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24 April 2025 - Year XXIX
Independent journal on economy and transport policy
21:17 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
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
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 conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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