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Independent journal on economy and transport policy
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BRIEFS
February 16, 2015
Sched Netweb site
  • Asia-Europe rate off 5.1pc to US$1,003/TEU, transpac up 1pc to $2,265/FEU
  • NOL widens loss 241pc to US$260 million, APL narrows its loss 64pc
  • Leftist Greek regime intends to stop 'crime' of privatising ports
  • Crew repulses pirates in the Gulf of Aden, Indian Navy assists
  • Maritime and Port Authority of Singapore revokes bunker supplier licences
  • Maersk containership docks again at New Orleans with new 2M service
  • Register for Goodman Interlink Magic Mile Charity run March 22
  • Global air freight rises 5pc in 2014, ACI data shows
  • New logistics hub opens at Dallas-Fort Worth International Airport
  • French Customs seize 19,000 seahorses bound for Hong Kong

Exim Indiaweb site
FEBRUARY 13, 2015
  • Adani Hazira Port & JBS Academy conduct training for Customs brokers' staff
  • Allcargo Logistics registers impressive increase in PAT for Q3 & nine months
  • AMTOI Day 2015 celebrated
  • BCHAA Knowledge Series seminar on Feb. 19
  • CMA CGM to induct 'connected' containers
  • Direct service from Cochin to Middle East inaugurated
  • ICS updates Flag State performance table
  • MoS eliminates DGS registration requirement for ship repair units
  • SCI registers profit for 4th consecutive quarter
  • Shashi Kiran Shetty awarded the highest civilian honour by the Royalty of Belgium
  • JNPT & Antwerp Port Authority ink agreement to establish port training centre
  • Kandla dock workers union submits memorandum to Gadkari
  • Freight rates to Goa & Coimbatore go up
  • PFT Bawal commissioned
  • Railways carries 4.64 pc more freight in last 9 months
  • Commerce Ministry asks Jaitley to discontinue MAT & DDT on SEZs
  • Exports continue to decline in Jan.
  • Forex reserves at record high of $ 330.21 bn
  • INR ends weak at 62.20 against dollar despite fag-end recovery
  • Metal recyclers seek withdrawal of import duty on steel scrap

International Transport Journalweb site
  • Germany: road freight up, rail freight down
  • Ceva expands Vancouver BC operations
  • Volvo ends HGV production in Kaluga
  • Evraz to supply rails to Brazil
  • Tasma tackles Geodis sales in India
  • Transit traffic dives deep on northern sea route
  • More carloads for Genesee & Wyoming
  • Flights with flowers rush to Stansted
  • Logistics master plan reveals Namibia's potential
  • NOL reduces losses
  • More major management changes for K Line
  • Baltic Rail revamps Koper-Wroclaw service
  • DHL invests in new hub at Brussels airport
  • Arik Air to Abidjan
  • Grimaldi strengthens Italy-Greece link

IHS Maritimeweb site
FEBRUARY 13, 2015
  • Losses deepen for Hercules Offshore
    Falling oil prices contributed to a USD154.1 million loss in 4Q14 for NYSE-listed Hercules Offshore, the drilling rig operator has revealed. The loss for Houston-based Hercules compares with one of USD100.8 million in 4Q13. The results include a pre-tax, non-cash impairment charge of USD117 million
  • MLC human rights convention 'myth' debunked
    Maritime welfare advocacy organisation Human Rights at Sea (HRAS) has said that seafarers do not have human rights protections under the Maritime Labour Convention 2006 (MLC). A gap analysis made by the UK-based Human Rights at Sea organisation has found that just two human rights are explicitly
  • France 'will not abandon' Indian Ocean security
    Even after the expiry of the European Union's Operation Atalanta mandate in 2016, France will continue the fight against piracy and other maritime crime in the western Indian Ocean, it has been confirmed. Speaking after this week's African Union (AU) meeting on maritime security in Beau Vallon,
  • ASL Marine's profits plunge 78.4%
    ASL Marine's profits for the second quarter ended 31 December 2014 dived 78.4% year-on-year to SGD1.432 million (USD1.05 million). The Singapore-listed shipbuilder's plunge in profit was reflected in its revenue for 2Q15, which recorded a negative of SGD21 million due to a recognition of a revenue
  • Wilhelmsen profits slip, cautious on outlook
    Wilh. Wilhelmsen ASA, the listed shipping and vehicle logistics unit in the company's Norwegian holding group, has reported a fall in both 4Q14 and full-year profit and the board warns unfavourable cargo mix would continue to hamper the business. Group net profit fell to USD54 million in 4Q14 from
  • NOL marks third consecutive yearly loss
    Singapore's Neptune Orient Lines today posted a USD260 million loss for 2014, a worse result than the USD76.3 million loss for 2013. The result also marked the third consecutive full-year loss for NOL, the parent company of APL, a situation that could put it on the Singapore Exchange's watch-list.
  • Union condemns 'bloodlust' Schettino sentence
    Safety and welfare advocates have condemned the sentencing of Captain Francesco Schettino as "bloodlust". After a 19-month trial, the captain of the Costa Concordia has been found guilty of multiple charges of manslaughter and sentenced to 16 years in prison. He had been charged with manslaughter,
  • Pressure mounts on MH370 search
    As pressure grows from families of those on board missing Malaysian Airlines Flight MH370, questions are being raised on whether the search can be completed on schedule and if further resources will become available. Chinese relatives of missing passengers flew into Kuala Lumpur yesterday to
  • IHS Maritime & Trade Piracy in 2014
    Source: ICC International Maritime Bureau Piracy and Armed Robbery Against Ships, report for the period 1 Jan-31 Dec 2014. Credit Hannah Kidd/Shutterstock. Copyright: IHS. To view the infographic in a larger form, and also to view 2013 and 2012 versions, click here: http://tinyurl.com/pxlcq7r
  • ReCAAP ISC reports rise in sea robberies
    Singapore anti-piracy watchdog ReCAAP Information Sharing Centre (ReCAAP ISC) reported 10 incidents of robberies onboard ships in January 2015, a slight increase as compared with eight incidents in January 2014. According to the report, two of the 10 incidents were classified as Category 1 (CAT 1)
  • Gwadar, Zhuhai become twin ports
    Pakistan's Gwadar port and China's Zhuhai port inked a memorandum of understanding (MoU) on 11 February, declaring the two cities twin ports. This deal makes Gwadar the first foreign port of China's 'One Belt, One Road' initiative, which aims to link China with Africa, Europe, and Southeast Asia
  • Cruise Line Incident Reporting Statistics from the Coast Guard Investigative Service
    The Cruise Vessel Security and Safety Act (CVSSA) of 2010 aims to make cruise vessels safer and more secure for passengers who set sail to and from the United States. It is applicable to all US-flagged cruise ships that carry at least 250 passengers, have onboard overnight passenger/crew sleeping
  • Viking O&M profit dives 49%
    Singapore-listed offshore services provider Viking Offshore & Marine (Viking O&M) saw a 49% profit dive to SGD1 million (USD738,000) for the financial year that ended on 31 December 2014. Viking O&M's revenue for the fiscal year 2014 (FY 2014) hiked 12% to SGD79 million in 2014, compared with
  • HMD bleeds despite Q4 2014 profit
    South Korean shipbuilder Hyundai Mipo Dockyard (HMD) returned to the black for the fourth quarter of 2014, but losses for the rest of the year made a full-year deficit inevitable. The shipbuilder, which specialises in product tankers and mid-sized LPG carriers, posted a net profit of KRW19 billion
  • Major Chinese ship repair yards output up 14.5%
    The output of 13 major Chinese repair yards rose 14.5% year on year (y/y) to CNY12.5 billion (USD2 billion) in 2014, due to high-tech and high value-added ship repair orders. The output bottomed out after four consecutive y/y decreases since 2010, according to the Shiprepair Periodical Coordination
  • Westports revenue drops 23% y/y
    Malaysia-listed port operator Westports Holding (Westports) recorded a 23% year-on-year (y/y) drop in revenue to MYR384.5 million (USD106.4 million) for the fourth quarter that ended on 31 December 2014. The company recorded an increase of 6% in its net profit, while its gross profit rose 6% to
  • Zhongchang Marine to raise USD33 million
    Shanghai-listed Zhongchang Marine, a Chinese operator of bulk carriers in cabotage trade, plans to raise approximately CNY208 million (USD33 million) by selling two of its loss-making subsidiaries to its parent company. The two subsidiaries were identified as Zhongchang Marine (Shanghai) and Putuo
  • Australian port probe comes under fire
    An Australian tribunal decision to embark on an inquiry into the wharf and port sector of the trucking industry came under fire this week, with a Container Transport Alliance Australia (CTAA) director claiming it is as 'a waste of time'. Speaking with IHS Maritime, CTAA director Gerard Langes said
  • Arbitrage opens for US styrene monomer shipments into Asia
    Firming prices of styrene monomer in Asia Pacific has created an arbitrage for imports from the US Gulf. Chemical tanker brokers told IHS Maritime that freight rates for a 5,000-tonne parcel are about USD62 per tonne, slightly up from USD60 per tonne in December 2014. Styrene monomer is usually
  • Sembcorp Marine revenue down 15%
    Singapore-listed offshore services provider Sembcorp Marine posted a 15% year-on-year (y/y) drop in revenue to SGD1.445 billion (USD1.06 billion) for the fourth quarter ended 31 December 2014. The lower turnover has caused a 5% y/y drop in Sembcorp Marine's net profit to SGD174 million in the

Marine Logweb site
FEBRUARY 13, 2015
  • Icebreaker Polar Star reaches trapped fishing vessel
  • Kvichak delivers crew/pilot boats
  • New Eastern diesel electric towboat has podded thrusters
  • Harvey Gulf marks another LNG fueling milestone
  • Viking Supply Ships to close Aberdeen office
  • Cummins creates dedicated Cummins Marine organization
  • Singapore revokes more bunker licenses

World Wide Shipperweb site
FEBRUARY 13, 2015
  • Ports of Seattle/Tacoma pleased with Washington Senate transport package
  • Rainier Truck Trailer Tank Repair moving operations to Port of Kalama
  • Port of Everett taps media firm to promote Waterfront Place Central
  • Vancouver USA Port Commission Oks land sale to Sunlight Supply
  • Port Metro Vancouver releases cargo numbers for past year

Lloyd's Listweb site
FEBRUARY 13, 2015
  • European box imports increased more than 5% last year
    MDS Transmodal looks at demand increases on European trades in 2014
  • RBS flirted with Commerzbank-style shipping exit
    Future options still open after recent rethink by bank
  • US east coast ports grab market share as west coast issues drag on
    Total volumes on the transpacific trade lane jumped by 2.9% last year, with east coast ports being the major beneficiaries
  • We did not foresee floating storage coming, says Euronav's Paddy Rodgers
    World's biggest crude tanker player highlights importance of the oil price contango and floating storage in 2015 and beyond
  • Nordic American has positive take on suezmax tanker market
    One of the suezmax segment's big owners welcomes falling bunker prices and improved spot rates
  • Asia-US east coast rates break $5,000 per feu barrier
    US east coast carriers reap rewards of west coast instability as box prices soar to record highs
  • ICTSI committed to Portland
    The terminal operator blames union for Hanjin's decision to withdraw services.
  • Week on Wall Street | February 13
    This could be a milestone year for Navios Maritime Acquisitions
  • Industry Viewpoint: Shame on you, Italy
    The verdict in the Costa Concordia trial takes us back to the bad old days of playing the 'blame game'
  • Awilco LNG slides to loss in challenging short-term market
    Norwegian gas carrier owner expects new LNG production coming on stream to lift freight market

The Journal of Commerceweb site
FEBRUARY 13, 2015
  • Australia to investigate link between port driver pay, safety
    The Australian government is launching an inquiry into the drayage industry practices at five major ports that could lead to higher mandated levels of driver pay or new work rules. Australia's Road Safety Remuneration Tribunal will look into pay and other practices related to container drayage at the ports of Adelaide,...
  • US files WTO case against China
    U.S. Trade Representative Michael B. Froman announced Wednesday that the Obama administration is filing a sweeping case at the World Trade Organization against a Chinese government program known as the National Auto and Auto Parts Export Base. The USTR alleged that through this program, China provides free and discounted services over...
  • Work resumes on 46-ship West Coast backlog
    West Coast ports resumed vessel loading and unloading Friday amid continuing labor strife and congestion that has left the tally of backlogged container ships at nearly four dozen and rising. Pacific Maritime Association members announced this week they would suspend vessel work on Thursday, Saturday, Sunday and Monday rather than pay...
  • Industrial real estate activity takes off in Kansas City
    After attracting only one tenants - a government agency - in roughly eight years, a former U.S. Air Force base turned logistics park in the Kansas City area has announced three new shipper tenants in a span of five months. UFP Harrisonville, a wood products manufacturer, and Really Good Stuff, a...
  • Pressure builds for US government action on West Coast
    The Obama administration is under growing pressure to prod negotiators to reach a deal on a West Coast labor contract, and to intervene if the ports' months-long congestion keeps edging toward a total shutdown. More than a dozen lawmakers from the West Coast and from states as far east as Iowa...
  • Obama's plan to lift Cuba sanctions raises hopes of US Gulf ports
    Amid weeds and willows on the Mississippi River levee at Belle Chasse, Louisiana, a curving row of weathered wooden pilings bears silent evidence to the once-thriving trade between U.S. Gulf ports and Cuba. The long-abandoned site on the river's west bank, 20 miles downstream from New Orleans, is the remnant of...
  • The West Coast blame game
    So the International Longshore and Warehouse Union is solely responsible for the humongous mess our West Coast ports are in? It must be so because I read it on JOC.com. My first concern is that perhaps this blame is misplaced. To get at the truth, let's look at the background. First...
  • 'Rebuilt' USA Truck posts first full-year profit since 2008
    When John Simone joined USA Truck as president and CEO two years ago, the trucking company was staggering from the blow its business suffered in the recession and struggling to jumpstart a turnaround. USA Truck lost a combined $39 million from 2009 through 2012. After two years of redesigning and rebuilding...
  • Shipping Corporation of India reports fiscal 3Q profit
    Shipping Corporation of India swung to a Rs. 31.3 crore (about $5 million) net profit in its fiscal third quarter, which ended Dec. 31, from a $10.6 million loss in the same period of 2013, driven by cost savings and higher freight rates that helped offset a marginal decline in...
  • West Coast congestion hammers NOL earnings
    HONG KONG - Neptune Orient Line's container division APL recorded a before tax loss of $37 million in the fourth quarter as the U.S. West Coast port congestion saw volumes fall and forced the carrier to cut sailings on its most important trade.The challenges on the trans-Pacific helped drive its...
  • SCFI: U.S. East Coast spot rates break the $5,000 barrier
    HONG KONG - The U.S. East Coast spot rate hit $5,049 per FEU this week as rising demand for the all-water service pushed rates to record levels, according to the latest reading of the Shanghai Containerized Freight Index (SCFI).With port congestion on the West Coast delaying ships for often weeks...
  • Charters laid on as Valentine's Day demand fills Nairobi-Schiphol freighters
    HONG KONG - Shippers between Nairobi and the global flower hub of Amsterdam chartered at least 1,500 tons of additional air freight capacity in the two weeks leading up to Valentine's Day to ship in flowers from Africa.Demand was so strong that 15 chartered freighters were required, even with 30...
  • DB Schenker grows Asia-Pacific footprint with India, Cambodia investment
    HONG KONG - DB Schenker strengthen its presence in Asia in January with the opening of a new company in Cambodia and a last-mile logistics centre in eastern India.The German logistics services provider opened its DB Schenker Logistics Centre (SLC) in India's eastern region of Patna that offers logistics and...
  • Brazil export plan on top of weak currency could boost exports
    Brazil will release a National Export Plan early in March and it can't come fast enough for shippers in the South American country, who were expecting it to launch this month. Last year Brazil, historically a strong exporting nation, posted its first annual trade deficit in more than 14 years but...

TradeWindsweb site
FEBRUARY 13, 2015
  • Spot storage
    Floating storage plays in the VLCC arena could expand to the spot market, Paddy Rodgers says.
  • Euroseas chops loss
    Greek bulker and containership owner Euroseas has reduced its deficit in 2014 after suffering a big impairment hit in the prior year.
  • AML to pay $800,000
    Germany's AML Ship Management has admitted to dumping oily bilge water into the sea while sailing off the Aleutian Islands near Alaska in August.
  • Diana ties up panamax
    Greece's Diana Shipping has secured continued employment for one of its panamaxes with Glencore Grain.
  • ESL goes higher
    Finland's ESL Shipping has posted better profit for the fourth quarter, lifting its annual figure.
  • Pervasive pessimism
    We take a look at what was said in the market over the past week.
  • DOT owed $329m
    The liquidator of the Singapore unit that plunged OW Bunker into bankruptcy says it is seeking to recover $329m owed to the company.
  • Seadrill writes off $1.1bn
    John Fredriksen's drilling arm Seadrill has removed contract extensions previously agreed with troubled Brazilian oil major Petrobras from its backlog.
  • AMSC remains steady
    Oslo-listed American Shipping Company (AMSC) has finished 2014 with a stable result.
  • Solus in at DHT
    Christopher Pucillo has bought a major slice of tanker owner DHT Holdings in the latest expansion of its shipping book.
  • Cosco scraps eight more
    China Cosco Holdings Co (CCHC) has sent another eight vessels to breakers' beaches so far this year as its fleet renewal carries on apace.
  • GTT logs record year
    French LNG cargo containment designer GTT notched up 47 new orders during 2014 - the company's highest haul for 10 years.
  • Double bond boost for Fredriksen
    John Fredriksen's Frontline has purchased another chunk of its convertible bond amid increased confidence the tanker owner can hurdle an April payment without the need to sell assets or restructure.
  • Awilco loss widens
    The LNG carrier company said the annual net deficit was $2.7m, against a profit of $1.2m in 2013.
  • NOL sees red
    Neptune Orient Lines (NOL) has managed to cut its fourth quarter loss thanks to cost savings but this did not prevent it from posting a bigger deficit for the full year.
  • Mixed finish for WW ASA
    Norwegian shipowner Wilh Wilhelmsen ASA's fourth quarter profit has measured up well with market expectations.
  • MEDS takes support ship
    Bibby Line has sold a support ship it had been chartering to a UAE operator.
  • Costa facing legal action
    Lawyers representing British survivors of the Costa Concordia capsizing plan to sue Costa Cruises following captain Francesco Schettino's conviction for manslaughter.
  • Daiichi meets charterers
    Japanese dry bulk operator Daiichi Chuo Kisen has asked for a meeting with its main business partners as its financial performance worsens as the result of the downturn in the trading market.
  • Worker critical
    Six people have been injured, one of them critically, in an explosion on an offshore vessel off Trinidad and Tobago.
  • Subsea 7 swoops
    Oslo-listed Subsea 7 has announced a new subsea contract in Australia for one of its diving construction ships.
  • PGS delays newbuilds
    Petroleum Geo-Services (PGS) is delaying two newbuilding seismic survey vessels building in Japan due to weaker market conditions.
  • Belships slides in Q4
    Belships has booked a 40% decline in fourth quarter results, but still remained in profit compared to the preceding quarter.
  • Tankoil kicked out
    Tankoil Marine, the company which contributed to the collapse of OW Bunker, has lost its licence to sell bunkers within Singapore.
  • Elevate your game
    Size matters when you're a pool operator but Ben Ognibene, the chief executive of Heidmar, says this isn't the only key to success.

American Shipperweb site
FEBRUARY 13, 2015
  • Gulf between spot rates from China to U.S. East, West Coast grows
  • Pricing discipline the focus for carriers in cheap fuel market
  • PMA and ILWU resume West Coast port contract talks
  • Senate introduces bill to reform sugar program
  • Ports of Seattle and Tacoma welcome $15 billion dollar transportation revenue package
  • BNSF details capital expenditure programs in six states totaling $1.63 billion
  • CMA CGM invests French technology startup TRAXENS
  • NOL benefits from larger, more efficient ships in APL fleet in 2014
  • Service Announcements: Cathay Pacific Services, CEVA Logistics and UTi Worldwide
  • Executive moves: CSX and Suttons Group

The Bunker Bulletinweb site
FEBRUARY 13, 2015
  • Weekly Global Market Report
    A weekly price roundup from bunkering hubs around the world.
  • Harvey Gulf claims another LNG milestone
    First USCG Certificate of Inspection for a vessel powered by LNG.
  • Report: Monjasa dominates West African market
    Risk of doing business in the region has driven away competitors.
  • MPA, ClassNK sign deal to enhance ship safety and eco sustainability
    Marine renewable energy among R&D focus.
  • Cruise terminal 'should have had cold ironing facilties'
    A report into an Australian cruise terminal is under fire for calling for ships to use low sulphur fuel.
  • DOT's dealings with Tankoil focus of bankruptcy investigation
    DOT: Owed over $300 million.
  • Shipping emissions targeted at Geneva climate talks
    Call for 'global sectoral emission reduction targets' emerge during UNFCCC meeting.
  • NOL posts quarterly loss
    But some benefit accrued from lower bunker prices.
  • Quadrise: Investor jitters as oil prices stay low
    But QFI say the economics of its emulsion fuel 'remain sound'.
  • Shipping should move faster on emissions
    Zero-emission vessels are the goal, says shipowner.
  • Patent granted for hybrid marine technology
    System can be applied on a variety of vessels to save fuel.
  • NGO pushes for fuel oil ban in Arctic
    Cites report validating the need for cleaner fuel use.
  • WFS: Bunker sales volume lifted by OW's exit
    Company logs highest quarterly volume in more than a year.
  • Scrubber installation possible at sea, claims firm
    Yara says its scrubber system is the smallest in the market.
  • Taiwan: Ship held over bunker spill
    Authorities holding ship while determining cost of damages.
  • WFS records rise in profit
    2014 'was a strong year' for the company.
  • Explosion kills 3 onboard Petrobras-leased ship
    Six workers have been reported missing.

›››File
FROM THE HOME PAGE
PORTS
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
In decisa crescita il traffico delle merci nei porti tunisini
Nel trimestre aprile-giugno è stato di 7,4 milioni di tonnellate (+8,8%)
PORTS
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
PORTS
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
PORTS
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%
PORTS
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%)
SHIPPING
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
SHIPPING
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
SHIPPING
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
PORTS
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
SHIPPING
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
ACCIDENTS
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
SHIPPING
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
SHIPYARDS
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
SHIPPING
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.
CRUISES
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
ACCIDENTS
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
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
ACCIDENTS
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
LOGISTICS
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
SHIPPING
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%)
CRUISES
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%
SHIPPING
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%
SHIPPING
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%
PORTS
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
RAILWAY TRANSPORT
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%)
PORTS
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.
CRUISES
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
SHIPYARDS
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
PORTS
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
SHIPPING
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
CRUISES
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
SHIPPING
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PORTS
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
PORTS
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%.
RAILWAY TRANSPORT
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
SHIPYARDS
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
SHIPYARDS
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
SHIPYARDS
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
ACCIDENTS
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
CRUISES
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
PORTS
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
PORTS
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
COMPETITION
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
FREIGHT TERMINALS
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
INTERMODAL TRANSPORT
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
PORTS
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
PORTS
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
LEGISLATION
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
ACCIDENTS
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
SHIPPING
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
PORTS
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
TRANSPORTATION
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
SHIPPING
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
TRANSPORTATION
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
ACCIDENTS
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
PORTS
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
PORTS
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
PORTS
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
ACCIDENTS
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
PORTS
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
CRUISES
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
PORTS
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
SHIPPING
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Washington/Southampton/Rotterdam
Meanwhile, another tanker, the "Stolt Magnesium", was hit by a missile near Oman
SHIPPING
European shipowners call for permanent derogations from the EU maritime ETS after 2030
Brussels
Exemptions for connections with islands and outermost regions, for polar class vessels, for transnational public service obligations and for search and rescue activities
RAILWAY TRANSPORT
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
ACCIDENTS
Two VLCCs operated by the UAE's ADNOC were attacked in the Strait of Hormuz.
Abu Dhabi/Tampa
US Central Command announces reinstatement of blockade on maritime traffic in and out of Iranian ports
SHIPPING
Trump announces a tax on goods passing through the Strait of Hormuz protected by the US
Washington/Portsmouth
Expected to be equal to 20% of the value of the transported loads
SHIPPING
Six-monthly vessel traffic in the Straits of Malacca and Singapore increased by +3.7%
Port Klang
In the second quarter of this year alone, a decrease of -0.5% was recorded
SHIPPING
In May, naval traffic in the Suez Canal increased by +15.0%
Cairo
In the first five months of 2026, 5,696 ships passed through the port (+12.7%)
SHIPPING
OOCL records sharp increase in containers carried by its fleet
Hong Kong
In the April-June quarter, revenues generated by this activity grew by +19.8%
ACCIDENTS
Strait of Hormuz, a container ship was attacked near the coast of Oman
Muscat/Portsmouth/New Delhi/Tampa
Fire on board. One crew member missing. 23 other sailors rescued.
SHIPPING
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%.
PORTS
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%.
PORTS
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
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
INDUSTRY
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
SHIPPING
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
PORTS
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
SHIPPING
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
COMPANIES
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%)
MOURNING
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
PORTS
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
PORTS
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
PORTS
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
COMPANIES
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
PORTS
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%
PORTS
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%
LOGISTICS
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
LOGISTICS
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.
SHIPPING
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
PORTS
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
SHIPPING
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.
SHIPPING
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
ACCIDENTS
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
PORTS
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
PORTS
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%)
INTERMODAL TRANSPORT
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.
PORTS
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
ACCIDENTS
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
SHIPPING
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
COMPANIES
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
PORTS
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
PORTS
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
PORTS
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
EDUCATION
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
INTERMODAL TRANSPORT
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
TRANSPORTATION
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
ACCIDENTS
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"
INFRASTRUCTURE
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
LOGISTICS
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
LOGISTICS
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
PORTS
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
COMPANIES
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
PORTS
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
PORTS
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
INDUSTRY
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
PORTS
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.
LOGISTICS
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
ASSOCIATIONS
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
PORTS
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
FREIGHT TERMINALS
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
INDUSTRY
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
OFFSHORE
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
LOGISTICS
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
ASSOCIATIONS
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
SHIPPING
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
EDUCATION
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
INDUSTRY
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
NEWS
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
SHIPPING
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
ACCIDENTS
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
ACCIDENTS
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
SHIPPING
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
INTERMODAL TRANSPORT
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
PORTS
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
CRUISES
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
PORTS
Western Liguria Port Authority approves 2026 budget update
Genoa
PORTS
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
INDUSTRY
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
PORTS
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
PORTS
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
SEAFARERS
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
PORTS
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
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
MEETINGS
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
PORTS
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
PORTS
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
PORTS
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
PORTS
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
RAILWAY TRANSPORT
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
PORTS
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
PORTS
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
SHIPYARDS
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
PORTS
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
LOGISTICS
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
INDUSTRY
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
SHIPYARDS
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
SHIPPING
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
INTERMODAL TRANSPORT
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
LOGISTICS
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
JOBS
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
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