BRIEFS

testata inforMARE

13 September 2026 - Year XXX

Independent journal on economy and transport policy

20:59 GMT+2

BRIEFS

August 18, 1998

Shipping Times

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 Times

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 Times

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

	web 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

	web 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 Commerce

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 Commerce

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 Commerce

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

	web 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%

	web 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

	web 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

	web 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

	web 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.

	web 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.

	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".

	web 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.

	web 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 threat to shipping in the Red Sea grows as Houthis seize Perim Island.

SHIPPING

The threat to shipping in the Red Sea grows as Houthis seize Perim Island.

Sana'a/Hamburg

German shipowners warn that the possibility of returning to the Suez route is further removed

ACCIDENTS

New attacks on ships in the Strait of Hormuz

Southampton/Tehran

IRGC Navy strikes US naval drone

PORTS

Port of Long Beach reports record container traffic for August

Long Beach

In the first eight months of 2026, volumes grew by +1.3%

SHIPPING

WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods

Washington

Kramek: People, ports, ships and the marine environment at risk

SHIPPING

T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.

Brussels

If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.

Transalpine rail freight traffic still under pressure despite economic recovery

TRANSPORTATION

Transalpine rail freight traffic still under pressure despite economic recovery

Bern

The road runs faster than the rail

Artificial intelligence drives global trade, despite Middle East and tariffs

TRADE

Artificial intelligence drives global trade, despite Middle East and tariffs

Geneva

The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.

PORTS

Green light for €1.35 billion in investment in the port of Bremerhaven.

Bremen

It is the largest amount of funding the federal government has ever allocated to a project in the state.

PORTS

APM Terminals Signs Agreement to Develop Nigeria's Badagry Port

Copenhagen

Four kilometers of docks with a draft of -18 meters would be built

COMPANIES

Renaissance Partners has signed a binding agreement to acquire De Wave Group.

Genoa/Milan

The Genoese company will be sold by the American company Platinum Equity

SHIPPING

Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy

Cernobbio

Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.

SHIPYARDS

Canadian unions want BC Ferries to build new ferries in British Columbia

Delta

The company's latest order was to Chinese company CMI Weihai

PORTS

Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.

Rome

The unions fear the progressive replacement of a structural function of the port with precarious forms of work

SHIPYARDS

Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships

Shanghai

The units would have a gross tonnage of 84,000 tons

SHIPPING

In July, ship traffic in the Suez Canal increased by +27%

Cairo

In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)

INTERMODAL TRANSPORT

Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa

SHIPPING

IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.

London

38 states voted in favor and 17 against. Formal adoption postponed until December.

POLICY

Brussels launches the Maritime Industrial Alliance

Brussels

The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.

SHIPYARDS

The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain

Geneva

This is underlined by the representatives of the unions belonging to IndustriALL Global Union

SHIPPING

Study to create a maritime corridor between the UK and the US using nuclear-powered container ships

London

ACCIDENTS

Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz

Riyadh

Bahri VLCC Sidr hit

SHIPYARDS

Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities

Brussels

BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list

PORTS

In Panama, the provision that protected the confidentiality of port concession contracts has been repealed

Balboa

The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.

COMPANIES

Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.

Trieste/Kiel

The agreement does not provide for mergers or acquisitions

PORTS

Philippine terminal operator ICTSI to acquire African port operator TLG

Manila

The company operates in Mozambique, Namibia and South Africa

SHIPYARDS

EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia

Brussels

This is reported by a study by Shipbreaking Platform and Transport & Environment

PORTS

In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record

Anjra

Growth of +6% recorded in the first six months of 2026

Container shipping market recovery drives COSCO Shipping Holdings' quarterly results

SHIPPING

Container shipping market recovery drives COSCO Shipping Holdings' quarterly results

Hong Kong

The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.

TRADE

G20 trade accelerates in second quarter

Paris

Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace

PORTS

La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.

La Spezia

SHIPPING

OOIL's half-year results are weighed down by the negative performance of the first quarter

Hong Kong

The January-June period closed with a net profit of 729.3 million dollars (-23.6%)

PORTS

Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.

Florence/Livorno

RAILWAY TRANSPORT

SBB CFF FFS Cargo returned to profit in the first half of the year

Bern

The Swiss group's trains transported over six million passengers (+1.3%)

TRADE

White House denounces practice of "illegal" port transshipment to evade U.S. tariffs

Washington

ACCIDENTS

IMO urges naval missions to counter rising piracy in the Gulf of Aden

London/Riyadh/Southampton

The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.

PORTS

CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port

Paris

The planned investment amounts to approximately 434 million dollars

The slowdown in the Chinese economy is reflected in port traffic

PORTS

The slowdown in the Chinese economy is reflected in port traffic

Beijing

In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.

PORTS

In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%

Bremen

In the first six months of 2026 the increase was +5.9%

SHIPYARDS

Fincantieri and Viking convert options into orders for two new cruise ships

Trieste

PIRACY

A ship was boarded by pirates in the Gulf of Aden

Southampton

The unit was forced to head towards Somalia

LAW

CK Hutchison initiates international arbitration proceedings against the Republic of Panama

Hong Kong

The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.

PORTS

Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II

Hamburg

The Maersk Group company will retain operational control of the Dutch terminal

The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for

ZIM also records a recovery in the second quarter

SHIPPING

ZIM also records a recovery in the second quarter

Haifa

Acquisition by Hapag-Lloyd expected by the end of the year

PORTS

In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%

Civitavecchia

In the first half of this year the total was 3.93 million tons (+1.5%)

PORTS

Last month the port of Singapore handled four million containers (+3.1%)

Singapore/Hong Kong

A 1.6% decline was recorded in the port of Hong Kong

COMPANIES

AP Moller Capital to acquire majority stake in Globex Investissement

Copenhagen/Casablanca

ACCIDENTS

Ship hit in the Strait of Hormuz

Southampton

Crew member of the "Minoan Dignity" dies

PORTS

Last month, freight traffic in the port of Barcelona decreased by -6.5%.

Barcelona

In July, 300,961 containers were handled (-13.2%)

COMPANIES

Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.

Abu Dhabi

He currently owns a 75.42% stake

PORTS

In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%

La Spezia

Cargo traffic in Tunisian ports is growing sharply

In the April-June quarter it was 7.4 million tons (+8.8%)

PORTS

The port of Koper reports a 5.6% decrease in quarterly freight traffic

Ljubljana

In June the decline was -18.9%

PORTS

Strait of Hormuz crisis has severe impact on DP World's financial and operating performance

Dubai

PORTS

Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.

Hong Kong

Excluding operations in Panama, volumes increased by +5%

PORTS

In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.

Hamburg

Containers amounted to four million TEUs (-3.7%)

SHIPPING

HMM's revenues increased by 29.7% in the second quarter

Seoul

Net profit down, weighed down by lower financial income

SHIPPING

Evergreen's net profit grew by 43.9% in the April-June quarter.

Taipei

Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market

SHIPPING

Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market

Copenhagen/Hamburg

The Danish company reports better quarterly performance than its German partner in Gemini Cooperation

PORTS

Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter

Genoa

Passenger numbers drop at both ports

SHIPPING

In the second quarter, Yang Ming recorded a net profit growth of +610.7%.

Keelung

Revenues stable in the first half of 2026

ACCIDENTS

Two ships attacked in the Gulf of Oman and off the coast of Yemen

Southampton

A container ship was reportedly hit by an American helicopter

SHIPPING

The Northern Sea Route is not at all competitive with the sea route through Suez

Basel

Study by two researchers from Mokpo National Maritime University

SHIPYARDS

The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.

Bucharest

In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June

SHIPPING

In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June

Panama/Balboa

The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.

CRUISES

Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force

Monaco/Miami

Delivery is scheduled for 2034

ACCIDENTS

More explosions in the Strait of Hormuz area

Southampton/Tehran

Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.

PORTS

In July, freight traffic in the port of Ravenna grew by +6.7%

Ravenna

A sharp decline of -21.2% is expected for August

TRUCKING

Giulio Stoppa is the new general secretary of Trasportounito

Rome

A choice of continuity that at the same time marks the beginning of a new phase

CRUISES

The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona

Ancona/Los Angeles

Viking's Board has authorized a share buyback program of up to $1 billion.

SHIPYARDS

Meyer Werft begins construction of the Carnival Tropicale cruise ship

Papenburg

With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.

RAILWAY TRANSPORT

VTG sells its UK subsidiary VTG Rail UK to pension fund USS

Hamburg

The company operates in the railway freight wagon leasing sector.

SAFETY & SECURITY

The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.

Genoa

More than 250 deficiencies have been detected so far

PROGRESS AND TECHNOLOGY

ABB and Oceanly collaborate to integrate and optimize ship performance and operations

Genoa

PORTS

Strategic agreement between Federlogistica and the Port of Xiamen

Genoa

Feasibility study for a maritime connection between the Chinese port and Genoa

PORTS

Container traffic at the Port of Los Angeles remained stable in August

Los Angeles

The increase in empty garages has offset the decrease in full ones

COMPANIES

Gulftainer to acquire stake in Thailand's Suksawat Terminal

Sharjah/Bangkok

It is located on the Chao Phraya River, in Bangkok

SAFETY & SECURITY

Robo.ai establishes a company specializing in maritime and submarine security

Abu Dhabi

Al-Mansory: We will produce locally and provide solutions for markets around the world

INTERMODAL TRANSPORT

Kombiverkehr has taken full control of Spanish company Combiberia

Frankfurt am Main

The shares were acquired from the other 20 members

NEWS

US forces hit five Iranian oil tankers

Tampa

Attacks in the Gulf of Oman and near Kharg Island

COMPANIES

Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund

Abu Dhabi

INFRASTRUCTURE

Construction of the above-ground section of Genoa's new breakwater has begun.

Milan

Construction of the wave barrier is underway

COMPANIES

For the first time, a woman leads the Panama Canal Authority.

Balboa

Engineer Ilya Espino de Marotta's term will expire in 2033.

COMPANIES

Blu Navy has acquired a stake in Banca dell'Elba

Portoferraio

Schenone: We are a group united by the desire to contribute to the economic and social development of the island.

SHIPPING

HMM signs a contract worth approximately $3.5 billion with Vale

Seoul

It involves the maritime transport of iron ore on behalf of the Brazilian company

INDUSTRY

Kongsberg Maritime signs deal to buy Finland's Steerprop

Oslo

The Rauma-based company designs and manufactures marine propulsion systems

NEWS

New drug seizure in the port of Livorno

Livorno

53 kilograms of pure cocaine in a container from Peru

PORTS

In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%

Brussels

Landings and embarkations decreased by -2.0% and -6.4% respectively

PORTS

A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.

Genoa

The new concession agreement with Amico & Co Spa has been finalized.

PORTS

Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.

Ravenna

COMPANIES

MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa

Genoa

The company is based in the Naval Repair area of the port of Genoa

SHIPPING

Anemoi wind propulsion system to be installed on a Maersk container ship

London

The aim is to increase the ship's energy efficiency and reduce its emissions.

PORTS

The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.

Ravenna

Expressions of interest to be submitted by September 21st

INDUSTRY

MacGregor opens a new technical assistance center in Trieste

Stockholm

The main focus will be the European area, including the specialized megayacht sector.

ACCIDENTS

Tanker hit by three shells in the Strait of Hormuz

Southampton

An accident also in the Indian Ocean

PORTS

Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.

Taranto

The Management Committee of the institution has approved the appointment

ACCIDENTS

Crew of ferry that sank in Northern Cyprus arrested

Nicosia

Eight people died in the accident. 17 other passengers are missing.

SAILING LIST

Visual Sailing List

	Departure ports
	Arrival ports by:
	-	alphabetical order
	-	country
	-	geographical areas

INDUSTRY

Singamas's profit halved in the first half of 2026

Hong Kong

The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.

INDUSTRY

CIMC sells more containers, but profits plummet

Hong Kong

Half-year profit in this business segment fell by -81.2%

In the first half of this year, China

COMPANIES

COSCO Shipping Ports reports record quarterly and half-year revenues

Hong Kong

Net income for the first six months of 2026 was $276.6 million (+23.2%)

COMPANIES

In the first six months of 2026, CMPort's revenues grew by +13%

Hong Kong

Net profit up 7.4%

SHIPYARDS

Meyer Werft revenues to grow by 107% in 2025

Papenburg

The financial year ended with a net loss of -383.8 million euros

SHIPPING

Messina will launch the new West Med Line scheduled service in September

Genoa

It will bring together existing services for Algeria and Libya

SHIPYARDS

The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera

Trieste

The unit is scheduled for delivery in 2027.

SHIPPING

Tarros will include the port of Salerno in its Italy-Libya Express service.

La Spezia

The vessel "Vento di Zefiro" will be placed on the route

SHIPPING

MPCC reports declining quarterly results as part of fleet renewal plan

Oslo

MOURNING

Kuehne+Nagel's honorary president has died.

Schindellegi

Klaus-Michael Kühne had joined the family business in 1958

NEWS

A shipment of 65 kilograms of cocaine was seized in the port of Livorno.

Livorno

It would have brought in around 20 million euros to the criminals

PORTS

In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)

Madrid

Containers amounted to 1,581,071 teu (-5.6%)

PORTS

Join us at the Communion and Liberation Meeting in Rimini

Rome

Participation in the exhibition area of the Ministry of Infrastructure and Transport

PORTS

Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins

Ravenna

The aim is to give full functionality to a new logistics and industrial sector in the port area

PORTS

Container traffic in the port of Algeciras decreased by 11.4% in July.

Algeciras

In the first seven months of 2026 the decline was -3.3%

INTERMODAL TRANSPORT

Hupac will strengthen its intermodal service between Basel and Busto Arsizio.

Noise

An eighth weekly rotation will be introduced from September 7th

LOGISTICS

Sallaum creates a company for land logistics of cars in Europe

Vilnius

It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029

PORTS

In the second quarter, freight traffic in the port of Taranto grew by +6.7%

Taranto

An increase of +104.9% was recorded in July

CRUISES

Viking Holdings Cruise Line Reports Record Quarterly Revenue

Los Angeles

Net profit of $587.7 million (+33.8%)

PORTS

Container traffic at the Port of Los Angeles dropped 5.8% last month.

Los Angeles

In the first seven months of 2026, growth of +1.8% was recorded

PORTS

Container traffic at the Port of Long Beach dropped 1.7% in July.

Long Beach

In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)

SHIPPING

In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs

Bangkok

Net profit down 1.1%

SHIPPING

Danish DFDS's quarterly financial performance improves

Copenhagen

In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.

PORTS

Container traffic at HHLA terminals decreased by -8.0% in the second quarter

Hamburg

Revenues increased by 2.5%. Operating costs increased by 5.7%.

PORTS

The Livorno Port Authority creates an internal task force for the Darsena Europa project.

Livorno

The aim is to ensure a unified coordination with the commissioner structure that follows the project

COMPANIES

Costa Cruises announces change of management for the Americas region.

Genoa

Jorge Serrano Martín de Vidales will replace Dario Rustico

INDUSTRY

MSC installs Jotun's proactive hull cleaning system on MSC Daniela

Sandefjord

Combines advanced antifouling technology with robotic inspection and cleaning

SHIPPING

Wan Hai Lines reports a 965.6% increase in quarterly profit

Taipei

The company orders six new 11,000 TEU containerships

PORTS

In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%

Podgorica

Cargoes to and from Italy dropped by -40.6%

SHIPPING

The Grimaldi Group has taken delivery of the Grande Pacifico

Naples

The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu

COMPANIES

In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)

Genoa

Net profit of 20.0 million euros (-3.0%)

MOURNING

Maurizio Longo, Secretary General of Trasportounito, has passed away.

Rome

He passed away in Rome after a long illness.

PORTS

Terminal Investment Limited abandons Tercat acquisition

Brussels

It provided for joint control of the Barcelona terminal with Hutchison Ports

PORTS

Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.

Ravenna

PORTS

Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina

Vibo Valentia

The area will be transformed into new yards for commercial logistics

COMPANIES

Maersk Group sells Maersk Training and Maersk H2S Safety Services

Copenhagen

They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations

PORTS

In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)

Venice

Cruise passengers down by -15.3%

PORTS

In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%

Ravenna

In the first six months of 2026 the increase was +5.9%

PORTS

Italian Ports:

Ancona

Genoa

Ravenna

Augusta

Salerno

Bari

Savona

Leghorn

Taranto

Naples

Trapani

Carrara

Palermo

Trieste

Venice

Italian Interports: list

World Ports: map


DATABASE

		Shipowners		Shipbuilding and Shiprepairing Yards
		Forwarders		Ship Suppliers
		Shipping Agents		Truckers

MEETINGS

MEETINGS

The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.

Genoa

It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority

MEETINGS

The Federagenti assembly will be held in Civitavecchia on July 3rd.

Rome

Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.

››› Meetings File

PRESS REVIEW

Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO

HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard

(Maeil Business Newspaper)

››› Press Review File

FORUM

of Shipping
and Logistics

ASSITERMINAL

Intervento del presidente Tomaso Cognolato

Roma, 19 giugno 2025

››› File

LOGISTICS

DP World acquires six GXO logistics sites in the UK

Dubai

186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton

LOGISTICS

DHL soars in the second quarter, but not everywhere

Bonn

Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.

SHIPPING

Global Ship Lease reports record quarterly and half-year revenues

Athens

Rising costs impact profits

PORTS

DP World to build temperature-controlled logistics hub in the port of Antwerp

Dubai/Kallo

SHIPPING

GNV will activate a third maritime service to Algeria on Saturday

Genoa

The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.

SHIPPING

Danaos Corporation reports quarterly revenue growth of 4.7%.

Athens

The containership segment remains stable. Bulk carriers continue to contribute.

ACCIDENTS

A bulk carrier hit by a shell in the Strait of Hormuz

Southampton/London

One crew member is reportedly missing.

PORTS

This year, 800,000 cruise passengers are expected in Messina.

Messina

Passengers make a direct expenditure of almost 16 million euros in the city

PORTS

Container traffic at the Port of New York grew by 1.6% in the second quarter

New York

In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)

INTERMODAL TRANSPORT

HZ Cargo and Railtrans form joint venture for intermodal transport

Zagreb

The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.

- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio
No part may be reproduced without the express permission of the publisher

	Search on inforMARE			Presentation
	Feed RSS			Advertising spaces
	inforMARE in Pdf
	Mobile