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Independent journal on economy and transport policy
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BRIEFS
October 24, 2014
Sched Netweb site
  • Hong Kong shippers demand congestion surcharge be dropped
  • Long Beach Sept up 7.3pc to 629,771 TEU, LA up 9pc to 775,113 TEU
  • FMC mulls internal probe into its own Ocean Three processing
  • Global supply of box shipping capacity decreased in September
  • CMA CGM buys 7,000 FEU high-cube carbon-light reefer boxes
  • Union federation blasts countries that turn ships away on Ebola fears
  • UK trucker shortage caused by early peak and new regulatory burdens
  • Singapore to start pilot project to supply LNG to ships by 2020
  • Matson settles with DOJ over molasses spill for US$1 million
  • UN's IMO approves Polar Code to punish pollution from ships
  • NYK's ballast water management system is approved by Tokyo
  • CenterPoint acquires 317,500 square foot working site in Avenel, NJ
  • China iron ore imports have Baltic Exchange bulker rates soaring 38pc
  • War zone specialist National Air Cargo files for Chapter 11 protection
  • Schiphol quarterly cargo volume up 6.7pc to 409,382 tonnes
  • Global air cargo market expected to pick up soon, says Emirates
  • Nippon Cargo Airlines settles for US$45 million fine in price-fixing

International Transport Journalweb site
  • Seattle und Tacoma - Neue Freunde am Pazifik
  • More trucks on Germany's toll roads
  • CIS: rail market continuing to grow - albeit slowly
  • Corpus Christi and Tianjin snuggling up
  • SAS COO leaves after 25 years
  • Antwerp heading for record year
  • FAA fining six companies for hazmat regulation infringements
  • Norfolk Southern reports another record-setting quarter
  • ABC appoints new GSA for US Pacific Northwest
  • UPS rates to climb in North America
  • Construction work underway on South Heart rail terminal
  • Carr to drive design at Lotus
  • Ethiopian Airlines more often to Tel Aviv and new to Tokyo
  • Jettainer emphasizing business in the USA
  • Lufthansa Cargo has found Otto's successor
  • Is it "hard astern" for slow steaming trend?

IHS Maritimeweb site
OCTOBER 23, 2014
  • Matson agrees to $1M fine
    Honolulu-based Matson Inc has agreed to pay $1M after pleading guilty to polluting Honolulu Harbor with molasses. The payment, resulting from two misdemeanor violations, comprises a $400,000 fine and a $600,000 community service payment to support invasive algae clean-ups in Hawaii. Matson said in
  • MSC bolsters service to US Northeast
    Mediterranean Shipping Company (MSC) will continue to provide direct service from Northern Europe to Boston and Philadelphia despite service changes resulting from its vessel-sharing alliance with rival Maersk. On 23 October Geneva-based MSC said that while its pact with Maersk, known as 2M, did
  • Royal Caribbean guidance disappoints
    Despite expectations for record earnings, Royal Caribbean shares fell after the fourth-quarter outlook came in below Wall Street consensus. Royal Caribbean reported net income of $490.2M for 3Q14 versus $365.7M in 3Q13. Adjusted earnings of $2.20/share were slightly above the Wall Street analyst
  • Newbuilding prices under downward pressure, says Wärtsilä
    Wartsila, the listed Finnish engineering group that manufactures diesel engines and provides a wide portfolio of technical and design services for shipping, says newbuilding prices are under downward pressure. "During the period January-September 2014, 1,395 contracts for new vessels were
  • Europe and South Africa trade in transition
    Changes in automotive cargo flows and disruptions to citrus exports ex South Africa have forced container lines to shuffle capacities, according to Deutsche Afrika-Linien (DAL). The smallest partner of the SAECS consortia - other members being Maersk, Safmarine, and MOL - said it has expanded its
  • Lerwick awards £16.5M jetty contract
    In its biggest investment to date, Lerwick Port Authority (LPA) has awarded a £16.5M ($26.5M) contract to local company Tulloch Developments to build a new jetty that will benefit the offshore sector as well as the port's fishing fleet. To be built at the Shetland Islands port's Holmsgarth North
  • Dry bulker newbuilding prices drop
    Weak freight rates have driven second prices of dry bulk carriers lower and signs of a fall in newbuilding prices have started to emerge, said shipping analysts at Arctic Securities ASA in Oslo, Norway. "While the recent drop in secondhand values already has driven some segments down some 15%
  • Siem Offshore 3Q14 profit dips but strong orderbook ahead
    Listed Norwegian offshore services company Siem Offshore suffered a slight dip in 3Q14 net profit, but it has a strong orderbook of future business. Group net profit fell to $18.5M in 3Q14 from $22.6M in the same period last year as net financing expenses rose by about $4.0M to $14.4M. Revenues
  • Scrubbers save money for shipowners
    Scrubbers will save money for shipowners in the long term, according to Keith Forget, group fuel specialist at Veritas Petroleum Services (VPS) in his speech at this year's Singapore International Bunkering Conference and Exhibition last month. As the Emission Control Areas' (ECA's) 0.10% sulphur
  • KSS Line signs LPG contract with Itochu
    South Korean gas and chemical shipping company KSS Line has signed a long-term LPG shipping contract worth KRW77.8Bn (USD73.6M) with Japan's Itochu Corporation. A 84,000m³ gas carrier ordered by KSS Line at Hyundai Heavy Industries in August will be used to service this contract, which will run
  • Nordic Maritime fixes out subsea vessel at $70M
    Singapore-based offshore oilfield service provider Nordic Maritime said today it has fixed out its DP2 IMR subsea vessel Mokul Nordic at $70M for five years to Noble Energy. "At Nordic Maritime, we are delighted to have won this long-term charter contract directly with a highly reputed
  • China ranked top for offshore vessel orders
    Chinese shipyards have received 138 orders for offshore units from January-September, up 2% year-on-year (y/y) and is ranked first place in the world, said Zhang Qi from China Shipbuilding Industry Research Center (CSIR) at Shiptec China today. These orders valued a total of $11.12Bn, a 1% increase
  • VLGC owners should look beyond US Gulf exports
    As the orderbook for very large gas carriers (VLGC) continues to grow, VLGC owners should not count too much on US Gulf LPG exports filling all available ships, said IHS Waterborne Energy. Looking forward, there appears to be two emerging and conflicting sentiments. On the one hand, as charterers
  • One dead in accident at Chengxi Shipyard
    A worker at the Chinese yard CSSC Chengxi Shipyard, Guangzhou, died on 13 October after falling off a four-storey scaffolding during work. Around 09.25 local time on 13 October, the worker fell to the bottom of a dry dock at the yard when a vessel was under repair there, local authorities said
  • No net additions for Handysize
    There were no net additions to the Handysize bulker fleet in September as the number of newbuilding deliveries was equal to the number of demolitions. IHS Maritime's Sea-web.com data showed 12 deliveries and 12 demolitions. The 12 ships that were demolished were built from 1978-1989, while a
  • Analyst: Buy HHI stocks after 3Q results
    Although some investors wonder if it is now time to start buying Hyundai HI (HHI) stocks while the prices are low, it is advisable to wait for the shipbuilder's 3Q14 results before buying in, said Samsung Securities in a research note. Samsung Securities analyst Young-soo Han said, "Shares of the
  • Keppel's revenue rises 22%
    Singapore-listed conglomerate Keppel Corporation (Keppel) posted its 3Q14 revenue, which was up by 22% to $6.18Bn year-on-year from its offshore and marine segment. The higher earning is due to the revenue recognition from an ongoing project and thanks to a one-off bonus of BRL4M ($1.6M) from the

Marine Logweb site
OCTOBER 23, 2014
  • GD BIW gets another $35.5 million for DDG 1000 class services
  • John Deere expands Marine Tier 3 engine lineup
  • Short sea operators hope for BWTS exemption
  • Eastern Shipbuilding adds three more
  • Over-reliance on AIS a factor in Dover Strait collision
  • Cargotec: MacGregor to be reorganized into divisions
  • VT Halter cuts steel for first Crowley LNG fueled ConRO
  • Innovative fouling defense coating racks up references

World Wide Shipperweb site
OCTOBER 23, 2014
  • Port of Seattle earns honor for foreign trade zone growth
  • VT Halter Marine begins work on new Crowley LNG ConRo vessel
  • Port Angeles Coast Guard office will host Veterans Day celebration
  • Lock gate for Panama Canal making its way to Pacific side
  • Boeing teaming with COMAC to test cooking oil as aviation fuel

Lloyd's Listweb site
OCTOBER 23, 2014
  • Seanergy has no immediate plan for reverse stock split despite winning shareholder approval
    Greece-based bulk player says it is 'close' to adding capesize tonnage to reboot its fleet
  • Denmark and Cyprus vie for IMO top job
    Nordseth and Chrysostomou hope to succeed Sekimizu as secretary-general
  • Tianjin adds three coal berths to meet China's growing energy needs
    The port's venture with Shenhua will boost capacity by 35m tonnes a year
  • NewLead fixes eco-handysize bulker at a 'premium' to the market rate
    Owner confirms its $1.7m annual earnings goal for its one-year-old vessel
  • Aronnax: Polar Code is no longer on ice
    Free to read: New regulations coming into force but will remain a work in progress
  • Product tankers improve their fortunes
    Baltic Exchange reports a rise in daily earnings across all trade routes
  • Lloyd's of London reappoints LOF panel
    Average award to salvors now stands at 23%
  • Standard & Poor's reaffirm Nakilat's top credit rating
    Qatari LNG shipowner shows consistent profitability, says S&P
  • Panama Canal receives its first Pacific lock gate
    Authority says the waterway's multibillion-dollar expansion is 80% complete
  • Wärtsilä profits down
    Ship power orders are bolstered by LNG and LPG vessel newbuildings
  • Tanker Investments buys back $30m of stock
    Winter demand surge offers an opportunity to generate shareholder value, says Hung
  • MSC plans direct Boston and Philadelphia calls from Europe
    World's second-largest box line will exclusively operate the service to new US destinations
  • Why did Edith Maersk call London Gateway?
    Mystery surrounds UK port's largest vessel call
  • Ebola: small things make a big difference in halting spread of the disease
    CMA CGM's Africa Lines vice-president Mathieu Friedberg explains the steps taken to protect staff and ships' crews while keeping West Africa's trade lanes open

The Journal of Commerceweb site
OCTOBER 23, 2014
  • Prince Rupert expects wave of diversion cargo from LA-LB congestion
    Fairview Container Terminal at the Port of Prince Rupert. Source: Flickr CC - B.C. Ministry of Transportation and Infrastructure The massive congestion affecting the ports of Los Angeles and Long Beach is creating a fresh wave of diversions to other ports as shippers flee the worst congestion that the largest port complex...
  • Container ships still backed up at LA-LB
    Vessels are still backed up off the ports of Los Angeles and Long Beach as gridlock at the Southern California ports continues. Six container ships were anchored outside the ports Thursday. That was up from five Wednesday but down from eight on Tuesday. Waiting for berths Thursday were the Cap Avatele, operated by...
  • FedEx plans for record holiday volume
    FedEx said it has plans in place to handle expected record volume of holiday shipments this year and avoid a repeat of 2013's late-shipments debacle. The company expects to move more than 290 million shipments between Black Friday and Christmas Eve, which would be a year-over-year increase of 8.8 percent. FedEx...
  • CEVA adds trucks, trailers in UK
    Third-party logistics provider CEVA Logistics said it will spend $20 million to expand and update its United Kingdom truck fleet. CEVA will add 40 trucks, 120 tractor units and 180 trailers by the end of 2014. The vehicles will be equipped with telematic systems for tracking and measurement. Use of telematics systems...
  • Planning for the Consumer Shift in China: 5 key Supply Chain Focus Areas
    This report on China will provide a broad but comprehensive view of the logistics challenges facing foreign firms in China these days. After looking at the changing landscape of opportunities in China -- new regions; more focus on consumers -- the report will analyze the multiple challenges of managing logistics...
  • Intermodal growth taxes NS
    Norfolk Southern Railway said it is working to correct service problems that accompanies faster-than-expected 10 percent growth in intermodal volume during the third quarter. this year resulted from a faster-, like other Class I railroads, didn't expect this year's surge in volume and was operating at crew and locomotive levels well...
  • Brazil election highlights port, shipping issues
    Brazil's presidential election Sunday has important implications for efforts to put the country's ports and maritime industry.on a more solid footing. Incumbent President Dilma Rousseff , of the Workers Party (PT) is in a close runoff with Aécio Neves of the right-of-center Social Democracy Party. Roussef won 41.6 percent of the...
  • Matson to pay $1 million for molasses spill
    Matson Inc.'s Matson Terminals subsidiary will plead guilty to two misdemeanor violations and pay a $1 million penalty to resolve all federal criminal charges arising from a September 2013 molasses spill in Honolulu Harbor. The company had been charged with illegally discharging more than 230,000 gallons of molasses from a pipe...
  • Trucking deals driving transportation M&A growth, PwC says
    There were 48 mergers and acquisitions in the transportation industry in the third quarter of 2014, totaling $13.6 billion, according to analysis by PricewaterhouseCoopers. Nearly 40 percent of the major deals monitored by PwC occurred in the trucking and logistics sectors, the company said in its quarterly analysis released today. Though...
  • APMT disputes ITF on Aqaba port strike
    APM Terminals has disputed the International Transport Workers Federation's description of last week's strike at Aqaba Container Terminals in Jordan as a "victory" for the union representing the terminal's dockworkers. "We find the ITF's statements misleading, incorrect and not supported by facts...The strike was premature and illegal, especially when held during...
  • Chiquita, Fyffes outline cost savings from proposed merger
    Chiquita International and Irish banana seller Fyffes are busy wooing shareholders, saying the synergies of a combined company would result in $60 million in annual savings, much of it from lower transportation and fuel bills. Shareholders won't vote on the merger (or address a competing bid for Chiquita) until the...
  • German shipping banks may fail ECB stress tests
    The world's largest ship financiers, mostly German, could see their vessel assets, dominated by container ships, written down by up to 20 percent in the European Central Bank's impending review of Eurozone banks' resiliency. The ECB on Oct. 26 will publish the results of its stress tests, which gauge the capacity...
  • Antwerp box traffic up 5 percent, on track for record year
    Antwerp's container traffic grew 5 percent year-over-year in the first three quarters of 2014, putting the Belgian port on track for a record total throughput in 2014. The Port of Antwerp has grown year-over-year for the past four quarters. Full-size image Europe's third-largest container hub handled 6.73 million 20-foot equivalent units in the...
  • MSC to continue Boston-Philadelphia services outside 2M
    Mediterranean Shipping Co. will continue to operate a direct service between North Europe and Boston and Philadelphia alongside its forthcoming 2M Alliance with Maersk Line. The decision was aided by a Pennsylvania cargo-incentive program that provides $1 million annually for five years to pay carriers $25 per container for each lift...
  • US footwear importers look to slash tariffs
    Footwear importers last year paid $2.5 billion in duties, which are meant at least in part to protect domestic producers from low-cost imports, but in reality footwear accounts for a tiny percentage of U.S. jobs. Therefore the Footwear Distributors and Retailers of America, the industry trade association, is urging passage of...

TradeWindsweb site
OCTOBER 23, 2014
  • Earnings season underway
    Forecasters are bracing for a bloody earnings season in response to revelations about Bocimar's lacklustre performance in the third quarter.
  • Bocimar bins more orders
    A Belgian bulker operator has abandoned six more newbuildings that are under construction at Weihai Samjin Shipyard in China.
  • IOPC Funds rebuff for Gard
    The Gard protection and indemnity club has been dealt a further major blow in the battle that has developed over the Nissos Amorgos tanker spill 17 years ago.
  • MLP acquires Phoenix
    A US terminal operator has been linked to the acquisition of a Jones Act product tanker that captivated the sale-and-purchase market this week in the wake of speculation it commanded nearly $160m.
  • Royal Caribbean profit up
    Royal Caribbean Cruises delivered mixed news for the market as it reported a sharp improvement in third quarter profit.
  • Wartsila's cruise hope
    Finnish ship power group Wartsila is in pole position to land any engine orders arising from Carnival's new Chinese cruiseship venture.
  • Samudera back in black
    Singapore-listed Samudera Shipping has returned to profit for the third quarter with lower costs out-pacing a third consecutive revenue decline.
  • Products peak
    An 18-month high in the products tanker market has opened the door for investors to pick up shares in the sector's largest owners, analysts say.
  • ViaMar: no Valemax fear
    A lifting of China's ban on the entry of Valemax vessels will have only a minimal impact on dry cargo rates, Norwegian researchers ViaMar say.
  • EMAS makes less
    Recently-merged EMAS Offshore has seen its profit slip in the three-month period ended 31 August despite an increase in revenue.
  • NewLead fixes newcomer
    Greece's NewLead Holdings says it has fixed a newly acquired eco-handysize on a short-term deal above market rates.
  • Teichert staying on
    German ship finance house Lloyd Fonds is keeping its CEO Torsten Teichert for another three years.
  • Deep Sea extends deals
    Norway's Deep Sea Supply has stretched two existing offshore vessel charters for up to four years with Brazil's Petrobras.
  • Crede selling FREE stock
    Crede Capital Group (CCG) has filed to sell a slice of Greek bulker owner FreeSeas' stock worth up to $2.975m.
  • AIS not enough
    A UK accident report has found that a German multipurpose was in collision with a barge off Dover because its watch officer was relying on AIS data, not radar.
  • Siem Offshore stronger
    Siem Offshore has posted a slight increase in its third quarter earnings on higher operating revenue.
  • Drifting ship towed
    A Dutch cargoship has been safely brought into port after losing power off Scotland.
  • TIL to buy back
    Tanker Investments Ltd has today issued a profit warning and laid out plans for a share buyback.
  • Daydreaming captain
    A captain of a ferry that ran aground two years ago was found to be "lost in his thoughts", a US Coast Guard (USCG) report said.
  • Harim eyes Pan Ocean
    Korean chicken processing group Harim is ready to bid for restructured shipowner Pan Ocean.
  • Wartsila earnings slip
    Finnish ship power group Wartsila has posted lower nine-month earnings despite stable revenue.
  • Hyundai Heavy faces strike
    Hyundai Heavy Industries (HHI) is facing its first strike in 20 years after unionised workers voted to walk out.
  • Zhao takes full control
    Titan Petrochemicals Group has seen its chief executive step down after less than seven months in the role.
  • Noble fixes Nordic newbuild
    Nordic Maritime has secured a five year time charter for its new DP2 IMR subsea vessel in a deal worth $70m.
  • Seroja bulker arrested
    Seroja Investments has seen a jointly-owned panama bulker arrested by a company thought to represent a Greek shipowner.
  • Global steel output stalls
    Levels of steel production in China remained unchanged from a year ago in September, as global growth ground to halt.
  • KSS in Itochu tie-up
    South Korea's KSS Shipping has agreed a seven year deal with Japan's Itochu Corp for the shipment of LPG.

American Shipperweb site
OCTOBER 23, 2014
  • L.A. port commission postpones vote on YTI expansion
  • COMMENTARY: Payment a two-way street
  • Construction begins on new Crowley conro ships
  • Changes made to Asia New Zealand Express
  • Long Beach port fills management positions
  • Dry-bulk shipments grow 23% at Redwood City port
  • Etihad, Avianca partner on Bogotá-Europe service
  • AirBridgeCargo experiences tonnage increase
  • United sees record profit in Q3
  • CEVA makes U.K. investment
  • FAA fines companies for hazmat violations
  • FIATA donates to Ebola relief
  • Ports of L.A., Long Beach see more ships at anchor

The Bunker Bulletinweb site
OCTOBER 23, 2014
  • Construction of Crowley's LNG-fuelled ConRo ships begins
    Vessels will be used on Puerto Rico trade route.
  • Fuel-saving technology provider named in clean tech list
    Eniram technology helped clients save $35 million in fuel costs in 2013, firm says.
  • IBIA welcomes compromise on bunker quality checks
    'The measures will improve the situation," says chief executive.
  • Fuel oil stocks down
    November arbitrage volumes expected to climb.
  • Fall in bunkering operations curtails port's income
    Loss of revenue linked to fewer bunkering calls at UK port.
  • New appointment at Glander
    Maurice Lara takes up post as a bunker and lubricant broker and trader.
  • Wartsila: Profit slips
    But revenue holds steady.
  • Low prices fail to stimulate demand
    Players in Chinese ports say ship operators have 'no intention' of stocking up.
  • Ferry operator expands service inside ECA waters
    'We are moving fast to capture the growth potential in the North Sea.'
  • Greek minister and LNG shipowners meet
    LNG as marine fuel was discussed.
  • OW Bunker posts quarterly loss
    Quarterly results 'disappointing', says CEO.
  • Russian refiner increases bunker production
    Output of bunker material in Q3 increased by 120%, says Bashneft.
  • Less efficient vessels 'capitalise' on falling fuel prices
    'Fuel efficiency benefits shrink as bunker prices drop.'
  • Titan Petrochemicals changes chief executive
    Current chairman of the board to take over.
  • Crude slips as US inventories rise
    Crude inventories increased to 377.7 million barrels last week.

›››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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