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Independent journal on economy and transport policy
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BRIEFS
January 24, 2014
Sched Netweb site
  • Hapag-CSAV merger afoot, control seems settled, due diligence lies ahead
  • China earmarks US$104.08 billion on central, western railways in 2014
  • Panama Canal and lock builder in peace talks over new financing plan
  • Evergreen's Ever Summit rescues crew from sinking ship off Vietnam
  • Hutchison opens Brisbane Container Terminals to serve Oz east coast
  • Ship operating costs up, but sector's lost value keeps insurance down
  • NYK buys 100pc of car terminal in Kazakhstan as local car sales soar
  • Another train carrying crude oil derails - this one in Philadelphia
  • Ningbo tops Chinese cities for imports from Taiwan in 2013 under ECFA
  • Three Gorges cargo volume hits record 106 million tonnes in 2013
  • Busiest day came 6 days late, as compressed peak shrunk UPS profits
  • Henan provincial aviation sector to join recapitalisation of Cargolux
  • Amazon patents 'anticipatory shipping' to pre-empt customer buys

Exim Indiaweb site
JANUARY 23, 2014
  • Gujarat Junction 2014 a stupendous success in Gandhidham
  • Hapag-Lloyd, CSAV merger talks enter next phase
  • Indev Group's Xavier Britto honoured by the President of India
  • Essar Ports' net profit up 22 pc for the first three quarters
  • LuLu Group's commercial complex to attract more ships, says CoPT
  • Vasan reviews projects & performance, calls for expeditious implementation of policy changes during Kandla Port visit
  • Moody's pegs FY14 growth at 5.5 pc
  • Global engg services leader URS aggressively strengthening headcount of Indian operations in projects & infrastructure

International Transport Journalweb site
  • Launch of temperature-controlled China-Europe rail service
  • Israel Corporation's shareholding in Zim to be reduced
  • Etihad doubling Dublin service as well
  • Mapletree Logistics Trust with more revenue, less income
  • DFDS introduces new UK-Italy rail service
  • Ingrid Rossmeier representative for Southern Germany
  • Transaero increases cargo business volume
  • Transmec Group making constant effort to reduce CO2
  • VTG expanding tank container logistics sector
  • K+N and Destylarnia Sobieski extend seafreight pact
  • Troy Container Line extends services from Italy
  • New branch manager for Innsbruck and Röthis
  • Envirotainer opens station in Dusseldorf
  • Port users urge EU parliament not to dilute ports proposal

Marine Logweb site
JANUARY 23, 2014
  • Rem orders Arctic PSV at Kleven
  • January 23, 2014 Outlook positive for offshore, but tighter CAPEX

Lloyd's Listweb site
JANUARY 23, 2014
  • JP Morgan warns of 'pixie dust' in shipping's appeal to private equity
    Too much money is chasing too few deals, which could erode transaction quality
  • Talis Capital sees opportunity in smaller handysizes
    Foca tells Marine Money forum that private equity player expects 10 deals this year
  • Asphalt Venture Indian crew remain captive in Somalia
    Seven men held since September 2010
  • Panama parties agree to keep talking to resolve cost overrun dispute
    Authority and construction firms extend negotiations until February
  • Court orders STX subsidiary to repay its Chinese unit's debts
    South Korea group's shipbuilding division must pay $200m in guarantees
  • Finland reconfirms icebreaker order with Arctech
    European Union part-funds deal for dual-fuel vessel
  • Orders help consolidate China's shipbuilding industry
    Companies won newbuildings totalling 69.8m dwt in 2013, but 90% went to just 30 yards
  • CORRECTION: UK government outlines way forward for armouries
    Letter to maritime security lobby came from crime prevention minister Norman Lamb
  • Israel Corp outlines restructuring plan for Zim
    Parent offers shares to creditors and shipowners to reduce its own stake to 32%
  • GasLog raises $199m to buy BG gas carriers
    Livanos-led LNG owner sells shares to fund acquisitions
  • Experts bullish on prospects for dry bulk and tankers
    Analysts say rates will benefit from Chinese demand and low fleet growth
  • Shipping's secondary loan market heats up
    Buyers and sellers converge at 90 cents in dollar, conference hears
  • BMT helps port backers to assess competition and commercial risk
    Analytical tools show how distribution dynamics of cargo will shape profits
  • Banking sanctions restrict Iran-linked P&I payouts
    Moves to loosen Tehran trade restrictions have yet to ease payment of claims
  • German owners exposed to Zim's charter rate cuts
    Israeli line's financial restructuring will hit all creditors
  • PwC study shows a further slip in shipping's financial health
    Analysis of 150 companies' accounts reveals an average zero return on net assets
  • DHT buys two secondhand VLCCs
    Analysts blame lower fourth-quarter spot exposure for weaker than expected results
  • Panama Canal handles record tonnage thanks to strong US harvest
    Waterway tops predictions by 5% for fiscal year's first quarter
  • Japan shipyard export orders rise 57%
    Weaker yen lured foreign owners to book eco-efficient dry bulk ships last year
  • Textainer expands its owned box fleet
    Container leasing giant buys 30,000 teu equivalents
  • Hapag-Lloyd and CSAV sign MOU to merge box units
    Deal would create world's fourth-largest box shipping outfit and may see a Hapag-Lloyd IPO
  • Hamburg Süd buys abandoned Ship Finance International newbuilding
    German owner secures a discount of more than 20% from Shanghai Shipyard
  • The calm after the storm
    Things are looking up for insurers but greater discipline is required in the hull market

Fairplayweb site
JANUARY 23, 2014
  • Evercore debuts drybulk coverage
    Evercore analyst Jon Chappell, long known for his tanker research, has branched out into drybulk analysis and pegged Scorpio Bulkers and Safe Bulkers as his top picks
  • DHT weighs M&A options
    DHT will continue its fleet expansion and is now considering merger-and-acquisition opportunities, according to chief executive Svein Moxnes Harfjeld
  • Brightoil expects to return to profit
    Hong Kong-listed Brightoil Petroleum expects the last six months of 2013 to yield a profit, due to better performance in the oil trading and bunkering business
  • La Spezia bucks Eurozone inertia
    Italy's second-ranked container Port of La Spezia has defied the economic stagnation in the Eurozone by registering container traffic growth of 4.3% in 2013
  • Sea trade set to exceed 10Bn tonnes in 2014
    Sea trade may break through the 1 billion tonnes mark this year, delegates at the Marine Money Ship Finance Conference were told in London today (23 January)
  • Deiulemar Shipping bought for $111.83M
    Maltese registered Heron Ventures has acquired the dry bulk business of bankrupt Italian company Deiulemar Shipping for €82.5 million ($111.83 million) in a court-organised auction, according to the Italian news agency ANSA
  • Turkey cancels Derince port sale
    Turkey has cancelled its planned privatisation of the Port of Derince in Izmit province, northwest Turkey, after bidders failed to match the minimum $516M asking price for the port

The Journal of Commerceweb site
JANUARY 23, 2014
  • Express Carriers to Limit Shipments to Russian Consumers
  • Shanghai Retains Top Spot Among China's Ports
  • Analyst: CSAV, Hapag-Lloyd Merger Won't Reduce Industry Competition
  • Long Beach to Spend Millions on Port Improvements
  • Economy, Freight Demand to Improve in 2014, Experts Tell SMC3
  • Port of Charleston's Container Throughput Climbs
  • NJ Governor Signs NY-NJ Port Fee Repeal
  • Union Pacific's Profit Soars to All-Time High
  • Zim Debt Deal Paves Way for Ship Orders, Partnerships, IPO

TradeWindsweb site
JANUARY 23, 2014
  • M&A on the menu too
    DHT Holdings is on the lookout for more opportunities to expand its fleet of tankers, according to chief executive Svein Moxnes Harfjeld.
  • Guidry: 'there will be fuel'
    Gulf Coast Shipyard has launched the first of six dual-fuel platform-supply vessels (PSVs) that were ordered by US compatriot Harvey Gulf less than one year ago.
  • Khanna sets sights on IPO
    Pankaj Khanna's Pioneer Marine has added four newbuildings to its fleet as it builds up ahead of an initial public offering.
  • V for Volatility
    Freight rates are on the rise and the darkest days of the downturn have passed but there's a strong chance the bulker market will be more volatile than ever in 2014, Compagnie Maritime Belge (CMB) warned investors Thursday.
  • Laker owner's profit sinks
    Weather delays helped push American Steamship Company (ASC) into a 38% decline in its quarterly profit.
  • CMB goes stainless
    Compagnie Maritime Belge (CMB) has forged an alliance with an affiliate of diversified Belgian compatriot Cobelfret.
  • Bocimar bulks up
    Bocimar has firmed up a contract to construct five capesize bulkers at Imabari Shipbuilding in Japan.
  • No fear
    Owner's should not fear a shipping recovery being wrecked by the run of money from the capital markets and private equity, veteran banker Jeff Pribor says.
  • Haisheng hitting heights
    China Shipping Haisheng is expecting to announce a return to profit for 2013.
  • Ferry evacuated
    Passengers were being evacuated on Thursday from a Philippines ferry that had run aground.
  • Talis eyes ship buys
    London private equity firm Talis Capital is gearing up to swoop for at least six dry cargoships in 2014.
  • Forest crew transferred
    The crew of the abandoned bulker Rich Forest have been transferred on to a US Coast Guard (USCG) cutter in the Pacific.
  • Rem enters new arena
    Rem Offshore is looking to break into the harsh environment offshore market with its first winterized PSV newbuilding.
  • Norshore in bond bid
    Norshore has turned to the bond market for $150m to help pay for a newbuilding from Otto Marine.
  • "Window of opportunity"
    Oil tankers can do better this year than market fundamentals would suggest, ICAP head of tanker research Stavroula Betsakou predicts.
  • Capes set for spring surge
    Capesize owners should not to panic about a current slump in charter rates as they will boom by the spring.
  • Bumi fixes duo
    Malaysia's Bumi Armada has fixed two platform supply vessels (PSVs) into Angola for a potential $48m.
  • Clarksons takes two
    Clarksons has hired two brokers from Aquamarine Shipping Consultants as it set up shop in Uppsala, Sweden.
  • Yard buys Dohle bulkers
    Yangzijiang Shipbuilding has bought Peter Dohle's majority share in a quartet of jointly-owned panamax bulkers for just $5m.
  • Panama Canal hits peak
    The Panama Canal has recorded a record tonnage haul in its first quarter.
  • CMA CGM releases Rhino
    France's CMA CGM has launched a new feeder run to take advantage of growing cabotage opportunities in Mozambique.
  • Q-Ship seals $425m loan
    Qatar Shipping (Q-Ship) has clinched a new $425m loan to refinance four LNG carriers owned with Japan's big three.
  • Aggressive Keppel banks more
    Keppel Corp has seen its fourth quarter profit lifted thanks to a stronger showing from its Offshore & Marine division.
  • Zim eyes tie-ups as IPO back on
    Israeli container line Zim has finally confirmed details of its huge debt restructuring, which will see borrowing cut to between $1bn and $1.5bn from $3bn.
  • ATM boosts cash pile
    Frontline's upsized ATM offering will lift its cash position to $160m, a prospectus filed with US regulators shows.
  • GasLog banks $199m
    GasLog has ended $199m to the good following the completion of an equity issue and private placement.
  • Eastern promise
    Icelandic container line Eimskip has signed a cooperation deal with China's giant Cosco group.
  • Piracy clause amended
    Intertanko has amended its model piracy clause to take into account security issues specific to the Gulf of Guinea.
  • Maersk selling again?
    AP Moller-Maersk looks likely to sell another non-core business in the shape of oil and gas services operation Danbor.
  • Bijela on the block
    Montenegro is trying again to sell off Adriatic Shipyard Bijela.
  • Hammonia backs Mojo
    German shipowner Hammonia Reederei has agreed to finance and build the first of a new class of offshore construction vessel.
  • Kim Heng jumps on debut
    Kim Heng Offshore & Marine has raised SGD 36.4m ($28.9m) in net proceeds following a successful IPO in Singapore.
  • DHT picks up Gulf VLCCs
    A cash-strapped UAE tanker operator has been tipped as the seller of two VLCCs to DHT Holdings.
  • Prestige files IPO
    Private equity backed Prestige Cruises Holdings has filed with US regulators to raise up to $250m in an initial public offering (IPO).
  • DHT sheds the red
    DHT Holdings turned in a fourth-quarter profit Wednesday thanks in large part to the recent sale of a claim against bankrupt US tanker operator Overseas Shipholding Group (OSG).
  • Japan ends on high
    Japanese shipyards experienced a strong end to the calendar year with newbuilding orders remaining robust.
  • Al Gharrafa sheds cargo
    Al Gharrafa, the 215,000-cbm Q Flex LNG carrier involved in a collision off Singapore just before the New Year, is to have its cargo transferred to another Q-Flex LNG carrier, the 216,000-cbm Al Ghashamiya (built 2009).
  • Take two
    DHT Holdings has added two more VLCCs to its fleet of tankers in a transaction worth nearly $100m.

American Shipperweb site
JANUARY 23, 2014
  • Israel Corp. details restructuring plan for Zim
    In a filing with the Tel Aviv Stock Exchange and Israel Securities Authority, Zim's parent company Israel Corp. outlined a "term sheet" for a financial restructuring of the container shipping company.
  • Transplace study finds fuel surcharge most common accesorial
    A benchmark study on transportation accessorials from Transplace has found that shippers are not always accurately applying fuel surcharge schedules to their domestic transportation process, among other findings.
  • Panama Canal tonnage reaches new high in Q1
    The Panama Canal Authority said it registered a tonnage record of 87.7 million tons during the first quarter of its fiscal year.
  • ATA: 2013 truck tonnage ends on 'high note'
  • Norfolk Southern sees quarterly, yearly gains
    "We're seeing the results of our investments in network capacity and technology enhance our ability to offer superior service to all of our customers," Norfolk Southern's CEO said.
  • FedEx, Nissan to test electric car in North America
  • MOL names new leadership
  • AAEI to tackle trade challenges at annual conference
  • Seaboard Marine expands in Florida
  • Hapag-Lloyd, CSAV plan to create fourth-largest container carrier
    Hapag-Lloyd said it has signed a memorandum of understanding with the Chilean container shipping company CSAV about combining the container shipping operations of the two companies.
  • Gov. Christie signs bill that would end port cargo fee
    Opponents of a fee charged by the Port Authority of New York and New Jersey on cargo moving through the port are halfway toward their goal of having it eliminated.
  • Seago offers service connecting Aarhus and St. Petersburg
  • Executive moves

The Bunker Bulletinweb site
JANUARY 23, 2014
  • Private Equity fund sees shipping opportunity
    Strategy focused on young, fuel-efficient tonnage.
  • IFO prices soft in northwest Europe
    IFO prices soft in Rotterdam and Hamburg.
  • Tight avails in Fujairah
    Cape Town MGO: no avails.
  • Fuel oil ouput up at Russian refinery
    Bashneft-Novoil plant increasing fuel oil production.
  • Fuel oil stocks at two-and-a-half month low
    Singapore's onshore stocks fell down 5.4% in week to January 22.
  • Methanol driven tankers to include 'important safety measures'
    DNV GL sees methanol 'as part of the future energy mix for shipping.'
  • Moves afoot to establish glycerine as a marine fuel
    Meeting to hear results of glyercine-fuelled engine run.
  • Customers need to be warned on 2015 fuel costs
    'We're surprised that so few carriers have made announcements about ECA implications.'
  • 'Costly bunkers' could compromise safety
    Ferry sector should 'leave pay and conditions alone'.
  • Cruise ship design will 'significantly reduce' fuel consumption
    Bunker savings attainable by 'optimising the ship's hydrodynamics'.
  • Asian IFO prices northbound in trade
    Meanwhile, MGO traded without direction.
  • Equity firm seeks partners for bunkering project
    Investment could reach $380 million.
  • 'Taxes would bring transparency' to Nigerian bunker market
    Government's move to reform the bunker sector a 'good development', says expert.
  • Monjasa eyes Asian growth
    Staff numbers at Singapore to grow, says CEO.
  • LNG carrier completes engine upgrade
    Ship can now run on LNG, fuel oil or gasoil.
  • Evergreen confident of fuel-efficiency 'dividend'
    'Significant enhancing' of fuel efficiency in operations follows fleet renewal.

›››File
FROM THE HOME PAGE
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"
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.
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.
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
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
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
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
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
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
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.
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