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Independent journal on economy and transport policy
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BRIEFS
November 16, 2004
The Business Timesweb site
Shipping News
  • High steel prices, weak US$ hurting Korean shipyards
    THE impact of the decline of the US dollar and the global shortage of steel have begun to show in the earnings of the world's biggest shipbuilders.
  • Aussie ports to test high-tech acoustic fences
    IN a bid to address a widely acknowledged gap in global port security, two Australian ports are set to test out high-tech 'acoustic fences' capable of detecting incursions by small boats and divers.
  • Frontline's Q3 earnings quadruple
    FRONTLINE Ltd, the world's biggest oil tanker company, said third-quarter profit quadrupled to a record and earnings next quarter will be twice as high as demand for vessels outpaces supply.
  • P&O Ports' Philippine unit posts 17% fall in profits
  • Indian companies to partner Iran in port, rail projects

Sched Netweb site
  • Shenzhen-Hong Kong bridge to be completed in 2005
  • POAL considers buying stake in port corporation
  • Yunnan Customs checkpoint upgraded
  • RPONL CEO notes magnet's growing stake in company
  • Seattle posts record throughput in September
  • Brunswick containerisation plan nixed
  • Air cargo traffic at HKIA grows in October
  • US TSA unveils air cargo security plan
  • AirAsia to expand network to China
  • China Southern buys airlines

Exim Indiaweb site
  • Keel laid for Denmark company's bulk carrier at Cochin Shipyard
  • Dubai positions itself as regional cruise hub
  • Safmarine wins maritime innovation award
  • Anti-dumping duty on lead acid batteries imports to be withdrawn
  • India-Turkey trade poised to touch $ 1 bn
  • EU wants facility to exchange trade data
  • UP plans to export 2,500 tonnes of potato
  • Oilmeal exports shoot up by 132 pc
  • Vizhinjam, Cochin ICTTs may wean away part of Colombo's box traffic
  • New Mangalore Port augmenting facilities
  • Exempt transport of export cargo by sea too from service tax'WISA
  • Steel prices may be jacked up again
  • Govt extends excise duty exemption to new units in Kutch by a year
  • Comprehensive definition of services exports liable to tax being worked out
  • Availing of export credit refinance proves more lucrative for banks
  • IMC team briefs FM about exporters' problems

The Bunker Bulletinweb site
NOVEMBER 15, 2004
  • US Gulf bunker prices collapse 43% in 30 days
    Aggressive local markets combined with bearish crude sentiment sees IFO380 bunker prices almost half in 30 days in Houston and New Orleans.
  • Oil, bunker prices fall on Iranian cessation
    New York crude oil levels fall to two-month low and bunker prices in world's major ports continue to slide as tensions appear to ease in Middle East.
  • Marine fuel tops bill at Prague energy briefing
  • Russia: New tax claims not seen as another Yukos affair
    Tax claim against TNK-BP downplayed as an 'adjustment' and not another raft of tax claims against Russian oil companies.
  • Gibraltar softens further as demand increases
  • Durban operator to increase barge rates
    One of the port's two bunker barge operators has announced a rate increase.
  • Romanian supplier expands to meet demand
    Romanian bunker supplier Unicom Holding S.A. will soon be offering IFO380, previously unavailable in Romania, to vessels calling at Constantza following a major expansion of its bunkering operations.
  • Rotterdam slips lower with crude
  • Traders predict sharp fall in Korean bunkers
    While Korean prices remain high compared to competing markets, Korean traders expect prices to come down heavily.
  • Large bunker spill feared after freighter smashes breakwater
    The Japan Coast Guard is battling to prevent a major environmental disaster after a freighter smashed into a breakwater in northern Japan.

Maritime Global Netweb site
NOVEMBER 15, 2004
  • Frontline's best ever Q3
  • Camillo Eitzen's Q3 earnings dip
  • MOL to order 10 more large car carriers
  • Stelmar board urges green light for sale to Fortress
  • Lintec supports Singapore sample size rules
  • Griffin and InterARGO merge crew travel operations

Marine Logweb site
NOVEMBER 15, 2004
  • Siem buys Halliburton Subsea7 stake
  • VT Halter low bidder on Steamship Authority ferry
  • Customs: EU and U.S. act on container security
  • American salvors agree key initiatives
  • Zim in $732 million expansion

World Wide Shipperweb site
NOVEMBER 15, 2004
  • Matson sets new round of rate/charge increases
  • Port of Seattle wins award for Sea-Tac Airport improvements
  • Port of Portland offers tips for holiday air travel
  • Mitsui plans to build ten new car carriers
  • Coast Guard honors surfmen at Illwaco, Washington ceremony

Lloyd's Listweb site
  • Stakes raised for Stelmar's D-day
    Stelmar Shipping's proposed takeover by Fortress Investment Group seemed to hang in the balance last night as both 'Yes' and 'No' camps cranked up the pressure ahead of the merger vote by Stelmar shareholders scheduled for later today in a Manhattan hotel.
  • Shareholders in line for bumper payout as Frontline heads for record earnings
    FRONTLINE'S shareholders are enjoying a cash and shares bonanza as the world's largest tanker owner heads for record quarterly earnings in the final three months of the year.
  • Seven crew die in Marine Osaka tragedy
    SEVEN people have been confirmed dead following the sinking of the South Korean flag Marine Osaka.
  • Deadline for Lloyd's List nominations
    DO you believe your company is setting the benchmark for the maritime industry? Or perhaps you feel that one of your clients or suppliers is worthy of praise for outstanding performance?

Fairplayweb site
NOVEMBER 15, 2004
  • MC's Crawford grateful for profit
    MC Shipping has blamed "poor results" in its third quarter on efforts to "clean up" the company. Profits of $494,000 on revenues of $8.1M were posted, compared with profits of $1.4M on revenues of $7.9M during the same period last year
  • NYK ties up with Sovcomflot
    NYK has teamed up for the first time with Russian shipping company Sovcomflot to transport LNG
  • Busan terminals working non-stop
    ALL six terminals in Korea's biggest container port of Busan are now functional for 24 hours following Korea Hutchison Terminal's decision to introduce a round-the-clock operation system for its Jasungdae facility
  • New box berth for Felixstowe
    THE last berth capable of accommodating the biggest containerships to become operational in the UK for at least two years was commissioned today at Felixstowe
  • UK tonnage tax in crisis debate
    A UK seafarer union is to host a seminar telling politicians why ships operating in the tonnage tax regime should be obliged to employ a minimum number of UK seafarers
  • Fortress: 11th-hour Stelmar offer
    FORTRESS Investments has raised its offer for Stelmar Shipping to $40 per share on the eve of tomorrow's special meeting in New York
  • Germany reaches subsidy compromise
  • New order averts damaging protest
  • Good rates for larger boxships
  • Guatemala opens cruise terminal
  • Unlucky Shamrock changes hands
  • Frontline goes dry on 1 December
  • Port contractor under investigation
  • Class cautious about Marina rethink
  • Transneft ditches pipeline plan
  • India seeks gas compromise

The Journal of Commerceweb site
NOVEMBER 15, 2004
  • LA-Long Beach beating pier pressure
    Extra longshoremen, fewer calls finally helping to clear congestion at largest container gateway.
  • EU, U.S. team on container security
    European Union adopts first measures aimed at resolving trans-Atlantic dispute over how to protect global supply chain from terrorist attacks.
  • CP Ships net up
  • Hamburg Süd working around LA
  • More funding expected for NY barge service
  • Schneider National unveils new container
  • Alabama Ports mull security fees
  • Boeing plans 777 freighter
  • Portland CFO retires
  • Seattle CEO keynotes RFID seminar
  • Tippit wins IANA Silver Kingpin award
  • New India rail box shipper

Containerisation Internationalweb site
NOVEMBER 15, 2004
  • HPH sucked into Dutch financial scandal
    Hong Kong port operator Hutchison Port Holdings (HPH) has been linked to the Rottergate financial scandal, lending '20 (US$25.86) million to the ailing RDM defence group in May 2004.
  • Atlantic continues to plague CP Ships
    CP Ships continues to struggle in its core market with its Atlantic Q3 operating income collapsing to less than half of its 2003 third quarter value.
  • Maersk Logistics enters into second Chinese partnership
  • Shanghai's port users are caught between the devil and the deep blue sea
  • Record results reduce HMM debts
  • Malaysian haulier sees sense in total logistics

TradeWindsweb site
NOVEMBER 15, 2004
  • Good times too good to last
    Frontline shipowning offshoot warns that freight rates that pay for a tanker in two years must fall.
  • Pay off hits MC profit
    LPG operator pays a price for severance deal with former chief executive Guy Morel and legacy charters.
  • Keep your 'nickels and dimes'
    The Haji-Ioannous are rejecting an improved Stelmar takeover offer and want heads to roll after tomorrow's vote.
  • Miles under the loupe?
    CP Ships is investigating insider trading and promising to get right with Sarbanes-Oxley.
  • Attica on the climb
    Superfast and Blue Star are swelling the till at Pericles Panagopoulos's Attica group.
  • Sonatrach confirms LNG option
    Algerian owner gives go ahead to build second "medmax" ship at Universal in Japan.
  • Hanjin doubles its money
    Korean boxship player notches up big rise in earnings in first nine months of 2004.
  • Frontline nears record
    Share price at close to 12 month high as tankers again prove a licence to print money.
  • Ultrapetrol raises $180m
    Shipping-hungry bond market gives up $30m more than expected to South American owner.
  • Daewoo struggling too
    Another Korean yard announces big drop in third quarter profit.
  • TTA turns it on
    Thai bulker owner boosted by better freight markets in year to 30 September.
  • Currency clobbers Samsung
    Korean shipbuilder's third quarter profit hit by falling US dollar and bond buy-back.
  • Frontline rides the bull
    Top tanker company believes strong market will continue despite $17.2m freight futures loss.
  • LNG lifesaver for Izar yard
    Spanish utility Gas Natural throws La Naval shipyard a lifeline?
  • Norwegians bolt from Stolt
    Shipowner Christen Sveaas and lawyer Erling Hjort are on their bikes.
  • Two die in Algerian storms
    Crew from SNTM and Turkish vessels lost in high seas off Algiers.
  • Camillo Eitzen stays cautious
    Profitability of Norwegian shipping group declines as charter costs rise and it takes a conservative view of Chinese bulk market.
  • Earnings escalate at HMM
    Korean owner boosts profit by more than 1,000% in nine months to end-September.

American Shipperweb site
NOVEMBER 15, 2004
  • EU, U.S. agree on maritime container security measures
  • CMA CGM will not add own ships in Atlantic
  • Coast Guard issues latest noncompliant country list
  • China Shipping phases in new mega-ship into Pacific trade
  • Matson raises Hawaii freight rates
  • Grand Alliance, CP Ships to omit Atlantic calls
  • United Airlines expands California/Japan service
  • Hoffa calls for State Department to investigate El Salvador murder
  • Texas judge will confront FRA after latest UP death
  • Owens to manage C-TPAT program
  • U.S. textile makers file 9th petition against Chinese imports
  • BIS removes four Russian firms from its "Entity List"
  • USTR extends GSP petition deadline to Dec. 13
  • China trade to cool off
  • Sacamano joins AAEI
  • Rumsfeld praises Panama for protecting the canal
  • Metropolitan to handle Chiquita in Port of Hueneme

The Scandinavian Shipping Gazetteweb site
NOVEMBER 15, 2004
  • A.P. Møller-Mærsk lift options on LNG's
    A.P. Møller-Mærsk has signed up with Samsung Heavy Industries for further two LNG carriers of a larger type. The ...
  • Faroe Island wants to develop ship register
    Faroe Island's ship register is to be made more internationally competitive by introduction of a tonnage tax system and other ...
  • Broström plans share issue for expansion
    The Swedish tanker specialist Broström will issue 6.3 million B-shares to finance purchases of outstanding parts in part-owned ...

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
SHIPPING
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
ACCIDENTS
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
PORTS
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
SHIPPING
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
SHIPPING
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
TRANSPORTATION
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
TRADE
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
PORTS
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
PORTS
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
COMPANIES
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
SHIPPING
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
SHIPYARDS
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
PORTS
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
SHIPYARDS
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
SHIPPING
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
INTERMODAL TRANSPORT
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
SHIPPING
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
POLICY
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
SHIPYARDS
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
SHIPPING
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
ACCIDENTS
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
SHIPYARDS
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
PORTS
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
COMPANIES
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
PORTS
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
SHIPYARDS
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
PORTS
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
SHIPPING
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
TRADE
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
PORTS
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
SHIPPING
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
PORTS
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
RAILWAY TRANSPORT
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
TRADE
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
ACCIDENTS
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
PORTS
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
PORTS
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
PORTS
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
SHIPYARDS
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
PIRACY
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
LAW
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
PORTS
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
SHIPPING
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
PORTS
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
PORTS
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
COMPANIES
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
ACCIDENTS
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
PORTS
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
COMPANIES
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
PORTS
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
PORTS
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
PORTS
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
PORTS
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
PORTS
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
SHIPPING
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
SHIPPING
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
SHIPPING
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
PORTS
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
SHIPPING
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
ACCIDENTS
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
SHIPPING
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
SHIPYARDS
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
SHIPPING
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
CRUISES
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
ACCIDENTS
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
PORTS
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
TRUCKING
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
CRUISES
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
SHIPYARDS
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
RAILWAY TRANSPORT
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
SAFETY & SECURITY
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
PROGRESS AND TECHNOLOGY
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
PORTS
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
PORTS
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
COMPANIES
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
SAFETY & SECURITY
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
INTERMODAL TRANSPORT
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
NEWS
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
COMPANIES
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
INFRASTRUCTURE
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
COMPANIES
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
COMPANIES
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
SHIPPING
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
INDUSTRY
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
NEWS
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
PORTS
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
PORTS
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
PORTS
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
COMPANIES
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
SHIPPING
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
PORTS
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
INDUSTRY
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
ACCIDENTS
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
PORTS
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
ACCIDENTS
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
INDUSTRY
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
INDUSTRY
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COMPANIES
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
COMPANIES
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
SHIPYARDS
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
SHIPPING
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
SHIPYARDS
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
SHIPPING
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
SHIPPING
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
MOURNING
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
NEWS
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
PORTS
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
PORTS
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
PORTS
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
PORTS
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
INTERMODAL TRANSPORT
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
LOGISTICS
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
PORTS
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
CRUISES
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
PORTS
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
PORTS
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
SHIPPING
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
SHIPPING
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
PORTS
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
PORTS
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
INDUSTRY
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
SHIPPING
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
PORTS
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
SHIPPING
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
COMPANIES
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
MOURNING
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
PORTS
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
PORTS
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
PORTS
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
COMPANIES
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
PORTS
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
PORTS
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
MEETINGS
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
LOGISTICS
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
LOGISTICS
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
SHIPPING
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
PORTS
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
SHIPPING
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
SHIPPING
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
ACCIDENTS
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
PORTS
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
PORTS
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
INTERMODAL TRANSPORT
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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