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24 April 2025 - Year XXIX
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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
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
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
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 conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
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
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
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
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
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