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Independent journal on economy and transport policy
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BRIEFS
September 25, 2014
Sched Netweb site
  • Fire fighters battle waterfront blaze 12 hours in Port of Los Angeles
  • OOCL warns of unspecified low sulphur bunker surcharge from January 1
  • New rotation of CMA CGM, CSCL, OOCL China-Oz/NZ service unveiled
  • Cargo bound for Libyan ports is banned by Abu Dhabi maritime authorities
  • Global Ship Lease announces deal to buy already chartered 8,063-TEUer
  • Drewry: Bulk reefer ships counter box ships with multi-purpose combis
  • Hong Kong's Kerry sets up JV with Australian-NZ logistics providers
  • Freight lobby says what's needed for US surface transport reauthorization
  • Shipbuilders compete for bigger and better containerships to cut fuel costs
  • OIA Global obtains majority ownership of TriMAX joint venture in Vietnam
  • IAG turns eight A330-200 options into orders, becomes all Airbus fleet
  • DHL opens US$4.4 million Leipzig logistics centre for pharmaceuticals
  • IATA economist sees rise in world air cargo market ahead of official report

Exim Indiaweb site
SEPTEMBER 24, 2014
  • 'High Fives' for Transworld Group's Shreyas & Balaji at MALA 2014
  • Apollo LogiSolutions acquires controlling stake in UAE-based Clarion Shipping Services LLC
  • Centre to provide duty-free fuel to coastal vessels
  • UASC & Hamburg Süd sign global cooperation agreement
  • Unique Global Logistics announces merger with BDP International
  • Budget announcements & policy initiatives by MoS expected to have favourable impact on cargo volume growth at Indian ports in long term: ICRA
  • Fuel-starved power plants may be hit by rakes shortage at Paradip Port
  • JNPT bags first prize under 'Indira Gandhi Rajbhasha Puraskar'
  • Govt reduces documentation in exports to ease biz
  • SC cancels almost all coal block allocations

International Transport Journalweb site
  • Scania starts cooperation with MAN
  • Tearing down hurdles for foreign pilots
  • Parcelcopters to the rescue
  • Waberer's places another massive truck order
  • LA and LB ports resume work as usual after fire
  • Liebherr-Aerospace opens new logistics centre
  • Management refresh at CMB
  • Transaero sees cargo volume rise
  • DB Schenker Rail UK topping UK field
  • Finnlines chooses Tilbury for new ro-ro service
  • OIA Global reinforces presence in Vietnam
  • Iden departs Hermes
  • Two new cool facilities in France
  • Collaborative aviation climate action
  • New intermodal partnership boosts long-haul CEE links
  • UASC and Hamburg Süd to cooperate

Marine Logweb site
SEPTEMBER 24, 2014
  • Aker Philly lays keel of first Crowley JV Jones Act tanker
  • Delta Subsea charters HOS Bayou
  • EU provides funding for tidal turbine project
  • McAllister Towing celebrates its 150th anniversary
  • Chouest signs LOI with Hyde for supply of BWTS
  • ABS gets $8.5 million MSC contract
  • Ingalls Shipbuilding authenticates DDG 114 keel

World Wide Shipperweb site
SEPTEMBER 24, 2014
  • BNSF Railway holding training for Washington first responders
  • Carriers announce port rotation for Asia/Australia/New Zealand run
  • Port of Cleveland set to add second monthly call to Europe
  • ATA truck tonnage index reports gains during August
  • Planning committee to discuss future of Troutdale Airport

Lloyd's Listweb site
SEPTEMBER 24, 2014
  • Court rules in Rotterdam's favour in terminal dispute
    Decision at last in legal battle between ECT and Dutch port after more than three years
  • Maersk Tankers is not for sale, but individual ships may go
    Englestoft says cost cutting will return the company to long-term profit
  • Evergreen switches Taranto's final intercontinental service to Piraeus
    But Taiwanese carrier will reassess move after completion of harbour deepening
  • Time to let off steam?
    Gains in fuel efficiency threaten to bring down the curtain on the steam turbine era in LNG shipping - but there are different views on how long it might take
  • Oriental Energy charters very large ethane carriers in Jaccar-backed deal
    Expanding Chinese gas player takes five ships on an annual rate of up to $24m apiece
  • Where are the biggest tanker owners putting their money?
    Top three biggest players are staying away from the shipyards
  • China Cosco splashes another $420m on fleet renewal
    Bulker orders follow last week's order for five boxships for $618m
  • Maersk Line to reintroduce SeaLand brand
    Liner operator ponders gas-powered newbuildings for 2017
  • UASC and Hamburg Süd agree global co-operation
    Deal takes Hamburg Süd to transpacific and Asia-Europe and UASC to South America
  • Seven product tankers fix new period charters
    Deals agreed in the last few days hint at more agreements to come
  • HMM appoints co-chief executive and completes $117m share offering
    Embattled company says new leadership will secure a quicker turnaround
  • IUMI 2014: MOL Comfort design not robust, claims DNV GL
    Conference hears rare public criticism of rival class
  • GasLog Partners launches fundraiser ahead of double drop-down
    Proceeds will help fund two BG-chartered LNG carriers
  • European shipowners warn against 'emptying' Brussels' port reforms
    Legislators are undermining an already-weak proposal, says Ecsa's Verhoeven
  • Zim and Seago join forces in east Mediterranean and the Black Sea
    New partnership plans two seasonal strings to Novorossiysk from November
  • Governments have their place in bulk port development
    Mining projects may stall without state backing, says KPMG infrastructure chief
  • Dynagas Partners to buy Yenisei River for $257m
    Unit holders to get hike in distributions after latest LNG carrier drop-down
  • Star Bulk races Knightsbridge to be the largest US-listed capesize owner
    Battle of the big bulkers pits Greek against Norwegian

Sea-webweb site
SEPTEMBER 24, 2014
  • Latest US release highlights plight of maritime hostages
    The reported release of US journalist Michael Scott Moore, taken hostage by Somali pirates some two years ago, has highlighted the continuing plight of 37 maritime hostages still held by Somali pirates - some for over four years. This year marks the four-year anniversary of 11 of the hostages - the
  • Damen signs SeaZip FCS pair order
    Dutch shipbuilder Damen Shipyards has signed a contract with the returning Netherlands-based SeaZip Offshore Service for two Twin Axe Bow designed Fast Crew Supply (FCS) 2610 vessels. The two newbuildings will be built at Damen Shipyards Singapore and are to be named SeaZip 3 and SeaZip 4 with
  • China COSCO places newbuild orders
    China COSCO Holdings has placed orders for six Kamsarmaxes and four Newcastlemaxes at Chinese shipyards operating as part of the China State Shipbuilding Corporation (CSSC). The six Kamsarmax newbuilds will cost an aggregate of $188.9M, with the costs of the four Newcastlemaxes being $231.6M, a
  • Hamburg Süd enters east/west trades
    North-south container line Hamburg Süd is making a foray into the major east-west trades on the back of a wide-ranging slot exchange pact with the United Arab Shipping Company (UASC). The companies announced today (24 September) that they have signed a global co-operation agreement that will grant
  • Court rejects compensation claim by ECT
    A Rotterdam court has rejected a compensation claim from Europe Container Terminals (ECT). According to ECT, the building of two competing terminals on the new Maasvlakte 2 port extension would result in overcapacity and it demanded compensation equivalent to $1.15Bn. The court ruled that the port
  • Private equity firms exit from shipping investments
    Several private equity investors have exited from their shipping investments as asset values have increased by 30% year-on-year. Gulf Capital exited its stake in Gulf Marine via a $112M listing on the London Stock Exchange. Greenbrier Equity also executed a $140M listing of Ardmore Shipping in New
  • Court seizes $4.3M of Jiangsu Rongsheng assets
    Jiangsu Rongsheng HI, a key subsidiary of China Rongsheng HI (RSHI), has had assets worth CNY26.5M ($4.3M) seized by a court following a dispute with a Chinese supplier of marine materials and spare parts. On 28 August, the Wuhan Maritime Court ruled that these assets of should be seized following
  • Saiki secures Mitsubishi bulker order
    Japanese shipbuilder Saiki Heavy Industries has won an order for a 60,000dwt bulk carrier from its compatriot ship-owner Mitsubishi Corporation. The newbuilding will have an overall length of 199.9m, beam of 32.26m and a depth of 18.5m with delivery scheduled for December 2017. It will be Panama
  • Tsuneishi wins orders for 11 Kamsarmax bulkers
    Japan's Tsuneishi Shipbuilding has won orders for 11 Kamsarmax bulkers from seven different owners with all the vessels to be built at its Fukuyama yard. Six domestic owners have ordered the 81,600dwt vessels. The orders include two each from ITOCHU Corp, Santoku Senpaku, Mitsubishi Corporation and
  • SHI develops vaporiser for FSRU
    Samsung HI (SHI), the world's second-biggest shipbuilder, has co-developed a regasification vaporiser with a local manufacturer, Sewon Cellotech for liquefied natural gas floating storage and regasification units. The regasification vaporiser, which converts LNG to natural gas, is a core equipment
  • HMM secures $113M in foreign investment
    Hyundai Merchant Marine (HMM) said today (24 September) that it has secured KRW117Bn ($113M) in funding from a foreign investor. HMM, South Korea's second-biggest shipping company, has been continuing its search for foreign investment as part of plans aimed at reducing its debt ratios. HMM will
  • Two CEOs for HMM
    South Korea's Hyundai Merchant Marine (HMM) has appointed Lee Paik Hoon as its co-CEO. Lee is the internal affairs director of HMM and head of the strategy and planning department at HMM's parent company Hyundai Group. HMM now have two chief executives - the existing CEO Lee Seock Dong and Lee Paik
  • Pirates board tanker in Strait of Malacca
    A tanker vessel was boarded by six armed pirates en route to Yangon, Mynamar, on Monday in the Strait of Malacca, reported ICC Commercial Crime Services (CCS). The attack took place approximately 34nm southwest of Phuket Island, Thailand, in the early morning of 22 September, according to the
  • SBI Offshore gets $12.78M investment
    Singapore-listed SBI Offshore obtained SGD16.2M ($12.78M) from a share placement with four new investors, including Malaysian businessman Mirzan Mahathir. The company said that it had entered into subscription agreements to place a total of 62M new SBI Offshore shares at $0.2083 each. Mirzan
  • Asian bourses offer shipping capital too
    Deal sizes for shipping-related bonds in the US and Norway may far exceed those in Asia, but this must be viewed from the perspectives of shipping segments and marketing. Speaking at the Marine Money Asia Week in Singapore today, HSBC's transport head Jon Connor noted that just 7% of shipping

The Journal of Commerceweb site
SEPTEMBER 24, 2014
  • Southern California Pressure Cooker
    When the Alameda Corridor container rail route into and out of the Los Angeles-Long Beach port complex opened in 2002, it was not anticipated retailers and other importers increasingly would avoid shipping ocean containers inland by rail - the corridor's reason to exist - and instead transload imports into domestic...
  • Ports, roads and railways targeted in Indian infrastructure updates
    All 12 major Indian ports will become connected to railroads, which will also connect major factories and inland waterways, the union minister of road transport and highways and shipping, Nitin Gadkari, said today. India TV News reported that Gadkari, speaking at an event hosted by the Confederation of Indian Industry, promised...
  • US retail holiday sales expected to top last year's growth
    On an improved macroeconomic backdrop, U.S. retail holiday sales growth this year is expected to top that of last year, putting increased pressure on logistics and parcel delivery companies. According to financial advisory firm Deloitte's annual holiday sales forecast, U.S. retail holiday sales are expected to climb 4.0 percent to 4.5...
  • 'K' Line de-emphasizing container shipping
    As "K" Line's container shipping business hovers at break-even, the company says it will focus on growing other shipping segments while cost-cutting to keep its container business viable. "K" Line made $161.7 million in profits in its fiscal year through March 2014, but the company noted in its annual report, released...
  • Truck tonnage, pricing show signs of fall peak
    Truck tonnage rose to a record high in August, while intermodal and truckload pricing saw continued strength, signs that intermodal rail and trucking are ramping up for their fall peak seasons. Cumulative demand for construction and factory output helped drive U.S. truck tonnage to a record high in August, according to...
  • Truckers have it good and should stop complaining, expert says
    Truckers and intermodal operators may be pessimistic by nature, but capacity is tight in both sectors, freight is growing faster than gross domestic product, and rates are on the rise. So it's time for overland carriers to "stop complaining," Noel Perry, a trucking economist and managing director of FTR Associates,...
  • Difficult trading conditions spur TNT Express profit warning
    TNT Express today issued a profit warning for 2015 because of tough trading conditions in Europe. The Dutch express delivery company also said it is making a 50 million euros ($64 million) provision in the third quarter linked to a French antitrust investigation into alleged anti-competitive behavior in the French parcel...
  • Maersk to spend $3 billion a year on new ship orders
    Maersk Line plans to invest $3 billion a year for up to five years to order ships with a combined capacity of 425,000 20-foot-equivalent units for delivery between 2017 and 2019, enabling the world's largest carrier to grow with the market. "By 2017, we will need new capacity, and we need...
  • Hamburg Sud, UASC sign global cooperation deal
    Hamburg Sud and United Arab Shipping Co. have signed a global cooperation agreement, paving the way for the German carrier to enter into the Asia-Europe and trans-Pacific trades and for its partner to establish a foothold in the fast growing South American market. "The agreement came after a series of discussions...
  • New Maersk SeaLand brand on track for January launch
    Maersk Line's revived SeaLand brand will be ready to launch early next year to capture intra-Americas trade and grow its market share on the north-south routes, CEO Soren Skou said at the carrier's Copenhagen headquarters today. Addressing analysts and reporters at the Danish carrier's Capital Markets Day, Skou said the new...
  • Canal expansion to affect car-truck carriers
    Expansion of the Panama Canal will cause operators of pure car and truck carriers mimic container lines by building larger ships and cascading smaller ones to secondary markets, says consulting group Maritime Strategies International. Owners and shipyards "have been quick to seize the opportunity to develop new vessel designs intended to...
  • Fire 'snuffed out' at Port of Los Angeles; operations normal [Updated]
    [Editor's note: Updated on 9/24/2014 at 10:00 a.m. Eastern time] Container handling at the ports of Los Angeles and Long Beach was back to normal for Wednesday's day shift as the Los Angeles Fire Department declared Tuesday's fire at the Pasha breakbulk terminal to be completely snuffed out. Longshore workers had returned...
  • Drewry: Trans-Pacific spot rates continue freefall
    Three straight weeks of major spot rate drops have pushed trans-Pacific rates below $2,000 per container for the first time in seven weeks. Drewry's benchmark spot rate from Hong Kong to Los Angeles dropped to $1,874 per 40-foot container this week.Drewry's benchmark spot rate for 40-foot containers heading from Hong Kong...
  • 2M in compliance with European regulations
    Maersk Line and Mediterranean Shipping Co. have completed the self-assessment of their proposed "2M" vessel-sharing agreement for European regulators, ensuring compliance with European Union law. Unlike in the U.S. and China, the two largest global container lines can launch their massive VSA immediately in Europe. There is always the possibility, however,...
  • Huge China investment opens doors for logistics developer GLP
    HONG KONG - Global Logistic Properties has completed the second and final tranche of its $2.5 billion agreement with a group of state owned companies and financial institutions in China that gives the company greater access to strategic property sites in one of the world's fastest developing markets. The consortium now...

TradeWindsweb site
SEPTEMBER 24, 2014
  • Tanker tied to Chile spill
    An Empire Navigation-controlled products tanker suffered a minor spill at Chile's port of Quintero.
  • Carnival estimates rise
    Susquehanna Financial Group hiked its earnings expectations for Carnival a day after the cruise giant reported a better-than-expected third-quarter profit.
  • GasLog MLP prices offer
    GasLog Partners has priced a new share offering at a 4% discount to yesterday's closing price.
  • Aasen buys two
    Norway's Aasen Shipping has bought two 2006-built multipurpose ships from Dutch shipowner Wagenborg Shipping.
  • Anek ferry leaves Libya
    A Greek ferry that made headlines earlier this month for being used as a floating refuge for Libyan citizens and politicians has left the war-torn country and is returning to Greece.
  • UASC-Sud link-up
    Germany's Hamburg Sud is linking up with United Arab Shipping Company (UASC) in a global deal that will allow them to enter new trades only weeks after the Middle Eastern line joined the Ocean Three alliance.
  • Maersk plots $15bn upgrade
    Maersk Line is planning feet investments totalling $3bn a year over five years.
  • Hellenic takes NEL's route
    Hellenic Seaways will pick up the baton from NEL Lines in Greece's north Aegean region, after the latter had its licence shredded by the government two weeks ago.
  • FreeSeas sells again
    Greece's FreeSeas has confirmed the sale of its second bulker in a week as it continues to pay off bank debt.
  • Twin CEOs for HMM
    Hyundai Merchant Marine (HMM) has created a new management system to divide up the responsibilities of its top job.
  • Minerva cuts new turf
    A pioneering aframax fixture from Canada to Europe has raised hopes of a new trade for the tankers.
  • Shippers wary of 2M
    The European Shippers' Council (ESC) has raised concerns about the new mega-alliance between Maersk and Mediterranean Shipping Company (MSC) which is scheduled to commence in January.
  • Bulker freed in Parana
    A Maltese kamsarmax has been refloated four days after grounding in Argentina.
  • SeaZip adds two
    Netherlands' SeaZip Offshore has signed a contract for the construction of two fast crew suppliers (FCS) at Damen Shipyard Singapore.
  • Swallow your ego
    Shipowner Emanuele Lauro has urged peers to put ego to the side when it comes to takeovers that could prove beneficial to the industry.
  • Cosco orders 10 more
    China Cosco Holdings Co (CCHC) has followed up a big boxship order with another deal for 10 new bulkers worth $420.48m.
  • Fredriksen flexes muscles
    Fresh from almost completely selling out of Golar LNG, John Fredriksen has backed start-up Flex LNG by buying another $19m slice of its shares.
  • Ezra eases EOC deal
    Singapore's Ezra Holdings has agreed with EOC that most of the cash for a recent consolidation deal will be paid on a deferred basis.
  • HMM banks share cash
    South Korea's Hyundai Merchant Marine (HMM) has raised KRW 117bn ($112.5m) by selling new shares.
  • ABG presses on
    India's restructured ABG Shipyard is to complete and sell six delayed anchor-handlers cancelled by Shipping Corp of India (SCI).
  • Cahuzac pockets shares
    Oslo-listed offshore giant Subsea 7's CEO Jean Cahuzac has been awarded shares worth nearly $1m for meeting performance targets.
  • SDLP plans share sale
    Seadrill Partners is the latest maritime master limited partnerships (MLP) to launch a fresh round of fund raising.
  • Bahri names new CEO
    Saudi tanker owner Bahri has named Ibrahim Abdulrahman al-Omar as its new chief executive.
  • No Russian impact
    Viking Supply Ships says European Union and US sanctions against Russia are not expected to have any immediate impact.
  • LA port back on-line
    The Port of Los Angeles was set to resume full operations last night following a fire that broke out on Monday.
  • GasLog MLP preps offering
    GasLog Partners is preparing a sale of shares to help pay for the purchase of two LNG carriers from its parent.

American Shipperweb site
SEPTEMBER 24, 2014
  • Fire closes terminals in Los Angeles Long Beach
  • TNT reduces guidance, settles anti-competitive inquiry
  • Three dead at Alabama UPS facility
  • Emirates SkyCargo rolls out new cool-chain product
  • DOJ allows agreement between chassis providers
  • U.S. government steps up Great Lakes restoration effort
  • U.S. Bank extends trade finance product into Europe
  • EPA honors shippers for green transport efforts
  • Llamasoft partners with CLX
  • United Arab Shipping and Hamburg Süd form alliance

The Bunker Bulletinweb site
SEPTEMBER 24, 2014
  • Brightoil revenue, profit surge
    International trading and bunkering division key to firm's bottom line.
  • Gazprom: 2015 exports, gas price 'no worse than this year'
    Firm's oil arm delivers second tanker of oil taken from Arctic field.
  • Maersk Line looks to slow steaming for further cost cutting
    'In a market where rates decline,lowest costs win,' says CEO.
  • China Merchant boosts fleet efficiency with antifouling coatings
    Technology helps save energy and reduce emissions, firm says.
  • INEA commissions second LNG-powered inland vessel
    Vessel to be used as part of LNG Masterplan project.
  • ECAs to cost Maersk £200 million a year
    Cost will come under overall newbuilding programme, says CEO.
  • Rotterdam: Tight avails for RMK 500
    Supply should improve in second half of next month.
  • California on course to record number of engine blackouts
    Numbers have surged since switching to distillates became mandatory.
  • Hong Kong welcomes Shenzhen green initiative
    Chinese port is going ahead with moves to encourage ship operators to use low-sulphur fuel at berth.
  • Controlling fuel bill 'key to savings'
    'Buying better' a good strategy, says consultant.
  • Bunker player outlines plans to upgrade floating storage
    Vemaoil wants to make better use of Gibraltar's Detached Mole.
  • Dubai mulls LNG bunkering
    Emirati gas authority expresses interest in new market.
  • Vale 'hoping' to convert VLOCs to run on LNG
    In effort to further improve vessels' performance, says Director of Strategic Planning.
  • India to lift bunker taxes for coastal shipping
    Government issues 'quick decision' on policy change.
  • Analyst: Scrubber installations to rise in long run
    Coping with ECA regulations shouldn't be too difficult.
  • Charges against Malaysian bunker player dropped
    Charterer not responsible for vessel's activities in Malaysian code.
  • Marine insurer advises members to review MFM rules
    Bunker Surveyors still play an important role in operations, says Gard.

›››File
FROM THE HOME PAGE
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
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%.
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
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
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