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30 July 2025 - Year XXIX
Independent journal on economy and transport policy
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February 7, 2024

free news
Exim India web site
FEBRUARY 7, 2024
  • Shipping lines to make their presence felt at CTL-BHP 2024
  • CULines to commence CIX2 China-West India service this month; direct connection from Tianjin & Kaohsiung
  • INDIAN PORTS ASSOCIATION
  • e-cars flagged off at VOC Port; to help reduce GHG footprint
  • Cost up but no adverse impact on India's trade due to Red Sea crisis
  • I-T Dept to erase petty tax demands: CBDT
  • IIFF opens Eastern Region Chapter, trains G Category Examination candidates for 2024
  • Milaha announces growth in net profit for 2023
  • CMA CGM update on Red Sea operations
  • Vijay Kumar is the new Chairman of IWAI
  • Air Cargo demand surges 10.8% in Dec., closing 2023 near 2022 levels
  • Global cargo operations launched at Bhubaneswar Airport
  • DTDC widens its presence by launching operations in Malaysia, sets sights on Southeast Asian expansion
  • IndiGo mulls more freighter routes to China, SE Asia

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International Transport Journal web site
FEBRUARY 7, 2024
  • Atlantic partners
  • Cargo Beamer launches service to Italy
  • Sweden leads the way in green transport
  • Carbon-free overnight trucking
  • Tarros picks CCO
  • IT support from ramp to cargo handling
  • From asphalt to water
  • A shift from China to Africa
  • A prestigious award for Globalink Logistics
  • Delta Cargo delivers e-commerce solution
  • UAE and Pakistan clinch port deal
  • Airfreight at Frankfurt airport
  • IDS names group CFO
  • "Curiosity of the Day"
  • YVR: 160,000 t more cargo
  • DHL adds e-vehicles in Australia
  • GW: eleventh hub in USA
  • Norsepower's eco yoyage

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The Loadstar web site
FEBRUARY 6, 2024
  • Charter market gets a boost as carriers look to plug holes in networks
  • Contracts: carrier vs shipper - the last one standing?
  • Strike by ground staff set to disrupt Lufthansa's cargo operations
  • HMM sale talks with Harim-JKL hit another stalemate
  • XPO - dear investor...
  • TT Club seeks to mitigate a common cause of workplace injury
  • Row over terminal project at port of New Orleans heats up
  • Forward Air sinks - hard evidence sought
  • Maersk switches ME2 service from PSA to group terminal at Nhava Sheva
  • Europe's road freight spot rates drop below contract rates
  • Kuehne + Nagel cuts ties with Israeli military supplier
  • Bernhard Kindelbacher takes over as ACL Airshop CEO from Steve Townes

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Marine Log web site
FEBRUARY 6, 2024
  • New Austal USA shipyard expansion set to start this summer
    Austal USA is planning a major expansion of its Mobile, Ala., shipyard capability. The infrastructure expansion, which will be to the south of Austal USA's current waterfront facility, will include a new

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Container News web site
FEBRUARY 6, 2024
  • Konecranes boosts Chiquita exports in Guatemala with new reachstackers
    In the third quarter of 2023, Chiquita Guatemala took delivery of the first two Konecranes reachstackers for their Terminal Ferroviaria located in Puerto Barrios. The remaining third reachstacker is expected to be delivered in 2024, completing the trio that will significantly enhance Chiquita's banana business operations. "We are leaders in the tropical fruit market. To maintain our position, we
  • Spot rates bottoming out, but contract rates to rise in tandem with costs
    While spot container freight rates appear to have peaked, contract rates are expected to go up to reflect the increased costs of sailing round the Cape of Good Hope, according to Vespucci Maritime's CEO Lars Jensen in the Baltic Exchange's latest report. On 2 February, the Shanghai Containerised Freight Index (SCFI) showed that for the third consecutive week, there were rate corrections for the S
  • Suez Canal toll earnings set to continue falling, as vessels re-route around the Cape of Good Hope
    As we enter into the third month of escalating conflict in Yemen that has prompted significant rerouting of vessels with far-reaching consequences for global trade and transport, the latest trade data from Veson Nautical indicates a notable shift in traffic patterns. Geopolitical tensions and conflict have raised maritime security concerns in the region, given its strategic importance and critica
  • AD Ports-owned Maqta Gateway acquires majority stake in Dubai Technologies
    AD Ports Group's digital arm, Maqta Gateway has acquired a 60% equity stake in Dubai Technologies, a Dubai-based developer of trade and transportation solutions. The acquisition, valued at US$7.6 million, comes on the heels of Maqta Gateway's robust financial performance in FY2023, with revenues hitting around US$20 million and EBITDA standing at US$2.3 million approximately. "In line with the vi
  • ONE introduces world's first dual-temperature refrigerated container
    Ocean Network Express (ONE) announced the introduction of the world's first trial for a dual-temperature refrigerated container featuring Controlled Atmosphere (CA) capabilities, developed in partnership with Pan Pacific International Holdings Inc. (PPIH) and NAX Japan. This groundbreaking initiative marks the maiden voyage of a marine transportation system utilizing such advanced technology, aim
  • Okapi boosts maritime solutions with Yara Marine Technologies acquisition
    Geneva-based Okapi Supply Trading Advisory has acquired technology company Yara Marine Technologies (YMT) to expand its maritime solutions portfolio. "With a shared commitment to advancing sustainable solutions for the maritime industry, this new relationship sets the stage for the green solutions provider to accelerate the reach and impact of its industry-leading decarbonisation technologies, su
  • Maersk commences new service between Middle East and Europe
    Maersk will launch a new weekly service connecting the Middle East with Europe in mid-February. The new service, called ME8, will sail via the Cape of Good Hope and its rotation will be as follows: Jebel Ali, United Arab Emirates - Doha, Qatar - Dammam, Saudi Arabia - Al Jubail, Saudi Arabia - Jebel Ali, United Arab Emirates - Abu Dhabi, United Arab Emirates - Duqm, Oman - Salalah, Oman - Port Ta
  • CMA CGM halts Red Sea transits
    French container shipping company CMA CGM informed its customers that as from 1 February 2024 and until further notice, all services initially routed via the Red Sea passage will now follow the Cape of Good Hope routing. "The safety of our seafarers remains our priority at all times," noted the Marseille-based ocean carrier in a statement. The carrier took this decision because last week, Houthi
  • GAC Group establishes its first office in South Korea
    GAC Group, a provider of shipping, logistics and marine services in the Asia-Pacific market, has opened its first office in Seoul, South Korea. The company aims to strengthen its operations in the country to serve the growing, dynamic South Korean shipping market, which accounts for more than 10% of global maritime trade. Exports from the country are set to rise by 7.9% in 2024 to reach US$680 bi
  • APM Terminals announces leadership changes in Europe
    The current managing director at APM Terminals Poti in Georgia, Julián Fernández, will become the managing director of APM Terminals Spanish Gateways from 1 April. "I am very pleased to have Julián in his new role, where he will continue to be a crucial member of our leadership team in Europe while bringing his valuable experience and expertise from running a terminal in Georgia now in his new ex
  • PIL and MatchBox Exchange partner to improve container flow in Thailand
    Pacific International Lines (PIL), a prominent shipping company headquartered in Singapore, has joined forces with MatchBox Exchange, a SaaS platform facilitating the reuse and exchange of shipping containers among operators, to enhance landside logistics for PIL's clientele in Thailand. This partnership, an extension of a similar venture in Malaysia initiated in 2023, grants PIL's Thai customers

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Splash web site
FEBRUARY 6, 2024
  • W Marine orders first newbuilds since 2006
    Greece's W Marine has ordered a pair of 82,000 dwt kamsarmaxes in China, marking its first newbuild in nearly 20 years. The Yannis Sarantitis-established bulker owner has tapped Chengxi Shipyard to build and deliver the duo in 2026 for a reported $72m. W Marine lists 16 vessels on its website ranging in size from panamax ...
  • Star Bulk ships out 17-year-old cape for $20m
    Greek dry bulk giant Star Bulk Carriers has offloaded its 17-year-old capesize in what has been a very active S&P market for similar tonnage recently, with brokers reporting multiple deals concluding. The 2007 Shanghai Waigaoqiao Shipbuilding-built Big Bang, which Star Bulk bought in July 2013 for $28.2m, is going to Chinese buyers in a deal ...
  • TRF sells modern VLCC for $102m
    Transportation Recovery Fund has offloaded its five-year-old and only VLCC. Brokers are reporting the sale of the 2018-built scrubbed-fitted TRF Horten for $102m. Market sources suggest the ships' value at about $104m, but analysts at Pareto Securities note that a price difference could be due to the vessel having been built at Agila Subic Shipyard ...
  • Fugro wins Dutch offshore wind zone survey gig
    Dutch surveyor Fugro has been awarded a geophysical survey contract for the development of the Dutch Doordewind offshore wind farm zone. The Doordewind project, led by the Netherlands Enterprise Agency (RVO), is part of the Dutch Government's Offshore Wind Energy Roadmap 2030, targeting to accelerate the development of offshore wind in the Netherlands. The wind ...
  • Höegh LNG resolves legal dispute over PGN FSRU Lampung
    Norway's Höegh LNG has amicably settled long-standing disputes and pending arbitrations with the charterer of. Indonesian LNG importer PT Perusahaan Gas Negara (PGN) holds a 20-year charter on the 170,000 cum FSRU, which has been operating as a 2.7m tonne per year LNG import facility on the southern tip of Indonesia's Sumatra island since ...
  • K Line pens charter for third Northern Lights CO2 carrier
    Japan's Kawasaki Kisen Kaisha (K Line) has signed a bareboat charter deal for the management of the third CO2 carrier set to serve the Northern Lights project, a joint venture between Equinor, Shell, and TotalEnergies. This follows the formerly signed contracts for managing the first two 7,500 cum liquefied CO2 ships that are 75% completed ...
  • Inland cargo ship sinks in port of Hamburg
    An inland waterway ship carrying 3,500 litres of diesel and 1,400 tonnes of potassium chloride has sunk in Hamburg. At the time of the incident, the 80-meter-long ship was moored to the quay in Kalikai, one of Hamburg's most known locations for the export of bulk goods, and it is initially unclear why the ship ...
  • QatarEnergy contracts Samsung Heavy for 15 LNG carriers
    QatarEnergy's fleet expansion scheme proceeds apace with a contract signed today for 15 LNG carriers with Samsung Heavy Industries, the Korean yard with the world's largest gas ship orderbook. The contract, worth $3.44bn, will see all ships deliver by October 2028. In October, HD Hyundai Heavy Industries confirmed a record-breaking $3.9bn deal to build 17 ...
  • Ship damaged as ceasefire talks are discussed around the Middle East
    A Barbados-flagged, United Kingdom-owned general cargo ship incurred physical damage from a drone hit in between Eritrea and Yemen just after midnight. According to security consultant Ambrey, the ship incurred minor damage on its port side but was able to continue on its voyage. No injuries were reported. The United Kingdom Maritime Trade Operations (UKMTO) ...
  • Oceaneering unit bags $200m worth of contracts
    Oceaneering has revealed multiple contracts for its manufactured products segment worth around $200m. The contracts have been secured primarily with international oil and gas operators and marine construction companies, and range in value from less than $10m to more than $100m, the Houston-based company said. Two contracts constitute a considerable portion of the forecasted value. ...
  • Stolt-Nielsen bolsters position in rival Odfjell
    Chemical tanker giant Stolt-Nielsen has increased its stake in Norwegian competitor Odfjell, cementing itself as the company's second-largest shareholder. The Oslo-listed firm has accumulated about 8.2m of the class A shares, equaling 13.6% ownership interest, second behind Norchem in Denmark, which sits comfortably at the top and in which Odfjell chairman Laurence Odfjell has a ...
  • Gram Car Carriers offloads mid-size car carrier
    Norway's Gram Car Carriers has signed an agreement to sell a mid-size pure car and truck carrier (PCTC) for a total cash consideration of $64.6m. The Oslo-listed firm sold the 2010-built, 4,200 ceu to capitalise on historically high second-hand vessel values. The company expects to recognise a net book gain of $36.6m upon completion of ...
  • Vietnam's VLCC fleet grows
    Greece's Capital Maritime and Trading has sold the youngest VLCC to be flagged under the Vietnamese flag. At the end of last year, Evangelos Marinakis quietly sold a 14-year-old Universal-built mammoth named Alexander the Great, now named Felix, with VesselsValue tagging Phuong Dong Petrol Transport as the buyer. Four VLCCs have been sold to Vietnam since 2020. ...
  • GEFO orders 10 chemical tankers
    German owner GEFO is expanding its fleet with an order for 10 stainless steel chemical tankers at the Xiangyu shipyard in Nantong, China. A three-digit million-dollar sum will see the 3,850 dwt ships delivered between 2026 and 2028. In 2022, GEFO launched a €400m ($430m) investment programme in a series of newbuilds and modern secondhand ...
  • Siem Offshore inks new long-term deals for well intervention duo
    Norwegian offshore vessel operator Siem Offshore has signed new deals with Houston-based offshore energy services company Helix Energy Solutions for the well intervention vessel tandem Siem Helix 1 and Siem Helix 2. On November 24, Siem announced that it potentially lined up long-term extension deals for the two vessels. The company said at the time ...
  • Canadian survey reveals rampant harassment and bullying
    The Seafarers' International Union of Canada (SIU) has published a report on workplace harassment and bullying within the Canadian marine sector, which indicates that 46% of seafarers have experienced harassment or bullying at some point in their career as a seafarer. The report is a summary of the data gathered from a survey that was ...
  • South Korea's largest shipbuilder makes nuclear move
    HD Korea Shipbuilding & Offshore Engineering (KSOE), a sub-holdings company of HD Hyundai, has held a joint research and technology exchange meeting with TerraPower and CORE POWER with plans unveiled to develop small modular nuclear reactors for use on newbuilds. The reactor, which will be jointly developed by KSOE and other partners including TerraPower and ...
  • Will the Year of the Dragon spring some surprises?
    Pierre Aury on the four big topics shipping needs to be aware of in the coming months. So where is the market headed to this year? Sorry to disappoint you but we will not be answering this question. Instead we will look at four topics with two of them likely to have an impact on ...

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Lloyd's List web site
FEBRUARY 6, 2024
  • Gram Car Carriers sells another PCTC for 'fantastic price'
    'This is a fantastic price for GCC and is an impressive $40.5m higher than the median average value of the...
  • EU to prioritise maritime access to renewable fuels in revised climate strategy
    The European Commission recommended a new GHG emission reduction target of 90% in 2040, as the bloc prepares to revise...
  • Diversification key to avoiding overreliance on China
    While the outlook may have improved, business has yet to return to normal. Minimising supply chain risk remains a key...
  • Seized tanker being held in Iran starts spoofing its location in Türkiye
    St Nikolas, the tanker formerly known as Suez Rajan, was seized by Iranian naval forces on January 11 and has...
  • Payouts coming in lower than 2023/24 budget, Steamship Mutual confirms
    Seven pool claims in year to date, with backyears panning out favourably, International Group affiliate reveals
  • Houthis claim attacks on two more ships despite US strikes
    The Houthis claimed attacks on British and American ships on Tuesday despite more US air strikes on Yemeni drones
  • War risk losses could impact wider marine market, Miller argues
    London still has 'large appetite' for hull & machinery, broker claims
  • Samsung Heavy Industries secures largest order for 15 LNG carriers
    The 15 vessels, with a capacity of 174,000 cu m, will be delivered by October 2028
  • CMA CGM ships return to Suez to exit Red Sea
    CMA CGM Jacques Saadé's Europe to Asia shortcut through the Suez will end up costing it significant extra time. At...
  • Bulk carrier values rising on quality tonnage deficit
    'There's great interest for modern ships, but there is a distinct lack of quality eco tonnage available for sale,' said...
  • Navigating the Dragon Year: Can shipping stay the course on China?
    As the world's largest trading nation, China's imports and exports remain the prime source of cargo for shipping in many...
  • CMA CGM's dangerous Red Sea routing no longer worth the risk
    CMA CGM's 'damn the torpedoes' approach to the Red Sea may have helped it secure cargoes, but the risks were...
  • ONE's Jeremy Nixon appointed to MPA board
    Certis Group chairman Allen Lew and Keppel DC REIT Management director Yeo Siew Eng are the two other new appointees...
  • Daily Briefing
    Shipping is fundamentally changing and Euronav is going to prove it, says Saverys | Lloyd's fails widow of UK marine...

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The Journal of Commerce web site
FEBRUARY 6, 2024
  • Yellow uses auction proceeds to repay $700 million loan to US government
    The US Treasury Department is the first major creditor to be repaid by the bankrupt LTL provider, which received the controversial loan early in the COVID-19 pandemic.
  • NY-NJ marine terminal chief expects new ILA labor contract before October
    Though talks have seemingly been on hold, Maher Terminals' Gary Cross said he has "no doubt" the longshore union and port employers along the East and Gulf coasts will reach a new agreement before the existing deal expires.
  • 'Stressed' US truckload market searching for elusive turning point
    Truckload spot rates are creeping higher, but trucking executives see no catalyst for stronger price increases absent higher freight demand, even as capacity slowly tightens.
  • Intermodal savings held steady in Q4, in line with long-term averages
    The average cost savings for a shipper choosing intermodal rail over truckload was consistent during 2023 and should be relatively unchanged at least through the first quarter, according to the latest Journal of Commerce Intermodal Savings Index.
  • Railroads settle into 'go it alone' strategy post-CPKC merger: analyst
    North American intermodal functions mainly as a set of regional networks defined by railroad route structures, one of the handicaps for intermodal as it competes against a "go-anywhere" national truck system, writes analyst Larry Gross.

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TradeWinds web site
FEBRUARY 6, 2024
  • DHT Holdings sees 'rewarding times ahead' after second-best annual profit
    VLCC owner reports drop in quarterly profit but first-quarter bookings turn upward
  • EU's proposed 2040 target welcomed by shipping and greens - with caveats
    European Parliament and Council also agree on legislation aimed at supporting clean tech investments
  • Cargo abounds amid best February start for capesize spot rates in 14 years
    Futures rise sees March contracts leap 36% so far this year
  • Hot or not? Panel of lenders weigh in on attraction of offshore and wind vessel markets
    'Supply matters, supply matters, supply matters,' says Morten Arntzen
  • Vafias spin-off C3is sells shares to finance tanker buy and future deals
    Nasdaq-listed Greek owner seeks to raise about $6m
  • KCC moves into 'leadership band' with first A score from Carbon Disclosure Project
    But CFO Liv Dyrnes says Norwegian combination carrier owner will not rest on its laurels
  • Shipowner eyes oceangoing handies with EU finance
    State-owned player will add modern bulkers to its existing fleet of small, old vessels plying the Caspian Sea
  • Azerbaijan's Asco eyes ocean-going handies with EU finance
    State-owned Baku player will add modern bulkers to its existing fleet of small, old vessels plying the Caspian Sea
  • What Aramco's major oil capacity pivot means for VLCC owners
    Saudi Arabian oil giant's about-face on maximum sustainable capacity hike will take time to play out
  • Greek shipowner Metrostar fixes out newbuilding for five years as tanker market tactics shift
    Trader Glencore is also active in MR period market, with brokers noting more interest in term deals as spot rates rise
  • What Aramco's major oil capacity pivot means for VLCC owners
    Saudi Arabian oil giant's about-face on maximum sustainable capacity hike will take time to play out
  • Buy $1.1bn Navigator and get an ethylene terminal free, says Fearnley Securities
    Shipowner's market cap covered by LPG carrier net asset value, leaving Morgan's Point facility as a bonus on top
  • Red Sea crisis bites deep for Egypt as Suez Canal fees plummet
    Veson Nautical says container ships have fled the Suez Canal, but only achieved slightly higher rates
  • NYK sees Red Sea conflict boosting fourth quarter
    Japanese shipowner says tighter supply and demand conditions are resulting in higher market levels
  • Suez Canal toll fees fall as ships look elsewhere amid Red Sea risks
    Veson Nautical says container ships have fled the Suez Canal, but only achieved slightly higher rates
  • 'Without shipping there will be no car industry in Europe, no Airbus'
    Maritime policy expert Eero Lehtovaara says shipping needs to bring industry and rule makers around one table in Brussels
  • Shipowners risk losing insurance cover if they don't do their homework on hauling Russian oil
    Circulars follow new guidance from G7 countries about measures to ensure price cap-compliant cargoes
  • Trio of oil majors strike deal for third K Line CO2 carrier for Northern Lights project
    Japanese group to manage latest in series of innovative vessels for Equinor, Shell and TotalEnergies joint venture
  • Ambitious Hayfin Capital doubles suezmax tanker order at South Korean shipyard
    Investment platform now has four 158,000-dwt tankers on order
  • Dirty dabbling drives record $60,000 earnings gap between LR2 and aframax tankers
    But clean tankers are likely to switch back to take advantage of booming rates
  • Shipowners risk losing P&I cover if they don't do their homework on hauling Russian oil
    Circulars follow new guidance from G7 countries about measures to ensure price cap-compliant cargoes
  • Gram Car Carriers books $36m net gain from sale of midsize PCTC
    Norwegian car carrier owner is using the gain to strengthen its balance sheet and fund its dividend
  • K Line seals deal to operate third CO2 carrier for Northern Lights project
    Japanese group to manage latest in series of innovative vessels for Equinor, Shell and TotalEnergies joint venture
  • Stolt-Nielsen swoop for Odfjell heir's stock sparks fresh talk of 240-tanker titan
    Combined group would have more than 240 chemical tankers, but swing tonnage will be a key antitrust factor
  • DNB cuts Golden Ocean and 2020 Bulkers to 'hold' after stock rally
    Norwegian bank says risk/reward less attractive at current valuation
  • Star Bulk offloads capesize bulker as S&P activity runs hot
    Brokers see 'unusually strong buying appetite' for large bulkers
  • Hoegh LNG settles $472m dispute with FSRU charterer
    Charter contract remains in full force and effect
  • Clarksons chief executive Andi Case explains takeover of first-aid innovator
    Shipbroker builds Gibb Group operation with acquisition of offshore medical company
  • Red Sea crisis sees 50th ship attack as Houthis claim Star Bulk strike
    Yemeni group claims two new attacks overnight despite US and UK deterrence
  • Thoresen Thai raises $100m from bond issue as conglomerate targets expansion
    Thai shipowner says bond garnered more interest than expected
  • Red Sea crisis sees 50th attack as Houthis claim Star Bulk strike
    Yemeni terror group claims two new attacks overnight despite US and UK deterrence
  • Red Sea turmoil increasing shipping demand as Gulf of Aden arrivals plunge 71%, Clarksons says
    More tankers and bulkers avoid the region as Houthi attacks continue
  • $682m backlog: Siem Offshore fixes MSV pair to Helix Energy for up to 22 years
    Big contract extensions signed at improved rates, Norwegian owner says
  • Bahri selling last of four medium-range crude/product tankers
    Saudi shipping giant's focus lies with its VLCCs and cemical/product tankers
  • Product tanker orderbook surges past crude for first time, Clarksons says
    Analyst Florence Wade-Smith says overall delivery schedule still at moderate level despite surge of deals
  • Gram Car Carriers books $36m net gain from sale of mid-sized PCTC
    Norwegian car carrier owner is using the gain to strengthen its balance sheet and fund its dividend
  • Ambitious Hayfin Capital doubles suezmax tanker orderbook at South Korean shipyard
    Investment platform now has four 158,000-dwt tankers on order
  • GEFO orders 10 duplex stainless-steel chemical tankers at Nantong Xiangyu
    German owner is expanding and renewing its fleet with new series of 3,850-dwt newbuildings
  • Car carrier arrives in Australia with busloads of cocaine on board
    Authorities seize drugs worth $29m hidden in vehicles being transported on vessel
  • Demolition figures flag for LNG carriers but pressure rising on steamships
    Will 2024 see the start of a big clear-out of elderly vessels for the sector?
  • ONE CEO Nixon appointed to board of Singapore's MPA
    Outgoing members include former International Chamber of Shipping chairman Esben Poulsson
  • MISC touts two elderly midsize LNG carriers for sale as charters end
    Steam turbine duo expected to attract demolition prices
  • Maran Tankers' $400m shuttle tanker order to set new record for DH Shipbuilding
    Angelicoussis linked to the newbuildings contract after winning Petrobras charters

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American Shipper web site
FEBRUARY 6, 2024
  • Global Crossing Airlines changes CEO, cargo direction
    As a new carrier facing growing pains, Global Crossing Airlines (GlobalX) is doubling down on its passenger business and slowing expansion in cargo.
  • Red Sea trouble threatens US freight recovery
    If the Fed is deterred from cutting interest rates, freight demand could tumble just as carriers start regaining pricing power.
  • Pilots flying Amazon cargo say employer stalling contract talks
    Pilots at Air Transport International say the parent company wants to prolong contract talks for another two years so it can synchronize a labor deal with a new Amazon transportation services agreement. Meanwhile, the company is having a difficult time retaining experienced pilots.

››› File
FROM THE HOME PAGE
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the first half of 2025, container traffic in the port of Gioia Tauro grew by +10.5%
Joy Taurus
2,186,211 TEUs were handled
A bulk carrier was attacked in the Red Sea
Portsmouth
The crew abandoned the ship which began to take on water
German government allocates 400 million euros to support energy transition in maritime-port sector
Over 78 million euros to the ports of Augusta and Taranto for offshore wind
Rome
Funds distributed over three years starting from 2025
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
Rijeka Gateway Terminal to become operational in early September
Copenhagen
The first ship at the second container terminal of the Croatian port is expected on September 12
Falteri (Federlogistica) urges us to focus on the development of "polycentric" logistics
Genoa
The Simplified Logistics Zone should be the cornerstone of the strategy
Tsuneishi Shipbuilding Co. acquired Mitsui E&S Shipbuilding Co.
Hiroshima/Tokyo
It was renamed Tsuneishi Solutions Tokyobay Co.
Pessina (Federagenti): Northern European logistics system is struggling. Let's take advantage of it!
Rome
Unexpected opportunity - he underlines - for the Mediterranean ports and Italian ones in particular
MSC Cruises Joins Carnival and Royal Caribbean in Capitalizing on Grand Bahama Shipyard
Miami
Negotiations underway since the end of 2024 have been successfully concluded
At The International Propeller Clubs the Dorso Award for the Mediterranean area
Naples
In recognition of the primary role played by logistics operators in Mediterranean traffic
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