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Independent journal on economy and transport policy
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BRIEFS
July 22, 2013
Sched Netweb site
  • OOCL second quarter revenue shrinks 9.8pc as cargo volume falls 2.6pc
  • Stifel logistics confidence index inches forward in positive territory
  • Mega ships make biggest contribution to throughput at Port of Nantong
  • Rail reform credited with Guangzhou railway packing on 10pc more freight
  • K + N says P3 will sail by regulators, but won't affect freight rates
  • Union Pacific revenue and intermodal decline in second quarter
  • Yusen Logistics starts weekly Hong Kong-Rotterdam LCL service
  • Cargotec profit falls 9pc, but sees turnaround, beating all estimates
  • CBRE: Shanghai Free Trade Zone to stimulate logistics property demand
  • Cathay to launch twice-weekly HK-Mexico cargo service in 4th quarter
  • US Independent Pilots Association joins UN's official trade union body
  • Air France-KLM-Martinair Cargo adds third Abu Dhabi service
  • Air Partner wins contract with British Airways to fuel A380 and B787

Exim Indiaweb site
JULY 19, 2013
  • Greek shipowners agree to donate towards budget
  • MSC to commence Hazira coverage from Aug.
  • Basmati exports to US fall in Q1
  • Coal-based power plants may import 50 mt of dry fuel this fiscal
  • Coconut exports hit record level of INR 1,050 cr. in 2012-13
  • Corn exports increase by 24 pc in 2012-13
  • Gems & jewellery exports dip 41 pc in June
  • Handicraft exports in FY 14 may rise to $ 5 bn on good demand
  • India fastest growing export market for Africa
  • KIOCL may resume exports this year
  • Metal scrap importers halt fresh orders as rupee hits record low
  • NTPC may buy imported coal from CIL
  • Oilmeal exports up in June by 12 pc on rise in Iranian & European demand
  • Rise in April exports may bring cheers to garment sector
  • Steep fall in iron ore imports on good supply
  • Veg oil imports rise by 21 pc in June
  • Gujarat Pipavav Port commences double stack high cube container trains
  • Los Angeles, Long Beach ports express readiness to handle mega vessels of P3 alliance
  • Assocham opposes relaxations in export restrictions on iron ore
  • Forex reserves inches up by $ 21.1 m to $280.19 bn
  • Give more sops to labour-intensive sectors, DEA chief urges PM
  • Govt restrictions may pull down gold imports
  • GST report finalised; to be tabled soon
  • India's growth estimates cut by ADB & BofA-ML
  • RBI intervention helps rupee to end better against dollar at 59.35

Marine Logweb site
JULY 19, 2013
  • Eastern delivers multi-purpose LCV to Harvey Gulf
  • Zaliv takes majority stake in Bergen Shipbuilding Division
  • Norwegian Cruise Line opts for GTM scrubbers
  • Strong first half for Port of Philadelphia
  • Seadrill gets a new CEO
  • Crowley seeks Title XI guarantees for two tankers

World Wide Shipperweb site
JULY 19, 2013
  • SSA Terminals growing at Port of Oakland facility
  • US rail freight traffic has positive weekly tally
  • Diana Shipping inks contract to charter vessel to Cargill
  • New commanding officer for Everett Coast Guard Cutter
  • NYK/Knutsen celebrate naming of new winterized shuttle tankers

Lloyd's Listweb site
JULY 19, 2013
  • Salvors extinguish boxship blaze
    Teams from Smit and Five Oceans board Hansa Brandenburg for inspection
  • First Triple-E vessel calls Shanghai during dismal China trade readings
    Volumes out of Maersk's largest export cluster grew only 3% in the first half
  • China yards hit by tight credit and currency fluctuations
    Increased orders cannot counter shipyards' disappearing margins
  • OOIL posts lower liftings and revenue in second quarter
    Figures reflect slump in rates between April 1 and June 30
  • Torm scales back dry bulk business
    Danish company will focus on its product tankers
  • Greek shipowners pledge €600m to support ailing domestic economy
    Voluntary double tax payment agreed with government
  • More pain for Spain
    End state shipbuilding support in Europe once and for all
  • Simatech orders its first newbuildings in eight years
    Dubai feeder specialist adds bigger ships and develops box terminal in Mogadishu
  • New Seadrill boss pledges to continue aggressive expansion
    Offshore driller remains Fredriksen cash cow
  • The same hymn sheet
    Shipowners must assume the best and prepare for the worst with the MLC
  • Scor London chief Newman named as chairman of underwriters' body
    International Underwriting Association to promote London-based reinsurers and insurance companies
  • Aframax loads crude at Ceyhan after month-long stoppage to exports
    Earnings from Ceyhan hit three-month high as exports resume
  • TMT secures fresh legal win
    Texas bankruptcy judge allows all Chapter 11 cases but two to stay in the US
  • CSC Phoenix faces fresh legal action
    Creditors chase $85m and seek to terminate loan agreements
  • Samsung Heavy Industries moves further into offshore
    South Korean giant secures over two-thirds of its annual order revenue target
  • OOCL reports lower first-half revenues
    Hong Kong carrier sees volumes dip on transatlantic trade
  • ICS urges owners to adopt labour convention despite flag state concerns
    Ship operators must prepare themselves for global adoption of MLC 2006
  • Pirates attack a second vessel in Gabon's waters
    Crew of unnamed landing craft unhurt after speedboat gang boarded and robbed them
  • Rotterdam handles more containers but box tonnages fall
    Dutch hub blames economic malaise as Baltic feeder traffic shifts to German rivals
  • Brussels orders Spanish investors to refund tax breaks
    Backers must repay hundreds of millions of euros after EU ruling on illegal state aid
  • Bomin Group brings bunkers to Algeciras
    Trader will deliver low-sulphur fuel ahead of tougher emissions regulations
  • Tug heads to stricken Hansa Brandenburg
    Burning boxship drifts northeast of Mauritius
  • Torm delists from Nasdaq
    Danish chemtanker outfit cites scale and cost of American Depositary Receipts
  • Jebsens to abandon Western Australia coastal service
    Scrapping of twice-monthly schedule is a blow to ports of Wyndham and Broome
  • Striking an antitrust balance
    The P3 mega-alliance must navigate Brussels' restrictions with care
  • What will life be like with P3?
    Box lines' mega merger has implications for shipowners and competition regulators as well as future rates
  • Japan's shipyards post soaring orders for first six months of 2013
    Export deals rise 200% in gross tonnes
  • Container KGs buck trend to stay profitable
    Buss Capital happy with steady positive return

Fairplayweb site
JULY 19, 2013
  • TMT wins US legal reprieve
    TMT HAS dodged a potentially fatal bullet in its Chapter 11 case in Houston, Fairplay was told today
  • Ukraine's Zaliv emerges as Bergen owner
    ZALIV Shipyard of Ukraine today emerged as the owner of a 51% stake in Bergen, the Oslo-listed maritime and offshore builder group
  • Japan lends up to $1.5Bn to PETROBRAS
    JAPAN'S export credit agency and other compatriot financial institutions have decided to lend up to $1.5Bn to PETROBRAS
  • Salvors board fire-savaged box ship
    SALVORS have brought the fire aboard the box ship Hansa Brandenburg under control, its ship manager said today
  • Crowley seeks tanker loans
    CROWLEY is seeking $169M from the US government for two Veteran-class product tankers to be built by Aker Philadelphia
  • CSSC gains $6.5Bn in another credit facility
    CHINA State Shipbuilding said it has been pledged a 40Bn yuan ($6.5Bn) credit facility from government-owned Industrial Bank
  • $6Bn Oakajee plan frozen
    SHARES in Mitsubishi's Oakajee Corp have been suspended after Western Australia's premier abandoned a final attempt to find it a Chinese equity partner for the $6Bn scheme
  • China's steel exports boom to SE Asia
    CHINA had big rises in steel exports to Southeast Asia in 1H13, according to the customs statistics
  • China opens cheaper box rail link to Hamburg
    CHINA has launched a rail box link that will enable land transits to Hamburg in less than half the time it would take for ocean cargoes
  • Nanjing Tanker seals deal with Trafigura
    NANJING Tanker said today it has sealed a half-year term contract of affreightment with independent oil trader Trafigura
  • HHL buys more tonnage
    GERMAN project carrier Hansa Heavy Lift is expanding its fleet this month with the purchase and hiring of more multipurpose tonnage
  • Keppel gets mixed ratings
    SINGAPORE-listed Keppel received mixed ratings from stock analysts today after the corporation declared a 47% year on year fall in 1H13 profits, to S$677M ($534M)
  • Capesize rates soften as charterers resist
    CAPESIZE demand to ship Brazilian iron ore to China has increased this week, but rates have declined from last week as charterers resisted the recent rally
  • DSME seals $593M order for drill ship
    DAEWOO Shipbuilding & Marine Engineering of South Korea said today it has won an order for one drill ship, in a deal worth 665
  • Aframaxes rates rise east of Suez
    AFRAMAX rates east of Suez have been firming since last week, on the back of crude and fuel oil movements

The Journal of Commerceweb site
JULY 19, 2013
  • Port of Oakland Commissioners Ratify New Board Officers
    The Port of Oakland's board of commissioners has approved a resolution that officially ratifies the election of new board officers. The board named commissioner Cestra "Ces" Butner president, Alan S. Yee first vice president and Earl S. Hamlin second vice president. Butner is the president, CEO and owner of Horizon Beverage Co....
  • Drewry Shanghai Export Air Freight Index Decline Slows
    Drewry Shanghai Export Air Freight Index Full-size image The Shanghai Export Air Freight Index, as reported by Drewry, fell roughly 7 percent year-over-year in June. This drop followed double-digit year-over-year declines in March, April and May. The index is based on the average of all-in rates (U.S. dollars per kilogram) for cargoes of 100-499...
  • GSP Renewal Legislation Introduced in US House
    Four members of the U.S. House Committee on Ways & Means have introduced legislation to renew the Generalized System of Preferences through September 2015, before the current program expires on July 31, 2013. The GPS program provides preferential duty-free entry for a variety of goods and inputs from designated developing countries. H.R. 2709 is...
  • Port of Tampa, AMPORTS Sign Deal for Auto Shipments
    The Port of Tampa and AMPORTS have signed a letter of intent to develop a new terminal dedicated to the import and export of automobiles and rolling stock. The deal is driven by rising demand for automotive production in Mexico in order to serve U.S. markets, according to the Florida port. "We...
  • Independent Pilots Association Joins ITF
    The Independent Pilots Association, a U.S.-based labor union representing 2,600 UPS pilots, has gained membership in the International Transport Workers' Federation. "The IPA's acceptance into the organization is well timed given our ongoing contract negotiations with UPS," said Robert Travis, president of the IPA, in a written statement. "With the resources of...
  • Ocean Carrier Rate Revision Roundup for July 19
    Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in August: Asia-Europe More carriers have planned Asia-Europe rate hikes for Aug. 1: Cosco will increase rates for all shipments from the Far East, including Japan, and the India and Pakistan region to Northwest...
  • Report: Profit From LTL Shipping Outpaces Truckload, Intermodal
    Members of the Transportation Intermediaries Association, which represents third-party logistics providers in the U.S., outperformed the economy in the first quarter of 2013, according to the group's "1st Quarter 2013: TIA 3PL Market Report." The report, comprising data drawn from three categories of members based on revenue, represented nearly 1.3 million...
  • Asian Flu Outbreaks in China, US Slow Poultry Export Growth
    2013 has been a roller-coaster ride for U.S. poultry producers. Exports have increased, but haven't lived up to early growth prospects as avian flu outbreaks on two continents have wreaked havoc with demand. The year started on an upswing. In January, U.S. poultry meat exports totaled 370,872 metric tons, up 8.6...
  • NCSP Group's Container Tonnage Falls 4.6 Percent
    Novorossiysk Commercial Sea Port Group reported consolidated cargo turnover for the first half of 2013 was 72.1 million metric tons, falling 11.6 percent from 81.6 million metric tons in the same period in 2012. NSCP Group's total container throughput from January to June was about 321,300 20-foot-equivalent units, inching up 0.6...
  • MetamorpHOSis
    Trucking seems an unlikely candidate for technological transformation. It is, after all, literally where the rubber meets the road. But the latest changes to federal hours of service rules may be the catalyst trucking needs. The HOS rules that took effect on July 1 are a cause for concern for those...
  • New HOS Rules Mean Less Flexibility for Shippers
    Still pondering the latest twist in the truck driver hours of service rules? Sorry, time's up. Eighteen months after they were released in late 2011, the oft-revised and, at least among truckers, much-reviled hours of service rules took effect on July 1. The changes to the 34-hour restart, which must include...
  • A Truck Driver's Restart Window Narrows
    Truck drivers now have a narrow time window to hit if they want to actually use the 34-hour restart provision of new hours of service rules within 34 hours. Unless they go off duty between 7 p.m. and 1 a.m. at the end of their week, the restart becomes a...
  • Forward Air's Profit Falls Despite Revenue Growth
    Forward Air reported its net income in the second quarter of 2013 was $13.8 million, falling 2.8 percent from $14.2 million in the second quarter of 2012. Total quarterly revenue, however, rose 7.8 percent from 148.3 million in 2012 to $159.8 million in 2013. Quarterly revenue for the Forward Air subsidiary, which...
  • AMR Delivered Record Performance in Second Quarter
    The parent of American Airlines, AMR Corp., reported profit in the second quarter of 2013 was $220 million, rebounding from a net loss of $241 million in the second quarter of 2012, although cargo revenue dropped. Excluding reorganization and special items of $137 million, quarterly profit was $357 million, a $262...
  • JOC-ECRI Industrial Price Index Shows Upward Trend
    JOC-ECRI Industrial Price Index, week of July 19, 2013 Full-size image A closely watched indicator of inflation increased for the third consecutive week in the week ending July 19, although it remained below its one-year average for the fifth consecutive week. The Journal of Commerce-Economic Cycle Research Institute index registered 122.966 for the...
  • Further Erosion Seen in SCFI's Asia-Europe Rates
    Container spot freight rates from Asia to European ports measured by the Shanghai Containerized Freight Index fell further in the week ending July 19, losing more of their achievements from the July 1 general rate increase. This was the third straight week of decreases, pulling total gains from the GRI...
  • Rotterdam Container Volume Rises, But Total Throughput Drops
    Rotterdam's container traffic grew 1 percent in the first half of the year, but total throughput dipped 0.9 percent, the first decline at Europe's largest port in three years. The Dutch port handled just over 5.9 million 20-foot-equivalent units, compared with 5.86 million TEUs in the first half of 2012, with...
  • SCFI: Shanghai-to-US Spot Container Rates Slide
    Spot container rates to the U.S. East and West coasts measured by the Shanghai Containerized Freight Index declined for a second week in the week of July 19, following a July 1 general rate increase. Currently, the West Coast has held on to a 34 percent achievement of the $400...

TradeWindsweb site
JULY 19, 2013
  • TMT dodges bullet
    Today Makes Tomorrow (TMT) has secured a key victory in the fight to keep its creditors at bay while pursuing a reorganisation in a US bankruptcy court.
  • Brokers do battle
    Temperatures were running hot when some top stateside tanker brokers began swapping shops earlier this year.
  • GHS sees crude opening
    Global Hunter Securities has urged investors to increase their exposure to the crude tanker sector noting a compelling trade in the near term which could develop into a longer story.
  • Fesco vetoes buys
    Russian container line Fesco will not be buying stakes in two terminals companies after directors ditched the plan.
  • Bonheur better
    Fred Olsen holding company Bonheur's profit was lifted by wind farm operations in the first half.
  • ACM execs earn less
    Lower bonuses have pulled down pay among the top names at London-listed shipbroker ACM.
  • Inside Scorpio's orderbook
    Dry-cargo's newest owner Scorpio Bulkers have been coy about the details of its vast newbuilding orderbook.
  • Arcadia back in Germany
    Germany's Lloyd Werft has bagged a major follow up conversion job on a P & O cruiseship.
  • Record for Stena
    Stena Line has carded record first half figures on its key North Sea route between Harwich and the Hook of Holland.
  • Bankers running scared
    We take a look at what was said in the market over the past week.
  • N Korean crew charged
    The crew of the North Korean ship Chong Chon Gang has been charged with illegally transporting weapons in Panama.
  • Deiulemar duo sold
    Two former Deiulemar LPG carriers have been sold at auction at the third attempt.
  • Phoenix attacked again
    Two more banks have taken Chinese bulker owner CSC Phoenix to court over loan repayments.
  • Juhl exits Intermarine
    Lars Juhl has quit as managing director of chartering at heavy-lift giant Intermarine due to ill health.
  • Bergen unites with Zaliv
    Bergen Group has joined forces with a major European hull builder to strengthen its shipbuilding division after suffering a horror show over delayed newbuildings.
  • Bank blazing a trail
    TradeWinds digests the digits making the headlines this week.
  • Orkney strife goes on
    Scottish operator Orkney Ferries is running with only two of its three ferries in a pay dispute with crews.
  • Bibby Offshore stronger
    UK owner Bibby Offshore has more than trebled annual earnings as revenue jumped.
  • OOCL sales down
    Overseas Orient Container Line saw revenue curbed by a tenth in the second quarter.
  • UANI targets Swede
    Sweden's Stockholm Chartering says it will respond to claims one of its tankers is calling in Iran.
  • Standard pays a price
    The outlook for the Standard Club has been revised to negative by Standard & Poor's as its underwriting performance has slipped below the rating agency's expectations.
  • Vopak cuts forecast
    Dutch tanker terminals group Vopak is expecting a little less profit in 2013, but first-half earnings should edge up.
  • Band of brothers
    George Gourdomichalis and his brother Stathis have teamed up with some serious people in the investment world for their latest dry-cargo venture.
  • Aid for Athens
    Greek owners will dip into their own pockets and hand over $833m to the government over the next four years to help strengthen the state budget.
  • Halvorsen exits Seadrill
    Fredrik Halvorsen is quitting John Fredriksen's Seadrill for a new job at a technology focused private equity firm.
  • Graig inks double
    UK owner Graig has returned to CSC Jiangdong Shipyard for two more handysizes.
  • Hat-trick for Daewoo
    Korea's Daewoo Shipbuilding & Marine Engineering (DSME) has won its third drillship newbuilding contract in a week.
  • L&B hires salvage firms
    Leonhardt & Blumberg has hired two firms to handle the salvage of its fire-ravaged containership.
  • Prospector ties up rig
    Prospector Offshore Drilling has secured a letter of intent for a jack-up rig on order at Shanghai Waigaoqiao Shipbuilding (SWS).
  • Handy surge boosts orders
    Strong demand for handysize bulker newbuildings has resulted in another strong month of orders for Japan's major shipbuilders.

American Shipperweb site
JULY 19, 2013
  • STB revises railroad rate dispute procedures
    The U.S. Surface Transportation Board's new procedures for gauging the reasonableness of railroad rates removes limits on relief payments on midsized rail disputes and ups the limit on smaller rail rate disputes to $4 million.
  • OOCL's first half revenue, volume fall
    Revenue across all the liner carrier's major trades dropped in the first half of 2013, as a particularly hard second quarter took its toll. Revenue as a whole fell 3.7 percent year-on-year in the first half to $2.7 billion.
  • U.S. Customs seizes switchblade shipment
  • Cathay to connect Asia, Mexico with freighter
    During the fourth quarter, the airline will launch twice-weekly Boeing 747-8 freighter service from Hong Kong to Guadalajara. The flight, which will mark the carrier's first Latin American destination, is still subject to government approval.
  • Amports plans new terminal at Tampa
    "We believe that Tampa is right in the sweet spot for short-sea shipments out of Mexico. We also believe it will become a gateway port for export finished vehicles," Steven Rand, Amports president and chief executive officer, said.
  • U.S. importers press for GSP renewal
  • Former CBP officer sentenced for human smuggling
  • Philadelphia port's cargo up 13% in first half
  • CMB sees revenue rise from 1Q
  • FMC reviews 27 OTI license applications
  • FMCSA launches anti-fatigue site
  • KCS sees revenue increase
  • DHL adds 2 India-China LCL services

The Bunker Bulletinweb site
JULY 19, 2013
  • Weekly global market update
    A weekly price round up of bunkering hubs from around the world.
  • Fuel prices end week on high note in the Americas
    Demand was said to be average in Houston on Friday.
  • Krill Systems launches new bunkering solution
    System uses mass-measuring metres to minimise inherent inaccuracies found in two and three phase HFO transfers.
  • EU support for biofuel on the decline
    EU voted in favour of capping biofuel production at 5.5% of total energy consumption for transportation purposes by 2020.
  • UK heatwave shifts attention to hydrogen-powered ferry
    'With the arrival of the heat wave, the prize-winning Hydrogenesis has been demonstrated to operate in all weather conditions.'
  • 380 cSt prices flat in Fujairah
    Cape Town bunker prices make single digit gains.
  • Prices steady across Europe
    Margin of change small in most cases.
  • Second bunker tank at UK port
    Move is in response to rising demand.
  • World's first LNG single-fuel cruise ferry in operation
    Company sees 'enormous' interest in tickets for environmentally friendly vessel sailing between Norway and the EU.
  • Singapore fuel oil inventories at 11-week low
    Stocks likely to rise in second half of July.
  • Asian bunker prices strengthen
    But increments were small at most key ports.
  • US lobby group says tanker trading with Iran
    Swedish ship cited as sanctions breaker.
  • Scrubber installations 'progressing at full speed'
    Two out of three planned retrofits underway with minimal extension expected to normal docking time.
  • Bomin enters Algeciras bunker market
    Firm supplying 380 cSt bunker fuel and MGO at the port.
  • WFS 'out of pocket' after STX ruling
    US judge rules on status of chartered tonnage - to the bunker company's loss.
  • Vopak estimates flat H1 earnings
    Limited growth influenced, in part, by terminal start-up delay in Algeciras.
  • Brazil to renew ageing fishing fleet
    Focus will be on vessel fuel efficiency.
  • Reports: Aegean to start Algeciras supplies by September
    Traders fear increased competition will depress prices.

›››File
FROM THE HOME PAGE
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%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
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%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
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.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
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%).
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 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.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
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.
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
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
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
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.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
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
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.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
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
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.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
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
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
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
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
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
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
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
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%)
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%
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.
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%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
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.
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
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
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.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
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%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
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%
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
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
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
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
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
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
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%)
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
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
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.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
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%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
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.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
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
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
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