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January 29, 2025

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Exim India web site
JANUARY 29, 2025
  • Key government officials to grace CONquest 2025 - Business Forum and Northern India Multimodal Logistics Awards 2025 in New Delhi
  • New service at Kandla Container Terminal to boost coastal trade
  • DGFT launches enhanced Certificate of Origin 2.0 System; designed to simplify the certification process for exporters and enhance trade efficiency
  • 'We expect continued thrust on capital expenditure for physical and digital infrastructure and emphasis on port infrastructure development'
  • CONCOR highlights benefits of e-Filing System for commercial and terminal operations
  • Containers the driving force behind Port of Antwerp-Bruges' total throughput growth in 2024
  • DGTR initiates anti-dumping probe into PVC resin imports from EU, Japan
  • Schedule reliability in 2024 largely within 50%-55%
  • Finished steel imports from China soar by 13 pc in April-Dec.
  • Tajikistan exploring Chabahar for trade links with India, Gulf, Indian Ocean region
  • BLR Airport handles 17 pc more cargo in CY 2024
  • 'We hope to see measures to expedite e-commerce clearances and simplify cross-border online transactions': Gregory Goba Ble, Head of UPS India and Director of MOVIN Express
  • Air India to restart flights to Israel amid ceasefire in Gaza
  • Air Cargo Club of Delhi holds grand Founders Day Annual Ball

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International Transport Journal web site
JANUARY 29, 2025
  • Improved facility doubles rail capacity
  • Throughput growing in Antwerp-Bruges
  • Geodis growing near Paris
  • Ethiopian Airlines re-certified under CEIV Pharma
  • New sales director for CargoCast
  • ONE launches rail/sea connections
  • ECMC cranes for precise sub-sea handling
  • Keeping cool with CO2
  • "Curiosity of the Day"
  • Kinaxia fortifies senior team
  • Aquaculture and whales
  • Extreme weather disrupts European riverine transport
  • Transfreight now works with Palletways in Switzerland

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The Loadstar web site
JANUARY 28, 2025
  • Maersk dismisses fears over capacity constraints at key Gemini port
  • Crew abandons Chinese feeder vessel on fire in the Red Sea
  • Air cargo: yields and friction up, but demand slowing, as trade 'rebalances'
  • Chinese New Year rush and threat of tariffs leaves box ports congested
  • The US Line: DSV template - building world leadership from humble origins
  • More industrial unrest in Bangladesh, more opportunity for India
  • Bernstein: 'Worry on the waves' ahead of Europe's earnings season
  • India needs to get market-ready - fashionably quickly
  • Crime gangs using fake security seals to access China-to-US containers
  • 'Organic growth and selective acquisitions' the way forward for ID Logistics
  • Congestion at box ports still plaguing Europe's inland waterways

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Marine Log web site
JANUARY 28, 2025
  • Harbor Breeze awards AAM contract for CARB-compliant passenger vessel
    Long Beach, Calif.-headquartered Harbor Breeze Cruises has selected Bellingham, Wash., shipbuilder All American Marine (AAM) a contract to design and construct a 108-foot parallel hybrid passenger vessel that will exceed U.S. EPA
  • 9 indicted in massive West Coast ports counterfeit smuggling case
    Federal law enforcement has arrested eight of nine defendants charged in an indictment alleging a conspiracy among logistic companies' executives, warehouse owners and truck drivers to smuggle hundreds of millions of dollars'
  • Sola designated Chairman of Federal Maritime Commission
    President Donald J. Trump has designated Louis E. "Lou" Sola to serve as the Chairman of the Federal Maritime Commission (FMC). Chairman Sola has served as a Commissioner of the FMC since

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Container News web site
JANUARY 28, 2025
  • WACO System selects ABC Cargo Logistic as Colombia representative
    WACO System has announced the appointment of ABC Cargo Logistic as its representative in Colombia, further bolstering its network across South America. Operating from offices located in all major Colombian ports, ABC Cargo Logistic provides a wide range of freight and logistics solutions, including ground, sea, and air freight services, as well as comprehensive customs brokerage. "ABC Cargo Logis
  • Port of Aarhus proceeds with shore power project
    Denmark's Port of Aarhus has an onshore power plant on its way to container ships, which will be the first of its kind in the country. According to a new agreement, the onshore power plant will be supplied by Danish PowerCon. "We are pleased that we can once again collaborate with PowerCon to establish a shore power facility. It will reduce both noise and local particle pollution caused by ships
  • CMA CGM applies overweight surcharge from Med to East Africa
    Marseille-based container line CMA CGM will implement an overweight surcharge (OWS) from the Mediterranean to East Africa, effective from 24 January until further notice. The surcharge applies to dry cargo transported from the West Mediterranean, East Mediterranean and Adriatic region to East African ports. The charge has been set at US$200 per 20' dry container with a gross weight of 22 tons or
  • Portsmouth International Port launches LNG bunkering for cleaner sailings
    Portsmouth takes a significant step towards a cleaner future with its first LNG bunkering transfer at the port. Saint-Malo, the first of two new electric-hybrid ships from Brittany Ferries set to operate from the city, received LNG fuel from the Optimus, a bunkering barge operated by Titan Clean Fuels. Earlier this month, Titan was granted a permit to conduct LNG bunkering operations at Portsmout
  • Port of Savannah adds four electric ship-to-shore cranes
    On 25 January, the Port of Savannah received four new electric ship-to-shore cranes, increasing its fleet at Ocean Terminal to eight Super Post Panamax cranes, all designed by the Finnish port equipment manufacturer Konecranes. Once fully operational and after the completion of berth construction, the eight ship-to-shore cranes at Ocean Terminal will be able to handle two vessels simultaneously.
  • Yangpu Port Develops into Strategic Asset for China
    As the shipping industry is about to enter into a new phase, China's Yangpu Port seems poised to become a major international hub that not only serves China but also has a substantial impact on global maritime trade dynamics. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container
  • December Schedule Reliability Slips, with Maersk Leading Ahead of Alliance Reshuffle
    Danish maritime data analysis firm Sea-Intelligence has published the latest Global Liner Performance (GLP) report, presenting schedule reliability data through December 2024. This summary highlights the key global trends from the report, which covers performance metrics across 34 trade lanes and over 60 carriers. In December 2024, global schedule reliability declined by 0.9 percentage points mon
  • Grain shipments to China drop over 50% amid low demand
    "In January, grain shipments to China are estimated to fall 51% y/y, partly due to a decline in import demand for soya beans caused by low crusher margins. Although Chinese soya bean production decreased 1% y/y in 2024, inventories are high after a surge in imports in the first half of the year. Import demand for maize and wheat has also declined due to record high harvests in China in 2024," sta
  • Hapag-Lloyd launches South East India - Europe Express service
    Hapag-Lloyd has announced a rotation change in its South East India - Europe Express (IEX) service, set to commence in mid-March. As part of this update, Hapag-Lloyd will adjust its German port of call, replacing Bremerhaven with Hamburg (CTA). The updated service rotation will be as follows: Rotterdam (Netherlands) -> London Gateway (United Kingdom) -> Hamburg (Germany) -> Tangier (Morocco) -> C
  • Maersk explores new contract clauses for Gemini customers
    Danish carrier Maersk Line has said it is looking at commercial clauses and including penalties in contracts for Gemini Cooperation contracts. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container News .
  • CMA CGM and COSCO up capacity on MEDEX service as Hapag-Lloyd departs
    CMA CGM and COSCO Shipping Lines are increasing capacity on their joint Mediterranean-Middle East-Indian Subcontinent (MEDEX) service as Hapag-Lloyd is withdrawing from the service with the start of Gemini Cooperation on 1 February. Alphaliner stated that CMA CGM, COSCO and the latter's subsidiary OOCL have upgraded the service, with 10 ships from the French carrier, two by COSCO and one by OOCL.
  • DP World, NSW Ports invest US$250 million to boost Botany's rail capacity
    DP World and NSW Ports are jointly investing US$250 million to expand the rail terminal at Port Botany in Sydney, enhancing its logistics capabilities and solidifying the city's role as a key hub for international trade. NSW Ports is contributing US$92 million to the new facility project that will serve both the Container Terminal and the Logistics Park, a prime example of the global trend of pla
  • Port of Corpus Christi sets record with 206.5 million tons in 2024
    The Port of Corpus Christi set a new record in 2024, moving 206.5 million tons of cargo through the Corpus Christi Ship Channel. This milestone was driven by increases in crude oil and dry bulk commodities, including agricultural products. "The commitment of Port of Corpus Christi customers to deliver American energy and essential goods to our trading partners and allies around the world reinforc
  • Rising risks to inland waterways: Climate resilience needed
    The previous year was the hottest on record globally, with reinsurer Swiss Re reporting natural catastrophe losses exceeding US$100 billion for the fifth consecutive year. According to the Financial Times , 37 extreme weather events in the prior year resulted in losses exceeding US$1 billion each. Projections indicate that insured losses could potentially double within the next decade. In Europe,
  • Hapag-Lloyd revamps Egypt-Europe service network
    German box line Hapag-Lloyd has announced the redesign of its Adriatic Sea Express (ADX) service, which connects Egypt with Italian ports. End of March, Hapag-Lloyd will start its updated Adriatic Sea Express (ADX) service, complementing the Gemini Network's SE1 service between Egypt's Port Said and the ports of Koper and Rijeka. The full port coverage of ADX and SE1 services are as follows: If y
  • CMA CGM announces congestion surcharge in Namibia
    French ocean carrier CMA CGM has announced the implementation of a Port Congestion Surcharge (PCS) in response to the current situation in Namibia. The surcharge will take effect on 1 February and remain in place until further notice. For shipments between Namibia and the United States, Latin America, and Australia, the surcharge will come into effect on 25 February. The surcharge will apply to a
  • What Homeowners Need to Know About Shipping a Mobile Home
    One of the most significant benefits of a mobile or portable home is that it can be moved to a new location with just a bit of careful planning and preparation. Mobile homeowners can enjoy that they don't need to settle in one place, especially when it comes to recreational vehicles. Some mobile homes, like a manufactured home or a trailer, require a bit of extra work to move to a new location. B

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Splash web site
JANUARY 28, 2025
  • Fire forces crew to abandon boxship in Red Sea
    A Hong Kong-flagged boxship exploded and caught fire in the Red Sea, some 226 km northwest of Hodeidah, Yemen. In the early hours of the morning on Tuesday, the 1,930-teu, 2022-built ASL Bauhinia boxship caught fire in the southern Red Sea. The vessel is owned by Shanghai-based Asean Seas Line. The all-Chinese-crewed vessel was on ...
  • Arriva adds to bulker orderbook in China
    Norway's Arriva Shipping has continued its fleet renewal drive with a fresh battery hybrid bulker newbuilding order in China. The Sindre Matre-led company has contracted Jiangsu Soho Marine Heavy Industry to see the 8,000 dwt vessel delivered in the third quarter of 2026. The newbuild will be a sister vessel of the company's Nor Viking ...
  • OKI's AI-driven technology to classify ships using underwater sounds
    Japanese information and telecommunication expert OKI has developed a ship classification AI system technology which automatically classifies ship types through deep learning of underwater sounds. This technology makes it possible to continuously and automatically acquire ship classification data, even in environments such as busy ports with high ship traffic and at night, when visual identificat
  • d'Amico boosts owned fleet with LR1 purchase option
    Milan-listed product tanker owner and operator d'Amico International Shipping (DIS) has snapped up another leased vessel. The Carlos di Mottola-led company has declared a purchase option on the 2019-built LR1 Cielo di Houston costing about $26.5m. The Hyundai Mipo Vietnam-built 74,999 dwt unit has been on bareboat charter from Tokyo Century Corporation, which picked up ...
  • Icon Offshore to become Lianson Fleet Group
    Malaysian OSV owner Icon Offshore has secured shareholders' approval to change its name to Lianson Fleet Group (LFG) as it sets sights on significant fleet expansion. Last year, the Bursa Malaysia listed firm with around 20 OSVs struck a deal that will see it adding 40 vessels, the majority of which from Yinson's founder and ...
  • Seacon snaps up seven Baltic Shipping bulkers
    China's Seacon Shipping has expanded its fleet through a €63.7m ($66.5m) deal for seven modern mini bulkers. The Hong Kong-listed company said in a filing it had purchased the Baltic Fin, Baltic Grain, Baltic Moon, Baltic Wind, Baltic Steel, Baltic Sun and the Baltic Split from Baltic Shipping at $9.1m each. The 3,800-3,900 dwt vessels ...
  • Tidal Transit forms South Korean offshore wind partnership
    UK-based supplier of purpose-design crew transfer vessels (CTVs) Tidal Transit has signed a memorandum of understanding with Britoil Offshore Services and Sky Offshore to develop, fund, build and operate offshore support vessels for the South Korean offshore wind industry. South Korea has made significant progress in the development of its offshore sector and has set ...
  • CMB.TECH banks $46.5m from triple sale
    Antwerp-based owner and operator CMB.TECH has offloaded three of its vessels, securing a profit of $46.52m. The Saverys family-led group is shipping out the 2007-built suezmax tanker Cap Lara in a deal that will bring in a capital gain of $18.77m. The 2007 Samsung-built 158,826 dwt will be delivered to an undisclosed buyer in the ...
  • Baltic states call for new rules to tackle shadow fleet threat
    The Bulgarian owner at the centre of a new cable cutting incident in the Baltic has denied its ship deliberately carried out the latest damage to subsea infrastructure in the region, something analysts are disputing while politicians discuss clamping down further on ships leaving Russia. The Swedish Prosecution Authority seized the 32,200 dwt, Navibulgar-owned bulker ...
  • Penta-Ocean hires Seatrium for construction of offshore wind heavy lift vessel
    Singapore shipyard group Seatrium has been awarded a contract from Japan-based Penta-Ocean Construction (POC) to construct a heavy lift vessel set to operate in the Japanese offshore wind market. This will be the fifth and largest vessel to be added to POC's fleet, enabling them to undertake larger wind turbine projects. The vessel will be ...
  • COSCO readies $1.1bn tanker investment
    The tanker division of the world's largest shipowner is readying $1.1bn for its newbuilding programme. COSCO Shipping Energy Transportation is issuing RMB8bn worth of A shares to raise cash to build three aframaxes, six VLCCs and two LNG carriers. The aframaxes will be built by sister firm COSCO Shipping Heavy Industry (Yangzhou), while all the ...
  • Navantia completes Harland & Wolff buy-out
    Spain's Navantia has completed its buy-out of the UK's Harland & Wolff, securing jobs at four yards in Northern Ireland, England and Scotland. "By combining Harland & Wolff's proud heritage and facilities with Navantia's global expertise in defence, maritime and renewable energy, we are creating an exceptional platform for growth," said Ricardo Dominguez, chairman of ...
  • Is AI about to replace charterers?
    James Peacock, who leads product development at XMAR, tackles an issue likely to be one of the talking points at this year's Geneva Dry. Chartering has always been a balancing act of relationships, instinct, and expertise. With artificial intelligence (AI) making waves in every industry, it's fair to ask: could machines ever take over the ...
  • Stolt-Nielsen buys Golar's stake in Avenir LNG
    Stolt-Nielsen has bought out Golar LNG's stake in Avenir LNG for $40m. Commenting on the transaction, Udo Lange, CEO of Stolt-Nielsen, said: "This strategic move not only strengthens our position in the LNG sector but also underscores our commitment to pursuing more sustainable energy solutions for the maritime, industrial, and power generation markets. I am ...
  • Geneva Dry: 90 days to go
    There's just 90 days to go until the second edition of Geneva Dry, the world's premier commodities shipping conference, with organisers urging people thinking about signing up to do so quickly to avoid disappointment. At last year's inaugural event, organisers were forced to issue a 'Sold Out' sign weeks ahead of the summit, and while ...
  • Anthony Veder buys ethylene carrier from ADNOC
    Dutch owner Anthony Veder has bought the Yas, a 9,000 cu m ethylene carrier from Abu Dhabi National Oil Company (ADNOC) for an undisclosed price, renaming it Coral Palmata. The gas carrier addition takes Anthony Veder's fleet to 29 ships. Jan Valkier, CEO of Anthony Veder, said: "We are very proud to serve our customers ...
  • Port Botany set for major rail upgrade
    DP World and NSW Ports are co-investing A$400m ($250m) to extend the rail terminal at Port Botany in Sydney to double

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Lloyd's List web site
JANUARY 28, 2025
  • D'Amico steams ahead with chartered-in tonnage acquisitions
    Italy's d'Amico International Shipping is pushing ahead with its plans to acquire chartered-in tonnage. The company announced Monday that it...
  • Seanergy clinches two more Japanese capesize acquisitions
    Greece-based owner expands fleet to 21 big bulkers as spin-off United Maritime announces $15m sale of original Seanergy drop-down 'Gloriuship'
  • Eagle S insurance questions go unanswered as detained cable-cutting tanker 'loses $70,000 daily'
    Russia-trading dark fleet tanker has incurred $2m in losses since it was seized by authorities in Finland on December 26...
  • Eight charged for LA and Long Beach smuggling operation
    The indictment alleges a conspiracy among logistics company executives, warehouse owners and truck drivers to smuggle hundreds of millions of...
  • Slow but steady renewal round sees P&I clubs make rate hikes stick
    Chinese New Year and owner hesitancy could hold things up
  • DP World makes $250m investment at Port Botany
    Dubai-based DP World is making the investment alongside NSW Ports, which manages the key Australian container port
  • Backhaul shippers to bear brunt of Red Sea return
    Supply chain disruption looks inevitable when liner services finally reroute back through the Suez Canal, but it is the Europe-Asia...
  • Arctic black carbon debate stuck in viscous detail
    The IMO's hopes of completing its work on black carbon this year have been dashed, but green groups say slow...
  • Capital Clean Energy Carriers' up to $75m offer for fleet roll-out
    Evangelos Marinakis-controlled owner intends using the proceeds for vessel acquisitions
  • Stolt-Nielsen buys out fellow stakeholders in Avenir LNG
    Stolt-Nielsen has agreed to acquire the Avenir LNG shares held by fellow owners Golar LNG and Aequitas. Following the transaction's...
  • Maritime convention scrutinised to arrest dark fleet dangers for coastal states
    While a new academic paper argues coastal states should not wait for a disaster to happen, NorthStandard's Mike Salthouse warns...
  • Asean Seas Line-owned containership adrift in Gulf of Aden following cargo fire
    The 1,800 teu ASL Bauhinia is understood to have reported a fire in its cargo of containers and is drifting...
  • Tanker value declines attracting more buyers to sale and purchase market
    Price adjustments in the suezmax and medium-range segments have created attractive entry points for buyers which had previously been priced...
  • Singapore Strait armed robbery wave continues into 2025
    Seven incidents of armed robbery against vessels in either the Strait of Malacca or Singapore Strait have been reported to...
  • The Daily View: Enemy actions
    Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
  • Carriers walk rate tightrope as Red Sea unknowns linger through 2025
    Blank sailings, alliance reshuffling, port congestion and uncertainties surrounding Trump-era tariffs are expected to cushion the blow from a return...
  • Seacon buys seven Baltic Shipping bulkers to grow controlled fleet
    While maintaining shipmanagement as its core business, Seacon has been actively expanding its controlled fleet
  • Daily Briefing
    Owners withdraw vintage tankers from sale on 'dark fleet' concerns | Shipping starts to test Red Sea waters | Bad...

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The Journal of Commerce web site
JANUARY 28, 2025
  • Senate confirms Sean Duffy as Secretary of Transportation
    The former Wisconsin congressman and Fox Business host was confirmed by a 77-22 vote on Tuesday.
  • Trans-Pacific carriers determined to win higher contract rates this year: sources
    Liners believe they left money on the table in 2024-25 service contracts, sources tell the Journal of Commerce, and are putting up opening quotes about 25% higher than a year ago in their initial talks with customers.
  • From MAC to FGA: Access Control Evolution
    Learn how integrating MAC, DAC, RBAC, and FGA can strengthen your application's authorization
  • China extends Maersk's domestic cabotage pilot to December 2027
    The arrangement allows international carriers to transship domestic import and export cargos at Shanghai's Yangshan deepwater port from selected ports in northern China.
  • Asia-Europe ocean rates fall as weak demand sparks market share battle
    China celebrates the Year of the Snake Tuesday, and while there is always a move to get export orders on the water before the holidays, the push this year came earlier than expected.
  • Hefty rate decline looms over India-Europe trade amid capacity buildup
    Sources at established carriers on the trade lane, such as CMA CGM and Hapag-Lloyd, have noted extreme rate pressures

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TradeWinds web site
JANUARY 28, 2025
  • How the Year of the Snake could shape shipping as new leaders show their hand
    Lunar New Year's ushering in of new zodiac animal bodes well for a calm year on the shipping front
  • Nakilat hails 2024 as 'transformative year' as it adds 40 newbuildings to fleet
    Doha-listed gas shipowner describes its profitability as "stellar"
  • Seafarer abandonments reach record highs
    ITF calls the 87% year over year rise a 'disgrace'
  • Contships seals $100m Nordic bond run in private Greek premiere
    Nikolas Pateras-led container ship firm becomes first non-public Greek player to tap booming Oslo marketplace
  • Top Greek names mulled behind first S&P deal for modern VLCC in months
    Short supply of freshly delivered newbuilding tonnage makes young VLCCs look particularly attractive
  • Harland & Wolf to be taken over by Spanish state-owned shipbuilder Navantia
    Royal Fleet Auxiliary vessels to be built in both UK and Spain
  • World's largest cruise company on hunt for $2bn bond refinancing
    Carnival Corp looking to bring down interest costs
  • Signal says aframax tanker pool has beaten rivals by $2,400 per day over seven years
    Ioannis Martinos-led operation talks up rates for tankers under its control
  • Broker Gibson set to launch joint oil and gas power and terminals venture
    London shop is working with Malaysian state energy agency on Sabah project
  • Chronos bulker fleet sale paces ahead with second all-Greek kamsarmax deal
    Hellenic buyers show a keen interest in modern bulker tonnage despite market woes
  • Former John Fredriksen trading bosses consider suing tycoon over failed $335m fraud case
    Shipping magnate has already agreed compensation deal connected to 2015 freezing order against Arcadia executives
  • Law firm HFW reveals big earnings as it boosts terminals team
    London-based shipping specialist says international operations are increasingly important
  • Panamax bulker owners feel the pinch of crashing Chinese grain shipments
    Negative trend expected to stretch through this year
  • Iranian crude stuck in China for half a decade starts to move on tankers as US sanctions spark shipments
    Iran wants crude back ahead of feared stricter US sanctions
  • Shipping bond rush spurs $20bn record for Nordic high-yield market
    DNB Markets sees 'accommodative funding conditions to persist'
  • Braemar raids Gibson and Neste to boost specialist tanker desk
    UK broker adds new faces in London and Houston as it expands chemical carrier operations
  • British shipowner joins forces with two Asian peers to form wind farm vessel venture
    Owners are targeting South Korean offshore sector with financing and operating partnership
  • Braemar raids Gibsons and Neste to boost specialist tanker desk
    UK broker adds new faces in London and Houston as it expands chemical carrier operations
  • Greek shipowners swoop as Chronos fleet sale gathers pace
    Hellenic buyers show a keen interest in modern bulker tonnage despite market woes
  • Great Eastern sells supramax bulker as tankers boost earnings
    Indian owner continues to sell off older vessels
  • Explosion hits ship carrying hazardous cargo in Red Sea. Crew abandon vessel after fire
    Incident happened off the coast of Houthi-controlled Yemen
  • German owner Candler adds to multipurpose ship order in China
    Jiangxi New Jiangzhou is building two more vessels in series now totalling eight units
  • DNV Maritime strengthens top management with first chief operating officer
    Cristina Saenz de Santa Maria will be based in Singapore
  • Trafigura strikes first upsized $1bn credit insurance financing deal with banks
    Trader and shipowner moves to protect receivables in 'complex' transaction
  • Fire engulfs container ship crossing perilous Red Sea route
    Cause of blaze aboard vessel is not yet known
  • Container ship ablaze in Red Sea Houthi hotspot
    Unclear if blaze result of Houthi attack or not
  • Stolt-Nielsen stock jumps after Avenir LNG deal and buy recommendations
    DNB and Fearnleys believe its time to snap up shares ahead of earnings
  • Anthony Veder buys final Adnoc L&S small gas carrier
    Dutch owner expands fleet with 2014-built ethylene ship
  • Penta-Ocean to build $770m heavylift vessel, touted as 'world's largest'
    Singapore shipyard group Seatrium will build the hull to facilitate installation of larger wind turbines
  • Arriva Shipping expands fleet with additional dry bulk newbuilding order
    Shipowner has two newbuild contracts after using option
  • Greek owner Pioneer Marine Group weighs fresh listing and expansion projects
    Bulker owner is ready to move should the right opportunity come along
  • Two tankers loaded with Russian crude make U-turns in European storms
    France reports one vessel needed mechanical repairs
  • Cosco Shipping Specialised Carriers forecasts up to 60% profit surge on strong global trade
    But company's 20% stake in China's Total Lubricants is hurting the profit
  • CMB.Tech sells suezmax as rumours swirl on three other Saverys tankers
    One of the CMB.Tech vessels was reportedly packaged with the trio
  • Russian exports to Asia hit the wall as tanker rates and oil price soar US after sanctions
    Traders say March buying in China and India has stalled
  • Odin-RVB to merge with Iberica Tanker Chartering at a time 'old-fashioned brokerage no longer enough'
    The deal aims to expand the group's expertise as customers demand more broker services beyond fixtures
  • Clean Energy Carriers to raise up to $75m in at-the-market US share offering
    Gas and boxship player funds vessel acquisitions and debt repayments
  • Stolt-Nielsen takes full control of Avenir LNG as it buys out Golar LNG and Hoegh family
    FLNG-focused Golar will hang onto its shareholding in Sardinia terminal
  • Penta-Ocean to build world's largest heavy lift vessel worth ¥120bn
    Singapore shipyard group Seatrium will build hull of vessel that will enable installation of larger wind turbines
  • Cosco Shipping Specialised Carriers forecasts surge in net profit of up to 60% on strong global trade
    But company's 20% stake China's Total Lubricants is hurting the profit
  • Golar LNG sells off Avenir LNG stake for $40m to fellow co-founder Stolt-Neilsen
    But FLNG-focused company will hang onto its shareholding in Sardinia LNG terminal

news on subscription
American Shipper web site
JANUARY 28, 2025
  • Will container purchase prices continue their climb?
    A strong shipping market helped secondhand container prices grow to an above-average finish in 2024, but it's unclear whether that will be sustained heading into the new year. "With inflationary pressures persisting and central banks maintaining higher interest rates for longer, container owners will face increased total asset costs," said Christian Roeloffs, co-founder and chief [...]

››› File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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