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24 April 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
June 1, 2023

free news
Exim India web site
JUNE 1, 2023
  • Allcargo Logistics delivers resilient performance amidst macroeconomic uncertainty
  • Nhava Sheva Distribution Terminal & Ganesh Benzoplast partner for liquid cargo terminal at Jawaharlal Nehru Port
  • YOU ASK.. WE ANSWER...
  • Record handling of iron ore in a single day at DPA
  • APSEZ has a stellar fiscal
  • DP World Cochin launches new weekly service to further strengthen trade between India & the Middle East
  • IRS named Classification Society of the Year
  • Services exports seen above goods exports by FY28
  • China to build logistics complex at Colombo port
  • Recession in Germany could impact Indian exports

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International Transport Journal web site
JUNE 1, 2023
  • Optimus Prime & Co
  • Direct deliveries from ships to inland terminals
  • Ports point to revival of world trade
  • Transmitting know-how in Bahrain and New Zealand
  • Quantron launches subsidiary in Italy
  • Automotive competence centre in Mexico
  • Huge fruit juice tanks fit on one vessel
  • Shipsy growing in Africa
  • Ermewa expands presence in Europe
  • 180 picks per hour
  • Investment in DP World's Constanta terminal
  • MIS Marine welcomes Robert Kessler
  • Natilus picks Zeroavia
  • IoT technology for train corridor
  • Duisburger Hafen: a change on the board
  • SC Ports: cargo volumes on the rise
  • "Curiosity of the Day"
  • A logistics park for the Rhine-Neckar region
  • ATC and Viva Aerobus start partnership this month

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The Loadstar web site
MAY 31, 2023
  • Major box lines still fighting over diminishing supply of smaller ships
  • Electric trucks alone won't plug hauliers into EU green agenda
  • The vertical challenge in logistics - Marseille vs Copenhagen (Berlin wins?)
  • Congress mulls raft of supply chain bills - but one is missing, say BCOs
  • Evergreen and Wan Hai face up to bearish market as profits tumble
  • Relief for airlines as SAF supply could meet mandated demand
  • Bitter airline battle over carrying US mail heats up in the Pacific

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Marine Log web site
MAY 31, 2023
  • MetalCraft Marine wins $31 million USCG Interceptor contract
    MetalCraft Marine Inc. (MCM) has been awarded a $31 million contract from the U.S. Coast Guard (USCG) as part of its Long-Range Interceptor (LRI) III program. This is the second contract MCM
  • VIDEO: ABB unveils new Dynafin propulsion concept
    ABB has unveiled a new electric propulsion concept called ABB Dynafin. Inspired by the dynamic motions of a whale's tail, it promises to reduce propulsion energy consumption by up to 22% compared
  • Ship Repair USA: Using a marine chemist as a third-party inspector
    Shipyards are full of hazards, as are many other industries. While shipyard and repair operators are aware of this fact, what some may overlook is the importance of consulting with a certified
  • New Orleans Steamboat Company charged with CWA violation
    According to the U.S. Attorney's Office for the Eastern District of Louisiana, New Orleans Steamboat Company (NOSC), was charged on May 26, 2023, with violating the Clean Water Act (CWA) in connection
  • FMD signs exclusive agreement to deploy secure LiFi connectivity
    Beloit, Wis., based Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, is giving its customers in the U.S. defense industry access to LiFi, an ultra-secure mobile wireless technology that
  • Davie Shipbuilding completes STQ ferry repair
    Lévis, Quebec, based Davie Shipbuilding Canada Inc. has redelivered the Société des traversiers du Québec (STQ) ferry MV Félix-Antoine-Savard after repairs that required over 30,000 hours of work, and the replacement of
  • Port of Seattle commissions third shore power system at Pier 66
    The "world's first" port with three ship shore power systems for cruise liners to turn off diesel engines and connect to shoreside electricity to reduce emissions. By Del Williams, Technical Writer The

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Container News web site
MAY 31, 2023
  • Asia-US container exports continue downward trend
    Outbound container trade from 18 Asian economies to the United States decreased by 17.9% year-on-year to 1,543,889 TEUs in April, according to the Japan Maritime Center (JMC), while for the first four months of the year, exports from Asia to the US fell by 25.2% to 5,540,313 TEUs, compared to the same period in 2022. Asia-US exports show a year-on-year downward trend for eight consecutive months.
  • Port of New York and New Jersey nears 650,000 TEUs in April
    The Port Authority of New York and New Jersey announced it handled 648,930 TEUs in April, positioning the port as the second busiest port in the United States for the first four months of the year. "The import of fewer than 23,000 loaded TEUs separated the country's top three busiest ports in April as US retailers work to move out goods stored in domestic warehouses during last year's supply chai
  • Hutchison Ports plans net-zero emissions in UK by 2035
    Hutchison Ports has set an aim of achieving net-zero emissions for its three ports in the United Kingdom, Port of Felixstowe, Harwich International, and London Thamesport, by 2035. On 20 May, the Port of Felixstowe turned on two new 11Kv high voltage substations to support the charging infrastructure for its conventional electric tractor fleet. Each substation will allow 20 vehicles to be charged
  • PIL completes first avocadoes shipment from Africa to Asia with Carrier Transicold's EverFRESH Active CA System
    Pacific International Lines (PIL) has successfully transported its first shipments of avocados from Kenya to Brunei using Carrier Transicold's EverFRESH® atmosphere control system. In particular, EverFRESH reduces respiration and slows natural ripening of commodities by optimising oxygen and carbon dioxide balance. The positive pressure effectively built up inside the container reduces box air le
  • Yang Ming orders five 15,500 TEU LNG dual-fuel vessels
    Yang Ming and Hyundai Heavy Industries (HHI) have reached a shipbuilding deal for five 15,500 TEU LNG dual-fuel container ships. These new vessels will be delivered in 2026 as part of Yang Ming's mid-long-term fleet strategy. The new container ships will be built at the Hyundai Heavy Industries shipyard and will be outfitted with a high-pressure LNG dual-fuel main engine and a ballast water treat
  • Gothenburg Port Authority appoints new CEO
    Gothenburg Port Authority has selected Göran Eriksson as the new chief executive officer (CEO), replacing Elvir Dzanic, the current CEO, on 7 August. "I am enthusiastic about the task and firmly believe that continued collaboration among all stakeholders in the business community is essential for a rapid transition to sustainable and efficient transportation systems," stated Eriksson, who is curr
  • Tonnage providers' fleet contracts with continued sales and few orders
    Tonnage providers have continued to reduce their fleets, after selling 71 ships to liner operators, particularly MSC and CMA CGM, in the last six months. Alphaliner's latest report noted that since August 2020, tonnage providers have sold just under 700 boxships, amounting to 2.27 million TEUs, to liner operators which furiously acquired second-hand ships to manage rising charter costs at the tim
  • Kalmar introduces collision warning system for straddle carriers
    Kalmar is introducing a collision warning system for its manually operated straddle carrier portfolio, which will be available as an optional add-on for new machines and a retrofit upgrade for existing machines. Kalmar said the new system increases safety by providing the driver with both visible and audible warnings when there is a risk of collision, giving them more time to react to potential h
  • Port of Aberdeen to explore subsea hydrogen storage
    The Scottish Government and Subsea7 have awarded the Port of Aberdeen approximately US$185,000 grant to explore the viability of storing hydrogen underwater at the new Aberdeen South Harbour. The project 'H2Shore - Hydrogen coastal storage and distribution' will perform extensive technical evaluations to establish the most effective technological method and an acceptable offshore location. In add
  • Port of Corpus Christi announces interim CEO
    Port of Corpus Christi Commissioners named Port of Corpus Christi Chief Financial Officer (CFO) Kent Britton as Interim Chief Executive Officer (CEO), effective 1 June, following the departure of CEO Sean Strawbridge. Prior to joining the Port of Corpus Christi in 2017, Britton worked as CFO for the Glencore-owned Sherwin Alumina Company. He took over the same role at the US port in 2019. "As int
  • Convoy Beverage Alliance joins Northeast Florida's Foreign Trade Zone
    Convoy Beverage Alliance (CBA), a Florida-based warehouse and transportation provider for alcoholic beverage firms, has joined Northeast Florida's Foreign Trade Zone (FTZ) No. 64, Florida's largest FTZ by area. CBA's 20,439-square-meters Jacksonville wareho

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Splash web site
MAY 31, 2023
  • Whale's tail-inspired propulsion set for 2025 debut
    Taking inspiration from a whale's tail, ABB today introduced a new propulsion system concept for the marine industry, with plans to roll out the first prototype in 2025. The new propulsion concept, which mimics the movements of a whale tail, features a main electric motor that powers a large wheel rotating at a moderate 30-80 ...
  • EDF Renewables forms Irish floater JV
    EDF Renewables has struck a deal to expand its Irish offshore wind portfolio, adding a pair of floating wind projects to its list. The subsidiary of French utility EDF has formed a 50:50 joint venture with local developer Simply Blue Group to develop the Western Star and Emerald floating offshore wind projects with a combined ...
  • Helix lands significant US Gulf of Mexico decommissioning contract
    Houston-based offshore energy services player Helix Energy Solutions has landed a significant decommissioning contract in the US Gulf of Mexico set to commence in mid-2023. The company's subsidiary Helix Alliance will execute the contracts that cover the plug and abandonment of 39 wells, 15 pipelines and seven structures. The Louisiana-based unit will utilise the EPIC ...
  • Seacon adds to growing orderbook
    Hong Kong-listed Seacon Shipping has expanded its orderbook with a fresh deal for another newbuild in Japan. The Qingdao-based company has tapped Murakami Hide Shipbuilding to have the 13,500 dwt general cargo vessel delivered by June 2026 for close to $16.8m. In April, the Chinese shipowner and operator contracted Tsuneishi Shipbuilding to build a pair ...
  • Grieg Maritime signs for up to four ammonia-ready open hatch newbuilds
    Norway's Grieg Maritime Group has contracted CSSC-affiliated Huangpu Wenchong Longxue yard for up to four ammonia-ready 82,300 dwt open hatch vessels. No price has been revealed for the order, which includes two firm vessels with an option for a further pair. The first of the four vessels will deliver in the spring of 2026, with ...
  • Woodside selects decommissioning team
    Woodside Energy has completed the award of all major contracts for the decommissioning of subseainfrastructure at the Enfield, Griffin, Stybarrow and Echo Yodel oil and gas fields offshore Western Australia. The contracts cover the removal and disposal of riser and disconnectable turret moorings, umbilicals, flowlines and other subsea infrastructure. Specialist contractors engaged to undertake ac
  • Ultramax newbuilds primed with onboard ammonia-to-hydrogen cracking
    Oslo-based Pherousa Green Shipping, together with Pherousa Green Technologies, is set to place an order for up to six ultramax dry bulk carriers with ammonia-to-hydrogen cracking technology onboard. Ammonia cracking is the process by which ammonia is decomposed into hydrogen and nitrogen over a catalyst. The initial ship design is based on an existing ultramax ...
  • Fredriksen renews attack on International Seaways board
    The annual general meeting at US tanker owner International Seaways promises to be feisty as a famous investor makes his feelings known to top management. John Fredriksen, via his investment vehicle Famatown Finance, issued an open letter yesterday, expressing his frustration with the board's refusal to engage with his firm Seatankers on shareholder value-creation. Fredriksen ...
  • Frontline offloads suezmax for $44.5m
    John Frederiksen's Frontline has sold its 2010-built suezmax tanker, to an unnamed buyer for $44.5m. The 156,000 dwt vessel, online pricing platform VesselsValue lists as worth $40.7m, is expected to change hands in the second quarter of 2023. Cyprus-based Frontline, which logged its highest first-quarter profit since 2008 of $199.6m, said the deal should generate ...
  • Allianz reports record low ship losses
    Shipping reported a record-low number of large ships lost over the past year, according to an annual report published yesterday by German insurer Allianz. However, the study warned a combination of factors impacting fire risk, ongoing and new threats posed by the ripple effects of the Ukraine conflict, decarbonisation challenges, economic uncertainty, as well as ...
  • Cyan seals Taiwan offshore wind vessels deal
    Singapore-based Cyan Renewables has teamed up with Taiwanese offshore wind developer Taiya Renewable Energy to build vessel capacity and work together on deployment in Taiwan and other markets. Taiwan is one of the most advanced and promising markets for offshore wind development with a target to add 15 GW of offshore wind power capacity by ...
  • UN operation underway to prevent catastrophic oil spill in Red Sea
    The United Nations yesterday started a challenging operation to remove more than 1m barrels of oil from the FSO Safer - a decaying supertanker moored off Yemen's Red Sea coast that threatens a humanitarian and environmental disaster. In a critical step forward in the operation, the salvage support vessel Ndeavor, operated by lead marine salvage ...
  • What the oncoming El Niño weather phenomenon will mean for global shipping
    Meteorologists warn there's a 90% chance of the El Niño weather phenomenon hitting this year with widespread repercussions for shipping from weaker agricultural output to greater storms in the Pacific and lower drafts along key waterways such as the Panama Canal. Satellite imagery already shows the early warning signs of the wild weather to come ...
  • PGS scores Norwegian Sea survey
    Norwegian offshore seismic player PGS has secured industry pre-funding for another large multi-season, multi-client survey in the Norwegian Sea. The first phase of the survey will be acquired in 2023 by the 2017-built Titan-class vessel. The acquisition is set to kick off in late June and last for about 75 days. The second phase ...
  • Nearly a quarter of Venezuelan crude exports now heading to the US
    Nearly a quarter of Venezuelan crude exports are now heading to the US, according to a new report from broker Braemar. The easing of US sanctions has seen nearly a quarter of Venezuelan crude head to the US in the first four months of 2023 in a dramatic shift for tanker trading patterns in the ...
  • Asian coal shipments soar as continent swelters from early heatwaves
    Extraordinary heatwaves being recorded over the past few weeks in many Asian countries are seeing higher than normal purchases of coal for this time of year. Just four countries now account for over half of all thermal coal imports and more than 70% of global power sector emissions from coal use, new data shows. China, ...
  • Odfjell Drilling secures more Norwegian Sea work for CIMC semisub
    Oslo-listed semisub rig operator Odfjell Drilling has secured a contract from ConocoPhillips Skandinavia for the rig. The 2019-built semi, owned by CIMC Raffles Offshore, has been fixed for one well in production license 891 in the Norwegian Sea, with an option for two further wells. Odfjell said the campaign should start in the third quarter ...
  • Shipping braces for El Niño
    Shipping must brace for less cargoes transiting the Panama Canal and across many rivers worldwide, while container carriers face the prospect of losing more boxes overboard in the Pacific as the El Niño weather pattern takes hold later this year. Climate scientists warned this month there is now a 90% chance of an El Niño ...
  • Oh great, another event!
    Regular readers may well recall I am not overly fond of the extremely cluttered maritime events calendar, whereby you can literally be seen for the opening of an envelope in a hundred places a day across the globe for 365 days of the year. So the following might be hard to justify ... creative writing ...
  • May 2023 Review
    One of the most famous names in German shipping died on May 22. Bertram Rickmers, 71, fell down some stairs while celebrating his wife's 60th birthday. The risk of casualties from the growing so-called opaque fleet manifested in Southeast Asia again where an uninsured aframax tanker exploded in Malaysian waters with three crewmembers dying. With ...
  • Whither the tanker super-cycle?
    Weak economic growth in the OECD and China has tempered expectations for the balance of 2023 while high inflation and the increasing cost of servicing debt have lowered hopes for consumer spending this year. Consequently oil demand growth is slack, and this is leading to fears that OPEC could further cut oil output after its ...
  • Dry cargo feels flat
    Beijing's about-turn on real estate investment is not yet bearing fruit and, after 4.5% GDP growth in the first quarter of this year, the real economy in China is struggling to get into gear. Caixin's PMI is in contraction territory at 49.5 points in April. China's steel market is slowly reacting to cheaper iron ore, ...
  • Holding out for a dry bulk turnaround
    Shipowners are playing a long game when it comes to dry bulk. Rates were off drastically this month, and yet bulker prices remained firm, and sealed transactions were surprisingly high. Month-on-month bulker S&P activity is up by around 60% this month, according to VesselsValue, with a total of 51 vessels sold, compared to 31 in ...
  • Dedollarisation and what it means for shipping
    While the US dollar has long enjoyed a dominant position in the global financial system, the recent shift toward dedollarisation constitutes a critical transformation with enormous potential consequences for the future of international trade, investment, and monetary policy. The US dollar is the prominent reserve currency, a status cemented in the aftermath of World War ...
  • The case for e-fuels today
    Outside of the production of low-carbon fuel alternatives, heavy transportation really does not have viable options that do not require total retrofitting of vehicle engines or building entirely new vessels, says Robert Schuetzle, CEO at Sacramento, California-based electrofuels (e-fuels) maker Infinium. E-fuels, so-called drop-in fuels, can be used in the existing transportation infrastructure t
  • The generation game
    The faces that fill the shipping media are a familiar bunch. Scions of well established shipping dynasties or the men and women who have worked their way to the top of the corporate ladder. Behind these front line figures are scores of other shore-based workers who make the industry tick - the operations teams, traders, ...
  • Why seamless global shipping is the need of the hour
    Pushpank Kaushik, CEO of Jassper Shipping, writes for Splash today. As businesses expand globally and consumers demand faster product delivery, efficient and reliable shipping has become an essential requirement. The ability to transport goods seamlessly across borders is critical to meeting customer expectations and maintaining a competitive edge in the global market. Seamless global shipping ...

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Lloyd's List web site
MAY 31, 2023
  • New York and New Jersey volumes soften as throughput losses even across coasts
    The port of New York and New Jersey continued to see volumes fall from last year's records but gained on...
  • Viasat completes acquisition of Inmarsat
    The merged Viasat/Inmarsat will pool their people, technology and network assets to serve the maritime, energy, government and aviation sectors...
  • Chevron licence boosts Venezuela-US crude oil shipments
    A quarter of Venezuelan crude exports are now destined for the US, with China remaining the biggest importer
  • Türkiye reinstates Bureau Veritas accreditation
    Türkiye's Ministry of Transport and Infrastructure has signed a new protocol to reinstate BV's accreditation in the country after a...
  • Ukraine conflict fallout will challenge shipping in year ahead, says insurer AGCS
    Threat of collateral damage on civilian shipping in or around war risk area remains high, and could stem from floating...
  • Weak demand and strong supply threaten liner balance
    Capacity ordered during the pandemic is entering the market as demand slows. A recovery in volumes may not come until...
  • Dual-fuel ships will command charter and asset price premiums
    For dual-fuel methanol ships, the picture is less clear even with shipping included into the EU ETS, as the price...
  • Cheap Russian diesel goes global, expanding shipping routes
    Russian diesel, once destined for Europe, now shipped to Türkiye, Brazil, northern Africa and Middle East at substantial discount, with...
  • NorthStandard plans big boost to commercial premiums
    Doubling lines such as offshore energy, strike and delay, hull and machinery, coastal and inland, and fishing and aquaculture will...
  • BIMCO says dry bulk market recovery is fragile
    While the supply/demand balance will marginally strengthen until the end of next year, the evolution of China's recovery could still...
  • 'Whale tail' research must prompt questions about propeller inefficiency
    Shipping's carbon footprint is a function of inefficiency. Ship propulsion technology is almost 200 years old. Research into cetacean propulsion...
  • Yang Ming confirms order for five boxships
    Taiwanese carrier places order for five 15,500 teu LNG dual fuel containerships at South Korea's HD Hyundai Heavy Industries due for...
  • Sharp fall in contract container freight rates
    Long-term contract indices held up longer than spot rates. But new contracts are now being signed for far lower rates...
  • MOL sets up US-based start-up unit
    The company is set to open an office in California in August. It is slated to invest $100m in total...
  • K Line joins project to develop floating offshore wind turbines
    K Line joins four other Japanese companies in the project, which is trialling a small-scale version of the FAWT in...
  • Frontline says tanker outlook not affected by short-term volatility
    John Fredriksen-controlled business expects oil demand to rise significantly in the second half of the year, during which China's reopening...
  • Fredriksen and International Seaways trade barbs ahead of annual meeting
    Ahead of International Seaways' annual shareholder meeting and just over a year after its board adopted a 'poison pill' to...
  • Daily Briefing
    Heroic Idun leaves Nigeria | Sanctioned ship refloated after blocking Russia's Caspian Sea connection | Box ports at forefront of...

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The Journal of Commerce web site
MAY 31, 2023
  • Norfolk Southern eases free time, demurrage restrictions on ocean boxes
    The railroad is reducing demurrage fees and restoring additional free time that was eliminated in the past two years as international intermodal volumes have fallen sharply from East Coast ports.
  • No clear link between slow-steaming, schedule reliability: analyst
    Slow-steaming has come to the fore of late as ocean carriers seek help in absorbing overcapacity, but analyst Lars Jensen says the common refrain that slower speeds also help to improve schedule reliability doesn't hold water.
  • Weaker ocean rates, China sourcing shift drive rise in LCL shipments
    An emerging trend of sending smaller shipments more frequently is leading to growing demand for LCL services across the major trade lanes.

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TradeWinds web site
MAY 31, 2023
  • DHT Holdings strikes on modern VLCC after 'hunting high and low for opportunities'
    New York-listed tanker owner pays highest price for a VLCC since November but grabs a discount to current value estimates
  • 'Dry bulk market has taken a turn for the worse' as China's economy languishes
    China's manufacturing sector slows down in May, according to government data
  • Tankers steer clear of Ceuta transfer hub after Russia crackdown
    Activity moves to less scrutinised areas in the Atlantic as sea conditions improve moving into summer
  • Chinese-backed US Spac floats second 'battery tanker' plan
    Rival Japanese manufacturers are working on plans for 'battery tankers' to ferry power from offshore fields without the use of undersea cables, and one of them is tapping US finance markets
  • ABB mimics whales to come up with highly efficient new propulsion system
    Technology group unveil Dynafin system inspired by dynamic motion of a whale's tail forecast to cut engine power use by 22% compared to a conventional propeller
  • Baltic Dry Index crashes 13% to under 1,000 points as bulk market keeps falling
    Benchmark dry bulk index falls to three-month low as iron and coal shipments diminish amid high inventories
  • Italy ups LNG regas capacity by greenlighting Livorno FSRU boost
    Floating storage and regasification unit will also be able to receive up to 122 small-scale LNG carriers each year
  • 'I'm an observer': Frontline's Barstad staying out of Euronav and Seaways war of words
    Chief executive diplomatically declines to add fuel to the fire in two of shipping's most heated corporate debates
  • Green Seas: Can the geopolitical divide be overcome to bring a global carbon levy for shipping?
    IMO deliberations will need to bring an increasingly divided world together or risk piecemeal carbon cuts
  • European diesel demand set to lift MR2 tanker fortunes
    BRS Group says US gasoline demand yet to peak in another sign of favourable winds for the mid-range product tanker sector
  • Hafnia founding partner Anders Engholm retiring after 43 years in shipping
    Dane will leave pool company Hafnia Management with sadness but excitement for the future
  • More gloom for container lines as long-term freight rates 'collapse'
    'Little carriers can do' as contracts follow spot market into the abyss
  • Green shipping pilot project numbers rise by 84% over last year
    Global survey of schemes aiming to decarbonise shipping shows 373 projects are underway and some are maturing, says the Global Maritime Forum
  • Frontline cuts costs by tapping ING for $129m sustainability-linked loan
    Norwegian shipowner refinancing 2023 maturity with new bank facility at "attractive terms"
  • Vitol wins $4m pay-out after VLCC delayed in arbitration fight
    UK judge rules owner Rhine Shipping liable for higher price paid to load crude at next port
  • NorthStandard hails underwriting profit in first annual result
    Newly merged P&I club gets off to a positive start as claims dip
  • Value gap: investor Joakim Hannisdahl says shipping company pricing 'unsustainable'
    Norwegian fund manager believes either stock prices have to rise, or asset prices and earnings will be revised downwards
  • Charter conundrum: Avance Gas prefers to be big player in spot market, says Kalleklev
    VLGC owner's boss likes the gains that come with having a dominant position
  • Ship losses hit 12-year low but fires and 'ghost fleet' are a concern, says Allianz
    Insurer has safety concerns over fires and the growth of tanker "shadow fleet"
  • Charter market fleet shrinks as MSC and CMA CGM keep buying
    Nearly two-thirds of vessels sold by boxship tonnage providers went to two carriers
  • US envoy John Kerry taking decarbonisation message to Nor-Shipping
    Veteran campaigner confirmed as closing speaker at Ocean Leadership conference in Oslo next week
  • Yang Ming confirms container ship order at HD Hyundai Heavy Industries
    The newbuildings form part of the liner operator's mid to long-term fleet plan
  • Alpha Bulkers breaks into ultramaxes with China newbuild order
    A Greek fan of big-tonnage ships is dipping its toe into a smaller type of bulker
  • Bimco: Best tanker outlook since 2008 financial crash
    Increasing global demand for oil to record levels in 2024 underpins tanker prospects
  • Seacon Shipping raises newbuilding tally with fresh order
    The company has ordered a total of five newbuildings since listing in the Hong Kong in March
  • GR8 Chartering gets started in Athens with ex Lightship and Arrow shipbrokers
    Venture's eight partners told TradeWinds that they wanted to offer a more 'boutique' service to their long-standing clients
  • Start-up targets hydrogen-fuelled ultramaxes fitted with ammonia crackers
    The new firm hopes to secure backing for the potential order from international mining firms active in the copper trade
  • Frontline sells 2010-built suezmax for $9m profit as it reveals term deals
    John Fredriksen company offloads its third ship this year for strong price
  • Golar LNG ploughs cash into carbon capture in effort to slash FLNG emissions
    Chairman Tor Olav Troim says gas and LNG will remain 'an essential component in the global energy transition'
  • Grieg Maritime ends decade-long order drought with multipurpose newbuildings
    The 82,000-dwt newbuildings will be the largest ships owned by the Norwegian company
  • Jinhui Shipping and Transportation slumps to first-quarter loss
    Weaker freight rates and rising interest rates take their toll on Oslo and Hong Kong-listed shipowner
  • 'Very exciting' cycle ahead as Frontline books big second quarter rates
    Profit looks set to soar beyond the $200m logged in the first three months, itself the best since 2008
  • Neste to trial its own 'green' bunkers on its own tankers
    Company says powering two vessels with a marine fuel to reduce greenhouse gas emissions is another step towards reaching its sustainability targets
  • Banking gurus make shipping's carbon challenge 'top priority'
    Delegates also heard there should be sufficient funding available for green retrofit technology
  • Is John Fredriksen 'targeting' female directors in International Seaways spat?
    New York shipowner slaps back at shipping tycoon on diversity and questions 'disruptive' conduct in 'failed' Frontline-Euronav merger

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American Shipper web site
MAY 31, 2023
  • How summer driving season fuels demand for tanker shipping
    Despite a slow Memorial Day start, summer demand is expected to hike tanker rates in the months ahead.
  • Tracking back-to-school orders: How do they stack up?
    Analyzing back-to-school volumes can give you insight into retailer expectations and impacts on container trade.
  • Port of Corpus Christi names interim CEO after Strawbridge exits
    The Port of Corpus Christi has named Kent Britton interim CEO to lead the South Texas port until a permanent chief executive is found.
  • FedEx agrees to tentative deal with pilots
    FedEx has prevented a potential strike by its pilots by agreeing to a contract that still must be approved by members of the pilots union.
  • US, EU object to cargo concentration in Korean Air, Asiana merger
    U.S. and EU antitrust authorities are worried about reduced cargo competition from a merger between South Korea's top airlines.

››› File
FROM THE HOME PAGE
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
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
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
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
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
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
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
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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