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06 December 2025 - Year XXIX
Independent journal on economy and transport policy
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March 1, 2024

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Exim India web site
MARCH 1, 2024
  • CMA CGM acquires 100% of Bolloré Logistics
  • Bahri wins Guinness World Record for largest mobile desalination plant
  • India's GDP growth could reach near 8 pc: Barclays
  • India, SA thwart investment pact from being part of WTO MC13 agenda
  • Empty container movements up 20%
  • Imports of thermal coal seen falling
  • Shipping decarbonisation seen uncertain
  • Asian container exports to Europe up
  • India to be largest global oil demand growth driver by 2030: IEC
  • India's LNG spot buying pulling US cargoes
  • Steel imports soar to six-year high
  • Port of Fujairah's intimation on P&I Clubs
  • Susanta Purohit is the new Chairman of VOC Port
  • China, India heavily investing in port infra
  • Red Sea attacks raise the need for IMEC, says India
  • India puts forth a strong case for keeping development at the core of WTO work now and in future
  • India's wheat production seen exceeding target
  • Mahindra Logistics expands its fulfilment operations in West Bengal
  • 1WN-One World One Network launched for the logistics industry
  • Rotterdam World Gateway container terminal invests in shore-based power

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International Transport Journal web site
MARCH 1, 2024
  • Polish leasing company orders 100 locomotives
  • Germany's first remote operations centre
  • Captrain: changes at the helm
  • Icao: forecasts for 2024
  • A tool to lower language barriers on the road
  • Investing in future logistics tech
  • MOL's plastic recycling trial
  • Up to 120,000 kg cargo capacity every Friday
  • Study for an e-fuel supply chain
  • "B" score despite increased challenges
  • Freight's out, and away we go!
  • From DB Schenker to Maersk
  • Linking Jacksonville with South America
  • "Curiosity of the Day"
  • Hudson Bay Railway secures funding
  • Eastern Airlines moves to the West
  • HFW expands its Greek ship finance team
  • A Kiwi cold chain hub

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The Loadstar web site
FEBRUARY 29, 2024
  • Maersk's new NAM chief urges US shippers to 'know your best alternative'
  • Liners on the vertical integration prowl
  • AF-KLM Cargo's 2023: more capacity, but less volume and revenue
  • DB Cargo plan to cut 1,800 jobs is 'gambling with its future', says union
  • Wincanton bidding war begins as GXO steps in with better offer than Ceva
  • Jackson exit expected to accelerate LTL push at Knight-Swift
  • NYK extends its logistics arm with takeover of UK's Noel Topco
  • Ole Trumpfheller joins Maersk as VP and MD North Europe

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Marine Log web site
FEBRUARY 29, 2024
  • KOTUG takes full ownership of Kotug Seabulk Maritime
    KOTUG International B.V. said today that it has concluded the acquisition of Kotug Seabulk Maritime LLC (KSM), taking full ownership of the business. KOTUG has acquired the interest held by its joint
  • New NYSERDA contracts put two NY offshore wind projects back on track
    New York Gov. Kathy Hochul looks to have notched up two more successes in her efforts to get New York State offshore wind back on track. Today she announced that the state
  • SECNAV urges Korean shipbuilders to invest in U.S. shipyards
    Secretary of the Navy Carlos Del Toro has been meeting with top South Korean shipbuilding executives and making the case for them to create American subsidiaries and invest in integrated U.S. commercial
  • Three-way partnership creates new JSI Alliance
    A twosome is becoming a threesome. After three years in a successful commercial alliance, Dutch maritime heavy lift transport and engineering contractor Jumbo Shipping and German breakbulk and project cargo specialist SAL

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Container News web site
FEBRUARY 29, 2024
  • CMA CGM applies new peak season surcharge from Egypt to West Africa
    French ocean carrier CMA CGM has announced a new peak season surcharge (PSS) from Egypt to West Africa. The new surcharge will commence on 4 March and will be effective until further notice. The PSS will be US$100 / container and will be applied only to dry cargo, according to the company's announcement. If you liked this post, please consider donating The post appeared first on Container News .
  • Grimaldi bolsters Italy-Greece connections
    The Grimaldi Group is set to elevate transport capacity and comfort on its Italy-Greece connections with the introduction of the Europalink vessel on the Brindisi-Igoumenitsa service starting 29 February. As the ro-pax unit boasts the largest cargo capacity ever deployed in the Adriatic Sea, the Europalink will complement the modern ro-pax unit, the Kydon Palace, already operating on the line. Th
  • Port of Montreal signs partnership deal to proceed with new box terminal project
    The Montreal Port Authority (MPA) announced its partnership agreement with Contrecoeur Terminal Constructors General Partnership (CTCGP), which consists of Pomerleau and Aecon. This collaboration will support the MPA in designing the in-water works for its Contrec�ur expansion project using a progressive design-build (progressive DB) approach. In October of last year, MPA announced its intention
  • Cargo and Compliance: Simplifying Documentation in the Shipping Industry
    The shipping industry, characterised by its critical role in global trade, faces an array of challenges in managing the vast amounts of documentation required for operations. The reliance on paper-based documents not only slows down processes but also increases the risk of errors and compliance issues. As companies strive for efficiency and sustainability, the transition towards digital documenta
  • Port of Tanjung Pelepas secures deal for new ULCV quay cranes
    Port of Tanjung Pelepas (PTP), a joint venture between the MMC Group and APM Terminals, has finalized a deal with Sany Marine Heavy Industry to purchase six units of ultra-large container vessel (ULCV) quay cranes. The agreement, sealed by PTP CEO Mark Hardiman and Sany Marine CEO Jeff Fu on 23 February, marks a significant milestone for the Malaysian port. Chairman of PTP, Tan Sri Che Khalib Moh
  • Port Houston starts 2024 with container export record
    Port Houston has kicked off the year on a high note, achieving record-breaking total container volumes in January. The month saw a remarkable total of 332,961 TEUs, marking a 4% increase compared to the same period last year. Notably, container imports rose by 3% to reach 154,493 TEUs, mainly attributed to robust imports from China ahead of the Lunar New Year festivities. Additionally, loaded exp
  • CMA CGM completes Bolloré Logistics takeover
    French shipping giant CMA CGM Group has completed the acquisition of Bolloré Logistics from its compatriot transportation company Bolloré Group. The two firms announced that the purchase price is €4.85 billion (US$5.25 billion), on the basis of the estimated debt and cash on the completion date. In 2022, Bolloré Logistics achieved a turnover of €7.1 billion (US$7.7 billion), transported 710,000 T
  • Euroseas charters out feeder ship under construction
    Greek container ship owner Euroseas has entered into a time charter contract for the 2,800 TEU Leonidas Z, a newbuilding fuel efficient feeder ship currently under construction, for 23-25 months at the option of the charterer, at a gross daily rate of US$20,000. The new charter will commence upon delivery of the vessel from the shipyard expected around the end of April or beginning of May 2024. A
  • Rotterdam World Gateway to fully equip quayside with shore-based power
    Dutch container terminal Rotterdam World Gateway (RWG) has decided to equip its entire quayside with shore-based power capabilities, enabling all vessels to utilize this eco-friendly power source. According to a statement, already renowned for its full automation and carbon neutrality, the RWG terminal's initiative will further enhance environmental sustainability. With the implementation of shor
  • Scrubbing the Future: Bridging Renewable Energy and Syngas Purification
    Okay, let's get one thing out of the way right from the start - I'm no engineer or environmental expert. Just a regular guy who works in renewable energy and has picked up a thing or two along the way. The only reason I know anything about "syngas" and gas "scrubbers" is because I got roped into a project at work that involved both. It was a total baptism by fire, let me tell you. One day I'm jus
  • Hong Kong customs bust shark fins smuggling attempt
    Hong Kong Customs and Excise Department officers seized a container of shark fins from a controlled and endangered species after intercepting a container on 27 February. Customs inspector Chan King-fung said that the department acted after being tipped off by the Organized Crime and Triad Bureau that a river vessel bound for Macau was suspected of smuggling. A patrol vessel tracked and stopped th
  • Top 5 Supply Chain Management Scholarships For International Students to Apply for in 2024-2025
    Supply chain management is an area with tons of prospects. However, finding a scholarship in this field is quite challenging. Specializing in this field requires one to have extraordinary problem-solving skills. These skills are essential for dealing with various logistical issues that will most definitely come across while working in this industry. Moreover, the problem of choice gets even more
  • Tips Maintaining Sustainability Of Supply Chain Management
    An eco-friendly or sustainable supply chain has become a critical - and ever more visible - an element of corporate social responsibility. The trend is fueled by heightened regulations to reduce the environmental impact of industrialization. Plus, today's consumers don't want to be associated with an unethical company. According to a report, 77% of consumers say they will buy a product of a compa
  • CN analysis: Freight rates on major Indian trades see downward corrections after January highs
    After spiking dramatically amid the Red Sea crisis-linked shipping disruption, container freight rates seen on trades out of India have held firm or even declined in some cases in February, month-on-month, according to the latest market analysis by Container News . On the westbound India-Europe trade, average short-term contract rates for 20-foot container bookings from West India [Jawaharlal Neh
  • NYK buys UK-based logistics firm
    International Logistics Group (ILG), a UK subsidiary of NYK Line's Yusen Logistics, acquired Noel Topco, a UK-based holding company of 10 companies, including Global Freight Solutions (GFS). The acquisition is part of the logistics business growth strategy outlined in the medium-term management plan announced by the NYK Group in March 2023. NYK said the acquisition realizes ambidextrous managemen
  • Alternative Financing Vs. Traditional Loans: A Small Business's Guide
    Access to capital is vital for small business growth. Traditional bank loans, while common, may not always be accessible, especially for early-stage enterprises. Fortunately, numerous financing options exist today, offering diverse opportunities tailored to different business needs. This guide will delve into alternative lending versus traditional loans to help you understand the financial landsc
  • Meest Experts Recommend: Tips on Shipping to Kazakhstan
    With the advancement of new technologies, shipping to Kazakhstan is no longer a hassle. Simply create an account on the Meest Portal and easily create, pay for, and manage your shipments without leaving your home. Meest experts will strive to answer popular questions that clients often encounter when wanting to send a parcel to Kazakhstan. What Determines the Cost of Shipping to Kazakhstan It's n
  • Georgia Ports growth plans and collaborations fuel job expansion and economic opportunities statewide
    Georgia ports play a crucial role for automakers, suppliers, manufacturers, and logistics operations considering job expansion in Georgia, United States. "We're not talking about only Savannah or Atlanta. It's our mission to drive the success of the entire state. A whole series of recent announcements prove that our efforts are paying off in greater economic opportunity for Georgians in large and

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Splash web site
FEBRUARY 29, 2024
  • Genco capesize sales fall through
    US-listed bulker player Genco Shipping & Trading has failed in its first attempt to successfully close the recently confirmed disposal of two elderly capesize vessels. The John Wobensmith-led owner of more than 40 ships said it has terminated the deals due to the buyers' breach of the agreements' terms. The 2010-built Genco Claudius and 2009-built ...
  • Atlantska Plovidba signs for ultramax newbuilds in China
    Croatian bulker owner and operator Atlantska Plovidba has returned to Jiangsu Hantong Ship Heavy Industry in China with an order for two ultramaxes. The Zagreb-listed outfit, majority owned by Zadar-based peer Tankerska Plovidba, is paying around $65m for the 53,500 dwt duo designed to meet IMO Tier III and EEDI Phase 3 requirements. Atlantska, which ...
  • Rotterdam World Gateway terminal to provide shore-based power for all vessels
    Rotterdam World Gateway (RWG) container terminal has decided to equip its entire quayside with shore-based power for all vessels. The RWG terminal is already fully automated and CO2-neutral and the construction of shore-based power facilities will mean the ships will also no longer emit particulates, nitrogen and CO2 when at berth. These facilities will also ...
  • CMA CGM wraps up $5.2bn Bolloré Logistics acquisition
    French liner CMA CGM has completed the acquisition of family-run conglomerate Bolloré Logistics for €4.85bn ($5.25bn). The Bolloré Group said that, even though the sale to CMA CGM has been completed, the transfer of Bolloré Logistics Sweden AB to the French company remains subject to obtaining foreign investment clearance in Sweden. The two agreed to ...
  • Seafar starts up Germany's first remote-controlled inland waterway shipping centre
    Belgian specialist in remote-controlled shipping Seafar, with its project partners HGK Shipping and Reederei Deymann, has set up the first remote operations centre in Germany. The centre enables captains to navigate vessels on inland waterways from dry land. This technology, according to Seafar, is one way of countering the shortage of specialist workers. Five vessels ...
  • Odfjell Oceanwind launches floating wind foundation manufacturing venture
    Norwegian floating offshore wind specialist Odfjell Oceanwind and fellow automation and manufacturing expert Prodtex have established a joint venture for floating wind foundations called Windsteel Technologies. The jv, headed up by former boss of Corvus Energy Geir Bjørkeli, has been created to set up floater production capacity with the aim of having the first factory ...
  • Northern Offshore bags work for jackup rig offshore Oman
    Houston-based jackup owner Northern Offshore, a 91.81% subsidiary of Rex International, has won a multi-well deal offshore Oman for one of its rigs. The drilling program will be undertaken in Masirah Oil's Yumna field in Block 50 off Oman. It will consist of the drilling and completion of a new in-field well and the workover ...
  • US logistics firm GXO tops CMA CGM's offer for Wincanton
    The bidding war for UK logistics player Wincanton is heating up, with US-based warehousing firm GXO Logistics surpassing an offer made by CMA CGM's CEVA Logistics. The owner of Clipper Logistics has logged a bid under which shareholders would get 605 pence in cash for each Wincanton share held - up about 26% from CEVA ...
  • Euroseas eyes improved box market as it fixes out another newbuild
    Greek owner Euroseas has taken advantage of the improving containership market to clinch another long-term charter deal for one of its newbuild feeders delivering this year. The Aristides Pittas-led company has fixed a 2,800 teu Leonidas Z for up to 25 months from April or May at $20,000 per day. Pittas said the deal is ...
  • Saudi offshore owner accused of abandoning crew across multiple vessels
    The International Transport Workers' Federation (ITF) has revealed multiple concerning reports about withheld pay from seafarers working on eight ships owned by Saudi Arabian marine services contractor Hadi H Al Hammam Establishment. According to ITF, the company, which lists Saudi Aramco among its clients and was buying brand new ships as recently as 2018, has ...
  • Capesize FFAs hitting prolonged highs not experienced since the 2000s
    Capesize rates are on a charge, leaping by more than 10% on the Baltic Exchange yesterday to stand on the cusp of the $30,000 a day mark thanks in no small part to strong volumes of iron ore from Brazil to northern China. Moreover, FFAs look strong with March contracts of more than $30,000 a ...
  • Norden orders four capes
    Danish shipping giant Norden has revealed orders for four capesize newbuildings, which will deliver between 2025 and 2027. Prices and the yards contracted have not been revealed. Norden already has five owned and seven chartered capes on its books, and today stated its aim was to get to a total operating capesize fleet of between ...
  • Atlantic Oceanic expands fleet with Tek-Ocean MPSV
    UK-based offshore vessel owner Atlantic Oceanic, has bolstered its fleet with the acquisition of a multipurpose supply vessel from Melbourne-based Tek-Ocean Energy Services. The company, formerly known as Castle Ship Technical Management, has added the 1991-built Tek-Ocean Spirit for an undisclosed sum and renamed it Atlantic Spirit. Atlantic Oceanic had six European and Jones Act-compliant ...
  • Sapura forms decommissioning joint venture
    Malaysian offshore services provider Sapura Energy and AF Offshore Decom, part of Norway's AF Gruppen, have joined forces to target the increasing demand for offshore decommissioning services in Southeast Asia. A joint venture called Kitar Solutions was recently presented in Kuala Lumpur with the aim of simplifying the decommissioning process through integrated engineering, preparations, removal,
  • BHP studies nuclear-powered ships
    Mining giant BHP has become the latest big name to study the potential for nuclear to power ships. The Australian headquartered company tapped Dutch consultants ULC-Energy to compare key characteristics of various civil reactor designs against the requirements for the potential use in commercial maritime shipping as well as evaluating a range of regulatory, operational, ...
  • NYK acquires UK logistics company
    Japan's Nippon Yusen Kaisha (NYK) has bought Noel Topco, a UK-based holding company of 10 companies, including Global Freight Solutions Limited (GFS), a specialist in fulfillment services for e-commerce businesses, from order receipt to delivery. The UK e-commerce market is the third largest in the world after China and the US, according to NYK. "The ...
  • Biden administration announces $3bn clean ports investment
    The US Environmental Protection Agency (EPA) has announced the launch of a $3bn clean ports program to fund zero-emission port equipment and infrastructure. The EPA is releasing two separate notice of funding opportunities. First, the nearly $2.8bn zero-emission technology deployment competition will directly fund zero-emission port equipment and infrastructure to reduce mobile source emissions a
  • Does GDP matter for shipping?
    Pierre Aury has some advice for executives looking too closely at the health of national economies. My January column discussed AI, global warming, the geopolitical situation and the possibility of a financial crisis as likely or not to shape 2024. It triggered some feedback along the lines of a recession being more likely to have ...

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Lloyd's List web site
FEBRUARY 29, 2024
  • Berge Bulk orders newcastlemax pair at CSSC yard as ordering momentum grows
    Deal comes as newbuild activity for large bulkers is picking up pace in recent years
  • Strong finish sends BW LPG to strongest year on record
    BW LPG posted its strongest financial year after a robust fourth quarter, during which VLGC rates climbed to near-record levels...
  • Okeanis eyes 'even better' longer-term scenario for tankers
    New York- and Oslo-listed owner clinches sharply higher rates in first quarter of 2024 after record 2023
  • International Seaways reveals $232m MR acquisition as it posts record profits
    International Seaways has posted its strongest year on record and unveiled acquisitions for six medium-range tankers totalling $232m. Chief executive...
  • EU to support shore power and e-fuel projects in ports with $1bn fund
    The EU has launched a call for proposals from the transport sector, as the bloc aims to support alternative fuel...
  • Hamburg feels effect of northern range slowdown
    Throughput was down in 2023 as weak economic conditions and geopolitical tensions affected trade. For terminal operator HHLA, there was...
  • Euroseas newbuild charter illustrates bounce in market for boxships
    Nasdaq-listed owner aims to 'continue capitalising' on firmer market for other vessels coming open, including three 1,800 teu newbuildings
  • Red Sea crisis deals blow to Piraeus' standing as East Med's transhipment king
    Lloyd's List Intelligence data shows calls of larger tonnage, 10,000 teu and above, at Piraeus have more than halved since...
  • IMO to adopt practical mid-term measures to put decarbonisation back on track
    Secretary-general is optimistic on shipping's chances of reaching new IMO targets aiming for net zero by or around 2050, as...
  • Shipping prepares for its first dance with carbon trading
    Companies are scrambling to set up trading accounts, while a niche industry springs up to help them manage an unfamiliar...
  • CMA CGM completes Bolloré Logistics deal
    CMA CGM's growing presence in the logistics sector is cemented through its acquisition of Bolloré Logistics. But it has lost...
  • Eastern Pacific exercises options for two tankers and four bulkers at Chinese yards
    Singapore-based shipowner now has 10 ammonia dual-fuel bulkers on order at Beihai Shipbuilding
  • Svitzer prepares to go it alone
    Towage and terminal service may not be a high-growth sector. But the chief executive says there are benefits to avoiding...
  • Norden expands capesize fleet with four newbuilds
    Danish company aims to prioritise dry bulk tonnage this year amid higher asset prices in the tanker market
  • K Line seals storage site agreement for Malaysia CCS project
    K Line and its partners have been working on a storage site project since 2022. In September 2023, the consortium agreed...
  • Frontline sees Q4 boost from Euronav VLCCs
    Last year 'exceptional for tanker industry' and Red Sea disruption will benefit larger vessels, says Barstad
  • Daily Briefing
    Heightened security threat accepted norm for Ukraine's Black Sea traders | Rubymar owners defy Houthi threats in final bid to...

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The Journal of Commerce web site
FEBRUARY 29, 2024
  • US shippers urged to use technology to fight cargo crime, fraud
    Using layers of technology from digital documents to artificial intelligence to tracking devices, shippers can detect and even head off the growing threat of cargo crime, experts say.
  • CMA CGM closes $5 billion Bolloré deal, but faces bidding war for Wincanton
    The carrier's acquisition spree has brought one of France's largest transport and logistics companies into the group, but its bid to acquire UK forwarder Wincanton is being challenged.
  • PayCargo targets invoice automation with Rippey AI acquisition
    PayCargo has taken a majority ownership stake in process automation company Rippey AI to better connect invoicing to payment transactions.
  • J.B. Hunt veteran Shelley Simpson tapped as company's next CEO
    Simpson will become the first woman to take the top job at J.B. Hunt, something many in the industry expected to happen after she was named president 18 months ago.
  • MPV carriers settle into reliable 'new normal' for vessel diversions
    The multipurpose sector is managing security risk, dodging pricey transit fees at the Panama Canal and finding new cargo sources as route diversions globally become routine.
  • Ocean carrier push for carbon pricing mechanism not without risk
    Carriers are advocating in increasingly vocal and high-profile ways to ensure that an effective price on carbon comes out of IMO deliberations and puts regulatory teeth behind its commitment to eliminate carbon emissions from shipping by or around 2050.
  • APM looks to ease trucker woes over New Jersey terminal appointment system
    APM Terminals will make more slots available for retrieving import containers at its Port Elizabeth site as truckers say delays in booking appointments are worsening.
  • Cosco to partner in ONE's upcoming India-US East Coast WIN service: sources
    The move makes sense, according to a Mumbai-based source, as ONE needs a partner to fill space and Cosco needs a strong service out of India.
  • Carrier on-time service levels plummeted in January amid Red Sea crisis
    A drop in schedule reliability was expected on trade lanes such as Asia-Europe and Asia-US East Coast, but the diversions around southern Africa have also affected routes not directly connected to the Red Sea.
  • New Saudi feeder line to tap into Red Sea-driven changes in demand
    Folk Maritime's stated goal is to "fill an essential void" in the regional maritime market, with its launch coinciding with heavily disrupted container shipping flows.
  • RK Logistics joins wave of 'tuck-in' acquisitions to reach East Coast
    As California-based RK Logistics' high-tech customers move east to new markets, the logistics provider is following by buying New York-based On Time Trucking.

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TradeWinds web site
FEBRUARY 29, 2024
  • Broker BRS calls time on the boom in values of older tankers
    Company believes geopolitical pendulum has swung away from veterans to younger models
  • New Fortress declares its FLNG project as 'fastest on the planet'
    Company switching to next facility on shore as it awaits first export cargo from offshore unit in April
  • Excelerate Energy eyes up vessel acquisitions and newbuildings
    Houston-based regasification specialist also pursuing investments in LNG terminals and downstream infrastructure
  • Seaways sees rates improve across diverse fleet as another strong quarter looms
    Manhattan-based owner expects to have all six Wayzata MR acquisitions operating in first half of 2024
  • Golar LNG secures 2027 delivery slot for next-up LNG-to-FLNG conversion
    Company plans separate listing for flare gas-to-LNG venture Macaw Energies
  • Frontline boss Barstad says Red Sea is 'a proper mess' due to 'random' attacks
    Tanker owner's boss says every vessel could be a target for the Houthis
  • Marsh and Markel combine to set up new marine insurance facility
    New follow form facility will cater for Marsh's global marine portfolio
  • Pondering the 'absurd': Bank analysts trade blows over Teekay Tankers
    This week's Streetwise takes a look at what's to blame for a big sell-off in Teekay stock following strong earnings
  • India calls for extra powers from UN to tackle Somali piracy
    The country's navy was involved in an operation to retake the bulker Lila Norfolk after it was seized by armed group
  • Grindrod Shipping sheds another older bulker as rates rise
    Singapore owner sells 2011-built handysize and reveals better forward bookings
  • International Seaways confirms six-MR tanker swoop
    New York-listed shipowner used shares for 15% of deal price
  • CMA CGM completes €4.85bn buy of Bollore Logistics
    Takeover of French logistics peer marks the biggest acquisition in CMA CGM's history
  • Herbjorn Hansson just wants to talk 'upward slope' of Nordic American Tankers success
    Quarterly profit drops to close out 2023, but company trumpets full-year results and future prospects
  • New Fortress Energy fires up its FSRU-based Barcarena terminal in Brazil
    Company turns in record results but still awaits start-up of its delayed first FLNG unit
  • Cosco Shipping International bounces back to profit
    Singapore-based logistics company is concerned about the impact of economic slowdown
  • Golar LNG signs up 'potential customer' to either its next-up or existing FLNG units
    Company reveals it has ploughed over $1.5bn into conversion floater for BP's delayed project
  • Two Genco Shipping capesizes back on sales block after deal implodes
    New York owner was to receive combined $36.5m from sale of older duo
  • John Fredriksen getting his money back as Frontline refinances 24 tankers in $900m deals
    Cash from recent sales will also be used to clear loans granted by major shareholder
  • Atlantska makes ultramax bulker debut with order in China after takeover by rival
    Croatian owner continues fleet modernisation with deal for two bulkers
  • Altera Shuttle Tankers prices upsized $200m bond issue as it refinances
    UK-based owner's new deal comes in 0.5% under 2025 notes' interest coupon
  • Greek shipowner Victor Restis in UK legal tussle over $46m claim
    Businesswoman Amanda Staveley claims she felt intimidated into signing documents linked to 16-year-old debt
  • Ocean Yield hunts new deals and plots bond issue as profit rises
    Sale-and-leaseback specialist has been busy
  • Norden buys four capesize newbuildings in deal worth over $271m
    Danish firm has been building up its owned and operated fleet of capesizes
  • Damaged Subsea 7 WTIV drags on quarterly earnings, but focus is on future
    Revenue should grow in 2024, the Kristian Siem-backed offshore player says
  • Norden buys four capesize newbuildings in deal worth over $300m
    Danish firm has been building up its owned and operated fleet of capesizes
  • Favourable exchange rates and rise in shipbuilding revenue lift Yangzijiang's net profit
    Higher value contracts see Chinese shipbuilder's revenue increase despite lower number of deliveries
  • BW LPG expects more VLGC volatility after logging best ever quarterly profit
    Singapore owner believes market fundamentals remain sound despite big swings in rates
  • BW Offshore stockpiles cash with ship divestments and share sales
    Moves help FPSO owner push dividend as high as it can go
  • UK inquiry to probe results of shipping sanctions
    Treasury committee calls for evidence about the performance of UK's sanctions regulator
  • Ambitious marine insurer Charterama renews five-year deal with RSA
    Rotterdam-based insurer is aiming to double in size in the coming years
  • Excelerate Energy plans to move from 'strategy to action' in 2024
    Chief executive Steven Kobos flags up transition into growth mode as company turns in end-year results
  • Frontline takes a swipe at owners putting crews at risk with Red Sea transits
    Norwegian owner says 'some actors' still willing to make dangerous passage
  • Euroseas gets juicy charter for newbuilding in rising boxship market
    Red Sea disruption yields lucrative employment for feeder vessel that has yet to be delivered from the yard
  • Malaysia's MISC sees fourth-quarter profit dip on higher costs and taxes
    But shipowner remains upbeat for prospects in tanker and LNG markets
  • Frontline reveals jump in first quarter rates as it sees first boost from Euronav VLCCs
    John Fredriksen's tanker giant says earnings capacity has grown by more than a third after acquisition
  • 'Measured' amount of shuttle tanker ordering 'imperative', KNOT Offshore Partners says
    Boss Derek Lowe argues that contracting at shipyards is a sign of confidence in the sector
  • Okeanis Eco Tankers posts record annual profit as a listed company
    Alafouzos family-controlled firm also raises dividend as fourth-quarter profit rebounds
  • Eastern Pacific confirms orders for ammonia dual-fuel newcastlemax bulkers at Chinese yard
    Shipowning giant firms up long-mooted bulker orders and declares an option for two LNG dual-fuel tankers
  • Eastern Pacific confirms orders for ammonia dual-fuel kamsarmax bulkers at Chinese yard
    As shipowning giant firms up long-mooted bulker order, it also declares option for two LNG dual-fuel tankers
  • Malaysia's MISC sees fourth quarter profit dip on higher costs and taxes
    But shipowner remains upbeat for prospects in both the tanker and LNG markets
  • Ray Car Carriers behind pricey PCTC orders at Hyundai Mipo Dockyard
    The LNG dual-fuel 7,500-ceu PCTCs cost $134m each

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American Shipper web site
FEBRUARY 29, 2024
  • Amazon's return of leased cargo jets hurts ATSG profit
    Air Transport Services Group is taking a more conservative approach to fleet expansion until the air cargo market picks up and customers start leasing additional freighters.
  • Texas, Louisiana ports' January cargo volumes a mixed bag
    Ports in Houston and New Orleans recorded year-over-year increases in cargo volumes during January, while Corpus Christi, Texas, saw a slight decline.
  • CBNC supply chain reporter, daughter pen book on family histories of slaves
    While visiting Monticello, the home of Thomas Jefferson, Lori Ann LaRocco and daughter Abby Wallace learned about families who were enslaved at the site.

››› File
FROM THE HOME PAGE
Shipowners call for suspending the application of the EU ETS to the maritime sector.
Brussels
Messina speaks of the ideological shortsightedness of a part of the Commission that relies on partial and imprecise market monitoring
Federlogistica expresses concern over the proposed Genoese tax on maritime passengers.
Genoa
Concerns for the overall balance of the national port ecosystem and for the operational choices of shipowners
SEA Europe disappointed by the failure to recognize the maritime manufacturing industry as a strategic sector for the EU
Port of Palermo: Administrative violations amounting to one million euros related to boating and concessions
Palermo
Over 265 vessels used for rental purposes without mandatory insurance were identified.
EU transport ministers approve incentives for trucks by amending the directive on dimensions and weights.
EU transport ministers approve incentives for trucks by amending the directive on dimensions and weights.
Brussels
Road haulage - CER, ERFA, RFF, UIP, UIRR and UNIFE denounce - can expect economic gains, but the company will have to wait for a reduction in the environmental impact of logistics.
First LNG refueling of a ferry in the port of Genoa
Genoa
500 cubic meters of bioLNG delivered to the new vessel "GNV Virgo"
ONE appoints new agency in Albania
London
Centralog Albania is based in Durres and will be fully operational by the end of the month
Genoa-based shipping broker Lockton PL Ferrari expands its operations into other sectors.
Genoa
New segments Natural Resources, Oil & Gas and Construction & Real Estate
Giampieri (Assoporti): Italy's widespread port system requires a single, stable control room.
Rome
The port reform - he stated - can be a great opportunity for all of us
Lufthansa Cargo and Swiss WorldCargo have signed a strategic cooperation agreement.
Frankfurt/Zurich
Synergies are expected in both the commercial and operational fields
Agreement to end EU dependence on Russian energy
Brussels
The Council-Parliament agreement provides for a gradual but definitive elimination of Russian gas imports by the end of 2027.
Assiterminal confirms its appeal to the Regional Administrative Court (TAR) regarding the indexation of concession fees.
Genoa
108 member companies reached
The ITF urges the Dutch Court of Appeal to correct its preliminary findings on maritime work.
London
Port of Piombino, the regasification terminal has created both opportunities and obstacles
Livorno
Gariglio: It is necessary to know if and for how long the "Italis LNG" will remain in port.
Fincantieri signs a memorandum of understanding on its production model and procurement.
Rome/Trieste
A step forward - underline Fim, Fiom and Uilm - for the regulation and control of the supply chain system
The Port Authority of Genoa and Savona opposes the introduction of a three-euro municipal surcharge on ferry and cruise boarding fees.
Genoa
Cargo traffic in Chinese seaports grew by 3.8% last October.
Cargo traffic in Chinese seaports grew by 3.8% last October.
Beijing
International volumes increased by 8.9%. Container traffic amounted to 26.4 million TEUs (+8.0%).
The composition of the International Maritime Organization's council has been renewed.
London
Rixi: Italy was once again the most voted nation
Quarterly decline in general cargo traffic at the ports of Genoa and Savona-Vado
Genoa
During the July-September period, solid bulk cargoes also decreased. Liquid cargoes increased.
The large port of Syracuse will be equipped with a new maritime station
Assologistica applauds the approval of the new rules on pallet exchanges.
Milan
Potential savings of at least 70 million euros are estimated
Giuseppe Grimaldi confirmed as Secretary General of the Central Tyrrhenian Port Authority
Naples
Unanimous resolution of the Management Committee
Hiab acquires Brazilian loading crane supplier ING Cranes.
Helsinki
The company has 250 employees and a turnover of approximately 50 million euros.
Norwegian MPC Container Ships' revenues fell by 5.0% in the third quarter.
Oslo
Net profit was $53.6 million (-15.8%)
The Algerian port of Skikda will be equipped with a new 600,000 TEU container terminal
Algiers
It will be built as part of the oil port expansion project
Port of Rotterdam plans offshore wind terminal
Rotterdam
A public consultation has been launched
ZIM is evaluating several proposals for the purchase of the company
Haifa
Receipt of the offer submitted by Glickman and Ungar confirmed
Hapag-Lloyd and Maersk have not set a date for the return of their ships via Suez
Copenhagen/Hamburg
Maersk announces the return of its ships through the Suez Canal starting next month
Ismailia
In October, transits remained unchanged. A 16% increase is expected in November.
After 2035, Russian cargo traffic on the Arctic route could decrease
Diana Shipping offers to acquire all of Genco Shipping & Trading Ltd.
Athens/New York
Planned investment of $758 million for the remaining 85.2% of the capital
At the IMO assembly, Rixi acts as a lobbyist for the party opposed to the European Union ETS system.
London
The election of the new council of the International Maritime Organization is on Friday.
Macquarie Asset Management submits an offer to acquire Australian logistics group Qube Holdings
Sydney
Proposal worth $7.5 billion
HMM orders eight 13,400 TEU containerships from HD Hyundai Group
Seoul
Six will be built by HD Hyundai Samho and two by HD Hyundai Heavy Industries
Companies inform
Accelleron calls for cross-sector action to unlock carbon-neutral fuels for shipping
G20 economies' merchandise trade growth in the July-September quarter
Paris
Exports and imports of services are also increasing
Freewheels: New rules on payment times leave hauliers without protection.
Modena
They do not address - explains Franchini - the heart of the problem: the disproportion of bargaining power between clients and small carriers.
The Trump administration unveils a plan for the massive exploitation of offshore oil and gas fields.
Washington
The program covers areas of the outer continental shelf amounting to approximately 514 million hectares.
In the July-September quarter, ZIM's revenues decreased by -35.7%
In the July-September quarter, ZIM's revenues decreased by -35.7%
Haifa
Fleet volumes fell by 4.5%. Performance in the Asia-Europe market was very negative.
Fincantieri granted additional areas in the port of Ancona
Ancona
The company is committed to implementing a modernization and development program for the shipyard at the port of Portorož.
Assogasliquidi-Federchimica, LNG and bioGNL are strategic for the energy transition of shipping and road haulage.
Legora (Uniport): the objective of greater national coordination envisaged by the port reform is positive, but there is concern over the lack of dialogue
Legora (Uniport): the objective of greater national coordination envisaged by the port reform is positive, but there is concern over the lack of dialogue
Rome
He underlined that discussion, vision and urgent interventions are needed for the competitiveness of Italian ports.
New measures in Switzerland to promote the shift of freight from road to rail
Bern
They will be introduced to strengthen the new transalpine railway Alptransit and to encourage rail and intermodal transport
HMM and BGN joint venture for liquefied petroleum gas transportation
Seoul
The new company will charter two new 88,000 cubic meter VLGCs
Slight decline in freight traffic in the ports of Barcelona and Valencia in October
Barcelona/Valencia
Container cargo fell by -2.5% at both ports
Green light for a new site for sediments from excavations in the Venice Lagoon.
Venice
New expansion in sight for the Greek shipyard in Eleusis
Athens
Financial support from the US International Development Finance Corporation
In the third quarter, freight traffic in the port of Hamburg grew by +3%
Hamburg
Container traffic on the rise thanks to increased transhipments
In the July-September quarter, CMA CGM's revenues decreased by -11.3%
Marseille
Record volumes of goods transported by the container fleet
The EU will abolish customs duty exemptions for goods worth less than €150.
Brussels
A temporary solution is being studied to make the measure effective as early as 2026.
BIMCO: Legal disputes threaten to hinder progress in ship recycling industry
London
Over the next decade, 16,000 ocean-going vessels will have to be scrapped, more than double the number of ships scrapped in the decade just ending.
Significant resources for the expansion of the port of Bremerhaven, also for military purposes
Bremen
Approved financing of approximately 1.35 billion euros
In the July-September quarter, freight traffic in the port of Koper decreased by -4.9%
Ljubljana
Container growth
HMM reports a 23.8% decline in quarterly revenues
HMM reports a 23.8% decline in quarterly revenues
Seoul
In the period July-September the fleet of the South Korean company transported over one million TEUs (+3.7%)
Hapag-Lloyd's revenues fell by 11.3% in the third quarter.
Hapag-Lloyd's revenues fell by 11.3% in the third quarter.
Hamburg
The fleet transported more than 3.4 million containers (+6.1%). During the period, traffic handled by HHLA port terminals grew by +4.5%.
Salvini signs the nomination of eight more presidents of Port System Authorities
Rome
The Chamber of Deputies approved Consalvo's appointment as president of the Eastern Adriatic Port Authority.
Evergreen orders 14 14,000 TEU dual-fuel containerships
Taipei
Series of orders also for eight ship-to-shore cranes and other port equipment and for 90,500 containers
In the third quarter, the value of new orders acquired by Fincantieri grew by +44%
Trieste
MSC Cruises orders two more World-class ships from Chantiers de l'Atlantique
MSC Cruises orders two more World-class ships from Chantiers de l'Atlantique
Geneva
The contract is worth €3.5 billion. Delivery will take place in 2030 and 2031.
Evergreen, Yang Ming and WHL reported negative quarterly financial performances.
Taipei/Keelung
In the period July-September, revenues fell by -36.6%, -42.2% and -35.7% respectively.
In the July-September quarter, cargo traffic in Croatian ports decreased by -4.4%
Zagreb
Passengers on scheduled services decreased by 1.5%. Cruise passengers increased by 7.8%.
In the third quarter, Eurogate and Contship Italia port terminals handled 3.6 million TEUs (+15.6%)
In the third quarter, Eurogate and Contship Italia port terminals handled 3.6 million TEUs (+15.6%)
Hamburg
Historic traffic record in Wilhelmshaven
In the first nine months of 2025, goods in the port of La Spezia increased by +4.5%
La Spezia
Growth of +6.9% at the port of Marina di Carrara
Finnlines' revenues grew by 3.2% in the July-September period
Helsinki
Record passenger numbers onboard the fleet's ships. Cargo volumes decline.
Houthi militias announce cessation of attacks on ships in the Red Sea
Riyadh
Letter from the Chief of Staff to the Hamas Qassam Brigades
In the third quarter, traffic in the port of Venice decreased by -2.2%
Venice
Miscellaneous cargo is increasing. Bulk cargo is decreasing.
Fincantieri to build ultra-luxury cruise ship for Regent Seven Seas Cruises
Trieste
Order from NCLH worth between 500 million and 1 billion euros
Today Washington and Beijing suspended their mutual measures against ships
Beijing/Washington
Application of additional taxes postponed by one year
The Suez Canal was crossed by the largest container ship in the last two years
Ismailia
The transit of the "CMA CGM Benjamin Franklin" on Saturday
EU shipping emissions hit record levels, T&E reports
Brussels
The association reiterates its proposal to extend the ETS to smaller vessels
In September, freight traffic in the port of Ravenna increased by +18.3%
Ravenna
In the third quarter of 2025, growth was +10.6%. A +58% increase in cruises is expected in 2026.
In the first nine months of 2025, freight traffic in the ports of the Southern Adriatic system decreased by -7%
Sea-Intelligence: Marked deterioration in the westbound transatlantic shipping market
Singapore
Last year, 13 seafarers died in accidents involving EU vessels.
Luxembourg
Nine deaths occurred on board fishing vessels
The European Parliament and the Council have reached an agreement on the calculation of greenhouse gas emissions from transport.
Brussels
Incentives are foreseen for small and medium-sized enterprises
The English port of Shoreham has won the ESPO Award for Social Integration of Ports.
Brussels/Rome
Assoporti received a special mention for its project on gender inequalities.
In the third quarter, the Ocean division of the Maersk group recorded a decrease in revenues of -17.4%.
In the third quarter, the Ocean division of the Maersk group recorded a decrease in revenues of -17.4%.
Copenhagen
Container ship volumes increased by 7.0%. The Danish company highlights the benefits of the VSA Gemini Cooperation.
The Chamber of Deputies has approved the final text of the proposed law on interports
Rome
Applause from the United Interports Union
ECSA and T&E welcome the STIP plan presented by the European Commission
Brussels
CER applauds measures to accelerate the development of high-speed rail
Only one proposal admitted to the competition for the construction of mooring points outside the protected waters of the Venice lagoon
Venice
It will now have to be developed by the proposing entity
The European Commission presents the plan to ensure the sustainability of maritime and air transport by guaranteeing the production of the necessary alternative fuels
Brussels
The one to accelerate the development of high-speed rail is also ready
In the third quarter, naval traffic in the Suez Canal grew by +2.5%
In the third quarter, naval traffic in the Suez Canal grew by +2.5%
Cairo/Ismailia
10.6% increase in transits in September
The first freight train opens the new Austrian Koralm railway line.
Villach
The infrastructure is part of the European Baltic-Adriatic Corridor
Lineas and FS Logistix have inaugurated the Modalink terminal joint venture.
Antwerp
Five weekly train rotations between Antwerp and Milan
Marcel Theis will be the new CEO of SBB Cargo International from January 1st.
Olten
He will take over from Sven Flore
In October, freight traffic in the port of Ravenna grew by +13.4%
Ravenna
A rise of +14.5% is expected in November
The conflict over the Genoa Municipality's additional tax on port boarding fees is escalating.
Genoa
Assarmatori, Assagenti, CLIA, Confindustria Genova and Confitarma will not participate in the technical meeting announced by the mayor.
Bulgaria, Greece, and Romania reach agreement on enhanced cooperation within the Black Sea-Aegean Corridor
Brussels
Acceleration of implementation of transport axis projects expected
The Port of Barcelona plans to halve its CO2 emissions by 2030
Barcelona
Private investments of 920 million euros and public investments of 780 million are expected.
Fincantieri reaches agreement with Bahraini ASRY to collaborate in the shipbuilding sector
Trieste
They will evaluate opportunities for the construction of naval vessels and offshore units
Salis: The municipal surcharge on boarding fees will not lead to any reduction in traffic.
Genoa
The mayor of Genoa recalls that similar measures have already been activated in other port cities
In the first year of operation, 750,000 tons of goods passed through the Parma Interporto railway terminal
Parma
Over 800 trains moved
The five ships put up for sale by Moby were sold for €229.9 million.
Vicenza
A bid equal to the starting price was submitted
PSA Italy expects to close 2025 with further growth in container traffic
Genoa
Brussels approves African joint venture between MSC and NYK
Brussels
European Commission clears Yusen Logistics' acquisition of Movianto International
Port of Genoa fines luxury cruise megayacht Vidantaworld's Elegant
Genoa
Serious violations of European ship recycling legislation found
Consalvo appointed president of the Eastern Adriatic Sea Port Authority
Trieste
He is the general manager of Aeroporto Friuli Venezia Giulia Spa
Promoting sustainable development and the energy transition process of the Port of Taranto
Taranto
This is provided for in an agreement between the AdSP of the Ionian Sea and GSE
The Northern Tyrrhenian Port Authority (APSP) will be in Oran to present its Mediterranean Green Corridors development project.
Livorno
Among the objectives, the consolidation of relations with Algeria
The tender for the railway shunting service in the ports of Savona and Vado Ligure has been published.
Genoa
The concession duration is set at 60 months
In 2024, passenger traffic in European Union ports increased by +6.2%
Luxembourg
The three ports with the highest traffic volume are Italian
GSL invests $90 million to buy three 8,600 TEU containerships built in 2010 and 2011
Athens
Youroukos: They are the cash cows of the future
RCG launches intermodal link between Bosnia and Herzegovina and the port of Koper
Vienna
The train service to Tuzla is weekly.
The Ministry of the Interior announces an inter-ministerial meeting for the early exodus of port workers.
Rome
The goal is to identify a definitive solution within a certain timeframe.
Christening and delivery of a new PCTC of the Grimaldi Group
Naples
The "Greater Istanbul" has a cargo capacity of 9,241 CEUs
GNV strengthens its ferry service on the Naples-Palermo route.
Genoa
By December 19, the capacity on the line will increase to over 6,000 linear meters
The Marseille-Fos Port Authority will invest €1-1.3 billion by 2029.
Marseille
Agreement with MSC for the expansion of the Fos 2XL container terminal
Port workers are holding a demonstration in Rome today to demand the establishment of a Fund to support the exodus.
Rome/Genoa
The general assembly of the Sustainable Intermodal Logistics Association will be held tomorrow in Rome.
Rome
The meeting at the Auditorium Parco della Musica
Cisl and Fit Cisl Savona, for Vado Gateway 2025 has proved to be a substantially positive year
Savona
Seeking opportunities with the reopening of the Suez Canal and the recovery of some markets
In the first nine months of 2025, freight traffic in the port of Tanger Med grew by +14.9%
Anjra
118 million tons of cargo moved
Assarmatori welcomes the new regulations, which are very important for shipping companies and maritime workers.
Rome
Zanetti (Confitarma): The Simplification Decree offers more modern tools to our businesses.
Rome
Listen - he underlined - to the needs of our industry
Spediporto's conference "Take opportunities navigating trade tensions" will be held in Genoa on December 1st and 2nd.
Genoa
It will be held at the Conference Hall of Banca Bper
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
National Maritime Fund: The House of Representatives approved the legislation.
Genoa
D'Amato: Measures expected for our seafarers and the competitiveness of the national fleet
Potassium permanganate seized at the Port of Genoa as part of the fight against drug trafficking.
Genoa
Operation by the Customs and Monopolies Agency and the Financial Police
Fincantieri cancels orders for four U.S. Navy frigates
Trieste
Further orders are expected for the construction of new classes of naval units
The Northern Tyrrhenian Port Authority met with the port cluster to discuss the new sustainability report.
Livorno
The Italian Merchant Marine Academy celebrates its first 20 years
Genoa
During this period, 3,660 students from all over Italy graduated.
Crédit Agricole Italia financed the construction of the Grande Tianjin ship for Grimaldi Euromed.
Naples/Parma
Hapag-Lloyd expects next 45% increase in EU ETS surcharge
Hamburg
The Emissions Trading System will enter into full force on January 1st.
European Commissioner Tzitzikostas visited the Monfalcone shipyard
Trieste
Upcoming measures announced to strengthen the sector's competitiveness, resilience, innovation, and technological leadership.
The trial against Damen for alleged corruption and sanctions violations begins today
Amsterdam
The company expresses disappointment with the protracted investigation and anticipates a lengthy legal battle.
AD Ports Group has acquired a 19.3% stake in Egypt's Alexandria Container & Cargo Handling Co.
Cairo/Abu Dhabi
Saudi Egyptian Investment Company's share purchased
Corsica Sardinia Ferries has purchased the Stena Vision ferry
Vado Ligure
It will be renamed "Mega Serena"
In 2024, the turnover of the main Italian port container terminals grew by +8.1%
Milan
Traffic increased by +3.4%
Work has begun to increase container traffic capacity at the port of Thessaloniki by 40%.
Thessaloniki
The expansion of Pier 6 will be completed in 40 months
A precautionary seizure of over €100 million has been ordered against Liberty Lines.
Trapani
BLS Cargo urges Switzerland to exert tangible pressure on German rail infrastructure stakeholders.
Bern
The company denounces the dire situation of transalpine rail freight transport. Further incentives requested.
Livorno is confident in the additional one hundred million euros promised by Salvini to build the Darsena Europa.
Livorno
Salvetti: I asked how we intend to proceed with the future assignment to private individuals who have expressed interest.
The Chinese embassy in Greece responds to alleged American ambitions in the port of Piraeus.
Athens
Beijing speaks of a Cold War mentality and a hegemonic logic
The procedure for requesting access to the third year of the Sea Modal Shift grant has been activated.
Rome
Applications must be submitted by December 17th
US cruise group Viking reports strong quarterly performance growth
Los Angeles
The July-September period closed with a net profit of 514.0 million dollars (+35.4%)
Guido Pietro Bertolone is the new president of Fedit
Rome
He takes over from Giuseppe Cela, outgoing president and currently head of Fedit Servizi
Latrofa (AdSP Lazio): the ZLS will make our ports even more attractive for investors, logistics operators, and businesses.
Civitavecchia
The tool - he highlighted - can lead to a qualitative leap in terms of logistical and industrial competitiveness
Container traffic continued to decline at the ports of Los Angeles and Long Beach in October
Los Angeles/Long Beach
Cordero: Consumers will likely see price escalation in the coming months
Pasquale Legora de Feo has been confirmed as president of Uniport
Rome
New Technical Commission for "Cruises and Passengers" established
The expansion of the Suez Canal Container Terminal was inaugurated on Sunday.
Port Said
Capacity increase of 2.2 million TEUs per year
Katoen Natie to acquire 80% of French firm Bils-Deroo Solutions
Luxembourg
The logistics company has nearly 1,500 employees
Danaos Corporation closed the third quarter with a net profit of $130.6 million (+6.2%)
Athens
Revenues up 1.8%
In the first nine months of 2025, Circle's production value increased by +80%
Milan
As of September 30, the value of the group's multi-year backlog had grown by +66%.
APM Terminals to build and operate Laldia Container Terminal at Chittagong Port
Dhaka/The Hague
30-year concession contract signed
MPCC orders four new 4,500 TEU containerships from China
Oslo
The contract unit price is $58 million.
In October, the port of Singapore handled 31.2 million tonnes of containerized cargo (+1.0%).
Singapore/Hong Kong
In the port of Hong Kong, traffic amounted to 1.1 million TEUs (-6.9%)
DHL Group revenues decreased by 2.3% in the third quarter
Bonn
Net profit was 888 million euros (+9.5%)
Fincantieri and KAYO sign agreement for the construction and maintenance of military vessels in Albania.
Trieste
CMA Terminals (CMA CGM Group) to acquire 20% of Container Terminal Hamburg
Marseille/Hamburg
Agreement with the German Eurogate
The Municipality of Civitavecchia denounces that the Fiumicino cruise port project undermines the foundations of the law on ports
Rome/Civitavecchia/London
The project - Cruise Terminals International underlines - will be a pillar of the sustainable development of Fiumicino
Over 175 kilos of cocaine seized at the port of Gioia Tauro.
Reggio Calabria/Cagliari
Over 8,500 counterfeit items intercepted at Cagliari's Porto Canale
Global Ship Lease reports record quarterly revenue again
Athens
Youroukos emphasizes the solidity and excellent prospects of the small and medium-sized containership market
In the third quarter, Montenegro's ports handled 675 thousand tons of goods (+4.1%)
Podgorica
80.0% growth in cargoes to Italy
Svitzer acquires 66.6% of Norwegian towing company Buksér og Berging
Copenhagen
It has a fleet of approximately 35 tugboats and 25 pilot boats
The keel-laying ceremony for the new oceanographic vessel Arcadia took place in Piombino.
Piombino
Construction entrusted to T. Mariotti
The Management Committee of the Central Adriatic Port Authority has approved the 2026 budget forecast.
Ancona
An administrative surplus of 32.2 million is expected
Cruise passenger traffic at GPH terminals stable in the summer quarter
Istanbul
1,503 stopovers were recorded (+9.6%) for a total of 4.66 million passengers (+0.8%)
The UNIPORT public meeting will be held in Rome on November 19th.
Rome
Among the topics at the centre of the meeting was the port system reform project.
Ocean Network Express establishes its own shipping agency in Greece
Singapore
It will take over the activities of the ENA Shipping Agency
Regional Container Lines orders two new 14,000 TEU containerships from KSOE
Bangkok/Seongnam
MSC includes calls at Bremerhaven, Limassol and Beirut in the Levante Express service
Geneva
The line connects Northern Europe with the Mediterranean
AD Ports to acquire 20% stake in Latakia International Container Terminal
Abu Dhabi
Agreement with the CMA CGM shipping group
The Eastern Liguria Port Authority approves the 2026 budget and three-year plan.
La Spezia
The decree has been signed to begin construction on the new high-voltage electricity grid in the port of La Spezia.
A new SDC Customs Service Containers warehouse has opened in Porto Marghera.
Venice
It will be used for the storage and movement of goods at room temperature
Moby is selling five ferries at a starting price of €229.9 million.
Vicenza
Sale and lease-back agreement expected for two of the vessels
d'Amico International Shipping's quarterly financial results decline
Luxembourg
Mottola Crossbow: The fundamentals of the tanker industry remain solid.
ICTSI posts record quarterly financial and operating performance
Manila
In the period July-September, container traffic in the group's terminals grew by +12.3%
Denmark's DFDS to cut 400 jobs
Copenhagen
The group is looking for a new CEO. Record revenues were recorded in the July-September quarter.
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
Spediporto's conference "Take opportunities navigating trade tensions" will be held in Genoa on December 1st and 2nd.
Genoa
It will be held at the Conference Hall of Banca Bper
The National Maritime Fund has organised a meeting with the ITS Mare and the maritime training centres
Rome
It will be held on December 3rd in Rome
››› Meetings File
PRESS REVIEW
Three UAE Firms Eye Investment In Kenya's Port, Renewable Energy, And Shipping Projects
(Capital FM Kenya)
Foreign firms to operate 3 terminals under Ctg Port for up to 30 years; deals by December
(The Business Standard)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
CEVA Logistics has completed the acquisition of Turkey's Borusan Logistics.
Marseille
Operation worth 383 million dollars
1,100 cars from the Chinese car manufacturer Dongfeng were unloaded in the port of Livorno
Livorno
Traffic is managed through the "Il Faldo" logistics area operated by XCA
Assiterminal, the MIT note clarifies that the 90-minute grace period applies only to waiting times
Rome/Genoa
Ferrari: The Conference of Port Authority Presidents could consider a sort of national program agreement.
Harren assigns a single brand to its heavy lift companies
Bremen
The fleet of 80 vessels will be operated under the single SAL brand.
Wallenius Wilhelmsen's revenues fell by 2% in the third quarter.
Lysaker
Net profit was $280 million (+8%)
ESPO has presented its new annual environmental report
Brussels
Climate change remains the top priority for European ports to address
Over €60 million from the PNRR for the ports of Naples and Salerno
Rome
Rixi: Let's make more effective use of European resources and accelerate the implementation of strategic projects.
Agreement between Escola Europea and DLTM to promote international mobility and maritime training
La Spezia
Synergies between the Ligurian maritime cluster and the port and training community of Barcelona
CMA CGM to register ten new 24,212 TEU containerships in the French International Register
Marseille/Copenhagen
The company will take delivery of them starting from 2026
UPS has completed its acquisition of Canada's Andlauer Healthcare Group.
Atlanta/Toronto
Operation worth 1.6 billion dollars
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