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Independent journal on economy and transport policy
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BRIEFS
September 1, 2011
The Business Timesweb site
Shipping News
  • Baltic Dry Index falls for 3rd straight session
    The Baltic Dry Index, a measure of commodity-freight costs, fell for a third consecutive session as bookings to ship iron ore from Australia and Brazil declined and stockpiles at Chinese ports reached an all-time high.
  • Containers stay at 50-year low as sales growth slows
    The container- shipping industry is contending with the longest stretch of near-zero rates in its half-century history on the Asia-to-Europe route, as a capacity glut combines with the slowest growth in trade since 2009.
  • APM to build and run US$992m Costa Rican terminal
    APM Terminals has won a US$992 million contract to run what it is calling the largest infrastructure project in Costa Rica's history - the new Moin Container Terminal on the Caribbean coast.

Sched Netweb site
  • China Merchants first half profit increases 102.5pc to US$116 million
  • Yang Ming, Wan Hai-Interasia offer weekly direct Japan-Indonesia service
  • Customs & Excise Department opens cargo service centre in Hong Kong
  • Mumbai's Nhava Sheva container throughput drops 2pc in second-half
  • Transpacific rate benchmark jumps 21.5pc as peak surcharges take hold
  • CMA CGM includes Cai Mep in Vietnam 3 on intra-Asia service loop
  • Neptune Maritime Security says Iran Navy in fight against Somali pirates
  • Australia QR National profit gains, but volumes softened by floods
  • At 77pc more trade to Hamburg, Baltic growth outpaces Europe's big players
  • Bulgaria's state railway BDZ cargo unit privatisation on course
  • Okay Airways signs cooperation agreement with Heilongjiang government
  • Russia's Prime Minister Vladimir Putin pledges support for aviation sector
  • Seattle's maths/tech heavy Aviation High School looks forward to new campus

International Transport Journalweb site
AUGUST 31, 2011
  • MOL earns commendation from Cambodian government
    Mitsui O.S.K. Lines, Ltd. (MOL) recently cooperated with the non-profit organisation Side By Side International (SBSI) to transport 34 medical vehicles and other equipment to help ...
  • Niedersachsen Ports steps up marketing activities
    Joachim Birk is the new head of marketing of Niedersachsen Ports GmbH & Co. KG, a Lower Saxony-based port operator. The MBA graduate will in the future oversee the cross-site m...
  • USD 200 million road loan to support growth in India's northeast
    The Asian Development Bank (ADB) is lending up to USD 200 million to reconstruct roads in northeastern India, which will reduce its isolation and open up badly needed growth and de...
  • Mechel leases mainline diesel locomotives
    Mechel, one of Russia's leading mining and metals companies, has signed a contract between Mecheltrans Vostok, Sinara-Transport Machines and VTB Leasing for the development, produc...
  • Switzerland: Camion Transport now using hybrids
    Swiss transport company Camion Transport (CT) has enhanced its fleet of vehicles with a Mercedes-Benz Atego BlueTec Hybrid. It is the first hybrid lorry in general cargo shipments ...
  • CN and CNBM Forest Products Trading strike lumber export deal
    The Canadian National Railway Company (CN) and China's CNBM Forest Products Trading have reached an agreement to use CN's new lumber transloading facility in Vancouver to increase ...
  • New weekly service AC-3 launched
    AC-3 - a new regular ocean container line of Maersk - launched a weekly service to the container terminal Vostochnaya Stevedoring Company LLC (a Global Ports group company). The fi...
  • Another customs first for Cargoitalia
    Italy's Cargoitalia has been approved by the Italian customs authorities to submit electronic T1 forms as of tomorrow, 1 September. The move will enable the airline to cut transit ...
  • China Southern Airlines joins Barig
    China Southern Airlines is the latest member of the Board of Airline Representatives in Germany (Barig), taking the number of members in the world's biggest national airline associ...
  • Dallas welcomes new Air China Cargo service
    Dallas/Fort Worth international airport (DFW) last week welcomed the first of what will be three Air China Cargo freighter flights a week, giving DFW additional cargo capacity to S...
  • CMA CGM carries more than 4.8 m teu in first six months
    CMA CGM, the world's third-largest container shipping company, has reported revenue of USD 7.3 billion for the first six months of 2011, an increase of 8% on the prior-year period....
  • Trans-o-Flex boosts capacities in Germany and the Netherlands
    The express delivery service Trans-o-Flex is expanding. A new central hub in s'Hertogenbosch and new sites in Bavaria and Brandenburg optimise the service provider's national and i...
  • Quehenberger: retail logistics for Libro and Pagro
    Austria's services provider Quehenberger Logistics is assuming responsibility for logistics services to 360 Libro and Pagro branches in Austria with immediate effect. In doing so, ...
  • Panalpina introduces new intra-Asia service
    Basel-based Panalpina explained that there have traditionally been only two main choices for cargo flows between China and Southeast Asia: costly air freight or slower ocean freigh...

Marine Logweb site
AUGUST 31, 2011
  • American P&I Club manager hires Asian region specialist
  • Fearnley's has an App for it
  • GulfMark Offshore orders three PSV's from Remontowa
  • VOS ballast water treatment systems ordered for Sovcomflot VLCC's
  • Bourbon CEO sees offshore service market upswing ahead
  • Ingalls Shipbuilding starts fabrication of fourth NSC
  • SeaArk Marine suspends acceptance of new boat orders

World Wide Shipperweb site
AUGUST 31, 2011
  • Washington Ferry System changes adopted by transport commission
  • Coast Guard teams with Army to remove bouy from Washington beach
  • Crowley presents scholarships to four Alaska Fairbanks students
  • Trucking group praises President for asking congress to fund transport
  • World Airways works deal to operate Boeing Freighter for Asiana

Lloyd's Listweb site
AUGUST 31, 2011
  • Can Cosco follow China Shipping to long-term contracts?
    Giant Chinese bulk operator's recent charter renegotiation antics will not help build credibility
  • Boxship businesses share risky outlook
    Ordering the large ships at market peak brings added pressure to secure cargo
  • Key to Sinotrans' success lies in stable charter income
    Shipowner stands out among Chinese state-affiliated shipping companies for its strong financial position and robust balance sheet
  • Bank lending under threat as sovereign debt fears are reignited
    Banks are becoming more cautious as cost of insuring debt soars
  • Owners cold-shoulder hot lay-ups
    Underlying optimism that demand will catch up with supply is keeping ships on the water
  • Time to put a stop to creeping localism
    The spawn of localism is protectionism, the child of which is a direct attack on world trade
  • Shipowners should look to technology before using armed guards
    Shipowners should consider anti-piracy technology before resorting to armed guards onboard
  • On the tourist trail in Rotterdam's sandpit
    Maasvlakte 2, the port expansion project that will provide 1,000 ha of new 'land' taken from the North Sea, is capturing ordinary Dutch people's attention
  • Rodopoulos bows out after 36 years at RBS
    Fellow veteran Fotis Bratimos takes over responsibilities at Piraeus operation of Greek shipping's leading lender
  • VLCC earnings slump to historic lows on Middle East to US trade
    Owners continue to ply the route hoping to find a trip back to Asia to boost overall returns
  • Two more Greek ferry lines see red
    National crisis, fuel hikes and intense competition all blamed for first-half woes
  • Oil and shipping players move to restore Libya trade quickly
    Nato warns of 'sporadic untargeted firings out to sea' but says they are celebrations
  • Capesize rates jump 18% as spot chartering activity surges
    Busy transatlantic trade lane gains nearly $4,500 per day, up almost 30%
  • MSC bargain panamax boxship charter price shocks market
    Rate of $12,000 per day for a 5,000 teu vessel is down 30% on last reported fixtures
  • Eurogate throughput jumps 13% in first half
    Sluggish Hamburg throughput expected to improve in second half
  • APM Terminals sells 25% stake in Xiamen Songyu box facility
    Deal with joint venture partner Xiamen Port Holding Group halves APM's interest in $380m Chinese port development
  • Stena scales down fast craft service
    Line trims Holyhead-Dun Laoghaire operation due to high fuel and maintenance costs
  • Höegh and Awilco maintain faith in LNG despite second quarter losses
    Demand and rates to stay high, say Norwegian companies
  • Boxship orders surge in 2011
    But 2007 record unlikely to be broken
  • Never mind the flag state
    At least for vulnerable vessel types, armed guards are the new normal
  • Belships takes shelter from worst of the market storm
    Keeping vessels on long-term charters pays off
  • Latest figures confirm sharp slowdown in trade growth
    OECD statistics reflect the developed nations' big budget deficits and emerging economies' inflation battles
  • Turning away from the market
    A key legacy of the financial crisis in shipping is that commercial banks wait in the wings while government funding is on the rise
  • India opens way to deploying armed anti-piracy guards
    New guidelines permit shipowners to engage private maritime security companies after a selection and vetting procedure
  • Norwegian Car Carriers sees charter rates rise 11%
    Tonnage provider expects year-long wait for stronger market despite improvements
  • Container lines prepare to resume Libya calls
    Maersk to reinstate service from September 8 while CMA CGM ready to return to Tripoli
  • Cosco starts to pay up
    Apparent turning point in wide-ranging charter hire spat comes just ahead of fresh wave of arrests, say industry sources
  • Eitzen to exit semi-refrigerated gas carrier market
    Disposal of ships to investment company B-Gas will raise $53m
  • NYK to issue $716m in bonds
    Company cites favourable conditions in the bond market for its decision
  • US verdict a major setback for foreign seafarers
    Court imposes Bahamas arbitration on personal injury case

Fairplayweb site
AUGUST 31, 2011
  • Wheatstone LNG moves closer in Oz
    DREDGING conditions have been imposed on Western Australia's Wheatstone LNG project as part of its environmental approval, IHS World Markets Energy reported today
  • Intereuropa investment ruins port's profits
    SLOVENIA'S only port operator, Luka Koper, said today it had net profits for 1H 2011 of €3.4M ($5M), a 36% drop against the same period of last year
  • Weak dollar hurts Bourbon
    FRENCH offshore vessel operator Bourbon today reported first-half net losses of €21.4M ($30.9M) after it was hit by a fall in the value of the dollar
  • Bank deal seen as Greek ship finance boon
    THE JOINING of two Greek ship finance banks announced this week will create Greek ship finance's fourth-largest lender, a leading sector analyst told Fairplay today
  • Shipyard group's losses widen
    HONG KONG-listed China Ocean Shipbuilding Industry Group, the owner of Jiangxi Jiangzhou Union Shipbuilding, today announced heavier first-half losses as it reported several disputes with foreign customers
  • Bumi Armada profits drop 18%
    MALAYSIA's FPSO specialist Bumi Armada said today net profits for 2Q2011 dropped 18% year on year to 61M ringgit ($20.4M), while 1H2011 profits rose 2% y/y to 143.1M ringgit
  • Logic breaks down in India's scrapping market
    VOLATILITY in the breaking market has turned to confusion after speculation by Indian yards pushed up offers, despite a drop in local prices for steel plate
  • COSCO International's profits drop 20%
    COSCO International Holdings today said its H1 net profits were HK$277M ($36M), down 20% from HK$346M ($45M) in that period of 2010
  • Drybulk port snarls ease
    AFTER rising for the past two weeks, congestion in drybulk ports in China, India and Australia is easing off
  • Handies dominate box sector's chartering
    STRONG intra-Asia box business ensured that Handysizes are dominating chartering activity
  • Maybulk profits fall 10%
    MALAYSIAN Bulk Carriers said today net profits for 1H2011 dropped 10% year on year to 74.5M ringgit ($25M)
  • Supramax bubble bursts
    SUPRAMAX bulker rates have risen for two weeks, but brokers told Fairplay today that the sector's bubble has burst
  • DryShips reveals earnings miss
    GEORGE Economou's DryShips today reported huge quarterly losses on vessel sales and fell far short of Wall Street forecasts

Containerisation Internationalweb site
AUGUST 31, 2011
  • Carriers confident of market upturn in H2 11
  • CMHI's H1 11 profits strong on back of Bohai and Yangtze ports
  • Lines to return to Libya
  • CSAV and CMA CGM expand Gulf Bridge Express service
  • APM T signs Moin CT deal

TradeWindsweb site
AUGUST 31, 2011
  • Analysts survey DRYS
    DryShips dispute with Cosco takes centre stage as analysts slash earnings estimates while clinging to coveted rating.
  • APM invests in Costa Rica
    AP Moller-Maersk terminal wing ploughs $992m into Central American container project.
  • Sevan sits on the brink
    Bankruptcy may be on the horizon for Oslo-listed FPSO owner following staggering $639m second-quarter loss.
  • EMGS goes shopping
    Oslo-listed seismic survey vessel owner takes on Seatrans duo as it prepares $15.8m acquisition of OHM.
  • Latvian loses less
    Vitol-controlled tanker owner brings down deficit in first half as it keeps eagle eye on administrative expenses.
  • Swire settles spill claims
    Small businesses paid, but Queensland state clean-up bill yet to be decided following Pacific Adventurer accident in 2009.
  • KPMI profit spikes
    Philippines shipyard's repair operations boom in second quarter as earnings surge.
  • George close to drill job
    DryShips reveals pending West African contract as Cosco dispute is briefly overshadowed.
  • Rodopoulos exits RBS
    Greek ship finance fixture heads for retirement to be replaced by long-term colleague Fotis Bratimos.
  • Colombo clinches ferry order
    Sri Lankan shipbuilder seals deal for two new passengerships for India's Lakshadweep islands.
  • Genting in the money
    Malaysian owner of Star Cruises and NCL said first-half earnings surged as revenue climbed.
  • Frontline joyride rolls on
    Oslo-listed tanker owner sees its stock enjoy a second day of climbs after its summer slump.
  • Nordic's arctic odyssey
    Danish owner teams with Sanko to take ice-class panamax bulker along Northern Sea Route to China.
  • Awilco starts at a loss
    Anders Wilhelmsen-backed LNG newcomer posts red ink in Q2 as it waits for its fleet to become fully operational.
  • Currency costs Erria
    Danish chemical tanker owner blames forex losses for bigger deficit in first half of 2011.
  • Boxship hits whale
    HMM's Hyundai Faith arrives in Rotterdam with dead orca wedged on its bow.

American Shipperweb site
AUGUST 31, 2011
  • 'Fueling' trade
    U.S. seeks partnership for drop-in biofuelsThe U.S. Agriculture, Energy and Navy departments on Tuesday issued arequest for informationlaying out the Obama administration's goals, assumptions and tools, and requesting from industry specific ideas ...
  • Irene's aftermath
    Freight rail feels Irene more than ports Ports and railroads in the direct path of Hurricane Irene last week appear to have dodged major problems, according to damage assessments. ALAN helps with Hurricane Irene relief In the aftermath of Hurricane...
  • September Cover Story
  • TSA unveils transpacific rate index
    June transpacific rates reached a 14-month nadir, according to a new monthly revenue index being published by the Transpacific Stabilization Agreement. The index tracks average revenue per FEU levels against a June 2008 baseline. In June, the inde...
  • 2011 large ship orders dwarf 2008-2010
    Fifty-two containerships of 10,000 TEUs or larger have been ordered since the beginning of 2011, dwarfing the number of such orders over the last three years, according to research from Braemar's Seascope division. Only 10 such vessels were ordered...
  • MCC revises intra-Asia loops
    MCC Transport, the intra-Asia specialist carrier of the A.P. Moller - Maersk Group, has made changes to a number of its services connecting various regions within Asia. The line's IA4 service will drop a call in Shanghai and add a second, southboun...
  • Delmas splits Med/Africa butterfly
    CMA CGM and subsidiary line Delmas have split a butterfly service connecting the Mediterranean and West Africa into two loops, according to American Shipper affiliate ComPair Data. The five-ship service, known as Diams, has been split into two thre...
  • CSAV adds ports to Gulf Bridge Express
    Chilean containership operator CSAV said it is adding ports to the Gulf Bridge Express service that it operates with CMA CGM between ports in South America, the Caribbean, Mexico and the United States. The service will add calls at Puerto Cabello ...
  • Jensen Maritime expands in U.S. South
    Jensen Maritime Consultants, a naval architecture and marine engineering firm, has expanded operations in the U.S. South by opening a second office within parent company Crowley Maritime Corp.'s Jacksonville, Fla., headquarters. This new office wi...
  • Fla. cargo carrier hit for safety violations
    The U.S. Federal Aviation Administration said Monday it plans to fine Capital Cargo International Airlines $298,500 for operating eight Boeing 727 aircraft that were inspected by an unqualified mechanic who signed off on their airworthiness, in vi...

The Bunker Bulletinweb site
AUGUST 31, 2011
  • Crude falls on news of increasing supply
    'We are following the stock market, and we're supportive on gasoline because of the idea that the storms may shut down some of the refineries,' says research analyst.
  • Fujairah prices firm
    Supplies said to be tight for prompt dates.
  • Double-digit gain in bunker prices
    Wide spreads in Rotterdam spot prices.
  • Aegean chief sees company gain momentum
    President upbeat after company's Q2 result beat analysts' expectations and class action lawsuits were withdrawn.
  • Russian oil company to expand international bunker operations
    Gazprom Neft to supply in Romania and Baltic states.
  • Solar sails could be fitted to bulk carrier
    Fuel savings would cover costs 'in two years'.
  • September fuel oil arbitrage at 32-month low
    But October volumes up in 'famine-to-feast' scenario.
  • High-speed ferry service cut as fuel costs bite
    'High costs, particularly in terms of fuel costs and gas turbine maintenance, has been a major factor,'says Stena official.
  • Mid-week price levels up at Asian ports
    Supplies of bunker fuel sufficient at key Asian ports on Wednesday.
  • US military issues RFI on drop-in biofuels
    Focuses on 'technical, manufacturing and market barriers' for starting a business on drop-in biofuels.
  • 'Largest' ice-breaking vessel completes model testing
    Iron ore carrier able to travel two times faster with 5% increased fuel efficiency.
  • Yang Ming ends first half with losses
    Blames losses largely on surging bunker fuel costs.
  • Singapore supplier receives 2,000 dwt newbuild bunker tanker
    2,000 dwt Sentek 22 currently awaiting harbour craft license to operate at republic.
  • Fuel monitoring tool launched
    Allows for monitoring an entire fleet's fuel usage through the internet.

›››File
FROM THE HOME PAGE
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Washington/Southampton/Rotterdam
Meanwhile, another tanker, the "Stolt Magnesium", was hit by a missile near Oman
European shipowners call for permanent derogations from the EU maritime ETS after 2030
Brussels
Exemptions for connections with islands and outermost regions, for polar class vessels, for transnational public service obligations and for search and rescue activities
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
Two VLCCs operated by the UAE's ADNOC were attacked in the Strait of Hormuz.
Abu Dhabi/Tampa
US Central Command announces reinstatement of blockade on maritime traffic in and out of Iranian ports
Trump announces a tax on goods passing through the Strait of Hormuz protected by the US
Washington/Portsmouth
Expected to be equal to 20% of the value of the transported loads
Six-monthly vessel traffic in the Straits of Malacca and Singapore increased by +3.7%
Port Klang
In the second quarter of this year alone, a decrease of -0.5% was recorded
In May, naval traffic in the Suez Canal increased by +15.0%
Cairo
In the first five months of 2026, 5,696 ships passed through the port (+12.7%)
OOCL records sharp increase in containers carried by its fleet
Hong Kong
In the April-June quarter, revenues generated by this activity grew by +19.8%
Strait of Hormuz, a container ship was attacked near the coast of Oman
Muscat/Portsmouth/New Delhi/Tampa
Fire on board. One crew member missing. 23 other sailors rescued.
At the port of Marseille-Fos, general cargo traffic is increasing while bulk cargo is decreasing.
Marseille
In the first half of 2026, cruise passengers increased by +5%
The Swedish government is calling for the EU maritime ETS to be extended to more vessels.
Stockholm
Stockholm stresses the need for the ETS to remain a pillar of EU climate policy
Assiterminal will bring the issues of concession fees, investments and intermodality to the attention of politicians.
Genoa
Proposal to grant a concession fee discount to terminals that increase rail traffic
Pirate attacks on ships continue to decline
London
In the first half of this year, 38 accidents occurred compared to 90 in the first six months of 2025.
There are still six thousand sailors trapped in the Strait of Hormuz region
London
Dominguez (IMO): I remain confident that the evacuation plan can be resumed
A study highlights the significant costs and counterproductive effects of the application of the EU ETS to maritime connections with western Sicily
Palermo
For the Naples-Palermo and Genoa-Palermo routes the annual cost varies between 2.9 million and 19.9 million euros.
Fincantieri to build third ultra-luxury cruise ship for Four Seasons Yachts
Trieste
The unit will be built in the Ancona plant and will be delivered in 2031
Fermerci urges the search for resources to support rail freight transport.
Rome
Paper: from the remodulation of the PNRR we expect that resources will finally be allocated to compensate for the damages that operators are suffering
Another tanker hit by a drone in the Strait of Hormuz
Southampton
The device caused limited structural damage
New attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit by a shell which started a fire
Evergreen founder's son investigated for insider trading
Taipei
He was released on bail today
ECSA: Shipping receives a cut of its EU maritime ETS payments.
Brussels
Italy, ranked third in Europe, earns €669-787 million. Only France and Estonia allocate a specific portion of this revenue to the maritime sector.
Fincantieri acquires Next Geosolutions, WSense, Graal Tech, and Defcomm to develop the underwater segment
Trieste
The first phase of operations involves an outlay of approximately 600 million euros
A new attack on a ship in the Red Sea raises alarm over a possible resumption of Houthi actions.
Portsmouth
The accident occurred 30 nautical miles southwest of the port of Hodeidah
The Regional Administrative Court (TAR) has accepted the appeal for the annulment of the environmental impact assessment decree for the Fiumicino tourist and cruise port.
Rome
The project - explains the ruling - although speaking of a "prevalent" recreational function, actually foresees a very significant cruise component.
Transport & Environment calls for the introduction of national cruise taxes and further EU measures to mitigate their impact
Brussels
Assiterminal's proposals for amending the Ports Bill focus on port work
Genoa
According to the association, the distinction between port operations and services must be overcome
Assologistica and Assoporti also request changes to Porti d'Italia Spa.
Rome
Both associations highlight the central role of the Port System Authorities
Peruvian judiciary rules that COSCO's private port of Chancay must be subject to public oversight
File
The corrections proposed by Confitarma, ANCI, the Port Authorities and the Italian Competition Authority (AGCM) to the port governance reform
Rome
AP Møller Holding to acquire Norwegian ship leasing company Ocean Yield
Copenhagen/London/Oslo
Holds interests in a fleet of more than 70 cargo vessels
CMA CGM to Invest $1.4 Billion to Buy FedEx Supply Chain
Memphis/Marseille
The American company has nearly 10,000 employees
Brittany Ferries announces plan to scale back operations
Roscoff
The company reports that the difficulties caused by the Covid pandemic and unfair competition have been compounded by the effects of the EU ETS.
ITF and JNG agree to maintain the designation of the Strait of Hormuz as a Warlike Operations Area until July 9
London
It provides seafarers with greater protection and more adequate compensation
Assiterminal highlights the difficulty of placing Porti d'Italia, as proposed by the government, within the Italian port system and within Community law.
Rome
Cargo traffic at Chinese seaports fell by -0.4% in May
Beijing
Containers amounted to 27.5 million TEUs (+2.9%)
The administrative process for the new Port Master Plan for Augusta has begun.
Augusta
TiL (MSC Group) acquires 49% stake in Indian port of Vizhinjam
Mumbai
The stake was sold by Adani Ports for $1.4 billion
Hanseatic Global Terminals (Hapag-Lloyd Group) to acquire 20% of Eurogate Container Terminal Hamburg
Hamburg
The German shipping group will also increase its stake in the Moroccan Tanger Alliance
La Spezia is among the Italian ports that are most increasing their connections to container shipping lines.
Geneva
Among the other main national airports, Vado Ligure and Ravenna are losing connections
Spanish shipowners call for EU maritime ETS revenues to be reinvested in shipping
Madrid
Boluda: Spanish companies will inject over five billion euros into the system by 2030
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Manama
Rejected any toll, tax or attempt to exercise control over the Strait
IMO suspends evacuation operations for ships awaiting transit through the Strait of Hormuz
London/Taipei
Evergreen says its container ship was hit while following the UKMTO-recommended route.
Four entities pre-qualified for the concession of the cargo terminals of the Ukrainian port of Chornomorsk
Gdansk
These are APM Terminals, Mariner/TAS, Yilport Holding and AD Ports/SKF Holdings UK
New attack on a ship transiting the Strait of Hormuz
Southampton
The container ship Ever Lovely was hit by a shell off the coast of Oman.
In 2025, 1,478 containers were lost at sea out of a total of 280 million transported by ships
Washington
On January 1st, the IMO regulation came into force which makes reporting of boxes lost at sea mandatory
BIMCO and ICS' latest report on the maritime workforce raises alarm over officer shortages
London/Bagsværd
In 2026, there will be a shortage of 39,100 STCW certified officers.
In 2025, intermodal traffic handled by Kombiverkehr decreased by -13.5%
Frankfurt am Main
Annual revenues down 8.3%
The government's proposal to update the rules on port governance raises more than one doubt
Rome
Costa: The lack of infrastructure planning cannot be solved with a joint stock company
MSC Cruises and Meyer Werft have not yet signed contracts for four new cruise ships plus two options.
Papenburg/Geneva
The companies expressed confidence that they could successfully conclude negotiations in the coming weeks.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
Geneva
In the second quarter of 2026 it was equal to 290.0 (+2.3%)
AD Ports has completed the acquisition of an 81% stake in Global Feeder Shipping.
Abu Dhabi
In 2025, the company's ships carried 2.8 million containers
An evacuation plan has been established for ships still waiting to transit the Strait of Hormuz.
London/Muscat
Dominguez (IMO): The operation will be carried out in close cooperation with Iran, Oman, all other coastal states in the region, the USA and the maritime industry
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Miami
Fuel costs rise to near-record levels in 2022
Reducing navigation speed and optimizing port calls are the key to decarbonizing shipping
Copenhagen
A new study by the Global Maritime Forum highlights this.
ECSA and A4E reiterate the need to allocate EU ETS revenues to the decarbonisation of ships and aircraft
Brussels
Essential to bridge the price gap between sustainable and conventional fuels
AD Ports' new bid to gain control of Egypt's ALCN rejected
Cairo
A new proposal worth approximately $580 million has been submitted.
John Denholm is the new president of the International Chamber of Shipping
Rome
He succeeds Emanuele Grimaldi, who has completed his four-year term
A ship was hit by a drone in the Black Sea
Odessa
One of the nine crew members died
Port of La Spezia: Dredging of the third port basin and navigable canal begins.
La Spezia
Yesterday, 25 ships passed through Hormuz, the highest daily number since April 18.
Singapore
Since March, the average has been 7.6 transits per day
Interferry calls on the EU to implement the EES pragmatically, or to suspend it
Victoria
The upcoming high summer season - the association denounced - risks suffering serious inconveniences
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
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
ZPMC Delivers New Ultra-High Wind-Resistant Port Cranes
Shanghai
The world's tallest rail-mounted reach stackers for empty containers have also been built.
Peninsula and Itochu form joint venture to supply ammonia bunkering to European ports
Gibraltar
The initiative in response to the growing demand for zero-carbon fuels
Konecranes announced its entry into Japan
Helsinki/Tokyo
Acquisition of 70% of Mitsubishi Electric FA Industrial Products
Saipem wins $2 billion contract in Indonesia
Milan
Seven IMO regional coordinators have been introduced who will provide technical support to the organisation's Member States.
London
Jadrolinija has inaugurated its new fast maritime service Ancona-Zadar
Ancona/Zara
It provides five departures per week and a crossing of approximately four hours.
Hapag-Lloyd to reorganize services in the Adriatic
Hamburg
The port of Ancona, removed from the ADX line, will continue to be served by the IAS service
Eleven nominations for the eighteenth edition of the ESPO Award
Brussels
This year's theme is dual-use port-city projects
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Jotun COSCO Marine Coatings signs agreement with COSCO Shipping Bulk for 125 new vessels
Sandefjord
Advanced hull performance solutions will be implemented
Maersk issues first order for new containers produced in India
Copenhagen
Local production has been stimulated by the introduction of incentives
Last May, freight traffic in the port of Ravenna grew by +3.4%
Ravenna
An increase of +10.6% is expected in June
Sardinia's Port Authority spent approximately €157 million in PNRR funds
Cagliari
Achievement of the targets expected by June 30, 2026
Hannibal will inaugurate a new intermodal service from Melzo to Rotterdam Europoort on July 8th.
Melzo
Six weekly trains are scheduled that will be able to carry up to 38 cargo units
PSA to build and operate container terminal at Vietnam's Lach Huyen port
Singapore
Agreement with Lach Huyen International Logistics & Industrial Park
Sandro Bucchioni and Andrea Fontana confirmed as presidents of the La Spezia freight forwarders and maritime agents.
La Spezia
New two-year mandate
Konecranes has acquired the nuclear and port services segment of Spain's Coapsa.
Hyvinkää
The company has an annual turnover of approximately four million euros.
PSA Italy presented its 2025 Sustainability Report
Genoa
The document highlights, among other things, the employment data and the economic impact on the territory
The Central-Northern Adriatic Port Authority confirms the completion of the projects financed by the PNRR
Ravenna
Mirco Carloni has taken office as president of the Central Adriatic Port System Authority.
Ancona
The Grimaldi Group has taken delivery of the new PCTC Grande Oriente
Naples
It will be placed on the Asia-Europe route
Port of La Spezia: 60 Sea Log workers rehired by other port companies
La Spezia
Pisano (AdSP): very satisfied with the positive conclusion of this dispute
The Central Adriatic Port Authority announces that it has achieved its objectives under the PNRR
Ancona
The funds coming from the plan financed by the European Union amounted to 39.6 million euros
A workshop on cold ironing and related risks and insurance solutions will be held in London.
London
Rossi (ADVANT-Nctm): effective infrastructure development must necessarily take into account legal and insurance aspects
Fincantieri signs an agreement in Albania for shipbuilding training.
Trieste
Skills development for the growth of the new Pashaliman naval industrial hub
Reorganization of ro-pax traffic areas in the port of Catania
Catania
Ferries will no longer be moored on the central jetty or along the eastern breakwater
Maersk raises fiscal 2026 forecast
Copenhagen
Continued growth in demand for containerized shipping and increased spot rates
Green light for the awarding of railway shunting services in the ports of Savona and Vado
New trucking area in the port of Genoa
The Italian Ports Association will hold its assembly in Naples on Wednesday.
Rome
The discussion on port governance reform will be at the heart of the proceedings.
Registration for seafarers' registers is now open to non-EU citizens residing in Italy.
Genoa
Vidotto (Foundation of the Italian Merchant Marine Academy): a step towards civilization
Project to build shipyard in Tartous port expected to accelerate
Damascus
Meeting between a delegation from Kuzey Star Shipyard and the leaders of the Syrian General Authority for Ports and Customs
Port of Gioia Tauro: Work to reactivate hauling and launching operations has been completed.
Gioia Tauro
These operations had been at a standstill since 2024
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will take place in Genoa on July 1st.
Genoa
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
Govt does not interfere in port management appointments - Loke
(Bernama)
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
In Spain, €11.8 million in eco-incentives have been allocated for the use of motorways of the sea.
Madrid
163,672 shipments made by 32 companies subsidized
ABB has signed an agreement to buy Norwegian marine automation company Høglund.
Zurich
The Tønsberg-based company's integrated automation system is currently installed on over 600 vessels.
Port of Gioia Tauro: tender launched for the redevelopment of the ro-ro docks
Gioia Tauro
Worth 5.6 million euros, the works will last 210 days
Grimaldi confirms the important role of the port of Catania in its strategies
Catania
The aim is to increase services and make existing ones even more efficient.
Annual growth of +6% in cruise traffic and +2% in ferry traffic is expected in the Adriatic
Venice
It is the only Mediterranean region to have recorded a decline in cruises in the period 2019-2025
PSA Padova established to develop and manage the Padua intermodal terminal
Padua
The shareholders of Interporto Padova and Padova Hall have approved the merger plan
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.
Spediporto has opened its own representative office in Hong Kong
Genoa
Giachero: the opening of this desk is also an opportunity for young people
Arcese, Conti and Cosulich establish a company for the port logistics of finished vehicles
Livorno
HMM orders eight bulk carriers and two gas carriers
Seoul
Investment of approximately 1.1 billion dollars
MPC Container Ships has purchased four 7,000 TEU containerships built between 2023 and 2024.
Oslo
Investment of 340 million dollars
FedEx posts record quarterly and annual revenue
Memphis
Total revenues in fiscal year 2026 amounted to $94.7 billion (+7.7%)
Geopolitical uncertainty has become the main risk for shipping
Munich
Evergreen purchases 140,500 new containers in China
Taipei
Investments totaling $358.9 million
Yesterday, the Strait of Hormuz was crossed by 42 commercial vessels
Paris
For the first time since the beginning of the conflict, several LNG tankers entered the Persian Gulf
Memorandum of Understanding for the Launch of Drone Use in the Port of Palermo
Palermo
Submission of the request for the establishment of U-Space
Saipem wins new $1 billion offshore contract in Angola
Milan
It was awarded by Azule Energy for the Greater PAJ project
Port of Ancona: Dredging work has begun on the seabed of quay 22.
Ancona
Approximately six thousand cubic meters of sediment will be removed
Confitarma welcomes clarifications regarding ship waste collection management.
Rome
The need for uniform application of the legislation throughout the country was highlighted.
The Tuscan Cooperation Development Fund invests in Uniport Livorno.
Livorno
Operation for a total of 880 thousand euros carried out together with co-investor Coopfond
Fit-Cisl, recognizing dock work as arduous is a priority
Genoa
Pagnotta: This is not a corporate claim, but a question of social justice.
Hupac increases weekly rotations between Antwerp and Busto Arsizio via France to four.
Noise
Two additional departures of the intermodal service introduced
From July, the tariff for naval transit through the Turkish Straits will increase by +14.9%.
Istanbul
It will be raised to $6.70 per net tonne
Fincantieri and Republikorp sign agreement to build multipurpose naval vessels in Indonesia.
Paris
The establishment of a joint venture is planned
Study on the divergences between the EU Ship Recycling Regulation and the Hong Kong Convention
Brussels/London
It has been published by ECSA and ICS
The 2026-2028 POT of the Southern Tyrrhenian and Ionian Sea Port Authority has been approved.
Gioia Tauro
Approval also granted to the 2026 budget forecast variation and to the update of the Port's Staffing Plan.
Autonomous Navigation: ABS, Polaris Shipping, HHI, and AVIKUS Sign Agreement
Athens
It will be tested on a VLOC under certain low-risk conditions
Tomorrow in Sant'Agnello (Naples) the inauguration event of the Italy Branch of The Nautical Institute
London
The topics of discussion will include energy transition in the maritime industry, maritime education and training.
The Municipality of Bologna is reconsidering the divestment of its stake in Interporto Bologna.
Bologna/Bentivoglio
An institutional delegation from Flanders visited the interport
Eni and Fincantieri sign agreement to develop innovative underwater monitoring technologies.
Milan/Trieste
Agreement focused on Eni's "Clean Sea" technology
In 2025, LNG consumption in Italy grew by +11% driven by industry and new uses, with the debut in the naval segment
Rome
Amadei (Federchimica LNG Group): Use ETS and FuelEU revenues to support investments and deployment of lower-carbon fuels.
RT&L partners with China's Guangzhou Salvage to strengthen its project cargo segment
Genoa
Bizzarri: the sector is characterised by wide margins for development and profitability
Last year, cargo traffic in Greek ports amounted to 140.8 million tons (-1.5%)
Piraeus
Goods volumes remained unchanged in the fourth quarter only
The International Container Study Center's board and governing body have been renewed.
Genoa
Filippo Gallo confirmed as president and Paolo Pessina as vice-president
Catani (GNV): allocate ETS proceeds to the development of synthetic fuel production chains.
Rome
Resources - he specified - also for port infrastructures and the reduction of the cost differential compared to traditional fuels
Consultation launched on plans to expand the port areas of Fos
Marseille
The goal is to involve residents and local stakeholders
Somec signs €60 million contract with Finnish shipyard
San Vendemiano
One of the most complex interventions ever entrusted to the Horizons division
Daniele Rossi, former president of the port of Ravenna, has passed away.
Rome
He led the port authority for over eight years
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