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01 July 2025 - Year XXIX
Independent journal on economy and transport policy
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May 15, 2025

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Exim India web site
MAY 15, 2025
  • Second phase of Shipbuilding Financial Assistance Policy on the anvil
  • HMM maintains profitability in Q1 amid market volatility
  • India-Russia AEO MRA a strategic lever to boost bilateral trade: FIEO President
  • Coal imports dip
  • IWAI sets up new office in Srinagar; launches initiatives to develop river navigation infrastructure in J&K
  • E-way bill generation surges to second-highest ever in April
  • India proposes retaliatory tariffs on US steel at WTO
  • Trump tariffs on China nearly broke global supply chain
  • New Baltic Air Freight Spot Indices launched in response to historically volatile air cargo market
  • Carriers slap emergency operation surcharges pertaining to Pakistan
  • Andhra plans to build port-based economy to harness coastline
  • CBIC notifies anti-dumping duty on Chinese, Vietnamese solar glass
  • CONCOR expanding warehousing footprint
  • Government driving digital shift in India's logistics system
  • Deendayal Port achieves record-breaking gypsum handling milestone

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International Transport Journal web site
MAY 15, 2025
  • Banking on maritime
  • Irish haulier adopts paperless system
  • Eco Performance Award - applications open for one month
  • Thai Airways names new GSSA in Scandinavia
  • Eurogate acquires Deisser group
  • Migros streamlining distribution
  • Maritime tech partnership launched
  • Handling two car carriers at new berth
  • KN leadership change in the Middle East
  • Aircargonet to represent AirBaltic Cargo in Germany
  • Demand weakens road freight market
  • Bertschi opens Antwerp terminal

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The Loadstar web site
MAY 14, 2025
  • Volume surge and an early peak season? 'Don't celebrate too soon,' warning
  • Guidance on tariffs - FedEx top brass on hand to help
  • Hapag-Lloyd: a 'pretty good first quarter' - but trend for 2025 'pretty uncertain'
  • Volga-Dnepr claims 'pirate' Canada has 'hijacked' its stranded aircraft
  • FedEx and Amazon partner-up again in new deal to move large parcels
  • Europe's hauliers feel the pain of weak demand and low freight rates
  • Trade war 'armistice' unlikely to lead to volume surge, says forwarder
  • A double first for TIACA with Roos Bakker set to become new chair

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Marine Log web site
MAY 14, 2025
  • INEOS and Royal Wagenborg launch Carbon Destroyer 1
    In a major milestone for the Project Greensand carbon capture and storage project, thefirst European-built CO2 carrier, Carbon Destroyer 1, was launched and named yesterday at the at the Royal Niestern Sander
  • Owners, yards and class team up on safety at Ship Repair USA
    At this year's Marine Log's Ship Repair USA conference attendees will gain critical insights into one of the most pressing challenges in the maritime repair sector: aligning safety practices and regulatory compliance

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Container News web site
MAY 14, 2025
  • Hapag-Llloyd applies higher rates between Far East and Europe
    German ocean carrier Hapag-Lloyd has announced updated tariff rates for Freight of All Kinds (FAK) between the Far East and Europe. The increased prices will apply to cargo transported in 20' and 40' dry and reefer containers, including high cube equipment, and will be valid for sailings commencing on 1 June 2025. US$ / Dry 20' & 40' 20' 40' 40' HC North Europe 1,900 3,200 3,300 West Mediterranea
  • Suez Canal Offers Incentives Amid Fears of Houthi Regrouping and Regional Instability
    The Suez Canal transit fee discount reflects Egypt's desperation to revive the canal's traffic amid fears that Houthi militants are preparing a new wave of attacks in the Red Sea, jeopardizing fragile maritime stability in the region
  • Vietnam and Thailand race to capture China+1 shipping gains
    As the geopolitical rift between China and the United States deepens, the global manufacturing and shipping landscape is undergoing a historic shift. At the center of this realignment is the China+1 strategy-a growing movement by multinational firms to reduce dependence on Chinese factories by relocating production to other countries across Asia. Nowhere is this shift more visible than in the shi
  • Port of Cromarty Firth awards US$2M pre-construction contract for major offshore wind expansion
    The Port of Cromarty Firth has awarded a GB£1.5 million (US$2 million) pre-construction contract to leading Scottish civil engineering firm RJ McLeod, marking a key milestone in its GB£111 million (US$148 million) Phase 5 expansion project. This development is expected to significantly enlarge the existing 9-hectare Quay West facility and deliver essential infrastructure to support the rapid grow
  • Hapag-Lloyd increases Asia/Oceania-Pakistan rates
    Hapag-Lloyd will implement a General Rate Increase (GRI) from Asia and Oceania to Karachi Port and Muhammad Bin Qasim Port in Pakistan and vice versa. The Hamburg-based carrier will introduce a GRI of US$500 per container and will apply to all cargo in 20' and 40' dry containers, reefers, and special equipment. The updated rates will be effective from May 28 until further notice. If you liked thi
  • EU agrees on new sanctions package targeting Russia's shadow fleet
    On May 14, European Union (EU) ambassadors reached an agreement on the EU's 17th sanctions package against Russia, intensifying pressure on the Kremlin amid its continued aggression in Ukraine. The new measures are heavily focused on curbing Russia's shadow fleet of oil tankers and countering hybrid threats. European Council President António Costa emphasized the unity behind the decision, statin
  • Greek owner Minerva buys seventh boxship for over US$30 million
    Greek shipping company Minerva has acquired the three-year-old, 1,781 TEU container ship Mindoro from German vessel owner Briese Schiffahrt for US$31.5 million. The transaction represents a solid return for Briese Schiffahrt, which originally ordered the vessel in 2021 for US$26 million, according to Alphaliner data. Renamed Little Symphony, the vessel remains on charter to the German ocean carri
  • DP World bets big on Latin America
    DP World's recent strategic investments in Latin America reveal a clear and deliberate pattern focused on securing and strengthening its presence in critical transshipment and nearshoring hubs, in line with broader global trade shifts toward supply chain diversification and regionalization. At the heart of DP World's latest move is a US$760 million investment in the Dominican Republic, aimed at e
  • Red Sea states to strengthen marine pollution response capabilities
    Countries bordering the Red Sea are enhancing their preparedness and response systems to address major marine pollution incidents involving oil and hazardous and noxious substances. From 5-8 May 2025, a subregional workshop held in Hurghada, Egypt, brought together 18 government officials from Djibouti, Egypt, Eritrea, Jordan, Saudi Arabia, Somalia, and Yemen. The event focused on developing tech
  • ONE revises West Asia service network
    Singapore-based box carrier Ocean Network Express (ONE) has announced an update to TIG and TIP services on its West Asia Service Network. ONE expects the revised TIG service to enhance global connectivity to and from Pakistan through optimized transshipment with multiple ONE service networks. TIG Service ONE will remove Nhava Sheva and Mundra ports from the TIG service rotation, while Karachi and
  • Transpacific exposure trumped bullish charter market in 2024
    Transpacific routes proved to be crucial for mid-tier shipping lines in 2024, according to Alphaliner
  • Russia to revive shipbuilding sector to reduce external dependence
    As global supply chains undergo tectonic shifts driven by sanctions, war, and geopolitical rivalry, Russia is charting a bold course to reassert control over its maritime destiny. In a sweeping strategy unveiled by the Russian government, the nation aims to construct over 1,600 ships by 2036 and 2,600 by 2050 in a transformative endeavor to replace reliance on foreign vessels and reposition Russi
  • China-US de-escalation may spur early peak season: Freightos Analysis
    The US and Chinese governments have announced a 90-day de-escalation of the tariffs introduced by both sides in April. Starting May 14th, the US will reduce its reciprocal tariffs on China from 125% to 10%, which - together with the 10% tariff increases introduced in February and again in March targeting fentanyl flows from China - bring the new baseline to a 30% minimum tariff on all Chinese exp
  • COSCO establishes new company in Saudi Arabia
    In late April, the Chinese shipping giant COSCO established a new company in Saudi Arabia, COSCO SHIPPING Lines (Saudi Arabia) Co., Ltd., holding an unveiling ceremony in Dammam. Zhang Yong, Executive Vice President of COSCO SHIPPING, Abdullah Munif, Vice Chairman of Saudi Ports Authority, Tian Dong, Chairman of COSCO SHIPPING West Asia, Cen Wei, General Manager of COSCO SHIPPING Lines Saudi Arab
  • Hapag-Lloyd increases rates from Indian Sub to North America
    German ocean carrier Hapag-Lloyd has announced a General Rate Increase (GRI)/General Rate Adjustment (GRA) from four Indian ports to the US East Coast, as well as from Pakistan to the United States and Canada. Effective for cargo transported in 20' and 40' dry, reefer and special containers, including high cube equipment, the updated rates will be effective from 15 June until further notice. The
  • CMA CGM implements operational protection measures amid India-Pakistan tensions
    French ocean carrier CMA CGM has announced a series of network adjustments aimed at mitigating the operational impact of ongoing geopolitical tensions between India and Pakistan. New PIKEX Service Launched As part of a regional service review, CMA CGM has introduced a new route, designated PIKEX, featuring the following port rotation: Jebel Ali (United Arab Emirates), Khalifa (United Arab Emirate
  • HMM records US$2 billion in Q1 revenue
    South Korean container shipping company HMM has announced solid results in the first quarter of 2025. In particular, HMM reported a 23% revenue jump year-on-year to KRW2,855 billion (US$2 billion), a 51% increase in operating profit, reaching KRW614 billion (US$439 million) and a 52% growth in net profit to KRW740 billion (US$520 million). "Despite declining freight rates and the impact of U.S. t
  • Positive Q1 results for Hapag-Lloyd
    Hapag-Lloyd concluded the first quarter of 2025 with EBITDA of US$1.1 billion, EBIT of US$487 million and profit of US$469 million. The German ocean carrier moved 3.3 million TEUs in the first three months of the year with an average freight rate of US$1,480/TEU, both of which were 9% higher than in the same quarter of 2024 due to strong demand. Rolf Habben Jansen, CEO of Hapag-Lloyd, expressed h
  • Ceasefires Ease Tensions in Maritime Flashpoints, Yet Threats Linger
    Amid recent diplomatic efforts to stabilize two of the world's most volatile maritime regions-the Red Sea and the Indian Ocean-a sense of fragile calm has emerged. However, maritime security analysis warns that beneath the surface, persistent threats continue to endanger global shipping routes crucial to energy and trade flows
  • Arctic Shipping: A Conditional Strategic Avenue for China and Russia
    As global maritime trade routes face growing instability, a new corridor is beginning to draw strategic attention: the Arctic. During a high-profile meeting in Moscow, Russian President Vladimir Putin and Chinese leader Xi Jinping reaffirmed their shared interest in expanding cooperation in Arctic shipping and energy projects. With the Northern Sea Route (NSR) already hosting 95% of its cargo bet
  • Net Feasa unveils AI-driven container marketplace
    Net Feasa has announced the launch of Agentic Control Tower, a next-generation platform that redefines container logistics through Artificial Intelligence (AI)-driven automation. This end-to-end visualization and booking system integrates traditional container workflows with Agentic AI, turning each container into an intelligent agent capable of managing its own journey. With Agentic Control Towe

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Splash web site
MAY 14, 2025
  • Fednav's Paul Pathy takes over at BIMCO
    The world's largest shipping association, BIMCO, has elected its first president from the Americas. Paul Pathy, president and chief executive of Canada's largest dry bulk shipping company, Fednav, is taking over from Nikolaus Schües, CEO of German owner F. Laeisz, who is finishing his two-year term. "I am honoured to take on the role of ...
  • EU sanctions target nearly 200 Russia-linked ships
    European Union countries have agreed to impose a new raft of sanctions against Russia, including those targeting nearly 200 ships in the so-called shadow fleet used to circumvent restrictions on oil and gas exports. The new round of sanctions, set to be adopted next week, comes as Moscow and Kyiv may hold their first peace ...
  • Norden exercises option for two more MPPs
    Danish shipping giant Norden has decided to increase its multi-purpose (MPP) fleet by signing newbuilding leases with purchase options for two vessels. These two vessels are options to the recently signed deals for two identical vessels set to deliver in 2026. This latest pair of 17,500 dwt vessels is expected to be delivered in 2026 ...
  • Minerva buys another modern boxship
    Greek owner Minerva has bought the three-year-old, 1,781 teu Mindoro boxship from Germany's Briese Schiffahrt for $31.5m. The sale makes a tidy profit for the German owner, who ordered the ship in 2021 for $26m, according to data from Alphaliner. The ship has been renamed Little Symphony and it remains on charter to Hapag-Lloyd through ...
  • Washington issues further sanctions aimed at Iran's trade with China
    The US on Tuesday announced fresh sanctions on Iranian oil sales to China, as president Donald Trump's administration continues its "maximum pressure" campaign against Tehran. The US Treasury said that it is sanctioning nearly two dozen firms that it alleges facilitate Iran's international oil trade. Sanctioned entities include so-called front companies based in China and Hong ...
  • Erasmus box fleet hits double digits
    Busy Athens-based non-operating owner Erasmus Corp has taken its box fleet into double-digits with Alphaliner reporting another triple swoop this week. Erasmus is tied to the acquisition of the 2,741 teu Jeju Island for $20.5m as well as the 1,809 teu Kestrel and 1,696 teu Ela for an en bloc price of $45m. Erasmus has ...
  • Vitol and Grindrod winding down bunkering firm Cockett
    A famous name in bunkering is to fade from view. Vitol and Grindrod have decided to close down their bunkering business, Cockett. The joint shareholders of the marine fuels and lubricants trader said the operation will be wound down in an orderly manner. Cockett will continue to fulfil all its existing obligations to both suppliers ...
  • ADES bags multi-year extension for jackup in Qatar
    Saudi oil and gas driller ADES has signed a multi-year contract extension for one of its jackup rigs. ADES signed a deal for the 2009-built Sapphire Driller with what it described as a "major operator in Qatar". The extension is for a firm duration of four years, with three additional one-year options. If all options ...
  • Viking Supply Ships adds to its AHTS fleet
    Christen Sveaas' Viking Supply Ships has expanded its anchor-handling tug supply (AHTS) fleet with a new acquisition. The Stenungsund-based firm said on Tuesday that it entered into an agreement to buy the 2012-built Ice Class 1A AHTS vessel Atlantic Kestrel from Canadian company Atlantic Towing. The 85 m vessel, originally named Jaya Supreme, was the ...
  • NYK to build car terminal in Barcelona
    Japan's Nippon Yusen Kaisha (NYK) has been awarded a 27-year concession from the Port of Barcelona for a finished-vehicle logistics terminal. The new facility, scheduled to commence operations in 2027, will incorporate a fully automated multilevel parking system, utilise renewable energy, and have an annual throughput of around 180,000 vehicles. In a release, NYK said ...
  • Peak coal and energy security dominate discussion at Geneva conference
    The future of coal was one of the dominant topics crystal balled at this year's Geneva Dry conference, with some panellists believing that last year saw the peak in seaborne trades. The panel, led by Benjamin Wilkes, chief operating officer of d'Amico's dry cargo division, opened with coal's largest importer, China, and discussed where the ...
  • New Fortress Energy charters FSRU for LNG terminal in the Dominican Republic
    US-based LNG player New Fortress Energy has executed a three-year charter agreement for the Energos Freeze FSRU with Energía 2000 in the Dominican Republic. The 125,000 cu m floating storage and regasification unit will be deployed to Energía 2000 LNG import terminal in Pepillo Salcedo (Manzanillo) port and is expected to commence operations in September ...
  • Suez Canal offers discount in bid to lure boxships back
    Egypt's Suez Canal will offer a 15% discount for the next three months on transit fees for containerships of approximately 13,500 teu and above in terms of capacity, to encourage trade back, with recent headlines suggesting the Red Sea shipping crisis is coming to a close. The Suez Canal Authority said the offer was in "response to ...
  • Maersk welcomes new European source of e-methanol
    The world's first commercial-scale e-methanol plant began operations in Denmark yesterday, with Maersk set to buy part of the production. The Kassø e-methanol facility in Aabenraa, developed by European Energy and operated in collaboration with Mitsui & Co, has an annual production capacity of 42,000 tonnes and operates entirely on renewable energy sources. Situated next to Northern Europe's larg
  • CMA CGM launches seafarer recruitment site
    Acknowledging the challenges in sourcing the right numbers of staff at sea, French liner giant CMA CGM has launched CMASHIPS.com, the company's first global seafarer recruitment website. The site is an open gateway for seafarers from around the world to apply for positions aboard CMA CGM vessels. It brings together all the group's agencies, subsidiaries, ...
  • AD Ports Group expands presence in Kazakhstan
    Abu Dhabi's AD Ports Group is expanding its business in Central Asia, signing with KazMunayGas (KMG), the national oil company of Kazakhstan, to build four shallow-draft containerships designed for use on the Caspian Sea, each with a capacity of 780 teu, and contemplating investing with KMG in up to four aframax tankers. Additionally, preliminary heads ...

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Lloyd's List web site
MAY 14, 2025
  • US-China trade war détente should bolster boxship charter market
    The containership charter market has been surprisingly resilient in the post-pandemic era. With downside risk from the trade war abated...
  • Danaos 'holds off' further new ships for now after run of 22 boxship newbuild orders
    Greece-based orderer of methanol-ready newbuildings says conventional vessels remain 'default option'
  • EU rules a game changer for fully electric ferries, says Kongsberg
    Fully electric ferries in Europe now have a real business case because of European regulations, and the IMO's new net...
  • West of England blames pool scheme for combined ratio overshoot
    Capital strength described as resilient after good investment returns
  • Fednav's Pathy takes over as BIMCO president
    First president from the Americas 'committed to raising awareness' on shipping and seafarers
  • We were wrong about dry bulk scrapping, again
    Many tipped 2025 to be the year that elderly bulk carriers finally went to the breakers, but rates remain good...
  • Tankers: geopolitics will be wildcard, but demand is fundamentally unexciting
    Predicting what happens in the second half of the year with tankers (or any other shipping segment) may be a...
  • MSC snaps up post-panamax boxships and MPV as secondhand prices hold firm
    MSC is expected to add even more secondhand tonnage over the coming weeks as more boxships come on to the...
  • Hapag-Lloyd to begin vessel reshuffling after US-China deal
    The German line recorded a net profit of $469m in the first quarter of 2025, up 45% on the corresponding...
  • NYK to develop vehicle logistics facility in Barcelona
    NYK and its ICO subsidiary will use solar power to drive the automated site
  • Dry bulk gloominess remains in 2025, but brighter times could be ahead
    Analysts and owners remain pessimistic about the dry bulk market's performance in 2025, but there is cause for some optimism...
  • The Daily View: Building empires
  • Fledgling Saudi operator Folk Maritime boosts feeder fleet
    Folk Maritime continues to enhance its vessel portfolio through the acquisition of a trio of new ships, increasing its operational...
  • HMM expects persistent market volatility despite strong quarterly results
    Trade tensions, vessel oversupply and geopolitical risks have clouded future prospects, said the South Korean carrier
  • Daily Briefing
    Marine insurers underwriting Russia tanker calls after crude prices drop below cap | Russia to launch huge shipbuilding programme | Suez...

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The Journal of Commerce web site
MAY 14, 2025
  • Eastbound trans-Pac spot rates in revival mode in wake of US-China trade deal
    Rates are climbing quickly amid fresh Chinese volumes headed to the US, with an expected crunch in vessel capacity and the potential for port congestion driving the gains.
  • Panama Canal Authority hits back at FMC chokepoint probe as unwarranted
    The canal agency highlighted data that refutes Trump administration claims about unfair treatment at the waterway, while the International Chamber of Shipping said freedom of navigation is a global responsibility.
  • Overcapacity, trade seasonality push India-Europe rates to multi-year low
    On top of the persistent pressure of overcapacity and muted demand, industry sources have also linked the market softening to the historical seasonal pattern of the Indian export trade.
  • China-US ocean bookings surge since weekend trade deal: Hapag-Lloyd
    The predicted rush to get US imports from China on the water has begun as shippers take advantage of the 90-day cut in tariffs, according to CEO Rolf Habben Jansen.

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TradeWinds web site
MAY 14, 2025
  • Okeanis Eco Tankers profit slumps in line with analyst expectations
    Second-quarter bookings show better earnings are ahead for New York-listed tanker owner
  • Navigator Gas preps $50m share buyback after profit growth comes in above expectations
    New York-listed gas carrier operator sees vessel earnings grow despite slim ethylene arbitrage
  • Tensions flare in Baltic as video shows Estonia attempt to intercept Russia-trading tanker
    Helicopters, warships and fighter jets scramble in chase for Gabon-flagged aframax
  • Margaritaville at Sea buys third ship for that Cheeseburger in Paradise
    Jimmy Buffett-themed Florida cruise operator buys Carnival Corp vessel
  • Geopolitical 'noise' hijacking shipping agenda, Clarksons' Stephen Gordon says
    Seaborne trade is expected to stall in 2025 due to market uncertainties
  • Robert Kuok's PaxOcean shipyard group on the expansion trail in three countries
    Shipbuilding cooperation with Samsung is just one of Singapore shipyard group's cradle to grave expansion moves
  • Private equity-backed Ocean Yield sees profit drop by a fifth
    Vessel lessor raised new cash and made new investments during the period
  • Fednav's Paul Pathy says 'free trade under threat' as he takes Bimco presidency
    Ioanna Procopiou becomes president designate shipowners' group
  • Private equity-backed Ocean Yield sees profit drop by one-fifth
    Vessel lessor raised new cash and made new investments during the period
  • Donald Trump promises to lift sanctions on Syria and meets with 'tough guy' leader
    Move comes four months after easing by Biden administration
  • Sanctions hamper tentative crude tanker recycling rebound, shipbroker SSY says
    UK broker says total number of ships scrapped so far in 2025 is just two behind last year's annual figure
  • Three Russian marine insurers added to Indian approved list
    Eight Russian companies now allowed to supply cover for vessels calling India's ports
  • Edison welcomes arrival of Italy's first long-term contracted US LNG
    But says London arbitration with producer Venture Global is ongoing
  • VLCC rates fall further as owners hold breath for Opec-induced rally
    June cargoes give owners hope as oil cartel starts pumping
  • CMB.Tech splashes $500m on VLCC and suezmax newbuildings as it extends investment drive
    Alexander Saverys' company is investing in ammonia-ready crude tanker newbuildings
  • Greek bulker owner George Chatzis nears the 50-ship mark in fresh growth spurt
    Piraeus-based Newport SA and Grehel Shipmanagement expand with both secondhand ships and newbuildings
  • Sanctions dodgers rebrand Venezuelan crude as Brazilian bitumen to keep tankers heading to China
    Sources tell Reuters the practice is cutting costs and evading US sanctions
  • Latsis and Costamare leasing platform backs Alphard Maritime swoop for offshore fleet
    Mexican owner Cotemar selling vessels in stronger sale-and-purchase market
  • Shipbuilder Nantong Xiangyu breaks into newcastlemax segment with latest series
    Chinese yard is known for building midsize bulkers and chemical tankers
  • Costamare and Latsis leasing platform backs Alphard Maritime swoop for offshore fleet
    Mexican owner Cotemar selling vessels in stronger sale and purchase market
  • US-China tariff deal leading to surging container volumes, says Hapag-Lloyd
    Carrier to replace smaller ships with larger ones to deal with 50% jump in cargo
  • Meet 'Carbon Destroyer 1' as first European-built LCO2 carrier launches
    Ineos chief Jim Ratcliffe watches on as Catherine, his wife, names pioneering ship in livestreamed event
  • SFL logs $34m impairment after selling two supramax bulkers
    Shipowner reports net loss in first quarter
  • Bulker fails to sell on Chinese auction site for a second time after bidders steer clear
    Auction site has been incentivising shipbrokers to bring in bidders
  • European Union boosts anti-Russia sanctions list by 189 vessels
    New measures are part of Europe's 17th round of sanctions against Russia
  • Bulker fails to sell on Chinese auction site for a second time after bidders steel clear
    Auction site has been incentivising shipbrokers to bring in bidders
  • Egypt seals deals on three FSRUs as it locks in import capacity
    One in place, another on the way and some switch arounds to come
  • Gianluigi Aponte's MSC splashes $100m on container ship trio from Greek and Cypriot owners
    Perennial buyer keeps foot on the pedal with more 6,000-teu ships purchased from Global Ship Lease and Cyprus Sea Lines
  • Donald Trump-Xi Jinping dealmaking offers shipping a shot of certainty amid tariff chaos
    At least imports of Chinese goods to the US can start again
  • Taiwan's 'Big Three' carriers in the money for now, but warn of uncertain future
    Revenues up at Yang Ming, Evergreen and Wan Hai during first quarter
  • Trygve Seglem's Knutsen OAS reveals record profit as contract backlog tops $20bn
    Private gas carrier and tanker group expecting to make even more money this year
  • Torm upgraded by Pareto after losing premium pricing
    Danish tanker owner's stock rises 6% in Copenhagen
  • Rodolphe goes to Hollywood: CMA CGM boss Saade pumps cash into iconic French film firm
    Billionaire's investment company takes 20% stake in production and distribution group Pathe
  • Norden signs up for two newbuildings amid multipurpose expansion drive
    Danish owner-operator is doubling down on its commitment to its parcelling business
  • Gianluigi Aponte's MSC splashes $100m on container ship trio from Greek and Cypriot owners
    Perennial buyer keeps foot on the pedal with more 6,000 teu ships purchased from Global Ship Lease and Cyprus Sea Lines
  • Aurora Tankers sells veteran brace amid dip in asset values
    Price of older chemical tankers appears to be dropping
  • Hafnia taps former Shell exec Emily Tan to replace founder Erik Bartnes
    BW Group tanker company boosts board back up to five directors
  • Expanded fleet boosts earnings at giant South Korean owner HMM
    Profit rose despite declining boxship rates and US tariffs
  • Suez Canal seeks to lure back large container ships with special offers after US-Houthi ceasefire
    Rebate applies from 15 May as transits show little sign of recovery
  • Iran attack: Ship rammed by small boat in vital waterway
    Master reported message from 'authorities' requesting vessel to stop and allow boarding
  • Pangaea Logistics says revamped board a factor in dividend-buybacks plan
    Management grilled by equity analyst over decision to halve distribution
  • Insurers picking up the bill for trade disruption, Greek conference told
    Inflation, rerouting and increased weather-related damages on an ageing fleet are contributing to additional costs
  • Danaos holds off on new vessel investments amid 'pay-to-pollute' IMO rules
    Greek owner deplores lack of ambition in latest decarbonisation rules
  • Trygve Seglem's Knutsen OAS reveals record profit as contract backlog tops $20bn
    Private gas carrier and tanker group expecting to make even more money this year
  • Kathrine Fredriksen leaves Avance Gas board as new directors brought in for liquidation
    John Fredriksen group managers moved in to oversee wind-up
  • Avic Leasing to auction Chinese-built bulker coming off lease from SDTR Marine
    Market sources say Singapore-based bulker player is scaling back on long-term charters due to market uncertainties
  • Robert Kuok's PaxOcean shipyard group on the expansion trail in three countries
    Shipbuilding cooperation with Samsung is just one of Singapore shipyard group's cradle to grave expansion moves

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American Shipper web site
MAY 14, 2025
  • Tariff two-step: After pause, China-US container bookings soar 277%
    Shippers are rushing to bring in stalled China imports following a pause in the U.S.-Sino tariff fight.
  • Maersk looks to fill up container ships in a flash (sale)
    The world's second-largest container carrier wants to kick-start the reset of China-U.S. shipping with a sale on freight rates.
  • DHL eCommerce to merge with UK courier Evri
    DHL continues to ramp up investment in the e-commerce space with a large stake in U.K.-based parcel delivery company Evri.

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FROM THE HOME PAGE
European Commission meeting to define the strategy for the development of EU ports and maritime industry
Brussels
Call for papers by July 28th
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Rome
Messina: State Aid regime needs to be redesigned for European shipyards
In the first four months of 2025, maritime container traffic between Asia and Europe grew by +4.8%
Tokyo
-6.4% drop in shipments to Asian ports. +9.0% increase in unloading volumes in Europe
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Geneva
Recovery driven by importers who brought forward purchases in view of expected tariff increases
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
The transfer of 80% of Louis-Dreyfus Armateurs' capital to InfraVia has been implemented
Suresnes/Paris
The Louis-Dreyfus family retains the remaining 20%
Port of Genoa, green light for extension of concession to Spinelli until September 30
Genoa
Ok also to the extension to the Campostano group
The National Maritime Fund has started the recognition of scholarships
Genoa
They are granted for basic training and security familiarization courses.
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
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 Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
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