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Independent journal on economy and transport policy
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BRIEFS
April 24, 2019
Sched Netweb site
  • CMA CGM hikes Asia-Red Sea rate US$200/TEU from May 1
  • US wins WTO dispute against China's grain import quotas
  • Rotterdam volumes rise 7.3pc to 3.7 million TEU in first quarter
  • Asia Europe sailings cancelled to shore up declining spot rates
  • Hapag-Lloyd's 'Strategy 2023' says size mattered - now quality does
  • Felixstowe takes next step in automation - remotely controlled RTGs
  • Beijing delays regulation to curb cross-border data transfer
  • Union Pacific QI profit up 6pc to US$1.4 billion, but sales slip 2pc
  • CSX, Kansas City Southern Q1 sales grow, but KCS profit off 28.9pc
  • Freight forwarders urge Ghana to extend demurrage free period
  • US pork exports to China hit record high as African swine fever spreads
  • Two beluga whales grounded as rough seas delay ferry operation
  • Time:matters sales hit record US$137 million on back of M&As
  • Virgin Orbit chooses Guam as base to send satellites into space

Exim Indiaweb site
APRIL 23, 2019
  • Adoption of regulation establishing a European Maritime Single Window environment welcomed
  • Bahri showcases maritime services & solutions at African event
  • Cosco Shipping Bulk signs contract for eight 210,000 DWT bulk carriers
  • Hamburg Süd & International Maritime Museum to launch collaboration to catalogue & display the historical collection of the company
  • IRClass to provide classification services for 54 vessels/crafts of Border Security Force
  • Maritime corruption on IMO's agenda
  • JNPT Chairman inaugurates course on emergency management
  • Port operations in Sri Lanka unaffected by bomb attacks
  • Shanghai port handles 10.42 m TEUs in first three months!
  • The rise of Smart Warehousing in India
  • Govt of Russia seeks Indian investment in its Far East region
  • India's digital infrastructure seen reviving economy
  • India's exports seeing more of high-value products
  • FIEO & Welingkar Institute of Management sign MoU for developing Post Graduate Programme in Foreign Trade Management

International Transport Journalweb site
  • IRU wants more women
  • Acquisition enlarges railcar manufacturing footprint
  • Zipline establishing distribution centres in Ghana
  • Joint effort for Eurasian railfreight business
  • Travisono to chair Amsa safety committee
  • QSL tries out a new app
  • Special investment in Liverpool
  • Kottmeyer new BGL supervisory board chairman
  • Spicejet exploits changing market conditions
  • Prologis enlarges portfolio
  • 53,000 whispering wagons in Germany
  • Stena's next newbuild joins the fleet
  • "Curiosity of the Day"
  • Antonov Airlines celebrates 30th anniversary
  • Origin Logistics opens office in Ankara
  • Oman Air partners with ECS Group in Malaysia
  • Canadian railroad to rely on e-trucks
  • Zim chooses blockchain technology

The Loadstarweb site
APRIL 23, 2019
  • HMM's new boss bids to reassure customers and 2M partners on European trip
  • UK shipping sector wants assurance on four areas of concern over IMO 2020
  • UPS gears up to explore new horizons in US healthcare logistics
  • Whitehall must factor 'overlooked' freight into long-term infrastructure planning
  • Exclusive interview: Jeff Rubin - what happens when oil, globalisation and environment collide?
  • 'ASEAN tiger' shippers say they don't need ULCVs on the intra-Asia trade
  • Deutsche Bahn pondering a sale of DB Schenker?
  • New Belgian cargo airline takes off in Liege, a sister for CAL
  • Market Insight: A trade sale of DB Schenker - one for DHL Global Forwarding or Kuehne + Nagel?
  • Supply chain radar: CMA CGM in, Cosco out, as the container shipping lines flirt with M&A...

Marine Logweb site
APRIL 23, 2019
  • VT Halter Marine wins Polar Security Cutter contract
    VT Halter Marine Inc., Pascagoula, Miss., has been awarded a $745,940,860 contract for the detail design and construction of the U.S. Coast Guard (USCG) Polar Security Cutter (PSC) (formerly the Heavy Polar
  • Qatar Petroleum plans to build 100 or more LNG carriers
    Qatar Petroleum has issued an "invitation to tender" for the reservation of the shipbuilding capacity required for the construction of the 100 or more LNG carrier newbuilds required for its North Field
  • New Wärtsilä waterjets picked for Trinidad & Tobago cat
    Wärtsilä has won its first order for its new WJX series of waterjets introduced in early March. Four WXJ1200 waterjets will power the 100 m long, wave-piercing catamaran ferry ordered from Incat
  • Walter Blessey honored for meritorious public service
    Walter Blessey, Jr., Chairman and CEO, of Harahan, La., headquartered Blessey Marine Services, Inc., has been awarded a Coast Guard Meritorious Public Service Award. He was presented with the award by Rear
  • Wallenius-SOL orders LNG fueled RO/ROs
    A new Swedish shipping company has ordered a series of LNG fueled newbuilds at Chinese shipbuilder CMC Raffles that will be the largest RO/RO vessels thus far built to Finnish/Swedish Ice Class
  • $4.5 million boost for Rhode Island offshore wind
    Ørsted U.S. Offshore Wind and Eversource - the team behind the Revolution Wind project - have pledged $4.5 million to support offshore wind education and supply chain development for the growing offshore
  • OSU exercises option for third research vessel
    Oregon State University (OSU) has received an additional award of $108.12 million from the National Science Foundation to manage the construction of a third Regional Class Research Vessel and has exercised an

Lloyd's Listweb site
APRIL 23, 2019
  • Bolivia to invest in Argentina LNG terminals
    New terminals will facilitate greater gas sales from Argentina's Vaca Muerta shale play
  • Mandatory e-charts cut risk of CMA CGM Libra re-run, UK Club argues
    'Whether ultimately the use of an electronic chart would have prevented the grounding is a moot point, but it is...
  • Wallenius and SOL form shipping company
    Swedish companies combine to service northern Europe with LNG-powered ice classed ro-ro ships up to 30,000 dwt
  • US oil waivers end as Iranian crude exports slump in April
    UPDATED: Brent crude traded as high as $74.67 per barrel on Tuesday morning, although it later steadied to $74.12 on...
  • GasLog appoints Enoizi to fill Sadler gap
    Paolo Enoizi is the new chief operating officer of liquefied natural gas carrier owner GasLog and its separately listed spin-off...
  • Cosco Shipping Energy Transportation names Liu as chairman
    Liu was previously the general manager of CSET, having joined the company in 2016
  • HMM chief in Europe to enhance partnership with 2M
    Mr Bae, who has just become HMM's chief executive and president in March, is in Europe this week visiting clients...
  • High US retail inventories threaten to dampen transpacific growth
    Growth on the China-US trades could be muted this year as retailers try to lower inventory levels pushed up by...
  • Thailand set to sign LNG supply deal for up to 1.5m tonnes per annum
    Expansion plans are meant to prepare for Thailand's gas import needs for the next 30 years
  • Velesto Energy wins $105m Petronas Carigali contracts
    The latest contracts should help improve rig utilisation, but at long-term rates not much better than previous ones
  • SHI wins rare FPSO newbuild
    Floating unit is scheduled to be delivered to an Asian owner in March 2022
  • Qatar seeks to build 100 LNG carriers
    The orders will see initial delivery of 60 LNG carriers in support of the planned production expansion, with a potential...
  • Qatar Petroleum forges naphtha supply deal with SCG Chemical
    Qatar Petroleum is pushing for more direct sales to established end-users. Long-term supply contracts in Asia have so far mainly...
  • Mitsubishi and NYK Line to take delivery of LNG carrier in May
    Asia Pacific North America Japan
  • Tanjung Bruas receives first boxship
    Tanjung Bruas Port is surrounded by more than 500 companies operating within Malacca's industrial parks, according to MMC Group's website
  • ExxonMobil to supply LNG to Zhejiang
    ExxonMobil shares Zhejiang Energy's vision in developing a major LNG gateway in the Ningbo-Zhoushan region
  • Costamare eyes surge in rates for larger boxships
    Costamare's latest earnings report highlights the lift-off in post-panamax boxship rates in recent weeks with several stand-out fixtures amid good...
  • Danaos opts for reverse stock split
    The move will reduce the number of outstanding Danaos shares of common stock from about 213m to about 15.2m shares
  • Port Arthur LNG receives federal authorization
    Sempra welcomes the progress towards its goal of becoming the largest exporter of North American liquified natural gas
  • Driftwood receives FERC authorisation
    The Driftwood project includes a 27.6m tonnes per annum export facility and a 96-mile pipeline
  • Stellar Daisy loss due to 'catastrophic' structural failure
    A Marshall Islands report says the structural failure was due to a combination of factors including corrosion, structural defects and...

The Journal of Commerceweb site
APRIL 23, 2019
  • Indian intermodal giant Concor freezes rates
  • Increase in US truck registrations eases capacity
  • US container-on-barge services get funding boost
  • E-commerce drives on-demand warehousing tech
  • New HMM head to 'consolidate' 2M relationship

TradeWindsweb site
APRIL 23, 2019
  • Global Ship Lease inks Maersk charter
    Ian Webber-led owner may gross almost $10m off 20-year-old post-panamax.
  • US safety detentions went up in 2018
    The number of ships detained over safety issues by the US Coast Guard ticked upward last year, according to the agency's annual port state control report. Safety-related detentions totaled 105 in 2018, up from 90 in 2017 and 98 in 2016, but down from a 10-year high of 201 in 2015. The bump comes even as the number of examinations dipped to just above 9,000. Eleven of those 105 are in merit appea
  • Transmed entrusts its VLCC Atherina to Navig8's VL8 pool
    Navig8 has confirmed it has won Greece's Transmed Shipping as a client, announcing it has taken the company's single and recently acquired VLCC under management. The 319,400-dwt Atherina (built 2011) has entered its VL8 pool, Navig8 said on its website. The ship becomes the 20th committed VLCC to join the fleet, according to the statement. This was not the first Transmed vessel to be entrusted t
  • US creates strong tailwind to boost offshore vessel demand
    Partnerships between European and US maritime outfits are seen as key to providing Jones Act ships for burgeoning renewables sector
  • LNG-powered Wessels Reederei boxship receives Baltic's first ship-to-ship fuel
    The first ship-to-ship LNG fuel transfer in the Baltic is being hailed as a major step forward for gas-powered vessels. On Sunday, the 1,036-teu Wes Amelie (built 2011) received gas fuel from the 7,500-cbm Kairos (built 2018) while in an anchorage off Visby, Sweden, fuel company Nauticor announced. "The successful operation proves again that LNG is becoming a fuel for all segments in the shippin
  • Thenamaris joins Greeks helping Aissot to grow its fleet
    Martinos family-owned company is the latest to fix VLCC newbuildings to Iraqi joint venture
  • Bourbon-Oceanteam CSV wins work in offshore Australia
    A construction support vessel (CSV) owned jointly by Bourbon and Oceanteam has won a new contract with Fugro in Australia. The CSV Southern Ocean (built 2010) will undertake subsea inspection, repair and maintenance (IRM) work when it commences the contract with Fugro in mid-May. The vessel will start work immediately after completing its current employment, in which it has carried out subsea w
  • Jinhui buys two supramaxes
    The Oslo-listed bulker owner has made its first vessel purchase in almost six years.
  • Environmental and training issues dominate Bureau Veritas meeting
    Wah Kwong Maritime Transport Holdings deputy chairman Hing Chao took the helm of Bureau Veritas' Asia and Australia Committee last week as it met in Hanoi to discuss key issues facing shipping. The appointment of the brother of Wah Kwong chairman Sabrina Chao marks another shipping community leadership position for the siblings that lead the Hong Kong company. Hing is also on the executive comm
  • Wells Fargo's Webber says future for analysts still bright
    Top shipping stockpicker concedes times have changed but says analysts must embrace evolving roles
  • Sveaas going on the road to raise bond cash
    Norwegian shipping investor Christen Sveaas' holding company Kistefos is going on the road to drum up support for another bond sale. It has asked ABG Sundal Collier and DNB Markets to arrange a series of fixed-income investor meetings starting on Wednesday. A Norwegian senior unsecured floating-rate bond issue maturing over four years may follow, subject to market conditions. As part of the pot
  • Valles Steamship exits dry cargo market with sale of last bulker to Modion Maritime
    Valles Steamship appears to be exiting the bulker market. Brokers in the US and Europe say the 74,000-dwt panamax Silver Dragon (built 2006) has been sold to Modion Maritime Management of Greece for $8.3m. Valles Steamship orders aframax tanker at Sumitomo Sale puts Valles one ship away from bulker exit The price for the Hudong Zhonghua Shipbuilding-constructed ship confirms the downward pres
  • Cargill: Digital trading solutions must be all-inclusive to succeed
    Commodities giant urges online trading platforms to look beyond covering vessel chartering to include pre and post-trade processes in their offerings
  • Foresight linked to $19m VLCC scrap sale
    UK-based Foresight Group has sold a 20-year-old VLCC for demolition. The 306,000-dwt Agra (built 1999) is said to have been offloaded as is in Singapore for $452 per ldt or $19.1m. Sources said it is likely the ship, which has up to 1,000 tons of bunkers, will be scrapped in Bangladesh. VesselsValue assesses the tanker as worth $19.29m for further trading and scrap. Ravi Mehrotra-chaired Fores
  • China spends over $1bn in three months on secondhand ships
    China has taken just over three months to become the first country in 2019 to spend more than $1bn buying secondhand ships, data shows. It took Chinese buyers just 94 days to break the billion-dollar level, according to data provided to TradeWinds by VesselsValue.com (VV). But although 94 days is fast, it's not quite as fast as a spree five years ago by one of China's biggest shipowning rivals.
  • Product tanker capital of the world shows clockwork growth
    Strong national affiliation with shipping continues to drive talent pool and earnings opportunities at the top tanker owners in the business
  • Fearnley Securities sees sparkle in enlarged Diamond S Shipping
    Promise of rising profitability and strong cash flows have led Fearnley Securities to take up coverage of Wall Street newcomer Diamond S Shipping with a buy rating. Analysts Espen Landmark Fjermestad and Peder Nicolai Jarlsby began coverage with an $18.2 per share target price on what is now a 68-ship company. "Following a merger with Capital Product Partner's tanker fleet Diamond S has finally
  • Stolt-Nielsen man replacing Richard Sadler at GasLog
    New York-listed GasLog and GasLog Partners have found a successor to Richard Sadler as their chief operating officer (COO). Stolt-Nielsen executive Paolo Enoizi will start in the role in August from Piraeus in Greece. He will work alongside Richard Sadler to ensure a smooth transition of responsibilities, the companies said. GasLog secures 12-year newbuild charter with JERA GasLog newbuilding
  • Jan De Nul demands cash from Uljanik Shipyard
    Belgian group Jan De Nul is demanding repayment of all instalments paid to Croatia's troubled Uljanik Shipyard after it cancelled a dredger there. It also wants interest on top, but no final amount has been revealed. Government collateral had been pledged for some of the sum, the shipbuilder said on Tuesday. Siem still keen on car carrier newbuild at crisis-hit Uljanik Croatia turns to China f
  • First Vietnamese-built cruiseship sets sail
    Vard-built Coral Adventurer has bucked the trend of delays plaguing other newbuildings in the expedition cruise sector.
  • Sadan Kaptanoglu opens up on her plans as Bimco president
    Third-generation Turkish shipowner will become the first woman to lead the international shipping association, where the environment will top her agenda
  • VLCC giant Bahri starts stronger as rates rise
    Saudi Arabian tanker giant Bahri has increased earnings in the first quarter as rates strengthened. The VLCC owner said net profit to 31 March was SAR 179.33m ($47.82m), from SAR 123.14m a year ago. Revenue jumped to SAR 1.7bn from SAR 1.45bn. The bottom line was boosted by an improvement in some of its business units and an increase in rates in general, despite a rise in financing costs, it sa
  • EMGS wins another contract in south-east Asia
    Electromagnetic Geoservices (EMGS) has been awarded a multi-year contract in south-east Asia worth up to $73.3m from "one of the world's largest national oil companies", it said. EMGS' 103-metre research vessel Atlantic Guardian (built 2001) will be employed under the contract for up to two years, the shipowner said in a release on Tuesday. "This letter of award from a repeat customer, togethe
  • Bulker ships out first Congo Republic iron ore
    Congo Republic has exported its first iron ore bulker shipment from the revived Pointe Noire port. Reuters reported that the terminal will be used by Congolese billionaire Paul Obambi's Sapro and Swiss trader Glencore. Sapro mined Congo's first ore in 2017 from the Mayoko project and wants to produce 12m tonnes per year by 2022. Glencore's joint venture with Zanaga Iron Ore, of the British Virg
  • AP Moller-Maersk heads into uncharted waters as historic shift in strategy unfolds
    Questions loom as Danish shipping conglomerate sheds its energy wings and focuses on the box business
  • Danish maritime training transitions from 'Maersk School' to mainstream institutions
    Denmark's success in global shipping is closely linked with its ability to tap a rich talent pool, leading executives believe. "In our sector we love the ships, we love the steel, but actually, the software between the ears of the people is actually what is driving the industry," says Anne Steffensen, chief executive of Danish Shipping. "We put a lot of effort into making sure people who jo
  • Danish shipping continues to punch above its weight on global stage
    With a constant focus on ensuring favourable framework conditions for their fleet, Danes continue to make a difference by connecting the maritime world around them
  • Wallenius and SOL order ships for new joint venture
    Swedish shipping companies Wallenius and Swedish Orient Line (SOL) have inked eco-friendly newbuildings for a new Nordic joint venture. Wallenius SOL will carry forestry products and other goods in a network covering the Gulf of Bothnia, the Baltic Sea and the North Sea, they said on Tuesday. The companies view the partnership as an investment to strengthen infrastructure for the needs of Finnis
  • Naftomar scraps elderly LPG carrier
    Demolition deal sees last 1980s-built ship leave the Greek owner's fleet.
  • New HMM CEO on European charm offensive
    New HMM CEO Jae-hoon Bae is visiting Europe to cement the Korean owner's alliances. He plans to meet leaders of its 2M boxship partners Maersk and MSC in Denmark and Switzerland, the company said. Jae-hoon Bae takes top job at HMM Bae left Korea on Monday for London where he will visit the owner's European head office. A meeting has also been set up with IMO secretary general Kitack Lim to tal
  • DSME builds four VLCCs in one dock
    Korea's DSME is working on four VLCC newbuildings in one drydock at the same time to boost productivity. It said it has launched two big tankers ordered by European shipowners simultaneously. This brings to four the number of ships it is working on in dock one, the biggest in the world since 1993. It can handle four 330-metre tankers with a width of 60 metres. This is "not a common sight for
  • US takes world by surprise with waiver decision
    Banchero Costa says unilateral move will likely hurt global economy and be negative for tankers, but Clarksons Platou sees a positive for owners
  • Trump: No more Iranian crude waivers
    White House says decision is aimed at bringing Iran's oil exports to zero and cutting off revenue.
  • Kota Pekarang arrival sets new North Carolina milestone
    US East Coast port hosts first 12,000-teu boxship as $200m investments start to reap rewards.
  • Ocean Yield FPSO put into lay-up in Sri Lanka
    Oil service firm and port operator behind project hope it is a stepping stone to bigger things.

American Shipperweb site
APRIL 23, 2019
  • Talking Trade with Peter Friedmann, AgTC executive director
    "There's nothing we produce in agriculture and forest products here in the U.S. that can't be sourced somewhere else in the world and if we can't deliver our exports, affordably and dependably, we will lose those customers."
  • Mexican envoy: U.S. labor should embrace USMCA
    Mexican Ambassador to the U.S. Martha Barcena Coqui on Monday said the U.S.-Mexico-Canada Agreement's pioneering labor reforms shouldn't be taken for granted.
  • U.S. aims to halt Iran's remaining oil exports
    The White House on Monday announced its intent to end sanction waivers to countries still importing revenue-generating oil from Iran.
  • State legislators hear conflicting views on Oakland ballpark
    The Pacific Merchant Shipping Association and longshoremen oppose the plan by the Oakland Athletics to build a ballpark on Port of Oakland property.
  • HMM's new CEO discussing future with 2M
    Jae-hoon Bae also will meet with employees, shippers and the head of the IMO during a visit to Europe less than a month after becoming head of the South Korean carrier.
  • Executive Moves: Bestpass to TIACA
  • Qatar Petroleum initiates huge LNG carrier order
  • KeepTruckin raises $149 million in Series D funding
  • MARAD awards $6.79 million in grants
  • Kenworth, Toyota unveil fuel cell electric truck
  • FMC reviews eight OTI license applications

The Bunker Bulletinweb site
APRIL 23, 2019
  • OPEC output decision to be made only after reviewing oil prices: Kuwait minister
    The decision by Washington to not extend waivers on Iranian crude oil imports will be a key topic of discussion when OPEC members meet in Jeddah in May
  • OPEC has the spare capacity to offset Iran's oil supply losses, but does it have the will?
    The looming lapse of sanctions waivers for imports of Iranian crude has put spare production capacity back in focus
  • Global spare oil production capacity at 'comfortable levels': IEA
    Global oil markets are adequately supplied with "comfortable" levels of spare production capacity, according to the IEA
  • ARA fuel oil stocks fall 12% despite closed arb east
    Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub dropped by 12% week on week
  • Piraeus bunkers brace for tight availability as holidays loom
    The bunker market at the port of Piraeus, Greece, is facing an increasingly tight barge schedule
  • Novorossiisk bunkering resumes after weather improves: sources
    Bunkering operations have resumed at the Russian Black Sea port of Novorossiisk
  • Crude again sets fresh six-month high as market digests potential loss of Iranian barrels
    Oil futures settled higher for a second session Tuesday
  • LSFO blending demand pushes Australian heavy sweet crude premiums to record high
    The premiums continue their rise ahead of the IMO 2020 rule.
  • External: Global Risk Management
  • Japan sees no need for SPR release after US decision to end Iran sanctions waiver: METI
    "In any case, we will be closely monitoring trends in the international crude oil markets and local companies' situations over their [oil] procurements."

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