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14 September 2025 - Year XXIX
Independent journal on economy and transport policy
01:20 GMT+2
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FORUM of Shipping
and Logistics


  The tendency towards consolidation in this sector, which has been going on for several years, will probably come to an end due to lack of valid candidates, following the merger of two big Texan drilling companies, Global Marine (Houston) and Santa Fe International (Dallas). The entity GlobalSantaFe has given birth to the new number two in the sector, behind TransoceanSedco and in front of Pride International, now number three, following the acquisition of Marine Drilling Co. The new company's headquarters are in Houston and owns 90 drilling platforms working world-wide. These recent mergers will enable the new entities to take major positions in the market and allow exceptional growth prospects with substantial economies of scale on overheads, giving a better evaluation of their share prices on the stock market.

The market of jackup rigs has remained steady with utilisation rates in the North Sea and West Africa over 80 %. It has recently dropped in the Gulf of Mexico down to a level of 67 %, due mainly to a sharp drop in the price of natural gas. In Brazil, utilisation of jackup rigs remained at a level of 100 % throughout the year. South-East Asia also saw very high utilisation rates around 86 %. During the course of the year 2001, the jackup rig market largely contributed to the profits of drilling companies, although a substantial decline in the levels of activity are foreseen for 2002, and the extent will largely depend on the way the North American gas market moves.

The utilisation rate for semi-submersibles has remained high all over during the course of this year, and 43 out of 47 semi-submersibles located in the North Sea are working at the end of 2001. All the modern drilling ships with dynamic positioning, with the exception of some for technical reasons, were employed under contract by the end of 2001.
 

  and FPSO (Floating production storage and offloading vessels) The EPC market, linked to the engineering, construction and installation of necessary structures for oilfield production, witnessed a significant improvement this year. There were a number of noteworthy contracts of impressive technical and financial size, mainly in the Gulf of Mexico and West Africa, such as Shell Nakika (GOM), Chevron Sanah (Angola), Exxon Kizomba A (Angola), Shell Bonga (Nigeria), Conoco Belanak (Indonesia), BP Crazy Horse (GOM). This latter oil field has estimated reserves of one billion barrels situated 125 miles offshore New Orleans, and calls for the construction of production platforms with a unit price of roughly $500 million each, allowing production at depths of 2,000 metres.

Despite a certain number of projects which are experiencing delays in approval, the fundamentals remain strong, given the importance of projects still under offer and the maintaining of very high development budgets. Examples of such projects are: Exxon Erha (Nigeria), ChevronTexaco Agbami (Nigeria), TotalFinaElf Dalia (Angola), BP Plutonio (Angola), and Chevron BBT.

Competition between the main prime contractors becomes fierce as soon as the need of a drydock for the construction of a floating structure comes into play. Access to the right shipyard for constructing and adding components remains a vital aspect for such work, but this situation should ease with the slow-down foreseen in shipbuilding in 2002. There is also the gradual phasing out of the Norwegian EPC contractors with the merger between Kvaerner Oil & Gas and Aker as well as the takeover of Moss Maritime engineering by the Italian Saipem.

On the other hand, the surge of HHI offshore as a key player has been more than ever confirmed.

Credit should be given to the technical success of 'FPSO Girassol' operated by TotalFinaElf, at a depth of 1,400 metres, 200 km off the Angolan coastline. This is the biggest unit of its class currently in service, (300 m x 60 m x 30 m) on which there is 25,000 tons of oil processing equipment on the deck of the barge. It contains accommodation for 140 people and has a storage capacity for two million barrels of crude oil. The FPSO started operating in December 2001 with projected production of 200,000 b/d rising to 300,000 b/d.

The leased FPSO market also saw a sizeable expansion this year. One currently expects up to 40 new units due to come into operation within five years, this figure also includes the units, which will be fully owned and operated by oil companies, bringing a total of some 110 units throughout the world by the end of 2005. There are today 68 FPSOs operating of which 33 are on long-term hire to operators. West Africa and Brazil remain the two main markets for this type of business.

The year 2001 saw a record number of contracts awarded, which confirmed SBM's leading position. Among the main contracts, there were two generic FPSOs for Exxon (SBM), the replacement of the 'P36' platform in Brazil by a leased FPSO, similar to 'FPSO Espadarte', the 'FPSO Doba' for Enterprise Oil Brazil (Modec), Soekor, Sable Field (Bluewater), the very big FSO for Exxon Chad/Cameroon (Modec), and the newbuilding FPSO for TotalFinaElf in Libya (Exmar Offshore). In West Africa and Brazil the standard size is two million barrels.

The main changes in this sector saw the acquisition of the Singapore Nortrans by the Norwegian specialist in drilling and furnishing platforms, Prosafe, as well as the acquisition of two FPSOs, 'Berge Hugin' and 'Navion Munin' by the Dutch contractor Bluewater. The latter now holds a dominant position in the North Sea.

At the start of an era of heavy conversions for such projects, the main shipyards in Singapore have largely confirmed their predominant position in this sector.
 

The Internet boom and the correlated extraordinary expansion of telecom which came to a head in 2000, led to orders being placed for a number of cable layers and underwater telecom system repairing ships. The big companies constructing optical fibre networks then projected a steady increase in international networks. Some cable laying vessels were ordered by owners who previously had no experience in this business. It is the first time since sea laying operations started back in the mid 19th century, that this sector has seen such a deregulation and such an explosion.

In 2001 the bursting of the financial bubble of TMT (Technology, Media, Telecom) companies has led to a reduction in the investment budgets in this sector and a number of underwater optical fibre projects have been abandoned.

Cable laying vessels started being delivered by the construction and conversion shipyards at the end of 2001, but will be arriving on the market in greater numbers in 2002. Their arrival unfortunately comes at the time when the cable laying sector is feeling the pinch. Key players in this area are looking for solutions to overcome this downturn.

It is likely that older cable laying vessels will be progressively dismantled and/or scrapped, and that some units could be transformed so as to make them viable for offshore business, in particular for use as ROVs (Remotely operated vehicle), support vessels. In addition, some construction and conversion projects will be delayed. The main operators have also decided to carry out a drastic cutback in numbers.

In conclusion it should be added that a number of converted or new vessels will be used as maintenance ships on long-term contracts taken up by the operators of these new systems. These contracts concern in particular regions which have been newly equipped such as Africa, the Indian Ocean, and the Asian arc (Japan, China, Singapore), which will give certain units employment and thus ensure a steady revenue over years to come.
 

The offshore and specialised ships markets
in 2001

 
2001 was overall positive for the different sectors of the offshore business. Crude oil prices in fact remained at strong levels for the first three quarters of the year, peaking over $30 per barrel in February and then fluctuating between a range of $23 to $28 until September. The events of September 11 have made the oil market's future less certain and have highlighted and accentuated the economic decline. As a result by the end of 2001, oil price has already considerably dropped. Despite a certain stability around $17 / 18 per barrel, there is nonetheless a drop in world energy demand and the global economic situation is fragile.

With average oil price levels remaining on balance high, this has encouraged putting into place large exploration and production budgets, focusing mainly on the enhancement of oil and gas offshore fields in deep waters. Technical innovations now allow seismic and geological studies to be carried out at depths in excess of 6,000 metres at sea.

It is most unlikely that oil companies will suddenly curtail deep offshore exploration and production. These fields are to be found generally by definition far from the coastline and also outside traditional land-based production zones (Middle East, CIS, Central America), which puts them outside the risks of conflict which have unfortunately traditionally prevailed in these regions, and also outside the risks of land-based storage.


Support vessels: PSV (Platform supply vessels) and AHTS (Anchor handling tug supply)
The trend to develop oil and gas production in deep waters continues to influence the key players in this industry who foresee a sizeable increase in the offshore contracting services. It is accepted that production in depths over 500 metres will significantly increase due to field developments off Brazil, West Africa, and in the Gulf of Mexico. At the beginning of the year, several offshore shipowners started to modernise their fleet by ordering large units capable of operating in deep waters. Edison Chouest ordered the world's largest AHTS: 347 feet long, 72 feet wide, 6,500 dwt. Tidewater also contracted with two shipbuilders in the Far East to build eight ships. This owner has under construction four AHTS of 84 m with a power of a minimum 20,000 bhp and two platform supply ships are due for delivery between December 2001 and January 2003. Tidewater has announced a fleet modernisation with the acquisition of 20 newbuilding units.

In addition, Rolls-Royce Marine has reinforced its position as a leader in the area of naval architecture, engineering and associated equipment for supply vessels, emphasising the success of its UT designs in the current market. The Norwegian Aker Brattvaag for example, part of the Aker shipbuilding group, has signed building contracts for 21 vessels, mostly UT designs, of which 14 were ordered by the shipowner Gulf Offshore as part of the renewal of its fleet.


 
Luiana Luiana 
UT755L type, blt 2001 by Orskov, owned by Sonasurf
The success of the UT 755 design has led to 25 orders in a number of shipyards. This PSV of about 70 m in length, 5,500 bhp, and DP2 has become the ship of reference for anyone wanting to renew their fleet, outside the North Sea, due to its versatility.

Swire Pacific Offshore, Singapore, after ordering four AHTS in Norway in 2000, has placed an order with the Korean INP for four AHTS UT 738 of 10,000 bhp, 16 knots, 130 tons bollard-pull capacity, for a total cost of $73.2 million.
 

Luegi Luegi 
2 x 2,758 bhp, blt 2001 by Damen Shipyards, owned by Sonasurf
Bourbon Maritime, the new entity combining all the maritime activities of the Bourbon group and controlling 100% of Surf, has intentions for the latter to become a key player in the deep offshore sector. Since March 2001, Bourbon Maritime holds 50 % of the Brazilian shipowner Delba Maritime. This new entity has signed three long-term time charters with Petrobras for three AHTS of UT 722 class. These ships will be built in the Brazilian shipyard of Fels Setal. Surf has also ordered a ship for multipurpose works, class VS 4501 named 'Athena' with Keppel shipyard in Singapore. This ship, 86,30 m long and 20 m wide, capable of accommodating 82 people on board, fitted with a helideck pad and a crane with a 100 tons lift capacity, will work on a long-term contract on offshore oil production with TotalFinaElf Congo. It will be Surf's 'flagship'. In addition, the joint venture Sonasurf (Sonangol, Surf) won the ExxonMobil Angola tender, comprising 12 ships on long-term charter, namely the entire maritime logistics for the Block 15 field. Together with Eidesvik, Surf has also ordered two PSV of the VS 470 class in Norway.

The market is watching out for the first signs of a drop in the utilisation levels and charter rates, which might occur with a number of newbuildings due to be delivered. This is not the case for the moment, outside the Gulf of Mexico, and in particular PSVs continue to be much sought-after and their rates remain high.
 

North Sea supply rates
 

Drilling

jackups utilsation rates

 

semi-submersibles utilisation rates
 

The market for building mobile drilling rigs (with eight firm contracts) saw orders confirmed by SantaFe Drilling in Singapore for two jackup rigs and two semi-submersibles, and also Maersk Drilling declaring an option with Hyundai for a second jackup. These two units will be the two largest in the world with legs of 205 metres, allowing drilling in regions like the North Sea in depths of over 150 metres. The order by Atwood with Keppel Fels, Singapore, for a large jackup of Mod V class, should be noted, as well as the Rowan Drilling order in its own shipyard at Vicksburg for a jackup of Tarzan 250 class and that of Maersk Drilling for a semi-submersible with a new design, DSS class 20, which will be assembled by Keppel Fels Singapore in Azerbaidjan, and which has already been fixed for three years with ExxonMobil. The discoveries and drillings for developing numerous deep water reserves such as those cited above, will continue to support the overall demand for semi-submersibles, as well as for drilling ships with dynamic positioning navigation such as 'Pride Africa' and 'Pride Angola', ships of IHC Gusto 10,000 class having acquired a reputation for reliability.
 
Construction and underwater work
This sector of the offshore market has continued to consolidate itself. Technip and Coflexip have come together, the latter having earlier acquired the deep water department, Aker Deepwater of the Norwegian Aker, which holds amongst others the licences for constructing of Spar platforms. The new company Technip-Coflexip has resulted in the creation of the fifth largest oil service group in the world, controlling the full range of activities from upstream to downstream. This new entity employs 18,000 people and has achieved a pro-forma turnover of 4.5 billion euros in 2000.

The new venture between the American Halliburton and the Norwegian DSND should also be mentioned since it contributes to expand Halliburton's services in the scope of underwater work sector.

The pipe-laying and underwater construction markets should grow by 60 % in the next five years under the assumption of a steady rise in demand for offshore oil and gas. However we should not forget that the offshore industry is intrinsically cyclical, due to the effect of the price fluctuations for oil and gas, and the variable lifecycles of investments, depending on specific regions in the world. The development of pipe-laying at over 500 metres depth at sea calls for highly sophisticated pipe-laying vessels which could lead to an increased competition in this specialised market, nevertheless, the mere fact of having the right ship may give a substantial advantage to the extent that the main operators then have construction projects technically in place ready to be executed. Anyhow, in most cases, subsea contractors had or will have to order such kind of modern asset on a speculative basis. In this respect, Dutch contractor Heeremac, has committed more than $160 million this year to the up-grading of its laying and lifting platform 'Balder'. We can reasonably assume that large vessels capable of operating world-wide will take advantage of the fluctuations in the oil and gas prices, and seek employment in the most advantageous regions.


Dunkirk floating dock Floating dock - 16,000 t lifting capacity, sold by Flender Werft to Dunkirk Port Authority
EPC (Engineering, procurement, contracting)
Cable laying vessels
cable layer Lodbrog Lodbrog 
redelivered by Remontowa, to ASN Marine A/S after an extensive conversion work from a former roro vessel into a cable layer

* * *

Concerning BRS, and in line with the maxim frequently used by our American friends to "think positively", we advise our readers, who are not yet informed, that we have opened in May 2001 an office in Houston (Texas), specialising in the offshore sector and run by Americans: Mr. Dave Weinhoffer (director), assisted by Mr. Jon Thielemann and Mrs. Rola El Zoor. We trust that the European "savoir-faire" and the French touch in the field of shipbroking, linked to the skills of American management, will allow us to serve the best interests of our American and international clients.
 



Shipping and Shipbuilding Markets in 2001

I N D E X

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FROM THE HOME PAGE
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
Companies inform
Accelleron and Geislinger: An Evolving Technical Collaboration
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
COSCO Shipping Holdings Group's revenues fell by -3.4% in the second quarter of 2025.
COSCO Shipping Holdings Group's revenues fell by -3.4% in the second quarter of 2025.
Shanghai
Sharp decline in economic performance in the trans-Pacific and Asia-Europe markets
For Federlogistica, the bridge over the Strait of Messina will have the miraculous power to gradually eliminate a framework of social injustices.
For Federlogistica, the bridge over the Strait of Messina will have the miraculous power to gradually eliminate a framework of social injustices.
Genoa
Falteri: it can become the artery of an economic and social body that has been underdeveloped to date
SBB CFF FFS Cargo's half-year performance was negative.
Bern
The Swiss company announced a drop in volumes in both domestic and transit traffic.
COSCO Shipping Ports reports record quarterly revenue
Hong Kong
In the April-June period, net profit was 122.4 million dollars (+32.4%)
Cargo traffic at Chinese seaports hit a new record high in July
Cargo traffic at Chinese seaports hit a new record high in July
Beijing
Foreign traffic amounted to 427.6 million tonnes (+6.1%)
South Korea's HD Hyundai Heavy Industries Co. and HD Hyundai Mipo Co. to merge
Seoul
The completion of the operation is expected for next December 1st.
Filt Cgil, priority should be given to valorizing AdSP workers rather than assigning positions
Rome
The union denounces the failure to comply with the National Collective Labour Agreement
In the second quarter of this year, freight traffic in the port of Venice grew by +4.1%
Venice
There were 228 thousand cruise passengers (+12.8%)
COSCO Shipping International's revenues increased by 10.3% in the first half of the year.
Hong Kong
Net profit was HK$494.6 million (+26.0%)
G20 nations' merchandise trade showed modest growth in the second quarter
Geneva
The increase in trade in services was more pronounced
South Korea's HD Hyundai announces multibillion-dollar investment program to revitalize the U.S. shipbuilding industry.
South Korea's HD Hyundai announces multibillion-dollar investment program to revitalize the U.S. shipbuilding industry.
Seongnam
Agreements with the US investment firm Cerberus Capital and the Korea Development Bank
MSC World Europa cruise ship crashes off the coast of Ponza
Rome
The Coast Guard reports that the situation on board, where there are 8,585 people, is calm and under control.
MSC World Europa has resumed autonomous sailing
Rome
Electrical problem solved, the cruise ship is headed for the port of Naples
PostEurop warns that from August 29, shipments of goods to the USA could be limited or suspended
Brussels
Last month, Trump eliminated tariff exemptions for low-cost goods.
Chinese oil company OOIL sees growth in its half-year financial results.
Hong Kong
In the first six months of this year, revenues increased by +5.0%
Premier Alliance to split Mediterranean Pendulum 2 service next month
Seoul/Singapore/Keelung
Investment firm CVC Capital Partners exits Boluda Maritime Terminals and TTI Algeciras
Schiphol
The two terminal companies manage a total of nine Spanish port terminals
ZIM's quarterly economic and operating performance declines
ZIM's quarterly economic and operating performance declines
Haifa
In the period April-June the average value of freight rates fell by -11.6%
Interferry's Entry/Exit System risks delaying ferry operations at European ports.
Victoria
The system will come into force on October 12th
DFDS closes second quarter with a loss
Copenhagen
In the period April-June 2025 the fleet transported 10.6 million linear meters of rolling stock (-0.4%)
Ammonia and methanol are ready to decarbonize shipping, but some obstacles to their use must be removed.
New record quarterly results for the American cruise group Viking
New record quarterly results for the American cruise group Viking
Los Angeles
The April-June period closed with a net profit of 439.2 million dollars (+182.2%)
Container traffic in the port of Barcelona grew by 1.8% last month.
Barcelona
202,321 TEUs handled at loading and unloading (+10.4%) and 142,492 TEUs in transit (-8.3%)
In the second quarter of 2025, freight traffic in the Port of Hamburg grew by +4%
In the second quarter of 2025, freight traffic in the Port of Hamburg grew by +4%
Hamburg
Sharp increase in transshipment container volumes (+26%)
Norway's Xeneta has bought Denmark's eeSea
Oslo
Both companies provide data and information for the optimization of containerized maritime transport
In the April-June quarter, freight traffic in Tunisian ports decreased by -3.8%
La Goulette
In the first six months of 2025, 13.8 million tonnes were handled (-3.2%)
Port of Koper sets new quarterly records for containers and rolling stock
Ljubljana
In the period April-June, 5.6 million tons of goods were moved (-4.1%)
Port of Los Angeles hits record monthly container traffic
Los Angeles
Over one million TEUs were handled in July (+8.5%)
Hapag-Lloyd reports second quarter increases of +2.0% in revenues and +12.4% in containers transported by the fleet
Hapag-Lloyd reports second quarter increases of +2.0% in revenues and +12.4% in containers transported by the fleet
Hamburg
Net profit fell by -39.4%
Evergreen reports an 18.7% drop in quarterly revenues
Taipei
The April-June period closed with a net profit decrease of -62.9%
South Korean company HMM's revenues fell by 1.5% in the second quarter.
Seoul
Trump announces rejection of IMO's shipping decarbonization program
Washington
The proposed framework - it is denounced - is in effect a global carbon tax that affects Americans and is imposed by an irresponsible United Nations organization.
Taiwanese companies Yang Ming and Wan Hai Lines reported negative results in the second quarter.
Taiwanese companies Yang Ming and Wan Hai Lines reported negative results in the second quarter.
Keelung/Taipei
In the period April-June, revenues decreased by -26.5% and -8.7% respectively
Cruise traffic at Global Ports Holding terminals grew by 6.0% in the second quarter
Istanbul
In the first six months of 2025, an increase of +16.7% was recorded
In the period April-June, cargo traffic in Croatian ports decreased by -4.0%
Zagreb
Cruise passengers grow by +5.4%
Container traffic at US ports is expected to plummet in the second half of this year.
Washington/Long Beach
In July, the Port of Long Beach handled 944,000 TEUs (+7.0%)
ThyssenKrupp shareholders approve spin-off of ThyssenKrupp Marine Systems
Eat
The company will be listed on the Frankfurt Stock Exchange
WTO: Measured responses have cushioned the impact of tariffs in 2025, but risks remain high for 2026.
WTO: Measured responses have cushioned the impact of tariffs in 2025, but risks remain high for 2026.
Geneva
Global trade in goods is expected to grow by 0.9% this year
Hupac will increase the number of weekly rotations between Busto Arsizio and Basel from five to eight
Noise
Increase in attendance from September 1st
From January 1st, new bunkering regulations will apply in the ports of Rotterdam and Antwerp.
Rotterdam
The barges must be equipped with flow meters
Maersk reports higher quarterly revenue, lower earnings
Maersk reports higher quarterly revenue, lower earnings
Copenhagen
Terminals and logistics have made a positive contribution. Container shipping benefits from demurrage revenues.
The CIPESS has approved the final project for the bridge over the Strait of Messina.
Rome
Construction will begin this year and the project will be completed in 2032.
DHL Group revenues fell by 3.9% in the second quarter
DHL Group revenues fell by 3.9% in the second quarter
Bonn
Significant reduction in shipments from China and Hong Kong to the US due to Trump's abolition of the de minimis regime
The Grendi group has acquired 70% of Dario Perioli Spa
The Grendi group has acquired 70% of Dario Perioli Spa
Milan
The remaining 30% will remain with Fingiro, owned by Michele Giromini, the company's CEO.
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
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In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
In the second quarter, sales of dry containers produced by CIMC fell by -33%.
Hong Kong
Reefer boats increase by 57%
The Grimaldi Group has taken delivery of the Grande Shanghai
Naples
It will be used for the transport of vehicles between East Asia and Northern Europe
The ART urges to verify that the investment plan and the related amortization period are consistent with the duration of the port concessions.
Turin
Chinese automaker FAW ships components to Europe by train
Changchun
Transit time reduced to 18 days compared to 45 days for maritime transport
The assets and fleet of the Spanish Armas Trasmediterránea will be sold to Baleària and DFDS
Las Palmas/Dénia/Copenhagen
Two agreements worth €215 million and €40 million respectively have been signed.
Italian State Railways (FS), investing €70 million to install the ERTMS system.
Rome
Work has been completed on 382 Trenitalia trains, while the retrofitting of 60 locomotives from Mercitalia Rail, an FS Logistix company, is underway.
MPC Container Ships' quarterly revenue returns to growth
The second quarter of 2025 was closed with a net profit of 78.1 million dollars (+20.5%)
Plans to build two container customs areas north and south of the Suez Canal
Cairo
Fourteen of the 48 abandoned shipwrecks in Catania port have been removed.
Catania
The activity will be replicated in the port of Augusta
The Regional Administrative Court (TAR) has confirmed the validity of the tender for the new Ravano Terminal in the port of La Spezia.
La Spezia
DP World's port terminals handled record quarterly container traffic
Dubai
Revenues grew by 22.2% in the first half of 2025
In the quarter April-June the volume of rolling stock transported by Höegh Autoliners increased by +9.0%
Oslo
Sharp increase (+46.6%) of vehicles from Asia
South Korea's HD Korea Shipbuilding & Offshore Engineering acquires Vietnam's Doosan Enerbility
Seongnam
It manages an industrial area with its own port facility
Container traffic in the port of Algeciras grew by 6.6% in July
Algeciras
In the first seven months of 2025, a decrease of -2.9% was recorded
In July, the port of Valencia handled 488,000 containers (+6.7%)
Valencia
Increase driven by growth in empty containers
Salvini has appointed Annalisa Tardino as extraordinary commissioner of the Western Sicilian Sea Port Authority.
Rome/Palermo
The President of the Sicilian Region announces the appeal against the provision
The materials dredged in the ports of La Spezia and Carrara will be used for the construction of the new breakwater in Genoa.
Genoa/La Spezia
Agreement between the two Ligurian Port System Authorities
X-Press Feeders denounces authorities' failure to acknowledge responsibility in the X-Press Pearl accident
Singapore
According to the company, the Supreme Court ruling ignores international maritime law
Container traffic in the port of Hong Kong decreased by -6.5% in July
Hong Kong
A decline of -3.7% was recorded in the first seven months of 2025
Cargo traffic in Russian ports remained stable in July
St. Petersburg
In the first seven months of 2025, loads decreased by -4.6%
In July, the Port of Singapore set a new all-time record for monthly container traffic with 3.9 million TEUs.
Singapore
In terms of weight, containerized cargo decreased by -3.6%
Compensation to be paid by the Civitavecchia Port Authority in the Fincosit case has been set at €1.5 million.
Civitavecchia
Latrofa: The ruling allows the release of set-aside sums that have frozen the budget for years.
Germany's HHLA posts record quarterly revenue
Hamburg
In the second quarter, the group's port terminals handled 3.2 million containers (+7.9%)
In the first half of 2025, CK Hutchison's port terminals handled 44 million containers (+4.0%)
Hong Kong
In the quarter April-June the Wallenius Wilhelmsen fleet transported 14.8 million cubic meters of rolling stock (-0.5%)
Lysaker
Revenues down by -0.7%
In the second quarter, Montenegro's ports handled 670 thousand tons of goods (+0.6%)
Podgorica
Volumes with Italy amounted to 154 thousand tons (+53.1%)
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
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
With the arrival of the first container ship, the testing of operational procedures at the Rijeka Gateway begins.
The Hague
The first commercial ship is expected on September 12th
A proposal to bring the port of Taranto back onto global container routes? Start a discussion table.
Taranto
Meeting on the status of freight traffic
Port of Ancona: Tender for demolition of fire-damaged Tubimar warehouses
Ancona
The expected duration of the works is four and a half months
Merger of the German MACS and Hugo Stinnes, both active in the MPP vessel segment
Hamburg/Rostock
Stinnes headquarters in Rostock to close by December 31
In the second quarter, freight traffic in Albanian ports grew by +2.9%
Tirana
There were 331 thousand passengers (+13.6%)
A.SPE.DO, operationalizing the Smart Terminal to increase the competitiveness of the port of La Spezia.
La Spezia
ING loans to Premuda for over 100 million dollars
Milan
Funds for the management buyout and the purchase of two product tankers
Sallaum Lines has taken delivery of the first of six Ocean-class dual-fuel PCTCs
Rotterdam
The ship was completed four months ahead of schedule
First meeting of the new Management Committee of the Western Ligurian Sea Port Authority
Genoa
Several measures approved, including those for CULMV and CULP staff
Euroports to operate a new liquid bulk terminal in the French port of Port-La Nouvelle
Beveren-Kruibeke-Zwijndrecht
It is expected to become operational in 2026
In the second quarter, freight traffic in the port of Ravenna increased by +2.6%
Ravenna
Growth of 0.6% was recorded in June. An increase of 4.8% is expected in July.
OsserMare presents five reports on the marine economy
Rome
They focus on a specific sector supply chain or aspect of it
Port of Naples: Road haulage operations resume
Naples
Resolution meeting between institutions, operators and trade associations
ICTSI again reports record quarterly financial and operating results
Manila
Global Ship Lease Reports Record Quarterly Revenue
Athens
In the April-June period, net profit was 95.4 million dollars (+8.4%)
Vard receives new order from North Star for two hybrid SOVs
Trieste
Contract worth between 100 and 200 million euros
The Panama Shipping Registry will no longer accept the registration of oil tankers and bulk carriers over 15 years old.
Panama
Measure to counter the use of the shadow fleet
Danaos Corporation reports record quarterly revenue
Athens
The April-June period closed with a net profit of 130.9 million (-7.3%)
New customs fast corridor between the port of La Spezia and Interporto Padova
Padua
It adds to the other three already active on the same route
ICTSI to operate Indonesia's Batu Ampar Container Terminal
Manila
It is located on Batam Island
Pino Musolino has been appointed CEO of the Alilauro shipping company.
Naples
He replaces the resigning Eliseo Cuccaro
In the second quarter, DIS' time charter revenues fell by -37.1%.
Luxembourg
Net income was $19.6 million (-70.5%)
Wista Italy denounces the exclusion of women from the nominations of port authority presidents.
Milan
Musso: The glass ceiling that prevents women from accessing leadership roles remains.
Austrian Rail Cargo Group is focusing on the development of the Sommacampagna-Sona intermodal terminal.
Vienna
Ten-year agreement
In the second quarter, maritime traffic in the Bosphorus Strait decreased by -6.0%
Ankara
18.1% decline in ships over 200 metres in length
Fifty kilos of cocaine seized at the port of Civitavecchia
Rome
They were hidden inside a reefer container arriving from Ecuador
Trump has eliminated tariff exemptions for low-cost goods for all nations.
Washington
Goods with a value of less than $800 will also be subject to the tax.
Viking Mira was launched at Fincantieri's Ancona shipyard
Trieste
The multi-role frigate "Emilio Bianchi" was delivered to the Muggiano shipyard
The Port Authority of the Central-Northern Adriatic Sea has obtained EMAS registration
Ravenna
Certifies commitment to environmental management and sustainability
MSC Cruises reduces emissions with the support of an energy transition plan
Geneva
The 2024 Sustainability Report has been presented
DSV reports strong growth in financial and operating results thanks to the acquisition of Schenker
Hedehusene
Quarterly record in air and ocean shipment volumes
In 2024, the Fratelli Cosulich group's revenues increased by +12.8%
Genoa
Operating result down by -31.7%
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