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Independent journal on economy and transport policy
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BRIEFS
December 23, 1998
Shipping Timesweb site
Shipping News
  • Cosco launches first berth of Taicang port project
    PSA said to have keen interest in port and city project near Shanghai
  • Hutchison joint venture leads in bid for ECT stake
  • Baltic Exchange to develop capesize shipping index
  • Cambodians flee toxic waste dumped at port
Air and Land Transport
  • European creditors reject ailing PAL's survival plan
    Plan does not address key issues of strategic partner, infusion of US$200m in new equity
  • Air travel industry fears Year 2000 computer glitches
  • Moody's cuts Boeing debt rating amid Asian fallout
  • NY airport operator wants both rail link, AA terminal
  • Honda shares fall on poor domestic sales
Features
  • US on alert against tree killer
    Insect that enters US by boring into hardwood pallets and crates from China threatens US economy and trade
Columns
  • More IMO rules can be expected on safety of dry bulk carriers

Shipping Timesweb site
Shipping News
  • Cosco launches first berth of Taicang port project
    PSA said to have keen interest in port and city project near Shanghai
  • Hutchison joint venture leads in bid for ECT stake
  • Baltic Exchange to develop capesize shipping index
  • Cambodians flee toxic waste dumped at port
Air and Land Transport
  • European creditors reject ailing PAL's survival plan
    Plan does not address key issues of strategic partner, infusion of US$200m in new equity
  • Air travel industry fears Year 2000 computer glitches
  • Moody's cuts Boeing debt rating amid Asian fallout
  • NY airport operator wants both rail link, AA terminal
  • Honda shares fall on poor domestic sales
Features
  • US on alert against tree killer
    Insect that enters US by boring into hardwood pallets and crates from China threatens US economy and trade
Columns
  • More IMO rules can be expected on safety of dry bulk carriers

Shipping Timesweb site
Shipping News
  • Cosco launches first berth of Taicang port project
    PSA said to have keen interest in port and city project near Shanghai
  • Hutchison joint venture leads in bid for ECT stake
  • Baltic Exchange to develop capesize shipping index
  • Cambodians flee toxic waste dumped at port
Air and Land Transport
  • European creditors reject ailing PAL's survival plan
    Plan does not address key issues of strategic partner, infusion of US$200m in new equity
  • Air travel industry fears Year 2000 computer glitches
  • Moody's cuts Boeing debt rating amid Asian fallout
  • NY airport operator wants both rail link, AA terminal
  • Honda shares fall on poor domestic sales
Features
  • US on alert against tree killer
    Insect that enters US by boring into hardwood pallets and crates from China threatens US economy and trade
Columns
  • More IMO rules can be expected on safety of dry bulk carriers

Shipping Timesweb site
Shipping News
  • Cosco launches first berth of Taicang port project
    PSA said to have keen interest in port and city project near Shanghai
  • Hutchison joint venture leads in bid for ECT stake
  • Baltic Exchange to develop capesize shipping index
  • Cambodians flee toxic waste dumped at port
Air and Land Transport
  • European creditors reject ailing PAL's survival plan
    Plan does not address key issues of strategic partner, infusion of US$200m in new equity
  • Air travel industry fears Year 2000 computer glitches
  • Moody's cuts Boeing debt rating amid Asian fallout
  • NY airport operator wants both rail link, AA terminal
  • Honda shares fall on poor domestic sales
Features
  • US on alert against tree killer
    Insect that enters US by boring into hardwood pallets and crates from China threatens US economy and trade
Columns
  • More IMO rules can be expected on safety of dry bulk carriers

Sched Netweb site
  • Hanjin opens new Kwangyang terminal
  • Trade imbalance widens
  • New CT for Bintulu
  • PMA action dismissed
  • K&N delivers the goods
  • HACTL survey points to promising future
  • FedEx pilots satisfied
  • Boeing issues warning to cargo carriers

Cargowebweb site
DECEMBER 22, 1998
  • Heavier environmental demands on trucks
  • Air France offering could raise $717 million
  • Agreement with Fedex pilots
  • Ceres costs Amsterdam extra $ 100 million
  • German executive leaves Nedlloyd
  • Cory Towage to expand coastal services

The Journal of Commerceweb site
Home
  • STB alters rules for rate cases
  • Regional trucker folds after walkout by Teamsters
  • Another profitable year forecast for truckers
  • Customs tests fax alert plan for ACS
  • US weighs pros and cons of Iranian grain deal
  • Job security concern sparks walkout at Port of New York-New Jersey
  • Five people die in cargo plane crash
  • Penske Logistics wins big contract from Whirlpool Corp.
  • Thai front runner for job of WTO chief backs free trade
Transportation
  • STB rejects Houston competition plan
  • AERP -- tough act to follow
  • Pre-Christmas storm expected to affect last-minute gift-givers
  • NS budgets $1 billion for capital projects
  • IATA says airlines will spend $2.3 billion to fix millennium bug
  • Asian group speeds road, rail projects
Maritime
  • Hyundai boosts Australia service
  • Rakkenes to visit Brussels to propose new conference
  • German shipowners warned of tougher times in 1999
  • New rail service extends OOCL's reach in China
  • Details of FMC proposal publicized
  • Container market report

The Journal of Commerceweb site
Home
  • STB alters rules for rate cases
  • Regional trucker folds after walkout by Teamsters
  • Another profitable year forecast for truckers
  • Customs tests fax alert plan for ACS
  • US weighs pros and cons of Iranian grain deal
  • Job security concern sparks walkout at Port of New York-New Jersey
  • Five people die in cargo plane crash
  • Penske Logistics wins big contract from Whirlpool Corp.
  • Thai front runner for job of WTO chief backs free trade
Transportation
  • STB rejects Houston competition plan
  • AERP -- tough act to follow
  • Pre-Christmas storm expected to affect last-minute gift-givers
  • NS budgets $1 billion for capital projects
  • IATA says airlines will spend $2.3 billion to fix millennium bug
  • Asian group speeds road, rail projects
Maritime
  • Hyundai boosts Australia service
  • Rakkenes to visit Brussels to propose new conference
  • German shipowners warned of tougher times in 1999
  • New rail service extends OOCL's reach in China
  • Details of FMC proposal publicized
  • Container market report

The Journal of Commerceweb site
Home
  • STB alters rules for rate cases
  • Regional trucker folds after walkout by Teamsters
  • Another profitable year forecast for truckers
  • Customs tests fax alert plan for ACS
  • US weighs pros and cons of Iranian grain deal
  • Job security concern sparks walkout at Port of New York-New Jersey
  • Five people die in cargo plane crash
  • Penske Logistics wins big contract from Whirlpool Corp.
  • Thai front runner for job of WTO chief backs free trade
Transportation
  • STB rejects Houston competition plan
  • AERP -- tough act to follow
  • Pre-Christmas storm expected to affect last-minute gift-givers
  • NS budgets $1 billion for capital projects
  • IATA says airlines will spend $2.3 billion to fix millennium bug
  • Asian group speeds road, rail projects
Maritime
  • Hyundai boosts Australia service
  • Rakkenes to visit Brussels to propose new conference
  • German shipowners warned of tougher times in 1999
  • New rail service extends OOCL's reach in China
  • Details of FMC proposal publicized
  • Container market report

Cyber Shipping Guide - Ocean Commerceweb site
  • Outsiders in Mid-East Trades Decide to Impose THCs
  • MSC to Follow FEFC Rate Restoration
  • SSA Granted to Construct Box Terminal in Bangladesh

urgente online pressweb site
  • El aeropuerto grancanario de Gando bate récords de circulación
  • Portbou, con espigón pero sin embarcadero
  • El mundo de la venta por correo cierra el año en Madrid
  • El tarraconense Tinglado 2 celebra su décimo aniversario como museo
  • Singapore Airlines, tentada por la Alianza Estrella
  • EEUU comienza las obras del Corredor de Alameda
  • El equipo Seat Sport entrena para los rallys de Montecarlo, Suecia y Kenia
  • La aerolínea luxemburguesa Cargolux, fiel a Boeing

Exim Indiaweb site
  • 10-yr tax holiday for EOUs, EPZs
  • OTAL increases Ghana presence
  • Rice loading record at Kandla
  • Kawar Group-led consortium may get Jordanian BOT rail project
  • Expert committee to frame new textile policy
  • 'Green' signal for Andhra apparel park
  • AAI asks international airlines to expedite cargo clearance
  • Imports of capital goods, raw materials down
  • 3 EOUs among 5 projects cleared in Karnataka
  • 9.25 pc rise in leather exports
  • EDI system at Calcutta Port too
  • Russia wants more Indian tea, tobacco
  • Blue Dart expands operations
  • Work on Dholera port to begin next month
  • ANZ to bid for Indian airports' privatisation

Marine Logweb site
  • Vanuatu register hopes to benefit from shipowner displeasure with some major flags
    With the antics at some ship register giving some owners itchy feet, Don Sheetz, executive vice-president of New York-based Vanuatu Maritime Services Limited has been promoting the stability and other benefits offered by Vanuatu
  • Avondale announces Navy contracts valued at $454.7 million
    Options exercised for the construction of two ships valued at $454.7 million :the second LPD ship and the Navy's newest and most advanced amphibious assault ship

Lloyd's Listweb site
  • London's New Year 'bug' ban
    FEARS that the millennium bug could hit shipping far sooner than expected have forced the Port of London to impose vessel restrictions during the coming new year period in eight days' time.
  • Turkey tries again for new radar system bids
    Turkey has re-issued a tender for a $40m radar control system to monitor navigation through its two narrow straits linking the Black Sea to the Mediterranean, the Anatolian news agency said yesterday.
  • Ferry operators in strait of Gibraltar form pool
    Six ferry companies operating across the Strait of Gibraltar, between Spain and Morocco, have reached a pooling agreement.
  • Numast to run GMDSS survey
    BRITISH officers' union Numast is to undertake a survey to gauge the industry's readiness to implement the Global Maritime Distress and Safety System, amid fears that many glitches have yet to be sorted out.
  • Top players bid for new Indian hub
    INDIA'S proposed major new container terminal has attracted some expressions of interest from the world's top three port operators.
  • Ministry clears the way for ports sell-off
    India's law ministry has cleared the decks for the privatisation of the country's eleven major ports.
  • Caribbean Sea back in favour as drug route
    South American drug traffickers have returned to Caribbean Sea routes because of the devastation caused by Hurricane Mitch.
  • Aboitiz-Jebsen plans safety talks for Philippines
    TO help the Philippines improve its maritime safety standards, Aboitiz-Jebsen Bulk Transport Corporation has volunteered to conduct seminars on the International Safety Management (ISM) Code in shipping centres across the country.

Antwerpse Lloyd n.v.web site
  • Anvers a franchi le cap des 3 mio. de TEU
    On y a longtemps cru, mais la réalité des tonnages est là: le port d'Anvers aura frôlé le cap des 120 mio. de t en 1998, mais n'aura pu ni le dépasser, ni l'atteindre. Le mois de novembre a été bon avec un trafic de 9,72 mio. de t (+1,3%) et en supposant que décembre soit de la même veine, ce qui n'est pas évident étant donné que le dernier mois de l'année est généralement sujet à un ralentissement, le score final pourrait se situer entre 119 et 119,5 mio. de t. Il n'en reste pas moins vrai que la prestation aura été des plus remarquables. Le record est appréciable quand on sait que 1997 avait été clôturé avec un trafic de 111,9 mio. de t.
  • Une joint-venture indonésienne renforce la présence d'Ahlers en Asie
    Le groupe Ahlers a ouvert, il y a quelques semaines, une filiale dans le port indonésien de Semarang au centre de l'île de Java. Ainsi le groupe de transport anversois continue son expansion internationale, à peine quelques jours après la conclusion d'un accord de coopération avec le groupe indien Forbes, une filiale du groupe Tata (voir LL du 27/11/98). Selon le président du conseil de direction, Albert Weynen, Ahlers est le seul entrepreneur logistique et maritime sur plusieurs marchés asiatiques.
  • Jacobs lance une offensive dans la logistique terrestre
    Le groupe britannique Jacobs Holdings (qui possède entre autres Dart Line et Thames Europort) va regrouper les activités de plusieurs entreprises acquises ces derniers temps au sein d'une seule entité, qui sera baptisée Ontime Logistics. La nouvelle société aura un chiffre d'affaires initial de 32 mio. de GBP (1,85 mia. de BEF). Elle sera opérationnelle le 4 janvier prochain. Par ailleurs, on a appris que Jacobs a pris une petite participation dans Nightfreight, qui pourrait être la première phase d'une tentative d'OPA.
  • Transurb Consult va fusionner avec Technirail
    Vers la fin du mois de mars prochain, la fusion entre Transurb Consult et Technirail, deux filiales de la SNCB, sera effective. Elle s'accompagnera d'une hausse du capital de 140 millions de BEF. Enfin, on cherche actuellement un successeur à Erik Vandenbroele, actuel directeur-général de Transurb, dont le mandat arrive à terme à la fin de l'année.

Daily Commercial Newsweb site
  • ACCC approves Melbourne's towage increases
    HOWARD Smith Towage has welcomed an Australian Competition and Consumer Commission's (ACCC) interim decision on harbour towage tariff in Melbourne which finds merit in a rate increase.
    The chief executive of Howard Smith Towage, Dale Cole, said the ACCC's review of Melbourne towage was one of the most transparent and comprehensive ever undertaken by the Commission and its predecessor, the Prices Surveillance Authority.
    "The decision announced by the ACCC finds that a rate increase in Melbourne is justified," Mr Cole said.
    "A decision on the quantum of the increase will be made following further consultation with port users as part of the ongoing consultative process.
    "Overall the benefits received by our customers exceed any cost increases that would follow the ACCC decision.
    "We will be looking very hard at the implications for our business."
  • Private talks settle outsourcing dispute
    PRIVATE discussions between Patrick and the Maritime Union of Australia (MUA) yesterday appear to have resolved the dispute over the maintenance of leased machinery.
    It is understood that the union has now accepted that major maintenance work on leased machinery will be carried out by the owner of the machine and not members of the union employed by Patrick's maintenance sub-contractor, Fluor Daniel Pty Ltd.
    Minor maintenance work on such machines will apparently still be carried out by members of the union on "if and when" available basis.
    According to company sources this has been accepted by the union.
  • Empty box charges to fall
    THE Sydney Ports Corporation has reminded customers that the empty container charge will be abolished from 1 January.
    Sydney Ports Corporation announced the abolition of the $10 charge in July following approval by the New South Wales Minister for Ports, Kim Yeadon.
    In excess of 140,000 empty containers are shipped through Sydney each year, attracting a $10 per box charge.
    From 1 January this will be a direct saving to shipping lines of $1.4 million in a full year.

Marine Linkweb site
DECEMBER 22, 1998
  • E&P Spending Projected To Drop 11% Next Year
    A study from investment bank Salomon Smith Barney reports that worldwide oil exploration and production spending is set for its biggest decline in more than a decade, battered by persistently low oil prices. The survey predicts that spending in the sector will fall 11 percent in 1999, to $79.2 billion, as a result of the almost 70 percent drop in oil prices this year.  The survey of 175 companies predicts the worst news for the U.S., predicting that spending is set to fall 20.9 percent.
  • Transocean Cancels Semisubmersible Contract
    Transocean Offshore Inc. agreed to cancel a two-year contract on a semisubmersible rig with the owners of the Terra Nova oil field offshore from Newfoundland. The agreement to cancel the Transocean Explorer contract is contingent upon a $40 million payment to Transocean by the Terra Nova owners on Dec. 23.  The two-year contract, signed in May 1997, would have required a refit and upgrade of the Explorer, enabling the rig to provide drilling and completion services on the Terra Nova oil field development project, Transocean said.
  • Lisnave Mulls Controlling Stake In Dakar Marine
    Portuguese shipbuilder Lisnave is in the running to take a controlling stake in Senegal's Dakar-Marine shipyard.
  • Turkey Re-issues VTS Tender
    Turkey has reportedly re-issued a tender for a $40-million radar control system to monitor navigation through its two narrow straits linking the Black Sea to the Mediterranean. The only reported bidders are U.S. firm Lockheed Martin Corp., German Atlas Electronics and Turkish investor partner Simkon.
  • Grupo Libra Want Bigger Containerships
    In the continuing trend toward larger, faster containships in order to compete in the quickly changing and consolidating box carrying business, Brazil's Grupo Libra hopes to increase the size of four container ships it plans to build. The company has reportedly applied for an increased loan from the Brazilian National Development and Social Bank (BNDES) to build vessels of 3,150 TEU capacity.  Grupo Libra originally intended to build 2,300 TEU ships when it first drew up a $304 million six vessel program two years ago.

›››File
FROM THE HOME PAGE
Marked decline in acts of piracy against ships
Marked decline in acts of piracy against ships
London
Only 16 in the first three months of 2026, the lowest number since 1991 for this time of year
IMO working to enable safe transit of ships through the Strait of Hormuz
Tehran/Washington/London
Dominguez: Two-week ceasefire is a good thing
CK Hutchison initiates arbitration against Maersk over Panama ports, but not against TiL/MSC
Panama
China and Russia veto Bahrain's resolution on freedom of navigation in the Strait of Hormuz
New York
Pakistan and Colombia abstained.
A container ship was hit by a shell near the Iranian island of Kish.
Southampton
Since February 28, 28 incidents have been reported in the region
ETF calls on the EU Commission to adopt structural measures to strengthen the resilience of the European transport sector
Brussels
Sharp increase in tanker transits through the Suez Canal in February
Sharp increase in tanker transits through the Suez Canal in February
Cairo
Overall, naval traffic in the month grew by +23.5%
Fincantieri is also focusing on alliances to develop its activities in the US
Washington
Collaboration agreement with American shipyards Fraser Shipyards and Donjon Marine
In 2025, the Ferrovie dello Stato Italiane group recorded record revenues
In 2025, the Ferrovie dello Stato Italiane group recorded record revenues
Rome
The freight transport business unit also saw growth despite a reduction in volumes handled
Iran assures Manila of safe transit of Philippine ships and seafarers through Hormuz
Manila
The Philippines imports most of its energy needs from the Middle East
Medlog (MSC Group) invests in Melbourne's old fruit and vegetable market area
Melbourne
29-hectare container storage site near Australian port
Vado Gateway staff strike confirmed for tomorrow
Genoa
Ferrari: Clarifying that part-time and fixed-term contracts are part of the National Collective Bargaining Agreement for Ports was not enough.
A project to improve the efficiency of rail services gets underway today in the Port of Rotterdam.
Rotterdam
Agreement promoted by the Port Authority and signed by six railway operators
Three European tenders are underway for the awarding of public maritime transport services to Sardinia.
Rome
They are related to the routes Genoa-Porto Torres, Naples-Cagliari-Palermo and Civitavecchia-Arbatax-Cagliari
ICS and ITF meet with Gulf States to address the impact of the Hormuz crisis on seafarers
London/Genoa
Natale Ditel is the new secretary general of the Eastern Adriatic Sea Port Authority.
Trieste
He will take office on April 13th.
Attacks on ships in the Strait of Hormuz region have resumed
Southampton
A fire broke out on an oil tanker hit by a shell. Two bombs fell into the sea near a container ship.
In 2025, the direct economic impact of cruises in the ports of Genoa and Savona was 346 million.
Genoa
Passenger spending was 157 million and airline spending was 189 million.
Agreement reached on new EU customs regime, including new taxes for e-commerce
Brussels
Mandatory use of the European Customs Data Hub from 1 March 2034
Carnival Cruise Line Reports Record Revenues for the December-February Quarter
Miami
During the period, ships hosted approximately 3.1 million passengers (-3.1%)
Nearly half a billion dollars in public resources for US ports
Washington
The funds will be used to modernize port infrastructure and activities
UNIPORT urges accelerated completion of works in the port of Naples
Rome
The level of connection of Italian ports to the global containerized maritime services network remains stable
The level of connection of Italian ports to the global containerized maritime services network remains stable
Geneva
The PLSCI index of the top seven Italian ports most connected to the network is growing
In the first two months of 2026, cargo traffic in Chinese seaports grew by +6.7%
Foreign traffic increased by 9.2%. Container traffic increased by 9.8%.
Hapag-Lloyd's revenues decreased by 15.2% in the fourth quarter of 2025.
Hamburg
Container traffic handled by the German company's fleet increased by +5.5%
The future European Union Customs Authority will be based in Lille, France.
Brussels
It is expected to employ around 250 people.
The Romanian government is reportedly preparing to nationalize the Mangalia shipyard.
Bucharest
Fincantieri reports record annual financial and commercial results.
Trieste
In 2025, revenues grew by +13.1% and the value of new orders increased by +32.4%
Damen and other creditors have rejected the reorganization plan of the Romanian shipyard in Mangalia.
Mangalia
Federagenti: Strategic port construction is behind schedule everywhere.
Genoa
Pessina asks to know the "real time" of the progress of the infrastructure
Metrans (HHLA Group) to acquire 50% of the Romanian intermodal terminal in Arad
Hamburg
The company will operate up to three trains per week between Budapest and Arad
From May 1st, the EU-Mercosur agreement will be applied provisionally.
Brussels
Sefcovic: an important step in demonstrating our credibility as a major trading partner
German shipowners propose service on merchant ships as an alternative to military service
Hamburg
Kröger: A resilient nation needs not only soldiers, but also seafarers who ensure supplies.
ICTSI and DP World sell their stakes in China's Yantai International Container Terminal
Manila
The company will become wholly owned by Yantai Port Holdings
Chinese group CSSC will build two more cruise ships for Adora Cruises
Shanghai
Option for a third vessel. The "Adora Flora City" launches today.
In the fourth quarter of 2025, freight traffic in the port of Palermo decreased by -9.6%
Palermo
Cruise passengers down by -18.7%
IMO Council resolves to establish a safe corridor in the Strait of Hormuz, but by "peaceful means and on a voluntary basis"
London
Dominguez: Concrete action is needed from all countries and stakeholders
COSCO Shipping Holdings' revenues fell by 12.2% in the last quarter of 2025.
Hong Kong
Containerized volumes transported by the fleet grew by +5.1%
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
Geneva
Economists at the World Trade Organization foresee two scenarios
In 2025, CK Hutchison terminals handled a record 90.1 million containers (+3%)
Hong Kong
The president of the Chinese group confirms the difficulty of negotiations to sell a large part of the port portfolio to MSC and BlackRock
Assiterminal expresses concern over the impact of the Middle East crisis on port terminal activity.
Genoa
Ferrari: the cruise sector also involved
Two more ships were hit by shells in the Strait of Hormuz region
London/Southampton
Incidents near the coasts of the United Arab Emirates and Qatar
MSC and Ga-Hyun Chung announce joint control of Sinokor
Athens/Nicosia
Proposal to establish a safe maritime corridor to evacuate ships stranded in the Persian Gulf
London
It has been put forward by Bahrain, the United Arab Emirates, Japan, Mexico, Panama and Singapore
Dominguez calls on the IMO Council to conduct informal deliberations and define practical measures to resolve the Hormuz crisis.
London
From the statements presented, it is unlikely that anything more than declarations of principle will be made.
To respond to geopolitical shocks, shipping must have reliable operational data
London/Rotterdam
Lloyd's Register, OneOcean and PortXchange discuss digitalization and artificial intelligence in the sector
China's COSCO Shipping Ports' profit and loss account weighs on rising operating costs.
Hong Kong
Revenue reached a record high of nearly $1.7 billion last year.
Tanker hit near Strait of Hormuz
Portsmouth
A bullet caused minor damage. The crew was unharmed.
Sharp increase in transshipment containers in the port of Barcelona
Barcelona
In February, overall freight traffic increased by +8.1%
PPC denounces that the Republic of Panama is delaying the arbitration at the ICC
Panama
The Chinese company continues to reiterate the illegality of the seizure of the Balboa and Cristóbal port terminals
Alessandro Becce is the new Secretary General of the Sardinian Sea Port Authority.
Cagliari
Bagalà: EU ETS application for major and minor islands must be cancelled
Operation Aspides' mandate will not be extended to the Strait of Hormuz at this time.
Brussels
This was announced by the High Representative of the European Union for Foreign Affairs, Kaja Kallas.
Greece and Italy reject the extension of Operation Aspides to the Strait of Hormuz.
The ships of the two nations constitute the naval force of the European mission
Freewheels: The government has broken its promise regarding fuel taxes.
Modena
Franchini: Continuing to treat road haulage like a tax cash machine is simply irresponsible.
Pessina (Federagenti): Shipping will also overcome the Strait of Hormuz crisis.
Genoa
We hope - he specified - that we will soon move in the direction of a progressive normalization.
Israel's eastern Mediterranean coast has been designated a high-risk area for the safety of ships and crews.
London
Resolution of the International Bargaining Forum
Evergreen Marine Corporation's revenues decreased by 26.0% in the fourth quarter of 2025.
Taipei
Quarterly net profit down 71.8%
EU Commission and EIB support for investment projects in small and medium-sized ports
In the second half of 2025, OOIL's revenues decreased by -20.0%
Hong Kong
Net profit down 67.9%
In transalpine freight transport through Switzerland, rail is losing further market share to road transport
Bern
Dramatic development - a report underlines - from the point of view of Swiss modal shift policies
An extraordinary IMO council will be held on 18 and 19 March to discuss the situation in the Middle East.
London
As of yesterday, the attacks on ships have resulted in the death of eight sailors and the wounding of ten, in addition to three missing.
In 2025, combined road/rail traffic handled by Hupac grew by +4.3%
Noise
The need to extend the application of contributions to transalpine combined transport beyond 2030 was reaffirmed.
Yang Ming to order six new 13,000 TEU dual-fuel LNG containerships
Keelung
The fourth quarter of 2025 was closed with a net profit down by -81.2%
The resumption of shipping traffic through Suez does not appear to be affected by the blockade in the Strait of Hormuz
Cairo/Southampton/Washington/Genoa
While ships increased by 1.9% in January, growth in the canal has since been more sustained. War material seized in the port of Genoa.
US prepares to attack Iranian ports
Tampa/Muscat
Centcom warns civilians to immediately avoid all port facilities. Drones over the port of Salalah.
MSC to build container terminal at Snake Island Port in Lagos
Geneva
45-year concession agreement with Nigerdock
Attacks on ships in the Strait of Hormuz resume
Southampton/Geneva
A container ship was damaged. A fire broke out on another vessel. UNCTAD raised alarm over the effects of the disruption to maritime traffic in the region.
Three crew members of a bulk carrier stricken in the Strait of Hormuz are missing.
Bangkok
Twenty seafarers were disembarked in Oman
ONE's stake in Poseidon (Seaspan Corporation) will rise to 48.9%
Singapore/Toronto
Investment worth $1.07 billion
FS Logistix and Grimaldi Euromed sign agreement to develop integrated sea-rail transport solutions.
Verona
Confitarma requests the possible deployment of Italian Navy units to the Persian Gulf and Strait of Hormuz area.
Rome
Zanetti: A concrete sign of attention to protecting the country's strategic interests.
Scotland debates taxing cruise ships
Three fifths of those interviewed said they were in favour of granting local authorities the power to introduce a tax
Last year, freight traffic in German ports amounted to 284.4 million tonnes (+3.8%).
Wiesbaden
Imports increased by +5.3%
In January, freight traffic in the ports of Genoa and Savona-Vado Ligure fell by -4.9%.
Genoa/Ravenna
A growth of +12.5% was recorded in the port of Ravenna
In 2025, ZIM's revenues fell by -18.1%
In 2025, ZIM's revenues fell by -18.1%
Haifa
The decline was more pronounced in the fourth quarter (-31.5%). Glickman: the merger with Hapag-Lloyd is very positive for shareholders.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Bremen
In the fourth quarter alone, growth was +5.4%, with container loads increasing by 11.8%.
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
La Spezia
At the port of Marina di Carrara, traffic was 4.8 million tonnes (-0.7%)
PPC and CK Hutchison warn that they will assert all their rights and seek full compensation from Panama
Hong Kong
In 2025, the PSA terminal operator group recorded record revenues
Singapore
Operating profit up 19.0% and net profit up 0.5%
In February, freight traffic in the port of Ravenna decreased by -8.9%
Ravenna
An increase of +1.3% is expected for the month of March
Over 600 illegal workers discovered in the logistics sector
Rome
Coordinated and continuous collaboration contracts that masked actual subordinate employment relationships
RINA and Hanwha collaborate on battery-hybrid propulsion systems for ferries
Genoa/Busan
The projects will concern both existing and newly built vessels
French shipping company TOWT has been placed into administration
Le Havre
The company has two sailing cargo ships
Casciano (Vado Gateway): The final design for the new Bossarino toll booth in Vado Ligure has received approval.
Vado Ligure
The hope - he said - is that the work can be completed as soon as possible.
A forum on the economy, ports, and investments between Italy and North Africa will be held in La Spezia.
La Spezia
Scheduled for April 9th and 10th at the headquarters of the Port Authority of the Eastern Ligurian Sea
The Italian government has extended the reduction in excise duties on fuel
Rome
The deadline has been extended to May 1st. 60% of the resources come from the ETS.
Number of ships undergoing repairs in Greece remains stable
Piraeus
Interventions carried out in dry dock are decreasing
The Gaia Blu research vessel will serve as Italy's technological platform for autonomous navigation.
Rome
Towing operations of the LNG vessel Arctic Metagaz fail.
Tripoli
The LNG carrier is currently out of control and adrift
Yesterday a bulk carrier ran aground while transiting the Suez Canal
Ismailia
The incident was resolved within four hours
Confitarma and Assarmatori: The crisis puts maritime connections to the islands at risk.
Rome
Dominguez (IMO) urges States to coordinate to address the Hormuz maritime crisis
London
Since February 28, 21 attacks against vessels have occurred in the area
The La Spezia freight forwarders' association is urging measures to maintain the port's operational efficiency.
La Spezia
Due Torri is equipping itself with a 15,000-square-meter logistics hub at the Bologna Interporto.
Minerbio
In 2025, the Emilian company's turnover grew by +13.9%
The 2026 Italian Port Days program will begin soon.
Rome
The theme is "Italy, Gateway to the Mediterranean: Dialogues between Landings and Cities"
Port of La Spezia: First test for hydrogen refueling from dockside mobile vehicle to vessel
La Spezia
Bunkering trials at the Baglietto shipyard
NYK consolidates its operations in the dry bulk maritime transport segment
Tokyo
Group leaders appointed in eight European countries
Last year, freight traffic in Tunisian ports decreased by -5.2%
La Goulette
In the fourth quarter alone the decline was -8.5%
The Guardia di Finanza will use new drones to monitor the Gioia Tauro port area.
Gioia Tauro
The ports of Genoa and Savona-Vado will implement new PCS usage rights management procedures starting tomorrow.
Genoa
The measure does not introduce new charges
Nearly 400 kg of pure cocaine seized in the port of Gioia Tauro
Reggio Calabria
Three distinct operations performed within a week
Confitarma, with the Energy Decree, now is the time to allocate resources to maritime transport.
Rome
Baleària will have its own ferry terminal in the port of Barcelona
Barcelona
It will become operational in a year. Investment of €25.3 million.
In 2025, freight volumes transported by DB Cargo decreased by -8.1%
Berlin
Revenues fell by -8.0%
ONE has acquired 30% of Hutchison Laemchabang Terminal
Singapore
The company operates Terminals D, C1 & C2 and A3 of Laem Chabang Port
A Filt Cgil meeting on port work will be held tomorrow in Genoa.
Rome
It will be held at 10 am in the Port Call Room
Last month the port of Singapore handled 3.4 million containers (+3.2%)
Singapore/Hong Kong
Container traffic in Hong Kong fell by -8.0%
ALIS, the use of ETS revenues to encourage intermodality is a good idea.
Rome
Di Caterina: We hope for a significant increase in the financial resources for the Sea Modal Shift and Ferrobonus instruments starting next year.
CIMC's container sales fell by -31.9% last year.
Hong Kong
Revenues in the container segment fell by -30.9%
Pros and cons of hydrogen applications for decarbonization of the maritime and port sector
Genoa
It was discussed at the Propeller Club - Port of Genoa
In the third quarter of 2025, cargo traffic in Greek ports decreased by -3.6%.
Piraeus
Passengers increased by +1.2%
Confitarma praises legislative initiative for the maritime sector
Rome
Regulatory simplification is a good thing, an essential element for strengthening the competitiveness of national armaments
Assarmatori welcomes the Senate's approval of the "Promoting Marine Resources" bill.
Rome
Messina: overcomes a limitation of the Navigation Code that allows only Italian and EU citizens to join Gente di Mare.
The port system of Venice and Chioggia generates a production value of approximately 15 billion euros
Venice
Direct employees are 26,898 and, including related industries, they rise to 218,853
Green light for aid to reopen the Orbassano-Aiton Alpine Railway Highway.
Brussels
The European Commission authorizes subsidizing the service
Fit Cisl Savona, alarm raised over the potential impact on jobs of the drop in traffic at Vado Gateway.
Savona
The Gioia Tauro Port Authority Management Committee approved the reimbursement of mooring fees.
Gioia Tauro
1.5 million euros allocated
Prologis and Singapore's GIC to form joint venture to invest $1.6 billion in new fulfillment centers in the U.S.
San Francisco/Singapore
The initial portfolio is approximately 380 thousand square meters
The Management Committee of the Port Authority of Genoa and Savona-Vado has taken note of the framework agreement with PSA
Genoa
The update of the Integrated Activity and Organization Plan has been approved.
Hanwha Ocean and ONEX Sign Naval Shipbuilding Agreement
Seoul/Eleusis
The first project in sight is submarines for the Greek Navy
The Antitrust Authority has not opened an investigation into CEVA Logistics' acquisition of the Fagioli group.
Rome
The AGCM believes that the operation will not impede competition or create a dominant position
Singapore's ONE acquires stake in Dongwon Pusan Container Terminal
Singapore
The company operates at the Gammam and Singamman docks of the Port of Busan
EIB finances shore power installation in Rotterdam port
Rotterdam
A loan of 90 million euros has been granted
High-tech exoskeletons to ease the burden on dockworkers in the Port of Livorno.
Livorno
Experiment in collaboration with the Livorno Port Company
Salvatore Lauro, a shipowner from Campania, died yesterday in Ischia.
Naples
He was a senator of the Republic from 1996 to 2005
APM Terminals acquires 49% stake in Vietnam's Hateco Hai Phong International Container Terminal
The Hague/Hanoi
Third phase of construction of Mexico's Lázaro Cárdenas terminal begins
FedEx revenues increased by 8.3% in the December-February quarter
Memphis
Quarterly net income was $1.06 billion (+16.2%)
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
London pledges £746 million to renovate Nigeria's two ports, Apapa and Tin Can Island, in Lagos.
London
Agreement between UK Export Finance and the Nigerian Ports Authority
Fabrizio Urbani is the new secretary general of the Port Authority of the Central-Northern Tyrrhenian Sea.
Civitavecchia
Unanimous resolution of the Management Committee
In the fourth quarter of 2025, French ports handled 74.2 million tonnes of goods (+7.2%)
La Defense
UNI/Fermerci reference practices on staff training presented at MIT
Rome
The Council of State has rejected the relocation of Genoa's chemical warehouses.
Rome/Genoa
The AdSP declares itself ready for a technical discussion within the framework of a specific initiative by the municipal administration
FS Logistix and Nurminen Logistics inaugurate a new weekly rail service between Sweden and Italy
Rome
2,500 kilometer route
Hapag-Lloyd signs maritime cooperation agreement with Indian government
Hamburg
Plans to bring ships under the Indian flag and collaborate in the development of ship recycling and Vadhavan port
A project for the digital transformation and technological development of the port of Gioia Tauro has been funded.
Gioia Tauro
Resources worth almost two million euros for the Port Authority of the Southern Tyrrhenian and Ionian Seas
Keel-laying and coin-laying ceremony for a new ferry under construction for ACTV
Piombino
It took place in the Piombino Industrie Marittime shipyard
Touax Container Services increased container sales by 36% in 2025
Paris
Revenues decreased by -5% in the year
In 2024, international seaborne freight traffic reached a record 24.1 billion tonnes
Geneva
New historic peak in dry cargo
Medlog (MSC Group) will acquire the remaining 29% of MVN from Logistics Project Italia
Rome
The operation has been notified to the Antitrust Authority
Greek group Attica Holdings continues its fleet renewal plan
Athens
Purchase of two catamarans for €15 million. Long-term lease of the "GNV Bridge" ferry.
Germany's Arvato has acquired Canada's THINK Logistics
Mississauga/Gütersloh
The company, founded in 2012, is headquartered in Mississauga, Ontario.
Banco BPM's €55 million financing to Grimaldi Euromed
Naples/Milan
Partially covers the purchase of the new ship "Grande Inghilterra"
Two new state-of-the-art ship-to-shore cranes have arrived at the PSA SECH terminal.
Genoa
They will be operational from June
Stolt-Nielsen sells 50% of Avenir LNG to NYK Line
Oslo/Tokyo
The company operates in the liquefied natural gas bunkering sector
Only 7% of the workers in the port companies and terminals of La Spezia and Marina di Carrara are women
La Spezia
Costa cancels cruises originally scheduled to sail to the Middle East
Genoa
The company currently has no vessels operating in the region.
In 2025, d'Amico International Shipping's time charter revenues decreased by -29.0%.
Luxembourg
Fourth quarter decline eases
NYK to become sole owner of Norway's Saga Welco
Tokyo/Tønsberg
The Tønsberg company has a fleet of 48 open-hatch vessels
Grimaldi Group's Valencia Terminal Europa will manage the new car terminal at the port of Sagunto.
Valencia
Grimaldi has taken delivery of the new PCTC Grande Seoul
Naples
It is the ninth ammonia-ready unit of the Neapolitan shipping group
The Cagliari-Algeria service operated by Maersk and Grendi will soon dock at the Giammoro di Milazzo pier.
Messina
It will be held on a weekly basis
DP World reported record annual operating and financial results
Dubai
In 2025, container traffic increased by +5.8% and revenues by +22.0%
Falteri (Federlogistica): The consequences of the war in Iran are only in their infancy.
Genoa
There is a dramatic congestion of perishable products in the hub airports of the Gulf, he underlined.
Two additional new Medium Range 2 tankers for d'Amico Tankers
Luxembourg
Exercised options with Chinese shipyard Jiangsu New Yangzi Shipbuilding Co.
Japan's MOL has acquired 25% of V.Ships France
Tokyo/London
The remaining 75% of the capital remains with V.Ships
ICTSI reports record annual and quarterly financial and operating performance
Manila
Last year the group's port terminals handled 14.5 million containers (+11.0%)
Wan Hai Lines' revenue decreased by 13.3% in 2025
Taipei
The company will buy four new 6,000 TEU container ships and two 9,200 TEU container ships.
Observatory on the presence of women in the blue economy sector
Milan
Initiative by WISTA Italy and the Maritime Federation
The first train will depart from the Pordenone Interport on April 2nd.
Pordenone
Ausserdorfer (InRail): We have already received new requests and contracts to increase connections
Triple ceremony for Explora Journeys at Fincantieri's Sestri Ponente shipyard
Genoa
Technical launch of "Explora IV", coin ceremony of "Explora V" and start of construction of "Explora VI"
The Propeller Club of the Ports of La Spezia and Marina di Carrara has renewed its board of directors.
La Spezia
Gianluca Agostinelli and Federica Maggiani confirmed as president and vice president
The Tunisian government decides to start construction of the port of Enfidha
Tunis
52,000 jobs expected to be created
Hundreds of containers of temperature-controlled plant-based food products are held up in the port of Genoa.
Genoa
Spediporto reports it
The La Spezia Freight Forwarders Association has established a terminal freight forwarder section.
La Spezia
The aim is to strengthen the representation and enhance the value of inland logistics.
FHP Intermodal launches rail service from northern Italy to Bari and Catania
Foggia
Initially, two pairs of trains are scheduled to depart per week.
Managing maritime shipments in a scenario made extremely complex by the crisis in the Middle East
Genoa
Botta (Spediporto) and lawyer Guidi suggest how to handle difficulties
The new Norwegian Luna cruise ship will be delivered in Marghera.
Trieste
It is the second unit of the "Prima Plus" class built by Fincantieri
Assiterminal: The EU's port strategy is a success.
Genoa/Brussels
Seas At Risk, One Planet Port, and IFAW are concerned about the proposed regulation's reference to expediting environmental impact assessments.
The first electrical cabin dedicated to the cold ironing system has been completed in the port of Gioia Tauro.
Gioia Tauro
In April, the first connection of a container ship to a mobile socket
Konecranes revenues remained stable in 2025
Helsinki
The value of new orders grew by +9.7%, with a +21.3% for port vehicles
Finnlines' net profit increased by 50.7% in 2025
Helsinki
Revenues up 2.0%
Ravenna has been designated Capital of the Sea 2026
Rome
Petri (Assoporti): its port is a strategic hub for the national economy
Large shipment of ammunition and detonators seized in the port of Ancona
Ancona
He was about to be embarked on a ferry intended for the exclusive transport of passengers
2025 record for the American cruise group Viking Holdings
Los Angeles
Revenues grew by +21.9%
UECC has ordered China Merchants Jinling to build two PCTCs
Oslo
They will have a capacity of 3,000 CEUs and will be taken into delivery in 2028.
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
A forum on the economy, ports, and investments between Italy and North Africa will be held in La Spezia.
La Spezia
Scheduled for April 9th and 10th at the headquarters of the Port Authority of the Eastern Ligurian Sea
A Filt Cgil meeting on port work will be held tomorrow in Genoa.
Rome
It will be held at 10 am in the Port Call Room
››› Meetings File
PRESS REVIEW
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
Russian shipbuilding holding USC designing high ice-class container ship for Rosatom for Northern Sea Route
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Kuehne+Nagel plans more significant staff cuts
Schindellegi
Worsening economic results in the fourth quarter of 2025
Public notice from the Northern Tyrrhenian Sea Port Authority to select the new Secretary General
Livorno
The procedure is not competitive in nature and no selection process is foreseen.
KKCG Maritime publishes a partial tender offer to increase its stake in Ferretti from 14.5% to 29.9%.
Milan/Hong Kong/Prague
The offer is not aimed at delisting the shares
Norovirus outbreak on second Holland America Line cruise ship
Hong Kong
65 passengers and 11 crew members of the "Westerdam" were injured.
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