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BRIEFS
March 16, 2010
The Business Timesweb site
Shipping News
  • Cosco expects to hit rate hike target in new contracts
    China Cosco Holdings, the nation's largest container-ship operator, expects to win its targeted rate increase in new contracts as world trade rebounds and shipping lines curb capacity.
  • Feb throughput slips 6.4% to 2.1m TEUs
    THE caution that container lines have been showing going into the first quarter appears to be justified.
  • Dhaka to urge Beijing to use Chittagong port
    Bangladesh will persuade China to use Chittagong port as a commercial outlet for its southern Yunnan province, Foreign Minister Dipu Moni said on Sunday.

International Transport Journalweb site
MARCH 12, 2010
  • JostGroup equips fleet with Transics IT solution
    The Luxembourgian transport company JostGroup has equipped its fleet with Transics on-board computers. The new order follows a long and successful cooperation between Jost and the ...
  • Rail investment by the state creates more jobs than building motorways
    Around 66% more jobs are created when the state invests in railway infrastructure than when it pumps its money into building motorways, according to calculations presented by Vienn...
  • Deutsche Post DHL reports substantial net profit in 2009
    Deutsche Post DHL, one of the leading postal and logistics service corporations worldwide, generated an underlying ebit of EUR 1.47 billion in 2009, exceeding its November forecast...
  • Gefco Germany relocates Munich airport branch
    Gefco Germany has replaced its Eching location with a new branch office in Schwaig-Oberding, near Munich airport (Germany). The Gefco group has eleven subsidiaries in Central and E...
  • Rhenus Freight Logistics opens Nancy office
    Rhenus Freight Logistics opened an office in Nancy (France) in February where it offers all its logistics services, including consolidation, distribution, charter traffic and wareh...
  • APM Terminals top candidate to run port of Monrovia
    APM Terminals, which responded to a public tender issued by the Liberian government for the concession to run the port of Monrovia in December 2009, has now been named as the prefe...
  • DP World cautiously optimistic
    Global marine terminal operator DP World handled a total of 25.6 million teu in 2009 in its 28 consolidated terminals (those in which it has majority ownership or operational/manag...
  • Wind turbine plans for Antwerp
    The Antwerp port authority and the Left Bank Corporation plan to collaborate with private partners to build a large wind farm in the port area on the left bank of the River Scheldt...
  • Andreas Keller named vice-president at Swissport Aviation Security
    Swissport International, a leading provider of ground handling services to the aviation community, has appointed Andreas Keller as its new vice-president and head of its Aviat...
  • Geodis appoints new director of groupage division
    Geodis Calberson, the express and groupage division of the French logistics group, recently nominated Bruno Mandrin as its new director. Mandrin has served Geodis Calberson since 1...
  • Majority of Great Wall Airlines now with China Eastern Airlines
    Shanghai-based China Eastern Air Holding Company, the parent of China Eastern Airlines, has acquired the 51% stake of Great Wall Airlines (GWA) previously held by Beijing Aerospace...
  • Australia still investigating cargo airlines
    The Australian Competition and Consumer Commission (ACCC) instituted proceedings in the federal court against Korean Air Lines Co Ltd, the twelfth airline to be the subject of ACCC...

Marine Logweb site
MARCH 15, 2010
  • Marinette starts indoor shipbuilding expansion

World Wide Shipperweb site
MARCH 15, 2010
  • Early April start time for Grays Harbor dredging
  • Coast Guard Petty Officer named Enlisted Person of the Year
  • NYK Logistics Rus opens representative office in Kazakhastan
  • DOT releases panel's report on US Merchant Marine Academy
  • Lieutenant David Jewett named top firefighter for Port of Seattle

Lloyd's Listweb site
MARCH 15, 2010
  • Major flag state holds back IMO fees
    Move in protest against 14.9% hike in fees
  • CMA CGM invites bids from investors
    Investors asked to submit proposals to buy for stake in line's capital
  • Cruise lines seek changes to disability draft law
    Lines press EU for disabled requirements at time of booking
  • Safe Bulkers targets $80m from share issue
    Dry bulk owner plans public offering of 9m shares and private placement of 1m shares
  • Wilh. Wilhelmsen unveils restructuring plans
    Group to create parent group and eyes $400m listing to fund future growth

Fairplayweb site
MARCH 15, 2010
  • FMC promises capacity action
    THE US Federal Maritime Commission has told Fairplay it will take action to address growing concern among liner shippers about a lack of vessel capacity
  • Wilhelmsen reshapes for funds
    NORWAY'S Wilh Wilhelmsen told Fairplay today that it will split its shipping and logistics activities from the rest of the group to create a new listed company
  • COSCO Pacific traffic surges
    COSCO Pacific today reported a 27% year-on-year increase in total container throughput at its terminals in February to 3.2M teu
  • LNG speed up seen
    GLOBAL LNG shipment volumes are expected to rise at a faster pace this year than last year, JP Morgan Chase said in a new report
  • Worker killed at breaking yard
    A WORKER has been killed by a falling steel plate at Bangladesh's Sitakunda demolition cluster
  • Cyclone hits South Pacific
    A CYCLONE has caused damage and mass evacuations in the South Pacific
  • PNG LNG passes final hurdle
    THE PNG LNG project will proceed after major shareholder and operator ExxonMobil announced its financial details are completed

The Journal of Commerceweb site
MARCH 15, 2010
  • FMC Launches Export Web Site
  • Diesel Price Climbs for Fourth Week
  • Hamburg Süd Hikes Eastbound Trans-Atlantic Rates
  • Teamsters Considering ABF Freight Concession Talks
  • Finnish Port Strike Talks to Resume
  • Portec Rail Products Profit Falls 4.8 Percent
  • Industrial Production Edges Up
  • Software Firm Says Truck Industry Sales Growing
  • Wabtec Buys Train Signals Firm Xorail
  • Hanjin Expects Return to Profit in 2010
  • CMA CGM Eyes Investor Proposals
  • Wilh. Wilhelmsen to Restructure
  • Cosco 'Full of Confidence' on Rate Increase
  • Preparing for the Worst
  • Barge Industry Fuels Tax Debate
  • Shippers Push for Rail Law
  • Africa's Road Less Travelled
  • Transportation's Pothole
  • Mapping Apps
  • Covering Your Assets? Don't Skimp
  • LTL is Half Full or Half Empty
  • ODFL Adds 'Fixed' Capacity
  • LTL Carriers Rebuild
  • LTL's Rapid Downsizing
  • Double-Tracked Strategy
  • Rails Ride Post-Storm Rally
  • J.B. Hunt Taps Duncan
  • NY-NJ to Ban Old Trucks
  • Ocean Carriers Touch Bottom
  • Chile's Ports Shaken But Operating
  • Carriers Seeking Uniform Clarity

Containerisation Internationalweb site
MARCH 15, 2010
  • Malaysia's MBf steps into shipping
  • US consumers spend spend spend
  • Finland dock strike talks breakdown
  • APM T enters Liberia
  • China's exports soar: Obama attacks 'undervalued' Yuan

TradeWindsweb site
MARCH 15, 2010
  • Seaspan soars
    Boxship player back to black as expanded fleet boosts fourth quarter and year end profits.
  • LPG lay-up
    BW Gas may lay-up four gas carriers as rates collapse and demand dwindles in the LPG market.
  • Genco ship held
    Emergency preparedness questioned after authorities detain a panamax bulker in the port of Baltimore.
  • Iron price push
    Deutsche Bank analyst foresees volatility in the drybulk market as steel mills challenge miners over iron ore pricing.
  • Tributes for Koo
    Hong Kong mourns as a legendary shipping figure Koo Kou-Ming dies aged 85.
  • Double pay cut
    Statoil extends Havila AHTS brace for a further year, but the rate is sliced by around $4,000 a day.
  • Baltic melts
    Peter Georgiopoulos' latest dry-bulk venture Baltic Trading closes IPO after pocketing $228.2m.
  • No New York link
    Wilh Wilhelmsen's $400m shipping and logistics IPO not flushed out by run of floats in the US financial capital, says Ingar Skaug.
  • Saade seeks cash
    CMA CGM "awaits offers from several investors" as report on talks with shipowner and private equity firm surfaces.
  • Sweating on trio
    Cecon hires Fincantieri and other experts to help decide on the future of its Davie Yards' newbuildings.
  • Skaug retiring
    Wilh Wilhelmsen CEO to put his feet up in the autumn once shipping and logistics IPO is wrapped up.
  • Alla to enter
    Indian restrictions on Lady Alla cargoship to be relaxed after owner reportedly settles legal disputes.
  • Safe sale
    Polys Haji-Ioannou's bulker company lines up $78m share offer to hunt new ships.
  • Carmen fixed
    BW Offshore lands three-year deal for FPSO which has been sporadically laid-up in recent times.
  • Carry on cruising
    British penchant for cruising sees numbers rise again in 2009 despite recession.
  • Helping hand
    Croatian government coughs up loan guarantees for three of six yards it is privatising.
  • Vessels collide
    Ferry and cargoship damaged in collision off Travemunde, Germany.
  • WW cut up
    Norwegian giant to spin-off shipping and logistics wings in potential $400m Oslo float.
  • Offshore auction
    Clarksons takes charge of bust Remedial Offshore's asset sales with bids open for its four ships and rigs.
  • Booze blamed
    Deaths of three Russians on Capital Products tanker last week linked to contaminated alcohol.
  • Norwegian knock
    Polish ro-ro grounded in collision with Dutch cement carrier at Vatlestraum.
  • Michelet quits
    Imarex founder and CEO Herman Michelet walks following "different views" on management of Norwegian derivatives player.
  • Down on debut
    Evangelos Marinakis-backed Crude Carriers sees share price slip following New York IPO.
  • Big John scraps
    Norwegian shipowner John Fredriksen is said to have sent a VLCC and a suezmax tanker for demo.
  • Rescue off US
    Hand injury from watertight door on Greek BP-chartered aframax off US lands crewman in hospital.
  • Darwin demand
    Maersk Line chief Eivind Kolding wants fittest shipowners to survive without help from governments and banks.
  • Welsh woe
    Fastnet's ferry Julia suffers more mechanical problems on new run from Wales to Ireland.
  • Greater Offshore
    Bharati Shipyard strengthens hold on offshore shipowner by striking share deal with rival ABG.
  • Chittagong raised
    Asian Feeder Discussion Group to implement rate restoration on Singapore-Bangladesh route in April.
  • Double vision
    Vomiting illness hits Royal Caribbean cruiseship in Brazil for second time in two weeks.
  • Berlian up sizes
    Indonesian shipowner says it has increased the size of its recent convertible bond issue by 25%.
  • Titan Mercury sold
    Titan Petrochemicals has offloaded another of its single-hulled VLCCs to a Thai shipowner.
  • Sevan pens rig
    Cosco Corp (Singapore) wins $500m deal for semi-submersible drilling unit from Norwegian owner.
  • Mermaid offloads
    Thoresen Thai's offshore arm is clearing out older tonnage as it prepares to welcome newbuildings.
  • Suez snag
    Egyptian canal traffic sinks to lowest in 20 years as strong winds disrupt transits.

American Shipperweb site
MARCH 15, 2010
  • Wilh. Wilhelmsen plans restructuring, IPO
  • The Containership Company to call L.A.
  • Carriers alter Asia/Australia service
  • Cathay February volume up 19%
  • Cambon to head ESC maritime council
  • Exports help narrow U.S. trade deficit
  • NYK opens Kazakhstan office
  • Requirements imposed on ships from Timor

The Scandinavian Shipping Gazetteweb site
MARCH 15, 2010
  • Gas tankers heading for cold lay-up
    The world's largest LPG carrier operator, BW Gas, has decided to send four gas tankers, equivalent to eleven per cent of its fleet, to long-term lay-up. At least
  • Danish captain wounded during robbery in Brazil
    The Danish captain of the product tanker Nord Butterfly is currently hospitalized in the Brazilian city of Salvador. He is being treated after being hit by a gunshot, while he
  • Mols-Linien reports loss
    Mols-Linien A/S managed to improve its figures last year, the loss went down from DKK 56.7 million in 2008 to DKK 1.8 million in 2009. Mols
  • Baltic Breeze I finally leaves Vejle
    The old coaster Baltic Breeze I, which has been moored in Vejle since May 2009, has finally left the port. The Baltic Breeze I was towed by Svendborg Bugser's tug
  • EN Navfor intercepted suspected pirates
    On Sunday the EU-Navfor German warship Emden intercepted a suspected pirate group consisting of a mother ship and two skiffs in the Somali basin between Somalia and the Seychelles
  • Wilh Wilhelmsen in major reshuffle
    The Wilh Wilhelmsen group will be split into two entities, one of which will be listed on the stock exchange. Shipping and logistics activities will be transferred to a new

The Bunker Bulletinweb site
MARCH 15, 2010
  • Stena Bulk orders more 'environmentally friendly' tankers
    New vessels from Samsung Shipbuilding expected to reduce fuel and bunker consumption by up to 15 percent.
  • No lasting damage from Queensland's largest spill
    Scientists confirm no long term impacts, MoU will place emphasis on areas of environmental significance.
  • Prices softening as week begins
    NYMEX prices fall more than $1 in early trading.
  • Middle east prices lack direction
    One supplier still out of Durban spot market.
  • Measuring sulphur content in bunker fuel
    Technology firm says new instrument can be used in blending fuel to meet MARPOL Annex VI requirements.
  • 'Ailing' shipping companies being 'kept alive'
    Maersk CEO says support for loss making players is distorting the market.
  • Sulphur limits will cause 'tremendous pressure'
    Fuel supply and quality questioned, cost to 'affect profitability for all stakeholders'.
  • Saudi refinery offers 380 cSt fuel oil cargo
    Traders say offer is linked to maintenance turnaround.
  • Bunker price movements mixed
    Bunker demand in Singapore healthy.
  • Singapore box throughput up 17.9%
    Compared to worst performing month in the past 36 month; figures 25% short of July 2008 peak volumes.
  • Singapore February sales up 13%
    Sales volume, however, is down 5.9% from January.
  • Titan disposes
    Proceeds from the sale of the VLCC will be used in the company's exchange offer.
  • Japan's January bonded sales drop 13.4%
    It is the fourth consecutive year-on-year fall in bunker volumes.

›››File
FROM THE HOME PAGE
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
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
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
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
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