Nantong yard with phase o
  • Corruption probe rattles Greek ports
    A wide-ranging cartel investigation is rocking Greece's two major ports, with authorities suspending six pilots and the harbor master of Thessaloniki as well as the chief pilot in Piraeus. Their suspension, announced by Greece's shipping ministry late on Wednesday, comes after media reports that 18 individuals were facing charges for allegedly forming a ring to extort money from shipping companie
  • Samsung only Korean yard expected to meet 2019 order target
    But pace of newbuildings expected to pick up on back of IMO 2020 and strong LNG order pipepline
  • Hapag engineer proves engines aren't just toys for the boys
    On the advice of her ship's engineer godfather Svetlana Timm-Vengerov went to see - nearly 10 years on she doesn't regret it one bit
  • Tanker stocks keep pace with rising rates amid China sanctions
    With tanker rates surging, tanker stocks are following. Since the US slapped six Chinese companies with sanctions 25 September, several crude tanker owners have seen their share prices shoot up. Euronav, the New York traded owner with the biggest VLCC fleet, has seen its shares jump 9.26%, from $8.53 the day the sanctions were levied to $9.32 in late trading Wednesday. Frontline saw its shares
  • Capesize bulkers set for volatile market until year end
    Rates forecast to fluctuate between $22,000 to $45,000 per day over the next several months

American Shipperweb site
OCTOBER 3, 2019
  • UPS to invest $220 million in Louisville maintenance hangar
    UPS is adding infrastructure capacity for its airline to keep up with demand for Next-Day air volume.
  • Amazon scolded for being "evasive" on contract drivers
    Company insists contractors are held to "high standards."
  • 6,000 Mexican auto workers laid off by the ongoing UAW strike against General Motors
    The United Auto Workers union strike against General Motors (GM) has forced GM to stop production at more factories across Mexico. General Motors announced it...
  • Metro Supply Chain acquires last-mile provider Custom Delivery Solutions
    Canadian third-party logistics provider purchases asset-based firms in Calgary specializing in large-format deliveries of consumer goods.
  • Expectations for peak trucking spot rates continue to moderate
    The forward curve inches lower.
  • Amazon Prime Air VP touts environmental, safety benefits of drone delivery (with video)
    Gur Kimchi talks about Amazon's approach to delivering packages to your doorstep via drone.
  • Trade uncertainty stunts Class 8 truck orders
    Preliminary September orders for Class 8 trucks improved over August but remained stagnant as fleets delayed booking new equipment in the face of ongoing trade...
  • Autonomous trucks reach a new milestone (with video)
    FreightWaves' Chief Analytics Officer Dean Croke (who also has been a professional truck driver), reviews the newest Freightliner Cascadia.
  • Linamar says GM strike costing up to C$1 million per day
    Canadian auto parts firm's shares plunge by more than 10% after it warns of earnings hit from a slowdown in General Motors orders.
  • Using technology to tame Fluctuating container rates
    The consultants Drewry and supply chain software company CyberLogitec say technology could help small and medium shippers by reducing volatile spot rates.
  • Carrier agrees to pay $22,500 to settle truck driver's EEOC lawsuit over service dog
    A Minnesota-based trucking company has agreed to pay $22,500 to settle a federal lawsuit stemming from allegations it required a truck driver to pay fees...
  • Tesla acquires Deepscale, accelerates towards road-ready robotaxis
    Deepscale's focus on computer vision to give cars "sight" is different from light detection and ranging (LIDAR).
  • Freight Futures daily curve: 10/3
    Freight Futures mostly unchanged in quiet trading session on Wednesday.
  • Norfolk Southern rail bridge collapses in Missouri flooding
    "We don't know where the bridge went. We do know it went down, most of the middle sections did go down to the south."
  • TriumphPay announces partnership with U.S. Xpress
    TriumphPay announced that it has entered into a new partnership with U.S. Xpress to provide the company with real-time visibility into its brokerage payment services.
  • WIT salutes female-owned businesses, top companies for women in transportation
    The 2019 Top Women to Watch in Transportation also were recognized at the Women In Trucking conference.
  • Flash flood risk shifts to Southwest U.S. today
    More downpours add to flood threat in parts of Desert Southwest hit hard yesterday. New spots of flooding also likely.
  • Ryder transportation management director named Influential Woman in Trucking
    Ruth Lopez receives award at the Women In Trucking Association's annual conference this week.
  • Penske Truck Leasing adds electric yard tractor to its demonstration fleet
    The urgency to get zero-emissions trucks into testing in climate-conscious California continues with Penske Truck Leasing's purchase of a Kalmar Ottawa battery-electric model.
  • Today's Pickup: The Netherlands is shutting Europe's largest gas field in a push for renewables
    The Netherlands is closing down its Groningen gas field by 2022; the U.S. economy might be inching towards recession; electric vehicles will be the future...
  • Refineries push back against Washington crude-by-rail law; IMO 2020 cited
    File this one under the category of "be careful what you wish for." In a letter to the federal Pipeline and Hazardous Materials Administration (PHMSA)...
  • Positive conversations between fleets and drivers a basic necessity that's often ignored
    High driver turnover rates have been common in the trucking industry for several decades. Improving the quality of discussions between fleet management and drivers might...
  • CSX installs new leadership
    The new executives contributed greatly to CSX as the railroad made operational changes, the company said.
  • IMO 2020 and blank sailings to define Q4 container markets
    The introduction of new low-sulfur fuels, bearish demand and increased blanked sailings will bring more volatility to box markets in the coming months, says MSI.
  • Rocky economic data leads to uncertainty for pricing power
    Last Week's Pricing Power Index: 35 (Shippers) The trucking industry operates in a market based on real-time demand and supply. When demand is higher than...
  • Newly rebranded PowerFleet finalizes Pointer Telocation acquisition
    New Jersey-based telematics provider PowerFleet, Inc., formerly I.D. Systems, announced on October 3 that it has completed its acquisition of Pointer Telocation.
  • CBP ships apparel, generators to Bahamas for storm recovery (with video)
    "Items that likely would have been forfeited, slated for auction or destroyed as part of a final disposition are now going to help those in...
  • Commentary: A Green New Deal for freight transport?
    This Green New Deal for Freight Transport is a series of cost-effective practical steps, using existing technologies to achieve zero emission freight transport by 2050.
  • Trucking capacity in Mexico faces uncertainty with carriers ending, downsizing services (with video)
    As two large companies in the freight industry announced they were eliminating or scaling back trucking services in Mexico last week, industry insiders say cross-border...
  • Shippers hammer railroads with lawsuits over fuel surcharges
    Companies file a flurry of lawsuits against the big four U.S. Class I railroads, alleging their fuel surcharge programs violated antitrust laws.
  • Port Report: Mobile readying for big ships with dredging project
    Dredging could begin in late 2020 after port finishes shoreside upgrades.

The Bunker Bulletinweb site
OCTOBER 3, 2019
  • Weakened oil complex settles near flat as macro concerns pile up
    The oil complex appeared to have halted its recent slide Thursday, helped in part by a rebound in equities.
  • SHIPPING QUARTERLY: Mixed signals for dry bulk shipping
    The dry bulk shipping sector will face competing pressures in the fourth quarter as the 0.5% sulfur cap rule pushes up premium fuel prices and affects supply.
  • Trial of bunker fuel tracking tool successful ahead of IMO 2020: BunkerTrace
    A pilot trial of BunkerTrace, a tracking tool for marine fuels created to enable transparency in the supply chain, was successfully completed this week.
  • Japan's Fuji Oil starts 0.5% sulfur bunker fuel oil supply at Sodegaura
    Japanese refiner Fuji Oil has started supplying 0.5% sulfur bunker fuel oil this month.
  • Japan delivered high sulfur bunker premium hits 8-year high amid tight supply
    "We have no offers for spot [HSFO bunkers] due to tight availability," a Japanese bunker trader said this week.
  • FEATURE: Clean tanker owners chase dirty product opportunities for higher margins
    One broker suggested a lump sum of up to $4.5 million could be made for an LR2 loading in US Gulf to ship to China, compared with $2.5 million carrying clean products.

›››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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