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Independent journal on economy and transport policy
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September 23, 2022
Exim Indiaweb site
  • Maritime And Logistics Awards (MALA) 2022 to honour some of the best in the business today
  • JNPA inks MoU for Jalna MMLP
  • Zipaworld launches its Multimodal App with the launch of National Logistics Policy
  • 'NLP is futuristic, ambitious & achievable'
  • Seamless transfer of logistics data across ministries likely by Nov.
  • GDP growth seen at 7 pc in FY23: ADB
  • 'The policy directs all players to collaborate to eliminate pockets of waste & inefficiency'
  • 'NLP will boost logistics efficiency through interconnectivity & tech-based integrated ecosystem'
  • CMA CGM Group orders seven new biogas-powered ships to serve the French West Indies
  • Pitney Bowes Parcel Shipping Index reveals 7% growth in India's parcel volume in 2021
  • Mahindra Logistics organises CATAPULT logistics incubator program focused on identifying technology solutions
  • IRS customers & stakeholders meet draws good response from maritime fraternity
  • DGFT notifies permission for export of broken rice in transit till Sept. 30
  • Coffee output seen dropping
  • AD Ports Group reaches key milestone in construction of CMA Terminals Khalifa Port
  • Ramp up in Golden Week capacity reductions
  • India unlikely to face impact of global recession: S&P

International Transport Journalweb site
  • Virginie Delcroix joins executive committee
  • Interactive map for Ukraine-EU border crossing
  • Urs Grütter in Swiss Supply Chain Hall of Fame
  • Italian carrier adds 20 e-locomotives to fleet
  • AAL appoints agent in India
  • Barjane's Marseille project on track
  • Gap widens in Hong Kong
  • Tool to calculate rail's carbon emissions
  • Simplifying dangerous goods booking process
  • Target promotes Gretchen McCarthy
  • Fresh produce delivered within 24 hours
  • A special unit for NYK
  • For a sustainable warehouse design
  • Champ accepts Challenge
  • 7.5 t e-truck to be tested in UK
  • Peter Falb to lead expansion in Austria
  • "Curiosity of the Day"
  • SFL opts for two new feeders

The Loadstarweb site
SEPTEMBER 22, 2022
  • Signals go green for transport of electric vehicles on China-Europe rails
  • Ocean and air freight demand softens - uncertain year ahead, says Geodis CEO
  • Capacity fears as APMT shelves Maasvlakte II expansion due to rising costs
  • Greenwashing: The thick green line (let's get real) - Part 4
  • SATS confirms interest in $3bn WFS, but 'does it have the financial clout?'
  • Ship-buyers look for discounts as newbuild orderbook is squeezed hard
  • Greenwashing: The thick green line (hydrogen bomb?) - Part 3
  • Deutsche Bahn invests record €19bn in greener locos and rolling stock
  • Forget linear, the digital SCOR model broadens supply chain thinking
  • Cainiao link boosts e-commerce player Shopline's market to 130 countries
  • Ceva's Janet Ang joins Crane Worldwide as VP industrial
  • Toll appoints Matthew Warrington as president of global forwarding

Marine Logweb site
SEPTEMBER 22, 2022
  • Report points to progress on shipping's path to zero emissions
    How far along is shipping on the path to becoming a zero emissions industry? A new study indicates that there are some encouraging first signs In September last year, the Getting to
  • ATSB makes recommendations to shipping operator after 10 fires in 14 years
    Sounds like this comes under the category of "when will they ever learn?" The Australian Transport Safety Bureau has issued safety recommendations to the managers and parent company of the cargo ship
  • Glosten and ABB introduce methanol-hybrid tug design
    Naval architecture firm Glosten and ABB have joined forces to develop a methanol-hybrid ship assist tug design that provides operators with a viable path to carbon-neutral operations while minimizing operating costs. Referred
  • St. Johns Ship Building lays keel for first CTV in 6 vessel series
    Palatka, Fla., based St. Johns Ship Building has held a keel laying for the first of the six aluminum crew transfer vessels (CTVs) on order at the shipyard for Atlantic Wind Transfers
  • "Fat Leonard" arrested in Venezuela
    Leonard Glenn Francis, the man at the center of the notorious "Fat Leonard" bribery case that has rocked the Navy, has been arrested at the Simon Bolivar International in Caracas, Venezuela. He

Container Newsweb site
SEPTEMBER 22, 2022
  • MABUX reports slight decrease in bunker prices
    Over Week 38, Marine Bunker Exchange (MABUX) global bunker indices continued moderate sliding downward with the 380 HSFO index falling to US$516.77/MT, the VLSFO index decreasing to US$783.41/MT and the MGO index dropping to US$1,112.26/MT). The Global Scrubber Spread (SS) weekly average - the price differential between 380 HSFO and VLSFO - continued to increase over Week 38 reaching US$266.64. I
  • CMA CGM orders seven new biogas-powered vessels to serve French West Indies
    French ocean carrier CMA CGM has confirmed the order of seven new container vessels, powered by biogas, aiming to upgrade its services to the French West Indies. Four of the new boxships will have 7,300 TEU capacity and the other three vessels will have 7,900 TEU capacity, while all the ships will have 1,385 reefer plugs. The newbuildings will be delivered gradually as of 2024 and are expected to
  • Congestion, a big piece of the supply and demand puzzle
    Introduction Dry bulk and container shipping markets have exhibited sharp declines in earnings over the summer. Many have attributed this to a drop in congestion. However, our data shows congestion persists at high levels, though it has shifted from more visible to less visible regions of the world. In this article, we explore the drivers of congestion and consider what are the implications for s
  • Sea-Intelligence reports ramp up in Golden Week capacity reductions
    Danish maritime data company Sea-Intelligence analysed blank sailings data from the leading container lines. The analysts said that blank sailings have for long been the carriers' preferred way of matching supply with demand. "This is what we would call tactical blank sailings," pointed out Sea-Intelligence. However, for much of 2020 and 2021, ocean carriers have struggled to maintain capacity in
  • CMA CGM, AD Ports commence works on new 1.8 million TEU terminal at Khalifa Port
    CMA CGM and AD Ports launched the construction of the new CMA Terminals Khalifa Port, a container terminal which is expected to be operational in the first half of 2025 and will have an initial capacity of 1.8 million TEUs. CMA CGM's port and terminal operator CMA Terminals will have a 70% share in the new box terminal, while AD Ports Group will own the remaining 30%. The project is estimated at
  • PIL's subsidiary makes maiden calls at Tibar Bay port
    Mariana Express Lines (MELL), a subsidiary of Pacific International Lines (PIL), has announced that two of its vessels Kota Dunia and Selatan Damai, made successful maiden calls at the new Tibar Bay Port earlier in September. PIL considers Asia as a key focus region and its subsidiary is involved in

Splashweb site
SEPTEMBER 22, 2022
  • Prosafe and Floatel International bag accommodation vessel extensions
    Offshore accommodation vessel owners Prosafe and Floatel International have secured charter extensions for their semisubmersible units operating in the UK and Norwegian sectors, respectively. In the UK North Sea, BP has exercised an option to charter the 2015-built flotel Safe Zephyrus through December 21, 2022, to continue providing gangway-connected operations supporting the Seagull project at
  • Performance Shipping fixes newly acquired LR2 ahead of delivery at $45,000 per day
    Nasdaq-listed Performance Shipping has fixed its LR2 aframax product tanker it agreed to acquire in August this year to commodity trader Trafigura at $45,000 per day. The charter of the 2010-built , which will be the seventh vessel in the company's fleet, is set to commence upon delivery in November and last between seven and ...
  • ADNOC mulls Gunvor swoop
    Abu Dhabi National Oil Company (ADNOC) is reportedly looking to buy all or part of the Swiss-based commodity trading giant Gunvor. ADNOC has been expanding its trading unit in recent years and has also bolstered its shipping and maritime logistics arm Adnoc L&S, to take advantage of its position as a major producer of oil, ...
  • Nexans adds to US offshore wind contract backlog
    French cabling firm Nexans has secured a new contract with ørsted and Eversource to supply the export cable for the 704 MW Revolution offshore wind farm. This will be Nexans' second contract in the US as part of the frame agreement with ørsted-Eversource, which provides the opportunity to supply up to 1,000 km of high ...
  • Poseidon Principles scales up green ambitions
    Banking signatories to the Poseidon Principles as well as parties committed to the Poseidon Principles for Marine Insurance are upping their green ambitions meaning shipowners will need to get their net zero credentials spruced up fast. 30 shipping banks and 17 marine insurance providers and brokers said today they would add additional trajectories to report ...
  • Scorpio Tankers declares purchase option on LR2
    Monaco-headquartered Scorpio Tankers has exercised an option to buy the 2016-built LR2 product tanker from Norway's Ocean Yield. This 110,000 dwt vessel, which is currently leased, was acquired as part of the acquisition of Navig8 Product Tankers in 2017. The New York-listed company said the purchase, expected to occur in the first quarter of 2023, ...
  • Transocean seals long-term semisub deal with Wintershall Dea and OMV
    New York-listed offshore driller Transocean has landed a contract with Wintershall Dea and OMV for the 2019-built semisub rig to drill 17 wells offshore Norway and also sealed a deal for the drilling of all their wells between 2023 and end-2027. The contract scope entails for OMV the drilling of three development wells for the ...
  • Maersk backs US Clean Shipping Act
    Danish liner giant A.P. Moller - Maersk is backing the proposed legislation in the US that seeks to zero out pollution from all ocean shipping companies that do business with the United States. The bill, known as the Clean Shipping Act of 2022, was introduced in July 2022 by two California members of Congress representing ...
  • Frenchman takes over IUMI presidency
    The International Union of Marine Insurance (IUMI) Council has appointed a new president and vice president as well as new executive committee and nominating committee members. Frédéric Denèfle, managing director of French marine war risks specialist GAREX, has been appointed president, supported by a vice president, Kosuke Hashimoto of Japan and general manager of Marine ...
  • Singapore offshore wind farm vessel newcomer names Europe CEO
    Recently launched Singapore-based pure-play offshore wind farm vessel owner Cyan Renewables has appointed Lars Christian Zøhner to lead its European business. Zøhner, previously the chief executive officer of Danish crew transfer vessel operator World Marine Offshore, will be responsible for overseeing the operations and growth of the firm's regional portfolio with headquarters in Denmark. He ...
  • Maersk Drilling secures more work off Suriname
    Maersk Drilling said that TotalEnergies has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to the work scope of the 2013-built drillship . The contract extension is for about 100 days, with work expected to commence in January 2023, in direct continuation of the rig's previously agreed ...
  • Singapore annual launches
    Today sees the launch of Splash's latest annual report. Published to coincide with Singapore's de facto second maritime week of the year, the 60-page Splash Singapore Market Report 2022 is a frank assessment of where the maritime hub's strengths and weaknesses lie. The two leading maritime hub reports - one compiled by DNV and Menon ...
  • Ex-chairman of ABG Shipyard arrested, accused of perpetrating India's largest fraud
    Rishi Agarwal, former chairman and managing director of ABG Shipyard, has been arrested in India, accused of cheating a consortium of 28 banks of around $2.83bn over a seven-year period through to 2012. Agarwal is accused of setting up around 100 shell companies to funnel cash from one of the nation's top shipyard in what ...
  • Germans team up in bid to create European recycling 'powerhouse'
    Two German companies are to work together in a bid to become the "powerhouse" of European green ship recycling. Cuxhaven-headquartered Leviathan has pioneered a method for near emissions-free ship recycling using robot-assisted cold cutting technology. This week Leviathan signed a cooperation agreement with Kiel's German Naval Yards to use its 426 m long drydock for ...
  • Prosafe awarded $33m US Gulf flotel deal
    Semisub accommodation vessel owner Prosafe has secured more work for its flotel Safe . The 2005-built unit has been booked by an undisclosed client to provide accommodation and construction support in the US Gulf of Mexico. The contract is expected to start in the second or third quarter of 2023 and last for about one ...
  • Further oil leak from bulker wreck off Gibraltar
    After residual oil was found spilling from the stricken bulk carrier, authorities took the decision to close Gibraltar's port again yesterday, including stopping all bunkering operations. The ship is submerged on the seabed less than 1 km from the coastline, having pranged with an LNG carrier on August 29. The ship, which is encircled by ...
  • Brazil expands port privatisation scheme
    The Brazilian government is expanding its port privatisation scheme putting both Rio de Janeiro's port authority Companhia Docas do Rio de Janeiro (CDRJ) and Pará state port authority Companhia Docas do Pará (CDP) on the sales block. "Simultaneously with the privatisation of CDRJ, the ports of Rio de Janeiro, Itaguaí, Niterói and Angra dos Reis ...
  • Are ports the new battlefront in the digital supply chain dilemma?
    Andre Wheeler on the risks of signing up to Beijing's Logink port management system. After attending a recent update on international trade opportunities, I was left asking questions. Are port and terminal operating systems which interface with China platforms unknowingly putting supply chains at risk in this volatile geopolitical environment? Are they inadvertently contributing to ...
  • US Maritime Administration to explore low-carbon options for shipping on the Great Lakes
    The US Maritime Administration (MARAD) has launched a 16-month study exploring low-carbon options for shipping on the Great Lakes. The research group, led by the International Council on Clean Transportation (ICCT) in partnership with the American Bureau of Shipping (ABS) and the Conference of Great Lakes and St. Lawrence Governors & Premiers (GSGP), will assess ...
  • US Interior Department announces offshore oil and gas lease sale in Cook Inlet, Alaska
    The US Department of the Interior announced that the proposed notice of sale for lease sale 258 in Cook Inlet, Alaska will be available for review in the Federal Register today. In the recently enacted Inflation Reduction Act (IRA), Congress directed that the Bureau of Ocean Energy Management (BOEM)

Lloyd's Listweb site
SEPTEMBER 22, 2022
  • Poseidon Principles endorse tougher shipping emission targets
    An updated ambition statement will be re-evaluated after the International Maritime Organization concludes a revision of its greenhouse gas strategy targets
  • Zero-emissions shipping goals for 2030 'partially on track'
    'Even though progress has been significant, more is needed to bring us to 5% and beyond,' says joint study
  • Seafarers must stick to basics as automation looms
    New tech is a fact of modern seafaring and the industry has started to embrace it. There are challenges to...
  • DSME secures second LNG tanker order in a month
    Newbuilding contract brings DSME's orderbook backlog up to 130 ships which includes 63 LNG tankers
  • Capesize market dips after rally
    Spot rates have dipped to $16,000 per day, following days of increases that saw the segment creep up to levels...
  • Tanker values continue to climb amid bullish market
    Positive sentiment in the major tanker markets is driving asset prices upwards with values of some VLCCs up 5% in...
  • Gibraltar suspends bunkering operations due to wreck
    Bunkering operations have been temporarily put on hold to focus resources on clean-up efforts following the grounding of a dry...
  • Shanghai port geared up to build $7bn new terminal
    SIPG said the project will help improve Yangshan's service capacity and the river-to-sea intermodal shipping in the Yangtze River Delta...
  • Meeting obligations on ESG 'is good business'
    Shipowners must already produce the data needed for the Poseidon Principles of Marine Insurance for IMO purposes. But calculating a...
  • South Korean yards in ESG and tech tie-ups
    HHI will use Palantir's Foundry platform to help with digital twinning and other automation projects as part of its Future...
  • IUMI elects Frédéric Denèfle as president
    Being president of the International Union of Marine Insurance gives the holder the ability to release all kinds of messages...
  • Start-up Asian offshore wind farm vessel firm appoints Europe chief
    New company says it is eyeing a $1bn investment in offshore wind vessels in the next five years
  • New cargo risks are loss-prevention headache for marine insurers
    'There is no efficient way to fight the fire. You can't reach the cars, and it's impossible to pump water...
  • Daily Briefing
    Industry attempts to amend EU carbon market amid delays | Why shipping's poor progress report requires high-level attention | EU...

The Journal of Commerceweb site
SEPTEMBER 22, 2022
  • Rate drops, surcharge absence signal weak intermodal rail peak
    Domestic intermodal providers have not put peak season surcharges in place in Southern California this year, a far cry from the $5,000 per container surcharges in Los Angeles each of the last two years.
  • India-US trade surges as sourcing slowly shifts away from China
    The growing popularity of "China-plus-one" sourcing strategies is working to India's benefit, sending trade between the US and India to record highs as shippers seek to diversify their supply chains.
  • Defeat of truck-only tolls to ease transportation costs in US Northeast
    A US court ruling that declared Rhode Island's truck-only tolls unconstitutional will save tens of millions of dollars in operating and shipping costs yearly for truckers and their customers.
  • Ten more shippers pledge to use zero-carbon vessels by 2040
    Sustainability ambitions from the world's largest cargo owners are ramping up pressure on carriers to accelerate their transition to zero-carbon fuels or risk losing high-volume business in the coming decades.

TradeWindsweb site
SEPTEMBER 22, 2022
  • Biden administration aims to make green shipping a highlight of next global climate meet
    White House official tells the Global Maritime Forum annual summit that focus on John Kerry's Green Shipping Challenge will be key on the agenda
  • 'Long runway': Ocean Network Express chief worries IMO could take years to lift carbon cost
    Jeremy Nixon says fuel oil prices need to come up for shipping's decarbonisation, but market-based measures could drag on
  • IKEA swears off using offsets in achieving net-zero fuel goal
    Swedish furniture giant wants 'drastic emissions cuts' as part of goal to slash carbon in half
  • Ten more cargo owners pledge support for 2040 zero-carbon goals
    Multinational shippers clamber aboard Aspen Institute's scheme to lower emissions
  • UN says Ukraine 'needs more, bigger ships', but shipowners fear Putin's threats
    Head of the UN's trade body has called on owners to provide more tonnage to export grain from Russia and Ukraine, but the war risks are deterring players.
  • Sterling Shipping bolsters fleet with kamsarmax bulker buy
    Malta-based owner also refinances its fleet of four panamaxes
  • Sweden's Sterling Shipping bolsters fleet with kamsarmax bulker buy
    Malta-based owner has also refinanced its fleet of four panamax bulk carriers
  • Trafigura takes Performance LR2 tanker at $45,000 two months before delivery
    Charterers still clamouring to secure tonnage on term deals
  • 'Bashing the table for shipping': UK minister's new brief welcomed by industry
    Chamber of Shipping and Major Ports Group see transport secretary's assumption of maritime responsibility as a positive
  • Former ABG Shipyard boss arrested in $2.8bn Indian fraud case
    Rishi Agarwal held by Central Bureau of Investigation on suspicion of misusing bank funds
  • Omens good for VLCCs as US shipments to China boost tonne-miles by half, says Vortexa
    Chinese imports supporting continued strength for big tankers, Ioannis Papadimitriou says
  • Streetwise: Amid a gale of green investing, why is wind player Eneti struggling to lift off?
    Finance newsletter explores stock price that one analyst scoffs at as an 'absurd' oversight, while others say better things coming in good time
  • Troim's anti-ESG stand-up act would make Elon Musk proud
    Special ocean advisor at New York-based UN Global Compact Sturla Henriksen called the performance 'not just irresponsible but bordering on indecent'
  • New chemical tanker captures give Carl F Peters flexibility to expand
    Boss Johannes Rath explains why German owner swooped for Uni-Tankers pair
  • TMS Cardiff Gas linked to latest QatarEnergy-backed LNG orders at DSME
    Latest two contracts bring booked pre-reserved slots against QatarEnergy charters to 13 for South Korean yard with another six contracts expected
  • Addition of German export credit giant KfW IPEX brings Poseidon Principles to 30 financiers
    Nearly two-thirds of global shipping finance is now signed up for framework to bring decarbonisation into lending
  • 'The urgency is clear': Poseidon Principles ups carbon-cutting ambition for ship finance and insurance
    Initiatives involving 30 shipping banks and 17 insurance providers say they will track clients' trajectory to contribute to keeping global warming below 1.5C
  • Carbon Ridge scores investments from major shipping names for onboard carbon capture
    Crowley and Berge Bulk back decarbonisation technology start-up also aligned with Scorpio Group
  • Adnoc 'in talks' to create shipping and chartering giant with Gunvor deal
    Trading sources report discussions over a full or partial acquisition of Torbjorn Tornqvist's $4bn trading group
  • Debt cut: Scorpio Tankers continues purchase spree with LR2 deal
    US-listed owner also reveals share buyback in strong product tanker markets
  • EnTrust Global's Purus snaps up wind farm fleet of HST Marine
    US alternative financier's shipping operation expands in offshore wind operations with takeover deal
  • 'Excessive speed': Cargo owners sue over Ever Given grounding
    Court papers filed in London say grounding was down to errors of navigation that hit global trade for days
  • Insiders snapped up MPCC stock as price dipped towards year low
    Major backer MPC Group and its executives add to their holdings in Oslo-listed tonnage provider as rates plunge
  • OceanPal takes reduced rate for capesize fixed to Hyundai Glovis
    Greek owner bought vessel spun-off from Diana Shipping in June
  • 'Significant upswing': Nordic American fixes suezmax for a year
    Herbjorn Hansson says company well placed to capitalise on higher rates
  • Smit Salvage to start work within weeks on 'time bomb' Yemen ship
    Operation is expected to take four months to remove oil from the decaying FSO Safer and prevent an environmental catastrophe
  • Russia oil price cap: US officials say shipping has nothing to fear if it acts in 'good faith'
    Treasury Department says shipping has little to worry about, so long as it vets its counterparties
  • New Singapore offshore wind farm vessel owner names Europe CEO
    Company recruits from within the industry to lead operation in Denmark
  • US officials: Shipping needs to act in 'good faith' on oil price cap compliance
    Two US Treasury Department employees said shipping has little to worry about so long as it vets its counterparties
  • Singapore-based Jaldhi Overseas turns to China for ultramax bulk carrier quartet
    The 66,000-dwt design was developed by Mitsui Engineering & Shipbuilding
  • Crude tanker trade hammered as Australasian imports drop more than 50%
    Poten & Partners details the impact of lost refinery capacity in the region
  • Putin's war has brought forward energy transition by '5 to 10 years', says Trafigura
    Rasmus Bach Nielsen believes the energy crisis triggered by Russia's Vladmir Putin is driving rapid action towards a low carbon economy
  • Garex chief executive Frederic Denefle appointed next IUMI president
    War risk specialist would like to work with P&I clubs to develop a claims database
  • 'No practical upward limit' on product tanker rates, shipowners say
    There are still several factors that could help boost the product tanker market, some owners and analysts are allegedly nervous to talk up
  • Semiramis Paliou is committed to protecting father's legacy while moving Diana Shipping forwardl
    Chief executive remembers when a female captain asked her what she was doing on her ship while she was working as trainee ship surveyor

American Shipperweb site
SEPTEMBER 22, 2022
  • West Coast ports sink to lowest share of US imports since early 1980s
    East and Gulf coast ports handled more volume than ever before in August, pulling far ahead of West Coast rivals.
  • 19 retailers committed to zero-carbon shipping fuels by 2040
    Retailers are coming together to send demand signals for zero-carbon shipping fuels.
  • Air Canada 360: Freighter aircraft jettisoned 20 years ago now embraced
    Air Canada had a dual fleet but got rid of its cargo jets years ago. A pandemic epiphany led the airline to invest in 12...

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