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01 July 2025 - Year XXIX
Independent journal on economy and transport policy
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December 12, 2024

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Exim India web site
DECEMBER 12, 2024
  • APSEZ to not avail of US funding for Sri Lanka terminal
  • PSA Chennai successfully manages first full train cargo from ICD Nagpur
  • Gujarat Junction 2024 to offer comprehensive insights on taking Gujarat's logistics success story forward
  • Changing role of Custom Brokers emphasised at FFFAI's 63rd Foundation Day in Bengaluru
  • S&P retains 6.8 pc growth rate for FY25
  • Amazon targets $80 billion exports from India by 2030
  • Singapore Port Authority inks pact to boost digital transformation
  • JNPA hosts key workshop
  • Sonowal introduces Merchant Shipping Bill, 2024 in Lok Sabha
  • Milaha and ASSC sign long-term charter agreement for eco-friendly container ships
  • ONE announces Indian Ocean Express (IOX) service
  • You Ask We Answer
  • City logistics plan for Delhi, Bengaluru, says DPIIT
  • MSC adds eastbound call in Cape Town on India-Africa Service
  • Beyond fuels and technology: The human element in maritime decarbonisation

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International Transport Journal web site
DECEMBER 12, 2024
  • Albatros Express augments transport portfolio
  • Moselle: lock closure disrupts supply chains
  • First of 120 e-trucks delivered to Duvenbeck
  • Tackling post-Brexit exports
  • Expanded services to drive trade opportunities
  • Connie Award: promoting industry awareness
  • "Curiosity of the Day"
  • Embracing digital solutions
  • Knorr-Bremse accelerates automation
  • G&W's short line to handle services for UP
  • Westjet Cargo launches blood donation campaign
  • Second neo-Panamax container ship delivered
  • Airport association elects new leadership

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The Loadstar web site
DECEMBER 11, 2024
  • New owners install new management team at Seko Logistics
  • Strong Q4 and booming ecommerce drives 'record peak season' for air cargo
  • ILA VP Daggett rebuts claims US ports are 'inefficient', but hits out at low investment
  • The US Line: Leadership and why DEI actually matters
  • Opening for MSC as CMA CGM pulls out of Hamburg terminal project?
  • Adani: we can weather bribery claims storm - it's 'business as usual'
  • Courier customers hit by knock-on effect of Canada Post strike
  • Yangpu Newnew China-Russia services dominate NSR box trades

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Marine Log web site
DECEMBER 11, 2024
  • VIDEO: Silver Ships delivers USACE survey catamaran
    Theodore, Ala.-headquartered Silver Ships has completed the construction and delivery of a 35-foot hydrographic survey catamaran to the U.S. Army Corps of Engineers (USACE) Detroit District. The advanced vessel is specifically designed
  • Incat Crowther to design new all-electric cargo transfer vessel
    Singapore's marinEV, a business of Yinson GreenTech, has commissioned Incat Crowther to design an ultra-efficient, all-electric light cargo transfer vessel. The vessel, Hydromover 2.0, will transport light cargo such as stores, food

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Container News web site
DECEMBER 11, 2024
  • Port of Duqm as Oman's strategic pivot in global trade amid regional tensions
    Amid significant changes in the global logistics landscape driven by geopolitical shifts, emerging trade hubs like the Port of Duqm are stepping up to fill potential gaps in influence. These developments position such hubs as crucial nodes in the evolving network of global trade.
  • EY's report highlights ASEAN's strategic trade position and investment initiatives
    EY's Geostrategic Report highlights that the 44th and 45th ASEAN Summits, which involved discussions with China, resulted in an enhancement of the ASEAN-China Free Trade Area.
  • Maersk opens first warehouse in France
    With the commencement of operations at its new warehouse in Denain, Northern France, Maersk is now providing fulfillment services for a leading global e-commerce company. Strategically located within one of Europe's key logistics hubs, this marks Maersk's first warehouse in France. The 75,000 m² facility, part of the 100,000 m² GLP Park Denain complex, is fully operational. Positioned near Lille
  • Liebherr secures first US West Coast STS crane contract
    Liebherr Container Cranes announced its first-ever contract to deliver ship-to-shore (STS) container cranes to the West Coast of the United States. TraPac Oakland, a container terminal operator in California, has awarded Liebherr a contract for two cutting-edge STS cranes. Although Liebherr has previously supplied STS cranes to ports along the US East Coast, this marks the company's debut on the
  • DB Schenker adds Volvo FM Electric trucks to its fleet
    By adding 40 Volvo FM Electric trucks to its German fleet, DB Schenker is advancing its commitment to a sustainable future in the logistics sector. These 20-ton electric trucks, equipped for trailer operations, are well-suited for both urban and regional transport. Starting in December 2024, the new vehicles will be deployed across Germany. In its pursuit of sustainable logistics, DB Schenker con
  • Maersk vessel in convoy attacked by Houthis twice in 10 days
    Another one of Maersk Line's US-flagged ships has been targeted by Houthis. The 2004-built 2,500 TEU Maersk Saratoga was escorted by US warships out of Djibouti when the Houthis struck, 10 days after another assault in the vicinity. Houthi spokesman Yahya Saree disclosed that two "American" destroyers and three "American" supply ships were targeted in the Gulf of Aden. Vessel-tracking data from S
  • Adriatic Gate Container Terminal installs alarm system to reduce noise pollution
    Adriatic Gate Container Terminal (AGCT) has installed white noise reversing alarms on two of its rail-mounted gantry cranes (RMGs). The cranes, selected for their proximity to residential areas, now feature an advanced alarm system that reduces noise pollution. White noise reversing alarms emit a softer, more localized sound resembling a gentle hiss rather than the high-pitched beeps of tradition
  • Dutch seaports unite to launch national cybersecurity platform
    Digital threats pose an increasing risk to nautical and logistical operations in Dutch seaports. To address these cyber risks, the Seaports Trade Organisation (Brancheorganisatie Zeehavens, BOZ), the Ministry of Infrastructure and Water Management, and the National Coordinator for Counterterrorism and Security (NCTV) have collaboratively developed the Cyber Strategy for Dutch Seaports. As part of
  • Syria's shipping profile: Navigating sanctions and seeking growth
    Amid significant geopolitical shifts in the Middle East, Syria's shipping profile will soon become a key concern for global shipping stakeholders due to the importance of its two Mediterranean ports.
  • Asia-Europe ocean rates continue to climb on early LNY rush
    Ocean rates from Asia to Europe and the Mediterranean increased last week, with prices of US$5,300/FEU to Europe approaching levels in the lead-up to the last Lunar New Year (LNY) back in January. Rates may already be increasing on pre-Lunar New Year demand as Asia-Europe/Mediterranean shippers need to ensure they move sufficient inventory out of Asia before the holiday slowdown or risk extended
  • Mainline operators still in five-year extraordinary profit cycle, thanks to Red Sea crisis
    Alphaliner's report says that 2024 is on track to be the third most lucrative year in container shipping history despite the higher costs borne by container carriers to divert tonnage around the Cape of Good Hope.
  • Hapag-Lloyd increases rates from Middle East & Indian Sub to North America
    German ocean carrier Hapag-Lloyd has announced that a General Rate Increase (GRI)/General Rate Adjustment (GRA) will be introduced for shipments from the Indian Subcontinent and Middle East to North America. This adjustment will apply to all containers gated in full on or after 15 January 2025 and will remain in effect until further notice. The GRI/GRA of US$1,000 per 20' or 40' unit will apply t
  • South Korea to invest nearly US$10 billion in Busan Port
    South Korea's government will invest 14 trillion won (around US$10 billion) in Busan Port upgrades through 2045, aiming to achieve the world's largest container handling capacity. Under the plan, South Korea will build a new port in Changwon, near Busan, integrating it with the existing Busan Port to create a unified "mega port" with double the current cargo handling capacity, according to South
  • AD Ports Group earns A1 credit rating from Moody's
    Global credit rating agency Moody's has assigned AD Ports Group an initial A1 credit rating with a stable outlook. This rating highlights the Group's strong financial performance and solid growth prospects. The A1 long-term issuer rating reflects AD Ports Group's Baseline Credit Assessment (BCA) of Baa2 and underscores its strategic importance, bolstered by the Government of Abu Dhabi's majority

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Splash web site
DECEMBER 11, 2024
  • Next Geosolutions expands fleet with MPSV acquisition
    Marine geoscience and offshore construction support player Next Geosolutions (NextGeo) is expanding its fleet with the acquisition of a multipurpose survey vessel (MPSV) from Norway's Beitveit Holding. The Milan-listed company, part of Naples-based shipping group Marnavi, is paying €6.75m ($7.1m) for the 2010-built Sea Admiral, which will be renamed NG Explorer and used for geophysical, ...
  • SLB lands contract for all Petrobras' offshore fields in Brazil
    Houston-based oilfield service giant SLB has won a contract from Petrobras for integrated services across all the operator's offshore fields in Brazil. Under the contract, estimated at about $800m, SLB will oversee the construction of more than 100 deepwater wells, utilising advanced drilling, cementing and drilling fluids technologies on up to nine ultra-deepwater rigs. The ...
  • Odfjell snaps up four leased tankers
    Norway's Odfjell is boosting its owned fleet through a purchase option on four vessels it currently has on long-term lease deals. The move will see the Oslo-listed chemical tanker owner and operator add a total of seven 35,000 dwt to 41,000 dwt stainless-steel super-segregator vessels in the next 14 months, after taking advantage of three ...
  • MOL orders ammonia dual-fuel newcastlemaxes
    Mitsui OSK Lines (MOL) has beefed up its orderbook with a new deal for newcastlemax bulk carriers in China. Newbuilding brokers say the Japanese shipping giant has contracted four 210,000 dwt units at leading newcastlemax builder CSSC Qingdao Beihai Shipbuilding for delivery in 2027 and 2028. MOL had ordered three bulkers of similar tonnage at ...
  • Dynacom linked to more suezmax orders
    Greece's Dynacom Tankers has been tied to another deal for suezmax newbuilds, but this time in China. Brokers in Greece report George Procopiou's company has signed a letter of intent for four 163,000 dwt ships at Chinese state-run Qingdao Beihai Shipbuilding. The quartet is priced at about $328m, with estimated deliveries between 2027 and 2028. ...
  • TECO 2030 files for bankruptcy
    One of Europe's more high-profile marine fuel cell developers has filed for bankruptcy. Norway's TECO 2030 made the announcement last night, saying it was no longer possible to raise sufficient capital to continue operations at the five-year-old company. Europe has found itself struggling this year to remain competitive when it comes to fuel cell technology ...
  • Ørsted sells half of its stake in Taiwanese offshore wind farm for $1.6bn
    Danish offshore wind developer Ørsted has agreed to sell a 50% stake in its Greater Changhua 4 offshore wind farm to Taiwan's Cathay Life Insurance for DKK 11.6bn ($1.64bn). The deal has been in the works for over a year since Ørsted selected Cathay Life Insurance as the preferred bidder for half of its stake in ...
  • COSCO and MOL link up for QatarEnergy supersize LNG carriers
    COSCO Shipping Energy Transportation (CSET), the oil and gas shipping unit of COSCO Shipping Group, and Japan's Mitsui OSK Lines (MOL) are teaming up for six supersize gas carrier newbuilds that will serve Middle Eastern liquefied natural gas (LNG) producer QatarEnergy. The Chinese state-owned shipping giant will acquire a 50% stake through one of its ...
  • Evergreen and PIL join growing throng of liners opting for windshields
    Nose jobs are this year's must-have among cash-rich liners. Evergreen and Pacific International Lines (PIL) are the latest two carriers to add windshields to the prows of containerships under construction in Asia with Alphaliner carrying images of the new ships sporting their fuel-saving devices. Ocean Network Express (ONE) and CMA CGM were the first liners ...
  • MSC takes orderbook above 2m teu with Hengli megamax orders
    Alphaliner is reporting another big order from the world's largest containerline, taking the orderbook at Mediterranean Shipping Co (MSC) past the 2m teu mark. MSC has tapped one of its new favourite yards, Hengli Heavy Industry, formerly known as STX Dalian, for ten 24,000 teu megamaxes in a deal estimated to cost somewhere in the ...
  • RWE, TotalEnergies pick construction base for Dutch offshore wind farm
    German utility RWE and French energy major TotalEnergies have selected the port of Eemshaven in the northern Dutch province of Groningen as the base for turbine assembly and construction work for the OranjeWind offshore wind project in the Dutch North Sea. To this end, the OranjeWind joint venture has signed an agreement with Buss Terminal ...
  • Shell and Greenpeace settle lawsuit over FPSO boarding incident
    Supermajor Shell has settled its multimillion-dollar lawsuit against environmental group Greenpeace for boarding an oil rig early last year during one of the group's protests. Shell initially sued Greenpeace for $2.1m in damages but, according to the environmentalist group, demanded only $1m in damages and planned to spend another $10m in legal fees, which Greenpeace ...
  • Busan port set for massive expansion to double handling capacity
    South Korea's largest port is set for huge expansion, taking over quayside at a nearby city. South Korea's oceans ministry unveiled plans today to invest KRW14trn ($9.75bn) through 2045 to upgrade Busan port. South Korea will construct a new port in Changwon, 25 km west of downtown Busan, integrating it with the existing Busan port ...
  • Adani eschews US loans for Colombo port project
    Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) Limited has withdrawn from a $553m loan pact with the US International Development Finance Corporation (DFC) to develop a port terminal in Sri Lanka's capital Colombo. APSEZ said it will finance the project through its internal accruals and capital management plan. Last month Adani, alongside seven ...
  • Armed pirates board tanker off Indonesia
    A Singapore-flagged tanker was boarded by two individuals yesterday while transiting eastbound through the Phillip Channel of Singapore Strait, just northwest of Kapalajernih Island, Indonesia. The suspects were armed with bladed weapons. During the incident, the vessel was underway at 8.5 knots, with an estimated freeboard of 8.7 m. No casualties or damage to the ...
  • Your guide to everything you need to know about FuelEU Maritime
    Splash Extra leads today with the ultimate primer for what to expect from the January 1 introduction of FuelEU Maritime, arguably the most stringent new regional shipping legislation in more than a generation. Readers can learn about how the legislation works, the potential fines, and the options owners face to comply with the environmental ruling. ...
  • Shipping braces for the FuelEU Maritime era
    In three weeks shipping will have to come to terms with the single largest slice of new regional legislation for more than a generation. FuelEU Maritime launches January 1 with experts warning the penalties the European Union could dish out could send some companies bankrupt. The rules mandate stringent greenhouse gas (GHG) emission intensity requirements ...
  • How to solve the work/rest issue at sea
    Bravo to Bikram Bhatia for painting in black and white one of shipping's worst kept secrets - overworked men and women at sea. It's well known that shipping tends to fudge its reporting of work and rest hours at sea, but Bhatia, for his PhD dissertation, has spent the last three years assembling so much ...
  • December 2024 Review
    Changes are afoot in the Iranian-linked VLCC fleet with less than six weeks until Donald Trump is sworn in as the 47th president of the US. The US imposed further sanctions aimed at Iran's tanker fleet this month, while China has started to ease imports of Iranian oil. Moreover, two shadow fleet VLCCs are being ...
  • 2024 Annual Review
    The Red Sea shipping crisis dominated headlines throughout the year. The Houthis displayed greater sophistication in their attacks on merchant shipping, and have now targeted more than 120 ships, forcing a giant swathe of the global merchant fleet to reroute via the Cape of Good Hope. With no resolution on the near three-year war between ...
  • Tankers in 2024: the good, the bad and the ugly
    The Baltic Dirty Tanker Index averaged 1,395 points in 2022, then 1,150 points in 2023 and by December 4, 2024, it had averaged 1,105 point for the year to date. Where was the much vaunted supercycle that 2022 was supposed to herald? The last three years of the crude oil tanker freight market have been ...
  • Dry cargo in 2024: China, China and China
    In the bulk carrier freight markets, the ugly situation in the Red Sea turned out to be good for capesize tonne-miles and earnings in the early part of the year as brokers reported more than 60 capesizes diverting from the Suez route via the Cape of Good Hope in January alone. This had the lucky ...
  • Liners in 2024: Houthis, tariffs, and upside surprises
    When the liner company executives put out their forward looking statements for 2024, they used phrases like "a new normal" or "challenging circumstances". With an orderbook in excess of 24% of the fleet on January 1 and rising, it looked like 2024 would be a year in which the pandemic boom would become a bust. ...
  • Analyst Abstract
    Dry Bulk Capesizes normally enjoy the December festive season. Not this year where rates have collapsed to levels barely above operating expenses, a damp squib ending to what has otherwise been a profitable 2024. "The anticipated strong finish to the year now feels like a distant memory," stated Breakwave Advisors, going on to predict that ...
  • The mismatch between an underwhelming freight market and high prices
    With the exception of the still bullish container sector, the sale and purchase markets have quietened down in the opening 11 days of December. "It feels like people are limbering up for hols and buyers will wait for pricing to come down and sellers don't want to sell into a flat market," says one Asia-based ...
  • Can India reach its ambitious shipbuilding targets?
    For one of the largest countries by area and the most populous country in the world, India's ambitious shipbuilding targets should come as no surprise. However, the steep path it has to climb to reach these lofty goals should not be underestimated. India is currently outside the top 15 with a market share of only ...

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Lloyd's List web site
DECEMBER 11, 2024
  • Signal re-enters product tanker fray in venture with chartering veteran
    After initial plan to build a 'robust' product tanker fleet, the partners are also eyeing pooling in new and untapped...
  • Fuel cell maker Teco 2030 files for bankruptcy
    Norwegian hydrogen fuel cell maker Teco 2030 has filed for bankruptcy amid flagging demand and government support
  • Baltic Exchange launches free FuelEU calculator
    The Baltic Exchange has added a FuelEU tool to its free cost calculator so owners and operators can see what...
  • RightShip revises timing for younger vessel inspections after industry pushback
    Dry bulk vessels are seriously lagging behind other sectors on safety metrics and are 10 times more likely to be...
  • How much do S&P downgrades matter to marine mutuals?
    In short, it smarts
  • US senators tell Treasury to ratchet up Iran sanctions
    Ofac's actions in October and December targeting Iran's petroleum sector were 'encouraging steps', but the Treasury Department must continue to...
  • US Navy repels second Houthi attack on merchant convoy
    Two US destroyers engaged and destroyed multiple drones and an anti-ship cruise missile aimed at three US-flagged vessels
  • Britannia P&I club downgraded by S&P
    International Group affiliate said to 'lag behind peers' on underwriting performance
  • MSC returns to Hengli Heavy for 10 more LNG dual-fuel boxships
    Order is understood to not yet be finalised as refund guarantees from banks have not been obtained
  • Busan to undergo $10bn transformation into 'megaport'
    South Korea's Ministry of Oceans and Fisheries said regional conflicts and growing protectionism were both 'a crisis and an opportunity'...
  • Adani withdraws US funding request for Colombo terminal
    Chairman Gautam Adani was charged with conspiracies to commit securities and wire fraud in the US last month, after an...
  • MSC buys up more secondhand boxships as demand for capacity remains high
    Recent containership sale and purchase activity included a pair of 4,500 teu units purchased by a German tonnage provider, while...
  • What Assad's downfall means for the Red Sea shipping crisis
    Nervous container freight futures investors have sensed ominous signs drawing closer. Security experts agree that Syria is another big blow...
  • The Daily View: First signs of greater transparency
    Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
  • Daily Briefing
    Transpacific spot rates hit by combo of lower US imports and higher vessel supply | Barbados will keep Qualship 21...

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The Journal of Commerce web site
DECEMBER 11, 2024
  • Busan to target shipping alliances with new $10 billion port to boost competitiveness
    The proposed facility, at Jinhae about 25 miles west of downtown Busan, would have nine berths in its first phase capable of handling more than 6 million TEUs annually by 2032.
  • New terminal sales by Yellow raising stakes for US LTL carriers
    The direct sale of 12 terminals to Estes and R+L Carriers accelerates repositioning among the largest LTL carriers ahead of an anticipated increase in demand in 2025.
  • India averts port worker strike with wage deal ratification
    A consortium of six national labor groups, representing thousands of dockworkers in the country, was to launch an indefinite industrial action from Dec. 17 without the deal.
  • New Maersk warehouse in France expands European e-commerce coverage
    The facility's launch customer is known to be Amazon, which will use the strategically located warehouse to provide fulfilment services across the region.

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TradeWinds web site
DECEMBER 11, 2024
  • Ammonia engine delays prompt Eastern Pacific to switch dual-fuel newcastlemax bulkers to LNG
    Shipowner takes 'precautionary move' on half of a series of bulkers on order due to problems with development of engines
  • TUI touts 'very strong performance' as cruise earnings surge
    Dividends from TUI Cruises expected to return to pre-pandemic levels next year
  • Rio Tinto fixtures pull Australia-to-China capesize rates to lowest level in nearly 22 months
    Average rates hit three-month low and futures lose further ground
  • Polembros chief executive George Vakirtzis to step down as next Polemis generation takes charge
    Veteran manager passes the torch after 40 years of service at traditional Greek owner
  • Baltic Exchange aims to become FuelEU cost benchmark with free emissions tool
    London exchange argues the sector needs a trusted voice to help owners calculate expenses
  • RightShip bows to industry criticism and redraws inspection age plans
    Date changes follow consultation with industry bodies worried about impact on owners as rush of 13-year-old vessels come of age
  • Odfjell goes Christmas shopping with seven tankers and fresh financing
    Bergen chemical tanker owner trumpets 30% discount on five vessels
  • 'Different times are coming': Signal Maritime starts new pool venture with ex-Petroineos head of shipping
    Hi-tech pool player partners with experienced chartering manager Giacomo Calamari to revive its product tanker plans
  • Half of ships struggling for grades in new carbon intensity ratings, says Clarksons
    Data shows increased interest in energy-saving technology as fleet age grows
  • Hydrogen fuel cell pioneer Teco 2030 files for bankruptcy as money runs out
    Board of Norwegian company decided there was no chance of raising further cash to continue operations
  • Shipowners not investing enough in cleantech to avoid poor energy efficiency ratings, says Clarksons
    Clarksons cleantech data shows increased interest in energy-saving technology as fleet age grows
  • German owner D Oltmann swells container ship fleet to 14 ships with $100m double buy
    Seller Kmarin offloads its last container ships and South Korean owner bows out of the sector
  • Gianluigi Aponte extends huge MSC orderbook with 10 ultra-large container ship newbuildings
    Market leader has penned 10 LNG dual-fuelled vessels at Hengli Heavy
  • Car carrier term rates crash 40% as fundamentals shift, Clarksons says
    Researcher David Whittaker explains why owners won't be making quite as much money as previously
  • Crewman stabbed multiple times as armed men storm tanker near major sea route
    Singapore-flagged vessel boarded off Indonesia
  • One of the oldest working aframaxes heads for the torch in rare tanker scrapping
    Emirates-owned ship was nearing its 30th birthday
  • Schoeller cashes in with sale of container ship brace to MSC
    Swiss liner giant bags Wenchong vessels, while Chinese buyers snap up older ones
  • The long slog: US sanctions appeals drag for more than a year as Washington ramps up blacklistings
    Getting off a sanction list may take over a year, even in a case of mistaken identity, lawyer says
  • James Gundy's Braemar stake hits £2.5m after conversion of share options
    Chief executive was awarded stock as a performance incentive in 2018 and 2019
  • Norden's Chilean office quits to join rival Enesel Bulk Logistics
    Fast-growing bulker operating platform has a new base from which to target west coast South America trade
  • MOL-Cosco tie-up confirmed as owner of latest QatarEnergy QC-Max LNG newbuildings
    Partners' haul for Middle East producer bumped up to 13 ships
  • Grieg Group veteran Wenche Kjolas steps down after nearly two decades
    Former CEO exiting Norwegian group to end 'incredible journey'
  • DNV gives Norwegian firm approval for its liquid hydrogen tanks
    DNV will continue to work with CryoVac on longhaul liquid hydrogen carrier
  • Firefighters tackle blaze on brand new bulker after cargo ignites
    Firefighters tackling scrap metal blaze on Lubeca Marine vessel
  • Houthis launch second missile strike in 10 days on US shipping convoy
    Vessels were targeted in a much bigger attack as they approached Djibouti on 1 December
  • Taylor Maritime shareholders pocket ship sales cash as Edward Buttery eyes 'new phase'
    Owner has offloaded 27 vessels since taking over Grindrod Shipping
  • Gibson Shipbrokers targets teamwork, talent and transparency as it transforms
    Chief of new-look, employee-owned brokerage Roger Harrison has had a busy first two years at the helm
  • Some old-school relationships underlie prospects for a new Pangaea Logistics
    Lawyers and bankers came in last, but two New England shipowners are still waiting for regulators
  • Dongguan Haichang expands fleet with sixth bulker buy of this year
    Latest panamax purchase caps flurry of S&P activity
  • Moundreas-controlled bulker arrested in Singapore by Chinese charterer
    Charter party dispute behind claim filed against the Porthos
  • The long slog: US sanctions appeals drag for more than a year as Washington ramps up blacklistings
    Getting off a sanction list may take over a year, even in a case of mistaken identity, lawyer says

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American Shipper web site
DECEMBER 11, 2024
  • Freightos sees trans-Pacific container rates ease
    Rates on Asia-U.S. West Coast and Asia-U.S. East Coast container transport fell for the latest week tracked by Freightos but rose by double digits for Asia-Europe/Mediterranean traffic.
  • Jaxport adding more global container services in 2025
    The Port of Jacksonville is taking on a larger role in 2025 as ocean container lines add the north Florida hub to their global services.
  • DHL Express' Miami air hub meets the moment for peak season
    FreightWaves got an inside look at DHL Express' big parcel center at Miami International Airport as the global logistics integrator prepared for the holiday shipping season, when volumes are 40% to 50% higher each day than the rest of the year.

››› File
FROM THE HOME PAGE
European Commission meeting to define the strategy for the development of EU ports and maritime industry
Brussels
Call for papers by July 28th
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Rome
Messina: State Aid regime needs to be redesigned for European shipyards
In the first four months of 2025, maritime container traffic between Asia and Europe grew by +4.8%
Tokyo
-6.4% drop in shipments to Asian ports. +9.0% increase in unloading volumes in Europe
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Geneva
Recovery driven by importers who brought forward purchases in view of expected tariff increases
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
The transfer of 80% of Louis-Dreyfus Armateurs' capital to InfraVia has been implemented
Suresnes/Paris
The Louis-Dreyfus family retains the remaining 20%
Port of Genoa, green light for extension of concession to Spinelli until September 30
Genoa
Ok also to the extension to the Campostano group
The National Maritime Fund has started the recognition of scholarships
Genoa
They are granted for basic training and security familiarization courses.
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
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