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24 April 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
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

free news
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

free news
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

free news
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 ...

news on subscription
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

news on subscription
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
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
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
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
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
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
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
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
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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