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Independent journal on economy and transport policy
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BRIEFS
May 17, 2017
Sched Netweb site
  • Zim narrows quarterly loss to US$6.4 million from $56.3 million
  • Savannah handles 10,000 TEU working 13,092-TEU Cosco Development
  • International Chamber of Shipping seeks 50pc CO2 emission cut in 2050
  • DHL quarterly profit up 0.3pc to US$732 million, all business segments up
  • Agility Q1 profit up 11.1pc to US$47.9 million as sales rise 7.3pc
  • Hamburg port's quarterly earnings rise 34pc to US$26.67 million
  • 'K' Line to merge ship management units into new division
  • Adani to open new container terminal at Ennore port by mid-June
  • DHL tries out new tech to make for a speedier, safer warehouse
  • DHL Global Forwarding to open hub in Stuttgart to tap China rail
  • UN consultative group backs zero-emission global warming aims
  • Lars Jensen warns carriers of falling into One Touch ecommerce trap
  • Air cargo operators quit Brussels after noise pollution fines hit
  • Emirates profit falls 70pc to US$670 million as revenues rise 2pc
  • IAG Cargo adds low cost airline LEVEL to its freighter fleet

Exim Indiaweb site
MAY 16, 2017
  • FFFAI highlights working problems with ICEGATE & related issues in representation to CBEC Chairperson
  • Implementing international regulations to promote maritime safety, security & improved working conditions stressed
  • NCHAA to organise GST meet in Noida after GSTC meeting in Srinagar
  • Regional centre promoting ship energy-efficiency technologies & operations launched
  • Ryal Logistics Pvt. Ltd - Going strong at 20
  • Smaller vessels will see freight rate recovery in LPG segment, says analysis
  • Exports continue to surge, up 20 pc in April 2017
  • V.O. Chidambaranar Port's coal handling capacity to see four-fold increase
  • Multimodal logistics park to come up near Kamarajar Port
  • Economic outlook survey projects GDP growth of 7.4 pc for 2017-18
  • CBDT simplifies linking PAN with Aadhaar

International Transport Journalweb site
  • Another world
  • Certification - but how?
  • TIR to boost transport along Belt and Road route
  • New site in Romania opens for business
  • Panama Canal sees transits soar in April
  • 455 measures to improve rail network
  • Honours for Air Canada's CFO today
  • Logwin opens up near Perth
  • Leadership change at Unilode (formerly Chep)
  • K Line merging affiliates
  • Funds for building Australia's inland rail
  • Canadian North resumes regional routes
  • "Heavy" takeover in Philadelphia
  • Best "smart port" information systems in Marseille
  • ECS welcomes Oman Air Cargo in Benelux region
  • Dropping anchor in Algeciras
  • China and Pakistan to modernise rail link

IHS Maritimeweb site
MAY 16, 2017
  • Port State Control agreement to tighten check on sub-standard ships
  • Lauritzen's outlook remains unchanged as markets show signs of recovery
  • Shanghai's new IMO-EU centre aims to tackle regional ship emissions
  • IRClass targets Southeast Asia with a view on quality
  • Thoresen Thai Agencies restores profitability
  • Avance Gas sees another year of challenge ahead after 1Q17 loss
  • Samsung HI resumes work, except accident scene
  • Beyond Q1 losses, ASL Marine expects weak demand ahead
  • POSH ups claim to USD11.3 million in OSV charter dispute with Makamin
  • NYSHEX portal to enforce shipper-liner contracts
  • Profits for SM Group's shipping entities
  • Cargill, Navios purchase bulk carriers amid rising prices
  • Corporate governance scorecard: Kirby best, DryShips worst

The Loadstarweb site
MAY 16, 2017
  • The Hanjin effect: improved first-quarter may be the turning point for HMM
  • Smoother sailing for carriers with higher Asia-Europe contract freight rates
  • Top passenger airport Atlanta invests heavily to boost its cargo credentials
  • 'Trade drives progress' says IRU, with TIR crucial to Belt & Road initiative
  • OOCL grabs the crown as its 21,413 teu behemoth takes to the seas
  • Start-up the Airbnb of warehouses, with Amazon in its sights
  • Another day, another disruptor. Flexe is the Airbnb of warehousing. In fewer than five years, ...
  • Amazon's grand plan to eat the world

Lloyd's Listweb site
MAY 16, 2017
  • Yard Talk | How are shipbuilders making money again?
    Major listed yards in China and South Korea enjoy profitability in January-March
  • Suicide rates at sea have more than tripled in a year
    More than one in seven deaths on vessels were suicides - and social media may be the cause, according to UK P&I Club
  • Results Round-up
    Tankers look for bright spot in a challenging first quarter as dry bulk owners see mixed fortunes
  • GulfMark to file for Chapter 11
    Offshore outfit looks to slash more than $500m of debt as noteholders agree reduction in note payments in exchange for future equity
  • Major task ahead for lines amid new influx of ULCs
    Drewry highlights the risk of yet more big ships entering the major trades
  • Absence of one-off gains cuts Pan Ocean profit
    South Korean dry bulk owner stays in the black and has high hopes for 2017
  • Equity markets take dim view of box shipping prospects
    Overcapacity and competition lead to bearish outlook for liner companies, conference told
  • Fresh coal cargoes fail to stem supramax bulker slide
    Despite overall fall, spot deal reported at $20,000 per day from Colombia to Chile
  • Avance Gas looks beyond losses to hopes of a better 2018
    Focus is now on maintaining operational efficiency, reducing costs and preserving strong liquidity position and balance sheet
  • Success of new alliances too early to call
    BIMCO analyst says meaningful judgements cannot be made until at least 2018
  • Cosco Shipping poised to launch investment fund
    As well as financing newbuildings and secondhand tonnage, venture will also focus on distressed shipping assets, restructuring and securitisation deals
  • Distressed debt investor linked to HSH Nordbank bid
    Cerberus eyes German lender's non-performing loans
  • Navios Acquisition posts lower first-quarter profits
    Angeliki Frangou says fleet scored 42% higher rates than tanker spot market
  • Offen rules out boxship orders amid continued overcapacity threat
    Huge volume of new boxship deliveries in the coming years could make fragile recovery stillborn, say industry experts
  • Eight-day strike to hit Spanish ports
    Go-slows in major ports have already begun as unions protest labour reforms
  • Box shipping recovery relies on ordering restraint, owners told
    Shipyard overcapacity remains a threat to stability, says James Frew
  • Torm posts small first-quarter profit
    Danish tanker operator confirmed sales of three ships built in the early 2000s
  • J. Lauritzen's owner injects capital as loss widens
    Market remains challenging despite improving dry bulk rates, says chief executive
  • Further consolidation likely if box line balance sheets not repaired
    Carriers cannot afford another extended period without profitability
  • World box traffic surged 10% in first quarter
    Intra-regional trade was the primary driver of growth, with volumes up 17%, versus 7% for deepsea traffic, CTS preliminary data shows
  • HMM seeks handling fees review with PSA at Hyundai Pusan Newport Terminal
    Shipping line says it pays higher fees compared with other carriers using terminals in the port
  • Settlement deal reached with most of the Stellar Daisy seafarers' families
    Polaris Shipping says it will continue the search for the 22 missing crew members to the best of its ability
  • Thoresen Shipping back in the black on BDI recovery
    Group's average TCE rate in the first quarter stood at $7,015 per day, an 87% rise from the year-ago period
  • GasLog Partners raises $139m from unit offering
    Net proceeds to go toward asset buys, debt repayment, capital expenditure and working capital

The Journal of Commerceweb site
MAY 16, 2017
  • Two-day strike disrupts Brazilian ports
  • KCS plans summer track maintenance
  • LA, GE launch 'smart' terminal to better handle surges
  • Rising market fails to lift stocks of Japanese carriers
  • LA-LB truck turn times stable amid new alliances
  • ILA leader sees no 'hiccup' on longshore negotiations
  • Rickmers Maritime fleet sale court case postponed
  • Productivity progress accelerates at India's top port
  • Poor rolling stock hampers Russian rail utilization
  • Spanish dockworkers to strike again over labor reforms
  • US shipping unit weighs on Sumitomo Warehouse earnings
  • Mexican Pacific coast competition intensifies

TradeWindsweb site
MAY 16, 2017
  • Navios Acquisition looking to take in First Ship Lease tankers
    New York-listed tanker arm of Navios group eyes most of takeover target's fleet.
  • Hansson and son lift NAO stake to 7.7%
    Executive chairman's family has spent $2.85m on offshore vessel owner's shares this week.
  • Euronav banks $150m from Nordic bond issue
    Move sees tanker owner add another 'footprint' in the capital markets, CFO says.
  • GulfMark reveals Chapter 11 plan backers
    DNB provides $35m loan while key institutional investors sign on to restructuring plan.
  • Torm watching and waiting with $265m war chest
    Jacob Meldgaard says products tanker owner has plenty of ammunition to go after the right deal.
  • Avance Gas: VLGC consolidation 'not over'
    Christian Andersen believes more M&A is on the way between gas carrier owners.
  • Carval tipped for panamax entry with double buy
    Brokers believe Cargill-linked owner is closing on a $30m transaction.
  • Polarcus hands stock options to new CEO
    Duncan Eley now holds 2.65m shares worth a potential $87,000.
  • GulfMark inks deal to head into bankruptcy
    Restructuring agreement will nearly wipe out existing shareholders but will reduce debt by $430m.
  • Wintermar clinches $71m debt deal with banks
    Indonesian offshore player wins more time to pay off debt in slump.
  • Navios Acquisition sees in-line profit decline
    Angeliki Frangou-led tanker owner also reveals new loan facility of $24m.
  • Abandoned reefer taken under tow
    Stricken Baltmed vessel heads away from Falkland Islands conservation zone.
  • Hyundai Mipo workers getting paid leave
    Management and union agree deal to idle workforce in slump.
  • Missing captain found alive on Spanish beach
    Master of car carrier taken to hospital after falling overboard in Cadiz.
  • Lorenzo Shipping slashes quarterly loss
    Filipino boxship owner reduces red ink in first quarter as revenue slides.
  • Exmar hits the road for bond finance
    Belgian owner floats possibility of new issue to pay off maturing $117m debt.
  • POSH increases claim in Makamin charter row
    Singapore owner adds $4.7m to legal action, as counterclaims fly.
  • Ferry owner 2Go makes less
    Manila-based company reports smaller net income as operational expenses rise.
  • KLC triples operating earnings
    Korean bulker and LNGC owner boosted by new SM Line in first quarter.
  • Eyal Ofer's Zodiac returns to VLCC market
    Second-hand deal marks tycoon's first purchase of a trading VLCC in a decade.
  • Eidesvik Offshore facing restructuring
    Owner logs bigger profit but says market situation could mean refinancing needed.
  • Torm sells two tankers and enters third leaseback deal
    Danish owner reveals latest deals alongside profitable first quarter performance.
  • Bulker bounce helps Lauritzen in first quarter
    Gas ship division also puts in stronger operating numbers in the first three months of 2017.
  • Neda Maritime sells older VLCC
    Lykiardopulo company offloads 2002-built tanker to compatriot, brokers say.
  • ASL Marine falls into the red
    Singapore OSV owner hit by higher costs in its third quarter.
  • Avance Gas crashes to first quarter loss
    Norwegian owner says VLGC recovery will not take place until 2018.
  • Cosco set to unveil international fund
    State giant's new project will only invest in shipping and offshore assets.
  • Interest expenses drag down Navig8 Product
    Surge in finance costs helped to fuel a plunge in quarterly profit at Nicolas Busch-led shipowner.
  • Thoresen Shipping returns to the black
    Owner of 20-strong supramax fleet rides freight rate rally to make positive start to financial year.
  • Hoegh Autoliners sends PCTCs for scrap
    Norwegian shipowner takes car carrier green recycling to 17 ships with latest disposal.
  • Pan Ocean expands handymax footprint
    South Korean shipowner's move looks to be part of wider build-up of dry cargo fleet.

American Shipperweb site
MAY 16, 2017
  • HMM reports smaller Q1 loss
    Hyundai Merchant Marine (HMM) reported an operating loss of 131 billion South Korean won (U.S. $117 million) in the first quarter of 2017, ...
  • Spanish unions call for more port strikes
    Spanish trade unions have called for another wave of port strikes in protest of the government's plan to change the existing labor system a...
  • Evergreen earnings turn a corner in Q1
    Evergreen Marine Corp. had a net profit of 168.9 million New Taiwan dollars (U.S. $5.6 million) for the first quarter of 2017, up from a lo...
  • Industry groups push for increased freight infrastructure spending
    Various freight transportation groups from around the country are traveling to Washington, D.C. this week to encourage more spending on inf...
  • New USTR chief gets to work
    Robert Lighthizer was officially sworn in Monday as the United States' new trade representative. "President Donald Trump made a promise to...
  • Executive Moves: VersaCold and Pilot Freight Services
    Source: Pressmaster/Shutterstock VersaCold Logistics Services appoints chief operating officer, while Pilot Freight Services names vice pres...
  • Port of Cleveland unveils future investments
    The Port of Cleveland unveiled projects to repair key bulkheads and improve efficiencies at its facilities. Over $6 million in funding wil...
  • UPS incorporates AI in package tracking
    Package delivery and logistics provider UPS has integrated its chatbot platform with the "UPS My Choice" function to allow customers to tra...
  • Milaha commences Doha-Dubai service
    Qatar-based maritime transport and logistics company Milaha is launching a new door-to-door shipping service between Doha and Dubai, the co...

The Bunker Bulletinweb site
MAY 16, 2017
  • TENDER DATA: Trafigura wins Surgutneftegaz fuel oil tender; sources
    Traders have expressed surprise at the very high levels at which the tender concluded.
  • Discipline in tanker orders offers chance for market stability: TORM CEO
    TORM's earning's presentation states a solid balance sheet with net loan-to-value of 55% and available liquidity of $405 million as of March 31.
  • ULSD moves out of ARA storage as contango narrows
    The June/July spread has been trading at minus 25 cents/mt in recent days, a record high for the June/July contract and a level unlikely to prove profitable for storage.
  • NWE LSFO cash flips to contango to front month as prompt supply rises
    The physical cash to front-month structure moved to a contango of $2.25/mt Monday from a $0.50/mt backwardation at the end of last week.
  • External: Wired Bunkering
  • FUTURES: Oil ticks up amid mixed outlook on supply
  • TRADER NOTE: Bunker Holding makes CEO changes at three subsidiaries
    New appointments are aligned with market requirements.
  • Saudi Arabia ratifies IMO's Ballast Water Management treaty
    Saudi Arabia deposited its instrument of accession with IMO on April 27.

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