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Independent journal on economy and transport policy
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BRIEFS
July 26, 2012
Sched Netweb site
  • Costamare first half net profit increases 3.5pc to US$45.7 million
  • East African piracy slows, but West African pirates take up slack: IMB
  • US Senate committee backs ENFORCE Act crackdown on dumping and tax evasion
  • Zhaoqing port's volume expected to reach 39 million tonnes by 2015
  • Tianjin's Binhai New Area to speed up development of traffic infrastructure
  • South Africa's Transnet raises US$1 billion from 10-year bond sale
  • Ever Dynamic makes first call at Abu Dhabi's Khalifa Port before opening
  • IMO approves shift of shipping lanes on US west coast to save whales
  • CEVA offers customers mobile wireless app for online shipment tracking
  • Forwarder Davies Turner acquires 7,000-square metre cross dock warehouse
  • Delhi customs seizes US$6.3 million in Malaysia-bound ketamine party drug
  • Southwest Airlines Cargo offers asset tracking technology via website
  • Virgin Atlantic Cargo names Hermes as GSA for Cancun-Gatwick service

Exim Indiaweb site
JULY 25, 2012
  • Allcargo announces joining of key people to manage strategic functions
  • Containership scrapping surges to 200,000 TEUs in H1 2012
  • Intelligence agencies want better security checks at Alang yard
  • Maersk Line turns waste into value
  • Oil embargo pushes Iranian crude output, exports to record lows: Report
  • Ship Air adopts new name to underscore unique identity
  • Cheap steel imports from Korea, Japan flooding market
  • Kerala to take call on Vizhinjam re-tender soon
  • CHA staff strike continues at Air Cargo Complex
  • Concor net profit climbs 4 pc in Q1
  • Cabinet approves 21 pc import duty on power gear
  • Export policy for agri commodities may be reviewed soon
  • INR falls further
  • Maharashtra gets third NIMZ
  • Mumbai Customs lays foundation for office complex

Marine Logweb site
JULY 25, 2012
  • CBO: Navy underestimates long range shipbuilding costs
  • TY Offshore and FMT christen first in ten barge series
  • Technip to charter advanced OCV
  • Seadrill gets $4 billion ultra-deepwater unit commitment
  • Skandi Aker gets milestone well-intervention role
  • Inmarsat warned not to provide services to Iranian ships
  • Wärtsilä books ship design orders for Statoil PSVs

World Wide Shipperweb site
JULY 25, 2012
  • Port of Longview taps Kalhagen as new chief executive officer
  • Port of Vancouver, USA welcomes maiden voyage vessel
  • Evergreen Line christens new L-type container ship
  • Port of Seattle plans upgrades for north satellite at Sea-Tac Airport
  • ATA truck tonnage index up during month of June

Lloyd's Listweb site
JULY 25, 2012
  • Cuba service could point to shipping future
    Miami and Havana get first direct link in half a century
  • Mariel aims to become Caribbean box hub
    PSA project can benefit from Panama Canal expansion
  • LNG orders wobble in face of financial and chartering challenges
    EXCLUSIVE: Stena withdraws from double DSME order after IPO plans put on hold
  • Forced sales not the only alternative for banks
    Creative solutions on offer when loans default
  • Newer ships most at risk in KG crisis
    Hundreds are struggling, but thousands are not
  • London 2012 is a far cry from Beijing 2008
    What a difference four years can make - but can shipping learn a lesson from the Olympics?
  • Owners of Middle East VLCCs fight back
    Fresh cargoes instill new confidence in owners
  • Iranian maritime body hits back at UANI campaign
    AMBD says the argument against classification of Iranian vessels is based on misleading information
  • Crude tanker tonne-mile demand up
    Indian subcontinent and Far East boost measurement of shipping demand
  • Time for wishing and hoping is over
    Stop ordering and scrap now if there is to be a tanker recovery, warns report
  • German boxship is chartered by Maersk after MSC deal falls through
    Ilse Wulff fixed at similar rate as vessels over 5,000 teu still attract healthy interest
  • Reefer markets to rebound after record scrapping
    Seatrade chief predicts rates to return to $1 per cu ft per 30 days by next peak season
  • Blackstone secures Title XI decision
    Lawsuit withdrawn after US Maritime Administration pledges to end uncertainty over APT loan guarantee
  • Palmer finalises bulker deal with CSC Jinling
    Colourful Australian tycoon says he wants to enter the shipping world
  • Hamburg's HHLA lowers forecast as economy slows
    New liner schedules reduce throughput to 2011 levels
  • DVB severs relations with Moody's
    Ratings failed to reflect strong performance in international transport finance, says bank
  • SNCM plans $970m order for eight ro-ros
    STX France on shortlist for contract
  • Samudera improves profits in second quarter
    Currency swings and box sale add to rise as intra-Asia box trades show growth
  • IHC Merwede optimistic about Southeast Asia offshore prospects
    Dutch shipbuilder's offshore business supported by high oil prices
  • The dashed line
    Lack of co-ordination between government agencies in China could stoke South China Sea disputes
  • Containerised trade is good for the soul
    Welcome to the wonderful economic world of container lines
  • US Gulf opportunities bag $4bn deal for Seadrill
    Fredriksen drilling company takes advantage of strong demand
  • Swiber Holdings aims to raise $119m with notes offering
    Issuance will help fund offshore vessels specialist's recent expansion
  • Minoan clinches ro-pax charters with CIN
    Europa Palace and Olympia Palace leave for service in Italy under lengthy time charter
  • Free new support software for Singapore ship sale form available
    Asian Shipowners' Forum behind six-month offer
  • Iran shipyard launches long-awaited aframax
    Ship was part of a deal with Venezuela's PDVSA inked more than six years ago
  • Brunei Gas Carriers secures $83m Islamic financing
    State-controlled shipping line refinances LNG carrier Abadi
  • Costamare beats Wall Street estimates in second quarter
    Greece-based boxship owner arranges 100% financing for new $11.3m acquisition from KG liquidator

Fairplayweb site
JULY 25, 2012
  • Seadrill unveils $4Bn, three-ship deal
    SEADRILL, the listed company in the centre of John Fredriksen's drilling operations, said today it has closed a $4Bn deal with a major oil company
  • TransAtlantic plans to lay off and reflag
    SWEDEN'S TransAtlantic said it plans to lay off 25 seafarers and reflag four ships to reduce its industrial shipping unit's losses
  • EC to investigate Malta's tonnage tax
    THE EC TODAY opened an inquiry into Malta's tonnage tax to investigate whether the scheme's benefits have been extended to unintended sectors
  • EC clears one Polish loan
    THE EC TODAY said that that €37.5M ($43.4M) lent by a Polish government agency to the shipbuilder Crist did not violate competition rules
  • APT Title XI decision expedited
    AFTER filing suit against the US government, APT has been promised that its loan-guarantee application will be decided by the end of next month
  • Costamare tops forecast
    NYSE-listed box ship lessor Costamare has added to its fleet through a KG insolvency acquisition and posted better results than expected
  • Nigerians fine Shell for spill
    NIGERIAN President Goodluck Jonathan has approved a $5Bn fine against Royal Dutch Shell and its local operator SNEPCO in a 2011 oil spill, IHS Global Insight reported today
  • Ultrapetrol shares gyrate
    NASDAQ-listed shares of mixed-fleet operator Ultrapetrol jumped 37% yesterday - just a day after they fell 21
  • Ottawa OKs Prince Rupert corridor funding
    CANADA'S government has awarded C$15M ($14.73M) to Prince Rupert's port to help fund a C$90M rail corridor to nearby Ridley Island
  • China's coal imports rise
    CHINA's imports of coking and steam coal were up year on year in June, but the month on month figures diverged
  • Swiber seeks to issue $119M in notes
    SINGAPORE'S Swiber Holdings said it plans to issue up to S$150M ($119M) in fixed-rate notes to pay debts
  • Drybulk congestion rises
    DRYBULK port congestion has worsened since the derailment on a feeder line to Australia's Hay Point and Dalrymple Bay
  • Japan's LNG imports outstrip crude cargoes
    JAPAN'S LNG imports are growing faster than its crude imports, which have slowed year on year in the past three months
  • MISC nears clean-out of its box ships
    MALAYSIAN carrier MISC has now sold or scrapped almost its entire box ship fleet since it exited the container business in November 2011
  • Singapore offers free form op
    THE ASIAN Shipowners' Forum and maritime software developer SD Software Developers are offering six months of free use of a programme to edit the Singapore Ship Sale Form

The Journal of Commerceweb site
JULY 25, 2012
  • STB Plans to Ensure Captive Shippers Can Challenge Rates
    The Surface Transportation Board wants to change rules to ensure all captive shippers have a "meaningful way" to challenge railroad...
  • Long Beach Commissioners Approve Contract to Replace Aging Bridge
    The Long Beach Board of Harbor Commissioners approved a $649.5 million contract with a joint-venture team to design and build...
  • Steel Imports Dipped 4.2 Percent in June
    U.S. steel imports declined 4.2 percent in June, the first year-over-year decline in 2012, as demand softened and buyers slowed...
  • Container Volumes Rise at Port of Tacoma
    June was a strong month at the Port of Tacoma, with container volumes increasing almost 10 percent compared to June...
  • Bill Would Restore US-Flag Cargo Preference Cuts
    A bipartisan House bill introduced on Wednesday would restore the share of federal food aid required to be transported by...
  • Evergreen Takes Delivery of First L-Type Container Ship
    Evergreen Line took delivery of its first L-type container ship, the Ever Lambent, which has a capacity of 8,452 20-foot-equivalent...
  • Higher Transport Costs Hamper C.H. Robinson
    C.H. Robinson Worldwide was stuck between a truck and a hard place in the second quarter, with net trucking revenue...
  • RailAmerica Profit Up 28.7 Percent on Volume Gain
    RailAmerica, a short-line and regional holding company subject to an acquisition by Genesee & Wyoming, saw its profit jump 28.7...
  • FMC Votes 3-2 for Report Critical of Canada
    The Federal Maritime Commission voted 3-2 to adopt a report said to be critical of Canadian actions to encourage diversion...
  • Truck Tonnage Rose 1.2 Percent in June
    The U.S. economy is slowing, but more freight hit the highways in June, as truck tonnage increased 1.2 percent from...
  • ATA Opens Court Battle Over Driver Work Rules
    The latest truck driver hours of service rule is not only arbitrary and capricious, but unwarranted, the American Trucking Associations...
  • CP Blames Strike, Management Costs for 20 Percent Profit Drop
    Canadian Pacific Railway blamed a nine-day strike and costs accrued from a management shakeup for a nearly 20 percent drop...
  • CN Profit Up 17.3 Percent on Intermodal Growth, CP Strike
    A 13 percent jump in intermodal volume and a nine-day strike at its main rival drove Canadian National Railway's profit...
  • Barcelona's Container Volume Dropped 20 Percent in First Half of 2012
    The volume of containers handled by the Port of Barcelona declined by 20 percent in the first six months of...
  • MSC to Raise Rates from US to Australia, New Zealand
    Mediterranean Shipping Co. notified its customers that it will implement a general rate increase on all cargo moving from the...
  • Liner Discipline Holding, But New Capacity Threat Looms
    The maintenance of capacity discipline is enabling container lines to enforce most of the rate hikes introduced since March, claims...
  • Japanese Exports to US Surge 15.1 Percent
    Japan's exports to the United States rose for the eighth consecutive month in June on a year-on-year basis, jumping 15.1...
  • Maersk to Upgrade Rumba Service
    Maersk Line is upgrading the port rotation of its Rumba Service between South America, the Mediterranean, the Middle East and...

Containerisation Internationalweb site
JULY 25, 2012
  • Misdeclared and misdirected
    Once again dramatic pictures of a fire-stricken containership remind us of the single flaw in Malcom McLean's concept that has revolutionised world trade in the ...
  • APM T committed to 'competitive fairness' in Virginia deal
    The Hague-based APM Terminals (APM T) has made several revisions to its proposal to the Virginia Port Authority (VPA) to take over the operations of cargo-handling ...
  • TCB Buen's capacity to hit 600,000TEU
    Barcelona-based Grup TCB is to invest over USD80 million and in the process almost double the container-handling capacity of its terminal in Buenaventura, Colombia.The ...
  • 'Significant losses' in Beijing floods
    Last weekend's floods in Beijing - caused by the heaviest rainfall in more than 60-years - are thought to have resulted in 'significant losses' much worse than ...
  • Moody's maintains its credit rating on CMHI
    Moody's Investors Service has maintained its Baa2 issuer rating and Baa2 rating of USD senior notes at the Hong Kong-listed China Merchants Holdings International ...
  • IMF: eurozone crisis a 'key risk' to China
    According to the International Monetary Fund [IMF] the escalating malaise in the single currency states of the European Union, which looks likely to result in a ...
  • TMEA targets 15% time saving in East Africa border transits
    Nairobi-based Trade Mark East Africa (TMEA), a donor-funded organisation set up to help East African Community (EAC) member states unlock their wealth through economic/social ...
  • MSC Flaminia: three days to final destination
    At a towed speed of 5 knots, and in good weather, the 10 degree-listing still-smouldering MSC Flaminia could take more than 60 hours to reach ...
  • Mina Qaboos sees box count rise
    The number of containers handled at the Omani port of Mina Qaboos rose in the first six months of 2012 and this despite the government's plans to shift cargo-handling ...

TradeWindsweb site
JULY 25, 2012
  • Hapag unleashes boxship
  • Charterers cling to crown
  • US diffuses Blackstone suit
  • Citi boosts duo
    Citi has placed a buy tag on two of Asia's largest container lines.
  • HHI running behind
    South Korea's Hyundai Heavy Industries (HHI) has seen new orders drop 52% in the first half of 2012.
  • Cammell cull?
    Up to 230 jobs may be axed as contracts end at UK shiprepairer Cammell Laird.
  • Offshore sales spike
    Falling asset prices and tightening bank financing may be keeping a lid on sale and purchase activity in the mainstream shipping world - but in offshore activity is on the rise.
  • China going hungry
    Up to 90% of China's shipyards have not won a newbuilding order this year.
  • Maersk Line calls a halt
    Denmark's Maersk Line is suspending a Thai feeder service due to market weakness.
  • Seadrill strikes record
    Offshore driller's shares hit new high-water market after 'amazing' contract win.
  • SNCM eyes ro-pax splash
    France's SNCM is lining up an order for eight new ro-pax ships.
  • Nasco chops bulker
    Nasco has weighed in another of its 1980s built bulkers.
  • Deutschland squeezes in
    A Peter Deilman cruiseship has arrived for the London Olympics - with only inches to spare.
  • Tycoon versus magnet
    Salvors on Christmas Island are using a giant magnet to hoover up all traces of a wrecked cargoship.
  • UOB hikes box sector
    Hope long-term profitability is now in sight has led UOB Kay Hian to upgrade its view on the container shipping sector.
  • Crewman dies in fall
    A seafarer has died after plunging from a ladder on a Zodiac Maritime capesize in Durban, South Africa.
  • DVB cans Moody's
    DVB Bank has cut ties with Moody's amid complaints other ratings heavyweights had a far healthier view of the German lender.
  • Dae San saved
    A leaking North Korean cargoship has been safely brought into Oman by tugs.
  • Hat-trick for Big John
    John Fredriksen's Seadrill has bagged a lucrative charter pact for three of its vessels.
  • Palmer orders bulk quartet
    Australian mining tycoon Clive Palmer has clinched an order for four bulkers in China.
  • Fire under control
    Salvor Smit has brought the blaze on board MSC Flaminia under control, but has still not been able to check containers on board.
  • Finally!
    Celebrations were in full swing at Iranian shipbuilder Iran Marine Industries Co (IMICO) on Tuesday as the first of three aframax tankers it is building for Venezuela's PDVSA was floated out of its building dock.
  • Transnet oversubscribed
    Transnet, South Africa's state-owned port & rail operator has raised $1 billion through a 10-year bond issue in the United States.
  • Brunei Gas Carriers refinances Abadi
    Brunei Gas Carriers has lined up an $83 million refinancing package for its 135,000-cbm LNG carrier Abadi (built 2002) with Bank Islam Brunei Darussalam Berhad.
  • Costamare beats Street

American Shipperweb site
JULY 25, 2012
  • Paragon packs on the upgrades
  • HighJump adds Dynamics support to EDI
  • Non-truck growth helps boost C.H. Robinson revenue
  • CaroTrans starts Seattle-Japan LCL service
    The NVO and ocean freight consolidator CaroTrans has started a new direct LCL service from Seattle to Tokyo, partnered by Japanese NVO Seino Logix, with a 13-day transit to Tokyo, 14 days to Yokohama and no transhipment via Busan.
  • Faltering textile trades dampening global economy
  • CMA's ANZEX loop adds Maersk
    Maersk Line is joining the recently launched seven-ship Asia-New Zealand ANZEX loop provided jointly by CMA CGM (five ships) and OOCL (two-ships), marketing space between all the ANZEX ports served in China, Korea and New Zealand.
  • Norfolk Southern reports lower earnings
  • Maersk alters FEW3, CMA CGM joins
  • Clarification: Port of Miami channel deepening
  • DGX opens Port Kelang facility
  • Maersk bans Berbera, terminates Male

The Bunker Bulletinweb site
JULY 25, 2012
  • Fujairah sees softer market
    Suez remains out of fuel while bunker prices in South African ports start to climb.
  • Prices lack direction in North West European ports
    Outlook uncertain in most European ports as demand waned.
  • Ferry operator might choose gas
    SNCM could go down the LNG bunker route as it gets ready to place a substantial order for new ships.
  • Wartsila's LNG design powers ahead
    Wartsila order features energy-saving systems for platform support vessels.
  • Mid-week IFO prices largely down at Asian bunker hubs
    Demand for bunker fuels below average at key Asian ports on Wednesday.
  • WFS sues third party over alleged off-spec bunkers
    Files complaint against Westport Petroleum in relation to a case pursued by Malaysian shipping firm MISC.
  • Bunker surcharges boost Samudera's bottom line
    Higher box liftings and gains from asset sales also helped lift profits.
  • Marine insurer notes non-enforcement of ECA in Canada
    Canadian authorities have 'no means of enforcing' low sulphur fuel use for the time being, says Gard.
  • First LNG cruise/ferry engine order confirmed
    Emissions from LNG-based engines already within limits of IMO Tier III standards.
  • Northern Sea Route expecting sales growth
    Lukoil-Bunker expects more vessels to use the Northern Sea Route this year.
  • Cardiff firm takes delivery of fuel-efficient bulker
    The 35,000 dwt vessel built with frequency-controlled seawater cooling pumps which reduce power consumption by 70%.

›››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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