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Independent journal on economy and transport policy
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BRIEFS
November 12, 1998
Shipping Timesweb site
Shipping News
  • Former S'pore Cosco chief named group's president
    He will lead conglomerate's reorganisation to gain more autonomy
  • Congestion surcharge imposed on Madras stays
  • Italian firm to study major Manila port project
  • K Line's pre-tax profit down, hit by higher operating costs
Air and Land Transport
  • PAL accepts Cathay's initial proposal for capital injection
    Work on rehabilitation plan for airline expected to take many weeks
  • Rivals urge US govt to reject BA-American deal
  • SIA to increase capacity on services to China
  • Boeing snatches back lead in aircraft orders from Airbus
  • Airbus forecasts 50% market share for this year
  • Auckland Airport passenger traffic up
  • FedEx to expand trucking operations if pilots strike
Features
  • Fruit of a worldwide effort
    Sept 11 launch of SIA's new product and service features came from two years of intensive research and work
Columns
  • Knud I Larsen director reflects on shipping's biggest changes

Shipping Timesweb site
Shipping News
  • Former S'pore Cosco chief named group's president
    He will lead conglomerate's reorganisation to gain more autonomy
  • Congestion surcharge imposed on Madras stays
  • Italian firm to study major Manila port project
  • K Line's pre-tax profit down, hit by higher operating costs
Air and Land Transport
  • PAL accepts Cathay's initial proposal for capital injection
    Work on rehabilitation plan for airline expected to take many weeks
  • Rivals urge US govt to reject BA-American deal
  • SIA to increase capacity on services to China
  • Boeing snatches back lead in aircraft orders from Airbus
  • Airbus forecasts 50% market share for this year
  • Auckland Airport passenger traffic up
  • FedEx to expand trucking operations if pilots strike
Features
  • Fruit of a worldwide effort
    Sept 11 launch of SIA's new product and service features came from two years of intensive research and work
Columns
  • Knud I Larsen director reflects on shipping's biggest changes

Shipping Timesweb site
Shipping News
  • Former S'pore Cosco chief named group's president
    He will lead conglomerate's reorganisation to gain more autonomy
  • Congestion surcharge imposed on Madras stays
  • Italian firm to study major Manila port project
  • K Line's pre-tax profit down, hit by higher operating costs
Air and Land Transport
  • PAL accepts Cathay's initial proposal for capital injection
    Work on rehabilitation plan for airline expected to take many weeks
  • Rivals urge US govt to reject BA-American deal
  • SIA to increase capacity on services to China
  • Boeing snatches back lead in aircraft orders from Airbus
  • Airbus forecasts 50% market share for this year
  • Auckland Airport passenger traffic up
  • FedEx to expand trucking operations if pilots strike
Features
  • Fruit of a worldwide effort
    Sept 11 launch of SIA's new product and service features came from two years of intensive research and work
Columns
  • Knud I Larsen director reflects on shipping's biggest changes

Shipping Timesweb site
Shipping News
  • Former S'pore Cosco chief named group's president
    He will lead conglomerate's reorganisation to gain more autonomy
  • Congestion surcharge imposed on Madras stays
  • Italian firm to study major Manila port project
  • K Line's pre-tax profit down, hit by higher operating costs
Air and Land Transport
  • PAL accepts Cathay's initial proposal for capital injection
    Work on rehabilitation plan for airline expected to take many weeks
  • Rivals urge US govt to reject BA-American deal
  • SIA to increase capacity on services to China
  • Boeing snatches back lead in aircraft orders from Airbus
  • Airbus forecasts 50% market share for this year
  • Auckland Airport passenger traffic up
  • FedEx to expand trucking operations if pilots strike
Features
  • Fruit of a worldwide effort
    Sept 11 launch of SIA's new product and service features came from two years of intensive research and work
Columns
  • Knud I Larsen director reflects on shipping's biggest changes

Sched Netweb site
  • September's external trade figures released
  • APSA succeeds in resisting new THCs
  • New cranes for Santos
  • U-Freight opens in Vancouver
  • Asian Sources and ACS form new partnership
  • EVA predicts rise in cargo transportation
  • ATA applauds passage of international treaty
  • Avia Presto experiences huge growth in cargo handling

Cargowebweb site
NOVEMBER 11, 1998
  • American Airlines not to Amsterdam and Moskou
  • Nedlloyd pools forces with Dan in UK
  • Sea-Land to charter Greek ships
  • KLM in alliance with Air Alps Aviation
  • Eleven percent ECT growth
  • Demand to close Amsterdam runway in bad weather

Cyber Shipping Guide - Ocean Commerceweb site
  • Safari to Enhance Service by Cutting Transit Times
  • HMM Extends Transatlantic Service Pact With MSC
  • Sea Containers' Earnings for 3rd Quarter Rise 35%

Marine Logweb site
  • European Commission to monitor newbuilding prices for unfair competition
    The European Commission's DGIII Directorate has published an invitation to tender for services to monitor the shipbuilding market in 1999 and to provide monthly, mid-term and final reports on the newbuilding contracts concluded in the period.
  • Daewoo set for $400 million cable ship order
    Daewoo Heavy Industries is reportedly poised to sign a contract to build l3 cable-laying vessels worth US$400 million.
  • GD completes take-over of NASSCO
    General Dynamics (NYSE: GD) has completed its purchase of NASSCO Holdings Inc.
  • Friede Goldman files for NYSE listing
    Friede Goldman International Inc. has filed an Original Listing Application for the New York Stock Exchange. The company's proposed first day of trading on the NYSE is December 1, 1998, and the company's new trading symbol will be "FGI."

Lloyd's Listweb site
  • Threat to transatlantic trade fuels renewed crisis for lines
    OCEAN carriers could find themselves on the frontline of a threatened transatlantic trade war, with dozens of European products targeted for punitive duties by the US, which is taking unilateral action over the European Union's banana import regime.
  • Holt names ACL board candidates
    TWO directors of Atlantic Container Line will be retained on the board that major shareholder Holt Group is proposing, writes Janet Porter.
  • US exports to Asia down 11%
    CARGO imbalances across the Pacific are worsening, with US containerised exports to Asia continuing to shrink while imports keep growing.
  • Bremen brokers create new firm
    BREMEN insurance enterprises Lampe & Schierenbeck and Buse & Schwartze have merged.
  • Cargill grain buyout to have worldwide repercussions
    A sense of inevitability surrounds Cargill's proposed buyout of Continental Grain's worldwide commodity busines.
  • German class society predicts 15,000 teu ships
    GERMANISCHER Lloyd has predicted that a new generation of containership leviathans are set to ply the world's trade routes in a little over 10 years, with nearly double the teu capacity of the current largest containership.
  • Hull premiums set for substantial rise
    SHIPOWNERS have been warned by a Norwegian expert they face substantial increases in hull insurance premiums, as marine insurers come to terms with heavy losses.
  • Storebrand profits hit by unrest in market
    NORWEGIAN insurance company Storebrand has blamed capital market unrest for a 37% erosion in nine-month consolidated profit, but said it was still financially strong.

Fairplayweb site
NOVEMBER 11, 1998
  • Salvarani quits EU safety post
    ROBERTO Salvarani, for seven years the head of the Europe's maritime safety campaign, has left his post to take charge of the transport directorate's Trans-European Network programme.
  • Sea Containers buys ferry business
    SEA Containers has announced it has signed a contract to acquire another ferry business, but "the company and the vendor have agreed to keep the transaction confidential until closing."
  • Italian second register attracts 200 ships
    MORE than 200 ships have applied to join the Italian International Register, according to Confitarma, the Italian owners' association.
  • Tea-for-oil deal resumed
    SRI Lanka is to buy $10-12m worth of oil from Iraq, and will resume sales of Ceylon tea, under a barter deal struck by a Colombo delegation that visited Baghdad last week.
  • Italian inland cruising expands
    INTEREST in cruising on Italy's inland waterways is growing, following the development of cruises on the River Po by a Swiss operator.
  • Subic Bay set to beat targets
    SUBIC Bay freeport has posted Pesos139m ($3.6m) in revenue for the first nine months of 1998, and looks set to beat this year's target revenue.
  • Philippines 'fines' SGS
    PHILIPPINES Customs Bureau is to deduct penalties for alleged valuation errors committed by Societe Generale de Surveillance from the firm's fee for next year.
  • Marine underwriting losses 'inevitable'
    SEVERE underwriting losses are now inevitable, according to Norway's Central Union of Marine Underwriters.
  • Shore jobs threatened claim owners
    FAILURE to develop an attractive career path will jeopardise the seafaring expertise needed to maintain related shore-based industries, Glasgow owners warned.
  • Port Klang terminals form alliance
    TWO of Port Klang's three container terminals have agreed a "strategic and operational alliance" to offer their services under a new "North Port" title.
  • Strike hits Hanjin shipyards
    WORKERS at South Korean shipbuilder Hanjin Heavy Industries started an indefinite strike yesterday.
  • FESCO plans $500m fleet renewal
    RUSSIA'S Far Eastern Shipping Co is planning to spend $500m to renew its fleet.
  • Knud I Larsen debts dwarf assets
    DANISH shipping company Knud I Larsen, which suspended debt repayments on October 28, has debts of Dkr1.57bn ($240m), while assets come to only Dkr 90m.
  • Cruise lines bewildered by booking slowdown
    CRUISE lines are reported to be bewildered by a slowing in bookings in the US market this winter.
  • Algoma hit by grain dearth
    LOWER grain shipments on the Great Lakes, increased shiprepair costs and depressed earnings have hit the third quarter results of Ontario-based Algoma Central Corp.
  • MUA claims Geraldton conspiracy
    A PLAN to sack wharfies in the Western Australian port of Geraldton is being tackled head on by the Maritime Union which is lodging conspiracy charges.

Daily Commercial Newsweb site
  • VCA in deep over surcharge
    The Victorian Channels Authority is searching for a more effective method of charging users of the recently deepened channels of the port of Geelong, following a virtual boycott by bulk trades operators which has seen larger vessels staying away in droves.
    Early this year after the $35 million project was completed, the VCA declared a new channel depth of 12.3 metres -- 1.3 metres deeper than previously -- and established a differential pricing structure to reflect use of the increased depth.
  • Botany back on even keel
    Productivity at Port Botany container terminals has returned to levels experienced prior to the dispute over the removal of crane chasers.
    All sources agree that the situation has improved over the past week, but stressed the need for those levels to be sustained.
    The commercial director of the New South Wales Road Transport Association, Terry Dene, confirmed that the level of complaints from his members had fallen, and has been taken as a sign of the general improvement in the situation.
    Truck operators have been among the most forceful critics of the Port Botany facilities.
  • Court to hear MUA claim
    The Federal Court will hold a hearing for the Maritime Union of Australia on Wednesday to assess its application for an injunction to stop the Geraldton Port Authority from making its stevedoring workforce redundant.
    The GPA, which has licensed Cooperative Bulk Handling, P&O Ports and WA Mercentile, to provide stevedoring at the port, will end its involvement in stevedoring on 31 December.
    The port has offered voluntary redundancies to its stevedoring workers and those who do not take up this option will be placed on the state government redeployment list.
    The MUA is modelling its action on its court case against Patrick Stevedores earlier this year.
  • Rail puts Toll ahead
    Transport giant, the Toll Group, told shareholders at yesterday's annual general meeting that group trading for the first four months of the 1998-99 financial year was above forecast and significantly ahead of the comparable period in the previous financial year.
    Toll managing director Paul Little said the performance of the Long Distance division had exceeded expectations, particularly its rail operations which continue to benefit from the restructure and cost reduction programs.
  • AWB backs private rail, but …
    One of the rail freight industry's biggest customers, the Australian Wheat Board, has thrown its support behind further privatisation of Australia's rail operations, saying the removal of regulation has lowered costs and improved Australia's international grain competitiveness.
    However, AWB representatives told a public hearing in Melbourne this week that issues associated with rail access, investment and infrastructure, and service and pricing levels still needed to be resolved.
    The AWB, which was giving evidence before the Productivity Commission inquiry into the "Progress in Rail Reform", also ruled out becoming a freight train owner and/or operator in the short-term.

Marine Linkweb site
NOVEMBER 11, 1998
  • Daewoo Wins $400M Order
    Daewoo Heavy Industries Ltd. has reportedly won a $400 million order to build 13 cable laying vessels for the CTR Group Ltd. of the United States.
  • EU Probes Capacity At Kvaerner's German Yard
    The European Commission is reportedly investigating whether the German Warnow Werft shipyard owned by Norway's Kvaerner is complying with capacity limits in return for EU subsidies.
  • P&O Nedlloyd Agrees To Cheaper Crew Deal
    P&O Nedlloyd has reportedly reached an agreement with seafarers' unions about its plans to replace 330 British and New Zealand seaman with cheaper crew.
  • CEFOR Warns Of Marine Insurance Losses
    The managing director of Norway's Central Union of Marine Underwriters (CEFOR), Tore Forsmo, reportedly warned insurers that losses are inevitable in marine insurance this year and premium rates must be raised to reflect exposures.
  • IUA Formally Launched After LIRMA Vote
    The International Underwriting Association of London (IUA) was formally launched after members of The London International Insurance and Reinsurance Market Association (LIRMA) voted in favor of a merger with the Institute of London Underwriters (ILU).
  • Worldscale Predicts Rates Will Fall In 1999
    Worldscale flat rates for oil tankers will reportedly fall by between five and seven percent next year.
  • Holt Group Wants To Take Active Role In ACL
    Privately-owned U.S. stevedoring and shipping company The Holt Group Inc. will reportedly propose taking a more active role in Atlantic Container Line AB.
  • Oslo Frets About Plans To Tow Ex-Soviet Warship
    Norway reportedly expressed concern about Russian plans to tow a rusting aircraft carrier, formerly the pride of the Soviet fleet, past its coast this winter bound for an Indian scrapyard.
  • U.S. Oil Industry Hopes For Asian Recovery By 2000
    The worst of Asia's economic woes could be over and a recovery could be under way by 2000, top U.S. oil executives, meeting at a major industry conference in San Francisco, Calif. reported. And they agreed that the oil industry -- the first industry outside Asia to suffer when Asian currencies and economies began crumbling in 1997 -- will still be in dismal shape if an Asian recovery doesn't start to take place by then.
  • Chevron Sale Marks End Of California Offshore Oil Saga
    Chevron Corp. reportedly agreed to sell its share of the Point Arguello offshore oil project -- the center of a decade-long fight with environmentalists in the 1980s and early 1990s -- along with the rest of its California offshore properties. The sale to privately held Venoco Inc. marks the end of a long saga for Chevron that began in 1981 with one of the largest U.S. offshore finds ever, off the California resort city of Santa Barbara, and led to a landmark struggle between the oil industry and environmentalists.

›››File
FROM THE HOME PAGE
Bimco, ICS, Intercargo and Intertanko condemn attacks on ships and seafarers in the Strait of Hormuz
London
Call for an immediate cessation of attacks
The Swiss Federal Council proposes extending subsidies for rail freight traffic through the Alps until 2035.
Bern
From 2027 to 2035, 486 million francs would be paid out
So far the number of ships leaving the Persian Gulf is 6-7% of those transited a year ago
Paris
AXSMarine: No Signs of a Long-Term Reopening of the Strait of Hormuz
Global Ports Holding in talks to manage cruise port in St. Vincent and the Grenadines
Istanbul
The terminal currently records an annual traffic of approximately 200 thousand passengers
Investments in Taiwan's ports amounting to 1.8 billion dollars are planned for the period 2027-2031.
Taipei
At the end of the five-year period, annual container traffic is expected to be equal to 15.5 million TEUs
US forces hit a third vessel in the Gulf of Oman
Tampa
The "Jalveer" is said to be carrying a cargo of Iranian oil.
ALLRAIL, CER, ERFA, FEPORT, FTE, UIP and UIRR present their proposal for the European Railway Platform
Brussels
The aim is to ensure market representation from the very beginning of the new European rail capacity governance process.
US Central Command claims responsibility for attack on product tanker Settebello
Tampa/New Delhi/London
Condemnation by the Indian government and the International Maritime Organization
Product tanker hit in Strait of Hormuz region
Southampton/Muscat
One sailor was injured. Two other crew members are missing.
In the first quarter of this year, freight traffic in the port of Civitavecchia decreased by -1.0%.
Civitavecchia
Cruise passengers increase by +32.1%
A merchant ship was attacked in the Gulf of Aden
Southampton
Gemini Cooperation increases cargo capacity on the Asia-Mediterranean route
Copenhagen
Sea-Intelligence adds additional weekly capacity of 22,402 TEUs
ESPO fully endorses the EU Council conclusions on the Maritime Industrial Strategy
Brussels
The central role of port facilities confirmed
CO2 capture and storage on ships is one of the most concrete and immediately available solutions for the decarbonisation of shipping.
London
Antitrust approves Messina Group's acquisition of Terminal San Giorgio
Rome
The Italian Competition Authority (AGCM) has also approved the acquisition by the MSC group of the Asso group's naval maintenance and repair activities (Jobson Italia and UASC UAE).
Rates for ships transiting the Suez Canal are expected to rise.
Ismailia
They will be applied from July 15th. Passenger ships excluded.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
The Council of the EU accepts many of the requests put forward by the associations of the European maritime-port cluster
Luxembourg
However, necessarily, the text postpones the adoption of concrete measures to future legislative initiatives
ESPO calls for proactive use of the EES system to avoid congestion in European ports
Brussels
Ryckbost: Flexibilities activated promptly in exceptional but foreseeable circumstances
Rixi: It is necessary to overcome a maritime ETS that risks shifting traffic and investments to non-European ports.
Luxembourg
What is needed - highlights the vice minister - are incentives and flexibility, not new constraints
Houthis threaten to resume attacks on ships transiting the Red Sea
Sana'a
A total ban on navigation has been declared for all vessels linked to Israeli interests.
Global trade in goods may start to slow down
Global trade in goods may start to slow down
Geneva
This is reported by the latest reading of the WTO Goods Trade Barometer.
The new port road connection to Sampierdarena has been activated in Genoa.
The new port road connection to Sampierdarena has been activated in Genoa.
Genoa
Paroli: the work now allows approximately 900-1,000 heavy vehicles per day to directly access the port's operational areas.
The rapporteurs of the Ports Bill defend the governance project centered on the Ports of Italy.
Rome
Ghio (PD) denounces that the governing bodies of this new company would be appointed entirely by the government. Ghirra (AVS): The objectives of national coordination could have been achieved by strengthening the National Conference of Port Authority Presidents.
US logistics companies WWEX Group and Auctane announce merger
Milan/Dallas/Austin
Artificial intelligence plays a leading role
Unexpected decline in European intermodal traffic in the first quarter of 2026
Brussels
UIRR: Infrastructure chaos caused by construction sites interrupting railway lines
Hanseatic Global Terminals acquires remaining 50% of Hanseatic Global Terminals Aracruz
Rotterdam/Aracruz
The company is building the new Brazilian container port of Imetame
Conftrasporto: The Ports Bill highlights clear operational, financial, and regulatory compliance issues.
Rome
Russo: the competences of Ports of Italy would overlap with those of the Port System Authorities, the Ministry of Transport and the Art
WoodMac believes decarbonisation rules could have a major impact on LNG-powered vessels
Edinburgh
According to the company, European regulations would put ships with DFDE engines out of the market
French MN will transport Avio's Vega C launcher between Italy and South America
Nantes
The French company will equip itself with a new vessel designed specifically for the transport of space equipment
EU methodology for calculating greenhouse gas emissions from transport services comes into force
Brussels
The system is based on the international standard EN ISO 14083:2023
The container ship MSC Sariska V was hit by two shells in the Persian Gulf on Monday.
Geneva/Rome
All crew members were unharmed.
In the first quarter, freight traffic in the port of Bremen/Bremerhaven grew by +5.8%
Bremen
Containers amounted to 1,245,515 teu (+4.4%)
MSC acquires 51% stake in Pivdennyi container terminal (Odessa)
Odessa
It has a traffic capacity of 400 thousand TEUs per year.
The IMO Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea will enter into force on 19 November 2027.
London
Dominguez: a long-awaited achievement, which fills an important gap in the international regime
In April, ship transits through the Suez Canal increased by +13.9%
In April, ship transits through the Suez Canal increased by +13.9%
Cairo
In the first four months of 2026, an increase of +12.1% was recorded
In the first quarter, freight traffic in the port of Naples fell by -5.3%, while in Salerno it grew by +6.4%.
Naples
Container throughput in the two ports was 167,433 teu (-3.5%) and 101,509 teu (+7.8%) respectively.
Kerdjoudj (Feport): With the revision of the EU ETS, part of the proceeds should be allocated to ports.
Brussels
Call to carefully evaluate the risk of relocating transhipment traffic
With the new COSCO-PTP terminal, the port of Tarragona relaunches itself on the container market.
Tarragona
Construction work is expected to be completed in 2028 when the terminal will have a capacity of 680,000 TEUs.
In 2025, Egyptian ports set their new all-time container throughput record
Alexandria, Egypt
Strong growth in transhipment volumes, which had remained stable in 2024
The national contract for port mooring and boatmen has been renewed.
Rome
Filt-Cgil strengthens a regulatory framework essential for the sector
A study explains how to make the use of OPS facilities in European ports more attractive and effective.
Brussels
Clearer and more comparable tariffs are also needed.
Federlogistica calls for amendments to the port governance bill.
Genoa
Falteri: the new structure must guarantee the Port System Authority adequate financial resources and effective operational tools.
ESPO calls for EU ETS amendments to ensure the competitiveness of European ports.
Brussels
The negative impact on short sea shipping was also highlighted.
New measures adopted in Switzerland to strengthen the competitiveness of the maritime flag
Bern
A Swiss shipowner will be able to fly the Swiss flag even if the owning company is based abroad
Sea trials of the second cruise ship built in China have concluded.
Shanghai
The Adora Flora City will make its maiden voyage departing from the port of Guangzhou on November 22nd.
In the first quarter of 2026, the value of G20 freight traffic recorded a quarterly growth of +5.3%
Paris
Mitigation of the growth of cargo traffic in the port of Tangier Med
Tangier
In the first three months of 2026, 38.8 million tonnes were handled (+3.2%)
Cargo traffic in Chinese seaports grew by 2.6% in April
Cargo traffic in Chinese seaports grew by 2.6% in April
Beijing
Imports and exports increased by 0.6%. Containers totaled 26.9 million (+4.8%).
Fermerci asks the government for urgent measures to support rail freight transport.
Rome
Railway companies penalized by infrastructure disruptions
Port of Naples, first ship-to-ship LNG bunkering operation on a cruise ship
Naples
Axpo used the cargo barge "Green Zeebrugge"
CMA CGM closed the first quarter of 2026 with a net profit of $250 million (-78%)
CMA CGM closed the first quarter of 2026 with a net profit of $250 million (-78%)
Marseille
Revenues stable, with logistics and other activities offsetting the decline in shipping
The U.S. Supreme Court has reopened the case pitting Havana Docks against Carnival, Royal Caribbean, NCLH and MSC
New International Code of Safety for Autonomous Surface Vessels Adopted
London
It will come into force on July 1st and will be applied on a voluntary basis for at least two years
UIRR: Combined road-rail transport shipments to increase by 1.5% in 2025
Brussels
The association highlighted the disastrous effects on the railway construction sector in Germany.
Fincantieri and Teijin Automotive Technologies sign agreement to develop composite bulkheads for naval applications.
Trieste/Pouancé
Folgiero: We enable the development of lighter and more efficient units
After eight quarters of profits, ZIM reports an operating loss
Haifa
In the first three months of 2026, the volumes of cargo transported by ships also fell sharply (-8.3%)
The US has indicted four Chinese container manufacturers and seven of their executives.
Washington
The arrest of the marketing director of Singamas in France on April 14 was made public.
EU Parliament and Council reach agreement on tariffs agreement between the European Union and the United States
Strasbourg/Brussels
An expiry clause and a suspension clause have been introduced
FFS Cargo Switzerland is reorganizing its single-wagon freight network.
Bern
A reduction of 50 of the current 280 marshalling yards is expected
IMO reports 17% increase in maritime piracy incidents in 2025
London
The most affected area was the Straits of Malacca and Singapore with 122 incidents (+34%).
Hapag-Lloyd and CMA CGM have suspended bookings for maritime shipments to Cuba.
Paris/Frankfurt/Havana
Decision after Trump's expansion of US sanctions
International tender for the new container terminal at the port of Klaipeda will be held by the end of the year.
Klaipeda
It will have an annual traffic capacity of 2.5 million TEUs
ITF calls on governments to dismantle the flag of convenience system once and for all
London
It is - the union denounces - the bad apple at the heart of the exploitation of seafarers
Evergreen's revenues decreased by 21.3% in the first quarter
Taipei
Operating profit and net economic profit fell by -69.5% and -68.8%
Viking Holdings closed the first quarter with a net loss of -54.2 million dollars
Los Angeles
Revenues up 17.5%
In the first three months of 2026, container traffic at Eurokai port terminals grew by +8.9%
Bremen
Increases of 12.7% in Germany and 7.8% in Italy. A decline in the port of Tangier Med.
Norovirus on Ambassador Cruise Line's Ambition cruise ship
Purfleet/Vlissingen
French health authorities have authorized the unit to continue normal operations.
In the first three months of 2026, freight traffic in the Port of Hamburg decreased by -2.0%
Hamburg
Containers amounted to two million TEUs (-1.6%)
Yang Ming and WHL's quarterly financial results continue to deteriorate.
Keelung/Taipei
In the first three months of this year, revenues decreased by -15.1% and -9.3% respectively.
Hapag-Lloyd closed the first quarter with an operating loss of -218.6 million euros
Hapag-Lloyd closed the first quarter with an operating loss of -218.6 million euros
Hamburg
Revenues down 16.8%
In the first three months of 2026, HMM's revenue decreased by -4.8%
In the first three months of 2026, HMM's revenue decreased by -4.8%
Seoul
Container segment saw a 7.9% decline and bulk segment saw a 20.1% growth.
Global Ports Holding's cruise terminals recorded record traffic in the first quarter of this year.
Istanbul
Five million passengers almost reached
Le Aziende informano
International Shipping Community to Gather in Genoa for Two Days of Maritime Dialogue and Networking
In the first three months of 2026, freight traffic in the ports of Genoa and Savona-Vado fell by -3.8%
Genoa
In March, a decline of -6.1%, with a sharp contraction of -15.0% in containerized cargoes
Federconsumatori is calling on the government to take measures to mitigate the impact of the rising ferry ticket prices.
Rome
Price increases are at +18% for the central weeks of August
In the first quarter of this year, cargo traffic in Croatian ports grew by 14.6%.
Zagreb
Monthly record in March
Successful trial of HVO diesel fuel for cruise ship propulsion
San Donato Milanese
Experiment conducted jointly by Eni and MSC Cruises
Gioia Tauro takes second place in the ranking of the main Italian ports, overtaking Genoa
Rome
Fincantieri records a decline in revenues and new orders
Rome
The group's backlog reached a record value of 74.2 billion euros
The president of Angopi receives the first professional certificate of competence as a mooring man.
Savona
The certificate must be renewed every five years.
Fincantieri has delivered the new cruise ship Mein Schiff Flow to TUI Cruises.
Hamburg/Monfalcone
With a gross tonnage of approximately 160,000 tons, it has a capacity of approximately 4,000 passengers.
In the first three months of 2026, freight traffic in the port of Palermo decreased by -6.3%
Palermo
Traffic also decreased in the ports of Termini Imerese, Trapani, and Licata. Increases occurred in Porto Empedocle and Gela.
The Antitrust Authority has not given its final approval for the acquisition of Armas' assets and activities by Baleària.
Barcelona
Set a series of conditions
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
VARD to build a new generation fishing vessel
Trieste
It was ordered by the Norwegian company Rosund Drift
Concentration in the UK shipbuilding sector
London
Baleana buys APCL Group (A&P Tyne, Cammell Laird and A&P Falmouth and Falmouth Docks and Engineering)
Royal Caribbean has taken delivery of its new Legend of the Seas cruise ship.
Miami
Built by Meyer Turku, it can accommodate 5,610 passengers
Informal hearings of trade union representatives on port governance reform
Rome
At the heart of the critical issues highlighted - confirms Filt-Cgil - is the planned establishment of Porti d'Italia Spa
Venice, the DPSS confirms the need to build new offshore terminals outside the lagoon.
Venice
The Strategic System Programming Document has been approved by the AdSP Management Committee
The Spinelli Group has joined the Italian Association of Port Terminal Operators
Genoa
The company and Assiterminal expressed satisfaction with the resumption of an important association
In the first three months of 2026, freight traffic at UK ports fell by -2.6%
London
More significant decrease (-6.8%) in boarding loads
Mark Hindley is the new president of the European Motor Vehicle Logistics Association
Istanbul
Wolfgang Göbel was elected honorary president
At the Port of Genoa, a tugboat was stopped for irregularities in nitrogen oxide emissions.
Genoa
The vessel is used for the construction works of the new breakwater
In April, freight traffic in the port of Ravenna grew by +21.4%
Ravenna
An increase of +2.5% is expected in May
Sallaum Lines to launch dedicated China-Europe service in 2027
Nanjing
Two new 7,400 CEU PCTCs taken delivery
On June 12th in Naples, an initiative by Filt Cgil on governance in the port sector
Rome
Naval drone found in Romanian port of Constanta
Bucharest
The device self-destructed without causing any casualties.
HJSC receives approval in principle for the construction of a 10,000 TEU biofuel containership.
Athens
It was released from the Korean Naval Register
Global Ship Lease invests $917 million to purchase ten new container ships
Athens
They will be delivered between the fourth quarter of 2028 and the first quarter of 2030.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
WASS (Fincantieri) and Magellan Agreement on Canada's Underwater Defense
Trieste
Industrial cooperation opportunities in the field of heavy torpedoes and countermeasures will be explored
Solutions to overcome the chronic staff shortage in the Italian maritime sector
Procida
Pagano (Maritime Labor Committee): Digitalization, simplification, and cooperation between training and businesses to overcome the crisis
Maritime training agreement signed by Gente di Mare (Cosulich) and Carnival
Genoa
Di Tizio: This collaboration allows us to bring an international project to the territory
Antipollution (V.Group) orders four eco-friendly vessels from ONEX Shipyards & Technologies
Athens
Option for four additional units
Spinelli has ordered three new handling vehicles from FTMH
Genoa
A reach stacker for empty containers has already entered service in the group's Livorno depot
Luigi Merlo to lead MSC Cruises' Italian cruise terminal company
Geneva
Centrone (formerly Fincantieri) takes over as Director of Maritime Policies and Government Affairs for the group in Italy
Greece's Skaramangas Shipyards and South Korea's HD Hyundai sign cooperation agreement
Athens
The aim is to collaborate in the construction of surface military vessels
AD Ports buys the Brazilian Corredor Logística e Infraestrutura
Sao Paulo/Abu Dhabi
The company handles the largest volume of agri-food bulk exports in the South American nation
The 2026-2028 Three-Year Operational Plan of the Northern Tyrrhenian Port Authority has been approved.
Livorno
Unanimous approval from the Management Committee
Chen Lichtenstein appointed president and CEO of ZIM
Haifa
He will replace the resigning Eli Glickman.
Gianluca Croce has been confirmed as president of Assagenti Genova.
Genoa
The members of the association's board for the two-year period 2026-2028
The Mega Serena ferry has joined the Corsica Sardinia Ferries fleet.
Vado Ligure
It has a capacity of up to 2,000 passengers and over 600 vehicles.
The first steel cutting of the Crystal Grace cruise ship took place in Marghera.
Miami
Fincantieri will deliver the vessel in spring 2028
Palumbo Superyacht awarded 13,048 square meters of mooring space to the Port of Ortona.
Ancona
Central Adriatic Port Authority, guidelines for issuing the single ZES authorization
Port of Livorno: Two new FHP MarterNeri warehouses inaugurated
Livorno
Investment exceeding 23 million euros
The Committee of the Central Northern Tyrrhenian Sea Port Authority has decided to close the institution's state of crisis.
Civitavecchia
New solution for exceptional transport on intermodal trains from FS Logistix and Van der Vlist
Verona
Two aerial platforms transported from Verona to Rostock
Port of Naples: Fire aboard GNV's Phoenix ferry
Naples
Flames broke out in the internal areas of deck 6 of the ship
Latrofa has chosen a trusted individual to lead an in-house company within the Lazio Port Authority.
Civitavecchia
The new sole director - he underlined - has been provided with particularly stringent management guidelines
In the first three months of 2026, MPC Container Ships' revenues decreased by -6.4%.
Oslo
Quarterly net income of $40.8 million (-31.8%)
The 2026-2028 Three-Year Operational Plan of the Sardinian Port Authority has been approved.
Olbia
Green light from the Management Committee
The environmental assessment process for the San Antonio Outer Harbor project has been completed.
Saint Anthony
The Viking Mira cruise ship was delivered at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
It has a gross tonnage of 54,300 tons and a capacity of 998 passengers.
In 2025, RINA recorded revenues of over one billion euros (+11%)
Genoa
Net profit up 30%
The new railway bridge has been installed at the Port of Marina di Carrara.
Marina di Carrara
Pisano: A turning point in the port's logistics organization.
Ports, freight terminals, and corridors. Venice and the Upper Adriatic as a gateway to the East.
Venice
This is the theme of the event that will be held on Thursday in Venice
Estonian State Fleet orders electric-powered ferry from Polish shipyard Crist
Tallinn
Contract worth 49.93 million euros
In April, Spanish ports handled 1.7 million containers (+1.7%)
Madrid
Cruise passengers down by -18.4%
Container traffic in the port of Valencia decreased by 2.5% in April
Valencia
In the first four months of 2026, almost 1.8 million TEUs were handled (+0.2%)
Global Ship Lease posts record quarterly revenues again
Athens
Net profit down 24.0%
International cooperation between the Sardinian Port Authority and the Port of Tangier Ville for luxury yachting
Cagliari
Promotion of an integrated nautical circuit between Sardinia and Morocco
The new first aid medical center has been inaugurated in the port of Gioia Tauro
Gioia Tauro
Among the facilities, a first aid clinic and a CMR ambulance
BPER provides financing to Grimaldi Euromed for fleet modernization.
Milan/Naples
Resources used to partially cover the purchase of the ship "Grande Manila"
ASRY and Priya Blue establish ship recycling yard in Bahrain
Al Muharraq/Alang
First ship destined for dismantling has arrived in the Middle Eastern nation
SAAM Towage orders five new tugboats from Turkish shipyard Sanmar Shipyard
Santiago
They will have a pulling capacity of between 70 and 80 tons
Container traffic at the Port of Long Beach dropped 5.7% last month.
Long Beach/Singapore/Hong Kong
In Singapore, growth of +3.6% was recorded, while in Hong Kong containers decreased by -6.3%.
Carta (Fermerci): Urgent policies are needed to support railway companies.
Rome
In 2025, rail cargo lost approximately 3.5%, in terms of trains/km
Fratelli Neri orders two more new tugboats in Egypt
Ismailia
Contract with the Suez Canal Company for Modern Boats
Container traffic in the port of Barcelona grew by 17.4% in April.
Barcelona/Algeciras
Algeciras port increases by 6.3%.
The Islamabad government has approved the sale of a 30% stake in the Pakistan National Shipping Corporation.
Islamabad
The share will go to the state logistics company NLC which will also assume management control of PNSC
In 2025, the Spanish port system recorded record revenues
Madrid
Pre-tax profit was 349 million euros (+4.2%)
Leapmotor International strengthens its partnership with the Neapolitan Grimaldi shipping group.
Hoofddorp
In the first quarter, approximately 20,000 units were transported from China to the Italian market.
Cruise traffic in German ports reached a new record last year
Wiesbaden
With 1.51 million passengers, growth was +4.1%.
Federazione del Mare joins the celebrations for the International Day for Women in Maritime 2026.
Rome
Mattioli: The maritime economy is losing opportunities and potential.
After years of sustained growth, short sea shipping in Spain has entered a phase of structural slowdown
Madrid
This is what the latest report from the Observatorio Estadístico del Transporte Marítimo de Corta Distancia reveals.
AD Ports to buy German freight forwarder MBS Logistics
Colony
The company has over 450 employees and 26 offices worldwide.
The Spinelli Group has joined the Sustainable Intermodal Logistics Association
Genoa/Rome
Summary: ALIS can offer our ecosystem strategic added value
$200 million investment to build and equip the new multipurpose terminal at Pointe-Noire
Brazzaville/Abu Dhabi
Ordered three ship-to-shore cranes from ZPMC
Evergreen confirms purchase of five new 24,000 TEU containerships
Taipei
They will be built by the Chinese shipyard Guangzhou Shipyard International
Korea will launch an Asia-Europe containerized shipping service on the Arctic route in the coming months
Busan
The tender concluded with the preliminary selection of the PanStar company.
The Maritime Union has raised new alarm over the fate of former ILVA ships.
Verona
Their possible demolition puts 240 maritime jobs at risk
In the period January-March, freight traffic in the port of Koper decreased by -3.9%
Ljubljana
In the container sector, 2.4 million tons were handled (-1.7%)
Last chance to recognize some port jobs as strenuous and to establish a pension fund
Genoa
Siemens to acquire Italian MERMEC business
Monk
The transaction will include the Ferrosud rolling stock production plant in Matera
Growth in intermodal traffic at the Nola interport
Nola/Milan
Economic and financial analysis by the Fedespedi Research Center on freight terminal management companies
Quarterly decline in goods handled by Montenegro's ports
Podgorica
The increase in cargo volumes to and from Italian ports continues, albeit at a slower pace.
Assarmatori denounces the exclusion of maritime transport from the Fuel Decree-Law II.
Rome
Messina: The sector cannot be expected to absorb the impact of fuel price increases alone.
HHLA records a -5.3% decline in containers handled in the first quarter
Hamburg
Eijsink: An unusually harsh winter has significantly limited our daily operations
MSC Technology Italy launches a plan to hire 200 new people.
Turin/Geneva
MSC Cruises debuts in the Alaska market
The Marche Region has approved Carloni's appointment as president of the Central Adriatic Port Authority.
Ancona
Awaiting the opinion of the Abruzzo Regional Council
Greek company Danaos Corporation's quarterly revenues remain stable.
Athens
Two ships of the company are still blocked in the Persian Gulf
Container traffic at the Port of Los Angeles increased by 5.7% in April.
Los Angeles/Port Newark
In the first three months of 2026, the Port of New York handled nearly 2.2 million TEUs (-1.2%)
Cognolato was confirmed as president of Assiterminal
Rome
The new presidency committee and board of directors were also elected
In the first quarter of 2026, freight traffic in the port of Ravenna increased by +0.8%
Ravenna
The growth was driven by the entry into operation of the regasification plant
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
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
On June 12th in Naples, an initiative by Filt Cgil on governance in the port sector
Rome
Comparison on the logistical, industrial and infrastructural development of ports
››› Meetings File
PRESS REVIEW
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
MSC introduces calls at Naples and Malaga on its Dragon service
Geneva
Calls at the Gioia Tauro port have been cancelled.
The National Maritime Fund's board has been renewed.
Genoa
He will remain in office for three years
Network contract for the joint development of intermodal services in Emilia-Romagna
Bologna
It was signed by Interporto Bologna, Dinazzano Po S, SAPIR and Rail Traction Company
Messina (Assarmatori): European technocracy appears inflexible on the EU ETS
Brussels
He underlines that a significant improvement of these policies is necessary.
d'Amico International Shipping's first quarter results are positive.
Luxembourg
The company benefited from the effects of geopolitical tensions
Two orientation events in Livorno and Naples to present the ITS Purser course.
Genoa
Meetings scheduled by the Italian Merchant Marine Academy with the Grimaldi Group
The bow section of the Explora V was launched in Palermo
Geneva
Fincantieri will deliver the cruise ship to Explora Journeys in 2027
The president of the Eastern Adriatic Port Authority is the new president of Trieste Passenger Terminal.
Trieste
He takes over from Gianluca Madriz
Port of Olbia: Seabed restoration work has begun in the access channel to Isola Bianca.
Cagliari
The aim is to safely allow large cruise ships to enter
Damen to renovate and operate Dakar ship repair yard
Dakar/Gorinchem
20-year contract with the Société des Infrastructures de Réparation Navale
Savino Del Bene has acquired three companies of the Spanish Grupo Marítima Sureste
Florence/Valencia
The agreement involves Marítima Sureste Shipping, Marítima Sureste Spain and Transportes Gaypemar
Fim-Cisl, the meeting with Fincantieri regarding the Muggiano shipyard's prospects was positive.
La Spezia
The investments announced by management - the union noted - are going in the right direction.
Rising energy costs weigh on Finnlines' latest quarterly financial statement.
Helsinki
Doepel: Burdens further increased by EU ETS implementation
Marabello is the new secretary general of the Strait of Messina Port Authority.
Messina
The assignment lasts four years
Heavy lift vessel HMM Namu hit near the Strait of Hormuz
Seoul
The accident did not cause any casualties.
DFDS's quarterly financial performance deteriorates
Copenhagen
The fleet's rolling stock is growing. Passenger numbers are down 18%.
From May 21st to 23rd, Ravenna will host "Deportibus - The Festival of Ports Connecting the World."
Ravenna
Kalmar records quarterly decline in new orders
Helsinki
In the January-March period, revenues increased by +5%
Job openings are growing for the port companies of Trieste and Monfalcone.
Trieste
Delivery of a recognition plaque
In the first quarter of 2026, Costamare's revenues decreased by -5.3%
Monk
Orders confirmed for 12 new 9,200 TEU vessels and four 3,100 TEU vessels
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