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28 April 2025 - Year XXIX
Independent journal on economy and transport policy
19:04 GMT+2
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BRIEFS
August 2, 2024

free news
Exim India web site
AUGUST 2, 2024
  • MALA 2024 all set to be a grand celebration of logistics excellence on August 21 in Mumbai
  • SITC expanding its India coverage with 2 new services
  • DPA asks ship agents to ensure cargo holds are ready for loading, seeks fitness certificate
  • WTO launches digital platform allowing users to view the latest trends in world trade
  • APSEZ kicks off FY25 with strong 47% PAT growth in Q1
  • Exports hit by rising shipping rates, vessel scarcity
  • GDP to expand by 7.5 pc in FY25: Ind-Ra
  • Minister gives overview of maritime sector advancements
  • Govt hikes Customs duty on chemicals from 10 pc to 150 pc
  • Cotton exports surge 68 pc
  • New industrial hubs proposed at 12 locations along key freight corridors
  • CHENSAA AGM discusses key issues

free news
International Transport Journal web site
AUGUST 2, 2024
  • Massive pressure on the margins

free news
The Loadstar web site
AUGUST 1, 2024
  • Ports struggle with congestion as Red Sea crisis and front-loading boost volume
  • 'Demand surcharge' disclosure sinks DHL
  • Expected strong peak season the 'cherry on the cake' for airlines
  • Euro road freight rates are falling, but costs are up and driver shortage persists
  • CStar Line to cut Russia feeder services for more-profitable Red Sea routes
  • Climate activists stuck to runway hold up cargo flights at Leipzig
  • Kevin King takes the reins as TT Club's new CEO

free news
Marine Log web site
AUGUST 1, 2024
  • ZIM Kingston fire raises worries over Canada's marine emergency preparedness
    The Transportation Safety Board of Canada (TSB) has issued two safety concerns following the 2021 loss of containers and fire on board the container vessel ZIM Kingston, off Vancouver Island, B.C. The
  • Artemis Technologies opens its first U.S. office in Brooklyn Navy Yard
    With its eye on the Jones Act market, Belfast, Northern Ireland-based Artemis Technologies, a leading contender in the foiling e-ferry race, has opening its first U.S. office in response to significant interest
  • Amogy renames its ammonia powered tugboat NH3 Kraken
    Brooklyn, N.Y.-headquartered ammonia to power pioneer Amogy Inc. is getting nearer to trialing the world's first ammonia powered tugboat on a tributary of the Hudson River. In preparation for that event it

free news
Container News web site
AUGUST 1, 2024
  • Global bunker indices still in downward trend
    During the 31st week of the year, the Marine Bunker Exchange (MABUX) indices continued their downward trend. The 380 HSFO index dropped by US$9.30 to US$531.05/MT, approaching the US$500 mark. The VLSFO index fell by US$10.88 to US$630.92/MT. The MGO index decreased by US$13.61 to US$810.08/MT, nearing the US$800 mark. "At the time of writing, the global bunker indices showed signs of a moderate
  • Liberian Registry appoints new VP of Port State Control Affairs
    The Liberian Registry, one of the world's largest shipping registries, welcomes Commander Norm Witt (retired from the U.S. Coast Guard) as Vice President of Port State Control Affairs. "I'm excited to be in a position where I can leverage my previous Coast Guard experience in helping clients achieve high levels of regulatory compliance, which in turn minimizes shipping delays and enhances overall
  • Hassan Allam Construction secures major contract from Saudi port
    Hassan Allam Holding announced that its subsidiary Hassan Allam Construction Saudi has been awarded a significant contract in partnership with El Seif Engineering Contracting and China Harbour Engineering Arabia by the Port of NEOM, located in Oxagon, northwest Saudi Arabia. This Engineering, Procurement, and Construction (EPC) project involves the development of the Port of NEOM's Container Term
  • Gebrüder Weiss announces leadership transition in West region
    On 1 August, Alexander Eberharter assumed the management of the West region for the international transport and logistics company Gebrüder Weiss. He succeeds Hannes Mayr, who is retiring after a remarkable 41-year career with the company. Mayr joined Gebrüder Weiss in 1983 and served in various management roles. "Hannes Mayr and his team have made a significant contribution to the success of Gebr
  • Sea-Intelligence reports no consolidation impact on ocean carrier competition
    In Issue 675 of the Sea-Intelligence Sunday Spotlight, the Danish shipping data analysis firm examined whether the turmoil of the last four years has led to the largest carriers growing in dominance versus the mid-tiered carriers, or has been an opportunity for mid-sized carriers to gain in importance versus the big carriers. To assess this, Sea-Intelligence calculated the global Herfindahl-Hirsc
  • Port Authority of Valencia awards contract for new railway line
    The Port Authority of Valencia (PAV) has awarded the works to double the track and implement the third rail line between the Poniente and Levante docks in the Port of València to the joint venture between the companies TECSA Empresa Constructora and Dragados, for a total of €11,546,582.05 (VAT included), with a maximum completion period of 18 months. Once this infrastructure is completed, it will
  • Taiwanese government to back Yang Ming's fleet expansion
    Taiwan's Transportation and Communications Minister Li Meng-yen said at a press conference on 30 July that with Yang Ming Marine Transport's change of management, the government will support the mainline operator to commission more newbuildings to boost its fleet. Li noted that Yang Ming had been less active in ordering newbuildings, resulting in the Taiwanese operator being relegated from eighth
  • PIL partners with WNS to proceed with its digital transformation
    WNS, a provider of global digital-led Business Process Management (BPM) solutions, announced its strategic relationship with Singapore-based shipping firm Pacific International Lines (PIL). In this multi-year contract, WNS will work with PIL to accelerate its digital transformation journey by leveraging WNS' proprietary shipping process automation platform, Malkom.ai. This collaboration will enab
  • Wärtsilä to transfer Trieste manufacturing site to MSC
    In July 2022, technology group Wärtsilä announced a plan to ramp down manufacturing in Trieste and to centralise its four-stroke engine manufacturing in Europe to Vaasa, Finland. The production activities in Trieste have since been discontinued, with manufacturing volumes centralised in Vaasa. Now, Wärtsilä and MSC have agreed on a transaction for the Trieste manufacturing site. Today, 255 employ
  • Maersk announces preliminary Q2 revenue of US$12.8 billion
    Based on preliminary figures, AP Moller - Maersk reports an unaudited revenue of US$12.8 billion, underlying EBITDA of US$2.1 billion and underlying EBIT of US$756 million (reported EBIT of US$963 million) for the second quarter of 2024. Due to the continued supply chain disruption caused by the situation in the Red Sea, which is now expected to continue at least until the end of 2024, coupled wi
  • Port of Koper commences container terminal expansion project with public procurement
    Recently, the Port of Koper announced a major public procurement for one of its largest and most crucial upcoming projects. The investment will include the construction of a container quay and additional storage space in the northern part of Pier 1. The deadline for tender submissions is 30 September 2024. The public tender encompasses the development of a 326-meter quayside, 70,000m² of stacking
  • CMA CGM collaborates with GTT and HD KSOE for 12 new LNG-fuelled boxships
    In July, technology and engineering group GTT received two orders from its Korean partner HD Korea Shipbuilding & Offshore Engineering (HD KSOE) to design the cryogenic fuel tanks for 12 CMA CGM's new LNG-fuelled container vessels. Under these new orders, HD Hyundai Heavy Industries (HHI) and HD Hyundai Samho (HSHI) will each build six container ships. Each ship will have a capacity of 15,500 TEU
  • New CEO takes the helm at TT Club
    Kevin King is the new Chief Executive Officer of the specialist transport and logistics insurer TT Club, completing a planned move announced last year. Acting as Deputy CEO to Charles Fenton over the last year, King and Fenton have worked closely to complete a smooth transfer of responsibilities. King officially assumed his duties on August 1. Originally based in the United States, King has long
  • ICTSI boosts Manila terminal operations with new cranes
    ICTSI's flagship Manila International Container Terminal (MICT) in the Philippines has completed the commissioning of its three new quay cranes. With this latest investment, the global operator International Container Terminal Services, Inc. (ICTSI) aims to enhance the terminal's capacity to handle the increasing demands of modern container shipping. "The acquisition of these new quay cranes repr
  • MPA Singapore partners with Microsoft
    The Maritime and Port Authority of Singapore (MPA) signed a memorandum of understanding (MoU) with Microsoft on 29 July to collaborate in innovative technologies including cloud computing, artificial intelligence (AI), data analytics, robotics, and cybersecurity. The two partners aim to support the adoption and the development of digital and green solutions for the maritime industry. MPA and Micr
  • OceanScore inaugurates new office in Singapore
    OceanScore has opened a new office in Singapore to serve its regional clients, responding to the growing demand in Asia for its digital solutions designed for efficient regulatory compliance with the EU ETS and FuelEU Maritime. This new office in Singapore represents the latest expansion for the Hamburg-based maritime technology company, which already has offices in Poland and Portugal. "Our list
  • Ocean container shipping market reaches a tipping point: Xenetal Analysis
    The ocean container shipping market reached a tipping point in July, with long-term rates on major fronthaul trades showing signs of life just as spiralling short-term rates begin to soften. The Xeneta Global XSI®, which covers all valid long-term contracts in the market, edged up 2.5% in July to stand at 151.5 points. More notably, the underlying XSI® sub-index for Far East Exports - which inclu
  • Irish Defence Forces orders Konecranes equipment
    In early 2024, the Irish Defence Forces placed an order for a Konecranes E-VER electric forklift to handle containers and general cargo at their main Logistics Hub in Curragh Camp, Co Kildare, Ireland. The forklift is scheduled for delivery in the third quarter of 2024. "This order proves that the E-VER's rugged strength and reliability will offer the versatility needed for a wide range of applic
  • ONE reports US$4.2 billion revenue in Q1 FY2024
    Ocean Network Express (ONE) released its financial results for the first quarter of FY2024, covering April to June 2024. The revenue for this quarter was US$4.211 billion, representing a 12% increase from the same period last year, with a net profit of US$779 million, an increase of US$266 million year-over-year. Cargo movements improved due to increased consumer spending in North America and Eur

free news
Splash web site
AUGUST 1, 2024
  • JP Morgan takes over US carrier Bold Ocean
    Investors advised by JP Morgan Asset Management have acquired US shipping and logistics firm Bold Ocean from private equity firm Nova Infrastructure for an undisclosed sum. Annapolis, Maryland-based Bold Ocean operates nine vessels that transport goods under long-term charter with the US government. In 2018, a group of companies in US flag shipping, fleet technical ...
  • China's wind and solar capacity overtake coal for the first time
    The landscape of China is changing on a scale hard to fathom to outsiders with renewable energy projects stretching across vast terrains, and in the process altering the fortunes for dry bulk owners. China's investments in renewables are gigantic, leading the world in wind and solar, with twice as much capacity under construction as the ...
  • Costamare confirms bulker sale as boxship charters flow in
    Greek owner Costamare has confirmed a supramax bulker sale and revealed multiple charter deals for its containership fleet. In its second-quarter earnings report, the New York-listed company has corroborated this month's brokers' reports on the deal for the 2009-built Oracle. While S&P sources suggest Vietnamese interests and a price tag of $12.5m, Costamare did not ...
  • Yang Ming completes top management reshuffle
    Taiwanese shipping line has completed a top management reshuffle with Cliff Pai promoted to president and Feng-Ming Tsai coming onboard as chairman. Pai, formerly chief strategy officer at the line, has been with Yang Ming for the past 40 years. He takes over from Patrick Tu. Tsai, meanwhile, is a professor who holds a Ph ...
  • CLdN invests in Liverpool terminal
    Luxembourg-based roro operator CLdN has launched a multimillion-pound investment in its Brocklebank terminal at the Liverpool port. The investments are part of CLdN's plans to increase capacity on its Liverpool-Dublin route. The infrastructure upgrades at the terminal are expected to improve the use of space and enhance the flow of cargo movements while a new ...
  • Meriaura appoints new CEO
    The CEO of Finnish shipowner Meriaura, Kirsi Suopelto, has resigned from her position to join a new employer. Suopelto will continue as Meriaura's CEO until September 30. The company's board has appointed the current chairman of the board, maritime counsellor Jussi Mälkiä, as the new CEO starting October 1. Board member and vice-chairman Antti Vehviläinen ...
  • Pacific Rim revealed as buyer of Norden cape
    Low-profile bulker player Pacific Rim has emerged as the taker of a ship Norden flipped this May, Norden's first cape after entering the segment in March last year. Fast-growing Pacific Rim, which is based out of both China and Singapore, has added the scrubber-fitted Nord Ferrum, a 180,000 dwt workhorse built in 2011 for $34m, ...
  • Transocean lands $531m drillship contract in US Gulf
    Swiss-based offshore drilling giant Transocean has secured a $531m contract from BP for operations in the US Gulf of Mexico. The contract will see drillship Deepwater Invictus on hire for about 1,095 days starting in the first quarter of 2025. The 2014-built floater was previously named as one of the three rigs earmarked for another ...
  • TotalEnergies takes option on Noble jackup off Argentina
    Offshore rig owner Noble Corporation's harsh-environment jackup rig Noble Regina Allen has gained more work from TotalEnergies in Argentina. The French energy major has exercised two priced option wells on the 2013-built rig at $150,000 per day, keeping the unit busy for an additional 60 days. The initial $31m 220-day contract with Total Austral was ...
  • Ugland Offshore bags BP PSV contract
    Norway's Ugland Offshore has been awarded a contract in the UK sector for one of its platform supply vessels. Offshore brokers tell Splash, that the 2012-built Evita II has been fixed to UK supermajor BP for six months at an undisclosed dayrate, with further extension options attached to the deal. The Cyprus-flagged 85-m-long unit has ...
  • Sumitomo and JGC forge floating wind pact
    Japanese trading house giant Sumitomo Corporation and fellow engineering firm JGC Corporation have teamed up on a potential supply of structural components for the floating offshore wind sector. The duo has signed an agreement aiming for a collaboration in the complete supply chain from detailed design, and manufacture to delivery. The partnership involves the development ...
  • Third ship spills oil in same area of the Philippines
    Remarkably authorities in the Philippines have had to attend to another distressed vessel in Bataan to the west of Manila, a third ship accident in the area in the space of just one week. Oil was seen flowing into the ocean yesterday from tanks inside the Mirola-1, which ran aground near the shore of Mariveles ...
  • Accident report into Canadian boxship blaze sparks call for greater firefighting equipment
    Canada's Transportation Safety Board (TSB) has called for improvements to Canada's emergency preparedness rules following the release of a report looking into a boxship accident off Vancouver Island three years ago. The ZIM Kingston lost 109 containers - two containing hazardous materials - during dire weather in October 2021, in an accident that also saw ...
  • European Commission launches ship finance portal
    The European Commission has launched a ship financing portal in a bid it says to boost the maritime sector's green transition. The platform, launched by the European Commission's Directorate-General for Mobility and Transport, provides businesses and organisations with a repository of available financial tools needed to drive fleet renewal and retrofitting, enhance efficiency, and reduce ...

news on subscription
Lloyd's List web site
AUGUST 1, 2024
  • Dorian LPG not concerned by VLGC rate downturn
    Hurricane Beryl and increased transits through the Panama Canal have put downward pressure on VLGC rates, but fundamentals point to...
  • Beset with fleet renewal questions, Teekay finally buys a modern tanker
    How do you rejuvenate an ageing fleet when asset values are sky-high and investors punish you for paying inflated prices...
  • Red Sea-driven liner profits are still rising, new Maersk numbers imply
    Listed container lines continue to follow a familiar pattern in 2024, under-promising early in the year and over-delivering in the...
  • Softening hull market seen as good for shipowners
    Baltimore bridge casualty will see marine reinsurance rates harden, but impact on direct market pricing difficult to call
  • ICS warning on hydrogen market's uncertain future and huge power need
    Shipowners' group wants more incentives to drum up hydrogen demand, as well as port infrastructure so the industry can be...
  • JP Morgan Asset Management acquires US operator Bold Ocean
    Institutional investors advised by JP Morgan's Asset Management have acquired US flag operator Bold Ocean group from private equity firm...
  • D'Amico rides strong product tanker rates to higher profits
    Milan-listed owner has ordered four LR1s, a segment it expects to deliver promising returns
  • Governments may have to foot bill after dark fleet spill, argues Reed Smith
    'Countries like Türkiye, which permit ships insured by such policies to pass through strategic waterways like the Bosporus, might be...
  • Port state control bodies to investigate crew wages and employment agreements
    If deficiencies are found then masters could be ordered to rectify the faults or the vessel could even be detained...
  • Zim Kingston report shows 'gaps in Canada's preparedness' for marine emergencies
    The report investigates a fire on board containership Zim Kingston off Vancouver in 2021, which burned for five days before...
  • Finnish crane maker vows 'made in USA' as Biden pledges to phase out Chinese equipment
    The company is seizing opportunities presented by the 'Building America Buy America' Act and Investing in America Agenda, both of...
  • Net zero goals are creating 'new shipping supercycle'
    QBE Asia's head of marine, Rama Chandran, says converting to new fuels and technology will ignite strong growth for the...
  • South Korea extends tonnage tax system to 2029
    Seoul will also increase tax for chartered vessels not owned by flag carriers to support domestic ship registry
  • Bahri breaks ground with first Chinese VLCC order
    Deal comes as Saudi Arabia's national shipping firm is seeking to renew its fleet amid a shortage of yard slots...
  • West of England sets up shop in Dubai
    Former North claims director Dhillon hired to head drive into Middle East Gulf and Indian subcontinent markets
  • Daily Briefing
    Iran-linked tanker joins new 'fake' registry of Guinea as flagging fraud escalates | Red Sea crisis could have permanent effect...

news on subscription
The Journal of Commerce web site
AUGUST 1, 2024
  • Maersk hikes full-year profit forecast by $2 billion, ups volume outlook
    Despite reporting lukewarm second-quarter results, the carrier is expecting disrupted supply chains and strong demand to boost its annual financial result.
  • Panama Canal transits rise to almost normal levels as expansion work begins
    The move to increase ship traffic comes as canal officials have started talks with some of the inhabitants who will be affected by the $1.6 billion project to expand the canal's water catchment, including construction of the Rio Indio reservoir.
  • No sign of slowdown in ongoing air cargo 'peak season'
    Not even the widespread disruption to global aviation from the Microsoft IT outage in mid-July could derail resurgent air freight markets.
  • Raise fossil fuel price to spur demand, investment in green alternatives: WSC
    The container shipping lobby group believes higher costs levied on users of conventional bunkers is vital for the energy transition that requires multi-billion-dollar investments by fuel producers.
  • Nervous US shippers have few options in the face of port strike threat
    As the clock ticks down toward the expiration of ILA's current contract, the window for frontloading to the East and Gulf coasts is closing and there's limited potential for diversions through Canada and Mexico, writes Journal of Commerce Executive Editor Mark Szakonyi.

news on subscription
TradeWinds web site
AUGUST 1, 2024
  • Star Bulk Carriers confirms settlement of $69m convertible bonds with stock
    Greek bulker owner issues 6m new common shares to holders of former Eagle Bulk notes
  • Shell chief executive Wael Sawan 'very bullish' about role of LNG in longer-term
    But says industry will continue to go through cycles
  • BP shipping veteran takes helm at oil company safety group
    Oil Companies International Marine Forum names Lambros Klaoudatos as chair
  • Teekay Tankers chief wants to buy ships 'but we need to get the timing right'
    Rising prices offer opportunity to sell and reason for prudence
  • Dorian LPG sees shares dip despite earnings beat as investors look to weaker quarter
    US investment bank Jefferies remains a bull on the stock but takes down earnings estimate
  • Uniper targets shipping fuel as it begins producing bio-LNG in Rotterdam
    German energy company converts liquefies biomethane at Dutch hub
  • Diana Shipping executives digest profit slump in 'muted' bulker market
    Zafirakis claims to be "very happy" with company debt profile
  • Investigators board fire-damaged Hafnia tanker in collision probe
    Damaged Hafnia Nile and Ceres I are anchored in Malaysian waters after collision
  • AP Moller-Maersk boosts full-year profit forecast on Red Sea upheaval
    Liner giant expects Houthi disruption to last at least until end of this year
  • d'Amico International Shipping profit soars on back of record product tanker market
    Spot rates are highest in Italian shipowner's history
  • Tech tie-up alerts insurers to real-time maritime perils as global tensions soar
    Insurwave agrees deal with security specialist Ambrey amid growing geopolitical risk
  • All scrubbed up: Scorpio Tankers' technical czar speaks on future of exhaust devices
    Cameron Mackey once made a profitable decision on scrubbers, but it would be different today
  • Dorian LPG set for 'fleet growth and renewal' after $100m share sale, CEO says
    Gas carrier owner's quarterly results in line with previous guidance
  • Violent rolling and a five-day fire: How voyage from hell overwhelmed Zim boxship crew
    Vessel lost 109 containers off Vancouver Island during storm
  • US LNG exports have cut greenhouse gas emissions, study finds
    Findings emerge as Say No to LNG lobby group launches 'Beyond Methane Pledge'
  • Arrow Shipbroking: La Nina weather switch 'almost a red herring' for dry bulk
    Research expects 'negligible' effect on dry bulk exports from the forecasted weather system
  • Idan Ofer orders world's first ultra large ethane carriers
    New breed of large vessel set to emerge as long-haul trades from US to Asia ramp up
  • JP Morgan scores US flag swoop with Schuyler Line acquisition
    Andy Dacy-led buyer snaps up Maryland owner-operator and four other companies
  • 'Price-sensitive': Watchful Costamare has 'ability to execute fast' on bulker S&P deals
    Greek shipowner is ready to pounce on bulker deals -when it sees an attractive opening
  • Liner giants revamp funding proposal for clean fuel ahead of IMO debates
    The WSC Green Balance Mechanism has been updated and submitted for discussion with other market-based proposals
  • Major P&I club to set up shop in 'stronghold' Dubai as shipping shifts east
    CEO Tom Bowsher says new office reflects growing shift of business to the Middle East and Asia
  • Teekay Tankers profit drops on dry-dockings, spot rates and ship sales
    Canadian tanker owner remains optimistic about conditions providing support to its market
  • 'Price-sensitive': Watchful Costamare has 'ability to execute fast' on bulker S&P deals
    Greek shipowner is ready to pounce on bulker deals -when it sees an attractive opening
  • Hapag-Lloyd floats enquiry for up to 30 LNG dual-fuelled container ships
    German liner owner and operator expected to stick with its fuel of choice as it checks out yards for next mega-batch of boxships
  • Teekay Tankers buys aframax from Union Maritime in $70.5m transaction
    New York-listed Teekay Corp spin-off adds modern ship after selling batch of older tankers
  • Asia Pacific Shipping extends orderbook with four stainless steel chemical tankers
    Two Chinese shipyards will be building the 25,900-dwt tanker newbuildings
  • Wind-powered newbuilding aims to slash greenhouse gas emissions by 99%
    Australian shipbuilder has won contract for innovative vessel following global tender process
  • Wind powered trimaran newbuilding aims to slash greenhouse gas emissions by 99%
    Australian shipbuilder said to have won contract for innovative vessel following global tender process

news on subscription
American Shipper web site
AUGUST 1, 2024
  • DHL eyes freight recovery after subdued 1H
    Parcel logistics giant DHL is banking on a strong peak shipping season to bring up results for 2024.
  • Airline cargo revenues improve in Q2 along with market
    Large passenger airlines recorded solid growth in cargo revenue during the second quarter after more than a year of contraction.

››› File
FROM THE HOME PAGE
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
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
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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