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