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October 3, 2023

free news
Exim India web site
OCTOBER 3, 2023
  • First rise seen in long-term ocean freight rates in a year
  • Railways levies Busy Season Charge on container traffic
  • The Saksham Group celebrates International Coastal Cleanup Day as part of its sustainability push
  • Baltic Exchange Market Report (29 September 2023)
  • Warehousing Development Regulatory Authority signs MoU with Bank of India to facilitate low interest rate loans to farmers
  • Dammam call added to India-East Med service
  • Sustainability & digitisation complement and reinforce each other: MSC CEO Soren Toft
  • India in a macroeconomic bright spot
  • Engg exports up 9 pc to UAE, Australia in April-Aug.
  • India seen growing as a major global manufacturer, exporter
  • INTERCARGO reaffirms commitment to MARPOL on World Maritime Day
  • CMA CGM named Best Global Shipping Line
  • Just and equitable transition to decarbonised shipping urged; industry remains resilient
  • Sustainability Charges at Mundra Port
  • Agri exports dip due to curbs
  • Fertiliser imports marginally down

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International Transport Journal web site
OCTOBER 3, 2023
  • Who'll top the tree in Brussels?
  • Röhlig expands to Osaka
  • Combining rail and HVO trucks to reduce CO2
  • B&H banks on Brisbane
  • Freightliner augments rail services
  • Air cargo verticals: choose what you fly!
  • Biglift Shipping celebrates golden jubilee
  • Global container streams increasing slightly
  • Crane upgrade at VICT
  • Ford Trucks invests in cybersecurity
  • Drone-based deliveries to take off in Himalayas
  • Continental Tires Spain picks Edwin Goudswaard
  • Fuel costs could strain shipping at Christmas
  • 2,566 sqm in Mumbai for Crown
  • First orders following the launch of an H2 truck
  • Bolstering supply chains between Europe and USA
  • Sweden's first suction mooring
  • Senior executive appointments at Marcura
  • "Curiosity of the Day"

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The Loadstar web site
OCTOBER 2, 2023
  • Sponsored podcast: Quantum logistics - the child of quantum computing and AI, says Sean Tinney of Unisys
  • Ligentia appoints Dan Gill as CEO as founder steps back
  • Portland blues: no one looks good
  • Hapag-Lloyd leads a rates fightback with FAK hike on Asia-N Europe
  • Fighting ICTSI Portland case forces dockers' union ILWU into bankruptcy
  • With Clark gone, will Urban return to Flexport or won't he?
  • IAG Cargo plans online spot rate service amid challenging market
  • Amazon Air plans to close freight hub at Leipzig Airport
  • Mr Joy: does closing the loopholes mean tightening the noose?
  • China's StarOcean sells box ship newbuilds as Russian players seek tonnage
  • OceanX: The floor is here - 'igniting hope' as weak-for-good Q4 begins
  • AI helps Uber Freight to broaden its reach with SaaS offerings
  • MSC's Medlog wins contract to operate trimodal hub serving Paris
  • Panama Canal reduces daily transits further as drought continues

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Marine Log web site
OCTOBER 2, 2023
  • ILWU files for Chapter 11 bankruptcy
    The ILWU dockworkers union said Friday that it has commenced a Chapter 11 case under Subchapter V of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of
  • Jan De Nul orders giant cable layer
    Upping the ante in the cable layer market, Belgium's Jan de Nul Group has placed an order at the CMHI shipyard in China for an extra-large cable-laying ship. Set for delivery in

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Container News web site
OCTOBER 2, 2023
  • HFW signs collaboration deal with Emirates Shipping Association
    International law firm Holman Fenwick Willan (HFW) has agreed to collaborate with Emirates Shipping Association, the voice of the United Arab Emirates private maritime industry and one of the world's top maritime organisations. HFW supported the establishment and registration of the Association at a federal level and has provided it with ongoing legal and strategic support. According to the new a
  • Vale, Port of Açu ink agreement to develop Mega Hub for steelmaking decarbonisation
    Vale signed a Memorandum of Understanding (MoU) with the Port of Açu in order to study the development of a Mega Hub at the port located in São João da Barra in the state of Rio de Janeiro, Brazil to produce hot briquetted iron (HBI) using the direct reduction route. The Mega Hub will initially receive pellets from Vale and could, in the future, include an iron ore briquette plant at the site to
  • Tsuneishi Shipbuilding receives order for four 5,900 TEU methanol-fuelled ships
    Tsuneishi Shipbuilding based in Hiroshima, Japan received an order for four 5,900 TEU container ships powered by methanol. This is the third methanol-fuelled vessel order, following the Kamsarmax Aeroline and TESS66 Aeroline, and the first order for methanol-fuelled container vessels. The boxships will be equipped with a dual-fuel methanol and heavy oil main engine developed by MITSUI E&S and wil
  • Mitsubishi Shipbuilding delivers LNG fuel gas supply system for car carriers
    Mitsubishi Shipbuilding Co. a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, Japan, delivered Fuel Gas Supply System (FGSS), a liquefied natural gas (LNG) fuel gas supply system for high-pressure dual-fuel marine engine, to Shin Kurushima Dockyard Co. at the end of August 2023. More specifically, FGSS is a liquefied natural gas (LNG) fuel gas supply system for high-pressure du
  • OOCL vessel catches fire in Japan
    Fire broke out in the engine room of one of Orient Overseas Container Lines' (OOCL's) ships while it was underway in Japan on 1 October. The 1999-built, 5,770 TEU OOCL Shanghai, deployed to OOCL's Asia Australia Consortium Northern Express (A3N) service, caught fire around 5 a.m. local time, while it was sailing from Yokohama to Osaka. At the time of the incident, the ship was 18 nautical miles o
  • ICTSI's Australian terminal beefs up handling equipment to handle larger boxships
    Victoria International Container Terminal (VICT) will soon be able to handle the largest container vessels that will arrive in Australia after the recent delivery of two new ship-to-shore (STS) cranes. VICT's new automated cranes are the largest in Australia, with a lift height of 49 meters or 10 meters higher than the terminal's five existing STS cranes. Additionally, the 60-meter boom outreach
  • ILWU files for Chapter 11 bankruptcy protection
    US West Coast labour representative, International Longshore Warehouse Union (ILWU) has filed for bankruptcy protection following its dispute with ICTSI Oregon Inc., which has been running for more than a decade. In a statement issued on 30 September the union said it intended to protect its future by using the bankruptcy process to "resolve the pending litigation with ICTSI Oregon Inc. that has
  • Port of Felixstowe greets first methanol-powered vessel
    Hutchison Ports-operated Port of Felixstowe welcomed the maiden call of Laura Maersk, the world's first container ship to complete a voyage fuelled by green methanol. The 2,100 TEU container vessel will operate between Northern Europe and the Bay of Bothnia on Maersk's Baltic shipping route. "This is a truly historic event. It is essential that the industry moves to decarbonise shipping and this
  • Piraeus Port reports significant growth in half-year profits
    Piraeus Port Authority (PPA) announced a continued robust growth in profits and income in the first half of 2023, establishing the new greatest performance in the company's history. More precisely, profits before taxes increased by 48.8%, totalling US$52 million, compared to US$35 million in the same period in 2022. In the same period, profits after taxes were US$41 million, up from US$27.4 milli
  • New agreement for Port of Oakland bulk shipping terminal development
    The Oakland Board of port commissioners approved changes in its agreement with Eagle Rock Aggregates to develop and operate a bulk marine terminal at the port of Oakland. In particular, the changes stem from the settlement of a lawsuit filed by the West Oakland Environmental Indicators Project (WOEIP) and the Attorney General of California's Office. The lawsuit alleged that the US port did not ad
  • JAXPORT announces new board chair
    The Jacksonville Port Authority (JAXPORT) board of directors unanimously elected attorney Daniel Bean as chair and selected additional officer positions effective from today (1 October). Daniel Bean is an attorney and partner at ABL Law, P.A.. He previously served as executive partner of the Jacksonville office of Holland & Knight. Bean currently serves as board chairman of K9s for Warriors, pres
  • Hapag-Lloyd applies new rates from Europe to Arabian Gulf and Indian Subcontinent
    German ocean carrier Hapag-Lloyd has announced new tariff rates from Spain and Italy to the Arabian Gulf and the Indian Subcontinent. The updated rates will apply to all 20' and 40' dry containers including high cube equipment from 15 October until further notice. (Italy) 20' Dry containers - all values in US$ From To Current base rate level New base rate level Delta Genoa Jebel Ali, AE 133 283 1
  • Delivery of new LNG carrier for Petronas
    The newly built W-Max class LNG carrier "Lagenda Setia" for Petronas LNG was delivered at Hudong-Zhonghua Shipbuilding (Group). The vessel, which is the same kind as the other two ships delivered to Petronas in May and June 2022, was named "Lagenda Setia" on 21 August 2023 by Sharifah Fauziah Wan Idrus, PETRONAS COO and EVP & CEO of Gas Business. Moreover, the naming ceremony was attended by mana

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Splash web site
OCTOBER 2, 2023
  • MSC buys 50% of passenger rail operator Italo
    Mediterranean Shipping Company (MSC) has struck a deal with New York-headquartered Global Infrastructure Partners (GIP) to buy a 50% stake in Italian passenger rail operator Italo, the latest in line of series of investments made by the world's largest containerline. Under the deal, the remaining 50% will be held by GIP, along with German insurer ...
  • DOF offloads pair of elderly PSVs to Atlantica Shipping
    Norwegian offshore vessel owner DOF has sold a pair of non-core platform supply vessels to fellow owner Atlantica Shipping in a deal worth NOK275m ($26m). The Oslo-listed company is offloading the 2005-built Skandi Barra and the 2003-built Skandi Caledonia, the two ships recently picked up from lenders for NOK270m in a package that also included ...
  • Scorpio Tankers declares option to buy back over 20 ships
    Monaco-headquartered Scorpio Tankers has revealed a series of more than 20 vessel repurchases in a move that will see the Emanuele Lauro-led product tanker owner further reduce its financial costs. The New York-listed company is taking back ships on various sale and leaseback arrangements, including the 2016-built LR2 product tanker STI Supreme, from Ocean Yield, ...
  • Wilhelmsen and thyssenkrupp debut 3D printing venture
    Norwegian maritime group Wilhelmsen and Germany's industrial firm thyssenkrupp have formed a joint venture company, Pelagus 3D, a new player in the global maritime and offshore services market which will use 3D printing as its approach to manufacturing. Pelagus 3D envisions becoming the largest one-stop, on-demand digital manufacturing partner for the maritime and offshore industries. ...
  • TMC Shipping teams with Shipfinex to tokenise assets
    TMC Shipping has become the first company to tokenise its assets on Shipfinex FZCO's ship financing platform. Shipfinex is looking to provide shipowners with alternative sources of financing by fractionalizing their assets and selling them as digital tokens to investors worldwide. Shipfinex's platform uses Marinecoins as its native token. This way, the shipping firm is ...
  • Tsuneishi wins landmark order for methanol-fuelled boxships
    Japan's Tsuneishi Shipbuilding is expanding its project portfolio of methanol-powered ships with its first containership order. The Hiroshima-based shipbuilder has been selected by an undisclosed owner to build four 5,900 teu ships, after previously winning orders for methanol dual-fuel bulkers. Tsuneishi has become a go-to place for methanol-powered kamsarmaxes and ultramaxes with Diana Shipping
  • Gram Car Carriers panamax wins five-year $114m charter
    Norwegian tonnage provider Gram Car Carriers (GCC) has signed a five-year time charter deal for the 2007-built Viking Queen car carrier. The Oslo-listed firm said via social media that with this latest deal, all four of its panamax class car carriers have been fixed on long-term contracts with an average duration of almost five years. ...
  • AVIC Leasing and Zhejiang Jinpu book bulker newbuilds
    Chinese owners AVIC Leasing and Zhejiang Jinpu have signed up for fresh dry bulk tonnage at compatriot yards. The leasing arm of Aviation Industry Corporation of China has returned to New Dayang Shipbuilding for four more 63,000 dwt ultramax newbuilds, lifting its orderbook at the yard to six. The price being quoted by brokers stands ...
  • US calls for public input on Maryland offshore wind project
    The US Bureau of Ocean Energy Management (BOEM) announced the availability of its draft environmental impact statement (EIS) for the proposed Maryland offshore wind project. If approved, the project could generate between 1.1 and 2.2 GW of clean, renewable energy for the Delmarva Peninsula, which could power up to 770,000 homes and support up to ...
  • Signatories to the Poseidon Principles make changes to align with new IMO targets
    The 30 banking signatories to the Poseidon Principles, a global green ship finance framework, have made the decision to align their reporting with the new climate goals agreed at the Marine Environment Protection Committee (MEPC) gathering held this July at the headquarters of the International Maritime Organization. "[T]his update signifies the dedication of 30 leading ...
  • Russia's decision to deploy non-ice class tankers in the Arctic comes in for criticism
    Russia risks an environmental catastrophe by deploying non-ice class ships on its increasingly busy Northern Shipping Route (NRS), according to experts at New York tanker brokerage Poten & Partners. Thanks to Western sanctions, Russia has increased its focus on deliveries to Asian clients, with plenty of ships choosing the Arctic voyage along the NSR this ...
  • Jan De Nul expands fleet with cable layer newbuild order
    Belgian marine contractor Jan De Nul has placed an order at China Merchants Heavy Industry (CMHI) Haimen shipyard for an extra-large cable-laying vessel for delivery in 2026. The vessel, which will serve the renewable energy and subsea cable industry in installing cables over longer distances and in deeper waters, will have a carrying capacity of ...
  • Last remnants of what was once the world's largest ship financier dismantled
    Another important chapter in the history of Hamburg shipping has come to a close with the successful wind-down of a portfolio of €4.7bn of non-performing shipping loans from what was HSH Nordbank. HSH Nordbank was once the largest lender in world ship finance, but became unstuck - like many in Hamburg's shipping community - in ...
  • Baker Hughes lands two major contracts in Norway
    Nasdaq-listed oilfield services major Baker Hughes has been awarded two contracts by Norwegian operator Vår Energi, expanding its North Sea footprint in exploration logging, well intervention technology and subsea production systems. The first contract is a nine-year engagement for well intervention and exploration logging solutions to assist Vår Energi in further developing prospects in the ...
  • US dockworkers union files for bankruptcy
    The International Longshore and Warehouse Union (ILWU) has filed for bankruptcy as a way to shield itself having lost a long running battle over labour issues at the Port of Portland. The ILWU lost a court case eight years ago over a work slowdown situation at a Portland terminal run by Manila-headquartered International Container Terminal ...
  • Integrated Wind Solutions seals deal to delay payments on CSOV newbuilds
    Integrated Wind Solutions has strengthened its liquidity position through a deal with China Merchants Industry Holdings to postpone equity yard instalments on four commissioning service operations vessel newbuilds. The Oslo-listed company will have a total of €36m ($38m) at its disposal for up to one year without any major changes to its initial agreement with ...
  • Ocean Winds sells down stake in Moray East offshore wind farm
    Ocean Winds, a joint venture between France's Engie and Portuguese electric utilities company EDP, has sold a 16.6% stake in the Moray East offshore wind farm to infrastructure manager and investor, Equitix. This transaction allows Ocean Winds to continue investing in its additional 5GW of offshore wind projects in Scotland. Ocean Winds will continue to ...
  • Ukraine's new shipping corridor welcomes more vessels
    Ships are coming in and out of Ukrainian Black Sea ports in increasing numbers - the country's new shipping corridor hugging its coastline and avoiding the Russian military proving effective. In the middle of July Russia pulled out of the Black Sea Grain Initiative, a United Nations-brokered shipping pact, after which Kyiv has worked to ...
  • Shelf Drilling jackup gets more work in UK North Sea
    Shelf Drilling has secured more work from CNOOC Petroleum Europe for its Shelf Drilling Fortress jackup in the UK North Sea. Oslo-listed jackup rig pure-play said Monday its North Sea-focussed subsidiary had secured a two-well contract extension, following a firm two-well fixture agreed in August for work until January 2024. The additional work, worth around ...
  • Swire Bulk sells open-hatch trio
    Peter Norborg-led Swire Bulk has decided it is time to prune its fleet. The 25-ship strong player is widely reported to be selling three open-hatch bulkers for close to $60m. Sources widely tip JP Morgan to be the highest bidder for the ships. The trio in question were built at Chengxi Shipyard in 2015 and ...
  • Daily transit limit at the Panama Canal to be cut further
    Aware of the ongoing drought potential across the country in this El Nino-hit year, the Panama Canal Authority has taken the decision to cut daily transits even further from the start of November. Hit by parched conditions for much of 2023, the administrators of the canal have slashed the maximum draft at the larger neopnamamax ...

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Lloyd's List web site
OCTOBER 2, 2023
  • Ship accused of grain smuggling linked to UK-registered company
    San Cosmas - until recently known as Laodicea - continues to engage in suspicious activity in the Black Sea after flag, name...
  • Scorpio continues to cut finance costs with purchase of 21 leased vessels
    Scorpio Tankers continues to reduce financing costs. It is exercising purchase options on 21 product tankers, bringing the tally since...
  • Banks divided over climate ambition as Paris goals are postponed
    The Poseidon Principles were supposed to foster agreement about the subject of IMO emission targets. However, alignment to the 1.5°C...
  • The week in charts: Oil cap breach fails to stop compliant shipments from Russia | Limited interest in alternative fuel bulkers | Box spot rates slump
    CMA CGM boasts largest dual-fuel methanol boxship orderbook, VLGC rates ease from record-shattering highs, Russia's Danube offensive fails to dent...
  • Steady flow of ships sailing to Ukraine's sea ports
    After the new arrivals depart, nearly 270,000 tonnes of cargo will have been exported since mid-September
  • Shoreline offers to insure against costs of US pollution investigations
    Niche insurer Shoreline's new policy covers initial legal and inspection costs incurred in a US vessel pollution case, and operational...
  • Shippers face 'confusing jungle' of ETS surcharges
    The European Emissions Trading Scheme will come into effect from January. Carriers will apply surcharges, but to date only two...
  • The week in newbuildings: Dual fuel methanol orders ramp up
    Orders for dual-fuel methanol ships have been confirmed by CMA CGM and Diana Shipping
  • Another MSC boxship and pair of opaque ownership tankers sold for scrap
    The 24-year-old crude oil tankers Gulf Venture and Bradley have been sold on an 'as is' basis with delivery in Singapore
  • Economou discloses new stake in second Palios family-linked company
    Move follows clash over similar move on publicly listed tanker company Performance Shipping in the past month
  • Odjfell to test solid oxide fuel cell on chemical tanker
    Odfjell will start testing a solid oxide fuel cell on a chemical tanker to demonstrate that the technology can cut...
  • Panama makes further cuts to transits
    The Panama Canal is struggling with low water levels. The latest measures seek to reduce the number of ships waiting...
  • West coast dockworkers union files for bankruptcy protection
    The International Longshore and Warehouse Union filed for Chapter 11 bankruptcy protection, saying a decision by terminal operator ICTSI to...
  • Daily Briefing
    Fredriksen mulls Euronav share buyout in return for fleet | Chinese ship lessors look beyond mainstay as geopolitics and market...

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The Journal of Commerce web site
OCTOBER 2, 2023
  • ILWU bankruptcy filing provides dramatic twist to long-running Portland dispute
    The financial health of the powerful International Longshore and Warehouse Union is in jeopardy as the union seeks to avoid paying $19 million in damages to a Portland terminal operator over disruptive job actions years ago.
  • Global MPV/HL fleet is "between technologies": carriers
    MPV newbuildings are being designed for higher cargo intake and improved efficiency, but any consensus on green fuels and propulsion systems remains elusive.
  • FMC mediation office ramps up help for US shippers seeking dispute relief
    Use of the little-known arm of the FMC comes as shippers are increasingly turning to US maritime regulators to perform a consumer protection function in the aftermath of pandemic-linked disruptions and broad shipping reform that became law 15 months ago.
  • US LTL carrier Estes hit by widespread systems outage
    A systems outage that has left less-than-truckload carrier Estes grappling with email, website and data exchange issues is the latest such incident to befall the logistics and transportation industry.
  • MC mediation office ramps up help for US shippers seeking dispute relief
    Use of the little-known arm of the FMC comes as shippers are increasingly turning to US maritime regulators to perform a consumer protection function in the aftermath of pandemic-linked disruptions and broad shipping reform that became law 15 months ago.
  • Asian air export rates rose in Q3 as cargo demand stabilized
    Rising airline costs and increasing air cargo demand over the last three months have largely insulated rate levels against a steady and significant increase in available air freight capacity.
  • Inland23: Mexico-to-Southeast intermodal service due to launch in late 2024
    CPKC and CSX hope the new joint service will boost volumes along the route, which is not a popular one for intermodal business.
  • Inland23: US-Mexico trucking costs rising with cross-border demand
    Cross-border trade with Mexico is one of the few hot spots in trucking, but fuel prices and other costs are putting more pressure on rates.
  • Inland23: Railroads vow service will remain strong when volume rebounds
    North American Class I railroads understand why shippers and logistics providers are skeptical about intermodal service, but they believe disruptions experienced in recent years will not happen again.

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TradeWinds web site
OCTOBER 2, 2023
  • Jan de Nul orders extra-large cable-laying vessel from Chinese shipyard
    Belgian company has three cable-laying vessels in its fleet already
  • Maersk ship cuts short Greek trip after container catches fire
    Coastguards say situation is under control on boxship that turned around mid-sea to sail back to Piraeus
  • MSC prevails in first-ever US 'charge complaint' over congestion fees
    Dissenting commissioner argues liner giant should be found in violation of Shipping Act
  • Seatrium's yard in Brazil refinances debt with $500m ESG-linked loan
    Company plans to lower greenhouse gas emissions by 40% by 2030
  • Glencore beats back most claims in 'bad bunkers' fight with Greek shipowner
    Judge allows dispute over breach of contract allegations, with $300,000 damage cap
  • Carbon-neutral 'breakthrough': Cargill, Minerva and team design bulker ready for wind and methanol
    Joint effort also includes Lloyd's Register and shipbuilder NACKS
  • Dockers union files for bankruptcy protection in face of $19m ICTSI lawsuit
    International Longshore and Warehouse Union says it has only $11.6m in assets
  • Podcast: Are electric cars getting a bad rap in ship fires?
    Audio edition of Green Seas looks at the role of battery-powered vehicles in shipping blazes
  • Euronav shares sliding in US trading ahead of expected Frontline deal
    Concerns over fate of minority shareholders could underlie downward momentum
  • Russia ramps up risks with non-ice class ships on Arctic route, says Poten & Partners
    Broker says the route has the potential for time and fuel savings, but there are limitations and risks
  • Two vessels detained amid Argentina-Paraguay toll spat
    Two countries battle over fees charged by Buenos Aires on the Parana River
  • Iranian crude exports set to rise further after sanctions-era record
    Iranian minister says increased US military presence has had no impact on sanctioned trading
  • Penningtons Manches hires latest Ince & Co departures
    More lawyers leave troubled law firm that is under investigation
  • Chemical carrier rate rally could clear path to Stolt Tankers IPO in 2024
    Clarksons Securities believes share price gains will follow from earnings rise
  • d'Amico International extends US reach with cross-trading filing
    Tanker owner applies for membership of OTCQX Best Market index to make US deals easier
  • Adam Polemis' New Shipping makes $14m on 21-year-old VLCC bought six years ago
    Greek shipowner has finally got veteran vessel off the books as prices firm
  • Wilhelmsen and ThyssenKrupp aim to disrupt maritime parts business with 3D printing venture
    Pelagus 3D strives for faster lead times, reduced costs and more resilience in spare parts supply chain
  • Chilean tycoon Andronico Luksic steps down from CSAV board
    Company was 'one of the most complex business challenges in which I have had to participate'
  • DOF buys three non-core PSVs from lenders to capitalise on better rates
    Boss Mons Aase says earnings and ship values expected to continue their positive trend
  • Bulker group Delta Corp finally sees the end in sight for desired public listing
    Bulker operator and logistics group announced intention to go public last year and hopes to be Nasdaq-listed by Christmas
  • Predictions for future of carbon capture market run wild as Norway piles in
    CCS potential is 'difficult for us to imagine today', Altera head says
  • Greece's Metrostar scores big on sale of tanker duo
    Deal talk comes as Theodore Angelopoulos-led company increases its focus on product carriers
  • Pennningtons Manches hires latest Ince & Co departures
    More lawyers leave troubled law firm which is under investigation
  • Pressure bears down on container market, but MSC keeps buying
    Lower benchmarks in all sizes as charter rates drop to their lowest for three years
  • TotalEnergies Marine Fuels piles into Itochu-led ammonia bunkering project
    Aim is to bring an ammonia-fuelled container ship to market in late 2020s
  • Gram adds $114m of revenue in five-year fix of panamax car carrier
    Norwegian owner says deal has been done at more than $62,000 per day
  • Tsuneishi stacks orderbook with methanol dual-fuelled container ships
    Buyer has not yet been disclosed
  • Subsea 7 closes on OneSubsea joint venture with SLB and Aker Solutions
    Oslo-listed offshore player will have 10% stake in new subsea effort
  • Owners react to weaker markets by slowing bulkers and container ships to record lows
    Clarksons Research says it is too early to assess impact of emissions regulations, but freight rates are certainly having an effect on speed
  • Poseidon Principles banks toughen up lending to align with Paris climate targets
    Group of 30 financial institutions agrees 'substantial' revision of reporting framework
  • Scorpio Tankers buying 22 product carriers out of leases as it fixes new finance
    Owner reveals string of deals as it seeks to lower financing costs
  • Shipbuilder Privinvest in court over $2bn bribery scandal
    Abu Dhabi-based group wins right to challenge immunity for Mozambique's president
  • 'Fuels competition? What fuels competition?' Green goals too hard for one-way bets
    Shipping so far behind in its decarbonisation targets that it can not ignore any alternative fuel source, experts argue at the TW Shipowners Forum
  • Nordic American talks up suezmaxes: 'The market is good for our ships'
    Herbjorn Hansson-led company says only six million-barrel tankers will join the fleet next year
  • Kristian Sorensen pockets $1.26m of share options as he becomes BW LPG CEO
    Former deputy chief executive takes over from Anders Onarheim at VLGC owner
  • Aframax tankers managed out of the UAE set to hit the beach at Alang
    Alang recyclers also scoop up Greek panamax bulker and MSC boxship as India leads on price by a large margin
  • LNG carrier ordering slows in third quarter but there is more to come in 2023
    Rest of this year will be 'all about Qatar', market watchers say
  • Libra Group invests in US LNG bunkering infrastructure
    Logothetis family outfit teams up with Pilot LNG to develop maiden facility in Gulf Coast and other units elsewhere
  • Louis Dreyfus to install bound4blue eSAILS on ro-ro fixed to Airbus
    Move part of its commitment to halve CO2 emissions from its maritime operations by 2030
  • Russia ramps up risks with non-ice class ships on Arctic route, says Poten
    Broker says the route has the potential for time and fuel savings, but there are limitations and risks

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American Shipper web site
OCTOBER 2, 2023
  • How a fight over 2 jobs bankrupted union of 40,000 dockworkers
    The Chapter 11 filing of the ILWU dockworkers union dates back to a dispute over two electrician jobs in Oregon a decade ago.
  • FedEx air fleet flies more in August
    August was a better month, but express carriers are still flying less than they were a year ago because of slow shipping demand.

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FROM THE HOME PAGE
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
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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