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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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May 3, 2023

free news
Exim India web site
MAY 3, 2023
  • MSC's new Shikra service to call Nhava Sheva & Mundra
  • Balmer Lawrie & Co. commences Multi Modal Logistic Hub in Visakhapatnam
  • Mumbai Port revised SOR from May 15
  • India on way to becoming a hub for commerce & logistics: PM
  • AD Ports Group expands fleet with acquisition of bulk carriers & tankers
  • Mangaluru International Airport's Integrated CargoTerminal opened
  • New 'Connect API' feature of IATA's DG AutoCheck adopted first by dnata
  • DHL Express orders 9 converted freighters
  • Qatar Airways Cargo & Hactl partner in canine detection to sniff out lithium batteries
  • Extension given to Kerala airports for conversion to regulated agent mode
  • Etihad Cargo adds fourth gateway destination to Chinese network
  • DPA oil jetty receives highest parcel size of edible oil
  • Maersk Tankers unveils new voyage management service
  • Logistics clusters planned in UP
  • India seen remaining fastest-growing economy
  • Non-Major Ports - Port-Wise Monthly Cargo Traffic Handled
  • New Mangalore Port issues monsoon advisory
  • Agri exports surpass target in FY23
  • Revised Scale of Rates at Mormugao Port
  • Global freight volumes seen stabilising
  • Sugar output seen dipping in 2022-23

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International Transport Journal web site
MAY 3, 2023
  • Digitalisation is a marathon, not a sprint
  • Four more rail connections to Duisburg
  • Swedavia seeking logistics partners
  • Asset intelligence to improve monitoring
  • Expanding finished vehicle logistics in Spain
  • European inland ports gather in Vienna
  • Promotions at TT Club
  • Funding to reduce air pollution in US ports
  • Increasing logistics activities in Europe
  • More appointments to Krone sales team
  • Hongyuan Group and Cargo One ink partnership
  • Creating a ro-ro highway at the port of Muuga
  • Container throughput remains weak
  • Seven new locations to bolster position in Asia
  • VDB demands more speed for railway upgrades
  • Wiremind and Aeromexico Cargo implement Skypallet
  • "Curiosity of the Day"

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The Loadstar web site
MAY 2, 2023
  • Bankrupt retailer Bed Bath & Beyond sues OOCL for $37.65m
  • Earnings better than forecast for ONE's final quarter, despite slowdown
  • California burning - or dreaming or sinking?
  • Booming auto export market sees ports full and orderbooks stretched
  • Airline concerns intensify as cargo shift from MEX to AIFA looms
  • Alarm over California's drive to switch trucking from diesel to electric
  • UAE port authority's new rule takes aim at carrier surcharges
  • Shipping regulators singing a new tune as the spotlight hits VSAs
  • OceanX: The volume versus value debate - and China's forwarding market
  • Roy Linkner joins Chapman Freeborn ACMI team
  • Qatar's Ian Morgan moves to ECS as US commercial director

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Marine Log web site
MAY 2, 2023
  • Navantia will retrofit Spanish Navy flagship with Azipods
    ABB has secured a breakthrough from Spanish state-owned shipbuilder Navantia that will see the Spanish Navy's flagship, the LHD Juan Carlos I, retrofitted with an electrical propulsion system based on dual ABB
  • Bollinger to refit NOAA's largest ship
    Bollinger Shipyards has begun fabrication work at its newly acquired Mississippi repair facility, Bollinger Mississippi Repair, in preparation to refit the National Oceanic and Atmospheric Administration (NOAA) ship Ronald H. Brown. At

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Container News web site
MAY 2, 2023
  • Global Freight Monitor: Container freight rates hit a speed bump
    The Shanghai Containerised Freight Index (SCFI) turned negative following four weeks of stable or rising rates: SCFI dropped 3.6% week over week after four weeks of rising or stable rates, implying an overhang from the uncertain demand situation. The SCFI is now only 29% above the 2019 level. Transpacific carriers announced a General Rate Increase (GRI) effective 15 May 2023. However, we think mo
  • Increased box traffic at Saudi Ports
    The Saudi Ports Authority (Mawani) marked an increase of 17.57% in container volumes during the first quarter of 2023, scoring a throughput of 2,011,162 TEUs compared to 1,710,608 TEUs last year. Additionally, quarterly container statistics show a 16.08% spike in exported TEUs with a total of 559,829 TEUs. Imported containers saw year-on-year growth of 22.43% climbing to 637,277 TEUs. Meanwhile,
  • Port of Montreal and HAROPA Port renew cooperation agreement
    The Port of Montreal and HAROPA Port renew their agreement aiming to strengthen the trade corridors between Canada and France. In order to consolidate their relationship, engage in deliberations, initiate actions and promote mutually beneficial approaches, the two port authorities signed their international cooperation agreement, which focusses on the following five pillars. The first one is comm
  • Port of Long Beach embraces CARB rules for locomotives and trucks
    The Port of Long Beach supports California Air Resources Board's (CARB's) new guidelines, which reflect and complement the San Pedro Bay Clean Air Action Plan, which was updated in 2017. CARB's measures will support efforts to bring cleaner locomotives to the port's region and mandate zero-emissions trucks by 2035, and the CAAP's initiatives will bolster efforts and provide better air to all Cali
  • Three seafarers missing after tanker blast
    Three seafarers are missing after an explosion on an Aframax oil tanker off Malaysia's southern coast in the South China Sea on 1 May. The blast reportedly happened on the 1997-built 96,800 dwt Pablo around 2.40 pm (local time), causing the 28-man crew to abandon the Gabon-flagged vessel. Vessel-tracking data shows that Pablo had been moving around Zhoushan, China, since February, before sailing
  • The Digital Era of Shipping: WaveBL's Blockchain-based Solution for the Legal and Sustainable Transition to eBLs
    The shipping industry is currently focusing on transitioning from the traditional paper-based bill of lading (BL) to the electronic form of this document. The BL represents the transfer of ownership of goods from a seller to a buyer and serves as a legal contract. It functions as both a receipt of shipment and a legal document that entitles the holder to claim the goods described in the BL. The p
  • MSC unveils new service to connect key ports in China and India
    The world's largest container line MSC adds a new inter-Asia service, called Shikra, between major ports in China and India. The new Shikra service will be operated solely by MSC and is named after the small bird of prey that inhabits much of Southeast Asia and India. Starting with MSC Mara on voyage QS321A, with an estimated time of arrival at Qingdao port on 23 May, the rotation will be as foll
  • Ports of Rotterdam and Mannheim ink logistic partnership deal
    The ports of Mannheim and Rotterdam will expand their collaboration in the next years to make the logistics chain between the two ports more sustainable and digital. Uwe Köhn, port director of Hafen Mannheim, and Matthijs van Doorn, commercial director of the Port of Rotterdam Authority, have signed a memorandum of understanding (MoU) to strengthen these ambitions. The German port of Mannheim por
  • Dredger capsizes after colliding with tanker, three crew members dead
    Three crewmen are dead and another two are missing after a suction hopper dredger capsized after colliding with a tanker in the Philippines on 28 April. According to the Chinese embassy in the Philippines, the Sierra Leone-flagged Hong Hai 189 was working in waters around Corregidor island in Bataan province and was manned by 20 crew members, comprising 16 Chinese nationals and four Filipinos. Th
  • AD Ports Group enhances its fleet with crude oil tankers and bulk carriers
    AD Ports Group has announced plans to increase its fleet by purchasing five bulk ships and three crude oil tankers. These vessel purchases will complement the recently inked agreements as part of the Group's strategy for worldwide expansion aiming to strengthen the shipping division within AD Ports Group's Maritime Cluster. The five bulk carriers, which will be purchased for US$125 million, are p

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Splash web site
MAY 2, 2023
  • Eneti clinches more contract work for Seajacks vessel
    Monaco-based owner and operator of offshore wind vessels Eneti announced that its subsidiary Seajacks has secured a new contract for one of its self-propelled jackup vessels. The contract is for one of the three NG2500-class vessels Seajacks Hydra (pictured), Kraken or Leviathan in Northwest Europe, starting in the fourth quarter of 2023. The vessel will ...
  • Pangaea acquires terminal operations in Florida and Maryland
    Pangaea Logistics Solutions has entered into a definitive agreement to acquire marine port terminal operations in Port Everglades/Fort Lauderdale and port of Palm Beach in Florida, and the port of Baltimore in Maryland from Host Terminals, a subsidiary of T. Parker Host, in an all-cash deal. The Nasdaq-listed US bulker owner of 25 ships, operates ...
  • California approves banning new diesel trucks at ports from 2024
    The California Air Resources Board (CARB) approved the measure called Advanced Clean Fleets, which would prohibit the sale of all new medium and heavy-duty vehicles by 2036 and ban new diesel trucks from ports and railyards from next year. The new regulation applies to local, state and federal government vehicles as well as fleets owned ...
  • D'Amico takes back another MR tanker
    Italy's d'Amico International Shipping has exercised a purchase option on a bareboat chartered-in MR product tanker . The 49,990 dwt ship built in January 2016 by Hyundai-Mipo in South Korea comes at a price of around $22.2m, but d'Amico said the final purchase price may vary slightly depending on the vessel's actual delivery date, which ...
  • Sea/ buys Marcura's MarDocs
    Clarksons-backed digital shipping platform Sea/ has agreed to take over MarDocs, a recap and charter party management platform, from Dubai-based Marcura. The UK-based operation said the move will allow it to further accelerate its progress in digitising and managing chartering workflows from pre-fixture negotiation to documentation. "Sea now bridges the documentation gap in the industry, ...
  • Ziton seals long-term vessel deals with Siemens Gamesa
    Danish offshore wind specialist Ziton has struck strategic agreements with Siemens Gamesa, extending the current charter deal it has with the wind turbine maker and adding a new charter for another to-be-acquired jackup vessel. The current charter of the 2011-built , with options until June 20, 2025, will be extended by four and a half ...
  • Reach Subsea scores new offshore wind contract
    Oslo-listed offshore services player Reach Subsea has been awarded a five-month contract with an undisclosed offshore wind energy major. The deal, which comes with options, will see the subsea vessel utilised on the project, in early May 2023. Reach last summer signed an agreement to charter the ship for four years with an option to ...
  • Shipbuilding prices add to growing US offshore wind costs
    The increased cost of building Jones Act vessels is one of several factors contributing to rising project costs in the US offshore wind industry, according to research carried out by analytics firm Intelatus Global Partners. Intelatus has found that the price to build service operation vessels (SOVs) for the US offshore wind market comes with ...
  • Subsea 7 wins Gulf of Mexico contract with LLOG
    Oslo-listed offshore contractor Subsea 7 has sealed a deal worth up to $150m with Louisiana-based LLOG Exploration Offshore, for the Salamanca development project, which includes the Leon and Castile fields, in the US Gulf of Mexico. The contract scope includes the installation of three infield subsea pipeline systems, as well as the design and fabrication ...
  • Valaris reveals fresh deals and extensions
    New York-listed offshore driller Valaris has secured new contracts and contract extensions for a pair of its jackups and floaters. In Brazil, TotalEnergies exercised an option for the 2014-built drillship Valaris DS-15, keeping the rig under contract through the second quarter of 2024. The optional period is for around 100 days at a dayrate of ...
  • Maritime CEO Forum: Geopolitics driving dry bulk towards a super cycle?
    Geopolitics were to the fore in the concluding dry bulk session at last week's Maritime CEO Forum, held at the Fullerton Hotel in Singapore. Debate about the likelihood of another dry bulk super cycle divided panellists and delegates alike at the exclusive by-invite-only shipowner gathering. "There are a tremendous amount of geopolitical challenges," said moderator ...
  • Owners face severe yard bottleneck
    Shipowners face a severe shipyard bottleneck if they want to source prompt delivery slots from yards in Asia, a situation that is set to worsen in the coming months. Analysis from multiple broking and banking sources show that available delivery slots have all but dried up for 2025, and are rapidly disappearing for 2026 too. ...
  • Tanker with history of moving Iranian oil catches fire off Malaysia
    The risk of casualties from the growing so-called dark fleet has manifested in Southeast Asia again where an aframax tanker caught fire in Malaysian waters with three crewmembers missing. The 1997-built , a ship which has changed hands three times in the last couple of years, issued a distress call yesterday afternoon after a blaze ...
  • Heroic Idun crew released from Nigerian jail after nine-month ordeal
    After nine months of incarceration, Nigeria has finally released the crew of the VLCC , who were accused of attempting to lift oil from an offshore platform and held without bail since last August. The Marshall Islands-flagged tanker and its crew were arrested by Equatorial Guinea forces over alleged crude oil theft, and then returned ...
  • Cambodia starts work on tripling its box handling capacity by 2029
    Cambodian prime minister Hun Sen was guest of honour yesterday for the groundbreaking of a major new container terminal expansion at the kingdom's main port. Sihanoukville Autonomous Port is developing a three-phase expansion through to 2029 to allow larger ships to call at the country, one of the region's fastest growing economies. "The expansion project ...
  • Port of Aberdeen spending $69m to become UK's first net zero port
    The Scottish port of Aberdeen is targeting net zero emissions from vessels visiting the port, as well as the port's own operations, by 2040m, announcing plans to spend £55m ($69m) over the next 10 years to become the UK's first net zero port by 2040. This means targeting net zero emissions from vessels visiting the ...
  • AD Ports enters tanker sector
    Rapidly expanding AD Ports Group from Abu Dhabi has entered the tanker sector as well as bolstering its dry bulk fleet. The company announced yesterday the purchase of five bulk carriers and three crude oil tankers. The five bulk carriers form part of the long-term agreement with Saif Powertec, signed in April 2022, for the ...
  • Entire dry bulk supply chain set to meet at Geneva Dry
    To date, there has been no single, global dry bulk event where miners, traders, commodity giants, shipowners, operators, managers and tech providers get together under one roof to thrash out deals and make important collaboration agreements. This is set to change with the creation of Geneva Dry, a high-level summit for the entire dry bulk ...

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Lloyd's List web site
MAY 2, 2023
  • Dark fleet tanker Pablo changed flags six days before fatal casualty
    Multiple switches of flag, class, registered owner and name changes were among the red flags to forewarn any regulator or...
  • Greece shipping ministry 'warned of Iran risk' days before tanker hijack
    Warning provoked exodus of 'unusually high number of Greek-flagged vessels' from Middle East Gulf region, claims maritime security company Ambrey
  • Scorpio increases dividend and eyes more debt reduction
    Product exports and tonne-mile demand expected to outpace supply over the next two years, company says, while a historically low...
  • Three seafarers missing from bulker boarded off Gabon
    Although there has been three incidents in the Gulf of Guinea in quick succession there is no indication that random...
  • IMO fails to make progress on Arctic black carbon emissions
    Clean Arctic Alliance calls for tangible proposals for mandatory action
  • Karpowership sets out five-year fleet expansion plan
    Owner of 36 floating electricity-generating vessels plans to increase its capacity in the coming years by converting new ships at...
  • Between the lines: Fourth-quarter performance shows signs of carrier weakness
    A stellar financial performance last year was clouded by a significantly weak fourth quarter, as demand waned and average freight...
  • The week in charts: Kerch Strait dark activity rises| No immediate risk to shipping from Sundan unrest | Tanker newbuild orders at two-year high
    Draught restrictions have not disrupted Panama Canal traffic, containers continue to reach Ukrainian markets despite port closures, and newbuilding contract...
  • LNG rates to bottom out this quarter, Drewry says
    The first quarter of the year saw a softening in rates because of a mild winter and low industrial activity...
  • China's high oil demand era nearing an end, says analyst
    Reopening of the country has released pent-up demand from the lockdown period, especially in the service sector. Growth picture remains...
  • SAIC Anji Logistics orders car carriers in fleet expansion
    Each 9,000 ceu newbuilding is estimated to cost $96m
  • The week in newbuildings: Evergreen in tender for methanol-fuel ULCS series
    Up to 24 dual-fuel methanol ultra-large containerships are in the pipeline for world's sixth-largest boxship operator
  • Port of New York and New Jersey in 'strongest position in decades' despite cargo dip
    Largest east coast port handled 8.2% less cargo than its five-year first-quarter average, but was the second busiest port in...
  • Vessel collision in Philippines leaves three dead
    No oil spill has been detected following incident on April 28
  • Seatrium and ABS to develop smart yard initiatives
    Joint development programme includes remote inspection using smart glasses with 5G technology to enhance the surveys during and after the...

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The Journal of Commerce web site
MAY 2, 2023
  • GRI attempts yield partial recovery success for India-US carriers
    Forwarders generally believe the limited GRI gains that have been achieved or are anticipated in the coming weeks on the India-US trades will be short-lived unless more capacity is withdrawn or a large increase in volumes occurs.
  • Drayage rates fall sharply amid downturn in NY-NJ port volumes
    New York-New Jersey port truckers who worked five days per week last year are now down to about half that amount, sending spot drayage rates well below levels seen in 2021 and 2022.
  • TFI targets smaller LTL carriers for acquisition in US, Canada
    Canada's largest trucking holding company is acquiring smaller LTL operators on both sides of the US border, expanding its network and services via "tuck-ins" in a soft freight market.

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TradeWinds web site
MAY 2, 2023
  • Diana fixes capesize bulker to Glencore's ST Shipping for one year
    Athens-based shipowner last fixed a capesize on a long-term fixture in January
  • Diana Shipping sells 75% of ultramax bulker to Norwegian company
    New York-listed bulker owner sells majority stake in vessel as it forges charter to IMC Shipping
  • Euroseas has 'action plan for every scenario', chief executive says
    Aristides Pittas does not like to make predictions, but he wishes company shares were valued higher
  • Seized tanker watch: Suezmaxes detained by Iran and US re-emerge in predictable locations
    The Suez Rajan is heading northwest toward what is expected to be US shores, while the Advantage Sweet is detained at Iranian port
  • Comment: Seizing Iranian oil cargoes is one thing divided US lawmakers can agree on
    Reported seizure of the Suez Rajan breaks a lull in such actions by US officials. A bipartisan group of lawmakers is hungry for more
  • Cheniere Energy signs new LNG sales deal for shipments into 2047
    Producer breaks record on LNG cargo exports during first quarter with 80% going to Europe
  • Greece's Naftomar doubles money on sale of older LPG carrier
    Heady market sets the stage for plenty of dealmaking, which includes a remarkable asset play
  • Blazing tanker was repeatedly de-flagged over Iran claims
    The Pablo went through four names and four registries in the last two years over alleged links to sanctioned oil trades
  • Decarbonisation and safety should go 'hand in glove', class societies urge IMO
    Call comes as the regulator is set to accelerate its efforts to decarbonise shipping
  • Harry Vafias' StealthGas linked to sale of LPG carriers to start-up Toro Corp
    Brokers identify Greek shipowner's quartet as comprising first purchase for Castor Maritime spin-off
  • 'Staggering' Guyana expansion set to boost tankers as ExxonMobil adds project
    US oil major set to take production to more than 1m barrels per day from South American country
  • Japanese tonnage providers build up gas investments with bareboat deals
    Investment in high-value sale and leaseback deals is helping owners grow in fast-expanding market
  • NYK Line named as shipowner behind LNG order quartet in HD KSOE gas carrier haul
    Ships inked against berths pre-reserved for German utility EnBW term charter requirements
  • UK government wants to buy 10 cruise ships and ferries to house asylum seekers
    Home Office plans acquisitions to accommodate new arrivals
  • TMV launches another round of maritime start-up investment with Secro seed funding
    Co-founder Marina Hadjipateras is said to be focusing more on maritime roots in third fund by venture capital firm
  • Clarksons' Sea/ expands again with MarDocs acquisition and Marcura alliance
    UK vessel-fixture platform snaps up charter management service from Marcura
  • Wartsila and DNV connect fleet and data platforms
    Partnership of Fleet Optimisation Solution and data cloud system Veracity aims to make emissions compliance reporting more efficient
  • Shell delivers first LNG cargo to US Navy in Guantanamo Bay on Avenir vessel
    Shipment expected to be used to supply US naval power plant
  • Danish Ship Finance sees strongest tanker outlook for decades
    Low orderbook and longer hauls are the key drivers behind positive predictions for 2023
  • Purus confirms LPG carrier splurge as it agrees options
    UK-based shipowner could be spending more than $420m on new midsize ships in South Korea
  • Dynagas bumps up raft of super-size LNG carrier orders at Hyundai
    But delivery dates show choices are slimming as newbuildings continue to pile in
  • Messina buys boxships and sells conros in tilt to container sector
    Italian operator is substituting conros with container ship purchases worth over $50m
  • d'Amico buys back chartered MR tanker for $17m below market price
    Italian shipowner continues to take advantage of bargain purchase options in bareboat charters and leases
  • Brian Lee retiring as Scorpio Tankers chief financial officer after 13 years
    Veteran finance man followed Robert Bugbee from the old OMI Corp, to be replaced by in-house accounting officer
  • Scorpio Tankers lines up monster $1bn lending to hasten lease payoffs
    Company beats earnings estimates, hikes dividend and bids farewell to longtime chief financial officer
  • Singapore plays down talk of ammonia bunkering trials within 2023
    MPA says timeline is not realistic and does not represent the views of the government
  • Why two liner giants are going their own ways
    Not only have alliance partners MSC and Maersk split, they are taking radically different strategic paths
  • Price rises may be needed to give yards capacity for new tankers, Clarksons says
    Analysts argue current slots are not sufficient to replace ageing ships and meet growing demand
  • WFW promotion round elevates five shipping lawyers to become partners
    Law firm rewards experts in London, Tokyo, Seoul and Madrid
  • Fortescue Metals Group aims to have its VLOCs running on ammonia by 2027
    Mining giant puts flesh on the bones of plans announced in 2021
  • Scotland's North Star explains how to fund expensive wind ships in volatile debt market
    Track record is important in securing loans and equity finance, Scottish shipowner says
  • Itochu bulker holed as barges break loose in Parana River
    Japanese handysize's hull punctured near the waterline in Argentina
  • IMO pushes Arctic black carbon measures back to 2024
    Inaction attacked as a dereliction of duty by alliance of clean Arctic NGOs
  • Advantage Sweet seizure signals US-Iran tensions simmering once again
    BRS Group says negotiations over the scuttled nuclear deal have largely failed, making the Middle East a hotspot for shipping once again
  • Dynagas bumps up raft of supersize LNG carrier orders at HHI
    But delivery dates show choices are slimming as newbuildings continue to pile in
  • Golar LNG teams with Nigerian National Petroleum Company on FLNG
    Is this mystery next LNG carrier-to-floating LNG production unit conversion for Tor Olav Troim's company
  • Maltese cargo damaged after grounding in Greece
    Master and crew member face charges after incident off Rhodes
  • Three crew members kidnapped from Eagle Bulk supramax anchored off Gabon
    Security companies say Glebe Bulker attacked 4.7 nautical miles off Owendo
  • Strong Russian trades point to improved clean tanker rates, says Gibson
    Longer voyages from Baltic ports has put the squeeze on tonnage for the conventional non-Russian fleet
  • Samudera Shipping shares decline over 8% after profit warning
    Indonesian liner operator blames softening of freight rates and weaker volumes for profit decline
  • Three crew members missing after aframax tanker catches fire off Malaysia
    Crude carrier had 28 seafarers on board
  • Three crew members kidnapped from bulk carrier anchored off Gabon
    Security companies say unnamed vessel attacked 4.7 nautical miles off Owendo
  • Acta Marine signs up methanol newbuildings for wind work with RWE
    Dutch owner ties up two SOVs for 12 years in the North Sea
  • UK's Union Maritime bumps up orderbook with fresh bulk carrier newbuildings
    Laurent Cadji-led company has signed four contracts with four shipyards over the past two months
  • Frontline chief executive Lars Barstad's pay tops $1m after profit soars
    But director and main shareholder John Fredriksen banks less from sitting on the board
  • Sovcomflot pays off $377m of Russian bonds but still cannot settle Irish debt
    Sanctioned Russian state shipowner has been swapping eurobonds for domestic paper
  • Lomar resumes bulker acquisitions with triple supramax strike
    Canny S&P player acquires its first bulkers in more than a year
  • Pangaea Logistics ramps up terminal presence with deals in Florida and Maryland
    Rhode Island company ventures into new markets where existing customers already have business ties
  • AD Ports Group splashes out $260m on tanker and bulker buys
    UAE-based company reveals it has acquired five bulk carriers and three crude oil tankers
  • Singapore plays down talk of ammonia bunkering trails within 2023
    MPA says timeline is not realistic and does not represent the views of the government
  • Pangaea Logistics ramps up terminal presence with deals in Florida, Maryland
    Rhode Island company ventures into new markets where existing customers already have business ties

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American Shipper web site
MAY 2, 2023
  • Crowley and CN partner on new Mobile-Mexico ocean service
    Maritime and logistics services company Crowley and Canadian railway CN have joined in a new service that will connect Canada, the Midwest and the Gulf Coast of Mexico.
  • As oil tumbles, marine fuel gets cheaper - and so do tanker stocks
    The price of crude oil is now lower than it was when OPEC announced its latest cuts, fueling more concern on tanker demand.
  • From windfall to sustainable profit for Kuehne+Nagel, DSV
    Two of the world's largest third-party logistics providers consider the glass half-full despite a substantial drop in profits.

››› File
FROM THE HOME PAGE
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
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