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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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February 27, 2025

free news
Exim India web site
FEBRUARY 27, 2025
  • DP World Mundra welcomes first call of new Gemini Cooperation service
  • CWC spearheads 'Abhiuday' meet, unveils bold new logistics initiatives
  • India, Korea, Thailand seen vulnerable to US tariffs: S&P
  • Palm oil imports likely to dip: SEA
  • Chennai Port surpasses single day cargo handling benchmark for four straight days; excels in RoRo operation, gate movement
  • Govt committed to ensuring regulatory stability and enhancing Ease of Doing Business: Goyal
  • Global economic landscape becoming more fragmented: Analysis
  • India, UK look to double or treble bilateral trade
  • Vadodara Logisticians Meet 2025 a grand confluence of trade, networking & skill development
  • You Ask We Answer

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International Transport Journal web site
FEBRUARY 27, 2025
  • Cargo-Partner ups climate-neutral transports
  • Freight trains have a systematic braking problem
  • Ship managers call for changes to IMO net-zero framework
  • Panattoni completes logistics facility in Aylesford
  • Emirates SkyCargo - more dynamic and flowing design
  • Champ Cargosystems' hackers are the champs
  • Bifa's Steve Parker to address cargo insurance conference...
  • Ports of Indiana appoints Parrott as COO
  • "Curiosity of the Day"
  • 780,000 truck shipments shifted by rail
  • Norsepower and Syroco form AI alliance
  • LIT launches express subsidiary

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The Loadstar web site
FEBRUARY 26, 2025
  • MSC switches bigger box ships to higher-paying trades in 'landmark' move
  • Carriers warn of cargo disruption due to strikes at Munich Airport
  • WiseTech: Richard White, back as exec chairman, tries to reassure investors...
  • Truckers say cargo logjams at Nhava Sheva are testing supply chains
  • Ocean freight futures insight
  • Amid 'a war economy', EU drops key supply chain pledges from green deal
  • An 'anxiety doom spiral' appears as AI advances in supply chains
  • Forwarders vexed by the many updates to Russian sanctions regime
  • Cosco launches Ecuador-China service for faster banana deliveries
  • Kenya Airways eyes bigger freighters to cope with demand
  • Asiana completes sale of cargo business to Air Incheon

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Marine Log web site
FEBRUARY 26, 2025
  • 16,828 TEU OOCL Iris sets new Port of Savannah size record
    The OOCL Iris became the largest capacity vessel to ever call the Port of Savannah, when it arrived at Garden City Terminal Tuesday, Feb. 25. With a maximum capacity of 16,828 twenty-foot
  • Furetank completes milestone bio-LNG bunkering
    Donsö, Sweden-headquartered Furetank, a pioneer in the LNG-fueled tanker sector, reports that its tanker Fure Viken has been bunkered with 200 tonnes of ISCC certified bio-LNG, in collaboration with environmental commodity trader
  • Weight input error led to President Eisenhower container loss and damage
    The National Transportation Safety Board has released its report into a February 6, 2024 incident in which the U.S.-flag containership President Eisenhower lost 23 shipping containers overboard and another 10 were damaged.

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Container News web site
FEBRUARY 26, 2025
  • Global trade under fire: Navigating turbulent waters of Trump's protectionist policies
    WinGD introduces X-DF-M platform with largest ever methanol-fuelled engine
  • China launches largest methanol marine engine
    Swiss marine power company WinGD is set to deliver its inaugural methanol-fueled engine to a shipyard following successful factory and type approval tests. The engine, a ten-cylinder, 92 bore X-DF-M, is designed for a 16,000 TEU container ship and stands as the largest methanol-fueled engine constructed to date. Currently, there are 56 orders for X-DF-M engines spanning bore sizes from 52 to 92,
  • ZeroUSV debuts first autonomous uncrewed surface vessel
    British SME ZeroUSV is nearing the launch of the world's first charter fleet of fully autonomous uncrewed surface vessels, starting with the Oceanus12, which was recently set afloat at Manor Marine in Portland, Dorset. This vessel is now poised for commissioning and integration trials from its home port in Plymouth, England. The rollout of the Oceanus12 series is ongoing, with no slowdown in sigh
  • US tariffs on Chinese-built boxships to cost shippers millions
    Netherlands-based consultancy Dynaliners estimates the cost of the charges that are proposed on Chinese-built ships calling at US ports could be as much as US$500 million at just one port. US Trade Representative's office, responding to complaints about the loss of jobs to China from US trade unions, is proposing charges of up to US$1.5 million per ship, per port call on Chinese-built vessels in
  • Shipbuilding at Epicenter of India's US$3 Billion Maritime Push
    India's strategic move to bolster its maritime infrastructure through a significant US$3 billion maritime development fund underscores its intent to enhance its shipping, economic and geopolitical stature on the global stage. This initiative, announced by India's Finance Minister Nirmala Sitharaman, aims to strengthen the nation's shipbuilding and repair industry, with India ambitiously striving
  • Industry leaders launch Smart Container Alliance
    The Smart Container Alliance has been officially launched to drive the adoption of cutting-edge smart container technology. This initiative aims to unite industry stakeholders in a collective effort to enhance cargo traceability, fortify maritime trade, and support global enforcement agencies in the fight against criminal networks. The Smart Container Alliance aims to advance industry standards,
  • Ocean carrier schedule reliability remains steady, with Maersk leading the rankings
    Throughout 2024, schedule reliability stayed largely within 50-55%, according to the latest Sea-Intelligence's report. The new year has started in a similar manner, with schedule reliability continuing to remain within that range. Source: Sea-Intelligence.com, GLP Report, issue 162 Incidentally, the January 2025 score of 51.5% is the same as in the first month of the previous year, while on a mon
  • Proposed US port call fees for Chinese vessels latest to roil container market: Freightos Analysis
    More proposed US policy changes unveiled last week are once again roiling international trade in general and ocean freight in particular. These steps included President Trump signing a memorandum advising federal agencies to research and take steps to prevent Chinese investment in certain US industries, including ports and shipping, and a commerce secretary proposal that all foreign vessels pay a
  • ONE and Portchain mark one year of digital berth alignment collaboration
    Ocean Network Express (ONE) and Portchain have completed the first year of their collaboration for the digitalization of ONE's berth alignment process with terminals. This initiative has delivered improvements in operational efficiency, sustainability, and facilitated the adoption of Just-In-Time (JIT) port calls, according to a Portchain's statement. Over the past year, the collaboration has ena
  • MSC redirects mega ships to Med and West Africa amid North Europe trade decline
    MSC has diverted its 19,000 - 24,000 TEU vessels from the Asia-North Europe trade in response to tanking rates, and shifting these boxships to the Asia-West Africa and Asia-Mediterranean routes where the rates are much higher, according to Alphaliner's report
  • Marcura takes over HubSE to revolutionize tanker demurrage claims
    Maritime technology company Marcura has completed the acquisition of HubSE, a UK-based innovator specializing in the automation of oil and chemical tanker demurrage claims. This acquisition establishes Marcura as the first commodity-agnostic provider of demurrage solutions, significantly advancing the simplification of demurrage claims for ship owners and charterers. The merger is expected to enh
  • KEZAD signs 50-year agreement with Bisconni for new manufacturing facility in Abu Dhabi
    The Khalifa Economic Zones Abu Dhabi (KEZAD) Group announced a 50-year land lease agreement that will see the establishment of a state-of-the-art manufacturing facility in KEZAD A (KEZAD Al Ma'mourah). With ambitions to broaden its international reach, Bisconni Middle East Manufacturing is investing AE$110 million (approximately US$30 million) to build a 37,000 square meter facility dedicated to
  • Chinese Influence in Panama Canal Operations Sparks Geopolitical Debate
    Recent discussions have been sparked by claims regarding Chinese control over the Panama Canal and alleged biases against American vessels
  • European Ports 2024: Antwerp Narrows Distance to Rotterdam, Piraeus Loses Ground
    Rotterdam, Antwerp-Bruges and Hamburg have maintained their dominance in the European port rankings in 2024, despite severe geopolitical instability and security challenges. The combined container throughput of the top three European Union (EU) ports increased by 4.4% in 2024, rebounding from a sharp 7% decline the previous year, according to Theo Notteboom, a member of PortEconomics, the organiz
  • Maersk revises Gambia peak season surcharge
    Maersk is revising the peak season surcharge (PSS) for shipments from Argentina, Bahrain, Bangladesh, Belgium, Brazil, Bulgaria, Canada, Chile, Colombia, Croatia, Czech Republic, Denmark, Egypt, Estonia, France, Germany, Greece, Honduras, Hungary, India, Ireland, Israel, Italy, Jordan, Latvia, Lebanon, Lithuania, Malta, Mexico, Morocco, Netherlands, Norway, Oman, Pakistan, Paraguay, Poland, Portu

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Splash web site
FEBRUARY 26, 2025
  • Louis Dreyfus Armateurs to be taken over by French private equity firm
    French family-owned shipowner Louis Dreyfus Armateurs (LDA) has revealed takeover talks with compatriot private equity firm InfraVia. The two companies have entered exclusive negotiations for Paris-based InfraVia to acquire an 80% stake in LDA which currently manages 23 ships in roro, offshore wind support and cable laying segments. The Louis-Dreyfus family would retain a 20% ...
  • Marcura expands with HubSE acquisition
    Maritime tech firm Marcura has acquired UK-based tanker demurrage claims automation provider HubSE. HubSE's specialised oil and chemical tanker expertise will be integrated into Marcura Claims, formerly ClaimsHub. Their combined capabilities will deliver a comprehensive claims management experience with both fully managed and self-service solutions. The acquisition of HubSE reinforces Marcura's v
  • Sapura Energy lands $723m in new contracts
    Malaysian offshore services player Sapura Energy has won multiple contracts worth RM3.2bn ($723m) for its drilling business. The company said in a filing with Bursa Malaysia that Sapura Drilling had won two contracts from PTTEP for the barge-type tender assist drilling rigs, Sapura T-17 and Sapura T-18. The contracts are for five years and an ...
  • Ningbo Marine firms up ultramax pair at Jiangsu Haitong
    Chinese owner Ningbo Marine has added to its ultramax bulker orderbook with two newbuilds firmed up at compatriot yard. The Shanghai Stock Exchange-listed company signed up for up to four 64,000 dwt vessels at Jiangsu Haitong Offshore Engineering Equipment last November. The deal covered two firm vessels at about $37m each with an option attached ...
  • Adhart linked to tanker quartet at New Dayang
    Singapore's Adhart Shipping has been named as the owner behind a debut product tanker order for Chinese bulker builder New Dayang. The subsidiary of state-run machinery manufacturer Sumec Group announced its entry into tanker shipbuilding in January through a deal for four MR units with an undisclosed owner. Newbuilding sources suggest Adhart booked two firm ...
  • Pantheon Tankers in for suezmax newbuild brace
    Greece's Pantheon Tankers has set out to expand its fleet with a fresh newbuilding contract in South Korea. Multiple shipbuilding sources report the deal is in place with HD Hyundai Heavy Industries for a pair of scrubber-fitted suezmax vessels. Genoa-based shipbroking group Banchero Costa has placed a "slightly softer" price tag on each 158,000 dwt ...
  • McDermott taps Navantia's yard in Scotland for subsea work on Trinidad project
    Spanish state-owned shipbuilder Navantia has won a contract for the manufacture of subsea structures from Houston-based subsea and deepwater engineering and construction player McDermott. The contract was won by Navantia's UK subsidiary which controls the Arnish fabrication yard in Stornoway harbour. The year-long contract will see the Arnish team deliver critical subsea components for a ...
  • Tsakos readies nine shuttle tankers at Samsung Heavy
    Greek owner Tsakos Energy Navigation (TEN) has lined up a deal for shuttle tanker newbuildings in South Korea. Brokers in Greece have linked the New York-listed company and Samsung Heavy Industries to a nine-ship contract under the tender launched last year by Petrobras' logistics subsidiary Transpetro. The dynamic positioning vessels come with a price tag ...
  • ExxonMobil to invest around $200m into Australian offshore gas project
    US supermajor ExxonMobil has announced a nearly $200m investment in the Kipper 1B Project, bringing online much-needed additional gas supply from the Gippsland Basin. The project, approved by ExxonMobil subsidiary Esso Australia and its co-venturers Mitsui and Woodside Energy, will utilise the Valaris 107 jack-up rig to drill and install one subsea well into the ...
  • Oldendorff offloads post-panamax
    Oldendorff Carriers is back in the market, selling ships. The latest sale is one of many bulker sales this week, bringing a bit more optimism to the secondhand market. This time, Oldendorff has sold a ship in its favourite segment, selling the 13-year-old, Taizhou Catic-built 93,000 dwt post-panamax Cora Oldendorff to Chinese interests for just under ...
  • Copenhagen Infrastructure Partners buys 480MW UK offshore wind farm
    Danish fund manager and renewables investor Copenhagen Infrastructure Partners (CIP) has taken full ownership of the Morecambe offshore wind project from COBRA Group and Flotation Energy. The financial terms of the transaction are not disclosed. Flotation Energy will remain involved after the transaction as a development partner to the project. Morecambe is a 480MW fixed ...
  • Another cable severed off Taiwan
    Taiwan's coast guard detained a cargo ship and its Chinese crew on Tuesday. The vessel is suspected of damaging the cable connecting Taiwan to its outlying Penghu Islands, Taiwan's coast guard said in a statement. The Togo-flagged Hongtai58 and its eight Chinese crewmembers have been taken to the port of Anping as investigations get underway ...
  • MSC withdraws megamaxes from Asia - North Europe trade
    In what it describes as a "surprise move", Alphaliner is reporting Mediterranean Shipping Co (MSC), the world's largest containerline, has decided to shift all of its 19,200 to 24,300 teu megamax vessels, currently trading between Asia and North Europe, to the Asia - Med and Asia - West Africa trades. MSC, which from the start ...
  • Broker platform wars spark debate
    The creation by five major broking houses this month of Ocean Recap has got the industry talking about how the business of fixing is changing, discussion of which forms the lead in the February issue of Splash Extra. Five of the world's leading shipbroking firms-Arrow, Gibson Shipbrokers, Howe Robinson, IFCHOR Galbraiths and SSY-have united to ...
  • Speed checks point towards bulker fleet heading for two-tier market
    The global bulker fleet is facing a significant slowdown, driven by a combination of factors that are not only causing a decline in average speeds, but also setting the stage for the emergence of what analysts at Veson Nautical believes is a two-tier market. The impact of an ageing fleet in the era of efficiency ...
  • Brokers talk up the pros and cons of platforms
    One of this month's big talking points in tramp shipping has been the creation of a rival to the Clarksons-backed SEA platform, bringing into question the future of fixing. Five of the world's leading shipbroking firms-Arrow, Gibson Shipbrokers, Howe Robinson, IFCHOR Galbraiths and SSY-have united to introduce Ocean Recap - a purpose-built recap and charter ...
  • How do you see life at sea 10 years from now?
    Is life at sea set to become easier, safer, and cheaper to manage? That's sort of the angle posed by 14 questions set by our team alongside our friends at Inmarsat in a new survey seeking reader input on how ship operations will change in the coming decade with results due to be published in ...
  • February 2025 Review
    Shipping is reeling from what could be the most seismic decision to effect the industry yet in the opening weeks of Donald Trump's second term in office. The American president will make a decision, likely in around a month's time, on whether to carry out suggestions made by the office of the US Trade Representative ...
  • Tanker tin foil hats on
    If you have spent the last 40 days or so under your desk wearing a tin foil hat to keep out the geopolitical noise, then you have my sympathy. As the new US administration thrashes about breaking stuff, traders and investors have displayed a curious calm, or perhaps an unwillingness to take a position until ...
  • Dry bulk hard hats on
    As Tropical Cyclone Zeila subsided, Australia's Port Hedland and Dampier iron ore ports ramped up throughput, while at the same time iron ore futures in China fell over 2% to below RMB800 ($110) per tonne. These positives are still outweighed by the negative of weak steel demand in China. But for capesize bulker owners, there ...
  • Containers: Mad as a Hatter?
    Deglobalisation is now a fact. The World Trade Organization is a defunct institution. The US threatens global tariffs and follows a policy of replacing income tax with import tax, believing that suppliers to the US will pay it, not US importers. Other countries and groups will respond. Global supply chains are fracturing and splintering into ...
  • Analyst Abstract
    Tankers We've been here before repeatedly in the 2020s, even Splash Extra has been sucked in by the great VLCC bull run predicted time and again. Could this time be different? Analysts are back in supertanker super bullish mode. "The VLCC outlook does appear to be the best of the tanker asset classes," stated Evercore ...
  • Cautious ship sales mood
    Cautious is the watchword to sum up the sale and purchase scene in February. With the US contemplating taxing Chinese-built tonnage, there is a clear sentiment to pick out Japanese-built ships all of a sudden. "As the Trump 2.0 reality show unfolds, as it does daily, often with singular market-moving tweets, we might as well ...
  • Has the LNG sector passed rock bottom?
    No deep dive into any industry or sector should start with a downer. However, there are no two ways about it - the LNG shipping sector has been in freefall of late and nothing earth-shattering has happened in the first two months of this year to convince people that it will improve drastically. But, there ...
  • The Amazon of bunkers?
    Bunker buying is "broken", according to James Peacock, the founder of XMAR, whose company, founded last year in Cyprus, has set out to give shipping a retail model for bunkers similar to how Amazon transformed online shopping. "Bunker buying is behind the rest of the industry, negotiations on WhatsApp, no clear price comparisons, and little ...
  • Key Shipping Statistics
  • Trade wars? Let's try and break the ice
    Shipping will get caught in the cross hairs of any looming trade war. Our special correspondent considers a couple of alternatives to tariffs and isolation. The wild ride since the January 20 inauguration of the 47th president of the United States looks set to continue. Keeping up with the constantly evolving news cycle has become ...

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Lloyd's List web site
FEBRUARY 26, 2025
  • Dry bulk market shows signs of life as rates and futures rise
    The big question for dry bulk has been: Is this just the normal seasonal weakness, or something more? It's too...
  • EU clean industrial deal receives cautious welcome from shipping
    Europe's Clean Industrial Deal is positive for shipping, as long as it is implemented and governments can find the funding
  • Trump 1.0 tariffs failed to curb China-US trade
    Despite the raft of US tariffs on Chinese goods over the past seven years, there has been no material impact...
  • Tariffs will mean higher cargo insurance premiums
    Correlation could substantially top one to one in worst cases
  • French private equity buys majority stake in Louis Dreyfus Armateurs
    LDA controls a fleet of 23 ships in the offshore, ro-ro cargoship and cable layer sectors. The transaction will fund...
  • Diverging sanctions strategies could leave shipping in an 'impossible' situation
    Conflicting sanctions policies from the world's major trading blocs could make life extraordinarily difficult for the shipping industry
  • Ship lenders are happy to wait and see on Trump tariffs
    Ship financiers, like everyone else, are waiting to see what convulsions Trump 2.0 will bring. But they predict few direct...
  • Incorrect container weights caused lost boxes on containership
    The NTSB found incorrect VGMs were inputted by a booking agent, which resulted in heavier containers being loaded near the...
  • DFDS extends Danish military transport contract
    DFDS ro-ro cargoships can be chartered at short notice for military equipment transport, missions, training exercises and humanitarian disaster relief
  • WinGD catches rival with delivery of first methanol dual-fuel engine
    Swiss marine power company joins rival MAN B&W in producing two-stroke engines capable of using methanol as a fuel
  • Marcura acquires tanker demurrage specialist HubSE
    HubSE's specialised oil and chemical tanker expertise will be integrated into Marcura Claims, the maritime digitalisation platform's solution for processing...
  • No recovery for Red Sea traffic
    Uncertainty is keeping much of the industry from resuming Red Sea transits
  • The Daily View: Much wider problem
    Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
  • Matson chief says USTR proposal part of 'early innings' in US-China trade talks
    'Our feeling is we're in the early innings of a discussion to be had between the US and Chinese governments,'...
  • NDB provides $150m loan to Bocomm Leasing for LNG carriers
    Chinese lessor will use the loan to expand its LNG carrier portfolio, supporting China's goals to reduce emissions
  • FMC drastically reduces Covid-era fine for MSC, from $63m to $16m
    The investigation into Covid-era shipping practices of MSC was initiated by the Federal Maritime Commission in August 2023. The initially...
  • Daily Briefing
    US trade crackdown batters Chinese shipping and shipbuilding stocks | Taiwan coastguard detains cargoship after another undersea cable break |...

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The Journal of Commerce web site
FEBRUARY 26, 2025
  • Triumph acquires broker-focused pricing technology provider Greenscreens.ai
    Acquisition activity in the truckload space continues, with price benchmarking vendor Greenscreens.ai the latest to sell.
  • Soft US freight demand, economic uncertainty restrains truckload pricing
    A drop in consumer confidence, spurred by higher inflation and tariff fears, makes a significant increase in freight demand and truck rates less likely until late in 2025.
  • International intermodal surge continued in January on US West Coast
    Tariff concerns and fears of labor unrest helped grow volumes at key ports along the West Coast last month, with the gains coming at the expense of the Northeast and mid-Atlantic.
  • Supercharge Security with Policy as Code
    See how code-driven policies unify validation & access control, streamlining compliance at scale
  • ILA ratifies new six-year deal with higher entry pay, automation protection
    Labor peace at US East and Gulf coast ports is now ensured through September 2030 after the union's rank and file approved the new labor agreement.
  • Wallenius' 'ambitious' financing framework underpins ro/ro fleet renewal
    Sustainable financing will help the Oslo-listed operator hit net-zero goals, but brings risks with higher capex costs to cover operations of its ro/ro fleet.

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TradeWinds web site
FEBRUARY 26, 2025
  • John Fredriksen becomes second biggest BW LPG shareholder with $171m stake
    Tycoon's Avance Gas has handed over stock to investors following $1bn VLGC fleet sale
  • Shipping 'idiosyncrasies': How one fund gained 39% in a week shorting Avance Gas
    Investor Joakim Hannisdahl says quirks of maritime industry never cease to surprise him
  • Hellenic Tankers denies broker reports of VLCC sale at firm price
    Greek company had been linked to disposal of vessel into Taiwan
  • Private equity fund to grab control of historic owner Louis-Dreyfus Armateurs
    Owner founded 170 years ago says it will invest €1bn in its future once the planned takeover is completed
  • Golden Ocean stock defies earnings miss to post rise
    Fearnleys sees 'some upside risk' on first-quarter estimates
  • Diana Shipping labels time-charter rates as 'a year of two halves'
    Shipowner highlights lower grain and coal shipments behind earnings fall
  • Tankers pin hopes on Opec spring production hikes
    Many, Clarksons included, are looking to the bloc for a boost, but Kpler disagrees
  • London Club takes fight to larger rivals with increase in tonnage
    Chief underwriting officer says small P&I player is looking to secure ships from larger fleets for its portfolio
  • European shipowners 'considerably undermined' EU recycling rules, says Brussels
    European Commission review of scrapping regulations does not rule out further measures to stop owners reflagging
  • LNG shipping market set to tighten from 2027 even under 'worst-case' scenario, says Braemar
    Charterers may need to get a 'little shifty on' with nailing down their LNG newbuildings for upcoming projects
  • Why Trump will need to play the long game to take on Chinese shipping
    Beijing has spent decades building its maritime dominance while the US dithered
  • Study of AI-based navigation could rewrite shipping insurance rules
    NorthStandard-backed project looks at how claims are affected when ships use AI-backed rerouting tools
  • Veteran Saverys family ally Ludwig Criel takes a seat on V.Group board
    UK ship manager also reveals new CEO for V.Ships division
  • Semarak and Megamas enter shipowning with cable-laying newbuildings
    Malaysian and Singaporean renewables and engineering groups line up deals for new vessels
  • Greek owner Contships reveals asset sales and new charters as it publishes financial results for first time
    World's biggest independent owner of boxships between 900 teu and 1,500 teu falls to a loss
  • Danger for tanker demand as Trump plots to revive Keystone XL crude pipeline
    President is keen to resurrect project to move Canadian oil to US refiners
  • Golden Ocean seizes on market weakness to 'significantly upgrade' fleet
    John Fredriksen company reported an earnings miss in its latest financial filing
  • Marcura strikes again with takeover of tanker demurrage player HubSE
    Dubai group snaps up UK industry pioneer
  • Looming shadow of Red Sea return prompts analyst caution on MPCC prospects
    Clarksons and Fearnley keep 'hold' ratings on German feeder owner
  • Furetank completes milestone bio-LNG tanker bunkering to meet new fuel rules
    'New path' opens up for shipping
  • China's biggest ship leasing firm taps $150m to buy three LNG newbuildings
    Loan will be provided by the BRICS' New Development Bank
  • Vitol and Glencore to bank $380m in court battle over non-delivery of Nigeria LNG cargoes
    Case is one of a series involving non-deliveries of gas as prices soared
  • Divers find 'significant' hull breaches in stranded MSC container ship
    Vessel has 'settled firmly' on the seabed after grounding 11 days ago
  • 'Sooner the better': New Stena and NNPC operation draws up list of tanker and gas carrier targets
    Joint venture should be up and running in the second quarter, bosses tell TradeWinds
  • Panamax rates to fall further on China's dwindling demand for grain
    Trend is likely to continue as China ramps up wheat production
  • Chinese ship caught red-handed trying to cut undersea cable, claims Taiwan
    Coast guard says it intercepted veteran cargo ship in the act
  • Taiwan on the offensive against suspected Chinese subsea cable-cutting cargo ships
    Its coast guard claims to have caught rustbucket with sinister intentions red-handed
  • Dark days: What happened to the Russian oil on sanctioned suezmax tanker?
    Vessel loaded at Murmansk on 20 January and is now in ballast, with the whereabouts of the cargo unknown
  • Semarak and Megamas enter shipowning with cable-layer newbuildings
    Malaysian and Singaporean renewables and engineering groups line up deals for new vessels
  • WinGD delivers world's most powerful methanol dual-fuel engine to Cosco
    Chief executive Dominik Schneiter warns of threat to multi-fuel pathway

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American Shipper web site
FEBRUARY 26, 2025
  • After bridge collapse, Port of Baltimore sees second-best year for cargo
    The Port of Baltimore saw its second-best year for cargo, as it continued to recover from the Key Bridge disaster.
  • January freight volumes mixed at Gulf Coast ports
    Gulf Coast ports' January cargo volumes were up in Houston and Corpus Christi, Texas, but mixed in New Orleans.
  • Freightos: Ocean container rates falling but still above year-ago levels
    After months off frontloading by importers that boosted prices, container rates on the trans-Pacific are declining following Lunar New Year, said analyst Freightos.

››› File
FROM THE HOME PAGE
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
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