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21 June 2026 - Year XXX
Independent journal on economy and transport policy
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September 1, 2025

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Exim India web site
SEPTEMBER 1, 2025
  • Container volume growth in India seen at 8% in FY26
  • JNPA undertakes sustainable development and social welfare initiatives in Nashik
  • VOC Port initiates procedure for setting up Green Methanol bunkering and refuelling facility
  • Impact of US tariff on basmati exports
  • Karaikal Port issues revised maximum permissible draft
  • Edible oil imports seen dipping
  • July global schedule reliability sees first M/M drop since Jan. 2025
  • 'Spot rates are moving closer to pre-Red Sea crisis levels'
  • Box momentum shifts back to US West Coast ports
  • Introduction to new Merchant Shipping Act 2025

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International Transport Journal web site
SEPTEMBER 1, 2025
  • Concorde climbs higher
  • Turkish Cargo boosts Maastricht
  • Deufol strengthens project logistics team
  • DSV finalises Schenker merger
  • Tug enters service
  • Europa upgrades sustainability reporting
  • Hot seat at the cool chain
  • Elcome secures fleet retrofit
  • Toll expanding at Dubai South
  • GW delivers solar racing logistics
  • Tariff tensions lift July air cargo demand

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The Loadstar web site
AUGUST 29, 2025
  • US appeals court voids 'liberation day' and 'reciprocal' tariffs
  • Spot rate decline 'dragging carriers into loss-making territory'
  • Better ocean carrier reliability sees air freight 'losing its appeal'
  • New K+N 'sales queen' readies battle plan 'to go after Schenker business'
  • KLN drives profits up, amid 'challenges of a fast-changing logistics landscape'
  • UPS: in the bargain basement
  • Did objection to US mega rail merger lead to 'shock' dismissal of STB's Primus?
  • 'Optimistic' carriers continue to shop for new box ship tonnage
  • US tariffs take the shine off India's solar equipment exports - and more
  • South Africa eyes new operators for 'a rail network in dire need of refurbishment'

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Marine Log web site
AUGUST 29, 2025
  • Hanwha Shipping places huge new order at Hanwha Philly
    Hard on the heels of placing a landmark order for an LNG carrier at Hanwha Philly Shipyard last month, Hanwha Shipping, has ordered another new LNG carrier - and 10 medium range

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Container News web site
AUGUST 29, 2025
  • SC Ports launches 2025-26 Port Ambassador Class
    South Carolina Ports has welcomed 30 professionals from across the state into its 2025-2026 Port Ambassador Program, now entering its ninth year. The initiative brings together community and business leaders who will meet monthly from September through May, gaining firsthand insight into how SC Ports drives statewide economic growth and supports the Southeast supply chain. Participants will engag
  • Port of Gothenburg sees growth in container volumes
    The Port of Gothenburg sustained its strong growth in the first half of the year, handling 470,000 TEU, with efficiency gains driven by a higher proportion of fully loaded containers and reduced repositioning of empties. At the same time, rail transport to and from the port reached record highs, strengthening Gothenburg's role as Scandinavia's key logistics hub. Source: Port of Gothenburg Growth
  • Waltershof Hafen gains approval for methanol and LNG bunkering
    The Waltershof Hafen has received official approval to conduct ship-to-ship bunkering of methanol and liquefied natural gas, enabling direct fuel transfers between vessels at sea. This new capability is available at the Burchardkai and Predöhlkai container terminals, positioning Hamburg as a leading hub for alternative marine fuels. With this step, the Hamburg Port Authority is advancing its comm
  • DP World deploys electric vehicles at Laem Chabang
    DP World has introduced five new electric internal transfer vehicles at its Laem Chabang International Terminal in Thailand, marking another milestone in its global decarbonisation strategy. The deployment supports both the company's sustainability ambitions and the Port Authority of Thailand's Green Port Strategy, which aims to transform Laem Chabang into a green port by 2030. The new eITVs are
  • Hoa Phat delivers containers to CMA CGM
    Vietnamese container manufacturer Hoa Phat Container Production JSC has delivered 1,000 new containers to CMA CGM, all of which are 20-foot dry units equipped with bamboo flooring, according to Dynaliners. This marks the first time Hoa Phat has supplied equipment to CMA CGM. The factory, which opened in 2023, has quickly gained traction in the market, securing orders from major players such as Ha
  • Capital Clean Energy sells 13,300 TEU vessel
    Capital Clean Energy Carriers has agreed to sell the 13,300 TEU Manzanillo Express for an expected book gain of US$ 6.9 million, with delivery scheduled in the third quarter of 2025. According to Dynaliners, the sale will leave the shipowner with just two vessels of the same size, both currently on long-term charter until 2033, with options to extend to 2039. The transaction underscores Capital C
  • Advance to the Next Level with TOPX Intelligent 3D
    By Harrison Nguyen Real-Time Digital Twin Meets Proactive Intelligence RBS unveils the next level TOPX Intelligent 3D with Superintelligent Knowledge, a pioneering system that not only mirrors terminal operations in real time through a digital twin - but also executes and adapts them dynamically. No longer just a virtual replica of a terminal, it is a real-time, intelligent, executional system th
  • WEC Lines enhances short sea services
    WEC Lines has unveiled upgraded NWC Portugal and NWC Canary Islands weekly services, strengthening links between Portugal, Spain, the Canary Islands, and Northern Europe through faster, more reliable operations with fixed-day departures. The NWC Portugal service now includes Rotterdam, Moerdijk, Antwerp, Vigo, Leixões, Setúbal, and Montoir, while the NWC Canary Islands service connects Hamburg, T
  • India's maritime strategy under pressure
    As New Delhi unveils its most ambitious maritime infrastructure program, rising US tariffs and shifting alliances threaten to reshape the Indo-Pacific balance of power. This content is locked Select a CN Premium Subscription Package To Unlock The Content! The post appeared first on Container News .
  • Driven with Distinction: Elevating Vehicle Transport to a Premium Experience
    Moving a vehicle isn't the same as shipping a box. Whether it's a luxury sports car, a vintage collectible, or a showroom-ready SUV, the process requires precision, expertise, and care that go far beyond standard logistics. Owners and dealerships alike want assurance that their investments will be handled with the highest standards of professionalism and safety. That's why many turn to premium so
  • Top Six Platforms That Offer Comprehensive Supply Chain Visibility
    Many supply chain platforms say they offer visibility. The question is: visibility into what? Tracking a shipment in transit is one thing. Understanding what was ordered, how it was booked, whether it was delivered as expected, and if the freight charges match-that's something else. And that difference can determine how quickly teams resolve issues, manage costs, or monitor carrier performance. T
  • DP World launches UK's first low carbon truck programme
    DP World has launched the UK's first low carbon truck programme at its London Gateway and Southampton logistics hubs, giving truck operators access to renewable fuel in a landmark move for the container logistics sector. With more than 4,000 truck visits per day at its two UK ports, the initiative will support at least 500 trucks in switching to Hydrotreated Vegetable Oil, a fuel that reduces car
  • Inactive container ships rise after SeaLead cancels
    SeaLead's termination of the charters on 16 sanctioned ships has caused the idle fleet to reach a 15-month high, at 125,000 TEU. This compares to 28,000 TEU in the week of 11 August. Consultancy Linerlytica said that four of the affected ships are heading to Khor Fakkan, while the remaining ships are waiting for orders at Chinese and Malaysian anchorages after completing cargo discharge in China
  • Judicial review halts port of Tauranga's fast-track application
    The Port of Tauranga's fast-track application for the Stella Passage development has been placed on hold after a judicial review was upheld by the High Court. The Court ruled that the Environmental Protection Authority should not have accepted the Port's application, as the project was not described in full under Schedule 2 of the Fast-track Approvals Act. As a result, the Fast-track Panel, origi
  • VICT secures enterprise agreement
    Victoria International Container Terminal has signed a new enterprise agreement with local unions that will cover all operations through March 2029. The deal was concluded without any disruption, underscoring the strong working relationship between VICT and its workforce while providing a stable foundation for future growth. Bruno Porchietto, VICT Chief Executive Officer, highlighted the collabor
  • BBC Chartering opens new Office in Madrid
    BBC Chartering has officially opened a new office in Madrid, Spain, effective 1 September 2025, to enhance its service capabilities across Spain and Portugal. The move strengthens the company's presence in the Iberian market, a key region with approximately 140-160 annual port calls. The Madrid office will be led by Jorge Vicente De Vera as Managing Director, bringing 14 years of leadership exper
  • Rhenus signs cooperation agreement with Kyrgyz Railways
    The Rhenus Group has signed a Memorandum of Cooperation with Kyrgyz Temir Zholu, the National Railway Company of Kyrgyzstan, during the German-Kyrgyz Economic Forum in Cholpon-Ata. The agreement aims to strengthen freight transport collaboration and develop multimodal logistics solutions across Central Asia. The partnership focuses on enhancing Kyrgyzstan's role as a regional transit hub by incre
  • Wärtsilä to deliver world's largest marine battery hybrid system
    Wärtsilä has been chosen as the electrical integrator for a major battery upgrade on Wasaline's ROPAX ferry Aurora Botnia . The project will expand the vessel's battery capacity from 2.2 MWh to 12.6 MWh, making it the world's largest marine battery hybrid system in operation. The order was booked in Q3 2025, with commissioning set for early 2026. The upgrade includes Wärtsilä's Energy Management
  • Konecranes installs six S-series cranes at Contibelt Austria
    Konecranes has completed the delivery and installation of six S-series overhead cranes at Contibelt Band Systeme GmbH's manufacturing site in Stockerau, Austria. The cranes, with lifting capacities of 5-10 tons, will support the handling of heavy steel coils in production. Installed in July 2025, the cranes feature anti-collision systems, tandem lifting for synchronized handling, variable frequen

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Splash web site
AUGUST 29, 2025
  • Frontline offloads oldest suezmax
    John Fredriksen's Frontline has confirmed the disposal of its oldest suezmax tanker. The New York- and Oslo-listed owner said the 2011-built, scrubber-fitted Front Brage has been sold for $36.4m, with delivery due in the third quarter of 2025. After debt repayment, Frontline expects net cash proceeds of $23.7m and a $6m gain from the sale. ...
  • TotalEnergies and Shell to share MOL's cargo transfer vessel
    Japan's Mitsui O.S.K. Lines (MOL) has announced that a cargo transfer vessel (CTV) owned by one of its subsidiaries will be shared by the Brazilian arms of TotalEnergies and Shell. The 2018-built CTV SeaLoader 1 has been employed by TotalEnergies since 2020 for transferring crude oil produced by FPSOs located in the Santos Basin to ...
  • Astro Offshore enters platform supplier segment
    Adani-owned offshore service provider Astro Offshore has entered the PSV segment after the acquisition of two vessels from India's Alphard. The acquisition of two modern platform supply vessels, built in 2020 and 2023, marks the company's first entry into the PSV market, enhancing fleet diversification. This also marks Astro Offshore's formal entry into a new ...
  • Preliminary licences granted for two more Australian offshore wind farms
    The Australian government has awarded three preliminary feasibility licences for offshore wind projects in Western Australia's Bunbury zone. The Bunbury zone is located south of Perth and was declared in September 2024. Authorities believe that it could provide up to 11.4GW of renewable energy. In the southern area of the zone, Westward Wind and Bunbury ...
  • SCFI blip can't mask deepening container carnage ahead of Q4
    Red ink is forecast to splatter across the balance sheets of containerlines in the final quarter of the year despite the Shanghai Containerized Freight Index (SCFI) snapping its more than two-month decline today. The SCFI broke its 11-week-long losing streak today, climbing 30 points to 1,445 points. However, Drewry's rival World Container Index, published yesterday, ...
  • Equinor taps SLB OneSubsea for all-electric subsea system
    SLB OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has been awarded an EPC contract by Equinor for a 12-well, all-electric subsea production system for the Fram Sør field off Norway. The award follows a year-long front-end engineering design phase, where the two jointly matured the project, culminating in the development plan ...
  • Genco CEO Wobensmith steps into chairman role
    US-based dry bulk owner Genco Shipping & Trading has handed chief executive John Wobensmith the additional role of chairman, following the retirement of long-serving board chair James Dolphin. The New York-listed company, which runs a fleet of 43 vessels, said Dolphin steps down after 11 years on the board, including the past four as chairman, ...
  • Nortrans to provide accommodation vessel for Shell's project in Nigeria
    Singapore-based Nortrans Offshore, in partnership with the Temile Development Company, has won accommodation and support work on the Bonga project off Nigeria. The contract was awarded by Shell's Nigerian arm and is for the use of the 2015-built Temis maintenance and safety unit. The vessel will provide accommodation for 500 people during the project's support services. ...
  • 30-ton hatch recovered from coal ship explosion in Baltimore
    Baltimore's shipping traffic was disrupted for nearly a week after an explosion on a fully laden coal carrier in the Patapsco River forced the recovery of a massive 30-ton hatch from the harbour. The 81,681 dwt W-Sapphire, managed by Athens-based W Marine and flagged in Liberia, had just cleared CSX's Curtis Bay terminal around 6:30 ...
  • Wan Hai fire-hit boxship towed toward Middle East after 11 weeks adrift without refuge
    The fire-damaged Wan Hai 503 is being towed across the Arabian Sea toward the Middle East after spending nearly 11 weeks stranded without a port of refuge, following rejections from both Sri Lanka and India. The 4,333 teu containership (built 2005) caught fire on June 9 off Kerala, southwest India, after an under-deck explosion. Four ...
  • Europe moves to snap back Iran sanctions
    Britain, France and Germany have triggered a 30-day process to reimpose United Nations sanctions on Iran, a move that threatens to shake up tanker markets. The so-called snapback mechanism, launched on Thursday, would reinstate wide-ranging sanctions suspended under the 2015 nuclear accord, including restrictions on oil exports, financial flows, and maritime trade. Iran's crude exports-already ...
  • Splash Wrap: Koreans bankroll America's rusting docks
    Shipbuilding has become a central part of trade diplomacy in the Trump era. As well as a customised gold putter, it was noticeable that the Korean president, Lee Jae Myung, also presented Donald Trump with a model of an ancient Korean battleship when the pair met up earlier this week in the White House for ...

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Lloyd's List web site
AUGUST 29, 2025
  • Resilient ports anchor trade amid the turbulence
    In a year defined by disruption, the world's leading container ports defied expectations - transforming volatility into opportunity to post...
  • From boom to breather: port throughput braces for second-half slowdown
    Global container port growth is set to decelerate sharply during the second half of 2025 and into 2026, as frontloaded...
  • Port call data reveals China's trade pivot as tariffs turbocharge rerouting
    Geopolitics and tariffs are driving a surge in China's direct port calls to emerging economies, highlighted by Southeast Asia and...
  • IUMI readies for Singapore conference
    City state already established as major player in marine insurance
  • Don't let Russia normalise maritime trade with occupied Ukraine
    Even if you can legally take the bookings, the moral imperative is clear: keep your ships away
  • Britain's 'most hated boss' steps down
    Peter Hebblethwaite was embroiled in scandal in 2022 when his company sacked 800 seafarers on the spot and replaced them...
  • UK, France and Germany lose patience with Iran and enforce sanctions 'snapback'
    In a letter to the UN, the so-called E3 said Iran's non-compliance with the nuclear deal signed in 2015 was...
  • Frontline sees sanctions starting to help compliant tanker market
    VLCC and suezmax operator Frontline expects tightening sanctions to start to help the compliant crude tanker market by improving utilisation
  • The Daily View: A sorry saga
  • All crew safe after suspected pirate boarding
    The Malta-flagged tanker was reportedly boarded 58 nautical miles off Lomé, Togo, forcing the crew into the vessel's citadel
  • Cosco Shipping Holdings grows profit in volatile market
    Intra-Asia and Latin America volumes rose despite geopolitical and tariff pressures
  • US trades to play less important role in container shipping's future
    Sentiment on the US container shipping market is bearish, given expected fallout from tariffs. But the global market could still...
  • Daily Briefing
    Russia starts exporting containerised goods from occupied Sevastopol | Marine insurer Ai aiming for 'hybrid London-Scandi model' | Cosco Shipping...

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The Journal of Commerce web site
AUGUST 29, 2025
  • Niche carriers plan to ride out declining spot rates on the trans-Pacific
    The carriers, because they offer services tailored to their customers' needs, say they are "sheltered" somewhat from declining spot rates given they are able to charge a premium for those services.
  • Shipper groups say terminal deals will bring labor peace to Australia's wharves
    The four-year pacts with Hutchison Ports Australia and Victoria International Container Terminal were confirmed by the Maritime Union of Australia on Thursday.
  • EPCs emboldened by investments in energy, tech and defense projects
    Revamped energy priorities in the US and data-related industrial projects are driving out-of-gauge cargo demand.

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TradeWinds web site
AUGUST 29, 2025
  • Adnoc L&S wins tight pricing on $317m follow-on sale of shares to institutional investors
    Sale of further 3% by parent set to boost logistics arm's free float and international trading liquidity
  • Bull run in rates for panamax bulkers shows small pullback as period interest remains steady
    Four new period deals for kamsarmaxes came to light this week on the back of the stronger spot market
  • China steel exports reaching a plateau as tariffs and anti-dumping measures bite
    Export volumes are ahead of those seen during the first eight months of last year, but shipments are falling
  • Lars Barstad bemoans artificial VLCC rate ceiling as traders cash in short-term deals to 'buy Swiss chalets'
    Frontline boss explains how tanker market struggles to break through magic $50,000 per day barrier
  • Wavelength podcast: Getting marine fuel makers to up their game
    Plus, making American shipbuilding great (again)
  • Greek shipowner Anbros Maritime makes fresh start with purchase of former Costamare Bulkers quartet
    Angelakis family outfit breaks years-long absence from S&P arena to replace its entire fleet
  • Greece's Anbros Maritime makes fresh start with former Costamare Bulkers quartet
    Angelakis family outfit breaks years-long absence from S&P arena to replace its entire fleet
  • Astro Offshore moves into platform supply sector with two-ship buy from India
    Acquisitions will also spearhead operator's entry into West African market
  • Idan Ofer's Cool Company downgraded by Clarksons Securities after summer stock spike
    Investment bank dials back rating for LNG carrier specialist
  • CMB.Tech boss Alexander Saverys wants shadow tanker fleet to 'disappear quickly'
    Belgian owner says sanctions are making operation of non-compliant ships increasingly difficult
  • Indonesia's 17 new refineries could spur long-haul tanker demand, broker says
    Sentosa Ship Brokers believes modular refinery push might reshape trade flows
  • Hanwha Engine produces first X-DF engine with kit designed to slash methane slip by 50%
    Manufacturer and designer WinGD claim world first with variable compression ratio technology
  • Veteran analyst Jon Chappell takes aim at ever-positive Nordic American Tankers
    Evercore analyst challenges fleet quality and dividend policy
  • Suezmax tanker loads naphtha following Ukrainian attack on Russian Baltic port
    AMPTC's Star Energy takes on cargo at Novatek terminal after damage last week
  • Return to Suez Canal to drag on product tankers, Bimco says
    Lower tonne-miles expected alongside rising deliveries
  • Torvald Klaveness seeks first CFO after losing vice president Solveig Sundby
    Norwegian shipping group on the hunt for new senior leader
  • Pirates targeted tanker in boarding attempt off West Africa, forcing crew into citadel
    Attack happened in Ghanaian waters
  • Idan Ofer's Cool Company downgraded by Clarksons Securities after summer stock spike
    Investment bank dials back rating in LNG carrier specialist
  • 'Buy on weakness': Frontline falls after earnings miss and soft bookings
    Analysts see estimates coming down
  • Indonesia's 17 new refineries could spur long-haul tanker demand, broker says
    Sentosa Ship Brokers believes modular refinery push could reshape trade flows
  • Pirates board tanker off West Africa, forcing crew into citadel
    Attack happened in Ghanaian waters
  • Cargill strikes deal with Furetank to provide biogas for its European tanker fleet
    Swedish owner also starts emissions trading company
  • Contships hires banks to raise more money in Oslo bond market return
    Arctic and Fearnleys will arrange investor meetings from Monday
  • Frontline to bank $6m profit from sale of oldest suezmax
    Price of $36.4m for Front Brage is below broker estimates
  • Bjorn Larsen's ADS Maritime spreads its wings with aircraft sale-and-leaseback deal
    Norwegian shipping investor reaches beyond core markets with new related-party transaction
  • Wider sanctions working as Frontline sees higher tanker utilisation this year
    John Fredriksen tanker company logs lower profit as revenue falls
  • Singapore-listed coal miner buys two Indonesian shipping companies for $127.5m
    Geo Energy will pay for the firms primarily through issuing 275m new shares
  • Houston Ship Channel collision blamed on steering gear failure
    Report indicates invisible cracks in joystick rubber boot seal probably led to German MPP hitting Greek bulker
  • Shipbrokers celebrate Singapore's brightest rising stars
    Institute of Chartered Shipbrokers annual awards party brings the city-state's shipping community together
  • UK, France and Germany hit Iran with 'snapback' of UN sanctions
    US praises move as European powers move a step closer to ending nuclear deal that eased restrictions on Tehran
  • Idan Ofer splashing over $1bn on latest newbuilding push
    Eastern Pacific Shipping is ordering up to 14 midsize container vessels at Chinese shipyards

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American Shipper web site
AUGUST 29, 2025
  • Three cargo airlines increase Europe freighter activity
    Turkish Airlines, Etihad Airways and My Freighter are adding all-cargo aircraft capacity to the European market.
  • Etihad Airways, DSV sign Atlas Air for dedicated 777 capacity
    Atlas Air will provide outsourced transportation with a 777 freighter aircraft to Etihad Airways and DSV.

››› File
FROM THE HOME PAGE
Port of La Spezia: Dredging of the third port basin and navigable canal begins.
La Spezia
The decree assigning the negotiated procedure for the stipulation of the framework agreement was signed today.
Yesterday, 25 ships passed through Hormuz, the highest daily number since April 18.
Singapore
Since March, the average has been 7.6 transits per day
Interferry calls on the EU to implement the EES pragmatically, or to suspend it
Victoria
The upcoming high summer season - the association denounced - risks suffering serious inconveniences
In the first three months of 2026, freight traffic in French ports increased by +3.8%
Paris
General cargo and solid bulk cargo are growing. Liquid bulk cargo remains stable.
BIMCO and Intertanko stress that there are still significant risks to the Hormuz crossing
Copenhagen/London
In April, freight traffic in the ports of Genoa and Savona-Vado Ligure grew by +1.7%
Genoa
The Boards of Directors of the Basins and Maritime Stations Authority have been renewed.
After more than 100 days in the Persian Gulf, Grimaldi's PCTC Grande Torino has passed through Hormuz
Naples
Transit authorized by the Ministry of Foreign Affairs of the Islamic Republic of Iran
US-Iran agreement signed to restore naval traffic through Hormuz
Islamabad/Tehran
Lifting of the American naval blockade and demining of the waters
Assocostieri, port governance reform should take into account the specific nature of strategic energy infrastructure in ports.
Confitarma rejects any form of toll in the Strait of Hormuz.
Naples
Zanetti: We reaffirm the fundamental principle of freedom of navigation.
Federagenti proposes to allocate the concession fees proportionally to Ports of Italy and the AdSPs to finance the new joint stock company
Rome
DP World in talks to build container terminal at Texas port of Corpus Christi
Charlotte/Los Angeles
Container traffic at the Port of Los Angeles grew by 17.2% last month.
Assarmatori criticizes Brussels, but also Rome, for what they are doing to decarbonize the shipping industry.
Rome
Messina: A return to normalcy in the Strait of Hormuz will not be immediate.
US firm Enstructure buys Logistec's US port terminal network
Wellesley/New York/Montreal
It operates a total of 84 terminals in the USA
Leveraging the revised Block Exemption Regulation to encourage private investment in ports
Constance
FEPORT urges it
The Antwerp-Bruges Port Authority will collaborate in the development of the port of Misrata.
Measured
Project for a new bulk terminal
Bimco, ICS, Intercargo and Intertanko condemn attacks on ships and seafarers in the Strait of Hormuz
London
Call for an immediate cessation of attacks
Container traffic at the Port of Long Beach grew by 31.7% last month.
Long Beach
The overall volume of containers remained unchanged in the first five months of 2026
The Swiss Federal Council proposes extending subsidies for rail freight traffic through the Alps until 2035.
Bern
From 2027 to 2035, 486 million francs would be paid out
So far the number of ships leaving the Persian Gulf is 6-7% of those transited a year ago
Paris
AXSMarine: No Signs of a Long-Term Reopening of the Strait of Hormuz
Global Ports Holding in talks to manage cruise port in St. Vincent and the Grenadines
Istanbul
The terminal currently records an annual traffic of approximately 200 thousand passengers
Investments in Taiwan's ports amounting to 1.8 billion dollars are planned for the period 2027-2031.
Taipei
At the end of the five-year period, annual container traffic is expected to be equal to 15.5 million TEUs
US forces hit a third vessel in the Gulf of Oman
Tampa
The "Jalveer" is said to be carrying a cargo of Iranian oil.
ALLRAIL, CER, ERFA, FEPORT, FTE, UIP and UIRR present their proposal for the European Railway Platform
Brussels
The aim is to ensure market representation from the very beginning of the new European rail capacity governance process.
US Central Command claims responsibility for attack on product tanker Settebello
Tampa/New Delhi/London
Condemnation by the Indian government and the International Maritime Organization
Product tanker hit in Strait of Hormuz region
Southampton/Muscat
One sailor was injured. Two other crew members are missing.
In the first quarter of this year, freight traffic in the port of Civitavecchia decreased by -1.0%.
Civitavecchia
Cruise passengers increase by +32.1%
A merchant ship was attacked in the Gulf of Aden
Southampton
Exchange of gunfire with the security team on board the ship
Gemini Cooperation increases cargo capacity on the Asia-Mediterranean route
Copenhagen
Sea-Intelligence adds additional weekly capacity of 22,402 TEUs
ESPO fully endorses the EU Council conclusions on the Maritime Industrial Strategy
Brussels
The central role of port facilities confirmed
CO2 capture and storage on ships is one of the most concrete and immediately available solutions for the decarbonisation of shipping.
London
Antitrust approves Messina Group's acquisition of Terminal San Giorgio
Rome
The Italian Competition Authority (AGCM) has also approved the acquisition by the MSC group of the Asso group's naval maintenance and repair activities (Jobson Italia and UASC UAE).
Rates for ships transiting the Suez Canal are expected to rise.
Ismailia
They will be applied from July 15th. Passenger ships excluded.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
The Council of the EU accepts many of the requests put forward by the associations of the European maritime-port cluster
Luxembourg
However, necessarily, the text postpones the adoption of concrete measures to future legislative initiatives
ESPO calls for proactive use of the EES system to avoid congestion in European ports
Brussels
Ryckbost: Flexibilities activated promptly in exceptional but foreseeable circumstances
Rixi: It is necessary to overcome a maritime ETS that risks shifting traffic and investments to non-European ports.
Luxembourg
What is needed - highlights the vice minister - are incentives and flexibility, not new constraints
Houthis threaten to resume attacks on ships transiting the Red Sea
Sana'a
A total ban on navigation has been declared for all vessels linked to Israeli interests.
Global trade in goods may start to slow down
Global trade in goods may start to slow down
Geneva
This is reported by the latest reading of the WTO Goods Trade Barometer.
The new port road connection to Sampierdarena has been activated in Genoa.
The new port road connection to Sampierdarena has been activated in Genoa.
Genoa
Paroli: the work now allows approximately 900-1,000 heavy vehicles per day to directly access the port's operational areas.
The rapporteurs of the Ports Bill defend the governance project centered on the Ports of Italy.
Rome
Ghio (PD) denounces that the governing bodies of this new company would be appointed entirely by the government. Ghirra (AVS): The objectives of national coordination could have been achieved by strengthening the National Conference of Port Authority Presidents.
US logistics companies WWEX Group and Auctane announce merger
Milan/Dallas/Austin
Artificial intelligence plays a leading role
Unexpected decline in European intermodal traffic in the first quarter of 2026
Brussels
UIRR: Infrastructure chaos caused by construction sites interrupting railway lines
Hanseatic Global Terminals acquires remaining 50% of Hanseatic Global Terminals Aracruz
Rotterdam/Aracruz
The company is building the new Brazilian container port of Imetame
Conftrasporto: The Ports Bill highlights clear operational, financial, and regulatory compliance issues.
Rome
Russo: the competences of Ports of Italy would overlap with those of the Port System Authorities, the Ministry of Transport and the Art
WoodMac believes decarbonisation rules could have a major impact on LNG-powered vessels
Edinburgh
According to the company, European regulations would put ships with DFDE engines out of the market
French MN will transport Avio's Vega C launcher between Italy and South America
Nantes
The French company will equip itself with a new vessel designed specifically for the transport of space equipment
EU methodology for calculating greenhouse gas emissions from transport services comes into force
Brussels
The system is based on the international standard EN ISO 14083:2023
The container ship MSC Sariska V was hit by two shells in the Persian Gulf on Monday.
Geneva/Rome
All crew members were unharmed.
In the first quarter, freight traffic in the port of Bremen/Bremerhaven grew by +5.8%
Bremen
Containers amounted to 1,245,515 teu (+4.4%)
MSC acquires 51% stake in Pivdennyi container terminal (Odessa)
Odessa
It has a traffic capacity of 400 thousand TEUs per year.
The IMO Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea will enter into force on 19 November 2027.
London
Dominguez: a long-awaited achievement, which fills an important gap in the international regime
In April, ship transits through the Suez Canal increased by +13.9%
In April, ship transits through the Suez Canal increased by +13.9%
Cairo
In the first four months of 2026, an increase of +12.1% was recorded
In the first quarter, freight traffic in the port of Naples fell by -5.3%, while in Salerno it grew by +6.4%.
Naples
Container throughput in the two ports was 167,433 teu (-3.5%) and 101,509 teu (+7.8%) respectively.
Kerdjoudj (Feport): With the revision of the EU ETS, part of the proceeds should be allocated to ports.
Brussels
Call to carefully evaluate the risk of relocating transhipment traffic
With the new COSCO-PTP terminal, the port of Tarragona relaunches itself on the container market.
Tarragona
Construction work is expected to be completed in 2028 when the terminal will have a capacity of 680,000 TEUs.
In 2025, Egyptian ports set their new all-time container throughput record
Alexandria, Egypt
Strong growth in transhipment volumes, which had remained stable in 2024
The national contract for port mooring and boatmen has been renewed.
Rome
Filt-Cgil strengthens a regulatory framework essential for the sector
A study explains how to make the use of OPS facilities in European ports more attractive and effective.
Brussels
Clearer and more comparable tariffs are also needed.
Federlogistica calls for amendments to the port governance bill.
Genoa
Falteri: the new structure must guarantee the Port System Authority adequate financial resources and effective operational tools.
ESPO calls for EU ETS amendments to ensure the competitiveness of European ports.
Brussels
The negative impact on short sea shipping was also highlighted.
New measures adopted in Switzerland to strengthen the competitiveness of the maritime flag
Bern
A Swiss shipowner will be able to fly the Swiss flag even if the owning company is based abroad
Sea trials of the second cruise ship built in China have concluded.
Shanghai
The Adora Flora City will make its maiden voyage departing from the port of Guangzhou on November 22nd.
In the first quarter of 2026, the value of G20 freight traffic recorded a quarterly growth of +5.3%
Paris
Mitigation of the growth of cargo traffic in the port of Tangier Med
Tangier
In the first three months of 2026, 38.8 million tonnes were handled (+3.2%)
Cargo traffic in Chinese seaports grew by 2.6% in April
Cargo traffic in Chinese seaports grew by 2.6% in April
Beijing
Imports and exports increased by 0.6%. Containers totaled 26.9 million (+4.8%).
Fermerci asks the government for urgent measures to support rail freight transport.
Rome
Railway companies penalized by infrastructure disruptions
Port of Naples, first ship-to-ship LNG bunkering operation on a cruise ship
Naples
Axpo used the cargo barge "Green Zeebrugge"
CMA CGM closed the first quarter of 2026 with a net profit of $250 million (-78%)
CMA CGM closed the first quarter of 2026 with a net profit of $250 million (-78%)
Marseille
Revenues stable, with logistics and other activities offsetting the decline in shipping
The U.S. Supreme Court has reopened the case pitting Havana Docks against Carnival, Royal Caribbean, NCLH and MSC
New International Code of Safety for Autonomous Surface Vessels Adopted
London
It will come into force on July 1st and will be applied on a voluntary basis for at least two years
UIRR: Combined road-rail transport shipments to increase by 1.5% in 2025
Brussels
The association highlighted the disastrous effects on the railway construction sector in Germany.
Fincantieri and Teijin Automotive Technologies sign agreement to develop composite bulkheads for naval applications.
Trieste/Pouancé
Folgiero: We enable the development of lighter and more efficient units
After eight quarters of profits, ZIM reports an operating loss
Haifa
In the first three months of 2026, the volumes of cargo transported by ships also fell sharply (-8.3%)
The US has indicted four Chinese container manufacturers and seven of their executives.
Washington
The arrest of the marketing director of Singamas in France on April 14 was made public.
EU Parliament and Council reach agreement on tariffs agreement between the European Union and the United States
Strasbourg/Brussels
An expiry clause and a suspension clause have been introduced
FFS Cargo Switzerland is reorganizing its single-wagon freight network.
Bern
A reduction of 50 of the current 280 marshalling yards is expected
IMO reports 17% increase in maritime piracy incidents in 2025
London
The most affected area was the Straits of Malacca and Singapore with 122 incidents (+34%).
Hapag-Lloyd and CMA CGM have suspended bookings for maritime shipments to Cuba.
Paris/Frankfurt/Havana
Decision after Trump's expansion of US sanctions
International tender for the new container terminal at the port of Klaipeda will be held by the end of the year.
Klaipeda
It will have an annual traffic capacity of 2.5 million TEUs
The Tuscan Cooperation Development Fund invests in Uniport Livorno.
Livorno
Operation for a total of 880 thousand euros carried out together with co-investor Coopfond
Fit-Cisl, recognizing dock work as arduous is a priority
Genoa
Pagnotta: This is not a corporate claim, but a question of social justice.
Hupac increases weekly rotations between Antwerp and Busto Arsizio via France to four.
Noise
Two additional departures of the intermodal service introduced
From July, the tariff for naval transit through the Turkish Straits will increase by +14.9%.
Istanbul
It will be raised to $6.70 per net tonne
Fincantieri and Republikorp sign agreement to build multipurpose naval vessels in Indonesia.
Paris
The establishment of a joint venture is planned
Study on the divergences between the EU Ship Recycling Regulation and the Hong Kong Convention
Brussels/London
It has been published by ECSA and ICS
The 2026-2028 POT of the Southern Tyrrhenian and Ionian Sea Port Authority has been approved.
Gioia Tauro
Approval also granted to the 2026 budget forecast variation and to the update of the Port's Staffing Plan.
Autonomous Navigation: ABS, Polaris Shipping, HHI, and AVIKUS Sign Agreement
Athens
It will be tested on a VLOC under certain low-risk conditions
Tomorrow in Sant'Agnello (Naples) the inauguration event of the Italy Branch of The Nautical Institute
London
The topics of discussion will include energy transition in the maritime industry, maritime education and training.
The Municipality of Bologna is reconsidering the divestment of its stake in Interporto Bologna.
Bologna/Bentivoglio
An institutional delegation from Flanders visited the interport
Eni and Fincantieri sign agreement to develop innovative underwater monitoring technologies.
Milan/Trieste
Agreement focused on Eni's "Clean Sea" technology
In 2025, LNG consumption in Italy grew by +11% driven by industry and new uses, with the debut in the naval segment
Rome
Amadei (Federchimica LNG Group): Use ETS and FuelEU revenues to support investments and deployment of lower-carbon fuels.
RT&L partners with China's Guangzhou Salvage to strengthen its project cargo segment
Genoa
Bizzarri: the sector is characterised by wide margins for development and profitability
Last year, cargo traffic in Greek ports amounted to 140.8 million tons (-1.5%)
Piraeus
Goods volumes remained unchanged in the fourth quarter only
The International Container Study Center's board and governing body have been renewed.
Genoa
Filippo Gallo confirmed as president and Paolo Pessina as vice-president
Catani (GNV): allocate ETS proceeds to the development of synthetic fuel production chains.
Rome
Resources - he specified - also for port infrastructures and the reduction of the cost differential compared to traditional fuels
Consultation launched on plans to expand the port areas of Fos
Marseille
The goal is to involve residents and local stakeholders
Somec signs €60 million contract with Finnish shipyard
San Vendemiano
One of the most complex interventions ever entrusted to the Horizons division
Daniele Rossi, former president of the port of Ravenna, has passed away.
Rome
He led the port authority for over eight years
ONE will remove calls in Greece and Türkiye from its Adriatic Service 1 service.
Singapore
In Italy it touches the ports of Venice and Ancona
The first phase of the APM Terminals terminal in the port of Suape has been inaugurated.
Suape
It will become operational in the second half of this year
Container traffic increased in May at the ports of Singapore and Hong Kong
Singapore/Hong Kong
Singapore sets record bunkering levels for liquefied natural gas and pure B100 biodiesel
Vavassori confirmed as president of the Lombardy Association of Freight Forwarders and Haulers
Milan
Albertina Schiavoni and Mario Zini have been appointed vice-presidents
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The president of Angopi receives the first professional certificate of competence as a mooring man.
Savona
The certificate must be renewed every five years.
Fincantieri has delivered the new cruise ship Mein Schiff Flow to TUI Cruises.
Hamburg/Monfalcone
With a gross tonnage of approximately 160,000 tons, it has a capacity of approximately 4,000 passengers.
In the first three months of 2026, freight traffic in the port of Palermo decreased by -6.3%
Palermo
Traffic also decreased in the ports of Termini Imerese, Trapani, and Licata. Increases occurred in Porto Empedocle and Gela.
The Antitrust Authority has not given its final approval for the acquisition of Armas' assets and activities by Baleària.
Barcelona
Set a series of conditions
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
VARD to build a new generation fishing vessel
Trieste
It was ordered by the Norwegian company Rosund Drift
Royal Caribbean has taken delivery of its new Legend of the Seas cruise ship.
Miami
Built by Meyer Turku, it can accommodate 5,610 passengers
Concentration in the UK shipbuilding sector
London
Baleana buys APCL Group (A&P Tyne, Cammell Laird and A&P Falmouth and Falmouth Docks and Engineering)
Informal hearings of trade union representatives on port governance reform
Rome
At the heart of the critical issues highlighted - confirms Filt-Cgil - is the planned establishment of Porti d'Italia Spa
Venice, the DPSS confirms the need to build new offshore terminals outside the lagoon.
Venice
The Strategic System Programming Document has been approved by the AdSP Management Committee
The Spinelli Group has joined the Italian Association of Port Terminal Operators
Genoa
The company and Assiterminal expressed satisfaction with the resumption of an important association
In the first three months of 2026, freight traffic at UK ports fell by -2.6%
London
More significant decrease (-6.8%) in boarding loads
Mark Hindley is the new president of the European Motor Vehicle Logistics Association
Istanbul
Wolfgang Göbel was elected honorary president
At the Port of Genoa, a tugboat was stopped for irregularities in nitrogen oxide emissions.
Genoa
The vessel is used for the construction works of the new breakwater
In April, freight traffic in the port of Ravenna grew by +21.4%
Ravenna
An increase of +2.5% is expected in May
Sallaum Lines to launch dedicated China-Europe service in 2027
Nanjing
Two new 7,400 CEU PCTCs taken delivery
On June 12th in Naples, an initiative by Filt Cgil on governance in the port sector
Rome
Naval drone found in Romanian port of Constanta
Bucharest
The device self-destructed without causing any casualties.
HJSC receives approval in principle for the construction of a 10,000 TEU biofuel containership.
Athens
It was released from the Korean Naval Register
Global Ship Lease invests $917 million to purchase ten new container ships
Athens
They will be delivered between the fourth quarter of 2028 and the first quarter of 2030.
WASS (Fincantieri) and Magellan Agreement on Canada's Underwater Defense
Trieste
Industrial cooperation opportunities in the field of heavy torpedoes and countermeasures will be explored
Solutions to overcome the chronic staff shortage in the Italian maritime sector
Procida
Pagano (Maritime Labor Committee): Digitalization, simplification, and cooperation between training and businesses to overcome the crisis
Maritime training agreement signed by Gente di Mare (Cosulich) and Carnival
Genoa
Di Tizio: This collaboration allows us to bring an international project to the territory
Antipollution (V.Group) orders four eco-friendly vessels from ONEX Shipyards & Technologies
Athens
Option for four additional units
Spinelli has ordered three new handling vehicles from FTMH
Genoa
A reach stacker for empty containers has already entered service in the group's Livorno depot
Luigi Merlo to lead MSC Cruises' Italian cruise terminal company
Geneva
Centrone (formerly Fincantieri) takes over as Director of Maritime Policies and Government Affairs for the group in Italy
Greece's Skaramangas Shipyards and South Korea's HD Hyundai sign cooperation agreement
Athens
The aim is to collaborate in the construction of surface military vessels
AD Ports buys the Brazilian Corredor Logística e Infraestrutura
Sao Paulo/Abu Dhabi
The company handles the largest volume of agri-food bulk exports in the South American nation
The 2026-2028 Three-Year Operational Plan of the Northern Tyrrhenian Port Authority has been approved.
Livorno
Unanimous approval from the Management Committee
Chen Lichtenstein appointed president and CEO of ZIM
Haifa
He will replace the resigning Eli Glickman.
Gianluca Croce has been confirmed as president of Assagenti Genova.
Genoa
The members of the association's board for the two-year period 2026-2028
The Mega Serena ferry has joined the Corsica Sardinia Ferries fleet.
Vado Ligure
It has a capacity of up to 2,000 passengers and over 600 vehicles.
The first steel cutting of the Crystal Grace cruise ship took place in Marghera.
Miami
Fincantieri will deliver the vessel in spring 2028
Palumbo Superyacht awarded 13,048 square meters of mooring space to the Port of Ortona.
Ancona
Central Adriatic Port Authority, guidelines for issuing the single ZES authorization
Port of Livorno: Two new FHP MarterNeri warehouses inaugurated
Livorno
Investment exceeding 23 million euros
The Committee of the Central Northern Tyrrhenian Sea Port Authority has decided to close the institution's state of crisis.
Civitavecchia
New solution for exceptional transport on intermodal trains from FS Logistix and Van der Vlist
Verona
Two aerial platforms transported from Verona to Rostock
Port of Naples: Fire aboard GNV's Phoenix ferry
Naples
Flames broke out in the internal areas of deck 6 of the ship
Latrofa has chosen a trusted individual to lead an in-house company within the Lazio Port Authority.
Civitavecchia
The new sole director - he underlined - has been provided with particularly stringent management guidelines
In the first three months of 2026, MPC Container Ships' revenues decreased by -6.4%.
Oslo
Quarterly net income of $40.8 million (-31.8%)
The 2026-2028 Three-Year Operational Plan of the Sardinian Port Authority has been approved.
Olbia
Green light from the Management Committee
The environmental assessment process for the San Antonio Outer Harbor project has been completed.
Saint Anthony
The Viking Mira cruise ship was delivered at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
It has a gross tonnage of 54,300 tons and a capacity of 998 passengers.
In 2025, RINA recorded revenues of over one billion euros (+11%)
Genoa
Net profit up 30%
The new railway bridge has been installed at the Port of Marina di Carrara.
Marina di Carrara
Pisano: A turning point in the port's logistics organization.
Ports, freight terminals, and corridors. Venice and the Upper Adriatic as a gateway to the East.
Venice
This is the theme of the event that will be held on Thursday in Venice
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
Tomorrow in Sant'Agnello (Naples) the inauguration event of the Italy Branch of The Nautical Institute
London
Assarmatori's annual assembly will take place in Rome on Tuesday.
Rome
The event's theme is "Instructions for not navigating in the dark."
››› Meetings File
PRESS REVIEW
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
Shipbuilding's Spring Illusion: Backbone Collapses
(The Chosun Daily)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Estonian State Fleet orders electric-powered ferry from Polish shipyard Crist
Tallinn
Contract worth 49.93 million euros
In April, Spanish ports handled 1.7 million containers (+1.7%)
Madrid
Cruise passengers down by -18.4%
Container traffic in the port of Valencia decreased by 2.5% in April
Valencia
In the first four months of 2026, almost 1.8 million TEUs were handled (+0.2%)
Global Ship Lease posts record quarterly revenues again
Athens
Net profit down 24.0%
International cooperation between the Sardinian Port Authority and the Port of Tangier Ville for luxury yachting
Cagliari
Promotion of an integrated nautical circuit between Sardinia and Morocco
The new first aid medical center has been inaugurated in the port of Gioia Tauro
Gioia Tauro
Among the facilities, a first aid clinic and a CMR ambulance
BPER provides financing to Grimaldi Euromed for fleet modernization.
Milan/Naples
Resources used to partially cover the purchase of the ship "Grande Manila"
ASRY and Priya Blue establish ship recycling yard in Bahrain
Al Muharraq/Alang
First ship destined for dismantling has arrived in the Middle Eastern nation
SAAM Towage orders five new tugboats from Turkish shipyard Sanmar Shipyard
Santiago
They will have a pulling capacity of between 70 and 80 tons
Container traffic at the Port of Long Beach dropped 5.7% last month.
Long Beach/Singapore/Hong Kong
In Singapore, growth of +3.6% was recorded, while in Hong Kong containers decreased by -6.3%.
Carta (Fermerci): Urgent policies are needed to support railway companies.
Rome
In 2025, rail cargo lost approximately 3.5%, in terms of trains/km
Fratelli Neri orders two more new tugboats in Egypt
Ismailia
Contract with the Suez Canal Company for Modern Boats
Container traffic in the port of Barcelona grew by 17.4% in April.
Barcelona/Algeciras
Algeciras port increases by 6.3%.
The Islamabad government has approved the sale of a 30% stake in the Pakistan National Shipping Corporation.
Islamabad
The share will go to the state logistics company NLC which will also assume management control of PNSC
In 2025, the Spanish port system recorded record revenues
Madrid
Pre-tax profit was 349 million euros (+4.2%)
Leapmotor International strengthens its partnership with the Neapolitan Grimaldi shipping group.
Hoofddorp
In the first quarter, approximately 20,000 units were transported from China to the Italian market.
Cruise traffic in German ports reached a new record last year
Wiesbaden
With 1.51 million passengers, growth was +4.1%.
Federazione del Mare joins the celebrations for the International Day for Women in Maritime 2026.
Rome
Mattioli: The maritime economy is losing opportunities and potential.
After years of sustained growth, short sea shipping in Spain has entered a phase of structural slowdown
Madrid
This is what the latest report from the Observatorio Estadístico del Transporte Marítimo de Corta Distancia reveals.
AD Ports to buy German freight forwarder MBS Logistics
Colony
The company has over 450 employees and 26 offices worldwide.
The Spinelli Group has joined the Sustainable Intermodal Logistics Association
Genoa/Rome
Summary: ALIS can offer our ecosystem strategic added value
$200 million investment to build and equip the new multipurpose terminal at Pointe-Noire
Brazzaville/Abu Dhabi
Ordered three ship-to-shore cranes from ZPMC
Evergreen confirms purchase of five new 24,000 TEU containerships
Taipei
They will be built by the Chinese shipyard Guangzhou Shipyard International
Korea will launch an Asia-Europe containerized shipping service on the Arctic route in the coming months
Busan
The tender concluded with the preliminary selection of the PanStar company.
In the period January-March, freight traffic in the port of Koper decreased by -3.9%
Ljubljana
In the container sector, 2.4 million tons were handled (-1.7%)
The Maritime Union has raised new alarm over the fate of former ILVA ships.
Verona
Their possible demolition puts 240 maritime jobs at risk
Last chance to recognize some port jobs as strenuous and to establish a pension fund
Genoa
Siemens to acquire Italian MERMEC business
Monk
The transaction will include the Ferrosud rolling stock production plant in Matera
Growth in intermodal traffic at the Nola interport
Nola/Milan
Economic and financial analysis by the Fedespedi Research Center on freight terminal management companies
Quarterly decline in goods handled by Montenegro's ports
Podgorica
The increase in cargo volumes to and from Italian ports continues, albeit at a slower pace.
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