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