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Independent journal on economy and transport policy
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BRIEFS
January 30, 2013
Sched Netweb site
  • Cosco faces de-listing risk after warning of 'significant' 2012 loss
  • Suez Canal transits under threat as violent unrest in Egypt worsens
  • Guangdong to spend US$11.5 billion on transport infrastructure this year
  • 'K' Line upgrades intra-Asia, adds Thai, Philippines, Vietnam links
  • Singaporean-Dutch trade in 2012 makes Netherlands No 3 EU trade partner
  • Agility expands in Malaysian renewable energy with bonded warehouse
  • Hapag-Lloyd to increase export reefer rate out of Mexico February 23
  • Damco reshuffles top management, moves HQ from Copenhagen to The Hague
  • ESC: Europe needs rail sector liberalisation ahead of EC policy package
  • DHL expects stable growth in Africa's air freight sector in 2013
  • OHL takes to Descartes cloud-based ASAC for US-bound high risk cargo
  • IATA urges teamwork in European action plan to reduce runway accidents

Exim Indiaweb site
JANUARY 29, 2013
  • MOL gets go-ahead to install packaged container ballast water treatment system in cargo hold
  • Rickmers-Linie successfully recertified as per latest ISO standards
  • Cotton exports to increase on rising Chinese demand
  • Wheat exports may touch 9.5 mt in current fiscal
  • Antwerp Port Authority road show in India early next month
  • New Mangalore Port attains MoS target for 2012-13
  • CAG commences performance audit of highway projects
  • ICD-Khodiyar organises tree plantation drive on Republic Day
  • RBI cuts repo rate, CRR by 25 bps

International Transport Journalweb site
JANUARY 29, 2013
  • New Sydney freight line opens
    The new 36 km long southern Sydney freight line has commenced operations. The AUD 1 billion (EUR 790 millios) track will speed up train movements through Sydney and improve the ove...
  • BNSF to invest USD 4.1 billion in 2013
    BNSF Railway Company (BNSF), one of North America's leading freight transportation companies, plans to invest around USD 4.1 billion this year, some USD 450 million more than in 20...
  • North America's commercial vehicle market expanding
    The new state of the industry report compiled by ACT Research Co (ACT) reveals that orders for medium duty commercial vehicles in the USA in Q4/2012 was the best since Q1/2008. The...
  • CMA sells 49% of Terminal Link to China Merchants Holding
    The French shipping company CMA CGM and China Merchants Holdings (International) Company Ltd (CMHI) have signed a share purchase agreement on the sale of a 49% equity interest in ...
  • Würfel rejuvenates fleet
    The German forwarder Würfel, a specialist for transport on outsize trailers and whose holding is in Bremerhaven, acquired 52 new Mercedes and MAN trucks over the past 18 months, th...
  • AirAsia X extends ULD contract with Chep Aerospace Solutions
    AirAsia X, the Malaysia-based long-haul low-cost airline affiliate of the AirAsia Group, and Chep Aerospace Solutions are extending their unit load device (ULD) outsourcing and man...
  • Gulftainer to invest in Ust-Luga
    Gulftainer, a privately owned port operator based in the United Arab Emirates, has signed an agreement to become a shareholder in the Russian port of Ust-Luga, which is located nea...
  • VBC changing in Germany, Austria and Switzerland
    Volvo Bus Corporation (VBC) is expanding Thomas Hartmann's area of responsibilities, with effect from 1 February. Hartmann, who already began to manage sales of Volvo buses in Germ...
  • Ram Menen's retirement now definite
    Ram Menen, one of the most distinguished personalities of the global air cargo business, is retiring from Emirates SkyCargo in June 2013. Menen took charge of the air cargo divisio...
  • KLM transports masterpieces for "Amsterdam 2013"
    KLM Royal Dutch Airlines and its cargo division have become the proud sponsor and official carrier of "Amsterdam 2013". 2013 is a very special year for...
  • ADB Airfield Solutions upgrades Basra international airport
    The Iraqi Civil Aviation Authority has selected Belgium-based ADB Airfield Solutions to modernize Basra international airport, the country's second busiest airport. The upgrade wil...
  • Agility receives ISO 9001:2008 certification in Europe and Central Asia
    Agility, a leading global logistics provider, recently acquired ISO 9001:2008 certification for its area east region, which includes Russia, Ukraine, Kazakhstan and Turkmenistan. T...

Marine Logweb site
JANUARY 29, 2013
  • Court accepts BP's Deepwater Horizon plea deal
  • Vane Line wins $13.1 million TRANSCOM contract
  • Mack Boring to distribute Steyr marine diesel engines
  • LaHood to step down
  • Mermaid Maritime wins subsea contracts worth $30 million
  • Mat-Su Borough tries to give Susitna away
  • Kings Point welcomes new Deputy Superintendent
  • EU funds study of barriers to LNG fueling
  • IHC Merwede introduces new OSV series

World Wide Shipperweb site
JANUARY 29, 2013
  • General Dynamics NASSCO nets TOTE vessel conversion deal
  • Derelict vessel sinks in Tacoma waterway
  • New PDX Starbucks store offers look at Portland's past
  • Transportation Secretary LaHood not returning for second term
  • Inchcape Shipping Services gives update on Egyptian ports

Lloyd's Listweb site
JANUARY 29, 2013
  • Philippines to test the law of the sea in South China Sea dispute
    Can the Philippines take China to tribunal and win a long-running territorial spat?
  • US dockers and employers return to bargaining table
    February 6 contract expiry looms as federally mediated talks resume
  • Nordic Insurance Plan gets provisional thumbs-up
    Norway, Denmark, Sweden and Finland policy terms from are amalgamated
  • Who will benefit from the new Nordic Insurance Plan?
    Clauses improve clarity for owners, operators and insurers of mobile offshore units
  • Appeal decision upholds shipowner's right to limit liability
    Landmark ruling comes 22 years after the event
  • Enrica Lexie case moves to Delhi
    Case will set precedent for future incidents involving private armed guards
  • Enrica Lexie legacy
    Italy battles for jurisdiction as landmark case moves to Delhi
  • The truth behind oil tanker spills
    Most oil is spilled during loading and discharging cargoes at port
  • Scorpio expects healthy earnings for two new tankers
    Expectation of $19,250 per day signals a brighter spell for product tankers
  • China Merchants' Terminal Link deal gets mixed response
    Moody's changes its outlook from stable to negative but S&P rating stays the same
  • Seafarers to strike as Greece seeks to ease restrictions on ferry firms
    Draft law aims to lift the burden on loss-making sector
  • Low-priced orders see Daewoo's net income plunge
    But strong orders in 2012 signal better annual results for 2014
  • PwC urges shipping to improve its sustainability reporting
    Few companies declare their emissions despite the benefits this delivers
  • 'There are no easy fixes any more'
    PwC benchmark survey tracks shipping's fall and foretells new troubles ahead
  • Mother of all ratios
    Shipping companies are destroying shareholder value, finds PwC
  • Cosco Corp wins $54m orders for two platform supply vessels
    Deal with unnamed European owner carries two options
  • DP World posts 2.4% rise in volumes
    Container terminal specialist highlights improved efficiency and productivity
  • Virginia bidders left in limbo
    Port authority postpones privatisation decision

Fairplayweb site
JANUARY 29, 2013
  • Floods choke off Australia's coal shipments
    BROKERS told Fairplay today that coal movements from Australia are still almost zero because flooding still grips Queensland, even though storms have moved on
  • COSCO expects $1.68Bn in 2012 losses
    COSCO said it expects to lose RMB10.45Bn yuan ($1.68Bn) for full 2012
  • Scorpio lowers guidance
    NYSE-listed Scorpio Tankers has pared Wall Street expectations for 4Q12, but confirmed positive charter-rate momentum for 2013
  • Georgia LNG export plan gathers steam
    A SHELL-Kinder Morgan joint venture has energised LNG export plans for Elba Island, Georgia, one of the few remaining LNG import terminals in the US
  • Abbot Point control shifts
    IN A DEAL worth more than $2Bn, Adani Ports & Special Economic Zone has sold its 100% control of Abbot Point Coal Terminal in Queensland, Australia, to APSEZ's own controlling stakeholder
  • Lauritzen lent $75M
    TWO EXPORT finance banks have issued a $75M term loan facility to J Lauritzen, the Copenhagen shipping group
  • Peril seen in export credit financing
    SHIPPING'S dependency on export credit finance is threatening the sector's recovery by fuelling excessive ordering, a shipping analyst warned today
  • Product tanker balance tightening
    SUPPLY and demand balance will tighten from this year to 2015 in the product tanker sector, an Oslo investment bank predicted today
  • Ningbo drops into red
    SHANGHAI-listed Ningbo Marine said today it expects net losses of 120M yuan ($19.3M) for full-year 2012, mainly because of depressed freight rates
  • Modern VLCCs drive scrapping of older tonnage
    BETTER fuel efficiency of modern VLCCs is likely to promote the scrapping of older ships, with the sector's tonnage balance and capacity utlisation challenges growing, shipping analysts predicted today
  • Baltic traffic disappoints
    CONTINUING economic problems in the eurozone keep dampening cross-Baltic Sea cargo flows, according to German port figures
  • Belize flag unfurls incentives
    THE BELIZE ship register has announced new incentives to build on gains achieved by the flag in 2012
  • Mechel buys out Vanino minority stakeholder
    MECHEL, the Russian speciality steel and coal-mining group, has agreed to buy out the remaining minority stakeholder in Vanino port
  • Neste could lose 130 jobs
    NESTE Shipping, the tanker arm in the Neste oil group in Finland, has started a programme to improve its efficiency that could lead up to 130 job losses, almost one-third of its workforce
  • Hess to exit downstream
    HESS HAS revealed plans to sell its refining, terminal and storage holdings and focus instead on exploration and production

The Journal of Commerceweb site
JANUARY 29, 2013
  • East to West Intermodal Rates Up for Week
    East to west spot intermodal rates shot up last week, partly because of a shortage in the New York-New Jersey to Los Angeles lane, but overall spot rates remained relatively flat compared to last week, still hovering at levels roughly 25 percent lower than in early October. All-in, door-to-door -53-foot domestic...
  • Suez Convoys 'Continuing' Despite Unrest in Eqypt
    Civil unrest in Egypt is not impacting operations at the key Suez Canal ports of Ismailia and Suez and Port Said. A state of emergency has been declared in a number of Suez Canal cities, but Inchcape Shipping Services advised that terminals are operating normally and canal convoys are continuing. "The Egyptian...
  • Carriers Advise Shippers on ILA Strike Contingencies
    Container ship lines serving East and Gulf Coast ports are urging customers to pick up import containers and return empty boxes before the International Longshoremen's Association contract expires Feb. 6. Maersk Line issued an advisory encouraging customers with dry or refrigerated containers on terminals "to take every available opportunity to have...
  • Port Freeport Channel Deepening Project Moves to Congress
    Port Freeport in Texas received a positive report from the U.S. Army Corps of Engineers' chief for its Freeport Harbor Channel Improvement Project, which will deepen and widen the Freeport channel. The report will be transmitted to Congress. Port Freeport's next step will be to begin the estimated three-year preliminary engineering...
  • ATA Asks FMCSA to Delay New Driver Hours Rule
    The American Trucking Associations wants the starting date for new federal hours of service rule for truck drivers delayed to give trucking companies more time to train drivers and adjust operations. In a letter to Federal Motor Carriers Safety Administrator Anne S. Ferro, ATA President and CEO Bill Graves asked for...
  • Ex-Im Bank Opens Detroit Office
    (L-R) Rep. John D. Dingell; Rep. Gary Peters; Fred P. Hochberg, Ex-Im Bank chairman, president; Senator Debbie Stabenow; Michigan Governor Rick Snyder; and Sandy Baruah, Detroit Regional Chamber president, CEO. The Export-Import Bank of the United States has opened its new regional export finance center at the U.S. Export Assistance Center...
  • DHL Express Renews Lease at Amsterdam Airport Schiphol
    DHL Express has renewed its lease agreement at Amsterdam Airport Schiphol for another 10 years. Wouter van Benton, managing director of DHL Express, and Andre van den Berg, director of Schiphol Real Estate, signed the agreement on Jan. 28. DHL Express has been located at Anchoragelaan, at Schiphol Southeast, since 2006....
  • US Steel Imports Rose 16.9 Percent in 2012
    U.S. steel imports in December 2012 totaled 2.3 million tons, a decline of 13.9 percent from 2.7 million tons in November, according to American Institute for International Steel. Imports plummeted month-to-month because many buyers minimized inventory and reacted cautiously as the "fiscal cliff" approached at the end of the year, said David...
  • LaHood to Step Down as US Transportation Secretary
    Ray LaHood, secretary of the U.S. Department of Transportation since 2009, today announced that he will not serve a second term for President Obama's Cabinet. He said in an e-mail to DOT employees that he plans to stay on until his successor is confirmed. LaHood was the only Republican in the president's...
  • Canadian Pacific's Profit Plummets 93 Percent
    Class I rail carrier Canadian Pacific Railway reported profit in the fourth quarter of 2012 was C$15 million (about US$14.9 million), plummeting 93 percent from $219.9 million in the fourth quarter of 2011. Quarterly revenue was $1.5 billion, rising 6 percent from $1.4 billion in the same quarter in 2011. A $185...
  • ILA Negotiations: Not Over Yet
    What's remarkable about the latest twists in the longshore labor negotiations for East and Gulf Coast ports is the muted reaction from shippers. Maybe shippers are simply weary of being whipsawed by five months of contract expirations and strike deadlines since last September. Maybe they've decided they're ready with contingency plans...
  • MSC Hikes Europe-Asia Rates
    Ocean carrier Mediterranean Shipping Co. has announced general rate increases from Europe to the Middle East and Asia for the first quarter of 2013. Effective immediately, the rate hike will be $1,500 per refrigerated container originating from Europe to any destination in the Middle East or Asia. Beginning March 10, the increase...
  • Annual Review & Outlook 2013: U.S. Customs and Border Protection
    This coming year we will continue to see substantive new benefits for the trade community and our economy as a result of the ongoing transformation of U.S. trade facilitation. Government continues to partner with stakeholders to achieve joint solutions that reduce the length and cost of transactions, enhance coordination and...
  • Annual Review & Outlook 2013: National Customs Brokers & Forwarders Association of America
    One initiative the NCBFAA has worked on for the last several years that will continue into 2013 is the ongoing co-development with Customs and Border Protection of the functionalities needed to make the Automated Commercial Environment a practical operating system. In 2013, we expect ACE to include border/cargo release and...
  • Annual Review & Outlook 2013: Mitchell Silberberg & Knupp
    What happens in the regulatory arena over the next year depends in great measure on how disciplined Congress becomes. For example, where will budget cuts hit the various regulatory agencies? Will new laws be enacted that require agencies to take on significant new responsibilities but provide no additional funding, staffing...
  • Annual Review & Outlook 2013: Jacksonville Port Authority
    Among the many issues of critical importance to the nation's seaports in 2013 will be more vigorous coordination with the U.S. Army Corps of Engineers and Congress on prioritizing, funding and actually completing projects to maintain the nation's competitiveness on the international stage. This will require leadership and vision to...
  • Annual Review & Outlook 2013: International Projects
    Basel III, a global standard that significantly increases the amount of capital and liquidity that lending institutions must maintain to support their operations, is likely to make trade finance less available and more costly in the foreseeable future. The Third Basel Accord increases the capital ratio to 4.5 percent, plus an...
  • UK's Tyne Port to Invest in Wood Pellet Business
    The port of Tyne, Europe's biggest handler of wood pellets, announced plans to invest £180 million ($283 million) in additional facilities to handle, store and distribute imports for the UK's power plants. The port in northeast England, which has capacity for 1.4 million metric tons of wood pellets annually, said it...
  • High Level of Asia-Europe Cancellations Expected
    Ocean carriers have become adept at reducing capacity on an ad hoc basis when cargo volumes drop, and this operating strategy could reach a new level next month during the annual Chinese New Year celebration. With indications that factories in Asia will begin closing in early February and remain shut for...

Containerisation Internationalweb site
JANUARY 29, 2013
  • Newbuild uncertainty reigns
    That is the view of Braemar Seascope's research director Mark Williams. The executive told delegates attending a recent Marine Money conference that there were ...
  • OOCL launches GRI in 'bastion of stability' tradelane
    Assuming that the current US east coast labour contract negotiations have been resolved by that date, OOCL is intending to apply a general rate increase effective ...
  • DP World posts 2.4% rise in volumes
    DP World handled 56.1m teu across its global terminal network in 2012 - a 2.4% increase over 2011 and up 3.7% when adjusted for the divestment of four ...
  • New Evergreen service banks on Turkey
    Taiwanese ocean carrier Evergreen Line is launching a new feeder service in the eastern Mediterranean at the end of January. Offering an improved 10-day service ...
  • Kranich predicts 2013 peak season for box trades as conditions stabilise
    Early indications suggest that 2013 could shape up into a considerably better year for container lines than 2012, which failed to match promises in the latter half.That ...
  • CMA CGM retains calls at terminals sold to China Merchants

TradeWindsweb site
JANUARY 29, 2013
  • Spill totals slide
    Accidental oil spills from tankers hit a record low in 2012, according to statistics released by the International Tanker Owners Pollution Federation (ITOPF).
  • Great Lakes gold mine?
    Calumet Specialty Products Partners of the US is exploring the feasibility of building and operating a crude oil loading dock on Lake Superior.
  • Trans Power targets IPO
    Indonesian tug and barge operator PT Trans Power Marine is planning to list on the Jakarta Stock Exchange next month.
  • Cash for Turkish ferries
    The EBRD prepares EUR 33m loan towards three new ships for city of Izmir.
  • Two vie for run
    Two US companies are bidding to operate a ferry service down the east coast of Canada to Maine.
  • Siem ices Garnet lay-up?
    There is confusion over whether Siem Offshore has shelved plans to put one of its high spec anchor handlers into warm lay-up.
  • Veteran ro-pax sold
    Danish ferry company Danske Faerger has offloaded a laid-up ro-pax to compatriot Petersen and Sorensen.
  • Hanjin Shipping Holdings slips
    Korean owner Hanjin Shipping Holdings has posted a 25% drop in earnings for 2012 despite revenue rising.
  • Seaspan to supersize
    Big spending Seaspan is ready to supersize its already formidable 2013 newbuilding tally, its CEO says.
  • KDM volumes shrink
    Ukrainian cargoship owner KDM Shipping has posted a slide in volumes in 2012.
  • New name on DSX roster
    Manning & Napier has taken a significant position in Diana Shipping in what is a rare move in the sector for the US investor.
  • Hanjin closes on orders
    Korea's Hanjin Heavy Industries & Construction is closing in on orders for up to 20 ships.
  • Chios buys panamax
    Dino Caroussis has stepped into the sale and purchase market to pick up a panamax bulker, brokers say.
  • Scorpio warning 'minor'
    A profit warning from Scorpio Tankers has been brushed aside as a minor issue by analysts tracking the tonnage hungry owner.
  • Mermaid boosts backlog
    Mermaid Maritime has added to its recent flurry of contracts wins with more work across Asia.
  • K Line selling again?
    Japanese owner K Line is reported to have offloaded more bulkers as it trims its fleet.
  • Schulte ship released
    A German boxship that grounded on a reef in the Maldives has been allowed to leave.
  • Provisions cap DSME
    Provisions which scarred another quarter of Daewoo Shipbuilding & Marine Engineering's balance sheet will keep the shipbuilder's stock capped, a leading analyst says.
  • Tokelau gifts ferry
    The government of Tokelau in the Pacific has handed over a laid-up ferry to Samoa.
  • K Line's rating cut
    Standard & Poor's (S&P) has downgraded the debt rating of Kawasaki Kisen Kaisha (K Line) due to doubts over the speed of its recovery.
  • Clarksons charts China loss
    China's shipbuilding industry has seen its newbuilding orderbook cut in half in the past two years with a staggering 90 yards running out of work, Clarksons says.
  • Sembcorp settles
    Singapore's Sembcorp Marine has reached a deal to end a row over unauthorised foreign exchange transactions with its former auditor Ernst & Young.
  • Orlova tug recalled
    An attempt to re-fix a tow line to a cruiseship adrift off Canada has failed.
  • China Merchants bags $1bn
    China Merchants Holdings International (CMHI) has secured a $1bn loan from its parent company.
  • Polaris plotting IPO
    Polaris Shipping of South Korea is rumoured to be lining up an IPO just a few months after the biggest deal in its history.
  • Norway top spenders
    Norwegian shipowners spent the most money on newbuildings last year latest research from Clarkson shows.
  • DP World inches up
    DP World has reported modest growth in the numbers of containers handled worldwide, it emerged Tuesday.
  • Scorpio set to miss
    Scorpio Tankers is set to miss analyst's fourth quarter earnings estimates for 2012 it emerged Tuesday.
  • Biomass to boost bulk
    Wood pellet exports from the US to Europe have jumped 70% year-on-year, latest industry figures show.
  • ICTSI raises $100m
    International Container Terminal Services Inc (ICTSI) has tapped the bond market for the second time in a month raising $100m.
  • Shell eyes US exports
    Shell is teaming up with Kinder Morgan have joined the growing number of companies looking to export LNG from the US.

American Shipperweb site
JANUARY 29, 2013
  • ATA requests hours of service compliance delay
  • NS budgets $2 billion for asset improvements
    The largest expenditure, $831 million, will go to maintenance and replacement of tracks, crossties, ballast and bridges to ensure reliable and safe operations. Another $420 million will be used to buy new locomotives and other equipment.
  • Commentary: English football and liner shipping
  • LaHood confirms he'll step down from DOT
    The U.S. transportation secretary has been coy about his intentions in recent months, but department watchers expected him to leave after one term. A few months ago he said he hadn't decided on whether or not to stay.
  • VPA to hold hearing on terminal privatization
    Both APM Terminals and a group that includes Maher Terminals and JPMorgan IIF Acquisitions LLC have submitted bids to privatize the VPA terminals under the state's Public-Private Transportation Act of 1995.
  • Washington Notebook: Report provides update on U.S. export strategy
  • U.S. exporters praise Japan beef trade agreement
    Japan is currently the No. 2 market for U.S. beef exports in terms of value and No. 3 in volume (143,900 metric tons or 317.2 million pounds) valued at $969.8 million through the first 11 months of 2012.
  • OOCL hiking transatlantic rates
  • Durable goods manufacturing grows in December
  • NRF expects 3.4% sales growth in 2013
  • Corps gives nod to Freeport channel deepening
  • Evergreen launches Greece-Turkey-Malta feeder
  • DP World container volumes up 2.4%
  • Ex-Im Bank opens Detroit export finance office
  • U.S. steel imports in December fall 13.9%
  • U.S. supports solar exports to Mexico
  • Miller trade group's head steps down

The Bunker Bulletinweb site
JANUARY 29, 2013
  • Rotterdam needs LNG bunker tanker
    Port authority could help procure the investment.
  • IFO prices firm in Fujairah
    Markets generally stable.
  • Prices show mix movements across Europe
    Congestion eases in Rotterdam.
  • Seaspan: 'We don't have enough fuel efficient ships'
    'As soon as fuel efficiency is taken care of, other things are taken care of accordingly,' says CEO.
  • Rotterdam annual bunker sales down by a tenth
    Only MGO sales show year-on-year growth in 2012 in Dutch bunkering hub.
  • Fuel oil 'supply glut' continues
    Overhang 'may continue until the start of regional refinery maintenance season.'
  • Refiner to start offering low sulphur product in March
    Hyundai hopes to be selling 5,000 mt of low sulphur material a month.
  • Asian bunker activities to pick up ahead of Chinese New Year
    Buyers face surcharges in Hong Kong.
  • Asian IFO prices lack direction
    Singapore benchmark 380 cSt bunker fuel lost $1.50 pmt.
  • Rewarding risk
    If bunker providers play the role of banks in the shipping casino, there has to be something in it for them.
  • Conference to discuss ways to build US LNG bunker market
    Forum will look at end-user challenges.
  • US-based firm to sell New Jersey refinery
    Hess Corporation will close the refinery by the end of February 2013 and exit the refining business.

›››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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