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Independent journal on economy and transport policy
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BRIEFS
March 4, 2008
The Business Timesweb site
Shipping News
  • Aker Yards Q4 losses exceed forecast
    Norwegian shipbuilder Aker Yards reported heavier-than-expected losses for the fourth quarter yesterday and fired chief executive officer Yrjo Julin after failing to manage soaring costs in its busiest-ever year.
  • Dry bulk rates seen extending gains
    Shipping rates for commodities may extend their gains because of China's demand for coal and iron ore and the start of the South American grain exporting season.
  • HK carrier's net income quadruples
    Pacific Basin Shipping Ltd, Hong Kong's largest bulk carrier, said that 2007 net income more than quadrupled after China's surging demand for raw materials pushed cargo rates to a record. Net income jumped to US$472.1 million, or 30.1 US cents a share, from US$110.3 million, or 8.3 US cents from a year earlier, the Hong Kong-based shipping company said in a statement to the city's stock exchange yesterday. Sales rose 90 per cent to US$1.18 billion\. \-- Bloomberg
  • Korea oil spill: Firms swop accusations

Sched Netweb site
  • Cosco, China Ocean Shipping take stake in Suez CT from Maersk
  • Sinotrans quits transpacific, shuts Long Beach agency
  • Shanghai expects volume to hit 30 million TEU in 2008
  • Hong Kong-Yokohama Youship service now sails twice a week
  • Merrill Lynch: Asia-Europe box trade promising, but less so on transpacific routes
  • Montreal reports record 2007 traffic, up 9.4pc to 1.3 million TEU
  • Japan Post, Sankyu to form JV to garner world airfreight
  • Atlas Air Worldwide Holdings doubles profits on higher demand and utilisation
  • IATA calls on Pearl River Delta to speed up carbon emissions reductions

Exim Indiaweb site
  • Hamburg Süd, Hapag-Lloyd, HMM and APL expand cooperation in Asia-Australia trade
  • CSAV Norasia adds loop & Malaysian call to VTX service
  • Hanjin adds larger ship to Far East Europe Express run
  • MSC to offer Central America service from mid-March
  • Samsung delivers 9,000-TEU Maersk Alfirk
  • Shipping lines, CTs exact 300 pc rise in Nigerian box handling charges
  • PB Shipping diversifies into ro-ro, orders four ships for $ 375 m
  • Algeciras wins 2008 Andalucia Flag Award
  • Kalmar boosts Port of Tacoma's intermodal operations
  • IMCL boosts DCT Gdansk's feeder links
  • Italy's D'Amico mulls new tie-ups, buyouts
  • Increasing sea mishaps may push up insurance premia by 30pc, calculates DNV Maritime
  • DGS forms 3 sub-groups to suggest ways to promote coastal shipping
  • GE Shipping delivers crude carrier
  • LCL Agencies proves its mettle in handling ODC at Mumbai Port
  • Rice exports set to swell by 18 pc
  • US slashes anti-dumping duty on Indian shrimp
  • New Shipping Secy gets down to business right away
  • KPT takes up trade issues point by point to avert strike by Port users
  • DRFC spadework to begin in 2008-09-Lalu
  • South Central Rly's revenue up by 16 pc
  • Gesture to Tata's Nano?
  • LCL Group's Logix Park deftly handles ODC at CWC's CFS-Adalaj
  • Rs 14,000-cr. corpus proposed for RIDF, Rs 12,966 cr. for NHDP
  • Patent filings from India fell to 686 in 2007
  • Govt may fall back on 1897 law to denotify Goa SEZs
  • MAIT hails focus on more inclusive national economic growth
  • Essar group to invest Rs 50,000-cr. more in Gujarat
  • Nath to take up exporters' woes with PM
  • Tax benefits may not be extended to EoUs, STPIs after March 2009
  • Exports may fall short of target-FM
  • Fund for setting up ITes Dept
  • Apparel industry ignored: CIAe
  • Sugar freight subsidy ends in Oct-Pawar
  • RBI staff strike on March 12

Maritime Global Netweb site
MARCH 3, 2008
  • Golar LNG in terminal deal
  • Ocean Heavylift conversion delayed again
  • US chief engineer admits pollution charges
  • Aker Yards boss leaves
  • UK keeps freeze on light dues

Marine Logweb site
MARCH 3, 2008
  • Northrop Grumman makes key shipbuilding appointments
  • Stevens Institute to lead port security research effort
  • Fairstar to transport Swan dry dock to India
  • HHI books $5.7 billion orders in single month
  • Aker Yards dumps CEO

World Wide Shipperweb site
MARCH 3, 2008
  • Corps reopens John Day locks
  • Crowley adding VIGILANT to fleet of Alaska tugs
  • Washington State Ferries streamlining pair of programs
  • Port of Seattle puts hold on Lora Lake Apartment transfer
  • ILWU executive board endorses Obama for President

Lloyd's Listweb site
MARCH 3, 2008
  • Aker Yards chief Julin steps down
    NORWEGIAN shipyard chief executive Yrjö Julin resigns with immediate effect as company posts $13.2m pre-tax loss.
  • Labour shortages begin to bite at Aker Yards
  • Box line giants consolidate Pacific services
    MAERSK Line, Mediterranean Shipping Co and CMA CGM are joining forces in an effort to gain operating efficiencies.

Fairplayweb site
MARCH 3, 2008
  • US oil guzzlers feel the pain
    US motorists finally appear to be pulling back on consumption due to higher gasoline prices, a negative for tanker markets
  • OSG, Aker relations fraying?
    OSG and Aker Philadelphia, the duo driving Jones Act expansion, are headed to arbitration over a contract dispute. Full story
  • Oil slick clue to Rezzak's fate
    TURKISH authorities who searched for any clue for the missing ship Rezzak have found an oil slick in the Black Sea where the ship is believed to have sunk with 25 Indian sailors onboard. Full story
  • CSAV back in the black
    CHILE'S Compania Sudamericana de Vapores has jumped back into the black reporting $117M profits in 2007, compared with losses of $58M the year before. Full story
  • Boluda gets ready to battle
    IN a major reshuffle, leading Spanish owner Boluda Group has established a subsidiary company that brings the Boluda Group's liners Full story
  • Cloud over Fincantieri-Aker tie-up
  • India to probe shipping 'cartel'
  • INSA head slams Indian government
  • Italy and Spain's 'motorway' link
  • Windjammer debts deepen
  • Ferry death toll rises to 47
  • Regal Stone to pay for Bay spill
  • SeaFrance hit by officers strike
  • RCCL ready for fourth Freedom ship
  • PSA cautious after record volumes

The Journal of Commerceweb site
MARCH 3, 2008
  • Maersk aiming for profitable routes: CEO
    Nils Andersen tells conference that carriers are making logical economic decisions in shifting capacity.
  • NOL volumes up 17%
  • U.S. takes China services dispute to WTO
  • Zim upgrades New Sirius
  • Higher freight prices expected by Norfolk Southern
  • WTO rules against U.S. in shrimp bond dispute
  • French ports face rail strike
  • Greek vessel owners oppose pollution controls
  • Profit up for Geodis
  • JAL projects flat cargo revenue in FY10
  • NYK shuts Panama units

Containerisation Internationalweb site
MARCH 3, 2008
  • Crowley expands logistics services in Guatemala
  • March comes in like a lion as Felixstowe cranes destroyed in gale force winds
  • PSA posts successful 2007
  • Strike at Kandla port postponed
  • HHLA records strong gains

TradeWindsweb site
MARCH 3, 2008
  • Georgakis ousted again
    This time, the former Excel Maritime Carriers chief executive is removed from the board of directors.
  • Omega profits flat
    US-listed products tanker owner sees fourth-quarter profits inch up as the company touts stable earnings.
  • Aries sells Arius
    Nasdaq-listed owner sells 1986-built aframax products tanker for $21.8m.
  • Lines share transpac
    Danish container liner Maersk Line joins Mediterranean Shipping Co and CMA-CGM in a vessel-sharing agreement in the transpacific trade.
  • Ansac Orient worth $39.5m
    Handysize bulker in the fleet of Imabari Senpaku is sold to undisclosed buyers.
  • Marad scraps trio
    US Maritime Administration pays shipbreakers $1.1m to recycle three reserve fleet vessels.
  • US closes OSG probe
    Waste oil and records investigation of New York-based owner's tankers is closed nearly a year after the US company reports on itself.
  • Viking deal reached
    ITF and Finnish Seamen's Union in out-of-court settlement with ferry operator over flagging-out case.
  • Molaris faced fraud case
    Company documents show Quintana Maritime boss was cleared in a Greek court over a EUR 1.2m fraud allegation.
  • Tango scores $65m
    Handymax bulker is sold to Greek buyers more than a month after a $71m deal reportedly fell apart.
  • Seatruck orders ro-ro quartet
    Clipper-owned freight player goes for four-deckers at Flensburg in Germany.
  • Frenzel's merger deal dead
    Plans to bring Hapag-Lloyd and its parent under one roof killed off by shareholder revolt, sources say.
  • Star Pacific had "pre-existing corrosion"
    Accident probe shows bad weather made Carnival-owned cruiseship's condition worse off New Zealand last year.
  • Globus trio in waiting
    George Karageorgiou is banking on a bumper dry-cargo market in the second quarter with three ships standing by for when rates head north.
  • Hebei Spirit accusations fly
    Hosco and Samsung do battle in court case arising from Korea's worst oil tanker spill.
  • Hext gung-ho on ro-ros
    Pacific Basin chief executive says bulker owner entered ro-ro market before it gets too hot.
  • HHI bags record
    Nearly $6bn worth of new orders in February sees South Korean giant set new milestone for world shipbuilders.
  • Voulgarakis issues open invite
    Shipping minister seeks to cash in on London's tax wrangles and bolster the presence of Piraeus on the international stage.
  • Oman to launch ferries
    High-speed service to cut out drive from Khasab through UAE to Muscat.
  • 'Chronic shortage' at China yards
    Lack of components parts such as engines could delay or scupper newbuilding deliveries, Pacific Basin warns.
  • Eships adds two
    Abu Dhabi tanker owner branches out into LPG with order at STX in Korea.
  • Nynas buys bitumen ships
    Swedish refiner teams up with domestic operator Frederiet for Chinese double.
  • Pac Basin bags a packet
    Hong Kong bulker owner sees profit soar as bulk market spikes and it bags sale-and-leaseback cash.
  • Karageorgiou cashes in
    AIM-listed Globus Maritime sees larger fleet bring in greater rewards in 2007.
  • Aker Yards overstretches
    Norwegian shipbuilder blames weaker annual profit on "operational challenges" caused by big orderbook.
  • Aker eyes fourth Freedom ship
    A bit of good news for struggling yard group, as it nears cruiseship deal with Royal Caribbean.
  • Julin pays the price
    Aker Yards searching for new boss after Yrjo Julin agrees to leave following "disappointing" fourth quarter loss.
  • Green seals charter
    Norwegian owner signs up reefer for seven years with domestic operator Zahl.
  • Itaguai back to full strength
    Brazilian mining company Vale says iron ore shipments from its terminal have returned to normal.
  • STX finance plans dismissed
    Analyst at Goldman Sachs says move would divert management away from core shipping business.
  • Free Jupiter returns
    Ion Varouxakis-led bulker player says handysize bulker is back in action after completion of repairs.
  • ZIM upgrades Sirius
    Israeli container line says it is enhancing its links between the Mediterranean and South America.

American Shipperweb site
MARCH 3, 2008
  • Maersk, CMA CGM: No plans to expand transpacific partnership, yet
  • Indian exporters again bemoan shipping costs, blame conferences
  • Seaboard Marine reports higher volumes, flat rates
  • CTSA lines adjust April BAF, CAF
  • Crude carrier supply to stress Mideast to Asia rates in short term
  • Hapag-Lloyd names 8,749-TEU boxship
  • Esco Marine to scrap 3 U.S. government cargo vessels
  • OOCL showcases environmental efforts
  • UPS revises 2007 earnings per share
  • Smulders to replace Martinelli as EGSAC president
  • DSV buys Roadferry from Peel Ports
  • Andean trade program extension sent to Bush for signature
  • Slovakia, Cuba enter new trade pact
  • Ward named to top job at Famous Pacific Shipping
  • Samuel Shapiro & Co. names director of operations
  • PSA profits rise 59% in 2007
  • Ports, steel scrap benefit from India's latest budget
  • Congressional panel supports SoCal cargo maglev system
  • Seattle port reorganizes capital projects management

The Scandinavian Shipping Gazetteweb site
MARCH 3, 2008
  • SMA warning on "invisible" AIS vessels
    During the end of last week, a Swedish pilot boat noticed that position data transmitted from one vessel through the AIS system could not be received by another vessel. The Swedish Maritime Administration, SMA, issued a navigational warning and soon ...
  • Royal Caribbean may order a fourth Freedom vessel
    Aker Yards and Royal Caribbean Cruises Ltd. have agreed about the basis on which a fourth ship in the 158,000 GT Freedom class could be ordered. If the deal is closed the vessel would be delivered in the second half ...
  • Mærsk and Catering Union makes peace
    A. P. Møller-Mærsk and the union for catering officers Dansk S'-Restaurations Forening (DSRF) has made peace after the heavy signals upon the notice of lay off for 164 Danish catering officers. In a joint statement the two parties ...

The Bunker Bulletinweb site
MARCH 3, 2008
  • Newbuild earmarked for Canary Islands
    Product tanker will be latest addition to O.W. Group's operations along West African coast.
  • US company buys barge fleet
    TEPPCO says it is capitalising 'on the growing demand for barge services'.
  • Lubes barge showcasing 'green' technology
    BP-owned vessel fronts EU-funded project to demonstrate ship emission reductions.
  • China close to deal on Venezuelan fuel oil
    PetroChina poised to become one of the biggest single buyers of Venezuelan product.
  • Bunker market report from Praxis
  • Rotterdam market holding firm
  • OPEC mulls production cut
    Oil markets stay close to record levels, but some OPEC members predict slump in demand.
  • New independent director at Chemoil
    Peter Meade joins the company's Board of Directors.
  • Competition heats up in Sri Lanka
    End of what has effectively been a monopoly on bunker fuel sales expected to bring prices down.
  • Double-hulled tanker for Hong Kong
    Soaring Dragon's fleet swells to six with delivery of third double-hull bunker tanker.

›››File
FROM THE HOME PAGE
PORTS
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
In decisa crescita il traffico delle merci nei porti tunisini
Nel trimestre aprile-giugno è stato di 7,4 milioni di tonnellate (+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
SHIPYARDS
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
SHIPYARDS
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
ACCIDENTS
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
CRUISES
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
PORTS
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
PORTS
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
COMPETITION
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
FREIGHT TERMINALS
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
INTERMODAL TRANSPORT
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
PORTS
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
PORTS
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
LEGISLATION
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
ACCIDENTS
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
SHIPPING
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
PORTS
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
TRANSPORTATION
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
SHIPPING
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
TRANSPORTATION
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
ACCIDENTS
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
PORTS
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
PORTS
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
PORTS
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
ACCIDENTS
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
PORTS
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
CRUISES
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
PORTS
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
SHIPPING
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Washington/Southampton/Rotterdam
Meanwhile, another tanker, the "Stolt Magnesium", was hit by a missile near Oman
SHIPPING
European shipowners call for permanent derogations from the EU maritime ETS after 2030
Brussels
Exemptions for connections with islands and outermost regions, for polar class vessels, for transnational public service obligations and for search and rescue activities
RAILWAY TRANSPORT
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
ACCIDENTS
Two VLCCs operated by the UAE's ADNOC were attacked in the Strait of Hormuz.
Abu Dhabi/Tampa
US Central Command announces reinstatement of blockade on maritime traffic in and out of Iranian ports
SHIPPING
Trump announces a tax on goods passing through the Strait of Hormuz protected by the US
Washington/Portsmouth
Expected to be equal to 20% of the value of the transported loads
SHIPPING
Six-monthly vessel traffic in the Straits of Malacca and Singapore increased by +3.7%
Port Klang
In the second quarter of this year alone, a decrease of -0.5% was recorded
SHIPPING
In May, naval traffic in the Suez Canal increased by +15.0%
Cairo
In the first five months of 2026, 5,696 ships passed through the port (+12.7%)
SHIPPING
OOCL records sharp increase in containers carried by its fleet
Hong Kong
In the April-June quarter, revenues generated by this activity grew by +19.8%
ACCIDENTS
Strait of Hormuz, a container ship was attacked near the coast of Oman
Muscat/Portsmouth/New Delhi/Tampa
Fire on board. One crew member missing. 23 other sailors rescued.
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%.
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
COMPANIES
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
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
SHIPPING
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
COMPANIES
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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
LOGISTICS
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
ASSOCIATIONS
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
SHIPPING
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
EDUCATION
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
INDUSTRY
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
NEWS
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
SHIPPING
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
ACCIDENTS
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
ACCIDENTS
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
SHIPPING
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
INTERMODAL TRANSPORT
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
PORTS
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
CRUISES
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
PORTS
Western Liguria Port Authority approves 2026 budget update
Genoa
PORTS
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
INDUSTRY
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
PORTS
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
PORTS
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
SEAFARERS
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
PORTS
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
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
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
ASSITERMINAL
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
PORTS
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
PORTS
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
PORTS
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
PORTS
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
RAILWAY TRANSPORT
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
PORTS
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
PORTS
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
SHIPYARDS
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
PORTS
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
LOGISTICS
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
INDUSTRY
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
SHIPYARDS
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
SHIPPING
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
INTERMODAL TRANSPORT
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
LOGISTICS
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
JOBS
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
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