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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
01:22 GMT+2
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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
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
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