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Independent journal on economy and transport policy
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BRIEFS
October 27, 2008
The Business Timesweb site
Shipping News
  • Hanwha's Daewoo bid raises funding worries
    Hanwha Group's successful bid for the world's third-largest shipbuilder raised concern the South Korean industrial company may struggle to raise funds for the buyout amid the global financial crisis.
  • Maersk to cut by 10% Asia-Europe capacity
    A P Moeller-Maersk, owner of the world's largest container line, will cut shipping capacity between Asia and Europe by 10 per cent as the global economic slowdown slows demand growth.

Sched Netweb site
  • Hanjin takes delivery of fifth 4,300-TEU Samsung ship
  • China Shipping builds world's largest floating shipyard
  • Nansha down 3.6pc in August, 5.4pc in September
  • TS Lines to start Mideast service, to expand intra-Asia
  • CMA CGM executive declares slow steaming is way of today
  • Kuehne + Nagel to buy up French consolidator Alloin
  • United Airlines posts quarterly US$780 million loss
  • WFS to provide Royal Jordanian UK-Irish cargo handling
  • World Bank indicates support for improving Aden Air Cargo Village

Exim Indiaweb site
  • Globelink WW starts LCL consolidation services from MICT
  • Double delight for NOL at Lloyd's List Asia Awards ceremony
  • High ransoms causing 'catastrophic losses', says ship insurer Lloyd's
  • Varun Shipping's Q2 net soars by 188.02 pc
  • GE Shipping Q2 net up by 47.65 pc
  • CMA CGM expands service coverage between S. America EC & N. Europe
  • Maersk Line's Boomerang service starts Chiwan calls
  • Zim divides offering, forms new transpacific APX service
  • TNWA to prune tonnage by 20 pc on Asia-N. Europe route
  • TSA sees slight transpacific rebound in late 2009
  • ...changes European terminal handling charges
  • Castor oil exports reaching for 3 lakh tonnes
  • Port capacity additions under way to cater to XI Plan cargo projections-Baalu
  • FIPB gives green signal for Hitech Infra's investment in Krishnapatnam port project
  • Sical Logistics operates third box train on Delhi-Chennai sector
  • CWC presents Rs 6.18-cr. dividend cheque to Minister
  • EoIs invited for setting up mega food parks
  • 3 players join hands to set up warehousing infrastructure in Maharashtra
  • US-based Mosaic plants seeds of goodwill at IFFCO Kandla
  • Relief for MSME sector, but causes for concern remain-Fieo
  • Moody's sees flight of capital after repo rate cut
  • Credit policy uninspiring: IMC

International Transport Journalweb site
OCTOBER 24, 2008
  • Study uncovers true costs of Europallet exchange

Maritime Global Netweb site
OCTOBER 24, 2008
  • French destroy "pirate boats", hand over suspects
  • Bocimar result "in line with expectations"
  • St Lawrence Seaway deal confirmed
  • Panama Canal contract bid date put back

Marine Logweb site
OCTOBER 24, 2008
  • Horizon Lines cuts earnings guidance
  • Hanwa named preferred bidder for Daewoo Shipbuilding
  • Northrop Grumman Shipbuilding in nuclear power JV

World Wide Shipperweb site
OCTOBER 24, 2008
  • APL slashing capacity in global service network
  • Panama Canal Authority extends bid date for lock construction work
  • Coast Guard honors deputy for rescuing children from river
  • Corps set to put in place repaired John Day lock gate
  • Rail freight traffic totals head lower during week

Lloyd's Listweb site
  • Japanese shipowners profits soar, but forecasts cut
    JAPAN'S big three shipowners all reported soaring profits for the first half, but both Mitsui OSK Lines and K Line cut their full year profit forecasts.
  • Maersk cuts nine ships from Asia-Europe trade
  • Sinotrans-CSC Group merger gains approval
    SINOTRANS Group and China Yangtze Transportation Group (CSC Group) have gained government approval for their merger proposal.
  • Noble set for highest ever quarterly profit
    HONG KONG's Noble Group says it is set to report its highest ever quarterly profit.

Fairplayweb site
OCTOBER 24, 2008
  • Hanwha a surprise pick for Daewoo
    Daewoo's facilityHANWHA has been picked as the preferential bidding group for a controlling stake in Daewoo Shipbuilding & Marine Engineering
  • London shipping stocks take hit
    NASDAQ shipping stocks geared down in London today on the global equity downturn
  • OPEC trimming output
    OPEC agreed today to cut oil production by at least 1.5M barrels a day from its current production ceiling
  • French seize nine pirate suspects
    NINE MEN suspected of being pirates have been captured by the French navy and handed over to Puntland officials in northern Somalia
  • Gulfport plans LA-scale box expansion
    GULFPORT in Mississippi ' which was virtually levelled by Hurricane Katrina ' might become one of the world's largest box ports after this morning's approval of a $1.6Bn expansion
  • Irish sea operators cut services
    TWO IRISH Sea ferry operators plan to cut services in half between Wales and Ireland because of cost rises and the onset of winter
  • IMO numbers for paddleboards?
    US COAST Guard commanders have decided to classify paddleboards as vessels when they are used in navigational waters

The Journal of Commerceweb site
OCTOBER 24, 2008
  • Maersk cuts Asia-Europe capacity by 10%
    World's biggest ocean carrier will temporarily suspend AE8 Asia-Europe service amid slowing cargo growth, falling freight rates.
  • Intermarine expands fleet
  • Anti-trust probe, other costs hit Horizon Lines profit
  • Panama Canal traffic lower
  • Final TWIC enforcement deadline announced
  • Matson profit drops 18.6%
  • Panama extends bid deadline for expansion
  • Court affirms ruling in S. Carolina port project
  • Rail intermodal off 2.8%
  • Yusen downgrades outlook
  • UN calls for overhaul of China food safety

Containerisation Internationalweb site
OCTOBER 24, 2008
  • How deep will the cuts need to be?
    A week is a long time in politics, stock markets and the shipping industry! In a momentous week for global container trades we have witnessed normally bullish ocean carriers jockeying for position to announce capacity reductions. Like the embattled 12-members that comprise the Organisation of the Petroleum Exporting Countries (Opec) cartel, ocean carriers are fighting to halt a price slump in their product and trigger a recovery by means of a hard pruning of supply.
  • Box Charter market in freefall
  • Maersk Line cuts Asia-Europe supply to ensure 'long-term' sustainability
  • Hanjin arrival lifts the gloom
  • Senator to buy space on CMA CGM's SAFRAN service
  • Antwerp and Rotterdam both up

TradeWindsweb site
OCTOBER 24, 2008
  • Unnerving plunge
    US stocks, including shipping and offshore shares, fell sharply Friday but regained a little ground in the afternoon.
  • TMT explodes
    Nobu Su-led Taiwanese owner lambastes "malicious rumours" in market and says finances are in order.
  • Hotter for Cota
    Less heat on Fleet Management after report lays much of blame for San Francisco spill on Cosco Busan pilot John Cota.
  • Duo for sale
    A handymax bulker and a 29,100-dwt lumber carrier are the latest to test the sale-and-purchase market.
  • Hanwha wins race
    Korean industrial conglomerate triumphs in $4.2bn two-horse contest to take majority holding in DSME.
  • A ship sold
    A small chemical tanker changes hands in a virtually dead sale-and-purchase market.
  • It's quotes time
    Economou's a banker in the Top Ships Deal or No Deal show and there's plenty of fighting talk in the bulk market.
  • ACP delays bids
    Panama Canal Authority once again delays bidding for new lock bids but says it will not push back expansion project.
  • Legal onslaught
    Lawsuits in the sinking of BC Ferries' Queen of the North will not be heard as one case.
  • Not so Great
    Indian offshore owner warns of "dented confidence in the sector" after watching second quarter profit dive.
  • Quartet detained
    Canadian port state control officers held a tanker and three dry cargoships during September.
  • Terino's payday
    Retention agreement gives Arlington Tankers chief executive $1.25m if the company merges with General Maritime.
  • Horizon cuts back
    Jones Act containership owner Horizon Lines slashes full-year estimates but third quarter sees improvement.
  • BC U-turn
    Local government cash allows Canadian ferry owner to reinstate axed sailings.
  • Matson profits dip
    Declining Hawaii volumes and higher vessel costs lead Alexander & Baldwin unit's profits to slump.
  • CH chuffed
    Singaporean offshore operator sees profit rise by 16% in first quarter thanks to new vessels and a move into Latin America.
  • Garware gains
    Indian offshore owner increases second quarter earnings as new vessels join fleet.
  • Maersk axe falls
    Liner giant chops Asia-to-Europe capacity 10% following suspension of AE8 service.
  • Brevik's hat-trick
    Deep Sea Supply finds work for three anchor handlers, with contracts split between the Med and West Africa.
  • Greater Eastern
    Indian tanker and bulker player pushes up profits in six months to 30 September, but future more uncertain.
  • Crew saved
    Yemeni coastguards rescue 14 after Indian vessel capsizes off Socotra in storm conditions.
  • Opec cuts back
    Oil exporting cartel's 1.5m barrels per day output reduction not as much as tanker owners had feared.
  • Gombrii for Prez
    Nordisk veteran takes helm of prestigious international maritime law association.
  • Hurtigruten sells
    Struggling Norwegian owner offloads most of ferry network to rival Torghatten Trafikkselskap for a loss.
  • Nice for Neste
    Finnish tanker owner benefits from 'unseasonably' high crude shipping rates in third quarter.
  • Mixed bag for PGS
    Jon Erik Reinhardsen-led company sees bottom line plunge but operating profit beats analysts' estimates.
  • Globus cuts price
    UK-listed Greek owner slashes price of a handymax by 30% to secure sale, but will still see a profit.
  • Mr Freeze
    Port giant Hutchison Whampoa, led by Li Ka-shing, says new spending on ice until next summer.
  • Malta extends
    Deadline to register interest in sale of Malta Shipyards put back by a week.
  • Cruise cut
    Price targets for two US giants reduced over fears about decline in discretionary spending.
  • Down a gear
    Finnish ship engine giant Wartsila warns that orders could drop by 10% as global slowdown hits shipbuilding industry.
  • Phew!
    Indian tanker and gas carrier owner Varun breathes sigh of relief it's not in bulker business as six-month earnings grow.

American Shipperweb site
OCTOBER 24, 2008
  • EU seeks comments as future liner regulation takes shape
  • Intermarine takes delivery on first of 8 new heavy lift vessels
  • Hanjin Shipping receives new 4,300-TEU vessel
  • Coast Guard raises oversight on vessels arriving from Cambodia
  • A&B posts 33 percent drop in 3rd quarter profits
  • Bulk shipping exec pins BDI collapse on credit crisis
  • CORRECTION: Zim's port rotation for APX service
  • AirNet, BeavEx team up on service in U.S. South
  • UP 3rd quarter earnings up 32%
  • Con-way reports earnings up, demand weak
  • Hub reports increase in 3rd quarter earnings
  • States may request increased interstate ag restrictions
  • U of Fla. awarded $4 million to improve military food distribution
  • Thomas Miller launches new claims business
  • Donaldson powers European DC with Manhattan Associates' WMS
  • USDA: Canadian firewood shipments require heat treatment
  • Panama Canal extends bid deadline for expansion project
  • CAW ratifies labor contract with St. Lawrence Seaway management
  • Antwerp container volume and tonnage up

The Scandinavian Shipping Gazetteweb site
OCTOBER 24, 2008
  • Russians interested in Stella
    It looks like the ferry service between St. Petersburg and Helsinki might continue quite soon. According to the local news of Yle's Kymenlaakso radio two Russian companies and the city of St Petersburg would be interested in buying half of ...
  • Compensation to crews in the Gulf of Aden
    Crew members on DIS registered ships belonging to owners in the Danish Shipowners' Association will be paid a compensation when passing the MPSA corridor (Maritime Patrol Security Area) in the Gulf of Aden. The crew members will have an extra ...
  • Nine pirates in custody
    The French navy has seized nine suspected Somali pirates and handed them over to the judical system in the semi-autonomous Puntland region in Somalia. ' These pirates had two armed speedboats and wanted to hijack ships off Somalia waters. The ...

The Bunker Bulletinweb site
OCTOBER 24, 2008
  • Fuel oil production to fall
    Russian oil ministry official predicts cut of almost 17%.
  • Company ends bunker surcharge
    Royal Caribbean says it is reacting to global fall in bunker prices.
  • US prices continue to slide with crude
    Houston at new low but West Coast avails hold numbers up.
  • Shipping line sees bunker costs 'moderate'
    Horizon Lines says 'strict fuel conservation' is helping during 'this difficult economic period'.
  • New contact details for Energy Petrol
  • Wartsila ready to meet IMO targets
    But engine manufacturer warns of 'skills shortage' as ship operators seek to improve efficiency and reduce emissions.
  • NuStar announces 'outstanding quarter'
    Supplier and terminal operator seeing increase in marketing sales.
  • Global bunker market report
  • French shipping company faces criminal charges
    Fines being faced following fuel spill in US port.
  • OPEC cut 'not enough'
    Oil slides further despite quota cut aimed at halting price collapse.
  • Singapore bunkers at 19-month low
    Bunker prices end week with more losses at most Asian ports.
  • ARA - Many suppliers fully booked till Tuesday
  • Fishermen asked to share fuel saving ideas
    Survey to study how Alaskan fishermen cope with record bunker prices this year.
  • Brightoil prepares for Hong Kong entry
    Bunker supplier says Hong Kong will contribute 'increasingly significant portion' of group turnover.

›››File
FROM THE HOME PAGE
US firm Enstructure buys Logistec's US port terminal network
Wellesley/New York/Montreal
It operates a total of 84 terminals in the USA
Leveraging the revised Block Exemption Regulation to encourage private investment in ports
Constance
FEPORT urges it
The Antwerp-Bruges Port Authority will collaborate in the development of the port of Misrata.
Measured
Project for a new bulk terminal
Bimco, ICS, Intercargo and Intertanko condemn attacks on ships and seafarers in the Strait of Hormuz
London
Call for an immediate cessation of attacks
Container traffic at the Port of Long Beach grew by 31.7% last month.
Long Beach
The overall volume of containers remained unchanged in the first five months of 2026
The Swiss Federal Council proposes extending subsidies for rail freight traffic through the Alps until 2035.
Bern
From 2027 to 2035, 486 million francs would be paid out
So far the number of ships leaving the Persian Gulf is 6-7% of those transited a year ago
Paris
AXSMarine: No Signs of a Long-Term Reopening of the Strait of Hormuz
Global Ports Holding in talks to manage cruise port in St. Vincent and the Grenadines
Istanbul
The terminal currently records an annual traffic of approximately 200 thousand passengers
Investments in Taiwan's ports amounting to 1.8 billion dollars are planned for the period 2027-2031.
Taipei
At the end of the five-year period, annual container traffic is expected to be equal to 15.5 million TEUs
US forces hit a third vessel in the Gulf of Oman
Tampa
The "Jalveer" is said to be carrying a cargo of Iranian oil.
ALLRAIL, CER, ERFA, FEPORT, FTE, UIP and UIRR present their proposal for the European Railway Platform
Brussels
The aim is to ensure market representation from the very beginning of the new European rail capacity governance process.
US Central Command claims responsibility for attack on product tanker Settebello
Tampa/New Delhi/London
Condemnation by the Indian government and the International Maritime Organization
Product tanker hit in Strait of Hormuz region
Southampton/Muscat
One sailor was injured. Two other crew members are missing.
In the first quarter of this year, freight traffic in the port of Civitavecchia decreased by -1.0%.
Civitavecchia
Cruise passengers increase by +32.1%
A merchant ship was attacked in the Gulf of Aden
Southampton
Gemini Cooperation increases cargo capacity on the Asia-Mediterranean route
Copenhagen
Sea-Intelligence adds additional weekly capacity of 22,402 TEUs
ESPO fully endorses the EU Council conclusions on the Maritime Industrial Strategy
Brussels
The central role of port facilities confirmed
CO2 capture and storage on ships is one of the most concrete and immediately available solutions for the decarbonisation of shipping.
London
Antitrust approves Messina Group's acquisition of Terminal San Giorgio
Rome
The Italian Competition Authority (AGCM) has also approved the acquisition by the MSC group of the Asso group's naval maintenance and repair activities (Jobson Italia and UASC UAE).
Rates for ships transiting the Suez Canal are expected to rise.
Ismailia
They will be applied from July 15th. Passenger ships excluded.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
The Council of the EU accepts many of the requests put forward by the associations of the European maritime-port cluster
Luxembourg
However, necessarily, the text postpones the adoption of concrete measures to future legislative initiatives
ESPO calls for proactive use of the EES system to avoid congestion in European ports
Brussels
Ryckbost: Flexibilities activated promptly in exceptional but foreseeable circumstances
Rixi: It is necessary to overcome a maritime ETS that risks shifting traffic and investments to non-European ports.
Luxembourg
What is needed - highlights the vice minister - are incentives and flexibility, not new constraints
Houthis threaten to resume attacks on ships transiting the Red Sea
Sana'a
A total ban on navigation has been declared for all vessels linked to Israeli interests.
Global trade in goods may start to slow down
Global trade in goods may start to slow down
Geneva
This is reported by the latest reading of the WTO Goods Trade Barometer.
The new port road connection to Sampierdarena has been activated in Genoa.
The new port road connection to Sampierdarena has been activated in Genoa.
Genoa
Paroli: the work now allows approximately 900-1,000 heavy vehicles per day to directly access the port's operational areas.
The rapporteurs of the Ports Bill defend the governance project centered on the Ports of Italy.
Rome
Ghio (PD) denounces that the governing bodies of this new company would be appointed entirely by the government. Ghirra (AVS): The objectives of national coordination could have been achieved by strengthening the National Conference of Port Authority Presidents.
US logistics companies WWEX Group and Auctane announce merger
Milan/Dallas/Austin
Artificial intelligence plays a leading role
Unexpected decline in European intermodal traffic in the first quarter of 2026
Brussels
UIRR: Infrastructure chaos caused by construction sites interrupting railway lines
Hanseatic Global Terminals acquires remaining 50% of Hanseatic Global Terminals Aracruz
Rotterdam/Aracruz
The company is building the new Brazilian container port of Imetame
Conftrasporto: The Ports Bill highlights clear operational, financial, and regulatory compliance issues.
Rome
Russo: the competences of Ports of Italy would overlap with those of the Port System Authorities, the Ministry of Transport and the Art
WoodMac believes decarbonisation rules could have a major impact on LNG-powered vessels
Edinburgh
According to the company, European regulations would put ships with DFDE engines out of the market
French MN will transport Avio's Vega C launcher between Italy and South America
Nantes
The French company will equip itself with a new vessel designed specifically for the transport of space equipment
EU methodology for calculating greenhouse gas emissions from transport services comes into force
Brussels
The system is based on the international standard EN ISO 14083:2023
The container ship MSC Sariska V was hit by two shells in the Persian Gulf on Monday.
Geneva/Rome
All crew members were unharmed.
In the first quarter, freight traffic in the port of Bremen/Bremerhaven grew by +5.8%
Bremen
Containers amounted to 1,245,515 teu (+4.4%)
MSC acquires 51% stake in Pivdennyi container terminal (Odessa)
Odessa
It has a traffic capacity of 400 thousand TEUs per year.
The IMO Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea will enter into force on 19 November 2027.
London
Dominguez: a long-awaited achievement, which fills an important gap in the international regime
In April, ship transits through the Suez Canal increased by +13.9%
In April, ship transits through the Suez Canal increased by +13.9%
Cairo
In the first four months of 2026, an increase of +12.1% was recorded
In the first quarter, freight traffic in the port of Naples fell by -5.3%, while in Salerno it grew by +6.4%.
Naples
Container throughput in the two ports was 167,433 teu (-3.5%) and 101,509 teu (+7.8%) respectively.
Kerdjoudj (Feport): With the revision of the EU ETS, part of the proceeds should be allocated to ports.
Brussels
Call to carefully evaluate the risk of relocating transhipment traffic
With the new COSCO-PTP terminal, the port of Tarragona relaunches itself on the container market.
Tarragona
Construction work is expected to be completed in 2028 when the terminal will have a capacity of 680,000 TEUs.
In 2025, Egyptian ports set their new all-time container throughput record
Alexandria, Egypt
Strong growth in transhipment volumes, which had remained stable in 2024
The national contract for port mooring and boatmen has been renewed.
Rome
Filt-Cgil strengthens a regulatory framework essential for the sector
A study explains how to make the use of OPS facilities in European ports more attractive and effective.
Brussels
Clearer and more comparable tariffs are also needed.
Federlogistica calls for amendments to the port governance bill.
Genoa
Falteri: the new structure must guarantee the Port System Authority adequate financial resources and effective operational tools.
ESPO calls for EU ETS amendments to ensure the competitiveness of European ports.
Brussels
The negative impact on short sea shipping was also highlighted.
New measures adopted in Switzerland to strengthen the competitiveness of the maritime flag
Bern
A Swiss shipowner will be able to fly the Swiss flag even if the owning company is based abroad
Sea trials of the second cruise ship built in China have concluded.
Shanghai
The Adora Flora City will make its maiden voyage departing from the port of Guangzhou on November 22nd.
In the first quarter of 2026, the value of G20 freight traffic recorded a quarterly growth of +5.3%
Paris
Mitigation of the growth of cargo traffic in the port of Tangier Med
Tangier
In the first three months of 2026, 38.8 million tonnes were handled (+3.2%)
Cargo traffic in Chinese seaports grew by 2.6% in April
Cargo traffic in Chinese seaports grew by 2.6% in April
Beijing
Imports and exports increased by 0.6%. Containers totaled 26.9 million (+4.8%).
Fermerci asks the government for urgent measures to support rail freight transport.
Rome
Railway companies penalized by infrastructure disruptions
Port of Naples, first ship-to-ship LNG bunkering operation on a cruise ship
Naples
Axpo used the cargo barge "Green Zeebrugge"
CMA CGM closed the first quarter of 2026 with a net profit of $250 million (-78%)
CMA CGM closed the first quarter of 2026 with a net profit of $250 million (-78%)
Marseille
Revenues stable, with logistics and other activities offsetting the decline in shipping
The U.S. Supreme Court has reopened the case pitting Havana Docks against Carnival, Royal Caribbean, NCLH and MSC
New International Code of Safety for Autonomous Surface Vessels Adopted
London
It will come into force on July 1st and will be applied on a voluntary basis for at least two years
UIRR: Combined road-rail transport shipments to increase by 1.5% in 2025
Brussels
The association highlighted the disastrous effects on the railway construction sector in Germany.
Fincantieri and Teijin Automotive Technologies sign agreement to develop composite bulkheads for naval applications.
Trieste/Pouancé
Folgiero: We enable the development of lighter and more efficient units
After eight quarters of profits, ZIM reports an operating loss
Haifa
In the first three months of 2026, the volumes of cargo transported by ships also fell sharply (-8.3%)
The US has indicted four Chinese container manufacturers and seven of their executives.
Washington
The arrest of the marketing director of Singamas in France on April 14 was made public.
EU Parliament and Council reach agreement on tariffs agreement between the European Union and the United States
Strasbourg/Brussels
An expiry clause and a suspension clause have been introduced
FFS Cargo Switzerland is reorganizing its single-wagon freight network.
Bern
A reduction of 50 of the current 280 marshalling yards is expected
IMO reports 17% increase in maritime piracy incidents in 2025
London
The most affected area was the Straits of Malacca and Singapore with 122 incidents (+34%).
Hapag-Lloyd and CMA CGM have suspended bookings for maritime shipments to Cuba.
Paris/Frankfurt/Havana
Decision after Trump's expansion of US sanctions
International tender for the new container terminal at the port of Klaipeda will be held by the end of the year.
Klaipeda
It will have an annual traffic capacity of 2.5 million TEUs
ITF calls on governments to dismantle the flag of convenience system once and for all
London
It is - the union denounces - the bad apple at the heart of the exploitation of seafarers
Evergreen's revenues decreased by 21.3% in the first quarter
Taipei
Operating profit and net economic profit fell by -69.5% and -68.8%
Viking Holdings closed the first quarter with a net loss of -54.2 million dollars
Los Angeles
Revenues up 17.5%
In the first three months of 2026, container traffic at Eurokai port terminals grew by +8.9%
Bremen
Increases of 12.7% in Germany and 7.8% in Italy. A decline in the port of Tangier Med.
Norovirus on Ambassador Cruise Line's Ambition cruise ship
Purfleet/Vlissingen
French health authorities have authorized the unit to continue normal operations.
In the first three months of 2026, freight traffic in the Port of Hamburg decreased by -2.0%
Hamburg
Containers amounted to two million TEUs (-1.6%)
Yang Ming and WHL's quarterly financial results continue to deteriorate.
Keelung/Taipei
In the first three months of this year, revenues decreased by -15.1% and -9.3% respectively.
Hapag-Lloyd closed the first quarter with an operating loss of -218.6 million euros
Hapag-Lloyd closed the first quarter with an operating loss of -218.6 million euros
Hamburg
Revenues down 16.8%
In the first three months of 2026, HMM's revenue decreased by -4.8%
In the first three months of 2026, HMM's revenue decreased by -4.8%
Seoul
Container segment saw a 7.9% decline and bulk segment saw a 20.1% growth.
Global Ports Holding's cruise terminals recorded record traffic in the first quarter of this year.
Istanbul
Five million passengers almost reached
Le Aziende informano
International Shipping Community to Gather in Genoa for Two Days of Maritime Dialogue and Networking
In the first three months of 2026, freight traffic in the ports of Genoa and Savona-Vado fell by -3.8%
Genoa
In March, a decline of -6.1%, with a sharp contraction of -15.0% in containerized cargoes
Federconsumatori is calling on the government to take measures to mitigate the impact of the rising ferry ticket prices.
Rome
Price increases are at +18% for the central weeks of August
Somec signs €60 million contract with Finnish shipyard
San Vendemiano
One of the most complex interventions ever entrusted to the Horizons division
Daniele Rossi, former president of the port of Ravenna, has passed away.
Rome
He led the port authority for over eight years
ONE will remove calls in Greece and Türkiye from its Adriatic Service 1 service.
Singapore
In Italy it touches the ports of Venice and Ancona
The first phase of the APM Terminals terminal in the port of Suape has been inaugurated.
Suape
It will become operational in the second half of this year
Container traffic increased in May at the ports of Singapore and Hong Kong
Singapore/Hong Kong
Singapore sets record bunkering levels for liquefied natural gas and pure B100 biodiesel
Vavassori confirmed as president of the Lombardy Association of Freight Forwarders and Haulers
Milan
Albertina Schiavoni and Mario Zini have been appointed vice-presidents
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The president of Angopi receives the first professional certificate of competence as a mooring man.
Savona
The certificate must be renewed every five years.
Fincantieri has delivered the new cruise ship Mein Schiff Flow to TUI Cruises.
Hamburg/Monfalcone
With a gross tonnage of approximately 160,000 tons, it has a capacity of approximately 4,000 passengers.
In the first three months of 2026, freight traffic in the port of Palermo decreased by -6.3%
Palermo
Traffic also decreased in the ports of Termini Imerese, Trapani, and Licata. Increases occurred in Porto Empedocle and Gela.
The Antitrust Authority has not given its final approval for the acquisition of Armas' assets and activities by Baleària.
Barcelona
Set a series of conditions
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
VARD to build a new generation fishing vessel
Trieste
It was ordered by the Norwegian company Rosund Drift
Royal Caribbean has taken delivery of its new Legend of the Seas cruise ship.
Miami
Built by Meyer Turku, it can accommodate 5,610 passengers
Concentration in the UK shipbuilding sector
London
Baleana buys APCL Group (A&P Tyne, Cammell Laird and A&P Falmouth and Falmouth Docks and Engineering)
Informal hearings of trade union representatives on port governance reform
Rome
At the heart of the critical issues highlighted - confirms Filt-Cgil - is the planned establishment of Porti d'Italia Spa
Venice, the DPSS confirms the need to build new offshore terminals outside the lagoon.
Venice
The Strategic System Programming Document has been approved by the AdSP Management Committee
The Spinelli Group has joined the Italian Association of Port Terminal Operators
Genoa
The company and Assiterminal expressed satisfaction with the resumption of an important association
In the first three months of 2026, freight traffic at UK ports fell by -2.6%
London
More significant decrease (-6.8%) in boarding loads
Mark Hindley is the new president of the European Motor Vehicle Logistics Association
Istanbul
Wolfgang Göbel was elected honorary president
At the Port of Genoa, a tugboat was stopped for irregularities in nitrogen oxide emissions.
Genoa
The vessel is used for the construction works of the new breakwater
In April, freight traffic in the port of Ravenna grew by +21.4%
Ravenna
An increase of +2.5% is expected in May
Sallaum Lines to launch dedicated China-Europe service in 2027
Nanjing
Two new 7,400 CEU PCTCs taken delivery
On June 12th in Naples, an initiative by Filt Cgil on governance in the port sector
Rome
Naval drone found in Romanian port of Constanta
Bucharest
The device self-destructed without causing any casualties.
HJSC receives approval in principle for the construction of a 10,000 TEU biofuel containership.
Athens
It was released from the Korean Naval Register
Global Ship Lease invests $917 million to purchase ten new container ships
Athens
They will be delivered between the fourth quarter of 2028 and the first quarter of 2030.
WASS (Fincantieri) and Magellan Agreement on Canada's Underwater Defense
Trieste
Industrial cooperation opportunities in the field of heavy torpedoes and countermeasures will be explored
Solutions to overcome the chronic staff shortage in the Italian maritime sector
Procida
Pagano (Maritime Labor Committee): Digitalization, simplification, and cooperation between training and businesses to overcome the crisis
Maritime training agreement signed by Gente di Mare (Cosulich) and Carnival
Genoa
Di Tizio: This collaboration allows us to bring an international project to the territory
Antipollution (V.Group) orders four eco-friendly vessels from ONEX Shipyards & Technologies
Athens
Option for four additional units
Spinelli has ordered three new handling vehicles from FTMH
Genoa
A reach stacker for empty containers has already entered service in the group's Livorno depot
Luigi Merlo to lead MSC Cruises' Italian cruise terminal company
Geneva
Centrone (formerly Fincantieri) takes over as Director of Maritime Policies and Government Affairs for the group in Italy
Greece's Skaramangas Shipyards and South Korea's HD Hyundai sign cooperation agreement
Athens
The aim is to collaborate in the construction of surface military vessels
AD Ports buys the Brazilian Corredor Logística e Infraestrutura
Sao Paulo/Abu Dhabi
The company handles the largest volume of agri-food bulk exports in the South American nation
The 2026-2028 Three-Year Operational Plan of the Northern Tyrrhenian Port Authority has been approved.
Livorno
Unanimous approval from the Management Committee
Chen Lichtenstein appointed president and CEO of ZIM
Haifa
He will replace the resigning Eli Glickman.
Gianluca Croce has been confirmed as president of Assagenti Genova.
Genoa
The members of the association's board for the two-year period 2026-2028
The Mega Serena ferry has joined the Corsica Sardinia Ferries fleet.
Vado Ligure
It has a capacity of up to 2,000 passengers and over 600 vehicles.
The first steel cutting of the Crystal Grace cruise ship took place in Marghera.
Miami
Fincantieri will deliver the vessel in spring 2028
Palumbo Superyacht awarded 13,048 square meters of mooring space to the Port of Ortona.
Ancona
Central Adriatic Port Authority, guidelines for issuing the single ZES authorization
Port of Livorno: Two new FHP MarterNeri warehouses inaugurated
Livorno
Investment exceeding 23 million euros
The Committee of the Central Northern Tyrrhenian Sea Port Authority has decided to close the institution's state of crisis.
Civitavecchia
New solution for exceptional transport on intermodal trains from FS Logistix and Van der Vlist
Verona
Two aerial platforms transported from Verona to Rostock
Port of Naples: Fire aboard GNV's Phoenix ferry
Naples
Flames broke out in the internal areas of deck 6 of the ship
Latrofa has chosen a trusted individual to lead an in-house company within the Lazio Port Authority.
Civitavecchia
The new sole director - he underlined - has been provided with particularly stringent management guidelines
In the first three months of 2026, MPC Container Ships' revenues decreased by -6.4%.
Oslo
Quarterly net income of $40.8 million (-31.8%)
The 2026-2028 Three-Year Operational Plan of the Sardinian Port Authority has been approved.
Olbia
Green light from the Management Committee
The environmental assessment process for the San Antonio Outer Harbor project has been completed.
Saint Anthony
The Viking Mira cruise ship was delivered at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
It has a gross tonnage of 54,300 tons and a capacity of 998 passengers.
In 2025, RINA recorded revenues of over one billion euros (+11%)
Genoa
Net profit up 30%
The new railway bridge has been installed at the Port of Marina di Carrara.
Marina di Carrara
Pisano: A turning point in the port's logistics organization.
Ports, freight terminals, and corridors. Venice and the Upper Adriatic as a gateway to the East.
Venice
This is the theme of the event that will be held on Thursday in Venice
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
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
On June 12th in Naples, an initiative by Filt Cgil on governance in the port sector
Rome
Comparison on the logistical, industrial and infrastructural development of ports
››› Meetings File
PRESS REVIEW
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Estonian State Fleet orders electric-powered ferry from Polish shipyard Crist
Tallinn
Contract worth 49.93 million euros
In April, Spanish ports handled 1.7 million containers (+1.7%)
Madrid
Cruise passengers down by -18.4%
Container traffic in the port of Valencia decreased by 2.5% in April
Valencia
In the first four months of 2026, almost 1.8 million TEUs were handled (+0.2%)
Global Ship Lease posts record quarterly revenues again
Athens
Net profit down 24.0%
International cooperation between the Sardinian Port Authority and the Port of Tangier Ville for luxury yachting
Cagliari
Promotion of an integrated nautical circuit between Sardinia and Morocco
The new first aid medical center has been inaugurated in the port of Gioia Tauro
Gioia Tauro
Among the facilities, a first aid clinic and a CMR ambulance
BPER provides financing to Grimaldi Euromed for fleet modernization.
Milan/Naples
Resources used to partially cover the purchase of the ship "Grande Manila"
ASRY and Priya Blue establish ship recycling yard in Bahrain
Al Muharraq/Alang
First ship destined for dismantling has arrived in the Middle Eastern nation
SAAM Towage orders five new tugboats from Turkish shipyard Sanmar Shipyard
Santiago
They will have a pulling capacity of between 70 and 80 tons
Container traffic at the Port of Long Beach dropped 5.7% last month.
Long Beach/Singapore/Hong Kong
In Singapore, growth of +3.6% was recorded, while in Hong Kong containers decreased by -6.3%.
Carta (Fermerci): Urgent policies are needed to support railway companies.
Rome
In 2025, rail cargo lost approximately 3.5%, in terms of trains/km
Fratelli Neri orders two more new tugboats in Egypt
Ismailia
Contract with the Suez Canal Company for Modern Boats
Container traffic in the port of Barcelona grew by 17.4% in April.
Barcelona/Algeciras
Algeciras port increases by 6.3%.
The Islamabad government has approved the sale of a 30% stake in the Pakistan National Shipping Corporation.
Islamabad
The share will go to the state logistics company NLC which will also assume management control of PNSC
In 2025, the Spanish port system recorded record revenues
Madrid
Pre-tax profit was 349 million euros (+4.2%)
Leapmotor International strengthens its partnership with the Neapolitan Grimaldi shipping group.
Hoofddorp
In the first quarter, approximately 20,000 units were transported from China to the Italian market.
Cruise traffic in German ports reached a new record last year
Wiesbaden
With 1.51 million passengers, growth was +4.1%.
Federazione del Mare joins the celebrations for the International Day for Women in Maritime 2026.
Rome
Mattioli: The maritime economy is losing opportunities and potential.
After years of sustained growth, short sea shipping in Spain has entered a phase of structural slowdown
Madrid
This is what the latest report from the Observatorio Estadístico del Transporte Marítimo de Corta Distancia reveals.
AD Ports to buy German freight forwarder MBS Logistics
Colony
The company has over 450 employees and 26 offices worldwide.
The Spinelli Group has joined the Sustainable Intermodal Logistics Association
Genoa/Rome
Summary: ALIS can offer our ecosystem strategic added value
$200 million investment to build and equip the new multipurpose terminal at Pointe-Noire
Brazzaville/Abu Dhabi
Ordered three ship-to-shore cranes from ZPMC
Evergreen confirms purchase of five new 24,000 TEU containerships
Taipei
They will be built by the Chinese shipyard Guangzhou Shipyard International
Korea will launch an Asia-Europe containerized shipping service on the Arctic route in the coming months
Busan
The tender concluded with the preliminary selection of the PanStar company.
In the period January-March, freight traffic in the port of Koper decreased by -3.9%
Ljubljana
In the container sector, 2.4 million tons were handled (-1.7%)
The Maritime Union has raised new alarm over the fate of former ILVA ships.
Verona
Their possible demolition puts 240 maritime jobs at risk
Last chance to recognize some port jobs as strenuous and to establish a pension fund
Genoa
Siemens to acquire Italian MERMEC business
Monk
The transaction will include the Ferrosud rolling stock production plant in Matera
Growth in intermodal traffic at the Nola interport
Nola/Milan
Economic and financial analysis by the Fedespedi Research Center on freight terminal management companies
Quarterly decline in goods handled by Montenegro's ports
Podgorica
The increase in cargo volumes to and from Italian ports continues, albeit at a slower pace.
Assarmatori denounces the exclusion of maritime transport from the Fuel Decree-Law II.
Rome
Messina: The sector cannot be expected to absorb the impact of fuel price increases alone.
HHLA records a -5.3% decline in containers handled in the first quarter
Hamburg
Eijsink: An unusually harsh winter has significantly limited our daily operations
MSC Technology Italy launches a plan to hire 200 new people.
Turin/Geneva
MSC Cruises debuts in the Alaska market
The Marche Region has approved Carloni's appointment as president of the Central Adriatic Port Authority.
Ancona
Awaiting the opinion of the Abruzzo Regional Council
Greek company Danaos Corporation's quarterly revenues remain stable.
Athens
Two ships of the company are still blocked in the Persian Gulf
Container traffic at the Port of Los Angeles increased by 5.7% in April.
Los Angeles/Port Newark
In the first three months of 2026, the Port of New York handled nearly 2.2 million TEUs (-1.2%)
Cognolato was confirmed as president of Assiterminal
Rome
The new presidency committee and board of directors were also elected
In the first quarter of 2026, freight traffic in the port of Ravenna increased by +0.8%
Ravenna
The growth was driven by the entry into operation of the regasification plant
MSC introduces calls at Naples and Malaga on its Dragon service
Geneva
Calls at the Gioia Tauro port have been cancelled.
The National Maritime Fund's board has been renewed.
Genoa
He will remain in office for three years
Network contract for the joint development of intermodal services in Emilia-Romagna
Bologna
It was signed by Interporto Bologna, Dinazzano Po S, SAPIR and Rail Traction Company
Messina (Assarmatori): European technocracy appears inflexible on the EU ETS
Brussels
He underlines that a significant improvement of these policies is necessary.
d'Amico International Shipping's first quarter results are positive.
Luxembourg
The company benefited from the effects of geopolitical tensions
Two orientation events in Livorno and Naples to present the ITS Purser course.
Genoa
Meetings scheduled by the Italian Merchant Marine Academy with the Grimaldi Group
The bow section of the Explora V was launched in Palermo
Geneva
Fincantieri will deliver the cruise ship to Explora Journeys in 2027
The president of the Eastern Adriatic Port Authority is the new president of Trieste Passenger Terminal.
Trieste
He takes over from Gianluca Madriz
Port of Olbia: Seabed restoration work has begun in the access channel to Isola Bianca.
Cagliari
The aim is to safely allow large cruise ships to enter
Damen to renovate and operate Dakar ship repair yard
Dakar/Gorinchem
20-year contract with the Société des Infrastructures de Réparation Navale
Savino Del Bene has acquired three companies of the Spanish Grupo Marítima Sureste
Florence/Valencia
The agreement involves Marítima Sureste Shipping, Marítima Sureste Spain and Transportes Gaypemar
Fim-Cisl, the meeting with Fincantieri regarding the Muggiano shipyard's prospects was positive.
La Spezia
The investments announced by management - the union noted - are going in the right direction.
Rising energy costs weigh on Finnlines' latest quarterly financial statement.
Helsinki
Doepel: Burdens further increased by EU ETS implementation
Marabello is the new secretary general of the Strait of Messina Port Authority.
Messina
The assignment lasts four years
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