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August 26, 2008
The Business Timesweb site
Shipping News
  • Cosco H1 profit rises 11% on surging China exports
    Cosco Pacific, Asia's third- largest container-terminal operator, boosted first-half profit by 11 per cent as China's surging exports of toys, furniture and clothes fuelled sea-cargo traffic.
  • Posco plans to buy assets in Ukraine
    South Korea's Posco, the world's No 4 steelmaker, may buy iron ore, steel mill and shipyard assets in Ukraine, as it looks to reassure investors who have questioned its potential acquisition of Daewoo Shipbuilding.
  • Guangzhou Shipyard H1 profit up 15%
    Guangzhou Shipyard International Co., a unit of China's biggest shipbuilder, said that first-half net income increased 15 per cent as rising demand for vessels allowed it to increase contract prices.
  • Fuel costs play key role in US helicopter re-bid
  • Pakistan lorry driver strike continues

Sched Netweb site
  • Cosco Pacific profit rises 11pc on revenue increase of 10pc
  • MSC to launch revamped N/C Asia-Australia service
  • ASC calls for see-through anti-trust law
  • SC ports profit despite 10pc box loss while rival Savannah boxes up 15pc
  • APL joins India Linx in weekly rail service to Mundra
  • DP World forms joint venture to build box terminal in Vietnam
  • US apparel importers threaten boycott of Uzbekistan cotton
  • Ceva Logistics takes Monster Cable supplier award
  • Singapore deploys world's first airport foam fire-fighting vehicle simulator
  • SriLankan Airlines one-off sale brings profit despite crippling fuel bills
  • ABC heavylift carrier delivers 'heavy metal' to Moscow

Exim Indiaweb site
  • Maersk Line upgrades Asia-Australia service & calls it 'Boomerang'
  • NYK revamps ANS service
  • ...bolsters feeder capacity on Port Said-Ashdod route
  • CSAV Norasia to add Lisbon call on ANE service
  • CMA CGM invests in Port of Tianjin
  • UASC orders nine 13,000-TEU boxships
  • Luka Koper vibing well with Tianjin port
  • Hamburg Süd to add 5th Brazil port of call
  • Southampton port plays host to 9,600-TEU CMA CGM giant
  • SITC offers new S. Korea-China-Vietnam service
  • Cosco invests $ 1.4 billion in new shipyard in Dalian
  • Firms passing green costs down the line-survey
  • Port of Dalian volumes up by 23.8 pc in H1
  • Govt urged to sign maritime labour convention early
  • DP World Cochin moving import TEUs to pvt. CFSs for now to ease terminal congestion
  • Virginia Port offers ex-im trade an effective & efficient gateway to sprawling US market
  • Port cities found polluted by ship emissions
  • Gang of cargo thieves nabbed in Navi Mumbai
  • IMC panel to identify W. region's bottlenecks in transport infrastructure
  • Rlys draws up Rs 650-cr. connectivity plan for Southern Ports
  • Warehousing sector to become $ 55 bn industry by 2010-11-Report
  • Sophisticated perishables cargo complex to come up at Hyderabad airport
  • Inflation up to 12.63 pc
  • Commerce Ministry aims merchandise exports worth $ 660 bn by 2015
  • Manufactured goods export dip rattles Fieo
  • Hike in cotton MSP will cripple textile industry-CITI

International Transport Journalweb site
AUGUST 25, 2008
  • Time:matters to handle spare parts for Siemens Healthcare

Marine Logweb site
AUGUST 25, 2008
  • Court affirms Jones Act eligibility of Aker Philly and NASSCO tankers
  • Harvey Gulf buy out closes
  • MAN Diesel acquires Metalock Denmark
  • Coalition steps up antipiracy efforts

World Wide Shipperweb site
AUGUST 25, 2008
  • Greenbrier unhappy with DEQ for fines against Gunderson
  • Merchant Marine acadamies sending graduates into workforce
  • Port of Olympia tours part of annual Harbor Days celebration
  • Sea-Tac Airport earns environmental award
  • Maritime academy training ship rescues two stranded fishermen

Lloyd's Listweb site
  • Frontline tanker contract with Indian yard scrapped
    REASONS for cancelling deal for four chemical tankers said to centre on increased raw material costs and work delays.
  • Cosco Pacific's bet on overseas ports pays off
    THE company says its overseas operations will account for more of its volume, which rose to drive profit up 11% in first half.

Fairplayweb site
AUGUST 25, 2008
  • Warships mount pirate defence
    Warships and aircraft from the Combined Maritime Forces will now patrol the Gulf of Aden in an attempt to create a stronger deterrent to pirate attacks
  • Oceanaut finally writes check
    BLANK-cheque company Oceanaut has entered a definitive agreement to buy four bulkers from Irika Shipping after its earlier Restis deal collapsed
  • Iranian port ops on block
    NEARLY half of Iranian port and container terminal operator Tidewater will be sold as a block on the Tehran Stock Exchange
  • Iranian bulker hijacked
    DETAILS have been made public about last week's hijacking of an Iranian-flagged bulker near the Gulf of Aden

The Journal of Commerceweb site
AUGUST 25, 2008
  • ILWU caucus approves new contract
    Union caucus members vote unanimously to send tentative six-year contract to rank-and-file members for ratification.
  • Trans-Pacific fuel surcharge headed for record level
  • Rotterdam set to break ground on 8.5M-TEU project
  • US fines firm $90,000 for unlicensed exports
  • Jaxport re-opened, Savannah back to normal operations
  • NY-NJ marine terminals to close for Labor Day
  • Hanjin expands Thai feeder
  • TNT opens Vietnam link
  • NYK charters product tanker
  • Russia drops WTO accords
  • Hong Kong tops Memphis to lead cargo airports

Containerisation Internationalweb site
AUGUST 25, 2008
  • NOL may be blocked from Hapag-Lloyd purchase
  • Auckland's audacious Tauranga bid
  • Tragic death of dockworker at the Port of Oakland
  • US West Coast contract deal passes another hurdle
  • UK Coastguard staff continue strike action

TradeWindsweb site
AUGUST 25, 2008
  • Dismissal tossed
    Appeals court rules cruise contract time limit doesn't halt cruiseship passenger's case against Holland America Line.
  • Ghana-bound
    Vanco and Lukoil tie up drillship being upgraded to operate in 2,000-metre depths.
  • Wait ended
    Gabriel Panayotides' blank-cheque outfit Oceanaut scoops $352m quartet to end long hunt for tonnage.
  • Frontline to split
    John Fredriksen-led tanker owner hopes to boost trading liquidity with a five-for-one share split.
  • Big one for Scan
    Oslo-listed Scan Geophysical bags its biggest deal yet in seismic survey contract for Venezuelan oil company Pdvsa.
  • $40m navy deals
    Naval shipyards tap Oslo-listed Dockwise to move helicopter carriers and nuclear submarines.
  • Fatality confirmed
    MISC says Filipino's death on hijacked ship "an accident" as IRISL ship revealed as seized Iranian bulker.
  • Gdansk port row
    US and Canadian investors in a Polish port terminal project are seeking $183m in damages from the Gdansk port authority.
  • Off-hire extended
    Peter Georgiopoulos-led Genco says a bulker involved in a collision will reamain off-hire for 40 days.
  • Dof deal in doubt
    Plans to buy Dof Subsea and reshuffle group on the ropes due to turbulent financial markets.
  • Three down
    George Kassiotis-led Omega ties up third new product tanker on a long-term deal with NYK.
  • NYK ship death
    Elderly port worker struck by falling container and tossed overboard Japanese ship in Port of Oakland.
  • Aon buys Benfield
    UK-based reinsurance broker has been snapped up by US rival in $1.75bn acquisition.
  • Axel moves up
    Shipowner brings in banker as CEO as Axel Eitzen steps into working chairman's seat.
  • Suez hits record
    Strategic canal bags revenues of $490m in July to surpass May's high as more ships transit.
  • Bunkers bite
    High fuel costs see Hurtigruten almost double fuel surcharge as second-quarter profit dives.
  • Another drill deal
    Once again a mystery US owner rocks up to Samsung Heavy with $639m drillship order.
  • Cosco Pacific rises
    Hefty container-leasing activity and investments send profit up at Hong Kong's Cosco Pacific.
  • Going halves
    Keppel and Fred Olsen Energy agree to split outstanding costs in rig conversion dispute.
  • Funds for Neptune
    Australian offshore engineering outfit agrees debt financing for AHTS acquisition.
  • RCL inks finance
    Thailand Regional Container Lines arranges funding for Rickmers acquisitions.
  • Getting protective
    Germany is preparing a draft law aimed at fending off undesired foreign takeovers.

American Shipperweb site
AUGUST 25, 2008
  • Zim adding Genoa call
  • Taiwanese shipper pays $90,000 to settle U.S. export violations
  • CBP publishes interim rules for softwood lumber imports
  • Duke adds Savannah properties
  • L.A. port offers incentives to truck plan applicants
  • Knight, Swift to join L.A. truck plan
  • COSCO Pacific reports rise in profits
  • Virginia port consolidates container operations
  • House will hold hearings on New Orleans oil spill

The Scandinavian Shipping Gazetteweb site
AUGUST 25, 2008
  • Piracy off Somalia out of control
    The piracy in the Gulf of Aden off Somalia is out of control, according to the International Maritime Bureau, IMB. In only 48 hours four large merchant ships have been hijacked, one of these is the Malaysia-flagged palm oil ...
  • Akselsen new head of the Norwegian Maritime Directorate
    The Norwegian government has appointed Olav Akselsen as new director of the Maritime Directorate. The Norwegian Shipowners' Association (NSA) supports the decision. ' Olav Akselsen knows the industry very well. The Norwegian Shipowners' Association considers Akselsen as well qualified and suitable ...

The Bunker Bulletinweb site
AUGUST 25, 2008
  • Dislodged fuel tank causes disruptions
    Barge and bunker operators warned to be alert as massive old fuel tank lodges itself into the Mississippi.
  • Russia preparing to cut export duties
    Fuel oil export tax set to fall from record levels.
  • Asia faces 'tightening' fuel oil market
    Traders say region will be competing with Mideast for European cargoes.
  • High bunker costs blamed for losses
    Norwegian ferry operator set to increase its bunker surcharge.
  • Supplies of 180 cst product resume
    Supply available at Mundra and other ports in Gulf of Kutch, local supplier says.
  • Soft start to week for Singapore bunkers
    Demand down despite soft bunker prices.
  • Rotterdam market quiet
  • Singapore's Q2 trade index grows on petroleum sales
    Wholesales of petroleum products, ship chandlers and bunkering post gains.
  • 'Confiscated' bunker tanks to be shared
    Local port authority offers bunker tank farm as 'common user facility'.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
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Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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