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Independent journal on economy and transport policy
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BRIEFS
February 10, 1999
Shipping Timesweb site
Shipping News
  • P&I Club sees more business from region
    Mutual insurer expanding S'pore office to cope with demand, transfer of business from UK
  • Keppel completes new drydock in Philippines
  • Delhi mulls over reduction in its SCI stake
Air and Land Transport
  • PAL exploring tie-ups with US, European airlines
    It is also seeking franchise arrangement with domestic carriers
  • Asian car market has yet to hit bottom: BMW exec
  • Laws preventing Swissair from making compensation
  • Iata seeks meeting of governments to harmonise air rules
  • Ansett may scrap Osaka flights
  • China to make use of aerospace technologies to stimulate economy
  • American Air cancels flights for third day
Features
  • Set to take on the downturn
    Hapag-Lloyd's new managing director in Singapore, Martin von Beoczy, shares his views on the shipping industry
Columns
  • Recent developments show piracy problem can be beaten

Shipping Timesweb site
Shipping News
  • P&I Club sees more business from region
    Mutual insurer expanding S'pore office to cope with demand, transfer of business from UK
  • Keppel completes new drydock in Philippines
  • Delhi mulls over reduction in its SCI stake
Air and Land Transport
  • PAL exploring tie-ups with US, European airlines
    It is also seeking franchise arrangement with domestic carriers
  • Asian car market has yet to hit bottom: BMW exec
  • Laws preventing Swissair from making compensation
  • Iata seeks meeting of governments to harmonise air rules
  • Ansett may scrap Osaka flights
  • China to make use of aerospace technologies to stimulate economy
  • American Air cancels flights for third day
Features
  • Set to take on the downturn
    Hapag-Lloyd's new managing director in Singapore, Martin von Beoczy, shares his views on the shipping industry
Columns
  • Recent developments show piracy problem can be beaten

Shipping Timesweb site
Shipping News
  • P&I Club sees more business from region
    Mutual insurer expanding S'pore office to cope with demand, transfer of business from UK
  • Keppel completes new drydock in Philippines
  • Delhi mulls over reduction in its SCI stake
Air and Land Transport
  • PAL exploring tie-ups with US, European airlines
    It is also seeking franchise arrangement with domestic carriers
  • Asian car market has yet to hit bottom: BMW exec
  • Laws preventing Swissair from making compensation
  • Iata seeks meeting of governments to harmonise air rules
  • Ansett may scrap Osaka flights
  • China to make use of aerospace technologies to stimulate economy
  • American Air cancels flights for third day
Features
  • Set to take on the downturn
    Hapag-Lloyd's new managing director in Singapore, Martin von Beoczy, shares his views on the shipping industry
Columns
  • Recent developments show piracy problem can be beaten

Shipping Timesweb site
Shipping News
  • P&I Club sees more business from region
    Mutual insurer expanding S'pore office to cope with demand, transfer of business from UK
  • Keppel completes new drydock in Philippines
  • Delhi mulls over reduction in its SCI stake
Air and Land Transport
  • PAL exploring tie-ups with US, European airlines
    It is also seeking franchise arrangement with domestic carriers
  • Asian car market has yet to hit bottom: BMW exec
  • Laws preventing Swissair from making compensation
  • Iata seeks meeting of governments to harmonise air rules
  • Ansett may scrap Osaka flights
  • China to make use of aerospace technologies to stimulate economy
  • American Air cancels flights for third day
Features
  • Set to take on the downturn
    Hapag-Lloyd's new managing director in Singapore, Martin von Beoczy, shares his views on the shipping industry
Columns
  • Recent developments show piracy problem can be beaten

Sched Netweb site
  • Resurgence in Asian trade
  • High-tech exports the way ahead for China
  • FWL gives Yang Ming the edge
  • Group launches joint service
  • FMC agrees to rule changes
  • Growth surge for reefer lines
  • China confirms this year's aircraft deliveries
  • Air Macau buys its first Airbus
  • American cargo clearance plan hits turbulence
  • Emery forms Thai venture

Cargowebweb site
FEBRUARY 9, 1999
  • P&O Nedlloyd wants to buy Tasman Express
  • Inchcape bought bij investment group Electra Fleming
  • China to delay deliveries by Boeing and Airbus
  • Nedlloyd outsources network to IBM
  • Danzas to purchase New Zealand company

The Journal of Commerceweb site
Home
  • Software firms press for encryption reform
  • Pacific economics won't change, Anera says
  • Shippers seek CURE for rail competition ills
  • Customs announces top leadership changes
  • TMM reorganizes and appoints a new president
  • Consolidated Delivery and Logistics to expand residential delivery
  • Aramex International wins approval for new Indian joint venture
  • Congolese authorities probe cargo plane crash
  • UK shipbroker Braemar completes takeover of Burness Maritime
  • Philippine Airlines seeking alliances with foreign carriers
  • Russia reopens Dudinka port to foreign ships
  • Shuttle International appointed cargo representative of Ukrainian airline
  • Southwest Assoc. of Rail Shippers elects new president
  • Russia's Aeroflot makes a small 1998 profit
Transportation
  • Schenker is shoring up its position in Scandinavia
  • UP, BNSF to open 3 dispatching hubs
  • Northwest simplifies Pacific air cargo rates
  • AA expects to cancel a third of flights
Maritime
  • Ex-official offers new details in Navy fiasco
  • Sea-Land Service will leave Montreal-Europe trade April 1
  • Salvage tug on way to free grounded ship
  • All-water coffee service to Mexico yet to percolate

The Journal of Commerceweb site
Home
  • Software firms press for encryption reform
  • Pacific economics won't change, Anera says
  • Shippers seek CURE for rail competition ills
  • Customs announces top leadership changes
  • TMM reorganizes and appoints a new president
  • Consolidated Delivery and Logistics to expand residential delivery
  • Aramex International wins approval for new Indian joint venture
  • Congolese authorities probe cargo plane crash
  • UK shipbroker Braemar completes takeover of Burness Maritime
  • Philippine Airlines seeking alliances with foreign carriers
  • Russia reopens Dudinka port to foreign ships
  • Shuttle International appointed cargo representative of Ukrainian airline
  • Southwest Assoc. of Rail Shippers elects new president
  • Russia's Aeroflot makes a small 1998 profit
Transportation
  • Schenker is shoring up its position in Scandinavia
  • UP, BNSF to open 3 dispatching hubs
  • Northwest simplifies Pacific air cargo rates
  • AA expects to cancel a third of flights
Maritime
  • Ex-official offers new details in Navy fiasco
  • Sea-Land Service will leave Montreal-Europe trade April 1
  • Salvage tug on way to free grounded ship
  • All-water coffee service to Mexico yet to percolate

The Journal of Commerceweb site
Home
  • Software firms press for encryption reform
  • Pacific economics won't change, Anera says
  • Shippers seek CURE for rail competition ills
  • Customs announces top leadership changes
  • TMM reorganizes and appoints a new president
  • Consolidated Delivery and Logistics to expand residential delivery
  • Aramex International wins approval for new Indian joint venture
  • Congolese authorities probe cargo plane crash
  • UK shipbroker Braemar completes takeover of Burness Maritime
  • Philippine Airlines seeking alliances with foreign carriers
  • Russia reopens Dudinka port to foreign ships
  • Shuttle International appointed cargo representative of Ukrainian airline
  • Southwest Assoc. of Rail Shippers elects new president
  • Russia's Aeroflot makes a small 1998 profit
Transportation
  • Schenker is shoring up its position in Scandinavia
  • UP, BNSF to open 3 dispatching hubs
  • Northwest simplifies Pacific air cargo rates
  • AA expects to cancel a third of flights
Maritime
  • Ex-official offers new details in Navy fiasco
  • Sea-Land Service will leave Montreal-Europe trade April 1
  • Salvage tug on way to free grounded ship
  • All-water coffee service to Mexico yet to percolate

Cyber Shipping Guide - Ocean Commerceweb site
  • Transpacific Conference Unveils Details of Rate Package
  • Japanese Government to Approve Ship Reform Bill

urgente online pressweb site
FEBRUARY 9, 1999
  • Air Plus Argentina echa a volar
  • El puerto de Bilbao recupera el segundo puesto en el ranking nacional
  • La UE obligará a reciclar al máximo los veh'culos fuera de uso
  • Federal Express y sus pilotos firman la paz laboral
  • El control de Martinair por KLM crea dudas en la Comisión Europea
  • Washington quiere abolir los límites para volar a Chicago o Nueva York
  • Aegean Aviation aprovecha el recién liberalizado mercado aéreo griego

The Bunker Bulletinweb site
FEBRUARY 9, 1999
  • Saudi Arabia looks for investment outside upstream oil and gas
  • Japan Energy and Showa Shell in discussions to merge refinery units
  • LUKoil to help increase Ventspils' oil export capacity

Lloyd's Listweb site
  • Banks pay $5m bill to rescue stranded Lygnos seafarers
    BANKS hit by the implosion of the Lygnos family shipping empire are footing an estimated $5m bill to pay off and repatriate seafarers stranded by the collapse, despite claims by at least one crew that it is being denied pay and basic necessities.
  • Setback to Ocean Marine handover
    Ocean Marine Mutual has suffered a serious setback in the handover of its portfolio to the Liverpool & London P&I club, writes Janet Porter.
  • Odfjell expects 1999 break-even
    ODFJELL of Norway, the world's second largest chemical tanker operator, has warned of a break-even result in 1999 after seeing weak freight rates and a demand-side slump knock 48% off annual pre-tax profit.
  • Meyer Werft bullish on sea access plan
    UP to 2,000 workers of German shipbuilder Meyer Werft in Papenburg will be addressed today by the state prime minister of Lower Saxony, Gerhard Glogowski.
  • ITF to step up pressure for Leros Strength compensation
    THE International Transport Workers' Federation yesterday marked the second anniversary of the Leros Strength tragedy by vowing to redouble efforts to win compensation for 12 of the victims' families.
  • US alters rules to remove ships from blacklist
    THE US Office of Foreign Assets Control has implemented new administrative procedures to be followed by shipowners who wish to seek removal of their tonnage from the agency's blacklist of 'blocked vessels'.
  • OECD yards meeting postponed
    THE next meeting of the OECD working party on shipbuilding has been delayed for two months as the industry enters a critical phase for its development.
  • Grimaldi chief urges EU action on port fees
    Port fees and handling costs could be reduced by more than 60% in many European ports, creating the conditions to increase shortsea intra-european trades, according to Italian shipowner Emanuele Grimaldi, managing director of ro-ro specialist Grimaldi Group Naples.

Fairplayweb site
FEBRUARY 9, 1999
  • Keppel Marine plunges into red
    KEPPEL Marine Industries has announced a pre-tax loss of S$12.9m ($7.6m) for 1998 following a collapse in operating profit during the year.
  • Japan/Korea discuss free trade bloc
    JAPAN and South Korea are discussing the establishment of a joint free trade agreement that could form the core of a wider regional trading bloc, according to local reports.
  • P&O Nedlloyd to buy Tasman Express
    P&O Nedlloyd is to acquire the shipping business of Tasman Express Line in a move that would give the Anglo-Dutch operator a 40 per cent share of the trade.
  • UK calls for bunker liability regime
    UK Dept of Transport shipping policy head John Wren today called for "a radical solution to fill the gap in bunker liability."
  • Contship denies Medcenter rumour
    CONTSHIP Europe has denied rumours of plans to sell the majority stake in Medcenter Container Terminal (MCT) at Gioia Tauro.
  • Fast ferry service for Sydney
    SPRAWLING residential development around Sydney has spawned a new ferry service linking the city with northern, dormitory settlements on the New South Wales central coast.
  • Mystery surrounds deaths of repair workers
    AN investigation by Barcelona health services into the mysterious death of two workers carrying out repairs on a Tunisian vessel has yet to determine an exact cause.
  • RSPCA urges Canberra to act on cattle deaths
    THE RSPCA has called on Australian's prime minister to take full responsibility for the deaths of more than 800 cattle while en route to Indonesia last month.
  • Three ships in Valletta accident
    MALTESE-registered general cargo ship Zamosckvorechye is in Valletta Grand Harbour for repairs after an accident involving two other vessels.
  • Milford Haven fine is 'short sharp shock'
    THE '4m ($6.5m) fine imposed on Milford Haven Port Authority has been a "short sharp shock for port authorities throughout the UK," according to a P&I legal adviser.
  • Unioil award $10m Philippine contract
    UNIOIL Corp has awarded the construction contract of the oil firm's 524 m-long bridge for its docking and storage facilities in Mariveles, Bataan to a UK-based company.
  • Lack of horsepower claim for grounding
    TWO US pilots are claiming that a "lack of horsepower" might have been the cause of the grounding of the wood chip carrier New Carissa on February 4.
  • Singapore bullish over chemicals growth
    SINGAPORE trade chiefs are confident that the local chemical industry is set to enjoy a strong year despite scepticism from shipbrokers.
  • Canada detains more ships
    TRANSPORT Canada, the Ottawa body responsible for reporting Port State Control detentions, has revealed that more vessels were detained in 1998.
  • Lorenzo staff lock horns with management
    MORE than 200 seafarers employed by the Filipino operator Lorenzo Shipping Corp have locked horns with management over their collective bargaining agreement.
  • Odfjell issues profits warning
    ODFJELL, the Norwegian chemical carrier group previously known as Storli, has warned of a weak 1999 result after its 1998 pre-tax profit fell sharply.
  • Paradip wins extra funding from ADB
    ASIAN Development Bank (ADB) has agreed to provide more funds to the Indian east coast port of Paradip where mechanised coal handling berths are under construction.

Daily Commercial Newsweb site
  • VRTA worries over dock bypass
    The Victorian Road Transport Association has raised concerns about the $52 million north-south bypass proposed for the Docklands precinct in Melbourne, saying the road works could cause massive disruption to freight traffic movements in the nearby port and rail areas.
    The VRTA, which will meet with Victorian Roads and Ports Minister Geoff Craige next week to discuss the plan, has urged the government to undertake adequate planning of the project to ensure minimal disruption to traffic during the road's construction.
    VRTA executive director Phil Lovel said the VRTA would lobby the government to ensure that the existing road infrastructure in the proposed development area -- particularly Footscray Road -- remained fully open until the bypass was completed and fully functional.
  • Govt rejects fund shortfall claims
    Media speculation that the $250 million allocated by the federal government to cover the cost of waterside worker redundancies could fall short of the total amount claimed by Australia's stevedoring companies, was rejected yesterday by a spokesman for Transport Minister John Anderson.
    According to a wire service report, statements made by the first assistant secretary of the Department of Transport, Greg Feeney, to an estimates committee hearing here on Monday indicated that the redundancy fund had been "rushed by applications from 12 companies" and this threatened to "overload" the fund following a $102 million payout to Patrick Stevedores.
  • P&OP focuses on attitude
    P&O Ports Ltd will expand at the rate of two new sites a year over the next five years and is now poised to enter the North American market, according to its director for Australia and New Zealand Andrew Burgess.
    Mr Burgess spoke yesterday at the Ports, Shipping and Waterfront Reform conference, organised by AIC in Sydney.
    While concentrating on the company's international achievements, Mr Burgess made frequent, negative, comments about the productivity of the Australian waterfront and, in particular, the absence of the proper attitude among the workforce.
  • Rail will be the key to future port development
    Waterfront reform will still be needed long beyond the time when terminal productivity issues have been resolved, according to Maunsell McIntyre's director of port and transport planning Graham Hooper.
    Speaking at the Beyond the Waterfront Reforms conference in Melbourne last week, he said waterfront reform in Australia had become synonymous with stevedoring productivity which focussed on container terminal productivity with performance expressed in terms of crane rates.
  • Inchcape sold to private investors
    Electra Fleming, the international private equity group, has acquired Inchcape Shipping Services (ISS).
    ISS, which claims to be the largest independent shipping agency network, last year itself acquired Australia's Patrick Sleigh Shipping Agencies. ISS provides ship support services for over 30,000 vessels and handles in excess of one and a half million containers each year.

›››File
FROM THE HOME PAGE
COMPANIES
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
PORTS
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
SHIPYARDS
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
PORTS
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
SHIPPING
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
TRADE
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
PORTS
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
SHIPPING
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
PORTS
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
RAILWAY TRANSPORT
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
TRADE
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
ACCIDENTS
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
PORTS
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
PORTS
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
PORTS
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
SHIPYARDS
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
PIRACY
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
LAW
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
PORTS
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
SHIPPING
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
PORTS
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
PORTS
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
COMPANIES
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
ACCIDENTS
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
PORTS
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
COMPANIES
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
PORTS
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
PORTS
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
PORTS
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
PORTS
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
PORTS
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
SHIPPING
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
SHIPPING
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
SHIPPING
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
PORTS
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
SHIPPING
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
ACCIDENTS
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
SHIPPING
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
SHIPYARDS
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
SHIPPING
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
CRUISES
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
ACCIDENTS
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
SHIPPING
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
ACCIDENTS
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
LOGISTICS
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
SHIPPING
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
CRUISES
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
SHIPPING
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
SHIPPING
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
PORTS
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
RAILWAY TRANSPORT
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
PORTS
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
CRUISES
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
SHIPYARDS
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
PORTS
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
SHIPPING
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
CRUISES
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
SHIPPING
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PORTS
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
PORTS
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
RAILWAY TRANSPORT
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
SHIPYARDS
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
SHIPYARDS
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
SHIPYARDS
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
ACCIDENTS
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
CRUISES
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
PORTS
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
INDUSTRY
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
ACCIDENTS
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
PORTS
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
ACCIDENTS
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
INDUSTRY
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
INDUSTRY
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COMPANIES
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
COMPANIES
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
SHIPYARDS
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
SHIPPING
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
SHIPYARDS
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
SHIPPING
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
SHIPPING
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
MOURNING
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
NEWS
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
PORTS
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
PORTS
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
PORTS
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
PORTS
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
INTERMODAL TRANSPORT
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
LOGISTICS
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
PORTS
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
CRUISES
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
PORTS
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
PORTS
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
SHIPPING
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
SHIPPING
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
PORTS
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
PORTS
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
INDUSTRY
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
SHIPPING
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
PORTS
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
SHIPPING
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
COMPANIES
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
MOURNING
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
PORTS
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
PORTS
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
PORTS
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
COMPANIES
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
PORTS
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
PORTS
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
LOGISTICS
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
LOGISTICS
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
SHIPPING
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
PORTS
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
SHIPPING
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
SHIPPING
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
ACCIDENTS
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
PORTS
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
PORTS
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
INTERMODAL TRANSPORT
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
PORTS
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
ACCIDENTS
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
COMPANIES
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
SHIPPING
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
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
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
MEETINGS
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
PORTS
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
PORTS
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
PORTS
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
EDUCATION
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
INTERMODAL TRANSPORT
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
TRANSPORTATION
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
ACCIDENTS
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
INFRASTRUCTURE
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
LOGISTICS
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
LOGISTICS
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
PORTS
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
COMPANIES
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
PORTS
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
PORTS
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
INDUSTRY
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
PORTS
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
LOGISTICS
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
ASSOCIATIONS
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
PORTS
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
FREIGHT TERMINALS
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
INDUSTRY
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
OFFSHORE
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
LOGISTICS
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
ASSOCIATIONS
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
SHIPPING
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
EDUCATION
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
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