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28 April 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
August 18, 1998
Shipping Timesweb site
Shipping News
  • Expansion by Korean, Japan yards may backfire
    Slowdown in newbuilding orders expected by turn of the century
  • Orient Overseas turns in US$14.6m loss in first half
  • Hitachi Zosen sets up China venture
  • Port shots
Air and Land Transport
  • Thai Airways dives further into red in second quarter
    Net loss balloons to 4.3 billion baht due to accounting changes and foreign exchange losses
  • Rolls-Royce wins US$390m jet engine order
  • British Airways to issue yellow card to tipsy trouble-makers
  • Korean Air, Asiana drop unprofitable domestic routes
  • Boeing, Raytheon to upgrade Australia's fighter jets
  • China-Tibet railway planned
Features
  • Supertrain ride into the future
    Transrapid's makers are hoping to finally get the superspeed train off thetest track and on to the profit fast track

Shipping Timesweb site
Shipping News
  • Expansion by Korean, Japan yards may backfire
    Slowdown in newbuilding orders expected by turn of the century
  • Orient Overseas turns in US$14.6m loss in first half
  • Hitachi Zosen sets up China venture
  • Port shots
Air and Land Transport
  • Thai Airways dives further into red in second quarter
    Net loss balloons to 4.3 billion baht due to accounting changes and foreign exchange losses
  • Rolls-Royce wins US$390m jet engine order
  • British Airways to issue yellow card to tipsy trouble-makers
  • Korean Air, Asiana drop unprofitable domestic routes
  • Boeing, Raytheon to upgrade Australia's fighter jets
  • China-Tibet railway planned
Features
  • Supertrain ride into the future
    Transrapid's makers are hoping to finally get the superspeed train off thetest track and on to the profit fast track

Shipping Timesweb site
Shipping News
  • Expansion by Korean, Japan yards may backfire
    Slowdown in newbuilding orders expected by turn of the century
  • Orient Overseas turns in US$14.6m loss in first half
  • Hitachi Zosen sets up China venture
  • Port shots
Air and Land Transport
  • Thai Airways dives further into red in second quarter
    Net loss balloons to 4.3 billion baht due to accounting changes and foreign exchange losses
  • Rolls-Royce wins US$390m jet engine order
  • British Airways to issue yellow card to tipsy trouble-makers
  • Korean Air, Asiana drop unprofitable domestic routes
  • Boeing, Raytheon to upgrade Australia's fighter jets
  • China-Tibet railway planned
Features
  • Supertrain ride into the future
    Transrapid's makers are hoping to finally get the superspeed train off thetest track and on to the profit fast track

Sched Netweb site
  • Shipping Committee to promote shipping industry
  • Alianca plans for new ships and services
  • COSCO, K Line, Yang Ming increasing fleet
  • Maersk takes Caribbean without Sea-Land
  • HACTL resumes all services
  • DHL handles circus heavy-weight
  • Airlines should have more maneuvering space

Cargowebweb site
AUGUST 17, 1998
  • Effect Asia crisis on empty container export in Rotterdam
  • Painful imbalance in traffic with Asia
  • Promotion of short-sea to be extended

The Journal of Commerceweb site
Home
  • Russia devalues ruble in effort to halt turmoil
  • Brazil's trade community wants to see Cardoso win
  • Conference will raise Europe-Asia rates Oct. 1
  • In October, Customs will accept some 'IOUs'
  • Gregory D. Storey returns to JOC as editorial director
  • Teamsters fund-raiser pleads guilty on election coverup
  • Iraq steps up drive against sanctions
  • JAL suspected of illegally paying off racketeers
  • Industrial production declines, worst drop since 90-91 recession
  • Report: North Korea building underground nuclear plant capable of making weapons
  • IRS to allow accelerated deductions for Y2K bug work
  • Woman weathering storms, heat to row across Atlantic
Transportation
  • Grain group, rails reach pact
  • Group unveils $1.76 billion plan to upgrade Buenos Aires airport
  • STB sets schedule for CN merger plan
  • UPS saw net rise 35% in 2nd quarter
  • McMullen is sold
  • Stocks ride bad week for markets
  • Minnesota governor asks for Northwest strike plan
  • Tribasa makes first rail payment to Mexico
  • Indonesia's hard-hit Garuda returns leased Boeings
  • Court says Teamsters leader Sever violated union election rules
Maritime
  • FMC box probe of China to give lift to forwarders
  • West Coast ports adding capacity in era of mega-terminals
  • China, Korea yards grapple with prices in market downturns

The Journal of Commerceweb site
Home
  • Russia devalues ruble in effort to halt turmoil
  • Brazil's trade community wants to see Cardoso win
  • Conference will raise Europe-Asia rates Oct. 1
  • In October, Customs will accept some 'IOUs'
  • Gregory D. Storey returns to JOC as editorial director
  • Teamsters fund-raiser pleads guilty on election coverup
  • Iraq steps up drive against sanctions
  • JAL suspected of illegally paying off racketeers
  • Industrial production declines, worst drop since 90-91 recession
  • Report: North Korea building underground nuclear plant capable of making weapons
  • IRS to allow accelerated deductions for Y2K bug work
  • Woman weathering storms, heat to row across Atlantic
Transportation
  • Grain group, rails reach pact
  • Group unveils $1.76 billion plan to upgrade Buenos Aires airport
  • STB sets schedule for CN merger plan
  • UPS saw net rise 35% in 2nd quarter
  • McMullen is sold
  • Stocks ride bad week for markets
  • Minnesota governor asks for Northwest strike plan
  • Tribasa makes first rail payment to Mexico
  • Indonesia's hard-hit Garuda returns leased Boeings
  • Court says Teamsters leader Sever violated union election rules
Maritime
  • FMC box probe of China to give lift to forwarders
  • West Coast ports adding capacity in era of mega-terminals
  • China, Korea yards grapple with prices in market downturns

The Journal of Commerceweb site
Home
  • Russia devalues ruble in effort to halt turmoil
  • Brazil's trade community wants to see Cardoso win
  • Conference will raise Europe-Asia rates Oct. 1
  • In October, Customs will accept some 'IOUs'
  • Gregory D. Storey returns to JOC as editorial director
  • Teamsters fund-raiser pleads guilty on election coverup
  • Iraq steps up drive against sanctions
  • JAL suspected of illegally paying off racketeers
  • Industrial production declines, worst drop since 90-91 recession
  • Report: North Korea building underground nuclear plant capable of making weapons
  • IRS to allow accelerated deductions for Y2K bug work
  • Woman weathering storms, heat to row across Atlantic
Transportation
  • Grain group, rails reach pact
  • Group unveils $1.76 billion plan to upgrade Buenos Aires airport
  • STB sets schedule for CN merger plan
  • UPS saw net rise 35% in 2nd quarter
  • McMullen is sold
  • Stocks ride bad week for markets
  • Minnesota governor asks for Northwest strike plan
  • Tribasa makes first rail payment to Mexico
  • Indonesia's hard-hit Garuda returns leased Boeings
  • Court says Teamsters leader Sever violated union election rules
Maritime
  • FMC box probe of China to give lift to forwarders
  • West Coast ports adding capacity in era of mega-terminals
  • China, Korea yards grapple with prices in market downturns

Cyber Shipping Guide - Ocean Commerceweb site
  • US Officials to Visit China, Japan to Discuss Port Issues
  • OOIL Reports $14.8-Million Half-Year Loss
  • Uniglory Starts Calling J. Nehru
  • CFS Charge for Korea-Bound Cargo to Be Raised
  • MISC Starts Bangladesh Service
  • Mid-Year Box Traffic at Pusan Rises 15.4%

urgente online pressweb site
  • Baleares subvenciona el transporte
  • Conflicto de intereses entre el ferrocarril y las vías fluviales
  • Seis aerolíneas estadounidenses logran récord financiero
  • Daewoo y LDV fabricarán furgones en el Reino Unido
  • Sabena y South African Airways abandonan Zaire

Exim Indiaweb site
AUGUST 17, 1998
  • Eastbound shipping lines plan rate hike from Oct. 1
  • New deal for EOUs on cards
  • 'Handling charges are too high', admits MbPT Chief
  • Maharashtra to host Auto '98 fair with Tamil Nadu
  • K'taka augments funds for software units
  • Govt sets $ 14 bn textile export target
  • New agency mooted to track money laundering
  • PSUs: Concor first to be diverted

Cargonews Asiaweb site
AUGUST 10, 1998
  • Sea-land admin relocates to Manila
  • PAX calls at Manzanillo
  • VSA2 phase one launched
  • OT Africa orders Hanjin vessels
  • High hopes for inland port
  • Busy half for Long Beach
  • A million at Melbourne
  • Transpacific face-lift for OOCL
  • TSA sets peak rates
  • New call on Eagle Service

Lloyd's Listweb site
  • P&O to axe British containership crews
    ALL 300 British and 30 New Zealand ratings serving on the 19 P&O-owned containerships operating with the P&O Nedlloyd fleet are to be sacked and replaced by low-cost Filipino seafarers.
  • Hong Kong agrees CT9 building date
    HONG Kong financial secretary Donald Tsang said yesterday that a consortium of terminal operators have agreed on details of the territory's planned Container Terminal 9 (CT9) and construction would begin soon, Reuters reports.
  • Shell Deepwater to pull out early from rig deals
    SHELL Deepwater Dev-elopment in the US is to withdraw early from commitments to two high-end Transocean semi-submersibles and a third Diamond Offshore rig, all in the Gulf of Mexico.
  • Tensions begin to grow in Hyundai standoff
    Standoff: striking South Korean unionists, wearing headbands reading 'Save Our Jobs' and riding motorcycles were prevented from disrupting a pro-Hyundai Motors company rally by some 5,000 riot police in Ulsan yesterday. Tensions are rising in the seven-week long standoff between sacked unionists and Hyundai management, with fears of an imminent police raid on the factory to arrest and disperse some 4,000-6,000 trade unionists and their families who have been occupying the Hyundai factory grounds for more than four weeks.
  • End of the line for UK ratings
    SOON there will be not a single British rating on the entire British-registered boxship fleet. P&O - the company which operates all 19 vessels in this category as part of the P&O Nedlloyd joint venture - yesterday gave the RMT transport union the devastating news that 300 Britons and 30 New Zealanders are to be replaced with cheaper Filipino crew.
  • Standard club curtails growth
    The Standard protection and indemnity club has rejected most applications to join over the past year in order to protect the interests of existing members.
  • Cory opts for Caterpillar technology
    US-developed Caterpillar machinery has been selected for a new class of tractor tug ordered by UK-based Cory Towage to serve a management contract in the Middle East.
  • 'Toisa Perseus' sails to Norway
    Bermuda-based Toisa Ltd's newbuilding, the '50m ($83.3m) Toisa Perseus, has left Rotterdam's Van der Giessen shipyard for trials in Norway. The subsea construction vessel will be chartered to Rockwater to lay pipelines in the North Sea.

Fairplayweb site
AUGUST 17, 1998
  • Torm slashes ship values
    TORM, the Danish liner and bulk shipping group, has substantially written down the value of its ships.
  • Pertamina to honour Suharto contracts
    OSPREY Maritime has welcomed the news that Pertamina is to honour all shipping contracts made by the Suharto administration.
  • Keppel Marine's turnover soars
    SINGAPORE'S Keppel Marine Industries recorded a leap in turnover of almost 50 per cent for the first six months of the year.
  • CMA and Norasia share vessels on Asia route
    CMA and Norasia Line have agreed a vessel sharing agreement to co-operate a two-string service between Europe, the Mediterranean, the Middle East and Asia.
  • Terminal operators in accord on CT9
    THREE terminal operating companies in Hong Kong have reached agreement on the detailed development arrangements for Container Terminal 9.
  • Venezuela petrochemical output nears 7m tonne
    PEQUIVEN, the petrochemical company of Venezuela's state oil company, Petroleos de Venezuela, says its three coastal complexes are currently producing 6.8m tonne annually.
  • Tamil Tigers 'ready to release' bombed ship's crew
    TAMIL Tiger rebels say they are ready to release the crew members of the merchant ship bombed by Sri Lankan air force jets on August 14.
  • Indians fail to agree oil import freight rates
    INDIAN Oil Corp and Shipping Corp of India have failed to agree on a market-related freight rate for crude oil imports despite four months of talks.
  • OOIL reports first loss since 1993
    FALLING cargo prices and volumes have been blamed for the first loss suffered by Orient Overseas (International) in five years.
  • Seattle's handling package wins Korean contract
    THE Port of Seattle has managed to retain a significant steel-handling contract by virtue of a new handling package put together by Stevedoring Services of America (SSA).
  • Dutch report questions benefit of inland shipping
    A DUTCH research institute has issued a report that questions the benefits of transferring cargo from road to rail and inland waterway.
  • CGM smarts over lost Italia purchase
    CGM's failure to take over Italia di Navigazione from Finmare is seen as a setback for the French group.
  • Awilco presents stronger first half figures
    AWILCO, the Norwegian tanker company which sold its floating production systems earlier this year, has converted last year's half year loss to a pre-tax profit of Nkr40m in 1998.
  • Finland dashes tax reform hopes
    FINLAND'S ministry of finance has dashed hopes of tax reform for the country's shipping companies.
  • Compromise sought for waterfront impasse
    AUSTRALIA'S Council of Trades Unions (ACTU) has suggested a compromise to break a deadlock threatening a waterfront peace accord.

Antwerpse Lloyd n.v.web site
  • Tor Line développe fortement la capacité de son service EuroBridge
    Tor Line va sensiblement augmenter la capacité de son service EuroBridge entre Gand et Göteborg à partir de l'automne afin de pouvoir faire face à la demande croissante. C'est ce qu'a annoncé la direction de l'armement hier à Gand. L'opérateur suédois introduira progressivement quatre navires plus grands et plus rapides sur cette route à partir de fin octobre en remplacement de la flotte existante. Tor Line pourra de la sorte transporter 30% de semi-remorques en plus et 50% de voitures en plus . L'armement disposera en outre de davantage de temps pour le traitement des cargaisons dans les deux ports. La fréquence du service (six départs par semaine) demeure inchangée. La capacité sera également augmentée sur les deux autres routes, à savoir la route AngloBridge entre la Suède et la Grande-Bretagne et la route Shortbridge entre Rotterdam et le RU.
  • Les législations environnementales différentes ne perturbent pas la concurrence entre Rotterdam et Anvers
    La réglementation environnementale et son application ne devraient pas être des facteurs de concurrence entre ports, ni une arme aux mains des utilisateurs des ports. C'est ce que concluent la Commission Portuaire Flamande et le Conseil Portuaire Néerlandais dans leur étude commune sur la "réglementation environnementale en matière de containers et de diverses dans les ports d'Anvers et de Rotterdam".

Daily Commercial Newsweb site
  • P&OP to pursue section 127 claims
    A HEARING in the Australian Industrial Relations Commission on Friday is expected to set a date for a Full Bench hearing of P&O's wide-ranging claim against the Maritime Union of Australia.
    The action, under section 127 of the Workplace Relations Act, seeks to prevent the MUA from taking industrial action across all of the company's stevedoring interests in Australia, including P&O Ports.
    It is understood the case will be based on incidents dating to May last year, but will also include more recent disruptions to work which took place at the height of the dispute between Patrick and the MUA.
  • Another veteran of the container revolution retires
    A SHIP which helped pioneer the container revolution in Australia's international trades is en route to the scrappers after over 27 years' service.
    The 21,278 GRT Columbus New Zealand completed her final discharge in Melbourne late last week and is now understood to be on her way to breakers at Pakistan's Gadani Beach, after almost three decades of carrying Australian and New Zealand refrigerated exports to North America.
    Introduced in mid 1971 the German-registered Columbus New Zealand was the first pure containership in the trade, followed in quick succession by sisters Columbus Australia and Columbus America. All three were built in Hamburg by Howaldtswerke-Deutsche Werft and powered by steam turbines, but in 1986 the trio were re-engined with more fuel-efficient B&W diesels.
  • Minister hails setting up of freight body
    EXPORT levels and trade opportunities in Queensland are poised to increase significantly through the establishment of the Air Freight Council of Queensland, state Transport Minister Steve Bredhauer said last week.
    As previously announced, the commonwealth has committed to the provision of $100,000 a year for two years to the establishment of air freight councils in each state in a bid to improve the air freight cargo chain. Most other states have already received cheques for half the amount.
    Mr Bredhauer said the Queensland council would act as a forum for industry to improve the flexibility, accessibility and efficiency of transport and logistics involved in the movement of international air freight in the state.
  • Air freight levels steady
    INTERNATIONAL air freight traffic in and out of Australia continued to remain relatively steady in March, despite falling exports and passenger numbers, latest aviation figures show.
    According to figures from the commonwealth Department of Transport, total air freight traffic dropped by less than two per cent in March 1998 compared to the same period last year. Passenger numbers in and out of Australia plunged 7.7 per cent.
    Outbound air freight fell 4.9 per cent in March, with inbound freight rising slightly.
  • HCE cancels Hobart calls
    BASS Strait operator Holyman Coastal Express has withdrawn its weekly voyage to the port of Hobart in favor of six days-a-week sailing between Melbourne and Devonport.
    The move has been expected for some months but has been delayed by protracted negotiations with Australian Transport Network's Tasrail over acceptable land feeder arrangements for southern Tasmanian shippers. HCE lost cargo volumes underpinning its weekly Hobart visit when zinc manufacturer Pasminco moved substantial tonnage to the new Project Asia Service, which makes direct Hobart calls. Previously HCE feedered zinc to Melbourne to meet mainline container services.

Traffic Worldweb site
  • Success at its neutral dispatching center in Houston has UP contemplating decentralizing the operations side of its railroad on a larger scale. As its partner at the Spring, Texas, joint dispatching center, BNSF has played a critical role in the improvement that both railroads and shippers have seen in the Houston area since the agreement between the two railroads was put into operation last February. There are those who say decentralized operations are not necessary to effectively run a railroad, but both UP and BNSF are considering Los Angeles as a possible next step.
  • The American Trucking Associations' Executive Committee approved a controversial plan to reorganize the association by absorbing its affiliates, changing its dues structure and lowering membership fees, and adding thousands of truckers to its declining membership rolls. ATA wants to increase membership over the next four years from 3,125 trucking companies to 12,000 motor carriers, logistics providers and suppliers. The association also is looking to consolidate its affiliates' separate political action committees into a single PAC with more formidable political influence on Capitol Hill.
  • Toronto-based Vitran Corp. has acquired Winsted, Minn.-based Quast Transfer, making good on its intention of expanding its regional LTL presence in the United States. The deal, expected to close on Sept. 30, could reap large synergies from the combined operations. Both companies will pick up new markets with very few overlapping customers, company officials said. The acquisition comes at an opportune time from an industry standpoint, as regional trucking is growing by double-digit rates with the $19 billion long-haul market growing at 1 percent to 2 percent annually.
  • Federal Express and its pilots are back at the negotiating table, trying once again to hammer out the company's first union contract. The FedEx Pilots Association has a new negotiating team, a new president and a lot more money coming into its coffers thanks to double dues for the next six months to cover negotiation expenses. Money also will be set aside in case talks take a turn for the worse and the pilots opt for strong-arm tactics. Meanwhile, FedEx management is back at the table with the same team as last year, hoping to put the possibility of labor strife well behind them.
  • The Liberian Bureau of Maritime Affairs will refrain from any punitive action against Cosco Shipping Co., the operator of the freighter Bright Field that crashed into the Riverwalk shopping mall in New Orleans during the 1996 Christmas holidays. No fatalities resulted from the crash that damaged the mall, a Hilton Hotel, a condominium, injured more than 100 people and tallied losses exceeding $17 million. The Liberian agency will schedule a hearing on negligence charges being considered against the two engineers who served on the freighter at the time of the crash.
  • Unlike other recent Class 1 mergers, the challenge for Canadian National Railway and Illinois Central Railroad may not be how to quell shipper concerns while still keeping as much control of the franchise as possible, but how to best take advantage of marketing opportunities that will result from the merger. Before the marriage, CN had very little sales representation in the United States. Now the combined company will have a major presence. CN is figuring out a strategy as to take advantage of that fact, as well as how it will manage and develop its new alliance with Kansas City Southern.
  • Non-Stop Logistics Corp. has a new name and a new focus. The San Francisco-based logistics company is now Non-Stop Solutions and is targeting the pharmaceutical industry to pioneer its brand of inventory optimization. The company made a splash four years ago when it introduced the Non-Stop concept to the grocery market. That didn't work so Non-Stop retooled itself. It has been working with a major drug store chain for more than a year in a pilot program. It's also attracted a major new investor, Kleiner Perkins Caufield and Byers, a venture capital company that is well-known to firms in California's high-tech gulch, Silicon Valley.
  • In an about-face from two weeks ago, the Federal Aviation Administration has acknowledged before Congress that it still has problems to sort through before it will be year 2000 compliant and before its computer systems are secure. Dennis DeGaetano, deputy associate administrator for Research and Acquisitions at the FAA, tacitly agreed with complaints issued by Joel C. Willemssen of the General Accounting Office, that the FAA still had serious issues. This stance from the FAA and the Department of Transportation reflects a more subdued and less optimistic viewpoint than the agency and department expressed a short while ago, when it told Traffic World that "we are right on track" for Y2K compliance.
  • Cargo has begun moving again through Salvador, Brazil, and at a considerably lower cost to port operators, thanks to a labor strike victory by management over salaries, work force size and working hours. With the rest of Brazil's shipping community looking toward Salvador for answers to their own labor problems, the country is also grappling with efforts to privatize public ports, airports, roads, rails and telecommunication systems. And government reform is starting to attract other foreign investors, including auto manufacturers and airlines.

›››File
FROM THE HOME PAGE
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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