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04 April 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

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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

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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.

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FROM THE HOME PAGE
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
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 public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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