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February 24, 2012
The Business Timesweb site
Shipping News
  • 7.6% annual growth seen for Asia-Pac logistics markets
    Research firm Frost & Sullivan has forecast 7.6 per cent annual growth for 12 Asia-Pacific transportation and logistics (T&L) markets, reaching US$4.09 trillion in 2016.
  • 50% of dry-bulk carrier orders could be canned
    As many as 50 per cent of commodity carriers on order at yards worldwide may never be built after 56 per cent of new dry-bulk vessels didn't enter service in January as scheduled, according to Genco Shipping & Trading Ltd.
  • Bulk-ship operators get aggressive as costs dip
    Operators of ships that haul dry-bulk commodities are 'more aggressive' in reaching agreements with customers to employ vessels amid a glut of carriers, said ICAP Shipping International Ltd.

Sched Netweb site
  • Shanghai's January container volume declines 3pc to 2.6 million TEU
  • Maersk hikes: US$400/TEU, FE-west coast Latin America, $560/TEU to Caribbean
  • OOCL, RCL offer Shanghai, Hong Kong, Vietnam, Bangkok loop from March 4
  • Singapore's NOL suffers US$478 loss as revenues fall 2pc to $9.21 billion
  • Court backs TCC, authorising suit for failure to meet cargo commitments
  • Auckland dockers' two-week strikes divert cargo to rival Tauranga
  • Alashankou railway checkpoint January trade volume tops million tonnes
  • Tacoma container volume increases 2.3pc to 1.49 million TEU in 2011
  • Inner Mongolia to spend US$7.94 billion building 30 inter-provincial roads
  • Wuhan to optimise inland port function with more trade convenience
  • Expeditors 2011 profit rises 12pc to US$385.7 million, revenue up 3pc
  • Maersk's man in India blasts crippling cabotage laws, ruinous port fees
  • International Chamber of Shipping chief calls a halt for boxship building
  • Liquid chemical shipping line service aces tests between Taiwan and Ningbo
  • Asia Pacific transport, logistics to grow 7.6pc despite uncertainty: study
  • Wilson Roque launches logistics company from Brazilian Port of Itajai
  • Air China cargo volume slides 28.5pc to 73,300 tonnes in January
  • China Eastern Airlines cargo volume down 19pc to 97,200 tonnes in January
  • Singapore Airlines cuts 20 per cent capacity owing to softening demand

Exim Indiaweb site
  • Mega event backed by international & domestic trade organisations
  • Remembering Chotubhai
  • SPNM's networking event today
  • Uncertainty over freight rates takes futures market to new low
  • WWL Group enters 12th year of operations in India
  • NMPT box traffic registers new high
  • Port Pipavav records first full year of net profit
  • A 12-step guide to managing your money in 2012 - IV

International Transport Journalweb site
FEBRUARY 23, 2012
  • Germany okays Bulgarian und Romanian cabotage services
    Germany's Federal Ministry of Transport, Building and Urban Development (BMVBS) mandated the country's federal office for goods transport (BAG) to examine the effect that Bulgarian...
  • Leading UK companies repeat order for 1,000 Scania trucks
    Two UK-based companies - Eddie Stobart and A. W. Jenkinson Forest Products - have signed a joint-procurement agreement with Scania in the UK for 1,000 trucks. Scheduled for deliver...
  • CN investing in its rail network
    Canadian National Railway Company (CN) plans to invest CAD 1.75 billion (EUR 1.34 billion) in 2012 to maintain and upgrade its railway network, support growth and productivity init...
  • Logico hauls multimodal containers for Stobart Rail
    Logico, a division of Freightliner Ltd, the UK's largest intermodal rail freight operator, hauled a special train from Freightliner's Garston Terminal to Freightliner's South Wales...
  • Drewry opens office in Shanghai
    Drewry, a leading independent advisory and analytical research organisation in the maritime sector, is opening a new office in Shanghai (China). (it)
  • Somon Air introduces service to Ukraine
    Today (23 February), Tajikistan's Somon Air is launching a once per week service on the Dushanbe (Tajikistan) - Kiev (Ukraine) route. Starting 25 March, the airline will add the ne...
  • Inchcape Shipping Services to open offices in Venezuela and Saudi Arabia
    Inchcape Shipping Services (ISS), a leading maritime services provider, is set to open its first office in Venezuela. The facility, which will be located in Puerto La Cruz, will me...
  • Transfennica starting Bilbao-Tilbury service
    Transfennica has decided to add a weekly direct call to Tilbury (UK) from Bilbao (Spain) within the Iberia schedule, due to increased demand in the market. As from 24 February, the...
  • Despite denial UPS wants to take over TNT Express
    The US corporation United Parcel Services (UPS) wants to take over its Dutch counterpart, TNT Express, Europe's second largest parcel service provider. UPS, one of the world's larg...
  • Unikom acquires new navigation services
    Thomas Gunn Navigation Services has been awarded a new contract by the shipping management company Unicom to equip an additional 43 vessels with its outfit management service. Thom...
  • Jet Aviation: new sales directors in Zurich and Dusseldorf
    Jet Aviation recently appointed Micha Miketta and Peter Davidse as the new maintenance, repair and operations (MRO) sales directors in Dusseldorf (Germany) and Zurich (Switzerland)...
  • Jet Aviation Basel adds tail and wing dock for BBJ and A320 series aircraft
    Jet Aviation Basel has added a tail and wing-docking platform to its wide-body hangar, enabling complete access to all areas of an aircraft tail on all four levels, as well as full...
  • Kwintet relies on DB Schenker Logistics in Sweden
    Kwintet AB, the European supplier of professional workwear, has chosen DB Schenker Logistics as its strategic logistics partner in Sweden. Kwintet consolidated its warehousing acti...
  • DPD opens new parcel terminal in Estonia
    The parcel delivery company DPD has opened a new logistics centre in Estonia, featuring state-of-the-art sorting equipment. The new EUR 2 million terminal in the Rae Industrial Par...
  • Airports across Tanzania to be upgraded with European funding
    The European Investment Bank (EIB), the European Union's lending institution, is to provide EUR 50 million in long-term funding over 20 years to Tanzania. Improvement of five airpo...

Marine Logweb site
FEBRUARY 23, 2012
  • New York relents on ballast water reg deadline
  • Prosecutor adds Costa Crociere execs and crew members to investigation
  • BMT Nigel Gee designed patrol boat set for Arabian Gulf duties
  • Seacor swoops on Superior Energy liftboat fleet

World Wide Shipperweb site
FEBRUARY 23, 2012
  • International Trade Administration sees gains in US merchandise exports
  • Journal of Commerce/PIERS finds US box exports increasing
  • Port Angeles port board reviews work plan for 2012
  • MOL reports containership involved in open seas collision
  • Jensen Maritime Consultants expanding service offering

Lloyd's Listweb site
FEBRUARY 23, 2012
  • Owners need assurances that new equipment will be reliable
    Shipowners need assurance that equipment will be reliable. Step forward, class societies and insurers
  • Ships can't fly
    Current plans for emissions trading systems look impossible to realise
  • Pressure grows on India to diversify oil supply
    Trouble ahead for country that relies on Iran for 10% of its needs
  • West African activity attracts ultra-deepwater drilling rigs
    Drilling rigs and support vessels finding work one year on from the start of Jubilee field production
  • Rig-sharing deals open up Norwegian waters
    Rig Management Norway creates co-operative arrangements to bridge the gap between asset owners' need for lengthy charters and the cost of increasing production in smaller fields
  • ExxonMobil sends single-hull tanker for recycling in China
    AIS data indicates vessel heading to a southern province
  • Landmark DryShips Chinese ore carrier loan chalked up to $5bn fund
    First major syndicated loan to Greek owner without western bank involvement
  • Distressed product tanker sales loom as banks brace to limit support
    Italian owner d'Amico warns against overordering in a sector on the cusp of recovery
  • Talking heads: what does the industry think about it?
    Lloyd's List canvasses ocean carrier and shipper representatives and the European Commission about the FMC study on abolition of conferences in Europe
  • FMC study fuels debate on whether Europe was right to ban conferences
    Congress unlikely to review Shipping Act this year unless capacity shortages return
  • StealthGas eyes more ships but bemoans valuation
    Improved quarter highlights solid LPG segment
  • Vessel value writedowns hurt Teekay Offshore Partners bottom line
    Cash distribution of $0.50 declared on fourth quarter
  • Pacific supramax rates recovery offset by Atlantic decline
    Period charter market anticipates rates recovery from April
  • Asset value threat for panamaxes
    Bids on seven-year-old ship fail to live up to market expectations
  • Teekay LNG Partners to raise dividend
    Evensen says $400m available for expansion
  • Offshore and LNG presence helps Teekay dodge tanker bloodbath
    Diversified structure a competitive advantage in financially constrained world, says Peter Evensen
  • Teekay Tankers to buy secondhand tonnage
    $360m budget for long-haul product tankers and mid-size aframaxes and suezmaxes
  • Durban tackles bottlenecks
    Technical glitches at South Africa box hub after launch of Navis Sparcs
  • Hutchison's Dar es Salaam unit hits back at regulator's criticism
    TICTS rounds on 'inaccurate and unsubstantiated allegations' about crane and ship productivity levels
  • Boskalis and Jan de Nul land Argentina dredging contract
    Partners sign five-year deal at Bahia Blanca
  • Secondhand vintage handy market suffers from lack of Chinese interest
    Tonnage offers 'low-risk investment', say sale and purchase brokers
  • Genco launches $50m follow-on offering
    Effort to lower interest bill after voluntary pre-payment in December secures covenant waivers
  • All talk?
    Somalia conference was short on solutions, for politics and for piracy
  • US box exports reach record 12m teu high in 2011
    Eurozone crisis hits fourth quarter volumes
  • Navios pays out despite dip in profits
    Solid time charter coverage and focus on efficiency guide the company into 2012
  • Oil and shipping industries fund Somalia job creation
    Community projects aim to lessen appeal of piracy
  • Sembcorp Marine quarterly profits drop on fewer high-value orders
    Singapore rig builder sees strong deepwater sector growth
  • Japan Club emphasises partial exposure to EU sanctions
    Insurer not liable for parts of claims reinsured under IG programmes
  • Diana boxship offshoot scores profit
    Upgrade work on Maersk trio was a drag on bottom line

Fairplayweb site
FEBRUARY 23, 2012
  • Navios profits fall
    NAVIOS Holdings confirmed a drop in quarterly profits today, although Chairman Angeliki Frangou underscored that the company is well-positioned to weather the storm
  • Scorpio logs impairment
    THE PARADE of shipping impairments continues, with Scorpio Tankers writing down the carrying value of its fleet due to "deteriorating market fundamentals and a decline in value for secondhand product tankers"
  • Sembcorp profits falls 13%
    SINGAPORE rig builder Sembcorp Marine said today 2011 profits dropped 13% year on year to S$752M ($598.36M)
  • Oz seeks top LNG spot
    AUSTRALIA will overtake Qatar as the world's largest LNG supplier within two decades, a conference in London heard today
  • Defaults cost Lauritzen $60M
    DEFAULTS by contract partners cost J Lauritzen $60M last year that, combined with weak shipping markets, dragged the group deep into red
  • APL resists temptation
    APL SAID today it means to resist temptation to lay off ships because of the Far East/Europe box lane's overcapacity
  • Genco's drybulkers seen as overvalued
    GENCO Shipping & Trading's nine Capesize drybulkers are overvalued in the current freight market, a shipping analyst said today
  • Impairments weigh DryShips
    VALUE declines on three bulkers pulled George Economou's DryShips into the red in the latest quarter
  • MISC loses $404.6M
    MALAYSIAN carrier MISC posted 1.2Bn ringgit ($404.6M) in net losses for its latest financial year, reversing 2.4Bn ringgits in profits a year earlier
  • Iran and China sign crude supply deal
    CHINA'S government-owned trading company Unipec has signed a deal for crude supplies from Iran's NIOC
  • Cosco Corp profits dive 44%
    COSCO Corp, the Singapore-listed shipbuilding and bulker operating arm of Chinese conglomerate COSCO, said today 2011 profits dived 44% year on year, to S$139.67M ($111.18M)
  • Green Reefers cuts losses
    NORWAY'S Green Reefers said today it cut its losses in both 4Q11 and full year 2011, mainly because the company was freed of the impairment losses that hurt it the previous year
  • Italy pledges guards inquiry aid
    ITALY today offered to co-operate in a police inquiry into allegations that armed Italian guards on a tanker shot dead two Indian fishermen
  • Vietnam cuts duties
    VIETNAM is abolishing its 4% import duties on gasoline and jet fuel, while also cutting diesel and kerosene levies from 5% to 3%
  • VLCC charterers hold back
    VLCC FIXING for March laycans has been quieter than for February, as charterers are holding back to force rates down

The Journal of Commerceweb site
FEBRUARY 23, 2012
  • Exporters Urge Congress to Renew Ex-Im Bank Charter
    Small exporters will be among the most to benefit from the charter renewal of the Export-Import Bank of the United...
  • Northeastern Truckload Carrier Shuts Down
    Northeastern truckload carrier Atkinson Freight Lines closed its doors after being battered by rising costs and competition from larger national...
  • US Steel Imports Jump 20.2 Percent
    U.S. steel imports in January jumped 20.2 percent from a year earlier amid a strengthening economy and rising demand from...
  • NY Softens Rule on Ships' Ballast
    The state of New York has backed away from plans to impose stringent ballast-water standards that industry officials said threatened...
  • European Shippers Say FMC Underestimated Rate Volatility
    The Federal Maritime Commission underestimated the magnitude of rate volatility in the Europe-Asia trade when it assessed the effects of...
  • MOL, Cosco Ships Collide Near Hong Kong
    An MOL containership collided with another containership owned by Cosco on Wednesday southeast of Hong Kong. The MOL Maneuver...
  • Diana Containerships Swings to $1.3 Million Profit
    Diana Containerships booked a profit of $1.3 million in the fourth quarter of 2011 against a year-earlier loss of $15,600,...
  • Asia-Europe Rates Rise on Maersk Capacity Cut
    Spot freight rates on the westbound Asia-Europe trade lane rose 3 percent this week from the week before after Maersk...

Containerisation Internationalweb site
FEBRUARY 23, 2012
  • Pipavav posts first net profit
    Rising cargo volumes, improved economies of scale and rising levels of operational efficiency combined to give APM Terminals Pipavav its first net profit. The port, ...
  • Asia/Europe now far more competitive than transpacific
    Recent analysis done by SeaIntel Maritime Analysis shows that competition between Asia and Europe is now much more intense than between Asia and North America. ...
  • ISS sets up in Saudi Arabia
    Attracted by the potential for economic growth and the country's growing role in international trade, the leading maritime services group, Inchcape Shipping Services, ...
  • Africa is hit hard by the pirates
    East and South African appear to be paying a high price for the rise in piracy incidents in the Indian Ocean. In addition to the direct costs involved in offering ...
  • All-in rates from Asia to Northern Europe still staying up
    Ocean carriers still appear determined to see all freight rates from Asia to Europe increased. The World Container Index's latest information out today reveals ...
  • MOL and COSCON boxships clash
    No injuries or oil spills were reported from a collision between the 2010-built 6,724TEU MOL Maneuver and the 4,221TEU ...
  • OOCL and RCL club together on China-ASEAN loop
    OOCL is boosting its service offering on the fast growing trade between north east and south east Asia by launching a new sling by joining forces with intra-Asia ...
  • Somalia summit: 'less talk more action'
    That is the hope of many of the senior representatives from 40 nations attending a conference on Somalia in London today to agree a road map for the 'world's worst ...
  • PANYNJ pips pre-recession numbers
    The Port of New York and New Jersey [PANYNJ] achieved 'record' throughput in 2011 - surpassing the previous record volume in 2007 before the start of the global ...
  • ESC sees red over FMC's analysis of banning conferences
    The European Shippers Council has queried a number of conclusions and observations made in the Federal Maritime Commission's recent study on the side effects in ...

TradeWindsweb site
FEBRUARY 23, 2012
  • Cantor condemns Title XI bid
    Ray LaHood and Marad loan programme under fire as Congress questions Overseas Shipholding Group's dealings with Iran.
  • Get tomorrow's news today
    Be the first to read the latest shipping industry news with TradeWinds new Apple and Android apps.
  • ISC mints PCTC transaction
    Niels Johnsen says expansion may be on the menu as US-listed owner frees up cash in $59m sale-and-leaseback deal.
  • Teekay Offshore cuts Q4 loss
    New York-listed FPSO and shuttle tanker owner chops deficit and looks forward to expanding fleet.
  • Distressed deals will open up
    D'Amico CEO Marco Fiori says 2012 will be a "fertile ground" for mergers and acquisitions.
  • Genco shares plunge again
    Peter Georgiopoulos led dry cargo company to raise $53m to boost finances.
  • Aegean tops forecasts
    Greek bunker titan beats Wall Street bets in the fourth as focus turns to niche regions like the Mediterranean, analyst notes.
  • Stealth primed for expansion
    Harry Vafias-led LPG specialist readies expansion drive following fourth-quarter win and freshly minted sale of Gas Kalogeros.
  • Ocean Rig profit down a third
    Revenue show strong growth but income heads in the same direction as drill bits.
  • TNK eyes acquisition trail
    New York-quoted owner poised to pounce on aframax and suezmax tankers despite fourth-quarter loss.
  • Havyard books Vestland pair
    Norwegian owner inks a platform supply vessel at Per Saevik's shipyard with an option for another.
  • Evensen hungry for more
    Teekay LNG chief says Maersk swoop has not satisfied its appetite for tonnage in booming business.
  • Navios takes a Q4 income hit
    But Angeliki Frangou led bulk carrier operator maintains an unchanged dividend.
  • Teekay Corp doubles loss
    New York-listed tanker owner hurt by falling rates in 2011, but is redelivering loss-making vessels as it seeks to rein in costs.
  • ACM in Middle East merger
    Mark Jewell-headed wing joins forces with ICON Chartering to boost Dubai venture.
  • Big guns in anti-piracy push
    AP Moller, Shell and BP to inject cash into community projects to help curb Somali threat.

American Shipper - Ocean newsweb site
FEBRUARY 23, 2012
  • U.S. offers Website for small exporters
  • Kenya Airways gets cargo plane
  • Data2Logistics expands in Europe
  • SEKO picks GT Nexus to automate logistics
  • Con-way finds iPads to be sales boon
  • Cambon: Carriers engaged in 'value destruction'
  • Tacoma's box traffic up 8.8%
  • Shippers respond to FMC report on EC shipping rules
  • Maersk raising rates from Asia to Americas
  • MOL, COSCO vessels collide

The Bunker Bulletinweb site
FEBRUARY 23, 2012
  • Wincanton to distribute Chevron Marine lubricants
    UK supply chain solutions provider signs three-year deal with Chevron division.
  • Big price gains across Europe
    Very good bunker demand in Piraeus.
  • Ship energy efficiency has been 'going backwards'
    Analysis of large tankers and bulk carriers concludes 'the development of EEDI in these ships has moved in the wrong direction'.
  • Prices firm across Middle Eastern and African ports
    Not a very busy market in Durban, player reports.
  • Market abuzz with rumours of Vitol, Grindrod deal
    Some say sale of stake in Grindrod's marine fuel subsidiaries to Vitol is 'a done deal'.
  • DSME seals $709 million naval fuel tanker deal
    37,000-tonne tankers able to 'simultaneously' refuel several naval warships, says UK Royal Navy.
  • IFO prices down in Singapore, up at other Asian ports
    Demand mixed at major Asian bunkering hubs on Thursday.
  • Singapore fuel oil stocks at 40-week high
    High influx of fuel oil cargoes expected to continue in March.
  • Panama to invest $65 million in multi-storage oil facility
    Melons Oil Terminal Inc. to construct two million barrel capacity oil storage facility.
  • Vitol's trading volumes up 14.5% in 2011
    Trading volumes up despite 'challenging' environment, says company President and Chief Executive.
  • Aegean shares rise to seven-month high
    Aegean's Q4 profit, revenues trump analysts' estimates.
  • Bulker firm settles unpaid bunker bills
    Globus pays for outstanding bunker payments owed by charterer to secure release of arrested vessel.
  • NOL targets $500 million costs reduction
    'Significant part' of the number is aimed at reducing fuel consumption, says President of its box unit, APL.
  • US refinery completes shutdown
    Hovensa completes shutdown of 350,000 bpd refinery in St. Croix, US Virgin Islands.
  • Americas markets flat for third straight day
    Oil fell from the highest close in nine months on the New York Mercantile Exchange.

›››File
FROM THE HOME PAGE
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
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%)
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
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.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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
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%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
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
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%)
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%
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