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Independent journal on economy and transport policy
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BRIEFS
January 31, 2019
Sched Netweb site
  • Vanterm crane collapses on 7,024-TEU Ever Summit in Vancouver
  • Chinese Vice Premier Liu arrives in Washington ahead of trade talks
  • TS Lines, Yang Ming, Gold Star, APL offer China-Malaysia loop Feb 23
  • US prosecutors charge Huawei with theft of secrets, bank fraud
  • ILWU blasts plan to automate in LA, but APMT says union agreed
  • CMA CGM ups Asia-Pakistan, India, Sri Lanka, Mideast rates mid-Feb
  • Yang Ming/APL launch Korea, Vietnam. Malaysia loop February 21
  • Hamburger Hafen und Logistik ups rail capacity to Elb's major port
  • New rail service launched from Port of Felixstowe by GB Railfreight
  • UK government's Brexit measures for logistics come too late: FTA
  • Indiana ports set records as cargo soars 25pc to 14.8 million tons
  • DHL Hong Kong air trade index shows optimism in Asia Pacific falling
  • Edmonton airport continues expansion overhaul for air cargo handling
  • Chongqing airport to roll out 10 more overseas destinations this year

Exim Indiaweb site
JANUARY 30, 2019
  • Höegh Autoliners expands Europe to Middle East service; now calling Asia
  • Neptune Container Line & Logistics handles landmark ODC from Visakhapatnam Port to Oman
  • APM Terminals Pipavav registers impressive performance in Q3
  • Chairman lauds all-round progress of JNPT at 70th Republic Day celebration
  • Jawaharlal Nehru Port successfully loads very large project cargo
  • American Airlines Cargo announces record-breaking year
  • Mauritius keen on signing CEPA with India
  • All roads lead to BHP-MALA 2019 International Conference & Awards in Mumbai today

International Transport Journalweb site
  • Cleared and delivered
  • More flat cars for heavy containers
  • B&H Worldwide picks business development manager for Asia
  • Green Cargo shifts 370 lorry loads from road to rail
  • DSV leases P3 logistics centre
  • Barig strengthens cargo component again
  • Mobile harbour crane acquisitions in 2018
  • Blue Dart Express names new CEO
  • Cameroon's Camrail receives new locomotives
  • Port de Guadeloupe enhances terminal
  • Gefco launches mission control centre
  • Paving the way for more P2F conversions
  • Instafreight pipes new chairman on board
  • "Curiosity of the Day"
  • Online reference site for intermodal transport
  • Coordinadora successfully delivers oversized cargo
  • New service to London Gateway
  • Flying for Saudi Arabia's first European Tour golf event

The Loadstarweb site
JANUARY 30, 2019
  • Prepare for no-deal Brexit, transport sector is advised, after Commons vote
  • Carriers still aiming to add capacity on Asia-North Europe, despite softer demand
  • Leeds clean air zone charge a 'punitive tax on a sector the city relies on'
  • Profits up for CH Robinson, but cool chain business bucks growth trend
  • ECS launches cargo sales and management platform for airlines
  • Air cargo veteran Dirk Reich is new chairman of InstaFreight
  • Europa recruits customs specialists as the haulier prepares for Brexit
  • Pharma shippers call for higher and better-aligned global standards
  • Supply chain radar: Gefco - another CEVA Logistics?
  • Supply chain radar: Reaction to the third CMA CGM executive addition to CEVA
  • Supply chain radar: CH Robinson's formidable results show the extent of the problem for 3PLs

Marine Logweb site
JANUARY 30, 2019
  • MAN engines picked to power heavy-lift crane installation vessel
  • Four new Metal Shark patrol boats enter service in Aruba
  • Vigor awarded USS Coronado DSRA contract worth potential $60 million
  • Alfa Laval marks tenth anniversary of first PureSOx scrubber installation
  • Marinakis-Schulz JV makes its first ship acquisition
  • National Maritime Center issues status update
  • Japanese partnership unveils concept design for zero emissions tanker

Lloyd's Listweb site
JANUARY 30, 2019
  • Navios Containers posts first results after Nasdaq listing
    Angeliki Frangou-led boxship vehicle reports adjusted profits for fourth quarter and full year 2018
  • ABP rings the changes under new chief executive
    Pedersen took over the reins at ABP from longstanding predecessor James Cooper last year
  • GasLog Partners increases dividend as results strengthen
    LNG carrier owner unveils $25m buyback authorisation, saying unit price volatility does not reflect track record or LNG shipping prospects
  • Marinakis-Schulz venture acquires first boxships
    Germany-based Capital Liberty Invest picks up two feeder vessels formerly in the Kalkavan fleet and is looking for further growth
  • DSME receives approach from Hyundai Heavy Industries
    Korea Development Bank, DSME's majority shareholder, has been seeking a withdrawal with efforts in helping the shipbuilder get back on...
  • UK ports call for road and rail upgrade
    Focusing on a strategic freight network and taking a 'freight-first' approach would be a common-sense first step to ensure the...
  • Wärtsilä plans 1,200 job cuts after profit fall
    Wärtsilä suffered in the fourth quarter despite improvements in its marine business
  • Evalend behind order at HHI for three VLCCs
    Greek owner emerges as author of latest big tanker orders, following its debut in the segment one year ago
  • European forwarders face more than just Brexit
    Clecat highlights major changes relating to the regulatory and administrative frameworks of international trade that pose additional challenges
  • Who pays for scrubbers in a time charter?
    If a vessel is not capable of burning compliant fuel, then it will not be seaworthy and legally fit for...
  • PDVSA sanctions threat could curb tanker upside
    Lawyers flag US links as a stumbling block to opportunistic trades, highlighting hurdles for US-based insurers and service providers, while...
  • HMM becomes co-owner of Busan terminal with PSA
    HMM said the new terminal ensured there would be 'stable berths' as it gears up to welcome its fleet of...
  • Hyundai Heavy secures order from European firm for three VLCCs
    The three very large crude carriers are scheduled to be delivered from the second half of 2020 and will be...
  • Asia-Europe boxship capacity growth to hit freight rates
    Carriers are adding capacity of up to 10% of the current fleet on the stagnant Asia-Europe trade lane
  • Westports recovers from liner realignment with 16% volume rise
    Westports says its total container volume increased by 6% to 9.5m teu in 2018
  • Daily Briefing
    Venezuela crisis could give boost to tanker demand
  • Cosco Shipping Energy Transportation returns to profit
    Results come after a strong rebound in the VLCC market in the last quarter of 2018 due to seasonality factors...
  • DSIC Offshore files for restructuring
    As of end-2018, DSIC Offshore recorded a net liability of Yuan1.9bn ($283m), while its outstanding debts to CSIC stood at...
  • Vale production cuts to shake up trade flows
    The 40m tonnes of iron ore pulled out by Vale would result in a 4.7% decline in iron ore tonne-miles...
  • American Club urges caution over Venezuela sanctions
    The club is still in the midst of looking into all the ramifications, said chief compliance officer Charles Cuccia

The Journal of Commerceweb site
JANUARY 30, 2019
  • JNPT cargo dwell time decreases substantially
  • US truckload contract and spot rates diverge
  • Supply-demand gap on Asia-Europe trade widens
  • US shipments of wind power equipment soar
  • US petrochemical market grapples with tariffs
  • Service cools Mexico's refrigerated rail potential
  • LA-LB port congestion shows signs of ebbing

TradeWindsweb site
JANUARY 30, 2019
  • Drybulk rate outlook lowered amid Vale dam closures
    Iron ore demand should remain unscathed, according to Clarkson Platou Securities analyst Frode Mordekal.
  • Tragedy and sentiment drive dry cargo stocks further down
    Big name owners see stocks reverse again as Vale takes action following Feijao disaster.
  • Opec cuts clear to see as Middle East VLCC fixtures fall
    Opec cuts are having a clear impact on the VLCC market, according to data from BTIG. Analyst Greg Lewis says the cartel's late 2018 move has taken a bite out of the market. VLCC scrapping set for respite before regulation-driven spike Euronav swings to black after VLCCs came 'back with a bang' "Opec's decision to reduce production by 1.2 million barrels per day has seen VLCC fixture activity o
  • Royal Caribbean beats estimates
    Richard Fain-led cruise major sees higher revenue for the fourth quarter.
  • Concordia Maritime: tanker market upswing 'structural' not 'seasonal'
    Kim Ullman believes outlook appears positive for the next three years.
  • Listing cost pushes Navios Containers to loss
    Greek owner Navios Maritime Containers (NMCI) has dipped into the red in the fourth quarter as it paid for its listing in the US. The net deficit was $0.24m, against a profit of $1.67m in 2017. The 2018 figure includes $2.6m of expenses related to its listing on the Nasdaq Global Select Market in December. Navios Containers spends $52m on boxship Revenue grew to $34.41m against $21.32m as the
  • Bahri brought lower by Petredec hit, yard costs
    Saudi Arabian state tanker giant Bahri has seen fourth quarter profit eroded by its investment in Petredec and start-up costs for its new shipyard. The VLCC specialist said net profit to 31 December was SAR 91.41m ($24.37m), against SAR 207.04m in 2017. Bahri clinches $133m loan for expansion Revenue was up at SAR 1.78bn, from SAR 1.43bn, however. Its investment in LPG carrier company Petredec
  • Russia says MSC Mandy crew released by pirates
    The Russian embassy in Nigeria has said all six crew from the MSC Mandy boxship have been released by pirates. The Russian seafarers were kidnapped from the 3,000-teu vessel (built 1993) in the Gulf of Guinea on 2 January. The Sputnik news agency cited the embassy as saying the issue of their return to Russia is being solved. "All six Russian sailors have been released," it said. The vessel wa
  • Russell Investments stocks up on Ardmore Shipping shares
    A major investor in Ardmore Shipping has added to its strong shareholding in the company. Royce & Associates drops $2.4m in shipping stocks Gurnee maps out Ardmore Shipping game plan Russell Investments Group of Seattle has built its stake in the New York-listed tanker owner to almost 10%, an SEC filing shows. The investor first emerged as a shareholder in Tony Gurnee-fronted Ardmore last year
  • Klaveness carries out world's first digital survey
    Norway's Klaveness Ship Management (KSM) has carried out what it claims is the world's first ever digital vessel survey. This took place on its 2,546-teu boxship Bardu (built 2014) with class society DNV GL last week. The survey saved surveyor Rolf Hancke a trip to Shanghai to visit the vessel, and gave full insight into maintenance data through live dashboards from the Klaveness head office in
  • Asahi claims world first for electric tanker design
    Japan's Asahi Tanker claims to have developed the world's first electric zero-emissions tanker. The "Pure-Electric" E5 vessel has been devised with Exeno-Yamamizu Corporation. The ship will supply bunkers to vessel trading in Tokyo Bay, with the launch set for the last quarter of 2020. Coastal ships with a longer range are also being developed. The E5 concept "creates solutions to issues such
  • First Steamship buys kamsarmax bulker resale
    Taiwanese owner snaps up ship from Marubeni as part of fleet expansion.
  • Marinakis and Schulz venture buys first vessels
    Capital Liberty Invest has snapped up a pair of container ships.
  • Cleanship wins 30-plus boxship scrubber deal
    The UK's Cleanship Solutions has won a contract to retrofit scrubbers to a fleet of more than 30 boxships. The vessels owned by an unnamed "large operator" range from 7,500 teu to 15,000 teu. Work will be carried out by the second quarter of 2019. Wartsila's Holm: scrubbers sold out for 2019 Chris McMenemy, managing director of Cleanship Solutions, said: "This significant container vessel oper
  • Open-hatch bulker owner Saga trims loss as revenue rises
    NYK Line-controlled Saga Shipholding (Norway) has continued to suffer from a weak bulker market but reduced its loss in the 2018 fiscal year. Saga wins peace of mind from USCG praise, but no premium The company, which owns the Japanese giant's open-hatch bulkers in the Saga Welco pool, reported a pre-tax loss of $9.8m to 31 March 2018. That compares with a $11.4m loss in the previous year. Com
  • EMGS returns to operating profit in final quarter
    The offshore survey company has posted a positive operating profit for the first time in 12 months, in spite of rising costs
  • CNOOC outlines plans to build two LNG bunker vessels
    Chinese giant sees potential to supply five million tonnes per annum of LNG as bunkers by 2030
  • PDVSA seizes tankers as Venezuela crisis deepens
    At least three ships holding fuel to enforce maritime liens due to unpaid charter hire were seized by the state
  • US FMC swears in new commissioners
    The Federal Maritime Commission swore in two new commissioners this week. Louis Sola and Daniel Maffei formally joined the US regulatory body for international shipping Monday. Sola will serve until 2023 and Maffei until 2022. The two join acting chairman Michael Khouri and commissioner Rebecca Dye on the board. Sola, a licensed international shipbroker, previously served on the Florida Board
  • Fewster steps down at Greenwich maritime museum
    Kevin Fewster is quitting as director of Royal Museums Greenwich (RMG), home of the country's renowned maritime museum. He will leave in the middle of 2019, he said. "Our highly successful 2014-18 corporate plan has just been completed and this offers an ideal moment for fresh thinking to inform the way forward," he added. "It has been a privilege to lead this great museum over the past twelve
  • Gruppo Scerni withdraws from shipowning as boss uproots to Monaco
    Chief executive Paolo Scerni follows pair of aframaxes to International Andromeda Shipping
  • VLCC scrapping set for respite before regulation-driven spike
    Analysts forecast a slowdown in 2019 before the impact of OPA 90 and IMO 2020 combine to drive big tankers to demolition yards
  • Shipping players voice rebellion against 'bigger is best' mantra
    Attendees weigh up sector's fixation on size, with one saying there are 'a few drawbacks in a bigger company'
  • Hyundai Heavy confirms talks to buy DSME from KDB
    Hyundai Heavy Industries (HHI) is reported to have made an approach to buy state-controlled rival DSME. The world's biggest shipbuilder was said to have submitted a letter of intent to buy a controlling stake in the restructured yard group to its majority owner, Korea Development Bank (KDB), according to unnamed government and financial industry sources cited by the Yonhap Infomax news agency. H
  • Oil flowing off Cameroon after aframax tanker stand-off ends
    Resolved charter dispute between shipowner Eastern Pacific and DS Marine sees refinery get back to work.
  • Croatian watchdog presses for Uljanik bankruptcy
    Croatia's financial agency FINA has asked for bankruptcy proceedings to be opened against struggling Uljanik Shipyard. It has requested the commercial court in Pazin to start the process over unpaid debt of HRK 75.8m ($11.6m), the SeeNews agency reported. Jan De Nul axes contract at Uljanik shipyard The deadline for repayment expired on 21 January, FINA said on the website of the ministry of ju
  • Former Sinopacific head Simon Liang arrested in Myanmar
    Myanmar police have arrested former shipbuilder Simon Liang Xiaolei and handed him over to Chinese authorities over tax issues, according to a Myanmar Ministry of Home Affairs announcement. China's New Dayang celebrates its return to state ownership TradeWinds could not reach Liang for comment and his mobile phone was apparently switched off over a period of at least two days this week. From th
  • GasLog Partners laments stock price amid record results
    GasLog Partners reported record results for the fourth quarter of 2018, but volatility in equities markets is pushing the LNG carrier owner to buyback shares. The Andrew Orekar-led shipowner reported adjusted profit of $42.2m for the last three months of 2018, a 4% year over year gain. Operating revenue of $86.6m and $68.7m in EBITDA were also new records in what Orekar called a "transformative
  • BW LPG shares inch up after Ackermann dips into stock
    Martin Ackermann has dipped into his own pocket to grow his stake in BW LPG. The Danish chief executive has bought stock worth $88,000 in the Oslo-listed company. Idan Ofer completes deal for BW chemical tanker fleet His addition of 30,000 shares follows repeated purchases by BW Group, the company's controlling shareholder, which began before Christmas. The purchase, revealed this morning, tak
  • Wartsila's Holm: scrubbers sold out for 2019
    Finnish marine systems giant Wartsila has seen scrubber demand grow but is looking to cut costs through redundancies after profit fell. The company said net earnings in the fourth quarter were EUR 153m ($175m) from EUR 165m in 2017, as expenses rose. Order intake increased 24% to EUR 1.87bn, with net sales up 6% to EUR 1.53bn. The orderbook stands at EUR 3.69bn for 2019 deliveries. The company
  • Could data have predicted the Kerch Strait tanker tragedy?
    Analysis of accident suggests two LPG carriers involved in fatal explosion during STS transfer were high-risk
  • Rodgers and Burke double act keeps 'em laughing
    Plenty of comedy double acts have lit up the world over the years, from Abbott and Costello, Laurel and Hardy to Morecambe and Wise - and more recently Donald Trump and Xi Jinping. Now shipping can lay claim to its very own: Rodgers and Burke. The tanker-owning duo's latest sell-out performance at the 10th anniversary Marine Money conference in London last week saw them on top form, reprising so
  • RHL to oversee Yantian Express general average process
    Hapag-Lloyd has appointed adjuster Richards Hogg Lindley (RHL) to oversee the general process following the fire on Yantian Express. General average declared as Yantian Express heads to Bahamas The 7,150-teu boxship (built 2002) suffered a blaze on 3 January off Canada, forcing crew to evacuate. General average was declared this week and the vessel is heading to the Bahamas. RHL will act as co
  • HMM, PSA splash $198m on Pusan terminal
    Korea's HMM has teamed up with Singapore port operator PSA to take over PSA-Hyundai Pusan New Port (PHPNT) Pier 4 in Pusan. The companies are spending KRW 221.2bn ($198m) to acquire the terminal from seller Waska. HMM tops up finances with new share issue The price consists of KRW 177bn from HMM, including Korea Ocean Business Corporation's investment of KRW 50bn, and KRW 44.2bn from PSA. The
  • Transtejo launches $100m 10-ship fleet renewal
    Portuguese owner Transtejo is launching a tender for 10 new ferries to renew its ageing fleet. The Lisbon company's plan has been approved by the country's cabinet, Portugal News reported. The first new catamaran is planned for delivery from the end of next year. Three more vessels will come in 2021 and then the remaining six in 2022, 2023 and 2024. They will run on LNG and carry between 400
  • Moss Maritime-led project unveils liquefied hydrogen bunker vessel design
    A new generation of bunker tanker could soon become reality as the shipping industry seeks cleaner fuels.
  • CPTM orders cargo-carrying cruiseship in China
    New vessel to focus primarily on the growing expedition cruise trade.
  • Hyundai Heavy beefs up 2019 VLCC order tally
    Year gets off to a good start for South Korean shipbuilder as it reveals three-ship VLCC order worth $286 million.

American Shipperweb site
JANUARY 30, 2019
  • Legal changes required to implement USMCA
    The Office of the U.S. Trade Representative on Tuesday submitted a statutorily required description of changes to existing U.S. laws required to bring the U.S. into compliance with the U.S.-Mexico-Canada Agreement, including several new customs rules.
  • Dairy producers want cheese in U.S.-U.K. trade deal
    For the U.S. dairy products industry to pour its products into the British market, the U.K. will need to shed agricultural tariffs and non-tariffs currently shared with the EU.
  • CN envisions Halifax as 'Prince Rupert of the East'
    Railway officials discussed plans to grow intermodal cargo and develop the Nova Scotia port during this week's earnings call.
  • Tech Connections: The rise of port community systems
    Technology developments are aiding ports, but business models also need to evolve.
  • Los Angeles highlights 'digital transformation'
    Port handled 9.5 million TEUs in 2018 and believes technology can help solve "persistent systemic problems."
  • American Shipper tweeting from AAPA conference
  • Port of Savannah moves record 4.35 million TEUs
  • Executive Moves: Crowley and InstaFreight
  • Executive Moves: BluJay and OmniTRAX Energy Solutions

The Bunker Bulletinweb site
JANUARY 30, 2019
  • Asia resumes Iran oil imports at lowered rates as waiver window shrinks
    Asian imports of Iranian crude oil have just started to return but at sharply lower levels as top customers China, India, Japan and South Korea press for additional US sanctions relief when their waivers expire in May.
  • International court to rule on Venezuela ship interception offshore Guyana: Hess CEO
    The arbitration of the interception of an ExxonMobil-chartered seismic ship offshore Guyana by the Venezuelan navy in December will move to an international court for resolution, John Hess, the CEO of Hess, a member of the ExxonMobil-led consortium, said Wednesday.
  • Piraeus bunkering operations recover as bad weather eases
    Bunkering operations at Piraeus have largely returned to normal after disruptive weather eased, sources said Wednesday.
  • Fuel oil crack strength above light ends continues on active arb
    The 3.5% FOB Rotterdam barge fuel oil crack continued to strengthen Wednesday on an active arbitrage and increased paper trading activity, holding firmly above the naphtha crack.
  • Malta bunkers premium over benchmark hits narrowest in 8 months
    Delivered bunker fuel prices at Malta reached their lowest premium over the high sulfur fuel oil regional benchmark since May 2018 on Tuesday as operating conditions eased at Malta, sources said.
  • Narrow EFS, tight supply boosts Asian sweet crudes despite weaker arbitrage freight
    The Asian sweet crude market saw March-loading cargoes of regional flagship grades fetch robust premiums this month as narrow Brent/Dubai Exchange of Futures for Swaps and tight spot supply for middle-distillate rich grades overshadowed weakening arbitrage freight rates, trade sources said Wednesday.
  • Ecoslops, Suez Canal Economic Zone ink deal for waste reception at Port Said
    The recovery potential of the oil waste transiting through the Suez Canal is estimated at more than 40,000 tons/year.
  • INTERVIEW: Compliance to IMO 2020 rule likely 80% initially - Parker Kittiwake execs
    "There is no one set method that is accepted or approved [for compliance]," Herring said.

›››File
FROM THE HOME PAGE
ZIM also records a recovery in the second quarter
SHIPPING
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
PORTS
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
PORTS
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
COMPANIES
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
ACCIDENTS
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
PORTS
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
COMPANIES
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
PORTS
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
PORTS
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
PORTS
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
PORTS
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
PORTS
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
SHIPPING
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
SHIPPING
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
SHIPPING
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
PORTS
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
SHIPPING
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
ACCIDENTS
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
SHIPPING
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
SHIPYARDS
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
SHIPPING
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
CRUISES
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
ACCIDENTS
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
SHIPPING
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
ACCIDENTS
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
LOGISTICS
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
SHIPPING
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
CRUISES
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
SHIPPING
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
SHIPPING
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
PORTS
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
RAILWAY TRANSPORT
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
PORTS
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
CRUISES
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
SHIPYARDS
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
PORTS
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
SHIPPING
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
CRUISES
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
SHIPPING
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PORTS
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
PORTS
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
RAILWAY TRANSPORT
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
SHIPYARDS
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
SHIPYARDS
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
SHIPYARDS
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
ACCIDENTS
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
CRUISES
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
PORTS
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
PORTS
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
COMPETITION
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
FREIGHT TERMINALS
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
INTERMODAL TRANSPORT
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
PORTS
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
PORTS
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
LEGISLATION
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
ACCIDENTS
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
SHIPPING
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
PORTS
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
TRANSPORTATION
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
SHIPPING
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
TRANSPORTATION
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
ACCIDENTS
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
PORTS
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
PORTS
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
PORTS
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
ACCIDENTS
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
PORTS
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
PORTS
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
CRUISES
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
PORTS
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
PORTS
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
SHIPPING
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
SHIPPING
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
PORTS
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
PORTS
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
INDUSTRY
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
SHIPPING
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
PORTS
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
SHIPPING
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
COMPANIES
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
MOURNING
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
PORTS
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
PORTS
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
PORTS
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
COMPANIES
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
PORTS
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
PORTS
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
LOGISTICS
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
LOGISTICS
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
SHIPPING
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
PORTS
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
SHIPPING
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
SHIPPING
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
ACCIDENTS
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
PORTS
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
PORTS
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
INTERMODAL TRANSPORT
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
PORTS
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
ACCIDENTS
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
SHIPPING
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
COMPANIES
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
PORTS
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
PORTS
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
PORTS
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
EDUCATION
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
INTERMODAL TRANSPORT
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
TRANSPORTATION
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
ACCIDENTS
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
INFRASTRUCTURE
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
LOGISTICS
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
LOGISTICS
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
PORTS
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
COMPANIES
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
PORTS
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
PORTS
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
INDUSTRY
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
PORTS
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
LOGISTICS
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
ASSOCIATIONS
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
PORTS
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
FREIGHT TERMINALS
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
INDUSTRY
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
OFFSHORE
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
LOGISTICS
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
ASSOCIATIONS
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
MEETINGS
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
SHIPPING
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
EDUCATION
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
NEWS
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
INDUSTRY
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
SHIPPING
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
ACCIDENTS
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
ACCIDENTS
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
SHIPPING
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
INTERMODAL TRANSPORT
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
PORTS
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
CRUISES
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
PORTS
Western Liguria Port Authority approves 2026 budget update
Genoa
PORTS
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
INDUSTRY
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
PORTS
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
PORTS
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
SEAFARERS
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
PORTS
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
PORTS
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
PORTS
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
PORTS
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
PORTS
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
RAILWAY TRANSPORT
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
PORTS
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
PORTS
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
SHIPYARDS
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
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