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BRIEFS
November 8, 2019
Sched Netweb site
  • CMA CGM levies US$200/ton low sulphur surcharge from December
  • Shippers, carriers dispute demurrage at Federal Maritime Commission
  • NYK back in black after posting first half profit of US$146.7 million
  • 'K' Line back in black with a US$101 million profit, but sales fall 11pc
  • Freeing goods from tariffs would revitalise transpacific box trade
  • India Register of Shipping opens new office in the Netherlands
  • Concor plans to lease less land from Indian Railways' cargo terminals
  • Debate over scrubber usage to clean marine fuel emissions continues
  • Two people arrested in Vietnam over deaths of 39 people in lorry in UK
  • Hong Kong unrest continues to hurt demand, says Singapore Airlines
  • SF Express and Flexport team up to offer one-stop-shop for air freight
  • Reputational risk drives cargo firms into export compliance with rules
  • CAAS to implement registration of drones in Singapore from January

Exim Indiaweb site
NOVEMBER 7, 2019
  • Antwerp & Zeebrugge ports considering phased merger
  • Indian ports offer discounts for handling of cargo pertaining to Shahid Beheshti Port, Chabahar
  • Ports in Odisha lower warning signal as Cyclone Bulbul likely to skip state
  • Umm Qasr port remains closed
  • Vigilance Awareness Week 2019 observed at Mumbai Port Trust
  • Agriculture Ministry relaxes fumigation condition for imported onion
  • DIN system of CBIC to come into force today
  • India may rejoin RCEP if demands met, says Minister
  • Khadi export seen getting a boost post unique HS code
  • Trade war leaves both US & China worse off, finds study

International Transport Journalweb site
  • More power on the Pacific
  • New intermodal terminal opened in Canada
  • Tanger Med II welcomes new investor
  • Unipart wins Kimberly-Clark extension
  • Estonian carrier starts single-person operations
  • Rail Forum Europe picks new president and vice-president
  • Airbus to build freight-friendly aircraft in China
  • Fedex launches new services in Oman
  • All-electric truck goes into serial production in 2021
  • Zeaborn tankers are born
  • Private airport operator calls it a day
  • Switzerland promotes cross-border rail traffic
  • Flexport expands to Vietnam
  • Lufthansa Cargo: more B777F and back to Miami
  • Stephan Opel joins Cargonetwork's advisory board
  • New CEO for Globaltruck
  • LNG shore-to-ship available on the Rhine
  • "Curiosity of the Day"

The Loadstarweb site
NOVEMBER 7, 2019
  • Unifeeder vessel to trial synthetic natural gas as a 'climate-neutral' fuel for box ships
  • Lufthansa Cargo to upgrade freighter fleet with 777s and lose its MD11s
  • Cargo screening forwarders will need to sniff out more dogs by 2021
  • Visibility and agility will become more important to supply chains than speed
  • Bullish Seaspan reports highest vessel utilisation rate for eight years
  • Amazon's rising air shipments fly in the face of its climate commitment
  • Jon Bunting appointed interim CEO as Connect Group conducts strategic review of haulier
  • Supply chain radar: ATSG up, Atlas down - love is in the air & I am loving it

Marine Logweb site
NOVEMBER 7, 2019
  • Singapore smart tug project takes a big step forward
    Wärtsilä and Singapore harbor and terminal towage operator PSA Marine (Pte) Ltd. report a breakthrough in the IntelliTug project. The project is the first launched by the W'rtsil' Acceleration Center in Singapore
  • Inland port managers gain IAMPE certification
    The International Association of Maritime and Port Professionals (IAMPE) reports that 14 inland port managers have received their professional industry certifications at a management seminar hosted by America's Central Port in Granite
  • Maersk to pilot containerized onboard battery system
    A containerized 600 kWh marine battery system will be installed in a trial on the containership Maersk Cape Town in December 2019 to improve vessel performance and reliability while reducing CO2 emissions.
  • First box ship converted to burn LNG will now trial SNG
    The first containership to be converted to operate on LNG is to notch up another green first, operating on liquefied SNG (Synthetic Natural Gas) produced from renewable electrical energy as drop-in fuel.
  • Canaveral Fire Rescue orders advanced Metal Shark fireboat
    Jeanerette, La., headquartered shipbuilder Metal Shark has been significantly expanding its presence in the fireboat market with a wide range of fireboats currently in production for multiple customers. A notable recent order

Lloyd's Listweb site
NOVEMBER 7, 2019
  • SPONSORED Leave for FRW +++ Innovation is key to delivering superior customer service
    Introducing live chat technology has paid off for ONE, whose customers readily embraced the platform. A year into the implementation...
  • MR tankers expect a winter transatlantic boost
    Renewed focus on transatlantic trading follows the June closure of the Philadelphia Energy Solutions refinery, the region's largest, while strike...
  • IMO faces push to consider life cycle emissions of zero-carbon fuels
    Norway, South Korea and the UK are urging the International Maritime Organization to assess life cycle emissions but recognise the...
  • Shipping's low-emission drive should follow the auto lead
    Although there is no silver bullet to target a greener future, greater input from all stakeholders is a must, says...
  • 2020 Bulkers expects acceleration in earnings after first profit
    The company says it will be disciplined in its investment strategy and currently has no plans to add further newbuildings
  • Singapore launches upgraded MFM bunker standard
    SS 648 also includes new requirements for multi-meter installations, which will cater for the delivery of different grades of bunker...
  • From the News Desk: The view from Shanghai
    Our regular round-up of the stories behind the headlines this week comes to you from Shanghai, where President Xi Jinping...
  • UK Club announces 7.5% premium increase
    'Since premium rates declined further at the last renewal, the combined ratio reported this year may be higher than the...
  • Eagle Bulk aims to benefit from scrubbers as it sinks into loss
    The company, which should have 35 operational scrubbers by the end of the year, said it has hedged 10% of...
  • Finnlines focuses on green growth as profits rise
    Grimaldi Group company reports increased profits on the back of small rise in revenues
  • PSA Marine tests autonomous tug
    The IntelliTug project is a collaboration between the Maritime and Port Authority of Singapore, PSA Marine and Wärtsilä to develop...
  • Lack of finance demand leads to more leasing orders
    Bill Guo tells Lloyd's List that operating leases, which gives lessors more of shipowning role, will not become the mainstream
  • Freight forwarding faces worst year in a decade
    After a 'torrid start' to 2019, freight forwarding is set for its worst year in a decade as the global...
  • The Lloyd's List Podcast: Trade, Trump bashing and the unstoppable rise of Chinese leasing
    The Lloyd's List Podcast is in Shanghai this week where President Xi Jinping has been leading the discussions around trade...
  • Viewpoint: Learning from the past
    What shines out of this account of the last chapter of deepwater sailing ships is the fortitude of that generation...
  • Daily Briefing
    Free to read: Tanker owners delay scrubber retrofits to cash in on rate rises | Shipping's future relies on industry...
  • Cleaves takes gloomy outlook on dry bulk
    The analyst has reduced the general rating for dry bulk to 'hold' from 'buy'
  • Terntank orders first liquefied biogas-fuelled product tankers
    Terntank, which is one of the first owners to have LNG-fuelled product tankers built, seeks to solidify its green shipping...
  • Genco sees a strengthening dry bulk market
    The dry bulk carrier owner has installed scrubbers on 12 of its 17 capesize vessels, representing a 71% completion rate
  • Environmental campaigners block Canada's Trans Mountain Pipeline delivery
    In September, activists in kayaks on the Columbia River harassed a barge carrying pipes for the project. Protest leaders say...
  • Greek focus of oil spill investigation widens
    Some of the biggest Greek owners in the business say they are co-operating with the probe in Brazil in order...

The Journal of Commerceweb site
NOVEMBER 7, 2019
  • IMO 2020 to disrupt ocean freight invoicing
  • JAXPORT expansion gets federal funding boost
  • Blockchain paying off for DHL Forwarding-HP invoice processing
  • Australian shippers in port fees fight after levies surge
  • Cargo shift threatens Alameda Corridor with financial crisis: report

TradeWindsweb site
NOVEMBER 7, 2019
  • Pangaea Logistics Solutions to offload two ships for $11m
    Pangaea Logistics Solutions plans to sell two older vessels for $11m in two separate transactions to undisclosed buyers. The Ed Coll-led bulker owner announced Thursday that it will sell 52,500-dwt supramax Bulk Juliana (built 2001) for $6.5m and 70,200-dwt panamax Bulk Patriot (built 1996) for $4.5m. Their sales will result in about $11m in cash flow yet lower the company's book value by $8.6m
  • Matson maintains forecast, meets expectations
    Matson's third quarter came in as expected and sees no need to cut its forecast further. The Hawaiian boxship owner reported a $36.2m profit for the three months ended 30 September, a drop from the $41.6m in the same period in 2018, but good for $0.84 on a per share basis, a penny better than the Wall Street predictions. Matson 'thrives in chaos' of US-China trade uncertainty Matson cuts second
  • Bulker chase lands Chinese company, Greek owner in US court
    Jiusan Group first arrested a bulker in South Africa over the dispute
  • Norwegian Cruise Line beats estimates despite Dorian disruption
    Norwegian Cruise Line Holdings trumped analyst consensus figures, while absorbing the financial impact from Hurricane Dorian that wrecked the Bahamas two months ago. Passengers protest on NCL cruiseship The New York-listed cruise major posted $482m in adjusted profit versus $506m in adjusted earnings during the same period last year. Adjusted earnings per share (EPS) came in at $2.23, beating t
  • Diana Shipping sells another ageing panamax bulk carrier
    Diana Shipping has sold its sixth panamax bulk carrier this year to date. The New York-listed shipowner has sold the China-built 73,700-dwt Clio (built 2005) to an undisclosed buyer for $7.4m before commissions. Does Diana Shipping's family plan work in public markets? Simeon Palios' daughter next in line to lead Diana Shipping Athens-based Diana has sold five other panamaxes since this yea
  • Tidewater sheds directors as activist-led reforms take hold
    Three directors have departed the offshore company, including its chairman
  • Genco's regular dividend provides 'optionality' for shareholder returns
    Genco Shipping & Trading has put forth a regular quarterly dividend policy as a way to provide "options" for returning value to shareholders, according to chief executive John Wobensmith. Genco Shipping to issue its first dividend in several years The New York-listed company late Wednesday afternoon announced plans to provide a $0.175 payout to shareholders every quarter, starting with the pas
  • Capesize slump pushes BDI below 1,500 for first time in four months
    Index sinks to lowest level since July amid thinning fixture lists and rising vessel availability.
  • UK lowers security risk for ships in the Strait of Hormuz
    The Royal Navy will stop accompanying UK-flagged ships in the politically and economically sensitive waterway.
  • Scorpio Tankers 'in the foothills of an inflection'
    STNG executives could barely contain their excitement at the cashflows they foresee in the months ahead.
  • Investors punish Top Ships stock on new Maxim raise
    Greek owner drops 56% in first hour on second warrants-fueled equity raise in two months.
  • Celebrity ship refloated after Galapagos grounding
    Passengers transferred to sistership after incident off Isabela Island
  • Crew evacuated after tanker fire off Singapore
    Blaze extinguished on Sampo Unyu's Hoyu, MPA says
  • Navios Acquisition confirms VLCC sale and wins term deals
    Greek owner banked $25.3m from offloading 2002-built ship to Vitol venture
  • Seaspan eyes next phase of growth but profit falls
    US-listed boxship owner completes $1.5bn portfolio financing programme.
  • International Seaways bullish on earnings after third-quarter loss narrows
    New York-listed tanker player has been shoring up its balance sheet and selling old tonnage
  • French shipowners call for investment backing for carbon 'transformation'
    Group says speed limits should be implemented 'without delay' to tackle decarbonisation.
  • Fully employed fleet helps GC Rieber stay profitable
    A six-month period of maximum fleet utilisation has helped GC Rieber Shipping stay profitable for a second consecutive quarter. GC Rieber staff lose appeal against sackings The Norway-based shipowner's fleet of subsea, ice/support and marine seismic vessels has been fully employed for the past two quarters. This has helped GC Rieber post a net profit of NOK 17.3m ($1.9m) for the third quarter,
  • Gard reports $65m profit and will not make a general increase in 2020
    Norwegian mutual insurer says members will not have to pay more premiums next year.
  • BTIG targets LNG for boxship bunkers with new leasing vehicle
    Managing director Ole Slorer said $12bn to $14bn of capital has been raised for the next generation of ships
  • Carsten Mortensen adds fourth tanker to Dee4 fund
    Dee4 Capital venture raids Japanese owner for $16.5m ship
  • Teekay Offshore strikes leaseback deal plus $100m loan
    US-listed owner finances shuttle tanker newbuildings with series of new agreements
  • Hafnia finally wins senior listing - but at what cost?
    Pundits say a good company with bright outlook may have fallen victim to siren song of unrealistic expectations
  • Paved paradise an apt venue as shipping wrestles green agenda
    Carbon tax gains momentum amid climate-change challenge, although deep contradictions remain
  • Societe Generale chases fraud cash from failed bunker firm IPP
    Bank says it has lost some $90m in an alleged bunkering scam as it hunts to recover assets
  • Subsea 7 still in the black but warns 2019 will be 'low point' in profitability
    Subsea 7 expects its 2019 results to be muted compared to 2018, but revenue and profit should bounce back in 2020.
  • Teekay settles two legal claims with combined $47m payout
    Owner says payments related to disputes over an FPSO and an FSO
  • Costs of abduction and ransom pile pressure on insurers
    Pain for underwriters as ransom demands in Gulf of Guinea increase and the 'kidnap market' hots up
  • Pirates in Gulf of Guinea switch from oil to kidnapping seafarers
    Crew members, once regarded as an impediment to cargo theft, are now seen as a new revenue stream
  • Court extends takeover offer deadline for Bourbon
    Potential buyers have until 20 November to lodge bids for restructuring OSV giant
  • Samskip chief shrugs off Brexit ahead of new UK service
    Despite volatile volumes Dutch line launches new service between the UK and Continent
  • UK P&I Club seeks 7.5% increase in premium
    Insurer said rates are 'no longer sufficient' to cover claims
  • 2020 Bulkers turns first profit and pays first dividend
    Tor Olav Troim-backed owner rewards investors after putting two vessels into operation in third quarter
  • Breakwater and Hayfin tie knot in bid to fill gap left by the banks
    Breakwater founder Andreas Povlsen tells how a five-year partnership led to a marriage
  • Wilh Wilhelmsen logs $17m loss due to Glovis stake
    Norwegian group saw change in valuation knock $37m off bottom line in third quarter
  • Guyana denies sale of state shipowner GNSC
    Government says talks ongoing with number of interested parties
  • Cleaves downgrades bulkers over rate softness and fleet supply
    Analyst sees weakness over next few months before resuming upward trajectory in 2020
  • Temasek bid for Keppel control to spark further consolidation
    Singapore's two largest shipyards face a likely merger following a similar trend in China and Korea
  • Inui Global president fends off 'activist' shareholders
    Yasuyuki Inui retains role after largest stakeholder demands he is replaced
  • Yasa Holding back in suezmaxes with Daehan Shipbuilding order
    Turkish owner exited the tanker segment in 2015, selling off a quartet of vessels
  • Lithuania's KN aims to acquire Hoegh FSRU Independence
    State-backed energy company says it will look to secure funding for deal before April 2020
  • Moby ferry runs aground off Stockholm after power failure
    Vessel expected to return to service following safety inspection by Swedish authorities
  • 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

American Shipperweb site
NOVEMBER 7, 2019
  • Sinotrans delivers scary Halloween third quarter results... or does it?
    All may not necessarily be as it may first seem in the world of company earnings. Dry bulk, ocean container shipping and logistics company Sinotrans...
  • Nippon Cargo Airlines joins cargo.one booking platform
    Airline is first Asian carrier to adopt platform
  • GM sells shuttered Lordstown plant to Workhorse founder
    General Motors Co. confirmed the sale of its shuttered Lordstown Assembly complex in northeast Ohio to startup Lordstown Motors Corp., which plans to build a...
  • Appeals court finds UPS liable for illegally transporting contraband cigarettes in New York
    A federal appeals court on Nov. 7 upheld a lower court's ruling that shipping giant United Parcel Service Inc. is liable for illegally shipping hundreds...
  • Transfix CEO wants less waste, more competition in freight brokerage industry
    McElroy wants to see a more efficient brokerage industry. He believes competition is promoting that.
  • Americold posts double-digit across-the-board gains in quarter
    Americold posts decent-to-mixed third-quarter results
  • More efficient freighters to help Lufthansa after soft 3Q earnings
    Operating profit for Lufthansa Group dipped slightly in the third quarter from a year ago in the face of higher fuel costs and subpar performance...
  • Drug/Alcohol Clearinghouse delay: Bad move for truck safety?
    Splitting up enforcement deadlines for the rule could cost millions in benefits.
  • Study: Americans' tab for tariffs $7.1 billion in September
    Between February 2018 and September 2019, U.S. consumers and businesses spent an additional $38 billion on products due to tariffs on Chinese goods, Tariffs Hurt...
  • Field of pipe dreams?
    Report finds 65% of hemp growers don't have buyers for their crops.
  • EKA launches cloud-based marketplace solution
    The company also announced a collaboration with telematics provider Transflo.
  • Containership charterer Seaspan eager to grow its fleet
    Seaspan Corp. says there are attractive opportunities to increase the size of its fleet.
  • New Jersey trucking owner slapped with two-year sentence for $2 million tax evasion scam
    Federal judge sentenced New Jersey trucking company owner to two years in prison for orchestrating an elaborate $2.3 million tax evasion scheme.
  • Tough comps rear their ugly head again
    Third-quarter earnings reports and economic data swing in carriers' direction, but not enough to move the needle in this week's DHL Supply Chain Pricing Power...
  • Freight Futures daily curve: 11/7
    Trucking Freight Futures pointing towards an uncertain to negative rate environment.
  • Shipping earnings roundup: Here come the dividends
    With profits around the corner, listed shipping companies are reopening the dividend spigots.
  • First snow of the season hitting interior Northeast (forecast video)
    First New England snowstorm of the season arriving "right on time." Local, regional freight impacts possible.
  • ELD mandate's hard deadline is here and adoption rates are still a concern
    The hard deadline for the ELD mandate hits on December 16, and a significant portion of the fleets that run AOBRDs are looking to put...
  • Tokyo to join Virgin Australia cargo network
    New service to begin in March 2020
  • US imports from China crash 25% as trade diversification accelerates
    A United Nations report concludes U.S. consumers and Chinese exporters are the primary losers in the trade war. Taiwan, Mexico, Europe and Vietnam are net...
  • Today's Pickup: Waste mountains of EV batteries a possibility with current mediocre recycling systems
    Governments need to bolster electric vehicle battery recycling infrastructure; American worker productivity declined by 0.3% this quarter; Brazil plans to double oil output.
  • Third-quarter net profit falls for Genesee & Wyoming
    Third-quarter revenue fell for the shortline operator.
  • FreightWaves LIVE forecast: big chill in the Windy City
    Bitter cold snap coming to Chicago next week during the freight industry's hottest event. Bundle up!
  • Rail recession in volume only
    Market expert Michael Baudendistel writes about whether there is a rail recession, or are railroads paring operations and employees to fatten their bottom lines.
  • SmartDrive video insights: the path to being more than just a camera company
    This is another in a series of videos produced by FreightWaves and SmartDrive, recorded at the recent SmartDrive Customer Conference in Atlanta. FreightWaves editor-at-large John...
  • Fees and duties analytics can help supply chains weather global tariff wars
    Enterprise supply chain solutions provider LLamasoft has introduced a new taxes and duties analytics service on its platform, which will help companies navigate the complex...
  • Volvo rolls out electric "urban" trucks in Europe
    A year after announcing a range of e-trucks for the U.S. market, Volvo Trucks has started selling all-electric models in Europe.
  • Economic slump weighs on October rail volumes
    U.S. rail volumes fell 8.1% amid trade uncertainty and "sluggish" growth abroad.

The Bunker Bulletinweb site
NOVEMBER 7, 2019
  • Norway's Havyard Group takes step towards hydrogen for bunkers
    Timeline for sea trials is not exact but company eyeing 2021.
  • Opportunities for Chinese oil market in IMO 2020 switchover: ESAI Energy
    IMO 2020 presents various opportunities for the Chinese oil market, ESAI Energy said Thursday.
  • Crude futures settle higher on US-China trade prospects
    Better prospects for a US-China trade deal add some bullish sentiment in crude markets.
  • 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
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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