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Independent journal on economy and transport policy
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BRIEFS
August 7, 2006
The Business Timesweb site
Shipping News
  • Orient Overseas may raise about US$1b selling ports
    ORIENT Overseas Ltd, Hong Kong's No 3 container shipping line, may raise about US$1 billion selling ports in North America, taking advantage of rising prices, three sources familiar with the plan said.
  • Posco says it's interested in buying Daewoo Shipbuilding
    POSCO, the world's fourth-biggest steelmaker, said it's interested in Daewoo Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder.
  • Japanese shipping lines Mitsui, K-Line cut forecasts
    MITSUI OSK Lines Ltd and Kawasaki Kisen Kaisha Ltd, Japan's second- and third-biggest shipping lines, cut their profit forecasts after rising fuel prices and falling container rates reduced first-quarter net income.
  • Beijing-Shenzhen train line expected in 2010

Sched Netweb site
  • MOL, NYK report net profit drops in Q1
  • Rate restoration to be implemented on West Africa trade
  • INTTRA establishes office in South Korea
  • Yangtze River mouth set for more deepening
  • Houston Aviation Bureau to jointly develop logistics hub at Dalian Airport
  • FedEx Express, USPS sign new mail deal worth US$8b
  • Atlas repays US$141m debt in cash
  • World Air Holdings Q1 net profit down 64.6 per cent

Exim Indiaweb site
  • Gandhidham Chamber hosting major maritime meet in Sept.
  • Essar Shipping's income up by 24 pc
  • All Allcargo regional offices receive stamp of ISO 9001:2000 certification
  • Govt finally slams ports' doors on Chinese firms
  • For Ambanis, logistics makes sound business sense now
  • Lalu puts up red signal for private financing of rail freight corridors
  • CONCOR & NSCSA flag off 1st dedicated box rake from ICD-Mandideep to Mumbai Port
  • Move to relax NFE norms for EOUs
  • Foreign Trade Policy Analysis: Current Trends

International Transport Journalweb site
  • Norfolk Southern names Thelen and Heilig to operations positions
  • Wallenius newbuildings ahead on environmental protection
  • United announces 40 additional weekly US flights
  • SBB Cargo in Karlsruhe and Singen
  • 3i acquires ABX Logistics from SNCB

Maritime Global Netweb site
AUGUST 4, 2006
  • EC report approves government spending on transport security
  • Jurong to build African offshore supply base
  • K Line's revenue up, profits down
  • MOL lowers FY2006 forecast

Marine Logweb site
AUGUST 5, 2006
  • Security vulnerabilities in TWIC plan
  • COSCO wins first FSO contracts

Lloyd's Listweb site
  • Morgan Stanley makes first dry physical foray
    MORGAN Stanley has moved to cash in on positive dry bulk markets, placing its first enquiry for a period panamax.
  • Shipyards unable to cope with Greeks' bulk fleet ambitions
    BROKERS are painting a picture of increasing frustration among dry bulk shipowners unable to secure berths for lucrative construction projects in what is otherwise emerging as an active summer for shipbuilding contracts.
  • Costa Crociere launches Fincantieri-built Serena
    COSTA Crociere's newest flagship, the 112,000 gt Costa Serena, was officially launched in Genoa on Friday at Fincantieri's Sestri Ponente yard, writes John McLaughlin.
  • Demand for new criteria on lifeboats
    A CALL for a radical overhaul of design criteria and operational practices for ships' lifeboats, which continue to kill and injure seafarers involved in drills, has come from the Nautical Institute.
  • Sohmen-Pao says BW will seek growth through industry consolidation
    SHIPOWNING giant BW Group continues to look for expansion opportunities across all the sectors in which it operates.

Fairplayweb site
AUGUST 4, 2006
  • Vancouver dock up for sale
    FRASER Surrey Dock, Vancouver, has confirmed that its break-bulk and container handling terminal on the Fraser River is up for sale
  • Connaughton confirmed as MarAd chief
    THE US Senate has confirmed Sean Connaughton as the country's new maritime administrator, and he will assume office on taking the oath
  • US Justice gives Stolt a break
    STOLT-Nielsen Transportation has won a postponement of potential federal indictments as a US judge refers the case to a court that will not meet until October
  • Top hit by expenses
    TOP Tankers' shares fell 12% yesterday in heavy trading after the company announced larger-than-expected losses in its second quarter
  • WFP secures fuel shipments into Lebanon
  • Engineers charged with oil dumping
  • Weather hampers Cougar salvage
  • Wärtsilä on high revs
  • Codelco rides out the landslide
  • Severe weather warnings reduced
  • Antares negotiations continue
  • NYK slashes full year forecast
  • APM to build box terminal in Vietnam
  • Typhoon blows away containers

The Journal of Commerceweb site
AUGUST 4, 2006
  • Charleston containers edge higher
    Record container volume of 1.98 million TEUs in the fiscal year ended June 30 was only 0.4 percent more than 1.97 million TEUs in 2005.
  • NIT League rejects liners' EC proposals
  • Connaughton confirmed by Senate as Marad chief
  • NYK slashes outlook
  • OOCL sees weaker per-TEU revenue
  • Halifax to meet goals despite flat container growth
  • Domestic air volume falls
  • E.R. Schiffahrt adds 8,200-TEU ship
  • Salvage of Cougar Ace clouded by weather
  • Uruguay port approved
  • Atlas to pay off debt
  • MOL to use solar power at Japanese terminal
  • Independent drivers oppose plan for Mexican trucks

Containerisation Internationalweb site
AUGUST 4, 2006
  • Australia retains liner shipping's antitrust exemption
    Australia is to retain liner shipping's exemptions from anti-competitive legislation but will no longer permit the registration of discussion agreements.
  • Court rejects Chittagong feeders surcharge appeal
    The appellate division of the Bangladesh Supreme Court restrained feeder operators from realising congestion surcharges in Chittagong until the High Court disposes of writs filed by port users.
  • NYK follows fellows to slash full-year outlook
  • OOIL H1 profits fall 9%
  • Russian rail fails to keep pace with Russian maritime box-growth
  • Strong response to OOIL terminal sale
  • Active terminals market could see Fraser Surrey sale by end of 2006
  • Competitors vie for crucial Australian east-west rail paths
  • Containers return to Argentina's Zarate

TradeWindsweb site
AUGUST 4, 2006
  • Teekay takes off
    Stock reaches highest price since September and analyst says it's just getting warmed up.
  • Talk, talk....
    ...but so far no action despite more market rumours that John Fredriksen is closing in on a deal for Peter Georgiopoulos' General Maritime.
  • ECL buys one
    Euro Container Line pays $8.8m for 1995-built boxship.
  • TEN flags 'outstanding year'
    Fleet purchases lead to hike in operating profit for confident Tsakos family.
  • Dr Peters' $300m tonic
    German KG manager delivers a healthy return to investors in its shipping and real estate funds.
  • DryShips takes last P&A units
    Pacific & Atlantic of Greece empties fleet with sale of four panamaxes to compatriot DryShips
  • OK to Okean
    Aker Yards ties up deal to run Ukrainian yard and pushes for 60,000 tonnes of annual output.
  • Profits fall again at OOIL
    Low rates and high bunker costs drag OOCL results south for the second period running.
  • Ships collide off Japan
    Sixteen crew members abandon listing Russian reefer after being hit by Italian general cargo vessel.
  • WSF back for four ferries
    US state of Washington tries again with tender for new vessels, after legal wrangles delayed previous attempt.
  • Engineers charged
    Officers of South Korean handysized bulker the latest to face oily water separator accusations.
  • Wartsila well oiled
    Finninsh engine supplier powers to income growth of 200% in first half as orders keep turning.
  • Russia ups Black Sea exports
    Good news for aframax owners as volumes through Ukraine ports set to rise in August.
  • Sanoyas turns it around
    Japanese shipbuilder back in profit despite revenues falling in first quarter.
  • Sorry Toei story
    Japanese owner Toei Reefer Line slumps to a loss in the first quarter as revenues drift away.
  • Cosco Singapore goes offshore
    Rapidly expanding repair outfit picks up first FPSO order, plus six hull conversions.
  • Kyoei steps it up
    Japanese VLCC owner builds earnings and revenues in first quarter.
  • New boss for Southeast Asia
    AP Moller has announced a new chief executive for its growing Singapore headquartered operation.
  • Weather delays salvage
    Preparations to begin righting car carrier Cougar Ace have been delayed by limited visibility.
  • CMA CGM lends ship
    Boxship giant gives unnamed vessel to French government to bring aid into Lebanon.
  • NYK costs jump 40%
    Japanese owner sees first quarter profits slump 43% on higher bunker costs and other expenses.
  • FSL raises $55m
    Singapore-based First Ship Lease says it has completed a second round of private equity financing.

American Shipperweb site
AUGUST 4, 2006
  • NIT League condemns ELAA's proposal
  • OOIL's first half profits down 9%
  • NYK's 1st quarter net profit down 43%
  • "Cougar Ace" evacuated to calmer waters
  • Senator Lines selects Mat Marine as agent for Switzerland
  • DHL to add five Asia Pacific services to New York
  • British Airways' first quarter profits up 71%
  • Great Wall Airlines adds India to network
  • Alaska railroads to issue bonds for rail projects
  • U.S. railroads' intermodal volumes up 6.7% in July
  • Norfolk Southern to open Shelocta Secondary line
  • DHS drops cargo seal proposal for alternative security measures
  • USDA makes inspections at overseas meat plants more flexible
  • USDA outlines trade assistance program for fiscal 2007
  • Temp members round out COAC
  • Burkina Faso cleared for AGOA trade benefits
  • Port of Rotterdam's first half box growth sluggish
  • North Carolina ports report record fiscal year

The Bunker Bulletinweb site
AUGUST 4, 2006
  • Fuel shortages hit Vancouver
    Distillate prices surging as resupply issues impact summer bunkering.
  • Ports test new scrubber technology
    Emissions 'bonnet' for locomotives may be adopted for ships at berth in California.
  • Durban: Fuel oil available from mid-August
    Durban fuel oil drought set to end a month after suppliers withdrew from spot market.
  • Slow start to 2006 dents Rotterdam port growth
    H1 throughput figures from the port point to a mere 2% growth rate this year, though oil product imports continue to grow.
  • Bunkers hurt H1 profits at OOIL
    Chairman blames poorer overall H1 result on softer container rates and higher oil prices.
  • ARA market stable Friday morning
  • Nippon Yusen shaves profit forecast on higher oil prices
    Increasing fuel costs weighing down earnings at shipping firms.
  • Bunkering facilities set to compete with global markets
    Indian port to offer bunkering to international customers in Special Economic Zone.
  • New Zealand: Fuel oil spill at Nelson harbour
  • Hong Kong: Heavy barge congestion as typhoon passes
    Bunkering was briefly disrupted yesterday due to typhoon Prapiroon.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
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
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
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
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
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
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.
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.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
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
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.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
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
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
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%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
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.
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.
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
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
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
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.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
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
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
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.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
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%)
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
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%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
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.
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
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.
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%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
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.
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
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
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%)
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
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
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%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
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%
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%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
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
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
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
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
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
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
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.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
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.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
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
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.
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.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
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
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
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
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
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.
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
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
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
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.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
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
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.
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
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
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:
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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.
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
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%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
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
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
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
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
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
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%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
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
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
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
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
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%)
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%
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%.
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%.
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
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
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
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%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
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
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
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%
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
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
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
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
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
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.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
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.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
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%)
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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