BRIEFS

testata inforMARE

13 September 2026 - Year XXX

Independent journal on economy and transport policy

17:06 GMT+2

BRIEFS

May 13, 2011

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*Shipping News* Boat Asia 2011 opens large and luxe Boat Asia 2011 opened yesterday, larger and more luxurious with several more firsts under its belt. Norden keeps outlook after Q1 profits fall Danish shipping line D/S Norden reported a smaller-than-forecast drop in operating profits for the first quarter, hit by a steep drop in dry-bulk spot rates, and said 2011 remains a challenging year. Earnings before interest and tax (Ebit) fell to US$30.0 million in January-March from US$68.6 million in the first quarter last year, the dry cargo and tanker shipping company said yesterday.

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OOCL and NYK cement charter deal for four 13,000-TEU ships Maersk increases piracy surcharge to US$200-$500 to pass on rising costs Hapag-Lloyd pre-tax profit up 140pc, but obligations drag net into loss Hanjin loses US$11 million on low rates, oversupply - despite rising volumes Shanghai container index up on all routes, but Asia-Europe FMC to hold secret session on value of freight rate derivatives China coastal shipping suffers from overcapacity and high yuan Shanghai's Japan import growth declines in March Chongqing handles 85,000 TEU of international cargo in first quarter Doha trade round fails to deliver, say US trade groups Emirates adds south China calls to Asia-Africa loop Deutsche Post DHL posts first quarter profit of US$462 million American Feeder Lines to make weekly calls on once mighty Halifax Bunker surcharges expected to surpass record highs this summer Feb NAFTA trade increases 11.8pc, US-Can up 10pc - US-Mex up 14pc Sri Lanka's Colombo struggles with capacity, expansion plans underway Drewry air freight index recovering after year-on-year decline China Southern's Xiamen Airlines orders six 787 Dreamliners from Boeing Qantas engineers call off strike, but flight cancellations remain TIACA appoints four more heavy hitters to 'already strong' board

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A. S. Shipping Agency donates mobile van to Dr Agarwals Eye Hospital Arshiya registers 56 pc jump in FY 11 consolidated revenue Hindustan Cargo is truly a company with a social cause Maersk vessel makes maiden call at ICTT as part of new service Maritime security firms form code of conduct & ethics NSCSA adds Mundra call to regular liner service NYK & OOCL finalise charter agreement for four 13,000-TEU vessels Adani Enterprises net profit zooms in Q4 & FY 11 Cabinet Committee on Infrastructure approves dry bulk terminal off Tekra Nhava Sheva CFS blaze put out Govt to limit cotton yarn exports once again New PPP policy will not be too rigid: Gopalan

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MAY 12, 2011
Call for third Hong Kong runway The Hong Kong Association of Freight Forwarders and Logistics (Haffa) believes that the two runways at Hong Kong airport, the world's largest airfreight hub, will only be able to h... Transaero fleet expands to 60 aircraft Russia's Transaero Airlines has increased its fleet to 60 aircraft after taking delivery of new generation Boeing B747-400 wide-body long-haul equipment. With its 15th aircraft of ... AA Cargo adds direct uplift between Finland and Chicago American Airlines Cargo (AA Cargo) has launched a new direct service between the Finnish capital Helsinki and Chicago IL (USA). The route, operated by B767-300, is the latest expan... Railcargo Austria posts loss again Railcargo Austria, the railfreight arm of Austria's state railway OeBB, posted a loss of EUR 353 million in 2010. The result led to a consolidated deficit of EUR 330 million f... Australian railway company orders new locomotives The rail service provider Genesee & Wyoming Australia has ordered nine 4,400 hp locomotives and plans to order more rolling stock and other facilities. This takes the company's... Germany: increase in new truck registrations A total of 31,000 commercial vehicles were newly registered in Germany in April, 13.7% more than in the same month in 2010. The number of new tractors leapt by 48.5%, and... Renault Trucks opens branch office in Tunisia The French commercial vehicle manufacturer Renault Trucks is opening a branch office in Tunisia called 'Renault Trucks Tunis. To date Ennakl Automobile Importeur was the official r... The ITJ team and "Heidi J" awaiting you in Munich The ITJ and its editorial and sales staff would like to accord you a warm welcome to the transport logistic trade fair, the world's largest exhibition for transport and logistics w... Martin Bencher Group opens new office in Sao Paulo The Martin Bencher Group, a Denmark-based professional shipping and forwarding service provider, opened a new office in Sao Paulo (Brazil) on 6 May. The facility is managed by Mikk... Presented: Antwerp-Chongqing rail connection for cargo A rail connection for moving cargo between Antwerp and Chongqing (China) was recently presented in Antwerp (Belgium). The project was established in 2010 by POM Antwerp (Devel... The European Marine Equipment Council elects new board The European Marine Equipment Council (EMEC) has appointed its new board as follows: Lars Gorvell-Dahll (Kongsberg) was chosen as president and Dirk Lehmann (Becker Marine Systems)... Duisport and Currenta step up collaboration The duisport group (Duisburger Hafen AG) and the chemical park operator Currenta GmbH, a joint venture between Bayer AG and Lanxess Deutschland GmbH, want to intensify their excell... Japan's shipping lines' prognoses for current financial year down The three Japanese deepsea shipping lines, NYK, K Line and MOL, are all expecting to have their 2011 profits dented by the impact of the earthquake that hit the country in Mar... Maersk Line to raise rates on Asia-Europe route The Danish carrier Maersk Line is raising the rates on the Asia to Europe route by USD 250 per teu on 1 June 2011. The increase will apply to all dry and reefer cargo moving from a... VW wants to take over MAN entirely Germany's Volkswagen corporation (VW) and Scania want to take over the commercial vehicle manufacturer MAN. VW already owns around 30% of MAN's shares and has made a suitable takeo...

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MAY 12, 2011
House reverses Gulf drilling moratorium Olympic Shipping orders third MT 6015 at Kleven MAIB issues report on containership elevator fatality

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MAY 12, 2011
The Greenbrier Companies making management changes NYK joining OOCL to charter four box chips Port Metro Vancouver expects big surge in cruise passengers ATA taps Jamie Hammons as regional vice president US inks deal with China for enhanced trade security

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MAY 12, 2011
Pick-up in Indonesia coal demand keeps supramaxes afloat Bright spot in a languishing market is pickup in coal demand bound for India's east coast Transatlantic medium range tanker rates set to fall further Earnings nudge down as ballasters crowd into northwest Europe Norden predicts daily MR tanker earnings of $13,000 Denmark's Norden, which has 37 product tankers alongside its dry bulk fleet, has predicted that earnings for its tankers will total around $13,000 per day in the next two years Panamax charter rates lose ground Prices fall despite optimistic mood from dry bulk owners at Mare Forum Italy China eyes more Arctic business Norwegian shipowner also keen to encourage two-way traffic on northern sea route MAIB warns of danger in lifeboat davits proximity switches Malfunction identified as cause of fatal accident on car carrier Tombarra Maersk boss cautions against fair-weather investments Weaker players who seek short-term returns can undermine market, but are then more likely to disappear Teekay Offshore Partners promises bigger dividends Boost to cash distribution in the first quarter Teekay LNG Partners hints of asset acquisitions Activity picking up in LNG sector, says chief executive Peter Evensen Contract cover allows Teekay Tankers to sustain dividends Company achieves $0.25 a share against weak spot market Wilh. Wilhelmsen profits ride a rollercoaster First quarter surges 31% year on year but is down sharply on last three months of 2010 Hapag-Lloyd in the red as soaring bunker costs hit earnings Carrier warns of tougher competition to come in second quarter Higher revenues for Aegean but profits fall Bunker operator posts solid first-quarter results, though rising fuel costs hit operating profit APMT hit by political and climatical events Unrest in Arab countries and Japan's quake cost terminal operator $12m Teekay losses double amid low spot rates and tonnage oversupply Diversity prevents company from being worse hit as 'challenging' year begins, says new chief executive Gratsos urges owners to insist on 'more profitable' fuel-efficient ships Yards 'need a kick' to abandon gas-guzzling designs, claims chamber president MISC full-year profits more than double from previous 12 months Malaysian shipping group posts improved bottom line after selling ships and subsidiary HCI Capital and Lloyd Fonds end first quarter still in the red KG companies continue to suffer Analysts back Transocean despite weak results Dahlman Rose blames perception of potential Deepwater Horizon liability for low ratio enterprise value Time is ripe for new LNG pricing model in Japan The case for cutting the link between natural gas and oil prices may seem incontrovertible, but there is is no alternative mechanism on the drawing board Sale of Malta Freeport proves tricky As CMA CGM seeks buyer for transhipment hub, wisdom of shipowners investing in ports is questioned Croatia's shipyards struggle to find investors Efforts to find backers hampered by constraints imposed by EU membership Amlin concerned over Netherlands-based insurance unit While London marine market rates rise, ACI's prospects are poor as premium tumbles in first quarter STX Pan Ocean reports $48m loss South Korean shipping company blames dry bulk market depression and rising fuel costs for hitting sales increase of 4.7% Norden weathers dry bulk 'perfect storm' Hedging strategy helps company return first-quarter net profit of $69m Hanjin Shipping sees net loss of $97m Asia-Europe competition hits boxship business, but bulk operations record $17m operating profit ICTSI net profit jumps 25% to $28.5m Growth due to economic recovery in key markets and solid performance in Asian ports

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MAY 12, 2011
Two killed in yard blast TWO MEN were killed in a shipyard blast in western Singapore this afternoon Qatargas threatens Europe QATARGAS has threatened to redirect LNG supplies away from Europe if importers there continue to rely on spot markets, IHS World Markets Energy reported today StealthGas selling four ships NASDAQ-listed StealthGas is selling four LPG carriers for a total $26M as it works to purge older vessels from its tanker fleet Norden defies its gloomy '11 forecast DS NORDEN today reported a 10% first-quarter rise in profits, defying its own February prediction of "a mediocre year" LNG unit powers Repsol REPSOL of Spain said today its net profits rose in the first quarter, powered by a 238.2% rise in operating income from its LNG division France to replace rescue tug FRANCE is planning to move a rescue and assistance tug to the Dover Strait after the UK decided not to renew the charter of another rescue tug covering the area STX Europe swings to black STX EUROPE returned to profits in the first quarter, despite a drop in revenues STX Pan Ocean slips STX PAN Ocean said today it lost $48.7M in 1Q2011, reversing profits of $20.17M for that quarter last year IEA turns negative TODAY'S monthly forecast from the International Energy Agency has trimmed the oil demand outlook, citing higher pump prices and weaker economic growth LNG shipping feels impact from Medgaz SPAIN'S LNG imports dropped 9% in April, the first full month that the alternative Medgaz pipeline has operated, IHS World Markets Energy reported today MISC loses $102.7M MISC SAID today that it lost 307.9M ringgit ($102.7M) for its fourth quarter ending 31 March, reversing net profits of 196.4M ringgit for the same period last year Hanjin to cut after losses HANJIN Shipping said today it plans "cost-cutting measures" after revealing operating losses for the first quarter of $11M - despite total sales of nearly $2Bn Seven bid for Vanino RUSSIA'S FAS anti-monopoly office has said seven companies have formally applied to bid in the auction - closing today - of the government's 55% port shareholding in Vanino Tallinn boosts volumes ESTONIA'S port of Tallinn has announced that it handled 3.63M tonnes last month, a 12.7% rise year on year Wilh Wilhelmsen posts jump in profits NORWAY'S Wilh Wilhelmsen Holding today said its net profits rose to $22

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MAY 12, 2011
Panama Canal Receives Bids for New Bridge The Panama Canal Authority received six proposals Tuesday from design and engineering companies or consortia around the world for the... Railroads Bulk Loads Fall, Intermodal Grows Carload traffic on North America's largest railroads slipped 1 percent in the most recent week, extending a slide the rails... Senators Propose Extending TIGER Grant Program A bipartisan group of senators is proposing legislation to extend the Department of Transportation's TIGER grant program through fiscal 2018,... Panalpina Adds Second Hong Kong-Huntsville Flight Forwarder Panalpina is expanding its scheduled freighter operations through Huntsville, Ala., with a second weekly service connecting the city to... DHL Converting Aircraft for Europe Fleet DHL Express will modernize its fleet in Europe with the acquisition of 13 A300-600 passenger aircraft and conversion of the... Cargo Rebounds at Hong Kong Airport Hong Kong International Airport's freight volume 6.2 percent in March over the same month a year ago as expedited shipping... Retail Sales Rise 0.5 Percent in April Retail sales rose for the 10th straight month in April, driven by higher prices at gasoline stations and grocery stores,... Greenbrier Taps Eitzen to Head Rail, Marine Units Railcar and barge manufacturer Greenbrier Companies named Mark Eitzen as vice president and general manager of its Gunderson factory in... Japanese Exports Still Declining After Disasters Japan's exports to the rest of the world are still sinking in the wake of the devastating earthquake and tsunami... Japanese Freight Forwarders Expand in Indochina Two Japanese international freight forwarders expanded their operations into Indochina, a Southeast Asian region sandwiched by two Asian giants --... ILWU Working to Keep California Ports Competitive The International Longshore and Warehouse Union has a reputation of militancy, but a Southern California union official said recent history... Hanjin Container Losses Grow to $28 Million Hanjin Shipping lost $28 million on container operations in the first quarter, compared with $23 million a year earlier, as... NYK to Charter New OOCL Ships in Grand Alliance Upgrade NYK will charter another four vessels with capacities of 13,000 20-foot equivalent units from OOCL under a new agreement between... India's Tariff Authority Orders Port Rate Reduction India's Tariff Authority for Major Ports ordered a 35-percent reduction in the scale of rates currently applied by Chennai Container... CMA CGM Discussing Sale of Stake in Malta Hub French ocean carrier CMA CGM is in talks over the sale of a minority stake in Malta Freeport Terminals, one... Hapag-Lloyd Raises Trans-Atlantic Rates Hapag-Lloyd announced general rate increases effective July 1 for all cargoes and container types for the North Atlantic and Europe-Mexico... Hapag-Lloyd Slides to $31.8 Million Loss Hapag-Lloyd fell to a $31.8 million loss after interest and taxes in the first quarter despite an improvement in operating...

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MAY 12, 2011
APM T's Fejfer demands 'above market' rates of growth Maersk expects 'challenging Q2', but 'above market profitability' Seacube stays strong CMA CGM confirms Malta talks NYK to charter 13,000TEU newbuilds from OOCL

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MAY 12, 2011
Cido sale ignites buzz Market chatter fingers AP Moller-Maersk and Navios as top contenders in acquisition of 20 Asian products tankers. StealthGas cleans house Harry Vafias at the helm as Nasdaq-listed owner sheds four LPG carriers in anticipation of reinforcements. Offshore helps STX Europe Korean-owned yard group boosted in first quarter by increased demand in oil and gas support vessel sector. Teekay margins squeezed Peter Evensen-led tanker player's woes continue as first quarter deficit spirals downwards. Navios repeats notes trick Angeliki Frangou-led tanker owner plots $105m swoop to fund the last of its seven VLCCs. TOO war chest intact Teekay Corp shuttle tanker wing poised to pursue growth with $380m worth of firepower following first quarter win. Tough for Teekay LNG Tanker and gas carrier arm of Teekay group sees Q1 profit slashed as exchange loss hits home. Teekay Tankers tops bets Bruce Chan-led owner toasts lending coup and also thanks Libyan trouble for stronger than forecast first quarter. Hurtigruten stays upbeat Record passenger numbers in the first quarter but Oslo-listed company remains in the red. Olympic back at Kleven Stig Remoy-led owner contracts third supply ship at Norwegian shipyard. Yard sale helps MISC Malaysian shipping giant's annual profit boosted by Malaysia Marine listing, but fourth quarter proved a struggle. 'No Maersk LNG bid' Carsten Mortensen says Danish owner will not be in the running to buy rival's gas ships as it sights bulker and tanker openings. Olsen loses wind charter Oslo-listed company has $40m wind vessel contract blown away but gets $1.35m compensation. Two killed in blast Workers die in explosion on barge at Haosen Marine in Tuas area of Singapore. U-Ming earnings slump Taiwanese bulker owner's profit slashed in first quarter as revenue falls. Oslo blow for quoted pair Jinhui and BW Offshore slip off prestigious Oslo Bors Benchmark Index to be replaced by a couple of companies from the Fredriksen Group.

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MAY 12, 2011
OOCL expanding Scandinavian loops Liner carrier OOCL said Thursday it is adding two calls and capacity to its two-loop Scandinavian Express (SBX) service. The line said the SBX2 loop will add a call at Kotka in Finland and a second call in St. Petersburg to give a revised rotation... MOL's Q1 transpacific reliability suffers MOL's Q1 transpacific reliability suffers MOL's Q1 transpacific reliability suffers Liner carrier MOL said this week its on-time performance worsened in the first quarter on the transpacific and transatlantic trades, but improved between Asia and ... NYK to charter 4 of OOCL's new big ships NYK to charter 4 of OOCL's new big ships NYK to charter 4 of OOCL's new big ships NYK Line said Thursday it has entered into an agreement with fellow liner carrier OOCL to charter four of the 13,000-TEU ships OOCL has ordered in recent weeks. OOCL... Hanjin sinks to $28 million Q1 loss Korean container line Hanjin Shipping suffered a $28 million first quarter operating loss, despite revenue increasing 19 percent to $1.6 billion. The loss was more acute than the $23 million the line lost in the first quarter of 2010. Hanjin's con... Hapag-Lloyd books $23 million Q1 profit German container line Hapag-Lloyd said Thursday it made $22.9 million (16.1 million euros) in the first quarter, a 140.3 percent increase on the same period in 2010. Revenue for the line increased 16.5 percent to $2.1 billion (1.5 billion euros) a... Japan/North America capacity drops Allocated capacity from Japan to North America has fallen markedly since early April, according to figures from American Shipper research affiliate ComPair Data. Allocated capacity -- that is, ComPair Data's estimate of the portion of vessel capac... 'A cultural change' Ports and Terminals Carriers' 1st quarter Hapag-Lloyd books $23 million Q1 profitGerman container line Hapag-Lloyd said Thursday it made $22.9 million (16.1 million euros) in the first quarter, a 140.3 percent increase on the same period in 2010. Hanjin sinks to $28 million Q1 lossKorean c... US trade grows U.S. exports up 4.6% in MarchThe U.S. Commerce Department on Wednesday reported the country's exports of goods and services in March increased 4.6 percent from February 2011 to a record $172.7 billion. The monthly increase in the export value for ...

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MAY 12, 2011
Fujairah market softens In Cape Town deliveries available for supply up to and including May 26. Move to subsidise fuel costs under attack Help for European fishing fleets will encourage 'fuel intensive, environmentally damaging fishing practices.' Prices fall in Rotterdam and Hamburg Some suppliers fully booked in Piraeus. Onshore fuel oil stocks slightly lower Arbitrage volumes to slacken in June. Hedging deals boost Norden's Q1 results But 2011 'is still expected to become a challenging year'. LNG supply network 'will come quickly' Small Norwegian company that has pioneered LNG supply to ships demonstrates potential for more widespread use. Wilh. Wilhelmsen back in profit despite rising bunker prices 'The underlying market development is positive,' says Jan Eyvin Wang, president and CEO of WWASA. Captain was playing video games in run-up to grounding Tugboat spilled 6,400 gallons of bunker fuel after hitting Exxon Valdez reef. Double-digit losses in key Asian ports 'Average' demand across key Asian bunker hubs on Thursday. Marine biofuel programme takes off in France Ennesys SAS working in project financed by state authorities to produce marine biofuel for fishing vessels. TEN posts narrowing net profit in Q1 Company's aframaxes and product carriers 'hard hit' by rising bunker costs. NYK fleet introduces improved version of IMO's EEOI Nippon Kaiji Kyokai (ClassNK) issues Prime Ship-GREEN/EEOI to NYK fleet. Mexican bunker supplier secures funding for expansion Fund to be used for installation of additional infrastructure. Japanese company starts study on solar, wind power for large vessels 'Aquarius System will play an important role,' said Fukuoka-based Eco Marine Power. Rising bunker prices hit TBS International earnings 'Continued weakness' of freight rate, together with other factors further affect TBS earnings.

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FROM THE HOME PAGE

The threat to shipping in the Red Sea grows as Houthis seize Perim Island.

SHIPPING

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

ACCIDENTS

New attacks on ships in the Strait of Hormuz

Southampton/Tehran

IRGC Navy strikes US naval drone

PORTS

Port of Long Beach reports record container traffic for August

Long Beach

In the first eight months of 2026, volumes grew by +1.3%

SHIPPING

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

SHIPPING

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

TRANSPORTATION

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

TRADE

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.

PORTS

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.

PORTS

APM Terminals Signs Agreement to Develop Nigeria's Badagry Port

Copenhagen

Four kilometers of docks with a draft of -18 meters would be built

COMPANIES

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

SHIPPING

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.

SHIPYARDS

Canadian unions want BC Ferries to build new ferries in British Columbia

Delta

The company's latest order was to Chinese company CMI Weihai

PORTS

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

SHIPYARDS

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

SHIPPING

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%)

INTERMODAL TRANSPORT

Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa

SHIPPING

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.

POLICY

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.

SHIPYARDS

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

SHIPPING

Study to create a maritime corridor between the UK and the US using nuclear-powered container ships

London

ACCIDENTS

Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz

Riyadh

Bahri VLCC Sidr hit

SHIPYARDS

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

PORTS

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.

COMPANIES

Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.

Trieste/Kiel

The agreement does not provide for mergers or acquisitions

PORTS

Philippine terminal operator ICTSI to acquire African port operator TLG

Manila

The company operates in Mozambique, Namibia and South Africa

SHIPYARDS

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

PORTS

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

SHIPPING

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.

TRADE

G20 trade accelerates in second quarter

Paris

Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace

PORTS

La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.

La Spezia

SHIPPING

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%)

PORTS

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

RAILWAY TRANSPORT

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%)

TRADE

White House denounces practice of "illegal" port transshipment to evade U.S. tariffs

Washington

ACCIDENTS

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.

PORTS

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

PORTS

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.

PORTS

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%

SHIPYARDS

Fincantieri and Viking convert options into orders for two new cruise ships

Trieste

PIRACY

A ship was boarded by pirates in the Gulf of Aden

Southampton

The unit was forced to head towards Somalia

LAW

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.

PORTS

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

SHIPPING

ZIM also records a recovery in the second quarter

Haifa

Acquisition by Hapag-Lloyd expected by the end of the year

PORTS

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%)

PORTS

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

COMPANIES

AP Moller Capital to acquire majority stake in Globex Investissement

Copenhagen/Casablanca

ACCIDENTS

Ship hit in the Strait of Hormuz

Southampton

Crew member of the "Minoan Dignity" dies

PORTS

Last month, freight traffic in the port of Barcelona decreased by -6.5%.

Barcelona

In July, 300,961 containers were handled (-13.2%)

COMPANIES

Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.

Abu Dhabi

He currently owns a 75.42% stake

PORTS

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%)

PORTS

The port of Koper reports a 5.6% decrease in quarterly freight traffic

Ljubljana

In June the decline was -18.9%

PORTS

Strait of Hormuz crisis has severe impact on DP World's financial and operating performance

Dubai

PORTS

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%

PORTS

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%)

SHIPPING

HMM's revenues increased by 29.7% in the second quarter

Seoul

Net profit down, weighed down by lower financial income

SHIPPING

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

SHIPPING

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

PORTS

Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter

Genoa

Passenger numbers drop at both ports

SHIPPING

In the second quarter, Yang Ming recorded a net profit growth of +610.7%.

Keelung

Revenues stable in the first half of 2026

ACCIDENTS

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

SHIPPING

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

SHIPYARDS

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

SHIPPING

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.

CRUISES

Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force

Monaco/Miami

Delivery is scheduled for 2034

ACCIDENTS

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.

PORTS

In July, freight traffic in the port of Ravenna grew by +6.7%

Ravenna

A sharp decline of -21.2% is expected for August

TRUCKING

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

CRUISES

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.

SHIPYARDS

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.

RAILWAY TRANSPORT

VTG sells its UK subsidiary VTG Rail UK to pension fund USS

Hamburg

The company operates in the railway freight wagon leasing sector.

SAFETY & SECURITY

The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.

Genoa

More than 250 deficiencies have been detected so far

PROGRESS AND TECHNOLOGY

ABB and Oceanly collaborate to integrate and optimize ship performance and operations

Genoa

PORTS

Strategic agreement between Federlogistica and the Port of Xiamen

Genoa

Feasibility study for a maritime connection between the Chinese port and Genoa

PORTS

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

COMPANIES

Gulftainer to acquire stake in Thailand's Suksawat Terminal

Sharjah/Bangkok

It is located on the Chao Phraya River, in Bangkok

SAFETY & SECURITY

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

INTERMODAL TRANSPORT

Kombiverkehr has taken full control of Spanish company Combiberia

Frankfurt am Main

The shares were acquired from the other 20 members

NEWS

US forces hit five Iranian oil tankers

Tampa

Attacks in the Gulf of Oman and near Kharg Island

COMPANIES

Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund

Abu Dhabi

INFRASTRUCTURE

Construction of the above-ground section of Genoa's new breakwater has begun.

Milan

Construction of the wave barrier is underway

COMPANIES

For the first time, a woman leads the Panama Canal Authority.

Balboa

Engineer Ilya Espino de Marotta's term will expire in 2033.

COMPANIES

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.

SHIPPING

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

INDUSTRY

Kongsberg Maritime signs deal to buy Finland's Steerprop

Oslo

The Rauma-based company designs and manufactures marine propulsion systems

NEWS

New drug seizure in the port of Livorno

Livorno

53 kilograms of pure cocaine in a container from Peru

PORTS

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

PORTS

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.

PORTS

Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.

Ravenna

COMPANIES

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

SHIPPING

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.

PORTS

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

INDUSTRY

MacGregor opens a new technical assistance center in Trieste

Stockholm

The main focus will be the European area, including the specialized megayacht sector.

ACCIDENTS

Tanker hit by three shells in the Strait of Hormuz

Southampton

An accident also in the Indian Ocean

PORTS

Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.

Taranto

The Management Committee of the institution has approved the appointment

ACCIDENTS

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

INDUSTRY

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.

INDUSTRY

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

COMPANIES

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%)

COMPANIES

In the first six months of 2026, CMPort's revenues grew by +13%

Hong Kong

Net profit up 7.4%

SHIPYARDS

Meyer Werft revenues to grow by 107% in 2025

Papenburg

The financial year ended with a net loss of -383.8 million euros

SHIPPING

Messina will launch the new West Med Line scheduled service in September

Genoa

It will bring together existing services for Algeria and Libya

SHIPYARDS

The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera

Trieste

The unit is scheduled for delivery in 2027.

SHIPPING

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

SHIPPING

MPCC reports declining quarterly results as part of fleet renewal plan

Oslo

MOURNING

Kuehne+Nagel's honorary president has died.

Schindellegi

Klaus-Michael Kühne had joined the family business in 1958

NEWS

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

PORTS

In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)

Madrid

Containers amounted to 1,581,071 teu (-5.6%)

PORTS

Join us at the Communion and Liberation Meeting in Rimini

Rome

Participation in the exhibition area of the Ministry of Infrastructure and Transport

PORTS

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

PORTS

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%

INTERMODAL TRANSPORT

Hupac will strengthen its intermodal service between Basel and Busto Arsizio.

Noise

An eighth weekly rotation will be introduced from September 7th

LOGISTICS

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

PORTS

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

CRUISES

Viking Holdings Cruise Line Reports Record Quarterly Revenue

Los Angeles

Net profit of $587.7 million (+33.8%)

PORTS

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

PORTS

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%)

SHIPPING

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%

SHIPPING

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%.

PORTS

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%.

PORTS

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

COMPANIES

Costa Cruises announces change of management for the Americas region.

Genoa

Jorge Serrano Martín de Vidales will replace Dario Rustico

INDUSTRY

MSC installs Jotun's proactive hull cleaning system on MSC Daniela

Sandefjord

Combines advanced antifouling technology with robotic inspection and cleaning

SHIPPING

Wan Hai Lines reports a 965.6% increase in quarterly profit

Taipei

The company orders six new 11,000 TEU containerships

PORTS

In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%

Podgorica

Cargoes to and from Italy dropped by -40.6%

SHIPPING

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

COMPANIES

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%)

MOURNING

Maurizio Longo, Secretary General of Trasportounito, has passed away.

Rome

He passed away in Rome after a long illness.

PORTS

Terminal Investment Limited abandons Tercat acquisition

Brussels

It provided for joint control of the Barcelona terminal with Hutchison Ports

PORTS

Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.

Ravenna

PORTS

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

COMPANIES

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

PORTS

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%

PORTS

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

Salerno

Bari

Savona

Leghorn

Taranto

Naples

Trapani

Carrara

Palermo

Trieste

Venice

Italian Interports: list

World Ports: map


DATABASE

		Shipowners		Shipbuilding and Shiprepairing Yards
		Forwarders		Ship Suppliers
		Shipping Agents		Truckers

MEETINGS

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

MEETINGS

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

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

ASSITERMINAL

Intervento del presidente Tomaso Cognolato

Roma, 19 giugno 2025

››› File

LOGISTICS

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

LOGISTICS

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.

SHIPPING

Global Ship Lease reports record quarterly and half-year revenues

Athens

Rising costs impact profits

PORTS

DP World to build temperature-controlled logistics hub in the port of Antwerp

Dubai/Kallo

SHIPPING

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.

SHIPPING

Danaos Corporation reports quarterly revenue growth of 4.7%.

Athens

The containership segment remains stable. Bulk carriers continue to contribute.

ACCIDENTS

A bulk carrier hit by a shell in the Strait of Hormuz

Southampton/London

One crew member is reportedly missing.

PORTS

This year, 800,000 cruise passengers are expected in Messina.

Messina

Passengers make a direct expenditure of almost 16 million euros in the city

PORTS

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%)

INTERMODAL TRANSPORT

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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Editor in chief: Bruno Bellio
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