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Independent journal on economy and transport policy
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BRIEFS
November 6, 2014
Sched Netweb site
  • Cosco, CSCL post profits in 3Q on the back of government grants
  • Port of Los Angeles takes brunt of congestion as Long Beach troubles ease
  • New containership orders breach million TEU mark
  • 24 dead as Bosphorus shipping halted when refugee boat sinks
  • St Lawrence Seaway opts for arbitration, averting strike over auto-docking
  • China builds pirate-fighting Nigerian Navy warship to patrol Gulf of Guinea
  • DHL Freight to hike LTL tariffs by up to 5pc in 2015
  • DHL invests US$38 million to expand South African warehousing
  • Macau's January-September container and air cargo volumes increases
  • Agility appoints new chief commercial officer for Europe
  • Cathay Pacific flies HK-Phnom Pehn via Singapore and Penang
  • Canada lessens carrier role, consigns initial air cargo screening to shippers
  • HK's Hactl Group wins twice at Payload Asia 2014 Awards in Singapore

International Transport Journalweb site
  • IDS Logistik moves 2 million shipments
  • Spangenberg moves to DTZ Germany
  • Trucks to pay on more German roads
  • Port of Longview to enlarge rail corridor
  • Espo sticks with chairman Garcia-Milà
  • IAG Cargo launches new freight service for Europe
  • HAE Group to represent 2Excel Aviation UK
  • Schedule reliability healthier in September
  • Property deal to boost UK railfreight growth
  • Port of Koper wins Espo award 2014
  • Cargo industry veteran named new head of sales
  • Canada to invest in new rail signalling system
  • Vanguard Logistics Services stakes claim in Egypt
  • DWC freight traffic surge continues in Q3
  • DHL selects head of industrial projects for Europe

IHS Maritimeweb site
NOVEMBER 5, 2014
  • ECSA launches shipowner sulphur survey
    European shipowners' body ECSA is to survey shipowners to gauge the economic impact of the 0.1% marine fuel sulphur cap, due in force in north European sulphur-emission control areas on January 1. ECSA is seeking responses by 30 November for its questionnaire, which will be followed by further
  • Maritime traffic shuns Benghazi port
    Commercial traffic has not berthed at Benghazi, Libya's main commercial port, since 21 October, according to IHS Maritime's Seaweb database. IHS data also suggests that most recent calls have only got as far as the anchorage, without entering the port. Earlier this week, the BBC reported that
  • Mann Lines, Stena sign ro-ro partnership
    UK ro-ro carrier and logistics service provider Mann Lines is expanding its capacity and route network through a strategic co-operation with Sweden's Stena Line. Through the partnership with the Nordic ferry operator, Mann will bring in larger, more-efficient tonnage and offer a broader range of
  • APM New Jersey deal falls through
    APM Terminals and a Canadian private equity player have cancelled a public-private partnership deal at Port Elizabeth, New Jersey. APM will retain full ownership of the terminal and not pursue a proposal announced in February to sell a 50% stake, the Netherlands-based terminal operator said on 5
  • Navios launches tanker IPO
    Angeliki Frangou's latest shipping entity, Navios Maritime Midstream Partners, has begun the roadshow for its initial public offering (IPO) and NYSE listing. The partnership, which will trade under the ticker symbol 'NAP', is selling 8.1M common units at a target price of $19-21/unit. An additional
  • Fuel-economy gap feeds box ship glut
    A gulf in efficiency between very large container ships and smaller ones is extending an oversupply of container ships, say analysts at DNB Markets in Oslo. An 18,000teu vessel, for example, consumes a third less fuel per teu mile than a 6,200teu ship, according to the analysts. Coupled with
  • Shipping lines adopting 'Ebola clauses'
    'Ebola clauses' are becoming common in shipping contracts as the maritime industry moves to contain its risks from the current outbreak of the disease. Shipping lines and traders are modifying contracts to protect themselves if ships cannot land or load goods at ports, said Khalid Hashim, managing
  • Costa Concordia wreck reveals final body
    Ship Recycling, the consortium dismantling the Costa Concordia, believes it has found the remains of the last unaccounted victim of the capsizing of the cruise ship. A consortium spokeswoman said a body discovered in a cabin on the vessel's number eight deck yesterday was highly likely to be that
  • Singapore port chief stresses safety
    Maritime and Port Authority of Singapore (MPA) chief executive Andrew Tan told a maritime safety forum in the city today that Singapore aims to further reduce its accident rate. After 13 major incidents in 2011, Singapore's waters have registered eight in 2012, six in 2013, and four so far this
  • Efthimios Mitropoulos wins CSR award
    IMO secretary-general emeritus Efthimios Mitropoulos was presented with a corporate social responsibility (CSR) leadership award at Capital Link's Shipping & Offshore CSR Forum in London on 4 November. Mitropoulos - now chairman of the 'Maria Tsakos' Foundation - told attendees at the fourth
  • DSME stays relatively stable among peers
    South Korea's third-biggest shipbuilder Daewoo Shipbuilding and Marine Engineering's (DSME's) 2014 earnings are the most stable among compatriot rivals such as Hyundai HI and Samsung HI amid a sluggish industry, said analysts in a research note. DSME's 3Q14 net profit dived 61.3% year on year to
  • Pan Ocean continues recovery with 3Q14 profit
    South Korean bulker operator Pan Ocean continues to recover from its financial woes, posting a KRW196.2Bn ($191M) profit for 3Q14. The result contrasted with a KRW594.9Bn loss for 3Q13. Pan Ocean, once a subsidiary of STX Corporation, went into receivership in June 2013 after its debt exceeded
  • Sembcorp Marine ahead of Keppel in order wins
    Singapore-based rig builder Sembcorp Marine's clinching of a rig order from a Bank of Tokyo-Mitsubishi UFJ has put it ahead of its bigger compatriot rival Keppel Corporation in order wins year-to-date. The $240M rig order from BOT Lease has placed the value of Sembcorp Marine's year-to-date
  • Better charter market in 2015 predicts Rickmers chief
    Rickmers Maritime Trust (RMT) CEO Thomas Preben Hansen believes that charter rates for modern Panamax container ships would recover in 2015. Speaking to IHS Maritime in a conference call after announcing the Singapore-listed trust's 3Q14 results, Hansen said the charter market for modern Panamax

Marine Logweb site
NOVEMBER 5, 2014
  • Cummins launches QSK50 optimized for VSDE applications
  • Kinder Morgan buys two Crowley Jones Act tankers
  • November 05, 2014 Newport News undocks USS Abraham Lincoln (CVN 72)
  • Howard Fireman awarded David W. Taylor Medal
  • Sinopacific shipyard completes Deep Sea Supply PSV series
  • Nerbovik now Aker Philly President and CEO
  • MAN engines in Petrofacs newbuild to be SCR equipped
  • Navy awards Willard Marine a five-year contract for RIBs
  • Viking Ocean opts for Thordon propeller shaft bearings

World Wide Shipperweb site
NOVEMBER 5, 2014
  • Pacific Maritime Association blames ILWU for work slowdowns at Pacific Northwest ports
  • Swire Shipping adding Everett call to West Coast North America service
  • Port of Kalama celebrates opening of Transportation Interpretive Center
  • Bellingam Port Commissioners Ok Northwest Marine Industries lease deal
  • New study shows economic impact created by Port of Seattle operations

Lloyd's Listweb site
NOVEMBER 5, 2014
  • Navios chief cites risk aversion as spur for expanding from bulker to other sectors
    Acquisitions of tankers and containerships reduce risks involved in different freight markets, says Shunji Sasada
  • Dry bulk tonnage to outstrip demand for next two years
    Orderbook for 2013 is second-highest ever
  • Seaborne Silk Road leads to the Chinese dream
    Beijing reinforces view of shipping as national strategy but avoids protectionist rhetoric at World Shipping Summit
  • APMT and Brookfield's New Jersey venture collapses
    Dutch-based operator retains full ownership after it is unable to reach a 'commercially viable solution'
  • TEN unveils deal for up to two new shuttle tankers
    One firm and one option DP2 suezmax will go on long term charter to oil company
  • Container alliances may not last, warns Alphaliner
    Situation looks much like 1980s, argues Tan
  • DFDS Seaways secures future for Rosyth-Zeebrugge route
    MoU agreed to save service threatened by Europe's new low-sulphur directive
  • Crude fireworks this November 5
    Some markets are catching fire
  • Indonesia's Pelindo III reports 27% jump in profits
    Surge in box exports puts port operator on track to record fourth consecutive rise in annual profits
  • VLCC rates expected to go steady and sideways over next few days
    Owners still able to pull in earnings of $47,000 per day for Middle East to Asia voyages
  • Textainer sees profit improvement
    Container lessor says fleet expansion and improved utilisation led to profit rise but warns of rate pressure
  • Economy 'not to blame for shipping downturn'
    World trade has grown consistently since 2008, DVB banker tells Informa's Ship Finance & Investment conference
  • Bourbon hit by lower oil price
    Supply and demand for oil and gas will require recovery in future investment levels
  • IM Skaugen loses $4.5m as costs bite as it repositions fleet and identity
    Key drivers are continuing rise in LPG exports out of the US as well as long-haul export of petrochemicals from Europe to Asia
  • Exports surge at Port Hedland but steady at Dampier
    Record October throughput at Port Hedland
  • Jinhui forecasts $19m loss for first nine months
    Hong Kong-based company says revenue is pinched by the non-recovery in dry bulk market
  • Pan Ocean posts $191m net profit for third quarter
    Bidders for bulk specialist said to include KKR and Deutsche Bank

The Journal of Commerceweb site
NOVEMBER 5, 2014
  • Seven container ships anchored off LA-LB
    Seven container ships on average have been anchored in the waters off the ports of Los Angeles and Long Beach since Oct. 27, as the congestion crisis at the largest port complex in the Americas continues. Seven container ships were anchored in San Pedro Bay this morning, the same as yesterday...
  • Deutsche Bahn drivers stage 100-hour strike, disrupting cargo
    Rail freight transport has ground to a halt throughout Germany as locomotive drivers stage a four-day strike against Deutsche Bahn, the state-owned railroad company. The militant GDL union called the strike, which will hit passenger trains tomorrow, after talks over wages and working hours broke down Monday. The strike will have a...
  • ILWU, PMA urged to revamp collective bargaining model
    The Port of Portland is issuing a challenge to the International Longshore and Warehouse Union and the Pacific Maritime Association: Revamp the collective bargaining model that has been in existence at West Coast ports for the past 80 years because it isn't working. "Is the current collective bargaining relationship between the...
  • Chinese regulators to closely monitor 2M after January launch
    The 2M vessel-sharing agreement between Maersk Line and Mediterranean Shipping Co. will face additional scrutiny in China if the two carriers don't reduce their combined market share on Chinese trade routes to 30 percent. Although Maersk Line says the 2M doesn't require approval like the P3 Network did, Beijing regulators will...
  • FedEx Freight CEO Bill Logue to retire Dec. 31
    William J. Logue, a veteran FedEx executive who rebuilt the company's industrial trucking business following the 2007-2009 recession, will retire Dec. 31, FedEx said today. Logue, who became president of FedEx Freight in December 2009 and CEO the following year, is leaving the less-than-truckload carrier because of health concerns, the company...
  • Southern Indian container terminal to open in 2016
    A container terminal on the Bay of Bengal will add 1.4 million TEUs of capacity to India's eastern coast when it opens in March 2016. The completion of the 80-acre,1,207 crore ($207 million) Ennore Container Terminal will give the port its first container terminal, said developer Adani Ports, according to Marine...
  • Long Beach says its truck turn times are faster than Los Angeles
    The port of Long Beach said its truck turn times have been better than those at Los Angeles for at least four months. Compared with truck turn times at the port of Los Angeles, the port of Long Beach averaged shorter truck turn times each month from June through September. Full-size chart While...
  • US Customs firms up trade facilitation leadership team
    U.S. Customs and Border Protection Gil Kerlikowske is sticking to his pledge to solidify his team and focus on improving cargo facilitation. Kevin McAleenan was promoted to permanent deputy commissioner this week, having served in an "acting" capacity since March 30, 2013. McAleenan joined Customs in 2008 and has worked for...
  • Republican victory in US Congress puts pressure on truck regulators
    WASHINGTON - The Republican takeover of the Senate could spell a hard stop for federal regulators defending existing trucking rules and pushing for stricter safety measures. But carriers and shippers should still expect tough battles over rule-makings and regulations ahead. Although the general public is more likely to focus on how...
  • Trans-Pacific spot rates fall ahead of Nov. 15 GRI
    Spot rates from Hong Kong to Los Angeles lost ground this week, but carriers on the trans-Pacific hope a Nov. 15 general rate increase will buoy the price per container once again. Drewry's benchmark spot rate from Hong Kong to Los Angeles dropped $100 per container to $1,875 per 40-foot container...
  • Enough Is Enough
    Once again, shippers and all they represent - things such as jobs, sales, customers, exports - have been relegated to the cheap seats while the melodrama of U.S. West Coast longshore negotiations plays itself out in all-too-familiar fashion. After months of civil, low-decibel dialogue that spared peak-season disruptions but was hardly...
  • Groundbreaking drayage reform taking shape at Port Metro Vancouver
    Port Metro Vancouver said it's on track to deliver on far-reaching reforms that ended a trucker strike that crippled Canada's largest port for a month in March. Actions taken by terminals in at Port Metro Vancouver to alleviate pressure on truckers following a monthlong trucker strike in March are reducing turn...
  • APMT: Port authority's conditions scuttled NJ terminal joint venture
    APM Terminals dropped its plans for a 50-50 joint venture for its Elizabeth, New Jersey, container terminal after the port authority set unacceptable conditions for the deal, said Eric Sisco, president of APM Terminals North America. As landlord for the terminal, the Port Authority of New York and New Jersey has...
  • Rotterdam's 'congestion' terminal breaks port's handling record
    The terminal at the center of the congestion crisis in Rotterdam over the summer has just set a new port record for the number of containers loaded on and off a ship at Europe's largest container hub. ECT's Delta terminal handled 10,577 containers - 5,341 loaded and 5,216 unloaded -during the...

TradeWindsweb site
NOVEMBER 5, 2014
  • Crowley offloads US tankers
    Crowley Maritime (Crowley) has parted ways with a pair of its Jones Act product tankers in a transaction worth nearly $300m.
  • AKPS ends hunt for $100m
    Aker Philadelphia Shipyard has abandoned a campaign aimed at identifying new sources of debt financing.
  • Navigator faces downgrade
    A leading equity analyst has downgraded shares of Navigator Holdings, the LPG carrier operator backed by private equity legend Wilbur Ross.
  • TEN in shuttle tanker deal
    Tsakos Energy Navigation has expanded its shuttle tanker business with an order for a DP2 suezmax against a fresh period contract.
  • Shandong taps US market
    China's Shandong Shipping has generated big demand for its first ever US dollar bond.
  • GMS blasts EU plans
    Cash buyer Global Marketing Systems (GMS) has challenged the European Commission's intention to ban ship demolition on beaches and has asked officials to check for themselves the condition of Indian shipyards.
  • Nobu Su loses court case
    Greek shipowner Polys Haji-Ioannou has won a claim of almost $38m against Today Makes Tomorrow (TMT) chairman Nobu Su in the UK High Court.
  • PDZ branches out
    Malaysian boxship owner PDZ Holdings has finally succeeded in diversifying with a $205m investment in Kazakhstan's gas industry.
  • SMM Q3 profit inches up
    Singapore's Sembcorp Marine has seen its third quarter profit grow on the back of higher revenue.
  • Sinotrans turns banker
    Hong Kong bulker owner Sinotrans Shipping has continued its move into financing in a deal with Bank of America (BoA).
  • Packed ferries replaced
    Japan's K Line has deployed three newly-built vessels to "relieve" an overcrowded route in Myanmar.
  • Pan Ocean profit grows
    Restructured Korean shipowner Pan Ocean has posted another strong quarterly profit ahead of an auction for its shares.
  • Navigator still set on VLECs
    Wilbur Ross-backed Navigator Holdings is still hopeful of entering the very large ethane carrier (VLEC) market despite its debut in the fledgling sector taking longer than anticipated.
  • One step closer
    Compania Sudamericana de Vapores (CSAV) and Hapag-Lloyd are very close to seeing their merger plans materialising after Brazilian authorities gave the green light.
  • Baja Ferries still keen
    Mexico's Baja Ferries remains interested in acquiring ro-paxes and routes from French owner SNCM, which filed for bankruptcy protection on Tuesday.
  • Bourbon's revenue grows
    France's Bourbon has seen its revenue grow during the third quarter thanks to its expanding fleet and higher average daily rates.
  • New Talent for China VLCC
    Newly created joint venture China VLCC has snapped up a modern tanker operated by Nanjing Tanker.
  • Ma can't see recovery
    Cosco's chairman has played down talks of a global shipping market recovery within the next two years as the supply-demand imbalance seems unlikely to improve.
  • Nerbovik takes over
    Aker Philadelphia Shipyard (AKPS) has a new president and CEO from today as Kristian Rokke takes the chairman's seat.
  • Oil price fall aiding AP Moller
    A declining oil price could see AP Moller-Maersk pass full-year profit expectations, DNB Markets says.
  • GE confirms MR deal
    Great Eastern Shipping has confirmed the acquisition of a medium range (MR) tanker.
  • Cosette to be scuttled
    A deteriorating ro-ro involved in a false certification case is to be sunk off Martinique.
  • DFDS commits to Rosyth
    DFDS Seaways has signed a deal with the Scottish government and Forth Ports to keep operating the country's only freight service to mainland Europe.
  • Chinese bulker arrested
    Singapore's admiralty sheriff has detained a Chinese-owned handysize bulker, according to court documents seen by TradeWinds.
  • PACD plans buyback
    Pacific Drilling has unveiled plans to buy back up to 8m of its own shares which are down over 40% since the start of the year.
  • Hyundai woes not over
    Hyundai Heavy Industries has come in for harsh criticism over its poor financial performance from a top US investment bank.
  • Hedland sets new record
    Port Hedland has reported another record breaking month for iron ore exports, figures released by the port authority show.

American Shipperweb site
NOVEMBER 5, 2014
  • FedEx Freight CEO to retire
  • Washington Notebook: Election shakes up T&I Committee
  • Deal between APM Terminals and Brookfield falls through
  • Military loads vessel at JaxPort for Ebola mission
  • Vanguard expands into Egypt
  • DOT approves CSX's Virginia Ave. tunnel project
  • Drewry and CargoSmart extend partnership
  • Executive moves

The Bunker Bulletinweb site
NOVEMBER 5, 2014
  • Crude rises as US supplies experience little gain
    US stockpiles rose 460,000 barrels to 380.2 million last week.
  • Vessel with scrubber came close to detention
    PSC officer did not know scrubbers are allowed as alternative to low sulphur fuel for ECA compliance.
  • IBIA's new charter aimed at raising standards
    Port Charter to encourage growth of bunker licensing schemes.
  • Trade in OW Bunker shares suspended
    Stock suspended pending company announcement.
  • Maersk in line for profit upgrade
    Analyst points to lower fuel bill as profit booster.
  • Ship arrest in Singapore
    Bulker operated by Chinese interests.
  • Global Vision adds to bunker team
    New hire for Singapore office.
  • European refiners ready to meet ECA demand
    But global 0.50% sulphur cap would require further investments to meet increased distillate demand.
  • Malta joint venture to start trading activities next year
    JV to eventually conduct oil blending and bunkering activities.
  • Softer bunker earnings bite into JKH profits
    Quarterly bunker earnings fell despite maintaining market share.
  • DNV GL recommends 'LNG ready' design for newbuilds
    Society aiming for 91% of newbuilds not built to handle LNG.
  • South Korean port mulls LNG bunkering station
    To meet anticipated increase in demand for the gas as a bunker fuel.
  • South China fuel oil imports up in October
    Fuel oil imports from bonded bunker traders marginally up.

›››File
FROM THE HOME PAGE
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.
PORTS
At the port of Marseille-Fos, general cargo traffic is increasing while bulk cargo is decreasing.
Marseille
In the first half of 2026, cruise passengers increased by +5%
SHIPPING
The Swedish government is calling for the EU maritime ETS to be extended to more vessels.
Stockholm
Stockholm stresses the need for the ETS to remain a pillar of EU climate policy
PORTS
Assiterminal will bring the issues of concession fees, investments and intermodality to the attention of politicians.
Genoa
Proposal to grant a concession fee discount to terminals that increase rail traffic
PIRACY
Pirate attacks on ships continue to decline
London
In the first half of this year, 38 accidents occurred compared to 90 in the first six months of 2025.
SEAFARERS
There are still six thousand sailors trapped in the Strait of Hormuz region
London
Dominguez (IMO): I remain confident that the evacuation plan can be resumed
SHIPPING
A study highlights the significant costs and counterproductive effects of the application of the EU ETS to maritime connections with western Sicily
Palermo
For the Naples-Palermo and Genoa-Palermo routes the annual cost varies between 2.9 million and 19.9 million euros.
SHIPYARDS
Fincantieri to build third ultra-luxury cruise ship for Four Seasons Yachts
Trieste
The unit will be built in the Ancona plant and will be delivered in 2031
RAILWAY TRANSPORT
Fermerci urges the search for resources to support rail freight transport.
Rome
Paper: from the remodulation of the PNRR we expect that resources will finally be allocated to compensate for the damages that operators are suffering
ACCIDENTS
Another tanker hit by a drone in the Strait of Hormuz
Southampton
The device caused limited structural damage
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
INDUSTRY
ZPMC Delivers New Ultra-High Wind-Resistant Port Cranes
Shanghai
The world's tallest rail-mounted reach stackers for empty containers have also been built.
MARITIME SERVICES
Peninsula and Itochu form joint venture to supply ammonia bunkering to European ports
Gibraltar
The initiative in response to the growing demand for zero-carbon fuels
INDUSTRY
Konecranes announced its entry into Japan
Helsinki/Tokyo
Acquisition of 70% of Mitsubishi Electric FA Industrial Products
OFFSHORE
Saipem wins $2 billion contract in Indonesia
Milan
INSTITUTIONS
Seven IMO regional coordinators have been introduced who will provide technical support to the organisation's Member States.
London
SHIPPING
Jadrolinija has inaugurated its new fast maritime service Ancona-Zadar
Ancona/Zara
It provides five departures per week and a crossing of approximately four hours.
SHIPPING
Hapag-Lloyd to reorganize services in the Adriatic
Hamburg
The port of Ancona, removed from the ADX line, will continue to be served by the IAS service
PORTS
Eleven nominations for the eighteenth edition of the ESPO Award
Brussels
This year's theme is dual-use port-city projects
INDUSTRY
Jotun COSCO Marine Coatings signs agreement with COSCO Shipping Bulk for 125 new vessels
Sandefjord
Advanced hull performance solutions will be implemented
INDUSTRY
Maersk issues first order for new containers produced in India
Copenhagen
Local production has been stimulated by the introduction of incentives
PORTS
Last May, freight traffic in the port of Ravenna grew by +3.4%
Ravenna
An increase of +10.6% is expected in June
PORTS
Sardinia's Port Authority spent approximately €157 million in PNRR funds
Cagliari
Achievement of the targets expected by June 30, 2026
INTERMODAL TRANSPORT
Hannibal will inaugurate a new intermodal service from Melzo to Rotterdam Europoort on July 8th.
Melzo
Six weekly trains are scheduled that will be able to carry up to 38 cargo units
PORTS
PSA to build and operate container terminal at Vietnam's Lach Huyen port
Singapore
Agreement with Lach Huyen International Logistics & Industrial Park
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