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Independent journal on economy and transport policy
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BRIEFS
July 27, 2012
Sched Netweb site
  • Shenzhen first half container volume increases 1.3pc to 10.7 million TEU
  • TransChina Shanghai-to-Chengdu railway now opens to Yichang from Wuhan
  • Box lessor CAI International quarterly profit up 39pc to US$15 million
  • Smouldering MSC Flaminia fire under control while under tow to UK coast
  • MSC surcharges US imports to cover costly UN low-sulphur fuel mandate
  • US President fast tracks project to deepen Port of Savannah's harbour
  • Russian arms ship puts into St Petersburg, then falls beneath radar enroute
  • Canadian National Railway quarterly profit up 19pc to US$648 million
  • Canadian Pacific Railway quarterly profit down 20pc to US$101 million
  • 45,000 bags of rice, labelled building materials, seized at Subic
  • Nigeria needs ship funding to compete globally, says shipping council
  • A380s to be grounded for eight weeks to fix cracks, retrofit brackets
  • UPS second quarter profit increases 12.1pc to US$122 million
  • Hong Kong to reduce ANA, Cathay and SIA in fuel surcharges in August

Exim Indiaweb site
JULY 26, 2012
  • Pilots & shipowners join forces on pilot ladder safety
  • Research report affirms 'Daily Maersk' reliability
  • APM Terminals Mumbai achieves 500 safe days!
  • Kandla Port deploys floating crane
  • Sri Lanka refuses to move shipping lane further out to sea to save whales
  • Konkan Rly expects to earn 40 cr. from RoRo service this fiscal
  • Rlys benefiting from ex-Minister's move to increase freight rates
  • Deferring rate cuts could hit industry hard: Fieo
  • Focus more on mfg SEZs in remote areas: Commerce Ministry
  • INR recovers on strong Asian markets
  • ITA makes pitch for hiking duty drawback on tobacco exports
  • USITC to maintain anti-dumping duty on stainless steel from India, three other countries

Marine Logweb site
JULY 26, 2012
  • Inmarsat responds to Shurat HaDin statement
  • SHI delivers world's largest wind farm installation ship
  • European discounting hits RCL earnings
  • GEA Westfalia launches chemical-free BWT
  • Inland tank barges boost Kirby earnings

World Wide Shipperweb site
JULY 26, 2012
  • Port of Seattle celebrates first All Nippon Airways flight
  • Trucking association files brief slamming new hours-of-service rule
  • Annual canoe landing event headed to Port of Olympia site
  • Nippon Cargo Airlines receives first 747-8 Freighter
  • Transport industry groups pen updated pilot ladder brochure

Lloyd's Listweb site
JULY 26, 2012
  • Outlook dims for product tankers shipping cargoes to US east coast
    Need for imported refined oil products has fallen along with tonne-mile demand
  • One door closes, another opens
    Fewer imports into the US east coast but roaring trade builds from US Gulf to South America
  • US product consumption and imports at record lows
    April import figures lowest since 1985
  • LNG demand from importers is on the rise
    Figures provide owners with positive outlook but source of fuel is key to future
  • Offshore shipping to favour cheap labour, warns recruiter
    Boom in offshore leads to rush for crew
  • Gas shipping leaves coal rival in its wake
    New deliveries could hasten end of capesize spot market
  • BP leaves the Arctic for others
    With or without BP, the Arctic will be drilled and needs shipping
  • Supramaxes have lost 10 Indonesia ore cargoes a month since export ban
    New regulation has seen nickel ore and bauxite trade disappear since May
  • Aframax tonnage surplus may not be as bad as expected this year
    Clarksons reduces difference between supply and demand from 7m dwt to 5m dwt
  • NITC repositions suezmax for Mediterranean shipments
    After an Iran-Turkey run, Blossom has now completed a Sidi Kerir-Turkey trip
  • Only 50 armed guards firms have UK government licences
    Security companies' association has 167 members of which 80 are UK-based, raising concern over PMSCs operating outside the law
  • Costamare enlists bank support for KG bargain hunt
    Surprise at 100% finance deal for feedership
  • Opportunities arise for product tankers after UK refinery closure
    The closure of the Coryton refinery is expected to boost the number of gasoil cargoes heading from the US
  • Navios Partners splashes $41m on two more bulkers
    Acquisitions are with renewal in mind says owner after 24% increase in net income
  • BG Group buoyed by LNG shipping success
    Division sees profits rise 13% in the second quarter compared to 2011
  • CSA warns of West African piracy
    Chinese industry group urges shipping lines to be more cautious after spike in attacks
  • HPH Trust reports 6% fall in profits in first half
    Throughput was up 5% on healthier trades with emerging markets
  • Kirby profits beat street expectations
    Jones Act barge and diesel engine company delivers good news one month after massive cut in guidance
  • CMHI unit sees intra-Asia trade support Shenzhen box volumes
    Emerging markets will provide opportunities for future growth, says Shekou Container Terminals
  • Wilhelmshaven terminal opening delayed
    Repair work to quay is completed but full port operation postponed by two months
  • A boatload from Cuba
    A resourceful Miami owner isn't waiting for the US to stop nursing its grudge
  • One dead, four missing in MISC tanker fire at Labuan port
    Firefighters still fighting blaze on Bunga Alpinia
  • Shell's lower LNG sales raise concerns over reliability of export projects
    Second quarter results from energy giant surprise analysts
  • Auerbach Schifffahrt snaps up KG vessel at auction
    Beluga Flirtation is third in fleet and will be renamed Maple Lea
  • China sees strong yet slowing expansion in coastal bulker capacity
    Port throughput also grows at slower pace

Fairplayweb site
JULY 26, 2012
  • Vale ups Chinese ore sales
    BRAZILIAN iron ore miner Vale has reported sliding profits despite increasing long-haul shipments to China
  • Asian steel production defies global flatline
    STEEL production by major Asian producers continued to climb in June, even as world steel output flatlined on declining European and US production
  • Star Bulk plots reverse split
    STAR BULK is the latest public shipping company confirming plans for a reverse split to fend off a potential delisting
  • Heat foils Flaminia checks
    SALVORS are still waiting for conditions to improve aboard the smouldering box ship MSC Flaminia so they can inspect its containers, its ship manager said today
  • Glowing Canada/China export prospects seen
    A RISE in exports of uranium from Canada to China will result from the 19 July signing of a supplementary protocol to the existing Canada-China Nuclear Co-operation Agreement
  • Three charged in deadly sinking
    A CAPSIZED ferry's owner, master and operating manager have reportedly been charged in Zanzibar with manslaughter
  • Schenker posts strong ocean freight gains
    GERMAN forwarding group DB Schenker Logistics posted strong H1 volume growth in ocean freight today
  • Navios reveals S&P moves
    ANGELIKI Frangou-led Navios Partners today confirmed its first-ever secondhand bulker acquisitions and an increase in quarterly profits
  • Irano Hind's fleet split
    THE STRUGGLE to sign up charterers, given UN sanctions against Iran, was behind Irano Hind Shipping's shutdown, SCI's boss told Fairplay today
  • Stena LNG slams on brakes
    STENA LNG told Fairplay today it has decided to delay both a floatation of its shares and an order for two LNG carriers
  • Panamax pace slows
    PANAMAX bulkers have had a slow week, as the South American grain season fades away and Chinese steam coal demand remains weak
  • VLCC owners resist
    VLCC owners' resistance to loss-making rates has resulted in a small gain in rates
  • SNCM to spend up to $1Bn on newbuildings
    FRENCH Mediterranean ferry operator SNCM told Fairplay it plans to spend €800-850M (up to $1.04Bn) on eight ro-pax newbuildings over the next six years
  • 87% fall in profits predicted for Precious
    PRECIOUS Shipping's 2Q12 net profits are expected to plunge almost 87% year on year to 53.05M baht ($1.68M), PhillipCapital warned today
  • TAS Offshore's profits rocket up by 190%
    MALAYSIAN shipbuilder TAS Offshore said profits for its fiscal year rose 190% to 11.3M ringgit ($3.6M)

The Journal of Commerceweb site
JULY 26, 2012
  • US Intermodal Volume Rises 6.2 Percent
    Intermodal shipments on major U.S. railroads in the week ending July 21 rose 6.2 percent year-over-year but were flat from...
  • Asia-Europe Spot Rates Slip Again
    Spot rates in the Asia-Europe trade weakened again this week - the third consecutive week of decline - despite carrier...
  • Profit, Volume, Revenue Grow at Samudera Shipping
    Intra-Asia container operator Samudera Shipping Line reported increased container volume, revenue and profit for the second quarter. The Singapore-listed...
  • Singapore Airlines Back in the Black
    Singapore Airlines returned to profit in the last quarter, but warned the cargo outlook remains poor. After booking a...
  • MNX Names Lee to Asia Pacific Post
    As part of its ambitious global expansion plan, MNX has appointed Florence Lee to its Asia Pacific leadership team. ...
  • Stricken MSC Flaminia Nears UK Coast
    Firefighters planned to reboard the MSC Flaminia to attack remaining fires as the stricken container ship moved within 170 nautical...
  • Hyundai Motor Downgrades Sales Forecast
    Hyundai Motor lowered its global forecast for automobile sales this year because of the worsening outlook for demand in Europe...

Containerisation Internationalweb site
JULY 26, 2012
  • Bunker prices also confused
    Rotterdam-sourced IFO 380 inched up another USD2 per tonne in trading today to USD598, after small gains in the two preceding days in the wake of a USD25 crash ...
  • US trucks in upward blip
    The American Truck Association's [ATA] seasonally adjusted for-hire truck tonnage index advanced by 1% in June after falling back a revised 0.7% the month before, ...
  • Evergreen christens first 'L-type' box ship
  • UK prepares to host the 'recessionary games'
    Ahead of the 2012 London Olympics, which are expected to give a spending boost kick-start to the UK economy, official figures show that the recession deepened in ...
  • Union Pacific 'best ever' Q2 results
    US rail company Union Pacific (UP) has reported 'best ever' Q2 results - and said that intermodal freight revenue was up 10% year-on-year on the back 846 containers ...
  • Barcelona's box blues
    The number of containers handled at the port of Barcelona in H1 12 fell by 20% to 849,973TEU as sharp falls in its import (-14%) and transhipment traffic (down ...
  • MSC tops LLI 'inactive' list
  • Messina orders four more conros
    Genoa-based Ignazio Messina & Co is behind the order for 4 x 3,000TEU-class container/ro-ro ships placed at the South Korean shipyard, STX Offshore & ...

TradeWindsweb site
JULY 26, 2012
  • Exmar sheds LPG carrier
  • Frangou defends deals
  • Angeliki leads 'evolution'
  • Sanko sheds two more
    Bankrupt Sanko Steamship has continued to cash in its fleet of offshore support vessels.
  • Maersk Zealand
    Denmark's Maersk Line is launching a new run from Asia to Auckland.
  • Classic takes cape brace
    George Economou's Classic Maritime has added two capesize bulkers to its roster.
  • D'Amico back at Mipo
    D'Amico International Shipping (DIS) is heading back to South Korea for two new handysize tankers.
  • Royal turns red
    Royal Caribbean Cruises slumped into the red in the second quarter as the fallout from the Costa Concordia tragedy continued to harm its performance.
  • Finnlines cuts loss
    Finnish ro-ro owner Finnlines has posted a narrow loss for the first half as revenues improved.
  • Flaminia heads to UK
    The badly damaged containership MSC Flaminia is heading for waters off the UK where the first detailed assessment of damage to the vessel will be undertaken.
  • Stella stuck
    A Ukrainian cargoship has suffered a small amount of water ingress in a grounding off Greece.
  • Clarksons charts Scorpio
    Clarksons Capital has backed Scorpio Tankers to keep on growing in the face of a looming second quarter loss.
  • Crist in the clear
    A Polish state loan to shipbuilder Crist was not illegal aid, the European Commission (EC) has ruled.
  • FSL still in hunt
    First Ship Lease Trust has pledged to climb back on the acquisition trail despite a second quarter loss.
  • Odysea fined over dumping
    Greece's Odysea Carriers has been fined $1.2m in the US after admitting illegally discharging oil from a bulker.
  • Sasebo into the red
    Japanese shipbuilder Sasebo Heavy Industries has fallen to a loss in the first quarter - and there is worse to come.
  • MR de-motivator
    Owners wading into the MR tanker segment could end up disappointed, a leading Greek broker says.
  • PGS raises sights
    Oslo-listed offshore owner lifts its 2012 profit forecast after better second quarter.
  • Maersk in box blast
    An investigation has begun into an explosion that blew the top off a box on board a Maersk containership.
  • Five missing in fire
    One man has died and four other crew are still unaccounted for after a huge fire tore through a MISC chemical tanker in Malaysia.
  • Kirby ups profits
    Kirby Corp, the US's largest inland tank barge operator saw its second quarter 2012 net income climb to $47.6m, or $0.85 per share, compared with $41.7m, or $0.77 per share, a year earlier.
  • Stolt Valor to be scrapped
    Stolt-Nielsen has decided to scrap a chemical tanker damaged by an explosion in March.
  • ISC profits tumble
    Bad bulk markets and less military work saw US owner International Shipholding Corporation's profits take a dip in its second financial quarter.
  • BGC secures funding
    Brunei Gas Carriers has lined up $170 million in Islamic financing to fund an LNG carrier it has on order at Hyundai Heavy Industries.
  • Costamare scans KG scene

American Shipperweb site
JULY 26, 2012
  • Hapag-Lloyd adds vessel to Med-Pac service
  • Pacer reports lower profit
  • Evergreen warns of fraudulent agent in China
    Container line comes across a counterfeit email from entity advertising itself as agency representative in China, emphasizing to its customers that its China representative is Master International Shipping Agency
  • Francisco Partners finalize acquisition of Kewill
  • Canadian Railroads with mixed results in Q2
    Canadian National capitalizes on labor disruption at its competitor Canadian Pacific during May to post 17 percent profit increase in second quarter, with seven commodities recording double digit growth
  • UPS names former Fed governor to board
  • SP Express adds textile-focused services
  • FMC to release report on Canadian/Mexican cargo "diversion"
  • CargoWise buys software vendor Translogix

The Bunker Bulletinweb site
JULY 26, 2012
  • Market firm in Fujairah
    Fujairah's bunker market regains some upward momentum while South African ports see some big falls.
  • Wartsila ahead in expanding LNG market
    'We are extremely confident about the positive developments of LNG bunkering infrastructure around the globe,' Bunkerworld is told.
  • Market firm in North West Europe
    A tale of two markets as prices climb in northern Europe but fall across the southern ports.
  • Rolls-Royce receives patent for 'mixed propulsion system'
    Mixed propulsion system will be able to use LNG and 'bunkered diesel fuel', among other products.
  • Fuel stocks creep up to two-week high
    Fuel oil volumes build while distillates fall back on refinery maintenance.
  • Greek owner fined for pollution
    US court hands out $1.3 million fine for covering up oily waste discharges.
  • Call for new port to 'by-pass' Hormuz
    Habshan-Fujairah pipeline shows that there is an alternative to the Strait of Hormuz.
  • Key Asian ports see rise in IFO prices
    Supplies of bunker fuels were largely fine at major Asian ports on Thursday.
  • Evergreen receives first fuel-efficient L-type containership
    The Ever Lambent, part of a series of 20 vessels, is designed to reduce fuel consumption and carbon emissions.
  • Chinese shipyard to build 'Clean Ship' PSVs
    The PSVs will feature a 'world leading standard' for vessel operations, says Sinopacific.
  • Profit booster for US barge operator
    Strong inland tank barge utilisation for Kirby's maritime segment bolsters second quarter earnings.
  • Refinery closure squeezes Japanese supplies
    Temporary closure of JX Nippon's Mizushima refinery will impact bunker supplies.
  • Caltex plans closure of Australian refinery
    Set to curb refining losses by converting Kurnell Refinery in Sydney into a major transport fuel import terminal.

›››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
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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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