A US administrative court has ordered Orient Overseas Container Line (OOCL) to pay $45.6 million in compensation to the retailer Bed Bath & Beyond, which went bankrupt in 2023. Judge …
Port News (IT)
Latest maritime news from Port News (IT) 50 articles shown
Recent Articles
Between the fourth quarter of 2025 and April 2026, the average speed of the containership fleet decreased by 2.3%, from 15.58 to 15.22 knots. This sharp slowdown took place almost …
The upward trend in shipping capacity shows no sign of abating. MSC (Mediterranean Shipping Company) is consolidating its global leadership, having officially surpassed the 7.3 million TEU mark – a …
Washington’s tough stance against Tehran’s oil exports continues. The latest incident concerns the VLCC Tifani, a vessel whose flag remains a mystery, but which is very well known to OFAC …
JP Morgan, the US banking giant, is reportedly set to invest half a billion dollars in crude oil transport through a new order placed with the Chinese shipyard Dalian Shipbuilding …
The spotlight is once again on Somali piracy after a sudden escalation: four attacks in just four days, including two successful hijackings. This wave of violence has forced the authorities …
The North Tyrrhenian Port Network Authority’s Management Committee unanimously approved the appointment of Commander Pierpaolo Danieli as Secretary-General this morning. The proposal, put forward by President Davide Gariglio, highlights a …
The ocean shipping market on the Asia-North America route is undergoing an unprecedented structural shift. According to the latest report from Sea-Intelligence (Sunday Spotlight No. 761), the market share of …
The freedom for ships to sail in the Middle East is at a critical turning point. It is no longer just missiles and drones: the new threat to global trade …
The official tour of Assoporti’s new President, Roberto Petri, continues. Today he visited the North Tyrrhenian Port Network Authority’s headquarters at Palazzo Rosciano. He was welcomed by the President of …
Going beyond green rhetoric to turn ecological transition into an industrial lever capable of reshaping the balance of power in the Mediterranean. This is the strategic political message launched this …
Arsenio Dominguez, Secretary-General of the International Maritime Organization (IMO), has spoken out strongly against the dramatic escalation in the Strait of Hormuz. In an official statement, the head of the …
A new wave of tension in the Persian Gulf. In the early hours of Wednesday 22nd April, the Islamic Revolutionary Guard Corps (IRGC) navy intercepted and took control of two …
The official tour of Assoporti’s new President, Roberto Petri, continues. Today he visited the North Tyrrhenian Port Network Authority’s headquarters at Palazzo Rosciano. He was welcomed by the President of …
Peace talks between Iran and the US don’t seem to be making any headway. On the contrary, tensions are set to escalate further, with consequences that could go as far …
The Strait of Hormuz has been officially reopened to commercial shipping. The announcement was given by the Iranian Foreign Minister, Abbas Araghchi, following the agreement on a ten-day ceasefire in …
The North Tyrrhenian Port Network Authority was a key player at Seatrade Cruise Global 2026, the world’s most prestigious cruise industry event held at the Miami Beach Convention Centre from …
Last Saturday, the International Maritime Organisation’s (IMO) Legal Committee approved its first international guidelines to combat the fraudulent use of flags. This regulatory package fills a long-standing gap, as until …
Eli Glickman’s era at the helm of Zim is coming to an end. In a statement to the New York Stock Exchange, the long-serving CEO has announced his departure from …
Normally, less than 20% of oil from the Persian Gulf is exported to Europe, and Italy’s share is less than 4%. So is it really appropriate to talk of an …
On 7th April, a bulk carrier was hit by two projectiles in the Arabian Sea, 112 nautical miles east of Oman. The news only came out today. The projectiles reportedly …
The fire that broke out on 10th April on the Ever Lenient, a 9,466 TEU containership operated by Evergreen and moored at the PSA Pasir Panjang terminal in Singapore, was …
From 11th April to 29th May 2026, the North Tyrrhenian ports— Livorno, Piombino, Portoferraio, Rio Marina, Cavo and Capraia — will once again come alive with the Italian Port Days …
Despite Trump’s insistence on social media, the Strait of Hormuz remains a thorny issue. Rather than a free route, this vital passageway for the global transit of crude oil and …
Panama Canal crossings skyrocketed in March, hitting their highest level ever in recent years due to a combination of geopolitical and operational factors. The closure of the Strait of Hormuz …
According to a number of press agencies Somalia has officially registered its first ship under its national flag since the collapse of the country’s central government in 1991. The Guney, …
Drewry’s Intra-Asia Container Index (IACI), a weighted average of weekly spot rates on 18 major intra-Asian trade routes, shot up 28% in the first week of April, hitting $865 per …
India has recently secured its first order for ammonia-powered dual-fuel vessels: Swan Defence and Heavy Industries Limited (SDHI) has signed a contract with Energy One Limited to build four 92,500 …
The Non-Operating Owners’ (NOOs)fleet in the 700-9,000 TEU categories, the most popular on the charter market, has continued to shrink over the past twelve months, albeit at a slower pace. …
After two COSCO boxships – initially banned by Tehran – a CMA CGM container ship has also successfully crossed the Strait of Hormuz though the safe maritime corridor approved by …
The situation in Hormuz represents more than just an energy crisis; it is a further sign of the gradual decline of international law. Maurizio Maresca is fully convinced of this: …
Cruise ships are coming back to Portoferraio. Two days ago, the Alto Fondale quay welcomed the first cruise ship of the summer season: the MS Europa, operated by Hapag Lloyd …
The European Union is stepping up its efforts against the so-called shadow fleet, which consists of 600–700 vessels operating outside Western insurance and financial systems to transport Russian crude oil. …
Apparently not even Tehran’s allies are able to remain immune from the shockwaves of a conflict that, with each passing day, increasingly risks turning into a war of attrition. Two …
Container shipping rates are up 5% on last week, averaging $2,279 /FEU. This marks the fourth consecutive weekly increase in spot rates. Rates on Asia-Europe routes are also rising, with …
Ocean Network Express (ONE) has just announced it has signed an agreement to acquire a 30% stake in Hutchison Laemchabang Terminal Limited (HLT), a container terminal operator at Laem Chabang …
The North Tyrrhenian Port Network Authority has renewed the agreement with third sector associations (SVS Pubblica Assistenza Livorno, Italian Red Cross Livorno, Misericordia Livorno, Misericordia di Montenero and Misericordia di …
German shipowners pushing for a seafarer reserve to deal with recurring disruptions to the goods supply chain. The idea, put forward by the German Shipowners’ Association (VDR), is to make …
Imagine being a dockworker who, every day, has to carry out routine tasks that require considerable physical effort, such as lashing cargo on board a ferry or a car carrier …
The 48-hour ultimatum issued by Donald Trump last Saturday is due to expire tonight. The US has threatened to destroy Iran’s electricity plants if the Islamic Republic does not fully …
Lloyds List reports that a feeder containership is the first Chinese-owned vessel to pay Iran to cross the Strait of Hormuz safely. It says that the New Voyager, flying the …
“What we have set in motion is a massive project involving many workers and companies that are leaders in their respective fields. Apart from the lengthy authorization procedures prior to …
On Thursday Iranian media sources reported that Tehran is reportedly considering a legislative proposal to impose transit fees for ships crossing the Strait of Hormuz. The proposal aims to impose …
“The conflict in Iran is yet another test for global logistics and for port terminals too. I believe that, from the Covid period to the present day, our entire system …
“Il conflitto in Iran è l’ennesimo banco di prova per la logistica globale e anche per i terminal. Credo che dal periodo del Covid ad oggi tutto il nostro sistema …
Although there are conflicting reports on the matter, rumours of an imminent agreement between China and Iran regarding the safe transit of crude oil through the Strait of Hormuz continue …
A humanitarian corridor to evacuate seafarers and ships stranded in the Gulf. The measure was approved yesterday at an extraordinary session of the Council of the International Maritime Organization. The …
Working increasingly as a team as part of a systemic approach. According to Davide Gariglio, President of the North Tyrrhenian Port Network Authority, this is the priority for port authorities. …
The conflict between the US and Iran continues to take its toll on merchant ships crossing the Strait of Hormuz. The latest to be hit is the Mayuree Naree, a …
Stay Updated with Port News (IT)
Never miss important maritime news from Port News (IT). Set up personalized alerts or search for specific topics to stay informed about industry developments.