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Independent journal on economy and transport policy
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BRIEFS
July 22, 2011
The Business Timesweb site
Shipping News
  • Panamax rates to rebound slightly next week
    Rates for panamax dry bulk carriers on key Asian freight routes are expected to rebound slightly over the next week as intra-Asia coal activity drives a short-term recovery.
  • Giant iron ore carrier will go to China: Vale
    Vale SA, the Brazilian miner building a fleet of the world's largest iron-ore carriers, said the first of its new vessels will go to China after being diverted to Italy on its maiden voyage.

Sched Netweb site
  • Maersk delays Far East-US east coast peak season surcharge until August
  • NYK upgrades SWAX loop with new partners, adds Xiamen, Port Kelang calls
  • 'K' Line launches weekly West Africa Express service with Singapore call
  • Reefer trucks exempted from US$41 Hong Kong 3-minute vehicle idling fines
  • China opposes UN environmental rules compelling use of bigger, slower ships
  • Fesco increases container volume 46pc to 214,000 TEU in first half
  • APL imposes congestion surcharge at Mumbai's Nhava Sheva terminal
  • CSCL assigns its 14,074-TEU newbuilding to Asia-Europe trade lane
  • Zhongshan river port to build five 5,000-tonne berths
  • Guangzhou and Yingkou sign inter-port cooperation agreement
  • China earmarks more than US$21.6 billion for transport infrastructure
  • Matson rebrands, combining its three logistics divisions into one
  • Fedex Trade Networks now offers three distinct ocean freight services
  • DHL offers Shanghai to Seattle direct less-than-container loads
  • US container barge shipping 'needs federal backing' to make modal shift
  • 'K' Line's maritime academy Tokyo session deals with sensing danger
  • BMI: Chinese railways stand to take market share from air cargo carriers
  • IATA confidence survey shows widespread belief a recovery is ahead
  • Hainan Airlines enters Turkish cargo market with Istanbul's ACT Airlines
  • Turkish Cargo provides weekly Istanbul-Budapest air freighter service

Exim Indiaweb site
  • China prohibits foreign lines from offering cross-strait shipping from next year
  • Drewry & Cleartrades container index to launch in September
  • EU proposes steep maximum sulphur limit cuts for shipping
  • Private equity emerging as an option in shipping
  • South Korean yards secure most shipbuilding orders in H1 2011
  • Cashew exports plunge due to growing domestic demand
  • Fieo welcomes move to permit rice exports
  • Govt does a volte-face on wheat exports
  • JNPT invites consultancy proposals for fifth box terminal
  • Tender for Diamond Harbour box terminal to be issued today
  • Govt cuts GDP growth projection to 8.6 pc for FY12
  • EEPC India organising seminar on doing business with Canada in Ahmedabad

Marine Logweb site
JULY 21, 2011
  • Aegean Marine Petroleum launches physical supply ops in Panama
  • Petrobras oil and gas output increases over last year
  • Drydocks World delivers anchor handler
  • Court approves sale of Davie Yards' assets to Upper Lakes Group
  • Port state control authorities plan crackdown on ships' structural safety
  • Polarcus secures $410 million bank facility

World Wide Shipperweb site
JULY 21, 2011
  • Port of Tacoma celebrates opening of Hylebos Creek habitat area
  • Carriers plan service upgrade for West Africa express run
  • Change of command tomorrow for Coast Guard Air Station North Bend
  • Genco Shipping & Trading adds Handysize vessel to fleet
  • Panama Canal Authority inks new MOU with Port Tampa

Lloyd's Listweb site
JULY 21, 2011
  • Political tension keeps Asia's anti-piracy efforts on back burner
    Shift from robbery to vessel hijackings is rising in South China Sea but international disputes could see owners and operators without adequate naval support
  • Middle East-Japan naphtha arbitrage window pushes up LR tanker demand
    Time charter equivalent earnings for long range tankers shipping Middle Eastern naphtha to Asia have pushed up this week as the cost of importing the product into Japan dropped lower than the domestic price, spurring greater demand for product tankers to ship the cargo to the Pacific trading region
  • IEA opts not to go ahead with additional stocks release
    The 60m barrels let into the market in June have been sufficient to fill the gap created by Libyan oil disruption, according to the energy agency
  • Chinese coal import volumes fall by 12%
    Chinese coal import volumes were down almost 12% in the first half of 2011 compared to the same period of last year, with a total 70.5m tonnes taken in by the commodity-hungry Asian country between January and June
  • Venezuelan crude up 80%
    China's imports of Venezuelan crude oil rocketed 80% in the first half of 2011 to hit 6.4m tonnes, making it the Asian country's fifth-largest source of crude this year and providing greater numbers of longhaul tanker voyages
  • DP World targets Africa growth
    Port operator aims to build long-term 'win-win' partnerships with governments
  • Africa emerges as a magnet for investment
    Development of infrastructure and gateway ports will boost intra-Africa business
  • BHP's Petrohawk deal demonstrates major interest in North American shale
    There is still no explicit link to the theme of the US as a gas exporter, but in Canada the picture is much clearer
  • Pacific Drilling seals Total Nigeria contract
    Letter of award for drillship Pacific Scirocco is converted into one-year deal with optional periods stetching four years out
  • Equipment choice pays off for drillship operators
    In the wake of the Macondo oil spill, high-specification credentials have become an important differentiator
  • Feeder operators furious at Hong Kong port congestion
    Government and terminal operators asked to intervene over delays lasting up to a week
  • Hansa Heavy Lift already looking for acquisitions
    Survivor from the ashes of crashed Beluga says it is financially stronger than rivals
  • Nato rejected plea for extra counterpiracy ships, says Mitropoulos
    Outgoing IMO secretary-general reviews first six months of action plan to tackle pirate menace
  • Eredene's India box hub 'will open' in 2013 despite debt finance delays
    Negotiations with bank taking longer due to tighter credit conditions, says chief executive
  • Central America could rival China as trade powerhouse
    Opening of the Panama Canal's third set of locks in 2014 likely to shake up shipping and freight distribution service patterns
  • Hands off our ports
    Consultation on the new sale guidelines for major trust ports in the UK has closed. A 'hands off' approach from government could enable the private sector to boost productivity in this vital sector
  • Grimaldi appeals to Brussels over mystery Tunis delays
    Ro-ro operator rejigs calls of new freight service at 'congested' port
  • International Group approved security providers lists do not exist
    IG is reviewing maritime security contracts to check that the terms of such contracts do not infringe or potentially infringe cover or the entitlement to pool claims
  • Hot air about hurricanes will not save product tanker owners
    Hopes of a boost for European gasoline exports to the US look misplaced
  • Cruise lobby warns Greece to sort out industrial strife
    Seafarers could follow taxi drivers in visiting misery on passengers, jeopardising country's cruise hub ambitions
  • Rosalie Balkin to be IMO deputy
    Director of legal affairs to be officially appointment tomorrow
  • Norway's legal framework
    Norwegian owners now know exactly where they stand if they wish to defend themselves against piracy
  • One system, two countries
    The long-term solutions to the challenges facing Hong Kong's port operators will ultimately require government involvement
  • German owners step up pressure for armed piracy protection
    Protection of crew members on German vessels is a state matter, says shipowners' association
  • Are you going to win at Asia's most prestigious shipping awards?
    Lloyd's List Awards Asia 2011
  • Keppel Offshore & Marine first-half profits rise
    Rig builder pulls in record $6.1bn in new orders and says FPSO vessels to be growth driver
  • Aegean to buy back up to 2m shares
    Move underlines 'strong confidence' after bunkering specialist sees stock price fall
  • Nautilus puts seal on IPO
    Blank cheque company has 19 months to cement transaction after raising $48m in 'very tough' conditions for shipping listings

Fairplayweb site
JULY 21, 2011
  • IEA fallout extended
    THE IEA disclosed today that only a small fraction of its emergency oil release has actually hit the market, suggesting that negative impact on tanker rates has just begun
  • Rig unit boosts Keppel
    SINGAPORE's Keppel said today the corporation's net profits for 2Q2011 were S$425.23M ($350.42M), down 2.6% year on year
  • Mariners say EC study failed
    AN EC-appointed panel was accused today of lacking the resolve to propose substantive solutions to Europe's shortage of skilled seafarers
  • Argentine citrus cleared to China
    ARGENTINA'S citrus sector has gained shipping access to China through its southern ports because of a new trade accords, IHS Global Insight reported today
  • Strife knocked Le Havre's cargo figures
    LE HAVRE'S first-half box throughput sank 12.8% year on year as the port suffered a sharp transhipment drop
  • India to aid Lanka port repair
    INDIA'S government has pledged grants and soft loans to rebuild Sri Lanka's northern Kankesanturai port, which was damaged during the civil war
  • Lim: go big, get stuck
    PACIFIC Shipping Trust CEO Lim Sim Keat told Fairplay today he is unlikely to acquire ultra-large container ships, even though the group is seeking acquisitions
  • Sicily LNG terminal cleared
    ITALY'S top administrative court has overturned an earlier ruling barring construction of an LNG regasification terminal in Sicily, IHS World Markets Energy reported today
  • Chappell sounds tanker alert
    THE TANKER trough will be deeper and longer than previously feared, Evercore analyst Jon Chappell has warned
  • Iraq contracts product tanker shipments
    IRAQ HAS awarded a gasoline import contract to leading tanker groups, IHS World Markets Energy reported today
  • Korean yards trump China
    SOUTH Korea has wrested back its crown as the biggest shipbuilding nation from China, according to new order figures for 1H2011
  • $1Bn LNG terminal planned in India
    PETRONET LNG has unveiled plans to build a $1Bn terminal on India's East Coast
  • DHT extends Saga offer
    DHT HOLDINGS, the US-listed bulk shipping group based in Jersey, is extending the acceptance period of its offer for shares in Saga Tankers
  • IACS to restore EU tie
    IACS IS restoring its presence at the EU after a gap of nearly two years
  • Capesizes becalmed
    BROKERS told Fairplay today the next four weeks are expected to be quiet for Capesizes, with ore shipments dropping amid manoeuvring by Australian miners and Brazilian charterers

The Journal of Commerceweb site
JULY 21, 2011
  • Toohey Tapped as Waterway Council CEO
    The Waterways Council picked Mike Toohey, a former assistant secretary at the U.S. Department of Transportation, to be the...
  • LaHood Warns of FAA Shutdown
    Transportation Secretary Ray LaHood repeated his warning that 4,000 Federal Aviation Administration employees will be furloughed Friday night if the...
  • Trac Builds M&R Coverage Into Chassis Contracts
    Trac Intermodal, which leases or rents 245,000 marine and domestic chassis to motor carriers throughout North America, is testing a...
  • Halifax's Container Traffic Up 3.3 Percent
    The Port of Halifax, Nova Scotia, grew its container handling 3.3 percent year-over-year in the second quarter, as the...
  • USA Truck Sales Up in Second Quarter
    USA Truck increased sales in the second quarter but its profit dropped $300,000 to $598,000, clipped by higher fuel costs...
  • FTR Associates' Gross on East, West Coast Landing Seasonality Trends (Video)
    Larry Gross, senior consultant with FTR Associates, speaks with JOC's Peter Tirschwell on seasonality trends between East and Gulf Coast...
  • USPS Reports $400 Million in Energy Savings
    The U.S. Postal Service says it saved more than $400 million in energy costs from 2007 to this year by streamlining...
  • Welch Leaves Dynamex for 'New Venture'
    James L. Welch is resigning as CEO of Dynamex, leaving the former YRC executive free to rejoin the trucking company...
  • Landstar's Profit Rises 21 Percent
    Landstar System increased its profit 21 percent to $29.6 million in the second quarter, as the truckload carrier group exercised...
  • Swift Reports $19.6 Million Profit
    More freight and higher rates gave Swift Transportation a $19.6 million net profit in the second quarter, compared with a...
  • OOCL Again Postpones Peak Season Surcharge
    OOCL told its customers it will once again delay its peak season surcharge in the eastbound Pacific trade for another...
  • Short Lines Increase Ore, Chemical Loadings
    Short line railroads surveyed by RMI's RailConnect report had their strongest loadings of ore for all of 2011 in the...
  • Union Pacific CEO Sees "Uncertainty" in Economy
    The CEO of Union Pacific Railroad says uncertainty among rail customers about the economy's direction makes it hard to predict,...
  • IANA's Malloy on Rail's Challenges in New Chassis Regime (Video)
    Tom Malloy, vice president of Policy and Communications for IANA, sits down with JOC Editor Bill Mongelluzzo to discuss intermodal's...
  • Japan's Trade Balance Back in Black
    Japan's trade balance swung back into the black in June amid growing signs of a recovery in exports hit hard...
  • Werner Enterprises Profit Up 31 Percent
    Werner Enterprises increased its net profit 31 percent year-over-year to $27.5 million as revenue rose 11 percent to $515.9 million...
  • Carriers Upgrade Far East-Africa VSA
    A four-liner consortium will upgrade their joint vessel-sharing agreement between the Far East and South and West Africa to a...
  • Union Pacific Profit Rises 10 Percent
    Union Pacific Railroad reported a record profit of $785 million in the second quarter, a 10 percent year-over-year increase, as...
  • Kuehne + Nagel Buys Dutch Perishable Forwarder
    Kuehne + Nagel expanded its perishable transportation and logistics network by buying J. van de Put Fresh Cargo Handling of...
  • NS Completes Major Upgrades in Eight Days
    Norfolk Southern Railway in just eight days began and finished $16.2 million in upgrades to a southwestern Pennsylvania track that...
  • Charleston Handles Record-Sized Container Ship
    The largest container ship to ever call the Port of Charleston, the MSC Bruxelles, docked at the...
  • Delivery Wave to Add 448 Box Ships to Saturated Market
    Four hundred and forty-eight container ships with a combined capacity of 2.78 million 20-foot equivalent units are scheduled for delivery...
  • DOT Wants Fierce TIGER Competition
    The federal government is gearing up for another round of TIGER funding for transportation projects, and the emphasis this year,...
  • Marseille Container Traffic Slumps 9 Percent
    Container traffic at the port of Marseille shrunk 9 percent in the first half of 2011 from a year ago...

Containerisation Internationalweb site
JULY 21, 2011
  • More 'lies, damned lies and statistics' regarding cargo predictions?
  • Asia/West Africa shuffles
  • CSAV stemming the unsustainable rate tide
  • MSC keeps everyone guessing in Antwerp
  • Rotterdam extension progressing

TradeWindsweb site
JULY 21, 2011
  • Demand dip draws drop
    Jefferies & Co slices capesize spot expectations amid warning there is no end in sight for dry-cargo woe.
  • Dredging stall denial
    Dutch operator says that dredging activity at Mombasa is within area designated by contract.
  • Pirates target Greek ship
    A Naf Shipping vessel is the second in 24 hours to be attacked by pirates in the southern Red Sea.
  • Small is attractive for PST
    Singapore-listed PST looking to buy smaller bulkers and boxships, CEO Lim Sim Keat says.
  • Meritz loses refund dispute
    Korean insurer ordered to return $32m to Jan de Nul after yard bankruptcy.
  • Davie takeover cleared
    Judge allows sale of insolvent Canadian shipbuilder, putting it back in race for $35bn of government newbuilding contracts.
  • Record orders for Keppel
    Growing demand for FPSOs and Brazil supply vessel prospects encourage Singapore offshore builder and shiprepairer.
  • Slack quarter hurts HHI
    World's largest shipbuilder sees shares retreat following disappointing second quarter results.
  • Polarcus bags big loan
    Dubai seismic shipowner taps DnB Nor and DVB for $410m of newbuilding finance.
  • Bombed surveyor named
    Ship inspector killed by Yemeni car bomb identified as Brit David Mockett.
  • Davie down to the wire
    Judge to rule on whether insolvent Canadian yard can bid for $35bn contract hours ahead of deadline.
  • Guards save FRO tanker
    Armed security team force hasty retreat from pirates after attack on Frontline suezmax in the Red Sea.
  • Mombasa strike threat
    Dockers' union at key Kenya port is threatening to bring the port to a standstill over government moves to privatise the facility.
  • Bumi blossoms on debut
    Hassan Basma-led offshore owner was the hottest stock in town as it returned to the Kuala Lumpur exchange today.
  • Yard worker killed
    26-year-old Filipino sub-contractor dies at Hanjin's Philippines plant in forklift accident.

American Shipperweb site
JULY 21, 2011
  • 'We had to protect our people'
  • European Shippers opposes flat fuel levies
    The European Shippers Council said Wednesday it welcomes last week's agreement at the International Maritime Organization for new ships to meet mandatory energy efficiency standards. ESC said it "acknowledges the importance of climate change for ...
  • NYK joins Asia/West Africa service
    NYK Line is joining a three-carrier consortium on a service linking Asia and West Africa, the lines said Thursday. In late August, NYK will join the China Shipping, "K" Line and Hapag-Lloyd WAX service as an operating partner. NYK will drop out of...
  • Bengal Tiger Lines swaps Manila/Taiwan services
    Intra-Asia feeder specialist Bengal Tiger Lines (BTL) has switched Wan Hai-led services on which it participates between the Philippines and Taiwan, according to research from American Shipper affiliate ComPair Data. The line was part of Wan Hai's ...
  • Swissport names Hermann VP
    Swissport International, a provider of ground services to the aviation sector, has appointed Roman Hermann to executive vice president for business development, effective Oct. 1. He joins Swissport from ABB Asea Brown Boveri, where he has managed m...
  • Union Pacific reports higher profit
    Union Pacific Corp.,in its second quarter resultsreported net profit of $785 million, 10 percent more than the $711 earned in same 2010 period. UP said revenue for the period ending June 30 was $4.6 billion, 16 percent more than the $4 billion rec...
  • Averitt connects southern U.S., western Canada
    Cookeville, Tenn.-based Averitt Express has opened lanes between thousands of southern U.S. cities and western Canada with transit times as fast as next business day. The improved service times apply to shipments moving to and from all cities in Te...
  • K + N acquires Dutch perishables firm
    Kuehne + Nagel has agreed to take over a Dutch perishable goods logistics company, the global freight forwarding and logistics company said Thursday. Subject to approval from competition authorities, K + N will acquire J. van de Put Fresh Cargo Han...
  • LNG terminals look to reverse the flow
    With the explosive growth in natural gas production from U.S. shale formations, marine terminals originally built to receive tankers filled with liquefied natural gas from abroad are planning to build liquefaction plants so they can export LNG. Ch...
  • Ports are outreach tools for U.S. export drive
    The U.S. Commerce Department's new partnership with the American Association of Port Authorities is designed to help spread the word about government assistance programs for companies interested in expanding to overseas markets but not sure how to...

The Bunker Bulletinweb site
JULY 21, 2011
  • Slight fall in Fujairah fuel oil prices
    Double-digit jump for Durban distillate prices.
  • Rotterdam prices soft
    Earliest delivery in Gibraltar July 27 onwards.
  • Cockett ready to supply at French ports
    Range of French ports along the English Channel can be served by tankers used at company's UK bunker-only station.
  • Aegean launches Panama operations
    Company has been preparing to start physical supply operations in both Cristobal and Balboa.
  • Istanbul bunker volumes seen holding steady
    Sales in 2011 at similar volumes as in recent years, but suppliers 'working for almost zero profit'.
  • Bunkering resumes in Cape Town
    "We're taking things on a day by day basis," player tells Bunkerworld.
  • Bunker prices mixed across Asian ports
    Enquiries generally low across key Asian bunker ports.
  • Lanka Marine performs second bunkering in Hambantota
    Supplies bunkers to charity ship MV Logos Hope via its bunker barge.
  • EU supports LNG feasibility study with $14 million grant
    Study aimed at creating paper to help central stakeholders to develop an LNG bunkering framework.
  • Dan-Bunkering names new accounts assistant
    Evelyn Lee Bee Jia appointed as accounts assistant for Singapore office.
  • South China fuel oil volumes fall week-on-week
    Stocks fall 10,000 mt to around 1.94 million mt in the week ended July 20.
  • 'Positive development' in LNG fuelled vessel market
    Order intakes were up 44% in the second quarter of this year from last year, says the Finnish engine manufacturer.
  • Provision for bunker claims case puts FSL Trust in the red
    The trust posts net loss for the second quarter of 2011 largely due to the $2.5 million provision.

›››File
FROM THE HOME PAGE
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
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