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Independent journal on economy and transport policy
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BRIEFS
May 31, 2019
Sched Netweb site
  • Undeclared toxic chemical fire hits 1,585-TEUer in Laem Chabang
  • Hutchison's Port of Felixstowe links up to Yorkshire logistics hub
  • Hamburg Sud loops Europe-Central America, Caribbean and SAWC
  • China's Antong Holdings lands $297m state funding for logistics programme
  • Expanded Batangas container terminal to help ease congestion at Manila port
  • BIFA has newly elected national chair and vice chair
  • Asia-Pacific's April air cargo falls for 6th straight month: AAPA
  • Hangzhou's aviation town chalks up US$362m in aviation deals
  • California's Ontario Airport chalks up double-digit growth in cargo volume in April

Exim Indiaweb site
MAY 30, 2019
  • Asian Shipowners' Association deliberates on key issues
  • CMA CGM transforming to adapt to changing market
  • India's coal import up in April
  • Saudi Arabia ends export ban on fruits & vegetables from Kerala
  • Deendayal Port Trust considers key issues at first Board Meeting presided over by new Chairman
  • NYK recognised as a top company in Port of Long Beach's environmental initiative
  • India to remain world's fastest growing economy
  • MMTC achieves record performance in 2018-19
  • US removes India from its currency monitoring list
  • US-China trade war seen as advantageous for India's agricultural exports
  • China said to be retaliating through non-tariff barriers

International Transport Journalweb site
  • Indian Railways moving further away from fossil fuel
  • Bati Group presents new logo
  • Night Star Express enhances infrastructure
  • LNG tanker on course for Baltic Sea
  • App optimises HGV transport in Hamburg
  • Eva Air decommissioning nose loader
  • Finished vehicles along new Silk Road
  • Switching from Zufall to Mainblick
  • Swiss Post sees profit dwindle
  • More reefers for Zim
  • DHL enhances intercontinental fleet
  • Launch of mega-truck service in Portugal
  • New heads for Bifa
  • "Curiosity of the Day"
  • Kale Logistics Solutions joins Pan Asia Alliance
  • Regional industry supports port of Lübeck masterplan
  • Turkish Airlines touches down in Strasbourg

The Loadstarweb site
MAY 30, 2019
  • APL to quit Asia-Europe trade as CMA CGM eyes greater cost-saving
  • Pilots hit back as Atlas brands 'overworked and underpaid' claim a myth
  • CMA CGM reports $50m cut in Q1 losses as liftings increase
  • Online port community system a 'game-changer' for India's shipping industry
  • US retailers under threat from Amazon move to free next-day shipping
  • US CEO says trade war is shifting focus to sourcing over selling
  • Fons de Haan to lead Belgian operations for Crane Worldwide
  • Supply chain radar: driver shortage 'my arse'
  • Market Insight Exclusive: Seko Logistics is on the market

Marine Logweb site
MAY 30, 2019
  • VIDEO: River cruise captain arrested after deadly Danube collision
    The captain of a 135 m Viking River Cruises vessel that collided with a tourist boat on which seven South Korean tourists died has been arrested by Hungarian police as the search
  • ABB launches OnBoard Microgrid
    ABB has released a compact size DC-based power distribution system to offer hybrid power efficiencies to smaller vessels The newly launched Onboard Microgrid is based on the principles of ABB's award-winning power
  • Med Marine delivers first RAstar 3000-W class tug
    Turkey's Med Marine Shipyards recently delivered Vittoriosa, the first RAstar 3000-W Class LNG terminal escort tug to Tug Malta, a wholly owned subsidiary of the Rimorchiatori Riuniti Group, Genoa, Italy. The Vittoriosa
  • Jury acquits master of all charges in illegal discharge case
    After spending more than 19 months detained in Lake Charles, La., the Russian master of a ship involved in an illegal discharge case is free and able to return to Russia following
  • New satellites will add to Fleet Xpress capabilities
    With growing demand for maritime broadband capacity, Inmarsat is to beef up the capacity, capabilities and operational agility of the Global Xpress network that delivers its Fleet Xpress service. It has signed
  • ICS updates MLC Guidelines
    The International Chamber of Shipping (ICS) has launched the third edition of its Guidelines on the Application of the ILO Maritime Labor Convention. Covering all amendments made to the Maritime Labor Convention
  • Jan De Nul orders giant jack-up
    Offshore wind turbines are getting larger, with units under development with heights of more than 270 m and blades 120 m long. These increases in size and installation height create problems for

Lloyd's Listweb site
MAY 30, 2019
  • Fredriksen's Seatankers orders newbuilds
    The orders, via Cyprus-based Seatankers Management, would be the first since news emerged that the group placed an order for...
  • Vietnam exports boom as China shipments to US slump
    Logistics and trade observers believe Vietnam is benefiting from businesses shifting their supply chains in response to increased US tariffs...
  • China might expand scrubber restriction zone
    Local maritime authorities are conducting research to further assess the environmental impact of the devices, with a focus on the...
  • Southernpec loses Singapore bunker supplier licence
    Southernpec was Singapore's 30th largest bunker supplier in 2018 in terms of volume, according to the MPA
  • West of England combined ratio comes in at 114%
    'The club remains cautious in its expectations of claims developments and has increased its reserving strength on the balance sheet,'...
  • Viewpoint: The master's mistake
    The age of digitisation and instant communication is only likely to increase the pressure on ships' captains
  • Hydrogen or ammonia?
    Safety is the key factor with hydrogen and ammonia. Both have toxic characteristics, with hydrogen being very explosive
  • Hydrogen 101
    Hydrogen is forecast to increasingly play a key role in the move to decarbonise society, representing 18% of the final...
  • Why Norway is backing hydrogen as the key to decarbonising shipping by 2050
    Norway's vast sovereign wealth fund is underwriting a generational research and development project that could ultimately see hydrogen-fuelled ships replace...
  • CSSC Shipping IPO overvalued, analyst says
    Lack of sufficient disclosures about the residual value risk was another bugbear as the company has substantial numbers of operating...
  • Shipping enters the ion age with battery technology
    Norwegian shipowners and technology manufacturers are recognising that battery technology can reduce emissions and cut overall vessel operation costs
  • Daily Briefing
    CMA CGM's cost-cutting intensifies | Opec oil shipments fall 21% | Blank sailings signal transpacific weakness | Australia LNG battles high-cost...
  • The Lloyd's List Podcast: Sailing on solar
    Listen to the latest edition of Lloyd's List's weekly podcast - your weekly briefing on the stories shaping shipping in...
  • Saudi Global Ports' 21,000 teu vessel call highlights rising Middle East trade
    Other ports in the region such as Jebel Ali and Jeddah have previously taken 18,000 teu calls
  • Canadian federal mediator enters negotiations to avoid strike action in the Port of Vancouver
    'We hope a disruption can be avoided and that the two parties can reach a resolution quickly,' said Danielle Jang...
  • Santos looks to capitalise on LNG bunkering demand
    The company has also received interest from Chinese buyers, both private companies and national oil companies, for offtake from the...
  • Swiber creditors approve restructuring plan
    Creditors' mandate is positive news for Swiber and gives the company an opportunity to be rehabilitated with the proposed investment...
  • ArcelorMittal's Europe steel output cuts expected to hit dry bulk market
    The cuts in Europe follow troubles at British Steel's plant in the UK, pointing to lower demand for raw materials...

The Journal of Commerceweb site
MAY 30, 2019
  • New Jersey blocked from waterfront commission exit
  • Hearing lays bare frayed US shipper-rail relations
  • The high cost of sourcing outside China
  • JOC Top 100 Importers and Exporters Ranking 2019
  • Digital market aims to untangle US cross-border trucking
  • ILA urges ILWU Canada to resist port automation

TradeWindsweb site
MAY 30, 2019
  • Teekay Offshore hires duo to evaluate Brookfield deal
    As promised, Teekay Offshore has hired two outside advisors to evaluate Brookfield Business Partner's discounted take-private offer. The New York-traded, Vancouver-based company announced after the close Monday that Evercore Group had been retained to evaluate the financials and Potter Anderson & Corroon as legal counsel. Brookfield moves to take Teekay Offshore private Teekay offloads remainin
  • Former Seaspan CFO joins Teekay Tankers board
    Teekay Tankers is set to welcome a new board member to replace one joining the company's general partner. Former Seaspan finance chief Sai Chu will join the board of the New York-traded tanker owner, replacing Richard Patterson who joins the board of Teekay GP. Teekay Corp, Teekay Tankers reshuffle boards "Sai brings a wealth of financial and shipping expertise to Teekay Tankers," board chairma
  • Diana Shipping fixes panamax at higher rate
    Diana Shipping has fixed one of its panamax bulk carriers to Uniper Global Commodities at a rate higher than its current earnings. Diana Shipping tender offer oversubscribed The 81,297-dwt Leto (built 2010) was fixed to the trader for 11 to 13 months at a gross daily rate of $13,000, minus 5% commission for third parties. The Leto is concluding a 16-month charter to Glencore Agriculture, durin
  • Nordic Shipholding finds new buyer for veteran handysize
    Nordic Shipholding has found a new buyer for its oldest handysize tanker. The Danish company is set to move the 35,800-dwt Nordic Ruth (built 2000) for $5.8m to an unnamed buyer after a deal to sell the ship fell through in early April. Nordic Shipholding sees veteran tanker sale fall through The sale leaves Nordic Shipholding with five ships, four handysize tankers and an LR1. None of its rem
  • ABS calls for radical market change to meet IMO goals
    Class society calls for better scheduling of sailings and reduced ballast voyages to reduce carbon emissions
  • Morgan Stanley faces hit from analyst cut but stays a player
    Executives say lack of shipping research in wake of Fotis Giannakoulis' departure is 'not great', but huge ability to place shares in equity deals keeps bank in frame
  • North P&I Club's investment profit covers underwriting loss
    One of the largest P&I mutuals hints it is calling time on 'unsustainable' premiums
  • Houston, we have a problem with the future of shipping equities
    Five investment banks have dropped coverage of shipping equities in recent months amid poor share price performance in a worrying sign for the future of public fundraising in the US
  • Nordic American Tankers inks suezmax period deal with Equinor
    Nordic American Tankers has cut a deal to lease out one of its ships to Equinor at a time the tanker market is expected to take a turn for the better. The Herbjorn Hansson-led suezmax tanker owner has fixed the 158,597-dwt Nordic Zenith (built 2011) to the Norwegian oil company for the next 12 to 15 months. After positive Q1, Nordic American Tankers shares soar Financial details of the charter
  • London P&I Club counter-sues Spain for €1.4bn in damages following Prestige lawsuits
    Spain must pay to be paid, the London P&I Club has claimed, following a billion-Euro judgment against the insurer in the country last year.
  • Chinese vice president Wang Qishan drops in at Hamburg terminal
    Chinese vice president Wang Qishan has paid a visit to the port of Hamburg, an important hub for the country's containerships. HHLA Container Terminal Tollerort (CTT) welcomed the VIP as part of a one-day tour. Wang was greeted by the chairwoman of Hamburger Hafen und Logistik (HHLA), Angela Titzrath, and Hamburg's First Mayor, Peter Tschentscher, as well as representatives of China's Cosco. He
  • AP Moller-Maersk arm buys into first Portuguese startup
    An AP Moller-Maersk company seeking to build billion-dollar businesses has bought into Portuguese startup Huub in what was one of the biggest ever seed rounds in the country. Maersk boss Skou shoots down price war talk as Trump's battle with Beijing dents container shipping demand AP Moller-Maersk heads into uncharted waters as historic shift in strategy unfolds Huub, which offers end-to-end so
  • Clash involving Viking ship kills seven in Hungary
    Seven people have been killed and 21 others were missing after a collision between a small tourist boat and a Viking River Cruises river vessel in Hungary. The accident happened on Wednesday night in the Danube River in Budapest. The Hableany boat was carrying 33 South Korean passengers and two Hungarian crew, AP reported. Viking Ocean Cruises hit with $10m lawsuit over Viking Sky drama
  • Maersk Tankers linked to $60.6m double aframax sale
    Maersk Tankers is said to have extended a busy week with the sale of its final two crude tankers. Maersk Tankers strikes for four extra LR2s newbuildings at Dalian Shipyard Maersk Tankers targets major cut in CO2 emissions under new strategy The Danish owner booked four extra LR2s in China on Tuesday and was being linked with a second-hand MR purchase. Now, brokers believe the privately-owned
  • Yang Ming ship saves duo from burning yacht
    Yang Ming seafarers have saved two Australians from their burning yacht en route to Singapore. The rescue involving the 4,662-teu YM Excellence (built 2015) took place on 19 May while the vessel was sailing from China, the company said. Captain Lee Chien-Sheng revealed the crew saw black smoke billowing from the yacht, which soon burst into flames. The boxship tried to contact the boat in vain.
  • Fitch dials up debt rating on Sovcomflot amid growth of industrial business
    Fitch has upgraded its long-term issuer default rating on Russian shipowner Sovcomflot (SCF Group) at a time the company has set a target to follow the state back to investment grade. Shipowner Sovcomflot seeks to follow Russian state back to investment grade Sovcomflot seals newbuilding financing with new loan Sovcomflot posts big first-quarter profit as tanker market recovers The ratings age
  • Royal Caribbean Cruises teams up with Global Ports Holding in Antigua
    Global Ports Holding (GPH) is partnering with Royal Caribbean Cruises to develop cruise facilities in Antigua & Barbuda. Global Ports profit powers ahead Global Ports Holding wins 'landmark' deal in the Bahamas The world's largest independent cruise port operator has signed an equity partnership agreement with the cruise company for GPH's local subsidiary, GPH (Antigua). The partners will inve
  • Pillarstone aims for billion-dollar debt fund
    A debt fund launched by Pillarstone is targeting $1bn in distressed shipping assets. Finav, as the fund is known, has made a good start by acquiring distressed debt with a book value of $350m from two Italian banks. This means it is the biggest distressed-asset shipping fund in Italy. It will add to about $2bn of assets under management that Pillarston has in the distressed shipping and corporat
  • Pillarstone swoops to the rescue in indebted Italian shipping
    Private equity player is becoming a dominant force in solving banks' bad shipping debt in Italy
  • Prem Watsa's Fairfax lifts stake in Greece's Eurobank to 33%
    Prem Watsa's Fairfax Financial Holdings has increased its stake in Greek shipping lender Eurobank to 33.5%. The bank said it had been told that the fund, owned by Indo-Canadian billionaire Prem Watsa, had lifted its stake from below 25%. Eurobank slashes provisions to $764m Fairfax India grabs 41% stake in Seven Islands Shipping It now has 1.22bn voting rights in the bank's ordinary shares. T
  • Single structure model yields benefits for Wallenius Wilhelmsen
    Closer ties with EUKOR enhance fleet flexibility with grouping of assets, says Wallenius Wilhelmsen Ocean's Michael Hynekamp
  • Siem Car Carriers reinforces focus in Norway on cleaner LNG fuelling
    Norwegian player builds 7,700-ceu ships in joint project with car giant Volkswagen and bunker supplier Shell
  • Norwegian shipyards and equipment makers diversify from offshore shipbuilding
    Tech-focused Norwegian cluster riding out of downturn with ability to harness business opportunities related to ferries, expedition cruiseships and fishboats
  • UECC pioneers in car carriers with low-emission design
    Green fuels of the future factored into operator's strategy as it orders hybrid LNG-powered ships
  • Tax the rich? Norway's shipowners enjoy lower wealth tax
    Norwegian owners benefit from the government's efforts in cutting personal wealth tax-but a full repealing is unlikely
  • Norwegian shipping faces up to energy transition
    Norway's maritime cluster can take advantage of its technological capabilities amid tightening environmental regulations and continued digitalisation, some industry officials hope.
  • Hoegh Autoliners grows positive on LNG but rejects use of scrubbers
    Hoegh Autoliners chief executive Ivar Hansson Myklebust says the Oslo-based company considered using LNG as a fuelling option for its last series of newbuildings and it is an option for its next order. The Norwegian car carrier owner and operator has no firm plans to build new ships, but Hoegh has been watching technical developments closely and has a positive view on LNG. Myklebust's comments c
  • Norwegian mutual insurance model takes shape
    The big three Norwegian marine insurers are now providing a full range of cover to shipowner members and third parties
  • From Taipei to Pentonville jail, Nobu Su's fall is near complete
    As Taiwanese shipowner Nobu Su languishes in prison over $57m in court debts, Holly Birkett offers a personal reflection on his fall from global player to inmate
  • Boa says OCV outlook improving as oil price rises
    Norwegian owner Boa OCV has said the offshore construction vessel (OCV) market is improving as the oil price rises. The medium to long-term outlook is better for the company, which is also due to continued lowered hurdle rates for new field developments for oil companies, and increased volume of actual and estimated pending sanctioned offshore field development projects, it added. Bond trustee f
  • Jaldhi boosts products tanker fleet
    Singaporean shipowner confirms fifth products tanker purchase
  • WFW praises Star Bulk after Delphin deal
    International law firm Watson Farley & Williams (WFW) has praised Star Bulk Carriers management after working with the company on the Delphin Shipping fleet deal. Petros Pappas adds to takeover tally as Star Bulk buys Delphin Shipping fleet The Nasdaq-listed shipowner paid $139.5m to acquire 11 bulkers in a shares and cash transaction this week. This is the third such deal that WFW have assiste
  • Oslo's $1bn capital market for shipping pushing New York for global supremacy
    Norway's 'impressive ecosystem' makes it a premier capital market for shipping, especially for newcomers
  • Golar LNG primed to reactivate laid-up FSRU for next Brazil job
    Company's first regas vessel converted from LNG carrier looks destined to return to South America
  • JJ Ugland reveals term charter effort amid improved results
    JJ Ugland is launching a drive to lock more of its supramax bulkers into short and long-term period charters, according to its latest annual report. The private Norwegian shipowner, which is listed with almost 50 bulkers, also confirmed that one of its vessels, the 58,000-dwt Lunita (built 2014), is on charter until 2023 following an off-market deal last autumn. JJ Ugland Group prepares to offl
  • MPC Container Ships keeps powder dry to make most of possible market recovery
    MPC Container Ships (MPCC) is positioned to benefit from a tightening feedership market in the second half of 2019 and in 2020, chief executive Constantin Baack says. He expects the feeder containership market to be buoyed by healthy demand and limited supply, despite the uncertainty caused by escalating trade tensions between the US and China. The Oslo-listed tonnage provider is opting to fix m
  • Kyklades behind HHI newbuild order for suezmax tanker duo
    Sources say Greek shipowner exercised options at South Korean yard
  • Fredriksen's back, with $500m newbuild orders
    Seatankers contracts up to four LR2s in China and signs letter of intent for two firm VLCCs, with options for two more
  • Brodosplit adds second Oceanwide cruiseship
    Croatia's Brodosplit shipyard has won a contract for a second cruiseship for Dutch owner Oceanwide. The 6,300-gt, 198-passenger vessel, Janssonius, will be delivered in October 2021, the yard said, according to the Hina news agency. It handed over the first, Hondius, this month. The value of both vessels is more than EUR 100m ($112m). The second ship is named after Johannes Janssonius, a Dut
  • Eidesvik PSV reactivated after nearly three years
    Norway's Eidesvik Offshore has brought a platform supply vessel (PSV) back into the North Sea spot market after nearly three years in layup. The 3,500-dwt Viking Athene (built 2006) has been fixed for a firm six months by Aker BP for supply and standby duties, broker Westshore reported. OSV owners see light at the end of long, dark downturn PSV trio reactivated after combined 11 years It has b
  • Owner of seized suezmax to take Egypt to court
    Embed: Ukrainian Sea Shark crew return home The owner of a suezmax held in Egypt since December is ready to launch a legal fight to regain control of the vessel. The 163,000-dwt Sea Shark (built 1991) was detained in the Red Sea after inadvertently straying into Egyptian territorial waters to avoid presenting a danger to shipping when it was prevented from passing through the Suez Canal, accordi
  • Bulk of Swiber creditors approve restructuring proposal
    Approvals come nearly three years after it filed for insolvency. KPMG picks up over $3m in fees.
  • Marinakis marks anniversary of Forest's first European triumph
    Thursday marks 40 years to the day since club he acquired won first of its two major cups.
  • Singapore strips Southernpec of bunker supplier licence
    Move follows removal of firm's license to operate bunker barges in earlier this month.
  • Hong Kong's Hutchison to build new Quebec box terminal
    Li Ka Shing-backed port operator says facility will be its gateway to the East coast of North America.

American Shipperweb site
MAY 30, 2019
  • British Columbia port employers, ILWU reach tentative accord
    Dockworkers returning to work Thursday afternoon after all-night negotiations.
  • Pelosi remains 'optimistic' about infrastructure package
    President Donald Trump said last week that talks would not continue until Democratic lawmakers "get these phony investigations over with."
  • ALAN: Do supply chain checkup before natural disaster
    Logisticians can't help with recovery operations if their businesses aren't prepared, says Kathy Fulton, executive director of the American Logistics Aid Network.
  • China not named currency manipulator in report
    Japan, Germany and Malaysia among the countries that met two of three criteria to be designated by the Treasury as a currency manipulator, but no country met all three.
  • Executive Moves: Nexxiot, Grote Industries, IUMI
  • Five new Canadian icebreakers sought for Great Lakes
  • FMC reviews 14 OTI license applications
  • Hutchison, CN sign up to develop Quebec terminal
  • AVAIO Capital investing in Novaporte

The Bunker Bulletinweb site
MAY 30, 2019
  • EIA says US residual fuel oil production rose 38% on week
    US residual fuel oil production across the US rose 38% week on week.
  • Crude tumbles on talk of softer US approach to Iran sanctions
    Crude futures tumbled Thursday, following a US gasoline stock build.
  • Dardanelles partially closed from May 31-June 9 on construction works
    The Dardanelles will be closed southbound from May 31 until June 6 and northbound from June 9 to June 12.

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