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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
01:27 GMT+2
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March 22, 2024

free news
Exim India web site
MARCH 22, 2024
  • Exports growth at a 20-month high
  • IMO on track to adopt mid-term measures to cut emissions from ships
  • Significant underlying financial challenges seen for container carriers going forward
  • Guidance on the presentation and loading of vehicles published
  • Rubber Board declares incentive scheme for exports
  • NHAI completes largest monetization cycle
  • Saudi Ports Authority announces new shipping service at Dammam's King Abdul Aziz Port connecting to South-East Asia & India
  • Overcapacity & unsustainable freight levels seen impacting container shipping
  • Govt urged to impose duties on iron ore exports
  • Pak's Gwadar Port attacked
  • Disposal of Export goods brought into Customs area but neither exported nor taken back to town
  • Defining characteristic of India's current expansion is the rise in investment-to-GDP ratio: Morgan Stanley

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International Transport Journal web site
MARCH 22, 2024
  • Comprehensive timber logistics
  • Push to reinstate Eyre Peninsula rail line
  • Mixed results for Dachser
  • Flying Koi carp around the world
  • Thomas Eskesen elected chairman
  • Scania to expand autonomous transport trials
  • A pharma hub in Abu Dhabi
  • Port of Gothenburg electrifies inspection vessel
  • Another Boeing 767 freighter
  • AFA's awards for 2024
  • Sustainable timber deliveries
  • CBP thwarts two smuggling attempts
  • Powering carbon neutrality in the Med
  • "Curiosity of the Day"
  • More support for seagliders
  • CLDA picks new executive director
  • Partnership boosts services to Eastern Europe
  • Speeding up spare parts deliveries
  • Closing the gap on green shipping

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The Loadstar web site
MARCH 21, 2024
  • Maersk reacts to calmer market and restores standalone transpacific loop
  • EXCLUSIVE: DP World key exec goes - 'serious in forwarding?'
  • DB Schenker makes 'positive contribution' to DB - but it's an odd fit
  • Niche players continue to risk Red Sea transits with new services - at a price
  • Amazon Air axes smaller-volume routes while boosting US hub flows
  • Port of Colombo reaping 'a bumper harvest' from the Red Sea crisis
  • Dachser sees revenues fall back, but has an eye on more acquisitions
  • IAG Cargo goes in-house for a 'cloud-first' approach to digitalisation
  • MSC and FedEx face $11m fine for 'unfair charges' to shipper
  • Joachim Schaut appointed head of ocean for Europe at DB Schenker

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Marine Log web site
MARCH 21, 2024
  • Rem Offshore orders innovative Energy Subsea Construction Vessel (ESCV)
    There's a growing interest in subsea vessels able to work in both the oil and gas and offshore wind sectors and now Norway's Rem Offshore and Myklebust Verft have signed a contract
  • Crowley wins $16 million MSC contract for Stena Polaris
    The Navy's Military Sealift Command has awarded Crowley Government Services Inc., Jacksonville, Fla., a $16,014,532 one-yesr option under a previously awarded contract for the operation of the ice class tanker Stena Polaris.
  • Evergreen's Ever Top is first neopanamax to get CCS retrofit
    CCS retrofitting continues to pick up pace. ClassNK has granted its "SCCS-Full" 1 class notation to the Evergreen neopanamax Ever Top. The notation signifies that the vessel is now equipped with an
  • Amogy technology picked to power ePSV
    Brooklyn, N.Y., headquartered ammonia-to-power specialist Amogy has signed a contract that will see its technology power an electric platform supply vessel (ePSV). The contract has been reached with Stavanger, Norway, based Green

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Container News web site
MARCH 21, 2024
  • ClassNK certifies world's first onboard CCS installation on Evergreen's Neopanamax container ship
    ClassNK has granted its Shipboard Carbon dioxide Capture and Storage-Full (SCCS-Full) class notation to the Panama-flagged boxship Ever Top, a Neopanamax container vessel owned by Taiwan's ocean carrier Evergreen. The notation signifies that the vessel is now equipped with an onboard CO2 capture and storage (CCS) systems, marking it as the world's first Neopanamax container vessel to be retrofitt
  • China's container trade faces hold-offs due to supply-demand imbalance
    Container xChange has released its latest China market update, shedding light on the current container price trends in China. Despite expectations of price drops post-Chinese New Year, the market is witnessing a significant mismatch between buyer and seller price expectations, in a demand deficit environment. According to Christian Roeloffs, cofounder and CEO of Container xChange, "There is a sig
  • RightShip unveils Zero Harm Innovation Partners Program
    RightShip, a global environmental, social, and governance (ESG) focussed digital maritime platform, has announced the launch of Zero Harm Innovation Partners Program, an initiative focussed on driving collaboration between ship owners, managers, and technology providers to achieve a zero harm maritime industry. The program aims to support the development and adoption of technologies dedicated to
  • Kale Logistics Solutions appoints new global Chief HR Officer
    Kale Logistics Solutions, a global vertical Software as a service (SaaS) company, has selected Zulekha as its new global Chief Human Resources Officer (CHRO), tasked with cultivating and empowering the expanding team across ten countries. With a career spanning over 17 years in HR, Zulekha boasts a diverse background across various industries such as logistics and education technology, manufactur
  • COSCO container ship damages Keelung berth after collision
    A pier in Taiwan's Keelung port sustained damage after one of COSCO Shipping Lines' container ships came into contact while attempting to berth. The 2000-built, 1,702 TEU Fei Yun He had just arrived from the port of Lianyungang in China, shortly before 8 am local time on 16 March. Local media reported that possibly due to miscommunication between the pilot/crew and the port authority, Fei Yun He
  • Sea-Intelligence sees 2023 profitability close to pre-pandemic levels
    In 2023, all ocean carriers saw sharp year-on-year declines in their revenues, ranging between 46.6% and 62.6%, according to the latest Sea-Intelligence report. The Danish maritime data analysis firm noted that the annualised revenue growth rate in 2023 is in line with 2018-2019, which suggests that the sharp Y/Y revenue decline in 2023 is an artefact of the abnormal revenue growth of 2021-2022,
  • Valencia sees container volume increase in start of 2024
    Valenciaport has experienced a growth of nearly 10% in the first two months of 2024, compared with the same period in 2023, reaching 784,095 TEUs. This increase encompassed both full containers, up by 7.17%, and empty containers, which saw a substantial rise of 20.31%. In terms of weight, the volume of goods passing through Valencian terminals during January and February reached 12,208,814 millio
  • ICTSI-owned Contecon Guayaquil installs Terminal Tracker into RTG fleet
    ICTSI's Contecon Guayaquil SA (CGSA) has implemented the terminal tracker supplied by Austria-based RFID and wireless sensor network provider Identec Solutions. The tracker is expected to provide increased visibility and real-time awareness of yard activities as it has the capability to deliver accurate stow positions, container weights, and other important information to the Terminal Operating S
  • Portchain hits milestone: 100 Terminals join its network
    Portchain, a major provider of berth alignment and planning software for container terminals and carriers, has achieved a significant milestone by including the 100th terminal in the Portchain Connect Network. "These 100 terminals represent just over 20% of the world's global container capacity. We will continue to work tirelessly to create value for the terminal and carrier network, and we want
  • OOCL experiences financial downturn despite modest box volume growth
    Orient Overseas International Limited (OOIL), the owner of Hong Kong-based ocean carrier Orient Overseas Container Line (OOCL), announced its financial and operating results for the last year. In 2023, the company reported revenues of US$8.34 billion, earnings before interest, taxes, depreciation and amortization (EBITDA) of US$2.26 billion, earnings before interest and taxes (EBIT) of US$1.41 bi
  • NWSA's Terminal 5 in final stages of commissioning
    The second phase of the modernization project at the Northwest Seaport Alliance's (NWSA's) Terminal 5 is currently in the final stages of commissioning. NWSA, the shipping alliance of the ports of Seattle and Tacoma in the United States, said they, along with their partners, are looking forward to the full operation of both berths at the terminal upon completion of the commissioning process. "Con
  • MSC enhances Germany - US connections with updated Transatlantic service
    MSC has decided to adjust the port rotation of its Ecuador - NWC & Scanbaltic - USA service. This change includes the addition of a direct call at Hamburg port in Germany during the service's westbound journey, establishing a new weekly transatlantic connection between Hamburg and the East Coast of the United States. "This addition aims to bolster connections between Germany and the US, showcasin
  • Almost all crew perish as chemical tanker capsizes off Japan
    A 1,168 dwt chemical/products tanker, Keoyoung Sun, capsized in strong winds off Shimonoseki on Japan's southwestern coast on 20 March, leaving 10 of its 11 crewmen dead or missing. The crew had sent a distress call around 7 am local time after the 1996-built tanker began listing, said the Japan Coast Guard. A patrol vessel and a helicopter rushed to the scene and retrieved nine of the crewmen. T
  • Pilbara Ports nears 53 million tonnes in February
    In February 2024, Pilbara Ports handled a total monthly throughput of 52.7 million tonnes (Mt), marking a 4% decline compared to the same month in 2023. Port of Port Hedland accounted for 39.5Mt of this throughput, with 38.8Mt attributed to iron ore exports. Overall, there was minimal variance in total throughput compared to February 2023. Imports through this port amounted to 157,000 tonnes, sho
  • Maersk relaunches Transpacific service
    Maersk aims to improve its Asia - US East Coast service network by restarting the TP20 service. As of mid-April, the Danish shipping company will start operating the TP20 with direct coverage of the Greater China Area from North to South into Newark, Baltimore and Houston. As a standalone service, the TP20 will be offering a stable weekly departure and competitive transit times, noted the carrier
  • Guidance for Selecting the Ideal Study Abroad Program in 2024: 7 Helpful Tips
    https://www.pexels.com/photo/glad-diverse-students-taking-notes-while-working-on-project-5966011/ Choosing the correct study abroad program in 2024 can be thrilling yet daunting. With countless options available globally, finding a program that aligns with your academic goals, personal growth objectives, and adventure spirit is essential. Here are seven tips for selecting the perfect study abroad
  • DP World, Goodyear collaborate on tree planting initiative
    DP World has announced the successful planting of 702 trees as part of an ongoing initiative to reduce carbon emissions, in collaboration with the tyre manufacturing giant Goodyear. The "Off the Road" project was launched in January 2023 to counteract CO2 emissions by planting two trees for every tyre purchased by DP World Southampton from Goodyear. Over the past year, these trees have been plant

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Splash web site
MARCH 21, 2024
  • Resurrected New Jiangzhou Shipbuilding makes European comeback
    Reborn Chinese yard New Jiangzhou Shipbuilding has clinched its first foreign newbuilding order since relaunching last year. The yard, formerly known as Jiangzhou Union Shipbuilding, is returning to the European chemical tanker market in a deal with inland-focused Dutch owner Mercurius Shipping for four duplex stainless steel ships. The order for the 135-m-long vessels, classed ...
  • CMA CGM teams with Saudi liner newcomer
    French liner giant CMA CGM has partnered up with recently established Saudi feeder and short-sea operator Folk Maritime to expand its service in the North Red Sea. A new weekly service called North Red Sea Express (NRX) will link the Saudi ports of Jeddah, Neom, and Yanbu to the ports of Sokhna in Egypt and ...
  • Fire on Perenco platform off Gabon leaves five dead and one missing
    An incident on Perenco's Becuna platform offshore Gabon has resulted in five worker fatalities with one worker still missing. An incident involving fire occurred at the Becuna platform on Wednesday, March 20, at approximately 3:25 pm local time. The area has since then been secured, the fire has been extinguished, the site secured, and all ...
  • Your chance to pilot this boat toward toyshop shelves
    Espen Andersen, who is a pilot in Kalundborg, Denmark, happily admits to geeking out with Lego in his spare time. He has found a way to combine two of his great passions, and the result is a Lego model of the pilot boat he sails for DanPilot, which is headquartered in Svendborg, Denmark. To share ...
  • Rem Offshore orders methanol dual-fuel subsea construction vessel
    Norwegian offshore vessel player Rem Offshore has contracted a methanol dual-fuel subsea construction vessel at compatriot yard Myklebust Verft. The Åge Remøy-led operator of 19 OSVs said the newbuild, delivering in 2026 would be the first of its kind that can perform heavy construction work in both offshore wind and subsea with net zero emissions. ...
  • Marco Polo Marine lands CTV deal with Siemens Gamesa
    Singapore offshore vessel owner and operator Marco Polo Marine has, through its Taiwanese business PKR Offshore (PKRO), struck a deal with turbine maker Siemens Gamesa for the provision of crew transfer vessels in Taiwan and Korea. The long-term agreement, effective from 2024 to 2026 and with an option to extend to 2030, enables Siemens Gamesa ...
  • J. Lauritzen takes stake in Dee4 Capital
    Danish maritime investment company J. Lauritzen has picked up a minority stake in fellow private equity firm Dee4 Capital Partners. The Kristian Mørch-led company has taken a 10.1% ownership in the Carsten Mortensen-led outfit, following the first closing of its second fund Dee4 Capital Fund II with commitments of $92m. A total of 18 external investors ...
  • No LNG carrier has transited the Suez Canal for 65 days
    No LNG carrier has passed through the Suez Canal for more than two months, according to new data published from the United Nations Conference on Trade and Development (UNCTAD). The last LNG ship to make its way through the Egyptian waterway was on January 16 since when the deteriorating security situation in the Red Sea ...
  • Atlas Maritime joins the rush for large ammonia carriers
    Greece's Atlas Maritime has been identified as the owner behind a shipbuilding contract for three very large ammonia carriers in South Korea. Shipbuilding sources said the Leon Patitsas-led company had booked a 91,000 cu m trio at HD Hyundai Heavy Industries in Ulsan, delivering by December 2027. The vessels, that lift Atlas' orderbook to nearly ...
  • Somali pirates make contact with owner of hijacked bulker
    Somali pirates who hijacked the Bangladeshi-flagged bulk carrier last week have made their first contact with the vessel's owner, SR Shipping, with maritime security personnel warning of the likelihood of further attacks off the Horn of Africa. No ransom demands have been made yet for the 23 crew abducted on March 12. A spokesperson for ...
  • Shell sells out of US offshore wind venture
    Shell has sold its 50% stake in SouthCoast Wind Energy, established to develop wind projects off the coast of Massachusetts, to joint venture partner Ocean Winds. SouthCoast Wind is developing a proposed offshore wind farm about 30 miles south of Martha's Vineyard and 23 miles south of Nantucket with an approximate capacity of 2.4 GW. ...
  • Purus emerges as buyer of Edda Wind SOV
    UK-based Purus has emerged as the buyer of service operation vessel (SOV) Oslo-listed offshore wind vessel pure play Edda Wind sold earlier this year. The Julian Proctor-led diversified owner has acquired the Edda Passat for an undisclosed sum, adding the 2018-built unit renamed Purus Horizon to its growing fleet of offshore wind support vessels. Purus, ...
  • Chart Industries and GasLog partner on liquid hydrogen ships
    Gas equipment manufacturer Chart Industries and shipowner GasLog have announced they will work together to develop a commercial scale liquid hydrogen (LH2) supply chain leveraging GasLog's latest developments of a liquid hydrogen vessel and Chart's experience in cryogenics and large-scale liquefaction solutions for the global distribution of LH2. This collaboration aims to support GasLog's partic
  • World Shipping Council leads fight to combat illegal wildlife trafficking
    Wildlife crime continues to pose a significant threat to biodiversity, local and national economies, as well as national and international security. The illicit trafficking of wildlife not only endangers countless species but also undermines the stability of ecosystems and jeopardises the livelihoods of communities worldwide. Recognising the severity of this issue, 10 organisations have joined ...
  • Euronav sells VLCC trio, orders three vessels from Chinese shipyard
    Belgian tanker giant Euronav has sold three of its very large crude carriers (VLCCs) and ordered two newcastlemaxes and an additional VLCC. The three sold VLCCs are the 2008-built 307,284 dwt Nectar, the 2009-built 307,208 dwt Newton, and the 2008-built 307,284 dwt Noble. The company said the sale would generate a capital gain of $83.5m. ...
  • World's highest court to deliberate whether states must tackle climate impacts from international shipping beyond the IMO
    While the Marine Environment Protection Committee (MEPC) meeting is still ongoing at the London headquarters of the International Maritime Organization (IMO), the world's highest court has been asked to deliberate on the United Nations body's powers to govern green matters. Environmental NGO Opportunity Green has submitted a written statement to the International Court of Justice ...

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Lloyd's List web site
MARCH 21, 2024
  • All carbon pricing options still on the table at MEPC
    The IMO is sketching a framework for how to agree on mid-term measures and has not ruled out any proposals...
  • 'Coverage creep' and softening rates hitting cargo underwriters
    'If I were a client, I'd always prefer a grey area to an exclusion. A client can't lose in that...
  • Euroseas aims for 25% reduction in fuel consumption after retrofit of largest boxship
    US-listed containership owner aims to cut carbon footprint through retrofits, in addition to a series of newbuildings rolling out of...
  • More old boxships change hands for further service
    Turkish boxship operator Medkon Lines has purchased a pair of regional feeders, while MSC has bought a brace of 23-year-old...
  • Developing nations still affected by supply chain disruptions
    Some countries are more reliant on maritime trade than others. For the least developed ones, it is a lifeline that...
  • Antigua and Barbuda fresh flag of choice for Russia-calling dark fleet tankers
    Intensifying regulatory scrutiny and sanctions enforcement from Western regulators is seeing those tankers linked to US-incorporated Marshall Islands and Liberia...
  • Shipping's energy transition is lagging, says BRS
    The International Energy Agency's net-zero scenario has come under fire in recent weeks, notably from oil producers who argue that...
  • Revived New Jiangzhou Shipbuilding wins first foreign order
    Move comes as more idled China-based shipyards are being resurrected to take advantage of recovering newbuilding markets
  • Crude oil tanker values march on market optimism
    Buyers need deeper pockets to acquire elusive modern sales candidates, says Gibson principal analyst
  • Rerouting eases container overcapacity concerns
    Cargo demand is set to rise at a slower pace than capacity deliveries; however, extended voyages will help delay the...
  • Yard capacity control crucial to sustaining newbuild price surge
    Although newbuilding orders are slowing, ship prices continue to soar to highest levels since the industry's previous supercycle in 2008
  • China launches Ship Energy Efficiency Centre in Shanghai
    The centre will oversee all China-flagged vessels above 400 gt, aiding compliance with international emissions regulation
  • Daily Briefing
    Red Sea rerouting hits east Mediterranean transhipment hubs | Houthi-hit bulker True Confidence opts for sanctioned salvor after it is...

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The Journal of Commerce web site
MARCH 21, 2024
  • US House passes 'OSRA 2.0' to set new curbs on China's shipping industry
    The legislation is an attempt to give federal maritime law more teeth to go after what its backers see as market manipulation and potential espionage from China.
  • Echo Global Logistics expands in Mexico as cross-border business grows
    The Chicago-based third-party logistics provider said demand from US shippers is drawing it and its competitors deeper into the cross-border freight market.
  • Maersk resumes trans-Pacific service amid early '24 import growth
    The carrier said the restored TP20 service will offer "competitive"' transit times just as shippers need to ensure products are in stock for spring and summer.
  • OOCL posts 2023 net profit, although slashed significantly in 'normalizing' market
    The carrier gave a highly uncertain outlook for the industry, outlining a litany of potential disruptors for 2024 that include Red Sea vessel diversions, high interest rates and geopolitical tensions.
  • DB Schenker profitable 2023 shows it's still the jewel in Deutsche Bahn crown
    The global forwarder is up for sale, and its high level of profitability during an otherwise challenging year for logistics could improve a selling price that analysts have already said could top $20 billion.
  • Uber Freight expands drop-and-hook program with emphasis on utilization
    Demand for drop-and-hook capacity is prompting freight broker Uber Freight to invest in more markets for its Powerloop program, which marries GPS tracking of trailers to available shipper loads.

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TradeWinds web site
MARCH 21, 2024
  • French frigate repels Houthi missile salvo targeting boxship in Red Sea (Video)
    EU vessel was 'closely protecting' container vessel from Houthi attack
  • Lomar rakes in $132m from long-term product tanker charters
    Greek firm recoups the money it spent to acquire group of ships from Carl Buttner more than a year ago
  • Angela Chao intoxicated at time of fatal car accident per police report
    Foremost Group leader had just left gathering of friends at family ranch in Texas
  • French war ship repels ballistic missile salvo in Red Sea
    EU vessel was 'closely protecting' commercial ships from presumed Houthi attack
  • Podcast: Alexander Saverys' ammonia mission doesn't mean running on green fuels all of the time
    Euronav and CMB chief executive discusses outlook for carbon-free fuel in shipping
  • Armed guards on Adnoc tanker in firefight with skiff off the coast of Yemen
    Incident reported south of Nishtun in the International Recommended Transit Corridor
  • Russia and China cut Red Sea 'security deal' with Houthis
    Several ships continue to broadcast pleas to Yemeni militants to leave them alone
  • Swedish Club books 'balanced' result and big improvement to free reserves
    Last year was a better time for the marine insurer
  • OOIL signals end to the good times as profits nosedive
    Hong Kong-based OOCL's parent fears Red Sea uncertainty and slow economic recovery
  • Giddy kamsarmax price shows why 'it's like 2007 again'
    Shipowner pay top dollar for bulker built at Sanoyas Shipbuilding 13 years ago
  • Don't blame Maxim: Picking the bones of Harry Vafias' plans for C3is
    This week's Streetwise looks at how the spin-off of a spin-off has kept the torch burning on dilutive deals with a new bank
  • 'Step into the future': Rem Offshore orders methanol-powered construction vessel
    Owner says vessel will be able to work on both conventional jobs and offshore wind projects
  • New Fortress Energy's Santa Catarina FSRU takes on first cargo
    Has company also accepted cooldown volumes for its FLNG project storage vessel?
  • Quest for zero-carbon shipping fuels needs to be taken as seriously as Covid, says BRS chairman
    Francois Cadiou believes a worldwide initiative is required for shipping's fuel of the future
  • Shipowner names emerge for QatarEnergy's Phase 2 LNG newbuildings as Q-Max orders climb to 18
    Nakilat set to score 35 vessels as Chinese owners join the party
  • Saverys family's CMB banking $810m as Euronav makes 'significant' dividend decision
    Pay-out will help deleverage private shipping company, analysts say
  • Norway's taxman has departing shipowners in his sights
    Parliament is considering changes that could see shipowners leaving to lower tax burden paying more
  • Andrianopoulos family firm Cape Shipping mounts $400m tanker comeback with order spree
    LR1s, aframax product carriers and suezmaxes are all in the mix as Greek container and bulker owner returns to tankers
  • HFW creates six new partners and legal directors as shipping growth continues
    Law firm rewards lawyers in London, Paris, Hong Kong and Dubai
  • Peter Livanos-backed GasLog developing liquid hydrogen ships as Middle East project gains momentum
    LNG carrier group brings in Chart Industries to work on green supply chain from Oman to Europe
  • Purus Marine revealed as buyer of Edda Wind SOV
    Renamed vessel Purus Horizon to be upgraded in second quarter
  • Who will pick up the tab for a shadow fleet oil spill? It won't be Russia
    Fresh revelations raise concerns over who will pick up the bill for major spills from sanctions-busting tankers
  • John Fredriksen's Seatankers banks 'massive' $80m-plus for PSV pair, brokers say
    Tycoon offloaded modern offshore vessels to Fugro for more than double what he paid in 2018
  • New and existing marine fuels cost gap could line up by 2035, Wartsila says
    But shipowners must act if sustainable alternatives are to be scaled up and decarbonisation targets reached
  • Salvage woes plague ship crippled by deadly Houthi missile strike
    Two weeks after attack killed multiple crew members, vessel remains under tow, heading to Oman
  • Oystein Stray Spetalen's Standard Supply sitting on a pile of cash after selling last PSV
    Norwegian owner has no problem finding another buyer in strong offshore market
  • Iran threatens more tanker seizures if US 'bullies' seize oil cargoes
    Naval commander Alireza Tangsiri says country will not be intimidated
  • Cargo owner arrests Indian-owned bulker as charterer and owners at loggerheads
    Timber trader says it is not interested in Neha Shipping's dispute with charterer and wants its missing logs back
  • Norway's taxman has departing shipowners in its sights
    Parliament is considering changes that could see shipowners leaving to lower tax burden paying more
  • Euronav sells three VLCCs while ordering ammonia-ready tanker and bulkers
    Savery's-led company returns to Qingdao Beihai Shipbuilding for one VLCC and two newcastlemax bulk carriers
  • Ship lessor Yangzijiang Financial redraws risk responsibility roles
    Singapore-listed company says changes will also see elimination of chief risk officer role
  • Polaris Shipping pulls sale of final two LR2s as tanker exit stalls
    Daehan-built product carriers will now not be sold until next year

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American Shipper web site
MARCH 21, 2024
  • House lawmakers crack down on Chinese ocean freight data
    Legislation approved by the House gives the Federal Maritime Commission more power to investigate potential container market manipulation by China.
  • Amazon concentrates parcel freighters at US air hubs, report says
    A DePaul University report says Amazon's air logistics unit is increasing efficiency by adopting a hub-and-spoke operating system for its cargo jets and airport locations.

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