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Independent journal on economy and transport policy
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BRIEFS
January 23, 2012
The Business Timesweb site
Shipping News
  • Hard disk could shed light on disaster
    DIVERS salvaged on Saturday a hard disk from Italy's capsized cruise ship with video footage that could shed light on the captain's actions, as another body was pulled from the wreckage.
  • Tanker rates to climb as much as 20%: Credit Suisse
    RENTS for ships hauling refined fuels will gain the most among oil tankers in 2012, rising as much as 20 per cent because of longer voyages and scrapping of older vessels, Credit Suisse Securities LLC said.

Sched Netweb site
  • Emirates Shipping joins Hapag Lloyd, RCL to extend north China coverage
  • Tianjin's throughput hit record breaking 12 million TEU in 2011
  • Fujian provincial port containerised cargo throughput up 11.8pc in 2011
  • Lawyer: Super postpanamax sinking would be a salvage, liability nightmare
  • China's GDP increases 8.9pc in fourth quarter, cooling from 9.1pc in third
  • New World Alliance transatlantic loop offers double calls at Charleston
  • Charleston box volume increases 1.2pc to 1.38 million TEU in 2011
  • Maersk adds Jeddah and Izmit to subcontinent-Mediterranean ME service
  • Safmarine's new CEO Daly announces three new senior appointments
  • Rickmers holds naming ceremony for newbuilding on Europe/India service
  • Germany's Eurogate buys 14 straddle carriers from Finland's Konecranes
  • Air China cargo off 10pc in December, but passengers numbers up 1.8pc
  • Korean Air launches twice weekly direct flights to Da Nang from Incheon
  • Indian aviation minister: Allow 49pc foreign carrier stakes in our airlines

Exim Indiaweb site
  • Aegis Group looks to lead with new marine products division
  • Baltic index falls to lowest in nearly 3 years
  • JBS Group turns 55, holds ARM
  • MOL jointly develops worlds first portable liquid-level gauge for fuel tanks
  • SCI strengthens fleet with new Supramax carrier
  • Shipping faces challenging times in 2012: BIMCO
  • Suezmaxes poised for worst year in a decade
  • KPKS lauds MoS for finalising CSR guidelines
  • Forex reserves continue to decline
  • Govt may do away with MEP for onions
  • Govt to announce details of mega industrial zones after assembly polls
  • R.V. Kanoria appointed Ficci President
  • World Bank report shows jobs rising in South Asia
  • Albacor Shipping surmounts challenges to successfully move heavy transformer
  • ALS moves largest crawler crane shipment to Brazil
  • WCAPN member handles worlds largest evaporator

International Transport Journalweb site
JANUARY 20, 2012
  • John Mc Donagh joins SASI consultants
    John Mc Donagh has joined Strategic Aviation Solutions International (SASI) as an associate responsible for Europe, the Middle East and Africa (EMEA) excluding Russia and the CIS. ...
  • New railway line opens in East China
    A new freight and passenger railway line from Qianjin to Fuyuan in China's Heilongjiang province is now open. The 169 km line is designed for trains running at 120 km/h. It is expe...
  • AWT Group strengthens Ostrava-Paskov terminal in Czechia
    The initial stage of the modernisation of Czechia's Ostrava-Paskov independent open terminal for intermodal transport has been completed. The invested sum of CZK 30 million (about ...
  • Renault trucks delivers 100 new Premiums to Jost
    Since 2004, Renault Trucks' market share in the Jost Group fleet has been constantly growing. Recently, 100 new Premium Long Distance vehicles were put into service by the Belgian ...
  • Ford renews HGV truck fleet with MAN tractors
    MAN Truck & Bus is to deliver 185 MAN TGX tractors to the Ford Motor Company. The latter has signed a five-year leasing contract for the vehicles. An additional 185 MAN trucks ...
  • Ports of Amsterdam handle 2% more in 2011 than in 2010
    The ports of Amsterdam, Ijmuiden, Beverwijk and Zaanstad (all Netherlands) closed the year 2011 with a transhipment rise of approximately 2%. Total transhipment amounted to over 92...
  • AA Cargo leads in New York-JFK
    The US carrier American Airlines Cargo (AA Cargo) tops the list of cargo carriers by tonnage at New York's JFK International Airport, according to data provided by the Port Autho...
  • Hactl sees better end to 2011
    Hong Kong Air Cargo Terminals Limited (Hactl) - the leading air cargo terminal operator at the world's No. 1 cargo airport - ended 2011 on a more positive note, with a narrowing ...
  • US rail service provider BNSF presents new chief marketing officer
    BNSF Logistics, a third party logistics provider in Texas (USA), appointed Jim Craig as its new chief marketing officer effective 17 January. Prior to joining BNSF Logistics, Craig...
  • Lufthansa Cargo names new Middle East/India general manager
    Lufthansa Cargo Charter Agency has named Steve Day as general manager (GM) for the Middle East and the Indian Subcontinent. Day will take up his new position on 22.January. The ne...
  • RBS announces sale of RBS Aviation Capital to Japanese consortium
    The Royal Bank of Scotland Group recently agreed to sell RBS Aviation Capital to Sumitomo Mitsui Banking Corporation, acting on behalf of a consortium comprising its parent, Sumit...
  • Fiege provides logistics for Media Markt online shop in Germany
    On 16 January - the official opening date of the Media Markt online shop - the German service provider Fiege shouldered all the logistics that are required throughout Germany for t...
  • Freja delivers for Antalis
    As of 1 January the name Freja, based in Skive (Denmark), can be seen on the trucks which deliver commodities from Antalis. Freja is one of the largest privately owned transport- a...
  • Coca-Cola outsources warehousing of finished goods to DB Schenker Logistics in Poland
    The Coca-Cola Company has awarded DB Schenker Logistics two businesses for its warehousing and transportation operations in Poland. The world's leading soft drinks producer from At...

Marine Logweb site
JANUARY 20, 2012
  • NASSCO lays keel of Mobile Landing Platform (MLP) ship
  • Otto Marine issues profit warning
  • USCG and NAMEPA sign MOU
  • Helsinki shipyard lays keel of ultramodern icebreaking supply vessel
  • Carnival to audit safety and emergency procedures at all its cruise

World Wide Shipperweb site
JANUARY 20, 2012
  • Ship exporting ford vehicles departs from Port of Portland
  • Port of Long Beach Oks deal to lease Middle Harbor site to OOCL
  • Seattle-based C.G. cutter returns from counter drug patrol
  • Alaska Airlines to resume Portland to Bellingham flights
  • US railroads post year-over-year gains

Lloyd's Listweb site
JANUARY 20, 2012
  • Suezmax spot market rates fall on lack of cargoes
    West Africa to US voyage earnings down by a third over the course of the last week
  • How US containerised cargoes stack up
    A special report from the US Bureau of Transportation Statistics reveals the changing face of US trading partners
  • Europe's inland waterways lose modal share
    Trend undermines EU targets
  • Insurers lock horns with shipping industry
    Size matters, says Lloyd's Market Association
  • Lobby urges Brussels not to cut infrastructure spend
    EU has pledged $40bn to TEN-T
  • Safety foundation slams Costa Cruises' treatment of master
    Skagerrak Foundation calls for an investigation into Carnival's safety system
  • Pragmatism rules in debate over Greek bank nationalisation
    Shipping is central to the country's economy
  • Greek ship finance opinion split on likely impact of a default
    Some fear bank nationalisation would hurt smaller shipowners
  • Ocean Tankers ship fails to find bidder in Rhode Island auction
    RBS tipped to put Stavrodromi up for sale at lower price as separate legal fight looms with miscellaneous claimants
  • Facing up to life as a surviving captain
    Lost ships are more easily salvaged than their master's reputation
  • The fragility of world trade
    Iranian sabre rattling is reminder of the fragility of global trade
  • A date for the diary
    AP Moller-Maersk publishes its financial results for 2011 on February 27. They are expected to show a huge reversal of fortunes for Maersk Line, Safmarine and other subsidiaries that comprise the container division
  • Will deepening box trades crisis force lines into action?
    Mass lay-ups look probable, but it is not clear who will go first
  • Bocimar's spot market handysize fleet exposed to bulk downturn
    Belgian dry bulk operator seeks increase in charter coverage
  • US consumers fear LNG exports will raise domestic prices
    Consumer pressure to limit seaborne exports
  • All-change as US oil product exports exceed the country's imports
    Switch likely to be an anomaly, as country slashes refinery capacity by 27%
  • Capesize rates languish as owners begin anchoring vessels
    Market is eyeing return business after Chinese New Year and a possible uptick in iron ore demand
  • Brussels orders passengership safety review
    EU legislation to come under new scrutiny
  • Steel consumption to drop at South Korean shipyards
    Iron ore and coking coal trades will suffer in 2012
  • Piracy's modest decline
    The drop in piracy in 2011 shows that temporary measures are working, but expect only small gains without more committed action from governments
  • CSAV raises additional $312m
    Cash-strapped boxline plans $1.2bn capital increase
  • When two plus two equals five
    We need to implement not supplement existing passenger safety laws
  • Smit to start removing bunkers from stricken Costa Concordia
    Hot tapping will remove cruiseship's fuel oil
  • China Shipping unit scraps ship to avoid losses
    China Shipping HaiSheng offloads asphalt carrier for $1.2m to affiliated demolition yard
  • Project to standardise movement of arms is touting for members
    PMSCs give cautious approval as they wait to learn which coastal states are involved
  • Suezmax withdrawn from secondhand market
    Failure to find desired price could indicate that drop in asset values is imminent
  • Carnival to review safety and emergency response
    Company to audit all 11 cruise brands after Costa Concordia casualty

Fairplayweb site
JANUARY 20, 2012
  • OOCL, Long Beach near pact
    BOX liner OOCL has tentatively agreed to a 40-year, $4.6Bn lease with the Port of Long Beach in southern California
  • Bosphorus ship taking on water
    TURKISH maritime authorities are today struggling to keep a cargo ship that took on water afloat following a collision with two other vessels near Istanbul
  • Viking warns of weak result
    VIKING Line, the Finnish cruise ferry company, says that its 2011 result will be significantly weaker than that of 2010 as volume growth has not matched expectations
  • FSL Trust back in black
    SINGAPORE'S FSL Trust said last night that it returned to the black with a $5.1M profit for 2011, reversing a $5.7M loss for 2010
  • Bocimar reports profit fall
    BELGIAN dry bulk carrier Bocimar saw profits fall 20% to €76.15M in 2011, as fourth quarter as profits stayed low at €17.12M
  • EC scrutinises Tirrenia acquisition
    The European Commission is to carry out a full-scale investigation into the planned takeover of Italian public sector ferry group Tirrenia by a group of leading Italian shipowners, indicating that it has "serious competition concerns" about the operation
  • DFDS issues profit warning
    DANISH ferry operator DFDS, has issued a profit warning following news that a new company will start a service in competition with one of its core routes
  • Samho price sets new VLCC low
    AN undisclosed London-based buyer is paying $28.3M for Samho Shipping's 2002-built Samho Dream, which was auctioned in Hong Kong on Wednesday, setting a new low for decade-old VLCCs, a sign of the worsening impact of oversupply on the market
  • Shin Yang buys Hock Leong stake
    MALAYSIAN general cargo shipping specialist Shin Yang has acquired a 70% stake in compatriot shipping agency Hock Leong Shipping for RM2,090,314.80 ($674,077)
  • Capesize rates tumble
    PANAMAX drybulk rates have dived, although not as badly as Capesizes
  • Iran's Hormuz threats will not last
    ANY attempts by Iran to close the Strait of Hormuz would be short-lived, said IHS CERA senior director Bhushan Bahree in a report today
  • West-Africa-East rates rise amid protests
    THE West Africa-East tanker route reached fever pitch this week as strikes and protests across Nigeria disrupted fixtures and resulted in surging rates amid a tight tonnage list

The Journal of Commerceweb site
JANUARY 20, 2012
  • Heartland Express Profit Nears $70 Million
    One of the most profitable trucking companies in the nation got a little more profitable in late 2011,despite higher equipment...
  • Profit Skyrockets at GE's Rail Equipment Division
    Locomotive maker GE Transportation, part of General Electric, increased revenue 45 percent in 2011 to $4.9 billion on rising demand...
  • Stevens Transport Buys 1,200 Reefer Trailers
    Refrigerated trucker Stevens Transport is purchasing 1,200 temperature-controlled trailers from Utility Trailer Manufacturing to reinforce its growth plans. Demand...
  • Class 8 Truck Orders Surged 47 Percent Last Month
    Net orders for Class 8 heavy trucks rose to 30,293 units in December, reversing a decline in November and resuming...
  • Reduced Service Pulls Halifax Container Traffic Down
    Container throughput at the Port of Halifax in 2011 dropped 5.7 percent year-over-year, largely because three liner services cut or...
  • FDA Clears 19 Orange Juice Shipments
    The Food and Drug Administration has cleared 19 international shipments of orange juice tested for an illegal fungicide andreleased 12...
  • Freighters Push Changi Airport to December Surge
    New freighter services that included the launch of all-cargo connections to China helped Singapore Changi Airport to its busiest month...
  • Tax Incentives Push Kentucky Trucking Expansion
    A small trucking company is about to get a little bigger with some help from the state of Kentucky. ...
  • Los Angeles Saw November Air Freight Gain
    The recovery in U.S. shipping demand is showing up at Los Angeles International Airport, North America's largest gateway for trans-Pacific...
  • OOCL Revenue Plunges 11.2 Percent on Volume Decline
    Plunging Asia-Europe and trans-Pacific rates pulled down Orient Overseas Container Line's fourth quarter revenue 11.2 percent on a 2 percent...
  • MSC Hikes Rates From Europe to Middle East, Far East
    Mediterranean Shipping said Friday it will put a series of rate increases into effect on its eastbound services from various...
  • Lured Across the Border?
    The name of the game for ports in the Pacific Northwest is competition. They compete with California ports for West...
  • Direct to the Last Frontier
    The Pacific Northwest isn't just a gateway for imports; it's the gateway to the Last Frontier and home to a...
  • Putting the Brakes on Re-brokering
    Q: I'd forgotten about my letter regarding carriers brokering out freight until I saw it printed in the Dec. 12,...
  • Pep Talk
    For many companies, the big imperative in doing business through the 2008-2009 downturn was little more than survival. That's hard...
  • Japanese Shipbuilders Worry About Dwindling Backlog
    The 19.6 percent year-over-year decrease in Japanese ship export orders in 2011 is raising concerns that an order backlog could...
  • Two Carriers Join Emirates Shipping on China-India Service
    Emirates Shipping Line will enter a vessel-sharing agreement with Hapag-Lloyd and Regional Container Line on its service linking China, Southeast...
  • Sea-Air Comes Into Its Own
    Using a combination of sea and air cargo in trying balance the competing interests of cost and transit time for...
  • OOCL Signs 40-Year Terminal Lease at Long Beach
    The Port of Long Beach and Orient Overseas Container Line signed a 40-year, $4.6 billion tentative agreement that will make...

Containerisation Internationalweb site
JANUARY 20, 2012
  • Ports of Auckland accused of 'hectoring' in dock dispute
  • NOL finalises vessel funding
    Singapore-based NOL, which owns the world's seventh largest liner shipping company APL, has finalised funding arrangements to the tune of USD1.14 billion for 10 ...
  • Daly has the Safmarine DNA
  • Bentley suggests remedy to US cargo diversion issue
    Former congresswoman Helen Delich Bentley has proposed a solution to the US cargo diversion issue that the Federal Maritime Commission is investigating (FMC) - ...
  • Emirates, Hapag-Lloyd and RCL to share slots on FE/South Asia string
    Emirates Shipping Line, Hapag-Lloyd and Regional Container Lines [RCL] are to merge their respective Hypergalex, CIS and RCI services in the Far East South Asia ...
  • CSAV throughput back to 2010 levels
    In December 2011, troubled Chilean liner CSAV carried 201,000 TEU - over 90,000 TEU less than the same month of a year ago, and back to monthly levels the then ...
  • Long Beach and OOCL strike 'in principle' agreement over Middle Harbor
    The US west coast Port of Long Beach (LB) has reached a tentative agreement on a 40-year, USD4.6 billion lease with Orient Overseas Container Line (OOCL) for the ...
  • IMF and World Bank in call to action
    Ahead of next week's Davos summit of the World Economic Forum, a powerful group of leaders have urged governments to implement free trade, reform their economies ...
  • Carriers holding all the fixture cards
    With the top-ranked ocean carriers chartering in around 50% of their operating fleet it follows that the liners are able to dictate the terms and periods in the ...
  • SDV expands presence in Middle East
    France-based SDV International Logistics has acquired a minority interest in FAST Overseas Group, a small freight forwarder specialising in Lebanon, Syria and Jordan. ...

TradeWindsweb site
JANUARY 20, 2012
  • Cantor drops Genmar
    Wall Street equity analyst kicks OTC-traded tanker owner to the curb while market waits for Chapter 11 exit.
  • Wilson shaves Shandong deal
    Oslo-listed operator cuts $88m newbuilding contract in half as Chinese shipbuilder struggles with delivery clock.
  • Cape owners to drop anchor?
    Talk of lay-ups grows louder as Baltic Dry Index continues its losing run.
  • Otto fires profit warning
    Lion City-listed shipbuilder tells investors it is still counting the cost of vessel cancellations.
  • CH Offshore pens charter
    Singapore-listed owner inks a long-term deal for an anchor handler with a view to a sale.
  • Doug down tanker bets
    Jefferies analyst cuts rate forecasts amid fears of slowing oil demand, with new numbers turning DHT red.
  • Uljanik falls to loss
    Croatian bulker and tanker owner posts deficit for 2011 after revenue shrank and costs rose.
  • JJ Sietas sacking 350
    Insolvent German yard's administrator "adjusts capacity" as bankruptcy proceedings due to begin.
  • NewLead defends crew claim
    ITF says crew on ship with hull cracks has exceeded contractual nine-month service period, but owner says extensions were agreed.
  • Prophet of doom
    TradeWinds is today putting the fun back in the bulker market as we start the search for the Baltic Mystic.
  • A message to the master
    A bad week for the cruise shipping industry, a tanker king is upbeat on LNG while Nobu Su takes a different position.
  • Star Princess barred
    Falklands Islands refuses entry to Princess Cruises vessel with sick passengers on board.
  • Frontline 2012 in focus
    Handelsbanken begins coverage of John Fredriksen's latest venture with a reduce rating as it waits for newbuildings to disappear.

The Bunker Bulletinweb site
JANUARY 20, 2012
  • Prices uncertain as week ends
    Futures fell below $100 per barrel on Friday.
  • Prices weaken in Rotterdam, Hamburg
    Tight avails oh LSFO product in Hamburg.
  • Little price movement in Middle East markets
    Moderate demand in Fujairah.
  • EU regulators considering unilateral action on CO2 emissions
    Launch of online public consultation on ways to reduce shipping's greenhouse gases.
  • Number of alerts unchanged year-on-year
    DNVPS says it issued three bunker alerts relating to product from Singapore in 2011.
  • Prices firming in Asia as week closes
    Weak demand at major Asian bunkering hubs.
  • Indian downstream logistics firm expands into bunkering
    India's bunker market poised to grow, says President of Aegis Group.
  • French firm acquires stake in Turkish oil storage facility
    Acquires shares in Ceyhan depot in southeast of Turkey .
  • Legal practice advises Sinopec on Fujairah oil storage acquisition
    Transaction involves 'complex legal issues' specific to oil storage terminal projects, says Norton Rose.
  • French shipping association rallies support to delay 0.10% sulphur limit
    ECA sulphur regulations a 'timebomb,' says European shipping organisation.
  • Bubbles?
    2011 saw a sharp increase in the number of claims of 'cappuccino' bunkers - but what really constitutes entrained air in bunkers?
  • Wilhelmsen offers anti-pollution compliance service in China
    Company able to provide clients with ship pollution response contracts at all Chinese ports.
  • LNG-fuelled box ship receives DNV's approval in principical
    9,000 TEU vessel's LNG tank will be designed to leave space for container cargo.

›››File
FROM THE HOME PAGE
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.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
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
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
››› 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%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
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