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Independent journal on economy and transport policy
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BRIEFS
February 13, 2009
Sched Netweb site
  • OOIL ready to cut 25pc of capacity in first quarter
  • APL delays deliveries, but sees hope in infrastructure spending
  • CMA CGM's box ship owner makes deal to avoid default
  • Indian ports see encouraging record growth 2008
  • Suzhou-Japan express shipping line 'faster than air freight'
  • Guangzhou's 2008 foreign exports grew 13.4pc
  • Le Havre Port chairman Jean-Pierre Lecomte honoured
  • Port Klang up 12pc, rises to 15th world biggest box port
  • Capacity added to SAECS for seasonal reefer trade
  • CN, Norfolk Southern to share track, create MidAmerica Corridor
  • Economy of scale prompts Hamburg Sud Oakland terminal switch
  • South Carolina Jasper CT plan on hold as downturn deepens
  • Panama Canal picks Deloitte as lock expansion auditor
  • Cathay passengers up 2.4pc, but cargo down 26pc in January
  • China Southern Airlines' cargo volume falls 4.3pc in 2008
  • Wilmington 'transition centre' to retrain ex-DHL workers
  • Air France-KLM air cargo demand drops 23pc in January
  • Redoubt's volcanic ash threatens Anchorage airport

Maritime Global Netweb site
FEBRUARY 12, 2009
  • Tanker market warning
  • USN detains suspected pirates
  • UK Club warns on mooring accidents
  • Mending coral reefs
  • Record profits for Eitzen Maritime Services
  • Wilhelmsen: record profit but uncertain future

Marine Logweb site
FEBRUARY 12, 2009
  • Obama Administration unveils offshore energy plan
  • Vella Gulf detains more pirate suspects
  • Connaughton joins ABS
  • Geiger to be BIW president
  • USCG moves to speed up mariner credentialing
  • DNV: Ship recycling soars

Lloyd's Listweb site
  • Germany's KG system in crisis as banks turn up the pressure
    WITH financiers due to pay next newbuilding instalments, banks insist on more security before releasing funds.
  • Investors put less cash in KG houses
  • Idle boxships approach 10% of fleet
    LATEST Lloyd's MIU data show 427 boxships currently unemployed.
  • Samsun Logix Hellas facing claims over unpaid charter fees
    GREECE-based owner linked to troubled South Korean bulker operator Samsun Logix, is facing a raft of rule B attachment applications.

The Journal of Commerceweb site
FEBRUARY 12, 2009
  • ILA, USMX plan more contract talks
    Union, employers fail to reach agreement on new longshore contract in three days of meetings
  • Box charter rates plummet
  • 'Highly uncertain' outlook for ro/ro's Wilh. Wilhelmsen
  • Höegh in restructuring
  • Hapag-Lloyd hikes rates for Asia-Europe, Atlantic routes
  • Miami port sees gains
  • JAL, NCA in US cargo deal
  • Piracy surcharge for UASC
  • FedEx Express expands facilities in Mexico
  • US narrows trade gap
  • ILA, USMX open talks

Containerisation Internationalweb site
FEBRUARY 12, 2009
  • ANL pushes Tasman changes
  • Hapag-Lloyd joins ocean carrier fight back
  • 'The Box' arrives in Brazil
  • Lay-ups reach alarming proportions
  • ELAA release ocean carrier stats

TradeWindsweb site
FEBRUARY 12, 2009
  • Try, try again
    Spanish warship Victoria gets involved as pirates armed with rocket-propelled grenades make two hijack attempts off Somalia.
  • Star suspends
    Lenders relax asset value covenants for Tsirigakis-led bulker owner, but dividend payments are shelved.
  • Navy nabs more
    USS Vella Gulf intercepts nine more suspected pirates after Mercator Lines ship calls for help.
  • OGX launches
    Independent Brazilian oil and gas firm is poised to launch exploration drive with five chartered-in offshore vessels and four semi-submersible rigs.
  • Targeting 'stable'
    DnB NOR shipping chief speaks to TradeWinds Web TV about the Norwegian bank plans for this year and its reponse to covenant breaches.
  • Far less taxing
    Farstad books huge rise in fourth quarter profit to help bury memories of last year's taxman inspired loss.
  • Big incentive
    Drop in expenses from long-term incentive plan helps tanker owner Teekay to bigger nine-month profit.
  • 'No fear'
    Ingar Skaug says Wilh Wilhelmsen has no plans to axe newbuildings despite warning of a "highly uncertain" year ahead.
  • Fuel dump
    Japan's NYK and MOL slash monthly bunker fuel contracts as activity wanes in downturn.
  • TK LNG in black
    After higher Teekay Corp spin-off posts nearly $46m in quarterly profits after a loss a year earlier.
  • SIF bails
    Domestic investment fund sells 7% holding in STX's Romanian shipyard Braila.
  • WW-arning signs
    Wilh Wilhelmsen warns of "highly uncertain" future after posting fourth quarter loss.
  • TOO on top
    Teekay's shuttle tanker and FSO offshoot pushes up nine-month profits and revenues.
  • Death blast rap
    Report into explosion on Greek ship Friendshipgas which killed eight points finger at technicians' "negligence".
  • EMS back in black
    But the Annette Malm Justad-led firm vows to shake up its shipmanagement unit after its performance fell short of expectations.
  • Japan busy
    Port state control officers detained 28 ships in January, up from 15 in December.
  • Ferry angry
    Queen of the North passengers call BC Ferries' compensation offer for sinking a slap in the face.
  • Ten for Qingdao
    Hyundai Corp's Chinese shipyard to build series of dry cargoships for Volga-Baltic of Russia.
  • Cruise crunch
    Fred Olsen holding company Bonheur posts lower 2008 profit as UK cruise business suffers from tough competition.
  • Namura cuts
    Japanese shipbuilder slashes annual profit forecast as growth slows in first nine months.
  • Eagle's nest egg
    US-listed Eagle Bulk Shipping lands $13.7m in foreign exchange settlements on newbuildings.
  • ABG bridge bash
    Two newbuildings drag anchors at Indian shipyard and drift downriver before hitting bridge at Surat.
  • Toro trouble
    DryShips vows to sue struggling Samsun Logix after it breaches terms of the Toro deal leaving the sale hanging by a thread again.
  • Aden fleet grows
    Singapore is sending a naval vessel to join the growing international armada off Somalia.
  • Limited exposure
    Peter Georgiopoulos-led bulker outfit confirms it has only one ship on charter to Samsun Logix.
  • Banana drama
    Banks could be losing appeal for some perishables, says Star Reefers which sees profit drop.
  • Hallin inks charter
    UK-listed offshore company ties up $20m deal with Shell for subsea operations vessel newbuilding.
  • Expansion delayed
    Bad weather causes delay in work to expand capacity at Australia's largest coal export facility.

The Scandinavian Shipping Gazetteweb site
FEBRUARY 12, 2009
  • China adopt stimulus plan
    China's State Council, or Cabinet, headed by the prime minister Wen Jiabao has adopted a stimulus plan for the nation's shipbuildning industry, which the Cabinet consider to be strategic for
  • US Navy arrested suspected pirates
    The US Navy has arrested seven suspected pirates after an attack on the tanker Polaris, 13,107 DWT, in the Gulf of Aden. The US Navy cruiser Vella Gulf received a
  • Tough times for Golden Ocean
    John Fredriksen-controlled Golden Ocean is facing severe problems. The Oslo exchange-listed company's sale of a panamax vessel has been re-negotiated to a much lower sale price as
  • Norway ratifies ILO-convention
    Norway has ratified the Maritime Labour Convention, adopted by the ILO (International Labour Organization) in 2006. The convention strengthens working and living conditions of seafarers on board. Norway is the
  • Two out of eleven detained vessels Norwegian
    The Eitzen controlled chemical tanker Sichem Eva, 14.485 DWT built in 1989, was detained after a Port State Control in Almeda, California, on January 11. Pipes for discharging the
  • Record year for Wilh. Wilhelmsen
    The Norwegian shipping and maritime services group Wilh. Wilhelmsen (WW) reports record figures for 2008. The company had an operating income of USD 3.4 billion, up 25 per cent
  • Teekay lays off 198 seamen
    198 Norwegian seamen at Teekay have been given notice as a result of their employer deciding to reflag and switch Norwegian workers to Filipino. "Social
  • US via Riga to Afghanistan
    The US military will ship its non-military goods destined for Afghanistan to Riga where it will be transferred to railway. The Latvian President Valdis Zatlers has discussed the matter

The Bunker Bulletinweb site
FEBRUARY 12, 2009
  • K-Sea expects demand recovery
    Barge operator predicting lower fuel prices to boost business.
  • European bunker markets dip
    Antwerp avails tightening.
  • New bunker barge in Lisbon
    Petrogal deploys 2,000 mt capacity delivery vessel.
  • ECA vote expected by 2010
    US, Mexico and Canada in talks to submit joint application.
  • Volatility seen as a boost for WFS
    Price volatility and tight credit environment said to increase demand for intermediaries.
  • Russian export duties to rise
    March 1 will see the first increase in duties since October.
  • Container lines cutting bunker loadings
    NYK and MOL to lift 10% less from Japanese ports.
  • Vitol sells stake in Fujairah storage terminal
    CEO says Vitol will focus on Fujairah Refinery Company, its 'key strategic asset'.
  • Bunkers flat in key Asian ports
    Avails improve in Hong Kong.
  • Singapore residual fuel stocks up 2 million barrels
    Inventory increase reflects weakening bunker demand.
  • Indian refiner sells mid-March cargo
    Narrowing discounts in recent deals reflect strong demand for fuel oil.
  • OOIL to trim capacity
    Move triggered by falling volumes and a drive to save on bunker costs.
  • Iranian supplier opens new supply location
    10,000 dwt tanker deployed to deliver bunkers off Bandar Abbas port.

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