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Independent journal on economy and transport policy
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BRIEFS
June 2, 1998
Shipping Timesweb site
Shipping News
  • Indon crisis will worsen box shortage in Asi
    Container imbalance affecting intra-Asian feeders and mega carriers alike: report
  • Manila's South Harbour operator renews contract
  • Global lines feel impact of Asia turmoil
  • Estonia owners will not sue shipbuilder
Air and Land Transport
  • Boeing aircraft output may exceed 550 this year
    Planemaker expects to maintain current output of 550 a year through 2001
  • Air France pilots strike; many flights cancelled
  • MAS defers delivery of 9 aircraft; to sell, lease some jets
  • MAS' image not hurt by Tawau crash
  • Qantas raises stake in Fiji carrier
Features
  • GE, Pratt agree to team up
    Two of world's major engine makers join up to supply an engine for Airbus Industrie's proposed superjumbo plane

Shipping Timesweb site
Shipping News
  • Indon crisis will worsen box shortage in Asi
    Container imbalance affecting intra-Asian feeders and mega carriers alike: report
  • Manila's South Harbour operator renews contract
  • Global lines feel impact of Asia turmoil
  • Estonia owners will not sue shipbuilder
Air and Land Transport
  • Boeing aircraft output may exceed 550 this year
    Planemaker expects to maintain current output of 550 a year through 2001
  • Air France pilots strike; many flights cancelled
  • MAS defers delivery of 9 aircraft; to sell, lease some jets
  • MAS' image not hurt by Tawau crash
  • Qantas raises stake in Fiji carrier
Features
  • GE, Pratt agree to team up
    Two of world's major engine makers join up to supply an engine for Airbus Industrie's proposed superjumbo plane

Shipping Timesweb site
Shipping News
  • Indon crisis will worsen box shortage in Asi
    Container imbalance affecting intra-Asian feeders and mega carriers alike: report
  • Manila's South Harbour operator renews contract
  • Global lines feel impact of Asia turmoil
  • Estonia owners will not sue shipbuilder
Air and Land Transport
  • Boeing aircraft output may exceed 550 this year
    Planemaker expects to maintain current output of 550 a year through 2001
  • Air France pilots strike; many flights cancelled
  • MAS defers delivery of 9 aircraft; to sell, lease some jets
  • MAS' image not hurt by Tawau crash
  • Qantas raises stake in Fiji carrier
Features
  • GE, Pratt agree to team up
    Two of world's major engine makers join up to supply an engine for Airbus Industrie's proposed superjumbo plane

Sched Netweb site
  • Hong Kong port commissions study
  • Mitsui posts profit
  • Optimism from Evergreen boss
  • Halim Mazmin in comfortable financial position
  • Report shows little respite for Korean exports
  • Second carrier may enter Ningbo cargo battle

Cargowebweb site
JUNE 1, 1998
  • Strike Air France June 1 to 4
  • Second fruit service from South Africa for Rotterdam
  • Strike threat pilots Northwest Airlines
  • UPS Launches e-commerce site
  • European licences expansion below environmental norm

The Journal of Commerceweb site
Home
  • FMC starts probe of Pacific rate practices
  • Exporters find banks will take Latin risks
  • Airlines may be next target of trustbuster
  • UP's Matthews quits post
  • McCain says Jones Act appears to hurt U.S. consumers
  • Cleveland and Norfolk Southern come to terms on rail traffic
  • Lott suggests China trade benefits bill may be in trouble
  • K.B. Toys selects Fritz Cos. for store deliveries
  • Indonesia to probe Suharto riches
  • Panama Canal raises draft restriction to 37.5 feet
Transportation
  • Yellow selling ailing unit to its executives
  • UP financial officer resigns in wake of loss forecast
  • Indian multi-modaler buys container flats
  • Transport index falls 3%, trails the Dow
  • Size matters: United States has biggest presence at shipping show
  • Railroads fail to reach service, rate agreement
Maritime
  • Panama merges its flag registry with three other agencies
  • Government arm bails out Singapore yard
  • Largest ship firm in India saw profit increase 7% in year
  • New delays at Panama Canal
  • Central America thinks multimodal
  • Ship scrapping problem won't go away

The Journal of Commerceweb site
Home
  • FMC starts probe of Pacific rate practices
  • Exporters find banks will take Latin risks
  • Airlines may be next target of trustbuster
  • UP's Matthews quits post
  • McCain says Jones Act appears to hurt U.S. consumers
  • Cleveland and Norfolk Southern come to terms on rail traffic
  • Lott suggests China trade benefits bill may be in trouble
  • K.B. Toys selects Fritz Cos. for store deliveries
  • Indonesia to probe Suharto riches
  • Panama Canal raises draft restriction to 37.5 feet
Transportation
  • Yellow selling ailing unit to its executives
  • UP financial officer resigns in wake of loss forecast
  • Indian multi-modaler buys container flats
  • Transport index falls 3%, trails the Dow
  • Size matters: United States has biggest presence at shipping show
  • Railroads fail to reach service, rate agreement
Maritime
  • Panama merges its flag registry with three other agencies
  • Government arm bails out Singapore yard
  • Largest ship firm in India saw profit increase 7% in year
  • New delays at Panama Canal
  • Central America thinks multimodal
  • Ship scrapping problem won't go away

The Journal of Commerceweb site
Home
  • FMC starts probe of Pacific rate practices
  • Exporters find banks will take Latin risks
  • Airlines may be next target of trustbuster
  • UP's Matthews quits post
  • McCain says Jones Act appears to hurt U.S. consumers
  • Cleveland and Norfolk Southern come to terms on rail traffic
  • Lott suggests China trade benefits bill may be in trouble
  • K.B. Toys selects Fritz Cos. for store deliveries
  • Indonesia to probe Suharto riches
  • Panama Canal raises draft restriction to 37.5 feet
Transportation
  • Yellow selling ailing unit to its executives
  • UP financial officer resigns in wake of loss forecast
  • Indian multi-modaler buys container flats
  • Transport index falls 3%, trails the Dow
  • Size matters: United States has biggest presence at shipping show
  • Railroads fail to reach service, rate agreement
Maritime
  • Panama merges its flag registry with three other agencies
  • Government arm bails out Singapore yard
  • Largest ship firm in India saw profit increase 7% in year
  • New delays at Panama Canal
  • Central America thinks multimodal
  • Ship scrapping problem won't go away

Cyber Shipping Guide - Ocean Commerceweb site
  • Trio Files Slot Charter Pact with FMC
  • Higher Rate Hike Margins for Seriously Hit Areas
  • DCL Launches New LCL Services via Dubai
  • Sankyu Opens JV Firm in Beijing
  • LA Port Opens Bids for Yang Ming Facility

World Wide Shipperweb site
  • Possible FAST Corridor funding source wins Seattle Port Commission support
  • Standard & Poor's says outlook for Union Pacific Corp negative
  • TIACA prexy tells Paris confab air cargo industry is changing
  • New commandant takes position at Coast Guard
  • CSX board of directors extends shareholder rights plan provisions

urgente online pressweb site
  • Los pilotos desafían a la Republique
  • Transporte y logística en el comercio exterior
  • El ferrocarril pide más infraestructuras a los ministros de Transporte
  • "El Transporte debe respetar el medioambiente"
  • Ryder System vende sus negocios en el Reino Unido
  • Nefab firma un contrato de 1.400 millones con Nortel
  • Curso de "Técnico en Logística"

Exim Indiaweb site
  • New direction to economy; Special thrust on agriculture Yashwant Sinha presents a realistic Budget
  • ECU-Line starts groupage service to Ouagadougou
  • Shrimp exports may touch Rs 2,000 cr
  • Panel to woo US corporates
  • Other salient features of the Union Budget — 1998-99
  • Blue Dart starts charter operations
  • Speedy reforms only remedy for sanctions, opine eminent economists
  • Liner agents hit by carriers' sales strategies: Analysis
  • Caution urged on port capacity enhancement
  • Imported tea for DTA sales to end by July
  • CII ties up with Trade Access for e-commerce

Lloyd's Listweb site
  • Cyprus bank set to back shipmanager
    A NEW Cypriot-owned shipmanagement group being established in Nicosia appears to have won support from a leading state-controlled financial institution.
  • Kramek to join ABS Americas
    ADMIRAL Robert Kramek, who retired last Friday as commandant of the US Coast Guard, has been appointed president of ABS Americas division. He will take over the divisional headquarters of the classification society in Houston, which administers 600 ABS surveyors, engineers and support staff throughout Northern, Central and Southern America, writes Michael Grey, Athens.
  • Shipping shares 'on the brink of a recovery'
    THE shipping sector is on the threshold of a stock market rerating after several years of under-performance, according to SBC Warburg Dillon Read.
  • Record land deal to aid Yangming
    YANGMING Marine has sold a prime piece of Taipei real estate at record prices to keep the company in the black this fiscal year.
  • Durban delays anger box shippers
    MAJOR international container lines trading to South Africa, exasperated by the continuous delays and inefficiency at the country's ports, are lobbying for action.
  • Police halt Greenpeace protest
    GREENPEACE'S summer offensive against the oil industry's development of the Atlantic Frontier has begun with an environmental protester chaining himself to the Shell-chartered rig Ocean Alliance, 145 miles north of Kristiansund, Norway.
  • Sembawang seals giant merger
    SINGAPORE Technologies Industrial Corp (STIC) and Sembawang Corp are to merge to create a giant marine and integrated services group.
  • Russia fires Chernyayev in oil sector crackdown
    THE Russian government has fired Valery Chernyayev, president of national oil pipeline monopoly Transneft, and announced that Sidanco subsidiary Udmurtneft will be put into bankruptcy by June 12 if it does not cough up unspecified tax arrears.

Fairplayweb site
JUNE 1, 1998
  • Hughes-Hallet moves up at Swire Pacific
    JAMES Hughes-Hallett, the current chairman of the Hong Kong Shipowners' Association, has taken over as deputy chairman of Swire Pacific.
  • Shanghai shipping centre shapes up
    THE emerging international shipping service centre within the Shanghai Shipping Exchange may be officially launched in July.
  • Two Singapore corporations to merge
    SINGAPORE'S shiprepair sector is to be transformed through the merger of two of the Republic's major corporations.
  • Yang Ming sells land to boost bottom line
    YANG Ming Marine has sold a prime piece of land in Taipei for NT$2.5bn ($74.3m) to lift figures into the black for the financial year ending June 30.
  • China Shipping focuses on Guangzhou
    CHINA Shipping Group is to consolidate its dry bulk and tramp operations in the south China city of Guangzhou.
  • Penang Port to slash workforce
    PENANG Port has offered its workers a 'generous' voluntary redundancy package in an effort to cut its 2,000-strong workforce by up to a third in the next 18 months.
  • Maltese ferries delayed
    THREE ferries under construction for Gozo Channel Co at Malta Shipbuilding have fallen behind schedule.
  • Lunetta charged after criminal investigations
    FORMER Miami Port director Carmen Lunetta has been charged by federal prosecutors following criminal investigations into financial mismanagement at the port.
  • North of England reaps merger rewards
    THE merger between the North of England and Newcastle P&I clubs on February 20 this year has brought a significant improvement to the North of England's financial position.
  • US Senate agrees to hearing on Jones Act
    THE chairman of the Senate Commerce Committee has finally agreed to hold a formal hearing on legislation that would change decades of protection for US coastal shipping.
  • Intercargo owners run safer ships, claims chairman
    SHIPS owned by Intercargo members are four times safer than the average," claimed Sverre Tidemand, who was unanimously re-elected chairman today.
  • Singapore improves safety level
    SINGAPORE'S PSA Corp reduced its injury accident rate by 45 per cent in 1997 despite a 9.2 per cent increase in the number of containers handled during the same year.
  • Philippines to build coal terminal
    STATE-owned Philippine National Oil Co-Coal Corp (PNOC-CC) will build a central coal terminal in Cagayan de Oro City, Mindanao this year.
  • Passenger improvement hits funding shortage
    THE new monitoring system that aims to improve passenger shipping in the Philippines domestic trade faces a funding trouble.
  • Aaserod fails in Igloo financing bid
    CAMBRIDGE group of companies, headed by Norwegian businessman Bjorn Aaserod, has failed to arrange financing to buy the seven Igloo lpg carriers from Bergesen.
  • PSA Corp signs for automated vehicle system
    PSA Corp has signed a deal to develop a navigation system to operate Automated Guided Vehicles at Singapore's container terminals.
  • Nygaard takes helm at Premier Cruises
    JON-Erik Nygaard, former md at Color Line, has been appointed ceo of Premier Cruises.
  • Oil boost from Orinoco
    VENEZUELA'S first extra-heavy crude upgrading project expects to sell its first shipment of crude from the Orinoco Oil Belt in October.
  • Fredriksen buys three more ulccs
    JOHN Fredriksen is reported to have purchased three more ulccs.
  • Master fined for not carrying pilot
    THE master of a bulk carrier has been fined A$5,000 ($3,100) for navigating without a licenced pilot in a compulsory pilotage zone off north-eastern Australia.
  • China releases hijacked tanker
    CHINESE authorities have released the formerly hijacked tanker Petro Ranger and its crew of 20 after a month-long detention in the south China port of Haikou.

Daily Commercial Newsweb site
  • Niche players struggle as shipping roles shift
    In an environment of poor results for liner operators the fortunes of medium and smaller carriers depend on the viability of their niches - and in the trade from Australia-South East Asia viability is not good according to the regional director of P&O Nedlloyd Tom Boardley.
    He told the 14th annual ICHCA conference in Sydney that "The Asian situation is putting even more pressure on carriers and those domiciled in the region my find themselves stretched to find capital for the future fleet expansion plans," Mr Boardley said.
  • ASA gives gentle reminder to govt
    Competitiveness in international shipping relies on the provision of fiscal measures by their governments according to the chairman of the Australian Shipowners Association, John Hurlstone.
    He said the international playing field in shipping was universally levelled by fiscal assistance from governments and so it would be in Australia if government adopted the core recommendations.
  • IMO adopts Indonesian sea lanes proposal
    The IMO's Maritime Safety Committee has adopted an Indonesian proposal to designate three north-south sea lanes through the Indonesian archipelago but only as a partial system government the commercial vessel access to essential trade routes.
    Designation of the three north-south sea lanes is scheduled to come into operation from 5 June 1999.
  • Developer jumps to defence of SCA
    Following criticism of Customs' Sea Cargo Automation system by one developer of systems designed to access SCA, another developer has defended the system unbidden.
    Richard White chief technical officer of Sydney-based Eagle Support said that perhaps the only valid criticism of the SCA system related to its minor message sequencing shortcomings.
  • Shippers given Friday deadline
    Columbus line has given Australian shippers until this Friday to state their intentions regarding cargo now on board the Columbus Canada.
    One of the shippers involved told DCN that the option of taking legal action against unions involved would depend on whether any actual contracts are lost.

›››File
FROM THE HOME PAGE
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
A study highlights the significant costs and counterproductive effects of the application of the EU ETS to maritime connections with western Sicily
Palermo
For the Naples-Palermo and Genoa-Palermo routes the annual cost varies between 2.9 million and 19.9 million euros.
Fincantieri to build third ultra-luxury cruise ship for Four Seasons Yachts
Trieste
The unit will be built in the Ancona plant and will be delivered in 2031
Fermerci urges the search for resources to support rail freight transport.
Rome
Paper: from the remodulation of the PNRR we expect that resources will finally be allocated to compensate for the damages that operators are suffering
Another tanker hit by a drone in the Strait of Hormuz
Southampton
The device caused limited structural damage
New attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit by a shell which started a fire
Evergreen founder's son investigated for insider trading
Taipei
He was released on bail today
ECSA: Shipping receives a cut of its EU maritime ETS payments.
Brussels
Italy, ranked third in Europe, earns €669-787 million. Only France and Estonia allocate a specific portion of this revenue to the maritime sector.
Fincantieri acquires Next Geosolutions, WSense, Graal Tech, and Defcomm to develop the underwater segment
Trieste
The first phase of operations involves an outlay of approximately 600 million euros
A new attack on a ship in the Red Sea raises alarm over a possible resumption of Houthi actions.
Portsmouth
The accident occurred 30 nautical miles southwest of the port of Hodeidah
The Regional Administrative Court (TAR) has accepted the appeal for the annulment of the environmental impact assessment decree for the Fiumicino tourist and cruise port.
Rome
The project - explains the ruling - although speaking of a "prevalent" recreational function, actually foresees a very significant cruise component.
Transport & Environment calls for the introduction of national cruise taxes and further EU measures to mitigate their impact
Brussels
Assiterminal's proposals for amending the Ports Bill focus on port work
Genoa
According to the association, the distinction between port operations and services must be overcome
Assologistica and Assoporti also request changes to Porti d'Italia Spa.
Rome
Both associations highlight the central role of the Port System Authorities
Peruvian judiciary rules that COSCO's private port of Chancay must be subject to public oversight
File
The corrections proposed by Confitarma, ANCI, the Port Authorities and the Italian Competition Authority (AGCM) to the port governance reform
Rome
AP Møller Holding to acquire Norwegian ship leasing company Ocean Yield
Copenhagen/London/Oslo
Holds interests in a fleet of more than 70 cargo vessels
CMA CGM to Invest $1.4 Billion to Buy FedEx Supply Chain
Memphis/Marseille
The American company has nearly 10,000 employees
Brittany Ferries announces plan to scale back operations
Roscoff
The company reports that the difficulties caused by the Covid pandemic and unfair competition have been compounded by the effects of the EU ETS.
ITF and JNG agree to maintain the designation of the Strait of Hormuz as a Warlike Operations Area until July 9
London
It provides seafarers with greater protection and more adequate compensation
Assiterminal highlights the difficulty of placing Porti d'Italia, as proposed by the government, within the Italian port system and within Community law.
Rome
Cargo traffic at Chinese seaports fell by -0.4% in May
Beijing
Containers amounted to 27.5 million TEUs (+2.9%)
The administrative process for the new Port Master Plan for Augusta has begun.
Augusta
TiL (MSC Group) acquires 49% stake in Indian port of Vizhinjam
Mumbai
The stake was sold by Adani Ports for $1.4 billion
Hanseatic Global Terminals (Hapag-Lloyd Group) to acquire 20% of Eurogate Container Terminal Hamburg
Hamburg
The German shipping group will also increase its stake in the Moroccan Tanger Alliance
La Spezia is among the Italian ports that are most increasing their connections to container shipping lines.
Geneva
Among the other main national airports, Vado Ligure and Ravenna are losing connections
Spanish shipowners call for EU maritime ETS revenues to be reinvested in shipping
Madrid
Boluda: Spanish companies will inject over five billion euros into the system by 2030
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Manama
Rejected any toll, tax or attempt to exercise control over the Strait
IMO suspends evacuation operations for ships awaiting transit through the Strait of Hormuz
London/Taipei
Evergreen says its container ship was hit while following the UKMTO-recommended route.
Four entities pre-qualified for the concession of the cargo terminals of the Ukrainian port of Chornomorsk
Gdansk
These are APM Terminals, Mariner/TAS, Yilport Holding and AD Ports/SKF Holdings UK
New attack on a ship transiting the Strait of Hormuz
Southampton
The container ship Ever Lovely was hit by a shell off the coast of Oman.
In 2025, 1,478 containers were lost at sea out of a total of 280 million transported by ships
Washington
On January 1st, the IMO regulation came into force which makes reporting of boxes lost at sea mandatory
BIMCO and ICS' latest report on the maritime workforce raises alarm over officer shortages
London/Bagsværd
In 2026, there will be a shortage of 39,100 STCW certified officers.
In 2025, intermodal traffic handled by Kombiverkehr decreased by -13.5%
Frankfurt am Main
Annual revenues down 8.3%
The government's proposal to update the rules on port governance raises more than one doubt
Rome
Costa: The lack of infrastructure planning cannot be solved with a joint stock company
MSC Cruises and Meyer Werft have not yet signed contracts for four new cruise ships plus two options.
Papenburg/Geneva
The companies expressed confidence that they could successfully conclude negotiations in the coming weeks.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
Geneva
In the second quarter of 2026 it was equal to 290.0 (+2.3%)
AD Ports has completed the acquisition of an 81% stake in Global Feeder Shipping.
Abu Dhabi
In 2025, the company's ships carried 2.8 million containers
An evacuation plan has been established for ships still waiting to transit the Strait of Hormuz.
London/Muscat
Dominguez (IMO): The operation will be carried out in close cooperation with Iran, Oman, all other coastal states in the region, the USA and the maritime industry
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Miami
Fuel costs rise to near-record levels in 2022
Reducing navigation speed and optimizing port calls are the key to decarbonizing shipping
Copenhagen
A new study by the Global Maritime Forum highlights this.
ECSA and A4E reiterate the need to allocate EU ETS revenues to the decarbonisation of ships and aircraft
Brussels
Essential to bridge the price gap between sustainable and conventional fuels
AD Ports' new bid to gain control of Egypt's ALCN rejected
Cairo
A new proposal worth approximately $580 million has been submitted.
John Denholm is the new president of the International Chamber of Shipping
Rome
He succeeds Emanuele Grimaldi, who has completed his four-year term
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.
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
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
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
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.
Hapag-Lloyd to reorganize services in the Adriatic
Hamburg
The port of Ancona, removed from the ADX line, will continue to be served by the IAS service
Eleven nominations for the eighteenth edition of the ESPO Award
Brussels
This year's theme is dual-use port-city projects
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Jotun COSCO Marine Coatings signs agreement with COSCO Shipping Bulk for 125 new vessels
Sandefjord
Advanced hull performance solutions will be implemented
Maersk issues first order for new containers produced in India
Copenhagen
Local production has been stimulated by the introduction of incentives
Last May, freight traffic in the port of Ravenna grew by +3.4%
Ravenna
An increase of +10.6% is expected in June
Sardinia's Port Authority spent approximately €157 million in PNRR funds
Cagliari
Achievement of the targets expected by June 30, 2026
Hannibal will inaugurate a new intermodal service from Melzo to Rotterdam Europoort on July 8th.
Melzo
Six weekly trains are scheduled that will be able to carry up to 38 cargo units
PSA to build and operate container terminal at Vietnam's Lach Huyen port
Singapore
Agreement with Lach Huyen International Logistics & Industrial Park
Sandro Bucchioni and Andrea Fontana confirmed as presidents of the La Spezia freight forwarders and maritime agents.
La Spezia
New two-year mandate
Konecranes has acquired the nuclear and port services segment of Spain's Coapsa.
Hyvinkää
The company has an annual turnover of approximately four million euros.
PSA Italy presented its 2025 Sustainability Report
Genoa
The document highlights, among other things, the employment data and the economic impact on the territory
The Central-Northern Adriatic Port Authority confirms the completion of the projects financed by the PNRR
Ravenna
Mirco Carloni has taken office as president of the Central Adriatic Port System Authority.
Ancona
The Grimaldi Group has taken delivery of the new PCTC Grande Oriente
Naples
It will be placed on the Asia-Europe route
Port of La Spezia: 60 Sea Log workers rehired by other port companies
La Spezia
Pisano (AdSP): very satisfied with the positive conclusion of this dispute
The Central Adriatic Port Authority announces that it has achieved its objectives under the PNRR
Ancona
The funds coming from the plan financed by the European Union amounted to 39.6 million euros
A workshop on cold ironing and related risks and insurance solutions will be held in London.
London
Rossi (ADVANT-Nctm): effective infrastructure development must necessarily take into account legal and insurance aspects
Fincantieri signs an agreement in Albania for shipbuilding training.
Trieste
Skills development for the growth of the new Pashaliman naval industrial hub
Reorganization of ro-pax traffic areas in the port of Catania
Catania
Ferries will no longer be moored on the central jetty or along the eastern breakwater
Maersk raises fiscal 2026 forecast
Copenhagen
Continued growth in demand for containerized shipping and increased spot rates
Green light for the awarding of railway shunting services in the ports of Savona and Vado
New trucking area in the port of Genoa
The Italian Ports Association will hold its assembly in Naples on Wednesday.
Rome
The discussion on port governance reform will be at the heart of the proceedings.
Registration for seafarers' registers is now open to non-EU citizens residing in Italy.
Genoa
Vidotto (Foundation of the Italian Merchant Marine Academy): a step towards civilization
Project to build shipyard in Tartous port expected to accelerate
Damascus
Meeting between a delegation from Kuzey Star Shipyard and the leaders of the Syrian General Authority for Ports and Customs
Port of Gioia Tauro: Work to reactivate hauling and launching operations has been completed.
Gioia Tauro
These operations had been at a standstill since 2024
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will take place in Genoa on July 1st.
Genoa
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
Govt does not interfere in port management appointments - Loke
(Bernama)
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
In Spain, €11.8 million in eco-incentives have been allocated for the use of motorways of the sea.
Madrid
163,672 shipments made by 32 companies subsidized
ABB has signed an agreement to buy Norwegian marine automation company Høglund.
Zurich
The Tønsberg-based company's integrated automation system is currently installed on over 600 vessels.
Port of Gioia Tauro: tender launched for the redevelopment of the ro-ro docks
Gioia Tauro
Worth 5.6 million euros, the works will last 210 days
Grimaldi confirms the important role of the port of Catania in its strategies
Catania
The aim is to increase services and make existing ones even more efficient.
Annual growth of +6% in cruise traffic and +2% in ferry traffic is expected in the Adriatic
Venice
It is the only Mediterranean region to have recorded a decline in cruises in the period 2019-2025
PSA Padova established to develop and manage the Padua intermodal terminal
Padua
The shareholders of Interporto Padova and Padova Hall have approved the merger plan
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.
Spediporto has opened its own representative office in Hong Kong
Genoa
Giachero: the opening of this desk is also an opportunity for young people
Arcese, Conti and Cosulich establish a company for the port logistics of finished vehicles
Livorno
HMM orders eight bulk carriers and two gas carriers
Seoul
Investment of approximately 1.1 billion dollars
MPC Container Ships has purchased four 7,000 TEU containerships built between 2023 and 2024.
Oslo
Investment of 340 million dollars
FedEx posts record quarterly and annual revenue
Memphis
Total revenues in fiscal year 2026 amounted to $94.7 billion (+7.7%)
Geopolitical uncertainty has become the main risk for shipping
Munich
Evergreen purchases 140,500 new containers in China
Taipei
Investments totaling $358.9 million
Yesterday, the Strait of Hormuz was crossed by 42 commercial vessels
Paris
For the first time since the beginning of the conflict, several LNG tankers entered the Persian Gulf
Memorandum of Understanding for the Launch of Drone Use in the Port of Palermo
Palermo
Submission of the request for the establishment of U-Space
Saipem wins new $1 billion offshore contract in Angola
Milan
It was awarded by Azule Energy for the Greater PAJ project
Port of Ancona: Dredging work has begun on the seabed of quay 22.
Ancona
Approximately six thousand cubic meters of sediment will be removed
Confitarma welcomes clarifications regarding ship waste collection management.
Rome
The need for uniform application of the legislation throughout the country was highlighted.
The Tuscan Cooperation Development Fund invests in Uniport Livorno.
Livorno
Operation for a total of 880 thousand euros carried out together with co-investor Coopfond
Fit-Cisl, recognizing dock work as arduous is a priority
Genoa
Pagnotta: This is not a corporate claim, but a question of social justice.
Hupac increases weekly rotations between Antwerp and Busto Arsizio via France to four.
Noise
Two additional departures of the intermodal service introduced
From July, the tariff for naval transit through the Turkish Straits will increase by +14.9%.
Istanbul
It will be raised to $6.70 per net tonne
Fincantieri and Republikorp sign agreement to build multipurpose naval vessels in Indonesia.
Paris
The establishment of a joint venture is planned
Study on the divergences between the EU Ship Recycling Regulation and the Hong Kong Convention
Brussels/London
It has been published by ECSA and ICS
The 2026-2028 POT of the Southern Tyrrhenian and Ionian Sea Port Authority has been approved.
Gioia Tauro
Approval also granted to the 2026 budget forecast variation and to the update of the Port's Staffing Plan.
Autonomous Navigation: ABS, Polaris Shipping, HHI, and AVIKUS Sign Agreement
Athens
It will be tested on a VLOC under certain low-risk conditions
Tomorrow in Sant'Agnello (Naples) the inauguration event of the Italy Branch of The Nautical Institute
London
The topics of discussion will include energy transition in the maritime industry, maritime education and training.
The Municipality of Bologna is reconsidering the divestment of its stake in Interporto Bologna.
Bologna/Bentivoglio
An institutional delegation from Flanders visited the interport
Eni and Fincantieri sign agreement to develop innovative underwater monitoring technologies.
Milan/Trieste
Agreement focused on Eni's "Clean Sea" technology
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