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BRIEFS
December 8, 2008
The Business Timesweb site
Shipping News
  • Moller-Maersk slashes container rates from Asia to US by 25%
    Danish shipping and oil group AP Moller-Maersk has slashed container freight rates from Asia to the US West Coast by nearly a quarter as the American economy slows, industry sources said last Friday.

Sched Netweb site
  • UASC's AEC2 starts to call at Shenzhen's YICT
  • Maersk cuts transpacific container rates by nearly 25pc: report
  • Port Tracker: US container traffic falls for 16th month, down 5.4pc
  • Guangzhou's Q4 export growth expected to fall
  • Fesco elects chairman, ex-Colorado governor on board
  • Wuhan new port starts construction on four terminals
  • Rotterdam Rules may boost liability for terminal operators
  • DHL plans to make China its biggest international market
  • Move to expand Lisbon container port meets stiff resistance
  • Quarrel puts Uganda container depot project in jeopardy
  • Coyne Airways air cargo prospers in Caspian Sea region
  • UAL's performance slides in November
  • Bogus Qantas engineer produces reference from Liberal senator

Exim Indiaweb site
  • GE Shipping takes delivery of LR1 product tanker
  • SCI's SMILE service makes maiden call at Act, Mundra
  • Marine insurance premium may fall
  • OOCL opens branch office in Kolkata
  • GTI fastest to attain 3 m TEUs
  • Security strengthened at Cochin Port
  • Home Ministry asks maritime states to review coastal security plans
  • JN Custom House chief inaugurates franking machine at BoI branch
  • Petrol price cut by Rs 5, diesel Rs 2
  • Lending rate, reverse repo rate cut by 100 basis points each
  • Exim Bank inks 150-m euro deal with EU bank
  • Withdrawal of interest subvention scheme worries small exporters
  • Inflation falls further

International Transport Journalweb site
DECEMBER 5, 2008
  • Maersk Line combines feeder volumes
  • AUA expects loss of EUR 400 million
  • CargoLine offers next day delivery
  • Agility broke ground for Shanghai logistics hub for Borouge
  • Truck & Bus World Forum 2008 opening next week

Maritime Global Netweb site
DECEMBER 5, 2008
  • Antarctic cruise ship evacuated
  • Danish warship rescues pirates, sinks their boat
  • EC proposes passenger rights rules
  • EMSA contracts vessel for Atlantic coast

Marine Logweb site
DECEMBER 7, 2008
  • Pirates strike 450 miles east of Tanzania
  • Austal names COO for Australian operations
  • Rep. William Jefferson loses reelection bid

World Wide Shipperweb site
DECEMBER 5, 2008
  • Portland Port Commission eyes transport plan changes
  • Port of Vancouver, USA taps two new employees
  • Heroic acts earn seafarer IMO Bravery as Sea honor
  • Maersk plans to lay up eight container vessels
  • Expansion project bids received by Panama Canal Authority

Lloyd's Listweb site
DECEMBER 5, 2008
  • Owners fear domino effect from loss of trust
    ECSA chairman Philippe Louis-Dreyfus warns industry erosion of confidence could force market down further.
  • Market holds breath for news of derivatives defaults
  • IMO calls for policy on arming vessels
    FLAG states should work with owners to come up with a policy on carrying armed professional security teams on ships.
  • Transpacific box rates dragged down by weak demand
    ASIA-US rates 'fall substantially' as recession in America hits demand.

Fairplayweb site
DECEMBER 5, 2008
  • Berlin turns on shipping funding tap
    GERMANY'S federal government is pledging hundreds of millions of euros in financial guarantees and disbursements to German yards and ports to mitigate the economic downturn
  • Piracy spreads to South China Sea
    PIRATES have reportedly attacked a coal ship 10 n-miles off Malaysia
  • Polish yards snagged on layoffs
    POLAND'S main opposition party refused today to support the government's bill on severance packages for shipyard workers
  • US LNG crisis deepens
    US LNG imports are falling more rapidly than predicted, bolstering the case against new terminal schemes and raising serious concerns about existing facilities
  • Pollution payout over Hawaii reef
    OWNERS of the pollution control vessel Casitas have today agreed to pay $2.8M a consent decree filed in a Hawaiian federal court for damages caused when the vessel grounded on a reef in July 2005
  • Subcontractor yard peril warned
    TURKISH shipyards are using a subcontractor system that results in deadly working conditions, a union leader warned Fairplay today
  • Cruise ship hits rocks in Antarctica
    AN ARGENTINE cruise ship ran aground off Antarctica last night but is not at risk of sinking, an Argentine maritime official told Fairplay today

The Journal of Commerceweb site
DECEMBER 5, 2008
  • Court delays LA-LB trucks ruling until '09
    Federal judge won't rule before next year on FMC's request to block parts of the clean-trucks program at Southern California's largest container ports
  • Thousands must re-apply for TWIC after contractor error
  • Box slide hits 16th month
  • Container capacity shrinks
  • US, China in trade co-op
  • Export ABCs: Cargo insurance
  • Asia-NZ slots for Maersk
  • Panama Canal gets bids for latest expansion project
  • Canada's Hamilton port launches short-sea service
  • UK railroad cutting jobs
  • November worst for rail

Containerisation Internationalweb site
DECEMBER 5, 2008
  • To lay-up or not to lay-up: that is the question
    Today's 64-million-dollar question at the top of the agenda for embattled ocean carriers and boxship owners is, yes or no: should we lay-up surplus or redundant vessel capacity? It's a tough call. Electing to mothball depreciating assets - while still incurring significant operating overheads - has to be weighed up against the race-to-the-bottom risk scenario: the more cargo you carry the more you lose
  • 'Rotterdam Rules' heads up for terminal operators
  • Barcelona breakwater finished
  • 'The Box' arrives in LA
  • Maersk improves intra-European service [corrected copy]
  • CN concludes deal with third Chicago suburb

TradeWindsweb site
DECEMBER 5, 2008
  • Ports slow further
    US container ports report 16th straight monthly drop in traffic in November, bringing the figure to the lowest since 2004.
  • CSAV attacked
    Company official says shots were fired as a Chilean-controlled boxship was attacked off Somalia.
  • CGG gets OK
    Norwegian competition officials give Robert Brunck-led CGGVeritas the go-ahead to take over Wavefield Inseis.
  • Dry fireworks?
    Could the New Year spark a return to form for bulkers with Chinese mills lighting iron ore fuse early?
  • Pittas pounces
    Euroseas picks up $18m handymax as it looks to exploit falling ship values to build up its fleet.
  • It's quotes time
    SwissMarine steps out of the ring with ArcelorMittal and have Somali pirates set a booby trap?
  • Double trouble
    Offshore term charter rates will be sliced in half by 2010 as budget cuts and newbuilding deliveries bite market, Nordea says.
  • Bulker sold
    Fall in asset prices shown up as Japanese-controlled panamax goes for $11.8m.
  • Gdansk deal
    Polish property ministry comes up with aid to help shipyard's new owner Donbas pay off debts.
  • All change
    Top two execs at Finnish offshore and icebreaking owner Finstaship have quit after tough year.
  • No bid
    Danish watchdog rules Nordic Tankers' chairman Steen Bryde did not reach ownership threshold that would trigger mandatory offer.
  • Eisa bags order
    Transpetro places order at Brazilian shipyard for four panamax tankers after Rio Naval deal falls apart.
  • Nickel pickle
    Vale shuts Canadian nickel mine for "undetermined period" and another for a month as dry woe worsens.
  • River raids
    The Gulf of Aden can't be rivalled as a piracy hotbed, but the Danube in Serbia is emerging as another troublespot.
  • Cash call WoE
    Shipowners face demand for $140m and 19% premium increase as West of England Club hit by investment loss.
  • 10bn dollar man
    Wei Jiafu's Cosco pens $10.48bn credit line with Bank of China.
  • Bulker attacked
    Pirates board coal ship off Malaysia, taking cash and phones but not hijacking vessel.
  • Charge chopped
    Cruise giant Carnival bins fuel surcharge throughout its US operation in response to falling pump prices.
  • Zim backed
    Container line could receive cash injection of up to $150m from parent Israel Corp next year in tough markets.
  • Pirates rescued
    Danish navy saves Somali suspects stranded by engine failure - and then sinks their ship.
  • NRP says sell
    Norwegian investment bank joins growing list of analysts with sell rating on Frontline as it begins coverage of the tanker giant.
  • Faina deal off?
    One claim indicates ransom needs to be renegotiated but another says money is already on the water.
  • Newbuilding fixed
    John Fredriksen's Seadrill ties up $380m five-year deal with Chevron for semi-tender rig.
  • Downgrade row
    Shipowners' Club protests as rating agency predicts significantly reduced free reserve.
  • Yard aid
    Vyborg Shipyard to receive state backing to complete its new $2.1bn facility at Primorsk.
  • L&T scales back
    Indian shipbuilding newcomer to cut investment at new Kattupalli yard and stick to heavy-lift, naval vessel construction.
  • Attack foiled
    German frigate scares off suspected pirates as they approached German cruiseship Astor in Gulf of Aden.
  • Fos fiasco
    Crude and products tankers building up in key French port as strike goes into second day.
  • EU gets tough
    EU taskforce to go on the offensive in Somalia and actively pursue, attack and capture pirates.
  • ABG a 'sell'
    US investment bank Citi downgrades Indian shipbuilder over credit crunch and order book concerns.
  • Slow speed kits
    Wartsila introduces new kits designed to enable ships to reduce speed without causing damage.
  • Antarctic casualty
    Argentine adventure cruise ship carrying 122 people runs into trouble, but in no danger of sinking.

American Shipperweb site
DECEMBER 5, 2008
  • Maersk Line lays up eight ships
  • What can you do with an empty container?
  • BA Cargo going back to Saudi Arabia
  • EJ&E sale would boost Chicago area gross regional product
  • i2 spikes JDA merger
  • Chertoff warns about scan-all, special interests
  • FDA reports progress on food import safety
  • 3PLs: Cut inefficiencies and supply chain will green itself
  • Richardson to lead Commerce Department
  • CBP ratchets enforcement of pocketing fabric rule
  • UTi Worldwide reports higher earnings
  • Project forwarder signs up Wangfoong in South China
  • Seattle port investigators say they found fraud
  • ILA, employers will begin contract talks in February
  • Panama Canal receives phase 3 excavation bids
  • Baltimore in deal with Finnish paper company
  • Tacoma tracks intermodal moves with GPS

The Scandinavian Shipping Gazetteweb site
DECEMBER 5, 2008
  • Finstaship directors resign
    Managing director Esko Mustam'ki and financial director Hannu Haltsonen at Shipping Enterprise Finstaship in Finland are resigning their offices. Master mariner Veijo Hiukka has temporarily been appointed new managing director. Finstaship is expected to generate a clear loss for 2008 ...
  • Maersk Line to lay up eight container ships
    Maersk Line will lay up eight container carriers for at least the coming six months in order to reduce the capacity on the services, due to a declining market. However, some of the eight vessels will be laid up in ...
  • Absalon handed over pirates
    On Friday morning the Danish frigate Absalon handed over eight suspected Somali pirates to the authorities in Yemen as distressed seafarers. Last night they were taken on board Absalon after being found drifting at sea. The engine on the pirate ...

The Bunker Bulletinweb site
DECEMBER 5, 2008
  • Company to suspend charges
    Decision reflects 'sustained lower price of fuel'.
  • Bearish crude takes bunkers lower
    Weakening economy weighing heavily on energy markets.
  • Risks of reducing surcharge too great
    Ferry company says it 'vigoroulsy reviewed options'.
  • Fuel oil imports to fall month-on-month
    Asian arbitrage volumes 'returning to normal'.
  • Potential 'bunker boom' for West Africa
    Vessels rerouting to avoid pirate attacks generate interest in alternative bunkering locations.
  • Gibraltar Government faces new questions on bunkering
    Opposition party wants 'clear policy' on the use of floating storage.
  • Bunkers end week with more losses
    Prices fell following a drop in crude oil price.
  • Plans to increase bunker output
    Transbunker wants to increase production from its Vanino refinery.
  • Philippine supplier suspended
    It loaded bunkers on its single hull tanker despite a government ban since May.
  • Bunkers go online at Malaysian port
    The new system will increase service efficiency.
  • Merrill Lynch predicts $25 oil in 2009
    The bank also reiterates its $50 a barrel average oil price forecast for next year.
  • Malaysian shippers trim bunker surcharge
    The revised rates reflect a drop in fuel prices in recent months.
  • O.W. tankers 'performing extraordinarily well'
    New double hulls are faster with higher pumping rates.
  • Grounded cruise ship leaks fuel
    122 people onboard vessel on the Antarctic coast.

›››File
FROM THE HOME PAGE
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
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.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
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
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
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
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
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