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Independent journal on economy and transport policy
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BRIEFS
February 21, 2014
Sched Netweb site
  • Ever-independent Evergreen joins CKYH to form new 'CKYHE' Alliance
  • Panama consortium resumes work on canal for US$36.8 million to pay bills
  • Long Beach January box volume declines 1.4pc while LA's rises 2.5pc
  • Clarkson: Global box trade to grow 6pc in 2014 with north-south leading
  • Cosco and China Shipping to cooperate over a wide range of activities
  • Truckers urge Obama to go slowdown on drastic truck fuel emissions rules
  • Gold Star Line to add a China-SE Asia/Indian subcontinent service
  • Boxship capacity growth to be offset by scrapping, delivery delays
  • Inner Mongolia Autonomous Region joins China's multi-port provinces
  • Eastern China's river port of Bengbu's phase 2 soon to be operational
  • Hanjin Shipping to scrap thirteen 5,300-4,000 TEUers on Indian beaches
  • Flood of panamax containerships head for the India's breaker beaches
  • Singapore's Mapletree mulls US$98.8 million Wuhan logistics investment
  • Singapore meeting to discuss costly UN ballast water regulatory proposals
  • Hong Kong Airlines to fly weekly to Ho Chi Minh City from March 17
  • Ruslan International airlifts mega rotor from Kuwait to Singapore
  • Six kilos of ephedrine stashed in bicycle seats from China seized in Sydney

Exim Indiaweb site
FEBRUARY 20, 2014
  • CKYHE Alliance to be established: Evergreen to join existing partners
  • G6 Alliance announces port rotations for proposed Asia-North America West Coast & Trans-Atlantic services
  • Indev Logistics awarded by V.O.C. Port for being best CHA, highest box traffic performance
  • Loss of box cargo in accidents seen mainly caused by poor packing & securing
  • NOL's 2013 financial performance up 82 pc
  • GM India to increase car exports later this year
  • PSA emerges top bidder for JN Port's fourth container terminal
  • FM hints at major tax reforms to make exports competitive
  • INR turns weak against US currency
  • Veg. oil imports dip 22 pc in Jan.
  • Narottam Morarjee Institute of Shipping confers Honorary Fellowships, Lifetime Achievement Awards at convocation

International Transport Journalweb site
  • Bertschi and LKW Walter launch new blocktrain
  • Altius with a change at the helm
  • Ceva Logistics expanding in Panama City
  • Ports of Auckland half-year profit up 70%
  • Rail tank car industry calls for safety measures
  • Asiana stops almost 19-year-old service
  • Hansa Heavy Lift opens office in Brazil
  • Airbus D&S selects exclusive contract logistics provider in...
  • MTL extends service to North Range
  • DB Schenker integrates Morocco into network
  • Ethiopian splits operation to Pointe-Noire and Libreville
  • Another location in Germany
  • Momentum Transportation USA acquires JIX International
  • Update on the "Svendborg Maersk"
  • Hino Trucks delivers 10,000th vehicle to Penske
  • Boeing delivers C-17 to Kuwait
  • Neue Terminals in Afrika - Die Menge machts
  • DPD Germany under new guidance

Marine Logweb site
FEBRUARY 20, 2014
  • LNG fueled escort tug bunkers in Zeebrugge
  • USCG plans changes to casualty reporting requirements
  • Giant gantry crane arrives at Vancouver Shipyards
  • Panama Canal expansion work resumes
  • Cummins names Jim Schacht GM Commercial Marine
  • BAE gets $15.2 million more for Virginia propulsors
  • HOS earnings disappoint analysts
  • Two security guards found dead on Maersk Alabama

World Wide Shipperweb site
FEBRUARY 20, 2014
  • New deal should bring restart to Panama Canal expansion work
  • Port of Douglas County hires economic development boss
  • Container count given for Maersk box ship mishap
  • Frontier Airlines plans flights from St. Louis to Portland
  • Washington sets new record for export count during 2013

Lloyd's Listweb site
FEBRUARY 20, 2014
  • Teekay asset sales boost daughter firms' fourth-quarter earnings
    Corporate parent shifts assets to its subsidiaries
  • Alexandratos elected to chair Hellenic Hull Mutual
    Young owner will lead 20-year-old association recovering from Cypriot setback
  • Fredriksen sells stake in Tui
    Second-largest shareholder in in Hapag-Lloyd parent earns $714m from disposal
  • StealthGas eyes new growth
    Vafias-led LPG owner notes increasing demand despite fourth-quarter profit dip
  • Scorpio Tankers confirms sale of product tanker STI Spirit
    Vessel confirmed sold for $30.2m
  • Seanergy posts a profit for third quarter
    Free to read: Owner throws off 'unsustainable' debt burden
  • Concordia Maritime posts a smaller loss
    Stena product tanker subsidiary pins its hopes on a product tanker upswing this year
  • Evergreen formally joins CKYH on Asia-Europe trades
    Carriers have completed EU self-assessment and are eyeing additional trades
  • Teekay LNG Partners increases its income
    Free to read: Long-term contracts insulate firm from declining spot rates, says Evensen
  • LNG-powered ship refuels from a truck
    Zeebrugge claims a first and bunker firm chief says such operations will become routine
  • US gas shippers told safe self-regulation is the key to profits
    Panellists at Namepa annual conference hail environmental and economic benefits of LNG
  • Payment worries dent Iranian cargoes' appeal to tanker owners
    Shipping lines hold back despite six-month relaxation of sanctions
  • Hanjin Shipping rolls over $168m bonds
    Cash-strapped carrier extends repayment period by two years
  • Neptune Lines increases capacity after a record year
    Mediterranean car carrier operator expands as demand grows
  • Creditors consider $1.7bn in new aid for STX Offshore & Shipbuilding
    Troubled yard faces continued liquidity crisis
  • Bumi Armada reports 12% rise in full-year profits
    But fourth-quarter profits decline despite 17% rise in revenues
  • Sesoda Steamship books six handysize bulkers in Japan
    Taiwanese owner will spend up to $154m on expanding its fleet
  • NOL narrows yearly losses to $76m
    But a tough fourth-quarter rates environment erodes some gains
  • Japan's yards start the year with 26 overseas orders
    New contracts including 15 bulkers point to recovery for the country's builders
  • Pan Ocean posts a $1.8bn loss
    Sales nosedive as fleet is scaled down and cargo volume shrinks
  • G6 reveals changes to port rotations to support its expansion plans
    Alliance plans new services on transatlantic and Asia-US west coast trade lanes
  • Panama Canal contractors go back to work on third set of locks
    But negotiations continue over $1.6bn of project cost overruns
  • Maersk confirms two private security workers' deaths on Maersk Alabama
    Carrier and Trident Group say incident on Captain Phillips ship unrelated to operations
  • G6 Alliance responds to FMC
    Washington has 45 days to review expansion plans

Fairplayweb site
FEBRUARY 20, 2014
  • APMT sells half its stake in Port Elizabeth
    Canadian private equity player Brookfield Asset Management has bought 50% of APM Terminals' (APMT) container operation in Port Elizabeth, New Jersey
  • Mystery surrounds Maersk Alabama deaths
    Two security guards were found dead onboard the Maersk Alabama while at berth in Port Victoria, Seychelles, Maersk Line Limited (MLL) has confirmed
  • NY terminal disruptions could delay cargo
    Containers shipped to the US since the Chinese New Year holiday are at risk if steps are not taken to alleviate congestion at New York box terminals, a US retailer group has warned
  • Teekay's tanker outlook improves
    Parent Teekay Corp and daughter Teekay Tankers have reported strong quarterly results, buoyed by recovering rates

The Journal of Commerceweb site
FEBRUARY 20, 2014
  • Shipping Perishables Coast-to-Coast: Are You Following Best Practices?
    According to ChainLink Research, spoilage and waste in the food supply chain account for a loss of 23 to 25 percent of produce post-harvest. Avoiding such costly waste in the coast-to-coast shipping of perishables requires that the cold chain be kept intact and best practices be observed to keep products...
  • G6 Unveils Port Rotations for Asia-North American West Coast, Trans-Atlantic Services
    The six members of the G6 - Hapag-Lloyd, NYK Line, OOCL, Hyundai Merchant Marine, APL and Mitsui O.S.K. Lines - today released details on the port rotations of its proposed service expansion to its Asia-west coast of North America and trans-Atlantic trade lanes, which were unveiled in December 2013. The 17...
  • Executive Order Shines Spotlight on US Trade Automation
    WASHINGTON - U.S. Customs and Border Protection said President Obama's signing of an executive order to streamline cargo processes creates a roadmap for completion, puts a spotlight on the importance of trade and raises awareness of the need for other federal agencies to help speed up freight clearance. Aboard Air Force...
  • Evergreen Joins CKYH Alliance
    Evergreen Line and the four members of the CKYH Alliance have agreed in principle to form a new alliance that will share ships on trades between Asia and North Europe and the Mediterranean. The CKYHE alliance will comprise Cosco, "K" Line, Yang Ming, Hanjin and Evergeen. It plans to begin operations...
  • Spot Market Truck Rates Riding High on Storm Front
    Despite a drop in spot market load volume, continuing winter storms kept the national average dry van spot truckload rate at $1.97 per mile for the week ending Feb. 15, a rate 21 cents higher than a year ago, according to DAT Trendlines. "Challenging weather and traffic conditions in much of...
  • Market Share Shifts From US West Coast to East Expected to Be 'Slow and Small'
    U.S. West Coast ports will lose some container volume to East and Gulf Coast ports once the Panama Canal is enlarged, but there is no need to panic as long as they remain reliable and efficient gateways for U.S. trade with Asia, Tioga Group principal Dan Smith said yesterday. Any loss...
  • NOL's Loss Climbs on Overcapacity and Lower Rates
    NOL Group posted a fourth quarter loss of $137 million, which was $46 million bigger than the $91 million loss in the same period last year, as revenue from its container shipping business was hit by overcapacity and falling freight rates. The Singapore-based shipping and logistics group reported a full-year loss...
  • Container Traffic Flat at LA-LB, But Strong Growth at Savannah, Charleston
    Container ship entering the Port of Savannah.The Los Angeles-Long Beach port complex got off to a "flat" start in 2014, in contrast with the "strong" numbers posted by the ports of Savannah and Charleston in January. Ports of Los Angeles and Long Beach The Los Angeles-Long Beach port complex's total container volume...
  • APM Terminals in Joint Venture for NY-NJ Port Terminal
    APM Terminals has formed a 50-50 joint venture with infrastructure investor Brookfield Asset Management for ownership of APMT's Port Elizabeth, N.J., container terminal at the Port of New York and New Jersey. The joint venture is subject to approval by the Port Authority of New York and New Jersey, which leases...
  • GLP Raises Brazilian Logistics Fund to $1.1 Billion
    Fresh from a major investment in China, Global Logistics Properties is adding $230 million to a Brazilian investment fund. The fund now has $1.1 billion in capital. GLP Brazil Development Partners I was formed in November 2012 to acquire a portfolio of six development projects in Brazil, Singapore-based GLP said. The additional...
  • STB Raises Concerns With 'Deterioration' of BNSF Service
    WASHINGTON - The U.S. Surface Transportation Board told BNSF Railway that it's increasingly concerned about the "deterioration in service" shippers have experienced on the Class I railroad's network. The rail regulatory agency said it has heard concerns about delayed cars, a lack of sufficient locomotive power, decreased train speeds and longer...
  • Panama Canal Settlement Leaves Technical Problems Unresolved
    The settlement of the dispute over cost overruns between the Panama Canal Authority and the engineering consortium building its new set of larger locks leaves unanswered the questions of when the $5.25 billion expansion project will be completed and how much more it will cost in the end. Lingering technical problems...
  • European Exports to Middle East, Indian Subcontinent Decline
    In 2013, container shipments from Europe to the Middle East and the Indian subcontinent declined 3 percent year-over-year to 3.0 million TEUs, while shipments in the opposite direction - from the Middle East and the Indian subcontinent to Europe - rose 6 percent to 2.2 million TEUs, according to data from Container...
  • More than 7,200 UPS Drivers Have Steered Clear of Accidents for a Quarter Century
    UPS (NYSE: UPS) today announced the induction of 1,519 drivers into its elite "Circle of Honor," raising to 7,221 the number of drivers who have avoided accidents for 25 years or more. The number of new inductees is the largest for any single year in the company's history and includes 42...
  • GENCO Promotes Two Key Members of Leadership Team to New Positions
    PITTSBURGH, Pa. - February 19, 2014 - GENCO, the leader in delivering product lifecycle logistics® solutions, announced today two leadership promotions. Tom Perry has been promoted to chief technology officer and Mike Simpson has been promoted to president of GENCO's Retail Logistics (GRL) business unit. As chief technology officer, Perry will lead GENCO's IT organization and newly established R&D/Robotics team....
  • CEVA announces expanded market presence in Panama City, Panama
    Panama City, Panama, 19 February, 2014 - CEVA Logistics, one of the world's leading supply chain management companies, today announced that it is expanding its Panama City operation to one of the newest, largest logistic parks in Panama this month. The new warehouse has 4,400 sq m of space with capacity...
  • Airbus Defence and Space selects Kuehne + Nagel as exclusive contract logistics provider in Poland
    Poznan / Poland, February 19, 2014 - The new four-year contract strengthens Kuehne + Nagel's global partnership with the Airbus Group and marks a further strategic step into the Polish aerospace and aviation logistics market. In the scope of the contract Kuehne + Nagel manages a warehouse, storing components and spare...
  • Wallenius Wilhelmsen Logistics earns recognition as a John Deere "Partner-level Supplier"
    February 19, 2014 / Woodcliff Lake, New Jersey - Wallenius Wilhelmsen Logistics (WWL) has earned recognition as a Partner-level supplier for 2013 in the John Deere Achieving Excellence Program. The Partner-level status is Deere & Company's highest supplier rating. The Norway-based company was selected for the honor in recognition of its dedication...

TradeWindsweb site
FEBRUARY 20, 2014
  • ESEA stuns Street
    Euroseas turned in a staggering fourth-quarter deficit Thursday but the red ink does not appear to have derailed the Greek bulker and containership owner's fleet expansion campaign.
  • DLNG toasts success
    Greece's Dynagas LNG Partners is well positioned to expand its fleet of LNG carriers after turning in a fourth-quarter profit, management told investors Thursday.
  • Period deals pay
    Alpha Tankers & Freighters of Greece appears to have lined up a lucrative fixture for one of its capesize bulkers.
  • HHL sails to Sao Paulo
    Hansa Heavy Lift has opened an office in Brazil under a broader bid to expand its global footprint.
  • The ides of March
    An article published by the New York Post is fuelling growing speculation that Genco Shipping & Trading (Genco) plans to file for bankruptcy in the US.
  • TIL tied to aframax
    Teekay is being strongly linked with the purchase of an aframax tanker which attracted a clamour of interest after a Mitsui OSK Lines (MOL) subsidiary hoisted a for sale sign on its deck.
  • Boskalis bags Baltic Ace job
    Royal Boskalis Westminster has claimed the contract to salvage the Ray Carriers vessel Baltic Ace from the North Sea.
  • Scorpio sheds a third
    Scorpio Tankers has continued to offload its older vessels with the sale of a long-range-two (LR2) tanker.
  • TGP sees strong finish
    Teekay LNG Partners (TGP) reported a strong showing in the final quarter of last year as it emerged unscathed from the recent decline in LNG spot rates thanks to its fleet being tied up on long-term deals.
  • StealthGas just short
    StealthGas has reported a fourth quarter profit which came in two cents short of what the market had hoped for.
  • Concordia ends on a low
    Concordia Maritime's new CEO was disappointed with the company's finish to 2013 but is bullish about its prospects.
  • Teekay tops bets
    Teekay Corp today surprised Wall Street with a return to adjusted profitability in the fourth quarter.
  • Spot boost for TNK
    US-listed Teekay Tankers has returned to profit in the fourth quarter thanks to better aframax and suezmax spot rates.
  • Seanergy in the black
    Greek bulker owner Seanergy has posted a profit in its delayed third quarter report.
  • Nobu Su faces $46m claim
    A claim of approaching $46m is being made against Nobu Su and his troubled Today Makes Tomorrow (TMT) group by a company linked to Polys Haji-Ioannou's shipping empire.
  • Boxes getting better
    Taiwan's Yang Ming is expecting gradual improvements in container shipping throughout 2014.
  • Fredriksen in TUI sale
    John Fredriksen has collected over EUR 500m from the sale of much of his investment in German travel group TUI.
  • Samudera to see red
    Indonesia's Samudera Shipping Line has warned investors to expect a loss when it cards its full year financial results next week.
  • Lock deadlock broken?
    Work on the Panama Canal expansion is set to resume following a two week stoppage over a payment dispute.
  • More cash for STX
    Creditors are to provide more cash to troubled STX Offshore & Shipbuilding of Korea.
  • Condor settles strike
    Condor Ferries will be back in action between the Channel Islands and France after a crew called off their strike.
  • Gas boost for yard giants
    LNG newbuilding orders driven by the US shale gas story will roll in at South Korea's main shipyards in 2014, Daishin Securities believes.
  • Tanker on the block
    Gibraltar's admiralty court is selling off a veteran Italian chemical tanker.
  • Siem ends on a high
    Siem Offshore cut its loss in the fourth quarter as revenue grew across its three main vessel segments.
  • NOL ends in the red
    Red ink running to almost $140m in the fourth quarter dragged Neptune Orient Lines to a loss in 2013.
  • Sinokor linked to VLCC
    South Korean owner Sinokor Merchant Marine continues to boost its fleet and is now linked to a second VLCC purchase within three months.
  • HHI raising $465m
    Korea's Hyundai Heavy Industries (HHI) is selling two bond issues worth KRW 500bn ($465m).
  • Spur for Sinotrans
    Expectations of improved earnings, timely fleet growth and an undervalued stock have led Barclays Capital to upgrade Sinotrans Shipping.
  • CKYH adds E
    The CKYH group of Asian container lines has brought in Evergreen as a fifth member to boost efficiency.
  • Pan Ocean reveals huge loss
    Restructured Korean bulker owner Pan Ocean has announced a loss of $1.76bn for 2013 after scaling down its fleet.
  • Subsea 7's charter double
    Oslo-listed Subsea 7 has won more offshore work for Petrobras in tandem with Sealion Shipping.
  • Japan rides dry demand
    Japanese shipyards have made a strong start to 2014 with orders placed in January more than double those of a year ago.
  • Vroon back at Cosco
    Vroon has confirmed that it is behind the recent order for two livestock carriers at Cosco Guangdong Shipyard.
  • Ezion ends on high
    Ezion Holdings has reported a blockbuster ending to the year with its fourth quarter net profit nearly doubling.
  • HOS doubles earnings
    Hornbeck Offshore Services has seen its fourth quarter net profit almost double compared to a year ago.
  • Let's rock
    The State of New Jersey has chartered a US-flagged tug and barge to aid efforts aimed at replenishing supplies of rock salt that were depleted during a series of brutal winter storms.

American Shipperweb site
FEBRUARY 20, 2014
  • CYKH-Evergreen Alliance announced for Asia-Europe trade
    Cosco, "K" Line, Yang Ming, Hanjin and Evergreen have confirmed that the five parties have agreed in principle to establish a shipping alliance, but only on the trades between Asia and Europe, including the Mediterranean region.
  • New Catapult product aimed at mapping carrier/forwarder RFQ
  • G6 carriers announce rotations for 17 services to North America
    The G6 Alliance today announced the 17 port rotations - 12 for the Asia-North America West Coast trade and five in the transatlantic - that it plans to start operating in April.
  • Panama Canal logjam broken, work to proceed on locks project
    The Panama Canal Authority said late Wednesday that it has reached an agreement with the international consortium building a new set of locks for its expansion project to resume construction Thursday.
  • White House announces push for more fuel-efficient trucks
    President Barack Obama on Tuesday directed the Environmental Protection Agency and the Department of Transportation to establish the next tier of fuel efficiency and carbon emission-reduction standards for trucks within a year.
  • NOL records smaller loss in 2013
    NOL, the parent company of the container liner company APL, said it had a loss of $76 million in 2013, smaller than the $412 million loss it experienced in 2012. Revenue was $8.83 billion in 2013, 7-percent less than in 2012.
  • RILA letter to NY/NJ port highlights retailer concerns on truck congestion
    The letter outlines four initiatives the Port Authority and other stakeholders can pursue to alleviate the backlog and restore productivity to port operations.
  • 2 Americans found dead on Maersk Alabama
  • Hansa Heavy Lift expands in Latin America
  • Executive moves

The Bunker Bulletinweb site
FEBRUARY 20, 2014
  • Prices moving upwards in Middle East hubs
    Tight avails for IFO in South African ports.
  • Bunker operations 'have been filmed' by patrol boats
    'It's an obvious intimidatory tactic,' claims source in Gibraltar.
  • Prices continue firming across Europe
    Avails tight in Piraeus.
  • Hong kong suppliers preparing for 0.05% sulphur rule
    But local legislature still needs to give final approval.
  • 'Operational efficiencies and lower bunker prices' cut losses
    NOL looks to curb bunker spending as fuel-efficient vessels come on stream.
  • Asian market holding steady
    Little change to price levels across region.
  • Bunker company caught up in fuel oil fraud probe
    Head of Greek bunker outfit arrested.
  • Brightoil swings back to profit
    Despite 26% fall in bunker sales volume year-on-year.
  • New dual-fuel engine step closer to market launch
    Engine concept more fuel-efficient than hybrid-electric propulsion, manufacturer claims.

›››File
FROM THE HOME PAGE
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
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