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Independent journal on economy and transport policy
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BRIEFS
July 21, 2014
Sched Netweb site
  • Maersk Line increases Asia-north Europe rate US450/TEU from August 1
  • Port of Rotterdam first half box volume up 1.6pc to 6 million TEU
  • Antwerp first half container volume increases 2.9pc to 4.4 million TEU
  • China, India taste victory in state-owned company dispute with US
  • Labour uncertainty drives up cargo movement through San Pedro ports
  • Evergreen adds third Far East-Middle East loop with Cosco, OOCL
  • Cheng Lie Navigation takes slots on north Asia-southern Vietnam KCV
  • CSX railway quarterly profits up 2pc to US$529 million, sales up 7pc
  • Norfolk Southern train derails in Virginia, no spillage or injuries
  • Labour strife, cost overruns likely to plague Panama Canal: IHS
  • Canadian Pacific challenges arbitrator over cocaine-using engine driver
  • UPS expands into Sao Paulo opening nine new operating facilities
  • Guide driver on mobile phone failed to notice bridge collapse warning
  • Cathay to launch Hong Kong-Calgary B747-8 freighter service
  • AAT gains accreditation as EU Regulated Agent after winning AEO status
  • Embraer sells US$3.2 billion in regional jets to China bank, carrier
  • American Airlines June cargo up 1.2pc to 193.4 million ton miles
  • Despite gloom, ICAO says air cargo trends show steady world growth
  • Qatar Airways signs order for 100 Boeing 777-9Xs with options on 50
  • Architects see Chicago-area proposed third airport as cargo facility

Exim Indiaweb site
JULY 18, 2014
  • Coastal shipping between India & Bangladesh on the cards
  • FEDSAI outlines key issues in communiqué to Shipping Minister
  • Renewed focus on professionalism of watchkeepers
  • Shift towards ordering larger box vessels has altered supply-demand balance, says analyst
  • Tata Steel to cut freight cost by using waterways for transportation
  • Natural rubber imports surge 58 pc in Jan.-June
  • Weak demand causes drop in veg. oil imports
  • JN Port gets Commerce Ministry approval for its multi-product Port-based SEZ
  • Ravi Parmar gets three month extension as Chairman I/C of Kandla Port Trust
  • Air India now a part of coveted Star Alliance
  • Adani Group seeks approval to raise INR 16K cr.
  • CAG emphasises on better DEPB scheme coordination
  • Forex reserves up by $ 643.2 m to $ 317.03 bn
  • Govt clears 19 FDI proposals worth INR 2,327 cr.
  • Import tariff value on gold slashed to $ 425/10 gm
  • INR ends sharply weak at 60.27 on heavy dollar demand
  • L&T Hydrocarbon bags contract worth $ 846 m from Kuwait
  • PPPs must have scope for renegotiation: Govt
  • GCCI organises presentation on Gujarat International Finance Tec-city
  • A heavy lift ship with capacity of 120,000 t
  • Cosco subsidiary boosting heavy lift fleet
  • New WWL project cargo service from Asia to Port of Tyne, UK
  • Popular ship monitoring system ordered for two heavy lift vessels

Marine Logweb site
JULY 18, 2014
  • SCA President to discuss shipbuilding outlook
  • Kirby orders ATBs at Bay Shipbuilding
  • Algoma Central christens second Equinox bulker
  • MOL takes delivery of coal carrier
  • China takes majority stake in Wärtsilä two-stroke business
  • Casino boat grounds, 114 rescued
  • BAE San Diego gets $15.1 million LPD 18 award

World Wide Shipperweb site
JULY 18, 2014
  • Port of Tacoma awarded damages in Maytown gravel mining lawsuit
  • Zim announces completion of financial restructuring process
  • K Line ammonia carrier vessel rescues injured rowboat crewman
  • American Trucking Associations makes executive level changes
  • US rail freight traffic posts positive numbers

Lloyd's Listweb site
JULY 18, 2014
  • OSG nets court approval on plan
    Ruling paves way for Chapter 11 exit
  • GSL fixes ship to Sea Consortium
    All 17 vessels in company fleet now employed
  • Panamax charter rates slide again
    New ConTex shows 14.3% year-on-year fall for 24-month fixtures
  • Cheniere sells LNG from Corpus Christi to France's EDF
    EDF will use its own vessels for shipments
  • Distress signals from ferries
    Must environmentalism end up, because of its zeal, harming the environment more?
  • Wärtsilä sells two-stroke engine business to China State Shipbuilding Corp
    Finnish engine maker hopes to see rapid business growth in Asian markets
  • Papua New Guinea makes impressive start to LNG export business
    PNG has so far avoided some of the pitfalls suffered by competitors
  • North Europe-South America capacity cuts
    Shipping lines axe service as freight rates on the trade lane flounder
  • Asia-Europe rates slide for consecutive weeks
    August general rate increases cannot come soon enough for carriers
  • Rotterdam reports moderate container traffic growth
    Second quarter volumes up 3.3% to 3.1m teu, tonnage climbs 5.4% to 33.4 m tonnes
  • Vale secures $7.5bn from Chinese lenders despite valemax ban
    Cexim hints at newbuilding opportunities and further co-operation between Vale and Chinese lines
  • What next for CMA CGM?
    Could the French carrier team up with UASC and CSCL to create a four-way alliance battle?
  • Qingdao box terminal to issue $145m bonds
    Venture between QPI, DP World, APMT and Cosco Pacific seeks domestic financing
  • New recycling hub to boost Tilbury box numbers
    Sita UK and Forth Ports sign deal to create major recycling hub
  • A paradox for capes owners: no honey on rates, but demand keeps flowing
    Rates stagnate, but volumes from major suppliers are on the rise notably in the Pacific
  • BW Group product tanker poised to load first ever cargo of US condensate
    Ground-breaking voyage will herald start of a new trade
  • Stealthgas orders four new LPG carriers
    Expansion of smaller LPG ships is on track
  • Samsung Heavy Industries wins $724m gas carrier order
    Deal by South Korean yard prompts talk of VLECs
  • Offshore and gas carriers boost Wärtsilä profit
    Finnish engine manufacturer hails active contracting in marine markets
  • Week on Wall Street | July 18
    Look south of the border on oil says Pemex, and the fees that make bankruptcy so awfully expensive

Sea-webweb site
JULY 18, 2014
  • Jiangsu Hantong secures Sinochem tankers
    China's Jiangsu Hantong Ship Heavy Industry has secured an order for up to eight stainless-steel chemical tankers from compatriot shipowner Sinochem Shipping. This firm four 38,000dwt chemical tanker order is regarded by the shipbuilder as an opportunity to move into this new high-value market.
  • Jinling wins Densay ultramax order
    Chinese shipbuilder Jinling Shipyard has won an order for an ultramax bulk carrier from returning UAE-based customer Densay Shipping & Trading DMCC. The 64,000dwt vessel, to be built to the Dolphin 64 design, is scheduled for delivery in February 2017 and will be Marshall Islands flagged and classed
  • Antwerp to build LNG barge bunker station
    The port of Antwerp has issued a call for tenders for the construction of an LNG bunker station for inland waterway barges. The port said that construction of the station, which it hopes to have in service by early 2016, was an attempt to break out of the "chicken and egg" situation which was
  • Gate LNG Terminal contract awarded
    Fluor Corporation has been awarded a contract by Royal Vopak and Gasunie to design and build the liquefied natural gas (LNG) break-bulk expansion facility at the Gate Terminal in the Port of Rotterdam. Fluor, a multi-national engineering and construction firm headquartered in Texas will provide
  • Costa Concordia departure may be delayed until Tuesday
    Deteriorating weather conditions could delay until Tuesday (22 July) the departure of the Costa Concordia from the island of Giglio. This is according to Franco Gabrielli, head of Italy's civil protection agency, who is overseeing the salvage operation for the Italian authorities. He told Italian
  • Sheerness wins ten-year Volkswagen contract
    Volkswagen Group UK is to build and oversee a new eight-acre (3.2ha) pre-delivery inspection centre (PDIC) at Peel Ports Medway's Port of Sheerness. The multi-million dollar investment will create 100 supply chain jobs and increase car imports into Sheerness by 50,000 vehicles annually. The new
  • Tyne gains new ro-ro service
    The UK Port of Tyne has welcomed Wallenius Wilhelmsen Logistics' (WWL) MV Tristan with the first shipment of construction equipment from Asia that heralds a new direct ro-ro service. WWL managing director Paul Reeves commented: "WWL's regular ro-ro service from Asia to Europe via the Suez and Panama
  • China poised to buy into Australian container ports
    Australia's Asciano is negotiating the sale of a potential $1Bn stake in its Patrick ports portfolio, the company confirmed today (18 July). In a media release to the Australian stock exchange "in response to recent media speculation", Asciano said discussions over a sale were under way. However it
  • One more Sewol victim found
    Another body has been recovered from the capsized ferry Sewol, South Korea's Ministry of Oceans and Fisheries announced today (18 July). The Ministry said the body, which was of a female victim, was found during a search operation this morning. The victim's body was found in the kitchen on the third
  • Chemical leak occurs in Laem Chabang port
    More than 100 school children had to be hospitalised after inhaling chemical fumes that leaked from tanks in Thailand's Laem Chabang port. "Port workers had been moving tanks of butyl acrylate onto a container ship when one of the tanks dropped onto the deck and fumes leaked out. Wind then carried
  • Five dead in Sewol rescue helicopter crash
    A helicopter that was returning to its base after helping on salvage work for the capsized ferry Sewol crashed in South Korea's Gwangju province yesterday morning (17 July). All five firefighters onboard were killed. The crash occurred at 10.53hrs local time. A female high school student who was at
  • Evergreen to launch another L-type vessel
    Taiwanese carrier Evergreen Line announced today (18 July) that it is to obtain another L-type vessel, which will be deployed on its Asia-US West Coast route after its delivery on 29 July, replacing an older vessel. Named Ever Loading, this is the sixth L-type vessels to be built for the company by
  • ReCAAP ISC: Piracy, sea robbery up 16% in 1H14
    Singapore-based anti-piracy organisation, ReCAAP Information Sharing Centre (ReCAAP ISC), has highlighted an increase of 16% year-on-year (y/y) in the numbers of reported sea robbery and piracy incidents for 1H14. From January to June 2014, ReCAAP ISC recorded a total of 73 incidents, compared to 61
  • MOL gets new Soma Maru, sells older Soma Maru
    Mitsui OSK Lines plans to sell one of its older post-Panamax ships after Japan's biggest ship owner took delivery of a new namesake. The 1995-built 90,844dwt post-Panamax bulker Soma Maru, built at Koyo Dockyard, will be available for inspection in Japan's Soma port from next week, MOL officials
  • Vale inks deals with Chinese banks
    Brazil's mining giant Vale yesterday signed financing agreements with China EximBank and the Bank of China during Chinese President Xi Jinping's visit to the South American country. China Eximbank extended a $5Bn credit line to Vale to buy or lease ships and shipping equipment from Chinese
  • Indonesian passenger ship catches fire off Bali
    An Indonesia-flagged passenger ship, Gelis Rauh, caught fire off Bali, Indonesia, yesterday. The vessel, owned by the Boedihardjo Group, was carrying 73 passengers and crew, plus 21 vehicles, en route from Padangbai, Bali, to Pelabuhan Lemar, Lombok . A fire broke out on the vessel at 21.35 hours
  • Vale and China's ports to develop green initiatives
    Vale's Tubarão Port in Brazil and Lianyungang Port in China signed an agreement yesterday to develop green technologies in their operations. Under the agreement, both ports agreed to jointly increase the productivity of their operations, exchange knowledge on safety subject and develop technologies

The Journal of Commerceweb site
JULY 18, 2014
  • Rising labor costs impacting Hong Kong manufacturing
    Rising labor costs continue to drive factories out of the Pearl River Delta, with more than a third of Hong Kong-based manufacturers planning to move production to areas with lower costs over the next three years. A survey by the Chinese Manufacturers' Association of Hong Kong, or CMA, found that 32...
  • Ocean carrier rate revision roundup for July 18
    Multiple carriers have announced general rate increases on several trade routes to take effect in August. Shipper groups have reacted cautiously to the new 2M vessel-sharing agreement between Maersk Line and Mediterranean Shipping Co., which could help soak up some excess capacity. The deal could also pave the way for CMA...
  • ILWU talks to recess Monday for union caucus
    Contract negotiations between the International Longshore and Warehouse Union and the Pacific Maritime Association will recess beginning Monday for a previously scheduled union caucus. It is not unusual for the ILWU to call caucuses from time to time, although next week's meetings "will certainly cover the contract negotiations," ILWU spokesman Craig...
  • Ontario's manufacturing growth boosts cross-border trucking
    Manufacturing growth in Canada's central province of Ontario is boosting freight traffic with the U.S. and increasing demand for faster cross-border trucking service. Manufacturing sales in Ontario grew 3.3 percent year-over-year in the first quarter, as exports of parts, consumer goods and machinery increased, according to the Royal Bank of Canada. "Sustained...
  • China-based cyberattack hits logistics operators, shippers
    A sophisticated computer attack launched from China stole financial records, customer data and shipment manifests from as many as seven shipping and logistics companies, using handheld scanners infected with malicious software to crack through corporate security systems. The first cyberattack known to specifically target global shipping companies raises concerns about the...
  • FedEx rebuffs drug-trafficking charges
    FedEx officials said today the company will fight federal drug trafficking charges linked to the distribution of prescription medicines illegally sold through Internet pharmacies and defended their efforts to prevent FedEx distribution networks being co-opted for illegal purposes. A U.S. federal grand jury in San Francisco Thursday indicted FedEx, FedEx Express...
  • Rates across SCFI drop lower
    Spot rates from Shanghai to Northern Europe sank 5.5 percent to $1,230 per TEU this week. Full-size chart Instability in the spot rate market continued this week, as spot rates from Shanghai to northern Europe, the Mediterranean and both coasts of the United States sank yet again amid a hearty schedule of...
  • Antwerp to build LNG bunker station
    The Port of Antwerp plans to build a bunkering station to encourage use of liquefied natural gas by self-propelled river barges. The bunkering station is the latest of several projects around the world to develop infrastructure to support vessels' use of LNG as a cleaner-burning and possibly more economical alternative to...
  • Managing Your Staff
    I had the opportunity at a recent trade conference to catch up with a friend who manages the trade and customs operations of a Fortune 500 company. The conversation quickly turned to a dilemma she faced involving the recent departures of two key staff members within a three-week period. Given...
  • Hub Group expects NS, UP intermodal service to improve by year-end
    After seeing "substandard" intermodal rail service cut its container utilization in the second quarter, the Hub Group expects gradual service improvement from its main partners, Norfolk Southern Railway and Union Pacific Railroad, by the end of the year. The Class I railroads' effort to improve intermodal service reliability with more locomotives...
  • Rotterdam's first-half container growth trails rival Antwerp
    The Port of Rotterdam's container traffic rose 1.9 percent year-over-year in the first half, driven by higher volumes on Asian and North American routes, but growth again trailed that of neighboring Antwerp. Europe's biggest container hub handled just over 6 million 20-foot-equivalent units in the six months through June, up from...
  • California trucking groups lobby to keep fuel costs down
    Trucking interests in Southern California were urged this week to lobby for a delay in the inclusion of transportation fuels under the state's cap and trade law, or risk higher and volatile diesel fuel prices that could significantly increase their cost of doing business. Speakers at a Harbor Trucking Association meeting...
  • India's exports rose again in June
    India's merchandise exports rose for the third straight month in June on a year-over-year basis, expanding 10.22 percent to $26.48 billion, according to preliminary figures released by the nation's Ministry of Commerce and Industry. Export growth in June was led by readymade garments, engineering goods, petroleum products, leather products and handicrafts,...
  • India clears way for SEZ operation adjacent to Mundra port
    India's largest port infrastructure developer, Adani Ports, has received government approval for its "special economic zone" project at the Port of Mundra, allowing the non-government cargo terminal to consolidate operations. "The grant of the environmental clearance to Mundra SEZ by the Ministry of Environment and Forest will encourage investment in SEZ,...
  • Congestion explained by LA-Long Beach import surge
    A surge of imports through Los Angeles-Long Beach in June caught transportation providers by surprise, and helps explain why the ports had problems with terminal congestion and capacity shortages in both the rail and drayage trucking sectors. While it is obvious that retailers and other importers shipped early this year through...
  • Hactl on the rebound a year after Cathay exit
    When Cathay Pacific left Hong Kong Air Cargo Terminals (Hactl) a year ago to start its own freight business next door, the carrier walked out taking 1.2 million tons of annual cargo with it. To put that figure in perspective, JFK International in New York handled 1.29 million tons last year,...

TradeWindsweb site
JULY 18, 2014
  • Heidmar unworried
    New sanctions slapped on Rosneft by the Obama administration are not expected to halt the Russian oil giant's takeover of a stake in pools power Heidmar, company officials said today.
  • OSG almost out
    Overseas Shipholding Group's reorgansation plan was approved today by a US bankruptcy judge in Delaware, some 20 months after it filed for Chapter 11 protection, an OSG official confirms.
  • Volga volumes rise
    Russian cargoship owner Volga Shipping has posted a 5% increase in cargo volumes for the first half.
  • Seadrill says sorry
    John Fredriksen's Seadrill has moved to repair damage stemming from an unsuccessful $1bn bond issue.
  • Parental support
    China Shipping has provided a $300m liquidity boost to its Hong Kong-listed boxship division, China Shipping Container Lines.
  • Optimism examined
    We take a look at what was said in the market over the past week.
  • Yards eye upgrade
    BC Ferries tendering for conversion of two ships to dual-fuel in deal worth up to $60m.
  • Precious set for profit
    KT ZMICO is backing Precious Shipping to return to profit in the second quarter despite a weak period for the dry cargo market.
  • Kazakhs hit record
    Kazakh national shipowner KazMorTransFlot has posted its best ever profit in the first six months of 2014.
  • Casino ship refloats
    A US casino cruiseship has freed itself after grounding off Savannah, Georgia.
  • $100m for MBC
    Malaysian Bulk Carriers (MBC) has clinched a new MYR 320m ($100m) loan to refinance short-term debt.
  • PDZ brings in Helmi
    Malaysian boxship owner PDZ Holdings has appointed a group chief operating officer as it seeks a move into the offshore sector.
  • Gas leak hits 100
    More than 100 people were taken to hospital on Thursday after a chemical leak on a K Line containership.
  • Asciano in sale talks
    Asciano has confirmed speculation it is in talks to sell assets worth more than $1bn.
  • Vale pens China port pact
    Vale has taken advantage of a state visit by Chinese president Xi Jinpin to sign a deal with Lianyungang Port.
  • Martinac on block
    A last-ditch bid to save JM Martinac Shipbuilding of the US has failed.
  • Wartsila edges up
    Finnish ship power group Wartsila has posted a higher profit in the second quarter despite a revenue rise.
  • Wartsila teams with CSSC
    Wartsila and China State Shipbuilding Corporation (CSSC) are forming a joint venture to operate the Finnish group's two-stroke engine business.
  • Sovcomflot loses out
    Sovcomflot has failed to have the detention of one of its tankers in Australia late last year overturned at an appeal.
  • John's Russian dilemma
    John Fredriksen could face potential fallout from the latest round of sanctions against Russia over the situation in Ukraine.
  • West coast volumes jump
    As predicted US west coast terminals saw a surge in container volumes in June, figures from two of the ports show.
  • Economou on a roll
    The jewel of George Economou's shipping empire has cleared another hurdle in the race to shore up its balance sheet.
  • TNP seeks cash
    Teekay LNG Partners has returned to the capital markets for cash to help fund its expansion campaign.
  • X-Press dials GSL
    A leading UK containership owner has made good on a promise to firm up new revenue streams after lining up a fixture for its only unemployed asset.

American Shipperweb site
JULY 18, 2014
  • Obama uses executive authority to boost infrastructure investment
    Obama said deferring maintenance and enhancements is a drag on the economy, noting that construction will create jobs now, and future growth will come from companies that take advantage of efficient transportation and hire more.
  • Air cargo pricing index 12 weeks away
    The index, which will be compiled through information submitted by forwarders, will initially focus on key air cargo trading lanes out of Hong Kong. The founders have been working toward an index like this for a decade.
  • BNSF prepares for fall harvest
    A BNSF official said that the Surface Transportation Board's order to increase grain shipments might encourage customers to "seek regulatory intervention." This, he said, will pit regions and commodities against one another.
  • General cargo boosts St. Lawrence Seaway volumes
    The cargo discharged this week includes 12 nacelle cooling units and 14 generators destined for the wind farm near New Salem, N.D. The components are loaded on trucks and driven to the wind farm.
  • Government indicts FedEx over Internet pharmacy deliveries
  • Algoma takes delivery of ship with exhaust scrubber
  • TOTE says engine for Puerto Rico ship delivered
  • Executive moves

The Bunker Bulletinweb site
JULY 18, 2014
  • Panama Canal fuel prices mostly up
    Average demand reported at the Central American port.
  • Weekly Global Market Report
    A weekly price roundup from bunkering hubs around the world.
  • Chinese firm in deal for Wartsila's two-stroke business
    Acquires 70% stake for $62 million.
  • Shell puts Canadian LNG fuelling project 'on hold' again
    Emerging market needs a 'balanced approach', says firm.
  • Antwerp terminal 'responds to ECA regulations'
    Extra storage capacity added for marine fuels, including distillates.
  • Prices close week firm in Fujairah
    180 cSt material fell sharply at Suez.
  • Joined-up approach to improve cat fine management
    Sea trials show positive results from combining monitoring with separator adjustments to reduce engine damage.
  • Prices mixed in Europe
    380 cSt flat in Gibraltar.
  • Antwerp: LNG bunkering station ready for 2016 start
    Move aimed at inland barge market.
  • Argentinean ports face more strike woes
    Customs union in overtime ban threat.
  • Hapag-Lloyd prepares customers for 2015 cost increases
    Predicts higher low sulphur premium than that used by Maersk for calculating extra ECA costs.
  • Maersk vessel dons fuel monitoring kit
    Modifying engine use could lead to fuel savings.
  • Costa Concordia's passage under scrutiny
    French government won't tolerate pollution to its coastline.
  • Asian prices end week stronger
    Tokyo Bay to close for a holiday on Monday.
  • Fuel costs hit profits for Norwegian shipowner
    Prices rose 6% in first half of 2013.
  • Ten newbuildings to join Chinese bulker fleet
    Meanwhile, eight ships scrapped as part of company's fleet renewal efforts.
  • Nigerian government to start bunkering business
    October marked for operational start.

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