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BRIEFS
February 20, 2009
The Business Timesweb site
Shipping News
  • APL to raise box rates by up to US$250 per TEU
    NEPTUNE Orient Lines container unit APL has lifted freight rates in the Asia-Europe trade, reversing the slide of recent months and following the lead of Mitsui OSK Lines (MOL) which announced rate rises last week.
  • Manila plans framework of modular ports
    THE Philippines plans to pump prime its economy by spending 11.78 billion pesos (S$375.8 million) this year on the construction of 74 modular ports around the country.
  • DryShips 'doing fine' after loan switch: lender
    DryShips Inc, the commodity shipping line led by investor George Economou, is 'moving in the right direction' after renegotiating loan terms with Nordea Bank Finland plc, the lender said.
  • Cruise ship carrying 105 aground in Antarctica
  • Gas shipping rates to stay low on US demand slump: BW Gas

Sched Netweb site
  • Evergreen to hike rates US$300 per TEU on Asia-Europe route
  • MSC to hike rates US$50 per TEU on Europe-Asia route
  • Ningbo-Zhoushan's box volume put port No 8 worldwide
  • Tianjin's 2008 foreign trade value up 12.6pc in 2008
  • SeaCo beats bankruptcy, enters foray as operators fight for life
  • CSX delays intermodal rail terminal in Jacksonville area
  • Clean Truck Fees collected at Ports of LA and Long Beach
  • Vladivostok sees January cargo volume drop 35pc
  • GAC revamps Russia operations to tap offshore sector
  • e-GLN geared to raise sales of SME logistics providers
  • AMI Express says heavyweight cargo up and 2009 looks good
  • Australia hits AF-KLM, Martinair, Cargolux with US$10 million fine
  • Alitalia Cargo sold for less than US$19 million
  • Russia air cargo sheds 36pc, passengers down 19pc in January

Exim Indiaweb site
  • ICC's enlightening seminar to deal with river-sea vessels notification on Feb. 25
  • Greatship Global takes delivery of AHTSV in Colombo
  • Private shipyards trying to stay afloat with lucrative Defence orders
  • Move to revive shipbuilding subsidy scheme
  • Jewellery exports glisten only in rupee terms
  • Maize exports thru' NM Port gain momentum
  • Germany offers technology to upgrade rly infrastructure & automobiles
  • Emirates SkyCargo to increase cargo capacity by 17 pc
  • DHL launches Fashion & Apparel Centre for Excellence at Tirupur
  • ACHAA APT plays the gentleman's game to lift the CONCOR cup in exciting finale
  • RBI hints at another round of interest rate cuts
  • Dearer dollar gives exporters only temporary relief
  • $ climbs above Rs 50
  • Export target beyond reach-Minister

International Transport Journalweb site
FEBRUARY 19, 2009
  • New project tackles congestion on the Sydney railfreight network
    Construction work has started on the 36 km Southern Sydney Freight Line, a project that will help clear the single largest bottleneck on Australia's interstate rail network. The AU...
  • TruckScout24 successful in 2008
    TruckScout24, a service offered by AutoScout24, reported a successful 2008, despite the crises in the financial and automobile markets. Europe's large special market for commercial...
  • Egyptair offers new freighter service to Khartoum
    Egyptair Cargo, the freight division of the national carrier Egyptair, will start a scheduled weekly (every Saturday) A300F (40 t payload) freighter service between Cairo (Egy...
  • Heavyweight Air Express offers airport to door service
    The British carrier Heavyweight Air Express now offers an airport-to-door service in addition to the traditional airport to airport service. The HX-Door service includes the cost o...
  • Another round of fuel surcharge decreases
    Air Austral and Air Caraibes are decreasing their fuel surcharge to EUR 0.40 per kilo, based on the actual weight on 23 February. Both airlines apply a minimum of EUR 6.00 per ship...

Maritime Global Netweb site
FEBRUARY 19, 2009
  • SF inquiry blames pilot and master
  • Downturn hits Marseilles Fos cargo volumes
  • Camillo Eitzen issues profit warning
  • Irish request Euro oil response
  • Plunging VLGC rates hit BW Gas
  • Nordic American makes it 13
  • Finnlines' dramatic end-of-year cargo decline

Marine Logweb site
FEBRUARY 19, 2009
  • Ship manager, engineers indicted
  • MacBarge boosts MacGregor offshore test capabilities
  • Aker Philly delivers sixth product tanker
  • NTSB releases Cosco Busan findings

World Wide Shipperweb site
FEBRUARY 19, 2009
  • Longview Port Commissioners Ok RSG Forest Products land deal
  • BC union sets date for ratification vote
  • Big Lots taps Hub Group for logistics management
  • Columbia/Snake navigation locks set for maintenance closures
  • TOP ships takes delivery of new product/chemical tanker

Lloyd's Listweb site
FEBRUARY 19, 2009
  • Ship scrapping set to surge over next two years
    MORE than 1,000 ships will be scrapped this year, says world's largest cash buyer GMS.
  • New valuation formula to halt ship fire sales
    HAMBURG shipbrokers take action to prevent a downward spiral of containership prices.

Fairplayweb site
FEBRUARY 19, 2009
  • Fee causes LA-LB traffic jam
    TRAFFIC jams up to 3km built up around Long Beach and Los Angeles ports yesterday, as cargo vehicles were turned back on the first day of a port container fee
  • Cry of 'murder' in ship deaths
    A DIPLOMATIC row grew today between Russia and China over the deaths of eight crew from a dry cargo ship ' including an accusation of "murder"
  • Caracas to ship Beijing more oil
    VENEZUELA is to increase oil exports to China, as President Hugo Chavez of Venezuela and Chinese Vice President Xi Jinping signed a dozen co-operative accords
  • Plea renewed for Antarctica rules
    THE OCEAN Nova grounding is another argument for stronger regulation of Antarctic cruising, the Antarctic & Southern Coalition said today
  • UK gas storage plans spoiled?
    GLOBAL financial problems will probably scuttle UK plans to close the gap with Europe on gas storage capacity, Andrew Knight said today

The Journal of Commerceweb site
FEBRUARY 19, 2009
  • APL to raise Asia-Europe rates
    The carrier aims to restore prices in both directions to sustainable levels after a year of "drastic" declines
  • LA, Long Beach push incentive programs
  • Truck-fee woes ease at LA-Long Beach
  • From the Tampa Steel Conference: What the stimulus means
  • Carriers use idle ships to store empty boxes
  • TNT acquires Chilean express trucker
  • Air cargo slides at San Francisco
  • Finnlines posts fourth-quarter loss
  • BNSF ordered to pay $345 million to coal utilities
  • Piraeus faces dock strikes over Cosco Pacific deal

Containerisation Internationalweb site
FEBRUARY 19, 2009
  • Clean trucks program fee sparks traffic jams
  • US Lines expands offering
  • APL goes for Asia Europe rate hike
  • North Americas PNW ports also struggling
  • TICT secures transhipment license

TradeWindsweb site
FEBRUARY 19, 2009
  • Battle on hold
    Courtroom challenge to Armada's protection from creditors put off for two weeks.
  • 'David v Goliath'
    Small Ghanaian outfit vows to hit debtors of Tsakos in little-and-large battle over unpaid bills.
  • Price rise 'blip'
    Diana Shipping chief Simeon Palios says bulker values have climbed more than they should have as he holds fire on cape and panamax buys.
  • Tanker treat
    Harry Vafias' Stealthgas improves annual profit as daily TCE earnings rise, mainly due to two new MR products carriers.
  • Di on the money
    Simeon Palios-led Diana Shipping hits market expectations for the fourth quarter as bottom line rises 48%.
  • Hunt goes on
    Consortium hoping to resurrect Cork-Swansea ferry raises EUR 2m, two thirds of its target.
  • Tsakos arrest over
    Greek ship attacked by pirates then arrested in Ghana over alleged payment defaults sails again.
  • Korean seizure
    Russian embassy tries to resolve detention of Amur Shipping cargoship by North Korean authorities.
  • Bigger is better
    Hornbeck sees fourth quarter bottom line lifted by arrival of newbuildings and higher offshore rates.
  • Malta bids
    State-owned Maltese yard group attracts 14 offers for its four shipbuilding and repair divisions.
  • Navios net dives
    Huge drop in annual profit at Angeliki Frangou-led Greek bulker owner but new credit terms agreed.
  • Swan stretches
    German owner Peter Dohle's container operation adds Danish and Swedish calls to St Petersburg run.
  • Double breach
    Dry-cargo losses and sluggish gasship earnings lead Camillo Eitzen to fire profit warning as it admits to breaking terms of loan.
  • Blame game
    Captain, pilot, shipmanager and US Coast Guard all fingered in Cosco Busan report which says incompetence made the crash almost inevitable.
  • Casualty clash
    China and Russia at loggerheads over sinking of ship 'fleeing port' which left eight dead.
  • Volga flop
    Russian owner Volgaflot carried 1.4% less cargo in 2008 as exports fell 24%.
  • Bank run?
    Croatian crew union threatens to withdraw EUR 400m from country's banks if tax system for seafarers remains unchanged.
  • Sandman strikes
    Officer of watch got three-hour shut-eye before German ship grounded on "gently sloping beach" off UK.
  • Subsidy return?
    Indian government close to reviving hand-outs for yards after scheme lapsed in 2007.
  • Forex hit
    Canadian tanker and bulker owner Algoma's annual profit dragged down by currency losses.
  • Jobs threat
    Union claims German yard group ThyssenKrupp considering up to 1,500 redundancies as orders fall.
  • Cruise crush
    Crewman critical after being trapped in hydraulic door on Australian cruiseship during drill in New Zealand.
  • Thy delay
    Svein Olaf Olsen's Danish ferry start-up fails to raise enough money to start Norway run on 1 June, but promises 2010 return.
  • Aegean inks credit
    Nikolas Tavlarios-led bunker company poised to tie-up $300m secured revolving credit facility.
  • Defaulters named
    US investment bank Dahlman Rose has identified the Excel Maritime bulkers in charter default.
  • Axel sells oldie
    Camillo Eitzen-unit sells elderly gasship for an undisclosed fee.
  • Going private?
    Halim Mazmin's majority shareholders want to de-list the company in face of market downturn.
  • Ocean Nova afloat
    Vessel owners say cruise ship that ran aground off Antarctica now free after refloating on high tide.
  • Tsakos piracy plea
    Greek owner calls for Gulf of Aden style taskforce for West Africa after its tanker is attacked.
  • SCI hatches link
    Indian owner teams with UAE's Hull & Hatch Lines for a Red Sea containership run.

American Shipperweb site
FEBRUARY 19, 2009
  • Report: MOL to cut 10% of transpacific capacity
  • APL joins Asia/Europe rate hike queue
  • Morgan Stanley bearish on container shipping
  • Expeditors promises refunds from settlement
  • STB slaps BNSF with record rate ruling
  • CN raises debt to pay acquisition loans
  • DHL Express launches noon delivery service
  • Hapag-Lloyd ending forwarder compensation
  • FMC reviews 3 OTI license applications
  • Unregistered trucks hamper SoCal fee's first day
  • NTSB reports on COSCO Busan accident

The Scandinavian Shipping Gazetteweb site
FEBRUARY 19, 2009
  • Finnlines' recorded loss
    The financial crisis has strongly affected the result of Finnlines Group in 2008. Due to the sharp decline in Finland's foreign trade, Finnlines' cargo volumes dropped dramatically last autumn. However
  • Containerships add sailings to Denmark
    Containerships has added a weekly liner service between Riga, Klaipeda and Aarhus. The Containerships VIII is operating this new service and will also call at Teesport and Rotterdam. Containerships aims
  • Early delivery for Celebrity Equinox
    The outfitting of the Celebrity Equinox proceeds faster than planned at Meyer Werft. The owner Celebrity Cruises has therefore decided to introduce an additional cruise on July 31 to the
  • Clipper buys more shares in DFDS Group
    The Clipper Group has invested more money in the DFDS Group. In an announcement to the Copenhagen Stock Exchange, the Clipper Group informs that it now owns more than 15
  • Only four orders placed at Norwegian yards
    Only four orders have been placed at Norwegian yards in 2009, and the order intake is still low, according to the yard association Norske Skipsverft. However, the total value of

The Bunker Bulletinweb site
FEBRUARY 19, 2009
  • Company prepared for fuel price increases
    Surcharge authorised should fuel prices rise above the eight-year trend.
  • Poor communication, unfit pilot led to oil spill
    Board makes safety recommendations following Cosco Busan investigation.
  • Europe Market Report, 19 February 2009
    Prices in Europe continue to slide.
  • Surprise decline in US crude oil stocks
    DOE report also showing slight increase in gasoline demand.
  • Lower bunker prices 'softened the blow'
    BW Gas reports weak Q4 and losses on bunker hedges.
  • New bunkering company open in Bulgaria
    Independent player offering marine fuels to vessels at Bulgarian Danube river and Black Sea ports.
  • New IBIA executive structure in place
    Ian Adams appointed Chief Executive as new Board of Directors replaces 25-member Council of Management.
  • Asia Market Report, 19 February 2009
    Opposing bunker price movements in Asia on Thursday.
  • Singapore residual stocks at 11-week high
    Distillate stocks rose even more, gaining 20.9%.
  • Hong Kong supplies tight, demand dips
    Demand in February to date down by about 10%, traders said.
  • Brightoil targets Europe, US markets
    Chinese firm outlines ambitious expansion plans and welcomes partners for its overseas venture.
  • Singapore's March bunker premiums up
    Supply fears prompt premiums to inch up slightly.
  • Aegean secures $300 million credit line
    Two-year facility underwritten by HSH Nordbank AG and The Royal Bank of Scotland.

›››File
FROM THE HOME PAGE
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%)
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.
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
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
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
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
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.
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
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
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.
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
SAILING LIST
Visual Sailing List
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Arrival ports by:
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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%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
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
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%
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%)
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
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
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
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.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
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