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Independent journal on economy and transport policy
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BRIEFS
November 21, 2019
Sched Netweb site
  • Soren Toft is MSC's new chief executive officer: shipping line confirms
  • Yang Ming sees Q3 loss swell to US$42m on operating revenue of $1.22b
  • Chinese shipping line starts direct Wuhan to Japan box service
  • Long Beach port sees box volume drop 2.4pc YoY in October to 688,425 TEU
  • ONE drives home 'marine navigation safety practices' message
  • Wartsila, PSA Marine trial autonomous harbour tug in Singapore
  • ICTSI Matadi wins award for best infrastructure project
  • Singapore Airlines Cargo October volumes fall 6.8pc yoy to 107,900 tonnes
  • EVA Airways Q3 profit dives to US$41m on back of weak cargo demand
  • UPS speeds up delivery times in Asia Pacific with service improvements

Exim Indiaweb site
NOVEMBER 20, 2019
  • MOL Group to build Japan's 1st LNG-fuelled ferries
  • Skyways Bangladesh rebranded
  • Time for higher BAF charges seen
  • Duty exemption schemes ensure competitiveness of Indian exports, says Goyal
  • GST administration to hold special filing demo session for new return forms on Dec. 7
  • India appeals against WTO ruling on export incentives
  • Kamarajar Port & Dredging Corporation of India among 28 CPSEs recommended for strategic disinvestment
  • Energy & metal commodity prices seen further falling in 2020

International Transport Journalweb site
  • The joint way forward
  • E-trucks for hinterland logistics provider
  • Hamburg's comeback?
  • Logistics support for bobsleigh pilots
  • Upgrading the DUSS terminal in Hamburg-Billwerder
  • PTV Group merges transport and logistics expertise in France
  • Second Luxembourg-Jakarta service
  • Canadian rail's environmental leadership recognised
  • Pro Glove strengthens presence in the USA
  • Key topics discussed in Dubai
  • Reusable packaging for Airbus
  • Caucedo terminal in the Dominican Republic enhanced
  • "Curiosity of the Day"
  • Bolloré Logistics signs contract with CFM
  • New gondola type speeds up freight car turnover time
  • New chairman for German transport alliance
  • Rotor wind sails in the Baltic Sea
  • Jettainer and Trilatec expand partnership

The Loadstarweb site
NOVEMBER 20, 2019
  • 'Bitter taste' in 2M as MSC poaches star exec and noses toward top liner ranking
  • Kuehne + Nagel to acquire Rotra's overland and logistics business
  • SM Lines brings scheduled container shipping services back to Portland
  • Gefco boxes clever to aid Airbus sustainability, but postpones its IPO
  • Zim reports 'improved' results in Q3 as VSA with 2M continues to pay dividends
  • Indonesia's Kertajati Airport has lofty cargo ambitions: 'bringing in the big boys'
  • On the wires: K+N's latest bolt-on - something for DSV Panalpina to worry about?
  • Supply chain radar: AP Møller-Mærsk cuts senior Latam staff as it preps to deal
  • M&A radar: DSV Panalpina - shareholder value above all
  • Market Insight: AP Møller-Mærsk + MSC - things you cannot buy...

Marine Logweb site
NOVEMBER 20, 2019
  • Proman Stena Bulk orders methanol-ready duo
    Proman Stena Bulk Ltd has finalized an agreement with Guangzhou Shipyard International (GSI) in China to build two state of the art IMOIIMeMAX methanol-fuel ready 49,900 DWT vessels, with the first vessel
  • Hyundai Heavy gets AIP for new containership power system
    South Korea's Hyundai Heavy Industries aims to maximize the efficiency of Very Large Containerships (VLCSs) by simplifying the power system. HHI and Korea Shipbuilding & Offshore Engineering (KSOE) have been awarded Approval
  • AMSC sees Jones Act tanker market getting tighter
    "We are encouraged to see significant chartering activity in the Jones Act tanker market during the last few months leaving very limited shipping capacity available until the end of 2020," said Pål
  • Eastern launches first of three new Staten Island Ferry double-enders
    Eastern Shipbuilding Group, Inc., Panama City, Fla reports that its Allanton shipyard last week launched the SSG Michael H. Ollis, the first of three 320 ft Ollis Class ferries for the Staten

Lloyd's Listweb site
NOVEMBER 20, 2019
  • Europe is destination of choice for LNG volumes
    Forward gas prices are incentivising a build-up in inventory on land-based facilities as well as floating storage on LNG carriers...
  • Carriers eye strong year-end for fraught freight rate market
    Setting a positive tone ahead of Asia-Europe contract negotiations will be even more vital this year with the added pressure...
  • Zim returns to profit despite trade uncertainty
    'In spite of the challenging market conditions, Zim continued to record improved results in the third quarter, as it did...
  • American Shipping sees 'stable and improving' market conditions
    'We are encouraged to see significant chartering activity in the Jones Act tanker market during the last few months, leaving...
  • Improved visibility a key driver for smart port development
    The complexity of port ecosystems requires collaboration and data sharing to accelerate logistics chains
  • Competition fears delay moves to prevent cargo misdeclarations
    Carriers need to be alerted quickly to rogue shippers, but they fear breaching competition rules if they share information with...
  • Queensland LNG exports feel impact of softer demand
    Buyers are said to be seeking lower cost alternatives to contracted LNG volumes with projects in the Australia's north-eastern state
  • Ports should focus on value over throughput
    Ports that create value in the supply chain will make their customer base more productive, leading to improved performance for...
  • Daily Briefing
    Free to read: EU shipping emissions regulations: A sweet spot or a bureaucratic monster? | VLGC spot rates rise to...
  • FSL sells two LR2 product tankers
    Following the disposal, FSL's fleet will consist of 16 vessels
  • MOL to order Japan's first LNG-fuelled ferries
    These newbuild ferries that are designated to serve the Japanese market spell MOL's first announced LNG dual fuel newbuild orders...
  • Eastern Pacific Shipping unveils tech accelerator start-ups
    The accelerator will culminate in February 2020 with a demo day
  • Yinson seals $800m refinancing deal for Ghana FPSO project
    The fact that the deal was oversubscribed showed the banking market's confidence in Yinson's ability to maintain high uptime and...
  • Houthi-held tugs and drilling rig freed
    The vessels and crew were released once it was confirmed they were not related to 'countries of aggression'

The Journal of Commerceweb site
NOVEMBER 20, 2019
  • Shippers warn of CN strike disruption
  • CP to install tracking devices on domestic chassis
  • US truckload rates forecast to rise in 2020
  • Zim rides 2M pact to Q3 profit
  • Forwarders set to ramp up market share: FIATA
  • European Commission proposes extending carrier block exemption

TradeWindsweb site
NOVEMBER 20, 2019
  • Tanker rate spike a mixed blessing for South Sudan exports
    Tonne miles down as China took less crude last month as cargoes headed to markets closer to home
  • Star Bulk posts first dividend in seven years
    New York-listed owner said it plans to give such a perk every quarter
  • Kunlun legal woes plague new owner of collision-related VLGC
    Cepheus Ltd, the new owner of a former Kunlun Holdings VLGC, has become embroiled in a legal dispute arising from a collision that took place in the Middle East in April. The 78,500-cbm LPG carrier Echo Star (built 2000), which Liberian-registered single-ship entity Cepheus took ownership of in August, was arrested in Singapore last week at the request of Blue Fleet Group. Nord/LB seizes Kunlun
  • Ningbo Zrich Shipping fronts $100m Minsheng Financial Leasing buying spree
    Beijing-based leasing giant Minsheng behind a string of secondhand purchases attributed to other owners
  • Synergy Holdings takes 10% stake in Euroseas
    Synergy Holdings has become one of Euroseas' top shareholders after its Synergy Marine sold almost its entire fleet to the New York-listed owner. Synergy Marine, a ship management firm controlled by Synergy Holdings chairman Andreas Papathomas, offloaded four boxhips for $40m, leaving it with one such vessel. Synergy Holdings has acquired 4.22 million Euroseas shares at $0.71 each for a 10.4% st
  • Polaris inks SWS newcastlemax duo against Vale charter deal
    South Korean outfit returns to China for newbuildings in under-the-radar deal
  • Eagle Bulk circulates older supramax in buyer's market
    Eagle Bulk Shipping is offering an older bulker for sale after withdrawing another from the market, dry bulk sources said. Connecticut-based Eagle Bulk is looking for offers on the 53,350-dwt supramax Skua (built 2003). But it has decided to hold onto the 52,400-dwt Jaeger (built 2004) after prices in recent weeks were not to its liking, the sources added. In a third-quarter earnings call, Eagle
  • Team Tankers sells another older ship from Laurin Maritime deal
    Team Tankers has sold a pair of 15-year-old, MR product tankers as it clears out the older vessels acquired in a deal to takeover Sweden's Laurin Maritime last year. The Oslo-listed tanker owner has sold the 44,000-dwt Team Tosca and Team Toccata (both built 2004) to Turkish interests, brokers said. Tina Revsbech switches from tankers to bulkers with job at Fednav Broker Frachtcontor seeks new
  • Performance Shipping confirms third tanker buy
    Performance Shipping has confirmed market rumours that it plans to buy a third aframax tanker for about $26m. TradeWinds reported Friday that the Simeon Palios-led owner committed to buying 115,600-dwt Virgo Sun (built 2007) at that price, according to Athens-based sources. The Sasebo Heavy Industries-built ship is currently owned by UK-based Zodiac Maritime, according to Performance strategy ch
  • Scorpio Services Holding discloses Hermitage Offshore buy
    Scorpio Services Holding has disclosed the trade that sent Hermitage Offshore shares skyward late last week. The holding company, which also has stakes in Scorpio Tankers and Scorpio Bulkers, bought 332,073 shares in Hermitage for $1.49 each. Insiders said to trigger Hermitage Offshore price surge Hermitage Offshore shares, short interest make huge jumps The holding company already owned 9.3 m
  • Flex LNG to ramp up term coverage as newbuildings deliver
    CEO Oystein Kalleklev says he is willing to fix all five 2020 newbuilds on long-term charters
  • China Merchants emerges as seller in $380m Seaspan deal
    Deal for six neo-panamaxes sees Chinese lessor scale down fleet
  • Klaus-Michael Kuehne becomes Hapag-Lloyd's biggest shareholder
    Companies controlled by Kuehne have bought a 29.2% stake, leapfrogging the Luksic family of Chile to be lead stakeholder
  • US shipyards look to Washington to revive their fortunes
    New legislation could energise an industry that has been in the doldrums since the early 1980s
  • Proman Stena Bulk finalises GSI methanol tanker contract
    Chinese newbuilding deal will initially involve two vessels
  • Rhenus-Arkon moves into shipowning with debut eco-order
    German alliance between Arkon Shipping and logistics player Rhenus inks deal for four cargoships in China
  • Violent stowaways convicted after rampage on Grimaldi con-ro
    Four African men guilty of affray after faeces-throwing stand-off on Italian vessel in the Thames Estuary
  • ESL Shipping hints at expansion after profit rise
    Finnish bulker owner aiming to build market share in the Baltic Sea
  • Top Ship shares back below $1 three months after one-for-20 split
    Company says it can't explain loss of 88% in shares value as competitors have logged gains in 30% range
  • American Club, Gourdomichalis duo sued again as bulker battle rages
    Claims from the Adamastos' detention would add up to several years' worth of insurers' payouts
  • Zim makes it back into black as revenue rises
    Israeli container line has benefited from slightly higher rates in the third quarter
  • Kleven Verft logs more losses, but touts stronger balance sheet
    Norwegian shipyard is confident restructuring will make it attractive for investors
  • Ponant orders eco-cruiseship double for $332m
    Fincantieri scoops deal from French line for new South Seas expedition vessels
  • Lacking consensus, IMO's CO2 talks enter a difficult phase
    But the United Nation body's initiatives in national plans and life-cycle assessments of alternative fuels draw some praise
  • Houthi rebels release 16 seafarers after 'hijackings'
    South Korea says two of its citizens among those freed by Yemeni group
  • AMSC: Jones Act tanker market tightens as activity rises
    Norwegian-listed owner says significant business being done in the US sector
  • Greece issues $55m tender for Sea Diamond wreck removal
    Greek port authority invites bids to lift cruiseship from its underwater Santorini graveyard
  • Six buyers circle Sungdong Shipbuilding
    Bidder for restructuring South Korean yard about to be chosen
  • Flex LNG seals $629m financing and pays first dividend
    Norwegian LNG carrier owner seals deal with 11 banks and Kexim for five newbuildings coming next year
  • Bimco aims to avoid 'protracted' talks with new COA contract
    Shipowners' organisation says lack of widely used standard form is leading to delays as shipments rise
  • FSL Trust confirms sale of LR2 product tanker duo
    Singapore-listed owner believed to have achieved $20m per vessel from Indonesian interests
  • MOL to order Japan's first LNG-powered ferries
    Mitsui OSK Lines (MOL) is to build the first two LNG-fueled ferries in Japan in a move that will cut CO2 emissions on the route that they will serve by 20%. MOL completes Kobe LNG bunkering trial The two ships are set to be ordered at Mitsubishi Heavy Industries (MHI) in December. Financial terms were not disclosed. On delivery in late 2022 and early 2023 the ships will be chartered by MOL
  • New Cosco Croatia calls to boost access to central Europe
    Long-term plans call for Rijeka terminal to be able to handle 20,000-teu boxships
  • Eastern Pacific reveals tech accelerator line-up
    Shipping giant's technology drive powers ahead with international group of participants
  • Clarksons: Shipping's carbon footprint down 20% in a decade
    Broker's figures show that industry is the most 'carbon efficient' against road, rail and air
  • Fleet Management celebrates 25 years at home in Hong Kong
    Managing director Kishore Rajvanshy hosts his fourth silver jubilee celebration in 2019 in Hong Kong

American Shipperweb site
NOVEMBER 20, 2019
  • Box pendulum swings even more toward East Coast
    Freight data confirms that container lines are increasing their flows to the U.S. East Coast at the expense of California ports.
  • Truck safety advocates blast FCC spectrum carve-out plan
    Proposal could undercut "hundreds of millions" spent on connected-vehicle infrastructure
  • CBRE sees tolerable 2020 slowing in U.S. industrial real estate
    CBRE sees slowing but still-strong U.S. industrial real estate market
  • Yang would anoint 'trucking czar' if elected president
    Democratic candidate Andrew Yang also proposes a $1,000-a-month "universal basic income" for workers displaced by automation.
  • U.S. rail volumes slump in flat peak season
    U.S. rail volumes continue to slip as rail executives see muted peak season.
  • When big data means big risk to brokers - FreightWaves Insiders with Cassandra Gaines [podcast]
    "Getting your carriers' speed and HOS data comes with major risks to your brokerage," according to Cassandra Gaines.
  • Lufthansa, Etihad leverage digital interface to capture more cargo reservations
    API, or application programming interface, may soon become a common three-letter word in the air cargo space by making the booking experience similar to shopping...
  • Chinese cargo airline ceases operations
    Uni-Top expected to restructure
  • Logistics providers leverage blockchain as 'digital passport for suppliers'
    Chainyard's blockchain solution responds to a common pain point: qualifying hundreds of carriers is a convoluted and inefficient process.
  • Freight Futures daily curve: 11/20
    Los Angeles sparks a fire in the Trucking Freight Futures markets on Tuesday.
  • Multipurpose apps can protect against digital overload
    Drivers often suffer from so-called app overload. This leads to a cluttered phone screen and an irritated driver.
  • Canadian industry groups seek swift resolution to Canadian National strike
    The strike, coupled with and trade uncertainty, could hit businesses hard, groups say.
  • ZIM reports profit, higher revenue in third quarter
    ZIM reported a $5 million profit in the third quarter of 2019, saying it benefited from its cooperation with Maersk and MSC.
  • Double whammy of heavy snow, flooding rain in western U.S. (forecast video)
    Two feet of snow or more coming to the Mountain West. Desert Southwest gets drenched, possibly flooded.
  • Luxury yacht maker Sunseeker plans to transfer 80 jobs to DHL Supply Chain
    U.K.-based yacht builder Sunseeker is in advanced negotiations with DHL Supply Chain to help with its logistics operations.
  • Commentary: What does the future look like for energy supply chains?
    Brian Aoaeh writes about changes in the energy/fuel mix over the next 30 years in developed and developing economies.
  • Potential investor bails out of Alitalia rescue
    Atlantia charges that conditions for investment not met
  • Target's stock surges after third quarter earnings beat
    Target Corporation (NYSE: TGT) saw its stock surge after the retailer reported sales growth and traffic surges for both its physical stores and its digital...
  • Why we built a trucking rate predictor
    Our rate predictor builds rates from actual freight market conditions, using historically reported data only as a frame of reference.
  • Shippers greet EC liner block exemption ruling with disbelief
    Shippers believe container line consortia are anti-competitive and lack transparency.
  • Today's Pickup: Hyperloop route between Chicago to Pittsburgh can create 900,000 jobs over a 25-year period
    HyperloopTT does feasibility study on Chicago-Pittsburgh route; Nikola develops the most energy-dense battery; Virgin Atlantic is opening new routes in summer 2020.
  • Catapult integrates Maersk Line rate data
    Cargo rate platform adds "deep link" to Maersk's booking portal.
  • US importer pays CBP $3.3 million for entry violations
    U.S. Customs and Border Protection said optical lenses manufacturer Satisloh used false descriptions, tariff classifications and duty rates on its import entries for certain machinery...
  • Lowe's announces plans to close more stores
    Lowe's announces plans to make leadership changes and close 34 stores in Canada. The home improvement retailer increased earnings guidance for fiscal 2019.
  • EU Commission to extend container line block exemption regulation
    The European Commission believes that container shipping lines need consortia to make "operations more financially viable and efficient."
  • Is the rebirth of shipping share offerings finally nigh?
    Higher freight rates are piquing investor interest, bringing ship owners back to the capital markets.
  • Truck hijackings become part of cartel violence in Mexico border city
    Drug cartel members in the northern border city of Nuevo Laredo, Mexico, across from Laredo, Texas, recently hijacked trucks to form blockades on major avenues...
  • The numbers don't lie: size of legal awards vs. trucking companies is soaring
    The survey covers just the states of the Southeast but the numbers are still sobering,.

The Bunker Bulletinweb site
NOVEMBER 20, 2019
  • External: Global Risk Management
  • aAsian middle distillate cash differentials plunge over 80% amid ample supply, weak demand
    This has also translated to a weakening gasoil swaps market structure, and the December/January spread was assessed at plus 9 cents/b Tuesday.

›››File
FROM THE HOME PAGE
PORTS
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
ZIM also records a recovery in the second quarter
SHIPPING
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
PORTS
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%)
PORTS
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
COMPANIES
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
ACCIDENTS
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
PORTS
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
COMPANIES
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
PORTS
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%)
PORTS
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
PORTS
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
PORTS
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%
PORTS
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%)
SHIPPING
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
SHIPPING
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
SHIPPING
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
PORTS
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
SHIPPING
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
ACCIDENTS
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
SHIPPING
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
SHIPYARDS
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
SHIPPING
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.
CRUISES
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
ACCIDENTS
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
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
ACCIDENTS
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
LOGISTICS
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
SHIPPING
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%)
CRUISES
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%
SHIPPING
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%
SHIPPING
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%
PORTS
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
RAILWAY TRANSPORT
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%)
PORTS
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.
CRUISES
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
SHIPYARDS
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
PORTS
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
SHIPPING
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
CRUISES
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
SHIPPING
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PORTS
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
PORTS
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%.
RAILWAY TRANSPORT
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.
SHIPYARDS
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
SHIPYARDS
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
SHIPYARDS
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.
ACCIDENTS
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
CRUISES
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.
PORTS
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%)
PORTS
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
COMPETITION
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.
FREIGHT TERMINALS
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
INTERMODAL TRANSPORT
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%).
PORTS
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
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.
LEGISLATION
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
ACCIDENTS
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
SHIPPING
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.
PORTS
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
TRANSPORTATION
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
SHIPPING
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
TRANSPORTATION
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.
ACCIDENTS
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
PORTS
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
PORTS
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.
PORTS
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
PORTS
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
CRUISES
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
PORTS
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
PORTS
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%)
SHIPPING
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%
SHIPPING
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%.
PORTS
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%.
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
PORTS
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
INDUSTRY
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
SHIPPING
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
PORTS
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
SHIPPING
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
COMPANIES
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%)
MOURNING
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
PORTS
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
PORTS
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
PORTS
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
COMPANIES
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
PORTS
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%
PORTS
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%
LOGISTICS
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
LOGISTICS
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.
SHIPPING
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
PORTS
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
SHIPPING
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.
SHIPPING
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
ACCIDENTS
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
PORTS
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
PORTS
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%)
INTERMODAL TRANSPORT
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.
PORTS
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
ACCIDENTS
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
SHIPPING
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
COMPANIES
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
PORTS
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
PORTS
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
PORTS
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
EDUCATION
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
INTERMODAL TRANSPORT
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
TRANSPORTATION
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
ACCIDENTS
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"
INFRASTRUCTURE
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
LOGISTICS
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
LOGISTICS
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
PORTS
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
COMPANIES
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
PORTS
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
PORTS
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
INDUSTRY
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
PORTS
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.
LOGISTICS
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
ASSOCIATIONS
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
PORTS
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
FREIGHT TERMINALS
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
INDUSTRY
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
OFFSHORE
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
LOGISTICS
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.
ASSOCIATIONS
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
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
MEETINGS
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
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
SHIPPING
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
EDUCATION
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.
NEWS
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.
INDUSTRY
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
SHIPPING
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
ACCIDENTS
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
ACCIDENTS
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
SHIPPING
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.
INTERMODAL TRANSPORT
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
PORTS
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
CRUISES
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%
PORTS
Western Liguria Port Authority approves 2026 budget update
Genoa
PORTS
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
INDUSTRY
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
PORTS
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
PORTS
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%
SEAFARERS
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
PORTS
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
PORTS
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
PORTS
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%)
PORTS
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
PORTS
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
RAILWAY TRANSPORT
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.
PORTS
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
PORTS
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%)
SHIPYARDS
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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