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November 9, 2023

free news
Exim India web site
NOVEMBER 9, 2023
  • CONCOR extends seamless electronic filing system to all its EXIM terminals
  • U.S. government's development finance institution to fund Adani Ports' Colombo terminal
  • APM Terminals Pipavav's standalone net profit rises 52 pc in Q2
  • Over 4 decades with 'SIR' Vaishnav Puri
  • Vessel utilisation declining further
  • Global shipping seeing spike in freight costs due to war
  • Introduction of Centralized Video Conference Facility at DGFT Headquarters
  • AD Ports Group acquires 10 offshore vessels
  • MR trans-Atlantic freight rates seen rising
  • FTA with UK not before Dec.: Reports
  • Update on P&I letter for vessels carrying petroleum products in Turkey
  • GDP growth in Q2 seen higher than RBI's estimate
  • Potatoes being exported to Bangladesh

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International Transport Journal web site
NOVEMBER 9, 2023
  • US intermodal offer extended
  • Hactl: an early adopter of the SBTI scheme
  • Germany's rail industry is growing - abroad
  • A new head for logistics and distribution
  • Record highs for ICTSI earnings
  • ATSG: Joe Hete back in action
  • FedEx launches new Vietnam service
  • Appeal against Gateway Basel Nord approved
  • Pay-per-use for electric lorries
  • A step across the Baltic Sea for Hellmann
  • "Curiosity of the Day"
  • Air Charter Service opens up in New Delhi
  • WCA World appoints two new directors
  • DP World's investment in London Gateway
  • Pilot project for e-trucks to start in Florida
  • MLP's second logistics park near Berlin

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The Loadstar web site
NOVEMBER 8, 2023
  • MSC and Maersk unwind transatlantic fleets as rates hit new low
  • East coast dockers' union signals strike before contract talks start
  • Harsh lesson to M�rsk - with love from DHL
  • Financial battering for DHL GF in Q3 - 'but we expected that'
  • Happy 5th Birthday Premium - welcome DeskOne!
  • Larger forwarders losing air freight market share to smaller rivals
  • India designs '40 by 30' initiative to boost flagging garment exports
  • As cargo volumes crash, FedEx pilots urged to fly passengers instead
  • No staff cuts at Yang Ming - 'it would be too harsh to lay off employees now'

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Marine Log web site
NOVEMBER 8, 2023
  • Seaside LNG to start Galveston bunkering operation
    Seaside LNG has reached a term bunkering agreement with Carnival Corporation & plc that will see it fuel the first LNG powered cruise ship to homeport in Galveston, Texas, the Carnival Jubilee.
  • Vale goes for world's largest wind propulsion installation yet
    In the latest example of how leading charterers are pushing shipping decarbonization forward, Brazilian mining giant Vale S.A. is to install five rotor sails from London-headquartered Anemoi Marine Technologies Ltd onboard the
  • Celebrity Cruises takes delivery of Celebrity Ascent
    Celebrity Ascent officially joined Royal Caribbean Group's Celebrity Cruises' fleet today as company officials took delivery of the brand's newest ship at the Chantiers de l'Atlantique shipyard in St. Nazaire, France. The
  • FERRIES 2023: Battery options for ferries panel discussion
    Back in August, it was announced that longtime Incat Tasmania customer Buquebús followed through on its plan to switch a 130-meter ferry under construction at the shipyard from LNG to all-electric propulsion.

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Container News web site
NOVEMBER 8, 2023
  • HMM organises tree plantation drive in India
    South Korean shipping company HMM organised a tree plantation drive in collaboration with Green Yatra, a leading environmental NGO, as a part of Corporate Social Responsibility (CSR) activity. HMM's CSR action took place on 14 October at the State Reserve Police Force (SRPF) Campus in Goregaon, Mumbai, India. In this plantation drive, HMM planted 1,000 plants, more than 40 types of species and us
  • Konecranes supports Jingjin Equipment expansion with 35 new cranes
    Konecranes secured an order in August for 35 CXT overhead cranes from Jingjin Equipment Inc., a Chinese filter press manufacturer. These cranes consist of 5-ton and 10-ton CXT single girder cranes, 30-ton CXT double girder cranes, and a 5-ton CXT semi gantry crane. They will be deployed at Jingjin Equipment's recently established manufacturing plant in Dezhou, China, where they will support the p
  • Shippeo and BuyCo collaborate to provide container visibility and control
    Shippeo, a digital supply chain visibility company, and BuyCo, a container shipping software platform, have established a strategic partnership to provide shippers with total visibility and control throughout the whole container shipping process, from early planning and booking to real-time tracking. Shippeo and BuyCo aim to use this collaboration to help large-volume shippers optimise processes,
  • The Ultimate Guide to Succeed in the Maritime Industry Through Writing an Outstanding Cover Letter
    The cover letter is an excellent way to boost your chances of success in any industry, and it would be unwise to ignore this simple but insanely effective trick. The maritime industry is no exception, but you must polish the essential skill of writing an outstanding cover letter first. We will discuss the primary concept of a cover letter, general guidelines for writing it, and additional tips an
  • Sohar Port and Freezone launches SOHAR Net Zero Alliance
    SOHAR Port and Freezone in collaboration with industrial tenants including OQ, Vale Oman Pelletising Company, Sohar Aluminium Company, Jindal Shadeed Iron & Steel, Al Tamman Indsil Ferrochrome (FZC) LLC, Shinas Generating Company, Sohar International Urea & Chemical Industries, Al Batinah Power and Air Liquide Sohar Industrial Gases officially announced the formation of SOHAR Net Zero Alliance (S
  • ICTSI increases revenues and profits in 2023 9M
    International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the nine months of 2023 posting revenue from port operations of US$1.76 billion, an increase of 7% compared with the same period in 2022. ICTSI reported Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) of US$1.11 billion, 7% higher than the US$1.04 billion generated
  • Ex-Busan export container rates increase
    KOBC Container Composite Index (KCCI) reached 1,284 points on 6 October, growing 7.09% from the previous week and continuing to increase for three weeks in a row. Freight rates for container exports from Busan rose on almost all trade lanes except those to Japan and China. KOBC also unveils indices for per-FEU spot rates on the 13 major trade routes from Busan, including those to North America an
  • Greeks and Chinese dominate global fleet market
    "The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships owned by Greek and Chinese shipping companies contribute 34% of the total fleet's deadweight tonne capacity," says Niels Rasmussen, chief shipping analyst at BIMCO. Although consolidation has been significant within the container shipping segment, the overa
  • Piraeus Container Terminal completes Portchain Connect trial
    Greece's Piraeus Container Terminal (PCT) has concluded a trial phase with Portchain Connect, effectively showing PCT's potential in digitising the berth management process. With digital handshakes and safe data sharing, Piraeus Container Terminal will improve the quality and speed of its berth alignment with clients. PCT may now receive real-time schedule and move count updates directly from car
  • Substantial number of elderly boxships remain in fleet
    French consultancy Alphaliner said today that 20% of the global boxship fleet is aged 20 years and older. It is estimated that 1,200 vessels of the active fleet of 5,890 ships are aged at least 20 years, and this comprises about 2.9 million TEUs. Many of these older ships are relatively small, with only 314 vessels having capacities of 3,000 TEUs and above, while 886 vessels have capacities below
  • Scania, sennder launch new JV to drive e-truck adoption and decarbonise road logistics
    Scania CV AB, a worldwide company in transport solutions, and sennder Technologies GmbH, a European digital road freight forwarder, have established a new joint venture, called JUNA. In particular, the new partnership aims to promote electric solutions in road logistics throughout Europe and has already seen a successful launch in Germany. Its primary objective is to accelerate the widespread ado
  • Maersk announces rotation changes due to industrial actions at DP World terminals in Australia
    Maersk has announced that due to DP World's industrial action and berth availability delays in Melbourne, it will proceed with PANZ service port rotation change. The Danish carrier said the schedule for the 4,616 TEU vessel Cap Jackson will be updated and the boxhsip will now call Sydney, Adelaide, Melbourne then Tauranga, to mitigate the delay to the onward schedule. The following is the propose
  • New freight terminal opens at Dublin Port
    Dublin Port Company (DPC) has announced the opening of T4, a newly redeveloped RoRo freight terminal, costing €127 million (around US$135 million). The terminal, which was self-financed by DPC and delivered on time and on budget, was officially launched by Ireland's Minister of State, Jack Chambers, TD. T4 is the first of three major capital development projects under DPC's Masterplan to boost Du
  • Freeport of Riga adds new berth at Baltic Container Terminal
    Construction works are underway in Kundzinsala at the Baltic Container Terminal (BCT), the largest box terminal of the Port of Riga, with the underwater works for the construction of a new berth section having been completed. At the end of the project, the process of loading and unloading cargo at the terminal will be accelerated, increasing the terminal's operational efficiency and commercial co
  • Hapag-Lloyd applies new congestion surcharge in South Africa
    Hapag-Lloyd announced that a new congestion surcharge will be applied to all dry containers transported to South Africa from 8 December. The new surcharge will be US$200, US$400, and US$400, per 20' dry container, 40' dry box and 40' high cube container, respectively. The post appeared first on Container News .

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Splash web site
NOVEMBER 8, 2023
  • SFL clinches Maersk charter extension and vessel upgrades deal with Hapag-Lloyd
    John Fredriksen's SFL Corporation has bagged a contract extension for one of its boxships and sealed a $65m deal to upgrade further six ships ahead of their upcoming charters. Danish liner Maersk has declared an option to keep the 2015-built 9,500 teu scrubber-fitted Maersk Sarat until mid-2025. SFL said the deal should add about $13m ...
  • ESL Shipping owner brings in new investor
    ESL Shipping, part of Finnish conglomerate Aspo, has attracted a new investor to support its ambition of offering fossil-free dry bulk shipping. The Helsinki-based infrastructure-opportunistic fund OP Finland Infrastructure has agreed to invest €30m against an issue of new shares in ESL with a pre-money equity valuation of €165. This corresponds to a 15.38% ownership ...
  • Vale lines up world's largest ore carrier for rotor sails treatment
    Brazilian mining giant Vale has signed up the world's largest ore carrier for wind-assisted propulsion. The 2012-built 400,000 dwt valemax , owned by Oman's Asyad and on a long-term charter with Vale, will be fitted with five 35-m-tall rotor sails from British supplier Anemoi Marine Technologies. The cylindrical sails will be installed on Anemoi's folding ...
  • Van Oord wins cable laying contract off Taiwan
    Van Oord has been awarded a contract by Danish renewables developer Ørsted for the Greater Changhua 2b and 4 offshore wind farms in Taiwan. The 920 MW project will be located 35-60 km off the coast of Changhua County. The Dutch marine construction firm will be responsible for the transport and installation of three export ...
  • Eneos adds two vessels to Stolt Tankers-NYK chemical tanker pool
    Chemical tanker firm Stolt Tankers and Japanese shipping company Nippon Yusen Kaisha (NYK) have made a deal with Eneos Ocean to operate a new chemical tanker pool. The new pool will be launched within the 11-tanker-strong Stolt NYK Asia Pacific Services (SNAPS). Eneos will contribute two 12,000-dwt tankers which will join the SNAPS pool during ...
  • China Merchants fixes two LNG newbuilds to PetroChina
    China Merchants Energy Shipping (CMES) has struck a deal with compatriot energy giant PetroChina to charter out a pair of liquefied natural gas (LNG) carriers under construction at Dalian Shipbuilding Industry (DSIC). The Shanghai-listed energy transport unit of China Merchants Group has fixed the 175,000 cu m units to the listed arm of state-owned China ...
  • Five out of the 10 largest Chinese shipowners are leasing institutions
    , data from shipowner association BIMCO shows. "The entry of Chinese financial institutions into the leasing market has significantly contributed to the growth of the Chinese owned fleet in recent years," a new report from BIMCO stated today. While COSCO is by some distance the ...
  • Auction set for two wind areas offshore Estonia
    Estonia's Consumer Protection and Technical Regulatory Authority (CPTRA) has announced two auctions for the development of wind farms in the Liivi 1 and Liivi 2 offshore areas. The competing applications submitted to the CPTRA for developing offshore wind farms in the Liivi 1 and Liivi 2 areas were inspected and sent to relevant state authorities ...
  • US commits $553m to develop Sri Lankan terminal
    On the island of Sri Lanka, strategically located along one of the most important global trade arteries, the world's top two economies are vying for influence. After years of China spending hundreds of millions of dollars to develop port infrastructure in the South Asian nation, the US has entered the fray with the US International ...
  • Stainless Tankers expands fleet with double buy
    Stainless Tankers of Norway is bolstering its fleet of chemical carriers in a $27m deal for two secondhand ships. The Oslo-listed outfit backed by UK-based Tufton Investment Management will be adding a pair of unnamed 2005-built J19 stainless steel units, intending to close the deal this month. To fund the deal, Stainless Tankers has upsized ...
  • MSC's vintage fleet holds key to liner shipping's demolition derby
    One in five of the global container fleet is ripe for demolition, with the world's largest liner, Mediterranean Shipping Co (MSC), accounting for nearly 25% of all boxships aged 20 or over, according to new analysis from Alphaliner. As such, MSC's decision when to scrap and in what quantity could affect the fortunes of many ...
  • International Seaways boosts LR1 orderbook with K Shipbuilding option duo
    US tanker owner International Seaways has exercised an option to build two more LR1 vessels at South Korea's K Shipbuilding, taking its orderbook at the yard to four. The order is part of the original deal struck with the shipbuilder, formerly known as STX Offshore & Shipbuilding, in August. The New York-listed firm with a ...
  • Creation of state-run line moves a step closer in Australia
    The government in Canberra is pushing ahead with plans to develop an Australian-owned and crewed strategic fleet. The government released today a report from an independent taskforce looking at developing a national fleet, something that has come in for repeated criticism from lobby groups. The aim is to have a fleet of up to 12 ...
  • Icon Offshore pens AHTS deal with SEA Hibiscus
    Malaysian offshore service provider Icon Offshore has secured a contract from Hibiscus Petroleum subsidiary SEA Hibiscus for the provision of one 60 mt anchor handling tug supply (AHTS) vessel. Icon Offshore said in a Bursa Malaysia filing that the anchor handler will support SEA Hibiscus' 2023/2024 drilling campaign. According to the company, the provision of ...
  • World's first global navigational aid to protect whales launched
    The World Shipping Council (WSC) has launched the world's first global navigational aid to protect whales. The WSC Whale Chart, available for free, is the first global mapping of all mandatory and voluntary governmental measures to reduce harm to whales from ships. It will be regularly updated. Experience shows that separating ships and whales is ...
  • Net is a weasel word
    Andrew Craig-Bennett questions who let the marketing people loose on a question of science and engineering. He has serious issues with the words net and zero. Merchant shipping is a wonderful business to be in. We all know that. It has traditions, it has customs, it has rules, and these are pretty much the same ...
  • Hong Kong Market Report 2023
    Contrary to perception from overseas, the local Hong Kong shipping community argue that their sector is thriving, and, yes, the government could help out a bit more, but actually the sector is moving in the right direction. Splash assesses how the Special Administrative Region can fight back to reclaim its place at shipping's top table ...

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Lloyd's List web site
NOVEMBER 8, 2023
  • Seafarer killed in Russian missile strike on bulk carrier KMAX Ruler in port of Odesa
    At least one person is dead and three crew are injured after a Russian missile hit a Liberian-flagged vessel. Ukrainian...
  • US to put $553m to build deepwater container terminal at Sri Lanka's Colombo port
    The port of Colombo has been at a 90% utilisation since 2021, signalling the need for additional capacity, the US...
  • Marine insurance: What the buyers want
    'You might be able to get it cheaper but you need to know at the end of the day that...
  • Safe Bulkers posts reduced profit for third quarter
    US-listed owner sees impact of global uncertainties and weaker charter rates
  • Blacklisted Russian grain operator to establish dry cargo fleet
    Russia needs a bigger fleet to sustain its plundering of Ukrainian grain
  • EuroDry finds solace in 'likely' constricted dry bulk fleet growth
    Recent acquisition of three ultramaxes took advantage of softening in vessel prices during the summer, says chief executive Aristides Pittas
  • Concerns raised shipping is ill prepared for EU ETS
    The EU's Emission Trading System will be extended to include shipping from January 1, 2024
  • Digitalisation and automation will help port sustainability
    Hamburg's Jens Meier has taken the helm at the International Association of Ports and Harbours. He sees harmonising standards as...
  • DHL trims top range of earnings outlook
    High interest rates and macro-economic uncertainty have slowed the pace of recovery. DHL expects another one to two quarters before...
  • Crowley named lead defendant in sexual assault lawsuit
    A sexual assault lawsuit has been filed against Crowley, SIU and SHLSS by a female cadet who alleges she was...
  • Former ICBC Leasing shipping chief sets sail for rival Minsheng
    His departure came amid a major personnel overhaul of the lessor's shipping division
  • Chinese digital freight platform YQN seeks growth from supply chain reconfiguration
    Supply chain reforms are creating new logistics needs and growth opportunities for YQN's business, chief executive Zhou Shihao says. But...
  • Maersk appoints Silvia Ding as new managing director for greater China
    With more than two decades at Maersk, Ding has extensive experience in the Chinese and Southeast Asian markets
  • Carriers cling to ageing tonnage despite overcapacity concerns
    The containership age profile has crept up in recent years. But even removing all boxships more than 20 years old...
  • Tanker asset values head upwards as markets remain resilient
    Rising Middle East tensions, Opec+ production policy and Russia-trade sanctions enforcement are all having an impact on tanker asset values...
  • CMES and PetroChina ink 25-year charter deal for newbuilding LNG carrier duo
    Chinese owner says long-term hires for most of its LNG carriers will help stabilise income and reduce cyclical risks
  • Daily Briefing
    Industry disquiet grows over Panama's plans to deal with canal crisis | China dominates surge for dual-fuel tonnage | Containership...

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The Journal of Commerce web site
NOVEMBER 8, 2023
  • Weak US imports via Western Canada reveal BC port challenge
    The cracks in the gateway's attractiveness to importers and exporters out of the US Midwest were showing before this July's work stoppage and the decline in import demand across North America.
  • US truckload shippers urged to launch bids now to get best 2024 rates
    An uptick in the West Coast share of Asian imports has already translated into heightened demand for surface transportation.
  • ILA, USMX remain at odds over dockworker wage increases: Daggett
    The ILA president says further progress on a new master contract, as well as port-specific local deals, can't happen until the two sides agree on coastwide pay hikes.
  • Zim reinstates China-US fast ship service to target e-commerce demand
    US e-commerce imports are filling much of the available air cargo capacity out of China, spurring the ocean carrier to bring back an expedited service it was forced to mothball eight months ago.
  • Breakbulk sector poised for boost amid rising commodity prices
    Commodity prices continue to rise, leading to further investments in mining, agriculture and oil and gas projects, all of which is good news for breakbulk and project shippers and their service providers.

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TradeWinds web site
NOVEMBER 8, 2023
  • Black ink on ice: Pangaea Logistics just keeps turning profits in weak market
    Rates plunged by one-third from a year ago, but Rhode Island operator battered the Baltic
  • Genco Shipping executes $500m refinancing and reports loss but keeps dividend aloft
    New York bulker owner also expands fleet with purchase of 2016-built capesize
  • Dry bulk market should be slightly better next year, shipowners say
    'China is a question mark for us now,' says EuroDry chief executive Aristides Pittas
  • By reservation only: Panama Canal slot breaks new record as unbooked ships turned away
    Local agency stops tracking canal queues as reservation required
  • Pilot dies, crew injured and vessel damaged in Odesa missile attack
    Incident highlights risks inherent in Ukraine's new grain corridor
  • Middle East shipowners back in for secondhand tankers as fears grow over Israel war escalation
    Analyst Eva Tzima says buyers want to ensure they can get exports out more easily if conflict spreads
  • LPG carriers perform U-turns amid Panama Canal delays
    The Panama Canal Authority has reduced available slots twice in November
  • 2020 Bulkers: We'll stick to floating rates and wait out the market upturn
    Bauxite has become a bright spot in the capesize and newcastlemax segment
  • New Fortress Energy introduces first gas into its FLNG unit off Mexico
    Green hydrogen production arm Zero Parks doubles capacity at first facility as it eyes exports
  • Flex LNG talks up 2027 opportunities for its next open LNG carriers
    Shipowner offers insight into book values and debt repayments on its vessels
  • Russian LNG still flooding into Europe despite calls for a halt
    Finland renews call for region to ban imports as Russia vows to hike production
  • 'All the stars are aligning' in Stainless Tankers' two-ship buy
    Chief executive Alex Karakassis describes move as checking all the boxes in a 'one-off event'
  • Vale to retrofit world's biggest ore carrier with rotor sails
    Mining giant to use Anemoi kit on Asyad-owned dry bulk behemoth Sohar Max
  • ESL Shipping unveils new investor pumping in cash to expand green bulker fleet
    Finnish owner strikes deal with OP Finland Infrastructure in the shape of new shares
  • EuroDry stays in the red but loss narrows in third quarter
    The Greek owner of midsize bulkers says it will continue to look for acquisition opportunities and to buy back shares
  • SFL locks in neo-panamax charters and upgrades with Maersk and Hapag-Lloyd
    Company extends charter of 9,500-teu Maersk Sarat (built 2013) until mid-2025
  • Low-profile R Shipping named as buyer of Scorpio product carrier as tanker sales roll on
    Scorpio's oldest vessel was recently bought back from a Chinese leasing company
  • Scale of Russian tanker operation exceeds US expectations
    US Energy agency upgrades expected Russian production in 2024 after build-up of fleet outside of G7 sanctions regime
  • Hill Dickinson boss Peter Jackson to step down after 40 years with UK law firm
    Craig Scott taking over CEO role as long-serving lawyer retires
  • Ukraine grain corridor beats the odds to prove an unexpected success
    Kyiv close to shepherding 100 ships through the beleaguered ports of Odesa, Yuzhnyy/Pivdennyi and Chornomorsk
  • Excelerate Energy inks first LNG sales deal with Bangladesh's Petrobangla
    Floating regasification specialist advances its integrated business plan
  • Middle East owners back in for secondhand tankers as fears grow over Israel war escalation
    Analyst Eva Tzima says buyers want to ensure they can get exports out more easily if conflict spreads
  • MSC is largest owner of vintage container ship tonnage
    Swiss-based carrier has four times as many older vessels as the next liner operator
  • LPG tankers perform U-turns amid Panama Canal delays
    The Panama Canal Authority has reduced available slots twice in November
  • How learning to drive inspired a lifetime of shipping research for Onassis Prize winner
    Professor Siri Pettersen Strandenes is honoured for a lifetime of work charting the economic forces that have changed shipping
  • Low-profile Swiss trader Global One Energy orders product tanker quartet
    Company's main products are LPG, fuel oil and high sulphur gas oil
  • Concordia's Erik Lewenhaupt 'disappointed' by autumn season MR rates
    But tanker owner's boss says earnings remain decent compared to last five years
  • Stolt Tankers and NYK team up with Eneos to expand chemical tanker pool
    Long-standing partners welcome Japanese owner on board to beef up Asia-Pacific services
  • Japan plays a 'team game' to reach zero-emission goal
    TradeWinds Shipowners Forum hears maritime cluster is collaborating on decarbonisation
  • 'Disciplined' 2020 Bulkers keeps winning streak going as rates rise again
    Tor Olav Troim-backed newcastlemax player has posted a profit every quarter since its 2019 debut
  • Takeover target Atlantska Plovidba offloads kamsarmax newbuilding for $37m
    Croatian owner also reveals new financing by Hudson Structured Capital Management
  • Safe Bulkers banks on newbuildings and green upgrades to bolster earnings
    US-listed company sticks to strategy and dividend as Q3 net income hits three-year low
  • Flex LNG expects a tightening market from 2026 but sees volatility in interim
    Company sees 'fairly balanced' LNG freight and product market ahead of the peak winter season
  • Tufton-backed Stainless Tankers buys two more chemical carriers as profit rises
    Investment vehicle splashes $27m on 2005-built duo
  • Viability of Iran's ageing commercial fleet worries IRISL boss
    Khiabani believes 70% of fleet won't be able to trade internationally within next 10 years
  • IRISL boss concerned over future viability of Iran's ageing commercial fleet
    Khiabani believes 70% of countries fleet won't be able to trade internationally within next ten years
  • Pilbara has potential to be major green bunkering hub, study finds
    With over 6,800 vessel visits last year, region said to be the 'natural beachhead' to decarbonise bulker fleet
  • Next three years are 'critical' in the race to decarbonise, says MOL's Hashimoto
    Chief executive tells TradeWinds Tokyo Shipowners Forum now is the time to invest
  • Capesize bulkers bounce back over $20,000 per day but El Nino presents 'wildcard'
    Spot rates are higher than forecasted as supply is tighter than expected, analyst says

››› File
FROM THE HOME PAGE
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
In April, ship transits through the Suez Canal decreased by -7.7%
In April, ship transits through the Suez Canal decreased by -7.7%
Cairo
In the first four months of 2025, the decline in maritime traffic was -14.9%
Agreement for the digitalization of motorway traffic flows with the ports of Trieste and Monfalcone
Trieste
It was signed by the Port System Authority of the Adriatic Sea and by Autostrade Alto Adriatico
Dominguez (IMO) urges investment in decarbonising shipping
Dominguez (IMO) urges investment in decarbonising shipping
Munich/Brussels
Opportunity Green, Seas At Risk and Transport & Environment urge nations to include shipping emissions in their Nationally Determined Contributions
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
Maritime transport, with suppliers and naval contractors, is the cornerstone of Italy's trade
Port Cervo
ANPAN Annual Congress in Sardinia
Uiltrasporti, risk of chaos in Italian ports due to delays in appointing AdSP presidents
Rome
If we continue to distribute positions without taking into account the skills of future presidents - warns the union - we will be forced to mobilize
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