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Independent journal on economy and transport policy
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BRIEFS
July 9, 2019
Sched Netweb site
  • Samsung finishes world's biggest box ship - 23,756-TEU MSC Gulsun
  • Singapore starts land reclamation for phase 2 Tuas mega port
  • US asks court to quash Huawei lawsuit on national security grounds
  • Drewry downgrades box volume growth forecast to 3pc this year
  • More automated container terminals over next 10 years: Moody's
  • CMA CGM invests in Notilo Plus drone to inspect its vessels underwater
  • UN's IMO gives NGO Nautical Institute role in regulatory compliance
  • Maersk to make weekly calls and NZ's South Island's Timaru port
  • China defies US sanctions against Iranian oil, extends economic lifeline
  • Brookfield to buy Genesee & Wyoming railways for US$8.4 billion
  • Korean Air to shut cargo terminals in major cost-cutting drive
  • Shenzhen's SF Airlines launches route connecting Urumqi to Almaty
  • Garuda plans to launch drone to make deliveries to remote areas
  • Etihad Cargo shuns 'bad revenue', fine-tunes its network strategy

Exim Indiaweb site
JULY 8, 2019
  • Alfredo Scalisi appointed General Managerof La Spezia container terminal
  • Bahri launches 'iSupplier' platform to streamline procurement
  • Changes to Indian Sea Cargo Manifest regulations from Aug. 1
  • CMA CGM to improve its FAL 1 & FAL 3 services
  • Extra Risk Coverage Surcharge in Middle East
  • Gujarat Maritime University conducts interactive session in Bengaluru on career prospects in maritime industry
  • Hapag-Lloyd places record order for reefers
  • Joint industry project to develop 220k LNG carrier with Mark III containment system
  • Overweight Surcharge (OWS) on cargo bound for Chittagong
  • ZIM further expanding its strategic operational cooperation with 2M Alliance
  • DP World, UAE Region launches major initiative to attract Indian trade & investments to Jebel Ali Port & Jafza
  • First blockchain container shipped to Rotterdam port
  • KoPT resumes container handling at Kidderpore Dock after 10 years
  • PSA's Chennai International Terminals wins 'Container Handling Terminal of the Year' award at South East Cargo & Logistics Awards 2019 for third consecutive year
  • Dedicated Freight Corridor project to be completed by 2022
  • Budget a roadmap for New India but govt should look into extending reduction in corporate tax to all companies, says FIEO

International Transport Journalweb site
  • Innovating at the roots

The Loadstarweb site
JULY 8, 2019
  • Pilots union must stop interfering with Atlas Air operations, rules US court
  • DHL Freight announces peak season surcharge for shipments across Europe
  • Australian stevedores are 'turning on the money tap again'
  • RZD Logistics launches more China-Europe overland services
  • The rise of drop shipping, as online merchants look to jettison inventory
  • Loadstar Striders hit their peak - 24 times, and all in a good cause
  • Chris Grayling accused of trying to 'silence' hauliers on no-deal Brexit
  • Ian Martin Jones: funeral details announced
  • Market Insight: DSV + Panalpina - from 'trouble in paradise' to the modern Viking Ironclad Age (Part I)

Marine Logweb site
JULY 8, 2019
  • USCG issues cybersecurity alert
    In a Marine Safety Alert issued today, the U.S. Coast Guard says that, in February, a deep draft vessel on an international voyage bound for the Port of New York and New
  • MAN signs global agreement with Wallem
    MAN Energy Solutions has signed a Global Key Account Management contract with Hong Kong based Wallem Group. The contract covers the supply of spares and services to MAN main engines, generators and
  • VIDEO: SHI delivers world's largest containership
    South Korea's Samsung Heavy Industries (SHI) says that it has successfully completed construction of the world's largest containership three weeks ahead of the contracted delivery date. The ship, the MSC Gulsun, is
  • Sapura inks optimized maintenance deal with Wärtsilä
    Sub-sea services specialist Sapura Brazil has signed a five-year optimized maintenance agreement with Wärtsilä. The agreement covers Sapura's six pipe-laying support vessels (PLSVs), which are fitted with Wärtsilä 32 engines and Wärtsilä
  • Key Turkish shipowners opt for Alfa Laval BWTS
    The Turkish Shipowners Ballast Water Treatment (BWT) Group, which has around 50 members, has signed a fleet agreement with Alfa Laval worth around $23 million covering the installation of PureBallast 3 systems
  • Kongsberg offers a more silent propeller
    Norway's Kongsberg Maritime has adapted a propeller concept used in naval applications to lower vessel sound signature and is offering it to commercial shipping customers to reduce the effect of underwater radiated

Lloyd's Listweb site
JULY 8, 2019
  • Gibraltar says seized tanker was fully loaded with crude oil
    Gibraltar government claims Grace 1 was carrying crude oil at full capacity after lab testing
  • Greece names Ioannis Plakiotakis as shipping minister
    Maritime brief will Plakiotakis' first full ministerial post, but he has twice served as deputy minister in previous administrations
  • The Entrepreneurs
    Most start-up businesses are doomed to fail, but the process of collaborating, innovating and ingesting new ideas and companies into...
  • Deutsche Bank will maintain shipping coverage
    'My franchise remains firmly intact' - Deutsche Bank director of transportation and shipping Amit Mehrotra
  • Maritime joins Pride 2019 in London
    Marching at Pride is significant in improving diversity and inclusion for LGBT+ people in all maritime areas, says Nautilus International...
  • Shipping offers new Greek government challenges and opportunity
    The new Greek government of Kyriakos Mitsotakis can call on the highly productive maritime industries to boost efforts to further...
  • West Africa is world's worst hot spot for pirate attacks, IMB reports
    In the first half of 2019, 92% of hostage-takings took place in the Gulf of Guinea
  • Japan trials low-sulphur fuel on coastal routes
    The ministry said it did not face any problems during the trial, which took place on June 27 on steel...
  • Data shows almost 200 vessels scrapped in second quarter
    Five workers lost their lives in the second quarter of 2019 as the country recycled 70 vessels
  • DryShips hires advisers to assess Economou offer
    Special committee of disinterested directors has retained Evercore as financial adviser and Fried, Frank, Harris, Shriver & Jacobson LLP as...
  • Stuart Nicholls
    "Entrepreneurship in shipping is in a good place right now"
  • Tuomas Riski
    "It's quite challenging to run a start-up in such a conservative industry"
  • Shachar Tal
    "The only thing that separates you and success is dedication, tenacity and an unswerving conviction that what you're doing is...
  • Noah Silberschmidt
    "There is now a clear and pressing need for clean technology to reduce fuel costs and emissions - this makes...
  • Mogens Mathiesen
    "The main barrier to entry is access to data - a lot of the value comes from small entrepreneurial companies...
  • Kjell André Engen
    "A lot of people believe that innovation is about technology. It's not. Innovation is about matching industry expertise with attitude and...
  • George Mangos
    "The question of how you get a good idea to meet capital, and then turn it into reality is all...
  • Deanna MacDonald
    "The traditional venture capital model is broken - it's based on value extraction and maximisation of profit for the shareholders...
  • David Siegel
    "Shipping's mindset is changing when it comes to the potential of technology"
  • Chris Jones
    "Entrepreneurship is necessary for shipping's survival"
  • UN orders Nigeria to release Swiss tanker
    The International Tribunal for the Law of the Sea rules that not only has San Padre Pio been detained for...
  • Baltic Exchange's 74,000 dwt panamax index to be derived from fixed value
    The 74,000 dwt assessment for any contracts still trading will be derived from a fixed value average differential with the...
  • Chinese trade in contraction territory, says DHL
    DHL sees China's foreign trade increasingly weighed down by its trade battle with the US and slowing domestic demand
  • Iran says seizure of oil tanker was 'threatening act'
    Iran's Defence Minister Amir Hatami condemned the seizure of the tanker during a speech broadcast live on state television, while...
  • Cosco Shipping Heavy Industry agrees scrubber production deal with Wärtsilä
    Wärtsilä already has production tie-ups with various other Chinese companies
  • Cork sets out growth vision with new container terminal
    Irish port seeks higher volumes, despite looming disruption from Brexit
  • Daily Briefing
    Gibraltar extends detention period for seized tanker | Tanker seizure could face legal challenge | More leading carriers add war...
  • Cosco Shipping Development names Wang as chairman
    Former chairman Sun Yueying, 61, has retired from the office
  • California lawmakers to consider bill restricting port automation
    The hearing comes just days ahead of a meeting of Los Angeles port commissioners who have been instructed to reconsider...
  • DP World terminals hit by national strike in Australia
    The action is re-emerging after a ceasefire agreed in April seems to have broken down
  • APL to launch new Central America service
    A weekly call in Kingston, Jamaica will also enable shippers to pick up cargo from APL's Asia Colombia Express service...
  • US dry bulk ETF outperforms all others
    The fund, based on futures prices, outperformed all others in the second quarter

The Journal of Commerceweb site
JULY 8, 2019
  • UP to penalize missed intermodal deliveries
  • Key users back APM's Los Angeles automation plan
  • US importers accelerate SE Asia sourcing
  • New service builds on PortMiami's rising Dominican trade
  • Freight 'funnel' narrowing at US-Mexican border
  • Australian dockworkers strike against DP World
  • Intermodal rail providers prep for smoother peak
  • Container lines rein in third-party data sharing
  • US vehicle tariffs threaten fast-growing trans-Atlantic trade

TradeWindsweb site
JULY 8, 2019
  • Brookfield adds director to Teekay Offshore board
    Brookfield Business Partners has added Gregory Morrison to the board of its takeover target Teekay Offshore. The Vancouver-based offshore player announced that Morrison, the former chief executive of Canadian insurer Trisura Group, would replace Walter Weathers after the close of trading Monday in New York. Brookfield moves to acquire Teekay Offshore Shareholder group decries discounted Teekay
  • Low-profile Allseas makes rare ship sale
    Allseas has made its first ship sale since Anthony Valmas set up the Greek handysize operator almost 10 years ago. In an inconspicuous but lucrative deal, the Piraeus-based company sold the 28,500-dwt Allstars (built 2000) to Chinese buyers for $4.5m, Greek brokers reported. Valmas, who did not respond to a request for comment, bought the Imabari Shipbuilding-constructed vessel in December 2016
  • New bulker orders slow to half of last year's levels
    Over-supply, lack of finance and IMO 2020 are holding back newbuilding activity
  • Coast Guard suspends search for Carnival crewmember
    After nearly two days and thousands of miles, the US Coast Guard called off its search for an overboard Carnival Corp crewmember. The agency said Sunday afternoon that it was unable to locate the worker, who fell off the 2,758-berth Carnival Victory (built 2000) 30 miles northwest of Cuba Thursday. The Coast Guard said the search covered 2,600 square nautical miles over 45 hours and involved two
  • Fednav suing Greek owner after open seas engine failure
    Canadian owner Fednav is looking to obtain nearly $1.2m in security ahead of arbitration in London over a ship gone bad. The privately-held, Montreal-based company sued late last week in Miami federal court, alleging it suffered seven-figure damages after bulk cargo seeped into fuel tanks and damaged engines aboard the Naviera Ulises-connected 33,600-dwt Gea (built 2005) last year. It seeks to ga
  • Panamax bulker market posts massive gains but correction looms
    Average panamax rates have risen 31% over the past week, but a market correction could soon be in store.
  • Downing dials down holding in Braemar Shipping Services
    UK investment firm Downing has trimmed its stake in Braemar Shipping Services for the second time in under one month. Strong newbuilding activity drives better first quarter for Braemar ACM Boxship demolitions on course to double as feeders head to beaches Downing, formed in 1986 by former NatWest Ventures executive Nick Lewis, was the largest shareholder in Braemar at the end of its last fina
  • Deutsche Bank team confirms survival
    Top analyst Amit Mehrotra tells clients he looks forward to 'dialogue for many years to come' after bank's cut of 18,000 jobs.
  • DryShips appoints advisors for George Economou takeover
    Financial and legal advisors have been appointed to assist DryShips board members in evaluating George Economou's proposed takeover of the company. George Economou offers to buy DryShips A special committee of DryShips directors has been formed to consider the non-binding offer of $4.00 per share submitted by Economou's privately owned entity SPII Holdings on 12 June. Evercore has been retain
  • Study finds scrubbers will have 'serious consequences' on marine life
    Swedish analysis says IMO 2020-compliance installations are toxic to zooplankton
  • HMM pact with THE Alliance set to shake up East-West trades
    South Korean operator's switch from 2M has big implications for rivals - and maybe shipyards
  • Oldendorff charters two capesizes from CSIC Leasing
    German carrier finds Chinese-built vessels to be of good quality
  • Hornbeck Offshore shares up after $100m refinancing deal
    Hornbeck Offshore shares are up Monday after announcing a $100m financing deal at the end of last week . The New York-traded, Louisiana-based company announced it had secured the revolving credit facility with unnamed lenders after the close Friday. Offshore rate surge helps Hornbeck refinance Hornbeck losses deepen in first quarter In early trading Monday, shares were up four cents, or 3.33%
  • Warmbier parents file claim against North Korean ship
    Family of US student who died after North Korean imprisonment seeks to recover award.
  • GC Rieber adds five months to OSV deal
    Norwegian owner extends charter with European client.
  • BP 'holds back' tanker in Gulf due to Iran threat
    Report claims British Heritage called off loading in Iraq and is now at anchor off Saudi Arabia.
  • Tallink seals $222m finance for new LNG ro-pax
    Estonian owner taps KfW for loan to build Rauma vessel.
  • Capesize spot market corrects itself after huge growth
    The capesize market is taking a breather but rates remain at some of the highest levels seen in 11 months.
  • OSV owners warned as Saudis overhaul maritime law
    First bespoke shipping regulations place restrictions on overseas offshore ships, but could also limit owners' liability.
  • Taylor Maritime buys two handysize bulkers from J Lauritzen
    Taylor Maritime is said to have bought two Japan-built handysize bulkers from J. Lauritzen. Taylor Maritime stays true to secondhand bulk carriers Brokers report that the Hong Kong-based owner has paid $9.5m apiece for the 31,887-dwt vessels Emma Bulker and Louise Bulker (both built 2010). The sale price is roughly in line with what was reported for another Japan-built handy of a similar age so
  • Landbridge Group joins $1bn Chinese LNG import terminal project
    Deal fits into China's Belt and Road Initiative and will see gas diverted from the Australian domestic market
  • Neda and Ridgebury VLCCs fetch premium prices from conversion buyer Yinson
    The Lykiardopulo family has joined Ridgebury Tankers in cashing in a veteran VLCC to FPSO specialist Yinson Holdings, market sources said. Kuala Lumpur-listed Yinson is understood to be paying $60m for the two tankers as it looks to secure tonnage for upcoming projects. Ridgebury Tankers sells VLCC as price spike extends NS United seeks sale of VLCC in latest deal to test tanker asset price pro
  • Louis Dreyfus steps up wind-power push
    French owner is fitting kite system to ro-ro and designing wind-assisted vessel.
  • SK Trading to quadruple LSFO output
    South Korean refiner wants to meet growing demand for IMO 2020-compliant fuel.
  • AP Moller-Maersk takes share buyback to $425m with latest purchase
    AP Moller-Maersk is accelerating its share buyback efforts and has now invested comfortably over $420m in its stock this summer. The world's largest shipowner announced a $1.5bn buyback programme in May and has been active in purchasing its own stock during the past three weeks. Maersk starts $1.5bn buyback programme Maersk boss Skou shoots down price war talk as Trump's battle with Beijing den
  • KOTC puts anchor-handler up for sale
    Kuwait Oil Tanker Company (KOTC) has launched a tender to sell an elderly anchor-handler. The Kuwait Petroleum Corporation subsidiary said the closing date for bids for the 60-bp Al Sabriyah (built 1983) is 29 July. Bids are valid for 90 days. The vessel is available for inspection at anchorage outside Kuwait City on 15 July. The ship is the company's only OSV, apart from a utility boat. Vess
  • Greek bulker hit by boxship in China
    Anbros ship at berth in Yangtze river when contact was made by another vessel.
  • Over 10% of world fleet will have scrubbers at start of IMO 2020, says Clarksons
    Shipbroking giant says figure will reach 15% by the end of next year, with around 400 new orders seen do far this year
  • OW Bunker estate sues own trustee for $79m
    The estate of OW Bunker is suing one of its own trustees for failing to go after investment bank Jefferies
  • Wartsila targets Chinese scrubber market with Cosco deal
    Finnish group and Chinese partner aims to create one-stop shop for exhaust gas cleaners.
  • Tanker damaged in Fujairah attack heading for Iran
    Thome's Andrea Victory back in business in the Gulf with humanitarian cargo.
  • UN tribunal orders release of ABC tanker and officers
    Swiss government must provide $14m in security for Nigeria to free San Padre Pio.
  • Chinese eye giant LNG carriers in tie-up with LR
    Joint industry project aims to improve China's ability to offer competitive gas carrier designs.
  • Samsung Heavy Industries delivers "world's largest" container ship
    South Korean yard hands over first of six new giant containerships to Mediterranean Shipping
  • Deutsche Bank shipping research to survive mass cuts
    After series of analyst exits, industry to get some good news in German bank's major restructuring.
  • Sembcorp Marine may face $295m Brazil fine, says analyst
    DBS Bank says fiscal penalty could be anywhere between 35%-70% of that paid by Keppel.

American Shipperweb site
JULY 8, 2019
  • Commentary: The five miles of uncertainty
    American shippers need to look at their supply chains through the lens of the five-mile framework and plan for different scenarios during these uncertain times in the economy and trade.
  • MSC plans general rate increase
    A $1,000 increase is announced for 40-foot containers moving from Asia to the U.S.
  • CBP seizes MSC ship tied to 20-ton cocaine shipment
    The agency called the seizure of the 10,776-TEU MSC Gayane the largest in its 230-year history.
  • USTR issues sixth round of Section 301 exclusions
    The exclusions retroactively will apply to the July 6, 2018, effective date of the tariffs and cover several machine parts among other items.
  • New APL service connects Miami with Caribbean, Latin America
    The service will offer connections to APL services to and from Asia.
  • Senate Commerce to mark up blockchain bill this week
  • Federal transport regulator posts being filled

The Bunker Bulletinweb site
JULY 8, 2019
  • Brazil's ANP to require publication of refined-product, natural gas prices
    Brazil's National Petroleum Agency will require oil companies, importers and distributors to publish prices for refined products and natural gas.
  • Brazil's Manati Field gas output continues decline in Q2: Enauta
    Brazilian independent oil and natural gas producer Enauta released second-quarter production results.
  • Japan says first IMO-compliant bunker fuel trial on coastal vessels a success
    MLIT still intends to run more trials with different kinds of coastal vessels by around the end of July.
  • External: Praxis Energy Agents DMCC
  • Iran says it's set to break nuclear deal rules for a second time
    "From today, we officially pass the limit of 3.67% for uranium enrichment," a said.
  • FUTURES: Crude stable amid lack of fresh cues, geopolitical risks
    Asia markets are expected to find a soft start to the week after seeing Wall Street pullback on Friday from lowered expectations of a Fed cut, an analyst said.
  • Iran says seized oil tanker off Gibraltar was not headed to Syria
    "Despite what Britain has claimed, the destination of this oil tanker was not Syria," Iran's deputy foreign minister for political affairs, said.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
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.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
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%.
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
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
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
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%
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
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
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.
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