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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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August 8, 2024

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Exim India web site
AUGUST 8, 2024
  • Maersk reports volume growth across all segments & improved financial performance in Q2
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  • Prominent players show interest in JNPA's proposed agricultural commodity processing & storage facility
  • Höegh Aurora, the world's largest & most environmentally friendly car carrier, delivered & named
  • TGP offices in three continents, including India, come together to move over-dimensional shipment to the US
  • Truck rentals rise in July, prices of used commercial vehicles witness sharp increase: Shriram Mobility Bulletin
  • You Ask We Answer
  • B'desh crisis seen not having major impact on India's trade
  • Govt to set up 12 industrial parks, 5-6 mega textile parks

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The Loadstar web site
AUGUST 7, 2024
  • Despite weak H1 numbers, Maersk CEO says business 'trending in the right direction'
  • MSC now 'dominating' ocean carrier market - but rivals are also boosting capacity
  • Analysis: A leadership question? Mærsk's underwhelming transformation
  • Supply chain visibility and control key to building market share in pharma
  • Expeditors 'adapted well in an erratic quarter' - but earnings disappoint
  • IATA fights back as India hits major foreign airlines with tax evasion allegations
  • Bio-methane will be at least part of shipping's fuel future, says Maersk

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Marine Log web site
AUGUST 7, 2024
  • Self-unloading bulker grounded twice, which proved expensive
    In its second recent report on a Great Lakes bulker grounding incident, the National Transportation Safety Board has released its findings on an April 2023 incident in which the 1973-built, 667-foot-long, self-unloading
  • Höegh Aurora claims crown of world's largest, greenest, PCTC
    Three years after launching its Aurora Class design, Norway's Höegh Autoliners yesterday took deliver of the first vessel in the class, Höegh Aurora. Built at the China Merchants Heavy Industry shipyard in

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Container News web site
AUGUST 7, 2024
  • West Coast ocean rates slide on easing demand, increasing capacity
    Ocean rates out of Asia were stable last week for most lanes, with prices remaining at about their mid-July highs for the year. But reports of forwarders and shippers having greater ease securing allocations and spot bookings, and projections for arriving US imports to start declining in September are contributing to expectations that rates will start decreasing in the coming weeks. Prices from A
  • Bernhard Schulte Shipmanagement joins SEA-LNG coalition
    Bernhard Schulte Shipmanagement (BSM), an integrated maritime solutions provider, has joined the SEA-LNG coalition, bringing its extensive LNG operational experience to the group. BSM, the world's largest third-party ship manager of gas carriers, oversees more than 100 gas carriers, including over 50 LNG carriers, and nearly 30 LNG dual-fuel ships. BSM ensures all its vessels meet International S
  • Port of Hueneme and STAX Engineering unveil emissions reduction system
    The Port of Hueneme, a key hub for international trade and a pioneer in environmental stewardship, unveiled an innovative partnership with STAX Engineering, a leader in maritime emissions capture and control. This collaboration marks a significant advancement in emissions reduction within the maritime industry through the introduction of a state-of-the-art emissions capture and control system. Th
  • Ukrainian grain imports surge by 123% at Port of Valencia
    The influx of grain and cereals from Ukraine to the Port of Valencia continues to surge. During the first half of 2024, the arrival of these products at the Valencian docks has increased by 123% compared to the same period in the previous year, more than doubling the traffic. From January to June 2024, a total of 661,861 tonnes of grain and cereals from Ukraine arrived at the Port of Valencia, up
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  • Mexico can be US West Coast alternative as volumes soar
    An anomaly has arisen in container shipping data as US West Coast imports from Asia saw rates falling on fears of a US recession, while US dockers' strikes on the East Coast and the election have raised fears of further disruption. Xeneta chief analyst Peter Sand, however, considers Mexico a viable alternative for US imports, claiming that Mexican ports have already shown they can handle the incr
  • Weathernews secures extended partnership with Saga Welco
    Weathernews, a global provider of weather intelligence solutions, announced the signing of a new long-term TFMS (Total Fleet Management Solution) contract with Saga Welco, a major international shipping company. This agreement strengthens a partnership that has lasted over 19 years. Saga Welco, renowned for its expertise in transporting forest products, breakbulk, project cargo, and bulk cargoes,
  • Kaiko Systems launches new advanced Vessel Health Map
    Kaiko Systems has launched the Vessel Health Map, a new tool designed to monitor and provide a comprehensive overview of a vessel's condition. Utilizing color-coded visualizations and 3D models, the Vessel Health Map simplifies extensive inspection data into clear, actionable insights, offering a complete picture of the vessel's health. Kaiko Systems emphasized that all areas of the main shipping
  • US volumes break 2.5 million TEU mark in July; Imports from China set record high
    According to Descartes Systems Group's latest Global Shipping Report, July container volumes into the United States were the third highest on record, eclipsed only by the first- and second-highest volumes in May 2022 and March 2022, respectively. Despite the increased volume in July, port transit time delays showed little impact with largely negligible improvement or decline. "The August update o
  • ONE opens new office in Morocco
    Ocean Network Express (ONE) will launch a new office in Morocco on 1 September, aiming to enhance its presence in the African market. Ocean Network Express Morocco will be a joint venture between Ocean Network Express Pte. Ltd and Universal Shipping. The new ONE joint venture will operate from Casablanca and Tangier, offering shipping services and digital solutions to customers in Morocco. "To en
  • 2M announces changes in Asia - North Europe service network
    2M alliance, including Maersk and MSC, has decided to revise its Asia-North Europe network, with the updated services taking effect from the 32nd week of the year. The service updates aim to improve the alliance's network by introducing new port calls and addressing ongoing congestion in Europe while maintaining competitive transit times between Asia and North Europe. Below are the revised rotati
  • Container ship newbuilds reach post-Covid high
    Boxship newbuilding orders have burst back into life as the Red Sea crisis has caused freight and charter rates to reach levels not seen since the Covid-19 pandemic. Clarksons stated that 89 container vessels, amounting to 1.2 million TEUs, have been commissioned in June and the first half of July, the highest run-rate since the pandemic-induced boom, when 910,000 TEUs of new ships were ordered o
  • Port of Virginia completes US$83 million rail yard expansion
    Virginia Port's newly expanded central rail yard is now fully operational, marking the successful completion of a project that enhances the port's rail capacity to 2 million TEUs annually. According to Stephen A. Edwards, CEO and Executive Director of the Virginia Port Authority, who spoke at the inauguration ceremony, this expansion improves the port's connectivity to key Midwestern population a
  • India now depends on Russia for 40% of its crude oil imports
    During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average of 1.6 million barrels per day (mbpd), an increase of 1,000% compared to 2021, before Russia invaded Ukraine," stated Niels Rasmussen, Chief Shipping Analyst at BIMCO. The increased import of Russian oil has contributed to a higher average sailing distan
  • Yilport unveils new container berth and yard at Puerto Bolívar
    Türkiye-based port and terminal operator Yilport announced the inauguration of Container Berth #6 and a new container yard at Puerto Bolívar in Ecuador on 31 July 2024. The total investment of over US$400 million represents the first step in an ambitious phase of strategic development aimed at enhancing the operational capacity of the Latin American terminal. Alfredo Jurado von Buchwald, Regional
  • Alba Wheels Up International appoints new CEO
    Alba Wheels Up International, a customs brokerage and international logistics service provider, has announced the appointment of Luis Eraña as the company's new Chief Executive Officer. Eraña succeeds Damien Stile, who will now serve as Co-Chairman of Alba Wheels Up International. "I'm very excited to be joining Alba as the organization really intensifies the velocity of its growth engine for cus
  • SAAM Terminals cuts CO2 emissions by over 10,500 tons through renewable energy usage
    SAAM Terminals facilities in San Antonio, Antofagasta, San Vicente, Corral and Puerto Montt reduced their carbon footprint by 41% compared to 2021 by utilizing renewable energy for 100% of their electricity needs. SAAM Terminals operates port terminals in San Antonio, Antofagasta, San Vicente and Corral and manages a logistics centre in Puerto Montt. Through the use of renewable energy, SAAM Term
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  • Maersk raises full-year financial guidance after improved Q2 results
    A.P. Moller - Maersk said it is continuing to "build momentum" in the second quarter of the year, reporting volume growth across all segments, while the EBIT margin reached 7.5% compared to 1.4% in the first quarter. Maersk noted increased profitability in the Ocean segment, strong growth in Logistics & Services, and outstanding performance in the Terminals sector. However, the Danish company rep

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Splash web site
AUGUST 7, 2024
  • Danaos adds fifth newbuild to Dalian series
    Greek owner Danaos has bolstered its newbuilding orderbook, adding one more vessel to its 9,200 teu series at Dalian Shipbuilding Industry Co (DSIC). The Nasdaq-listed boxship tonnage provider and capsize bulker player disclosed in its quarterly earnings report it now has five ships contracted at China's state-run yard, three of which should deliver in 2027 ...
  • BlueFloat Energy reveals site for Taiwan's first floating wind farm
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  • Seanergy seals another capesize buy
    Greek capesize specialist Seanergy Maritime has revealed its second purchase this year that will take the company's fleet to 19 ships. The Stamatis Tsantanis-led listed owner and operator has picked up a 2012-built 181,400 dwt unit for delivery in the third quarter of this year. The ship matches the description of the Koyo Dock-built Sea ...
  • Ørsted pioneers Dutch offshore wind drone deliveries
    Danish offshore wind giant Ørsted has used heavy-lift cargo drones (HLCD) for the first time in a campaign at the Borssele 1&2 offshore wind farm. The company said that this endeavour would see a heavy-lift cargo drone transport cargo from a vessel to all 94 wind turbines in what it claims is a world's first. ...
  • Court pulls permit for NextDecade's US LNG export terminal
    A ruling by the D.C. Circuit Court has revoked NextDecade's permit issued by the Federal Energy Regulatory Commission (FERC) for its Rio Grande LNG export terminal in Texas. In a case put in front of the court, the Sierra Club, the City of Port Isabel, the Carrizo/Comecrudo Tribe of Texas, and Vecinos para el Bienestar ...
  • Eastern Pacific orders supersized ethane carriers
    Idan Ofer's Eastern Pacific Shipping (EPS) has placed a landmark order for ultra large ethane carriers (ULECs) in China. According to multiple shipbuilding sources, the Singapore-based diversified owner has booked six 150,000 cu m vessels at Jiangnan Shipyard, marking a world's first for this ship type, with more orders for similar units on the horizon. ...
  • Maersk fleet plans show huge divergence with rival MSC
    The world's top two containerlines are charting opposing courses as they ready to go their separate ways from next year. Mediterranean Shipping Co (MSC) now has a fleet in excess of 6m teu, commanding a 20% share of the global operated container fleet while Maersk, which was the largest liner in the world through to ...
  • New England given $390m grant for offshore wind infrastructure upgrades
    New England has been awarded a $390m federal grant to upgrade the infrastructure connecting offshore wind farms to the electric grid. The Massachusetts Department of Energy Resources submitted the Power Up New England project on behalf of all six New England states - Maine, Vermont, New Hampshire, Massachusetts, Connecticut, and Rhode Island. It is a ...
  • Malta replaces Greece as Europe's hotspot for ship-to-ship transfers of Russian oil
    Malta has emerged as the top European destination for ship-to-ship (STS) transfers of Russian oil in the wake of the Greek navy's decision to deter such activities in the Laconian Gulf. Since May 1, citing military exercises, the Greek navy has put out of bounds an area in international waters southeast of the Peloponnese islands, ...
  • SHI signs exclusive supply deal with Equinor for floating wind project
    South Korean company Samsung Heavy Industries (SHI) has signed an exclusive supplier agreement with Norwegian energy giant Equinor for the construction of floating substructures for wind power facilities. Under the agreement, SHI will also be integrating towers and power turbines to the floating substructures. Equinor aims to secure the Firefly Offshore Wind Project which the ...
  • IMO seeks to address risk to shipping of insider threats
    The International Maritime Organization has launched a new toolkit designed to help shipping respond better to ever-evolving insider threats. Insider threat refers to the risk that arises from a maritime employee carrying out or enabling a security incident, either through a lack of awareness, complacency or maliciousness. For terrorists and organised crime groups who are ...
  • Panama Canal inches back to normality
    The Panama Canal Authority (ACP) has upped the maximum authorised draft allowed for vessels transiting the larger neopanamax locks by 30 cm to 14.94 m as it gets back to normal operations following more than a year of drought-linked difficulties. The canal increased daily transits to 35 slots on Monday with plans to get to ...
  • How to manage fuel and freight price risks
    Gus Majed, the CEO of the Paratus Group, addresses the risk management gap in the global bunker fuel and freight markets. The global bunker fuel market, consuming approximately 3.5m barrels per day, alongside the global freight market, with a staggering 900m dwt in dry and wet tonnage, plays a critical role in the world economy. ...

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Lloyd's List web site
AUGUST 7, 2024
  • Lloyd's-backed marine insurer issues Blue Card for LNG carrier making first call at US-sanctioned Russia project
    Maritime & Mutual Insurance Association (NZ) Ltd, a New Zealand-based, Lichtenstein-headquartered marine insurer provided cover, according to the vessel's flag...
  • Maersk to 'balance the bet' with LNG backtrack on future fuels
    'There is a need for us to hedge some of the bets that we're making on technology and not taking...
  • Time to change the narrative on third-party shipmanagement, says Columbia's O'Neil
    As ship operations face growing complexities, the relationships between shipowners and management companies is becoming more sophisticated. As such, Columbia...
  • India ramps up crude imports from Russia in the wake of sanctions
    Aframax and suezmax vessels make up the majority of ships delivering Russian crude to India, with ships discharging in India...
  • IMO warns of shipping security threats from rogue staff
    The IMO has published guidance on reducing the risk of security threats by corrupt or disgruntled staff
  • Early peak season cements solid first-half box numbers
    Shipper frontloading and the emergence of an early peak season boost volumes tally, as liner sector achieves growth in the...
  • Japan Club brings down combined ratio in face of sliding yen
    Figures for outflux of tonnage now confirmed
  • Extended Red Sea disruption returns Maersk to profit and delays overcapacity-led downturn
    Maersk executives floated a possible return to slow steaming to offset higher fuel costs from rerouting around the Cape of...
  • China's Wison New Energies to build new yard in Jiangsu province
    As well as the new yard, the offshore marine company will also leverage its partner's manufacturing facility
  • Port of Virginia rail project expands capacity
    The $83m development is part of a wider $1.4bn Gateway Investment Plan being undertaken at the port in Norfolk, Virginia. This...
  • Panama Canal increases draught limit again
    The canal has been slowly easing restrictions on the draught limit of vessels that can transit its locks and is...
  • US imports smash past 2.5m teu
    Import volumes across the US in July surpassed both 2021 and 2022 levels for the first time this year, reaching...
  • Oregon shipbuilder Gunderson Marine & Iron airs leadership and ownership transition
    Dee Burch has acquired all shares in Gunderson Marine & Iron and has assumed the role of president. The Portland...
  • Maersk unveils massive newbuild programme amid fleet competition pressure
    Maersk confirms pivot to bio-LNG - a fuel type the carrier had previously dismissed - amid slower-than-expected green methanol production...
  • Daily Briefing
    Ukraine calls on governments to help investigate Russian grain smuggling | How Red Sea crisis breathed new life into boxship...

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The Journal of Commerce web site
AUGUST 7, 2024
  • US shippers resisting truckload rate hikes amid ongoing market softness
    Economic indicators and mid-year reports show contract truckload rates still trending downward, with a truckload recovery proving to be slow going.
  • Short-term US industrial real estate market clouded by uncertainty: JLL
    In a new report, industrial real estate firm Jones Lang LaSalle said fundamentals such as absorption of warehouse and distribution space, vacancy rates, deliveries of new properties and subleasing activity slowed in the second quarter.
  • Lag in higher contract rates to drive second-half profitability: Maersk CFO
    The carrier believes the ongoing disruption in the Red Sea is now "entrenched" and will not change for the rest of the year.
  • Maersk CEO says port strike along US East, Gulf coasts is 'highly unlikely'
    Vincent Clerc instead expects the ILA and maritime employers to extend the current deal while talks continue rather than shutting down terminals when the contract expires at the end of September.

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TradeWinds web site
AUGUST 7, 2024
  • Cosco Shipping Bulk newcastlemax order spurs expansion at Jiangsu Hantong
    Chinese shipbuilder adding capacity as fresh deals flow in
  • Star Bulk Carriers doubles profits in first earnings since landing Eagle takeover
    Second-quarter earnings come in slightly below analyst forecasts
  • Genco Shipping sells off last 'small' capesize and pays 20th straight dividend
    New York-based bulker owner reports in-line earnings for second quarter
  • Costly double bulker grounding down to bad company advice, probe finds
    Operator's draught guidance was lacking when it came to highlighting safety factors and minimum under-keel clearances
  • Frontline tanker ships out first Utapate crude as Nigeria aims to boost exports
    Suezmax delivers new grade to Repsol as two more cargoes lined up
  • Maritime heads call on UK to make decarbonisation plan top priority
    'We don't want to be left behind,' says UK Chamber of Shipping
  • International Seaways earnings miss linked to aframax pool preparations for TMX cargoes
    New York owner's latest venture with Ultranav of Chile has required some advance work
  • 'Big blue' boosts green shift: Maersk closing in on orders for 50 to 60 new ships
    Around 25% of Maersk fleet will be equipped with dual fuel engines in five years
  • Gianluigi Aponte's MSC shopping for newbuildings at Chinese shipyard
    World's largest container line is adding to its fleet of new vessels
  • India finding cheap crude in Russia as new trading patterns solidify
    When rich countries shunned Russian crude, India saw an opportunity
  • GFI and Pilot launch plan for new small-scale LNG terminal in Mexico
    Companies team up on bunkering and transshipment hub project Salina Cruz LNG
  • George Economou payment plunges OceanPal to second-quarter loss
    'Other operating loss' declared by the company refers to a reimbursement paid to activist shareholder
  • Sinokor dives into Scorpio Group MR pool with tanker quartet
    South Korean owner finds a new home for vessels as they redeliver from charters with energy major
  • Is Christen Sveaas set to merge offshore ventures Viking Supply Ships and Sea1?
    Speculation rises around Sveaas companies following management deal
  • Glencore ditches plans to sell coal business as fossil fuels remain cash cow
    More steelmaking mergers and acquisitions could be looming
  • International Seaways posts earnings miss as it guides for lower spot rates
    New York owner saw TCE rates tumble year on year and weaken into current market
  • Methanol pioneer Maersk hedging its bets on green fuels, admits boss Vincent Clerc
    Danish giant has inked orders for 800,000 teu of dual-fuel tonnage this year
  • FertiStream hires new shipping man to build freight trading book
    Previous incumbent in the position left abruptly in April
  • Living like it's 2017: Dorian LPG explains why an $84m shares sale made sense
    Chief financial officer Ted Young opens up to TradeWinds on the move for fresh funds
  • Cosco Shipping orders asphalt and bitumen carriers worth $98m
    Shanghai-listed company projects it can recover the newbuildings investments within 12 years
  • Africa's largest mining and infrastructure project to generate demand for 170 capesize bulkers
    UK law firm has been advising government of Guinea on massive infrastructure deal
  • Living like it's 2017: Dorian LPG explains why an $84m shares sale sale made sense
    Chief financial officer Ted Young opens up to TradeWinds on the move for fresh funds
  • Gibsons brokers planning big fundraising drive to build 'school of hope' in Kenya
    UK shop committed to boosting future prospects in Nairobi slum
  • Navios Partners linked to second sale of product tanker in quick succession
    South Korean-built sister ship pair with similar histories are expected to emerge with Asian interests
  • Global stock shock: Five factors for shipping investors to digest
    US recession risk, interest rates, geopolitics and possible Chinese stimulus offer unclear demand outlook
  • Australia's Venice Energy seeks investor for LNG FSRU import terminal
    Developer says success of project will depend on the backing of a partner with skills, track record and financial strength
  • Ardmore has firepower to pull off opportunistic tanker buys, analysts say
    Irish owner's debt and breakeven levels are falling, Clarksons Securities notes
  • First cargo leaves Russian Arctic LNG 2 plant on shadow ship
    LNG carrier heads into Norwegian waters amid talk of AIS data manipulation
  • Management shake-up at Yang Ming sees veteran president and youngest chairman appointed
    Taiwanese liner promotes a veteran of 40 years, days after naming new chairman
  • Shipping braced for Israel-Lebanon flare-up as tankers skip tinderbox region
    BRS says just four tankers are in Lebanese waters as tensions escalate
  • Five factors for shipping investors to digest as global stock market fears troll under the bridge
    US recession risk, interest rates, geopolitics and possible Chinese stimulus offer unclear demand outlook
  • Stainless Tankers eyes profit boost with full fleet now in Womar pool
    Tufton-backed chemical tanker outfit rakes in $4.5m in profit in the second quarter
  • VLCC scrubber retrofits pay off despite narrowing of bunker price gap, Gibson says
    Big tankers can still gain a rate advantage of $5,000 per day, broker calculates
  • Panama Canal hikes maximum draught for third time in weeks
    Rainy season allows further traffic normalisation in key Central America waterway
  • Adnoc L&S stays hungry for growth after splashing over $5.8bn on expansion in first half
    Middle East shipowner says these investments are already paying off as it reports a 31% jump in net profit
  • VLCC scrubber retrofits pay off despite narrowing of bunker price gap, Gibsons says
    Big tankers can still gain a rate advantage of $5,000 per day, broker calculates
  • Panama Canal hikes maximum draft for third time in weeks
    Rainy season allows further traffic normalisation in key Central America waterway
  • Maersk quarterly profit halves amid rosier full-year outlook
    Profit decline was largely down to lower Ebit for the quarter
  • Crew of car carrier seized by Houthis struck down by malaria
    Philippines government says several crew members experiencing significant health issues
  • Nakilat grows its gas ship fleet to 114 vessels in 'milestone year'
    Company adds 40 LNG carriers and VLAC newbuildings in six months
  • Maersk quarterly profit halves amid optimistic outlook for the year
  • Australia's Venice Energy looks to secure investor for LNG FSRU import facility
    Developer says success of project will depend on the backing of a partner with skills, track record and financial strength
  • Nakilat proposes dividend after reporting $228m first-half profit
    Qatari gas shipping giant says newbuilding contracts placed during the period will boost its fleet to 114 ships
  • Profit down at tanker player FSL Trust as it continues to seek new direction
    Company says focus is on securing accretive investments as existing fleet winds down
  • Dubai's 'hot maritime hub' lures five-strong team from Watson Farley & Williams
    Top firm has disputes and finance personnel in the Gulf city

››› File
FROM THE HOME PAGE
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
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 second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
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
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