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Independent journal on economy and transport policy
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BRIEFS
September 24, 2003
Shipping Timesweb site
Shipping News
  • Cosco Pacific H1 profit rises 5.4%
    CHINA-backed Cosco Pacific Ltd reported a 5.4 per cent rise in first-half net profit on Monday as the ports operator expanded its container leasing operation, the world's fifth largest.
  • PSA's Tuticorin terminal volumes up 4.3% in first qtr
    PSA Corporation's key Indian venture at Tuticorin scraped together a 4.3 per cent volume growth in the first quarter of this financial year, after its loss of some box traffic in FY2002 alarmed officials.
  • Oil tanker rates may rise for 7th week on Oct bookings
    OIL tanker rates in the Persian Gulf may rise for a seventh week as charterers make inquiries for vessels to load crude oil in October, prompting shipowners to raise freight costs.
  • Lanka Maritime says fuel deal with BP in pipeline
    LANKA Maritime Services, a unit of Sri Lanka's national shipping company, said it may start buying fuel from BP plc's Singapore trading unit to supply vessels in Colombo and nearby ports.
Air and Land Transport
  • S'pore air cargo sector lauds relaxed rules with Australia
    SINGAPORE's air cargo industry has welcomed yesterday's air services agreement with Australia, that effectively eliminates all restrictions on freight flights between and beyond both countries except the US.
  • Swiss inks deal with BA to join Oneworld
  • US regulators urged to take action against jetBlue
  • Passengers want 'young, pretty' female crew: MAS
  • Heathrow Express faces strikes next month
  • Delta Air Lines launches fare sale, others match
Strait Talk
  • Hard bargaining ahead on new pay deal for seafarers
    AS you read this, a meeting should be underway in Cyprus that is part of the process of thrashing out a new international wage bargaining system for shipping.
Port Shots
  • Port Shots
    THE ports unit of Hong Kong conglomerate Hutchison Whampoa is in talks to boost its investment in the Chinese port of Ningbo, The Standard newspaper reported.

Shipping Timesweb site
Shipping News
  • Cosco Pacific H1 profit rises 5.4%
    CHINA-backed Cosco Pacific Ltd reported a 5.4 per cent rise in first-half net profit on Monday as the ports operator expanded its container leasing operation, the world's fifth largest.
  • PSA's Tuticorin terminal volumes up 4.3% in first qtr
    PSA Corporation's key Indian venture at Tuticorin scraped together a 4.3 per cent volume growth in the first quarter of this financial year, after its loss of some box traffic in FY2002 alarmed officials.
  • Oil tanker rates may rise for 7th week on Oct bookings
    OIL tanker rates in the Persian Gulf may rise for a seventh week as charterers make inquiries for vessels to load crude oil in October, prompting shipowners to raise freight costs.
  • Lanka Maritime says fuel deal with BP in pipeline
    LANKA Maritime Services, a unit of Sri Lanka's national shipping company, said it may start buying fuel from BP plc's Singapore trading unit to supply vessels in Colombo and nearby ports.
Air and Land Transport
  • S'pore air cargo sector lauds relaxed rules with Australia
    SINGAPORE's air cargo industry has welcomed yesterday's air services agreement with Australia, that effectively eliminates all restrictions on freight flights between and beyond both countries except the US.
  • Swiss inks deal with BA to join Oneworld
  • US regulators urged to take action against jetBlue
  • Passengers want 'young, pretty' female crew: MAS
  • Heathrow Express faces strikes next month
  • Delta Air Lines launches fare sale, others match
Strait Talk
  • Hard bargaining ahead on new pay deal for seafarers
    AS you read this, a meeting should be underway in Cyprus that is part of the process of thrashing out a new international wage bargaining system for shipping.
Port Shots
  • Port Shots
    THE ports unit of Hong Kong conglomerate Hutchison Whampoa is in talks to boost its investment in the Chinese port of Ningbo, The Standard newspaper reported.

Shipping Timesweb site
Shipping News
  • Cosco Pacific H1 profit rises 5.4%
    CHINA-backed Cosco Pacific Ltd reported a 5.4 per cent rise in first-half net profit on Monday as the ports operator expanded its container leasing operation, the world's fifth largest.
  • PSA's Tuticorin terminal volumes up 4.3% in first qtr
    PSA Corporation's key Indian venture at Tuticorin scraped together a 4.3 per cent volume growth in the first quarter of this financial year, after its loss of some box traffic in FY2002 alarmed officials.
  • Oil tanker rates may rise for 7th week on Oct bookings
    OIL tanker rates in the Persian Gulf may rise for a seventh week as charterers make inquiries for vessels to load crude oil in October, prompting shipowners to raise freight costs.
  • Lanka Maritime says fuel deal with BP in pipeline
    LANKA Maritime Services, a unit of Sri Lanka's national shipping company, said it may start buying fuel from BP plc's Singapore trading unit to supply vessels in Colombo and nearby ports.
Air and Land Transport
  • S'pore air cargo sector lauds relaxed rules with Australia
    SINGAPORE's air cargo industry has welcomed yesterday's air services agreement with Australia, that effectively eliminates all restrictions on freight flights between and beyond both countries except the US.
  • Swiss inks deal with BA to join Oneworld
  • US regulators urged to take action against jetBlue
  • Passengers want 'young, pretty' female crew: MAS
  • Heathrow Express faces strikes next month
  • Delta Air Lines launches fare sale, others match
Strait Talk
  • Hard bargaining ahead on new pay deal for seafarers
    AS you read this, a meeting should be underway in Cyprus that is part of the process of thrashing out a new international wage bargaining system for shipping.
Port Shots
  • Port Shots
    THE ports unit of Hong Kong conglomerate Hutchison Whampoa is in talks to boost its investment in the Chinese port of Ningbo, The Standard newspaper reported.

Shipping Timesweb site
Shipping News
  • Cosco Pacific H1 profit rises 5.4%
    CHINA-backed Cosco Pacific Ltd reported a 5.4 per cent rise in first-half net profit on Monday as the ports operator expanded its container leasing operation, the world's fifth largest.
  • PSA's Tuticorin terminal volumes up 4.3% in first qtr
    PSA Corporation's key Indian venture at Tuticorin scraped together a 4.3 per cent volume growth in the first quarter of this financial year, after its loss of some box traffic in FY2002 alarmed officials.
  • Oil tanker rates may rise for 7th week on Oct bookings
    OIL tanker rates in the Persian Gulf may rise for a seventh week as charterers make inquiries for vessels to load crude oil in October, prompting shipowners to raise freight costs.
  • Lanka Maritime says fuel deal with BP in pipeline
    LANKA Maritime Services, a unit of Sri Lanka's national shipping company, said it may start buying fuel from BP plc's Singapore trading unit to supply vessels in Colombo and nearby ports.
Air and Land Transport
  • S'pore air cargo sector lauds relaxed rules with Australia
    SINGAPORE's air cargo industry has welcomed yesterday's air services agreement with Australia, that effectively eliminates all restrictions on freight flights between and beyond both countries except the US.
  • Swiss inks deal with BA to join Oneworld
  • US regulators urged to take action against jetBlue
  • Passengers want 'young, pretty' female crew: MAS
  • Heathrow Express faces strikes next month
  • Delta Air Lines launches fare sale, others match
Strait Talk
  • Hard bargaining ahead on new pay deal for seafarers
    AS you read this, a meeting should be underway in Cyprus that is part of the process of thrashing out a new international wage bargaining system for shipping.
Port Shots
  • Port Shots
    THE ports unit of Hong Kong conglomerate Hutchison Whampoa is in talks to boost its investment in the Chinese port of Ningbo, The Standard newspaper reported.

Exim Indiaweb site
  • 20 hurt in ship collision at Chittagong Port
  • Royal Caribbean builds biggest cruiser Ultra Voyager
  • GAC India celebrates 20th anniversary with a new strategy
  • OEL launches Mundra-Jebel Ali feeder service
  • WTO upholds India's case against EU: Textile sops to Pak
  • Palmolein import duty hike likely
  • US now main source of capital goods for India
  • m.v. Tiger Bridge given warm welcome at VCT
  • Cargo traffic at Indian ports may touch 979 m tonnes in 2011-12: Study
  • JN Port touches 1-million TEU mark within first half of current fiscal
  • 4 dedicated Conraj rakes inducted into ICD-Sabarmati-JNP circuit
  • P. S. Krishnan elected new FFFAI Chairman
  • Textile bank on anvil: Minister
  • Credit card facilities for artisans mooted
  • Forex reserves touch $ 87.856 bn
  • Hike synthetic textile export quota for US: SRTEPC chief
  • Stabilise prices or face controls, govt tells steel manufacturers
  • Tea planters' body wants Nilgiris notified as special economic zone
  • India pips UK, Brazil for 6th slot: FDI confidence report
  • Inflation rate rises to 4.29 pc
  • IA showcases Sharjah as holiday destination
  • AIAI interactive seminar on power sector today
  • Plastics export award function on Sept. 26
  • Ficci to organise meet on taxation

The Bunker Bulletinweb site
SEPTEMBER 23, 2003
  • East Coast markets steady amid good avails
  • Crude rebounds as market looks near short-term bottom
    After a month-long sharp downward movement in crude oil prices, with only the occasional correction higher, oil futures are beginning to look cheap relative to fundamentals. If speculators, once long - now short, resume buying, this could set the scene for a rebound from current levels.
  • Egypt steady, good avails return to Port Said
  • OPEC meeting: Quota allocations up for discussion
  • Fujairah market waits on cargo rise
  • Hong Kong numbers slip back as recent demand dries avails
  • OPEC meet outcome seems settled as OPEC basket trades mid-range
    It would come as a huge surprise to the world oil market if OPEC's meeting in Vienna tomorrow decided to change the current official production quota.
  • Rotterdam firms with crude and barges

The Scandinavian Shipping Gazetteweb site
SEPTEMBER 23, 2003
  • Rederi AB Gotland wants out from the stock exchange
  • Ola Lorentzon quits Frontline
  • Olav Fjell fired from Statoil

Marine Logweb site
SEPTEMBER 23, 2003
  • Conferees approve multi-year sub procurement
    But it's for five Virginia Class submarines, not seven

Lloyd's Listweb site
  • Lorentzon bids Frontline farewell
    FRONTLINE managing director Ola Lorentzon (left) is to stand down from the world's number one tanker operator just weeks after plans were floated in New York to split the company, writes Jerry Frank.
  • Statoil loses its head as Fjell falls on sword
    OLAV Fjell lost his battle to survive yesterday as boss of oil and gas giant Statoil.
  • European Parliament backs Prestige accident committee
    TEN months after the event and despite two earlier rejections, the European Parliament yesterday voted overwhelmingly in favour of establishing a temporary committee to investigate the causes and consequences of the Prestige disaster.
  • Inside world of Lloyd's goes online
    LLOYD'S is putting its inner workings online, writes James Brewer.

Fairplayweb site
SEPTEMBER 23, 2003
  • Tsakos warns on dash for tonnage
    NIKOLAOS Tsakos, president of Tsakos Energy Navigation, has cautioned against the current race for new tonnage and warned today that the number of newbuildings scheduled for delivery could destabilise the entire industry
  • Balearia talks up competition
    COMPETITION between Spanish ferry operators is mounting after Balearia said today it would use the fast ferry Ramon Llull to launch a new service on 21 October
  • De Palacio scolds member states
    LOYOLA de Palacio, the EU transport commissioner, has hit out at the lack of political will within European member states to find solutions to deal with maritime disasters
  • Danube low strands newbuildings
    A NUMBER of newbuildings under construction at shipyards on the banks of the river Danube are stranded by low water levels
  • Overheated bulker scuttled
    A BULKER drifting off Reunion Island in the Indian Ocean since last week was scuttled by the French Navy yesterday
  • Tsavliris claims $2.5M from KPT
    GREEK salvor Tsavliris is claiming $2.5M in damages from Karachi Port Trust for the illegal detention of Sea Angel, which was used in the lightering of Tasman Spirit
  • Rising rates on lowering Rhine
  • Vopak sells Chemgas to Jaegers
  • Algerian link goes private
  • Frontline MD Lorentzon to retire
  • Iran slashes marine charges
  • Indian tonnage tax from April 2004
  • Statoil's Irangate claims third
  • Aqaba charges rise again
  • PTP and PSA 'can co-operate'
  • Alstom rescue plan agreed

The Journal of Commerceweb site
SEPTEMBER 23, 2003
  • Cosco revamps logistics structure
    The Hong Kong unit of China Ocean Shipping (Group) Co., is moving into logistics with the purchase of 49 percent of Cosco Logistics Co. from its parent for $142 million.
  • Swiss opts for Oneworld alliance
    Swiss International Air Lines said it will join the Oneworld global alliance in a move that will shrink its fleet by a third and pare 25 percent of its flight network.
  • Traffic resumes at Bangladesh port
    The Port of Chittagong resumed operations Monday after a collision between two container ships halted operations over the weekend.
  • Insurer: More Europe port strikes to come
  • UPS launches package-flow technology
  • Railroads should adopt scheduled ops: CPR
  • FedEx Ground opens Chicago terminal
  • BAX Global opens Greek office
  • Canadian port gets box scanner
  • Menlo to offer stand-alone software
  • Corrigan named Aus. VP at Savino del Bene
  • Frontline's Lorentzen retires
  • Atlanta cargo services expanding

Containerisation Internationalweb site
SEPTEMBER 23, 2003
  • New hope in Canadian West Coast talks as union mulls latest offer
    Union officials plan to respond Thursday to a new comprehensive package offered by waterfront foremen employers to end a lengthy labour dispute on Canada's west coast.
  • Lines ponder Busan departure in spite of dockers productivity increase
    Busan dockers are raising productivity by as much as 98.4% in response to the carnage left by Typhoon Maemi, but a survey reveals 53% of lines may still leave.
  • Chittagong re-opens following Eagle Strength crash
  • Rail users must compete for UK budget
  • Chinese ports courted by foreign investors
  • OT Africa Line launches Luanda shuttle
  • Cosco Pacific buys US$143m stake in Cosco Logistics
  • Lille expansion doubles tri-modal terminal area
  • New HK terminals will end high THC's, says Sir Gordon Wu
  • CIMC's launches world's largest dry container facility

TradeWindsweb site
SEPTEMBER 23, 2003
  • Fredriksen gives soccer club the boot
    Tanker owner severs ties with Vaalerenga.
  • Cruise hoax leads to prison sentence
    Two years' jail-time for pining girlfriend.
  • OSG divvies up
    Owner pays out second dividend at new, higher rate.
  • No candy for NKK
    US court finds society guilty of botching fast ferry survey.
  • Europe to set up Prestige investigation
    European Parliament does U-turn on plans to set up temporary investigative commission.
  • Cormo Express sheep "comfortable"
    Only 4,256 animals so far dead on Vroon cruise to nowhere.
  • Pakistan advised to up spill protection
    UN report details environmental fallout from Tasman Spirit break-up.
  • DRI claims Adamandas
    Pacific & Atlantic bulker is latest victim of hazardous direct reduced iron cargo.
  • Analyst declares RCL a "sell"
    More revisions as cruise stocks show signs of overheating.
  • Karahasan arrest goes to court
    Turkish owner fails to reach deal with HSH Nordbank over US detention.
  • Explosives sink Adamandas
    French navy experts scuttle "dangerous" Pacific & Atlantic bulker.
  • Frontline MD to retire
    Ola Lorentzon (right) steps down as Oscar Spieler takes top tanker management role.
  • Alstom will need to restructure
    French engineering giant says rationalisation needed for European shipyard industry.
  • Statoil CEO resigns
    Olav Fjell (left) follows Leif Terje Loddesol as company fights to save face.
  • Greek bulker to be scuttled
    Reunion authorities order damaged Pacific & Atlantic vessel to sea.
  • Aussies propose maritime security bill
    Government has introduced new legislation linked to the IMO's ISPFS code.
  • Micky makes Forbes 400
    Carnival colossus is among the top 400 richest people in America. Thirty-ninth to be precise.
  • Bandar Abbas set for congestion charges
    Extreme delays at Iranian port have prompted container conference to implement delay surcharges.
  • Hornbeck back at equity table
    Louisiana-based offshore vessel operator re-instigates plans to take company public.
  • OOCL investors approve share buyback
    Minority shareholders in Hong Kong liner group give green light to buyback of Li Ka-shing stake.

American Shipperweb site
SEPTEMBER 23, 2003
  • Delmas, OTAL start new Angola shuttle service
  • Med Shipping adds Naples to Asia/Mediterranean service
  • BIMCO signs anti-drug smuggling agreement with Cypriot customs
  • Ship collision in Singapore Strait caused minor oil spill
  • New Maersk service links New Orleans, Progreso
  • MOL (China) opens office in Qingdao
  • American Salvage Association names officers
  • Kuehne & Nagel opens logistics center at Frankfurt airport
  • Integres acquires Key Transportation Services
  • Menlo Worldwide Technologies offers standalone software
  • Saddle Creek names Cook marketing and sales director
  • USCO issues "white paper" on network optimization
  • MIT to develop logistics program in Zaragoza, Spain
  • Savannah's container volume continues double-digit growth
  • Qingdao port volumes up

›››File
FROM THE HOME PAGE
COMPANIES
Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement
Dubai
It Kazim appointed president and Yuvraj Narayan managing director
PORTS
Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven
Bremen/The Hague
PORTS
CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa
Hong Kong
PORTS
Tomorrow will be inaugurated the new container terminal of transhipment of Damietta
Bremen/Melzo
Its ability to annual traffic will rise up to 3,3 million teu
SHIPYARDS
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
SHIPYARDS
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
PORTS
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
COMPANIES
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
SHIPPING
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
LOGISTICS
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
OFFSHORE
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
SHIPPING
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
TRANSPORTATION
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
SHIPPING
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
SEAFARERS
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
LOGISTICS
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
SHIPPING
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
PORTS
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
PORTS
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
PORTS
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
PORTS
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
PORTS
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
SHIPPING
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
SHIPPING
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
PORTS
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
PORTS
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
PORTS
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
PORTS
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PORTS
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
INDUSTRY
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
PORTS
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
CRUISES
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
PORTS
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
RAILWAY TRANSPORT
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
RAILWAY TRANSPORT
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
PORTS
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
CRUISES
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
SHIPPING
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
PORTS
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
PORTS
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
TRUCKING
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
NEWS
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
SHIPPING
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
SEAFARERS
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
PORTS
Two FMC commissioners call on the US government to take action against Canadian and Mexican ports
Washington
Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged
PORTS
Annual container traffic handled by the port of Algeciras remains stable.
Algeciras
A 6.2% decrease in the weight of goods in containers was recorded
RAILWAY TRANSPORT
The EU Commission authorizes Italy to provide financial support for rail operations in ports.
Rome
Incentives for a maximum total of 30 million euros over five years
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
SHIPPING
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
Ismailia
The need to reduce insurance premiums for vessels transiting the Red Sea region was also highlighted.
PORTS
€3.1 million in unpaid regional maritime property fees recovered in Campanian ports
Naples
422 default notices to non-compliant dealers
PORTS
In November 2025, freight traffic in the ports of Genoa and Savona-Vado dropped by -5.5%.
Genoa
The two airports recorded percentage variations of -7.5% and +0.6% respectively
SHIPPING
EU ETS: Interferry calls for a halt to the 100% charge for ferry emissions in 2026.
Victoria
The vast majority of the revenues from the maritime ETS - the association denounces - are diverted to the national budgets of the Member States.
SHIPPING
The new configuration of the Ocean Alliance service network confirms seven calls at Italian ports
Hong Kong/Taipei
Two at the port of Genoa, two at that of La Spezia and one stop each at the ports of Vado Ligure, Trieste and Salerno
Last year, freight traffic in the port of Marseille-Fos increased by +5%
PORTS
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Marseille
Cruise passengers grow by +7%
SHIPYARDS
AD Ports has acquired the Spanish shipyard Astilleros Balenciaga.
Abu Dhabi
Transaction worth 11.2 million euros
SHIPPING
CMA CGM reports three services on the route around the Cape of Good Hope
Marseille
The international scenario - explains the French company - is complex and uncertain
PORTS
COSCO Shipping Ports' terminals handled record container traffic last year
Hong Kong
Growth of +6.2% over 2024
PORTS
In the fourth quarter of 2025, freight traffic in the port of Venice grew by +13.5%
Venice
An increase of +4.9% was recorded for the whole year
LOGISTICS
Buffer areas to decongest the North West logistics system
Genoa
The proposal is from Connect. Let's remember, Palenzona warns, that the Italian system depends on road haulage.
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
PORTS
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
St. Petersburg
In the fourth quarter alone, traffic was 231.1 million tonnes (+6%)
PORTS
The port of Civitavecchia has set a new annual cruise traffic record
Civitavecchia
A 5.4% increase in transit passengers. Disembarking and embarking passengers remained stable.
NEWS
A ship coming from Russia was seized in the port of Brindisi
Toasts
Alleged violation of sanctions against the Russian Federation
RAILWAY TRANSPORT
FS Logistix takes over railway operations in Area 6A of the Port of Antwerp.
Antwerp
New generation hybrid locomotives will be used
SHIPPING
Greek Shipowners' Association urges EU to take measures to protect ships and crews
Piraeus
CRUISES
Call for expressions of interest for the refurbishment and management of the cruise terminal at the Port of Gibraltar
Gibraltar
Applicants must be willing to fully finance the work
In 2025, acts of piracy against ships increased by +18%
PIRACY
In 2025, acts of piracy against ships increased by +18%
Kuala Lumpur
A 43% decrease in accidents was recorded in the last quarter
FREIGHT TERMINALS
InRail to manage the Interporto Pordenone intermodal terminal for a year
Pordenone
Temporary solution in view of the establishment of a public-private company
SHIPYARDS
Turkey's Kuzey Star Shipyard to Build Shipyard in Syria's Tartous Port
Damascus
An investment of at least $190 million over five years is expected
PORTS
In 2025, cargo traffic in Ukrainian ports decreased by -15%
Kiev
Container traffic grows by 66%
PORTS
Container traffic in the port of Hong Kong decreased by 5.7% last year.
Hong Kong
In the fourth quarter alone the decline was -8.0%
PORTS
In 2025, PSA's port terminals handled record container traffic
Singapore
New peaks in volumes handled in Singapore and the group's overseas terminals
PORTS
Chinese CMPort's port terminals handled record container traffic last year
Hong Kong
The total was 151.5 million TEUs, an increase of +4.0% over 2024.
SHIPPING
COSCO orders 12 new 18,000-TEU and six 3,000-TEU containerships
Hong Kong
Jiangnan Shipyard, China Shipbuilding Trading, and COSCO Shipping Heavy Industry win $2.7 billion in orders.
PORTS
The port of Trieste closed 2025 with a 0.7% growth in freight traffic thanks to the increase in crude oil prices.
Trieste
The port of Gioia Tauro has once again set its container traffic record
PORTS
The port of Gioia Tauro has once again set its container traffic record
Gioia Tauro
In 2025, the previous peak recorded the previous year will increase by +14%.
Port of Singapore sets new all-time container throughput record
PORTS
Port of Singapore sets new all-time container throughput record
Singapore
The port confirms its position as the world's second largest container port
CRUISES
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
INDUSTRY
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
PORTS
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
INFRASTRUCTURE
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
SHIPPING
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
ASSOCIATIONS
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
PORTS
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
SHIPPING
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
PORTS
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
ASSOCIATIONS
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
PORTS
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
DEFENCE
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
INDUSTRY
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
TRANSPORTATION
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
SHIPPING
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
PORTS
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
SHIPPING
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
SHIPYARDS
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
PORTS
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
SHIPYARDS
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
PORTS
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
SHIPPING
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
ENVIRONMENT
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
PROGRESS AND TECHNOLOGY
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
ENVIRONMENT
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
PORTS
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
LOGISTICS
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
INDUSTRY
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
COMPANIES
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
SHIPPING
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
ACCIDENTS
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
INTERMODAL TRANSPORT
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
SHIPPING
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
AVIATION
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
PORTS
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
SEAFARERS
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
ASSOCIATIONS
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
PORTS
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
SHIPPING
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
INSTITUTIONS
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
PORTS
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
PORTS
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
INDUSTRY
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
LAW
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
COMPANIES
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
COMPANIES
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
SHIPPING
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
SHIPPING
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
SHIPPING
ICS has published its periodic analysis of flag state performance
London
COMPANIES
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
PORTS
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
SHIPPING
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
PROGRESS AND TECHNOLOGY
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
PORTS
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
PORTS
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
PORTS
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
DEFENCE
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
INDUSTRY
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
SAFETY & SECURITY
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
PORTS
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
INDUSTRY
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
YACHTING
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
PORTS
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
MOURNING
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
PORTS
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
INTERMODAL TRANSPORT
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
COMPANIES
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
PORTS
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
SHIPPING
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
FREIGHT TERMINALS
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
SHIPPING
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
PORTS
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
MARINAS
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
OFFSHORE
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
LOGISTICS
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
PORTS
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
SHIPPING
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
SHIPPING
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
COMPANIES
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
SHIPPING
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
SHIPPING
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
INDUSTRY
De Wave Group has acquired French company DL Services.
Genoa
The company specializes in the design of industrial kitchens and the supply of technical components and spare parts on board
SHIPPING
CMA CGM's TUX transatlantic service will call at the port of Salerno
Marseille
The line connects Turkey with the East Coast of the USA
PORTS
Cruise traffic in the port of Piraeus increased by +9% last year
Piraeus
Approximately 1.85 million passengers moved
INTERMODAL TRANSPORT
New intermodal connections between Northern Italy and Belgium by GTS Rail and CargoBeamer
Bari/Leipzig
Activated on the Padua-Zeebrugge and Liège-Domodossola lines
PORTS
In 2025, cruise traffic in the port of Genoa grew by +6.5%
Genoa
Ferry passengers down 3.6%
SHIPPING
Grimaldi took delivery of the PCTC Grande Manila
Naples
The vessel has a total capacity of 9,241 CEUs.
CRUISES
Expedition cruise ship Exploris One to be auctioned off
Nantes
It has a capacity of 144 passengers and 102 crew members.
COMPANIES
SeaCube Container Leasing has acquired Martin Container.
Montvale
The company specializes in the refrigerated container segment
LOGISTICS
Pisano: The Simplified Logistics Zone has great strategic importance for the port of La Spezia.
La Spezia
PORTS
RINA and HPC launch project to promote green ports in the Caspian region
Genoa
Five-year contract with the OSCE
SHIPYARDS
Vard to build four Multi-Purpose Robotic Vessels for Ocean Infinity
Trieste
The contract has a total value of over 200 million euros
PORTS
Hanseatic Global Terminals will become sole owner of Florida International Terminal
Rotterdam
MEETINGS
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
INFORMATION TECHNOLOGY
The transportation sector enters a turning point with the adoption of artificial intelligence
Ulm
However, most companies are still in the early stages of this process.
PORTS
Work completed to widen the access channel to the port of Livorno.
Livorno
The width between the two banks will be increased from 70 to 120 meters
OFFSHORE
Nexans sets a record for the depth of laying a high-voltage submarine cable on the Tyrrhenian Link
Paris
Installation at -2,150 meters
PORTS
Funds for Spanish ports to adapt to the use of wind energy and other marine renewable energy sources
Madrid
Program with a total value of 212 million euros
INDUSTRY
CMD - Costruzioni Motori Diesel returns to wholly Italian ownership
Atella
Giorgio and Mariano Negri have acquired 67% of the capital held by the Chinese Loncin Motor Co.
FINANCING
Intesa Sanpaolo is financing the construction of three PCTCs for Grimaldi Euromed.
Milan
The new ships will be delivered later this year
LOGISTICS
Medlog acquires Australian intermodal operations of Seaway
Fremantle
The transaction will be completed within the first quarter of this year.
SAFETY & SECURITY
MIT has updated cybersecurity measures for national ships, ports and port facilities
Rome
A circular has been published which, among other things, introduces staff training
COMPANIES
V.Group has bought the Danish company Njord
London
The company offers the shipping industry solutions for energy efficiency and decarbonisation
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
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
MEETINGS
Spediporto's conference "Take opportunities navigating trade tensions" will be held in Genoa on December 1st and 2nd.
Genoa
It will be held at the Conference Hall of Banca Bper
››› Meetings File
PRESS REVIEW
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
ACCIDENTS
Fire aboard the Majestic ferry in the Port of Genoa
Genoa
The flames were extinguished by the intervention of the on-board fire brigade and did not cause any injuries.
COMPANIES
COSCO to acquire control of German logistics company Zippel
Hamburg
Agreement to acquire 80% of its capital
PORTS
Colombo Port Sets New Annual Container Traffic Record
Columbus
Sri Lanka Ports Authority signs agreement with French shipping group CMA CGM
COMPANIES
Viasat to exit British company Navarino's capital
London
ICG to support the Tsikopoulos brothers in reinvesting in the company
SHIPPING
The Palau government ensures the full operation of the Naval Registry
Koror
Moses (BMT): Services continue to be provided in accordance with international procedures and standards
RAILWAY TRANSPORT
In the first nine months of 2025, freight transported on the Austrian rail network increased by +1.4%
Vienna
Growth of +4.9% was recorded in the third quarter alone
OFFSHORE
Saipem wins $425 million offshore contract to develop the Sakarya gas field.
FREIGHT TERMINALS
The decree for the distribution of PNRR resources to interports has been signed.
Rome
The disbursement of 1.9 million euros is expected
SHIPPING
Messina, a Genoese company, launches a new service to Algeria.
Genoa
The rotation touches the ports of Fos, Genoa, Barcelona, Algiers, Fos
RAILWAY TRANSPORT
FS Logistix is the first company in Europe to certify its carbon footprint for freight transport.
Rome
The FS group company has obtained ISO 14067 certification
DEFENCE
WASS (Fincantieri Group) wins torpedo supply contract for Indian Navy
Trieste
Contract with a total value of over 200 million euros
INTERMODAL TRANSPORT
FHP Intermodal will become operational on January 1st
Milan
FHP Group completes the integration process between its subsidiaries CFI Intermodal and Lotras
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