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05 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
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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