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Independent journal on economy and transport policy
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BRIEFS
November 17, 2008
The Business Timesweb site
Shipping News
  • TUI's Q3 profit slumps 42%
    TUI AG, the German owner of Europe's largest travel company, reported a 42 per cent drop in third-quarter profit after paying a larger share of income to minority investors and spending money to combine tourism brands.

Sched Netweb site
  • Hapag-Lloyd quarterly profits shrink, but outlook stays bright
  • MOL almost doubles capacity on Singapore Mumbai service
  • Maersk reports 3pc fall in global volume as downturn bites
  • CSAV Norsia adds Valencia call to IMEX service
  • Jiangsu's ship export surges 61pc in first three quarters
  • Guangdong-ASEAN trade value up 17pc in first nine months
  • Lyttelton Port results better than expected
  • Marseilles port recovery following strike action
  • German inventors bring improvement to crane back-up safety
  • DHL opens US$3.8 million eco-friendly facility in Indonesia
  • Qantas blames manufacturer for October A330 nose dive
  • Malaysian air liberalisation revs up Changi's winter schedule
  • LAX cargo tonnage plummets 17.1pc, signal of hard times

Exim Indiaweb site
  • East Coast event set to provide fresh outlook to region's maritime & logistics sector
  • 20 pc of bulk carriers in anchorage as rates plunge
  • Cargo holders become abodes of learning!
  • Steel & cement exporters to third world provided incentives
  • Cargo volumes at US box ports shrinking
  • Box optical recognition system deployed at Zeebrugge
  • 4-nation deal on fast-track freight clearance
  • Rakesh K. Jain is Mumbai & Jawahar Customs (Appeals) chief
  • Opportunity for India in financial meltdown seen
  • Complementarities with Chinese industry & economy brought out
  • Relief for banks as RBI eases asset classification norms for 7 core projects
  • Taxman optimistic in spite of economic crisis
  • Conference on warehousing challenges tomorrow
  • Foster strategic partnership with China to revive economy

International Transport Journalweb site
NOVEMBER 14, 2008
  • Benedikt Weibel appointed railway director in Austria
  • Spediporto to sue PSA's Genoa subsidiary
  • West Air Europe and Atlantic Airlines merge
  • Vopak plans new storage terminal in Turkey

Maritime Global Netweb site
NOVEMBER 14, 2008
  • Good Q3 for Farstad but company cautious on market prospects
  • DP World takes over in Algeria
  • UK coastal traffic rises
  • Rand's good Q2

Marine Logweb site
NOVEMBER 14, 2008
  • Standard & Poor's lowers UK Club's ratings
  • Just one bid for WSDOT ferry contract
  • Austal JHSV contract worth potential $1.6 billion

World Wide Shipperweb site
NOVEMBER 14, 2008
  • One bid submitted for new Washington ferries
  • DHS sets new rules for US rail systems
  • International Maritime Prize presented to Jorgen Rasmussen
  • Port of Portland seeks comment on Portland Airport runway work
  • US rail freight traffic off during month of October

Lloyd's Listweb site
NOVEMBER 14, 2008
  • German banks signal financing still available
    FINANCIERS have not closed their books yet despite remaining cautious on 2009 outlook.
  • Bankers forecast a wider retreat from shipping
  • Merger set to rival HSH Nordbank
    DRESDNER and Commerzbank union likely to create new German ship finance giant.
  • Hapag blames bunker costs for profit slide
    GERMAN container line operating profits fall by 20% mainly due to bunker related energy costs.

Fairplayweb site
NOVEMBER 14, 2008
  • US shipping seeks slice of stimulus
    US SHIPPING is following insurance companies, banks and the auto industry in asking for a share of its planned economic stimulus package
  • UK frigate foils pirates again
    THE BRITISH frigate Cumberland, which is part of NATO's security force patrolling the Gulf of Aden, has foiled a pirate attack for the second time this week, CNN reported
  • Steel blip sharpens decline
    CRUDE steel production fell on the commodities markets by almost 9.5% from September to October, market sources have told Fairplay
  • Hapag rises above the gloom
    GERMAN container line Hapag-Lloyd is on track to increase its profitability this year despite a 20% decline in its third-quarter operating results year on year, its parent group TUI has declared
  • German shipping banks defy pinch
    GERMAN shipping banks have assured that it will take more than this global liquidity squeeze to close their books entirely for the year
  • Antarctic ship remains in limbo
    ARGENTINA has freed the Maltese-flagged passenger ship Lyubov Orlova to sail, but it is still at Ushuaia undergoing inspection by class surveyors
  • Drybulk carrier slashes dividend
    FREESEAS is the latest drybulk operator to announce a dividend cut in response to a radically altered business environment

The Journal of Commerceweb site
NOVEMBER 14, 2008
  • LA, Long Beach delay clean-trucks fee
    Southern California ports delay Nov. 17 start of collection of $35-per-TEU clean-truck fee; no new collection start date announced.
  • Hapag-Lloyd Q3 profit off
  • Marad: Higher fuel costs can benefit short sea
  • Tacoma outlook sluggish
  • September woes for US freight transport indicator
  • Taiwan-Australia bunker fees trimmed by Maersk
  • Intermodal rail off 6.3%
  • 5th new Seaspan ship
  • Shipping index dives
  • Marubeni makes China buy
  • NAM urges Doha revival

Containerisation Internationalweb site
NOVEMBER 14, 2008
  • G20 summit: dont waste the opportunity
    The Group of 20 (G20) world leaders have arrived in Washington ahead of this weekend's emergency summit to discuss solutions to the growing global financial crisis which is tipping the economic superpowers into a deep and painful recession. But the G20 nations - which represent about 90% of world economic output - must not shirk from the responsibility empowered upon them: to play a crucial role in repressing the financial tsunami which is threatening to escalate into a global human catastrophe.
  • Touax Group on the acquisition trail
  • Fesco box vessel attacked by Somali pirates: but RN shows its teeth
  • Stock volatility pre-G20 summit
  • Hapag-Lloyd Q3 profits drop 20%
  • Maersk cuts FE/central America capacity

TradeWindsweb site
NOVEMBER 14, 2008
  • Vinalines buys
    A second owner under the Vinalines umbrella wades into the smaller bulker market with a handysize deal.
  • Seabee sells
    Despite a drop in value, Thenamaris appears to have made a profit on a handymax bulker sale.
  • NYSE warns TMM
    Decline in stock prices leads fourth shipping sector company to fall afoul of listing standards.
  • Activists strike
    Greenpeace claims to have briefly blocked chemical tankers carrying palm oil exports from Indonesia.
  • Stocks fall back
    US shipping shares erase some of the prior day's gains as fears over world trade grip investors.
  • Solvang scraps
    Norwegian owner's 1977-built LPG carrier Hera heads for the breakers' yard.
  • Deeper south
    CMA CGM continues moves into South America with new joint service with Hamburg Sud and Hapag Lloyd.
  • Bryde battered
    Nordic Tankers' stock racing after chairman fails to force through changes at stormy shareholder meeting.
  • New Year revival?
    In a week that that the Contex container index passed the half price point Thomas Rehder is hopeful that Chinese New Year will bring some relief.
  • Norden takes five
    Carsten Mortensen-led shipowner takes in former Brit Bulk quintet, now owned by a mysterious investor.
  • Lily in the lead
    Surge of votes from colleagues and compatriots gives Eletson entrant narrow lead in TradeWinds' Cartoon Capers contest.
  • Wilson Sons sinks
    Foreign exchange changes lead net income to plunge and future is "difficult to predict."
  • Awilco sells out
    Norwegian offshore firm surrenders OHL shares as Spencer closes in on full control.
  • Minus mark for UK
    Stormy weather for P&I club as it battles rating downgrade, operating loss, cash calls and potential loss of tonnage.
  • Yard scrap
    Korean foremen claim they were beaten by Filipino workers sick of rough treatment by Hanjin bosses.
  • Two go for JRB
    France's CFNR goes up against tycoon Zoran Drakulic in battle for Serbian river shipping company.
  • Boxship attack
    Fesco vessel comes under gunfire from pirate speedboat off Somalia, but no crew hurt.
  • Kansai cut
    Japanese ferry owner sees first half losses widen as revenues slump.
  • STX profit slashed
    South Korean shipbuilder sees third quarter bottom line cut in half but returns from its European unit save the day.
  • Green is red
    Norwegian reefer owner plunges to bigger nine-month loss on vessel write-downs.
  • One-horse race
    Todd Shipyards the only bidder for Washington State Ferries car ferry contract.
  • Costs hurt JES
    Chinese shipbuilder sees third quarter profits decline 18% largely due to increased material costs.
  • "Send in UN"
    India calls for a "blue-helmet" navy to defend Gulf of Aden after one of its ships was refused help by coalition forces.
  • Hapag higher
    German container line's volumes and rates rise in third quarter, and nine-month profit soars.
  • Swissco up
    Higher rates and larger fleet help lift third quarter profits at Singapore offshore operator.
  • FreeSeas slices
    Ion Varouxakis-led bulker owner FreeSeas is cutting its dividend to 50% of distributable cash flow.
  • Cairns cruise lift
    Australian state of Queensland to upgrade terminal ahead of growing number of ship visits.
  • Pittas cuts payout
    US-listed bulker and boxship owner's profits miss expectations as the company plans to reduce dividends.
  • FSG sold off
    Egon Oldendorff sells Flensburger Schiffbau-Gesellschaft (FSG) shipyard to management and investors.

American Shipperweb site
NOVEMBER 14, 2008
  • Hapag-Lloyd reports lower earnings, increased revenue
  • MarAd: Rising fuel prices boost short sea prospects
  • Three carriers to begin direct Europe/WCSA service
  • MOL doubles capacity on Mumbai/SE Asia service
  • Border infrastructure proponents want piece of stimulus pie
  • Texas border plazas get cargo upgrades
  • ESC calls for proactive future fuel surcharge planning
  • EU official addresses trade impact of inspection regime
  • ProLogis eyes cash conservation, consolidation
  • CBP sting nets fake toys at Ariz. Checkpoint
  • DB Schenker completes first shipment of Russian high-speed trains
  • ITC: French sodium metal imports do not injure U.S. industry
  • RedPrairie powers Foster's Loger
  • SDDC commander advances rank
  • SoCal ports' container tax collection delayed
  • IFC approves Panama Canal expansion loan

The Scandinavian Shipping Gazetteweb site
NOVEMBER 14, 2008
  • British navy killed three pirates in the Gulf of Aden
    Three pirates were killed when trying to hijack the cargo vessel Powerful, 70,000 DWT, off Yemen in the Gulf of Aden last Tuesday. The British frigate Cumberland and its Russian collegue Neustrashimy tried to thwart the attack. The pirates then ...
  • Hurtigruten fights for its survival
    The debt-burdened Hurtigruten is negotiating with its banks concerning a financial rescue package. 'The content is not yet agreed, but it will likely involve a share issue', Hurtigruten informs the Oslo Stock Exchange. The company has presented a NOK ...
  • German yard sold
    The German shipowner and drybulk operator Egon Oldenforff sells the Flensburger Schiffbau-Gesellschaft (FSG) at an undisclosed price. According to TradeWinds a management buy-out has been confirmed involving chief executive Peter Sierk backed by investors. Egon Holdendorff has controlled ...

The Bunker Bulletinweb site
NOVEMBER 14, 2008
  • Bunker prices 'have no floor'
    US markets seeing weaker prices as suppliers worry about costs.
  • New ship boasts 'most fuel efficient hull possible'
    Features include solar panels that produce a small fraction of power.
  • Future oil requires 'adequate' investment
    IEA warning of supply crunch unless billions put into keeping crude flowing.
  • Horizon makes fifth consecutive cut
    Adjustments made as a result of softening bunker prices.
  • Anti-monopoly investigations hit Russian oil companies
    Gazpromneft and Rosneft face charges of abusing their dominant positions.
  • Glencore opts for 'cheaper' floating storage
    Global trader cuts back its capacity at Singapore's Universal Terminal.
  • Mid-East Gulf cruise sector 'expected to double' by 2010
    Improvements in port infrastructure present cruise industry with new markets.
  • Busan undercuts Singapore bunker prices
    Mixed price movements in Asian markets.
  • ExxonMobil sells early-December cargo
  • Japan: September bonded bunker sales down
    Buyers avoid high bunker prices and premiums at Japanese ports.
  • UAE wants greater marine environment protection
    New policies will seek to fight marine pollution and achieve sustainable development.
  • New hydraulic system to cut fuel consumption
    Gujarat fishermen will be given subsidies to change.

›››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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Arrival ports by:
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Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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