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13 September 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
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
Companies inform
Accelleron and Geislinger: An Evolving Technical Collaboration
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
COSCO Shipping Holdings Group's revenues fell by -3.4% in the second quarter of 2025.
COSCO Shipping Holdings Group's revenues fell by -3.4% in the second quarter of 2025.
Shanghai
Sharp decline in economic performance in the trans-Pacific and Asia-Europe markets
For Federlogistica, the bridge over the Strait of Messina will have the miraculous power to gradually eliminate a framework of social injustices.
For Federlogistica, the bridge over the Strait of Messina will have the miraculous power to gradually eliminate a framework of social injustices.
Genoa
Falteri: it can become the artery of an economic and social body that has been underdeveloped to date
SBB CFF FFS Cargo's half-year performance was negative.
Bern
The Swiss company announced a drop in volumes in both domestic and transit traffic.
COSCO Shipping Ports reports record quarterly revenue
Hong Kong
In the April-June period, net profit was 122.4 million dollars (+32.4%)
Cargo traffic at Chinese seaports hit a new record high in July
Cargo traffic at Chinese seaports hit a new record high in July
Beijing
Foreign traffic amounted to 427.6 million tonnes (+6.1%)
South Korea's HD Hyundai Heavy Industries Co. and HD Hyundai Mipo Co. to merge
Seoul
The completion of the operation is expected for next December 1st.
Filt Cgil, priority should be given to valorizing AdSP workers rather than assigning positions
Rome
The union denounces the failure to comply with the National Collective Labour Agreement
In the second quarter of this year, freight traffic in the port of Venice grew by +4.1%
Venice
There were 228 thousand cruise passengers (+12.8%)
COSCO Shipping International's revenues increased by 10.3% in the first half of the year.
Hong Kong
Net profit was HK$494.6 million (+26.0%)
G20 nations' merchandise trade showed modest growth in the second quarter
Geneva
The increase in trade in services was more pronounced
South Korea's HD Hyundai announces multibillion-dollar investment program to revitalize the U.S. shipbuilding industry.
South Korea's HD Hyundai announces multibillion-dollar investment program to revitalize the U.S. shipbuilding industry.
Seongnam
Agreements with the US investment firm Cerberus Capital and the Korea Development Bank
MSC World Europa cruise ship crashes off the coast of Ponza
Rome
The Coast Guard reports that the situation on board, where there are 8,585 people, is calm and under control.
MSC World Europa has resumed autonomous sailing
Rome
Electrical problem solved, the cruise ship is headed for the port of Naples
PostEurop warns that from August 29, shipments of goods to the USA could be limited or suspended
Brussels
Last month, Trump eliminated tariff exemptions for low-cost goods.
Chinese oil company OOIL sees growth in its half-year financial results.
Hong Kong
In the first six months of this year, revenues increased by +5.0%
Premier Alliance to split Mediterranean Pendulum 2 service next month
Seoul/Singapore/Keelung
Investment firm CVC Capital Partners exits Boluda Maritime Terminals and TTI Algeciras
Schiphol
The two terminal companies manage a total of nine Spanish port terminals
ZIM's quarterly economic and operating performance declines
ZIM's quarterly economic and operating performance declines
Haifa
In the period April-June the average value of freight rates fell by -11.6%
Interferry's Entry/Exit System risks delaying ferry operations at European ports.
Victoria
The system will come into force on October 12th
DFDS closes second quarter with a loss
Copenhagen
In the period April-June 2025 the fleet transported 10.6 million linear meters of rolling stock (-0.4%)
Ammonia and methanol are ready to decarbonize shipping, but some obstacles to their use must be removed.
New record quarterly results for the American cruise group Viking
New record quarterly results for the American cruise group Viking
Los Angeles
The April-June period closed with a net profit of 439.2 million dollars (+182.2%)
Container traffic in the port of Barcelona grew by 1.8% last month.
Barcelona
202,321 TEUs handled at loading and unloading (+10.4%) and 142,492 TEUs in transit (-8.3%)
In the second quarter of 2025, freight traffic in the Port of Hamburg grew by +4%
In the second quarter of 2025, freight traffic in the Port of Hamburg grew by +4%
Hamburg
Sharp increase in transshipment container volumes (+26%)
Norway's Xeneta has bought Denmark's eeSea
Oslo
Both companies provide data and information for the optimization of containerized maritime transport
In the April-June quarter, freight traffic in Tunisian ports decreased by -3.8%
La Goulette
In the first six months of 2025, 13.8 million tonnes were handled (-3.2%)
Port of Koper sets new quarterly records for containers and rolling stock
Ljubljana
In the period April-June, 5.6 million tons of goods were moved (-4.1%)
Port of Los Angeles hits record monthly container traffic
Los Angeles
Over one million TEUs were handled in July (+8.5%)
Hapag-Lloyd reports second quarter increases of +2.0% in revenues and +12.4% in containers transported by the fleet
Hapag-Lloyd reports second quarter increases of +2.0% in revenues and +12.4% in containers transported by the fleet
Hamburg
Net profit fell by -39.4%
Evergreen reports an 18.7% drop in quarterly revenues
Taipei
The April-June period closed with a net profit decrease of -62.9%
South Korean company HMM's revenues fell by 1.5% in the second quarter.
Seoul
Trump announces rejection of IMO's shipping decarbonization program
Washington
The proposed framework - it is denounced - is in effect a global carbon tax that affects Americans and is imposed by an irresponsible United Nations organization.
Taiwanese companies Yang Ming and Wan Hai Lines reported negative results in the second quarter.
Taiwanese companies Yang Ming and Wan Hai Lines reported negative results in the second quarter.
Keelung/Taipei
In the period April-June, revenues decreased by -26.5% and -8.7% respectively
Cruise traffic at Global Ports Holding terminals grew by 6.0% in the second quarter
Istanbul
In the first six months of 2025, an increase of +16.7% was recorded
In the period April-June, cargo traffic in Croatian ports decreased by -4.0%
Zagreb
Cruise passengers grow by +5.4%
Container traffic at US ports is expected to plummet in the second half of this year.
Washington/Long Beach
In July, the Port of Long Beach handled 944,000 TEUs (+7.0%)
ThyssenKrupp shareholders approve spin-off of ThyssenKrupp Marine Systems
Eat
The company will be listed on the Frankfurt Stock Exchange
WTO: Measured responses have cushioned the impact of tariffs in 2025, but risks remain high for 2026.
WTO: Measured responses have cushioned the impact of tariffs in 2025, but risks remain high for 2026.
Geneva
Global trade in goods is expected to grow by 0.9% this year
Hupac will increase the number of weekly rotations between Busto Arsizio and Basel from five to eight
Noise
Increase in attendance from September 1st
From January 1st, new bunkering regulations will apply in the ports of Rotterdam and Antwerp.
Rotterdam
The barges must be equipped with flow meters
Maersk reports higher quarterly revenue, lower earnings
Maersk reports higher quarterly revenue, lower earnings
Copenhagen
Terminals and logistics have made a positive contribution. Container shipping benefits from demurrage revenues.
The CIPESS has approved the final project for the bridge over the Strait of Messina.
Rome
Construction will begin this year and the project will be completed in 2032.
DHL Group revenues fell by 3.9% in the second quarter
DHL Group revenues fell by 3.9% in the second quarter
Bonn
Significant reduction in shipments from China and Hong Kong to the US due to Trump's abolition of the de minimis regime
The Grendi group has acquired 70% of Dario Perioli Spa
The Grendi group has acquired 70% of Dario Perioli Spa
Milan
The remaining 30% will remain with Fingiro, owned by Michele Giromini, the company's CEO.
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
In the second quarter, sales of dry containers produced by CIMC fell by -33%.
Hong Kong
Reefer boats increase by 57%
The Grimaldi Group has taken delivery of the Grande Shanghai
Naples
It will be used for the transport of vehicles between East Asia and Northern Europe
The ART urges to verify that the investment plan and the related amortization period are consistent with the duration of the port concessions.
Turin
Chinese automaker FAW ships components to Europe by train
Changchun
Transit time reduced to 18 days compared to 45 days for maritime transport
The assets and fleet of the Spanish Armas Trasmediterránea will be sold to Baleària and DFDS
Las Palmas/Dénia/Copenhagen
Two agreements worth €215 million and €40 million respectively have been signed.
Italian State Railways (FS), investing €70 million to install the ERTMS system.
Rome
Work has been completed on 382 Trenitalia trains, while the retrofitting of 60 locomotives from Mercitalia Rail, an FS Logistix company, is underway.
MPC Container Ships' quarterly revenue returns to growth
The second quarter of 2025 was closed with a net profit of 78.1 million dollars (+20.5%)
Plans to build two container customs areas north and south of the Suez Canal
Cairo
Fourteen of the 48 abandoned shipwrecks in Catania port have been removed.
Catania
The activity will be replicated in the port of Augusta
The Regional Administrative Court (TAR) has confirmed the validity of the tender for the new Ravano Terminal in the port of La Spezia.
La Spezia
DP World's port terminals handled record quarterly container traffic
Dubai
Revenues grew by 22.2% in the first half of 2025
In the quarter April-June the volume of rolling stock transported by Höegh Autoliners increased by +9.0%
Oslo
Sharp increase (+46.6%) of vehicles from Asia
South Korea's HD Korea Shipbuilding & Offshore Engineering acquires Vietnam's Doosan Enerbility
Seongnam
It manages an industrial area with its own port facility
Container traffic in the port of Algeciras grew by 6.6% in July
Algeciras
In the first seven months of 2025, a decrease of -2.9% was recorded
In July, the port of Valencia handled 488,000 containers (+6.7%)
Valencia
Increase driven by growth in empty containers
Salvini has appointed Annalisa Tardino as extraordinary commissioner of the Western Sicilian Sea Port Authority.
Rome/Palermo
The President of the Sicilian Region announces the appeal against the provision
The materials dredged in the ports of La Spezia and Carrara will be used for the construction of the new breakwater in Genoa.
Genoa/La Spezia
Agreement between the two Ligurian Port System Authorities
X-Press Feeders denounces authorities' failure to acknowledge responsibility in the X-Press Pearl accident
Singapore
According to the company, the Supreme Court ruling ignores international maritime law
Container traffic in the port of Hong Kong decreased by -6.5% in July
Hong Kong
A decline of -3.7% was recorded in the first seven months of 2025
Cargo traffic in Russian ports remained stable in July
St. Petersburg
In the first seven months of 2025, loads decreased by -4.6%
In July, the Port of Singapore set a new all-time record for monthly container traffic with 3.9 million TEUs.
Singapore
In terms of weight, containerized cargo decreased by -3.6%
Compensation to be paid by the Civitavecchia Port Authority in the Fincosit case has been set at €1.5 million.
Civitavecchia
Latrofa: The ruling allows the release of set-aside sums that have frozen the budget for years.
Germany's HHLA posts record quarterly revenue
Hamburg
In the second quarter, the group's port terminals handled 3.2 million containers (+7.9%)
In the first half of 2025, CK Hutchison's port terminals handled 44 million containers (+4.0%)
Hong Kong
In the quarter April-June the Wallenius Wilhelmsen fleet transported 14.8 million cubic meters of rolling stock (-0.5%)
Lysaker
Revenues down by -0.7%
In the second quarter, Montenegro's ports handled 670 thousand tons of goods (+0.6%)
Podgorica
Volumes with Italy amounted to 154 thousand tons (+53.1%)
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
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
With the arrival of the first container ship, the testing of operational procedures at the Rijeka Gateway begins.
The Hague
The first commercial ship is expected on September 12th
A proposal to bring the port of Taranto back onto global container routes? Start a discussion table.
Taranto
Meeting on the status of freight traffic
Port of Ancona: Tender for demolition of fire-damaged Tubimar warehouses
Ancona
The expected duration of the works is four and a half months
Merger of the German MACS and Hugo Stinnes, both active in the MPP vessel segment
Hamburg/Rostock
Stinnes headquarters in Rostock to close by December 31
In the second quarter, freight traffic in Albanian ports grew by +2.9%
Tirana
There were 331 thousand passengers (+13.6%)
A.SPE.DO, operationalizing the Smart Terminal to increase the competitiveness of the port of La Spezia.
La Spezia
ING loans to Premuda for over 100 million dollars
Milan
Funds for the management buyout and the purchase of two product tankers
Sallaum Lines has taken delivery of the first of six Ocean-class dual-fuel PCTCs
Rotterdam
The ship was completed four months ahead of schedule
First meeting of the new Management Committee of the Western Ligurian Sea Port Authority
Genoa
Several measures approved, including those for CULMV and CULP staff
Euroports to operate a new liquid bulk terminal in the French port of Port-La Nouvelle
Beveren-Kruibeke-Zwijndrecht
It is expected to become operational in 2026
In the second quarter, freight traffic in the port of Ravenna increased by +2.6%
Ravenna
Growth of 0.6% was recorded in June. An increase of 4.8% is expected in July.
OsserMare presents five reports on the marine economy
Rome
They focus on a specific sector supply chain or aspect of it
Port of Naples: Road haulage operations resume
Naples
Resolution meeting between institutions, operators and trade associations
ICTSI again reports record quarterly financial and operating results
Manila
Global Ship Lease Reports Record Quarterly Revenue
Athens
In the April-June period, net profit was 95.4 million dollars (+8.4%)
Vard receives new order from North Star for two hybrid SOVs
Trieste
Contract worth between 100 and 200 million euros
The Panama Shipping Registry will no longer accept the registration of oil tankers and bulk carriers over 15 years old.
Panama
Measure to counter the use of the shadow fleet
Danaos Corporation reports record quarterly revenue
Athens
The April-June period closed with a net profit of 130.9 million (-7.3%)
New customs fast corridor between the port of La Spezia and Interporto Padova
Padua
It adds to the other three already active on the same route
ICTSI to operate Indonesia's Batu Ampar Container Terminal
Manila
It is located on Batam Island
Pino Musolino has been appointed CEO of the Alilauro shipping company.
Naples
He replaces the resigning Eliseo Cuccaro
In the second quarter, DIS' time charter revenues fell by -37.1%.
Luxembourg
Net income was $19.6 million (-70.5%)
Wista Italy denounces the exclusion of women from the nominations of port authority presidents.
Milan
Musso: The glass ceiling that prevents women from accessing leadership roles remains.
Austrian Rail Cargo Group is focusing on the development of the Sommacampagna-Sona intermodal terminal.
Vienna
Ten-year agreement
In the second quarter, maritime traffic in the Bosphorus Strait decreased by -6.0%
Ankara
18.1% decline in ships over 200 metres in length
Fifty kilos of cocaine seized at the port of Civitavecchia
Rome
They were hidden inside a reefer container arriving from Ecuador
Trump has eliminated tariff exemptions for low-cost goods for all nations.
Washington
Goods with a value of less than $800 will also be subject to the tax.
Viking Mira was launched at Fincantieri's Ancona shipyard
Trieste
The multi-role frigate "Emilio Bianchi" was delivered to the Muggiano shipyard
The Port Authority of the Central-Northern Adriatic Sea has obtained EMAS registration
Ravenna
Certifies commitment to environmental management and sustainability
MSC Cruises reduces emissions with the support of an energy transition plan
Geneva
The 2024 Sustainability Report has been presented
DSV reports strong growth in financial and operating results thanks to the acquisition of Schenker
Hedehusene
Quarterly record in air and ocean shipment volumes
In 2024, the Fratelli Cosulich group's revenues increased by +12.8%
Genoa
Operating result down by -31.7%
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