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November 11, 2022

free news
Exim Indiaweb site
NOVEMBER 11, 2022
  • Allcargo Logistics' Q2 revenue at INR 5,300 cr.; Q2 EBITDA up 24 pc YoY to INR 450 cr.
  • FFFAI interacts with Pr. DG Systems on trade facilitation measures to enhance IT-enabled solutions
  • Maritime and Port Authority of Singapore, Port of Los Angeles, Port of Long Beach & C40 Cities to establish a Green & Digital Shipping Corridor
  • MOL in long-term charter deal for three newbuilding LNG carriers
  • Sri Lanka begins construction of $700 million WCT project funded by Adani
  • Centre allows international trade settlements in Indian Rupees for Export Promotion Schemes under Foreign Trade Policy
  • Yang Ming's profit after tax for first three quarters improves by 50.95 pc
  • APSEZ becomes India's largest third-party liquid tank storage player
  • APM Terminals Pipavav registers impressive net profit growth in Q2 & H1
  • DP World & EDB ink MoU to provide SMEs with trade finance access
  • Liverpool Port dock workers call off strike after pay deal
  • Rubber Board offers incentive to encourage latex exports
  • Apparel exporters seen earning low margins due to rise in raw material, logistics costs
  • DGFT notifies permission for broken rice exports that entered CFSs before ban

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International Transport Journalweb site
NOVEMBER 11, 2022
  • Facing seven challenging years
  • Trains don't have to enter town anymore
  • New Chinese conversion partner for EFW
  • OOCL adds another triangle connection
  • Prangl readying for business in Serbia
  • LMR now spelt Grammer Logistics
  • Espo: Zeno D'Agostino takes the helm
  • A Danish acquisition this time
  • An office in New Zealand
  • Aero Union outsources ULD management to Jettainer
  • Strengthening the North-South route
  • Change in the cockpit of Zurich Airport
  • From Gibraltar to Algeciras
  • A comprehensive EV charging infrastructure
  • Atlas Air announces results for Q3/2022
  • Salvatore Sciacchitano re-elected Icao president
  • Close to Madrid
  • "Curiosity of the Day"
  • To counter airfreight 'tourism'

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The Loadstarweb site
NOVEMBER 10, 2022
  • Airlines betting on freighters: a waste of space or a timely investment?
  • New carbon emissions index claimed to put IMO metric to shame
  • 'Beware': Hapag-Lloyd is coming after your terminal business
  • Expedite All targets US reefer van sector with booking platform for shippers
  • Logistics as a service offering 'will make us unstoppable', says UPS chief
  • Maersk set to launch Bangladesh-India inland services after successful trials
  • From Flexport's KKR deal to credit losses at Kuehne, FedEx et al
  • Supply chain disruption alchemy turns shipping line returns to gold
  • Nice surprise - look at 'buoyant' GXO Logistics!

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Marine Logweb site
NOVEMBER 10, 2022
  • Amogy in marine ammonia-to-power MOU with Yara's YCA subsidiary
    Brooklyn, N.Y. based high tech start-up Amogy Inc. reports that its innovative ammonia-to-power system for maritime applications is to be considered for future shipping projects with Oslo-headquartered Yara Clean Ammonia (YCA). Yara
  • Algoma Central and Furetank to double their FureBear fleet
    St. Catharines, Ontario, headquartered Algoma Central Corporation (TSX: ALC) reports that it has doubled its investment in its FureBear 50/50 joint venture with Donsö, Sweden, based Furetank, which will be boosted by

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Container Newsweb site
NOVEMBER 10, 2022
  • Drewry urges shippers to start planning for decarbonisation in shipping, warns of up to US$14 billion in extra costs
    The imperative to decarbonise the global shipping industry is clear and present, however, many of the world's largest importers and exporters are insufficiently informed about the full implications of the forthcoming new emissions regulations and the billions of dollars that will be added to freight costs in the future. Pressure to decarbonise and reduce emissions of greenhouse gases (GHG) is gro
  • BIMCO joins Blue Visby Consortium
    BIMCO is now part of the Blue Visby Consortium to support research into practical solutions that are expected to help reduce the shipping industry's greenhouse gas (GHG) emissions. Blue Visby aims to reduce GHG emissions from ships by approximately 15% through a multilateral platform called the Blue Visby Solution, which optimises ship arrival times at their destinations by eliminating the practi
  • TT Club highlights continued vigilance to limiting container vessel fires
    TT Club is continuing its efforts to convince cargo interests, supply chain professionals and enforcement agencies that the responsibility for mitigating container ship fires is shared by numerous entities involved from end to end of the entire global supply chain. With its estimated sixty-day average occurrence of serious fires being maintained by the Zim Charleston fire in August and the TSS Pe
  • Two-year low for Drewry's World Container Index
    Drewry's World Container Index (WCI) took a 9% beating this week to end at US$2,773, which is the lowest-ever figure over the past 24 months. Having slipped past the US$3,000 mark, the index has lost 86% of its gains accumulated since the pandemic period. This is signaling towards the path that the slip in spot rates is yet to be over, despite a reported decrease in services, especially in the Tr
  • Indices for fuel prices are trending upwards
    According to the weekly outlook of Marine Bunker Exchange (MABUX) for bunker prices, indices showed signs of a possible uptrend. The 380 HSFO index rose by US$11.88 to US$509.6/MT, the VLSFO index remained almost unchanged at US$781.80/MT and the MGO index added US$7.42, reaching US$1,165.19/MT. "All index changes were still insignificant," commented a MABUX official. Meanwhile, the Global Scrubb
  • Chile's largest port to enhance its equipment with 20 Konecranes lift trucks
    San Antonio Terminal Internacional (STI) has begun taking delivery of 19 Konecranes Liftace reach stackers and one Konecranes Liftace empty container handler at its operations at the Port of San Antonio in central Chile. The first delivery of six units was completed in July 2022, the second is expected later this year and the third in early 2023. The two companies, SAAM Puertos S.A and Stevedorin
  • Maersk and CMA CGM stop calling Itajai on Bossa Nova/SIRIUS service
    Maersk Line and CMA CGM have announced adjustments in their joint service that connects Mediterranean with East Coast South America. The service called Bossa Nova service by Maersk and SIRIUS by CMA CGM will no longer call at the port of Itajai in Brazil, according to recent statements from the two major container lines. The two companies have not explained the reason for the decision to cease po
  • Maersk to open new warehouse in Philippines
    A.P. Moller-Maersk will add a new 100,000 m² warehouse in Calamba, Laguna in the Philippines. The groundbreaking ceremony was held on 9 November and the new facility is expected to be completed by the end of 2023. The new warehouse is located an hour's drive from Manila and is expected to be connected to the regional industrial center where major manufacturers operate. The facility will be operat
  • SAFEEN Feeders announces new UAE-Red Sea service
    AD Ports Group's SAFEEN Feeders has officially launched its UAE-Red Sea service with the inclusion of Fujairah Terminals and Jeddah, following successful trials with allocated cargo on the route. The Red Sea service will provide direct connectivity between Abu Dhabi's Khalifa Port and Port Sudan and will travel via AD Ports Group's Fujairah Terminals, on the eastern seaboard of the UAE and Jeddah
  • DP World and Emirates Development Bank to support SMEs
    DP World has signed a memorandum of understanding with Emirates Development Bank (EDB) to provide small and medium-sized enterprises (SMEs) access to trade finance through its trade finance platform. The agreement includes a formal framework for EDB and DP World to provide SMEs with access to trade finance at competitive interest rates through DP World's trade finance platform. The two parties ar
  • Yang Ming boosts profits in 2022
    Yang Ming reported US$3.41 billion in revenues in the third quarter of the year with the company's profits after taxes reaching US$1.7 billion for the same period. Additionally, in the first nine months of the year, Taiwan's container carrier achieved US$10.79 billion in revenues and US$5.66 billion in profits after taxes. Yang Ming said its profits have significantly increased, compared to the s
  • Hapag-Lloyd nears US$15 billion profit from January to September
    According to Hapag-Lloyd's release, the first nine months of 2022 have been quite profitable for the company. The German container carrier has concluded the first three quarters of the year with earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$16.6 billion and earnings before interest, taxes (EBIT) of US$15.1 billion. For the same period, Hapag-Lloyd has seen its pro

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Splashweb site
NOVEMBER 10, 2022
  • Marubeni signs up for Spanish suction sails
    Japanese conglomerate Marubeni has set sights on wind-assisted propulsion in a new project that will see one of its bulk carriers fitted with four suction sails. Singapore subsidiary MMSL has contracted Spain's bound4blue to retrofit the 2016-built in 2023 or 2024 in what is expected to be the largest suction sail setup ever and the ...
  • Furetank and Algoma JV doubles up on product tanker newbuilds
    Sweden-based Furetank and Canada's Algoma Central Corporation are expanding their product tanker joint venture with four additional newbuilds, bringing the total investment to eight vessels. Like the initial four-vessel order, the 50/50 owned FureBear JV will build the additional 17,999 dwt quartet at China Merchants Jinling Shipyard in Yangzhou. Two ships have already been ordered ...
  • Sallaum Lines orders two car carriers in China
    Sallaum Lines is expanding its car carrier fleet with two new dual-fuel LNG vessels in China. The Swiss-based shipowner has contracted Fujian Mawei Shipbuilding for 7,500 ceu ships set to deliver in 2025. Sallaum Lines is the tenth largest vehicle carrier operator with a fleet of 10 owned and chartered vessels. According to VesselsValue data, ...
  • Performance Shipping lines up $37m financing
    Nasdaq-listed Greek tanker owner Performance Shipping has arranged a $37.4m loan with Piraeus Bank as part of its fleet expansion programme. The loan is expected to be drawn in two simultaneous advances upon delivery of the recently acquired Phoenix Beacon, to be renamed P Monterey. The company said it would use the proceeds to refinance ...
  • Arise launches dedicated pan-African shipping company
    Arise group, one of the leading pan-African infrastructure and logistics players, has launched a dedicated shipping company to provide services for the mining, agricultural and industrial sectors. Arise Shipping and Logistics will primarily provide services that complement the operations of its parent company, Arise Integrated Industrial Platforms (Arise IIP), but it should also build its ...
  • Tomini adds to fleet with handy pair buy
    Tomini Shipping has again added to its fleet of dry bulk carriers with the purchase of two handies. The Dubai-based shipowner and operator acquired the 2016 Chinese-built 38,780 dwt Tomini Sirocco and the 2015-built 38,635 dwt Tomini Pampero for an undisclosed sum. The latest additions, which take the fleet to 26, wrap up the biggest ...
  • Yara teams with ammonia-to-power startup Amogy
    Norway's Yara Clean Ammonia has partnered up with US-based energy tech startup Amogy to explore the latter's ammonia-to-power system as a zero-emissions solution for use in future shipping projects. The Amazon and Saudi Aramco-backed Amogy has developed a platform, already demonstrated in a drone and heavy-duty tractor, which relies on ammonia cracking technology in which ...
  • MOL books three more LNG newbuilds in China for QatarEnergy
    Japan's Mitsui OSK Lines (MOL) has signed another long-term charter contract with QatarEnergy for three newbuild liquefied natural gas (LNG) carriers. The vessels will be built at CSSC-affiliated Hudong-Zhonghua Shipbuilding and are scheduled for delivery in 2027. MOL signed a long-term charter contract with QatarEnergy in April 2022 for four newbuilds, and the latest deal ...
  • ExxonMobil reserves another SBM Offshore floater
    Dutch floater specialist SBM Offshore has signed a memorandum of understanding with ExxonMobil Guyana for the construction of a multipurpose floater hull for use on a future FPSO project. The deal gives ExxonMobil exclusivity for the seventh floater of SBM Offshore's Fast4Ward hull. The company recently placed an order for the hull in China. The ...
  • Controversial Young Yong VLCC refloated
    The controversial VLCC was refloated today, two weeks after it ran aground off the Riau Islands in Indonesia. The laden ship, owned by Hong Kong's Technology Bright International, has been sanctioned by the US for carrying illegal oil. It has emerged that the cargo it was carrying when it ran aground was sanctioned Venezuelan oil, ...
  • Euronav offloads another ageing suezmax
    The suezmax rejuvenation programme at Euronav proceeds apace with the Belgian tanker owner revealing today it has sold the 2006-built , generating a capital gain of $14.3m. The vessel is debt free and expected to be delivered to its new owners during the current quarter. Last month Euronav offloaded the 2006-built suezmax Cap Philippe to ...
  • BMS showcases SOV design for US shipyards
    Louisiana-based Baker Marine Solutions (BMS) has unveiled a wind farm service operation vessel (SOV) designed specifically to be built in the US. The BMS 1776 is designed to ABS class standards and is fully certified to operate in US waters and can be constructed in any shipyard with sufficient space for the hull length. "With ...
  • More Norwegian hydrogen-powered bulkers to enter service
    Norway's Halten Bulk has moved to build a pair of hydrogen-fuelled bulkers following NOK142m ($13.8m) funding from government enterprise Enova. Halten Bulk, owned by Brødrene Nordbø, Egil Ulvan, and Strand Shipping, was founded in 2014 and currently operates seven short-sea bulk vessels. The two new vessels have been designed by Norwegian Ship Design, which now ...
  • Odfjell Oceanwind forges floating wind pact with Source Galileo
    Norwegian floating offshore wind specialist Odfjell Oceanwind and renewable energy developer Source Galileo's Norwegian branch, Source Galileo Norge, have signed a memorandum of understanding to cooperate on developing floating wind parks using Odfjell Oceanwind's technologies. The cooperation will target wind parks for the electrification of oil and gas installations, the Utsira Nord seabed deve
  • Dark ship tracking service launches
    Space-based maritime data firm Spire Global has revealed a new dark shipping detection service to track vessels that manipulate their reported position in order to conceal their activities. The system is designed to identify vessels that turn off Automatic Identification System (AIS) transponders to go dark or attempt 'spoofing' of AIS signals to report false ...
  • Bulk carrier detained in Australia over unpaid wages
    The International Transport Workers Federation (ITF) inspectorate has discovered a case of wage theft and human rights abuse aboard a coal ship berthed in Newcastle port in Australia, with crew members denied their legal right to shore-leave and robbed of $75,000 in wages owed to them over three months. As a consequence of the ITF ...
  • Samsung Heavy debuts a liquefied hydrogen fuel cell system
    Samsung Heavy Industries has debuted a liquefied hydrogen fuel cell system. The South Korean shipbuilding major has received an approval in principle from DNV for its polymer electrolyte membrane fuel cell, which it has developed in association with compatriot firms Bumhan Fuel Cell, Jungwoo ENE and S&SYS. In 2020, Bloom Energy and Samsung Heavy Industries ...
  • Chevron and MOL to study CO2 shipping from Singapore to Australia
    Chevron Corporation and Mitsui OSK Lines (MOL) have signed a joint study agreement on the feasibility of transporting liquified carbon dioxide (CO2) from Singapore to permanent storage locations offshore Australia. Chevron and MOL will explore the technical and commercial feasibility of initially transporting up to 2.5m tonnes per annum of liquified CO2 by 2030. The ...
  • ACPA says ports need more financial flexibility to meet Canada's global sustainable energy aspirations
    In August, Canadian prime minister Justin Trudeau and German chancellor Olaf Scholz signed a five-year deal through which Canada will supply green hydrogen to Germany. Just days later, Canada's Belledune Port Authority (BPA) signed an MOU with Niedersachsen Ports in Wilhelmshaven, Germany, to establish an energy partnership focused on clean fuels and green products. BPA CEO Denis Caron ...
  • Transport Canada invests in new transload facility to relieve congestion at Port of Hamilton
    Transport Canada yesterday announced funding of almost C$5m ($3.69m) to relieve supply chain congestion at the Port of Hamilton. The investment from the National Trade Corridors Fund for the Building Capacity in Canada's Steel Supply Chain project will pay almost half of the close to $10m total project cost estimate. The funds are intended to ...

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Lloyd's Listweb site
NOVEMBER 10, 2022
  • Russia steps up suspected arms trade with Iran via Caspian Sea
    Security analysts point to increasing 'dark' AIS activity in the Caspian Sea as evidence of weapons trades between Iran and...
  • From Champagne to beer: downsized freight futures examines emissions challenges
    'Volatility and risk management is increasing and that's setting up FFAs in fuel oil and carbon to manage this risk,'...
  • D'Amico confident of product tanker market boost
    Italian owner looking to increase its period cover to 20-30% from current 12-13% to lock in some of the strengthening...
  • Frangou says Navios Partners 'well served' by diverse fleet
    Fleet renewal in progress also on partnership's dry bulk side
  • Algoma and Furetank expand products tanker partnership
    FureBear has added two handysize newbuildings at China Merchants Jinling Shipyard
  • Genco revenues weighed down by capesizes
    The bulker owner remains firmly profitable but expects rates to weaken in the last quarter of the year
  • Safe Bulkers beats profit forecasts despite weakening market
    Company deploys more vessels in the spot market, although seven of its eight capesizes remain on period charter
  • Euronav benefits from booming tanker values
    The increasing value of crude oil tankers is being partly driven by shipowners buying up ships to use for Russian business...
  • UK Club asks for 10% general increase
    Fifth International Group affiliate to declare its hand hits members with double-digit premium hike, among the highest announced so far
  • Hapag-Lloyd looks to infrastructure as market slows
    Despite recording profits that will not be seen again in a lifetime, Hapag-Lloyd is warning of a downturn. Its focus...
  • Torm gets profit boost on redrawing of trade flows
    Danish product tanker owner expects the trade flow disruptions to continue as Europe imports diesel from further away, significantly increasing...
  • Cutler confirmed as chair of International Group
    Russia sanctions and state of pool scheme will be at the top of his in-tray
  • Ship orders provide no answer to supply chain crunch
    Singapore-headquartered logistic company has established an innovation centre to create momentum for supply chain collaboration and is eyeing further expansion...
  • Chevron joins MOL study on shipping liquid CO2 to Australia
    Developing safe and reliable CO2 transportation services is a crucial step in advancing large scale CCUS systems, and working with...
  • MOL secures three more LNG carrier contracts with QatarEnergy
    An MISC-led consortium, which includes the two other important Japanese lines NYK and K Line, has secured contracts for 12...
  • Threat to US supply chain lifts as rail deal deadline is extended
    The third-largest rail union had been prepared to strike from November 19, but the extension spares the US economy from...
  • DEME wins offshore wind installation contract in Taiwan
    Commissioning is due to start in 2025
  • Daily Briefing
    Ukraine constructive total losses could hit $1bn | Rescue of blacklisted tanker begins in Indonesia after US sanctions exemption |...
  • Blacklisted VLCC Young Yong refloated after grounding off Indonesia
    Port authority of Tanjung Balai Karimun, which handled the evacuation process, said it will decide on what to do with...

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The Journal of Commerceweb site
NOVEMBER 10, 2022
  • Carriers face 'bumpy ride' on rates, but no return to 2016 losses: Habben Jansen
    Hapag-Lloyd's CEO says the slide in ocean rates coupled with weakening demand would likely cause pop-up carriers - mainly intra-Asia lines that entered the trans-Pacific trade when rates hit historic highs - to pull out.
  • M&A in US trucking, logistics cross 'asset lines'
    US transportation companies with cash on hand are acquiring asset-based truckers and non-asset freight brokers alike to add services and shipper customers and build network density.
  • MPV rates decline as market chaos unwinds
    Confident of project demand ahead, the multipurpose vessel sector sees November's softening rates as a move toward stability, analysts say.
  • Marine chassis manufacturer being probed by US authorities in duty case
    The investigation by US authorities into whether Pitts Enterprises evaded duties on chassis may have serious ramifications for the South Carolina Ports Authority, which ordered 11,000 chassis from a Pitts subsidiary to launch its own pool next March.

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TradeWindsweb site
NOVEMBER 10, 2022
  • Delays and bad weather tighten aframax tonnage lists as rates rise
    North Sea and Mediterranean rates rise, while the US Gulf Coast sees rates remain high
  • Delays and bad weather tighten aframax lists as rates rise
    North Sea and Mediterranean rates rise, while the US Gulf sees rates remain high
  • Cruise and container lead shipping pack as inflation easing sends US stocks soaring
    Lower-than-expected inflationary data fuels hope for smaller interest rate hike by Federal Reserve
  • Algoma Central doubles down on FureBear joint venture
    Canadian shipowner orders four more product tankers with Sweden's Furetank
  • Navios Partners reveals flurry of asset deals across diversified fleet
    New York-listed shipowner posts $113m in adjusted profit for third quarter, down from $130m a year ago
  • Detained VLCC's engine disabled in bid to prevent Nigeria from taking it
    Heroic Idun crew members are suffering from extreme stress after being held for nearly three months
  • FSRUs are Europe's 'most important' asset to achieve energy security and transition
    Excelerate Energy chief Steven Kobos
  • Genco Shipping still hungry for more ships, with sights set on 2023
    While New York owner looked at Grindrod deal, it is wary of valuations that still seem too "sticky"
  • Streetwise: As interest rates rise, Scorpio Tankers' next debt cut could be a big one
    Our weekly finance newsletter explores Scorpio's new tack, which has little to do with the issue of rising interest
  • Spot tanker exposure paying off for optimistic DIS boss Paolo d'Amico
    Italian product carrier specialist surges back into profit in sustained recovery
  • Marsh warns climate change could shut the Suez Canal again
    Insurance broker has taken close look at how global warming will affect critical supply chain waterways
  • Torm expects indirect boost from Russian price cap plan, says Meldgaard
    CEO says longer voyages and tight tonnage means that Torm's fleet of 78 tankers is in prime position before EU oil ban
  • 'Those are numbers we will never see again in our lifetime', says Hapag-Lloyd chief on box boom
    Hapag-Lloyd boss Habben Jansen waves goodbye to the era of super returns
  • Young Yong VLCC refloated as links emerge to Venezuelan oil
    Indonesian navy towing controversial tanker to anchorage
  • Will Seaways take a leaf out of Fredriksen's book on dividends?
    Clarksons Securities believes tanker owner's shareholder payouts are set to rise
  • Insurers caught in the sanctions crossfire as dark fleet casualties expose pollution threat
    Who will pay for the pollution caused by an uninsured tanker operating in sanctioned trades?
  • Big lenders come in on $1.17bn Seaspan newbuilding finance drive
    BNP Paribas and HSBC involved in huge funding round for 15 new ships
  • Belships unrattled by falling freight market as profit holds steady
    Ultramax owner has declared a NOK 0.75 dividend for the third quarter
  • Performance taps Piraeus Bank for $37m to finance latest aframax
    Greek owner will use part of loan to refinance older tanker
  • Excelerate Energy FSRU for Finland to fire up regas operations in December
    Regasification specialist said industry is experiencing 'most significant energy market disruption in decades'
  • Hapag-Lloyd's Habben Jansen warns of 'difficult waters' ahead amid falling spot rates and rising inflation
    Boss of German line maintains full-year forecast after profits double
  • Troim's 2020 Bulkers profit slashed in 'unseasonally weak' markets
    Tor Olav Troim-backed owner blames unwinding of port congestion
  • Torm reaps benefits from longer trade routes amid Russia invasion
    Danish clean product specialist records highest quarterly profit as tanker rates continue to climb
  • Euronav takes fat profit as older tanker is sold in fleet renewal
    Belgian owner confirms broker reports of disposal of the Cap Guillaume
  • MOL and Chevron to study shipping CO2 from Singapore to Australia
    Companies say plan follows on from a large-scale carbon-capture project announced earlier this year in the Lion City
  • Okeanis gains $13m from scrubbers as forward VLCC rates double
    Greek tanker owner has "constructive" outlook on tanker market as tonne-miles surge
  • MOL confirms LNG carrier newbuilding trio in China for QatarEnergy
    Vessels bring tally for Japanese owner to seven ships under mammoth Qatari project
  • Vietnam's An Binh Logistics buys second tanker, possibly for niche Aussie trade
    Recently formed Vietnamese company has been involved in an interested new trade out of Western Australia
  • Vietnam's An Binh Logistics buys second tanker for niche Aussie trade
    Recently formed Vietnamese company has been involved in an interested new trade out of Western Australia
  • MOL reports 70% operational rate for hard sail on maiden voyage
    Japanese shipowner said a full analysis will be carried out once the vessel has completed one full voyage
  • Safe Bulkers shuffles charter balance as quarterly profits dip
    Greek-Cypriot dry bulk owner moves larger share of fleet into the spot market, but keeps all but one capesize on period employment
  • Genco Shipping delivers another profit, and fatter dividend, as expenses dip
    Manhattan owner guides to lower but still solidly profitable rates in current quarter

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American Shipperweb site
NOVEMBER 10, 2022
  • Hapag-Lloyd CEO: Container market volatile but not collapsing
    Container shipping fundamentals are not as bad as spot rates imply, says the head of the world's fifth-largest ocean carrier.
  • 'Considerable uncertainties' cloud forecasts for HMM, Yang Ming
    "Container demand is expected to be under downward pressure due to considerable uncertainties," HMM said in its third-quarter earnings release.

››› File
FROM THE HOME PAGE
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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