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22 March 2026 - Year XXX
Independent journal on economy and transport policy
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BRIEFS
February 2, 1999
Shipping Timesweb site
Shipping News
  • Canadian bank upbeat about ship financing
    Bank of Nova Scotia seizing opportunities for long-term relationships in Asia-Pacific
  • Asian retail sector lacks integrated logistics: APL
  • US shipbuilding to get US$6.6b boost from Navy
  • Indian port officers plan protest
  • Penang port expects trade to rise
  • India's Essar Shipping to build port
Air and Land Transport
  • Greece seeks foreign help to save Olympic Airways
    Govt hopes management company can turn unprofitable carrier around
  • Order to stop forced return of PAL plane lifted
  • TWA pilots union sees need for airline to get partner
  • Protest over airport noise
  • UK airport operator expects EU to extend duty-free shopping
  • Garuda appoints Lufthansa as consultant
  • Indian Airlines hopes for small profit this year
  • DaimlerChrysler lowers Benz A-class sales target for Brazil
Features
  • Japanese brace for the giants
    Carmakers like Toyota scurry to meet the challenge posed by global mergers, either with new partners or cutbacks

Shipping Timesweb site
Shipping News
  • Canadian bank upbeat about ship financing
    Bank of Nova Scotia seizing opportunities for long-term relationships in Asia-Pacific
  • Asian retail sector lacks integrated logistics: APL
  • US shipbuilding to get US$6.6b boost from Navy
  • Indian port officers plan protest
  • Penang port expects trade to rise
  • India's Essar Shipping to build port
Air and Land Transport
  • Greece seeks foreign help to save Olympic Airways
    Govt hopes management company can turn unprofitable carrier around
  • Order to stop forced return of PAL plane lifted
  • TWA pilots union sees need for airline to get partner
  • Protest over airport noise
  • UK airport operator expects EU to extend duty-free shopping
  • Garuda appoints Lufthansa as consultant
  • Indian Airlines hopes for small profit this year
  • DaimlerChrysler lowers Benz A-class sales target for Brazil
Features
  • Japanese brace for the giants
    Carmakers like Toyota scurry to meet the challenge posed by global mergers, either with new partners or cutbacks

Shipping Timesweb site
Shipping News
  • Canadian bank upbeat about ship financing
    Bank of Nova Scotia seizing opportunities for long-term relationships in Asia-Pacific
  • Asian retail sector lacks integrated logistics: APL
  • US shipbuilding to get US$6.6b boost from Navy
  • Indian port officers plan protest
  • Penang port expects trade to rise
  • India's Essar Shipping to build port
Air and Land Transport
  • Greece seeks foreign help to save Olympic Airways
    Govt hopes management company can turn unprofitable carrier around
  • Order to stop forced return of PAL plane lifted
  • TWA pilots union sees need for airline to get partner
  • Protest over airport noise
  • UK airport operator expects EU to extend duty-free shopping
  • Garuda appoints Lufthansa as consultant
  • Indian Airlines hopes for small profit this year
  • DaimlerChrysler lowers Benz A-class sales target for Brazil
Features
  • Japanese brace for the giants
    Carmakers like Toyota scurry to meet the challenge posed by global mergers, either with new partners or cutbacks

Sched Netweb site
  • Asian Sources, ACS launch supply chain product
  • China and US set to clash over shipping regulations
  • Labour dispute at Israeli ports causes delays
  • Cosco keeps costs down
  • Med shipping launch transpacific trade
  • Santos throughput to increase
  • Target Logistics aims at expansion opportunities
  • 1998 results down for BAX
  • Singapore's secrets of success
  • Emery announce Q4 figures

Cargowebweb site
  • Rumors take-over Sea-Land by Maersk
  • Belgian Railways to buy Rotterdam forwarder
  • Danser Container Line the first operator with EDI
  • Operating profit BTL up by non-recurring items
  • Just little growth fruit juice transshipment Rotterdam

The Journal of Commerceweb site
Home
  • Clinton budget proposal includes $1 billion in fees
  • Creel says draft rules may change
  • Airline alliances are leaving cargo out in the hold
  • Recession looms as Chavez prepares to lead Venezuela
  • Union Pacific gets socked by federal judge over its 1997 service failures
  • Citing losses due to cheap imports, Geneva Steel files for Chapter 11
  • Safmarine buys logistics company from Rennies
  • Fritz Cos. to settle antiboycott charges for $12,000
  • Celadon Group posts earnings drop
  • Harris Semiconductor gives BAX Global pact to manage exports from Malaysia
  • EU confirms trade deal reached with South Africa
  • Schenker's owner, Stinnes AG, makes bid to buy rest of Sweden's BTL
  • Motor Cargo Industries taps former Viking exec for COO
Transportation
  • 3rd investigation raps Hong Kong in airport fiasco
  • Strong earnings push transport index up 2.6%
  • China trims spending for airports, aircraft
Maritime
  • EU warns Atlantic lines on capacity
  • Zim to open second Pacific route to cover the Northwest
  • Over and out: Morse Code replaced by satellite system
  • Coast Guard considering standards for barge cargo
  • Breakbulk fuels cargo growth at Virginia ports
  • Year-old operator carves out gains at Pennsylvania port

The Journal of Commerceweb site
Home
  • Clinton budget proposal includes $1 billion in fees
  • Creel says draft rules may change
  • Airline alliances are leaving cargo out in the hold
  • Recession looms as Chavez prepares to lead Venezuela
  • Union Pacific gets socked by federal judge over its 1997 service failures
  • Citing losses due to cheap imports, Geneva Steel files for Chapter 11
  • Safmarine buys logistics company from Rennies
  • Fritz Cos. to settle antiboycott charges for $12,000
  • Celadon Group posts earnings drop
  • Harris Semiconductor gives BAX Global pact to manage exports from Malaysia
  • EU confirms trade deal reached with South Africa
  • Schenker's owner, Stinnes AG, makes bid to buy rest of Sweden's BTL
  • Motor Cargo Industries taps former Viking exec for COO
Transportation
  • 3rd investigation raps Hong Kong in airport fiasco
  • Strong earnings push transport index up 2.6%
  • China trims spending for airports, aircraft
Maritime
  • EU warns Atlantic lines on capacity
  • Zim to open second Pacific route to cover the Northwest
  • Over and out: Morse Code replaced by satellite system
  • Coast Guard considering standards for barge cargo
  • Breakbulk fuels cargo growth at Virginia ports
  • Year-old operator carves out gains at Pennsylvania port

The Journal of Commerceweb site
Home
  • Clinton budget proposal includes $1 billion in fees
  • Creel says draft rules may change
  • Airline alliances are leaving cargo out in the hold
  • Recession looms as Chavez prepares to lead Venezuela
  • Union Pacific gets socked by federal judge over its 1997 service failures
  • Citing losses due to cheap imports, Geneva Steel files for Chapter 11
  • Safmarine buys logistics company from Rennies
  • Fritz Cos. to settle antiboycott charges for $12,000
  • Celadon Group posts earnings drop
  • Harris Semiconductor gives BAX Global pact to manage exports from Malaysia
  • EU confirms trade deal reached with South Africa
  • Schenker's owner, Stinnes AG, makes bid to buy rest of Sweden's BTL
  • Motor Cargo Industries taps former Viking exec for COO
Transportation
  • 3rd investigation raps Hong Kong in airport fiasco
  • Strong earnings push transport index up 2.6%
  • China trims spending for airports, aircraft
Maritime
  • EU warns Atlantic lines on capacity
  • Zim to open second Pacific route to cover the Northwest
  • Over and out: Morse Code replaced by satellite system
  • Coast Guard considering standards for barge cargo
  • Breakbulk fuels cargo growth at Virginia ports
  • Year-old operator carves out gains at Pennsylvania port

Cyber Shipping Guide - Ocean Commerceweb site
  • HK Panel to Hear from Parties Concerned over THC
  • MOL VP Sees Space Adjustment As Key Issue
  • Nantai Line to Launch China, HK, Taiwan Service

urgente online pressweb site
FEBRUARY 1, 1999
  • La UE considera que el ferrocarril europeo transporta pocas mercancías
  • La UE reparte licencias para circular por Suiza
  • Tabarca sufre los desaires de la liberalización de cabotaje
  • Hirosaki Shipping conecta Tarragona con el Mediterráneo
  • Festival de Cruceros invierte 71.700 millones en ampliar flota
  • EE.UU. presionará para que las aerolíneas extranjeras paren en Alaska
  • Cargolux llevará mercanc'as a Shanghai
  • Las 13 mayores aerolíneas de EE.UU. obtienen beneficios

The Bunker Bulletinweb site
FEBRUARY 1, 1999
  • Former Statoil trader given severest corruption sentence to date
  • Pernis refinery cut-back may affect Rotterdam bunker market
  • Singapore slips USD 6.50 in January

Cargo Info Africa - Freight & Trading Weeklyweb site
  • Deferred VAT payment system addresses cash flow concerns
  • It's back to normal after Beit Bridge strike
  • Michael Katz takes over Marimed helm
  • Renfreight Circle to announce new company structure
  • K&N moves closer to Pretoria clients
  • SARS will release trade stats on the Internet
  • CMS brings on a new vessel
  • New man will oversee SA - Zim trade relations
  • Wayne heads up City Deep depot
  • Zim VAT refund complaints fall on deaf ears
  • Export reference book lives up to expectation
  • Goods in transit insurance seminar
  • Durban will host Festival of the Sea
  • Fast Forward launches Internet Proof of Delivery system
  • New agreement with Netherlands deals with double taxation issue
  • Interlinked global network takes logistics to the limit at Hellmann
  • City Bird wants to fly to SA
  • SAA staffers still suspended as Morgan Air enquiry continues
  • US truckers win cargo from airfreight
  • Top-level talks will address Trans-Kalahari highway concerns
  • Workshop spotlights electronic commerce issues
  • Flywell finds a lucrative market in the DRC
  • Zimbabwe wants cross border tariffs gone by next year
  • 'I expected to stir up a hornet's nest'
  • 'No preference is given to preclearances at border posts'
  • New Transport super union is born
  • SARS wants your input on electronic tax collection
  • BA wants another CT flight
  • Compu-Clearing takes over Clearway
  • Maersk Line appoints new CT manager
  • Portnet takes empowerment route for new tugs
  • 4000 TEU MSC Diego arrives

Marine Logweb site
FEBRUARY 1, 1999
  • Paris MOU announces inspection campaigns for large bulk carriers
    Large bulk carriers of more than 30,000 GT and over 15 years old will be inspected for structural safety by port state authorities.

Lloyd's Listweb site
  • Shipowners face US fees threat
    SHIPOWNERS and operators face new user-fees and other charges totalling millions of dollars under the Clinton Administration's proposed Financial Year 2000 federal budget sent yesterday to the US Congress.
  • Subsidy victory for Norway yards
    Norwegian shipbuilders appeared to have won a major victory yesterday, when the three-party minority government said it would raise subsidies on newbuildings costing more than Euro10m ($8.7m) from 7% to the European maximum level of 9%, and those on smaller craft and refurbishments from 3.5% to 4.5%.
  • Spectacular profits growth at Royal Caribbean Cruises
    ROYAL Caribbean Cruises yesterday unveiled a "spectacular" profit increase for 1998.
  • Inchcape in talks on shipping sale
    INCHCAPE is well on the way to completing its disposal programme following the sale yesterday of its Chilean and Peruvian bottling interests, but has yet to sell its shipping subsidiary, writes Janet Porter.
  • IMO in new bid to beat fatigue at sea
    TIRELESS investigators are to embark on yet another attempt at beating an age-old problem: how to prevent fatigue at sea.
  • Pallion yard set to resurrect itself after dormant decade
    Alan Donnelly, Tyne and Wear MEP, said he hopes that the owners of the Pallion shipyard in Sunderland will revive the famous Austin and Pickersgill name as it moves back into business after a ending of a 10-year moratorium.
  • Lloyd's Register's reign challenged
    Lloyd's Register is to receive a blow to its prestige as unchallanged top classification society in the lucrative cruise business.
  • Montserrat jetty becomes point of entry
    MONTSERRAT, the Caribbean island that thousands of people fled in fear of the erupting volcano, Lang Soufriere, has turned what was an emergency evacuation jetty into its main point of entry.

Fairplayweb site
FEBRUARY 1, 1999
  • US yards to receive defence order boost
    THE big three US naval shipyards will receive a large boost in orders from the department of defense as part of a $6.6bn shipbuilding spending plan to be announced by the Pentagon.
  • Cyprus managers may move tonnage to Germany
    CYPRUS-based managers with German connections may follow Christian F Ahrenkiel's lead and transfer ships to German management if the German tonnage tax rules prove advantageous.
  • AP Møller in Sea-Land talks rumour
    SHARES in AP Møller group rose last Friday on rumours that the company was in talks to acquire US liner operator Sea-Land.
  • Canadian grain strike ends
    STRIKING grain weighers in Canada returned to work less than 24 hours after the Canadian Wheat Board called on Ottawa to legislate an end to the strike.
  • Pressure mounts on livestock shipments
    PUBLIC pressure is mounting on the Australian government to restrict livestock shipments following last week's cattle losses on an Indonesian-bound livestock carrier.
  • Norway's yards promised aid package
    LARS Sponheim, Norway's minister of economic affairs, is soon to present to parliament an aid package for the country's shipbuilding industry.
  • Worker opposition delays yard take-over
    THE planned takeover of Dutch repair yard Wilton-Fijenoord by Yssel-Vliet Combination has been delayed because the workers' councils of both companies are against the merger.
  • Japan to end directorship ban
    JAPAN'S Ministry of Transport has decided to end a legal ban on foreigners serving as directors of shipping companies.
  • Taiwan to ease rules on passengerships
    TAIWAN transport officials may soon soften their stance regarding contact with the Chinese mainland and allow foreign passengerships to link the two countries.
  • IMB renews plea to China
    THE International Maritime Bureau has renewed its plea to China for increased action against piracy in its waters.
  • India to loosen ports legislation
    INDIA'S Ministry of Surface Transport has proposed amendments to the Merchant Shipping Act to enable the country's major ports to forge joint ventures with a minor or foreign port.
  • Future of Thai 'anti-smuggling' police in doubt
    THAILAND'S National Energy Police Office might have made its last vessel seizure following news of a possible end to funding for the anti-smuggling government department.
  • Reefer car shortage hurts Chinese
    HUGE annual losses are being incurred by China because of a desperate shortage of refrigerated rail cars to handle the country's fresh or perishable commodities.
  • China to increase export credits
    CHINA'S Export and Import Bank has announced it will increase export sellers' credits by 14bn yuan ($1.69bn) in 1999.
  • Storms disrupt Italian ferry links
    UNSEASONALLY bad weather that hit Italy over the week-end severely affected shipping links.
  • Laguna takes on Manila ferry service
    LAGUNA Lake Star Ferry Corp, the sister company of the bankrupt Starcraft Ferry, has been granted a permit to operate a ferry service on Manila's Pasig River.
  • Zim adds second trans-Pacific service
    ZIM Israel Navigation will inaugurate an additional fixed-day weekly service between the Far East and the Pacific coast of the US and Canada in May.

Daily Commercial Newsweb site
  • Unions flag Newcastle tug strife
    As many as seven tug crews totalling 28 people are likely to lose their jobs as a result of the Adsteam takeover of Hunter Towage Services Pty Ltd.
    The takeover, which will rationalise towage services in the port of Newcastle, is awaiting the approval of the Australian Competition and Consumer Commission.
    Maritime unions are due to discuss the implications of the takeover with Hunter Towage Services Pty Ltd this week, although one of the unions has already indicated that a potential for conflict exists.
    The number of retrenchments, the size of the redundancy package and future rosters which will apply to towage crews in the port of Newcastle will be on the agenda at this week's talks.
  • FreightCorp now four state operator
    NSW-based rail freight operator FreightCorp officially began operating in four Australian states yesterday after it took over the South Australian coal haulage operation that links the Leigh Creek coal mine with the Port Augusta power stations.
    FreightCorp said the two-year haulage contract, which involves the haulage of up to three million tonnes of coal annually along the 250km rail line between Leigh Creek and Port Augusta, would get under way on Friday after modification to coal loading facilities.
    From Friday, FreightCorp is expected to run one round trip daily from the Leigh Creek Mine to Port Augusta with a train comprising three locomotives and up to 168 wagons. The remaining rolling stock required for the task was being railed across from NSW to South Australia today.
  • Keppel Cairncross meeting 'procedural'
    In what was described as a procedural matter, the creditors of Brisbane's financially troubled ship repairer, Keppel Cairncross Shipyard Limited, were to decide yesterday whether to replace the voluntary administrators appointed on 22 January by the company's directors.
    The creditors were also to decide whether to form a "committee of creditors' tasked to liaise with the administrators on the future of the company.
    Following yesterday's meeting -- still in progress at DCN press time -- the administrators and the Keppel Cairncross's creditors will meet again in two to three weeks to decide critical issues concerning the company's future.
  • Darwin dropped in SIA revamp
    Australia's second largest international air carrier, Singapore Airlines, has blamed disappointing operating results on the Darwin-Singapore route for its decision to scrap operations to Darwin by the end of March.
    The airline's move to stop the weekly A310 service to Darwin, which is a shared service with Cairns, is part of a shake-up of its capacity and aircraft servicing Australian ports. Most services will remain unchanged when SIA's northern summer schedule comes into effect at the end of March, although capacity to Perth, Adelaide and Melbourne will be increased through a combination of additional services and larger aircraft.
    SIA said the decision to terminate the loss-making Darwin service after 11 years had been taken with regret, but said the service had not operated up to expectations. The airline has been forced to review its loss-making routes in light of the Asian economic crisis.

›››File
FROM THE HOME PAGE
Chinese group CSSC will build two more cruise ships for Adora Cruises
Shanghai
Option for a third vessel. The "Adora Flora City" launches today.
In the fourth quarter of 2025, freight traffic in the port of Palermo decreased by -9.6%
Palermo
Cruise passengers down by -18.7%
IMO Council resolves to establish a safe corridor in the Strait of Hormuz, but by "peaceful means and on a voluntary basis"
London
Dominguez: Concrete action is needed from all countries and stakeholders
COSCO Shipping Holdings' revenues fell by 12.2% in the last quarter of 2025.
Hong Kong
Containerized volumes transported by the fleet grew by +5.1%
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
Geneva
Economists at the World Trade Organization foresee two scenarios
In 2025, CK Hutchison terminals handled a record 90.1 million containers (+3%)
Hong Kong
The president of the Chinese group confirms the difficulty of negotiations to sell a large part of the port portfolio to MSC and BlackRock
Assiterminal expresses concern over the impact of the Middle East crisis on port terminal activity.
Genoa
Ferrari: the cruise sector also involved
Two more ships were hit by shells in the Strait of Hormuz region
London/Southampton
Incidents near the coasts of the United Arab Emirates and Qatar
MSC and Ga-Hyun Chung announce joint control of Sinokor
Athens/Nicosia
Proposal to establish a safe maritime corridor to evacuate ships stranded in the Persian Gulf
London
It has been put forward by Bahrain, the United Arab Emirates, Japan, Mexico, Panama and Singapore
Dominguez calls on the IMO Council to conduct informal deliberations and define practical measures to resolve the Hormuz crisis.
London
From the statements presented, it is unlikely that anything more than declarations of principle will be made.
To respond to geopolitical shocks, shipping must have reliable operational data
London/Rotterdam
Lloyd's Register, OneOcean and PortXchange discuss digitalization and artificial intelligence in the sector
China's COSCO Shipping Ports' profit and loss account weighs on rising operating costs.
Hong Kong
Revenue reached a record high of nearly $1.7 billion last year.
Tanker hit near Strait of Hormuz
Portsmouth
A bullet caused minor damage. The crew was unharmed.
Sharp increase in transshipment containers in the port of Barcelona
Barcelona
In February, overall freight traffic increased by +8.1%
PPC denounces that the Republic of Panama is delaying the arbitration at the ICC
Panama
The Chinese company continues to reiterate the illegality of the seizure of the Balboa and Cristóbal port terminals
Alessandro Becce is the new Secretary General of the Sardinian Sea Port Authority.
Cagliari
Bagalà: EU ETS application for major and minor islands must be cancelled
Operation Aspides' mandate will not be extended to the Strait of Hormuz at this time.
Brussels
This was announced by the High Representative of the European Union for Foreign Affairs, Kaja Kallas.
Greece and Italy reject the extension of Operation Aspides to the Strait of Hormuz.
The ships of the two nations constitute the naval force of the European mission
Freewheels: The government has broken its promise regarding fuel taxes.
Modena
Franchini: Continuing to treat road haulage like a tax cash machine is simply irresponsible.
Pessina (Federagenti): Shipping will also overcome the Strait of Hormuz crisis.
Genoa
We hope - he specified - that we will soon move in the direction of a progressive normalization.
Israel's eastern Mediterranean coast has been designated a high-risk area for the safety of ships and crews.
London
Resolution of the International Bargaining Forum
Evergreen Marine Corporation's revenues decreased by 26.0% in the fourth quarter of 2025.
Taipei
Quarterly net profit down 71.8%
EU Commission and EIB support for investment projects in small and medium-sized ports
In the second half of 2025, OOIL's revenues decreased by -20.0%
Hong Kong
Net profit down 67.9%
In transalpine freight transport through Switzerland, rail is losing further market share to road transport
Bern
Dramatic development - a report underlines - from the point of view of Swiss modal shift policies
An extraordinary IMO council will be held on 18 and 19 March to discuss the situation in the Middle East.
London
As of yesterday, the attacks on ships have resulted in the death of eight sailors and the wounding of ten, in addition to three missing.
In 2025, combined road/rail traffic handled by Hupac grew by +4.3%
Noise
The need to extend the application of contributions to transalpine combined transport beyond 2030 was reaffirmed.
Yang Ming to order six new 13,000 TEU dual-fuel LNG containerships
Keelung
The fourth quarter of 2025 was closed with a net profit down by -81.2%
The resumption of shipping traffic through Suez does not appear to be affected by the blockade in the Strait of Hormuz
Cairo/Southampton/Washington/Genoa
While ships increased by 1.9% in January, growth in the canal has since been more sustained. War material seized in the port of Genoa.
US prepares to attack Iranian ports
Tampa/Muscat
Centcom warns civilians to immediately avoid all port facilities. Drones over the port of Salalah.
MSC to build container terminal at Snake Island Port in Lagos
Geneva
45-year concession agreement with Nigerdock
Attacks on ships in the Strait of Hormuz resume
Southampton/Geneva
A container ship was damaged. A fire broke out on another vessel. UNCTAD raised alarm over the effects of the disruption to maritime traffic in the region.
Three crew members of a bulk carrier stricken in the Strait of Hormuz are missing.
Bangkok
Twenty seafarers were disembarked in Oman
ONE's stake in Poseidon (Seaspan Corporation) will rise to 48.9%
Singapore/Toronto
Investment worth $1.07 billion
FS Logistix and Grimaldi Euromed sign agreement to develop integrated sea-rail transport solutions.
Verona
Confitarma requests the possible deployment of Italian Navy units to the Persian Gulf and Strait of Hormuz area.
Rome
Zanetti: A concrete sign of attention to protecting the country's strategic interests.
Scotland debates taxing cruise ships
Three fifths of those interviewed said they were in favour of granting local authorities the power to introduce a tax
Last year, freight traffic in German ports amounted to 284.4 million tonnes (+3.8%).
Wiesbaden
Imports increased by +5.3%
In January, freight traffic in the ports of Genoa and Savona-Vado Ligure fell by -4.9%.
Genoa/Ravenna
A growth of +12.5% was recorded in the port of Ravenna
In 2025, ZIM's revenues fell by -18.1%
In 2025, ZIM's revenues fell by -18.1%
Haifa
The decline was more pronounced in the fourth quarter (-31.5%). Glickman: the merger with Hapag-Lloyd is very positive for shareholders.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Bremen
In the fourth quarter alone, growth was +5.4%, with container loads increasing by 11.8%.
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
La Spezia
At the port of Marina di Carrara, traffic was 4.8 million tonnes (-0.7%)
PPC and CK Hutchison warn that they will assert all their rights and seek full compensation from Panama
Hong Kong
In 2025, the PSA terminal operator group recorded record revenues
Singapore
Operating profit up 19.0% and net profit up 0.5%
In 2025, the CMA CGM group's shareholder profit fell by -58.1%.
Marseille
Revenues down -2.0% (-5.2% in the fourth quarter alone)
2025 was Global Ship Lease's best year yet
Athens
Positive trend also in the fourth quarter
In the fourth quarter of 2025, freight traffic in the ports of Naples and Salerno grew by +2.0%
Naples
The -1.0% decline recorded at the regional capital's airport was more than offset by the +6.3% growth in Salerno
The Maritime Federation fully endorses the new EU strategies for the maritime and port sectors
Rome
Mattili: We are available to contribute to the EU Industrial Maritime Value Chains Alliance.
CK Hutchison announces it has intensified legal action against the Republic of Panama.
Hong Kong
Addendum to the Notice of Dispute filed with the ICC
Global Ports Holding's cruise terminals see record traffic
Istanbul
Last year there were 18.1 million passengers (+8.5%)
Interferry: The EU Commission's path to ferry decarbonization is the right one.
Victoria
Roos: It is good to recommend that ETS funds be used exactly where they are collected.
CLECAT promotes the EU strategy for the European maritime, port and logistics system
Brussels
Emphasis is also placed on the need to prevent integrated operators from limiting competitors' access to infrastructure, services or customers.
ESPO approves new EU Port Strategy
Brussels
Among the most appreciated elements, the commitment to implement a review of the EU ETS and the FuelEU Maritime Regulation
Tanker hit near Kuwait coast
Southampton/Kuwait City
A shell also hit a container ship in the Strait of Hormuz
European shipowners and shipbuilders applaud the EU's strategy for the sector. German port operators are less convinced by the proposal.
Brussels/Rome/Hamburg
WSC welcomes the strategies for the maritime industry and ports proposed by the European Commission
Washington
However, according to the association, they are not sufficiently attentive to the simplification of trade exchanges.
The European Commission presents two strategies to promote the competitiveness, sustainability, safety and resilience of EU ports, maritime transport and shipbuilding.
Brussels
A high-level council will be established
Explosions and a fire on a Russian ship that sank near Libya
Moscow/Tripoli
In December, Ukraine claimed responsibility for an attack on a Russian oil tanker in the same region.
Attacks on ships in the Strait of Hormuz region continue
Southampton/Battaramulla
Three naval vessels reported shellfire and damage. An Iranian frigate was hit in Sri Lanka.
Viking orders two new expedition cruise ships from Fincantieri and secures an option for two ocean-going vessels
Trieste
The value of the agreements exceeds two billion euros
Container traffic at the Maltese port of Marsaxlokk remained stable in 2025
Kalafrana/Hong Kong
China's CMPort has signed a 70% stake in Brazil's Vast Infraestrutura oil terminal.
T&E: Over half of European ferries could become electric by 2035
T&E: Over half of European ferries could become electric by 2035
Brussels
Klann: Electric ferries are already cheaper on many routes and will become even cheaper in the coming years.
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
London
The area may soon be transitioned to a Warlike Operations Area.
Nautilus International urges States and shipping operators to ensure the safety and rights of seafarers
London/Brussels
The International Trade Union Confederation urges an immediate ceasefire by all parties
Strait of Hormuz: A sailor from a ship attacked by a drone vessel dies.
Muscat
Twenty-one crew members were evacuated
Norwegian Cruise Line Holdings closes a record 2025, but faces challenges with non-operating costs.
Miami
The war crisis in the Middle East also affects ports
Dubai/Muscat/Washington
Kramek (WSC): Liner shipping has demonstrated its ability to react to emergency situations, such as the one in the Red Sea
ICS, ECSA and ASA concerned about seafarers' safety in the Middle East
London/Brussels/Singapore
This is - they underlined - a rapidly evolving and unpredictable situation.
Hapag-Lloyd and Maersk were the first to sense trouble in the Middle East. A tanker sanctioned by the US was hit.
Hamburg/Copenhagen/Southampton/
Washington/Muscat
On Friday, the two companies notified customers of changes to their services in the region. Four Skylight crew members were injured.
European list of ship recycling facilities updated
Brussels
Including for the first time a German shipyard, that of Emden
Confitarma urges the EU to strengthen the attractiveness of its maritime flags
Rome
An arbitration worth over $1.5 billion will resolve the dispute between PPC and the Republic of Panama.
Panama
Procedure at the International Chamber of Commerce in New York
Tender for the multipurpose terminal at the Príncep d'Espanya pier in the port of Barcelona
Barcelona
The concession contract will have a duration of 16 years
Fincantieri and Navantia agree to jointly coordinate and execute the European Patrol Corvette project.
Sad/Madrid
In 2025, the port of Rotterdam handled 14.2 million containers (+3.1%)
In 2025, the port of Rotterdam handled 14.2 million containers (+3.1%)
Rotterdam
In the fourth quarter alone, containers amounted to 3.5 million TEUs (+3%)
PSA announces a billion-dollar investment plan in the port of Genoa
PSA announces a billion-dollar investment plan in the port of Genoa
Rome/Singapore
The first phase focuses on the technological implementation and infrastructural adaptation of the PSA Genova Pra' terminal.
New logistics hub in London to boost rail freight through the Channel Tunnel
London
An investment of around £15 million is expected
Jeremy Nixon will hand over his position as CEO of Ocean Network Express to Till Ole Barrelet on July 1st.
Singapore
The German manager comes from Emirates Shipping Lines
The first three electric gantry cranes have been installed at the new intermodal terminal in Milan Smistamento.
Milan
At full capacity it will be able to handle up to 44 trains per day
FedEx revenues increased by 8.3% in the December-February quarter
Memphis
Quarterly net income was $1.06 billion (+16.2%)
London pledges £746 million to renovate Nigeria's two ports, Apapa and Tin Can Island, in Lagos.
London
Agreement between UK Export Finance and the Nigerian Ports Authority
Fabrizio Urbani is the new secretary general of the Port Authority of the Central-Northern Tyrrhenian Sea.
Civitavecchia
Unanimous resolution of the Management Committee
In the fourth quarter of 2025, French ports handled 74.2 million tonnes of goods (+7.2%)
La Defense
UNI/Fermerci reference practices on staff training presented at MIT
Rome
The Council of State has rejected the relocation of Genoa's chemical warehouses.
Rome/Genoa
The AdSP declares itself ready for a technical discussion within the framework of a specific initiative by the municipal administration
FS Logistix and Nurminen Logistics inaugurate a new weekly rail service between Sweden and Italy
Rome
2,500 kilometer route
Hapag-Lloyd signs maritime cooperation agreement with Indian government
Hamburg
Plans to bring ships under the Indian flag and collaborate in the development of ship recycling and Vadhavan port
A project for the digital transformation and technological development of the port of Gioia Tauro has been funded.
Gioia Tauro
Resources worth almost two million euros for the Port Authority of the Southern Tyrrhenian and Ionian Seas
Keel-laying and coin-laying ceremony for a new ferry under construction for ACTV
Piombino
It took place in the Piombino Industrie Marittime shipyard
Touax Container Services increased container sales by 36% in 2025
Paris
Revenues decreased by -5% in the year
In 2024, international seaborne freight traffic reached a record 24.1 billion tonnes
Geneva
New historic peak in dry cargo
Medlog (MSC Group) will acquire the remaining 29% of MVN from Logistics Project Italia
Rome
The operation has been notified to the Antitrust Authority
Greek group Attica Holdings continues its fleet renewal plan
Athens
Purchase of two catamarans for €15 million. Long-term lease of the "GNV Bridge" ferry.
Germany's Arvato has acquired Canada's THINK Logistics
Mississauga/Gütersloh
The company, founded in 2012, is headquartered in Mississauga, Ontario.
Two new state-of-the-art ship-to-shore cranes have arrived at the PSA SECH terminal.
Genoa
They will be operational from June
Banco BPM's €55 million financing to Grimaldi Euromed
Naples/Milan
Partially covers the purchase of the new ship "Grande Inghilterra"
Stolt-Nielsen sells 50% of Avenir LNG to NYK Line
Oslo/Tokyo
The company operates in the liquefied natural gas bunkering sector
Only 7% of the workers in the port companies and terminals of La Spezia and Marina di Carrara are women
La Spezia
Costa cancels cruises originally scheduled to sail to the Middle East
Genoa
The company currently has no vessels operating in the region.
In 2025, d'Amico International Shipping's time charter revenues decreased by -29.0%.
Luxembourg
Fourth quarter decline eases
NYK to become sole owner of Norway's Saga Welco
Tokyo/Tønsberg
The Tønsberg company has a fleet of 48 open-hatch vessels
Grimaldi Group's Valencia Terminal Europa will manage the new car terminal at the port of Sagunto.
Valencia
Grimaldi has taken delivery of the new PCTC Grande Seoul
Naples
It is the ninth ammonia-ready unit of the Neapolitan shipping group
The Cagliari-Algeria service operated by Maersk and Grendi will soon dock at the Giammoro di Milazzo pier.
Messina
It will be held on a weekly basis
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Falteri (Federlogistica): The consequences of the war in Iran are only in their infancy.
Genoa
There is a dramatic congestion of perishable products in the hub airports of the Gulf, he underlined.
DP World reported record annual operating and financial results
Dubai
In 2025, container traffic increased by +5.8% and revenues by +22.0%
Two additional new Medium Range 2 tankers for d'Amico Tankers
Luxembourg
Exercised options with Chinese shipyard Jiangsu New Yangzi Shipbuilding Co.
Japan's MOL has acquired 25% of V.Ships France
Tokyo/London
The remaining 75% of the capital remains with V.Ships
ICTSI reports record annual and quarterly financial and operating performance
Manila
Last year the group's port terminals handled 14.5 million containers (+11.0%)
Wan Hai Lines' revenue decreased by 13.3% in 2025
Taipei
The company will buy four new 6,000 TEU container ships and two 9,200 TEU container ships.
Observatory on the presence of women in the blue economy sector
Milan
Initiative by WISTA Italy and the Maritime Federation
The first train will depart from the Pordenone Interport on April 2nd.
Pordenone
Ausserdorfer (InRail): We have already received new requests and contracts to increase connections
Triple ceremony for Explora Journeys at Fincantieri's Sestri Ponente shipyard
Genoa
Technical launch of "Explora IV", coin ceremony of "Explora V" and start of construction of "Explora VI"
The Propeller Club of the Ports of La Spezia and Marina di Carrara has renewed its board of directors.
La Spezia
Gianluca Agostinelli and Federica Maggiani confirmed as president and vice president
The Tunisian government decides to start construction of the port of Enfidha
Tunis
52,000 jobs expected to be created
Hundreds of containers of temperature-controlled plant-based food products are held up in the port of Genoa.
Genoa
Spediporto reports it
The La Spezia Freight Forwarders Association has established a terminal freight forwarder section.
La Spezia
The aim is to strengthen the representation and enhance the value of inland logistics.
FHP Intermodal launches rail service from northern Italy to Bari and Catania
Foggia
Initially, two pairs of trains are scheduled to depart per week.
Managing maritime shipments in a scenario made extremely complex by the crisis in the Middle East
Genoa
Botta (Spediporto) and lawyer Guidi suggest how to handle difficulties
The new Norwegian Luna cruise ship will be delivered in Marghera.
Trieste
It is the second unit of the "Prima Plus" class built by Fincantieri
Assiterminal: The EU's port strategy is a success.
Genoa/Brussels
Seas At Risk, One Planet Port, and IFAW are concerned about the proposed regulation's reference to expediting environmental impact assessments.
The first electrical cabin dedicated to the cold ironing system has been completed in the port of Gioia Tauro.
Gioia Tauro
In April, the first connection of a container ship to a mobile socket
Konecranes revenues remained stable in 2025
Helsinki
The value of new orders grew by +9.7%, with a +21.3% for port vehicles
Finnlines' net profit increased by 50.7% in 2025
Helsinki
Revenues up 2.0%
Ravenna has been designated Capital of the Sea 2026
Rome
Petri (Assoporti): its port is a strategic hub for the national economy
Large shipment of ammunition and detonators seized in the port of Ancona
Ancona
He was about to be embarked on a ferry intended for the exclusive transport of passengers
2025 record for the American cruise group Viking Holdings
Los Angeles
Revenues grew by +21.9%
UECC has ordered China Merchants Jinling to build two PCTCs
Oslo
They will have a capacity of 3,000 CEUs and will be taken into delivery in 2028.
Kuehne+Nagel plans more significant staff cuts
Schindellegi
Worsening economic results in the fourth quarter of 2025
Public notice from the Northern Tyrrhenian Sea Port Authority to select the new Secretary General
Livorno
The procedure is not competitive in nature and no selection process is foreseen.
KKCG Maritime publishes a partial tender offer to increase its stake in Ferretti from 14.5% to 29.9%.
Milan/Hong Kong/Prague
The offer is not aimed at delisting the shares
Norovirus outbreak on second Holland America Line cruise ship
Hong Kong
65 passengers and 11 crew members of the "Westerdam" were injured.
SOS LOGistica, allocating only 10% of the €590 million for road transport to zero-emission vehicles is self-destructive.
Rome/Milan
Texts: talking today about a heavy BEV market that "takes off" remains a mirage
The first U212NFS submarine is being laid down at Fincantieri's Muggiano shipyard.
Trieste
The delivery of the first unit is scheduled for 2029
A new tender has been published for railway shunting in the ports of Savona and Vado Ligure.
Genoa
The tender base amount is 14.8 million euros
China's LC Logistics orders two new 11,000-TEU containerships
Hong Kong
Order with a total value of 236 million dollars
Palumbo Superyachts to build new metal shipbuilding hub in Ortona
Ortona
Concession area in the Abruzzo port
Kuehne+Nagel acquires the road transport business of German firm Lohmöller
Schindellegi
In 2024 they had generated a turnover of approximately 23.5 million euros
Rolls-Royce posts record annual financial performance
London
Revenues increased by 12.2% last year
Fincantieri delivered the ultra-luxury cruise yacht Four Seasons I in Ancona
Trieste
The Navis Sapiens program also debuts with the ship
Nearly 12 million tonnes of CO2 avoided in 2025 for vessels coated with Jotun products
Muggia
Estimated fuel cost savings of approximately $2 billion
In 2025, intermodal traffic handled by Interporto Padova amounted to 381,031 TEUs (-7.5%)
Padua
Record production value recorded
In 2025, the Nola interport handled 2,000 trains
Nola
A 50% increase is expected in 2026
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
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
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
››› Meetings File
PRESS REVIEW
Russian shipbuilding holding USC designing high ice-class container ship for Rosatom for Northern Sea Route
(Interfax)
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.
Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port
Geneva
It occupies an area of over 100 thousand square meters
Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics
Rome
Monthly gross earnings increase at 750 Euros in three tranche
Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management
Sydney
It was unanimously approved by the Australian logistic group Cda
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
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