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BRIEFS
November 14, 2011
The Business Timesweb site
Shipping News
  • Shipping to feel the pinch as EU banks curb lending
    Bank lending to the shipping industry is set to shrink in the coming months as low freight rates and the eurozone crisis will prompt a number of players to reduce their exposure to the seaborne sector, Citigroup's shipping chief said on Friday.
  • Dry shipping prospects set to remain poor, says Citigroup
    Prospects for dry shipping are set to remain poor for two to three years as the sector struggles with a glut of vessels, while crude tankers face more pain in 2012 as economic problems add to supply pressures, Citigroup's shipping chief said.

Sched Netweb site
  • Asia-Europe rates fall 6.5pc to US$573/TEU - worst week in 2011
  • Hong Kong's 10pc quarterly export decline blamed on Euro debt crisis
  • ICTSI's nine-month profit up 18pc to US$490 million, volume rises 25pc
  • Box carriers' on-time arrival rates improve to 63pc, up from Q2
  • China's trade surplus still widens in October, but lower than expected
  • Fujian October expressway investment sets new high
  • Pakistan's Port Qasim container terminal to handle mega ships 24/7
  • India's big ports increase container volume 4pc from April to October
  • Work commences on building world's largest lock on the Scheldt near Antwerp
  • Northern China opens steel logistics centre to cover 500,000 square metres
  • Intermodal Europe convention meets in Hamburg from Nov 29 - Dec 1
  • US Congress considers legislation for voluntary air cargo screening
  • JAL back from bankruptcy with US$1.25 million profit in first half
  • Qantas to fly Airbus A380 giant to Hong Kong from January
  • Air France-KLM's quarterly cargo losses deepen, full-year of loss expected

International Transport Journalweb site
NOVEMBER 11, 2011
  • Green Cargo wins new contracts
    Green Cargo, a transport and logistics company owned by the Swedish state, recorded an operating income of EUR 7.8 million (-4.2%) in Q3. 94% of freight trains reached customers wi...
  • 175 Volvo trucks for Sweden's PostNord
    Volvo Trucks has won an order from PostNord for the delivery of 175 trucks. The units will enter service before the end of the year. PostNord has more than 3,000 trucks and is thus...
  • AERS launches intermodal Stuttgart-Geneva train
    AERS Rail Services Deutschland launched an unaccompanied intermodal rail/road train pair between Stuttgart's Kornwestheim Ubf terminal, and Geneva CT. The 320 m train will initiall...
  • Traxon Europe becomes part of Champ Cargosystems
    Champ Cargosystems, a provider of integrated air cargo solutions, has acquired Traxon Europe, a leading provider of electronic communications solutions to the air cargo industry. T...
  • Korean Air Cargo launches mobile website
    With the launch of Korean Air Cargo's mobile website (mcargo.koreanair.com), Korean Air now offers the most convenient and accessible cargo service to customers worldwide - anytime...
  • Hahn airport upgrades runway without interrupting flights
    The Germany construction company Thomas Bau has upgraded a part of runway A at Frankfurt Hahn airport over the past weeks, providing more than 3,000 t of tarmac to refurbish the su...
  • Seven new directors join UK P&I Club board
    Seven directors were elected to the board of the UK P&I Club at its recent AGM, namely Ibrahim Güngen, CEO of Ankara-based Güngen Maritime & Trading, Grahaeme Henderson, vi...
  • Luka Koper posts container handling record
    Luka Koper achieved another milestone that underscores its leading position among container terminals in the Northern Adriatic, when it handled its 500,000th teu of the year on 8 N...
  • Merger of the big three Japanese shipping lines?
    Koichi Muto, the president of MOL, has said that the idea of a merger between his company and NYK as well as K Line could be an option if the situation is going to deteriorate furt...
  • 8,000 teu Maersk "Tubul" makes first call at Ukrainian port
    The 8,000 teu vessel "Tubul", operated by Maersk Line on its Far East-Mediterranean/Black Sea service, was the first container vessel of this size to call at a Ukrainian ...
  • FedEx expanding in France
    The US integrator and CEP group FedEx recently opened a new branch in Souffelweyersheim near Strasbourg (France). The 2,400 sqm facility was previously used by the French CEP servi...
  • Loxxess investing EUR 7.5 million in Aurach
    Loxxess, a German logistics company that specialises in complex outsourcing projects for industry and trade, has opened its expanded logistics centre in Aurach (Germany). With an i...
  • Damco reports good results
    The logistics and SCM service provider Damco increased its year-to-date ocean freight volumes by 14% over the same period in 2010, which is well above the market average. Airfreigh...

Marine Logweb site
NOVEMBER 11, 2011
  • Seafighter work for Austal USA, BAE Systems
  • Hamworthy to supply regasification systms for FSRU newbuilds
  • Maritime unions call for Matsuda to resign
  • OW Bunker reassures customers on availability of low sulfur fuel oil
  • Kvichak building two more response boats for NYPD
  • Washington State Ferries Chetzemoka has propeller problems

World Wide Shipperweb site
NOVEMBER 11, 2011
  • Commerce Dept. report finds exports up during September
  • Customs set to begin simplified air cargo pilot
  • OOCL honored with top ship operator award
  • US rail freight traffic rolls to both sides of ledger
  • Central Oregon Truck Company selects Redmond for headquarters

Lloyd's Listweb site
NOVEMBER 11, 2011
  • Pacific supramax rates collapse pulls down Atlantic in its wake
    US Gulf trade is 'only market left', says broker
  • Sierra Leone ships first iron ore cargo in 30 years
    Chinese investment driving 20m tonnes per year mining project
  • Oil majors target Libya's untapped gas
    Huge potential going largely unrealised, says energy risk expert
  • Eni targets the world
    Oil giant's growth strategy includes West Africa, Asia and the Arctic
  • FPSO the choice for smaller projects
    Materials submitted to environmental authorities by Eni's Australian arm provide a glimpse into project planners' thinking on exporting oil from the Kitan field
  • MOL to sit tight for next two years
    Japan's biggest shipping company is buoyed by LNG and car carrier businesses, resilient in dry bulk and waiting out the tanker market
  • MOL inks deal to build four LNG vessels in China
    Up to 80 engineers will be checking on Hudong-Zhonghua workers at peak period
  • Dockwise sees slight improvement in revenues amid 'difficult conditions'
    Dutch firm to sell yacht transport arm DYT
  • MCA considers Fred. Olsen criminal prosecution
    Records of officers' hours faked on cruiseship
  • Suezmax earnings slip back below operating cost levels
    Average daily returns in spot market under $10,000 per day
  • Dutch shipowner to flag out over ban on armed guards
    Others announce they will flout the law, deploying armed guards regardless
  • Neglect a crane at your peril
    UK P&I Club and Lloyd's Register produce pocket guide to checking lifting appliances
  • Now that you mention it
    Shipping has its topics that everyone is familiar with, but which go with nary a mention
  • Dublin pins future port growth on
    Long term draft plan suggests ro-ro freight will remain the largest component of port's traffic to 2040
  • Seatruck to replace ro-ro fleet between Liverpool and Dublin
    Ferry operator believes freight-only unaccompanied set to grow in 2012
  • Melbourne set to run short of capacity by 2015
    Australian ports need more competition to spur productivity and investment, says ACCC
  • China LNG imports treble since 2009
    LLI data identifies Nigeria and Trinidad & Tobago as main sources of supply
  • LLI scoops two UK Professional Publishers' Association awards
    Judges say site is 'appealing, a pleasure to use, and easy to comprehend'
  • France to head West Africa anti-piracy effort
    Training and spotter planes provided for local armed forces
  • Feared surge in Somali piracy fails to materialise
    Compared to this time last year attacks and hijackings are down significantly, despite the end of the monsoon season
  • Capesize rally as iron ore demand returns
    But appetite of China's mills may dissipate if steel prices continue to drop
  • James Fisher loses nuclear carrier contract after 40 years
    Serco secures PNTL fleet after tender process
  • General Maritime resolution to spill into next week
    Tanker company expects to file full third quarter accounts 'on or before' Monday
  • Noble Group tries to calm markets after chief executive exits
    Singapore-listed trader's market value plunges following poor quarterly showing
  • HHLA warns of risks while forecasting strong full year results
    Threats include excess capacity in the North Range of ports in Europe, economic downturn and delay in dredging the Elbe
  • MPC Capital stays in the black
    KG fund points to strict cost cutting as it forecasts future stability
  • Ross rushes in
    Wilbur Ross has invested heavily in shipping, but there is no telling how long it will take for there to be a rebound in the global economy
  • Ocean Tankers fixes VLCC rate at fresh high on record cargo volumes
    Rising market expected to continue on reduced ship supply in Middle East

Fairplayweb site
NOVEMBER 11, 2011
  • HHLA sees growing risks
    HAMBURG container terminal operator HHLA confirmed its full-year growth targets today but warned of growing downside risks for container traffic
  • Ross ready to buy foreclosures
    BANKS will have a greater ability than before to sell foreclosed vessels to private-equity buyers, billionaire investor Wilbur Ross told the Marine Money conference today
  • Profits rocket, but Dockwise sees soft 2012
    DUTCH heavy-lift operator Dockwise revealed today it had more than doubled its net profits in 3Q2011
  • APM to build reefers in Chile
    APM HAS reportedly announced plans today for a $170M a reefer container factory in Chile
  • DCI profits surge
    INDIA'S government-owned dredging company today reported a soaring 238% increase in profits for 3Q201
  • Privatisation outlook grainy
    MYSTERY surrounds the privatisation of Russia's government-owned grain exporter UGC, the Russian grain union said today
  • Bulker offers highlight sector overhang
    UTILITY Taipower was offered 75 Panamax bulkers in its latest tender, which IHS McCloskey said today was the highest number of offers in any such tender
  • ICTSI's profits surge 39%
    PHILIPPINES port conglomerate ICTSI has posted a 39% increase in profits in the first nine months of 2011
  • Mundra profits climb 30%
    ADANI-owned Mundra Port & Special Economic Zone today reported 29.4% growth in quarterly net profits to 2.73bn rupees ($57M) for the July-September quarter
  • Further strengthening seen for VLCCs
    VLCC SPOT rates extended recent gains on strong demand and limited availability of tonnage in the Persian Gulf, shipping analyst and brokers said today
  • Rena salvage speeds up
    PROGRESS has improved in the removal of oil from the stranded box ship Rena, Maritime New Zealand said today
  • UK orders full disclosure by Russia's Joint Fruit
    RUSSIA'S top banana trader Joint Fruit Co has been ordered by a UK court to disclose its worldwide assets and trade and cargo accords with Star Reefers
  • Arrest of green-flagged bulker sought
    LEGAL proceedings are afoot in Singapore to arrest Asia Union, a 1982-built Panamax bulker that is the focus of a demolition dispute
  • Winter demand kicks in for LR1s
    WINTER demand has finally kicked in for LR1 tankers, although rates are still insufficient to cover crewing and non-bunkering expenses, brokers told Fairplay today
  • Keystone pipeline delayed
    TANKERS serving the Gulf of Mexico have won a reprieve from new competition, as the US State Department pledged to seek a new route for the Keystone XL oil pipeline project

The Journal of Commerceweb site
NOVEMBER 11, 2011
  • Trucker ABF Launches Ocean LTL Service
    ABF Freight System is extending its move toward international business with a less-than-containerload ocean offering the carrier will combine with...
  • Chinese Solar Manufacturers Dim Production
    Three major Chinese solar manufacturers are trimming shipment expectations for the rest of the year as a slowing global economy...
  • Consumer Sentiment Index Rises on Gas Price Fall
    U.S. consumers are entering the holiday shopping season with a more optimistic outlook than they had a month ago, largely...
  • Investor Ross Holds Off on Container Shipping
    Billionaire Wilbur Ross, who has profited from investments in distressed industries such as steel and textiles, is putting money into...
  • Genesee & Wyoming Traffic Rises 14.2 Percent
    Short-line rail operator Genesee & Wyoming increased carloads 14.2 percent in October, largely because of acquisitions and higher mineral and...
  • Analyst Says Container Line Mergers Likely
    Further consolidation of container shipping lines is likely as carriers seek to cut costs, expand market share and bolster balance...
  • Caterpillar Brings Back Some Production from Japan
    Caterpillar says it will shift some manufacturing from Japan to North America to bring production closer to customers in the...
  • Japan Agrees to Join Trans-Pacific Trade Talks
    Japan's decision to participate in negotiations on the U.S.-led Trans-Pacific Partnership free trade agreement has angered the country's farmers and...
  • Arrow Trucking Employees May Get Additional $2 Million
    More than $2 million in bankruptcy estate assets may be distributed to 676 former employees of Arrow Trucking, a flatbed...
  • Asia-Europe Rates Plummet 6.5 Percent
    The Shanghai Container Freight Index of spot rates tumbled this week to a record low, led by a 6.5 plunge...
  • South Carolina Reverses Path on Savannah Port Project
    The Georgia Ports Authority's long-pursued plan to deepen the Savannah River cleared a major hurdle Thursday after a South Carolina...
  • Racing Toward Efficiency
    At 3,000 feet long and 700 feet wide, Skechers' new 1.8 million-square-foot distribution center in the eastern end of Southern...
  • Taking Automation One Click at a Time
    How quickly is the supply chain changing? As recently as the 1990s, companies would optimize their distribution networks every five...
  • Capacity, Next Year
    Are shippers staring at the possibility of significant capacity being laid up by container lines and non-operating shipowners next year?...
  • Volatile View
    Barely a month into retirement, Ron Widdows looks like a relaxed man. It's the look of ease, a kind of...
  • Spoiled Shrimp Leads to a Raw Deal
    Q: We're involved in a claim for $117,000 on a load of imported frozen raw breaded shrimp. We've been doing...
  • Maersk Invests $170 Million in Chilean Reefer Box Plant
    A.P. Moller-Maersk is building a $170 million Chilean factory to manufacture refrigerated containers to keep pace with Latin America's booming...
  • Lufthansa Cargo Traffic Decline Slows to 3.1 Percent
    Lufthansa Cargo carried 3.1 percent less cargo in October than a year ago, an improvement on the two previous months,...
  • ICTSI Profit, Cargo Volume Surge
    Surging throughput helped push International Container Terminal Services Inc. to an 18 percent gain in net profit through the first...
  • Dockwise Profit Falls 40 Percent on Higher Revenue
    Dockwise's third-quarter profit dropped nearly 40 percent to $8 million from $13.1 million a year ago, but the heavy-lift carrier's...

Containerisation Internationalweb site
NOVEMBER 11, 2011
  • MCI to build reefer factory in Chile
    Maersk Container Industry (MCI), which is an operating unit of the AP Moller-Maersk Group, is ploughing about USD170 million into a reefer container venture in ...
  • Purfresh signs up Interfresh
    US-based Purfresh, which provides purification and protection systems for the movement of perishable products, has signed a contract with the international transport ...
  • Isotank order more Quick-Locks
    The Antwerp-based Container Quick Lock NV has reached an agreement with UK specialist logistics supplier, Isotank Services, for the supply of a further batch of ...
  • ITF warns of 'catastrophic effect' of on board exploding reefers
    Commenting on the recent alarm about the potential fatal consequences to operatives and dockers from a batch of rogue Vietnamese-serviced reefer containers, the ...
  • Hainan PO to go against grain with new transpac loop?
    Chinese carrier Hainan PO Shipping is said to be adding a new transpacific service - a move which contrasts with fellow niche carriers who have been exiting the ...
  • Schroders: serious eurozone recession in 2012
    City of London-headquartered, global asset management group Schroders, has reassessed its forecast for the 17-member eurozone after what it calls the 'extraordinary ...
  • Kenya-Ethiopia road deal concluded
    The Governments of Ethiopia and Kenya have agreed a near USD750 million deal to improve highway connections between the two countries. A key aspect of the arrangement ...
  • Maersk grows its market share in the Asia/Europe tradelane
    Maersk's Container Shipping Division appears to have significantly increased its market share in the ailing Asia/Europe tradelane in Q3 11. According to financial ...
  • Ocean carrier schedule reliability still improving
  • Turkon ship grounded off Greek island
    A Turkon Line boxship has grounded on rocks off the Greek island of Syros while en route to Salerno on the carrier's North Europe to Mediterranean liner service ...

TradeWindsweb site
NOVEMBER 11, 2011
  • HHLA climbs higher
    Hamburg container terminal operator increases third quarter earnings as revenue rises.
  • The one that got away
    UK's James Fisher group loses £3m nuclear vessel management deal to Serco after 40 years.
  • Shipping's funding tragedy
    Plunging asset values leave shipping looking for more money than the Greek government, RS Platou Markets calculates.
  • Indian Navy foils attacks
    An offshore patrol boat from the Indian Navy has stopped another pirate attack, the fifth since September.
  • Rupee routs Great Eastern
    Falling Indian currency and weaker rates slash tanker and bulker owner's second quarter earnings.
  • HMM hooks Diana panamax
    New York-listed owner sees another bulker take a pay cut as it secures a fresh period deal with Korean rival.
  • UDSC loan at last
    Ukrainian owner's second attempt to borrow $11m for refinancing comes up trumps.
  • VLCC fixtures hit a record
    London shipbroker says that November has been the busiest month in terms of VLCC loadings.
  • Teekay Tankers cheers street
    Owner's above market aframax deals bring hope for sustained and stronger dividend payouts, analysts say.
  • WIS winning again
    India's biggest shiprepairer says profit up 127% in busier second quarter.
  • Hyundai Mipo profit falls
    South Korean shipyard reports a third quarter fall in profits but a rise in turnover.

American Shipper - Ocean newsweb site
NOVEMBER 11, 2011
  • Unions blast MarAd, Matsuda
    Four U.S. maritime unions say the Maritime Administration and its leader David Matsuda should be "ashamed of itself" for issuing a report comparing U.S. and foreign-flag ship operating costs without seeking their input.
  • PO Shipping adds new TP loop
  • MSC starts matchback system in Belgium
    Mediterranean Shipping Co.'s Belgian branch has set up a new system to encourage inland matchbacks of its containers allowing importers, exporters and truckers to round-trip into Antwerp.
  • ITF concerned about exploding reefers on ships
  • Braemar: Huge ships inextricably linked to bunker costs

The Bunker Bulletinweb site
NOVEMBER 11, 2011
  • Week ends steady in the Americas
    Trading was thin on Friday due to the Veterans Day holiday.
  • Estonian fuel producer to provide bunker fuel
    It plans to produce 230,000 tonnes of light fuel oil to be used as bunker fuel.
  • Oiltanking Partners releases Q3 financials
    Third quarter net income for the partnership was $13.8 million, in comparison to a net income of $7.8 million in Q3 2010.
  • Prices firm in Fujairah
    Limited avails in Durban.
  • Rotterdam prices rise
    Market busy in Hamburg.
  • Norwegian operator sees bunker costs climb by 19%
    But fuel consumption dips 1% in terms of distances sailed.
  • Shipping 'undermining' moves to cut GHG emissions
    'Market barriers' mean bunker savings are being ignored, says Europe's Commissioner for Climate Action.
  • ISObunkers wins new military supply contract
    US Army Contracting Command says deal was signed in September.
  • Shipping players repeat call for 'global' regulations to cut CO2
    UN Climate Change conference should give IMO a 'clear mandate' to continue its work in cutting emissions.
  • Poll supports review of statutory flash point limit
    Nearly half of respondents in Bunkerworld poll think it would be safe to reduce current 60'C limit.
  • Asian bunker prices firming as week ends
    Demand mixed at major Asian bunkering hubs on Friday.
  • FSL Trust, Daxin reach 'out-of-court settlement'
    As part of the settlement, Daxin will pay FSL Trust a settlement sum of $5 million.
  • Brightoil in $75 million acquisition
    Acquisition will add 'new dimension' to the growth of its business, says Chairman Dr. Sit.
  • Ship operators urged to prepare for 3.50% global sulphur limit
    Supplier says it has 'rigorous systems and processes' in place to ensure detailed documentation on delivery.
  • Transfer of bunker fuel from Rena at 'stable rate'
    Around 300 mt of bunker fuel remains inside Rena's submerged tank.
  • NZ supplier wants to resume bunker ops in time for cruise season
    Its bunker tanker has been deployed in the Rena salvage operations.
  • Aegean in 'solid shape', says analyst
    Raises ratings on Aegean's shares to 'Buy' from 'Hold'; expects the company's earnings to double in 2012.

›››File
FROM THE HOME PAGE
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
In decisa crescita il traffico delle merci nei porti tunisini
Nel trimestre aprile-giugno è stato di 7,4 milioni di tonnellate (+8,8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
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.
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
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
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
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