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BRIEFS
October 17, 2019
Sched Netweb site
  • MSC orders five new ultra large box ships from DSME for US$762m
  • Data recorder on MSC ZOE working when boxes were lost at sea, carrier says
  • Maersk to only charge customers for 'cost recovery' to comply with IMO 2020
  • Box ships deployed on US and Europe trade lanes continue to balloon in size
  • Portugal invites foreign companies to bid for tender to build new box terminal in Sines
  • FESCO launches faster car-carrier train service from China to Russia
  • FedEx comes to the aid of APAC businesses to expand in Europe
  • Iberia Airlines fined US$181,969 after death of animals during transportation
  • Boeing may produce a new freighter aircraft based on the B767 design
  • EL AL Cargo links up with cargo.one digital booking platform

Exim Indiaweb site
OCTOBER 16, 2019
  • Exports from EOUs/SEZs cross $100 bn
  • National Grid for Ports to be developed: Mandaviya
  • Aveny bags 'Emerging Warehousing Company of the Year' award
  • Declining trend in exports not good for the economy, says FIEO chief
  • DPIIT launches website & mobile app for IPR
  • Indian cooperatives sign three MoIs with Sri Lanka for milk supply
  • Indian economy fundamentally strong & can face the cyclical effects, says MoS Finance

International Transport Journalweb site
  • CCTT vice chairman honoured
  • Kuehne + Nagel expands its pharma hub in Belgium
  • Adding 100 LNG-/CNG-tractors to fleet in France
  • Alberto Cabrera joins Jaxport
  • New container industry standards in the making
  • Avia closes acquisition of Chapman Freeborn
  • DHL Express: EUR 131 million for expansion in South Korea
  • New transloader at rail hub in Texas
  • New CEO for UTA
  • UECC boosts use of LNG
  • Menzies Aviation chooses Hermes CMS
  • "Curiosity of the Day"
  • German railways call for measures to combat climate change
  • Emons invests EUR 13.5 million in new logistics facility
  • Mieloo & Alexander hires sales manager for German branch
  • Happy birthday, American Airlines Cargo!
  • A matter of trust in Pakistan

The Loadstarweb site
OCTOBER 16, 2019
  • Users and polluters will pay in drive towards major cut in transport emissions
  • XPO may be eyeing M&A trail return as it brings in GE's Aris Kekedjian
  • Up to 165 Panalpina jobs may be lost as DSV relocates Basel operation to Denmark
  • LNG: the fuel of the future for containerships, or a 'disastrous' option?
  • Ports need to be sharing technology and data for smoother operations
  • HR VP Michael Mitchell steps up as interim COO at CCM
  • Volga-Dnepr said to be flying through more financial turbulence
  • On the wires: Easy does it at JB Hunt - well, almost...
  • Q&A with Carnival's Kaczmarek - scrubber critics lack experience or knowledge of systems
  • Market Insight: Cosco Shipping - 'So far, no spillover from the tanker story'
  • Shippers should open talks on container contracts now, says Drewry

Marine Logweb site
OCTOBER 16, 2019
  • USCG releases draft specs for Waterways Commerce Cutter variants
    The U.S. Coast Guard is pressing ahead with its plan to replace the capabilities of 13 Inland Construction Tenders (WLIC) and 18 River Buoy Tenders (WLR) with a new class of Waterways
  • VIDEO: VT Halter launches LNG bunkering ATB barge
    Shipbuilder VT Halter Marine has launched the Q-LNG 4000 ATB barge just a few weeks after its naming ceremony. The 324' x 64' x 32'.6 Q-LNG 4000 is the barge component of
  • MPA pulls bunker license, cites "magnetic interferences"
    Mass Flow Meters were supposed to end bunkering scams, right? Apparently not if there's a magnet involved. The Maritime and Port Authority of Singapore (MPA) has revoked the bunker craft operator license
  • CWind develops hybrid SES offshore wind CTV
    From mid-2020, the world's first hybrid powered Surface Effect Ship will be operating as an offshore wind crew transfer vessel (CTV). Chelmsford, U.K., based CWind has reached a long term charter agreement
  • Capsized car carrier to be disassembled
    The capsized car carrier Golden Ray will not be righted and refloated in a fully intact condition. Salvage experts engaged in the response have determined that this cannot be done safely. Consequently,

Lloyd's Listweb site
OCTOBER 16, 2019
  • The Interview: Hing Chau
    New Wah Kwong chairman Hing Chau took an interestingly inland bound path before eventually finding his way back into the...
  • Marine sector told to embrace insurtech or die
    'In the future there will be two types of underwriters, those that embrace digital opportunity and those that cease to...
  • A lesson for China tanker investors
    CSET's share price has been surprisingly resilient after the US sanctions on one of its major subsidiaries were imposed on...
  • Load factors: Growing trade strains weigh on transatlantic trade
    Load factors on the transatlantic should tighten in the fourth quarter off the back of significant cuts to supply. However...
  • US tariffs on Turkish steel to have little impact on dry bulk market
    Volumes of steel moving to the US from Turkey had corresponded to about three handysize vessels per month in 2018...
  • Cosco Shipping's tanker unit denies vessels are 'going dark'
    A Dalian Tanker official says that none of its vessels has turned off the AIS on board
  • Reducing engine power to ensure 2030 target gets Greek backing
    Union of Greek Shipowners will support Greece's submission to IMO that advocates different reductions for different shipping sectors
  • France urges EU tax on ship fuel
    France wants the European Union to work on creating a tax on aircraft and ship fuels as part of a...
  • Scrubber installations could reverse slow steaming
    An influx of scrubber-fitted ultra large containerships may see carriers try to use speed as a competitive advantage
  • Gazprom Neft sets up shop in Singapore and eyes lube sales post-IMO 2020
    The opening of an operations office in Singapore will allow Gazprom Neft to expand its production and logistics network more...
  • Daily Briefing
    Free to read: Lower West Africa ship charters trigger tanker earnings collapse | MSC confirms options for five new ultra-large...
  • Pakistan may have called off long-term LNG tender
    Spot prices in Asia have failed to break the price point required to support long-term offtake arrangements this year and...
  • 2020 Bulkers to make first dividend payment
    The company also agreed a sale-and-leaseback deal with Oslo-listed leasing company Ocean Yield for two newcastlemax newbuildings
  • Yinson agrees $5.4bn FPSO contract with Brazil's Petrobras
    Yinson has been expanding its reach recently and earlier this year it also sealed deals in Nigeria

The Journal of Commerceweb site
OCTOBER 16, 2019
  • Seeing competitive edge, container lines double down on scrubbers
  • J.B. Hunt upbeat on intermodal turnaround
  • Altamira growth speeds up despite slowing Mexican economy
  • US import tariffs can sometimes be avoided, but at a cost
  • India moves closer to regulatory mechanism for shipping costs
  • Markets win out over 'chronic' truck driver shortage

TradeWindsweb site
OCTOBER 16, 2019
  • Owners fall 'back to earth' as VLCCs drop back to $135,000 per day
    Earnings frenzy settles as tanker fixtures fail and oil firms relet
  • Former Swire and Clarkson chairman Hughes-Hallett dies
    James Hughes-Hallett, the former chairman of Hong Kong's Swire Group and Clarkson, has died after a long illness at the age of 70. Educated at Eton and Oxford, Hughes-Hallett joined the diversified trading and transport Swire group in 1976 and rose to lead it for 10 years from 2005. He became chairman of the London-listed shipbroker in 2015. Ill health forced him to step down from leading Clarks
  • Dof Subsea bondholders demand more information on refinancing
    Dof Subsea has proposed a short deferral of an upcoming bond payment after bondholders demanded more information ahead of a vote on the firm's refinancing plans in two weeks. Dof eyes $22m in new equity to help rescue Dof Subsea An instalment of the firm's senior unsecured bonds (DOFSUB07), which are due in 2020, was scheduled for 22 October but could be postponed for 17 days. The bonds' truste
  • Ridgebury clinches scorching $98m sale of 18-year-old VLCC trio
    Red hot tanker freight market yields lucrative asset play for US owner
  • Bimco tweaks sanctions clauses to boost 'contractual certainty'
    Shipowners' organisation wants to avoid disputes after US action against Venezuela and Iran
  • Chartworld pleads guilty in US pollution case
    Greek owner and Nederland Shipping admit presenting falsified documents to US Coast Guard
  • Golden Ray insurance bill to top $200m - the largest yet in 2019
    Wreck removal, hull damage and cargo loss to send costs soaring for insurers of grounded car carrier
  • Don't write off classic panamaxes - they could still offer attractive returns
    Overlooked sector might yield opportunities for 'distressed play', VesselsValue says
  • Greek tankers move to the fore in high-stakes Venezuela trades
    Opec member still finds companies prepared to ship its oil in face of US sanctions
  • Global shipping bank lending plummets in 2018, Petrofin says
    China Exim, BNP Paribas are top dogs among shipping banks, as industry's overall business shrinks dramatically
  • AET unveils its carbon-cutting, LNG dual-fuel shuttle tankers
    Shuttle tankers claimed to be the cleanest, most technologically advanced ever built
  • Reshuffle at Stena Bulk as product tanker chief Johnny Schmolker quits
    Duo promoted to fill roles vacated by Swedish group's executive
  • Costamare delivers spark in sluggish demolition market
    Greek owner offloads 28-year-old unit at robust price
  • 3 Maj accounts blocked after legal action launched
    Croatian shipbuilder says it does not recognise claims for payment as overdue
  • Insurer and owner devise Rhodanus salvage plan
    Cargoship remains aground off Corsica after missing turn despite warnings
  • Novatek readies Kildin Island for LNG ship-to-ship transfers
    An area off the Russian coast to the north of Murmansk has been readied for LNG transshipments ahead of winter. Novatek to end LNG transhipment in Norway Shipping sources involved with the business said the ice-free area off the south-east coast of Kildin Island has been prepared with the harbour tugs, cryogenic hoses and large fenders required for the operations. They said transshipments are e
  • US sanctions over Cosco begin to trickle down to LNG carriers
    All eyes on undelivered Arc7 ships and trading vessels as fears mount they could be shunned
  • Ultragas sells oldest LPG carrier but denies link to sanctioned Caroil
    Chilean shipowner Ultragas has sold its oldest LPG carrier, but has denied reports that it went to a Cuban-controlled company suspected of violating US sanctions by trading oil from Venezuela to Cuba. Several brokers told TradeWinds that the shipowner had offloaded the 20,600-cbm Nordic Gas (built 1994) to Caroil Transport Marine for $9.5m. 'Madness' persists as Dynacom ties up tanker fixtures a
  • Unmanned research ship to recreate Mayflower voyage
    IBM-backed project to unlock secrets of unexplored ocean
  • In Greece, long-term worries cast shadows on tanker joy
    Tanker players in Greece are feting bumper freight rates, but lingering concerns about long-term challenges are spoiling the party
  • TVL Marine returns to Kyokuyo for new boxship
    Taiwanese owner adds second feeder vessel at Japanese yard
  • Gard appoints new CFO after departure of Steinar Bye
    Arendal-based P&I club appoints Christian Pritchard-Davie to fill position left vacant for months
  • Cut engine power to meet greenhouse gas rules, Greece and shipowners say
    The Union of Greek Shipowners (UGS) has expressed support for Greece's proposal to meet short-term greenhouse gas (GHG) emission goals by limiting the power of ship engines. Shipping is raring to go, but the global mood music sounds bleak Under the terms of the proposal, bulk carriers and tankers would reduce their main engine power by half and containerships by two-thirds. The measure should
  • VIPs turn out for opening of Schulte's Cyprus training centre
    Germany's Schulte Group has further committed itself to Cyprus by opening an upgraded maritime training centre for its shipmanagement arm BSM. During Maritime Cyprus, the company hosted a hospitality event to mark the inauguration at the Marina Beach Bar, attended by more than 500 guests, including clients, Limassol mayor Nicos Nicolaides and officials from the department of merchant shipping. T
  • Socar and Glencore battle over bill for ship laden with tainted oil
    Thenamaris-owned tanker in limbo for six months, racking up a potential demurrage bill of more than $3.1m
  • Shipping is raring to go, but the global mood music sounds bleak
    Although the tonnage balance looks healthy, gloomy economic news is sapping business confidence
  • Scrap means scrap, says seller TCC in capesize row with GMS
    Kenneth Koo-led shipowner goes to court to block bid by cash buyer GMS to trade demolition candidate
  • Polish importer issues formal invitation for LNG carrier duo
    Expansionist-minded trader gets down to business on shipping by issuing tender
  • Shell puts out call for Barcelona LNG bunker vessel
    Major currently has enquiries in the works for at least five new LNGBVs
  • Dr Peters reveals fleet details after VLCC sale
    German group has another five tankers under management, but cannot comment on individual transactions
  • Singapore catches second bunker player using magnets to cheat clients
    Maritime Port Authority wastes little time revoking companies' bunker craft operator licence
  • Troim's 2020 Bulkers set to start rewarding shareholders
    Owner set to return "significant part" of current market cap to investors over next two to three years
  • Ocean Yield adds 2020 Bulkers to client list with newcastlemax deal
    Ocean Yield has increased its exposure to the newcastlemax sector with a sale and bareboat charter back deal with 2020 Bulkers. Ocean Yield buys dual-fuel ethylene carrier from Navigator The Tor Olav Troim-backed bulker owner has agreed to sell two of its newbuildings to the Oslo-listed leasing company for $42m per vessel, net of a $5m sellers' credit. The acquisition includes a 13-year bar

American Shipperweb site
OCTOBER 16, 2019
  • Dry bulk markets are strengthening, says Pacific Basin
    A boost to demand from higher commodity volumes and a reduction in supply owing to IMO 2020 low sulfur fuel regulations are giving a boost...
  • Port of Oakland says 2019 growth reflects strong economy in North California
    Port of Oakland has seen an uptick in volumes this year and is optimistic about remainder of 2019.
  • IBM stock slides after revenue miss
    Despite revenue miss. IBM continued over two straight years of earnings beats.
  • Information technology firm eTrac in partnership with delivery group
    eTrac, CLDA enter partnership to draw more last-mile carriers into eTrac database
  • Tosca to acquire reusable packaging provider Polymer Logistics
    Polymer Logistics, which produces reusable packaging and display solutions, is being acquired by Tosca, a U.S.-based supply chain solutions provider.
  • U.S. Congress debates federal independent contractor model
    Democrats, labor consider California's AB5 a "good first step"
  • CSX improves operating ratio in the third quarter
    CSX's operating ratio improved despite declining revenues in the third quarter.
  • The practicality behind retaining warehousing workforce in a tight labor market
    To reduce labor turnover, businesses will have to understand the needs of their workforce and look to innovate and optimize activities in and around the...
  • Air Canada extends schedule blackout for Boeing 737 MAX into February
    Air Canada said Wednesday that it has removed the Boeing 737 MAX from its flying schedule until February 14 because ongoing regulatory uncertainty could cause...
  • EVs to the rescue: Lessons from a California blackout
    "Electric cars are part of the solution, not the problem."
  • Judge upholds $26.5 million jury award, refuses to grant new trial in fatal road-rage truck crash
    A judge recently declined to reduce the jury award of $26.5 million and refused to grant a new trial in a fatal road-rage crash in...
  • Freight Futures daily curve: 10/16
    East Trucking Freight Futures on Tuesday continued to lead a lackluster market.
  • EC approves bridging loan for collapsed Thomas Cook subsidiary Condor
    Condor cargo operations will be business as usual
  • Canadian Trucking Alliance head bemoans 'bastardized' freight marketplace, Driver Inc
    Stephen Laskowski, president of the Canadian Trucking Alliance, calls out "small but growing" segment of the trucking industry that is circumventing regulations, including the practice...
  • Nasty Nor'easter still on track to slam New England (forecast video)
    Coastal flooding, 60-mph winds possible as Nor'easter makes beeline toward I-95 corridor. Freight delays on the ground, in the air likely.
  • How blockchain is making the supply chain more trustworthy
    Kayla Matthews explains some of the global uses of blockchain in logistics and supply chain.
  • Shipping firms to pay $1.8 million fine for troubled reefer ship
    A U.S. Coast Guard investigation in February discovered the Nederland Reefer's chief engineer had devised a scheme to illegally dump oily bilge into the sea.
  • Commentary: Wolfgang Lehmacher - a profile in supply chain, innovation and technology
    Market Voice Brian Aoaeh has a fascinating interview with Wolfgang Lehmacher, an expert on global supply chains (and much more)!
  • Today's Pickup: Study suggests managing electric grid would offset power demands of EVs
    A new study says that proactively managing the electric grid by utilizing excess capacity in electric vehicle batteries could ease peak demand and lower overall...
  • Big flames, not a lot of impact: California tank fire contained, I-80 reopens
    The explosion and fire were near a refinery, but initial reports that they were at a refinery were incorrect.
  • US tariffs take heavy toll on China (with video)
    September saw China record its lowest monthly export growth to the U.S. since 1996 as the trade war inflicted more damage.
  • Port Report: MSC adds to big ship trove with latest $762m order
    World's second largest container fleet continues push with ultra-large container ships.
  • Canada's outlier trucking bankruptcy reveals millions owed to U.S. lender (with video)
    Court filings show that FTI, the Canadian sibling of HVH, had more than C$18 million in debts including C$16 million to U.S. Bank in one...

The Bunker Bulletinweb site
OCTOBER 16, 2019
  • Persian Gulf-Europe freight at 11-year high could hit jet arbitrage: traders
    Clean Long Range tanker rates from the Persian Gulf to Europe soared to an 11-year high Tuesday, raising concerns about the workability of the jet arbitrage, traders said.
  • Asian regrade slumps to near 1-year low as gasoil extends bull run, jet bearish
    Singapore (Platts)--15Oct2019/1153 pm EDT/353 GMT Expectations of a further bull run in the Asian gasoil market amid strong fundamentals, coupled with a sluggish jet outlook has led the Asian physical regrade to widen to a near one-year low, S&P Global Platts data showed.
  • USGC crude exports flowing despite 128% VLCC freight spike
    Total volumes of US-origin crude exports are expected to see minimal impacts from spike in US Gulf Coast-loading VLCC freight rates of more than 128% since September 25
  • S Korea's 380 CST bunker premium drops to 2-month low on HSFO destocking
    The premium of South Korean delivered 380 CST bunker fuel to benchmark Mean of Platts Singapore 380 CST high sulfur fuel oil assessments dropped $22.32/mt week on week to a two-month low of $107.93/mt Tuesday on HSFO destocking ahead of IMO 2020.
  • Fujairah takes Argentina's Escalante crude for LSFO production
    Flows of Argentina's heavy-sweet crude Escalante to Fujairah, UAE, have been seen in recent months, as the grade is sought to produce low sulfur fuel oil at the emirate's two crude processing facilities, Platts trade flow software cFlow indicates.
  • European VGO market under pressure from rise in freight rates
    The European vacuum gasoil market has come under pressure of late, with the rise in freight rates globally impacting the arbitrage to the US, leading to a build in stocks, sources said

›››File
FROM THE HOME PAGE
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
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