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04 October 2025 - Year XXIX
Independent journal on economy and transport policy
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February 23, 2024

free news
Exim India web site
FEBRUARY 23, 2024
  • India's GDP growth projected at 7 pc in FY25: RBI
  • New trade route announced bypassing the Red Sea and involving Mundra Port
  • Government focused on enhancing indigenous capacity in shipbuilding & repair: Secretary at workshop
  • Imports from North Korea (KP) / Exports to North Korea (KP)
  • Private, state ports' grow faster
  • Use of scrubbers saves 13 billion USD for lines
  • Rescheduled dredging plan for Indira Docks
  • Lentil imports from Canada surge
  • APEDA facilitating start-ups in the marketing and export of millet-based value-added products
  • IMO called on to solve legal inconsistencies in ship recycling conventions
  • Gaza war, Red Sea attacks threat to world economy: IMF, WB
  • Global pool of shipping containers growing expeditiously

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International Transport Journal web site
FEBRUARY 23, 2024
  • 30 energy efficient locos for Brazil
  • More business in retail beyond obvious candidates
  • Antonov Airlines still performing worldwide
  • Sennder picks new COO
  • Cutting carbon emissions by 90%
  • Asia's first biofuel barge sets sail
  • Another Dubai hub for FedEx
  • ICS2: first companies go live
  • CEO confirmed
  • Scheduled direct train launched in Russia
  • Four facilities, two ports
  • Los Angeles starts 2024 on a high note
  • "Curiosity of the Day"
  • Joint initiatives to boost cargo traffic
  • Etihad Airways appoints VP cargo
  • Safety and innovation
  • DHL: a Mid-Atlantic move
  • Green light for Stockholm Norvik

free news
The Loadstar web site
FEBRUARY 22, 2024
  • Unexpected bonus for NOOs as demand for charters increases
  • ...Expeditors has a cost problem? DSV and Kuehne are worse off...
  • India renews open sky policy for foreign air cargo carriers
  • US pledges $20bn to incentivise domestic port crane construction
  • Red tape and emissions trading: ETS hits non-EU shipowners hard
  • Taiwan's Starlux Airlines goes large on cargo with order for five freighters

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Marine Log web site
FEBRUARY 22, 2024
  • Austal Australia adds two more Evolved Cape patrol boats to its order book
    Austal Limited (ASX:ASB) reports that Austal Australia has been awarded a contract extension for the construction of two additional Evolved Cape-class patrol boats for the Royal Australian Navy. The AUD $157 million
  • Equinor says it's "ready to go to work" on Empire Wind
    The Bureau of Ocean Energy Management (BOEM) today announced its approval of Empire Wind's Construction and Operations Plan (COP). This is the Equinor project's final approval from BOEM, following the agency's Record
  • Sanmar delivers first LNG-fueled Haisea Marine tug
    Turkey's Sanmar Shipyards reports that Haisea Kermode, the first of the two LNG-fueled escort tugs that it is building for Haisea Marine, has arrived in Vancouver, B.C., joining the three emissions-free Sanmar
  • Callan Marine christens dredge General Arnold
    Joining Galveston, Texas, headquartered Callan Marine's dredging fleet-which includes the General Bradley and MacArthur-is the newly christened 32-inch cutter suction dredge, the General Arnold. The new dredge was built at C&C Marine

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Container News web site
FEBRUARY 22, 2024
  • Ensuring container fleet resilience with fuel flexibility
    The Greenhouse Gas (GHG) targets set by the International Maritime Organization (IMO) and other regulatory vehicles, such as the Carbon Intensity Indicator (CII) and the Energy Efficiency Existing Ship Index (EEXI) have provided all ship owners and operators with parameters for meeting interim GHG targets in 2030, 2040 and, ultimately, achieving net zero by or around 2050. The extension of the EU
  • Scrubber savings reach US$13 billion, reports Sea-Intelligence
    According to Sea Intelligence, the IMO2020 regulations require the use of fuel oils containing less than 0.5% sulphur, such as Very Low Sulphur Fuel Oil (VLSFO), or alternative compliance methods like exhaust gas cleaning systems, known as scrubbers. Scrubbers enable shipping lines to utilize higher-sulphur fuel oils (IFO380), which are cheaper. With a growing number of scrubber installations, th
  • Two dead, three missing after container ship hits bridge in Chinese port
    Two people were killed and three others missing after a boxship hit a bridge in Guangzhou in the southern Chinese province of Guangdong this morning (22 February). Around 5.30 am, Liang Hui 688, a 2016-built 5,000 gt domestic Chinese container ship, reportedly hit the Lixinsha Bridge in Guangzhou's Nansha district, causing the bridge to collapse partially. Consequently, four cars and one motorcyc
  • Europe's largest quay cranes arrive at DP World's London Gateway
    DP World has received Europe's largest quay cranes at its flagship London Gateway logistics hub, marking its latest investment to boost the United Kingdom's future trading capability. Weighing more than 2,000 tonnes, the giant cranes will come into service at London Gateway's new fourth berth , set to open this summer. Following a two-month journey from China, the quay cranes arrived at London Ga
  • BIMCO publishes ship financing forms for uninterrupted use of vessels
    BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can ensure the charterers' uninterrupted use of a ship if the owner defaults under the financing facility. The QELs will be provided by the lender to the charterer to ensure that the charterer, who does not have a contractual relationship with the lender bu
  • Major Swedish port gains status in European Union network
    The recent designation of comprehensive status for Stockholm Norvik Port marks a significant milestone following the approval of an agreement on European Union regulations for the development of the Trans-European Transport Network (TEN-T). As an integral part of the EU transport network, this status enables the Swedish port to pursue EU funding opportunities, paving the way for further enhanceme
  • Rotterdam sees TEU decline amid stable financial results
    The Port of Rotterdam handled 13.4 million TEUs in 2023, translating to a 7% drop compared to the previous year's figures. Additionally, the container throughput in tonnes was 130.1 million tonnes, lower by 6.8%. "Container throughput has proved to be very volatile in recent years in response to Covid and geopolitical developments," said a Port of Rotterdam official, adding that the main reasons
  • sennder appoints new Chief Commercial Officer
    The European digital road freight forwarder sennder announced the appointment of Katherine Boesen as its new Chief Commercial Officer (CCO). Boesen's addition marks a significant milestone in sennder's growth trajectory as it aims to bolster customer relationships with major shippers across Europe and reinforce the value proposition of its platform and services, according to the company's stateme
  • MSC to open new feeder calls at India's eastern Paradip Port
    Mediterranean Shipping Co. (MSC) has inked a deal to start a feeder service between Paradip Port (PPT), a major gateway on India's east coast, and Sri Lanka's Colombo Port. The service is due to start in early March, initially offering two or three sailings a week and as volumes build, it will be enhanced to a weekly frequency, according to industry sources. Paradip has traditionally thrived on b
  • Port of Oakland appoints new maritime marketing manager
    The Port of Oakland has appointed Carolyn Almquist as its new maritime marketing manager, bringing with her extensive experience from the private sector in international trade. Almquist joins the Port of Oakland following a 25-year tenure at American President Lines (APL), a subsidiary of the CMA CGM Group. Throughout her career at APL, she progressed to executive leadership positions, including

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Splash web site
FEBRUARY 22, 2024
  • Castor sells bulker to Panagiotidis family member for $16.2m
    Cyprus-based bulker and boxship owner Castor Maritime has sold one of its bulkers for a price of $16.2m. Castor Maritime entered into an agreement to sell the 2010-built kamsarmax bulk carrier to an entity beneficially owned by a family member of Petros Panagiotidis, the company's chairman, CEO, and CFO. The company has already sold vessels ...
  • Stonepeak splashes $3bn for half of largest US offshore wind project
    Investment firm Stonepeak has bought a 50% interest in Dominion Energy's 2.6 GW Coastal Virginia Offshore Wind (CVOW) project for $3bn. The deal for the project stake was made with a subsidiary of Stonepeak Partners, an infrastructure investment firm managing over $61bn in assets. The transaction is scheduled to be completed by the end of ...
  • Teekay Tankers makes move on its final eight leased ships
    Teekay Tankers has set to wrap up its vessel buyback programme having agreed to take back eight and final remaining tankers tied to sale and leaseback deals. The New York-listed firm will be paying $137m for the transactions, which should leave the Kevin Mackay-led mid-sized tanker player free of debt in the first quarter of ...
  • Genco confirms sale of capesize duo
    US-listed Genco Shipping & Trading has continued its fleet renewal push and confirmed earlier broker reports about disposing of two more elderly capesize bulk carriers. The John Wobensmith-led owner of more than 40 dry bulk ships has sold the 2010-built Genco Claudius and 2009-built Genco Maximus for delivery to unnamed buyers in February and March, ...
  • Kishore Rajvanshy steps down at Fleet Management
    Hong Kong's Fleet Management (FLEET) has begun the search for a new managing director as co-founder Kishore Rajvanshy decided to step down from the role after three decades. As part of the leadership transition, Angad Banga, chief operating officer of FLEET parent company, The Caravel Group, will co-lead FLEET with Rajvanshy. Rajvanshy will continue to ...
  • PGS awarded 3D survey deal in the Mediterranean
    Oslo-listed seismic player PGS has been awarded a 3D project in the Mediterranean for an undisclosed energy company. The vessel will be used for the project and is scheduled to start the survey in early March. The project has a total duration of approximately 30 days. This project was not included in the $336m order ...
  • Yara Marine Technologies rebrands to Manta Marine and reveals new leadership
    The shipping industry's green tech supplier Yara Marine Technologies (YMT), recently sold to Geneva-based Okapi Supply Trading Advisory, has been rebranded and revealed a new leadership team. The company, now named Manta Marine Technologies, will be led by CEO Ina Reksten (pictured), who previously served as the deputy CEO and COO. Outgoing CEO Thomas Koniordos ...
  • Shell and Simply Blue exit floating wind projects
    Energy major Shell and Irish offshore renewables developer Simply Blue have opted to exit floating wind joint ventures to better focus on other markets. Shell signed a sales and purchase agreement with Hexicon transferring full ownership of the MunmuBaram joint venture. Under the agreement, Hexicon will increase its stake in the project from 20 to ...
  • Plans made to save Houthi-struck bulker from sinking
    An abandoned Belize-flagged bulk carrier which was damaged by Yemen's Houthi missile strike, is still floating despite taking in water. The Houthis had earlier said the vessel was in danger of sinking after claiming the attack that took place in the Strait of Bab el-Mandeb late Sunday and forced the crew of 24, including four ...
  • DOF bags offshore wind farm export cable repair gig
    Norwegian offshore vessel owner DOF has been awarded a contract to repair an export cable for an offshore wind farm in the Southern North Sea. The project, awarded by an undisclosed client - only described as an international energy operator, includes the retrieval of the damaged cable and termination, installation, trenching, and commissioning of the ...
  • Minerva Marine offloads its oldest cape
    Greece's Minerva Marine has made use of the hot dry bulk market to offload its oldest capesize vessels. The Andreas Martinos-led diversified owner of more than 70 ships has sold the 15-year-old , the company's first listed bulker sale in nearly 10 years. Brokers in Athens have seen the Jiangnan Shanghai Changxing Shipbuilding-built 177,736 dwt ...
  • Sulmara charters in Atlantic Offshore ERRV for renewables market refit
    Glasgow-based subsea specialist Sulmara has sealed a chartered-in deal with Norwegian owner Atlantic Offshore for an emergency response rescue vessel (ERRV), which will be refitted for work in the offshore renewables sector. The 2014-built Ocean Marlin has been secured on a three-year charter under which Sulmara will carry out a multi-million-pound upgrade to the vessel ...
  • KCA Deutag awarded contract extension by Vår Energi
    Drilling and engineering contractor KCA Deutag has secured more work on the Ringhorne platform in the Norwegian North Sea from operator Vår Energi. Under a two-year extension deal, the Aberdeen-based company will provide offshore drilling and maintenance services through to March 2026. The award of this extension solidifies the partnership between KCA Deutag and the ...
  • Petrobras taps Baker Hughes for Buzios well construction services
    Nasdaq-listed oilfield services major Baker Hughes has won a contract award from Brazilian oil giant Petrobras for integrated well construction services in the Buzios field offshore Brazil. The integrated services project is set to start in the first half of 2025 and will include drilling services, drill bits, wireline, cementing, wellbore clean up, fishing, remedial ...
  • Biden to replace Chinese-made cranes at all American ports
    Election year in the US with hysteria growing by the day about a more strident China has seen the White House take action over a perceived threat at its ports. President Joe Biden yesterday signed an executive order giving the coast guard greater powers to police cyber security at ports, as well as setting in ...
  • JP Morgan pockets tidy profit from cape sale
    JP Morgan is one of many big shipping names that has broken cover this month, joining a string of famous companies bidding or selling in the very active capesize market. This time the cash player is keen to make a profit, selling a mammoth sized bulker it bought from Japanese shipping mammoth Nissen Kaiun in ...
  • Barge rams bridge in Guangzhou
    A Chinese container barge rammed into a bridge over the Pearl River in the city of Guangzhou early this morning, sending vehicles into the water below with a section of the bridge falling into the river. The number of casualties remains unknown. The vessel was travelling from Foshan's Nanhai district towards Nansha in Guangzhou when ...
  • International Chamber of Shipping sets out industry principles to combat harassment and bullying
    The International Chamber of Shipping (ICS) has published a guide to combat and eliminate harassment and bullying in the maritime sector. The free industry guidance sets out five high level and eight detailed principles to address the issue. ICS submitted the principles to shipping's global UN regulators, the International Labour Organization (ILO) and the International ...
  • Broken down bulk carrier barred from entering Australia for a year
    A post-panamax bulk carrier that sat stranded for months in a central Queensland port has been towed back out to sea and banned from Australia. The arrived at the Port of Gladstone in October last year and was set to take a shipment of coal to Southeast Asia. However, mechanical issues saw it moored at ...

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Lloyd's List web site
FEBRUARY 22, 2024
  • Eastern Pacific Shipping enters wind-assisted propulsion space with bound4blue deal
    Eastern Pacific Shipping has made its first move in the wind-assisted propulsion space, signing a deal with rigid suction sail...
  • Fractal Shipping blacklisted as UK marks anniversary of Russian invasion with fresh sanctions
    Tanker owner Fractal Shipping, founded in 2022 with a focus on Russia trades, has been blacklisted by UK regulators for...
  • ICS launches industry guide to combat bullying and harassment
    Initiative comes as ILO and IMO meet this month, and after ILO study finding nearly one in five workers across...
  • Lloyd's List Intelligence agrees data tie-up with UK's Sedna
    Partnership will see Lloyd's List Intelligence's vessel-tracking data integrated into communication software developer's new AI-driven solution for charterers, Pulse
  • Teekay Tankers nears debt-free position on concluding strongest-ever year
    Strong oil demand, the Russian invasion of Ukraine's effect on tonne-miles and low fleet growth propelled mid-sized tanker specialist Teekay...
  • Hanwha Ocean expects order growth after operating loss shrinks in 2023
    Consecutive annual losses turn around, with net profit of $120m. However, operating profit remains in the red
  • Reefer market sees temporary boost from rerouting
    After falling across the past year, reefer rates have seen an uptick in 2024. But the improvement is expected to...
  • Metis links with Danish firm in offshore data analytics tie-up
    Co-operation with Danish offshore shipping company Esvagt takes Greece-based data analytics firm Metis' range of solutions 'in a new direction'
  • More P&I clubs announce renewal outcomes
    Higher premiums, stable pool and improved investment returns should see most International Group affiliates the right side of the line...
  • Wood Mackenzie report highlights key role for Asia-Pacific in global emission reduction efforts
    Renewables and electric vehicles will be key to the regional transition, report's authors say. A significant change to low-carbon energy supply...
  • Norwegian Car Carriers firms shipbuilding contracts for PCTC pair
    Firming of newbuilding contracts by Oslo-headquartered vehicle carrier tonnage provider follows letter of intent signed in November 2023. Including NOCC's...
  • Houthis strike again in Gulf of Aden
    The Iran-backed Yemeni militants are undeterred by international efforts to counter and disrupt their attacks
  • Lloyd's Register appoints new head for OneOcean platform
    LR acquired the software platform OneOcean in 2022. Former maritime and logistics software chief executive assumes control from founder
  • Vitol Bunkers' takes delivery of Asia's first specialised biofuel bunker barge
    Barge design meets regulation and can supply up to 100% biofuel bunker, with the option of being reconfigured to supply...
  • Rajvanshy hands over Fleet leadership role after three decades
    Fleet Management's managing director Dr Kishore Rajvanshy will continue to oversee the ship-related divisions, while other departments will be led by...
  • WinGD and Mitsubishi achieve milestone initial design of ammonia fuel supply system
    Collaboration will ensure that auxiliary systems and integration capability are in place to apply WinGD's engine designs
  • Record US-Europe crude flows as Houthi Red Sea attacks sideline Iraqi imports
    Change in refineries' crude buying patterns across Europe underscore the global recalibration in seaborne oil trades following three months of...
  • Daily Briefing
    Cosco ships join dwindling number risking Red Sea passage | Falls in Red Sea ship traffic stabilise as Suez transits...

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The Journal of Commerce web site
FEBRUARY 22, 2024
  • NS to eliminate Midwest service from Charleston, Savannah due to low volumes
    Railroad officials informed Georgia and South Carolina port authorities earlier this week, giving them one-month notice that service will no longer be offered to Chicago, Cincinnati and Louisville.
  • Asian shipowners to see €500 million ETS charge this year: analysis
    The ETS will affect 4,000 Asian-flagged vessels, which equates to one-third of the total 12,500 cargo and passenger ships that are subject to the European Union carbon tax.
  • Flexport resurrects Convoy truckload tech as tool for drivers, brokers
    Increased driver adoption of apps in the truckload industry was driven in part by now-shuttered broker Convoy, whose technology was relaunched Thursday by forwarder Flexport.
  • India-Europe trade hit hard by longer transits amid Red Sea diversions
    Carriers are dealing with a significant backlog of cargo that has built up because of longer transit times, cutting down available space for exports and raising rate levels.
  • January cargo spike could suggest import recovery in eastbound trans-Pacific
    The fourth consecutive month of year-over-year growth in US imports from Asia might be a sign the world's busiest trade lane has turned the corner after a lackluster 2023 in which imports declined about 13%.
  • No bump yet in trans-Pacific demand from Red Sea, Panama Canal: Matson
    Matson said its trans-Pacific volume outlook for 2024 is roughly flat with last year owing to modest growth in its Jones Act business and little impact yet from other supply chain crises.
  • White House counters risk of Chinese port cranes with $20 billion for US sourcing
    Along with new funding for the domestic manufacturing of container cranes, the Biden Administration has given the US Coast Guard more power to monitor cyberattacks on port and maritime infrastructure.
  • Savannah reducing 'free time' window to accept export containers
    The change in policy for so-called earliest receiving dates was due to go into effect March 1, but exporters asked the Georgia Ports Authority for more time to adjust their warehouse operations.
  • Ryder expands footprint in Laredo after truck border crossings rose 5% last year
    A new 228,000-square-foot warehouse and distribution facility near Laredo's World Trade Bridge will help Ryder scale operations for cross-border shippers.

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TradeWinds web site
FEBRUARY 22, 2024
  • Capesize spot rates jump up as major miners get back in business after Lunar New Year
    Rates were assessed over $2,000 higher on Thursday as activity awakes
  • US LNG project permitting pause adds 'uncertainty' to global markets, Cheniere says
    Chief executive makes impassioned call to US authorities on review of planned new liquefaction
  • Genco Shipping facing 'frenzy' in market for large secondhand bulkers
    Capesize and 'eco' tonnage is a tough find, as even midsized vessels 'fly off the shelf'
  • High-emissions ships risk losing insurance cover, warns underwriter
    Study explores ways insurers could encourage shipping's decarbonisation
  • UK sanctions tanker newcomer Fractal and Turkey's Beks over Russia trades
    It has to be legal: CEO Mathieu Philippe told TradeWinds last month that the company operates within G7 rules
  • High-emission ships risk losing insurance cover, warns underwriter
    The study explores ways insurers could encourage shipping's decarbonisation
  • Russia's Arctic LNG 2 project sanctioned by UK
    Novatek directors were also named in the list published on the eve of the second anniversary of Russia's invasion of Ukraine
  • Tanker newcomer Fractal blacklisted over Russia trades
    It has to be legal: CEO Mathieu Philippe told TradeWinds last month that the company operates within price cap rules
  • Wind vessel supply looking 'very tight', Clarksons says
    But Clarksons Research says growing orderbook is a concern
  • Veteran multipurpose vessel damaged after hitting rocks off Albania
    The Bergfjord was en route to Turkey with a scrap cargo
  • Sailing through a warzone: Fears for seafarers mount as Red Sea crisis takes its toll
    Even when their ship passes safely, the emotional toll on mariners can last beyond their time in dangerous waters
  • Sanko Steamship puts final ship up for sale
    Japanese company came out of administration in 2014 but has struggled to recover
  • Rerouted Red Sea ships face rising threat of piracy, warns IMO chief
    Secretary general Arsenio Dominguez says that the UN body has talked to African authorities to combat any increase in activity
  • Bulker banned from Australia for 12 months amid safety crackdown
    Regulator was disappointed with shipowner's response after engine breakdown
  • Thor Dahl bids farewell to container shipping as it sells veteran vessel
    Company calls time on a profitable adventure in the boxship market
  • Punish Russia with stricter oil price cap, campaigners urge
    Nearly 300 groups demand action to prevent the growth of the shadow fleet hauling Russian oil
  • How is Oaktree's godfather, Howard Marks, like Michael Corleone? It's the convertibles
    This week's Streetwise takes a look at convertible notes and how they pulled Oaktree back into Eagle Bulk
  • Houthi minister says Red Sea is 'absolutely safe' as group 'holds EU talks'
    Hussein al-Ezzi tells Yemeni TV channel that only US, UK and Israel-linked ships will be targeted
  • High seas to prison hell: Captain stuck behind bars after life-changing 'slip of the tongue'
    Captain Zhang Deyi's case highlights the need for an overhaul of how seafarers are treated when things go wrong, say campaigners
  • Chevron opts to retrofit reliquefaction and emissions reduction kit to LNG duo
    Energy major turns to South Korea's HD Hyundai Marine Solution for upgrade job
  • Bulker banned from Australia for 12 months amid ongoing safety crackdown
    Maritime regulator says it was disappointed with KMAX Leader owner's response after engine breakdown
  • Outperforming marine arm lifts Bureau Veritas to record earnings
    French class society looks to strong 2024 on back of strong organic growth
  • Harry Vafias-led StealthGas posts back-to-back record profits
    LPG carrier company hedges its bets in volatile markets
  • 'UK-owned' ship on fire after attack in Gulf of Aden
    UKMTO says two missiles fired at vessel on Thursday morning
  • Boskalis swoops for Altera's fleet of super-large anchor-handlers
    Dutch owner's deal revealed by Brazilian competition ruling
  • Fleet Management hunts for new managing director as Kishore Rajvanshy steps down
    Veteran prepares to pass baton to the next generation at one of the world's largest third-party ship managers
  • Seacon Shipping inks $130m deal for series of tanker newbuildings
    Chinese owner looking to diversify and expand its fleet
  • Norwegian domestic wealth fund's Frontline bet pays off for $1.3bn shipping and offshore book
    Fund added exposure at multiple Fredriksen companies, BW LPG and Hoegh Autoliners
  • Altera Shuttle Tankers mandates banks for $150m bond issue as it posts loss
    Fixed income investor meetings start on 23 February
  • Pelagic Partners builds stake in Hunter Group as it bets on tankers
    Cypriot investor now holds more than 5%
  • Teekay Tankers splashes $137m on final vessel buybacks to go debt-free
    Record markets leave midsize crude tanker giant able to extricate itself from leasebacks
  • Eastern Pacific breezes into wind propulsion with bound4blue sails aiming for 10% fuel cut
    Suction sail technology adds to a variety of efforts by Singapore shipowner to reduce carbon intensity
  • Hope for tanker owners as Dangote refinery set to export first two cargoes
    Product carriers needed to lift fuel oil and naphtha cargoes in Nigeria
  • High seas to prison hell: Captain stuck behind bars a decade on from life-changing 'slip of the tongue'
    Captain Zhang Deyi's case highlights the need for an overhaul of how seafarers are treated when things go wrong, say campaigners
  • Hornblower pulls plug on US cruise arm as American Queen Voyages put under Chapter 11
    Expedition and river cruise company to liquidate under voluntary bankruptcy filing
  • Vitol takes delivery of specialised biofuel bunker tanker in Singapore
    Trader says vessel can also be re-configured to supply methanol

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American Shipper web site
FEBRUARY 22, 2024
  • Business up in January at ports of Savannah, Brunswick
    Georgia Ports Authority said it handled 428,000 containers and 65,400 roll-on, roll-off units in January.
  • West Coast leads latest surge in US container imports
    Following 15 months of challenges, U.S. ports are once again experiencing substantial growth in inbound containers.

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