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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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January 17, 2024

free news
Exim India web site
JANUARY 17, 2024
  • Aahil Shipping & Logistics expands leadership team with 3 key appointments
  • India, Iran ink deal on Chabahar port
  • Business leaders optimistic for 2024, believe technology will transform the efficiency and resilience of supply chains
  • Red Sea crisis increasing cost of Indian exports
  • Cochin Port waives port charges for ships taking bunker supply at outer anchorage
  • Yemeni ports open & operational as normal
  • Extension of validity of Pre-Shipment Inspection Agencies (PSIAs)
  • A fourth consecutive month of strengthening demand for air cargo
  • Union Civil Aviation Minister reviews the new terminal of Pune airportUnion Civil Aviation Minister reviews the new terminal of Pune airport
  • FedEx announces fdx first-of-its-kind data-driven commerce platform
  • First phase of Certified Pick at Antwerp port: A major step in the digitalisation of container transport
  • NHAI implementing 'One Vehicle, One FASTag' initiative
  • FinMin notifies 50 pc export duty on molasses
  • CONCOR's latest physical volumes

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International Transport Journal web site
JANUARY 17, 2024
  • EU funds for Spain's railfreight sector
  • China launches intermodal rail-sea service
  • Leschako reshuffles management
  • More Trans Montanas for Romania
  • Transforming a French connection
  • Fourth French hub for SGL
  • New CFO at HHLA's helm
  • DDC cares
  • Volvo's e-trucks discover Latin America
  • Axel Hinz to manage Hamburg area
  • MSC investing in India
  • Centralising distribution in Jeffersonville
  • "Curiosity of the Day"
  • Latam Cargo is the cherry on the cake
  • TGP appoints global tender manager
  • London Gateway transitions to HVO
  • A record year for customs management

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The Loadstar web site
JANUARY 16, 2024
  • Scheduling chaos puts carriers under pressure from shippers
  • Global Critical Logistics appoints JP Hannan as chief financial officer
  • CMA CGM losses said to be at heart of 'divorce' from AF-KLM
  • New kid on the dock: BlackRock joins MSC's gang
  • CULines launches Red Sea service as Houthi target area expands
  • UPS & FedEx - 'keep a stiff lower lip'
  • EFW defends work on A321Fs after 'middle-age' cracks appear
  • War risk, west coast power = Expeditors & CH Robinson among the winners?

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Marine Log web site
JANUARY 16, 2024
  • Greek owned bulker is latest ship hit by Houthi missile
    While efforts to degrade the capabilities of the Houthis to attack merchant shipping continue, they have not yet put a stop Houthi missile attacks on ships. Yesterday, (see earlier report) Gibraltar Eagle,
  • Jonathan Daniels named new Maryland Port Administration executive director
    Maryland Transportation Secretary Paul J. Wiedefeld has announced that Jonathan Daniels is to be the new executive director of the Maryland Port Administration, which manages and directs the six state-owned marine terminals
  • BRIX Marine delivers shark diving boat
    Two of the more recent deliveries from BRIX Marine that we've covered here were whale watching boats. The latest delivery from the Port Angeles, Wash., based boatbuilder is a little different: a

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Container News web site
JANUARY 16, 2024
  • Stena Oil launches operations in Danish port
    Stena Oil, a Scandinavian player in the global marine fuels industry, has initiated operations at the new fuel terminal in Frederikshavn, Denmark. Towards the end of last week, Stena Terminals A/S, a wholly-owned subsidiary of Stena Oil, and the Port of Frederikshavn signed the takeover agreement, signifying that Stena Oil has taken possession of the terminal. "We have a good collaboration with t
  • Wan Hai unveils 13,100 TEU newbuild vessel
    On 16 January, Wan Hai Lines conducted a ship naming ceremony for the WAN HAI A13, marked by a charitable donation, at the Samsung Heavy Industries Geoje shipyard. WAN HAI A13 was handed over at the Geoje shipyard and commenced its journey to the Shanghai Port, where it will be integrated into Wan Hai Lines's Asia to East Coast of North America service. The WAN HAI A13 stands as the seventh vesse
  • DP World achieves fossil diesel-free status at London Gateway
    DP World has achieved fossil-free status at both of its UK logistics hubs, marking a significant milestone with the elimination of fossil diesel usage at London Gateway. In January, the company successfully transitioned diesel-engine equipment and installations to operate on Hydrotreated Vegetable Oil (HVO) as part of London Gateway's ongoing sustainability initiatives. This move aligns with the
  • CMA CGM and Air France-KLM terminate air cargo alliance
    In a significant development, CMA CGM and Air France-KLM have decided to terminate their air cargo alliance. The partnership, established in May 2022 concurrently with CMA CGM becoming a shareholder of Air France-KLM, would aim to capitalize on the growing demand for freight transportation worldwide. The decision to end the alliance stems from a row over flight slots at Amsterdam airport, an issu
  • Drop in Suez Canal revenues could affect Egyptian economy
    Chairman and managing director of the Suez Canal Authority (SCA), Admiral Osama Mounier Mohamed Rabie said that dollar revenues from the canal are down 40% from the beginning of the year compared to 2023, while vessel traffic has declined by 30% in the same period. The number of ships that have passed through the Suez Canal dropped to 544 so far this year, from 777 in the equivalent period of 202
  • Houthi attacks aimed at trade disruption, not ship destruction
    If trade disruption is the Houthi's main aim, then they will have been getting good results as the movement fires another missile, downed by the US military, but Qatar announces that its vessels will not transit Suez until it is safe. But this will not necessarily result in higher inflation. Reuters reported yesterday that QatarEnergy had halted its gas tankers from taking the Suez route followin
  • Atlas Air receives new Boeing 777 Freighter to be operated for MSC
    Atlas Air, a subsidiary of Atlas Air Worldwide Holdings, has officially received a Boeing 777-200 Freighter as part of its ongoing collaboration with MSC Mediterranean Shipping Company. In line with their long-term ACMI (aircraft, crew, maintenance, insurance) agreement, Atlas Air is deploying four 777 aircraft globally on behalf of MSC, enhancing MSC's capacity and reach for its clientele. This

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Splash web site
JANUARY 16, 2024
  • Diana Shipping fixes out ultramax to Stone Shipping
    New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Stone Shipping for one of its ultramax vessels. Diana Shipping won a charter for the 2016-built, 60,309-dwt , previously known as STH Kure. The gross charter rate is $14,500, minus a 5% commission paid to third parties, for a period until ...
  • Toro nets nearly $21m from sale of veteran tanker
    Nasdaq-listed tanker and LPG owner Toro has concluded another lucrative asset play having offloaded a 2005-built aframax/LR2 at a net gain of nearly $21m. The spinoff of Cyprus-based Castor Maritime has sold the Samsung-built , ex-Dubai Hope, to an unnamed buyer for $33.8m. The Petros Panagiotidis-led firm said it expects to record a Q1 2024 ...
  • Greek bulker comes under fire off Yemen
    Attacks continue to mount in the Red Sea, with the latest victim being the Greek-owned bulk carrier . The Maltese-flagged 56,900 dwt ship with 24 crew on board was targeted off Yemen while transiting the southern Red Sea northbound about 122 km northwest of al-Saleef, according to Ambrey. The United Kingdom Maritime Trade Operations (UKMTO) ...
  • Scorpio Tankers sells one vessel as it takes back five
    New York-listed Scorpio Tankers has sealed a deal to sell one ship bought out of lease financing in 2022, while it continues to buy back more vessels to further reduce financial costs. The Emanuele Lauro-led product tanker giant is shipping out the 2015-built MR2 STI Tribeca for $39.1m, with delivery in the first quarter. The ...
  • McDermott wins work on Malaysian carbon capture project
    US subsea and deepwater engineering and construction player McDermott has been awarded an offshore contract from Malaysia Marine and Heavy Engineering (MMHE) for the Kasawari carbon capture and storage project, located offshore Sarawak in East Malaysia. Under the scope of the contract, McDermott will perform transportation and the structural installation of a 138-kilometre pipeline section, ...
  • CMA CGM ends cargo alliance with Air France-KLM
    French carrier CMA CGM and Air France-KLM have agreed to cease their air cargo partnership, citing regulatory restrictions. The partnership announced in May 2022, with CMA CGM becoming a shareholder of Air France-KLM, was part of the Rodolphe Saadé-led company's expansion move beyond its liner base during container shipping's greatest bull run. The long-term strategic ...
  • LNG as shipping's alternative fuel in crosshairs again with European court challenge
    Five NGOs - Fossielvrij, Protect our Winters, Dryade, CLAW, and Opportunity Green - have launched a legal challenge against the European Commission, requesting it to review its green investment rules on aviation and shipping. In Tuesday's press release, Opportunity Green said that the EU Taxonomy should act as the standard for informing ethical and sustainable ...
  • Argeo awarded first project for newly bought vessel
    Norwegian surveyor Argeo has received a conditional letter of award from an undisclosed international energy company. The work on the project, according to the company, will be subject to a final contract agreement. If the final contract agreement is signed, the surveyor will mobilise the for the project upon completion of reactivation and upgrade work ...
  • Keppel FELS seeks High Court appeal in Awilco Drilling rig dispute
    Singapore-based offshore yard Keppel FELS has filed an application to appeal with the High Court against the arbitration ruling in favor of Awilco Drilling in a legal battle over cancelled drilling rigs. Awilco Drilling won the second of two arbitration cases against Keppel FELS, now part of Sembcorp Marine in November last year. The legal ...
  • Greek owners make largest newbuild outlay in a decade
    Greek owners are ploughing more money into newbuilds than at any time since 2013, according to new research from Clarksons Research. Greek shipping companies committed 60% more newbuild investment year-on-year last year, investing around $18bn, the highest Greek investment by dwt since 2013, according to a new shipbuilding report from the British broker. The first ...
  • Australian government to meet with DP World in bid to settle stevedore dispute
    With Australia's maritime union still standing firm in its dispute against the country's second-largest port operator DP World, the sides are being incentivised to sit and solve the situation which is disrupting the nation's busiest ports and costing the economy tens of millions of dollars each week due to delays. The port operator has been ...
  • Three60 Energy wins engineering work on two BW Offshore FPSOs
    Energy services company Three60 Energy has won two engineering and construction contracts with Oslo-listed floater specialist BW Offshore. Under the two contracts, Three60 will provide extensive engineering, procurement, construction, and commissioning (EPCC) services for BW Offshore's Catcher and Adolo FPSOs which will include brownfield modifications to the assets located offshore the UK and Ga
  • Eagle Bulk attack highlights how Houthis are widening their targets
    More shipping companies are shunning the Suez Canal as fears grow that the Houthis are widening their targets., a bulk carrier owned by US-based Eagle Bulk Shipping was struck by a missile in the Gulf of Aden yesterday. The United Kingdom Maritime Trade Operations (UKMTO), and maritime security consultants Ambrey said the incident occurred ...
  • Glomar buys out Rederij Groen
    Dutch offshore support vessel player Glomar has struck a deal to buy out compatriot owner Rederij Groen and take full control of the company. Rederij Groen took a 50% stake in the Den Helder-headquartered operator of purpose-built OSVs in 2016. Seaspan Holding, established by Glomar CEO and founder Klaas Weij, and Rederij Groen had previously ...
  • Bocimar sells modern newcastlemax
    The Saverys family-controlled bulker arm, Bocimar, is taking advantage of aggressive bidding in the bulker segment in a rare deal selling a modern newcastlemax. Bocimar is shaving off its fifth ship in the cape segment in as many weeks with broking sources linking Singapore-based Winning Shipping to its latest sale, noting that the Chinese player ...
  • Sovcomflot reflags en masse to Gabon
    Gabon, a small Central African nation on the Atlantic coast, was last year's fastest-growing shipping registry. In the opening days of 2024, its growth has been phenomenal thanks to a massive reflagging operation conducted by Russia's top shipping concern, Sovcomflot. Last year, the Gabon flag grew by 130.6%, according to data from Clarksons Research. The ...
  • Dark fleet casualty Pablo to be scrapped in Indonesia
    One of last year's most high-profile tanker casualties has been towed to Indonesia where it will be scrapped. The aframax exploded on May 1 in Malaysian waters, killing three crewmembers. The charred remains of the 1997-built ship was one of the shipping images of 2023, a stark reminder of the risks associated with the dark ...
  • Machismo and the art of shipmanagement
    Andrew Craig-Bennett on the hard man culture afflicting shipping. Reading about the escape from disaster of the Alaska Airlines B737-9 (and let us not ascribe to "luck" what was due to the skills of the crew - that no-one was in the two seats nearest the departed door plug was luck; the rest was skill, ...

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Lloyd's List web site
JANUARY 16, 2024
  • Red Sea tipping point may be 'only a few more attacks away'
    At this moment, charterers and crews are also having a say in whether a ship runs the Houthi gauntlet or...
  • Shell 'suspends Red Sea transits' as charterers reassess Houthi risk
    'If you want to transit, it is absolutely recommended that you do it at night and you turn your AIS...
  • Fresh US strikes target Houthi missiles
    The US launched fresh strikes targeting Houthi missiles on Tuesday as the militants continue attacking ships in the Red Sea...
  • Scorpio sells MR tanker for 'strong' $39m and continues ship buybacks
    Scorpio has sold a 2015-built MR tanker for $39.1m, a 'strong' price according to Jefferies that indicates the companies' net...
  • 'Inadvisable' to use CII during review period, say top flag states and industry groups
    Two IMO member states and multiple industry groups said it is 'inadvisable' to use CII during the review period through...
  • Seacon balances management services with controlled fleet growth to 29 ships
    Chinese shipmanager currently also has an orderbook of another 13 newbuildings
  • Vietnam's shipbuilder SBIC to initiate bankruptcy proceedings
    The state-owned shipbuilding group, formed through the restructuring of the former conglomerate Vinashin, shoulders a substantial debt burden of $4bn
  • Dutch biofuel bunker demand unfazed by lower subsidies
    Biofuel bunkering demand at Dutch ports to remain supported owing to environmental regulations despite lower subsidies in 2024, as shipping...
  • Boxship charter rates and periods continue to rise as Red Sea events drive up demand
    Boxship charter rates have risen by up to 15% in the past two weeks as demand for vessels has increased...
  • Hapag-Lloyd's fleet upgrade gathers pace
    'Alternative fuels won't be available in the amount required, in view of that we have to focus on emissions reductions,'...
  • Cosco and China Merchants see muted box throughput growth despite overseas terminal gains
    However, their terminals in the emerging markets, particularly the Middle East and South America, were among the strongest growth engines
  • Greece-owned bulk carrier struck by missile as two Houthi attacks reported
    Two incidents have been reported by UK Maritime Trade Operations on Tuesday. These are the 30th and 31st seen since...
  • US Navy Seals missing at sea during Houthi-bound weapons seizure
    The US says it has seized weapons bound for the Houthis, but two Navy Seals went missing in the attempt
  • CMA CGM airfreight plans hit turbulence
    Airfreight was seen as a natural extension during the pandemic boom years. Now CMA CGM will have to go back...
  • Hanwha Ocean shipyard work suspended after fatal accident
    Investigations are ongoing and the suspension will be lifted on the orders of South Korea's Ministry of Labour and Employment...
  • Daily Briefing
    Eagle Bulk vessel struck by Houthi missile | Diversion surcharges come under spotlight | BlackRock acquires Global Infrastructure Partners

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The Journal of Commerce web site
JANUARY 16, 2024
  • Harren Group expanding project-capable fleet despite mixed market outlook
    Heavy-lift and semi-submersible owner/operator Harren Group is expanding its fleet with a mix of long-term charters and up to six newbuildings.
  • US Commerce Department rejects Pitts appeal in marine chassis case
    The decision involving China-related tariffs is major blow to Pitts Enterprises and could force its Dorsey Intermodal chassis subsidiary out of business.
  • US truck shippers seen prizing stability, capacity in 2024 bids
    Growing shipper preference for longer-term contracts shows they believe the truckload market has hit bottom and are concerned about late-2024 capacity, analysts say.
  • Emboldened Houthis could force ongoing Red Sea ship diversions: analysts
    Air strikes against Houthi rebel operations are unlikely to deter the Iran-backed militant group from future attacks in the Red Sea, geopolitical analysts warn, suggesting container lines will be routing cargo around southern Africa for the foreseeable future.
  • India-US ocean rates seen inching to COVID peaks on Red Sea woes
    Forwarders are voicing concerns that carrier rate quotes are now mostly valid only for a week compared with the normal 30-day validity extended to regular booking customers.
  • Ocean overcapacity shows its worth in managing Red Sea disruptions: analyst
    The Red Sea crisis has allowed ocean carriers to find a use, at least temporarily, for the overcapacity that was supposed to cause them problems, writes analyst Lars Jensen.
  • Intra-Asia shippers face capacity crunch, equipment shortages as rates surge
    The impact will be especially felt on key services such as China-Vietnam and China-Thailand where deep-sea services are accounting for an increasing share of the intra-Asia volumes on those trade lanes.
  • Lack of US market access kills CMA CGM-Air France-KLM air cargo deal
    The two French giants are in discussions to set up a new partnership, with each party operating its own independent air cargo network.

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TradeWinds web site
JANUARY 16, 2024
  • Procopiou and Economou lead Greek newbuilding orders to 10-year high
    Clarksons figures show Hellenic players with the lion's share in vessel contracting in 2023
  • Insurers hike war risk rates following Red Sea attacks on US and Greek-owned ships
    Rates may top 1% after latest Houthi missile attacks
  • US seizes Houthi-bound anti-ship weapon components in dramatic night raid
    Parts were intended to reach the Houthis to help them disrupt shipping, the US claims
  • Offshore charter rates and secondhand deal values to rise in 2024, says Fearnleys
    Norwegian broker says lack of fleet renewal in the coming years will be a significant driver in offshore
  • Insurers hike war risk rates in response to Red Sea attacks
    Rates may top 1% after latest Houthi missile attacks
  • Toro Corp down to last tanker as it more than doubles its money on aframax/LR2
    Cypriot shipowner continues to add to profit with lucrative sales
  • Eagle Bulk circulates two supramaxes for sale ahead of special surveys
    Reports of sales said to be premature but disposals are in keeping with owner's practices
  • Subcontinent green with envy over FPSO recycling
    As Petrobras floater is scrapped in Brazil, cash buyers warn of bleak times ahead for sector
  • Toro Corp down to last tanker as it more than doubles its money on aframax/L2
    Cypriot shipowner continues to add to profit with lucrative sales
  • Eagle Bulk circulates two older supramaxes ahead of special surveys
    Reports of sales said to be premature but disposals are in keeping with owner's practices
  • Kjell Inge Rokke pounces on early VLCC berths at Hanwha Ocean
    Craze for large tankers grips Norwegian shipowners as John Fredriksen firms up orders
  • Jorg Rudolph joins Cruise Saudi to launch start-up
    Aroya Cruises brings in one of the big guns of the European sector
  • Explosion kills Hanwha Ocean worker and brings work to halt
    Subcontractor thrown over 10 metres by rudder shop explosion
  • Saverys family tackles questions facing Euronav after takeover battle ends with 'outcome we wanted'
    Board makeup and appeal to investors are some core issues on the minds of largest shareholders after CMB.TECH deal
  • Lightship strikes again: Broker snaps up US shop just days after revealing Braemar stake
    Broker plans to boost its broker headcount to at least 250 worldwide over the next five years
  • Shipping investment giant BlackRock snaps up ports player
    Major deal will strengthen US fund's hand in maritime infrastructure
  • Scorpio Tankers buying back five more ships as it flips modern MR
    Repurchase drive continues as US-listed owner looks to cut debt further
  • Solstad Offshore fires back at Christian Sveaas' Kistefos as Kjell Inge Rokke-backed refinancing completed
    Offshore vessel owner insists Kistefos only reached out twice, and never on refinancing
  • Mining giant Rio Tinto pins hopes on China stimulus to hit iron ore targets
    Rising commodity prices and firmer economic data aided miner's volumes in the fourth quarter
  • Greek bulker targeted in the Red Sea in latest attack on shipping
    Incident comes a day after an Eagle Bulk ship was hit in the Gulf of Aden
  • Fresh Red Sea ship attack reported by UKMTO
    Incident comes a day after an Eagle Bulk ship was targeted in the Gulf of Aden
  • US seizes Houthi-bound anti-ship weapons in dramatic night-time raid
    The weapons parts were intended to reach the Houthis to help them disrupt shipping, claims the US
  • CDB Financial Leasing buys former Carnival Corp ship on behalf of Chinese cruise operator
    Ex Aidavita's future lies in the fleet of Blue Dream International Cruise
  • Laden Qatari LNG carrier trio re-route via Cape to bypass Middle East danger zone
    QatarEnergy-chartered vessels resume trading after pausing to assess routing risks
  • Saverys family tackles key questions facing Euronav after titanic takeover battle ended with 'outcome we wanted'
    Board makeup and the appeal to investors are some core issues on the minds of largest shareholders after CMB.TECH deal
  • Tankers getting 'a pass' from Houthi attackers, claims shipowner group
    Giuseppe Bono Centre says Iran is wary of escalating conflict
  • VLCC prospects in the hands of US and Opec as largest crude tankers play catch up
    BRS Shipbrokers says Asia will import more US crude this year
  • Baltic's fresh take on fuel consumption boosts VLCC spot indices
    More efficient ships are changing the way the London exchange comes up with earnings figures
  • UK court says Venezuela is immune from injunctions in cruise ship collision case
    Court of Appeal upholds State Immunity Act in legal battle with UK P&I Club
  • Greek shipowner improves tanker fleet emissions using energy-saving devices
    Okeanis reveals cut in fuel use as efficiency improves
  • VLCC prospects in the hands of US and Opec
    BRS Shipbrokers says Asia will import more US crude this year
  • Scorpio supremo Emanuele Lauro to join Cadeler board after Eneti merger
    Lauro will become vice chairman at offshore wind vessel giant as James Nish also joins
  • Northern Sea Route crossings dominated by crude oil cargoes last year
    Nearly 77% of Yamal LNG exports headed to European terminals in 2023, Centre for High North Logistics says
  • VLCC tanker prospects in the hands of US and OPEC
    BRS Shipbrokers say Opec+ decisions and US production could help the largest tankers this year
  • UK court says Venezuela immune from injunctions in cruise ship collision case
    Court of Appeal upholds State Immunity Act in legal battle with UK P&I Club
  • Offshore charter rates and second-hand deal values to rise in 2024, says Fearnleys
    Norwegian broker says lack of fleet renewal in the coming years will be a significant driver in offshore
  • LNG fuelling in crosshairs over 'green label' as EU faces legal pressure to set 'gold standard'
    EU faces legal pressure to set new threshold for sustainable investments
  • KCC pulls ships from 'escalating situation' in Red Sea as it logs higher rates
    Rerouting expected to have limited effect on buoyant earnings for Norwegian owner
  • Oil major Equinor floats charter tender for methanol dual-fuel MR tankers
    Norwegian company seeks up to four high-specification tankers
  • Norway seeks to crack future fuel 'chicken and egg' conundrum with fresh funding
    Norway has only one hydrogen-fuelled vessel on the water despite government funding of $200m over two years
  • Procopiou and Economou lead Greek newbuilding orders to 10-year high
    Clarksons figures show Hellenic players with the lion's share in contracting vessels in 2023
  • Breaking fresh ground: Landmark newbuilding deliveries to look out for in 2024
    A peek at what's to come from the world's shipyards in 2024
  • Gail emerges with LNG time charter tender to cover trading needs
    Period business ticks up after year opens on spot rate slide
  • CDB Financial Leasing buys former Carnival Corp ship on behalf Chinese cruise operator
    Ex Aidavita's future lies in the fleet of Chinese operator Blue Dream International Cruise
  • Jorg Rudolph joins Cruise Saudi to launch Aroya Cruises
    Middle Eastern cruise start-up brings in one of the big guns of the European cruise sector
  • Maersk Oil Trading Singapore's top biofuel bunker supplier in 2023
    Volumes sold in the 12-month period triple those of a year ago, according to Maritime and Port Authority
  • Netbulk to turn shipowner via acquisitions and newbuildings
    Dry player says partnerships are key to its growth ambitions as it celebrates moving into its new Singapore office

news on subscription
American Shipper web site
JANUARY 16, 2024
  • Red Sea conflict worsens, forcing more ship detours around Africa
    Container-ship diversions from the Red Sea will likely last for months. Are large-scale tanker diversions imminent?
  • CMA CGM, Air France-KLM scrap cargo alliance over US market access
    Air France-KLM and ocean shipping power CMA CGM, citing regulatory challenges in various nations, have agreed to discontinue their air cargo capacity-sharing agreement one year into a 10-year partnership, the [...]
  • APM Terminals to invest $500M in container facility on the Mississippi
    APM Terminals announced a deal with Plaquemines Port to build a $500 million container terminal near the Port of New Orleans on the Mississippi River.
  • Cargojet reverses course on 777 freighter ambitions
    Cargojet says there isn't enough airfreight business to justify its planned investment in 777 converted freighters. It wants to get out of its commitments, most likely by selling the aircraft to another company.

››› File
FROM THE HOME PAGE
Accidents to dock workers occur equally frequently on board ships as on land.
London
Norwegian Cruise Line Holdings reports record performance for the April-June quarter
Norwegian Cruise Line Holdings reports record performance for the April-June quarter
Miami
Bookings reached an unprecedented level
Paolo Piacenza has been appointed extraordinary commissioner of the Port Authority of the Southern Tyrrhenian and Ionian Seas.
Rome/Genoa/Gioia Tauro
DB Cargo records declines in turnover and rail freight volumes
Berlin
In the first six months of this year, shipments totaled 82.9 million tons (-10.8%)
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Trump has eliminated tariff exemptions for low-cost goods for all nations.
Washington
Goods with a value of less than $800 will also be subject to the tax.
Viking Mira was launched at Fincantieri's Ancona shipyard
Trieste
The multi-role frigate "Emilio Bianchi" was delivered to the Muggiano shipyard
The Port Authority of the Central-Northern Adriatic Sea has obtained EMAS registration
Ravenna
Certifies commitment to environmental management and sustainability
MSC Cruises reduces emissions with the support of an energy transition plan
Geneva
The 2024 Sustainability Report has been presented
DSV reports strong growth in financial and operating results thanks to the acquisition of Schenker
Hedehusene
Quarterly record in air and ocean shipment volumes
In 2024, the Fratelli Cosulich group's revenues increased by +12.8%
Genoa
Operating result down by -31.7%
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
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