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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
01:20 GMT+2
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January 30, 2024

free news
Exim India web site
JANUARY 30, 2024
  • Alarm raised on global trade disruptions, crises affecting key routes
  • Customs 2.0 on the anvil: Revenue Secy
  • Nagarkot Forwarders receives Certificate of Appreciation from Mumbai Customs on occasion of International Customs Day
  • HPL and Haldia Port reaffirm commitment amidst challenges
  • FIEO's pre-Budget proposal for 2024-25, by President (Officiate) Israr Ahmed, also calls for developing a global Indian shipping line
  • Chennai Port handles all-time record cargo in a single day
  • MSC adapts its East-West network to the situation in the Red Sea
  • Mutual Recognition Agreements with 10 countries in the offing
  • India's economy seen growing rapidly in 2024: Survey
  • DBGT ends 2023 with enthusiasm
  • Noatum launches new logistics brand in the Middle East
  • India the largest petcoke importer
  • ZIM launches ZPX independent service connecting Asia, Canada & the US via Vancouver gateway
  • DP World launches global platform as part of $35 million investment in education
  • COSCO SHIPPING (Europe) joint venture acquires leading Italian integrated logistics company

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International Transport Journal web site
JANUARY 30, 2024
  • It takes two to tango
  • Four weekly roundtrips to Rotterdam
  • Haropa stayed on target in 2023
  • Changi takes stock
  • Automating paperless customs handling
  • Container flows better than expected
  • An active year for Bertschi
  • Changes at Chep
  • Piloting wholesales to a new level
  • Truckport opened in Houston
  • A rebranding in the Middle East
  • Iloilo, Philippines, before the great leap
  • Roman Fürtig follows Stefan Kunze
  • "Curiosity of the Day"
  • A Euro Dual to expand construction site logistics
  • Cargo volumes rise for the third year in a row
  • Facilitating China-Europe e-commerce
  • Daher picks two new managers
  • ONE opts for ammonia

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The Loadstar web site
JANUARY 29, 2024
  • Angry importers hit by delivery delays and rising costs, but rates are softening
  • Superdry looks to cut logistics costs amid 'unprecedented challenges'
  • DP World offers UK shippers £100 per box as modal shift incentive
  • Flying high with DHL
  • Rates boom and alliance shake-up strengthen objections to HMM sale
  • Yield decline wreaks havoc on cargo earnings of big three US airlines
  • DP World under the spotlight - the rat race down under
  • India-US perishables trade soars as 'political' tariffs are lifted
  • Order for ammonia-fuelled box ship a vote of confidence from ONE
  • OceanX: Viva España; rates zenith; Gemini partnership triggers memories
  • EU emissions reporting delay is 'kicking the can down the road'
  • Leo Teplitskiy new director of key cargo accounts Americas at Chapman Freeborn
  • Air cargo community mourns NY leader Dan Muscatello

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Marine Log web site
JANUARY 29, 2024
  • CBP ruling clears way for Mexican LNG exports from Altamira Fast FLNG to Puerto Rico
    U.S. Customs and Border Protection (CBP) rulings on Jones Act compliance are always controversial, but New York, N.Y., headquartered New Fortress Energy Inc. (NASDAQ: NFE) has welcomed a CBP ruling confirming that
  • Saltchuk makes a new offer for OSG
    Privately held, Seattle-headquartered Saltchuk Resources Inc. has made a new offer to acquire NYSE-listed tanker and ATB operator Overseas Shipholding Group Inc. (OSG). Saltchuk, which is OSG's largest shareholder, made an earlier

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Container News web site
JANUARY 29, 2024
  • Associated British Ports commences works on Millbay Docks revitalisation project
    Associated British Ports (ABP), the largest port operator in the United Kingdom, launched the initial phase of the Millbay Docks transformation within the Port of Plymouth. This marks the commencement of projects funded by the UK Government as part of the Plymouth and South Devon Freeport seed capital programme. "The start of this development, made possible by government funding for Plymouth and
  • Port of Antwerp now handles 16-meter draft boxships
    After three years of efforts to prepare the Antwerp port for container ships with a 16-meter draft, the Belgian port is now ready to welcome the largest vessels during its regular operations. The successful completion of six test voyages, culminating in MSC Raya's passage in the Deurganck dock on November 10, 2023, paved the way for this achievement. MSC Aurora made history as the first container
  • PIL first to fully integrate with SGTraDex, partnering with KPI OceanConnect
    Pacific International Lines (PIL) has achieved a significant milestone by completing full integration with the Singapore Trade Data Exchange (SGTraDex) platform. In collaboration with KPI OceanConnect, this accomplishment marks a transformative leap toward global digitization in PIL's maritime operations. The integration, initiated in early 2023 and finalized in December of the same year, empower
  • Noatum launches new logistics brand in Middle East
    AD Ports Group's Noatum has launched Noatum Logistics Middle East, the company's new brand in the Middle East region. The new brand takes over from MICCO Logistics, which has served the Abu Dhabi and the GCC markets with distinction for over four decades, and which has been the freight forwarding arm of AD Ports Group's Logistics Cluster since the company's acquisition in 2020. With strong ties t
  • Maersk appoints new regional president for North America
    A.P. Moller - Maersk has announced the appointment of Charles van der Steene as the new regional president for North America, effective from 1 February. With the move, van der Steene will join the company's executive leadership team. A logistics industry veteran, van der Steene joined Maersk in 2011 with global experience in commercial leadership, operations, and general management. He previously
  • ONE receives approval for ammonia dual-fuel vessel
    Ocean Network Express (ONE) announced that it has received Approval in Principle (AiP) for a vessel equipped with Ammonia Dual-fuel technology. This achievement, combined with ONE's investment in 12 methanol dual-fueled vessels, represents a significant stride in ONE's commitment to achieving net-zero emissions by 2050, according to the company's statement. The newly AiP-awarded 3,500 TEU vessel
  • Yang Ming not tempted to charter ships amid Red Sea crisis
    Taiwanese liner operator Yang Ming Marine Transport will not follow its peers and charter in more ships to capitalise on the Red Sea crisis. Speaking at a seminar organised by Chung-Hwa Institution for Economic Research on 24 January, Yang Ming chairman Cheng Cheng-mount said, "There is still a tonnage overhang, but the Red Sea crisis that has caused many ships to detour round the Cape of Good Ho
  • MSC strengthens its Europe - South Africa network
    Aiming to improve its Europe - South Africa network, MSC has announced the enhancement of its NWC to South Africa Service, effective from March, and the launch of a new feeder service in the area. The current rotation of the NWC to South Africa Service will see a significant improvement with the addition of a direct call at the port of Bremerhaven in Germany. This change will increase flexibility
  • CN analysis: Container freight rates out of India continue to soar amid Red Sea crisis
    The boost in container freight rates seen on trades out of India as a consequence of the Red Sea crisis has accelerated in recent weeks, according to the latest market analysis by Container News . On the westbound India-Europe trade, average short-term contract rates from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) have soared to US$3,600
  • ABB expands marine software portfolio with acquisition of weather routing firm
    ABB, a technology company in electrification and automation, has announced a strategic agreement to acquire the shipping business of DTN Europe BV and DTN Philippines Inc., known as DTN Shipping. This move is set to position ABB as a key player in ship route optimization, enhancing its capabilities in maritime software. The acquisition encompasses vessel routing software, including analytics, rep

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Splash web site
JANUARY 29, 2024
  • Golden Energy Offshore clinches North Sea PSV contracts
    Oaktree-backed Norwegian owner Golden Energy Offshore Services (GEOS) has secured contracts from an oil major for two of its platform supply vessels. The Oslo-listed, Alesund-based company has fixed the 2015-built Energy Paradise for six months and the 2016-built Energy Passion for one year to work in the North Sea. The contracts for both ships acquired ...
  • Saltchuk in second attempt to take OSG private
    Saltchuk has revived its interest in Overseas Shipholding Group (OSG) after dropping its pursuit of the Tampa-based company in September 2021. The Seattle-based owner of TOTE and Foss has returned to the New York-listed operator of Jones Act tankers and oil tug barges with a non-binding offer to buy all its outstanding shares for $6.25 ...
  • Japanese reveal plans to slash emissions from oil imports
    Four Japanese players have joined forces to design and build a low-carbon emission very large crude carrier (VLCC). Idemitsu Tanker, the shipping affiliate of Japan's second-biggest oil refiner, Idemitsu Kosan, has formed a consortium with fellow shipping lines Iino and NYK and builder Nippon Shipyard with the goal of slashing greenhouse gas emissions in a ...
  • Panagiotidis family member picks up Castor bulker pair
    Cyprus-based owner Castor Maritime has sold two of its 2010-built panamax bulk carriers to family members of its chairman and CEO, Petros Panagiotidis. The Nasdaq-listed outfit is shipping out the 78,800 dwt Magic Nova for $16.1m and the 76,600 dwt Magic Horizon for $15.8m after buying the vessels for a reported $13.86m and $12.75m, respectively, ...
  • European Energy gives up on two wind projects offshore Denmark
    Danish renewables company European Energy has decided to drop plans regarding the development of its Omø Syd (Omø South) offshore wind project. The company has been developing the project for ten years and had the EIA approved back in 2020. However, the Danish government at the time was preparing to designate the area as a ...
  • Prosafe flotel set for longer stay in US Gulf of Mexico
    Semisub accommodation vessel owner Prosafe has won an extension for the charter of its flotel Safe Concordia. The company won the contract for the vessel back in October 2022 with an undisclosed US Gulf of Mexico major. The initial deal for the 2005-built unit entailed accommodation and construction support services for 330 days with up ...
  • Over $350bn in pre-FID offshore wind projects at risk
    Nearly 40% of the 380GW pre-sanctioned offshore wind pipeline forecast to reach FID between 2024 and 2030 is considered under risk, a new analysis by Westwood claimed. In its recent Project Certainty White Paper, the analysis revealed that developers such as TotalEnergies and BP have the highest risk profiles, with substantial pipelines but limited or ...
  • UK funds design of first low-carbon floating wind installation vessel
    The UK Government has awarded funding to a Morek Engineering-led consortium to design a new class of low-carbon installation vessels for the floating offshore wind market. The consortium - which includes Morek Engineering, Solis Marine Engineering, Tope Ocean, First Marine Solutions and Celtic Sea Power - won the funding through the Clean Maritime Demonstration Competition. ...
  • Tonne-miles leap as shipping battles peak disruption
    Shipping is facing peak disruption at present as it takes evasive action in the Red and Black Seas as well as shunning the parched Panama Canal. The average haul of global seaborne trade increased last year from 4,943 to 5,036 miles, the third largest annual increase this century and six times times the average, new ...
  • Evergrande to be liquidated
    Troubled property developer China Evergrande Group has been ordered to liquidate by a Hong Kong court on Monday due to its inability to convince the court of a viable plan to restructure its debt. Evergrande, now considered the most indebted property developer in the world with around $300bn of debt, was told by Judge Linda ...
  • Strike averted at Equinor platform in UK North Sea
    A strike action at Equinor's Mariner platform in the UK North Sea has been averted after over 100 offshore drillers employed by Odfjell Technology secured a new working rotation, bringing the dispute to an end. Unite, Scotland's leading offshore trade union, said its members voted overwhelmingly in favour of an improved offer by Odfjell, calling ...
  • Former Tsakos tanker reflags to Gabon
    Last week Nikolas Tsakos-controlled Tsakos Energy Navigation (TEN) put out a release that it had offloaded a debt-free elderly suezmax for $40m, the 2005-built Eurochampion 2004, to an unnamed buyer. Now, the ice-classed tanker has emerged with its new name, Mianzimu, named after a mountain in southern China. The ship, entering the English Channel today, ...
  • Østensjø Rederi wins multiple vessel contracts as it ships out ageing MPSV
    Norwegian offshore shipowner and operator Østensjø Rederi has revealed various new contract awards for its fleet and the sale of a twenty-two-year-old multipurpose support vessel. The Kristian Helland Vea-led company has bagged contracts worth more than NOK2bn ($191.5m) for the subsea vessels Edda Fauna, Edda Sphynx and Edda Savanah, and flotel Edda Fides. Contract length ...
  • Zhoulian Shipping contracts up to four kamsarmax newbuilds
    Low profile Chinese owner Zhoulian Shipping has booked up to four kamsarmax bulk carriers for construction at Yangzhou Wanlong Shipbuilding. The order covers two firm 82,000 dwt vessels for delivery in the third quarter of 2025 and the first quarter of 2026, with options attached for two additional newbuilds. No price was reported, but shipbrokers ...
  • Marinakis linked to VLCC sale
    Greece's Capital Maritime and Trading is reportedly offloading one of its five very large crude carriers as analysts project orders in this segment to significantly pick up this year. Multiple brokers are reporting Evangelos Marinakis-controlled owner fetching $80m for the 2014 Shanghai Waigaoqiao Shipbuilding-built 320,900 dwt , corresponding to today's prices for similar tonnage. The ...
  • Euronav orders ammonia-ready VLCC
    Belgian tanker giant Euronav has returned to Qingdao Beihai Shipbuilding for more VLCC newbuilds. The Saverys family-controlled company has signed for one 319,000 dwt ammonia-ready unit at the CSSC yard for delivery in April 2027, according to Clarksons. The deal that lifts Euronav's VLCC orderbook at Beihai to four comes with options for two more ...
  • VLCC newbuild slots for 2027 sell out in China and South Korea
    Available VLCC berths at the world's top two shipbuilding nations have all but dried up for 2027. Tanker broker Gibson notes that 2027 delivery slots in China are over, with the possible exception of a couple of slots at Shanghai Waigaoqiao Shipbuilding and Dalian Shipbuilding Industry Co, while there are no more than 12 slots ...
  • NYK signs up for very large ammonia carriers
    Broking sources report Japanese shipping line Nippon Yusen Kaisha (NYK) has joined the rush for very large ammonia carrier (VLAC) newbuilds in South Korea. The Tokyo-headquartered behemoth has been placed behind an order for three ships at HD Hyundai's shipyard in the southeastern port of Ulsan. The deal worth around $366m will see the vessels ...
  • Viking Supply Ships sells out of PSV segment
    Christen Sveaas' Viking Supply Ships is selling its ownership stake in two remaining platform supply vessels. The Swedish OSV player has terminated the management agreements for the 2021-built Cooper Viking and Coey Viking and invoked a put option on the shares in the vessels' owning company. The ships were acquired in partnership with funds managed ...
  • Purus adds one more ethane carrier at Hyundai Heavy
    UK shipowner Purus Marine has expanded its fleet of 98,000 cu m very large ethane carriers (VLEC) to three vessels, with the order of an additional vessel from Hyundai Heavy Industries (HHI) in South Korea. The vessel, costing $172m, will feature dual-fuel ethane engines and will deliver in 2027 directly into a long-term time charter. ...
  • British owner prototypes new wind tech
    GT Green Technologies, in collaboration with Carisbrooke Shipping and the University of Bristol, is ready to install one of its AirWings on a ship in the UK following significant funding from the government. A 20 m high AirWing will be installed on a Carisbrooke general cargo vessel, which will ply a set route across the ...
  • ONE moves ahead with ammonia-powered boxship project
    Japanese containerline Ocean Network Express (ONE) is closing in on industry-first orders for ammonia-powered newbuilds. The Jeremy Nixon-led liner has just been awarded an approval in principle (AiP) for an ammonia dual-fuelled vessel, following quickly after signing orders for its first raft of methanol dual-fuelled vessels. The 3,500 teu vessel design was jointly developed by ...

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Lloyd's List web site
JANUARY 29, 2024
  • Charterers reassess Red Sea risk in light of Marlin Luanda attack
    According to Lloyd's List Intelligence vessel-tracking data, yesterday saw the lowest vessel activity in the Red Sea since shipowners and...
  • Saltchuk renews interest in Overseas Shipholding Group with $357m cash offer
    Saltchuk has submitted a non-binding indication of interest in acquiring all outstanding shares of Jones Act and US-flag operator Overseas...
  • More off-spec marine gasoil detected in Singapore in 2023: VPS
    Off-spec MGO tests increased sharply in 2023 in the world's biggest bunkering hub Singapore, while off-spec VLSFO blends remained more...
  • Carrier reliability remains below pre-pandemic levels
    December diversions dragged down figures for 2023, with more delays likely in the short term. Maersk remains most reliable carrier...
  • Lloyd's List Intelligence and Vortexa in strategic partnership
    Maritime insight and data specialist Lloyd's List Intelligence and commodities and data analytics provider Vortexa announce strategic tie-up on future...
  • EU allies with ports for war on drug smuggling
    Drug seizures at European ports continue to rise. The European Commission has now launched a new programme to bring private...
  • The week in charts: Seafarer abandonment cases up 10% | Almost all ultra-large box tonnage sailing round Cape of Good Hope | Emergence of mysterious new Chinese carrier
    Nearly 1,700 seafarers abandoned in 132 cases reported to the International Labour Organization last year, while a China-controlled carrier looks...
  • Nakilat posts record 2023 profit
    Nakilat aims to expand its fleet to 79 vessels with the addition of six newbuilds by around 2027
  • Red Sea disruptions boost Zim outlook
    Attacks on shipping in the Red Sea may be affecting supply chains, but carriers are doing well from the disruptions...
  • ONE gets class approval for ammonia-fuelled boxship
    ONE has already invested in 12 methanol dual-fuelled vessels. The company set a target of net zero by 2050
  • Japanese consortium formed to develop lower-emission VLCC
    Four Japanese companies formed a consortium to develop a VLCC with a target of 40% lower emissions
  • Daily Briefing
    Sanctioned ships briefly find a new home as Eswatini enters the flagging business | War risk market split on covering...

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The Journal of Commerce web site
JANUARY 29, 2024
  • AI is impacting logistics at a faster pace, but in the background
    Artificial intelligence is quickly being integrated into everyday logistics and shipping processes such as truck check-ins, rate quotes and freight payment.
  • Share of China imports to US dipped below 40% last year amid sourcing shift
    China commanded 47% of the inbound container volumes to the US as recently as 2018, but rising geopolitical tensions between Beijing and Washington and a post-COVID shift in manufacturing momentum to Southeast Asia have cut into China's dominance.
  • Rising costs, lack of infrastructure stymieing US wind buildout
    Hurdles slowing the US wind buildout are very real, and the Biden administration's goal of 30 GW of offshore wind by 2030 appears increasingly unrealistic.
  • ONE secures approval for design of ammonia-fueled container ship
    Ammonia is in its very early stages as a potential marine fuel, with regulations pertaining to complex safety and operational issues still being developed at the IMO.

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TradeWinds web site
JANUARY 29, 2024
  • Still insulted? Investor J Mintzmyer tells what he thinks of latest OSG takeover offer
    Researcher no longer holds a stake in the US tanker owner, but that doesn't mean he lacks an opinion
  • Video: Foremost Group bulker collides with bridge in Argentina, snarling traffic
    Bulker En May reported to have suffered rudder problem before incident
  • Officials greenlight non-US ships for FLNG unit, New Fortress Energy says
    But as yet no sign of production from Mexico-based facility
  • Missile-damaged Greek bulker limps home after Houthi attack
    Following initial tinkering at the Suez Canal, supramax Zografia heads to Greece for more permanent repairs
  • Crackdown on noisy ships could save marine mammals - and money
    Existing guidance on reducing underwater radiated noise from shipping is to be revamped with new measures
  • Panagiotidis family member snaps up two bulkers from Castor Maritime
    US-listed owner reduces fleet to 12 vessels with latest sale of panamaxes
  • Regulators to turn up the volume on underwater ship noise
    Existing guidance on reducing underwater radiated noise from shipping is to be revamped with new measures
  • Saltchuk Resources renews bid to take over OSG with $452m deal
    Florida-based US flag player 'carefully considering and evaluating' offer from 21% shareholder
  • Cash-rich shipowners are shun capital markets as public raises sink to decade low
    Clarksons Securities' Erik Helberg breaks down the state of play in global capital markets for shipping and offshore
  • Frangou's Navios leads the way as Greek vintage bulker selloff rolls on
    The Angeliki Frangou-controlled company will have sold 24 ships since the summer if the latest deal is confirmed
  • Private Saltchuk Resources renews takeover bid for Overseas Shipholding Group with $452m deal
    Florida-based US flag player 'carefully considering and evaluating' offer from 21% shareholder
  • Crude tanker owners pin their hopes on Red Sea rerouting as rates limp along
    Oil is still moving through the troubled waterway, but owners believe that may change, says Clarksons
  • Frangou's Navios leads the way as Greek vintage bulker sell-off rolls on
    The Angeliki Frangou-controlled company has now sold off 24 ships since the summer if the latest deal is confirmed
  • Brazil a bright spot for VLCCs and suezmaxes as crude shipments keep rising, broker says
    Poten & Partners believes big tanker sizes will continue to benefit from president Lula Da Silva's production ambitions
  • Digital fraudsters are in your inbox, warns professional indemnity mutual ITIC
    Invoice fraud remains a major source of claims for the insurer of shipping professionals
  • Houthis turning Israeli liner giant Zim into 'cash machine'
    NYSE-listed carrier upgraded as its financial fortunes are reversed by the Red Sea crisis
  • Cash-rich shipowners shun capital markets as public raises sink to decade low
    Clarksons Securities' Erik Helberg breaks down the state of play in global capital markets for shipping and offshore
  • Shipowner NYK signs $300m sustainability loan to fund green fuel transition
    Deal involves 21 Japanese and non-Japanese financial institutions led by MUFG banking group
  • Pirates switch focus from ships to fishing boats in the Indian Ocean
    Indian and Sri Lankan navies thwart attempted piracy attempts by suspected Somali intruders
  • LR2 rates to surge past $220,000? Clarksons says freight costs will provide a ceiling
    Analysts say earnings have further to climb if Red Sea attacks persuade more owners to reroute vessels
  • Adnoc L&S on hunt for up to $3bn worth of gas carrier newbuildings
    Abu Dhabi-based owner floats tender seeking slots for 10 LNG carriers and four VLAC newbuildings
  • 'Game-changing' Red Sea conflict could soak up container ship newbuilding deliveries
    Analysts believe the market is pricing in longer vessel voyages for eight months
  • Chinese shipowners hunt down VLCCs as NYK strikes $44m sale
    Series of vintage big tankers sold this month have been linked to China
  • ONE bucks liner sector's love affair with methanol as it gets approval for ammonia dual-fuel design
    Asian liner giant one of a small number of industry peers to take a bet on ammonia as well as more popular methanol
  • Purus Marine bumps up VLEC newbuilding tally at Hyundai Heavy Industries
    UK owner now has three on-order ethane carrier newbuildings fixed against charter deals
  • Excelerate Energy partners with QatarEnergy on LNG for Bangladesh
    US provider extends its supply portfolio with new 1-mtpa deal stretching out to 2040
  • One in three tested ballast water treatment systems has faults, Australia discovers
    Onboard tests revealed poor treatment performance, high chemical concentrations and inaccessible sampling points
  • Ostensjo secures $192m of ship contracts as it sells valuable veteran
    Norwegian owner ties up four vessels on term deals while offloading 2002-built unit after huge price inflation
  • Eastern Pacific snares rare early shipyard slots for tanker and car carrier newbuildings
    Company orders one suezmax and two PCTCs
  • Product tanker rates now so high some traders no longer moving cargoes, Gibsons says
    Something has to give in terms of either freight costs or commodity prices, broker believes
  • Iran seizes tanker and crew as regional tensions close to boiling point
    Small vessel intercepted off Bushehr province on Sunday accused of smuggling
  • Spare $30m to spend? Here's MSI's best ship buy tips for 2024
    Planets are aligned on the tanker side with a supply squeeze set to drive up asset prices
  • Niche Greek lender eyes fresh deals in cut-throat ship finance domestic market
    Aegean Baltic explores new kinds of deals and partnerships amid fat profits and capital buffers
  • Gas shipping giant Nakilat banks $395m profit for 2023 financial year
    Doha-listed company says it not only navigated the challenges faced by the sector, but also achieved sustainable growth
  • Geopolitics help give 3,000bn boost to tonne miles in 2023, says Clarksons
    Average haul of global seaborne trade lengthened from 4,943 to 5,036 miles, the third largest annual increase this century
  • Qatar's Nakilat reveals $395m profit for 2023 financial year
    Company says it not only navigated the challenges faced by the sector, but also achieved sustainable

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American Shipper web site
JANUARY 29, 2024
  • Shipping faces lengthy disruptions as Middle East fallout worsens
    The Russia-Ukraine war led to enduring changes in shipping routes. War in the Middle East looks likely to do the same.
  • Gulf Coast ports see mixed year-over-year results in freight volumes
    Ports in Corpus Christi, Texas, and New Orleans recorded year-over-year increases in cargo volumes, while Port Houston saw a slight decline in 2023.

››› 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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