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28 April 2025 - Year XXIX
Independent journal on economy and transport policy
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May 4, 2023

free news
Exim India web site
MAY 4, 2023
  • AMTOI & SEPC ink MoU to boost opportunities and competitiveness in maritime transport & logistics services
  • Wan Hai establishes new office in New Delhi
  • India a key driver of global growth in 2023: IMF
  • Issues related to port charges for DPD-CFS containers
  • Ministry aims at reducing dependence on substitutable coal imports
  • FFFAI partners with 21CC Education to skill member employees
  • Capacity seen impacted as liner operators reduce sailing speed
  • Maiden containerised movement of cargo from SMPK to ICD Siliguri
  • YOU ASK.. WE ANSWER...
  • Chennai Port to Maduravoyal elevated expressway project attracts multiple bidders
  • Fear of choking at Chittagong port after transit facility to India
  • FASTag collection at all-time high
  • Shigeki Iwama takes over as CEO of Honda India Power Products
  • India, Russia discuss RuPay, Mir cards acceptance

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International Transport Journal web site
MAY 4, 2023
  • Geis acquires majority stake in Quehenberger
  • Intermodal service from Italy to France
  • Large order placed for Class 3 EV trucks
  • Faster deliveries between Germany and Ireland
  • JAL to bring back maindeck capacity
  • Malta Freeport Terminal's extension plan
  • Ian Morgan joins ECS Group
  • Hungary to receive first Effi Shunter
  • MEM promotes Terry Blue to president/CEO
  • Fedex enhances same-day delivery service in Korea
  • Roundtable at Stockholm Norvik Port
  • CFS speeds up access to Chittagong's Port
  • Grey Orange: Akash Gupta steps into the CEO role
  • AAL Shipping showcases "Super B-Class"
  • Hinterland transports for EV battery manufacturer
  • "Curiosity of the Day"
  • Canine detectives to sniff out lithium batteries

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The Loadstar web site
MAY 3, 2023
  • MSC leads a standalone charge, but most carriers need their VSAs
  • Contender Sinotrans beats Expeditors and DHL, overshadows all top rivals
  • Traffic jams worldwide playing havoc with car-carrying vessel schedules
  • DHL and Expeditors in Q1: 'well, it could have been worse'
  • 'Shadows on the horizon' arrive for Lufthansa Cargo in Q1
  • It's show time: the curtains open on logistics
  • Californian ports join forces to push data flow between stakeholders
  • Chinese start-up GFL launches link from Busan to St Petersburg

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Marine Log web site
MAY 3, 2023
  • Austal Vietnam launches high-speed cat for French Polynesia
    Austal Vietnam's Vung Tau shipyard has successfully launched a new high-speed catamaran being built for the Degage Group of French Polynesia. Ordered in 2021, the 66 meter Apetahi Express (Austal Hull 425)
  • VIDEO: Iran grabs another tanker in Strait of Hormuz
    U.S. Central Command has released video of an incident today, May 3, when at approximately 6:20 a.m. local time, the Panama-flagged oil tanker Niovi was seized by Iran's Islamic Revolutionary Guard Corps
  • Philly Shipyard lays keel for third NSMV training ship
    The National Security Multi-Mission Vessel (NSMV) training ship program is rolling right along. On May 1, Philly Shipyard hosted a keel laying ceremony for the third of the five new purpose built,
  • MARAD announces 2023 Small Shipyard Grant winners
    The U.S. Maritime Administration (MARAD) has announced $20.8 million in grant awards to 27 small shipyards in 20 states through the Small Shipyard Grant Program. Since 2008, the program has awarded $303

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Container News web site
MAY 3, 2023
  • Port of Gdansk elects new president
    tukasz Malinowski has been elected by the supervisory board as president of the management board of the Port of Gdansk Authority. The new chief executive officer is an experienced manager and legal advisor with 20 years of professional experience, specialising in corporate management and legal teams. For the past three years, he has managed the operations of the Gdansk branch of Energa-Operator S
  • German and Latvian ports strenthen their cooperation
    A group of top Latvian transport and logistics businesses, led by Uldis Reimenis, deputy undersecretary of the Latvian Ministry of Transport, visited Hamburg and Lübeck in Germany from 26 to 28 April. The German-Latvian Port Forum in Lübeck on 27 April was a highlight of the delegation's visit, organised jointly by Port of Hamburg Marketing and the Port of Lübeck, among others. The three-day agen
  • BIMCO: Liner supply falls as operators reduce average sailing speed
    In this week's "Shipping Number of the Week", BIMCO's chief shipping analyst, Niels Rasmussen, looks at the liner operators' practice of reducing the average sailing speed in the wake of the pandemic, a practice that could see sailing speeds fall by 10% before 2025, affecting supply. "During the Covid-19 pandemic liner operators increased the average sailing speed by up to 4% due to strong demand
  • Contecon Guayaquil handles its largest container vessel
    Contecon Guayaquil S.A. (CGSA), an ICTSI-operated terminal in Ecuador, handled the largest vessel in its history in April. More specifically, on 4 April, CGSA received the maiden call of the Maersk Camden, a Liberian-flagged vessel with a capacity of 15,413 TEUs. The 365.9-meter-long ship is deployed on Maersk's AC2 service, which connects Asia with Latin America through the ports of Lazaro Carde
  • Port of Aberdeen invests US$69 million to become UK's first net zero port
    Scotland's Port of Aberdeen has announced a US$69 million investment over the next ten years to become the United Kingdom's first net zero port by 2040. The net-zero promise follows the port's recent investment of more than US$625 million in infrastructure. This includes the South Harbour development, which will open up new business potential in the energy transition, such as offshore wind, hydro
  • Malta Freeport launches terminal expansion
    Malta Freeport Terminals has reached a historic deal with the government to commence its first terminal expansion in two decades. The extension of Malta Freeport will strengthen the facility's position as a premier transshipment centre while also benefiting the local economy and the environment, according to a statement. The project is expected to lengthen the north quay at the Freeport's Termina
  • Thessaloniki Port Authority and dockworkers sign new three-year collective labor agreement
    Thessaloniki Port Authority (ThPA) has announced the successful completion of the negotiations with the Federation of Stevedores of Greece (OFE) and the final agreement for the three-year period (2023-2025) Collective Labor Agreement (CLA). This agreement will regulate the terms of wages and working conditions of the dockworkers at the second largest port in Greece. President of OFE, Simeon Lefth
  • Cargotec, SSAB partner to bring zero-emission recycled steel to the cargo and load handling industry
    Cargotec and SSAB are expanding their collaboration by introducing SSAB ZeroTM, a fossil carbon emission-free recycled steel, to the cargo and load handling industry. This year, Cargotec intends to progressively incorporate this steel into its products. Already, the collaboration has resulted in the launch of the world's first load-handling equipment, a MULTILIFT hook lift built of fossil-free ste
  • Maersk inaugurates new office in Oman
    A.P. Moller - Maersk expands its network in Oman with a new office, the third one in the country. Maersk's new corporate office is located at SOHAR Freezone, and, along with the other two offices in Muscat and Salalah, covers an important part of the country. "SOHAR Freezone was a natural choice for us to set up our new office because of its strategic location at the port and the world-class infr
  • JAXPORT seeks proposals to lease industrial land at the Talleyrand Marine Terminal
    The Jacksonville Port Authority (JAXPORT) has issued a request for proposals (RFP) for a long-term lease of around 320,000 m² of industrial land at the Talleyrand Marine Terminal. The site provides direct access to paved, fenced property in four adjacent parcels at the marine terminal, a berth alongside Jacksonville's federal shipping channel, on-dock rail by multiple providers (direct switching
  • Container volumes drop at Germany's major box port
    The duisport Group said its container throughput declined by 7% to approximately 4 million TEUs in the financial year 2022. In the same period, the duisport Group handled 54.9 million tonnes of goods via ship, rail, and truck. Total traffic in all Duisburg ports (including private works ports) dropped by 5.7% in 2022 to 104.9 million metric tonnes. Amid the challenging market conditions, the Germ
  • Vancouver sees lower TEU volumes in 2022
    Container traffic at the Port of Vancouver declined by 3% to 3.6 million TEUs, due to inland supply chain congestion. Imports fell 4% to 1.8 million TEUs, while exports dropped 2% to 1.7 million TEUs. Overall cargo volumes via the Canadian port decreased by 3% in 2022, following a 3% increase in the second half of the year, fuelled by Canadian resource exports. Furthermore, according to the Vanco

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Splash web site
MAY 3, 2023
  • Concordia Maritime offloads product tanker
    Stena-backed Swedish tanker player Concordia Maritime has sold its 2010-built post panamax products carrier to a European buyer for delivery in the second quarter of 2023. The sale of the 65,200 dwt ship, VesselsValue estimates as worth $29.1m, is expected to have a positive liquidity effect of around SEK215m ($21m) after repayment of the remaining ...
  • South Korean yard readies for FLNG sector growth
    South Korea's Samsung Heavy Industries (SHI) has developed a design for what it says is a next-generation floating liquefied natural gas production facility (FLNG). The shipbuilder is aiming at field developers who want "quick and efficient development". The unit described as a nearshore multipurpose LNG floater has received approval in principle from class society DNV ...
  • PXGEO awarded 3D survey contract
    Peter Zickerman's marine geophysical service provider PXGEO has secured a contract for a 3D marine towed streamer survey for an unnamed exploration company in Oceania. A former Schlumberger executive Tony Bowman, who was recently appointed chief executive of PXGEO, said the survey will follow the successful completion of a three-month project for TGS in Asia ...
  • Iran seizes second tanker in a week
    Iranian forces have seized an oil tanker in the Strait of Hormuz, the second such incident in less than a week. The US Navy said the Panama-flagged VLCC was seized by Iran's Islamic Revolutionary Guard Corps Navy (IRGCN) around 6.20 hrs local time while transiting from the Arabian Gulf toward the port of Fujairah in ...
  • Dubai issues new directive on transparency of local sea container charges
    The Dubai Maritime Authority (DMA), which oversees all aspects of the maritime sector in Dubai, has issued a new directive on the transparency of local sea container charges. The directive, which took effect this month, requires all service providers to declare their local sea container charges to the DMA via the Dubai Trade Single Window ...
  • Atlantica snaps up supramax
    Sources tell Splash that Norwegian asset player Atlantica Shipping, led by Johan Werner, has sealed its first bulker purchase this year, tabling just under $16m for 14-year-old, Mitsui Tamano-built supramax , a ship which was listed owned by Bancorp in the US according to MarineTraffic. The new addition brings Atlantica Shipping's supramax arm up to ...
  • DEME scores French wind hat-trick
    DEME Offshore has secured three contracts with a combined value of more than €300m ($331m) for the Dieppe Le Tréport offshore wind farm in France. This is the third large-scale offshore wind farm project for the Belgian marine contractor in France, following Saint-Nazaire and the recent contract award for the Iles d'Yeu and Noirmoutier wind ...
  • Diana sells majority stake in ultramax to Norwegian player
    New York-listed Greek bulker owner Diana Shipping has sold 75% of the 2016-built ultramax DSI Drammen acquired in February this year to an unnamed Norwegian entity and also secured a new fixture for one of its ships. The Semiramis Paliou-led firm, which bought the 63,379 dwt scrubber-fitted vessel from Norden for nearly $28m, will keep ...
  • Subsea 7 and SLB alliance bags BP contract in Egypt
    Subsea Integration Alliance, a non-incorporated tie-up between Subsea 7 and SLB's OneSubsea has been awarded a contract by BP and its joint venture partner Wintershall Dea for the Raven Infills project, offshore Egypt. The contract covers two-well tieback in the West Nile Delta block and includes the engineering, procurement, transport and installation of approximately six ...
  • TechnipFMC lands large subsea contract in Guyana
    TechnipFMC has won a large contract from ExxonMobil affiliate, Esso Exploration and Production Guyana, to supply the subsea production system for the Uaru project. The contract, which is the company's fifth within the Stabroek block, covers project management, engineering, and manufacturing to deliver the overall subsea production system. The award includes 44 subsea trees and ...
  • Cara slims cape fleet
    Cape sales are slowly ticking in after some slow weeks with few sales to report compared to a Manic march. Sales chatter surrounds a ship owned by cape specialist Cara Shipping, Rizhao Steel's cape arm. Brokers note the , a 2010-built Shanghai Waigaoqiao Shipbuilding, has been sold for $24.5m to undisclosed interests on private terms. ...
  • Tanker markets at decades-high: Danish Ship Finance
    Danish Ship Finance has published its latest keenly awaited biannual shipping markets report, backing up coverage led by Splash Extra that suggests the tanker trades are on course for their best earnings this century. The influential report, which tends to be read by thousands within the industry, covers all the main sectors, but reserves its ...
  • Goodbye lipstick red, hello baby blue: Hamburg Süd brand fades from view
    Goodbye lipstick red, hello baby blue. Maersk's rebrand of a venerable name in German shipping is seeing an old livery painted over. Maersk announced at the end of January it was moving towards a single, unified brand that will see shipping lines including 152-year-old Hamburg Süd, acquired in 2017, and SeaLand as well as newer ...
  • New by name: China's latest liner entrant makes waves
    One of China's latest entrants into liner shipping has a name to reflect its status. Newnew Shipping is one of a host of new local container brands servicing the China - Russia tradelane. Newnew is a subsidiary of Torgmoll, a logistics group, with Alphaliner reporting it has recently bought the 3,700 teu, 2007-built Northern Debonair ...
  • Deck blasted into air in aframax explosion
    Three crew are presumed dead from Monday's explosion in Malaysian waters on the 1997-built , an aframax tanker, with a history of transporting Iranian crude. Dramatic images and videos of the incident have emerged - with almost the entire deck of the ship being blown into the sky. Malaysian authorities were able to extinguish the ...
  • Three crew kidnapped from Eagle Bulk ship off Gabon
    Three crew were kidnapped yesterday when the , a 2010-supramax belonging to Eagle Bulk, came under attack just after midnight from pirates at the Owendo Anchorage in Gabon. The ship remains at anchorage with the remaining 17 crew reported unharmed. The waters around Gabon and the Gulf of Guinea have become a hotspot for piracy ...
  • Of camels and horses
    In his monthly column, Pierre Aury assesses where the global economy - and shipping - is on the path to cutting emissions. Hint: not very far. The Intergovernmental Panel on Climate Change (IPCC) released its sixth assessment report on March 20. Before we dive into it and see then how shipping is faring on the ...
  • Scorpio Tankers closing in on up to $1bn financing
    Monaco-headquartered Scorpio Tankers is lining up a new financing deal of up to $1bn that would enable it to repay and re-finance more expensive lease financing, along with financing certain of its unencumbered vessels. The Emanuele Lauro-led owner and operator of 113 product tankers has revealed talks with a group of financial institutions for a ...

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Lloyd's List web site
MAY 3, 2023
  • Iranian oil keeps flowing despite sanctions
    Islamic Republic maintains its vital economic lifeline, largely due to robust Chinese demand
  • Greek shipping on high alert after Iran hijacks second tanker in a week
    A total of 53 seafarers are now being held by Iranian forces after Iran seized a second tanker on Wednesday
  • LNG and methanol vessel orders picked up in April
    LNG and methanol continue to be the most popular alternative fuel choices among shipping companies ordering new vessels, while concerns...
  • Shell companies obfuscate details behind class society for Iran-linked tanker that exploded off Malaysia
    Management of Foresight cannot be traced. The organisation is only authorised to provide class services for Mongolia and Sierra Leone...
  • Containership charter rates continue to edge upwards
    While charter rates have nudged upwards and periods have increased, a flood of newbuilding deliveries remains a concern during a...
  • Rotterdam's quarterly bunker sales boosted by high-sulphur fuel demand
    LNG bunkering picked up in the first quarter in Europe's largest bunkering hub, as prices fell sharply during the period
  • Changing lanes: Growing independence as alliances evolve
    While key box carriers have continued to enhance their respective fleets, there is an increasing tendency to go it alone...
  • MSC sells more boxships for recycling as scrap prices drop
    Ship recyclers in Alang have snapped up three vintage MSC containerships in the past fortnight, together with a 1985-built forest...
  • Malta to expand container terminal capacity
    Project to lengthen quays, so they can handle the biggest containerships, is expected to take two years
  • Norden revenue boosted by strong market and asset disposals
    Company generated $150m in first quarter of the year profit and a return on equity of 40%, says chief
  • 'Flawed' CII rating complicates charterparty talks and trade designs
    The implementation of the CII could also alter trade patterns as designing and planning slick triangulation voyages may prove to...
  • Iran hijacks Greece-owned VLCC
    This is the second tanker seized in seven days in retaliation for the US seizure of Iran-origin oil on a...
  • Daily Briefing
    Dark fleet tanker Pablo changed flags six days before fatal casualty | Greece shipping ministry 'warned of Iran risk' days...
  • Singapore's bunker ammonia timeline 'not realistic,' says MPA
    Risk identified for conducting ammonia-related pilots in Singapore found to be low or mitigable, according to study, but city-state's regulatory...
  • AD Ports invests $260m in tankers and bulkers to expand fleet
    Company continues to expand its shipping capabilities and diversify its business across the Central and South Asian region
  • West P&I appoints Paulson as Asia head
    Appointment reflects continued growth of Asia as a shipping centre and the region's importance to West, says club

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The Journal of Commerce web site
MAY 3, 2023
  • ILWU, management approve manning deal for non-automated LA-LB terminals
    An agreement on manning requirements at conventional terminals at the ports of Los Angeles and Long Beach could open the door for a deal on a tentative coastwide contract in the next couple of weeks, sources say.
  • FMC crackdown on ocean carrier billing prompts Houston per diem change
    The Port of Houston is changing its tariff to align with ocean carriers who are no longer charging detention and demurrage fees when terminal gates are closed, but it's also increasing its own fees to incentivize cargo movement.
  • US shipping interests want FMC to regulate rail storage fees
    Currently, there is no US regulatory agency with direct authority to oversee application of rail storage fees under ocean carriers' through bills of lading and to determine whether those charges are assessed properly.
  • Textainer CEO sees better H2 ahead for container shipping
    While the executive expects some level of demand rebound in the second half, he hedged that the summer season may not be as healthy as a typical year given uncertainties in the economy and consumer sentiment.
  • Rail savings persisted in Q1, but were down from a year ago: ISI
    Intermodal shippers are saving less than a year ago, but they should anticipate that savings will increase in the months ahead as more annual contracts are signed.

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TradeWinds web site
MAY 3, 2023
  • Paying dividends: Genco Shipping proves it means business with reserve draw
    New York shipowner misses analyst estimates but has seen bookings improve 20% in current quarter's market rebound
  • Tanker seized by Iran was at the centre of a cargo dispute
    US-based pressure group suspects that the Niovi has been held because of a dispute over oil unloaded in China
  • Lindblad ekes out a profit as revenue more than doubles
    New York-listed cruise ship operator beat analyst consensus for this year's first quarter
  • Green methanol demand for maritime to hit 255m tonnes by 2050, MAN says
    Engine designer expects is working on methanol engine retrofits and expects to be announcing projects soon
  • Algoma Central keeps quarterly loss flat as revenue spikes but so do costs
    Prolonged global recession and Russia-Ukraine conflict may hurt financial performance in second quarter, owner says
  • EMS-Fehn-Group chief executive Manfred Muller dies at 56
    Head had built up wide ranging German transport group
  • Tanker seized by Iran linked to oil transfer with now-sanctioned vessel
    The Niovi could be the third ship targeted by Iran that was involved in oil transfers with a vessel hit by US sanctions
  • Hapag-Lloyd shrugs off eco-lobby and approves bumper €11bn dividend payout
    Environmentalists lose battle to see more of profits directed to greener shipping
  • Shift to tanker and bulker orders may see alternative fuelling choices fall
    Classification society DNV says March of methanol and LNG rolled on for newbuildings during April
  • Scorpio Tankers buybacks 'highly advantageous' as discount to net asset value grows
    Clarksons Securities says repurchases will provide good value after stock sinks 10% in a month
  • 'Good margin': Concordia cuts fleet to three tankers with latest sale
    Swedish owner to boost liquidity by $21m by shedding panamax vessel
  • John Kartsonas launches tanker exchange-traded fund in New York
    ETF hopes to replicate success of its dry bulk counterpart
  • Knut Ugland ordering bulkers again as profit hits new record
    New owner of Norway's JJ Ugland pledges to be an active shipping player
  • Tanker-focused exchange-traded fund launches on the New York Stock Exchange
    ETF hopes to replicate success of its dry bulk counterpart
  • Green Seas: A US judge mulls court's say over seafarer rights in pollution probes against ships
    Environment newsletter looks at a debate over whether US courts can review detention of seafarer witnesses in pollution cases
  • Former Danish Shipping climate chief Skipper Schwenn re-emerges with new role
    Policy expert joined by biofuels executive Manja Ostertag as Denmark's Bunker Holding expands
  • 'Year of the VLCC': Biggest tankers take market share as US replaces Russian barrels
    VLCCs have emerged as biggest winners in the trade reshuffle leading to greater volumes on US Gulf to Europe route
  • Wallenius sets up new ro-ro link between Sweden and Poland
    Joint venture, Lakeway Link, formed with compatriot logistics company Greencarrier using new design vessels
  • Sumeet Malhotra named co-head of WFW's mining and commodities team
    Experienced Singapore shipping and trade lawyer to join London-based counterpart Jan Mellman in running global operations
  • CMA CGM embarks on chartering spree for larger container ships
    Liner giant linked to long-term fixtures of up to nine 7,500-teu newbuildings
  • Seapeak scrapped LNG steamship due to 'limited' chartering options
    Company slimmed emissions in 2022 as it docked vessels and laid up one LNG carrier
  • VIDEO: Iranian forces seize Greek-linked VLCC as it transits Strait of Hormuz
    Smart Tankers-connected Niovi directed into territorial waters by Iranian naval vessels, US Navy says
  • Greece's Naftomar doubles money on sale of veteran LPG carrier
    Heady market sets the stage for plenty of deal-making, which includes a remarkable asset play
  • Profit progress: Moody's upgrades ship manager V.Group
    Ratings agency says stronger liquidity also a factor in improved credit assessment
  • Subsea 7 inching toward $10bn backlog with two new deals
    Kristian Siem's offshore vessel outfit gets oil and gas work in the Gulf of Mexico and Mediterranean Sea
  • South Korea's Dae Sun Shipbuilding nets rare MPP newbuildings
    First MPP order for yard in 12 years
  • Norden first-quarter profit edges up amid vessel sales and strong tanker market
    Danish firm entered the capesize bulker segment during the first three months
  • Harry Vafias' Imperial Petroleum clears away last bank debt with Alpha Bank payment
    Harry Vafias-led tanker and bulker company now has an unencumbered fleet
  • Swire calls foul on Hong Kong tycoon over container ship sale
    Shipowner and a secretive Hong Kong family office are fighting behind closed doors over an alleged 'tort of conspiracy' in a ship sale
  • Stainless Tankers earns buy rating following Oslo Stock Exchange debut
    Fearnley Securities says strong overall tanker market and low orderbook means strength for public markets newcomer
  • MOL chief Hashimoto keen to grow LNG fleet 'if berths become available'
    Japanese giant sitting on a whopping 30 orders for new LNG carriers, president and CEO says
  • Maersk's future fuels chief Berit Hinnemann leaves for biofuel producer Green2X
    Executive was in charge of sourcing green methanol for Danish giant's newbuildings
  • Norden first-quarter profit edges up amid tanker sales and strong market
    Danish firm entered the capesize bulker segment during the first three months
  • Pablo devastation revealed as captain recounts escape in wake of blast
    Ukrainian master believes missing seafarers may have been trapped on the vessel
  • Guidelines for 'nurdle' transportation agreed after X-Press Pearl disaster
    New recommendations could be ready for adoption by IMO next year
  • Maltese cargo ship damaged after grounding in Greece
    Master and crew member face charges after incident off Rhodes
  • ZeroNorth and Vitol team up to boost efficiency and share data
    Collaboration will optimise trader's fleet while allowing tech company access to bunkering information
  • Construction talks swirl on first 'Russian-built' LNG carriers
    Questions hang over next three Arc7 hulls as delivery dates for first two Zvezda Shipbuilding vessels are set back
  • IMC, MSC and Gearbulk sell tonnage to HKC-compliant recycling yards
    Alang's ship recyclers benefit from a consistently increasing volume of green recycling deals
  • West of England's Paulson heads for new role in Singapore
    P&I insurer continues to beef up its presence in Asia with relocation of company veteran
  • NSB boosts management team with Transport Capital banker Piyush Sharma
    German group says former Hammonia and HSH Nordbank man will become strategy chief
  • Improving life in the sea-suite
    Efforts are underway to reskill seafarers for the technological changes of tomorrow, while also making it a safer, less lonely career

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American Shipper web site
MAY 3, 2023
  • Cargo 'combi' carriers Korean Air, Lufthansa post lower Q1 revenues
    Korean Air and Lufthansa Cargo saw cargo revenues shrink substantially during the first quarter amid weak economic conditions.
  • Cargojet postpones more 777 freighters, tightens belt as shipments slow
    Canadian air cargo company Cargojet is searching under every rock for savings to maintain profit levels as shipping demand deteriorates.

››› File
FROM THE HOME PAGE
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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