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Independent journal on economy and transport policy
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BRIEFS
October 29, 2008
The Business Timesweb site
Shipping News
  • New Jurong Port terminal a boost for lighter operators
    SINGAPORE'S lighter and ship-chandling operators now have bigger and better facilities to work from with the opening of the new Penjuru Terminal at Jurong Port.
  • UniSIM, logistics body to offer degree course
    SIM University (UniSIM) in collaboration with the Singapore Logistics Association (SLA) is offering a dedicated logistics degree programme, the only one to be offered by a Singapore university and which is dedicated to a comprehensive study of logistics and supply chain management.
  • China iron ore demand down: Vale
    BRAZILIAN iron ore giant Vale confirmed a significant slowdown in Chinese demand, underlining current weakness on the key Brazil-China drybulk route.
  • Going transparent to survive credit crisis
Strait Talk
  • Enthusing the next generation
    AS MARITIME Week disappears astern, perhaps now is a good time to reflect on the fundamentals of being a maritime centre or shipping hub or shipping nation. The exact term doesn't matter; what does matter is an understanding that, to a significant extent, Singapore depends on the sea and shipping.
Motoring
  • Porsche offers benchmark warranty to beat grey imports
    AUTHORISED Porsche distributor Stuttgart Auto has rolled out Singapore's longest maintenance and warranty package. And its target is not other premium marques but its own brand. It aims to beat parallel imports by offering customers something they cannot get elsewhere - 'peace of mind'.

The Business Timesweb site
Shipping News
  • New Jurong Port terminal a boost for lighter operators
    SINGAPORE'S lighter and ship-chandling operators now have bigger and better facilities to work from with the opening of the new Penjuru Terminal at Jurong Port.
  • UniSIM, logistics body to offer degree course
    SIM University (UniSIM) in collaboration with the Singapore Logistics Association (SLA) is offering a dedicated logistics degree programme, the only one to be offered by a Singapore university and which is dedicated to a comprehensive study of logistics and supply chain management.
  • China iron ore demand down: Vale
    BRAZILIAN iron ore giant Vale confirmed a significant slowdown in Chinese demand, underlining current weakness on the key Brazil-China drybulk route.
  • Going transparent to survive credit crisis
Strait Talk
  • Enthusing the next generation
    AS MARITIME Week disappears astern, perhaps now is a good time to reflect on the fundamentals of being a maritime centre or shipping hub or shipping nation. The exact term doesn't matter; what does matter is an understanding that, to a significant extent, Singapore depends on the sea and shipping.
Motoring
  • Porsche offers benchmark warranty to beat grey imports
    AUTHORISED Porsche distributor Stuttgart Auto has rolled out Singapore's longest maintenance and warranty package. And its target is not other premium marques but its own brand. It aims to beat parallel imports by offering customers something they cannot get elsewhere - 'peace of mind'.

The Business Timesweb site
Shipping News
  • New Jurong Port terminal a boost for lighter operators
    SINGAPORE'S lighter and ship-chandling operators now have bigger and better facilities to work from with the opening of the new Penjuru Terminal at Jurong Port.
  • UniSIM, logistics body to offer degree course
    SIM University (UniSIM) in collaboration with the Singapore Logistics Association (SLA) is offering a dedicated logistics degree programme, the only one to be offered by a Singapore university and which is dedicated to a comprehensive study of logistics and supply chain management.
  • China iron ore demand down: Vale
    BRAZILIAN iron ore giant Vale confirmed a significant slowdown in Chinese demand, underlining current weakness on the key Brazil-China drybulk route.
  • Going transparent to survive credit crisis
Strait Talk
  • Enthusing the next generation
    AS MARITIME Week disappears astern, perhaps now is a good time to reflect on the fundamentals of being a maritime centre or shipping hub or shipping nation. The exact term doesn't matter; what does matter is an understanding that, to a significant extent, Singapore depends on the sea and shipping.
Motoring
  • Porsche offers benchmark warranty to beat grey imports
    AUTHORISED Porsche distributor Stuttgart Auto has rolled out Singapore's longest maintenance and warranty package. And its target is not other premium marques but its own brand. It aims to beat parallel imports by offering customers something they cannot get elsewhere - 'peace of mind'.

Sched Netweb site
  • MOL quarterly profit up 30pc, but outlook darkens 7pc
  • Senator Lines adds capacity to Europe-S America
  • Warships deploy in the Gulf of Aden as NATO makes war on piracy
  • Samudera receives 2nd 1,740-TEU newbuilding from China
  • Transits slow through Panama Canal during lock repairs
  • India proposes rail freight service for Bangladesh boxes
  • EU plans to combine liner shipping consortia market shares
  • Seattle Port sees box declines mount in September
  • Best Air starts Singapore-Dhaka service from Changi Airport
  • Cargo 2000 gains Hong Kong's AAT membership
  • Shenzhen ceremony marks UPS Asia air hub shift from Philippines
  • United Airlines starts Washington-Dubai service

International Transport Journalweb site
OCTOBER 28, 2008
  • Widdows warns of large scale capacity reductions
  • Air France-KLM issues results warning, expects profit
  • AAAE/IAAE conference opens today in Greece

Maritime Global Netweb site
OCTOBER 28, 2008
  • Braemar still on a roll
  • Netherlands signs Wreck Convention
  • Heavy lift cargo goes over the side

Marine Logweb site
OCTOBER 28, 2008
  • Hawaii Superferry to delay deployment of second ship
  • Progress reported in Faina negotiations
  • Royal Caribbean reports record earnings but weak bookings
  • Economic downturn won't end crew shortages
  • Northern Offshore cancels deal to acquire two Transocean semis
  • Heavylift ship loses liftboat

Lloyd's Listweb site
OCTOBER 28, 2008
  • Record rig costs will jeopardise deepwater oil projects
    OFFSHORE owners urged to lower prices as developers see their profits fall this quarter.
  • Bargains abound for blue chip drillers
  • Britannia troubles put Golden Ocean at risk
    GOLDEN Ocean's net outstanding capital expenditure set to rise if struggling dry bulk owner cancels panamax newbuildings order.
  • Ship order cancellations shrouded in secrecy
    LACK of clear details make it difficult to analyse the forward orderbook.

Fairplayweb site
OCTOBER 28, 2008
  • China, Russia finally close pipeline deal
    RUSSIA'S pipeline company Transneft has agreed to complete a pipeline between southeastern Siberia and Daqing in northern China
  • US Senator Ted Stevens convicted
    ALASKA Senator Ted Stevens has been convicted of lying about gifts from wealthy friends and contributors
  • Kroes demands early Poland decision
    EC COMPETITION chief Neelie Kroes has given Poland less than a week to accept her proposals on the future of the bankruptcy-threatened shipyards of Gdynia and Szczecin
  • Royal Caribbean confirms fears
    ROYAL Caribbean Cruises conceded today that "there has been a significant deterioration in new bookings due to economic and financial turmoil".

The Journal of Commerceweb site
OCTOBER 28, 2008
  • Court asked: Deny port trucks filing delay
    Truckers want federal appeals court to deny request from LA-Long Beach ports for delay in filing responses in clean-truck truck concession case
  • MOL quits TSA, CTSA
  • Changes threaten US intermodal route: Report
  • November launch for LA-Long Beach truck fee system
  • New York-New Jersey terminals to close for Election Day
  • US plans pilot program to bar unsafe imports
  • Hanjin mulls Jaxport deal
  • GAO report criticizes validated end user program
  • Cargo thieves busy on weekends, insurer finds
  • Loss for China Shipping
  • Antwerp boxes gain 9%

Containerisation Internationalweb site
OCTOBER 28, 2008
  • Eimskip wins time as Iceland hikes interest rates to 18%
  • Marseilles Fos signs finance deal with BEI
  • Somalia pirate attacks 'unprecedented'
  • Salvors call for preservation of emergency response after boxvessel refloated
  • CSCL in the red for Q3

TradeWindsweb site
OCTOBER 28, 2008
  • Brit Bulk blowout
    Britannia Bulk shares plummet by nearly 86% as shipping stocks close split in rallying US markets.
  • Britannia in peril
    Arvid Tage-led bulker player says it has "severe financial difficulties" and warns it faces bankruptcy if banks pull the plug.
  • Exmar profits dip
    Belgian gasship owner reports a 2.7% slip in nine-month operating profits after VLGC strength was short-lived.
  • Double delay?
    Solstad Offshore warns that two 300 ton bollard pull AHTS newbuildings may not be delivered on time.
  • Fund in LNG slice
    US hedge fund reveals 14.6% stake in Texas LNG terminal developer Cheniere Energy.
  • GSL bags CTO
    New York-listed containership owner taps British Marine's technical chief, Vivek Puri.
  • 'Dramatic' change
    Richard Fain-led Royal Caribbean posts record third-quarter profits but sees a sudden slump in its operating environment.
  • Seismic shift
    Norwegian geophysical player Wavefield Inseis says fourth quarter to be tougher than it thought.
  • Insurer's net sinks
    New York's Navigators Group sees profits plunge by 96% after Hurricanes Ike and Gustav.
  • CMES soars
    Higher rates earlier in the year boost Chinese tanker and bulker player's nine-month profit figure.
  • Finnlines fades
    Finnish ro-ro owner's nine-month profit ebbs on higher costs, despite passenger and freight numbers rising.
  • Nordic backtracks
    Steen Bryde-led tanker owner sticking to shipping after binning last week's plan for outside investment.
  • Glitnir no more
    Cleaves Shipbroking buys back bank's 50% share in shipping and offshore financing joint venture, led by Per Olav Karlsen.
  • CSAV head dies
    Chilean businessman and liner operator chairman Ricardo Claro suffers heart attack at 74.
  • CSSC stronger
    Shanghai-listed shipbuilding giant improves third quarter earnings as deliveries rise.
  • Costs hurt GSI
    Guangzhou Shipyard manages to pile on sales as efficiency improves but costs send profit down.
  • Boxship free
    Multraship and URS refloat PIL container vessel that grounded in River Scheldt carrying hazardous cargo.
  • Full circle
    Maersk tanker forced to complete 360-degree turn to avoid MST-managed bulker in Dover Strait, probe reveals.
  • Marsh not down
    Braemar's chief Alan Marsh "not as negative" on market as others but high dry-bulk rates were "nonsense".
  • Lights out
    German owner fined over lookout failure leading to clash between general cargoship and UK light ship.
  • Delphis gets cash
    Alexander Saverys-led feeder line scoops breakthrough loan from two banks to cover six vessels on order in Germany.
  • Braemar surges
    Alan Marsh-led broker piles on profit in first half but warns dry-bulk rates will not reach previous highs and global recession 'imminent'.
  • Dof drops price
    Norwegian shipowner lowers offer for Dof Subsea for a second time as long-running takeover sage continues.
  • Back in black
    Fred Olsen's FPSO operation produces nine-month profit turnaround as fleet fully employed.
  • Fifth to fail
    One in five deepwater rig newbuildings will be chopped or held up by the credit crunch, analyst warns.
  • Daunting task
    Divers admit they will never recover anywhere near the 515 bodies still missing after the Princess of the Seas sinking.
  • STX suffers
    Korean owner STX Pan Ocean hurt by currency movements as third quarter profit falls 15%.
  • Rig deal off
    Credit crunch stops Fredriksen-backed Northern Offshore buying two semi-submersible drilling units.
  • No TB at GB
    Grand Bahama Shipyard now free from deadly disease after four workers tested positive.
  • Lost at sea
    Jack-up liftboat falls overboard from heavy lift vessel in Atlantic after rolling in rough weather.
  • Ferry bail-out
    Norwegian government proposes higher subsidies to protect Hurtigruten's coastal cruise-ferry business.
  • NATO one for one
    North Atlantic Treaty Organisation force escorts first World Food Program ship into Somalia.

American Shipperweb site
OCTOBER 28, 2008
  • Host of problems confront liner industry
  • Big ships in Europe/South America trade
  • China approves Sinotrans, CSC merger
  • Stena buys slice of Paradise Tankers
  • MSC changing intra Asia feeders
  • Construction begins on UPS's China hub
  • Cargo B to lease 747-400 freighter from Nippon Cargo
  • UPS promotes hydraulic hybrid vehicle
  • GAO calls on Commerce to suspend VEU program
  • EU version of Lacey Act aimed at illegal timber harvests
  • Bush remains committed to rebuilding Georgia's economy
  • Sorrow leads supply chain acquisition startup
  • Shoe industry seeks repeal of import tax
  • Obama reinforces commitment to infrastructure
  • Tradeteam secures $220 million Coors deal
  • Stobart to build $436 million transport, warehouse center
  • Savi teams with Litium in Scandinavian push
  • Gulfport commissioners approve expansion plan
  • Ports America starts Bayonne ro/ro operation
  • Marseilles Fos gets loan for terminal expansion

The Scandinavian Shipping Gazetteweb site
OCTOBER 28, 2008
  • Lindenau got its loan
    The insolvent shipyard Lindenau Werft in Kiel has received a EUR 28 million loan from HSH Nordbank for the building of a product tanker. According to Lloyd's List, the shipyard is also in negotations with another German bank for financing ...
  • Large loss for Gard
    The P&I club Gard reports a USD 49 million deficit for the first half of 2008, the reasons being the current claims environment and a volatile finance market. The club's combined net ratio was however better than budgeted at ...
  • Royal Caribbean stops fuel surcharges
    Royal Caribbean Cruises announces that the company's fuel surcharges no longer will apply to new Royal Caribbean International, Celebrity Cruises and Azamara Cruises. The agreement covers bookings made on or after November 10, 2008, for sailings that depart on or ...

The Bunker Bulletinweb site
OCTOBER 28, 2008
  • Fuel saving technology nets award
    Icelandic company recognised for demonstrating 'significant reductions'.
  • 'Green' award for emissions-reducing technology
    Icelandic company recognised for demonstrating 'significant reductions'.
  • Bulk operator on the brink
    Issues Q3 profit warning, says 'severe financial difficulties' could lead to liquidation or bankruptcy.
  • Royal Caribbean forecasts lower fuel costs
    Surge in Q3 expenditure but some relief expected.
  • Declining bunker prices 'positive' amid crisis
    Parcel tankers have fared better than other shipping segments, but sector is not 'immune to the crises'.
  • DNVPS speaks up in MARPOL sample debate
    Hits back at claim testing agencies are causing confusion among ship operators.
  • Rotterdam market quiet at midday
  • Singapore bunkers fall below $300
    Some suppliers unwilling to offer Tuesday due to low prices.
  • NYK keeps profit forecast as bunkers slip
    Japan's shipping lines NYK, Mitsui and K Line lower bunker price forecasts.
  • Acute shortages persist in Hong Kong
    Product shortages expected to ease from early November.

›››File
FROM THE HOME PAGE
Ports of Italy: The issue of competences divides the reform
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Washington/Southampton/Rotterdam
Meanwhile, another tanker, the "Stolt Magnesium", was hit by a missile near Oman
European shipowners call for permanent derogations from the EU maritime ETS after 2030
Brussels
Exemptions for connections with islands and outermost regions, for polar class vessels, for transnational public service obligations and for search and rescue activities
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
Two VLCCs operated by the UAE's ADNOC were attacked in the Strait of Hormuz.
Abu Dhabi/Tampa
US Central Command announces reinstatement of blockade on maritime traffic in and out of Iranian ports
Trump announces a tax on goods passing through the Strait of Hormuz protected by the US
Washington/Portsmouth
Expected to be equal to 20% of the value of the transported loads
Six-monthly vessel traffic in the Straits of Malacca and Singapore increased by +3.7%
Port Klang
In the second quarter of this year alone, a decrease of -0.5% was recorded
In May, naval traffic in the Suez Canal increased by +15.0%
Cairo
In the first five months of 2026, 5,696 ships passed through the port (+12.7%)
OOCL records sharp increase in containers carried by its fleet
Hong Kong
In the April-June quarter, revenues generated by this activity grew by +19.8%
Strait of Hormuz, a container ship was attacked near the coast of Oman
Muscat/Portsmouth/New Delhi/Tampa
Fire on board. One crew member missing. 23 other sailors rescued.
At the port of Marseille-Fos, general cargo traffic is increasing while bulk cargo is decreasing.
Marseille
In the first half of 2026, cruise passengers increased by +5%
The Swedish government is calling for the EU maritime ETS to be extended to more vessels.
Stockholm
Stockholm stresses the need for the ETS to remain a pillar of EU climate policy
Assiterminal will bring the issues of concession fees, investments and intermodality to the attention of politicians.
Genoa
Proposal to grant a concession fee discount to terminals that increase rail traffic
Pirate attacks on ships continue to decline
London
In the first half of this year, 38 accidents occurred compared to 90 in the first six months of 2025.
There are still six thousand sailors trapped in the Strait of Hormuz region
London
Dominguez (IMO): I remain confident that the evacuation plan can be resumed
A study highlights the significant costs and counterproductive effects of the application of the EU ETS to maritime connections with western Sicily
Palermo
For the Naples-Palermo and Genoa-Palermo routes the annual cost varies between 2.9 million and 19.9 million euros.
Fincantieri to build third ultra-luxury cruise ship for Four Seasons Yachts
Trieste
The unit will be built in the Ancona plant and will be delivered in 2031
Fermerci urges the search for resources to support rail freight transport.
Rome
Paper: from the remodulation of the PNRR we expect that resources will finally be allocated to compensate for the damages that operators are suffering
Another tanker hit by a drone in the Strait of Hormuz
Southampton
The device caused limited structural damage
New attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit by a shell which started a fire
Evergreen founder's son investigated for insider trading
Taipei
He was released on bail today
ECSA: Shipping receives a cut of its EU maritime ETS payments.
Brussels
Italy, ranked third in Europe, earns €669-787 million. Only France and Estonia allocate a specific portion of this revenue to the maritime sector.
Fincantieri acquires Next Geosolutions, WSense, Graal Tech, and Defcomm to develop the underwater segment
Trieste
The first phase of operations involves an outlay of approximately 600 million euros
A new attack on a ship in the Red Sea raises alarm over a possible resumption of Houthi actions.
Portsmouth
The accident occurred 30 nautical miles southwest of the port of Hodeidah
The Regional Administrative Court (TAR) has accepted the appeal for the annulment of the environmental impact assessment decree for the Fiumicino tourist and cruise port.
Rome
The project - explains the ruling - although speaking of a "prevalent" recreational function, actually foresees a very significant cruise component.
Transport & Environment calls for the introduction of national cruise taxes and further EU measures to mitigate their impact
Brussels
Assiterminal's proposals for amending the Ports Bill focus on port work
Genoa
According to the association, the distinction between port operations and services must be overcome
Assologistica and Assoporti also request changes to Porti d'Italia Spa.
Rome
Both associations highlight the central role of the Port System Authorities
Peruvian judiciary rules that COSCO's private port of Chancay must be subject to public oversight
File
The corrections proposed by Confitarma, ANCI, the Port Authorities and the Italian Competition Authority (AGCM) to the port governance reform
Rome
AP Møller Holding to acquire Norwegian ship leasing company Ocean Yield
Copenhagen/London/Oslo
Holds interests in a fleet of more than 70 cargo vessels
CMA CGM to Invest $1.4 Billion to Buy FedEx Supply Chain
Memphis/Marseille
The American company has nearly 10,000 employees
Brittany Ferries announces plan to scale back operations
Roscoff
The company reports that the difficulties caused by the Covid pandemic and unfair competition have been compounded by the effects of the EU ETS.
ITF and JNG agree to maintain the designation of the Strait of Hormuz as a Warlike Operations Area until July 9
London
It provides seafarers with greater protection and more adequate compensation
Assiterminal highlights the difficulty of placing Porti d'Italia, as proposed by the government, within the Italian port system and within Community law.
Rome
Cargo traffic at Chinese seaports fell by -0.4% in May
Beijing
Containers amounted to 27.5 million TEUs (+2.9%)
The administrative process for the new Port Master Plan for Augusta has begun.
Augusta
TiL (MSC Group) acquires 49% stake in Indian port of Vizhinjam
Mumbai
The stake was sold by Adani Ports for $1.4 billion
Hanseatic Global Terminals (Hapag-Lloyd Group) to acquire 20% of Eurogate Container Terminal Hamburg
Hamburg
The German shipping group will also increase its stake in the Moroccan Tanger Alliance
La Spezia is among the Italian ports that are most increasing their connections to container shipping lines.
Geneva
Among the other main national airports, Vado Ligure and Ravenna are losing connections
Spanish shipowners call for EU maritime ETS revenues to be reinvested in shipping
Madrid
Boluda: Spanish companies will inject over five billion euros into the system by 2030
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Manama
Rejected any toll, tax or attempt to exercise control over the Strait
IMO suspends evacuation operations for ships awaiting transit through the Strait of Hormuz
London/Taipei
Evergreen says its container ship was hit while following the UKMTO-recommended route.
Four entities pre-qualified for the concession of the cargo terminals of the Ukrainian port of Chornomorsk
Gdansk
These are APM Terminals, Mariner/TAS, Yilport Holding and AD Ports/SKF Holdings UK
New attack on a ship transiting the Strait of Hormuz
Southampton
The container ship Ever Lovely was hit by a shell off the coast of Oman.
In 2025, 1,478 containers were lost at sea out of a total of 280 million transported by ships
Washington
On January 1st, the IMO regulation came into force which makes reporting of boxes lost at sea mandatory
BIMCO and ICS' latest report on the maritime workforce raises alarm over officer shortages
London/Bagsværd
In 2026, there will be a shortage of 39,100 STCW certified officers.
In 2025, intermodal traffic handled by Kombiverkehr decreased by -13.5%
Frankfurt am Main
Annual revenues down 8.3%
The government's proposal to update the rules on port governance raises more than one doubt
Rome
Costa: The lack of infrastructure planning cannot be solved with a joint stock company
MSC Cruises and Meyer Werft have not yet signed contracts for four new cruise ships plus two options.
Papenburg/Geneva
The companies expressed confidence that they could successfully conclude negotiations in the coming weeks.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
Geneva
In the second quarter of 2026 it was equal to 290.0 (+2.3%)
AD Ports has completed the acquisition of an 81% stake in Global Feeder Shipping.
Abu Dhabi
In 2025, the company's ships carried 2.8 million containers
An evacuation plan has been established for ships still waiting to transit the Strait of Hormuz.
London/Muscat
Dominguez (IMO): The operation will be carried out in close cooperation with Iran, Oman, all other coastal states in the region, the USA and the maritime industry
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Miami
Fuel costs rise to near-record levels in 2022
Reducing navigation speed and optimizing port calls are the key to decarbonizing shipping
Copenhagen
A new study by the Global Maritime Forum highlights this.
ECSA and A4E reiterate the need to allocate EU ETS revenues to the decarbonisation of ships and aircraft
Brussels
Essential to bridge the price gap between sustainable and conventional fuels
AD Ports' new bid to gain control of Egypt's ALCN rejected
Cairo
A new proposal worth approximately $580 million has been submitted.
John Denholm is the new president of the International Chamber of Shipping
Rome
He succeeds Emanuele Grimaldi, who has completed his four-year term
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
ZPMC Delivers New Ultra-High Wind-Resistant Port Cranes
Shanghai
The world's tallest rail-mounted reach stackers for empty containers have also been built.
Peninsula and Itochu form joint venture to supply ammonia bunkering to European ports
Gibraltar
The initiative in response to the growing demand for zero-carbon fuels
Konecranes announced its entry into Japan
Helsinki/Tokyo
Acquisition of 70% of Mitsubishi Electric FA Industrial Products
Saipem wins $2 billion contract in Indonesia
Milan
Seven IMO regional coordinators have been introduced who will provide technical support to the organisation's Member States.
London
Jadrolinija has inaugurated its new fast maritime service Ancona-Zadar
Ancona/Zara
It provides five departures per week and a crossing of approximately four hours.
Hapag-Lloyd to reorganize services in the Adriatic
Hamburg
The port of Ancona, removed from the ADX line, will continue to be served by the IAS service
Eleven nominations for the eighteenth edition of the ESPO Award
Brussels
This year's theme is dual-use port-city projects
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Jotun COSCO Marine Coatings signs agreement with COSCO Shipping Bulk for 125 new vessels
Sandefjord
Advanced hull performance solutions will be implemented
Maersk issues first order for new containers produced in India
Copenhagen
Local production has been stimulated by the introduction of incentives
Last May, freight traffic in the port of Ravenna grew by +3.4%
Ravenna
An increase of +10.6% is expected in June
Sardinia's Port Authority spent approximately €157 million in PNRR funds
Cagliari
Achievement of the targets expected by June 30, 2026
Hannibal will inaugurate a new intermodal service from Melzo to Rotterdam Europoort on July 8th.
Melzo
Six weekly trains are scheduled that will be able to carry up to 38 cargo units
PSA to build and operate container terminal at Vietnam's Lach Huyen port
Singapore
Agreement with Lach Huyen International Logistics & Industrial Park
Sandro Bucchioni and Andrea Fontana confirmed as presidents of the La Spezia freight forwarders and maritime agents.
La Spezia
New two-year mandate
Konecranes has acquired the nuclear and port services segment of Spain's Coapsa.
Hyvinkää
The company has an annual turnover of approximately four million euros.
PSA Italy presented its 2025 Sustainability Report
Genoa
The document highlights, among other things, the employment data and the economic impact on the territory
The Central-Northern Adriatic Port Authority confirms the completion of the projects financed by the PNRR
Ravenna
Mirco Carloni has taken office as president of the Central Adriatic Port System Authority.
Ancona
The Grimaldi Group has taken delivery of the new PCTC Grande Oriente
Naples
It will be placed on the Asia-Europe route
Port of La Spezia: 60 Sea Log workers rehired by other port companies
La Spezia
Pisano (AdSP): very satisfied with the positive conclusion of this dispute
The Central Adriatic Port Authority announces that it has achieved its objectives under the PNRR
Ancona
The funds coming from the plan financed by the European Union amounted to 39.6 million euros
A workshop on cold ironing and related risks and insurance solutions will be held in London.
London
Rossi (ADVANT-Nctm): effective infrastructure development must necessarily take into account legal and insurance aspects
Fincantieri signs an agreement in Albania for shipbuilding training.
Trieste
Skills development for the growth of the new Pashaliman naval industrial hub
Reorganization of ro-pax traffic areas in the port of Catania
Catania
Ferries will no longer be moored on the central jetty or along the eastern breakwater
Maersk raises fiscal 2026 forecast
Copenhagen
Continued growth in demand for containerized shipping and increased spot rates
Green light for the awarding of railway shunting services in the ports of Savona and Vado
New trucking area in the port of Genoa
The Italian Ports Association will hold its assembly in Naples on Wednesday.
Rome
The discussion on port governance reform will be at the heart of the proceedings.
Registration for seafarers' registers is now open to non-EU citizens residing in Italy.
Genoa
Vidotto (Foundation of the Italian Merchant Marine Academy): a step towards civilization
Project to build shipyard in Tartous port expected to accelerate
Damascus
Meeting between a delegation from Kuzey Star Shipyard and the leaders of the Syrian General Authority for Ports and Customs
Port of Gioia Tauro: Work to reactivate hauling and launching operations has been completed.
Gioia Tauro
These operations had been at a standstill since 2024
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will take place in Genoa on July 1st.
Genoa
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
Govt does not interfere in port management appointments - Loke
(Bernama)
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
In Spain, €11.8 million in eco-incentives have been allocated for the use of motorways of the sea.
Madrid
163,672 shipments made by 32 companies subsidized
ABB has signed an agreement to buy Norwegian marine automation company Høglund.
Zurich
The Tønsberg-based company's integrated automation system is currently installed on over 600 vessels.
Port of Gioia Tauro: tender launched for the redevelopment of the ro-ro docks
Gioia Tauro
Worth 5.6 million euros, the works will last 210 days
Grimaldi confirms the important role of the port of Catania in its strategies
Catania
The aim is to increase services and make existing ones even more efficient.
Annual growth of +6% in cruise traffic and +2% in ferry traffic is expected in the Adriatic
Venice
It is the only Mediterranean region to have recorded a decline in cruises in the period 2019-2025
PSA Padova established to develop and manage the Padua intermodal terminal
Padua
The shareholders of Interporto Padova and Padova Hall have approved the merger plan
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.
Spediporto has opened its own representative office in Hong Kong
Genoa
Giachero: the opening of this desk is also an opportunity for young people
Arcese, Conti and Cosulich establish a company for the port logistics of finished vehicles
Livorno
HMM orders eight bulk carriers and two gas carriers
Seoul
Investment of approximately 1.1 billion dollars
MPC Container Ships has purchased four 7,000 TEU containerships built between 2023 and 2024.
Oslo
Investment of 340 million dollars
FedEx posts record quarterly and annual revenue
Memphis
Total revenues in fiscal year 2026 amounted to $94.7 billion (+7.7%)
Geopolitical uncertainty has become the main risk for shipping
Munich
Evergreen purchases 140,500 new containers in China
Taipei
Investments totaling $358.9 million
Yesterday, the Strait of Hormuz was crossed by 42 commercial vessels
Paris
For the first time since the beginning of the conflict, several LNG tankers entered the Persian Gulf
Memorandum of Understanding for the Launch of Drone Use in the Port of Palermo
Palermo
Submission of the request for the establishment of U-Space
Saipem wins new $1 billion offshore contract in Angola
Milan
It was awarded by Azule Energy for the Greater PAJ project
Port of Ancona: Dredging work has begun on the seabed of quay 22.
Ancona
Approximately six thousand cubic meters of sediment will be removed
Confitarma welcomes clarifications regarding ship waste collection management.
Rome
The need for uniform application of the legislation throughout the country was highlighted.
The Tuscan Cooperation Development Fund invests in Uniport Livorno.
Livorno
Operation for a total of 880 thousand euros carried out together with co-investor Coopfond
Fit-Cisl, recognizing dock work as arduous is a priority
Genoa
Pagnotta: This is not a corporate claim, but a question of social justice.
Hupac increases weekly rotations between Antwerp and Busto Arsizio via France to four.
Noise
Two additional departures of the intermodal service introduced
From July, the tariff for naval transit through the Turkish Straits will increase by +14.9%.
Istanbul
It will be raised to $6.70 per net tonne
Fincantieri and Republikorp sign agreement to build multipurpose naval vessels in Indonesia.
Paris
The establishment of a joint venture is planned
Study on the divergences between the EU Ship Recycling Regulation and the Hong Kong Convention
Brussels/London
It has been published by ECSA and ICS
The 2026-2028 POT of the Southern Tyrrhenian and Ionian Sea Port Authority has been approved.
Gioia Tauro
Approval also granted to the 2026 budget forecast variation and to the update of the Port's Staffing Plan.
Autonomous Navigation: ABS, Polaris Shipping, HHI, and AVIKUS Sign Agreement
Athens
It will be tested on a VLOC under certain low-risk conditions
Tomorrow in Sant'Agnello (Naples) the inauguration event of the Italy Branch of The Nautical Institute
London
The topics of discussion will include energy transition in the maritime industry, maritime education and training.
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