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March 1, 2023

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Exim India web site
MARCH 1, 2023
  • Global Logistics Solutions launches feeder service linking Chennai & Pondicherry ports
  • Port of Antwerp-Bruges strengthens relations with India
  • Long-term ocean container freight rates stable in Feb.
  • Adani Agri Logistics incorporates wholly owned subsidiary PU Agri Logistics
  • ACAAI SRC hosts 'Airlines Night'
  • Cathay Cargo rebrands
  • SMP Kolkata adjudged Major Port of the Year (Containerised Cargo)
  • IMU & IIT-M ink MoU
  • Utilisation drives rates down - except Atlantic
  • AD Ports Group showcases future-proof innovation that reimagines trade
  • Digital FBL, the new generation FIATA Bill of Lading, to be launched in South Africa
  • Prof. Max Mejia to take over as new President of World Maritime University in June
  • Methanex & MOL complete first-ever net-zero voyage fuelled by bio-methanol
  • Non-petroleum exports to UAE up

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International Transport Journal web site
MARCH 1, 2023
  • A titan in the air
  • TFR and CFM to launch borderless train service
  • Boosting business in Barcelona
  • Office in Kazakhstan opened
  • MGI's new challenge for ports of the future
  • Sasha Goodman wins AfA award
  • Cathay Pacific Cargo rebrands as Cathay Cargo
  • New keel-laying ceremony at FSG
  • European network grows by 60%
  • Investing in core business and global operations
  • Champ Cargosystems now EU-ICS2 compliant
  • Ports of Indiana promotes Jody Peacock
  • 460 hp more for truck fleet
  • Regional warehouse added to logistics network
  • Port of Bilbao grows above the Spanish average
  • Thomas Reutter joins VNL's advisory board
  • Third month of the year, three old "Combi" jumbos
  • "Curiosity of the Day"

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The Loadstar web site
FEBRUARY 28, 2023
  • TPM23: it's 12 months on, and the tables have turned
  • Great Scott! A cold wind blows through Australia's logistics industry
  • Fiata urges carriers to lower D&D charges as lobbying begins at TPM23
  • Slower air cargo market reflected in demand for freighter conversions
  • Rumours mount over Rhenus takeover of Logwin 'network' business
  • Safetrans latest to join booming China-Russia box tradelane
  • Globalisation is over - 'slowbalisation' is the new reality
  • Straight from the horse's mouth - how to trade excess capacity
  • Capacity crunch mark two a possibility, says MSC chief Toft

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Marine Log web site
FEBRUARY 28, 2023
  • Vigor completes USS Chosin modernization
    Vigor has successfully completed a three-year modernization project on USS Chosin (CG 65) at its Harbor Island, Seattle, shipyard, sending the Ticonderoga-class guided-missile cruiser back to its homeport of Naval Station Everett.
  • VIDEO: Methanex and MOL complete bio-methanol fueled net-zero transatlantic voyage
    Vancouver, B.C., based Methanex Corporation and Mitsui O.S.K. Lines, Ltd. (MOL) report that the dual-fuel vessel Cajun Sun has successfully completed the first-ever net-zero voyage fueled by bio-methanol. The Cajun Sun, operated
  • Australia slaps 90-day port entry ban on MSC box ship
    In its most recent port entry ban, the Australian Maritime Safety Authority (AMSA) yesterday issued a refusal of access direction notice banning the Liberian-flagged containership MSC Kymea II from Australian ports for
  • Tidewater CEO: Offshore services recovery is here
    "As we look forward into 2023, we are confident that not only is the recovery here, but that the demand for offshore vessels will continue to strengthen throughout this year," said Quintin
  • HyZet tug design team hosts TTB panel next week
    Wrapping up Day 1 of Tugs, Towboats & Barges (TTB) 2023 on March 7 is a panel discussion with the members of the HyZet tug design team. Panelists include experts from Crowley

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Container News web site
FEBRUARY 28, 2023
  • CMA CGM announces updated rates from Indian Subcontinent, Middle East Gulf, Red Sea and Egypt to USEC and US Gulf
    French ocean carrier CMA CGM has announced updated freight rates from India, Pakistan, Sri Lanka, Middle East Gulf, the Red Sea and Egypt to the United States East Coast and the United States Gulf. According to the "rate restoration initiative", as CMA CGM has described it, from 24 March 2023, there will be the following update for all types of cargo: Quantum per 20': US$500 Quantum per 40': US$6
  • Maersk Supply Service extends long-term contract in Taiwan with Seaway7
    The cable lay vessel (CLV) Maersk Connector has been engaged to continue operations on behalf of Seaway7 until 31 December 2025. This comes after a successful first year of working on Seaway7 projects in Taiwan and the United Kingdom. According to Maersk Supply Service, in October 2021, the vessel began cable-laying supply for Seaway7, starting operating in the North Sea at the Seagreen Offshore
  • Argentinean taxation on waterways increases demand by port of Paranaguá
    The Argentinean waterway toll for ships on the Paraguay-Paraná Waterway between Confluencia Santa Fe and Paso Queso became effective in January 2023. The Argentine Ministry of Transportation authorised the US$1.47 charge per ton carried on the 1,180-km length of the canal in Resolution No. 1023/2022. The charge is intended to be used for dredging and signalling projects. According to the statemen
  • DACHSER strengthens its logistics centre in Bremen
    DACHSER has spent over US$8.5 million to expand the handling area of its logistics centre in Bremen, Germany to prepare the facility for potential growth in the future. The floor space is now around 3,300 m² and the extension building for the European Logistics business line now offers more space for handling industrial and consumer goods, according to the company. The additional floor space on Se
  • Thailand plans multi-billion-dollar infrastructure investment to boost economy
    Thailand is to invest around US$15 billion in transport infrastructure, including upgrades to its key container port, Laem Chabang, in order to boost economic growth. The Prime Minister's office said, "The Thai government is currently promoting several large-scale water transport projects, including an industrial port development project in the Eastern Economic Corridor (EEC) district." It is hop
  • ONE adds new service connecting UAE with Bahrain and Kuwait
    Ocean Network Express (ONE) announced the launch of a new service, connecting the United Arab Emirates (UAE) with Bahrain and Kuwait. With this new Upper Gulf Service (UGS), ONE aims to provide a faster, more efficient, and more stable connection from the transshipment hub of Jebel Ali in UAE to the two aforementioned countries. The port rotation of the new service will be as follows: Loop-A: Jeb
  • Asian liner SeaLead opens more India-centric connections amid growth expectations
    Niche Asian carrier SeaLead Shipping is consolidating its Indian network, driven by sustained trade growth expectations. The Singapore-based liner is set to commence an independent direct container service between Australia and India. The routing, known as ASIA, will have stops at Melbourne, Sydney, Brisbane, Port Kelang (West Port), Karachi, Mundra, Nhava Sheva, and Port Kelang (West Port). The
  • Seastock24 review: The Importance of Security in Trading Platforms
    As a way to invest in the stock market and other financial needs, internet trading has grown more prevalent in today's hyper-digital environment. The simplicity of use and accessibility offered by internet trading has enticed many traders, both novices and seasoned professionals. The online trading platform Seastock24 is a market leader and provides customers access to a comprehensive selection o
  • FCFmarkets.com review: FCFmarkets Trading Platforms and How It Work
    Regarding online trading platforms, FCFmarkets is at the top of the heap, giving investors access to the global financial markets. Whether you're a seasoned pro or just getting your feet wet, FCFmarkets has the trading tools and features you need to thrive in today's fast-paced online trading environment. This piece will explain what FCFmarkets is and how it works. Internet-Based Exchanges - FCFm
  • Economypair.com review: 5 Tips For Choosing a Trading Platform in 2023
    Users of a trustworthy trading platform, such as EconomyPair , should have access to timely and friendly assistance by email, phone, or live chat. When searching for a platform to use for trading online, it is a good idea to seek one that offers educational resources, such as tutorials and webinars, to assist you in gaining a better understanding of the trading process. Investing and building mon
  • WEC Lines upgrades Liverpool services
    Dutch shipping firm WEC Lines has expanded its existing service into the Port of Liverpool with a new series of weekly calls into the port from Northern Spain, Portugal, North Africa and the Canary Islands. The weekly services are in addition to the existing Portuguese and Spanish routes operating at the British port since 2019. The new direct weekly services began this month from Bilbao, Vigo, a
  • Health and safety in the workplace as the world warms up
    In the height of summer, unforeseen issues can crop up in the workplace. From feeling hot and bothered in the office to more severe issues like dehydration or heat exhaustion, it's important to make sure that your employees have all the facilities they need to work comfortably during the summer. It's just as important for workers to take the initiative to look after themselves too. Here are a few
  • Safety considerations when working on remote construction sites
    Remote work is something the world has grown more accustomed to in the wake of the pandemic but for construction workers, remote construction sites (sometimes in the middle of nowhere) have always been a part of the job. On these sites, where workers might not be familiar with their surroundings, safety is vital. The construction sector is one of the most dangerous in the world so all considerati
  • Maersk relaunches Oceania service
    Maersk announced the restart of its Polaris service to assist to minimise customer impact from the current operational disruption in New Zealand. Starting with the 1,762 TEU boxship Trieste Trader, which is expected to call Port Nelson in New Zealand on 19 March, the dedicated service between Australia and New Zealand will be reintroduced aiming to improve cargo connections within Oceania. The po
  • Australia bans fifth MSC vessel in 2023
    The Australian Maritime Safety Authority (AMSA) issued a refusal of access direction notice the Liberian-flagged container ship MSC Kymea II from Australian ports for 90 days. In particular, AMSA issued the notice following months of sub-standard performance from the ship's operator, MSC Shipmanagement Ltd, including critical maintenance issues. Moreover, AMSA has detained nine MSC ships over the
  • APM Terminals Algeciras sets new productivity record
    APM Terminals Algeciras completed operations on the vessel Mayview Maersk with a Productive Moves Per Hour (PMPH) of 201.63, breaking the terminal's previous record of 200 PMPH. This record was achieved by eight operating ship-to-shore (STS) cranes and during a port stay of 14.51 hours, compared to the target of 18.52. "We are extremely proud to be joining the «200 PMPH club» and by doing so, wri
  • Mawani and Jeddah Chamber sign US$270 million deal for new logistics park
    The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry signed an agreement to set up an integrated logistics park at Al Khumrah in the south of Jeddah, Saudi Arabia. The park is expected to create over 10,000 direct and indirect job opportunities in the logistics sector while strengthening Jeddah Islamic Port's pivotal position as a major maritime hub delivering top-tier s
  • CMA CGM revises West Africa network
    CMA CGM announced a reshuffle of its West Africa services, according to which EURAF 3 service will be discontinued, WAZZAN will deploy a full fleet of 1,700 TEU nominal capacity, and a dedicated Central Range Feeder will serve Monrovia (Liberia), San Pedro (Ivory Coast), and Takoradi (Ghana) through Abidjan (Ivory Coast) on a weekly basis. Meanwhile, the new weekly North Range Feeder will offer B

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Splash web site
FEBRUARY 28, 2023
  • Golar LNG sells out of CoolCo
    Tor Olav Trøim's Golar LNG has sold just under 4.5m shares in spin-off Cool Company (CoolCo) for around $56m and now has only one share left in the LNG shipowner. Golar LNG started its exit from CoolCo last year by selling 8m shares in November, raising net proceeds of $98m. In a filing to the ...
  • Maersk Supply Service seals cable layer contract extension with Seaway 7
    Danish offshore contractor and shipowner Maersk Supply Service has secured a long-term charter extension with Subsea 7's Oslo-listed offshore wind specialist Seaway 7 for the cable laying vessel . The 2016-built vessel has been engaged to continue operations on behalf of Seaway 7 until the end of December 2025, following successful campaigns in Taiwan and ...
  • AET teams with Petronas trading arm for green ammonia-fuelled aframax tanker
    AET, the tanker arm of Malaysia's top shipping line MISC, has hooked up with Petronas' Petco Trading Labuan Company Ltd (PTLCL) to explore the potential deployment of a zero-emission aframax tanker that will be capable of running on green ammonia. The two companies have signed a memorandum of understanding, which is said to represent another ...
  • Boskalis clinches Moray West contract
    Dutch marine services provider Boskalis has secured an up to €150m ($159m) contract for Scotland's 882 MW Moray West offshore wind farm. The deal covers "a large number of the activities" in the coming 12 months. The company has already carried out an offshore geophysical site survey that also included a survey for the identification ...
  • Imabari debuts low-carbon steel plate
    Shipbuilding is entering a new green phase with Japan's top yard debuting a low-carbon steel plate it will use in the construction of a 180,000 dwt capesize. Imabari Shipbuilding announced yesterday that Kobe Steel has started selling a low-carbon steel which it will use for a cape due for delivery next year to an unspecified ...
  • Yinson Production lands $5.3bn FPSO deal in Angola
    Singapore-based Yinson Production, part of the Malaysian Yinson Group, has sealed a $5.3bn contract with Azule Energy for the provision, operation and maintenance of a floating, production, storage and offloading asset for the Agogo Integrated West Hub development offshore Angola. The contract with the BP and Eni joint venture has a firm period of 15 ...
  • Hapag-Lloyd taps Shell for LNG supplies
    Shell and German carrier Hapag-Lloyd have signed a multi-year agreement for the supply of liquefied natural gas (LNG) to a series of 23,500 teu container vessels under construction. Bunkering for these 12 new vessels is expected to commence during the second half of 2023 and LNG will be supplied in the Port of Rotterdam. The ...
  • New capacity enters 'thriving' Russian container sector
    While much has been written about how oil, gas, coal and grain trades have changed in the year since Russia invaded Ukraine, there has been little spotlight on the container sector. Within weeks of the first shots being fired in eastern Europe most global liners announced they were pulling out of the Russian market, with ...
  • Five MSC ships detained in Australia in first two months of 2023
    The Australian Maritime Safety Authority (AMSA) has issued a refusal of access direction notice the Liberian-flagged 1,732 teu containership from Australian ports for 90 days. AMSA issued the notice following months of "sub-standard performance" from the ship's operator, MSC Shipmanagement (MSC), including critical maintenance issues. AMSA has detained nine MSC ships over the past two ...
  • Net-zero voyage across the Atlantic completed using bio-methanol
    Methanex Corporation and Mitsui OSK Lines (MOL) have completed the first-ever net-zero voyage fuelled by bio-methanol. The Cajun Sun, operated by Methanex's subsidiary Waterfront Shipping and chartered from MOL, departed from Geismar in the US on January 17 and arrived in Antwerp, Belgium on February 4. By blending ISCC-certified bio-methanol that has negative carbon intensity ...
  • Belships moves for Japanese ultramax resales
    Oslo-listed Belships has pounced for three ultramax resales lined up at Japanese yards, which will take its fleet to 34 ships. The 64,000 dwt trio are scheduled for delivery in Q4 2024, Q4 2025 and Q1 2026. The vessels are fully financed through time charter lease agreements, each for a period of seven up to ...
  • Hornbeck Offshore to acquire six OSVs from Edison Chouest
    Louisiana-based Hornbeck Offshore Services has entered into a definitive vessel purchase agreement with Nautical Solutions, an affiliate of Edison Chouest Offshore, to acquire six high-spec new-generation offshore supply vessels for an undisclosed amount of cash. Each of the vessels will be US-flagged, Jones Act-qualified, 280 class DP-2 OSVs with capacities of approximately 4,750 DWT. Based ...
  • Industrial improvement in China amid global recession
    Jeffrey Landsberg from Commodore Research has good news from China for dry bulk owners. As we have been stressing in our weekly dry bulk reports, China has finally seen its steel output and thermal coal burn revert back to experiencing year-on-year growth. Previously, steel output and thermal coal burn had each not experienced year-on-year growth ...

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Lloyd's List web site
FEBRUARY 28, 2023
  • CMA CGM seeks to repair customer relationships
    Container lines bore the brunt of complaints during the pandemic. While much of that was unjustified, they now need to...
  • Hapag-Lloyd agrees LNG supply deal with Shell for 12 new vessels
    Multi-year agreement signed with Shell Western LNG for supply of liquefied natural gas to Hapag-Lloyd's new series of 23,500 teu...
  • Frontline chief says Euronav deal 'firmly off the table' - for now
    'There could be a scenario in the future when discussions come up again,' says chief executive Lars Barstad, but for...
  • VLCC market softens as China's demand for US crude stays flat
    Static demand has driven down time charter equivalent rates on the US Gulf to China trades to $45,000 per day...
  • Cyprus president names new shipping deputy minister
    Ms Hadjimanolis will be one of six women in new cabinet sworn in on March 1
  • Hafnia expects a very strong product tanker market
    Company says the addition of 36 secondhand tankers during the past year helped it to take full advantage of the...
  • Yangzijiang Shipbuilding outlook seen as 'positive', backed up by order wins
    The Singapore-listed Chinese shipbuilder is considered by observers to be able to achieve a $3bn order-winning target set for this...
  • Russian diesel trading $25 below price cap
    European buyers will have to pay a wide premium for non-Russian diesel on the back of longer voyages and changing...
  • Frontline's best quarter since 2008 hints at 'things to come'
    Fourth quarter 'may have given us a preview of the years to come in the tanker market', says chief executive...
  • Boxship charter rates flatline
    A South Korean liner operator has concluded the first charter deal for a post-panamax boxship in four months
  • Regulatory delay is holding back vital seafarer training
    New training courses are expensive to develop and take many years to introduce, a factor to be considered given the...
  • Global trade impacted by slowing growth, but 'deep' downturn not likely
    Global trade is being helped by decongestion of supply chains but impaired by slowing growth, according to Dr Nariman Behravesh
  • Lines urged to do more to remove capacity
    Capacity is far outstripping demand and is set to become worse. Carriers need to take more effective steps to reduce...
  • MSC chief targets redelivery of up to 60 chartered ships
    While capacity will increase by about 7%-10% in the next few years, CII will absorb about the same amount, says...
  • Daily Briefing
    Insurance details on sanctioned Russian tankers remain unclear | Euronav campaign urges shareholders to vote against CMB | Bangladeshi ship...
  • Australia bans poorly maintained MSC boxship for 90 days
    Out of the nine MSC ships detained by AMSA over the past two years, five were seized in 2023, with...
  • MOL completes first net zero voyage fuelled by bio-methanol
    Methanex, Waterfront Shipping and MOL, together with other key partners, jointly built the world's first ocean-going methanol dual-fuel tanker Taranaki...
  • Sembcorp Marine narrows net loss by 78%
    Renewable wind energy and other cleaner and greener solutions account for 37% of the group's net orderbook
  • Great power rivalries threaten to slow globalisation
    After a long period of 'benign globalisation', the world is trending towards 'slowbalisation'. A total decoupling from China is impossible...

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The Journal of Commerce web site
FEBRUARY 28, 2023
  • TPM23: Post-COVID China sourcing shift 'definitely on': CMA CGM
    While the supply chain has mostly healed from COVID-19, the pandemic revealed the risk of relying too much on China for product sourcing, CMA CGM's new US president told TPM23.
  • TPM23: Sustainability should be collective, not competitive: ONE's Nixon
    The container shipping industry needs to collaborate in finding alternatives to fossil fuels rather than each player following their own path, ONE CEO Jeremy Nixon told TPM23.
  • TPM23: Flexport's new CEO puts focus on building 'next-generation' tech
    Flexport, the polarizing digital forwarder, will double down on technology development during a lull in global trade, new CEO Dave Clark said at TPM23.
  • SC Ports turns to TRAC, Flexi-Van to help launch chassis pool
    The South Carolina Ports Authority will be able to launch its proprietary chassis pool as scheduled in March thanks to a last-minute agreement to secure 5,000 chassis from two major equipment providers.
  • TPM23: MSC putting ocean shipping first after ending 2M Alliance: Toft
    MSC's chief executive told TPM23 that the company's hefty orderbook signals to customers that the carrier remains chiefly committed to ocean shipping, rather than selling an integrated supply chain service.

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TradeWinds web site
FEBRUARY 28, 2023
  • How will Tidewater spend $900m? 'I'm not interested in adding vessels'
    Consolidation may not be on the table, but dividends and buybacks likely are off the table as offshore vessel owner decides what to do with its
  • Dry futures market comes back from the abyss for 'monster' rally
    But the spot market still needs to catch up and there has been little news to bolster sentiment, market watchers say
  • Tidewater expects revenue to skyrocket in 2023 as fundamentals improve
    Offshore vessel giant expects to bring in $900m come year's end
  • New Fortress Energy targeting first FLNG production in July
    Company hints at move into modular power units
  • Norwegian Cruise Line expects full occupancy in 2023 while losses continue
    New York-listed cruise ship owner plans to offer trips on three new ships this year
  • Offshore acquisition financing costs drag American Shipping Co profits
    Oslo-listed company's bottom line falls slightly after taking on offshore construction vessel
  • Never say never: Frontline's Barstad not ruling out Euronav deal in future
    But CEO says combination is firmly off the table for now amid arbitration
  • Golar LNG bags 2025-delivery yard slot for next-up FLNG conversion job
    Market rife with speculation as to which secondhand Moss LNG carrier company is buying
  • Colleagues 'shattered' as well-loved broker and family man Chris Vasilas dies at 63
    Representing European Product Carriers in the US for more than three decades, shipping professional is remembered as a friend to colleagues and for business acumen
  • New VLCCs a nuisance for clean tankers but small orderbook limits impact, BRS says
    Big tankers lifting product cargoes is now back in vogue, according to broker
  • Spend your billions wisely - AlixPartners warns liner sector
    Operators are sitting on $42bn in cash and enjoy a wide range of strategic options
  • Hapag-Lloyd signs up with Shell to fuel giant newbuilds with LNG
    Energy major will supply 23,500-teu container ships in Rotterdam
  • International Seaways reports best-ever earnings as rates climb
    Tanker owner says China and Russia impacts set to continue earnings momentum
  • Probe begins as two seafarers found dead on Greek bulker
    Discovery was made on kamsarmax Caravos Harmony off Brazil
  • Excelerate Energy buys first LNG volumes in deal with US producer
    Regasification specialist unveils sales and purchase agreement with fast-growing Venture Global LNG
  • Golar LNG raises $572m by cashing in CoolCo and New Fortress stocks
    Company poised to pay $78m to buy Moss-type LNG carrier for conversion into FLNG unit
  • Golar raises $572m by cashing in CoolCo and New Fortress stocks
    Company poised to pay $78m to buy Moss-type LNG carrier for conversion into FLNG unit
  • Japan's NS United and Iino Lines appoint new presidents
    Changing of the guard at Japanese giants
  • Regional Container Lines boosts bottom line with five vessel sales
    Thai operators warns of higher costs as rates return to pre-Covid levels
  • 'Massive' uptick in VLCC trade from US to China in March, say Kpler
    Fixtures indicate opportunistic trades by China buyers as world's largest importer emerges from Covid shadow
  • Euronav's De Stoop says Saverys family may regret its decision to take CMB private
    Tanker executive says major shareholder's diversification strategy is not suitable for a listed company
  • CoolCo eyes 10-year-plus deals on its LNG newbuilding options
    Company talks charter opportunities for next open tri-fuel diesel-electric LNG carriers
  • Continental disputes claims made by Euroseas over cancelled charter
    Singapore liner company says it was compelled to cancel after container ship went into dry dock and never came out
  • Frontline says asset values stronger than earnings as it confirms tanker sales
    Oslo-listed shipowner using disposal cash to pay off debt
  • Petrovietnam gives its only VLGC the heave-ho onto ship recyclers
    The Viet Gas 68 along with a bulker and three old reefers were the only vessels reported sold for scrap over the past week
  • VLCC shock: rates heading for boom-and-bust cycle - and it's bust first
    Boom could be some way off as tonnage imbalance threatens recovery, BRS says
  • BW LPG sells veteran as it adds nine ships to pool in deals with Exmar and Vitol
    Singapore owner also declares purchase options for two more modern leased vessels
  • Atlas cashes in on yet another pair of aframax newbuildings
    Greek company is believed to be repeating juicy asset play, in a second deal with Libya's GNMTC
  • Bimco: Tanker market set for 15-year high with China rebound
    Environmental changes, Russia-related trade reshuffle and the return of China are seen as factors in the revival
  • Continental disputes claims made by Euroseas over cancelled container ship charter
    Singapore-based liner company says it was compelled to cancel after vessel went into drydock and never came out
  • Australia bans 'substandard' MSC container ship for 90 days
    Inspectors identified critical maintenance issues
  • Singapore's High Court to auction disabled Chinese livestock carrier
    Both of Soar Harmony Shipping's cattle transporters are now in the process of judicial sales
  • Belships back in Japan for more ultramax bulker tonnage
    Norwegian shipowner says it has been able to increase its fleet without investing any cash
  • MPC Container Ships waves goodbye to record returns
    Oslo-listed company expects earnings to dip this year by nearly 20%
  • Fleet acquisitions paying off for tanker giant Hafnia in record year
    Vessels added from Chemical Tankers Inc and Scorpio Tankers boosted earnings by more than $190m in 2022
  • CoolCo expects to bag long-term charters for two planned LNG newbuilding buys
    CEO says the recent sale of a 10-year-old ship from the company's fleet highlights repricing of the LNG carrier market
  • Avance Gas 'optimistic' as VLGCs enjoy best markets for seven years
    Potential oversupply of ships due to newbuildings may only be temporary, Norwegian owner believes
  • New Cyprus president entrusts shipping to close aide Glykis-Hadjimanolis
    Limassol lawyer will have a delicate task in steering Cyprus shipping in rough international waters
  • Imabari Shipbuilding to use low-carbon steel to build capesize bulker
    Steel will be supplied by Kobelco in first for shipping
  • Frontline says assets values stronger than earnings as it confirms tanker sales
    Oslo-listed owner using disposal cash to pay off debt
  • 'A taste of things to come': Frontline posts strongest profit since 2008
    Boss Lars Barstad bullish as aframax/LR ships climb further from all-time highs and suezmax rates soar
  • European LNG rise will not cover Russian pipeline gas cuts in 2023
    Data analyst Kpler says 2023 could prove to be a 'year of two halves' as competition hots up for Asia cargoes
  • Samudera Shipping to pay out bumper dividend as profit soars
    Indonesian shipowner makes the most of demand for shipping services outpacing supply, but warns of softer markets ahead
  • Petrovietnam gives its only VLGC the heave-ho onto recyclers
    Viet Gas 68, along with a bulker and three old reefers were the only ships reported sold for scrap over the past week
  • Belships back in Japan for more ultramax tonnage
    Norwegian shipowner says it has been able to increase its fleet without investing any cash
  • Inside Chellaram Shipping's 45th anniversary party in Singapore
    Bulk carrier owner tells TradeWinds decarbonisation is its main priority as it actively examines all options under development
  • Ridgebury tied to tanker sale at nearly double the price paid in 2020
    Chief executive says tanker 'not sold' despite reports and secondhand suezmaxes continue to fly off the shelves

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American Shipper web site
FEBRUARY 28, 2023
  • Exporters raise concerns about ocean carrier market power
    Despite lower demand for transportation, repealing the ocean carriers' antitrust immunity is still in play on Capitol Hill.
  • Cargo airline Amerijet pulls plug on freight forwarding unit
    Freighter operator Amerijet is rationalizing its business by terminating a south Florida air and ocean logistics business it owns.

››› File
FROM THE HOME PAGE
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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