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Independent journal on economy and transport policy
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BRIEFS
October 31, 2018
Sched Netweb site
  • Cosco Shipping Ports profits soar 33.5pc, but trade war blights future
  • OOIL Q3 sales up 7pc to US$1.55 billion as per box revenue rises .01pc
  • Togo's Port of Lome tops Lagos as West Africa's No 1 container hub
  • IBM and Maersk struggle to sign carriers to join blockchain scheme
  • Gulftainer to invest up to US$3 billion in Mideast, US, Africa and Asia
  • Popularity of shipboard exhaust scrubbers grows as cost fears fade
  • Gap closes among top-rated 3PLs - DHL, XPO and CH Robinson
  • India, Bangladesh sign cargo, passenger, port and waterways pacts
  • SCPA celebrates Inland Port Greer's fifth year of beating projections
  • IMO provide downloadable 'toolkits' to cut ship and port emissions
  • BAWAT 'revolutionary' ballast water treatment exterminates with heat
  • Chevron Marine, ExxonMobil offer lubricants for low sulphur fuel use
  • Danish supply chain giant DSV exits CEVA bidding after offer rejected
  • Remote-controlled tug is tested on Lufthansa planes at Frankfurt airport
  • Etihad and Saudia start codeshare, agree to collaborate on cargo
  • Oman Aviation Group signs 2 deals to enhance air cargo capabilities

Exim Indiaweb site
OCTOBER 30, 2018
  • Govt has taken various policy decisions & initiatives to increase the share of Indian seafarers at global level: Mansukh Mandaviya
  • HMM targets capacity of 100 m TEUs & $ 10 bn in annual revenue by 2022
  • SCFI Asia-US rates surge
  • SCI bags award & commendations in Dubai
  • UK freight forwarders not too happy with budget
  • Paradip Port implements innovative Mediterranean Mooring type of berthing
  • Snowman Logistics sees robust quarter-on-quarter growth
  • Govt has identified 12 champion sectors to promote exports: Suresh Prabhu
  • Shippers & LSP Business Forum on CTL 2018 in Vadodara generating tremendous response from fraternity

International Transport Journalweb site
  • Lucrative markets
  • Spanish food retailer goes for gas
  • Growth stemming from DB rivals
  • Award for Geodis Italy innovation
  • Another multimodal link from port of Barcelona
  • Fourth B747F in Cargologicair's fleet
  • Noerpel expecting excavators in Munich
  • Two new faces at Hill Dickinson Hong Kong
  • BBC and Seaboard go climbing on the Andes
  • Plans for new oil export terminal at Corpus Christi port
  • Qatar Cargo rolls out automated mail management system
  • Strong growth in domestic market
  • JV to improve rail infrastructure in Saudi Arabia
  • Guadeloupe Port Caraïbes sets up research alliance
  • "Curiosity of the Day"
  • Siemens and CDG Airport extend service contract
  • Goods going the high speed way in Italy
  • Istanbul says "yes", Mexicans vote "no"

IHS Maritimeweb site
OCTOBER 30, 2018
  • Corpus Christi takes on second shore-based VLCC project
  • ECSA presses EU to drive change in South Asian ship recycling
  • Small surplus, stable premiums at German defence club
  • Euronav runs up fresh losses in Q3 but says market is improving
  • Congo builds sea trade self-reliance
  • DEME chooses LNG over scrubbers
  • Euronav fires broadside against IMO 2020 scrubber drive
  • Uncertainty over future of Croatian shipbuilder Uljanik
  • Global Ship Lease in merger with Poseidon Containers
  • Safety 2: Digging deeper than human error to root causes of shipboard incidents
  • Pakistani recyclers switch focus to bulk carriers
  • Varun Chhabria to drive Greenergy's bunkering ambitions

The Loadstarweb site
OCTOBER 30, 2018
  • Air freight market heating up fast as the peak season gains height
  • Shipowners Global Ship Lease and Poseidon Containers to merge
  • HMM unveils ambitious plan to double box ship capacity with new ULCVs
  • Lufthansa Cargo stays positive as nine-month results bring good and bad news
  • IMO launches initiative to help remove plastic litter at sea
  • It's coming....The Loadstar Premium is set to launch next week
  • Pirates seize 11-strong crew of Maersk-chartered containership off Nigeria

Marine Logweb site
OCTOBER 30, 2018
  • ABS Executive Kirsi Tikka discusses IMO 2020 Sulfur Cap
  • Two-deck ferry will become four-deck cruise vessel
  • U.S. yard contracts boost ST Engineering marine sector order book
  • Deltamarin and Elomatic win MV Werften cruise ship design contract
  • Why Euronav is skeptical on scrubbers

Lloyd's Listweb site
OCTOBER 30, 2018
  • Ince chair pledges no diminution of shipping reach after Dadds takeover
    Ince & Co has been acquired by Gordon Dadds in a deal that will create the largest listed law firm...
  • Cosco Shipping Holdings suffers without state subsidies
    Excluding OOIL's contribution, liftings increased by 7.3% to 5m teu, while liner shipping revenue expanded 8.5% to Yuan22.6bn
  • Marine consultancy offers 'fresh thinking' on emerging risk exposure
    The tsunami of regulatory red tape engulfing shipping has opened the way to sell services to shipowners, charterers and insurers...
  • Shipping lines not future competitors, says leading forwarder
    Jens Bjørn Andersen says fowarders have a 'far larger value proposition' over their liner counterparts
  • Cutting CO2 output is the biggest challenge facing shipping
    No ifs, no buts - the goal is clear. Shipping needs to phase out CO2 emissions from shipping completely, ICS chair...
  • Rotterdam sees continued box growth
    Rotterdam handled 10.8m teu in the January-September period, a rise of 5.7% on 2017 levels
  • Piracy incidents blight Gulf of Guinea
    High alert in Gulf of Guinea as boxship crew abducted and two vessels attacked within an hour
  • DryShips buys four vessels from Economou unit
    The three newcastlemax bulkers and an aframax tanker will be delivered to DryShips before the end of the year
  • Cainiao books 1,000 containers for shopping festival
    Chinese e-commerce giant is expanding its online shopping extravaganza, which drives a tariff of 100m parcels across the country and...
  • Euronav warns against scrubbers
    Tanker owner suffers increased losses in the third quarter but remains confident of market fundamental improvements
  • Nicholas Inglessis elected chair of UK Club
    Industry veteran Greek has been director of Samos Steamship since 1991
  • EU sets out key tests for consortia block exemption
    Further container line consolidation would require extensive consideration and scrutiny by competition authorities before it could be approved, regulator says
  • Daily Briefing
    Ince goes public with Dadds deal | Why a Cosco-Sovcomflot tie-up might make sense | Overlooking safety is not being...
  • Cosco Shipping Ports maintains volume growth but sees weaker end to year
    Third-quarter volumes rose 11.1% to 30.8m teu as some of the equity terminals slowed down
  • China Merchants Energy Shipping to benefit from VLCC recovery
    Shenwan Hongyuan Securities estimates CMES's average VLCC TCE in 2018, 2019 and 2020 to reach $21,000, $30,000 and $50,000, respectively
  • MISC wins $176m FSO contract from Idemitsu Kogan
    The seven-year contract will be for work at the Sao Vang and Dai Nguyet Development Project offshore Vietnam
  • Global Ship Lease in merger deal with Poseidon Containers
    Global Ship Lease chief executive Ian Webber will continue as chief executive of the combined company

The Journal of Commerceweb site
OCTOBER 30, 2018
  • New ILWU leadership team certified
  • Cost of low-sulfur rule to shippers slowly comes into view
  • JNPT rail dwell times decrease again in September
  • CMA CGM levies low-sulfur surcharge on Asia-Europe
  • Infographic: NY-NJ port's quest for chassis fluidity
  • Shippers turn to technology for sharper supply chain vision
  • Top Europe ports tracking growth despite slowing Asian trade
  • US warehouse buildout can't dent record vacancy lows, rent highs

TradeWindsweb site
OCTOBER 30, 2018
  • Cosco Shipping Energy slumps to nine-month loss of $39m
    The Shanghai- and Hong Kong-listed tanker arm of Cosco suffers from weak tanker earnings amid fleet expansion.
  • Cosco Shipping Holdings sees profit fall
    Container giant Cosco Shipping Holdings has seen its third quarter profit fall despite the takeover of OOIL boosting its top line. OOIL set to flex its muscles, says new chairman Hong Kong-listed Cosco Holdings recorded net income of CNY 821.8m ($118m) in the three months to the end of September, down from CNY 872.4m 12 months previously. Revenue climbed from CNY 24.1bn to CNY 37m year-on-year
  • Warm, wet winter pressures capesize rates
    Downside risk in the capesize bulker market has emerged in the forms of a warm, wet winter in East Asia and underperforming Chinese imports of coal and iron ore, according to a Refinitiv analyst. While holding firm above $18,000 per day for most of October, the weighted time charter average for capes on the Baltic Exchange has failed to break the $20,000-per-day market. "The capesize market is f
  • Rodgers happy to fight 'lonely battle' against scrubber herd
    Euronav chief executive content to go against conventional wisdom in approach to IMO 2020.
  • Seabury Maritime strengthens top team
    Former Oldendorff and Maren Group execs to head digital and green units at US bank.
  • Grupo TMM posts small profit in third quarter
    Grupo TMM posted profits - if only tiny ones - for the third quarter of 2018. The Mexican shipowner reported MXN 1.2m ($59,893) in operating income made in the third quarter, for a total of MXN 50.5m through 30 September. Last year, the company had MXN 26.4m losses in the third quarter and MXN 45.2m in the first nine months of 2017. Revenues have dropped year over year, from MXN 1.8bn in the fi
  • Philippines warns of imminent pirate attack
    Abu Sayyaf terrorists plotting to kidnap crews in Sabah, coast guard says.
  • "Renegade" Oxygen Maritime tanker to be sold in Singapore
    UK court rules that Megacore Honami can be arrested after going "on the run" from creditor TMF in "flagrant breach" of covenant.
  • Judge bars Baltimore port workers from illegally striking
    A federal judge is keeping Port of Baltimore workers on the job after an apparent strike attempt shut down one of the port's terminals Monday. According to a complaint filed in Maryland district court by the Steamship Trade Association (STA) of Baltimore, mechanics and container handling equipment operators at the Seagrit Marine Terminal either walked off the job or never showed up, in defiance o
  • Tufton Oceanic Assets in black for third quarter
    Tufton Oceanic Assets was profitable in the third quarter as it continued to build up its fleet. London-listed Tufton Assets reported an operating profit of $0.018 per share for the period. Tufton Oceanic Assets takes full control of LPG carrier Tufton Oceanic Assets aims for $100m share sale The company, which has now invested its IPO proceeds and is eyeing further growth, paid a dividend of
  • Skangas inks supply deal with Gothia Tanker Alliance
    Skangas has inked a deal with members of the Gothia Tanker Alliance to supply LNG as a marine fuel to their ships. The deal covers both existing vessels and newbuildings owned by Furetank Reder, Erik Thun and Rederi AB Alvtank, a statement said. Furetank managing director Lars Hoglund said investing in LNG fueled vessels contributues to the Swedish Shipowners' Association's target for zero emiss
  • S Bulkers flips ship for profit within 12 months of purchase
    Athens-based S Bulkers is said to have struck a deal to dispose of a bulker at a profit, less than a year after buying it. Greece's Load Line linked to supramax from Nautical Bulk Stalwart sells final chemical tanker from its original fleet US brokers said the Dimitrios Souravlas-led shipowner has sold the 37,000-dwt Sea Bronze (built 2007) to a Vietnamese buyer for $11.5m. While lower than
  • Samos Steamship's Inglessis takes UK P&I Club chair
    Greek director takes over from Alan Olivier at insurer.
  • SDR refunds premiums for laid-up vessels
    German insurer also freezes fees in tough times for domestic sector.
  • Diana Shipping pays $63.25m to redeem notes
    Diana Shipping has set cash from a bond issue to work to repay established debt. New York-listed Diana closed a $100m bond issue in Oslo this summer and has now completed the redemption of a bond which was to fall due in 2020. It has paid $63.25m to redeem 100% of the notes.
  • Seaport Global positive on VLCC market recovery
    Seaport Global is backing the big tanker market to remain in balance next year following a stellar start to the fourth quarter boosted by seasonality and fresh sanctions against Iran. Analyst Magnus Fyhr says while investors are concerned about VLCC newbuilding delivered in 2019, he feels increased floating storage, scrapping ahead of IMO 2020 and rising US exports will assist the market next yea
  • Topaz snaps up Nam Cheong anchor-handlers
    Middle East owner boosts capacity as it returns to profit in third quarter.
  • Ship Finance International confirms sale of oldest tanker
    John Fredriksen-led Ship Finance International has confirmed that it offloaded its oldest tanker - but the buyer remains unknown. As TradeWinds previously reported, the Norwegian shipowner announced the $20.7m sale of the 300,000-dwt Front Ariake (built 2001) to an unnamed, but unrelated, company midday Tuesday. The deal includes a $3.4 million interest-bearing loan note from sister company Fron
  • Iranian sanctions 'really biting', says Paddy Rodgers
    Euronav chief explains the impact of changing trade patterns and idling of NITC fleet.
  • Nasdaq gives Globus Maritime thumbs up
    Globus Maritime is back in NASDAQ's good book. The Greek bulker owner said it was back in compliance with the exchange's $1 per share minimum closing bid price, after staying above the threshold from Oct. 15 to Oct. 26. Globus received word of its compliance in a letter Tuesday. The company's shares rose 0.9% to $6.14 in midday trading Tuesday.
  • NATO reports vessel hijacked off Congo
    Another ship came under attack in Gulf of Guinea, but is reported as safe.
  • Van Uden Shipping boss steers outfit to better times
    Julie van 't Hoff describes the challenges facing the Dutch group's shipping unit and details her rise to a managing director in the family firm
  • Euroseas preps stock sale and refinances in bid for expansion cash
    Euroseas is raising funds as it eyes opportunities to expand its fleet. The New York traded Greek shipowner announced Tuesday that it is looking to raise $4.2m through the sale of new shares. The company also revealed that in August, took out a $30m loan to refinance existing debt, in addition to help fund new acquisitions or provide working capital. "We constantly evaluate vessel purchase opp
  • Princess loses title after marrying NYK's Moriya
    Japan's Ayako no longer royal after ceremony with "commoner".
  • ICBC supramax stuck in Iran as sanctions loom
    Officials of giant Chinese bank's shipping department work to secure the release of detained vessel and avoid possible exposure to US measures
  • Bahri sees upturn in VLCC sector by mid-2019
    Executive of Saudi shipowning giant says sanctions against Iran should spur improvement in crude tanker trades
  • Wilson buys six bulkers from Stromberg
    Norwegian owner takes control of cargoships it was chartering from compatriot.
  • Euronav puts scrubbers in the spotlight amid third quarter loss
    New York-listed shipowner raises three key objections to exhaust gas cleaning systems.
  • Hill Dickinson expands Hong Kong team
    Law firm adds Edward Liu and Antony Cowie as counsel.
  • Bohai Ferry orders $60m ro-pax double
    Chinese owner opts for Yantai CIMC Raffles for fleet expansion.
  • Laskaridis: no offshore push after PSV buy
    Greek owner confirms auction acquisition but says it is one-off.
  • DryShips to buy four ships from Economou
    News of acquisitions comes as diversified shipowner reports another profitable quarter.
  • Noble expects third quarter loss due to restructuring expenses
    Hong Kong-based commodities trader says nine month losses will likely top $300m.
  • Global Ship Lease sees third quarter profit cut in half
    US-listed container leasing firm hurt by weaker rates from non-CMA CGM chartered tonnage.
  • Global Ship Lease to merge with Poseidon Containers
    Combination will create a company with a fleet of 38 vessels focused on mid-sized and smaller vessels. a

The Bunker Bulletinweb site
OCTOBER 30, 2018
  • Oil price drop gives breathing room but market not out of woods yet: IEA's Birol
    The recent drop in oil prices by around $10/b is a welcome change and gives breathing room to oil consumers, but the market is not out of the woods yet and the coming months will be very challenging, Fatih Birol, executive director of the International Energy Agency, said Tuesday.
  • Iranian VLCC Dover anchored off Batu Pahat, West Malaysia: cFlow
    The Iranian VLCC Dover was anchored and stationary off the coast of West Malaysia near Batu Pahat STS zone as of 0052 GMT Tuesday, having arrived Monday, at a time when all eyes are on Iran's crude and condensate exports with US sanctions snapping back in six days' time.
  • NYMEX contango eases after volatile session
    Contango in NYMEX crude futures eased in afternoon trading Tuesday, despite prompt-month declines across the oil complex.
  • TANKERS: Euronav upbeat on pre-IMO 2020 tanker market opportunities
    Dirty tanker owner Euronav believes it "should have the market rocking on our side" in 2019 and 2020, even without scrubber-fitted tonnage in the global 0.5% sulfur bunker fuel environment, a senior executive said during its third-quarter 2018 earnings call Tuesday.
  • Demand from Singapore for fuel oil leaves Europe short of product
    The European fuel oil market has become quiet dry as demand from Singapore has drawn vast volumes from typically net-long Europe, resulting in a spike in Suezmax freight rates, sources said Tuesday.
  • NWE M100 fuel oil slides on short cutterstock availability: sources
    Prices of Russian M100 fuel oil in Northwest Europe have begun to slide due to a lack of cutterstock in Europe and expensive gasoil, despite the active fuel oil arbitrage east.
  • China's Sinopec to supply first IMO 2020 compliant bunker fuel from Aug 2019
    LSFO being produced is being sent to laboratories for testing, with the tests expected to run till February next year, a source said.
  • External: Marine Bunkering(Rotterdam)B.V.
  • Singapore front month HSFO time spread at 3-month high on firm fundamentals
    Going into 2019, the HSFO market will likely stay backwardated as the overall supply tightens with the upcoming IMO 2020 rule.
  • Cracking margins pilot Asian sweet crudes amid tepid year-end buying
    An oversupply of condensates and an influx of Vietnamese crudes weighed down on trading outlook, sources said.

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