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Independent journal on economy and transport policy
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BRIEFS
September 28, 2012
Sched Netweb site
  • OOCL ups Asia-Europe, Med, Black Sea rates US$525/TEU from November 1
  • Maersk to increase reefer rate 30pc to US$1,500/FEU from January 1
  • Hong Kong's old Kai Tak airport to be dredged to build barge loading dock
  • Busan New Port opens Asia's first vertical-automated container terminal
  • Greek unions stage 24-hour general strike to stop social welfare cuts
  • Singapore, Malaysia, Indonesia to boost co-operation along the Straits
  • Panama Canal expansion half done, on schedule, to be completed Q3 2014
  • Jebel Ali's port expansion at T3 to complete 2014, 69 cranes on order
  • US diesel prices down for second consecutive week to US$4.085/gallon
  • OW Bunker unveils new global quality control standards to reduce claims
  • US fines Japanese forwarder US$2.3 million in probe into air cargo cartel
  • China's NDRC to approve more than 20 new airport projects this year
  • IATA chief: Japan should enhance domestic air freight to increase GDP

Exim Indiaweb site
SEPTEMBER 27, 2012
  • ABG Shipyard to raise 1,000 cr.
  • Currency fluctuations, slowdown in steel sector & regulatory risks weighing on credit profile of domestic ship breaking industry: ICRA
  • NYK again included in DJSI
  • Consensus eludes Indo-EU BTIA talks
  • MFN status to India by year-end: Pakistan
  • Global port operators looking at stake in Dhamra port
  • JNPT participates in conference & exhibition
  • Krishnapatnam Port commissions Phase 1 of container terminal
  • Ningbo claims to be decade's fastest growing major port globallyv
  • VTS-GOK facilitates quick search & rescue operation off Kandla Port
  • India may miss $ 500-bn export target for 2014: Assocham
  • MACCIA ex-im training programme from Oct. 1-5

International Transport Journalweb site
SEPTEMBER 27, 2012
  • SAA now serves Mumbai daily
    The Johannesburg-Mumbai route of South African Airways has been upgraded to daily from today. The Star Alliance member introduced a fifth weekly service in June and a sixth one in...
  • Itella new Masku transport partner in Finland
    The Finnish postal operator Itella and Maskun Kalustetalo, a leading Finnish furniture retail chain, have signed an agreement for domestic freight activities, as well as store and...
  • Evergreen improves Libyan links
    The Taiwanese shipping line Evergreen recently started a liner service from Piraeus (Greece) and Marsaxlokk (Malta) to the two Libyan hubs of Misurata and Benghazi, deploying two ...
  • DB Schenker Rail takes delivery of locomotives with particulate filters
    DB Schenker Rail Germany already has 80 Gravita shunting locos with additional particulate filters in its fleet. A total of 130 of these modern and environment-friendly diesel eng...
  • Danish transport companies improve domestic market share
    Danish transport companies' share of lorry traffic to and from Denmark has increased from 34 to 47% in the past two years, according to figures from International Transport Danmar...
  • SNCF to acquire 50% of Europool
    The French national rail operator SNCF is taking over a 50% stake in the Dutch company Europool from the German firm GSG Knape. The other 50% of Europool, which generates annual s...
  • United first North American B787 customer, RAM to follow
    Boeing and United Airlines announced the delivery of the first B787 Dreamliner to United, making it the first airline in North America to operate the aircraft. United will initial...
  • Gondrand reshuffles management
    Olivier Houart, the Gondrand Group's CEO and chairman of the board of directors, has taken on the company's operational management in Switzerland with immediate effect. The execut...
  • Crocodile inspects belly hold
    Baggage handlers on a Qantas flight made a surprising discovery while unloading luggage recently, the Australian media reported. A 60 cm crocodile escaped from its cage during a f...
  • German public inland ports elect executives
    Germany's association of public inland ports (Bundesverband Öffentlicher Binnenhäfen BÖB) unanimously elected a new executive for four years at its 2012 general assembly. It consi...
  • Swiss: next stop Singapore
    The option for Swiss to expand its Asian services with the addition of a daily nonstop Airbus A340-300 flight to Singapore, which Oliver Evans, the cargo COO of Swiss, had announc...
  • Hoyer signs cooperation deal with Etihad Rail
    Hoyer, an international chemical industry logistician, and Etihad Rail, based in Abu Dhabi, have commenced close collaboration in the transportation of liquid bulk cargo in the Un...
  • DHL opens Energy Center in Houston
    DHL, a leading global logistics company, has opened its Energy Center in Houston TX (USA), to showcases DHL's unique range of services for leading players in the energy sector, in...
  • C.H. Robinson to acquire Phoenix International
    The Minneapolis-based third-party logistics provider C.H. Robinson Worldwide has reached a stock purchase agreement to acquire the privately-held international forwarder Phoenix I...

Marine Logweb site
SEPTEMBER 27, 2012
  • Atwood exercises option with DSME for third drillship
  • Huntington Ingalls gets $296 million more for CVN 79
  • Research vessel to become fisheries catcher/processor
  • BAE San Diego gets $20.3 million Navy contract mod
  • Van der Velden and MMG offer Energy Savings Package
  • Atwood books contract for under-construction drillship
  • Blount Boats books contract to build 85 ft ferry
  • Indonesian officials to see Norgas Cathinka VDR data

World Wide Shipperweb site
SEPTEMBER 27, 2012
  • Seattle Port Commissioners call for review of CEO actions
  • Trade between NAFTA partners climbs during month of July
  • Longtime Jensen Maritime exec announces plans to retire
  • Coos Bay Rail Link earns railroad safety honor
  • NYK vessel transports crane to quake damaged Japanese port

Lloyd's Listweb site
SEPTEMBER 27, 2012
  • Oil prices and the power of what-if
    Fiscal policy, geopolitics and fear shape the costs of US crude
  • Human error rather than ageing vessels is biggest risk in Arctic
    Focus should be on the right training to work in icy conditions, says Norton Rose partner
  • Canadian First Nations groups buy land at Kitimat port
    Purchase puts Canada's LNG exports on a surer footing for now
  • Ferry operators bear the brunt of Greece's crisis
    Sector's plight is evident as first of the 'big five' operators seeks court protection
  • Greek ferry bosses meet Mousouroulis for crisis talks
    Jobs are at stake as industry faces 'the most difficult period in our history'
  • Investors advised to put money in ports rather than shipping
    Clarkson Capital Markets says terminals better placed to ride out the cycle
  • Shipowners must work harder to secure finance
    Companies must do more to help themselves, DVB tells Capital Link forum
  • Costa Concordia wreck removal costs increase by $100m
    Claims break second tier of IG reinsurance
  • Iron ore and steel trade to double in five years
    Forecasts point to 2014 as peak year for dry bulk port capacity growth
  • Suezmaxes hit as US imports of West African oil plummet
    Domestic production squeezes out imports of light sweet crude
  • ITF attacks Panama and Cyprus over box weight check delays
    Flag states' delaying tactics highlight 'poor reputations', say unions and shipowners
  • Hour of need
    Greek shipowners pay taxes and raise funds for the poor
  • Teekay and Golar LNG announce Norwegian bond issues
    Oslo market remains viable alternative for maritime and offshore issuers
  • Shipowners pessimistic about supramax rate prospects
    Grim prospects for recouping investments, cost of credit and profit margins
  • Hapag-Lloyd looks to 2014 IPO
    Kühne bides his time, but pledges to keep a controlling stake
  • New labour
    ITF adopts more forward-looking tactics
  • Siem poised to order car carrier pair
    Price of $60m for 6,500 ceu vessel compares well to other orders
  • Brussels puts Spain on a warning for breaking EU port labour rules
    Dockworkers pool limits recruitment from the open market
  • West African demand ignites Atlantic product tanker market
    Earnings for MR vessels hit four-month high
  • Fund launched to target offshore infrastructure vessels
    Investment adviser join forces with Red7Marine
  • Odfjell Terminals (Rotterdam) axes jobs after summer safety shutdown
    Company posts second-half loss as Shell ends its contract at troubled site
  • China ports throughput report slow growth in August
    Ministry of Transport data reveals tepid peak season petering out
  • Europe's dockers warn of backlash against liberalising jobs
    Unions declare they are ready to fight as Brussels considers ports policy review
  • Cosbulk gets $400m loan from CDB
    China Cosco vouches for credit to fortify bulk arm's working capital
  • Pirate attack 'marks start of post-monsoon operations'
    Somali piracy's capability still very much intact, warns Dryad Maritime
  • Indian port concession winners withdraw from project
    Eredene Capital blames abandoning of Ennore terminal on weaker rupee and lower growth in box traffic
  • Univan steps up internal port state control checks
    Move follows UK detention of 2011-built bulk vessel

Fairplayweb site
SEPTEMBER 27, 2012
  • Eagle Ford fuels Jones Act demand in US
    SURGING US oil production is not only curbing import appetite, it is heightening demand for Jones Act tankers and ATBs, several industry sources have confirmed
  • Baoshan shuts plant
    BAOSHAN Iron & Steel, China's largest listed steelmaker, was reported today to have stopped production at a plant because demand for shipbuilding slabs has fallen
  • Panamax bulker rates crash to a record low
    PANAMAX bulker freight rates have crashed to an all-time low as the sector felt growing pressure from newbuilding deliveries
  • Brightoil's profits fall 76%
    HONG KONG-listed bunker supplier Brightoil has reported a 76% year on year drop in 2012 net profits because of weak global demand for bunkers
  • Golar LNG weighs $227M in bonds
    GOLAR LNG said today it might issue senior unsecured bonds in Norway's bond market worth up to $227M
  • Strikers close two ABG Haldia berths
    A WILDCAT strike has shut down two berths at ABG's Haldia Bulk Terminals, a senior Kolkata Port Trust official told Fairplay today
  • LNG rates fall w/w
    LNG RATES are today being quoted lower week on week both on the spot market and for one-year timecharters, a shipping analyst said
  • RCL gets $10M injection
    THAILAND'S RCL said it is receiving a "financial assistance" of 300M baht ($9.7M) from majority stakeholder Ngow Hock Co
  • Bulker fleet growth slows
    ONLY 74 bulkers were delivered from yards in August, well below deliveries in June and July, which saw more than 100 ships arrive each month
  • Drybulk congestion rises
    CONGESTION in drybulk ports has inched up, after falling to a 2012 low last week
  • Subsea 7 plans bonds worth $700M
    SUBSEA 7, the UK-based seabed-to-surface engineering group, said today it plans to issue five-year convertible bonds valued up to $700M

The Journal of Commerceweb site
SEPTEMBER 27, 2012
  • World Container Index Slips 3 Percent
    The World Container Index comprehensive reading for Sept. 21 was down 3 percent or $66.03 from the week before, to...
  • STB Orders Berkshire Hathaway to Divest Two Railroads
    Berkshire Hathaway has roughly a week to explain to the federal government how it will divest itself of two railroads,...
  • Ship Schedule Reliability Fell 6 Percentage Points in August
    Container ships reached their destination ports around the world on time 77 percent of the time in August, a drop...
  • Investors Signal Rail Profit Slowdown
    Investors are scaling back their profit forecasts for several of the major U.S.-based railroads ahead of the release of their...
  • INTTRA Updates OceanSchedules Service
    INTTRA announced a new release of its OceanSchedules service that enables customers to access and evaluate more than 7 million...
  • Indonesia to Implement SOGET-Microsoft Port Community System
    Indonesia is planning to roll out a single electronic platform across all of its commercial ports over the next few...
  • Consortium Drops Bid for India's Ennore Terminal
    India's port privatization program suffered yet another setback Thursday when a consortium that had won concessions to build and operate...

Containerisation Internationalweb site
SEPTEMBER 27, 2012
  • Southampton celebrates box port investment
    The UK port of Southampton yesterday saw the official launch of a GBP150 million investment project aimed at keeping its container facilities competitive. The development ...
  • APM T bags port operator gong at Lloyds List awards
    At a lavish dinner attended by the great and the good of the shipping industry in London's West End last night, the Hague, Netherlands-headquartered APM Terminals ...
  • CP targets Southeast Asia
    Canadian Pacific (CP) is set to boost its links to the Southeast Asia market after expanding its logistics service there by appointing its first representative ...
  • ITF attacks Panama and Cyprus over box weight check delays
    International Transport Workers' Federation [ITF] president Paddy Crumlin and general secretary David Cockroft have joined other industry leaders in voicing dismay ...
  • OOCL push on with RRs
    Hong Kong-headquartered OOCL is attempting to reverse the negative sentiment of freight rate futures on the capacity excess troubled Asia - Europe trade lane by ...
  • Bunker prices on rollercoaster ride
    The cost of Rotterdam-sourced IFO 380 was down by USD4.50 per tonne yesterday at USD631, after gaining USD4 the day before, following a USD6 loss the previous day, ...
  • American trucks weighed down
    The American Trucking Association's [ATA] for-hire truck tonnage index contracted by 0.9% in August after increasing by 0.4% in July, however compared to the same ...

TradeWindsweb site
SEPTEMBER 27, 2012
  • Harvey goes 'green'
    US offshore owner mints deal to build another pair of LNG-powered OSVs.
  • Papaeconomou's pick
    Shares of Baltic Trading would be a nice addition to a diversified portfolio despite ongoing turbulence in the drybulk market, according to Lambros Papaeconomou.
  • Is piracy still a plague?
    Pirate attacks off the Horn of Africa have fallen sharply in recent months but the threat to commercial shipping remains, according to security specialist Dryad Maritime.
  • Molaris sounds eco alarm
    Stamatis Molaris has called on owners not to get caught up in the hype of eco newbuilding orders.
  • Dacy snubs saviours
    Private equity and Chinese banks will not provide a plug for shipping's funding gap, JPMorgan says.
  • Dry dealt another blow
    Sentiment in the bulker market took another hit Thursday in the wake of reports that one of China's top steelmakers has suspended production at a plant in Shanghai.
  • Scorpio seals juicy fixture
    Scorpio Tankers is putting its newest medium-range (MR) products carrier to work on the back of delivery from Hyundai Mipo Dockyard in South Korea.
  • Subsea 7 succeeds
    Oslo-listed offshore shipowner Subsea 7 has sold $600m of bonds to fund expansion.
  • Commerzbank 'stuck'
    Commerzbank could find itself "stuck" in the shipping industry, according to rival Citigroup.
  • 'Rebound unsustainable'
    Clarksons Capital Markets has dismissed a recent rally in the Baltic Dry Index as unsustainable.
  • Golar preps bond press
    Another publicly traded shipowner is turning to the Norwegian bond market it a bid to slash debt.
  • D'Amico adds MRs
    D'Amico International Shipping (DIS) has returned to Hyundai Mipo for two more eco MR tankers.
  • Skaugen: no hit and run
    Norway's IM Skaugen has denied reports its gas carrier Norgas Cathinka did not stop in the immediate aftermath of its fatal collision with an Indonesian ferry.
  • How to get a loan
    Small and medium-sized owners can do more to win loans from banks, DVB says.
  • ALG in new tie-up
    UK cruise group All Leisure has announced a tie up with rival Cruise & Maritime Voyages (CMV) as it shakes up its top management.
  • Nordic linked to P+S
    Germany's Nordic Yards is the latest shipbuilder to be linked with a potential bid for insolvent rival P+S Werften.
  • Guy Eldar in at Zim
    Israeli container line Zim is bringing in Guy Eldar to replace Allon Raveh as its chief financial officer (CFO).
  • Marco takes IPO step
    Marco Polo Marine has taken the first firm step towards an initial public offering of its Indonesian affiliate.
  • Crew speaks out
    Seafarers on a Brittany Ferries ship have revealed their grievances as the industrial dispute that has kept vessels in port continued into its second week.
  • Jasa swoops for two
    Malaysian offshore owner Jasa Merin has added a pair of advanced anchor handling tug supply vessels to its fleet.
  • GulfMark secures $150m
    GulfMark Offshore has clinched new funding worth $150m as it expands its fleet.
  • ICAP makes India move
    ICAP Shipping has dipped a toe into the burgeoning Indian market with the acquisition of a local broker.
  • Ultrapetrol complies
    South American shipowner Ultrapetrol has boosted its share price back above the $1 minimum demanded by the Nasdaq exchange.
  • TK closes on funds
    Teekay Corporation is planning a raid on the Norwegian bond market.
  • Eredene quits Ennore deal
    Eredene Capital, a UK based infrastructure fund, has withdrawn from India's Ennore Port container terminal project.
  • Subsea in bond splash
    Oslo-listed offshore shipowner Subsea 7 is plotting a bond sale worth up to $700m.
  • Atlantic buys POET PSV
    Atlantic Offshore Services SA has agreed to acquire a PSV under construction at a shipyard in Singapore.
  • Botched turns blamed
    Indonesian police have said the fatal collision between an IM Skaugen gas carrier and a ferry happened because both ships tried to turn at the same time.
  • Vitol denies Iran deals
    Oil trader Vitol has denied that it has violated US-led sanctions against trading in Iranian crude or oil products.
  • 12 year deals for CIMC
    China International Marine Containers (CIMC) has won twelve year leases for the ships it has just ordered for charter to CMA CGM.

American Shipperweb site
SEPTEMBER 27, 2012
  • Control tower to Heinz: Your box has landed
  • Kewill's universal carrier compliance
  • Rational and irrational competition
    Recent actions by central banks around the world indicate the near-term global economic outlook is improving, but even assuming that the United States delays the "fiscal cliff," it is difficult to expect high growth and therefore the intensity of competition that such an environment spawns will decrease.
  • HP's China strategy
  • FDA transformation
  • Commentary: Liners say don't count on developed trades
  • Commentary: Rarified air
  • A demanding problem
  • All points on the compass
  • Reinvigorating U.S. export reform
  • Supply chain security foolishness
    Some years ago I had occasion to travel through Japan and was awaiting a flight to Chicago at Tokyo's Narita airport. It was a lovely sunny day, and a brand new Japan Airlines Boeing 777 was parked...
  • Delay is not a loss
  • Have you been served?
  • Banking on health care
  • NTSB calls for anti-ground collision devices
  • From hoarder to helper
  • Analysis: C.H. Robinson reaches forwarding big leagues
  • Port of Virginia names interim director
    Chief Financial Officer Rodney Oliver will become the port's interim executive director, taking over for Jerry Bridges who is scheduled to step down as head of the state agency at the end of October.
  • Indonesia begins massive port customs system
    The Indonesia Port Corp. II has chosen a service from SOGET and Microsoft to implement what it calls the largest port community system in the world, beginning with Jakarta before expanding to other Indonesian ports.
  • Hanjin to depart Hapag's Med-Montreal loop

The Bunker Bulletinweb site
SEPTEMBER 27, 2012
  • IMO committee to look at low sulphur fuel availability
    Energy efficiency measures and MBMs also on agenda for next week's MEPC meeting.
  • Prices showing mixed movement in Fujairah
    Price of intermediate fuel oil loses $1.50 while distillates go up by same amount.
  • Rotterdam IFO prices fall while MGO prices rise
    Hamburg and Gibraltar markets lack direction.
  • Supplier says Baltic port has 'promising' bunker prospects
    Lukoil-Bunker sold 64,000 mt of bunker product in Ust-Luga in the three months June to August.
  • Global outlook for crude now 'stable', says OPEC
    But next year's forecast holds 'considerable uncertainty'.
  • Ban bunker fuel on Arctic routes, say greens
    EU should take lead in protecting Arctic.
  • New terminal on track to open in 2014
    Eight tanks were partially built and that the foundations have been laid for another 11.
  • Fuel oils stocks fall as softer prices trigger demand
    Chinese buying, however, remains lacklustre.
  • Bunker prices move downwards
    Good demand in Hong Kong ahead of office closures next week due to public holidays.
  • Transport strike may hit ports
    Industrial action by rail workers could spread to South Africa's port sector.
  • Vitol subsidiary 'did buy Iranian fuel oil'
    Trader admits purchasing spot cargo but says Vitol companies 'no longer purchase any product of Iranian origin.'
  • Firm wins award for marine wind and solar power solution
    Plans to continue 'bringing new solutions' at future events.
  • China scores Arctic first
    Icebreaker crosses Arctic Ocean.
  • Finnish, Chinese partnership to focus on fuel efficiency
    Partnership will specialise in research, development, manufacturing and sales.
  • ENOC implements ethical guidelines at Singapore terminal
    Code of Business Conduct to serve as a 'roadmap' to uphold 'highest ethical values', says GM of Horizon Singapore Terminals.
  • Billionaire investor 'skeptical' of LNG as bunker fuel
    A rising LNG price would affect take-up of LNG as marine fuel, says Wilbur Ross.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
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.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
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.
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