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BRIEFS
April 29, 2019
Sched Netweb site
  • HPH Trust net profit falls 33pc to US$6.1 million, sales up 029pc
  • Cosco's OOCL first quarter revenue up 2.3pc to US$1.46 billion.
  • Cosco Shipping Ports Q1 profit fell 27.9pc but sales rose 4.1pc
  • ONE reports US$586 million net loss in first year of operation
  • ONE takes delivery of 14,052-TEU ship for Asia US east coast trade
  • Drewry says win-win shipping alliance terminal operations hard to find
  • ICS says shipping will enjoy improvement if overcapacity ends
  • Europe-Asia/North America box shipping capacity rises slightly
  • Six seamen kidnapped off Nigeria's Bonny Outer Anchorage
  • Planned East Coast Rail Link should help Malaysia's Westports
  • Russia to team up with China to develop an Arctic shipping route
  • Old Dominion Q1 profit up 21.9pc to US$133,323, sales rise 7.1pc
  • Cargotec suffers 8pc profit decline to US$33.7 million as sales rise 2pc
  • Hong Kong Airlines tells pilots to go to other Hainan carriers
  • Forward Air Q1 profit up 3.9pc to US$18.4 million, sales rise 6.2pc
  • Kenyan tax men crack down on non-compliant import/export firms
  • Flydubai Cargo is named Air Cargo Operator of the Year 2019

International Transport Journalweb site
  • A key regional hub
  • Network lauds international partners
  • Bogotá receives laurels from American Airlines
  • Senator International now in Karlsruhe
  • Own petrol station network reduces fuel costs
  • Hapag Lloyd sustainability reports includes SDG
  • 40 years of Transland
  • Eco locomotive replaces old switcher in California
  • Panalpina expands perishables network
  • CMA CGM enlarges digital portfolio
  • Julie Black of Hunt & Palmer becomes deputy chair of Baca
  • Vienna calling - Air Canada coming
  • "Curiosity of the Day"
  • Fedex Express opens logistics centre in Panama
  • New man for Weserport
  • Russian forwarder continues to invest heavily in fleet
  • Container throughput solid in February says Drewry
  • First Taiwanese airline is Iata CEIV Pharma certified

The Loadstarweb site
APRIL 26, 2019
  • $586m loss hits ONE's parent carriers, only MOL manages to stay in the black
  • Cargolux chief: 'I won't drop prices to get tonnage' in a challenging 2019
  • US-Mexico border congestion eases, but 'we are weeks from normal service'
  • UPS chief determined to stay positive, despite declining profits in Q1
  • P&O cries 'ferry foul' and demands £33m payout to match Eurotunnel's
  • Rebound Returns appoints Colin Griffin as executive vice president
  • Supply chain radar: Amazon Logistics isn't picking a fight - rather, it needs your help

Marine Logweb site
APRIL 26, 2019
  • AIDAnova notches up two more LNG fueling firsts
    Carnival Corporation's AIDAnova, operated by its Germany-based AIDA Cruises brand, today became the first LNG fueled cruise to visit Barcelona, Spain -and the first to be fueled with LNG in the Mediterranean.
  • Total to hold New York Global Sulfur Cap Forum
    On May 9, New York's Intrepid Sea Air & Space Museum will be the site of one of a series of Global Sulfur Cap Forums being presented by Total at shipping centers
  • Is this how to make almost any tug an icebreaker?
    A new Finnish initiative would enable any ice strengthened vessel to be used for icebreaking, using a motorized removable bow powered by Danfoss Editron. The Finnish Transport Infrastructure Agency has launched a
  • Newly-merged EnscoRowan takes delivery of jack-up
    Offshore driller EnscoRowan has taken delivery of its first newbuilding rig since its formation by the merger of Ensco plc and Rowan Companies plc, which completed April 11, The rig, the harsh

Lloyd's Listweb site
APRIL 26, 2019
  • Digitalisation survey identifies owners' enthusiasm for new tech - along with the common need for a solid business case to justify investment
    A survey of attitudes towards digitalisation reveals that most shipping professionals are keen to explore new technology as a solution...
  • From the News Desk: Businesses are also a cyber risk
    Forum in Athens to ponder the massive danger of cyber criminals using ships as weapons
  • Will Stellar Daisy lessons be learned too late?
    An industry participant has said that by the time any amendments are made for improved safety, the converted very large...
  • Iran-China crude flow is moving via ship-to-ship transfer network
    Lloyd's List vessel tracking data reveals how a network of Chinese-controlled tankers are moving Iranian crude and switching off AIS...
  • Marine rates hardening in US, Middle East and Singapore
    'Ultimately from a broker's standpoint, the market would seem to be - from a geographic standpoint - equalising and calming...
  • OOCL revenue and volumes rise in first quarter
    Slow growth in transpacific and intra-Asia trades constrains growth at Hong Kong-based carrier
  • The Lloyd's List Podcast: Here's how we decarbonise shipping
    Listen to the latest edition of Lloyd's List's weekly podcast - your weekly briefing on the stories shaping shipping in...
  • Shipping's 'Paris Agreement' needs its regulators
    At one year old, shipping's 'Paris Agreement' requires regulators taking bold steps if it is to grow into something meaningful
  • Yard Talk | Chance for a Japanese renaissance
    South Korea and China have eaten away at the Japanese share of the shipbuilding market in recent years
  • Tanker trends: Certainty of uncertainty
    Tanker demolition is not expected to accelerate until the end of the year, when owners will gain clarity about how...
  • Hutchison Port Holdings lowers container throughput growth forecast
    HPH chief executive Gerry Yim has warned of 'a slowdown' at Yantian terminals this year, though qualifying that there has been no sign of...
  • MOL back in the black as domestic rivals struggle
    All three lines expressed optimism that their investments in the ONE container shipping joint venture would finally bear fruit and...
  • P&O sues UK over no-deal Brexit ferry contracts
    P&O claims that the award of £33m of public money to Eurotunnel put its business at a 'competitive disadvantage'
  • Container freight rates set to remain subdued
    Efforts to maintain capacity discipline have failed to raise the outlook for rates
  • Bunker Holding Group secures $1bn credit facility
    The new money will help refinance and increase a $650m revolving credit facility
  • Western Bulk appoints new chief executive as Ismar exits
    The new head Hans Aasn's, who was appointed by the board, assumes his role in July
  • The Interview: Richard Turner
    Son of an Anglican priest from Essex, Richard Turner now heads both the International Union of Marine Insurance and RSA's...
  • Daily Briefing
    LNG capacity expecting approval hits new high | Russia starts new plant to supply LNG bunker | Exclusive interview with...
  • Petronas takes 50% stake in Brazilian offshore fields
    Move marks an important milestone for Petronas as the company diversifies and expands its oil business portfolio in South America
  • Novatek sells stake in Arctic LNG 2 project to China
    China is seen as one of the key consuming markets for Novatek's LNG sales and the Russian company has previously...
  • ONE expects profits in fiscal year 2019
    ONE posted a net loss of $96m in the fourth quarter ended March 31, 2019
  • Port of Los Angeles moves to counter maritime cyber crime
    The proposed centre will be a collaborative effort to share cyber threat information across a range of companies within the...
  • NYK replaces president after huge losses
    Nagasawa currently oversees the company's automotive transport, dry bulk and energy shipping businesses
  • Pengerang completes first LNGC gas up-cool down
    Petronas-owned LNG carrier Puteri Zamrud Satu has already departed from Pengerang on completing the gassing up and cooling down operation and...
  • Okeanis sees tanker market uplift from third quarter
    Chairman and chief executive Ioannis Alafouzos says new company is primed to seize a generational opportunity
  • Tyler Baron becomes Minerva Bunkering CEO
    Mr Baron was one of three board appointments made last May to end litigation from a group of activist investors
  • US west coast container imports dip year on year
    By comparison, this February the nine US east coast ports monitored by the PMSA posted a combined increase of 3.3%...

The Journal of Commerceweb site
APRIL 26, 2019
  • Railroads work to speed US, Canada truck gates
  • Rhine container surcharges return due to draft drop
  • Oakland port's truck mitigation plan advances
  • LTL carrier Estes Express bids on NEMF flatbed assets
  • ONE expects 2019 profit after last year's loss
  • Port of LA enlists industry to fend off cyber threats
  • HMM's new CEO drives service changes
  • MPV/HL rates buck gloomy outlook

TradeWindsweb site
APRIL 26, 2019
  • Knud E Hansen goes back to China for ro-ros
    Knud E Hansen is going back to Nanjing Jinling Shipyard to develop three more ro-ros for the Grimaldi Group. Knud E Hansen unveils Grimaldi ro-ros This time, the Danish ship designer is working on ships for the Italian shipower's subsidiary Finnlines. The trio of ships are expected to be delivered starting in 2021 and will have more than 5,000 square metres of vehcile decks while carrying the h
  • Bahamas to investigate 2017 Carnival sewage dumping
    US judge releases report showing 13 incidents in which Carnival illegally dumped treated sewage in Bahamian waters while on probation.
  • Cosco's container unit boosted by higher freight rates and OOIL deal
    Cosco Shipping Holdings says its dual-brand strategy is working as shipping revenues increase.
  • VLGC market remains on upward curve despite bull-run taking a breather
    VLGC owners have seen the second longest bull-run in history come to an end but analysts believe there is plenty more to come from the recovering market. Rates for the largest LPG carriers have been climbing consistently for the past month but lost a little ground yesterday to snap the winning sequence. Exmar set to finalise VLGC newbuilding order at China's Jiangnan Shipyard Promise of six-fig
  • Product tanker upturn the real deal, says Concordia Maritime chief Kim Ullman
    Product tanker owners are experiencing the early stages of a multi-year upturn, according to Concordia Maritime chief executive Kim Ullman. A first taste of the good times came in the final three months of 2018 and now volatility has arrived with rates at higher levels. Concordia Maritime clocks up profit as tanker market positions for cyclical takeoff Concordia Maritime: tanker market upswing
  • Chinese LNG investment crucial due to Russian sanctions
    Chinese investment in Russia's new Arctic LNG 2 project is viewed as vital by Deutsche Bank (DB) due to potential financing problems caused by western sanctions. China's CNOOC and CNPC each agreed to take a 10% stake in the Novatek-led scheme on Thursday, with France's Total already having bought 10%. Novatek to end LNG transhipment in Norway Chinese buy into Novatek's new Arctic LNG 2 project
  • P&O sues UK over Eurotunnel Brexit pay-out
    The fall-out from the UK's awarding of post-Brexit ferry contracts has continued with news that P&O Ferries is suing the government. The UK operator is objecting to a pay-out of £33m ($44m) to rival Eurotunnel to settle a court case against the UK state. UK faces paying out millions more in Brexit ferry fiasco UK government cancels Seaborne Brexit ferry contract This legal battle was prompted
  • Flagship China Shipbuilding Industry Corp unit sees costs chew into bottom line
    First-quarter results at China Shipbuilding Industry Co Ltd (CSICL) were hit by high steel costs and rising expenses in research and development, even as the Shanghai-listed shipbuilder managed to stay in the black on one-off accounting gains. Excluding all one-off items, CSICL posted net loss of CNY 535m ($79.4m) for January-March, compared with a net profit of CNY 255m during the same period of
  • Hong Kong shipowner TCC Group sells oldest capesize bulker for scrap
    TCC Group of Hong Kong is believed to have sold its oldest capesize bulker for demolition. Its move comes at a time shipowners are showing an appetite for scrapping bulkers at a relatively young age given a weak market this year. Korea Line Corp sells capesize bulker for scrap Seanergy Maritime eyes equity raise Vale mine reopening delivers 'very good news' for battered capesize market Source
  • Marshall Islands plans safety talks to prevent repeat of Stellar Daisy tragedy
    The Marshall Islands is set to open up talks at the IMO for a revision of the Safety of Life at Sea (Solas) convention to ensure bulk carrier conversions like the Stellar Daisy are built to a safe standard. The move comes following recommendations made in its report into the loss of the VLOC Stellar Daisy and 22 seafarers' lives in March 2017. The Stellar Daisy's technical dimensions, with its h
  • LSC takes on new Vitol VLGCs
    Latvia's LSC has taken over management of the first of Vitol's new VLGCs. The Vitol-controlled company already manages some of the group's tankers, but has now added the 84,000-cbm Vivit Dubhe to its fleet. Vitol boosts tanker fleet with Sargeant deal Vitol, Union Maritime move more MRs to LSC The ship was handed over last month from Hyundai Heavy Industries (HHI). LSC said the vessel is the
  • Box volumes and revenue rise at OOCL
    Hong Kong container line OOCL has posted an increase in container volumes and revenue for the first quarter. The owner, now controlled by China's Cosco, said it carried 1.6% more boxes at 1.6m teu year-on-year, up from 1.57m teu in 2018. Revenues jumped by 5.9% to $1.46bn, as loadable capacity increased by 2.3%. The overall load factor was 0.5% lower than the same period in 2018, but overall av
  • Johs Thode exits shipowning after selling last boxship
    Germany's Johs Thode has finally exited the shipowning business. The Hamburg-based shipowner is understood to have sold its last vessel, the 1,118-teu Hanse Fortune (built 2006). The container feeder vessel was the last of four vessels to be sold in the past few weeks. Details of the transaction remain unclear, but German financial sources said the companies that owned the Thode ships were decl
  • Tanker newbuilding deliveries reach record levels in first quarter of 2019, says Clarksons
    Tanker newbuilding deliveries reached record levels in the first quarter of 2019 bringing a sharp upturn in fleet growth after a stable 2018, according to data from Clarksons. Clarksons: markets 'recalibrating' ahead of IMO 2020 Case highlights 'massive misvaluation' of shipping companies in capital markets JP Morgan welcomes VLCC order slowdown after 'scary' start to 2019 With a front-loaded
  • Glencore faces second US trading probe
    Trading and chartering giant Glencore is facing another US probe. It said it had been informed that the US Commodity Futures Trading Commission (CFTC) is investigating whether the company may have violated certain provisions of the Commodity Exchange Act and/or CFTC regulations through corrupt practices in connection with commodities. "Glencore understands that the CFTC's investigations are at a
  • Novatek to end LNG transhipment in Norway
    Russian producer Novatek is set to end Yamal LNG cargo transhipment in Norway. It is planning to move the operation to the Murmansk region of Russia by the end of the year, the Interfax news agency reported. "We have agreed on a location with the defense ministry, it's close to Kildin Island, but we need a decision to expand the Murmansk port's territory, on checkpoints," said Novatek chairman L
  • NS United merging VLCC, gas and bulker operations
    Japanese owner NS United is combining its tanker and gas carriers operations with some of its bulker business. The idea is to "strengthen its energy services", it said. NS United boosted by rising capesize market Two coal carrier/bulker teams handling domestic and general services will be merged with its oil and gas team carrying out services and fuel procurement. The new energy group will be
  • Cosco Shipping Bulk turns to Beihai to extend newcastlemax newbuilding drive
    Cosco Shipping Bulk has swooped for three more newcastlemax newbuildings to add a second tranche of ships to a major project. Cosco Shipping Bulk inks first round of newbuildings in newcastlemax project Polaris Shipping appoints bookrunners for IPO in Oslo Fresh from inking up to 10 vessels at Cosco HI Yangzhou earlier this week it has now placed a trio of 210,000 dwt bulkers at CSIC Qingdao Be
  • Credit impairment rises at Swedbank
    Credit impairment is on the rise at Sweden's Swedbank. The lender said the figure for the first quarter was SEK 218m ($22.9m), up from SEK 127m in the same period of 2017. Swedbank slashes impairments in 2018 Net interest income was up at SEK 11.36bn versus SEK 10.68bn Net profit rose to SEK 5.27bn, against SEK 5.03bn in 2018. It highlighted increased loan volumes and said its credit quality
  • Dr Peters down to two tankers after sale of suezmax duo to Moundreas family
    German shipping player Dr Peters Group is left with just two tankers after selling an 18-year old suezmax duo to NGM Energy, a Moundreas family company. European market sources said the 150,000-dwt sisterships DS Symphony and DS Melody (both built 2001) changed hands at close to $12m each. The vessels, built at Sasebo Heavy Industries, were among a group of tankers redelivered to Dr Peters abou
  • Bunker Holding seals $1bn finance deal
    Danish fuel supplier Bunker Holding has secured new financing worth $1bn. The unsecured revolving credit facility involves a syndicate of 12 banks. PPG boosts financing to more than $700m The family-owned company said this is one of the largest corporate credit facilities to date in the industry and supports its continued growth and the need for further financial flexibility in the light of IMO
  • Containerships clobber K Line as result turns red
    Japanese giant K Line has slipped to a loss in the year to 31 March as its new containership venture with NYK and MOL hit the bottom line. The company said the net deficit was JPY 111bn ($99m), against a JPY 10bn profit in the previous 12 months. Revenue declined to JPY 837bn from JPY 1.62 trillion. New K Line CEO launches business review Bulkers saw profit grow to JPY 4.4bn from a loss of JPY
  • Trio vie for Hanjin's Subic yard
    Three foreign groups are battling to take over the Hanjin Heavy Industries & Construction shipyard in the Philippines. Hanjin's Philippines claims total $1.71bn The country's trade undersecretary Ceferino Rodolfo was cited by Business Mirror as saying that the trio had pledged to devise business plans for the company, which sought court rehabilitation in January after defaulting on debt. The th
  • Reborn owner Shanghai Junzheng Logistics plots fleet renewal after Sinochem deal
    Successor of Sinochem International Logistics is planning a gradual fleet renewal
  • Mitsui OSK Lines outperforms rivals as it returns to profit
    Wet and dry segments help offset poor performance and containership arm at Japanese giant.
  • LNG man set to take over the reins at NYK
    Forty-year company veteran set to be next president as Tadaaki Naito is named as next chairman.
  • Teekay LNG Partners confirms Petrobras charter extension
    US-listed LNG carrier owner also confirms that promised dividend increase has kicked in.
  • Impairments drag NYK to $400m full-year loss
    Continued problems at Ocean Network Express (ONE) continue to haunt Japanese liner giant.
  • Ultra Deep Solutions joins hunt for top secret jet fighter
    Singapore subsea owner's vessel has been chartered to help carry out underwater search.

American Shipperweb site
APRIL 26, 2019
  • Houston trying to balance shipping, energy industry interests
    The port also is looking to speed up a project to widen its main shipping channel.
  • Manufacturers need tools to adapt to USMCA
    Manufacturers should prepare for increased regional value content for the automobile sector, speakers said during an American Shipper webinar.
  • ONE reports $586 million loss in 2018-19 fiscal year
    Ocean Network Express, the container shipping company owned by NYK, MOL and "K" Line, forecasts a profit in the current fiscal year.
  • Japanese shipping companies expect better year ahead
    Results of NYK, MOL and "K" Line suffer from loss by their joint venture, Ocean Network Express.
  • USTR adds Saudi Arabia to high-priority IP concerns list
    The Office of the U.S. Trade Representative released its annual "Special 301" report on Thursday.
  • DHS steps up targeting of illicit opioids at source
    The Department of Homeland Security and Justice and State departments are working with counterparts in China, Mexico and Central and South America.
  • Executive Moves: Avianca, New Orleans Public Belt Railroad
  • Yantian Express set for repairs in China in August
  • Estes bids to acquire equipment from bankrupt trucker
  • APHIS keeps inspection reserve fund in place
  • CMA CGM adding Vietnam call during cashew nut season
  • Awards: Albwardy Damen to Transplace

The Bunker Bulletinweb site
APRIL 26, 2019
  • Trump asks OPEC to boost oil supply, blames state taxes for gasoline prices
    US President Donald Trump showed Friday he remains focused on domestic gasoline prices
  • China, US face off on Iranian crude flows, with risks to global economy
    China and the US are in an intense standoff over Iranian crude oil
  • Crude settles lower amid profit-taking, Trump comments
    Oil futures ended the week sharply lower as traders booked profits
  • ARA fuel oil stocks rise 11% following closed arbitrage east
    Fuel oil stocks in the ARA hub rose week on week
  • TRADER NOTE: Bunker trader Davide Anghinoni moves to Saras
    Bunker trader Davide Anghinoni has moved to Saras Trading SA from Toyota Tusho UK
  • Singapore HSFO sentiment firms on hopes of lower Western inflow; stocks at 15-month high
    The Singapore high sulfur fuel oil market is expected to rebound in the near term
  • Hoegh Autoliners launches IMO 2020 preparations
    Hoegh Autoliners said it has started preparing for the lower sulfur cap for marine fuel from 2020
  • Singapore's MPA suspends Southernpec's bunker craft operator license
    MPA has also suspended the bunker tanker, Southernpec 7, from conducting bunkering operations at the port.
  • External: Global Risk Management
  • Commodity trader Trafigura ships Venezuelan crude from Europe to China
    The 157,271 dwt tanker Marlin Savanah arrived in the outer limits of Qingdao port on April 11, carrying a cargo of Merey 16 crude owned by Trafigura.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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