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30 July 2025 - Year XXIX
Independent journal on economy and transport policy
08:36 GMT+2
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January 23, 2025

free news
Exim India web site
JANUARY 23, 2025
  • Sonowal launches INR 2,000 crore worth projects to expand capacity at JN Port
  • India analyses import basket as Trump era begins
  • Tariffs seen hurting US shippers and further pressurising freight rates
  • FIEO and Credlix sign MoU to empower Indian exporters
  • Govt aims at $250 bn engineering exports by 2030: Barthwal
  • WTO, WCO ink agreement to boost cooperation in trade and Customs matters
  • DGFT notifies extension of duty-free tur import until March 31, 2026
  • Blast at Barcelona Port during maintenance
  • You Ask We Answer
  • VOC Port handles over 8 pc more thermal coal in first 9 months
  • Railways to launch double-decker freight-cum-passenger trains

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International Transport Journal web site
JANUARY 23, 2025
  • Azeri-German partnership on the Middle Corridor
  • Common ground for expo logistics
  • Dachser doubling down up north
  • Germany's green grid strengthened by LHG operation
  • SBB Cargo investing in standardisation
  • 13 years and counting as #1, thanks to three runways
  • A CIO for MBS
  • Adding airfreight capacity in Saudi Arabia
  • Ram Cargo expanding footprint in the Americas
  • "Curiosity of the Day"
  • Rail sector urgently needs better infrastructure
  • Alexandria welcomes new IMO regional hub
  • LH Cargo welcomes regional executives

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The Loadstar web site
JANUARY 22, 2025
  • EU pledges 'proportionate' response to new Trump tariffs
  • Ecommerce traffic will help ward off new threats to air cargo demand
  • Analysis: Can the Gemini network do it on-time?
  • Ambitious plans to revive US shipbuilding sector come under fire
  • Rose grower sues DSV over 'bait and switch' forwarding move
  • Maersk splashes out on more chartered tonnage for Gemini
  • Lessons must be learned from bitter USEC labour contract dispute
  • More changes to Chapman Freeborn European cargo team

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Marine Log web site
JANUARY 22, 2025
  • Innovative liquid hydrogen tank tech gets ABS AIP
    In a development that validates large-scale liquid hydrogen tank technology for shipping, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has received approval in principle (AIP) from ABS for a tank design
  • TTB 2025: Barge innovations as key components of U.S. supply chains
    As a new administration takes shape in Washington, D.C., the maritime industry, including the barge sector, could face significant shifts that will shape its future. Marine Log's TTB 2025, set for March
  • Houthis release crew of hijacked car carrier Galaxy Leader
    Yemen's Iran-aligned Houthis have released the crew of the Galaxy Leader more than a year after they seized the vessel off the coast of Yemen, Al Arabiya reports the Houthi-controlled Al Masirah
  • USCG Commandant Linda Fagan relieved of duties
    The first woman to lead the U.S. Coast Guard, Admiral Linda L. Fagan, has been relieved of her duties as Commandant. Members of the service learned of the change in the following

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Container News web site
JANUARY 22, 2025
  • MOL acquires majority stake in Gearbulk
    Mitsui O.S.K. Lines (MOL) announced that, following regulatory approval under competition law, it acquired a 72% stake in Gearbulk Holding AG on 20 January 2025. This acquisition transitions Gearbulk from an equity-method affiliate to a consolidated subsidiary. Gearbulk, a company in the transportation of semi-finished products such as pulp, has a strong history of growth. MOL and Gearbulk have m
  • Euroseas sells feeder boxship
    Greek owner and operator of container vessels Euroseas announced the sale of the boxship Diamantis P, through its wholly owned subsidiary Euroholdings. The vessel Diamantis P, a feeder ship with a capacity of 2,008 TEUs, built in 1998, was sold for approximately US$13.15 million. The vessel was delivered to an unaffiliated third party on 15 January 2025. Aristides Pittas, Chairman and CEO of Euro
  • Shippers target contract innovations as ZIM isolated by Suez revival
    Yemen's Houthis announced the end of their Red Sea blockade all except Israeli shipping, ZIM isolated, as shippers call for contract innovation to meet the new situation in the region.
  • QUAD Alliance reactivation to shape dynamics in Indian Ocean
    The recent geopolitical developments highlighted by the first quadrilateral defense meeting hosted by the new US Secretary of State and the unveiling of Iran's underground naval missile base introduce significant variables that could influence maritime security and trade dynamics, particularly in the Indian Ocean region.
  • ICTSI's Onne Multipurpose Terminal enhances operations with equipment investment
    Nigeria's Onne Multipurpose Terminal (OMT), operated by International Container Terminal Services, Inc. (ICTSI), has introduced two new mobile harbour cranes (MHC) and a container freight station (CFS) to enhance its operations. The newly acquired cranes, valued at over US$25 million, will boost OMT's container handling capacity, reduce vessel turnaround times, and optimize overall cargo operatio
  • CMA CGM raises rates for Northern Europe and Mediterranean shipments
    French ocean carrier CMA CGM has announced increases in its rates for shipments to Northern Europe and the Mediterranean. The company has announced the implementation of a Peak Season Surcharge, effective from 1 February 2025, for shipments from the South America West Coast to North Europe, including Scandinavia, Poland, and the Baltic region. For shipments originating from Ecuador and Colombia,
  • Top Dissertation Writing Services Websites You Can Easily Access in 2025
    World-wide students need help with their academic responsibilities and simplify the path for them. We dedicate our help to them committed to solving their educational hassles, we carefully curate blogs and resources so that students find studying easy and more accessible with support and learning every step of the way. We are academically dedicated and aim to provide excellence with our proficien
  • COSCO posts largest growth in scrubber-fitted boxships
    COSCO Shipping Lines registered the largest increase in scrubber installations among liner operators in 2024, adding 417,827 TEUs of ships fitted with exhaust gas cleaning systems, according to Alphaliner.
  • A Guide to Customizable Storage Units for Your Needs
    Self-storage units are more about offering customized facility solutions to fit individuals with particular needs that are not covered by the normal facilities available in a storage unit. Be it storing personal stuff, seasonal goods, or business inventories, you are allowed to customize space and features as per your need. In short, self-storage has grown over time from mere simple spaces to ver
  • Container sector bullish after stellar 2024, but downside risks could prompt 2025 slowdown
    The time charter (TC) rates for post-panamax container vessels rose by 111% year-on-year (y-o-y) in 2024, hitting US$73,330/day, and has led to a huge uptick in newbuild orders and a slowdown in demolitions, according to Veson Nautical's 2024 End- Of-Year-Report. The report states that the bullish market conditions for the container sector are reflected in the TC rates as well as the 76% y-o-y in
  • Lithuania launches green hydrogen and electricity-powered ship
    Lithuania has launched its first green hydrogen and electricity-powered vessel, commissioned by the Klaipeda State Seaport Authority. Designed with zero environmental impact, the ship will collect waste from other vessels entering the port. Algis Latakas, Director General of Klaipeda State Seaport Authority, stated: "We have not only launched a tanker, but also a new approach to port operations -
  • NWSA handles over 3.3 million TEUs in 2024
    The North West Seaport Alliance (NWSA), a partnership between the ports of Tacoma and Seattle, reported total container volumes of 304,748 TEUs in December, representing a 16% increase from the same month in 2023. NWSA noted that it achieved a significant 20% growth in total international container volumes in the last month of the year. For the whole of 2024, NWSA's box throughput rose 12.3% year
  • LHG and partners complete heavy cargo project in Germany
    On 20 January, Lübecker Hafen-Gesellschaft (LHG), in collaboration with heavy cargo specialists Thömen Spedition from Hamburg and Baumann Move from Bornheim, successfully unloaded and transported two transformers weighing a combined total of 572 tonnes. Measuring approximately 12 meters in length and 3.5 meters in width, these transformers were transported to Stockelsdorf, Schleswig-Holstein, Ger
  • Maersk suspends Transpacific service in light of Gemini's network launch
    Maersk has announced the suspension of the TPX service, once the Gemini Cooperation's "Network of the Future" takes effect in February. Maersk's TPX service covers North and East China, as well as North East Asia, to Pacific North West, including Alaska. "With the introduction of the Network of the Future, we will wind down the service in the coming weeks and continue to connect the concerned are
  • Disruptions Meet Progress in Suez Canal
    Despite the Houthis' recent commitment to cease attacks on non-Israeli commercial ships following the ceasefire agreement between Israel and Hamas on 19 January, shipping analysts from Drewry do not believe there will not be a quick return to normal operations through the Suez Canal. The maritime industry remains entangled in a complex situation, with the fragile state of the Gaza ceasefire and t
  • Maritime efficiency becomes crucial amid new IMO environmental regulations
    A new publication from the Maritime Emissions Reduction Centre (MERC) emphasizes the need for efficiency measures to be implemented across

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Splash web site
JANUARY 22, 2025
  • Asyad Shipping charts Oman IPO course
    Oman's state-controlled logistics giant Asyad Group has moved to sell shares in Asyad Shipping through an initial public offering. Crédit Agricole Corporate and Investment Bank and Société Générale have been appointed as joint bookrunners for the group, which plans to sell a stake of at least 20% in Asyad Shipping and float it on the ...
  • New Dayang lands product tanker debut
    Chinese builder New Dayang best known for its shipbuilding know-how in the dry bulk segment has sealed its first order for product tankers. The shipbuilding arm of state-run machinery manufacturer Sumec Group has been commissioned to build four MR units for what it described as "world-renowned shipowners". Delivery details and financial terms have not been ...
  • Prima Marine in for six product tanker newbuilds
    Thai owner Prima Marine has placed an order for six small product tanker newbuilds at China's Ningbo Zhenhe Shipyard. The deal with an undisclosed value covers 73-m-long 2,499 dwt vessels based on FKAB design and tailor-developed for easy and efficient operation in Thailand's coast and rivers. Delivery details have not been divulged. The newbuilds will ...
  • Houthis release Galaxy Leader crew after 430 days in captivity
    After 14 months and three days in captivity, the crew of the Galaxy Leader car carrier was released on Wednesday. The vessel's crew, made up of 25 nationals from Bulgaria, Ukraine, the Philippines, Mexico and Romania, was captured on November 19, 2023, when armed Houthis stormed the ship via helicopter. This started the Red Sea shipping ...
  • Aker Solutions forms partnership for work on Vår Energi assets
    Norway's Aker Solutions has entered a strategic partnership agreement to deliver maintenance and modification services on Vår Energi-operated assets on the Norwegian Continental Shelf. The partnership, which also includes Honeywell and StS-ISONOR, will work under a five-year deal with the option to be extended up to 11 years. Vår Energi's operations span the entire Norwegian ...
  • Integrated Wind Solutions secures one year extension for CSOV
    Commissioning service operation vessel (CSOV) owner Integrated Wind Solutions (IWS) has secured an extension of the charter contract for one of its vessels. The company won a 12-month extension for the IWS Skywalker CSOV. The charter is scheduled to begin at the end of the second quarter of 2026, in direct continuation of the current ...
  • Equinor taps BW Offshore for Bay du Nord FPSO pre-FEED
    Floater specialist BW Offshore has been awarded a contract for the pre-FEED study of the Bay du Nord FPSO by Norwegian oil major Equinor. Andreas Sohmen-Pao's company said in a social media post that the Bay du Nord development marks an exciting step forward for the offshore energy sector in Canada. The project consists of ...
  • Havila Shipping disputes lenders' allegations of default
    Norwegian OSV owner and operator Havila Shipping is disputing allegations of default that have been made by three different banks. As part of Havila's restructuring deal, three banks and bondholders had planned to have their debt settled by the end of 2024. Alongside this, these banks decided to extend the agreement for another year related ...
  • Medkon takes another Contships vessel
    The aggressive fleet buildup seen at Medkon Lines of Turkey shows no sign of slowing with Alphaliner reporting it has bought its ninth secondhand container vessel in the space of less than a year. The Medkon fleet now stands at 23 ships. Medkon has moved for the 1,100 teu Contship Med, paying Contships Management $7m ...
  • LR apologises for its role in the slave trade
    British class society Lloyd's Register (LR) has apologised for its role in the transatlantic trafficking of enslaved African people following a re-examining of its history and involvement in these acts. Britain was a major participant in the transatlantic trafficking of enslaved African people. From 1640 to 1807, British ships made around 10,000 voyages, forcibly taking ...
  • U-Ming diversifies into LNG
    U-Ming Marine Transport has made good on its vow to enter the LNG trades. The Taiwanese shipowner signalled last June its intention to get into the gas business as it outlined fleet expansion plans to get its fleet to the 100-ship mark. It has since inked an agreement with Kawasaki Kisen Kaisha (K Line) to ...
  • Seoul seeks ways to pool resources of the nation's top three shipbuilders
    As it sees its global market share heavily eroded by China, the South Korean government is looking to pool resources among its leading shipbuilders to remain competitive. The Korean government has met with the chief technology officers of the country's top three shipbuilding companies, HD Hyundai Heavy Industries, Samsung Heavy Industries, and Hanwha Ocean, to ...
  • AMSC moves to liquidate as Solstad Maritime heads for Oslo Stock Exchange
    AMSC has revealed plans to liquidate the company as Norwegian offshore vessel owner Solstad Maritime moves for listing on the Oslo Stock Exchange. The Kjell Inge Røkke-dominated outfit, once known as American Shipping Company, holds a 19.6% stake in Solstad Maritime equal to about 91.4m shares which it intends to distribute to its shareholders, and ...
  • Vineyard Wind restarts six months after blade break
    Vineyard Wind, the largest operating wind farm in the US, has started generating power again after a six-month halt due to a blade breaking and falling into the water. A blade from one of the planned 62 turbines suffered damage and broke back in July last year leading to a total shutdown of the project. ...
  • Economou heads to China for next round of boxship orders
    George Economou looks like he is doubling down on his return to containers. Splash reported last month on the Greek shipping tycoon's first container play since quitting the sector in 2020 with Cardiff Marine, one of Economou's owning vehicles, ordering four 7,900 teu ships at HJ Shipbuilding & Construction (HJSC) in South Korea. Now Alphaliner ...
  • Santos delays huge oil and gas project off Western Australia
    Australian energy major Santos has put its plans for the A$3bn ($1.87bn) Dorado oil and gas project in Western Australia on hold. Santos, as the Dorado JV operator, has decided not to purchase the FPSO vessel that was identified as an option for the project's first phase. The company also opted not to enter the ...
  • EU launches project to investigate human rights at sea
    The European Union is investing in growing protections for persons at sea with the newly established BlueRights project. The study investigates how the most fundamental universal human rights - the right to life, liberty and health can also be granted to people at sea, and what states and other actors must do to achieve this ...
  • Amid depressed rates environment, bulk carriers slow down
    The dry bulk market is in its traditional pressure period between Christmas and Chinese New Year. The severity of the downturn is highlighted by the fact that January average bulker speeds across the globe are at lows not witnessed for more than a decade, according to data from Banchero Costa (see chart below). Monthly average ...
  • Hull cleaning study shows when ships should head to drydock
    A new study shows a way to calculate when a hull needs to be defouled, so that drydock time can be scheduled optimally, reducing costs and emissions. Researchers at Sweden's KTH Royal Institute of Technology developed a model for estimating the speed and extent of biofilm growth, which could enable ship operators to schedule hull ...
  • Navigating shipping's most pressing challenges
    Emanuele Grimaldi, the chairman of the International Chamber of Shipping, writes for Splash today. In an era marked by growing uncertainty, knowledge and trusted sources are more powerful than ever. The International Chamber of Shipping's annual Barometer survey, the fourth edition of which was recently launched, obtains critical insights into the evolving risks and challenges ...
  • Trump's sweeping changes wash across maritime
    Among sweeping changes brought in by the new Donald Trump administration, a new chairman of regulator, the Federal Maritime Commission (FMC), has been announced while Coast Guard Commandant Admiral Linda Fagan has been ousted with her deputy appointed in an acting role. In 2022, Fagan became the first woman to lead a branch of the ...
  • OceanPal clears out final capesize
    Greek Nasdaq-listed owner OceanPal has confirmed its exit from the capesize bulker segment with the sale of the 2005-built Salt Lake City. The 171,800 dwt ship, one of the three older bulkers Diana Shipping spun off into OceanPal when the company was established in 2021, has fetched $16.1m from undisclosed buyers. Multiple shipbroking outfits recently ...

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Lloyd's List web site
JANUARY 22, 2025
  • Panamax and supramax rates at multiyear lows as bulker slump worsens
    There's nothing unusual about depressingly low dry bulk spot rates in the first quarter, but there could be more than...
  • Russian 'spy ship' gathering intelligence on UK's underwater infrastructure
    The vessel has sailed through the English Channel twice since November, disabling its AIS for parts of the voyage in...
  • Houthis say Galaxy Leader's crew released
    After 430 days under Houthi captivity, the crew of Galaxy Leader has been released, according to statements by the Houthis...
  • Asyad offers 20% of shipping division in IPO
    The Oman-based logistics company will list shares equivalent to a fifth of Asyad Shipping on the Muscat Stock Exchange
  • Liability and compensation rules need alt fuels overhaul, IMO told
    Countries have asked the IMO to look for gaps in liability and compensation rules to clarify who must clean up...
  • Crude oil tanker fleet growth records 23-year low
    With low levels of recycling during the past two years and limited new deliveries the average age of the crude...
  • Hull & machinery rates to stay soft in 2025, Gallagher predicts
    String of Red Sea losses means proceeds of war risk can no longer cover up for underperforming lines
  • Alexandratos highlights shipping's massive contribution to Greek economy
    George Alexandratos was elected last week to head the official advisor to the Greek government on maritime matters
  • More than 20 maritime workers killed by Russian attacks, Ukraine says
    Ukraine said the conflict has left seven seafarers dead and more than 300 pieces of Ukrainian port infrastructure damaged
  • Crimea caller sails for Libya in Russian power play
    A bulk carrier is on its way to the Libyan port of Misurata after loading in occupied Feodosia
  • Royal Caribbean boosts cruiseship orderbook at Chantiers de l'Atlantique
    Royal Caribbean Group confirms newbuilding agreement for 3,000 passenger cruiseship. The shipbuilding contract is subject to financing
  • MSC adds to fleet with more secondhand boxship buys
    The market for secondhand containerships shows no sign of abating, with a raft of deals being concluded recently, while MSC...
  • Eagle S detained for a second time by Finnish court
    Three companies that owned undersea cables, which were allegedly damaged by the tanker, applied to the court for the seizure...
  • China dominates global shipbuilding with seven of top 10 yards in 2024
    Last year, the top three individual shipyards globally in terms of order wins were all Chinese. Policy support, a weaker...
  • The Daily View: Buckle up
    Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
  • U-Ming ventures into LNG shipping through partnership with K Line
    Joint venture will expand U-Ming's shipping portfolio beyond dry bulkers and tankers
  • New US administration, new leaders of US maritime regulation
    There will be many changes under the second Trump term. Most immediately for maritime businesses, there is a new chairman...
  • Daily Briefing
    China's shipbuilders ride order boom to new heights, but geopolitical headwinds loom | Big questions remain on IMO carbon price...

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The Journal of Commerce web site
JANUARY 22, 2025
  • Southern California ports ready to defend green initiatives from Trump White House
    Officials at Los Angeles and Long Beach say they are prepared to do what is necessary should the new administration target green policies at the ports.
  • Maersk rejigs standalone services ahead of Gemini Cooperation launch
    The ocean carrier made the changes ahead of the launch of its partnership with Hapag-Lloyd, referring shippers to the new alliance's services as an alternative.
  • ECSA-US spot rates weaken rapidly after hitting record high in Q4
    New services entered the trade last year amid elevated rates and high demand, but a seasonal lull is putting pressure on prices with plentiful space now on the lane.
  • Transshipment networks to give Gemini-linked boost to India-US trade
    Hapag-Lloyd and Maersk will alternatively use feeder connections to relay Indian loads to the US East and West coasts over Gemini hub ports in Asia.
  • Gemini Cooperation on cusp of launching bold experiment in service networks
    By promising 90%-plus schedule reliability using a hub-and-spoke model, the Maersk/Hapag-Lloyd alliance is tacking

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TradeWinds web site
JANUARY 22, 2025
  • Evergreen eyes switch to LNG over methanol for next large container ships
    Will Taiwanese liner operator join the LNG-fuelled liner crush?
  • Vincent Clerc plays down impact of mooted US duty on Chinese-built ships
    AP Moller-Maersk chief executive says company would deploy South Korean and Japanese ships to US routes 'but there wouldn't be enough'
  • Chinese soy imports flow moves away from US as trade war fears mount
    Panamax supported by Asian importer upping Brazilian soy supplies
  • Big payday approaches for Frode Teigen as major Belships investors line up to sell to EnTrust Global
    Majority shareholder is set for the largest gains if the deal goes through
  • Asyad Shipping launches IPO and plots $2.7bn of investments
    Investors offered 20% stake as company plots float on the Muscat Stock Exchange
  • Long-term LNG rates holding up, indicating anticipated market tightening towards 2030
    But sector currently seeing rise in vessels idling with increased lay-up, scrapping or repurposing expected
  • Zero demand growth for dry cargo shipping in 2025, says Fearnleys
    Bulker fleet will continue to expand with new deliveries, with some segments growing more than others
  • Performance Shipping takes pay cut to extend Glencore aframax charter
    Greek owner $4,000 per day short of previous two-year level with trader
  • Boskalis confirms $143m purchase of US fund's offshore fleet
    Addition of Pride and Pioneer gives Boskalis a fleet of eight CSVs
  • Lloyd's Register 'deeply sorry' for part played in slave trade
    Grant of £1m 'just the beginning' of plans to fund understanding of British shipping's role in the 18th and 19th-century slave trade
  • Chinese demand question hangs over tanker market as Iran and Russia crude patterns shift under sanctions
    Lower Chinese demand held down VLCC rates to end 2024 and could still be a factor even without Iran
  • Houthis release Galaxy Leader crew 14 months after hijacking of ship sparked Red Sea crisis
    Yemen-based group announce move after discussions with Hamas after ceasefire deal
  • Tanker S&P activity heats up after massive US sanctions on Russia
    Reported deal for crude tanker pair sparks speculation about buyers' motives
  • Gianluigi Aponte's MSC linked to forward charters for string of George Youroukos container ships
    Liner giant block charters from the Global Ship Lease and Technomar stable
  • Navios Partners leads Greek panamax sales drive in fresh batch of S&P deals
    Increasing number of Hellenic owners clear out their legacy vessels to Far Eastern buyers
  • 'Do more research', SEA-LNG chairman Peter Keller urges non-LNG fuelling converts
    Industry lobby group tags 2024 as growth year with bio-LNG increasing and e-LNG available from 2026
  • Navios Partners leads Greek panamax sale drive in fresh batch of S&P deals
    An increasing number of Greek owners clear out their legacy panamaxes to Far Eastern buyers
  • Uglands Rederi and Sandvik family join Costamare offshore newbuilding push
    Norwegian owner and designer have stake in Greek-led venture building vessels at PaxOcean
  • Sustainable ceasefire? Shipping giants mull Red Sea return plan after Houthis pull back
    Swift resumption of the situation before the Israel-Hamas war broke out is unlikely
  • VLCC fleet shrinks as crude tanker deliveries hit 36-year low
    Bimco figures show shipyard handovers dropped 74% last year
  • Christen Sveaas-backed Sea1 Offshore engages three banks for bond issue in dollars
    Fundraising proceeds to be used for newbuildings and dividends
  • Methane abatement coalition targets three technologies with potential to cut maritime emissions
    Feasibility studies completed, with onboard trials next on agenda
  • 'We're watching': Ardmore ready to pounce on secondhand ships in volatile tanker market
    New leadership team playing close attention to exciting sector
  • Idan Ofer and Constantine Logothetis-backed venture to speed up extraction of fuel oil from ships' slops
    SulNOx wins Nigerian patent to improve separation process
  • Houthi attacks on shipping likely to resume due to fragile Gaza ceasefire deal, warns S&P
    Analyst warns all phases of ceasefire unlikely to be secured, sparking return to Red Sea threats
  • Christen Sveaas-backed Sea1 Offshore engages three banks for dollar bond issue
    Bond proceeds to be used for newbuilds and dividends
  • Shipping has 'a lot to learn' from football, says new Grieg managing director Hege Leirfall Ingebrigtsen
    Former football leader believes the ability to cultivate a culture of collaboration is key to success
  • Banks threaten Havila Shipping with default in refinancing row
    Lenders say debt conversion and bond issue constitute breach of restructuring terms
  • BW LPG banks $14m profit from trading division in strong finish to year
    Singapore VLGC giant says BW Product Services made $93m in total last year
  • Kjell Inge Rokke liquidates shipping investment firm to pave path for Solstad listing
    AMSC to be wound down and shareholders compensated with Solstad stock
  • Dutch logistics player Mercurius books chemical tanker pair at reborn Chinese shipyard
    Deal brings the company's total order with Jiangxi New Jiangzhou to six tankers
  • Court orders seizure of dark fleet tanker suspected of cutting undersea cables
    Eagle S now under double detention followed alleged sabotage
  • Norwegian M&A and IPO activity tipped to rise after stock exchange exits and transfers in shipping and offshore
    Law firm Wiersholm sees 'uptick in transactions, supported by strong investment capacities'
  • Bulker builder New Dayang breaks into tanker segment with $180m four-ship order
    However, shipbuilder is remaining silent on which company is behind its tanker debut
  • U-Ming breaks into LNG via newbuilding tie-up with Japanese giant
    Taiwanese shipowner has teamed up with K-Line on one LNG carrier newbuilding at Samsung Heavy Industries
  • BHP's iron ore production inches up 1% for second half of 2024
    Australian mining giant boosted by supply chain improvements and debottlenecking at port
  • Risks everywhere with conflicts and new leaders, says insurance broker Gallagher
    Profits from war risk underwriters are less significant in propping up marine insurance market than latest cycle
  • Boskalis confirms $143m purchase of US fund's offshore fleet
    Addition of Pride and Pioneer gives Boskalis a fleet of eight construction support vessels

news on subscription
American Shipper web site
JANUARY 22, 2025
  • US says China pressed unfair advantages to dominate shipping, shipbuilding
    An investigation by the United States trade representative found evidence of wide-ranging plans by China that have helped it dominate the global ocean shipping and shipbuilding industries.
  • ITS rates West Coast port drayage, rail ops as 'elevated' but 'running smoothly'
    There are no major bottlenecks for North American container port drayage and rail ramps, according to ITS Logistics' January U.S. Port/Rail Ramp Freight Index.
  • Sola to head Federal Maritime Commission
    Louis Sola has been designated by President Donald Trump as chairman of the Federal Maritime Commission. Sola, a Republican, has served as an FMC commissioner since 2019 when he was nominated during the first Trump administration. The FMC is an independent federal agency responsible for regulating international ocean commerce as it relates to U.S. interests. [...]

››› File
FROM THE HOME PAGE
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the first half of 2025, container traffic in the port of Gioia Tauro grew by +10.5%
Joy Taurus
2,186,211 TEUs were handled
A bulk carrier was attacked in the Red Sea
Portsmouth
The crew abandoned the ship which began to take on water
German government allocates 400 million euros to support energy transition in maritime-port sector
Over 78 million euros to the ports of Augusta and Taranto for offshore wind
Rome
Funds distributed over three years starting from 2025
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
Rijeka Gateway Terminal to become operational in early September
Copenhagen
The first ship at the second container terminal of the Croatian port is expected on September 12
Falteri (Federlogistica) urges us to focus on the development of "polycentric" logistics
Genoa
The Simplified Logistics Zone should be the cornerstone of the strategy
Tsuneishi Shipbuilding Co. acquired Mitsui E&S Shipbuilding Co.
Hiroshima/Tokyo
It was renamed Tsuneishi Solutions Tokyobay Co.
Pessina (Federagenti): Northern European logistics system is struggling. Let's take advantage of it!
Rome
Unexpected opportunity - he underlines - for the Mediterranean ports and Italian ones in particular
MSC Cruises Joins Carnival and Royal Caribbean in Capitalizing on Grand Bahama Shipyard
Miami
Negotiations underway since the end of 2024 have been successfully concluded
At The International Propeller Clubs the Dorso Award for the Mediterranean area
Naples
In recognition of the primary role played by logistics operators in Mediterranean traffic
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