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30 July 2025 - Year XXIX
Independent journal on economy and transport policy
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July 26, 2023

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Exim India web site
JULY 26, 2023
  • Increased M&A and privatisation activity seen boosting global container terminal operators
  • ICD Bhilwara restarts operations after 13 years; Hub & Links moves the first container
  • MIM service adds Beira & Nhava Sheva calls
  • Air Cargo Club of Delhi elects new Managing Committee at 46th AGM
  • Menzies Aviation & Bangalore International Airport Ltd enter into a partnership to expand air cargo services at one of India's busiest airports
  • India mulls coal shipments from Meghalaya to Bangladesh via Pandu port
  • TVS SCS secures deal from UK-based 'Centrica plc' to transform their supply chain
  • CMA CGM dry cargo Overweight Surcharge from Asia to Africa
  • Russia,Iran explore formation of a cooperative shipping firm
  • Electronics exports up 56 pc
  • Demand slump forces carriers' blank voyages
  • WCO and ICAO release revised brochure for air cargo & mail security

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The Loadstar web site
JULY 25, 2023
  • Box terminal operators feel the pain as peak season disappoints
  • Analysis: DSV scrambles - not a single mention of DB Schenker, really?!
  • Airfreight on the up as Mexico trends as favoured base for US traffic
  • Nuclear box ships - faster and cleaner - would disrupt liner industry
  • 'Solid performance' in H1, claims DSV chief, but jobs are on the line
  • Russian drones attack Ukraine river ports on Danube
  • Pan Ocean parent Harim partners with PE firm in bid for HMM

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Marine Log web site
JULY 25, 2023
  • Europe's FuelEU aims to kick start shift to greener fuels
    Europe's FuelEU legislation has now been adopted by the European Council and will come fully into effect from January 2025, though some requirements will come into effect from August 31, 2024. The
  • Alabama Shipyard wins $19.6 million USNS Comfort contract
    Hard on the heels of winning a $10.7 million Military Sealift Command (MSC) contract for a fleet oiler availability, Alabama Shipyard LLC, Mobile, Ala., has been awarded a $19,685,492 firm-fixed-price contract for
  • MARAD still seeks 10th ship for new Tanker Security Program
    The U.S. Maritime Administration (MARAD) has announced that nine ships have now been enrolled in the Tanker Security Program (TSP). The Fiscal Year (FY) 2021 National Defense Authorization Act (NDAA), with minor
  • Eastern Shipbuilding wins $257 million USACE hopper dredge contract
    Back in February 2022, the Corps of Engineers announced that it was at the initial stages of procuring a replacement for its then 56-year old hopper dredge McFarland and had issued a
  • VIDEO: NewCleo offers new options for marine nuclear propulsion
    In another indication that nuclear propulsion could well be a part of maritime's decarbonization strategy, London-headquartered nuclear tech start up NewCleo has signed an agreement with shipbuilding giant Fincantieri and classification society
  • WIMOs celebrates six years of female representation in maritime
    In 2017, Kasey Eckstein and Jenna Gaudet started doing business together in maritime operations. In doing so, they realized the need for an organization that catered towards female professionals in maritime operations,

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Container News web site
JULY 25, 2023
  • ONE's MIM service adds Beira and Nhava Sheva calls
    Ocean Network Express (ONE) announced that its MIM service will add Beira and Nhava Sheva call on top of the existing port rotation in two cycles as follows: The original port rotation is Jebel Ali - Mundra - Mombasa - Maputo - Jebel Ali, while the new port rotation of the first cycle will be Jebel Ali - Mundra - Mombasa - Beira - Maputo - Jebel Ali. This new rotation will take effect on 8 August
  • "Covid period keeps distorting yoy comparisons," reports Kuehne+Nagel amid first-half US$1bn profit
    Switzerland-headquartered transportation company Kuehne+Nagel Group reported a net turnover of US$14.6 billion (CHF 12.7 billion) for the first six months of 2023, earnings before interest (EBIT) of approximately US$1.3 billion (CHF 1.1 billion) and earnings of US$990 million (CHF 860 million). Meanwhile, the conversion rate, which describes the ratio of EBIT to gross profit of the company, reach
  • Pan Ocean parent Harim to compete for HMM ownership
    Harim Group has thrown its hat into the ring to take over South Korea's flagship carrier HMM. The South Korean poultry business is the parent of Pan Ocean, the country's largest dry bulk shipping company that was acquired by Harim in 2015. Harim and private equity player JKL Partners submitted a joint bid on 24 July to buy the 57.87% stake in HMM held by Korea Development Bank (KDB) and Korea Oce
  • CMA CGM Liberty becomes first LNG-powered boxship to call Japanese port
    CMA CGM Group announced the arrival of the 15,000 TEU CMA CGM Liberty at the Honmoku D4 terminal in Yokohama on 24 July. This is the first time that a liquefied natural gas (LNG)-powered container ship calls a port in Japan. The French ocean carrier connects Japan and Asia to Central and South America with three e-methane-ready vessels. CMA CGM Liberty is one of the three e-methane ready LNG-powe
  • US-based 3PL service provider GSC acquires Pacific Northwest key player
    GSC, an Oakland-headquarter 3PL service provider, has announced the acquisition of MacMillan-Piper, one of the largest and most established specialty transloaders in the Pacific Northwest. In particular, with the acquisition, GSC aims to bolster its portfolio with a network of proprietary rail transload facilities, additional warehousing capacity and expanded transloading capabilities with expert
  • Nhava Sheva Port builds integrated rail-side capacity for double-stacked box trains
    Nhava Sheva Port (JNPT), India's busiest public container gateway, has announced it is in a position to handle double-stacked container freight trains out of its new integrated rail yard for all terminals in the harbour. The port has five container terminals and mixed or combined train operations have been its mainstay for inland container depot (ICD) volumes. The port authority noted that "the s
  • Port of Riga achieves positive financial result in 2022
    Freeport of Riga Authority reported that the excess of the revenue of the Latvian port over costs reached €1.9 million (US$2.1 million) for the previous year. In 2022, Freeport of Riga increased its revenue by 14.5% to €39.22 million (US$43.32 million). According to the report, 79% of the port's revenues consisted of port dues and charges collected from ships and other revenues were rent payments
  • cargo-partner launches new trucking solution between China and Europe
    Global logistics provider cargo-partner has recently started offering full truck load (FTL) road transport via the Middle Corridor, as a supplement to the existing rail transport services on the Iron Silk Road. In particular, the company currently offers trucking services via the Caspian Sea with transit times of 22-25 days. Earlier in July, the first transport, a temperature-controlled shipment
  • HMM announces new GRI from North India to East Coast of South America
    Seoul-based ocean carrier HMM has announced a new general rate increase (GRI) for shipments from North India to the East Coast of South America (ECSA), including ports in Brazil, Argentina and Uruguay. Effective from 13 August, HMM will apply a GRI of US$200 per TEU and US$400 per FEU and high cube container. "All other ancillary charges applicable at the time of shipment will continue to be asse
  • ONE unveils new loop connecting Adriatic, Israel, Egypt and Greece
    Singapore-headquartered container line Ocean Network Express (ONE) will commence a new feeder service to link Adriatic ports, Israel, Egypt and Greece. ONE's new Adriatic Israel Butterfly Loop service (AIB) is expected to provide a new gateway for customers within the Europe and Mediterranean region. The new weekly service is scheduled to start from the port of Damietta on 16 August and will have
  • RST and Samskip launch first shore power green initiative
    Rotterdam Shortsea Terminals (RST) and Samskip have joined forces to launch Green Shore Power initiative, which aims to reduce CO2 emissions produced by vessels docked by providing new clean shore powered energy solutions. The shore power solution is the first of its kind in the Dutch ports. The celebration of this milestone event was on 21 July, where delegations from Samskip, RST, Port of Rotte
  • Drewry's GTO report: PSA remains at top, Chinese operators on the rise
    Merge & Acquisition (M&A)-led growth strategies will propel leading regional terminal operators and container shipping lines into the global terminal operator rankings next year, according to Drewry's latest Global Container Terminal Operators Ann

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Splash web site
JULY 25, 2023
  • Nexans moves to build its third cable layer
    French cabling specialist Nexans is expanding its fleet with the addition of a new cable laying vessel. The newbuild, with improved design, comfort and capabilities, will add to the company's cable layers Nexans Aurora and Nexans Skagerrak when delivered in 2026. The shipyard and the price tag have yet to be disclosed, but Nexans said ...
  • Euroseas agrees higher rates for container vessel duo
    Greek boxship owner Euroseas has terminated the current charters for the Rena P and Emmanuel P container vessels, while concurrently fixing the vessels on new charters. Euroseas agreed to terminate the current charter for the 2007-built, 4,250 teu Rena P which was originally expiring in February 2025 earning a rate of $20,250 per day until ...
  • Signal links up with Germany's Flagship Founders on maritime tech startups
    Greece's Signal Group has teamed up with German venture studio Flagship Founders to jointly develop new technology startups for the maritime industry. As part of the deal, the Ioannis Martinos-controlled Signal is taking a stake in the Berlin-based Flagship Founders and will contribute data and APIs from its Signal Ocean platform to help speed up ...
  • Siem Offshore secures work for AHTS duo in Australia
    Norwegian offshore vessel operator Siem Offshore has secured a medium-term contract for two of its anchor handling tug supply (AHTS) vessels in Australia. The contract with an undisclosed major operator is for the 2010-built Siem Aquamarine and 2011-built Siem Amethyst. Siem Offshore did not disclose the value of the fixture which is set to commence ...
  • EU adopts green fuel law for shipping
    After two years of intense negotiations, the EU has agreed on the final rules for climate-neutral shipping, with the adoption of the so-called FuelEU Maritime initiative. The political agreement means that shipping will be covered by the EU's emissions trading system (ETS) from 2024 and FuelEU Maritime from 2025, with shipping companies gradually reducing the ...
  • RFOcean books four methanol dual-fuel chemical tankers in China
    London-based RFOcean has placed an order for four 6,600 dwt methanol dual-fuel stainless steel chemical tankers at Wuhu Shipyard in China. No price has been revealed, but brokers estimate the Frederik Rye-Florentz-led alternative investment and commercial management firm is paying around $80m for the quartet. The largest shipbuilding enterprise in Anhui province, which counts battery ...
  • Jacktel taps Maritime Asset Partners for $80m loan
    Norway's Jacktel has secured an $80m loan from a subsidiary of London-based ship finance boutique Maritime Asset Partners. The offshore accommodation rig owner will use the net proceeds from the financing to fully refinance the existing senior secured bonds due in December this year. The deal, maturing in December 2027, includes a monthly fixed interest ...
  • UK launches charter to protect seafarers' rights and welfare
    A new Seafarers' Charter launched by the UK government has guaranteed fair wages, proper rest periods, and suitable training for thousands of seafarers. The charter is part of the government's wider plan to protect seafarers and boost employment protections, ensuring they're paid and treated fairly - regardless of flag or nationality. This is at the ...
  • Hilong Marine scores $36m contract in the Middle East
    Hilong Marine Engineering has secured contracts with UAE-based fabricator Lamprell and Lamprell Saudi Arabia. In a deal worth $36m the subsidiary of Hong Kong-listed Hilong Holding will provide engineering construction services for an undisclosed project. The work scope includes transportation and installation of new platforms, retrofitting of existing platforms and installation of subsea pipelin
  • Ships pull back in wake of latest Russian attacks
    Ships are backing up along the western edge of the Black Sea at the entrance to the Danube and outside Romania's Constanta port amid severe uncertainty over how to proceed with exports from Ukraine after multiple Russian attacks on port locations and the decision last week to end the Black Sea Grain Initiative. Russia's decision ...
  • German shipbrokers join forces
    Two Hamburg-based shipbroking companies ARA Shipbrokers and JP Maritime Services & Broking (JPMSB) have agreed to join forces. Moving forward, ARA and JPMSB will market their sale and purchase broking services together under the ARA umbrella. ARA was founded in 2011 and is best known in the fields of containerships, MPP and coasters but also ...
  • COSCO and China Merchants lead growth among world's top terminal operators
    China's two state-backed port operators are growing faster on the international stage than other established terminal names such as PSA International and DP World. COSCO and China Merchants both saw volumes grow last year by more than 4%, cementing their place on the podium of terminal operators while their rivals in the top six all ...
  • CTM supramax pool expands with XT Shipping vessel
    XT Shipping, the joint venture between Idan Ofer and Udi Angel, has joined C Transport Maritime's (CTM) Supramax Revenue Sharing Agreement (RSA). The Israeli-based company is the second company to join the Supramax RSA this year. The first one was Forra Ultramax which joined in May. XT Shipping added its 2017-built, 61,266 dwt bulk carrier ...
  • No sign of major stimulus from Beijing
    Real estate stock prices soared today in Hong Kong and Shanghai, but dry bulk owners hoping for a big stimulus announcement from yesterday's Politburo meeting in Beijing will be disappointed with the range of economic measures outlined. China's top leaders pledged on Monday to ramp up policy support to boost domestic consumption as the economy ...
  • Nuclear offers shipping 'vast potential': ABS
    A new American study adds to the growing raft of experts signalling that nuclear could feature in shipping's future propulsion mix. American Bureau of Shipping (ABS) chose Herbert Engineering Corp (HEC) to see the impact of nuclear propulsion on the design, operation, and emissions of a 14,000 teu container vessel and a 157,000 dwt suezmax ...
  • Russian box volumes soar
    Shorn from many links with the West, Russia has still managed to welcome very solid amounts of container traffic. Box volumes at Russia's own ports have rebounded sharply, drawing in over 200,000 teu of incremental containership capacity since the end of last year, according to data from Linerlytica. Q2 Russian container volumes grew 33% year-on-year. ...
  • Magni Partners hammers out deal for up to six new VLCCs
    London-based Magni Partners has made a deal to order up to six VLCCs from New Times Shipbuilding in China for $138m per vessel. The order comes soon after one of the most famous names in Norwegian maritime Tor Olav Trøim said that Magni Partners, his private investment vehicle, would order VLCCs. During a speech at ...
  • Eastern Pacific Shipping enters green energy agreement with China Power
    Idan Ofer-controlled Eastern Pacific Shipping (EPS) has signed a Framework Cooperation Agreement (FCA) to collaborate on the production of green energy and renewable fuel solutions with China Power International Development Limited. Under the agreement, EPS and China Power will cooperate to advance the development and adoption of energy solutions for the maritime industry, including green ...
  • Octopus Energy to invest $20bn in offshore wind by 2030
    Britain's Octopus Energy is to invest $20bn through its generation unit in offshore wind by 2030. The investment will go towards the generation of 12 GW of renewable electricity a year, enough power for 10m homes. Octopus is targeting projects all over the world, with a focus on Europe and already has several deals in ...
  • Yangzijiang Financial buys into chemical tanker pair
    Singapore-listed Yangzijiang Financial Holding has splashed over $30m to pick up stakes in two chemical and product tankers and entered into an agreement to co-charter eight eco MRs. Yangzijiang Maritime Private Equity Fund, a sub-fund managed by Yangzijiang Financial's subsidiary GEM Asset Management, has invested $19.5m in 26,200 dwt RT Star and $12.64m in 19,999 ...

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Lloyd's List web site
JULY 25, 2023
  • Savannah box volumes remain soft through June
    Port of Savannah volumes were down 17.8% through June compared with the same period last year, which was its best...
  • Panama Canal Authority to maintain draught restrictions and limit vessel transits
    Extended dry season in the Canal Watershed have led the Panama Canal Authority to extend the latest draught restriction of...
  • Danube drone attacks fail to dent trade but shipping security concerns are rising
    Lloyd's list Intelligence vessel-tracking data indications no significant increase to existing congestion along the Danube route
  • Signal and Flagship Founders link up to expand work with maritime start-ups
    Coalitions are important to access opportunities and extend network reach, says Signal's Nikolas Pyrgiotis
  • Rise in oil prices and refining margins 'doubly positive' for tankers
    Crude oil price gains support tanker sentiment, especially with even steeper gains for diesel and gasoline prices, analysts say. Meanwhile...
  • Vopak to collaborate with Australian green ammonia project
    Vopak agreed to collaborate with Australian hydrogen producer H2U to focus on potential green ammonia exports to Japan and South...
  • Greek tanker exodus from Russia trades lifts freight premiums but drives rates lower
    Suezmax and aframax rates decline, as oil price cap breach diverts tankers into mainstream trades
  • UK licence suspension of Indian Ocean floating armouries leaves 3,000 weapons in limbo
    Decision leaves each ship 'rendered with immediate effect an unauthorised vessel-based armoury' with the fate of weapons and equipment on...
  • Logistics giants look to improved second half of 2023
    DSV upgrades guidance as outlook improves. K+N expects volume improvements but no peak season
  • Greek shipowners hail CEM Hubs as first maritime decarbonisation deal to involve all stakeholders
    'We are only at the beginning', says UGS president Melina Travlos, calling for the initiative to be widely supported across...
  • LEOs bring attractive benefits but beware shortcomings
    The LEO connection cost has significantly reduced during the past year as digital technology and crew welfare had made use...
  • UK Club announces loss prevention appointments
    Thomas Miller-managed marine mutual strengthens department
  • Container prices struggle to recover despite peak season optimism
    Carriers are urged to withdraw more capacity from the market should they want to further shore up freight rates and...
  • Containership charter periods fall as rates remain under pressure
    Brokers report relatively high levels of fixture activity although liner operators are increasingly seeking short charter periods in an uncertain...
  • Rotterdam bunker sales drop in second quarter despite higher HSFO demand
    Marine fuel sales dipped at Rotterdam over April-June, while LNG bunkering activity picked up owing to competitive pricing
  • Zodiac grows chemical tanker fleet with newbuilding quartet from Japanese shipyard
    Newbuildings will boost the stainless steel chemical tanker fleet of London-headquartered shipowner to 16 vessels
  • Oil being removed from FSO Safer
    'In the absence of anyone else willing or able to perform this task, the United Nations stepped up and assumed...
  • Carriers set to join global terminal operator top table
    Carrier diversification and merger and acquisition activity are increasing the number of global players in the terminal sector. Leading operators...
  • HMM's owned fleet scores high in IMO's CII rating
    Results have been verified by Korean Register's greenhouse gas emission reporting system, 'KR GEARs'
  • China Merchants Port Holdings appoints Feng Boming as chairman
    Feng left Cosco Shipping in April last year and joined China Merchants Group as a vice president
  • Industry 'cannot afford to ignore' nuclear propulsion says ABS chief
    An ABS-commissioned study by Herbert Engineering that modeled the impact of nuclear propulsion on a 14,000 teu boxship and suezmax...
  • Daily Briefing
    EU and US struggling to match sanctions rhetoric with enforcement | Early signs of change as oil cap price breach...

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The Journal of Commerce web site
JULY 25, 2023
  • New Jersey port stakeholders say state police ready for oversight task
    Maritime employers expect New Jersey State Police oversight of longshore hiring in the state will be easier and less burdensome than it was under the soon-to-be dissolved Waterfront Commission.
  • Major forwarders riding out slow return of traditional freight markets
    The CEOs of DSV and Kuehne + Nagel, shrugging off heavily distorted year-over-year comparisons, described their second-quarter results as "solid" and reflective of the evolving normalization of the air and ocean markets.
  • LTL carrier TForce Freight moves closer to new contract with Teamsters
    Teamster local leaders endorsed a new five-year pact with LTL carrier TForce Freight, while the union eyes talks with Yellow.
  • UPS, Teamsters reach deal on tentative five-year contract, averting possible strike
    A tentative agreement removes the threat of a disruptive strike that would have roiled supply chains, giving UPS Teamsters several weeks to vote on the new contract.
  • ILA chief calls for global union fight against port, maritime automation
    The president of the International Longshoremen's Association says automation and new technology are an existential threat to union members and other maritime employees worldwide.

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TradeWinds web site
JULY 25, 2023
  • Nexans to build 'most technologically advanced cable layer ever' to target US and Europe
    New vessel will build on the 2021-built Nexans Aurora, which was constructed at Ulstein Verft in Norway
  • Webber on ESG: Eagle Bulk wasn't the only shipowner winged by consolidation concerns
    Analyst releases full 64-company tables and talks trends in evaluation of environmental, social and governance performance
  • Failure to launch: What next for bulker markets as Chinese economic growth disappoints?
    The world's biggest importer of dry bulk commodities pledged to up governmental support for its economy on Monday
  • Cruise ships have not been banned from Amsterdam, industry group says
    City council moves to keep passenger ships out of city centre, according to Cruise Lines International Association
  • NYK Line locks in fresh contract with Mitsubishi Corp arm for LNG newbuilding
    Shipowner adds its seventh vessel to trading house's burgeoning fleet designed to ship US volumes
  • Delfin Midstream pushes out planned FID on first FLNG unit to October
    But company says second floater set to be sanction shortly afterwards based on signed offtakers to four vessel offshore port
  • Green fuels enabler: New EU law to cap shipping's carbon intensity clears final hurdle
    After adoption by European Council, FuelEU Maritime will mandate gradually increasing cuts to greenhouse gas emissions in bid to boost green fuels adoption
  • Salvage teams start pumping oil from decaying supertanker
    UN chief hails critical step to preventing 'colossal' environmental catastrophe
  • Ulrik Kriete steps down from ASSC after passing of founder Bertram Rickmers
    Departure of loyal lieutenant leaves management of Hamburg-firm firmly in hands of sixth generation
  • Oldendorff, H-Line sell in busiest capesize S&P scene since March
    Brokers suspect Greeks and South Koreans behind high-profile deals for relatively modern pair of big bulkers
  • GenPro in talks over providing alternative fuel options to shipowners
    Ship supply broker says decarbonisation does not just mean looking at its own supply chain
  • Maria Theodosiou reveals how ship supply broker GenPro is charting a green route for shipowners
    Cypriot procurement company publishes first sustainability report and takes aim at the supply chain
  • Oldendorff Carriers targets growth in South America as cargo volumes rise
    Bulker giant told TradeWinds it sees a growing dry-cargo market on both sides of the continent
  • Siem Offshore inks charters for two AHTS for work in Australia
    Kristian Siem company has found strength in the Australian market as of late
  • Russia's second supersize FSU arrives on site as Arctic LNG 2 unit moves off
    Milestone sailaway gets underway for next up liquefaction project
  • Safety fears for sunken container ship as typhoon approaches Taiwan
    Slow progress on recovering empty containers as weather set to significantly worsen
  • Fincantieri and RINA mull nuclear option in cooperation agreement
    Shipping powerhouses from Italy say nuclear energy can be one way to hit decarbonisation targets
  • DNV partners with UAE to set up Middle East's first shipping decarbonisation centre
    Plans are to launch the maritime centre at the beginning of 2024
  • HMM fleet gets green light for CII emissions
    Nearly all fleet of 67 ships will clear emissions hurdle
  • Container volumes at Russian ports surge as new operators pile in
    Russian trades draw in 100 ships providing additional container capacity
  • Fincantieri, Rina mull nuclear option in cooperation agreement
    Shipping powerhouses from Italy say nuclear energy can be one way to hit decarbonisation targets
  • DNB's Jorgen Lian tweaks price targets for tanker trio and still expects '6-digit' VLCC rates
    Euronav and Frontline saw price targets drop, while DHT's was raised - but the analyst says all are an attractive entry point for investors
  • 'We will have a lot of fun': German shipbrokers forge partnership in sale and purchase
    ARA Shipbrokers and JP Maritime look to develop synergies across different shipping segments
  • West urges China to 'expel' tankers involved in sanctioned North Korea oil trades
    Evidence shows vessels have sought 'refuge' off China's eastern coast
  • NYK, Cargill team up in wind propulsion test on kamsarmax bulker
    Wingsail producer Econowind to equip 10-year-old vessel with wind-assisted propulsion unit
  • Wah Kwong, CSSC (Hong Kong) and China Gas ink order for first LNG duo
    Trio turn to Dalian Shipbuilding Industry Corp for first newbuildings and secure 2027 delivery slots
  • Russia tanker exodus hits rates on Atlantic trades
    Mainstream shipowners withdraw after Russian barrels top $60 price cap
  • Vale now boasts all-female Singapore chartering team as Michael Gardiner quits mining giant
    Gardiner leaving the Brazilian company for new role as internal promotion made to replace him
  • JP Morgan linked to MR tanker order at Guangzhou Shipyard International
    Banking giant said to have ordered methanol-powered product carriers against charter contracts from TotalEnergies
  • WFW, DNB reveal their role in mammoth Vroon Group restructuring
    The $900m transaction was the first of its kind, say the lawyers and bankers who worked on it
  • MJL Bangladesh places rare newbuilding order in South Korea
    Company opted for newbuilding due to price hike in secondhand vessel market
  • 'We will have a lot of fun': German shipbrokers forge sale and purchase partnership
    ARA Shipbrokers and JP Maritime look to develop synergies across different shipping segments
  • Eastern Pacific teams up with China energy firm on renewable fuel solutions
    Singapore-based shipowner says both companies will tap into their relevant expertise to develop green ammonia and methanol fuels
  • MARAD says prompt responses important after lawmakers' rebuke
    Biden Administration's maritime agency responds after Republican-led committee complains of lack of responsiveness

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American Shipper web site
JULY 25, 2023
  • Georgia Ports' fiscal year volumes slide nearly 7%
    A decline in loaded import volumes pulled the Georgia Ports Authority's overall 2023 volumes lower.
  • Zim downsizing its container ship fleet as demand disappoints
    After rapidly expanding its fleet during the boom, ocean carrier Zim is backpedaling and shedding ships.
  • UK startup One Air launches cargo service with 1 jumbo jet
    A new London-based airline called One Air has begun commercial freighter service. The odds for survival may be daunting unless it can expand beyond a single aircraft and the market improves significantly.
  • LAX airport picks developer for transformational cargo project
    Los Angeles International Airport has partnered with former NBA superstar "Magic" Johnson and others on planning a wholesale redevelopment of its extensive cargo facilities.

››› File
FROM THE HOME PAGE
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 first half of 2025, container traffic in the port of Gioia Tauro grew by +10.5%
Joy Taurus
2,186,211 TEUs were handled
A bulk carrier was attacked in the Red Sea
Portsmouth
The crew abandoned the ship which began to take on water
German government allocates 400 million euros to support energy transition in maritime-port sector
Over 78 million euros to the ports of Augusta and Taranto for offshore wind
Rome
Funds distributed over three years starting from 2025
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
Rijeka Gateway Terminal to become operational in early September
Copenhagen
The first ship at the second container terminal of the Croatian port is expected on September 12
Falteri (Federlogistica) urges us to focus on the development of "polycentric" logistics
Genoa
The Simplified Logistics Zone should be the cornerstone of the strategy
Tsuneishi Shipbuilding Co. acquired Mitsui E&S Shipbuilding Co.
Hiroshima/Tokyo
It was renamed Tsuneishi Solutions Tokyobay Co.
Pessina (Federagenti): Northern European logistics system is struggling. Let's take advantage of it!
Rome
Unexpected opportunity - he underlines - for the Mediterranean ports and Italian ones in particular
MSC Cruises Joins Carnival and Royal Caribbean in Capitalizing on Grand Bahama Shipyard
Miami
Negotiations underway since the end of 2024 have been successfully concluded
At The International Propeller Clubs the Dorso Award for the Mediterranean area
Naples
In recognition of the primary role played by logistics operators in Mediterranean traffic
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