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Independent journal on economy and transport policy
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BRIEFS
October 29, 2012
Sched Netweb site
  • Asia-Europe rates rise 22.4pc to US$1,315/TEU after three-month slump
  • Increasing pace of Asia-Europe layups will support rate hikes: Analysts
  • NOL credits new efficiency, rate stability for first profit since 2010
  • Panama's Colon road traffic at standstill as riots pause, then resume
  • World Bank declares Singapore more business friendly than Hong Kong
  • Fujian September foreign container volume rises 5.8pc to 955,700 TEU
  • Guangxi Autonomous Region launches direct shipping service to US
  • Shenzhen hits transport sector with new national VAT from November
  • New Canadian Pacific CEO delivers 20pc profit hike as revenues rise 8pc
  • Argentine floods bring terminals in San Lorenzo port to standstill
  • Black Sea feeder, short-haul services focus on Port of Novorossiysk
  • Ex-TNT boss Marie-Christine Lombard named CEO of state-owned Geodis
  • DP World to start building 1.3 million TEU capacity Turkish terminal
  • Globe Express opens 23,000-square-metre terminal yard in Dammam
  • Korean Air third quarter operating profit up 30.5pc to US$309.7 million
  • UAL quarterly profit declines 37pc to US$6 million, revenue off 2.6pc
  • Deutsche Post, DHL set up parcel centre near Frankfurt-Main Airport
  • Air Tanzania slammed for wasting state funds in leasing old, costly 737

Exim Indiaweb site
OCTOBER 26, 2012
  • Chances of ships colliding with fishing vessels high: Vasan
  • Containership deliveries set for new high in 2013
  • Daniel Terbille is FIATA's Young International Freight Forwarder of the Year
  • Gujarat Junction 2012 to see comprehensive deliberations on pertinent issues in maritime
  • Heavy crude imports to surge on public sector demand
  • Maersk Line wins Lloyd's List Environment Award for the Middle East & Indian Subcontinent
  • NOL Chairman calls for container shipping to focus on efficiency & cost control
  • SCI adds one more Panamax bulk carrier to fleet
  • West African pirates seen honing methods
  • Adani Enterprises' EBIDTA increases 8 pc in Q2
  • Proposed Tuas megaport to sharply boost Singapore's box handling capacity
  • CN lauded for climate change information disclosure
  • Investment in highway projects shoots up to 1.75 lakh cr.
  • Service tax on parcel traffic
  • Forex reserves up $ 359 m
  • INR rises 16 paise last week
  • Mate's Receipt-A ghost document
  • An opportunity for Middle Eastern project forwarders to enhance skills
  • Rhenus facilitates shipment of 45 rotor blades from China to Germany

International Transport Journalweb site
OCTOBER 26, 2012
  • IDS: new transport service for private recipients is successful
    Demand is steadily rising for a new transport service for private recipients that was introduced by the general cargo alliance IDS around a year ago. The number of these type of sh...
  • CSX earns 2% less in Q3
    The CSX Corporation, based in Jacksonville FL and one of the USA's leading providers of rail, intermodal and rail-to-truck trans-loading services, posted Q3/2012 net earnings of US...
  • RheinCargo's supervisory board elects chairman and deputy
    Six weeks after the German logistics service provider RheinCargo GmbH began business activities, the firm's supervisory board elected Rainer Pennekamp as its chairman and Michael Z...
  • Meritor trailer axles designated as standard equipment on Wabash National Trailers
    Lafayette IN-based Wabash National, one of the leading manufacturers of semi trailers in North America, has selected Meritor, headquartered in Troy MI, and the world's largest man...
  • Korean Cargo's future Boeing B777 freighter being built at increased rate
    The US airframe manufacturer Boeing has started building the first B777 at the highest rate ever for its twin-aisle aircraft. The rate of 8.3 airplanes per month is a nearly 20% in...
  • Rail Cargo Austria puts non-craneable trailers on the tracks
    The Austrian railfreight service provider Rail Cargo Austria has developed innovative handling technology for intermodal rail traffic. The system enables all common types of non-cr...
  • Airbus inaugurates A350 XWB final assembly line
    The European aircraft builder Airbus inaugurated the wide-body A350 XWB final assembly line this week (week 43). This was an event that occurred 40 years after the maiden flight of...
  • Chinese become second largest shareholder of French airline
    The French airline company Aigle Azur, founded in 1946 and based in Paris Orly airport, has come to an agreement with the Chinese HNA Group. When the pact takes effect, HNA will po...
  • Wascosa reorganises management
    Wascosa,a European tank car lessor, recently reorganized its management. Thomas Karsten joined the company on 1 October and took over the position of chief sales officer from Richa...
  • Rhenus transports rotor blades from China to Europe
    Rhenus Project Logistics, part of the German Rhenus Group, was recently mandated by a rotor blade manufacturer to organise the maritime transport of 45 rotor blades from China to C...
  • Aramex reports growth in revenue and net profits in Q3
    The logistics company Aramex, which is listed on the Dubai stock exchange and has its global HQ in Amman (Jordan), has announced revenues of AED 763 million (EUR 160.2 millio...
  • Hermes: New contract with John Lewis in UK
    The parcel carrier Hermes UK, a member of the German Hermes Group, has won a new contract to run home delivery services for the retail giant John Lewis. The three-year deal will se...
  • Euroports and Compagnie Fruitière jointly invest in multi-purpose refrigerated fruit terminal
    Euroports and Compagnie Fruitière are jointly investing in a multi-purpose refrigerated fruit terminal. The facility will be located at Euroports' breakbulk terminal on the left ba...

Marine Logweb site
OCTOBER 26, 2012
  • Crowley christens first ocean class tugs
  • Royal Caribbean confirms it is negotiating for third Oasis

World Wide Shipperweb site
OCTOBER 26, 2012
  • DOE surprises Port of Port Angeles with $2 million dollar cleanup grant
  • General Dynamics NASSCO delivers final T-AKE 14 ship
  • Vehicle charging stations online at Portland International Airport
  • US rail freight traffic delivers mixed bag for week
  • NYK LNG vessel takes charge in recue of Sri Lankan fishermen

Lloyd's Listweb site
OCTOBER 26, 2012
  • Quasi-covered bonds could monetise shipping portfolios
    Flexible instrument allows banks option other than fire sale
  • Lekki terminal aims to boost Nigeria's box trades
    ICTSI site offering 2.5m teu of annual capacity is due to open in 2016
  • Maritime skills matter
    A range of maritime apprenticeships are in place in the UK that can match the capability of all who wish to work at sea
  • Aquasition up and running in New York
    Greek-backed acquisition vehicle begins trading on Nasdaq after raising $58m
  • Nobiskrug eyes Lindenau purchase
    Shipyard also in the frame for facilities of bankrupt P+S Werft
  • Fincantieri lands new orders worth $1.3bn from Carnival
    Bono hails 'very positive development for the Italian economy and the global cruise industry'
  • Suezmaxes rally as oil companies rush to book ships for November loading
    Stagnation ends in the Black Sea-Mediterranean and West African markets
  • Fifth of VLCC fleet eligible for conversion into offshore units
    As tanker market slides, owners will seek refuge in conversions
  • Fear of disclosure
    Orders to owners to unveil full information on assets have become the 'nuclear option' in charterparty disputes
  • Chinese bunker demand to grow 10% per year
    China Marine Bunker expects the country's consumption to exceed 25m tonnes in 2015
  • Greeks scale back on newbuildings
    New orders show greater-than-average drop in first nine months
  • HSH Nordbank owners prepared to increase rescue facility
    But bank says option to restore higher second-loss guarantee is 'not planned at the moment'
  • HHI suffers $73m losses from TMT defaults
    The world's largest shipbuilder books losses for seven 84,062 dwt bulkers and two 263,000 dwt ore carriers after deeming them cancelled orders
  • HSH Nordbank seeks to liquidate Omega Navigation Enterprises
    Case on brink of collapse after 15 months, as lender concedes 'Chapter 11 cannot solve weak market'
  • Responsible thinking
    Corporate social responsibility means changing a mindset, and that is probably difficult for owners looking at bleak financial horizons
  • Capesize market enjoying the ride
    Despite some bumps, brokers see capesize market staying afloat for several weeks
  • BMP4 needs to be updated to remain relevant, says Maersk Line
    Container giant arms its vessels selectively, based on risk assessment
  • Lull in piracy sparks concern that countries will cut naval forces
    Nato focuses efforts on preventing the pirating of dhows
  • Costamare offshoot pleads guilty to Rena pollution charge
    Tauranga court hands down $246,000 fine
  • Cosco Shipping warns of profit slump
    Full-year net profits to be more than 50% lower as bunker bills undermine rise in shipments
  • Korea Eximbank and K-Sure lend $3bn to Australian LNG project
    Credit will eventually go to contractors Samsung and Daewoo
  • Omega launches aggressive attack in Chapter 11 squabble
    Kassiotis company brandishes dormant US sanctions process and Greek lawsuit to browbeat lenders

Fairplayweb site
OCTOBER 26, 2012
  • Aquasition completes IPO
    BLANK-CHEQUE company Aquasition Corp began trading today on NASDAQ under the symbol 'AQUUU' after successfully completing its initial public offering
  • B&G enters OSG fray
    BRACEWELL & Giuliani announced today that it is representing a group of OSG bondholders in addressing the tanker company's threat of a potential bankruptcy filing
  • Daina pleads guilty and fined in Rena casualty
    DAINA Shipping, a subsidiary of Greece's Costamare, reportedly pleaded guilty today in a pollution prosecution growing out of New Zealand's Rena casualty
  • COSCO Shipping's profits plunge 73%
    COSCO Shipping said today its Q3 profits fell 73% year on year
  • Insurer: disputes fall even in tough times
    GERMAN freight, demurrage and defence insurer Schutzverein Deutscher Rehder has reported lower numbers of disputes this year
  • Silport's handlings rise 29%
    ESTONIAN port operator Silport said it handled 29% more cargo in January-September than in the same period of 2011
  • Tallinn buys icebreaker
    ARCTIA Shipping, Finland's government-owned icebreaker operator, said Tallinn's port has bought its multipurpose ship Botnica for €50M ($64.6M)
  • Seadrill to bid for AOD
    SEADRILL said today it plans soon to bid for all of Asia Offshore Drilling after acquiring a controlling interest in it
  • 'Pirate' killed in NATO attack
    NATO SAID its forces have killed a suspected pirate and destroyed a dhow during a shootout just metres from the Somali coast
  • Tankers auctioned in China
    NINGBO's maritime court yesterday auctioned three chemical tankers en bloc for 174M yuan ($28M)
  • Sainty Marine's profits fall 46.7%
    SHENZHEN-listed Sainty Marine's third-quarter profits slumped by 46.7% year on year to 19M yuan ($3M), dragged down by an interest payments surge
  • NOL sells HQ for $311M
    NOL HAS sold its building in Singapore for S$380M ($311M) to compatriot property developer Fragrance Group

The Journal of Commerce - Maritimeweb site
OCTOBER 26, 2012
  • Northeast Ports Prepare for Hurricane Sandy
    Seaports in the projected path of Hurricane Sandy were battening down the hatches Friday in anticipation of the storm's impact whenever it hits the Northeast coast on Monday or Tuesday. Where the storm may hit along the East Coast was...
  • Hapag-Lloyd Sets East Asia Rate Hikes
    German ocean carrier Hapag-Lloyd will increase its rates on East Asia services starting in November. Rates on shipments from East Asia (excluding Japan) to the Indian subcontinent will increase 150 per 20-foot-equivalent unit, effective Nov. 1. The subcontinent region includes ports in India, Pakistan, Bangladesh and Sri Lanka. Effective Nov. 24, the...

Containerisation Internationalweb site
OCTOBER 26, 2012
  • Schenker sets up logistics academy in China
    DB Schenker has opened its own logistics academy to train employees in China. With around 5,000 employees in 60 cities in China, DB Schenker is one of the country's ...
  • UK gets Olympic & Jubilee bounce
    A boost from ticket sales for the London Olympic and Paralympic Games, coupled with a bounce-back from the negative impact of the Queen's Jubilee holidays in the ...
  • MSC follows the pack with global reefer GRI
    MSC, the world's second-largest ocean carrier, has fallen into line with its rivals by introducing a USD1,500 per container general rate increase on reefer containers ...
  • Index-linked service contracts grow
    The use of index linked service contracts, hedging and derivative tools in the liner shipping industry is accelerating according to Michael Blach, vice president ...
  • American truckers at the cross roads
    The American Trucking Associations' [ATA] for-hire truck tonnage index advanced by 0.4% in September after falling by 0.9% the previous month; in line with the ...
  • 'Looking beyond the port gates' wins it for Peel Ports' Port of Liverpool
    That in the opinion of the judging panel was a significant factor influencing their votes in the Port Authority of the Year category in last week's Containerisation ...
  • Maersk feeder re-floated at Valencia
    The 645TEU Celia laden with empty Maersk Line equipment was re-floated yesterday almost a month after severe storms ripped it from its anchorage in the roads of ...

TradeWindsweb site
OCTOBER 26, 2012
  • T&T buys out Bisso
    T&T Marine Salvage of Texas is buying out Bisso Marine's stake in a joint venture that has earned a reputation as one of the notable names in the tug and salvage space at home and abroad.
  • Bondholders band together
    A prominent US law firm has clinched a contract to provide counsel to Overseas Shipholding Group's bondholders on the back of Monday's bankruptcy warning.
  • Scorpio poised to sting
    Scorpio Tankers' Robert Bugbee is promising to "end the debate" over the advantages of fuel-efficient "eco ships" when the New York-based owner releases its third-quarter results on Monday.
  • Gibson's winter warmer
    EA Gibson has delivered a little good news to warm the hearts of embattled tanker owners this winter.
  • Carnival doubles down
    CEO says sales may be on the horizon as fleet renewal programme gains steam.
  • Vosco weaker
    Vietnam Ocean Shipping (Vosco) has more than doubled its deficit in the first nine months of 2012.
  • A couple for Classic
    George Economou's Classic Maritime has picked up a couple of capesize bulkers on period deals with rates close to 2012 highs.
  • Deiulemar man out
    Deiulemar's former chartering surpremo has been freed from jail on health grounds, say Italian press reports.
  • Cosco lines up bonds
    Shipowner China Cosco Holdings Co (CCHC) is planning a bumper sale of bonds worth $2bn.
  • ISC hurt in third
    International Shipholding Corporation has seen its third quarter profit shrink as revenue fell away.
  • Greeks facing tax hit?
    The Greek government is reportedly considering imposing a new cargo tax on shipowners as it tries to dig itself out of its financial hole.
  • Attorney probes OSG
    OSG's legal team looks to have earned its corn in anticipating lawsuits in the wake of the tanker owner's woes.
  • CSDC doubles on bonds
    China Shipping Development Co (CSDC) is selling another CNY 2.5bn ($399.5m) of bonds to bolster its finances.
  • Life on a burning deck
    We take a look at what was said in the market in the past week.
  • Libra adds to VL weight
    TradeWinds digests the digits making the headlines this week.
  • Siem's Star rises
    Siem Shipping has posted a vastly improved set of third quarter numbers thanks to a streamlined fleet.
  • Badger badgered
    Two Wisconsin politicians want a veteran ferry to stop dumping coal ash into Lake Michigan.
  • Foggy foul-up
    A distracted watch officer and a lack of precautions have been blamed for a collision between a Seatrade reefer and a Stealth Maritime LPG carrier in fog off the UK.
  • Celia refloated
    One of the two multipurpose vessels that grounded on a Spanish beach earlier last month has finally been moved.
  • BW Gas joins BP race
    BW Gas, the world's biggest player in the segment for the largest LPG carriers, has joined the race a BP-owned VLGC .
  • ADM eyes Lindenau
    Germany's Nobiskrug shipyard is plotting a takeover of insolvent tanker-building specialist Lindenau.
  • Seadrill bids for AOD
    Seadrill is looking to takeover Asia Offshore Drilling (AOD) after taking majority control of the company.
  • Shipping hurts Santander
    Spanish bank Santander's UK arm has made loan loss provisions of £335m ($537m) as shipping's crisis drags on.
  • Koreans put up $3bn
    Korean lenders are backing domestic yards' orders for Australia's Ichthys LNG development to the tune of $3bn.
  • Harley orders barges
    Harley Marine Services has picked Lousiana-based Conrad Shipyards to build four sister-class double hull petroleum barges.
  • Costamare pleads guilty
    Costamare has pleaded guilty to causing marine pollution off New Zealand and has been fined NZD300,000 ($246,000).
  • Bumi adds to backlog
    Malaysia's Bumi Armada has added five new contracts to its work backlog that are potentially worth up to MYR249m ($82m).
  • RCL eyes more tonnage
    Royal Caribbean says it is in discussions to build a third Oasis-class cruise ship, but has yet to make a firm commitment.

American Shipperweb site
OCTOBER 26, 2012
  • Hyundai to assess PNW reefer export surcharge
    The liner carrier said this week it is implementing a new $300 surcharge on all refrigerated containers originating in the Pacific Northwest market destined for Asia, the Indian Subcontinent and Middle East.
  • Echo Global buys Sharp Freight
    Echo Global Logistics said Thursday it has acquired substantially all of the assets of Sharp Freight Systems, an intermodal and truckload brokerage firm based in Yorba Linda, Calif., and with an office in Houston.
  • XPO buys truck brokerage from OHL
    XPO Logistics has acquired the operating assets of Turbo Logistics, the freight brokerage division of Ozburn-Hessey Logistics (OHL). The cash purchase price was $50 million, excluding any working capital adjustments.
  • Hadden to lead Port of Boston
    The Massachusetts Port Authority (Massport) named Deborah A. "Deb" Hadden, deputy port director of properties and transportation, as acting port director. She will oversee all aspects of Massport's maritime department.
  • Hapag pulls Baltimore from transatlantic loop
  • Asian lines slow SE Asia-Australia loop, add Fremantle
  • Lufthansa Cargo boosts winter flights
  • Accellos adds mobile applications
  • NCA touches down at DFW airport
  • International Shipholding reports smaller 3Q profit
  • SynchroNet starts door-to-door service
  • CEVA names VP of Americas business development
  • Old Dominion moves to bigger Detroit site
  • Law firms pounce on OSG
  • Rena owner fined in New Zealand court
  • Don's Cold Storage expands in Missouri

The Bunker Bulletinweb site
OCTOBER 26, 2012
  • Weekly global bunker price roundup
    A weekly price round up of bunkering hubs from around the world.
  • Bunker prices in the Americas mixed as week ends
    Demand was heavy on the US Gulf, according to a local supplier.
  • Vessels in Halifax order LSFO from New York
    Vessels forced to order LSFO fuel from New York due to insufficient avails in Halifax.
  • 'Frankenstorm' prepares to lash US East Coast
    Forecasters calling for 'hybrid' super storm that has potential to wreak havoc along US East Coast.
  • Markets soft in North European hubs
    Good avails but quiet market in Hamburg.
  • Fujairah prices stay soft
    But mixed picture in South African ports.
  • North American ECA 'hits bunker sales in UK port'
    Vessels approaching European waters 'already have ECA-compliant fuel on board'.
  • Chinese supplier in new bid to raise cash
    Chimbusco to issue notes worth almost $48 million.
  • Arte hires bunker trader
    Logistics background before joining bunker sector.
  • VLOCs could run on LNG
    Valemax 'well suited' to carry large LNG bunker tanks.
  • UK terminal operator looking a small-scale LNG bunkering
    Technical and commercial studies being undertaken.
  • Maersk Line: LNG infrastructure 'is just not there'
    'Conventional bunker fuel is likely to remain the most practical choice.'
  • Cruise ship release offers hope to cash-strapped owner
    Australian charter to be cashflow lifeline if ship is released.
  • Daina Shipping fined for Rena spill
    'The guilty plea by the owners has led to this case being resolved in a timely fashion.'
  • Week ends with IFO prices largely down
    Supplies of marine fuels fine at key Asian ports on Friday.
  • Costly bunkers lend urgency to port investment
    Bigger ships will want quicker turnarounds.
  • US study considers impact of speed limit on OGVs
    Finds various emissions decreased by up to 70% when vessels adopted speed of 12 knots, when compared to regular speeds.
  • Private equity firm mulls investment in fuel efficient ships
    Fuel consumption of vessels will be the 'main thing' Vigor Capital will look at, says spokesman.
  • 'No single solution' to meet future environmental regulation
    Fixating on one solution may create 'unnecessary problems' for the shipping industry, says Shell Marine Product general manager.

›››File
FROM THE HOME PAGE
PORTS
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
In decisa crescita il traffico delle merci nei porti tunisini
Nel trimestre aprile-giugno è stato di 7,4 milioni di tonnellate (+8,8%)
PORTS
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
PORTS
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
PORTS
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%
PORTS
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%)
SHIPPING
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
SHIPPING
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
SHIPPING
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
PORTS
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
SHIPPING
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
ACCIDENTS
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
SHIPPING
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
SHIPYARDS
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
SHIPPING
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.
CRUISES
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
ACCIDENTS
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
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
ACCIDENTS
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
LOGISTICS
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
SHIPPING
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%)
CRUISES
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%
SHIPPING
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%
SHIPPING
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%
PORTS
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
RAILWAY TRANSPORT
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%)
PORTS
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.
CRUISES
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
SHIPYARDS
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
PORTS
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
SHIPPING
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
CRUISES
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
SHIPPING
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PORTS
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
PORTS
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%.
RAILWAY TRANSPORT
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.
SHIPYARDS
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
SHIPYARDS
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
SHIPYARDS
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.
ACCIDENTS
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
CRUISES
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.
PORTS
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
PORTS
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
COMPETITION
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
FREIGHT TERMINALS
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
INTERMODAL TRANSPORT
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
PORTS
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
PORTS
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
LEGISLATION
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
ACCIDENTS
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
SHIPPING
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
PORTS
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
TRANSPORTATION
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
SHIPPING
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
TRANSPORTATION
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
ACCIDENTS
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
PORTS
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
PORTS
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
PORTS
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
ACCIDENTS
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
PORTS
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
CRUISES
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
PORTS
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
SHIPPING
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Washington/Southampton/Rotterdam
Meanwhile, another tanker, the "Stolt Magnesium", was hit by a missile near Oman
SHIPPING
European shipowners call for permanent derogations from the EU maritime ETS after 2030
Brussels
Exemptions for connections with islands and outermost regions, for polar class vessels, for transnational public service obligations and for search and rescue activities
RAILWAY TRANSPORT
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
ACCIDENTS
Two VLCCs operated by the UAE's ADNOC were attacked in the Strait of Hormuz.
Abu Dhabi/Tampa
US Central Command announces reinstatement of blockade on maritime traffic in and out of Iranian ports
SHIPPING
Trump announces a tax on goods passing through the Strait of Hormuz protected by the US
Washington/Portsmouth
Expected to be equal to 20% of the value of the transported loads
SHIPPING
Six-monthly vessel traffic in the Straits of Malacca and Singapore increased by +3.7%
Port Klang
In the second quarter of this year alone, a decrease of -0.5% was recorded
SHIPPING
In May, naval traffic in the Suez Canal increased by +15.0%
Cairo
In the first five months of 2026, 5,696 ships passed through the port (+12.7%)
SHIPPING
OOCL records sharp increase in containers carried by its fleet
Hong Kong
In the April-June quarter, revenues generated by this activity grew by +19.8%
ACCIDENTS
Strait of Hormuz, a container ship was attacked near the coast of Oman
Muscat/Portsmouth/New Delhi/Tampa
Fire on board. One crew member missing. 23 other sailors rescued.
SHIPPING
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%.
PORTS
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%.
PORTS
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
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
INDUSTRY
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
SHIPPING
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
PORTS
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
SHIPPING
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
COMPANIES
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%)
MOURNING
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
PORTS
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
PORTS
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
PORTS
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
COMPANIES
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
PORTS
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%
PORTS
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%
LOGISTICS
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
LOGISTICS
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.
SHIPPING
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
PORTS
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
SHIPPING
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.
SHIPPING
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
ACCIDENTS
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
PORTS
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
PORTS
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%)
INTERMODAL TRANSPORT
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.
PORTS
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
ACCIDENTS
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
SHIPPING
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
COMPANIES
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
PORTS
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
PORTS
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
PORTS
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
EDUCATION
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
INTERMODAL TRANSPORT
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
TRANSPORTATION
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
ACCIDENTS
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"
INFRASTRUCTURE
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
LOGISTICS
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
LOGISTICS
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
PORTS
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
COMPANIES
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
PORTS
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
PORTS
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
INDUSTRY
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
PORTS
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.
LOGISTICS
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
ASSOCIATIONS
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
PORTS
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
FREIGHT TERMINALS
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
INDUSTRY
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
OFFSHORE
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
LOGISTICS
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.
ASSOCIATIONS
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
SHIPPING
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
EDUCATION
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.
INDUSTRY
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
NEWS
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.
SHIPPING
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
ACCIDENTS
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
ACCIDENTS
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
SHIPPING
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
INTERMODAL TRANSPORT
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
PORTS
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
CRUISES
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
PORTS
Western Liguria Port Authority approves 2026 budget update
Genoa
PORTS
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
INDUSTRY
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
PORTS
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
PORTS
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
SEAFARERS
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
PORTS
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
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
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
MEETINGS
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
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
PORTS
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
PORTS
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
PORTS
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
PORTS
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
RAILWAY TRANSPORT
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
PORTS
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
PORTS
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
SHIPYARDS
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
PORTS
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
LOGISTICS
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
INDUSTRY
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
SHIPYARDS
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
SHIPPING
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
INTERMODAL TRANSPORT
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
LOGISTICS
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
JOBS
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
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