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BRIEFS
October 31, 2019
Sched Netweb site
  • Brokers seek bigger tranche of Singapore's Baltic Exchange's revenue
  • Samudera Shipping posts net loss of US$479,000 as revenues fall 23pc
  • Charleston port receives 3 new quay cranes to handle 14,000+ TEU ships
  • Port of Virginia pays US$25 million for 25 new Kalmar hybrid shuttle carriers
  • ICTSI completes US$250 million berths in its Iraqi container terminal in Basra
  • US$33.2 million trimodal box terminal bids to be EU hub of China trade
  • Pilot and crew ran ship aground because they ignored navigation equipment
  • Drewry: After good start, trade war's impact on trade now wholly negative
  • Nigeria's Kaduna Dry Port seeks to stop loss of 100,000 TEU to Benin
  • LAX air cargo falls 12pc in September and 5.5pc in first 9 months of 2019
  • Korea's air cargo deliveries fell 5.1pc to 1.06 million tons in third quarter
  • DSV Air & Sea Canada to employ Drone Delivery Canada in Toronto area
  • Volga-Dnepr to axe 100 jobs and further shrink An-124 fleet

Exim Indiaweb site
OCTOBER 30, 2019
  • ...partners with Microsoft to build smart logistics platform
  • FreightBro becomes first Indian logistics start-up to join Digital Hub Logistics Hamburg
  • Key SCFI spot rates up
  • Maersk joins forces with industry peers & customers to develop a potential future solution for sustainable shipping
  • Milaha reports increase in net profit for nine month period
  • Key proposals submitted to IMO to enhance exchange & harmonisation of port logistics data
  • Umm Qasr situation may impact cargo movement
  • CEVA Logistics launches an innovative & expert medical equipment installation service in India
  • Dr Sukhbir Singh Sandhu takes charge as Chairman of National Highways Authority of India
  • Netherlands ranked having the best transport infrastructure in Europe
  • Commerce Ministry considering extension of income tax benefits & removal of MAT for SEZs
  • Fitch cuts India's GDP growth to 5.5 pc in FY20, says will pick up to 6.2 pc in 2020-21
  • Indian investors invited for Panama Canal expansion project

International Transport Journalweb site
  • Latam Cargo flies to Mount Pleasant
  • US short line railroad deploys PTC
  • First Baltic LNG locomotives to run next summer
  • U-Freight launches iShipmore
  • Meantime Communications hires Justin Burns
  • HMM issues convertible bond for new investments
  • Much more capacity for Garuda Indonesia
  • Transnet plans intermodal terminal in Limpopo
  • DHL Express mulls closer cooperation with Migros
  • Sustainable mobility and logistics congress in Bilbao
  • Largest LNG tanker newbuilding
  • Saudia Cargo moves Da Vinci's "flying machines"
  • Chinese cars shipped by train to Russian market
  • Four Parx develops new logistics facility
  • "Curiosity of the Day"
  • Second award for GAC Dubai
  • Swiss World Cargo (re)sets new destinations
  • Jaxport in upbeat mood at the end of fiscal year

The Loadstarweb site
OCTOBER 30, 2019
  • Going digital now the only way forward for financially strapped ocean carriers
  • WFS joins air cargo war on plastic waste using biodegradable wrap
  • Decarbonisation and greener fuel now looming large on shipping's radar
  • US warehouse supply catches up with demand, but rates remain lofty
  • All the links in your supply chain need to be secure against cyber attacks
  • Don't waste the Brexit extension time, says RHA
  • Maersk forms coalition to find net-zero fuel for tomorrow's box ships
  • On the wires: CH Robinson fumbling around in search of its soul...
  • Against the odds: DSV Panalpina launches drone service... to itself
  • M&A radar: Liberty deal takes Prologis over $20bn in M&A flurry - expect more...

Marine Logweb site
OCTOBER 30, 2019
  • Capt. Anne McIntyre is new San Francisco Bar Pilots Business Director
    A former Columbia River pilot and Oregon pilot commissioner, Capt. Anne McIntyre has joined the San Francisco Bar Pilots as Business Director, bringing with her a strong background in pilot association management
  • Austal USA gets $21.5 million Navy award for LCS 18 PSA
    Austal USA, LLC, Mobile, Ala., has been awarded a $21,529,121 fee task order under a previously awarded basic ordering agreement to accomplish advance planning, material procurement and work in support of the
  • Will LEO be shipping's new green fuel?
    A papermaking byproduct often burned in pulp mills as fuel could be shipping's green new fuel. Called lignin, it's an organic copolymer found in wood - and it's what makes newsprint turn
  • Volvo Penta Americas to have new President
    Martin Bjuve, currently CFO and SVP Business Office. Volvo Penta, is to succeed Ron Huibers as President of Volvo Penta Americas. Huibers, a 26 year Volvo veteran, is moving on to another
  • Stena Ropax set for delivery voyage from Yellow Sea to Irish Sea
    Stena Estrid, the first of five vessels being built in China for European giant Stena Lines, has successfully completed three days of sea trials in China's Yellow Sea. After performing well in
  • CBP Jones Act proposals could have big impact on U.S. offshore
    On October 23, 2019, U.S. Customs and Border Protection proposed substantial changes to its interpretations of the Jones Act that will affect both the offshore oil and gas and offshore wind industries.
  • Charles Gittens joins SEACOR Island Lines leadership team
    Charles Gittens has been named President and Chief Commercial Officer of Fort Lauderdale, Fla., based SEACOR Island Lines. He joins Island Lines with over 15 years of experience in servicing customers with

Lloyd's Listweb site
OCTOBER 30, 2019
  • GasLog Partners maintains growth forecast
    US-listed partnership posts net earnings of $29.4m compared with $33.02m in the year-earlier period
  • Maritime trade forecast to see 3.4% annual growth to 2024
    A new normal for maritime transport is in the making, with effects permeating all aspects of the industry, from demand...
  • Navios Containers eyes higher average rates in 2020
    US-listed boxship owner says it is 'well-positioned' in a rising market despite third-quarter dip
  • Shipping 'leading from the front' with lending initiative
    Other industries are being urged to follow shipping's example of aligning bank lending to shipowners with environmental targets
  • Weakening of correlation between LNG price spreads and trade flows
    Higher spot prices in Asia are no longer a guaranteed draw for LNG cargoes these days
  • The search for shipping's green tipping point
    Shipping is going to require clean, cheap energy to completely transition to zero-emission fuel options - and much depends on how...
  • Ports in Iraq and Brazil hit by protests
    Protests have affected operations at the Umm Qasr port near Basra and at the Santos port in Brazil
  • Poland to award first LNG carrier charters in first quarter
    The Polish state-owned oil and gas firm seeks about six LNG tankers starting from as early as 2022 for its...
  • Newbuilding hiatus could be just the ticket
    Whereas before size, durability and trade suitability would pre-empt the sign-off for newbuildings, adding fuel choice to the mix has...
  • Significant transpacific ocean freight price rise is forecast
    Early indications give hope for carriers attempting to raise rates on the transpacific trade
  • Tanker markets can look back on an extraordinary year
    The pace and duration of further falls of VLCC-assessed rates will be tested by the global economic headwinds and revised oil...
  • Cyber attack on Asia Pacific ports could cost $110bn
    'High levels of underinsurance in Asia, which is also home to nine out of ten of the world's busiest ports...
  • Singapore MPA signs decarbonisation and digital tie-up with DNV GL
    A one-stop digital portal for regulatory transactions in Singapore was also launched
  • Australia starts to supply VLSFO
    The availability of VLSFO or compliant fuels is increasing rapidly as the IMO deadline approaches, according to IBIA
  • Carrier emissions down 10% in five years
    Larger, modern vessels and energy-efficiency measures help to reduce box shipping's carbon footprint
  • Daily Briefing
    Free to read: Manufacturing shift in Asia poses a conundrum for carriers and ports | Will good times ever return...
  • Data sharing is essential in race to cut shipping's tragedies
    Shipping needs to establish an anonymous independent database that is capable of collecting data from all sectors, say those aiming...
  • International Propeller Club elects Niels Aalund as president
    Mr Aalund also produces the highly regarded West Gulf Maritime Association 'Daily Industry Update Report', which briefs the trade on regional...
  • Texas LNG project attracts Middle East investment
    The firm is awaiting final approval by the Federal Energy Regulatory Commission for the project, which will liquefy natural gas...
  • Shipping ill-prepared to deal with future challenges
    A new report underlines the many challenges the shipping industry is grappling with, and warns that it is least prepared...

The Journal of Commerceweb site
OCTOBER 30, 2019
  • Cosco boosts Q3 revenue despite economic headwinds
  • Truck capacity 'correction' changes little for shippers
  • New vehicle facility doubles Philly port capacity, links rail
  • 3PLs forecast truck softness through mid-2020
  • Data gaps prevent full benefits of LA-LB port optimizer
  • UN: Shipping must adjust to shifting trade, environmental pressures
  • Cabotage change drives India transshipment growth
  • Flexport approaches rival forwarders for customs help
  • Clean Cargo reports declining CO2 emissions per container
  • Newly combined DSV Panalpina targets trans-Pacific trade

TradeWindsweb site
OCTOBER 30, 2019
  • Chief executive ascends to board at Fredriksen's SFL
    SFL Corp's chief executive is taking a seat on the board. The New York-traded owner of bulkers, boxships and tankers disclosed that Ole Hjertaker took departing director Harald Thorstein's position Monday. Hjertaker has been chief executive of the John Fredriksen-backed leasing company since 2006 and had spent the previous three years as the company's finance chief. Thorstein had been on the bo
  • ITF repatriates nine in cases of 'modern slavery'
    The International Transport Workers' Foundation is trumpeting the repatriation of nine seafarers who suffered "notoroious cases" of modern slavery. In the first instance, the union was able to secure the repatriation for three Pakistani seafarers who worked nearly two years aboard an Iranian-flagged ship without pay. Sri Lanka files 7,573 charges over alleged arms transfers "Over the past two y
  • Sanctioned Cosco subsidiaries back off troublesome tankers
    Pair drop management of three ships after being blacklisted by the US
  • The four pillars that support Carnival's cultural change
    Ethics chief says the cruise giant wants to set a new course as a world leader in environmental stewardship
  • UN: global shipping trade suffers in era of uncertainty
    Report finds stormy seas as owners go up against political and structural headwinds
  • Hurricane Dorian washes out Royal Caribbean results
    The cruise major took a 13 cent hit on its earnings per share for the third quarter
  • Lindblad expects higher 2019 revenue amid lower quarterly profit
    Lindblad Expeditions expects more revenue this year compared to 2018 amid lower earnings for the third quarter, thanks to a payment of nearly $5m to Uncle Sam. The New York-based company expects tour revenue for full-year 2019 to come in between $341m to $346m, reflecting a 10% to 11% growth from last year's $309.7m result. New York-listed Lindblad is basing its forecast on an 11% upswing in Lin
  • Cosco's tanker arm reports strong third-quarter results
    The Chinese state conglomerate's container unit sees flattish profits in the same period
  • Philly Shipyard results improve as yard gets back to work
    Philly Shipyard has won a new shipbuilding contract since its last earnings report and is no longer idle, but this has not prevented the yard from posting a loss for the third quarter. Philly Shipyard nabs government contracts after lying idle The Oslo-listed shipyard recorded a net loss of $9.0m for the third quarter and a loss of $15.2m for the first nine months of 2019. The results are a ma
  • Navios Containers' results sink amid rising management fees
    Navios Maritime Containers reported a slump in third-quarter profit, adding to a sharp fall in earnings for the first nine months amid rising management fees. The Angeliki Frangou-led boxship owner's net profit through September dropped 64.7% to $4.57m, driven by a 19.7% fall in Ebitda to $41.4m. Earnings per share (EPS) also took a hard fall, declining 66.7% to $0.13. The Nasdaq-listed company
  • Fredriksen extends $275m Frontline finance by six months
    Tycoon providing funding until at least May 2021
  • Euronav's De Stoop tells IMO to focus on 'low-hanging fruit'
    Tanker executive weighs in ahead of meeting this month to discuss decarbonisation measures
  • Oktoberfest celebrations at Penfield Marine go down a storm
    Penfield Marine is not a German company - its headquarters are in Fairfield, Connecticut - but the tanker operator has been staging its own version of Munich's Oktoberfest for its pool partners and other guests since its launch in 2012. This year Penfield took the party to the beach in Fairfield near the lighthouse from which it takes its name. Despite some bad luck with the weather - a classic
  • Laskaridis adds to PSV fleet with Simon Mokster deal
    Greek owner takes another supply vessel for work outside the offshore sector
  • GasLog Partners sticks to growth guidance despite profit dip
    New York-listed owner still expecting distribution growth of between 2% and 4% for 2019
  • Fincantieri cries foul but rumours of antitrust probe prove true
    Italian shipbuilding giant says stock price hit on reports of deeper investigation into STX France takeover
  • Solstad anchor-handlers win long-term contracts in Australia
    Two anchor-handlers owned by Solstad Offshore have won contracts at the Ichthys LNG development in Australia. Solstad returns to South Africa with Total charter deal Inpex Operations Australia has fixed the 24,000-bhp vessels Normand Scorpion (built 2009) and Normand Sirius (built 2014) on three-year contracts at an undisclosed rate. The two anchor handlers are expected to mobilise from Broom
  • Dof kicks off refinancing plan by decreasing its share capital
    The offshore support vessel owner needs to reduce its shares' nominal value in order to raise further equity in the future.
  • Teekay Shuttle's Tesla-beaters expose the gulf in 'green' shipping
    Teekay's four new tankers will cut emissions by more than all the Teslas in Norway, but can crude oil tankers ever be called 'green'?
  • IOPC Funds nears closure on 2007 Hebei Spirit oil spill
    Compensation payments finalised for South Korea's biggest pollution case
  • Investor Robotti urges Tidewater to merge again
    US investment advisor writes to OSV owners' board to recommend further consolidation in sector
  • Only owners' greed will stop VLCC rates hitting $300,000
    Bulker model and US shale revolution shows that shipping companies can believe in sustainably high rates, Kepler Cheuvreux says
  • Survey surprise: tanker players show more preference for LNG fuel than boxship sector
    A TradeWinds Knowledge survey reveals tanker market participants are keen for LNG propulsion despite limited intake so far
  • FSO could head to Bangladesh after $3m scrap sale
    Veteran storage unit needs a clean before beaching
  • Roxana Shipping locks LR1 tanker into period charter
    Modern LR1 fixed by Koch Industries for about a year
  • Arendals Dampskibsselskab treads cautious path to fleet growth
    Norwegian shipowner says long-term charters are what will drive potential fleet acquisitions
  • Polembros Shipping makes good on post-panamax growth plan
    Spiros Polemis-led outfit confirms Japanese and Chinese-built bulkers are now joining its fleet
  • Killing carbon will open new $1trn fuel market to shipowners
    A shift to fuel ships with non-polluting hydrogen will generate big new opportunities says Bryony Worthington
  • FPSO impairment pushes Ocean Yield to $63m loss
    Rokke company still trying to find employment for Dhirubhai-1
  • Cargill's Dieleman urges IMO to act fast on carbon laws or risk chaos
    Trading giant's Jan Dieleman calls for a clear legal framework on decarbonisation to give business a secure environment to invest for a cleaner industry
  • Boskalis to convert vessel for $334m wind farm contract
    Dutch owner to work with Hwa Chi Construction on 600 MW plant off Taiwan
  • Ince's Lum joins Clyde & Co as a partner
    Disputes specialist will re-join Shanghai office in December
  • HHI wins first approval for DSME merger - from Kazakhstan
    South Korean group clears first regulatory hurdle for huge yard tie-up
  • Nordea adds $254m of provisions after ECB talks
    Oil and offshore loans continue to weigh on Nordic shipping lender
  • Vitol's Aussie arm now offering VLSFO to owners
    Viva Energy Australia claims product is the first low sulphur fuel to be produced locally
  • Swire teams with top pulp maker to launch Kiwi-Asia service
    Tie-up will offer monthly frequency for pulp, timber and forest product related cargoes
  • Parker forecasts bank stampede to sign up to 'green' Poseidon Principles
    Citi's Michael Parker expects nearly all 'serious' lenders to shipping to sign up to Poseidon Principles in the next year
  • Wisdom set for kamsarmax order double at Tsuneishi Zhoushan
    Taiwanese owner said to be attracted by Tsuneishi's good price and shipbuilding quality
  • Shortcuts on Berge Bulk handysize landed two men in hospital
    Injuries could have been worse after fall arrest equipment used found to have been used incorrectly
  • Ageing Chinese ropax sold for scrap as interest wanes for large ferries
    The Yong Xia is among a handful of larger ferries sent for recycling in 2019
  • Environmental, economic and cyber risks loom, but shipping fears it's not ready
    Study for Global Maritime Forum reveals awareness of key issues but admission few are prepared for possible impact.
  • MPA and DNV-GL in decarbonisation and digital tie-up
    Singapore also launches one-stop portal for maritime transactions as Global Maritime Forum rolls into town

American Shipperweb site
OCTOBER 30, 2019
  • Revenues flat, box volumes up, profits down for Cosco Shipping Ports
    Hong Kong-based port operator Cosco Shipping Ports (HKEX: 1199) has announced mixed results for the third quarter of 2019. Revenues were flat and profits were...
  • Hub Group sees no peak season coming
    While Hub Group reported a good quarter, its near-term outlook is pretty rough. In short, Hub Group doesn't see a peak season coming in 2019.
  • Navistar skips incentive chase to get electric trucks to diesel price parity
    Navistar is skipping the chase for incentives on demonstration electric trucks to consult with customers on custom-built zero-emission medium-duty models with total cost of ownership...
  • Building an entrepreneurship ecosystem: Craig Buerstatte urges cities to invest in their future
    Ecosystems of entrepreneurship are popping up in cities across the United States. Innovation is no longer exclusive to Silicon Valley.
  • Trimble takes revenue hit from challenging market
    Trimble misses revenue estimates for third quarter of 2019.
  • Lyft gets a lift in Q3, beats estimates on revenue and earning per share
    But the ride-hailing company still posted a net loss of $463.5 million.
  • COSCO SHIPPING Q3 operating profit more than doubles
    COSCO SHIPPING Holdings said its third quarter profit more than doubled.
  • Airbus results show uptick in revenue and earnings
    Results mainly driven by higher deliveries, a favorable mix and foreign exchange rate development
  • Donaldson partners with Geotab for "the best filtration monitoring in the market"
    Donaldson hopes to release this solution in 2020 for commercial trucks, which will increase visibility for fleet managers and ultimately save money.
  • Drayage Update - The importance of chassis and addressing the shortage
    Market Expert Henry Byers sits down with FreightWavesTV Anchor Emily Szink to talk chassis. Chassis are an extremely crucial part of the drayage process. This...
  • Device compliance continues to creep up as carriers ditch AOBRDs
    More carriers install ELDs as compliance deadline nears.
  • Bendix details product updates, pathway forward
    Bendix introduced several new products and updated a number of others at its press conference at the North American Commercial Vehicle Show in Atlanta.
  • Congressional milestone may lead to billions for port funding
    U.S. House green-lights measure to improve big-ship access.
  • US House lawmakers take aim at Turkey with their own sanctions bill
    The PACT Act closely mirrors the unsuccessful Graham-Van Hollen Turkey Sanctions Bill in the Senate.
  • FreightWaves NOW: Freight broker performance and the Drayage Update
    In this episode of FreightWaves NOW, Meteorologist Nick Austin tells you about an impending snow storm in the Midwest, FreightCaster Kyle Cunningham dives into our...
  • Freight Futures daily curve: 10/30
    Spot month Trucking Freight Futures contracts are generally quiet approaching expiration.
  • Heartland Express posts a clean quarter amid "softer freight demand"
    Heartland Express continues to perform. The carrier posts another solid quarter in the face of a "softer" environment.
  • Mom and pop store digitalization startup raises $40 million in Series C financing
    ElasticRun is an Indian logistics startup that connects convenience stores within specific regions and relays goods between them based on demand and lull times.
  • Atlas Air loses money from Q3 operations
    Updated at 8:40 p.m. Atlas Air Worldwide Holdings Inc. (NASDAQ: AAWW), buffeted by a weak global airfreight market exacerbated by trade disputes and disruptions from...
  • Midwest bracing for Halloween snowstorm (forecast video)
    Several inches of snowfall, gusty winds, travel troubles heading to several Midwestern states as October ends.
  • Orbcomm sells off on quarterly report as it pushes subscription service
    Orbcomm, Inc. (NASDAQ: ORBC) sees its shares sell off after its quarterly report. The company's transition to subscription service, and the accompanying delay in revenue,...
  • Uber, Lyft, DoorDash try end run of California's AB5 with new bill
    Backers seek to put ballot initiative to state voters with aim to redefine independent contractor drivers.
  • U-Freight Group unit launches Philippines delivery service
    Platform addresses lack of delivery options in the Philippines
  • Today's Pickup: Canadian carrier sees Uber Freight as a "game-changer"
    Montreal-based Transport DSquare got an early taste of the platform on a Mississauga-Montreal haul and sees good things for the Canadian freight market.
  • Jacobs to introduce cylinder deactivation technology, improved engine brake
    Jacobs Vehicle Systems is introducing a new engine brake designed for lower rpms as well as two new technologies for improving fuel economy and reducing...
  • Hope lingers for trans-Pacific box-rate bump
    Even with a 15-20% increase in container freight costs from Asia to the U.S., prices would still be far below 2018 rates.
  • Saia third quarter EPS hit by lower shipment weights, facility expansion costs; revenue stayed strong
    Saia withstands, as best as it can, a weak macro to post decent third quarter results
  • FedEx, UPS begin the great last-mile delivery divergence
    Expect rate divergences between FedEx and UPS into 2020, led by dramatic changes in last-mile deliveries
  • Commentary: Modern autonomous supply chains need an easy way to enable trust and security
    Brian Aoaeh writes about threats to supply chains from cyber attacks and the need for increased cyber security.
  • Truck manufacturers lose first round in price-fixing battle
    Tribunal rules $6 billion class action against manufacturers DAF, Daimler/Mercedes, Iveco, MAN and Volvo/Renault can proceed.
  • Hendrickson launches next-generation heavy-duty rubber suspensions for vocational trucks
    Hendrickson Truck Commercial Vehicle Systems unveiled its next-generation heavy-duty rubber suspension for the vocational truck market, the Haulmaax EX, at the North American Commercial Vehicle...
  • Why an audit of the supply chain starts with people
    One way to control supply chain costs is to regularly audit your logistics operations, but doing so, and doing so correctly, are two different things.
  • Size of C.H. Robinson's miss surprises Wall Street analysts
    Analysts now want CHRW to cut costs.
  • Everoad bags a €100 million contract with Groupe Casino for supply chain digitalization
    French freight technology startup Everoad has forged a strategic partnership with French mass-retailer Groupe Casino to help digitalize its supply chain.
  • Paws on the ground, nose in the air
    U.S. freight forwarders have increasingly embraced canines as part of their technology-driven air cargo security programs.
  • Cooper Tire builds its long-haul tire portfolio
    Cooper Tire has added a long haul tire to its Pro Series, giving it a full complement of tires for each position on commercial vehicles....
  • Super-powerful cyclone threatens Arabian Sea shipping and ports
    Ocean shipping along the coast of Oman, in the Middle East and throughout the Arabian Sea, is being disrupted by Cyclone Kyarr - the most...
  • Uber Freight announces Canada and cross-border expansion
    Bill Driegert discussed both the Canadian and Polish expansions.

The Bunker Bulletinweb site
OCTOBER 30, 2019
  • No impact on Russian FO expected from delay on river fleet sulfur cap
    Russia's plan to delay the introduction of a low sulfur cap on marine fuel used by its river fleet is not expected to impact the country's fuel oil market.
  • Total Q3 oil and gas output hits record high in 'volatile' environment
    Total's oil and gas production hit a record high 3.04 million barrels per day of oil equivalent in the third quarter.
  • Crude settles lower following 5.7 million barrel inventory build
    Crude futures fell Wednesday after the US Energy Information Administration reported a 5.7 million barrel build in crude inventories.
  • Norwegian Hurtigruten targets biodiesel for significant emission cuts
    Cruise provider Hurtigruten is currently testing biodiesel that could reduce greenhouse gas emissions by as much as 95% compared to traditional marine fuels.
  • Pemex trades HSFO woes for sweet-sour volatility
    With the new formula, Pemex will no longer have to worry about ongoing volatility in HSFO.
  • Global tonnage tightens on sanctions, tankers barred after Venezuela voyage
    Chinese major Unipec cancelled its charters with Cosco, a move a number of international trading houses followed.
  • Maersk and partners to develop biofuel for shipping
    "Our customers' ambitions on sustainability are increasing rapidly, and we applaud this development," Maersk said.
  • Petronas to charter 7,500 cu m LNG bunker vessel from MISC, Avenir: company
    The vessel will be capable of providing bunkering services to LNG-fueled vessels across Malaysia and transporting smaller scale LNG cargoes in Asia.
  • INTERVIEW: Freepoint crafts strategy to push for LSFO, LNG growth in Asia
    "In the oil business the most interesting thing now is the IMO deadline," Ouyang said.
  • Japan to review oil reserve systems amid Middle East tensions: METI minister
    "While we will closely monitor the Middle East situation, we will rigorously consider the future of the petroleum reserves," Kajiyama said.
  • India prime minister seeks Saudi partnership on strategic oil reserves
    Modi said he was grateful for the project and urged other energy companies to "make the most of the opportunities" in India's growth plans.
  • Singapore delivered 380 CST bunker premium at new record high on tight supply
    "Demand for [380 CST] bunkers remains firm on the whole, and the delivered market is seeing very good premiums now," a bunker trader said.

›››File
FROM THE HOME PAGE
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
They will have a gross tonnage of 54,300 tons and will be delivered in 2032
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
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