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Independent journal on economy and transport policy
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BRIEFS
November 19, 2015
Sched Netweb site
  • HK's acting CE says port in fine shape despite volume drop for past 16 months
  • Cosco posts Q3 loss of US$267.5 million on back of low freight rates
  • China Merchants Heavy Industry to build new valemaxes for affiliate CMES
  • Ningbo Ocean Shipping buys 4 x 1,000-TEU box ships from Chinese shipyard
  • What's going to happen to Asia-Europe trade in 2016? No one knows!
  • Box volume at Port of Hamburg down 9pc with weak trade from China and Russia
  • Star Wars toys sales set to boost US containerised toy imports
  • Agility captures contract for three major UAE defence shows
  • HullWiper cleans up at the Seatrade Maritime Awards Asia
  • Oliver Evans of Swiss Air joins drone maker Matternet
  • HKIA sees growth in airfreight for second consecutive month
  • Asia Pacific's air cargo under pressure from weak trade, overcapacity
  • Cargolux makes progress in talks with unions over new work agreement

Exim Indiaweb site
NOVEMBER 18, 2015
  • Awards keep the Standard high
  • India & Bangladesh agree on transit fee for goods movement, ink draft MoU on passenger & cruise services on coastal & protocol route
  • Indian Register of Shipping releases new software for Common Structural Rules
  • Ministry of Shipping to weed out obsolete rules under Merchant Shipping Act
  • Ship operating costs seen rising over next two years
  • Adani Kandla Bulk Terminal completes 100th rake operation at Tuna Terminal siding
  • M'rashtra to build six-lane super expressway between Mumbai & Nagpur
  • Annual coal import down in Oct.
  • BHEL wins projects worth INR 4,614 cr.
  • Cabinet clears proposals to boost exports, gives go-ahead to Cochin Shipyard IPO
  • DGFT amends MEIS adding 110 more items & revising rates for 2228 product lines
  • Exports plunge in October for 11th straight month
  • Govt may allow fertiliser cos to import urea directly
  • INR plunges further against dollar
  • SPVs for 20 smart cities likely to be ready by Dec. 15

International Transport Journalweb site
  • "One must be bold!"
  • Uruguay improving trunk road network
  • Poland to develop up to date rail infrastructure
  • Crowley stalwart for Alaska
  • Teaming up in Bulgaria
  • Russia, China and the navigation channel
  • Precision redelivers quartet in a week
  • Basel aircargo terminal GDP certified
  • Farmers get track access down under
  • Suess takes the lead in Munich
  • M&As rising worldwide
  • Interferry creates solution
  • Kerry wins new Seatrade Asia award
  • Large freight car order placed
  • ABC and JAS Worldwide move racing cars to Macau
  • Mixed double in Chicago
  • Good times for Finnlines

IHS Maritimeweb site
NOVEMBER 18, 2015
  • Ensign Events announces launch of first International Maritime Human Rights Conference
    "Respect, Responsibility, Remedy in the Maritime Environment" Ensign Events together with Human Rights at Sea announce the launch of the International Maritime Human Rights Conference and Gala Dinner 2016. Taking place in London on September 14th 2016, the event will focus on explicitly addressing the issue of maritime human rights and...
  • Bulker values poised for fall
    Deutsche Bank analyst Amit Mehrotra. Credit: Chris Preovolos/Marine MoneyConcerns about US-listed dry bulk companies are escalating, given expectations for rising asset sales, which would lower valuations and impact debt agreements. The situation of NASDAQ-listed Star Bulk exemplifies a broader risk. On 18 November, Star Bulk reported a net loss of USD41...
  • Chinese company chosen to build Sri Lanka LPG terminal
    The contract to build an USD80 million liquefied petroleum gas (LPG) terminal for Sri Lanka's Laugfs Gas at the southern Hambantota port has been awarded to Chinese company China Huanqiu Contracting and Construction Corporation. The terminal will have storage capacity of 30,000 tonnes with provision to expand up to 45,000 tonnes and to accommodate...
  • Transas launched High Voltage Training Breaker
    According to the new requirements, training has to be conducted using real equipment. In partnership with the power technology specialist ABB, Transas has developed a real hardware high voltage generator breaker cabinet compatible with the Transas ERS 5000 TechSim simulators with high and medium voltage systems. The Transas High Voltage...
  • Firm tanker market boosts Hafnia interim results
    Danish company Hafnia Tankers has reported solid interim results on firm markets and bigger fleet, but it did not comment on its previously announced intentions to seek listing in the United States. Group net profit amounted to USD20.7 million in the third quarter of this year, reversing a loss of USD1.7...
  • New Black Sea inspection system will result in fewer checks
    The Black Sea port of Odessa, Ukraine. Credit: PAShips calling at ports on the Black Sea will be subjected to a new inspection regime as of 1 January. The new regime under the Black Sea MoU, which was agreed in April, replaces the region's existing matrix and groups ships into...
  • P&I mutual structure 'under attack'
    Osprey CEO Guy Pierpoint. Credit: Osprey UnderwritingThere are growing divisions in the marine insurance market as clubs feel under pressure to look for new areas of business. In the past week, Thomas Miller, which manages the UK P&I Club, has completed the acquisition of Osprey Underwriting. Osprey operates in the Lloyd's...
  • China maritime and logistics players eye Belt and Road opportunities
    One Belt One Road is a centrepiece of China president Xi Jinping's foreign policy and domestic economic strategy. Credit: PAChina's Belt and Road initiative means opportunities for maritime and logistics players despite inherent risks with investing in some of the markets along the planned routes, according to top executives from...
  • Maersk to raise EUR600 million in seven year bonds
    Credit: PAA.P. Moller-Maersk (APM) has issued bonds with a principal amount of EUR 600 million (USD 641 million) due in November 2022 with a coupon of 1.5%. This is the annual rate of interest payable on the borrowing. It is the company's first Eurobond offering since 2012, and is expected to...
  • Japan yard orders surge in October
    A Japanese shipyard. Credit: PAOrders at Japanese shipyards rocketed 186% in October as shipowners rushed to build ships that will comply with the International Maritime Organization's (IMO's) new standards, which will take effect from July 2016. Figures from the Japan Ship Exporters' Association (JSEA) show that its members' shipyards received 47...
  • South Korea government to help Hanjin and HMM acquire 'mega box ships'
    Credit: PASouth Korea's new Minister of Oceans and Fisheries, Kim Young-suk, has said it is imperative that Hanjin and Hyundai Merchant Marine (HMM), the country's two biggest shipping companies, acquire ultra-large container ships (ULCSs) if they are to compete effectively in liner shipping. Speaking at his first press conference since he...
  • Angelicoussis returns to DSME for more VLCCs
    John Angelicoussis with DSME president Go Jae-ho last year. Credit: DSMEGreek shipowner John Angelicoussis has returned to South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) for more very large crude carriers (VLCCs). Angelicoussis on 18 November ordered two 319,000 dwt VLCCs, which will be managed by his holding company's unit...
  • Triyard receives new customer order for escort tugs
    Vietnam's Triyard group has extended its product range with a new order for escort tugs. Singapore-based specialist marine craft group Greenbay Marine, a new customer at the shipyard, has contracted an order worth US12.8 million for a quartet of Robert Allan-designed RAstar 3400 Azimuth Stern drive tugs. The 34 m tugs,...
  • Dry bulk shipping woes could deepen as demand shift may be structural, rather than cyclical
    'Coal also depressing', says analyst. credit: HasenpuschDry bulk shipping problems could deepen as adjustment in global demand may turn out to be structural rather than cyclical with little chance of relief on excess supply. "I am worried we are reaching a structural rather than cyclical turning point in iron ore...
  • ReCAAP ISC: Low crime rate should not lead to complacency
    Singapore-headquartered anti-piracy watchdog ReCAAP Information Sharing Centre (ReCAAP ISC) said that crime rate dropped in its October 2015 report, but it will still remain vigilant. The number of incidents occurred in October has dropped notably by 48% and 28% compared with the number of incidents in August and September respectively. Comparing...
  • HMM deteriorates into loss as working capital deficit persists
    Hyundai Merchant Marine (HMM) announced a third-quarter loss on 17 November amid ongoing speculation of a merger with its bigger compatriot Hanjin Shipping. South Korea's second-biggest shipping company said it incurred a KRW24 billion (USD20.46 million) loss for the third quarter of 2015, reversing a KRW204 billion net profit for the...
  • Ports of Stockholm opts for floating cruise pier
    Passengers of cruise ships moored in Ports of Stockholm's Nynäshamn harbour in 2016 will be able to walk straight ashore from the ship as the port authority has purchased an innovative retracting floating pier from its creator - Norway's Cruise Venture Ltd. IHS Fairplay has learnt that the 260...

The Loadstarweb site
NOVEMBER 18, 2015
  • Indian air cargo carriers will contest fines for fuel surcharge cartel behaviour
  • Expeditors detours from acquisition trail to focus on the road to organic growth
  • Container shipping pundits paint gloomy picture of more sluggish growth in 2016
  • BIFA adds more seminars as demand soars for details of incoming new regulations

Marine Logweb site
NOVEMBER 18, 2015
  • Feds join whistleblower lawsuit against Inchcape
  • Sheriff will use Moose Boat catamaran to police Lake Tahoe
  • Senator Patty Murray is first recipient of Inouye Award
  • MAIB: Safety lessons from fatal fishing vessel capsize
  • Stowaways finding more creative ways to board ships
  • Good news, bad news from Sembcorp Marine
  • Powerful new fast supply/crew boat for SEACOR Marine

World Wide Shipperweb site
NOVEMBER 18, 2015
  • Everett Port Commission approves operating/capital budget for 2016
  • Drewry predicts ship operating costs will increase over next two years
  • Federal Maritime Commission eyes Ocean Common Carrier rule changes
  • Port of Bellingham Oks plan for future home of sailing center
  • Crowley begins construction project on new pier at Puerto Rico terminal

Lloyd's Listweb site
NOVEMBER 18, 2015
  • Panamax 'in doldrums' as BPI slides to nine-month low
    Oversupply pushes down rates in main trades despite spot activities in Atlantic Basin
  • Kostas Ladas to head Liberian Registry London office
    Register sources London general manager from broker agent
  • Sovcomflot 'immune from LNG slump', says Kolesnikov
    Russian giant set fair to reap rewards of tanker recovery
  • Hutchison and Maritime Union end their waterfront row
  • Widespread cyber threat low but potential for disruption high
    BIMCO addresses cyber security at annual conference
  • UASC chief pours cold water on APL takeover
    Jorn Hinge says today's market fundamentals make such an investment too high-risk
  • Hafnia rakes in $20m profit
    High refinery margins, combined with good demand for gasoline, middle distillate and naphtha, boost Copenhagen product tanker player
  • Europa Venture eyes massive renewal of shortsea fleet
    Owners encouraged by signs from Brussels over help to fund numerous orders in European yards
  • Lloyd's List launches container line consolidation topics page
    Latest news and analysis on what looks set to be a major shake-up among global carriers
  • Retrofit rudder trunk bars to block stowaways, says UK Club
    Unwanted passengers can prove costly for owners, marine mutual warns
  • Sembcorp Marine to build FSO for Modec
    Unit to be deployed in North Sea from 2018
  • Precious Shipping cancels two ultramaxes at Sainty
    Thai bulker operator also seeks $11.16m refunds per vessel
  • Daewoo clinches latest Maran VLCC pair
    Greek owner activates tanker contract after reportedly inking charters
  • Black Sea terminal expands to take 10,000 teu vessels
    Novorossiysk project to allow bigger ships to call in Russia directly
  • Will King Abdullah Port be a game changer?
    Bordered by the Arabian Gulf, Indian Ocean and the Red Sea, Saudi Arabia is the only country on the Arabian Peninsula which is surrounded by two major shipping lanes which link the East with the West
  • STX O&S calls for massive job cuts in bid to avoid bankruptcy
    Chief executive recommends slashing up to 800 jobs
  • Aronnax: Applying innovation in the real world
    While shipping needs to be open to new ideas, innovators need to see the potential in shipping
  • Cancelled BW Pacific IPO will not affect BW Group rating, says Moody's
    Analyst cites 'very good liquidity profile'
  • Box Ships to delist from NYSE
    Company applied for listing transfer to Nasdaq Capital Market
  • HHI sees 10% increase in October ship-order sales
    Hyundai Mipo Dockyard sales stay about level year on year
  • Robbery incidents in Malacca Straits sharply up in January-October 2015
    However, no oil-siphoning thefts in Asian waters in the past two months, Recaap says
  • LA Harbour Commission approves grants to beef up port security
    Los Angeles port will contribute $625,000 in addition to the grants
  • Exmar inks joint pact with Swan Energy for India LNG port project
    Both parties looking to ramp up LNG capacity at terminal to 10m tonnes per annum
  • Cosco and China Merchants complete Turkish terminal acquisition
    Acquisition will advance China's One Belt, One Road initiative
  • Star Bulk to answer questions on capital expenditure requirements
    Declining asset values to hit company's ability to finance remaining newbuilding programme
  • Crowley starts construction in Puerto Rico to accommodate its new LNGs
    Jones Act created competitive shipping market between US mainland and Puerto Rico

The Journal of Commerceweb site
NOVEMBER 18, 2015
  • New Hutch-union deal brings sacked Aussie workers back to the docks
  • TRAC: Off-dock depot will improve NY-NJ chassis availability
  • Health care costs, chassis complicate ILA-USMX talks
  • Little visibility in container cargo demand, Maersk executive says
  • Charleston port volume growth decelerates
  • Study finds reducing truck waits best way to boost port productivity
  • US regulators prepare to release key trucking rules
  • Panama Canal vessel backlog eases
  • True Value inks deal with Ryder to secure dedicated truck capacity
  • San Juan dock expansion to handle Crowley's LNG ships begins
  • Hyundai Merchant Marine swings to loss amid merger speculation
  • China maritime and logistics players eye 'Belt and Road' opportunities
  • Hyundai and Hanjin need mega-ships to compete, Korean minister says
  • Little traction for index based shipper contracts, industry forum hears

TradeWindsweb site
NOVEMBER 18, 2015
  • Star Bulk girds for 2016
    The bulker owner outlines operating levers it may pull as it deals with weak market.
  • Tanker shares imply lower 2016, UBS says
    Report says tanker stock prices reflect dimmer view of time-charter rates in 2016.
  • Danske Bank raises Awilco LNG rating
    Bank continues to see struggles for LNG carrier owner but has upgraded the stock on valuation grounds.
  • Peter G waves flag for US shipping rebirth
    America's marquee owner says private equity has pumped up ownership and now needs knowhow.
  • Dry-bulk stocks suffer rout in New York
    US-listed shares of Safe Bulkers, Star Bulk Carriers and Scorpio Bulkers are plunging.
  • Star shares fall after loss and downgrades
    New York-listed bulker owner's stock price loses 20.2% after result misses forecasts.
  • India okays Cochin IPO
    Government to sell off its 10% stake as it seeks listing for ferry shipyard.
  • Heavy hitters added to Hafnia Tankers board
    John Ridgway, Esben Poulsson and Jan Bech Andersen brought on board as owner piles up profit.
  • PDZ cuts Q1 loss
    Revenue rise boosts Malaysian boxship owner; more improvements expected.
  • Paris attacks: we must show resolve
    German owners' boss expresses disgust at "barbaric" jihadi murders and urges shipping to stand firm against threat.
  • Euronav sells suezmax
    New York-listed giant said to have secured over $22m for vintage tanker.
  • Minoan in the money
    Emanuele Grimaldi-led Greek ferry company turns a profit for the third quarter of the year.
  • Uni-Asia turns to red
    Singapore-based boxship and bulker owner hit by rising costs in third quarter.
  • Courage moves to bolster balance sheet
    Hong Kong-listed owner sets up near $11m shares placement to strengthen its financial position.
  • DVB arrests drillship
    Odfjell-operated Deepsea Metro II held as owner Chloe Marine defaults on loan.
  • 'Perfect storm' drives Deutsche downgrades
    Bank cuts ratings on trio of public bulker owners as raft of ships for sale threatens loan covenants.
  • Sembcorp wins FSO
    Singapore yard to build storage unit for Modec's Culzean work in the North Sea.
  • STX to axe 800 jobs
    South Korean shipbuilder also lining up salary cuts to stave off collapse in 2016.
  • Civmec eyes Australian yard
    Domestic engineering group conducts due diligence on builder and repairer Forgacs.
  • Double hit for Alang
    IFA Global says Indian shipbreaker facing lower steel scrap prices and fall in rupee.
  • Lines suspend Europe run
    Coscon, Yang Ming, Hanjin and Evergreen halt service from Asia due to seasonal demand.
  • Maersk taps Eurobonds
    Danish liner giant picks up cheap finance with raid on financial markets closer to home.
  • Precious culls more ultramaxes
    Thai shipowner has now walked away from first four in 14 ship order in Chinese shipbuiler.
  • DSME confirms Maran Tankers double
    Greek shipowner takes VLCC newbuilding tally at favourite South Korean yard to eight ships.
  • BW Group credit rating unaffected
    Delay to BW Pacific IPO won't hurt shipowner's finances, but it may have to cover pre-delivery finance.
  • Star Bulk pushes back four newbuildings
    New York-listed bulker owner reveals quarterly loss that's slightly deeper than expected.
  • POSH resumes buyback
    Singapore offshore marine services provider takes advantage of drop in share price to acquire more stock.
  • Box Ships preps move to OTC after de-listing
    Michael Bodouroglou-led shipowner is de-listed by the New York Stock Exchange.

American Shipperweb site
NOVEMBER 18, 2015
  • News reports: Chinese investigating liner carriers over surcharges
  • CP publicizes $28b consolidation offer for NS
  • BWR: Carriers suspend Asia-ECNA loop
  • CSX fast-tracks S.C. site for industrial development
  • ITC studies U.S. economic impact of TPP
  • House passes (another) stop-gap highway patch
  • 57 ships enrolled in MSP even though 60 can receive stipend
  • Crowley starts $48.5 million pier project in San Juan
  • project44 to offer free API assessments for carriers
  • Global Shippers' Forum questions benefits of carrier alliances to shippers
  • Transportation Insight acquires BirdDog
  • AirBridge Cargo adds two more 747-8 freighters
  • Gov. McAuliffe promotes Va. products in trade missions to Canada, Mideast
  • Ag trade groups get 2016 USDA export promotion funds
  • TransAtlantic AB sells container, ship management operations
  • HKIA posts 2% growth in cargo throughput
  • Transportation stocks rebound after rough week
  • UPS offers $1.28b in senior notes

The Bunker Bulletinweb site
NOVEMBER 18, 2015
  • US fuel oil stocks rise for tenth straight week
    Total stocks at their highest since 2010.
  • ExxonMobil: More customers switching to new ECA category fuels
    Says independent laboratory tests prove good stability and compatibility with other marine fuels.
  • Barclays predicts oil demand growth will outstrip current consensus
    'The industrial sector has played little part in this demand growth; the drive has come from the end consumer.'
  • IBIA Convention to return to Europe in 2016
    'This is a real feather in Gibraltar's cap,' says Minister for Shipping.
  • Interview with VPS for Platts Mediterranean Bunker Fuel conference
    Ferry Van Eykel shares his thoughts on the implications of the new ECA sulphur limit.
  • OW: 16 companies in interpleader applications to UK courts
    Growing list of shipping companies seeking protection from vessel arrests.
  • Mediterranean fuel oil market at nine-month low
    On oversupply of cargoes.
  • Lukoil boosting supply at key Russian Black Sea ports
    New barge to supply MGO. Also gearing up to provide ECA-compliant ULSFO in the area.
  • Sovcomflot completes fuel-saving fleet renewal programme
    Profits almost triple on the back of stronger revenues.
  • 'Leading ship owner' orders shore power systems
    Order includes 'first project of its kind' installation on vessels.
  • Brightoil to receive $62 million investment funds
    Capital comes from two groups, says Hong Kong-listed firm.
  • Sovcomflot completes fleet renewal programme
    9M profits almost triple on the back of stronger revenues.
  • BMS United Bunkers introduces offshore service
    Bunkering service is now managed by 'dedicated professional team', says company.

›››File
FROM THE HOME PAGE
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
In decisa crescita il traffico delle merci nei porti tunisini
Nel trimestre aprile-giugno è stato di 7,4 milioni di tonnellate (+8,8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Washington/Southampton/Rotterdam
Meanwhile, another tanker, the "Stolt Magnesium", was hit by a missile near Oman
European shipowners call for permanent derogations from the EU maritime ETS after 2030
Brussels
Exemptions for connections with islands and outermost regions, for polar class vessels, for transnational public service obligations and for search and rescue activities
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
Two VLCCs operated by the UAE's ADNOC were attacked in the Strait of Hormuz.
Abu Dhabi/Tampa
US Central Command announces reinstatement of blockade on maritime traffic in and out of Iranian ports
Trump announces a tax on goods passing through the Strait of Hormuz protected by the US
Washington/Portsmouth
Expected to be equal to 20% of the value of the transported loads
Six-monthly vessel traffic in the Straits of Malacca and Singapore increased by +3.7%
Port Klang
In the second quarter of this year alone, a decrease of -0.5% was recorded
In May, naval traffic in the Suez Canal increased by +15.0%
Cairo
In the first five months of 2026, 5,696 ships passed through the port (+12.7%)
OOCL records sharp increase in containers carried by its fleet
Hong Kong
In the April-June quarter, revenues generated by this activity grew by +19.8%
Strait of Hormuz, a container ship was attacked near the coast of Oman
Muscat/Portsmouth/New Delhi/Tampa
Fire on board. One crew member missing. 23 other sailors rescued.
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
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