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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
Federagenti: Strategic port construction is behind schedule everywhere.
Genoa
Pessina asks to know the "real time" of the progress of the infrastructure
Metrans (HHLA Group) to acquire 50% of the Romanian intermodal terminal in Arad
Hamburg
The company will operate up to three trains per week between Budapest and Arad
From May 1st, the EU-Mercosur agreement will be applied provisionally.
Brussels
Sefcovic: an important step in demonstrating our credibility as a major trading partner
German shipowners propose service on merchant ships as an alternative to military service
Hamburg
Kröger: A resilient nation needs not only soldiers, but also seafarers who ensure supplies.
ICTSI and DP World sell their stakes in China's Yantai International Container Terminal
Manila
The company will become wholly owned by Yantai Port Holdings
Chinese group CSSC will build two more cruise ships for Adora Cruises
Shanghai
Option for a third vessel. The "Adora Flora City" launches today.
In the fourth quarter of 2025, freight traffic in the port of Palermo decreased by -9.6%
Palermo
Cruise passengers down by -18.7%
IMO Council resolves to establish a safe corridor in the Strait of Hormuz, but by "peaceful means and on a voluntary basis"
London
Dominguez: Concrete action is needed from all countries and stakeholders
COSCO Shipping Holdings' revenues fell by 12.2% in the last quarter of 2025.
Hong Kong
Containerized volumes transported by the fleet grew by +5.1%
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
Geneva
Economists at the World Trade Organization foresee two scenarios
In 2025, CK Hutchison terminals handled a record 90.1 million containers (+3%)
Hong Kong
The president of the Chinese group confirms the difficulty of negotiations to sell a large part of the port portfolio to MSC and BlackRock
Assiterminal expresses concern over the impact of the Middle East crisis on port terminal activity.
Genoa
Ferrari: the cruise sector also involved
Two more ships were hit by shells in the Strait of Hormuz region
London/Southampton
Incidents near the coasts of the United Arab Emirates and Qatar
MSC and Ga-Hyun Chung announce joint control of Sinokor
Athens/Nicosia
Proposal to establish a safe maritime corridor to evacuate ships stranded in the Persian Gulf
London
It has been put forward by Bahrain, the United Arab Emirates, Japan, Mexico, Panama and Singapore
Dominguez calls on the IMO Council to conduct informal deliberations and define practical measures to resolve the Hormuz crisis.
London
From the statements presented, it is unlikely that anything more than declarations of principle will be made.
To respond to geopolitical shocks, shipping must have reliable operational data
London/Rotterdam
Lloyd's Register, OneOcean and PortXchange discuss digitalization and artificial intelligence in the sector
China's COSCO Shipping Ports' profit and loss account weighs on rising operating costs.
Hong Kong
Revenue reached a record high of nearly $1.7 billion last year.
Tanker hit near Strait of Hormuz
Portsmouth
A bullet caused minor damage. The crew was unharmed.
Sharp increase in transshipment containers in the port of Barcelona
Barcelona
In February, overall freight traffic increased by +8.1%
PPC denounces that the Republic of Panama is delaying the arbitration at the ICC
Panama
The Chinese company continues to reiterate the illegality of the seizure of the Balboa and Cristóbal port terminals
Alessandro Becce is the new Secretary General of the Sardinian Sea Port Authority.
Cagliari
Bagalà: EU ETS application for major and minor islands must be cancelled
Operation Aspides' mandate will not be extended to the Strait of Hormuz at this time.
Brussels
This was announced by the High Representative of the European Union for Foreign Affairs, Kaja Kallas.
Greece and Italy reject the extension of Operation Aspides to the Strait of Hormuz.
The ships of the two nations constitute the naval force of the European mission
Freewheels: The government has broken its promise regarding fuel taxes.
Modena
Franchini: Continuing to treat road haulage like a tax cash machine is simply irresponsible.
Pessina (Federagenti): Shipping will also overcome the Strait of Hormuz crisis.
Genoa
We hope - he specified - that we will soon move in the direction of a progressive normalization.
Israel's eastern Mediterranean coast has been designated a high-risk area for the safety of ships and crews.
London
Resolution of the International Bargaining Forum
Evergreen Marine Corporation's revenues decreased by 26.0% in the fourth quarter of 2025.
Taipei
Quarterly net profit down 71.8%
EU Commission and EIB support for investment projects in small and medium-sized ports
In the second half of 2025, OOIL's revenues decreased by -20.0%
Hong Kong
Net profit down 67.9%
In transalpine freight transport through Switzerland, rail is losing further market share to road transport
Bern
Dramatic development - a report underlines - from the point of view of Swiss modal shift policies
An extraordinary IMO council will be held on 18 and 19 March to discuss the situation in the Middle East.
London
As of yesterday, the attacks on ships have resulted in the death of eight sailors and the wounding of ten, in addition to three missing.
In 2025, combined road/rail traffic handled by Hupac grew by +4.3%
Noise
The need to extend the application of contributions to transalpine combined transport beyond 2030 was reaffirmed.
Yang Ming to order six new 13,000 TEU dual-fuel LNG containerships
Keelung
The fourth quarter of 2025 was closed with a net profit down by -81.2%
The resumption of shipping traffic through Suez does not appear to be affected by the blockade in the Strait of Hormuz
Cairo/Southampton/Washington/Genoa
While ships increased by 1.9% in January, growth in the canal has since been more sustained. War material seized in the port of Genoa.
US prepares to attack Iranian ports
Tampa/Muscat
Centcom warns civilians to immediately avoid all port facilities. Drones over the port of Salalah.
MSC to build container terminal at Snake Island Port in Lagos
Geneva
45-year concession agreement with Nigerdock
Attacks on ships in the Strait of Hormuz resume
Southampton/Geneva
A container ship was damaged. A fire broke out on another vessel. UNCTAD raised alarm over the effects of the disruption to maritime traffic in the region.
Three crew members of a bulk carrier stricken in the Strait of Hormuz are missing.
Bangkok
Twenty seafarers were disembarked in Oman
ONE's stake in Poseidon (Seaspan Corporation) will rise to 48.9%
Singapore/Toronto
Investment worth $1.07 billion
FS Logistix and Grimaldi Euromed sign agreement to develop integrated sea-rail transport solutions.
Verona
Confitarma requests the possible deployment of Italian Navy units to the Persian Gulf and Strait of Hormuz area.
Rome
Zanetti: A concrete sign of attention to protecting the country's strategic interests.
Scotland debates taxing cruise ships
Three fifths of those interviewed said they were in favour of granting local authorities the power to introduce a tax
Last year, freight traffic in German ports amounted to 284.4 million tonnes (+3.8%).
Wiesbaden
Imports increased by +5.3%
In January, freight traffic in the ports of Genoa and Savona-Vado Ligure fell by -4.9%.
Genoa/Ravenna
A growth of +12.5% was recorded in the port of Ravenna
In 2025, ZIM's revenues fell by -18.1%
In 2025, ZIM's revenues fell by -18.1%
Haifa
The decline was more pronounced in the fourth quarter (-31.5%). Glickman: the merger with Hapag-Lloyd is very positive for shareholders.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Bremen
In the fourth quarter alone, growth was +5.4%, with container loads increasing by 11.8%.
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
La Spezia
At the port of Marina di Carrara, traffic was 4.8 million tonnes (-0.7%)
PPC and CK Hutchison warn that they will assert all their rights and seek full compensation from Panama
Hong Kong
In 2025, the PSA terminal operator group recorded record revenues
Singapore
Operating profit up 19.0% and net profit up 0.5%
In 2025, the CMA CGM group's shareholder profit fell by -58.1%.
Marseille
Revenues down -2.0% (-5.2% in the fourth quarter alone)
2025 was Global Ship Lease's best year yet
Athens
Positive trend also in the fourth quarter
In the fourth quarter of 2025, freight traffic in the ports of Naples and Salerno grew by +2.0%
Naples
The -1.0% decline recorded at the regional capital's airport was more than offset by the +6.3% growth in Salerno
The Maritime Federation fully endorses the new EU strategies for the maritime and port sectors
Rome
Mattili: We are available to contribute to the EU Industrial Maritime Value Chains Alliance.
CK Hutchison announces it has intensified legal action against the Republic of Panama.
Hong Kong
Addendum to the Notice of Dispute filed with the ICC
Global Ports Holding's cruise terminals see record traffic
Istanbul
Last year there were 18.1 million passengers (+8.5%)
Interferry: The EU Commission's path to ferry decarbonization is the right one.
Victoria
Roos: It is good to recommend that ETS funds be used exactly where they are collected.
CLECAT promotes the EU strategy for the European maritime, port and logistics system
Brussels
Emphasis is also placed on the need to prevent integrated operators from limiting competitors' access to infrastructure, services or customers.
ESPO approves new EU Port Strategy
Brussels
Among the most appreciated elements, the commitment to implement a review of the EU ETS and the FuelEU Maritime Regulation
Tanker hit near Kuwait coast
Southampton/Kuwait City
A shell also hit a container ship in the Strait of Hormuz
European shipowners and shipbuilders applaud the EU's strategy for the sector. German port operators are less convinced by the proposal.
Brussels/Rome/Hamburg
WSC welcomes the strategies for the maritime industry and ports proposed by the European Commission
Washington
However, according to the association, they are not sufficiently attentive to the simplification of trade exchanges.
The European Commission presents two strategies to promote the competitiveness, sustainability, safety and resilience of EU ports, maritime transport and shipbuilding.
Brussels
A high-level council will be established
Explosions and a fire on a Russian ship that sank near Libya
Moscow/Tripoli
In December, Ukraine claimed responsibility for an attack on a Russian oil tanker in the same region.
Attacks on ships in the Strait of Hormuz region continue
Southampton/Battaramulla
Three naval vessels reported shellfire and damage. An Iranian frigate was hit in Sri Lanka.
Viking orders two new expedition cruise ships from Fincantieri and secures an option for two ocean-going vessels
Trieste
The value of the agreements exceeds two billion euros
Container traffic at the Maltese port of Marsaxlokk remained stable in 2025
Kalafrana/Hong Kong
China's CMPort has signed a 70% stake in Brazil's Vast Infraestrutura oil terminal.
T&E: Over half of European ferries could become electric by 2035
T&E: Over half of European ferries could become electric by 2035
Brussels
Klann: Electric ferries are already cheaper on many routes and will become even cheaper in the coming years.
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
London
The area may soon be transitioned to a Warlike Operations Area.
Nautilus International urges States and shipping operators to ensure the safety and rights of seafarers
London/Brussels
The International Trade Union Confederation urges an immediate ceasefire by all parties
Strait of Hormuz: A sailor from a ship attacked by a drone vessel dies.
Muscat
Twenty-one crew members were evacuated
Norwegian Cruise Line Holdings closes a record 2025, but faces challenges with non-operating costs.
Miami
The war crisis in the Middle East also affects ports
Dubai/Muscat/Washington
Kramek (WSC): Liner shipping has demonstrated its ability to react to emergency situations, such as the one in the Red Sea
ICS, ECSA and ASA concerned about seafarers' safety in the Middle East
London/Brussels/Singapore
This is - they underlined - a rapidly evolving and unpredictable situation.
Hapag-Lloyd and Maersk were the first to sense trouble in the Middle East. A tanker sanctioned by the US was hit.
Hamburg/Copenhagen/Southampton/
Washington/Muscat
On Friday, the two companies notified customers of changes to their services in the region. Four Skylight crew members were injured.
European list of ship recycling facilities updated
Brussels
Including for the first time a German shipyard, that of Emden
Confitarma urges the EU to strengthen the attractiveness of its maritime flags
Rome
An arbitration worth over $1.5 billion will resolve the dispute between PPC and the Republic of Panama.
Panama
Procedure at the International Chamber of Commerce in New York
Tender for the multipurpose terminal at the Príncep d'Espanya pier in the port of Barcelona
Barcelona
The concession contract will have a duration of 16 years
Fincantieri and Navantia agree to jointly coordinate and execute the European Patrol Corvette project.
Sad/Madrid
In 2025, the port of Rotterdam handled 14.2 million containers (+3.1%)
In 2025, the port of Rotterdam handled 14.2 million containers (+3.1%)
Rotterdam
In the fourth quarter alone, containers amounted to 3.5 million TEUs (+3%)
PSA announces a billion-dollar investment plan in the port of Genoa
PSA announces a billion-dollar investment plan in the port of Genoa
Rome/Singapore
The first phase focuses on the technological implementation and infrastructural adaptation of the PSA Genova Pra' terminal.
Prologis and Singapore's GIC to form joint venture to invest $1.6 billion in new fulfillment centers in the U.S.
San Francisco/Singapore
The initial portfolio is approximately 380 thousand square meters
The Management Committee of the Port Authority of Genoa and Savona-Vado has taken note of the framework agreement with PSA
Genoa
The update of the Integrated Activity and Organization Plan has been approved.
Hanwha Ocean and ONEX Sign Naval Shipbuilding Agreement
Seoul/Eleusis
The first project in sight is submarines for the Greek Navy
The Antitrust Authority has not opened an investigation into CEVA Logistics' acquisition of the Fagioli group.
Rome
The AGCM believes that the operation will not impede competition or create a dominant position
Singapore's ONE acquires stake in Dongwon Pusan Container Terminal
Singapore
The company operates at the Gammam and Singamman docks of the Port of Busan
EIB finances shore power installation in Rotterdam port
Rotterdam
A loan of 90 million euros has been granted
High-tech exoskeletons to ease the burden on dockworkers in the Port of Livorno.
Livorno
Experiment in collaboration with the Livorno Port Company
Salvatore Lauro, a shipowner from Campania, died yesterday in Ischia.
Naples
He was a senator of the Republic from 1996 to 2005
APM Terminals acquires 49% stake in Vietnam's Hateco Hai Phong International Container Terminal
The Hague/Hanoi
Third phase of construction of Mexico's Lázaro Cárdenas terminal begins
FedEx revenues increased by 8.3% in the December-February quarter
Memphis
Quarterly net income was $1.06 billion (+16.2%)
London pledges £746 million to renovate Nigeria's two ports, Apapa and Tin Can Island, in Lagos.
London
Agreement between UK Export Finance and the Nigerian Ports Authority
Fabrizio Urbani is the new secretary general of the Port Authority of the Central-Northern Tyrrhenian Sea.
Civitavecchia
Unanimous resolution of the Management Committee
In the fourth quarter of 2025, French ports handled 74.2 million tonnes of goods (+7.2%)
La Defense
UNI/Fermerci reference practices on staff training presented at MIT
Rome
The Council of State has rejected the relocation of Genoa's chemical warehouses.
Rome/Genoa
The AdSP declares itself ready for a technical discussion within the framework of a specific initiative by the municipal administration
FS Logistix and Nurminen Logistics inaugurate a new weekly rail service between Sweden and Italy
Rome
2,500 kilometer route
Hapag-Lloyd signs maritime cooperation agreement with Indian government
Hamburg
Plans to bring ships under the Indian flag and collaborate in the development of ship recycling and Vadhavan port
A project for the digital transformation and technological development of the port of Gioia Tauro has been funded.
Gioia Tauro
Resources worth almost two million euros for the Port Authority of the Southern Tyrrhenian and Ionian Seas
Keel-laying and coin-laying ceremony for a new ferry under construction for ACTV
Piombino
It took place in the Piombino Industrie Marittime shipyard
Touax Container Services increased container sales by 36% in 2025
Paris
Revenues decreased by -5% in the year
In 2024, international seaborne freight traffic reached a record 24.1 billion tonnes
Geneva
New historic peak in dry cargo
Medlog (MSC Group) will acquire the remaining 29% of MVN from Logistics Project Italia
Rome
The operation has been notified to the Antitrust Authority
Greek group Attica Holdings continues its fleet renewal plan
Athens
Purchase of two catamarans for €15 million. Long-term lease of the "GNV Bridge" ferry.
Germany's Arvato has acquired Canada's THINK Logistics
Mississauga/Gütersloh
The company, founded in 2012, is headquartered in Mississauga, Ontario.
Two new state-of-the-art ship-to-shore cranes have arrived at the PSA SECH terminal.
Genoa
They will be operational from June
Banco BPM's €55 million financing to Grimaldi Euromed
Naples/Milan
Partially covers the purchase of the new ship "Grande Inghilterra"
Stolt-Nielsen sells 50% of Avenir LNG to NYK Line
Oslo/Tokyo
The company operates in the liquefied natural gas bunkering sector
Only 7% of the workers in the port companies and terminals of La Spezia and Marina di Carrara are women
La Spezia
Costa cancels cruises originally scheduled to sail to the Middle East
Genoa
The company currently has no vessels operating in the region.
In 2025, d'Amico International Shipping's time charter revenues decreased by -29.0%.
Luxembourg
Fourth quarter decline eases
NYK to become sole owner of Norway's Saga Welco
Tokyo/Tønsberg
The Tønsberg company has a fleet of 48 open-hatch vessels
Grimaldi Group's Valencia Terminal Europa will manage the new car terminal at the port of Sagunto.
Valencia
Grimaldi has taken delivery of the new PCTC Grande Seoul
Naples
It is the ninth ammonia-ready unit of the Neapolitan shipping group
The Cagliari-Algeria service operated by Maersk and Grendi will soon dock at the Giammoro di Milazzo pier.
Messina
It will be held on a weekly basis
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Falteri (Federlogistica): The consequences of the war in Iran are only in their infancy.
Genoa
There is a dramatic congestion of perishable products in the hub airports of the Gulf, he underlined.
DP World reported record annual operating and financial results
Dubai
In 2025, container traffic increased by +5.8% and revenues by +22.0%
Two additional new Medium Range 2 tankers for d'Amico Tankers
Luxembourg
Exercised options with Chinese shipyard Jiangsu New Yangzi Shipbuilding Co.
Japan's MOL has acquired 25% of V.Ships France
Tokyo/London
The remaining 75% of the capital remains with V.Ships
ICTSI reports record annual and quarterly financial and operating performance
Manila
Last year the group's port terminals handled 14.5 million containers (+11.0%)
Wan Hai Lines' revenue decreased by 13.3% in 2025
Taipei
The company will buy four new 6,000 TEU container ships and two 9,200 TEU container ships.
Observatory on the presence of women in the blue economy sector
Milan
Initiative by WISTA Italy and the Maritime Federation
The first train will depart from the Pordenone Interport on April 2nd.
Pordenone
Ausserdorfer (InRail): We have already received new requests and contracts to increase connections
Triple ceremony for Explora Journeys at Fincantieri's Sestri Ponente shipyard
Genoa
Technical launch of "Explora IV", coin ceremony of "Explora V" and start of construction of "Explora VI"
The Propeller Club of the Ports of La Spezia and Marina di Carrara has renewed its board of directors.
La Spezia
Gianluca Agostinelli and Federica Maggiani confirmed as president and vice president
The Tunisian government decides to start construction of the port of Enfidha
Tunis
52,000 jobs expected to be created
Hundreds of containers of temperature-controlled plant-based food products are held up in the port of Genoa.
Genoa
Spediporto reports it
The La Spezia Freight Forwarders Association has established a terminal freight forwarder section.
La Spezia
The aim is to strengthen the representation and enhance the value of inland logistics.
FHP Intermodal launches rail service from northern Italy to Bari and Catania
Foggia
Initially, two pairs of trains are scheduled to depart per week.
Managing maritime shipments in a scenario made extremely complex by the crisis in the Middle East
Genoa
Botta (Spediporto) and lawyer Guidi suggest how to handle difficulties
The new Norwegian Luna cruise ship will be delivered in Marghera.
Trieste
It is the second unit of the "Prima Plus" class built by Fincantieri
Assiterminal: The EU's port strategy is a success.
Genoa/Brussels
Seas At Risk, One Planet Port, and IFAW are concerned about the proposed regulation's reference to expediting environmental impact assessments.
The first electrical cabin dedicated to the cold ironing system has been completed in the port of Gioia Tauro.
Gioia Tauro
In April, the first connection of a container ship to a mobile socket
Konecranes revenues remained stable in 2025
Helsinki
The value of new orders grew by +9.7%, with a +21.3% for port vehicles
Finnlines' net profit increased by 50.7% in 2025
Helsinki
Revenues up 2.0%
Ravenna has been designated Capital of the Sea 2026
Rome
Petri (Assoporti): its port is a strategic hub for the national economy
Large shipment of ammunition and detonators seized in the port of Ancona
Ancona
He was about to be embarked on a ferry intended for the exclusive transport of passengers
2025 record for the American cruise group Viking Holdings
Los Angeles
Revenues grew by +21.9%
UECC has ordered China Merchants Jinling to build two PCTCs
Oslo
They will have a capacity of 3,000 CEUs and will be taken into delivery in 2028.
Kuehne+Nagel plans more significant staff cuts
Schindellegi
Worsening economic results in the fourth quarter of 2025
Public notice from the Northern Tyrrhenian Sea Port Authority to select the new Secretary General
Livorno
The procedure is not competitive in nature and no selection process is foreseen.
KKCG Maritime publishes a partial tender offer to increase its stake in Ferretti from 14.5% to 29.9%.
Milan/Hong Kong/Prague
The offer is not aimed at delisting the shares
Norovirus outbreak on second Holland America Line cruise ship
Hong Kong
65 passengers and 11 crew members of the "Westerdam" were injured.
SOS LOGistica, allocating only 10% of the €590 million for road transport to zero-emission vehicles is self-destructive.
Rome/Milan
Texts: talking today about a heavy BEV market that "takes off" remains a mirage
The first U212NFS submarine is being laid down at Fincantieri's Muggiano shipyard.
Trieste
The delivery of the first unit is scheduled for 2029
A new tender has been published for railway shunting in the ports of Savona and Vado Ligure.
Genoa
The tender base amount is 14.8 million euros
China's LC Logistics orders two new 11,000-TEU containerships
Hong Kong
Order with a total value of 236 million dollars
Palumbo Superyachts to build new metal shipbuilding hub in Ortona
Ortona
Concession area in the Abruzzo port
Kuehne+Nagel acquires the road transport business of German firm Lohmöller
Schindellegi
In 2024 they had generated a turnover of approximately 23.5 million euros
Rolls-Royce posts record annual financial performance
London
Revenues increased by 12.2% last year
Fincantieri delivered the ultra-luxury cruise yacht Four Seasons I in Ancona
Trieste
The Navis Sapiens program also debuts with the ship
Nearly 12 million tonnes of CO2 avoided in 2025 for vessels coated with Jotun products
Muggia
Estimated fuel cost savings of approximately $2 billion
In 2025, intermodal traffic handled by Interporto Padova amounted to 381,031 TEUs (-7.5%)
Padua
Record production value recorded
In 2025, the Nola interport handled 2,000 trains
Nola
A 50% increase is expected in 2026
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
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
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
››› Meetings File
PRESS REVIEW
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
Russian shipbuilding holding USC designing high ice-class container ship for Rosatom for Northern Sea Route
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.
Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port
Geneva
It occupies an area of over 100 thousand square meters
Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics
Rome
Monthly gross earnings increase at 750 Euros in three tranche
Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management
Sydney
It was unanimously approved by the Australian logistic group Cda
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
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