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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
01:28 GMT+2
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BRIEFS
August 29, 2024

free news
Exim India web site
AUGUST 29, 2024
  • VIMC Container Lines launches direct feeder shuttle service between Kattupalli & Port Klang West
  • GTI inks MoU with JNPA on providing shore power to vessels
  • Indefinite strike call by port workers deferred after agreement
  • Implementation of automation in the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 in respect of EOUs with effect from 01.09.2024
  • Amendments of para 4.49 (g) under Chapter 4 of the Handbook of Procedures, 2023 to reduce Compliance Burden and enhance Ease of Doing Business
  • Tonnage drops in mid-August
  • Kerala takes flight with drone-based medical deliveries: Skye Air Mobility partners with CARITAS Hospital
  • Cathay Cargo mulls India expansion via co-terminalisation of freighters
  • Allcargo Gati Limited gears up to meet festive demand surge
  • DP World Mundra achieves record throughput in July
  • Electronics, dairy, poultry exports up in July
  • Perspective on Indian Rupee by Mihika Sharma, Associate Economist at CARE Ratings
  • You Ask We Answer

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International Transport Journal web site
AUGUST 29, 2024
  • Paris now a bit closer to the sea
  • Platform to improve e-trucks supply
  • M&M: a gateway to India
  • LTG Cargo to make operations more sustainable
  • CMA CGM Air Cargo's first transpac freight service
  • New Singapore base for Daphne Technology
  • Leschaco attains AEO level 2
  • Changing of the guard at VAP
  • Expanding digital air cargo capacity to Hawaii
  • A promotion for Erica Calhoun
  • More and more freight shifted to rail
  • Shore power initiative launched in India
  • Four Parx's Frankfurt focus
  • "Curiosity of the Day"
  • New freighter flight from China to Africa
  • A twelfth mega vessel for OOCL
  • Green truck collects dirty waste
  • Cargo Ai picks Fintech veteran
  • Supporting a Savannah site

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The Loadstar web site
AUGUST 28, 2024
  • Foreign airlines react to sudden new US rule tightening air cargo security
  • Strike at major Indian ports called off, but supply chain challenges remain
  • Analysis: A happy (almost) anniversary to 'CART'
  • Global airfreight market sees eighth month of double-digit demand growth
  • Zim scales up its box ship fleet to challenge its liner rivals
  • Green credentials of innovative 'e-sail' cargo ship to be unveiled at SMM

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Marine Log web site
AUGUST 28, 2024
  • VIDEO: Passengers evacuated from NY Waterway ferry following fire
    A fire broke out aboard the NY Waterway ferry Father Mychal Judge yesterday during rush hour. The ferry was en route from Pier 11 in Manhattan to Paulus Hook and Liberty Harbor
  • Austal USA pleads guilty to accounting fraud and obstruction of DoD audit
    The U.S. Department of Justice reports that Austal USA LLC, a subsidiary of Australian shipbuilder Austal Limited (ASX: ASB) yesterday entered a guilty plea and agreed to pay $24 million to resolve

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Container News web site
AUGUST 28, 2024
  • ZIM's mean ship size moves up with more larger vessels deployed
    ZIM Line has caught up with its larger peers in terms of average ship size, according to Alphaliner's report today (28 August). The Israeli carrier has upped its average ship size of 4,395 TEU in August 2023, to 5,748 TEU this month. This growth is in line with ZIM's fleet expansion as it has chartered more larger ships. Asset-light ZIM, now the ninth largest liner operator, has replaced many cha
  • MSC inks collaboration agreement with start-up shipyard Hengli HI
    Mediterranean Shipping Company has signed a partnership agreement with emerging Chinese shipbuilder Hengli Heavy Industry, as the Swiss-Italian operator continues to reach out to mid-tier Chinese yards for new buildings. Hengli Heavy Industry formed in 2023 with Hengli Group's acquisition of the defunct STX Dalian yard has so far received only bulk carrier and tanker orders. However, the partners
  • Container ship contracting spree now exceeds 10 million TEUs
    "When only six ships with a capacity of 4,746 TEU were contracted in the fourth quarter of 2023, many might have thought that the container ship contracting spree that began in 2021 had finally cooled. However, the appetite for new ships remains high and year-to-date contracting already exceeds the 2023 full-year total. That brings the total capacity contracted since the start of 2021 to 10.47m T
  • Canada rail strike averted, but ILA action looms
    The Canadian rail lockout of union employees that went into effect on Thursday and threatened to disrupt North American logistics lasted only eighteen hours. Friday's order by the Minister of Labor ended the lockout and required the start of binding arbitration for the carriers and union. The Teamsters issued a strike announcement soon after but rescinded it once the Industrial Relations Board af
  • APMT Mumbai inks MoU with Jawaharlal Nehru Port Authority
    In a significant step towards advancing Shore Power Supply (SPS) in the region, Gateway Terminals India (GTI), also known as APM Terminals Mumbai, has signed a Memorandum of Understanding with the Jawaharlal Nehru Port Authority (JNPA) to pilot this technology. "This agreement showcases how we are collaborating with port authorities, governments, and like-minded stakeholders to lead and take pion
  • OOCL and partners drive low-carbon shipping with biofuel collaboration
    Orient Overseas Container Line (OOCL) and its partners, including IKEA and Kyocera, have joined forces to promote low-carbon shipping by adopting cleaner fuels to reduce supply chain emissions. The first voyage under this initiative began in early August, using a B24 biofuel blend. This blend incorporates ISCC-certified Used Cooking Oil Methyl Ester as a component of the Very Low Sulphur Fuel Oil
  • Innovative applications for telescopic slides
    Telescopic slides are essential mechanical components that facilitate smooth movement and optimized storage in a variety of applications. Their versatility and ability to support heavy loads while offering smooth, controlled movement make telescopic slides a preferred choice in many sectors. We explore some of the most innovative and fascinating applications for these products in a variety of fie
  • Panama Canal introduces new long-term slot allocation method
    The Panama Canal announced that the new Long Term Slot Allocation (LoTSA) methodology will be implemented starting 1 October 2024, for all market segments except LNG and LPG. The LNG and LPG segments will adhere to the previously announced date in Advisory to Shipping No. A-25-2024. After the LoTSA methodology was announced, several customers in the full container market segment requested additio
  • WinGD secures 100th order for VCR-equipped X-DF dual-fuel engines
    Swiss marine power company WinGD has reached a significant milestone with its hundredth order for Variable Compression Ratio (VCR) technology, an innovation designed to optimize combustion in X-DF dual-fuel engines based on fuel type and engine load. Launched in June 2023, this technology has quickly become a preferred choice for dual-fuel engine orders, particularly within the LNG carrier market
  • CLdN expands freight capacity between Dublin and Mainland Europe
    CLdN announced the further enhancement of its Irish service with the addition of a new load-on/load-off (LoLo) sailing on the Rotterdam-Dublin route. With this new service, CLdN customers will now benefit from three direct LoLo and three direct RoRo departures per week from both Rotterdam and Dublin. CLdN is the only operator offering this level of service between mainland Europe and Ireland. The
  • Telemar to support Italy's GNV safety and navigation systems
    Telemar, a provider of smart maintenance and remote access technologies, has secured a contract with GNV (Grandi Navi Veloci) to deliver safety maintenance services for its expanding fleet. Under this agreement, Telemar will oversee the management and maintenance of GMDSS and navigation safety systems on GNV's new vessels: GNV Polaris, GNV Orion, and GNV Virgo, which are being built at the CSSC s
  • Rohlig SUUS launches new intra-Europe routes
    Rohlig SUUS Logistics has launched two new direct groupage routes from Brno to Sofia and Bucharest, enhancing its network in Southeast Europe. These new lines, part of the operator's extensive European network and logistics hubs in Central and Eastern Europe, can also support supply chains for businesses in Northern and Western Europe. Previously, the company offered direct general cargo routes t
  • zero44 introduces FuelEU Maritime software for optimized compliance strategies
    On 1 January 2025, the European Union will implement its second major regulation for decarbonizing shipping: FuelEU Maritime. This regulation aims to promote the use and production of sustainable fuels. Companies that exceed the permitted greenhouse gas intensities for their vessels will face increasing penalties in the coming years. None of the traditional fossil fuels meet the regulation's requ

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Splash web site
AUGUST 28, 2024
  • Helix rakes in $786m worth of new deals from Petrobras
    Houston-based offshore contractor Helix Energy Solutions has won new three-year vessel charter and service contracts with Brazilian major Petrobras. The Brazilian company awarded deals to the riser-based well intervention vessels Siem Helix 1 and Siem Helix 2. The new three-year contracts are valued in aggregate at an estimated $786m. Each contract includes an additional three ...
  • Red Sea littoral states brace for the worst tanker spill this century
    The Sounion suezmax, the ship that risks becoming the worst tanker spill this century, remains on fire and may be leaking oil, according to the US Department of Defense. The ship was attacked multiple times by the Houthis in international waters between Yemen and Eritrea last Wednesday. The ship, owned by Greece's Delta Tankers, has ...
  • Guinea bauxite exports on a tear
    Guinea's exports of bauxite, the only minor ore transported by capesize bulkers and an essential mineral for aluminium, have continued their winning streak landing at about 26% shy of last year's total. Bulk bauxite exports from Guinea most of which head to China from the ports of Kamsar, Boffa, Cap Verga, and Conakry reached a ...
  • Kalleklev details alternative future paths for Avance Gas
    Announcing record interims today, Øystein Kalleklev, the CEO of Avance Gas, gave investors an idea of what he and his team might do with the remainder of the fleet, now shorn of 12 VLGCs following one of this month's biggest shipping transactions. John Fredriksen-controlled Avance Gas agreed to sell its entire very large gas carrier ...
  • Island Offshore orders second hybrid ocean energy construction vessel
    Fincantieri's Norwegian subsidiary, Vard, has won a new contract from Island Offshore for the design and construction of a second hybrid-powered ocean energy construction vessel (OECV). In May, Island Offshore and Vard signed a contract for one firm OECVs, to be named Island Evolution, with an option for two sister vessels. This new contract confirms ...
  • First in planned series of strikes kicks off at South Korea's major shipyards
    Unionised workers at busy shipbuilders in South Korea downed tools today, in a first round of strikes that will likely continue next month. Labour unions, consisting of eight shipyard chapters, launched a two-to-five-hour joint partial strike at yards including HD Hyundai Heavy Industries, HD Hyundai Samho and Hanwha Ocean after failing to reach a wage ...
  • Petrobras and TGS enter R&D partnership in Brazil
    Oslo-listed seismic data specialist TGS and Brazilian state-owned oil and gas giant Petrobras have signed a memorandum of understanding (MoU) to collaborate on scientific research and technological development activities in Brazil. This partnership will leverage the expertise and resources of both parties to drive innovation in the energy sector. Petrobras and TGS will primarily work ...
  • Prosafe inks flotel contract with Ithaca Energy in the UK North Sea
    Offshore accommodation vessel specialist Prosafe has firmed up a deal to support Ithaca Energy's work in the UK North Sea. The Oslo-listed owner and operator of six accommodation units and one tender support vessel received a letter of intent from Ithaca Energy for the charter of the Safe Caledonia back in July. According to the ...
  • Apeejay Shipping adds its second vessel of the year
    India's Apeejay Shipping has emerged as the taker of a ship sold by China's Rewood Ocean Shipping Co (ROSCO), tabling an undisclosed amount for the 2005-built ROSCO Ginkgo, a Japanese-built, 75,000 dwt bulker. This marks Apeejay's second purchase since May. Four months ago it added a three-year-old kamsarmax named ASL Uranus. While the eight-ship strong ...
  • Kotug wins work on Eni's Congo LNG project
    Offshore towage specialist Kotug International has been awarded a contract by Italian energy firm Eni to deliver critical marine services for the Congo LNG project. The project, situated off the Republic of Congo, includes the Tango FLNG and the Excalibur FSU, with a second FLNG currently under construction. The project's first phase involves the nearshore ...
  • Palau suspends registration of three Russian-linked gas carriers sanctioned by the US
    The Palau International Ship Registry has suspended the registration of three LNG carriers recently sanctioned by the US. The Asya Energy, Everest Energy and Pioneer were among seven gas carriers sanctioned by the US Treasury's Office of Foreign Assets Control (OFAC) last Friday. Talks of Russia potentially amassing a shadow fleet of LNG carriers started earlier this ...
  • New wave of boxship orders elbows out tankers and dry bulk from top yards
    The remarkable resurgence in containership ordering at yards in East Asia over the summer has pushed delivery dates for most other ship types towards the end of the decade new analysis from sister title, Splash Extra, reveals today. June, July and August have seen near record levels of containerships contracted, principally in China. June was ...
  • Indian ports strike averted
    A planned strike at many Indian ports was averted yesterday with hours to go until the industrial action was due to commence. Government officials and representatives of the Federation of Indian Workers' Union agreed to defer the strike as they moved closer to an agreement over pay and pension benefits. "The nationwide indefinite strike called ...
  • Renewed containership ordering rush snatches slots
    The remarkable resurgence in containership ordering at yards in East Asia over the summer has pushed delivery dates for most other ship types towards the end of the decade. June, July and August have seen near record levels of containerships contracted, principally in China. June was the second highest ever, according to Peter Sand, chief ...
  • Bad month for methanol
    It's not been a great month for methanol in the future fuel race. To give it an Olympics flavour, the favourite has stumbled over a hurdle or two. Danish utility Ørsted abandoned its pioneering e-methanol project under construction in northern Sweden, blaming poor market growth and difficulty in securing long-term off-take contracts. Ørsted assumed full ...
  • August 2024 Review
    The Houthi campaign against merchant shipping in the Red Sea and the Gulf of Aden showed no sign of abating, with the militant group celebrating some big hits, most notably the laden Sounion, a suezmax attacked multiple times last Wednesday, which now risks becoming the worst tanker spill of the 21st century. The ship, owned ...
  • Take the tanker long view
    The VLCC freight market slipped to an average of $29,800 a day for the first three weeks of August, adding to a three-month downturn from a peak of $48,000 a day average in May. The average for August over 2015-2023 is only $8,500 a day, so rates this month are nothing to be ashamed of, ...
  • Have a break, have a capesize
    Bulk carrier freight markets in August continued their five-month flatline with the Baltic Dry Index averaging 1,688 points so far after a four-month streak of 1,731; 1,895; 1,922 and 1,925. A finely balanced market is largely failing to respond to macro influences such as China's repeated attempts to apply economic defibrillators to its myocardially infarcted ...
  • Container shipping readies for bumpy months ahead
    Peak season is with us and US retailers have been filing the shelves with more than usual alacrity before the Canadian rail strike, as well as anticipated trade tariffs, and anticipated east coast terminal strike action, and before further likely cuts in interest rates will hopefully support consumer spending in Q4. Los Angeles and Long ...
  • Analyst Abstract
    Dry Bulk Cape rates remain resilient as China boosts iron ore imports to offset declining domestic mined production. Cape rates remain buoyant despite Chinese steel being in a malaise. Steel production in July dropped by 9% year-on-year reaching 82.9m tonnes according to the National Bureau of Statistics, the lowest figure reported in 2024. Generally, Chinese ...
  • Subdued sales in August
    Sale and purchase activity for dry bulk carriers remains "relatively subdued" Gibson noted in its most recent weekly report with many protagonists either on holiday or otherwise unwilling to act, preferring to wait and see what post-summer developments occur in the market. Bulker S&P activity fell in August with just 22 sales reported so far ...
  • Is offshore wind unwinding?
    A mix of supply chain issues, long permitting procedures, political uncertainty, and even several incidents within a short period could all point to the offshore wind sector lifting its foot off the gas pedal. But is it really so? On the surface, the United States may be one of the countries where offshore wind has ...
  • How to keep up with the global digital transition
    The maritime industry runs on data. Yet, it has been slower to adapt to the digital transition than other sectors. Instead, many still rely on early-phase digital solutions with outdated operating systems that fail to deliver the full potential of the digital era when it comes to accessing, utilising, and sharing this data, says Ilari ...
  • Are marine casualties on the rise?
    'Ship completes voyage without incident' is hardly the maritime headline which will get you clicking on a story when Daily Splash hits your inbox. Inevitably, it's when things go wrong that shipping gets attention, particularly from the mainstream media. "If it bleeds, it leads" is a quote attributed to the media mogul William Randolph Hearst, ...

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Lloyd's List web site
AUGUST 28, 2024
  • Houthis say they will allow for Sounion to be towed
    A Houthi spokesperson said the militants will allow salvors to tow the Greek oil tanker Sounion, which has been on...
  • Rising Atlantic crude supply challenges Opec+ plan to ease cuts
    The geography of the crude tanker export trades continues to shift toward the Americas at the expense of the Middle...
  • Nobody taking responsibility for potential Sounion oil spill costs
    'Tsavliris is not going to be sending a tug down there, because who is going to be paying for it?'...
  • Container ordering spree continues, increasing overcapacity fears
    The previous four-year contracting record between 2004-2007 has already been surpassed by 2021-2024, with 1.6m teu ordered so far this...
  • What does Avance Gas do with all that money?
    Avance Gas boss Oystein Kalleklev says proceeds from the sale will be returned to shareholders either way
  • Ageing containership feeder fleet to benefit MPC Container Ships
    Investment in smaller containerships is falling behind, says MPC Container Ships chief executive Constantin Baack
  • Nauru rejects flag hoppers amid US crackdown on sanction-busting shipowners
    Nauru among the latest registries targeted as shipowners go flag shopping among smaller registries
  • LNG and biofuels could shoulder 90% of FuelEU compliance, new report says
    Biofuel and LNG bunkering will be the main compliance options in relation to FuelEU Maritime rules in 2025, according to...
  • Silverstream passes 200 orders mark with LNG carrier deal
    The London-based company has an orderbook of systems for 57 LNG carriers and has 82 in operation on board the...
  • Royal Caribbean gives shot in the arm to Meyer Turku with potential three-ship order
    'This is great news for Finland. Royal Caribbean Group's long-term partnership will continue to have a positive impact on our...
  • Indian port workers call off strike after wage deal signed
    An 8.5% salary increase was agreed during Tuesday's negotiations
  • Slimmed-down Avance Gas to pay $103m dividend
    Avance Gas will pay out a big dividend as it basks in the sale of its final 12 very large...
  • Market rebound helps Jinhui return to profitability in first half
    The strong uptrend in rates was exacerbated by limited vessel supply, especially in the minor bulks trade, Jinhui said
  • Golden Ocean betting on capesizes amid possible tonne-mile tripling
    The company is taking advantage of a healthy capesize TCE rates and believes its fuel efficient fleet means it will...
  • Pentagon warns of Red Sea tanker Sounion's potential oil leak, risking 'environmental catastrophe'
    The Pentagon official also mentioned a third-party intervention had been obstructed by the Houthis, refraining from disclosing any current actions...
  • Daily Briefing
    Brit's Keel Consortium has 100% line on Red Sea blaze suezmax | Tankers and bulk carriers still run Red Sea...

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The Journal of Commerce web site
AUGUST 28, 2024
  • California clean air rules imperil potential LA-LB port relief valve
    State environmental regulations could derail, or at the very least stall, a BNSF rail project promising to reduce pressure on Southern California ports.
  • FMC upholds shipper retaliation ruling against Hamburg Sud
    The US maritime regulator said the ocean carrier did not simply have a contractual dispute with a shipper but instead clearly violated the US Shipping Act.
  • Container shipping market continues to be reset by ongoing Red Sea crisis
    The longer the bigger and more established carriers divert away from the Suez, the more we will see niche carriers solidify not only their financial position but also their customer relations in the region, writes analyst Lars Jensen.
  • Canadian truck rates remain elevated following rail shutdown
    It may take a week or more for the trucking disruption caused by last week's brief Canadian rail stoppage to stabilize and for long-haul intra-Canada spot rates to drop.

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TradeWinds web site
AUGUST 28, 2024
  • Cleantech scale-ups build presence in China as energy efficiency interest climbs
    The makers' list is where cleantech scale-up solutions need to be to gain visibility with shipowners
  • Coast Guard accuses former Ocean Ships engineer of sexual assault
    Seafarer who worked on Military Sealift Command vessel denies charges
  • EU Naval Forces says Delta tanker is not spilling oil, but photos show vessel still aflame
    EUNAVFOR does not play down risk of a Red Sea catastrophe
  • Vessel leasing giant puts focus into methanol-to-hydrogen technology
    Maritime Partners' acquisition of generator tech start-up e1 Marine covers more marine applications
  • LNG carrier newbuilding price drop looks like 'wishful thinking'
    DNV gas carrier director expects to see a steady stream of ordering over next five to 10 years
  • Oil spill fears spark fresh calls for Houthi rebels to end 'illegal and cowardly' ship attacks
    IMO head warns of high risk of oil leak from stricken Sounion
  • 'Cash or shares': Avance Gas promises investors will bank its stake in BW LPG after $1bn deal
    CEO Oystein Kalleklev pledges to make sure full value of rival's stock finds its way to its own shareholders
  • Why supramax bulker owners can enjoy an unusual premium over panamax rivals
    Congestion is playing a big role as grain cargoes come thick and fast
  • Oil spill from Houthi-hit tanker could land insurers with $600m plus bill
    War risk cover and reinsurers likely to take a financial hit from costs of major oil disaster
  • The Great Wave of Dividends: Avance Gas employs iconic Japanese art as investors wait on fleet sale payout
    Dollars set to flow to shareholders after 16 VLGC disposals in 2024
  • Cash-rich shipowners pump money into cleantech ventures
    Shipping-backed venture capital funds and individual shipowners are driving innovation to speed up transition
  • Why supramax bulker owners can enjoy an unusual premium over rivals with panamaxes right now
    Congestion is playing a big role as grain cargoes come thick and fast
  • Hapag-Lloyd pushes 30-vessel newbuilding tender ahead with shipyard shortlist
    Shipbuilders pile in for mix of tonnage sizes as liner newbuilding wave rolls on
  • Sonatrach tanker braves Lebanon run with vital fuel cargo as conflict escalates
    Algerian group says product tanker arrived in Tripoli on Tuesday to help combat power outages
  • Shipping offers a shining light at trader Gunvor as profit slashed
    Swiss trader and charterer reveals half-year result hit by normalising markets
  • Geopolitical conflict helps drive huge buying interest in veteran bulk carriers
    War insurance premiums in the Red Sea have reached 1% of the vessel's value, so older vessels make sense
  • 'Wave of new oil supply' could spur storage surge for tankers, Gibson says
    UK shipbroker argues producers exceeding quotas could have an effect by next year
  • China's Nantong Xiangyu takes over compatriot shipyard to expand capacity
    Former Jiangsu Hongqiang facility gives shipbuilder the capacity to build ships up to 100,000 dwt
  • 'Norway must step up': How new NSA chief will tackle geopolitical strife and green transition
    Owners need the same conditions as in Europe to remain competitive, Knut Arlid Hareide says
  • Harry Vafias' Imperial Petroleum sitting on $190m pile of cash with an appetite to grow
    Greek owner has no dent and has been riding a strong product tanker market
  • BP Shipping chartered fleet grows as full-year profit rings in at $250m
    Revenue increases at UK oil major's chartering & management division
  • Geopolitical conflict helps drive huge buying interest in veteran bulker carriers
    War insurance premiums in the Red Sea have reached 1% of the vessel's value, so older vessels make sense
  • Sanctioned LNG shadow ship trio suspended by Palau registry
    Hearings will determine if vessel registrations will be reinstated or revoked
  • MPC Container Ships continues vessel sales as it hikes full-year profit forecast
    Tonnage provider raises financial guidance on back of $1.1bn charter backlog
  • John Fredriksen's Edda Wind sees 'favourable demand' as new vessels hit the water
    CEO remains 'highly optimistic on the market outlook'
  • Purus Marine linked to second newbuilding order in two weeks with $148m Hyundai deal
    UK shipowner has six MGCs on order at HD Hyundai Mipo Dockyard
  • Coast Guard goes after seafarer's licence over past child sexual assault conviction
    Agency pursues case after reaching settlement with second seafarer over abuse of a minor
  • Golden Ocean sells panamax bulker at a profit as earnings soar in strengthening market
    Interim boss Peder Simonsen says company continues to opportunistically take charter coverage
  • Island Offshore orders second hybrid ocean energy construction vessel from Vard
    Pair will be delivered in first quarter of 2027
  • 'Potential catastrophe': Burning Greek tanker 'appears to be leaking oil' after Houthi attack
    Delta Tankers suezmax remains on fire after Houthi attack last week
  • John Fredriksen's Avance Gas mulls ammonia M&A after $1bn VLGC fleet sale
    Oslo-listed company may 'actively engage' with other owners on smaller gas ships after fleet sale to BW LPG
  • Jinhui back in black as second-quarter freight rates surge
    Owner expects freight market to remain 'robust' for rest of the year
  • Trafigura: Shipowners and charterers will boost investment in lower-carbon fuels as new law kicks in
    Similar regulations, applied globally, would boost uptake of green fuels, wet freight chief Andrea Olivi says
  • China's Nantong Xiangyu takes over compatriot shipyard to expand capacity
    Former Jiangsu Hongqiang facility gives Nantong-based shipbuilder the capacity to build ships up to 100,000-dwt
  • Spectacular profit and M&A tips: How $3bn DNB fund manager is playing his shipping chips
    Fund holds Frontline, Hafnia, Torm, Golden Ocean and Star Bulk Carriers
  • Swire sustainability guru Simon Bennett takes on new advisory role with Indian ship recycler
    Pioneering veteran of green shipping turns attention to vessel demolition with Priya Blue Industries
  • Shelves more profitable than ships for Robert Kuok's Maybulk
    Shipowner has no plans to rebuild its bulker fleet as it prefers to diversify into other areas
  • Environmental groups take European Commission to court over green labelling of LNG-fuelled ships
    Lobby groups argue that taxonomy definitions are leading investors to back polluting vessels

››› 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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