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Independent journal on economy and transport policy
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BRIEFS
November 7, 2008
The Business Timesweb site
Shipping News
  • Falling shipping costs a mixed blessing: UN
    This year's sharp fall in sea freight costs is a mixed blessing for developing countries, making it cheaper to ship their exports but signalling waning demand for their goods, a United Nations agency said on Tuesday.
  • Shipping derivatives traders pool US$398m
    Traders of shipping derivatives linked to the cost of shipping coal and ore paid US$398 million into a pool to guarantee contract settlements after a record collapse in freight rates, according to Freight Investor Services Ltd.

Sched Netweb site
  • PIL's East Africa service starts calling at Guangzhou Port
  • Da Chan Bay CIMC Container Service Centre opens
  • Prince Rupert rises 281pc in Q3 with new China service
  • China, Pakistan, Kazakhstan, Kyrgyzstan sign fast-track cross-border clearance deal
  • Shandong ports volume near 10 million TEU in the first 9 months
  • MOL to develop box depot in Thailand, despite lower volume growth
  • DHL Global Forwarding strengthens Indonesia presence
  • Following falling oil prices, Horizon cuts fuel surcharge to 25pc
  • Cathay Pacific profit warning after wrong-way fuel hedging
  • China Southern launches new domestic services
  • Asia Pacific air volume slump to continue, says AAPA
  • United Airlines' October shows further 12pc cargo decline
  • Singapore and Kuwait sign open skies accord

Exim Indiaweb site
  • Smooth sailing for reefers in turbulence projected
  • Shipping in dire straits
  • Some dry bulk ships to be kept idle
  • Belgium keen to fortify trade ties
  • Overflowing godowns prompt waiver of wheat export ban
  • JNP will remain key facilitator of trade with Italy-Hussain
  • Not officially opened, Gangavaram port already functioning
  • Cabinet resolves Major Ports' PLR issue
  • GSEC beefs up Ahmedabad ACC infrastructure
  • SEC Rly posts 10 pc growth in freight traffic during April-Oct.
  • India to press for global financial reforms at Brazil G-20 meet on Nov. 8-9
  • Market slips temporary, feels India Inc as per CII-PwC survey
  • Fieo chief places hopes on Obama tinged with caution

International Transport Journalweb site
NOVEMBER 6, 2008
  • Palletways recruits managing director for Benelux states
  • Port of Prince Rupert: container traffic jumps 281% in Q3
  • Swiss: frequencies to Prague
  • Green Cargo and SSAB ink major transport contract
  • Kuehne + Nagel new K'rcher logistics partner in Russia
  • Truck & Bus World Forum 2008, 8-9 December

Maritime Global Netweb site
NOVEMBER 6, 2008
  • EU looks to expand maritime role
  • Port authority "renaissance" in Europe
  • Belships' strong Q3
  • FMC files court complaint against LA and LB ports
  • GC Rieber's "solid financial capacity"
  • "Strong pace" at Ocean HeavyLift

Marine Logweb site
NOVEMBER 6, 2008
  • Todd Shipyards could face NYSE delisting
  • $13.4 million contract for Swiftships
  • EC forces two Polish yards into liquidation
  • OMSA hires Manager of Jones Act Compliance
  • France takes 33.34% stake in STX France
  • Hornbeck reports record OSV revenues

World Wide Shipperweb site
NOVEMBER 6, 2008
  • Port of Port Angeles schedules public hearing on budget/tax levy
  • Schnitzer Steel taps Lundgren as new president and CEO
  • Evergreen to pull plug on TANGO service participation
  • Homeland Security Department opens new round of port grants
  • Greenbrier Companies releases numbers for fourth fiscal quarter

Lloyd's Listweb site
NOVEMBER 6, 2008
  • Export credit agencies set for bigger role in ship finance
    INDUSTRY meet told agencies will become an increasing feature as bank lending tightens.
  • Nationalisation of banks could hit ship finance
  • Svitzer picks Cape of Good Hope over Suez
    SVITZER confirms it is rerouting all vessels around the Cape of Good Hope at all times to avoid risk of pirate attacks.
  • Italy seeks extension over Tirrenia privatisation
    GOVERNMENT to ask Brussels for an additional year to organise the privatisation of state-owned ferry company Tirrenia.

Fairplayweb site
NOVEMBER 6, 2008
  • EC orders Polish yards sold
    THE EC today ordered Poland's Gdynia and Szczecin yards to be sold, as part of a compromise with Warsaw
  • Greek GDP could 'evaporate'
    GREECE'S GDP is under siege because the global economic pinch has rocked shipping, Chris Pryce, head of the Fitch Ratings Greece desk, has warned
  • Napoli report vindicates salvor
    THE REPORT into the beaching of the box ship Napoli off the UK's south coast has found that the best option had been taken to avoid polluting the Channel
  • USS axed from NYSE
    TRADING in US Shipping Partners has been suspended by the New York Stock Exchange today
  • 'Gangster act' condemned by ITF
    THE INTERNATIONAL Transport Workers' Federation has branded the kidnapping of 10 oil workers off the coast of Cameroon as "a gangster act"
  • Florida files Imperial lawsuit
    FLORIDA has filed a suit against Imperial Majesty Cruise Line, accusing it of "failing to adequately disclose fuel surcharge fees"
  • Excel hails post-merger results
    DRY BULK operator Excel Maritime Carriers reported much higher net income of $119.2M in the third quarter, versus $18.5M in 3Q07

The Journal of Commerceweb site
NOVEMBER 6, 2008
  • CMA CGM to call Port of Mobile
    French carrier to bring PEX 3 service to Alabama port, where it is partner in new Mobile Container Terminal.
  • 150,000 TEUs idle: Report
  • US Chamber lauds Obama
  • Horizon Lines unveils reefer monitoring service
  • Vessel scrapping picks up but tight credit hurts prices
  • Rail carloads fall
  • US watches tropical storm
  • Hanjin Shipping opens India-Europe Express Service
  • Nagoya sees US import gains
  • Tampa Port chief Wainio to advise Atlanta Fed
  • Teesport gets Scot rail link

Containerisation Internationalweb site
NOVEMBER 6, 2008
  • P&I premiums soar in 'uncertain climate'
  • SCCT: two million up
  • Wincanton acquires iconic Felixstowe haulier
  • Teesport/Grangemouth 'high cube' rail service started
  • DP World takes over in Aden

TradeWindsweb site
NOVEMBER 6, 2008
  • TBS cautious
    Joseph Royce-led owner doubles quarterly profits and beats Wall Street forecasts, but the company cools to expansion plays amid economic worries.
  • OSG in $2bn deal?
    Morten Arntzen led tanker owner set for huge product carrier gamble as more than 50 Cido Shipping vessels go up for sale.
  • Bunker up
    Ian Adams of the International Bunkers Association says owners should start planning for cheaper options.
  • Excess payback
    Barack Obama's election offers no silver lining for shipowners with listed companies living to regret massive dividend payouts, Paul Slater says.
  • Stocks drubbed
    US shipping stocks spiral downward as gloomy data hits Wall Street and even a major shipowner shows signs of trouble.
  • Financing possible
    Equities analyst says there are banks that can make a massive rumoured OSG purchase possible, but it won't be easy.
  • Dry owners cut
    Cantor Fitzgerald analyst downgrades ratings on two bulker players as she worries about DryShips debt covenants.
  • Rieber 'on par'
    As it reports 2.6% rise in profits, the Norwegian offshore shipmanager says it is well-prepared for financial turmoil.
  • Time to fight
    Losing money every day is scary but downturn will sort the men from the boys, Konstantinos Halkias says.
  • Stand by me
    StealthGas chief Harry Vafias warns dumb bankers they could lose billions.
  • Dream over?
    Petrofin's Ted Petropoulos predicts shipping's perfect storm may be beneficial.
  • Zoullas optimistic
    Eagle Bulk chief executive thinks planned Chinese infrastructure programmes can bolster bulker market.
  • Trailer revved up
    Revenues climb at Trailer Bridge as the container barge player barely ekes out a profit, but the fourth quarter is looking strong.
  • Good Knight
    US-listed Knightsbridge Tankers' four VLCCs making more money so far this year as costs are chopped.
  • Ladies fixed
    Two Omega Navigation products tankers find three-year employment with ST Shipping.
  • Hostage shot dead
    A crew member held onboard a Bourbon Offshore vessel has been killed during a rescue attempt, rebel leaders claim.
  • Eagle rises
    Profit reaches quarterly record at Eagle Bulk despite "challenging global environment" but shares fall.
  • Mirror image
    Mons Aase-led Dof Subsea follows parent Dof into the red in the third quarter thanks to currency reversals.
  • Volstad back
    Norwegian owner returns to domestic shipbuilder Bergen Group for new seismic survey vessel.
  • DryShips to offer
    George Economou ropes in Cantor Fitzgerald to sell 25 million shares as buffer against ailing bulker market.
  • Three more years
    South American oil company extends time-charter on a Tsakos Energy Navigation products tanker.
  • TTB sale axed
    US shipowner Hornbeck will maintain the status quo after abandoning plans to sell its tug and tank barge operation.
  • Brostrom dives
    Rising costs drag down Swedish chemical tanker owner's nine-month result despite higher revenues.
  • Yards face end
    It's official: Poland agrees to sell off Gdynia's and Szczecin's assets and liquidate companies to pay back illegal state aid.
  • Record returns
    Hornbeck sees third quarter profit stack up thanks to the best ever showing from its offshore operation.
  • AHTS hold-up
    Delivery of Deep Sea Supply newbuilding from India's ABG Shipyard set back until first quarter of 2009.
  • Texas reprieve?
    Casino cruiseship may not be scrapped in India, as Gujarat authorities consider buying the vessel.
  • NOK so good
    Heavy unrealised currency losses plunge Helge Mogster's Dof into the red for the third quarter, despite a strong operating performance.
  • Chemical cash
    Odfjell sells tanker for $32m profit as it seeks to strengthen equity after Norway's retroactive tax shock last year.
  • Kinkai cautious
    K Line bulker and ro-ro unit ups interim earnings, but second half will be harder.
  • Grain gain
    Ukraine's Azov Shipyard opens 10,000-tonnes-per-day dry cargo terminal on Sea of Azov.
  • Bye for now
    STX Europe in talks over 80 temporary lay-offs at its Rauma yard in Finland.
  • Costs cut Bonheur
    Negative financial items eat into improved sales to leave Fred Olsen company with smaller profit.
  • Trico ahead
    Addition of DeepOcean and CTC helps US offshore giant to beat market forecasts in the third quarter.
  • Lloyd Fonds falls
    German ship fund manager posts tiny profit in face of 'the worst crisis in decades' as sales dry up.
  • ACL ups profit
    Jones Act barge operator posts revenue and profit increases despite numerous hurricanes.
  • Deep Sea dips
    Odd Brevik-led offshore owner sees profit hit by higher costs and currency reversals.
  • Building profit
    Japanese shipyard Naikai Zosen has enjoyed a strong first half, with profit and revenues both up significantly.
  • China crisis
    AP Moller-Maersk to lay off 700 workers at global services centre in Guangzhou as cost-cutting continues.

American Shipperweb site
NOVEMBER 6, 2008
  • Evergreen withdrawing from South American loop
  • A.P. Moller - Maersk lays off 700 in China
  • Trailer Bridge reports drop in earnings, but volume climb
  • American Commercial reports profit increase
  • Seaboard: Higher fuel prices raise sales, dampen earnings
  • Genco cancels agreement to acquire 6 dry bulk ships
  • Samskip pulls ship from Iceland service
  • Economic meltdown fries U.S. meat exports
  • EGL pays $750,000 to settle overbilling allegations
  • CEVA reports loss, 25% increase in revenue
  • TSA reviews forwarders in air cargo security pilot
  • FMC reviews 38 OTI license applications
  • $388.6 million available for port security grants
  • Mobile marks container terminal opening
  • DP World says volume up 16% through 3rd quarter
  • Gujarat ports making moves to attract containers
  • New ESPO chairman urges ports to become matchmakers for industry
  • San Diego voters trounce proposed deck over marine terminal
  • Wash. Supreme Court reaffirms Seattle port commissioner recall

The Scandinavian Shipping Gazetteweb site
NOVEMBER 6, 2008
  • New seismic order to Bergen Group
    Bergen Group has, through its subsidiaries Bergen Group Fosen and Bergen Group Landskrona, been awarded a contract with Volstad Maritime AS for building and outfitting of a seismic vessel. The contract is worth NOK 689 million. ' We will build the ...
  • Ulstein starts new operation company
    The Ulstein Group starts a new company providing services to the aftermarket, technical operation of vessels in service, and services for personnel/manning. The company is named Ulstein Marine Services, UMS, and Jens Lassen is appointed as CEO. The headquarters ...
  • Iraq to build a shipyard
    The government of Iraq plans to build a USD 850 million shipbuilding and repair yard in the port of Khor al-Zubeir in the Persian Gulf, writes Seatrade Asia. The shipyard is to build specialized small ships, supply vessels, naval ...

The Bunker Bulletinweb site
NOVEMBER 6, 2008
  • Stricken vessel threatened 'large release of oil'
    Bunker fuel could have polluted the Channel 'for many years'.
  • Leading liner cuts services
    More signs that shipping activity is falling, which could hit bunker demand.
  • Stolen fuel oil sold as bunkers
    Court hears fuel was sold to fishing vessels at one-third the market price.
  • Tanker operator posts strong results
    Q3 was 'healthy contributor' to nine month results, despite high bunker prices.
  • Volatile bunkers retreat
    Prices fall tracking a drop in crude oil prices.
  • Commercial challenges of environmental compliance
    Industry decision makers gather at Sustainable Shipping forum.
  • Residual fuel stocks at 14-week high
    Singapore onshore fuel stocks have risen as marine fuel demand weakens.
  • Read in Full '6 NovChimbusco inks new business
    First batch of bonded bunker products were delivered in September.

›››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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