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04 April 2025 - Year XXIX
Independent journal on economy and transport policy
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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. [...]

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FROM THE HOME PAGE
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
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
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
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
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
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
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
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 public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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