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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
23:10 GMT+1
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BRIEFS
May 13, 2022
Exim Indiaweb site
  • Dacotrans India celebrates Silver Jubilee
  • Yang Ming posts strong quarterly results
  • Guidelines for dealing with stressed public private partnership (PPP) projects at Major Ports in respect of (i) Projects which became stressed during construction stage i.e. pre-coD stage; and (ii) Projects, both at pre-COD and post-COD stage, which became stressed due to borrowings being categorised by the lenders to the projects as NPA, and/or lenders have approached NCLT for recovery of their dues
  • Targeting 18,000 km of NHs in 2022-23: Gadkari
  • ONE launches improved eCommerce platform
  • Mumbai Port chemical berth's permissible draft enhanced
  • Plea against import of GM soybean meal
  • RoDTEP rates for SEZs to be finalised by mid-June
  • Capt. Rajesh Unni elected Vice Chairof Maritime Anti-Corruption Network
  • Chittagong Port Authority's new tariff
  • India, UK target FTA by Diwali; doubling bilateral trade by 2030

International Transport Journalweb site
  • Estonian cargo carrier leases AN-26 from Ukraine
  • Cargologic Germany files for insolvency
  • Further Eurasian intermodal route launched
  • First electric trucks in Hong Kong
  • Montreal pushed projects in 2021
  • Dirk Verstraeten now CEO of De Grave-Antverpia
  • Leman's activities on the rise
  • Alliance Ground Intl acquires TAS
  • Abracadabra in Latin America's air transport business
  • Increased sustainability for Australia
  • A cold takeover
  • Profits to be invested in Damietta
  • David Berling joins DDS Logistics
  • Eco-friendly trucks for urban deliveries
  • Former Baltimore teacher to lead strategic port
  • A big surface in Germany
  • The "Hopper" is back
  • "Curiosity of the Day"
  • Menzies Aviation and Agunsa to partner in Chile

The Loadstarweb site
MAY 12, 2022
  • Hapag books $4.7bn Q1 profit, but the outlook is uncertain as costs rise
  • Cargolux highs and lows: running a freight airline not for the faint-hearted
  • Against the odds: Days at sea with Fresh Del Monte
  • Carriers lose out on e-commerce returns by failing to find solutions
  • Safety management among carriers yet to catch up with ship sizes, say insurers
  • On the wires: Hapag-Lloyd - worth $76bn; Q1 $4.7bn income; 0.4% tax rate
  • Brexit has harmed SMEs, but it's 'an opportunity for forwarders'
  • Peel Ports to extend its reach with Salford trimodal terminal
  • Celeste Thomasson and Pascale Dubois join Geodis executive board

Marine Logweb site
MAY 12, 2022
  • All American Marine delivers second 150-passenger cat to Alaska tour operator
    The All American Marine (AAM) shipyard in Bellingham, Wash., has completed construction, launched, and delivered the Skana, a 150-passenger hydrofoil-assisted catamaran for Major Marine Tours. This is the second vessel AAM has
  • Empire Wind picks ECO to provide plug-in hybrid SOV
    Empire Offshore Wind, a joint venture between Equinor and BP, has reached a long-term charter agreement that will see Edison Chouest Offshore (ECO) provide a plug-in hybrid service operations vessel (SOV) for
  • Carolinas offshore wind lease sale draws $315 million in winning bids
    Yesterday's Department of the Interior wind energy auction for two lease areas offshore the Carolinas attracted competitive winning bids from two companies - TotalEnergies Renewables USA and Duke Energy Renewables Wind -

Lloyd's Listweb site
MAY 12, 2022
  • Teekay expects tanker trade dislocation to stay
    Longer-haul trade likely to continue as the West shuns Russian oil, but headwinds such as a dip in the global...
  • Legal framework years behind autonomous shipping revolution, lawyer warns
    'We've got new technology created new law, with potentially new outcomes without necessarily knowing what will happen next,' says HFW...
  • Banks start selling Sovcomflot fleet as sanctions deadlines loom
    Sovcomflot is negotiating the sales of dozens of its vessels to multiple Chinese and Middle Eastern buyers before sanctions deadlines...
  • Supply chain snarl-ups boost HHLA revenues
    Despite having to shutter one of its facilities HHLA's earnings rose during the first three months. Higher storage fees at...
  • UN tries to raise $80m to fix FSO Safer, but gets just $33m
    A UN meeting at The Hague raised $33m of its $80m target to transfer oil from floating storage vessel Safer...
  • Capesizes jump to five-month high
    The market has now overtaken the panamax, supramax and handysize segments which had surpassed daily earnings for the capesizes over...
  • Hapag-Lloyd forecasts decline in freight rates and demand
    Consumer confidence is being knocked by inflation and uncertainties. While disrupted supply chains are set to remain, Hapag-Lloyd expects demand...
  • Ukraine 'dislocation' of tanker market helps Euronav narrow losses
    Belgian tanker giant and aspiring market consolidator sets out a positive view of tanker market fundamentals ahead of a crucial...
  • Marsh upbeat on North's merger with Standard
    Reduced volatility will mean more stable technical results and thus more competitive pricing if deal goes ahead, says Marsh
  • China Merchants sells dry bulker pair as part of fleet renewal
    CMES says old vessels are not eco-friendly and energy-saving since their Energy Efficiency Existing Ship Index is 20%-30% higher than...
  • Pacific Basin joins initiative to develop zero-emission ships
    Chief executive Martin Fruergaard says the dry bulker owner and operator makes zero emission-ready vessels the default choice by 2030...
  • First Ship Lease tanker remains detained in India
    'We are just a carrier of the cargo, which is a legitimate cargo,' says chief executive, declining to specify the...
  • Palm oil carrier Golden-Agri Maritime signs Sea Cargo Charter
    Sea Cargo Charter signatories commit to disclosing annually how their bulk chartering activities fit the International Maritime Organisation's decarbonisation targets
  • Swire Shipping joins World Shipping Council
    Swire Shipping recently announced it had signed a deal to buy Westwood Shipping Lines, a US-based multi-purpose transpacific service operator
  • Daily Briefing
    Gard chief rejects Scandinavian 'superclub' idea | Why VLCCs haven't joined the tanker market turnaround | Port throughput masks volume...

The Journal of Commerceweb site
MAY 12, 2022
  • Shippers wary over lack of clarity on Shanghai reopening
  • Growing South Asia imports serve as China hedge for NY-NJ shippers
  • Amazon's freight brokerage taps MercuryGate for shipper volume
  • Long-term contracts 'safeguard' Hapag-Lloyd earnings: CFO
  • Dockworker stoppages hit Colombo port flow amid protests in Sri Lanka

TradeWindsweb site
MAY 12, 2022
  • CMA-CGM eyes up to 7% bunker savings from Singapore just-in-time initiative
  • Eastern Pacific boosts its LNG carrier fleet as bank sells former Sovcomflot quartet
  • CMA CGM moves to credit US shippers who return containers early
  • Teekay Corp sells FPSO and plans to send another to the scrapyard
  • Do Saverys want to quickly sell off Euronav tankers to go green? Define 'quickly'
  • Bullish Seaspan parent Atlas sees supply chain woes keeping container rates high
  • American Shipping rescues Solstad vessel and enters sector for former Jones Act specialist
  • Teekay Tankers sells another ship as rates rally
  • Los Angeles-Shanghai tie-up offers model for green shipping corridors in the US
  • Dahm says KCC 'lucky' to have avoided Black Sea calls after invasion
  • SFL bags profit from vessel sales to Frontline and MSC
  • Falch leaving Arctic as Glastad family brings in second top shipping analyst
  • 'Competition is good': Gard boss responds to the challenge of consolidation
  • Europe's dirty habit feeds the flames of Putin's war
  • Shipping investors line up to partner Aqualung Carbon Capture
  • Coming to a stock exchange near you: mandatory carbon reporting
  • Euronav yet to decide crucial Frontline merger vote 'hurdle' percentage
  • Turkish seafarer dies in fire on cargo ship off Russia
  • UN plans to buy Houthis a tanker to replace 'time bomb' FSO
  • RCL demands release of ship seized for breaching Indonesia's palm oil ban
  • Only two of 22 listed bulker owners earned above-market rates in 2021, but there's a good reason
  • Belships bumps up dividend payments after strong start to the year
  • Broker Gallagher predicts more P&I mergers within a year
  • Hapag-Lloyd profits up 200% as container market 'peaks'
  • Klaveness brings in former Hoegh and Navig8 exec Abelsen to run fleet
  • 'Hurricane of hunger' threatens millions unless Ukraine can get its grain to market
  • Pacific Basin teams with Japanese players to develop zero-emission bulk carriers
  • Euronav positioned for 'next tanker cycle' as ship sales reduce loss
  • Disgruntled Navios shareholder Sherwood renews attacks on stalled dividend
  • Thoresen pumps out healthy first-quarter profit despite a cooler freight market
  • Roll up, roll up for the battle royal set to rock Euronav
  • Eight BP Shipping product tankers floated for sale in tonnage-hungry market
  • Carnival shares hit 52-week low on inflationary fears
  • BW Group's Hafnia stake falls below 50% after $100m share placement

American Shipperweb site
MAY 12, 2022
  • Has the peak of container shipping's epic boom already passed?
    Ocean carrier Hapag-Lloyd sees consumer demand and spot rates slipping, with market highs in the rearview mirror.
  • Israeli company confirms Cargojet deal for Boeing 777 cargo conversions
    Israel Aircraft Industries announced Cargojet as the third customer for its program to convert Boeing 777 jets into full-time freighters.

The Bunker Bulletinweb site
MAY 12, 2022
  • Crude flat despite tight refined products stocks, demand concerns
    US gasoline stocks fall, distillate stocks edge lower.
  • Midsize tanker volatility an 'ongoing feature' amid geopolitical environment: Teekay CEO
    Freight for midsize Suezmax and Aframax tankers have been in flux since late February as European crude buyers look to replace Russian crude with US Gulf Coast origin barrels.
  • INTERVIEW: Methanol bunkering to jump on shipping's decarbonization thrust: Methanol Institute COO
    Russia's invasion of Ukraine has highlighted the need for an orderly energy transition pathway.
  • Panama Canal Authority suspends Neopanamax locks 49.5-foot draft restriction
    Maximum draft at Neopanamax locks had previously been reduced to 49.5 feet.

›››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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