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Independent journal on economy and transport policy
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BRIEFS
October 13, 1998
Shipping Timesweb site
Shipping News
  • Major lines laud PSA's customer focus
    Port operator celebrates first anniversary of its corporatisation amid regional crisis
  • Litton wins US$400m cruise ship order
  • London port to get new vessel traffic services system
Air and Land Transport
  • Korean Air to spend US$114m to improve safety
    Seoul acts against airline, slashing domestic operations by 15%
  • Swissair crash: second lawsuit filed
  • Auckland Airport earnings on target
  • Dispute over Qantas flight roster goes to arbitration
  • HK airport closures delay 100 flights
Features
  • Stormy weather taking a toll
    Region's airlines move into austerity modes to ride out tough times, as deepening recessions hit travel

Shipping Timesweb site
Shipping News
  • Major lines laud PSA's customer focus
    Port operator celebrates first anniversary of its corporatisation amid regional crisis
  • Litton wins US$400m cruise ship order
  • London port to get new vessel traffic services system
Air and Land Transport
  • Korean Air to spend US$114m to improve safety
    Seoul acts against airline, slashing domestic operations by 15%
  • Swissair crash: second lawsuit filed
  • Auckland Airport earnings on target
  • Dispute over Qantas flight roster goes to arbitration
  • HK airport closures delay 100 flights
Features
  • Stormy weather taking a toll
    Region's airlines move into austerity modes to ride out tough times, as deepening recessions hit travel

Shipping Timesweb site
Shipping News
  • Major lines laud PSA's customer focus
    Port operator celebrates first anniversary of its corporatisation amid regional crisis
  • Litton wins US$400m cruise ship order
  • London port to get new vessel traffic services system
Air and Land Transport
  • Korean Air to spend US$114m to improve safety
    Seoul acts against airline, slashing domestic operations by 15%
  • Swissair crash: second lawsuit filed
  • Auckland Airport earnings on target
  • Dispute over Qantas flight roster goes to arbitration
  • HK airport closures delay 100 flights
Features
  • Stormy weather taking a toll
    Region's airlines move into austerity modes to ride out tough times, as deepening recessions hit travel

Sched Netweb site
  • NOL warns carriers to but into bigger business
  • Zim to implement crew laws
  • Quebec Railway to take tracks
  • AEI expands on services
  • Virgin starts new direct Melbourne service
  • Garuda repatriates staff to curb spending
  • DHL launches new Panama hub facility
  • Delta urges fair competition in transatlantic trade

Cargowebweb site
OCTOBER 12, 1998
  • Taca members search for new pact
  • Maersk named new CEO
  • Last ditch agreement on Malpensa
  • Scansped and Schenker Eurocargo merge
  • NOL denies sale of 40 percent APL

Cyber Shipping Guide - Ocean Commerceweb site
  • AWRA Unveils Rate Increases Next Year
  • Transport Officials from EU, Japan to Meet in Tokyo
  • Busan Predicted to Become 4th Box Port in 2000

urgente online pressweb site
  • Anave pide la anulación de las nuevas tarifas portuarias
  • Plataforma Europea para la Gestión de la Movilidad
  • Naviera Pinillos firma un convenio laboral hasta el 2004
  • Renfe aumenta 3.700 trenes en el puente del Pilar
  • TMB obtiene el ISO 9002

Exim Indiaweb site
OCTOBER 12, 1998
  • FDI ceiling in shipping may be raised to 100 per cent
  • PAN made compulsory from November
  • DGFT directive on mulberry raw silk import
  • PHDCCI finds industry prefers efficient administration to sops
  • Transparency sought while fixing freight rates
  • India cautioned over impending oil traffic boom
  • Maiden call at Mundhra port
  • Study finds anomalies in additional excise duty distribution formula
  • Karwar port may handle container cargo in '99
  • New Zealand team coming on business
  • Tea exports up in value terms
  • Kandla Free Trade Zone shuts door to plastic units
  • Hot-rolled coil imports from CIS may attract anti-dumping duty
  • PAN - made compulsory from November
  • EU hikes import duty on molasses
  • The Union Commerce

Lloyd's Listweb site
  • India plans upgrade of major ports
    INDIA's government is planning to invest Rs80bn ($1.88bn) over a four-year period to upgrade facilities at the country's 11 major ports.
  • Mounting tension
    UK defence secretary George Robertson and chief of staff General Sir Charles Guthrie pictured in Downing Street amid mounting tension that Nato is to launch air strikes on Serbia if President Milosevic does not back down.
  • Concern at measures to stifle cheap steel trade
    MAJOR US and European ports, and owners of dry bulk tonnage, are anxiously monitoring protectionist moves in the US and Europe aimed at stamping out imports of cheap steel.
  • Pegasus near to buying three tankers
    Pegasus Shipping is close to purchasing three panamax tankers in a $42m en bloc deal.
  • Search and rescue covers the world
    Nearly 20 years after the adoption of an international agreement on marine search and rescue, the entire world has finally been covered.
  • Ketch rescued off Isle of Man
    An Ocean Yacht Club ketch with several children aboard had to be towed into Douglas yesterday morning after her engine failed in Force 7 conditions while on a voyage from Whitehaven on the northwest coast of England to Douglas, writes Sandra Speares.
  • Oil spill body to widen base
    PLANS to extend membership of the International Tanker Owners Pollution Federation to non-tanker owners is just one element of a strategic plan now being prepared.
  • Banana Express celebrates 10 years of successful growth
    IT sounds like a feature from children's television, but the Banana Express is big business.

Fairplayweb site
OCTOBER 12, 1998
  • Construction begins on major grain terminal
    CONSTRUCTION of the EuroPort grain terminal in the Polish port of Gdansk began last week after an official ceremony held in the port.
  • PSA Corp invests in Voltri
    PSA CORP of Singapore is to invest Lit 226bn ($142m) over the next five years to lift capacity at its Voltri Terminal in Genoa to 1m teu a year.
  • Outspan and Rennies examine fruit logistics
    OUTSPAN, the South African citrus marketing company, and the terminals division of Rennies are examining the formation of an independent logistics company for the fruit export trade.
  • Anglo-Eastern targets tankers
    ANGLO-Eastern Ship Management is targeting the tanker management sector for future group expansion, according to executive chairman Peter Cremers.
  • P&O Ports acquires South African interests
    P&O PORTS, the Australian-based ports group, has acquired two stevedoring businesses in Durban and Cape Town.
  • Jamnagar to be India's largest port
    RELIANCE Group, India's largest private sector company, claims that its mega port under construction in Gujarat will have facilities to handle 50m tonnes of traffic a year.
  • Philippines revises seafarers contracts
    THE Philippine Overseas Employment Administration is revising its standard employment contract for Filipino seafarers working on ocean going vessels.
  • Spanish lines restructure for cabotage changes
    CONTENEMAR and Navicon are the two latest Spanish carriers to restructure their fleets as the January 1 lifting of cabotage restrictions looms ever larger in the EU.
  • Stevedores paralyse Chilean ports
    STRIKING stevedores in Chile paralysed the major ports last week in a dispute over the privatisation of state owned facilities.
  • Hamburg-Poland traffic doubles
    SEABORNE container traffic between Hamburg and Polish ports doubled in the first half of this year.
  • Pipavav lpg terminal to open this month
    BHARAT Shell, a joint venture between Shell and Indian oil company Bharat Petroleum, is to commission its 100,000 tonne per annum lpg import terminal at Pipavav this month.
  • North Korean cruises to start this month
    THE first South Korean cruise ship tour of North Korea will begin this month after Hyundai Group officials return from a survey of the North Korean port of Changjon.
  • Sydney braced for new confrontation
    RENEWED waterfront trouble is brewing in Sydney, centred around the MUA's disputed compliance with a new labour agreement with Patrick.
  • Princess survivors seek damages
    SURVIVORS of the Philippine ferry Princess of the Orient have begun to seek claims for damages from Sulpicio Lines.
  • World-Wide 'buying into Frontline'
    RUMOURS on Oslo's stock exchange suggest that Hong Kong-based World-Wide Shipping group has bought an unspecified number of shares in Frontline.
  • Western Bulk sues former directors
    WESTERN Bulk Shipping, the Norwegian operator of handysize bulkers, has sued its previous top management in a row over the charter parties of two 29,000 dwt ships.

Daily Commercial Newsweb site
  • Sydney turmoil continuing
    Patrick was continuing negotiations with the Maritime Union of Australia yesterday in an effort to lift productivity at its Sydney container terminal.
    The option of a legal action was still a possibility, Patrick director, Bill Clayton, told DCN yesterday, particularly since the stevedore's Sydney facility was now only about 50 per cent as productive as its Melbourne terminal.
    It is understood Patrick has completed preparations for an eventual filing of papers.
    To add to Sydney's problems, a computer malfunction at P&O Ports' Container Terminals Australia Ltd facility at Port Botany yesterday further affected productivity.
    The commercial director of the New South Wales Road Transport Association, Terry Dene, told DCN that as a result of the computer failure it was difficult to judge the exact reason for the low level of productivity.
  • Ship inspection program review under way
    The Oil Companies International Marine Forum (OCIMF) is meeting this month looking for feedback that will lead to enhancing and fine tuning its Ship Inspection Report (SIRE) program, according to David Savage, the program manger.
    The program was introduced in November 1994 to broaden the distribution of ship inspection information among OCIMF members, charterers, traders, terminal operators and flag and state entities who shared OCIMF's concerns about tanker safety and pollution prevention.
    Captain Savage said that oil companies became obsessed by inspections after the Exxon Valdez incident, however there was an incredible amount of duplication of effort. He said in the years 1989-91, inspections programs reached "a frenzy" and there were up to five inspectors on board a vessel at any one time, tying up crews as they were trying to load or unload product, and there simply had to be a better way.
  • MARPOL push in Pacific Rim
    The Pacific's regional environment agency is seeking funding from Australia and other developed Pacific Rim countries to establish a program designed to ensure that all Pacific Island nations introduce maritime oil pollution legislation in line with existing international conventions.
    The Apia-based, 22-nation, South Pacific Regional Environment Program's marine pollution adviser, Steve Raaymakers, said on Friday that an initial wire-service report indicating that SPREP proposed to introduce its own "controls over international shipping', was incorrect.
  • US Act brings new 'language'
    The passage of the United States' Ocean Shipping Reform Act of 1998, earlier this month, will allow the signing of private, confidential, contracts between shippers and individual carriers.
    The bill is expected to be signed by the president within the next few weeks and will go into effect on 1 May, 1999.
    Details of the bill and how it will operate will be developed by the Federal Maritime Commission (FMC) as formal regulations between now and that time.
    According to one of the main carriers in the Australia-North America trade, Columbus Line, the most significant aspect of this new legislation is language which will allow the signing of private confidential contracts between shippers and individual carriers.

Marine Linkweb site
OCTOBER 12, 1998
  • OSE Enjoys Record Day
    The Oslo Stock Exchange on Monday, October 12, enjoyed one of its best days in its history. Buoyed by ascending Asian stock markets, the Oslo Total Index was up 5.09% on Monday, which was the largest one-day increase in 1998 and the 8th largest since 1983. The Oslo Shipping Index was up even more 6.76%.
  • IMO: World Ship Search, Rescue Network Complete
    A global network for maritime search and rescue systems has been finalized by the International Maritime Organization (IMO), with a provisional search and rescue plan for the Indian Ocean was adopted at recent conference held in Fremantle in Australia.A resolution was adopted at the Fremantle conference to investigate setting up an international fund in cooperation with the aviation industry to assist developing counties in fulfilling obligations required by shipping safety conventions.The communications network on which modern satellite and terrestrial-based rescue messaging is operated is due to come into full effect from February 1, 1999 when the Global Maritime Distress and Safety System (GMDSS) is extended to all passenger and cargo ships of 300 gross tonnage upwards on international voyages.
  • IHC Caland Finalizes Chevron Order
    IHC Caland reportedly won a five-year lease contract from Chevron unit CABGOC Ltd., for which it signed a letter of intent last month. A consortium, led by IHC's subsidiary SBM, will lease a floating production, storage and offloading system to CABGOC, to be used off the Angolan coast. The other consortium members are ABB and Coflexip.

›››File
FROM THE HOME PAGE
PORTS
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
PORTS
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
COMPANIES
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
ACCIDENTS
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
PORTS
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
COMPANIES
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
PORTS
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
PORTS
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
PORTS
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
PORTS
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
PORTS
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
SHIPPING
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
SHIPPING
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
SHIPPING
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
PORTS
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
SHIPPING
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
ACCIDENTS
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
SHIPPING
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
SHIPYARDS
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
SHIPPING
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
CRUISES
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
ACCIDENTS
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
SHIPPING
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
ACCIDENTS
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
LOGISTICS
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
SHIPPING
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
CRUISES
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
SHIPPING
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
SHIPPING
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
PORTS
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
RAILWAY TRANSPORT
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
PORTS
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
CRUISES
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
SHIPYARDS
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
PORTS
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
SHIPPING
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
CRUISES
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
SHIPPING
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PORTS
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
PORTS
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
RAILWAY TRANSPORT
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
SHIPYARDS
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
SHIPYARDS
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
SHIPYARDS
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
ACCIDENTS
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
CRUISES
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
PORTS
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
PORTS
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
COMPETITION
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
FREIGHT TERMINALS
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
INTERMODAL TRANSPORT
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
PORTS
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
PORTS
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
LEGISLATION
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
ACCIDENTS
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
SHIPPING
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
PORTS
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
TRANSPORTATION
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
SHIPPING
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
TRANSPORTATION
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
ACCIDENTS
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
PORTS
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
PORTS
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
PORTS
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
ACCIDENTS
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
PORTS
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
CRUISES
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
PORTS
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
PORTS
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
SHIPPING
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
SHIPPING
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
PORTS
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
PORTS
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
INDUSTRY
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
SHIPPING
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
PORTS
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
SHIPPING
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
COMPANIES
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
MOURNING
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
PORTS
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
PORTS
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
PORTS
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
COMPANIES
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
PORTS
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
PORTS
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
LOGISTICS
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
LOGISTICS
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
SHIPPING
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
PORTS
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
SHIPPING
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
SHIPPING
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
ACCIDENTS
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
PORTS
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
PORTS
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
INTERMODAL TRANSPORT
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
PORTS
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
ACCIDENTS
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
SHIPPING
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
COMPANIES
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
PORTS
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
PORTS
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
PORTS
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
EDUCATION
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
INTERMODAL TRANSPORT
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
TRANSPORTATION
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
ACCIDENTS
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
INFRASTRUCTURE
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
LOGISTICS
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
LOGISTICS
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
PORTS
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
COMPANIES
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
PORTS
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
PORTS
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
INDUSTRY
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
PORTS
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
LOGISTICS
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
ASSOCIATIONS
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
PORTS
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
FREIGHT TERMINALS
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
INDUSTRY
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
OFFSHORE
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
LOGISTICS
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
ASSOCIATIONS
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
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
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
MEETINGS
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
SHIPPING
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
EDUCATION
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
NEWS
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
INDUSTRY
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
SHIPPING
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
ACCIDENTS
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
ACCIDENTS
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
SHIPPING
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
INTERMODAL TRANSPORT
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
PORTS
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
CRUISES
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
PORTS
Western Liguria Port Authority approves 2026 budget update
Genoa
PORTS
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
INDUSTRY
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
PORTS
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
PORTS
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
SEAFARERS
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
PORTS
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
PORTS
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
PORTS
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
PORTS
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
PORTS
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
RAILWAY TRANSPORT
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
PORTS
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
PORTS
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
SHIPYARDS
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
PORTS
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
LOGISTICS
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
INDUSTRY
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
SHIPYARDS
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
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