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BRIEFS
November 15, 2011
The Business Timesweb site
Shipping News
  • Rickmers in the black in Q3, raises payout
    Rickmers Maritime declared distribution per unit for the third quarter that was 5 per cent up y-o-y to 0.60 US cents from 0.57 US cents previously.
  • Educating travellers on Coral Triangle
    As the Singapore Cruise Center (SCC) turned 20 yesterday, it gave itself the best present it could give: a good cause.
  • Navios CEO predicts shipping bankruptcies
    Angeliki Frangou, who heads three shipping companies controlling more than 100 vessels, said bankruptcies within the industry will accelerate as lending dwindles, allowing her to purchase assets that plunged in value.
  • Bookings for Mideast VLCC crude hit record

Sched Netweb site
  • TSA ups rate to US$400/FEU from January as 'imperative and overdue'
  • Lianyungang volume up 26pc to 4.04 million TEU, beats last year's total
  • Last oil pumped from stricken Rena, box recovery expected to be lengthy
  • Feeder start-up Box Ships posts third quarter profit of US$5.1 million
  • Chongqing's nine-month international box volume totals 190,000 TEU
  • CMA CGM mulls slow steaming during slack season to cut fuel bills
  • Broadband Internet connection installed on MOL LNG carriers
  • Export slump delays opening of UP's grain-to-container transloading facility
  • South Carolina eco-agency relents, stops blocking Savannah's dredging
  • Maritime IT specialist Seago Line joins INTTRA's network
  • 49 aircraft leased under Tianjin Dongjiang Bonded Port Area's new deal
  • Maximus finds heavylift rivalry tough to take, looks to ACMI trade instead
  • Atlas Air Worldwide Holdings suffers 16pc quarterly profit decline

International Transport Journalweb site
NOVEMBER 14, 2011
  • TransContainer earnings grow in first nine months
    TransContainer's earnings increased by 28% in the first nine months of 2011, in comparison with the like-for-like period last year, reaching approximately RUB 20.9 billion. Revenue...
  • Maersk Line posts loss in Q3
    A.P. Moeller-Maersk said that its subsidiary Maersk Line, the world's biggest container line, will lose money this year, revising a previous forecast which spoke of a modest profit...
  • IRU publishes new general conditions for the carriage of goods
    The Goods Transport Council of the International Road Transport Union (IRU) has adopted revised IRU general conditions for the international carriage of goods and related outline a...
  • Rutges Cargo participating in Dutch fuel savings programme
    Rutges Cargo, a European truck operator and part of the Wallenborn Group, is to participate in the Truck of the Future demonstration programme, organised by the independent researc...
  • Boeing begins work on 1,000th B777
    Boeing workers last week began assembling the 1,000th B777, a 300ER that will be delivered to Dubai-based Emirates Airline in 2012. The US aircraft manufacturer reached the milesto...
  • Asda rolling back road miles with CMA CGM and Freightliner
    Freightliner Limited, the UK's leading intermodal railfreight provider, has signed a new contract with CMA CGM to transport containers for Asda to and from Northeast England. Freig...
  • Froschmeier takes over Kukla's Eastern Europe division
    Stephan Froschmeier has headed the Eastern Europe transport unit of the Munich-based freight forwarder Kukla since October. The forwarder and transport specialist is boosting the e...
  • Volga-Dnepr delivers relief cargo to earthquake victims in Turkey
    Volga-Dnepr Airlines joined the relief operation to help earthquake victims in Turkey with two flights from Sharjah (UAE) to Erzurum, delivering urgently-needed equipment on behalf...
  • Swissport wins contract at Narita airport
    Swissport International has begun offering cargo handling services at Tokyo Narita, Japan's most important international air hub, by securing its first cargo contract there with Vi...
  • Deutsche Post DHL posts strong results in Q3
    Deutsche Post DHL again increased its sales in Q3 and boosted profitability significantly. Group sales increased to EUR 13.12 billion. Adjusted for currency effects and consolidati...
  • Gulf Warehousing Company wins new contract
    The Gulf Warehousing Company has agreed to store chemicals used in the Pearl gas-to-liquids project (GTL) at its 16,000 sqm Ras Laffan warehouse in Qatar, according to a report in ...
  • FedEx Express expanding in Northern Ireland
    FedEx Express has officially opened a new operating base in and launched direct services to and from Northern Ireland. The new 20,000 sqft facility at the Kilroot business park in ...
  • PSA cars made in Spain now to be shipped to Livorno
    The Mercurio group has decided that all Citroen and Peugeot cars produced in Spain by the PSA Group and bound for Italy (50,000 units a year) will be shipped from Vigo to Livorno, ...

Marine Logweb site
NOVEMBER 14, 2011
  • RADM James A. Watson to succeed Michael R. Bromwich at BSEE
  • Conrad Industries signs new contracts
  • NASSCO christens USNS Medgar Evers
  • STX OSV reports growth in revenues and profit
  • ICS produces briefing document for climate change negotiators
  • First car carrier with all-electric RO/RO access enters service

World Wide Shipperweb site
NOVEMBER 14, 2011
  • TSA member carriers set to begin rate increase
  • Port association backing transportation legislation
  • Off-duty Coast Guardsman saves girl from drowning in Columbia
  • IMO study predicts greenhouse gas reductions
  • Naming ceremony held for two new LNG vessels

Lloyd's Listweb site
NOVEMBER 14, 2011
  • Lloyd's talks tough on e-endorsements
    Richard Ward raises threat of mandating use if take-up is slow
  • Skuld provides a model for would-be Lloyd's entrants
    Companies stand a better chance with an existing book of business that they can transfer in
  • Lloyd's chief wants Solvency II a year ahead of delayed start date
    Richard Ward says insurance market must 'not take foot off the gas'
  • Flurry of dry bulk orders as newbuilding prices continue falling
    Chinese yards win 2013 and 2014 contracts, including a newcastlemax order
  • Marfin Investment links with Abu Dhabi Mar for acquisitions
    Deal brings together pair with strong interest in maritime investments
  • Somalia: we're winning the battles but losing the war
    More must be made of EU Navfor
  • Shipping's Great Leap Forward
    China's talk of 'actively guiding' tonnage reduction is reminder of its market power
  • Price drop in smaller dry bulk classes slows
    After capesize values level off, panamaxes are also seen selling at stabilising values
  • Rush is on for ballast water compliance technology
    Tools sought to help port state control check vessels are adhering to the letter of the ballast water convention
  • Environmental rules poised to force early scrapping of tonnage
    Additional expense of green upgrades means owners of certain tonnage could well retire ships needing such costly work
  • Iridium hits record revenue as it gears up for launch of new service
    Satellite communications business raises its expectations for subscribers and operational earnings
  • Rotterdam commissions study on eurozone crisis threat to containers
    McKinsey analysing how economic uncertainty could hit the Le Havre to Hamburg range of northwestern European ports
  • China could help VLCC overcapacity by purchasing all 15-year-old vessels
    Poten & Partners suggests Asian country buys ageing tankers rather than ordering newbuilds
  • Tanker asset values continue tumble
    Two-year-old suezmax and one aframax reported sold in quiet secondhand market
  • P&O Ferries threatens to fight any SeaFrance rescue bid with state aid
    French Dover-Calais ferry operator awaits Wednesday court decision on sale or liquidation
  • Newlead locks in new kamsarmax for 16 years
    Renegotiation with charterer is being described as consensual
  • Falling containership values place Global Ship Lease in danger of loan default
    Company confident of thrashing out a pact with lenders by November 30
  • ICS to brief UN climate change conference
    Will stress that shipping is committed to reducing emissions
  • HCI Capital reports $11m loss in first nine months
    Fresh cost-cutting programme launched
  • LRIT data exchange up and running at European safety agency
    Emsa takes control of ship position information at Portugal base
  • Reduced fuel consumption could save $50bn by 2020
    Study finds benefits to owners of implementation of IMO plans
  • US crew using system to extend claims
    Shipowners need to protect themselves from never-ending claims
  • Farstad posts $62.7m third-quarter profit
    Improvement over same period last year comes despite low rates and poor fleet utilisation
  • Egyptian port closed by protests
    Congestion impacts on over 40 vessels
  • Gulf ports urged to boost capacity
    Governments also need to cut red tape, says Kuwait Financial Centre study
  • Armed and necessary
    All signs are that the slow start of post-monsoon pirate attacks is due to onboard armed guards
  • Hamburg reports strong growth
    Box volumes up 15% year on year in third quarter
  • Courage snatches up supramax for $26.6m
    Hong Kong and Singapore-listed carrier buys from new Chinese yard for early 2012 delivery

Fairplayweb site
NOVEMBER 14, 2011
  • IMO: new CO2 regs will deliver
    An IMO study released today predicted "significant" savings from incoming mandatory design and operation regulations, assuming ship operators can overcome the inherent challenges
  • STX OSV profits rocket
    OFFSHORE shipbuilding specialist STX OSV of Norway said today it has raised net profits for 3Q11 by 144% year on year
  • Scorpio hopeful on winter
    NYSE-listed Scorpio Tankers reported larger losses than expected today but voiced optimism that market conditions are improving for its next three months
  • France to appeal EC's ruling on SeaFrance
    PARIS said today France plans to appeal the EC's rejection last month of a €259.5M ($353.3M) restructuring proposal for SeaFrance
  • CMA CGM deal with HCI rumoured
    RUMOURS abound that listed German shipping trust HCI Hammonia is about to acquire two 5,500teu box ships from CMA CGM
  • RMT posts $11M profits 3Q2011
    SINGAPORE'S Rickmers Maritime Trust today returned to profitability with net earnings of $11M in 3Q2011, reversing a $54.6M loss in 3Q2010. RMT posts $11M in 3Q2011 profits
  • STX Pan Ocean reveals losses of $35M
    SOUTH Korea's top drybulk carrier STX Pan Ocean plunged today into the red, reporting $35M in net losses for 3Q2011
  • Oltmann acquires 'bargain' ships
    GERMAN KG house Oltmann said today it has secured bargain buys of three multipurpose and container newbuildings for its private investors
  • Losses force HCI slashes
    GERMAN KG house HCI Capital said today it will cut one-fifth of its workforce and slash costs by $13M per year, after posting heavy losses
  • GSL concedes covenant risk
    GLOBAL Ship Lease, which charters box ships to CMA CGM, disclosed today that it will soon require a covenant waiver because of slumping asset values
  • Libya reported nearing 800,000b/d
    LIBYA's oil production is expected to increase to 800,000 barrels per day within the next few weeks, a London conference heard today
  • Ferry passengers freed
    TURKEY said commando teams have stormed a hijacked ferry near Istanbul, freeing all 24 passengers and crew, who had been held hostage for 12 hours
  • Bunker costs threaten VLCC revival
    VLCC SPOT rates are continuing this week to rise, but analysts are warning that growing bunker costs could smother the trend
  • Berlin reverses shipping cuts
    GERMAN parliamentarians have voted to repeal much-criticised spending cuts on labour cost subsidies for German-flag ships
  • TSA plans box rate boost
    TSA TODAY announced plans to set higher rates from next year, after several members posted significant third-quarter losses

The Journal of Commerceweb site
NOVEMBER 14, 2011
  • FMC Clears Tariff Files to Prevent Fraud
    The Federal Maritime Administration's cleaning of its ocean carrier tariff files may help prevent shippers from being scammed by an...
  • ILA, NYSA to Give Hiring Preference to Veterans
    The International Longshoremen's Association and the New York Shipping Association said they will give hiring preference to Iraq and Afghanistan...
  • Containerized Exports Rose 6.7 Percent in Third Quarter
    U.S. containerized exports rose 6.7 percent in the third quarter, the eighth straight quarter of expansion, led by rising demand...
  • Covenant Loses $11.1 Million, Freight Revenue Falls
    Covenant Transportation lost $11.1 million in the third quarter compared to a $1.9 million profit in the same period year...
  • David Noe, APL Vice President of Sales, Dead at 50
    David Noe, APL's long-serving vice president of sales, marketing and customer support in the Americas, died last week in Houston...
  • Cathay Pacific Says Holiday Cargo Peak 'Unlikely'
    Cargo transported by Hong Kong-based Cathay Pacific and sister carrier Dragonair fell for the seventh straight month in October, and...
  • Hamburg Regains Spot as No. 2 European Box Port
    The port of Hamburg wrested back second place in Europe's container league from Antwerp, with a 15.3 percent surge in...
  • Analyst Says Eurozone Volatility Pulls Down China Exports
    The Eurozone's lurch from crisis to crisis is the prime reason for the soft Chinese export growth piling downward rates...
  • Five Carriers to Suspend Asia-Latin America Loop
    Five carriers that operate three joint services between Asia, Mexico and the West Coast of South America plan to suspend...
  • Japanese Economy Regains Growth in Third Quarter
    The Japanese economy grew 1.5 percent in the July-September quarter from the preceding quarter, or at an annualized pace of...
  • Carriers Consider Lifting Indian Port Congestion Fees
    Ocean carriers serving India's Port of Chennai said they will consider lifting their bottleneck surcharges if restrictions on cargo movements...
  • Box Ships Books $5.1 Million Profit
    Box Ships booked a profit of $5.1 million in the first full quarter since the Greek container ship owner's initial...
  • Hamburg's HHLA Expands Profit, Warns of Overcapacity
    HHLA managed to grow revenue and container traffic in a challenging third quarter, but Hamburg's biggest stevedore warned of an...
  • Rickmers Swings to a $11.1 Million Profit
    Rickmers Maritime Trust swung to an $11.1 million profit in the third quarter from a $54.6 million loss a year...
  • Trans-Pacific Carriers Seek Post-Holiday Rate Hike
    Trying again to stop the erosion of rates that has hit major east-west trade lanes this year, shipping lines in...
  • When Capacity Turns
    If there is, as ocean carriers say, too little demand for freight space and too much capacity on the water,...
  • LTL Pricing Heads Up
    Less-than-truckload pricing is rising, financial results from the largest LTL carriers show, as tightening truck capacity and rising costs trump...
  • Measuring LTL Capacity
    How tight is LTL capacity? That depends on the carrier and its territory. "Capacity (at YRC) is not tight,...
  • Driving Back to Basics
    Four months after James Welch rejoined YRC Worldwide as CEO, the scope of his plans for the ailing trucking giant...
  • Polarizing Perspectives
    Perspectives, I've learned, are very much based on where you sit, so I was more than interested in what two...
  • Preventing the Next Big Bang
    Maritime industry employers are working with longshore unions around the country to prevent potentially deadly refrigerated containers from Vietnam from...
  • IMF Pushes Exports
    Egypt is hardly alone in its struggle to find a path to political transition and make reforms that are economically...
  • Port Horizons Brighten
    In Egypt, the disruptions of the Arab Spring didn't just disrupt traffic in the congested streets of its ancient cities....
  • Cloudy Forecasts
    Short- and medium-term economic forecasts for all of the major countries in the Mideast have been revised downward months after...
  • After the Spring
    Nine months after angry crowds brought down the administration of long-time dictator Hosni Mubarak, political and economic uncertainty hang heavily...
  • Ripe for Inspection Fees
    Any broker, importer or other U.S. business that agreed eight years ago to be the agent of a foreign food...
  • Financing Limits Transport Plans
    For transportation interests who believe the U.S. needs a long-term infrastructure strategy, prospects for funding are dimming. How will a...
  • Capacity for Contracts
    If container lines really start parking ships in significant numbers, it may have more to do with 2012 than with...
  • Load Factors Tumble
    The effect of the capacity glut on most U.S. trade lanes is clearly visible in the decline in load factors...

Containerisation Internationalweb site
NOVEMBER 14, 2011
  • RCL still losing in tough Asian market
    Thai-based Asia-centric carrier, Regional Container Lines (RCL) incurred an operating loss of THB483 (USD15.7) million in the third quarter of the year, albeit ...
  • K Line boosts South Korea/India coverage
    Tokyo-headquartered K Line is beefing up its South Korea/India coverage with the introduction of a new Kwangyang/Kaohsiung - West India Express (FIX) service ...
  • TSA to raise rates on troubled transpac
    Members of the Transpacific Stabilisation Agreement (TSA) are to raise their freight rates in an emergency rate restoration in order to halt the slide of plummeting ...
  • India's boxports ahead by 4%
    Seemingly bucking the consumer austerity-induced slowdown in global demand, India's 13 major ports increased container throughput in the six-months ending October ...
  • Frankfurt terminal changes name
    Frankfurt Intermodal Terminal (FIT) has changed its name to Contargo Industriepark Frankfurt-Hochst. As made clear in Contargo's press statement, 'the ...
  • Salvors readying for removal of Rena boxes
  • DB Schenker starts rail service between UK and Poland
    DB Schenker has commenced a weekly block train service between Poland and the UK. The first train departed from Wroclaw on Tuesday evening November 8 and arrived ...

TradeWindsweb site
NOVEMBER 14, 2011
  • Ultrapetrol sheds the red
    Felipe Menendez-led owner reverses third-quarter loss as revenue surge helps resurrect bottom line.
  • Marfin eyes investments
    Andreas Vgenopoulos-led firm poised to pounce on "opportunities" in the Mediterranean following pact with yard group.
  • NewLead pens rate revision
    Newest addition to Michael Zolotas-led owner's dry arsenal secures extended 16-year fix in exchange for reduced rate.
  • Petrobras picks Deep Sea duo
    Brazilian behemoth poised to splash $100m on a pair of Oslo-listed offshore owner's anchor-handlers.
  • DVB to beat the gloom
    German bank says its results will meet the mark this year despite shipping and banking woe.
  • Rickmers unveils new CFO
    German giant's finance boss says new sources of cash will be essential for owner to remain active amid market turbulence.
  • ICG fails to impress
    Earning power weaker in what is key business quarter for Irish ferry operator.
  • Star wins another round
    Oslo-listed owner takes another step in pursuit of $16.5m damages payment from Russian charter.
  • Esco back in black
    Tschudi-owned multipurpose operator reveals small 2010 profit, after winning compensation for charter termination.
  • Genmar battles shot clock
    Jewel of Georgiopoulos empire secures key waiver extension as Moelis & Co and Randee Day join fight to stay afloat.
  • GSL spills less red ink
    A tough market and higher costs bear down on Ian Webber-led shipowner's bottom line.
  • Citi sounds dry cargo alarm
    Shipping boss Michael Parker sees two or three years of pain for the bulk market.
  • Double sting for Scorpio
    Emanuele Lauro-led owner sees red in a quarter hindered by seasonal weakness and macro-economic troubles.

American Shipper - Ocean newsweb site
NOVEMBER 14, 2011
  • PO Shipping adds new TP loop
  • 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.
  • 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.
  • TSA seeks interim $400 per FEU min.
  • Five lines rationalize Asia/Mexico-WCSA capacity
    Waiting for confirmation from Hamburg Sud that these are the services are involved
  • CKYH pull East Coast via Suez loop
  • Lines suspend Asia-Americas round-world loop

The Bunker Bulletinweb site
NOVEMBER 14, 2011
  • IFO prices firm in Fujairah
    Deliveries in Cape Town available for supply between November 17-28 November.
  • Svitzer develops ECOtug
    New type of harbour tug that consumes less fuels, spills less oil and is more maneuverable than other tugs will be delivered in December.
  • Prices mixed in Rotterdam
    Buyers left wonder what is supporting the market, player tells Bunkerworld.
  • CMF product 'within 3.50% sulphur limit'
    Supplier complying with 2012 sulphur cap.
  • IMO mandatory GHG measures to cut billions from fuel bills
    Study of EEDI and SEEMP effect predicts 13% CO2 reduction by 2020 and 39% by 2050 compared with BAU scenario, but still with net growth.
  • Decline in bunker volumes continues
    Japanese bunker sales 18% down year-on-year.
  • Drive for fuel-efficient, less polluting engines boosts shipyards
    US shipyard says government incentives have been 'a shot in the arm.'
  • Bunker prices generally firming in Asia
    Demand mixed at major Asian bunker hubs on Monday, traders say.
  • TSA members to raise rates to halt losses
    Says correction is both 'imperative and overdue'.
  • Singapore's October bunker sales down
    Fall in sales volumes in line with slow global trade, say players.
  • Maersk orders second generation exhaust gas system
    Exhaust gas system compatible with different types of bunker fuels, says MAN Diesel.
  • BIMCO adds new bunker clauses for time charter parties
    New clauses to address importance of bunker issues and minimise risk of bunker disputes, says BIMCO.
  • Salvors to remove last of bunkers from grounded box ship
    Work will continue for 'some time' to ensure all accessible oil is removed from Rena, says Maritime New Zealand.

›››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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