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Independent journal on economy and transport policy
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BRIEFS
May 14, 2019
Sched Netweb site
  • Maersk to slash Asia-Europe FAK rates from 16 May
  • Hong Kong Seaport Alliance aims to reclaim 20m TEU from competitors
  • Cosco said to be eyeing PIL after it bought Singamas box factories
  • Hapag-Lloyd posts Q1 net profit of US$109m with higher box volumes
  • US Retail imports forecast to reach 'unusually high levels' in the summer
  • Port of Long Beach staff aim to draft action plans before year's end
  • Carriers turn to floating contracts to cope with IMO 2020 fuel costs
  • Panama Canal draft restrictions cut containership loads by 15pc
  • Port of Haifa berths its biggest ship ever - 15,300-TEU Maersk Hamburg
  • Air Transport Services Group sales up 71pc - 737 crashes bring added work
  • Northern airports to become 'beating heart' of development post-Brexit
  • World air cargo reverses downturn with 0.1pc growth

Exim Indiaweb site
MAY 13, 2019
  • APL enhances Japan-Thailand-Vietnamservice
  • Container market freight rate index
  • LNG market to see shifts between excess supply & excess demand during 2019-23, says research
  • Ministry of Shipping's major achievements in April 2019
  • New rail connection for fresh produce launched at Rotterdam Port
  • Suez Canal Container Terminal a key part of Egypt's infrastructure push
  • Indo-US trade seen having potential to surge to $500 bn by 2023-24
  • JNPT conducts informative seminar on marketing strategies & public relations for ports
  • VCT's growth rate up 16 pc in 2018-19
  • Kerry Logistics expands food cold chain capability in China
  • Govt to introduce new GST returns filing system to improve compliance, say GST Commissioners
  • India among Asian economies set to dominate 7 pc growth club during 2020s, says research
  • ArcelorMittal upgrades global steel consumption growth outlook
  • WTO launches updated profiles on trade in value-added terms & global value chains

International Transport Journalweb site
  • New board member for Spedlogswiss Northwest Switzerland
  • Additional rail capacity for Western Canada
  • Extended breakdown service for trucks and trailers
  • Iaph re-elects Santiago Garcia-Milà as president
  • Prologis and L'Oréal open carbon-neutral hub
  • Antonov and Bolloré bring aid to Mozambique
  • More equipment for the port of Maputo
  • New container train to link Cologne and Hamburg
  • Esla appoints new director business development
  • Panalpina's AGM approves all board proposals
  • Alitalia Cargo to lift up CSafe RAP
  • Port of Cork: recognition for fundraising efforts
  • Making France's air transport sector more competitive
  • "Curiosity of the Day"
  • Dachser USA launches automotive competence centre
  • Italy:100 new locomotives and 714 freight wagons
  • Fercam takes over Maimex' operations in Asia
  • London remains the hot spot for arbitration

The Loadstarweb site
MAY 13, 2019
  • Yantian Express to sail for Canada on Wednesday, 'with all cargo aboard'
  • Agility profits rise in first quarter to mitigate Panalpina disappointment
  • Weaker air freight market sees MAG volumes take a dive in April
  • 'Forcing ships to steam even slower could have 'unintended consequences'
  • A metamorphosis or imaginary: what exactly is digital freight forwarding?
  • Santiago Tejedo is new head of air freight at Priority Freight
  • Stocks tumble as China issues tariff retaliation
  • The real revolution in electric vehicles...
  • Analysis: market leader BNSF is steaming ahead in more ways than one
  • Etihad makes a conditional offer on Jet Airways

Marine Logweb site
MAY 13, 2019
  • Class action lawsuit filed following Viking Sky incident
    Viking Cruises faces a class action lawsuit claiming punitive damages following the March 24 incident in which some 479 passengers were evacuated by helicopter from the cruise ship Viking Sky when it
  • BAE San Diego awarded $32.3 million Navy contract
    BAE Systems San Diego Ship Repair, San Diego, Calif., has been is awarded a $32,324,635 contract for the overhaul of the medium auxiliary repair floating dry dock (non-self-propelled) Arco (ARDM 5). This
  • Gibbs & Cox names Matt Garner Assistant VP Ship Design
    Naval architecture and marine engineering firm Gibbs & Cox, Inc., Arlington, Va., has appointed Matthew Garner as its Assistant Vice President, Ship Design. Garner joins Gibbs & Cox following a civil service
  • Damen and Wilson Sons convert PSV to DP2 dive support vessel
    Damen Shipyards and Brazil's Wilson Sons Estaleiros have completed the conversion of the, platform supply vessel Fulmar, owned and operated by Wilson Sons UltraTug Offshore, to a shallow dive support vessel (SDSV).
  • Thome ship one of four hit in UAE sabotage attacks
    More details are emerging about the sabotage attacks on four ships reported yesterday by the UAE Ministry of Foreign Affairs and International Cooperation (MOFAIC) (see earlier story). The initial statement said only
  • KVH sells Videotel business for $90 million
    Middletown, R.I., headquartered KVH Industries, Inc., (Nasdaq: KVHI), has sold its Videotel maritime training business to an affiliate of Oakley Capital for a base purchase price of $90 million, on a cash-free,
  • Wärtsilä to power China's first LNG fueled PSVs
    Twelve new LNG fueled platform supply vessels on order for China Oilfield Services Co Ltd (COSL) will be powered by Wärtsilä 20DF dual-fuel engines. The vessels, which will be the first LNG
  • Evac BWMS type approved to new, tougher IMO standard
    The Evac Evolution Ballast Water Management System (BWMS) has been granted IMO Type Approval, following testing to the latest IMO requirements which encompass the revised G8 standard and the recently introduced Ballast

Lloyd's Listweb site
MAY 13, 2019
  • Tanker 'sabotage' off UAE puts shipping on alert
    The incident has already heightened fears that shipping lanes in the Gulf could once again become a flashpoint as tensions...
  • Houston Ship Channel reopens after chemical spill
    Vessel traffic will be restricted to slow speeds through the Houston Ship Channel for up to a week as salvage...
  • Worldviews on shipping emissions collide at IMO
    Protesters and delegates from varying countries showcase a contrast in perspectives about GHG emissions on the first day of MEPC...
  • Navios Acquisition adds to VLCC newbuild tally
    Tanker owner posts modest first-quarter profit and confirms additional fleet renewal moves
  • China retaliates with new US tariffs
    The duties largely target the US agricultural industry, with US chicken, wheat, sugar and peanuts becoming more costly for buyers...
  • 'Damn the whales, full speed ahead!'
    On May 15, California's Protecting Blue Whales and Blue Skies Partners will kick off their 2019 voluntary vessel speed reduction...
  • Grounded bulk carrier Solomon Trader refloated
    Kangava Bay is home to a Unesco World Heritage site and concerns were raised quickly over damage to the site...
  • Capital Product posts increased profit from containerships
    Better boxship rates for neo-panamaxes help the partnership's results in the wake of tanker spin-off
  • Shortsea draws short straw in low-sulphur contest
    SeaIntelligence Consulting chief executive Lars Jensen warns that the slowdown experienced in the Baltic following the introduction of the emission...
  • Low-sulphur quality concerns still unresolved
    Ship operators warned over mixing without clear understanding of content of low-sulphur fuels
  • Slowing boxships further 'has some cost benefits'
    Given that slow steaming is such a long-established feature of the industry, Drewry has said it is questionable how much...
  • Shippers call for bunker bill clarity
    Shippers are arguing that beyond following the law on sulphur emissions, carriers will need to be compliant with the entire...
  • The lost decade of ship recycling
    The EU, governments and shipowners under pressure to support the Hong Kong Convention as impatience grows
  • Kathleen Eisbrenner, LNG industry veteran and FSRU pioneer, dies at 58
    Eisbrenner also worked for El Paso Corp and led Royal Dutch Shell's global LNG business
  • Braemar merges technical unit with Aqualis
    The deal, which is expected to be completed in June, excludes Braemar Engineering
  • Shell gives update on VLSFO trials
    'The experience we gained from this trial and others, helps us be sure that the solutions Shell provides are what...
  • Connecting established players with tomorrow's talent
    Nor-Shipping 2019 will uniquely attempt to help the maritime industry simultaneously tackle both a major challenge of its own, together...
  • Anadarko agrees LNG sale and purchase deal
    LNG export project will initially begin operation with two trains of 12.9m tonnes per annum in combined capacity
  • Allianz Marine acquires Swissco fleet and assets
    Allianz Marine is linked to another merger with Pacific Radiance, in which the former is said to have pledged $180m...
  • Keppel lands Taiwan offshore windfarm project
    The S$150m contract would spell Keppel FELS' first breakthrough in Taiwan's blossoming offshore wind market
  • Daily Briefing
    Final decisions and new beginnings at MEPC 74 | Don't turn a blind eye to 2020 problems, IMO urged |...

The Journal of Commerceweb site
MAY 13, 2019
  • US shippers have some, but few tariff relief options
  • Carriers need to repeat low-sulfur success in trans-Pac globally
  • Baltimore trains dockworkers to keep up with demand
  • JNPT aiming to attract larger ships with deeper draft
  • The case for regulating Amazon logistics
  • Drewry: Carrier gains to be made by limiting ship speed
  • Global terminal operators expand Canada footprint

TradeWindsweb site
MAY 13, 2019
  • Capital Product Partners to decide on bulker fate
    CEO says it will decide what to do with its lone bulker when its charter ends
  • Alafouzos family backing fresh $15m Okeanis Eco Tankers private placement
    Okeanis Eco Tankers is eyeing a $15m private placement with the backing of its main shareholder, the Alafouzos family. Alafouzos family hands Okeanis Eco Tankers options for fresh suezmaxes at Hyundai Heavy Industries Okeanis Eco Tankers sets out spot and dividend goals as market tipping point approaches Okeanis, which first floated in the Oslo capital markets system last summer, is working wit
  • Hafnia Tankers tipped for 'cracking deal' with Equinor for LR2 newbuilding brace
    Hafnia Tankers is set to captured an attractive time charter deal for two LR2 newbuildings from Norwegian major Equinor, brokers say. The charter for the two vessels nearing completion at Daehan Shipbuilding reflect a premium for scrubbers and the growing anticipation for a strong market when IMO 2020 kicks in. BW Group closes book on Hafnia Tankers takeover Trio of BW LR2s head for time charte
  • US-China trade tensions spell high risk for boxships
    Tariffs may be 'major demand destructors', Morgan Stanley analyst says.
  • Aegean Shipping strikes long charter deal with Trafigura
    Greek owner Aegean Shipping Management is locking one of its two aframax tankers into a profitable charter for up to four years. Sources said trader Trafigura has fixed the 112,000-dwt Green Attitude (built 2018) for two years with subsequent options for two periods of one year. Brokers said Trafigura has agreed to pay $25,000 per day. Managers at Piraeus-based Aegean did not respond to a reque
  • Lord Clarke: London to stay pre-eminent in arbitration
    A former justice of the UK Supreme Court has backed London to retain its pre-eminent position in global shipping arbitration. Lord Tony Clarke, now a commercial arbitrator, told delegates at the first London International Disputes Week: "I bet there's nowhere in the world that competes with it - well maybe one or two places dragging along behind." He called London a "brilliant place to come to."
  • Liberia is all in the family for the young Cohens
    Brothers fondly recall their father's influence but say he is no longer connected with day-to-day operations of LISCR
  • LISCR's new generation ready to roll with own team
    Cohen brothers do not exactly explain departure of long-time chief executive Scott Bergeron, but make it clear who is in charge of the Liberian Registry
  • Liberian registry takes aim on global flag-state leader Panama
    Cohen brothers and ex-Panama head Alfonso Castillero say it is just a matter of time before LISCR becomes the world's largest shipping registry
  • Brexit confusion hits UK demand for cruises
    Withdrawal from the EU creates 'uncertainty' for UK consumers, Royal Caribbean's Richard Fain says
  • Coral Shipping sells first vessel in nearly four years
    Greek owner Coral Shipping is selling its first vessel since late 2015. Brokers said the Greek shipowner has sold the 73,000-dwt tanker Glorious (built 1999) to an undisclosed buyer for in excess of $7m. VesselsValue estimates a tanker of the Onomichi Dockyard-built vessel's characteristics is only worth $5.7m, while Maritime Strategies International has a $5.6m to $6.8m estimate. The Gloriou
  • Post-merger Capital Product Partners looking to grow
    Capital Product Partners is back on the growth path after merging its tankers with Diamond S Shipping. . The Envagelos Marinakis-led shipowner posted a $7.2m in profit from its continuing operations for the first three months of 2019, as expenses fell by $6.5m to $15.4m thanks to the disposal of two ships last year. Merger finalises after Evangelos Marinakis finally gives into Diamond's advances
  • Drewry backs Maersk's wary stance on slow-steaming
    Drewry is backing Maersk Line in urging caution over new mandatory slow-steaming proposals at the IMO. The shipping consultancy said no container lines signed the letter from more than 110 shipowners supporting a French plan to impose speed restrictions on the world fleet. It said: "There does appear to be some marginal gains to be had from slowing ships even further, both in terms of fuel consu
  • Viking Cruises inks loan for Neptun Werft newbuildings
    Viking Cruises has secured a newbuilding loan from KfW IPEX-Bank. Viking Sky incident raises concerns over Solas failings The package for the vessels, to be constructed at Neptun Werft, has been provided alongside export credit insurance. Andreas Ufer, member of the management Board of KfW IPEX-Bank, said the financing helped to secure important jobs in the maritime industry in Germany. The
  • GasLog looks to tap $75m from existing US bond to fund newbuildings
    Peter Livanos' GasLog has turned to the capital markets as it looks to take the next step in the funding of its newbuilding programme. New York-listed GasLog is seeking to add $75m to its existing $250m bond which trades in the US. GasLog newbuilding secures long-term charter with Endesa but will trade spot in 2019 Livanos lashes out at 'abhorrent' use of capital markets GasLog is working with
  • Siem Offshore: term AHTS deals "non-existent"
    Siem Offshore has highlighted tough conditions for anchor-handlers while spying improvements for platform supply vessels (PSVs). The Norwegian OSV owner said large and modern PSVs had experienced an increase in demand for upcoming campaigns, with rates rising. Siem reactivates AHTS after winter stacking But the AHTS segment was still suffering low utilisation and low average day rates on a glob
  • Extinction Rebellion takes campaign to International Maritime Organization
    Extinction Rebellion, the radical environmental lobby group, took its campaign to the IMO headquarters in London this morning to urge shipping regulators to take quick action on climate change. The green group, known for its mass demonstrations that have caused traffic chaos in central London this spring, timed its demonstration to coincide with the start of high level environmental talks on redu
  • Rever Offshore ties up whole fleet on North Sea jobs
    UK OSV owner Rever Offshore has chartered out its fleet of four ships for North Sea projects. The company said deals had been signed since the start of April. Its three saturation dive support vessels and a heavy construction support ships were employed on various large subsea decommissioning contracts, and inspection and maintenance deals. CEO Barry Macleod said: "I am delighted to see our Rev
  • Navios Maritime Acquisition linked to VLCC demolition deal
    Greek shipowner Navios Maritime Acquisition has sold its oldest VLCC with the vessel exepected to be scrapped. Navios Maritime Holdings sells oldest capesize bulk carrier Navios VLCC orders linked to AISSOT work Imabari confirms four VLCC newbuildings for Navios New York-listed Navios Acquisition has been renewing its VLCC fleet at a time it is awaiting the delivery of four new ships under co
  • Bankruptcy proceedings start against Uljanik yard
    A Croatian court has opened bankruptcy proceedings against struggling Uljanik Shipyard. The commercial court in Pazin took the decision on Monday due to the continuing freeze on its bank accounts, the Hina news agency reported. Jan De Nul demands cash from Uljanik Shipyard The chairman of the shipyard's board, Sandi Bozac, said Uljanik's account had been frozen for 231 days. The country's fina
  • Hamburg Commercial Bank to target $1bn-worth of fresh ship-finance business
    Global shipping boss Jan-Philipp Rohr talks about being the last bank standing in German ship finance
  • Union Maritime linked to aframax tanker deal with Valles Steamship
    Union Maritime is tipped to have strengthened its aframax fleet with the purchase of a 14-year-old tanker from Valles Steamship. Union Maritime strikes again with aframax tanker purchase Speculation swirls around suezmax tanker resale swoop by John Fredriksen Valles Steamship exits dry cargo market with sale of last bulker to Modion Maritime Hong Kong and Vancouver based Valles has been ci
  • European Commission to add eight more demolition yards to approved list
    Yards in Norway, Denmark and Turkey will be added to European list of 'approved' ship recycling yards
  • US blocks two more tankers over Cuba trips
    The US has designated two more tankers as "blocked property" after they allegedly made trips from Venezuela to Cuba. The treasury department's Office of Foreign Assets Control (OFAC) said the two vessels transported oil to the Caribbean country. PB Tankers denies alleged Venezuela dealings, will fight Greek tanker caught up in Venezuela sanctions net It designated shipowner Monsoon Navigation
  • Stena Bulk inks one-year charter for Almi Tankers suezmax
    Stena Bulk of Gothenburg has strengthened its ties with Almi Tankers of Greece after concluding another period charter for a suezmax. Heavyweight owners swing behind slow-steaming Diamond S fixes scrubber-fitted suezmaxes at premium rates The 157,000-dwt Almi Galaxy (built 2012) has been fixed on a one-year charter with an option for six more months, Stena Bulk chief executive Erik Haanell conf
  • Shell details first very low sulphur fuel oil trials with shipowners
    Major tests out new 0.5% fuel offering on one of its own tankers in Singapore
  • COSL opts for LNG to power its PSV newbuildings
    CNOOC-owned offshore operator orders LNG dual-fuelled engines for its 12 offshore vessels building in China
  • Clarksons: boxship deliveries lowest for more than a decade
    Clarksons Research has revealed boxship deliveries will drop to their lowest level for more than 10 years in 2019. It said there will be a "significant" slow-down to 0.8m teu coming from yards this year, while the total for 2020 will be 1.1m teu. Recycling activity is projected to pick up during this period as well. It is predicting fleet capacity growth at 2.6% and 3.3% respectively in 2019 an
  • Fire-hit cargoship towed into French port
    A cargoship disabled by fire has been towed into port in France. The blaze on the 6,000-dwt Cathy Jo (built 2008) was controlled by crew on Sunday off Brest. Its engine room was disabled by the fire, Ouest-France reported. No injuries were reported. French authorities confirmed the blaze was extinguished. The vessel is listed as operated by Corrib Ship Management for Wagenborg. Corrib has b
  • Braemar Shipping Services strikes technical deal with Aqualis
    Braemar Shipping Services will become the major shareholder in offshore and renewable energy consultancy Aqualis following a deal which sees the London-listed group offload three of its four technical businesses. New Braemar Shipping Services chairman is 'best thing for the mix' Kidwell sights two key hurdles to clear path for investors Technical trouble draws profit warning from Braemar Shippi
  • Wartsila: crew may be to blame for tanker fire
    Finnish technology group Wartsila has denied its repairs were responsible for a fire in the engine room of a US tanker. The company is being sued for negligence and breach of contract and warranty over a blaze on the 21,600-dwt molten sulphur carrier Sulphur Enterprise (built 1994) near Galveston last May. Savage and underwriters sue Wartsila over tanker fire A suit filed at the southern distri
  • Two Saudi tankers among those attacked off Fujairah
    Energy minister says vessels suffered 'significant damage' to their superstructures.
  • Houston Ship Channel reopened following collision
    Incident involving K Line VLGC is the fifth in as many years prompting calls for better safety.
  • India's last pilgrim ship gets the chop
    SCI-managed passenger-cargo ship Akbar is heading to Alang for recycling after a career spanning 48 years.
  • UAE alleges 'sabotage' to four commercial ships
    Incident comes just hours after US warns of increased threat to its ships from Iran.
  • TCC scores Trafigura and BP VLCC time charters
    Hong Kong's Tai Chong Cheang (TCC) Group has secured time-charter deals for all three of its VLCCs with international charterers. Falling prices tempt TCC to ink VLCC orders Shipbrokers said Trafigura had fixed the 305,000-dwt KHK Vision (built 2007) for 18 months at $29,500 per day. Also in an off-market deal, BP appears to have taken TCC's 314,000-dwt KHK Empress and KHK Majesty (both bui
  • Keppel secures Orsted offshore wind farm contract
    Singapore yard group wins its second renewables sector deal in less than a week.

American Shipperweb site
MAY 13, 2019
  • USTR to start tariff process for remaining goods from China
    If implemented, the tariffs will affect approximately $300 billion worth of goods from China in yearly import value.
  • Tariff hikes add 'insult to injury' for soybean farmers
    Soybean farmers along the Mississippi River have dealt with historic flooding this year.
  • Houston channel reopens after tanker, tug collision
    One-way ship and two-way barge traffic was restored Sunday in the wake of the collision that spilled about 9,000 barrels of gasoline blend stock into the waterway.
  • IMO looking at ways to further reduce shipping emissions
    Reducing greenhouse gases is a key agenda item as the Marine Environment Protection Committee meets this week in London.
  • OFAC raises Venezuelan oil transport enforcement
    The Treasury Department's Office of Foreign Assets Control on Friday sanctioned two more shipping companies and their tankers for transporting Venezuelan oil to Cuba.
  • Illinois lock closures start this summer
  • Executive Moves: CALSTART, Dualog, KCS
  • ILWU authorizes strike in British Columbia
  • BIS adds 12 to Entity List
  • Descartes acquires Core Transport Technologies
  • FMC reviews 15 OTI license applications

The Bunker Bulletinweb site
MAY 13, 2019
  • Istanbul MGO supplies tight on shipping delays
    Marine gasoil supplies in the Istanbul bunker market are tight.
  • JXTG replaces Iran oil with Saudi's among others, ready to supply IMO compliant fuel by Oct
    Japan's largest refiner JXTG Nippon Oil & Energy is replacing Iranian oil with incremental supplies from Saudi Arabia among others.
  • Oil follows equities lower as China responds with tariff retaliation
    Crude futures turned bearish Monday, pulling off their intraday highs.
  • IMO chief urges shipping industry collaboration on emissions reduction
  • TRADER NOTE: BIMCO appoints Elena Tassioula as manager for Athens office
    Tassioula will start in June in her new role.
  • Dubai crude structure hits fresh high amid tighter sour crude complex
    "There is very good demand this month. You will see over OSP plus $1/b [for Murban and Das Blend] soon," one sour crude trader said.

›››File
FROM THE HOME PAGE
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
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
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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