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04 October 2025 - Year XXIX
Independent journal on economy and transport policy
17:27 GMT+2
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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

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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
In August, freight traffic in the port of Ravenna grew by +10.9%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
Federlogistica has established its own representation in the Iberian Peninsula
Genoa
It will support Italian entrepreneurs operating in Spain
Boluda acquires Royal Boskalis' towage and salvage operations in Australia and Papua New Guinea.
Valencia
Transaction valued at $640 million
ESPO urges IMO States to formally adopt the Net-Zero Framework
Brussels
The association also urges the EU Commission to align European standards
The Port of Los Angeles plans to build a new container terminal.
Los Angeles
Invitation to submit expressions of interest
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
Geneva
The most significant growth in PLSCI was recorded by the port of Savona-Vado Ligure (+53.7%)
ONE will not charge surcharges for new US taxes on Chinese ships
Singapore
They will be applied starting from October 14th
Fincantieri and Aeronautical Service sign agreement for the use of composite materials in the naval, civil, and military sectors.
Trieste
Genoa Port Terminal concession renewal approved until 2054
Genoa
The terminal's operating conditions have been redefined, bringing them back to the multipurpose function, in compliance with the ruling of the Council of State and the PRP
PSA Italia-Logtainer and Rail Hub Milano-Medlog have submitted offers to manage the Interporto Padova intermodal terminal.
Padua
Cargo traffic in Chinese seaports increased by 4.5% last month.
Beijing
Containers amounted to 27.7 million TEUs (+6.8%)
The Netherlands is referring to the Court of Justice of the European Union the question of whether to entrust seafarers or dock workers with the lashing operations on smaller container ships.
In the second quarter, container traffic handled by Eurokai terminals grew by +16.4%
Hamburg
Significant growth of 16.1% in Germany. In Italy (Contship), volumes increased by 5.2%.
China enacted regulation in response to US taxes on Chinese-owned and -built vessels
Beijing
The new rules include the possibility of introducing similar countermeasures
New attack on ships transiting the Gulf of Aden
Southampton
UKMTO announced that a fire broke out on a vessel hit by a shell
Le Aziende informanoSponsored Article
ITS Costruttori, il corso di alta formazione per entrare nel mondo di Fincantieri
Carnival closes its best quarter ever
Carnival closes its best quarter ever
Miami
The American cruise group announces a further strengthening of the growth trend in bookings
Marella Cruises sells Fincantieri slots for two new cruise ships to TUI Cruises.
Hannover/Trieste
With a gross tonnage of 160,000 tons, they will be larger than the units originally planned
GNV-Portitalia bridge agreement on lashing operations in the ports of Palermo and Termini Imerese
HMM will not introduce surcharges for new US taxes on Chinese ships
Seoul
The company will not modify scheduled services that stop in the United States
GATX Rail Europe signs sale-leaseback agreement with DB Cargo to purchase 6,000 railcars
Vienna
The transaction will be completed by the end of this year.
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
Bremen
Miscellaneous cargo is growing. Bulk cargo is declining.
India launches nearly $8 billion package to support its shipbuilding and maritime sectors
New Delhi
Shipyard production capacity expected to increase to 4.5 million gross tonnage per year
In the second quarter of this year, freight traffic in French ports fell by -0.4%.
Paris
Dry bulk and rolling bulk trades are declining. Container and liquid bulk trades are growing.
Antin Infrastructure Partners to acquire UK's leading marina operator
Paris/London/New York
It will take over ownership from British private equity firm LDC
Royal Caribbean agrees with Meyer Turku to build Icon ships for a decade
Miami
Order confirmed for a fifth Icon cruise ship and option placed on a seventh unit of the same series
Maersk announces it will not apply surcharges for new US tariffs on Chinese vessels
Copenhagen
The company assures that it will not make any changes to its services
Cochin Shipyard and KSOE enter into strategic collaboration in shipbuilding sector
New Delhi
The creation of approximately two thousand direct jobs is expected
DHL will resume freight shipments from Germany to the United States for corporate customers.
Bonn
They had been suspended due to the removal in the USA of the "de minimis" threshold for goods with a value of less than 800 dollars.
World Business Council for Sustainable Development Statement in Support of the IMO Net-Zero Framework
Ancona: Tax fraud in the shipbuilding sector
Ancona
Over €2.3 million in non-existent tax credits seized
CMA CGM buys British rail freight operator Freightliner
Birmingham
The transaction will be completed in early 2026
Containerized cargo at the port of Algeciras decreased by -9.4% last month
Algeciras
The 20-foot containers handled were 399 thousand (-0.7%)
Italferr participates in Europe's largest railway electrification contract
Rome
Activities within the Rail Baltica project
Freight traffic increased in the ports of Barcelona and Valencia in August
Barcelona/Valencia
In the first eight months of 2025, decreases of -1.6% and -0.3% respectively were recorded
In the June-August quarter, FedEx express courier revenues increased by +3.1%
Memphis
An average of 16.8 million express shipments were handled per day (+3.5%)
Breakthrough in the exploratory tunnel of the Brenner Base Tunnel
Milan/Rome
At 64 kilometers, it will be the longest underground railway connection in the world.
Tender launched for privatization of Croatian shipyard 3. MAJ Rijeka 1905
Zagreb
The starting bid is 6.66 million euros.
To decarbonize, shipping should join forces with other hard-to-abate sectors
London
This is highlighted by a report by Accelleron which believes that a critical mass of demand is necessary to overcome a stalemate phase.
COSCO Reassures Customers on Impact of New U.S. Tariffs on Chinese Vessels
Shanghai
We - the Chinese company assured - will maintain competitive freight rates and surcharges.
Shipping is still far from the target of 5-10% of fuel used coming from scalable, zero-emission sources by 2030
Copenhagen
The need to introduce incentives was underlined
Spain's Boluda acquires Transfesa's intermodal rail freight services.
Valencia
The agreement also includes industrial services, railway maintenance and shunting activities and intermodal terminals.
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Baku
Agreement with the Azerbaijani oil group SOCAR
German and Austrian trailer manufacturers challenge EU regulation to reduce truck environmental impact
Berlin/Brussels
They denounce that its application leads to an increase in traffic volumes and therefore emissions.
The Venice Marghera station has been equipped with a track compliant with European TEN-T standards
Venice
A 740-meter freight track has been opened.
World Shipping Council introduces Cargo Safety Program to prevent ship fires
Washington
It is based on artificial intelligence and traditional goods inspections
Rheinmetall to enter naval shipbuilding sector by acquiring Naval Vessels Lürssen
Bremen
Lürssen Group to focus on megayacht production
The British government is investing half a billion pounds to reduce shipping emissions.
London
Private investments of 700 million expected
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
Cairo
In the first seven months of 2025, a decrease of -10.2% was recorded
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
Port of Livorno: Protests over Gaza must not block operations.
Livorno
The members of the Partnership Body highlighted the need for it to be accessible to all vessels
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
GNV, agreement with Sicilian terminal operator Portitalia is positive.
Genoa
The company specified that the aim was exclusively to temporarily supplement the tariffs.
Two days of work with ESPO in Rome on the Mediterranean and European ports
Rome
Meetings organized by Assoporti
In 2024, 112 million counterfeit items were seized in the European Union.
Brussels
Record estimated value of 3.8 billion euros
Strikes and protests in ports, request for information from the Guarantor
Rome
Request for information from prefects, port authorities, and port authorities
Danaos Corporation has ordered two 7,165 TEU containerships from Dalian Shanhaiguan.
Athens
They will be taken into delivery in the third quarter of 2027
In the second quarter, freight traffic on the Austrian rail network fell by -1.4%.
Vienna
Only domestic traffic is growing
ALS (FBH Group) has acquired 80% of Trans World Shipping and Moda Express of USA.
Rozzano
The two companies have 500 employees and are active in Italy, France, the United Kingdom and the United States.
Circle's revenue increased by 62.1% in the first half of 2025
Milan
Net profit of over 1.0 million euros (+1.8%)
A Ukrainian delegation hosted by the Northern Tyrrhenian Sea Port Authority
Livorno
Cooperation in the field of training and safety at work in ports
The EIB is financing Phase A of Genoa's new breakwater with €300 million.
Luxembourg
The total investment is 937 million euros
This summer, GNV ships carried 1.7 million passengers (+9%)
Valencia
In the next few days the company will take delivery of "GNV Virgo", the first LNG-powered vessel
The project for the expansion, safety improvements, and extraordinary maintenance of the port of Pozzallo has been presented.
Pozzallo
It provides for the construction of the breakwater arm
Fincantieri delivers the new Star Princess cruise ship to Princess Cruises
Monfalcone
It has a gross tonnage of 177,800 tons and a capacity of 4,300 passengers.
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
Filt Cgil calls on port administrators and businesses to join the action against the Palestinian massacre.
Rome
This burden – the union highlighted – cannot be placed solely on the shoulders of dock workers.
The agreement between the Italian Merchant Marine Academy Foundation and the NATO Center in La Spezia has been renewed.
Genoa
The collaboration signed in 2023 has been confirmed
Fischer & Rechsteiner and Gimax International acquire BCUBE's Freight Forwarding business.
Genoa
The completion of the transaction is expected in the next few days
Fermerci outlines a dramatic scenario for the European rail freight transport sector
Rome
Rizzi: There is a real risk of a shift towards exclusively road transport.
Eni completes the sale of a 30% stake in the Baleine project in Ivory Coast to Vitol.
San Donato Milanese
The field was discovered in 2021 and production started in 2023
Sogedim opens a new branch in Modena
Mesero
Initially, the activity will be dedicated exclusively to UK export traffic and will then extend to other European markets.
The new PCTC Grande Svezia has joined the Grimaldi Group's fleet.
Naples
It has a maximum capacity of 9,000 ceu
The Cagliari City Council approves its opinion on the Sardinian Ports Development Plan.
Cagliari
Green light unanimously
The railway sector contributes 1.4% of the European Union's GDP.
Brussels
Study commissioned by CER
In the port of Naples, the Coast Guard has detained the bulk carrier Tanais Dream.
Naples
Serious irregularities found on board
Agreement to accelerate the implementation of robotics in Fincantieri's production processes
Trieste
It was signed with the Friulian Idea Prototipi
Sergio Liardo is the new general commander of the Port Authority Corps - Coast Guard
Rome
He takes over from Admiral Nicola Carlone
DBA to supply new Terminal Operating System for Georgia's Batumi Port
Villorba
The project includes all phases of development, testing and operational testing
Attack on a ship in the Gulf of Aden
Portsmouth
The captain reported hearing an impact in the water and an explosion
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Danilo Ricci has been appointed managing director of Tarros Line.
La Spezia
He has held various positions in Italy and abroad within the group
Permanent discussion table between Confindustria Nautica and Federagenti
Genoa
This is provided for in an agreement signed today in Genoa
In the first half of 2025, cruise traffic in Italian ports grew by +6%
Venice
The twelfth edition of Italian Cruise Day will be held in Catania on October 24th.
SAL Heavy Lift buys two semi-submersible vessels from Pan Ocean
Hamburg
They were built in 2008 and 2012
30% of Sangritana Cargo will be acquired by the Marche-based company Transadriatico
The Eagle
The sale will be completed in the next few days
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
Forum on economic and logistical integration between Ligurian ports, the Northwest manufacturing area, and Switzerland
DEME orders new cable-laying vessel from Singapore-based PaxOcean
Beveren-Kruibeke-Zwijndrecht
It will be built in the Chinese shipyard of Zhoushan
Assoporti will meet at RemTech EXPO 2025 to discuss the green transition in Italian ports.
Ferrara
The Smart Ports Award was awarded to three Port System Authorities
The first shipment of Syrian oil in 14 years arrives at the port of Trieste.
London
Part of the cargo - S&P Global Commodity Insights reports - was unloaded at the Sardinian terminal of Sarroch
In August, freight traffic in the port of Taranto grew by +20.3%
Taranto
The ferry "Drea" was also rejected by the Apulian port, where however it is temporarily stopped
Container traffic at the Port of Los Angeles remained stable in August.
Los Angeles
Volumes expected to decline in the remainder of 2025
Meeting between the port authorities of Jacksonville and Livorno
Livorno
Among the objectives, to start one or more direct services between the two ports
Italian State Railways and ENAC sign an agreement for the use of drones in infrastructure monitoring.
Rome
They will also be used to fly over sections of the railway and road network that would otherwise be difficult to monitor.
A.SPE.DO, the port of La Spezia is essential to ensuring employment, development, and a future for the local economy.
La Spezia
Landolfi: We cannot afford to underestimate its value.
The MIT meets with the heads of the Italian AdSPs
Rome
Meeting on the government's strategic vision for the sector and port reform
Yang Ming orders Hanwha Ocean Co. to build seven 15,880 TEU container ships
Keelung
They will be delivered between 2028 and 2029
Over 40 expressions of interest have been received for the development of the Ukrainian port of Chornomorsk.
Kiev
Today the first meeting of the tender commission
The first commercial ship is expected at the public dock in Largo Trattaroli in Ravenna.
Ravenna
The car carrier "AICC Huanghu" is coming soon
Container traffic at the Port of Long Beach decreased by 1.3% last month.
Long Beach
Empty containers are increasing. Full containers are decreasing.
Assiterminal's Terminal Road Show is starting
Genoa
Cognolato: We want to strengthen our ties with local communities and territories.
Assoporti, the Italian ports' cruise offerings presented at the Seatrade Europe fair.
Hamburg
Giampieri: We are leaders in the Mediterranean area and in Europe
Commander Claudio Tomei, USCLAC president from 2012 to 2024, has passed away.
Viareggio
His strong commitment to improving the working conditions of Italian seafarers
In the first quarter of 2025, cargo traffic in Greek ports grew by +1.4%
Piraeus
Passengers down by -1.1%
HD Hyundai Samho Orders Four New Container Ships
Seoul
Order worth approximately 468 million dollars
Trieste: Fraudulent bankruptcy in the shipbuilding sector
Trieste
Investigation into a company based in Palermo
Container traffic in the port of Hong Kong fell by 7.4% in August.
Hong Kong
In the first eight months of 2025 the decline was -3.8%
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
Container traffic at the port of Singapore continued to decline in August
Singapore
Total volume of goods increased by +1.1%
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
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
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
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