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Independent journal on economy and transport policy
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BRIEFS
December 14, 2007
The Business Timesweb site
Shipping News
  • STX stock rises on better outlook
    STX Shipbuilding Co, the first South Korean shipyard to build vessels in China, rose for the first time in seven days in Seoul trading on expectations of improved earnings next year.
  • Winds could spread Korean slick
    Strong winds yesterday threatened to spread the devastation from South Korea's worst oil spill and cold weather hit already slow clean-up efforts by thousands of exhausted workers.
Admiralty Casebook
  • No clash in EU directive, Marpol
    THE European Union directive on ship-source pollution is not incompatible with the International Convention for the Prevention of Pollution from Ships (Marpol Convention), the European Court of Justice (ECJ) ruled last month.

The Business Timesweb site
Shipping News
  • STX stock rises on better outlook
    STX Shipbuilding Co, the first South Korean shipyard to build vessels in China, rose for the first time in seven days in Seoul trading on expectations of improved earnings next year.
  • Winds could spread Korean slick
    Strong winds yesterday threatened to spread the devastation from South Korea's worst oil spill and cold weather hit already slow clean-up efforts by thousands of exhausted workers.
Admiralty Casebook
  • No clash in EU directive, Marpol
    THE European Union directive on ship-source pollution is not incompatible with the International Convention for the Prevention of Pollution from Ships (Marpol Convention), the European Court of Justice (ECJ) ruled last month.

Sched Netweb site
  • OOCL, Yang Ming to start direct China-Pakistan-India service
  • Danaos orders three 10,100-TEU ships from Hyundai Heavy Industries
  • APM-Maersk starts Youship - the one-stop online cargo booking system
  • Vanguard begins 'PriorityAssured' LCL service for China-US ocean freight
  • GAC Marine Logistics opens warehouse in Rotterdam
  • Analysts point to possible split between Sinotrans and DHL
  • Korean Air denies Australian watchdog's right to seize its papers
  • Players proliferate in India's airfreight sector goes into boom
  • Correction: Air China takes top honours at forklift competition

Exim Indiaweb site
  • GE Shipping orders 2 more Supramax dry bulk carriers
  • Shreyas Shipping's acquisition
  • Ramana Murthy now DCI's Director (Finance)
  • Mundra call for new China Pakistan Express service
  • 7 new box scanners to be installed at 4 Major Ports
  • Tuticorin Port sets new daily record in MoP discharge
  • MoS lobbying with MoF for 10-yr shipbuilding subsidy in Union Budget
  • BCHAA lets its hair down at Sapphire Jubilee fete
  • Ficci, CII, MEA to hold biz meet with Russia & China tomorrow

International Transport Journalweb site
DECEMBER 13, 2007
  • MOL adds winter capacities
  • BAWC adds Dubai service
  • VTG entering US wagon leasing business
  • TransContainer to become 3PL
  • Rangel opens new Angolan office

Maritime Global Netweb site
DECEMBER 13, 2007
  • Ferry officer cleared on all charges
  • Bankers gather for Panama Canal workshop
  • LR's Greek owners back holistic approach on emissions
  • IMO strategy and budget confirmed
  • Deal on limit of liability changes "likely" in Jan
  • Bocimar buys 2 capesizes
  • Horizon reacts to tonnage tax scrapping bid
  • Award for MGN News report
  • Ferry officer not guilty of manslaughter
  • US Chamber fight tonnage tax abolition
  • Golden Nori freed
  • EC to look again at Danish tonnage tax plan

World Wide Shipperweb site
DECEMBER 13, 2007
  • Vancouver, USA Port Commission approves pair of land purchases
  • Port of Anacortes receives positive audit report for 2006
  • General Dynamics NASSCO lays keel for new product carrier
  • Major paving work completed for third runway at Sea-Tac Airport
  • Everett Port Commissioners Ok Port Gardner Wharf Project plans

Lloyd's Listweb site
DECEMBER 13, 2007
  • Teekay raises $190m from tanker IPO
    GROUP'S third successful IPO demonstrates shipping's resilience against background of a credit crunch in financial markets.
  • Teekay Tanker IPO promises investor value
  • Carnival returns to Meyer Werft for cruise duo
    MICKY ARISON'S company places order for two more vessels for Aida Brand showing further faith in the growth of European cruise market.
  • Eurogate takes stake in Ust-Luga terminal
    TERMINAL operator buys 20% stake in OJSC Baltic Container Terminal, the new facility that Russia's National Container Company (NCC) is building in Ust-Luga.
  • Strange tales of the sea
    IT TAKES a certain sang froid to claim that a VLCC, safely and legitimately lying at anchor, is in some way responsible for pollution.

Fairplayweb site
DECEMBER 13, 2007
  • Secret Syrian-Cypriot ferry deal alleged
    The illegal ferry line operating between Famagusta and Latakia, Syria, was allegedly set up by a secret agreement between the Turkish Republic of Northern Cyprus and the Syrian Arab Republic
  • CSIC building huge repair yard
    CHINA Shipbuilding Industry Corporation has started building its massive repair yard in Tianjin
  • Australia brings in coastal tickets
    THE Australian Maritime Safety Authority will introduce "near-coastal" certificates for deck and engineering officers next year in a bid to remedy the maritime labour shortage
  • OceanFreight gets wet
    DRY bulk operator OceanFreight has announced an expansion into the tanker sector through the acquisition of a 94,000dwt Aframax
  • Teekay scores IPO success
    TEEKAY Corporation spin-off Teekay Tankers has priced its IPO at the high end of the target range and listed on the New York Stock Exchange
  • Carnival counters RCCL/TUI move
    CARNIVAL Corporation has announced over $1.1Bn in fresh investments in its German AIDA brand just days after Royal Caribbean sealed a joint venture with TUI
  • Fleet expansion rumours boost Essar
  • Subicdock to stand and fight
  • Horizon fights tonnage tax ban
  • Yannis sweeps up Laskaridis stakes
  • Singapore sets up IMO working group
  • US jails three Brits in hose probe
  • Vietnamese suppliers cut LPG prices
  • City joins Cosco Busan battle

The Journal of Commerceweb site
DECEMBER 13, 2007
  • Trailer Bridge eyes strategic options
    The company has hired investment bank Jeffries & Co. to examine alternatives in wake of news that the McLean family will sell its minority stake.
  • Homeland Security to test container security tech
  • LA/LB starts TWIC sign-up
  • LA port getting new cranes
  • Carriers end IDX service
  • San Francisco files lawsuit in Cosco Busan accident
  • Panama Canal chief promotes expansion project
  • S.C. ports OK site work
  • Jaxport adds board members
  • Truckers end Italy strike
  • Record for Shanghai airfreight

Containerisation Internationalweb site
DECEMBER 13, 2007
  • Italian truck protest ' suspended for now
  • India ' US service axed as US slowdown starts to hurt
  • US and China strike a deal on safety and future trade
  • Maersk and MSC to split on Europe/Canada link

TradeWindsweb site
DECEMBER 13, 2007
  • Gov wants $100m
    Washington governor proposes adding $100m to state ferry budget to replace 80-year-old clunkers.
  • Aloha, Mokihana
    Controversial rebuild of Matson Navigation conro is finished, and the Mokihana has a lot of car capacity to show for it.
  • FreeSeas falls
    Owner sees its shares plunge by 10.7% as fellow US-listed dry-bulk players follow its fall.
  • City says no to LNG
    City on California's coast casts a unanimous vote against Woodside Energy's LNG terminal project.
  • CSDC targets capesize quartet
    Li Shaode-led company lining up a deal for four 300,000-dwt units.
  • NCC inks $392m loan
    Saudi chemical tanker owner gets a credit facility to fund a 10-ship order.
  • Aida adds two
    Carnival Corp orders two 2,170-passenger cruiseships for its German-speaking line.
  • Hubble cleared of all charges
    Jury unable to reach verdict on P&O ferry officer accused of causing death in accident involving yacht.
  • Citic takes 10
    Hong Kong-listed giant buys five mini-capes and five handies at state-owned yards in China.
  • Nori pirate pair nicked
    Police forces in Somalia's Puntland region arrest two pirates after Golden Nori's release but 12 still on the run.
  • UACC buys big
    Dubai-based owner inks eight chemical tankers in $620m spree.
  • Sweden closes the door
    Inspections to check foreign ferries are operating with bow doors shut in Swedish waters.
  • No Christmas stuffing for Fiji
    Transport minister will crack down on owners who look to cram too many passengers onto their vessels over the holidays.
  • Aegean in pole position
    Big-spending Greek bunker player close to sealing $710m takeover of BORCO.
  • No chemicals for N Sea Spill
    StatoilHydro decides against using dispersants on slick from leaking loading buoy which has grown to 23 square kilometres.
  • Finnlines ro-ro damaged
    Antares sent to repair yard after hitting seabed off Finnish port of Abo.
  • Changjiang on target
    Chinese river shipping and tanker operation posts big profit in first 11 months of 2007.
  • MOL wants a trillion
    President Akimitsu Ashida says Japanese giant's capital base could reach landmark ahead of schedule.
  • GE bags Chinese twins
    Mumbai-based shipowner returns to China's Cosco Zhoushan to ink supramax pair.
  • Courage sells dispute ship
    Singapore bulker owner disposes of handysize bulker involved in $7m dispute with Dubai interests.
  • Petra Perdana sells two
    Malaysian offshore owner disposes of 1980s-built crew ships as part of fleet renewal.
  • Lines plan Pakistan service
    OOCL and Yang Ming team up to launch a new service between China and Asian subcontinent.
  • More SapuraCrest snapped up
    John Fredriksen's Seadrill continues to build up its stake in Malaysian drilling contractor.

American Shipperweb site
DECEMBER 13, 2007
  • Zim to start Asia/Europe loop with ex-transpacific tonnage
  • Carriers terminating India/Med/North America loop
  • Repeal of tonnage tax for Puerto Rico denounced
  • United Arab Chemical Carriers orders 8 45,000 dwt chemical tankers
  • Essar buys six bulk carriers
  • Trailer Bridge board shareholder committee
  • TACA revises currency adjustment date
  • Braynard, maritime historian, dead at 91
  • Cathay, Dragonair cargo up 3.5% in November
  • Delayed gantry crane trio set for Los Angeles port delivery
  • FedEx plans new Ohio hub
  • Rep. Thompson welcomes U.S. Customs specs for box device
  • Martinez blocks bill to ease Cuba sanctions
  • Agility to buy Medgroup
  • Portland approves search for terminal concession

The Scandinavian Shipping Gazetteweb site
DECEMBER 13, 2007
  • Poor maintenance likely reason for Norwegian oil spill
    Poor maintenance may well be the reason for the ruptured pipe which led to 4,000 cubic metres (24,100 barrels) of crude oil escaping during offshore loaning from the Statfjord A platform creating a 25 square kilometres oil slick. The oil ...
  • Keel laying of the largest in the world
    On 11 december 2007 the first section of the first of Royal Caribbean's two cruise vessels of the new Project Genesis-type was lifted into the building dock at Aker Yards Turku shipyard. This was a true heavy lift as ...
  • Wärtsilä gensets for Royal Navy's aircraft carriers
    Wärtsilä will supply the main diesel generating sets for Royal Navy's Future Aircraft Carriers to be named HMS Queen Elizabeth and HMS Prince of Wales. The contract is worth approximately EUR 30 million and the first set of diesel generators ...

The Bunker Bulletinweb site
DECEMBER 13, 2007
  • Aegean 'close' to sealing Bahamas deal
    Reports say Aegean founder will go to Venezuela to conclude negotiations.
  • Chemoil appoints new European Sales Manager
  • ARA firm and tight for prompt
  • Singapore bunker sales continue to slide
    Players blame high prices as shipowners hold back.
  • Singapore: Onshore fuel inventory drop
    Middle distillates stocks, meanwhile, climb from week-ago levels.
  • 'Scrubbers' key to future of bunker market
    Ship operators ready to install 'scrubbing systems' as soon as the IMO gives approval.
  • Norway battles North Sea oil spill
    The crude oil was leaked during loading from offshore platform to tanker.
  • Fujairah refinery officially reopened
    Ceremony to mark the first milestone since Vitol took over.

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