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Independent journal on economy and transport policy
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BRIEFS
November 22, 2004
The Business Timesweb site
Shipping News
  • Rally in shipping stocks expected to continue
    SINGAPORE-listed shipping companies will continue to enjoy steady earnings growth in the medium term as freight and charter rates remain underpinned by a combination of strong demand for shipping space and increasing capacity shortage, say analysts.
  • No end in sight to China's transport bottlenecks
    CHINA's chronic railway bottlenecks which have caused lengthy delays in delivery of coal, iron ore and oil are expected to continue next year even as the country's economic growth slows, analysts say.
  • Ship diversions, more workers ease US port congestions
    A ship logjam that caused protracted freight backups at America's largest port complex has been cleared, officials said, but the timely flow of cargo remains hampered by ongoing delays in moving cargo out of jammed port terminals.
  • Australia planning another container port at Hastings

Sched Netweb site
  • Egg noodles exports rise after bird flu disappears
  • Third Party Logistics in China needs improved policies
  • CP Ships announce new VP
  • Tianjin to Beijing in 30 minutes by 2007
  • MOL Logistics opens new branch in Zhangjiagang
  • MSC approved by Port of Marseilles
  • Norasia adds vessel to RTW service
  • Asia/WCSA announce business plan for 2005
  • Record throughput at Hekou checkpoint
  • Guangdong invests US$60 billion to boost shipping
  • Continental seeks further salary and benefits cuts
  • New Sino-Macau air pact boosts cargo capacity
  • Lufthansa Cargo takes delivery of converted aircraft

Exim Indiaweb site
  • Norasia strengthens RTW service
  • 18 port projects approved, says Baalu
  • Exim Bank disburses Rs 4,400 cr. in April-Sept.
  • Gems, jewellery exports register sparkling 34 pc increase in April-October
  • Apparel exports post hefty 14.5 pc rise in value terms during January-October
  • Rubber export subsidy for 2004-05 halved
  • Trade with Myanmar in freely convertible currency allowed
  • Edible oil imports rise by 32 pc in Oct.
  • India to take up US, EU's high textile tariffs at Geneva meet
  • Emirates net shoots up by impressive 41 pc
  • Air-India to introduce 4 more services to US
  • TCI to widen use of global positioning system
  • Mumbai-Ahmedabad bullet train service planned
  • Consultative panel favours curbs on iron ore exports
  • Exim Bank bets big on agro, food processing industries in EOU sector
  • SMEs to get $ 120 m World Bank aid
  • FM promises fiscal steps to rein in inflation
  • Official hints at major tax reforms, curbs on concessions in new Budget
  • CMIE projects 3 pc rise in summer grains output
  • Kamal Nath moots joint study group on economic cooperation agreement with Russia
  • Gold lends glitter to forex pile
  • FFFAI delegation off to attend ASEAN FFA AGM in Yangon
  • IFTDO meet in Delhi from today

The Bunker Bulletinweb site
NOVEMBER 19, 2004
  • OPEC: Heavy crude processing key to lower prices
    Cartel says that flexibility of refiners to process heavy crudes vital to keeping prices down and ensuring stable market, 2005 oil demand forecast revised lower.
  • Factors conspire to halt Black Sea product shipments
    Volga-Don channel set to reopen but port closures and delays in the Turkish Straits frustrate rush to export Russian crude and oil products before winter closure.
  • Rotterdam firms up into weekend
  • Royal Vopak reports solid Q3 profits despite weaker dollar
    Royal Vopak today announced solid third quarter profits, helped by improvements in the Rotterdam and Singapore bunker markets.
  • Bunker barges in Paranagua mobilised to assist spill clean-up
    Bunker barges in the port of Paranagua have been mobilised to assist in a bunker spill clean up operation after a chemical tanker explosion in the port.

International Transport Journalweb site
  • Data Burst offers low-cost tracking through laptops
  • France: TLF and FNTR demand HGV, fuel tax harmonisation
  • John Nurminen: Finnish chemical logistics terminal is finished
  • Dispute over PKP pallets continues
  • Luton Airport joint venture to be bought out?
  • Crosslinks starts Algerian service
  • Norfolk Southern names new president and senior management

Maritime Global Netweb site
NOVEMBER 19, 2004
  • Mangouras allowed home, for a while
  • ISPS "is bad for seafarers' welfare"
  • IRS claims CAP success
  • Stelmar row continues

Marine Logweb site
NOVEMBER 20, 2004
  • Rochester unveils ferry plan

World Wide Shipperweb site
NOVEMBER 19, 2004
  • Royal Caribbean taps Springfield, Or. as site of new customer service center
  • US rail freight traffic maintains positive position
  • Carnival will help refurbish Jacques Cousteau's vessel CALYPSO
  • Port of Seattle CEO will speak at RFID event
  • LA/Long Beach congestion has Hamburg Süd making changes

Lloyd's Listweb site
  • Britain pledges fight over EU ports directive
    OPPONENTS of the European Commission's renewed attempt to regulate port services have won a powerful ally, with Britain promising to use its European Union presidency beginning in January to mount a challenge to Brussels.
  • Georgiopoulos grabs Cofco bulker fleet
    THE long drawn out departure from the world of shipping by China's state-run food agency, China National Cereals, Oil and Foodstuffs Import and Export Corp (Cofco), is over with Peter Georgiopoulos of General Maritime fame paying $420m for 16 bulk carriers.
  • DNV lists detention causes
    FAULTY lifeboats, defective fire pumps, and corroded ventilation systems are the three most common reasons to detain a ship, writes Janet Porter.
  • Past crime haunts Barrot
    JACQUES Barrot's tenure as European Union transport commissioner begins under a cloud today following revelations last week that he was convicted by a French court for misuse of public funds, writes Justin Stares in Brussels .
  • Paranagua berths stay shut after tanker blast
    Three fuel berths including Petrolbras' at Brazil's main grain port of Paranagua remain inoperative in the aftermath of a deadly ship explosion last Monday, Reuters reports .
  • Hansa Shipping joins Aframax International
    A NEW member has joined the Aframax International tanker pool, which was founded by Overseas Shipholding Group and PDV Marina, writes Tony Gray.
  • Bergesen joins rush to refinance
    Bergesen, the leading Norwegian bulk shipowner acquired last year by Helmut Sohmen's World-Wide Shipping, is set to become the latest leading owner to refinance and consolidate existing debt at lower margins, writes Tony Gray.

Fairplayweb site
NOVEMBER 19, 2004
  • Georgiopoulos in $420M bulker deal
    GENCO, a new private company led by General Maritime chairman Peter Georgiopoulos, has purchased the bulk carrier fleet of China's Cofco
  • Bid blocked, charges P&O Nedlloyd
    P&O Nedlloyd Container Line is suing the Port of Los Angeles accusing the mayor's office of blocking its bid for the so-called "green terminals."
  • STX Pan Ocean to be listed
    THE STX Group is planning an overseas listing of its new acquisition, the former Pan Ocean
  • Tianjin eyes box hub status
    TIANJIN port in northern China aims is aspiring for north-east container hub status and aims to expand capacity to handle 10M TEU annually by 2010
  • China to sustain 9% GDP growth
    CHINA'S booming economy, which has triggered the upsurge in world shipping, will grow by "around nine per cent" in 2004, Chinese President Hu Jintao has said
  • Paranagua terminals still closed
    PARANAGUA port head Eduardo Requiao has ordered that the Petrobras oil terminal and the Fospar fertiliser terminal must remain closed
  • Paranagua's Requiao slams critics
  • Union to reject new ABP offer
  • New US 'mad cow' scare
  • Bulker rejects damage assessment
  • Congestion fully cleared at LA-LB
  • New Orleans leads Gulf security fees
  • Seafarer dies in Greek sinking
  • Have your say!
  • PSA loses Hong Kong bid
  • Keppel Verolme gets Solitaire job

The Journal of Commerceweb site
NOVEMBER 19, 2004
  • Record volume for West Coast ports
    Containerized imports from Asia peaked in October as several West Coast ports reported record cargo volumes.
  • Gulf ports set security fees
    Tariff changes slated for next spring to offset rising costs of federal security mandates.
  • Seattle volume soars
  • FMC extends comment period on NVO contracts
  • FedEx, others press Bush on trade as China's power grows
  • Trailer Bridge ups bond offer
  • UPS sets quarterly dividend
  • BNSF adds transload to Texas center
  • World economy to weaken: Survey
  • New bridge to link Asia box rivals
  • MOL Logistics opens Zhangjiagang office
  • Emirates lands record results

Containerisation Internationalweb site
NOVEMBER 19, 2004
  • Californian anti-congestion measures kick-in
    The number of containerships waiting to enter the ports of LA/Long Beach eased dramatically this week with only six vessels waiting at anchor today, all containerships, said the Marine Exchange of Southern California.
  • Australian importers attack container detention charges
    Carriers' efforts to keep in-demand containers moving have come under attack from transport groups in Australia, who are warning members they face significant financial penalties.
  • Zim and China Shipping to start direct Asia/Black Sea link
  • Dutch want Rottergate assurances before agreeing second Maasvlakte
  • China/EU step up maritime co-operation
  • Norasia adds vessel to RTW
  • China volumes surge again
  • Mumbai trust rejects need for congestion charges

TradeWindsweb site
NOVEMBER 19, 2004
  • Pasha Hawaii wins deal from Matson
    Van Ommeren USA joint venture signs new Hawaiin contract with Chrysler.
  • HMM expands tanker fleet
    Korean owner snaps up VLCC and two product carriers.
  • Bergesen World-Wide refinances
    Substantial reduction in interest costs in prospect for loans that helped Helmut Sohmen buy Norwegian shipping group.
  • US probes fuel spill
    Japanese shipowner comes clean over leak from ro-ro's fuel tanks off Savannah.
  • Kent Navigator in trouble again
    Canada detained structurally defective bulker in October that was prosecuted by US for oil dumping.
  • Oz cattle stuck on ship
    Another laden livestock carrier is in Middle Eastern limbo.
  • City mulls ferry buy
    Rochester could take over failed Lake Ontario service.
  • Massoel sells more bulkers
    Croatia's Atlantska Plovidba follows compatriot Tankerska in raiding Swiss owner.
  • Georgiopoulos lands bulkers
    Genmar chief's new venture Genco to buy 16 ships from Top Glory of Hong Kong.
  • Stickle in a pickle
    Court told that Sabine Transportation owner was involved in spill conspiracy 'up to his nose.'
  • Jinhui in fresh buyback
    Jinhui Shipping has spent $12.6m buying back and cancelling stock after a bull run.
  • Cook dies as ship sinks
    Eleven other crew rescued after Greece's Avantis III hits reef near Athens.
  • Namura profit shrinks
    Japanese yard struggles in first half but remains confident of turning it around.
  • Japanese trio in profit
    Smaller owners Meiji, Tamai and Tokai post positive earnings in first half.
  • Keppel plays Solitaire
    Legal battle surrounding ship doesn't stop second Singapore yard winning conversion work.
  • TFDS out of offshore
    Lars Peder Solstad's Solstad Offshore is buying a compatriot out of the offshore business.
  • Cosco exec set for windfall
    Director of Singapore subsidiary looking at major payday after exercising big chunk of stock options.
  • Fione refloated off UK
    German-owned general cargo vessel taken off rocks at Margate.
  • OMI to Stelmar: Drop Dead!
    CEO Stevenson says he's been teaching a stream of callers the spelling of the word 'NO.'
  • Oops!
    Chemical tanker grounds after Tunis port officials allegedly get draft wrong by 3.5 metres.
  • Navibulgar shines before sell-off
    Bulgarian state owner expects big profit for 2004, which should ensure healthy interest for upcoming share auction.
  • Cosco ties up with Huaneng
    State-owned shipping giant becomes "long-term" carrier for top Chinese electricity producer.
  • Hansa joins tanker pool
    Aframax International Pool welcomes its seventh member and takes fleet to thirty-eight ships.

American Shipperweb site
NOVEMBER 19, 2004
  • Analyst expects "major downturn" in container shipping in 2006
  • Hyundai's net profit increases 10-fold
  • Terms of Trailer Bridge borrowing finalized
  • Carriers add 13th ship to round-the-world service
  • Europe/West Africa carriers add Dakar congestion charge
  • Continental seeks $500 million from workers
  • Hai Win to start monthly China/Australia link
  • Moyes: Expect higher trucking rates
  • Blust: NVO contracts are "significant" changes since OSRA
  • NACA Logistics picks Freightgate software
  • Phoenix International opens Charleston, S.C. branch office
  • Ridge: U.S. security depends on international cargo standards
  • USDA reveals possible second "mad cow" case
  • Pacific CMA improves revenue results
  • EC approves sale of Maersk Data to IBM
  • Long Beach box traffic up 28% in October
  • Port of New Orleans approves security fees

The Scandinavian Shipping Gazetteweb site
NOVEMBER 19, 2004
  • Operation merger Fjord Line-Smyril Line
    Fjord Line AS of Bergen and PF Smyril Line of Torshavn have agreed to an operational merger in a jointly ...
  • Camillo Eitzen secures LPG deal
    Camillo Eitzen has secured a 7 year T/C, including a purchase option, for a 5,000 cbm pressurised LPG carrier ...
  • Mangouras can go home
    A Spanish court has granted Apostolos Mangouras, the master of the "Prestige", permission to travel to his native Greece for ...

›››File
FROM THE HOME PAGE
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.
SHIPPING
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
ACCIDENTS
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
LOGISTICS
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
SHIPPING
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
CRUISES
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
SHIPPING
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
SHIPPING
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
PORTS
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
RAILWAY TRANSPORT
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
PORTS
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
CRUISES
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
SHIPYARDS
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
PORTS
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
SHIPPING
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
CRUISES
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
SHIPPING
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PORTS
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
PORTS
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
RAILWAY TRANSPORT
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
SHIPYARDS
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
SHIPYARDS
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
SHIPYARDS
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
ACCIDENTS
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
CRUISES
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
PORTS
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
PORTS
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
COMPETITION
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
FREIGHT TERMINALS
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
INTERMODAL TRANSPORT
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
PORTS
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
PORTS
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
LEGISLATION
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
ACCIDENTS
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
SHIPPING
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
PORTS
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
TRANSPORTATION
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
SHIPPING
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
TRANSPORTATION
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
ACCIDENTS
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
PORTS
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
PORTS
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
PORTS
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
ACCIDENTS
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
PORTS
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
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%.
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
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
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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%
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.
PORTS
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
ACCIDENTS
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
SHIPPING
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
COMPANIES
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
PORTS
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
PORTS
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
PORTS
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
EDUCATION
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
INTERMODAL TRANSPORT
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
TRANSPORTATION
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
ACCIDENTS
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
INFRASTRUCTURE
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
LOGISTICS
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
LOGISTICS
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
PORTS
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
COMPANIES
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
PORTS
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
PORTS
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
INDUSTRY
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
PORTS
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
LOGISTICS
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
ASSOCIATIONS
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
PORTS
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
FREIGHT TERMINALS
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
INDUSTRY
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
OFFSHORE
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
LOGISTICS
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
ASSOCIATIONS
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
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
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
SHIPPING
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
EDUCATION
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
NEWS
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
INDUSTRY
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
SHIPPING
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
ACCIDENTS
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
ACCIDENTS
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
SHIPPING
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
INTERMODAL TRANSPORT
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
PORTS
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
CRUISES
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
PORTS
Western Liguria Port Authority approves 2026 budget update
Genoa
PORTS
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
INDUSTRY
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
PORTS
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
PORTS
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
SEAFARERS
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
PORTS
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
PORTS
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
PORTS
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
PORTS
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
PORTS
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
RAILWAY TRANSPORT
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
PORTS
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
PORTS
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
SHIPYARDS
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
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