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Independent journal on economy and transport policy
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BRIEFS
February 24, 1999
Shipping Timesweb site
Shipping News
  • Crisis-hit shipowners leaving crew in the lurch
    Bankrupt companies abandoning crew, a worrying trend, says ITF
  • Industry-wide effort needed to get small yards to merge
  • Marshall Islands is world's 10th largest shipping registry
  • Korean shipping lines not Y2K compliant yet
Air and Land Transport
  • Air China in talks on joining global alliance
    KLM, Alitalia and Northwest meet China airline for exploratory talks
  • US firm fined for mishandling hazardous materials
  • Japanese cars target of US thieves
  • America West cancels sale
  • FedEx strike costs less than expected
  • American Airlines pilots union seen likely to file grievance
Features
  • Making best of both worlds
    APL chief is now implementing plans to transform the group into a world container line and logistics leader
Columns
  • Harbour pilots will come under closer scrutiny in future

Shipping Timesweb site
Shipping News
  • Crisis-hit shipowners leaving crew in the lurch
    Bankrupt companies abandoning crew, a worrying trend, says ITF
  • Industry-wide effort needed to get small yards to merge
  • Marshall Islands is world's 10th largest shipping registry
  • Korean shipping lines not Y2K compliant yet
Air and Land Transport
  • Air China in talks on joining global alliance
    KLM, Alitalia and Northwest meet China airline for exploratory talks
  • US firm fined for mishandling hazardous materials
  • Japanese cars target of US thieves
  • America West cancels sale
  • FedEx strike costs less than expected
  • American Airlines pilots union seen likely to file grievance
Features
  • Making best of both worlds
    APL chief is now implementing plans to transform the group into a world container line and logistics leader
Columns
  • Harbour pilots will come under closer scrutiny in future

Shipping Timesweb site
Shipping News
  • Crisis-hit shipowners leaving crew in the lurch
    Bankrupt companies abandoning crew, a worrying trend, says ITF
  • Industry-wide effort needed to get small yards to merge
  • Marshall Islands is world's 10th largest shipping registry
  • Korean shipping lines not Y2K compliant yet
Air and Land Transport
  • Air China in talks on joining global alliance
    KLM, Alitalia and Northwest meet China airline for exploratory talks
  • US firm fined for mishandling hazardous materials
  • Japanese cars target of US thieves
  • America West cancels sale
  • FedEx strike costs less than expected
  • American Airlines pilots union seen likely to file grievance
Features
  • Making best of both worlds
    APL chief is now implementing plans to transform the group into a world container line and logistics leader
Columns
  • Harbour pilots will come under closer scrutiny in future

Shipping Timesweb site
Shipping News
  • Crisis-hit shipowners leaving crew in the lurch
    Bankrupt companies abandoning crew, a worrying trend, says ITF
  • Industry-wide effort needed to get small yards to merge
  • Marshall Islands is world's 10th largest shipping registry
  • Korean shipping lines not Y2K compliant yet
Air and Land Transport
  • Air China in talks on joining global alliance
    KLM, Alitalia and Northwest meet China airline for exploratory talks
  • US firm fined for mishandling hazardous materials
  • Japanese cars target of US thieves
  • America West cancels sale
  • FedEx strike costs less than expected
  • American Airlines pilots union seen likely to file grievance
Features
  • Making best of both worlds
    APL chief is now implementing plans to transform the group into a world container line and logistics leader
Columns
  • Harbour pilots will come under closer scrutiny in future

Sched Netweb site
  • China aims to streamline shipbuilding industry
  • Dongnama to begin new Southeast Asian service
  • Conflo announces lower rates to Black Sea
  • New owner for Inchcape
  • ACS Logistics aims for total global visibility
  • Contract awarded for disarmaments deal
  • Danzas sale to Deutsche Post gains approval
  • Hellmann eyes Asian markets
  • Shenzhen service delayed
  • Kitty Hawk posts 125 pc profits increase

Cargowebweb site
FEBRUARY 23, 1999
  • 'KLM in alliance with Air France'
  • France Telecom shares rise
  • Schenker-BTL starts new Eurohub
  • Volvo no longer talking with Scania
  • Hack at Vaart

The Journal of Commerceweb site
Home
  • Sea-Land says restructuring under review
  • Home Depot building on shipping reform
  • Mexico passes China in textile exports to the United States
  • Agency suggests end to ban on pork from two Mexican states
  • DiGregorio Family sells Amazon Lines
  • Venezuelan government puts tax officials in charge of customs activities
  • Customs to contract for ACE development
  • Hyundai Merchant Marine revises South Atlantic service
  • Former Caliber exec launches his own logistics company
  • Farrell Lines names new West Coast agent
  • Ogden Corp. makes first Mideast investment by buying stake in Arab cargo airline
  • Harmon expands its Mexican business
  • Cardinal Freight Carriers boosts driver pay to 37 cents a mile
  • Survey says: Transport companies plan new software spending
  • Consortium backed by RailAmerica wins bid to buy Australia's Victorian railway
Transportation
  • Deutsche Post seals Danzas deal, moves to get Trans-o-flex
  • EVA Airways sees profit dive in 1998
  • Railroads, shippers won't appeal STB's Texas ruling
Maritime
  • World maritime trade up 2.2%, hurt by Asia woes
  • Zim increases presence in China with Xingang call
  • Kingston pilot strike affects transshipments
  • Rhine floods snarl barge traffic
  • Kvaerner posts pretax loss of $170 million
  • Containership market report

The Journal of Commerceweb site
Home
  • Sea-Land says restructuring under review
  • Home Depot building on shipping reform
  • Mexico passes China in textile exports to the United States
  • Agency suggests end to ban on pork from two Mexican states
  • DiGregorio Family sells Amazon Lines
  • Venezuelan government puts tax officials in charge of customs activities
  • Customs to contract for ACE development
  • Hyundai Merchant Marine revises South Atlantic service
  • Former Caliber exec launches his own logistics company
  • Farrell Lines names new West Coast agent
  • Ogden Corp. makes first Mideast investment by buying stake in Arab cargo airline
  • Harmon expands its Mexican business
  • Cardinal Freight Carriers boosts driver pay to 37 cents a mile
  • Survey says: Transport companies plan new software spending
  • Consortium backed by RailAmerica wins bid to buy Australia's Victorian railway
Transportation
  • Deutsche Post seals Danzas deal, moves to get Trans-o-flex
  • EVA Airways sees profit dive in 1998
  • Railroads, shippers won't appeal STB's Texas ruling
Maritime
  • World maritime trade up 2.2%, hurt by Asia woes
  • Zim increases presence in China with Xingang call
  • Kingston pilot strike affects transshipments
  • Rhine floods snarl barge traffic
  • Kvaerner posts pretax loss of $170 million
  • Containership market report

The Journal of Commerceweb site
Home
  • Sea-Land says restructuring under review
  • Home Depot building on shipping reform
  • Mexico passes China in textile exports to the United States
  • Agency suggests end to ban on pork from two Mexican states
  • DiGregorio Family sells Amazon Lines
  • Venezuelan government puts tax officials in charge of customs activities
  • Customs to contract for ACE development
  • Hyundai Merchant Marine revises South Atlantic service
  • Former Caliber exec launches his own logistics company
  • Farrell Lines names new West Coast agent
  • Ogden Corp. makes first Mideast investment by buying stake in Arab cargo airline
  • Harmon expands its Mexican business
  • Cardinal Freight Carriers boosts driver pay to 37 cents a mile
  • Survey says: Transport companies plan new software spending
  • Consortium backed by RailAmerica wins bid to buy Australia's Victorian railway
Transportation
  • Deutsche Post seals Danzas deal, moves to get Trans-o-flex
  • EVA Airways sees profit dive in 1998
  • Railroads, shippers won't appeal STB's Texas ruling
Maritime
  • World maritime trade up 2.2%, hurt by Asia woes
  • Zim increases presence in China with Xingang call
  • Kingston pilot strike affects transshipments
  • Rhine floods snarl barge traffic
  • Kvaerner posts pretax loss of $170 million
  • Containership market report

Cyber Shipping Guide - Ocean Commerceweb site
  • Independent Lines Unveil Rate Hike Plan
  • JSC, FESAMEC Talks over THC Come to End
  • TWRA to Adjust CAF, FAF for April/June Period
  • Asean Shippers Call for Gov. Intervention on Rate Hikes

Exim Indiaweb site
  • EC imposes 40.2 pc dumping duty on Indian steel wire ropes
  • India seeks more crude oil; link-ups with UAE
  • KLM Airlines scouts for cold chain logistics in India
  • CVD mooted on all telecom gear imports
  • Toll at 5 Mumbai entry points proposed
  • Fund to promote 'Made in India' brand goods image launched
  • Pepper exchange body plans $ trading norms
  • Mumbai-Pune expressway by Jan. 2000
  • Steel import floor price under probe
  • Handicraft exports move up
  • Sweet season ahead for grape exporters
  • Karnataka sops for SSIs
  • Heavy imports tell on silk yarn prices
  • FAO sees fall in cereal output
  • Fert. consortium for LNG imports under study
  • Tap farm export potential, Minister tells industry
  • ECU-Line expands in Spain
  • India, Pak chambers get down to brass tacks
  • Govt to thrash out dumping issue with European Union
  • Apeda to test g'nut consignments for aflatoxin
  • Expectations from the Union Budget - III

The Bunker Bulletinweb site
FEBRUARY 23, 1999
  • LUKoil and Hellenic Petroleum plan joint venture
  • Venezuela promises production cut compliance "within days"
  • Decision about closure of Shell refinery in Norway expected on Friday

Marine Logweb site
FEBRUARY 23, 1999
  • American Classic to pay more for cruise ships
    In a filing yesterday for an offering of 3 million common shares, American Classic Voyages Co. (AMCV) revealed that it has significantly increased the amount it expects to spend for two "world class" cruise ships.
  • First Wave gets barge contract
    FirstWave's Newpark Shipbuilding has been awarded a contract by Canal Barge Company, Inc. of New Orleans, Louisiana, for the construction of ten double skin tank barges
  • Senior management appointments at CP Ships

Cargonews Asiaweb site
FEBRUARY 22, 1999
  • PSA doubles stake in Aden terminal
  • Bintulu opens for business
  • Cape Line to link Oceania
  • Americana sets sail
  • Replacement set for March
  • Khorfakkan aims for the million mark
  • Plan offers dockers shareholding in ports
  • Antwerp hits new high
  • Bangkok bandits stymie PAT clean up
  • North Port at top of the list

Lloyd's Listweb site
  • Kvaerner facing big shipbuilding losses
    KVAERNER, Europe's largest shipbuilder, has admitted it faces significant losses on the construction of the world's biggest cruiseships which it has under construction for Royal Caribbean Cruises.
  • Govan may get MoD ferries lifeline
    ON THE day poor results seemingly left a questionmark over unprofitable Kvaerner yards, Britain's Ministry of Defence gave a massive hint that a major ferry order could go to the company's Kvaerner Govan facility, writes David Osler.
  • Liner slowdown leaves Wilhelmsen unchanged
    A slowdown in the last two months of 1998 for its flagship liner division left annual operating profits at Norwegian shipping group Wilhelm Wilhelmsen unchanged from a year earlier.
  • Burst banks
    THE Deutsches Eck square in Koblenz at the confluence of the rivers Moselle and Rhine was flooded yesterday after heavy rains affected inland waterways around the Rhine, leaving some barge traffic unable to move beyond Duisburg.
  • Metric plans go pear-shaped
    THE NEW mandarins of the European Commission in Brussels are often accused of having a mania for standardisation, but as regards measurements of length, weight and volume in the shipping industry, they have hit two seemingly insurmountable obstacles: the irregular shape of the Earth and American tradition.
  • Benefits move by Polish register
    POLSKI Rejestr Stakow, the Polish register of shipping, is making a determined attempt to restore cargo insurance benefits lost after changes in its international status.
  • UK repairers call for level playing field
    UNFAIR competition threatens to prevent the UK's resurgent shiprepair and conversion industry from achieving its full potential, the country's two leading yards warned yesterday.
  • Developing nations hold on to share of seaborne trade
    DEVELOPING countries as a whole have maintained their share of world seaborne trade, despite contraction in several Asian economies and fluctuations in Africa, a new report has indicated.

Fairplayweb site
FEBRUARY 23, 1999
  • Russia to slash steel exports to US
  • New AESA chief named
  • Kværner axes dividend as profits plunge
  • MarAd mission tackles Brazilian incentives
  • Koreans arrest hijack mastermind
  • St Lawrence re-opening date announced
  • Austal to acquire troubled rival
  • Sembawang Marine to quit shipping
  • Keppel Cairncross accord brings hope
  • Asian shippers call for aid
  • Hvide profits collapse
  • LA sets cruise throughput record
  • ABP lifts profits to '110m
  • Dibden Bay work could begin in 2002
  • Germany calls for towage bids
  • Wilh Wilhelmsen issues earnings warning

Daily Commercial Newsweb site
  • UA hitting BHPT vessels
    THE BHP Transport fleet will be hit by industrial action as a result of the company's decision to pull out of the trans-Tasman.
    DCN sources confirmed yesterday that members of the Maritime Union of Australia intended to take protected industrial action on two vessels, the Iron Yandi in Port Kembla and the Iron Sturt at Risdon.
    The action will be taking place over the next few days and is expected to delay the sailing of each vessel by 24 hours.
    It is likely that other vessels could also be affected as part of this rolling action which is to protest against the withdrawal of two of the company's ships, the Iron Flinders and the Tasman Chief.
  • NR, BHP steeled for the long haul
    NATIONAL Rail has signed a massive $1.5 billion contract with its biggest customer BHP for the transport of steel products between BHP Steel's main manufacturing and distribution centres across Australia.
    BHP and NR yesterday announced that the new agreement -- the largest single steel movement in Australia with potential for up to 750,000 tonnes a year -- would operate from 1 July 1999 until the end of 2007.
  • UK pulls ahead of Aust for Howard Smith Towage
    Howard Smith has posted an 11 per cent increase in its net profit to $52.6 million, for the six months to 31 December 1998, compared to $47.25 million in the same period in the last financial year.
    The company's half year profit is almost reached its 1997-98 annual net profit of $64.42 million.
    Directors says a dividend of 17 cents a share will be paid on 1 April.
    The company says restructuring changes in the first half, including the divestment or closure of non-profitable operations in the engineering division, sale of the ships agency business, and new business integration, boosted pre-tax earnings.
  • Patrick profits revive
    Patrick Stevedores parent Lang Corp has released unaudited profit figures for the first quarter to 31 December, 1998, showing net earnings of $10.1 million.
    Profit before interest and tax was $18.30 million while the pre-tax outcome was $13.80 million, chairman Gilles Kryger told shareholders at the company's annual general meeting in Sydney.
    "This improvement in profit goes some way to restoring the balance sheet and providing a more satisfactory return on funds employed than has been our experience in the past," he said.
  • V/Line losers vow continued interest
    TWO of the losing shortlisted bidders in the Victorian government's bumper $163 million V/Line Freight sale have expressed disappointment in the outcome, but vowed to continue expansion across Australia's rail freight network.
    Industry observers have also questioned whether the successful bidder, Freight Victoria, would be able to make a satisfactory return on its investment, given that its bid was $43 million more than its nearest rival.
    Tranz Rail, part of the losing Australian Transport Network group, confirmed in a statement that ATN bid a non-conditional and fully-financed price of $120 million for the freight business.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
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Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
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%)
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.
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