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Independent journal on economy and transport policy
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BRIEFS
October 27, 1998
Shipping Timesweb site
Shipping News
  • Electronic charts hailed as navigational breakthrough
    But implementation of new development will not be easy, conference told
  • PSA chairman made honorary fellow of Cambridge college
  • Two Mexican ports remain shut
  • Thai ferry death toll rises to 15
  • Two Taiwanese sailors killed in typhoon off Philippines
  • Dubai port firm to manage Beirut terminal
Air and Land Transport
  • New Milan airport takes off despite 1st-day hitches
    US$1.2b Malpensa airport opening not as disastrous as KL, Hongkong
  • Qantas resumes services to France after 3-yr break
  • Korean Air to sell 8 jets, add new planes
  • Japan approves 2nd domestic carrier
  • Few carriers making use of North Korean air space
  • MAS shifts some domestic flights to old KL airport
  • P&W wins US$180m engine order from Delta
Features
  • Airlines offer bargain fares
    Hard hit by Asia's economic woes, the region's airlines are slashing fares to attract passengers

Shipping Timesweb site
Shipping News
  • Electronic charts hailed as navigational breakthrough
    But implementation of new development will not be easy, conference told
  • PSA chairman made honorary fellow of Cambridge college
  • Two Mexican ports remain shut
  • Thai ferry death toll rises to 15
  • Two Taiwanese sailors killed in typhoon off Philippines
  • Dubai port firm to manage Beirut terminal
Air and Land Transport
  • New Milan airport takes off despite 1st-day hitches
    US$1.2b Malpensa airport opening not as disastrous as KL, Hongkong
  • Qantas resumes services to France after 3-yr break
  • Korean Air to sell 8 jets, add new planes
  • Japan approves 2nd domestic carrier
  • Few carriers making use of North Korean air space
  • MAS shifts some domestic flights to old KL airport
  • P&W wins US$180m engine order from Delta
Features
  • Airlines offer bargain fares
    Hard hit by Asia's economic woes, the region's airlines are slashing fares to attract passengers

Shipping Timesweb site
Shipping News
  • Electronic charts hailed as navigational breakthrough
    But implementation of new development will not be easy, conference told
  • PSA chairman made honorary fellow of Cambridge college
  • Two Mexican ports remain shut
  • Thai ferry death toll rises to 15
  • Two Taiwanese sailors killed in typhoon off Philippines
  • Dubai port firm to manage Beirut terminal
Air and Land Transport
  • New Milan airport takes off despite 1st-day hitches
    US$1.2b Malpensa airport opening not as disastrous as KL, Hongkong
  • Qantas resumes services to France after 3-yr break
  • Korean Air to sell 8 jets, add new planes
  • Japan approves 2nd domestic carrier
  • Few carriers making use of North Korean air space
  • MAS shifts some domestic flights to old KL airport
  • P&W wins US$180m engine order from Delta
Features
  • Airlines offer bargain fares
    Hard hit by Asia's economic woes, the region's airlines are slashing fares to attract passengers

Sched Netweb site
  • SCL changes names of agents
  • HK/US joint efforts to combat illegal textile transshipment
  • Facilities constructed for LAT's new service
  • HHI builds third MSC ship in groundbreaking deal
  • Five more ISO certifications for Fritz Companies
  • Air France close to agreement with pilots
  • AMR Corp completes US$500m stock buy-back
  • Boeing records good 3rd quarter income
  • Lufthansa invests in new Munich terminal

Cargowebweb site
OCTOBER 26, 1998
  • Rumors about alliance between Nedlloyd and Kühne & Nagel
  • Sea-Land result hit by lower rates
  • Iberia to end charter division
  • Northwest's Continental deal blocked by Washington
  • Dutch government gives priority to rail investments

The Journal of Commerceweb site
Home
  • US carriers claim bias in China trade rules
  • Nafta officials, insurers drive to resolve truck coverage disparity
  • USDA bug rule targets pallets leaving China Dec. 17
  • Shippers urged to wrap cargo in anonymity
  • Freight forwarders thwarted by FMC in their bid to act as shippers
  • Caliber Logistics appoints Joseph McCarthy as CEO
  • Emery launches joint venture in China
  • Sea-Land confirms it will set up its European shared service center in Cork, Ireland
  • Youth violence causes more of France's transit workers to strike
  • India's planned road projects may fuel hike in interest rates
  • Egypt sees potential in developing Africa trade
  • Swiss SAirGroup signs agreement with South African Airways
  • Dubai prepares to launch ferry service to Iraq
Transportation
  • Amtrak outlines plan to triple income from cargo
  • Singapore Air hits turbulence
  • Exel, BDP target chemical services
  • Truckers, ship lines, show gains
Maritime
  • Carriers react to falling rates, cargo
  • US ship scrapping policy urged by GAO
  • UN group campaigns to rebuild Somali ports destroyed by war

The Journal of Commerceweb site
Home
  • US carriers claim bias in China trade rules
  • Nafta officials, insurers drive to resolve truck coverage disparity
  • USDA bug rule targets pallets leaving China Dec. 17
  • Shippers urged to wrap cargo in anonymity
  • Freight forwarders thwarted by FMC in their bid to act as shippers
  • Caliber Logistics appoints Joseph McCarthy as CEO
  • Emery launches joint venture in China
  • Sea-Land confirms it will set up its European shared service center in Cork, Ireland
  • Youth violence causes more of France's transit workers to strike
  • India's planned road projects may fuel hike in interest rates
  • Egypt sees potential in developing Africa trade
  • Swiss SAirGroup signs agreement with South African Airways
  • Dubai prepares to launch ferry service to Iraq
Transportation
  • Amtrak outlines plan to triple income from cargo
  • Singapore Air hits turbulence
  • Exel, BDP target chemical services
  • Truckers, ship lines, show gains
Maritime
  • Carriers react to falling rates, cargo
  • US ship scrapping policy urged by GAO
  • UN group campaigns to rebuild Somali ports destroyed by war

The Journal of Commerceweb site
Home
  • US carriers claim bias in China trade rules
  • Nafta officials, insurers drive to resolve truck coverage disparity
  • USDA bug rule targets pallets leaving China Dec. 17
  • Shippers urged to wrap cargo in anonymity
  • Freight forwarders thwarted by FMC in their bid to act as shippers
  • Caliber Logistics appoints Joseph McCarthy as CEO
  • Emery launches joint venture in China
  • Sea-Land confirms it will set up its European shared service center in Cork, Ireland
  • Youth violence causes more of France's transit workers to strike
  • India's planned road projects may fuel hike in interest rates
  • Egypt sees potential in developing Africa trade
  • Swiss SAirGroup signs agreement with South African Airways
  • Dubai prepares to launch ferry service to Iraq
Transportation
  • Amtrak outlines plan to triple income from cargo
  • Singapore Air hits turbulence
  • Exel, BDP target chemical services
  • Truckers, ship lines, show gains
Maritime
  • Carriers react to falling rates, cargo
  • US ship scrapping policy urged by GAO
  • UN group campaigns to rebuild Somali ports destroyed by war

Cyber Shipping Guide - Ocean Commerceweb site
  • Med Conference to Raise Rates Early Next Year
  • P&O Nedlloyd Enhances Indian Ocean Network
  • Trio to Form New Alliance on West Coasts of North, South America
  • CSX Suffers Declines in Revenue, Income

Exim Indiaweb site
  • P&O Nedlloyd upgrades its Indian Ocean network
  • Kandla Port draws up ambitious Rs 850-cr. perspective plan
  • New World Alliance to launch new service on Nov. 1 +
  • Tax chief allays PAN apprehensions
  • STC shopping for 24,000 t. palmolein
  • Master plan to clear export bottlenecks on anvil
  • Booklet on tax benefits for exporters
  • More cargo, less revenue for minor ports
  • Delay in notification on oilseeds import irks industry
  • EPCs to be revamped
  • ABG may be allowed to build 2 berths at Mormugao port
  • Private firms keen on developing minor ports in State
  • Plans for new int'l airport at Hyderabad taking shape
  • PHDCCI wants the government
  • Coffee exports up 17 pc in value
  • AP to set up 2 more EPZs

The Bunker Bulletinweb site
  • The 19th International Bunker Conference in London
    At the end of October, delegates from around the world will gather in London for the 19th International Bunker Conference (IBC). This year the IBC is organised in a joint effort between the Norwegian Shipping Academy, the Rotterdam Municipal Port Management and IBIA.
  • BP with new bunkering facility at Cyprus Island
    On Friday October 16th, BP Marine officially opened a new bunkering facility at Cyprus Island. This facility allows BP Marine to supply vessels with the full range of bunker fuels from IF380Cst to IF 30Cst and Marine Gasoil.
  • Houston: why bunker prices go their own mysterious ways
    Over the past two weeks, Houston prices have often moved against the global trend. We called a local supplier to find out what's going on.
  • The Bunker Bulletin Revisited
    Are there issues of The Bunker Bulletin that you missed, forgot to read or would like to revisit? Now you can access a "library" of past issues.

Cargo Info Africa - Freight & Trading Weeklyweb site
  • Frank wins R1000 prize
  • New Customs ruling raises groupage operators' hackles
  • SAA to reinstate Morgan Air contracts
  • Afri-Haul opens R5m transport and warehousing facility
  • DTI to host export week in November
  • Standardised certificates of origin take shape
  • Hidden agendas could have caused latest hiccup
  • SA and EU re-open trade pact talks
  • Rennies and Portnet set up Year 2000 forum
  • VW extends its export contract
  • Hauliers tune in to anti-hijack risk control
  • This is true black empowerment, says Sebenza
  • Currency drop favours Zim exporters
  • New Chirundu bridge will ease Zimbabwe/ Zambia border congestion
  • Zimbabwe fast-tracks duty rebates for bona fide shipping companies
  • Childs spells out privatisation objectives
  • Mer Austral turns the corner with full islands coverage
  • Nosipho Damasane is SA's first female port manager
  • Our request is not unreasonable, says Customs
  • Evergreen reveals plans to add North America to SA service
  • SafBank adds direct Freeport call

Lloyd's Listweb site
  • Greek owners may counter-sue DnB
    OWNERS of a string of collapsed Greek shipping companies under threat of lawsuits from Den norske Bank over bad debts have reportedly threatened to counter-sue the bank over alleged wrongful seizure of ships and subsequent sales.
  • ACL board rejects latest Holt move
    ATLANTIC Container Line is refusing to release the Holt Group from a confidentiality agreement that prevents the US stevedore from buying more shares in the shipping line.
  • OMI earnings hit by falling rates
    FALLING time charter rates in the product carrier market have continued to take a toll on earnings at OMI Corp.
  • Weak freight market hurts Odfjell profits
    WEAK freight rates compounded by the economic slowdown in the Far East influenced a 23% decline in nine-month operating profit at chemical tanker giant Odfjell, Bergen's only stockmarket listed shipping firm.
  • Minoan close to ordering two ferries
    MINOAN Lines has said it is in the final stages of placing an order for two more large ferries intended to boost its fleet serving international routes.
  • German cargo growth slows
    ALTHOUGH cargo handling in German seaports has expanded this year despite the Asian crisis, growth will be only slight in 1999, the economic research institute Ifo in Munich has forecast.
  • Columbus in west coast Americas bid
    COLUMBUS Line, as part of a year-long effort to become a leader in the trade between North and South America, has formed a new joint venture and enhanced frequency for its West Coast Americas Service (WAMS).
  • P&I sector shaken up by broking reshuffles
    A series of high profile broker moves have shaken the P&I sector as it comes to terms with the increasing rationalisation in the broking world.

Fairplayweb site
OCTOBER 26, 1998
  • French government pulls plug on yard
    ATELIERS et Chantiers du Havre is to be closed when the three 37,000 dwt product tankers for Stolt-Nielsen are completed.
  • Finns to check all bow doors
    THE Finnish Maritime Administration is to check the bow doors of all Finnish-flag passenger carrying ferries in light of the experience gained after the sinking of Estonia.
  • Adriatic ports sign co-operation deal
    TRIESTE in Italy, Koper in Slovenija, and Rijeka in Croatia have signed a letter of intent regarding co-operation between their ports.
  • V Ships and Celtic Marine deal confirmed
    CONFIRMATION of the long-rumoured aquisition of manning specialist Celtic Marine by V Ships will be given in London on October 28.
  • Tamil Tigers release seafarers
    TAMIL Tiger rebels have freed the master of a passenger ferry hijacked three years ago, together with two other seafarers and six soldiers.
  • Sea-Land Orient to sell ACT stake
    SEA-Land Orient Terminals plans to sell part of its stake in Asia Container Terminals to New World Infrastructure.
  • EU approves insurance takeover
    THE EU has approved the acquisition of Sedgwick by US insurance group Marsh & McLennan.
  • Brazil feels heat on cabotage
    BRAZIL'S director of merchant marine has revealed that pressure to open Mercosur traffic to other flags is very strong.
  • Chiquita cuts 3Q loss
    CHIQUITA Brands International, the US fruit company that also operates the Great White Fleet, has reduced its loss for the third quarter to $11m from $27m.
  • Digital chart service to be launched next year
    THE first pilot digital chart service to provide comprehensive coverage of international shipping routes will be launched by the UK Hydrographic Office next year.
  • Chinese yards call for bail out
    CHINA'S government has been urged to bail out the country's faltering shipbuilding industry, with tax exemptions and export subsidies.
  • HK Ferry examines overseas operation
    HONG Kong Ferry Holdings is considering setting up its first overseas service after being invited to bid to operate ferries in the Philippines.
  • India reviews secondhand purchase criteria
    INDIA'S Ministry of Surface Transport is reviewing the age criteria for acquisition of second-hand tonnage.
  • Hijack master demands justice
    THE Australian master of the hijacked tanker Petro Ranger has urged his government to put pressure on Indonesia to bring the pirates to justice.
  • Owners slam Tanjung Priok management
    INDONESIAN owners said yesterday that the long queue of vessels waiting to berth in Tanjung Priok was caused by lack of co-operation from the port authority.
  • Russian crisis hits Sri Lankan tea exports
    SHIPMENTS of Ceylon tea took a dip in August and are expected to fall further as a result of the economic crisis in Russia, Sri Lanka's main market.
  • MOL ups forecast
    MITSUI OSK Lines has announced that a series of cost cuts will help its 1998 profits to leap more than 30 per cent over previous predictions.
  • 'Ship of shame' leaves Australia
    A GREEK owned oil tanker detained in Australia last week for 57 health and safety violations has been allowed to leave the country for major repairs.

Antwerpse Lloyd n.v.web site
  • Eurotunnel va développer les services de commerce et de loisir
    Les premiers résultats de l'année 1998 confirment ceux de 1997. L'exploitation du tunnel se fait à nouveau de manière pleinement normale, et la confiance est de mise pour l'ensemble de l'année. Pour l'avenir, la confiance est même plus grande encore, la suppression des ventes hors taxes devant stimuler tant les trafics par le tunnel que les rentrées. Dans ce contexte, Eurotunnel a l'intention de développer davantage les activités périphériques à l'activité d'exploitation du tunnel proprement dite. C'est ce qu'a annoncé Georges-Christian Chazot, directeur général d'Eurotunnel lors d'une conférence de presse à Bruxelles.
  • Début du lobbying aux Pays-Bas pour plus d'infrastructure
    Le parlement néerlandais ne discutera que le 7 décembre prochain du programme pluriannuel Infrastructure et Transport (PIT). Les réactions semblent pourtant indiquer que de nombreux politiciens et entrepreneurs ne partagent pas l'avis du premier ministre Wim Kok selon qui il s'agirait d'un 'paquet impressionnant' de décisions.
  • Construction navale: le glas des Ateliers & Chantiers du Havre
    Les ministres français Dominique Strauss-Kahn (Economie-Finances) et Christian Pierret (Industrie) ont sonné officiellement le glas des ACH (Ateliers & Chantiers du Havre). L'arrêt de l'activité devant intervenir d'ici à l'an 2000. Mais les navires en construction ne seront-ils pas pris en otage par les salariés inquiets pour leur avenir? Face à l'abandon de la vocation construction, le gouvernement français entend que Le Havre se positionne comme l'un des principaux ports d'Europe du Nord pour la réparation navale.

›››File
FROM THE HOME PAGE
One in ten containers is not up to standard
Washington
WSC publishes 2025 inspection data: out of 93,079 units inspected in seven countries, 9,645 had deficiencies
Maersk and Hapag-Lloyd to bring back four services on the Suez Canal route
Copenhagen/Hamburg
The lines connect Asia with Europe/Mediterranean
Neri and Nova Marine Carriers Groups to Control Calata Orlando Terminal
Lugano
The Livorno terminal will be the subject of a significant investment
Cavotec and EVIAS sign agreement for charging electric port vehicles on the move.
Stockholm
The Swedish company becomes the exclusive distributor and installer for the port sector of the French company's technologies
Hapag-Lloyd signs agreement with DP World to secure terminal capacity in Africa
Hamburg
The agreement concerns the ports of Dakar, Luanda, Dar es Salaam, Banana and Maputo
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
Cargo traffic at the port of Singapore decreased by -4.9% in August
Singapore
In the first eight months of 2026, the port handled 30.7 million containers (+4.2%)
Cochin Shipyard and Drydocks World to jointly develop new international ship repair center in Cochin
Mumbai
An Iranian merchant ship was hit in the Strait of Hormuz
Tehran/Southampton
One sailor died and four other crew members were injured.
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
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.
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.
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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.
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
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
Cosco Shipping arm readies China IPO to capitalise on global shipbuilding wave
(South China Morning Post)
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
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
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
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
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%
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
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