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28 April 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
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
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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