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21 January 2025 - Year XXIX
Independent journal on economy and transport policy
11:49 GMT+1
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January 2, 2025

free news
Exim India web site
JANUARY 2, 2025
  • JN Port attains another high, crosses the 7 million TEU mark in CY 2024
  • Vadhvan Port Project Limited awards near-shore reclamation and shore protection contract to ITD Cementation India Ltd.
  • Customs Brokers Licensing Examination, 2025 scheduled for March 18
  • Marked improvement in schedule reliability in November 2024
  • More normalisation seen in LNG shipping in 2025
  • Allcargo Gati elevates Narayanam Sesha Srikanth to Head of Human Resources
  • Shanghai Port creates world container handling record
  • Egypt announces successful trial run of new Suez Canal channel extension
  • CMA CGM PSS for reefers from Chile & Peru to North Europe, the Mediterranean, North Africa, Middle East Gulf & Indian Subcontinent
  • Supply of mooring ropes at Haldia Dock Complex
  • Govt imposes restrictions on low-ash metallurgical coke imports
  • Govt plans to make India Post a profit-making logistics company
  • Indian economy outlook bright, says RBI
  • You Ask We Answer

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International Transport Journal web site
JANUARY 1, 2025
  • Associations united

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Marine Log web site
DECEMBER 31, 2024
  • BC Ferries moves ahead on plan to build five new NMV ferries
    Canada's BC Ferries, which has had its share of problems with some of its oldest vessels, this month formally submitted its plan to build five New Major Vessels (NMVs) to the BC
  • Vigor awarded $55M LCS 10 contract
    Vigor Marine LLC, Portland, Oregon, has been awarded a $55,881,631 firm-fixed-price contract for the FY 2005 Docking Selected Restricted Availability (DSRA) maintenance, modernization, and repair of USS Gabrielle Giffords (LCS 10). The
  • CENTCOM forces strike multiple Houthi targets
    U.S. Central Command (CENTCOM) reports that U.S. forces conducted multiple precision strikes against Iran-backed Houthi targets in Sana'a and coastal locations within Houthi-controlled territory in Yemen, Dec. 30 and 31. On Dec.
  • Detyens wins $18.69M USNS Patuxent contract
    Detyens Shipyards Inc.,North Charleston, S.C., has been awarded an $18,690,259 firm-fixed-price contract (N3220525C4132) for a 131-calendar day shipyard availability for the regular overhaul and drydocking of Military Sealift Command's fleet replenishment oiler
  • Texas Ports Association releases new economic impact study
    Texas ports contribute more than $713.9 billion in economic activity for the state accounting for 28% of Texas' gross domestic product (GDP), further advancing ports as a catalyst for state economic growth

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Container News web site
DECEMBER 31, 2024
  • Trump Intensifies Threats Over Panama Canal Control Amid Concerns Over Chinese Influence and Maritime Security
  • Impact of Israeli Airstrikes on Yemen's Key Maritime Hubs
  • Trailer Axle Repair: How to Spot Damages and Fix Them
    What is the first thing you check on your trailer before peeling off the driveway? For most drivers, this only includes a handful of items like tire pressure, lights, and a quick brake check. While these things are important to ensure your safety on the road, there's one crucial part you might be neglecting-one that could mean the difference between reaching your destination safely and ending up
  • Mastering Crypto Trading Bot Strategies: Boost Your Profits with Automated Trading
    The world of cryptocurrency trading moves at lightning speed, making it challenging for traders to keep up. Enter cryptocurrency trading bots, automated software designed to execute trades based on pre-set criteria. These bots have become essential tools for traders aiming to maximize profits while minimizing manual effort. This post explores top strategies for using trading bots effectively, hel
  • Global liner reliability hits 2024 high in November
    Sea-Intelligence has released issue 160 of its Global Liner Performance (GLP) report, which provides detailed insights into schedule reliability across 34 trade lanes and over 60 carriers. This summary focuses on the global highlights from the report covering data up to November 2024.
  • Mexico increases trade barriers for Chinese imports
    Ocean rates out of Asia overall trended up slightly to end the year, but with the Lunar New Year (LNY) approaching and a range of January GRIs announced for the transpacific, container prices on these lanes could face upward pressure to start 2025. A seasonal decrease in demand starting later in February should see rates ease on the ex-Asia lanes, though Red Sea diversions will keep them elevated
  • Seoul steps in to lighten shippers' burden

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Splash web site
DECEMBER 31, 2024
  • Subsea 7 gets work on Turkish offshore gas field
    Offshore engineering and services player Subsea 7 has won a contract for the inspection, repair, and maintenance services for the Sakarya gas field development in the Black Sea from the Turkish Petroleum Offshore Technology Center. The contract scope includes project management and engineering executed and managed from Subsea 7 offices in Istanbul and Aberdeen. The ...
  • ADES seals second jackup rig deal in Thailand
    Saudi oil and gas driller ADES has secured its second contract in Thailand, marking the fourth redeployment of one of its suspended jackup rigs in the Kingdom. The deal, estimated at about $276m, covers a firm five-year term for the Admarine 503 rig with a three-year extension option attached, the company said in a stock ...

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Lloyd's List web site
DECEMBER 31, 2024
  • How Red Sea crisis 'saved liner shipping' in 2024 and drove billions in profits
    Shipping lines faced a daunting task in 2024: How could they fill the historic number of new ships being delivered...
  • The 20 most-read stories in Lloyd's List 2024
    Houthi attacks on ships, sanctions crackdowns, multi-billion dollar bridge disasters and the clickbait that is Donald Trump all featured in...
  • Maritime leaders recognised in UK New Year Honours
    Seven people in the UK, including three with the Royal National Lifeboat Institute, were recognised
  • Finnish coastguard acts to prevent environmental damage from drifting Russia-trading tanker
    Coastguard says it is taking measures to prevent environmental damage from the drifting Russian tanker Jazz, which is undergoing self-repairs...
  • Bankruptcy declared for Hin Leong founder Lim Oon Kuin and family
    Lim Oon Kuin, founder of collapsed oil trader Hin Leong, and his children have been declared bankrupt amid legal disputes

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The Journal of Commerce web site
DECEMBER 31, 2024
  • ILA, USMX contract talks set for Jan. 7 restart ahead of strike deadline: sources
    While the two sides have come to terms on wages, formal negotiations have stalled since mid-November as the union and maritime employers remain stuck on what provisions the deal will include about port automation.
  • IMCs say railroads handled peak season surge better than pandemic
    Despite the kudos for railroads, some market players question the value of pandemic-era comparisons, suggesting that 2024's peak season aligns more closely with pre-pandemic trends.
  • Shippers, carriers face wave of port congestion, vessel delays in Asia, Europe
    Shanghai and Ningbo are dealing with "serious" congestion, according to a forwarder, while labor shortages in Hamburg are causing berthing delays of up to 10 days.
  • Capital upgrades ready USEC ports for another year of growth
    In addition to any vessel backlogs resulting from a second potential ILA strike on Jan. 15, a major test for East Coast marine terminals will be their ability to handle the revamped carrier networks debuting in early 2025.
  • New year means fresh disruption for container shipping market: analyst
    The world has become more turbulent and fragmented, with geopolitical events that are beyond the control of any supply chain participants playing an ever-larger role, writes Lars Jensen.

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TradeWinds web site
DECEMBER 31, 2024
  • 'Fully employed': Container shipping spared crippling double-digit capacity growth in 2024
    Lines hoovered up tonnage for Asia-Europe trade
  • Hijack row erupts over ship at centre of Finnish sabotage drama
    Lawyer representing Caravella LLC FZ says crew is being mistreated
  • 'Milestone acquisition': Transpetro set to ink first newbuilding deal in a decade
    Petrobras unit will tender for eight LPG carriers followed by an extra four MR tankers in renewal drive
  • Andreas Sohmen-Pao and John Fredriksen close $1bn VLGC fleet deal with final delivery
    BW LPG positive on 2025 prospects with North American production tipped to increase
  • Pangaea Logistics 15-bulker fleet swoop gains shareholder approval
    New York-listed company will sell stake and take on debt of about $105m to finance deal
  • Between a rock and the regulators: Derisk green tech to drive investment, says leading insurer
    New green insurance policy has no takers yet but provides pointers to how the path to net zero could be protected
  • Globus Maritime refinances newbuilding via Japanese sale-and-leaseback deal
    Transaction terms for modern ultramax point to lower ship values
  • Latsis product tanker pair emerges with expanding Vietnamese player
    Shipping companies in Hanoi and Ho Chi Minh City become increasingly active in bigger deals
  • H Line Shipping opts to recycle 29-year-old steam turbine-driven LNG carrier
    Challenging market sees no trading buyers for elderly LNG carriers
  • Pangaea Logistics 15-bulker fleet buy gains shareholder approval
    Pangaea will sell a 22% stake in the company and take on debt of about $105m to finance deal

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American Shipper web site
JANUARY 1, 2025
  • Sources: ILA, USMX to restart contract talks ahead of deadline for possible port strike
    The International Longshoremen's Association and port employers represented by the United States Maritime Alliance are set to resume bargaining on a new contract Jan. 7.

››› File
FROM THE HOME PAGE
FSG bankruptcy trustees announce interest from multiple investors in shipbuilding group
Rendsburg/Flensburg
These are German companies operating in the same sector
Port of Long Beach closes 2024 with new annual, half-year and quarterly container traffic records
Long Beach
Total freight traffic also reached a new historical peak during the year.
The Biden administration's latest move is to accuse China of seeking dominance in the maritime, logistics and shipbuilding sectors
Washington/Beijing
Harsh reaction from Beijing's Ministry of Commerce and the China Shipyards Association
The AdSP of the Central Tyrrhenian Sea confirms the commitments made towards its employees
Naples
The organization hopes "that a climate of relaxation can be restored"
Uniport, exemption from compulsory insurance for vehicles used in port terminals is a good thing
Rome
Hanoi government authorizes initial investment for new port planned by MSC and VMC
Filt, Fit and Uilt announce a resumption of the strike of the workers of the AdSP of the Central Tyrrhenian Sea
Naples
New protest action scheduled to start on February 3rd
Annual container traffic at PSA port terminals exceeds 100 million TEU for the first time
Singapore
Record in both Singapore and overseas terminals
Confitarma calls for the urgent reinstatement of the rule on simplified recruitment of seafarers
Rome
Sisto: Simplification has proven to be an important step forward for the sector
Sharp drop of -17.1% in freight traffic in the port of Taranto in 2024
Taranto
In the last quarter alone the decline was -3.0%
Container traffic in Hong Kong port decreased by -4.9% in 2024
Hong Kong
In the fourth quarter alone, 3.5 million TEUs were handled (-2.7%)
New NATO mission to strengthen protection of undersea infrastructure in the Baltic Sea
Mons
The use of a small fleet of naval drones is also planned
In 2024, the port terminals of China's CMPort handled a record container traffic
Hong Kong
The total was 146.3 million TEU (+6.4%)
Yang Ming also renews service between Western Mediterranean and US East Coast
Keelung
In Italy stopovers in Salerno, La Spezia, Genoa and Vado Ligure
Twelve associations call for agreeing on measures to improve rail capacity management in the EU
Brussels
Genoa Port Terminal, green light for provisional concession until next June 30
Genoa
The Management Committee of the Western Ligurian Sea Port Authority has unanimously decided this
In 2024, passenger traffic managed in Genoa by Stazioni Marittime decreased by -4.4%
Genoa
Ferries stable and cruises down -9.8%. Cruise activity expected to increase in 2025
CMA CGM to remove Livorno calls from Amerigo service, replacing them with calls at Salerno
Marseille
New configuration in line with that of the Ocean Alliance partners
From April, Ocean Alliance ships will call at seven Italian ports, four of which will be visited only by COSCO/OOCL
Shanghai/Hong Kong/Taipei/Marseille
Salerno will enter and Livorno will exit the new configuration of the containerized maritime services network
Leonidsport (Louis-Dreyfus family) submits offer to acquire 21% of Thessaloniki Port Authority
Athens
The expected investment is up to approximately 57 million euros
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
Naples
The "systematic non-application of the contractual conditions" to which the three acronyms refer - the institution replies - in fact concerns the punctual verification carried out by the competent offices of this administration of contractual institutions to which the dependent personnel were not entitled.
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
Germany is studying a network of floating terminals for the import of clean hydrogen
Berlin
Memorandum of understanding signed by SEFE and Höegh Evi
The executive design service for the reclamation of the Molo Italia seabed in La Spezia has been awarded
The Spice
Fratelli Cosulich orders fourth methanol-ready unit
Genoa
It will be built by Taizhou Maple Leaf Shipbuilding
MSC Interested in Starting Shipbuilding and Repair Business in India
Gurgaon
Comparison with the naval engineering company Swan Defence And Heavy Industries
In Spain, a logistics network for rail transport of biofuel to ports is being studied
Madrid
Agreement between Adif and the Exolum Group
Luka Koper has ordered four new rubber-tyred gantry cranes from Konecranes
Coper
They will be the first vehicles powered exclusively by electricity at the Slovenian airport
LNG and bio-LNG bunkering vessel arriving at the port of Genoa
Genoa
It will be able to provide both "ship-to-ship" and "ship-to-truck" services
Last year, cargo traffic in Russian ports decreased by -2.3%
St. Petersburg
The largest volume of cargo, exports, fell by -1.9%
Höegh Autoliners secures two multi-year contracts for car transport
Oslo
Agreements with two car manufacturers with which it has been collaborating for years
Malta sees record cruise traffic in 2024
Florian
357 ships docked for a total of over 940 thousand passengers
Cavotec to provide electrification systems and technologies for Italian ports
Lugano
Three orders worth a total of seven million euros acquired
Pirate attacks on ships decreased by -3% last year
London
In the last quarter, an increase of +76% was recorded
COSCO Shipping Ports Sets New Annual and Quarterly Container Traffic Records
Hong Kong
In the whole of 2024, 111.9 million TEUs were handled (+5.7%)
Alberto Maestrini (VARD) elected President of SEA Europe
Brussels
The association represents the European shipbuilding industry
Molo Brin areas in Olbia handed over to Quay Royal
Construction of a marina for mega yachts is planned
Port of Singapore Sets New Container and Non-Oil Bulk Records in 2024
Singapore
The Asian port handled a total of 622.7 million tonnes of goods (+5.2%)
The Italian Maritime Academy Technologies has acquired a new technical headquarters
Castel Volturno
Includes a 37-meter, 100-ton command bridge with 1:1 scale operating environments
A huge load of 110 kilograms of cocaine seized in the port of Gioia Tauro
Reggio Calabria
If placed on the market, it could have earned criminal organizations 20 million euros
Unifeeder triples its market share of intra-Mediterranean container services
Dubai
Fincantieri Completes Acquisition of Leonardo's Underwater UAS Business
Trieste
The 287 million euro fixed component of the purchase price was paid today
Wallenius Wilhelmsen to operate ro-ro terminal at Port of Gothenburg
Oslo/Gothenburg
12-year concession contract
The Bulgarian Shipowners' Association has joined the European Community Shipowners' Associations
Brussels
BSA is the twenty-second member of the European Shipowners' Association
Strike by Central Tyrrhenian Sea Port Authority staff suspended
Naples
The meeting between the unions and the general secretary of the port authority was a success
Mercitalia Rail begins rail transport from Reggio Calabria of trains for the Milan Metro
Reggio Calabria
They are approximately 106 metres long and weigh over 180 tonnes.
PSA Venice - Vecon achieves gender equality certification
Genoa
It is the first Italian container terminal to obtain the certification
Maria Teresa Di Matteo, head of the Department for Transport and Navigation, has passed away
Rome/Gioia Tauro
Mattioli: it was an important point of reference for the entire Italian maritime cluster
Green logistics, the Northern Tyrrhenian Sea Port Authority extends the deadline for the tender
Leghorn
It awards non-repayable grants up to a maximum amount of 300,000 euros
Medcenter Container Terminal orders 20 new hybrid struddle carriers from Kalmar
Helsinki
They will be delivered within the first quarter of 2026
The intermodal service connecting the Italian terminal of Melzo with the Dutch one of Moerdijk has started
Melzo
Three weekly circulations operated, which will increase to four from April
COSCO expects to close 2024 with +95% growth in net profit
Shanghai
EBIT expected at 69.9 billion yuan (+90.7%)
Catania-based F.lli Di Martino has acquired 160 new loading units produced by Piedmont-based SICOM
Cherasco
This year the Cherasco company celebrates 50 years since its foundation
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Uiltrasporti Campania accuses the heads of the AdSP of the Central Tyrrhenian Sea of having assumed a provocative and totally closed attitude
Naples
Attempt - the union denounces - to downplay the real reasons for the strike
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
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 annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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VAT number: 03532950106
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Editor in chief: Bruno Bellio
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