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Independent journal on economy and transport policy
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BRIEFS
October 7, 2010
The Business Timesweb site
Shipping News
  • Share sale nod buoys Shipping Corp of India
    Shares in Shipping Corporation of India, the country's largest shipping firm, leapt by as much as a fifth yesterday after the Indian Cabinet approved a 10 per cent stake sale in the state-run company.
  • SITC drops 7.9% in debut trading in HK
    SITC International Holdings Co, a Chinese company that provides marine shipping services, fell on its first day of trading in Hong Kong as investors sold stocks on concern a slowdown in trade may hurt growth.
  • Houston Ship Channel opens to tanker traffic
    The Houston Ship Channel, which serves the largest US petroleum port, opened for inbound tankers and all outbound traffic after crews lowered the damaged electrical tower that closed the waterway, the Coast Guard said.
  • Supertanker glut cuts earnings

Sched Netweb site
  • Naval forces build, but fail to reduce pirate earnings
  • NYK back in black, but president says boxes not sustainable
  • Safmarine opens Indian subcontinent region in Mumbai
  • APL announces plan to use low-sulphur fuel in Hong Kong
  • Transpacific Stabilisation Agreement invites shippers on panel
  • China-Africa trade expected to top US$100 billion
  • Jiangxi customs posts 24.1pc increase in laden container volume
  • UPS Freight to raise rates in North America
  • Houston port spends US$340,000 to promote trade in Singapore
  • Houston Ship Channel reopens after barge collision
  • Pakistani rice shippers bemoan Kenyan delays, high charges
  • Triton Container is up for sale again for US$1 billion
  • Sri Lankan customs implicated in missing Tamil refugee aid
  • Bulgaria borrows from Japan to finance Black Sea terminals
  • 18 container vans of Brazilian 'smuggled' in Mindinao
  • Aeroflot posts big passenger increases for 2010
  • Ocean World Lines provides air cargo services
  • Private equity firm Greenbriar to buy out Dynamex

Exim Indiaweb site
  • Bhandari & Janakiram remain at helm of FEDSAI
  • CCEA gives go-ahead for SCI's FPO
  • SCI takes delivery of fifth LR-I product tanker
  • Teamglobal Logistics named LCL Consolidator of Year
  • Transworld Group walks away with 3 top honours at
  • Bids invited for export of rice, wheat to Bangladesh
  • Handicrafts exports surge by 22 pc in Aug.
  • KoPT switching over to ICES 1.5 in a week
  • Srivastava panel report on port tariff formula likely by Dec.
  • Rlys manages to get HSD at slightly higher discount from PSU oil firms
  • at 5-month high
  • India's trade confidence soars
  • More textile parks get CCEA nod
  • Street hits 33-month high
  • Global executives consider Games a competency test
  • Obama tryst with India Inc in Nov.
  • World Bank blacklists 3 Indian cos

International Transport Journalweb site
OCTOBER 5, 2010
  • National Container Company names new directors
    National Container Company names new directors Russia's National Container Company (NCC) has chosen Vitaly Mishin to be the director general of its logistics terminals. The new hea...
  • Petrolesport receives new container crane
    The Finnish corporation Konecranes has delivered a container crane to Petrolesport in Russia. The new equipment is able to lift 50 t under the spreaders and can be deployed to load...
  • CMA CGM: a naming ceremony for world's largest Maltese-flagged containership
    CMA CGM, the world's third largest container shipping group, recently held a naming ceremony for the 11,400 teu "CMA CGM Pegasus" at Malta Freeport Terminal in ...
  • Task force from Thailand visits Frankfurt Intermodal Terminal
    A task force on Asean connectivity from Thailand's foreign ministry recently visited Frankfurt Intermodal Terminal, which is located in the H'chst industrial park (Frankfurt, Germa...

Marine Logweb site
OCTOBER 6, 2010
  • Bidder emerges for Northrop Grumman shipyards

World Wide Shipperweb site
OCTOBER 6, 2010
  • Port of Bellingham Commissioners select Charlie Sheldon as director
  • Port of Port Angeles receives favorable audit report for 2009
  • APL plans to implement Hong Kong emissions scheme
  • Port of Olympia beginning economic development pilot program
  • Maritime Administration issues warning of increased piracy levels

Lloyd's Listweb site
OCTOBER 6, 2010
  • K Line to step in to rescue smaller owners
    Carrier ready to take over newbuilding deals of Japanese lines facing financing problems
  • K Line returns to profit
  • Japan's big three boosts earnings forecasts
  • Japanese majors point to long-term opportunities
  • Banks slash new lending capacity to owners
    Number of ship financiers that have cut their lending capacity has tripled in the...
  • Retreat by banks cuts owners' finance options
  • Korea Register urges greater Asian voice
    Asian shipping must step up contribution to industry overall
  • China must play bigger role in shipping
  • Bunker sales down 20% at smaller ports due to widespread slow steaming
    Ships making extra fuel stops at major hubs in order to avoid expensive prices...
  • Slow steam: Change of pace may be best for...

Fairplayweb site
OCTOBER 6, 2010
  • Houston channel re-opens
    TANKERS are being given first access to the Houston Ship Channel after it re-opened today, Fairplay has been told
  • Teekay confirms Exmar JV
    TEEKAY LNG has agreed to buy a 50% stake in two LNG carriers owned by Belgium's Exmar
  • Pod woes mount for Regent
    REGENT Seven Seas Cruises has been forced to cancel a second sailing aboard the Seven Seas Voyager due to a malfunction of its Dolphin podded propulsion system
  • Antwerp port to invest €1.6Bn
    THE PORT of Antwerp announced today that it has approved an investment plan for the period 2011-2025, amounting to €1.6Bn ($2.2Bn)
  • Piracy court plan stalls
    PIRATES could be the winners in a dispute between the European Union and Mauritius if the Indian Ocean nation insists on the right to bring back the death penalty
  • Dockworkers charged over drugs
    NINE NEW York and New Jersey dockworkers have been charged over a multimillion-dollar drug trafficking and stock fraud scheme
  • Pirates 'kill' master
    PIRATES have killed the master of a UAE-owned ship in the Persian Gulf, Fairplay was told today
  • Oz report warns of future spills
  • MMHE aims for $647M in IPO
  • SCI stake sale confirmed
  • GPPL eases debt burden
  • SITC stumbles on debut
  • Putin rejects port claims
  • Greek PM woos India
  • Investors pounce in Germany

The Journal of Commerceweb site
OCTOBER 6, 2010
  • Marad Warns of Increasing Pirate Attacks
  • Russian Ports Attract Foreign Investors
  • Trade Court Rules to Protect Brokers
  • Mumbai Container Volume Surged 36 Percent
  • Expert Insight: Industry Experts Answer Your Questions
  • N.J. Bill Would Abolish N.Y. - N.J. Waterfront Commission
  • Houston Ship Channel Re-opens
  • Rail Fuel Surcharge Challenge Moves to Hearing
  • Antwerp to Invest $2.2 Billion in 15 Years
  • Applied Weather Technology Expands in Asia-Pacific
  • Retailers Forecast Modest Holiday Sales

Containerisation Internationalweb site
OCTOBER 6, 2010
  • Transatlantic rates inch even higher
  • Contship denies terminal shares sale
  • First skirmishes in global currency war
  • DMCA and MPA sign MoU
  • HHLA confirms faith in inland services

TradeWindsweb site
OCTOBER 6, 2010
  • Tidewater pens PSV quartet
    Dean Taylor-led offshore owner inks $100m newbuilding deal with Drydocks World.
  • No fear for General Maritime
    Bank demand for asset sales is not a major headache for Peter Georgiopoulos-led shipowner, analyst explains.
  • Mitsubishi pens LPG fixture
    German gas player charters out ethylene carrier as Japanese trading titan continues its quest for LPG tonnage.
  • Greek grabs Nakata tanker
    Greek heavyweight shells out $14m to snatch products carrier from fleet of Tokyo-based shipowner, brokers say.
  • Tanker trouble to stay
    Top Ships boss Evangelos Pistiolis predicts a difficult years ahead for the VLCC market.
  • Fugro bags Middle Eastern MSV
    Dutch offshore owner coughs up $23m for Bahrain-flagged support vessel, sources say.
  • Polemis: 'Hold your horses'
    ICS chairman Spyros Polemis warns owners: 'I know you have the money, but stop ordering'.
  • Banks are backing Turkish owners
    Turkish shipowners are not facing lending cuts, according to Sadan Kaptanoglu.
  • Greeks set to talk about timing
    Greek Shipping Summit kicks off in Athens, with owners coming to terms with IMF monitoring of economy.
  • Solstad scores windfarm windfall
    Oslo-listed owner secures healthy payday for a vessel which was laid-up at the start of this year.
  • Banking big-wig in at TEN
    Former National Bank of Greece chief Takis Arapoglou joins shipowner's board.
  • Ofer plots $1.2bn STX splash
    Sammy Ofer's Zodiac is lining up an order for 10 mega containerships at STX Offshore & Shipbuilding, reports claim.
  • EMGS mounts 3D assault
    Norwegian owner squeezes more time out of EMGS offshore deal as PSV compiles 3D data.
  • Antwerp unveils big plans
    Europe's second-biggest port will spend EUR 1.6bn on upgrades and vessels by 2025.
  • Bridge loan forces Genmar sales
    New York-listed tanker owner must sell assets to meet terms of new bridge loan which also caps dividend at a penny.
  • Buy tag for newcomers
    RS Platou takes a shine to Saga Tankers and NOCC as it launches coverage of the Oslo-quoted companies.
  • Bulkers collide in Norway
    Marmaras vessel pushed by strong winds against Nissen Kaiun capesize at Narvik.
  • Pirates 'kill master' on UAE ship
    Sri Lankan captain said to have been stabbed and shot to death after bandits boarded Ocean Pride.
  • SCI shares surge in Mumbai
    Biggest jump for six years after India confirms it will sell 10% stake in shipowner.
  • Sevan Marine snares more cash
    Oslo-listed FPSO owner nets $83m loan to help repay a convertible bond.
  • Samho Dream back off Garacad
    Hijacked Korean VLCC ends latest mysterious meanderings by heading back to Puntland coast.
  • Shen Neng 'disaster' averted
    Impact of grounding of Chinese bulker on Great Barrier Reef could have been so much worse without effective response, report says.
  • MISC yard IPO eyes $660m
    Malaysia Marine & Heavy Engineering set target range for funds by owner in floatation attempt.
  • BW keeps Nexus stake
    Sohmen-Pao controlled group takes over former subsidiary APL's shares in FPSO player as part of Prosafe deal.
  • Rudder repairs sideline ferry
    Canada's Marine Atlantic down to two ships as Joseph and Clara Smallwood heads to shipyard.
  • Tanker grounds in Caribbean
    No pollution reported as storms rip Turkish vessel from its moorings at St Kitts.
  • More buildings bother for Latvian
    Riga tanker owner seeks out-of-court protection for another of its property subsidiaries.
  • NYK orders new slurry ship
    Japanese shipowner to replace troubled 1990-built bulker after agreeing new deal with Kiwi miner
  • Rise in idle boxships looms
    Weakening demand likely to lead to increase in number of laid-up vessels, says Alphaliner.
  • FMG settles last dispute
    Payout to Armada (Singapore) brings Australian iron-ore producer's long running series of disputes to a close.
  • Ferry and fishing boat collide
    Investigation begins after Canadian ship hits small vessel off Newfoundland, although no-one injured.

American Shipperweb site
OCTOBER 6, 2010
  • Yang Ming exits chassis business in 9 cities
  • New Military Sealift Command's Indian Ocean head
  • DB Schenker Rail aligns automotive units
  • PAM sells brokerage operation
  • Adisseo uses GT Nexus for export tracking
  • ALG adds presence to D.C., Houston areas
  • Decision shows importance of electronic customs filing
  • FMC reviews 10 OTI license applications
  • Bill would dissolve N.Y.-N.J. Waterfront Commission

The Scandinavian Shipping Gazetteweb site
OCTOBER 6, 2010
  • Kenya ends pirate-agreement
    Kenya has ended the agreement with the USA, EU and a number of countries to receive, try and imprison sentenced Somali pirates, the Kenyan daily Daily Nation writes. The agreement
  • Polferries closes ferry service to Copenhagen
    Polferries (Polska Zegluga Baltycka S.A.) terminates the ferry service from Swinoujscie to Copenhagen at the end of October. In the future passengers and cars will have to use Polferries' service
  • Swedish Club enters offshore sector from Oslo office
    The Swedish Club steps into a new business area, property and loss of hire cover for mobile offshore units, including FPSOs. A new office will be set up in Oslo
  • Little progress at IMO's MEPC 61
    No agreement on how to proceed with the IMO's climate change strategy and a clear division between developed and developing countries is what attendants at last weeks MEPC 61 are
  • Farewell to the Flyvefisken-class
    The Danish navy held a farewell parade for the remaining four ships in the Flyvefisken class on Monday October 4. The class of ships will be withdrawn from service and

The Bunker Bulletinweb site
OCTOBER 6, 2010
  • Fujairah market firms
    Prices fall in Durban.
  • Oil tanker runs aground following fuel delivery
    Second such incident for vessel this year, no pollution reported.
  • Bunker market firms in Rotterdam
    Not much volume in Hamburg market
  • Bulls push energy complex higher
    Not too late for consumer hedgers to lock-in protection against further upside moves.
  • 'Growing demand' for fuel-saving technology
    Applied Weather Technology positioning itself in Asian markets.
  • Port strike threatens to spread to refineries
    Strike disrupting bunker deliveries enters its tenth day.
  • IMO's sulphur monitoring programme to be expanded
    Initial report shows more than half of distillate fuels have sulphur content of 0.10% or less, meeting EU and voluntary sulphur standards.
  • Bunker award open for nominations
    Singapore looking for 'outstanding supplier or bunker tanker operator'.
  • Uptrend for mid week bunker prices
    Demand mixed at key Asian bunkering hubs, traders say.
  • New head for Kittiwake's US operations
    CEO was 'attracted by Kittiwake's commitment to research and development'.
  • Australia gets thumbs up for bunker spill response
    Incident response was 'well-resourced and well executed', says consultancy.
  • APL switching to low sulphur bunkers in Hong Kong
    Growing momentum to switch to cleaner fuel 'at berth' in a bid to reduce emissions at the port.
  • Californian port launches cold ironing facility for cruise ships
    Port of San Francisco first in the state to provide shoreside electrical power for sector, says EPA.

›››File
FROM THE HOME PAGE
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.
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.
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.
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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
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
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
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
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
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.
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