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Independent journal on economy and transport policy
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BRIEFS
October 29, 2009
The Business Timesweb site
Shipping News
  • Malacca, S'pore straits can handle rise in vessel traffic
    The critical straits of Malacca and Singapore have sufficient capacity to handle the projected increase in vessel traffic for the next 15-20 years, a study commissioned by the Maritime and Port Authority of Singapore (MPA) has found.
  • SembMarine completes 2 rigs
    Sembcorp Marine unit Jurong Shipyard yesterday announced the completion of the two biggest ultra deepwater DP3 semisubmersible drilling rigs it has built to date for major US independent drillng contractor Noble Drilling.
  • Cosco Pacific Q3 profit drops 49%
    Cosco Pacific Ltd, Asia's third-largest container-terminal operator, posted a 49 per cent drop in third-quarter profit as the global recession dampened world trade.

Sched Netweb site
  • Cosco Pacific's quarterly profit off 49pc, but says worst over
  • Top three Japanese ocean carriers suffer big losses
  • Maersk to adopt slow steaming on Far East-Europe trades
  • Zhuhai's Gaolan CT presents options on western Pearl shore
  • DP World Jeddah takes 15 super-super postpanamax cranes
  • BBC Box does full circle, now in UK, but soon off to Africa
  • OOCL Logistics launches MyPodium Mobile IT system
  • EU conference ban happened at the worst time: ELAA
  • Singapore's MPA revises anti-piracy instructions
  • Rotterdam Rules win final 20th signature from Niger
  • NYK chooses GAC to build 'strong' market in Nigeria
  • Agility to handle pre-positioning and logistics of US humanitarian aid
  • Port of Newark Container Terminal reimburses truckers for delays
  • Korea's Hyundai Mipo yard detained 6,600-TEU CMA CGM vessel
  • Pacific air cargo losses narrow as AAPA posts 6.5pc drop
  • ABC to fly from Amsterdam-Tokyo via Moscow
  • Norway's Fellestransport joins Greencarrier group from November 1

Exim Indiaweb site
  • Alang shipyard to be developed along PPP model: Draft report ready
  • Customs duty on some rice varieties scrapped
  • Chilli not so hot!
  • France offers food processing expertise
  • India, US to evolve framework for closer trade ties
  • Soap-makers in hot water with dumping duty on inputs proposed at 20 pc
  • Gems & jewellery exports glistening once more
  • Shreekant Singh is MbPT's new Deputy Chairman
  • Shanghai displaces Singapore to become world's Top Box Port in September
  • CoPT mulls leasing out land for port-related projects to augment earnings
  • Rs 130-cr. Japanese loan for freight corridor project
  • CWC bucks slowdown to perform excellently & present dividend cheque of Rs 11.22 cr. to Farm Minister
  • New category of NBFCs makes lending to infrastructure sector easier
  • RBI ending era of easy monetary policy-IMC
  • Credit becoming too costly, says Fieo chief
  • Core sector shining again!
  • FM keeps fingers crossed on GST rollout date
  • Asian economic community gets closer to reality
  • Passion makes all the difference
  • Preeti & Ashwin stay at helm of AIEC

International Transport Journalweb site
OCTOBER 27, 2009
  • Grimaldi Group forecasts pleasing results for 2009
    Emanuel Grimaldi, co-managing director of the Naples (Italy)-based Grimaldi Group, recently announced that his group's ebitda will reach EUR 400 million in 2009. The net result is ...
  • Aramex: Q3 net profit rises 23% to AED 41.7 million
    Aramex, the Middle East-based global logistics solutions provider, reported a Q3/2009 net profit of AED 41.7 million, an increase of 23%, compared to AED 33.9 million in the corres...
  • Ryder System reports massive profit drop
    The USA-based transport and logistics provider Ryder System Inc reported that its Q3/2009 net income fell by 66% to USD 24.0 million, against USD 70.2 million achieved in the ...
  • DHL Solutions & Innovation presents first plans
    Deutsche Post DHL presented DHL Solutions & Innovation (DSI), its newly launched business unit at the recent 26th German Logistics Congress in Berlin. As a motor of innovation...
  • PD Ports and Teesside University welcome first foundation degree students
    The UK port operator PD Ports and Teesside University (UK) welcomed the first 15 delegates who will study for the newly launched Foundation Degree. The training scheme wa...
  • Horizon Lines: Q3 volumes down 5.7%
    The USA-based shipping company Horizon Lines announced its fiscal Q3 results. "During the third quarter, we continued to successfully battle the economic turbulence that gripped ou...
  • Qatar Airways operates first scheduled service with synthetic fuel
    The Arabian carrier Qatar Airways recently completed the first commercial passenger flight with an aircraft powered by GtL fuel (gas to liquid). The scheduled Airbus A340-600 fligh...
  • Brazilian forwarding companies order 100 MAN trucks
    The first 100 MAN TGS and TGX trucks that will be assembled by MAN Latin America already have owners in Brazil. Julio Simoes, Arcom and Binotto, three of the biggest Brazilian tran...
  • Panalpina and Atlas Air extend cooperation
    The global forwarding and logistics group Panalpina, based in Basel (Switzerland), and its long-time airline partner Atlas Air have renewed their cooperation agreement. Within...
  • Port of Dunkirk phases in new rail track
    Grand Port maritime de Dunkerque (GPMD), the major seaport in Dunkirk (France), has put its new Saint-Georges rail track into service. The line runs straight from the bulk qua...

Maritime Global Netweb site
OCTOBER 28, 2009
  • Singapore Strait still has room
  • Japanese destroyer hits South Korean box ship
  • DP World has poor Q3
  • Mixed bag for Exmar

Marine Logweb site
OCTOBER 28, 2009
  • Horizon delivers two vessels in three days
  • Royal Caribbean takes delivery of Oasis of the Seas

World Wide Shipperweb site
OCTOBER 28, 2009
  • Port of Seattle cruise season breaks records during 2009
  • Public meetings set for Port of Tacoma budget
  • Corps plans blasting project to deepen Columbia channel
  • Everett Port Commission Oks scaled back budget
  • Ceremony marks christening of new Crowley ATB vessels

Lloyd's Listweb site
OCTOBER 28, 2009
  • Poll shows more crew favour carrying guns
    ALMOST half of British and Dutch seafarers believe they should be allowed to carry guns in face of pirate threat, a survey by Nautilus reveals.
  • IMO delegates raise concerns over arming of vessels
  • Box sector worsens as cash flow dries up
    LOSSES could be as much as $100,000 a day.
  • Total defends role in Erika accident
    GROUP's personnel not guilty of any failures, says chairman Thierry Desmarest.
  • CMA CGM denies getting offer for Delmas
    GROUP says it has not received offer from Bollore for its subsidiary.

Fairplayweb site
OCTOBER 28, 2009
  • Florida LNG port approved
    AN LNG port off Florida has been approved by MarAd Chief David T Matsuda
  • Arctic Sea nuke scan starts
    INSPECTORS are testing Arctic Sea, the focus of an international ship hunt, for radioactive and chemical residues, Fairplay was told today
  • Berlin accused of maritime gap
    BERLIN'S new conservative-liberal government was already accused today of ignoring maritime concerns
  • Junk bond trend builds
    GENERAL Maritime plans to raise $230M from the sale of notes, marking the third maritime junk bond scheme in the past week
  • GenMar seeks time cover
    SEVERELY depressed spot rates dragged down General Maritime's quarterly results, as the NYSE-listed tanker company moved to expand its timecharter coverage
  • W Africa LNG boom seen
    EQUATORIAL Guinea plans to double its LNG exports within five years, according to an energy ministry spokesman
  • IEA sees near-term 'gas glut'
    A GAS GLUT will dominate the LNG sector's near-term shipping future, Didier Houssin, the IEA's energy markets and security chief, has told an energy conference

The Journal of Commerceweb site
OCTOBER 28, 2009
  • Maersk Extends Asia-Europe Loop to Poland
  • LAX Reports First Freight Gain Since 2007
  • Steel Imports Increased in September
  • BAA Loss Widens
  • Breakbulk Sails Directly from Ireland
  • Mumbai Extends Storage Time
  • Hapag-Lloyd Finances Improve
  • Yusen Profit Drops Sharply
  • China Shipping's 3Q Loss Worsens
  • Cosco Pacific's 3Q Profit Falls 49 percent
  • Hanjin Shareholders Approve Restructuring
  • Marseilles-Fos Box Traffic Climbs 25 percent
  • Container Ship Collides With Japanese Destroyer

Containerisation Internationalweb site
OCTOBER 28, 2009
  • Desperate Ariana crew out of fuel and out of time
  • ASC appoints 'task force' to assess Rules impact
  • MSC beefs-up UKEC feeder
  • Nestle Chile choose K+N
  • Braemar 'in good shape'

TradeWindsweb site
OCTOBER 28, 2009
  • Photo flood
    Entries are already pouring in for TradeWinds' Maritime Photographer of the Year contest.
  • They're cancelled
    George Economou's DryShips confirms it has struck a deal to cancel deal for two kamsarmax newbuildings.
  • New for Nikitin
    High Court hears Sovcomflot had special clauses almost exclusively for charters with Yuri Nikitin's companies.
  • Campeche bashed
    ITF releasing report claiming a deadly safety failures and corrupt practices in Mexico's offshore sector.
  • K-Sea loan woes
    Shares in tug-and-barge player plunge by 35.1% after warning of potential loan covenant breaches.
  • Tanker grounds
    German-controlled tanker quickly re-floated after running aground off Puerto Rico. No signs of pollution.
  • Back off, comrade
    Sergei Terekhin told Sovcomflot's deputy manager of fleet operations, 'as a friend' not to ask questions about charters to a Yuri Nikitin-backed company.
  • Bank loan dearth
    General Maritime's Peter Georgiopoulos expects limited bank financing to continue next year. Also, company shares plunge following earnings report.
  • Precious curbed
    Thai bulker owner still firmly in the black in third quarter, but gains shrink.
  • House says yes
    US Congress's lower chamber approves $153m in funds for ice breaker sought by Great Lakes bulker operators.
  • Pushed back again
    Sergio Machado-led Transpetro pushes back deadline second time for bidding to provide eight LPG carrier newbuildings.
  • Dock discussions
    India's Cochin Shipyard in talks over second drydock at Kerala using IPO cash.
  • Casualty file
    Piracy and Cobelfret bulker collision top roundup of marine casualty incidents.
  • Second for SC
    Brazil's Santa Catarina state draws second shipyard plan as dizzying race to up country's building capacity continues.
  • 'Brits will burn'
    Somali pirates threaten lives of two Britons on seized yacht if navies stage rescue bid.
  • Concordia in red
    Genmar share sale sees Hans Norin-led Swede forecast $14m annual loss as third-quarter sinks to loss.
  • Krumnow resigns
    "Personal reasons" behind immediate departure of TUI supervisory board chairman Jurgen Krumnow.
  • Lifelines backed
    Crew union Nautilus welcomes European Commission's approval of state aid for Scottish ferry services.
  • Ten for Turks
    Turkey's Palmali orders series of 10 Armada-type tankers at domestic Besiktas Gemi Insaa Anonim Sirketi yard.
  • Uljanik down
    Croatian tanker and bulker owner posts another profit drop despite stronger revenues.
  • Genmar bonding
    US-listed tanker owner to sell $230m of notes as part of deal to ease bank covenants.
  • Odfjell turns red
    Extremely weak conditions in the handysize sector push Oslo chemical tanker operator to a loss.
  • PNSC weaker
    Pakistan's national owner posts weaker first quarter profit to 30 September.
  • Iraq run
    Maersk launching containership feeder service to Umm Qasr from Jebel Ali in UAE.
  • Nexus 1 sold
    Sale by Nexus of laid-up FPSO newbuilding to Brazil's EBX comes in well below ordered cost.
  • WIS worse
    Western India Shipyard widens losses in first six months as revenue plunges.
  • Pirates nabbed
    Troops open fire on pirates after attack on French fishing vessel off Somalia, seven arrests made.
  • Viking Valhalla?
    FPSO Knock Nevis, once world's largest ship as Jahre Viking, could have a date with the breaker's torch.
  • Rugby Rhapsody
    Royal Caribbean's Rhapsody of the Seas one of five cruiseships that will house fans for 2011 World Cup in New Zealand.
  • Awkward anchor
    BC Ferries ship gets stuck off Canada after unexpectedly dropping anchor.
  • George jailed
    Nigeria's former ports chief Olabode George sentenced to two and a half years for corruption.
  • Worse by half
    Chinese terminal operator Cosco Pacific saw third quarter profit drop 49% as the global downturn continued to bite.
  • Genmar down
    US-listed tanker owner sees third quarter profits decline 37% despite addition of Arlington fleet.
  • Fili flooded
    Russian general cargoship loses power in Caspian Sea storm off Azerbaijan.
  • Zeeland down
    Dutch ports group sees nine-month volumes fall 17% due partly to refinery maintenance.
  • Enough room
    MPA study says shipping capacity on the Singapore Strait could be increased by at least 75%.
  • Mercator mixed
    Singapore-listed Indian owner reports sizeable declines in both interim profits and revenues.

American Shipperweb site
OCTOBER 28, 2009
  • ELAA: Bad timing in EU conference abolition
  • Hanjin shareholders approve company split
  • OOCL to hike transatlantic rates in January
  • Norfolk Southern profit off 42%
  • EU, U.S. continue talks to reduce trade barriers
  • Senate committee clears DOT, DHS nominees
  • Jackson joins ATC Logistics & Electronics
  • FMC reviews 9 OTI license applications
  • COSCO Pacific 3rd quarter profit drops 32%
  • India weighs one-terminal limit on private operators
  • MarAd approves Florida LNG port

The Scandinavian Shipping Gazetteweb site
OCTOBER 28, 2009
  • Oasis of the Seas handed over
    On 28 October 2009, STX Europe's Turku shipyard delivered the 225,000 GT Oasis of the Seas to Royal Caribbean International. She is the world's largest cruise vessel and she will
  • NYK slashes growth ambitions
    After having announced a USD 320 million loss for the latest six months, Japan's second largest shipowner NYK also reveals a major cut in its fleet growth ambition. According to
  • Tough times for Tallink despite pay cuts
    Tallink reports a EUR 8.2 million loss on EUR 792 millions in revenues for the fiscal year 2008/2009. Thanks to increasing passenger volumes, revenues increased however during Q4

The Bunker Bulletinweb site
OCTOBER 28, 2009
  • Prices steady in Rotterdam market
    NYMEX showing losses of more than $2.
  • Taiwan signs bunker fuel deal with Shell
    Transacted price 'extremely low', say traders.
  • US oil inventory report 'fairly bearish'
    Oil prices fall after unexpected increase in US stock of gasoline.
  • Key bunker prices largely unchanged
  • Ship operators win ECA exemption
    Environmental group disappointed at 'special interest fix for favoured industry'.
  • Tallink looks to lock in more fuel cost
    Q4 result helped by lower fuel cost at the end of loss-making year.
  • Cap-and-trade could cost shipping '$6 billion a year'
    Copenhagen: Shipping could be forced to accept deal 'that is not good for the industry'.
  • Chemical carrier posts losses
    Higher bunker prices, weakening dollar and an oversupply of tankers leaves outlook uncertain.
  • Markets mostly softer mid-week
    Key Asian ports show weak or steady bunker prices.
  • Singapore pre-trial conference on corruption deferred
  • CSCL Q3 losses deepen, outlook negative
    Higher bunker fuel cost is 'key factor' for worse-than-expected Q3 results.
  • Work to retrieve oil resumes
    Operation expected to be completed within 2-3 weeks.
  • BP Q3 profit halved
    Profit halves due to slump in crude oil prices despite higher output.
  • Destroyer, container ship catch fire after collision
    Japanese shipping strait disrupted for four hours; investigation underway.

›››File
FROM THE HOME PAGE
Agreement reached on new EU customs regime, including new taxes for e-commerce
Brussels
Mandatory use of the European Customs Data Hub from 1 March 2034
Carnival Cruise Line Reports Record Revenues for the December-February Quarter
Miami
During the period, ships hosted approximately 3.1 million passengers (-3.1%)
Nearly half a billion dollars in public resources for US ports
Washington
The funds will be used to modernize port infrastructure and activities
UNIPORT urges accelerated completion of works in the port of Naples
Rome
The level of connection of Italian ports to the global containerized maritime services network remains stable
The level of connection of Italian ports to the global containerized maritime services network remains stable
Geneva
The PLSCI index of the top seven Italian ports most connected to the network is growing
In the first two months of 2026, cargo traffic in Chinese seaports grew by +6.7%
Foreign traffic increased by 9.2%. Container traffic increased by 9.8%.
Hapag-Lloyd's revenues decreased by 15.2% in the fourth quarter of 2025.
Hamburg
Container traffic handled by the German company's fleet increased by +5.5%
The future European Union Customs Authority will be based in Lille, France.
Brussels
It is expected to employ around 250 people.
The Romanian government is reportedly preparing to nationalize the Mangalia shipyard.
Bucharest
Fincantieri reports record annual financial and commercial results.
Trieste
In 2025, revenues grew by +13.1% and the value of new orders increased by +32.4%
Damen and other creditors have rejected the reorganization plan of the Romanian shipyard in Mangalia.
Mangalia
Federagenti: Strategic port construction is behind schedule everywhere.
Genoa
Pessina asks to know the "real time" of the progress of the infrastructure
Metrans (HHLA Group) to acquire 50% of the Romanian intermodal terminal in Arad
Hamburg
The company will operate up to three trains per week between Budapest and Arad
From May 1st, the EU-Mercosur agreement will be applied provisionally.
Brussels
Sefcovic: an important step in demonstrating our credibility as a major trading partner
German shipowners propose service on merchant ships as an alternative to military service
Hamburg
Kröger: A resilient nation needs not only soldiers, but also seafarers who ensure supplies.
ICTSI and DP World sell their stakes in China's Yantai International Container Terminal
Manila
The company will become wholly owned by Yantai Port Holdings
Chinese group CSSC will build two more cruise ships for Adora Cruises
Shanghai
Option for a third vessel. The "Adora Flora City" launches today.
In the fourth quarter of 2025, freight traffic in the port of Palermo decreased by -9.6%
Palermo
Cruise passengers down by -18.7%
IMO Council resolves to establish a safe corridor in the Strait of Hormuz, but by "peaceful means and on a voluntary basis"
London
Dominguez: Concrete action is needed from all countries and stakeholders
COSCO Shipping Holdings' revenues fell by 12.2% in the last quarter of 2025.
Hong Kong
Containerized volumes transported by the fleet grew by +5.1%
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
This year, the ongoing conflict in the Middle East could accentuate the expected slowdown in world trade.
Geneva
Economists at the World Trade Organization foresee two scenarios
In 2025, CK Hutchison terminals handled a record 90.1 million containers (+3%)
Hong Kong
The president of the Chinese group confirms the difficulty of negotiations to sell a large part of the port portfolio to MSC and BlackRock
Assiterminal expresses concern over the impact of the Middle East crisis on port terminal activity.
Genoa
Ferrari: the cruise sector also involved
Two more ships were hit by shells in the Strait of Hormuz region
London/Southampton
Incidents near the coasts of the United Arab Emirates and Qatar
MSC and Ga-Hyun Chung announce joint control of Sinokor
Athens/Nicosia
Proposal to establish a safe maritime corridor to evacuate ships stranded in the Persian Gulf
London
It has been put forward by Bahrain, the United Arab Emirates, Japan, Mexico, Panama and Singapore
Dominguez calls on the IMO Council to conduct informal deliberations and define practical measures to resolve the Hormuz crisis.
London
From the statements presented, it is unlikely that anything more than declarations of principle will be made.
To respond to geopolitical shocks, shipping must have reliable operational data
London/Rotterdam
Lloyd's Register, OneOcean and PortXchange discuss digitalization and artificial intelligence in the sector
China's COSCO Shipping Ports' profit and loss account weighs on rising operating costs.
Hong Kong
Revenue reached a record high of nearly $1.7 billion last year.
Tanker hit near Strait of Hormuz
Portsmouth
A bullet caused minor damage. The crew was unharmed.
Sharp increase in transshipment containers in the port of Barcelona
Barcelona
In February, overall freight traffic increased by +8.1%
PPC denounces that the Republic of Panama is delaying the arbitration at the ICC
Panama
The Chinese company continues to reiterate the illegality of the seizure of the Balboa and Cristóbal port terminals
Alessandro Becce is the new Secretary General of the Sardinian Sea Port Authority.
Cagliari
Bagalà: EU ETS application for major and minor islands must be cancelled
Operation Aspides' mandate will not be extended to the Strait of Hormuz at this time.
Brussels
This was announced by the High Representative of the European Union for Foreign Affairs, Kaja Kallas.
Greece and Italy reject the extension of Operation Aspides to the Strait of Hormuz.
The ships of the two nations constitute the naval force of the European mission
Freewheels: The government has broken its promise regarding fuel taxes.
Modena
Franchini: Continuing to treat road haulage like a tax cash machine is simply irresponsible.
Pessina (Federagenti): Shipping will also overcome the Strait of Hormuz crisis.
Genoa
We hope - he specified - that we will soon move in the direction of a progressive normalization.
Israel's eastern Mediterranean coast has been designated a high-risk area for the safety of ships and crews.
London
Resolution of the International Bargaining Forum
Evergreen Marine Corporation's revenues decreased by 26.0% in the fourth quarter of 2025.
Taipei
Quarterly net profit down 71.8%
EU Commission and EIB support for investment projects in small and medium-sized ports
In the second half of 2025, OOIL's revenues decreased by -20.0%
Hong Kong
Net profit down 67.9%
In transalpine freight transport through Switzerland, rail is losing further market share to road transport
Bern
Dramatic development - a report underlines - from the point of view of Swiss modal shift policies
An extraordinary IMO council will be held on 18 and 19 March to discuss the situation in the Middle East.
London
As of yesterday, the attacks on ships have resulted in the death of eight sailors and the wounding of ten, in addition to three missing.
In 2025, combined road/rail traffic handled by Hupac grew by +4.3%
Noise
The need to extend the application of contributions to transalpine combined transport beyond 2030 was reaffirmed.
Yang Ming to order six new 13,000 TEU dual-fuel LNG containerships
Keelung
The fourth quarter of 2025 was closed with a net profit down by -81.2%
The resumption of shipping traffic through Suez does not appear to be affected by the blockade in the Strait of Hormuz
Cairo/Southampton/Washington/Genoa
While ships increased by 1.9% in January, growth in the canal has since been more sustained. War material seized in the port of Genoa.
US prepares to attack Iranian ports
Tampa/Muscat
Centcom warns civilians to immediately avoid all port facilities. Drones over the port of Salalah.
MSC to build container terminal at Snake Island Port in Lagos
Geneva
45-year concession agreement with Nigerdock
Attacks on ships in the Strait of Hormuz resume
Southampton/Geneva
A container ship was damaged. A fire broke out on another vessel. UNCTAD raised alarm over the effects of the disruption to maritime traffic in the region.
Three crew members of a bulk carrier stricken in the Strait of Hormuz are missing.
Bangkok
Twenty seafarers were disembarked in Oman
ONE's stake in Poseidon (Seaspan Corporation) will rise to 48.9%
Singapore/Toronto
Investment worth $1.07 billion
FS Logistix and Grimaldi Euromed sign agreement to develop integrated sea-rail transport solutions.
Verona
Confitarma requests the possible deployment of Italian Navy units to the Persian Gulf and Strait of Hormuz area.
Rome
Zanetti: A concrete sign of attention to protecting the country's strategic interests.
Scotland debates taxing cruise ships
Three fifths of those interviewed said they were in favour of granting local authorities the power to introduce a tax
Last year, freight traffic in German ports amounted to 284.4 million tonnes (+3.8%).
Wiesbaden
Imports increased by +5.3%
In January, freight traffic in the ports of Genoa and Savona-Vado Ligure fell by -4.9%.
Genoa/Ravenna
A growth of +12.5% was recorded in the port of Ravenna
In 2025, ZIM's revenues fell by -18.1%
In 2025, ZIM's revenues fell by -18.1%
Haifa
The decline was more pronounced in the fourth quarter (-31.5%). Glickman: the merger with Hapag-Lloyd is very positive for shareholders.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Bremen
In the fourth quarter alone, growth was +5.4%, with container loads increasing by 11.8%.
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
La Spezia
At the port of Marina di Carrara, traffic was 4.8 million tonnes (-0.7%)
PPC and CK Hutchison warn that they will assert all their rights and seek full compensation from Panama
Hong Kong
In 2025, the PSA terminal operator group recorded record revenues
Singapore
Operating profit up 19.0% and net profit up 0.5%
In 2025, the CMA CGM group's shareholder profit fell by -58.1%.
Marseille
Revenues down -2.0% (-5.2% in the fourth quarter alone)
2025 was Global Ship Lease's best year yet
Athens
Positive trend also in the fourth quarter
In the fourth quarter of 2025, freight traffic in the ports of Naples and Salerno grew by +2.0%
Naples
The -1.0% decline recorded at the regional capital's airport was more than offset by the +6.3% growth in Salerno
The Maritime Federation fully endorses the new EU strategies for the maritime and port sectors
Rome
Mattili: We are available to contribute to the EU Industrial Maritime Value Chains Alliance.
CK Hutchison announces it has intensified legal action against the Republic of Panama.
Hong Kong
Addendum to the Notice of Dispute filed with the ICC
Global Ports Holding's cruise terminals see record traffic
Istanbul
Last year there were 18.1 million passengers (+8.5%)
Interferry: The EU Commission's path to ferry decarbonization is the right one.
Victoria
Roos: It is good to recommend that ETS funds be used exactly where they are collected.
CLECAT promotes the EU strategy for the European maritime, port and logistics system
Brussels
Emphasis is also placed on the need to prevent integrated operators from limiting competitors' access to infrastructure, services or customers.
ESPO approves new EU Port Strategy
Brussels
Among the most appreciated elements, the commitment to implement a review of the EU ETS and the FuelEU Maritime Regulation
Tanker hit near Kuwait coast
Southampton/Kuwait City
A shell also hit a container ship in the Strait of Hormuz
European shipowners and shipbuilders applaud the EU's strategy for the sector. German port operators are less convinced by the proposal.
Brussels/Rome/Hamburg
WSC welcomes the strategies for the maritime industry and ports proposed by the European Commission
Washington
However, according to the association, they are not sufficiently attentive to the simplification of trade exchanges.
The European Commission presents two strategies to promote the competitiveness, sustainability, safety and resilience of EU ports, maritime transport and shipbuilding.
Brussels
A high-level council will be established
Explosions and a fire on a Russian ship that sank near Libya
Moscow/Tripoli
In December, Ukraine claimed responsibility for an attack on a Russian oil tanker in the same region.
Attacks on ships in the Strait of Hormuz region continue
Southampton/Battaramulla
Three naval vessels reported shellfire and damage. An Iranian frigate was hit in Sri Lanka.
Viking orders two new expedition cruise ships from Fincantieri and secures an option for two ocean-going vessels
Trieste
The value of the agreements exceeds two billion euros
Container traffic at the Maltese port of Marsaxlokk remained stable in 2025
Kalafrana/Hong Kong
China's CMPort has signed a 70% stake in Brazil's Vast Infraestrutura oil terminal.
T&E: Over half of European ferries could become electric by 2035
T&E: Over half of European ferries could become electric by 2035
Brussels
Klann: Electric ferries are already cheaper on many routes and will become even cheaper in the coming years.
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
London
The area may soon be transitioned to a Warlike Operations Area.
Nautilus International urges States and shipping operators to ensure the safety and rights of seafarers
London/Brussels
The International Trade Union Confederation urges an immediate ceasefire by all parties
Strait of Hormuz: A sailor from a ship attacked by a drone vessel dies.
Muscat
Twenty-one crew members were evacuated
Norwegian Cruise Line Holdings closes a record 2025, but faces challenges with non-operating costs.
Miami
ALIS, the use of ETS revenues to encourage intermodality is a good idea.
Rome
Di Caterina: We hope for a significant increase in the financial resources for the Sea Modal Shift and Ferrobonus instruments starting next year.
CIMC's container sales fell by -31.9% last year.
Hong Kong
Revenues in the container segment fell by -30.9%
Pros and cons of hydrogen applications for decarbonization of the maritime and port sector
Genoa
It was discussed at the Propeller Club - Port of Genoa
In the third quarter of 2025, cargo traffic in Greek ports decreased by -3.6%.
Piraeus
Passengers increased by +1.2%
Confitarma praises legislative initiative for the maritime sector
Rome
Regulatory simplification is a good thing, an essential element for strengthening the competitiveness of national armaments
Assarmatori welcomes the Senate's approval of the "Promoting Marine Resources" bill.
Rome
Messina: overcomes a limitation of the Navigation Code that allows only Italian and EU citizens to join Gente di Mare.
The port system of Venice and Chioggia generates a production value of approximately 15 billion euros
Venice
Direct employees are 26,898 and, including related industries, they rise to 218,853
Green light for aid to reopen the Orbassano-Aiton Alpine Railway Highway.
Brussels
The European Commission authorizes subsidizing the service
Fit Cisl Savona, alarm raised over the potential impact on jobs of the drop in traffic at Vado Gateway.
Savona
The Gioia Tauro Port Authority Management Committee approved the reimbursement of mooring fees.
Gioia Tauro
1.5 million euros allocated
Prologis and Singapore's GIC to form joint venture to invest $1.6 billion in new fulfillment centers in the U.S.
San Francisco/Singapore
The initial portfolio is approximately 380 thousand square meters
The Management Committee of the Port Authority of Genoa and Savona-Vado has taken note of the framework agreement with PSA
Genoa
The update of the Integrated Activity and Organization Plan has been approved.
Hanwha Ocean and ONEX Sign Naval Shipbuilding Agreement
Seoul/Eleusis
The first project in sight is submarines for the Greek Navy
The Antitrust Authority has not opened an investigation into CEVA Logistics' acquisition of the Fagioli group.
Rome
The AGCM believes that the operation will not impede competition or create a dominant position
Singapore's ONE acquires stake in Dongwon Pusan Container Terminal
Singapore
The company operates at the Gammam and Singamman docks of the Port of Busan
EIB finances shore power installation in Rotterdam port
Rotterdam
A loan of 90 million euros has been granted
High-tech exoskeletons to ease the burden on dockworkers in the Port of Livorno.
Livorno
Experiment in collaboration with the Livorno Port Company
Salvatore Lauro, a shipowner from Campania, died yesterday in Ischia.
Naples
He was a senator of the Republic from 1996 to 2005
APM Terminals acquires 49% stake in Vietnam's Hateco Hai Phong International Container Terminal
The Hague/Hanoi
Third phase of construction of Mexico's Lázaro Cárdenas terminal begins
FedEx revenues increased by 8.3% in the December-February quarter
Memphis
Quarterly net income was $1.06 billion (+16.2%)
London pledges £746 million to renovate Nigeria's two ports, Apapa and Tin Can Island, in Lagos.
London
Agreement between UK Export Finance and the Nigerian Ports Authority
Fabrizio Urbani is the new secretary general of the Port Authority of the Central-Northern Tyrrhenian Sea.
Civitavecchia
Unanimous resolution of the Management Committee
In the fourth quarter of 2025, French ports handled 74.2 million tonnes of goods (+7.2%)
La Defense
UNI/Fermerci reference practices on staff training presented at MIT
Rome
The Council of State has rejected the relocation of Genoa's chemical warehouses.
Rome/Genoa
The AdSP declares itself ready for a technical discussion within the framework of a specific initiative by the municipal administration
FS Logistix and Nurminen Logistics inaugurate a new weekly rail service between Sweden and Italy
Rome
2,500 kilometer route
Hapag-Lloyd signs maritime cooperation agreement with Indian government
Hamburg
Plans to bring ships under the Indian flag and collaborate in the development of ship recycling and Vadhavan port
A project for the digital transformation and technological development of the port of Gioia Tauro has been funded.
Gioia Tauro
Resources worth almost two million euros for the Port Authority of the Southern Tyrrhenian and Ionian Seas
Keel-laying and coin-laying ceremony for a new ferry under construction for ACTV
Piombino
It took place in the Piombino Industrie Marittime shipyard
Touax Container Services increased container sales by 36% in 2025
Paris
Revenues decreased by -5% in the year
In 2024, international seaborne freight traffic reached a record 24.1 billion tonnes
Geneva
New historic peak in dry cargo
Medlog (MSC Group) will acquire the remaining 29% of MVN from Logistics Project Italia
Rome
The operation has been notified to the Antitrust Authority
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Greek group Attica Holdings continues its fleet renewal plan
Athens
Purchase of two catamarans for €15 million. Long-term lease of the "GNV Bridge" ferry.
Germany's Arvato has acquired Canada's THINK Logistics
Mississauga/Gütersloh
The company, founded in 2012, is headquartered in Mississauga, Ontario.
Two new state-of-the-art ship-to-shore cranes have arrived at the PSA SECH terminal.
Genoa
They will be operational from June
Banco BPM's €55 million financing to Grimaldi Euromed
Naples/Milan
Partially covers the purchase of the new ship "Grande Inghilterra"
Stolt-Nielsen sells 50% of Avenir LNG to NYK Line
Oslo/Tokyo
The company operates in the liquefied natural gas bunkering sector
Only 7% of the workers in the port companies and terminals of La Spezia and Marina di Carrara are women
La Spezia
Costa cancels cruises originally scheduled to sail to the Middle East
Genoa
The company currently has no vessels operating in the region.
In 2025, d'Amico International Shipping's time charter revenues decreased by -29.0%.
Luxembourg
Fourth quarter decline eases
NYK to become sole owner of Norway's Saga Welco
Tokyo/Tønsberg
The Tønsberg company has a fleet of 48 open-hatch vessels
Grimaldi Group's Valencia Terminal Europa will manage the new car terminal at the port of Sagunto.
Valencia
Grimaldi has taken delivery of the new PCTC Grande Seoul
Naples
It is the ninth ammonia-ready unit of the Neapolitan shipping group
The Cagliari-Algeria service operated by Maersk and Grendi will soon dock at the Giammoro di Milazzo pier.
Messina
It will be held on a weekly basis
Falteri (Federlogistica): The consequences of the war in Iran are only in their infancy.
Genoa
There is a dramatic congestion of perishable products in the hub airports of the Gulf, he underlined.
DP World reported record annual operating and financial results
Dubai
In 2025, container traffic increased by +5.8% and revenues by +22.0%
Two additional new Medium Range 2 tankers for d'Amico Tankers
Luxembourg
Exercised options with Chinese shipyard Jiangsu New Yangzi Shipbuilding Co.
Japan's MOL has acquired 25% of V.Ships France
Tokyo/London
The remaining 75% of the capital remains with V.Ships
ICTSI reports record annual and quarterly financial and operating performance
Manila
Last year the group's port terminals handled 14.5 million containers (+11.0%)
Wan Hai Lines' revenue decreased by 13.3% in 2025
Taipei
The company will buy four new 6,000 TEU container ships and two 9,200 TEU container ships.
Observatory on the presence of women in the blue economy sector
Milan
Initiative by WISTA Italy and the Maritime Federation
The first train will depart from the Pordenone Interport on April 2nd.
Pordenone
Ausserdorfer (InRail): We have already received new requests and contracts to increase connections
Triple ceremony for Explora Journeys at Fincantieri's Sestri Ponente shipyard
Genoa
Technical launch of "Explora IV", coin ceremony of "Explora V" and start of construction of "Explora VI"
The Propeller Club of the Ports of La Spezia and Marina di Carrara has renewed its board of directors.
La Spezia
Gianluca Agostinelli and Federica Maggiani confirmed as president and vice president
The Tunisian government decides to start construction of the port of Enfidha
Tunis
52,000 jobs expected to be created
Hundreds of containers of temperature-controlled plant-based food products are held up in the port of Genoa.
Genoa
Spediporto reports it
The La Spezia Freight Forwarders Association has established a terminal freight forwarder section.
La Spezia
The aim is to strengthen the representation and enhance the value of inland logistics.
FHP Intermodal launches rail service from northern Italy to Bari and Catania
Foggia
Initially, two pairs of trains are scheduled to depart per week.
Managing maritime shipments in a scenario made extremely complex by the crisis in the Middle East
Genoa
Botta (Spediporto) and lawyer Guidi suggest how to handle difficulties
The new Norwegian Luna cruise ship will be delivered in Marghera.
Trieste
It is the second unit of the "Prima Plus" class built by Fincantieri
Assiterminal: The EU's port strategy is a success.
Genoa/Brussels
Seas At Risk, One Planet Port, and IFAW are concerned about the proposed regulation's reference to expediting environmental impact assessments.
The first electrical cabin dedicated to the cold ironing system has been completed in the port of Gioia Tauro.
Gioia Tauro
In April, the first connection of a container ship to a mobile socket
Konecranes revenues remained stable in 2025
Helsinki
The value of new orders grew by +9.7%, with a +21.3% for port vehicles
Finnlines' net profit increased by 50.7% in 2025
Helsinki
Revenues up 2.0%
Ravenna has been designated Capital of the Sea 2026
Rome
Petri (Assoporti): its port is a strategic hub for the national economy
Large shipment of ammunition and detonators seized in the port of Ancona
Ancona
He was about to be embarked on a ferry intended for the exclusive transport of passengers
2025 record for the American cruise group Viking Holdings
Los Angeles
Revenues grew by +21.9%
UECC has ordered China Merchants Jinling to build two PCTCs
Oslo
They will have a capacity of 3,000 CEUs and will be taken into delivery in 2028.
Kuehne+Nagel plans more significant staff cuts
Schindellegi
Worsening economic results in the fourth quarter of 2025
Public notice from the Northern Tyrrhenian Sea Port Authority to select the new Secretary General
Livorno
The procedure is not competitive in nature and no selection process is foreseen.
KKCG Maritime publishes a partial tender offer to increase its stake in Ferretti from 14.5% to 29.9%.
Milan/Hong Kong/Prague
The offer is not aimed at delisting the shares
Norovirus outbreak on second Holland America Line cruise ship
Hong Kong
65 passengers and 11 crew members of the "Westerdam" were injured.
SOS LOGistica, allocating only 10% of the €590 million for road transport to zero-emission vehicles is self-destructive.
Rome/Milan
Texts: talking today about a heavy BEV market that "takes off" remains a mirage
The first U212NFS submarine is being laid down at Fincantieri's Muggiano shipyard.
Trieste
The delivery of the first unit is scheduled for 2029
A new tender has been published for railway shunting in the ports of Savona and Vado Ligure.
Genoa
The tender base amount is 14.8 million euros
China's LC Logistics orders two new 11,000-TEU containerships
Hong Kong
Order with a total value of 236 million dollars
Palumbo Superyachts to build new metal shipbuilding hub in Ortona
Ortona
Concession area in the Abruzzo port
Kuehne+Nagel acquires the road transport business of German firm Lohmöller
Schindellegi
In 2024 they had generated a turnover of approximately 23.5 million euros
Rolls-Royce posts record annual financial performance
London
Revenues increased by 12.2% last year
Fincantieri delivered the ultra-luxury cruise yacht Four Seasons I in Ancona
Trieste
The Navis Sapiens program also debuts with the ship
Nearly 12 million tonnes of CO2 avoided in 2025 for vessels coated with Jotun products
Muggia
Estimated fuel cost savings of approximately $2 billion
In 2025, intermodal traffic handled by Interporto Padova amounted to 381,031 TEUs (-7.5%)
Padua
Record production value recorded
In 2025, the Nola interport handled 2,000 trains
Nola
A 50% increase is expected in 2026
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
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
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
››› Meetings File
PRESS REVIEW
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
Russian shipbuilding holding USC designing high ice-class container ship for Rosatom for Northern Sea Route
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
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