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Independent journal on economy and transport policy
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BRIEFS
April 29, 2011
The Business Timesweb site
Shipping News
  • Aussie dock workers renew threat to strike
    Australian dock workers yesterday renewed their threat to strike over pay and conditions, warning that they would stage a 24-hour walkout tomorrow at the nation's three major ports.
  • Grain shipments down 40% on Mississippi
    High water on the Mississippi River has slashed grain shipments about 40 per cent and could pose a threat to exports from the US Gulf, the main exit for agricultural products to world markets, industry sources said on Wednesday.
  • Court to decide Samho's future
    A South Korean court will decide next month the future of privately held chemical tanker firm Samho Shipping, which filed for bankruptcy protection this week, the latest casualty of the distressed global freight market.

Sched Netweb site
  • Good news from Japan: MOL profit up 358pc, NYK, 'K' Line erase 2009 losses
  • China Shipping Container Lines narrows loss to US$22.4 million in first quarter
  • New Asia New Zealand Discussion Agreement bunker surcharge: US$700 per TEU
  • MOL splits Singapore-Mumbai-Karachi (NKX) service into two loops
  • UASC borrows US$140 million to buy nine 13,100-TEU ships
  • Seaspan takes in 8,500-TEU Cosco Vietnam - last of 8 newbuildings
  • Wuhan starts building first public logistics information portal
  • Manzhouli steel exports triple in first two months of 2011
  • Guangxi to increase port capacity 300 million tonnes in five years
  • UPS quarterly profit up 66pc to US$900 million on 7.3pc sales hike
  • Price-fixing Sea Star Line, Crowley settle on US$52 million for shippers
  • South Carolina's Charleston's containers up 12pc from July-March
  • Chemical leak delays sailing of 6,350-TEU Hyundai Oakland in Tacoma
  • Russia's National Container Company launches 'dry port'
  • Canada Pacific Railway quarterly profit falls 67pc to US$35.4 million
  • Air China Cargo commences Dalian-Shanghai-Frankfurt service
  • Huntsville, Alabama, airport sees rail drop, but air cargo rise
  • Qantas adds US$105 fuel surcharge on international prices

Exim Indiaweb site
  • Pinkcity Logistics targets global presence by 2020
  • ICTT breaks national records in operational efficiency
  • Navy warship to be on display at Kandla Port
  • New Mangalore Port berths first main line vessel of fiscal
  • Port Pipavav registers increased EBITDA margins in Q1 2011
  • 10K-cr. freight corridor project contracts to be awarded by year-end
  • CONCOR net up 17 pc in Q4, 6 pc for fiscal
  • India against EU trade concessions to Pak
  • China's economy to overtake US by 2016: IMF

International Transport Journalweb site
APRIL 28, 2011
  • Egyptair continuing daily Bangkok service
    Egyptair is extending its Boeing B777-300ER operation on the daily Cairo ' Bangkok service until 31 May. Previously this service was scheduled to operate until today (28 April).
  • Busiest month at Singapore airport for three years
    Despite declines for passenger movements between Singapore Changi airport and Japan, on the cargo front, March 2011 was Changi's busiest month in three years, with airfreight ...
  • CSX: operating income improves 22 % to USD 773 million
    CSX Corporation reported first quarter 2011 net earnings of USD 395 million, versus USD 305 million in the same period last year. This represents a 36% year-on-year impro...
  • Hub Group: 22% up in Q1/2011
    The US service provider Hub Group reported a net income of USD 10.5 million for the quarter ended 31 March 2011, an increase of 22% compared to last year's first quarter....
  • Volkswagen: more trucks sold again
    The German car manufacturer Volkswagen sold 121,200 trucks in the first quarter of the current year, 36.2% more than in the same time frame in 2010 when a total of 89,000 trucks we...
  • 2010 - a year of strong growth for Arval
    The Arval Group showed a strong upturn in its activities for 2010. Its performance significantly outstripped that of the market with a 10% increase in the leased fleet to reach a t...
  • GATX Rail Europe enters Turkish market
    GATX Rail Europe is entering the Turkish market with the deployment of newly manufactured railway tank wagons. These state-of-the-art, 95 cbm wagons, which are designed to eff...
  • Correction: FedEx in Delhi (ITJ Daily of 18 April 2011)
    FedEx would like to clarify that it currently does not have plans to establish a deep freeze shipping recharge point in Delhi. The recharge capability in India is a Cryoport servic...
  • Port of Long Beach welcomes Grand China Shipping
    Grand China Shipping, one of the fastest growing ocean carriers in China, recently made its inaugural call at the Port of Long Beach CA (USA), when one of its vessels berthed at th...
  • French shipowners call for better conditions in the EU
    The French inland shipowners association CAF (Comit' des Armateurs fluviaux) held its annual meeting in Paris this month (April). One of the conclusions that was drawn...
  • Port of Rotterdam: one million containers in one month
    The port of Rotterdam became the first port in Europe to handle 1 million containers in one month in March. The record was achieved in the evening of the last day of March when the...
  • Fiege signs logistics contract with Frimo
    The German logistics group Fiege has signed a multi-year contract with Frimo, a company based in Lotte, near Osnabr'ck (Germany). Under the terms of the pact Fiege will b...
  • FedEx rolls out EarthSmart programme in EMEA region
    The CEP service provider FedEx Express, owned by the US FedEx Corporation, has officially launched its sustainability programme EarthSmart in Europe, Middle East, Indian Subcontine...
  • UPS: earnings up 66% in Q1/2011
    Business is currently flourishing for UPS, the world's largest parcel service provider. Q1/2011 sales rose by 7% to USD 12.6 billion and the profit vaulted by 66% to USD ...
  • Ceva Logistics appoints Piotr Zborowski as senior VP Eastern Europe
    Ceva Logistics, one of the world's leading supply chain companies, has named Piotr Zborowski as senior vice-president (VP) of Eastern Europe. Zborowski has over 15 years experience...

Marine Logweb site
APRIL 28, 2011
  • Obama nominates Panetta to succeed Gates as Secretary of Defense
  • First Coast Guard FRC launched at Bollinger Lockport
  • Court slashes Horizon Lines fine
  • Indian seafarers protest pirate Asphalt Venture hostage-keeping
  • Yangzijiang Shipbuilding still planning capacity expansion
  • Kirby to invest $100 million in new tank barges

World Wide Shipperweb site
APRIL 28, 2011
  • Bremerton Port Commission taps Thomson as new CEO
  • Ceremony marks naming of new OOCL container ship
  • Latin American Ports congress set for June 22 - 24 in Lima
  • NOL Group honored with Asian Freight & Supply Chain awards
  • Federal funds earmarked to purchase rail cars for Caltrans

Lloyd's Listweb site
APRIL 28, 2011
  • Europe-US medium range tanker earnings hit 30-month high
    Three-day working week due to UK national holidays creates charter rush, taking product tankers off spot market
  • Ardmore acquires two newbuildings from Hellespont
    Two IMO II chemical tankers originally ordered by Hellespont in January 2009 and are being built at Sekwang Shipbuilding in South Korea
  • Sanko sells supramax pair for $38m
    The Sanko Steamship Co is understood to have sold two 13-year-old supramax bulk carriers for $19m each in the secondhand sales market
  • Gazprom secures 31% rise in refined product sales
    Russia's energy giant Gazprom saw its net sales of refined products rise by Rbles168bn ($6bn), or 31%, in 2010 compared with the previous year, mainly due to price increases for refined product
  • Base rates look set to remain low
    The key indicator for the wholesale money market, the six-month dollar London Interbank overnight rate, has flatlined since the credit crunch
  • Growing confidence spurs shipping companies to eye big investments
    CMA CGM's successful bond issue has left other shipping investors eager to grab a slice of the action
  • The age of the Chinamax
    Rise of eastern megacities will drive vast demand for raw materials even higher
  • Naval action has reduced successful pirate attacks
    Success rate of pirate attacks off the coast of Somalia in the first quarter of 2011 was 13%-15%
  • It is time for governments to get a grip on piracy
    Robust laws are required to protect seafarers as the use of motherships has increased the expanse of ocean vulnerable to pirate attack
  • Japan endures
    The big three Japanese lines have slashed their earnings expectations for the year
  • Persuasive facts
    Britain's maritime industry no longer has a household name at its core
  • North Africa and Japan rain on Royal Caribbean parade
    'Spectacular' year now has become merely a 'very good' one, says Richard Fain
  • CSCL falls into the red again
    Continues spending on vessels despite first quarterly loss in a year
  • Cash flow is crucial in debt finance ratings
    Credit rating agencies must be responsive to changing dynamics when evaluating offshore drill firms
  • Harren & Partner secures funding for offshore unit
    Goldman Sachs Capital Partners fronts up after IPO plans dropped
  • Maersk in $1.3bn deepwater drillship order
    Drillships will be capable of drilling wells of greater than 40,000 ft
  • China and India to spearhead Asian growth
    IMF report sees important spillover for other countries in region
  • Owners seek spin-offs to boost asset returns
    Seadrill, Aker and Sevan have all spun off entities
  • Australian dock union face legal action
    Accused of unlawful industrial action
  • Yangzijiang reports strong first quarter
    More orders and higher margins behind positive figures
  • Sekwang Heavy seeks bankruptcy protection
    Joins growing list of South Korean companies in difficulty
  • Ardmore buys Hellespont chemtankers
    Two IMO II chemical tankers originally ordered by Hellespont in January 2009 and are being built at Sekwang Shipbuilding in South Korea
  • International Shipholding revenues fall
    Profits fall in line with declining earnings
  • Ireland demands special dividend from Dublin Port Co
    Government seeks to bolster revenues from profitable state-owned companies
  • Ocean Rig orders second drillship this month at Samsung Heavy Industries
    Declares option on additional unit in order worth $611m
  • K Line warns of 'unpredictable' year ahead as it posts $368m profit
    Says earnings environment for car carrier segment will be 'extremely harsh' in near term
  • NYK slashes profit forecast to reflect impact of earthquake and tsunami
    Warns car transport volumes could 'plummet' as bulk and tanker markets remain 'subdued'
  • MOL posts $700m profit in but steep decline expected this year
    Significant drop in car exports from quake-hit Japan, dry-bulk market slump to take toll

Fairplayweb site
APRIL 28, 2011
  • Flipflop conversions rise
    UPS AND downs in the box and drybulk sectors have resulted in a flipflop conversion trend for leading Chinese shipbuilder Yangzijiang
  • Misrata evacuation finally succeeds
    NEARLY 1,000 people fleeing Moammar Gaddafi's regime were reported evacuated today from the besieged Libyan port of Misrata
  • Sekwang of South Korea seeking receivership
    SEKWANG HI has applied for receivership, an official with the South Korean shipbuilder told Fairplay
  • Subscriber notice
    THERE will be no news bulletins tomorrow or on 2 May because of the UK holiday weekend
  • RCCL trims outlook
    CRUISE major RCCL today reported much better quarterly results than expected but cautioned on the rest of 2011
  • Capesize wiggle room seen
    BROKERS told Fairplay today Capesize rates have improved slightly this week, as Australian miners roll out more cargo approaching May Day and port congestion eases in Brazil
  • VLCC spurt eases
    VLCC SPOT rates are continuing to languish at historic lows, as the spurt of activity earlier this week eased
  • Tracing Samho's troubles
    A KEY counterparty appraiser told Fairplay today that Samho Shipping's troubles first surfaced last year
  • Japan liners warn on profits
    JAPAN'S three major liners said today they expect lower profits this year because of country's quake crisis

The Journal of Commerceweb site
APRIL 28, 2011
  • Court Agrees to Cut Horizon Fine
    A federal court in Puerto Rico agreed to reduce Horizon Lines' $45 million fine for antitrust violations to $15 million,...
  • Dockworkers Sentenced for Payroll Fraud
    Two New York-New Jersey dockworkers have been sentenced after pleading guilty to submitting fraudulent time sheets for hours they didn't...
  • China Shipping Reports First-Quarter Loss
    China Shipping Container Lines said its net loss for the first quarter narrowed 24.1 percent from a year earlier to...
  • American Railcar Cuts 1Q Loss as Car Demand Returns
    American Railcar Industries trimmed its first quarter loss to $5.3 million from $7 million in the 2010 period but reported...
  • Pacer Rebounds From Loss to $2 Million Profit
    Intermodal service provider Pacer International posted net income of $2 million in the January-March period, up from a $500,000 loss...
  • Customs Begins Final Byrd Amendment Payments
    U.S. Customs and Border Protection is distributing the last antidumping duties to be paid to U.S. companies under the "Byrd...
  • LA Clean-Truck Case Goes to 9th Circuit June 10
    The U.S. Court of Appeals for the 9th Circuit on June 10 will hear oral arguments from the Port of...
  • OOCL Names First in 8,888-TEU Series
    OOCL christened its newest ship the OOCL Beijing in ceremonies Thursday at Hungdong -Zhonghua Shipbuilding in Shanghai. The OOCL...
  • Two Charged With NY-NJ Drug Smuggling Plot
    A dockworker at APM Terminals and a Maersk Equipment Service official were charged with conspiring to distribute more than two...
  • ANA Posts $284 Million Net Profit
    Japan's All Nippon Airways posted a net profit of $284.15 million in fiscal 2010, which ended on March 31, compared...
  • China Cosco Swings to First-Quarter Loss
    China Cosco Holdings swung to a loss of $77.3 million in the first quarter ended March 30 as global vessel...
  • RailAmerica Posts $4.1 Million 1Q Profit
    Short line operator RailAmerica swung to a $4.1 million net gain in the first quarter from a $2.5 million loss...
  • Port of LA Plans $3 Billion for Expansion
    The Port of Los Angeles in the coming decade will spend more than $3 billion to deepen its access channel,...
  • Japanese Government Submits Reconstruction Budget
    The Japanese government on Thursday submitted a supplementary budget of $48.8 billion for reconstruction following the March 11 earthquake and...
  • German Inland Containers Surge 18.4 Percent
    Container traffic on German waterways surged 18.4 percent to a record high in 2010, outpacing a 12.8 percent growth in...
  • Trinity Profit Soars, Railcar Orders Hit Record High
    First quarter net income for transportation equipment supplier Trinity Industries was nearly six times higher than a year earlier at...
  • 'K' Line Earns $368 Million, Forecasts Lower Profit
    Japanese carrier 'K' Line reported $368 million in net income for its just-ended fiscal year but forecast lower profit and...
  • NYK Reports Profit, Reduces Forecast
    Japanese shipping conglomerate NYK Line reported a $912.7 million profit for its just-ended fiscal year, reversing a $187.5 million loss...
  • Genesee & Wyoming to Launch Antwerp Service
    Genesee & Wyoming, the U.S. short line and regional rail company, will launch dedicated terminal shunting and feeder services in...
  • Japan Industrial Output Takes Record Tumble
    Japan's industrial production fell at its fastest pace on record in March, tumbling 15.3 percent from February, according to preliminary...
  • MOL Earns $700 Million Profit for Year
    Japanese ocean carrier Mitsui O.S.K. Lines earned $700 million net profit for its fiscal year ended March 31 but forecast...
  • Nevada Governor Names Rep. Heller to Fill Senate Seat
    Nevada Gov. Brian Sandoval, R, said he will appoint Rep. Dean Heller, R-Nev., to replace John Ensign in the Senate...

Containerisation Internationalweb site
  • Samudera ahead on volume and profit
  • Softship strengthens southern hemisphere coverage
  • APM T Pipavav posts strong Q1 11 results
  • Brado to bump boxes up to 500,000 per annum
  • Maersk signs up with Freightliner again

TradeWindsweb site
APRIL 28, 2011
  • Judge cuts Horizon fine
    US liner operator scores major victory in federal court as judge reduces $45m antitrust fine to $15m.
  • OIG turns to private equity
    Harren & Partner and Goldman Sachs plough $500m into offshore owner following failed IPO in Oslo.
  • CCHC covered in red ink
    Bulker and boxship wing of Cosco group fingers lacklustre freight rates and oversupply in $77m loss.
  • LNG & offshore lift Exmar
    Belgian gas owner sends CFO Didier Ryelandt to Houston to head offshore unit following profitable quarter.
  • HRZ jumps on DoJ motion
    New York-listed liner owner's stock jumps 14% as US Department of Justice asks judge to slash $45m fine.
  • Concordia predicts profit
    President of Swedish shipowner predicts full-year profit despite sluggish pace of product tanker rebound.
  • Cosco eyes port plays
    Chinese group's boss Wei Jiafu ready to go "bottom-fishing" for terminal assets.
  • Havyard boosts core profit
    Saevik family controlled shipbuilder pushed up EBITDA in 2010 as cost controls help overcome a fall in revenue.
  • RCCL feels global tremors
    But company remains on track for strong 2011 despite downturn after roaring start.
  • Sanko sells supramax pair
    Japanese owner offloads bulker brace in the latest example of sliding asset values in the sector.
  • Daiichi storms back
    Japanese bulker owner turns around big loss in previous year as revenue grows.
  • Sekwang seeks protection
    Order drought, derivatives losses and banks' refusal to back refund guarantees pushes South Korean shipbuilder to the edge.
  • Ardmore expands fleet
    Anthony Gurnee does a buy two, charter two, chemical carrier deal with Hellespont.
  • Garware targets duo
    Indian offshore owner wants to seal $110m deal for large PSV acquisitions within 18 months.
  • Aus dockers to strike
    Port workers walking out at Melbourne, Sydney and Brisbane on Saturday over pay.
  • KLC duo to boost Scorpio
    Analyst pushes up estimates for New York-listed owner after $70m double buy amid talk a dividend is around the corner.
  • ISC profits skyrocket
    Split with DryLog sees New York-listed company hit $18m jackpot.
  • Rem toasts oil price rise
    Age Remoy-led owner says higher value of the black stuff has created 'great expectations' in the market.

American Shipperweb site
APRIL 28, 2011
  • CBP: Export license decisions resolved faster
    Improved inter-agency collaboration and techniques have significantly contributed to reducing the timelines for U.S. export license determinations, said Todd Owen, a top supply chain security official at U.S. Customs and Border Protection. CBP's n...
  • UPS Airlines names VP flight operations
    UPS has named Matt Capozzoli as vice president of flight operations for UPS Airlines. He replaces Capt. Rick Barr, who is retiring after 23 years at the company. Capozzoli, 52, joined UPS in 1977, working in ground operations as a package handler, ...
  • CTSA raising currency fee again
    Member lines of the Canada Transpacific Stabilization Agreement will once again raise the currency adjustment surcharge they assess on shippers as of June 1. The fee will increase to 10 percent. It's currently at 8 percent, but will rise to 9 perce...
  • Hamburg Sud taking slots on three services
    German container line Hamburg Sud has joined three services as a slot buyer, according to research from American Shipper affiliate ComPair Data.The line has joined MOL's CSW services between China and the East Coast of South America by way of South...
  • Government proposes to slash Horizon fine
    The U.S. Justice Department, which earlier this year fined Horizon Lines $45 million for participating in a price-fixing conspiracy with competitors in the U.S. mainland to Puerto Rico trade, is now seeking to reduce the fine to $15 million. "The r...
  • Japan's big 3 net big 2010 profits
    Japan's big 3 net big 2010 profits Japan's big 3 net big 2010 profits Japan's three major container lines on Thursday reported collective operating profits of more than $1.2 billion for their fiscal year 2010, a major recovery from the $1.8 billio...
  • Maersk cuts transpacific leg of long-line service
    Maersk Line has significantly changed one of its core long-line services connecting Europe and the U.S. West Coast with Asia as the pivot, according to research from American Shipper affiliate ComPair Data. The line's former Asia-Europe-transpacif...
  • Norfolk Southern says profit up 26%
    Norfolk Southern said it had first quarter net profit of $325 million 26 percent higher than the $257 million earned in the same 2010 period, Railway operating revenue for the quarter ending March 31 was $2.6 billion, 17 percent higher. General me...
  • International Shipholding reports profit
    International Shipholding Corp. reported first quarter net profit of $24.1 million compared to net profit of $10.6 million in the same 2010 period. The higher profit came even though revenue was lower: $64.3 million in the first quarter compared to...
  • Issue deep and wide

The Bunker Bulletinweb site
APRIL 28, 2011
  • Middle East prices mixed
    "Good times for Suez bunkering market", a player told Bunkerworld.
  • Maersk sees 'no major role' for biodiesel
    Trial vessel is now equipped to test 'other emerging fuel types' that can reduce environmental footprint.
  • Refiner to cut 'bunker grade' fuel oil cargoes
    Traders say loss of Essar Oil's output is 'significant' for marine fuel market.
  • Bunker prices mostly up
    In Gibraltar, a supplier reported tight avails with earliest delivery from May 3.
  • Testing agency sets up office in Hambantota
    'There are enormous opportunities,' says S B Consortium.
  • Low-emission Ro-Pax ferry study gets underway
    Green Ship of the Future confirms dates for information meetings.
  • Bunkers prices up at major ports
    Demand for bunkers mostly average on Thursday.
  • Vopak sells remaining share in inland barge company
    Interstream has a 'limited strategic fit' within Vopak's global terminal network strategy, says company.
  • NuStar to see 'increased earnings' from bunker business
    Fuels marketing to contribute up to $8 million increase in EBITDA in Q2 2011, says CEO and president of NuStar Energy.
  • Samho Shipping files for receivership
    Blames high bunker prices, low freight rates and costs related to piracy attacks.
  • Sinopec Zhoushan starts MGO deliveries at Chinese ports
    MGO sourced from a South Korean refinery.
  • High bunker prices 'positively impact' barge operator's earnings
    Raises earnings guidance for Q2 on back of expected 'accretive earnings' from recent acquisitions including the bunkering operation of Enterprise Marine.

›››File
FROM THE HOME PAGE
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
In decisa crescita il traffico delle merci nei porti tunisini
Nel trimestre aprile-giugno è stato di 7,4 milioni di tonnellate (+8,8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
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.
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
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.
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
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
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
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
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