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Independent journal on economy and transport policy
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BRIEFS
December 18, 2020
Exim Indiaweb site
DECEMBER 17, 2020
  • Empty container shortages seen persisting into January
  • Evergreen takes delivery of two more 12,000-TEU newbuildings; to upgrade its Trans-Pacific services
  • Global Shippers Forum & MDS Transmodal join hands to bring out new quarterly review of global container shipping market
  • High spot rates from Asia to North Europe causing trouble for trade
  • Onion import conditions relaxed to counter high market prices
  • APM Terminals Pipavav handles highest number of double-stack trains in Nov.
  • Direct connection commences between Port of Le Havre & Russia and Finland
  • DPT Board deliberates on key issues
  • JNPT-Antwerp Port Training & Consultancy Foundation announces online course in break-bulk handling
  • DP World wins recognition for overall excellence in supply chain & logistics; best safety practices; training & skill development
  • Maersk enters into partnership with Novo Nordisk on global cold chain logistics
  • FY21 GDP contraction estimate revised upwards
  • WCO publishes updated version of Coordinated Border Management (CBM) Compendium

International Transport Journalweb site
  • 19 million bottles

The Loadstarweb site
DECEMBER 17, 2020
  • New drone footage shows ONE Apus loss could be worse than feared
  • Carriers must keep returning empty boxes to avoid shortage going into February
  • UK shippers demand parliamentary inquiry into port congestion
  • 'A milestone' as AirBridgeCargo deploys first B777F on Trans-Siberian route
  • Wider digitalisation has been forced upon ports by Covid pandemic
  • Cargojet digs deep and finds extra capacity to give busy DHL a lift
  • Priority Freight teams up with Jota to provide post-Brexit UK-EU air bridge
  • FedEx signs domestic deal with Qantas Freight
  • On the wires: Nippon Express & Kintetsu World Express - all you need to know
  • 2020 radar: What we went through - and what's next

Marine Logweb site
DECEMBER 17, 2020
  • Louis Dreyfus enters offshore wind crew transfer market
    France's Louis Dreyfus Armateurs Group and has partnered with U.K.-based Tidal Transit to sign a contract with GE Renewable Energy (GE) for two Crew Transfer Vessels for the Saint-Nazaire offshore wind farm.
  • NETSCo and LR to develop Jones Act compliant WTIV
    Lloyd's Register North America, Inc. (LR) has signed an agreement for a joint development project (JDP) with Northeast Technical Services Co., Inc. (NETSCo) to design and develop a Jones Act compliant wind
  • VIDEO: Great Lakes Towing christens two latest hybrid tugs
    Sister companies Great Lakes Towing Company and Great Lakes Shipyard yesterday joined together at their Cleveland, Ohio, facilities to celebrate the christening of the new tugs Pennsylvania and Wisconsin. Customers, vendors, community,
  • Van Oord orders cable layer at Vard
    Rotterdam-based Van Oord, a leading player in the market for laying and burying offshore wind power cables, has placed an order with Fincantieri Group member Vard for design and construction of a
  • Inmarsat acts to help two start-ups accelerate shipping decarbonization efforts
    As part of this year's "Decarbonizing Shipping" initiative run by venture developer Rainmaking Innovation Limited, mobile satellite communications leader Inmarsat. Inmarsat, has fast-tracked two start-ups to Certified Application Provider (CAP) status. The
  • Dr. Rick Bucher to take helm as Victaulic CEO
    Easton, Pa., headquartered mechanical pipe-joining solutions specialist Victaulic reports that Dr. Rick Bucher will succeed Dr. John F. Malloy as CEO, effective January 31, 2021. Bucher was named President of Victaulic in
  • Still owing around $1.3 billion, Bourbon will shed more vessels
    French offshores services leader Bourbon Maritime says that its recovery plan and a conciliation protocol signed with its creditors were validated on December 14 by the Commercial Court of Marseilles. Bourbon says

Lloyd's Listweb site
DECEMBER 17, 2020
  • US Gulf Coast refineries see reduced need for imported crude, consultant says
    The situation underlines a reversal in the petroleum shipping that has taken place since 2005 when marine terminals along the...
  • Dubai shipowner linked to Iran product tanker logistics chain
    One tanker was involved in an aborted ship-to-ship transfer with a Maersk Tankers vessel in December, suggesting other tanker operators...
  • Signal adds emissions calculator to spot market platform
    New tool can help charterers evaluate environmental footprint of bulkers or tankers available for their cargoes. It will be upgraded...
  • Marine fuel economics support LNG as propulsion alternative
    Investment economics still require a 20-year time horizon, with take-up also depending not only on the availability of LNG but...
  • ILO slams governments for failing seafarers
    The International Chamber of Shipping and the International Transport Workers' Federation welcome the direct rebuke of governments who are not...
  • Skuld combined ratio hits 118% at nine-month stage
    Returns from commercial operations and investment cushion members from worst impact of surge in pool claims, says chief executive Ståle...
  • UK ports reject retailer demands for congestion inquiry
    No government inquiry is needed into port congestion and delays at Felixstowe and Southampton, which are part of a wider...
  • Fleet scarcity to boost 2021 LPG freight rates
    Strong LPG fundamentals are expected to present the segment with healthy demand in the coming year, while tight fleet supply...
  • Maersk Tankers-operated vessel aborts transfer of sanctioned Iranian cargo
    The incident ensnares the reputable Danish shipping company in the subterfuge world of sanctions-busting after risk compliance measures failed to...
  • Capacity management will be box shipping's new normal
    Tight cost controls and strict capacity management got container lines through the crisis of 2020. Yet while the outlook for...
  • LNG industry finds light in the dark
    Next year will see fewer cargo cancellations as existing LNG plants ramp up output, which will help boost LNG fleet...
  • Alternative finance is on the rise as Chinese lessors falter
    Ship finance has ceased being a matter of banks or public markets and experts say there are potential sources of...
  • Expansion in US LNG exports drives winter shipping rates
    US-Far East trade has risen this winter, fed by a wider east-west arbitrage window
  • Daily Briefing
    Free to read: Read our 2021 Tanker Outlook | Is the UK really taking on Singapore? | Exclusive interviews with...
  • Keppel O&M lands $600m wind vessel order
    Construction on the vessel is already under way at Keppel AmFELS in Brownsville, Texas. The newbuilding is touted as the...
  • Rongsheng Petrochemical eyes chartering 10 VLCCs
    Tanker experts have questioned Rongsheng's plans to order 30 VLCCs to serve its own refining projects. Some ships might have...
  • US sanctions four companies for supporting Iran's petrochemical sector
    The announcement comes as Iran's President Hassan Rouhani says his country is not 'excited' by Joe Biden taking over at...

The Journal of Commerceweb site
DECEMBER 17, 2020
  • Truckload driver pay, job turnover rate both rising
  • Carriers' on-time reliability falls to record lows in November
  • US regulators warn container lines on obligation to serve exporters
  • AscendTMS-Convoy integration shows small carrier software momentum
  • Maersk extends European intermodal footprint with Duisport deal

TradeWindsweb site
DECEMBER 17, 2020
  • Capesize congestion worsens amid bad weather, Covid delays
    Number of capesize bulkers clogging Australian ports has doubled from last week, brokers say
  • Star Bulk Carriers buys three capesizes in ships-for-shares deal with ER Capital
    Greek bulker owner has had options to acquire the vessels since August 2018 and is finally pulling the trigger on the deal
  • Diana Shipping continues capesize fixture with Koch Shipping
    New York-listed bulker owner has five other ships chartered to the commodities trader
  • Gunvor buys into ship tech venture led by Olympic champion sailor
    Trading giant has acquired a minority stake in Artemis Technologies, which is developing zero-emissions ferries in Belfast
  • UN agency rules governments' handling of crew crisis is 'unlawful'
    Landmark judgement orders governments to provide medical services to crew and repartriate stranded seafarers
  • Gil Ofer reveals line-up for second year of EPS tech start-up project
    Maritime accelerator scheme involves companies trying to launch robotics, AI and machine vision businesses.
  • Thenamaris pares down swoop on Greathorse capesizes
    Major Greek shipowner picks up only one in four bulkers it tied up on subjects in early November
  • Maran, Ridgebury and BULL dispose aged tankers in resilient asset market
    Old tonnage still can command a decent price but outlook is weak due to earnings prospects
  • Greek tanker confirmed boarded for third time, despite false alarm claim
    Gunman caught on handysize tanker's CCTV off Nigeria
  • Restructured Bourbon to sell or scrap more than 100 ships
    Bank-owned offshore vessel giant has seen debt cut by more than $1.8bn, but still wants to reduce its vessel count
  • Former Bourbon PSV quartet sells at auction after 65% price cut
    Sixth time lucky for Chinese lender ICBC as offshore vessels finally find buyers
  • Shearwater seals $437m refinancing after WesternGeco takeover
    Geophysical shipping company taps lenders for new facility over two and four years
  • New Oman Shipping boss plots fleet renewal and charter talks
    Shipowner says it is focusing on eco vessels and persuading charterers to renew deals
  • Breakers continue to gobble up capesizes in busy market
    Alpha Bulkers and NYK shed older units, with more to come
  • Seaspan selling $200m of bonds to fund potential acquisitions
    Containership owner looking to diversify capital base at attractive price
  • Industry think tank established to pave way for global vaccine roll-out
    Shipping groups seek solutions to problems posed by inoculation challenge
  • Hellenic Shipyards sale may hit snag after receiving single bid
    Greek shipping investor Theodore Priovolos offers $18.4m upfront for Stavros Niarchos-founded yard, but the government in Athens may find this is too little
  • Bulker orders stack up in China as Jiangsu Ocean splashes out ultramaxes
    Order for four ships split between two shipyards in the Cosco stable
  • Reborn Kleven yard secures new order as Age Remoy moves into wind sector
    Shipbuilder bought by Green Yard in the summer wins vital new work
  • Okeanis recoups 65% of $40m scrubber costs as profit soars in 2020
    Greek owner makes back $26m of capex as earnings set to top $100m
  • Royal Caribbean moves ahead with vessel sales as restart date drags into 2021
    Miami-based cruise operator sells two oldest ships in flagship brand for what appears to be further trading
  • Keppel Corp to build $450m WTIV at US shipyard
    Singapore company lifts veil on identity of company behind renewable vessel order announced in October
  • Late VLCC surge adds sparkle to a dismal year for shipbuilders
    Hyundai Samho nets fresh contract with Asian owner in end-of-year dash for newbuildings
  • MOL takes delivery of Japan's 'first' LNG-fuelled coastal bulker
    Ship will deliver imported coal to countries largest coal-fired power plant in Aichi prefecture

American Shipperweb site
DECEMBER 17, 2020
  • Container ships suffer record delays as demand spikes
    Will your cargo ship arrive on time? Globally, the chances are now 50-50. In the Asia-U.S. container trade, it's less than one in three.
  • US offers vaccine makers supply chain support as delivery tempo increases
    Operation Warp Speed and the delivery of the Pfizer COVID vaccine are clicking on all cylinders, but that doesn't mean production and distribution are going...
  • Qantas Freight renews domestic air contract with TNT/FedEx Australia
    FedEx Express and TNT Express are integrating. They will continue to outsource airfreight to Qantas under a new deal.

The Bunker Bulletinweb site
DECEMBER 17, 2020
  • OIL FUTURES: Front-month WTI settles above $48/b for first time since February
    Front-month NYMEX WTI settled above $48/b on Dec. 17 for the first time since February amid a bevy of bullish news on the new vaccine rollout, a potential deal on a US coronavirus stimulus package and optimism on a post-Brexit trade agreement finally being reached between the United Kingdom and the European Union.
  • TENDER DATA: S Korea's EWP buys 540 CST LSFO for December
    Korea East-West Power Co. bought low sulfur fuel oil, or LSFO, for December as South Korea shuts coal power plants this month, a company source said.
  • REFINERY NEWS: South Africa's Cape Town still closed
    South Africa's Astron Energy Cape Town refinery remained closed, the company said Dec. 17, but work has commenced on a plan for a safe restart though "it remains too early to determine when that will be".
  • First VLGC powered by LPG headed from US toward Panama Canal: Platts cFlow
    **BW Gemini departed Enterprise facility Dec. 13 **Achievement bullish for propane demand
  • Gunvor invests in Artemis Technologies' push for low-carbon ships
    **Project targets vessels with zero emissions during operation **IEA predicts over 60% of emissions savings in 2070 to come from technologies unavailable
  • FEATURE: Politically fractured Iraq's fiscal struggles strain its OPEC commitment
    **Compliance with OPEC+ oil cuts seen waning **Competing US, Iran influence complicate policy **Oil and gas investments may be at risk
  • Naphtha export port Algeria's Skikda resumes ops after weather delays
    **Delays not impacting NWE prices despite stronger crack margin **Naphtha arb cargoes to the East delayed from Algeria
  • Okeanis Eco Tankers recoups 64% of scrubber capex within two years
    **Payback expected to be 4-6 years **Hi-5 72% lower than at start of year
  • FEATURE: Bunkers may face bearish 2021 on VLSFO supply boost, mixed shipping prospects
    **Mostly firm sentiment for 3.5%S fuel oil **Oil inventories to weigh on tanker demand **Bullish streak in containers should last into Q1
  • REFINERY NEWS: Falconara desulfurization unit operational after works: source
    API's 85,000 b/d refinery in the Italian coastal town of Falconara Marittima has completed works on its U2500 desulfurization unit and restarted it successfully after the maintenance and upgrade cycle, according to information provided by sources to S&P Global Thursday.
  • Probunkers submits request for Singapore LNG bunkering license
    Probunkers said Dec. 16 it has submitted a request to provide LNG bunkering operations in the Port of Singapore.
  • REFINERY NEWS ROUNDUP: Some maintenance ends in Europe, TAL shipments resume
    Some maintenance has finished in Europe with refineries restarting but temporary closures remain in force at a number of plants, both full and partial.
  • REFINERY NEWS: Dutch Pernis completes work on unspecified unit
    Shell's Pernis refinery in the Netherlands has completed works on a unit that started mid-October, it said earlier this week, without specifying which unit.
  • Japan's domestic clean product shipments fall in Oct on weak jet fuel demand
    Japan's total clean product domestic shipments fell 9% on the year to 5.02 million kl, or 31.58 million barrels, in October due to the weak domestic jet fuel demand, according to the latest data from the Japan Federation of Coastal Shipping Associations.
  • Prince Abdulaziz says OPEC+ committed to stable oil market, even with disagreements
    **OPEC+ should stay proactive, energy minister says **Saudi Arabia targets market stability, not specific oil price **Saudi budget slashes spending to narrow deficit
  • Container shipping strength to last into Jan-Feb: analysts
    **Sharp price rise implies cargoes being rolled over **Active capacity repositioning may incommode backhaul shippers
  • Biden hones climate focus with recent slate of expected energy post picks
    **Granholm has record spurring renewables, EVs **McCarthy advanced key Obama climate rules **Buttigieg championed strong decarbonization goals
  • Malaysia frets over excess transport fuel supply after Oct refinery output hike
    **Gasoline output up 16% on month but driving activity tumbles **Domestic refiners plan to lower run rates in near term **Higher fuel exports weigh on regional gasoline market structure
  • Eight energy majors agree energy transition principles, action on emissions
    **Seven European majors plus Occidental sign up **Focus on reducing emissions, transparency **Carbon intensity metrics to be developed
  • TENDER DATA: Sri Lanka's Ceypetco buys 180 CST HSFO for Dec 27-28
    Ceypetco is procuring fuel oil on behalf of West Coast Power Pvt. Ltd. and other local power companies for power generation.
  • ITALY DATA: Oil product demand falls 16% in Nov amid restrictions: Unione Petrolifera
    Italy's demand for refined oil products in November fell 16%, dropping 766,000 mt year on year to 4 million mt, curbed by new COVID-19 restrictions rolled out by the government, according to industry group Unione Petrolifera.
  • FEATURE: More gloom for European refiners in 2021 on weak margins, new capacity
    **COVID-19 exacerbates 'structural weakness' **More capacity expected to close in coming years **New refineries, upgrades elsewhere pose challenges

›››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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