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Independent journal on economy and transport policy
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BRIEFS
July 19, 2012
Sched Netweb site
  • CMA CGM cuts APL link, renews Far East-Red Sea Rex2 with Hanjin, Yang Ming
  • Idle containership fleet increases in size as peak season hopes fade
  • Deep sea tugs sent to quell blaze and retrieve abandoned MSC Flaminia
  • First US-Cuba shipping service in 50 years with the 16-TEU Anna Cecilia
  • Long Beach June volume breaks 2012 record, rising 3.5pc to 280,526 TEU
  • Hong Kong exports increase 1.3pc while imports rise 0.7pc in May
  • International Chamber of Shipping urges EU to allow ship-sharing consortia
  • Chongqing's half-year cargo traffic up 18.8pc to 518 million tonnes
  • Maersk launches its own in-house e-invoicing system called MyFinance
  • Pearl River Delta's Humen first half box volume up 2,795pc to 362,000 TEU
  • Tianjin Port Group to cooperate with Taiwan International Ports
  • Singapore non-oil exports rise 6.8pc in June after 3.2pc May uptick
  • Gujarat Pipavav Port raises funds to finance major expansion works
  • Melbourne container volume increases 7.8pc to 2.58 million TEU in FY12
  • Tons of Rena debris still need to be removed from wreckage site
  • US authorities shift shipping lanes to save whales near San Francisco
  • JN Port must increase box capacity to stay in world's top 30 box ports
  • China's first half air cargo up 4.9pc to 28.7 billion tonnes per kilometre
  • Boeing faces US$13.6 million FAA fines for tardy fuel tank retrofit manuals
  • Troubled US planemakers, Hawker Beechcraft, team up with Chinese firms

Exim Indiaweb site
JULY 18, 2012
  • Container Trade Statistics shows volume slowing in May
  • Drewry forecasts higher freight rates for carriers in 2012 & 2013
  • Govt forms committee to scale up PPP mode in inland waterways sector
  • Graduate high flyers welcomed to SRI's legal internship scheme
  • H1 sees $ 6.1 bn invested in second-hand vessels
  • FTA with EU to boost sagging textile exports
  • Ennore Port gains from ban on dusty cargo handling at neighbouring Chennai Port
  • H1 below par for global transport, logistics
  • 4th round of India-Oz FTA talks likely in Aug.
  • India has investment-friendly climate: Sharma
  • INR turns sharply weak after firm start
  • IMF cuts global growth forecast to 3.5 pc
  • US fires fresh salvo at Iran with sanctions on tankers, front firms

Marine Logweb site
JULY 18, 2012
  • U.S. tanker American Phoenix commissioned by MOTC
  • RFP issued for new Staten Island Ferry design
  • Great Lakes Shipyard completes work on research vessel
  • ClassNK says it will pull out of Iran
  • French company acquires Boatracs
  • AMT sues MARAD over stalled Title XI application
  • HHI to sign $700 million contract for huge spar platform

World Wide Shipperweb site
JULY 18, 2012
  • Maersk Line reaches deal to Continue Port of Seattle calls
  • Department of Agriculture inks shipping container availability report
  • CSX Corporation releases second quarter numbers
  • Inchcape Shipping warns of increased labor woes in Brazil
  • Change of command ceremony held for Coast Guard cutter MIDGETT

Lloyd's Listweb site
JULY 18, 2012
  • Wartsila targets offshore and LNG as orders for other segments slide
    Owners are increasingly focusing on greener vessels, driven by legislation, says chief executive
  • Second explosion hits MSC Flaminia
    Rescue operations hindered, with no obvious cause found for initial blast
  • Shipping security firms return fire as UN experts criticise regulation gap
    Private security body rejects damning report arguing regulation will not work without international support
  • Dynacom lands $25,000 per day deal as VLCC spot market collapses
    Brokers forecast rise in period deals which offer owners better returns
  • Capital ratio concern for shipowners
    Loans under threat as European Banking Authority considers making 9% coverage permanent for larger banks
  • India to encourage refinancing of rupee loans in dollars
    Shipping companies among those likely to take advantage
  • Why shipping executives need a return to reality
    Recent statements by some of the top bosses bear little resemblance to what is actually happening in the market
  • Half-baked Alaska
    The state's challenge to the North American ECA won't pass the durability test
  • APT and Blackstone accuse Obama administration of bias against private equity
    UPDATED: APT chief Rob Kurz tells Lloyd's List why he thinks the hold-up in a $340m Title XI application is politically motivated
  • German approves draft law for onboard guards
    Rules governing PMSCs unlikely to be implemented before July 2013
  • Iranian sanctions leave chemical tankers unemployed
    Asian owners charging 'whatever they want' to pick up pariah cargoes
  • CSS unit issues profit warning
    Shanghai-listed machinery maker says first-half profit down 80% on year
  • Maersk Line signs mega-deal for seven post-panamaxes
    Charters arranged with Greek owners Technomar and Embiricos for vessels being built at Hyundai's Samho yard
  • Rising output from Australian miners fails to lift capesize rates
    BHP Billiton defies analysts' expectations in second quarter of 2012
  • Somalia's president shielded top pirate from arrest, says UN report
    Monitoring group slams 'climate of impunity'enjoyed by pirate leaders
  • Do box lines have the backbone to make rates stick?
    Analysts divided over lines' resolve as load factors slip
  • Scrapping is only answer for tankers
    As newbuildings continue to enter service, tanker sector has no option but to remove existing vessels
  • China Shipping Development issues profit warning
    Chinese major unable to escape from overcapacity and expensive bunkers may have to resort to bond issue
  • Going down in history
    Fateful voyage of the Albion revealed in priceless manuscript of captain's letter sent to Lloyd's underwriters in 1810
  • EU and US seaborne trade still below pre-crisis levels
    Figures from the International Transport Forum show the overall picture is 'stagnant'
  • New EU mission will complement Atalanta in fight against piracy
    EUCAP Nestor will focus on maritime capacities of countries in Horn of Africa and training of Somali coast guard
  • Asciano plans $358m Port Botany upgrade
    Introduction of box-handling automation will 'decimate' workforce, says Maritime Union of Australia
  • HHI eyes $1.1bn offshore deals
    South Korean shipbuilding giant in final steps to win two platform orders
  • Titan Petrochemicals reveals buyout offer from Chinese oil trader
    Deal with Guangdong Zhenrong Energy would include provision to buy 11% stake from Warburg Pincus
  • STX OSV secures PSV contract from Troms
    Vessel to be delivered in 2014 to charter by Statoil
  • Rongsheng seeks to extend deadline for Quanchai deal
    China's top private yard reluctant to finalise buyout deal amid weak market conditions

Fairplayweb site
JULY 18, 2012
  • IACS chairman sets out priorities
    THE new chairman of IACS, Tom Boardley, has set a top priority for the organisation that it focuses on developing harmonised common structural rules during his year in office
  • APT cries foul over loan lag
    BLACKSTONE-owned APT has filed suit against the US government, alleging that bias against private equity has stalled its loan guarantee application
  • Somalia reportedly shielded pirate boss
    A PIRATE kingpin was given a diplomatic protection by Somalia's president, a Reuters report alleged today
  • Ferry sinks off Zanzibar
    A FERRY carrying at least 250 people in Tanzania reportedly sank today near Zanzibar
  • Nigeria mulls $5Bn fine in tanker-tied spill
    NIGERIA might impose a $5Bn fine against Royal Dutch Shell in connection with a 2011 offshore oil spill, IHS World Markets Energy reported today.509773.timg
  • Helvetia swallows maritime portfolio
    GROUPAMA, one of France's largest marine insurers, said it is selling its maritime underwriting unit to Swiss insurer Helvetia Assurance
  • Euronav runs up $20M in fresh losses
    ANTWERP'S tanker operator Euronav said today it ran up another $20.2M in net losses in the first half of the year
  • Chinese ship to join Russian Arctic flotilla
    A CHINESE icebreaker will for the first time be joining a convoy of 10 Russian cargo ships in transiting westward through the northern Chukchi and Laptev seas
  • Class NK also cuts out Iran
    JAPANESE classification society Class NK confirmed to Fairplay today it will close its Tehran office
  • Vehicle carrier order rise seen by bank
    DNB NOR has told Fairplay that the bank expects more orders for vehicle carrier newbuildings as the supply-demand balance improves
  • NCSP iron ore exports drop 49% in H1
    IRON ORE exports fell 49% in this year's first half year on year for Novorossiysk Commercial Seaport Co.
  • Crude palm oil prices seen ready for rally
    CRUDE palm oil prices are headed for another rally as the El Nino effect and lower soybean production in the US exerts upward pressure on demand
  • Panamaxes lose momentum
    BROKERS cautioned today that rates for Panamax bulkers might be losing momentum

The Journal of Commerceweb site
JULY 18, 2012
  • NY-NJ Port Expedites Bayonne Bridge Project
    The Bayonne Bridge will have enough clearance by the fall of 2015 to handle larger post-Panamax ships that will start...
  • Maersk to Hike US-Oceania Rates in August
    Maersk Line will boost rates on its services from the U.S. to all ports in Australia, New Zealand and the...
  • Housing Starts Rise, But Permits Fall
    U.S. housing starts in June rose at the fastest rate in almost four years, but permits for construction of new...
  • Trans-Pacific Spot Rate Falls for Third Week
    Average spot rates in the eastbound trans-Pacific trade lane fell 2.6 percent this week, down for the third week in...
  • Maersk Renews Seattle Calls
    The Port of Seattle got good news for a change on Tuesday when Maersk Line renewed its agreement to call...
  • China-Africa Trade Booms
    Sino-African trade is booming even as China's overall trade growth rates continue to slow because of weak domestic demand and...
  • UASC Sets Asia-Europe Peak-Season Surcharge
    United Arab Shipping Company has joined other major ocean carriers in announcing a peak-season surcharge on westbound cargo from Asia...
  • Lidinsky Praises Container Availability Report
    Federal Maritime Commission Chairman Richard A. Lidinsky Jr. praised ocean carriers and the Department of Agriculture for a new weekly...

Containerisation Internationalweb site
JULY 18, 2012
  • Confusion reigns in the liner industry
    To an outsider business analyst looking in, the container liner industry must paint a very confused picture: even to an insider the view is distinctly murky. For ...
  • Different fortunes for LB and LA ports in H1
    The first half liftings of the US west Coast ports of Long Beach and Los Angeles vary widely - while the latter has seen increases in both inbound and outbound ...
  • Dammam congestion free but slower
  • Mombasa mobilised again
    Action taken by the Kenya Ports Authority (KPA) this year has resulted in a major improvement in cargo-handling activity at the country's leading port Mombasa. ...
  • Irish exports driving recovery
    Exports from the Republic of Ireland increased by 7% in May, compared to the same month of 2011, to EUR7.52 (USD9.17) billion, with 58% going to EU counties [36% ...
  • MSC Flaminia: superstructure and engine room 'unaffected'
  • Chinese ports on the up for H1
    Despite the downturn in the traditional markets of Europe and the US, China's ports are continuing to grow their liftings according to volume statistics for the ...
  • Lome CT gears up
    Terminal Investment Ltd (TIL), which is a company with close links to Geneva-based container shipping company MSC, has placed an order with Finland-based Konecranes ...
  • Schedule reliability and container on-time delivery getting better
    More containers were delivered on time in June compared to May despite schedule reliability remaining constant, according to INTTRA's and SeaIntel's first joint ...

TradeWindsweb site
JULY 18, 2012
  • US secures Strait
  • UDW poised to pop
  • MSC Flaminia develops list
    The firefighting tug Fairmount Expedition is fighting the blaze on the abandoned containership MSC Flaminia as well as undertaking boundary cooling to try to prevent the fire spreading.
  • African ferry sinks
    A Tanzanian ferry has sunk with 250 people on board near the island of Zanzibar.
  • Nakilat cruising
    Qatar Gas Transport Co (Nakilat) continues to report steady earnings during the year so far.
  • Save the whales!
    Ships are to be re-routed in San Francisco Bay to help cut down on whale fatalities.
  • Livestock lag
    An order for 10 livestock carriers at Sungdong in Korea has been delayed due to lack of a refund guarantee.
  • Titan's White Knight
    Titan Petrochamical looks to have been thrown a lifeline in its battle for survival after a major investor agreed to a cash injection.
  • CSDC heads for loss
    China Shipping Development Co (CSDC) has warned investors it is heading for a loss in the first six months of 2012.
  • Supramaxes sold
    Interest in second-hand supramaxes remains strong as another two sales were reported.
  • Ultrabulk back for more
    Ultrabulk has returned to Japan for more eco-friendly bulk carriers and has added additional vessels at Samjin Shipbuilding, its first at a Chinese shipyard.
  • Rex rises again
    French container line CMA CGM has resurrected its Asia to Red Sea loop without former partner APL.
  • Wartsila profit falls
    Finnish ship engine maker Wartsila has posted lower net earnings in the first half of 2012.
  • No word on Bahrain
    IM Skaugen is still none the wiser about its prospects of winning the tender for the Bahrain LNG import project.
  • KDM wants $36m
    Ukraine's KDM Shipping has said it wants to raise $36m for fleet expansion in its Polish IPO.
  • APT takes on US
    American Petroleum Tankers (APT) is suing the US government over alleged delays in a financing application.
  • ClassNK quits Iran
    Japan's ClassNK is the latest classification society to stop its Iranian dealings after US pressure.
  • Nordea earnings down
    Swedish bank Nordea's shipping profit has fallen in the second quarter as loan losses increased.
  • CSSC fears profit plunge
    Shipbuilder China CSSC Holdings has forecast a big drop in net earnings in the first half.
  • Troms confirms STX OSV order
    Singapore-listed shipbuilder STX OSV confirmed today that it has firmed up a newbuilding contract for a large platform supply vessel with Norway's Troms Offshore.
  • Analyst sounds TI alarm

American Shipperweb site
JULY 18, 2012
  • Retail, railroads reflect tepid economy
  • No merger of produce trade groups
    The Produce Marketing Association and United Fresh Produce Association ended merger discussions Tuesday, citing unresolved differences in combining both their memberships and support staffs.
  • CMA CGM redeploys in Asia-Red Sea trade
  • Commentary: Making due in the South Pacific
    Although Maersk has exited the Wallis and Futuna, and Vanuatu island trades, freight forwarders on the islands are confident that they will find ways through other carrier services to move containerized goods.
  • COSCO, MSC raising Asia-Latin America rates
  • Hong Kong air cargo shows 2Q lift
  • Gypsy moth eggs found at Port of Tacoma
    It's Asian gypsy moth season again and U.S. border officials are trying to prevent the pests from entering the United States, where they could pose significant danger to forests and crops.
  • Intermodal, autos boost CSX, KCS earnings
  • FMC reviews 14 OTI license applications
  • MSC drops Charleston, Port Everglades on East Coast feeder
    The service decreased its total roundtrip voyage time from 14 days to seven days, and removed one vessel. It now operates weekly with one 3,840-TEU ship in a rotation of Philadelphia, New York, Freeport (Bahamas) and Philadelphia.

The Bunker Bulletinweb site
JULY 18, 2012
  • Fujairah prices moving in different directions
    Overall price picture in the market remains uncertain.
  • Market lacks direction across Europe
    Congestion and limited enquiries add to sluggish market.
  • Dan-Bunkering beefs up Shanghai office
    Danish bunker company adds to its Shanghai operation.
  • Wartsila posts weaker first half profit
    Engine maker's results held back by depressed shipping markets.
  • New emulsion fuel has promising production start
    Ecomulsion Fuel Solutions says it hopes to reduce the processing cost of its alternative to conventional bunker fuel.
  • Asian bunker fuel oil prices mostly lower
    Price of 380 cSt in Singapore falls for the first time in over a week.
  • Iran offers cover to any ship
    Move to skirt round European ban on insuring vessels carrying Iranian oil.
  • Wartsila Hamworthy inks scrubber deal
    Set to provide four hybrid scrubber systems to two Royal Caribbean newbuild cruise vessels.
  • Shipping remains weak spot for ship financier
    Nordea making provision for more loan losses from shipping.
  • Norwegian shipbuilder wins contract for LNG-powered vessel
    Kleven Maritime chosen for its 'long experience and competence' in building LNG-powered vessels, says Remøy Shipping managing director.
  • South China sees marginal increase in fuel oil imports
    July imports relatively stable on tepid demand for bonded bunkers.
  • Belgian tanker firm widens H1 losses
    Challenge for tanker market 'still almost entirely' on the oversupply of available tonnage, it says.
  • Titan receives proposal for $213 million capital injection
    Proposed offer, however, subject to the adjournment and ultimate withdrawal of legal proceedings filed against it.

›››File
FROM THE HOME PAGE
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
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
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
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
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
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