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01 July 2025 - Year XXIX
Independent journal on economy and transport policy
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December 1, 2022

free news
Exim India web site
DECEMBER 1, 2022
  • MSA Global forays into auto logistics
  • Reach stacker manufacturing sector needs subsidised policy
  • PSA India launches new direct southern rail connection to Cochin
  • CONCOR's revised additional discount scheme on rail freight of empty containers' repositioning based on incremental imports
  • A.P. Moller-Maersk & IBM to discontinue TradeLens, a blockchain-enabled global trade platform
  • Gateway Distriparks to commence container train services at ICD Kashipur
  • India calls for time-bound action plans for digitisation at IMO Council Session
  • Ammonia-fuel ready LNG-fuelled vessel proceeds to actual design
  • YOU ASK.. WE ANSWER...
  • DGFT notifies lifting of ban on export of organic broken non-basmati rice
  • Bumper wheat production seen in 2023
  • Railways aims at over 100 coal connectivity projects
  • Seafood exports likely to miss target for FY23
  • ONE's new weekly IGS service to connect Jebel Ali with Mundra, Hazira & Nhava Sheva
  • Permissible draught at New Mangalore Port berth up

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International Transport Journal web site
DECEMBER 1, 2022
  • Europe to Central Asia rail service launched
  • GoA4 passes the test
  • Negative impact on world trade
  • Allcargo makes big purchase
  • K+N: Marc Pfeffer to join management board
  • Masterplan for King Salman International Airport
  • Low waters leaving their mark on the Rhine
  • A new project team is on
  • Forwarder reactivates industrial rail track
  • Switzerland adopts European drone regulations
  • Deutsche Aircraft promotes Maximilian Fahr
  • Ammonia import terminal rises from the waters
  • Air & logistics united for net zero
  • Financial support for booking platform
  • "Curiosity of the Day"
  • Mileway picks Aymeric Canivenc
  • Iata renews Ceiv Pharma for Portground
  • Avianca: three new speed service levels

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The Loadstar web site
NOVEMBER 30, 2022
  • Fears that transatlantic rates may sink under the weight of extra tonnage
  • Decaying demand sees China's ports building empty container mountains
  • Fate of TradeLens data in the ether as Maersk ditches blockchain platform
  • Zergratran's new Panama Canal 'alternative' - pull the other one
  • Atlas Air shareholders vote for merger, despite alleged violations of Securities Act
  • EU gets updated shipping ETS and now the focus switches to aviation
  • Government must stand firm, say shippers after latest Korean strike talks fail
  • Après moi, le déluge
  • US 'annual shopping orgy' sees record sales as retailers heavily discount
  • US trucking industry on the verge of freight-tech revolution

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Marine Log web site
NOVEMBER 30, 2022
  • Maritime Partners orders key technology for Hydrogen One
    Plans to make the world's first methanol/hydrogen fuel cell-powered towboat - Hydrogen One -a reality are moving forward. The vessel will be powered by hydrogen generated from methanol and Maritime Partners, which

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Container News web site
NOVEMBER 30, 2022
  • SC Ports contributes US$50,000 to urban trail system in the City of Greer
    South Carolina Ports (SC Ports) is contributing US$50,000 to the City of Greer to help create an urban trail system in the Sunnyside community. The proposed trail system, called the Wards Creek Trail, will provide a new recreational amenity for Sunnyside residents, according to South Carolina ports and it is designed to create more pedestrian access and connectivity to the City of Greer's downtow
  • Tips for Buying a Classic Car Online
    When it comes to classic cars, nothing beats the experience of buying one. You can inspect every inch, chat with the seller, and get a feel for the car's history. But what if you don't live near any classic car dealerships? What if the vehicle you want is out of your price range? In those cases, buying a classic car online may be your best option. Here are some tips to ensure the process goes as
  • ICTSI announces start of first Rijeka - Austria direct cargo rail service
    International Container Terminal Services Inc. (ICTSI) has announced that a new first regular train connection has been launched between the Croatian port of Rijeka and Enns in Austria. The first train for Container Terminal Enns (CTE) in Austria departed from ICTSI's Adriatic Gate Container Terminal (AGCT) on 11 November. The block train is operated by Maersk Line with CD Cargo Adria providing r
  • UTURN introduces container price calculator tool
    UTURN has announced the launch of the first container price calculator on 1 December 2022, which is expected to provide a benchmark and insights into the duration of the transportation, the number of kilometres and the Co2 emissions. According to UTURN, a logistics tech scale-up that optimises and matches container transports in Europe, its new tool calculates today's price for container transpor
  • Port Houston adds container yard space and approves next year's budget
    Port of Houston Authority has unveiled its plans to add container yard space aiming to improve the efficient movement of goods in order to reduce ongoing disruptions to the supply chain. More specifically, Port Houston plans to use approximately 405,000 m² at the developed Bayport East End (East End) of the Bayport Container Terminal (BPT) in Harris County, Texas as an additional container yard (
  • Maersk opens new storage facility in Pakistan
    A.P. Moller - Maersk inaugurated its new Integrated Logistics Park at Port Qasim in Pakistan. This facility will cater to storage requirements of cargo from retail & lifestyle, Fast Moving Consumer Goods (FMCG), automotive and technology sectors, according to the company. With its six purpose-built sheds, the new facility makes Maersk the country's largest logistics and warehousing provider, with
  • CMA CGM starts new link between Morocco, Canada and US East Coast
    CMA CGM has announced the launch of a new seasonal offering connecting Tanger, Morocco with the United States East Coast & Canada during fruit and vegetable season. The rotation of the new service, MOCANA, will be Tanger Med (Morocco) - Halifax (Canada) - New York (US)- Norfolk (US)- Savannah (US) - Charleston (US)- Tanger Med. The 9,661 TEU boxship CMA CGM Pelleas will be used on the next voyage
  • Port of Salalah and Maersk to launch new multimodal transport solution
    Port of Salalah, partnered with Danish container carrier Maersk, will launch a new multimodal transport solution to Al-Mazyunah free zone in Oman. Designed to facilitate inland services, the new offering extends beyond the port and includes securing customs clearances and bonded trucking services to Salalah and Al-Mazyunah free zones hubs under carrier haulage. According to Salah port, the new se
  • OCEAN Alliance to upsize Transatlantic lane again
    The OCEAN Alliance is upsizing its transatlantic service again by replacing four 8,500-10,000 TEU ships with four 11,000 to 14,000 TEU vessels. COSCO Shipping Lines, CMA CGM and Evergreen Marine Corporation form the alliance. On 9 December, the 14,000 TEU Tampa Triumph will become the largest vessel ever deployed in the North Europe - US East Coast trade when it replaces the 9,466 TEU Ever Lucky.
  • ONE introduces new service to connect India and UAE
    Singaporean container line Ocean Network Express (ONE) will launch a new weekly service, connecting India with the United Arab Emirates (UAE). The new India Gulf Service (IGS) has been developed, according to ONE, in order to provide a stable and quick connection to its customers and to cover the rising trade demand between the two countries which has been boosted by the Comprehensive Economic Pa
  • Maersk and IBM shutdown TradeLens
    AP Moller - Maersk and IBM have decided to withdraw the TradeLens offerings and discontinue the platform. "TradeLens was founded on the bold vision to make a leap in global supply chain digitisation as an open and neutral industry platform. Unfortunately, while we successfully developed a viable platform, the need for full global industry collaboration has not been achieved. As a result, TradeLen
  • ONE Trust, equipped with wind deflector, arrives in France
    The 20,170 TEU container vessel ONE Trust is the first ship in the world to be equipped with a wind deflector on the bow. The vessel of Ocean Network Express (ONE) arrived in Le Havre, France in the previous week, making its first port of call after the installation of the new device. ONE Trust is the only, of a series of six 20,170 TEU container ships, to be equipped with this device. The instal

free news
Splash web site
NOVEMBER 30, 2022
  • New report puts a $90bn price tag on UK's shipping net zero target
    UK maritime sector will need around £75bn ($90bn) of investment over the coming three decades to transition to net zero, a new report released by London-based shipping asset manager Marine Capital estimates. In 2019, the UK became the first major economy in the world to legislate to reach net zero by 2050 including the domestic ...
  • EU agrees preliminary ETS deal for shipping
    EU institutions have hammered out a preliminary agreement to include shipping within the scope of the emissions trading system (ETS). Under the deal struck late Tuesday evening, all ships of 5,000 gt and over within the EU will be required to pay for 100% of their emissions, while 50% of the emissions on voyages between ...
  • Terntank orders up to four methanol-ready and wind-assisted battery hybrid tankers
    Tanker operator Terntank has placed an order at China Merchants Jinling Shipyard in Yangzhou for the construction of up to four battery hybrid 15,000 dwt ships that will be methanol-ready and sport wind-assisted propulsion. The firm two newbuilds, also powered by gasoil and biofuels, have been designed by Kongsberg and are set to deliver in ...
  • Ineos bolsters ethane carrier fleet with Iino's VLECs debut
    London-headquartered chemicals firm Ineos has sealed a long-term charter deal with Japanese shipping line Iino Kaiun Kaisha (Iino Lines) for two newbuild very large ethane carriers (VLECs). The 99,000 cu m newbuilds will deliver in 2025 and 2026 bringing Ineos' ethane fleet to a total of 18 vessels, including ten VLECs and eight Dragon class ...
  • Celsius adds to Samsung Heavy LNG carrier orderbook
    Celsius Tankers, a unit of Danish owner Celsius Shipping, has ordered an additional 180,000 cu m LNG carrier at Samsung Heavy Industries, taking its orderbook of ultra-eco ships at the yard to 10 and adding to the fleet of four units already delivered in 2020 and 2021. The vessel will be built to Lloyds' Register ...
  • Secondhand bubble has 'burst'
    Even though tanker assets have shot up in recent months, overall secondhand ship prices are in free-fall. The newbuilding index managed by Clarksons Research has this month gone back above the company's secondhand index (see inset chart), a return after 19 months to more normal shipping patterns. While the two indexes are not indexed relative ...
  • Splash Extra: Muted maritime trade growth forecast through to 2027
    Yesterday the United Nations Conference on Trade and Development (UNCTAD) published its keenly read Review of Maritime Transport 2022. The 190-page report covers seaborne trade, the world fleet, freight rates and port traffic among a host of other data points. For the period 2023-2027 UNCTAD is predicting maritime trade growth to expand at an annual ...
  • DEME and Jan De Nul lining up French wind farm deals
    Belgian marine contractors DEME and Jan De Nul are lining up work on the Dieppe-Le Tréport offshore wind farm in France. Les Éoliennes en Mer Services, a consortium of Engie, EDP Renewables, Sumitomo Corporation and Caisse des Dépôts said it had inked a vessel reservation deal with Jan De Nul for the transport and installation ...
  • Maersk and IBM fold TradeLens
    Maersk and IBM have announced they will discontinue their work on their TradeLens blockchain platform, citing a lack of industry willingness to participate. The platform, under development since 2018, will go offline by the end of Q1 next year. "TradeLens was founded on the bold vision to make a leap in global supply chain digitisation ...
  • Wintermar bolsters fleet with AHTS pair
    Indonesia's Wintermar is expanding its offshore support fleet with the acquisition of two anchor handling tug supply (AHTS) vessels. The transaction details have not been disclosed, except that the AHTS pair will be known as SMS Sonnet and SMS Stanza after delivery and will be used beginning in the first quarter of 2023. Wintermar has ...
  • Carrier results could fall up to 70% in the fourth quarter: Alphaliner
    With the container shipping industry widely accepting that the peak of an epic cycle was passed by the middle of this year, attention is turning to how severe the drop in profits could be in the coming quarters. Alphaliner is warning carrier results could fall up to 70% in the fourth quarter, with Israel's ZIM ...
  • Tsakos urges Rishi Sunak to make London a more attractive place for shipowners
    One of Greece's most famous shipowners has called on the new Rishi Sunak administration in the UK to make London a more attractive place for shipowners. Nikolas Tsakos, the head of tanker giant Tsakos Energy Navigation (TEN), has decided to come onboard as a sponsor of next year's London International Shipping Week (LISW). In doing ...
  • Costamare details new dry bulk platform
    Costamare has given details of its new dry bulk operating platform. The new venture, which the Greek owner has pumped $200m into, has a global footprint through offices in Athens and Monaco and through agencies in Copenhagen, Hamburg and Singapore. Costamare said the new venture will charter in and out dry bulk vessels, enter into ...
  • Aristidis Alafouzos takes over as CEO at Okeanis Eco Tankers
    Aristidis Alafouzos is stepping up from COO to replace his father, Ioannis Alafouzos, as CEO at Okeanis Eco Tankers. Alafouzos senior will become chairman of the Oslo-listed firm. In further management changes, Iraklis Sbarounis, former CFO at TMS Shipping, is joining the company as CFO, serving alongside Konstantinos Oikonomopoulos, who will take over the role ...
  • Nuclear power pursued by Canadian port
    The Belledune Port Authority (BPA), which manages the Port of Belledune in northern New Brunswick, Canada, is working with Cross River Infrastructure Partners to pursue the use of advanced small modular reactor (aSMR) technology as part of a future expansion at the port. The development proposes to use aSMR from ARC Clean Technology Canada (ARC) ...
  • UN warns of muted maritime trade growth through to 2027
    The United Nations has warned shipowners to prepare for years of slower maritime trade growth coming up through the middle of this decade. Yesterday the United Nations Conference on Trade and Development (UNCTAD) published its keenly read Review of Maritime Transport 2022. The 190-page report covers seaborne trade, the world fleet, freight rates and port ...
  • Stop talking, start doing
    I'm detecting a step change in owners' attitude to decarbonisation. Pacific Basin from Hong Kong has broken ranks in the dry bulk segment, startling this laggard sector into action. For too long now, shipping has been talking a great deal of green hot air with very little to show in terms of progress. Sure, there ...
  • November 2022 Review
    Tanker rates spiked into six-digit territory as Russia rushed to export as much oil as possible ahead of strict new shipping sanctions next month. Details of a Russian oil price cap and penalties and bans against shipping companies who infringe sanctions due to come in place on December 5 have begun to emerge. LNG rates, ...
  • The double-decker tanker freight market
    Oil prices have been drifting downwards. They fell 2% on November 25 as Brent closed at $83.63 a barrel and WTI sat at $76.28 a barrel, both near or at 10-month lows. The two-month ahead price dipped into contango, indicating current oversupply with near term delivery prices lower than the two-month out price. Falling oil ...
  • Dry bulk owners will be satisfied with 2022
    After the biggest annual increase on record, 176% in 2021, the Baltic Dry Index (BDI) is set for one of its biggest annual falls on record this year, being down 33% already, the biggest drop since the end of the previous cycle in 2015 when it fell 35%. Only a strong December can prevent this, ...
  • Thanks for the container party, time to go home
    AP Moller-Maersk released its Q3 report on November 2, in which it said that revenues were up 37.1% at $22.8bn and EBITDA was up 56.4% at $10.9bn. Maersk reported that its average container shipping contract rate would be around $1,700 per feu higher in 2022 than in 2021, and that contracts would cover 71% of ...
  • Analyst Abstract
    Tankers Tanker rates exploded this month, heading deep into six-digit dollars a day territory, leading experts at BRS to describe the numbers as "completely bonkers". BRS, and others, believe the rally is sustainable as the northern hemisphere enters winter with much of the West avoiding Russian energy supplies. Yesterday saw Jefferies raise its estimates and ...
  • Secondhand prices in retreat
    The chart to note on this page is the one from Clarksons where the red line of newbuild prices has returned to its normal place above the dark blue line representing secondhand prices. Only during a very hot market does this blue line surpass the red one, as owners rush to grab any available, immediate ...
  • Are surging borrowing costs affecting ship prices?
    Analysts at Compass Maritime recently noted that despite higher interest rates and reports of fewer buyers offering on sales candidates, a large number of tanker and bulker sales of all sizes and ages have been completed in the last month or so. The US shipbroker stated that on the other hand rising interest rates this ...
  • Developers of Connecticut's first offshore wind farm to fund marine life study
    Ørsted and Eversource, developers of Connecticut's first offshore wind farm, Revolution Wind, have established a multi-year research partnership with non-profit Mystic Aquarium to conduct one of America's first comprehensive studies of the effects of offshore wind turbines on marine mammals and sea turtles. The research partnership is part of a $1.25m grant Ørsted and Eversource ...

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Lloyd's List web site
NOVEMBER 30, 2022
  • Greek tanker calls expose Russia's looming post-sanctions tonnage shortfall
    Russian tankers and dark-fleet vessels accounted for 44 out of 172 voyages monitored, revealing a serious shortfall of available tonnage...
  • Nordic American Tankers returns to profitability
    Tanker group says combination of tonne-mile expansion and low supply growth 'is bullish news for our vessels for 2023 and...
  • Kiel Canal closed to shipping after vessel hits bridges
    Thirty casualty incidents this year have resulted in the complete blocking or disruption of maritime traffic
  • BIMCO sees 2024 as more favourable year for dry bulk
    Against the backdrop of a weakening economy and uncertainties around Chinese demand, average dry bulk rates are expected to be...
  • London Club outlook rating revised down by S&P
    Financial strength rating held at BBB, among lowest in the International Group
  • UK shipping needs $90bn to meet net-zero goal
    New sources of capital will be required to fund the industry's decarbonisation transition, with institutional investors a possible viable source...
  • Why the pandemic was a watershed for shipping
    In the same way that the switch from 'relationship banking' to 'digital banking' has taken 10-15 years to get right...
  • Iino Lines orders VLECs for charter to UK's Ineos
    British chemical group Ineos has agreed long-term time charter of 99,000 cu m capacity pair via its Trading & Shipping...
  • Terntank orders advanced products tanker newbuildings
    Newbuildings will be built to methanol-ready specification with the design optimised for the retrofitting of sail assistance equipment in the...
  • EU reaches preliminary agreement to include shipping in ETS from 2024
    Ringfencing of revenue from carbon market is a huge deal, says European Community Shipowners Association
  • Boxship supply growth must be curtailed to improve outlook
    Capacity growth will outpace demand growth for the next two years at least. Economic headwinds will continue to put pressure...
  • Frontline expects 'prolonged' strong cycle for tanker sector
    'The market is virtually firing on all cylinders,' says chief executive
  • Top 10 in ship finance 2022
    BNP Paribas signed a deal with Japan's SBI Leasing for financing under newly embraced Japanese Operating Lease with Call Option...
  • Costamare expands its dry bulk presence
    The company, which broke into dry bulk last year, will charter vessels both in and out, enter into contracts of...
  • Russia increases wheat shipments
    Black Sea Grains Initiative, which was designed to allow safe navigation from three Ukrainian ports, has so far achieved its...
  • Shipping industry needs more support to become greener
    Regulation must be consistent across geographical borders and industrial sectors
  • Taylor Maritime offer for Grindrod declared unconditional
    Taylor Maritime has offered $21 for each share tendered. In addition, each Grindrod shareholder will receive a $5 special cash...
  • Samsung seals $251m LNG carrier newbuilding order
    SHI has won orders for 36 LNG carriers in 2022, comprising 73% of its total orderbook
  • Daily Briefing
    Togo turmoil over flag registry status after 'embarrassing' violations | CULines faces charterparty default as rate collapse leaves emerging lines...

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The Journal of Commerce web site
NOVEMBER 30, 2022
  • Software woes force Houston to delay start date of long-dwell import fee
    The Port of Houston, citing technology problems, is postponing the start date of a new fee that would penalize shippers who don't retrieve import containers after the allowable free time.
  • House takes action to avert crippling US rail strike
    The US House of Representatives has waded into ongoing rail negotiations, passing a bill to prevent a potential strike and a second resolution that would give workers seven paid sick days.
  • Pandemic offers opportunity to improve US port flow
    All supply chains converge at the marine terminal, so facilitating and protecting fluidity through the terminal is the key to unlocking broader supply chain effectiveness, writes JOC's Peter Tirschwell.
  • Heightened final-mile expectations drive investment into OneRail
    OneRail has channeled the need for shippers to access final-mile capacity and service level consistency into a large venture capital funding round.
  • Ocean carrier profits to tumble in Q4 slowdown: analyst
    Sharply falling rates and demand signal an end to the extreme profitability enjoyed by carriers over the last two years, according to analysts.
  • Ocean carrier profits to tumble in fourth quarter slowdown: analyst
    Sharply falling rates and demand signal an end to the extreme profitability enjoyed by carriers over the last two years, according to analysts.

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TradeWinds web site
NOVEMBER 30, 2022
  • Seanergy Maritime beats estimates profit slumps in weaker market
    New York-listed capesize owner stays confident as time-charter equivalent revenue slumps
  • KNOT Offshore Partners shares battered as the New Year looms with charters expiring
    Shuttle tanker owner is 'expending a great deal of energy' to find charter coverage in 2023
  • The $200m MR tanker? Jones Act expert says that number could be next
    The cost of a future newbuilding will require a hefty charter rate to justify the investment, expert says
  • S&P Global Ratings revises London P&I Club outlook to negative
    Agency says adjustment was made because of a change in the insurer's capital adequacy
  • 'Complicated': Euronav offer delay is purely regulatory, insists Frontline's Barstad
    Tanker boss admits process of moving domicile from Bermuda to Cyprus has proved time-consuming
  • Container sector braces for era of lower profits as spectacular rate slide continues
    A year during which container profits exceeded those of FANG tech giants draws to a close
  • Green Seas: What will EU methane emissions trading mean for LNG-fuelled ships?
    Our weekly environment newsletter looks at the potential impacts of adding shipping's methane pollution to EU emissions trading
  • Gasunie plans new FSRU-based LNG import project for Netherlands
    Athens meeting hears pleas for more LNG import infrastructure in Europe, increased LNG supply and regulatory certainty
  • Donald's Carnival cruise legacy: A boom bookended by crises
    As former CEO steps back from cruise giant, he leaves the sector's dominant company facing a long voyage back to financial health
  • AP Moller-Maersk pulls the plug on TradeLens blockchain venture
    Digital platform deemed 'commercially unviable' will be taken down next year
  • EU includes methane and nitrous oxide in shipping emissions trading scheme
    Observers hail 'huge' breakthrough as European policymakers iron out details over how shipping emissions will be traded
  • Harvey Gulf reveals how pig manure fuelled its pursuit of net-zero goals
    Offshore vessel owner finds that blending only a small portion of bio-LNG into the fuel mix allows for net-zero operations
  • UK needs $90bn to decarbonise domestic shipping but funds hard to obtain, says report
    Marine Capital report argues green fuels for ferries and ro-ros can cut emissions quickest but government will need to support new financial products for investors
  • Bimco: Price cap impact 'impossible' to gauge in tanker markets
    Shipowners remain in the dark about the scheme as the European Union has yet to set a price level
  • Schuyler Line sues construction giant over repeated holdups at remote British military outpost
    US shipowner alleges Fluor Corp subsidiary owes it $2.2m in detention and demurrage charges related to a military construction project
  • West will 'struggle to enforce oil price cap breaches'
    Sanctions expert says measures to limit Vladimir Putin's profits from energy sales have not been thought through
  • Ineos builds world's biggest ethane carrier fleet with new Iino VLECs
    British chemicals producer adds two 99,000-cbm ships in deal with Japanese owner
  • Boost for CO2 carriers as E.ON reveals 'industrial-scale' storage project
    Energy company commits more than 1m tonnes to Norwegian scheme
  • ABS launches digital start-up with eyes on shipping's decarbonisation challenge
    Led by tech veteran Paul Sells, stand-alone company ABS Wavesight aims to focus on digital products while leveraging class society's maritime experience
  • Terntank orders up to four tankers ready for wind and methanol propulsion
    Owner continues decarbonisation journey with deal in China for innovative ships
  • Why shipping must act now to beat inertia on global emissions goal
    Efforts to persuade the IMO to strengthen targets will continue, but a climate expert says it is just too late
  • Ineos builds world's biggest ethane carrier fleet with new Iino VLECs
    British chemicals producer adds two 99,000-cbm ships in deal with Japanese owner
  • EU includes methane and NOX in shipping emissions trading scheme
    Observers hail 'huge' breakthrough as European policymakers iron out details over how shipping emissions will be traded
  • Russia working on boosting recognition of domestic tanker insurance, minister says
    Moscow is seeking agreements to help oil shipments move out
  • Greek PM says country could host up to four new LNG terminals
    Minister says a final investment decision on a new FSRU-based facility near Corinth will be taken soon
  • Grieg Green's Pia Meling steps in as Star Capital directors quit MPCC
    German tonnage provider calls shareholder meeting to add experienced executive to board
  • Celsius Tankers boosts LNG carrier fleet with SHI newbuilding
    Company moves into double figures with latest order which it said is fixed to major charterer
  • Frontline stretches Fredriksen loan and clears away early 2023 debt maturities
    New finance deals cut interest costs as owner seeks to boost earnings
  • Costamare confirms setting up new dry bulk operating platform
    US-listed company commits up to $200m in new venture, which plans to engage in long-term trading activities
  • Frontline goes for more VLCC scrubber retrofits as profit soars
    John Fredriksen-backed owner has trebled VLCC earnings so far in the fourth quarter
  • Piraeus Marine Club prepped for the great P&I debate
    Insurers to argue it out face to face with owners ahead of next February's renewal
  • Wintermar snaps up more anchor handlers as fleet renewal continues
    Company also celebrating 12 years since it went public with listing on Indonesia's stock exchange
  • Frontline sweetens Euronav takeover offer with delayed $66m dividend
    Fredriksen-controlled owner wants to ensure new shareholders see the benefit of tanker boom
  • Markets upbeat on potential easing of China Covid-19 restrictions
    The country is now pushing greater vaccination of the elderly, driving speculation that it may ease some of the rules even further
  • Fred Olsen to give smallest cruise ship the heave-ho
    Cruise operator to sell Braemar as UK cruise market remains 'uncertain'
  • KNOP may switch shuttle tankers to conventional tanker market
    But it says that despite strong headline rates, all-in returns may be insufficient once utilisation and fuel costs are considered
  • Shanghai Junzheng orders chemical tanker newbuildings worth up to $270m
    Owner signs for two firm vessels with four options
  • Cash buyer sells capesizes on for Pakistan scrapping but prices still falling
    Brokers report no new major deals in struggling recycling sector
  • Middle East offshore poised for supercycle after near decade-long lack of investment
    Oil demand has returned to pre-Covid levels, matching the level of supply once more

news on subscription
American Shipper web site
NOVEMBER 30, 2022
  • New de-icing facility speeds up FedEx cargo flights at Memphis hub
    FedEx cargo jets will waste less time de-icing during the winter at the Memphis, Tennessee, airport thanks to a new consolidated treatment facility.

››› File
FROM THE HOME PAGE
European Commission meeting to define the strategy for the development of EU ports and maritime industry
Brussels
Call for papers by July 28th
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Rome
Messina: State Aid regime needs to be redesigned for European shipyards
In the first four months of 2025, maritime container traffic between Asia and Europe grew by +4.8%
Tokyo
-6.4% drop in shipments to Asian ports. +9.0% increase in unloading volumes in Europe
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Geneva
Recovery driven by importers who brought forward purchases in view of expected tariff increases
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
The transfer of 80% of Louis-Dreyfus Armateurs' capital to InfraVia has been implemented
Suresnes/Paris
The Louis-Dreyfus family retains the remaining 20%
Port of Genoa, green light for extension of concession to Spinelli until September 30
Genoa
Ok also to the extension to the Campostano group
The National Maritime Fund has started the recognition of scholarships
Genoa
They are granted for basic training and security familiarization courses.
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
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