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Independent journal on economy and transport policy
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BRIEFS
May 16, 2019
Sched Netweb site
  • OOCL launches two new Asia-South America east coast Caribbean loops
  • APL adds Honolulu to boost its Eagle Express X (EXX) service
  • China Merchants' Colombo port commissions new quality hazmat yard
  • IMO now seeks new ways to impose further shipping emission reductions
  • Partial reopening of Houston Ship Channel after tanker, tug collision
  • Major box ship lessor Danaos Q1 profit soars 37.9pc, revenues up 0.9pc
  • CMA CGM cancels port congestion surcharge for Kuwait's Shuwaikh
  • Huawei CFO seeks to quash US extradition, citing Trump comments
  • Agility quarterly profits up 7.3pc to US$66.7 million, revenues rise 1.9pc
  • Malaysia respects Thai decision to check Kra Canal project feasibility
  • Melbourne Q1 boxes up 1.09pc, leading otherwise flat Aussie result
  • ICTSI net profit soars 77pc to US$72 million as volume rises 7pc
  • HNA's Swissport profit up 24pc to US$306.4 million as sales rise 6.7pc
  • Antonov Airlines joins Bollore getting relief to cyclone-hit Mozambique
  • DB Schenker renews agreement with CHAMP Cargosystems

Exim Indiaweb site
MAY 15, 2019
  • Sadan Kaptanoglu elected President of BIMCO
  • Coastal bulk freight index of China surges in April
  • More lines keen on enabling digital standardisation in container shipping industry
  • Cancellation of port congestion surcharge at Shuwaikh, Kuwait
  • PSA India showcases its terminals at Hyderabad trade meet
  • Rotterdam & Guangzhou ports to share expertise & best practices
  • Cogoport adds new product in major boost for Indian importers
  • Automatic GST refund for exporters expected from June
  • India extends deadline to impose retaliatory import tariffs on 29 US products till June 16

International Transport Journalweb site
  • USA: Go-ahead for Uinta Basin Railway in Utah
  • Leasing business augmented by railcar repair branch
  • Tigers to be logistics partner for K&N Filters in China
  • MIA wins five Naco awards
  • Schulte Group introduces Innoport
  • Latam Cargo for Mother's Day
  • Extending Russia's broad gauge railway to Turkey?
  • Gefco testing Duotrailer
  • Too much fish for Oslo airport?
  • Imperial Logistics holds first ever safety week
  • Cargotec picks start-ups as partners
  • SBB Cargo introduces automatic coupling
  • Strong growth in France
  • "Curiosity of the Day"
  • Emirates "Equine" helps 100 horses make big jumps
  • Ansgar Brockmeyer is Stadler's new sales manager
  • APL goes for the Sandwich Islands

The Loadstarweb site
MAY 15, 2019
  • Singapore's sovereign wealth fund, Temasek, rescues debt-laden carrier PIL
  • PeP failures were of our own making - now we go forward, says DP-DHL's Appel
  • As China-US trade spat heats up, transpacific container trades will suffer
  • $1.5bn Amazon Air freight hub breaks ground, but the pilots have misgivings
  • An improved first quarter for HMM this year, but rising costs still the challenge
  • Bright ideas meet the #NextGen air freight innovation challenge
  • Supply chain radar: Is bellwether Kuehne + Nagel losing its mojo?
  • Mahindra Logistics looking for buys in freight forwarding space
  • Trump's new trade war tariffs: 'This will kill my US market'
  • Supply chain radar: Yang Ming's growth accelerates, losses narrow, but those cash flows...

Marine Logweb site
MAY 15, 2019
  • Mitsubishi Shipbuilding christens next-gen LNG carrier
    Mitsubishi Shipbuilding's Nagasaki, Japan, Shipyard & Machinery Works yesterday held a christening ceremony for a next-generation LNG carrier that will serve the Freeport, Texas, LNG project. Named Bushu Maru, the vessel is
  • Helsinki Shipyard: New name, different Russian ownership
    Finland's Archtech Helsinki Shipyard is to get a new ownership and a new name. The yard's efforts to win new orders have been severely hampered by the fact that it is currently
  • MAN inks service deal covering 111 dry bulkers
    MAN Energy Solutions has signed a service agreement covering 111 bulkers owned by Hong Kong headquartered Pacific Basin Shipping. The contract will be managed by MAN PrimeServ from Hong Kong in close
  • NASSCO lays keel for T-AO 205
    The keel for the future USNS John Lewis (T-AO 205), the Navy's first John Lewis-class fleet replenishment oiler, was ceremonially laid at General Dynamics-National Steel and Shipbuilding Company, San Diego, May 13.
  • New marine louvered panel has integrated damper
    Passive airflow through a louvered panel is a common way to maintain adequate airflow to an engine room or machinery space. But there are times, such as during heavy weather or a
  • Alfa Laval inaugurates PureSOx training center
    Alfa Laval has inaugurated a PureSOx training center in Shanghai, China, featuring a full-size PureSOx exhaust gas scrubber. Though it will be focused on the training of commissioning engineers, it will also
  • MAN Engines offers IMO Tier III compliant workboat engines
    MAN Engines - a business unit of MAN Truck & Bus - is now offering 12-cylinder workboat engines meeting IMO Tier III emission standards. Spanning a power range from 551 kW to

Lloyd's Listweb site
MAY 15, 2019
  • How to decarbonise shipping
    Sidestepping the political hurdles in favour of setting out a pragmatic roadmap, what does a decarbonisation plan look like for...
  • Epic Gas cuts net loss and announces board change
    With an expected market improvement going forward, the company has chartered-in two vessels following a letter of intent to buy...
  • IMO talks confront emissions measures challenge
    MEPC negotiations on GHG emissions measures showcase challenge in getting started
  • Time to step back from Tanker War Two
    Important details are missing from our account of the Saudi tanker attacks, but shipping should now be on guard against...
  • How to decarbonise shipping
    Sidestepping the political hurdles in favour of setting out a pragmatic roadmap, what does a decarbonisation plan look like for...
  • Higher rates push NAT to quarterly profit
    NAT expects to benefit from refinery adjustments taking place this year
  • West African ports slow on the low-sulphur uptake
    With a lack of low-sulphur bunkering available to carriers, they will be forced to bunker elsewhere, says consultant Dr Natalie...
  • Beazley launches marine cyber insurance product
    Physical damage and loss of hire insurance cover are being offered to the shipping industry by a new product produced...
  • Avance Gas refinances debt as losses mount
    Oslo-based company expects higher freight rates for the rest of the year due to stronger export volumes from the US...
  • Iran's crude production to tumble to 30-year low, says IEA
    For May, early tracking shows loadings plunging to around 475,000 barrels per day, but the final destinations are not yet...
  • Thoresen Shipping warns of downside risks amid the optimism
    However, exceptional factors such as the decline in the global grain trade affected by the continuing US-China trade dispute and...
  • Zhuhai Port Co targets $145m in shares sale
    ZPC's state-owned parent Zhuhai Port Group has subscribed to 51% of the new offering
  • UK Club hints at rate rise after $32m loss
    'Premium rates are at historically low levels and the 114% combined ratio is above the club's acceptable range,' says statement...
  • Gard and Britannia in the red as surplus falls sharply at Skuld
    'Our industry is typified by volatility and cyclical behaviour and it is not unexpected that there are years in which...
  • Consortia block exemption lobby sees little market concentration in liner shipping
    Container shipping lobbyists are hitting back at the argument that their industry lacks unique characteristics that justify an exemption from...
  • Daily Briefing
    Shipping security tightens as investigations probe Iran links to tanker attacks | Sanctions paralyse Iran oil exports | IMO balks...
  • Enesel and Minerva place tanker orders with Daehan
    The latest deals bring Enesel's series of orders level with that of Angelicoussis tanker arm Maran Tankers that has also...
  • Yang Ming narrows first-quarter loss
    Yang Ming says its operating costs have been swollen by bunker prices in the period that jumped by 11% year...
  • Californians push back against Trump's plans to boost oil exports
    The trade war with China has done nothing to lower US exports of petroleum as rising demand comes from India...

The Journal of Commerceweb site
MAY 15, 2019
  • Despite trade friction, expansion continues at Port of Mobile
  • JNPT dispute over inter-terminal rail escalates
  • LA's Fenix terminal closes after dockworker death
  • Global TMS software streamlining track-and-trace
  • Falling ECSA-Asia spot rates puts shippers on notice
  • New tariffs and threats cast shadow on trans-Pacific
  • HMM, Yang Ming narrow losses on higher volume
  • Prince Rupert port plans to quadruple capacity
  • YRC looks to regain volume lost during Teamster talks
  • Wilmington port speeds up infrastructure projects

TradeWindsweb site
MAY 15, 2019
  • MOL ups LNG carrier tally at DSME to three
    Japanese shipowner MOL has declared an option for an LNG carrier newbuilding at DSME in South Korea, bringing its total haul at the yard to three. DSME bags order for LNG carrier newbuilding This week, DSME announced it had secured an order for an LNG newbuilding for delivery in the second half of 2021, without disclosing the name of the contracting party. MOL's account Industry sources follow
  • Formosa Plastics Marine drawn to stainless-steel chemical tankers
    Taiwanese owner approaches shipyards in South Korea and Japan for newbuildings
  • Industry faces remember 'visionary' and 'innovator' Eisbrenner
    Shipping industry names who knew NextDecade founder and LNG regasification innovator Kathleen Eisbrenner have been remembering and detailing her contribution to the business following the news of her death last week. Eisbrenner's family said in an obituary that the 58-year-old had died on 9 May after suffering a "devastating head injury" from a fall in her home. Those in the industry who met Eis
  • Barges in tanker clash taken from Houston Ship Channel
    The waterway is now fully operating without restrictions, officials said.
  • Worker dies in accident at Port of Los Angeles
    The incident, which caused serious injury to another worker, happened at Fenix Marine Services.
  • After positive Q1, Nordic American Tankers shares soar
    Nordic American Tankers shares are up big after its first quarter results beat analyst expectations. The Herbjorn Hansson-led shipowner was trading up more than 16%, or $0.36, to $2.56 in midday trading Wednesday after it reported $5.6m in profit for the first tree months of 2019 after the close Tuesday. Nordic American Tankers posts best results in years The performance was good for $0.04 earn
  • Shipowners unfazed by Trump tariff hike
    China will send their factories to other countries if trade war continues, according to boxship player Global Ship Lease.
  • Pangaea stays in black despite tough quarter
    Rhode Island-based niche player says contracts-heavy approach helped it outperform general market despite headwinds.
  • Sovcomflot posts big first-quarter profit as tanker market recovers
    Sovcomflot is back in the black for the first quarter thanks to an upswing in the company's tanker business. The Russian state shipowner posted $70.1m in profit for the three months of 2019, a marked improvement over the $16.1m loss reported for the same period last year. Novatek advances Arctic LNG 2 project before taking FID Sovcomflot seals newbuilding financing with new loan Sovcomflot, a
  • DFDS plans unsecured offering to refinance maturing bonds
    DFDS is considering a new bond issue that would refinance its existing DKK bonds, which are set to mature in June. The company intends "in the near future" to issue new DKK- and/or NOK-denominated senior unsecured bonds with an expected maturity of five years. The issuance is part of the "continuous pursuit of improving the financing cost of DFDS", a release said on Wednesday. DFDS posts profit
  • Epic Gas plots purchase of larger vessels backed by BW Group 'halo' effect
    Epic Gas is eyeing up further growth opportunities in the larger pressurized LPG segment as it looks to extend expansion efforts under the 'halo' of the BW Group. Epic has boosted its fleet by 23% in capacity terms with the $106.5m addition of four vessels and time charters for two modern ships this year. Andreas Sohmen-Pao takes the chair at Epic Gas as loss cut Epic Gas opens book on $60m eq
  • All paths lead back to Norway for growth, says Horizon Maritime
    COO said growth in the North Sea only part of the reason why the Canadian firm opened Aalesund office
  • Portline bulker's oily water separator 'just for show'
    Portuguese owner Portline Bulk International has been fined in a US pollution case after crew admitted a bulker's oily water separator (OWS) was "just for show." Portline has agreed to pay $1.5m after it admitted in a plea deal that engineers on the 51,000-dwt Achilleus (built 2001) had falsified entries in a record book used to track the disposal of bilge water, the Post and Courier reported. d
  • Yang Ming Marine eyes $193m bond to repay debt
    Taiwanese container line plans bond sales for debt repayment as business environments remain volatile amid US-China trade tension.
  • Landbridge seals long-term charter with Trafigura
    Chinese industrial company Landbridge Group is extending its cooperation with Western partners by locking one of its VLCCs into a time charter with trader Trafigura for up to five years. European brokers said the Geneva-headquartered trader has fixed the 308,000-dwt Landbridge Glory (built 2019) for three years at $36,500 per day, with options to extend at undisclosed rates. The charter is in
  • Pipe-layer owner turns to US courts to free arrested vessel
    The owner of an arrested pipe-layer is taking legal action in the US to free the ship and recoup millions of dollars in damages before a Nigerian company can have it auctioned off in Ghana. Wartsila: crew may be to blame for tanker fire Second Gourdomichalis bulker seized in ship abandonment case Dallas-based WAG SPV I and New York lender Hark Capital allege Fortune Global Shipping & Logistics
  • Environmentalists call for scrubber moratorium
    Numerous groups, including Stand.earth and WWF, send letter to IMO in light of Carnival Corp scrubber violations
  • One dead and five injured in blast at breakers
    One worker has died and another five were injured in an explosion at a ship recycling yard in Bangladesh. Worker killed in Bangladesh yard blast The accident happened on Wednesday at Premier Trade Corporation and Mahinur Ship Recycling in Sitakunda, the UNB news agency said. Watch footage of the incident here Cutter Mohamamd Rubel was pronounced dead at hospital. A police official said the si
  • Transocean expands loan facility to $1.36bn
    New York-listed drillship owner Transocean has expanded a loan facility to $1.36bn. The Swiss-based company said it has built the revolver from $1bn when it was arranged last year. It can also add another $500m. The facility matures in July, 2023. An additional $140m remains available under its accordion provision. Transocean has a fleet of 48 mobile offshore drilling units.
  • HMM cuts loss to $89m and sees rates rising
    Korean boxship line HMM has reduced its first quarter loss as revenue rose. The operating deficit was KRW 105.7bn ($88.8m), down from KRW 170.1m a year ago. It blamed high bunker costs, the US-China trade conflict and a delay in the rate of regional recovery for the red ink. Revenue was up 18% at KRW 1.31 trillion, led by higher transport volumes and load factor. It carried 11% more containers
  • Heated US-China trade war threatens to squeeze car carrier market
    Operators will face more operational challenges and demand uncertainties, even though the absolute trade volume between China and the US is small
  • Indian owners busy in tanker charter market
    Shipping Corp of India (SCI) is finally set for decent rates on two LR2 tankers after chartering out the duo amid a flurry of new term fixtures for Indian shipowners. SCI gas carrier damaged in collision goes for repairs LNG carrier and VLCC in collision off Fujairah European brokers said the 104,900-dwt Swarna Jayanti (built 2010) is fixed by Petro Diamond for eight months at $20,500 per day,
  • Goulandris sells oldest ship to Chinese buyer
    Greece's Goulandris Bros is selling its oldest ship, an 18-year-old panamax. Oldendorff wins settlement but Bank of China fight goes on Beijing puts brakes on lucrative trade in ageing Greek bulkers The sale appears to be a renewal move for the bulker owner. European sources said the 74,000-dwt Rodon Amarandon (built 2001) has been sold to a Chinese buyer for $6.6m. Although bulker prices a
  • Gard reports first loss in 10 years, with $53m of red ink
    Gard, the world's largest dedicated marine insurer, has reported a surprise loss - its first in 10 years. Its post-tax loss for the 12 months to 20 February 2019 was $53m, compared with a $193m profit in the previous year. It earned premiums of $798m, up from $775m. Gard made an investment loss of $3m. It also recorded a technical underwriting loss, reporting a combined ratio of 110%, indicating
  • Mercuria signs EDF trio to launch London LNG desk
    Swiss-based commodities giant also eyes structured finance opportunities including funding US yards
  • Malta ratifies Hong Kong Convention
    Malta has become the 12th country to accede to the IMO's Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) as the convention today marked the 10th anniversary of its adoption. The convention requires ratification by 15 states and 40% of the world's tonnage. Malta's inclusion lifts the total so far to around 28.8% in tonnage terms. Accession to the conventio
  • Beazley launches cyber cover
    Leading marine insurer Beazley has launched a cyber product to protect owners against physical damage and loss of hire resulting from cyber attack. Marine insurers had been reluctant to provide cyber cover but such products are now growing in number. Tim Turner takes Beazley's reins from Clive Washbourn Beazley said the cover, named Cyber Defence for Marine, would help owners meet the IMO's req
  • IMO ruling on toxic coatings could cost shipowners dearly
    Owners could be forced to recoat the hulls of thousands of ships if revisions to anti-fouling convention are approved
  • Shipping brings 'hope and healing' to Africa's poorest
    Geneva ball hears how shipping and trading communities have thrown their weight behind Cargo Day fundraising
  • Klaveness Combination Carriers raises $40m for new ships
    Norway's Klaveness Combination Carriers (KCC) has completed a new stock issue that will see it bank NOK 350m ($40m). Klaveness raising cash for more combination carriers It will issue 7.36m shares at a price of NOK 47.50 each. The company was targeting a figure of between NOK 200m and NOK 400m to pay for two optional Cleanbu combination carriers at China's Jiangsu New Yangzi Shipbuilding. It ha
  • Eidesvik Offshore sees seismic boost after smaller first-quarter loss
    The offshore support shipowner said its result exceeded the expectations of both the company and its lenders.
  • PSV recovery sees profit rolling in at Standard Drilling
    Platform supply vessel (PSV) investor SD Standard Drilling has been boosted by the North Sea sector recovery in the first quarter. The Norwegian company said net earnings to 31 March were $2.98m, against $0.14m in 2018. SD Standard Drilling buys PSV at bargain-basement price It attributed this to an unrealised gain of $2.9m on the revaluation of financial assets. Revenue and EBITDA from charte
  • Turkish owner Arkas lands $800m refinancing deal
    Turkish shipowner Arkas Holding has clinched an $800m refinancing package in a deal with banks. The company said the facility was arranged by lender Yapi Kredi. Arkas, Cosco team up for reefer service The loan matures over five years with a 12-month grace period. The company said it is taking measures to strengthen its balance sheet and reduce financial costs in a time of high interest rates.
  • PSV trio reactivated after combined 11 years
    A trio of platform supply vessels (PSVs) have re-entered the buoyant North Sea spot market after a combined 11 years - 4,178 days - in layup. The moves once again demonstrate the trend for bringing units back into play as rates rise. Anchor-handlers have been booked for supply work as the PSV supply ran low in recent weeks. Anchor handlers step in as PSVs sell out in Norway Broker Westshore sai
  • Angeliki Frangou eyes up VLCC options to renew Navios Acquisition fleet
    Angeliki Frangou's Navios Maritime Acquisition is looking to the optional newbuilding slots it holds in Japan for the next stage of its VLCC fleet renewal programme. Imabari confirms four VLCC newbuildings for Navios Frangou's Navios eyes rare VLCC order at Imabari Frangou merging VLCC vehicle into Navios Acquisition New York-listed Navios has sold two veteran VLCCs this year and took its orde
  • VLGC owner Avance Gas banks $515m refinancing package
    John Fredriksen-backed Avance Gas has refinanced debt of more than $500m in a reshaping of its balance sheet that overshadowed a weak first quarter performance. Culture clash forced Christian Andersen's exit from Avance Gas Andersen replaces Andersen at head of Avance Gas Avance Gas closing in on refinancing as scrubber decision nears Christian Andersen, then president of Avance Gas, told Trad
  • DSME profit down but beats estimates
    Korean shipbuilder DSME has topped analysts' profit estimates in the first quarter, despite weaker results year-on-year. Operating earnings were KRW 199.62bn ($167.8m), compared to KRW 298.6bn a year ago. The forecast range was between KRW 66.56bn and KRW 110bn, according to Bloomberg data. Net earnings came in at KRW 195.18bn, against a range of KRW 43.17bn to KRW 86.49bn. It made KRW 226.3bn
  • Mikelis fears plurality of standards for global shiprecycling
    Consultant and Hong Kong Convention architect concerned at consequence of Alang recyclers chasing European list 'carrot'
  • Jotun records sharp increase in results for first quarter
    Jotun, the a leading producer of marine paints, has delivered strong results in the first quarter of 2019. The privately owned company has said it also expects better results in the coming quarters than it achieved last year. Jotun paints a brighter picture over IMO changes Jotun's financial performance brightens The improved outlook comes after the Sandefjord-based outfit was hit by the colla
  • Saudi tanker attacks reveal dangerous geopolitical waters
    Holing of Saudi vessels, trade wars and the rise of nationalism spell trouble for shipping
  • Sea Stallion Pool sets sights on up to 40 bulkers
    Managers confident of growing Hamburg-based handysize operation, which is outperforming indices
  • Norway raises security level after Gulf attacks
    The Norwegian Maritime Authority (NMA) has raised the security level for its ships following the attack on tankers at Fujairah in the UAE. At least four vessels were targeted in what appeared to be a mine attack on Sunday, including two from Saudi Arabia and Norwegian manager Thome's 47,000-dwt Andrea Victory (built 2005). No one has yet admitted responsibility. Mystery deepens as tanker attack
  • Sabrina Chao in female line of succession at Bimco
    Sabrina Chao will follow Sadan Kaptanoglu as Bimco president as the organisation embraced change at its annual meeting. The world's largest shipping association elected the managing director of HI Kaptanoglu Shipping as its first female president last night in Athens. "It is a great privilege for me to chair the Bimco board of directors in this crucial time of change for shipping," Kaptanoglu sa
  • Andreas Sohmen-Pao takes the chair at Epic Gas as loss cut
    BW Group supremo Andreas Sohmen-Pao has been appointed chairman of Epic Gas following its takeover. LPG carrier owner Epic said Charles Maltby had stepped down from the role, but remains CEO and a director. Sohmen-Pao steps on M&A gas with Epic takeover in his sights New chapter unfolds in Epic saga Epic Gas confident fleet renewal efforts will fuel profit Sohmen-Pao is already chairman of BW
  • Diamond S product tanker targeted by robbers off India
    Incident follows similar boarding of Stena-Sonangol suezmax pool vessel last month.
  • Thoresen Shipping makes weaker start to 2019
    Higher operating costs and lack of impairment gains dent results at Thai-backed bulker owner.
  • Horizon Maritime eyes Norwegian market with Aalesund office
    Canadian offshore vessel operator launches expansion drive as ex-Bourbon OSV joins the fold.

American Shipperweb site
MAY 15, 2019
  • Bill could provide $10 billion a year for infrastructure work
    The National Multimodal and Sustainable Freight Infrastructure Act, introduced by Rep. Lowenthal, would establish the Freight Transportation Infrastructure Trust that would distribute the funds through a formula and competitive programs.
  • Ways and Means panel hearing on USMCA next week
    House Democrats are seeking beefed-up labor, environment, enforcement and pharmaceutical provisions in the trade agreement.
  • Corps funding would increase in FY2020 House bill
    The House Appropriations Committee's FY2020 Energy and Water Development and Related Agencies funding bill also would increase HMTF projects by $147 million.
  • HMM revenue up but volume uncertainty remains
    The Korean carrier has reduced its operating loss and prepared for IMO 2020 but is still concerned about a global economic slowdown, Brexit and the U.S.-China trade conflict.
  • CBP launching air cargo screening enforcement
  • More carriers join Digital Container Shipping Association
  • Deutsche Post DHL 'will take a big step forward' in 2019
  • Accident kills dockworker, injures another at Port of Los Angeles
  • Yang Ming reports higher revenue, smaller loss in Q1
  • OOIDA opposes lower age for CDL holders
  • Teamsters, YRC Worldwide contract takes effect
  • Executive Moves: Crowley, Deutsche Post AG
  • Port of Oakland looks at diversifying revenue
  • DSV offers intelligent supply chain design and execution

The Bunker Bulletinweb site
MAY 15, 2019
  • Greece Piraeus bunker premium to Singapore nears year high
    Piraeus, Greece, bunker fuel premiums to Singapore prices reached the highest in almost a year.
  • Shell offers VLSFO marine fuel trials, ready for sales
    Shell is offering trials of its 0.5% sulfur marine fuel oil to customers in key ports in readiness for IMO 2020.
  • TANKERS: India's MRPL taps Aframax tankers for crude supply due to SPM closure
    "So far six to seven Aframaxes have been taken by MRPL [for the May 20-30 loading window]," a shipbroker said.
  • Portugal's Galp to offer 0.5% marine fuels from November
    "All of Galp's 0.5% fuel [will] come directly from our own refineries," a company representative said.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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