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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
SHIPPING
Greek Shipowners' Association urges EU to take measures to protect ships and crews
Piraeus
Travlos: Maritime transport is not a battlefield and should not be used as a means of political pressure
CRUISES
Call for expressions of interest for the refurbishment and management of the cruise terminal at the Port of Gibraltar
Gibraltar
Applicants must be willing to fully finance the work
In 2025, acts of piracy against ships increased by +18%
PIRACY
In 2025, acts of piracy against ships increased by +18%
Kuala Lumpur
A 43% decrease in accidents was recorded in the last quarter
FREIGHT TERMINALS
InRail to manage the Interporto Pordenone intermodal terminal for a year
Pordenone
Temporary solution in view of the establishment of a public-private company
SHIPYARDS
Turkey's Kuzey Star Shipyard to Build Shipyard in Syria's Tartous Port
Damascus
An investment of at least $190 million over five years is expected
PORTS
In 2025, cargo traffic in Ukrainian ports decreased by -15%
Kiev
Container traffic grows by 66%
PORTS
Container traffic in the port of Hong Kong decreased by 5.7% last year.
Hong Kong
In the fourth quarter alone the decline was -8.0%
PORTS
In 2025, PSA's port terminals handled record container traffic
Singapore
New peaks in volumes handled in Singapore and the group's overseas terminals
PORTS
Chinese CMPort's port terminals handled record container traffic last year
Hong Kong
The total was 151.5 million TEUs, an increase of +4.0% over 2024.
SHIPPING
COSCO orders 12 new 18,000-TEU and six 3,000-TEU containerships
Hong Kong
Jiangnan Shipyard, China Shipbuilding Trading, and COSCO Shipping Heavy Industry win $2.7 billion in orders.
PORTS
The port of Trieste closed 2025 with a 0.7% growth in freight traffic thanks to the increase in crude oil prices.
Trieste
The port of Gioia Tauro has once again set its container traffic record
PORTS
The port of Gioia Tauro has once again set its container traffic record
Gioia Tauro
In 2025, the previous peak recorded the previous year will increase by +14%.
Port of Singapore sets new all-time container throughput record
PORTS
Port of Singapore sets new all-time container throughput record
Singapore
The port confirms its position as the world's second largest container port
PORTS
The volume of cargo traffic in the port of Koper will remain unchanged in 2025.
Koper
Increase in containers and rolling stock. Decline in other types of cargo.
SHIPPING
Taiwan's Evergreen, Yang Ming and WHL close 2025 with double-digit revenue declines
Taipei/Keelung
PIRACY
In 2025, piracy attacks against ships in Asia increased by +23%
Singapore
The severity of accidents has decreased
PORTS
The Democratic Party accuses the government of blocking investments in ports and placing the Port System Authorities under special administration.
Rome/Genoa
COMPANIES
Nova Marine Carriers, Bolten and Ership have acquired full control of VCK Port Logistics.
Lugano
Amsterdam has developed its only covered terminal capable of operating in all weather conditions.
SHIPPING
In the fourth quarter of 2025, revenues generated by OOCL's containership fleet decreased by -17.2%.
Hong Kong
Transported volumes increased by +0.8%
TKMS submits non-binding offer to buy German Naval Yards
SHIPYARDS
TKMS submits non-binding offer to buy German Naval Yards
Kiel
The Kiel-based company builds naval vessels and luxury yachts
NEWS
Over two tons of cocaine seized in the port of Genoa
Genoa
Once placed on the market, the drug would have earned criminal organizations around 1.5 billion euros.
COMPANIES
Seatrade acquires strategic stake in JR Shipping
Harlingen
The Dutch company will continue to operate as an independent and autonomous organisation
In 2025, Ningbo-Zhoushan confirmed its position as the world's leading port in terms of total cargo traffic.
PORTS
In 2025, Ningbo-Zhoushan confirmed its position as the world's leading port in terms of total cargo traffic.
Ningbo
Over 1.4 billion tons of cargo were moved. Approximately 43 million containers were transported.
PORTS
In 2025 the port of Ravenna recorded its new historical record for annual freight traffic
Ravenna
Never-before-seen volume of cargo handled in the fourth quarter alone
PORTS
The Sardinian Port Authority relies on the Financial Times' AI-based consultancy to understand which strategies, projects, and infrastructures to implement.
Cagliari
Direct award of an estimated value of 140,000 euros
PORTS
The disposal of sediment from dredging in the port of La Spezia at the new breakwater in Genoa has been approved.
La Spezia
Approval has been granted for the transfer of 282,000 cubic meters to be carried out during 2026.
SHIPPING
In November, ship traffic in the Suez Canal increased by +16.0%
Cairo
In the first eleven months of 2025, 11,620 ships passed through (-4.8%)
PORTS
ABB to build shore power systems at three container terminals in the Port of Rotterdam
Rotterdam/Zurich
They will be able to recharge up to 32 container ships simultaneously
Cargo traffic in Chinese seaports grew by 5.8% last month.
PORTS
Cargo traffic in Chinese seaports grew by 5.8% last month.
Beijing
Foreign cargoes increased by 8.2%. Containers increased by 8.9%.
TRUCKING
Freewheeling, the increase in highway tolls certifies the failure of the government and Minister Salvini's road haulage policies.
Modena
Franchini: First excise duties, now tolls; a double blow that directly affects small businesses.
TRUCKING
Trasportounito attributes responsibility for the increases in motorway tolls to the Constitutional Court and the ART
Genoa/Rome
Casu and Simiani (PD): But is it the judges' fault if Salvini can't be a minister?
COMPANIES
Xtera Topco will be acquired by a joint venture owned by Prysmian (80%) and Fincantieri (20%)
Milan/Trieste
The transaction involves an enterprise value of $65 million
NEWS
China launches drill to test cutting Taiwan's maritime links
Beijing
Maneuvers near the main port areas
PORTS
In October, freight traffic in the ports of Genoa and Savona-Vado decreased by -1.8%
Genoa
In the first ten months of 2025, 52.9 million tonnes were handled (-1.0%)
ASSOCIATIONS
On January 1st, the presidency of the UIRR will be assumed by Jürgen Albersmann
Brussels
He is vice president and CEO of Contargo
A Maersk Line ship has returned to transit the Suez Canal
SHIPPING
A Maersk Line ship has returned to transit the Suez Canal
Ismailia
Rabie: Normal traffic levels will be reached in the region in the second half of 2026
Hanseatic Global Terminals acquires 50% stake in company developing new Brazilian port of Imetame
PORTS
Hanseatic Global Terminals acquires 50% stake in company developing new Brazilian port of Imetame
Hamburg
A container terminal will be built and will become operational in mid-2028
PORTS
In the third quarter, freight traffic in the port of Civitavecchia decreased by -3.0%
Civitavecchia
Bulk cargo decreased and rolling cargo increased. Volumes increased at the ports of Fiumicino and Gaeta.
SHIPPING
ZIM's board of directors rejects a second offer to buy the company presented by Glickman and Ungar
Haifa
The board of directors is evaluating other proposals
PORTS
The government has approved the draft bill on port governance.
Rome
At the heart of the new structure is the creation of Porti d'Italia Spa
SHIPPING
FMC raises possibility of closing US ports to Spanish ships
Washington
The American agency announces the continuation of the investigation into the US ships that Madrid has denied access to its ports.
CRUISES
Global Ports Holding and Ocean Platform Marinas to build new cruise terminal at the Port of Seville
Seville/London
The concession contract will have a duration of 25 years
Africa Global Logistics to design and build three docks at Tanzania's new Bagamoyo port
PORTS
Africa Global Logistics to design and build three docks at Tanzania's new Bagamoyo port
Dar es Salaam
The MSC Group company has signed an agreement with the Tanzania Ports Authority
ASSOCIATIONS
Roberto Petri is the new president of the Italian Ports Association.
Rome
Very close to the Brothers of Italy, he worked in the banking sector and was a member of the boards of directors of publicly owned companies.
PORTS
The level of connection of Italian ports to the network of containerized maritime routes is growing
Geneva
The only exception was Trieste, which recorded a decrease of -12.3%.
Carnival Corporation Says 2025 Was Its Best Year Ever
CRUISES
Carnival Corporation Says 2025 Was Its Best Year Ever
Miami
Reintroduction of dividend distribution announced
T&E: European e-fuel production projects insufficient for shipping decarbonization
SHIPPING
T&E: European e-fuel production projects insufficient for shipping decarbonization
Brussels
It is likely that European targets will be met with imported fuels, or not at all.
PORTS
Porto Marghera inaugurates a new single-section underground pipeline for the transport of vegetable oils.
Venice
At 3.1 kilometers, it is the longest in Italy and among the top five in Europe.
FREIGHT TERMINALS
PSA Intermodal Italy and Logtainer to manage the Intermodal Terminal at Interporto Padova
Padua
A financial offer of 75 million euros was presented
Sea-Intelligence: By 2025, the container ship deployment model will have radically changed.
SHIPPING
Sea-Intelligence: By 2025, the container ship deployment model will have radically changed.
Copenhagen
Vessels are frequently replaced to accommodate short-term fluctuations in demand and to manage operational disruptions
ASSOCIATIONS
Finnish Mikki Koskinen is the new president of European Shipowners - ECSA
Brussels
He will take over from Karin Orsel on January 1st.
SHIPPING
Premier Alliance's Asia-Northern Europe services will be based on a hub-and-spoke model
Seoul
Drastic reduction in the number of stopovers on some routes
RAILWAY TRANSPORT
Work has begun in Switzerland to build a four-meter rail corridor for freight transport from France.
Bern
Construction site completion at the end of 2029
PORTS
In the third quarter, freight traffic in French ports grew by +6.9%
La Defense
Increase driven by rising bulk cargo. Miscellaneous cargo remained stable.
SHIPYARDS
Fincantieri plans to double the production capacity of its Italian shipyards in the defense segment
Trieste
Revenues expected to increase by 40% over the next five years
SHIPPING
WHL orders CSSC Huangpu Wenchong Shipbuilding Co. to build six dual-fuel LNG containerships
Taipei
Charter of three additional vessels
PORTS
The Spanish observatory on the EU ETS notes an unusual increase in container traffic in neighbouring non-European ports
Madrid
Growing activity in ports such as those in the UK, Egypt and Turkey
PORTS
Marsa Maroc to acquire 45% of Spain's Boluda Maritime Terminals
Casablanca/Valencia
Investment worth 80 million euros
COMPANIES
Investment firm BC Partners to acquire majority stake in Fortidia
Milan
The company operates through multiple franchise brands, including Mail Boxes Etc. and PostNet
SHIPPING
MPC Container Ships orders six 3,700 TEU containerships
Oslo
Taizhou Sanfu Ship Engineering wins $292.5 million contract
LOGISTICS
Ownership of the Fagioli group will pass to CEVA Logistics
Milan
The Sant'Ilario D'Enza group specializes in the project logistics sector
MSC Cruises orders Meyer Werft to build four cruise ships with options for two more
CRUISES
MSC Cruises orders Meyer Werft to build four cruise ships with options for two more
Berlin
Orders for a total value of up to ten billion euros
PORTS
AD Ports submits a bid to acquire control of Egypt's Alexandria Container & Cargo Handling Co.
Cairo/Abu Dhabi
An investment of at least 435 million dollars is expected
SHIPPING
The number of calls at Italian ports in the Premier Alliance network for 2026 is increasing.
Seoul/Singapore/Keelung
Three calls in Genoa, two in La Spezia, and two in Gioia Tauro. The Asia-Europe services will continue to circumnavigate Africa.
ASSOCIATIONS
Stefano Messina is heading for a new term as president of Assarmatori.
Rome
The renewal of the association's positions for the four-year period 2026-2030 is scheduled for next month.
SHIPPING
Hapag-Lloyd orders CIMC Raffles to build eight 4,500-TEU containerships
Hamburg
Long-term charter of 14 container ships with capacities ranging from 1,800 to 4,500 TEUs
SHIPYARDS
Hanwha raises its stake in Austal from 9.9% to 19.9%
Henderson
The South Korean group has become the reference shareholder of the Australian company
COMPANIES
Maersk Group changes several top positions in the company
Copenhagen
New CFO and appointment of new regional managers
PORTS
In the first half of the year, Italian ports recorded growth in containers and dry bulk cargo
Rome
Rolling stock and liquid bulk volumes decreased. "Port Infographics" by Assoporti-SRM
COMPANIES
Snam will acquire 48.2% of Igneo Infrastructure Partners in OLT - Offshore LNG Toscana
London/San Donato Milanese
Operation worth approximately 126 million euros
TRANSPORTATION
The first "Decade of Sustainable Transport" established by the UN will begin on January 1st.
New York
Kramek (WSC): Effective global regulation of greenhouse gas emissions at IMO is vital for shipping
PORTS
EU investigation into joint control of Spanish company Tercat by TiL (MSC Group) and Hutchison Ports
Brussels
The company manages the BEST terminal at the port of Barcelona
PORTS
In the third quarter, freight traffic in the ports of Naples and Salerno recorded increases of +0.5% and +2.5%
Naples
PORTS
ESPO urges MEPs to endorse report on military mobility
Brussels
Ryckbost: Clearly recognizes the strategic role of ports
PORTS
From January 1st ICTSI will manage Durban Container Terminal 2 at the Port of Durban
Durban
Traffic capacity will be increased from two to 2.8 million TEUs
SHIPPING
The ZIM Board of Directors confirms that it has received multiple expressions of interest in purchasing the company, including one of a strategic nature.
In the third quarter, freight traffic in the port of Bremen/Bremerhaven grew by +5.7%
PORTS
In the third quarter, freight traffic in the port of Bremen/Bremerhaven grew by +5.7%
Bremen
Significant increase in general cargo. Bulk cargo declines.
CSSC and COSCO sign cooperation agreement for the construction of 87 ships
SHIPYARDS
CSSC and COSCO sign cooperation agreement for the construction of 87 ships
Beijing
Project worth approximately 7.1 billion dollars under China's 15th Five-Year Plan
SHIPPING
Last October, maritime traffic in the Suez Canal decreased by -0.7%
Cairo
Tanker transits increased by 9.6%. Other vessel types declined by 6.5%.
SHIPYARDS
HD Hyundai to build shipyard in Indian state of Tamil Nadu
Seongnam
An agreement was also signed with BEML for the construction of marine and port cranes in India.
SHIPPING
Shipowners call for suspending the application of the EU ETS to the maritime sector.
Brussels
Messina speaks of the ideological shortsightedness of a part of the Commission that relies on partial and imprecise market monitoring
PORTS
Federlogistica expresses concern over the proposed Genoese tax on maritime passengers.
Genoa
Concerns for the overall balance of the national port ecosystem and for the operational choices of shipowners
SHIPYARDS
SEA Europe disappointed by the failure to recognize the maritime manufacturing industry as a strategic sector for the EU
PORTS
Port of Palermo: Administrative violations amounting to one million euros related to boating and concessions
Palermo
Over 265 vessels used for rental purposes without mandatory insurance were identified.
MARINAS
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
OFFSHORE
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
LOGISTICS
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
PORTS
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
SHIPPING
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
COMPANIES
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
SHIPPING
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
SHIPPING
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
SHIPPING
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
INDUSTRY
De Wave Group has acquired French company DL Services.
Genoa
The company specializes in the design of industrial kitchens and the supply of technical components and spare parts on board
SHIPPING
CMA CGM's TUX transatlantic service will call at the port of Salerno
Marseille
The line connects Turkey with the East Coast of the USA
INTERMODAL TRANSPORT
New intermodal connections between Northern Italy and Belgium by GTS Rail and CargoBeamer
Bari/Leipzig
Activated on the Padua-Zeebrugge and Liège-Domodossola lines
PORTS
Cruise traffic in the port of Piraeus increased by +9% last year
Piraeus
Approximately 1.85 million passengers moved
PORTS
In 2025, cruise traffic in the port of Genoa grew by +6.5%
Genoa
Ferry passengers down 3.6%
SHIPPING
Grimaldi took delivery of the PCTC Grande Manila
Naples
The vessel has a total capacity of 9,241 CEUs.
CRUISES
Expedition cruise ship Exploris One to be auctioned off
Nantes
It has a capacity of 144 passengers and 102 crew members.
COMPANIES
SeaCube Container Leasing has acquired Martin Container.
Montvale
The company specializes in the refrigerated container segment
LOGISTICS
Pisano: The Simplified Logistics Zone has great strategic importance for the port of La Spezia.
La Spezia
PORTS
RINA and HPC launch project to promote green ports in the Caspian region
Genoa
Five-year contract with the OSCE
SHIPYARDS
Vard to build four Multi-Purpose Robotic Vessels for Ocean Infinity
Trieste
The contract has a total value of over 200 million euros
PORTS
Hanseatic Global Terminals will become sole owner of Florida International Terminal
Rotterdam
INFORMATION TECHNOLOGY
The transportation sector enters a turning point with the adoption of artificial intelligence
Ulm
However, most companies are still in the early stages of this process.
MEETINGS
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
PORTS
Work completed to widen the access channel to the port of Livorno.
Livorno
The width between the two banks will be increased from 70 to 120 meters
OFFSHORE
Nexans sets a record for the depth of laying a high-voltage submarine cable on the Tyrrhenian Link
Paris
Installation at -2,150 meters
PORTS
Funds for Spanish ports to adapt to the use of wind energy and other marine renewable energy sources
Madrid
Program with a total value of 212 million euros
INDUSTRY
CMD - Costruzioni Motori Diesel returns to wholly Italian ownership
Atella
Giorgio and Mariano Negri have acquired 67% of the capital held by the Chinese Loncin Motor Co.
FINANCING
Intesa Sanpaolo is financing the construction of three PCTCs for Grimaldi Euromed.
Milan
The new ships will be delivered later this year
LOGISTICS
Medlog acquires Australian intermodal operations of Seaway
Fremantle
The transaction will be completed within the first quarter of this year.
SAFETY & SECURITY
MIT has updated cybersecurity measures for national ships, ports and port facilities
Rome
A circular has been published which, among other things, introduces staff training
COMPANIES
V.Group has bought the Danish company Njord
London
The company offers the shipping industry solutions for energy efficiency and decarbonisation
ACCIDENTS
Fire aboard the Majestic ferry in the Port of Genoa
Genoa
The flames were extinguished by the intervention of the on-board fire brigade and did not cause any injuries.
COMPANIES
COSCO to acquire control of German logistics company Zippel
Hamburg
Agreement to acquire 80% of its capital
PORTS
Colombo Port Sets New Annual Container Traffic Record
Columbus
Sri Lanka Ports Authority signs agreement with French shipping group CMA CGM
COMPANIES
Viasat to exit British company Navarino's capital
London
ICG to support the Tsikopoulos brothers in reinvesting in the company
SHIPPING
The Palau government ensures the full operation of the Naval Registry
Koror
Moses (BMT): Services continue to be provided in accordance with international procedures and standards
RAILWAY TRANSPORT
In the first nine months of 2025, freight transported on the Austrian rail network increased by +1.4%
Vienna
Growth of +4.9% was recorded in the third quarter alone
OFFSHORE
Saipem wins $425 million offshore contract to develop the Sakarya gas field.
FREIGHT TERMINALS
The decree for the distribution of PNRR resources to interports has been signed.
Rome
The disbursement of 1.9 million euros is expected
SHIPPING
Messina, a Genoese company, launches a new service to Algeria.
Genoa
The rotation touches the ports of Fos, Genoa, Barcelona, Algiers, Fos
RAILWAY TRANSPORT
FS Logistix is the first company in Europe to certify its carbon footprint for freight transport.
Rome
The FS group company has obtained ISO 14067 certification
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
DEFENCE
WASS (Fincantieri Group) wins torpedo supply contract for Indian Navy
Trieste
Contract with a total value of over 200 million euros
INTERMODAL TRANSPORT
FHP Intermodal will become operational on January 1st
Milan
FHP Group completes the integration process between its subsidiaries CFI Intermodal and Lotras
ACCIDENTS
The Coral Adventurer cruise ship ran aground in Papua New Guinea.
Port Moresby
No harm to people on board
SHIPPING
d'Amico International Shipping orders two new MR1 product tankers from Guangzhou Shipyard International.
PORTS
Port of Gioia Tauro: Anchorage fee reduction approved again
Gioia Tauro
A total sum of 1.5 million euros has been allocated
LAW
The Council of State has confirmed the legitimacy of the tender for the new Ravano Pier in La Spezia.
Rome/La Spezia
The TAR ruling for Liguria has been confirmed.
INTERMODAL TRANSPORT
Hupac will launch a new shuttle train service between Duisburg and Novara.
Noise
Schedule six rotations per week
PORTS
Ferry docking slots for Piombino and Elba Island in 2026 have been assigned.
Livorno
PORTS
Project financing process for the first hydrogen production plant in the port of La Spezia
La Spezia
Project to provide "mobile" supplies to vehicles such as locomotives and boats
CEREMONIES
The new hydrofoil terminal at the port of Messina will be named after a victim of femicide.
Messina
The initiative to remember Omayma Benghaloum
PORTS
Three new e-RTG yard cranes have arrived at the PSA Venice-Vecon terminal
Venice
Investment of 8.5 million euros
SHIPYARDS
Fincantieri delivers second multipurpose combat ship to the Indonesian Navy
Trieste
Ceremony at the Muggiano shipyard
SHIPPING
In June the Grendi group will equip itself with a fifth ro-ro vessel
Genoa
It will have a load capacity of 3,000 linear meters
JOBS
The employment contract renewal for transport and logistics company managers has been signed.
Rome
Signed today by Manageritalia and Confetra
RAILWAY TRANSPORT
Brussels has approved the loan to rescue the rail freight company Lineas.
Brussels
Sixty-one million euros granted by the Belgian government
RAILWAY TRANSPORT
Green Mobility Partners and KKR Partner to Create European Rail Leasing Platform
Frankfurt
American company invests in GMP
OFFSHORE
Saipem wins offshore EPCI contract in Qatar
Milan
The contract is worth approximately $3.1 billion.
INDUSTRY
Wärtsilä sells its Gas Solutions division to German private equity firm Mutares.
Helsinki/Munich
Bank of China finances purchase of Grimaldi Euromed's Grande Melbourne
Amount of 57 million euros
COMPANIES
GeneSYS Informatica (Fratelli Cosulich) has acquired 51% of the capital of Navimeteo
SHIPYARDS
KSOE wins $466 million order for four container ships
Lysaker/Seongnam
NYK and Ocean Yield Award Order for Four New LNG Carriers
SHIPPING
ONE's Adriatic Service 1 will also make stops at the port of Ancona
Singapore
The line to Damietta has a weekly frequency
PORTS
Consolidation work on the Riva quay at the port of Ortona has been completed.
Ancona
Thirteen million is the cost for the adaptation of the infrastructure
PROGRESS AND TECHNOLOGY
Vard has signed a cooperation agreement with the Norwegian research institute Norce
Ålesund
It concerns all fields of research and innovation in the naval sector
ASSOCIATIONS
Energy transition, regulatory simplification, competitiveness of the maritime industry, and port governance are Confitarma's priorities.
Rome
TRUCKING
Federlogistica reports the project cargo's inability to travel on Northwest highways.
Genoa
Falteri: We are facing a real systemic crisis.
COMPANIES
ZIM shareholders reach agreement again
Haifa
Agreement reached on candidates for the renewal of the board of directors
COMPANIES
Merger by incorporation of Degrosolutions into CLS
Milan
Castelli: We aim to strengthen our growth path in the Italian forklift market.
PORTS
Approval has been given to measures to support the re-employment of workers at the Pippo Rebagliati Company in Savona-Vado.
Genoa
Administrative proceedings for cold ironing at the cruise terminal in the port of Savona have begun.
ACCIDENTS
Assiterminal reports an assault on a worker at the Vado Gateway terminal.
Genoa
It is not tolerable - the association highlighted - that similar episodes occur
PORTS
The Management Committee of the Central-Northern Adriatic Sea Port Authority has been established.
Ravenna
It is composed of Francesco Benevolo, Luca Coffari, Tomaso Triossi and Maurizio Tattoli
INDUSTRY
Stonepeak (Textainer) Completes Acquisition of Seaco
Hamilton
It was sold by China's Bohai Leasing Co.
PORTS
In the second quarter of 2025, cargo traffic in Greek ports decreased by -3.9%.
Piraeus
Passengers increased by +0.9%
PORTS
AD Ports involved in container traffic development at Shuaiba Port
Abu Dhabi
Agreement with the Kuwait Ports Authority
SHIPPING
EU expands fight against Russian shadow fleet to include operators facilitating its deployment
Brussels
Five more people and four companies fined
PORTS
In November, the port of Barcelona handled 296,000 containers (+1.0%)
Barcelona
Import and export containers are increasing; transit containers are decreasing.
MOURNING
Paolo Spada, vice president of Federagenti, has passed away.
Rome
Pessina: He leaves an unfillable void in the entire Italian maritime community.
PORTS
Container traffic at the port of Hong Kong decreased by -12.0% in November
Hong Kong
In the first 11 months of 2025 the decline was -5.7%
COMPANIES
Rebranding for the Messina Group's activities
Genoa
Common graphic and lexical choice for all business areas
AWARDS
Emanuele Grimaldi has been appointed an honorary member of the National Order of Merit of Malta.
Naples
He is among the founders of the Malta International Shipowners' Association, of which he holds the position of vice-president.
PORTS
Six new 100% electric yard cranes have arrived at the PSA Genova Pra' terminal.
Genoa
Three more vehicles will be delivered to the PSA Venice-Vecon terminal at Christmas
PORTS
ICTSI to upgrade the Rio Brasil Terminal container terminal at the Port of Rio de Janeiro
Rio de Janeiro
Investment of approximately 175 million dollars
PORTS
In the first 11 months of 2025, the Port of Singapore handled over 40.7 million containers (+8.5%)
Singapore
Overall freight traffic decreased by -1.1%
INTERMODAL TRANSPORT
GTS increases the frequency of its intermodal connections between Bari and Verona and Piacenza and Nola.
Bari
The first will increase to six rotations; the second will become daily
PORTS
The Partnership Body for the Sea Resources of the Eastern Ligurian Sea Port Authority has been established.
La Spezia
Appointment by decree of President Pisano
AVIATION
Agreement between the Port Authority and the Chamber of Commerce to facilitate the entry of an industrial partner into Genoa Airport.
Genoa
It will be signed soon
ASSOCIATIONS
Paolo Guidi has been elected the new president of Assologistica.
Milan
The Vice Presidents are Sabrina De Filippis, Riccardo Fuochi, Agostino Gallozzi, Paolo Pandolfo, Umberto Ruggerone and Renzo Sartori.
NEWS
138 kilos of cocaine seized at the port of Civitavecchia.
Rome
Found inside an articulated lorry disembarked from a ship coming from Spain
PORTS
The decree has been signed for the disposal of dredged sediment from the port of La Spezia at the new breakwater in Genoa.
La Spezia
The transfer of 282,000 cubic meters is planned
SHIPPING
Greek CCEC has almost completed its exit from the containership segment
Athens
$814.3 million in proceeds from the sale of 14 full containers in 22 months
SHIPPING
GNV Virgo was christened in the port of Palermo
Genoa
GNV's fleet renewal program includes the construction of eight ships
PORTS
The Livorno Port Center celebrates a decade spent integrating the port and city reality
Livorno
Gariglio (AdSP): in recent years we have managed to create a community atmosphere
PORTS
Members of the Management Committee of the Northern Tyrrhenian Sea Port Authority have been appointed.
Livorno
The nomination of the member expressed by the Tuscany Region has not yet been received
PROGRESS AND TECHNOLOGY
Fincantieri and WSense reach agreement on underwater monitoring and communication technologies for maritime infrastructure.
Trieste/Milan
Among the objectives, safety, predictability and control in port activities
TRUCKING
The entry into force of the EU ETS for construction and road transport has been postponed to 2028.
Brussels/Rome
Confetra, the deferral allows for more rational planning of investments in fleet renewal
ENVIRONMENT
Costa Cruises is testing the use of electric trucks to supply ships in the ports of Genoa and Savona.
Genoa
Tests as part of the collaboration with LC3 Trasporti
ASSOCIATIONS
Collaboration agreement between ALIS and ANITA to promote the development of road haulage and logistics
Rome
Agreement also extended to the field of industrial relations
LAW
The Regional Administrative Court for Lazio has accepted Grimaldi's request to suspend the sale of the five Moby ships.
Rome
Appeal aimed at "preventing the consolidation of an irreversible anti-competitive structure"
SHIPYARDS
The launch of the ultra-luxury cruise ship Seven Seas Prestige was celebrated at the Marghera shipyard.
Trieste
It will be delivered next year to Regent Seven Seas Cruises
RAILWAY TRANSPORT
The last two journeys of the rolling highway on the railway line between Fribourg and Novara will be on Thursday.
Olten
RAlpin, in the company's nearly 25-year history, has transported over two million trucks by rail
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
MEETINGS
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
MEETINGS
Spediporto's conference "Take opportunities navigating trade tensions" will be held in Genoa on December 1st and 2nd.
Genoa
It will be held at the Conference Hall of Banca Bper
››› Meetings File
PRESS REVIEW
Bulgarian court rejects extradition of Russian owner of a ship linked to Beirut port blast
(ABCNEWS.com)
Three UAE Firms Eye Investment In Kenya's Port, Renewable Energy, And Shipping Projects
(Capital FM Kenya)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
SHIPPING
Edison signs a contract with Knutsen for the charter of a new LNG vessel
Milan
With a capacity of 174,000 cubic meters, it will be built by Hanwha Ocean
COMPANIES
Unifeeder, P&O Ferrymasters and P&O Maritime Logistics will be brought together under the single DP World brand.
Dubai
CRUISES
Project to build a tourist center at the cruise terminal of the Mexican port of Ensenada
Miami/Cancun
Agreement between Carnival Corporation, ITM Group and Hutchison Ports
RAILWAY TRANSPORT
Lineas and FS Logistix have inaugurated the Modalink terminal joint venture.
Antwerp
Five weekly train rotations between Antwerp and Milan
COMPANIES
Marcel Theis will be the new CEO of SBB Cargo International from January 1st.
Olten
He will take over from Sven Flore
PORTS
In October, freight traffic in the port of Ravenna grew by +13.4%
Ravenna
A rise of +14.5% is expected in November
PORTS
The conflict over the Genoa Municipality's additional tax on port boarding fees is escalating.
Genoa
Assarmatori, Assagenti, CLIA, Confindustria Genova and Confitarma will not participate in the technical meeting announced by the mayor.
INFRASTRUCTURE
Bulgaria, Greece, and Romania reach agreement on enhanced cooperation within the Black Sea-Aegean Corridor
Brussels
Acceleration of implementation of transport axis projects expected
PORTS
The Port of Barcelona plans to halve its CO2 emissions by 2030
Barcelona
Private investments of 920 million euros and public investments of 780 million are expected.
SHIPYARDS
Fincantieri reaches agreement with Bahraini ASRY to collaborate in the shipbuilding sector
Trieste
They will evaluate opportunities for the construction of naval vessels and offshore units
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