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20 May 2025 - Year XXIX
Independent journal on economy and transport policy
04:48 GMT+2
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Shipbuilders Cash In on Special Vessels
(The Korea Times)
November 23, 2005
By Cho Jin-seo
Staff Reporter

South Korean shipbuilders are profiting more from selling high-value units such as offshore plants and liquid gas carriers than ever ......
Read more on The Korea Times
›››File
FROM THE HOME PAGE
Israeli ZIM's quarterly performance was very positive
SHIPPING
Israeli ZIM's quarterly performance was very positive
Haifa
Revenues grew by +28.5% in the first three months of 2025. Ships transported 944 thousand containers (+11.6%)
CRUISES
MSC Cruises orders two more World-class cruise ships from Chantiers de l'Atlantique
Paris
They will be taken into delivery in 2029 and 2030
SHIPPING
WSC: US decision to tax all foreign car carriers is wrong
Washington
The association asks the USTR to launch a public consultation
SHIPPING
CMA CGM closed the first quarter of 2025 with a net profit of 1.12 billion dollars (+42.8%)
Marseille
Revenues up +12.1%
INDUSTRY
ECSA and SEA Europe explain how to ensure and increase the competitiveness of the EU maritime industry
Szczecin/Brussels
In the first three months of 2025, freight traffic in the ports of Genoa and Savona-Vado grew by +1.4%
PORTS
In the first three months of 2025, freight traffic in the ports of Genoa and Savona-Vado grew by +1.4%
Genoa
In the container sector, a sharp increase in transhipments (+107.3%) and a slight decrease in import-export (-0.7%)
The ports of Bremen and Hamburg close the first quarter with a +3% growth in traffic
PORTS
The ports of Bremen and Hamburg close the first quarter with a +3% growth in traffic
Bremen/Hamburg
Terminal operator HHLA posts record quarterly revenue
PORTS
In the first quarter of 2025, cargo traffic in the port of Koper grew by +9.9%
Coper
Containerized cargo volumes continue to grow
ASSOCIATIONS
Paul Pathy elected BIMCO President
Copenhagen
He is the president and CEO of the Canadian Fednav
PORTS
The project to resection the western dock of the port of Gioia Tauro is about to start
Joy Taurus
It is not subject to the VIA procedure
HMM closed the first quarter with a net profit growth of +52.5%
SHIPPING
HMM closed the first quarter with a net profit growth of +52.5%
Seoul
The South Korean company's fleet transported 930,629 containers (+4.2%)
In the first quarter, Hapag-Lloyd's revenues increased by +18.6% and net profit by +49.6%.
SHIPPING
In the first quarter, Hapag-Lloyd's revenues increased by +18.6% and net profit by +49.6%.
Hamburg
The company's fleet transported 3.3 million containers (+8.8%)
PORTS
In the first three months of 2025, cruise traffic at GPH terminals increased by +30%
SHIPPING
Evergreen, Yang Ming and WHL's quarterly earnings growth eases
Keelung/Taipei
The second company recorded a decline in profits
In the first quarter of 2025, ship traffic in the Suez Canal decreased by -17.1%
SHIPPING
In the first quarter of 2025, ship traffic in the Suez Canal decreased by -17.1%
Cairo
Growth of +16.4% in the value of transit rights paid by ships
This morning the ceremony of laying the first stone of the Darsena Europa in the port of Livorno
PORTS
This morning the ceremony of laying the first stone of the Darsena Europa in the port of Livorno
Leghorn
Five years of work and an investment of 550 million euros are expected
SHIPYARDS
Russia to invest $6 billion over the next six years to develop shipbuilding
Fly
Over 1,600 Civilian Ships Planned to Be Built by 2036
TRADE
US, China agree to suspend tariffs for 90 days, cut by 115 percentage points
Beijing/Washington
They will drop to 30% and 10% respectively from the current 145% and 125%
PORTS
In the first quarter, cargo traffic in Tunisian ports decreased by -2.6%
The Goulette
-16.9% drop in unloading loads and +6.8% increase in loading loads
PORTS
In the first three months of 2025, freight traffic in the port of Ravenna increased by +8.9%
Ravenna
Increase in dry bulk, containerized and conventional cargo
PORTS
The port of Ancona closed the first quarter with a traffic of 2.1 million tons of goods (+4%)
Ancona
At the Ortona airport a decrease of -9% was recorded and at the Vasto airport a growth of +14%
SHIPPING
In the first quarter, Costamare's revenues decreased by -6.1%
Monk
Costamare Bulkers Spin-Off Completed
PORTS
The western dock of the port of Gioia Tauro has become operational
Joy Taurus
Container ship "MSC Bridge" docks
Maersk Group posts positive quarterly financial results
SHIPPING
Maersk Group posts positive quarterly financial results
Copenhagen
Container volumes transported by the fleet remain stable. Traffic growth of +8.4% in port terminals
SHIPPING
European Commission approves Italy's request to reintroduce the International Registry
Brussels
It will be in force until the end of 2033
PORTS
In the port of Trieste, bulk cargo decreases and miscellaneous goods increase
Trieste
In the first quarter, a decrease of -4.3% was recorded. In Monfalcone, traffic increased by +54.9%
PORTS
In the first quarter, goods handled by the port of Venice increased by +4.3%
Venice
Solid bulk and containerized cargoes on the rise. Liquid bulk drops by -6.1%
SHIPPING
GNV orders four more ro-pax vessels from Guangzhou Shipyard International
Genoa
Deliveries of the 71,300 GRT units will begin in early 2028
PORTS
The agreement between the Region and the extraordinary commissioner gives the go-ahead to the construction of the Darsena Europa in the port of Livorno
Florence
Giani: work can finally start
PORTS
Filt, Fit and Uilt support Ciane's activity in Genoa and Savona, which would be put in danger by Petromar's competition
Genoa
INTERMODAL TRANSPORT
Hupac will focus on combined transport on the North-South axis, focusing on high-volume connections
Zurich
SHIPPING
DFDS Quarterly Revenues Up 7.5% With Ekol Acquisition
Copenhagen
The volumes of goods transported by the fleet are stable. Passengers drop by -27.5%
RAILWAY TRANSPORT
At the end of 2025, RAlpin will suspend the rolling highway rail service between Fribourg and Novara
Olten
The company denounces the numerous and unexpected restrictions on the railway network
PORTS
Terminal operator ICTSI closes a record first quarter
Manila
Historic peak in financial results and container freight volumes handled
SHIPPING
Premuda, management buy-out operation on the entire share capital of the company
Genoa
It was implemented with the strategic and financial support of Pillarstone
In the first quarter of this year, ship transits through the Panama Canal increased by +35.9%
SHIPPING
In the first quarter of this year, ship transits through the Panama Canal increased by +35.9%
Panama
Ships carried 60.0 million tons of cargo (+40.1%)
In the first quarter of 2025, maritime traffic in the Bosphorus Strait decreased by -7.5%
SHIPPING
In the first quarter of 2025, maritime traffic in the Bosphorus Strait decreased by -7.5%
Ankara
A total of 9,351 ships passed through
PORTS
Tender for the expansion and technological modernization of Gate IV of the Port of Trieste
Trieste
It is related to the technical and economic feasibility design of the project
SHIPPING
Mediterranean Emission Control Area for Sulphur Oxides Comes Into Force Tomorrow
Brussels
Vessels will have to use fuel with a maximum sulphur content of 0.1%.
Norwegian Cruise Line Holdings Reports Quarterly Net Loss of -$40.3 Million
CRUISES
Norwegian Cruise Line Holdings Reports Quarterly Net Loss of -$40.3 Million
Miami
In the first three months of this year, revenues fell by -2.9%
LOGISTICS
DSV Completes Acquisition of Schenker
Hedehouse
In the first three months of this year, the Danish logistics group's operating result increased by +17.5%
SHIPPING
Hapag-Lloyd expects to close the first quarter with very positive performance
Hamburg
ONE closed fiscal year 2024 with net income of $4.2 billion (+336%)
SHIPPING
ONE closed fiscal year 2024 with net income of $4.2 billion (+336%)
Singapore
In the period the container fleet transported 3.1 million TEU (+2.3%)
In the first quarter, the revenues of the Chinese shipping group COSCO grew by +20.1%
SHIPPING
In the first quarter, the revenues of the Chinese shipping group COSCO grew by +20.1%
Shanghai
The fleet transported 6.5 million containers (+7.5%)
PORTS
In the last quarter of 2024, Eurokai port terminals handled over 3.2 million containers (+9.4%)
Hamburg
In Germany, traffic was 1.9 million TEU (+14.0%) and in Italy 443 thousand TEU (+7.9%)
SHIPPING
OOIL orders 14 new 18,500 teu containerships
Hong Kong
Dalian, Nantong shipyards win $3.1 billion contract
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
Chinese ports set new cargo throughput record for January-March quarter
PORTS
Chinese ports set new cargo throughput record for January-March quarter
Beijing
In the period, seaports handled 73.1 million containers (+8.3%)
PORTS
Passenger terminal completed at Rizzo dock in Messina port
Messina
Work begins on remodeling the seabed of the port of Reggio Calabria
LOGISTICS
UPS closed the first quarter with a net profit of 1.2 billion dollars (+6.6%)
Atlanta
Revenues down slightly following sale of Coyote Logistics
CRUISES
Second Large Cruise Ship Built in China Launched
Shanghai
It will join the Adora Cruises fleet at the end of 2026
PORTS
Uiltrasporti underlines the need to keep Italian ports under public control
Rome
SHIPPING
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
PORTS
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
PORTS
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
Il Consiglio dei ministri ha approvato il decreto-legge Infrastrutture
Rixi: provvedimento importante per l'autotrasporto
SHIPPING
Global Ship Lease revenues increased by +6.4% in the first quarter
Athens
Net profit of 123.4 million dollars (+34.3%)
PORTS
Filt, Fit and Uilt urge an urgent overcoming of the commissioner phase for the AdSP of the Central Tyrrhenian Sea
Naples
SAFETY & SECURITY
Federlogistica, a proactive plan is needed to strengthen cybersecurity of ports and logistics
Genoa
Creation of a national fund urged
PORTS
DP World to operate multipurpose terminal at Syrian port of Tartous
Damascus
An investment of 800 million dollars is planned
RAILWAY TRANSPORT
Mercitalia Logistics - Logtainer Agreement
Rome
The aim is to develop intermodal maritime transport services in Italy and Europe.
PORTS
Port of Long Beach Sets New Container Traffic Record for April
Long Beach/Hong Kong
Hong Kong port handled 1.2 million containers (+6.0%)
COMPANIES
RINA closes 2024 with revenues once again at a record level
Genoa
In the first quarter, turnover increased by +12% and new orders by +16%
MEETINGS
The fourth edition of the national conference "Interporti al centro" will be held on May 23rd
Rome
Organized by UIR, it is scheduled at the Interporto Rivers in Venice
LOGISTICS
In the UK, express delivery company Evri and DHL's e-commerce division merge
London
PORTS
Another 20 tractors coming for Contship Group's Hannibal
The Spice
They will be taken into delivery between the end of this year and the first months of 2026.
PORTS
In April, the port of Singapore handled over 3.6 million containers (+7.1%)
Singapore
In terms of weight, containerized traffic decreased by -2.5%
PORTS
Assagenti suggests the priorities that will have to be addressed by the next president of the port of Genoa
Genoa
SHIPPING
Danaos Corporation's Quarterly Revenues Steady
Athens
Net profit down -23.5%
PORTS
Cargo traffic in Montenegro ports stable in first quarter
Podgorica
Growth of +73.9% in volumes to and from Italy
MARITIME SERVICES
Prysmian inaugurates the new cable-laying vessel Prysmian Monna Lisa
Milan
Finnish plant producing high-voltage submarine cables expanded
PORTS
Second container terminal inaugurated at Cameroonian port of Kribi
Yaounde
It has a quay of 715 linear meters and a seabed depth of -16 meters
TRUCKING
Eurogate Intermodal has bought the Deisser trucking company
Hamburg/Stuttgart
The Stuttgart-based company specializes in the container segment
SHIPPING
Discount announced on transit fee for large container ships in Suez Canal
Ismailia
15% reduction for ships of at least 130,000 SCNT tons
LOGISTICS
The Simplified Logistics Zone of the Port and hinterland of La Spezia is ready to be made operational
Genoa/La Spezia
Regional councilor Piana made this known
LAW
Port of Genoa, the TAR for Lazio has annulled the Ignazio Messina-Terminal San Giorgio merger
Rome
Grimaldi Euromed's appeal accepted
SHIPYARDS
Fincantieri closes first quarter with record new orders
Trieste
Strong growth in revenue and EBITDA
RAILWAY TRANSPORT
Stop, other Regions should follow Abruzzo's example by introducing the regional ferrobonus
Rome
LOGISTICS
The laying of the first pillar of the logistics park under construction in Tortona was celebrated
Tortona
The project is scheduled for completion in May 2026.
TRADE
The Customs Free Zone enclosed in Genoa as an opportunity to mitigate the impact of duties
Genoa
Spediporto highlights it
SHIPPING
Taiwan's Evergreen and Yang Ming saw revenue decline in April
Keelung/Taipei
Compatriot Wan Hai Lines' turnover grows
SHIPPING
In the first three months of 2025, RCL containerships transported 658,000 TEU (+8.9%)
Bangkok
Revenues up +37.6%
PORTS
The preparation process for the Port Regulatory Plan of Ancona has begun
Ancona
Preliminary verification of the Strategic Environmental Assessment has begun
SHIPPING
d'Amico International Shipping reports quarterly revenue and earnings decline
Luxembourg
Balestra di Mottola: We do not expect any impact on us from any port tariffs applied in the US for ships built in China
PORTS
Towards the final approval of the nomination of Francesco Benevolo as president of the port of Ravenna
Rome
The MIT has forwarded the proposal to the Transport Commission of the Chamber
SHIPPING
The decline in vehicle volumes transported by the Wallenius Wilhelmsen fleet continues
Lysaker
The first three months of 2025 were closed with revenues of 1.3 billion dollars (+3.4%)
PORTS
Shipping agents, customs agents and freight forwarders of La Spezia applaud Pisano's appointment
The Spice
For the presidency of the AdSP - they rejoice - "one of us" has been chosen
PORTS
MIT appoints Bruno Pisano as president of the AdSP of the Eastern Ligurian Sea
Rome
LOGISTICS
DHL Buys IDS Fulfillment
Westerville/Indianapolis
Strengthening the e-commerce segment
YACHTING
V.Ships created V.Yachts to provide its services to large yachts
London
It will be based in Monaco
RAILWAY TRANSPORT
Mercitalia Rail transports scrap iron from Pomezia to steel mills in Northern Italy
Milan
SHIPPING
Finnlines revenues increased by +2.3% in the first quarter
Helsinki
The volumes transported by the fleet are increasing, with the exception of cars
PORTS
NYK to build third car terminal at Barcelona port
Barcelona
Work begins on the electrification of the MSC Crociere terminal
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
COMPANIES
The Verdane investment fund sells Danelec to the GTT group
Paris
Danish company develops technologies for digitalization of maritime transport
NEWS
Israeli forces attacked the port of Hodeyda
Jerusalem
IDF, measures taken to limit damage to ships
SHIPYARDS
Vard signs new contract with Dong Fang Offshore for OSCV vessel
Trieste
It will be delivered in the first quarter of 2028
MARITIME SERVICES
Collaboration protocol between the Federation of the Sea and WSense
Rome
Among the aims, to promote intelligent and sustainable management of marine resources
MEETINGS
A conference on maritime engineering works and climate change in Rome on Wednesday
Rome
It will be held at the Auditorium Fondazione MAXXI
PORTS
The 2024 general financial statement of the Eastern Adriatic Sea Port Authority has been approved
Trieste
It records a general administrative surplus of almost 283 million euros
INDUSTRY
Accelleron Industries Announces Further Investments in Italy
Baden
The aim is to strengthen technological leadership in fuel injection systems for the decarbonisation of the maritime sector.
LOGISTICS
UAE's AD Ports continues to invest in Egypt
Cairo/Abu Dhabi
Usufruct contract to develop and manage a logistics and industrial park near the port of Port Said
PORTS
The 2024 final budget of the Central Adriatic Sea Port System Authority has been approved
Ancona
Green light from the Management Committee
RAILWAY TRANSPORT
RFI, tender awarded for maintenance and telecommunications enhancement works
Rome
Program worth approximately 180 million euros
PORTS
Contract signed assigning CMA CGM the management of the container terminal at the port of Latakia
Damascus
Investments of 230 million euros expected in the first four years
PORTS
Rizzo appointed extraordinary commissioner of the Strait Port System Authority
Messina
LOGISTICS
DHL Group revenues increased by +2.8% in the first three months of 2025
Bonn
Net profit of 830 million euros (+3.9%)
PORTS
Purchase of area for new cruise terminal in Marghera completed
Venice
It is expected to become operational in the 2028 cruise season.
AVIATION
CMA CGM Completes Acquisition of Air Belgium
Marseille/Mont-Saint-Guibert
Mazaudier: Strengthen our air capacity with immediate effect
PORTS
In the first three months of 2025, freight traffic in Albanian ports decreased by -1.8%
Tirana
Passengers also decreasing (-1.6%)
RAILWAY TRANSPORT
In 2024, 94.4 million tonnes of goods were transported on the Austrian rail network (+2.2%)
Vienna
31.8% of the total volume was achieved on routes longer than 300 kilometres
PORTS
The final budget and the annual report 2024 of the AdSP of Sardinia have been approved
Cagliari
Pilot project for the unified issuing of port access permits for haulers
FREIGHT TERMINALS
Interporto Padova's 2024 financial statements unanimously approved
Padua
Revenues up +7.3%
PORTS
Redevelopment works underway at the agri-food hub of the port of Livorno
Leghorn
Works worth six million euros
SHIPPING
Bluferries is ready to put the new ro-pax Athena into service in the Strait of Messina
Messina
It can carry up to 22 trucks or 125 cars and 393 people
PORTS
Approved the financial statement for the financial year 2024 of the AdSP of the Ionian Sea
Taranto
424.8 million port works completed in the last decade
INDUSTRY
Kalmar reports lower quarterly revenue, higher new orders
Helsinki
In the first three months of 2025, net profit was 34.1 million euros (+2%)
PORTS
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
INDUSTRY
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
The fourth edition of the national conference "Interporti al centro" will be held on May 23rd
Rome
Organized by UIR, it is scheduled at the Interporto Rivers in Venice
MEETINGS
A conference on maritime engineering works and climate change in Rome on Wednesday
Rome
It will be held at the Auditorium Fondazione MAXXI
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
PORTS
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
PORTS
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
INDUSTRY
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
LOGISTICS
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
PORTS
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
PORTS
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
PORTS
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
PORTS
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
PORTS
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
ASSOCIATIONS
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
PORTS
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
INTERMODAL TRANSPORT
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
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