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BRIEFS
October 25, 2019
Sched Netweb site
  • Growth in global container port volumes under threat: report warns
  • K+N's Q3 turnover dips slightly but EBIT surges 16pc to US$282m
  • DP World sees Q3 box traffic grow 1.1pc globally to 17.7m TEU
  • President Trump lifts sanctions on Turkish officials and ministries following ceasefire
  • Antwerp port's box volume from January to September rises 6.4pc to 8.87m TEU
  • Oakland port's Q1-3 loaded box throughput is up 3.1pc
  • Chittagong port looks to container conveyor system to reduce truck congestion
  • West Africa is a hotspot for maritime piracy, kidnap and armed robbery
  • FedEx partners with Wing Aviation to trial first drone delivery service in the US
  • Saudia Cargo's pharma operations achieve EU accreditation
  • Turkish Cargo to start B777 freighter service from Istanbul to Kuala Lumpur

Exim Indiaweb site
OCTOBER 24, 2019
  • "K" Line, MOL & NYK share data with ONE through the common data platform IoS-OP
  • Bahri's net profit surges 81 pc in Q3
  • Höegh Autoliners' liner service secures transportation of critical break-bulk cargo
  • MSC introduces new app for myMSC
  • Single use plastics prohibited on ships whilst in Indian waters
  • Transnational Shipping Lines LLC launches MBX service
  • India turns refined copper importer after a gap
  • Japan seen having huge export potential for India
  • Plea to stop duty-free import of edible oil via Nepal, Bangladesh
  • PICT handles its first CONCOR container movement
  • Q3 volume growth mainly driven by containers at Rotterdam Port
  • Shipping Ministry observes Swachhta Hi Sewa & Swachhta Pakhwada
  • Cabinet approves railway cooperation with European Commission
  • IMF sees India's GDP rebounding to 7 pc in 2020
  • India jumps 14 positions in global ease of doing business rankings
  • Minister approves two Open General Export Licences in major push for defence exports
  • Re-export should be made easy

International Transport Journalweb site
  • Building blocks of a digital platform
  • New intermodal service to and from Italy and Norway
  • Fiata World Congress 2022 in Panama
  • Transfrigoroute becomes a member of BGL
  • GVZ Augsburg: New logistic hall inaugurated
  • Avoiding the northern route: MSC joins the club
  • Air France KLM Martinair Cargo adds more services
  • IPO of ESR
  • Starting a new chapter
  • Awards for the air charter industry
  • The Russia Express Service returns
  • VIP visit to Stuttgart
  • "Curiosity of the Day"
  • Vestiaire Collective uses Descartes Customs Info
  • Moving from UK to Singapore
  • Customised hardware for trailer telematics
  • DC-3 ditches in the sea near Nassau
  • Iumi wants more fire resistance

The Loadstarweb site
OCTOBER 24, 2019
  • Still-bullish charter market being driven by more scrubber fitting
  • No heavy lifting for us, vows DHL eCommerce
  • People still key to success, says CHR, 'we want talent with tec expertise'
  • Analysis: Coming soon - that Halloween moment for 'more together' DSV Panalpina
  • 2M extends suspension of AE2/Swan loop by two weeks
  • Lufthansa Cargo set to phase out MD-11Fs
  • Crane Worldwide appoints Alexandra Kleinschmidt to lead customs brokerage
  • What Ceva's China-Europe trucking service means for freight routes
  • M&A radar: Partial sale of Ceva the only certainty as deal smoke thickens

Marine Logweb site
OCTOBER 24, 2019
  • Everett Ship Repair offers new Pacific Northwest ship repair option
    Ice Cap Holdings, the parent company of Ice Floe, LLC, dba Nichols Brothers Boat Builders (NBBB) has expanded its shipyard presence to include a service and repair facility in Everett, Wash. Established
  • Viking Line newbuild is packed with climate smarts
    Finland's Viking Line says that its newbuild cruise ferry, the 63,000 gt M/S Viking Glory, will be one of the most climate-smart passenger ships in the world. It estimates that the ship,
  • EDBG to provide functional design for hybrid-electric WSF Olympic ferries
    Seattle, Wash., headquartered Elliott Bay Design Group (EBDG) reports that Vigor has selected it as the engineering firm that will provide functional design for the new Washington State Ferries (WSF) hybrid-electric Olympic
  • Gas Entec wins cargo handling EPC contract for Asia's largest LNG bunkering vessel
    Busan, Korea, headquartered Gas Entec Co. Ltd. (Gas Entec) has won a contract from Sembcorp Marine under which it will provide the engineering, procurement and construction (EPC) of the cargo handling system
  • Satcom milestone: KVH ships 10,000th VSAT system
    Maritime mobile connectivity leader KVH Industries, Inc., (Nasdaq: KVHI), has shipped its 10,000th VSAT satellite communications system. This is the latest milestone for a company whose maritime satcom innovation began in 2007

Lloyd's Listweb site
OCTOBER 24, 2019
  • Expect general increases from most clubs, Standard chief executive predicts
    'Most clubs would need to increase their rates, and I suspect that most clubs will announce a general increase,' says...
  • DHT to postpone scrubber fittings given tanker spot market bull run
    Company executives say that the highest rate it achieved during the recent market frenzy was $190,000 per day
  • Maersk seeks to create supply for demand
    In concentrating industry focus on a few viable options, Maersk hopes to build a market for vendors to sell into
  • Fuel price spreads show signs of IMO 2020 impact
    Heavy fuel oil prices have fallen to the lowest level in three years
  • Wind propulsion cuts Maersk Tankers emissions
    A year long trial cut down fuel consumption and emissions for the Maersk Pelican by 8.2%
  • Maersk calls for focused development of new fuels
    Danish carrier to focus on alcohol, biomethane and ammonia in an effort to concentrate industry efforts in developing new fuels...
  • Nippon Foundation chairman leads drive for ocean understanding through seabed mapping
    Merchant shipping has a role to play in mapping the world's ocean floors. The Chairman of Nippon Foundation told Lloyd's...
  • Stena Line fined £400k following vehicle incident
    Horrific injuries caused to a port service operative crushed by a van being reversed off the vessel Stena Lagan onto...
  • Viewpoint: Combining aid and training
    The call to locate a multi-purpose disaster relief vessel in the Caribbean is one the shipping authorities should heed
  • Shipping leads Moore Global move to become more interconnected
    Moore Stephens has rebranded to underline a more international and collaborative approach and the new Greek-led global shipping group within...
  • CDB offers $629m loans to Nigeria deepsea port
    Lekki port will become one of the deepest not only in Nigeria but also in sub-Saharan Africa when completed
  • Daily Briefing
    Free to read: Speculation rife over possible Singapore yard merger | More large ships in layup for scrubber retrofits |...
  • Costamare triples profit on back of post-panamax demand
    Costamare has also completed the refinancing of two 2013-built, 8,827 teu vessels for up to $94m with an unidentified European...
  • SembMarine awards LNG cargo system engineering contract to Korea's Gas Entec
    The 12,000 cu m LNG bunker tanker will be the largest in Asia when it enters in service in 2021
  • Cosco restructures LNG shipping business to avoid US sanctions
    But the move has not perked up CSET's share price on both the Shanghai and Hong Kong bourses
  • New Orleans port director leverages railroad to boost container throughput
    'In our business, there is volatility in commodities,' New Orleans port director says. 'So we want to stay diverse in...

The Journal of Commerceweb site
OCTOBER 24, 2019
  • Protests again disrupt rail service into Lazaro Cardenas
  • ODFL earnings slip underscores US LTL 'softness'
  • Tax credit termination accelerates US wind development
  • No sign of recovery for slumping air cargo market
  • New space won't reverse climb in US warehouse rents: report
  • NY-NJ ports chief warms relations with ILA
  • Top global transport providers grew in tumultuous 2018

TradeWindsweb site
OCTOBER 24, 2019
  • DHT results forecast fourth quarter for tankers
    DHT reported a third quarter loss, but $61,500 per day rates for the fourth quarter thus far
  • Safe Bulkers sees less profit, misses estimates
    Safe Bulkers' earnings have fallen amid higher expenses. The Polys Hajioannou-led owner's adjusted profit for the third quarter came in at $5.87m, down from $8.19m during the same period last year. Adjusted earnings per share (EPS) totalled $0.03, missing analysts' estimates by $0.01. Adjusted EPS attributable to common shareholders was $2.99m versus $5.32m a year ago. Revenue remained flat, e
  • Norden lowers full-year forecast on accounting error
    Norden has lowered its expectations for 2019 after discovering a mistake in its bookkeeping. The Danish owner and operator of bulkers and tankers lessened its forecast to $10m to $45m from $25m to $60m upon seeing the calculation error while updating estimates for its upcoming third-quarter earnings report. The miscalculation was related to adjustments to the tanker sector's profit but will not
  • Apparent US grace period sends tanker investors scurrying
    A heavily-legal notice from OFAC pushed tanker shares down Thursday
  • Castor Maritime buys Pavimar panamax amid fleet renewal
    Another 14-year-old bulk carrier has changed hands
  • Lines pay the price as shippers switch to low-emission services
    Operators under pressure to cut their carbon footprint or watch customers take their business elsewhere
  • Two shipowners do battle over Total's LNG bunker vessel
    Contest between membrane-type containment system and type-C cargo tanks kicks off again for major's second large unit
  • Nine ships could hit sales block as POSH winds up joint venture
    Robert Kuok-backed owner's AHTS partnership hits the buffers after loan defaults
  • Teekay group finally ready to meet with investors
    Having put its sanctions issues behind it, the Teekay group is ready to meet with investors. The shipowning group will meet with existing and prospective shareholders 14 November, the morning after it plans to release its third quarter earnings. Teekay-China LNG Shipping vessels freed from US sanctions Teekay had initially scheduled its investor day for 2 October, but postponed it indefinitely
  • Eastern Pacific turns to Hyundai Mipo for dual-fuel MR tankers
    Deal would be for two firm newbuildings with delivery in late 2021, plus two optional units
  • Shipping proves career of choice for Roed family's new generation
    Norse Group has re-entered bulker and tanker segments with 34-year-old Sebastian Roed at the helm
  • NGO Shipbreaking Platform warns dodgy demo deals are a 'serious crime'
    Recent fine on Wirana in Norway for attempting to scrap ship in Asia should serve as a warning to owners, says environmental group
  • Maersk, LR back alcohols and ammonia to solve eco-fuel question
    New study confirms best decarbonising options are new sustainable energy sources
  • Impairments drop at DNB as shipping and offshore improve
    But Norwegian lender hit by fall-out from Thomas Cook collapse in third quarter
  • Empros scoops up ultramax as Japanese ships go on sale
    Greek company strikes as more such bulkers become available on the secondhand market
  • Trading house Trafigura gets busy with MR tanker relets
    Koch Industries takes one ship for a year at more than $19,000 per day
  • V.Group recruits second new CFO in a year
    Shipmanager brings in Petter Traaholt to replace Alison Henriksen, who only joined in March.
  • Evergas multigas ship shifts to LNG under New Fortress charter
    Chemical giant Ineos relets Dragon-class vessel to supply gas-hungry Jamaica import projects
  • Dof Subsea wins new contracts in Africa and standstill with bondholders
    Two vessels owned by Dof Subsea have won contracts in Africa that will employ the pair for over 160 days. Dof eyes $22m in new equity to help rescue Dof Subsea Dof Subsea bondholders demand more information on refinancing The 6,000-dwt multipurpose supply vessel (MPSV) Skandi Seven (built 2008) has commenced a new contract, working on subsea infrastructure for an existing unnamed customer in An
  • Big firms tend to go early in shipping decarbonisation, poll finds
    A TradeWinds Knowledge survey has revealed companies with more than 50 headcounts are more keen in low-carbon shipping
  • Transpetrol secures long-term charter for MR newbuilding
    Belgian shipowner clinches long-term employment for 50,000-dwt vessel due for delivery next year
  • Union Maritime maintains momentum with ageing MR sales
    UK-based shipowner Union Maritime continues to be a very active player in the sale-and-purchase market with the sale of two MR tankers just a couple of weeks after buying two aframax tankers from the former fleet of Brightoil Petroleum. European brokers said Union Maritime has sold the STX-built, 51,000-dwt Chase and Lincoln (both built 2004) to an undisclosed buyer for $11m each. Union Maritim
  • Tanker surge sees Gundy's unified broking dream come together
    Braemar ACM chief reveals the teamwork that helped shipbroker capitalise on recent market turmoil
  • Braemar pulls together three-year plan as it reviews strategy
    Chairman Ronald Series tells TradeWinds that management must now decide how to resource the business after sale of most of technical division.
  • Norwegian Hull Club offers scrubber cover
    Shipowners can now insure against breakdown of IMO 2020 exhaust gas cleaning systems
  • Cosco rejigs shareholdings to free LNG carriers from sanctions
    Six Arc7 vessels for Yamal LNG owned by Teekay and Chinese partner to resume normal operations
  • Anthony Firmin appointed Britannia P&I chairman
    Former Hapag-Lloyd executive takes over from Nigel Palmer
  • Braemar cuts loss as core shipbroking business improves
    UK broker says investment is now paying off and company poised to capitalise on better shipping markets
  • Iraq readies itself for fully-loaded 14,000-teu boxships
    Basra port aims to attract more and bigger ships following investments in new berths, says ICTSI
  • ST Engineering faces $18m dispute payout to Hornbeck
    Singapore group's VT Halter Marine sees claim from owner reduced by arbitration panel
  • Fearnleys eyes Asia expansion as it marks 150th anniversary
    Norway's top shipbroking firm is expanding its footprint in Singapore, Astrup Fearnley group chief executive Even Matre Ellingsen has confirmed to TradeWinds. The men sculpting the future of 150-year old Astrup Fearnley The company plans to establish its LNG Advisory Services and grow the activities of Fearnley Offshore in the Lion City. News of the growth came as the top brass from the Oslo-ba
  • Growing China-Brazil ties driving surge in Asia-ECSA trade
    China's pivot away from US to South America suggest bright future for route, says ClipperData

American Shipperweb site
OCTOBER 24, 2019
  • WiseTech defends against second attack by J Capital
    Global logistics software developer WiseTech (ASX: WTC) has come under renewed attack from investment advisor company J Capital. WiseTech continues to reject all claims of...
  • TFI reveals trucking, logistics acquisitions
    Canadian firm's earnings report reveals August purchases of Quebec cross-border carrier Craler and Georgia-based logistics provider
  • Debt-burdened HMM to issue $562.4 million convertible bond
    South Korea-based ocean box shipping line Hyundai Merchant Marine (KRX: 011200) has revealed plans to issue a 660 billion Korean won (US$562.4 million) convertible bond....
  • Forward Air steady against easier comps
    Forward Air management guided for negative EPS growth in the fourth quarter.
  • Alaska Air soars in Q3
    Alaska Air Group [NYSE: ALK] has caught an updraft after initial turbulence digesting its 2016 acquisition of Virgin America, reporting third-quarter adjusted pre-tax profit margin...
  • Triple whammy hits Universal Logistics Q3 earnings
    General Motors strike, a personal injury lawsuit and soft freight market drive across- the-board losses.
  • Werner reports second-best ever 3Q earnings despite softer freight environment
    Werner Enterprises Inc. reported net income of $39 million, or $0.56 per share, for the third quarter in 2019.
  • TFI powers through flat quarter with resilient truckload businesses
    Canadian and U.S. trucking units continue to squeeze revenue and profits from uneven freight market as LTL and last-mile deliver uneven performance.
  • Amazon's third-quarter revenue surges, but so do its shipping costs
    Amazon.com. Inc. (NASDAQ:AMZN) late Thursday reported third-quarter revenue of $70 billion, a 24% increase over the same period in 2018, as well as a 46%...
  • Load volumes continue to decelerate into the peak holiday shopping season
    This Week's DHL Supply Chain/FreightWaves Pricing Power Index: 25 (Shippers) Last Week's DHL Supply Chain/FreightWaves Pricing Power Index: 25 (Shippers) Three-Month DHL Supply Chain/FreightWaves Pricing...
  • Flying freight: Delta Cargo Vice President spotlights the airline's freight operations
    Shawn Cole spotlights Delta's large-scale cargo operations, which is bigger than you might expect.
  • Trinity Industries reports improved year-over-year growth in revenue, operating profit and earnings per share
    Trinity Industries Inc. (NASDAQ: TRN) reported third-quarter net income of $49 million and earnings per share (EPS) of $0.39, compared to net income of $27.9...
  • Slump persists for North American rail volumes
    Rail volumes fell yet again and the industry is casting its doubts about the fourth quarter.
  • Cummins presses lawmakers on national emissions standard
    Truck engine maker testifies on prospects for "net zero" pollution by 2050.
  • Maersk outlines fuel choices for shipping's carbon-free future
    Ocean carrier says the onus in on marine fuel suppliers to scale up production to meet target dates.
  • NFI finds spotlighting female drivers helps recruit other women
    Drive My Way CEO also advises attendees at the Women In Trucking conference to use woman-to-woman messaging.
  • Freight Futures daily curve: 10/24
    Trucking Freight Futures relatively unchanged in quiet Wednesday trading session.
  • U.S. Commerce Department announces new anti-dumping investigation of Mexican steel rebar
    The U.S. Department of Commerce has opened an inquiry into whether companies are circumventing anti-dumping and countervailing duty orders on steel rebar from Mexico by...
  • Triton International says container lessors see continuing weak demand
    The container leasing company Triton International said it had "solid" financial performance in the third quarter despite weak leasing demand since last fall.
  • Norway's sovereign wealth fund acquires London logistics property
    Logistics investments are core assets for Norwegian oil fund
  • American Airlines beats Q3 earnings estimates despite operational, cargo difficulties
    Updated at 3:15 p.m. EST. Earnings call adds. Cargo business fell during a challenging third quarter for American Airlines [NASDAQ: AAL], which faced operational disruptions...
  • Smorgasbord of weather slowing down late-week supply chains
    Snowstorm causing problems in a once-thriving freight market out west. Fires, wind, rain in other regions of U.S.
  • Today Pickup: Fabric raises $110 million to grow automated retail logistics platform
    New York startup to jolt U.S. growth with micro-fulfillment centers that aim to give small retailers relevance in the Amazon age.
  • U.S. exporters feel lion's share of pain in U.S.-China trade dispute
    Lost in the US-China's trade war's impact on imports is the devastating effect on US exports
  • Smaller fleets resist dash cams despite their exoneration of drivers
    Among the resistant 30%, reasons to avoid dash cams range from protecting driver privacy to the fear of driver turnover.
  • DHT provides inside glimpse of crude-tanker 'frenzy'
    Top shipping execs reveal the inside story of the recent crude-tanker rate maelstrom.
  • K+N: Forget air cargo peak season this year
    The world's second-largest 3PL does not expect a rebound in air cargo markets until the second half of 2020.
  • Daimler AG reports improved Q3 results but warns of tough times ahead
    Daimler AG reported high sales and earnings in the third quarter but is cautioning that tougher times lie ahead for its Mercedes-Benz car and Daimler...
  • SmartDrive Video Insights: what it takes to keep drivers in the fold
    The latest in a series of collaborative videos and commentary between FreightWaves and SmartDrive.
  • Old Dominion revenue drops for first time in three years as macro weakness bites
    Old Dominion posts first year-on-year revenue drop in 3 years as macro weakness hits home
  • Driver qualification, detention among DOT 2020 priorities
    Prioritizing high-risk motor carriers for interventions an added challenge.
  • Market to decide shipper bill for IMO 2020
    Shippers will shun container lines that lack transparency or overcharge for low-sulfur fuels.
  • Costamare sees better third-quarter thanks to having more ships
    Container ship lessor says charter rates on larger vessels is improving as supply falls.
  • China continues seaport consolidation as Dalian offer goes unconditional
    Broadford Global has made a mandatory unconditional offer for all the H shares in the dual-listed Dalian Port Co. (HKEX: 2880 and SSE: 601880) of...

The Bunker Bulletinweb site
OCTOBER 24, 2019
  • Crude holds strength following Wednesday rally
    Crude futures settled higher Thursday, following through on Wednesday's rally on a draw in US inventories.
  • ARA diesel, gasoil stocks drop 4.2% on week: Insights Global
    Diesel and gasoil inventories in the Amsterdam-Rotterdam-Antwerp trading hub dipped 4.2% on the week.
  • South Korean Hyundai Oilbank to sell VLSFO from early November
    "Hyundai Oilbank [already] has some contracts for VLSFO supplies," a company official said.
  • Bunker industry faces $2-4 billion IMO 2020 credit squeeze
    "We are expecting a 30-40% price increase which automatically leads to a liquidity need of $2-4 billion going forward," Molfetas said.
  • Japan, Saudi Arabia to renew crude oil storage deal in Okinawa
    "It is significant to renew the joint crude oil storage project," Minister of Economy, Trade and Industry Isshu Sugawara said.
  • Lloyds proposes LNG terminal offshore Alaska North Slope to bring cargoes to Asia
    "We've been trying to market North Slope gas by pipeline for 50 years and nothing has worked," Treadwell said.

›››File
FROM THE HOME PAGE
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
They will have a gross tonnage of 54,300 tons and will be delivered in 2032
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
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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