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BRIEFS
May 29, 2019
Sched Netweb site
  • Maersk reverses into a US$656 million loss as revenue rises 2.5pc
  • 25 injured in containership fire and explosion at Laem Chabang docks
  • Two Chinese 21,000-TEUers arrive at Khalifa Port's CSP Abu Dhabi Terminal
  • Yantian Express cargo discharge to take 12 days to set general average
  • Caspian Shipping Company to modernise its fleet to service oil fields
  • Deere slumps as trade war darkens outlook for top tractor maker
  • Hiab offers HiVision for Multilift hooklifts to make work easier and safer
  • Finnair and China Southern expand services with codeshare cooperation
  • Atran collaborates with Cainiao to link Hangzhou and Riga
  • Ohio cargo gateway to benefit from US$15m FAA grant

Exim Indiaweb site
MAY 28, 2019
  • Global Logistics launches Global Privilege Programme
  • Indian Register of Shipping seminar provides various perspectives regarding fuel sulphur limit compliance & GHG emissions
  • Iran & India launch third direct shipping route connecting Qeshm & Kandla
  • Kanoo Shipping launches operations in India
  • ZIM commissions advanced new ZIMonitor refrigerated containers
  • Paradip Port completes movement of a record 30 vessels within 24 hours
  • FAST TRACK CFS' SEZ Warehousing Unit in APSEZ Mundra now fully operational & serving the trade
  • Govt mulling introducing major scheme that would ensure fast refund of Central & state taxes & levies

International Transport Journalweb site
  • That special difference
  • Mozambican forwarder invests in fleet telematics
  • New president for pilot services on the Seine
  • Garbe Industrial Real Estate expands logistics location
  • Forces unite along China-Europe-China rail route
  • AP Moller goes for Traxens too
  • Qatar Airways' new destinations in the Med
  • Extension in Carinthia completed
  • Welcome for assistant minister for freight transport
  • More trains due to expanded multimodal partnership
  • New inland shipping services in Serbia
  • PIA to resume Tokyo service
  • New rail links between Rotterdam and Southern Germany
  • Stadler changing executive board
  • "Curiosity of the Day"
  • Flash expanding in Turkey
  • Danish carrier reducing Med network
  • Decline continues at Asian cargo airports
  • Lufthansa Cargo shrinks schedules

The Loadstarweb site
MAY 28, 2019
  • Lufthansa Cargo to cut capacity in a bid to boost load factors
  • China-US trade war could trigger 15% volume decline on transpacific
  • MSC and CMA CGM sign up to Maersk/IBM TradeLens blockchain project
  • Scandinavia's SSL expands its global footprint with purchase of CR Cargo
  • DHL Global Forwarding launches new online booking platform
  • The Morrow Roberson Road Test: DSV Lead Logistics
  • John Stubbings and Rachel Morley move into lead roles on BIFA board
  • P&O demands Eurotunnel hands back £33m Brexit ferry settlement
  • Amazon may unleash long-feared purge of small suppliers
  • Market Insight: 'Extremely positive reaction' from both sides as DSV and Panalpina execs meet
  • Supply chain radar: Expeditors repudiates debt and eyes its own dealmaking...
  • On the wires: While trade wars rumble on Alibaba lines up a blockbuster IPO in Hong Kong...
  • On the wires: It's an uphill struggle for Worldwide Flight Services as leverage soars

Marine Logweb site
MAY 28, 2019
  • Bollinger names Chris Remont EVP New Construction
    Bollinger Shipyards has promoted Chris Remont to Executive Vice President of New Construction Programs. In this role, Remont will assume responsibility of overseeing all commercial and government new construction programs for the
  • Eastern delivers first FMT newbuild with Sub-M certificate
    Eastern Shipbuilding, Panama City, Fla., has delivered the first new construction towboat in a long running series to be issued a USCG Subchapter M Certificate of Inspection (COI). The vessel, M/V Brian
  • NCDOT ferries feature Schottel STP propulsion
    Two 185 ft vehicle ferries under construction at Gulf Island Shipyards, Houma, La., for the North Carolina Department of Transportation will each be equipped with four Schottel type STP 150 L Twin
  • W&O picked for Offshore Patrol Cutter valve supply
    Eastern Shipbuilding has selected Jacksonville, Fla., headquartered W&O Supply as the major supplier of valves for the United States Coast Guard's new Offshore Patrol Cutters (OPC). The Offshore Patrol Cutter is the

Lloyd's Listweb site
MAY 28, 2019
  • War risk premiums poised to surge as Middle East tensions rise
    Two groups representing tanker owners and operators warned members to upgrade maritime security when transiting the region in a notice...
  • Iran increases crude shipments to Syria
    Suezmax carrying about 1m barrels of crude spotted discharging off the Syrian port of Baniyas - it is the third in a...
  • Venture Global secures $1.3bn Calcasieu Pass investment
    Deal with Stonepeak Infrastructure Partners puts the 10m tpa LNG export facility closer to its 2022 start-up date
  • Australia LNG looks to capitalise on US-China tariff tiff advantage
    Western Australia's mooted net-zero emission policy can still set back the Browse project and in this respect, Coleman argued that...
  • Safe Bulkers posts profit despite weak dry market
    Owner recently began retrofit programme to install scrubbers on half the fleet
  • Transpacific traders and carriers face uncertain times
    The unresolved trade tensions between the US and China have left carriers and shippers in an unpredictable situation with no...
  • Traxens gets third carrier backer
    Maersk joins CMA CGM and MSC in investing in and buying from container tracking device manufacturer Traxens
  • CMA CGM and MSC to join TradeLens
    UPDATE: Maersk wins backing for blockchain development with addition of two additional carriers, helping to sell the project as a...
  • Danaos Corporation signs $150m sale and leaseback deal with EnTrust Global
    Danaos will put the proceeds to various uses, including the partial refinancing of loans secured on the vessels
  • Consortia rules boost carrier efficiency
    Cost savings passed to shippers from the formation of alliances should encourage Brussels to maintain consortia rules
  • Former Rickmers chief executive Van Meenen to join MPC Capital Board
    'With Ignace Van Meenen, we have gained a versatile and experienced investment manager' - MPC Capital chairman Axel Schroeder
  • Ten killed in China shipyard accident
    The ageing dry bulk carrier was being drydocked at the yard in eastern China when the accident happened
  • Daily Briefing
    Star Bulk supersizes takeover tally | CSSC looks for $250m in IPO | LNG to dominate gas trade | Methanol...
  • Star Bulk agrees acquisition of 11 bulkers from Kelso
    The company added about 40 vessels to its fleet in 2018 with a variety of acquisitions
  • Regasified LNG only a bridging solution to southern Australia's gas woes
    Australia is set to resort to importing LNG to meet demand along its southern coast because most of its producing...
  • CSSC Shipping seeks $250m valuation in Hong Kong IPO
    Yard-backed leasing house CSSC Shipping will use about 60% of the net proceeds to strengthen the capital base of its...
  • Vallianz warns of full-year loss due to impairments
    However, the offshore support vessel provider still expects to report profits at the operating level if the impairments are excluded
  • LNG forecast to make up 80% of global gas trade by 2040
    Increasing LNG trade volumes will result from its use as a bridging energy source as the global economy seeks to...
  • Methanol fuel group selects nine vessels for research
    The aim is to find insights into the feasibility of using methanol to power different ship types across a range...

The Journal of Commerceweb site
MAY 28, 2019
  • New York's Red Hook gets third container service
  • Employers threaten to lock out ILWU Canada
  • CN, Hutchison back Quebec container project
  • No end in sight for JNPT rail dispute
  • Santos port authority workers plan strike
  • Project business on the upswing, but concerns remain
  • China looks to restructure Pearl River Delta ports
  • DP World scales up India inland logistics offerings
  • Tariff war casts shadow on US ocean, surface freight
  • CMA CGM, MSC join TradeLens; Maersk with Traxens

TradeWindsweb site
MAY 28, 2019
  • Freightos claims sales spike heralds freight's digital future
    Outfit says volumes are up 200% as it tackles issues around cargo no-shows, overbooking and price volatility
  • Ocean Longevity closes in on sales of its four oldest vessels
    A major Hong Kong bulker owner appears to be in the process of disposing of its oldest tonnage
  • Tightening market lifts rates for bigger boxships by 50%
    Rising demand for larger containerships has knock-on benefit for intermediate sizes
  • Option deadline again extended for Ocean Yield FPSO
    Aker Energy is getting even more time to decide what to do with a laid-up Ocean Yield FPSO. Ocean Yield announced that the Norwegian oil and gas outfit has until 1 September to decide whether or not to execute the 15-year bareboat charter option it has on the 214,266-cbm Dhirubhai-1 (built 1979). Ocean Yield results fall amid less revenue Rokke extends option period for Ocean Yield FPSO Ocean
  • Solstad still eyeing financial restructuring amid balance sheet pressure
    Solstad Offshore says it continues to believe it will need to undergo "comprehensive" restructuring to improve its financial position, despite markets improving during the first quarter 2019. Solstad Offshore unit agrees debt freeze "The long-term viability of the company's and the group's business depends on the company finding a solution to its financial situation," the Oslo-listed offshore su
  • Belships targets $15m purse from private placement in Oslo
    Belships has put the wheels in motion for a private placement of new shares backed by company insiders. The Oslo-listed bulk carrier owner aims to raise up to $15m through the issuance of around 18.6m new shares, which have been priced at NOK 7.00 each. Active S&P player Belships mulls extra 'ships for shares' deals Belships' changes offer breath of fresh air in Norway The application period
  • Scrubber investments not takeovers top Safe Bulkers to-do list, says Polys Hajioannou
    Safe Bulkers plans to keep scrubber installations this year as its top priority amid a shipping sector seeing further consolidation. Star Bulk Carriers yesterday announced plans to buy Deplhin Shipping's 11 ships for $139.5m, after growing its fleet by 41 ships last year. In early April, Genco Shipping & Trading's John Wobensmith told TradeWinds it will look for M&A opportunities to enlarge its
  • Reach Subsea sees better days ahead as it trims its quarterly loss
    Reach Subsea has trimmed its loss for the first quarter, despite lower vessel utilisation in the low-season North Sea spot market. The offshore support vessel (OSV) owner's net loss totalled NOK 18m ($2.1m) for the quarter, compared to a net loss of NOK 19m during the same period in 2018. Fleet growth helps Reach Subsea cut loss in 2018 Reach charters Topaz subsea newbuilding First-quarter rev
  • $34m super-yacht falls from cargoship
    A $34m luxury yacht has been lost from a cargoship that encountered a storm in the Mediterranean. Liguria Nautica reported that the 12,800-dwt Brattingsborg (built 2010) was transporting the boat from the Caribbean to Italy when it fell into the sea in the Gulf of Lion. The 2016-built yacht, My Song, is owned by Italian businessman Pier Luigi Loro Piana. It is believed to still be afloat. My S
  • Egypt 'discharges' seized suezmax's crude cargo
    The Egyptian navy is said to have discharged the Iranian crude cargo on a UAE-owned suezmax detained there since December. AIS data shows the 163,000-dwt Sea Shark (built 1991) at anchorage south of Suez on 25 May. It had been moved to the Ain Sukhna terminal last week, a source close to the crew told TradeWinds. Egyptian navy takes seized suezmax into terminal Crew reveal 'mental torture' on
  • Coup for Maersk as MSC and CMA CGM join blockchain platform
    Boxship giants MSC and CMA CGM have joined Maersk and IBM's blockchain shipping platform TradeLens. Data for nearly half of the world's ocean container cargo will now be available, the companies said. "We're excited to have these two major carriers join. We have been in discussions with them since the end of last year, but talks picked up in earnest in the first quarter," TradeLens CEO Michael W
  • IEA says shipping needs to do more or misses emission targets
    The IMO should tighten operating and newbuilding rules, promote low-carbon fuels and adopt a CO2 pricing scheme by 2023, according to the energy watchdog.
  • Carnival executives ordered to appear in federal court
    US government and Arnold Donald-led cruise major reach accord on pending resolution to take away probation for environmental malfaisance.
  • Charters help shield Safe Bulkers from dry depression in profitable first quarter
    Safe Bulkers remained in the black for the first quarter of 2019 as contract coverage on its fleet helped shield the New York-listed company from a depressed freight market. Polys Hajioannou's Safe rang in a profit of $5.4m in the opening three months of 2019, down 10% on a year-on-year basis following a Vale dam disaster this January which sent rates into a tailspin. Safe Bulkers' Polys Hajioan
  • Navios Maritime adds panamax as it sells handy
    Greece's Navios Maritime Holdings has revealed more sale and purchase activity that has improved its average fleet age by 20%. It said that it has agreed to buy a formerly chartered-in panamax bulker, the 77,000-dwt Sea Victory (built 2014), from Shoei Kisen of Japan. Angeliki Frangou eyes up VLCC options to renew Navios Acquisition fleet The company is paying $14.5m and will rename it Navios V
  • Boxship capacity cuts likely after Trump tweets
    Container lines are debating whether to cut back on transpacific capacity following an escalation in the tariff war between the US and China, according to consultancy Drewry. It said: "Just when ocean carriers thought it was safe to go back in the water all it took was a couple of tweets to throw the transpacific market back into chaos." It had seemed that the flames of the trade war between the
  • DNV GL's Knut Orbeck-Nilssen calls on shipping to keep safety at forefront of industry's mind
    Class society's maritime CEO talks about his worries for safety and disappointment over stalled reforms at IACS
  • PGS mulls bond issue to meet $675m refinancing target
    PGS could raise more bonds to meet its $675m refinancing target, TradeWinds has learned. The seismic survey shipowner said on Monday it has begun the process to raise $525m from a five-year first lien term loan and a further $150m in second-lien debt. PGS targets $675m in seismic refinancing effort TGS and PGS to conduct first 3D seismic survey in Labrador Sea PGS sells survey ship to Japan fo
  • Maersk Tankers strikes for four extra LR2s newbuildings at Dalian Shipyard
    Maersk Tankers has boosted its LR2 newbuilding orderbook in China at the same time as it is being linked with a move for an MR in the secondhand market. Maersk Tankers targets major cut in CO2 emissions under new strategy Product tanker capital of the world shows clockwork growth Maersk Tankers posts loss in tough product market Privately owned Maersk Tankers has taken four additional slots on
  • Carsten Mortensen to chair StormGeo
    Norwegian shipping weather information firm StormGeo has appointed former BW Group CEO Carsten Mortensen as non-executive chairman. The Dane will play an important role in supporting StormGeo in its next phase of growth, the company said. Mortensen, a former Maersk and Norden man, resigned from BW last year. He replaces Jonas Persson as chairman. Mortensen quits BW LPG board Carsten Mortensen
  • Union Maritime cashes in on panamax bulker asset play
    Union Maritime has secured a healthy profit from the sale of a panamax bulker it bought when the market bottomed out in 2016. The 76,000-dwt Harrow (built 2005) has changed hands for $9.1m, brokers said. This is about 40% more than the UK shipowner paid for the Sasebo Heavy Industries-built vessel from Japan's Toyo Kaiun in October 2016, when it was the Red Queen. The Harrow is due for specia
  • Molaris-led Alma Maritime sells capesize bulker for $12.3m
    Greek shipowner Stamatis Molaris has sold a 16-year-old, Japanese-built capesize bulker. US brokers identified his Alma Maritime as being behind the sale of the 176,000-dwt Iron Fritz (built 2003) for $12.3m. VesselsValue estimates that a ship with the characteristics of the Nippon Kokan Koji Corp-built capsize is worth $10.2m, while Maritime Strategies International estimates it at $13.3m. Th
  • Bunker One adds tanker in US Gulf
    Danish ship fuel group Bunker One is expanding its US Gulf and Caribbean operation with a new tanker. It said it is adding the 6,900-dwt Waltz (built 2008) in the Bahamas from 1 June. The ship, owned by Waltz Marine of Athens, will mark the group's entry into physical supply at Freeport. Georgia Kounalakis, managing director for Bunker One in the region, said: "The continued growth of our physi
  • Fredriksen tanker rescues yachtsman off Nova Scotia Peninsular
    A tanker owned by John Fredriksen's Frontline has rescued a lone yachtsman who had run into trouble off the Nova Scotia Peninsular. Frontline eyes growth with backing of Fredriksen X-factor Shipowner John Fredriksen to mark 75th birthday as 'richest Norwegian ever' Frontline's 110,000-dwt Front Leopard (built 2016) raced to help a small craft which had issued a distress call approximately 430 m
  • Nord/LB targets $59bn of asset reductions as it exits shipping
    German lender Nord/LB is targeting massive portfolio reductions over the next five years as it exits shipping. The bank said assets stood at EUR 148.2bn ($166bn) at the end of the first quarter, from EUR 154bn at year-end, while risk exposure was EUR 45.3bn, down from EUR 45.5bn. Assets will be cut to about EUR 95bn and administrative costs to EUR 625m by 2024, it added. Nord/LB exits ship fina
  • Wallenius Wilhelmsen downgraded by DNB Markets amid cut to 2020 forecasts
    DNB Markets has downgraded shares in car carrier giant Wallenius Wilhelmsen as a key contract renewal is projected to dent profit in 2020. Car carrier rates have bottomed out but are still too low to kick-start newbuildings Car carriers 'struggle' to recover from tough market Analysts led by Nicolay Dyvik dropped the bank's rating on the Oslo-listed shipowner from buy to hold, with their target
  • Former Rickmers CEO re-emerges at MPC Capital
    Former Rickmers Holding boss Ignace van Meenen has resurfaced at German asset manager MPC Capital. Van Meenen quit his job when the Bertram Rickmers-controlled company went bust in 2017. He has now been appointed chief sales officer (CSO) at MPC Capital. The 51-year-old lawyer will focus on growth strategies in the real estate and infrastructure divisions, the company said. Born in Belgium, va
  • Belships' changes offer breath of fresh air in Norway
    Veteran company is ringing the changes in the country's shipowning community
  • Creditors send bill to owners after Nordia Bulk collapse
    Apparent demise of a Greek-Danish chartering operator leaves trade creditors demanding their cash from d'Amico Dry Cargo and Alma Shipmanagement & Trading
  • S'hail Shipping snaps up two more bulkers
    Qatar's S'hail Shipping has added two more bulkers to its fleet in a QAR 75m ($20.6m) deal. The renamed 76,629-dwt S'hail Al Rayan and 74,143-dwt S'hail Al Dukhan will join in June, boosting its tally to seven ships. S'hail Shipping adds latest acquisition to Klaveness pool The idea is to increase its capacity to carry bulk cargoes, the company said. There are nine vessels of the first size in
  • Seaspan Ferries orders LNG-fuelled double
    Canada's Seaspan Ferries has contracted two new hybrid ro-paxes at Dutch shipyard group Damen. The LNG/battery powered vessels will be built at the Mangalia shipyard in Romania, it said. They will be delivered in 2021, joining two existing hybrid ships. "Within their first two years of service, our existing LNG hybrid vessels have operated with emission reductions of over 50% compared to tradit
  • CSSC Shipping aims for $280m in Hong Kong IPO
    China's CSSC (Hong Kong) Shipping plans to raise HKD 2.2bn ($280m) in a Hong Kong IPO. The shipowning arm of state-owned shipbuilder China State Shipbuilding Corp (CSSC) will issue 1.5bn shares at between HKD 1.34 and HKD 1.42 each, it said in a filing. CSSC Leasing celebrates huge newbuilding haul CSSC 'ready to back' Chinese bank's IPO with $2bn The deal will be priced on 5 June, with the st
  • Vallianz Holdings expects to post significant full-year loss
    Singapore-listed offshore vessel operator blames continued challenges in offshore sector.
  • Oldendorff boosts green footprint with switch to LED bulbs
    German owner equipping entire bulker fleet with efficient and environmentally friendly lights.
  • Petros Pappas adds to takeover tally as Star Bulk buys Delphin Shipping fleet
    Petros Pappas-led bulker player doubles supramax collection, expands fleet to 120 ships.
  • Extended OPEC cuts set to hold down tanker rates
    Sector also faces problems from shrinking demand and growing fleet, says industry analyst.
  • PNG political upheaval may delay LNG projects
    Analysts say Total and ExxonMobil keeping a close eye on events in South Pacific archipelago.

American Shipperweb site
MAY 28, 2019
  • Employers to lock out ILWU Canada members starting Thursday
    Employers say they still seek a negotiated settlement with the longshore union.
  • Undeclared toxic chemicals likely caused KMTC Hong Kong fire
    Investigators found calcium hypochlorite in 13 containers and chlorinated paraffin wax in an additional five.
  • CMA CGM and MSC joining TradeLens
    Two more carriers join the "blockchain-enabled" shipping platform developed by Maersk and IBM.
  • U.S. continues block on WTO Appellate Body selections
    The AB has four vacancies, with two current members on the seven-position panel expected to depart in December, which would render it inoperative.
  • Executive Moves: Walmart and Transplace
  • TSA committee to help safeguard railroads, highways
  • Baltimore welcomes largest containership to call port
  • Maersk investing in Traxens
  • Keel-laying ceremony held for Elenger LNG tanker
  • Seaboard service connects Brooklyn with Central America
  • DHL's Boeing 777 Freighter makes maiden flight
  • ZIM expanding fleet of refrigerated containers
  • Executive Moves: BIFA, FarEye, StormGeo
  • U.S. heightens export controls for Venezuela

The Bunker Bulletinweb site
MAY 28, 2019
  • Refined products rally on driving demand, supply disruptions
    Refined products futures climbed Tuesday at the onset of the US summer driving season and supply disruptions in the Midwest due to flooding.
  • European ports expand LSFO storage ahead of IMO 2020
    European ports have been expanding their low sulfur fuel oil storage capacity ahead of IMO 2020.
  • Japan's MOL readies for IMO 2020, other rules while advancing rolling plan
    MOL's 'basic policy' is to use low-sulfur fuel oil while it also plans to install SOx scrubbers on about 50 vessels.
  • Marine fuels supplier Bunker One adds barge in Caribbean
  • Cameron LNG set to receive tanker as facility liquefies first cargo: dispatcher
    The closer of the two tankers, the Marvel Crane, left Barcelona on May 5, cflow showed.

›››File
FROM THE HOME PAGE
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.
At the port of Marseille-Fos, general cargo traffic is increasing while bulk cargo is decreasing.
Marseille
In the first half of 2026, cruise passengers increased by +5%
The Swedish government is calling for the EU maritime ETS to be extended to more vessels.
Stockholm
Stockholm stresses the need for the ETS to remain a pillar of EU climate policy
Assiterminal will bring the issues of concession fees, investments and intermodality to the attention of politicians.
Genoa
Proposal to grant a concession fee discount to terminals that increase rail traffic
Pirate attacks on ships continue to decline
London
In the first half of this year, 38 accidents occurred compared to 90 in the first six months of 2025.
There are still six thousand sailors trapped in the Strait of Hormuz region
London
Dominguez (IMO): I remain confident that the evacuation plan can be resumed
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
ZPMC Delivers New Ultra-High Wind-Resistant Port Cranes
Shanghai
The world's tallest rail-mounted reach stackers for empty containers have also been built.
Peninsula and Itochu form joint venture to supply ammonia bunkering to European ports
Gibraltar
The initiative in response to the growing demand for zero-carbon fuels
Konecranes announced its entry into Japan
Helsinki/Tokyo
Acquisition of 70% of Mitsubishi Electric FA Industrial Products
Saipem wins $2 billion contract in Indonesia
Milan
Seven IMO regional coordinators have been introduced who will provide technical support to the organisation's Member States.
London
Jadrolinija has inaugurated its new fast maritime service Ancona-Zadar
Ancona/Zara
It provides five departures per week and a crossing of approximately four hours.
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