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Independent journal on economy and transport policy
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BRIEFS
October 26, 2015
Sched Netweb site
  • OOCL Q3 revenue slumps 12 pc with plummeting rates
  • Lukewarm reception to latest Hong Kong port congestion reduction efforts
  • Sluggish container trade outlook with slowdown in world trade
  • Port of Tanjung Pelepas (PTP) to invest US$1.2 bn in phase three expansion project
  • Evergreen signs order for ten 2,800-TEU ships from Japanese shipbuilder Imabari
  • Maersk fits out 12,900 boxes with Carrier Transicold PrimeLINE reefers
  • Iran plans to invest US$120 billion to expand its shipping fleet
  • South Carolina ports see September's container volumes rise 11pc to 167,549 TEU
  • Complications prompt India to re-tender Mumbai offshore box shop
  • Barge sinking near oil refinery closes Houston Ship Channel: USCG
  • Cathay Pacific's freight head has faith in new Cargo Services System
  • 12 freight forwarders qualify for Lithium Battery Certification for Air Transport scheme
  • UPS joins Tunisian airline to provide express service to African capitals

Exim Indiaweb site
OCTOBER 25, 2015
  • DNV GL releases new guideline on cargo liquefaction for safer bulk trade
  • Link Shipping's RoRo PCTC coastal service launched from New Mangalore Port
  • London P&I Club says digital cameras can provide vital evidence in defending claims
  • UASC reefer offering continues to expand
  • Vigilance still seen as crucial though piracy High Risk Area in Indian Ocean reduced
  • WISTA India holds its 3rd AGM after a successful year of growth
  • Cashew exports down in H1
  • General Motors exports 3,000 cars to Mexico
  • Apple exporting countries object to India's decision to import only via one port
  • Grand gala opening of Seabird CFS at KPCT
  • CCEA approves one-time fund infusion to revive & complete languishing National Highway projects
  • Railways, Adani Power sign power purchase agreement
  • Centre levies anti-dumping duty on several goods
  • FY15 sees highest coal import in India
  • India advised to enter into FTAs to protect textile & apparel industry
  • IOC's Paradip-Durgapur LPG pipeline to be ready next year
  • World Bank prescriptions for transaction cost reduction & ease of doing business
  • PM heaps praise on Gadkari

International Transport Journalweb site
  • Small unmanned aircraft - A Christmas nightmare?
  • Transport performance on a par with 2008
  • New branch founded in Colombia
  • Container terminals linked up online
  • Europe's biggest single B787-9 order
  • Week 44 flanked by spectacular events
  • Port of Tuticorin goes digital
  • Lower revenue and less freight for UP
  • EPA honours environmental and energy efficiency
  • Sunny skies for ABC in September
  • K+N taking up space in Zal
  • New rail terminal in Calais port
  • New rates for container trains from China to Iran
  • K + N opens office in Santo Domingo
  • UIA reports cargo traffic surge
  • Box rates still in free fall
  • Expectations show signs of wilting

IHS Maritimeweb site
OCTOBER 23, 2015
  • Letter from the Editors: Richard Clayton and Neil Wiese
    Dear Readers, For over 130 years IHS Fairplay magazine has delivered news and analysis focused on the shipping industry to enable readers to make informed decisions about everything from day-to-day operations to long-term financial investments. Now we are taking an important next step in the
  • Pullmantur impairs Royal Caribbean
    Royal Caribbean has posted better than expected results as Caribbean sales by North American brands outweighed Latin American weakness for Spain's Pullmantur brand. The cruise major reported net income of USD228.8 million in 3Q15 versus USD490.2 million in 3Q14. Excluding a USD299.3 million
  • Stevedore killed in Helsinki port
    A stevedore died after becoming trapped between two containers in the port of Helsinki. The incident happened on 22 October at Vuosaari Harbour: the main cargo handler, dealing with box and ro-ro operations, at the Port of Helsinki, which consists of three harbours. The unnamed stevedore was
  • Icon Offshore clinches contract with ExxonMobil
    Icon Offshore has secured a short-term contract to supply two anchor-handling tug/supply vessels (AHTSs) to oil major ExxonMobil. The contract is worth MYR7.7 million (USD1.8 million). According to the Malaysia-listed offshore services provider's filing to Bursa Malaysia, ExxonMobil Exploration &
  • China to keep importing bauxite as aluminium demand grows
    China is expected to remain the world's largest consumer of aluminium and will thus continue importing huge amounts of bauxite. China is both the largest consumer and importer of bauxite in the world, accounting for approximately half of global imports of the aluminium-making ingredient. Italian
  • South Korea helps develop overseas ports
    South Korea's Ministry of Oceans and Fisheries (MOF) has signed a memorandum of understanding (MoU) with the Export-Import (EXIM) Bank of Korea on providing financial assistance for port development in developing countries. This would encourage greater exports and imports to and from South Korea
  • Tianjin blast continues to affect ports' throughput
    Throughput at China's top eight container ports showed a modest fall in September as the after-effects of the deadly August blasts at Tianjin port continue to weigh on the numbers. Volumes at Tianjin, which is China's sixth-largest container port and the tenth-largest in the world, dropped by more
  • EMS Energy signs LoI worth USD570 million
    Singapore-listed marine solutions company EMS Energy signed a binding letter of intent (LoI) worth USD570 million for the supply, testing, and commissioning of up to six sets of major equipment package (MEP) for rigs. According to its filing to the Singapore Exchange, the LoI was signed by newly
  • KDB offers help to DSME, with strings attached
    The Korea Development Bank (KDB) has voted to assist beleaguered shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME), but has imposed conditions. KDB on 23 October said it would provide a KRW4 trillion (USD3.5 billion) injection into the struggling company but DSME would have to undertake
  • APM shares slip to 52-week low
    Shares in Danish shipping giant AP Moller-Maersk (APM) slipped by 7% to a 52-week low after the company on 23 October issued a profit warning due to weaker-than-foreseen container shipping development. By mid-morning local time, APM shares traded at DKK9,740 (USD1,450.20), down 7% from the opening
  • Belships records more losses
    Belships, the listed Norwegian owner of four dry bulk carriers, has reported a deepening of loss for both the third quarter of 2015 and the first nine months of the year on weak markets and impairment charges. Group net loss in third quarter of 2015 amounted to USD4.1 million, compared with USD2.6
  • APM issues profit warning on worse than anticipated container market
    A.P. Moller-Maersk (APM), the Danish shipping giant, has issued a profit warning on worse than foreseen development of the container shipping market, which impacts its Maersk Line unit, the company said in a statement. "The container shipping market has deteriorated beyond the Group's expectations
  • Sembcorp Marine 3Q15 profit down 77% on sinking offshore rig market
    Singapore-listed Sembcorp Marine's third quarter of 2015 profits plunged 77.4% on a year ago amid a deepening slump in the offshore rig building business and higher finance costs. The offshore services provider posted a profit of SGD31.5 million (USD 22.75 million) for the third quarter that ended
  • Ezra posts 24% increase in profit after tax
    Singapore-listed offshore services provider Ezra Holdings' profit after tax increased 24% year on year (y/y) to USD67 million for the financial year (FY) 2015 that ended on 31 August 2015. However, the company's net profit for the FY 2015 dropped 3% y/y to USD43.7 million, although the company's

The Loadstarweb site
OCTOBER 23, 2015
  • Maersk issues profit warning as container line feels the ripples of weak peak season
  • Cargo crime is on the increase in Europe, with truck hijacks becoming more violent

Marine Logweb site
OCTOBER 23, 2015
  • German owner to convert containership to LNG fueling
  • Swiftships gets $10.9 million Iraq award
  • PSV to be converted to wind farm service vessel
  • DryShips to acquire Nautilus Offshore Services
  • Fednav takes delivery of first BWTS equipped Laker
  • Maersk trims profit guidance, sees shares fall

World Wide Shipperweb site
OCTOBER 23, 2015
  • Sea-Tac Airport breaks records with summer passenger totals
  • Federal Maritime Commission Oks new OTI licensing rules
  • Bureau of Transportation Statistics releases updated transport numbers
  • Coast Guard suspends search for reported man overboard
  • International Shipholding places hold on scheduled stock dividend payments

Lloyd's Listweb site
OCTOBER 23, 2015
  • Capesize shows 'promise' as BCI rises 11%
    More interest in Brazil-China route although some say the uptick will not be sustained
  • Maersk to re-flag six UK boxships
    Maersk to have no UK-flagged container vessels 'within a few years'
  • Bunker buster: OW test case goes nuclear
    ING says pay, Pappas wants to take it all the way
  • OW Bunker ruling: U O ING $1bn
    Whatever the legal position, the outcome is unfair to shipping and bunkering
  • Impairment loss weighs on Belships
    Delivered fleet remains on time charter at 'favourable' rates
  • Asia-Europe carriers pin hopes on November price push
    Latest GRIs cannot come soon enough as spot market continues to bring little joy for lines
  • Nanjing Tanker posts stronger results
    Net profit topped $75m in first nine months
  • Plentiful VLGC availability chips away at owners' sentiment
    Market looks well supplied with vessels for November loading programme
  • OOCL Asia-Europe revenue slumps 32.2%
    Trans-Pacific and Intra-Asia volumes emerge as bright spots as Asia-Europe plummets
  • Cosco Singapore says FPSO delivery delayed by nearly two years
    Delay due to changes in technical requirements
  • Maersk Line full-year forecast cut by $600m
    Continuing freight rate crisis knocks liner business contribution to group
  • China slowdown threatens container securities
    Weaker Chinese growth may raise lessee default risk for struggling global shipping lines
  • Inmarsat inks strategic pact with China
    Partnership will see company's satellite communications used in China's One Belt, One Road project
  • Cosco Singapore warns of loss in the third quarter
    Falling oil prices, shipbuilding slump and weak dry bulk market hurt shipbuilder
  • Wessels Reederei converts feedership to LNG fuel
    The company received a seven-figure government grant for the project
  • DryShips buys six-ship fleet from Nautilus Offshore Services
    All six vessels are on time charter to Petrobras through 2017

The Journal of Commerceweb site
OCTOBER 23, 2015
  • Hurricane Patricia shuts Manzanillo, Mexico, port
    As the strongest hurricane on record in the Western Hemisphere barrels toward Mexico's Pacific coast, the country's largest container port has suspended operations, thousands have fled the coastline and the nation is preparing for impact. Category 5 Hurricane Patricia was less than 100 miles southwest of the port of Manzanillo Friday...
  • Landstar revenue, profit increase despite headwinds
    Landstar System defied a drop in fuel surcharge revenue and a softer flatbed market by increasing total revenue and profit and raising truck capacity to record levels in the third quarter. With a weak freight outlook, however, Landstar may throttle back capacity expansion in 2016. Steady dry-van demand, increased truck revenue...
  • Savannah reports volume gains for September
    The Port of Savannah posted increases of 5.6 percent in full containers, 13.4 percent in full import containers, and 7.3 percent in total 20-foot-equivalent volume during September. The overall volume of 317,411 TEUs was the highest for any September at Georgia Ports Authority terminals, and represented Savannah's seventh consecutive month of...
  • US maritime regulators to re-examine contracting rules
    The U.S. Federal Maritime Commission has voted to seek comments on possible changes to rules covering contracts that govern most ocean container shipments to and from the United States. The FMC plans later this year to propose changes to shipper-carrier service contracts and non-vessel-operating common carrier service arrangements. The commission said...
  • As talks continue, UPS pilots authorize strike
    After four years of negotiations, an overwhelming majority of 2,500 UPS pilots voted to authorize a strike against the largest U.S. transport operator. The 2,252-to-8 vote gives the Independent Pilots Association the authority to request a release from federally mediated negotiations with UPS and to call a strike once talks are...
  • US maritime regulators approve new rules for intermediaries
    The U.S. Federal Maritime Commission voted 4-1 to change licensing and financial responsibility requirements for ocean transportation intermediaries, despite objections from one commission member. The new rules, more than two years in the making, require OTIs to renew their licenses online every three years beginning in late 2016. The rules also...
  • Watch XPO's Jacobs talk strategy, logistics with JOC.com
    XPO Logistics Chairman and CEO Brad Jacobs spoke with Alessandra Barrett, senior content editor, at the JOC Inland Distribution Conference in Memphis, Tennessee, about his company's fast growth through about $7 billion in acquisitions this year. Jacobs, a keynote speaker at the conference is close to completing the acquisition of...
  • Planned container hub aimed at easing Moscow congestion
    A planned $350 million container hub serving Moscow is aimed at handling increased cargo flows, reducing urban congestion and speeding distribution into central Russia. The 4.3 million square foot complex, dubbed Bely Rast, in the Dmitrov area, is intended to help shippers save on the estimated 10 to 12 percent in...
  • OOCL reports third-quarter drop in rates, revenue
    Credit: Nige BrownPlunging rates and excess capacity caused Orient Overseas Container Line's third-quarter revenue to fall 12.2 percent despite an uptick in volume. Orient Overseas (International) Ltd.'s latest quarterly operational update for its OOCL unit followed Maersk Group's announcement that it had cut its 2015 profit outlook by $600 million because...
  • Tianjin pulls down throughput at top China ports
    Throughput at China's top eight container ports showed a modest fall in September as the after-effects of the deadly August blasts at Tianjin port continue to weigh on the numbers. Volumes at Tianjin, which is China's sixth-largest container port and the 10th-largest in the world, dropped by more than 25 percent...
  • Saluting rail innovators, at a time innovation is needed
    Lawrence J. GrossI was saddened several weeks ago to hear the news of the major restructuring and downsizing of Norfolk Southern's Triple Crown Services, the sole remaining North American operator of the RoadRailer technology. I can't claim to be objective on the matter, because my involvement with RoadRailer spans the...
  • China-US spot rates decline with little appetite for GRIs
    HONG KONG - There was little to excite container shipping lines in the east-west trades in terms of spot rates this week, with the Shanghai Containerized Freight Index showing a weakening of Asia-U.S routes and flat prices on the China-Europe and Mediterranean lanes.Spot rates on the Shanghai-U.S. West Coast route...
  • Brad Jacobs' grand design for engineering growth
    For the last four years, Bradley S. Jacobs has been one of the more interesting people operating in the global freight supply chain. Like the portfolio of companies he's building, the XPO Logistics CEO is rapidly broadening that description to fit the global stage. Consider this: Since Jacobs and his private...
  • Blue Dart Express profit rockets on strong revenue, fuel cost savings
    Blue Dart Express, India's leading express air and logistics service provider, posted a 74.5 percent jump in net earnings in the second fiscal quarter, as operating revenue grew robustly, helped by lower fuel costs and new business strategies. The Deutsche Post DHL Group company earned approximately $8.3 million in the three...
  • Berth productivity: one way for carriers to keep cutting costs
    With container spot rates plummeting and contract rates weakening in their wake, ocean carriers, having essentially no control over pricing, are intensifying their efforts to uncover cost savings. That's why improving productivity at the berth, which allows lines to maximize slow-steaming while remaining on schedule, is taking on a higher...
  • APL drops Fujairah from India-Mideast feeder rotation
    Singapore-based container carrier APL announced it is discontinuing an existing call at Fujairah, United Arab Emirates, on its Middle East Express, or SMX, service, effective this month. As a result, the intra-regional loop now has the following port rotation: Jebel Ali, United Arab Emirates; Sohar, Oman; Karachi, Pakistan; and back to...
  • AirBridgeCargo traffic growth continues to outpace Europe rivals
    LONDON - Russia's AirBridgeCargo Airlines continues to outperform its European rivals with traffic soaring 28 percent in September despite the steep slump in its domestic economy. The all-cargo airline transported 46,826 tons last month taking traffic for the first three quarters of the year to 379,338 tons, an increase of around...
  • Auto parts import growth from Mexico drives steady recovery
    Cross-border shipments of auto parts from Mexico are outpacing growth in containerized imports through U.S. ports in a market roiled by West Coast port congestion and diversion to air freight during the first half of this year. Mexico's share of the value of U.S. auto parts imports rose to 33.8 percent...
  • Maersk slashes 2015 profit outlook on weak container shipping market
    LONDON - The Maersk Group today slashed its 2015 profit outlook by $600 million due to a deteriorating global container shipping market. The owner of Maersk Line, the world's biggest ocean carrier, said it now expects a full-year underlying profit of $3.4 billion, down from a previous estimate of $4 billion. This...
  • Weak global trade drags down air cargo
    HONG KONG - Asia's air cargo markets weakened in the third quarter, hampered by slowing global trade and tough comparisons with last year, with the industry still holding thumbs for a pre-Christmas bump to push up full-year traffic figures. "The region's carriers experienced a 1.1 percent year-over-year decline in air cargo...
  • G6 suspends a trans-Atlantic service as spot rates fall
    G6 Alliance carriers have suspended a trans-Atlantic service, the latest sign liners are pulling back capacity after spot rates hit the lowest level in more than a year. The move follows the downgrading of a trans-Atlantic service by members of the 2M Alliance. G6 carriers - APL Logistics, Hapag-Lloyd, Hyundai Merchant...
  • Key Brazilian box port Itajai closed as heavy rain makes channel dangerous
    Shippers are facing delays at the port of Itajai after local pilots closed the southern Brazilian container gateway because of strong currents from the River Itajai-Açu and massive silting they caused. Itajai - Brazil's second-largest container port and a major chicken export gateway, with more than 1 million 20-foot equivalent units...

TradeWindsweb site
OCTOBER 23, 2015
  • Firm orders Jones Act compliant vessels
    Green Shipping Line (GSL) orders vessels from US builder for cabotage trade
  • Ports brace for Patricia
    Mexico's Manzanillo Port remains open, but ship transits slow as hurricane nears.
  • Merkel votes for shipping support
    Shipowners welcome positive pledges from German chancellor at Bremerhaven national conference.
  • Fain says 'double-double' getting done
    Royal Caribbean chief executive says effort to bolster profitability is on track.
  • UK broker alleges fraud by Dubai outfit
    Century Marine goes to police after accusing Malin Marine of replicating website.
  • Savannah sees record September throughput
    Georgia port reports 7.3% increase in container volumes in strong year for facility.
  • Bahri buying VLCC pair in $157m swoop
    Saudi company set to pick up two tankers at a price which suggests firming asset values in the sector.
  • G6 suspends US run
    Group of lines halts AX4 service from Europe due to seasonal demand changes.
  • Bahri buying VLCC pair
    Saudi company picks up two tankers at a price which suggests firming asset values in the sector.
  • RCCL sees another profitable quarter
    Cruiseship owner posts strong Q3 result as it launches $500m share buyback.
  • RCCL profit keeps growing
    Cruiseship owner posts another strong quarterly result as it launches $500m share buyback.
  • Cable-layer for sale
    US marshall to auction off laid-up OPI offshore barge.
  • Tanker on the block
    Turkish vessel arrested in Malta will be sold by mortgagee.
  • Dolphin returns Sanco ships
    Oslo-listed company receives notice of termination for the charter of two seismic survey vessels.
  • Golar nets FSRU funds
    China Merchants Bank steps in with loan for newbuilding and refinancing package.
  • Monjasa adds hotel ship
    Danish owner reveals new offshore wind farm design being built at Fayard.
  • HNA boosts its Dorian stake with $7m buy
    Chinese group grows its holding in New York-listed VLGC owner with second major acquisition.
  • DryShips makes $120m offshore play
    George Economou lending his US-listed company $50m to buy six-ship fleet of Nautilus OffShore Services.
  • Ferry double for US shipyard
    All-American Marine to build two 150-pax vessels funded by Deepwater Horizon pay-out.
  • OW Bunker appeal fails
    UK Appeal court again turns down plea, leaving owners open to having to pay twice for fuel.
  • Jefferies hikes fourth quarter VLCC forecasts
    Analyst Doug Mavrinac's sums show Wall Street tanker giants will beat expectations in 2015.
  • Cosco agrees to FPSO delay
    Chinese shipbuilder says unit ordered in 2012 will be handed over in 2017 due to technical changes.
  • London Club seeks 5%
    A general increase of 5% is to be sought by the London Steam-Ship Owners' Mutual Insurance Association, the second of the International Group protection and indemnity clubs to announce its renewal strategy.
  • OOCL revenue hit in Q3
    Asia Europe decline takes toll on Hong Kong-listed container line's third quarter income.
  • Icon ships out AHTSs
    Malaysian-listed offshore vessel owner enters short-term agreement for two ships with ExxonMobil.
  • Pelni in haze evacuation
    Worsening smoke levels in Indonesia could see state owner PT Pelni take children from most toxic areas.
  • Ezra finishes strongly
    Subsea vessel owner books positive annual result as it sees challenges and lower rates ahead.
  • Maersk issues profit warning; shares crash
    Trouble in the container shipping market sees Danish heavyweight slice its full year forecast.
  • Docker dies in Finland
    Finnlines says worker for stevedoring subsidiary trapped between two boxes on ship in Helsinki.
  • Boxship runs aground
    BF Fortaleza towed to Maloy, Norway, after incident on Thursday morning.
  • AP Moller-Maersk fires profit warning
    Trouble in the container shipping market sees Danish heavyweight slice its full year forecast.
  • Maersk fires profit warning amid box slump
    Trouble in the container shipping market sees Danish heavyweight slice its full year forecast.
  • TGS earnings shrink
    Seismic survey player hit by cuts to exploration spending in third quarter.
  • Fleet write-down bashes Belships
    Norwegian owner increases Q3 loss as it takes impairment hit on value of its bulkers.
  • Fire strikes Royal Caribbean's Splendour
    After engineroom blaze on cruiseship, 21 people are treated for smoke inhalation.
  • GATX preps sale of some shipping assets
    Railcar leasing company plans to divest much of marine portion of portfolio management division.
  • Panama reaffirms open date for widening
    All signs point to April startup for expansion of the Panama Canal, agency says.

American Shipperweb site
OCTOBER 23, 2015
  • Maersk fires profit warning
  • OOCL Q3 revenues drop 12.2% on Asia-Europe woes
  • NY/NJ Port Authority approves new intermodal rail terminal
  • Grimaldi to acquire remaining shares of Finnlines
  • Environmental review planned for Terminal 5 expansion in Seattle
  • Chinese automotive 3PL to use JDA for transportation solutions
  • South Carolina attracts more out-of-state manufacturers
  • UPS pilots vote to authorize strike
  • Debris washing up in Bahamas linked to El Faro
  • CMA CGM decreases frequency on Europe-Africa loop
  • K + N opens first office in Dominican Republic
  • FMC to examine service contracts, NSAs
  • House committee approves multi-year transport bill just one week ahead of deadline
  • Prologis net income skyrockets in Q3
  • Port of Savannah continues record run

The Bunker Bulletinweb site
OCTOBER 23, 2015
  • Profits climb for cruise line
    Bunker costs down even as fuel purchases climb.
  • OW: Most assets tied up in oil deals
    Which will now go to company estate.
  • Maersk Line slashes earnings outlook
    'The container shipping market deteriorated beyond the group's expectations.'
  • OW: London appeal decision raises 'more questions than answers'
    P&I Club says industry deserves better.
  • MPA: LNG bunker licences linked to demand
    But can expect more than one to be issued in run up to pilot programme.
  • Dry bulk operator struggling despite emergency loans
    'The company is in a difficult situation, but it is operating and earning some money.'
  • Piraeus port strike: Bunkering unaffected.
    Two-day action having little impact on ship fuel supply.
  • Enagas developing LNG bunkering at Euskadi
    LNG bunkering tests currently being conducted, says company president.
  • Global Risk Management hires staff
    Fuel hedging firm adds to Danish team.
  • Firms eyeing Nigerian state bunkering contract
    NNPC starts bidding exercise.
  • Global Risk Management hires Controller
    Andri Stefansson is based in Middelfart, Denmark.
  • Greek, French bunker players team up
    'Our new operational scheme will be ready in November.'
  • EU MRV: 'Amount of data required is daunting'
    Shipping industry understands need for CO2 monitoring but fears documentation requirements will make it an expensive and onerous regulation.
  • No talk of cutting oil production at OPEC meeting
    Russia is 'not going to change position' and cut production, says OPEC delegate.

›››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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