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30 July 2025 - Year XXIX
Independent journal on economy and transport policy
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November 4, 2022

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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
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the first half of 2025, container traffic in the port of Gioia Tauro grew by +10.5%
Joy Taurus
2,186,211 TEUs were handled
A bulk carrier was attacked in the Red Sea
Portsmouth
The crew abandoned the ship which began to take on water
German government allocates 400 million euros to support energy transition in maritime-port sector
Over 78 million euros to the ports of Augusta and Taranto for offshore wind
Rome
Funds distributed over three years starting from 2025
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
Rijeka Gateway Terminal to become operational in early September
Copenhagen
The first ship at the second container terminal of the Croatian port is expected on September 12
Falteri (Federlogistica) urges us to focus on the development of "polycentric" logistics
Genoa
The Simplified Logistics Zone should be the cornerstone of the strategy
Tsuneishi Shipbuilding Co. acquired Mitsui E&S Shipbuilding Co.
Hiroshima/Tokyo
It was renamed Tsuneishi Solutions Tokyobay Co.
Pessina (Federagenti): Northern European logistics system is struggling. Let's take advantage of it!
Rome
Unexpected opportunity - he underlines - for the Mediterranean ports and Italian ones in particular
MSC Cruises Joins Carnival and Royal Caribbean in Capitalizing on Grand Bahama Shipyard
Miami
Negotiations underway since the end of 2024 have been successfully concluded
At The International Propeller Clubs the Dorso Award for the Mediterranean area
Naples
In recognition of the primary role played by logistics operators in Mediterranean traffic
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