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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:35 GMT+1
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BRIEFS
May 6, 2022
Exim Indiaweb site
  • Maersk delivers record results in Q1; driven by freight rates & contracts being signed at higher levels
  • Trading prices & leasing rates decline for second-hand containers
  • Changes introduced vide Finance Act 2022 in the Customs Tariff w.e.f. 01.05.2022
  • Increased blanking activity on Asia-NEUR
  • New Jafza Logistics Park seen reinforcing success of logistics cluster in Jafza
  • Despatching goods to Russia impacted by logistics challenges
  • Gadkari chairs meeting to review NHLML proposal to revamp logistics & allied activities in Delhi region
  • DGFT notifies curbs on certain waste, scrap of precious metals
  • Review meeting on Sagarmala today
  • FFFAI delegation visits JAFZA - DP World to experience advanced technology in port operations

International Transport Journalweb site
  • Alibaba means business
  • Mining company tests electric locomotives
  • For luxury in Latin America
  • DB Schenker to sail on the fjord
  • Cosco still doing fine?
  • Finnair flies freight around Russian airspace
  • UPS picks Ufku Akaltan
  • Transparent tracking of consignments
  • The group's first e-commerce site in Spain
  • Swan hires Martin Fröschl as new director SAP TM
  • MIA cargo: freight traffic up 8% in Q1/2022
  • Stockholm increases throughput in first quarter
  • Short line railroad now in service
  • "Curiosity of the Day"
  • Another takeover in France
  • War in Ukraine and Omicron weighing on air cargo
  • Transflo announces changes at the helm
  • A good year for international agent

The Loadstarweb site
MAY 5, 2022
  • Forwarder slams Maersk 'incompetence' as alliances come into question
  • Box ship charter market - heated for so long - shows signs of cooling
  • Airfreight rates soften as bellies bounce back on the Atlantic
  • Amazon in a low gear, but is moving towards third-party deliveries
  • New Romania terminal will become Europe-China intermodal gateway
  • Chinese logistics group De Well eyes a Hong Kong IPO

Marine Logweb site
MAY 5, 2022
  • Hornblower gets $8 million green hydrogen project grant
    Hornblower Group reports that its subsidiary, Hornblower Energy, has received an $8 million grant from the U.S. Department of Energy (DOE) to design, construct and operate a green hydrogen maritime fueling station.
  • Bipartisan support for new GoM offshore oil and gas lease sales
    Yesterday, the Senate approved language calling for Senate negotiators to support the issuance of a new five year program for offshore oil and gas leasing as soon as possible and that the
  • VIDEO: First of its kind hybrid-electric tour boat enters operations in the Arctic
    A ground-breaking Volvo-Penta powered hybrid-electric vessel has just made its maiden commercial voyage from Longyearbyen, Svalbard - the world's northernmost town, just 800 miles from the North Pole. Designed for exploration in

Lloyd's Listweb site
MAY 5, 2022
  • P&I consolidation could derail International Group and take down pool scheme
    North and Standard say Gallagher 'out of step with the maritime world'
  • Contaminated fuel found in Singapore linked to UAE
    Glencore and PetroChina had carried out tests on the fuel supplied based on the international standards of petroleum products of...
  • The Lloyd's List Podcast: Why shipping is facing a compliance crisis
    Economic measures to cut Russia off from the world's financial arteries are the most extensive seen since the Second World...
  • D'Amico expects to profit on diesel-led tanker rates recovery
    Italian shipowner reports net loss of $6.5m over the first quarter of the year, but it is already seeing earnings...
  • Genco has its best first quarter since 2010
    US bulker owner plans to focus on dividends and clearing debt
  • Ceres Shipping venture plans for 60 new CO2 carriers
    Move is by far the most ambitious to be unveiled by independent shipping name in the nascent carbon capture utilisation...
  • Fredriksen increases International Seaways holding
    Owner of rival tanker owner Frontline is already the biggest shareholder in International Seaways
  • Container equipment imbalances increasing again
    With lower volumes coming out of China and European ports remaining congested, equipment is running short. The influx when China...
  • Ukraine ships first seaborne grain cargo since invasion
    Both Romania and Bulgaria are preparing infrastructure for further consignments of Ukrainian produce
  • US cargo flows feel impact of China lockdowns
    Shanghai is gradually restoring its production activities as China's largest city strives to stem a economic slowdown
  • Höegh Autoliners' revenue hit by supply chain disruptions
    The recovery of light vehicle demand continued at both a reduced and uneven rate because of post-pandemic supply chain upsets
  • Costamare boosted by 'strong' boxship and bulker markets
    Company says fleet of 76 boxships is fully chartered for this year and 95% covered for 2023
  • Norden posts robust first-quarter results
    Dry bulk and tanker operator reduces exposure in dry bulk to capitalise on a quickly recovering product tanker market
  • Hamburg looks to hydrogen to decarbonise terminal operations
    Decarbonisation of logistics does not stop with a vessels' port call. Ports also have a role to play in reducing...
  • ICTSI boosts earnings on higher fees and new operations
    Handled volumes rose by 5% as new terminals brought in additional volumes. But some markets are recovering at a slower...
  • Indonesia intercepts ships after introducing palm oil ban
    Indonesia's palm oil exports reached an average of $2.7bn per month between January 2021 and February 2022, accounting for 14%...
  • Cryptocurrencies keep Venezuela crude exports flowing
    The crypto network, alongside a fleet of elderly tankers already engaged in sanctions-busting shipping, provides ready-made template for evasion as...
  • Hafnia raises $100m from share sales
    Share offering comes after BW tanker unit added 44 young tankers to its fleet and considerably expanded its scale
  • Daily Briefing
    Europe's ban on Russian oil to further reconfigure tanker trade routes | Maersk boosted by contract commitments and integration |...

The Journal of Commerceweb site
MAY 5, 2022
  • FMC expands capacity, pricing monitoring of alliances
  • Wan Hai pays $850,000 fine to settle FMC detention case
  • Russia exit proves complex, costly for some transport providers
  • JOC ISI: Q1 contract rail rates provided big savings

TradeWindsweb site
MAY 5, 2022
  • Eagle Bulk churns out $2 dividend on another strong quarter
  • Morch: Ukraine war's blow to sunflower oil trade is helping chemical tanker rates blossom
  • FMC demands more data from container liner operators and alliances
  • Royal Caribbean's Jason Liberty refutes recession fears as bookings continue
  • SSY chairman Mark Richardson announces he will retire this year
  • Streetwise: It paid to be in dry bulk as 2021 compensation numbers roll in
  • Covid-19 disruptions continue to hammer Royal Caribbean Group results
  • Grain outlook remains a puzzle as Ukraine war drags on
  • Emanuele Grimaldi ends nine year stint at the helm of Finnlines
  • New Fortress Energy ramps up FLNG plans to eight units for US Gulf
  • Hoegh Autoliners plots dividends as car carrier values rise
  • Crowdfunder Yieldstreet to face class-action fraud claim in court
  • Dorian LPG showers shareholders with cash in $100m payout
  • RMS Projects teams up with CIMC for series of multipurpose ships
  • Uniper seals deal with Dynagas on FSRU duo for Germany
  • Falling charter cover to allow d'Amico to capitalise on tanker spot strength
  • Costamare profit boom rolls into 2022 as container ship fleet fully booked
  • Peter Livanos jumps into carbon capture with 60-ship fleet venture EcoLog
  • US owner Safesea Group turns to Sri Lanka after Shipping Corp of India stymied
  • European LNG buyers' hesitancy may delay new supply and import facilities
  • Fearnley Securities shipping research chief Jarlsby to take top job at Mosvolds Rederi
  • Stronger market: Kristian Morch bows out with profit at Odfjell
  • Norden profit holds steady as firm eyes higher product tanker markets
  • Euronav wants investment banker on board to forge Frontline merger
  • Hoegh LNG confirms two FSRU deals with Germany
  • Lomar promotes former Prime Marine exec to become new CFO
  • Concordia Maritime puts tanker up for sale after asset prices rise
  • Filing error: John Fredriksen buying not selling International Seaways stock
  • Cadeler raises $90m as it eyes return to Cosco for newbuildings
  • EU aims to block seaborne Russian oil transport to third countries
  • 'Significant additional LNG demand' expected as substitute for polluting fuels, say importers
  • IMO agrees 'ambitious' roadmap to goal-based rule book for autonomous ships
  • DEME eyes Jones Act compliant feeder solution for US offshore wind farms

American Shipperweb site
MAY 5, 2022
  • FMC requires more pricing, capacity data from container ship companies
    U.S. regulators have ordered the world's largest ocean carriers to submit more pricing and capacity data to help protect shipping markets from anticompetitive practices.
  • What can go wrong next in China? Now there's a lockdown in Zhengzhou
    Trucking solutions, sitting cargo are among the issues in Henan province's capital city.
  • Air cargo market risks downturn as export orders contract
    Airlines are carrying less cargo because of global economic headwinds, but the slowdown isn't reflected in shipping rates.

The Bunker Bulletinweb site
MAY 5, 2022
  • Still seeing a balanced oil market, OPEC+ ratifies another small production increase
    OPEC+ approved another modest increase in production quotas for June, May 5
  • Latin America jet fuel demand steady as airline traffic rises, planes fly full
    Latin America jet fuel demand steady as airline traffic rises
  • US Atlantic Coast gasoline stocks tick up week to Apr 29, still near seven-year low
    US Atlantic Coast gasoline rose off seven-year lows for the week ended April 29
  • Crude edges higher as market weighs tighter supply outlook, global growth concerns
    Crude oil futures finished higher May 5 as market weighs tighter supply outlook

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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