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14 September 2025 - Year XXIX
Independent journal on economy and transport policy
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FORUM of Shipping
and Logistics


The cruise market in 2005

WITH ONLY FOUR SHIPS AND A TOTAL CAPACITY OF 9,450 BERTHS DELIVERED THIS YEAR, against ten the year before, representing the equivalent of 23,500 berths and an average of thirteen ships and 25,000 berths per year delivered over the three previous years, the cruise companies have been able to consolidate their positions and allow themselves to increase their prices in the face of a demand which is as strong as ever. The industry has therefore been able to return to the price levels of pre-September 2001, and the whole market has been able to gain from this revival, including the 'luxury' segment which has come back into profit. This general improvement of the cruise market 'unless some major external event' should continue through 2006, a year in which only six new ships with a capacity of 16,000 berths are expected to join the fleet.

To illustrate this situation one only has to look at the ever-exceptional annual results of the Carnival Group, which improved its turnover by 14 % at over $ billion and managed to improve its net margin which reached 20.3 %, allowing it to achieve a net result of $ 2.25 billion. This result is all the more remarkable in the face of the strong rise in bunker prices and the succession of hurricanes, which severely affected the tourist season in Florida and the Caribbean during the last quarter.

The close commercial relationship which has been established between the Fincantieri shipyard and the Carnival Group has again been very fruitful this year, since the latter started the year by ordering a new ship for Costa and finished it by announcing a combined order of four ships with an option for a further two, for over $ 2 billion (the order being split half in dollars, half in euros).

Fincantieri finished the year with thirteen cruise ships on order (with two options), spread over three building sites, all destined for the Carnival Group. This certainly augurs well for the privatisation which the shipyard has announced, but such an example of a supplier dependent on a single client is also a very special case.

The world orderbook for cruise ships at the end of 2005 totalled 28 ships for a total of 77,400 berths (compared to 21 ships and 56,000 berths at the end of 2004), or an average capacity by ship of 2,760 passengers (on the basis of two passengers per cabin), an increase of 4 % from last year. Fifteen ships within this orderbook are of post-Panamax dimensions, whereas there were only 9 in 2004.



Eleven new orders were definitely concluded for in 2005, which are broken down as follows:
Six firm orders with two options for the Carnival Group:
  • A third ship of the 'Sphinx' type, 68,500 gt, 1,015 cabins, for Aida Cruises with Meyer Werft at a price of 315 million euros, for delivery in 2008.
  • Another Panamax ship for Holland America Line (HAL), considerably bigger than the previous ones, 86,000 gt and 1,022 cabins (compared to 81,800 gt and 924 cabins for the 4 preceding ones in the 'Zuiderdam' series) for about $ 450 million, for delivery in 2008, to which can be added one option.
  • Two ships of 112,000 gt, 1,502 cabins, of the 'Concordia' type for Costa Crociere with Fincantiere Sestri, respectively at 475 and 485 million euros, for delivery in 2008 and 2009.
  • One ship and an option for Carnival Cruise Line on the basis of a new hull of 130,000 gt and 1,804 cabins, namely the biggest luxury cruise vessel ordered with Fincantieri Monfalcone, at a price of about e560 million, for delivery in 2009.
  • A third unit in the series of the 'Crown Princess', 116,000 gt and 1,557 cabins, for Princess Cruises, at a price close to $ 570 million, for delivery end 2008, also being built at the Monfalcone site.


  • Two firm contracts and one option for Royal Caribbean Cruise Ltd. (RCCL):

  • A third ship in the 'Freedom' series for RCI, 158,000 gt, 1,852 cabins, with Aker Finnyards at Turku, at a price of $ 720 million, for delivery in 2008.
  • A ship in the new 'Challenger' series, for Celebrity, 118,000 gt, 1,452 cabins, ordered with Meyer Werft at a price of $ 641 million, delivery in 2008, with an option for a second ship. A firm order for Norwegian Cruise Line (Star Cruise Group):
  • A third ship in the 'Pride of Hawaii' series, 93,000 gt, 1,188 cabins, ordered with Meyer Werft at a price of '391 million.
  • The owner abandoned the two options that he had negotiated with Aker Finnyards at the end of last year, and has returned to his favourite supplier, Meyer Werft, to order this new ship.

    Two ships firm for Mediterranean Shipping Cruises (MSC):

  • Two post-Panamax units of 133,500 gt, 1,650 cabins ordered with Chantiers de l'Atlantique for around '520 million each.
    These two ships will represent the seventh and eighth ships of the MSC fleet built with Chantiers de l'Atlantique.




  • This orderbook is indicative of the evolution of the size of cruise ships, with owners permanently looking to lower their running costs per passenger by maximising the scale effect. The Panamax dimension is becoming, little by little, a less important reference.

    It should be pointed out that it is fairly difficult to make an exact calculation of the cost price of a cabin, especially given the variation in exchange rates and the provision for supplementary costs, which vary from one ship to another and are integrated in the published prices. However, on average, the price for a post-Panamax ship is somewhere below $ 400,000 per cabin.

    At the beginning of 2006, Chantiers de l'Atlantique, somewhat behind in their plan of new orders compared to their European competitors, announced their sale to Aker Yards, which could therefore offer two sites for the building of post-Panamax ships and become a serious competitor to Fincantieri. For owners in this sector it is one less European supplier: there are now only three. But after all, was it not the owners who took the first step towards consolidation with 85 % of the market split between the three big players in the cruise industry?

    Of the four ships delivered during the course of 2005, two were for the Carnival Group:

  • The first was for P&O Cruises: 'Arcadia', 82,500 gt, 1,952 lowerberths, 984 cabins, delivered in March 2005 by Fincantieri.
  • The second, for Carnival Cruise Line: 'Carnival Liberty', 109,500 gt, 2,974 lower-berths, 1,438 cabins, delivered in July 2005 by Fincantieri.




  • Two others were delivered to Norwegian Cruise Line:

  • 'Pride of America', 81,439 gt, 2,146 lower-berths, 1,073 cabins, delivered in June 2005 by Lloyd Werft. This delivery marked the end of a long saga that has accompanied the building of this ship. It was initially ordered by the American company AMCV (American Classic Voyages) in 1999 with the American shipyard Ingalls under the name of 'Project America'. Bought by NCL in 2002 following the liquidation of AMCV, hit by the full effects of the September 11 2001 events, the unfinished ship was then transferred to Lloyd Werft to be completed. Several months after her official launching, the ship was victim of a major accident in the shipyard caused by a heavy storm. Her delivery planned for August 2004 was again put back. The ship was finally delivered to her owner on June 6th 2005, namely 6 years after the initial order. Her American origin will allow her to carry the national flag and to cruise out of Hawaii to perform cabotage cruises within American waters.
  • 'Norwegian Jewel', 93,502 gt, 1,188 cabins, delivered in August 2005 by the shipyard Meyer Werft. It is currently the biggest Panamax cruise ship ever built. Three sister ships are on order for deliveries due in 2006 and 2007.




  • We should also record the successful lengthening in a very short time of 'Enchantment of the Sea' of RCCL (built in 1997), carried out by the Keppel Verolme shipyard under the technical management of Aker Finnyards. In nine weeks a central section of 22.2 metres was added, allowing to carry a total capacity of 2,252 lower-berths compared to 1,950 previously, with 151 new cabins.

    In the face of growing demand, the second-hand market has been very active during the course of the year with, as a consequence, higher transaction prices than in previous years.

    The Cypriot owner Louis Cruise Line was again very active on the second-hand market with the following deals:

  • 'Triton', 14, 155 gt, built in 1971, 756 lower-berths, bought at an auction following the bankruptcy of Royal Olympic Cruises at a price of $ 9.5 million.
  • 'Aegean 1', 11,560 gt, 576 lowerberths, built in 1973, bought at a price of $ 5.4 million.
  • Sunbird', 37,773 gt, built in 1982, resold for $ 90 million to a Norwegian K/S company and chartered for 10 years to Louis Cruises who has himself sub-chartered her to the tour operator Thomson Holidays. This ship had been bought by Louis Cruises in 2004 from Sun Cruises (My Travel) for $ 71 million.


  • Spain has, once again, been a very active buying and selling market, thanks to its two principal tour operators Viajes Iberojet and Pulmantur:

  • Iberojet sold the 'Grand Latino', 28,400 gt, 755 lower-beds, built in 1972, to Fred Olsen Cruises for about $ 30m. This ship had been bought a year earlier from Star Cruises by Iberojet at a price of $ 20m.
  • Iberojet also lifted its purchase option on the 'Voyager', 24,391 gt, 736 lower-beds, delivered in 2000, that the bank KfW had bought in an auction following the bankruptcy of Royal Olympic Cruises in March 2004, at a price in the order of $ 95 million.
  • Pulmantur acquired 'Pacific Sky', 46,087 gt, 1,184 lower-berths, built in 1984, belonging to Princess Cruises (Carnival Group), for around $ 44 million and, at the end of the year, negotiated the purchase of the 'R Seven', 30,277 gt, 698 lowerberths, delivered in 2000, for a figure close to $ 122 million. Several months earlier, Pulmantur had purchased the 'R Six', 30,300 gt, 698 berths, delivered in 2000, for $ 120 million.
    With this sale, the whole of the ex-Renaissance fleet has now found definite homes, Oceania being the long-term charterer of three of the ships, with purchase options, and Swan Hellenic (Carnival Group) has lifted its option to buy the 'Minerva II' (ex 'R Eight') for a sum of about $ 120 million.


  • Among the significant sales this year, we can also mention the following transactions:

  • 'Asuka', 28,850 gt, 584 lowerberths, built in 1991, through a longterm charter deal with a purchase option for about $ 65 million to a German tour operator, Phoenix Seereisen.

  • This sale allows Crystal Cruises to part with 'Crystal Harmony', which will replace the 'Asuka' on the Japanese market under the name of 'Asuka II' after some transformations.
  • 'Radisson Diamond', the only cruise catamaran, built in 1972, 354 lower-berths, sold at the beginning of the year to the company Asian Cruises based in Macao for around $ 58 million, operated by Radisson up until October 2005 and operated on casino cruises from Hong-Kong under the name 'Omar Star'.
  • 'Berlin', 9,570 gt, 352 lowerberths, built in 1980, sold for about 10 million euros to the Saga group, which has thereby increased its fleet with a third ship.
  • Japanese interests also sold the 'Orient Venus', 21,884 gt, 606 lowerberths, built in 1990, to a group of Greek investors, for a price around $ 20 million, the latter having the intention of refurbishing her and increasing her capacity in order to put her on the charter market.
  • 'World Renaissance', 11,724 gt, built in 1966, 481 lower-berths, sold at auction following the liquidation of Royal Olympia Cruises at a price of $ 3.4 million.
  • 'Odysseus', 9,821 gt, built in 1962, 454 lower-berths, sold also at an auction following the demise of ROC, at a price of $ 2.2 million.
  • The old 'Jason', 4,561 gt, 310 lower-berths, built in 1964, the last ship of the Potamianos family, was bought by the Indian company Ocean Cruises, for a sum of $ 3.2 million, in order to develop cruises in India out of Goa.


  • This year, the European market which, for its part, has continued to grow at a rhythm of 5 % should achieve three million passengers out of a world total of nearly fourteen million. This geographical zone has an important development potential since only 1 % of Europeans have already been on a cruise, compared to 4 % of Americans.

    In addition, as Europe is becoming more and more a popular destination for American clients, American owners in Europe will need to increase their fleet capacity by more than 20 % in 2006.

    On the other hand, the cruise market in the Asian-Pacific zone, with the exception of Australia, has still not been able to take off. For twenty years, now this market beckons, but disappoints owners that have tried to operate there. Nonetheless, 29 million Chinese went abroad in 2004 and this figure, apparently, should surpass the 50 million in 2010, and although the Chinese middle class is growing much faster than in any other region of the world, classic cruising does not seem to be catching on in the western way, except for casino cruises. The main reason for this stagnation seems to be that potential new consumers dream initially of discovering Europe or America, and having very little holiday leave, do not consider cruising 'with its limited range- as a means of transport attractive enough to satisfy their new appetite for discovery.

    All the big operators have their eyes fixed on the Far East in the hope of finding a new source of growth, which may follow the development of the mature western markets. It is however, very likely that it will be quite a few years before Asians turn to this form of tourism in big numbers.

    Shipping and Shipbuilding Markets in 2005

    I N D E X

    ›››File
    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
    SAILING LIST
    Visual Sailing List
    Departure ports
    Arrival ports by:
    - alphabetical order
    - country
    - geographical areas
    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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