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Independent journal on economy and transport policy
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BRIEFS
February 10, 1999
Shipping Timesweb site
Shipping News
  • P&I Club sees more business from region
    Mutual insurer expanding S'pore office to cope with demand, transfer of business from UK
  • Keppel completes new drydock in Philippines
  • Delhi mulls over reduction in its SCI stake
Air and Land Transport
  • PAL exploring tie-ups with US, European airlines
    It is also seeking franchise arrangement with domestic carriers
  • Asian car market has yet to hit bottom: BMW exec
  • Laws preventing Swissair from making compensation
  • Iata seeks meeting of governments to harmonise air rules
  • Ansett may scrap Osaka flights
  • China to make use of aerospace technologies to stimulate economy
  • American Air cancels flights for third day
Features
  • Set to take on the downturn
    Hapag-Lloyd's new managing director in Singapore, Martin von Beoczy, shares his views on the shipping industry
Columns
  • Recent developments show piracy problem can be beaten

Shipping Timesweb site
Shipping News
  • P&I Club sees more business from region
    Mutual insurer expanding S'pore office to cope with demand, transfer of business from UK
  • Keppel completes new drydock in Philippines
  • Delhi mulls over reduction in its SCI stake
Air and Land Transport
  • PAL exploring tie-ups with US, European airlines
    It is also seeking franchise arrangement with domestic carriers
  • Asian car market has yet to hit bottom: BMW exec
  • Laws preventing Swissair from making compensation
  • Iata seeks meeting of governments to harmonise air rules
  • Ansett may scrap Osaka flights
  • China to make use of aerospace technologies to stimulate economy
  • American Air cancels flights for third day
Features
  • Set to take on the downturn
    Hapag-Lloyd's new managing director in Singapore, Martin von Beoczy, shares his views on the shipping industry
Columns
  • Recent developments show piracy problem can be beaten

Shipping Timesweb site
Shipping News
  • P&I Club sees more business from region
    Mutual insurer expanding S'pore office to cope with demand, transfer of business from UK
  • Keppel completes new drydock in Philippines
  • Delhi mulls over reduction in its SCI stake
Air and Land Transport
  • PAL exploring tie-ups with US, European airlines
    It is also seeking franchise arrangement with domestic carriers
  • Asian car market has yet to hit bottom: BMW exec
  • Laws preventing Swissair from making compensation
  • Iata seeks meeting of governments to harmonise air rules
  • Ansett may scrap Osaka flights
  • China to make use of aerospace technologies to stimulate economy
  • American Air cancels flights for third day
Features
  • Set to take on the downturn
    Hapag-Lloyd's new managing director in Singapore, Martin von Beoczy, shares his views on the shipping industry
Columns
  • Recent developments show piracy problem can be beaten

Shipping Timesweb site
Shipping News
  • P&I Club sees more business from region
    Mutual insurer expanding S'pore office to cope with demand, transfer of business from UK
  • Keppel completes new drydock in Philippines
  • Delhi mulls over reduction in its SCI stake
Air and Land Transport
  • PAL exploring tie-ups with US, European airlines
    It is also seeking franchise arrangement with domestic carriers
  • Asian car market has yet to hit bottom: BMW exec
  • Laws preventing Swissair from making compensation
  • Iata seeks meeting of governments to harmonise air rules
  • Ansett may scrap Osaka flights
  • China to make use of aerospace technologies to stimulate economy
  • American Air cancels flights for third day
Features
  • Set to take on the downturn
    Hapag-Lloyd's new managing director in Singapore, Martin von Beoczy, shares his views on the shipping industry
Columns
  • Recent developments show piracy problem can be beaten

Sched Netweb site
  • Resurgence in Asian trade
  • High-tech exports the way ahead for China
  • FWL gives Yang Ming the edge
  • Group launches joint service
  • FMC agrees to rule changes
  • Growth surge for reefer lines
  • China confirms this year's aircraft deliveries
  • Air Macau buys its first Airbus
  • American cargo clearance plan hits turbulence
  • Emery forms Thai venture

Cargowebweb site
FEBRUARY 9, 1999
  • P&O Nedlloyd wants to buy Tasman Express
  • Inchcape bought bij investment group Electra Fleming
  • China to delay deliveries by Boeing and Airbus
  • Nedlloyd outsources network to IBM
  • Danzas to purchase New Zealand company

The Journal of Commerceweb site
Home
  • Software firms press for encryption reform
  • Pacific economics won't change, Anera says
  • Shippers seek CURE for rail competition ills
  • Customs announces top leadership changes
  • TMM reorganizes and appoints a new president
  • Consolidated Delivery and Logistics to expand residential delivery
  • Aramex International wins approval for new Indian joint venture
  • Congolese authorities probe cargo plane crash
  • UK shipbroker Braemar completes takeover of Burness Maritime
  • Philippine Airlines seeking alliances with foreign carriers
  • Russia reopens Dudinka port to foreign ships
  • Shuttle International appointed cargo representative of Ukrainian airline
  • Southwest Assoc. of Rail Shippers elects new president
  • Russia's Aeroflot makes a small 1998 profit
Transportation
  • Schenker is shoring up its position in Scandinavia
  • UP, BNSF to open 3 dispatching hubs
  • Northwest simplifies Pacific air cargo rates
  • AA expects to cancel a third of flights
Maritime
  • Ex-official offers new details in Navy fiasco
  • Sea-Land Service will leave Montreal-Europe trade April 1
  • Salvage tug on way to free grounded ship
  • All-water coffee service to Mexico yet to percolate

The Journal of Commerceweb site
Home
  • Software firms press for encryption reform
  • Pacific economics won't change, Anera says
  • Shippers seek CURE for rail competition ills
  • Customs announces top leadership changes
  • TMM reorganizes and appoints a new president
  • Consolidated Delivery and Logistics to expand residential delivery
  • Aramex International wins approval for new Indian joint venture
  • Congolese authorities probe cargo plane crash
  • UK shipbroker Braemar completes takeover of Burness Maritime
  • Philippine Airlines seeking alliances with foreign carriers
  • Russia reopens Dudinka port to foreign ships
  • Shuttle International appointed cargo representative of Ukrainian airline
  • Southwest Assoc. of Rail Shippers elects new president
  • Russia's Aeroflot makes a small 1998 profit
Transportation
  • Schenker is shoring up its position in Scandinavia
  • UP, BNSF to open 3 dispatching hubs
  • Northwest simplifies Pacific air cargo rates
  • AA expects to cancel a third of flights
Maritime
  • Ex-official offers new details in Navy fiasco
  • Sea-Land Service will leave Montreal-Europe trade April 1
  • Salvage tug on way to free grounded ship
  • All-water coffee service to Mexico yet to percolate

The Journal of Commerceweb site
Home
  • Software firms press for encryption reform
  • Pacific economics won't change, Anera says
  • Shippers seek CURE for rail competition ills
  • Customs announces top leadership changes
  • TMM reorganizes and appoints a new president
  • Consolidated Delivery and Logistics to expand residential delivery
  • Aramex International wins approval for new Indian joint venture
  • Congolese authorities probe cargo plane crash
  • UK shipbroker Braemar completes takeover of Burness Maritime
  • Philippine Airlines seeking alliances with foreign carriers
  • Russia reopens Dudinka port to foreign ships
  • Shuttle International appointed cargo representative of Ukrainian airline
  • Southwest Assoc. of Rail Shippers elects new president
  • Russia's Aeroflot makes a small 1998 profit
Transportation
  • Schenker is shoring up its position in Scandinavia
  • UP, BNSF to open 3 dispatching hubs
  • Northwest simplifies Pacific air cargo rates
  • AA expects to cancel a third of flights
Maritime
  • Ex-official offers new details in Navy fiasco
  • Sea-Land Service will leave Montreal-Europe trade April 1
  • Salvage tug on way to free grounded ship
  • All-water coffee service to Mexico yet to percolate

Cyber Shipping Guide - Ocean Commerceweb site
  • Transpacific Conference Unveils Details of Rate Package
  • Japanese Government to Approve Ship Reform Bill

urgente online pressweb site
FEBRUARY 9, 1999
  • Air Plus Argentina echa a volar
  • El puerto de Bilbao recupera el segundo puesto en el ranking nacional
  • La UE obligará a reciclar al máximo los veh'culos fuera de uso
  • Federal Express y sus pilotos firman la paz laboral
  • El control de Martinair por KLM crea dudas en la Comisión Europea
  • Washington quiere abolir los límites para volar a Chicago o Nueva York
  • Aegean Aviation aprovecha el recién liberalizado mercado aéreo griego

The Bunker Bulletinweb site
FEBRUARY 9, 1999
  • Saudi Arabia looks for investment outside upstream oil and gas
  • Japan Energy and Showa Shell in discussions to merge refinery units
  • LUKoil to help increase Ventspils' oil export capacity

Lloyd's Listweb site
  • Banks pay $5m bill to rescue stranded Lygnos seafarers
    BANKS hit by the implosion of the Lygnos family shipping empire are footing an estimated $5m bill to pay off and repatriate seafarers stranded by the collapse, despite claims by at least one crew that it is being denied pay and basic necessities.
  • Setback to Ocean Marine handover
    Ocean Marine Mutual has suffered a serious setback in the handover of its portfolio to the Liverpool & London P&I club, writes Janet Porter.
  • Odfjell expects 1999 break-even
    ODFJELL of Norway, the world's second largest chemical tanker operator, has warned of a break-even result in 1999 after seeing weak freight rates and a demand-side slump knock 48% off annual pre-tax profit.
  • Meyer Werft bullish on sea access plan
    UP to 2,000 workers of German shipbuilder Meyer Werft in Papenburg will be addressed today by the state prime minister of Lower Saxony, Gerhard Glogowski.
  • ITF to step up pressure for Leros Strength compensation
    THE International Transport Workers' Federation yesterday marked the second anniversary of the Leros Strength tragedy by vowing to redouble efforts to win compensation for 12 of the victims' families.
  • US alters rules to remove ships from blacklist
    THE US Office of Foreign Assets Control has implemented new administrative procedures to be followed by shipowners who wish to seek removal of their tonnage from the agency's blacklist of 'blocked vessels'.
  • OECD yards meeting postponed
    THE next meeting of the OECD working party on shipbuilding has been delayed for two months as the industry enters a critical phase for its development.
  • Grimaldi chief urges EU action on port fees
    Port fees and handling costs could be reduced by more than 60% in many European ports, creating the conditions to increase shortsea intra-european trades, according to Italian shipowner Emanuele Grimaldi, managing director of ro-ro specialist Grimaldi Group Naples.

Fairplayweb site
FEBRUARY 9, 1999
  • Keppel Marine plunges into red
    KEPPEL Marine Industries has announced a pre-tax loss of S$12.9m ($7.6m) for 1998 following a collapse in operating profit during the year.
  • Japan/Korea discuss free trade bloc
    JAPAN and South Korea are discussing the establishment of a joint free trade agreement that could form the core of a wider regional trading bloc, according to local reports.
  • P&O Nedlloyd to buy Tasman Express
    P&O Nedlloyd is to acquire the shipping business of Tasman Express Line in a move that would give the Anglo-Dutch operator a 40 per cent share of the trade.
  • UK calls for bunker liability regime
    UK Dept of Transport shipping policy head John Wren today called for "a radical solution to fill the gap in bunker liability."
  • Contship denies Medcenter rumour
    CONTSHIP Europe has denied rumours of plans to sell the majority stake in Medcenter Container Terminal (MCT) at Gioia Tauro.
  • Fast ferry service for Sydney
    SPRAWLING residential development around Sydney has spawned a new ferry service linking the city with northern, dormitory settlements on the New South Wales central coast.
  • Mystery surrounds deaths of repair workers
    AN investigation by Barcelona health services into the mysterious death of two workers carrying out repairs on a Tunisian vessel has yet to determine an exact cause.
  • RSPCA urges Canberra to act on cattle deaths
    THE RSPCA has called on Australian's prime minister to take full responsibility for the deaths of more than 800 cattle while en route to Indonesia last month.
  • Three ships in Valletta accident
    MALTESE-registered general cargo ship Zamosckvorechye is in Valletta Grand Harbour for repairs after an accident involving two other vessels.
  • Milford Haven fine is 'short sharp shock'
    THE '4m ($6.5m) fine imposed on Milford Haven Port Authority has been a "short sharp shock for port authorities throughout the UK," according to a P&I legal adviser.
  • Unioil award $10m Philippine contract
    UNIOIL Corp has awarded the construction contract of the oil firm's 524 m-long bridge for its docking and storage facilities in Mariveles, Bataan to a UK-based company.
  • Lack of horsepower claim for grounding
    TWO US pilots are claiming that a "lack of horsepower" might have been the cause of the grounding of the wood chip carrier New Carissa on February 4.
  • Singapore bullish over chemicals growth
    SINGAPORE trade chiefs are confident that the local chemical industry is set to enjoy a strong year despite scepticism from shipbrokers.
  • Canada detains more ships
    TRANSPORT Canada, the Ottawa body responsible for reporting Port State Control detentions, has revealed that more vessels were detained in 1998.
  • Lorenzo staff lock horns with management
    MORE than 200 seafarers employed by the Filipino operator Lorenzo Shipping Corp have locked horns with management over their collective bargaining agreement.
  • Odfjell issues profits warning
    ODFJELL, the Norwegian chemical carrier group previously known as Storli, has warned of a weak 1999 result after its 1998 pre-tax profit fell sharply.
  • Paradip wins extra funding from ADB
    ASIAN Development Bank (ADB) has agreed to provide more funds to the Indian east coast port of Paradip where mechanised coal handling berths are under construction.

Daily Commercial Newsweb site
  • VRTA worries over dock bypass
    The Victorian Road Transport Association has raised concerns about the $52 million north-south bypass proposed for the Docklands precinct in Melbourne, saying the road works could cause massive disruption to freight traffic movements in the nearby port and rail areas.
    The VRTA, which will meet with Victorian Roads and Ports Minister Geoff Craige next week to discuss the plan, has urged the government to undertake adequate planning of the project to ensure minimal disruption to traffic during the road's construction.
    VRTA executive director Phil Lovel said the VRTA would lobby the government to ensure that the existing road infrastructure in the proposed development area -- particularly Footscray Road -- remained fully open until the bypass was completed and fully functional.
  • Govt rejects fund shortfall claims
    Media speculation that the $250 million allocated by the federal government to cover the cost of waterside worker redundancies could fall short of the total amount claimed by Australia's stevedoring companies, was rejected yesterday by a spokesman for Transport Minister John Anderson.
    According to a wire service report, statements made by the first assistant secretary of the Department of Transport, Greg Feeney, to an estimates committee hearing here on Monday indicated that the redundancy fund had been "rushed by applications from 12 companies" and this threatened to "overload" the fund following a $102 million payout to Patrick Stevedores.
  • P&OP focuses on attitude
    P&O Ports Ltd will expand at the rate of two new sites a year over the next five years and is now poised to enter the North American market, according to its director for Australia and New Zealand Andrew Burgess.
    Mr Burgess spoke yesterday at the Ports, Shipping and Waterfront Reform conference, organised by AIC in Sydney.
    While concentrating on the company's international achievements, Mr Burgess made frequent, negative, comments about the productivity of the Australian waterfront and, in particular, the absence of the proper attitude among the workforce.
  • Rail will be the key to future port development
    Waterfront reform will still be needed long beyond the time when terminal productivity issues have been resolved, according to Maunsell McIntyre's director of port and transport planning Graham Hooper.
    Speaking at the Beyond the Waterfront Reforms conference in Melbourne last week, he said waterfront reform in Australia had become synonymous with stevedoring productivity which focussed on container terminal productivity with performance expressed in terms of crane rates.
  • Inchcape sold to private investors
    Electra Fleming, the international private equity group, has acquired Inchcape Shipping Services (ISS).
    ISS, which claims to be the largest independent shipping agency network, last year itself acquired Australia's Patrick Sleigh Shipping Agencies. ISS provides ship support services for over 30,000 vessels and handles in excess of one and a half million containers each year.

›››File
FROM THE HOME PAGE
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 2025, the CMA CGM group's shareholder profit fell by -58.1%.
Marseille
Revenues down -2.0% (-5.2% in the fourth quarter alone)
2025 was Global Ship Lease's best year yet
Athens
Positive trend also in the fourth quarter
In the fourth quarter of 2025, freight traffic in the ports of Naples and Salerno grew by +2.0%
Naples
The -1.0% decline recorded at the regional capital's airport was more than offset by the +6.3% growth in Salerno
The Maritime Federation fully endorses the new EU strategies for the maritime and port sectors
Rome
Mattili: We are available to contribute to the EU Industrial Maritime Value Chains Alliance.
CK Hutchison announces it has intensified legal action against the Republic of Panama.
Hong Kong
Addendum to the Notice of Dispute filed with the ICC
Global Ports Holding's cruise terminals see record traffic
Istanbul
Last year there were 18.1 million passengers (+8.5%)
Interferry: The EU Commission's path to ferry decarbonization is the right one.
Victoria
Roos: It is good to recommend that ETS funds be used exactly where they are collected.
CLECAT promotes the EU strategy for the European maritime, port and logistics system
Brussels
Emphasis is also placed on the need to prevent integrated operators from limiting competitors' access to infrastructure, services or customers.
ESPO approves new EU Port Strategy
Brussels
Among the most appreciated elements, the commitment to implement a review of the EU ETS and the FuelEU Maritime Regulation
Tanker hit near Kuwait coast
Southampton/Kuwait City
A shell also hit a container ship in the Strait of Hormuz
European shipowners and shipbuilders applaud the EU's strategy for the sector. German port operators are less convinced by the proposal.
Brussels/Rome/Hamburg
WSC welcomes the strategies for the maritime industry and ports proposed by the European Commission
Washington
However, according to the association, they are not sufficiently attentive to the simplification of trade exchanges.
The European Commission presents two strategies to promote the competitiveness, sustainability, safety and resilience of EU ports, maritime transport and shipbuilding.
Brussels
A high-level council will be established
Explosions and a fire on a Russian ship that sank near Libya
Moscow/Tripoli
In December, Ukraine claimed responsibility for an attack on a Russian oil tanker in the same region.
Attacks on ships in the Strait of Hormuz region continue
Southampton/Battaramulla
Three naval vessels reported shellfire and damage. An Iranian frigate was hit in Sri Lanka.
Viking orders two new expedition cruise ships from Fincantieri and secures an option for two ocean-going vessels
Trieste
The value of the agreements exceeds two billion euros
Container traffic at the Maltese port of Marsaxlokk remained stable in 2025
Kalafrana/Hong Kong
China's CMPort has signed a 70% stake in Brazil's Vast Infraestrutura oil terminal.
T&E: Over half of European ferries could become electric by 2035
T&E: Over half of European ferries could become electric by 2035
Brussels
Klann: Electric ferries are already cheaper on many routes and will become even cheaper in the coming years.
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
London
The area may soon be transitioned to a Warlike Operations Area.
Nautilus International urges States and shipping operators to ensure the safety and rights of seafarers
London/Brussels
The International Trade Union Confederation urges an immediate ceasefire by all parties
Strait of Hormuz: A sailor from a ship attacked by a drone vessel dies.
Muscat
Twenty-one crew members were evacuated
Norwegian Cruise Line Holdings closes a record 2025, but faces challenges with non-operating costs.
Miami
The war crisis in the Middle East also affects ports
Dubai/Muscat/Washington
Kramek (WSC): Liner shipping has demonstrated its ability to react to emergency situations, such as the one in the Red Sea
ICS, ECSA and ASA concerned about seafarers' safety in the Middle East
London/Brussels/Singapore
This is - they underlined - a rapidly evolving and unpredictable situation.
Hapag-Lloyd and Maersk were the first to sense trouble in the Middle East. A tanker sanctioned by the US was hit.
Hamburg/Copenhagen/Southampton/
Washington/Muscat
On Friday, the two companies notified customers of changes to their services in the region. Four Skylight crew members were injured.
Due to the national journalists' strike proclaimed by the National Federation of the Italian Press, which our editorial staff is adhering to, no news will be published by our newspaper today.
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%)
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.
Two new state-of-the-art ship-to-shore cranes have arrived at the PSA SECH terminal.
Genoa
They will be operational from June
Banco BPM's €55 million financing to Grimaldi Euromed
Naples/Milan
Partially covers the purchase of the new ship "Grande Inghilterra"
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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.
DP World reported record annual operating and financial results
Dubai
In 2025, container traffic increased by +5.8% and revenues by +22.0%
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.
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.
SOS LOGistica, allocating only 10% of the €590 million for road transport to zero-emission vehicles is self-destructive.
Rome/Milan
Texts: talking today about a heavy BEV market that "takes off" remains a mirage
The first U212NFS submarine is being laid down at Fincantieri's Muggiano shipyard.
Trieste
The delivery of the first unit is scheduled for 2029
A new tender has been published for railway shunting in the ports of Savona and Vado Ligure.
Genoa
The tender base amount is 14.8 million euros
China's LC Logistics orders two new 11,000-TEU containerships
Hong Kong
Order with a total value of 236 million dollars
Palumbo Superyachts to build new metal shipbuilding hub in Ortona
Ortona
Concession area in the Abruzzo port
Kuehne+Nagel acquires the road transport business of German firm Lohmöller
Schindellegi
In 2024 they had generated a turnover of approximately 23.5 million euros
Rolls-Royce posts record annual financial performance
London
Revenues increased by 12.2% last year
Fincantieri delivered the ultra-luxury cruise yacht Four Seasons I in Ancona
Trieste
The Navis Sapiens program also debuts with the ship
Nearly 12 million tonnes of CO2 avoided in 2025 for vessels coated with Jotun products
Muggia
Estimated fuel cost savings of approximately $2 billion
In 2025, intermodal traffic handled by Interporto Padova amounted to 381,031 TEUs (-7.5%)
Padua
Record production value recorded
In 2025, the Nola interport handled 2,000 trains
Nola
A 50% increase is expected in 2026
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
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
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
››› 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
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
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