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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

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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

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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

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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

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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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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...

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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.

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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

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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.