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30 July 2025 - Year XXIX
Independent journal on economy and transport policy
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May 9, 2024

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Exim India web site
MAY 9, 2024
  • ESL announces launch of Southeast Asia Gulf India service
  • Containership deliveries scaling new highs
  • Updated recommendations released to improve AEO programmes
  • Govt sets up EV task force for e-trucks
  • Textile exports from TN dip in FY24
  • Timelines fixed for scrapping vehicles
  • LNG demand seen rising to power ships
  • Houthis threaten to widen attacks in the Red Sea, Gulf of Aden
  • Change of bulk vessel operations from Berth No. 9 to NCB-II at VOC Port
  • YOU ASK.. WE ANSWER...

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International Transport Journal web site
MAY 9, 2024
  • New era dawns in Zurich
  • 60th Business Run: come and run in Rotterdam!
  • BRG augments its portfolio
  • An all-electric pharma hub
  • Dachser picks manager for Vienna office
  • 1,000 CNG-vehicles for Tanzania
  • Swiss WorldCargo expands its network
  • A brand to manage bulk carriers
  • HFW: a partner and an associate for Paris office
  • 30 Airbus A350 widebody aircraft
  • LTG and Ukrainian railways strengthen cooperation
  • Continuing the cold chain in Chile
  • Continental's digital tools at TOC Europe 2024
  • "Curiosity of the Day"
  • Scandlines: a new team at the helm
  • UP expands intermodal service
  • What's next for Walmart?
  • AA Cargo: new routes and more service this summer
  • Ceremony marks new chapter for Iloilo port

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The Loadstar web site
MAY 8, 2024
  • Asia-Europe ocean trades a nightmare scenario - 'unless you're a carrier'
  • Pressure grows on hauliers at borders in Black Sea region as traffic increases
  • Blockbuster DB Schenker sale in a tight spot
  • South Korean ports must boost productivity to be chosen as liner hubs
  • Expeditors - where history rhymes
  • Container shipping: a riddle, wrapped in a mystery, inside an enigma
  • The shifting landscape of the world's air cargo carriers
  • Brokers fear huge bills following confusion over new UK import charges
  • Ecommerce driving increased demand on Asia-Europe lanes for LH Cargo
  • BG Freight Line adds its 'greenest feeders yet' to its fleet
  • A bad day for FedEx

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Marine Log web site
MAY 8, 2024
  • Bollinger starts building ULA's new SpaceShip
    ULA (United Launch Alliance) has a next generation Vulcan rocket. With lot of work already lined up for the rocket, ULA is building a new RO/RO ship, called SpaceShip to carry the
  • GAO reports on problems plaguing top Coast Guard shipbuilding programs
    The deliveries of the Coast Guard's Offshore Patrol Cutter (OPC) and Polar Security Cutter (PSC) lead ships are delayed by almost four and five years, respectively. Additionally, the OPC and PSC cost

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Container News web site
MAY 8, 2024
  • Container ship deliveries hit new record of 1 million TEUs
    "In 2023, 2.3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. Year-to-date another record has been set as more than 1 million TEU has already been delivered during the first four months of the year, an increase of nearly 80% compared to the previous record," says Niels Rasmussen, Chief Shipping Analyst at BIMCO. As ship recycling has so far only reti
  • What Are Sales Bookings?
    The term "sales bookings" is a crucial concept in the lexicon of business and finance, functioning as an early indicator of revenue. It represents commitments made by customers to purchase a company's products or services, often documented before an invoice is issued or revenue is realized. This forward-looking metric provides a glimpse into the health and potential growth of a business and offer
  • Philippine Ports Authority hands over ICPC to VCT
    The Philippine Ports Authority (PPA) officially handed over the management and operation of the Iloilo Commercial Port Complex (ICPC) to Visayas Container Terminal (VCT) in a ceremony on 6 May 2024. The event was attended by officers of PPA, VCT and International Container Terminal Services, Inc. (ICTSI), together with stakeholders from Iloilo industries and representatives from shipping line SIT
  • Maersk launches New Zealand service
    Maersk has announced the introduction of an upgraded service offering to support logistics requirements covering New Zealand and the Islands. Commencing on 17 May from the port of Tauranga, the new NZPAC network will offer improved service frequency with a fixed day, weekly service from New Zealand (Tauranga, Auckland) to Fiji (Suva, Lautoka) and Samoa (Apia). The Danish ocean carrier said the up
  • Hapag-Lloyd, CMA CGM update Far East Service
    Hapag-Lloyd and CMA CGM will make changes in their joint service, Far East Service (FE9), replacing the Port of Singapore with the Port Klang on the eastbound rotation. The updated service rotation will be Rotterdam, Netherlands -> Southampton, UK -> Antwerp, Belgium -> Le Havre, France -> Port Klang, Malaysia -> Qingdao, China -> Shanghai, China -> Ningbo, China -> Yantian, China. The new rotati
  • MSC ship enters Baltimore to evacuate containers
    One of MSC's ships has become the first vessel to call at Baltimore Port's Seagirt Container Terminal since the Francis Scott Key Bridge collapsed on 26 March. Alphaliner's report stated that the 2,797 TEU MSC Passion III, which is deployed to the Swiss operator's Philadelphia Express service connecting Philadelphia to Bahamas' Freeport, Moin, Colon and Cristobal, made an ad hoc call to Seagirt t
  • Shift in box lines' strategy to owned tonnage
    Liner operators have been increasing the proportion of owned to chartered ships in their fleet as the Covid-19 pandemic made them cash-rich amid rising charter costs, according to Alphaliner's report. MSC has been the most striking example of a carrier favouring vessel owner ship at the expense of chartering, having bought the most ships among operators since 2020. MSC has ordered 88 newbuildings
  • Maersk applies new peak season surcharges from Asia to Africa
    Maersk has announced new peak season surcharges (PSS) from China, Hong Kong and Taiwan to several African destinations. Effective from 6 May, the Danish ocean carrier will implement the following PSS from China and Hong Kong to Senegal, Guinea, Mauritania, Gambia, Liberia, Sierra Leone, Cape Verde Island and Mali, and effective from 25 May, Maersk will implement the same PSS from Taiwan to the af
  • cargo-partner expands air freight solutions from Amsterdam and Brussels
    Global logistics provider cargo-partner now offers seamless air freight solutions from Amsterdam, Netherlands and Brussels, Belgium to key locations across Europe, Asia, the Americas and South Africa. cargo-partner has expanded its air freight offering to provide daily and weekly services from key airports across Belgium and the Netherlands to destinations worldwide, aiming to ensure timely deliv
  • What Can an eCommerce Development Company Do for You?
    Business owners in all industries often find themselves too busy with a lot of tasks, ranging from financial management to making strategic decisions. Especially solopreneurs may find it difficult to manage all aspects of their online business, which is where an eCommerce development company can step in to provide help. How can they help an online store owner grow and improve their business? What
  • Porto Itapoá sets new monthly container record
    Porto Itapoá set a new monthly record in April, moving 107,475 TEUs, and surpassing the previous record of 106,565 TEUs set in October 2023. Felipe Fioravanti Kaufmann, Director of Business Development and Customer Experience at the Brazilian port, believes these numbers confirm the growing importance of the Terminal as a logistics option for the market. "We were the private terminal that grew th
  • Port of New York and New Jersey surpasses 2 million TEUs in first three months
    The Port of New York and New Jersey handled 701,648 TEUs in March bringing the first quarter total volumes to 2,001,449 TEUs, translating to a 12% percent growth from the same period in 2023. This increase in volume is due to manufacturing restarting overseas following the Lunar New Year holiday, according to the Port Authority of New York & New Jersey. Imports rose by 23.5% in March totaling 353
  • ICTSI increases first-quarter revenues amid stable box volumes
    Global port and terminal operator International Container Terminal Services, Inc. (ICTSI) reported 3.1 million TEUs in the first quarter of 2024, retaining relatively the same container volume as the previous year's first quarter. Additionally, the company reported revenues of around US$640 million, translating to an 11% increase from the same period last year, while its earnings before interest,
  • BG Freight Line unveils new green vessels
    BG Freight Line has unveiled its greenest ships that will help its customers reduce their carbon emissions. The four new ships will use a state-of-the-art scrubber to catch CO2 and sulphur particles and will have increased cargo capacity that will result in a lower carbon footprint per container. They are also equipped to handle biomethanol, allowing them to be powered by this sustainable fuel so
  • Efficient shipping using Bulk Bags and Liners
    The shipping industry moves lots of goods every year. They transport things like liquids, food, chemicals, and animals. This means they need to be careful when moving large amounts of material. They choose special containers and bags for this. Two common materials used are bulk bags (also called FIBCs) and liners. The bulk bag industry is expected to grow from $3.1 billion in 2023 to $5.2 billion
  • New CEO at London P&I Club after 15 years
    The London P&I Club has announced that Ian Gooch will be stepping down during the year from the role of Chief Executive Officer after 15 years as CEO and 21 years as a Director of A.Bilbrough & Co., the Company that manages The London P&I Club, a marine mutual liability insurer in the United Kingdom providing Protection and Indemnity (P&I) insurance for the global shipping industry. Subject to re
  • Leading port operators to significantly invest in Chittagong Bay Terminal project
    AD Ports Group will invest around US$1 billion in the under-construction Bay Terminal in the port city of Chittagong, Bangladesh. A four-member team of the Dubai-based port group is scheduled to visit Bangladesh on 13 May to discuss the investment project with the Chittagong Port Authority (CPA). The two sides are expected to sign a memorandum of understanding on the investment plan on 16 May. A
  • Boxship sales reach levels not seen since 2022
    Clarksons' April report said that secondhand boxship sales reached a two-year high in the first quarter of 2024, with 241,000 TEUs changing hands. The world's largest shipbroking group said that sales activity was pronounced in the 8,000 TEU to 12,000 TEU size range, accounting for 40% of all capacity sold. Clarksons remarked, "Buyers in the Far East and Europe have scrambled to lock-in much soug

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Splash web site
MAY 8, 2024
  • International Seaways swells LR1 orderbook
    US tanker owner International Seaways has expanded its orderbook of LR1 newbuilds in South Korea to six vessels. The New York-listed firm said it had declared options for two additional scrubber-fitted LNG-ready 75,000 dwt product carriers for delivery in the third quarter of 2026. The Lois Zabrocky-led owner and operator of 81 ships contracted four ...
  • New chief executive for Stainless Tankers
    Stainless Tankers of Norway is set for a leadership change later this year. The Oslo-listed outfit backed by UK-based Tufton Investment Management will be headed by Tufton's chief executive, Andrew Hampson, after Alex Karakassis steps down on June 30. "I would like to pass on my sincere thanks on behalf of the entire board for ...
  • Christen Sveaas takes over as Siem Offshore chairman
    Norwegian investor Christen Sveaas has taken the reins at Norwegian OSV player Siem Offshore. Sveaas has become the chairman of the Oslo-listed company following the exit of its founder and now ex-chairman, Kristian Siem. The tycoon, via his investment vehicle Kistefos, bought into Siem Offshore in May 2022, becoming the company's second-largest shareholder with a ...
  • Costamare-backed Neptune Leasing expands into Asia
    Harris Antoniou-led Neptune Maritime Leasing has expanded its operations into Asia and appointed a leading man for the region. The maritime leasing platform hired former ABN AMRO man Chih Keong Kwek as the director of origination in Asia with a base in Singapore. "We are pleased to announce the expansion of our services to Asia ...
  • Flex LNG's new charter ensures full fleet charter coverage for 2024
    John Fredriksen-backed Flex LNG has won a new time charter agreement with an undisclosed client for one of its LNG carriers. The client, described only as a large Asian LNG importer, hired the 173,400 cu m LNG carrier Flex Constellation for 312 days. The charter began on Monday, May 7, and will last until the ...
  • Diamond Offshore seals deal to market three drillship newcomers
    Diamond Offshore has secured rights to market three new 7th-generation drillships. The Houston-based drilling contractor has sealed a deal with the owner of West Dorado and West Draco (Pictured) to market the rigs in Brazil, Latin America, West Africa, Malaysia, and Indonesia. The rigs were picked up from Samsung Heavy Industries last year by Eldorado ...
  • Two more MSC ships targeted by the Houthis
    Two more boxships belonging to Mediterranean Shipping Co (MSC) were attacked by the Houthis yesterday with Splash estimates now suggesting the number of merchant ships targeted in the region since November last year is closing in on 100 ships. The MSC Gina and MSC Diego - both around 4,000 teu in size - were targeted, ...
  • Intermarine makes dry bulk debut
    US MPP operator Intermarine has moved into the dry bulk segment with the launch of Intermarine Bulk Carriers. The newly founded business will commercially manage six bulkers from parent Harren Group with a combined 350,000 dwt. Forging ahead, the Houston-based outfit, part of the JSI alliance, will offer MPP vessels as well as ECO OHBS ...
  • Seadrill nets new deals worth $128m for drillship tandem
    Offshore rig operator Seadrill has won one new contract and one contract extension for two of its drillships. The West Capella secured a one-well contract in South Korea, with an estimated duration of 40 days, valued at approximately $32m. The deal includes a mobilisation fee of around $10m but excludes fees for additional services. The ...
  • Olympics fever sweeps across CMA CGM and Marseille
    Having taken Chinese president Xi Jinping to a snowy peak in the Pyrenees yesterday, Emmanuel Macron makes his way to Marseille today where Olympics fever is set to step up a gear with the arrival of the official flame. CMA CGM, as official logistics partner for the games, which kick off in 79 days, has ...
  • Cambodia presses ahead with canal project linking the capital with the Gulf of Thailand
    Cambodia is pressing ahead with a canal that will cut its reliance on Vietnamese ports. The 180 km Funan Techo Canal has Chinese backing and will connect Phnom Penh Autonomous Port with Kep and the Gulf of Thailand (see map below). The $1.7bn canal would begin at the Takeo Canal of the Mekong River, pass ...
  • IKEA selects Hapag-Lloyd for biofuel shipments
    Hapag-Lloyd has entered a cooperation with IKEA to use biofuel for shipments from Asia in a year's trial period, something the Scandinavian retail giant estimates will slash CO2 emissions by around 100,000 tonnes. IKEA's goal is to reduce the relative GHG emissions from their product transportation by 70% by 2030 and to only use zero ...
  • Making data actionable: Geneva Dry workshop has plenty of advice
    After the first session of the inaugural Geneva Dry conference chewed over digital efficiency drivers across the dry bulk supply chain, the second session of the day followed a similar - digital - path and looked at how large amounts of shipping data could be turned into actionable solutions. The session was opened by its ...
  • Use the US Navy's MBSE approach to prevent another Baltimore bridge disaster
    Dr Corren McCoy, chief data strategist at G2 Ops, an engineering and cybersecurity firm, writes for Splash today. The containership disaster that caused the collapse of the Francis Scott Key Bridge in Baltimore raises serious questions about how to make maritime systems around the world safer. While authorities have publicly ruled out a "deliberate act", ...

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Lloyd's List web site
MAY 8, 2024
  • Two engineers face US prison sentences for dumping oil off Greek tanker
    Two ship engineers face potential prison time in the US for violating pollution laws. The US says the two admitted...
  • Panama Canal rebound continues as transits rise again in April
    An increasing number of VLGCs are transporting US LPG to Asia via the neopanamx locks, while the panamax locks are...
  • Age is just a number? Seaways' older MRs generating strong rates as company handily beats expectations
    International Seaways sailed to another strong quarter, handily beating analysts' expectation. The company's older MR tankers generated strong earnings and Seaways...
  • 'Euronav 2.0' bolsters dividend payout as transformation continues
    The new incarnation of Euronav has reported its first quarterly results as a diversified shipowner focused on sustainable-fuel newbuildings. There...
  • Big vehicle carrier orderbook is needed, says Wallenius Wilhelmsen's Kristoffersen
    'Market analysts are concerned at the substantial orderbook which is approaching 40% of fleet capacity on the water. Our view...
  • Döhle family takes Braemar stake
    Investors cite 'attractive' valuation for London tanker shop, as it bounces back from probe into historic tax payments and share...
  • Record boxship capacity already delivered in 2024
    A low demolition rate means the world's container fleet has already grown significantly in 2024, on top of growth recorded...
  • Shell to sell Singapore refinery to Glencore joint venture
    Shell's Pulau Bukom refinery is an important bunker fuel supplier for the Singapore market
  • Tianjin lures owners with cheaper yuan loans for foreign flag ships
    The dollar income must be paid to special-purpose vehicles' accounts, subject to China's foreign exchange regulation
  • Cosco insists on exclusivity status despite Peru terminal backlash
    Cosco Shipping Ports has proposed the Peruvian government to open an 'institutional dialogue channel to resolve the controversy'
  • Gooch steps down at London P&I Club
    'Time is right to step aside,' says chief executive
  • Torm steps back from sale and purchase market after flurry of deals
    Torm chief executive Jacob Meldgaard is comfortable with the company's fleet composition following the expansion of its LR2 fleet and...
  • Weather holds up US floating pier operation to deliver aid to Gaza
    Construction of the piers are complete, but rough seas have prevented them from being towed into position off the coast...
  • Strong tanker and bulker rates boost Adnoc first-quarter revenues
    Adnoc Logistics & Services continued its fleet expansion strategy with new LNG carrier orders, after it took delivery of four...
  • Two MSC vessels the target of missile attacks in Gulf of Aden
    Several MSC ships have been targeted in the Red Sea and western Indian Ocean in recent weeks, alongside the hijacking...
  • Daily Briefing
    EU tentatively targets Russian LNG | Maersk justifies more rate hikes amid analyst doubt on Asia-Europe capacity loss | Baltimore...

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The Journal of Commerce web site
MAY 8, 2024
  • Strong consumer spending drives another import upgrade from US retailers
    The National Retail Federation has once again increased its forecast for imports into the 2024 peak shipping season, saying consumer spending remains strong despite geopolitical turmoil and stubbornly high inflation.
  • MPV carrier Intermarine broadens focus to bulk shipping
    The Houston-based company expands to 30 vessels as it takes on management of six Harren Group bulkers and adds two more MPV ships to its fleet.
  • US import dynamics illustrate mobility, and volatility, of IPI: analyst
    Changes in container volumes arriving in a particular port are driven by general economic conditions affecting the overall level of imports and the choice of that port as the import gateway for inland regions, writes analyst Larry Gross.
  • Vancouver works through rail dwell woes while warily eyeing labor talks
    Terminal operators in Vancouver are bracing for a possible strike by railroad conductors and engineers later this month just as the terminals are beginning to experience reduced rail container dwell times.
  • Import demand, weather strains already stretched shipping system
    The strains to the extended container shipping system amid the ongoing Red Sea disruption are showing again, largely due to higher-than-expected demand in Europe and the US for Asia imports.
  • IKEA signs up to use Hapag-Lloyd's green shipping product
    The Sweden-based home furnishings giant expects the green transport option to reduce CO2 emissions from its Asian imports by 100,000 tonnes.

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TradeWinds web site
MAY 8, 2024
  • Shipbroker Ifchor Galbraiths plots expansion of new tanker desk in Singapore
    Veteran broker Bruno Bai explains how merged company is looking to match the best of East and West at Asian tanker stronghold
  • Genco Shipping bests George Economou in recommendation of key advisory group
    Greek magnate has 'failed to articulate a compelling case for change' in proxy fight
  • Genco Shipping reports in-line earnings and another dividend in stronger first quarter
    Fixtures in current quarter firm slightly to top the $20,000 per day mark
  • Ardmore buys back product tanker duo from lease financier CMB
    New York-listed shipowner also extends contracts on chartered-in trio
  • International Seaways talks about the 'problem' with its older MR tankers
    Management also dishes on the LR1 newbuildings headed for profitable South American trade
  • Revealed: Which listed dry bulk owners are outshining the charter market and who is falling short
    This week's Streetwise looks at why public owners may be doing better in freight markets than financial ones
  • First cargo from New Fortress FLNG unit delayed until June
    New York-listed company says repairs to vessel's damaged cold box will be completed by the weekend following pipe blowout
  • Nakilat fleet boosted to 105 LNG carriers with nine QatarEnergy QC-Max vessels
    Middle East producer puts a name to ownership of remaining newbuilding giants
  • Stena Line goes for additional decks to improve ro-ro efficiency
    Additional deck adds 30% to cargo capacity and meets future efficiency requirements
  • 'Hard to be negative': Euronav targets $1bn in new contracts before 2025
    CEO Alexander Saverys bullish about markets on earnings call - barring container ships
  • Ardmore Shipping reports bigger-than-expected profit as second-quarter numbers show strength
    MR product tanker rates expected to rise to $40,500 per day in the second quarter
  • International Seaways tops earnings bets with another strong quarter
    Diversified New York tanker outfit churns out another big dividend while pursuing fleet renewal
  • Odfjell shares rally as owner revels in shipping disruptions and record quarterly result
    Chemical tanker owner's first quarter earns rave reviews from analysts
  • Red Sea and Panama squeeze pushes d'Amico International Shipping profit higher
    Chief executive Carlos Balestra di Mottola says supply and demand favour long-term fundamentals
  • 'Solid pricing': Torm eyes secondhand tanker deals with newbuildings off the menu
    Danish boss says company likes to do secondhand business, but newbuildings will not be ordered
  • AG&P LNG set to tap market for LNG commissioning cargo for Vietnam terminal
    Company being approached by 'multiple developers' to provide FSRUs
  • Seafarers face jail after admitting dumping oily waste from Greek tanker in US
    Engineers from Avin International's Kriti Ruby could also be fined after offences in New Jersey
  • Bumper Belships payout 'positively surprises' analysts as owner beats estimates
    Supramax and ultramax owner comfortably surpassed estimates, despite an Ebitda miss
  • 'Trifecta of bearish news for dry bulk': Himalaya Shipping stock downgraded
    Newcastlemax owner has boosted its monthly dividend for April
  • How Emanuele Grimaldi banked a handsome payday from Gram takeover as part of 'lucky' car carrier investments
    Italian shipowner discusses how a swoop by Gianluigi Aponte had a positive impact on his own finances
  • Houthis may now 'have a taste' for maintaining profile on world stage, Torm chief says
    Jacob Meldgaard less confident of seeing a swift end to attacks on ships
  • Scrubbers on ships have caused €680m in toxic damage, study claims
    Research adds weight to argument for ban on open-loop scrubber use
  • Christen Sveaas takes over as chairman at Siem Offshore after fleet split
    After ousting Kristian Siem, magnate takes control of board
  • MPC Capital lifts bottom line 58% on back of Zeaborn deal
    Company completes acquisition of German ship manager and eyes green shipping opportunities
  • Wallenius Wilhelmsen sold out of ships amid tight car carrier market
    Oslo-listed owner earning higher rates as contract renewals continue
  • Tufton boss Andrew Hampson takes over at Stainless Tankers as CEO Alex Karakassis quits
    Oslo-listed owner says company is in good hands with experienced executive from big backer
  • Flex LNG hoists 'sold out' sign for 2024 as it fixes redelivering vessel
    Asian charterer snaps up five-year-old, two-stroke ship in one-year deal
  • Avance Gas extends VLGC deal as spot rates spike from Middle East Gulf
    John Fredriksen company adds another year to charter with energy major
  • EU sanctions come into sharper focus for Russian LNG
    Member states to discuss proposals including vessel targets
  • Adnoc L&S raises 2024 revenue forecast on back of strong first quarter
    Middle East giant reports strong revenue growth for all ship types except gas carriers
  • Torm reveals tanker sale as profit soars in product market set fair for three years
    Danish product owner bullish on medium-term prospects due to fundamental changes in refining capacity
  • Newcastlemax sales boost 2020 Bulkers first-quarter fortunes
    Further gains from the sales will be recognised next quarter
  • Euronav logs massive $495m profit as it reports bulker and boxship earnings for first time
    Saverys-controlled tanker owner completed CMB.Tech takeover and banked huge ship-sale gains in first quarter
  • Costamare leasing arm expands in Asia with former ABN Amro man
    Neptune Maritime Leasing sets up shop in Singapore with veteran corporate banker Chih Keong Kwek
  • Belships reveals Lighthouse price tag and hikes dividend payouts
    Results shed more light on Lighthouse Navigation transaction announced last week
  • Intermarine to manage Harren Group bulkers as it jumps into dry cargo trade
    Company says move will open up completely new markets and customer groups
  • Capesize market hits six-week high as rates rocket in the Atlantic
    Market is back in full swing after the Orthodox Easter holiday
  • Major Maersk container ship order stalls as Evergreen inks contract in China after yard beauty contest
    Taiwanese company is ordering methanol dual-fuel feeder vessels
  • Intermarine to manage Harren Group bulkers in move into dry cargo trade
    Company says move will open up completely new markets and customer groups
  • LPG carrier newbuilding orders continue to set new records, says Clarksons
    The cost of a newbuilding VLGC has increased by over 50% since early 2021 to $118m
  • Start-up Nautisense launches from Singapore incubator to offer deep AI in maritime
    Company's MantaMind can be deployed in the cloud, on a tablet, on a ship or in the office

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American Shipper web site
MAY 8, 2024
  • ABX pilots win back Amazon business with power of positivity
    ABX Air's pilots union is out of Amazon's doghouse, resulting in an improved labor agreement and a contract to fly 10 freighters.
  • New shipping routes highlight growing Asia-to-Mexico trade
    Global ocean carriers are targeting the growing trade from China to Mexico with new express services.

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