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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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June 27, 2024

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Exim India web site
JUNE 27, 2024
  • RIJA transports Heavy Lift Cargo from Mumbai to Cochin
  • Ministry committed to develop robust inland water transport system: Sonowal
  • DBGT achieves major milestone of handling 3,000th vessel
  • More ships, containers needed
  • Industry urges govt to extend IES for exporters
  • Wheat prices up from two-month low as India seen importing
  • Restriction at Deendayal Port oil jetty
  • PSA recognised with three awards
  • GDP growth seen at 7.2 pc in FY25: Fitch
  • You Ask We Answer

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International Transport Journal web site
JUNE 27, 2024
  • Southern European forwarders expanding
  • Contract extensions for WFS
  • Cargo Ai unveils latest allotment feature
  • A first for Renault in Chile
  • FS to explore new energy sources
  • Revamping Russia's intermodal terminals
  • Röhlig USA picks regional COO North America
  • Maersk opens low emissions hub
  • Partners for a new bunker solution
  • Trialling digital co-drivers
  • Forging a French partnership
  • A double role for Christophe Tchordjallian
  • PSA launches first hydrogen refuelling station
  • Between Bangkok and Binh Duong
  • "Curiosity of the Day"
  • Hybrid-electric RTGs arrive at Bayport terminal
  • A second MD at Cologne/Bonn airport

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The Loadstar web site
JUNE 26, 2024
  • Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
  • 'One FedEx' blossoms, takes Mr Market's pulse with Freight spin-off allure
  • MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
  • Asiana Airlines unions object to KAL takeover - 'find another buyer' plea
  • Methanol fuel cells - 'a major breakthrough' in maritime decarbonisation
  • No let-up in online shopping, but demands for free delivery will test etailers
  • 'Messing about on the river' brings a touch of déjà vu

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Marine Log web site
JUNE 26, 2024
  • Sovcomflot tanker NS Africa rescues 19 seafarers in the Gulf of Aden
    Russia's largest shipping company Sovcomflot reports that on June 23 at 13:12 local time, its tanker NS Africa, sailing in the Gulf of Aden 96 nautical miles southeast of the port of
  • Crowley christens America's first all-electric harbor tug
    In a ceremony held in the Port of San Diego yesterday, Crowley christened the eWolf, America's first all-electric harbor tug. Operating with zero emissions and other sustainable technology, the tugboat delivers the
  • First Venture Global LNG carrier is on the water
    The Samsung Heavy Industries shipyard in Geoji-si, South Korea, has launched the first of the nine LNG carriers acquired during their construction phase by Arlington, Va., headquartered U.S. LNG export terminal operator
  • McAllister Towing announces departure of Eric McAllister
    McAllister Towing today announced that Eric McAllister, officer, director and shareholder of the company, is leaving to pursue various other opportunities. "I want to thank Eric for all of his contributions to
  • Viega press fittings gain additional NAVSEA approval
    Broomfield, Colo., headquartered Viega, whose press fitting system is the first to meet the U.S, Navy's rigorous testing requirements, reports that it has received additional Naval Sea Systems Command (NAVSEA) approval for
  • ITF demands immediate action to ensure the safety of seafarers in the Red Sea
    Yesterday was IMO's Day of the Seafarer, with this year's theme being "Navigating the Future - Safety First." Both IMO Secretary General Arsenio Dominguez and UN Secretary General António Guterres marked the
  • Ship owners face hefty emission bills under EU-ETS, warns Oceanly
    The integration of the shipping sector into the European Union Emissions Trading System (EU-ETS) brings substantial costs and compliance challenges for ship owners and Rapallo, Italy, headquartered fleet performance solutions specialist Oceanly

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Container News web site
JUNE 26, 2024
  • MSC Vietnam's Project Cargo team sets new record
    MSC Vietnam's Project Cargo team has achieved another milestone by successfully securing and loading a disassembled lifting frame with parts of various dimensions in Vung Tau. The longest single piece, measuring 31 meters, sets a new record length, surpassing MSC Vietnam's previous record set just five months ago. By employing innovative handling techniques, strategically using specialized equipm
  • Memorandum signed for development of European Gauge Railway Line to Klaipeda
    A memorandum was signed in Klaipeda to foster closer cooperation in decision-making for developing a new European gauge railway line to Klaipeda. The memorandum was signed by the heads of the Ministry of Transport and Communications, "LTG Infra" (the public railway infrastructure manager of the "Lithuanian Railways" Group), the Klaipeda Port Authority, and the municipalities of Klaipeda city and
  • Boxship newbuildings still in demand despite high deliveries
    Record newbuilding deliveries of 3.1 million TEUs this year have not discouraged new orders, according to Alphaliner's report. However, operators and tonnage providers are shifting their focus to mid-sized vessels of 8,000 to 17,000 TEUs, rather than the megamax ships commissioned during the Covid-19-induced boom. Year-to-date, 64 boxships of 543,500 TEUs have been ordered, as the resurgent freig
  • Geodis expands rail freight network with Poland-Spain connection
    Geodis, a leading intermodal operator, has expanded its rail freight services by introducing a new fixed schedule connection. The first direct rail link between Lódz, Poland, and Barcelona, Spain, became operational on 11 June. On its inaugural journey, the freight train transported customer goods in 44 containers and/or swap bodies, each with a payload capacity of 26 tons, from Lódz to Barcelona
  • Port of Brunswick handles more than 86,500 units of Ro/Ro cargo in May
    The Port of Brunswick set a new record in May, handling 86,577 units of Roll-on/Roll-off (Ro/Ro) cargo, marking a 26% increase of more than 18,000 units compared to May 2023. "Brunswick's proximity to domestic manufacturers and to vibrant sales markets make it a critical partner for the auto industry in driving new business. The recent addition of 120 acres of processing space, along with hundred
  • MSC revises equipment charges in Türkiye
    Considering the current equipment situation in Türkiye, MSC will revise its Equipment Repositioning Charge (ERC) for all cargo originated from Türkiye to NWC, UK and ScanBaltic destinations. As from 1 July 2024 (B/L date) until further notice, the ERC will be charged as follows: €500/20' or GB£500/20' or US$500/20' €500/40' or GB£500/40' or US$500/40' If you liked this post, please consider donat
  • ABP tests new platform to enhance workplace safety and planning
    Associated British Ports (ABP), a major port operator in the United Kingdom, is advancing workplace safety and planning through the trial of a new workforce scheduling platform developed by UK-based startup, Ensemble Analytics. In this trial, ABP will utilize the 'Athena' platform at its Ports of Immingham, Hull and Ipswich to bolster operational resilience and facilitate long-term resource plann
  • Leatherman Terminal reopens following SC Ports-ILA agreement
    South Carolina Ports (SC Ports) has reached an agreement with the International Longshoremen's Association (ILA) and as a result, the Leatherman Terminal will reopen. SC Ports and the ILA said in a joint statement that "after productive and collaborative conversations, we have mutually developed and agreed to the framework for an operating agreement that will create long-term stability and compet
  • NTU Singapore, PSA and Chiyoda launch hydrogen transport and storage trials
    NTU Singapore, PSA Singapore and Japan's Chiyoda Corporation have commenced trials to explore the transportation and storage of hydrogen in the form of methylcyclohexane (MCH). This method allows hydrogen to be stored as a liquid at ambient temperature and pressure before being converted back to gaseous hydrogen for use as a clean fuel in port operations. As part of this collaboration, PSA has es
  • COSCO announces new service linking Mexico with Far East
    COSCO SHIPPING has launched Mexico Express Service (WSA5), connecting key Mexican Pacific ports like Ensenada, Manzanillo, and Lázaro Cárdenas with major Far East ports such as Busan, Dalian, Ningbo, Shanghai, and Qingdao. The Chinese ocean carrier will offer 3,000-5,000 TEU slots per voyage. COSCO SHIPPING currently operates 12 liner routes calling Mexico, with a total capacity of over 220,000 T
  • First commercial electric cargo handlers operate at Port of Los Angeles
    The Port of Los Angeles has achieved another significant milestone in its journey towards becoming a zero-emission (ZE) port by deploying the first commercially available battery-powered electric cargo top handlers in the United States. "We are building a greener Los Angeles together that supports frontline communities while making major investments in clean energy and creating thousands of good-
  • Saudi Global Ports acquires 80 electric prime movers
    In a move towards a more sustainable port ecosystem, Saudi Global Ports (SGP) has acquired 80 electric prime movers (e-PMs) from SANY Marine Heavy Industry for use at the container terminals of King Abdulaziz Port Dammam (KAPD). Along with the e-PMs, SANY will provide charging stations and relevant training for SGP employees to maintain and service the e-PMs and charging stations. This purchase h

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Splash web site
JUNE 26, 2024
  • Belships beefs up ultramax fleet with newbuild and secondhand deals
    Norwegian bulker owner Belships is expanding its ultramax fleet with the acquisition of modern Japanese-built vessels and signing up for a pair of newbuildings. The Oslo-listed company said it had agreed to buy an unnamed 64,000 dwt vessel built in 2024 for $41m, with delivery set for the first quarter of 2025. The Lars Christian ...
  • Transocean given one-year drillship extension
    Offshore drilling contractor Transocean has won another one-year extension for the 2014-built ultra-deepwater drillship Deepwater Asgard in the US Gulf of Mexico. The company said that the program was expected to begin in direct continuation of the rig's current program and is estimated to contribute approximately $188m in backlog, including additional services. The daily rate ...
  • KVH inks bulk data Starlink capacity deal
    Maritime connectivity specialist KVH Industries has expanded its relationship with Starlink through a bulk data distribution agreement. The new agreement offers KVH increased flexibility in the development and sales of custom, cost-effective airtime plans using Starlink's mobile priority service. Under the agreement, KVH prepaid for access to a large block of Starlink data at favourable ...
  • Pioneer Marine expands with supramax addition
    Greek bulker operator Pioneer Marine has revealed a new addition to its fleet with the delivery of a 2014-built supramax. The Athens-based company has welcomed the 56,500 dwt Myra Bay - the former V Rich brokers earlier this year reported as sold to an unnamed Greek buyer in a deal worth between $18m and $19m. ...
  • Marsa Maroc to operate container terminal of Nador West Med port
    The development of this port is part of a global strategy aimed at transforming Morocco into a leading logistics platform. The country already has the port of Tanger Med, which ranks among the largest container ports in Africa and in the world. Port operator Marsa Maroc and Nador West Med have signed a concession agreement ...
  • Edda Wind closes $38m private placement
    Oslo-listed offshore wind service pureplay Edda Wind has raised nearly NOK400m ($37.7m) in a private placement of new shares. A total of 17m shares were offered at NOK23.5, with the company's largest backers, John Fredriksen, Wilhelmsen and Idan Ofer, pre-subscribing for the full private placement. Fredriksen's Geveran Trading, Wilhelmsen New Energy and Ofer's EPS Ventures ...
  • Rosetti Marino bags $428m offshore contract
    Italy's Rosetti Marino has secured a contract worth over €400m ($428m) for an offshore project in the Mediterranean Sea. The deal, equivalent to 33% of the value of the entire project, was awarded by Libya's Mellitah Oil & Gas - a consortium formed by National Oil Corporation of Libya and Eni - to Rosetti Marino ...
  • Solstad seals new Prysmian CSV charter deal
    Norwegian OSV owner and operator Solstad has secured a new long-term contract with Italian cabling giant Prysmian. Prysmian has contracted the 2014-built construction support vessel Normand Ocean to support its cabling operations until 2032. The firm contract, with an undisclosed value, will start during the first or second quarter of 2027 and comes with an ...
  • SeaBird gets more work for survey vessel
    Marine seismic specialist SeaBird Exploration has agreed to extend a firm duration of a contract for the vessel Eagle Explorer. SeaBird penned a letter of award with an unnamed repeat client for a 2D survey in the Western Hemisphere and secured a contract for the vessel back in May. At the time, the Oslo-listed company ...
  • TGS to conduct offshore wind measurements off US West Coast
    Oslo-listed seismic data specialist TGS has announced a new campaign for offshore wind and metocean measurement located in Morro Bay, off the US West Coast. The campaign seeks to enhance the understanding of offshore conditions across three wind energy lease areas in Morro Bay. This three-year deployment in an area with an average depth of ...
  • Number of active shipyards jumps by 17.7% in two years
    Shipyards are making the most of the current newbuilding boom with new data suggesting the number of active yards has leapt by 17.7% in the space of the last two years. In June 2022, there were 153 active shipyards, according to Greece's Xclusiv Shipbrokers. This number climbed to 180 this month, with China accounting for ...
  • Agricore books ultramax newbuilds
    Chinese owner Agricore Shipping has beefed up its orderbook of bulk carriers with another newbuilding deal at the domestic yard. The company, better known for its S&P activity on the secondhand market, has selected Jiangsu New Hantong Ship Heavy Industry to build four 63,500 dwt ultramax vessels. Established in 2016, Agricore entered shipowning with its ...
  • Vitol in for LR2 quartet at Dalian
    Commodities trader Vitol has booked four LR2 tankers at Dalian Shipbuilding Industry Co. Brokers suggest a price tag of around $72.5m each and higher, with delivery of the 115,000 dwt vessels starting from October 2026 through to March 2027. The order follows Hyundai Vietnam-built 110,000 dwt LR2s, Elandra Swift and Elandra Tern, entering the fleet ...
  • Vogemann bulks up with more cape orders in China
    Vogemann has added to its series of capesize bulker newbuilds at Hengli Shipbuilding in Dalian. Industry sources say the German owner has returned to the Chinese shipyard formerly known as STX Dalian for four 180,000 dwt scrubber-fitted bulkers, with delivery in 2026 and 2027. The deal builds on Vogemann's order last year involving four capes ...
  • COSCO Shipping resolves dispute over Peruvian megaport exclusivity rights
    Peru and Chinese state-owned COSCO Shipping have resolved a dispute over the $3.6bn Chancay port development which could be transformative for cargo trade between Asia and Peru. Peru and COSCO Shipping were caught in a spat for exclusivity rights which, according to Peru's port authority, were given to Cosco by an 'administrative error'. On the ...
  • Horst Zeppenfeld exits container shipping
    German owner Horst Zeppenfeld has exited the container markets, with Alphaliner reporting the sale of the 2006-built, 1,341 teu Algol to Greece's Element Shipmanagement. The Algol is currently on charter to X-Press Feeders, working routes in South America. The deal leaves Horst Zeppenfeld with two 2014-built handy bulk carriers in its fleet and takes Element's ...
  • Looming lean crew era in the spotlight
    Are the numbers of crew onboard about to dwindle? This forms the lead story in the June issue of Splash Extra published today and follows on from news earlier in the month that tech firm Kongsberg Maritime has received approval in principle from classification society DNV to enable the role of chief engineer to be ...
  • NYK and Pertamina firm gas carrier ties
    Japanese shipowner Nippon Yusen Kaisha (NYK) has agreed with Indonesia state-run Pertamina International Shipping to collaborate in the field of liquefied carbon dioxide (LCO2) and liquefied natural gas (LNG) and jointly establish a shipmanagement company. The two companies have been forging closer ties in recent years, with NYK becoming an investor in PIS two years ...
  • Dawn of the shorefarer
    The world's crewing sector has been digesting significant news this month from Norway which could lead to fewer seafarers employed on ships. Tech firm Kongsberg Maritime received approval in principle from classification society DNV to enable a key role to be transferred from a ship to a shore-based control centre. The move will enable the ...
  • Why euphoria at this year's Posidonia has me worried
    Fair to say this year's Splash-sponsored Posidonia was rammed - organisers begging authorities to expand the exhibition center to accommodate the sensational demand, while the parties were on a euphoric scale we haven't witnessed for close to a generation. With the benefit of hindsight, the sense of euphoria experienced at this year's Greek jamboree does ...
  • MOL invests in American glider manufacturer
    Japanese shipowning giant Mitsui OSK Lines (MOL) has invested in an American developer of a novel form of transport. MOL Switch, the company's US-based corporate venture capital firm, has made a strategic investment in Regent, the developer of so-called seagliders, hydrofoiling electric wing-in-ground-effect vessels (pictured above). The coastal transport gliders use existing dock infrastructure
  • June 2024 Review
    The Red Sea shipping crisis dominated headlines once again in June. The Houthis displayed greater sophistication in their attacks on merchant shipping this month, hitting targets both by sea and air for the first time, killing one seafarer, severely injuring another, sinking one ship with another vessel likely also a constructive total loss. Into seven ...
  • Falling Asian refining margins undermine freight markets
    Crude oil prices climbed during June, narrowing Asian refining margins with some effect on tanker freight rates. WTI rose from a June 4 low of $73.25 to a June 20 high of $81.29. Similarly, between the same dates, Brent was up from $77.52 to $85.99, and Dubai Blend was up $78.87 to $82.49, narrowing the ...
  • Profitable dry cargo's lack of volatility
    China's economic stimulus continues to provide support for its steel producers, for global iron ore markets, and for capesize bulk carrier owners and operators. Chinese steel production rose 8.1% in May over April to reach 92.86m tonnes, its highest since March 2023 and up 2.7% year on year. Steel exports also rose 4.4% to 9.63m ...
  • Up, up and away for containers
    US containerised imports stuttered in May, with LA handling 0.75m teu in May, 3% down on May 2023, though the total for the first five months of the year was up 18% year-on-year. The Port of LA says that its containerised exports were up 24% year-on-year at 0.13m teu while imports were down 4.5% at ...
  • Analyst Abstract
    Dry Bulk Are dry bulk assets now overvalued? Throughout this month there has been plenty of speculation on this topic. A major factor behind rising asset values has been the impact of very strong newbuilding prices, which have deterred owners from making orders for new ships. "High prices and a large number of sales transactions ...
  • Lengthy Posidonia hangover
    Posidonia in Athens put a pause on the sale and purchase markets, and the hangover in the weeks since has been lengthy as reflected in the VesselsValue chart below. Nevertheless, prices remain very healthy, benchmarks are being more than met, and there is still plenty of interest in dry and wet alike. "It feels like ...
  • The Red Sea shipping crisis and Egypt
    The Houthi attacks on merchant vessels are wreaking havoc on shipping in the Red Sea in almost every metric imaginable. From officer supply shortages at an all-time high, sailor deaths, and the number of attacks to a statistic that might not be in the forefront as much as the others - Egypt's financial woes resulting ...
  • Views sought from commercial shipping on the issue of maritime migration
    The voice of commercial shipping is missing from debates around maritime migration, according to the Geneva-based Centre for Humanitarian Action at Sea, who are seeking responses to an online, anonymous survey available here. From the Straits of Malacca to the Gulf of Aden to the Central Mediterranean, it will come as no surprise to shipping ...
  • Exuberant dry bulk market sees asset prices streak ahead of earnings
    Tight shipyard capacity and the fear of missing out are driving values well beyond the likelihood that outlay can be recouped in earnings, writes Plamen Natzkoff from Maritime Strategies International. Dry bulk market players are putting earnings potential over asset values as they seek to capitalise on an exuberantly positive mood according to new analysis ...

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The Journal of Commerce web site
JUNE 26, 2024
  • US trade groups urge Biden's help in restarting stalled ILA-USMX talks
    Over 150 groups representing a variety of US businesses called on the White House to bring labor and management together, but it's not clear if the ILA would welcome outside influence.
  • CMA CGM, Hapag-Lloyd decouple on India-Europe trade after US network shakeup
    After seeking their own paths on the India-US East Coast trade, the carriers have put an end to their long-time slot-swapping on India-North Europe routes, industry sources told the Journal of Commerce.
  • Ocean carriers unable to cover demand despite huge capacity injection
    An early start to the peak seasons on the trans-Pacific and Asia-Europe trades has left shippers fighting for space with no sign of a respite from soaring rates and deteriorating service levels.
  • FedEx to 'reassess' LTL division's future in bid to leverage recent success
    As FedEx Freight increases revenue and profitability, the transportation and logistics company is considering potential steps to "unlock sustainable shareholder value."
  • SC Ports strikes deal with ILA to fully open Leatherman marine terminal
    The Port of Charleston and the International Longshoremen's Association are ending a long-running fight over crane jobs at the terminal by allowing operators to decide whether to join the union,

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TradeWinds web site
JUNE 26, 2024
  • Maxim strikes back: controversial boutique bank makes the case for warrants-based deals
    An unapologetic Larry Glassberg implies that one-bulker Pavimar Shipping IPO could be priced next week
  • Marinakis pens largest PSV order in a decade
    Greek owner cements entry into offshore markets with contract for up to eight vessels
  • Adhira Shipping bags big lithium mining contract after management buyout
    Dubai bulker company seals deal with Moonbound Mining in South Africa
  • Venture Global rolls out first LNG carrier in nine-ship fleet
    But company keeps it blurry on its ship purchases
  • Gram Car Carriers gives shareholders more time to mull Aponte offer
    MSC is looking to take over the car carrier lessor for $700m
  • Chinese newcomer mulls order for 30-bulker haul
    Beijing shipowner previously bought 10 resale ultramaxes and a secondhand supramax
  • Venezuela drawing on shadow fleet tankers to keep oil flowing into Cuba
    Shrinking PDVSA fleet means other vessels are being brought in
  • New VLCC terminals not needed in US Gulf as exports rise, say brokers
    Increased efficiencies mean new projects are not seen as essential to keep crude flowing
  • Japanese asset freeze on shipless SCF subsidiary
    Sun Ship Management has previously been targeted by US, EU, and UK regimes
  • Wista UK master mariners urge all to inspire next generation
    'Catch the trade winds in your sails. Explore, dream, discover'
  • Belships adds four bulkers to fleet with purchase and charter deals
    Norwegian owner has made its first move to exercise a purchase options on a leased bulk carrier
  • Adhira Shipping bags big lithium mining contract after management buy-out
    Dubai bulker company seals deal with Moonbound Mining in South Africa
  • Sovcomflot crew save seafarers from sinking tanker off Yemen
    Sanctioned Russian company says seafarers were picked up from life raft after vessel abandoned
  • 'Substantial amounts of money': Evangelos Marinakis explains why he is bucking the trend in LNG
    This week's Streetwise takes a look at Evangelos Marinakis' star turn at Marine Money Week, and why a bet on gas is happening his way
  • Norwegian international registry pushes for growth after strong comeback
    Bergen-based open registry boasts a fleet of more than 700 ships after several years in the doldrums
  • Sovcomflot subsidiary hit by asset freeze in symbolic move from Japan
    Sun Ship Management has previously been targeted by US, EU, and UK regimes
  • Cedar LNG seals final investment decision on $4bn FLNG project
    Samsung Heavy Industries set to start work on a second LNG floater
  • Houthis fire 'new ballistic missile' at MSC ship in potential game-changing attack
    Militant group unveils fresh weapon as its assaults on world trade take fresh step
  • Chinese dry bulk newcomer mulls order for up to 30 newbuildings
    Beijing-based firm previously bought 10 resale ultramax newbuildings and one secondhand supramax
  • LNG market in 'fragile equilibrium', gas industry body says
    Number of sector participants growing and 'no longer a game' for only big companies
  • Maersk lays down $150,000 per day to charter newbuilding as boxship market burns bright
    No let-up in soaring container market forces Maersk to cough up for short-term fixture
  • $10bn tension: French shipowner flight risk rising as tonnage tax dragged into general election debate
    Reed Smith lawyers argue a quick gain from tax reform may prove elusive after election
  • Hafnia and Scorpio are set for 'stellar free cash flow yields', says Pareto
    Broker also initiated coverage of d'Amico International Shipping with a buy recommendation
  • Cleaned-up suezmaxes could push LR2s off rate rollercoaster, Gibson says
    UK broker says traditional divergence between crude and product markets in third quarter could intensify trend
  • SSY hires ex-Maersk Broker man to run new Japan office
    Shipbroker has been on a mission to build up its Japan presence with a focus on project business
  • Iran saves on VLCC storage costs with $660m of new tank facilities
    Storage complexes unveiled as part of $2bn revenue drive
  • Chinese giant Cosco explores first Japanese newbuilding order in two decades
    Shipping giant is said to be enquiring about at least 10 shipbuilding slots for capesize bulk carriers
  • Hapag-Lloyd pulls 'single largest lever' in decarbonisation drive as it teams with ZeroNorth
    Partnership launches 'digital solution' to navigate energy transition
  • Final investment decision secured for $4bn FLNG project
    Samsung Heavy Industries set to start work on a second LNG floater
  • Cleaned-up suezmaxes could push LR2s off rate rollercoaster, Gibsons says
    UK broker says traditional divergence between crude and product markets in third quarter could intensify trend
  • 'Overheated' capesize values make secondhand investments a risky bet, says Drewry
    Current pricing levels unlikely to generate enough investment returns, shipping consultancy claims
  • Master reports near miss in Gulf of Aden as Houthis keep up pressure on shipping
    Incident is latest in a string of attacks on shipping in the Gulf of Aden and southern Red Sea
  • TotalEnergies narrows shortlist for LNG bunker vessel newbuilding
    New entrants are taking an interest in emerging sector, but it comes at a price
  • Idan Ofer-backed 'zero emission' electric vessel completes first cargo delivery in Singapore
    The successful carriage 'showcases the immense potential of electric vessels for a cleaner maritime future'
  • John Fredriksen's Edda Wind raises $38m in private placement 'to explore further growth'
    Offshore wind operator says it wants to revitalise its liquidity position following operational setbacks
  • One centenary, two christenings and the fourth generation: John T Essberger celebrates 100 years in business
    Three generations of the von Rantzau-Essberger celebrate 100 years anniversary
  • Safety lapses uncovered on ship involved in Singapore's worst oil spill in over a decade
    Shipowner says it is working to rectify deficiencies found in wake of collision with bunker tanker

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American Shipper web site
JUNE 26, 2024
  • 20 of world's biggest companies collaborate to modernize bar code
    As the bar code turns 50, many large companies are working with GS1 US to create a more effective product code process, which may result in switching from bar codes to QR codes.

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