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Independent journal on economy and transport policy
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BRIEFS
May 15, 2009
The Business Timesweb site
Shipping News
  • Mercator '09 profit rises 45% to US$75.8m
    Indian-owned dry bulk shipping company Mercator Lines (Singapore) had a stellar year, posting a 45 per cent rise in full-year FY2009 net profit to US$75.8 million on a 27 per cent increase in revenue to US$186.1 million as both vessel day rates and operating days rose over the full-year period.
  • NOL container unit to serve Vietnam
    Neptune Orient Lines container unit APL yesterday took a punt on the relatively still buoyant Vietnamese economy with the launch of a new weekly direct container shipping service linking Vietnam and the West Coast of North America.
  • Kaohsiung port sees signs of export slump bottoming out
    Taiwan's major international port is seeing signs that an export slump is near bottom, with a plunge in container traffic tapering off and workers in this industrial city taking less unpaid leave.

Sched Netweb site
  • Dyrbye new Safmarine CEO, Heesom-Green becomes Maersk's Africa chief
  • Singapore boxes down 17.6pc in April and off 5pc from March
  • Cosco abandons Evergreen's Far East-Mideast loop
  • IMO holds Hong Kong conference on ship scrap yard rules
  • Toll to buy China Merchants' Shenzhen logistics firm
  • Panama Canal tie-up station allows an extra transit a day
  • Kaohsiung port box volume surges thanks to cross-strait direct shipping
  • NY, NJ ports see Q1 volumes decline a record 17.4pc
  • CAI delivers weaker results for box leasing on lower utilisation
  • DP World forms JV with Flinders Ports to operate Adelaide CT
  • DP World equity infusion expected in PE share sale
  • Bipartisan US tariff bill revived over RMB value and dumping
  • Poland's DCT Gdansk shows off heavylift capabilities
  • 3L-Leemark opens new Turkey office
  • Nippon Express plunges, but 2009 looks better after fine paid
  • Tennessee's Tri-Cities air cargo down 95pc after DHL pullout
  • Aloha Air Cargo celebrates first year at new Kahului facility
  • Mercury Air Cargo launches cargo handling arm

Exim Indiaweb site
  • Far Shipping (India) launched
  • Baltic Dry Index posts biggest weekly gain in 3 months
  • VSAA takes initiative to hold shipping & logistics awards function
  • 29 pc drop seen in India-China trade
  • Import surge sinks steel prices
  • Nafed buying onions to hold prices
  • Cochin Port users urge unions to end stir
  • Gujarat maritime police to get bullet-proof vessel
  • Ficci presents Budgetary formula to give growth an impetus
  • Re. firms up vis-'-vis $
  • Fieo spots economic recovery signs amidst production dips
  • IMC's handbook on handloom textiles standards released
  • PM confers with economists on dismal IIP show
  • Planners get on with their task

International Transport Journalweb site
MAY 13, 2009
  • Toll invests in China
    The Toll Group has agreed to acquire full ownership of Shenzhen (China)-based ST-Anda Logistics. The company has reached agreement with the China Merchants Group to acqui...
  • Menlo gets new contract in Mexico
    Menlo Worldwide Logistics has been selected by Dana M'xico Corporacion S. de R.L. de C.V., the Mexico-based operation of the automotive industry supplier Dana Holding Cor...
  • SIL Barcelona: Pre-Register for free without waiting in line
    Attending the SIL Barcelona is easier than ever before, as you can pre-register for free without waiting in line. The organization of SIL and ITJ Logistics Worldwide invi...
  • Peter Gerber to succeed Roland Busch at Lufthansa Cargo
    Peter Gerber has been nominated for a seat on the executive board of Lufthansa Cargo by the steering committee of the company's supervisory board, with effect from 1 June. As the b...

Maritime Global Netweb site
MAY 14, 2009
  • Intertanko spells out greenhouse gas goals
  • Rieber posts Q1 loss
  • Chemoil profit soars
  • ISF launches careers DVD

Marine Logweb site
MAY 14, 2009
  • GAO: Navy programs ignore commercial yards' best practices
  • Navy budget faces rough ride
  • ASA honors Senator Jack Reed
  • Crowley Maritime makes changes
  • Navy seizes pirate mother ship
  • Massive job cuts at Wärtsilä

World Wide Shipperweb site
MAY 14, 2009
  • Senator Murray nets funding for Columbia channel project
  • Crowley making changes to management structure
  • Fred Potter named head of Teamsters' Port Division
  • Port of Portland honored for safety/health achievements
  • Lloyds List taps Leander as new editor-in-chief

Lloyd's Listweb site
MAY 14, 2009
  • Climate protesters train their sights on shipping
    LOBBY groups target International Chamber of Shipping in series of events in run-up to Copenhagen.
  • Intertanko says emission scheme must be industry specific
  • End looms for some KG funds, says Hansa board member
    Lack of investors could wipe out weaker funds but KG model secure.
  • Ship Finance delays boxships as net income falls 33%
    COMPANY delays delivery and payment of five newbuilds as net income slides.

Fairplayweb site
MAY 14, 2009
  • US shipping execs jailed
    FOUR FORMER Jones Act box trade executives have been sentenced to lengthy prison terms, a Justice Department spokesperson confirmed to Fairplay today
  • MCA boss Cardy under fire
    MANAGEMENT of the Maritime and Coastguard Agency in the UK came under fire today as there were calls for immediate improvements within the organisation
  • Officers union opposes ship guns
    MEMBERS of the new Anglo-Dutch maritime professionals union Nautilus International have been strongly advised not to carry weapons on board ship for defence against piracy
  • Hansa Treuhand sees no funding gap
    GERMAN box ship owner Hansa Treuhand is not expecting any liquidity shortages among its 84 vessels this year
  • Knightsbridge suspends dividend
    KNIGHTSBRIDGE Tankers will not pay its quarterly dividend, in an effort to conserve cash for its foray into the drybulk sector
  • Singapore throughput slumps again
    BOX volumes have continued their downward spiral in the world's busiest container port of Singapore
  • NCL returns to profit
    NORWEGIAN Cruise Line returned to profitability in its first quarter, after suffering huge losses last year

The Journal of Commerceweb site
MAY 14, 2009
  • Congress Gives FMC '+' Grade
  • Fredriksen Fails to Oust TUI Board Members
  • Truckers Sue Minnesota Troopers
  • APL to Launch Vietnam ' U.S. Service
  • Deflation Picks Up Speed
  • Sri Lanka Extends Bidding for Terminal
  • Jet Fuel Consumption Slides
  • AeroLogic Takes Delivery of First Freighter
  • Recession Hits Great Lakes Hard
  • Rails Jolted by May Slump
  • Senate Bill Cuts Highway Money
  • Lawmakers Introduce Currency Reform Bill
  • China Shipping Eyes Second Half Gains
  • Express-1 Takes Profit Hit
  • Nippon Cargo Resumes NY Flights
  • Japanese Airline Cargo Nosedives in March
  • CEO of YRC Logistics to Leave Company
  • Eimskip Sells Containerships Stake

Containerisation Internationalweb site
MAY 14, 2009
  • ICG's shortsea box volumes plunge by a third
  • 500 newbuilds cancelled in downturn
  • Zim to pay USD29 million in shipyard cancellation fees
  • TUI staves off another attack from Fredriksen
  • Eimskip sells up at Containerships, at a loss

TradeWindsweb site
MAY 14, 2009
  • NCL logs a profit
    Norwegian Cruise Line returns to profit in first quarter as bookings look strong.
  • Mothership caught
    South Korean and US forces respond to distress call from Egyptian panamax bulker and detain 17 suspected pirates.
  • 11 vessels lost
    Tidewater execs say Venezuela's Pdvsa has taken over 11 offshore vessels, with crew, and a shore base.
  • Merrill man moves
    Top investment banker Mark Friedman to become new head of shipping at boutique New York bank Evercore.
  • Aegean profits dip
    Peter Georgiopoulos-led bunker supplier misses Wall Street expectations as it ratchets back sales to avoid counterparty risk.
  • SFI postpones
    John Fredriksen-controlled shipowner reports worse-than-expected profits and reveals postponement of five boxship newbuildings.
  • IEA cuts forecast
    Oil demand outlook for 2009 falls by 200,000 barrels per day as fundamentals continue to look weak.
  • Wilson worried
    Norwegian mini-bulker player starts talks with banks to avoid covenant breaches at the end of June.
  • Torm two sold
    Danish shipowner pockets $15.4m following sale of panamax bulker brace.
  • Divi gassed
    Harry Vafias' StealthGas drops shareholder payouts amid bleak outlook as results beat estimates.
  • That's your lot
    Knightsbridge calls a halt to dividends after 36 unbroken quarters due to newbuild finance uncertainty.
  • Offshore gloom
    Farstad Shipping, headed by Karl-Johan Bakken, says newbuilding cancellations won't save the market as it posts strong first quarter.
  • Reefer refloated
    Norwegian vessel Framnes pulled free near Muuga in Estonia after grounding.
  • Eimskip sells out
    Struggling Icelandic line offloads 65% holding in Finland's Containerships for $31m loss to cut debt.
  • Heavy profit
    Heavy-lift player Dockwise enjoys big earnings jump in first quarter as it gets busy with rig moves.
  • Pirates take crew
    Nigeria's MEND group says it has snatched crew of ship 'Spirit' with second vessel and crew said to have been seized.
  • Safmarine attack
    Pictures show damage to second Safmarine ship in a month to be attacked by Somali pirates.
  • Rieber in red
    Sven Rong-led offshore owner is talking consolidation after seeing first quarter bottom line flattened by weak market.
  • Capacity squeeze
    Simon Stonehouse sees hull rates on the rise as financial crisis bites.
  • CGG misses
    Robert Brunck-led offshore operator's first quarter profit drops as it misses analysts' forecasts.
  • Optimistic Olgas
    Rosgosstrakh marine duo find Greece is a good place to do hull and P&I business.
  • Look-outs rapped
    Complacent watchkeeping on UK cargoship and Egyptian bulker blamed for clash off Kent.
  • Good at being bad
    Veteran broker Hans-Petter Henschien speaks frankly on the good and the bad guys.
  • Hard times
    Cash call pain fails to convince Greeks of merit of national P&I club.
  • Another case?
    Crew member quarantined on Carnival cruiseship in latest swine flu scare.
  • Protection time
    Shipowners cannot fight the pirate threat alone, warns Tsakos manager Charalambos Hajimichael.
  • PSL sells again
    Another elderly handysize bulker leaves Precious Shipping's fleet, this time for $3.05m.
  • No cash calls
    Gard chief Claes Isacson rules out asking members for more despite troubled financial markets.
  • Kansai plunges
    MOL-owned ferry player sees first quarter turn red, but better times are ahead.
  • Still on course
    George Tsavliris sees no signs so far of recession driven upturn in casualties.
  • Eitzen seeks deal
    Norwegian chemical tanker owner still in talks with banks over debt as it cuts first quarter losses.
  • Smit rescued
    Thunderhorse settlement prevents drop in first quarter profit as Smit as recession hurts its salvage and harbour towage units.
  • Athens adieu
    John Tzoannos finds Marine Risk Forum a perfect brainstorming event.
  • Citi down on DSME
    Too many unknowns about ownership, the lack of fresh orders and other issues keep Daewoo a sell.
  • Hurt fades
    Norwegian cruiseferry business Hurtigruten cuts losses in first quarter as its restructuring begins to pay off.
  • Wartsila cuts
    Finnish engine builder cutting 450 of the 1,300 staff at its ship power business due to slowdown.
  • Chemoil prospers
    Singapore-based bunker supplier sees leap in first quarter profits despite declines in sales volumes.
  • Stocks pullback
    US shares take a breather as economic indicators suggest economy not bouncing back as fast as hoped.
  • Mercator minted
    Indian shipowner's Singapore-listed spin-off sees full-year profits up 45%, despite weak fourth quarter.

American Shipperweb site
MAY 14, 2009
  • Shipping executives sentenced to jail time
  • Coast Guard issues security directive
  • APL starts direct Vietnam/WCNA
  • DOT to seek RFPs for $1.5 billion grant program
  • Great Lakes traffic slumps in April
  • U.S. pork exports to Mexico strong before swine scare
  • BSI acquires SCSD, C.I.
  • DHL building Hong Kong center for apparel
  • Long Beach gets go-ahead on Middle Harbor development
  • Potter named head of Teamsters' Port Division

The Scandinavian Shipping Gazetteweb site
  • Maersk Line abandons Göteborg
    Last year, Maersk Line merged several of its business areas and set up a regional office for the whole of Northern Europe with the head office in Göteborg ' now, the
  • Wärtsilä cuts hundreds of jobs
    Wärtsilä is adjusting its Ship Power business to reflect the current market situation by reducing the number of jobs by 400 to 450 persons, of which approximately 80 are in
  • Containerships back to Finland
    Eimskip will sell its shares in Helsinki-based Containerships Ltd Oy to the minority owner Container Finance Ltd Oy. The transaction is a part of the financial restructuring of Eimskip
  • Sweden criticised by NGO
    The NGO platform on shipbreaking accuses the Swedish government of accepting toxic shipbreaking on the beaches of poor countries by giving the green light to the IMO convention on shipbreaking
  • Finnlines to open passenger service to Poland
    Finnlines will start up a service between Helsinki and Gdynia with ro-pax vessels in the Finnstar class. Finnlines recently transferred two of these vessels from Nord' Link's service between

The Bunker Bulletinweb site
MAY 14, 2009
  • $60 oil 'not supported by fundamentals'
    IEA says oil stocks are at 16-year high, demand forecasts revised lower again.
  • Prices in North Europe follow crude down
    Southern Europe bunker prices more mixed.
  • INTERTANKO discusses market-based GHG controls
    Says it 'should be governed by the IMO and be specific for the shipping industry'.
  • Bunker industry prospects are 'pretty tough'
    Global shipping market has seen an 'unprecedented collapse'.
  • Bunker prices fall in most key ports
    Singapore bunker prices fell the most compared to other Asian ports.
  • Singapore residual fuel stocks dip
    Middle distillate inventories rise.
  • More bunker storage needed
    Fuel quality issues 'greatest uncertainty' facing bunker players in Western Mediterranean.
  • Stocks build in East China on low demand
    Bonded bunker fuel oil inventory surge 75% in one week.
  • Chemoil profits surge 283%
    First quarter sales volume, however, was down 23% from a year ago.
  • Aegean Q1 profits down 41%
    Sales volume up by close to a quarter due to higher sales in Greece and Singapore.

›››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.
An Iranian merchant ship was hit in the Strait of Hormuz
Tehran/Southampton
One sailor died and four other crew members were injured.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
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Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
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