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Independent journal on economy and transport policy
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BRIEFS
July 21, 2011
The Business Timesweb site
Shipping News
  • Hyundai Heavy Q2 profit hit by low ship prices
    Hyundai Heavy Industries, the world's largest shipyard, said profit in the second quarter dropped 17 per cent as it built more ships that were won at lower prices after the credit crisis.
  • New mega ship may pressure freight rates
    China's Bohai Shipbuilding Heavy Industry will soon deliver its first mega bulk carrier to Berge Bulk, local media reported, a move that could put further pressure on the weak shipping sector grappling with overcapacity and depressed freight rates. The imminent arrival of the 388,000-tonne mega ship, Berge Everest, comes on the heels of the delivery of two similar sized vessels to the world's largest iron ore miner Vale.
  • Russia plans to revive Soviet-era Arctic route
    Russia plans to revive a Soviet-era Arctic sea passage to service energy projects and provide a shorter supply route to Asia for carriers such as OAO Sovcomflot as the shipping line plans an initial share sale this year.

Sched Netweb site
  • CMA CGM hikes rates US$250/TEU, adds various surcharges from August 1
  • OOIL gloomy as it reports quarterly revenues up 1.4pc to US$1.4 billion
  • Beijing to ban foreign lines from offering cross-strait shipping next year
  • Loops out of Asia slip away to cut supply as peak season surcharges delayed
  • EU environmental regulations will induce freight to move from ship to truck
  • First mate's mobile, laptop use results in 'maritime manslaughter' charge
  • MSC, CSAV join India-European strings into one, dropping Jeddah on backhaul
  • Agility appeal for review quashed, Pentagon fraud charges proceed
  • Kuehne + Nagel accelerates expansion, buys into Brazil's Grupo Eichenberg
  • State of Minnesota's non-critical service shutdown closes truck rest stops
  • Changi reflects on 30 years of flight growth - and much more to come
  • Swissport enters new deals with TNT and Icelandair in Belgium
  • After 2009 cutbacks, Hawaii reinstates 10 agricultural inspectors
  • Mobile X-ray machines favoured as Mideast steps up air cargo security

Exim Indiaweb site
  • Energy-efficient LNG carrier, jointly owned by NYK Line, named
  • Ignazio Messina enhances service from Mundra
  • Jeffrey Ganek joins INTTRAs Board of Directors
  • JNPT Chairman releases Exim India Year Book 2011
  • Overcapacity issue looms large over box shipping
  • Corn exports may rise over four times to 3 m tonnes
  • Glassware from China, UAE may attract anti-dumping duty
  • Iran warns of stopping exports
  • Essar Ports' Vadinar terminal commissions 12-mt expansion
  • Plan to set up Major Port at Port Blair on hold
  • Port workers' body welcomes move to bring in PRA Bill
  • Standoff between MoS & Plan panel could impact investments
  • Tirupur exporters ask FM to convince banks on export credit

Marine Logweb site
JULY 20, 2011
  • NASSCO gets $11.7 million mod to LSD 49 contract
  • EU to provide funds for LNG refueling study
  • Court says California smoke abatement laws are inapplicable to ships
  • New contracts extend Otto Marine OSV operating horizons
  • Siemens equipment for first German-built wind farm installation vessel

World Wide Shipperweb site
JULY 20, 2011
  • AAPA teaming with DOC to advance U.S. exports
  • CSX Corporation delivers second fiscal quarter numbers
  • MOL donates reefer boxes to Japanese fishing cooperative
  • Study finds Port of Seattle taking lead as green seaport
  • Coast Guard reinstates commander following cutter grounding review

Lloyd's Listweb site
JULY 20, 2011
  • Middle East VLCC rates to stay flat on tonnage glut
    The glut of very large crude carriers available for employment in the Middle East Gulf for cargoes loading in the first half of August has ballooned by as many as 12 vessels to 88 ships in the last week, capping significant rate rises for VLCCs shipping crude from the region
  • Yards benefit from boxship order recovery this year
    Maersk Line has dominated ordering activity in 2011 with its multi-billion dollar order for 18,300 teu ships
  • Chinese yards deliver 40% of newbuildings in first half
    Widening gap between South Korean volumes as Asian shipbuilding shift continues
  • BHP hits record for iron ore and thermal coal
    Metallurgical coal numbers are down, though, as its facilities continue to recover from flooding and poor weather conditions earlier this year
  • Sluggish demand from Europe and Caribbean keeps charter rates low
    The downturn in the charter market has gained pace in the last week due to the summer period and low demand from carriers suffering from low utilisation
  • CMB profits slump on low first half capesize freight rates
    Newbuildings put pressure on rates and secondhand values
  • DP World denies damage to cranes at terminal is cause of congestion
    Container lines introduce surcharges in a bid to recover costs
  • Class societies' association to open Brussels office and step up EU lobbying
    Appoints representative to take proactive role in Europe.
  • Global economic indicators paint a worrying picture for ship finance
    Vessel earnings and values remain depressed, while options for raising new funds for investment or refinancing are limited
  • St Petersburg throughput falls 2% in shift from coal to containers
    Switch is part of programme for removal of environmentally unfriendly cargoes
  • Paragon Shipping signs up with blue-chip charterers
    Recent deals with Cargill and Morgan Stanley Capital highlight a strategy of securing reliable cash flow when the outlook for dry bulk earnings looks poor
  • Graig plans giant eco-feedership fleet
    First six vessels from Jin Hai yard to cost $180m, with expectation of 20 more similar vessels
  • Poland's rival ports maintain battle of words
    The fierce competition between Gdansk and Gdynia can be traced all the way back to the First World War
  • Why shipping stays offshore
    Is anybody listening to what the Greek private sector really needs to help improve the country's economy?
  • London's newest maritime library
    Lloyd's Register stepped in to save Imarest's world-class archive
  • The industry's responses to the scourge of piracy
    Evolving thinking about preventing pirate attacks has been marked by an increasingly aggressive call to arms
  • Norway provides template for armed guards
    New rules are a highly practical response to shipowners' calls for a workable code
  • Lines swap slots in Asia-Europe trades
    Capacity withdrawals force new partnerships
  • Wake up and smell the crude
    Greek VLCC owners may be in denial over Chinese dominance of Gulf to China route
  • Russia to develop 'toolkit' to ease way for ports concessions
    European Bank for Reconstruction and Development poised to lend funds for state-run agency to create draft agreements and tendering guidelines
  • Indian chaos
    India's government needs to resolve the tension between the urgent need to develop its infrastructure and following due process
  • Hyundai Heavy earnings fall 40% in second quarter
    Poor performance in non-shipping units drags on results
  • CMA CGM announces Asia-Europe peak season surcharge and rate hike
    Third attempt in as many months to press for higher freight rates
  • DP World takes majority stake in two Suriname port terminals
    Global ports group acquires control of container and breakbulk facilities at Paramaribo
  • Pacific Shipping Trust records steady second quarter
    Income stream defies tough market conditions as long-term charters remain intact
  • Head of Lloyds ship finance to step down
    Bank says Bart Veldhuizen is being replaced
  • Equatorial Guinea in shipbuilding and repair push
    Central African country to build first vessels at port of Malabo
  • OOCL points to disappointing outlook for full-year performance
    Demand is reasonable but rates on key east-west rates trades continue to deteriorate

Fairplayweb site
JULY 20, 2011
  • Shikhov stresses IMO ties
    STRONGER ties with regulators, "in particular with the IMO", was listed today as a top priority for new IACS chairman Pavel Shikhov
  • EU adds money for LNG fuel study
    THE EU is to provide €9.57M ($13.58M) as part-funding for a €26.79M Belgian-Danish study to analyse proposals to switch to LNG propulsion to reduce ship pollution
  • ICS, ISF disown scam email
    A BOGUS email has suggested that recipients owe money to the International Chamber of Shipping and International Shipping Federation, the groups warned today
  • EU backs bigger Dunkirk
    DUNKIRK is to receive €1.85M ($2.63M) from the EU towards the €3.5M cost of a study into an expansion including two new deepwater docks
  • IACS plans performance gauges
    IACS IS changing its quality certification system, its recently appointed chairman said today
  • Steamships score ECA relief
    A DECISION by the IMO'S Marine Environment Protection Committee has effectively extended the fleet lifespan of struggling Jones Act carrier Horizon Lines
  • Cash confiscated at UK port
    OFFICERS at Holyhead ferry port in northern Wales have seized smuggled cash worth nearly $240,000, the UK Border Agency told Fairplay today
  • Bulks drive up Antwerp totals
    ANTWERP'S throughput increased by 10.4% to 95.87M tonnes in this year's first half, the port authority said today
  • Iran-India payment snag exacerbated
    IRAN IS threatening to cut off crude supplies to India because sanctions against Tehran make it difficult for other nations to pay for shipments, IHS Global Insight reported today
  • DPW bets on Suriname
    DUBAI Ports World today confirmed a major entry into the Suriname market in South America
  • Indonesia coal exports to India rising
    INCREASED demand in India for coal has enabled Indonesian exporters to set a record, IHS McCloskey reported today
  • HHI profits dive 16.5%
    HIGH STEEL prices contributed to a fall in net profits for South Korea's Hyundai HI in the second quarter, despite a jump in revenues
  • Atlantic ballasting rises for Panamaxes
    BROKERS told Fairplay today soft Panamax bulker rates in the Pacific are expected to spill over to the Atlantic
  • No-one bids for Greek container facility
    GREECE has reportedly failed to attract bids for its first container storage and distribution facility
  • Typhoon port closures fail to harm markets
    BROKERS told Fairplay today that the closure of some Japanese ports as Typhoon Ma-on approaches was not immediately expected to affect clean products and crude freight rates

The Journal of Commerceweb site
JULY 20, 2011
  • Democrats Say Republicans Risk FAA Shutdown
    The Obama administration and Senate Democrats say Republicans' attempt to cut rural air service subsidies is risking a Federal Aviation...
  • Averitt Cuts Transit Times to Western Canada
    Averitt Express is shortening transit times between the Southern U.S. and Western Canada with a service that speeds freight across...
  • Customs Manifest Testing Pushed Back Again
    The start date for testing ocean and rail manifest systems of Automated Commercial Environment is pushed back to Aug. 1...
  • CSAV Volume Down, Average Revenue Up
    CSAV's volume of transported containers fell by 10 percent in June from May of this year, but the average revenue...
  • CSX Sees Shorter But Strong Peak Season
    CSX Transportation expects the upcoming intermodal peak season to kick in later than last year and not last as long,...
  • CN Improves Northern Ontario Main Line
    Canadian National Railway will spend more than $21 million (C$20 million) this year and next to expand the sidings of...
  • Port of Antwerp Container Traffic Grows 4.3 Percent
    The Port of Antwerp's container handling increased 4.3 percent year-over to 20-foot equivalent units in the first six months of...
  • Japan Extends Anti-Piracy Efforts
    Japan will extend the Self-Defense Forces' anti-piracy mission in the waters off Somalia for another year starting July 23. ...
  • Heavy Truck Orders Drop 9 Percent
    Heavy truck orders slowed for the second straight month in June, dropping 9 percent from May levels to 21,266 units,...
  • Marten Transport Boosts Profit 20 Percent
    Marten Transport improved its profitability for the fifth straight quarter, raising its profit 20.1 percent from a year ago to...
  • Duisburg Traffic Up 10 Percent in First Half
    Duisburg, the world's largest inland port, boosted first half 2011 container traffic by 10 percent from a year ago, outpacing...
  • MSC to Anchor New Togolese Port Terminal
    Mediterranean Shipping Co. will be the anchor customer of a new terminal at the Port of Lome, Togo, with annual...
  • Indian Navy Foils Pirate Attack
    The Indian Navy foiled an attempted pirate attack on a Greek merchant ship in the Gulf of Aden between Yemen...
  • Melford International Terminal's President on Project's Progress, Challenges Ahead (Video)
    Peter Tirschwell, senior vice president of Strategy for UBM Global Trade (parent company of The Journal of Commerce) sits down...
  • CSX's Ward "Not Overly Concerned" About Economy
    The rail freight economy is improving, the head of CSX Transportation said, and key customer sectors such as manufacturing point...
  • Heartland Express Profit Jumps 35.3 Percent
    Heartland Express increased its profit 35.3 percent year-over-year to $22.5 million as operating revenue rose 7 percent to $137.2 million...
  • Maersk to Launch Ecuador-Black Sea Service
    Maersk Line will start a new service between Ecuador and the Eastern Mediterranean and the Black Sea in September that...
  • OOCL Warns of "Disappointing" Year
    Orient Overseas Container Line is forecasting a "disappointing" full year even after the shipping line's second-quarter container volume and...
  • Steinke: Ports Must Reach Out to Communities
    Dick Steinke helped to build Long Beach into the nation's second largest container port during his 14 years as executive...
  • CSX Profit Rose 22 Percent in Second Quarter
    Second quarter profit at CSX Transportation jumped 22 percent to $506 million on just a 3 percent rise in freight...
  • DP World Buys Two Suriname Port Operators
    DP World acquired a controlling interest in two port companies in Suriname, expanding the Dubai-based terminal operator's footprint in the...
  • Maersk Postpones East Asia-US East Coast Surcharge
    Maersk Line is postponing by two weeks the implementation of the peak season surcharge that it planned to apply on...
  • JAL Cargo Plummets, ANA Up 2.1 Percent
    Japan Airlines' international cargo volume plummeted 58.5 percent in May as the carrier adjusted to business without full freighters and...
  • CMA CGM Raises Asia-Europe Rates
    Ocean carrier CMA CGM announced will impose a series of rate hikes and peak season surcharges on Asia-Europe trade lanes...

Containerisation Internationalweb site
JULY 20, 2011
  • ESC objects to EC's proposed Sulphur Directive
  • DP World starts up in Suriname
  • Cebr warns of 'market crash'
  • CMA CGM leads the way back from unsustainable rates
  • OOCL says 2011 outlook 'disappointing' as it reports Q2 results

TradeWindsweb site
JULY 20, 2011
  • CMB battles bulker blast
    'Tsunami' of newbuildings will continue to weigh on rates and vessel values over the next 12 months, Bocimar warns.
  • Bharati stays in black
    Vijay Kumar-led shipyard posts solid profit but bottom line is bolstered by greater subsidy in final quarter.
  • Arctic adds SCF appeal
    Russian plans to open up northern sea route will benefit tanker owner Sovcomflot, analysts say.
  • Antwerp still on the up
    Key Belgian port posts first-half volume increase of 10% as steel and crude lead the way.
  • Bomb kills ship inspector
    Brit is 'engulfed in flames' after a blast rips through his car in the town of Aden.
  • Three cheers for Otto
    Singapore-listed offshore operator headed by executive chairman Yaw Chee Siew bags new deals to enter maintenance market.
  • Court loss hurts FSL
    Philip Clausius-led Trust tipped into the red in the second quarter following fuel spat defeat in China.
  • Clarksons clocks LNG spike
    Newbuilding orders in booming sector have jumped by over 400% in the first half of 2011, broker notes.
  • ISS gets cash injection
    Chemicals group Chambal to pump fresh capital into tanker unit India Steamship as it prepares to stand alone.
  • PST profit creeps up
    Singapore-listed trust sees marginal improvement in second quarter showing as it waits for new capes to spur its bottom line.
  • HHI profit dips
    Strong demand for LNG carriers and drillships keeps shipbuilder in good shape for second half.
  • Wartsila winning
    Finnish ship engine maker sees interim earnings grow thanks to LNG-fueled vessel business.
  • Samho ship to be sold
    Hong Kong judge orders auction of troubled Korean owner's arrested tanker Samho Cordelia.
  • Euronav slides on earnings miss
    Tanker owner's stock in reverse after second quarter report but its numbers were not all bad news, analysts say.
  • Nakilat strong in first
    Qatar LNG carrier owner pushes up profit by 16% as vessel earnings grow.
  • Sale saves B+H
    Michael Hudner-led owner books first half profit thanks to cash from sale of products tanker.

American Shipperweb site
JULY 20, 2011
  • Strategic Trade Authorization
  • Low rates plague OOCL in Q2
    OOCL's revenue stagnated in the second quarter, while volume increased 6.5 percent, the liner carrier said in an interim statement Wednesday. OOCL's revenue increased 1.4 percent to $1.4 billion in the second quarter, and rose 8.5 percent to $2.7...
  • CMA CGM seeks higher Asia/Europe rates
    Liner carrier CMA CGM on Tuesday said it plans to hike rates on the Asia/Europe trade Aug. 1. The line said it will raise Asia/Mediterranean rates by $250 per TEU and assess a $25-per-TEU peak season surcharge on the same date. CMA CGM said the su...
  • Report: China's HNA bidding for GE SeaCo
    Report: China's HNA bidding for GE SeaCo Report: China's HNA bidding for GE SeaCoHNA Group, a Chinese conglomerate that owns Hainan Airlines and Great China Shipping, is vying with the New York U.S. private equity group Kelso to buy GE SeaCo, TheF...
  • CSX reports 28 percent hike in profits
    CSX Corp. reported second quarter profit of $506 million, 28 percent more than the $414 million earned in the same 2010 period. Revenue was $3 billion for the quarter that ended July 1, 13 percent more than the $2.7 billion in the comparable 2010 ...
  • U.S. aerospace expects uplift from export reform
    The Aerospace Industries Association welcomed the Obama administration's proposed rule to relieve low-risk technology exports of burdensome and unnecessary restrictions. "For years the U.S. export control system has created confusion and delay in ...
  • U.S. regulators halt unsafe jewelry imports
    Collaboration between the U.S. Consumer Product Safety Commission and Customs and Border Protection has stopped another shipment of unsafe imports from entering the U.S. economy. This time the article in question was children's toy jewelry that con...
  • Matson rebrands units as Matson Logistics
    Matson said Tuesday it is rebranding its three logistics units under the new name, Matson Logistics. Matson said having the three entities -- Matson Integrated Logistics, Matson Global and Matson America -- use the same brand "will better define th...
  • BIS promises improved trade with U.S. allies
    A newly proposed regulation by the U.S. Commerce Department's Bureau of Industry and Security calls for amending the Export Administration Regulations to establish a process by which certain items moving from the Munitions List to the Commerce Co...
  • Judge orders Long Beach truck study
    A federal judge has ruled that the Port of Long Beach erred in 2009 when it modified without study its clean trucks program as part of a settlement with the American Trucking Associations. The court ordered the port to conduct such a study and rep...

The Bunker Bulletinweb site
JULY 20, 2011
  • Fujairah prices rise
    Supplies tight in the port.
  • Rotterdam and Hamburg bunker markets firm
    Busy morning session in Hamburg.
  • Total to sell LSFO in Le Havre
    Products will be imported from facilities in the ARA region.
  • European shippers call for delay of ECA sulphur limit
    Low sulphur fuel regulation could cause 'major shift to road freight,' warns ESC.
  • Chevron to close London bunker desk
    Closure to follow sales of its refining and fuels marketing business in the UK and Ireland.
  • First-ever greenhouse gas regulations for ships adopted by IMO
    This sends a strong signal that it is time to find ways to reduce emissions and fuel costs, while increasing overall ship efficiency. But the work is not done.
  • Asian bunker prices lack direction
    Demand generally 'moderate' at key Asian bunker hubs.
  • Logistical 'uncertainty' a chief concern of slow steaming
    BDP International carries out survey on how slow steaming affects companies.
  • Industry veteran steps in as director, CEO for Sri Lankan bunker firms
    Channa Abeyagunewardena joins Interocean Energy Pvt Ltd and McMarine Pvt Ltd as of July 12.
  • Lower freight rates in Q2 'hurt' OOCL
    Improved revenues needed to offset 'significant increases' in bunker prices, says parent firm.
  • Belgian tanker owner swings to red
    Tanker market faced with slump in rates and high bunker prices during Q2.

›››File
FROM THE HOME PAGE
EU shipping emissions hit record levels, T&E reports
Brussels
The association reiterates its proposal to extend the ETS to smaller vessels
In September, freight traffic in the port of Ravenna increased by +18.3%
Ravenna
In the third quarter of 2025, growth was +10.6%. A +58% increase in cruises is expected in 2026.
In the first nine months of 2025, freight traffic in the ports of the Southern Adriatic system decreased by -7%
Sea-Intelligence: Marked deterioration in the westbound transatlantic shipping market
Singapore
Last year, 13 seafarers died in accidents involving EU vessels.
Luxembourg
Nine deaths occurred on board fishing vessels
The European Parliament and the Council have reached an agreement on the calculation of greenhouse gas emissions from transport.
Brussels
Incentives are foreseen for small and medium-sized enterprises
The English port of Shoreham has won the ESPO Award for Social Integration of Ports.
Brussels/Rome
Assoporti received a special mention for its project on gender inequalities.
In the third quarter, the Ocean division of the Maersk group recorded a decrease in revenues of -17.4%.
In the third quarter, the Ocean division of the Maersk group recorded a decrease in revenues of -17.4%.
Copenhagen
Container ship volumes increased by 7.0%. The Danish company highlights the benefits of the VSA Gemini Cooperation.
The Chamber of Deputies has approved the final text of the proposed law on interports
ECSA and T&E welcome the STIP plan presented by the European Commission
Brussels
CER applauds measures to accelerate the development of high-speed rail
Only one proposal admitted to the competition for the construction of mooring points outside the protected waters of the Venice lagoon
Venice
It will now have to be developed by the proposing entity
The European Commission presents the plan to ensure the sustainability of maritime and air transport by guaranteeing the production of the necessary alternative fuels
Brussels
The one to accelerate the development of high-speed rail is also ready
In the third quarter, naval traffic in the Suez Canal grew by +2.5%
In the third quarter, naval traffic in the Suez Canal grew by +2.5%
Cairo/Ismailia
10.6% increase in transits in September
The first freight train opens the new Austrian Koralm railway line.
Villach
The infrastructure is part of the European Baltic-Adriatic Corridor
Norwegian Cruise Line Holdings reports record quarterly revenue
Miami
Decrease in passengers embarked
In the third quarter, freight traffic in the port of Palermo grew by +3.1%
Palermo
Cruise passengers increased by 8.8%. Ferry passengers decreased by 2.7%.
Italian De Wave Group acquires compatriots IVM, Electrical Marine, O.M. Project, and Cantieri Navali San Carlo
Italian De Wave Group acquires compatriots IVM, Electrical Marine, OM Project, and Cantieri Navali San Carlo
Genoa
Pompili: Our strategy is aimed at creating a national hub for the shipbuilding industry.
In the July-September quarter, ONE's revenues decreased by -24%
In the July-September quarter, ONE's revenues decreased by -24%
Singapore
The company's fleet transported more than 3.3 million containers (+1%)
Stena Line buys Finnish shipping company Wasaline
Stena Line buys Finnish shipping company Wasaline
Gothenburg/Vaasa
The ferry "Aurora Botnia" will remain the property of the cities of Vaasa and Umeå
Global Ports Holding will build and operate a cruise terminal in the port of Ferrol.
London/Ferrol
30-year concession contract
HD Hyundai partners with Siemens to revitalize US shipbuilding
Seongnam/San Francisco
In the July-September quarter, vessel traffic in the Bosphorus Strait decreased by -0.5%
Ankara
In the first nine months of 2025 the decline was -4.7%
In the third quarter, naval traffic in the Panama Canal grew by +7.0%
Panama
They transported a total of 62.6 million tons of goods (-0.4%)
Foreign traffic at Chinese seaports reached a historic record in the third quarter
Beijing
Containers also reach their maximum peak
The approval process for the Catania Port Master Plan has been completed.
COSCO Shipping Holdings' revenues decreased by 20.4% in the third quarter.
Hong Kong
Containerized cargo carried by the Chinese group's fleet increased by +4.9%
US and China to suspend reciprocal taxes on each other's ships for a year
Washington/Beijing
Tariffs introduced to hit Chinese exports will be reduced in exchange for Beijing's aggressive fight against fentanyl.
Intermodal transport operators and associations urge the German government to take measures to save the sector
Brussels
Open letter to the Minister of Transport and the CEO of the DB Group
COSCO Shipping Ports reports record quarterly revenue
Hong Kong
The July-September period closed with a net profit of 99.2 million dollars (-3.6%)
CIMC's container sales decreased by -36.0% in the third quarter
Hong Kong
The reduction is due to lower demand for dry cargo containers
Agreement between IDS (Fincantieri) and Next Geosolutions for the development of Unmanned Surface Vehicles
Trieste/Naples
They will be used for civilian purposes in the Oil & Gas and renewable energy sectors
A cooperation agreement between the Italian and Indian port systems is being finalized.
Rome
Rixi met with Indian Minister of Ports and Shipping
CMA CGM and RSGT partner to operate a new container terminal at the port of Jeddah
Marseille
An investment of 450 million dollars is planned
The stranding of a ship did not interrupt shipping traffic in the Suez Canal.
Ismailia
Accident involving the sanctioned oil tanker "Komander"
Royal Caribbean Cruises Sets New Quarterly Financial and Operating Records
Royal Caribbean Cruises Sets New Quarterly Financial and Operating Records
Miami
Good prospects also for the 2026 season
Freight traffic handled by the port of Rotterdam remained stable in the third quarter.
Freight traffic handled by the port of Rotterdam remained stable in the third quarter.
Rotterdam
Containerized cargo volumes remained unchanged. Bulk cargo increased slightly, while rolling stock and conventional cargo decreased.
Pakistan offers Bangladesh the use of Karachi port for its foreign trade
Pakistan offers Bangladesh the use of Karachi port for its foreign trade
Dhaka
A direct air link between the two countries is planned.
The World Shipping Council and the China Shipowners' Association discussed reciprocal taxes on US and Chinese ships.
Shanghai
Beijing has reportedly introduced exemptions for US ships built in China
The German Rail Freight Association denounces the failure of the national rail network expansion plan.
Berlin
Westenberger: In recent years, federal governments have instead provided cement for the roads
Ties between the US and South Korean shipbuilding industries are further strengthened.
Ties between the US and South Korean shipbuilding industries are further strengthened.
Gyeongju
HD Hyundai and Huntington Ingalls Industries sign manufacturing cooperation agreement
Marsa Maroc and CMA CGM have formalized the agreement for the management of the new West Terminal at the port of Nador West Med.
Paris
It will become operational in 2027
SAS (MSC group) will exit Moby by selling 49% of its capital to Onorato Armatori
Rome
The AGCM announces that the commitments presented dissolve the structural and financial ties that had motivated the start of the investigation
Moving the cruise terminal in Trieste is being considered.
Trieste
Madriz (Trieste Passenger Terminal): ready to provide services wherever large ships choose to dock
The UIRR is disappointed by the European Commissioners' intention to withdraw their proposed amendment to the Combined Transport Directive.
Brussels
Sparks fly between the League and Brothers of Italy over the appointment of the presidents of the Port System Authorities.
Rome
Salvini accuses the majority party of obstructing them, absolving Giorgia Meloni from any responsibility
In the third quarter, freight traffic in the port of Taranto decreased by -22.9%
In the third quarter, freight traffic in the port of Taranto decreased by -22.9%
Taranto
Decline in all main product segments except liquid bulk
Kuehne+Nagel announces cost reduction program
Schindellegi
In the third quarter of this year, net sales fell by -6.8%
In the third quarter, DSV recorded a net profit of DKK 2.2 billion (-24.1%).
Hedehusene
Revenues rose 63.2% to a record $72 billion.
Fedespedi and Assiterminal are asking the Ministry of Transport for clarification and changes to the rules governing truck waiting times for loading and unloading.
Milan
Federlogistica: Before launching the port reform, a discussion with operators is necessary.
Genoa
Falteri: No reform can work unless it arises from a true, structured, and ongoing dialogue.
In the third quarter, freight traffic in Spanish ports increased by +0.7%
Madrid
Container cargo and dry bulk volumes are declining
ESPO calls for continued efforts towards a global solution on ship emissions despite referral to IMO
In the third quarter, freight traffic in the port of Antwerp-Bruges decreased by -2.8%.
In the third quarter, freight traffic in the port of Antwerp-Bruges decreased by -2.8%.
Antwerp
In addition to bulk cargo, containers also decreased
Luka Koper and CEVA Logistics launch joint venture for car traffic in Slovenian ports
Koper
CMA CGM has signed a declaration of intent
Greer (USTR): Chinese retaliatory measures will not prevent US from rebuilding its shipbuilding base
While for many the postponement of the Net-Zero Framework should be seen as an opportunity, for others it derails the path to decarbonisation of shipping.
Norwegian Cruise Line Holdings ships will refuel with renewable fuels in the port of Barcelona
Miami
Eight-year agreement with Spain's Repsol
The IMO MEPC has decided to postpone the vote on the shipping decarbonisation strategy by one year.
London/Brussels
Kazakhstan (ICS): Industry needs clarity. T&E, there's a risk that the agreement, even if adopted in a year, won't enter into force before 2030.
ESPO welcomes the EU Parliament's recognition of the role of ports in strengthening mobility and military resilience.
Brussels
Ryckbost: We hope that these points will be reflected in the final compromise text.
PSA Genova Pra' terminal authorized to accommodate two 400-meter container ships simultaneously
Genoa
Yesterday the "COSCO Shipping Taurus" and "Evelyn Maersk" moored, both 20,000 TEU vessels.
Salvini, the port reform aims to create a national port network capable of overcoming fragmentation
Rome
The relaunch of an integrated vision of the planning and programming of all port investments is foreseen
Port of Los Angeles Sets New All-Time Quarterly Container Traffic Record
Los Angeles
Port authorities are concerned about the impact of new taxes on Chinese ships and cranes.
HMM invests $2.8 billion in the construction of 12 13,000 TEU containerships and two VLCCs
Seoul
The ships will be delivered by April 2029
Filt Cgil, concerned about the TAR ruling on self-production in the port of Salerno.
Rome/Salerno
The union said it was certain that the Central Tyrrhenian Port System Authority would appeal the ruling.
Pirate attacks on ships increased by 37% in the third quarter
Pirate attacks on ships increased by 37% in the third quarter
Kuala Lumpur
The Singapore Straits region remains at high risk
Appointments of Port Authority presidents and port reform remain stalled, according to port operators at La Spezia.
Appointments of Port Authority presidents and port reform remain stalled, according to port operators at La Spezia.
La Spezia
A heavy brake - they underline - on the principles of participation, transparency and control provided for by the current legislation
In Indonesia, two accidents on the same ship at the same shipyard cause 14 deaths.
Batam
This morning a second explosion on the FSO "Federal II"
South Korea's Hanwha Ocean has been implicated in the trade war between the US and China.
Beijing
Beijing also took countermeasures against five US subsidiaries of the shipbuilding group
Port of Singapore set new all-time container throughput record in third quarter
Singapore
By weight, however, this cargo volume recorded a decrease of -1.8%.
Green fuel producers support IMO's shipping decarbonization strategy
London
The importance of introducing incentives for green e-fuels was underlined
In August, freight traffic in the ports of Genoa and Savona-Vado increased by +2.5% thanks to the increase in bulk cargoes
Genoa
Various goods fell by 14.4%. The Spediporto Conference
The US threatens retaliation against states that vote to approve the Net-Zero Framework.
Washington
"Our fellow IMO members," Rubio, Wright, and Duffy warned, "should be warned."
Wallenius Wilhelmsen: New US port tax on car carriers is higher than expected.
Oslo
From tomorrow they will rise to 46 dollars per net ton
USTR announces heavy tariffs on port cranes and other handling equipment made in China
Washington
100% additional tariffs on ship-to-shore port cranes
Salvini reassures the port of Livorno of the additional resources needed for the new Darsena Europa.
Livorno
Even a hundred million euros more - the minister stated - will not block the development of the airport.
MSC includes calls at Bremerhaven, Limassol and Beirut in the Levante Express service
Geneva
The line connects Northern Europe with the Mediterranean
AD Ports to acquire 20% stake in Latakia International Container Terminal
Abu Dhabi
Agreement with the CMA CGM shipping group
The Eastern Liguria Port Authority approves the 2026 budget and three-year plan.
La Spezia
The decree has been signed to begin construction on the new high-voltage electricity grid in the port of La Spezia.
A new SDC Customs Service Containers warehouse has opened in Porto Marghera.
Venice
It will be used for the storage and movement of goods at room temperature
Moby is selling five ferries at a starting price of €229.9 million.
Vicenza
Sale and lease-back agreement expected for two of the vessels
d'Amico International Shipping's quarterly financial results decline
Luxembourg
Mottola Crossbow: The fundamentals of the tanker industry remain solid.
ICTSI posts record quarterly financial and operating performance
Manila
In the period July-September, container traffic in the group's terminals grew by +12.3%
Denmark's DFDS to cut 400 jobs
Copenhagen
The group is looking for a new CEO. Record revenues were recorded in the July-September quarter.
CEVA Logistics has completed the acquisition of Turkey's Borusan Logistics.
Marseille
Operation worth 383 million dollars
1,100 cars from the Chinese car manufacturer Dongfeng were unloaded in the port of Livorno
Livorno
Traffic is managed through the "Il Faldo" logistics area operated by XCA
Assiterminal, the MIT note clarifies that the 90-minute grace period applies only to waiting times
Rome/Genoa
Ferrari: The Conference of Port Authority Presidents could consider a sort of national program agreement.
Harren assigns a single brand to its heavy lift companies
Bremen
The fleet of 80 vessels will be operated under the single SAL brand.
Wallenius Wilhelmsen's revenues fell by 2% in the third quarter.
Lysaker
Net profit was $280 million (+8%)
ESPO has presented its new annual environmental report
Brussels
Climate change remains the top priority for European ports to address
Over €60 million from the PNRR for the ports of Naples and Salerno
Rome
Rixi: Let's make more effective use of European resources and accelerate the implementation of strategic projects.
Agreement between Escola Europea and DLTM to promote international mobility and maritime training
La Spezia
Synergies between the Ligurian maritime cluster and the port and training community of Barcelona
CMA CGM to register ten new 24,212 TEU containerships in the French International Register
Marseille/Copenhagen
UPS has completed its acquisition of Canada's Andlauer Healthcare Group.
Atlanta/Toronto
Operation worth 1.6 billion dollars
The National Maritime Fund has organised a meeting with the ITS Mare and the maritime training centres
Rome
It will be held on December 3rd in Rome
Two MSC Cruises Musica-class cruise ships undergoing refurbishment in Malta
Geneva
Work at Palumbo Malta Shipyard includes the construction of new suites
Increase in freight traffic in Tuscan ports over the past six months
Livorno
In the first six months of 2025, growth of +2.0% was recorded in Livorno and +4.9% in Piombino
Kalmar closes the third quarter with higher financial results and lower orders
Helsinki
The contribution of the services segment offset the lower performance of equipment sales
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
COSCO Strengthens Its Bulk Fleet with Orders for 29 Vessels
Shanghai
Orders worth a total of over $1.7 billion for 23 bulk carriers and six VLCCs
Tito Vespasiani has been appointed Secretary General of the Western Ligurian Sea Port Authority.
Genoa
The 2026 budget and the 2026-2028 three-year operational plan were approved.
Assiterminal: Technical roundtable on cruise tourism is a success.
Genoa
An important step - Cognolato highlighted - to enhance the territories and promote an integrated vision of the sector.
Fincantieri signs agreement to develop Saudi Arabia's maritime ecosystem
Trieste
It was signed with the Ministry of Industry and Mineral Resources of Riyadh
Yang Ming Signs Contracts for Six New 8,000 TEU Container Ships
Keelung
They will be delivered from 2028 and will replace 5,500 TEU ships
Rijeka Gateway Terminal officially opened
River
It is operated by the joint venture between APM Terminals and Enna Logic
New historical records for quarterly traffic of goods and passengers in Albanian ports
Tirana
2.25 million tons of cargo (+16.7%) and 1.01 million people (+6.4%) moved
The Management Committee of the Southern Adriatic Port Authority takes shape
Bari
The designations of some local administrations are still missing
The Senate's VIII Commission approved the appointment of eight Port System Authority presidents.
Rome
Parliamentary process completed
Carole Montarsolo has been appointed general manager of GNV Morocco
Genoa
Know-how from over ten years of relationships and direct presence in the area
The concession term for Metal Carpenteria in the port of Crotone has been extended.
Gioia Tauro
The deadline has been extended to November 14, 2033
In the period July-September, freight traffic in Tunisian ports grew by +5.4%
La Goulette
Cruise passengers decreased by -10.5%
Wärstilä Corporation closed the third quarter with sales of over 1.6 billion euros (-5.0%)
Helsinki
UPS's latest quarterly financial performance declines
Atlanta
Revenues down by -3.7%
Götz Becker appointed chairman of Interferry
Victoria
The president is Supapan Pichaironarongsongkram, who takes over from Guido Grimaldi
Accelleron and LAB021 partner to develop digital solutions to improve fleet operational efficiency.
The 2026 budget forecast for the Sardinian Sea Port Authority has been approved.
Cagliari
Among the objectives, the strengthening of operational infrastructures on land and dredging
Conference on the culture of prevention in the Italian logistics supply chain
Rome
Organized by Sanilog, it will be held on November 13th in Rome
The PCTC Grande Melbourne was christened and delivered to the Grimaldi Group in China.
Naples
It has a capacity of 9,241 CEUs
A new record in cruise traffic is expected in Italian ports in 2026
Catania
In Catania, Risposte Turismo presented the new edition of the "Italian Cruise Watch" report.
Quarterly freight traffic growth at the port of Barcelona. Declining in Algeciras.
Barcelona/Algeciras
In the period July-September, percentage variations of +1.8% and -4.1% respectively were recorded
Fincantieri launches the first integrated underwater drone system
Trieste
Tested at the Naval Support and Experimentation Center in La Spezia
Filt Cgil: The method adopted to define the port reform is unacceptable.
Rome
The union denounces the lack of involvement of workers' representatives and the lack of prior consultation.
General Assembly of Logistics: Northwest Alliance Renewed
Turin
Liguria, Lombardy, and Piedmont Regions, MIT, RFI, and Ferrovienord Sign Agreement
Konecranes reports quarterly revenue decline while orders rise.
Helsinki
In the period July-September, orders acquired for 1.15 billion euros (+20.1%)
GNV has taken delivery of the new ro-pax GNV Virgo in China
Genoa
It is the first ship powered by liquefied natural gas in the company's fleet.
A new maritime service for rolling stock to North Africa is underway at the Vado Ligure Reefer Terminal.
Vado Ligure
Connection with the Libyan port of Misurata
Grimaldi and China Merchants Shenzhen RoRo Shipping sign cooperation agreement
Naples
Expected to offer greater capacity and a broader and more efficient service network to support Chinese exports
The 2026 budget forecast and the POT of the Port System Authority of the Southern Tyrrhenian and Ionian Seas have been adopted.
Gioia Tauro
Piacenza: Cold ironing is also important to avoid having to face significant fines.
The Port of La Spezia has completed its first cold ironing tests at Molo Garibaldi.
La Spezia
The transformation cabin at the dock has been connected to the cruise ship "MSC Seaview"
Global Ports Holding has signed a contract to manage the Casablanca cruise terminal.
Istanbul
15-year agreement with option for a 20-year extension
A conference on e-commerce returns at LIUC
Castellanza
In the fashion sector they represent over 30% of online orders in Europe
Fincantieri and Defcomm sign agreement for the development of surface drones.
Trieste
Co-investment to accelerate its industrialization
Australian Scott McKay is the new president of the International Cargo Handling Association.
London
He took over from John Beckett
Container traffic in the port of Valencia fell by 11.6% in September.
Valencia
In the third quarter of 2025, overall freight traffic decreased by -3.2%
Container traffic at the Port of Long Beach increased by 0.7% in the third quarter.
Long Beach
Empty spaces are rising. Full capacity at boarding and disembarking is down 1.0% and 8.5% respectively.
Piacenza: The port of Gioia Tauro aims to handle seven million containers by 2029.
Genoa
Transhipment - he underlined - represents an essential gateway for international goods into the national market.
Arkas Line's new direct service connects the Eastern Mediterranean and Italy with West Africa.
Izmir
It will be held on a weekly basis
Assocostieri urges revitalization of the national bunkering sector
Genoa
Among the proposals, making it possible to use barges as floating storage facilities for alternative fuels
The Ministry of Transport has requested an agreement for Consalvo to become president of the Eastern Adriatic Port Authority.
Rome/Trieste
Fedriga: The Friuli Venezia Giulia Region will express its agreement
Federmar-Cisal proposes a new distribution of the tonnage tax benefits
Rome
Pico: For maritime personnel, financial recognition is not always proportionate to the essential role they play
P&O Maritime Logistics completes acquisition of controlling stake in NovaAlgoma Cement Carriers
Lugano
Obtained the necessary regulatory approvals
Fatal accident in the port of Ravenna
Ravenna
A 67-year-old truck driver lost his life at the Sapir terminal.
A Norwegian delegation visits the Northern Tyrrhenian Port Authority
Livorno
ABB's quarterly financial performance shows sharp growth
Zurich
In the period July-September the value of new orders increased by +11.6%
Fratelli Neri buys two tugboats produced by Egypt's Misr Tugboats Factory
Ismailia
They will be taken into delivery in the first quarter of 2026
COSCO Shipping Ports Sets New Quarterly Container Traffic Record
Hong Kong
In the period July-September, 29.8 million TEUs were handled (+3.6%)
Container traffic in the port of Hong Kong fell by -9.2% in the third quarter
Hong Kong
A 16.3% drop was recorded in September
Port of Civitavecchia appoints members of the Marine Resources Partnership Body
Civitavecchia
He will remain in office for four years
New quarterly record for container traffic handled by CMPort port terminals
Hong Kong
New highs recorded both in China and at overseas ports
CMA CGM to order six feeder containerships from Cochin Shipyard
Kochi
Order worth approximately 300 million dollars
Efficient solutions for the port launching of floating wind turbines are being studied in France
Trondheim/Brest
Agreement between the Norwegian BOA and the port of Brest
Augusta Due has acquired a second new tanker built by Fujian Southeast Shipbuilding Co.
Rome
It has a capacity of 18,590 deadweight tons.
IRU, CLECAT, ESC and GCCA oppose binding targets for demand for zero-emission trucks
Brussels
They ask to focus instead on creating favorable conditions for operators to be able to use them.
Marialaura Dell'Abate is the new president of Confitarma's Young Shipowners' Group.
Rome
In the third quarter, cargo traffic in Russian ports grew by +4%
St. Petersburg
Only import loads are decreasing
Matteo Caiti appointed country manager for Italy at Forto
Milan
The goal is to consolidate growth on the Italian market
DP World to build and operate multimodal terminal in Uzbekistan
Dubai
Joint venture with Tashkent Invest
Applications for rail freight transport incentives are now open.
Rome
From today the requests to access the Ferrobonus
Confitarma welcomes Senate approval of simplification measures for the maritime transport sector.
Rome
A rapid approval in the Chamber is also hoped for
The maritime, port and logistics sector asks the Ministry of Transport for clarification on the regulation on waiting times for loading and unloading goods
Rome
A dialogue was called to determine the identification of correct application indications of the law
Four icebreakers for the U.S. Coast Guard will be built in Finland.
Washington
Agreement signed by Presidents Donald Trump and Alexander Stubb
PSA International wins the "Best Singapore Investor in Italy" award.
Genoa
It was awarded by the Italian Chamber of Commerce in Singapore
The Italian Navy's Olterra ship was launched in Genoa.
Genoa
It is the first military project built by the T. Mariotti shipyard
The first ferry owned by the Sicilian Region launched in Palermo
Palermo
Folgiero: Revitalization of the Sicilian shipyard as part of Fincantieri's new industrial plan
In the third quarter, containers carried by OOCL vessels increased by +0.7%
Hong Kong
Accentuation of the reduction in revenues which fell by -25.9%
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 National Maritime Fund has organised a meeting with the ITS Mare and the maritime training centres
Conference on the culture of prevention in the Italian logistics supply chain
Rome
Organized by Sanilog, it will be held on November 13th in Rome
››› Meetings File
PRESS REVIEW
Foreign firms to operate 3 terminals under Ctg Port for up to 30 years; deals by December
(The Business Standard)
We'II Rebuild Apapa, Tin-Can Ports In 48 Months - Dantsoho
(Leadership)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Assologistica approves new rules on pallet exchange
Rome
Approved by the Senate, the text moves to the Chamber of Deputies
Offshore wind farm in the port of Augusta ready in two or three years
Palermo
Di Sarcina: We are confident in a rapid allocation of the planned resources, amounting to approximately 50 million euros.
In the Netherlands, a self-driving vessel has been authorised to sail outside a restricted area.
Rotterdam
German company Helsing acquires Blue Ocean Monitoring
London
Australian company builds self-driving submarines
The decree designating the port of Taranto as a national offshore wind hub has been made official.
Taranto
Gugliotti: Unlock resources for modernizing and upgrading port areas
One of two injured sailors from vessel attacked in Gulf of Aden dies
Amsterdam/London
Dominquez (IMO): Strong condemnation of any type of attack against ships
Salvini met with the deputy CEO of the Turkish terminal operator Yilport.
Rome
At the centre of the meeting was the dredging of the port of Taranto.
The Logistics & Sea Academy has equipped itself with new simulators for operating ships, tugboats, trains and port cranes
Venice
Investment of four million euros
Giovanni Punzo, founder and president of CIS - Interporto Campano for thirty years, has died.
Nola
Among the founders of Italo, the first private Italian operator on the high-speed rail network
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
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