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Independent journal on economy and transport policy
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BRIEFS
July 26, 2011
The Business Timesweb site
Shipping News
  • Kuehne+Nagel sets sights on Asia
    Freight forwarder Kuehne+Nagel is stepping up its charge on Asia's markets as part of its ambitious five-year plan to double its revenue.
  • Pirates attack Italian ship off W Africa coast
    Pirates attacked an Italian tanker carrying a cargo of diesel fuel in the Gulf of Guinea off Benin, making off with some goods but leaving the crew unharmed, local authorities said.
  • US regrets killing of Taiwan skipper in crossfire: report
    Washington 'regrets' the killing of a Taiwan skipper who died in crossfire when the US Navy attacked Somali pirates who had seized his boat, a detailed report into the incident said yesterday.
  • Dhaka ship-breaking yards okayed to work

Sched Netweb site
  • China Academy of Sciences predicts slowdown in world container cargo growth
  • MSC's north Europe port focus eyed as Le Havre returns to normal
  • Importers 'evade' Jones Act ordering oil lots too big for US ships to handle
  • Singapore feeder Bengal Tiger swaps Manila-Taiwan services with Wan Hai
  • Mombasa-Kampala railway wins US$40 million loan, hopes to cut costs 35pc
  • DP World adds new South American terminals with acquisitions in Suriname
  • North Europe ports strengthen, Duisburg growth rate overtakes Antwerp's
  • Shipper conditions improve, but unlikely to last: FTR Shippers' Update
  • US court rules Long Beach clean trucks deal contrary to state law
  • APM Terminals' Nigerian Apapa facility starts scanning 200 boxes a day
  • China Southern Airlines adds Vancouver to Shanghai-LA cargo service
  • Hainan Airlines to open European network from Turkey
  • Victor Bout fails quash gun-running case with 'US malicious prosecution' plea

Exim Indiaweb site
  • Cargo Scope 2011 inauguration tomorrow
  • CSCL assigns 14,074-TEU newbuilding to Asia-Europe trade lane
  • DHL offers Shanghai to Seattle direct LCL service
  • Education helps protect shipping & reduce maritime security risks
  • Grand China bundles SPX & TPX loops into California butterfly service
  • Hanjin restarts service to Japan through Le Havre
  • Japanese shipbuilders to focus on fuel efficiency to regain market
  • MOL adopts low-friction ship-bottom paint
  • Moody's grades box shipping better than dry & liquid bulk
  • MSC announces rate restoration by $ 250 per TEU
  • Prospect of 20 pc rise in operating costs looming over shipping firms
  • Upgrade & new consortium for SWAX service announced
  • Edible oil imports to fall due to record output
  • India may emerge as US Exim Bank's top mkt
  • Draft of proposed new Ports Act in place
  • MbPT allotting pre-delivery inspection area to boost automobile exports
  • Plans afoot to set up lucrative ship-repair hub at Cochin Port
  • Plans for port in south Myanmar
  • SEZ exports climb 23 pc

International Transport Journalweb site
JULY 25, 2011
  • Maersk joins the World Ocean Council
    The A.P. Moller - Maersk Group has joined the World Ocean Council to support global leadership and collaboration on ocean sustainability. Through its signatory to the World Ocean C...
  • CMA CGM to launch a new service between Asia, Fiji Islands and New Zealand
    CMA CGM Group recently announced the launch of a new service connecting Asia, Fiji Islands and New Zealand, effective July 18th, 2011. Named ANZEX, this new weekly service will dep...
  • Continental further expands in Russia
    Continental banks on the Russian market: the tyre manufacturer is going to invest EUR 220 million in a production plant in Kaluga (Russia), 170 km from Moscow. The new factory is s...
  • Ritter Logistik banks on sustainable technology
    The German Ritter Logistik, based in Langenhagen/Hanover and Magdeburg, is going to introduce a Mercedes-Benz Atego BlueTec Hybrid as one of the first 35 European customers from th...
  • New shuttle connections between the northern ports to Enns and Vienna (Austria)
    The Austrian container logistics provider IMS is going to increase the frequency of trains for the Austrian container shuttle. From the beginning of August the container operator i...
  • Quehenberger Logistics expands to Croatia
    The Austrian logistics provider Quehenberger Logistics has opened their first branch office in Croatia which firmly establishes their presence in the Balkan region with their locat...
  • Air Bridge Cargo Airlines extends agreements with Fraport
    Air Bridge Cargo Airlines (ABC) has extended its agreement with Fraport-Subsidiary Fraport Cargo Services (FCS) for cargo handling at Frankfurt/Main Airport until 2016. ABC has als...
  • Geodis and Kiala enter strategic alliance
    The new strategic partnership with Kiala strengthens Geodis' e-business offering. French domestic express delivery operator, Geodis, and Kiala, Europe's number-one networ...
  • Kuehne + Nagel acquires Dutch perishables logistics operator
    Kuehne + Nagel announced that it has entered into an agreement to take over J. van ...
  • duisport: Significant growth in all goods segments
    After it was possible to set a new record in container handling last year, the figures to the middle of the year confirm this positive development. Thus container handling on the t...
  • INTTRA Selects Jeffrey Ganek to Join its Board of Directors
    INTTRA, the leading provider of e-commerce solutions for the ocean freight industry, announced recently that Jeffrey Ganek has been appointed to its board of directors. Ganek is th...
  • UAE is represented by NAFL awardee for YIFFA 2011
    The United Arab Emirates will have a representative at the prestigious Young International Freight Forwarders Award (YIFFA) 2011 in the person of 24-year-old Niranjan Venkatesh, wh...
  • Swissport signs new contracts with TNT and Icelandair in Belgium
    Swissport International, the world's leading provider of ground services to the aviation sector, has sealed renewal contracts with TNT and Icelandair covering their cargo handling ...

Marine Logweb site
JULY 25, 2011
  • Grand Isle Shipyard purchased by NANA Development Corporation
  • Gulmar newbuild diving/ROV support vessel heads for Brazil
  • B.C. provides $40 million backing for Seaspan NSPS bid
  • SeaRiver Maritime signs deal to build two tankers at Aker Philadelphia
  • Docklift confirms first contract for Type 0 heavly lift vessel
  • MOL adopts new low-friction hull paint

World Wide Shipperweb site
JULY 25, 2011
  • Port of Tacoma sees rise in year-to-date container volumes
  • Ceremony marks christening of Hamburg Sud container vessel
  • Mitsui O.S.K Lines using low-friction paint on vessel hulls
  • Crowley taps Cole Cosgrove as marine operations vice president
  • Top Ships Oks sale of drybulk vessel AMALFI

Lloyd's Listweb site
JULY 25, 2011
  • Aframax asset values could see downwards revision
    Two tanker sales due today (tues) have the potential to push prices down
  • Hopes of three-year high for Middle East to Asia LPG rate
    High levels of fixing should continue this week and draw down the list of available spot ships, but momentum could slow down in a month or two
  • GasLog order in South Korea
    Gaslog has ordered a liquefied natural gas carrier for $200m from South Korea
  • Activity picks up after Bangladesh extension granted
    High Court allows Chittagong yards to import vessels for scrapping until October ' what happens thereafter is still not known
  • Petrobras earmarks $17.6bn for fleet and logistics drive
    Petrobras has earmarked $17.6bn for fleet expansion and logistics improvements in its latest five-year plan, from 2011-2015, as the Brazilian energy company continues to develop oil and gas fields in the South Atlantic, which will need a growing volume of tonnage to carry the fossil fuels
  • State Department insists on guards for US vessels
    Assistant Secretary of State turns to owners for input over measures to fight piracy
  • What is fuelling Greek rise in LNG?
    Traditional owners can see an emerging liquefied natural gas market, even as ailing dry bulk and tanker markets prod them to look elsewhere
  • Safety first in the dash for gas
    As more vessel types take up the cost and environmental benefits of gas-powered shipping, it is becoming increasingly important that crew are trained properly in its use
  • Let's blow an inverse trumpet fanfare for the Top 100
    Annual container ports throughput report gives a fascinating insight into the physical flow of goods
  • Ignore the politics: carbon is now a commercial imperative
    Any waivers in European Union efficiency rules will be meaningless if owners cannot sell on their ships
  • What happens next?
    Though IMO agreement to cut CO2 emissions was patched together, it is at least binding
  • Blue Water inks cargo heating deal with ST Shipping
    Improved fuel consumption to reduce impact on environment
  • Paris and Tokyo Memoranda launch concentrated inspection campaign
    Action starting at the beginning of September will focus on structural safety and the Load Line Convention
  • CAP reporting time cut
    Bureau Veritas tanker assessment down to one month
  • Down to business
    Guide gives advice on contracting underwater maintenance
  • Van Oord hits back at claims of Mombasa illegal dumping
    Dutch dredging and marine engineering operator denies reports that spoil from $60m Likoni channel project has been seen closer to the shore than expected
  • Stratos acquires Blue Ocean Wireless
    Operational assets of US GSM services provider bought by Inmarsat company
  • Seafarers receive widespread praise for postponing strike action
    Crews are protesting against pension cuts as government strives to reduce Greek deficit
  • Putting troops on ships
    Armed guards may well be a necessary evil but proposals to use UN troops rather than private security are infinitely preferable
  • Net benefits
    WiFi internet access is the sort of thing that would represent a quantum leap in the quality of a seafarer's life, yet ports are shunning it
  • Deepwater Horizon investigators delay report yet again
    Findings seen as crucial to future US oil spill legislation held back for at least 30 days
  • Oaktree builds up stake in Eagle Bulk
    Dry bulk investment complements cash injection in tanker major Genmar
  • Singapore opens $21m vessel tracking centre
    MPA aims at making vessel traffic safer and more efficient
  • Rickmers Maritime sees no quick escape from financial fetters despite rise in profit
    Singapore listed trust raises distribution but does not anticipate freeing itself from restrictions imposed in debt restructuring
  • APL freight rates see further drops
    Container line blames weak Asia-Europe trade for 13% fall in average revenue per feu
  • Qatar Navigation profits halve as purchase skews results
    Acquisition of Qatar Shipping sees profits drop to $114m, while operating profits rise
  • TOP Ships to take book loss on handymax sale
    Amalfi is second vessel shed from dry bulk division within a month
  • Grimaldi wins concession for Barcelona ferry terminal
    Italian ro-ro and cruise group seals 15-year deal over the 60,000 sq m Muelle Costa passenger and freight facility
  • Bulker and tanker rates fail to ignite at end July

Fairplayweb site
JULY 25, 2011
  • Danaos sees softening
    CONTAINERSHIP lessor Danaos today reported a smaller loss for its second quarter but warned on negative market trends
  • Aker Philly courts Exxon
    AKER Philadelphia confirmed today that it may win the first US orders for crude tankers in a half decade
  • Greek secondhand buys rise
    GREEK secondhand purchases rose 30% in the second quarter from first-quarter levels, Fairplay was told today
  • S Africa coal miners strike
    A STRIKE by coal miners in South Africa might affect exports if it stretches for longer than a fortnight, according to analysts
  • Cruiser overboard search ends
    US COAST Guard teams have called off their search for a young passenger of Holland America's Oosterdam who went overboard in Alaska. Search ends for overboard Alaska passenger
  • Savannah box totals rise
    MARKET share gains and a stabilising US economy helped drive box volume increases at Savannah in fiscal 2011, the Georgia Ports Authority said today
  • Ship blaze erupts at Black Sea port
    A BULKER fire is reportedly raging today at Midia-Navodari, a small Romanian port just north of Constantza on the Black Sea
  • Petrobras pumps up E&P
    BRAZIL'S oil major Petrobras will significantly increase its future production spending, supporting the rise of a major new tanker trade
  • SeaFrance plans to cut jobs, service
    TROUBLED ferry operator SeaFrance told Fairplay today it plans to cut more jobs and withdraw one of its four vessels from service
  • Top takes second hit
    NASDAQ-listed Top Ships has announced the sale of yet another bulker at a loss as it seeks to meet its debt obligations
  • Qatar Navigation calls profits fall 'skewed'
    QATAR Navigation's net profits dived in the first half, but the company said today the result was skewed by its purchase Qatar Shipping
  • Putin slashes quota of pork imports
    RUSSIAN Prime Minister Vladimir Putin has ordered a 31% reduction in the quota of imported pork allowed for next year
  • Zanzibar ship safety crackdown sought
    THREE ship accidents in Zanzibar this month have sparked a legislative call for a safety crackdown
  • Oaktree takes Eagle stake
    PRIVATE equity firm Oaktree has disclosed purchasing 7.8% of common shares of Eagle Bulk Shipping
  • US tanker waivers assailed
    US SHIPPING interests are riled over the Obama administration's use of Jones Act waivers to transport oil from the Strategic Petroleum Reserve

The Journal of Commerceweb site
JULY 25, 2011
  • Rockefeller Calls For FAA Reauthorization
    U.S. Senate Commerce Committee Chairman John D. Rockefeller IV on Monday called on top U.S. House Republicans to convene a...
  • Customs Reports Progress on ACE
    Pilot testing of the ocean and rail manifest systems in the U.S. Customs and Border Protection's Automated Commercial Environment is...
  • Canadian National Adjusted Profit Rises 8.2 Percent
    Canadian National Railway's second-quarter profit rose 8.2 percent before counting a charge for net deferred income tax, to $611 million...
  • Diesel Prices Rise for Third Consecutive Week
    Diesel prices across the United States increased 2.6 cents in the week ending July 25, rising for the third consecutive...
  • FMC's Lidinsky Studying Prince Rupert Impact
    Federal Maritime Commission Chairman Richard Lidinsky said the FMC has been asked by West Coast members of the U.S. Congress...
  • ILA's Hughes Offers 'Full Support' to Daggett
    Richard Hughes Jr., who is not seeking re-election as International Longshoremen's Association president, said Harold Daggett has his "full support"...
  • Dennis Daggett to Head ILA Atlantic District
    Dennis Daggett, son of International Longshoremen's Association president-in-waiting Harold Daggett, is the new president of the ILA's Atlantic Coast District,...
  • YRC's Welch: We Must Demonstrate Value
    YRC Worldwide must demonstrate its value to shippers, logistics providers and its own employees to survive and succeed, new...
  • Canada's Purolator International Expands in US
    Canadian logistics provider and package carrier Purolator International opened a facility in Minneapolis as it rolls out an "aggressive" expansion...
  • Hamburg Sud Stops Chassis Service at Oakland
    Hamburg Sud will stop providing chassis for merchant haulage in and around the Port of Oakland as of Sept. 15,...
  • DOT Stimulus Project Payouts Near $30 Billion
    The U.S. Department of Transportation's payments to states for completed stimulus projects reached $29.92 billion as of July 15, and...
  • Chevron Contracts Dockwise's New Heavy-Lift Ship
    Dockwise signed the first contract for the world's largest heavy-lift vessel with U.S. oil company Chevron for a undisclosed...
  • Georgia Ports Report Double-Digit Growth
    Container, auto and breakbulk volumes at Georgia's two deep-water ports surged at double-digit rates in the 12 months of the...
  • Virginia Governor Sacks Most of Port Board
    Virginia Gov. Bob McDonnell replaced 10 out of the 11 members on the board that oversees the Virginia Port Authority...
  • Rickmers Trust Profit Surged in Second Quarter
    Containership owner-charterer Rickmers Maritime Trust said Monday that its net profit in the second quarter surged by 1,302 percent year-over-year...
  • Third Parties on the Rise
    In its first full year of operations as a U.S. third-party logistics operator, Echo Global Logistics took in $33.2 million...
  • Ocean Carriers Skip Congested Indian Port Calls
    Severe terminal congestion at India's Port of Nhava Sheva (Jawaharlal Nehru) spurred major ocean carriers to skip calls at the...
  • NOL Volume Up, Average Revenue Falls
    Neptune Orient Lines said its container handling increased 5 percent year-over-year in the four-week period from June 4 to...
  • Natural Gas Hits the Road
    There may be a strong case to be made for using natural gas to fuel the country's heavy-duty trucks, but...
  • Railroads Point the Way
    Some of the most up-to-date readings of the economy and detailed forecasts for where it's headed will appear this week...
  • Gate Expectations
    Matthew "Bo" Bates thinks many ocean carriers have left their customers in the lurch. As a growing number of container...
  • As the Water Churns
    These past couple of weeks showed serious signs of déjà vu for the shipping and trade sector. Just when you...
  • NY-NJ's Moving Target
    The Port Authority of New York and New Jersey will replace fewer old trucks than expected under a $28 million...
  • Slow-Steaming for Surcharges
    In their original proposal for the 2011 contracting season, ocean carriers announced through the Transpacific Stabilization Agreement discussion group they...
  • Running on Empty
    The peak season is at hand in the eastbound trans-Pacific, but freight rates are dropping steadily and carriers are pulling...
  • Pioneering AFL Sets Sail
    The AFL New England made its inaugural call at Boston on July 19, officially kicking off the vessel's Halifax-Portland, Maine-Boston...
  • Marine Highways' Next Stop: Washington
    Logistics 101 states shippers want reliable service at a competitive price. Trucks and trains have certainly met that need, but...
  • Building Toward an Answer
    Suddenly, infrastructure spending is catching fire as a national political issue. In the middle of a high-stakes faceoff with...
  • Export Driven?
    We're a year into the National Export Initiative's five-year plan to double U.S. exports. We're also some 16 months from...

Containerisation Internationalweb site
JULY 25, 2011
  • You cannot rely on self-regulation in container shipping
    The mandatory fitting of seat belts to motor vehicles around the world in the 1960s and 1970s had little effect on reducing road deaths until such use was made compulsory
  • Indonesia 'not up to speed'
  • CSCL Mercury joins Asia - Europe melee
  • 'Stressful days ahead' in financial markets
  • DP World looks to harness the sun in Mumbai
  • German owners push for armed protection

TradeWindsweb site
JULY 25, 2011
  • Danaos narrows loss
    Interest rate swaps continue to plague John Coustas-led containership owner as box rates erode.
  • Sinokor tied to DRYS deal
    Brokers finger South Korean operator as a buyer in the recent sale of Greek owner's capesize bulkers.
  • Pdvsa seeks 'dirty' deal
    Brokers dial up Venezuela in bid to cash in on local energy giant's one-year tanker tender.
  • Exxon unit inks tanker duo
    SeaRiver Maritime turns to Aker Philadelphia Shipyard with an order for twin aframax newbuildings.
  • Investors avoid KG funds
    KG funds continue to suffer investor neglect as market uncertainty persists.
  • Petrobras picks Gulmar
    Middle Eastern offshore contractor pens diving-support vessel deal with Brazilian energy giant.
  • Songa scores
    Oslo-listed offshore contractor ties up $268m gig for semisubmersible drilling unit.
  • Danaos crowns CFO
    New York-listed containership owner's finance deputy secures role as John Coustas' top lieutenant.
  • 'Time to be creative'
    With VLCC spot rates less than half what a newbuilding requires to break even, Poten says some owners will need to think laterally to ride out the storm.
  • Romanian yard fire out
    But Syria linked FGM Ship Management is unable to report on extent of damage to handysized bulker.
  • Sell, sell, sell
    Cantor Fitzgerald analyst tells investors to offload shares in NAT, Genco and Freeseas amid lower earnings forecasts.
  • Green way to beat bunkers
    Stopford sees pricey bunkers and more efficient ships working in tandem.
  • Charter boosts Rickmers
    New CSAV deal at treble the rate of previous Maersk hire lifts tonnage supplier's earnings.
  • Oaktree in at Eagle
    Investor emerges as significant shareholder in Sophocles Zoullas-led bulker owner.
  • Croatia yard gets new boss
    Croatian businessman Darko Koncar is only months away from signing deal on yard ownership.

American Shipperweb site
JULY 25, 2011
  • DB Schenker to eliminate BAX freighter fleet
    German third-party logistics giant DB Schenker announced Friday that U.S. subsidiary BAX Global will eliminate its dedicated domestic air cargo fleet and instead operate a "non-fixed asset" model by booking customers' freight on other cargo carri...
  • Sweden signs Rotterdam Rules
    The United Nations Commission on International Trade Law (UNCITRAL) said that Sweden has become the 24th country to signed the United Nations Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea, known as the Rott...
  • Shipowners' Club restructures in London
    The Shipowners' Club, which specializes in the provision of protection and indemnity insurance cover for small and specialist vessels, has restructured the departments within its London branch. The London claims and underwriting teams are now organ...
  • PIL restructures, renames Asia/Black Sea loop
    A PIL loop linking the Far East and Black Sea ports has undergone changes in name and structure, according to research from American Shipper affiliate ComPair Data. The line's former SBS service has been renamed BSC, and will be operated with fewer...
  • Kelly to retire from MOL
    Thomas Kelly, executive vice president and chief operating officer of MOL (America), will retire at the end of July, the Japanese container line said Friday. Kelly joined MOL in July 1999 as the regional vice president for the Midwest region. In 20...
  • Hapag-Lloyd adds Halifax/New England feeder
    Hapag-Lloyd said Friday it has started a feeder service connecting Halifax with Boston and Portland, Maine. The service is meant to sync with the liner carrier's services connecting Halifax with Europe and Asia, Hapag-Lloyd said in a service adviso...
  • Purolator opens new Minneapolis branch
    Purolator International, a logistics subsidiary of Canada's Purolator Inc., has opened a new Minneapolis branch. The company said its Minneapolis facility is part of "an aggressive 2011 expansion plan," which re-entered the U.S. market in 2001. "T...
  • Ryder names Cooke U.S., Canada operations head
    Ryder System has appointed Dennis C. Cooke to senior vice president and operations chief for its Fleet Management Solutions business segment in the United States and Canada. Cooke joins Ryder following a 22-year career with GE and related companie...
  • Vanguard names Polish agent
    Non-vessel-operating common carrier Vanguard Logistics Services has appointed Warsaw-based Maritime Transport & Agencies Sp. z o.o. (MTA) to serve as its exclusive agent in Poland. "MTA Scandinavia has been the exclusive Vanguard partner in Scandin...
  • Sohn confirmed as L.A. harbor commissioner
    The Los Angeles City Council on Friday unanimously approved the appointment of Sung Won Sohn to the Port of Los Angeles Board of Harbor Commissioners. Sohn is an endowed professor of economics for the Martin V. Smith School of Business and Economi...

The Bunker Bulletinweb site
JULY 25, 2011
  • Markets mostly firm Monday
    Congestion reported in Rotterdam and Gibraltar.
  • Alfa Laval develops cooling system for Fuel Conditioning Modules
    Unit delivers chilled water to FCMs, keeping temperatures stable.
  • Fujairah firm, Durban IFO dips
    No clear price trend in South Africa amid continued limited supply.
  • Bunker prices and regulations drive fuel efficiency
    Shipyards 'sharpening their energy efficiency models,' says Martin Stopford of Clarkson Research Services.
  • MOL chooses 'low-friction' hull paint
    Carrier predicts improved fuel efficiency.
  • Fuel oil volumes from Middle East set to fall
    Singapore-based trader says East Asian traders can't compete with local cargo buyers.
  • Container line chooses 'super long-stroke' engine
    S90ME-C9 engine from MAN Diesel & Turbo 7% more efficient than other systems.
  • Asian bunker prices up as week opens
    Mixed demand across key Asian bunker hubs on Monday.
  • Valero confirms UK bunkering plans
    London office to handle bunker fuel sales from Pembroke Refinery.
  • Australia to cut fuel tax credits for marine transport
    Tax credit for diesel in marine transport to be cut by more than 6 cents per litre in 2012 to 2013.
  • PIL adopts marine fuel management technology
    Rising bunker costs prompts deal with Emerson.
  • Lanka IOC sees improved bunker sales on restructuring
    Company 'removes bottlenecks' in its supply chain and improves delivery, says chairman.
  • Singapore: Bunkering 'loophole'
    Selling marine fuel in Singapore is not as straight forward as some international traders think.

›››File
FROM THE HOME PAGE
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
Yesterday, 25 ships passed through Hormuz, the highest daily number since April 18.
Singapore
Since March, the average has been 7.6 transits per day
Interferry calls on the EU to implement the EES pragmatically, or to suspend it
Victoria
The upcoming high summer season - the association denounced - risks suffering serious inconveniences
In the first three months of 2026, freight traffic in French ports increased by +3.8%
Paris
General cargo and solid bulk cargo are growing. Liquid bulk cargo remains stable.
BIMCO and Intertanko stress that there are still significant risks to the Hormuz crossing
Copenhagen/London
In April, freight traffic in the ports of Genoa and Savona-Vado Ligure grew by +1.7%
Genoa
The Boards of Directors of the Basins and Maritime Stations Authority have been renewed.
After more than 100 days in the Persian Gulf, Grimaldi's PCTC Grande Torino has passed through Hormuz
Naples
Transit authorized by the Ministry of Foreign Affairs of the Islamic Republic of Iran
US-Iran agreement signed to restore naval traffic through Hormuz
Islamabad/Tehran
Lifting of the American naval blockade and demining of the waters
Assocostieri, port governance reform should take into account the specific nature of strategic energy infrastructure in ports.
Confitarma rejects any form of toll in the Strait of Hormuz.
Naples
Zanetti: We reaffirm the fundamental principle of freedom of navigation.
Federagenti proposes to allocate the concession fees proportionally to Ports of Italy and the AdSPs to finance the new joint stock company
Rome
DP World in talks to build container terminal at Texas port of Corpus Christi
Charlotte/Los Angeles
Container traffic at the Port of Los Angeles grew by 17.2% last month.
Assarmatori criticizes Brussels, but also Rome, for what they are doing to decarbonize the shipping industry.
Rome
Messina: A return to normalcy in the Strait of Hormuz will not be immediate.
US firm Enstructure buys Logistec's US port terminal network
Wellesley/New York/Montreal
It operates a total of 84 terminals in the USA
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
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
››› 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
Last year, cargo traffic in Greek ports amounted to 140.8 million tons (-1.5%)
Piraeus
Goods volumes remained unchanged in the fourth quarter only
The International Container Study Center's board and governing body have been renewed.
Genoa
Filippo Gallo confirmed as president and Paolo Pessina as vice-president
Catani (GNV): allocate ETS proceeds to the development of synthetic fuel production chains.
Rome
Resources - he specified - also for port infrastructures and the reduction of the cost differential compared to traditional fuels
Consultation launched on plans to expand the port areas of Fos
Marseille
The goal is to involve residents and local stakeholders
Somec signs €60 million contract with Finnish shipyard
San Vendemiano
One of the most complex interventions ever entrusted to the Horizons division
Daniele Rossi, former president of the port of Ravenna, has passed away.
Rome
He led the port authority for over eight years
ONE will remove calls in Greece and Türkiye from its Adriatic Service 1 service.
Singapore
In Italy it touches the ports of Venice and Ancona
The first phase of the APM Terminals terminal in the port of Suape has been inaugurated.
Suape
It will become operational in the second half of this year
Container traffic increased in May at the ports of Singapore and Hong Kong
Singapore/Hong Kong
Singapore sets record bunkering levels for liquefied natural gas and pure B100 biodiesel
Vavassori confirmed as president of the Lombardy Association of Freight Forwarders and Haulers
Milan
Albertina Schiavoni and Mario Zini have been appointed vice-presidents
The president of Angopi receives the first professional certificate of competence as a mooring man.
Savona
The certificate must be renewed every five years.
Fincantieri has delivered the new cruise ship Mein Schiff Flow to TUI Cruises.
Hamburg/Monfalcone
With a gross tonnage of approximately 160,000 tons, it has a capacity of approximately 4,000 passengers.
In the first three months of 2026, freight traffic in the port of Palermo decreased by -6.3%
Palermo
Traffic also decreased in the ports of Termini Imerese, Trapani, and Licata. Increases occurred in Porto Empedocle and Gela.
The Antitrust Authority has not given its final approval for the acquisition of Armas' assets and activities by Baleària.
Barcelona
Set a series of conditions
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
VARD to build a new generation fishing vessel
Trieste
It was ordered by the Norwegian company Rosund Drift
Concentration in the UK shipbuilding sector
London
Baleana buys APCL Group (A&P Tyne, Cammell Laird and A&P Falmouth and Falmouth Docks and Engineering)
Royal Caribbean has taken delivery of its new Legend of the Seas cruise ship.
Miami
Built by Meyer Turku, it can accommodate 5,610 passengers
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