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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:33 GMT+1
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November 4, 2022

free news
Exim Indiaweb site
NOVEMBER 4, 2022
  • Gati's Express Business EBITDA grows 215 pc in H1 FY23
  • Bahri Logistics signs agreement to acquire remaining stake in joint venture with Bolloré
  • AD Ports Group acquires 80% stake in Global Feeder Shipping, creating world's largest independent feeder carrier
  • Most organisations integrate sustainability into strategy, reveals study
  • APSEZ registers a record H1
  • CBDT releases draft Common Income Tax Return Form for public consultation
  • Manufacturing activities robust in October: Survey
  • India permits white, brown rice exports with LCs issued before Sept. 9
  • GST revenue second highest ever in Oct.
  • NHAI starts accepting electronic bank guarantees
  • India's GDP growth in FY24 seen crossing IMF projection

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International Transport Journalweb site
NOVEMBER 4, 2022
  • Railfreight recovering in the EU
  • 5G tests in Duisport
  • Lithuanian forwarder scores on sustainability
  • 75 steps to optimise energy consumption
  • APMT appoints head of strategy and transformation
  • Nonstop service between Kigali and London
  • Large investment by ADP
  • Rail to transport 25,000 t of poultry a month
  • Robert Steen Kledal joins Survitec
  • Adding air cargo services in Hamburg
  • Trialling bio-degradable cling film
  • 100 zero-emission BEVs for California
  • Now present in Sevilla
  • Chief accounting officer for XPO spin-off
  • Antonov Airlines air-lifts communication satellite
  • "Curiosity of the Day"

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The Loadstarweb site
NOVEMBER 3, 2022
  • Carriers consider laying-up box ships as blanking fails to prop up rates
  • CN: Non-alliance carriers tripled market share in Transpacific during record rate period
  • Project44 raises $80m for Scope 3 emissions-measuring platform
  • Atlas Air insists sale will go ahead, despite lawsuits and income drop
  • CH Robinson - 'the FedEx of forwarding' gives in
  • Lufthansa Cargo denies restructure is cost-cutting - 'it is to cut complexity'
  • Hauliers fear for their businesses as next Liverpool Port strike is announced
  • Increasing domestic box ship fleet could reduce costs for Vietnam's shippers
  • TFI International - the home of 'intelligent capital allocation'
  • AD Ports boosts regional feeder market share with $800m acquisition of GFS

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Marine Logweb site
NOVEMBER 3, 2022
  • New York Cruise Lines plans to operate first zero-emissions electric ferry in NYC
    New York Cruise Lines and Sweden's Green City Ferries AB (GCF) today announced a collaboration to launch the first high-speed zero-emissions electric ferry to operate in the New York Harbor. With a
  • Third company fined in U.S. ECA sulfur case
    A U.S. Caribbean ECA offense that saw two companies hit with fines of $3 million back in 2019 has now brought a third company a criminal fine of $250,000. Ionian Management Inc.,
  • Bayonne Dry Dock joins Green Marine
    Bayonne Dry Dock & Repair Corp. has become the newest participant in Green Marine, the comprehensive voluntary environmental certification program for North America's maritime industry. Situated just miles from the Verrazan-Narrows Bridge,

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Container Newsweb site
NOVEMBER 3, 2022
  • No sustainable trend registered in global bunker market so far
    According to the weekly outlook of Marine Bunker Exchange (MABUX) for fuel prices, global indices have not shown a sustainable trend. The 380HSFO index rose to US$496.92/MT, the VLSFO index, in turn, declined to US$785.00/MT and the MGO index dropped to US$1,160.77/MT. Therefore, during the week, no significant changes in the indicators were recorded, according to MABUX analysts. Meanwhile, the G
  • CMA CGM implements new peak season surcharge from Canada East Coast to Africa
    The Marseille-based container shipping company CMA CGM has announced a new peak season surcharge (PSS) from Canada to three countries in Africa. In particular, the fresh surcharge will apply from the Canada East Coast to Angola, Congo and Gabon and will be effective from 15 November. The PSS will apply only to refrigerated cargo and will be US$400 per container. The post appeared first on Contai
  • New terminal operator at port of Gothenburg, while box volumes rise in 2022
    Freight volumes at the port of Gothenburg in Sweden continue to grow in all segments except for the vehicle sector, which continues to be negatively affected in the third quarter of the year. "We see a continuation of the upward trend that began in connection with the pandemic. Product owners are attracted to the major freight hubs, which is very clear at the Port of Gothenburg," commented Elvir
  • OOCL to link India, Middle East and East Africa with new service
    Orient Overseas Container Line (OOCL) will add a new service, East Africa Express 5 (EAX5), to its Asia - Africa network. The port rotation of the new product will be Nhava Sheva (India) - Mundra (India) - Jebel Ali (United Arab Emirates) - Abu Dhabi (United Arab Emirates) - Mombasa (Kenya) - Dar Es Salaam (Tanzania) - Nhava Sheva. OOCL's East Africa Express 5 port rotation map COSCO-owned contai
  • Maersk and Spanish Government partner on large-scale green fuels production
    A.P. Moller - Maersk and the Spanish Government have signed a General Protocol for Collaboration to explore opportunities for large-scale green fuels production in Spain. If the cooperation of the two parties goes full scale, it could deliver up to two million tons of green fuel annually. The project aims to explore the feasibility on how to cover the full value chain from renewable energy source
  • ONE introduces new Singapore - Philippines feeder service
    Singaporean container line Ocean Network Express (ONE) has announced its new weekly service, named Philippines Express 2 (PHX2). The new weekly service will be operated by two 1,000 TEU boxships and will have the following port rotation: Singapore - Manila North (Philippines) - Davao (Philippines) - Singapore ONE aims to complement its current service of Philippines Express (PHX) and further enha
  • AD Ports Group buys 80% stake in Global Feeder Shipping
    AD Ports Group has signed an agreement to acquire an 80% equity stake in Dubai-based Global Feeder Shipping (GFS) for US$800 million. GFS has built a large container vessel fleet, featuring 26 owned and operated vessels with a total capacity of 72,500 TEUs, covering the Middle East, Indian Subcontinent and Southeast Asia with services connecting the UAE to India, Pakistan, Sri Lanka, Egypt, Sudan
  • Matson invests US$1 billion in three new container ships
    Hawaii-headquartered shipping company Matson has ordered three new 3,600 TEU container vessels at Philly Shipyards, via its subsidiary carrier, Matson Navigation Company. Matson and US-based Philly Shipyards signed a contract, according to which the cost for the three Aloha Class container ships will be US$1 billion. The first vessel is expected to be delivered in the fourth quarter of 2026 with
  • Non-alliance carriers tripled market share in Transpacific during record rate period
    Non-alliance container carriers managed to triple their market share from around 5% to around 15% during the peak of the Transpacific market in the last two years, according to the latest analysis of Sea-Intelligence. This trend could result from the fact that market conditions were very favourable to carriers from the second half of 2020 until the first half of the current year. "There was exces

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Splashweb site
NOVEMBER 3, 2022
  • Maersk moves to establish large-scale green methanol production in Spain
    A.P. Moller - Maersk is looking to produce up to 2m tonnes of green methanol a year in Spain by 2030 to supply fuel for its containerships and slash its carbon footprint. The world's second-largest liner has agreed with the Spanish government to explore the opportunities for large-scale plants in the ports of Andalusia and ...
  • RightShip to cover EEXI values in GHG rating
    Digital maritime platform RightShip is updating its greenhouse gas (GHG) rating tool to incorporate Energy Efficiency Existing Ship Index (EEXI) values from the first quarter of next year. The changes being introduced will make its GHG rating the industry's first rating to include the EEXI, the Existing Vessel Design Index (EVDI) and the Energy Efficiency ...
  • SFL picks up car carrier with long-term charter attached
    John Fredriksen's SFL Corporation has struck a deal to buy a pure car truck carrier that comes attached with a long-term time charter to a leading operator until 2028. The vessel should deliver during the fourth quarter. The New York-listed firm has not disclosed any further details about the purchase. The deal is expected to ...
  • Odfjell buys back five and charters in four
    Norwegian chemical tanker operator Odfjell has exercised the option to buy back five vessels on lease and chartered in four currently under construction. The Bergen-based shipowner did not say which ships will add back to its owned fleet. The current fleet list shows 19 ships leased (one of which pictured) and 27 owned. The vessels ...
  • Petrofac North Sea workers back strike action as pay dispute escalates
    Nearly 150 UK North Sea workers employed by energy services company Petrofac have voted to strike in an escalating dispute over pay. The industrial action will start on November 16 with a continuous overtime ban and 48-hour stoppage. The Unite trade union said any action will have a major impact on the maintenance and running ...
  • MSC warns of higher shipping costs in EU's carbon trading scheme
    Mediterranean Shipping Company (MSC) has warned clients of higher costs with the inclusion of shipping in the EU's carbon trading market. The EU emissions trading system (ETS), part of the "Fit for 55 package" to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels, requires companies to surrender allowances that ...
  • Maersk Supply Service scores ExxonMobil charter in Guyana
    Denmark-based Maersk Supply Service (MSS) has signed a contract with ExxonMobil for the subsea support vessel (SSV) to support field development activities offshore Guyana. The 2009-built vessel will be operating with two remotely operated vehicles onboard, providing general and subsea support scopes for ExxonMobil's six ultra-deepwater drillships currently operating offshore Guyana in the Stabro
  • Gulf Marine Services seals new deals for liftboat trio
    Gulf Marine Services (GMS) has landed new and improved deals with undisclosed clients for three of its vessels. The UAE-based liftboat operator has secured new contracts for one of its smaller (K-class) and one of its larger (E-class) vessels, while an extension has been obtained for a mid-tier ship. The London-listed firm, with a fleet ...
  • IFCHOR and Galbraiths to merge
    Two broking powerhouses are joining forces. Swiss-headquartered IFCHOR is merging with London tanker specialists Galbraiths in the latest chapter of broker consolidation. IFCHOR-Galbraiths has over 300 employees and comprises a network of 20 offices around the world. "This merger plays to both companies' strengths. Galbraiths is well known for its tanker and S&P services whilst ...
  • Euronav and Frontline merger saga to drag on into 2023
    The proposed merger between European tanker giants Euronav and John Fredriksen-led Frontline has been delayed to next year. In a quarterly earnings update today, Antwerp-headquartered Euronav said that the merger - already approved by both companies' boards - is a "complex transaction" requiring a number of regulatory approvals from various authorities, hence the announcement to ...
  • Norway offloads half of its stake in Aker Solutions
    The Norwegian state, represented by the Norwegian Ministry of Trade, Industry and Fisheries, has sold half of its stake in offshore engineering firm Aker Solutions through a private placement for NOK905.5m ($86.5m). The state sold 30.09m shares, corresponding to a 6.11% stake in Aker Solutions, at NOK39.30 per share, a discount of some 10.6% compared ...
  • AD Ports splurges $800m to take over Global Feeder Shipping
    AD Ports Group has made its largest ship investment to date, spending $800m to take an 80% stake in Dubai-based Global Feeder Shipping (GFS), creating a feeder giant in the process. GFS has 26 owned and operated vessels with a total capacity of 72,500 teu, covering the Middle East, Indian Subcontinent and Southeast Asia with ...
  • Seadrill-Sonangol JV seals $327m drillship deal in Angola
    Offshore driller Seadrill has secured a new drillship extension through Sonadrill, the company's joint venture with an affiliate of Sonangol, for twelve wells in Angola at $402,500 per day. The 2019-built will execute the contract for an undisclosed client estimated to be worth around $327m. The contract starts in the fourth quarter of 2022, with ...
  • Siem Offshore awarded PSV contract by BP Canada
    Norway's Siem Offshore has won a contract from BP Canada for its large platform supply vessel . The contract will start in the second quarter of 2023 and is expected to keep the 5,500 dwt dual-fuel ship utilised for four to six months. The Siem Symphony was the first ship in the company's fleet fitted ...
  • NYK, K Line, MISC and China LNG order more Qatar-bound gas ships
    A quartet of Asian shipping powerhouses have won the next tranche of business in the huge QatarEnergy fleet expansion project. A consortium comprising Nippon Yusen Kaisha (NYK) and Kawasaki Kisen Kaisha (K Line) from Japan, Malaysia's MISC and China LNG Shipping, the Cosco/China Merchants joint venture, have ordered five 174,000 cu m LNG carriers at ...
  • New boss announced at Barber Ship Management
    Barber Ship Management has appointed Roine Ahlquist as its new CEO. The tanker focused manager is owned by Wilhelmsen Ship Management (WSM) and MPC Capital. With over 25 years of maritime experience, Ahlquist has held a variety of executive and senior leadership roles in shipping and real estate. He was the owner and founder of ...
  • Matson spends $1bn on three 3,600 teu Philly newbuilds
    Aker-controlled Philly Shipyard has won a $1bn order from Matson Navigation Company to build three LNG-fuelled 3,600 teu ships. The ships, which work out at roughly seven times the price offered in Asia, will deliver in 2026 and 2027 and will be able to operate at speeds in excess of 23 knots. "Winning this order ...
  • WiseTech Global buys Shipamax
    Australia's WiseTech Global, a developer of logistics execution software CargoWise, has bought Shipamax, a data entry automation software firm. Founded in 2016 and headquartered in the UK, the Shipamax platform focuses on document data extraction and automating the full operational workflow. Shipamax uses AI and machine learning to convert unstructured data such as PDF and ...
  • Singapore's first dedicated methanol bunkering ship slated for the end of next year
    Global Energy Trading and Stellar Ship Management Services, wholly owned subsidiaries of Global Energy Group, have contracted Japan's Sasaki Shipbuilding to build a 4,000 dwt tanker, which will become the first dedicated methanol bunkering ship in Singapore, the world's largest bunkering hub, when it delivers at the end of next year. Loh Hong Leong, group ...
  • Longshore workers walk off the job at Port of Oakland
    Longshoremen at the Port of Oakland in California walked off the job on Wednesday morning, aiming to push the two sides in the ongoing contract negotiations to get back to the bargaining table. The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA), which represents the port employers, began negotiations in May, ...
  • Port Houston to implement container dwell fee to improve cargo fluidity
    Effective December 1, Port Houston will implement a "sustained import dwell fee" to incentivise cargo movement at the Barbours Cut Terminal and Bayport Container Terminal. Long-dwelling loaded import containers have been contributing to congestion at the terminals and a shortage of chassis. The fee will be assessed directly to BCOs on the eighth day after ...

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Lloyd's Listweb site
NOVEMBER 3, 2022
  • Euronav upgrades forecast for multiyear upcycle for tankers
    Growing tonne miles thanks to Russian crude transportation dislocation, alongside energy switching and crude supply growth reinforced by non-Opec barrels...
  • Ukraine war risk rates stable, but may be heading upwards
    Concern is focusing on the deadline to renew the grain corridor scheme. Some underwriters are worried that Russian dissatisfaction with...
  • Teekay positive on tanker outlook despite macro concerns
    Firm rates are expected to continue despite concerns over the uncertain macroeconomic environment
  • Britannia reports double-digit jump in premium target
    Market mutual sits at fourth place in the ranking of International Group affiliates by market share, with almost 10% of...
  • Wallenius Wilhelmsen profit boosted by vehicle carrier super-cycle
    Wallenius Wilhelmsen expects the supply-demand balance for the vehicle carrier sector to remain favourable for next year
  • Singapore bunker supplier orders first methanol bunkering vessel
    Singapore-based bunkering company will be able to include biofuel and methanol in its range of marine fuels by 2024
  • Norden expects headwinds in dry bulk market
    A slowing world economy poses downside risks to dry bulk rates despite expectations of a revival in Chinese trade levels...
  • Euronav-Frontline combination on track despite minor delay
    Complexity of tanker merger is highlighted as multiple regulatory approvals weigh on the deal, which has already faced strong opposition...
  • Galbraith's and Ifchor announce merger
    Deal expected to complete in next few weeks, leading to creations of top five global shipbroker
  • China warns US not to 'meddle' in Hamburg port deal
    Remarks come a day before German Chancellor Olaf Scholz, who recently gave the nod to Cosco's acquisition of a minority...
  • AD Ports buys $800m stake in Dubai boxship feeder operator
    AD Ports Group plans to integrate Global Feeder Services with its existing containership operating subsidiary Safeen Feeders
  • DNV targets China's growing gas and dual-fuel markets
    The new DNV team is targeted at two thriving markets in China - large gas carriers and alternative-fuel newbuildings
  • DP World agrees Shanghai free trade deal
    The free trade zone, known as Lingang special area in Shanghai, will also promote the DP World-backed World Logistics Passport...
  • MISC-led group wins five more QatarEnergy LNG carrier contracts
    Group includes NYK, K Line, China LNG Shipping and MISC
  • Pacific Gas firms up $540m ethane carrier order at Jiangnan
    Chinese lessors join deal to provide finance for the dual-fuel newbuildings equipped with type-B cargo tanks
  • Daily Briefing
    War risk and cargo cover for Ukraine back after Russia resumes grain deal | Maersk's transformation wins over customers |...

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The Journal of Commerceweb site
NOVEMBER 3, 2022
  • Maersk, CMA CGM join $80 million funding round into project44
    The investment by Maersk and CMA CGM into visibility provider project44 is notable as they continue to develop their end-to-end integrator strategies and prepare for more stringent environmental regulations.
  • Weakening freight demand puts C.H. Robinson, Werner in cost-control mode
    Two of the United States' biggest logistics providers say they are focused on controlling costs amid growing concern about the direction of the US economy.
  • US 3PL Echo extends global forwarding reach
    The acquisition of Fastmore Logistics will give Echo Global Logistics more access to international freight forwarders, linking domestic and international cargo networks.
  • Matson CEO expects more capacity cuts from large trans-Pac carriers
    Matson's CEO expects to see even more capacity reductions and schedule changes in the next two quarters to meet lower consumer demand in the expedited market, especially as air cargo and conventional ocean market rates continue to fall.
  • Mason CEO expects more capacity cuts from large trans-Pac carriers
    Matson's CEO expects to see even more capacity reductions and schedule changes in the next two quarters to meet lower consumer demand in the expedited market, especially as air cargo and conventional ocean market rates continue to fall.
  • Guangzhou Port Co., Ltd. to invest in the construction and operation of the International General Terminal Project in Nansha Port Area of Guangzhou Port Group
    Recently, Guangzhou Port Co., Ltd. issued an announcement on the establishment of a wholly-owned subsidiary to invest in the construction and operation of the International General Terminal Project in Nansha Port Area of Guangzhou Port Group.
  • STB, FMC increasingly active in pursuing statutory mandates
    Paul Revere's midnight ride to warn the colonial militia of the impending British military action was facilitated by the sexton of Boston's North Church using a lantern signal. In 1861, Henry Wadsworth Longfellow memorialized the event in his famous poem: "One, if by land, and two, if by sea;
  • More capacity cuts ahead in trans-Pacific: Matson CEO
    Matson's CEO expects to see even more capacity reductions and schedule changes in the next two quarters to meet lower consumer demand in the expedited market, especially as air cargo and conventional ocean market rates continue to fall.
  • Unraveling the complexities of zero carbon with hydrogen
    More innovation is necessary to achieve the net-zero target for shipping. Among others, hydrogen is helping to close the gap in industries such as heavy-duty transportation, steel manufacturing, fertilizer, and methanol production that would otherwise be difficult to eliminate.
  • MSC to pass on costs of complying with Europe's emissions trading system
    Carriers are trying to work out the additional costs per container of complying with Europe's ETS, but there is little clarity over how the rule will be applied with less than eight weeks to go before implementation.

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TradeWindsweb site
NOVEMBER 3, 2022
  • Eagle Bulk logs 46% BSI premium while buying back $10m in converts
    Numbers cool slightly from second quarter and year ago, but Connecticut owner still solidly profitable
  • OSG flips to profit as American Shipping Co trio set to leave fleet
    Florida tanker owner back in the black with a $13.2m profit for the third quarter
  • Reletting LNG carriers helped Cheniere reach earnings guidance goals
    US liquefaction giant claims to be world's second largest charterer with big portfolio locked in at rates below six figures
  • Balance sheet-focused Teekay Tankers won't take the bait on dividend question
    Vancouver owner refusing to join competitors in shareholder payouts as market strengthens
  • Matson readies for container shipping market to come back down to earth
    Hawaiian liner operator already cut capacity as third quarter earnings dip
  • Green Seas podcast: Hear how offshore wind is creating a new gold rush in California
    The first podcast edition of Green Seas explores the 'huge opportunity' emerging off the coast of the Golden State.
  • Royal Caribbean makes a profit after years of pandemic losses
    New York-listed owner beats Wall Street consensus but is still nearly $20bn in debt
  • Shipowners' Club bucks the trend on P&I general increase at renewal
    Specialised P&I club says it will keep rates as they are
  • 'A clear need': Braemar unveils new 10-strong natural gas desk
    UK shipbroker continues to build on securities offering with team led by Marc Jarvis
  • Donald steps down from Carnival board after two decades of leadership
    Former CEO bids farewell after 21 years with cruise giant
  • Streetwise: Who are the real winners in the Grindrod Shipping sweepstakes? Only the market knows
    Will history see a coup for Taylor Maritime Investments or wise discretion by the US rivals who backed away from the deal? Our finance newsletter explores
  • Cheniere Energy exported 70% of its 2022-produced LNG cargoes to Europe
    Largest US LNG producer nears completion of a third marine berth at its Sabine Pass LNG plant
  • Charterers try to limit tanker term lengths as owners get bigger rate ideas
    Concordia Maritime argues that positive MR sentiment is pushing up period earnings
  • SFL Corp sticks to diversity agenda with car carrier buy
    Over the past three months, John Fredriksen company has bought vessels in most ship types it is active in
  • Glencore unit told to pay $315m for widespread corruption
    Multinational remains under investigation by Swiss and Dutch authorities over failure to prevent corruption
  • Euronav has warning for owners looking to convert boxship options into tanker newbuilds
    Hugo De Stoop believes companies face a long wait to get any new ships delivered
  • London lawyer asks industry to back change on wrongful arrests
    Lawyers are blocking legal reform on an important subject - the wrongful arrest of ships - and now the broader industry needs to take charge
  • Majority shareholders agree $10.9bn take-private deal for Seaspan Corp parent Atlas Corp
    World's largest boxship tonnage provider accepts offer from key backers and Japan's ONE
  • London lawyers ask industry to back change on wrongful arrests
    Lawyers are blocking legal reform on an important subject - the wrongful arrest of ships - and now the broader industry needs to take charge
  • Teco 2030 and Shell receive €5m for tanker hydrogen-retrofit project
    Norwegian tech company leading group aiming to demonstrate system on Swedish vessel in 2024
  • Spot exposure pays off for Teekay Tankers as rates hit 14-year highs
    Suezmax and aframax specialist continues to use strong cash flow to strengthen balance sheet
  • AD Ports creates liner giant with $800m takeover of Global Feeder Shipping
    Expanding Abu Dhabi group follows recent tanker, container ship and offshore vessel deals with biggest transaction yet
  • Norden pays upsized dividend after surge in product tanker rates
    Owner-operator beat estimates and has begun another share buyback programme
  • Attacker missing after seafarer stabbed on Vitol MR tanker
    Brawl reported on clean product carrier off New Caledonia
  • CoolCo wraps up fast fundraising adding LNG carrier quartet to growing fleet
    Equity raising exercise closed overnight amid hot demand from investors
  • Hong Kong aframax arrested in Spain with cargo of Russian crude
    The Linda I is alleged to have drifted close to the coast after stopping for spare parts
  • KCC's combi ships capitalise on strong product market in record quarter
    Cleanbu carriers traded 70% of days in tanker markets as rates rose
  • New shipbroking giant emerges as Galbraiths and Ifchor unveil merger
    Famous names prepare to create 300-strong international shop with intention to grow into gas, offshore, renewables and environmental transition services
  • New Ifchor-Galbraiths shop set to rank among top five shipbrokers globally
    Merger spark lit over dinner in Geneva after introductions from mutual friend
  • Fuel-switching providing a boost for tankers as Euronav returns to profit
    Belgian owner also believes China has yet to be a real factor in rate recovery
  • Euronav says 'complex' Frontline mega-merger pushed back into 2023
    Tanker giants making good progress on combination but still have many stages to work through
  • Thunderbird 3 is go: Remote-controlled hull cleaning vessel to hit the water
    Fleet Cleaner expanding fleet as it moves into remote operations from Delft-based control centre
  • Zodiac Maritime brings in experienced ING banker Byrne as head of ship finance
    London-based shipowner recruits 25-year banking veteran to replace Malte Schulte-Trux
  • QatarEnergy awards five more LNG carrier contracts to consortium of Asian gas heavyweights
    China gains a greater slice of giant LNG project as newbuilding contracts are awarded to Hudong-Zhongua Shipbuilding
  • Global Energy Group orders first methanol bunkering tanker for Singapore
    Japanese newbuilding could pave the way to a new generation of versatile bunkering tankers
  • Odfjell to buy back five ships and charter four more newbuildings
    Norwegian chemical tanker owner says it expects to see a strong chemical tanker cycle over the next three years
  • Gulf Navigation Holdings is looking for MR and LR tankers
    Ready for fleet expansion, Dubai-based tanker operator wants to stay within the markets it knows
  • Back from the brink, Gulf Navigation Holdings eyes up fleet growth
    Dubai shipowner is looking to expand after successful restructuring
  • Thai yard goes high-tech with America's Cup inspired wind farm ship design
    Shipbuilder says design will be game-changing and particularly operationally effective in the Southeast Asian market
  • CoolCo to boost fleet with up to six LNG carriers from parent Eastern Pacific
    Emerging shipowning venture to pay out $660m for quartet and raise cash to partially fund the buy from a private placement
  • Teekay Corp finance chief Vince Lok set to retire after 30 years at tanker giant
    Lok to stay on as advisor until end of 2023 as Brody Speers gears up to take over his duties

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American Shipperweb site
NOVEMBER 3, 2022
  • Crude tanker owners see dollar signs as Russia ban draws near
    Europe must replace all seaborne crude imports from Russia within the next few weeks. Crude tanker owners stand to gain.
  • Cargojet upbeat about 2023 as e-commerce business shows resilience
    Cargojet is better protected from an economic downturn than airlines handling general air cargo because of e-commerce and deep partnerships.

››› File
FROM THE HOME PAGE
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
Signed the final agreement on the contract of port workers
Rome
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three 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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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