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Independent journal on economy and transport policy
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BRIEFS
April 24, 1998
Shipping Timesweb site
Shipping News
  • Court rejects Patrick request for appeal
    Sacked workers must now be allowed to return to their jobs after noon today
  • Star Cruises' Port Klang terminal fully operational
  • Big improvement in pilotage service
  • Port of Long Beach's Asian cargo soars 34%
Air and Land Transport
  • Foreign investment in China aviation firms: rules to ease
    Proposal to raise limit on foreign investment to 49% from 35%
  • Historic airline flights over N Korea re-routed
  • FedEx to buy 20 used planes from SAirGroup
  • Northwest union staff behind flight delays
  • European Commission Line is overdrawn discussing rules to limit night flig
Features
  • Suitors queue for PAL stake
    British Airways and Lufthansa are said to be interested in the ailing airline but Northwest denies interest
Columns
  • Court criticises master, second officer of ship involved in collision

Shipping Timesweb site
Shipping News
  • Court rejects Patrick request for appeal
    Sacked workers must now be allowed to return to their jobs after noon today
  • Star Cruises' Port Klang terminal fully operational
  • Big improvement in pilotage service
  • Port of Long Beach's Asian cargo soars 34%
Air and Land Transport
  • Foreign investment in China aviation firms: rules to ease
    Proposal to raise limit on foreign investment to 49% from 35%
  • Historic airline flights over N Korea re-routed
  • FedEx to buy 20 used planes from SAirGroup
  • Northwest union staff behind flight delays
  • European Commission Line is overdrawn discussing rules to limit night flig
Features
  • Suitors queue for PAL stake
    British Airways and Lufthansa are said to be interested in the ailing airline but Northwest denies interest
Columns
  • Court criticises master, second officer of ship involved in collision

Shipping Timesweb site
Shipping News
  • Court rejects Patrick request for appeal
    Sacked workers must now be allowed to return to their jobs after noon today
  • Star Cruises' Port Klang terminal fully operational
  • Big improvement in pilotage service
  • Port of Long Beach's Asian cargo soars 34%
Air and Land Transport
  • Foreign investment in China aviation firms: rules to ease
    Proposal to raise limit on foreign investment to 49% from 35%
  • Historic airline flights over N Korea re-routed
  • FedEx to buy 20 used planes from SAirGroup
  • Northwest union staff behind flight delays
  • European Commission Line is overdrawn discussing rules to limit night flig
Features
  • Suitors queue for PAL stake
    British Airways and Lufthansa are said to be interested in the ailing airline but Northwest denies interest
Columns
  • Court criticises master, second officer of ship involved in collision

Shipping Timesweb site
Shipping News
  • Court rejects Patrick request for appeal
    Sacked workers must now be allowed to return to their jobs after noon today
  • Star Cruises' Port Klang terminal fully operational
  • Big improvement in pilotage service
  • Port of Long Beach's Asian cargo soars 34%
Air and Land Transport
  • Foreign investment in China aviation firms: rules to ease
    Proposal to raise limit on foreign investment to 49% from 35%
  • Historic airline flights over N Korea re-routed
  • FedEx to buy 20 used planes from SAirGroup
  • Northwest union staff behind flight delays
  • European Commission Line is overdrawn discussing rules to limit night flig
Features
  • Suitors queue for PAL stake
    British Airways and Lufthansa are said to be interested in the ailing airline but Northwest denies interest
Columns
  • Court criticises master, second officer of ship involved in collision

Sched Netweb site
  • Rates rising on Japan northbound routes
  • Yang Ming looks to China
  • Cosco operation links Japan and Sichuan
  • MPA shares port expertise with Eritrean visitors
  • Evergreen renews LA lease
  • Halla completes two boxships
  • BAX Global acquires US-based carrier
  • B727 debate `goes public'
  • Consolidator aims for expansion down under
  • Manchester Airport sees record cargo volumes

Cargowebweb site
APRIL 23, 1998
  • French Railroads reduce losses
  • 9.3 per cent Antwerp transhipment growth
  • Commotion in French port of Calais
  • Amsterdam Airport grows too fast
  • Dutch shipbuilders fear Korean advantages

The Journal of Commerceweb site
Home
  • Canada to unilaterally raise tolls on Seaway
  • UP posts loss as chief vows brighter future
  • 3 lines back off Australia alliance
  • 'Gray market' dealers see green in US, silver lining in Asia's woes
  • EU at odds with U.S. on trade talks strategy
  • South Africa urges WTO go easy on poorer states
  • China seen unable to find market for corn exports
  • Union-Transport signs forwarding pact with U.K.'s Kenney Transport
  • APL adding 2,400 53-foot boxes to domestic fleet
Transportation
  • House committee opens hearings on rails
  • New US air guidelines on competition draw criticism from overseas officials
  • Europe's air cargo sector hitting a sound barrier
  • EU weighing ground rules for banning night flights
  • KCS Industries posts 62% gain in profit
  • Greenbrier reorganizes, forms 2 business groups
  • Navistar opens plant south of the border
  • Airbus says freighter on schedule
Maritime
  • ILWU backs Australia strike
  • Asia-Europe carriers raise westbound rates
  • New York port seen stemming tide of cargo diversion
  • Miami port retaking control after firing of crane operator
  • Conference to raise box rates in Mediterranean-US trade
  • Jack R. Dant dies at 88; former steamship president
  • Tanker to test icebreaker technology
  • Justices: Federal courts have power to decide shipwreck claims

The Journal of Commerceweb site
Home
  • Canada to unilaterally raise tolls on Seaway
  • UP posts loss as chief vows brighter future
  • 3 lines back off Australia alliance
  • 'Gray market' dealers see green in US, silver lining in Asia's woes
  • EU at odds with U.S. on trade talks strategy
  • South Africa urges WTO go easy on poorer states
  • China seen unable to find market for corn exports
  • Union-Transport signs forwarding pact with U.K.'s Kenney Transport
  • APL adding 2,400 53-foot boxes to domestic fleet
Transportation
  • House committee opens hearings on rails
  • New US air guidelines on competition draw criticism from overseas officials
  • Europe's air cargo sector hitting a sound barrier
  • EU weighing ground rules for banning night flights
  • KCS Industries posts 62% gain in profit
  • Greenbrier reorganizes, forms 2 business groups
  • Navistar opens plant south of the border
  • Airbus says freighter on schedule
Maritime
  • ILWU backs Australia strike
  • Asia-Europe carriers raise westbound rates
  • New York port seen stemming tide of cargo diversion
  • Miami port retaking control after firing of crane operator
  • Conference to raise box rates in Mediterranean-US trade
  • Jack R. Dant dies at 88; former steamship president
  • Tanker to test icebreaker technology
  • Justices: Federal courts have power to decide shipwreck claims

The Journal of Commerceweb site
Home
  • Canada to unilaterally raise tolls on Seaway
  • UP posts loss as chief vows brighter future
  • 3 lines back off Australia alliance
  • 'Gray market' dealers see green in US, silver lining in Asia's woes
  • EU at odds with U.S. on trade talks strategy
  • South Africa urges WTO go easy on poorer states
  • China seen unable to find market for corn exports
  • Union-Transport signs forwarding pact with U.K.'s Kenney Transport
  • APL adding 2,400 53-foot boxes to domestic fleet
Transportation
  • House committee opens hearings on rails
  • New US air guidelines on competition draw criticism from overseas officials
  • Europe's air cargo sector hitting a sound barrier
  • EU weighing ground rules for banning night flights
  • KCS Industries posts 62% gain in profit
  • Greenbrier reorganizes, forms 2 business groups
  • Navistar opens plant south of the border
  • Airbus says freighter on schedule
Maritime
  • ILWU backs Australia strike
  • Asia-Europe carriers raise westbound rates
  • New York port seen stemming tide of cargo diversion
  • Miami port retaking control after firing of crane operator
  • Conference to raise box rates in Mediterranean-US trade
  • Jack R. Dant dies at 88; former steamship president
  • Tanker to test icebreaker technology
  • Justices: Federal courts have power to decide shipwreck claims

Cyber Shipping Guide - Ocean Commerceweb site
  • Japanese dockers rap Patrick
  • US plans to introduce air user fees
  • Westbound box traffic from US dips 16.6%
  • Philippine THC to be raised 20% effective July 1
  • COSCO expedites LCL cargo delivery at Xiamen
  • Australia-Asia pact formalized at signing

World Wide Shipperweb site
  • Crowley Maritime subsidiary puts new tractor tug to work
  • Alliance inks pact for start of service
  • Port of Seattle names Ray Rawe director of engineering services
  • Air Alaska plans to buy Paradise Island Airlines
  • Bridge adds vessel to Puerto Rico run

Lloyd's Listweb site
  • Patrick workforce reinstated
    THE full bench of the Federal Court in Melbourne has upheld the injunction forcing Patrick Stevedores to re-instate the 1,400 union work-force it sacked two weeks ago.
  • Union widens claims
    UNTIL the full trial of the case in July, Patrick now has two workforces: the reinstated union members and the non-union staff from its new labour suppliers, writes Kevin Chinnery, Sydney.
  • Taiwan Navigation ready for flotation
    ANALYSTS are expecting a luke-warm reception for the stock market listing of the Taiwanese national line, Taiwan Navigation Co Ltd, in mid-June.
  • Kim Dae-jung
    South Korean president Kim Dae-jung addresed a conference on the Korean economy in Seoul yesterday in which he emphasised the necessity of democracy and market economies to the overcoming of Asia's problems - a favourite theme.
  • Drought threat to China grain
    EMERGING water shortages in China are threatening an upheaval in world grain markets, the Washington-based Worldwatch Institute has warned.
  • Cho Yang Acehas
    The German flag Cho Yang Acehas made her inaugural call at Hamburg. The 4545 teu Hyundai newbuilding is the last of 10 units ordered by Norddeutsche Vermogen at Hamburg for management by Rostock-based F Laeisz in a long-term charter to DSR-Senator Lines at Bremen and Cho Yang at Inchon. The Cho Yang Ace joins a pendulum service between the Far East, Europe and the US.
  • Contractual shake-up for salvors urged
    A LEADING salvage expert has called on the salvage community and the insurance industry to formulate a modern contractual system in which their financial obligations are included at the outset, not determined retro-spectively and litigously.
  • Profit rises at reorganised Golden Ocean
    TANKER and bulk carrier owner and operator Golden Ocean Group reported an increase in net income to $9.1m last year, up from $8.4m in 1996. Operating revenue climbed 58% to $52m.

Fairplayweb site
APRIL 23, 1998
  • Owners to fight union's action in PNG
    SHIPOWNERS in Papua New Guinea are preparing legal action to stop the PNG Maritime Workers' Union involving the nation in Australia's stevedoring dispute.
  • Internatio-Muller adds German broker
    DIVERSIFIED Dutch group Internatio-Muller hopes to complete the acquisition of Hamburg-based shipbroker Detjens by the end of the month.
  • Evergreen launches north Europe-ECSA service
    EVERGREEN is launching its north Europe-South America service this week.
  • Taiwan Navigation to raise $54m
    TAIWAN Navigation hopes to raise $54m by offering 28 per cent of its shares to the public and another 30 per cent to its employees.
  • ICTSI to bid for more terminals
    MANILA-based terminal operator ICTSI says it will bid for the management and operations of four or five new ports in Latin America and the Middle East this year.
  • Fairyoung involves Ho in ports deal
    FAIRYOUNG Holdings has finally concluded the sale of subsidiary Pacific Ports to New World in a revised deal that now involves Macau gambling tycoon Stanley Ho.
  • Sales cut China Shipping losses
    HONG Kong-listed China Shipping Development reduced its losses to Yuan74.6m ($8.95m) last year from Yuan157.5m in 1996 with ship sales.
  • Australia-Asia Alliance formalised
    FOUR Asian shipping lines formalised their new Australia-Asia Alliance at a signing ceremony in Sydney today.
  • Patrick ordered to re-employ sacked wharfies
    AUSTRALIA's waterfront crisis took a new turn today when the full Federal Court ordered Patrick stevedoring company to re-employ the unionised workforce it sacked before Easter.
  • Golden Ocean turnover rises sharply
    UK-based vlcc and bulk carrier owner Golden Ocean reported a 58 per cent increase in turnover for 1997, but profit rose by only 12 per cent.
  • Beaches closed as vessel sinks off Hong Kong
    HONG Kong's government sealed off five beaches after a China-flagged ship carrying a container full of ammonium chloride sank before dawn on April 21.
  • Two Italian yards to be privatised
    TWO Italian state owned shipyards, INMA La Spezia and NCA Marina di Carrara, are up for sale.
  • Leif Hoegh hit by forex losses
    A GOOD performance by its vehicle carrier business was not enough to offset an increase in foreign exchange losses at Leif Hoegh.
  • Bergesen appoints new md and chairman
    SVEIN Erik Amundsen will become md of Norwegian bulk shipping group Bergesen dy if approved at the agm on April 29.
  • Calais ferry blockade lifted
    A BLOCKADE of the French port of Calais by port workers protesting against the dismissal of a SeaFrance officer has been lifted.
  • Indian government may transfer SCI stake
    THE Indian government is considering transferring 30 per cent of its stake in Shipping Corp of India to five public sector oil companies.
  • New oil jetty for Mangalore
    INDIA'S surface transport ministry has given environmental clearance for the construction of a second captive crude oil jetty at Mangalore.
  • Central Gulf Lines switches to US flag
    CENTRAL Gulf Lines, a subsidiary of International Shipholding Corp of New Orleans, has reflagged a Panamanian-registered vessel under the US flag.

Daily Commercial Newsweb site
  • Builders in broadside at IC
    Australian shipbuilders have dismissed the industry Commission's submission to the Shipbuilding Review panel a bureaucratic nonsense, describing the recommendation to abandon the bounty as being 'extremely naïve'.
    Australian Shipbuilders Association chairman Robert Clifford said removing the bounty would result in the loss of contracts to overseas yards in the same way that occurred when the bounty scheme was in doubt in 1996-97.
  • NSW ports lead, says minister
    New South Wales ports - or at least those wharves operated by P&O Ports - are doing a roaring business according to the state government, despite the continuing row between Patrick and the Maritime Union of Australia.
    The NSW Minister for Ports Kim Yeadon, claimed that state's ports will be operating at about 70 per cent capacity as far as container movements are concerned following discussions between the MUA and the NSW Farmers Association, chaired by the NSW Premier Bob Carr.
  • More overseas unions join dock's protest
    Overseas unions affiliated with the International Transport Workers' Federation have been stepping up their campaign to support dismissed members of the Maritime Union of Australia.
    In London, the ITF has set up a dispute centre with dedicated staff to coordinate and monitor international action.
  • Charlton to double WA efforts on the waterfront
    Western Australian Transport Minister Eric Charlton says the industrial turmoil over the past two weeks has made him even more determined to reform the western waterfront.
    He said the state's port authority boards were considering a range of reform measures including the use of workplace agreements and contracting out of a range of port functions.
  • Triple A launched as ASA mulls move
    Four major Asian shipping companies yesterday signed an agreement in Sydney to formalise the Asia-Australia Alliance - or triple A consortium -on the eve of a likely announcement of a major expansion by a competing group.
    Triple A comprises MISC, MOL OOCL and PIL and will shortly begin Australia-South-East Asia service operated under two separate loops, with four vessels in each loop.

TradeWindsweb site
  • Reaching for the big prize
    BULGARIA'S state-owned Navigation Maritime Bulgare is the target of an ambitious bid involving a $200m junk bond issue. If the plan succeeds, the 100-strong fleet could find itself belonging to a company that will seek a stock market listing. The identity of those involved in the bid remains secret but there is every reason to believe they are serious, say London brokers.
  • Broker alert
    RICHARD FULFORD-SMITH, one of the leading figures in the sale and purchase world, is warning that irresponsible vessel valuations risk dragging his profession into disrepute.
  • The big sell-off
    THE BIG SELL-OFF by Korean shipowners is approaching $1bn with close to 50 ships sold in the last few months. More tonnage is expected to follow shortly.
  • Cutting prices
    ONE OF KOREA'S biggest yards admits it is cutting its newbuilding prices to win business. But the demands of one owner have proved too much for a rival yard, which has called off talks.
  • Who's at the helm?
    THE CRUISESHIP "Topaz" is under the spotlight. Operators had to cancel its latest cruise and fly hundreds of passengers home just as speculation is growing about aspects of its management and links with Cunard president Paris Katsoufis.
  • Baltic unrest
    MUTINY IS BREWING down at the Baltic Exchange with allegations flying that hundreds of thousands of pounds are being wasted.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
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
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
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
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
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
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.
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.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
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
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.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
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
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
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%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
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.
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.
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
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
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
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.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
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
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
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.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
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%)
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
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%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
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.
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
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.
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%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
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.
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
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
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%)
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
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
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%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
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%
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%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
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
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
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
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
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
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
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.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
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.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
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
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.
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.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
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
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
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
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
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.
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
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
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
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.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
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
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.
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
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
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
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.
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
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%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
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
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
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
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
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
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%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
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
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
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
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
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%)
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%
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%.
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%.
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
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
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
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%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
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
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
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%
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 Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "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
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
(Interfax)
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
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
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
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.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
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.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
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%)
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.
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