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25 February 2026 - Year XXX
Independent journal on economy and transport policy
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BRIEFS
September 24, 2003
Shipping Timesweb site
Shipping News
  • Cosco Pacific H1 profit rises 5.4%
    CHINA-backed Cosco Pacific Ltd reported a 5.4 per cent rise in first-half net profit on Monday as the ports operator expanded its container leasing operation, the world's fifth largest.
  • PSA's Tuticorin terminal volumes up 4.3% in first qtr
    PSA Corporation's key Indian venture at Tuticorin scraped together a 4.3 per cent volume growth in the first quarter of this financial year, after its loss of some box traffic in FY2002 alarmed officials.
  • Oil tanker rates may rise for 7th week on Oct bookings
    OIL tanker rates in the Persian Gulf may rise for a seventh week as charterers make inquiries for vessels to load crude oil in October, prompting shipowners to raise freight costs.
  • Lanka Maritime says fuel deal with BP in pipeline
    LANKA Maritime Services, a unit of Sri Lanka's national shipping company, said it may start buying fuel from BP plc's Singapore trading unit to supply vessels in Colombo and nearby ports.
Air and Land Transport
  • S'pore air cargo sector lauds relaxed rules with Australia
    SINGAPORE's air cargo industry has welcomed yesterday's air services agreement with Australia, that effectively eliminates all restrictions on freight flights between and beyond both countries except the US.
  • Swiss inks deal with BA to join Oneworld
  • US regulators urged to take action against jetBlue
  • Passengers want 'young, pretty' female crew: MAS
  • Heathrow Express faces strikes next month
  • Delta Air Lines launches fare sale, others match
Strait Talk
  • Hard bargaining ahead on new pay deal for seafarers
    AS you read this, a meeting should be underway in Cyprus that is part of the process of thrashing out a new international wage bargaining system for shipping.
Port Shots
  • Port Shots
    THE ports unit of Hong Kong conglomerate Hutchison Whampoa is in talks to boost its investment in the Chinese port of Ningbo, The Standard newspaper reported.

Shipping Timesweb site
Shipping News
  • Cosco Pacific H1 profit rises 5.4%
    CHINA-backed Cosco Pacific Ltd reported a 5.4 per cent rise in first-half net profit on Monday as the ports operator expanded its container leasing operation, the world's fifth largest.
  • PSA's Tuticorin terminal volumes up 4.3% in first qtr
    PSA Corporation's key Indian venture at Tuticorin scraped together a 4.3 per cent volume growth in the first quarter of this financial year, after its loss of some box traffic in FY2002 alarmed officials.
  • Oil tanker rates may rise for 7th week on Oct bookings
    OIL tanker rates in the Persian Gulf may rise for a seventh week as charterers make inquiries for vessels to load crude oil in October, prompting shipowners to raise freight costs.
  • Lanka Maritime says fuel deal with BP in pipeline
    LANKA Maritime Services, a unit of Sri Lanka's national shipping company, said it may start buying fuel from BP plc's Singapore trading unit to supply vessels in Colombo and nearby ports.
Air and Land Transport
  • S'pore air cargo sector lauds relaxed rules with Australia
    SINGAPORE's air cargo industry has welcomed yesterday's air services agreement with Australia, that effectively eliminates all restrictions on freight flights between and beyond both countries except the US.
  • Swiss inks deal with BA to join Oneworld
  • US regulators urged to take action against jetBlue
  • Passengers want 'young, pretty' female crew: MAS
  • Heathrow Express faces strikes next month
  • Delta Air Lines launches fare sale, others match
Strait Talk
  • Hard bargaining ahead on new pay deal for seafarers
    AS you read this, a meeting should be underway in Cyprus that is part of the process of thrashing out a new international wage bargaining system for shipping.
Port Shots
  • Port Shots
    THE ports unit of Hong Kong conglomerate Hutchison Whampoa is in talks to boost its investment in the Chinese port of Ningbo, The Standard newspaper reported.

Shipping Timesweb site
Shipping News
  • Cosco Pacific H1 profit rises 5.4%
    CHINA-backed Cosco Pacific Ltd reported a 5.4 per cent rise in first-half net profit on Monday as the ports operator expanded its container leasing operation, the world's fifth largest.
  • PSA's Tuticorin terminal volumes up 4.3% in first qtr
    PSA Corporation's key Indian venture at Tuticorin scraped together a 4.3 per cent volume growth in the first quarter of this financial year, after its loss of some box traffic in FY2002 alarmed officials.
  • Oil tanker rates may rise for 7th week on Oct bookings
    OIL tanker rates in the Persian Gulf may rise for a seventh week as charterers make inquiries for vessels to load crude oil in October, prompting shipowners to raise freight costs.
  • Lanka Maritime says fuel deal with BP in pipeline
    LANKA Maritime Services, a unit of Sri Lanka's national shipping company, said it may start buying fuel from BP plc's Singapore trading unit to supply vessels in Colombo and nearby ports.
Air and Land Transport
  • S'pore air cargo sector lauds relaxed rules with Australia
    SINGAPORE's air cargo industry has welcomed yesterday's air services agreement with Australia, that effectively eliminates all restrictions on freight flights between and beyond both countries except the US.
  • Swiss inks deal with BA to join Oneworld
  • US regulators urged to take action against jetBlue
  • Passengers want 'young, pretty' female crew: MAS
  • Heathrow Express faces strikes next month
  • Delta Air Lines launches fare sale, others match
Strait Talk
  • Hard bargaining ahead on new pay deal for seafarers
    AS you read this, a meeting should be underway in Cyprus that is part of the process of thrashing out a new international wage bargaining system for shipping.
Port Shots
  • Port Shots
    THE ports unit of Hong Kong conglomerate Hutchison Whampoa is in talks to boost its investment in the Chinese port of Ningbo, The Standard newspaper reported.

Shipping Timesweb site
Shipping News
  • Cosco Pacific H1 profit rises 5.4%
    CHINA-backed Cosco Pacific Ltd reported a 5.4 per cent rise in first-half net profit on Monday as the ports operator expanded its container leasing operation, the world's fifth largest.
  • PSA's Tuticorin terminal volumes up 4.3% in first qtr
    PSA Corporation's key Indian venture at Tuticorin scraped together a 4.3 per cent volume growth in the first quarter of this financial year, after its loss of some box traffic in FY2002 alarmed officials.
  • Oil tanker rates may rise for 7th week on Oct bookings
    OIL tanker rates in the Persian Gulf may rise for a seventh week as charterers make inquiries for vessels to load crude oil in October, prompting shipowners to raise freight costs.
  • Lanka Maritime says fuel deal with BP in pipeline
    LANKA Maritime Services, a unit of Sri Lanka's national shipping company, said it may start buying fuel from BP plc's Singapore trading unit to supply vessels in Colombo and nearby ports.
Air and Land Transport
  • S'pore air cargo sector lauds relaxed rules with Australia
    SINGAPORE's air cargo industry has welcomed yesterday's air services agreement with Australia, that effectively eliminates all restrictions on freight flights between and beyond both countries except the US.
  • Swiss inks deal with BA to join Oneworld
  • US regulators urged to take action against jetBlue
  • Passengers want 'young, pretty' female crew: MAS
  • Heathrow Express faces strikes next month
  • Delta Air Lines launches fare sale, others match
Strait Talk
  • Hard bargaining ahead on new pay deal for seafarers
    AS you read this, a meeting should be underway in Cyprus that is part of the process of thrashing out a new international wage bargaining system for shipping.
Port Shots
  • Port Shots
    THE ports unit of Hong Kong conglomerate Hutchison Whampoa is in talks to boost its investment in the Chinese port of Ningbo, The Standard newspaper reported.

Exim Indiaweb site
  • 20 hurt in ship collision at Chittagong Port
  • Royal Caribbean builds biggest cruiser Ultra Voyager
  • GAC India celebrates 20th anniversary with a new strategy
  • OEL launches Mundra-Jebel Ali feeder service
  • WTO upholds India's case against EU: Textile sops to Pak
  • Palmolein import duty hike likely
  • US now main source of capital goods for India
  • m.v. Tiger Bridge given warm welcome at VCT
  • Cargo traffic at Indian ports may touch 979 m tonnes in 2011-12: Study
  • JN Port touches 1-million TEU mark within first half of current fiscal
  • 4 dedicated Conraj rakes inducted into ICD-Sabarmati-JNP circuit
  • P. S. Krishnan elected new FFFAI Chairman
  • Textile bank on anvil: Minister
  • Credit card facilities for artisans mooted
  • Forex reserves touch $ 87.856 bn
  • Hike synthetic textile export quota for US: SRTEPC chief
  • Stabilise prices or face controls, govt tells steel manufacturers
  • Tea planters' body wants Nilgiris notified as special economic zone
  • India pips UK, Brazil for 6th slot: FDI confidence report
  • Inflation rate rises to 4.29 pc
  • IA showcases Sharjah as holiday destination
  • AIAI interactive seminar on power sector today
  • Plastics export award function on Sept. 26
  • Ficci to organise meet on taxation

The Bunker Bulletinweb site
SEPTEMBER 23, 2003
  • East Coast markets steady amid good avails
  • Crude rebounds as market looks near short-term bottom
    After a month-long sharp downward movement in crude oil prices, with only the occasional correction higher, oil futures are beginning to look cheap relative to fundamentals. If speculators, once long - now short, resume buying, this could set the scene for a rebound from current levels.
  • Egypt steady, good avails return to Port Said
  • OPEC meeting: Quota allocations up for discussion
  • Fujairah market waits on cargo rise
  • Hong Kong numbers slip back as recent demand dries avails
  • OPEC meet outcome seems settled as OPEC basket trades mid-range
    It would come as a huge surprise to the world oil market if OPEC's meeting in Vienna tomorrow decided to change the current official production quota.
  • Rotterdam firms with crude and barges

The Scandinavian Shipping Gazetteweb site
SEPTEMBER 23, 2003
  • Rederi AB Gotland wants out from the stock exchange
  • Ola Lorentzon quits Frontline
  • Olav Fjell fired from Statoil

Marine Logweb site
SEPTEMBER 23, 2003
  • Conferees approve multi-year sub procurement
    But it's for five Virginia Class submarines, not seven

Lloyd's Listweb site
  • Lorentzon bids Frontline farewell
    FRONTLINE managing director Ola Lorentzon (left) is to stand down from the world's number one tanker operator just weeks after plans were floated in New York to split the company, writes Jerry Frank.
  • Statoil loses its head as Fjell falls on sword
    OLAV Fjell lost his battle to survive yesterday as boss of oil and gas giant Statoil.
  • European Parliament backs Prestige accident committee
    TEN months after the event and despite two earlier rejections, the European Parliament yesterday voted overwhelmingly in favour of establishing a temporary committee to investigate the causes and consequences of the Prestige disaster.
  • Inside world of Lloyd's goes online
    LLOYD'S is putting its inner workings online, writes James Brewer.

Fairplayweb site
SEPTEMBER 23, 2003
  • Tsakos warns on dash for tonnage
    NIKOLAOS Tsakos, president of Tsakos Energy Navigation, has cautioned against the current race for new tonnage and warned today that the number of newbuildings scheduled for delivery could destabilise the entire industry
  • Balearia talks up competition
    COMPETITION between Spanish ferry operators is mounting after Balearia said today it would use the fast ferry Ramon Llull to launch a new service on 21 October
  • De Palacio scolds member states
    LOYOLA de Palacio, the EU transport commissioner, has hit out at the lack of political will within European member states to find solutions to deal with maritime disasters
  • Danube low strands newbuildings
    A NUMBER of newbuildings under construction at shipyards on the banks of the river Danube are stranded by low water levels
  • Overheated bulker scuttled
    A BULKER drifting off Reunion Island in the Indian Ocean since last week was scuttled by the French Navy yesterday
  • Tsavliris claims $2.5M from KPT
    GREEK salvor Tsavliris is claiming $2.5M in damages from Karachi Port Trust for the illegal detention of Sea Angel, which was used in the lightering of Tasman Spirit
  • Rising rates on lowering Rhine
  • Vopak sells Chemgas to Jaegers
  • Algerian link goes private
  • Frontline MD Lorentzon to retire
  • Iran slashes marine charges
  • Indian tonnage tax from April 2004
  • Statoil's Irangate claims third
  • Aqaba charges rise again
  • PTP and PSA 'can co-operate'
  • Alstom rescue plan agreed

The Journal of Commerceweb site
SEPTEMBER 23, 2003
  • Cosco revamps logistics structure
    The Hong Kong unit of China Ocean Shipping (Group) Co., is moving into logistics with the purchase of 49 percent of Cosco Logistics Co. from its parent for $142 million.
  • Swiss opts for Oneworld alliance
    Swiss International Air Lines said it will join the Oneworld global alliance in a move that will shrink its fleet by a third and pare 25 percent of its flight network.
  • Traffic resumes at Bangladesh port
    The Port of Chittagong resumed operations Monday after a collision between two container ships halted operations over the weekend.
  • Insurer: More Europe port strikes to come
  • UPS launches package-flow technology
  • Railroads should adopt scheduled ops: CPR
  • FedEx Ground opens Chicago terminal
  • BAX Global opens Greek office
  • Canadian port gets box scanner
  • Menlo to offer stand-alone software
  • Corrigan named Aus. VP at Savino del Bene
  • Frontline's Lorentzen retires
  • Atlanta cargo services expanding

Containerisation Internationalweb site
SEPTEMBER 23, 2003
  • New hope in Canadian West Coast talks as union mulls latest offer
    Union officials plan to respond Thursday to a new comprehensive package offered by waterfront foremen employers to end a lengthy labour dispute on Canada's west coast.
  • Lines ponder Busan departure in spite of dockers productivity increase
    Busan dockers are raising productivity by as much as 98.4% in response to the carnage left by Typhoon Maemi, but a survey reveals 53% of lines may still leave.
  • Chittagong re-opens following Eagle Strength crash
  • Rail users must compete for UK budget
  • Chinese ports courted by foreign investors
  • OT Africa Line launches Luanda shuttle
  • Cosco Pacific buys US$143m stake in Cosco Logistics
  • Lille expansion doubles tri-modal terminal area
  • New HK terminals will end high THC's, says Sir Gordon Wu
  • CIMC's launches world's largest dry container facility

TradeWindsweb site
SEPTEMBER 23, 2003
  • Fredriksen gives soccer club the boot
    Tanker owner severs ties with Vaalerenga.
  • Cruise hoax leads to prison sentence
    Two years' jail-time for pining girlfriend.
  • OSG divvies up
    Owner pays out second dividend at new, higher rate.
  • No candy for NKK
    US court finds society guilty of botching fast ferry survey.
  • Europe to set up Prestige investigation
    European Parliament does U-turn on plans to set up temporary investigative commission.
  • Cormo Express sheep "comfortable"
    Only 4,256 animals so far dead on Vroon cruise to nowhere.
  • Pakistan advised to up spill protection
    UN report details environmental fallout from Tasman Spirit break-up.
  • DRI claims Adamandas
    Pacific & Atlantic bulker is latest victim of hazardous direct reduced iron cargo.
  • Analyst declares RCL a "sell"
    More revisions as cruise stocks show signs of overheating.
  • Karahasan arrest goes to court
    Turkish owner fails to reach deal with HSH Nordbank over US detention.
  • Explosives sink Adamandas
    French navy experts scuttle "dangerous" Pacific & Atlantic bulker.
  • Frontline MD to retire
    Ola Lorentzon (right) steps down as Oscar Spieler takes top tanker management role.
  • Alstom will need to restructure
    French engineering giant says rationalisation needed for European shipyard industry.
  • Statoil CEO resigns
    Olav Fjell (left) follows Leif Terje Loddesol as company fights to save face.
  • Greek bulker to be scuttled
    Reunion authorities order damaged Pacific & Atlantic vessel to sea.
  • Aussies propose maritime security bill
    Government has introduced new legislation linked to the IMO's ISPFS code.
  • Micky makes Forbes 400
    Carnival colossus is among the top 400 richest people in America. Thirty-ninth to be precise.
  • Bandar Abbas set for congestion charges
    Extreme delays at Iranian port have prompted container conference to implement delay surcharges.
  • Hornbeck back at equity table
    Louisiana-based offshore vessel operator re-instigates plans to take company public.
  • OOCL investors approve share buyback
    Minority shareholders in Hong Kong liner group give green light to buyback of Li Ka-shing stake.

American Shipperweb site
SEPTEMBER 23, 2003
  • Delmas, OTAL start new Angola shuttle service
  • Med Shipping adds Naples to Asia/Mediterranean service
  • BIMCO signs anti-drug smuggling agreement with Cypriot customs
  • Ship collision in Singapore Strait caused minor oil spill
  • New Maersk service links New Orleans, Progreso
  • MOL (China) opens office in Qingdao
  • American Salvage Association names officers
  • Kuehne & Nagel opens logistics center at Frankfurt airport
  • Integres acquires Key Transportation Services
  • Menlo Worldwide Technologies offers standalone software
  • Saddle Creek names Cook marketing and sales director
  • USCO issues "white paper" on network optimization
  • MIT to develop logistics program in Zaragoza, Spain
  • Savannah's container volume continues double-digit growth
  • Qingdao port volumes up

›››File
FROM THE HOME PAGE
PORTS
Hong Kong government protests PPC's removal from Panamanian ports
Hong Kong/Beijing
Beijing government spokeswoman stressed that China will firmly protect the rights and legitimate interests of its companies.
TRANSPORTATION
European transport associations call for the CEF to be allocated at least €100 billion
Brussels
Chronic underfunding and financial shortfalls are lamented
PORTS
The Panamanian government assigns the transitional management of the port of Balboa to APM Terminals and the port of Cristóbal to TiL
Hong Kong/Panama
CK Hutchison Holdings denounces the illegality of the terminal seizure and confirms the possibility of legal action.
PORTS
Panamanian government seizes assets and equipment at the ports of Balboa and Cristóbal
Panama
The Panama Ports Company of the CK Hutchison group has been removed from the management of the two ports
INTERMODAL TRANSPORT
Statement by rail and intermodal transport associations against gigaliners on European roads
Brussels
The current positions of the EU institutions - they denounce - all include elements that risk opening the door to a widespread diffusion of these vehicles.
SAFETY & SECURITY
The mandate of the EuNavFor Aspides mission has been extended until 28 February 2027.
Brussels
A budget of almost 15 million euros has been approved
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
PORTS
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
Madrid
Santana: We believe that some aspects of the ETS should be monitored and, where necessary, revised.
OFFSHORE
Tidewater acquires Brazil's Wilson Sons Ultratug Participações for $500 million.
Houston
It has a fleet of 22 Platform Supply Vessels
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
TRADE
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Washington/Suitland
An executive order confirming the suspension of the "de minimis" regime was also signed.
PORTS
Slight growth in freight traffic in the port of Ancona in 2025
Ancona
Rolling stock slightly down. Passenger numbers significantly down.
PORTS
Construction of the cruise terminal at Molo San Cataldo in Taranto will begin in October.
London
Global Ports Holding invests over €4.5 million
ACCIDENTS
One dead and four injured on board the cruise ship World Legacy (formerly Moby Zaza )
Singapore
A fire broke out on the unit
RAILWAY TRANSPORT
SBB CFF FFS Cargo has sold 31 locomotives to Nordic Re-Finance
Bern
The Swiss company plans to equip itself exclusively with vehicles produced by Stadler Rail Valencia by 2035.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
PORTS
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Hamburg
Containers boosted the growth. Volumes remained stable in the fourth quarter alone.
SHIPPING
In the fourth quarter of 2025, the DFDS Group recorded a net loss of DKK -286 million.
Copenhagen
PORTS
Last year, cargo traffic in Montenegro's ports grew by 1.6%.
Podgorica
Cargoes to and from Italy alone increased by +64.6%
PORTS
To APM Terminals the 37.5% of the Southern Container Terminal of the port of Jeddah
The Hague/Dubai
DP World will keep the remaining 62.5%
PORTS
Continues the bending of the traffic of the container in the port of Los Angeles
Los Angeles
In January decrease of -12.1%. Bown: the state of exports to China seems bad
PORTS
In the fourth trimester of the 2025 the traffic of the goods in the port of Civitavecchia is increased of +8.6%
Civitavecchia
In the whole year growth was +3.1%
COMPANIES
Samskip sells marine and logistic services with the United Kingdom and Ireland to the CLdN
Luxembourg/Rotterdam
The agreement includes rental agreements for over 5,000 multimodal load units
COMPETITION
The Antitrust has reopened the procedure on the concentration between the Ignazio Messina & C. and the Terminal San Giorgio
Rome
SHIPPING
The International Chamber of Shipping against the new harbour taxes programmed by the US government
Washington
Necessary - the association emphasizes - carefully coordinated political solutions
CRUISES
Norwegian Cruise Line Holdings orders three new ships from cruise to Fincantieri
Miami/Trieste
They are destined to the companies Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises
SHIPPING
Hapag-Lloyd and ZIM agreed on a merger agreement
Haifa/Hamburg
The German company will pay up to $2.5 billion
SHIPPING
America's Maritime Action Plan proposes a new tax on foreign-built ships from any nation entering U.S. ports.
Washington
It would be used to fund the new Maritime Security Trust Fund
SHIPPING
Hapag-Lloyd to acquire Israeli ZIM
Hamburg
The German company will be responsible for international operations, while those in and with Israel will be assigned to the Tel Aviv-based private equity firm FIMI Opportunity Funds.
COMPANIES
Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement
Dubai
It Kazim appointed president and Yuvraj Narayan managing director
PORTS
Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven
Bremen/The Hague
PORTS
CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa
Hong Kong
PORTS
Tomorrow will be inaugurated the new container terminal of transhipment of Damietta
Bremen/Melzo
Its ability to annual traffic will rise up to 3,3 million teu
SHIPYARDS
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
SHIPYARDS
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
PORTS
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
COMPANIES
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
SHIPPING
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
LOGISTICS
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
OFFSHORE
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
SHIPPING
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
TRANSPORTATION
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
SHIPPING
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
SEAFARERS
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
LOGISTICS
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
SHIPPING
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
PORTS
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
PORTS
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
PORTS
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
PORTS
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
PORTS
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
SHIPPING
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
SHIPPING
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
PORTS
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
PORTS
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
PORTS
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
PORTS
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PORTS
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
INDUSTRY
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
PORTS
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
CRUISES
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
PORTS
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
RAILWAY TRANSPORT
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
RAILWAY TRANSPORT
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
PORTS
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
CRUISES
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
SHIPPING
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
PORTS
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
PORTS
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
TRUCKING
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
NEWS
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
SHIPPING
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
SEAFARERS
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
PORTS
Two FMC commissioners call on the US government to take action against Canadian and Mexican ports
Washington
Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged
PORTS
Annual container traffic handled by the port of Algeciras remains stable.
Algeciras
A 6.2% decrease in the weight of goods in containers was recorded
RAILWAY TRANSPORT
The EU Commission authorizes Italy to provide financial support for rail operations in ports.
Rome
Incentives for a maximum total of 30 million euros over five years
ACCIDENTS
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
ENVIRONMENT
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
PORTS
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
TRADE
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
RAILWAY TRANSPORT
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
SHIPPING
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
OFFSHORE
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
PORTS
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
SHIPPING
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
PORTS
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
SEAFARERS
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
RAILWAY TRANSPORT
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
SHIPPING
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
PORTS
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
PORTS
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
PORTS
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
PORTS
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
PORTS
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
SHIPPING
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
SHIPPING
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.
PORTS
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
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
COMPANIES
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.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
OFFSHORE
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
AWARDS
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
JOBS
Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.
LOGISTICS
Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port
Geneva
It occupies an area of over 100 thousand square meters
LOGISTICS
Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics
Rome
Monthly gross earnings increase at 750 Euros in three tranche
LOGISTICS
Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management
Sydney
It was unanimously approved by the Australian logistic group Cda
CRUISES
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
INDUSTRY
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
PORTS
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
INFRASTRUCTURE
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
SHIPPING
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
ASSOCIATIONS
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
PORTS
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
SHIPPING
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
ASSOCIATIONS
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
PORTS
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
PORTS
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
DEFENCE
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
INDUSTRY
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
TRANSPORTATION
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
SHIPPING
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
PORTS
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
SHIPPING
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
SHIPYARDS
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
PORTS
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
SHIPYARDS
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
PORTS
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
SHIPPING
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
ENVIRONMENT
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
PROGRESS AND TECHNOLOGY
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
ENVIRONMENT
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
PORTS
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
LOGISTICS
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
INDUSTRY
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
COMPANIES
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
SHIPPING
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
ACCIDENTS
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
INTERMODAL TRANSPORT
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
AVIATION
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
SHIPPING
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
PORTS
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
SEAFARERS
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
ASSOCIATIONS
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
PORTS
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
SHIPPING
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
INSTITUTIONS
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
PORTS
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
PORTS
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
INDUSTRY
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
LAW
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
COMPANIES
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
COMPANIES
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Livorno
Livorno Reefer to acquire stake in CSC
SHIPPING
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
SHIPPING
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
SHIPPING
ICS has published its periodic analysis of flag state performance
London
COMPANIES
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
PORTS
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
SHIPPING
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
PROGRESS AND TECHNOLOGY
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
PORTS
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
PORTS
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
PORTS
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
DEFENCE
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
INDUSTRY
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
SAFETY & SECURITY
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
PORTS
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
INDUSTRY
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
YACHTING
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
PORTS
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
MOURNING
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
PORTS
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
INTERMODAL TRANSPORT
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
COMPANIES
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
PORTS
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
SHIPPING
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
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
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
MEETINGS
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
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
FREIGHT TERMINALS
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
SHIPPING
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
PORTS
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
MARINAS
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
OFFSHORE
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
LOGISTICS
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
PORTS
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
SHIPPING
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
COMPANIES
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
SHIPPING
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
SHIPPING
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
SHIPPING
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
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