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28 April 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
September 21, 2022
Exim Indiaweb site
  • AAL eyes further network expansion with appointment of Merchant Shipping as commercial representative in India
  • 'This is a game-changing policy'
  • NATIONAL LOGISTICS POLICY WIDELY WELCOMED
  • Proposed strikes in Felixstowe & Liverpool a double whammy to UK's overstressed supply chain
  • CII to impact vessel availability
  • APSEZ approved for Tajpur port development
  • Minister stresses on cooperation, coordination & communication among stakeholders to reduce logistics cost
  • Transhipment through India of containerised export cargo of Bangladesh destined for third countries using Riverine and Land routes
  • India's exports to Bangladesh set to see surge
  • Suez Canal transit dues update
  • India aiming at $300 billion worth of electronics manufacturing & exports by 2025-26: Rajeev Chandrasekhar

International Transport Journalweb site
  • Develop globally and locally
  • ANA: faster insights with artificial intelligence
  • First train en route from China to Afghanistan
  • Cooperation enhanced
  • Cargo-Partner: Viva Mexico!
  • Autonomous trucks soon on Europe's roads
  • Newcastle Airport chooses Aileen Wallace
  • New cargo airline in Vietnam
  • Partnering to speed up zero emission transport
  • When a tiger swallows eight cheetahs
  • Slump across the board?
  • Aapa expands government relations team
  • Two Chinese musketeers
  • Warehouse boom at London Gateway continues
  • Bridge in Zambia re-opened for freight trains
  • Too many transhipments for Valenciaport
  • "Curiosity of the Day"
  • Etienne Page to head logistics solutions at Etyo
  • Air Belgium partners with WFS in South Africa

The Loadstarweb site
SEPTEMBER 20, 2022
  • China's economy stutters as global economic centre of gravity shifts south
  • Kalitta Air eyes Quito as overcapacity hits Chilean market
  • Freight rate bonus for carriers leads to 15% hike in Suez Canal fees
  • Against the odds: Post-FedEx, 'avoid' UPS? Uhmm...
  • Liverpool dockers begin two-week strike after rejecting 'generous' pay offer
  • Charter market at a crossroads, as shipping rate collapse makes owners 'nervous'
  • Airports seek info connectivity with ocean cargo for sea-air visibility
  • OceanX radar: Breaking $5k; FedEx; China's RE Ponzi scheme; Greenwashing
  • UK's HMRC extends CHIEF use for companies unable to switch to CDS
  • Boxship oversupply will kickstart demolition, says veteran Taiwan forwarder
  • DP World wins again and legal costs rack up for Djibouti and China Merchants
  • Supply chain decarbonisation needs partnerships to create a reaction

Marine Logweb site
SEPTEMBER 20, 2022
  • ASKO Maritime christens first two sea drone autonomous freight ferries
    Norway's ASKO Maritime is moving right along with its plans to put emissions-free - and ultimately people-free - autonomous freight ferries into operation across Oslo Fjord. The first two of the battery-electric
  • NYCEDC says more about search for new NYC Ferry operator
    As we reported earlier, the New York City Economic Development Corporation (NYCEDC) has now issued a request for proposals (RFP) seeking an operator for the NYC Ferry public transit system. The RFP
  • Cal Maritime training ship to have its first female captain
    California State University Maritime Academy has appointed Samaro Bannister-Schneider to serve as interim captain of its Training Ship Golden Bear (TSGB). A 2000 graduate of Cal Maritime's Marine Transportation (MT) program, she
  • Seaspan LNG bunkering trio will feature Høglund automation
    Three 7,600-cubic-meter LNG bunkering vessels on order for Canadian owner Seaspan ULC wlll feature integrated automation systems (IAS) from Tønsberg, Norway, headquartered Høglund Marine Solutions. The IAS will seamlessly connect the cargo
  • Damen plans new, bigger, anchor handler class for floating wind
    The U.S. is not alone in having ambitious targets for floating offshore wind. Forecasts indicate that by 2050 over 200 GW of new floating offshore wind turbines will be in operation worldwide,
  • Washington State Ferries to outline its hybrid electric journey at FERRIES 2022
    Speakers at Marine Log's upcoming FERRIES 2022 will include Matt von Ruden, administrator of Washington State Ferries' (WSF) electrification program. On November 2, Day 2 of the conference, he will speak on
  • White Paper: Steer to the Future
    What is Digital Ship Lifecycle Management?Modern ships are highly complex products with lifetimes spanning 25-30 years for commercial vessels, and up to 50 years for naval ships. Managing this complexity during the
  • MER Equipment names Forslund business development manager
    Seattle, Wash., based MER Equipment reports that Bill Forslund has joined it as business development manager. Family-owned MER Equipment is a specialist in the custom building of marine & industrial generators, power
  • Manson Construction Co. names new CFO
    Jon Rodriguez assumed the role of chief financial officer (CFO) at Seattle, Wash., based Manson Construction Co. effective August 15, 2022, becoming Manson's third CFO in the last 30 years. "Jon is

Container Newsweb site
SEPTEMBER 20, 2022
  • DP World starts construction of new warehouse at London Gateway
    DP World in the United Kingdom has announced that work has begun on a new 11,000m² green warehouse at London Gateway's port-centric Logistics Park, which is expected to be completed in the third quarter of the next year. The company has announced increased demand for warehousing space in South East of England, as well as record cargo volumes at its two UK logistics hubs, London Gateway and Southa
  • Cargo vessel capsizes and sinks at Turkish port
    General cargo vessel Sea Eagle, which was loaded with containers, lost stability and tumbled over during offloading operations at Iskenderun port in Turkey on 18 September. The Turkish Ministry of Transport and Infrastructure said that the efforts to balance the ship did not yield results and, therefore, Sea Eagle sank at the berth. All crew members on board were evacuated and no loss of life or
  • Captain of stranded ship in Kaohsiung in failed escape attempt
    The captain of a general cargo ship which had been stranded for half a year in Kaohsiung, Taiwan, after its ship owner failed to pay the port for damages, tried to escape by going ashore on 18 September without permission. Unluckily, the Chinese captain was caught by the police and sent back to the 1995-built 8,400 dwt ship Uniprofit. All 16 crew members, 11 Chinese and five Indonesians remain st
  • SeaPort Manatee receives US$12 million grant to upgrade container yard facilities
    SeaPort Manatee, one of Florida's largest deepwater seaports, has been awarded a federal grant of nearly US$12 million to advance a 67,000m² expansion of container yard facilities at Florida Gulf Coast trade gateway. The upgraded infrastructure of SeaPort Manatee is one of 26 projects for which a total of US$1.5 billion in Infrastructure for Rebuilding America (INFRA) grant funding was announced
  • HMM and CEVA Logistics ink multi-year cooperation deal
    South Korean ocean carrier HMM and French logistics firm CEVA Logistics have signed an agreement which is expected to strengthen and expand relations between the two companies, increasing the level of collaboration. The multi-year deal, which lasts into 2025, builds on the two parties existing relationship and brings CEVA's strategic ocean partner network to 14 global and regional carriers. "Desp
  • NWSA sees container volume drop in August
    The Northwest Seaport Alliance (NWSA), a marine cargo operating partnership of the ports of Seattle and Tacoma in the United States, reported decreased container volumes in August. In particular, total container volume for August decreased 10.4% to 280,436 TEU, with full imports declining 11.1% and full exports declining 9.9% year-over-year. In addition, year-to-date volumes declined 6.2% to 2,34
  • Global dockers unions support Liverpool striking port workers
    The workers' strike action at the Port of Liverpool began yesterday (19 September) and is expected to last until 3 October. Today, on 20 September, global transport unions, such as the International Transport Workers' Federation (ITF) and European Transport Workers' Federation (ETF), announced their support to 560 Liverpool striking dockers. ITF and ETF said they fully support the struggle of the
  • DP World wins latest judgement in Hong Kong Court over Djibouti box terminal concession
    DP World announced it has won the latest in a string of court rulings, defending its rights as shareholder and concessionaire in Djibouti's Doraleh Container Terminal. The Court of Appeal of Hong Kong has dismissed the latest request by China Merchants Port Holdings seeking permission to file a second appeal before the Court of Final Appeal, against its previous decision that DP World's suit agai
  • Bangladeshi freight forwarders hike charges by 57% owing to fuel price hike
    Owing to the recent record price hike of fuel oil in the local market, Bangladeshi freight forwarders have enhanced forwarding charges by 57% for each import bill which the importers and apparel exporters have protested. The freight forwarders argued that the charge, namely destination service charge, remained unchanged since 2014. "During this long period, due to increase in the price of water,

Splashweb site
SEPTEMBER 20, 2022
  • Modus and Equinor team up to deploy resident subsea drone at Johan Sverdrup
    UK offshore solutions provider Modus has secured a contract with Equinor for the provision of underwater intervention drone missions at the Johan Sverdrup field in the Norwegian North Sea. The contract, which the company said is a world-first, will run from 2023 to mid-2024, utilising one of Modus' Saab Sabertooth hovering autonomous underwater vehicles (HAUVs) ...
  • Norwegians showcase hydrogen-based shore power solution
    A Norwegian consortium comprised of four local players, PSW Power & Automation, Westgass Hydrogen, CCB and H2 Production, has been established to provide a hydrogen-based shore power solution to the maritime sector. The system, designed by PSW, part of Norwegian industrial owner Scana, was piloted at CCB's shipyard in Ågotnes this week on the platform ...
  • New vessel class for floating offshore wind sector under development
    Damen Shipyards has disclosed the development of a new vessel class that will be capable of supporting the rollout of large-scale floating offshore wind turbines. Citing forecasts of over 200GW of new floating wind turbines in operation by 2050, equating to around 13,500 units, the Dutch shipbuilder said that given the size of the turbines ...
  • McDermott lands big contract in Angola with TotalEnergies
    McDermott International has won a significant contract worth between $250m and $500m from TotalEnergies for engineering, procurement, supply, construction, installation, pre-commissioning and assistance to commissioning and start-up of the Begonia field project offshore Angola. The Begonia project, located in water depths between 400 m to 750 m, will collect hydrocarbons from a reservoir, via a ...
  • CLdN takes over Clipper's roro business Seatruck
    Luxembourg-based roro operator CLdN has struck a deal to acquire Seatruck Ferries from Denmark-based bulk carrier operator Clipper for an undisclosed sum. The deal will see the Irish Sea roro operator join CLdN with eight purpose-built vessels that transport close to 20% of the region's seaborne cargo volumes. "Seatruck will be a valuable addition to ...
  • Marco Polo Marine makes CSOV newbuild move
    Singapore offshore vessel player and shipyard Marco Polo Marine is pressing ahead with plans to meet the rising demand for support vessels required to service the offshore wind farm industry in Asia. The company said that it will build, own and operate a specialised offshore wind commissioning service operation vessel (CSOV) by the first quarter ...
  • Tanker asset values remain in the ascendant
    Secondhand tanker prices, which have been on a tear for months, are hitting highs not seen for more than a decade. Analysts remain divided on just how much further the asset appreciation can continue. Crude tanker prices have gained in average around 30% from their start of the year levels. The most recent rate hikes ...
  • Claus Gronborg steps up to lead Maersk Product Tankers
    Maersk Tankers' chief investment officer, Claus Gronborg, has been appointed CEO of Maersk Product Tankers, taking over from Christian Ingerslev on October 1. Gronborg has been managing the Maersk Product Tankers fleet for the past three years. Previously, he held executive positions, including chief commercial officer and vice president of business development at Maersk Tankers. ...
  • Tufton takes fleet to 23 with Marinakis tankers buy
    Tufton Oceanic Assets has acquired a pair of secondhand product tankers, taking its fleet to 23 vessels. The London-listed fund has picked up the 2016-built Alkaios and Archon from Evangelos Marinakis' Capital Ship Management, paying $73m. Both vessels have fixed-rate time charters for three to five years with commodity trading giant Trafigura. Tufton said it ...
  • Gulftainer hit with $21.5m fine in the US
    Gulftainer, a port management company from the United Arab Emirates, has been told by a court in the US it must pay $21.5m in damages in a long running case relating to its takeover of a port in Delaware. In 2018, GT USA Wilmington, a Gulftainer subsidiary, obtained the 50-year rights to operate the port ...
  • Well-Safe Solutions clinches $30m Neptune Energy decommissioning deal
    Aberdeen-headquartered decommissioning specialists Well-Safe Solutions has been awarded a contract by Neptune Energy for the jackup rig to plug and abandon at least four subsea and 21 platform wells in the Dutch and UK sectors of the North Sea. The one-year firm contract worth $30m also enables Neptune Energy to take up Well-Safe's decommissioning engineering ...
  • DP World wins latest judgement over Djibouti concession
    DP World has won the latest in a string of court rulings, as it defends its rights as shareholder and concessionaire in Djibouti's Doraleh Container Terminal. The Court of Appeal of Hong Kong has dismissed the latest request by China Merchants Port Holdings seeking permission to file a second appeal before the Court of Final ...
  • IUMI chews over complex issues at annual meet-up in Chicago
    Rising claims, inflation gnawing away at profitability, the war in Ukraine and the climate emergency were all addressed on the opening day of this year's International Union of Marine Insurance (IUMI) annual conference in Chicago. Addressing the 585 attendees president Richard Turner said: "The growing climate emergency, the rise of protectionism affecting international trade and ...
  • T7 Global seals mobile offshore production unit contract with Mubadala
    Malaysia's T7 Global has clinched a deal for the provision of a mobile offshore production unit in the Nong Yao field, in the southern Gulf of Thailand. The company's subsidiary Tanjung Offshore secured the contract worth around RM400m ($88.2m) from Busrakham G11, a Thai-based subsidiary of Mubadala Petroleum, under which it will be responsible for ...
  • UN ready to offload oil from decaying FSO off Yemen
    The United Nations has said it has raised enough money for the first phase operation to remove 1m barrels of oil from a decaying, stranded tanker lying five nautical miles off the coastline of war-torn Yemen. UN officials are now contacting all parties who have pledged to donate to fund the immense salvage operation of ...
  • Gram Car Carriers bags pair of long-term extensions
    Oslo-listed Gram Car Carriers has further boosted its contract backlog by having sealed a charter extension for two ships. The 6,700 ceu Viking Adventure and the 4,200 ceu Viking Coral have secured additional employment for five and two years, respectively, adding $135.1m of future revenue. The five-year extension for the 2015-built Viking Adventure comes at an average dayrate of ...
  • Typhoon damages ships under construction in China
    Typhoon Muifa, the greatest storm to hit the Yangtze River Delta on record, has resulted in damage to vessels under construction. The typhoon, which saw millions head to shelter last week, registered wind speeds of up to 215 kmh. Among facilities hit from the storm was Cosco Shipyard's Qidong yard where a floating production, storage ...
  • EuroDry lets go of vintage panamax
    Aristides Pittas-led EuroDry has offloaded an elderly panamax, getting $9.7m for the 2000-built . The vessel is expected to be delivered to its new unspecified owners next month. Pittas, chairman and CEO of EuroDry, commented: "This sale is part of our effort to focus on more modern, eco-built, fuel-efficient vessels." EuroDry expects to book a ...
  • New tech to develop green methanol unveiled
    WasteFuel, a developer of bio-refineries focused on converting municipal solid waste into low carbon fuels, has come up with a new way to create green methanol. Among the many investors in the American firm is Maersk, the containerline that to date has invested the most in methanol-powered boxships. The new WasteFuel Methanol Module is designed ...
  • TotalEnergies approves Fenix gas project off Argentina
    TotalEnergies has approved the final investment decision for the Fenix gas field, located 60 km off the coast of Tierra del Fuego in southern Argentina. The company expects to invest about $706m in the project. Through its Total

Lloyd's Listweb site
SEPTEMBER 20, 2022
  • The case against LNG now comes with an extreme $1trn warning
    The headline conclusion of a new report which values the potential stranded assets associated with LNG-fuelled ships at over $850bn...
  • Trafigura to research viability of hydrogen transport
    The energy-dense compound green ammonia can be pressurised into liquid form. It is touted as an economical way to store...
  • Third Russian oil shipment sails for Cuba
    Cuba is importing its third cargo of Russian crude in three months on three Sovcomflot-owned aframaxes
  • Concordia Maritime sells three more product tankers
    Company capitilises on a robust tanker market to accelerate amortisation of debt
  • Substantial Ukraine constructive total loss payouts avoided so far
    HFW lawyer believes some ships released under blue corridor scheme and others could follow suit in coming period
  • The week in charts: Capesize freight rates rally | Container spot rates decline | Vehicle carrier orderbook grows
    The newbuilding backlog of vehicle carriers hits 89 units. Elsewhere, capesize bulk carrier rates return to profitability, while container spot...
  • Anglo American's LNG-fuelled vessels undergo tests
    U-Ming Marine Transport will own the 190,000 dwt LNG-fuelled bulk carriers
  • Cleaves Securities upgrades tanker forecasts to highest since 2015
    New estimates for earnings, asset values and share prices as tanker recovery seen continuing into 2024
  • Container carriers look to capacity management to halt rates slide
    Demand levels are falling and more capacity is coming back in to the market. Carriers will need to increase blankings...
  • Clipper Group to exit ro-ro ferry business
    CLdN has been announced as the buyer of Seatruck Ferries, although the sale is subject to regulatory approval from the...
  • Maersk Product Tankers names Gronborg as chief executive
    Claus Gronborg, currently chief investment officer, will replace Christian Ingerslev as chief executive from October 1
  • The week in newbuildings: Grimaldi Group to sign major PCTC order
    Letter of intent has been signed with Chinese shipyard for up to 10 vessels with 9,000 car capacity. A contract...
  • Suez Canal Authority to raise transit tolls by 15%
    Operating authority cites high freight rates in many sectors and inflation as reasons for the transit fees increase
  • DP World wins latest judgment in Djibouti concession case
    Djibouti seized control of the Doraleh Container Terminal in 2018
  • Why Alfa Laval's move into digital is a calculated risk
    Few acquisitions of digital solutions by physical suppliers work, says Sameer Kalra
  • Performance Shipping agrees $18m loan for LR2 acquisition
    Loan backs 'timely' move into product sector for Greek aframax owner
  • EuroDry agrees sale of oldest bulker
    Proceeds from Pantelis sale will significantly boost the company's liquidity
  • Marine insurance premiums seeing healthy growth amid uncertainties
    Cefor actuary Astrid Seltmann tells the International Union of Marine Insurance conference that 2021 was positive for underwriters, but warns of...
  • Ocean hull outlook for 2022 is 'worrying'
    Overall capacity unchanged in most hull markets, although some fresh capacity added in the UK and Latin America last year...
  • IUMI to launch first strategic review in a decade
    'We will need to evolve to stay relevant to the sector we represent. So we decided to start having a...
  • KSOE wins orders worth $378m for eight vessels
    The containership order includes options for two additional vessels, taking potential orders up to six
  • Daily Briefing
    Clean tanker rates soaring on global refineries upheaval as Russia sanctions loom | Container spot rates continue headlong plunge |...

The Journal of Commerceweb site
SEPTEMBER 20, 2022
  • Tentative contract for LA-LB security guards averts disruption threat
    A tentative contract agreement between security guards represented by the International Longshore and Warehouse Union and employers in Los Angeles-Long Beach eliminates one possible source of cargo-handling disruption.
  • New CMA CGM service connects US Gulf with Mediterranean
    CMA CGM will deploy six vessels with an average capacity of 2,000 TEU on its new Medgulf loop between the ports of Houston and Miami and the Mediterranean.
  • Tentative contract for LA-LB security guard averts disruption threat
    A tentative contract agreement between security guards represented by the International Longshore and Warehouse Union and employers in Los Angeles-Long Beach eliminates one possible source of cargo-handling disruption.
  • Congestion propping up trans-Atlantic spot rates: analysts
    With prices on east-west routes out of Asia in freefall, high rate levels on the trans-Atlantic is encouraging carriers to shift capacity into the westbound trade, putting those rates under pressure.
  • FMC emergency order unnecessary despite 'severe' congestion: container lines
    A majority of respondents support the FMC emergency data sharing order, but container lines and other groups believe port congestion is improving and, therefore, does constitute an "emergency."
  • Lufthansa among investors funneling cash to TMS provider Cargobase
    A shift from a focus on freight procurement to international transportation management has yielded growth in several regions for transportation management software vendor Cargobase.
  • Hapag-Lloyd settles detention complaint from US trucker
    In the third detention and demurrage complaint against Hapag-Lloyd in the past year, Orange Avenue Express alleged the ocean carrier charged $258,000 in detention for containers that could not be returned due to port congestion.

TradeWindsweb site
SEPTEMBER 20, 2022
  • Capesize bulkers hit seven-week high as iron ore exports surge
    But smaller vessels see minimal spot-rate gains amid scarce fixture activity, brokers point out
  • HFW lawyer Richard Naylon is optimistic vessels trapped in Ukraine can find a way out
    Ships that have not got out on the back of the UN grain agreement may yet still escape
  • UN hits revised appeal target for 'time bomb' off Yemen
    Dutch government says work can begin on lightering oil from FSO Safer when governments pay up
  • Hot secondhand market drives up tanker prices
    Baltic index shows prices have risen 25% across the board in the last year
  • Marine insurers report premium growth as market hardens
    Insurers are benefitting from a strong US dollar and post-pandemic market rebound
  • Global Maritime Forum survey reflects growing concern over Ukraine war
    Decarbonisation remains key issue in survey which reflects the concerns of maritime leaders
  • DFDS aims to go all electric with new ferries using e-fuel powered generators
    Modular design, although more expensive, will allow generators to be switched out and advanced fuel cell technologies fitted instead as they become available
  • Could LNG-fuelled ships become 'stranded assets' in 2030 race for zero-carbon fuels?
    London's UCL Energy Institute research suggests shipowners should avoid ordering ships powered by natural gas - or assume a shorter vessel lifespan
  • Gronborg takes top job at Maersk Product Tankers
    Predecessor Christian M Ingerslev remains CEO of commercial manager Maersk Tankers
  • Amazon-backed Amogy teams with Trafigura to scale up ammonia cracking
    Tech and trading companies wants to support global market in hydrogen with ammonia as a carrier
  • New Fortress Energy plans to start up first FLNG unit by mid-2023
    Company invites investors and analysts to yard site to inspect progress on conversion of offshore assets
  • CLdN buys Seatruck Ferries from bulker owner Clipper Group
    Luxembourg-based ro-ro ferry operator acquiring Irish Sea operator for undisclosed sum as Danish group looks to focus finances on core bulker markets
  • 'Continued progress': Clarksons' Stephen Gordon logs 20% jump in OSV rates this year
    Researcher believes owners will enjoy even better utilisation and stronger earnings in coming months
  • Cheniere ramps up emissions monitoring for LNG carriers
    Emissions monitoring kit will be a requirement on the US liquefaction giant's burgeoning chartered fleet
  • Euronav plots suezmax newbuildings deal in South Korea
    Tanker giant resumes fleet renewal moves after agreeing merger with Frontline
  • Damen working on new installation ships ahead of huge floating wind expansion
    Dutch shipyard group teams with suppliers and vessel operators to design bigger, more efficient units
  • All 19 seafarers rescued as bitumen tanker sinks off India
    Indian Coast Guard swings into action after distress call from the Parth
  • Cleaves sees tanker rate records ahead as 600 extra MRs needed
    Huge demand impetus on clean and dirty side points to a lucrative winter for owners, investment bank says
  • UN hits revised appeal target for 'timebomb' off Yemen
    Dutch government says work can begin on lightering oil from FSO Safer when governments pay up
  • Ostergaard Rechnitzer details 'four pillars' of ESG for Uni-Tankers
    Co-owner of giant tanker and bunker group USTC unveils first sustainability report
  • UK shipping fund Tufton lines up $60m loan as Marinakis tanker swoop confirmed
    UK fund has chartered out MR pair to Trafigura
  • Private equity pumps $80m into freight platform Xeneta
    Norway start-up now said to be worth $265m following second fundraising in less than 15 months
  • 'Mind-boggling': Gram beats expectations as it locks in another $135m for car carriers
    Panamax rates reach elevated levels in booming market
  • Skuld's Hansen drums up profits as insurer celebrates 125 years
    Commercial and mutual business lines have started to chime for Norwegian club
  • Hyundai yards win $378m worth of container ship feeder and MR newbuilding orders
    Hyundai Mipo to build up to six feeder container ships while Hyundai Vietnam will construct four product carriers
  • Another vessel damaged at Cosco Shipyard by Typhoon Muifa
    BP floater latest vessel to feel the wrath of the strongest tropical cyclone to hit the Yangtze River Delta in a decade
  • Hong Kong's Chellaram adds two more ultramax bulker newbuildings to orderbook
    The company is renewing and expanding its fleet
  • EuroDry sells older panamax bulker amid slipping dry bulk prices
    Shipowner will have one other 2000-built panamax in its fleet once deal is completed

American Shipperweb site
SEPTEMBER 20, 2022
  • Red flag: Shipping lines suddenly a lot less interested in renting ships
    Container lines are pulling back fast from the ship-leasing market, signaling less confidence in future freight income.
  • Amazon dials back air cargo expansion as e-commerce sales slow
    Amazon is slowing down its air cargo expansion as online sales slow but putting more volume through its new Northern Kentucky hub.
  • Viewpoint: Trade is the harbinger of the supply chain - expect more labor strikes
    A decrease in shipment arrivals as a result of congestion delays is a byproduct of labor strife.
  • Selection nears for DHL Express' US West Coast air hub
    DHL is opening new package terminals at U.S. airports as demand keeps growing. The newest facility will be in Atlanta.

›››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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