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13 September 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

news on subscription
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
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
Companies inform
Accelleron and Geislinger: An Evolving Technical Collaboration
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
COSCO Shipping Holdings Group's revenues fell by -3.4% in the second quarter of 2025.
COSCO Shipping Holdings Group's revenues fell by -3.4% in the second quarter of 2025.
Shanghai
Sharp decline in economic performance in the trans-Pacific and Asia-Europe markets
For Federlogistica, the bridge over the Strait of Messina will have the miraculous power to gradually eliminate a framework of social injustices.
For Federlogistica, the bridge over the Strait of Messina will have the miraculous power to gradually eliminate a framework of social injustices.
Genoa
Falteri: it can become the artery of an economic and social body that has been underdeveloped to date
SBB CFF FFS Cargo's half-year performance was negative.
Bern
The Swiss company announced a drop in volumes in both domestic and transit traffic.
COSCO Shipping Ports reports record quarterly revenue
Hong Kong
In the April-June period, net profit was 122.4 million dollars (+32.4%)
Cargo traffic at Chinese seaports hit a new record high in July
Cargo traffic at Chinese seaports hit a new record high in July
Beijing
Foreign traffic amounted to 427.6 million tonnes (+6.1%)
South Korea's HD Hyundai Heavy Industries Co. and HD Hyundai Mipo Co. to merge
Seoul
The completion of the operation is expected for next December 1st.
Filt Cgil, priority should be given to valorizing AdSP workers rather than assigning positions
Rome
The union denounces the failure to comply with the National Collective Labour Agreement
In the second quarter of this year, freight traffic in the port of Venice grew by +4.1%
Venice
There were 228 thousand cruise passengers (+12.8%)
COSCO Shipping International's revenues increased by 10.3% in the first half of the year.
Hong Kong
Net profit was HK$494.6 million (+26.0%)
G20 nations' merchandise trade showed modest growth in the second quarter
Geneva
The increase in trade in services was more pronounced
South Korea's HD Hyundai announces multibillion-dollar investment program to revitalize the U.S. shipbuilding industry.
South Korea's HD Hyundai announces multibillion-dollar investment program to revitalize the U.S. shipbuilding industry.
Seongnam
Agreements with the US investment firm Cerberus Capital and the Korea Development Bank
MSC World Europa cruise ship crashes off the coast of Ponza
Rome
The Coast Guard reports that the situation on board, where there are 8,585 people, is calm and under control.
MSC World Europa has resumed autonomous sailing
Rome
Electrical problem solved, the cruise ship is headed for the port of Naples
PostEurop warns that from August 29, shipments of goods to the USA could be limited or suspended
Brussels
Last month, Trump eliminated tariff exemptions for low-cost goods.
Chinese oil company OOIL sees growth in its half-year financial results.
Hong Kong
In the first six months of this year, revenues increased by +5.0%
Premier Alliance to split Mediterranean Pendulum 2 service next month
Seoul/Singapore/Keelung
Investment firm CVC Capital Partners exits Boluda Maritime Terminals and TTI Algeciras
Schiphol
The two terminal companies manage a total of nine Spanish port terminals
ZIM's quarterly economic and operating performance declines
ZIM's quarterly economic and operating performance declines
Haifa
In the period April-June the average value of freight rates fell by -11.6%
Interferry's Entry/Exit System risks delaying ferry operations at European ports.
Victoria
The system will come into force on October 12th
DFDS closes second quarter with a loss
Copenhagen
In the period April-June 2025 the fleet transported 10.6 million linear meters of rolling stock (-0.4%)
Ammonia and methanol are ready to decarbonize shipping, but some obstacles to their use must be removed.
New record quarterly results for the American cruise group Viking
New record quarterly results for the American cruise group Viking
Los Angeles
The April-June period closed with a net profit of 439.2 million dollars (+182.2%)
Container traffic in the port of Barcelona grew by 1.8% last month.
Barcelona
202,321 TEUs handled at loading and unloading (+10.4%) and 142,492 TEUs in transit (-8.3%)
In the second quarter of 2025, freight traffic in the Port of Hamburg grew by +4%
In the second quarter of 2025, freight traffic in the Port of Hamburg grew by +4%
Hamburg
Sharp increase in transshipment container volumes (+26%)
Norway's Xeneta has bought Denmark's eeSea
Oslo
Both companies provide data and information for the optimization of containerized maritime transport
In the April-June quarter, freight traffic in Tunisian ports decreased by -3.8%
La Goulette
In the first six months of 2025, 13.8 million tonnes were handled (-3.2%)
Port of Koper sets new quarterly records for containers and rolling stock
Ljubljana
In the period April-June, 5.6 million tons of goods were moved (-4.1%)
Port of Los Angeles hits record monthly container traffic
Los Angeles
Over one million TEUs were handled in July (+8.5%)
Hapag-Lloyd reports second quarter increases of +2.0% in revenues and +12.4% in containers transported by the fleet
Hapag-Lloyd reports second quarter increases of +2.0% in revenues and +12.4% in containers transported by the fleet
Hamburg
Net profit fell by -39.4%
Evergreen reports an 18.7% drop in quarterly revenues
Taipei
The April-June period closed with a net profit decrease of -62.9%
South Korean company HMM's revenues fell by 1.5% in the second quarter.
Seoul
Trump announces rejection of IMO's shipping decarbonization program
Washington
The proposed framework - it is denounced - is in effect a global carbon tax that affects Americans and is imposed by an irresponsible United Nations organization.
Taiwanese companies Yang Ming and Wan Hai Lines reported negative results in the second quarter.
Taiwanese companies Yang Ming and Wan Hai Lines reported negative results in the second quarter.
Keelung/Taipei
In the period April-June, revenues decreased by -26.5% and -8.7% respectively
Cruise traffic at Global Ports Holding terminals grew by 6.0% in the second quarter
Istanbul
In the first six months of 2025, an increase of +16.7% was recorded
In the period April-June, cargo traffic in Croatian ports decreased by -4.0%
Zagreb
Cruise passengers grow by +5.4%
Container traffic at US ports is expected to plummet in the second half of this year.
Washington/Long Beach
In July, the Port of Long Beach handled 944,000 TEUs (+7.0%)
ThyssenKrupp shareholders approve spin-off of ThyssenKrupp Marine Systems
Eat
The company will be listed on the Frankfurt Stock Exchange
WTO: Measured responses have cushioned the impact of tariffs in 2025, but risks remain high for 2026.
WTO: Measured responses have cushioned the impact of tariffs in 2025, but risks remain high for 2026.
Geneva
Global trade in goods is expected to grow by 0.9% this year
Hupac will increase the number of weekly rotations between Busto Arsizio and Basel from five to eight
Noise
Increase in attendance from September 1st
From January 1st, new bunkering regulations will apply in the ports of Rotterdam and Antwerp.
Rotterdam
The barges must be equipped with flow meters
Maersk reports higher quarterly revenue, lower earnings
Maersk reports higher quarterly revenue, lower earnings
Copenhagen
Terminals and logistics have made a positive contribution. Container shipping benefits from demurrage revenues.
The CIPESS has approved the final project for the bridge over the Strait of Messina.
Rome
Construction will begin this year and the project will be completed in 2032.
DHL Group revenues fell by 3.9% in the second quarter
DHL Group revenues fell by 3.9% in the second quarter
Bonn
Significant reduction in shipments from China and Hong Kong to the US due to Trump's abolition of the de minimis regime
The Grendi group has acquired 70% of Dario Perioli Spa
The Grendi group has acquired 70% of Dario Perioli Spa
Milan
The remaining 30% will remain with Fingiro, owned by Michele Giromini, the company's CEO.
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
In the second quarter, sales of dry containers produced by CIMC fell by -33%.
Hong Kong
Reefer boats increase by 57%
The Grimaldi Group has taken delivery of the Grande Shanghai
Naples
It will be used for the transport of vehicles between East Asia and Northern Europe
The ART urges to verify that the investment plan and the related amortization period are consistent with the duration of the port concessions.
Turin
Chinese automaker FAW ships components to Europe by train
Changchun
Transit time reduced to 18 days compared to 45 days for maritime transport
The assets and fleet of the Spanish Armas Trasmediterránea will be sold to Baleària and DFDS
Las Palmas/Dénia/Copenhagen
Two agreements worth €215 million and €40 million respectively have been signed.
Italian State Railways (FS), investing €70 million to install the ERTMS system.
Rome
Work has been completed on 382 Trenitalia trains, while the retrofitting of 60 locomotives from Mercitalia Rail, an FS Logistix company, is underway.
MPC Container Ships' quarterly revenue returns to growth
The second quarter of 2025 was closed with a net profit of 78.1 million dollars (+20.5%)
Plans to build two container customs areas north and south of the Suez Canal
Cairo
Fourteen of the 48 abandoned shipwrecks in Catania port have been removed.
Catania
The activity will be replicated in the port of Augusta
The Regional Administrative Court (TAR) has confirmed the validity of the tender for the new Ravano Terminal in the port of La Spezia.
La Spezia
DP World's port terminals handled record quarterly container traffic
Dubai
Revenues grew by 22.2% in the first half of 2025
In the quarter April-June the volume of rolling stock transported by Höegh Autoliners increased by +9.0%
Oslo
Sharp increase (+46.6%) of vehicles from Asia
South Korea's HD Korea Shipbuilding & Offshore Engineering acquires Vietnam's Doosan Enerbility
Seongnam
It manages an industrial area with its own port facility
Container traffic in the port of Algeciras grew by 6.6% in July
Algeciras
In the first seven months of 2025, a decrease of -2.9% was recorded
In July, the port of Valencia handled 488,000 containers (+6.7%)
Valencia
Increase driven by growth in empty containers
Salvini has appointed Annalisa Tardino as extraordinary commissioner of the Western Sicilian Sea Port Authority.
Rome/Palermo
The President of the Sicilian Region announces the appeal against the provision
The materials dredged in the ports of La Spezia and Carrara will be used for the construction of the new breakwater in Genoa.
Genoa/La Spezia
Agreement between the two Ligurian Port System Authorities
X-Press Feeders denounces authorities' failure to acknowledge responsibility in the X-Press Pearl accident
Singapore
According to the company, the Supreme Court ruling ignores international maritime law
Container traffic in the port of Hong Kong decreased by -6.5% in July
Hong Kong
A decline of -3.7% was recorded in the first seven months of 2025
Cargo traffic in Russian ports remained stable in July
St. Petersburg
In the first seven months of 2025, loads decreased by -4.6%
In July, the Port of Singapore set a new all-time record for monthly container traffic with 3.9 million TEUs.
Singapore
In terms of weight, containerized cargo decreased by -3.6%
Compensation to be paid by the Civitavecchia Port Authority in the Fincosit case has been set at €1.5 million.
Civitavecchia
Latrofa: The ruling allows the release of set-aside sums that have frozen the budget for years.
Germany's HHLA posts record quarterly revenue
Hamburg
In the second quarter, the group's port terminals handled 3.2 million containers (+7.9%)
In the first half of 2025, CK Hutchison's port terminals handled 44 million containers (+4.0%)
Hong Kong
In the quarter April-June the Wallenius Wilhelmsen fleet transported 14.8 million cubic meters of rolling stock (-0.5%)
Lysaker
Revenues down by -0.7%
In the second quarter, Montenegro's ports handled 670 thousand tons of goods (+0.6%)
Podgorica
Volumes with Italy amounted to 154 thousand tons (+53.1%)
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
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
With the arrival of the first container ship, the testing of operational procedures at the Rijeka Gateway begins.
The Hague
The first commercial ship is expected on September 12th
A proposal to bring the port of Taranto back onto global container routes? Start a discussion table.
Taranto
Meeting on the status of freight traffic
Port of Ancona: Tender for demolition of fire-damaged Tubimar warehouses
Ancona
The expected duration of the works is four and a half months
Merger of the German MACS and Hugo Stinnes, both active in the MPP vessel segment
Hamburg/Rostock
Stinnes headquarters in Rostock to close by December 31
In the second quarter, freight traffic in Albanian ports grew by +2.9%
Tirana
There were 331 thousand passengers (+13.6%)
A.SPE.DO, operationalizing the Smart Terminal to increase the competitiveness of the port of La Spezia.
La Spezia
ING loans to Premuda for over 100 million dollars
Milan
Funds for the management buyout and the purchase of two product tankers
Sallaum Lines has taken delivery of the first of six Ocean-class dual-fuel PCTCs
Rotterdam
The ship was completed four months ahead of schedule
First meeting of the new Management Committee of the Western Ligurian Sea Port Authority
Genoa
Several measures approved, including those for CULMV and CULP staff
Euroports to operate a new liquid bulk terminal in the French port of Port-La Nouvelle
Beveren-Kruibeke-Zwijndrecht
It is expected to become operational in 2026
In the second quarter, freight traffic in the port of Ravenna increased by +2.6%
Ravenna
Growth of 0.6% was recorded in June. An increase of 4.8% is expected in July.
OsserMare presents five reports on the marine economy
Rome
They focus on a specific sector supply chain or aspect of it
Port of Naples: Road haulage operations resume
Naples
Resolution meeting between institutions, operators and trade associations
ICTSI again reports record quarterly financial and operating results
Manila
Global Ship Lease Reports Record Quarterly Revenue
Athens
In the April-June period, net profit was 95.4 million dollars (+8.4%)
Vard receives new order from North Star for two hybrid SOVs
Trieste
Contract worth between 100 and 200 million euros
The Panama Shipping Registry will no longer accept the registration of oil tankers and bulk carriers over 15 years old.
Panama
Measure to counter the use of the shadow fleet
Danaos Corporation reports record quarterly revenue
Athens
The April-June period closed with a net profit of 130.9 million (-7.3%)
New customs fast corridor between the port of La Spezia and Interporto Padova
Padua
It adds to the other three already active on the same route
ICTSI to operate Indonesia's Batu Ampar Container Terminal
Manila
It is located on Batam Island
Pino Musolino has been appointed CEO of the Alilauro shipping company.
Naples
He replaces the resigning Eliseo Cuccaro
In the second quarter, DIS' time charter revenues fell by -37.1%.
Luxembourg
Net income was $19.6 million (-70.5%)
Wista Italy denounces the exclusion of women from the nominations of port authority presidents.
Milan
Musso: The glass ceiling that prevents women from accessing leadership roles remains.
Austrian Rail Cargo Group is focusing on the development of the Sommacampagna-Sona intermodal terminal.
Vienna
Ten-year agreement
In the second quarter, maritime traffic in the Bosphorus Strait decreased by -6.0%
Ankara
18.1% decline in ships over 200 metres in length
Fifty kilos of cocaine seized at the port of Civitavecchia
Rome
They were hidden inside a reefer container arriving from Ecuador
Trump has eliminated tariff exemptions for low-cost goods for all nations.
Washington
Goods with a value of less than $800 will also be subject to the tax.
Viking Mira was launched at Fincantieri's Ancona shipyard
Trieste
The multi-role frigate "Emilio Bianchi" was delivered to the Muggiano shipyard
The Port Authority of the Central-Northern Adriatic Sea has obtained EMAS registration
Ravenna
Certifies commitment to environmental management and sustainability
MSC Cruises reduces emissions with the support of an energy transition plan
Geneva
The 2024 Sustainability Report has been presented
DSV reports strong growth in financial and operating results thanks to the acquisition of Schenker
Hedehusene
Quarterly record in air and ocean shipment volumes
In 2024, the Fratelli Cosulich group's revenues increased by +12.8%
Genoa
Operating result down by -31.7%
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