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Independent journal on economy and transport policy
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BRIEFS
August 11, 2008
Sched Netweb site
  • 'K' Line invests in mainland Quanzhou ship repair yard
  • NYK opens new office in St Petersburg
  • 2008 China Logistics Tour launched in Chengdu
  • China's international forwarders council meet in Anhui
  • India's ports see growth of 19pc this year
  • Port of Hamburg handles five million TEU in first half
  • Container supply chains given boost by EC-funded project
  • Norfolk Southern rail posts 15pc more profit in second quarter
  • China Southern resumes Changchun-HK-Vladivostok services
  • Air cargo falls for first time since 2003 SARS crisis
  • Management Dynamics offers air rate manager solution
  • Kenya's Astral Aviation awards cargo services contract

Exim Indiaweb site
  • Smooth launches FormFree to immensely benefit CHAs
  • MNSL's new service expedites LCL & perishables transport to Male ex-Tuticorin Port
  • NOL sees no 'wave' of consolidations in maritime scenario
  • NOL invited to next stage of Hapag-Lloyd sale process
  • Varun Shipping to buy 3 deep-water anchor handlers
  • WTO quashes US Customs bond requirement from shrimp exporters
  • Egyptian, Iraqi purchases encourage tea exporters
  • Vizag Port excels with new daily unloading record
  • Cabinet clears maritime MoU with Holland
  • Rlys hauls in more freight earnings in April-July
  • Law Ministry scrutinising stamp duty exemption granted to SEZ units
  • EEPC wants interest subvention scheme retained till March 2009
  • Rising tax revenues tell different economic tale
  • Concrete offers alone can impart meaning to early resumption of trade talks-US official
  • RBI steps may take 6 months to leash prices-Chidambaram
  • Commerce Ministry asks Finance Commission to evolve permanent formula, gives suggestions
  • Parasmal Nahta & Dinesh Gupta remain at GCC&I helm

Marine Logweb site
AUGUST 8, 2008
  • $80.9 million Navy job for Metro Machine
  • Aker Yards Board recommends STX offer

World Wide Shipperweb site
AUGUST 8, 2008
  • Port Tracker report predicts cargo volume drop in 2008
  • US rail freight traffic rolls to negative week
  • Top Ships reaches deal to terminal bareboat charters
  • Corps eyes Cowlitz River for flood protection levels
  • Five new organizations to take part in environmental management program

Lloyd's Listweb site
  • CSBC set its sights on $300m new orders
    CSBC Corp is on its way to clinching a $300m bulk vessel order from Taiwan Power Co.

Fairplayweb site
AUGUST 8, 2008
  • Warsaw says EC yard deadline extended
    THE EC has extended Poland's deadline for submitting bids for the nearly bankrupt shipyards of Gdynia and Szczecin by two weeks, Warsaw's treasury minister said today
  • Subic suspension after 14th death
    AT HANJIN HI's Philippines shipyard, a subcontractor has been suspended after another worker was killed
  • Carnival uneasy with Big Easy
    CARNIVAL'S 70,367gt Carnival Fantasy will be diverting from its New Orleans homeport for longer than expected following the fuel spill in the Mississippi River
  • Hyundai Steel closes coking coal deals
    HYUNDAI Steel, a major supplier of thick steel plate for Korean shipyards, has signed coking coal supply contracts with Rio Tinto and Westfarmers of Australia
  • Teekay shares tank to four-year low
    TEEKAY stock has plummeted 16% in extremely heavy trading after results fell significantly below expectations
  • India clears giant mill-port scheme
    INDIA'S Supreme Court today cleared a plan by POSCO of South Korea to build a giant steel mill and port project in Paradip, Orissa state

The Journal of Commerceweb site
AUGUST 8, 2008
  • NOL, Hamburg group proceed to next round of Hapag-Lloyd bidding
    A third, unnamed bidder also is said to be in the running, and the winner could be announced in October.
  • Clean-trucks hearing set for Sept. 8
  • Canada pushes cold-ironing
  • House panel to study UPS-DHL alliance
  • Atlas Air profit plunges
  • BA World Cargo to cut fuel surcharge
  • Farm Bill's illegal-logging ban hits shippers, logistics companies
  • Hyundai's operating profit soars as net earnings dive
  • Congress gives "3PL" a definition
  • U.S. surface trade dips with Canada, Mexico

Containerisation Internationalweb site
AUGUST 8, 2008
  • China: Faster, higher, and stronger?
    As the crème de la crème of the world's athletes compete in the 29th Modern Olympic Games in Beijing, China, the concern over poor air quality is a salutary reminder of how indebted and dependent the rest of the world has become on the omnipresent Chinese factory.
  • Sydney box trade up 10%
  • Russia's NCC terminal's overall throughput up ' but its NUTEP volume tumbles
  • OOCL launches new Indonesia service
  • Santos execs on the move
  • NOL into the play-off

TradeWindsweb site
AUGUST 8, 2008
  • DryShips buys
    George Economou-led owner reportedly buys a panamax bulker with an attached time-charter.
  • Topaz traded
    Undisclosed buyers are reportedly taking an Overseas Maritime Carriers chemical tanker newbuilding for $62m.
  • Sell-off 'overdone'
    Analysts say Thursday's plunge in Teekay Corp stock was an overreaction to earnings restatement.
  • Shipping axed
    Bank WestLB shows shipping finance the door as part of "major restructuring" with credit crunch blamed.
  • Santos buys in
    Brazilian terminal operater snaps up general cargo terminal at the port of Imbituba.
  • It's quotes time
    Peter G is keeping an eye on his wallet while Teekay drops the bomb on investors.
  • Fugro grows
    Dutch Seismic player sets sights on bumper end of year as first half reveals 26% profit increase.
  • Slick suit
    Norwegian shipowners embark on long distance legal battle over bulk carrier oil spill.
  • Fire on LNG ship
    Lightning strikes Exmar-managed vessel off Belgium, crew bring blaze under control.
  • Axe falls in Malta
    Troubled yard to chop half its workforce ahead of sale, finance minister says.
  • Hansson has a ball
    Herbjorn Hansson-led NATS banks more in the first half of 2008 than in the whole of last year thanks to peak in suezmax rates.
  • Aker says yes
    Europe's largest shipbuilder gives reluctant ok to South Korean takeover bid.
  • Bulgare bargain?
    German linked buyer to put $930m into privatisation and revamp of Bulgarian national shipping company.
  • More for Kyoei
    Japanese VLCC owner sees first quarter profit rise by 25% despite falling revenue.
  • Slimline tonic
    CH Offshore's smaller fleet exceeds its full-year expectations despite dip in profit.
  • Yards behind
    Aker Yards admits "need for further improvement" after slumping to large second-quarter loss.
  • Eidesvik sells PSV
    Jan Fredrik Meling-led offshore owner strikes while the iron is hot to offload vessel for around $38m.
  • Good Toei story
    Part II of financial year set to be a blockbuster for Japan's Toei Reefer as profit set to come to life.
  • Mixed message
    Inui Steamship sees profit spike 83% in the first quarter, but the bulker owner cut its full-year forecast.
  • $18m double deal
    Andre Goedee's Dockwise picks up two offshore contracts to keep its heavy-lift fleet busy.
  • Brazil tempts BHP
    Mining giant BHP Billiton could be eyeing $900m investment in new Brazilian iron ore terminal.
  • Hitachi gloomy
    Japanese yard Hitachi Zosen predicts loss-making first half despite swinging to black in latest quarter.
  • P&O inks pair
    UK ferry company puts pen to paper on EUR360m deal for two ro-paxes at Aker Yards.
  • Oakajee is a go
    New capesize port in Western Australia closer to reality following contractor selection.
  • NOL goes through
    Singapore liner operator says it has made the next phase of the bidding for Hapag Lloyd.
  • HMM plunges
    Missing disposal gains and weak currency lead to 11-times drop in net profit at Hyundai Merchant Marine.
  • Surabaya bound
    Hong Kong's OOCL to launch new feeder service between Singapore and Indonesian.
  • Thumbs up
    Analysts upbeat about Rickmers Maritime Trust and its prospects in sector downturn.

American Shipperweb site
AUGUST 8, 2008
  • NOL, Hamburg consortium only bidders left for Hapag-Lloyd
  • Economists forecast drop in container volume
  • Seaboard earnings take hit from accounting error
  • TBS International: "best quarter in history"
  • OOCL launches Indonesia dedicated feeder
  • Could Smith positively, absolutely help McCain win the election overnight?
  • Truckers question hazmat restrictions on the "Big Dig"
  • Huber added to COAC
  • New BDP office focuses on Indonesian oil, gas and mining industries
  • SEKO opens new Scotland office
  • Hutchison leaves TT Club for cheaper insurance
  • Guam seeks relief from California container fee
  • Southern California ports move to delay truck plan injunction
  • Oakland port approves truck retrofit funds and study to eliminate owner operator drivers

The Scandinavian Shipping Gazetteweb site
AUGUST 8, 2008
  • Aker Yards signs firm contract with P&O
    A letter of intent signed in June 2008 between Aker Yards and P&O Ferries about building two large car-passenger ferries for the Dover-Calais service has now been turned into a firm contract. The total contract price for ...
  • European development bank invests in FESCO
    European Bank for Restructuring and Development has for USD 120 million acquired 3.8 per cent of the shares in the Russian shipowning and logistics company Far Eastern Shipping Company, FESCO. The deal was made in connection with a share ...
  • Five years of faulty book-keeping in Teekay
    At the same time as announcing one of its best quarter results ever, Teekay informs that the financial results for the last five years are unreliable because of faulty accounting of derivate transactions. All financial statements from 2003 will be ...

The Bunker Bulletinweb site
AUGUST 8, 2008
  • High bunker prices here to stay?
    Oil market data suggesting a wide range of possible future numbers.
  • Barge fuel recovery completed
    Cleanup efforts being scaled back as operations moving to 'managed recovery'.
  • China to 'expedite' Hambantota funding
    Promises made during state visit.
  • Bunker costs 'not yet a threat' to exports
    Chinese export boom is surviving higher fuel prices, say market players.
  • Singapore bunker prices at two-week low
    Bunker hub sees 380 cst product down by $20.
  • Rotterdam prices dive as fundamentals weaken
    Solid inventories, weak bunker demand and lack of arbitrage driving prices down.
  • WFS claims 'phenomenal' results
    World Fuel Services Corporation reaps rewards from second quarter price volatility.
  • Rotterdam market remains very quiet
  • 180 cst shortage at Indian ports
    Supplies of MGO have resumed in the Gulf of Kutch, local supplier says.
  • Indian refiner sells fuel cargo into Middle East
    Traders expecting more competition between Singapore and the Middle East for cargoes from India.
  • Global tanker fleet being used 'inefficiently'
    Slow steaming among reasons for tight tonnage availability.
  • Shipowners' bunker costs surge 87%
    Shipping association concerned about the effects of rapidly rising bunker fuel prices.
  • Singapore residual fuel stocks at 10-week low
    Stocks of middle distillates also fell to the lowest levels in 3 weeks.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
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.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
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
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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.
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