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Independent journal on economy and transport policy
09:23 GMT+2
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BRIEFS
August 3, 2012
Sched Netweb site
  • MSC to up Asia-US west/east coasts rates, rail links from September
  • OOIL profit down, but box unit revenues increase 5pc to US$2.8 billion
  • Hanjin slashes loss as quarterly revenues rise 18pc to US$2.4 billion
  • CEVA quarterly pre-tax profit falls 13.6pc, but revenue increases 5.5pc
  • DP World first half volumes up 7.5pc to 28 million TEU, but pace slackens
  • UK's Graig Group places order for three 2,000-TEU box ships from Jinhai
  • Antwerp, Marseilles overall cargo off in first half, but boxes hold steady
  • Guangdong will devise new plan for Pearl River Delta port development
  • China boosts railway spending to help reverse slowing economic growth
  • Kuehne + Nagel to provide global ocean freight management for Metro Group
  • Geodis profit up 6pc despite lower volume, Euro-crisis pricing pressure
  • Hactl welcomes air cadet fact-finding tour at Hong Kong airport
  • Cargolux hunts for CEO as Regimen resignation rekindles rumours of clash
  • JD Neuhaus supplies centralised pneumatic handling system for four hoists

Exim Indiaweb site
AUGUST 2, 2012
  • FFFAI delegation meets WCO chief
  • Kale's CAPELLA CFS/ICD management system now available on Microsoft Windows Azure
  • Maersk Line vessels benefiting from KPIs
  • Shreyas Shipping inducts OEL KOCHI for coastal trade
  • ICTT Vallarpadam registers record monthly throughput
  • Shipping Minister reviews capacity augmentation projects at three west coast Major Ports
  • India pips China in export growth rate: WTO
  • June exports drop 5.45 pc to $ 25.06 bn
  • Dinesh Gupta elected President, Anil Jain Vice-President of Gandhidham Chamber
  • Rain gods, please save our economy

Marine Logweb site
AUGUST 2, 2012
  • Crowley Liner Services issues statement on plea agreement
  • NNS school is "Apprenticeship Innovator and...
  • Bisso Towboat takes deliver of ASD tractor tug newbuild
  • Smit Lamnalco orders RAstar ASD tugs
  • Obama nominates Art Sulzer for Seaway advisory board
  • First of new series of Platform Supply Vessels for Brazil

World Wide Shipperweb site
AUGUST 2, 2012
  • Hanjin Shipping to restart calls to Port of Portland container terminal
  • Port of Los Angeles reports emissions programs working
  • Parsons Brinckerhoff taps Snyder as senior supervising engineer
  • Inchcape Shipping Services eyes possible strike in Argentina
  • General Dynamics completes deal for Earl Industries' ship repair division

Lloyd's Listweb site
AUGUST 2, 2012
  • HSBC sells its shipping services division
    Bank says its still committed to shipping
  • US sanctions: who stands to lose out on Iran trade?
    New measures from Washington could bring more than just oil trades with Iran to a halt
  • BP tanker fixtures rise 15% this year
    Indian refinery helps to boost tanker charters
  • Pyxis confirms tanker order
    Deal for single MR2 vessel was struck months ago but surfaces now
  • Cheniere achieves final investment decision
    Cheniere inches towards final approval for planned Sabine Pass liquefaction trains
  • Offshore vessel opportunities as the Chinese buy into the North Sea
    New interest in region will boost activity for offshore support vessels
  • Global boxship fleet still growing
    With 5,062 vessels active on liner trades, data reveals the top 20 carriers control 85% of the 16.2m teu total
  • Seaspan foregoes $267m undrawn loan
    Decision reflects strategic expediency, say top executives
  • Seaspan narrows its second-quarter loss to $6.7m
    Independent charter owner boosts normalised earnings in second quarter
  • Spot market activity slumps for 15-year-old VLCCs
    Older tankers' share of fixtures falls from 23% in 2009 to 12% so far this year
  • Scorpio says benchmark product tanker routes do not show real story
    New triangulation trade patterns mean product tankers earn more than investors and analysts think
  • German banks finance KG vessel sales
    Hamburg financing company AHS buys Clou Ocean at discount price
  • Sami forces all members to apply for accreditation
    Only 10% have passed through stage one of programme
  • Sanko Mineral poised to sail free from Baltimore after three-month stay
    Liquimar, Knightsbridge, WBC and cargo interests agree to drop proceedings
  • Atlantic supramax cargoes postponed after strike in Argentina
    Spot market rates remain stable, though
  • BHP Billiton could downsize expansion of Port Hedland
    Weak iron ore market is leading miner to reconsider capital expenditure
  • Lower charter rates clip Diana Shipping's earnings
    Cash-rich owner takes steep rate cut on two new panamax charters
  • MarAd rejects APT Title XI application
    Blackstone arm assessing possibilities of asking for another review
  • Uni-Tankers claims smaller tanker markets is looking buoyant
    Danish tanker owner on the acquisition trail
  • Better sentencing
    It is time for a uniform approach to sentencing pirates
  • Crowley Liner Services agrees $17m criminal fine in Puerto Rico price-fixing case
    Total fines collected by Washington increase to $46m
  • OOCL buys equipment for Long Beach
    Cranes worth $346.6m contracted for leased terminals in California
  • Pirates free seven Albedo crew for $1.2m pay-out
    Confusion surrounds the fate of 14 seafarers said to remain captive in Somalia
  • Pacific Basin eyes joint venture to execute ro-ro exit
    Berglund seeks quick get-away from loss-making unit
  • Tung warns of weak peak as rate recovery slows
    Idle ship numbers down despite uncertain prospects
  • Scrap and build is the way forward
    In a vastly overtonnaged market, systemised scrapping is the way forward
  • Feeling peaky?
    Sluggish global economy dims prospects for high-season box demand
  • RBS nationalisation would harm ship finance, say experts
    Financiers debate whether Commerzbank ship finance exit sets a precedent
  • SinOceanic board worried about GCL connection
    Common shareholder could pose asset arrest problems for boxship tonnage provider

Fairplayweb site
AUGUST 2, 2012
  • MARAD denies APT bid
    MARAD administrator David Matsuda has rejected APT's application for Title XI loan guarantees, shortly after APT took the US government to court
  • Delhi to back insurance for Iran's tankers
    INDIAN maritime insurers will offer government-backed insurance to Iranian tankers to help resume oil trade with Tehran despite international sanctions, IHS World Markets Energy reported today
  • Rate fall weighs on Diana
    SIMEON Palios-led Diana Shipping today reported falling profits and more charters rolling over to lower rates, counterbalanced by a growing cash position
  • Profits drop 13% at COSCO's yard unit
    COSCO Corp (Singapore) said net profits fell by 13.3% to S$27.6M ($22M) in the second quarter ended 30 June
  • NY&NJ joins ship fuel incentive push
    VESSELS that cut air emissions will receive financial incentives from the Port Authority of New York & New Jersey
  • Rosneft swings to losses
    RUSSIA'S government-owned oil giant Rosneft said it had swung to net losses of 8Bn rubles ($247.8M) in Q2
  • Genco scores debt relief
    NYSE-listed Genco has obtained a crucial agreement from lenders to push back amortisation payments and extend covenant waivers
  • OOCL profits drop by 70%
    HONG Kong-listed Orient Overseas International Ltd today posted $43M in profits for its box subsidiary OOCL, a 70% drop from the same period last year
  • Seaspan beats Street
    GERRY Wang-led Seaspan has reported higher adjusted profits and the finalisation of a Chinese loan to support its newbuilding programme
  • Knight chaos rattles market
    ELECTRONIC trader Knight Capital, which has significant ties to shipping, was hit yesterday by a severe technical glitch that might have affected NYSE-listed NAT and has now forced Knight to "actively pursue" alternatives
  • Trans-Pacific box rise starts
    THE 3% week-on-week increase in Hong Kong/Los Angeles box rates suggests that liners' proposed rise of $500 per feu has had only limited success, a report said today
  • Strikers disrupt Bahia Blanca in Argentina
    A STRIKE continued today at Bahia Blanca's port in Argentina, ISS said
  • Hanjin slashes losses
    HANJIN Shipping posted 1.2Bn won ($1.06M) in losses for 2Q12, down from 274Bn won in losses in the same period a year ago and 338.4Bn won in losses in 1Q12
  • VLCC period fixtures rise
    BROKERS are reporting greater interest in VLCC period booking, with the spot market plunging deeper into negative territory
  • Chinese Goliaths get cosy
    ANSWERING Beijing's call to co-operate in tough times, China State Shipbuilding Corp and China State Construction Engineering Corp have agreed to work closer

The Journal of Commerceweb site
AUGUST 2, 2012
  • Horizon Lines Posts Second Quarter Net Loss
    Horizon Lines reported a $29.8 million net loss for the second quarter but the U.S. domestic ocean carrier's operating results...
  • Matson Sees Rise in Operating Income for Quarter
    Matson Inc. said its second quarter operating income rose while net income was hurt by charges from discontinued operations and...
  • US Intermodal Volume Hit Record in July
    U.S. intermodal traffic on the major railroads in July rose 5.6 percent year-over-year, hitting a record high for the month,...
  • UASC's Vitarana Discusses Trade Outlook Between US, India, Middle East (Video)
    In an interview on the bridge of the UASC container ship Al Sabahia, which was loading and unloading containers at...
  • Genesee & Wyoming Profit Jumps Despite Volume Drop
    Genesee & Wyoming profit jumped 17 percent year-over-year to $36.4 million, as higher fuel surcharges and improved operations helped the...
  • LA Port's Pollution-Reduction Strategy Pays Off
    Harmful emissions from port operations in Los Angeles have declined as much as 76 percent over the past seven years...
  • Crowley Pleads Guilty to Puerto Rico Price-Fixing
    Crowley Liner Services pleaded guilty and was sentenced to pay a $17 million criminal fine for conspiring with other carriers...
  • Maersk Line Ltd. Acquires US Ship Operator
    Maersk Line Ltd. acquired 3PSC, a privately held ship operator based in Cape Canaveral, Fla. Terms of the acquisition...
  • Shippers, Railroads Pitch Dispute-Resolution Ideas
    Major North American railroads and shippers say they support more federally sponsored arbitration, but the carriers can't get onboard with...
  • OCU-Management Talks Continue on West Coast
    In a welcome sign of cooperation, office clerical workers and waterfront employers in Southern California met through the day on...
  • US Opposition to EU Airline Carbon Tax Builds
    U.S. pressure to reject the European Union's carbon tax on international airlines is mounting, with committees in both chambers of...
  • Global Air Cargo Grows on Middle East Strength
    International air cargo traffic increased 1.1 percent in June from a year ago, driven by strong growth in the Middle...
  • ODFL Profit Rises 21.5 Percent to $48 Million
    The slowing economy wasn't a drag on Old Dominion Freight Line in the second quarter. Revenue jumped 12.8...
  • Japan Airlines Net Profit Soars Despite Weak Cargo Numbers
    Japan Airlines said on Thursday that its net profit soared 111.2 percent in the first quarter of fiscal 2012, which...
  • Spot Rates Rebound in Asia-Europe Container Trade
    Spot rates in the Asia-Europe trade rebounded this week after three consecutive weeks of decline as carrier efforts to reduce...
  • CEVA Reports Lower Profit
    CEVA Logistics said its adjusted earnings before interest, taxes, depreciation and amortization fell 13.6 percent to 70 million euros ($85...
  • Auto Emissions Parts Trade Revs Up
    The global trade in auto parts is getting a fuel injection as a result of the growing market for exhaust...
  • Seaspan Reports Improved Results
    Container ship owner-charterer Seaspan Corp. said its net loss narrowed and adjusted net earnings rose amid nearly full vessel utilization...
  • Tropical Shipping Posts Loss
    Caribbean carrier Tropical Shipping posted a $4 million operating loss on $80 million in revenue despite an increase in container...
  • Court Dismisses ABF Lawsuit Against Teamsters, YRC
    A federal judge dismissed a lawsuit that challenged three rounds of labor concessions at YRC Worldwide by claiming the Teamsters...
  • Sept. 1 MSC Rate Hike Is Second in a Month
    Mediterranean Shipping Co. said Thursday that the general rate increase it plans to implement on eastbound trans-Pacific cargo from...
  • Deutsche Post DHL Lifts Earnings Forecast
    Deutsche Post DHL lifted its 2012 earnings guidance after strong demand for its express delivery services in Asia boosted its...
  • First Half Profit Fell 26 Percent at OOCL Parent
    Orient Overseas Container Line's parent company reported a 26 percent drop in operating profit during the year's first half and...
  • Lufthansa Cargo Profit Slumps 60 Percent
    Lufthansa Cargo's operating profit slumped nearly 60 percent in the second quarter to 28 million euros ($34.4 million) from 69...
  • Charter Revenue Doubles at Shipowner Box Ships
    Greek container shipowner Box Ships Inc. more than doubled second quarter charter revenue to $15.44 million from $7.22 million a...
  • ILA, USMX Committees to Meet
    The International Longshoremen's Association and United States Maritime Alliance will hold meetings this month by ILA-USMX committees assigned specific issues...
  • Hanjin to Resume Service to Portland
    Convinced that labor productivity at the Port of Portland has returned to normal, Hanjin Shipping will resume making ship calls...

Containerisation Internationalweb site
AUGUST 2, 2012
  • Asciano invests to improve its Melbourne terminal
    Asciano, which owns Patrick, one of Australia's largest terminal managers/stevedores, is in the midst of a major capital expansion and productivity enhance programme ...
  • Hanjin posts stronger results for H1 as box volumes jump
    Hanjin has seen its container division results pick up for both the second quarter and for the first half of this year on the back of a rate recovery and higher ...
  • Operating profit slides at CEVA
    A combination of the harsher economic climate and declining levels of consumer confidence, especially in Europe, contributed to a sharp fall in profits at the supply ...
  • ICS wants IMO to adjust BWM mandate
    The International Chamber of Shipping is putting pressure on the International Maritime Organization (IMO) to be more flexible in implementing its 2004 Ballast ...
  • DHL doubles up its Shanghai-Dubai LCL link
    DHL Global Forwarding (DHL GF) has started a second weekly LCL service between Shanghai and Dubai while also extending its coverage to Kuwait and Qatar. The move ...
  • Transpac GRI 'fails' to take effect
  • OOCL still steaming in the black
    OOCL, the container arm of Hong Kong-listed Orient Overseas [International] Ltd [OOIL], continued to outperform most of its rivals in the first six months of the ...
  • APM T signs Lazaro Cardenas concession agreement
    Competition is set to increase in Mexico's west coast port of Lazaro Cardenas with APM Terminals (APM T) now confirmed as the new operator of container-handling ...
  • Bigger boxships assist growth at DPW
    Larger ships now being deployed on a number of trade lanes contributed to the 7.5% growth in containers handled by DP World in the first ...

TradeWindsweb site
AUGUST 2, 2012
  • FBR eyes shipping exit
  • MLL goes oceanographic
  • Crowley pleads guilty
  • HSBC hives off shipbroking
    The HSBC banking group is to sell HSBC Shipping Services to a management buy out team.
  • Deutsche downs DryShips
  • Knight falls on its sword
  • PB 'In the zone'
    New Pacific Basin boss Mats Berglund says the shipowner is now in the zone when it comes to expanding its bulker fleet.
  • Smit Lamnalco pens four
    Smit Lamnalco has ordered four new tugs to cover its recently signed contract with the ExxonMobil-led Papua New Guinea LNG project.
  • Diana two tied up
    Ultrabulk takes a pair of Diana panamaxes for two years at lower rates for the NYSE-quoted owner.
  • Diana profit dented
    Falling dry-cargo rates have taken their toll on the second quarter profit of Diana Shipping.
  • Semb Marine steady in Q2
    Sembcorp Marine reported steady profit for the second quarter despite sales jumping by nearly half.
  • BHP cans rumour
    BHP Billiton has poured cold water on claims it is scaling back its expansion plans at the key iron ore port of Port Hedland.
  • MMHE still down
    Malaysia Marine & Heavy Engineering (MMHE) has once again seen a big drop in earnings despite its marine division posting stellar results.
  • Hornbeck misses mark
    A vastly improved showing from its offshore fleet could not pull Hornbeck up to Wall Street's expectations in the second quarter.
  • Seaspan funds trio
    Seaspan Corp has tapped a Chinese bank to help it pay for three giant newbuildings on order at Yangzijiang Shipbuilding.
  • Boskalis enters India
    Royal Boskalis Westminster has scooped a major dredging contract for India's largest container port.
  • MarAd rejects tanker loan
    A simmering battle over American Petroleum Tankers (APT) bid for a US government $340m loan guarantee is set to flare up after the application was rejected.
  • Seaspan short in Q2
    Seaspan has seen its second quarter numbers come up short of expectations.
  • STX in FSO score
    STX Offshore & Shipbuilding is in line for an FSO order from a North American client, local media reports.
  • Hanjin slashes losses
    South Korea's Hanjin Shipping has narrowly missed on a return to profit in the second quarter of 2012.
  • Ezion builds LNG backlog
    Ezion Holdings continues to build on its success in Australia with a fourth contract from the local LNG industry since 2009.
  • Costs dog OOCL interims
    OOCL parent company OOIL has seen interim profits slide by one third as it faced higher costs during the last six months.
  • Box Ships revenues jump
    Box Ships, the Michael Bodouroglou-led containership owner, has seen revenues more than double compared to a year ago.
  • Genco stays in the red
    Genco Shipping & Trading has booked a second quarter loss, but said its lenders agreed to relax some provisions under its credit facilities.

American Shipperweb site
AUGUST 2, 2012
  • ILA, USMX to resume contract talks Aug. 22-24
    James McNamara, the ILA's spokesman, said the union remains optimistic about reaching an agreement following last month's agreement between the union and management on issues involving automation and chassis.
  • Port of NY/NJ to reward 'clean ship' operators
    The port authority anticipates about 600 vessels a year will participate in the CVI program, and it will yield annual emission reductions of 182.2 tons of nitrogen oxide, 38.3 tons of particulate matter, and 264.1 tons of sulfur dioxides.
  • MarAd denies Title XI guarantee to APT
  • Drewry cautions TP rate hikes won't stick
  • OOIL 1H profit recedes
    Orient Overseas (International) Ltd., the Hong Kong-based parent of liner carrier OOCL, said Thursday its operating profit fell 25.5 percent year-on-year in the first half of 2012 to $140 million.
  • Mojix adds RFID to automotive supply chains
  • Xata sees software gains, revenue holds still
  • Hanjin reduces losses in 1H
  • German lines slow joint Mideast loop
  • Ryder buys small U.K. truck leasing outfit
  • Senators urge ILWU clerks, employers to reach deal
  • Wozniak appointed Columbus McKinnon VP
  • CORRECTION: Nordana's U.S. East Coast-West Africa service continues
  • USDA helps release ag shipments overseas
  • Ex-Im Bank expands in Minneapolis
    Since fiscal year 2007 through July 26, 2012, the bank has authorized about $710 million to Minnesota businesses to support $1.4 billion in export sales.
  • U.S. industry welcomes 'Cairo Declaration'
  • ITC: Dominican apparel not benefiting from U.S. trade program

The Bunker Bulletinweb site
AUGUST 2, 2012
  • Market firm in Fujairah
    Prices move up single digits in the Middle Eastern bunker hub.
  • Prices lack direction in major European ports
    Bunker prices hesitate to demonstrate any clear direction.
  • Mauritius supplier invests in extending pipeline network
    New barge can 'bunker beyond port limit'.
  • Maersk releases latest surcharge figures
    Ten dollars added to most routes.
  • Fuel oil stocks climb
    But shortage of on-spec product remains.
  • Shipping consultancy sold to management
    Sale to be complete in fourth quarter.
  • Fuel oil arbitrage East Asia to climb by 46% month-on-month
    But bunker avails expected to remain tight
  • Environmentalists open attack on cruise industry
    'Unfortunately, there are still some holdouts trying to weaken or delay the ECA.'
  • 'Flexible' WFS tightens grip on credit
    Company prepared to 'walk away from a lot of business'.
  • Asian bunker prices at regional hubs buck Singapore trend
    Supplies of marine fuels fine at key Asian ports on Thursday.
  • US marine services firm in $50 million acquisition
    Acquisition of Chemring Marine 'perfect fit' with Drew Marine's strategy, says CEO.
  • South China monthly fuel oil imports fall in July
    Imports down 36% but levels are expected to improve in August.
  • Typhoon hits bunkering ops in Taiwan
    Ports closed and cargo operations suspended due to severe weather conditions.
  • FAL gets new manager as restructuring talks rumble on
    Appointment made at a time when creditors are expected to reject the trader's restructuring proposal.
  • Chimbusco branch meets first half sales target
    Target met despite 'increasingly fierce domestic competition', it says.
  • OOIL posts 33% decline in H1 profit
    Positive operating margin at its box unit 'adversely impacted' by the 'unexpected' increase in bunker fuel, it says.

›››File
FROM THE HOME PAGE
The corrections proposed by Confitarma, ANCI, the Port Authorities and the Italian Competition Authority (AGCM) to the port governance reform
Rome
ANCI proposes the establishment of an equalization fund financed by a share of port revenues to finance environmental mitigation and urban redevelopment in municipalities.
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
Leveraging the revised Block Exemption Regulation to encourage private investment in ports
Constance
FEPORT urges it
The Antwerp-Bruges Port Authority will collaborate in the development of the port of Misrata.
Measured
Project for a new bulk terminal
Bimco, ICS, Intercargo and Intertanko condemn attacks on ships and seafarers in the Strait of Hormuz
London
Call for an immediate cessation of attacks
Container traffic at the Port of Long Beach grew by 31.7% last month.
Long Beach
The overall volume of containers remained unchanged in the first five months of 2026
The Swiss Federal Council proposes extending subsidies for rail freight traffic through the Alps until 2035.
Bern
From 2027 to 2035, 486 million francs would be paid out
So far the number of ships leaving the Persian Gulf is 6-7% of those transited a year ago
Paris
AXSMarine: No Signs of a Long-Term Reopening of the Strait of Hormuz
Global Ports Holding in talks to manage cruise port in St. Vincent and the Grenadines
Istanbul
The terminal currently records an annual traffic of approximately 200 thousand passengers
Investments in Taiwan's ports amounting to 1.8 billion dollars are planned for the period 2027-2031.
Taipei
At the end of the five-year period, annual container traffic is expected to be equal to 15.5 million TEUs
US forces hit a third vessel in the Gulf of Oman
Tampa
The "Jalveer" is said to be carrying a cargo of Iranian oil.
ALLRAIL, CER, ERFA, FEPORT, FTE, UIP and UIRR present their proposal for the European Railway Platform
Brussels
The aim is to ensure market representation from the very beginning of the new European rail capacity governance process.
US Central Command claims responsibility for attack on product tanker Settebello
Tampa/New Delhi/London
Condemnation by the Indian government and the International Maritime Organization
Product tanker hit in Strait of Hormuz region
Southampton/Muscat
One sailor was injured. Two other crew members are missing.
In the first quarter of this year, freight traffic in the port of Civitavecchia decreased by -1.0%.
Civitavecchia
Cruise passengers increase by +32.1%
A merchant ship was attacked in the Gulf of Aden
Southampton
Exchange of gunfire with the security team on board the ship
Gemini Cooperation increases cargo capacity on the Asia-Mediterranean route
Copenhagen
Sea-Intelligence adds additional weekly capacity of 22,402 TEUs
ESPO fully endorses the EU Council conclusions on the Maritime Industrial Strategy
Brussels
The central role of port facilities confirmed
CO2 capture and storage on ships is one of the most concrete and immediately available solutions for the decarbonisation of shipping.
London
This is highlighted in a report commissioned by ICS to Lloyd's Register Advisory.
Antitrust approves Messina Group's acquisition of Terminal San Giorgio
Rome
The Italian Competition Authority (AGCM) has also approved the acquisition by the MSC group of the Asso group's naval maintenance and repair activities (Jobson Italia and UASC UAE).
Rates for ships transiting the Suez Canal are expected to rise.
Ismailia
They will be applied from July 15th. Passenger ships excluded.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
The Council of the EU accepts many of the requests put forward by the associations of the European maritime-port cluster
Luxembourg
However, necessarily, the text postpones the adoption of concrete measures to future legislative initiatives
ESPO calls for proactive use of the EES system to avoid congestion in European ports
Brussels
Ryckbost: Flexibilities activated promptly in exceptional but foreseeable circumstances
Rixi: It is necessary to overcome a maritime ETS that risks shifting traffic and investments to non-European ports.
Luxembourg
What is needed - highlights the vice minister - are incentives and flexibility, not new constraints
Houthis threaten to resume attacks on ships transiting the Red Sea
Sana'a
A total ban on navigation has been declared for all vessels linked to Israeli interests.
Global trade in goods may start to slow down
Global trade in goods may start to slow down
Geneva
This is reported by the latest reading of the WTO Goods Trade Barometer.
The new port road connection to Sampierdarena has been activated in Genoa.
The new port road connection to Sampierdarena has been activated in Genoa.
Genoa
Paroli: the work now allows approximately 900-1,000 heavy vehicles per day to directly access the port's operational areas.
US logistics companies WWEX Group and Auctane announce merger
Milan/Dallas/Austin
Artificial intelligence plays a leading role
The rapporteurs of the Ports Bill defend the governance project centered on the Ports of Italy.
Rome
The Central-Northern Adriatic Port Authority confirms the completion of the projects financed by the PNRR
Ravenna
Benevolo: June 30, 2026 deadline met
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
The Central Adriatic Port Authority announces that it has achieved its objectives under the PNRR
Ancona
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
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
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
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
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
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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
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
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)
Informal hearings of trade union representatives on port governance reform
Rome
At the heart of the critical issues highlighted - confirms Filt-Cgil - is the planned establishment of Porti d'Italia Spa
Venice, the DPSS confirms the need to build new offshore terminals outside the lagoon.
Venice
The Strategic System Programming Document has been approved by the AdSP Management Committee
The Spinelli Group has joined the Italian Association of Port Terminal Operators
Genoa
The company and Assiterminal expressed satisfaction with the resumption of an important association
In the first three months of 2026, freight traffic at UK ports fell by -2.6%
London
More significant decrease (-6.8%) in boarding loads
Mark Hindley is the new president of the European Motor Vehicle Logistics Association
Istanbul
Wolfgang Göbel was elected honorary president
At the Port of Genoa, a tugboat was stopped for irregularities in nitrogen oxide emissions.
Genoa
The vessel is used for the construction works of the new breakwater
In April, freight traffic in the port of Ravenna grew by +21.4%
Ravenna
An increase of +2.5% is expected in May
Sallaum Lines to launch dedicated China-Europe service in 2027
Nanjing
Two new 7,400 CEU PCTCs taken delivery
On June 12th in Naples, an initiative by Filt Cgil on governance in the port sector
Rome
Naval drone found in Romanian port of Constanta
Bucharest
The device self-destructed without causing any casualties.
HJSC receives approval in principle for the construction of a 10,000 TEU biofuel containership.
Athens
It was released from the Korean Naval Register
Global Ship Lease invests $917 million to purchase ten new container ships
Athens
They will be delivered between the fourth quarter of 2028 and the first quarter of 2030.
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
WASS (Fincantieri) and Magellan Agreement on Canada's Underwater Defense
Trieste
Industrial cooperation opportunities in the field of heavy torpedoes and countermeasures will be explored
Solutions to overcome the chronic staff shortage in the Italian maritime sector
Procida
Pagano (Maritime Labor Committee): Digitalization, simplification, and cooperation between training and businesses to overcome the crisis
Maritime training agreement signed by Gente di Mare (Cosulich) and Carnival
Genoa
Di Tizio: This collaboration allows us to bring an international project to the territory
Antipollution (V.Group) orders four eco-friendly vessels from ONEX Shipyards & Technologies
Athens
Option for four additional units
Luigi Merlo to lead MSC Cruises' Italian cruise terminal company
Geneva
Centrone (formerly Fincantieri) takes over as Director of Maritime Policies and Government Affairs for the group in Italy
Spinelli has ordered three new handling vehicles from FTMH
Genoa
A reach stacker for empty containers has already entered service in the group's Livorno depot
Greece's Skaramangas Shipyards and South Korea's HD Hyundai sign cooperation agreement
Athens
The aim is to collaborate in the construction of surface military vessels
AD Ports buys the Brazilian Corredor Logística e Infraestrutura
Sao Paulo/Abu Dhabi
The company handles the largest volume of agri-food bulk exports in the South American nation
The 2026-2028 Three-Year Operational Plan of the Northern Tyrrhenian Port Authority has been approved.
Livorno
Unanimous approval from the Management Committee
Chen Lichtenstein appointed president and CEO of ZIM
Haifa
He will replace the resigning Eli Glickman.
Gianluca Croce has been confirmed as president of Assagenti Genova.
Genoa
The members of the association's board for the two-year period 2026-2028
The Mega Serena ferry has joined the Corsica Sardinia Ferries fleet.
Vado Ligure
It has a capacity of up to 2,000 passengers and over 600 vehicles.
The first steel cutting of the Crystal Grace cruise ship took place in Marghera.
Miami
Fincantieri will deliver the vessel in spring 2028
Palumbo Superyacht awarded 13,048 square meters of mooring space to the Port of Ortona.
Ancona
Central Adriatic Port Authority, guidelines for issuing the single ZES authorization
Port of Livorno: Two new FHP MarterNeri warehouses inaugurated
Livorno
Investment exceeding 23 million euros
The Committee of the Central Northern Tyrrhenian Sea Port Authority has decided to close the institution's state of crisis.
Civitavecchia
New solution for exceptional transport on intermodal trains from FS Logistix and Van der Vlist
Verona
Two aerial platforms transported from Verona to Rostock
Port of Naples: Fire aboard GNV's Phoenix ferry
Naples
Flames broke out in the internal areas of deck 6 of the ship
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