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19 August 2026 - Year XXX
Independent journal on economy and transport policy
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BRIEFS
November 14, 2008
The Business Timesweb site
Shipping News
  • Maersk cuts sales forecast, sees profit at lower end of range
    AP Moeller-Maersk A/S, the world's largest container line, cut its full-year sales forecast and said profit will be at the lower end of a previously predicted range after shipping rates decreased.
  • Diana Shipping posts 14% rise in Q3 profit
    Diana Shipping Inc, a carrier of commodities including iron ore and coal, said third-quarter profit gained 14 per cent on higher rates and a larger fleet.
  • Norden's ship sale sets prices used to assess loan covenants
    D/S Norden A/S, Europe's largest shipper of ore, coal and grains, sold three vessels for US$85.8 million, potentially creating a benchmark transaction used to value the industry's vessels and compliance with loan covenants.
  • Berlian sells 6 tankers to pay US$250m debt
  • Russian, British forces thwart pirate attack off Somalia
  • Indian Navy showcases Asian giant's growing maritime might

Sched Netweb site
  • Containers, oil drive Maersk profit up 39pc to US$3.6 billion
  • CKYH alliance cuts reduces south west Pacific capacity
  • Hanjin to build Jacksonville US$300 million box terminal
  • Danaos charters 4,253-TEU newbuilding to Zim Line
  • Near-term container shipping outlook bleak: Lloyd's List
  • Jinzhou makes mega carriers' top 'base port lists'
  • Thailand's RCL post US$12.5 million loss in third quarter
  • China, Singapore sign free trade deal that includes labour
  • RN, RM take out pirate ship off Aden, three killed
  • Staten Island box terminal bucks odds as business soars
  • UK's Wincanton buys CEL trucking, logistics, engineering group
  • Pudong volume suffers first airfreight fall since 2006
  • China's aviation industry faces tough challenge
  • AAWW Holding posts Q3 net income of US$5 million

Exim Indiaweb site
  • Dredger shopping team to visit China
  • VLCC rates may rise on refinery demand
  • Importers find buyers vanishing after prices crash
  • Belgium sees immense scope for business alliances
  • Trade pact with Asean to be inked on Dec. 17
  • JNPT interacts with Port users & staff during Vigilance Week
  • Baalu presents ICCI awards to top exporters & users of Tuticorin Port
  • CoPT garners Rs 1,184 cr. Central aid to develop Vallarpadam ICTT
  • Velji P. & Sons sets soyameal loading record at Kandla Port
  • PPT envisages handling more liquid & clean cargoes by building new berths
  • Exporters' bail-out package on anvil
  • Bankers still tight-fisted on short-term credit
  • Slap 10 pc import duty on steel asap, FinMin urged
  • PEC floats import tender for 8,000 t. pulses
  • Relief for iron ore exporters as govt fixes 8 pc ad valorem export duty
  • Global crisis now shrinks excise, Customs duty collections
  • Fieo initiates interaction with Ambassadors & diplomats to foster trade ties

International Transport Journalweb site
NOVEMBER 13, 2008
  • BDP forms global project logistics engineering division

Maritime Global Netweb site
NOVEMBER 13, 2008
  • Turkish tanker hijacked but RN takes out separate gang
  • Foam deters pirates
  • CKYH Alliance cuts services
  • Lower Q3 profit for BW Gas
  • Moller-Maersk "satisfied" with 9 months' result
  • "K" Line fixes capesize on 10-year charter

Marine Logweb site
NOVEMBER 13, 2008
  • Management buy out at Flensburg yard
  • Lloyd Werft gets TUI Cruise conversion order

World Wide Shipperweb site
NOVEMBER 13, 2008
  • Oregon governor presents transport plan to House/Senate
  • Everett fifth graders to learn about Jetty Island
  • Mitsui earns award from investor relations group
  • Ports of Seattle aids veterans with new employment program
  • Corps sending teams to deal with Washington flooding

Lloyd's Listweb site
NOVEMBER 13, 2008
  • Lives at risk as shippers flout safe container stowage
    SPOT checks on boxes to be shipped from the UK reveal huge number of deficiencies and documentary errors.
  • Ships' masters need more information on boxes
  • Owners demand order amid dry bulk crisis
    SHIPOWNERS want order restored in the market to address default threats and rising mutual distrust among counterparties.

Fairplayweb site
NOVEMBER 13, 2008
  • Box ship rates seen 'in freefall'
    BOX SHIP charter rates are in freefall, prompting fears of shipowner bankruptcies, the Journal of Commerce has reported
  • Bush presses on with sea leasing
    THE BUSH administration has signaled that it is moving ahead on selling offshore leases to oil and gas exploration companies ' even though the change of presidents in January might void any deals
  • British navy sailors kill pirates
    THE BRITISH navy has fought off pirates trying to hijack a Danish cargo vessel in the Gulf of Aden, killing some of the assailants
  • Bush renews Iran sanctions
    PRESIDENT George W Bush took what might be his last official stab at Iran this week by renewing US sanctions against the long-time foe for another year
  • Lloyd Werft wins TUI bid
    GERMANY'S Lloyd Werft yard has secured a contract to convert the Celebrity Cruises vessel Galaxy into the debut ship for TUI Cruises

The Journal of Commerceweb site
NOVEMBER 13, 2008
  • Box ship charter rates continue to fall
    Charter rates in freefall as carriers drop or suspend services in response to lower cargo volumes and weaker rates
  • Los Angeles, Long Beach delay clean-trucks fee
  • Coalition asks HMT relief
  • NY-NJ port plans tunnel environmental study
  • Transport deals slow
  • Retailers urge Congress to back transport spending
  • Box lines partner on Europe-South America loops
  • US trade deficit narrows but exports decline
  • OECD: We're in recession
  • Wastepaper woes
  • OK for Panama Canal loan

Containerisation Internationalweb site
NOVEMBER 13, 2008
  • Moby Dik feels the pain as Russia's oil economy flounders
  • Lagos port executive warns of Xmas 'chaos'
  • ProLogis opens new Japanese logistics centre
  • TCS goes greener with Kalmar technology
  • US intermodal's ray of hope

TradeWindsweb site
NOVEMBER 13, 2008
  • Pittas cuts payout
    US-listed bulker and boxship owner's profits miss expectations as the company plans to reduce dividends.
  • Stocks yo-yo
    A day after a slump, shipping stocks ride a marketwide rally that sees more than 30 shares gain more than 10%.
  • FSG sold off
    Egon Oldendorff sells Flensburger Schiffbau-Gesellschaft (FSG) shipyard to management and investors.
  • In the money
    NCL appoints a new CEO and turns around loss from a year ago to post a $171m profit.
  • Growing slice
    New York-based investment advisor known for buying up depressed securities unveils 12% stake in Trico Marine Services.
  • Offshore blow out
    Brokers say 'no way' to researcher's prediction of 50% fall in AHTS vessel values.
  • ITOPF handover
    Tosh Moller retires at tanker pollution group ITOPF and is replaced by Karen Purnell.
  • UP spared
    Ultrapetrol comes out on top in dispute with Brazilian customs authorities, preventing confiscation of a PSV.
  • DVB profits dip
    Fall in securities' values hurts bottom line, but transport bank sees opportunity amid economic slowdown.
  • Stealth falls short
    StealthGas pushes third quarter profit up by over one third but analysts were expecting more.
  • Underway in red
    Ian Webber's GSL posts a loss in its first quarter since merging with Marathon.
  • Rand beats street
    Great Lakes owner reports profits in second quarter after losses a year ago and sees revenues surge by 46%.
  • BWO bleeding
    FPSO owner loses over a quarter of a billion dollars on paper in the third quarter as it braces for downturn with massive write downs.
  • Cruise shakeup
    Ambassadors International sees six of nine directors exit as the company plans to shut down Majestic America Line.
  • Pay-out agreed
    Zim will hand over hundreds of millions of yen to relatives of fishermen who died in collision with boxship Zim Asia off Japan.
  • Tanker taken
    Turkish chemical carrier seized in Gulf of Aden in latest piracy attack, while UK navy kills two suspects in chase.
  • Stock on offer?
    Struggling Norwegian ferry, cruiseship owner Hurtigruten may issue shares as part of restructuring deal with banks.
  • Wilson wins
    Norwegian bulk and boxship player more than doubles profit in first three quarters
  • Pipe dream
    Kazakhstan wants to snap up extra 3% stake in CPC crude pipeline from Russia.
  • Change of Hart
    German shipowner Hartmann Reederei exchanges five boxship newbuildings for chemical and gas carriers.
  • CKYH slashes
    Cosco, K Line, Yang Ming and Hanjin reducing capacity and axing or suspending routes again in global downturn.
  • Better for BW
    Tax payout and currency exchange gains sees third quarter profit soar at Jan Haakon Pettersen-led shipowner.
  • Stupid stowaways
    Illegal immigrants hiding in lorry give themselves away in Dover with triumphant singalong.
  • UP up
    Argentinian offshore, cruiseship and OBO player Ultrapetrol bounces back into profit in first three quarters.
  • Chilled out
    Sobering news for Trireme as reefership with drunken master is one of eight held in US last month.
  • VL for STX
    Mystery European owner orders tanker at Korean yard for $151m, lower than Maersk's bill in the summer.
  • Nearly there
    STX takes its holding in Europe's largest shipbuilder to 98% as shareholders cash their chips.
  • Namura shrinks
    Japanese shipbuilder's profit more than halves in first six months, despite revenue edging up.
  • Paragon profits
    Michael Bodouroglou-led bulker outfit benefits from increased fleet and stronger freight rates.
  • KOWEPO hat trick
    Japanese shipowner ties up third CVC deal with South Korean power generation company.
  • Courage crashes
    Lower freight rates and lack of gains from ship sales sink profits at Singapore-listed shipowner.
  • NOL sees dip
    Singapore liner operator reports first decline in container volumes for nearly three years.

American Shipperweb site
NOVEMBER 13, 2008
  • "K" Line agrees to 3rd charter deal with Korean power company
  • WTO: Tackle trade finance or face "downward spiral"
  • China to increase export rebates to stimulate growth
  • USDA proposes rules to allow Israeli eggplant imports
  • Ragan named senior VP at NFTC
  • Sider picked to chair CSCB
  • FMC reviews 24 OTI license applications
  • MarAd promotes project streamlining initiative
  • Long Beach port flips switch on ship-to-shore power
  • Seattle port raises 2009 property tax 11%

The Scandinavian Shipping Gazetteweb site
NOVEMBER 13, 2008
  • Turkish tanker seized
    The Turkish flagged 5,500 DWT tanker Karagol, built in 2007, has been hijacked off Yemen under a sailing to Mumbai, India, according to Reuters. The vessel, owned by the Istanbul based company YDC Denizcilik, has a crew of 14. Karagol ...
  • Clipper vessel gets Russian naval escort
    Clipper Group has received a ransom demand for the release of the CEC Future, the vessel was hijacked by Somali pirates last Sunday. So far Clipper has refused to give any detailed comments, but negotiations are ongoing according to Per ...

The Bunker Bulletinweb site
NOVEMBER 13, 2008
  • Company reacts to fall in bunker prices
    Cuts made by shipping line, bring fuel surcharge to 18-month low.
  • Refiner reports fall in bunker sales
    Hellenic Petroleum says market share up but overall sales decline.
  • New container service between India and Europe
    Ports of call include Jawaharlal Nehru Port, Antwerp and Rotterdam.
  • Fire forces Durban refinery to close
    Bunker players say Engen is no longer quoting.
  • Singapore bunker prices at 44-month low
    Tokyo bunkers below $300 pmt for the first time since 2005.
  • Singapore bunker sales up in October
    Sales volumes on course to break 2007 record.
  • Singapore's stocks of residual fuel growing
    Middle distillate inventories drop from week-ago levels.
  • New hull paint 'can improve' fuel efficiency
    Nippon Paint says new coating reduces drag more effectively.
  • Saudi Aramco to sell two fuel cargoes
    380 cst and 180 cst cargoes offered for late-November loading.
  • China may double bonded bunker sales
    Fuel oil trader says sales will rise as Venezuelan product flows to China.

›››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.
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
PORTS
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
LOGISTICS
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
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