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25 February 2026 - Year XXX
Independent journal on economy and transport policy
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BRIEFS
October 26, 2004
The Business Timesweb site
Shipping News
  • Indonesia pressures Eukor to salvage sunken car carrier
    INDONESIA is mounting pressure on ship operator Eukor Car Carriers Inc to remove the wreck of the Hyundai No 105 car carrier that sank in May this year after a collision in the Singapore Strait.
  • Fears of shipowners' strike in Norway drive up oil prices
    CRUDE oil rose to a record in New York on concern production in Norway, the world's third-biggest exporter, may be halted by a shipowners' strike, reducing supply as demand from China is increasing.
  • Tanker rates from Middle East hit record high
    OIL tanker rates for shipping crude from the Middle East reached a record high for a fourth week as refiners boosted fuel imports ahead of the northern hemisphere winter amid soaring oil prices.
  • China Shipping's Q3 profit swells 64%
  • North Korea fumes as Japan and allies prepare for marine drill

Sched Netweb site
  • Forum raises key concerns about China's port industry
  • Rail freight transportation rises in September
  • Canadian rail firm opens offices in Shanghai, Beijing
  • USF Corp net income falls
  • Hanjin Shipping to expand Portland operation
  • Tax cut to benefit US shipping companies
  • Cathay Pacific granted further rights for China services
  • AMR suffers Q3 loss of US$214m
  • HKIA upgrades power system
  • Air New Zealand to increase Perth frequency, fuel surcharge

Exim Indiaweb site
  • Essar Shipping net surges by 46 pc in Q2
  • MoS to encourage entry of private firms in dredging
  • Onion exporters now shedding tears of joy
  • Garment exports up by 25 pc in Sept.
  • Jewellery exports to touch $ 16 bn by 2007: GJEPC chief
  • Dairy product exports rising
  • Over 1.2 lakh tonnes of cheap soya oil imports flood India
  • Ports in Gujarat, scrap dealers told to declare explosives in scrap cargoes
  • Dahej terminal to handle 5 m tonnes of LNG from next year
  • Transworld Logistics bags prestigious ODC contract of Praj Industries
  • Consolidated Shipping Group (UAE) & LCL Agencies (India) form strategic alliance
  • Forex reserves up by $ 20 million to $ 1,19,304 million
  • Plan panel to review role of TAMP
  • India to stress on 'quality' of cotton textiles: Minister
  • Textile industry well set to meet post-quota demands: ICMF chief
  • Major gas find at Hazira in Gujarat
  • Study sees potential for $ 300-bn manufactured goods exports by 2015
  • CCEA approves Rs 190-cr. scheme to strengthen agri-marketing infrastructure
  • Forex reserves swell by $ 332 m
  • New Zealand PM seeks better trade ties

The Bunker Bulletinweb site
OCTOBER 25, 2004
  • Curoil: Sales improving as year closes
    Netherlands Antilles supplier sees positive end to challenging year.
  • 'More of the same' as China-bound arb rates hit $9m
    Poten and Partners' Marine Director predicts continued high freight rates for the transportation of fuel oil as Panamax fleet adjustment to double hulls continues.
  • Utility fuel oil demand waning, bunkers increasing
    Delegates at 25th Fuel Oil Buyer's Conference in Miami told by utility companies that adaptation to natural gas and tighter sulphur regulations on fuel oil will see demand wane.
  • New spill in Washington waters
    A small spill was reported in Washington waters this weekend, but fortunately far smaller than the recent 'mystery' Tacoma incident, which is still being investigated.
  • New Vopak Europoort pier ready for first vessel
    A crucial part of the so-called Vopak Terminal Europoort Fuel Oil investment programme is complete as new finger pier awaits first vessel.
  • Gibraltar brisk and bullish
  • Testing agency warns charterers about quality requirements
    While bunker suppliers are able to limit their liability to the exact ISO 8217 specifications, charterers' responsibility for bunker quality goes beyond 'on spec' requirements.
  • Hong Kong players hopeful of improved market
    Suppliers in Hong Kong anticipate improved demand with prices regaining a more competitive edge. Taiwan remained closed today.
  • O.W. Far East expands trading team further
  • Firm start to the week in Rotterdam
  • Surveyor's trial not set to resume until mid December
    The trial of bunker surveyor, Vigneson Subramaniam, which began last Monday and was adjourned four days later is not expected to resume until December 17.
  • Former FAMM employee appointed sales manager at Kittiwake
    Kittiwake Developments Ltd appoints new sales manager with extensive knowledge and experience of the marine fuels and lubricants market.

International Transport Journalweb site
  • EFL International Distribution launches improved website
  • Round table examines EU enlargement and road transport
  • U-Freight inaugurates new Penang logistics hub
  • IHG Logistics: Germany-Syria weekly
  • Icelandic companies in airline share purchasing spree
  • New Ireland service
  • Jordi Mallol soon to resign as Feteia president

Maritime Global Netweb site
OCTOBER 25, 2004
  • Camillo Eitzen buys tanker newbuild resales
  • Concordia VLCCs sold to new company
  • Australia set to cut liner conference antitrust immunity
  • Tidewater's US operations back in profit
  • US tax law change "to create level playing field"
  • Bunker warning to charterers

Marine Logweb site
OCTOBER 25, 2004
  • Carnival plans $1 billion stock repurchase
  • P&I warning on pilot personal injury claims

World Wide Shipperweb site
OCTOBER 25, 2004
  • Made in Oregon opens expanded Portland Airport store
  • South Maury Island spill has Gov. Locke making changes
  • Daylight Savings Time ending on Halloween
  • Washington State Ferries pushes back Keystone meeting
  • Primaris Airlines buying Boeing Dreamliner aircraft

Lloyd's Listweb site
  • Oslo steps in to end North Sea oil rig strike
    NORWAY'S 3m barrel per day North Sea oil sector has been hauled back from total shutdown after the Oslo government yesterday intervened for the second time this year to stop an industrial dispute bringing production to a standstill.
  • Shipping Australia vows to amend trade act
    CONTAINER line umbrella group Shipping Australia has pledged to propose its own amendments to Part X of the Trade Practices Act to convince the country's Productivity Commission that abolition of anti-trust immunity would be counterproductive, reports Lloyd's List DCN in Australia.
  • Design features add to bill for AP Møller-Maersk ships
    AP Møller-Maersk is prepared to pay a high price for quality, with optional design features adding more than 10% to the cost of a quartet of super post-panamaxes to be built in Korea.
  • Carnival to buyback $1bn shares
    CARNIVAL Corp has unveiled a plan to internalise some of its bountiful cash through a board authorisation to buy back up to $1bn of its shares and a 20% increase in its quarterly dividend.
  • Pedal-powered boost to the Entente Cordiale
    P&O Ferries gave a generous boost to cross-Channel relations at the weekend with its sponsorship of a unique Paris to London cycle race, held as part of this year's centenary celebrations of the Entente Cordiale diplomatic agreement between the two nations.

Fairplayweb site
OCTOBER 25, 2004
  • Norway to end oil strike
    THE Norwegian government plans to end a long-running offshore rig strike through forced meditation today, an official at the Norwegian Shipowners' Association (NSA) told Fairplay
  • New ore deal furthers port expansion
    AUSTRALIA'S Fortescue Metals has announced its third firm contract to supply iron ore to China, furthering its plan to export 45Mtpa through Port Hedland from 2007
  • Puerto Rico cruise impasse spreads
    THE ongoing impasse between Puerto Rico and the cruise industry is now affecting islands elsewhere in the Caribbean
  • US may export beef to Japan again
    BEEF exports may soon begin flowing from the US to Japan, breaking a ban in place since last December after a single BSE case was discovered in Washington State
  • Concor plans two more CFS JVs
    CONTAINER Corp of India is planning to set up two more container freight stations as joint ventures
  • Kingston vows to clear congestion
    CONGESTION in Kingston, Jamaica will be alleviated, vows Peter Ford, the new GM of APM's Kingston Container Terminal
  • BBC China may break up
  • China Shipping's 3Q04 profit up 64%
  • Canadian LNG protests
  • Camillo buys two chemical tankers
  • Seamen bailed after diver's death
  • Hutchison denies Yantai talks
  • Polaris enters Puget Sound spill
  • Australian anti-trust fight
  • Italy agrees to take in stowaways
  • Le Havre's first Port 2000 deal

The Journal of Commerceweb site
OCTOBER 25, 2004
  • EU to lift sanctions on U.S. exports
    European Union will lift sanctions on U.S. goods in January after Congress repealed $5 billion in illegal export subsidies.
  • Double-digit growth for Savannah
    Container tonnage and traffic moved by rail surged in the first three months of the Georgia port's fiscal year.
  • Customs proposes C-TPAT standards
  • Trade growth to strengthen: WTO
  • CNF swings to 3Q loss on charge
  • New York shipments grow
  • AAEI surveying effects of inspections
  • NWA Cargo expands China service
  • Ohio county offers $300M bonds for DHL
  • India-Europe costs to rise
  • Thailand streamlines customs processing
  • Ryder income up 45 percent

Containerisation Internationalweb site
OCTOBER 25, 2004
  • Carriers promise own Part X alternative for Australia
    Carriers will present their own alternative to the Australian Productivity Commission's (PC) draft recommendation to end anti-trust immunity, in an effort 'to avoid, if at all possible, increased Government regulation.'
  • Xiamen added to Australia-China Express
  • Port Klang terminals to hike rates 10%-90%
  • Growing Marseilles beginning to reposition empties for other European ports
  • CONCOR to tie up with P&O Ports and CMA CGM or MISC for new ICDs
  • Shock for NZ-China meat trade
  • Oil fuels the world and trade, says Gulftainer
  • APMT Rotterdam embarks on 'maximum' expansion scheme
  • Incheon volumes grew by 15%
  • Royal P&O Nedlloyd EGM to settle board and share-purchase questions

TradeWindsweb site
OCTOBER 25, 2004
  • Rising tide
    Louisiana-based offshore operator Tidewater also seeing benefits from US tax reform.
  • Teekay tanker OK to sail
    Chartered Bergitta cleared to discharge crude in Rotterdam before fixing collision damage.
  • Drunken sailor escapes longboat
    Novoship tanker master who was ten times over limit gets away with modest fine.
  • The taxman lightens up
    Bush inks reform bill with major boost to OSG.
  • Gram sells newbuildings
    A consortium led by Peter D Gram confirms Korean chemical carrier deal with Eitzen.
  • Carnival to buy back $1bn of stock
    Micky Arison hopes to boost investor value by mopping up spare cash.
  • Essar on the up
    Indian owner's tankers and bulkers bring in the cash during second quarter.
  • Ispat sails into the sunset
    Steel sultan Lakshmi Mittal to lend his name to shipping subsidiary as part of big restructuring.
  • Teekay tanker collision
    Denmark detains laden aframax and containership involved in Great Belt collision.
  • DFDS boosts ro-ro terminal
    Danish shipowner's Copenhagen facility wins five weekly calls from acquisition target Polferries.
  • Profits slide at GSI
    Low value of projects plus rising costs hit third quarter performance at Chinese shipbuilder.
  • DL defies doom-mongers
    Indonesia's Djakarta Lloyd reveals three years of profits despite claims of red ink.
  • Frontline confirms VLCC sale
    Single-hulled Golden fountain off to new owners, but not before one more profitable voyage.
  • Korean newbuildings sold
    But Axel Eitzen is not confirming details of chemical carrier deal that appears to bring in Peter D Gram as shareholder.
  • If at first...
    Top Tankers goes back to market for $25m it did not get in July IPO.
  • Four more for Vinalines
    Vietnam owner continues series of newbuildings at domestic Vinashin yard.
  • VLCCs break $200,000 barrier
    Records continue to tumble as Eastern Mediterranean tanker reported fixed at World Scale 275 into Korea.
  • Severnaya talks to Sovcomflot
    Russian naval builder looks to book some civil business with a multipurpose order.
  • Panama mulls new charges
    Meeting of Canal's board in Chile considers future of tariffs.
  • Daewoo seeks KLC influence
    Korean shipbuilder joins Fredriksen as shareholder in domestic LNG player with a $22.6m spend on its stock.
  • Suez Canal revenues up
    But fewer ships passed through waterway in August compared to the previous month.

American Shipperweb site
OCTOBER 25, 2004
  • Hanjin service preserves Japan exports for Pacific Northwest growers
  • Royal P&O Nedlloyd finalizes shareholders' meeting
  • Montemar replaces affiliate in U.S./South America joint service
  • China Shipping replaces Trieste feeder by direct service
  • NASSCO starts construction of fourth BP oil tanker
  • UPS posts $791 million profit on international strength
  • Record U.S. intermodal volumes
  • U.S. Customs stations attaches in Mexico, Canada
  • U.S. beef exports to Japan to resume soon
  • AAEI project to document effect of customs exams on shippers
  • WTO reports resilient strength of world trade
  • Textile panel rules that threat exists from imported Chinese socks
  • Fish and Wildlife to allow controlled beluga sturgeon imports
  • Marseilles-Fos box volumes rise 11%
  • Joint container control program started in Guayaquil, Dakar ports

The Scandinavian Shipping Gazetteweb site
OCTOBER 25, 2004
  • Forced arbitration likely in North Sea conflict
    The Norwegian government is likely to use its powers to bring the parties in the four month old North Sea ...
  • Drunk captain removed from bridge
    A Russian captain of the 19,990 DWT chemical/CPP tanker "MCT Alioth" was removed from command when it was establised ...
  • Container carrier and tanker in collision in Great Belt
    Sunday afternoon a container carrier and a tanker loaded with heavy fuel oil was in a collision near Agersø Flak ...

›››File
FROM THE HOME PAGE
RAILWAY TRANSPORT
New logistics hub in London to boost rail freight through the Channel Tunnel
London
An investment of around £15 million is expected
COMPANIES
Jeremy Nixon will hand over his position as CEO of Ocean Network Express to Till Ole Barrelet on July 1st.
Singapore
The German manager comes from Emirates Shipping Lines
INTERMODAL TRANSPORT
The first three electric gantry cranes have been installed at the new intermodal terminal in Milan Smistamento.
Milan
At full capacity it will be able to handle up to 44 trains per day
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
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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