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Independent journal on economy and transport policy
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BRIEFS
September 23, 2022
Exim Indiaweb site
  • Maritime And Logistics Awards (MALA) 2022 to honour some of the best in the business today
  • JNPA inks MoU for Jalna MMLP
  • Zipaworld launches its Multimodal App with the launch of National Logistics Policy
  • 'NLP is futuristic, ambitious & achievable'
  • Seamless transfer of logistics data across ministries likely by Nov.
  • GDP growth seen at 7 pc in FY23: ADB
  • 'The policy directs all players to collaborate to eliminate pockets of waste & inefficiency'
  • 'NLP will boost logistics efficiency through interconnectivity & tech-based integrated ecosystem'
  • CMA CGM Group orders seven new biogas-powered ships to serve the French West Indies
  • Pitney Bowes Parcel Shipping Index reveals 7% growth in India's parcel volume in 2021
  • Mahindra Logistics organises CATAPULT logistics incubator program focused on identifying technology solutions
  • IRS customers & stakeholders meet draws good response from maritime fraternity
  • DGFT notifies permission for export of broken rice in transit till Sept. 30
  • Coffee output seen dropping
  • AD Ports Group reaches key milestone in construction of CMA Terminals Khalifa Port
  • Ramp up in Golden Week capacity reductions
  • India unlikely to face impact of global recession: S&P

International Transport Journalweb site
  • Virginie Delcroix joins executive committee
  • Interactive map for Ukraine-EU border crossing
  • Urs Grütter in Swiss Supply Chain Hall of Fame
  • Italian carrier adds 20 e-locomotives to fleet
  • AAL appoints agent in India
  • Barjane's Marseille project on track
  • Gap widens in Hong Kong
  • Tool to calculate rail's carbon emissions
  • Simplifying dangerous goods booking process
  • Target promotes Gretchen McCarthy
  • Fresh produce delivered within 24 hours
  • A special unit for NYK
  • For a sustainable warehouse design
  • Champ accepts Challenge
  • 7.5 t e-truck to be tested in UK
  • Peter Falb to lead expansion in Austria
  • "Curiosity of the Day"
  • SFL opts for two new feeders

The Loadstarweb site
SEPTEMBER 22, 2022
  • Signals go green for transport of electric vehicles on China-Europe rails
  • Ocean and air freight demand softens - uncertain year ahead, says Geodis CEO
  • Capacity fears as APMT shelves Maasvlakte II expansion due to rising costs
  • Greenwashing: The thick green line (let's get real) - Part 4
  • SATS confirms interest in $3bn WFS, but 'does it have the financial clout?'
  • Ship-buyers look for discounts as newbuild orderbook is squeezed hard
  • Greenwashing: The thick green line (hydrogen bomb?) - Part 3
  • Deutsche Bahn invests record €19bn in greener locos and rolling stock
  • Forget linear, the digital SCOR model broadens supply chain thinking
  • Cainiao link boosts e-commerce player Shopline's market to 130 countries
  • Ceva's Janet Ang joins Crane Worldwide as VP industrial
  • Toll appoints Matthew Warrington as president of global forwarding

Marine Logweb site
SEPTEMBER 22, 2022
  • Report points to progress on shipping's path to zero emissions
    How far along is shipping on the path to becoming a zero emissions industry? A new study indicates that there are some encouraging first signs In September last year, the Getting to
  • ATSB makes recommendations to shipping operator after 10 fires in 14 years
    Sounds like this comes under the category of "when will they ever learn?" The Australian Transport Safety Bureau has issued safety recommendations to the managers and parent company of the cargo ship
  • Glosten and ABB introduce methanol-hybrid tug design
    Naval architecture firm Glosten and ABB have joined forces to develop a methanol-hybrid ship assist tug design that provides operators with a viable path to carbon-neutral operations while minimizing operating costs. Referred
  • St. Johns Ship Building lays keel for first CTV in 6 vessel series
    Palatka, Fla., based St. Johns Ship Building has held a keel laying for the first of the six aluminum crew transfer vessels (CTVs) on order at the shipyard for Atlantic Wind Transfers
  • "Fat Leonard" arrested in Venezuela
    Leonard Glenn Francis, the man at the center of the notorious "Fat Leonard" bribery case that has rocked the Navy, has been arrested at the Simon Bolivar International in Caracas, Venezuela. He

Container Newsweb site
SEPTEMBER 22, 2022
  • MABUX reports slight decrease in bunker prices
    Over Week 38, Marine Bunker Exchange (MABUX) global bunker indices continued moderate sliding downward with the 380 HSFO index falling to US$516.77/MT, the VLSFO index decreasing to US$783.41/MT and the MGO index dropping to US$1,112.26/MT). The Global Scrubber Spread (SS) weekly average - the price differential between 380 HSFO and VLSFO - continued to increase over Week 38 reaching US$266.64. I
  • CMA CGM orders seven new biogas-powered vessels to serve French West Indies
    French ocean carrier CMA CGM has confirmed the order of seven new container vessels, powered by biogas, aiming to upgrade its services to the French West Indies. Four of the new boxships will have 7,300 TEU capacity and the other three vessels will have 7,900 TEU capacity, while all the ships will have 1,385 reefer plugs. The newbuildings will be delivered gradually as of 2024 and are expected to
  • Congestion, a big piece of the supply and demand puzzle
    Introduction Dry bulk and container shipping markets have exhibited sharp declines in earnings over the summer. Many have attributed this to a drop in congestion. However, our data shows congestion persists at high levels, though it has shifted from more visible to less visible regions of the world. In this article, we explore the drivers of congestion and consider what are the implications for s
  • Sea-Intelligence reports ramp up in Golden Week capacity reductions
    Danish maritime data company Sea-Intelligence analysed blank sailings data from the leading container lines. The analysts said that blank sailings have for long been the carriers' preferred way of matching supply with demand. "This is what we would call tactical blank sailings," pointed out Sea-Intelligence. However, for much of 2020 and 2021, ocean carriers have struggled to maintain capacity in
  • CMA CGM, AD Ports commence works on new 1.8 million TEU terminal at Khalifa Port
    CMA CGM and AD Ports launched the construction of the new CMA Terminals Khalifa Port, a container terminal which is expected to be operational in the first half of 2025 and will have an initial capacity of 1.8 million TEUs. CMA CGM's port and terminal operator CMA Terminals will have a 70% share in the new box terminal, while AD Ports Group will own the remaining 30%. The project is estimated at
  • PIL's subsidiary makes maiden calls at Tibar Bay port
    Mariana Express Lines (MELL), a subsidiary of Pacific International Lines (PIL), has announced that two of its vessels Kota Dunia and Selatan Damai, made successful maiden calls at the new Tibar Bay Port earlier in September. PIL considers Asia as a key focus region and its subsidiary is involved in

Splashweb site
SEPTEMBER 22, 2022
  • Prosafe and Floatel International bag accommodation vessel extensions
    Offshore accommodation vessel owners Prosafe and Floatel International have secured charter extensions for their semisubmersible units operating in the UK and Norwegian sectors, respectively. In the UK North Sea, BP has exercised an option to charter the 2015-built flotel Safe Zephyrus through December 21, 2022, to continue providing gangway-connected operations supporting the Seagull project at
  • Performance Shipping fixes newly acquired LR2 ahead of delivery at $45,000 per day
    Nasdaq-listed Performance Shipping has fixed its LR2 aframax product tanker it agreed to acquire in August this year to commodity trader Trafigura at $45,000 per day. The charter of the 2010-built , which will be the seventh vessel in the company's fleet, is set to commence upon delivery in November and last between seven and ...
  • ADNOC mulls Gunvor swoop
    Abu Dhabi National Oil Company (ADNOC) is reportedly looking to buy all or part of the Swiss-based commodity trading giant Gunvor. ADNOC has been expanding its trading unit in recent years and has also bolstered its shipping and maritime logistics arm Adnoc L&S, to take advantage of its position as a major producer of oil, ...
  • Nexans adds to US offshore wind contract backlog
    French cabling firm Nexans has secured a new contract with ørsted and Eversource to supply the export cable for the 704 MW Revolution offshore wind farm. This will be Nexans' second contract in the US as part of the frame agreement with ørsted-Eversource, which provides the opportunity to supply up to 1,000 km of high ...
  • Poseidon Principles scales up green ambitions
    Banking signatories to the Poseidon Principles as well as parties committed to the Poseidon Principles for Marine Insurance are upping their green ambitions meaning shipowners will need to get their net zero credentials spruced up fast. 30 shipping banks and 17 marine insurance providers and brokers said today they would add additional trajectories to report ...
  • Scorpio Tankers declares purchase option on LR2
    Monaco-headquartered Scorpio Tankers has exercised an option to buy the 2016-built LR2 product tanker from Norway's Ocean Yield. This 110,000 dwt vessel, which is currently leased, was acquired as part of the acquisition of Navig8 Product Tankers in 2017. The New York-listed company said the purchase, expected to occur in the first quarter of 2023, ...
  • Transocean seals long-term semisub deal with Wintershall Dea and OMV
    New York-listed offshore driller Transocean has landed a contract with Wintershall Dea and OMV for the 2019-built semisub rig to drill 17 wells offshore Norway and also sealed a deal for the drilling of all their wells between 2023 and end-2027. The contract scope entails for OMV the drilling of three development wells for the ...
  • Maersk backs US Clean Shipping Act
    Danish liner giant A.P. Moller - Maersk is backing the proposed legislation in the US that seeks to zero out pollution from all ocean shipping companies that do business with the United States. The bill, known as the Clean Shipping Act of 2022, was introduced in July 2022 by two California members of Congress representing ...
  • Frenchman takes over IUMI presidency
    The International Union of Marine Insurance (IUMI) Council has appointed a new president and vice president as well as new executive committee and nominating committee members. Frédéric Denèfle, managing director of French marine war risks specialist GAREX, has been appointed president, supported by a vice president, Kosuke Hashimoto of Japan and general manager of Marine ...
  • Singapore offshore wind farm vessel newcomer names Europe CEO
    Recently launched Singapore-based pure-play offshore wind farm vessel owner Cyan Renewables has appointed Lars Christian Zøhner to lead its European business. Zøhner, previously the chief executive officer of Danish crew transfer vessel operator World Marine Offshore, will be responsible for overseeing the operations and growth of the firm's regional portfolio with headquarters in Denmark. He ...
  • Maersk Drilling secures more work off Suriname
    Maersk Drilling said that TotalEnergies has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to the work scope of the 2013-built drillship . The contract extension is for about 100 days, with work expected to commence in January 2023, in direct continuation of the rig's previously agreed ...
  • Singapore annual launches
    Today sees the launch of Splash's latest annual report. Published to coincide with Singapore's de facto second maritime week of the year, the 60-page Splash Singapore Market Report 2022 is a frank assessment of where the maritime hub's strengths and weaknesses lie. The two leading maritime hub reports - one compiled by DNV and Menon ...
  • Ex-chairman of ABG Shipyard arrested, accused of perpetrating India's largest fraud
    Rishi Agarwal, former chairman and managing director of ABG Shipyard, has been arrested in India, accused of cheating a consortium of 28 banks of around $2.83bn over a seven-year period through to 2012. Agarwal is accused of setting up around 100 shell companies to funnel cash from one of the nation's top shipyard in what ...
  • Germans team up in bid to create European recycling 'powerhouse'
    Two German companies are to work together in a bid to become the "powerhouse" of European green ship recycling. Cuxhaven-headquartered Leviathan has pioneered a method for near emissions-free ship recycling using robot-assisted cold cutting technology. This week Leviathan signed a cooperation agreement with Kiel's German Naval Yards to use its 426 m long drydock for ...
  • Prosafe awarded $33m US Gulf flotel deal
    Semisub accommodation vessel owner Prosafe has secured more work for its flotel Safe . The 2005-built unit has been booked by an undisclosed client to provide accommodation and construction support in the US Gulf of Mexico. The contract is expected to start in the second or third quarter of 2023 and last for about one ...
  • Further oil leak from bulker wreck off Gibraltar
    After residual oil was found spilling from the stricken bulk carrier, authorities took the decision to close Gibraltar's port again yesterday, including stopping all bunkering operations. The ship is submerged on the seabed less than 1 km from the coastline, having pranged with an LNG carrier on August 29. The ship, which is encircled by ...
  • Brazil expands port privatisation scheme
    The Brazilian government is expanding its port privatisation scheme putting both Rio de Janeiro's port authority Companhia Docas do Rio de Janeiro (CDRJ) and Pará state port authority Companhia Docas do Pará (CDP) on the sales block. "Simultaneously with the privatisation of CDRJ, the ports of Rio de Janeiro, Itaguaí, Niterói and Angra dos Reis ...
  • Are ports the new battlefront in the digital supply chain dilemma?
    Andre Wheeler on the risks of signing up to Beijing's Logink port management system. After attending a recent update on international trade opportunities, I was left asking questions. Are port and terminal operating systems which interface with China platforms unknowingly putting supply chains at risk in this volatile geopolitical environment? Are they inadvertently contributing to ...
  • US Maritime Administration to explore low-carbon options for shipping on the Great Lakes
    The US Maritime Administration (MARAD) has launched a 16-month study exploring low-carbon options for shipping on the Great Lakes. The research group, led by the International Council on Clean Transportation (ICCT) in partnership with the American Bureau of Shipping (ABS) and the Conference of Great Lakes and St. Lawrence Governors & Premiers (GSGP), will assess ...
  • US Interior Department announces offshore oil and gas lease sale in Cook Inlet, Alaska
    The US Department of the Interior announced that the proposed notice of sale for lease sale 258 in Cook Inlet, Alaska will be available for review in the Federal Register today. In the recently enacted Inflation Reduction Act (IRA), Congress directed that the Bureau of Ocean Energy Management (BOEM)

Lloyd's Listweb site
SEPTEMBER 22, 2022
  • Poseidon Principles endorse tougher shipping emission targets
    An updated ambition statement will be re-evaluated after the International Maritime Organization concludes a revision of its greenhouse gas strategy targets
  • Zero-emissions shipping goals for 2030 'partially on track'
    'Even though progress has been significant, more is needed to bring us to 5% and beyond,' says joint study
  • Seafarers must stick to basics as automation looms
    New tech is a fact of modern seafaring and the industry has started to embrace it. There are challenges to...
  • DSME secures second LNG tanker order in a month
    Newbuilding contract brings DSME's orderbook backlog up to 130 ships which includes 63 LNG tankers
  • Capesize market dips after rally
    Spot rates have dipped to $16,000 per day, following days of increases that saw the segment creep up to levels...
  • Tanker values continue to climb amid bullish market
    Positive sentiment in the major tanker markets is driving asset prices upwards with values of some VLCCs up 5% in...
  • Gibraltar suspends bunkering operations due to wreck
    Bunkering operations have been temporarily put on hold to focus resources on clean-up efforts following the grounding of a dry...
  • Shanghai port geared up to build $7bn new terminal
    SIPG said the project will help improve Yangshan's service capacity and the river-to-sea intermodal shipping in the Yangtze River Delta...
  • Meeting obligations on ESG 'is good business'
    Shipowners must already produce the data needed for the Poseidon Principles of Marine Insurance for IMO purposes. But calculating a...
  • South Korean yards in ESG and tech tie-ups
    HHI will use Palantir's Foundry platform to help with digital twinning and other automation projects as part of its Future...
  • IUMI elects Frédéric Denèfle as president
    Being president of the International Union of Marine Insurance gives the holder the ability to release all kinds of messages...
  • Start-up Asian offshore wind farm vessel firm appoints Europe chief
    New company says it is eyeing a $1bn investment in offshore wind vessels in the next five years
  • New cargo risks are loss-prevention headache for marine insurers
    'There is no efficient way to fight the fire. You can't reach the cars, and it's impossible to pump water...
  • Daily Briefing
    Industry attempts to amend EU carbon market amid delays | Why shipping's poor progress report requires high-level attention | EU...

The Journal of Commerceweb site
SEPTEMBER 22, 2022
  • Rate drops, surcharge absence signal weak intermodal rail peak
    Domestic intermodal providers have not put peak season surcharges in place in Southern California this year, a far cry from the $5,000 per container surcharges in Los Angeles each of the last two years.
  • India-US trade surges as sourcing slowly shifts away from China
    The growing popularity of "China-plus-one" sourcing strategies is working to India's benefit, sending trade between the US and India to record highs as shippers seek to diversify their supply chains.
  • Defeat of truck-only tolls to ease transportation costs in US Northeast
    A US court ruling that declared Rhode Island's truck-only tolls unconstitutional will save tens of millions of dollars in operating and shipping costs yearly for truckers and their customers.
  • Ten more shippers pledge to use zero-carbon vessels by 2040
    Sustainability ambitions from the world's largest cargo owners are ramping up pressure on carriers to accelerate their transition to zero-carbon fuels or risk losing high-volume business in the coming decades.

TradeWindsweb site
SEPTEMBER 22, 2022
  • Biden administration aims to make green shipping a highlight of next global climate meet
    White House official tells the Global Maritime Forum annual summit that focus on John Kerry's Green Shipping Challenge will be key on the agenda
  • 'Long runway': Ocean Network Express chief worries IMO could take years to lift carbon cost
    Jeremy Nixon says fuel oil prices need to come up for shipping's decarbonisation, but market-based measures could drag on
  • IKEA swears off using offsets in achieving net-zero fuel goal
    Swedish furniture giant wants 'drastic emissions cuts' as part of goal to slash carbon in half
  • Ten more cargo owners pledge support for 2040 zero-carbon goals
    Multinational shippers clamber aboard Aspen Institute's scheme to lower emissions
  • UN says Ukraine 'needs more, bigger ships', but shipowners fear Putin's threats
    Head of the UN's trade body has called on owners to provide more tonnage to export grain from Russia and Ukraine, but the war risks are deterring players.
  • Sterling Shipping bolsters fleet with kamsarmax bulker buy
    Malta-based owner also refinances its fleet of four panamaxes
  • Sweden's Sterling Shipping bolsters fleet with kamsarmax bulker buy
    Malta-based owner has also refinanced its fleet of four panamax bulk carriers
  • Trafigura takes Performance LR2 tanker at $45,000 two months before delivery
    Charterers still clamouring to secure tonnage on term deals
  • 'Bashing the table for shipping': UK minister's new brief welcomed by industry
    Chamber of Shipping and Major Ports Group see transport secretary's assumption of maritime responsibility as a positive
  • Former ABG Shipyard boss arrested in $2.8bn Indian fraud case
    Rishi Agarwal held by Central Bureau of Investigation on suspicion of misusing bank funds
  • Omens good for VLCCs as US shipments to China boost tonne-miles by half, says Vortexa
    Chinese imports supporting continued strength for big tankers, Ioannis Papadimitriou says
  • Streetwise: Amid a gale of green investing, why is wind player Eneti struggling to lift off?
    Finance newsletter explores stock price that one analyst scoffs at as an 'absurd' oversight, while others say better things coming in good time
  • Troim's anti-ESG stand-up act would make Elon Musk proud
    Special ocean advisor at New York-based UN Global Compact Sturla Henriksen called the performance 'not just irresponsible but bordering on indecent'
  • New chemical tanker captures give Carl F Peters flexibility to expand
    Boss Johannes Rath explains why German owner swooped for Uni-Tankers pair
  • TMS Cardiff Gas linked to latest QatarEnergy-backed LNG orders at DSME
    Latest two contracts bring booked pre-reserved slots against QatarEnergy charters to 13 for South Korean yard with another six contracts expected
  • Addition of German export credit giant KfW IPEX brings Poseidon Principles to 30 financiers
    Nearly two-thirds of global shipping finance is now signed up for framework to bring decarbonisation into lending
  • 'The urgency is clear': Poseidon Principles ups carbon-cutting ambition for ship finance and insurance
    Initiatives involving 30 shipping banks and 17 insurance providers say they will track clients' trajectory to contribute to keeping global warming below 1.5C
  • Carbon Ridge scores investments from major shipping names for onboard carbon capture
    Crowley and Berge Bulk back decarbonisation technology start-up also aligned with Scorpio Group
  • Adnoc 'in talks' to create shipping and chartering giant with Gunvor deal
    Trading sources report discussions over a full or partial acquisition of Torbjorn Tornqvist's $4bn trading group
  • Debt cut: Scorpio Tankers continues purchase spree with LR2 deal
    US-listed owner also reveals share buyback in strong product tanker markets
  • EnTrust Global's Purus snaps up wind farm fleet of HST Marine
    US alternative financier's shipping operation expands in offshore wind operations with takeover deal
  • 'Excessive speed': Cargo owners sue over Ever Given grounding
    Court papers filed in London say grounding was down to errors of navigation that hit global trade for days
  • Insiders snapped up MPCC stock as price dipped towards year low
    Major backer MPC Group and its executives add to their holdings in Oslo-listed tonnage provider as rates plunge
  • OceanPal takes reduced rate for capesize fixed to Hyundai Glovis
    Greek owner bought vessel spun-off from Diana Shipping in June
  • 'Significant upswing': Nordic American fixes suezmax for a year
    Herbjorn Hansson says company well placed to capitalise on higher rates
  • Smit Salvage to start work within weeks on 'time bomb' Yemen ship
    Operation is expected to take four months to remove oil from the decaying FSO Safer and prevent an environmental catastrophe
  • Russia oil price cap: US officials say shipping has nothing to fear if it acts in 'good faith'
    Treasury Department says shipping has little to worry about, so long as it vets its counterparties
  • New Singapore offshore wind farm vessel owner names Europe CEO
    Company recruits from within the industry to lead operation in Denmark
  • US officials: Shipping needs to act in 'good faith' on oil price cap compliance
    Two US Treasury Department employees said shipping has little to worry about so long as it vets its counterparties
  • Singapore-based Jaldhi Overseas turns to China for ultramax bulk carrier quartet
    The 66,000-dwt design was developed by Mitsui Engineering & Shipbuilding
  • Crude tanker trade hammered as Australasian imports drop more than 50%
    Poten & Partners details the impact of lost refinery capacity in the region
  • Putin's war has brought forward energy transition by '5 to 10 years', says Trafigura
    Rasmus Bach Nielsen believes the energy crisis triggered by Russia's Vladmir Putin is driving rapid action towards a low carbon economy
  • Garex chief executive Frederic Denefle appointed next IUMI president
    War risk specialist would like to work with P&I clubs to develop a claims database
  • 'No practical upward limit' on product tanker rates, shipowners say
    There are still several factors that could help boost the product tanker market, some owners and analysts are allegedly nervous to talk up
  • Semiramis Paliou is committed to protecting father's legacy while moving Diana Shipping forwardl
    Chief executive remembers when a female captain asked her what she was doing on her ship while she was working as trainee ship surveyor

American Shipperweb site
SEPTEMBER 22, 2022
  • West Coast ports sink to lowest share of US imports since early 1980s
    East and Gulf coast ports handled more volume than ever before in August, pulling far ahead of West Coast rivals.
  • 19 retailers committed to zero-carbon shipping fuels by 2040
    Retailers are coming together to send demand signals for zero-carbon shipping fuels.
  • Air Canada 360: Freighter aircraft jettisoned 20 years ago now embraced
    Air Canada had a dual fleet but got rid of its cargo jets years ago. A pandemic epiphany led the airline to invest in 12...

›››File
FROM THE HOME PAGE
New attack on a ship transiting the Strait of Hormuz
Southampton
The container ship Ever Lovely was hit by a shell off the coast of Oman.
In 2025, 1,478 containers were lost at sea out of a total of 280 million transported by ships
Washington
On January 1st, the IMO regulation came into force which makes reporting of boxes lost at sea mandatory
BIMCO and ICS' latest report on the maritime workforce raises alarm over officer shortages
London/Bagsværd
In 2026, there will be a shortage of 39,100 STCW certified officers.
In 2025, intermodal traffic handled by Kombiverkehr decreased by -13.5%
Frankfurt am Main
Annual revenues down 8.3%
The government's proposal to update the rules on port governance raises more than one doubt
Rome
Costa: The lack of infrastructure planning cannot be solved with a joint stock company
MSC Cruises and Meyer Werft have not yet signed contracts for four new cruise ships plus two options.
Papenburg/Geneva
The companies expressed confidence that they could successfully conclude negotiations in the coming weeks.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
Geneva
In the second quarter of 2026 it was equal to 290.0 (+2.3%)
AD Ports has completed the acquisition of an 81% stake in Global Feeder Shipping.
Abu Dhabi
In 2025, the company's ships carried 2.8 million containers
An evacuation plan has been established for ships still waiting to transit the Strait of Hormuz.
London/Muscat
Dominguez (IMO): The operation will be carried out in close cooperation with Iran, Oman, all other coastal states in the region, the USA and the maritime industry
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Miami
Fuel costs rise to near-record levels in 2022
Reducing navigation speed and optimizing port calls are the key to decarbonizing shipping
Copenhagen
A new study by the Global Maritime Forum highlights this.
ECSA and A4E reiterate the need to allocate EU ETS revenues to the decarbonisation of ships and aircraft
Brussels
Essential to bridge the price gap between sustainable and conventional fuels
AD Ports' new bid to gain control of Egypt's ALCN rejected
Cairo
A new proposal worth approximately $580 million has been submitted.
John Denholm is the new president of the International Chamber of Shipping
Rome
He succeeds Emanuele Grimaldi, who has completed his four-year term
A ship was hit by a drone in the Black Sea
Odessa
One of the nine crew members died
Port of La Spezia: Dredging of the third port basin and navigable canal begins.
La Spezia
Yesterday, 25 ships passed through Hormuz, the highest daily number since April 18.
Singapore
Since March, the average has been 7.6 transits per day
Interferry calls on the EU to implement the EES pragmatically, or to suspend it
Victoria
The upcoming high summer season - the association denounced - risks suffering serious inconveniences
In the first three months of 2026, freight traffic in French ports increased by +3.8%
Paris
General cargo and solid bulk cargo are growing. Liquid bulk cargo remains stable.
BIMCO and Intertanko stress that there are still significant risks to the Hormuz crossing
Copenhagen/London
In April, freight traffic in the ports of Genoa and Savona-Vado Ligure grew by +1.7%
Genoa
The Boards of Directors of the Basins and Maritime Stations Authority have been renewed.
After more than 100 days in the Persian Gulf, Grimaldi's PCTC Grande Torino has passed through Hormuz
Naples
Transit authorized by the Ministry of Foreign Affairs of the Islamic Republic of Iran
US-Iran agreement signed to restore naval traffic through Hormuz
Islamabad/Tehran
Lifting of the American naval blockade and demining of the waters
Assocostieri, port governance reform should take into account the specific nature of strategic energy infrastructure in ports.
Confitarma rejects any form of toll in the Strait of Hormuz.
Naples
Zanetti: We reaffirm the fundamental principle of freedom of navigation.
Federagenti proposes to allocate the concession fees proportionally to Ports of Italy and the AdSPs to finance the new joint stock company
Rome
DP World in talks to build container terminal at Texas port of Corpus Christi
Charlotte/Los Angeles
Container traffic at the Port of Los Angeles grew by 17.2% last month.
Assarmatori criticizes Brussels, but also Rome, for what they are doing to decarbonize the shipping industry.
Rome
Messina: A return to normalcy in the Strait of Hormuz will not be immediate.
US firm Enstructure buys Logistec's US port terminal network
Wellesley/New York/Montreal
It operates a total of 84 terminals in the USA
Leveraging the revised Block Exemption Regulation to encourage private investment in ports
Constance
FEPORT urges it
The Antwerp-Bruges Port Authority will collaborate in the development of the port of Misrata.
Measured
Project for a new bulk terminal
Bimco, ICS, Intercargo and Intertanko condemn attacks on ships and seafarers in the Strait of Hormuz
London
Call for an immediate cessation of attacks
Container traffic at the Port of Long Beach grew by 31.7% last month.
Long Beach
The overall volume of containers remained unchanged in the first five months of 2026
The Swiss Federal Council proposes extending subsidies for rail freight traffic through the Alps until 2035.
Bern
From 2027 to 2035, 486 million francs would be paid out
So far the number of ships leaving the Persian Gulf is 6-7% of those transited a year ago
Paris
AXSMarine: No Signs of a Long-Term Reopening of the Strait of Hormuz
Global Ports Holding in talks to manage cruise port in St. Vincent and the Grenadines
Istanbul
The terminal currently records an annual traffic of approximately 200 thousand passengers
Investments in Taiwan's ports amounting to 1.8 billion dollars are planned for the period 2027-2031.
Taipei
At the end of the five-year period, annual container traffic is expected to be equal to 15.5 million TEUs
US forces hit a third vessel in the Gulf of Oman
Tampa
The "Jalveer" is said to be carrying a cargo of Iranian oil.
ALLRAIL, CER, ERFA, FEPORT, FTE, UIP and UIRR present their proposal for the European Railway Platform
Brussels
The aim is to ensure market representation from the very beginning of the new European rail capacity governance process.
US Central Command claims responsibility for attack on product tanker Settebello
Tampa/New Delhi/London
Condemnation by the Indian government and the International Maritime Organization
Product tanker hit in Strait of Hormuz region
Southampton/Muscat
One sailor was injured. Two other crew members are missing.
In the first quarter of this year, freight traffic in the port of Civitavecchia decreased by -1.0%.
Civitavecchia
Cruise passengers increase by +32.1%
A merchant ship was attacked in the Gulf of Aden
Southampton
Exchange of gunfire with the security team on board the ship
Gemini Cooperation increases cargo capacity on the Asia-Mediterranean route
Copenhagen
Sea-Intelligence adds additional weekly capacity of 22,402 TEUs
ESPO fully endorses the EU Council conclusions on the Maritime Industrial Strategy
Brussels
The central role of port facilities confirmed
CO2 capture and storage on ships is one of the most concrete and immediately available solutions for the decarbonisation of shipping.
London
This is highlighted in a report commissioned by ICS to Lloyd's Register Advisory.
Antitrust approves Messina Group's acquisition of Terminal San Giorgio
Rome
The Italian Competition Authority (AGCM) has also approved the acquisition by the MSC group of the Asso group's naval maintenance and repair activities (Jobson Italia and UASC UAE).
Rates for ships transiting the Suez Canal are expected to rise.
Ismailia
They will be applied from July 15th. Passenger ships excluded.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
The Council of the EU accepts many of the requests put forward by the associations of the European maritime-port cluster
Luxembourg
However, necessarily, the text postpones the adoption of concrete measures to future legislative initiatives
ESPO calls for proactive use of the EES system to avoid congestion in European ports
Brussels
Ryckbost: Flexibilities activated promptly in exceptional but foreseeable circumstances
Rixi: It is necessary to overcome a maritime ETS that risks shifting traffic and investments to non-European ports.
Luxembourg
What is needed - highlights the vice minister - are incentives and flexibility, not new constraints
Houthis threaten to resume attacks on ships transiting the Red Sea
Sana'a
A total ban on navigation has been declared for all vessels linked to Israeli interests.
Global trade in goods may start to slow down
Global trade in goods may start to slow down
Geneva
This is reported by the latest reading of the WTO Goods Trade Barometer.
The new port road connection to Sampierdarena has been activated in Genoa.
The new port road connection to Sampierdarena has been activated in Genoa.
Genoa
Paroli: the work now allows approximately 900-1,000 heavy vehicles per day to directly access the port's operational areas.
The rapporteurs of the Ports Bill defend the governance project centered on the Ports of Italy.
Rome
Ghio (PD) denounces that the governing bodies of this new company would be appointed entirely by the government. Ghirra (AVS): The objectives of national coordination could have been achieved by strengthening the National Conference of Port Authority Presidents.
US logistics companies WWEX Group and Auctane announce merger
Milan/Dallas/Austin
Artificial intelligence plays a leading role
Unexpected decline in European intermodal traffic in the first quarter of 2026
Brussels
UIRR: Infrastructure chaos caused by construction sites interrupting railway lines
Hanseatic Global Terminals acquires remaining 50% of Hanseatic Global Terminals Aracruz
Rotterdam/Aracruz
The company is building the new Brazilian container port of Imetame
Conftrasporto: The Ports Bill highlights clear operational, financial, and regulatory compliance issues.
Rome
Russo: the competences of Ports of Italy would overlap with those of the Port System Authorities, the Ministry of Transport and the Art
WoodMac believes decarbonisation rules could have a major impact on LNG-powered vessels
Edinburgh
According to the company, European regulations would put ships with DFDE engines out of the market
French MN will transport Avio's Vega C launcher between Italy and South America
Nantes
The French company will equip itself with a new vessel designed specifically for the transport of space equipment
EU methodology for calculating greenhouse gas emissions from transport services comes into force
Brussels
The system is based on the international standard EN ISO 14083:2023
The container ship MSC Sariska V was hit by two shells in the Persian Gulf on Monday.
Geneva/Rome
All crew members were unharmed.
In the first quarter, freight traffic in the port of Bremen/Bremerhaven grew by +5.8%
Bremen
Containers amounted to 1,245,515 teu (+4.4%)
MSC acquires 51% stake in Pivdennyi container terminal (Odessa)
Odessa
It has a traffic capacity of 400 thousand TEUs per year.
The IMO Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea will enter into force on 19 November 2027.
London
Dominguez: a long-awaited achievement, which fills an important gap in the international regime
In April, ship transits through the Suez Canal increased by +13.9%
In April, ship transits through the Suez Canal increased by +13.9%
Cairo
In the first four months of 2026, an increase of +12.1% was recorded
In the first quarter, freight traffic in the port of Naples fell by -5.3%, while in Salerno it grew by +6.4%.
Naples
Container throughput in the two ports was 167,433 teu (-3.5%) and 101,509 teu (+7.8%) respectively.
Kerdjoudj (Feport): With the revision of the EU ETS, part of the proceeds should be allocated to ports.
Brussels
Call to carefully evaluate the risk of relocating transhipment traffic
With the new COSCO-PTP terminal, the port of Tarragona relaunches itself on the container market.
Tarragona
Construction work is expected to be completed in 2028 when the terminal will have a capacity of 680,000 TEUs.
In 2025, Egyptian ports set their new all-time container throughput record
Alexandria, Egypt
Strong growth in transhipment volumes, which had remained stable in 2024
The national contract for port mooring and boatmen has been renewed.
Rome
Filt-Cgil strengthens a regulatory framework essential for the sector
Annual growth of +6% in cruise traffic and +2% in ferry traffic is expected in the Adriatic
Venice
It is the only Mediterranean region to have recorded a decline in cruises in the period 2019-2025
PSA Padova established to develop and manage the Padua intermodal terminal
Padua
The shareholders of Interporto Padova and Padova Hall have approved the merger plan
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.
Spediporto has opened its own representative office in Hong Kong
Genoa
Giachero: the opening of this desk is also an opportunity for young people
Arcese, Conti and Cosulich establish a company for the port logistics of finished vehicles
Livorno
HMM orders eight bulk carriers and two gas carriers
Seoul
Investment of approximately 1.1 billion dollars
MPC Container Ships has purchased four 7,000 TEU containerships built between 2023 and 2024.
Oslo
Investment of 340 million dollars
FedEx posts record quarterly and annual revenue
Memphis
Total revenues in fiscal year 2026 amounted to $94.7 billion (+7.7%)
Geopolitical uncertainty has become the main risk for shipping
Munich
Evergreen purchases 140,500 new containers in China
Taipei
Investments totaling $358.9 million
Memorandum of Understanding for the Launch of Drone Use in the Port of Palermo
Palermo
Submission of the request for the establishment of U-Space
Yesterday, the Strait of Hormuz was crossed by 42 commercial vessels
Paris
For the first time since the beginning of the conflict, several LNG tankers entered the Persian Gulf
Saipem wins new $1 billion offshore contract in Angola
Milan
It was awarded by Azule Energy for the Greater PAJ project
Port of Ancona: Dredging work has begun on the seabed of quay 22.
Ancona
Approximately six thousand cubic meters of sediment will be removed
Confitarma welcomes clarifications regarding ship waste collection management.
Rome
The need for uniform application of the legislation throughout the country was highlighted.
The Tuscan Cooperation Development Fund invests in Uniport Livorno.
Livorno
Operation for a total of 880 thousand euros carried out together with co-investor Coopfond
Fit-Cisl, recognizing dock work as arduous is a priority
Genoa
Pagnotta: This is not a corporate claim, but a question of social justice.
Hupac increases weekly rotations between Antwerp and Busto Arsizio via France to four.
Noise
Two additional departures of the intermodal service introduced
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
From July, the tariff for naval transit through the Turkish Straits will increase by +14.9%.
Istanbul
It will be raised to $6.70 per net tonne
Fincantieri and Republikorp sign agreement to build multipurpose naval vessels in Indonesia.
Paris
The establishment of a joint venture is planned
Study on the divergences between the EU Ship Recycling Regulation and the Hong Kong Convention
Brussels/London
It has been published by ECSA and ICS
The 2026-2028 POT of the Southern Tyrrhenian and Ionian Sea Port Authority has been approved.
Gioia Tauro
Approval also granted to the 2026 budget forecast variation and to the update of the Port's Staffing Plan.
Autonomous Navigation: ABS, Polaris Shipping, HHI, and AVIKUS Sign Agreement
Athens
It will be tested on a VLOC under certain low-risk conditions
Tomorrow in Sant'Agnello (Naples) the inauguration event of the Italy Branch of The Nautical Institute
London
The topics of discussion will include energy transition in the maritime industry, maritime education and training.
The Municipality of Bologna is reconsidering the divestment of its stake in Interporto Bologna.
Bologna/Bentivoglio
An institutional delegation from Flanders visited the interport
Eni and Fincantieri sign agreement to develop innovative underwater monitoring technologies.
Milan/Trieste
Agreement focused on Eni's "Clean Sea" technology
In 2025, LNG consumption in Italy grew by +11% driven by industry and new uses, with the debut in the naval segment
Rome
Amadei (Federchimica LNG Group): Use ETS and FuelEU revenues to support investments and deployment of lower-carbon fuels.
RT&L partners with China's Guangzhou Salvage to strengthen its project cargo segment
Genoa
Bizzarri: the sector is characterised by wide margins for development and profitability
Last year, cargo traffic in Greek ports amounted to 140.8 million tons (-1.5%)
Piraeus
Goods volumes remained unchanged in the fourth quarter only
The International Container Study Center's board and governing body have been renewed.
Genoa
Filippo Gallo confirmed as president and Paolo Pessina as vice-president
Catani (GNV): allocate ETS proceeds to the development of synthetic fuel production chains.
Rome
Resources - he specified - also for port infrastructures and the reduction of the cost differential compared to traditional fuels
Consultation launched on plans to expand the port areas of Fos
Marseille
The goal is to involve residents and local stakeholders
Somec signs €60 million contract with Finnish shipyard
San Vendemiano
One of the most complex interventions ever entrusted to the Horizons division
Daniele Rossi, former president of the port of Ravenna, has passed away.
Rome
He led the port authority for over eight years
ONE will remove calls in Greece and Türkiye from its Adriatic Service 1 service.
Singapore
In Italy it touches the ports of Venice and Ancona
The first phase of the APM Terminals terminal in the port of Suape has been inaugurated.
Suape
It will become operational in the second half of this year
Container traffic increased in May at the ports of Singapore and Hong Kong
Singapore/Hong Kong
Singapore sets record bunkering levels for liquefied natural gas and pure B100 biodiesel
Vavassori confirmed as president of the Lombardy Association of Freight Forwarders and Haulers
Milan
Albertina Schiavoni and Mario Zini have been appointed vice-presidents
The president of Angopi receives the first professional certificate of competence as a mooring man.
Savona
The certificate must be renewed every five years.
Fincantieri has delivered the new cruise ship Mein Schiff Flow to TUI Cruises.
Hamburg/Monfalcone
With a gross tonnage of approximately 160,000 tons, it has a capacity of approximately 4,000 passengers.
In the first three months of 2026, freight traffic in the port of Palermo decreased by -6.3%
Palermo
Traffic also decreased in the ports of Termini Imerese, Trapani, and Licata. Increases occurred in Porto Empedocle and Gela.
The Antitrust Authority has not given its final approval for the acquisition of Armas' assets and activities by Baleària.
Barcelona
Set a series of conditions
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
VARD to build a new generation fishing vessel
Trieste
It was ordered by the Norwegian company Rosund Drift
Royal Caribbean has taken delivery of its new Legend of the Seas cruise ship.
Miami
Built by Meyer Turku, it can accommodate 5,610 passengers
Concentration in the UK shipbuilding sector
London
Baleana buys APCL Group (A&P Tyne, Cammell Laird and A&P Falmouth and Falmouth Docks and Engineering)
Informal hearings of trade union representatives on port governance reform
Rome
At the heart of the critical issues highlighted - confirms Filt-Cgil - is the planned establishment of Porti d'Italia Spa
Venice, the DPSS confirms the need to build new offshore terminals outside the lagoon.
Venice
The Strategic System Programming Document has been approved by the AdSP Management Committee
The Spinelli Group has joined the Italian Association of Port Terminal Operators
Genoa
The company and Assiterminal expressed satisfaction with the resumption of an important association
In the first three months of 2026, freight traffic at UK ports fell by -2.6%
London
More significant decrease (-6.8%) in boarding loads
Mark Hindley is the new president of the European Motor Vehicle Logistics Association
Istanbul
Wolfgang Göbel was elected honorary president
At the Port of Genoa, a tugboat was stopped for irregularities in nitrogen oxide emissions.
Genoa
The vessel is used for the construction works of the new breakwater
In April, freight traffic in the port of Ravenna grew by +21.4%
Ravenna
An increase of +2.5% is expected in May
Sallaum Lines to launch dedicated China-Europe service in 2027
Nanjing
Two new 7,400 CEU PCTCs taken delivery
On June 12th in Naples, an initiative by Filt Cgil on governance in the port sector
Rome
Naval drone found in Romanian port of Constanta
Bucharest
The device self-destructed without causing any casualties.
HJSC receives approval in principle for the construction of a 10,000 TEU biofuel containership.
Athens
It was released from the Korean Naval Register
Global Ship Lease invests $917 million to purchase ten new container ships
Athens
They will be delivered between the fourth quarter of 2028 and the first quarter of 2030.
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 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.
Tomorrow in Sant'Agnello (Naples) the inauguration event of the Italy Branch of The Nautical Institute
London
The topics of discussion will include energy transition in the maritime industry, maritime education and training.
››› Meetings File
PRESS REVIEW
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
WASS (Fincantieri) and Magellan Agreement on Canada's Underwater Defense
Trieste
Industrial cooperation opportunities in the field of heavy torpedoes and countermeasures will be explored
Solutions to overcome the chronic staff shortage in the Italian maritime sector
Procida
Pagano (Maritime Labor Committee): Digitalization, simplification, and cooperation between training and businesses to overcome the crisis
Maritime training agreement signed by Gente di Mare (Cosulich) and Carnival
Genoa
Di Tizio: This collaboration allows us to bring an international project to the territory
Antipollution (V.Group) orders four eco-friendly vessels from ONEX Shipyards & Technologies
Athens
Option for four additional units
Luigi Merlo to lead MSC Cruises' Italian cruise terminal company
Geneva
Centrone (formerly Fincantieri) takes over as Director of Maritime Policies and Government Affairs for the group in Italy
Spinelli has ordered three new handling vehicles from FTMH
Genoa
A reach stacker for empty containers has already entered service in the group's Livorno depot
Greece's Skaramangas Shipyards and South Korea's HD Hyundai sign cooperation agreement
Athens
The aim is to collaborate in the construction of surface military vessels
AD Ports buys the Brazilian Corredor Logística e Infraestrutura
Sao Paulo/Abu Dhabi
The company handles the largest volume of agri-food bulk exports in the South American nation
The 2026-2028 Three-Year Operational Plan of the Northern Tyrrhenian Port Authority has been approved.
Livorno
Unanimous approval from the Management Committee
Chen Lichtenstein appointed president and CEO of ZIM
Haifa
He will replace the resigning Eli Glickman.
Gianluca Croce has been confirmed as president of Assagenti Genova.
Genoa
The members of the association's board for the two-year period 2026-2028
The Mega Serena ferry has joined the Corsica Sardinia Ferries fleet.
Vado Ligure
It has a capacity of up to 2,000 passengers and over 600 vehicles.
The first steel cutting of the Crystal Grace cruise ship took place in Marghera.
Miami
Fincantieri will deliver the vessel in spring 2028
Palumbo Superyacht awarded 13,048 square meters of mooring space to the Port of Ortona.
Ancona
Central Adriatic Port Authority, guidelines for issuing the single ZES authorization
Port of Livorno: Two new FHP MarterNeri warehouses inaugurated
Livorno
Investment exceeding 23 million euros
The Committee of the Central Northern Tyrrhenian Sea Port Authority has decided to close the institution's state of crisis.
Civitavecchia
New solution for exceptional transport on intermodal trains from FS Logistix and Van der Vlist
Verona
Two aerial platforms transported from Verona to Rostock
Port of Naples: Fire aboard GNV's Phoenix ferry
Naples
Flames broke out in the internal areas of deck 6 of the ship
Latrofa has chosen a trusted individual to lead an in-house company within the Lazio Port Authority.
Civitavecchia
The new sole director - he underlined - has been provided with particularly stringent management guidelines
In the first three months of 2026, MPC Container Ships' revenues decreased by -6.4%.
Oslo
Quarterly net income of $40.8 million (-31.8%)
The 2026-2028 Three-Year Operational Plan of the Sardinian Port Authority has been approved.
Olbia
Green light from the Management Committee
The environmental assessment process for the San Antonio Outer Harbor project has been completed.
Saint Anthony
The Viking Mira cruise ship was delivered at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
It has a gross tonnage of 54,300 tons and a capacity of 998 passengers.
In 2025, RINA recorded revenues of over one billion euros (+11%)
Genoa
Net profit up 30%
The new railway bridge has been installed at the Port of Marina di Carrara.
Marina di Carrara
Pisano: A turning point in the port's logistics organization.
Ports, freight terminals, and corridors. Venice and the Upper Adriatic as a gateway to the East.
Venice
This is the theme of the event that will be held on Thursday in Venice
Estonian State Fleet orders electric-powered ferry from Polish shipyard Crist
Tallinn
Contract worth 49.93 million euros
In April, Spanish ports handled 1.7 million containers (+1.7%)
Madrid
Cruise passengers down by -18.4%
Container traffic in the port of Valencia decreased by 2.5% in April
Valencia
In the first four months of 2026, almost 1.8 million TEUs were handled (+0.2%)
Global Ship Lease posts record quarterly revenues again
Athens
Net profit down 24.0%
International cooperation between the Sardinian Port Authority and the Port of Tangier Ville for luxury yachting
Cagliari
Promotion of an integrated nautical circuit between Sardinia and Morocco
The new first aid medical center has been inaugurated in the port of Gioia Tauro
Gioia Tauro
Among the facilities, a first aid clinic and a CMR ambulance
BPER provides financing to Grimaldi Euromed for fleet modernization.
Milan/Naples
Resources used to partially cover the purchase of the ship "Grande Manila"
ASRY and Priya Blue establish ship recycling yard in Bahrain
Al Muharraq/Alang
First ship destined for dismantling has arrived in the Middle Eastern nation
SAAM Towage orders five new tugboats from Turkish shipyard Sanmar Shipyard
Santiago
They will have a pulling capacity of between 70 and 80 tons
Container traffic at the Port of Long Beach dropped 5.7% last month.
Long Beach/Singapore/Hong Kong
In Singapore, growth of +3.6% was recorded, while in Hong Kong containers decreased by -6.3%.
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