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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
23:41 GMT+1
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BRIEFS
March 24, 2022
Exim Indiaweb site
  • FFFAI hosting Executive Committee meeting in Dubai coinciding with World Expo 2020
  • Prime Minister lauds achievement of $400 bn goods export target ahead of schedule
  • APSEZ crosses 300 MMT in throughput
  • CMA CGM & Electrolux make significant move toward sustainable shipping
  • US FMC to evaluate how shipping lines serve exporters
  • Steps being taken to increase rail freight to Bangladesh & Nepal: Minister
  • Insecurity in the supply chain & how to manage it
  • You ask.. We answer...
  • India's largest dredger to be built in the country
  • India to import 6-6.5 lt potash annually from Israel
  • Productivity Norms for new cargo as per Berthing Policy

International Transport Journalweb site
  • Road-based supply chains would benefit most
  • An investment of USD 23 billion?
  • More Californian container handling
  • Re-elected president to strengthen leadership
  • Haulier to receive access to Class 8 e-trucks
  • Add-ons to huge Nordic logistics centre
  • Third Ceiv Pharma certification
  • Eric Green's leadership at Jaxport is paying off
  • Rieck's new logistics hub to open in August
  • From old to new
  • UK-Cherbourg link in the making
  • DHL Express: more than 800 million litres of SAF
  • Takeover in Hong Kong
  • Maximum toll is legal
  • "Curiosity of the Day"
  • Vancouver airport finds new partner
  • TCS Worldwide now offers charter solutions
  • The Bahamas go for South Korea

The Loadstarweb site
MARCH 23, 2022
  • War and 'lack of trust' keeping shippers wary of long-term contracts
  • Maersk vessel loses containers in North Pacific
  • ONE plans to invest $20bn in new box ships and terminals by 2030
  • EV Cargo expands its Euro footprint with takeover of Fast Forward Freight
  • P&O crew sacking 'looks criminal', says UK PM Johnson. 'We shall act'
  • A tech solution to smooth post-Brexit friction at UK borders
  • Charterers not fazed by war or lower rates as hunt for tonnage continues
  • Union and management agree to arbitration in CP Rail T&C dispute
  • Ocean Shipping Reform Bill headed for Senate vote
  • Subcontractors vent their anger over poor FedEx Ground efficiency

Marine Logweb site
MARCH 23, 2022
  • Marlink cybersecurity solution gains ClassNK Innovation Endorsement
    ClassNK has granted its Innovation Endorsement for Products & Solutions to Marlink's CyberGuard Threat Detection, a service for detecting cybersecurity threats to help shipowners protect against attacks on IT and OT networks.
  • Inmarsat signs digital ecosystem agreement with Norwind
    Mobile satcom leader Inmarsat has reached an integrated connectivity agreement with Ålesund, Norway, headquartered Norwind Offshore AS. Established by owners with a long history of offshore and maritime experience, Norwind supports the
  • Sembcorp Marine to build WTIV for mystery buyer
    Singapore's Sembcorp Marine has booked an order to build a wind turbine installation vessel (WTIV). It has not disclosed the customer, nor the price, but says delivery is slated for early 2025.

Lloyd's Listweb site
MARCH 23, 2022
  • New members for Lloyd's List Editorial Board
    Set up four years ago to provide oversight and ensure Lloyd's List remains the most trusted and authoritative provider of...
  • 'Looks like P&O Ferries broke the law,' says UK prime minister
    Chief executive of P&O Ferries issues a public apology for the mass sacking of almost 800 UK-based crew as Boris Johnson...
  • Sixteen-year-old boxship sold for $109.5m
    Container liner operators are continuing to mop up secondhand ships from non-operating owners while charter rates remain at historically high...
  • Cyprus urges expansion of Mediterranean inspection regime
    Among EU Mediterranean countries only Cyprus and Malta belong to both MOUs
  • Shippers face supply chain chaos amid China lockdown and US port issues
    China export trade faces delays due to slower trucking and port services. Shippers are already moving cargo to the US...
  • Stranded VLCC refloated in Qingdao
    A small amount of oil leaked into the port waters from the broken cargo loading arm. No other casualty has...
  • Ships leaving Russian ports down 35% since start of invasion
    The number of vessels leaving Russia for international ports has tumbled in the weeks following its attack on Ukraine, an...
  • Beazley handles $22m claim for bulker hit by missile off Ukraine
    War risk rates for southern Russian ports are broadly stable
  • Capesize bulker and panamax tanker head for breakers
    British shipowner sells an 18-year-old panamax tanker for scrap, while a Chinese capesize bulker is also on the block
  • ONE outlines growth strategy with $20bn investment plan
    Fleet renewal scheme will help the Singapore-based carrier reduce its reliance on vessels supplied by the parent companies and will...
  • Sembcorp Marine wins contract to construct wind turbine vessel
    Sembcorp is expanding its contributions to a more sustainable and greener future, according to chief executive Wong Weng Sun
  • Hyundai Heavy issues $300m bond to fund green vessels
    Hyundai Heavy's fundraising was keenly supported by foreign investors despite geopolitical tensions and the US Fed's rate hike last week
  • Shipping reform bill gets US committee approval
    'These ocean shipping companies are making record profits,' the head of the committee said. 'They have made $150bn in profits...
  • Daily Briefing
    Hull and fixed premium offerings taking clubs beyond P&I | London 'losing ground' as leading marine insurance centre | Sanctions-busting...

The Journal of Commerceweb site
MARCH 23, 2022
  • US truckload capacity seen rising 'on margins'
  • New capacity leaves Middle East ports underutilized
  • Post-CNY spot rate drop lags recent years: ONE's Nixon
  • Norfolk Southern Jacksonville terminal disrupted again after crane fire
  • Already-stressed Colombo port flow hit by truck capacity shortages

TradeWindsweb site
MARCH 23, 2022
  • Nickel price hike hits stainless-steel tanker and gas carrier newbuildings
  • Hoegh Autoliners fined $5.4m in Brazil after multi-year antitrust investigation
  • Seabulk Tankers sues after crash on Galveston Ship Channel
  • Fears grow for more than 1,000 seafarers trapped off Ukraine
  • Del Rio's son to lead marketing for Norwegian Cruise Line's Oceania brand
  • Maria Angelicoussis trying to 'hone in' on her late father's instincts
  • Maria Angelicoussis: 'We won't be lifting Russian cargoes'
  • Swiss Re's Kern urges insurers to stop the greenwashing and start counting emissions
  • Hafnia beefs up pools staff as director heads to Singapore
  • Fortescue buys PSV for green ammonia conversion
  • Fury as P&O reveals £36.5m crew payout to 'avoid administration'
  • Odfjell to pay dividends after four-year hiatus as bosses handed stock
  • Doubt cast on scrap prices breaching $700 as tankers keep trading
  • D'Amico linked to another old MR sale as it finalises fleet renewal
  • War crimes: Human Rights at Sea returns from Ukraine after fact-finding trip
  • Nightmare on the Dover Straits as P&O shocks with 'brutal' job cuts
  • Sembcorp Marine bags breakthrough WTIV newbuilding contract
  • D'Amico linked to another old MR sale as it finalises fleet renewal
  • War crimes: Human Rights at Sea returns from Ukraine after fact-finding trip
  • Nightmare on the Dover Straits as P&O shocks with 'brutal' job cuts
  • Sembcorp Marine bags breakthrough WTIV newbuilding contract

American Shipperweb site
MARCH 23, 2022
  • Why Russia-Ukraine war has not ignited crude tanker rates (yet)
    Cost of shipping crude oil remains cheap, but tanker rates could jump if the war doesn't end by fall.
  • DHL swallows beverage logistics specialist J.F. Hillebrand
    If imported adult beverages are your thing, there's a good chance DHL or J.F. Hillebrand took care of the shipping.

The Bunker Bulletinweb site
MARCH 23, 2022
  • USAC Colonial Pipeline differentials down 5 cents on day as summer transition nears
    RBOB fell 5.25 cents to futures minus 20.50 cents/gal.
  • Crude rallies as market eyes new sanctions on Russia, US crude draw
    Total US commercial crude stocks fell 2.51 million barrels.
  • Suez Canal to raise crude tanker tariffs May 1 following freight hikes
    Ballast crude tankers will see a 5% rise in transit fees, the canal authority said on its website March 22. The decision followed the "significant growth in global trade, the improvement of ships' economics" and the enhanced transit services, the canal authority said.
  • CHINA DATA: Jan-Feb fuel oil exports up 64% on year to 5.03 mil mt
    Most of the exports were fuel oil sold in the bonded bunker market, industry sources said.
  • EC proposes 80% minimum gas storage obligation by Nov. 1, 2022
    Low stock levels across Europe and the need to refill them over the coming summer have contributed to record high gas prices.
  • Crude loading at Caspian CPC sea terminal fully suspended: operator
    Earlier this week, CPC reported storm damage to loading facilities at the Russian port of Novorossiisk. The network shipped 1.5 million b/d in February, the majority of which was produced in Kazakhstan but also included some Russian volume.
  • OIL FUTURES: Crude higher on supply concerns, supportive API data
    Pressure was likely to mount on Saudi Arabia and other OPEC+ oil producers to step up production, Commerzbank analyst Carsten Fritsch said in a note.
  • Vitol takes 50% stake in UK hydrogen station producer ITM Motive
    Under the agreement, ITM Power will be preferred supplier for up to 240 MW of electrolysis equipment to Motive, while Vitol will provide up to 240 MW of renewable power to the network of refueling stations.
  • RUSSIA DATA: Feb fuel oil exports up 2.5% on year at 2.785 mil mt
    Russia's domestic fuel oil deliveries totaled 609,145 mt in February, down 17.5% year on year and down 12.8% from January levels.
  • Oil traders warn of $200/b plus price spike as Ukraine crisis unnerves markets
    As the EU considers a phase-out of Russian fossil fuel imports to the region and calls grow for sanctions on Moscow's oil and gas, the stage is set for a major supply gap in Europe over the coming years.
  • Zhoushan ex-wharf-delivered MF 0.5%S bunker spread widens on tight delivered market
    Zhoushan bunker suppliers have capped the volume they are offering to shipowners as suppliers are unable to secure the requisite amount of money needed for cargo procurement, with marine fuel prices having surged in line with international crude markers.
  • Japan Apr-Sep MF 0.5% bunker differential discussions at similar level to previous cycle
    The Japanese bunker market sees sales of around 300,000 mt/month, with little fluctuation in volumes due to barge and terminal loading limitations.
  • FUJAIRAH DATA: Oil product stocks drop to two-week low as heavy distillates dip
    Heavy distillates used as fuel oil for power generation and for marine bunkers dropped 6.2% in the week to March 21, to 10.126 million barrels, a three-week low.

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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