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Independent journal on economy and transport policy
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November 6, 2023

free news
Exim India web site
NOVEMBER 6, 2023
  • CONCOR posts exceptional results in Q2 FY24
  • Gati's Express Business delivers robust volume growth; Bengaluru super-hub now operational
  • Baltic Exchange Market Report (3 November 2023)
  • APSEZ delivers record cargo volumes in October
  • New WTO Import Licensing Notification Portal now available
  • CBIC notifies amnesty scheme for filing appeals against GST demand orders
  • MSC port Congestion Surcharge to South Africa
  • Black Sea dry bulk exports up
  • Schedule reliability improves to 64.4%
  • Maersk says Q3 financial results in line with expectations in a difficult market
  • Trade advised to use HDC container berths given the operational challenges at KDS' Netaji Subhas Dock
  • CMA CGM OWS for dry cargo from India North West to Central America East Coast & Caribbean
  • International measures for archaeologically relevant and commercial wrecks
  • DP World's We One and NSDC International ink agreement to support skill development & employment opportunities
  • India favourite destination for FDI in infra, says Secy
  • India mulls domestic tax options to skip EU carbon levy, says Goyal
  • Standards should promote global trade: Barthwal
  • Push to build steel containers outside China

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International Transport Journal web site
NOVEMBER 6, 2023
  • Intermediary between worlds
  • Euro 9000 now in operation in Switzerland
  • Iaph: a new VP for Europe
  • Heavy-haul e-loco soon to start mining service
  • A step forward in the cold chain
  • Menzies strengthens female leadership in MEAA
  • New vessels: Who is building most?
  • Introducing Columbia Shipmanagement Vietnam
  • Alphabet expanding in three countries
  • Film and events logistics Down Under
  • Dean Boljuncic to lead commercial development
  • Emirates SkyCargo commits to Southeast Asia
  • Itic issues risk warning for ship managers
  • Indian tech for cross-border shipping
  • "Curiosity of the Day"
  • World ACD: global air cargo tonnages stabilising
  • A new boost for H2-T-F-Max
  • More sales executives for VTG's subsidiary Retrack
  • Cargo IQ onboards new member
  • Come and run in Rotterdam!

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The Loadstar web site
NOVEMBER 3, 2023
  • Job cuts inevitable as the 'wheels have fallen off' for global forwarders
  • Maersk reports poor Q3, expects more losses, cuts jobs
  • Dark Friday: AP Møller-Mærsk - battered by the waves
  • Dockers set to refuse to handle Tesla cars at major Swedish ports
  • Analysis: Will Chinese EVs keep pace with car carrier capacity?
  • HK police warn logistics players after $4.5m of cocaine is found in containers
  • Outbound SingPost M&A: Down at the Border
  • DP World 'shortchanged Australia' by avoiding corporation tax for eight years
  • What's going 'higher for longer': interest rates or air freight rates? Or both?
  • Hamburg Port's Jens Meier elected new president of IAPH

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Marine Log web site
NOVEMBER 3, 2023
  • VIDEO: Giant barge breaks loose in Seattle
    A giant barge, identified in media reports as operated by Alaska Marine Lines, broke loose in Seattle yesterday afternoon and made contact with Pier 66, despite efforts by a King County Water
  • VIDEO: New low-draft landing craft goes to work on Great Barrier Reef
    Australia's Great Barrier Reef Joint Field Management Program has recently taken delivery of a new high-speed low-draft landing craft from Brisbane-based boat builder Norman R. Wright & Sons. Designed by Incat Crowther,
  • Davie completes purchase of the assets of Helsinki Shipyard
    Canada's Davie Shipbuilding today reported that it has finalized the acquisition of the assets of Finland's Helsinki Shipyard Oy (HSO). This completes a deal that Davie first revealed was in the works
  • Yara International in plan to build world's first ammonia-fueled containershi
    Norway's Yara International, the world's largest producer of ammonia, and its Yara Clean Ammonia offshoot are joining forces with another Norwegian player, North Sea Container Line to build and operate the world's

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Container News web site
NOVEMBER 3, 2023
  • Global Scrubber Spread continues to rise
    During the 44th week of the year, the 380 HSFO index dropped by US$28 to US$534.56/MT, the MGO index decreased by US$29.73 to US$957.20/MT, while the VLSFO index gained US$1.06 reaching US$672.58/MT. "At the time of writing, market trends remain uncertain," pointed out a MABUX spokesperson. In addition, the Global Scrubber Spread (SS) - the price difference between 380 HSFO and VLSFO, increased s
  • Port of Kalundborg to electrify all cranes in its box terminal
    Denmark's Port of Kalundborg intends to electrify all cranes in its deep-water container terminal within seven months. APM Terminals, operator of the port of Kalundborg since March 2021, said the container handling equipment in the short term will run on HVO100 fuel - or hydrotreated vegetable oil - lowering CO2 emissions by 90%. In the long term, the terminal will investigate various decarbonise
  • New leadership for International Association of Ports and Harbors
    Jens Meier, CEO of Hamburg Port Authority, has been elected as the new president of the International Association of Ports and Harbors (IAPH) for the next two years, replacing Captain K. Subranamiam, general manager of Port Klang Authority. IAPH has also named Port of Los Angeles executive director Gene Seroka as the new regional vice president for the North America region, succeeding Robin Silve
  • Yilport acquires Takoradi Port stake from Africa Finance Corporation
    Africa Finance Corporation (AFC), an infrastructure solutions provider in Africa, has sold its 35% equity stake in Atlantic Terminal Services Limited (ATSL), the concessionaire for the expansion of Ghana's Takoradi Port, to the global port operator Yilport Holding. In 2019, AFC committed to invest up to US$138 million in equity and debt for the Takoradi Port Expansion Project. The project, which
  • Ship owners back DP World in wharfies dispute
    Shipping Australia, the ship owners' and agents' association, has backed DP World in its dispute over pay and conditions with dockers' unions which the company says is costing A$10 million (US$6.5 million) a day in lost revenue. DP World, which operates four key Australian ports at Sydney, Melbourne, Brisbane and Perth, has wanted to introduce a digitalised rostering system that it says would all
  • Kuehne+Nagel enhances its groupage network in Europe with new depot in Italy
    Kuehne+Nagel has launched a new strategic depot in Turin, Italy, which is the latest addition to its European groupage network. "Groupage is a service that allows customers to book road freight services for shipments of up to 6 pallets or 2.4 loading meters, which are then grouped with other consignments to optimise truck capacity," explains the company in its announcement. Kuehne+Nagel believes
  • CMA CGM applies new FAK rates from Asia to North Europe
    Marseille-based container line CMA CGM has announced new Freight All Kinds (FAK) rates from all Asian ports, including Japan, South East Asia and Bangladesh, to all North European ports, including the United Kingdom and the full range from Portugal to Finland/Estonia. The following rates will apply to dry, out of gauge (OOG), paying empties and reefer cargo beginning on 1 December: 20'GP 40'GP/40
  • Hapag-Lloyd raises rates from California to Indian Subcontinent and Middle East
    Hapag-Lloyd has announced a General Rate Increase (GRI) from the US West Coast to Indian Subcontinent and Middle East for cargo transported in 20' and 40' dry, reefer and special Containers, including high cube equipment. More specifically, the GRI will be implemented from the ports of Los Angeles, Long Beach and Oakland to the ports in India, Bangladesh, Pakistan, Sri Lanka, United Arab Emirates
  • EU should limit market behaviors for alliances, says FEPORT
    To close what it believes to be the legal vacuum that will exist from 25 April 2024, following the expiry of the Consortia Block Exemption Regulation (CBER), the Federation of European Private Port Companies and Terminals (FEPORT) believes "the European Commission (EC) should now set clear limits on the behavior on the market for large alliances and strictly enforce existing laws." There have bee
  • Hamburg, Halifax and Valencia ports join forces to create first port innovation hub network
    The innovation hubs of the Port of Hamburg (homePORT), the Port of Halifax (The PIER), and the Port of Valencia (Opentop) announced on 26 October that they have begun work on the design and implementation of the first network of port innovation hubs. This new effort was announced during the Port Entrepreneurship International Congress, which was hosted by Opentop and conducted as part of the Vale
  • Maersk decided to cut at least 10,000 jobs
    Danish container shipping company Maersk has announced it will cut more than 10,000 jobs after the financial downturn in the third quarter of 2023, when it saw its revenue and earnings shrink . The company said it has imposed "rigorous cost containment measures" during the year to cushion the impact of the challenging market conditions, including headcount reduction from 110,000 in early 2023 to
  • Maersk's earnings and revenues plummet
    Maersk said its financial results for the third quarter of the year were in line with expectations in a "difficult market environment" with rates well off their last year peak and tested by the increase of capacity in Ocean. The Danish shipping giant reported revenue of US$12.1 billion in 2023 Q3, falling about 47% year-over-year, with an EBIT margin at 4.4% impacted by lower freight rates and de
  • Sea-Intelligence reports further decline in vessel utilisation
    Blank sailings data, when put into the context of container demand data, can be useful in calculating the underlying capacity utilisation on the major East/West trades, according to Danish maritime data analysis company Sea-Intelligence. A caveat with this simplistic approach, is that this is not necessarily the "true" capacity utilisation, as e.g. vessels from Asia to Europe would also be carryi
  • Container trade declines in Melbourne
    The Port of Melbourne announced its total container throughput in September reached 267,392 TEUs, translating to a 6.9% decrease from the same month last year. The full container imports (excluding Bass Strait) were down in September by 7.2%, with domestic appliances, furniture, toys, and sporting items falling short of last year's volumes. Furthermore, full container exports (excluding Bass Stra
  • XPO launches new service center in Central Florida
    XPO, a North American freight transportation provider, has launched the construction of a new service center in Lakeland, Florida, as part of the company's strategy to expand its capacity across North America by adding 900 net new doors by the first quarter of 2024. XPO is building the new facility of around 3,000m² on about 32,375 m² of land near Interstate 4 and Commonwealth Avenue. The service
  • Port of Gothenburg handles 677,000 TEUs in first three quarters
    In the first three quarters of the year, the total number of containers handled in the Port of Gothenburg grew by 3% to 677,000 TEUs. According to the most recent figures, during the same time, the Swedish market has shrunk by 4.5%. Other important European ports have had even higher declines, with Rotterdam and Antwerp, for example, both suffering a 7% fall in the first three quarters of 2023. A
  • 6 Tips for Packing Your Moving Containers Like a Pro
    Moving can seem pretty overwhelming, but if you have good plans and a bit of knowledge, you can make it a smooth and effective process. One big factor in a successful move is being a packing expert when it comes to your moving boxes. Whether you're using the usual cardboard boxes, strong plastic bins, or those handy modern shipping containers, packing wisely can save you time, money, and keep you
  • Emirates Shipping Line to commence Far East Africa Express service
    Emirates Shipping Line (ESL) announced the launch of the Far East Africa Express (FAX) service connecting major ports in China with Mombasa in Kenya and Dar es Salaam in Tanzania. The weekly FAX service will be operated by vessels ranging from 2,500 to 3,000 TEUs and is expected to provide fast transit times from North, Central and South China and Southeast Asia via Port Klang to East Africa. "Th

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Splash web site
NOVEMBER 3, 2023
  • Aasen Shipping back at Royal Bodewes for three hybrid methanol-ready bulkers
    Norway's Aasen Shipping has returned to Dutch shipyard Royal Bodewes with an order for three hybrid-powered methanol-ready self-discharging bulk carriers. The order for 119,95-m-long newbuilds follows Bodewes' delivery of battery-hybrids Aasfjell and Aasfoss in 2021 and 2022, respectively. The new ships, with the first delivery planned for December 2025, will have a similar design as ...
  • Seacon to buy and then sell bareboat-chartered supramax
    Hong Kong-listed Seacon Shipping is shipping out the 2010-built supramax bulker it currently has on charter under a bareboat agreement. The Qingdao-based shipowner and operator, via its subsidiary Golden Orchid, will lift a purchase option for the 57,005 dwt vessel at Bank of Communications Financial Leasing's (BoCom Leasing) shipowning arm, Xiang B5 HK International Ship ...
  • Methanol and LNG fuel lobby groups square up
    A war of words has broken out between the heads of two alternative fuel lobby groups, right here on the Splash site. Earlier this week, Peter Keller, chairman of lobby group SEA-LNG, wrote for Splash, taking aim at the limitations of methanol, a fuel that has rapidly grown in popularity this year and is now ...
  • Corio sets sights on Greek offshore wind market
    Corio Generation has moved to explore opportunities for offshore wind development in Greece Macquarie's offshore wind portfolio company has teamed up with local technology company Globalsat to assess potential areas for development, conducting engineering studies and research into relevant wind, metocean and marine conditions. Corio said the partnership will assess any official tender opportuniti
  • Vårgrønn and Flotation Energy advance Scottish 1.9 GW floating wind scheme
    Flotation Energy and Vårgrønn, a joint venture between Eni's Plenitude and HitecVision, have signed exclusivity agreements for two floating offshore wind developments with up to a total of 1.9 GW capacity. The agreements were signed under Crown Estate Scotland's Innovation and Targeted Oil and Gas (INTOG) leasing round for offshore wind projects that will directly ...
  • 'Challenging times ahead': Maersk lets go of thousands of staff
    A year is a long time in liner shipping. At the end of 2022, carriers were handing out mega bonuses, some equivalent to more than a year's pay. Fast forward to today and those same staff face the axe as the sector battles plummeting rates and rampant overcapacity. Maersk today issued its Q3 results, detailing ...
  • Union Bulk becomes shipowner with first bulker buy
    Danish dry bulk shipping and freight trading company operating primarily in the handysize and handymax segments Union Bulk has become a shipowner following the acquisition of a 28,386-dwt bulker. The company was established in March 2019 and was founded by Anders Svarrer and Jens Boesen. Since its inception, it worked as a dry cargo vessel ...
  • Dynacom selects Yangzijiang for LR1 pair
    George Procopiou's Dynacom Tankers Management has put pen to paper for a pair of 75,000 dwt LR1 product tankers at Yangzijiang Shipbuilding. No price has been revealed for the two ships. Procopiou's spend on newbuilds this year is now approaching the $2bn mark. In an investor update, Yangzijiang, China's largest private shipyard, revealed it had won ...
  • HMM seals large dry bulk deal
    Aware of sliding profits from its primary business, container shipping, HMM, South Korea's for-sale flagship, is looking to boost other parts of its diverse fleet. HMM has laid out plans to grow its dry bulk fleet to 55 by 2026, up from today's figure of 35. Yesterday, the company revealed it had signed long-term charter ...

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Lloyd's List web site
NOVEMBER 3, 2023
  • Canadian yard buys Russia-linked Helsinki Shipyard
    Canada's Davie specialises in building icebreakers and ferries and has a contract with the Canadian government to build icebreakers for...
  • Maersk discloses details from USMMI offload deal
    Maersk said in an earnings statement that it gained $94m from the sale of USMMI, or $74m after tax. A...
  • Reward outweighs risk for owners trading into Ukraine's Danube river ports
    The promise of profits mean Ukraine's smaller river ports will see sustained demand despite war-associated risks
  • What the Maersk and Norden numbers are telling everybody else
    Our lifetimes may never again see an era in which sailing vessels from A to B generates returns that make...
  • Maersk battens down the hatches in expectation of long slump
    The outlook for container shipping is grim and getting grimmer, Maersk says. It is now shoring up its finances and...
  • End of consortia block exemption a 'non-issue', says liner executive
    'I see this as a big news cycle, but it has no impact on my organisation that I can foresee...
  • Gram Car Carriers eyes 'prolonged firm' PCTC charter market
    'We estimate a carrying capacity deficit of 1.7m cars between January and August - closing this gap will require an...
  • Biden administration pledges $653m for US port development
    US to invest over $650m in 41 ports under the Maritime Administration's Port Infrastructure Development Program
  • Seacon offloads supramax bulker to Indonesian owner
    Seacon, as the bareboat charterer, will exercise the buyback option and acquire the tonnage from the owner ahead of schedule
  • Yangzijiang declares all-time high newbuilding orderbook
    Newbuilding contracts for 14 tankers valued at $770m were signed in the third quarter
  • Shipowners' Club becomes second IG affiliate to set out 2024 pricing
    Yacht book gets exemption after double-digit hike last time round
  • NYK starts ammonia conversion of LNG-powered tug
    NYK claim the tug will become the world's first ammonia-fuelled vessel
  • Box spot rates hold but competition fears emerge
    Spot rates have held steady and in some cases risen this week. But with long-term rates on the decline and...
  • Maersk cuts workforce by 10,000 as earnings turn negative
    Earnings before interest and taxes for its core ocean business turned negative at $27m in July-September. Chief executive Vincent Clerc...
  • Dry bulk doldrums put Eagle Bulk in the red
    Fall in dry bulk market decreased US-listed Eagle's net revenues more than $100m year on year, although the fourth quarter is...
  • Daily Briefing
    'Risk off' Norden looks to 2025 for better dry cargo markets | Sumec's New Dayang aims to excel as a...

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The Journal of Commerce web site
NOVEMBER 3, 2023
  • Delaware's planned Edgemoor terminal gets grant from US port funding program
    Along with the grant for the Port of Wilmington's proposed container terminal, Tacoma and Long Beach received grants for improving truck and rail access, respectively.
  • Falling backhaul Europe-Asia rates 'subsidizing' eastbound freight moves
    With weak demand for European imports in Asia and ample vessel capacity, spot rate levels on the backhaul trade are in freefall.
  • Convoy acquisition meant to serve import customer truckload demand: Flexport CEO
    Ryan Petersen tells the Journal of Commerce that the first order of business after this week's acquisition of Convoy's tech stack is getting the Convoy app running again and reaching out to the shuttered company's customers.
  • Maersk cuts more jobs, warns of 'dire situation' for container market
    The carrier expects no short-term improvement in the container shipping market as large numbers of new vessels are delivered and capacity management measures appear unable to stem falling rate levels.

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TradeWinds web site
NOVEMBER 3, 2023
  • Capesizes end week with technical bounce after 'falling too fast'
    Lack of tonnage in Atlantic basin contributes to Friday's leap in capesize sector, analyst says
  • Davie acquires Helsinki Shipyard with help from Canadian government
    Canadian firm signs 50-year lease with City of Helsinki
  • Labour deal between St Lawrence Seaway union workers and employers ratified
    Unifor members get annual pay hikes and $2,000 signing bonus
  • Editor's selection: Scramble for tankers amid Mid East strife, Euronav resets and narco's boxship plunge
    A look back at some of the big news and feature stories of the week
  • Minerva Marine embarks on low-key play in container ships
    Andreas Martinos-led tanker and bulker owner takes delivery of its first boxship and buys a third
  • Editor's selection: Scramble for tankers amid Mideast strife, Euronav resets and narco's boxship plunge
    A look back at some of the big news and feature stories of the week
  • Aasen Shipping picks Royal Bodewes for new series of methanol-ready bulk carriers
    Norwegian owner moving towards zero-emissions by preparing for green fuels
  • Eagle Bulk flies lower to absorb first quarterly loss in three years
    Connecticut owner pays $0.10 dividend and guides to stronger time charter equivalent rate in current market
  • Things better improve, or 2024 will be 'dire', warns Maersk's Vincent Clerc
    Maersk boss paints a grim picture after the liner's shipping division slips into the red
  • Russia plans four new icebreakers for Northern Sea Route expansion
    State-run company Rosatom has reportedly ruled out nuclear-powered ships on cost grounds
  • The end of the road? Oaktree stake cut is no game-changer for Star Bulk Carriers
    Petros Pappas looks back positively on his experience with his biggest backer
  • Kollakis clan drawn to newbuildings but keeping fuel options open
    Greece's Chartworld group of companies plans to renew its fleet on all fronts
  • Petros Pappas tells why Star Bulk Carriers is keeping its powder dry on fuelling
    CEO says final decarbonisation decisions will be made when 'intelligent' choices are possible
  • Panos Laskaridis talks about succession planning, Greek-style
    Laskaridis clan offers an example of how to bring order into a complex family holding
  • Oslo Shipholding cargo ship banned for a year after yet another detention
    Paris MOU bars Albanian-controlled vessel following latest inspection in Italy
  • First ammonia-fuelled ships finally land on DNV database
    Order numbers continue to mount up for vessels that can bunker methanol and LNG
  • Scorpio-owned Eneti's profit falls as it cuts debt ahead of Cadeler merger
    Offshore wind vessel owner also sees revenue drop year on year
  • US sanctions Russia's Arctic LNG 2 project as it gets set for start-up
    Novatek's 19.8-million-tonne-per-annum liquefaction project joins the list of sanctioned Arctic assets
  • Gram Car Carriers beefs up contract backlog in profitable quarter
    One new charter and a vessel acquisition has pushed the Oslo company's backlog over $900m
  • HMM sets big bulker target after sealing $950m newbuilding charters running to 2042
    South Korean group diversifying as container ship boom unravels
  • No rush on fleet renewal as Teekay Tankers' Kevin Mackay does rate arithmetic
    US-listed owner's chief executive says focus is on keeping existing ships earning in strong markets
  • Columbia plants flag in Norway amid northern European expansion
    Ship management platform's boss Johann Meyer explains how he plans to succeed in new markets
  • Maersk slashes 10,000 jobs as liner slump hits home
    Drastic measures to save $600m prompted by 'worsening outlook' for container shipping
  • Norwegian Hull Club branches out with offshore wind venture NIORD
    Bergen-based insurer is eyeing growth in the floating offshore wind business
  • Seasure broker Charlie Long completes initial line-up at new London shop M3 Marine
    Mike Meade's new recruit was also an offshore analyst at Seasure's former sister outfit VesselsValue
  • X-Press Feeders pays £20m into court as claims battle looms over X-Press Pearl fire
    Singapore operator has won a UK legal decree limiting liability from serious casualty
  • Comment: A clear wealth divide is growing between P&I clubs
    Wealthier P&I mutuals are starting to reward loyalty with windfalls - but a chasm could form as not all clubs have deep pockets
  • Yangzijiang adds $400m worth of tankers to orderbook in third quarter
    Singapore-listed shipbuilder's orderbook now includes 24 MR tankers as well as LR1s and LR2s
  • Dynacom orders panamax product tanker newbuildings at Yangzijiang Shipbuilding
    Greek shipowner believed to be paying around $106m for a pair of 75,000-dwt tanker newbuildings
  • IMEQ Center claims world's first with AI model to assess seafarer mental health
    Greek outfit says predictive model boosts accuracy of pre-employee screenings but does not replace human psychologists

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American Shipper web site
NOVEMBER 3, 2023
  • Maersk cutting 10,000 jobs in face of 'worsening market conditions'
    "This is not a diet. This is a resetting of the baseline," said Maersk CEO Vincent Clerc on his company's job cuts.
  • DOT pumping more truck capacity into US ports
    Trucks are featured heavily in projects reaping $653 million worth of port infrastructure grants announced Friday by the Biden administration.

››› File
FROM THE HOME PAGE
In August, freight traffic in the port of Ravenna grew by +10.9%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
Federlogistica has established its own representation in the Iberian Peninsula
Genoa
It will support Italian entrepreneurs operating in Spain
Boluda acquires Royal Boskalis' towage and salvage operations in Australia and Papua New Guinea.
Valencia
Transaction valued at $640 million
ESPO urges IMO States to formally adopt the Net-Zero Framework
Brussels
The association also urges the EU Commission to align European standards
The Port of Los Angeles plans to build a new container terminal.
Los Angeles
Invitation to submit expressions of interest
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
Geneva
The most significant growth in PLSCI was recorded by the port of Savona-Vado Ligure (+53.7%)
ONE will not charge surcharges for new US taxes on Chinese ships
Singapore
They will be applied starting from October 14th
Fincantieri and Aeronautical Service sign agreement for the use of composite materials in the naval, civil, and military sectors.
Trieste
Genoa Port Terminal concession renewal approved until 2054
Genoa
The terminal's operating conditions have been redefined, bringing them back to the multipurpose function, in compliance with the ruling of the Council of State and the PRP
PSA Italia-Logtainer and Rail Hub Milano-Medlog have submitted offers to manage the Interporto Padova intermodal terminal.
Padua
Cargo traffic in Chinese seaports increased by 4.5% last month.
Beijing
Containers amounted to 27.7 million TEUs (+6.8%)
The Netherlands is referring to the Court of Justice of the European Union the question of whether to entrust seafarers or dock workers with the lashing operations on smaller container ships.
In the second quarter, container traffic handled by Eurokai terminals grew by +16.4%
Hamburg
Significant growth of 16.1% in Germany. In Italy (Contship), volumes increased by 5.2%.
China enacted regulation in response to US taxes on Chinese-owned and -built vessels
Beijing
The new rules include the possibility of introducing similar countermeasures
New attack on ships transiting the Gulf of Aden
Southampton
UKMTO announced that a fire broke out on a vessel hit by a shell
Le Aziende informanoSponsored Article
ITS Costruttori, il corso di alta formazione per entrare nel mondo di Fincantieri
Carnival closes its best quarter ever
Carnival closes its best quarter ever
Miami
The American cruise group announces a further strengthening of the growth trend in bookings
Marella Cruises sells Fincantieri slots for two new cruise ships to TUI Cruises.
Hannover/Trieste
With a gross tonnage of 160,000 tons, they will be larger than the units originally planned
GNV-Portitalia bridge agreement on lashing operations in the ports of Palermo and Termini Imerese
HMM will not introduce surcharges for new US taxes on Chinese ships
Seoul
The company will not modify scheduled services that stop in the United States
GATX Rail Europe signs sale-leaseback agreement with DB Cargo to purchase 6,000 railcars
Vienna
The transaction will be completed by the end of this year.
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
Bremen
Miscellaneous cargo is growing. Bulk cargo is declining.
India launches nearly $8 billion package to support its shipbuilding and maritime sectors
New Delhi
Shipyard production capacity expected to increase to 4.5 million gross tonnage per year
In the second quarter of this year, freight traffic in French ports fell by -0.4%.
Paris
Dry bulk and rolling bulk trades are declining. Container and liquid bulk trades are growing.
Antin Infrastructure Partners to acquire UK's leading marina operator
Paris/London/New York
It will take over ownership from British private equity firm LDC
Royal Caribbean agrees with Meyer Turku to build Icon ships for a decade
Miami
Order confirmed for a fifth Icon cruise ship and option placed on a seventh unit of the same series
Maersk announces it will not apply surcharges for new US tariffs on Chinese vessels
Copenhagen
The company assures that it will not make any changes to its services
Cochin Shipyard and KSOE enter into strategic collaboration in shipbuilding sector
New Delhi
The creation of approximately two thousand direct jobs is expected
DHL will resume freight shipments from Germany to the United States for corporate customers.
Bonn
They had been suspended due to the removal in the USA of the "de minimis" threshold for goods with a value of less than 800 dollars.
World Business Council for Sustainable Development Statement in Support of the IMO Net-Zero Framework
Ancona: Tax fraud in the shipbuilding sector
Ancona
Over €2.3 million in non-existent tax credits seized
CMA CGM buys British rail freight operator Freightliner
Birmingham
The transaction will be completed in early 2026
Containerized cargo at the port of Algeciras decreased by -9.4% last month
Algeciras
The 20-foot containers handled were 399 thousand (-0.7%)
Italferr participates in Europe's largest railway electrification contract
Rome
Activities within the Rail Baltica project
Freight traffic increased in the ports of Barcelona and Valencia in August
Barcelona/Valencia
In the first eight months of 2025, decreases of -1.6% and -0.3% respectively were recorded
In the June-August quarter, FedEx express courier revenues increased by +3.1%
Memphis
An average of 16.8 million express shipments were handled per day (+3.5%)
Breakthrough in the exploratory tunnel of the Brenner Base Tunnel
Milan/Rome
At 64 kilometers, it will be the longest underground railway connection in the world.
Tender launched for privatization of Croatian shipyard 3. MAJ Rijeka 1905
Zagreb
The starting bid is 6.66 million euros.
To decarbonize, shipping should join forces with other hard-to-abate sectors
London
This is highlighted by a report by Accelleron which believes that a critical mass of demand is necessary to overcome a stalemate phase.
COSCO Reassures Customers on Impact of New U.S. Tariffs on Chinese Vessels
Shanghai
We - the Chinese company assured - will maintain competitive freight rates and surcharges.
Shipping is still far from the target of 5-10% of fuel used coming from scalable, zero-emission sources by 2030
Copenhagen
The need to introduce incentives was underlined
Spain's Boluda acquires Transfesa's intermodal rail freight services.
Valencia
The agreement also includes industrial services, railway maintenance and shunting activities and intermodal terminals.
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Baku
Agreement with the Azerbaijani oil group SOCAR
German and Austrian trailer manufacturers challenge EU regulation to reduce truck environmental impact
Berlin/Brussels
They denounce that its application leads to an increase in traffic volumes and therefore emissions.
The Venice Marghera station has been equipped with a track compliant with European TEN-T standards
Venice
A 740-meter freight track has been opened.
World Shipping Council introduces Cargo Safety Program to prevent ship fires
Washington
It is based on artificial intelligence and traditional goods inspections
Rheinmetall to enter naval shipbuilding sector by acquiring Naval Vessels Lürssen
Bremen
Lürssen Group to focus on megayacht production
The British government is investing half a billion pounds to reduce shipping emissions.
London
Private investments of 700 million expected
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
Cairo
In the first seven months of 2025, a decrease of -10.2% was recorded
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
Port of Livorno: Protests over Gaza must not block operations.
Livorno
The members of the Partnership Body highlighted the need for it to be accessible to all vessels
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
GNV, agreement with Sicilian terminal operator Portitalia is positive.
Genoa
The company specified that the aim was exclusively to temporarily supplement the tariffs.
Two days of work with ESPO in Rome on the Mediterranean and European ports
Rome
Meetings organized by Assoporti
In 2024, 112 million counterfeit items were seized in the European Union.
Brussels
Record estimated value of 3.8 billion euros
Strikes and protests in ports, request for information from the Guarantor
Rome
Request for information from prefects, port authorities, and port authorities
Danaos Corporation has ordered two 7,165 TEU containerships from Dalian Shanhaiguan.
Athens
They will be taken into delivery in the third quarter of 2027
In the second quarter, freight traffic on the Austrian rail network fell by -1.4%.
Vienna
Only domestic traffic is growing
ALS (FBH Group) has acquired 80% of Trans World Shipping and Moda Express of USA.
Rozzano
The two companies have 500 employees and are active in Italy, France, the United Kingdom and the United States.
Circle's revenue increased by 62.1% in the first half of 2025
Milan
Net profit of over 1.0 million euros (+1.8%)
A Ukrainian delegation hosted by the Northern Tyrrhenian Sea Port Authority
Livorno
Cooperation in the field of training and safety at work in ports
The EIB is financing Phase A of Genoa's new breakwater with €300 million.
Luxembourg
The total investment is 937 million euros
This summer, GNV ships carried 1.7 million passengers (+9%)
Valencia
In the next few days the company will take delivery of "GNV Virgo", the first LNG-powered vessel
The project for the expansion, safety improvements, and extraordinary maintenance of the port of Pozzallo has been presented.
Pozzallo
It provides for the construction of the breakwater arm
Fincantieri delivers the new Star Princess cruise ship to Princess Cruises
Monfalcone
It has a gross tonnage of 177,800 tons and a capacity of 4,300 passengers.
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
Filt Cgil calls on port administrators and businesses to join the action against the Palestinian massacre.
Rome
This burden – the union highlighted – cannot be placed solely on the shoulders of dock workers.
The agreement between the Italian Merchant Marine Academy Foundation and the NATO Center in La Spezia has been renewed.
Genoa
The collaboration signed in 2023 has been confirmed
Fischer & Rechsteiner and Gimax International acquire BCUBE's Freight Forwarding business.
Genoa
The completion of the transaction is expected in the next few days
Fermerci outlines a dramatic scenario for the European rail freight transport sector
Rome
Rizzi: There is a real risk of a shift towards exclusively road transport.
Eni completes the sale of a 30% stake in the Baleine project in Ivory Coast to Vitol.
San Donato Milanese
The field was discovered in 2021 and production started in 2023
Sogedim opens a new branch in Modena
Mesero
Initially, the activity will be dedicated exclusively to UK export traffic and will then extend to other European markets.
The new PCTC Grande Svezia has joined the Grimaldi Group's fleet.
Naples
It has a maximum capacity of 9,000 ceu
The Cagliari City Council approves its opinion on the Sardinian Ports Development Plan.
Cagliari
Green light unanimously
The railway sector contributes 1.4% of the European Union's GDP.
Brussels
Study commissioned by CER
In the port of Naples, the Coast Guard has detained the bulk carrier Tanais Dream.
Naples
Serious irregularities found on board
Agreement to accelerate the implementation of robotics in Fincantieri's production processes
Trieste
It was signed with the Friulian Idea Prototipi
Sergio Liardo is the new general commander of the Port Authority Corps - Coast Guard
Rome
He takes over from Admiral Nicola Carlone
DBA to supply new Terminal Operating System for Georgia's Batumi Port
Villorba
The project includes all phases of development, testing and operational testing
Attack on a ship in the Gulf of Aden
Portsmouth
The captain reported hearing an impact in the water and an explosion
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Danilo Ricci has been appointed managing director of Tarros Line.
La Spezia
He has held various positions in Italy and abroad within the group
Permanent discussion table between Confindustria Nautica and Federagenti
Genoa
This is provided for in an agreement signed today in Genoa
In the first half of 2025, cruise traffic in Italian ports grew by +6%
Venice
The twelfth edition of Italian Cruise Day will be held in Catania on October 24th.
SAL Heavy Lift buys two semi-submersible vessels from Pan Ocean
Hamburg
They were built in 2008 and 2012
30% of Sangritana Cargo will be acquired by the Marche-based company Transadriatico
The Eagle
The sale will be completed in the next few days
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
Forum on economic and logistical integration between Ligurian ports, the Northwest manufacturing area, and Switzerland
DEME orders new cable-laying vessel from Singapore-based PaxOcean
Beveren-Kruibeke-Zwijndrecht
It will be built in the Chinese shipyard of Zhoushan
Assoporti will meet at RemTech EXPO 2025 to discuss the green transition in Italian ports.
Ferrara
The Smart Ports Award was awarded to three Port System Authorities
The first shipment of Syrian oil in 14 years arrives at the port of Trieste.
London
Part of the cargo - S&P Global Commodity Insights reports - was unloaded at the Sardinian terminal of Sarroch
In August, freight traffic in the port of Taranto grew by +20.3%
Taranto
The ferry "Drea" was also rejected by the Apulian port, where however it is temporarily stopped
Container traffic at the Port of Los Angeles remained stable in August.
Los Angeles
Volumes expected to decline in the remainder of 2025
Meeting between the port authorities of Jacksonville and Livorno
Livorno
Among the objectives, to start one or more direct services between the two ports
Italian State Railways and ENAC sign an agreement for the use of drones in infrastructure monitoring.
Rome
They will also be used to fly over sections of the railway and road network that would otherwise be difficult to monitor.
A.SPE.DO, the port of La Spezia is essential to ensuring employment, development, and a future for the local economy.
La Spezia
Landolfi: We cannot afford to underestimate its value.
The MIT meets with the heads of the Italian AdSPs
Rome
Meeting on the government's strategic vision for the sector and port reform
Yang Ming orders Hanwha Ocean Co. to build seven 15,880 TEU container ships
Keelung
They will be delivered between 2028 and 2029
Over 40 expressions of interest have been received for the development of the Ukrainian port of Chornomorsk.
Kiev
Today the first meeting of the tender commission
The first commercial ship is expected at the public dock in Largo Trattaroli in Ravenna.
Ravenna
The car carrier "AICC Huanghu" is coming soon
Container traffic at the Port of Long Beach decreased by 1.3% last month.
Long Beach
Empty containers are increasing. Full containers are decreasing.
Assiterminal's Terminal Road Show is starting
Genoa
Cognolato: We want to strengthen our ties with local communities and territories.
Assoporti, the Italian ports' cruise offerings presented at the Seatrade Europe fair.
Hamburg
Giampieri: We are leaders in the Mediterranean area and in Europe
Commander Claudio Tomei, USCLAC president from 2012 to 2024, has passed away.
Viareggio
His strong commitment to improving the working conditions of Italian seafarers
In the first quarter of 2025, cargo traffic in Greek ports grew by +1.4%
Piraeus
Passengers down by -1.1%
HD Hyundai Samho Orders Four New Container Ships
Seoul
Order worth approximately 468 million dollars
Trieste: Fraudulent bankruptcy in the shipbuilding sector
Trieste
Investigation into a company based in Palermo
Container traffic in the port of Hong Kong fell by 7.4% in August.
Hong Kong
In the first eight months of 2025 the decline was -3.8%
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
Container traffic at the port of Singapore continued to decline in August
Singapore
Total volume of goods increased by +1.1%
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
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
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
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