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May 15, 2019
Sched Netweb site
  • Vancouver dockers hold strike vote, but allow talks to continue
  • Best ever April for San Pedro ports, but only empties made real gains
  • Singapore April container throughput up 2.4pc to 2.99 million TEU
  • Port of Oakland reports busiest April in its 92-year history
  • China's April exports fall dramatically while imports rise slightly
  • China backtracks on US trade deal commitments, American tariffs hit back
  • Rotterdam throughput up 7pc to 3.7 million TEU in first quarter
  • Hamburg volumes dip as other HHLA box terminals enjoy strong Q1
  • DHL quarterly profit soars 28.1pc to US$1.34 billion as sales rise 4.1pc
  • Panalpina elects Thomas Kern chairman ahead of expected DSV merger
  • Hong Kong's Hutchison, Maersk's APMT stuff Barcelona with new cranes
  • Hutchison Ports hits 1.3 billion TEU milestone on its 50th anniversary
  • Vancouver Vanterm invests US$119 million to reach 1 million TEU
  • Emirates' cargo revenue up 5.6pc to US$3.6 billion as volume rise 1.4pc
  • IAG Cargo Q1 revenue falls to US$308.9 million, blames weak market
  • Etihad adds Abu Dhabi, Singapore, Ho Chi Minh City to B777F run

Exim Indiaweb site
MAY 14, 2019
  • CMA CGM launches ADRINAF, first direct service between Adriatic Sea & Algeria
  • Dry Bulk market trends
  • HMM to join Digital Container Shipping Association
  • International project to reduce greenhouse gas emissions from shipping launched
  • Schulte Group launches dedicated venture capital unit for maritime startups
  • TT Club presenting a way forward in search for a safer supply chain
  • Yang Ming's volume & revenue up in Q1
  • Sugar export surges to 21.29 lakh tonnes this year, says AISTA
  • India's 1st export shipment for Afghanistan through Iran arrives at Chabahar Port
  • GST & e-way bill helping trucks to cover 10-15 pc more distance in a day
  • Schenker India set to double its warehousing capacity by 2022
  • India's thermal coal purchases expected to rise to a record this year
  • Manufacturing sector looking up as capacity utilisation rose to 80 pc in Q4: FICCI
  • US agrees to extend GSP benefits till new govt is formed

International Transport Journalweb site
  • LNG sees itself at the top of the class
  • Belarus and Georgia forge closer ties with China
  • Take-over expands logistics services in Australia
  • DP DHL Group grows revenue and earnings in Q1
  • Dualog appoints new sales manager for Greek market
  • Arkas Line/Hapag-Lloyd VSA starts operations
  • Boeing's big cargo drone makes first outdoor flight
  • Descartes acquires Core transport technologies
  • Laude Smart Intermodal buys four dragon locomotives
  • Nunner Logistics takes over 4PL provider Caroz
  • New mega ro-ro vessels to run on LNG
  • Fresh news for flying fish from Norway to China
  • Agility achieves targets
  • LDZ privatisation promoted by false valuation?
  • "Curiosity of the Day"
  • Brockmann moves from Coli to AAL Shipping
  • Strong April for the port of Long Beach
  • European airports lose cargo volumes in Q1

The Loadstarweb site
MAY 14, 2019
  • Drought forces Panama Canal draught restrictions and pushes up rates
  • IMO 2020 angst for carriers, and it's not just about the cost
  • Five more major container carriers join DCSA push for standardised digitisation
  • The implications of data protection regulations for logistics operators
  • Oslo Airport operator backs out of plan to build new seafood centre
  • How logistics is proving that Amazon needs to be regulated
  • Four new appointments across MSC commercial and customer service units
  • Market Insight: Why nervous Kuehne + Nagel is in the midst of an existential crisis
  • Software specialist E2open acquires Amber Road for $425m
  • Supply chain radar: DSV's bumpy road to glory - the emperor has no clothes

Marine Logweb site
MAY 14, 2019
  • Gulf Island delivers third Z-Tech tug in series
    Gulf Island Fabrication, Inc. reports that its Shipyard Division has successfully delivered the M/V Connolly M, a Z-Tech 30-80 Terminal/Escort Tug to Bay Houston Towing Company. The M/V Connelly M was designed
  • Houston Ship Channel reopens as spill response continues
    The Houston Ship Channel has been reopened following the closure that followed the May 10 collision between the 755-foot tanker Genesis River and barges pushed by the Kirby tug Voyager that resulted
  • Sea Machines partners with Hike Metal on autonomous SAR
    Boston, Mass, based Sea Machines Robotics is partnering with Canadian workboat manufacturer Hike Metal to integrate Sea Machines' SM300 autonomous vessel control system aboard commercial vessels tasked with search-and-rescue (SAR) missions. Once
  • Hurtigruten introduces electric explorer catamarans
    Expedition cruise specialist Hurtigruten has partnered with Norwegian startup Brim Explorer to introduce battery powered catamarans custom built for Polar water exploration. Beginning in the spring of 2020, a 24 m x

Lloyd's Listweb site
MAY 14, 2019
  • Minerva orders fifth LNG carrier
    Industry sources say Greek owner added a ship at Samsung recently while MOL is touted as the owner behind this...
  • Shipping security tightens as investigations probe Iran links to tanker attacks
    Photographs emerge confirming initial reports that little damage was done to the four vessels
  • Production begins at Cameron LNG
    Louisiana export facility will begin loading cargoes in the coming weeks
  • IMO baulks at mandatory bunker licensing schemes
    Governments shun mandatory national bunker licensing schemes as lobbyists fail to persuade them to impose mandatory rules
  • US sanctions paralyse Iran oil exports
    The dramatic slide in shipments seen leaving Iran this month is unprecedented and underscores that steps are being taken to...
  • UK maritime sector commits to recruiting more women
    Maritime UK chairman Harry Theochari acknowledged the challenges of attaining the gender balance that many companies aspire to achieve in...
  • Are coal trades facing the blues?
    Shipments from the US also expected to decline, especially of thermal coal, according to Doyle Trading Consultants
  • COSL to build 12 dual-fuel PSVs at China yard
    COSL sees that an increasing number of ships will be built for use with LNG fuel, and its initial order...
  • Time to put 'scrapping' on the scrap heap?
    New regulations are forcing facilities to act and standards are slowly improving, says Elin Beate Saltkjel, head of QA at Grieg...
  • China's trade conditions seen as worsening in the second half
    Container lines have been seen making some adjustments in their networks in recent months
  • Dry bulk shipping safe from Chinese tariffs for now
    Following the most recent trade talks between China's apparatchiks and the White House trade team, China's decision to increase tariffs on...
  • Poor liner reliability opens a window of opportunity for those who get it right
    There is huge opportunity for an alliance that can try to be the top performer among the global top 15...
  • Quality carrier services require customer commitment
    Lines look to differentiate on service quality rather than costs to improve schedule reliability
  • Schulte Group launches start-up unit focused on Europe and Asia
    Schulte Group unit founded to support early-stage ventures, typically pre-revenue companies at the idea or prototype stage
  • Torm commits to 13 more scrubber retrofits
    The company agreed the sale of two ageing medium range tankers in the first quarter, leaving it with 69 vessels...
  • Container shipping faces wave of disruption
    The impact on container shipping from digitalisation will hinge on the the extent to which digital disruptors will be able...
  • Dynamic pricing could save box shipping from a 'Ryanair' future
    Customer segmentation offers opportunities to lift earnings from customers willing to pay more
  • Daily Briefing
    Tanker 'sabotage' off UAE puts shipping on alert | Shippers call for bunker bill clarity | Low-sulphur quality concerns still...
  • Canada's LNG project developer buying out gas producer
    Pacific Oil & Gas, which is developing the 2.1m tonnes per annum Woodfibre LNG export project, has signed definitive agreements to...
  • LNG-related stocks take a hit from China's latest tariff rises
    Chinese LNG buyers have already started diverting US-origin cargoes since last September

The Journal of Commerceweb site
MAY 14, 2019
  • NY-NJ port handling larger ships with bigger payloads
  • US moves closer to teenage trucker pilot
  • Forwarders hold defense to digital upstarts
  • EU regulator raises concerns over state shipping subsidies
  • EU: Common low-sulfur BAF would be collusion
  • India progresses on port portal after rocky rollout
  • Trucker bankruptcies reveal perils for carriers, shippers
  • Container data standards effort builds with new carriers joining
  • Amber Road expands E2open global trade reach amid tensions

TradeWindsweb site
MAY 14, 2019
  • Nordic American Tankers posts best results in years
    Nordic American Tankers is trumpeting its best quarterly performance in nearly three years, with even better days in store. The Herbjorn Hansson-led company posted a $5.6m profit for the first three months of 2019 a $25.3m improvement over the same period last year and its best, the company said, since the second quarter of 2016. New loan's 'cash sweep' could limit dividends for Nordic American
  • Diana Shipping gets boost from improved tender offer
    New York-listed bulker player raises share price to $3.40.
  • Product tanker Babylon back under the hammer in Asia
    One of two Coastal Oil handysize product tankers that failed to sell at auction in April will be back on the auction block at the end of this month. The Sheriff of Singapore's office will conduct another auction for the 24,200-dwt Babylon (built 2017) on 27 May via a sealed tender process, with offers on the ship due in at 3pm on the day. The Babylon, together with identical sistership Atalanta
  • Taylor Maritime stays true to secondhand bulk carriers
    Buttery says it is possible to earn good returns with older bulkers provided you have the know-how
  • AVIC International Leasing emerges as financier for five Navios product tankers
    Chinese state lessor continues expansion pace as its business is not affected by the planned sale of group shipbuilding
  • Navigator Holdings hypes 2020 with projects coming on line
    Navigator Holdings is already looking ahead to next year. A number of one-off incidents worldwide pushed the New York-listed company into the red for the first quarter, but chief executive David Butters said other projects identified on the company's "road to 2020" are humming along. "We believe in the milestones we identified on that road to 2020 remain achievable and essentially on our origina
  • Latest scrubber play gives Torm full hand for IMO 2020
    Torm now has the hand it wanted to play in the IMO 2020 tanker upcycle after doubling its investment in scrubber technology today, according to executive director Jacob Meldgaard. The Danish product tanker owner this morning revealed it would now fit the equipment on 34 of its tankers, with all bar two having the kit on board by the start of next year. "We are now where we would like to be ahead
  • Diamond S could expand scrubber total
    Craig Stevenson fields his first public conference call in 12 years with IMO 2020 questions and explanation of repositioning costs on MR fleet.
  • UK Club reports $32m loss
    P&I mutual's balance sheet hit by expensive claims
  • Diana Shipping extends tender offer at higher price
    Simeon Palios-led bulker owner in April offered to buy back 3.13 million shares.
  • Cosco International boosted by bulker charter
    Cosco Shipping International's marine revenue grew in the first quarter thanks to an additional bulker in operation. The Singapore-listed owner chartered in an extra ship in the period, pushing revenue up 14% from SGD 3.6m ($2.59m) to SGD 4.1m. Group net profit was SGD 2.94m, up from SGD 2.87bn in 2018, but overall revenue declined to SGD 39.01m from SGD 40.64m. However, charter rates were lowe
  • Germany's 'bad bank' turns a corner with first positive result
    Portfoliomanagement releases in-the-black results but warns that winding down of non-performing shipping loans will continue for years to come
  • Roose & Partners calls for quick release of Yantian Express cargo
    Law firm wants all parties to work together to deliver salvaged cargo from fire-ravaged containership
  • Libya's NOC opens office in US for $60bn push
    Libya's National Oil Corporation (NOC) has opened its first international headquarters in Houston. The office is planning to lead a $60bn procurement drive to upgrade Libya's oil and gas sector and increase production capacity to 2.1m barrels per day by 2023. NOC chairman Mustafa Sanalla said: "This is NOC's first international office - a major milestone in our journey as an NOC responsible for
  • Yang Ming cuts back loss to $22m
    Taiwanese container line Yang Ming Marine Transport has slashed its first quarter loss as revenue rose. It said the net deficit to 31 March was TWD 0.68bn ($22.06m), down from TWD 1.95bn in 2018. Yang Ming seals deal for boxship quartet with Shoei Kisen The owner's ships carried 1.29m teu in the period, up 5% year-on-year. Revenue increased 13% to TWD 35.08bn. The improvement came despite the
  • Maxim Group second US bank in six weeks to cut shipping coverage
    A second investment bank has parted ways with its shipping analyst and apparently dropped coverage of the sector in a climate of scarce deals and struggling shares. The Maxim Group has let go analyst James Jang just weeks after Seaport Global Securities split with Houston-based analyst Magnus Fyhr, sources told TradeWinds. Jang had been writing research notes on companies including DHT Holdings,
  • Solomon Trader refloated after three months
    Salvage workers have managed to refloat an ageing bulker that has been aground close to a Unesco World Heritage site for more than two months. The 74,000-dwt Solomon Trader (built 1994), partially loaded with 11,000 tonnes of bauxite, got stuck in the Solomon Islands' Rennell Bay in February this year after being caught up in a storm. Authorities draw up plans to refloat sorry Solomon Trader Th
  • Ship Finance International eyes new bonds
    John Fredriksen shipowning company Ship Finance International is going on the road to test support for a new bond issue. It has brought in DNB Markets, Nordea, SEB and Arctic Securities to arrange a series of fixed-income investor meetings in the Nordic countries from 22 May. A five-year Norwegian unsecured bond may follow, subject to market conditions, it said. Last August, the company secured
  • VSM boss Luken slams Chinese state support for yards
    Chinese state aid to shipyards has come under fire in Germany for "distorting" the market. Speaking at its annual meeting, German Shipbuilding and Ocean Industries Association (VSM) general manager Reinhard Luken said Asian competitors are aiming to penetrate the high-tech shipbuilding market. "It is a sign of realism that the discussion has shifted from focusing only on the opportunities offere
  • Fiba Group exits shipping as it sells final MR tanker
    Hong Kong-based owner Island Navigation pays $26m-plus to Turkish billionaire for 50,000-dwt vessel
  • How New Shore aims to revive Germany's retail space
    An online crowdfunding venture is targeting a new generation of investors with a 'warts and all' pitch
  • 28 people to remain on quarantined Scientology ship
    A group of passengers and crew have been ordered to stay on a Church of Scientology cruiseship on which a case of measles was discovered. Scientology cruiseship quarantined after measles case The 9,800-gt Freewinds (built 1968) was originally quarantined in St Lucia at the start of May. It was later released to head to its home port of Curacao and arrived there a week ago. Authorities there sa
  • Eidesvik vessel to spend summer in the North Sea
    Eidesvik Offshore has won a letter of award to supply a source vessel to ocean-bottom seismic technology firm Magseis Fairfield this summer. The 93-metre survey vessel Veritas Viking (built 1998) will be employed for two to three months on an upcoming ocean-bottom survey at an undisclosed location in the North Sea . Eidesvik continues cooperation with Seabed Geosolutions The contract commences
  • Gulf Navigation slips into the red
    Dubai tanker owner Gulf Navigation has fallen to a loss as costs rose faster than revenue in the first quarter. The company said the net deficit was AED 11m ($2.99m) to 31 March, compared to a profit of AED 4.9m in 2018. Revenue increased to AED 45m from AED 37.6m, but operating expenses jumped to AED 41.8m against AED 27.5m. In early December, UAE-based Goldilocks Investment Company acquired
  • Danish shipowner Torm doubles scrubber investment to span half of its tanker fleet
    Danish product tanker owner Torm has doubled its investment in scrubbers having ridden a recovering market to record its best quarterly results in three years. Torm says tanker market is set for 'multi-year' upward cycle Product tanker capital of the world shows clockwork growth Torm extends scrubber plan as it inks new joint venture Torm shows 2020 hand with scrubbers set for all newbuildings
  • Q-Flex LNG carrier makes historic transit of Panama Canal
    Largest LNG carrier to date uses the expanded waterway, opening trade potential for all but the largest vessels in Q-ship fleet
  • Eidesvik continues cooperation with Seabed Geosolutions
    Eidesvik Offshore has signed a deal to supply Seabed Geosolutions with seismic source and node-handling vessels over a "long-term" period. The two have agreed a master timecharter agreement, under which individual contracts will be called off, the shipowner said on Monday. Eidesvik details two-tier PSV market Eidesvik: no subsea recovery until 2020 Under the first call-off agreement, Eidesvik
  • Marinakis aframax tanker newbuildings set for ExxonMobil time charters
    Greek shipowner Evangelos Marinakis is set to secure long-term time charters for two aframax tanker newbuildings on order in South Korea. The deal, which is believed to remain on subjects, is the latest evidence of charterers paying a premium for scrubber-fitted tankers with IMO 2020 rules set to arrive. Price of Marinakis' aframax duo emerges Evangelos Marinakis marks S&P scorecard with profit
  • Dramatic turnaround for Namura Shipbuilding
    Japan's Namura Shipbuilding is expecting a much better annual result than previously forecast. It said net earnings for the year ended 31 March will now be around JPY 621m ($5.65m), against a forecast loss of JPY 500m before. Namura posted a loss of JPY 20.55bn in the previous 12 months. Revenue is expected to be JPY 124.58bn, down from an actual income of JPY 134.88bn a year earlier
  • Splosna Plovba fleet shrinks with sale of bulker pair
    Greek dry debutant strikes second deal in as many months to snap up sistership from shipowning arm of Shin Kurushima Dockyard
  • KN Maritime sells second ultramax to Neptune Dry
    Greek dry debutant strikes second deal in as many months to snap up sistership from shipowning arm of Shin Kurushima Dockyard
  • UK Supreme Court's shipping shortfall angers its legal sector
    Country seen at risk of losing its edge with lack of commercial experience on the bench

American Shipperweb site
MAY 14, 2019
  • USTR releases notice for $300 billion in additional China tariffs
    Sen. Chuck Grassley said Americans "need to know" the Trump administration understands the economic pain they would feel in a prolonged trade war.
  • WCI lays out ways to update inland waterways
    Waterways Council Inc. President and CEO Mike Toohey says "the Corps of Engineers-maintained lock system would qualify for Social Security if there were such eligibility."
  • Port of Oakland will continue talks on waterfront ballpark
    Commissioners voted 7-0 in favor of continuing negotiations with the Oakland Athletics for the lease of Howard Terminal as the site for a new baseball stadium.
  • More carriers join Digital Container Shipping Association
  • First Q-Flex LNG tanker transits Panama Canal
  • Register for Thursday's trade compliance webinar
  • Yang Ming reports higher revenue, smaller loss in Q1
  • Executive Moves: Glander, Gibbs & Cox, Boxzooka
  • FMCSA seeks public input on younger CMV drivers
  • Walmart dives into next-day delivery
  • E2open to buy Amber Road for $425 million
  • APL adds second Hawaii service

The Bunker Bulletinweb site
MAY 14, 2019
  • Istanbul bunker market short of marine gasoil
    Marine gasoil is in short supply at the port of Istanbul in Turkey due to the delayed arrival of replenishment cargoes.
  • Singapore's defense minister flags concerns on maritime security threats
    Global maritime threats are persisting Singapore's defense minister Ng Eng Hen said Tuesday.
  • Japan sees no immediate impact on Mideast crude imports after 'sabotage attack': METI minister
    Japan does not see immediate impact on its crude imports from the Middle East.
  • Attacks on Mideast infrastructure lift oil prices
    Crude futures settled higher Tuesday.
  • Ship sabotage in UAE has muted impact on Fujairah bunker operations: sources
    "There is no concern about availability so far," a bunker trader in the region said.
  • TRADER NOTE: Glander appoints David Chiang as bunker risk manager
    "More clients consider hedging as a bunker requirement to mitigate risks from an expected volatile market," Carsten Ladekjaer, company CEO, said.
  • Shell conducts 19 successful VLSFO trials with shipowners as IMO 2020 looms
    Shell Shipping & Maritime has also carried out a successful trial of the new fuel on one of its own vessels, Henderson said.
  • Germany's Uniper aims to boost LSFO spot sales as traders eye storage play
    "We see demand increasing significantly, both in the 0.1% market, and now we are having active conversations on the 0.5% market for delivery through the end of the year," Wood said.
  • Ship operator Thome confirms 'sustained hull damage' to oil tanker off Fujairah Sun
    "The master of MT Andrea Victory reported the crew were unharmed but there was a hole in the hull area of the aft peak tank," Thome said.
  • UK War Risks Club says investigating Fujairah ship sabotage incident
    "If a change to the current designated Additional Premium areas is to be made then this would be made with seven days' notice to shipowners," Whitear said.
  • Ship sabotage in UAE adds to Gulf oil supply risks
    "The precise means of attack or sabotage is unknown," the US Maritime Administration alerted.

›››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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