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November 13, 2008
The Business Timesweb site
Shipping News
  • China's marine fuel sales may double in 2 yrs
    China may double sales of bonded marine fuel to ships sailing overseas within two years, thanks to plentiful, low-cost supplies from Venezuela, a trader said.
  • Cargotec forecasts slowdown at ship-gear unit MacGregor
    Cargotec Oyj, the world's biggest maker of container-lifting gear, forecast falling orders and increasing cancellations at its ship-equipment division as the financial crisis hurts new vessel demand, according to chief executive officer Mikael Maekinen.
  • DryShips shares fall a further 21%
    DryShips Inc, a transporter of commodities including iron ore and coal, fell 21 per cent, declining for the fourth straight day after saying that it may not be able to pay off its loans because of falling charter rates.
  • Rio Tinto pushing ahead with US$315m order of ships
  • Shipping slump has at least two more years to go
  • Kuehne warns Maersk off Hapag-Lloyd stake

Sched Netweb site
  • Shenzhen Chiwan Wharf Holding container volume drops 19.4pc
  • OOCL opens office in Mundra in Gujarat north of Mumbai
  • Evergreen chief sees cross-strait shipping boosting Taiwan
  • ICTSI third quarter profit up 2pc to US$15 million
  • DP World to operate two Algerian ports
  • India's shipping outlook grows bleak as rates fall 40pc
  • Osaka's foreign container trade falls 2.1pc
  • GAC-Tomas Ruiz alliance to strengthen presence in Mexico
  • CN buys Quebec Railway Corp assets for US$41.9 million
  • MASKargo looks to Australia for business, offers low rates
  • Austrian Airlines opts for IBS' cargo management system iCargo
  • Multi-layered approach proposed for air cargo screening

International Transport Journalweb site
NOVEMBER 12, 2008
  • BAWC opens own Thai sales office

Maritime Global Netweb site
NOVEMBER 12, 2008
  • Bourbon crew released, safe and well
  • Eitzen Chemical sees "challenging conditions ahead"
  • Ban on ocean fertilization, except for research
  • QE2 runs aground
  • Cold ironing starts at Long Beach
  • Historic survey ship being restored

Marine Logweb site
NOVEMBER 12, 2008
  • Austal USA awarded JHSV contract
  • Mounting woes at U.S. Shipping Partners
  • Diana Shipping looks for low market opportunities

World Wide Shipperweb site
NOVEMBER 12, 2008
  • Horizon Lines plans cuts to non-union work force
  • "K" Line vessel first ship to 'plug in' at Port of Long Beach
  • Columbia Sportswear opening new store at Portland Airport
  • Ports America taps Khan as chief development officer
  • Shipper pleads guilty to keeping false oil records

Lloyd's Listweb site
NOVEMBER 12, 2008
  • Boxship owners lose money as rates slide
    CONTAINERSHIP daily earnings are just covering operating costs, leaving no money spare for loan repayments.
  • Asia-Europe box carriers pressured to cut further capacity
  • Norden reconsiders bulk carrier newbuildings
    DANISH owner indicates it is willing to talk to yards about changing contract terms of the 35 bulkers it has on order.
  • Noble chief denies Fleet Management sale
    RUMOURS that the group plans to sell its shipmanagement subsidiary are untrue, says Richard Elman.

Fairplayweb site
NOVEMBER 12, 2008
  • Shipping to get energy boost
    SHIPPING looks set to benefit from a huge shift in geographical sources of energy supplies despite a muted IEA oil demand forecast
  • Hanjin cuts start CKYH scheme
    THE CKYH alliance ' made up of COSCO, 'K' Line, Yang Ming and Hanjin Shipping ' unveiled a service rationalisation scheme today to respond to the rising market sluggishness
  • Diana suspends dividend
    DRYBULK operator Diana Shipping will suspend payment of future dividends to bolster cash available for acquisitions
  • Container crunch hits APM in 3Q
    DEPLOYMENT of new tonnage and downturn in the container shipping market led to a plunge in freight rates in 3Q08, AP Moller-Maersk explained today
  • German box ship profits down
    NET PROFITS generated by German container ships came down significantly across all size categories in 2007, an operating cost survey compiled by HSH Nordbank has revealed
  • Signs of hope in dry markets
    THERE was a little more activity in the Atlantic for Panamaxes than yesterday and brokers report that things appear stable with rates firming slightly
  • Eitzen Chemical issues profits warning
    EITZEN Chemical has posted an improved operating profit for 3Q but warns that freight rates will fall in 2009

The Journal of Commerceweb site
NOVEMBER 12, 2008
  • Maersk Line posts nine-month profit
    Leading box carrier reverses year-earlier loss but cuts full-year earnings outlook as container rates fall in third quarter.
  • Customs' 10+2 filing rule coming by month's end
  • CKYH lines cut capacity
  • Maersk Line closing China center, cutting 700 jobs
  • LA-LB testing CNG trucks
  • PIL adds Asia-ECSA service
  • ProLogis CEO steps down
  • Lufthansa cargo off 10%
  • Lakes ore volume slows
  • Averitt expands in Atlanta
  • Washington apple record

Containerisation Internationalweb site
NOVEMBER 12, 2008
  • A P Moller 'generally satisfied' with first nine months
  • ICC urges G20 leaders to be bold to solve financial crisis
  • CKYH cuts deep in response to 'growing uncertainty'
  • French port reforms to boost lagging box volumes
  • CN repeats appeal on Chicago railway affair

TradeWindsweb site
NOVEMBER 12, 2008
  • Spread lifts net
    Profits rise at New York-listed Aegean Marine Petroleum as the bunker spread nearly doubles.
  • Historic ferry run
    Some 600 passengers embark on the first direct ferry link between the island and mainland China.
  • Dry biggest loser
    US stock markets post another plunge as dry-bulk shares lead falling shipping shares.
  • Halt 'encouraging'
    Although it pushed shares to plunge, Diana Shipping's dividend suspension is a sign of financial strength, analyst says.
  • ITB writedown?
    US Shipping Partners says it is likely to write down value of its integrated tug-barge fleet as "impaired".
  • Rem rakes it in
    Age Remoy's Rem Offshore sees third quarter profit powered up by growing fleet.
  • Diana axes divi
    Greek bulker owner to stop future dividend payments in "period of changed but enhanced opportunity".
  • Jones Act limbo
    Order over Matson Navigation's Mokihana put on hold as Seabulk Trader heads for appeal.
  • Far better
    Karl Johan Bakken-led Farstad is cautious about the future despite piling on the profit in the third quarter.
  • Chihuahua returns
    Baja Ferries' troubled Chihuahua Star is back in service after repair delays.
  • Oily fault
    Hong Kong holds 2005-built MSC boxship with defective oily water separator.
  • Norden sells again
    Sale of Nord Sun at relatively low rate not just a one off as Carsten Mortensen-led Dane lets two more bulkers go.
  • Line lowers sights
    AP Moller-Maersk cuts full year estimates despite beating market expectations in the first nine months.
  • Minoan cuts
    Greek ferry operator passes on some of recent bunker price falls to customers.
  • The Case for dry
    Andi Case-led Clarksons is backing dry-cargo rates and futures to fight back despite challenging outlook for 2009.
  • Rio sees rebound
    Tom Albanese-led miner Rio Tinto spies Chinese import recovery as it sticks to newbuildings but slashes production.
  • Eitzen disappoints
    Terje Askvig-led shipowner sees third quarter profit sliced by declining rates and higher costs as it falls short of forecasts.
  • Repair boost
    Cash-strapped Chernomorsky Shipyard in Ukraine expecting more repair and conversion revenue this year.
  • Back to work
    Galveston-Port Bolivar ferry starts again in Texas two months after being downed by Hurricane Ike.
  • Hands off!
    German logistics billionaire Klaus-Michael Kuehne is in no mood to sell Hapag-Lloyd stake to rival Maersk.
  • Spill off Taiwan
    Car carrier which grounded off Taipei said to have leaked over 100 tonnes of heavy fuel oil.
  • Ruby smashed
    Cido Shipping car carrier suffers serious damage in collision with Greek cargoship off China.
  • Eidsiva upbeat
    Norwegian owner believes car-carrier and ro-ro markets may avoid much of the market malaise.
  • Cido selling?
    South Korean owner says it is "evaluating" a range of strategic alternatives for its product tanker fleet.
  • STX eyes four
    Korean bulker owner ready to spend $105m on chemical/products tankers this year for North Atlantic business.
  • OceanFreight up
    Expanded fleet helps lift profits and revenues at US-listed bulker and tanker player.
  • Butler out
    France's Veolia buying investment partner's stake in domestic ferry operator SNCM.
  • Bourbon boys free
    Ten seafarers taken hostage on French owned anchor handler off Cameroon have been released.
  • Perfect 10
    Indonesia's Steadfast Marine wins crew supply vessel order from Damen for up to 10 units.

American Shipperweb site
NOVEMBER 12, 2008
  • Oil prices boost A.P. Moller - Maersk results
  • CKYH carriers cut capacity on three major trades
  • Japanese shipping firm will pay $1.75 million fine
  • Cathay sees 7.4% drop in October cargo tonnage
  • BA opens office in Bangkok
  • CBP expands cargo service at SW land ports
  • Domestic 3rd quarter intermodal volume up 6.7%
  • BDP Project Logistics adds engineering division
  • NRDC and green groups sue FMC over SoCal truck program
  • Ports America makes C-level moves

The Scandinavian Shipping Gazetteweb site
NOVEMBER 12, 2008
  • New case of magic pipe ' ship operator pleads guilty
    Hiong Guan Navegacion Japan Co Ltd, operator of the cargo ship Balsa 62, pleads guilty to conspiracy and falsifying records. Two chief engineers on board has pleaded guilty in a US court for regularly (twice a month) directed their crew ...
  • New Stolt vessel hijacked
    Somali pirates have seized the 33,309 DWT chemical tanker Stolt Strength, built 2005. According to media information, the hijackers have contacted the Philippine owner, Sagana Shipping, about a ransom. Stolt Strength has a crew of 23. This is the second ...

The Bunker Bulletinweb site
NOVEMBER 12, 2008
  • Maersk points to 'downturn' in shipping market
    Container volumes fall by 3% in third quarter.
  • Abatement technology is 'a hedging tool'
    Scrubber manufacturer welcomes comments by IBIA secretary-general.
  • Fujairah refinery focusing on fuel oil production
    Vitol says refinery is supporting its fuel oil business 'regionally and for export'.
  • Bunkers continue downward slide
    Demand weak across key Asian ports.
  • Solar sails to conserve super-yachts' energy
    Solar sails could reduce fuel consumption and greenhouse emissions.
  • Bunker storage facility will help fishing fleets
    Regional council plans to offer discounted fuel to Stornoway fishermen.
  • Hanjin Shipping posts Q3 loss on fuel costs
    High fuel costs, lower demand and a weaker local currency have all contributed to Hanjin's loss.

›››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
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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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