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17 February 2025 - Year XXIX
Independent journal on economy and transport policy
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January 14, 2025

free news
Exim India web site
JANUARY 14, 2025
  • Kerry Indev Logistics wins the prestigious LEAPS 2024 Award - A Consecutive Victory
  • JN Port invites bids for setting up and running automated empty container yard
  • India's e-way bills surge by 17.6 pc in Dec.
  • Israel mulls alternative to Suez Canal
  • Container ship order book at a new high
  • DP World hits 100 million TEU capacity milestone
  • Food, beverages, marine exports seen at $100 bn in 5 yrs: Goyal
  • Coal imports up in Apr.-Nov.
  • Proposed strikes at ports on the US East Coast and Gulf Coast called off; container freight rate growth expected to moderate
  • Major investment planned to boost infra along national waterways, promote green shipping
  • GDP growth seen at 6.2 pc in FY25; 6.5 pc in FY26: HSBC
  • Mandatory import regulations in Saudi
  • ILA and USMX reach tentative agreement on new six-year master contract, preventing a strike at USEC and Gulf ports
  • OCEAN Alliance lines ink OCEAN Alliance Day 9 Product; to be launched in April 2025
  • VOC Port leads in average container turnaround time among Major Ports
  • CMA CGM PSS from Indian Subcontinent, Middle East Gulf, Red Sea & Egypt to the US East Coast & US Gulf

free news
International Transport Journal web site
JANUARY 14, 2025
  • Hannibal links Melzo and Moerdijk
  • Safety initiative for Australian truckies
  • Freight forwarder Tisa names new CCO
  • New CFO for Dachser
  • Modernising ports worldwide
  • Building e-commerce solutions in the Middle East
  • "Curiosity of the Day"
  • An excellent year for Liège airport
  • Management changes at FlexiVan
  • Terminal in Perm increasing capacity
  • Expanding renewable fuel networks in Europe
  • A new year for logistics
  • Easa safety guidance for Russian airspace - an update

free news
The Loadstar web site
JANUARY 13, 2025
  • Three new services and a transpacific focus for Ocean Alliance in 2025
  • Launch of new tariffs 'a speeding train', be ready, US importers warned
  • 'Licking wounds'
  • in Brief Podcast | Week 2 | Trade war, Chinese New Year and suspended strike
  • Cosco to play a major role in China's container hub ambitions for Yangpu Port
  • OceanX: Bonus time for carriers; Asia-Europe rate wars; record volumes
  • Scant room for sustainable growth in aviation, says watchdog T&E
  • 'Military asset' listing sees Cosco and CCA barred from Pentagon contracts

free news
Marine Log web site
JANUARY 13, 2025
  • WSF reports surge in 2024 ridership
    The largest ferry service in the U.S., Washington State Ferries (WSF), welcomed nearly 500,000 more people aboard last year compared to the year before. Ridership for the year was more than 19.1
  • LDA and Vattenfall in long term three-SOV agreement
    Swedish-headquartered energy company Vattenfall has selected France's Louis Dreyfus Armateurs (LDA) to build, own, and operate up to three Service Operation Vessels under long-term contracts. LDA was selected following a complex and
  • Grounded bulker Algoma Verity successfully refloated
    U.S. Coast Guard Fifth District reported Saturday that the M/V Algoma Verity had been refloated and was moored at Tioga Marine Terminal, approximately two miles north of Philadelphia's Benjamin Franklin Bridge on

free news
Container News web site
JANUARY 13, 2025
  • The United States Eases Sanctions on Syria
  • Scienco/FAST joins forces with UniBallast for innovative container idea
  • Visy Oy acquires Autepra UAB
  • ABP secures landmark agreement with UK's Ministry of Defence
  • CMA CGM to revamp AMERIGO service
  • Hapag-Lloyd launches new India Asia Express service
  • Two ships sink around Singapore
  • ZIM joins "Move to -15" coalition
  • Hannibal launches intermodal service connecting Italy with the Netherlands
  • Ocean Alliance rolls out new service network
  • OOCL unveils third 16,828 TEU container ship
  • Maersk revises peak season surcharge from Far East to East Coast of South America
  • Clecat: Rates driven by capacity not service

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Lloyd's List web site
JANUARY 13, 2025
  • Container lines on track for yet another quarter of high profits
    Container stocks are falling because spot rates are declining and a US port strike has been averted. But when the...
  • Ingosstrakh says US sanctions on marine insurer undermine maritime safety
    Two of Russia's main providers of marine insurance for shipping Russian oil are now under US and UK sanctions
  • First signs of post-sanctions stranded Russia oil cargoes emerge at Chinese ports
    With more than half of Russian crude last month shipped on tankers now sanctioned, oil producers are expected to recalibrate...
  • Watch aftermath of Israel's attack on Yemeni port
    The Israeli Defence Force confirmed it was responsible for the attack which followed 'repeated UAV and surface-to-surface missile attacks against...
  • DryDel Shipping opens commercial office in Houston
    DryDel Shipping USA will initially focus mainly on agriproduct and pet coke cargoes for ultramax and handymax tonnage
  • Idan Ofer to acquire up to 8.5% of green fuel tech firm SulNox
    'Transformative' deal with owner of containerships, tankers, bulkers and car carriers includes use of fuel additive on at least 30...
  • Seafarer abandonment cases spike in 2024
    An alarming increase of 118% in cases of seafarer abandonment has been reported to the IMO/ILO database last year, which...
  • Ships being circulated for recycling on the rise
    'We are approaching a period of potential increased flow of recycling tonnage, but at present uncertainties prevail at multiple fronts...
  • The week in charts: One cable cutting vessel has three separate digital identities | Panama Canal sees rising ship traffic | US sanctions over 180 vessels
    Taiwan is looking for one vessel, not three, for cable cutting; Panama Canal transits were up up 6% in December...
  • Sanctioned tonnage lifted 56% of Russian crude in December
    More than 200 Russia-trading tankers have been sanctioned by Western regulators in the past three weeks, mostly targeting crude tankers
  • Cosco Shipping rides market tailwinds to 2024 earnings bonanza
    CSH has highlighted Red Sea disruptions as a key market factor, which has led to a shortage of effective shipping...
  • The week in newbuildings: Elbdeich Reederei adds to regional feeder boxship orderbook
    Orders for two bulk carriers, two boxships, a pair of offshore construction vessels, three gas carriers and 12 tankers recorded...
  • OOCL posts bumper 2024 results thanks to late surge
    Healthy transpacific and Asia-Europe rates mean OOCL registered a 30% growth in revenue despite a modest increase in liftings
  • The Daily View: Biden's parting gift
    Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
  • Countries call on IMO to regulate against biofouling
    Several countries have called in an MEPC submission for biofouling regulations to minimise the transfer of invasive species, saying global...
  • South Korea launches $680m green fuel infrastructure fund
    First project involves constructing additional liquid cargo storage facilities at Hyundai Oil Terminal in Ulsan. The port has been designated...
  • All crew rescued after Malaysian tanker sinks near Singapore
    All eight crew members were safely evacuated, and navigational traffic through the Singapore Strait remains unaffected, according to the MPA
  • Bulker grounded in Delaware river refloated
    A bulker that ran aground in the Delaware river on Wednesday was refloated on Saturday and moved to the Tioga...
  • Daily Briefing
    Dark fleet tactics evolve as tankers take on multiple interchangeable digital identities | Going out with a bang: US sanctions...

news on subscription
The Journal of Commerce web site
JANUARY 13, 2025
  • Two US shippers latest to allege carriers bumped contract cargo to spot market
    The twin complaints to the FMC charge that several ocean carriers pushed the shippers into paying surcharges and premium rates totaling $5.5 million, while creating another $76 million in added spot market costs.
  • Trucking rates out of US ports rise on frontloading, cargo shift
    Shipper-paid spot truck pricing from major US ports rose faster than the average US rate in late 2024 as importers prepared for a potential longshore strike.
  • CBP seeks industry input on rules curbing low-value shipment abuse
    The US is seeking to amend rules regarding so-called de minimis shipments, which have skyrocketed since the pandemic.
  • Indian forwarders seek clarity on spot booking program for Gemini Europe sailings
    Multiple forwarder sources who spoke with the Journal of Commerce confirmed that the portal booking specifics are still unavailable for February voyages from India to Europe.
  • Ocean Alliance network to grow trans-Pacific, Asia-Europe coverage
    The uncertainty surrounding the Red Sea was highlighted by member OOCL, and although the carrier provided both an around-Africa option and a version via the Suez, it said the Africa diversions will continue until further notice.

news on subscription
TradeWinds web site
JANUARY 13, 2025
  • Tsuneishi Shipbuilding eyes new shipyard in East Timor
  • Clarksons launches new dry cargo desk in Hamburg
  • US sets stage for penalties against Chinese shipbuilding after finding Beijing support is unfair
  • Louis Dreyfus Armateurs chosen by Sweden's Vattenfall for wind farm vessel project
  • US sanctions sting will create 'fly-by-night' maritime insurance market, claims Russian insurer
  • Capesize spot rates jump 11.5% with Atlantic market leading the way
  • Venture Global LNG thinks big in bid to raise $2.3bn from New York IPO
  • Shipping veterans launch new investment manager Zeaside Capital Partners
  • Alafouzos firm Kyklades pushes fleet renewal with aframax tanker sale
  • Shipyard building Eni FLNG unit targeted in latest US sanctions list
  • Cleaves Securities hits back at criticism over 'irresponsible' handling of funds by watchdog
  • Icap targets bulker operators with a Danish physical dry commodities desk led by FIS veteran
  • Three newly sanctioned tankers in limbo off China with Russian crude cargoes
  • Greek shipowner Pleiades boosts LR1 orderbook with trio of extra tankers

news on subscription
American Shipper web site
JANUARY 13, 2025
  • EPA awards $1 million to New Orleans container port project
    The Environmental Protection Agency has awarded the public-private Louisiana International Terminal project $1 million toward its Sustainability Management Plan.
  • All-cargo airlines expand capacity on Europe-Asia routes to start 2025
    Several freighter operators are flying new routes this year between Europe, Asia and the Middle East to meet increased customer demand.
  • Overhaul secures $55M in funding to accelerate growth
    Supply chain visibility firm Overhaul raised $55 million in funding to finance technology growth and acquisitions.

››› File
FROM THE HOME PAGE
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
London
Platten: Only through a global solution will we achieve our net zero emissions goals
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Forty-eight million from the PNRR for the electrification of the eastern dock of the port of Gioia Tauro
Joy Taurus
The testing must take place by March 2026. Agostinelli: we expect the collaboration of the administrations, because it is a work for the survival of the port
In 2024, Hupac recorded a decline of -2.6% in combined road-rail transport volumes
Noise
Stahlhut: We expect the infrastructure manager to make concessions in the event of a diversion of services for construction sites
Fincantieri has delivered the new cruise ship Mein Schiff Relax to TUI Cruises
Hamburg/Monfalcone
The second "inTUItion" class unit will also be built in Monfalcone
Malaysia's Tanjung Langsat Port is Proposing a Biofuel Bunkering and Export Hub
Kuala Lumpur
Agreement between TLP Terminal, Dovechem and bac Renewable Energy
Container traffic at Marsaxlokk transhipment hub increased by +2.1% in 2024
Kalafrana
Almost 2.9 million TEUs were handled
Last year, cargo traffic in Tunisian ports decreased by -5.5%
The Goulette
In the last quarter, a growth of +6.5% was recorded
DP World's Container Terminals Set New Annual and Quarterly Traffic Records
Dubai
In 2024, 88.3 million TEUs were handled (+8.3%)
Maersk's annual economic performance grows
Copenhagen
Record financial results recorded by port terminals
Euroports and Gek Terna to manage Greek commercial port of Kavala
European transport associations call on EU for more funding for the sector
Brussels
Concern about the desire to allocate a large part of the resources towards national plans
Finsea Completes Acquisition of ArcelorMittal's Italian Finished Goods Landing and Logistics Business
Genoa
Finsea Steel becomes general agent for Italy of all vessels chartered by the Luxembourg group
Norwegian Cruise Line Holdings Orders Four More Cruise Ships From Fincantieri
Trieste
The letter of intent signed last April has been transformed into a contract
In 2024 the port of Civitavecchia set a new historical record in cruises
Civitavecchia
Traffic of over 3.4 million passengers (+4.3%) recorded
Despite the progress made, the EU maritime industry faces major environmental and sustainability challenges
Lisbon/Copenhagen
A complaint has been filed regarding the unconstitutionality of the law on the concession to the Panama Ports Company
Panama
Reference to the mining contract that was declared unconstitutional in 2023
In the fourth quarter of 2024, ship transits through the Panama Canal began to grow again
Balboa
Traffic decreased by -10.8% for the whole year
Last year, cargo traffic in Turkish ports increased by +2.0%
Ankara
Trade with Italy stable. Cruise passengers increase by +22.5%
In the October-December quarter, ONE's revenues increased by +44.4%
Singapore
Cargo transported by the fleet increased by +4.5%
Last year traffic in the port of Trieste grew by +7.1%
Trieste
Sharp increase in liquid bulk (+10.6%) and more moderate in general cargo (+1.8%). Sharp drop in dry bulk (-72.7%). Record cruises
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
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
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
››› Meetings File
PRESS REVIEW
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
PM approves plan to reform maritime sector
(The Express Tribune)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
Shipowner Giovanni Montanari has passed away
Rome/Fano
He was president of Confitarma and of the Port Authority of Ancona
CMA CGM includes four more Italian ports in the TMX 2 service
Marseille
Stopovers in Algeria removed
Interporto Padova collects over ten proposals for participation in the terminal activity
Tarros renews GPS service by combining two rotations
The Spice
Return to the landings in Spain
In 2024, vessel traffic in the Bosphorus Strait increased by +6.1%
Ankara
In the fourth quarter alone, the number of ships increased by +3.0%
With the PNRR, over 70% of Italian Port Authorities have equipped themselves with a Port Community System
Rome
Musolino appointed extraordinary commissioner of the AdSP of the Central-Northern Tyrrhenian Sea
Civitavecchia
Salvini signed the decree yesterday
The Central Adriatic AdSP PIAO 2025-2027 has been approved
Ancona
Further increase in the organization's staff is expected
In the ports of Genoa and La Spezia, protests are rising over the downgrading of Ligurian Customs
Genoa/La Spezia
Botta: they are essential structures for the proper functioning of the Italian economy
Ports of La Spezia and Carrara, deadline for tender for purchase of green vehicles postponed
The Spice
It has been postponed to February 14th
The second edition of the Executive Master in Shipping Management is underway
Rome
It is organized by Confitarma and its training body ForMare
ECSA, recognition of the centrality of shipping for Europe's growth is good
Brussels
Raptis: It is an essential part of the energy transition of our economy
The optimized layout of the new breakwater of the port of Genoa has been approved
Genoa
Simultaneous construction of the two phases of the project is now planned
ABB Group revenues grew by +4.2% in the fourth quarter of 2024
Zurich
Positive trend in the railway, maritime and port segments during the year
AdSP of Western Liguria, the Integrated Plan of Activities and Organization 2025-2027 approved
Genoa
Contributions recognized to CULMV and CULP for the re-employment of personnel
New historical record of annual traffic of goods in Albanian ports
Tirana
In 2024, 7.75 million tonnes were handled (+14.6%)
The merchant ship Guang Rong ran aground in Marina di Massa
Leghorn
The crew was rescued
Pessina (Federagenti): Trump has made the world rediscover the importance of waterways
Rome
Only the sea - he observes - is the key to overturning old balances
Two ships stopped in the port of Genoa due to serious deficiencies
Genoa
Last year, ten of the 120 foreign ships inspected were stopped at the Ligurian port
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