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Independent journal on economy and transport policy
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November 10, 2023

free news
Exim India web site
NOVEMBER 10, 2023
  • C P World collaborates with SeaRates of DP World
  • Allcargo Supply Chain unveils its state-of-the-art Grade A chemical warehouse at Uran, Navi Mumbai
  • Chennai Port handles record steel cargo in a day
  • Maiden domestic sailing of international cruise liner in India seen heralding a new era
  • APSEZ registers impressive all-round performance in H1
  • ZIM relaunches its ZIM eCommerce Xpress service
  • MOL in deal to boost electric vessels
  • India's medium-term growth estimate up: Fitch
  • SEZs need concession to sell goods on payment of duty foregone

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International Transport Journal web site
NOVEMBER 10, 2023
  • Terminal subsidiaries
  • Barcelona-France: skipping the track-gauge trap
  • Canada: new rules for transport registration
  • Greek and Chinese shipping companies on the rise
  • Sovereign Speed gears up
  • Europa boosts its warehouse operations
  • Global market recovery continues in September
  • Tackling e-commerce on Black Friday
  • A centralised examination station for Boston Port
  • MightyFly wins USAF contract
  • Californian haulier changes hands
  • A special advisor for Seaber
  • Nearshoring trend: data reveals truth
  • Australia Post takes off with new A330 freighter
  • Spot rates continue to fall
  • Free access to Shipnext platform for ICS students
  • Project 44 hires chief product officer
  • "Curiosity of the Day"
  • AI and the personal nature of freight forwarding

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The Loadstar web site
NOVEMBER 9, 2023
  • HMM workers protest against 'hasty sale' to 'mid-sized concerns'
  • Hapag-Lloyd still making money, but faces challenges unless rates improve
  • Bonding with Expeditors
  • Project to transfer containers from road to river is 'not green enough'
  • GXO - boring is beautiful
  • European haulage spot rates take another dive, but contract prices hold
  • A wind of change as reliance on China eases, with G2G the next challenge
  • Why shippers pick air or ocean - and it's not always on price
  • US lawmakers demand immediate cargo data for first responders to derailments
  • Logistics needs 'fulfilment accelerators' to help merchants scale up
  • Grégory Goba-Blé appointed MD for UPS in India
  • Janice Kowell to lead marine, cargo and logistics in N America for Marsh

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Marine Log web site
NOVEMBER 9, 2023
  • L-ion battery explosion in hand-held radio causes $3 million tanker fire
    The thermal runaway of a cell within a handheld radio's lithium-ion battery led to a fire on the 106,000 dwt Liberian-flagged oil tanker S-Trust last year that resulted in $3 million in
  • Port pilot killed in Russian attack on merchant ship
    According to multiple reports, a Russian missile attack on a civilian vessel entering the port of Pivdennyi in Odesa yesterday saw the Ukrainian port pilot killed and injured crewmembers. Ukrainian national news
  • California legislator has a fix for the flaws in problematic CARB harbor craft regulations
    California state assemblymember Dr. Jasmeet Bains (D-Delano) is moving to rectify problems in California Air Resources Board (CARB) harbor craft regulations slammed as "unworkable" and "deeply flawed" by the American Waterways Operators
  • Gladding-Hearn delivers new pilot boat to Bermuda
    The Bermuda Government's Department of Marine and Port Services has taken delivery of a new Chesapeake class pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation. Delivery of the new pilot boat follows delivery

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Container News web site
NOVEMBER 9, 2023
  • New order for Wärtsilä's Cargo Handling Systems for LPG carrier vessels
    Wärtsilä will provide Cargo Handling Systems for five new huge LPG carrier vessels being built at the Hyundai Heavy Industries (HHI) yard in South Korea. The order with Wärtsilä was placed in the third quarter of 2023. Solvang, a Norwegian ship owner, contracted for the ships in a joint venture with Gunvor Group Ltd in Geneva. The VLGCs are Panamax-sized vessels that represent the next generation
  • Jettainer and PACTL West ink a collaboration agreement
    Jettainer, an outsourced Unit Load Device (ULD) management firm, has entered into a strategic collaboration agreement with PACTL West, the ground handler for Shanghai Pudong International Airport Public Cargo Terminal Co. Ltd West. This announcement was made by the two firms during the Southeast Asia Transport Logistics conference. Jettainer will establish a new hub for its lease&fly ULD leasing
  • Varamar and COSCO Shipping form commercial partnership
    Varamar DMCC and ASL Shipping & Logistics, a COSCO Shipping group firm, established a strategic commercial cooperation to enable both companies to develop their respective trades. Varamar, a liner and tramp carrier specializing in breakbulk, dry-bulk, oversized, and containerized cargo, has historically concentrated on trade lanes linking Europe with the Middle East, Asia, and the Far East, as we
  • BNSF Railway implements Tideworks' Intermodal TOS
    Tideworks Technology®, a full-service provider of comprehensive terminal operating system (TOS) solutions, announced that BNSF Railway (BNSF), one of US largest freight railroad and one of North America's Class I railroads, has gone live with Tideworks Intermodal Pro® intermodal TOS and Traffic ControlTM equipment dispatch system at BNSF's Memphis facility. Intermodal Pro and Traffic Control will
  • 2M dissolution shifts to Atlantic
    Dismantling the 2M alliance has focused on the transatlantic trade with Maersk and MSC dissolving the shared operations in two major loops, with a third jointly operated service already served by one carrier. Three major loops on the Atlantic, the TA/NEUATL 1,2 and 3 services, were jointly operated by the 2M alliance, however, the TA/NEUATL1 was operated by US-flagged vessels that were only deplo
  • APM Terminals new shipping line dashboard helps port stay reduction
    APM Terminals has already met its 2023 target of a 20% decrease in port stays compared to a baseline in 2021. The global port operator has already discovered hundreds of process changes to save time in port. "The biggest gains will come from companies who improve cooperation between shipping lines and terminals," stated Laura Bercan, responsible for Visibility Products at APM Terminals. "APM Term
  • Namsung offers reefer tracking with IoT solution
    South Korean feeder operator Namsung Shipping this week launched an Internet of Things (IoT)-based service to monitor and track refrigerated containers. The basic service enables shippers to check the movement of reefers and is targeted at customers with refrigerated cargoes passing through China and Indonesia, due to the vast hinterland in the former and the many islands in the latter. The premi
  • British and Taiwan port bodies sign offshore wind cooperation deal
    Associated British Ports (ABP) and Taiwan International Ports Corporation (TIPC) have formally agreed to collaborate signing a Memorandum of Understanding (MOU) at the Kaohsiung Port Cruise Terminal. The agreement is expected to facilitate the exchange of information and experiences between the two organisations regarding port facilities related to floating offshore wind (FLOW). Additionally, it
  • Wilson Sons terminals in Brazil handle increased box volumes
    Wilson Sons, a port and marine logistics provider in Brazil, reported a significant increase in container terminal volumes in October. Brazil's Rio Grande Container Terminal (RS) and Salvador Container Terminal (BA), which can handle some of the world's largest ships in the world, recorded a 26.5% increase in aggregated volumes last month compared to October 2022. According to Wilson Sons, a tota
  • Hapag-Lloyd sees lower revenues and earnings in 2023 9M
    Hapag-Lloyd ended the first nine months of the year with Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of US$4.5 billion and Earnings Before Interest and Taxes (EBIT) of US$3 billion, while the company's profit reached US$3.4 billion. Because of a major shift in market conditions, these results are much lower than the prior-year level, noted the German ocean carrier, who
  • Hapag-Lloyd applies PSS in Senegal, Tanzania and DR Congo
    Hapag-Lloyd has announced a new Peak Season Surcharge (PSS) from all origins into the ports of Dakar in Senegal, Dar es Salaam in Tanzania and Matadi in Democratic Republic of Congo. The surcharge will be in effect for all cargo arriving at the three ports from 22 November, excluding containers coming from North and Latin America, for which the surcharge will be applicable from 8 December. The PS
  • Seaber announces new special advisor
    Finnish maritime technology company Seaber welcomes a new special advisor, Willem Dijkhuis, who has served as chartering & freight trading lead at Cargill, an agribusiness company based in the United States and one of the country's biggest private companies. He is an experienced shipping professional who enjoys working in dynamic markets with constantly changing variables and is driven by the opp
  • US to invest over half a billion US dollars in new box terminal in Sri Lanka
    The US government has decided to invest US$553 million in building a new deep-water container terminal in Sri Lanka's Port of Colombo. The US International Development Finance Corporation (DFC), America's development finance institution, will provide the financial support for the development of the West Container Terminal. DFC CEO, Scott Nathan said the new terminal will expand the container capa

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Splash web site
NOVEMBER 9, 2023
  • Seacon buys chemical tankers in leaseback deal with Union Maritime
    Busy Chinese shipowner and operator Seacon Shipping has picked up a pair of chemical and product tankers for $28m. The Hong Kong-listed firm is paying $14m each for the 2012 Taizhou Sanfu-built Kenrick and Enford, both linked to UK bulker and tanker player Union Maritime. Both ships should deliver in December this year. As part ...
  • Argeo inks deal for subsea work on Shell's Bonga field
    Norwegian surveyor Argeo has signed a contract for work on the Bonga field subsea assets with Shell Nigerian Exploration and Product Company and local content partner GOSL. The first work program comprises deep-water inspection services on the Bonga field and its subsea assets - pipelines, infrastructure, and flowline systems - as well as nearby geophysical ...
  • Monjasa makes its largest ship investment to date
    Danish bunker supplier and tanker owner Monjasa has further strengthened its operations across West Africa with the addition of two secondhand tankers, one of which has become the the company's single largest ship investment to date. The Federicia-headquartered company has recently taken delivery of the 2008-built 68,589 dwt Monjasa Leader, ex-Cabo San Antonio and the ...
  • MMA Offshore expands fleet with MPSV buy
    Australian OSV operator MMA Offshore has bought the 2016-built, 54-meter multipurpose support vessel (MPSV) fitted with two deck cranes, dual moon pools, and accommodation for 42 people. The vessel was acquired from Guardian Offshore with the A$14m ($9m) purchase price to be funded from MMA's existing cash reserves. The vessel is suitable for operations globally ...
  • Shell sues Greenpeace after FPSO boarding
    Shell is suing Greenpeace for $2.1m in damages in one of the biggest ever legal claims against the environmental group after its protesters occupied a floating production storage and offloading (FPSO) unit for 13 days earlier this year. The lawsuit follows an incident in January when Greenpeace activists boarded the Shell-contracted heavy-load vessel White Marlin ...
  • UK and Taiwan port operators to cooperate on floating offshore wind
    Associated British Ports (ABP) has signed a memorandum of understanding (MoU) of cooperation on floating offshore wind-related port facilities and the exploration of future business collaboration opportunities with Taiwan International Ports Corporation (TIPC). ABP is the UK's leading and largest port operator with a network of 21 ports around the UK, handling a quarter of ...
  • Reach Subsea secures vessel capacity with Agalas newbuild charter
    Norwegian offshore services player Reach Subsea has signed a long-term charter with fellow shipowner Agalas for a newbuild IMR/survey vessel with delivery in early 2026. The charter is for three or five years with additional options at attractive terms, the Haugesund-based Reach said. The new vessel will be built at the Sefine Shipyard in Turkey ...
  • Putin hands control of FESCO to Rosatom
    Far Eastern Shipping Company (FESCO), Russia's top container name, has a new owner. Yesterday president Vladimir Putin decided to transfer the 92.4% of state-owned shares in FESCO to state-run Rosatom, Russia's largest nuclear power company. The state took over the running of FESCO after its boss, Ziyavudin Magomedov, was arrested and sent to jail for ...
  • Aker Solutions given go-ahead for Norfolk offshore wind platform work
    Norway's Aker Solutions has been awarded a limited notice to proceed contract from Vattenfall for the Norfolk Vanguard West offshore wind farm off the coast of Norfolk, UK. The scope of work for Aker Solutions includes the engineering, procurement, construction, and installation of the high voltage direct current (HVDC) offshore platform. The fabrication of the ...
  • Astatine Investment Partners buys Canada's McKeil Marine
    Connecticut-based private equity firm Astatine Investment Partners (AIP) has bought Ontario-based shipping company McKeil Marine from Canada's TorQuest Partners. "McKeil provides meaningful downside protection through its long-term inflation-linked contracts. There is also a tremendous opportunity to evolve its service offerings and strategically expand its diverse fleet. We look forward to worki
  • PGS scores 4D survey contract in West Africa
    Norwegian seismic player PGS has won another 4D survey contract offshore West Africa. The Oslo-listed company, set to merge with seismic data specialist TGS, said the mobilisation is set for the fourth quarter and that the contract would last for about 60 days. No further details have been disclosed. "We experience continued high activity in ...
  • Any higher? $4m paid in slot auction to transit perilously low Panama Canal
    The average cost of transiting the Panama Canal in the seven years since it was expanded has been $900,000. With daily slots being halved thanks to drought, shippers are willing to fork out four or five times as much to get their prized cargoes to Asia. Japan's Eneos Group paid a $3.975m yesterday in an ...
  • Torm snaps up eight LR2 tankers in $399m deal
    Danish tanker owner Torm is beefing up its fleet with the addition of eight secondhand LR2 vessels in a $399m cash and shares deal. The New York and Copenhagen Nasdaq-listed firm did not reveal the names of the ships or the seller but said that all units had been built by Hyundai Samho in South ...
  • NYK, CODELCO developing zero CO2 ammonia-powered handymax bulker
    NYK Bulk & Project Carriers (NBP), Oshima Shipbuilding, and Sumitomo have signed a memorandum of understanding to study, design, and construct the world's first ammonia dual fuel handymax bulk carrier that is claimed will reduce CO2 emissions to zero. This MoU comes a year after Chilean state-owned copper producer Corporación Nacional del Cobre de Chile ...
  • Maritime technology firms Navtor and Voyager Worldwide merge
    Norwegian e-navigation specialist Navtor and maritime technology solutions firm Voyager Worldwide have agreed to merge with the transaction expected to close by December 2023. The combined business will deliver products and solutions to approximately 18,000 vessels globally and have an extensive network of global offices and representatives in all of shipping's key markets. Both businesses will ...
  • One dead, four injured following Russian strike on bulk carrier
    A pilot died and three Filipino crew and a dockworker were injured following a Russian missile strike on a bulk carrier entering the Ukrainian port of Yuzhny yesterday. According to security consultants Ambrey, a Soviet-style Kh-31P air-to-surface missile hit the 91,800 dwt Kmax Ruler, a Liberian-flagged bulk carrier that was due to take a cargo ...
  • Hill Dickinson announces new CEO to replace Peter Jackson
    Long-serving Hill Dickinson CEO, Peter Jackson, will step down at the end of next April and be succeeded by business services group head, Craig Scott A marine and transport specialist, Jackson has been with the firm since 1983, where he was made managing partner in 2005 and became CEO in 2016. Jackson will be staying ...
  • Virtue signalling as a pathway to shipping glory
    Santosh Patil warns on the growing number of social media influencers in shipping who make public displays of support with empty rhetoric without actively contributing to meaningful change or addressing underlying issues. The past decade or so has seen major shifts in global shipping as we know it. Since the adoption of Paris Agreement in ...

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Lloyd's List web site
NOVEMBER 9, 2023
  • Scorpio beats expectations and boosts dividends
    Emanuele Lauro-led Scorpio handily beats analysts' forecasts in third quarter earnings and points to more strength in the fourth
  • GSL 'insulated' from box sector's challenging outlook
    'Macro headwinds, geopolitical uncertainty, and the size of the orderbook remain areas of concern for the overall industry, but the...
  • Monjasa buys panamax as floating bunker storage
    Monjasa said its fleet now consists of 13 tankers following the purchase of four secondhand vessels this year
  • Moscow tightens grip on Russian shipping as Fesco is transferred to Rosatom
    Moscow has been hoovering up assets and partners to accelerate northern sea route plans and bolster east coast trade for...
  • D'Amico reports another strong quarter ahead of US listing upgrade
    Milan-listed d'Amico reports another strong quarter ahead of upgrading its listing in the US to the UTCQX market. A return...
  • Ukraine's Black Sea exports surpass 3m tonnes as industry condemns Russian attack
    The first major incident since the corridor's opening in August could spook shipowners, and highlights the challenges Ukraine faces in...
  • UK and Britannia announce hefty premium increases for 2024
    Britannia members to get cashback as sweetener
  • Hapag-Lloyd tightens cost focus as low rates hit earnings
    Rates are now unsustainable on several trades. Hapag-Lloyd will remove services among other efforts to drive down costs to help...
  • Seacon buys two tankers to meet expected surging chemical demand
    The vessels will be chartered back to a subsidiary of the seller for two years, with the option to extend...
  • Strong premium growth for all major marine insurance classes, IUMI confirms
    'This is largely off the back of a post-pandemic rebound in global trade, but can also be attributed to more...
  • Torm avoids newbuildings as it boosts fleet with 12 secondhand ships
    Chief executive of Danish tanker operator says, 'I prefer assets to be on the water' and has no plans to...
  • US imports peak post summer
    National Retail Federation says retailers are stocked and ready for the holiday period, and expects lower import volumes through the...
  • Daily Briefing
    Concerns raised shipping is ill prepared for EU ETS | Blacklisted Russian grain operator to establish dry cargo fleet | Chinese...

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The Journal of Commerce web site
NOVEMBER 9, 2023
  • Bid from car hauler to revive defunct Yellow has shippers skeptical
    Jack Cooper Transport wants to outbid other truckers for the assets of the bankrupt less-than-truckload provider, but it's not clear how the bid would work.
  • CBP increases scrutiny of skyrocketing low-value international shipments
    An explosion in the use of the so-called de minimis provision, which enables US consignees to bring in a package under $800 in value each day, has US customs regulators worried about the intrusion of illicit goods, such as fentanyl.
  • ILA looking for local ports to bring in more union foremen
    Alongside broader talks on wages for its members, the International Longshoremen's Association said individual ports need to use more union supervisors and foremen, particularly throughout the South.
  • Ports America, CN launch Gulfport intermodal service targeting perishables
    The new north-south service will begin next week with trial runs transporting perishable goods out of Latin America to Chicago.
  • Crashing trans-Atlantic spot rates delay long-term contract signing
    Carriers and shippers, however, believe there is little room left to fall for spot rates that are already below pre-pandemic levels.
  • Hapag-Lloyd prioritizes costs as rates, earnings plummet
    The carrier has followed its peers with a sharp decline in earnings, and although still highly profitable, its CEO warned that rates on the east-west trade lanes are at unsustainable levels.

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TradeWinds web site
NOVEMBER 9, 2023
  • Container ship market may be challenging next year as supply piles up, shipowners say
    Orderbook has grown to 27% of global fleet, Euroseas chief executive Aristides Pittas says
  • Euroseas profit rises as it adds eco newbuilding to fleet
    New York-listed container ship owner issues dividend of $0.50 per share for third quarter
  • Global Ship Lease beats analyst estimates despite higher costs pulling down profit
    Operating expenses rise by $5m as fleet grows by four vessels
  • Scorpio plays cash-back card: How Robert Bugbee says tanker owner could share the wealth
    This week's dividend increase could be just an appetizer if debt reduction keeps apace
  • Viasat and Inmarsat tie-up sees profits fall due to satellite failures
    Some 800 jobs are to go due to integration and rationalisation
  • Excelerate Energy weighing up order for second FSRU newbuilding
    US-listed outfit plans to invest in new FSRUs and terminal infrastructure
  • Hunter says long-term deals must be agreed before it will order new CO2 carriers
    Norwegian group reports interest in its new designs, but barriers remain
  • Scorpio Tankers beats analyst estimates, ratchets up dividend
    Product tanker giant also bought back $91m in shares, restocks $250m kitty
  • Streetwise: International Seaways' move on Diamond S Shipping still paying rich dividends
    This week's Streetwise examines how an M&A move has been the gift that keeps on giving for the New York owner
  • Wavelength: Could liner shipping offer Britain that sought-after Brexit dividend?
    The liner shipping lobby is urging Britain to allow it to slip the European Union's competition rules as a show of sovereignty
  • d'Amico pays $20m dividend, professing 'strong confidence' in product tankers
    Backed up by robust profitability, listed Italian player seeks to boost the visibility of its shares
  • Hapag's Rolf Habben Jansen: 'Freight rates are a problem'
    Hapag-Lloyd boss warns shippers they hold unrealistic contract expectations
  • Monjasa snaps up its biggest tanker as part of deal to boost West African operations
    Panamax/LR1 bought alongside smaller vessel for fuel storage and bunkering
  • 'Miracle' return for seafarers after navigating nine-month ordeal with grounded tanker
    Chief officer says sanctioned crew manager abandoned them after bitumen tanker ran aground and sank
  • US fund Astatine snaps up Canadian tanker and bulker owner McKeil Marine
    Buyer will take control of mixed 39-ship fleet
  • Video captures moment deadly Russian missile hits vessel in Ukraine's Odesa port
    Footage has transpired from the 8 November attack near Odesa, which Ukraine says will not disrupt its seaborne trade
  • Video captures dramatic moment missile hits vessel in Ukraine's Odesa port
    Footage has transpired from the 8 November attack near Odesa, which Ukraine says will not disrupt its seaborne trade
  • Shipowner Stanislav Raspopov reveals new tanker venture in Athens and Dubai
    Former Navig8 executive has quickly built an MR fleet of six ships
  • Kristian Gerhard Jebsen tipped to build Torm stake as it signals new focus on bulkers
    Tanker sale to Danish company was an important shift in strategy, Norwegian owner says
  • Low-profile Stanislav Raspopov company behind purchase of Scorpio product carrier
    Scorpio's oldest vessel was recently bought back from a Chinese leasing company
  • Azane, Navigator make the case for ammonia as investment pushes bunkering barge work forward
    Executives see little standing in the way of ammonia-as-a-fuel
  • The view from Japan on shipping's road to net zero
    The Green Seas newsletter hitches a virtual ride to Tokyo for a discussion on decarbonisation
  • Long-running Boa Offshore dispute finally coming to a close
    Agreement comes after eight years fighting the parent company of a compatriot shipyard
  • Belships results softer but it remains committed to shareholder dividends
    Supramax and ultramax owner says its average freight earnings have been supported by profitable time charter deals
  • Higher rates on FSRU charters boost earnings for Excelerate Energy
    Floating regasification specialist raises full year earnings guidance
  • Torm offloads six ships as Alterna Capital tanker buys confirmed
    Danish owner has been very active in sale-and-purchase markets this year
  • Hapag-Lloyd's profits nosedive $5bn amid fears of 'challenging quarters'
    Rolf Habben Jansen fears company faces a rough ride if spot rates do not recover
  • Belships results softer but remains committed to shareholder dividends
    Supramax and ultramax owner said its average freight earnings have been supported by profitable time-charter deals
  • Great Eastern's Shivakumar admits MR tanker buy did not 'scream value', but was necessary
    Buying at high point of asset-value cycle will maintain Indian owner's position in international markets
  • 'Strong demand': Torm swoops for fleet of eight LR2 tankers at a cost of $399m
    Danish owner expanding the fleet once again in cash and share deals
  • Panagiotidis bemoans soft bulker market as Castor Maritime falls to a loss
    Cyprus-based owner remains committed to modernising fleet after recent sales
  • OET profit slows down in the third quarter from record highs
    Alafouzos family company had its entire VLCC fleet trading spot in the three months to the end of September
  • Precious raises fresh S&P cash, but is in no hurry to spend it
    Shipowner says loan's two-year availability period for drawdown allows it to wait for the right opportunity
  • In pictures: Ukraine's maritime champ honoured by Mission to Seafarers at star-studded awards
    'Exciting growth' in outreach worldwide but index reveals a decline in seafarer happiness
  • Precious raises fresh S&P cash, but says it is in no hurry to spend it
    Shipowner says loan's two-year availability period for drawdown allows it to wait for the right opportunity

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American Shipper web site
NOVEMBER 9, 2023
  • Panama Canal crisis forces US farm exports to detour through Suez
    U.S. agribulk exports to Asia are taking the longer route via the Suez Canal due to Panama transit restrictions.
  • Shipping line Hapag-Lloyd suffers 'big miss' as Q3 profits slump
    Cargo volumes are holding up, but rising transport capacity is outpacing demand, pushing container shipping rates even lower.
  • Cargo airlines throttle back on aircraft leases, ATSG says
    Air Transport Services Group is slowing investment in converted freighters as a weak shipping market leads cargo airlines to pause fleet expansion.

››› File
FROM THE HOME PAGE
Mulino proposes the Panamanian state's entry into the consortium interested in acquiring Panama Ports Company.
Panama
Supreme Court verdict on concession contract pending
Container shipping company ONE's quarterly results worsen
Container shipping company ONE's quarterly results worsen
Singapore
In the April-June period, revenues decreased by -4% and net profit dropped by -89%.
Accidents to dock workers occur equally frequently on board ships as on land.
Norwegian Cruise Line Holdings reports record performance for the April-June quarter
Norwegian Cruise Line Holdings reports record performance for the April-June quarter
Miami
Bookings reached an unprecedented level
Paolo Piacenza has been appointed extraordinary commissioner of the Port Authority of the Southern Tyrrhenian and Ionian Seas.
Rome/Genoa/Gioia Tauro
DB Cargo records declines in turnover and rail freight volumes
Berlin
In the first six months of this year, shipments totaled 82.9 million tons (-10.8%)
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%)
Valencia
Containers arriving and departing are increasing. Transhipment is declining.
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
Wista Italy denounces the exclusion of women from the nominations of port authority presidents.
Milan
Musso: The glass ceiling that prevents women from accessing leadership roles remains.
In the second quarter, maritime traffic in the Bosphorus Strait decreased by -6.0%
Ankara
18.1% decline in ships over 200 metres in length
Fifty kilos of cocaine seized at the port of Civitavecchia
Rome
They were hidden inside a reefer container arriving from Ecuador
Trump has eliminated tariff exemptions for low-cost goods for all nations.
Washington
Goods with a value of less than $800 will also be subject to the tax.
Viking Mira was launched at Fincantieri's Ancona shipyard
Trieste
The multi-role frigate "Emilio Bianchi" was delivered to the Muggiano shipyard
The Port Authority of the Central-Northern Adriatic Sea has obtained EMAS registration
Ravenna
Certifies commitment to environmental management and sustainability
MSC Cruises reduces emissions with the support of an energy transition plan
Geneva
The 2024 Sustainability Report has been presented
DSV reports strong growth in financial and operating results thanks to the acquisition of Schenker
Hedehusene
Quarterly record in air and ocean shipment volumes
In 2024, the Fratelli Cosulich group's revenues increased by +12.8%
Genoa
Operating result down by -31.7%
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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
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
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
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.
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
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
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
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.
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.
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