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31 July 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
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
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