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30 July 2025 - Year XXIX
Independent journal on economy and transport policy
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July 23, 2024

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Exim India web site
JULY 23, 2024
  • Govt working on plan to boost exports to $2 trn by 2030
  • Asyad Group acquires Skybridge Freight Solutions, its first international acquisition in core logistics activities
  • Vrrddhi Freight celebrating 10th Anniversary
  • E-commerce export hubs framework by Sept.
  • India likely to ease rice export curbs
  • Agri products exports dip 3.24 pc in Q1
  • Economic outlook survey projects GDP growth at 7 pc in current fiscal
  • Rotterdam port throughput remains the same in H1 2024
  • Charterers using VLCCs in the LR segment for CPP trade
  • MSC invests in multimodal terminal adjacent to Paris via MEDLOG
  • India, B'desh trade halts as quota stir intensifies
  • PIL's refreshed brand unveiled
  • FinMin extends CVD on Chinese tyres for 5 years
  • DP World and Evyap Group forge new logistics hub to boost Turkish trade
  • New Far East Latin America Express (FLX) service announced
  • YANTIAN bags 'Best Green Container Terminal' award
  • GDP to show impressive growth: Economic Survey
  • Hodeidah port still on fire after Israel attacks Yemen
  • Total throughput up at Port of Antwerp-Bruges driven by container transport
  • Bahri partners with SLA to provide training and employment opportunities in KSA logistics sector
  • China's foreign trade gets a boost via smart ports

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The Loadstar web site
JULY 22, 2024
  • Crew member dies as Maersk Frankfurt catches fire on maiden voyage
  • Ukrainian rail prospects hobbled by mismatched gauges
  • OceanX: Trump trades; Schenker shades; OOCL brakes; cyber games
  • Ripples from IT outage could spread through supply chains 'for weeks'
  • News in Brief podcast | Week 30 2024 | Surcharges, strikes and IATA's stressful settlements
  • Driver shortage down under - hit by a bus...
  • More danger to box ships as Houthis expand Red Sea attack arena
  • US hit by fall in meat exports as China scales back and Brazil steps up
  • Ocean freight hits the jackpot as cherries line up for a controlled modal switch
  • MSC continues to expand fleet with vintage vessels as profits top scrap value

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Marine Log web site
JULY 22, 2024
  • NOIA welcomes Energy Permitting Reform Act
    In a move applauded by the National Ocean Industry Association, U.S. Senators Joe Manchin (I-W.Va.) and John Barrasso (R-Wyo), respectively Chairman and Ranking Member of the Senate Energy and Natural Resources Committee,
  • New cruise ship will have $1 million MOBtronic man-overboard-detection system
    U.K. based MARSS has won its largest-yet order for its MOBtronic automated man-overboard detection system, designed to instantly detect persons falling from a ship. Worth nearly $1 million, this latest contract is
  • ABS inks MOU with USCG Research and Development Center
    The American Bureau of Shipping (ABS) and the United States Coast Guard Research and Development Center (USCG-RDC) have signed a memorandum of understanding (MOU) that opens the door to collaborative research and
  • FERRIES 2024: First zero-emission, high-speed ferries in the U.S.
    Late last year, San Francisco's Water Emergency Transportation Authority (WETA), the operator of the San Francisco Bay Ferry system, signed a strategic partnership agreement that will see Wärtsilä provide its fleet electrification
  • Rem Offshore back at Vard for a third CSOV
    Fosnavåg, Norway-headquartered Rem Offshore has signed a contract with Fincantieri Group member Vard covering the design and construction of a state-of-the-art CSOV. The vessel will be the third commissioning service operation vessel

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Container News web site
JULY 22, 2024
  • Survey: More Than 15 Years Needed for Transportation Sector to be Fully Powered by Sustainable Fuel Sources
    Almost half the respondents who took part in a survey spearheaded by Reed Smith revealed that they expect it to take more than 15 years for the sector to be powered by 100% sustainable fuel sources. These insights were gathered from nearly 50 of Reed Smith's clients in the transportation sector, including global companies in aviation, shipping, logistics, manufacturing, utilities, and environment
  • Trump's proposed US tariffs could impact Los Angeles port, director says
    The proposed tariffs recommended by former president and Republican presidential nominee Donald Trump could "change the landscape for the future" of the Port of Los Angeles, the port's executive director Gene Seroka said recently during the monthly presentation of port volumes. Should he be re-elected this November, Trump is proposing a 10% tariff across all imported goods and a 60% tariff on go
  • SeaLead-operated boxship dodges Houthi assault
    A container ship operated by SeaLead Shipping was attacked by Houthi missiles and drones on 20 July. The 2006-built, 5,059 TEU vessel Pumba was deployed to SeaLead's Five Seas Express service connecting China to the Red Sea and the Mediterranean. Vessel-tracking data shows Pumba departed Saudi Arabia's port of Jeddah on 17 July and was likely heading towards Egypt's Port Said. The United Kingdom
  • Canada invests in green ship technology
    In response to the intense climate change, Transport Canada aims to address the environmental impact of marine shipping through its Green Shipping Corridors Program. "Canadians across the country rely on marine shipping to deliver products we use every day in an affordable, safe, environmentally friendly, and efficient way. The projects will grow a strong economy and get people the goods they nee
  • Seafarer dies in blaze on Maersk-chartered ship
    A seafarer has lost his life in the inferno of the newly built container ship Maersk Frankfurt, as firefighters continue to battle the flames three days after the fire broke out on 19 July. The Panama-flagged 5,920 TEU Maersk Frankfurt, delivered to Japanese tonnage provider Tokei Kaiun from Imabari Shipbuilding in June, is on a three-year time charter to Maersk Line. Bernhard Schulte provides te
  • Reputation matters: It's time to digitalise ocean freight
    Global economics and conflict continue to push trade, cargo demand, capacity and pricing in unexpected directions, creating headaches for the ocean cargo ecosystem. Carrier teams are looking to work faster, understand change better and deliver stand-out service with competition for custom being so high. This all asks questions of ocean carriers' ability to understand and respond effectively to ch
  • Global bunker indices show moderate downward trend
    During the 29th week of the year, the Marine Bunker Exchange (MABUX) global bunker indices experienced a moderate downward trend. The 380 HSFO index decreased by US$2.58, dropping to US$554.73/MT, the VLSFO index saw a decline of US$7.33 to US$652.74/MT and the MGO index fell by US$10.78 to US$840.92/MT. "At the time of writing, global bunker indices continued to decline slightly," stated a MABUX
  • MANA Nutrition to open new warehouse in Georgia
    On 17 July, MANA Nutrition officials celebrated a groundbreaking ceremony for a major expansion of the company's supply chain facilities with a new 29,729 m² warehouse in Pooler, Georgia. The new facility is located four miles from the Port of Savannah and is expected to enable MANA to double its production capacity and enhance storage capabilities. "We want to dedicate about 30% of the facility
  • PortMiami unveils shore power initiative for cruise ships
    Miami-Dade County Mayor Daniella Levine Cava marked the introduction of shore power at PortMiami, a significant advancement that is expected to allow cruise ships to shut off their engines and connect to onshore electrical power while docked. "As Mayor, I vowed to protect our environment; shore power has been my personal dream and initiative. We embarked on this journey in 2021, thanks to an inno
  • CMA CGM increases rates from Indian Sub to North Europe and Med
    CMA CGM has announced new Freight All Kinds (FAK) rates effective from 1 August 2024 (gate-in date), until further notice. The updated prices will apply to dry cargo from the Indian Subcontinent (India, Pakistan and Sri Lanka) to North Europe and the Mediterranean. The updated FAK rates will apply as follows: If you liked this post, please consider donating The post appeared first on Container N
  • India-Europe FAK rates heading to new highs as shippers scramble for space
    Indian exporters sending goods to Europe are set to face significantly higher freight rates next month, as container lines already have their vessels overbooked for the upcoming weeks. Carriers have successfully pushed spot rates and freight-all-kinds (FAK) rates up, after seeing some softening trends from the Red Sea crisis-induced spikes a couple of months ago. The latest announcements by major
  • Port of Oakland Board approves solar power deal
    The Oakland Board of Port Commissioners has greenlit a US$19.3 million deal to secure solar power for the next two decades. "The Port continues to build its long-term renewable energy portfolio demonstrating our commitment to sustainability, which benefits our customers, community, and environment. Energy pricing can be unpredictable, so entering into a long-term agreement guarantees a fixed pric

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Splash web site
JULY 22, 2024
  • Product tanker seized off Iran
    Iran's Islamic Revolutionary Guard Corps (IRGC) seized a product tanker after it left the Khor Al Zubair port in Iraq loaded with 1,500 tonnes of gas oil. Splash has received information that the tanker in question is the Togo-flagged Betelgeuse. The vessel is owned by the Marshall Islands-based company Madrigal Marine. The owner's representative, Ahmad ...
  • Valaris lands $498m drillship deal with Equinor Brazil
    New York-listed offshore driller Valaris has won a multi-year contract with Equinor's subsidiary in Brazil for the drillship Valaris DS-17. The deal covers work on the Ria project offshore Brazil, Equinor operates in partnership with Repsol Sinopec and Petrobras. The contract, worth about $498m is estimated to last 852 days and includes managed pressure drilling, ...
  • Sea1 Offshore bags long-term MPSV extension deal from PXGEO
    Norway's Sea1 Offshore has agreed a long-term contract extension with marine seismic player PXGEO for its multipurpose support vessel Siem Dorado. The Christen Sveaas-led OSV owner and operator has fixed the 2009-built MPSV for two years and four months in direct continuation of the vessel's current employment. The new extension will keep the ship utilised ...
  • Norden buys Norlat Shipping
    Danish owner and operator Norden has sealed a deal to acquire Norwegian dry bulk operator Norlat Shipping. Founded in 1986, privately owned Norlat specialises in the shipment of forest products and other bulk commodities on trade routes from Northern Europe to North Africa and North America. The company has offices in Sarpsborg and Bergen in ...
  • Nissen Kaiun signs for very large ammonia carriers in China
    Nissen Kaiun has been tied to an order of very large ammonia carriers in China. Brokers reported Japanese shipping mammoth had contracted four 88,000 cu m newbuilds at Yangzi-Mitsui Shipbuilding (Yamic) a joint venture yard between China's Yangzijiang Shipbuilding and Japan's Mitsui E&S Shipbuilding. The ships are set for delivery from May 2028 through February ...
  • Trafigura buys Gearbulk out of High Heat Tankers venture
    Global commodities trader Trafigura has acquired Gearbulk's stake in High Heat Tankers (HHT) joint venture for an undisclosed sum. The HHT business ships liquid coal tar pitch through long-term contracts of affreightment, focussing on aluminium smelters primarily based in the Middle East, the West Coast of Canada and Asia. The 50/50 owned jv was set ...
  • Woodside expands into US with $900m Tellurian buy
    Australian energy major Woodside has entered into a definitive agreement to acquire Houston-based LNG exporter Tellurian, including its owned and operated US Gulf Coast Driftwood LNG development. The consideration for the transaction is an all-cash payment of approximately $900m. The implied enterprise value is approximately $1.2bn. According to Woodside, this represents an entry into an ...
  • Greek shipowner duo forges ahead in domestic banking sector
    Greek shipowners and entrepreneurs Dimitris Bakos and John Kaimenakis have stepped up their game in the banking sector with a merger deal with Greece's fifth-largest lender. Thrivest Holding, owned by the duo together with Alexandros Exarchou, has finalised a deal to combine Pancreta Bank and its larger peer, Attica Bank. The agreement, which is part ...
  • United Product Tankers closes its doors
    Germany's United Product Tankers (UPT) has closed up shop after experiencing difficulties securing tonnage for commercial management and pooling. The Hamburg-based outfit of the Columbia Group recently ceased its operations after 21 years in the business, citing the impact of positive sentiment in the product tanker segment that has led its clients to either cash ...
  • Israel and Houthis trade blows as Red Sea shipping crisis enters new phase
    The nine-month long Red Sea shipping crisis entered a new, more dangerous phase over the weekend with Israel and the Houthis now in direct confrontation, carrying out long-range attacks on each other, and lending credence to the claims by the Houthis that they have the capacity to attack targets in the Mediterranean. A Houthi drone ...
  • White knight emerges in race to save Harland & Wolff
    A possible white knight has emerged to save the crisis-hit Harland & Wolff shipyard in Northern Ireland. The Belfast yard, famous for building the Titanic, has been in severe financial difficulty for a long time and on Friday the new government of the UK decided not to issue keenly sought £200m ($259m) loans to it, ...
  • Densay sells handy to HMM for a swift profit
    Turkey's Densay Shipping & Trading has made a smart asset play, pocketing millions from a handysize it picked up four months ago. Brokers report Densay has sold the Japanese-built, seven-year-old SSI Daring to South Korea's HMM for $26.7m. Densay had picked up the 36,228 dwt ship from Lauritzen for $24m in March. Densay also sold ...
  • Dong Fang Offshore CSOV newbuild wins work on wind farm off Taiwan
    Taiwan-based offshore wind service player Dong Fang Offshore has won a contract for its CSOV newbuild from Copenhagen Infrastructure Partners (CIP) for work on the Fengmiao I offshore wind project. The vessel has already been ordered and will be delivered in the first quarter of 2027 from the shipyard and will sail under the flag ...
  • Crew escapes from massive blaze on Nigerian FSO
    Following a fire outbreak, all 19 crew members from the Britania U floating storage and offloading (FSO) vessel have been saved. The Nigerian Maritime Administration and Safety Agency (NIMASA) said that it collaborated with other agencies and first responders to ensure the safe rescue and evacuation of the crew and other exposed persons during the ...
  • Chinese VLCC involved in Singapore tanker collision apprehended in Malaysia
    Friday's dangerous tanker collision off Singapore took a twist over the weekend with one of the vessels involved fleeing the scene before being apprehended by authorities in neighbouring Malaysia. The Maritime and Port Authority of Singapore (MPA) reported that a fire broke out on both a Singapore-flagged tanker Hafnia Nile and a São Tomé and ...
  • Seafarer dies in severe blaze on Maersk vessel off India
    One seafarer has died in the severe blaze onboard the one-month-old Maersk Frankfurt off India. Indian Coast Guard ships, helicopters and planes spent the weekend dousing the ship, with latest reports suggesting the fire has been surpressed, but there is still much smoke from the front deck of the 5,500 teu vessel. The Panama-flagged Maersk ...

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Lloyd's List web site
JULY 22, 2024
  • Iran seizes Togo-flagged tanker
    Lloyd's List Intelligence data and an IRGC-affiliated news outlet indicate the seized vessel is the 1,767 dwt Betelgeuse. The incident...
  • Box rates still historically high, but more 'cracks' and peak signals emerge
    Is this the top for container shipping spot rates? On one hand, supply and demand fundamentals argue it is. On...
  • FuelEU to allow mass-balanced fuels
    EU publishes FAQ for upcoming FuelEU legislation
  • Yemen port disruption unclear as attacks escalate
    Despite claims that Hodeidah port was not affected by an Israeli air strike on Saturday, which saw a power station...
  • Nautical Institute remains voice of the practical mariner, says Bailey
    'Seagoing as a career is not defined by the term seagoing. To me, it's defined by the term nautical; it's...
  • How UECC chose to run its ships on cashew nuts
    Oslo-based shortsea car carrier UECC has big plans for LNG and biofuels
  • Indian government calls for armed guards review
    India's shipping ministry has questioned whether private security training is sufficient to deal with uncrewed vessel attacks and has called...
  • One crew dead in fire on board Maersk-chartered containership
    Fire on board the 2024-built, Maersk-chartered Maersk Frankfurt has claimed the life of one seafarer
  • MSC sells former Soviet Union containership for Hong Kong Convention recycling
    World's largest operator of containerships has sold 1,438 teu, former Baltic Shipping fleet, boxship to Indian ship recyclers. It is...
  • Industry groups and member states pitch CII amendments to IMO
    IMO member states will consider potential changes during the MEPC82. These suggestions are likely to be taken into account in...
  • Trafigura buys out Gearbulk stake in High Heat Tankers joint venture
    Trafigura doubles down on specialist tanker trade taking full ownership of previous joint venture with a new order to boost...
  • The week in newbuildings: Dry cargo carriers and containerships prevail
    Six shipowners pen newbuilding contracts for bulk carriers, while in the containership sector Ocean Network Express adds methanol dual-fuel neo-panamaxes...
  • Malaysia Coast Guard intercepts 'dark fleet' tanker Ceres I involved in collision off Singapore
    As the investigation continues, traces of oil spillage have been discovered
  • Labour disruption delays HMM neo-panamax newbuilding deliveries
    The first two of six HMM newbuildings ordered from Hanwha Heavy Industries entered service three months later than their scheduled...
  • Iran's tankers double down on concealment efforts post-sanctions
    Analysis of satellite and AIS data shows these ships still play a role in Iran's oil sector, but experts insist...
  • Daily Briefing
    Irregular AIS tracking seen with serial 'spoofer' Ceres I before Hafnia Nile collision | Skuld leads hull slip on Hafnia...
  • Industry groups and member states pitch CII amendments to IMO
    IMO member states will consider potential changes during the MEPC82. These suggestions are likely to be taken into account in...
  • Trafigura buys out Gearbulk stake in High Heat Tankers joint venture
    Trafigura doubles down on specialist tanker trade taking full ownership of previous joint venture with a new order to boost...
  • The week in newbuildings: Dry cargo carriers and containerships prevail
    Six shipowners pen newbuilding contracts for bulk carriers, while in the containership sector Ocean Network Express adds methanol dual-fuel neo-panamaxes...
  • Malaysia Coast Guard intercepts 'dark fleet' tanker Ceres I involved in collision off Singapore
    As the investigation continues, traces of oil spillage have been discovered
  • Labour disruption delays HMM neo-panamax newbuilding deliveries
    The first two of six HMM newbuildings ordered from Hanwha Heavy Industries entered service three months later than their scheduled...
  • Iran's tankers double down on concealment efforts post-sanctions
    Analysis of satellite and AIS data shows these ships still play a role in Iran's oil sector, but experts insist...
  • Daily Briefing
    Irregular AIS tracking seen with serial 'spoofer' Ceres I before Hafnia Nile collision | Skuld leads hull slip on Hafnia...

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The Journal of Commerce web site
JULY 22, 2024
  • Ocean carriers face new FMC rules on dealing with US exporters
    The Federal Maritime Commission has set out the guidelines ocean carriers will need to follow to avoid claims from exporters that they are not being treated fairly.
  • Expect rising air cargo rates through second half of year: DHL index
    The second half of 2024 is not likely to bring rate relief for shippers forced into the air by geopolitical events and trade tensions between the US and China.
  • H1 breakbulk, ro/ro tonnage down at Rotterdam, Antwerp-Bruges
    Weaker demand, congestion and supply chain disruptions held back volumes at two of Europe's largest breakbulk ports during the first six months of the year.
  • Contract flexibility offers release valve for pressure of spot rate swings
    Ocean carriers and cargo owners should recognize that a very large gap between contract and spot rates creates stress and that it's pragmatic to incorporate some flexibility into the contract, writes consultant Jeremy Masters.

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TradeWinds web site
JULY 22, 2024
  • Shipowner says crew in jail after Iran seizes tanker
    Small product carrier with 12 Indian crew members taken to port of Bushehr
  • Star Bulk's 20-year-old ship reported to fetch 'strong' price months after Houthi attack
    Sale price represents highest value for bulker since June of last year
  • Demolition 'tsunami' on ice as container shipping players rake in profits
    MSC tops scrapping list as elevated earnings and asset values keep rising
  • Genco sells capesize bulker as buyers seek blue-chip tonnage in active market, brokers say
    Bulker owner sells off last Sungdong-build ship acquired from Metrostar in 2007
  • Greek shipping stalwart and ex-ICS chairman Spyros M Polemis dies
    Respected Andriot ship owner and one of the first proponents of a shipping carbon levy was 86 years old
  • Navios linked to tanker sale as wide-ranging fleet renewal drive extends
    Indonesian buyers said to be swooping on one of the oldest product carriers in the fleet of the US-listed behemoth
  • DOF Group looks to add Maersk names to board as $1.1bn deal enters final furlong
    Erik Bergoo and Kristin Holth are being positioned to take new seats on the board
  • Danaos ties up string of charter deals with liner giant Cosco in strong market
    Another raft of forward fixtures point to the enduring strength of the container charter market
  • Deadly Houthi sea drone strike sounds alarm over ship security teams
    Indian shipping regulator says video of the attack 'doesn't show control of the situation'
  • HD Hyundai Heavy promotes first overseas employee to site team leader
    Sri Lankan employee now in charge of 28-person team
  • Harland & Wolff boss quits as UK government denies financial support
    Loan worth £200m rejected as Flacks Group could be interested
  • Shipowner Carisbrooke keeps profit margin high after trimming fleet
    Accounts also reveal significant investment in newbuildings for fleet renewal
  • HD HHI promotes first overseas employee to site team leader
    Sri Lankan employee now in charge of 28-person team
  • MR tankers expected to stay strong as owners hunt for deals
    The asset class has seen secondhand values shoot up in recent months
  • Fulford-Smith talks seed investments, Tor Olav Troim and shipping players 'supporting Putin's war'
    Affinity (Shipping) CEO explains how ESG investments will support shipbroking expansion
  • Blaze rips through FSO off Nigeria as all 19 crew members rescued
    Nigerian maritime agency says Brittania-U sent emergency message on Thursday
  • First shadow fleet LNG carrier loads cargo at Russian Arctic terminal
    Dubai-owned, ice-strengthened vessel picks up cargo at Yamal plant as others circle outside ice limits
  • Norden buys Norwegian operator NorLat Shipping to grow parcelling business
    Acquisition is Norden's second buyout of a projects and parcelling specialist
  • Kyriakou family's Athenian Sea Carriers extends chemical tanker push to 10 newbuildings
    Greek shipowner returns to Chinese shipyard for two more ships
  • Trafigura buys Gearbulk stake in High Heat Tankers
    Trading giant takes full control of Singapore asphalt and bitumen pool venture's 14 ships
  • Red Sea 'normalisation' to hit product tanker demand in 2025, predicts Clarksons
    But a 'prolonged rerouting' around the Cape of Good Hope could change this scenario
  • Tufton Oceanic 'well advanced' on new investments after tankers sales
    Company has up to $25m of investible cash to spend, sees potential in containers
  • As VLCC crew fight fire after South China Sea collision, identity of tanker insurer remains a mystery
    Norwegian insurer says it is yet to make contact with cover provider of Ceres I
  • US law firm Squire Patton Boggs extends European expansion with new Swiss office
    Geneva base will be run by commodities and shipping co-head Kate Sherrard
  • Trade wars, tankers and protectionism: What a Trump White House comeback could mean for shipping
    Streetwise explores how regime change in the US could impact shipping equities
  • Fire hits key Rosneft refinery after latest Ukrainian drone strike
    Russian authorities say debris from drone started fire at Tuapse refinery on Black Sea
  • Top Ships strikes deal to buy 'megayacht' from boss Evangelos Pistiolis
    Para Bellum to be chartered out on short-term deals
  • Greek shipowner pair move into banking big time with bailout of struggling lender
    Altomare principals set to take control over Attica Bank from Greek bailout fund
  • Cosco ferry arm recycles veteran ropax as MSC offloads its oldest container ship
    Ferry and container ship sales come during an otherwise lacklustre week on the ship recycling front
  • Woodside looks to buy Tellurian to become 'global LNG powerhouse'
    Australian energy giant spending $900m to take control of proposed Driftwood project
  • Malaysian authorities capture fleeing Chinese VLCC involved in collision with Hafnia vessel
    Ceres I was being towed away from the Malaysian coast when it was apprehended on Sunday
  • Maersk container ship fire claims life of one seafarer
    Latest reports indicate fire on board Maersk Frankfurt has been suppressed but smoke still billowing from vessel
  • Singapore OSV player CH Offshore on road to recovery with profitable 2024 on the horizon
    Bottom line boosted by higher vessel utilisation and revenue from third-party vessels chartered in
  • Israel-Houthi feud escalates after Yemeni group strikes Tel Aviv
    Houthis inflict first major, confirmed strike in Mediterranean with a new kind of long-distance drone
  • New Fortress produces first offshore LNG a year later than planned
    Company yet to detail volumes and loading of export vessel

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American Shipper web site
JULY 22, 2024
  • Boeing bullish on freighter demand as National Airlines orders 777s
    National Airlines plans to order four 777 freighters, underscoring why Boeing remains upbeat about the air cargo market over the next 20 years.
  • FMC rejects claims it is using new container rule to regulate prices
    Federal regulators have finalized a rule making it harder for ocean carriers to refuse to provide vessel space for customers.
  • Lynden Air Cargo pursues exemption to airdrop pallets from 500 feet
    Alaska-based Lynden Air Cargo received FAA approval to modify a civilian version of the Hercules C-130 with an aerial delivery system so it can support more humanitarian missions.

››› File
FROM THE HOME PAGE
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 first half of 2025, container traffic in the port of Gioia Tauro grew by +10.5%
Joy Taurus
2,186,211 TEUs were handled
A bulk carrier was attacked in the Red Sea
Portsmouth
The crew abandoned the ship which began to take on water
German government allocates 400 million euros to support energy transition in maritime-port sector
Over 78 million euros to the ports of Augusta and Taranto for offshore wind
Rome
Funds distributed over three years starting from 2025
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
Rijeka Gateway Terminal to become operational in early September
Copenhagen
The first ship at the second container terminal of the Croatian port is expected on September 12
Falteri (Federlogistica) urges us to focus on the development of "polycentric" logistics
Genoa
The Simplified Logistics Zone should be the cornerstone of the strategy
Tsuneishi Shipbuilding Co. acquired Mitsui E&S Shipbuilding Co.
Hiroshima/Tokyo
It was renamed Tsuneishi Solutions Tokyobay Co.
Pessina (Federagenti): Northern European logistics system is struggling. Let's take advantage of it!
Rome
Unexpected opportunity - he underlines - for the Mediterranean ports and Italian ones in particular
MSC Cruises Joins Carnival and Royal Caribbean in Capitalizing on Grand Bahama Shipyard
Miami
Negotiations underway since the end of 2024 have been successfully concluded
At The International Propeller Clubs the Dorso Award for the Mediterranean area
Naples
In recognition of the primary role played by logistics operators in Mediterranean traffic
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