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Independent journal on economy and transport policy
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BRIEFS
January 16, 2019
Sched Netweb site
  • China's economy weakens as December exports and imports contract
  • Continuous dialogue key to working out US-China trade impasse: experts
  • MSC launches major clean-up after 300 boxes fell off MSC Zoe
  • Maersk switches focus on box manufacturing to reefer market
  • Tropical Shipping boosts refeer services between Caribbean and Halifax
  • DB Schenker partners Magento to offer merchants e-commerce platform
  • Hapag-Lloyd appoints Maximilian Rothkopf as its new chief operating officer
  • Hong Kong enjoys another record breaking year for air cargo
  • Cathay, Cathay Dragon cargo volume dips 4.9pc in December
  • North Afghanistan opens new air cargo route to Turkey, Europe

Exim Indiaweb site
JANUARY 15, 2019
  • FIATA World Congress 2019 to be held in Cape Town, South Africa
  • Lines in physical container inspection pilot to eliminate risk
  • US container imports at new high in 2018 but 2019 has its challenges, says analysis
  • ZIM to commence next phase of blockchain-based B/L initiative
  • Despite Brexit uncertainty, UK exports to India up by 27 pc
  • PSA facilities handle over 9 pc more containers in 2018
  • T. K. Ramachandran takes charge as Chairman of VOC Port
  • Tata Steel in plans to develop Subarnarekha port in Odisha
  • Air freight demand flat towards end of last year
  • Brexit & trade concerns seen benefiting air freight
  • Nippon Cargo Airlines expands strategic partnership for the operation of B747-400F cargo aircraft
  • Qatar Airways is Official Airline Partner of Qatar-India Year of Culture 2019
  • SpiceJet's SpiceFresh flags off its first cargo shipment to Hong Kong & Dubai from Guwahati
  • Govt likely to extend key incentive scheme to more exporters
  • China to restrict imports of scrap steel, aluminium from July

International Transport Journalweb site
  • Golden logistics for all that glitters
  • Pressing on with trans-Asian railway network
  • The latest from Zürcher Kies und Transport
  • US railway provides solid help to industry
  • ALC appoints Kirk Coningham as CEO
  • Taking next blockchain technology step
  • Turkish Cargo joins Animal Transport Association
  • Agility opens new hub in Bahrain
  • Denmark eases pocket wagon ban
  • Mosolf expanding advisory board
  • More about scrubbers and sulphur
  • First Middle East carrier awarded Iata CEIV Pharma...
  • Eiltrans to augment Night Star Express network
  • "Curiosity of the Day"
  • Port of Hamburg gets direct link to Singen terminal
  • Rune Dybedal to chair NSOCC
  • Clarkson paints sceptical picture of shipping in 2019
  • Emirates adds freighter destination in Latin America

The Loadstarweb site
JANUARY 15, 2019
  • Expecting demand boom, Samskip introduces pre-Brexit peak surcharge
  • Supply chain radar: DSV bids for Panalpina at Sfr170 a share
  • US shipper fury as container lines announce 'insane' street turn fees
  • AirBridgeCargo expecting an 'exceptional' year as its global network expands
  • In a tight market, heavylift operators must be 'more competitive and work together'
  • Zim offers time- and cost-saving blockchain-based electronic bills of lading
  • Steady industry growth and surge in digitalisation a recipe for success at PSA
  • New York agrees $35m settlement with FedEx over illegal cigarettes
  • Panalpina appoints Christian Stingl head of marketing and sales for Europe
  • Jesper Thomsen and John Gilleran now key advisers to Kontainers
  • Market Insight: Q&A with Hans Willam - lessons from 45 years' experience in logistics

Marine Logweb site
JANUARY 15, 2019
  • Entire Jackson Offshore Operators fleet now has contract coverage
  • ReCAAP: Asian piracy falls to lowest level since 2007
  • Lyons back as Mjølner President and CEO
  • ABS grants AiP for advanced Wind Turbine Transport Vessel design
  • Eniram energy management solution pays off for La Méridionale

Lloyd's Listweb site
JANUARY 15, 2019
  • Court approves Aegean Marine restructuring
    Mercuria improved its offer in December, heading off a rival bid and gaining support from a critical group of creditors
  • Hong Kong has a unique foundation for growth
    Hong Kong's core strengths face serious competition. However, as the Lloyd's List Business Briefing has heard, it has advantages nowhere else can match
  • Port of Antwerp secures $3.4bn investment from Ineos
    The Port of Antwerp has been chosen by Ineos as the location for a €3bn investment hailed as the biggest...
  • Cuts in China's coal imports force panamax earnings to slide
    Panamax earnings, which have slipped below supramax, may rise to $13,500 per day in March, according to Maritime Strategies International
  • Between the lines: Ultra large tonnage impacts Asia-Europe trade
    The liner industry is braced to receive around 400,000 teu of 'mega vessel' capacity this year, which is destined for...
  • Better late than never when it comes to container shipping
    For every year between 2012 and 2018, the average delay for late arrivals remained stubbornly between three and four days...
  • SDTR signs 10 kamsarmaxes at Dalian Shipbuilding
    SDTR Marine is 60% owned by China's Shandong Shipping and 40% by Singapore's Transcenden Global Pte
  • Brexit vote is 'beginning of a process, not the end', says UK ports body
    Prime Minister Theresa May is expected to be defeated on Tuesday evening when she puts forward her proposals before Members...
  • Maersk Honam to be rebuilt in South Korea
    The stern section of fire-damaged Maersk Honam is to be shipped to South Korea for a new bow section to...
  • Stena partners Hyundai Glovis in European shortsea car carrier venture
    A subsidiary of Stena and German car carrier Glovis Europe has filed a merger application to the EU for a...
  • PSA terminal volumes increase 9%
    Almost half of the group's volumes come from its Singapore terminals
  • Daily Briefing
    What the latest China trade data tells shipping | Trade war threatens US box terminals after record year | Gender...
  • HHIC-Phil secures court approval for rehabilitation
    HHIC-Phil reportedly had $1.3bn of outstanding debts, borrowed from Filipino banks and South Korean lenders
  • Asian sea robbery at lowest in a decade
    A total of 76 incidents of piracy and armed robbery, comprising 62 actual and 14 attempted incidents, were reported in...
  • Torm facing FSLT claim over tanker redeliveries
    The vessels were returned in 'an untradeable condition and in breach of the redelivery provisions of the bareboat charters', FSLT...
  • Shanghai International Port Group records 10.9% profit decline
    Company made Yuan1.25bn of investment gains from a 4.13% stake in the Postal Savings Bank of China during the first...
  • Singapore bunker sales flat as box traffic rises
    The first full year of operations at CMA CGM-PSA Lion Terminal gave the port a major boost, lifting Singapore's container volume
  • US in talks with Qatar over sending LNG to Europe
    Trump administration wants Europe getting less LNG from Russian pipelines, more from the US Gulf and Middle East

The Journal of Commerceweb site
JANUARY 15, 2019
  • India's tariff guide for privatized terminals revised
  • US high court rules against forced trucker arbitration
  • Wind blades shipped to Russian wind farm
  • AAL chief: Tight demand good for MPV/HL market
  • Lack of air cargo surge marks weak trans-Pacific
  • Consumer goods shippers need new sales channels
  • Blockchain to expedite Veracruz port exports
  • Unreliable ocean service cramps Europe shippers

TradeWindsweb site
JANUARY 15, 2019
  • UK ports 'concerned' over nixed Brexit deal
    British Ports Association urges government come up with alternative plans to avoid messy withdrawal from European Union.
  • Navig8 principals take control of Feen Marine Scrubbers
    Renamed FMSI to increase capacity five-fold under leadership of Nicolas Busch and backing from partner Gary Brocklesby.
  • Golden Ocean buys back as DNB Asset Management trims stake in bulker owner
    While Golden Ocean has increased its shareholding, DNB Asset Management has slightly reduced its stake
  • New 2020 low sulphur fuel tests show positive results
    Tests for the consistency and quality of new types of IMO 2020 compliant fuels have been positive.
  • Bonderup plots family time after departing XO Shipping
    Departing XO Shipping chief executive Ejner Bonderup has opened up further about his departure from the Danish company. Bonderup departs as chief executive of XO Shipping TradeWinds reported earlier today Bonderup was exiting the position and would be replaced by two existing executives. In a subsequent interview Bonderup said he was leaving XO with a very solid and healthy, capital base and no
  • Kalani highlights white knight role in riding to DryShips' rescue
    George Economou's DryShips was probably headed for insolvency and a bankruptcy filing if not for the help rendered by Kalani Investments in righting the ship. DryShips says disclosure of Kalani dealings puts it in clear Diana Containerships lawyers say 'silly and absurd' fraud claims make no sense That is one of several contentions made by Kalani in asking a judge to dismiss the securities frau
  • Diana Containerships lawyers say 'silly and absurd' fraud claims make no sense
    Lawyers for Diana Containerships are not mincing words when it comes to their call for a New York court to dismiss a shareholder lawsuit over dealings with Kalani Investments. "Absurd" and "silly" are just two of the words hurled at the plaintiffs as defendants argue that claims of securities fraud are baseless. "Plaintiffs' case suffers from another glaring deficiency: It makes no sense," write
  • DryShips says disclosure of Kalani dealings puts it in clear
    George Economou-led owner contests shareholder fraud lawsuit on grounds it had legitimate intentions and revealed them fully in $700m equity raise from financier
  • Shanghai's box volume hits another all-time high in 2018
    Box throughput at the world's largest container port increases to over 42 million teu as China's international trade expands
  • Norwegian orders new ship for Regent Seven Seas
    Frank del Rio-led cruise major plans to spend €475m ($542m) on the sister ship to Seven Seas Explorer.
  • Fitch downgrades Soechi as leverage rises
    Fitch Ratings has cut its assessment of Indonesian tanker owner Soechi Lines as leverage rose. The agency said the long-term issuer default rating was downgraded to B from B+ with a stable outlook. Its net leverage after the third quarter rose to five times from 4.6 times in 2017, Fitch said. Persistent under-performance at its shipyard was the underlying reason for its relatively high debt pro
  • Diana Containerships gets delisting notice
    Simeon Palios-led company's shares are at $0.89 before the opening bell.
  • Jackson secures 'at least' two OSV contract extensions
    Jackson Offshore Operators has extended at least two of its deepwater offshore supply vessels, sending charter coverage to 2020. The "firm, non-cancellable, long-term contract extensions" include the Lightning and the Squall, both 4,357-dwt vessels built in 2015. "These extensions demonstrate our clients' satisfaction with our outstanding service and are a testament to the hard work and dedicati
  • Seaport redraws 2019 bulker rate forecasts on demand drag
    Multiple macro-economic headwinds have led Seaport Global to dial down its dry cargo rate forecasts for 2019. Increased trade tensions, a slowdown in China and Beijing's restrictions on coal imports are denting demand in the sector, at a time IMO 2020 rules are expected to help boost scrapping of older ships, says analyst Magnus Fyhr. Koch emerges as charterer of first 2020 Bulkers newbuilding
  • Court approves Hanjin's Subic restructuring plan
    A Philippines court has approved the rehabilitation scheme filed by Hanjin Heavy Industries & Construction's Subic Bay shipyard. The Korean yard group applied for the restructuring process last week. The HHIC-Phil yard is reported to have defaulted on $400m in bank loans. Chinese shipbuilders eye move for Hanjin yard after filing Domestic tanker and ferry owner Dennis Uy was reported to have e
  • Fredriksen's Ship Finance International strikes suezmax deal with Repsol
    John Fredriksen's Ship Finance International has secured a time charter for one of its spot-trading suezmax tankers, sources say. Oil major Repsol is understood to have fixed the 156,000-dwt Everbright (built 2010) for a year at $23,000 per day. Fredriksen's Ship Finance International strikes again for container vessels Ship Finance International eyes tanker market after boxship spending spree
  • JES eyes takeover by blockchain company PLMP
    Chinese shipyard group in talks with buyer as it receives demand for loan payments.
  • Cracked cargoship banned for a year by Paris MOU
    A general cargoship with hull cracking has been barred from Paris MOU ports for a year. It is the second time the 2,900-dwt Nila (built 1978) has been banned by the organisation. A first offence attracts a three-month exclusion. Corroded cargoship banned by Paris MOU The port state body said the ship was detained in Russia's Kavkaz port in October, its third detention in the last three years.
  • Navigator Holdings to ride US ethane-based petrochemical boom with versatile fleet
    New York-listed owner of handysize and midsize tankers is well positioned to take advantage of rising exports from the US amid shale expansion, says chairman David Butters
  • Further de-bottlenecking will increase demand for LPG shipping - Butters
    All sizes of LPG carriers would benefit from more exports from the US Atlantic coast and Canada's west coast, says Navigator chairman
  • Pacific Radiance wins more time for takeover
    Restructuring Singapore OSV owner Pacific Radiance has gained more time to complete a buy-out by a mystery investor. The company said it has extended debt moratoria that were due to expire on Monday. The country's court has extended the agreement to 14 March. Pacific Radiance will seek more time at a hearing on that date, it added. Last month, the company said an unnamed owner had agreed to bu
  • Bonderup departs as chief executive of XO Shipping
    Former Norden dry cargo boss is being replaced by two existing staff members.
  • New Aegean Marine bankruptcy plan gets go-ahead
    It took 30 minutes in a Manhattan courtroom for Aegean Marine's Chapter 11 to take a big step forward
  • Sovcomflot blames low market for delayed IPO
    The company's CEO sees green shoots appearing in freight markets, which could help expedite Sovcomflot's part-privatisation.
  • Flat-earthers go on cruise to edge of the world
    A flat-earth cruise sounds like a potentially dangerous venture if it gets close to the edge of the world. But the Flat Earth International Conference (FEIC) is undaunted, promising a jaunt in 2020, the Guardian reported. The navigation of the vessel could call into question their beliefs, however. "Ships navigate based on the principle that the Earth is round," Henk Keijer, a former cruiseship
  • Dutch yard duo held talks over Uljanik takeover
    Dutch shipbuilders Damen and Royal IHC have held talks over a potential takeover of Croatia's struggling Uljanik Group. The country's economy minister Darko Horvat told the Hina news agency that the pair were invited to carry out due diligence, but have not yet done so. The yards have reportedly said they are now not interested in bidding for the shipbuilder, which operates the Uljanik yard in P
  • Dole opts for newbuildings at Chengxi
    US owner Dole Fresh Fruit has opted for Chengxi Shipyard in China as it renews its fleet. Broker Clarksons said the company has signed up at the yard for two 1,830-teu feeder boxships for delivery in 2021. Dole eyes Chinese newbuildings as fleet ripens for renewal No price has been given for the order. Dole has 15 vessels including reefers, with three feeders built in 2015 and 2016 at Hyundai
  • Nissen sheds sixth bulker since September 2018
    The 82,000-dwt Crystal Star finds buyer at about $24m, brokers say.
  • Norwegian cruise destination set to curb number of ship visits
    Authorities move to protect picturesque Bergen and Unesco World Heritage fjords
  • Buamim out at Gulf Navigation
    Middle East tanker owner's chief executive quits as new shareholders come on board.
  • Star Bulk confirms sale of supramax as ER capes swell fleet
    Older vessel exits the fleet as final two ships arrive from one of three 2018 M&A transactions.
  • BW Group strikes again for BW LPG shares
    Latest buyback comes in addition to a string of purchases before Christmas.
  • Euronav chief sheds light on its scrubber sceptic stance
    Paddy Rodgers talks scrubber bans, changing environmental views and how two ULCCs are part of its back-up plan.
  • Viken Shipping locks suezmax into two-year contract
    Period rates for crude tankers remain firm with buoyant market mood for the coming quarters
  • Norway ports group leader urges input from stakeholders on cruise rules
    Cruise Norway managing director Inge Tangeras believes Norway's long coastline gives it the capacity to take even more cruise tourists and detailed research is needed before restrictions are placed on ships visiting Bergen. "We haven't seen facts on the table yet," said Tangeras of the situation in Bergen. "The whole process is not based on facts, measurements, analysis, discussion and involveme
  • Jefferies tips Cosco for profit fall as box rates dip
    Jefferies is expecting a fall in profit for Cosco Shipping Holdings as boxship rates fall. Transpacific levels have endured a sharp decline, the analyst said. Cosco and its new acquisition OOCL both have their largest market share in these trades. Finance costs related to the OOCL takeover will also weight heavily this year, Jefferies added. Costs hit CNY 952m ($140.77m) in the third quarter,
  • Small is best as Toisa OSV buyers bag big discounts
    Buyers of offshore support vessels from Greece's bankrupt Toisa group have been securing significant discounts in recent auctions, but owners still have to be aware of changing market focuses when trying to negotiate deals. That is the message from Maritime Strategies International (MSI), whose offshore analyst Ferenc Pasztor has been crunching the numbers to compare distressed sale prices with f
  • Euronav takes $3m hit from suezmax sale
    Tanker giant Euronav will book a loss of $3m from selling a suezmax for conversion. The 158,000-dwt Felicity (built 2009) has gone to a global supplier and operator of offshore floating platforms, it said on Tuesday. But the cash generated on the transaction after repayment of debt will be $21.1m. The vessel has been delivered to the new owner and will be converted into an FPSO. The capital lo
  • Maersk Honam to be rebuilt at Hyundai Heavy Industries
    Cosco Shipping heavy lift vessel expected to take one month to transport hull to Korea.
  • Smit to salvage Star Centurion wreck
    Dutch salvage specialist to carry out complicated salvage job on capsized pipelayer.
  • China sees big surge in year-end crude imports
    Oil imports up over 10% for the year to new high, while piped and shipped gas imports jump nearly 32%.
  • One dollar 'bribe' lands forklift driver in Changi Prison
    Guilty man said to have demanded money in return for not delaying container lorry drivers.
  • There is still volatility ahead - but that is not such a bad thing
    Slower growth and higher interest rates suggest the world's economy will face a bumpy year ahead, writes Alexandre Tavazzi, global strategist at Pictet Wealth Management
  • Chinese shipowner joins converts to LPG fuelling
    Seven VLGCs for Tianjin Southwest Maritime are now set to blaze trail with fuel choice, as others consider making the switch
  • Safety failings contributed to Haizhou Shipyard's decline
    Fatal accidents said to have played a part in once-thriving repairer's financial woes

American Shipperweb site
JANUARY 15, 2019
  • Exclusions for $200 billion in China tariffs on hold
    U.S. Trade Representative Robert Lighthizer indicated in a letter that ongoing trade talks will play a role in whether the Trump administration eventually will establish an exclusion process.
  • Maersk to use Avantida platform for street turns
    The carrier will use the Belgium-based service to approve the triangulation of containers in the United States and Canada.
  • Commentary: Rotterdam's weighty role in supply chains
    The Port of Rotterdam, which ranks 10th worldwide in terms of total throughput, can transport goods to a consumer base of about 40 million people.
  • USTR starts furloughs amid government shutdown
    "Excepted personnel will ensure USTR continues to conduct operations, including trade negotiations and enforcement."
  • NEWS FLASH - Teamsters: Supreme Court decision 'great victory' for drivers
    The union says truck drivers will be prevented from waiting their rights through private arbitration agreements; the decision may spark class action lawsuits against owner-operator fleets.
  • Executive Moves: TOTE, CSA, PTV, FM and more
  • UPS offers Saturday export service

The Bunker Bulletinweb site
JANUARY 15, 2019
  • FUTURES: Rising equities, tighter supply outlook push crude higher
    Crude futures settled higher Tuesday as the market traced equities higher against a backdrop of an increasingly bullish macro-supply picture.
  • Hafnia, BW Tankers merger operationalizes; eyes higher demand
    "All the core elements are in place," Andreas Sohmen-Pao, chairman of the merged company said at an industry event.
  • Bunker operations in Malta restart as weather conditions improve: port authority
    Bunker operations in Malta restarted late Tuesday morning, after weather conditions improved.
  • FUTURES: Oil maintains uptrend on expected crude draws
    Early movers had mostly headed into green, paring back losses from Monday's worry over China's trade performance, a market strategist at IG said.
  • External: Global Risk Management
  • IMO 2020 set to curb container capacity as ships scrapped, retrofitted: Drewry
    Drewry also said that the supply-demand balance will benefit from a reduced appetite for ULCVs among the major carriers.
  • SINGAPORE DATA: Dec bunker fuel sales rise 0.3% on year to 4.31 mil mt
    LSMGO posted a record high monthly volume of 190,800 mt for 2018, surging 35.8% month on month.
  • Japan banks set to resume Iran oil transactions after regulatory clearance: sources
    The Japanese banks will be able to issue letters of credit for relevant deals after clearance from Japanese and US regulatory authorities, a source said.

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