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Independent journal on economy and transport policy
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November 19, 2002
Shipping Timesweb site
Shipping News
  • Japan's 3 big lines hit by profit slump
    JAPAN's three major shipping lines suffered severe first half profit slumps, but two of them, Kawasaki Kisen Kaisha Line and Mitsui OSK Lines , were more upbeat about the next six months.
  • Containership turns into fireball
  • EC exempts shipping cartel from curbs
  • Spain escapes ecological tragedy for now
  • Patrick Corp's H2 earnings expected to surge 76%
Air and Land Transport
  • Aussie govt clips wings of air safety watchdog
    AUSTRALIA's government announced yesterday that it was taking direct control of the nation's air safety agency, which has come under scrutiny in recent years after a spate of deadly crashes.
  • United to cut 9,000 jobs, capacity, in loan bid
  • Federal airport screeners take over checking air passengers
  • 2nd Viet airline plans flights to S'pore
  • Garuda pins hopes on new Shanghai route
Features
  • Sweden rebuilding Gotheborg, its 18th Century glory ship
    PIRATES, plunder, treasure and trade will come to life again when a Swedish company completes building a replica of the country's most famous 18th Century merchant ship.
  • Breaking up is hard to do

Shipping Timesweb site
Shipping News
  • Japan's 3 big lines hit by profit slump
    JAPAN's three major shipping lines suffered severe first half profit slumps, but two of them, Kawasaki Kisen Kaisha Line and Mitsui OSK Lines , were more upbeat about the next six months.
  • Containership turns into fireball
  • EC exempts shipping cartel from curbs
  • Spain escapes ecological tragedy for now
  • Patrick Corp's H2 earnings expected to surge 76%
Air and Land Transport
  • Aussie govt clips wings of air safety watchdog
    AUSTRALIA's government announced yesterday that it was taking direct control of the nation's air safety agency, which has come under scrutiny in recent years after a spate of deadly crashes.
  • United to cut 9,000 jobs, capacity, in loan bid
  • Federal airport screeners take over checking air passengers
  • 2nd Viet airline plans flights to S'pore
  • Garuda pins hopes on new Shanghai route
Features
  • Sweden rebuilding Gotheborg, its 18th Century glory ship
    PIRATES, plunder, treasure and trade will come to life again when a Swedish company completes building a replica of the country's most famous 18th Century merchant ship.
  • Breaking up is hard to do

Shipping Timesweb site
Shipping News
  • Japan's 3 big lines hit by profit slump
    JAPAN's three major shipping lines suffered severe first half profit slumps, but two of them, Kawasaki Kisen Kaisha Line and Mitsui OSK Lines , were more upbeat about the next six months.
  • Containership turns into fireball
  • EC exempts shipping cartel from curbs
  • Spain escapes ecological tragedy for now
  • Patrick Corp's H2 earnings expected to surge 76%
Air and Land Transport
  • Aussie govt clips wings of air safety watchdog
    AUSTRALIA's government announced yesterday that it was taking direct control of the nation's air safety agency, which has come under scrutiny in recent years after a spate of deadly crashes.
  • United to cut 9,000 jobs, capacity, in loan bid
  • Federal airport screeners take over checking air passengers
  • 2nd Viet airline plans flights to S'pore
  • Garuda pins hopes on new Shanghai route
Features
  • Sweden rebuilding Gotheborg, its 18th Century glory ship
    PIRATES, plunder, treasure and trade will come to life again when a Swedish company completes building a replica of the country's most famous 18th Century merchant ship.
  • Breaking up is hard to do

Sched Netweb site
  • Hanjin's founder Cho Choong-hoon dies
  • CMA CGM, P&O to become France's largest port operator
  • K Line adopts total vessel performance analysis system
  • ICTSI develops its first terminal monitoring software
  • Felixstowe relaunches web site
  • Transnautic to market Khalifa Airways services in Germany
  • AirNet Systems welcomes Bruce Parker on board
  • KLM to launch electronic flight bag on new Boeing 777s

Cargowebweb site
NOVEMBER 18, 2002
  • About 10,000 exit at United
    United Airlines is expecting to return to profit in 2004 through a financial restructuring in which around 9,000 till 10,000 jobs will be cut by 2004.
  • TPG up on price decision ministry
    Although the Ministry of Economic Affairs today announced its decision on postal tariff regulation until 2007, and TNT Post, the monopoly in postal services in The Netherlands complained about it, shares won more than 5 per cent at the Amsterdam Stock Exchange.
  • P&O Ports volumes rose 14 per cent
    P&O Ports, one of the world's biggest ports operators saw its ports' container volumes rose 14 per cent in the third quarter 2002. P&O's contract logistics business, which it is trying to sell, remained sluggish.
  • Atlas Air up 23 per cent on strong results
    Shares of Atlas Air Worldwide Holdings jumped 23 per cent Friday after the air freight concern reported revenue of $290.8 million, up from $150.7 million a year earlier
  • Agreement U.S. Postal and union
    The U.S. Postal Service and American Postal Workers Union reached tentative agreement on a two-year contract extension for 366,000 workers, with a 1.3 per cent wage increase in 2003 and in 2004, as well as four cost-of-living boosts by late 2005.

The Bunker Bulletinweb site
NOVEMBER 18, 2002
  • Daily Bunker market report from Praxis Energy Agents
  • Prestige oil hits Spanish coast, bigger disaster still feared
  • New port complex stiffens competition in Baltic bunker market
  • Crude gains but still room for further weakness?
  • Copec boosts central Chile barge fleet
  • Tanker carrying fueloil to Rotterdam runs aground near Denmark
  • Rotterdam opens steady despite firmer crude

International Transport Journalweb site
NOVEMBER 18, 2002
  • LCL Group starts LA/Caribbean service ex-India via Miami and is appointed exclusive partner of Econocaribe Consolidators
  • JAL, JAS post profits in first half
  • John Nuriminem acquires Atlans' business operations
  • EIA unveils finalists for the 3rd Annual Intermodal Awards
  • SembLog Orient Caspian forms joint venture with Azpetrol
  • K Line's interim net income drops 35%
  • US Government warns workers and bosses to keep ports open
  • P&O Nedlloyd takes operating loss of USD 46 million for Q3
  • Cathay hauls 14pc more freight in October
  • Air France and Alitalia develop alliance

Marine Logweb site
NOVEMBER 18, 2002
  • Landmark maritime security legislation set for signature
    The Maritime Security Act of 2002 (S. 1214) has been passed by both Houses of Congress. What's in it?
  • Bangladesh takes firm line on fire safety
    If your vessel is headed for Bangladesh, be sure that it's in compliance with the latest SOLAS fire safety requirements
  • Newbuilding quality issues
    High level meeting in Shanghai

The East Africanweb site
NOVEMBER 18, 2002
  • Somali Piracy: Ships Switch to War Cover

Lloyd's Listweb site
  • Clydeport urges 'yes' vote to Peel £184m takeover bid
    Clydeport, Scotland's leading west coast ports group, is recommending a £184m ($276m) takeover bid from Peel Holdings, the property and airports group which owns the Manchester Ship Canal.
  • AkerKvaerner in six boxship deal for Iran
    TWO German yards belonging to the AkerKvaerner group have received an order from Iran for six 2,500 teu boxships, worth $205m.
  • Aznar threatens legal action over Prestige
    SPANISH prime minister Jose Maria Aznar weighed into the Prestige incident yesterday, saying last night that Spain would take the necessary "legal and political measures when the right time comes".
  • Speed up ship safety measures says Brussels
    THE European Commission does not believe that the Prestige casualty raises the need for new European measures to further tighten maritime safety standards, but rather the acceleration and stricter implementation of existing legislation, writes Brian Reyes in Gibraltar.

Fairplayweb site
NOVEMBER 18, 2002
  • Universe backs master's actions
  • Frontline shows 3Q weakness
  • Military 'would be a disaster'
  • Clydeport board backs take-over bid
  • Industrialists hit out at owners
  • Fireworks shake stricken boxship
  • Actinor has no work for cruise ship
  • Three years since PSC saw Prestige
  • WG&A becomes Aboitiz Transport
  • Fjord Line rejoins united Colors
  • Italian seafarers to strike
  • CMA CGM, P&O Ports to link up
  • Pindar safe after grounding
  • UAE carrier to raise $120M
  • Johor's hub plans taking shape
  • Hanjin founder dies
  • Prestige captain in custody

The Journal of Commerceweb site
NOVEMBER 18, 2002
  • Happy holidays? ILWU exec says West Coast deal could happen by year-end
    An International Longshore and Warehouse Union official said that he is "cautiously optimistic" a West Coast labor contract could be in place by late December.
  • Providers told to take lead on issues over intermodal equipment safety
    A coalition of trucking interests and organized labor is prodding state legislatures to shift responsibility for safe intermodal equipment from motor carriers to the companies that provide chassis, trailers and containers.
  • EU in bid for open-skies deal
  • Iraq fears spur tanker rate surge
  • Record year for Guangzhou
  • BNSF, NS roll out transcon perishable service
  • Senate confirms STB, FMC picks
  • Vastera's Rishi named to Integres board
  • Trio of interested buyers for SCI
  • P&O to expand Pakistan terminal
  • Long voyage for port security bill
  • Mixed results for U.S.-Puerto Rico lines

Antwerpse Lloyd n.v.web site
  • Mærsk Sealand va aligner six PC de 4.500 TEU sur l’Amérique du Sud côte Est
    Une fois de plus ça bouge sur le secteur de trafic Europe du Nord-côte est de l’Amérique du Sud. Cette fois c’est Mærsk Sealand qui prend l’initiative, manoeuvre qui ne va pas sans créer inquiétude et appréhension parmi les autres armements opérant sur cette route, alors que ce marché est déjà très difficile, suite à la déplorable situation économique dans laquelle se trouvent l’Argentine, l’Uruguay et le Brésil. L’armement danois va remplacer ses moyens d’actions en alignant 6 PC de 4.500 TEU, qui remplacent d’une part les 4 unités de 2.800 TEU qui assurent son service propre au départ de l’Europe du Nord, et d’autre part 2 PC de 2.000 TEU qu’il aligne dans un des deux loops assuré avec 6 PC de cette taille par le groupe Hamburg Süd/ALiança/CMA CGM. Mærsk se retire de cette dernière configuration au début de l’année prochaine.
  • L’ECG estime que le programme Marco Polo est discriminatoire
    Marco Polo, le programme de la Commission européenne destiné à promouvoir les services de transport non routiers, est discriminatoire à l’égard de certains types de transport, dont celui des véhicules finis. C’est ce qui est ressorti des travaux de l’ECG (European Car-Transport Group of Interest), qui a tenu sa conférence annuelle la semaine passée à Prague. Les sociétés de tansport et de logistique de véhicules, y ont constaté que plusieurs développements actuels et futurs, affectant le secteur, constituent des défis importants pour eux.
  • Les chargeurs ne veulent pas s’en remettre à la décision de la Commission sur la TACA
    L’European Shippers’ Council (ESC), qui s’est toujours opposée au système de conférence, a clairement manifesté son mécontentement quant à la décision de la Commission d’accorder à la conférence Revised TACA (TACA-II) une nouvelle exemption aux règles européennes de concurrence sur base de la directive 4056 de 1986. Selon la secrétaire-générale de l’ESC, Nicolette van der Jagt, un appel contre cette décision fait partie des possibilités, mais son organisation ne se prononcera pas en la matière avant d’avoir étudié en détail le texte de la Commission. L’ESC déclare aussi qu’on ne peut considérer l’approbation de la TACA-II comme un modèle pour les conférences actives sur d’autres marchés.
  • Lagermax et V.T.E. signent un contrat de coopération exclusif
    L’entreprise de transport et d’expédition néerlandaise V.T.E. de Venlo a resserré ses liens avec son partenaire autrichien Lagermax au sein du réseau 24plus. Des liaisons quotidiennes sont proposées entre Venlo d’une part et Salzbourg, Vienne, Linz et Graz d’autre part depuis lundi dernier. Salzbourg sera éventuellement utilisé comme hub pour les pays d’Europe de l’Est par V.T.E.

TradeWindsweb site
NOVEMBER 18, 2002
  • Stena AB returns to high-yield bond market
    Firm to take advantage of upturn in bond market to refinance two earlier issues.
  • US tops up Coast Guard coffers
    US agency will have $6bn to play with next year as the government steps up the fight on terrorism.
  • Star Cruises ups returns
    Cruise giant improves fortunes on increased capacity, higher occupancy, and cost savings.
  • Volgaflot earmarks bond cash for fleet make-over
    Russian owner plans capacity increase and upgrade for 67 vessels.
  • Spain sets EUR 3m bail on Prestige master
    Tanker begins to leak oil again as political row over vessel deepens.
  • Interim losses widen at IHI
    Japanese shipbuilder hit by strong yen and weak sales at aircraft parts division.
  • Frontline renegotiates BP charters
    Losses mount but John Fredriksen's tanker giant is hopeful of better fourth quarter.
  • Aker MTW in boxship bonanza
    German shipbuilder follows partner yard Warnow Werft in securing vital order.
  • Master arrested as Prestige deteriorates
    Skipper taken into custody for allegedly delaying salvage effort as tanker's condition worsens.
  • Clydeport selling out to Peel
    Four Scottish ports plus feedership service to be bought by manager of Manchester Ship Canal.
  • Wallem tanker refloated off Denmark
    No pollution reported from OBO Pindar, which went aground off Danish island of Laesoe.
  • Hanjin founder Cho Choong-hoon dies
    Transport-focused chaebol chief believed in hard-work and dedication.
  • Conrad inks Alaskan ferry newbuilding
    Southern United States shipbuilder takes order backlog to record $40m with domestic ro-pax deal.
  • Five caught in ITF Aussie campaign
    Union blitz rakes in $280,000 in back pay plus wage rises for another 1,000 "underpaid" crew.
  • Wartsila and Mitsubishi in engine tie-up
    Long-term collaborators to jointly develop new low-speed marine diesel engine.

›››File
FROM THE HOME PAGE
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.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
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
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%)
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%
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%
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%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
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%)
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.
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
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
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
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
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%.
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.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
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.
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
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
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.
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
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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%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
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
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%
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.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
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
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
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
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
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
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
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"
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
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
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
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
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
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
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.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
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