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Independent journal on economy and transport policy
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BRIEFS
February 28, 2014
Sched Netweb site
  • Maersk group profit off 6pc to US$3.7 million, but box earnings up 3 fold
  • Mitsubishi yard won't take blame for MOL Comfort splitting, sinking
  • Trans-Pacific Partnership Singapore talks end without appreciable gain
  • Matson 12pc profit decline attributed to false claim court settlement
  • China bullish in maintaining similar pace of growth in trade in 2014
  • Non-union truckers strike over Vancouver's 2-3 hour wait time in port
  • Long awaited top 10 container port rankings in China revealed
  • Maersk container laden with cigarettes washes ashore in East Devon
  • Dalian bonded zone Sino-Japanese cold storage unit starts operations
  • Hutchison signs mega-player consortium for intra-Asia loop from Sydney
  • Overcapacity stalls rate rebound till year's end: Rickmers Maritime
  • CMA CGM launches first container service between Hamburg and Black Sea
  • Big night out ends in death for two Maersk security contractors
  • China's January waterway traffic up 5.6pc, road freight rises 9.3pc
  • Anhui simplified customs rules now extended to 467 local enterprises
  • Azerbaijan, Estonia, Qatar approve use of digital nautical publications
  • Cathay, HK Chamber of Commerce welcome measures in budget speech
  • China Eastern cargo slips 0.8pc in January to 116,780 tonnes
  • Changi Airport air cargo rises 3.8pc in January to 151,400 tonnes
  • Korean Air code shares with Air Tahiti Nui on the Seoul-Papeete route
  • United to fly Dreamliners LA-Melbourne 6 times weekly in October
  • China Southern offers discounts to Oz-NZ Canton Trade Fair delegates

Exim Indiaweb site
FEBRUARY 27, 2014
  • ...triples 2013 profit
  • IIFF launches 6th batch of IIFF-FIATA Diploma Course in Freight Forwarding
  • India Ratings assigns stable outlook to logistics sector for FY15
  • Maersk commences new alliance linking Far East to Indian Subcontinent
  • Maersk Group gets permanent licence to operate container business activities in Myanmar
  • P3 alliance may get US FMC approval next month
  • Panama Canal expansion work resumes
  • UK P&I Club announces a positive 2014 renewal
  • Handicraft exports up 39.7 pc in Jan.
  • JNPT Board approves PSA bid for fourth container terminal
  • Renamed Kamarajar Port (formerly Ennore Port) set to award key projects
  • Work on Ennore Port LNG terminal likely to commence soon
  • AAI to develop seven airports in UP
  • APM Terminals Inland Services, South Asia helps local truckers & communities
  • Govt to review export duty on iron ore pellets
  • USIIC & Ficci successfully conduct US-India export control workshop in Ahmedabad

International Transport Journalweb site
  • Plan to be forged for Khalifa Port railway terminal
  • Maersk "pleased" with 2013 despite decreased revenues
  • Reshuffle at Japan Airlines
  • Green light for 33 railfreight projects in Pennsylvania
  • Cathay Pacific Cargo to fly to Mexico City
  • Imperial acquires Nigerian pharmaceutical distributor
  • Bremen ports with lower throughput in 2013
  • Pallet-Track opens hub in Scotland
  • Dnata launches line maintenance services
  • Goldhofer's "Faktor 5" goes to South America
  • Switzerland to standardise road and railway financing
  • New link between Antwerp Gateway and Duisport
  • New appointment for Jungheinrich UK
  • Eine Stahlbüchse verändert die Welt
  • Das Vertrauen kehrt zurück
  • Volga-Dnepr completes 1,100th oil and gas flight

Marine Logweb site
FEBRUARY 27, 2014
  • Bid protests mean suspension of OPC contract work
  • BC Ferries orders cable ferry
  • Sure Wind takes delivery of second Damen newbuild
  • February 27, 2014 Schettino returns to Concordia "as a defendant"
  • Crowley promotes Scott Hoggarth
  • Commandant delivers his final State of the Coast Guard address
  • Sembcorp Marine books jack-up, drillship orders

World Wide Shipperweb site
FEBRUARY 27, 2014
  • Coast Guard responds to vessel grounded near Astoria Anchorage
  • Foss Maritime joining group researching hydrogen fuel cell
  • U.S. teaming with Canada for new truck inspection program
  • Oregon Air National Guard Fighter Wing names Port of Portland top employer
  • Crowely taps Scott Hoggarth as ship assist/tanker escort VP

Lloyd's Listweb site
FEBRUARY 27, 2014
  • Company results round up
    Free to read: Keep up to date during earnings season with our daily summary of financial reports
  • Cash rich Maersk calls for realistic box trade forecasts
    EXCLUSIVE: Ordering new ships not the solution for weaker players, Maersk boss warns
  • Aegean Marine Petroleum lifts profits in 2013
    Sales fall but bunker provider sees signs of stronger market this year
  • 'Our charterers need our ships', says D'Amico's Fiori
    But the Italian product tanker boss sees challenges on the horizon
  • Avance Gas beats expectations as VLGCs pull in robust rates
    Average earnings of $43,200 per day
  • Shipping finds funding from new sources
    Norton Rose Fulbright survey reveals improved industry optimism
  • A victim of its own success
    Maersk expects 2014 result to match 2013 but that guidance hides a brilliant performance
  • Maersk includes tankers in its core strategy
    Does this signal a turnaround for a division now focused only on the product segment?
  • MSC closes in on Maersk as the Danish line curbs its fleet expansion
    The battle to improve boxlines' balance sheets shifts to vessel utilisation
  • Maersk share price slips as company issues cautious outlook for 2014
    But analysts say the market may perform better than predicted
  • Tax settlement pushes Vale to a record quarterly loss
    Brazil miner sells less iron ore to China and predicts 'less buoyant' steel industry demand
  • Frontline 2012 targets New York capesize listing
    Forming a 'cape-yield', low leverage company will tap stronger dry bulk fundamentals
  • D'Amico moves into the black
    Italian product tanker owner sees strong signs of improvement for product tankers
  • Taking stock of SOx
    Free to read: Lloyd's List's sulphur survey seeks opinions from across the maritime industries
  • Maersk Line profits soar but parent group's bottom line stays flat
    Liner business has reaped the rewards of its efficiency drive
  • Yangzijiang poised for foray into ultra-large boxships and VLGCs
    Chairman Ren 'confident' yard will be invited to bid for future 13,000 teu-16,000 teu orders
  • Pacific Basin Shipping ends 2013 with a $1.5m profit
    Strategic priority for 2014 is to selectively acquire handysize and handymax ships
  • RBS reports a four-fold increase in shipping impairments to $567m
    Bank posts record losses and has halved its lending to the Greek market in a year
  • Safe Bulkers wins $32m arbitration award for cancelled capesize
    New York-listed owner unveils better than expected fourth-quarter results
  • STX O&S issues $1.8bn new shares to creditors
    Cash-strapped yard launches another round of debt-to-equity swaps
  • APM Terminals posts 9.8% rise in net profits
    Parent AP Moller-Maersk forecasts above-market growth and better productivity
  • Frontline 2012 maintains its focus on fuel-efficient newbuildings
    Company is bullish about opportunities for the crude tanker segment
  • Damco reports in the red for 2013
    Ocean freight volumes decline compared with overall market growth
  • Maersk Line profit driven by better fleet utilisation, says Andersen
    Capacity up just 0.2% despite cargo growth of 4.1%
  • Transatlantic seeks additional cash to continue restructuring
    Swedish offshore and shortsea firm seeks further rights issue as volumes continue to fall
  • Frontline shrinks its fourth-quarter loss
    Improved rates environment could evaporate with capacity increases, says tanker operator
  • Finnlines reports deeper pre-tax losses
    But positive tax effects flatter ro-ro outfit's income statement
  • Toepfer sees mood lifting in Hamburg
    Free to read: Ship finance conference comes at time when bargains abound

Fairplayweb site
FEBRUARY 27, 2014
  • Maersk Line trebled profit in 2013
    Maersk Line more than trebled its net profit, to $1.5Bn in 2013 from $461M in 2012, thanks to network efficiencies that reduced unit costs and lowered bunker prices
  • Frontline 2012 open to investment
    Commodity shipping company Frontline 2012 has left the door open to increase its exposure to the crude oil tanker market on the back of a recovery in freight rates
  • Frontline optimistic for 2014
    Frontline, the listed VLCC and Suezmax operator in John Fredriksen's business empire, says that the recent rise in freight rates should give better operating results in 1Q14
  • Frontline 2012 targets Capesize listing
    Frontline 2012 says it targeting a New York listing of its Capesize business by the 3Q of 2014
  • Maersk Line expects $1.5Bn profit in 2014
    Maersk Line, the container shipping unit of the A.P. Moller-Maersk (APM) Group based in Copenhagen, expects to repeat the $1.5Bn net profit it achieved last year in 2014
  • Better infrastructure tops rail priorities
    Volumes of cargo carried by rail are expected to increase during the next two to three years, according to a survey issued by law firm Norton Rose Fulbright
  • Survey predicts shipping skills crunch ahead
    Shipping companies do not regard investing in employee skill levels as a priority, despite widespread concern over the shortage of suitably skilled employees across the transport sector, a survey has found
  • BW Offshore raises NK750M
    BW Offshore, the Oslo listed floating production, storage and offloading (FPSO) unit operator, said in a statement that it has raised NK750M ($129M) through an issue of five year bonds
  • Antwerp finishes rail cargo tunnel
    The port of Antwerp has completed work on a rail freight tunnel connecting the left and right banks of the River Scheldt

The Journal of Commerceweb site
FEBRUARY 27, 2014
  • 100 Percent Container Scanning for US-Bound Cargo Remains Elusive
    WASHINGTON - The U.S. Department Homeland of Security has until July to meet a federal mandate requiring all U.S.-bound containers to be scanned at nearly 750 foreign ports. DHS isn't going to make it. Instead, Congress will likely grant the agency an extension like it did in 2012, when it gave...
  • YRC Worldwide Cuts 2013 Loss to $83.6 Million
    With a new five-year labor contract in place and five years until long-term debt comes due, YRC Worldwide is prepared to focus on improving service, lowering cost and balancing the network at struggling long-haul subsidiary YRC Freight. As of today, YRC Freight has a new president, Darren Hawkins, formerly senior vice...
  • Maersk Profit Drops in Fourth Quarter, But Triples for Full Year
    Maersk Line today posted a lower profit for the fourth quarter of 2013, but its full-year profit tripled, thanks to higher volumes and steep cost cuts, which offset lower freight rates. The world's largest container line earned a fourth-quarter profit of $313 million, down 6.5 percent from $335 million in the...
  • Technology Helps Combat Effects of Slow-Steaming on Perishables
    Container carriers and shippers of refrigerated cargoes, facing slower transit times and more distant markets, are looking to high-tech solutions from container manufacturers. "Some of our customers are asking for more technology to help offset longer transit times," said Jim Taekens, senior product manager for Carrier Transicold. "I think it is...
  • Seattle, Tacoma Container Decline Contrasts With Virginia's Growth
    Port of SeattleThe ports of Seattle and Tacoma saw year-over-year drops in container volumes in January, while the Port of Virginia recorded a 5.4 percent gain in TEU traffic, led by "strong" exports. Ports of Tacoma and Seattle Combined container volume at the ports of Seattle and Tacoma fell 10.6 percent in...
  • Houston Port Prepares for Anticipated Growth in Volume
    Port of HoustonHouston has a problem, but it's a good one to have. The biggest challenge for the Gulf of Mexico's dominant container port may be expanding its facilities quickly enough to stay a jump or two ahead of demand. "We've had shippers come to our office and ask if we'll...
  • Chassis Chokepoints
    It would be a convenient story line to link one of the major reasons for this winter's gridlock at the ports of New York-New Jersey and Los Angeles-Long Beach to deficiencies in infrastructure. But the topic that yielded seaports a rare mention in last month's State of the Union address...
  • Shippers to See New Standards for Better Container Visibility
    While large ocean shippers can get information about where their containers are on the high seas or elsewhere in their supply chains through electronic data interface with their ocean carriers, small shippers who don't have EDI are often left in the dark. That may be changing now that INTTRA, the multi-carrier...

TradeWindsweb site
FEBRUARY 27, 2014
  • Bearish on exports
    Seacor Holdings is betting that the United States will not export its crude, the ship owner's chief executive said today.
  • Jack Frost bites Aker Philly
    Aker Philadelphia Shipyard is firing on all cylinders following an avalanche of newbuilding orders but a recent series of powerful snowstorms has proven problematic for one of its projects.
  • Grounding probed in US
    The US Coast Guard is investigating the brief grounding of a handysize bulker in Virginia's Elizabeth River.
  • Genco 'another Torm'?
    New York-listed Genco Shipping & Trading could end up looking like Danish products tanker owner Torm as a result of its restructuring negotiations, a bankruptcy lawyer projected today.
  • Subsea boosts Dof
    Norwegian offshore vessel owner Dof enjoyed a bumper end to 2013 thanks to its subsea division.
  • Grimaldi gets its right
    Finnish ro-ro owner Finnlines has returned to profit in the fourth quarter under the leadership of new CEO Emanuele Grimaldi.
  • SFL deletes duo
    Ship Finance International has pulled the plug on two containership newbuildings under construction in China, it announced today.
  • Bergen back in business
    Bergen Group is seeing a reversal in financial fortunes as its deep restructuring begins to pay off.
  • Taxman aids Solvang
    A tax gain has helped gas carrier owner Solvang to a better profit in the fourth quarter.
  • d'Amico set for resales
    d'Amico International Shipping is set to enter the market for products tanker resales.
  • Eidesvik hit by forex swing
    Currency swings have blotted Eidesvik Offshore's fourth quarter and final year earnings report.
  • This one's for you
    AP Moller-Maersk CEO Nils Andersen has revealed the group's big share giveaway is a means of allowing employees to invest by lowering the price.
  • Avance in final flourish
    A strong showing from its VLGCs has seen Avance Gas record a vastly improved fourth quarter profit.
  • RBS shipping impairments hit $567m
    Royal Bank of Scotland (RBS) has revealed a steep increase in shipping impairment losses for 2013.
  • Bonheur turns red
    Olsen family holding company Bonheur has posted a loss in the fourth quarter as depreciation and impairment charges increased.
  • RABT pain goes on
    Shares in Rederi AB TransAtlantic tumbled today after the Swedish shipowner announced another share sale and further job cuts amid deep losses.
  • Wilson turns it around
    Norwegian mini-bulker owner Wilson has returned to profit in the fourth quarter as currency exchange gains boosted its result.
  • Pac Basin's $800m binge
    Pacific Basin Shipping splashed out $800m on fleet expansion in 2013 as the dry cargo market endured its worst year since the mid 1980s.
  • Grindrod earnings jump
    South African shipowner has seen net earnings rise for 2013 despite a fall in revenue.
  • Investments drive Milaha
    Stock market investments propelled Qatari shipowner Milaha to a 14% jump in profit last year.
  • Schettino back on board
    Former Costa Concordia captain Francesco Schettino is returning to the wreck of the cruiseship off Italy for the first time as his manslaughter trial continues.
  • Still red, no warning
    Frontline has reported a worse than expected loss for the fourth quarter but the picture is looking brighter for the tanker owner.
  • ITC posts deeper loss
    Independent Tankers Corporation (ITC) fell to a deeper loss in the final leg of 2013 despite higher revenue as costs rose.
  • Ross defends funds
    Critics are off base in blaming private equity for inflating newbuilding orders and threatening market recovery, billionaire Wilbur L Ross claims.
  • FRNT warms to crude
    John Fredriksen's flagship company Frontline 2012 has expressed an interest in expanding its crude tanker portfolio for the first time having amassed a huge orderbook in other sectors.
  • Stena buys Celtic Ferries
    Sweden's Stena Line has bought the Irish Sea ro-pax operator Celtic Ferries.
  • Maersk in bonus bonanza
    Danish owner AP Moller-Maersk is preparing to reward investors with a massive stock hand-out.
  • AP Moller-Maersk earnings cut
    Danish shipping giant AP Moller-Maersk has seen net profit chopped by 6% in 2013.
  • Hapag eyes intra-Asia
    Hapag Lloyd is due to launch a new Japan - Singapore - Jakarta (JSJ) liner service from the middle of next month.
  • Sweet spot for Swiber
    Swiber Holdings has reported record revenue and net profit for the second consecutive year-running.
  • Yangzijiang profit eases
    Yangzijiang Shipbuilding has seen its fourth quarter profit decline by 8% amidst the challenging operating environment for Chinese yards.
  • RIG opts for Sembmarine
    Transocean has opted for Singapore's SembCorp Marine for its multi-billion dollar drillship newbuilding spree.
  • Aegean profit doubles
    Aegean Marine Petroleum has seen its fourth quarter 2013 profit come in more than double that of a year ago.
  • Safe beats Street
    Safe Bulkers reported a fourth-quarter profit Wednesday that topped most Wall Street forecasts.

American Shipperweb site
FEBRUARY 27, 2014
  • Maersk Group boosted by container shipping, terminal units
    The A.P. Moller-Maersk Group, helped by strong performance from its Maersk Line container shipping business and APM Terminals business, reported a profit of $3.78 billion in 2013, down from $4 billion in 2012.
  • INTTRA, GS1 US announce collaboration
    INTTRA announced today that it will collaborate with GS1 US, an information standards organization, to develop and implement containerized shipping data exchange guidelines for supply chain and logistics.
  • CargoSphere to release SUDS 2.0
  • Desiccant maker Clariant keeps cocoa beans dry
  • Cathay Pacific adds cargo service to Ohio
  • MacGregor buys Deep Water Solutions
  • Soy shippers explore political fix for Highway Trust Fund
    The Soy Transportation Coalition thinks it might have a solution for overcoming the political fear in Washington of raising taxes: addition by subtraction.
  • Obama floats transport plan, Rep. Mica slams bigger gas tax
  • DOT now receiving applications for TIGER funds
    Congress included the Transportation Investment Generating Economic Recovery (TIGER) money, a 20-percent increase from last year's $474 million appropriation, in the omnibus spending bill for the current fiscal year.
  • Parra named CEO at DHL Express
  • DHL adds to aftermarket services
  • Redwood City port signs on Boxer Industries
  • Schneider selling nearly 6,000 trailers
  • Echo buys Comcar Logistics
  • Executive moves

The Bunker Bulletinweb site
FEBRUARY 27, 2014
  • Bunker prices head down in Fujairah
    IFO prices flat in Suez.
  • Prices rise across Europe
    LS product remained tight in Rotterdam, according to reports.
  • Maersk: Cutting emissions makes economic sense
    Saving fuel works economically and environmentally, says carrier.
  • Maersk fears unfair competition from lax 2015 policing
    Tougher sulphur regs need enforcing to make them work.
  • ARA supplier: Target cargo traders and refiners to improve quality
    Says the cargo traders market relies on for product push specifications to the absolute limit.
  • Trader quits Lukoil
    Exit is from company's Rotterdam office.
  • Charleston backs shore power
    Residents say Carnival ship main source of air pollution.
  • Major survey shows growing optimism in shipping
    Expectation of better freight rates ahead as more funds become available for investment.
  • Maersk Line yearly profits soar
    Lower bunker prices and consumption helped lift profits.
  • Asian bunker market softening
    Prices falling across region's key trading hubs.
  • Bunker tanker to undergo repairs
    Tanker currently operating in Bulgaria.
  • US consortium to examine use of lightweight metal in shipbuilding
    Research partly funded by US government.
  • Shipping firm to test fuel cell system
    System aimed at ship in port.
  • Fijian government to triple bunker levy
    Move aimed at foreign fishing vessels.
  • 'Fuel efficient' vessels chartered before launch
    Bulkers to be built at Chinese shipyard.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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