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Independent journal on economy and transport policy
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BRIEFS
November 7, 2019
Sched Netweb site
  • Xi Jinping commits to global trading order as US trade accord nears
  • Danaos quarterly profit falls 73pc to US$33.9 million as sales slip 5pc
  • Westports Q3 profit up 11.9pc to US$38 million as revenues rise 10.3pc
  • Risk management factors make La Spezia the Med port to watch
  • Hong Kong holds Asian Logistics Maritime Conference on Nov 19-20
  • Uber Freight in Canada facilitates cross-border trade after EU growth
  • DHL launches fastest rail freight service between China and Germany
  • Macao's September land container cargo soars 36.7pc to 2,213 tonnes
  • UPS is ready for holiday volumes, already making deliveries by drone
  • NY-NJ port upgrades to surpass Long Beach in throughput rankings
  • North America's Q3 intermodal volumes fall 3.7pc, but upturn expected
  • Hong Kong air cargo slows, but e-commerce to come to rescue: DHL
  • India's IndiGo orders 300 planes, Airbus' biggest order from one airline
  • Airbus scoops orders as Boeing flounders after fatal 737 Max crashes

Exim Indiaweb site
NOVEMBER 6, 2019
  • Boxco Logistics handles heaviest single consignment at New Mangalore Port
  • CPO Tankers becomes ZEABORN Tankers
  • First BIMSTEC Ports' Conclave to focus on furthering coastal shipping & ex-im trade
  • India has gained in exports due to US-China trade war, says study
  • Steel consumption in India set for quantum jump: Dharmendra Pradhan
  • Trade agreements with US & European Union being explored

International Transport Journalweb site
  • Irma's first flight connected to Iran
  • Schweizerzug links Niederglatt with Antwerp
  • Wels to become a key hub for West-South traffic
  • Industrial zone in Port Trois-Rivieres takes off
  • Raben Group to take over Fenthol & Sandtmann
  • GAC becomes Aberdeen FC's official logistics partner
  • Transpacific connection - part I
  • Better rail transport interoperability in Dutch network
  • More electric cars in bremenports
  • Geis sells Central European parcel business to DPD Group
  • Dnata's DWC pharma ops now Iata CEIV certified
  • Collett wins FTA award
  • More capacity for Norwegian beverage supplier
  • Michelle Ho to head the China branch at UPS
  • Transpacific connection - part II
  • "Curiosity of the Day"
  • New tool improves risk assessment and cost analysis
  • Rotterdam tightens its international links

The Loadstarweb site
NOVEMBER 6, 2019
  • Decision not to install scrubbers could prove expensive for ONE
  • Its 'winning strategy' delivers as Expeditors weathers 'challenging' market
  • Australian box terminal operators offset falling volumes by hiking fees
  • 'Ship agents must reinvent themselves, or they won't survive'
  • Comment: The Brexit message to logistics providers is 'be prepared'
  • Sharon Page becomes director freight forwarding Europe for Tigers
  • Jury awards $93.6m to former terminal operator at Portland
  • Horrific ways people-smugglers traffic migrants
  • Beverage logistics veteran Chris Porter to develop business for Kukla
  • Globaltruck brings in logistics specialist Ilya Sattarov as new CEO
  • Supply chain radar: Keep the faith in 'best of breed' Expeditors at your own risk
  • M&A radar: Hapag-Lloyd - something's brewing in Hamburg's secret rooms...
  • Supply chain radar: From bad to worse at Atlas Air
  • On the wires: Gefco hunting for value-drivers...

Marine Logweb site
NOVEMBER 6, 2019
  • VIDEO: AI pilot project saves fuel on Stena Line ferry
    Leading European ferry operator Stena Lines says that a pilot project has shown that fuel consumption can be cut using artificial intelligence (AI) technology to predict the most fuel-efficient way to operate
  • Terntank orders hybrid tanker duo
    Swedish based Terntank, a pioneer of LNG as a marine fuel, is taking the next step towards carbon-neutral shipping. It has ordered two new 15,000 dwt chemical/product/biofuels tankers at China's AVIC Dingheng
  • Osage Marine Services takes delivery of first of two newbuild towboats
    Master Marine, Inc, Bayou La Batre, Ala., has delivered the M/V Charlie T, the first of two vessels ordered at the shipyard by Osage Marine Services, Inc., St. Louis, Mo. Both are

Lloyd's Listweb site
NOVEMBER 6, 2019
  • Greek shipping minister urges 'practical solutions' to 2020 implementation issues
    'We need to ensure global availability of compliant fuels and resolve all issues related to compliance, quality and safety requirements...
  • Shipping's future relies on industry chain unity, says Cosco Shipping chairman
    The Global Shipping Industry Chain Co-operation Initiative has been launched at the 2019 Word Shipping Summit, with the initial enrolment...
  • Karamanlis urges graduates to find new solutions
    Former Greek Prime Minister Kostas Karamanlis tells the next generation of shipping leaders that 'shipping, trade, and finance do not...
  • Owner of targeted vessel may quit Gulf of Guinea over crime risk
    Nine crew members from one of Norway-based JJ Ugland's bulkers were abducted off the coast of Benin in West Africa...
  • US says Cosco is not untouchable
    US Deputy Assistant Secretary of State warns the industry still has some way to go, despite progress in ensuring sanctions...
  • More carriers add transitional fuel charges
    Maersk, CMA CGM and Hamburg Süd introduce emergency bunker charges
  • Norden eyes 'positive' end to year after losses narrow
    The company expects to benefit from its scrubber programme, which is well under way. By the end of the year...
  • Zeaborn rebrands CPO Tankers after takeover
    'Zeaborn Tankers will operate as a legally independent company under the brand name Zeaborn Ship Management ... thus expanding the...
  • IMO to discuss new carbon-cutting regulations
    Pressure is on regulators to make progress on new decarbonisation measures during negotiations at IMO next week
  • Daily Briefing
    Free to read: 'Shipping cannot meet 2050 emissions goal' | Opec forecasts 'less severe' IMO 2020 implementation | Xi pledges...
  • Tanker owners delay scrubber retrofits to cash in on rate rises
    Tankers are being lured to the market by high spot rates not seen in more than a decade
  • Maersk to trial auxiliary battery power system
    Containerised battery system will help reduce generator loads and lower fuel consumption
  • Cargill, Maersk Tankers, and Mitsui & Co start work on fuel-saving technologies
    The three companies, which bring together ship types and expertise from two key shipping sectors, hope their Njord project will...
  • Hong Kong pushes forward with blockchain project for trade finance
    The network's member banks will be able to leverage trusted data to streamline their trade finance approval operations, improve risk...
  • Trafigura unveils blockchain trade platform in Singapore
    Trafigura has come together with DBS Bank, Infocomm Media Development Authority, the International Chamber of Commerce, Enterprise Singapore and tradetech...
  • Hafnia raises $230m in private placement
    The product tanker company's shares are expected to start trading on the Oslo Stock Exchange this week
  • Seafarers face risk of mental health issues
    The research, funded by the Institution of Occupational Safety and Health, urges shipping companies to provide greater support for workers...

The Journal of Commerceweb site
NOVEMBER 6, 2019
  • G2 Ocean banks on wind to double project cargo revenues
  • US truck drivers racking up speeding violations
  • Carriers unveil spot low-sulfur surcharges
  • India inks Bangladesh coastal pact to deepen inland waterway reach
  • Scrubber benefits emerge as bunker fuel spread widens
  • MPV/HL sector nearing a recovery?
  • CargoSmart links shipment data, trade finance blockchains

TradeWindsweb site
NOVEMBER 6, 2019
  • Analysts lower GasLog expectations despite positive outlook
    Two analysts have lowered expectations for GasLog after the company fell short of expectations on its third quarter earnings. The New York-listed gas carrier owner posted $25.5m in adjusted profit for the three months ending 30 September, good for $0.01 in adjusted earnings per share - much lower than the $0.07 consensus. GasLog profits fall as revenues rise in strengthening market GasLog also
  • Eagle Bulk misses Wall Street consensus amid 'volatile' quarter
    Eagle Bulk Shipping landed on the red side of the ledger amid an unpredictable market, falling short of analysts' estimates. The Gary Vogel-led owner of supramaxes and ultramaxes posted a $4.56m deficit for the third quarter versus a $2.58m profit for the same period in 2018. Loss per share came in at $0.06, missing analysts' expectations by $0.04. Revenue gained $5.1m to $74.1m, but that was of
  • Genco Shipping to issue its first dividend in several years
    Company institutes regular quarterly dividend policy
  • BC Ferries orders four more vessels from Damen Shipyard
    British Columbia Ferry Services has awarded a contract for four battery electric-hybrid ferries from Damen Shipyards after ordering two such vessels from the Dutch yard in 2017. The Quebec owner of 35 ferries announced the latest order Wednesday and expects the "island-class" ships to enter service in 2022. The company, also known as BC Ferries, in June 2017 awarded a contract to Damen to build
  • US says Cosco sanctions prove no one is "too big to fail"
    Washington hopes the sanctions on two offshoot of Chinese state conglomerate set an example to the shipping industry, according to the State Department
  • Shell forecasts LNG supply gap amid demand growth
    Producer Cheniere is optimistic new capacity will continue to be absorbed but others like BP see oversupply looming
  • MOL and Gazocean set for new Total LNGBV charter
    Duo that supplied original pioneering unit is expected to win second contract as energy major gears up for next CMA CGM ships
  • GasLog profits fall as revenues rise in strengthening market
    The Paul Wogan-led company predicts a "structurally tighter" market in 2020 and 2021
  • ExxonMobil charter shows willingness to pick up older tankers
    In spite of increased focus on new and modern tonnage, oil majors are still showing a willing to take on some older vessels on time charters, albeit at a somewhat lower rate. European brokers reported this week that ExxonMobil has fixed a 16-year-old aframax from Sea World Management & Trading of Greece for a year. The Texas energy major has reportedly taken the 106,000-dwt Sea Beech (built 20
  • Hermes Marine fights back against Phoenix VLCC deal cancellation
    Ghassan Ghandour's Hermes Marine Management said it will seek compensation from Phoenix Tankers for cancelling a planned VLCC transaction between the two companies last month. As TradeWinds reported at the time, Phoenix went back on a deal to sell the 302,000-dwt VLCC Phoenix Vanguard (built 2007). Phoenix Tankers renews effort to sell VLCC in buoyant market An executive of Singapore-based
  • Tax rolls reveal substantial bills for Norway's shipowners - except for the richest
    The official lists of how much individuals are paying in taxes in Norway was made publicly available this week. But attention has focused on the 2018 tax bills, or lack thereof, for the country's two richest shipping moguls. John Fredriksen and Torstein Hagen are not paying income tax in Norway. Fredriksen, with a calculated wealth of NOK 114bn ($13.3bn) is a Cypriot citizen. Hagen, a Switzerla
  • Does Diana Shipping's family plan work in public markets?
    Governance watchdog takes aim at daughter, in-law appointments for two companies led by Simeon Palios.
  • Hafnia takes $230m from scaled-back Oslo deal
    Original targets pulled back across the board, but Mikael Skov-led product giant puts positive face on its impending Axess listing.
  • Global Ship Lease beats estimates with stronger ledger
    GSL exits the third quarter with a stronger capital structure that is ripe for growth and includes two used vessel buys, according to its chief executive.
  • Norden aiming to return cash to shareholders
    Norden aims to return more cash to shareholders in the future and is tweaking its capital structure ahead of what it expects to be a strong fourth, according to its chief executive. Norden narrows its loss and plans share buyback This year to date has seen the Copenhagen-listed firm sell nine vessels, reduce its capital expenditure and announce a share buyback scheme, which commenced today. Ja
  • Niriis Shipping expands managed fleet amid Greek hunt for panamax bulkers
    Greek outfit renews and expands fleet amid rising number of deals for ageing panamaxes
  • Battery in a box to boost Maersk's emissions fight
    Containerised 600 kWh power system will be trialled next month
  • Greek start-up Eco Carriers Maritime snaps up Neda Maritime supramax
    Dry bulk outfit picks up one of several ships bigger Greek companies are looking to shed
  • Hanjin Heavy wins $60m oil spill ship order
    South Korean shipbuilder to build first large OSRV for country's government
  • Discount on high-sulphur fuel deepens as IMO 2020 approaches
    Despite a slower-than-expected switchover, the price spreads between high-sulphur fuel oil and IMO 2020-'compliant bunkers are gradually widening
  • Ammonia and hydrogen jockey to overtake LNG as future fuels
    Efforts are ramping up to move straight to greener alternatives for marine bunkers
  • Gas-busters: How Cargill, Mitsui & Co and Maersk Tankers aim to help you cut carbon
    Cargill, Mitsui & Co and Maersk Tankers to trial eco techniques and technologies and ultimately aim to share them for a cut of the fuel savings
  • FSL Trust eyes expansion as it turns around loss
    Chairman Stathis Topouzoglou says tanker and boxship owner will continue to explore strategic alternatives
  • CPO Tankers starts trading as Zeaborn Tankers
    Zeaborn's move into the tanker sector gets a new look
  • Hyundai Glovis car carrier hit by English Channel storm
    Another unwelcome cargo loss for the South Korean car carrier operator
  • Companies linked to Fincantieri raided in corruption probe
    Italian financial police investigating alleged fraud and worker exploitation at 19 companies working for yard giant
  • Race to cut carbon from shipping gathers leaders in Singapore
    Day-to-day challenges and rivalries were put aside for a couple of days last week when around 230 maritime industry leaders gathered in Singapore to help mould the future shape of shipping in a fast-changing world. The second annual Global Maritime Forum was dominated by the question of how to push ahead with the decarbonisation of an industry built on fossil fuels. Sohmen-Pao champions $70bn ca
  • Sinokor floats two ageing steam-turbine LNG carriers for sale
    South Korean owner to sell 1980s-built ships after recently reactivating them
  • Panamax rates slide as trade war bites into US soybean exports to China
    Chinese coal imports will be 'the swing factor' in helping lift rates for final months of the year
  • Captain among hostages as JJ Ugland considers route change
    Norwegian owner says "relentless" efforts continue to free nine Filipinos seized off Benin
  • Guangdong Dapeng charters LNG pair to cover for ships hit by US-Cosco sanctions
    Chinese importer Guangdong Dapeng LNG (GD LNG) has chartered in two LNG carriers to lift cargoes from Australia in place of six ships hit by US sanctions imposed on Cosco entities. Data intelligence analyst Kpler has identified a Sinokor Merchant Marine ship - the 140,708-cbm HongKong Energy (ex-Northwest Swan, built 2004) - and said GD LNG has also fixed NYK Line's 149,700-cbm Grace Barleria (bu
  • Oxygen tanker case heads to trial despite banks' bid for judgement
    UK court refuses bid for summary judgment despite lenders being prepared to temporarily accept their actions caused loan breach by Greek owner
  • Norden narrows its loss and plans share buyback
    Scrubber installations onboard Norden's tankers have impacted the Danish owner's third-quarter results, although it was a different story for its dry segments. Norden lowers full-year forecast on accounting error Meanwhile, Norden said its board has decided to initiate a share buy-back programme of up to $10m in total. Norden recorded an adjusted net loss of $4.0m for the three-month period, w
  • Stena AI trial cuts fuel use by 3%
    Ferry used artificial intelligence system to predict most efficient way to use bunkers
  • Lukoil adds to fleet with GEFO tanker buys
    Russian oil producer adds veteran vessels from German owner
  • EU to tackle ro-ro fires
    Brussels seeks technical solution to worrying safety problem
  • S'Hail Shipping buying more bulkers and eyeing OSVs
    Expanding Qatar owner targets more ships to meet demand
  • Odfjell adds world's biggest stainless steel chemical tanker
    Norwegian owner redelivers chartered vessel but gets hands on Hudong newbuilding
  • Seafarers' mental health at risk, says UK university
    Companies urged to offer more support to crew
  • K Line orders Newcastlemax at Japan Marine United
    Scrubber-fitted newbuilding to be employed by steel maker JFE on consecutive voyage charters
  • Trafigura and DBS start Singapore blockchain trade platform
    First trade will involve iron ore cargo worth $20m to be shipped from Africa to China
  • Thenamaris ups LPG bet with third order at HMD
    Greek owner Thenamaris has exercised an option for a further LPG carrier newbuilding at Hyundai Mipo Dockyard (HMD), market sources said. Managers at the Martinos family company did not immediately comment on the information. However, several online ship directories already list the shipowner with the newbuilding, which would be the third in a series of LPG vessels due for delivery in 2021. Th
  • Libya struggles to boost crude exports amid continued security concerns
    Libya's hopes of maintaining crude oil exports of 1 million barrels per day (bpd) look to have suffered a further setback, latest analysis shows. Libya said to be targeting return of VLCC loadings "Loadings of crude oil seem to have moved lower so far in October, with volumes not surpassing 900,000 bpd during the first three weeks of this month," said Fotios Katsoulas, liquid bulk analyst for ma

American Shipperweb site
NOVEMBER 6, 2019
  • NFI executive addresses change and challenges in the trucking industry
    With experience in both freight brokering and non-asset-based logistics, David Broering addresses the challenges facing the ever-changing trucking industry.
  • Snowstorm to slam northern New England
    First snowstorm of the season for interior Northeast is "right on schedule." Up to eight inches for some mountain spots.
  • FLEETCOR reports increases in fuel and toll revenue
    Fuel card and business payments provider, FLEETCOR, reports increases in fuel and toll revenue. Management said that they are seeing general softness across all trucking...
  • Amazon to build second robotics development facility in Massachusetts
  • Canadian National sees record western grain volumes in October
    Railway rebounds after slow start in August and September.
  • Lufthansa cabin crew strike forces flight cancellations
    Air cargo shipments may be delayed
  • US voters approve state, local transportation funding
    Ballot initiatives included a tax on ride-sharing companies in San Francisco.
  • For Global Ship Lease, small is beautiful - and so is IMO 2020
    Global Ship Lease says it focuses on trade lanes responsible for 70% of global container trade and not the big East-West trades.
  • Freight Futures daily curve: 11/6
    Trucking Freight Futures mostly unchanged on Tuesday in quiet trading session.
  • Railroad groups seek changes to hours of service mandate
    U.S. rail trade associations say changes will help employees responding to unplanned events.
  • CBP investigates $31 million cocaine seizure at Port of Savannah
    U.S. Customs and Border Protection officers found the drugs stuffed in duffel bags inside a container load of scrap aluminum and copper en route to...
  • GE aviation leasing arm changes CEO
    GE [NYSE: GE] on Wednesday promoted Greg Conlon to president and CEO of its aviation finance and leasing arm to replace Alec Burger, who will...
  • Today's Pickup: India gains $755 million in additional exports to the U.S. due to U.S.-China trade war
    India gains $755 million in U.S. exports in H1 2019; OPEC braces for drastic drop in oil demand; Tesla is charging ahead in the electric...
  • Efstathiou buys German freight-tech mainstay Burmester & Vogel
    Evan Efstathiou has just bought his way into the maritime tech landscape.
  • Snow, severe storms to give truckers trouble
    Severe storms, flash flooding, several inches of snow in store across the lower 48 states through rest of the week.
  • Jury delivers victory to LTL carrier in pricing dispute with Amazon
    One of the biggest U.S. shippers put increasingly tough terms on carrier, leading to lawsuit.
  • Customs broker exam takers give testing conditions poor grade
    The NCBFAA, which represents the customs brokerage industry, has become increasingly upset with the management at the Customs and Border Protection-contracted test sites and the...
  • Roadrunner incurs heavy losses amid restructuring
    Roadrunner's third quarter earnings report resembled a triage list indicating that the company's restructuring path will be a bumpy one.
  • Convoy employee earned his chops managing real convoys - in Iraq
    Lorin Seeks, Convoy's director of quality and compliance, spent nine years leading logistics as a captain in the U.S. Army Transportation Corps.
  • Platform facilitates reverse bidding to streamline shipper-carrier spot market collaboration
    Rates can quickly become dated and the lack of real-time transparency in these movements can result in lost opportunities for both shippers and carriers.
  • Mother Nature turns Midwestern spuds to duds
    "We've only harvested 40% of our acres and still have about 60% in the ground." Tens of millions of dollars of potato crops damaged.

The Bunker Bulletinweb site
NOVEMBER 6, 2019
  • Sinopec's Shanghai Petrochemical starts commercial LSFO production
    "The first commercial cargo of LSFO has been shipped to Gaoqiao port in Shanghai for bonded bunkering ... "
  • Tankers may begin switch to VLSFO bunkers in November: Ardmore Shipping
    During the call Tuesday, the company included an outlook on the switch from high sulfur bunker fuel.
  • GCC Bunkers ceases offering IMO 380 in USGC ports ahead of IMO 2020: source
    GCC Bunkers is no longer offering IFO 380 in its US Gulf Coast markets as it switches exclusively to 0.5%S bunkers.
  • Crude rebound stalls as US stocks build, China doubts
    Crude futures followed equities lower Wednesday on news that a meeting between the US and China on trade may be delayed.

›››File
FROM THE HOME PAGE
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
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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