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Independent journal on economy and transport policy
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BRIEFS
July 28, 2017
Sched Netweb site
  • HMM's Asia-US west coast volumes soar 77pc yoy
  • Diana Containerships swings back to the black with Q2 profit of US$36m
  • Yangtze River Delta home to 5 of world's top 100 ports
  • TransContainer's H1 volume rises 18.7pc yoy to 860,000 TEU
  • CMA CGM signs agreement with Cameroon's Port of Kribi
  • Philly Shipyard signs LOI to build up to 4 box ships for USWC-Hawaii trade
  • Growth rate of US freight volumes hauled by truck to accelerate until 2023: ATA
  • GOP congressman seeks delay for federal spy-in-the cab mandate
  • Maritime HR & Crew Management Europe conference comes to London in October
  • Asia Pacific Airlines keep up strong air cargo demand in June: AAPA figures show
  • US$54m project to upgrade NY's LaGuardia Airport runway to start in August
  • UK to develop new aviation strategy to remove barriers to trade

Exim Indiaweb site
JULY 27, 2017
  • Container liner profitability projected to surge this year
  • DCI disinvestment being considered
  • India has a rigorous cargo vessel inspection regime
  • SCI actively participates in Mumbai PSUs TOLIC meeting
  • Coal imports down
  • Efforts on to develop Chabahar Port
  • CONCOR's regular rail service from ICD-Jakhwada to Mundra & Pipavav ports to now commence on Aug. 22
  • Nitin Gadkari lays emphasis on developing ideal Model Concession Agreement
  • Separate logistics unit for exporters
  • Codex standards for spices adopted
  • Office of the Principal Chief Commissioner

International Transport Journalweb site
  • "Alliances come first"

IHS Maritimeweb site
JULY 27, 2017
  • France to take STX France under state control
  • European Commission orders France and Belgium to end port tax exemptions
  • OOCL reveals latest box ship behemoth
  • Cost-cutting returns Samsung HI to profit
  • Abu Dhabi Ports eyes IPO
  • Why COSCO's acquisition of OOCL is a prize catch
  • Seoul to re-open Hyundai HI's Gunsan yard
  • Singapore High Court orders EMAS subsidiary to wind up
  • HMM needs USD9 billion for fleet expansion and acquisitions, says consultant

The Loadstarweb site
JULY 27, 2017
  • Frustrated shippers say there's no end in sight to barge congestion at ports
  • French and Belgian corporation tax exemption for ports must end, rules EC
  • 'Biggest lines get the best deals' in a depressed containership charter market
  • XPO Logistics finds a new president of transportation for North America
  • Air cargo slowdown puts a dent in Etihad financial performance for 2016
  • Three things every shipper should know about cyber security
  • Fake news is seeping into all corners of business

Marine Logweb site
JULY 27, 2017
  • France to temporarily nationalize Saint-Nazaire shipyards
  • Brookfield makes big investment in Teekay Offshore Partners
  • Horizon Shipbuilding and MJP sign sales and service agreement
  • Kirby Corporation eyes future inland marine acquisitions
  • VIDEO: Peace Boat's Ecoship project moves ahead
  • France's first wind farm to feature floating wind turbines
  • Matson introduces direct service between Honolulu and Marshalls
  • Philly Shipyard delivers another LNG-ready Jones Act tanker

Lloyd's Listweb site
JULY 27, 2017
  • GasLog Partners increases distribution
    Owner of 11 LNG carriers reports record revenue for second quarter
  • Navios Partners buys two more bulkers
    Latest brace continues fleet renewal spree as revenues increase
  • European Commission demands end to port tax perks in France and Belgium
    Countries are in breach of EU state aid rules
  • Moscow clears NCSP of monopoly allegations
    Russian port operator wins out in case concerning inflated transhipment tariffs
  • Finnlines extends record profit run
    Ro-ro operator's half-year results rise by 16%
  • Teekay Offshore gets a new majority partner and orders two shuttle tankers
    Strategic partnership with Brookfield Business emphasises business growth at the expense of increasing cash distribution
  • SHI posts $25.7m second-quarter profits
    South Korean shipbuilding giant emerges from heavy losses in the year-ago period as market conditions improve
  • Korea must study politics as well as economics
    Discussion of Busan port's strategies must not be deaf to the suggestion that foreign investment can be to Korea's benefit.
  • SIPG to issue $1bn bonds
    Company's largest ever overseas issuance is no surprise as it has been active with business development, SIPG official says
  • French-Chinese consortium inks deal for Cameroon port
    CMA CGM, Bolloré and CHEC sign 25-year Kribi Container Terminal concession
  • The easy way out
    Suicide has become the most common cause of seafarers' deaths. Now the ITF Seafarers' Trust hopes to throw more light...
  • China's CSIC to launch debt-to-equity swap
    Investors include China's largest manager of non-performing assets
  • Noble Group warns of $1.8bn losses and announces workforce cull
    Commodities trader is also selling North America Gas & Power unit and looking for buyer for global oil trading business
  • Scrubbers a good option for bulkers to comply with sulphur cap, MOL says
    Availability of low sulphur fuel at distant ports remains a major concern
  • Daily Briefing
  • Improving Safe Bulkers declares option to repurchase two kamsarmaxes
    Move will save $4.8m per year in bareboat hire to Chinese bank

The Journal of Commerceweb site
JULY 27, 2017
  • Crowley introduces door-to-door parcel service to Cuba
  • Chicago drayage drivers' unpaid tolls cost shippers
  • Mexican truckers plead for crack down on cargo theft surge
  • Gulf resin exports face heavy-container surcharge
  • New ways to reduce container booking no-shows emerge
  • Panama Canal wins back traffic lost to Suez Canal
  • EU outlaws tax breaks for Belgian, French ports
  • Portland asking hard questions on future in containers
  • Storms disrupt Mundra intermodal rail services
  • Finnlines' run of record profits continues

TradeWindsweb site
JULY 27, 2017
  • Safe, eschewing newbuilds, mulls S&P market entry
    But New York-listed bulker owner needs better spot rates before it will bite.
  • GasLog sees US LNG pushing new charters
    Chief executive says wave of new US liquefaction will be key for customers to enter long-term contracts.
  • Distributions outlook bleak for Teekay Offshore
    Teekay executives explain near-term focus and why investor Brookfield is poised for even bigger stake.
  • Kirby looks for bottom-of-cycle acquisitions
    Chief executive says sellers still remain resistant, but pressure is building as downturn continues.
  • DryShips expands board with two directors
    Athens-based shipowner boosts board with appointment of CFO and an Ocean Rig employee.
  • Grounded Diana bulker suffers damage to hull
    A Diana Shipping panamax bulker has been damaged after grounding in Indonesia. New York-listed Diana says the 76,400-dwt Melite (built 2004), which is on charter to Unipec Global Commodities, has been "temporarily disrupted" following the incident in Pulau Laut. The owner says the crew is safe and no pollution has occurred. "It appears that the vessel has suffered damage to her hull resulting f
  • Tanker buy continues Salmar's expansion
    Greece's Salmar Shipping is continuing its slow but steady expansion drive, returning its fleet to the size it was about 10 years ago. Director Steve Salonitis confirms the purchase of the 20,000-dwt chemical tanker Pine Galaxy (built 2004), which changed hands ear'lier this month. Salonitis declines to comment on the price, citing confidentiality agreements, but Japanese interests are said to h
  • Klaveness forges Knutsen alliance for LNG newbuild
    Klaveness Marine of Norway has entered into a joint venture with a 180,000-cbm LNG newbuilding ordered by Haugesund-based Knutsen OAS earlier this year. The Tom Erik Klaveness-controlled company is taking a 46% stake in the vessel that is fixed long term from Spanish utility firm Endesa from delivery in 2020. Klaveness Marine managing director Jon Chr Syvertsen will have a 4% stake in the shi
  • Ultrabulk Singapore wins soft newbuild funding
    Government-backed Japan Bank for International Cooperation (JBIC) is teaming up with France's BNP Paribas to offer joint funding for an Ultrabulk handysize order at Imabari Shipbuilding. The $28.3m funding is being provided to Ultrabulk Singapore to cover two 38,000-dwt bulkers. Government-backed export funding is generally regarded as financially advantageous compared with commercial terms. Ul
  • Third VLCC purchase in a year for Nathalin
    Thai tanker owner Nathalin has bought its third VLCC in the past 12 months, acquiring the 301,000-dwt Tsurusaki (built 2002) from NYK Line for an undisclosed sum. VesselsValue puts a market value of $22.75m on the ship. Sources at Nathalin confirm the purchase but are unable to shed light on any employment the company has lined up for the vessel. Nathalin is Thailand's largest tanker owner, wit
  • Budget plan takes swipe at Jones Act
    Influential group of conservative Republicans seeks to roll back US cabotage law in budget proposal, though success is not expected to be likely
  • Bergshav posts $1.8m pre-tax deficit as red sums continue
    Grimstad-based shipowner Bergshav ran up another year of red figures, according to the company's annual report. Privately owned Bergshav Holding logged a pre-tax loss of NOK 14m ($1.8m) compared with a NOK 7m loss in 2015. The company typically fixes out its tankers on time charters. In February, the 107,000-dwt Bergina (built 2007) was reported fixed to Penfield for two years at $16,500 per da
  • SteelShips sells 20-year-old handymax
    SteelShips, which maintains offices in Piraeus and New York, has shed a 20-year-old bulker. Market sources say the 48,200-dwt Steel Integrity (built 1997) was sold for further trading for $4m - around $300,000 more than VesselsValue estimates the Oshima-built ship to be worth. SteelShips purchased the vessel in 2013 as the Juergen Schulte. TradeWinds reported that the vessel changed hands fo
  • Experts warn tanker earnings face a long road to recovery
    Spate of new orders and Opec's moves add to lower spot rate forecasts
  • Jebsen sinks to hefty loss of $44m in 2016
    Bergen-based owner Kristian Gerhard Jebsen Skipsrederi recorded a hefty loss last year, according to figures now publicly available. The privately owned and diversified company logged a $44m loss in 2016, compared with a $32.3m profit one year earlier. Operating revenues fell from $384.2m to $317.4m year on year. Jebsen has a largely modern fleet of 22 tankers and bulkers from 110,000 dwt to 1
  • Torm back in buying mode with MR resale purchases
    Four-ship deal fits company's strategy of counter-cyclical growth but identity of latest additions is less clear cut
  • Fredriksen sells last tanker built before 2000
    Norwegian shipowner John Fredriksen has sold his last tanker built before 2000. The Hyundai Heavy Industries-built 153,000-dwt Front Ardenne (built 1997) has been sold for slightly less than $9m for further trading to a Chinese buyer, which is $500,000 more than its scrap value. The ship is owned by Fredriksen's ship investment vehicle Ship Finance International (SFI), which had the ship on ch
  • AM Nomikos carries out asset play on handysize unit
    Greek owner AM Nomikos appears to be conducting an asset play deal on a 13-year-old handysize bulker it bought in July last year. The Hakodate Shipyard-built, 31,000-dwt Ephesos III (built 2004) has been sold to Manta Denizcilik of Turkey for $6.75m, sources say. AM Nomikos declined to comment and Manta did not respond to a request for comment by the time TradeWinds went to press. VesselsValue
  • Pioneering XDF engine-fitted LNG carrier set for delivery from SHI today
    Another piece of LNG history is being made this week with the delivery of the first LNG carrier newbuilding to be fitted with a low-pressure gas-injection XDF propulsion system. The 180,000-cbm SK Audace, which is jointly owned by South Korean owner SK Shipping and Japanese trader Marubeni, was named last week at Samsung Heavy Industries and is scheduled to be delivered today. The SK Audace is f
  • Shell nears deal on sale of G-class LNG carriers
    Steam-driven duo secured by a buyer as market waits to hear pricing details that could set tone for future deals
  • Giant Prelude FLNG readies for hook-up off Australian coast
    Shell's huge $12bn-plus Prelude FLNG has arrived at its hook-up location off northwest Australia, with the energy major indicating it will be in production by next year. According to data from Oslo's Eikland Energy and iGIS/LNG, the floating LNG (FLNG) production unit arrived at its designated site 475 kilometres (295 miles) northeast of Broome on Tuesday. The 600,000-tonne unit - the largest f
  • Supply driver to prolong boxship market cascade
    More bigger ships set to be ordered due to industry commoditisation, forecasts MSI
  • Arc7 owners debate ice trials with DSME
    Shipowners building the remaining 14 specialised Arc7 ice-breaking LNG carriers for Russia's commissioning Yamal LNG project are engaged in fresh talks with South Korean yard DSME over the ice trials planned for their vessels. Sources say the second Arc7 unit, Dynagas and partner Sinotrans' 172,600-cbm Boris Vilkitsky, is due to leave DSME's shipyard at the end of August if the owner requires the
  • Asian buyers go on hunt for more bargain mid-size deals
    Seemingly unwanted since the introduction of larger tonnage on mainline routes, mid-sized panamax boxships are piquing the interest of players in Asia who are looking for a cost-effective way to scale up their regional tonnage capacity.
  • Shell LNGBV poised for European debut
    An LNG bunker vessel (LNGBV) newbuilding contracted by Shell arrived in Europe early this week. As TradeWinds went to press, ship tracking data showed the 6,500-cbm Cardissa heading for its new home port of Rotterdam in the Netherlands, where it will be based at the Gate LNG terminal. The Cardissa left STX Offshore & Shipbuilding's yard in South Korea in early June, slightly later than planned.
  • Log-In might spend cancellation payout on more vessels
    Brazilian owner studies further acquisitions after axing newbuilding orders
  • Maersk snares newbuilding pair on long-term charter
    Liner giant has purchase option on Chinese-built sub-panamaxes
  • Mehrotra resumes war of words with Scorpio
    Deutsche Bank analyst criticises 'ridiculous' decision to end repayment holiday
  • US equity's irrational investments delay oil recovery
    US private-equity investors are pushing shale growth and this has "spooked the oil markets" into thinking incorrectly that oil inventories will remain high, says Schlumberger chief executive Paal Kibsgaard. This perception, created by US investors chasing short-term gains, is actually preventing the markets recovering and the oil price from rising, he says. Kibsgaard expects "clear reductions" i
  • More jack-ups back to work but on shorter contracts
    New work for offshore jack-ups appears to be picking up steam, although negotiations are taking longer and contract durations are getting shorter, according to analyst Rystad Energy. Contracting activity jumped by 35% in the first two quarters of 2017 above the first half of last year. Rystad says 58 contracts in the first six months of this year compares with 43 for the corresponding period in
  • Saipem faces slump in offshore work
    Italian subsea contractor Saipem has trimmed its revenue guidance by 5% for the year because of limited new contracts in the offshore sector. The Milan-listed company says it won €2.08bn ($2.42bn) of contracts in the first half, compared with '3.3bn in the same 'period last year. This is partly 'related to reduced work for its 'offshore drilling fleet and falling volumes in offshore 'engineering
  • C Star owner denies ship will block rescue of migrants
    UK-based shipowner attempts to justify chartering out a vessel to right-wing activists determined to stop refugee flow from Africa to Europe
  • Cash-rich Hydra set to return funds as P&I clubs' claims fall
    Windfall distribution to avert risk that cash held in captive reinsurer will not qualify under Solvency II
  • Analysts underwhelmed by ballast water deadline delay
    Equity analysts are reacting largely with yawns to the International Maritime Organization's two-year delay to the timetable to fit ballast water treatment systems. Analysts consulted by TradeWinds generally said they had not expected the ballast 'requirements to be much of a game-changer to begin with, so the delay should have minimal impact. Some observers have suggested that the relaxed time
  • Mega containerships sail into Steamship Mutual Club
    Steamship Mutual seems to be developing a new speciality - mega-containerships - to add to an established position as a club of choice for many cruiseship owners. The club added the 21,413-teu OOCL Hong Kong (built 2017) to the portfolio of insured vessels earlier this year as the biggest boxship yet afloat was delivered from a South Korean shipyard. Leviathans from Mediterranean Shipping Co and
  • Suezmaxes gain favour in eastbound fuel oil market
    Traditional VLCC voyages being snapped up by smaller tankers due to Middle East demand
  • ACX Crystal repairs complete as accident probe continues
    The containership that hit the US guided-missile destroyer USS Fitzgerald off Japan last month killing seven navy sailors is sailing again after repairs were completed this week. A statement from the vessel's owner, Daiichi Invest, said: "Repairs to the containership ACX Crystal, that was in collision with the USS Fitzgerald, have been completed and safety inspection undertaken by the vessel's cl
  • Steamship owners set to benefit from success dividend
    Return of premium in prospect as good times continue for the protection-and-indemnity club
  • Big cruiseships in danger of becoming white elephants
    The Australian port of Sydney is facing a problem: it cannot cope with the increasing number of ever larger cruiseships that want to visit or make it a home port. Several years ago, the authorities overseeing Sydney Harbour thought they had a solution to the congestion when they built a new cruise terminal at White Bay. But many of the ships are too big to sail under Sydney Harbour Bridge. The
  • Lomar confident of Kea Trader refloat in Pacific
    Greek owner Lomar Shipping believes it will be able to refloat the 2,194-teu containership Kea Trader (built 2017) despite what looks like a protracted salvage operation. The boxship, which was delivered this year, has already run aground on Durand Reef in the Pacific for more than two weeks as salvage company Ardent begins the job of removing fuel and lube oils. Although the Kea Trader grounded
  • Rerun for Varun tanker after buyer defaults
    August auction date planned for aframax Amba Bhavanee.
  • Costamare expected to stay on boxship acquisition path
    Analysts expect New York-listed containership owner to chase down 'opportunistic acquisitions'
  • Seadrill in serious talks with investors over restructuring
    John Fredriksen's Seadrill remains likely to restructure under Chapter 11 having pushed forward a key deadline to get a deal in place. Seadrill nudged the restructuring date forward to 12 September which analysts believe will be the last extension given a looming bond deadline. The driller says it is in advanced discussions with third party and related party investors plus its lenders over a com
  • Cargill linked to order for up to six bulker newbuilds
    Commodities giant remains quiet on talk it has teamed up with Japanese partner to dabble in asset play again
  • Broker Winmar delivers strong annual results
    The small sale-and-purchase broker Winmar continues to deliver strong results. Winmar's annual report for 2016, which just has been made publicly available, shows that the Oslo-based firm last year logged a pre-tax profit of NOK 7m ($870,000), albeit lower than the NOK 17m profit in 2015. Galbraith's opens doors in Oslo with Winje and ABG Sundal Collier on board Revenues totalled NOK 16m, dow
  • Eurotankers sends aframax to Bangladesh for $6.2m
    Eurotankers of Greece is selling a 24-year-old tanker for demolition. Sources say the 93,000-dwt Genie (built 1993) has gone to Bangladesh for $380 per ldt, or $6.2m. The Greek owner bought the ship as Pink Sands for $11.75m in October 2010. In March, Eurotankers sold the 72,000-dwt bulker Mar (built 1997) for demolition to Bangladesh for $356 per ldt. The company is listed with a fleet of 16 s
  • First Yamal LNG ship lines up for NSR spot voyage
    The Christophe de Margerie is due to load a cargo at Norway's Snohvit LNG plant in the next few days for shipment through the Arctic sea route to Asia
  • Fednav and Oldendorff tied to Japan newbuilding talks
    Operators said to be sounding out trading houses and shipyards on bulker projects
  • Tanker trade may face US ban on Venezuela oil imports
    Trade flows may be upset if US bans Venezuelan oil. But increased volatility may be boost to seaborne trade.
  • Boxship deal could be seventh heaven for Tufton
    Seven ships bought from Hartmann for $50m could be worth more than double that figure by 2020
  • DSD renews fleet with order for up to four MR tankers
    Deal for two firm ships and two options at Vietnam yard could be worth $128m
  • Shinyo tied to Sinokor capesize as it expands fleet
    Fred Cheng-led Shinyo International continues to target the capesize market as it rebuilds its fleet. The company is now being linked to the Namura-built, 176,000-dwt North Trader (built 2006). It is understood to be tied up on subjects for $17.2m from Sinokor Merchant Marine (SMM), which purchased the ship less than a year ago for $14.5m. The price is close to expectations. Some brokers contin
  • Navig8 hit by value breach on leasebacks
    Owner working with CSSC to resolve shortfall on eight LR2 tankers, but it is not expected to affect the pending combination with Scorpio
  • German owners optimistic due to improved vessel utilisation
    Hopes that maritime economy has hit rock bottom are a good sign for the industry
  • US investor facing end game in DryShips lawsuit
    Plaintiff fails to meet judge's threshold for blocking future sales to Kalani.
  • Victory Cruise doubles fleet with sistership purchase
    US-based cruise operator Victory Cruise Lines has revealed that it has acquired the 5,000-gross-ton (gt) cruiseship Sea Discoverer (built 2004) from Denmark's Clipper Group. The deal is structured so that ownership of the vessel will be transferred to Victory II Partners, an entity owned by three European private investors, including Copenhagen-based adventure-travel specialist Albatros Travel. N
  • Cido to trim bulker fleet by offloading panamax duo
    Cido Shipping, which appears to be cutting its bulker fleet, is seeking to sell two 'Oshima-built panamaxes that have been in its fleet since new. The 82,300-dwt Fortune Iris (built 2009) has left Hamburg, Germany, for Ust-Luga in western Russia, where it is expected to arrive late this week. Sources suggest it could fetch $15m. The vessel was reportedly 'ordered in 2004 for $40m, so it does not
  • Diana lands better rate from Glencore
    Greek bulker owner secures another pay rise as it charters out 2009-built kamsarmax.
  • Teekay stocks fly as Brookfield deal branded 'a major win'
    Arrival of new investor sends Teekay Offshore and Teekay Corp equities into orbit before reality brought them back to Earth.
  • GasLog Partners sees small miss in profit
    LNG shipping partnership sees costs eat into earnings, but it continues to hike dividends.
  • Navios companies continue 2017 cross-sector growth spurt
    Newly-listed Navios Container eyes "unique opportunity," while Navios Partners adds two extra bulkers.
  • Wison delivers Exmar's FLNG unit
    Chinese financing enables final completion of unfixed LNG floater
  • Europe opposes French and Belgian port perks
    Commissioner Margrethe Vestager says tax exemptions for key European hubs "must be removed".
  • Sembcorp Marine sees profit slump
    SGX-quoted rig builder points to upturn in activity but offshore recovery still some way off.
  • Kirby Corp confident despite drop in earnings
    US tug owner says it will emerge larger from "one of the most sever downturns in the past three decades".
  • Finnlines books 'strong' second quarter profit
    Chief executive Emanuele Grimaldi content with 10% rise in bottom line.
  • Samsung Heavy net profit beats estimates
    Korean shipyard delivers positive result in the second quarter despite smaller-than-expected operating figures.
  • Fearnley Securities downgrades AP Moller-Maersk
    Revised rating comes amid optimistic full-year consensus forecasts for Maersk Line.
  • Brookfield buys into Teekay Offshore amid $640m facelift
    New investor to take a major slice in MLP which reshapes its financial position.
  • Alam Maritim secures breathing room
    Malaysian offshore player granted extension on time needed to submit debt restructuring proposal.
  • Noble wields the axe amid asset sales
    Commodity trader to ditch non-core businesses and shed 500 staff as more losses are predicted.

American Shipperweb site
JULY 27, 2017
  • UPS increases Q2 income, revenues amid e-commerce boom
    UPS recorded a net income of $1.38 billion for the second quarter of 2017, a 9.1 percent boost from last year's second quarter as revenues ...
  • Panama Canal to close east lane of Miraflores Locks for 10 days
    The east lane of the Panama Canal's Miraflores Locks will be out of service for ten days, according to a statement from the Panama Canal Au...
  • Old Dominion posts strong Q2 earnings growth
    Less-than-truckload (LTL) carrier Old Dominion Freight Line (ODFL) posted a net income of 98.4 million for the first quarter of 2017, a 20....
  • WTO amends Trade Policy Reviews, member call for multilateral trade protection
    The World Trade Organization (WTO) has issued a joint call for "safeguarding the WTO-based multilateral trading system," according to a rec...
  • DHL: Digitization could lead to supply chain talent shortage 'crisis'
    The supply chain talent pool is not keeping up with changing technology requirements, leaving a poorly-developed workforce for future logis...
  • European Commission forces Belgium, France to abolish tax exemptions for ports
    The European Commission is requiring Belgium and France to abolish corporate tax exemptions granted to their ports, thus aligning their tax...
  • FMC reviews 6 OTI license applications
    The U.S. Federal Maritime Commission (FMC) has received six ocean transportation intermediary (OTI) license applications and changes for re...
  • SeaIntel: 18,000-TEU vessels could double Asia-North Europe market share
    Containerships with capacity for 18,000 TEUs and above will double their market share on the Asia-North Europe trade lane by the end of nex...
  • Matson to launch new loop between Hawaii and Marshall Islands
    Honolulu-based cargo carrier Matson, Inc. is introducing a new direct U.S. flag service between Honolulu and the Marshall Islands that's ex...

The Bunker Bulletinweb site
JULY 27, 2017
  • US CFTC nominees promise to advance position limits rule
    The regulations, with potentially significant impacts on energy derivatives, have stalled for years amid debate over how to craft exemptions for bona fide hedging activity that would not choke off traditional or common hedging practices
  • US lawmakers reach deal on Russia sanctions, Senate vote soon
    The Senate could pass the bill as soon as Thursday.
  • FEATURE: Midstream oil, gas players head towards consolidation
    US midstream oil and gas players are mulling options of either a consolidation or refocusing capital on "high yield" areas
  • Crude oil futures settle higher again as contango structure narrows
    NYMEX September light sweet crude settled 29 cents higher at $49.04/b and ICE September Brent rose 52 cents to settle at $51.49/b.
  • Backwardation in NWE HSFO rises, cracks supported on tight Russian supply
    The Northwest European high sulfur fuel oil market, driven to record highs this summer after a reduction in Russian exports in June, was being kept strong by a continued shortfall in July and August, traders said.
  • External: Praxis Energy Agents S.A
  • External: Wired Bunkering
  • SHELL Q2 RESULTS PROVE IT IS 'RESILIENT' AT UNDER $50/B OIL: CEO
    The company unveiled an eightfold rise in second-quarter earnings and a reduction in its debt ratio.
  • Growing trend of cargo owners, refiners offering scrubbers to shipowners
    While the scrubbers are offered at no cost, the shipowner will likely be fully tied to the refiner's prices.
  • Vietnam's Phu Quoc Island oil terminal should complete by Q3 2018
    Bunker fuels, diesel, motor gasoil, jet and bunker fuels will be stored at the bonded terminal under phase one.
  • Crude slips from 8-week highs on profit-taking
    US refinery throughput rose 166,000 b/d to 17.285 million b/d, the second highest mark on record.

›››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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