free news

web site

FEBRUARY 3, 2025

Mahalogix International celebrates its success as a logistics solutions provider Budget 2025-26 seen as growth-oriented for the economy and logistics sector BUDGET 2025-26 REACTIONS DGFT streamlines export regulations in alignment with Ministry of Health & Family Welfare regulatory framework Vizhinjam Port to transform into a global maritime hub New Mangalore Port offering port dues discounts for eco-friendly vessels UAE firms keen to invest in Bangladesh port development GDP seen growing at 6.3 to 6.8 pc in FY26 Pulses imports double Highlights of Union Budget 2025-26 Human seaworthiness CMA CGM Foundation and Child Rights and You - CRY renew their partnership and open three new educational centres in Mumbai JNPA inks MoU with Port of Antwerp for extended training programs at the JNPA-APEC facility Baltic Exchange Market Report (31 January 2025) 'Government'scommitment to inland water transport through the tonnage tax scheme will provide a more sustainable and cost-effective way of cargo movement'

free news

web site

FEBRUARY 3, 2025

Airfreight consultancy finds managing director Weekly train service launched in India A 'plus' for digital trade Setting sail in a new partnership 2,000 t of CO2e saved Looking back on a special year - Saudia Cargo Shipping giants optimise freight routes "Curiosity of the Day" Hellmann welcomes new MD for France 36,000 e-powered commercial vehicles Pharma airport returning to pre-pandemic volumes Angolan trade hub fortified NX and Zepto link up

free news

web site

JANUARY 31, 2025

Carriers hope price hikes will hold as spot rates fall in CNY doldrums Shippers 'happy to pay top dollar' for guaranteed price and capacity UPS Supply Chain Solutions: a target for Maersk, DHL or Kuehne? Indian air cargo exports flying, boosted by improvements and expansion Cut in automotive freight costs triggers uproar among German SME hauliers Asia-US box traffic hits an all-time high, boosted by retail front-loading North American railroads report intermodal volumes on the increase Japan's shipping lines determined to act on reducing CO2 emissions Asos changes gear on distribution: smart move or strategic error?

free news

web site

JANUARY 31, 2025

Cadeler takes delivery of giant jack-up Wind Maker Danish-headquartered, Oslo-listed Cadeler A/S, which owns the world's largest fleet of jack-up offshore wind installation vessels, has just added another. On Monday, it took delivery of Wind Maker, the first of two

free news

web site

JANUARY 31, 2025

Railport chooses GullsEye for terminal operations Railport, a Turkish intermodal logistics terminal, is set to begin operations as a joint venture between Arkas Holding and duisport. The terminal will leverage GullsEye's state-of-the-art terminal operating system (TOS) to manage and optimize its operational processes. Situated at the heart of the Iron Silk Road, Railport is poised to become a vital link in global trade, strengthening Türkiye's r Kenya's Maritime Expansion: Strengthening Regional Influence Amid Global Trade Shifts Kenya's maritime sector saw remarkable growth in 2024, driven by major upgrades and operational milestones at the Port of Mombasa, the country's leading seaport. Stock Monthly Report of Major Container Shipping Companies In January 2025, the container shipping industry navigated through a storm of significant financial downturns, with major companies across the sector reporting notable stock losses. This period highlighted the vulnerability of the industry to various external pressures, including market overcapacity, geopolitical disruptions, and looming economic slowdowns. As the sector grappled with these chall Coneksion® and Nowports partner to enhance digital freight solutions Coneksion®, a provider of supply chain and logistics data connectivity solutions, has partnered with Nowports, a digital freight forwarder in Latin America, to enhance Nowports' platform and optimize global freight logistics for its customers. Ilse de Bruin, Chief Digital Officer of Nowports, mentioned: "By powering our advanced technology with Coneksion's cutting-edge data connectivity solution, Is English Proficiency a Must for Taiwan's Logistics and Shipping Sector? Taiwan is a global logistics hub. With its strategic location and massive export industry, it plays a key role in international trade. But here's a question for logistics professionals: Do you need to be fluent in English to succeed in this field? The short answer? It depends on your role. For some jobs, English is a must. Freight forwarding, customs brokerage, and international shipping coordina Distributor Management Solutions: A Game-Changer for the FMCG Industry Efficient distribution is critical in the Fast-Moving Consumer Goods (FMCG)industry. Success depends on ensuring that products reach consumers quickly and accurately. FMCG companies can overcome distribution challenges by using a well-designed distributor management system Technology is used to streamline operations, reduce costs, and foster better relationships with distributors in these solutio We Asked AI: Container Ships Passing Under Iconic Monumentals What if a colossal container ship sailed through iconic cities and world landmarks? In this AI-generated exploration, we asked an Artificial Intelligence (AI) system to visualize the sheer scale of modern shipping against the backdrop of human history and architecture, creating a surreal contrast between past and present. DHL Freight opens new logistics terminal in Germany DHL Freight has officially inaugurated its new logistics terminal in Berlin-Marienfelde, Germany. Spanning 5,200 square meters with 48 loading docks and state-of-the-art infrastructure, the facility replaces the existing Berlin terminal, which had reached full capacity. Strategically located and designed with sustainability in mind, the new site sets new standards for logistics and environmental ONE achieves higher earnings amid stable volumes Singapore-based container line Ocean Network Express (ONE) has released its financial results for the third quarter of the company's FY2024, covering the period from October to December 2024. ONE recorded revenue of US$4.8 billion for the last three months of 2024, representing a significant 44% growth compared to the same period last year. Additionally, the ocean carrier's net profit exceeded US AD Ports launches port and logistics operations in Angola AD Ports Group has officially commenced the long-term management and development of a key multipurpose terminal and associated logistics operations in Luanda, Angola. This marks a significant step in the Group's expansion across sub-Saharan Africa. In partnership with Angolan firms Unicargas and Multiparques, AD Ports Group has launched operations at Noatum Ports Luanda Terminal, situated in the Brand Growth on Instagram: A Guide to Setting Up and Optimizing Your Business Strategy Instagram, as a dynamic platform, frequently rolls out new features designed to enhance user experience and engagement. Whether you're sharing a photo on your feed, a story, a reel, or an IGTV video, each format offers unique opportunities for engaging your audience. It is crucial to learn how Instagram content is distributed to establish a community. Gone are the days of chronological feeds; Ins Top 10 Shipowning Nations 2025 From China overtaking Japan to achieve pole position with an impressive fleet valued at US$2 55 billion to Switzerland's notable entry at US$ 68 billion, the report highlights significant transformations in asset values and ownership dynamics over the past year. China Whilst China retains the top spot in terms of vessels numbers, it has also taken the lead for the most valuable fleet, overtaking VICT invests in hybrid equipment to boost capacity and cut emissions ICTSI's Victoria International Container Terminal (VICT) has acquired four new hybrid automatic container carriers (ACCs) from Kalmar to enhance capacity and reduce emissions. Scheduled for delivery in 2025, these carriers will feature twin-box lifting capabilities of up to 60 tons and incorporate Kalmar's latest hybrid technology with lithium-ion batteries for energy recovery. This innovation wi Container Shipping's New Era Begins The container shipping world will wake up tomorrow to a new alliance structure, as Gemini Cooperation and Premier Alliance officially begin operations on 1 February. Meanwhile, Ocean Alliance remains the only grouping maintaining its existing format, while Geneva-based MSC has decided to continue as a standalone ocean carrier. CMA CGM applies peak season surcharge from North Europe to North America French ocean carrier CMA CGM announces the implementation of the following peak season surcharge (PSS) effective from 1 March 2025, until further

free news

web site

JANUARY 31, 2025

Two European tanker brokers join forces Two European tanker brokers have joined forces with news Odin-RVB from The Netherlands is taking over Barcelona-based Iberica Tanker Chartering. "As the shipping landscape continues to evolve, we recognize the changing demands and expectations of our stakeholders. This merger is yet another pivotal step in our long-term strategy to adapt, innovate, and continue as a ... BSM's Sebastian von Hardenberg appointed new president of InterManager The chief executive of Germany's Bernhard Schulte Shipmanagement (BSM), Sebastian von Hardenberg, has been elected as the new president of InterManager. He takes over from Columbia Shipmanagement president and CEO Mark O'Neil, who has been at the helm of the industry association whose members manage over 7,500 ships since 2021. Von Hardenberg joined the Schulte ... In tech we trust? The relationship between shipowners and technology providers must be fixed to save shipping's decarbonisation ambitions, writes Benny Hilström, vice president of business development at WinGD. Shipowners and operators need technology providers that keep their promises in order to avoid frustration, disruption and delay. That applies in day-to-day operations and is even more critical when promises Global liner alliances retrench Midnight tonight sees liner shipping go through its largest reshuffle in a decade as companies jump ship from existing alliances on the main east-west trades. THE Alliance will become the Premier Alliance, with Ocean Network Express (ONE), HMM and Yang Ming Marine Transportation as partners, and Mediterranean Shipping Co (MSC) helping plug gaps on Asia-Europe ... Modec and Toyo get stamp of approval for blue ammonia FPSO Japanese floater expert Modec and Toyo Engineering Corporation have obtained approval in principle from the American Bureau of Shipping (ABS) for a blue ammonia FPSO. This FPSO is intended to produce and store blue ammonia using associated gas that has conventionally been reinjected into the reservoir without specific applications. The gas will be supplied by ... Meghna presses on with ultramax buying spree Bangladesh's most aggressive buyer of secondhand tonnage, Meghna Group, has started 2025 in the same vein as last year. The Dhaka-based owner has picked up another modern Japanese-built and owned ultramax bulk carrier adding to at least four units that had joined its Mercantile Shipping Lines last year. Brokers report Tokei Kaiun's 2020 Iwagi-built Nord ... Navigating seven seas of AI-driven transformation in trade Wolfgang Lehmacher and Mikael Lind write for Splash today sharing some of their input to the recently released World Economic Forum AI TradeTech report. Artificial intelligence (AI) is poised to change international trade. AI will improve efficiency, costs, and decision-making. McKinsey reports that AI implementation can reduce forecast errors by 50% and logistics costs by ... Eurobulk fined in latest American oily bilge water case A Greek shipping company has pleaded guilty and was sentenced for violating the Act to Prevent Pollution from Ships (APPS) and falsification of records. Eurobulk, run by the Pittas family, admitted to violating APPS in April 2023 during a port call by the Good Heart in the port of Corpus Christi as well as falsification ... Indian Register of Shipping experiences owner exodus Having been one of the fastest growing classification societies during the first two years of Russia's full-scale invasion of Ukraine, the Indian Register of Shipping

news on subscription

web site

JANUARY 31, 2025

Tit-for-tat tariffs threat looms over VLGC market 'We are mindful of a volatile political environment, but we're hopeful that our trade will not be disrupted by a... Eurobulk fined $1.125m in US pollution case Greece-based Eurobulk was fined $1.125m on Wednesday after pleading guilty to violating US pollution laws Dead identities: over 25 ships using scrapped IMO numbers The inability to accurately track and identify certain vessels goes beyond safety concerns at a time when merchant ships play... Clubs and owners braced for Trump trouble over sanctions Diversification is working for clubs, says Gard OSM Thome adds green services arm Shipmanagers are under increasing pressure to provide services that make the green transition easier for their customers Seizing the Panama Canal again would be Operation Bad Idea A second military intervention would be detrimental to shipping, not to mention the US economy MOL takes delivery of first 'green' MPV Mitsui OSK Lines said Prima Verde is the first vessel in the world to be made from green steel and use... Adnoc unperturbed by historically low LNG rates A combination of long-term contracts and the promise of a supply glut on the horizon means newbuildings are not a... Ro-ro cargoship values head upwards as demand outstrips supply Veson Nautical ro-ro analyst Andrea de Luca says demand for secondhand ro-ro ships has remained firm as buyer interest has... Shipmanagers resort to poaching crews amid skill shortage Bosses lament paying high costs to train crew on LNG and LPG ships, only to lose staff to rival managers... Clubs deny 'relentless' pursuit of premiums amid fears of higher general increase P&I clubs set to continue policy of returning excess funds while increasing premiums Maersk and Hapag-Lloyd launch Gemini Cooperation When fully operational, Gemini will consist of 57 services across the globe and boast 3.7m teu in capacity, which will... The Daily View: Europe's got 99 problems, but its ships aren't one Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping Stable cargo flows and firm rates push ONE to higher third-quarter profit Singapore-based container line posted a FY24 third-quarter profit of $1.2bn, switching from an $83m loss in the corresponding period a... MOL warns of China slowdown impact on dry bulk profits The key Japanese operator is the latest to warn of the negative impact of a slowdown in the Chinese economy... Scorpio changes course, shifts from passive to active stake in DHT Act One: Scorpio Tankers became a passive investor in DHT in 3Q24. Act Two: Scorpio has just become an active... Daily Briefing Brokers and sellers face conundrum as aframax S&P market spikes after US sanctions | The EU's business-friendly policy pitch is...

news on subscription

web site

JANUARY 31, 2025

ILA officials to meet next week as ratification of USMX deal looms Sources tell the Journal of Commerce the union will convene a mid-week meeting in Florida of its local wage scale committees across the 14 ports under its jurisdiction. ONE upgrades full-year profit forecast by $1 billion after robust Q3 The Singapore-based carrier reported strong demand on its two main trade lanes out of Asia in its most recent fiscal quarter, with the trans-Pacific recording 100% utilization. Hub-and-spoke model in spotlight on eve of Gemini Cooperation launch Maersk and Hapag-Lloyd have made 90% schedule reliability a core promise of their new partnership and the pledge will be under intense scrutiny by the carriers' customers. Norfolk Southern launches appointment system at Landers terminal A spokesperson for NS says requiring truckers to have appointments to pick up containers at the Chicago facility allows for "stack grooming," meaning giving the railroad information in advance on which boxes to make available. MPV operators lean into orders for dual-fuel newbuilds Forwarders say that breakbulk and project cargo shippers are taking a greater interest in alternative fuel options for specialist ships.

news on subscription

web site

JANUARY 31, 2025

Norway releases ship briefly detained in Baltic cable probe Police say they found no evidence linking fish carrier to suspected sabotage Shipping stocks slide as White House confirms tariffs on China, Canada and Mexico Actions to begin on Saturday and investors reaction turns the market Swiss court convicts Trafigura and former executive in shipping bribery case Lawyers for ex-chief operating officer Mike Wainwright says he will appeal the verdict Wavelength podcast: The need for a big CO2 levy and the tanker market scratches its head Plus, the scourge of seafarer abandonment LNG rates wallow at record lows with negative assessments for older ships Quiet Lunar New Year market slows trading as Atlantic basin tonnage piles up but term outlook proving grim Shipowner CLdN launches pool venture to sell over-compliance with new emissions rules Initiative is looking to partner companies visiting European waters on occasion and seeking to avoid fines 'The only way is up' for VLCCs as tanker market regains steam Even with the Lunar New Year in Asia, VLCC and suezmax rates are climbing Ocean Network Express ups profit forecast to over $4bn Japanese liner giant raises guidance for the second time in three months, after posting solid third-quarter profit First of MOL's newly delivered Arc4 vessels lines up for Russian LNG ship-to-ship transfer Spotlight swings onto Novatek's newest vessels as first appears to line up for Yamal cargo Norwegian police arrest vessel amid probe into Baltic cable sabotage Latvia requested Norway to intercept fish carrier as it sailed from St Petersburg and Murmansk Dorian LPG keeps faith in VLGC market as profit bounces back Owner remains upbeat about market on the back of higher US exports Cleaves under fire from Baltic Exchange member for unpaid bills Norwegian broking group said it intends to pay Maersk and Hapag-Lloyd begin phasing container ships into Gemini liner alliance Alliance will begin operating on Saturday Bernhard Schulte boss Sebastian von Hardenberg steps up to lead InterManager He succeeds Columbia Group's Mark O'Neill who had been in the post for the last four years World's first fully green MPP ship delivered, owner MOL says The Prima Verde said to be the first vessel of any kind built using green steel 'Tariffs could lead to trade wars': SSY outlines potential paths for tankers amid volatility London broker's head of tanker research identifies the moving parts that will define the trade in 2025 Russian nuclear icebreaker damaged in Arctic collision to be fixed at sea Vessel operator Atomflot says normal service will continue while repairs take place Maersk and Hapag-Lloyd begin phasing containerships into Gemini liner alliance Alliance will begin operating on Saturday Argentina's YPF joins Golar LNG and partners Southern Energy FLNG project State energy company planning to develop 50-mtpa LNG production in three phases Tumbling car carrier rates prompt downgrade and target price cuts by DNB Markets Hoegh Autoliners downgraded to hold, Wallenius Wilhelmsen keeps buy rating World's first fully green multi-purpose ship delivered, owner MOL says The Prima Verde said to be the first ship of any kind built using green steel MOL flags 'faltering' Chinese economy as container boom drives up profit Company expects a slowdown in dry bulk business Frontline is the only shipping stock in Oslo worth buying for this fund manager Borea's Jon Hille-Walle believes most other shipping segments have passed peak earnings Auction sale of bulker pair highlights how more Chinese owners are shunning traditional broking channels GNG Ocean becomes the latest Chinese company to switch to online auctions MOL takes delivery of what it claims is the world's first fully green multi-purpose ship The Prima Verde said to be the first ship of any kind built using green steel

news on subscription

web site

JANUARY 31, 2025

Hapag-Lloyd 2024 profit navigates disruptions Container operator Hapag-Lloyd said preliminary results for fiscal year 2024 were improved over the previous year. ONE container alliance swings to profit in Q3 The Ocean Network Express alliance of K-Line, MOL and NYK saw profits skyrocket in the fiscal third quarter. IANA: Intermodal saw turnaround in 2024 A new report from the Intermodal Association of North America found international volumes helped intermodal freight author a turnaround in 2024. What shippers should know about ocean carrier alliance changes in 2025 Here's what you need to know as ocean carrier alliances prepare to deploy new and reorganized container services.