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