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01 July 2025 - Year XXIX
Independent journal on economy and transport policy
22:45 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
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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