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BRIEFS
May 24, 2019
Sched Netweb site
  • Los Angeles eclipsed by Laredo as America's top port in trade value
  • Fire-struck 7,510-TEU Yantian Express arrives in Halifax at last
  • Hamburg volume up 6.4pc in first quarter to 2.3 million TEU
  • Major shipowners' associations stand united on free trade policies
  • China-US west coast rates 6pc down, worse to come with tariffs
  • 20pc more laden boxes transit Panama since expansion 3 years ago
  • Panama Canal welcomes first Q-Flex LNG tanker, second biggest in world
  • ATA hails US agreement with Canada and Mexico to lift tariffs
  • Repairable clause prevents ban on what BAN calls cross-border e-waste
  • South Korea suffers while US-China trade war continues
  • CN announces new COO and chief information technology officer
  • Washington awards US$9 million to Chicago Rockford airport for cargo
  • West Virginia airports awarded US$18 million for runway upgrades
  • ACS Russia & CIS expands in Moscow with new and larger office

Exim Indiaweb site
MAY 23, 2019
  • CMA CGM increasing its offer of connected containers
  • Global merchant fleet crosses 2 bn DWT
  • IMO taking key measures on shipping emissions reduction
  • MOL to join Task Force on Climate-related Financial Disclosures consortium
  • ONE & PSA's Magenta Singapore Terminal to operate four mega container berths at Pasir Panjang Terminal
  • Piracy on the decline in South-East Asia
  • Q1 2019 results an improvement achieved against a backdrop of challenging market conditions, says ZIM
  • PSA International & consortium partners jointly acquire DCT Gdansk
  • Hindustan Infralog acquires 76 pc stake in KRIBHCO Infrastructure
  • India's GDP expected to grow at 7.1 pc in FY20, says UN report
  • NDA/BJP set to form the govt again

International Transport Journalweb site
  • NRLA effect smaller than expected
  • More freight trains between Switzerland and Germany
  • Craiss opens new location in Czechia
  • New board member for Air Cargo Community Frankfurt
  • USA: going even greener with RNG
  • Latam Cargo carries big cats to South Africa
  • MOL introduces remote way of applying ship operation data
  • Gefco supporting online dealer's expansion
  • Rob Grool takes on CEO role at Zeaborn
  • 350 new vehicles for Central Europe
  • Newbuild for K Line
  • Two "Aces" in USA - one too many perhaps?
  • "Curiosity of the Day"
  • KVH appoints Ken Loke as VP Asia-Pacific region
  • Tigers delivers global supply chain solutions for Rapha
  • Third train between Barcelona and Miranda de Ebro
  • A European success story
  • Dachser sets up shop in Sweden

The Loadstarweb site
MAY 23, 2019
  • Atlas Air says union claim of pilots being 'overworked and underpaid' is a 'myth'
  • An already soft air freight market now finds itself at the mercy of politics
  • CMA CGM set to equip 50,000 containers with digital tracking
  • Sensors, 'grey boxes' and opportunities in an age where 'data is the new container'
  • Amazon's Prime Air looks set to expand European operations
  • Supply chain radar: The Ceva of container shipping - ZIM's balance sheet is blowing up
  • Alarm over millions in backpay owed to the world's seafarers
  • US farmers demand an end to tariff war with China as their export markets fade
  • Supply chain radar: With AP Møller-Maersk, trust has gone out of the window

Marine Logweb site
MAY 23, 2019
  • Seaspan Ferries orders two LNG battery hybrids
    Canada's Seaspan Ferries will add two new Liquid Natural Gas (LNG) - battery hybrid ferries to its fleet in 2021. Damen Shipyards Gorinchem B.V. will start construction of the vessels at its
  • VIDEO: Newport News starts Columbia class advance construction
    A first-cut-of steel ceremony held today at Huntington Ingalls Industries (NYSE:HII) Newport News Shipbuilding division marked the start of advance construction for the Columbia-class ballistic missile submarine program. With the press of
  • High water, fast currents, bring more river closures
    The Coast Guard reports that has closed portions of the Mississippi and Illinois Rivers to all vessel traffic due to extremely high water levels and fast moving currents near St. Louis, Missouri,
  • Thordon appoints Neil Cooper as VP Sales
    Burlington, Ontario, headquartered Thordon Bearings has appointed Neil Cooper as Vice-President, Sales, with the mandate to build on the company's leading position in the global water-lubricated bearings market and to drive continued
  • Harvey Gulf to convert second PSV to battery hybrid
    Last month we reported that Harvey Gulf International Marine had opted to convert the Harvey Energy - the first LNG-fueled PSV in the Americas - to battery hybrid operation (see story). Harvey
  • BIMCO and INTERTANKO issue guidance on scrubbers
    INTERTANKO and BIMCO have issued a joint guidance on the potential contractual issues that could arise when chartering ships fitted with exhaust gas scrubbers. Produced with the assistance of the North of
  • STC Group to install three new simulator classrooms
    Rotterdam based international maritime education and training specialist STC Group has ordered Wärtsilä simulator software solutions for three of its Netherlands maritime training centers. The Wärtsilä Navi-Trainer Professional (NTPRO) 5000 software will

Lloyd's Listweb site
MAY 23, 2019
  • UK's largest maritime simulation centre opens
    Solent University's new maritime simulation centre, which opened this week, is the latest investment in a significant expansion of maritime...
  • P&I club free reserves could take $500m hit, Gallagher warns
    Overall claims are rising, with 25 pool claims on the 2018-19 year reported to date, compared to 14 and 13...
  • Maran orders additional LNG carrier
    Angelicoussis group exercises latest option at DSME as another South Korean builder Hyundai bags two more LNG carriers from another...
  • US monthly Russian crude imports to surpass Saudi shipments
    Some 6.77m barrels have discharged in the US so far this May from tankers that loaded in Russia, as increasing...
  • Heerema lines up record lift job for $1.5bn semi-submersible crane vessel
    Sleipnir is also the world's first heavylift semi-submersible to be powered by liquefied natural gas
  • Freight demand set to triple by 2050, says OECD
    The economic value of freight flows in the North Pacific and Indian Oceans will increase nearly four-fold between 2015 and...
  • Star Bulk posts loss as scrubber installation costs mount
    The Nasdaq-listed bulk carrier owner expects to have 40 scrubber-fitted vessels by the end of this month and has brought...
  • Norden signs Qatari deal to boost Middle East activities
    Around 500,000 tons of salt to be carried annually, with sailings about once a month on supramax vessels
  • Total urges shipping to plan early for low-sulphur switchover
    Making the right decisions can ultimately improve the bottom line, according to Total's advice on how to optimise solutions
  • Xiradakis aiming to fight shipping cause in Brussels
    Having a modicum of maritime knowledge in Brussels and Strasbourg is vital not only for industry but for Europe, says...
  • Viewpoint: Making seafarers feel at home
    Those who manage seafarer centres are often isolated but benefit when regional directors come together to share ideas
  • Daily Briefing
    Box port growth forecasts set lower over trade war | Saudi Aramco agrees LNG deal with Sempra | US Midwest...
  • Trade tensions put China ports growth at risk
    Despite Moody's stark warning for ports, China Merchants Port Holdings, Hutchison Port Holdings and Shanghai International Port Group are still...
  • US Midwest sees greater opportunities for containerised agricultural exports
    Tired of the problems they see on the US west and east coasts, ports along the US inland waterways are...
  • Trafigura dips into China's Panda bond market again
    The privately placed issue was significantly oversubscribed, Trafigura said, adding that this round drew a more diverse investor base than...

The Journal of Commerceweb site
MAY 23, 2019
  • Newark land seizure opens port warehousing potential
  • C.H. Robinson expands in Europe with Dema acquisition
  • S&P: Global economic growth 'slower, but healthier' in 2019
  • Carriers double down on container sensors
  • US truck tonnage spike belies softer reality
  • VCs taking long odds on big logistics wins
  • US chemicals exports in 2019 hinge on Chinese tariffs

TradeWindsweb site
MAY 23, 2019
  • Stealth concludes charters with Trafigura
    Greek shipowner Stealth Maritime has concluded time charters for up to two years for a pair of aframax tankers. Chief executive Lambros Babilis confirmed the charters, though he declined to disclose the charterer or rates on the deals. Brokers said the Vafias family-backed company fixed the 112,000-dwt Chrysalis and the Gstaad Grace (both built 2010) to trader Trafigura for one year at $22,500
  • StealthGas posts first quarter profit, will buy back shares
    StealthGas opened the year back in the black with a modest profit and a plan to make good on its promises to buy back shares. The Harry Vafias-led gas carrier owner posted a $2m profit for the first three months of 2019, while extending the charters of seven ships and launching a $10m buyback plan Thursday. StealthGas to repurchase shares, satiate investors Maxim confirms exit from shipping "W
  • Star Bulk not worried about possible scrubber ban
    IMO will not be able to change regulations until 2022, Star Bulk Carriers president Hamish Norton says.
  • Jefferies' high-energy Randy Giveans flies flag for shipping deep in the heart of Texas
    Investment bank's maritime equity research boss sees the positives in being the industry's last analyst in Houston
  • Open speculative LNG ship numbers shrink over next 18 months
    Few uncommitted LNG newbuildings remain to be delivered this year, and the number of open vessels for the large delivery haul scheduled for 2020 is also falling. Brokers said two Flex LNG ships appear to be the only open speculatively-contracted vessels on offer in the current market. Minerva Marine makes it five LNG ships with latest newbuild The 173,400-cbm newbuildings Flex Constellation and
  • RCI reveals strategy to reignite growth in China's cruise sector
    By deploying its newest vessel - the Spectrum of the Seas - major line hopes to reverse recent market contraction
  • Sailors' Society chief executive Stuart Rivers steps down
    Stuart Rivers has stepped down as chief executive of maritime charity the Sailors' Society after six years in the post, TradeWinds has learned. The charity confirmed to TradeWinds that Rivers resigned on 7 May but gave no reason for his departure. Sailors' Society scores double century caring for seafarers worldwide "Sandra Welch, who has been deputy CEO, will assume for the time being the rol
  • Fabrikant bounces back to take top spot in US earnings league
    Seacor Holdings chief exec is buoyed by $2.2m cash bonus to retake title of US king of compensation for 2018
  • Greek shipowner Diamantis Diamantides bags Brightoil VLCC auctioned in Hong Kong
    Diamantis Diamantides has won the race for the first tanker auctioned off from the Brightoil Petroleum fleet, market sources say. Diamantides is known to be actively pursuing opportunities in the big tanker space ahead of an anticipated upturn around IMO 2020. Beleaguered Brightoil in talks with lenders to get tankers trading again Brightoil staff launch e-business independent of troubled owner
  • Solstad Offshore offloads elderly supply ship
    Solstad Offshore's Farstad Shipping has sold another older OSV as its restructuring continues. The Oslo-listed company said the 3,100-dwt platform supply vessel (PSV) Lady Melinda (built 2003) has gone to an unnamed owner this week. It gave no further details. VesselsValue assesses the ship as worth $1.19m. Its data shows the new owner is Vega Consult of Kristiansand, Norway. The unit has bee
  • Teekay FPSO wins extension from Canadian National
    Teekay Corp has again extended the contract for one of its oldest FPSOs. The New York-traded, Vancouver-based company said the Petrojarl Banff (built 1998) will remain in the employ of Canadian Natural, working in the Banff field in the North Sea until August 2020. Brookfield moves to take Teekay Offshore private The vessel was also extended last July for an additional year. Details were not d
  • China Merchants to build the first Chinese-designed cruiseship
    China state conglomerate says the order from Shanghai Style Cruise is a milestone for Chinese cruise shipbuilding.
  • Active S&P player Belships mulls extra 'ships for shares' deals
    Belships says it is considering another equity issue to continue an expansion drive following its merger with Frode Teigen's Lighthouse. The equivalent of $15m in equity may be raised in the future, subject to market conditions, the Oslo-based bulker owner said in its first-quarter report. Belships shows 2020 hand with bunker price hedge preferred to scrubbers Belships continues buying spree w
  • Danish Shipping rings the changes after resignations
    Shipowners' organisation Danish Shipping has a new chairman and deputy chairman after resignations in the domestic industry. Danish shipping continues to punch above its weight on global stage CEO Smedegaard quits DFDS after 12 years Torm CEO Jacob Meldgaard is taking over as chairman from former DFDS CEO Niels Smedegaard, who left the ro-ro company in April. "I am happy and proud to have be
  • Samos Steamship turns to JMU for suezmax newbuilding
    Samos ends four-year order drought with tanker newbuilding at Japan Marine United
  • Richard Branson seeks 'rebels and rogues'
    Virgin Voyages supremo Richard Branson tweeted about a mysterious event in London this week that promised an epic night for "rebels, rogues, eccentrics and pioneers". The tycoon said eagle-eyed locals should be on the lookout for posters reading "Sailors Wanted!" These could then be used as tickets for an "exclusive, invite-only event that will never again take place on land" called Scarlet Nigh
  • Vantage Drilling wins $620m Petrobras arbitration fight
    A US federal court has ruled against Petrobras in its attempt to overturn a $622m arbitration award in favour of Vantage Drilling in a fight that centred on alleged bribery by Taiwanese shipowner Nobu Su. District judge Alfred Bennett rejected the Brazilian state oil company's motion to vacate the award, ruling Petrobras got a fair arbitration process. Su seeks to move on $2bn claim against Van
  • ADM sues APT over $65m Mississippi collision
    A 16 May crash on the Mississippi allegedly caused damage to an ADM facility
  • Tor Olav Troim 'very excited' about the second half of 2019
    Golar chairman says LNG carriers will remain core but his eyes are trained on the highest-return businesses
  • Arne Fredly's Hunter Group poised to pocket highest VLCC resale price in half a decade
    Arne Fredly's Hunter Group is set to pocket the largest price for a VLCC resale in half a decade as the sector newcomer closes in on the first fruits of its asset play project. It comes with tanker asset prices accelerating as momentum and expectation grow ahead of the arrival of IMO 2020 rules. Hunter Group set to spear profit on double VLCC sale at eye-catching price Arne Fredly's Hunter Grou
  • GSL snaps up Zeaborn boxship trio for Maersk charters
    New York-listed Global Ship Lease (GSL) is adding three boxships to its fleet in a $48.5m deal. The company said it is buying the 7,849-teu vessels built in 2004 with a new bank loan on market terms over five years. The first ship will be handed over in the second quarter and start a five-year charter to Maersk Line. The other two will join the fleet in the third quarter and have three-year dea
  • Chartworld strikes $180m New Times aframax deal
    Tanker series marks first time Lou Kollakis-led outfit has turned to the private Chinese yard
  • Longshoreman hunts $5m from Costamare for injury
    An injured longshoreman is chasing Costamare in a $5m lawsuit. Warren Rivers, an Alabama resident allegedly hurt while working onboard the 7,400-teu Maersk 'Kawasaki (built 1997), filed the lawsuit this week in federal court in Houston, Texas. He alleges Costamare maintained an unseaworthy ship, leading to his injury from a "defective cargo container" during loading at the Port of Mobile, Alabam
  • Hadjipateras hopeful of VLGC recovery as rates reach three-year highs
    Greek shipowner John Hadjipateras is hopeful a sustained upturn in the VLGC market has arrived. Commodore Hadjipateras calls for more women in shipping Dorian LPG sees steady growth as VLGC spot rates mount short-term surge Commodore-to-be John Hadjipateras has no regrets after baulking at BW LPG takeover bid Dorian chief executive Hadjipateras says the past two months have delivered spot earn
  • Norden signs three-year COA with Qatar Vinyl Company
    Norden has won a three-year contract of affreightment (COA) from Qatar Vinyl Company, which will begin this quarter. Nimble Norden focuses on asset-light model in 'ever more volatile' world Swine flu in China more scary for dry bulk than Donald Trump's trade war One of the Danish shipowner's supramax bulkers will carry salt cargoes from West Coast India to Qatar about once a month, Norden sai
  • Hurtigruten signs seven-year fish-fuel deal
    Norwegian expedition cruise line Hurtigruten has finalised a deal to power some of its ships with dead-fish waste. Dead fish to power Hurtigruten cruiseships It has signed a seven and a half year contract with compatriot Biokraft to supply climate-neutral liquefied biogas (LBG). The owner said this is the largest-ever global contract for LBG. There will be near-daily delivery of biogas produce
  • Teekay Tankers keeps dividend tap turned off as it awaits freight rate recovery
    Teekay Tankers has again held back potential dividend payments to investors as it recorded a profitable start to the year. New York-listed Teekay has a strategy to pay out between 30% and 50% of adjusted net income to shareholders and logged a profit of $12.4m in the opening three months of 2019. Teekay Tankers sits on dividend and inks additional leaseback deal Mackay defends defensive dividen
  • Teekay LNG adds five years of new charters
    New York-listed Teekay LNG Partners has revealed new charters to keep three vessels busy for another five years. The company said a fixed-rate extension of three years has been agreed for the 87,305-cbm LNG carrier Polar Spirit (built 1993). Teekay LNG Partners confirms Petrobras charter extension This will be at a higher rate than its previous deal. In addition, one-year contracts were signed
  • Dof warns of loan defaults and covenant breaches
    Tough OSV markets have forced Dof to warn it is likely to be unable to pay back some bank loans and be in breach of covenants. Despite a recent recovery in rates, particularly for platform supply vessels (PSVs), the Norwegian group said that due to a "continued challenging market situation" it had been very difficult to carry out its regular rollover of existing loans. "This new situation is lik
  • Cosco's tanker arm begins trial operation of VLCC pool
    During the pilot stage, the Chinese tanker giant is operating more than 50 VLCCs via a newly established internal department
  • Maran Gas Maritime poised to bump up tally at DSME
    Maran Gas Maritime is set to increase its huge LNG carrier orderbook by declaring an 'optional newbuilding slot in South Korea. Maran Gas boosts LNG fleet after locking ship into JERA charter Newbuilding sources said the John Angelicoussis-led company has already inked the option with favoured shipbuilder DSME. They said the addition will give the Greek shipowner a fleet of 43 LNG vessels - 29
  • Shareholder lawsuit targets Dynagas over cash flow and dividend claims
    Investor claims shipowner obscured details of charters on two vessels and maintained that it had the cash to cover payouts to shareholders
  • Jens & Waller lifts fleet to 10 containerships
    German boxship owner Reederei Jens & Waller has taken its fleet into double figures with the purchase of another feeder vessel. The Drochtersen-based company has emerged as the buyer of the 1,118-teu Max Centaur (built 2007), its seventh feeder container vessel in two years, managing director Ulf Jens has confirmed. Bertram Rickmers targets 40 ships in feeder segment The vessel, renamed Jette,
  • Seadrill cuts first quarter loss to $296m
    John Fredriksen's restructured Seadrill has reduced its first quarter loss as revenue rose. The drillship player said the net deficit was $296m, against $360m in the fourth quarter of 2018. Revenue rose to $302m from $292m, while operating expenses were $399m, versus $382m. The company has 35 rigs of its own and manages another 11 for Seadrill Partners, five for Seamex and two for Fredriksen's
  • Rickmers' return: The son also rises
    Bertram Rickmers couldn't keep away from shipping for long. He's back with a new venture, and this time he is teaming up with his son
  • Can you really turn your ship into a convertible?
    Norway's Teco Group claims it is developing technology that can convert HFO into low-sulphur fuel onboard vessels as an alternative to a scrubber. Too good to be true?
  • BW plans Oslo listing for BW Energy
    BW Group FPSO company BW Offshore (BWO) is planning a separate listing in Oslo for its exploration and production (E&P) business. BW Energy will be set up "with a diversified portfolio of production and development assets," it said. BW Offshore scrapping laid-up FSO for $20m BW Offshore notes improving market as profit returns BWO said there is substantial growth potential with its unique low-
  • Court rules cash buyers can be pursued over PNB debts
    A UK high court judge has ruled two Indian cash buyers can be pursued over bank debts. Christopher Hancock QC, sitting as a judge, said Punjab National Bank (PNB) had been trying to recover $18.5m plus interest from defendants Boris Shipping, registered in the Marshall Islands, and Jarc Shipping, registered in St Vincent and the Grenadines. Court nullifies Gaddafi S&P bribery award Evergreen su
  • Japanese intervention postpones new coatings regulations
    A proposed revision to an international convention that would force shipowners to remove or seal coatings containing cybutryne has been delayed after an objection by Japan. A draft amendment to the International Convention on the Control of Harmful Anti-Fouling Systems on Ships had been tabled for approval at last week's Marine Environment Protection Committee (MEPC) meeting at the IMO, following
  • Celsius lifts fleet to 43 with from Oltmann containership
    Danish shipowner Celsius Shipping has added another boxship, bringing its fleet to 43. The Jeppe Jensen-led company has confirmed the purchase of the 4,132-teu containership JPO Capricornus (built 2005) from German KG (limited partnership) shipowner Oltmann. Buyers swoop on cut-price classic panamax boxships Celsius Shipping cuts new turf in the product tanker market with Interorient deal The
  • Pavimar seals its first S&P deal of 2019
    Pavimar has concluded its first vessel purchase of the year. The Ismini Panayiotides-led company has bought the 78,000-dwt Japanese-controlled panamax bulker Lake Dahlia (built 2009) for $13.8m, taking its managed fleet to 16 ships. The Sanoyas Shipbuilding-constructed Lake Dahlia has just passed special survey, which could explain what is seen as a fairly strong price for the vessel. Some brok
  • Cruise lines watch nervously as Middle East tensions rise
    Exotic cruises in the Middle East have become popular, but that could change if regional tensions escalate
  • Brightoil staff launch e-business independent of troubled owner
    New platform connects shipowners and service providers worldwide
  • Beleaguered Brightoil in talks with lenders to get tankers trading again
    Owner holds discussions with Western institutions to sell and lease back fleet
  • Antong troubles roil China's domestic liner market
    Brothers Guo Dongze and Guo Dongsheng are struggling to contain a financial emergency at one of China's biggest private shipowning companies
  • CMB's Bocimar takes $14m for ageing capesize bulker
    Belgian capesize giant Bocimar has secured a firm price for one of its elderly vessels. Bocimar chief executive Benoit Timmermans confirmed the 171,000-dwt Mineral China (built 2003) had been sold. Cosmoship Management picks up Bocimar handysize trio Bocimar and Oak Maritime put capesize bulker up for sale Brokers in Europe said the Hyundai Heavy Industries-built ship has gone for $14m to a So
  • Saudi Aramco agrees LNG SPA with Sempra Energy
    Agreement has potential to be one of the largest LNG deals ever signed, says Wood Mackenzie.
  • Hyundai wins orders for two LNG carriers, six tankers
    Hyundai Heavy Industries and its subsidiaries have secured newbuilding orders for two 180,000-cbm LNG carriers and six tankers, the shipbuilder confirmed Thursday. Capital Gas nudges up LNG carrier newbuilding total The world's largest shipbuilder said the LNG contracts were worth KRW 463.8bn ($389.5m), with deliveries set for the middle of 2022. The group also said affiliates Hyundai Mipo Dock
  • Nine-year-old boxship heads for demolition beach
    VesselsValue says ship is third youngest container vessel ever to be sold for scrap.
  • UK detains Greek bulker for failing PSC inspection
    Marshall Islands-flagged supramax held in port of Southampton for a total of six days.

American Shipperweb site
MAY 23, 2019
  • Trump walks out of meeting with Pelosi and Schumer
    President Trump said he told House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer to "get these phony investigations over with."
  • Rail demurrage, accessorial fees 'death by a thousand cuts'
    American shippers tell Surface Transportation Board that they're unfairly charged for new, unrealistic cargo equipment deadlines established by the Class I railroads' network changes.
  • Republicans accuse Democrats of slow-walking USMCA
    Subcommittee Chairman Earl Blumenauer, D-Ore., says the agreement won't be "jammed through" his panel or the House Ways and Means Committee.
  • T-HUD appropriates $225 million for port infrastructure
    The subcommittee favorably reported to the full Appropriations Committee its fiscal year 2020 funding bill, which includes $1.1 billion for the Maritime Administration.
  • Input sought on automated driving system technologies
  • Lawmakers honored for championing ports, maritime industry
  • CMA CGM orders container trackers
  • 'K' Line reduces executive salaries by 10%
  • C.H. Robinson acquires European trucking specialist
  • Executive Moves: Transplace, TAPA, Thordon Bearings

The Bunker Bulletinweb site
MAY 23, 2019
  • Bunker testing company VPS sees wide range of 0.5% S fuel viscosity
  • Spain's Cepsa aims for premium position within 0.5% sulfur bunker market
  • Trafigura flags support for global slow steaming policy to curb emissions
    Trafigura is supportive of a slow steaming policy being implemented within six to 18 months, Nielsen said.
  • INTERVIEW: Total Marine Fuels Global Solutions readies for IMO 2020-MD
    "Total has stepped up its preparations very rapidly," Total Marine MD Jérôme Leprince-Ringuet said
  • Panama Canal postpones sixth draft restriction to June 12
    "We will continue to monitor the level of Gatun Lake and announce future draft adjustments in a timely manner," PCA 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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