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24 April 2025 - Year XXIX
Independent journal on economy and transport policy
21:14 GMT+2
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BRIEFS
August 14, 2024

free news
Exim India web site
AUGUST 14, 2024
  • Leading government officials set to grace MALA 2024 in Mumbai on Aug. 21
  • New report by Maritime SheEO highlights progress & challenges in gender equality within India's maritime industry
  • Gandhidham Chamber delegation meets Shipping Secretary to discuss comprehensive development of Deendayal Port
  • Union Cabinet approves road connectivity for Vadhvan Port
  • Eswatini (Swaziland)-flagged vessels added to the restricted list by the UAE
  • Tonnages and rates up 12% in July; Bangladesh tonnages recover
  • US legislation seeks to stop the flow of illicit goods though e-commerce shipments
  • IndiGo plans 7 new global destinations by the end of FY25
  • APSEZ incorporates wholly owned subsidiary DPACCCTL for Berth No. 13 at Deendayal Port
  • Milaha Gulf Express 2 service added to King Abdul Aziz Port in Dammam; calls Nhava Sheva and Mundra in India
  • Smartphone exports from India surge
  • Merchandise exports growth seen dipping in Q2 FY25
  • Truck freight rates up on trunk routes in July
  • Tanker freight rates stable despite Middle East turmoil

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The Loadstar web site
AUGUST 13, 2024
  • Swift action prevents 'catastrophic event' as another explosion rocks a box ship
  • Port strikes would expose airfreight's vulnerability to a 'capacity crisis'
  • RXO - deep value for some
  • More challenges for container shipping may be lurking as contract talks loom
  • Wan Hai eyes demand potential on its core trades and orders more ships
  • In an air freight 'race-to-the-bottom', everyone loses

free news
Marine Log web site
AUGUST 13, 2024
  • Watertight integrity at issue in sinking of Jacqueline A towboat
    The sinking last year of a towing vessel in the Atlantic Ocean was due to a lack of watertight integrity, the National Transportation Safety Board said Tuesday. The vessel, the Jacqueline A,
  • Berge Bulk deploys Sofar Ocean voyage optimization fleetwide
    Singapore-headquartered Berge Bulk has adopted San Francisco based Sofar Ocean's Wayfinder voyage optimization platform across its fleet of owned vessels, including new vessels equipped with wind propulsion technology. Berge Bulk uses Wayfinder's
  • FERRIES 2024: Green funding access for ferry operators
    Going green isn't always inexpensive, but there are strategies to help ferry operators manage the costs. To provide valuable insights on accessing green funding, Kristen Kissinger, Marine Transit Planning Team Lead, Project
  • Windcat selects Anglo-Eastern to manage its hydrogen-fueled CSOVs
    CMB Group's offshore personnel transfer subsidiary Windcat has selected Hong Kong headquartered Anglo Eastern to manage the hydrogen-fueled Elevation Series CSOVs that it has under construction at the Damen Ha Long shipyard

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Container News web site
AUGUST 13, 2024
  • TT warns container seals are being ignored to the detriment of cargo security
    Though not a robust deterrent to determined thieves the humble seal plays a central role in identifying location, method and often perpetrators of cargo theft. Freight insurance specialist TT Club argues for greater emphasis on the container seal as part of a stronger security culture across the supply chain. Loss due to theft is among the top three causes of claims received on an annual basis by
  • Kale Logistics announces new leadership
    Global vertical SaaS platform provider Indian Kale Logistics has announced new Chief Financial Officer and Chief Innovation Officer. Shripad Inamdar, who has over 20 years of SaaS and IT expertise, will be the new CFO and will drive the company's digitalisation projects and international expansion. Sanjeev Madavi, with nearly thirty years of experience in digital transformation and innovation in
  • Leschaco appoints new Managing Director in Malaysia
    The Leschaco Group has announced the appointment of Jens Osterwald as the new Managing Director for Leschaco (Malaysia) Sdn. Bhd. He will assume his new role in Malaysia on 1 September 2024. Osterwald began his professional career in 2005 with a three-year dual study programme at Leschaco's headquarters in Bremen. He then worked for two years as a sales representative in the tank container depart
  • CSBC breaks boxship order drought with bumper Wan Hai contract
    Taiwanese shipbuilder CSBC Corporation ended its near drought of merchant ship orders on 12 August, when compatriot liner operator Wan Hai Lines commissioned a dozen 8,000 TEU methanol dual-fuelled container ships. The total contract value ranges from US$1.23 billion to US$1.98 billion, representing CSBC's largest order in its 51-year history. The contract also comes with options for another four
  • Yang Ming reports US$730 million H1 profit, reflecting strong financial performance
    Yang Ming reported second-quarter consolidated revenues of US$ 1.65 billion, translating to a year-on-year increase of 50%. The company's after-tax net profit and EPS reached US$435.6 million and NT$3.98, respectively. Additionally, the ocean carrier's consolidated revenues for the first half of 2024 grew by 34% to US$3.02 billion, while its after-tax net profit and EPS for this period were US$72
  • MSC vessel suffers blast in Colombo port
    One of MSC container ships caught fire after an explosion in Sri Lanka's Colombo port on 11 August. The incident of the 2006-built, 2,824 TEU MSC Capetown III occurred in Colombo's Jaya Container Terminal around 1 am local time. MSC Capetown III, which serves MSC's East Africa Service or South Asia - East Africa Service (Dar Es Salam Service), was discharging 995 boxes and loading 880 boxes at th
  • Essential Measures for Minimizing Disruption Amid Ningbo Port Closure: Container xChange
    Container xChange, an online container trading and leasing marketplace, is alerting the global container trading and leasing community to the serious repercussions of the recent explosion aboard the Yang Ming vessel YM Mobility at Ningbo Port, China. This incident, which has led to the closure of one of the world's busiest container terminals, is expected to have significant ripple effects across
  • HMM achieves growth in first-half revenue and profits
    South Korea's major container line HMM has posted significant gains in first-half revenue and profits. In particular, HMM reported a year-on-year 18.6% growth in its H1 revenue, reaching US$3.64 billion, an 88% increase in net profit climbing to US$840,000, and a 125% increase in operating profit rising to US$770,000. HMM's first-half operating margin is 21.1%, which is the highest level among gl
  • First VCR technology to be trialled on CMA CGM boxships
    Swiss marine power company WinGD's Variable Compression Ratio (VCR) technology is expected to be trialled onboard one of CMA CGM's container vessels. The collaboration marks the first field test for the new dual-fuel engine technology and follows successful factory tests showing significant efficiency improvements with both diesel and LNG fuel. VCR dynamically adapts cylinder compression ratio in
  • Intermodal Group and OneStop extend partnership at new terminal
    OneStop, a supply chain optimisation solution provider, and Intermodal Group (IMG) have expanded their partnership to include the latter's new facility, the Kenwick Intermodal Terminal (IMT) in Western Australia. This collaboration will introduce OneStop's cutting-edge solutions, OneStop Modal and Vehicle Booking System (VBS) at the new intermodal facility, aiming to enhance operational efficienc
  • Saudi ports see container drop in July
    The Saudi ports, supervised by the Saudi Ports Authority (Mawani), recorded a 9.11% increase in cargo throughput tonnage during July, reaching 27,382,403 tons, compared to 25,096,888 tons in the same month of the last year. The statistics for imported containers show an increase of 15.72%, totaling 271,465 TEUs compared to 234,592 TEUs last year. On the other hand, the statistics for exported con

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Splash web site
AUGUST 13, 2024
  • VLCC sales reemerge after two-month hiatus
    The first VLCC sales since the middle of June are appearing in broking reports. The 14-year-old, Japanese-built Apollo Harmony has been sold by Idemitsu Tanker for $58m to unspecified Greek interests. The scrubber-fitted vessel has dry-docked recently and just passed its special survey. Meanwhile, Patria Nusasegara from Indonesia has recorded a today profit from the ...
  • Diana Shipping fixes out kamsarmax bulker to Paralos Shipping
    New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Paralos Shipping for one of its vessels. Aquavita chartered the 2013-built, 81,513 dwt kamsarmax bulker Astarte for a gross charter rate of $14,000, minus a 5% commission paid to third parties, for a period until a minimum of July 15, 2025, ...
  • ASRY appoints new CEO
    Arab Shipbuilding and Repair Yard Company (ASRY) has appointed Ahmed Al-Abri as the new chief executive officer. The Omani national and former chairman of Asyad Container Terminals and CEO of Asyad Ports brings over 25 years of experience to Bahrain-based ship repair and fabrication yard. Tawfeeq AlMoayed, ASRY chairman of the board of directors, said: ...
  • Anglo-Eastern seals Windcat CSOV shipmanagement deal
    Crew transfer vessel operator Windcat, part of Saverys family-controlled CMB.TECH, has selected Hong Kong-based shipmanager Anglo-Eastern for the technical and crewing management of six commissioning service operation vessels (CSOVs) currently under construction at Dutch shipbuilder Damen Shipyards. The partnership builds on the deal with Anglo-Eastern Technical Services (AETS), Anglo-Eastern's t
  • Tankers International increases VLCC pool to 35
    UK-based VLCC pool operator Tankers International has added two Vietnamese-flagged tankers to increase the pool size to 35. The two vessels in question are the 2010-built Felix and the 2009-built Symphony VLCCs. The former joined the pool earlier this year, with the latter joining earlier this month. Although the owners of the vessels were not ...
  • Tsunami of boxship orders grows as Wan Hai lines up 20 newbuilds
    Taiwan's Wan Hai Lines has set out to expand its fleet with up to 20 methanol dual-fuel vessels. The world's 11th largest containerline, which had ordered around 40 ships during the box shipping boom of 2021 and 2022, has inked a letter of intent with compatriot shipbuilder CSBC Corporation for 12 firm and four optional ...
  • China admits responsibility for last year's European pipeline destruction
    Chinese authorities have stated that Newnew Shipping's container ship Newnew Polar Bear was responsible, albeit by accident, for damaging the Balticconnector subsea gas pipeline between Estonia and Finland last year. According to a report by the South China Morning Post, Chinese authorities have conducted an internal investigation and forwarded the results to the two European ...
  • Houthis pursue ship across the Red Sea
    The Houthis in Yemen have adopted a new tactic which sees them pursuing individual ships across long stretches of the Red Sea. An unidentified ship was attacked by the Houthis three times in the space of 12 hours today. The first attack happened around 115 km south of the Houthi-held port city of Hodeida, the ...
  • Subsea sector global spending tipped to go past $42bn by 2027
    Driven by rising operator expenditure on equipment and installation services, the subsea market segment will see a 10% annual compound growth rate from 2024 to 2027 with total spending exceeding $42bn by the end of this period, a new Rystad Energy report suggests. Investment activity in the sector has been strong in South America and ...
  • Belships outfit Lighthouse Navigation rebrands as Norwegian Bulk Carriers
    Oslo-based dry bulk operator Lighthouse Navigation has been rebranded as Norwegian Bulk Carriers. The move comes after Norwegian bulker owner Belships took a majority stake of 67% in the company while letting go of similar business, which operates from offices across Asia and Australia, in April this year. Norwegian Bulk Carriers operates between 60 and ...
  • Shipping gears up to debate carbon levies
    Ahead of the next session of the Marine Environment Protection Committee (MEPC), scheduled to start at the end of September, proposals are pouring into the International Maritime Organization (IMO). The headline from the global gathering is expected to be the deliberations on some form of carbon levy. Lobby group, the International Chamber of Shipping (ICS), ...
  • Two dead from explosion on Icon Offshore platform supplier
    Malaysian offshore service provider Icon Offshore said on Monday that an explosion occurred on its Icon Amara platform supply vessel which led to two fatalities. The incident on the Icon Amara occurred on August 2 at approximately 10:30 pm local time at the Sapar Alpha platform near Bintulu. The incident resulted in two fatalities and ...
  • PSA retains port crown
    Singapore's PSA International has retained its ports crown in the latest annual rankings of global container terminal operators from UK consultancy Drewry. The seven largest terminal operators now handle over 40% of global port throughput on an equity-adjusted basis. Mediterranean Shipping Co (MSC) recorded the strongest growth last year, with equity teu up by more ...
  • Seacon offloads second bulker in a month
    Hong Kong-listed Seacon Shipping has cashed in on its second bulk carrier in a month as it continues to gather cash for potential future deals and balance out its fleet portfolio. The Qingdao-based diversified owner and operator has agreed a $32.1m sale of the modern 2019-built ultramax Seacon Athens to Shanghai-based Henxin Ship Leasing. The ...
  • Prysmian awarded $96m in trade secrets case against Sterlite
    Offshore cable maker Prysmian has won its trade secrets case against its India-based competitor Sterlite Technologies and the Italian firm's former executive Stephen Szymanski. A South Carolina jury found in favour of Prysmian following a three-week jury trial in the US District Court in Columbia, South Carolina. The jury found that Sterlite was 'unjustly enriched' ...
  • Yilport invests in El Salvador
    Turkey's Yilport will invest $1.6bn in two ports in El Salvador. The investments will go towards tripling the capacity of Acajutla, El Salvador's largest port, as well as resuscitating the port of La Union, a facility that was completed in 2008 and never opened. Yilport and El Salvador's Autonomous Port Executive Commission (CEPA) will jointly ...
  • DryDel tied to third ultramax sale this year
    Greek bulker player DryDel Shipping has been linked to its third ultramax disposal this year. Multiple S&P sources report the Costas Dellaportas-led company is shipping out the 2012-built Dolce Vita in a deal worth about $23.5m with an undisclosed Chinese buyer. DryDel, formerly Meadway Shipping and Trading, bought the 61,600 dwt Oshima-built vessel for $24m ...

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Lloyd's List web site
AUGUST 13, 2024
  • Pyxis Tankers lifts profits after adding bulkers
    Nasdaq-listed company will continue to monitor the product tanker sector for acquisition opportunities but values have reached a 10-year high
  • Over 90% of Russia crude exports circumvented G7 price cap in July
    Two thirds of crude and condensates loaded at Russian ports were shipped on the so-called dark fleet* of elderly, anonymously...
  • Syrian businessman assassinated in July was linked to Iranian oil sales
    Israeli officials say al-Qaterji was linked to Iranian oil sales and was operating in support of the IRGC-Qods Force and...
  • Oil demand increases in second quarter, but global economic concerns loom
    Worries about the health of China's economy remain after slower-than-expected growth in 2Q24, heightened by employment and consumer confidence data...
  • Meyer Werft sees another boost with new Disney Cruise Line four-ship order
    New tonnage is set to be delivered by Meyer Werft between 2027 and 2031. The quartet adds to two ships...
  • Safety required for Red Sea normalisation is nowhere in sight
    Analysts agree that a ceasefire or de-escalation in the Israel-Hamas war is the first step to Houthis slowing attacks against...
  • Make IMO DCS data public for planet's sake, say NGOs
    NGOs have called for greater public access to the IMO Data Collection System, saying the current fragmented structure hampers progress...
  • Swedish Club first-half results top expectations
    'We are seeing some solid figures as we continue to grow in a controlled manner to restore our financial strength,'...
  • GSL clinches $300m refinancing with bank trio
    Company's average cost of debt is brought below 4%
  • Boxship casualties turn to LOF agreements
    New version of Lloyd's Open Forum contract is due for rollout next year and is intended to propitiate insurer concerns
  • Shipping emissions fell in 2023, IMO data shows
    The International Maritime Organization has published Carbon Intensity Indicator ratings for the first time
  • HMM thrives in first half of year, racking up 88% net profit growth
    HMM plans for global service network improvement, preparing for market fluctuations
  • Hyundai Heavy union plans walkout despite strong newbuild market
    South Korean shipbuilder calls the decision 'unfortunate' as the industry is facing a 'critical moment' for revival
  • Houthis target vessel three times as US carrier accelerates
    A master of one vessel reported three separate attacks in the early hours of August 13, including an approach from...
  • Wallenius Wilhelmsen posts record earnings as vessel capacity remains sold out
    'We believe volumes will be higher in 2025, while contract renewals due this year will be at higher rates; 2025...
  • Yangzijiang Shipbuilding achieves 77% profit surge with record orderbook
    Singapore-listed shipbuilder's orderbook reached a record high of 224 vessels valued at $20.2bn
  • VLCC rates weighed down by weaker-than-expected Chinese growth, says DHT
    'Chinese economic growth and oil demand has recently been slower than expected. We understand Asian refiners to have built inventories...
  • Navigator Gas announces $147.6m financing deal
    Handysize gas carrier specialist Navigator Gas has announced financing of $147.6m that it plans to use for refinancing a 2019...
  • Daily Briefing
    Israel's entry to sanctions game further complicates shipping's compliance conundrum | Palau flag opens investigation into Russia's LNG carriers manipulating...
  • First dual-fuel orders see Wan Hai jump into newbuilding rush
    Wan Hai announced its first-ever methanol-capable orders after a hiatus in new shipbuilding since 2022. Taiwanese carrier says the fuel...

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The Journal of Commerce web site
AUGUST 13, 2024
  • Evergreen rides surging freight rates to big jump in H1 profits
    The results, the carrier's strongest since the second half of 2022, follow those of fellow Taiwan liners Yang Ming Marine Transport and Wan Hai Lines, which reported healthy first-half financials on Monday.
  • India-Europe ocean carriers lower spot rates as demand recedes
    Local freight forwarder sources who spoke with the Journal of Commerce reported a significant downward correction in spot rates quoted by major carriers for their upcoming sailings in the second half of August.
  • When it comes to the Red Sea diversions, the world is moving on
    Not only are several geopolitical scenarios being confronted with much larger stakes, such as the ongoing Russia-Ukraine war and the possibility of escalation in the Middle East, but economists say there is little in the more than six-month shipping disruption that is cause for serious economic concern.
  • HMM reports soaring profitability, but warns of growing market challenges
    The carrier is preparing its container shipping network for any shifting cargo flows amid rising geopolitical risks and global trade tensions.

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TradeWinds web site
AUGUST 13, 2024
  • Disney Cruise Line announces four more newbuildings
    US leisure and entertainment giant says cruise is one of the strongest growing businesses
  • Delta Tankers ship named as target of latest multi-prong Houthi attack
    Product carrier managed by Anglo-Eastern identified as ship in the vicinity of another explosion
  • Letter: Shipping needs to see the big green picture
    Failure to consider the resources and energy used in a ship's full life cycle can lead to poor environmental decisions, argues Jan-Hugo Holten
  • Aegean Sea emerges as new Russian diesel transfer site as oil product export revenue rises
    Data shows ship-to-ship transfers have declined in EU waters
  • Yang Ming puts profits to work with purchase of 11,000-teu container ship duo
    Taiwanese liner operator lifts tally to 10 neo-panamax vessels bought in past 18 months
  • Dominant dry cargo player Star Bulk share price 'puzzling', says Clarksons
    Owner offers 'shining value' after Eagle Bulk merger, analysts argue
  • Retail giant Walmart offers ocean shipping to e-commerce network
    Largest US chain looks to leverage container shipping position to move beyond traditional retail
  • DHT mulls time charters and finance options for accelerated VLCC newbuildings
    VLCC specialist is seeking to boost contract cover having moved up the delivery dates of its newbuildings
  • Shrinking fleets signal good times ahead for offshore as up cycle looms
    Shrunk anchor-handling tug supply vessel and platform supply vessels fleets fuelling confidence
  • Freedom of navigation facing multiple threats beyond Red Sea, top politicians warn
    Houthi attacks are latest attempts to undermine international law, officials say
  • Peter Dohle extends container ship buying spree with purchase from financier
    Tonnage provider maintains buying spree with vessel chartered to liner upstart Tailwind
  • Braemar joint global S&P head exits amid talk of wider departures for major rival
    Talk circulates of multiple brokers jumping ship to SSY
  • New Fortress finally exports first cargo from its 'Fast LNG' unit
    Offshore plant now due to shutdown for maintenance before firing up into production
  • Anglo-Eastern wins management deal for Saverys' hydrogen-powered CSOV fleet
    CMB.Tech's Windcat hands over technical and crewing operations of innovative offshore wind ships to Hong Kong group
  • Purus opens new UK office and expands in Hong Kong
    Growing shipowner bolstering gas and offshore wind operations
  • Shipowners will wave farewell to record low financing costs as bond market dynamics change, DNB says
    DNB Markets sees Nordic high yield bond return of 8-10% in 2024
  • Tankers International grows VLCC pool with double addition
    Asia Pacific Shipping and Phuong Dong Petrol Transport each contribute a ship to UK-managed pool
  • HMM profit doubles as it rides stronger freight market
    Newbuildings and used ships remain on the agenda for South Korean operator
  • Piles of cash and easy finance: Why bulker sale-and-purchase activity is heading for a fresh record
    Buyers have been undeterred by expensive prices or older vessels, and sellers have been only too happy to take profit
  • Container ship damaged key Baltic gas pipeline 'by accident', says China probe
    Government says incident involving NewNew Polar Bear was the result of a storm, report claims
  • Sea drone 'disabled' as Houthis target two ships in overnight Red Sea attacks
    Vessels survive unscathed and are headed for their next ports of call
  • GSL secures 'significant' interest cut on new $300m boxship refinancing deal
    ABN Amro, Credit Agricole and Bank of America come up with fresh funding linked to 10 vessels
  • Samos Steamship orders capesize bulker brace and an aframax tanker in latest newbuilding play
    The Greek company ends three-years capesize bulker order drought
  • Russian crude-laden product tanker discharges cargo in India after three-week delay
    The Destan was reportedly stuck in Vadinar for three weeks
  • 'Promising' chemical tanker fundamentals see Odfjell upgraded to 'buy'
    Norne Securities sees record earnings and high dividends
  • Wallenius Wilhelmsen sees 'strongest quarter on record' as rates jump
    Market remains tight as company forecasts better results than 2023
  • Vroon tanker suffered 'significant' damage after being hit by bulker
    French maritime authority said Dutch bitumen ship was at anchor when accident occurred
  • Wan Hai Lines inks $2bn swoop for 20 dual-fuel container ship newbuildings
    Taiwanese company bucked the trend and picked methanol as fuelling choice
  • Tanker damaged and minor injuries reported after collision with bulker
    French maritime authority said Dutch bitumen ship was at anchor when accident occurred
  • Houthis target two ships in overnight Red Sea attacks
    Vessels survive unscathed and are headed for their next ports of call
  • Norden eyes asset-play profits to plug red ink from its trading business
    Danish owner-operator is considering how to play a raft of purchase options as its asset-light business suffers heavy losses
  • Indonesia's Patria Nusasegara scores big on VLCC sale deal
    Strong tanker asset values see Jakarta-based company earn hefty profit of at least $10m on PNS Serena sale
  • Great Eastern happy to stay 'near 100%' in spot market for tankers and bulkers
    Executive Rahul Sheth says one-off deals have historically paid off better than long-term fixtures
  • Great Eastern starts chartering operation to reap rewards of new 'smart city'
    Benefits on offer to companies setting up shop in country's first purpose-built complex

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American Shipper web site
AUGUST 13, 2024
  • Port of Virginia completes expanded rail project
    Eastern Class 1 railroads Norfolk Southern and CSX will help reach Midwest cities with double-stack trains from the newly expanded Port of Virginia central rail yard.
  • China port explosion snarls trans-Pacific container trade
    Importers are advised to seek alternative routes and plan for extended delays as the peak shipping season gets underway, following an explosion involving hazardous materials at China's Port of Ningbo.

››› File
FROM THE HOME PAGE
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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