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28 April 2025 - Year XXIX
Independent journal on economy and transport policy
19:06 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
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
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
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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