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Independent journal on economy and transport policy
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BRIEFS
November 10, 2009
The Business Timesweb site
Shipping News
  • Greece cannot scrap Cosco port deal
    Greece cannot backtrack from a disputed port deal with Chinese transport operator Cosco that has sparked recurring strikes from protesting dockworkers, the Greek economy minister said on Sunday.
  • JFE ship unit needs time to assess merger
    JFE Holdings Inc's shipbuilding unit, Japan's second-largest by output, said plunging demand means it needs more time to assess a planned merger with IHI Corp's operations, 19 months after the tie-up was proposed.
  • Falling rates drive up storage of oil products in ships
    Traders increased the amount of heating oil and jet fuel stored at sea last month as declining freight rates made the transaction more attractive, said Simpson Spence & Young Ltd, the world's second-largest shipbroker.

Sched Netweb site
  • China box volume to fall 7pc in '09 despite September uptick
  • NOL shifts China HQ from costly Shanghai to cheaper Chongqing
  • Hainan port volume up 24.2 pc in the first nine months
  • Yangpu port launches direct service to Vietnam
  • Andersen Shipping enters JV with CF Sharp Malaysia as ASC-Sharp Shipping
  • Panalpina third quarter profit falls to US$4.92 million
  • JB Hunt and Norfolk Southern sign eastern US intermodal deal
  • Singapore director jailed 46 months for exporting US parts to Iran
  • Australia, NZ expected to buy disproportionate number of aircraft: Airbus, Boeing
  • Canada drops forwarder cartel probe for lack of evidence

Exim Indiaweb site
  • Move to close down SCI's liner div. seen detrimental to ex-im trade & economy
  • JBS Family institutes new Centre for promotion of logistics & shipping
  • MAERSK LINE launches Adriatic Levant Express service
  • ...suspends transatlantic string, to raise rates in 2010
  • Grand Alliance, Zim to fold one Far East-US EC loop into another
  • CMA CGM to hike Europe-Asia/Oz rate
  • MSC's Golden Gate Service shifts to Suez from Cape route
  • ...to hike Asia-MidEast rate by $ 100/TEU from Nov. 15
  • Flicker of a flame?
  • WTSA shipping lines to raise US-Asia container rates
  • Israel Corporation shareholders approve ZIM revamp
  • CARGOTEC to supply six Kalmar E-One2 RTGs to Namport in Namibia
  • Horn-Linie to halt reefer/box service
  • Rickmers-Linie & ECL to expand cooperation
  • Bahrain team arrives to meet potential investors
  • Indian companies turn out to be second-largest investors in London!
  • Non-major ports too may come under TAMP jurisdiction
  • Spectacular H1 show by GMB ports
  • Pankaj Kumar is new GMB chief
  • PM invites increased foreign investments, favours more financial reforms
  • Textile exporters scouting for FDI, machinery & markets in Europe
  • Project consultants get busy once again
  • G-20 to continue stimulus packages
  • Seminar on 'Doing business with Iran' at WTC today

International Transport Journalweb site
NOVEMBER 6, 2009
  • New TX Logistik Oslo-Rotterdam intermodal link
    TX Logistik has started a new intermodal link between Oslo and Rotterdam. The intermodal freight forwarders Bring Logistics and Bring Frigoscandia, both 100% subsidiaries of the No...
  • Swiss road toll charges adjusted
    The Swiss customs authority has adjusted road toll charges for foreign vehicles, in a move arising directly from a recent judgement concerning Switzerland's distance-related heavy ...
  • Geodis Wilson appoints vice-president for Asia-Pacific region
    The freight management provider Geodis Wilson has installed Mathieu Renard Biron as regional vice-president for the Asia-Pacific region. He is responsible for spearheadin...
  • Aramex promotes regional specialist to key role
    Aramex, a global logistics solutions provider, has named Tommy Kelly as chief executive officer, Europe. Based at the company's Ballyboughal facility just outside of Dublin (Irelan...
  • Deutsche Post DHL Q3 revenues down
    Deutsche Post DHL, the world's leading mail and logistics service provider, saw its Q3 revenues fall by 18.6% to EUR 11.2 billion. The bottom line was a quarterly loss of EUR 83 mi...
  • Expeditors International Expeditors reports lower net profit
    Expeditors International of Washington Inc, a transport and logistics service provider based in Seattle WA (USA), made a third quarter net profit of USD 57.8 million, down by 33% f...
  • K+N to manage logistics requirements for Parker Drilling
    Parker Drilling, a leading contract drilling and project management solutions provider to the global energy industry, has entered into an agreement with Kuehne + Nagel to manage lo...
  • Alfred Talke Belgium to handle Benelux distribution for IMCD
    The IMCD Group, a leading international marketing, sales and distribution company for speciality chemicals, food and pharmaceutical ingredients, transferred its supply chain activi...
  • Online reservations only at Hupac
    The Swiss multimodal operator Hupac offers two e-booking systems for the reservation of transports to and from its terminals: web booking (also available via the Cesar platform) an...
  • New A330-200 freighter takes to the skies
    Airbus's A330-200F, its new dedicated freighter variant of the successful A330 family, recently took to the skies during a four-hour maiden flight over Toulouse (France). This mile...

Maritime Global Netweb site
NOVEMBER 9, 2009
  • ICS warns on EU's IMO ambitions
  • Katseli unrepentant
  • NOL sets up backroom in western China
  • Nordic American Tanker's 18th vessel
  • Steady result from Bourbon

Marine Logweb site
NOVEMBER 9, 2009
  • Ribbon cutting at Austal USA
  • Kings Point Superintendent steps down
  • Heavy weather delays Oasis arrival
  • Pipavav inks OSV design contract

World Wide Shipperweb site
NOVEMBER 9, 2009
  • Port of Seattle part of team preserving Eastside Rail Corridor
  • Corps schedules closure of large lock in Ballard
  • Gingerbread house contest highlights Bellingham holiday event
  • MarAd gives Ok to deepwater LNG facility
  • Diana Shipping takes delivery of Capesize dry bulk carrier

Lloyd's Listweb site
  • TOP Ships breach loan covenants again
    Tanker and dry bulker owner marginally in the black for the third quarter
  • Shanghai Zhenhua to raise $603m
    Crane maker to issue one-year bills on the interbank market
  • Courage Marine bleak on dry bulk outlook
    Dry bulk owner forecasts more consolidation before a sustained upturn
  • DVB Bank profits crash
    Bank profits fall to 35.5% to €56.9m.

Fairplayweb site
NOVEMBER 9, 2009
  • Cuba signs $150M in investments
    CUBA HAS signed deals worth $150M at an investment fair in capital Havana, IHS Global Insight reported today
  • Beijing to lend $10Bn in Africa
    CHINA is strengthening its position in Africa by reportedly providing of $10Bn in low-cost loans over the next three years for ports and other infrastructure
  • Angola raises oil projection
    ANGOLA is reportedly predicting oil production of up to 3M barrels a day over the next five years, a boost to the tanker sector
  • Far from base, pirates foiled
    PIRATES today attacked a VLCC, in an assault farther from their Somalia bases than ever before staged
  • Higher margin bolsters DVB
    GERMAN shipping and transport bank DVB continues to rake in good profits despite the recession and higher default risk in many shipping segments
  • Maersk seeks TSA reunion
    DENMARK'S Maersk Line said today it has applied to rejoin the Transpacific Stabilisation Agreement after five years outside

The Journal of Commerceweb site
NOVEMBER 9, 2009
  • Gulf Ports Closed from Mississippi to Panama City, Fla.
  • Buffett to Sell Other Rail Holdings
  • Trans-Pacific Group Welcomes Maersk
  • Longshoremen to Vote Nov. 17
  • Air France-KLM Cargo Volume Tumbles
  • Boxes Pile Up in Piraeus
  • UPS to Manage Manheim Vehicle Transport
  • Damco, Partner Offer Amazon Barge Service
  • GE Sends First PowerHaul Locomotives to UK
  • Gulf Coast Braces for Ida
  • Financing Woes Hit Rickmers Trust
  • NOL Month-to-Month Volume, Yield Grow
  • Philly Port Sues to Start Delaware Dredging
  • Maersk to Rejoin TSA

Containerisation Internationalweb site
NOVEMBER 9, 2009
  • Maersk to re-join TSA
  • DHL down but not out
  • Seaspan business plan still watertight
  • Shot stowage in Evergreen box shuts Melbourne box terminal
  • US jobless rate breeches 10%

TradeWindsweb site
NOVEMBER 9, 2009
  • TBS in the red
    TBS International posts $18.1m loss as revenues plunge and puts "current" tag on debt despite ongoing bank talks.
  • Computer glitch
    Sovcomflot corruption trial told that theft of laptop in mysterious burglary pointless as PC had new hard drive.
  • Phase 3 mulled
    Sergio Machado-led Transpetro is reportedly evaluating the potential for a third phase of tanker fleet expansion.
  • Ida shuts Loop
    Louisiana Offshore Oil Port closed to tankers, Mississippi River traffic halted, offshore production shutting down, ahead of weakening storm. Mexico port reopens.
  • Genmar notes sold
    Peter Georgiopoulos' General Maritime sells $300m in senior notes through private placement.
  • Maersk joins TSA
    Maersk Line has reapplied to join Transpacific Stabilization Agreeement in the hope of preventing the industry's woes from getting worse.
  • OSG sued
    Tanker owner faces class action lawsuits over takeover of spin-off OSG America.
  • VLCC hit
    Grenades fired at BW Shipping tanker in 'longest range Somali pirate attack ever'.
  • Message to myself
    Sovcomflot corruption trial told of cars gifted to shipbrokers and how Richard Gale wrote e-mails to himself.
  • FSO nix 'unlikely'
    Overseas Shipholding Group (OSG) doubtful that Maersk Oil will cancel contract for two 442,000-dwt floating units.
  • Sales lift Premuda
    Genoa-based Premuda remains in the black thanks to sales of vessels.
  • Treble trouble
    Rickmers Maritime hit by early charter termination as it postpones newbuilding payments and frets over delivery of two more ships.
  • B+H battered
    A $35m impairment following fleet clear-out sends Michael Hudner-led owner into the red in Q3.
  • Not again
    Korean steel giant Posco will not re-enter race to take over Daewoo Shipbuilding.
  • DVB dented
    Large writedown and slumping revenues send nine-month profit tumbling at German ship financier.
  • Quarter pounder
    Clarksons' CEO Andi Case tucks away '1.6m after slicing his holding in the London-listed shipbroker by over 25%.
  • Another fall
    Suez Canal posts lower revenue for October as vessel transits decrease.
  • In the balance
    Shipping Corp of India under pressure from some directors to pull out of loss-making container business.
  • Solstad stacks two
    Oslo-listed owner lays-up a construction vessel and an anchor handler and warns of severe PSV spot exposure in Q4.
  • Arms ship seized
    UAE-flagged vessel with illegal weapons reportedly snatched by Somali pirates, other ship attacked.
  • Less bulky
    Dry cargoship player Taiwan Navigation suffers big drop in nine-month profit as revenues slide.
  • Rickmers pays out
    Singapore-listed containership owner maintains dividend despite three-pronged financial burden.
  • TEN to NATS
    Is a Tsakos Energy Navigation suezmax is on its way to Nordic American Tanker Shipping?
  • No chocolate coins
    Alan Marsh buys $36,344 in Braemar shares as an early Christmas present to his children.
  • U-Ming chopped
    Taiwan's biggest bulker owner suffers in tough markets as revenue and profit plunges.
  • ICTSI falls
    Third quarter profit down at Philippines ports group, as volumes shrink in downturn.
  • Bourbon better
    French shipowner player sees third quarter revenues inch up on improved offshore activities.
  • Death trap
    Survivor of Princess Ashika ferry sinking gives testimony of terrifying moments leading up to the disaster.
  • Not just yet
    Japan's Universal Shipbuilding needs more time to assess merger with compatriot IHI due to downturn.
  • NATS slumps
    Nordic American Tanker Shipping reports third quarter loss of almost $12m on weak spot market.
  • NATS buys again
    Herbjorn Hansson-led suezmax specialist acquires eighteenth tanker: second purchase in a month.
  • Taiheiyo tumbles
    Japanese tanker and bulker owner slides to a loss of JPY5bn in the first half of the fiscal year.
  • Todd rises
    More federal and state business lifts US shipbuilder's second-quarter profit.
  • Acid leak in Oz
    Toxic spill in container has Melbourne fire crews scrambling to E R Schiffahrt boxship.
  • Reefers heat up
    Japan's Toei Reefer has returned to profit in the first half as costs fell.
  • Tamai turns red
    Japanese bulker owner slips to a loss in the first half on poor charter rates and property market.

American Shipperweb site
NOVEMBER 90, 2009
  • ANALYSIS: Maersk back in TSA fold
  • OOCL to add transatlantic reefer surcharge
  • CLARIFICATION: CMA CGM adds Singapore stop to PEX 3
  • Delta Cargo integrates Northwest operations
  • DB Schenker Rail tweaks structure
  • DHS completes northern border RPM installs
  • Report: APEC nations largely trade with each other
  • Global customs operation hits cash smugglers
  • Damco offers service in western Brazil
  • Tropical affiliate buys Deluxe Freight
  • Philadelphia seeks to intervene in dredging suit
  • Cleveland port chief resigns
  • Hurricane Ida weakens

The Scandinavian Shipping Gazetteweb site
NOVEMBER 9, 2009
  • ABB and Fincantieri cooperate on shore-based electricity
    ABB, a power and automation technology group, and Italian Fincantieri have launched a new joint project, targeting shore-based electricity for ships. The companies will collaborate on the construction, marketing
  • Second Capesize bulk carrier from Odense
    This week, Odense Steel Shipyard will deliver the second Capesize bulk carrier to the Greek shipowner Carras Hellas S.A. The newbuilding, hull no. 224, is named Aquaprincess and will sail

The Bunker Bulletinweb site
NOVEMBER 9, 2009
  • Developing countries propose a bunker levy
    Nigeria and Liberia proposal would cut emissions and finance climate action.
  • Prices begin the week soft in Europe
    Low demand in Rotterdam.
  • Volumes grow at St. Petersburg terminal
    Baltic oil terminal says fuel oil trans-shipments are up.
  • Prices weaken in Fujairah and Durban
    NYMEX showing gains in early trading.
  • Beyens resigns from O.W. Bunker (Belgium)
    Managing director leaving by 'mutual agreement'.
  • Bunker levy plans still unclear
    Senior UN officials say negotiators are undecided how any levy should be introduced.
  • Aegean Star deployed in West Africa
    Company sees good prospects for business in the area following major oil discovery.
  • Bunker recovery rates still weak
    NOL says revenue per FEU is down but volumes are up.
  • Bunker prices weakening
    380 cSt drops over $5 pmt in Singapore.
  • Lukoil expanding Asian fuel oil trading
    Refiner increasingly turning to Asia for its exports.
  • Hong Kong 2009 bunker sales down almost 30%
    Buyers turning to cheaper bunkering alternatives.
  • Aegean Marine readies for $201 million in offerings
    Files a shelf registration to offer and sell a mixture of securities.
  • New guidance on low sulphur fuels
    Germanischer Lloyd says switch to low sulphur fuel could cause engine failures.
  • Brightoil to start in Singapore, Zhoushan this year
    Eyes further expansion in 2010 but expects lower sales this year.
  • Bunkers 'can make the difference between profit or loss'
    Ship executive recommends 50:50 approach in hedging bunker costs.

›››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
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Departure ports
Arrival ports by:
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- geographical areas
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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