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Independent journal on economy and transport policy
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BRIEFS
August 5, 2014
Sched Netweb site
  • Hong Kong's OOCL joins US HQ relocation trend by setting up in Utah
  • Port Tracker sees Rotterdam, Antwerp leading North European box revival
  • Ports America takes 30pc of 'K' Line's Long Beach and Tacoma terminals
  • G6 on-time ranking slumps to 41pc while industry average hits 75pc
  • Greek bulker and tanker owners show new interest in containerships
  • Big part of Congress want Obama to threaten Japan, Canada over trade
  • US Marshals ordered to seize Kurdish oil beyond reach off Galveston
  • CP and Teamsters rail traffic controllers reach tentative agreement
  • Norbert Dentressangle buys Jacobson from Oak Hill Capital Partners
  • US reefer, van, flatbed truck rates continue to fall throughout July
  • Top researcher questions integrity of negative rail study on trucking
  • Positive response from airlines on future air cargo growth, says IATA
  • US extends screening scheme a year, may not be mandatory till late 2016
  • Vancouver and Seattle airports cash in on regional cherry bonanza
  • Korean Air adds tenth A380 to boost volume on Incheon-Atlanta flights

Exim Indiaweb site
AUGUST 4, 2014
  • Evergreen Line announces improvements to UK & Ireland services
  • H1 throughput at Dunkerque port up 10 pc
  • IMB reports worrying trend of small tanker hijacks in South-East Asian waters
  • MOL Logistics launches new warehouse operation in Hong Kong
  • More consortia & alliances likely, says Drewry
  • Rates on Asia-North Europe route see significant surge
  • Safmarine is UTi-Ansell's Partner of the Year
  • Tilbury & Zeebrugge's strategic agreement signs up SCS Multiport for new route
  • EU prohibits import of select products from India
  • India to import rice bran to fuel local oil production
  • Iran's duty hike may hamper Basmati exports
  • Pipavav Port targeting significant boost in box handling capacity
  • Shipping Minister lays stress on increasing marine products exports, developing port-related projects
  • Govt to develop dedicated cargo terminals at 24 airports
  • FY15 fiscal deficit target 'daunting', says FM
  • June sees 7.3 pc rise in core sector output

Marine Logweb site
AUGUST 4, 2014
  • EBDG awarded Staten Island Ferry design contract
  • Shipping bodies issue Ebola virus advice
  • Wärtsilä to design new ferry for Gulf of Bothnia link
  • P&I Club warns of dangerous defects in newbuilds
  • Damen delivers first of three seismic chasers
  • Meyer inks deal for Finnish shipyard
  • Newport News awarded CVN 73 planning contract

World Wide Shipperweb site
AUGUST 4, 2014
  • Port of Vancouver, USA welcomes maiden voyage ship
  • Panama Canal Authority inks deal with consortium
  • Coast Guard rescue teams find missing man's vessel
  • VT Halter Marine nets order for two articulated tug barge units
  • Crowley solutions group opens Singapore office

Lloyd's Listweb site
AUGUST 4, 2014
  • Larger container consortia to bring stability to east-west trades
    Alliances set to ease capacity adjustments, according to Drewry
  • TEN shares down despite second-quarter operating income of $8.5m
    Company upbeat for MLP formation and US condensate exports
  • Color Line and Kiel revert to ISPS level one
    Security status raised after Islam terror threat warning, ferry operator admits
  • Crews calling in west Africa face ebola risk, shipping groups warn
    Masters should consider shore leave restrictions, argues ICS, IMEC and ITF
  • Suezmax crude tanker sells for $3m more than its value
    Good price for seller comes amid belief in the future of the 1m barrel oil tankers
  • STX Europe sells Turku shipyard
    Meyer Werft takes 70% and Finland takes 30% and backs cruiseship with $13.4m
  • Pakistan breakers provide a bright spot in a quiet week
    Falling domestic steel prices and currency changes dampen India scrapping sentiment
  • US sanctions two North Korea shipping companies
    Chongchongang and Ocean Maritime Management accused over Cuban arms haul
  • Port of NY/NJ sets its course to break annual traffic record
    Container throughput overcomes a harsh winter to rise 4% to 1.6m teu
  • Two dead and many feared missing after Bangladesh ferry capsizes
    Pinak-6 was carrying some 250 passengers, heading home after Eid celebrations
  • Indian summer for VLGC market as Jag Vidhi sells for $25m
    Vintage ship price hike shows that gas carriers are still a hot prospect, say analysts
  • Golar LNG provides a floating storage and regasification unit to Ghana
    Tema LNG marks Accra's $500m gas-import debut
  • Moody's Japan reviews Mitsui OSK Lines' rating
    Ratings agency rethink after shipping giant lowers its profit guidance for this fiscal year
  • International shipping cuts CO2
    IMO study shows a greener performance but warns that this may not be permanent

Sea-webweb site
AUGUST 4, 2014
  • Wärtsilä wins ferry design contract
    Finland-headquartered marine power provider Wärtsilä today signed a contract for the design of an environmentally sound Gulf of Bothnia ferry as part of the Midway Alignment of the Bothnian Corridor project. "The project has been initiated to develop a multimodal logistics corridor across the Gulf
  • Damen delivers seismic guard vessel
    Damen Shipyards Group has delivered the first of three 35m seismic research guard vessels to Netherlands-based offshore services company Rederij Groen in what it describes as "a new milestone in offshore support vessel construction". Named 7-Oceans and built at Damen's Maaskant Shipyards Stellendam,
  • TEN bullish on crude prospects
    NYSE-listed Tsakos Energy Navigation (TEN) believes escalating geopolitical unrest could boost crude shipping rates. The Nikolas Tsakos-led company posted net income of $249,000 for 2Q14 versus a net loss of $2.4M in 2Q13. However, after dividends to preferred shareholders are taken into account,
  • Chennai looks to revive megabox project
    On Wednesday Chennai Port Trust (ChPT) board will consider a proposal to again seek bids for a 5M teu container terminal, along with two other expansion projects. The move follows the split between nearby L&T Kattupalli Port and Philippines-based International Container Terminal Services India
  • Meyer Werft acquires 70% of Turku yard
    Meyer Werft has acquired all shares in STX Finland, which owns a shipyard in Turku. TUI Cruises in Hamburg has ordered two ships to secure the immediate future of the yard, Jan Vapaavuori, Finnish minister of the economics and employment, has announced. Meyer will hold a 70% stake in a new company
  • COSCO (Guangdong) wins PSV quartet
    China's COSCO (Guangdong) Shipyard has won an order for four wave-piercing platform supply vessels (PSVs) from returning Singapore-based Chellsea, which is a subsidiary of Hong Kong shipowner Chellaram Shipping. The four 4,4000dwt UT 771 WP-designed vessel order is made up of the final two options
  • Tallinn's profits climb 16%
    The Estonian port of Tallinn has announced 1H14 figures showing a net profit of €20.2M ($27M), up 16% on the same period in 2013, with turnover increasing by 7% to €59M. Led by continuing growth on the Tallinn-Helsinki ferry route, as well as increasing calls by bigger cruise ships, the
  • Italy takes lead on Med emissions control
    Italy's parliament has proposed reducing the sulphur content of marine fuels used in its waters from 2018, according to a statement by its environment commission. This would bring Italy in line with north European waters. "The Environmental Commission of the Chamber [of Deputies] has asked and
  • South Korean ro-ro ship collides with berth
    South Korea-flagged passenger ro-ro ship C-K STAR collided with a berth at China's Lianyungang Port on Saturday afternoon, injuring one crew member. The ship suddenly lost all electricity supply when entering the port, hitting the berth under construction. The vessel was carrying 104 passengers,
  • Mencast ends 2Q14 on high note
    Singapore-listed offshore service provider Mencast Holdings posted a 59% increase quarter-on-quarter (q/q) to SGD43.9M (USD35.2M) in its revenue for 2Q14 ended on 30 June. Similarly, the company's gross profit surged 27% to SGD12.42M ($9.95M) in 2Q14 compared with SGD9.74M in 2Q13. Mencast's profit
  • China to build three berths in Kenya
    China Communications Construction Company (CCCC) signed a USD480M deal on Friday with the Kenyan government for the construction of the first three berths at Lamu Port. The three berths are part of the Ethiopia Transport Corridor Project (LAPSSET) Corridor Program, and are designed to handle general
  • COSCO posts earnings for 2Q14
    Singapore-listed shipping company, COSCO Corporation (Singapore) Limited saw a rise of 19% quarter-on-quarter (q/q) to SGD14.3M (USD11.5M) in its net profit in 2Q14, ended on 30 June 2014. The company has a 29% increase q/q in its turnover to SGD1.1Bn from SGD890.3M in 2Q13. COSCO's 2Q14 pre-tax
  • Hijacked oil tanker released off Nigeria
    Hijacked oil tanker MT Hai Soon 6 carrying 21 crew was released yesterday in waters off Nigeria, according to South Korea's foreign ministry. The owner of the vessel, Hai Soon Diesel & Trading, confirmed with IHS Maritime Fairplay that the tanker was released and all on board are safe and unhurt.
  • China LNG imports up 19% y/y in 1H14
    China's liquefied natural gas (LNG) imports climbed 19% year on year (y/y) to 9.9 million tonnes in the first six months in 2014, according to customs statistics. The average import prices also gained 7% y/y to USD623.4 per tonne. In January 2014 the LNG imports reached a record monthly level of 2.6

The Journal of Commerceweb site
AUGUST 4, 2014
  • King Ocean's service shift from Miami to boost Port Everglades
    Port Everglades officials say they expect the port's container volume to increase by as much as 47,500 20-foot-equivalent-unit containers annually following the recent transfer of two of King Ocean's eastern Caribbean services from PortMiami. The additional services have begun operating weekly from King Ocean's Sun Terminal at Port Everglades to St....
  • US antitrust suit weighs on Nippon Express
    Nippon Express Co., Japan's largest international freight forwarder, saw its group net profit sink over 30 percent in the first quarter of fiscal 2014, which started on April 1, due to an extraordinary loss related to an antitrust class-action lawsuit in the United States. The Tokyo-based company said that its group...
  • Proposed Mexican rail line short on details
    An announcement last week that a Chinese consortium would build a rail line connecting a planned port on Mexico's Pacific Coast to a manufacturing hub along the U.S. border was heavy on fanfare but short on details. The Mexican state of Chihuahua in a statement announcing the deal didn't outline the...
  • Strapped container carriers rely on lessors for boxes
    Weak finances are forcing ocean carriers to rely more heavily on lessors to provide them with containers. Lessors' share of the global container fleet rose to an eight-year high of 46 percent last year, according to the Container Leasing report published recently by Drewry Maritime Research. The lessors' share was 40...
  • ABF boosts revenue, profit; Panther expands
    When ArcBest, the company formerly known as Arkansas Best, reported its most profitable fiscal quarter in years last week, Wall Street reacted swiftly. The company's per share price plummeted 25 percent July 31, as investors reacted to news that at 63 cents per share, ArcBest's earnings were short of a...
  • Progress in PNW grain talks as two parties schedule more meetings
    Negotiations between the International Longshore and Warehouse Union and the Pacific Northwest Grain Handlers Association, which represents a half-dozen export facilities in Oregon and Washington, are not concluded, though both parties say weekend bargaining has gone well. The Federal Mediation and Conciliation Service issued a statement today confirming that the two...
  • Intermodal traffic on track to outpace 2013 growth, IANA says
    North American intermodal volume growth this year appears to be on track to exceed the 4.6 percent gain seen in 2013 after traffic rocketed 8.2 percent year-over-year in the second quarter. The intermodal traffic growth rate in the April through July period, the healthiest since early 2011, was driven by the...
  • Spare some thought for the seafarers
    Peter Tirschwell came to town last week. I've known Peter for many years, and given that he might write my obituary one day, I offered to buy him lunch. Not having seen him for a while, once we got past insulting each other, as old friends do, the conversation settled down...
  • US industrial real estate market continues growth
    One of the nation's top real estate firms says the United States' industrial real estate market continued major growth in the second quarter, but noted this growth is more responsible and less speculative than the pre-recession boom. Commercial real estate firm JLL released its quarterly report this week, saying the U.S....
  • Miami opens $668.5 million port tunnel
    A $668.5 million tunnel that allows drayage trucks to bypass congested downtown streets opened with minimal fanfare yesterday at PortMiami. Florida Gov. Rick Scott joined port officials in dedicating the tunnel's 4,200-foot twin tubes on Feb. 19, but the full opening was delayed by replacement of malfunctioning jet fans in the...
  • Researchers target ways for world's farmers to stem food loss
    Ending world hunger has been a goal of governments, charities and charitable businesses and people for as long as there have been hungry people. Efforts have ranged from producing or donating massive amounts of food to reducing food waste and food loss. A number of corporations and trade organizations are working...
  • Wal-Mart turns attention to reducing food waste
    As the world's largest corporation, Wal-Mart holds hefty leverage over its vendors. When the retailer wanted RFID - even on perishables - vendors helped find a technical solution and complied. When Wal-Mart insisted on a certain type of pallet, vendors complied. The next mission of Wal-Mart, No. 1 on the JOC's...
  • Pamana Canal, contractors confirm agreement to keep work going
    The Panama Canal Authority and the consortium hired to build a third set of locks have amended their construction contract to reflect a March settlement of a payment dispute that interrupted work for two weeks. "What remains now is to continue working with the commitment to complete the expansion," said Administrator...
  • Consignee or Not Consignee?
    Q: I'm working through a situation and would like your professional opinion on the most accurate solution. We work as a lead logistics provider for a U.S. importer (Company A). To that end, we manage its freight forwarders and the transactional shipments. Company A places a purchase order to Company B....
  • Steady trans-Atlantic ocean trade offers respite for carriers
    Consider the trans-Atlantic market an oasis of calm. For a container shipping industry focusing on the opportunities and pitfalls in the much larger Asia-Europe and trans-Pacific trades, or the rapidly growing north-south trade linking Asia to Africa and Latin America, that's not necessarily a bad thing. The trans-Atlantic gets little respect,...
  • Declining European rail performance threatens intermodal growth
    Declining operating standards across Europe's rail network are threatening the future of intermodal transport, a leading combined transport company warned. Switzerland-based Hupac said it overcame a weak European economy and flat traffic in its key Italian market to carry almost 340,000 truck loads on unaccompanied combined transport in the first half...

TradeWindsweb site
AUGUST 4, 2014
  • All eyes on DRYS
    A leading equity analyst believes diversified Greek operator DryShips will turn in a loss when it reports second-quarter earnings Wednesday morning.
  • Are yards cutting corners?
    A leading protection-and-indemnity club is urging owners of bulkers and general cargoships to proceed with caution when taking delivery of newbuildings.
  • Design deal sealed
    Wartsila has lined up a contract to design a 'green' ferry that is going to be deployed on a loop linking Finland to Sweden by way of the Gulf of Bothnia in the Baltic Sea.
  • Sinotrans defies downturn
    Sinotrans Shipping of Hong Kong generated a relatively healthy profit in the first-half of 2014, a period in which many of its rivals struggled to keep their heads above water.
  • Two for TUI
    TUI Cruises has made good on its promise of fleet expansion with the addition of two more newbuildings to its orderbook.
  • TEN's new crude hope
    Tsakos Energy Navigation spoke of its belief in a tentative crude tanker market rebound as it reported a marginal second quarter profit today.
  • Gail emerges for LNG ships
    A tender for up to nine LNG newbuildings has finally been issued by Gail (India) after months of delays and discussions.
  • Atlantic Nav nets more
    Offshore owner Atlantic Navigation has seen its first half profit climb by one fifth.
  • Turku takeover sealed
    German shipbuilder Meyer Werft has agreed to purchase a majority stake in STX Finland.
  • Bibby builds offshore fleet
    Bibby Ship Management has secured contracts to manage two platform supply vessels (PSVs) and an FPSO.
  • SMM profit inches up
    Singapore's Sembcorp Marine has reported a modest 4% growth in its half year results released Monday.
  • Suezmax price in focus
    Peter Livanos's JM Maritime Investments is reported to have secured a strong price for one of its suezmax tankers.
  • Supra8 tops 50 ships
    Navig8 has seen its Supra8 supramax pool surpass the 50 ship mark following the addition of four more bulkers
  • Moody's ponders MOL cut
    Moody's could cut its issuer rating on Mitsui OSK Lines after the Japanese owner lowered its profit forecast last week.
  • Vale faces Subic ban
    Subic Bay Metropolitan Authority (SBMA) has suspended iron ore transshipment operations by Vale over complaints about pollution.
  • Merger of dry duo tipped
    Two dry bulk companies founded by Peter Georgiopoulos have been put forward as merger candidates by Norwegian bank Arctic Securities.
  • CHO back in black
    CH Offshore has put a bad 2013 behind it to return to profit for latest financial year, figures released by the shipowner show.
  • CMES scraps panamax
    Shanghai-listed shipowner continues clearout of elderly tonnage with sale of bulker.
  • CMES scraps in China
    Scrappers are paying just $327m per ldt for a Chinese-owned panamax
  • We'll take three
    Maritime Assets Corporation (MAC) of Dubai has sold three platform supply vessel newbuildings to Grup Servici Petroliere (GSP), Rumania's largest offshore player.
  • Hijackers free tanker
    West African pirates have released the 5,500-dwt products tanker Hai Soon 6 (built 1993), which was hijacked one week ago while in the Gulf of Guinea.
  • Ghana gets gas
    Idan Ofer's Quantum Pacific and John Fredrikesen's Golar LNG have joined forced on a $500m project to build a liquefied natural gas import terminal near the Ghanaian city of Tema.

American Shipperweb site
AUGUST 4, 2014
  • BREAKING NEWS: Agreement between Panama Canal, contractors on financing
    The Panama Canal Authority and the consortium working on the expansion project have signed an agreement that incorporates a variation reached in March to the original 2009 contract.
  • Big alliances may help lines control capacity
  • Norbert Dentressangle acquires Jacobson Companies
    Hervé Montjotin, Norbert Dentressangle's CEO, said the deal "is a key milestone in Norbert Dentressangle's development strategy to become a top-tier player in global supply-chain management."
  • Energy company raises coal delivery concerns
    The president and chief executive officer of Xcel Energy, Ben Fowke, Thursday sent a letter to the STB outlining his "concern over the ability of the BNSF to deliver sufficient coal to our electric generating stations."
  • PostNL experiences revenue rise in Q2
  • HP pays $32.5 million to settle with Postal Service
  • Maersk doubles down on transpacific rate hike
  • ILWU, grain companies to continue negotiations next week
    FMCS said in a statement issued Monday morning that bargaining that began last Wednesday continued during the weekend with assistance from FMCS Acting Director Scot Beckenbaugh.
  • PortMiami tunnel open for business
    The tunnel is expected to shave 25 minutes from a port shuttle truck's round trip to the port, making it possible for drivers to add at least one more revenue-bearing trip to their 11-hour driving day.
  • Container lessors expand their market share
    London-based consulting firm Drewry said this contrasts with the preceding five years (2004-08), when operators' fleet growth outpaced that of the lessors.
  • Boeing to build new 787 model in S.C.
    When the plant opened in 2011, Boeing said it was diversifying its supply chain, but the machinists' union charged the company with trying to intimidate it by moving production to a right-to-work state.
  • Executive moves

The Bunker Bulletinweb site
AUGUST 4, 2014
  • Bunker Holding names chief sales officer
    Jan Obel was former CEO of the KPI Bridge Oil Group.
  • New player in bunker market
    DoJi Marine Trading to focus initially on the US, ARA and Singapore markets.
  • Sanctions could hit Rotterdam terminal project
    Calls for Russian company to be boycotted.
  • Prices start week soft in Fujairah
    Prices unchanged in Suez.
  • IFO prices on downward path in Northwest Europe
    Rotterdam: Market was quiet.
  • Fuel oil prices 'under long-term pressure'
    China's energy reforms could dent regional demand for fuel oil.
  • Hong Kong shows successful transition to low sulphur fuel
    Port with MGO that previously wouldn't even meet upcoming ECA limit, has largely met locally imposed 0.05% sulphur limit.
  • Sources: 'Five Aframaxes chartered to store fuel oil'
    Move comes as arbitrage inflows slacken.
  • 'Two-tier' bunker market in run-up in mass flow meter rules
    Players could to see pricing anomalies in the run-up to 2017.
  • Asian prices stay on narrow trading path
    Operations in Busan threatened by second typhoon.
  • Boxship owner orders dual-fuel quartet
    Contract includes options for five more newbuilds.
  • Project started to track vessel engine performance
    Technology will focus on MAN B&W engine systems.
  • Update: Pirates free MT Hai Soon 6
    Vessel held captive for a week.
  • Titan Petrochemicals debt restructuring produces results
    Firm expects to record 'substantial profit' for first half of 2014.
  • Chinese shipping firm enters 'LNG' buying spree
    Orders placed for 200 LNG-powered river vessels.
  • Finnish firm starts fleetwide scrubber installations
    Company adding system to four other vessels.

›››File
FROM THE HOME PAGE
PORTS
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
In decisa crescita il traffico delle merci nei porti tunisini
Nel trimestre aprile-giugno è stato di 7,4 milioni di tonnellate (+8,8%)
PORTS
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
PORTS
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
PORTS
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
PORTS
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
SHIPPING
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
SHIPPING
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
SHIPPING
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
PORTS
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
SHIPPING
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
ACCIDENTS
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
SHIPPING
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
SHIPYARDS
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
SHIPPING
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
CRUISES
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
ACCIDENTS
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
SHIPPING
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
ACCIDENTS
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
LOGISTICS
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
SHIPPING
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
CRUISES
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
SHIPPING
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
SHIPPING
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
PORTS
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
RAILWAY TRANSPORT
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
PORTS
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
CRUISES
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
SHIPYARDS
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
PORTS
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
SHIPPING
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
CRUISES
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
SHIPPING
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PORTS
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
PORTS
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
RAILWAY TRANSPORT
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
SHIPYARDS
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
SHIPYARDS
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
SHIPYARDS
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
ACCIDENTS
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
CRUISES
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
PORTS
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
PORTS
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
COMPETITION
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
FREIGHT TERMINALS
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
INTERMODAL TRANSPORT
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
PORTS
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
PORTS
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
LEGISLATION
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
ACCIDENTS
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
SHIPPING
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
PORTS
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
TRANSPORTATION
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
SHIPPING
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
TRANSPORTATION
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
ACCIDENTS
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
PORTS
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
PORTS
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
PORTS
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
ACCIDENTS
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
PORTS
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
CRUISES
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
PORTS
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
SHIPPING
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Washington/Southampton/Rotterdam
Meanwhile, another tanker, the "Stolt Magnesium", was hit by a missile near Oman
SHIPPING
European shipowners call for permanent derogations from the EU maritime ETS after 2030
Brussels
Exemptions for connections with islands and outermost regions, for polar class vessels, for transnational public service obligations and for search and rescue activities
RAILWAY TRANSPORT
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
ACCIDENTS
Two VLCCs operated by the UAE's ADNOC were attacked in the Strait of Hormuz.
Abu Dhabi/Tampa
US Central Command announces reinstatement of blockade on maritime traffic in and out of Iranian ports
SHIPPING
Trump announces a tax on goods passing through the Strait of Hormuz protected by the US
Washington/Portsmouth
Expected to be equal to 20% of the value of the transported loads
SHIPPING
Six-monthly vessel traffic in the Straits of Malacca and Singapore increased by +3.7%
Port Klang
In the second quarter of this year alone, a decrease of -0.5% was recorded
SHIPPING
In May, naval traffic in the Suez Canal increased by +15.0%
Cairo
In the first five months of 2026, 5,696 ships passed through the port (+12.7%)
SHIPPING
OOCL records sharp increase in containers carried by its fleet
Hong Kong
In the April-June quarter, revenues generated by this activity grew by +19.8%
ACCIDENTS
Strait of Hormuz, a container ship was attacked near the coast of Oman
Muscat/Portsmouth/New Delhi/Tampa
Fire on board. One crew member missing. 23 other sailors rescued.
SHIPPING
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
PORTS
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
PORTS
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
INDUSTRY
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
SHIPPING
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
PORTS
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
SHIPPING
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
COMPANIES
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
MOURNING
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
PORTS
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
PORTS
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
PORTS
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
COMPANIES
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
PORTS
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
PORTS
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
LOGISTICS
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
LOGISTICS
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
SHIPPING
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
PORTS
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
SHIPPING
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
SHIPPING
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
ACCIDENTS
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
PORTS
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
PORTS
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
INTERMODAL TRANSPORT
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
PORTS
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
ACCIDENTS
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
SHIPPING
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
COMPANIES
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
PORTS
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
PORTS
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
PORTS
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
EDUCATION
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
INTERMODAL TRANSPORT
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
TRANSPORTATION
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
ACCIDENTS
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
INFRASTRUCTURE
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
LOGISTICS
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
LOGISTICS
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
PORTS
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
COMPANIES
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
PORTS
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
PORTS
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
INDUSTRY
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
PORTS
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
LOGISTICS
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
ASSOCIATIONS
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
PORTS
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
FREIGHT TERMINALS
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
INDUSTRY
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
OFFSHORE
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
LOGISTICS
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
ASSOCIATIONS
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
SHIPPING
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
EDUCATION
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
INDUSTRY
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
NEWS
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
SHIPPING
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
ACCIDENTS
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
ACCIDENTS
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
SHIPPING
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
INTERMODAL TRANSPORT
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
PORTS
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
CRUISES
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
PORTS
Western Liguria Port Authority approves 2026 budget update
Genoa
PORTS
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
INDUSTRY
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
PORTS
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
PORTS
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
SEAFARERS
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
PORTS
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
MEETINGS
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
PORTS
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
PORTS
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
PORTS
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
PORTS
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
RAILWAY TRANSPORT
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
PORTS
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
PORTS
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
SHIPYARDS
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
PORTS
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
LOGISTICS
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
INDUSTRY
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
SHIPYARDS
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
SHIPPING
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
INTERMODAL TRANSPORT
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
LOGISTICS
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
JOBS
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
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