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Independent journal on economy and transport policy
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BRIEFS
July 25, 2011
The Business Timesweb site
Shipping News
  • Baltic Exchange's main index continues to fall
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell for an 11th straight session last Friday as a firm panamax market could not make up for weakness in the capesizes.
  • Iconic Polish shipyard cashes in on wind power
    The Gdansk Shipyard, where the Solidarity movement that ended the communist era in Poland was born, is now trying to lead another Polish revolution ... in offshore wind power.
  • German KG funding takes a big hit in Q1
    Investment in German funds that finance a fifth of the world's container ships and half the nation's own fleet plunged 53 per cent in the first quarter as freight markets slumped and banks curbed lending.

Sched Netweb site
  • Hong Kong Shippers Council: Fix harbour congestion ahead of peak season
  • Ocean freight rates continue to decline across major trade routes
  • Port of Qingdao's throughput increases 12.9pc in first half of 2011
  • Le Havre wins back Japan link as Hanjin, NYK resume after years of absence
  • TUI ponders delay of Hapag-Lloyd equity stake sale until prices improve
  • CSCL, Hapag-Lloyd, 'K' Line, NYK Line invest in Far East/Africa loop
  • European Shippers Council seeks incentives, not taxes for UN eco-ships
  • Chongqing city subsidises THCs to boost market share in regional box trade
  • Shandong cuts highway tolls as Beijing cracks down on excessive collections
  • China's Guigang port throughput up 23pc in first five months
  • CMA CGM-OOCL's Epic loop back to Port Said after cutting it in May
  • Union Pacific profit up 10pc to US$785 million as intermodal slips 1pc
  • CSX second quarter pre-tax profit increases 22pc as revenue rises 13pc
  • UK's London-Midlands HS2 rail link called 'political vanity project'
  • Dachser opens Singapore office to serve south and south east Asia
  • Schenker dismantles its North American air fleet, closes Toledo cargo hub
  • United Continental second quarter profit down 5.5pc to US$577 million
  • Beihai Airport first half cargo up 60.2pc, seafood accounts for 82pc
  • AirBridgeCargo Airlines extends Frankfurt's Fraport contract until 2016

Exim Indiaweb site
  • ABG Shipyard scouting for partner to enter platform building segment
  • GDL's consolidated net jumps 138 pc in Q1
  • 17.8 pc rise in veg oil imports
  • Anti-dumping duty on Japanese, Chinese gas
  • Coffee exports up 55 pc in June
  • Engineering exports projected to grow 27pc
  • INTEXPO: Indian textile exhibition in Malaysia from Nov. 22-24
  • Singapore's imports from India jump 48 pc in H1
  • US firms gear up to tap opportunities in infra sector
  • 'APM Terminals Mumbai (GTI) supporting trade & neighbouring terminals'
  • Captive port policy puts private operators on edge
  • DP World Cochin berths Maersk Line's largest vessel to call India
  • Kerala govt seeks revised feasibility report for Azhikkal port
  • KoPT to renovate, enhance facilities
  • Asset sales by SMEs not to attract capital gains tax
  • Developers seek govt nod to shelve SEZ plans
  • Govt gives go-ahead to 31 FDI proposals
  • Govt nod for importing 40,000 t of rubber
  • SEZ tax sops removal to hit exports: Assocham
  • TN farmers bracing for lukewarm egg exports
  • Trying to get concessions on tax refund rates: Fieo
  • Agility bags wind power logistics contract in Sri Lanka
  • Complex intercontinental shipment of tunnel boring machine deftly executed
  • GPLN offering heavy lift seminars

Marine Logweb site
JULY 22, 2011
  • ABS set to release update of Crew Habitability Guide for Workboats
  • Davie Canada to complete three Cecon newbuilds
  • Sembcorp Marine shipyard files claim against Ernst & Young
  • New spill response role for two Hornbeck Offshore MPSV's

World Wide Shipperweb site
JULY 22, 2011
  • Bellingham Port Commissioners OK Scotty Browns airport lease
  • US rail freight traffic posts gains during week
  • K Line joining service calling Far East/India
  • Coast Guard investigating Columbia River vessel allision
  • Crystal Cruises earns 16th best cruise line honor

Lloyd's Listweb site
JULY 22, 2011
  • West Africa suezmax fixing activity hits two-year high
    But substantial fleet growth since 2009 kills earnings opportunities for owners in June
  • Cooling Asian inflation could shrink tanker rates
    Tanker markets could face extremely difficult second half of the year if plans to cool Chinese inflation hit the Asian economy and reduce crude and oil products imports
  • Torm hires South Korean kamsarmax
    Torm understood to have chartered a South Korean kamsarmax bulk carrier at $12,500 per day for a short period contract
  • South Korea sets iron ore record
    South Korea imported a record-breaking volume of iron ore in June
  • Capesize rates find floor but more cargo is needed
    Continued slide attracts Rio Tinto and BHP Billiton in, but more cargoes still needed
  • Capesizes search for green shoots
    Severe overcapacity set to continue limiting ability of capesize owners from earning acceptable returns
  • Squeezed from all sides
    The shipping finance challenge looks daunting
  • Shipping companies at risk of falling foul of UK's new Bribery Act
    Specific offence of bribing a foreign public official may prove a challenge
  • Illuminating future navigation
    UK Shipping Minister Mike Penning has launched the lighthouse authorities' new marine aids to navigation strategy, 2025 and Beyond. It appears flexible and realistic
  • China shippers call for mining companies to reconsider newbuilding plans
    Although not named, Vale is thought to be the target of shipowners association's comments which claim cargo owners are 'monopolising' the dry bulk market
  • Agreement on cutting CO2 is a truly major achievement
    IMO has demonstrated that it is eminently capable of delivering a global solution for shipping
  • Gothenburg plans to start up LNG fuel terminal by 2013
    Sweden's important bunker hub aims to offer gas alternative two years ahead of sulphur emissions clampdown
  • Gothenburg to strengthen rail links to box terminal
    Bidders are lining up for the Skandia Container Terminal concession. Whoever wins will want to expand it
  • K+N to purchase Dutch perishable goods agent
    J.van de Put deal will extend Kühne + Nagel's global 'fresh-to-door' concept
  • More box lines impose congestion surcharges at Jawaharlal Nehru
    Hapag Lloyd will avoid the port altogether, re-routing vessels to Mundra
  • Boxship orders delayed as lines struggle to halt freight rates slide
    Newbuilding market has 'switched off'
  • UK ship detentions creep up
    Three foreign flag ships were detained in UK ports during June failing port state control inspection, according to statistics released by the MCA
  • Ports fear cost and security of wireless internet
    ICSW report finds needs of seafarers to communicate with family were deemed peripheral to port operations and planning
  • Transport workers' body condemns European Commission jobs report
    Task Force has failed to deliver radical measures needed to avert a maritime skills crisis, says ETF
  • The lemmings change direction
    With carriers heading for another year of cumulative losses, owners are likely to be very circumspect about buying new tonnage in the short term
  • Passage to Africa
    Two recent developments chronicled by Lloyd's List herald more promising growth for the continent
  • Eurotunnel says hauliers' fears for SeaFrance helped fuel 21% rise in truck volumes
    Truck shuttle volumes surge to 609,000 units for the first six months of 2011, as passenger shuttles saw cars edge over the 1m mark
  • Hong Kong government says it has 'open mind' on congestion solutions
    Portside land could ease congestions but feeder operators unable to pay market price
  • Feeder operators reject River Terminal Trade proposal
    Makes sense in theory but underlying economics spell ruin
  • Pirates masquerade as authorities in attempted tanker hijack
    Brilliante Virtuoso now responsibility of Salvor Five Oceans
  • Star Reefers predicts more scrapping
    Ships as young as 18 years may go to breakers as box lines encroach on reefer trades
  • Stratos acquires Blue Ocean Wireless
    Operational assets of US GSM services provider bought by Inmarsat company
  • Dyna-Mac lifted by Keppel's bullishness on FPSO sector
    Singapore-listed maker of topside modules sees share price jump 4% despite lacklustre results
  • MOL upbeat on pure car carrier market
    Noticeable pick-up since June could lead to tightness in the market over six months
  • Economou projects further slump in bulker values
    DryShips sells another four units citing 'discrimination' against older vessels

Fairplayweb site
JULY 22, 2011
  • Hapag deal reported in limbo
    UNCERTAINTY over the planned float or sale of a major share in German box line Hapag-Lloyd has increased amid reports that a key suitor has withdrawn from negotiations
  • Davie bids just in time
    DAVIE Canada, with backing from its new owner, beat today's deadline to bid for the Canadian government's C$35Bn ($37.06Bn) shipbuilding sweepstakes
  • Mitropoulos clarifies remarks on Libya, piracy
    THE IMO sought today to clarify statements made by secretary-general Efthimios Mitropoulos that were seen in one news account as suggesting that anti-piracy military forces had been diverted to support of Libyan rebels
  • Greek ferry strike postponed
    GREEK seamen told Athens today they will not strike during the rest of the summer to oppose government plan to cut their pensions
  • Canadian spill fears rise
    CANADA'S response capability for oil spills has become a US congressional issue
  • JNPT slams congestion levies
    INDIA'S Jawaharlal Nehru Port Trust has accused container lines of unfairly exploiting scheduled upgrades by imposing congestion surcharges on shippers
  • Crew rescued from listing ship
    SIX CREW members were rescued by helicopter today after they reported to French authorities that their general cargo ship had taken on a heavy list
  • Bulker analyst hits 'sell'
    WELLS Fargo analyst Michael Webber today graded down four drybulk stocks - Diana, Genco, Eagle and Excel - to 'underperform', the equivalent of 'sell'
  • Star Reefers tells 2Q losses
    THE FALL in spot freight rates plus an impairment charge against its older ships added up today to second-quarter losses for Star Reefers
  • Safe Bulkers profits fall
    GREEK shipowner Safe Bulkers has announced a 22% year-on-year drop in net income drop for the second quarter
  • Putin, senator rev up row
    RUSSIAN Prime Minister Vladimir Putin's disclosure that the US is trying to cancel import restrictions on automobile parts shipments has triggered a blast from Michigan
  • Worker dies after Subic yard fall
    INVESTIGATIONS are continuing today into the death of a worker at Hanjin HI & Construction Philippines' yard at Subic Bay
  • Daewoo pay deal agreed
    DAEWOO Shipbuilding said today managers and unions have accepted a pay accord
  • Oz cargoes to Korea seen surging
    MARTIN Ferguson, Australia's energy minister, said today Oz plans to supply more LNG and other resources to South Korea in a push to become Seoul's key energy partner
  • Keppel's profits corrected
    KEPPEL said today its 1Q2011 profits were S$384.86M ($318.24M), up 9.3% year on year

The Journal of Commerceweb site
JULY 22, 2011
  • YRC Worldwide Closes on Restructuring
    Troubled trucking giant YRC Worldwide completed its $500 million financial restructuring Friday, cementing long-term credit terms and labor concessions that...
  • FAA Partial Shutdown Spurs 4,000 Furloughs
    Up to 4,000 federal employees will be furloughed and $2.5 billion in airport improvement work will stall midnight Friday after...
  • MSC to Hike India-South Africa Rates
    Mediterranean Shipping Company will apply a general rate increase on the trade from India to South Africa as part of what...
  • Top Railroads Hit Highest Employment Since 2009
    The seven largest freight railroads added 1,818 workers to their U.S. payrolls from mid-May to mid-June, the largest increase this...
  • Mobile Handles Record Export Coal Shipment
    The largest export coal shipment ever handled by the Port of Mobile sailed early Friday, highlighting the Alabama State Port...
  • Port of Tampa Spends $12.9 Million to Expand
    The Tampa Port Authority's board this week agreed to spend $12.9 million to expand the port's container-handling capacity and inland...
  • DB Schenker to Ground US Freighters
    DB Schenker said Friday it will shut down the U.S. domestic air cargo network operated for years by BAX Global,...
  • YRC Worldwide to Name New CEO
    When YRC Worldwide's new board of directors meets for the first time today, job number one will be naming a...
  • Senior J.B. Hunt Executives Retire
    J.B. Hunt Transport Services reported several changes to its executive management team, including the retirement of Paul Bergant, the intermodal...
  • YRC National 'Back in Black' With $10.6 Million Profit
    Long-haul less-than-truckload operator YRC National rolled back into the black in the second quarter, reporting an operating profit of $10.6...
  • YRC Contract Pricing Rising Faster, Zollars Says
    YRC Worldwide hiked its contract rates about 4 percent in the second quarter as the less-than-truckload carrier hauled more long-haul...
  • Port of Cochin Handles Record-Size Container Ship
    The largest Maersk Line container ship ever to call Indian shores arrived Thursday at the Port of Cochin, a major...
  • IMS Worldwide's Spencer on Rise of Intermodal Shipping (Video)
    Curtis Spencer, president of IMS Worldwide, and Peter Tirschwell, senior vice president of Strategy for UBM Global Trade (parent company...
  • Star Reefers Reports $11.3 Million Loss
    Norway's Star Reefers swung to an $11.3 million second quarter net loss from a year-earlier profit of $3.8 million, as...
  • Hanjin Resumes Japan-Le Havre Service
    The Port of Le Havre said Hanjin Shipping resumed service between Japan and the French port on July 15 after...
  • KCS More Than Doubles Profit to $70.7 Million
    Kansas City Southern, the smallest of North America's Class I railroads, saw profit leap by 104 percent in the second...
  • Stagnant Rail Freight Traffic Remains Below Peak
    Freight volume for major North American railroads fell 0.3 percent in the week ending July 16 compared to the same...
  • "K" Line Joins Far East-Indian Subcontinent Direct Loop
    "K" Line will join a vessel-sharing agreement next month that is currently operated by Evergreen Line and Simatech on the...
  • YRC Worldwide Cuts Loss to $39 Million
    YRC Worldwide, in the midst of a restructuring aimed at stabilizing the trucking company's finances, reported a $39 million loss...
  • Distributing Change
    Logistics costs are rising, but where is the response from shippers in terms of truly changing fundamentals of their distribution...
  • Tinker to Evers, Not a Chance
    Q: We recently gave a shipment to a 3PL (broker) we use regularly. The broker then gave the shipment to...
  • Rational Exuberance
    Ocean carrier executives must be looking at railroads and trucking companies and wondering if they got in the wrong business....
  • APL Sets East Asia-US East Coast Surcharge
    Singapore-based container carrier APL will impose a peak-season surcharge on all cargo shipped from Asia and the Middle East to...
  • Container Corporation of India's Profit Up 21 Percent
    State-owned Container Corporation of India boosted first quarter net profit 21 percent from a year earlier to $52 million,...
  • Committee Witnesses Endorse Transport Bill
    The proposed two-year $339 billion surface transportation bill received the unanimous support of witnesses of the U.S. Senate Environment...

Containerisation Internationalweb site
JULY 22, 2011
  • Spiralling Hong Kong port congestion 'must be dealt with before peak season'
  • Weather plays havoc with Australian services
  • China's PMI at 28-month low
  • Greece gets its 'exceptional and unique solution'
  • FESCO still on acquisition trail

TradeWindsweb site
JULY 22, 2011
  • Lazard praises DRYS deal
    Equity analyst says discount bulker sale will have little impact on George Economou-led owner's earnings despite $107m hit.
  • Pirates attack in Aden
    Somali gang target Ethiopian ship as it passes through the IRTC.
  • Hornbeck seals spill pact
    US-listed offshore owner tosses PSVs into Marine Spill Response Corp's Deepwater Horizon-inspired clean-up venture.
  • Oslo under attack
    RS Platou evacuates Norwegian office as explosion rips Prime Minister's office and oil-rich nation's Ministry of Petroleum.
  • CCM lowers its sights
    Analyst Michael Pak slices dry-cargo and tanker rate forecasts to levels which will tip three more owners into the red.
  • Mombasa strike off
    The dockers' union at Kenya's main port has withdrawn a threat to strike over plans to privatise the port.
  • Hapag IPO still on
    German container line remains on track for share sale despite report of delays, shareholder TUI says.
  • Mermaid lures $26m deal
    Thai drilling contractor with links to John Fredriksen snaps up lucrative Indonesian deal.
  • Wells downs dry giants
    Genco, Eagle, Diana and Excel face cash and covenant pressures amid dry recession, analyst warns.
  • Japan holds 19
    June port state control round-up sees P&F Marine and Jacksoon bulkers detained.
  • Domestic bliss
    Indonesian boxship business leads to improved second quarter income for shipowner in "oppressed" period.
  • Havila still at a loss
    Norwegian offshore company books loss on second quarter profit but sees improvement in second half.
  • Greek ship detained in UK
    June figures for UK ship detentions put Good Faith-owned bulker and US-owned cruise ship in the frame.

American Shipperweb site
JULY 22, 2011
  • Washington Notebook
  • Natural Gas production
  • "K" Line joins Evergreen China-India loop
    The Japanese container line "K" Line said Friday it is joining a service linking the Far East to India and Pakistan from Aug. 10. "K" Line will participate in the Evergreen Line-Simatech Shipping CIX2 service as a vessel operator. It will provide ...
  • New controversy over Jones Act Waivers
    There is new controversy about the granting of waivers to the Jones Act for ships carrying oil from the Strategic Petroleum Reserve (SPR), with allegations that oil companies are tailoring their withdrawals to avoid using U.S. flag ships. The gover...
  • Toohey tapped to lead Waterways Council
    The Waterways Council has tentatively selected Mike Toohey to be its next president and chief executive officer. A special meeting of the WCI board has been called for Aug. 2 to formally consider his election to the organization's presidency. Toohe...
  • 4 bids received for Hawaii 'Superferries'
    The U.S. Maritime Administration said it received four bids for the two high-speed ferries built by the defunct Hawaii Superferry company. However, MarAd said it would not reveal the name of the bidders or the amounts they offered for theAlakaiandHu...
  • CMA CGM adds back Port Said on EPIC loop
    The liner carrier CMA CGM is adding back a call at Port Said on a service between Europe and the Indian Subcontinent, according toAmerican ShipperaffiliateComPair Data . The French carrier had deleted calls at Port Said on itEPIC service in May , a...
  • Ship registry gets China approval
    International Register of Shipping (IRS) has received approval from the Chinese government's Maritime Safety Administration (MSA) to open a surveying company in China. The approval comes as IRS, based in Panama City, Panama, continues to expand its...
  • Military Sealift Command appoints Pacific commander
    The U.S. Navy's Military Sealift Command said Thursday Capt. Sylvester Moore has assumed command of its Pacific operations.Moore replaces Capt. Jerome F. Hamel.The Pacific Command is responsible for Military Sealift Command ships operating in the E...
  • U.S. prepares trade mission to Afghanistan
    Francisco Sánchez, U.S. Commerce Department's undersecretary for international trade, will lead a trade mission to Kabul, Afghanistan, this September.Sánchez will bring representatives from 10 U.S. companies who are interested in pursuing export, ...

The Bunker Bulletinweb site
JULY 22, 2011
  • Prices uncertain in the Americas
    Crude futures settled higher on anticipation that prices will increase next week if progress is made on the US debt crisis.
  • New Zealand bunker debate considered environmental risk
    One industry expert said he believed the ferries were responsible for 80% of sulphurous gases over Wellington.
  • IBIA Chief Executive resigns
    Resignation will take effect from July 31, 2011.
  • Prices mixed in the Middle East
    Suppliers bunkering schedules extremely tight for prompt dates.
  • Markets firm across Europe
    Renewed confidence in eurozone area.
  • Antarctic fuel oil ban hits cruise passenger numbers
    With ban entering into force next month, several operators are withdrawing large cruise ships from the region.
  • Study of CO2 abatement cost shows 'amazing results'
    Huge CO2 cuts possible at profit to industry, but significant barriers preventing realisation of $70 billion potential fuel cost savings.
  • Turkish supplier expands operations to Aegean Sea
    Will be selling 380 cSt, 180 cSt and 0.1% sulphur MGO at Izmir.
  • ARA supplier prepared to change pricing formula
    Separating product price from barge freight cost already practiced in several regional ports.
  • Week ends with gain in IFO prices
    Demand for bunker fuel mixed at major Asian ports on Friday.
  • Boldly Going Bigger?
    With ship sizes increasing, so will bunker stems, but will suppliers be willing to extend credit to 'fill her up' if there is another rate crash?
  • US Navy places order for fuel tank sensors
    Organisation will order 13 sensors from Electronic Marine Systems.
  • Singapore onshore fuel oil stocks at three-week high
    Volume up 12.4% to 19.689 million barrels with further inventory gains expected.
  • Glencore subsidary gets fuel saving service
    Blue Water Trade Winds signs three year deal to install cargo heating management services for ST Shipping.
  • Fall in global bunker demand 'faster than anticipated'
    High bunker prices prompt development of fuel-efficient ships, study says.

›››File
FROM THE HOME PAGE
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Washington/Southampton/Rotterdam
Meanwhile, another tanker, the "Stolt Magnesium", was hit by a missile near Oman
European shipowners call for permanent derogations from the EU maritime ETS after 2030
Brussels
Exemptions for connections with islands and outermost regions, for polar class vessels, for transnational public service obligations and for search and rescue activities
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
Two VLCCs operated by the UAE's ADNOC were attacked in the Strait of Hormuz.
Abu Dhabi/Tampa
US Central Command announces reinstatement of blockade on maritime traffic in and out of Iranian ports
Trump announces a tax on goods passing through the Strait of Hormuz protected by the US
Washington/Portsmouth
Expected to be equal to 20% of the value of the transported loads
Six-monthly vessel traffic in the Straits of Malacca and Singapore increased by +3.7%
Port Klang
In the second quarter of this year alone, a decrease of -0.5% was recorded
In May, naval traffic in the Suez Canal increased by +15.0%
Cairo
In the first five months of 2026, 5,696 ships passed through the port (+12.7%)
OOCL records sharp increase in containers carried by its fleet
Hong Kong
In the April-June quarter, revenues generated by this activity grew by +19.8%
Strait of Hormuz, a container ship was attacked near the coast of Oman
Muscat/Portsmouth/New Delhi/Tampa
Fire on board. One crew member missing. 23 other sailors rescued.
At the port of Marseille-Fos, general cargo traffic is increasing while bulk cargo is decreasing.
Marseille
In the first half of 2026, cruise passengers increased by +5%
The Swedish government is calling for the EU maritime ETS to be extended to more vessels.
Stockholm
Stockholm stresses the need for the ETS to remain a pillar of EU climate policy
Assiterminal will bring the issues of concession fees, investments and intermodality to the attention of politicians.
Genoa
Proposal to grant a concession fee discount to terminals that increase rail traffic
Pirate attacks on ships continue to decline
London
In the first half of this year, 38 accidents occurred compared to 90 in the first six months of 2025.
There are still six thousand sailors trapped in the Strait of Hormuz region
London
Dominguez (IMO): I remain confident that the evacuation plan can be resumed
A study highlights the significant costs and counterproductive effects of the application of the EU ETS to maritime connections with western Sicily
Palermo
For the Naples-Palermo and Genoa-Palermo routes the annual cost varies between 2.9 million and 19.9 million euros.
Fincantieri to build third ultra-luxury cruise ship for Four Seasons Yachts
Trieste
The unit will be built in the Ancona plant and will be delivered in 2031
Fermerci urges the search for resources to support rail freight transport.
Rome
Paper: from the remodulation of the PNRR we expect that resources will finally be allocated to compensate for the damages that operators are suffering
Another tanker hit by a drone in the Strait of Hormuz
Southampton
The device caused limited structural damage
New attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit by a shell which started a fire
Evergreen founder's son investigated for insider trading
Taipei
He was released on bail today
ECSA: Shipping receives a cut of its EU maritime ETS payments.
Brussels
Italy, ranked third in Europe, earns €669-787 million. Only France and Estonia allocate a specific portion of this revenue to the maritime sector.
Fincantieri acquires Next Geosolutions, WSense, Graal Tech, and Defcomm to develop the underwater segment
Trieste
The first phase of operations involves an outlay of approximately 600 million euros
A new attack on a ship in the Red Sea raises alarm over a possible resumption of Houthi actions.
Portsmouth
The accident occurred 30 nautical miles southwest of the port of Hodeidah
The Regional Administrative Court (TAR) has accepted the appeal for the annulment of the environmental impact assessment decree for the Fiumicino tourist and cruise port.
Rome
The project - explains the ruling - although speaking of a "prevalent" recreational function, actually foresees a very significant cruise component.
Transport & Environment calls for the introduction of national cruise taxes and further EU measures to mitigate their impact
Brussels
Assiterminal's proposals for amending the Ports Bill focus on port work
Genoa
According to the association, the distinction between port operations and services must be overcome
Assologistica and Assoporti also request changes to Porti d'Italia Spa.
Rome
Both associations highlight the central role of the Port System Authorities
Peruvian judiciary rules that COSCO's private port of Chancay must be subject to public oversight
File
The corrections proposed by Confitarma, ANCI, the Port Authorities and the Italian Competition Authority (AGCM) to the port governance reform
Rome
AP Møller Holding to acquire Norwegian ship leasing company Ocean Yield
Copenhagen/London/Oslo
Holds interests in a fleet of more than 70 cargo vessels
CMA CGM to Invest $1.4 Billion to Buy FedEx Supply Chain
Memphis/Marseille
The American company has nearly 10,000 employees
Brittany Ferries announces plan to scale back operations
Roscoff
The company reports that the difficulties caused by the Covid pandemic and unfair competition have been compounded by the effects of the EU ETS.
ITF and JNG agree to maintain the designation of the Strait of Hormuz as a Warlike Operations Area until July 9
London
It provides seafarers with greater protection and more adequate compensation
Assiterminal highlights the difficulty of placing Porti d'Italia, as proposed by the government, within the Italian port system and within Community law.
Rome
Cargo traffic at Chinese seaports fell by -0.4% in May
Beijing
Containers amounted to 27.5 million TEUs (+2.9%)
The administrative process for the new Port Master Plan for Augusta has begun.
Augusta
TiL (MSC Group) acquires 49% stake in Indian port of Vizhinjam
Mumbai
The stake was sold by Adani Ports for $1.4 billion
Hanseatic Global Terminals (Hapag-Lloyd Group) to acquire 20% of Eurogate Container Terminal Hamburg
Hamburg
The German shipping group will also increase its stake in the Moroccan Tanger Alliance
La Spezia is among the Italian ports that are most increasing their connections to container shipping lines.
Geneva
Among the other main national airports, Vado Ligure and Ravenna are losing connections
Spanish shipowners call for EU maritime ETS revenues to be reinvested in shipping
Madrid
Boluda: Spanish companies will inject over five billion euros into the system by 2030
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Manama
Rejected any toll, tax or attempt to exercise control over the Strait
IMO suspends evacuation operations for ships awaiting transit through the Strait of Hormuz
London/Taipei
Evergreen says its container ship was hit while following the UKMTO-recommended route.
Four entities pre-qualified for the concession of the cargo terminals of the Ukrainian port of Chornomorsk
Gdansk
These are APM Terminals, Mariner/TAS, Yilport Holding and AD Ports/SKF Holdings UK
New attack on a ship transiting the Strait of Hormuz
Southampton
The container ship Ever Lovely was hit by a shell off the coast of Oman.
In 2025, 1,478 containers were lost at sea out of a total of 280 million transported by ships
Washington
On January 1st, the IMO regulation came into force which makes reporting of boxes lost at sea mandatory
BIMCO and ICS' latest report on the maritime workforce raises alarm over officer shortages
London/Bagsværd
In 2026, there will be a shortage of 39,100 STCW certified officers.
In 2025, intermodal traffic handled by Kombiverkehr decreased by -13.5%
Frankfurt am Main
Annual revenues down 8.3%
The government's proposal to update the rules on port governance raises more than one doubt
Rome
Costa: The lack of infrastructure planning cannot be solved with a joint stock company
MSC Cruises and Meyer Werft have not yet signed contracts for four new cruise ships plus two options.
Papenburg/Geneva
The companies expressed confidence that they could successfully conclude negotiations in the coming weeks.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
Geneva
In the second quarter of 2026 it was equal to 290.0 (+2.3%)
AD Ports has completed the acquisition of an 81% stake in Global Feeder Shipping.
Abu Dhabi
In 2025, the company's ships carried 2.8 million containers
An evacuation plan has been established for ships still waiting to transit the Strait of Hormuz.
London/Muscat
Dominguez (IMO): The operation will be carried out in close cooperation with Iran, Oman, all other coastal states in the region, the USA and the maritime industry
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Miami
Fuel costs rise to near-record levels in 2022
Reducing navigation speed and optimizing port calls are the key to decarbonizing shipping
Copenhagen
A new study by the Global Maritime Forum highlights this.
ECSA and A4E reiterate the need to allocate EU ETS revenues to the decarbonisation of ships and aircraft
Brussels
Essential to bridge the price gap between sustainable and conventional fuels
AD Ports' new bid to gain control of Egypt's ALCN rejected
Cairo
A new proposal worth approximately $580 million has been submitted.
John Denholm is the new president of the International Chamber of Shipping
Rome
He succeeds Emanuele Grimaldi, who has completed his four-year term
A ship was hit by a drone in the Black Sea
Odessa
One of the nine crew members died
Port of La Spezia: Dredging of the third port basin and navigable canal begins.
La Spezia
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
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
ZPMC Delivers New Ultra-High Wind-Resistant Port Cranes
Shanghai
The world's tallest rail-mounted reach stackers for empty containers have also been built.
Peninsula and Itochu form joint venture to supply ammonia bunkering to European ports
Gibraltar
The initiative in response to the growing demand for zero-carbon fuels
Konecranes announced its entry into Japan
Helsinki/Tokyo
Acquisition of 70% of Mitsubishi Electric FA Industrial Products
Saipem wins $2 billion contract in Indonesia
Milan
Seven IMO regional coordinators have been introduced who will provide technical support to the organisation's Member States.
London
Jadrolinija has inaugurated its new fast maritime service Ancona-Zadar
Ancona/Zara
It provides five departures per week and a crossing of approximately four hours.
Hapag-Lloyd to reorganize services in the Adriatic
Hamburg
The port of Ancona, removed from the ADX line, will continue to be served by the IAS service
Eleven nominations for the eighteenth edition of the ESPO Award
Brussels
This year's theme is dual-use port-city projects
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Jotun COSCO Marine Coatings signs agreement with COSCO Shipping Bulk for 125 new vessels
Sandefjord
Advanced hull performance solutions will be implemented
Maersk issues first order for new containers produced in India
Copenhagen
Local production has been stimulated by the introduction of incentives
Last May, freight traffic in the port of Ravenna grew by +3.4%
Ravenna
An increase of +10.6% is expected in June
Sardinia's Port Authority spent approximately €157 million in PNRR funds
Cagliari
Achievement of the targets expected by June 30, 2026
Hannibal will inaugurate a new intermodal service from Melzo to Rotterdam Europoort on July 8th.
Melzo
Six weekly trains are scheduled that will be able to carry up to 38 cargo units
PSA to build and operate container terminal at Vietnam's Lach Huyen port
Singapore
Agreement with Lach Huyen International Logistics & Industrial Park
Sandro Bucchioni and Andrea Fontana confirmed as presidents of the La Spezia freight forwarders and maritime agents.
La Spezia
New two-year mandate
Konecranes has acquired the nuclear and port services segment of Spain's Coapsa.
Hyvinkää
The company has an annual turnover of approximately four million euros.
PSA Italy presented its 2025 Sustainability Report
Genoa
The document highlights, among other things, the employment data and the economic impact on the territory
The Central-Northern Adriatic Port Authority confirms the completion of the projects financed by the PNRR
Ravenna
Mirco Carloni has taken office as president of the Central Adriatic Port System Authority.
Ancona
The Grimaldi Group has taken delivery of the new PCTC Grande Oriente
Naples
It will be placed on the Asia-Europe route
Port of La Spezia: 60 Sea Log workers rehired by other port companies
La Spezia
Pisano (AdSP): very satisfied with the positive conclusion of this dispute
The Central Adriatic Port Authority announces that it has achieved its objectives under the PNRR
Ancona
The funds coming from the plan financed by the European Union amounted to 39.6 million euros
A workshop on cold ironing and related risks and insurance solutions will be held in London.
London
Rossi (ADVANT-Nctm): effective infrastructure development must necessarily take into account legal and insurance aspects
Fincantieri signs an agreement in Albania for shipbuilding training.
Trieste
Skills development for the growth of the new Pashaliman naval industrial hub
Reorganization of ro-pax traffic areas in the port of Catania
Catania
Ferries will no longer be moored on the central jetty or along the eastern breakwater
Maersk raises fiscal 2026 forecast
Copenhagen
Continued growth in demand for containerized shipping and increased spot rates
Green light for the awarding of railway shunting services in the ports of Savona and Vado
New trucking area in the port of Genoa
The Italian Ports Association will hold its assembly in Naples on Wednesday.
Rome
The discussion on port governance reform will be at the heart of the proceedings.
Registration for seafarers' registers is now open to non-EU citizens residing in Italy.
Genoa
Vidotto (Foundation of the Italian Merchant Marine Academy): a step towards civilization
Project to build shipyard in Tartous port expected to accelerate
Damascus
Meeting between a delegation from Kuzey Star Shipyard and the leaders of the Syrian General Authority for Ports and Customs
Port of Gioia Tauro: Work to reactivate hauling and launching operations has been completed.
Gioia Tauro
These operations had been at a standstill since 2024
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will take place in Genoa on July 1st.
Genoa
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
Govt does not interfere in port management appointments - Loke
(Bernama)
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
In Spain, €11.8 million in eco-incentives have been allocated for the use of motorways of the sea.
Madrid
163,672 shipments made by 32 companies subsidized
ABB has signed an agreement to buy Norwegian marine automation company Høglund.
Zurich
The Tønsberg-based company's integrated automation system is currently installed on over 600 vessels.
Port of Gioia Tauro: tender launched for the redevelopment of the ro-ro docks
Gioia Tauro
Worth 5.6 million euros, the works will last 210 days
Grimaldi confirms the important role of the port of Catania in its strategies
Catania
The aim is to increase services and make existing ones even more efficient.
Annual growth of +6% in cruise traffic and +2% in ferry traffic is expected in the Adriatic
Venice
It is the only Mediterranean region to have recorded a decline in cruises in the period 2019-2025
PSA Padova established to develop and manage the Padua intermodal terminal
Padua
The shareholders of Interporto Padova and Padova Hall have approved the merger plan
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.
Spediporto has opened its own representative office in Hong Kong
Genoa
Giachero: the opening of this desk is also an opportunity for young people
Arcese, Conti and Cosulich establish a company for the port logistics of finished vehicles
Livorno
HMM orders eight bulk carriers and two gas carriers
Seoul
Investment of approximately 1.1 billion dollars
MPC Container Ships has purchased four 7,000 TEU containerships built between 2023 and 2024.
Oslo
Investment of 340 million dollars
FedEx posts record quarterly and annual revenue
Memphis
Total revenues in fiscal year 2026 amounted to $94.7 billion (+7.7%)
Geopolitical uncertainty has become the main risk for shipping
Munich
Evergreen purchases 140,500 new containers in China
Taipei
Investments totaling $358.9 million
Yesterday, the Strait of Hormuz was crossed by 42 commercial vessels
Paris
For the first time since the beginning of the conflict, several LNG tankers entered the Persian Gulf
Memorandum of Understanding for the Launch of Drone Use in the Port of Palermo
Palermo
Submission of the request for the establishment of U-Space
Saipem wins new $1 billion offshore contract in Angola
Milan
It was awarded by Azule Energy for the Greater PAJ project
Port of Ancona: Dredging work has begun on the seabed of quay 22.
Ancona
Approximately six thousand cubic meters of sediment will be removed
Confitarma welcomes clarifications regarding ship waste collection management.
Rome
The need for uniform application of the legislation throughout the country was highlighted.
The Tuscan Cooperation Development Fund invests in Uniport Livorno.
Livorno
Operation for a total of 880 thousand euros carried out together with co-investor Coopfond
Fit-Cisl, recognizing dock work as arduous is a priority
Genoa
Pagnotta: This is not a corporate claim, but a question of social justice.
Hupac increases weekly rotations between Antwerp and Busto Arsizio via France to four.
Noise
Two additional departures of the intermodal service introduced
From July, the tariff for naval transit through the Turkish Straits will increase by +14.9%.
Istanbul
It will be raised to $6.70 per net tonne
Fincantieri and Republikorp sign agreement to build multipurpose naval vessels in Indonesia.
Paris
The establishment of a joint venture is planned
Study on the divergences between the EU Ship Recycling Regulation and the Hong Kong Convention
Brussels/London
It has been published by ECSA and ICS
The 2026-2028 POT of the Southern Tyrrhenian and Ionian Sea Port Authority has been approved.
Gioia Tauro
Approval also granted to the 2026 budget forecast variation and to the update of the Port's Staffing Plan.
Autonomous Navigation: ABS, Polaris Shipping, HHI, and AVIKUS Sign Agreement
Athens
It will be tested on a VLOC under certain low-risk conditions
Tomorrow in Sant'Agnello (Naples) the inauguration event of the Italy Branch of The Nautical Institute
London
The topics of discussion will include energy transition in the maritime industry, maritime education and training.
The Municipality of Bologna is reconsidering the divestment of its stake in Interporto Bologna.
Bologna/Bentivoglio
An institutional delegation from Flanders visited the interport
Eni and Fincantieri sign agreement to develop innovative underwater monitoring technologies.
Milan/Trieste
Agreement focused on Eni's "Clean Sea" technology
In 2025, LNG consumption in Italy grew by +11% driven by industry and new uses, with the debut in the naval segment
Rome
Amadei (Federchimica LNG Group): Use ETS and FuelEU revenues to support investments and deployment of lower-carbon fuels.
RT&L partners with China's Guangzhou Salvage to strengthen its project cargo segment
Genoa
Bizzarri: the sector is characterised by wide margins for development and profitability
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