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Independent journal on economy and transport policy
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BRIEFS
March 24, 2020
Sched Netweb site
  • OOIL profit up 1,149pc on US$1.15 billion Long Beach terminal sale
  • Asia-Europe off 3.6pc to US$797/TEU, USWC falls 3.8pc to $1,549/FEU
  • Chandlers face increasing hassle supplying ships in port
  • Zim back in black with US$12 million profit after $44.6 million loss
  • Georgia Ports Authority adds 400,000 TEU capacity to Port of Savannah
  • Bangladesh approves development of its first deepwater port
  • Aqaba terminal to serve as gateway to Iraq, as box volumes rise
  • HR Lines offers feeders between Bangladesh, Singapore, Malaysia
  • Neptune Pacific buys Pacific Direct to boost competitiveness
  • US coronavirus scare prompts FMCSA to waive Hours of Service rules
  • ProjectPitch offers 'masterclass' in project cargo handlers at Antwerp
  • Mass groundings develop as coronavirus fear spreads worldwide
  • Challenge Air Cargo offers China-Europe flights via Tel Aviv, Liege
  • Menzies Aviation names Jennifer Gourley its new Americas CFO

Exim Indiaweb site
MARCH 23, 2020
  • CMA CGM cancels PCS for reefer exports to all Chinese ports from March 23
  • IMO Secretary-General stresses vital need to maintain commerce by sea & protect seafarers' welfare
  • Liberian Registry announces electronic closings & remote mortgage recordings
  • Ministry of Shipping contributing towards achieving $5 trillion economy target: Minister
  • Export of masks, ventilators & textile raw material used for masks & coveralls prohibited
  • Many recommendations to boost SEZ sector implemented
  • DGS issues instructions on operations of vessels & ports
  • Freight forwarders will be pivotal to economic revival: FIATA
  • Exporters call for facilitative measures to tide over current situation
  • Over 7 pc growth in trade seen with FTA & PTA partners
  • S&P lowers India's GDP to 5.2 pc for 2020
  • Call to extend filing of IT/GST returns
  • MoU inked to drive digitalisation & data standardisation in maritime industry

International Transport Journalweb site
  • China - Europe freight transport back on track
  • Kale taps into African market
  • Linz to become Turkish Cargo's 90th destination
  • New managing director for Bolloré in Tunisia
  • Covid-19: more compensation for Swiss railways
  • Geodis expands air and rail capacities
  • The Moody blues about the storm ahead
  • New TOS operative in the port of Livorno
  • Yusen acquires additional shares of AB Logistics
  • ClassNK: changes at the helm
  • VPI: workshops must stay open
  • Fake handbags and Covid-19 test kits intercepted
  • United Cargo schedules 40 weekly charters
  • "Curiosity of the Day"
  • A.P. Moeller - Mærsk bolsters board's financial skills
  • Timocom: quick response in difficult circumstances
  • Sleipnir rides into the Netherlands
  • Contract for maintenance train service awarded

The Loadstarweb site
MARCH 23, 2020
  • Coronavirus may lead to 'largest decline in shipping volumes in living memory'
  • Call to 'designate seafarers as key workers' to keep supply chains moving
  • Comment: Coronavirus may mean the end of just-in-time, as we know it
  • Work together, and keep your eye on the ball, urges forwarder
  • OOCL 2019 carryings and revenue up, but pessimism rules the waves this year
  • Fung family and GLP Group offer to privatise Li & Fung at 150% premium
  • The mathematical conundrum called the 'knapsack problem'
  • BIFA: coronavirus and force majeure
  • Notes from the Covid-19 epicentre - agonisingly, we crave peak death rates
  • Supply chain radar: Ominous signs for DHL as Amazon builds its own delivery network

Marine Logweb site
MARCH 23, 2020
  • VIDEO: Navy to deploy hospital ship Mercy to Los Angeles
    In a matter of days, the Navy hospital ship USNS Mercy will sail from San Diego and dock in the Port of Los Angeles to help lift the burden from local medical
  • HII makes leadership changes at Newport News
    Huntington Ingalls Industries (NYSE: HII) is making changes to the leadership team at its Newport News Shipbuilding division. Julia Jones has been promoted to vice president of manufacturing and facilities, where she
  • More oil moves into storage
    The U.S. Department of Energy (DOE) is to fill the Strategic Petroleum Reserve (SPR) to its maximum capacity by purchasing 77 million barrels of American-produced crude oil. Last week, DOE announced a
  • Duluth Seaway Port Authority awarded $10.5 million infrastructure grant
    The Duluth Seaway Port Authority has been allocated a $10.5 million MARAD Port Infrastructure Development grant, "The Port of Duluth is integral to transporting the food, materials, and other vital goods from
  • Ingalls Shipbuilding employee tests positive for coranavirus
    An employee at Huntington Ingalls Industries' Ingalls Shipbuilding has tested positive for the coronavirus. In a message to Ingalls employees dated yesterday, Brian Cuccias, Ingalls Shipbuilding president, said that the shipbuilder is
  • LNG carrier operator opts for advanced Nippon Paint Marine hull coating
    Piraeus, Greece, based gas carrier operator Gaslog Ltd has opted to apply Nippon Paint Marine's A-LF Sea hull coating as part of its current drydocking program. An advanced ultra-low friction coating system,
  • Car carrier giant to cut fleet size
    Oslo, Norway, headquartered RO/RO specialist Wallenius Wilhelmsen says that, with the coronavirus situation evolving rapidly across the globe, it is taking precautionary steps to adjust its operations and safeguard its liquidity going
  • Damen Shipyards Group names Marc van Heyningen as new COO
    Marc van Heyningen will become the new Chief Operations Officer (COO) of Damen Shipyards Group effective April 1, succeeding to Jan-Wim Dekker, who became Chief Commercial Officer on 1 January. "We warmly

Lloyd's Listweb site
MARCH 23, 2020
  • Collaboration needed on decarbonisation, says ONE chief
    The ONE chief executive says the industry needs to raise money to fund decarbonisation technology
  • Coronavirus: Greek shipping industry pledges help for nation's health system
    Moves comes as Greece cracks down on ferry travel, closes public spaces and allows citizens out of their homes only...
  • Tanker owners seek floating storage floor amid imploding oil market
    Numerous chartering deals have failed in the past three days and are being renegotiated as oil traders, refiners and owners...
  • Hamburg denies container equipment shortage
    Carriers can still find empties for European exporters
  • Coronavirus: Cosco gifts protective gear to Greek coast guard
    Chinese group makes 'significant' donation through Piraeus port authority it has controlled since 2016
  • Yard Talk | Target for new orders looks a tall order
    Demand for both LNG carrier and large containership newbuildings this year may fall short of expectations due to the coronavirus...
  • Vale to temporarily close Malaysia terminal
    Vale has decided to close the Teluk Rubiah iron ore terminal from March 24 to March 31, with an expected...
  • Coronavirus: All UK shipping workers could be classed as 'key'
    Exemptions seem designed primarily for those on ships and in ports, and should not be abused for personal convenience, legal...
  • Coronavirus: Wallenius Wilhelmsen to mothball vessels
    Wallenius Wilhelmsen also says it will delay land-based projects, cut capital expenditure and axe planned scrubber fits
  • High inventory levels dash hopes of a quick recovery
    As the global economy grinds to a halt, high levels of inventories will put paid to a restocking boom
  • Dry bulk operators 'coping' with virus disruptions
    Measures have been put in place to minimise disruptions. There are some crew quarantine delays being reported, but these incidents...
  • New regulations widen powers of FMC
    A year after its introduction, the latest update to US shipping law can be seen as a vote of confidence...
  • US shipping stocks fail to catch a break
    It can feel that with a few notable exceptions, shipping stocks in public markets cannot catch a break. But what...
  • In crisis, communication is key
    'We all have a part to play in standing in solidarity with our seafarers and supporting our industry through this...
  • Daily Briefing
    Free to read: Floating storage at record as coronavirus cripples crude demand | Maersk suspends guidance on coronavirus fears |...
  • Brisbane further eases port entry restrictions
    Despite this watering down, the 14-day restriction policy for all vessels still applies at the other 20 Queensland ports. Shipping...
  • Seven seafarers kidnapped in attack on MSC containership
    This is the first incident in the area this year. However, there were four incidents at Port Libreville and the...
  • Shanghai eases crew change ban
    Despite the move to avoid draconian impositions on crew movement, the Shanghai government asks shipping firms to 'try as much...
  • FSL Trust names Markus Wenker as new chief financial officer
    At Cyprus-based Hellenic Bank, Wenker established a growing ship finance unit
  • Coronavirus threatens box shipping demand, says OOIL
    OOIL warns that a further escalation of the coronavirus outbreak will hurt global economic growth and container shipping demand
  • Australia's major backfill LNG project now on hold
    Independent oil and gas producer Santos no longer aims to sanction the Barossa backfill LNG project in the first half...
  • Coronavirus: No uptick in containership arrivals at the San Pedro Bay ports
    The declining ship arrivals and container traffic bode ill for any future turnaround as they are already weakening employment along...

The Journal of Commerceweb site
MARCH 23, 2020
  • Wallenius Wilhelmsen shrinks fleet on coronavirus demand dip
  • USDOT grant to increase rail productivity at Port of New Orleans
  • Truck driver scarcity cripples container flow at India's JNPT
  • Coronavirus business closures chill US, European import demand
  • JOC Rankings: Trans-Atlantic container growth continues despite US-EU trade spat
  • ECMC's new committee to raise project cargo safety awareness

TradeWindsweb site
MARCH 23, 2020
  • Capes see modest gains in 'upside-down' dry bulk market
  • Pangaea suspends quarterly dividend on coronavirus impact
  • American Maritime Partnership opposes Jones Act waiver request
  • Danaos insiders file for sale of up to 45% of shares stake
  • With Covid-19 spreading, shipping conferences take to the internet
  • Chembulk joins legal battle against Valero in Chem Ranger dispute
  • Golar Power gets green light to switch on Sergipe in Brazil
  • Hornbeck Offshore fails to complete bond swap
  • Sun Enterprises to double aframax tanker orderbook at Daehan
  • Scrubber adopters make the best of narrowed fuel spreads
  • 'Mental agony': Seafarers being abandoned during outbreak, charity says
  • Tankerska Plovidba eyes expansion after taking over ferry line
  • Natixis arrests Cido Shipping VLCC chartered to Trafigura
  • Vale to keep Malaysian iron ore terminal operating
  • Scrubber payback pushed out to four years as spread narrows again
  • Spot VLCC earnings plunge as charterers hold back in Middle East
  • Samherji trying to back out of $271m Eimskip takeover due to virus
  • Insurers braced for the financial fallout from spread of coronavirus
  • KKR-backed hedge fund manager reveals 5% Euronav stake
  • Wallenius Wilhelmsen to scrap and lay up ships as car market seizes up
  • Clarksons: Concern deepens for boxships and car carriers
  • 'Look beyond tomorrow' to win through tough times, says Torm
  • Italian shipowners face battle for survival by coronavirus spread
  • P&O Maritime Logistics confirms move into MPP sector
  • Seven crew kidnapped from Greek boxship off Gabon
  • OOIL sees full-year profit double, despite market turmoil
  • ASEAN banks less exposed to offshore after 'kitchen sinking' in 2017

American Shipperweb site
MARCH 23, 2020
  • NWSA focused on keeping commerce moving during pandemic
    Ports of Seattle and Tacoma still operating normally but handling less cargo.
  • OOIL profits swell with Long Beach sale proceeds
    "IT strength and capability" helping Orient Overseas (International) Limited service customers during coronavirus crisis.
  • Free flow of ocean cargo at rising risk from coronavirus
    Ocean shipping has functioned well during the outbreak but pressures are mounting.
  • How coronavirus affects US river-barge market
    Petchem shippers are keeping inland barge owners busy, but upside could be temporary.
  • Boeing shuts down assembly lines in response to pandemic
    Boeing will stop making planes for two weeks at most of its plants to protect workers from the coronavirus.
  • Countries cut red tape to speed up cargo relief flights
    Some countries are making it easier for airlines to adjust operations in response to the coronavirus crisis, but the airfreight community wants greater cooperation from...
  • US lets up on import tariffs for Chinese medical supplies
    The Office of the U.S. Trade Representative acknowledged, "the imposition of tariffs on certain Chinese imports has resulted in an overall decline in the availability...
  • Singapore tanker operator fined $1.65 million for oil bilge dumping
    UNIX Line's tanker, Zao Galaxy, discharged the contaminated water overboard in early 2019 during a voyage between the Philippines and California's Port of Richmond.

The Bunker Bulletinweb site
MARCH 23, 2020
  • Mexico maintains crude production in February at 1.673 million b/d
    Mexico maintained its crude production in February despite a drop in international crude prices, official figures published over the weekend show.
  • PetroChina Liaoyang to keep March gasoil export steady from February
    State-owned PetroChina's 180,000 b/d Liaoyang Petrochemical refinery in northeastern Liaoning province, plans to export 120,000 mt of gasoil in March, steady from February, a refinery source told S&P Global Platts Monday. The gasoil export has been steady at 120,000 mt since January.
  • Bangladesh to import cleaner 0.005% sulfur gasoil from July 2020
    Bangladesh will start importing 0.005% sulfur gasoil, instead of the existing 0.05% sulfur gasoil, from July 2020 in a bid to ensure a cleaner environment, Bangladesh Petroleum Corporation, or BPC, chairman Md Shamsur Rahman told S&P Global Platts on Monday.
  • VLSFO cracks hit 6-month low as demand tanks
    Cracks for 0.5% marine fuel against Brent have fallen to their lowest levels in six months amid falling demand for marine fuel and an oversupply of product in the region due to the ongoing effects of the coronavirus pandemic.
  • US crude stocks likely extend run higher as economics favor storage
    US crude inventories likely continued to build last week amid strong storage economics and historically weak refinery runs, an S&P Global Platts analysis showed Monday.
  • Brazil's Petrobras removes workers from Lula Field FPSO amid COVID-19 concerns
    Brazilian state-led oil company Petrobras removed eight workers from an offshore floating production unit over the weekend amid concerns about a potential COVID-19 outbreak offshore.
  • German 2020 emissions could fall 30-100 mil mt on COVID-19 outbreak: Agora
    Germany could exceed its 2020 climate goal of a 40% cut in CO2 emissions over 1990 due to the coronavirus crisis and the mild, windy winter just passed, think-tank Agora Energiewende said Monday.
  • Wallenius Wilhelmsen acts to trim costs amid challenges due to COVID-19 spread
    The shipper has withdrawn the 2019 proposed dividend, cancelled scrubber installations to limit capex.
  • USGC middle distillate exports to Europe at 950,000 mt in March, zero so far in April
    A total of 950,000 mt of US Gulf Coast middle distillate shipments is currently scheduled to arrive in Europe in March as of Monday, with 670,000 mt bound for Northwest Europe and 280,000 mt set to arrive in the Mediterranean, data from S&P Global Platts trade flow software cFlow showed.
  • Gibraltar bunkering operations resume as bad weather eases
    Bunkering operations at the port of Gibraltar have resumed with no disruptions, a spokesman for the port authority said Monday.
  • Asia braces for more energy demand destruction as nations lock down cities
    Plummeting oil and gas consumption in China is likely to be replicated in the rest of Asia's developing countries as the coronavirus outbreak triggers more lockdowns and transport disruptions.
  • North Asia's March bunker fuel demand mixed; slight recovery in Hong Kong
    "Demand [in Hong Kong] is still slow, but it is much better than in February when it dropped by around 60%," a supplier said.

›››File
FROM THE HOME PAGE
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
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.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%.
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
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Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
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
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
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
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
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
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
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.
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.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
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.
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