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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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November 9, 2023

free news
Exim India web site
NOVEMBER 9, 2023
  • CONCOR extends seamless electronic filing system to all its EXIM terminals
  • U.S. government's development finance institution to fund Adani Ports' Colombo terminal
  • APM Terminals Pipavav's standalone net profit rises 52 pc in Q2
  • Over 4 decades with 'SIR' Vaishnav Puri
  • Vessel utilisation declining further
  • Global shipping seeing spike in freight costs due to war
  • Introduction of Centralized Video Conference Facility at DGFT Headquarters
  • AD Ports Group acquires 10 offshore vessels
  • MR trans-Atlantic freight rates seen rising
  • FTA with UK not before Dec.: Reports
  • Update on P&I letter for vessels carrying petroleum products in Turkey
  • GDP growth in Q2 seen higher than RBI's estimate
  • Potatoes being exported to Bangladesh

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International Transport Journal web site
NOVEMBER 9, 2023
  • US intermodal offer extended
  • Hactl: an early adopter of the SBTI scheme
  • Germany's rail industry is growing - abroad
  • A new head for logistics and distribution
  • Record highs for ICTSI earnings
  • ATSG: Joe Hete back in action
  • FedEx launches new Vietnam service
  • Appeal against Gateway Basel Nord approved
  • Pay-per-use for electric lorries
  • A step across the Baltic Sea for Hellmann
  • "Curiosity of the Day"
  • Air Charter Service opens up in New Delhi
  • WCA World appoints two new directors
  • DP World's investment in London Gateway
  • Pilot project for e-trucks to start in Florida
  • MLP's second logistics park near Berlin

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The Loadstar web site
NOVEMBER 8, 2023
  • MSC and Maersk unwind transatlantic fleets as rates hit new low
  • East coast dockers' union signals strike before contract talks start
  • Harsh lesson to M�rsk - with love from DHL
  • Financial battering for DHL GF in Q3 - 'but we expected that'
  • Happy 5th Birthday Premium - welcome DeskOne!
  • Larger forwarders losing air freight market share to smaller rivals
  • India designs '40 by 30' initiative to boost flagging garment exports
  • As cargo volumes crash, FedEx pilots urged to fly passengers instead
  • No staff cuts at Yang Ming - 'it would be too harsh to lay off employees now'

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Marine Log web site
NOVEMBER 8, 2023
  • Seaside LNG to start Galveston bunkering operation
    Seaside LNG has reached a term bunkering agreement with Carnival Corporation & plc that will see it fuel the first LNG powered cruise ship to homeport in Galveston, Texas, the Carnival Jubilee.
  • Vale goes for world's largest wind propulsion installation yet
    In the latest example of how leading charterers are pushing shipping decarbonization forward, Brazilian mining giant Vale S.A. is to install five rotor sails from London-headquartered Anemoi Marine Technologies Ltd onboard the
  • Celebrity Cruises takes delivery of Celebrity Ascent
    Celebrity Ascent officially joined Royal Caribbean Group's Celebrity Cruises' fleet today as company officials took delivery of the brand's newest ship at the Chantiers de l'Atlantique shipyard in St. Nazaire, France. The
  • FERRIES 2023: Battery options for ferries panel discussion
    Back in August, it was announced that longtime Incat Tasmania customer Buquebús followed through on its plan to switch a 130-meter ferry under construction at the shipyard from LNG to all-electric propulsion.

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Container News web site
NOVEMBER 8, 2023
  • HMM organises tree plantation drive in India
    South Korean shipping company HMM organised a tree plantation drive in collaboration with Green Yatra, a leading environmental NGO, as a part of Corporate Social Responsibility (CSR) activity. HMM's CSR action took place on 14 October at the State Reserve Police Force (SRPF) Campus in Goregaon, Mumbai, India. In this plantation drive, HMM planted 1,000 plants, more than 40 types of species and us
  • Konecranes supports Jingjin Equipment expansion with 35 new cranes
    Konecranes secured an order in August for 35 CXT overhead cranes from Jingjin Equipment Inc., a Chinese filter press manufacturer. These cranes consist of 5-ton and 10-ton CXT single girder cranes, 30-ton CXT double girder cranes, and a 5-ton CXT semi gantry crane. They will be deployed at Jingjin Equipment's recently established manufacturing plant in Dezhou, China, where they will support the p
  • Shippeo and BuyCo collaborate to provide container visibility and control
    Shippeo, a digital supply chain visibility company, and BuyCo, a container shipping software platform, have established a strategic partnership to provide shippers with total visibility and control throughout the whole container shipping process, from early planning and booking to real-time tracking. Shippeo and BuyCo aim to use this collaboration to help large-volume shippers optimise processes,
  • The Ultimate Guide to Succeed in the Maritime Industry Through Writing an Outstanding Cover Letter
    The cover letter is an excellent way to boost your chances of success in any industry, and it would be unwise to ignore this simple but insanely effective trick. The maritime industry is no exception, but you must polish the essential skill of writing an outstanding cover letter first. We will discuss the primary concept of a cover letter, general guidelines for writing it, and additional tips an
  • Sohar Port and Freezone launches SOHAR Net Zero Alliance
    SOHAR Port and Freezone in collaboration with industrial tenants including OQ, Vale Oman Pelletising Company, Sohar Aluminium Company, Jindal Shadeed Iron & Steel, Al Tamman Indsil Ferrochrome (FZC) LLC, Shinas Generating Company, Sohar International Urea & Chemical Industries, Al Batinah Power and Air Liquide Sohar Industrial Gases officially announced the formation of SOHAR Net Zero Alliance (S
  • ICTSI increases revenues and profits in 2023 9M
    International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the nine months of 2023 posting revenue from port operations of US$1.76 billion, an increase of 7% compared with the same period in 2022. ICTSI reported Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) of US$1.11 billion, 7% higher than the US$1.04 billion generated
  • Ex-Busan export container rates increase
    KOBC Container Composite Index (KCCI) reached 1,284 points on 6 October, growing 7.09% from the previous week and continuing to increase for three weeks in a row. Freight rates for container exports from Busan rose on almost all trade lanes except those to Japan and China. KOBC also unveils indices for per-FEU spot rates on the 13 major trade routes from Busan, including those to North America an
  • Greeks and Chinese dominate global fleet market
    "The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships owned by Greek and Chinese shipping companies contribute 34% of the total fleet's deadweight tonne capacity," says Niels Rasmussen, chief shipping analyst at BIMCO. Although consolidation has been significant within the container shipping segment, the overa
  • Piraeus Container Terminal completes Portchain Connect trial
    Greece's Piraeus Container Terminal (PCT) has concluded a trial phase with Portchain Connect, effectively showing PCT's potential in digitising the berth management process. With digital handshakes and safe data sharing, Piraeus Container Terminal will improve the quality and speed of its berth alignment with clients. PCT may now receive real-time schedule and move count updates directly from car
  • Substantial number of elderly boxships remain in fleet
    French consultancy Alphaliner said today that 20% of the global boxship fleet is aged 20 years and older. It is estimated that 1,200 vessels of the active fleet of 5,890 ships are aged at least 20 years, and this comprises about 2.9 million TEUs. Many of these older ships are relatively small, with only 314 vessels having capacities of 3,000 TEUs and above, while 886 vessels have capacities below
  • Scania, sennder launch new JV to drive e-truck adoption and decarbonise road logistics
    Scania CV AB, a worldwide company in transport solutions, and sennder Technologies GmbH, a European digital road freight forwarder, have established a new joint venture, called JUNA. In particular, the new partnership aims to promote electric solutions in road logistics throughout Europe and has already seen a successful launch in Germany. Its primary objective is to accelerate the widespread ado
  • Maersk announces rotation changes due to industrial actions at DP World terminals in Australia
    Maersk has announced that due to DP World's industrial action and berth availability delays in Melbourne, it will proceed with PANZ service port rotation change. The Danish carrier said the schedule for the 4,616 TEU vessel Cap Jackson will be updated and the boxhsip will now call Sydney, Adelaide, Melbourne then Tauranga, to mitigate the delay to the onward schedule. The following is the propose
  • New freight terminal opens at Dublin Port
    Dublin Port Company (DPC) has announced the opening of T4, a newly redeveloped RoRo freight terminal, costing €127 million (around US$135 million). The terminal, which was self-financed by DPC and delivered on time and on budget, was officially launched by Ireland's Minister of State, Jack Chambers, TD. T4 is the first of three major capital development projects under DPC's Masterplan to boost Du
  • Freeport of Riga adds new berth at Baltic Container Terminal
    Construction works are underway in Kundzinsala at the Baltic Container Terminal (BCT), the largest box terminal of the Port of Riga, with the underwater works for the construction of a new berth section having been completed. At the end of the project, the process of loading and unloading cargo at the terminal will be accelerated, increasing the terminal's operational efficiency and commercial co
  • Hapag-Lloyd applies new congestion surcharge in South Africa
    Hapag-Lloyd announced that a new congestion surcharge will be applied to all dry containers transported to South Africa from 8 December. The new surcharge will be US$200, US$400, and US$400, per 20' dry container, 40' dry box and 40' high cube container, respectively. The post appeared first on Container News .

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Splash web site
NOVEMBER 8, 2023
  • SFL clinches Maersk charter extension and vessel upgrades deal with Hapag-Lloyd
    John Fredriksen's SFL Corporation has bagged a contract extension for one of its boxships and sealed a $65m deal to upgrade further six ships ahead of their upcoming charters. Danish liner Maersk has declared an option to keep the 2015-built 9,500 teu scrubber-fitted Maersk Sarat until mid-2025. SFL said the deal should add about $13m ...
  • ESL Shipping owner brings in new investor
    ESL Shipping, part of Finnish conglomerate Aspo, has attracted a new investor to support its ambition of offering fossil-free dry bulk shipping. The Helsinki-based infrastructure-opportunistic fund OP Finland Infrastructure has agreed to invest €30m against an issue of new shares in ESL with a pre-money equity valuation of €165. This corresponds to a 15.38% ownership ...
  • Vale lines up world's largest ore carrier for rotor sails treatment
    Brazilian mining giant Vale has signed up the world's largest ore carrier for wind-assisted propulsion. The 2012-built 400,000 dwt valemax , owned by Oman's Asyad and on a long-term charter with Vale, will be fitted with five 35-m-tall rotor sails from British supplier Anemoi Marine Technologies. The cylindrical sails will be installed on Anemoi's folding ...
  • Van Oord wins cable laying contract off Taiwan
    Van Oord has been awarded a contract by Danish renewables developer Ørsted for the Greater Changhua 2b and 4 offshore wind farms in Taiwan. The 920 MW project will be located 35-60 km off the coast of Changhua County. The Dutch marine construction firm will be responsible for the transport and installation of three export ...
  • Eneos adds two vessels to Stolt Tankers-NYK chemical tanker pool
    Chemical tanker firm Stolt Tankers and Japanese shipping company Nippon Yusen Kaisha (NYK) have made a deal with Eneos Ocean to operate a new chemical tanker pool. The new pool will be launched within the 11-tanker-strong Stolt NYK Asia Pacific Services (SNAPS). Eneos will contribute two 12,000-dwt tankers which will join the SNAPS pool during ...
  • China Merchants fixes two LNG newbuilds to PetroChina
    China Merchants Energy Shipping (CMES) has struck a deal with compatriot energy giant PetroChina to charter out a pair of liquefied natural gas (LNG) carriers under construction at Dalian Shipbuilding Industry (DSIC). The Shanghai-listed energy transport unit of China Merchants Group has fixed the 175,000 cu m units to the listed arm of state-owned China ...
  • Five out of the 10 largest Chinese shipowners are leasing institutions
    , data from shipowner association BIMCO shows. "The entry of Chinese financial institutions into the leasing market has significantly contributed to the growth of the Chinese owned fleet in recent years," a new report from BIMCO stated today. While COSCO is by some distance the ...
  • Auction set for two wind areas offshore Estonia
    Estonia's Consumer Protection and Technical Regulatory Authority (CPTRA) has announced two auctions for the development of wind farms in the Liivi 1 and Liivi 2 offshore areas. The competing applications submitted to the CPTRA for developing offshore wind farms in the Liivi 1 and Liivi 2 areas were inspected and sent to relevant state authorities ...
  • US commits $553m to develop Sri Lankan terminal
    On the island of Sri Lanka, strategically located along one of the most important global trade arteries, the world's top two economies are vying for influence. After years of China spending hundreds of millions of dollars to develop port infrastructure in the South Asian nation, the US has entered the fray with the US International ...
  • Stainless Tankers expands fleet with double buy
    Stainless Tankers of Norway is bolstering its fleet of chemical carriers in a $27m deal for two secondhand ships. The Oslo-listed outfit backed by UK-based Tufton Investment Management will be adding a pair of unnamed 2005-built J19 stainless steel units, intending to close the deal this month. To fund the deal, Stainless Tankers has upsized ...
  • MSC's vintage fleet holds key to liner shipping's demolition derby
    One in five of the global container fleet is ripe for demolition, with the world's largest liner, Mediterranean Shipping Co (MSC), accounting for nearly 25% of all boxships aged 20 or over, according to new analysis from Alphaliner. As such, MSC's decision when to scrap and in what quantity could affect the fortunes of many ...
  • International Seaways boosts LR1 orderbook with K Shipbuilding option duo
    US tanker owner International Seaways has exercised an option to build two more LR1 vessels at South Korea's K Shipbuilding, taking its orderbook at the yard to four. The order is part of the original deal struck with the shipbuilder, formerly known as STX Offshore & Shipbuilding, in August. The New York-listed firm with a ...
  • Creation of state-run line moves a step closer in Australia
    The government in Canberra is pushing ahead with plans to develop an Australian-owned and crewed strategic fleet. The government released today a report from an independent taskforce looking at developing a national fleet, something that has come in for repeated criticism from lobby groups. The aim is to have a fleet of up to 12 ...
  • Icon Offshore pens AHTS deal with SEA Hibiscus
    Malaysian offshore service provider Icon Offshore has secured a contract from Hibiscus Petroleum subsidiary SEA Hibiscus for the provision of one 60 mt anchor handling tug supply (AHTS) vessel. Icon Offshore said in a Bursa Malaysia filing that the anchor handler will support SEA Hibiscus' 2023/2024 drilling campaign. According to the company, the provision of ...
  • World's first global navigational aid to protect whales launched
    The World Shipping Council (WSC) has launched the world's first global navigational aid to protect whales. The WSC Whale Chart, available for free, is the first global mapping of all mandatory and voluntary governmental measures to reduce harm to whales from ships. It will be regularly updated. Experience shows that separating ships and whales is ...
  • Net is a weasel word
    Andrew Craig-Bennett questions who let the marketing people loose on a question of science and engineering. He has serious issues with the words net and zero. Merchant shipping is a wonderful business to be in. We all know that. It has traditions, it has customs, it has rules, and these are pretty much the same ...
  • Hong Kong Market Report 2023
    Contrary to perception from overseas, the local Hong Kong shipping community argue that their sector is thriving, and, yes, the government could help out a bit more, but actually the sector is moving in the right direction. Splash assesses how the Special Administrative Region can fight back to reclaim its place at shipping's top table ...

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Lloyd's List web site
NOVEMBER 8, 2023
  • Seafarer killed in Russian missile strike on bulk carrier KMAX Ruler in port of Odesa
    At least one person is dead and three crew are injured after a Russian missile hit a Liberian-flagged vessel. Ukrainian...
  • US to put $553m to build deepwater container terminal at Sri Lanka's Colombo port
    The port of Colombo has been at a 90% utilisation since 2021, signalling the need for additional capacity, the US...
  • Marine insurance: What the buyers want
    'You might be able to get it cheaper but you need to know at the end of the day that...
  • Safe Bulkers posts reduced profit for third quarter
    US-listed owner sees impact of global uncertainties and weaker charter rates
  • Blacklisted Russian grain operator to establish dry cargo fleet
    Russia needs a bigger fleet to sustain its plundering of Ukrainian grain
  • EuroDry finds solace in 'likely' constricted dry bulk fleet growth
    Recent acquisition of three ultramaxes took advantage of softening in vessel prices during the summer, says chief executive Aristides Pittas
  • Concerns raised shipping is ill prepared for EU ETS
    The EU's Emission Trading System will be extended to include shipping from January 1, 2024
  • Digitalisation and automation will help port sustainability
    Hamburg's Jens Meier has taken the helm at the International Association of Ports and Harbours. He sees harmonising standards as...
  • DHL trims top range of earnings outlook
    High interest rates and macro-economic uncertainty have slowed the pace of recovery. DHL expects another one to two quarters before...
  • Crowley named lead defendant in sexual assault lawsuit
    A sexual assault lawsuit has been filed against Crowley, SIU and SHLSS by a female cadet who alleges she was...
  • Former ICBC Leasing shipping chief sets sail for rival Minsheng
    His departure came amid a major personnel overhaul of the lessor's shipping division
  • Chinese digital freight platform YQN seeks growth from supply chain reconfiguration
    Supply chain reforms are creating new logistics needs and growth opportunities for YQN's business, chief executive Zhou Shihao says. But...
  • Maersk appoints Silvia Ding as new managing director for greater China
    With more than two decades at Maersk, Ding has extensive experience in the Chinese and Southeast Asian markets
  • Carriers cling to ageing tonnage despite overcapacity concerns
    The containership age profile has crept up in recent years. But even removing all boxships more than 20 years old...
  • Tanker asset values head upwards as markets remain resilient
    Rising Middle East tensions, Opec+ production policy and Russia-trade sanctions enforcement are all having an impact on tanker asset values...
  • CMES and PetroChina ink 25-year charter deal for newbuilding LNG carrier duo
    Chinese owner says long-term hires for most of its LNG carriers will help stabilise income and reduce cyclical risks
  • Daily Briefing
    Industry disquiet grows over Panama's plans to deal with canal crisis | China dominates surge for dual-fuel tonnage | Containership...

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The Journal of Commerce web site
NOVEMBER 8, 2023
  • Weak US imports via Western Canada reveal BC port challenge
    The cracks in the gateway's attractiveness to importers and exporters out of the US Midwest were showing before this July's work stoppage and the decline in import demand across North America.
  • US truckload shippers urged to launch bids now to get best 2024 rates
    An uptick in the West Coast share of Asian imports has already translated into heightened demand for surface transportation.
  • ILA, USMX remain at odds over dockworker wage increases: Daggett
    The ILA president says further progress on a new master contract, as well as port-specific local deals, can't happen until the two sides agree on coastwide pay hikes.
  • Zim reinstates China-US fast ship service to target e-commerce demand
    US e-commerce imports are filling much of the available air cargo capacity out of China, spurring the ocean carrier to bring back an expedited service it was forced to mothball eight months ago.
  • Breakbulk sector poised for boost amid rising commodity prices
    Commodity prices continue to rise, leading to further investments in mining, agriculture and oil and gas projects, all of which is good news for breakbulk and project shippers and their service providers.

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TradeWinds web site
NOVEMBER 8, 2023
  • Black ink on ice: Pangaea Logistics just keeps turning profits in weak market
    Rates plunged by one-third from a year ago, but Rhode Island operator battered the Baltic
  • Genco Shipping executes $500m refinancing and reports loss but keeps dividend aloft
    New York bulker owner also expands fleet with purchase of 2016-built capesize
  • Dry bulk market should be slightly better next year, shipowners say
    'China is a question mark for us now,' says EuroDry chief executive Aristides Pittas
  • By reservation only: Panama Canal slot breaks new record as unbooked ships turned away
    Local agency stops tracking canal queues as reservation required
  • Pilot dies, crew injured and vessel damaged in Odesa missile attack
    Incident highlights risks inherent in Ukraine's new grain corridor
  • Middle East shipowners back in for secondhand tankers as fears grow over Israel war escalation
    Analyst Eva Tzima says buyers want to ensure they can get exports out more easily if conflict spreads
  • LPG carriers perform U-turns amid Panama Canal delays
    The Panama Canal Authority has reduced available slots twice in November
  • 2020 Bulkers: We'll stick to floating rates and wait out the market upturn
    Bauxite has become a bright spot in the capesize and newcastlemax segment
  • New Fortress Energy introduces first gas into its FLNG unit off Mexico
    Green hydrogen production arm Zero Parks doubles capacity at first facility as it eyes exports
  • Flex LNG talks up 2027 opportunities for its next open LNG carriers
    Shipowner offers insight into book values and debt repayments on its vessels
  • Russian LNG still flooding into Europe despite calls for a halt
    Finland renews call for region to ban imports as Russia vows to hike production
  • 'All the stars are aligning' in Stainless Tankers' two-ship buy
    Chief executive Alex Karakassis describes move as checking all the boxes in a 'one-off event'
  • Vale to retrofit world's biggest ore carrier with rotor sails
    Mining giant to use Anemoi kit on Asyad-owned dry bulk behemoth Sohar Max
  • ESL Shipping unveils new investor pumping in cash to expand green bulker fleet
    Finnish owner strikes deal with OP Finland Infrastructure in the shape of new shares
  • EuroDry stays in the red but loss narrows in third quarter
    The Greek owner of midsize bulkers says it will continue to look for acquisition opportunities and to buy back shares
  • SFL locks in neo-panamax charters and upgrades with Maersk and Hapag-Lloyd
    Company extends charter of 9,500-teu Maersk Sarat (built 2013) until mid-2025
  • Low-profile R Shipping named as buyer of Scorpio product carrier as tanker sales roll on
    Scorpio's oldest vessel was recently bought back from a Chinese leasing company
  • Scale of Russian tanker operation exceeds US expectations
    US Energy agency upgrades expected Russian production in 2024 after build-up of fleet outside of G7 sanctions regime
  • Hill Dickinson boss Peter Jackson to step down after 40 years with UK law firm
    Craig Scott taking over CEO role as long-serving lawyer retires
  • Ukraine grain corridor beats the odds to prove an unexpected success
    Kyiv close to shepherding 100 ships through the beleaguered ports of Odesa, Yuzhnyy/Pivdennyi and Chornomorsk
  • Excelerate Energy inks first LNG sales deal with Bangladesh's Petrobangla
    Floating regasification specialist advances its integrated business plan
  • Middle East owners back in for secondhand tankers as fears grow over Israel war escalation
    Analyst Eva Tzima says buyers want to ensure they can get exports out more easily if conflict spreads
  • MSC is largest owner of vintage container ship tonnage
    Swiss-based carrier has four times as many older vessels as the next liner operator
  • LPG tankers perform U-turns amid Panama Canal delays
    The Panama Canal Authority has reduced available slots twice in November
  • How learning to drive inspired a lifetime of shipping research for Onassis Prize winner
    Professor Siri Pettersen Strandenes is honoured for a lifetime of work charting the economic forces that have changed shipping
  • Low-profile Swiss trader Global One Energy orders product tanker quartet
    Company's main products are LPG, fuel oil and high sulphur gas oil
  • Concordia's Erik Lewenhaupt 'disappointed' by autumn season MR rates
    But tanker owner's boss says earnings remain decent compared to last five years
  • Stolt Tankers and NYK team up with Eneos to expand chemical tanker pool
    Long-standing partners welcome Japanese owner on board to beef up Asia-Pacific services
  • Japan plays a 'team game' to reach zero-emission goal
    TradeWinds Shipowners Forum hears maritime cluster is collaborating on decarbonisation
  • 'Disciplined' 2020 Bulkers keeps winning streak going as rates rise again
    Tor Olav Troim-backed newcastlemax player has posted a profit every quarter since its 2019 debut
  • Takeover target Atlantska Plovidba offloads kamsarmax newbuilding for $37m
    Croatian owner also reveals new financing by Hudson Structured Capital Management
  • Safe Bulkers banks on newbuildings and green upgrades to bolster earnings
    US-listed company sticks to strategy and dividend as Q3 net income hits three-year low
  • Flex LNG expects a tightening market from 2026 but sees volatility in interim
    Company sees 'fairly balanced' LNG freight and product market ahead of the peak winter season
  • Tufton-backed Stainless Tankers buys two more chemical carriers as profit rises
    Investment vehicle splashes $27m on 2005-built duo
  • Viability of Iran's ageing commercial fleet worries IRISL boss
    Khiabani believes 70% of fleet won't be able to trade internationally within next 10 years
  • IRISL boss concerned over future viability of Iran's ageing commercial fleet
    Khiabani believes 70% of countries fleet won't be able to trade internationally within next ten years
  • Pilbara has potential to be major green bunkering hub, study finds
    With over 6,800 vessel visits last year, region said to be the 'natural beachhead' to decarbonise bulker fleet
  • Next three years are 'critical' in the race to decarbonise, says MOL's Hashimoto
    Chief executive tells TradeWinds Tokyo Shipowners Forum now is the time to invest
  • Capesize bulkers bounce back over $20,000 per day but El Nino presents 'wildcard'
    Spot rates are higher than forecasted as supply is tighter than expected, analyst says

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