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01 July 2025 - Year XXIX
Independent journal on economy and transport policy
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April 4, 2023

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International Transport Journal web site
APRIL 4, 2023
  • Crossing the Rhine
  • On the long haul with 100 e-trucks
  • Five more Boeing 787-9s for EVA Air
  • Supporting a skyrocketing travel retail market
  • Two log tech companies to exploit synergies
  • Expansion in South-Eastern Europe
  • Scanlog picks Lars Lerstorp
  • RWI/ISL: a pessimistic outlook
  • Between Southwest Germany and the USA's Southeast
  • Agility grows through acquisitions
  • Expanded container services in Benelux
  • Ambercor Shipping chooses Josh Havelka
  • Accelleron: good FY/2022 and plans for the future
  • Iraq anchors its position as transit hub
  • LeBlanc named general manager of Aeronet SF
  • More capacity between France and Caribbean
  • Airbus expands its 'make-in-India' activities
  • "Curiosity of the Day"
  • Fashion brand moves to fancy Frihamnen port

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The Loadstar web site
APRIL 3, 2023
  • It's a 'crystal ball' outlook for ocean carrier earnings this year
  • Carrier anger as Nhava Sheva terminal operators hike tariffs
  • Looking for cracks with record WiseTech? Think again
  • SF Airlines boosts capacity at ambitious Hubei hub - but is its timing right?
  • Wan Hai ring-fences $1.5bn for fleet expansion and equipment
  • United flies to the rescue of marooned critical Marshall Islands cargo
  • Maasvlakte II expansion will bring in cross-dock and cold store facilities
  • Automation and safety are developing issues for unions
  • OceanX: China's fast tracks; Mærsk grilled (again); MSC rebrands BAL? Never mind
  • Could a new banking crisis send the airfreight market off course?
  • DSV, Mærsk, DP-DHL & Kuehne - 'top-down' fear strikes back

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Marine Log web site
APRIL 3, 2023
  • Three former Austal USA execs face DOJ and SEC charges
    The U.S. Department of Justice reports that a federal grand jury returned an indictment on March 30 charging three men with orchestrating an accounting fraud scheme at Austal USA LLC, a wholly
  • "Human error" seen in $7.7 million Cathlamet ferry strike on piling
    Washington State Ferries (WSF) has released the findings of its investigation into the July 28, 2022, incident in which its 328 foot long ferry M/V Cathlamet struck one of the mooring dolphins
  • New FMD high-speed engine to be tested for Navy's LUSV platform
    Within months of its introduction, Fairbanks Morse Defense's new high speed engine, the nForcer, is to be tested for the Navy's large unmanned surface vessel (LUSV) platform. FMD has been contracted to
  • Prop SF aims to have 50 Beluga24 ferries in U.S. operation
    In partnership with Swedish-based Green City Ferries, San Francisco area ferry operator Prop SF has ambitions to operate the first fast electric ferry in the U.S. by 2024 and a fleet of

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Container News web site
APRIL 3, 2023
  • Wan Hai holds naming ceremony for new 3,000 TEU container ship
    Wan Hai Lines conducted a ship naming ceremony for WAN HAI 331, which is the first vessel in a line of 3,000 TEU container ships constructed by Taiwan's CSBC Corporation. The new vessel has a total length of 209 meters, a width of 33 meters, a draught of 11 meters, and a maximum cruising speed of 20 knots. In addition, WAN HAI 331 will be delivered in April 2023 and deployed in Asia trade service
  • Konecranes' new Zero4 programme to receive over US$75 million
    Konecranes launched its new Zero4 research and innovation programme to improve the industrial productivity and competitiveness of Finnish companies. Business Finland has granted more than US$75 million to Zero4, part of its broader "Veturi" programme that aims to boost research, development and innovation activities in Finland and create new jobs in the coming years. During the past years in Finl
  • Solent Freeport appoints its first chief executive
    Solent Freeport in the United Kingdom has announced that James Hassett will be its first chief executive and will take over its duties from June 2023. "This addition aims to drive forward the Freeport to become an established hotbed for innovation, a national hub for global trade and investment, and a catalyst for regeneration through the creation of high-skilled jobs," said Solent Freeport in a
  • Seven candidates for Secretary-General of International Maritime Organization
    Seven International Maritime Organization (IMO) member states have each nominated a candidate for the post of Secretary-General of IMO to take over duties from Kitack Lim, which will step down on 31 December 2023. The IMO Council at its 128th session, in December 2022, approved the procedures for holding the election of the Secretary-General at the July 2023 session of the Council (C 129). The el
  • PSA Cargo Solutions and BDP International form new brand
    PSA International's business unit, PSA Cargo Solutions (Cargo Solutions) will combine with PSA's subsidiary BDP International to form a new brand, named PSA BDP. The new company will be led by Mike Andaloro who will serve as PSA BDP's CEO. At the same time, he will lead the new company's Sales and Operations. Earlier in April 2022, PSA International bought BDP and the new PSA BDP brand aims to bl
  • Rijeka Gateway becomes Adriatic's first box terminal with remote-controlled cranes
    Rijeka Gateway, the largest private infrastructure project in Croatia over the last decade, will be the Adriatic region's first port to use remote-controlled cranes and electric cargo handling equipment administered from a central control centre. Machine operators will control and monitor the equipment from a central room via large screens and instrument panels. In addition to comfort and continu
  • Boxship demolition slows to crawl
    The expected tsunami of container vessels sold for demolition is evaporating. Liner operators are intent on chasing market share despite the correction in freight rates, continuing to charter boxships. This has pushed up charter rates and dissuaded owners from scrapping more ships. Clarksons' Shipping Intelligence Weekly indicates that for all of March, just two container ships, MSC's 1989-built
  • Hapag-Lloyd implements new rate increase from East Asia to North America
    Hapag-Lloyd announced a general rate increase (GRI) from East Asia to North America for cargo transported in dry, reefer and special containers, including high cube equipment. More specifically, there will be a rate increase of US$800 per all 20' container types and a US$1,000 increase per all 40' container types. The German ocean carrier said the general rate increase will be applicable to all c
  • Port of Antwerp-Bruges opens new truck parking
    The new free parking facility with 280 parking spaces in Antwerp-Zeebrugge port opened on 31 March and in the near future, the parking area will also host fast chargers for electric trucks. After the truck parking Goordijk (210 spaces) on the Scheldt's right bank, the Port of Antwerp-Bruges is now launching the free parking Ketenis on Scheldt's left bank with 280 parking spaces. Port of Antwerp-B
  • Port of Haifa partners with Ravin AI to improve vehicle inspection process
    Ravin AI, an Israeli company that provides AI-powered visual inspection tools across fleet, rental, used car, and insurance industries, has announced its partnership with the Port of Haifa. More than 40,000 new vehicles enter the port each year, and Ravin will verify the physical integrity of each vehicle. In particular, with the partnership, Ravin's Inspect, Autoscan, and Eye platform will be im
  • COSCO, Hutchison Ports and PSA in eBL agreement
    Global Shipping Business Network (GSBN), Saudi Basic Industries Corporation (SABIC), COSCO SHIPPING Lines, Hutchison Ports and PSA International have signed a non-binding memorandum of understanding (MoU) to enable paperless trade. The agreement will see all signatories leveraging the electronic Bill of Lading (eBL) for export shipments by the shipper SABIC via COSCO SHIPPING's vessels to ports i
  • Crew members kidnapped from oil tanker
    Crew members of the seized Danish oil tanker Monjasa Reformer have been kidnapped, its owner Monjasa said in a statement after locating the ship in the Gulf of Guinea. However, the owner did not give details about the number and the nationalities of the crew members who are still with the pirates. The French Navy found the ship on 30 March after a frantic search off the coast of Sao Tome and Prin
  • Metrans acquires 51% stake in Croatian Adria Rail
    Metrans, a rail subsidiary of Hamburger Hafen und Logistik AG (HHLA), is expanding its network, especially to South-Eastern Europe. Metrans purchased a 51% stake in Croatian Adria Rail, which is a rail transport business that offers train transportation solutions from the Adriatic region to Central and South-Eastern Europe. Adria Rail also operates an inland terminal in the Serbian settlement of

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Splash web site
APRIL 3, 2023
  • Stolt Tankers and Junzheng Logistics JV taps Wuchang Shipbuilding for pair of chemical tankers
    Stolt Tankers' joint venture in China, Shanghai SC-Stolt Shipping has placed an order at Wuchang Shipbuilding for the construction of two chemical tankers. The first of the 9,200 dwt newbuilds is scheduled to be delivered at the end of 2024 and the second in early 2025. No price has been revealed for the duo which ...
  • Beks seals another tanker deal
    Turkish tycoon Ali Bekmezci, and his Beks Ship Management, continue to emerge as the buyer of older tanker units. So far this year, the outfit has had seven ships coming in while one ship has been shipped out. The active Turk is now identified as the taker of the STX-built, 74,000 dwt Energy Champion for ...
  • Castor Maritime flips another vintage bulker
    Cyprus-based bulker and boxship owner Castor Maritime has offloaded another ageing unit for a profit in a very short period of time. The Nasdaq-listed firm has sold its 2005-built panamax bulker to an unrelated third party. The 76,600 dwt vessel was bought from Pavimar in 2019 for around $10m and is now being sold for $13.95m. ...
  • Seven states enter race for IMO secretary general spot
    Seven people from four continents have thrown their hats in the ring to become the next International Maritime Organization secretary general. Since launching the process to elect a successor to Kitack Lim last December, Panama's Arsenio Dominguez, Nancy Karigithu from Kenya, Turkey's Suat Hayri Aka, Dominica's Cleopatra Doumbia-Henry and Moin Uddin Ahmed from Bangladesh have ...
  • Klaveness Marine exits car carrier segment
    Klaveness Marine has exited the vehicle shipping segment through the sale of its stake in Norwegian Car Carriers (NOCC). The private company, controlled by Tom Erik Klaveness and his family, has sold 50% of NOCC to US banking giant JP Morgan for a reported price in excess of NOK1bn ($96.3m). "Our investment goes back more ...
  • Cosco Shipping Specialized Carriers eyes nearly $510m raise for fleet growth
    Cosco Shipping Specialized Carriers is looking to raise up to RMB3.5bn ($509m) to fund fleet expansion. A unit of Cosco Shipping Group said it plans to use the proceeds for the leasing of 29 multipurpose pulp carriers between 62,000 dwt and 70,000 dwt. The funds would also be directed towards a 65,000 dwt semi-submersible heavy ...
  • Saipem reveals $650m worth of new offshore contracts
    Italian energy services contractor Saipem has sealed five new deals worth a total of around $650m. The Milan-headquartered firm has confirmed the award by Azule Energy for the Agogo full-field development project offshore Angola. The contract covers the engineering, procurement, construction and installation (EPCI) of rigid pipe-in-pipe flowlines with associated subsea structures. Saipem will mob
  • J. Lauritzen signs for methanol-powered bulkers in Japan
    Denmark's J. Lauritzen has signed a letter of intent with Tsuneishi Shipbuilding for the construction of at least two methanol dual-fuel kamsarmax bulk carriers. The 81,200 dwt vessels, capable of running on green methanol and biodiesel, will be among the very first zero-emission capable bulkers in the world, J. Lauritzen said. The units will be ...
  • Tanker tonne-mile picture shifts again with OPEC's surprise cut
    The ever shifting seaborne oil map has received another jolt with OPEC+'s surprise 1m barrels per day output cut. The news comes as analysts had been talking up prospects for tanker tonne-mile growth. Analysts at Jefferies described the decision by the oil producing cartel to cut output from May as a negative development for VLCCs, ...
  • Box scrap candidates find new trading owners
    The predicted wave of boxships heading for demolition is proving to be a trickle. Ships are still making money, whatever their age, and demo candidates are finding new owners rather than the blow torch. Around the start of the year many of container shipping's top analysts were predicting hundreds of thousands of teu worth of ...
  • Nicolas Saverys plotting to take Exmar private
    Nicolas Saverys is planning to launch a voluntary and conditional public takeover bid for all shares in Belgian gas shipowner and infrastructure provider Exmar. Saverys' investment vehicle Saverex would offer €12.10 in cash for each share it does not already own, a premium of 24.74% over Exmar stock's closing price on March 31 and some ...
  • Chinese selling capes
    Chinese owners are selling capes. March was an active month for Chinese accounts, with a string of prominent players tapping into the ongoing upturn for cape prices. Owners deciding to let go include Hong Kong cape specialist Peter Mok, and his Vision Ship Management, who has let go of one of his three remaining Chinese-built ...
  • Liner shipping forecast to make $43.2bn profit in 2023
    A usually reliable source of container financial forecasts has made a call on 2023 fortunes for the liner industry, suggesting this year could be the third-best combined annual results in the history of the sector. John McCown, whose Blue Alpha Capital quarterly liner profit reports have become essential reading during box shipping's record earnings run ...
  • COSCO orders four 16,000 teu ships
    COSCO has placed orders for four 16,000 teu ships at its affiliated yard in Yangzhou for an undisclosed price basis delivery in the second half of 2025. According to Maersk Broker, the last vessel in the series will have methanol dual fuel propulsion, while the first three will have engines ready for methanol conversion. Last ...
  • BW Offshore stretches deals for ageing FPSOs in Africa with one being explored for sale
    BW Offshore has agreed two short-term extensions for the lease and operation of its floating production, storage and offloading units operating in Africa while it explores the potential sale of one of them. BW Group's Oslo-listed floater specialist has stretched its deal with Eni's subsidiary Nigerian Agip Exploration, to keep the 1976-built FPSO unit Abo ...
  • Lotus rolls out 53 ft container offering across North America
    German container leasing firm Lotus Containers has extended its product line with 53 ft intermodal containers aimed at the North American market. It follows on from the group's launch last summer of CARRIER53, a shipping line focused on the carriage of these oversized boxes. Among the advantages of 53 ft containers, according to Lotus, are ...
  • APM Terminals gears up for significant expansion at Rotterdam
    APM Terminals has announced a massive EUR1bn ($1.08bn) expansion of its Maasvlakte II terminal in Rotterdam. The project involves a site of approximately 47.5 ha with 1 km of deepsea quay. The Port of Rotterdam Authority is now constructing the new quay walls, which will be completed by mid-2024. The expansion will increase the terminal's ...
  • Sembcorp Marine rebrands as Seatrium
    Fresh from its combination with Keppel Offshore & Marine, Sembcorp Marine will rebrand to Seatrium, pursuant to shareholder approval. The new name is a "reflection of the business and its aspiration to be a premier global player providing innovative engineering solutions for the offshore, marine and energy industries", the company said in a release. Singapore's ...
  • ADS takes option on VLCC stake
    Terje Bodin Larsen-led ADS Maritime has declared an option to keep its stake in VLCC for another year on the back of a positive market tanker market outlook. The Oslo-listed company bought into the Taiwanese-owned vessel in May 2022 and holds a 20% stake. "We think this is an attractive opportunity to continue our exposure ...
  • SBM Offshore fixes $1.63bn financing for Brazil-bound FPSO
    Dutch floater specialist SBM Offshore has secured $1.63bn project financing for the floating production, storage and offloading (FPSO) vessel Almirante Tamandaré set for Pertobras' Búzios field in the Santos Basin. The financing is provided by a consortium of 13 banks, composed of five separate facilities with around 6.3% weighted average cost of debt and a ...
  • War in Yemen and risks to shipping
    Shaun Robertson, an intelligence analyst at Palaemon Maritime, on the ongoing threats to commercial shipping brought about by instability in Yemen. Despite the removal of the Indian Ocean high-risk piracy area at the beginning of 2023, security in the area is at risk from other threats. Notably, the civil war in Yemen is a primary ...
  • NKT wins $543m UK wind farm cabling contract
    Danish offshore cabling specialist NKT has been awarded a €500m ($543.5m) supply contract for the delivery of an export cable system to the Ørsted-developed Hornsea 3 project in the UK. The contract covers the design, manufacturing, jointing and termination of the system, which will include two circuits with a route length of around 170 km ...
  • SFL offloads chemical tankers as latest suezmax sale fetches higher price
    John Fredriksen-controlled diversified owner SFL Corporation has agreed to sell two of its ageing chemical tankers and landed a stronger price on its previously reported suezmax disposal. The New York-listed company has offloaded the 2008-built 17,000 dwt units SFL Elbe and SFL Weser, former Maria Victoria V (pictured) for $19.5m on a debt-free basis. The ...
  • Ports of Indiana seeking new operator of international agricultural shipping terminal
    Ports of Indiana has issued a request for qualifications (RFQ) to identify potential operators of the international agricultural shipping terminal at Ports of Indiana-Burns Harbor, located at the south end of Lake Michigan, close to Chicago. The 7m-bushel terminal has transload capabilities for ocean ships, lake vessels, river barges, unit trains and trucks. This is ...

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Lloyd's List web site
APRIL 3, 2023
  • Former executives at US navy shipbuilder indicted for fraud
    Defendants accused of falsely inflating reported earnings of shipbuilder that constructs naval and coast guard vessels, federal prosecutors said
  • Port of New York and New Jersey moves most cargo in February
    Despite a sharp year-on-year decline, the port moved just 2.4% less cargo than in February 2019 last month
  • Shipping more attractive to bankers despite Credit Suisse collapse
    Rare conjunction of high interest rates and simultaneously strong markets in all three key industry segments making lending to shipping...
  • Cosco unit aims to raise $500m to fund fleet growth
    Company controls a fleet of 18 pulp carriers in service, with 19 on order. It is said to be ordering...
  • Vessel cascading returns to boxship market
    Boxship deployment is reverting to previous historical trends. Newer, larger tonnage is again pushing older vessels on to lower volume...
  • Saverys plan to take Exmar private
    Exmar board has 'unanimously resolved to support and recommend the bid'
  • Oil production cut not expected to derail tanker boom
    Long-term fundamentals remain firm given the absence of a severe global recession. Current VLCC time charter rates are said to...
  • Greeks stress shipping's need to play key role in EU green plan
    Decarbonisation of sector must be ambitious but also realistic, says union head Melina Travlos
  • Euronav says large tanker market positioned for long upcycle
    War in Ukraine, the US reserve build-up, new emissions rules and a possible return of Chinese demand all look good...
  • Turkish hopeful to lead IMO pledges to work for seafarers
    Türkiye has secured Greek support in the upcoming elections for IMO secretary general following high-level discussions in exchange for support...
  • IMO leadership race wide open as China and Finland vie for power
    China and Finland have entered the leadership battle at the IMO, skewing previous odds that suggested Panama was the country...
  • J. Lauritzen orders methanol dual-fuelled kamsarmaxes backed by Cargill
    Cargill will operate the vessels, which are being built at the Tsuneishi yard in Japan
  • APM Terminals to expand Rotterdam's Maasvlakte II
    Maersk's flagship European terminal is expanding capacity with another 1,000 m of quay space
  • MOL expects record-high profit for second consecutive year
    'Thanks to a strong shipping market and the effects of a depreciating yen, our financial results for the past fiscal...
  • Yangzijiang Shipbuilding to acquire a Singapore office for $399m
    Unit of shipbuilder buying 39 Robinson Road, a 21-storey freehold commercial building in Singapore's Central Business District
  • China's coal and steel demand expected to remain stable
    Risks include a weak property market and a possible steel production cap by the government. Long-term prospects seem bleak
  • The week in newbuildings: Vehicle carrier orderbook hits 138 ships
    China Merchants Energy Shipping firms up a shipbuilding contract for two methanol-fuel large car and truck carriers, while HMM has...
  • The week in charts: Türkiye's bulk exports decline | Broker warns of 'Mexican standoff' | Containership demolition sales on rise
    Türkiye's bulk exports drop after last month's earthquakes, secondhand tanker values could see movement, and boxships head for recycling
  • Adani's east India terminal receives first LNG cargo
    Terminal's operations forecast to boost India's regasification capacity to 47m tonnes per annum
  • Daily Briefing
    Majority of tankers shipping Russian oil comply with price cap | The Ukraine effect: Black Sea trade one year on...

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The Journal of Commerce web site
APRIL 3, 2023
  • NY-NJ gets rail grant as port seeks to grow intermodal franchise
    The Port of New York and New Jersey aims to complete a project in the next two years designed to speed the movement of intermodal trains as other ports along the East Coast jockey for discretionary cargo.
  • Cosco reports $19 billion profit for 2022, but outlook comes with 'challenges'
    A series of challenges lies ahead for the container shipping industry, but the effects of slowing demand and a surplus of capacity will be softened by a record financial performance in 2022.
  • Carriers implement sailing cuts amid berth work at India's JNPT
    On top of erratic berth availability at JNPT, ocean carriers have received a cost escalation blow with India's national port regulator approving significant tariff hikes at two key terminals.
  • CMA CGM air cargo deal with Air France-KLM takes off
    The 10-year partnership between Air France-KLM and CMA CGM will dramatically expand the available air cargo capacity and global network of the France-based fleet.
  • Shipper savings to rocket in 2023 at expense of carrier profits: analysts
    The normalization of container shipping markets on the major trade lanes out of Asia will slash carrier profits this year, but falling rate levels will also yield significant savings for shippers.
  • Shipping reform would not have prevented pandemic-era disruption: analyst
    While it may be easy to understand the desire to fix container shipping's perceived problems with government intervention, no amount of reform would have prevented the shortage of capacity or record freight rates during the pandemic disruption, writes analyst Lars Jensen.
  • APM plans to double container capacity at Rotterdam terminal
    APM said the new section of the terminal will operate with net-zero emissions and be fully automated and prepared for shore power installation.

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TradeWinds web site
APRIL 3, 2023
  • Finland emerges as surprise European candidate as China joins election race for IMO head
    Cyprus drops out of election to be next IMO secretary general as seven candidates confirmed for July election
  • Goran Gogic in plea negotiations in MSC drug smuggling case
    Former boxer's lawyer requests to push back a hearing because negotiations over a plea were 'early stages'
  • Finland the surprise European candidate as China joins election race for IMO head
    Cyprus drops out of election to be next IMO secretary general as seven candidates confirmed for July election
  • Big commodity traders withdraw from Russian grain business
    Louis Dreyfus Co, Viterra and Cargill seek to disentangle themselves from direct dealings with Russia
  • Three Austal USA executives indicted for allegedly cooking books to meet analyst consensus
    Executives accused of artificially lowering shipbuilder's construction costs by $438m over 3.5 years, SEC says
  • Independent Freight Forward Agreement Association committee launches with an all-star cast
    Baltic Exchange appears to have given its blessing to the breakaway organisation
  • Imperial Petroleum cuts debt by a third after repaying DNB loan
    US-listed bulker and tanker owner says it is now net-debt free
  • Giants MSC and CMA CGM keep container ship markets bubbling
    Secondhand ships purchased by MSC amount to the world's seventh largest carrier
  • High court rules in favour of Smit in legal row over Ever Given salvage
    Court rules Japanese shipowner had not agreed to contractual salvage terms with Smit
  • Brave steps up buying spree with capesize pair from Goodbulk
    The Vafias group skillfully combines dry bulk expansion with tanker asset play moves
  • 'Sharp correction' slashes VLGC rates by 41%
    Narrowing price gap between US and Asia sees heat taken out of the market, Clarksons Research says
  • EU backs Hanwha Group takeover of shipyard DSME
    The bloc's competition authorities had previously blocked a deal by HD Hyundai for the South Korean shipyard
  • Delfin Midstream poised to give go-ahead to first FLNG unit for US Gulf
    The company is already in talks with offtakers on floater number two as it basks in fresh investor interest in LNG
  • Podcast: Cruise sector says 'we need new fuels' as carbon takes centre stage
    Green Seas audio edition visits the Seatrade Cruise Global conference in Fort Lauderdale, where greenhouse gas emissions were prominent on the agenda
  • Ports and contracts among new frontiers for digital transformation at Cargill Ocean
    Optimising port time requires not just data but ensuring all vessels at a terminal are on board
  • Global fleet will need 200 wind vessels at a cost of $20bn, say Clarksons
    UK shipbroker says newbuilding costs may have gone up, but rates are also soaring
  • Chevron and NewMed select yards for Leviathan FLNG dual FEED contracts
    Long-planned floating LNG plant off Israel moves forward again, almost nine years after shipbuilders bid for earlier floater
  • Tomini bulk carrier rescues Malaysian families from capsized boat
    UAE owner praises selfless actions of crew in Philippines waters
  • Salvors seek to plug leaks from sunken tanker off the Philippines
    The wreck is at a depth of 400 metres with more fuel and oil cargo still onboard
  • Opec+ production cuts to hit tanker trades
    Analysts predict less oil on the water as a result of Saudi-led cut
  • Euronav plots $242m catch-up dividend after bumper profit
    Belgian tanker owner releasing cash withheld while work was being carried out on Frontline merger
  • Cargill moves for more methanol-fuelled bulk carriers by backing Lauritzen order
    Order is a vote of confidence for methanol as a zero-carbon marine fuel
  • Transport Capital hires HBC Hamburg bulk's former CFO Tom Zachariassen
    The fresh role in Singapore sees Zachariassen return his focus to the South and South East Asian markets
  • 'Pure value investment': J Lauritzen takes stake in Scorpio's Eneti
    Danish investment company widens wind shipping reach following Cadeler deal last year
  • 'I thrive on challenges': How Cargill's Eman Abdalla stumbled into shipping and couldn't turn back
    Operations director for a fleet of 700 ships sees different perspectives as priceless assets
  • Saverys to take Exmar private in $397m shareholder buyout bid
    Directors of the debt-free Belgian gas players are backing the offer
  • Klaveness Marine frees $96m by selling 50% stake in NOCC to JP Morgan
    Tom Erik Klaveness company has owned half of car carrier company since 2014
  • Goodbye Sembcorp Marine, hello Seatrium Limited
    Singapore's largest shipyard group is proposing a name change as part of its post-merger rebranding
  • SFL Corp exits product tankers - and ups suezmax price
    John Fredriksen-controlled tonnage provider says it will take an impairment of $7m on the deal to offload clean ships
  • Niels Stolt-Nielsen would rather pay top dollar for newbuildings than secondhand tankers
    Norwegian group's CEO says the cost of existing vessels is now too high for more acquisitions
  • Monjasa Reformer kidnapping toll rises to six after tanker found by French navy
    Vessel located six days after it was boarded off the Republic of Congo
  • ABS-led consortium aims to bring ammonia bunkering to US east coast
    Initial focus of study will be on containership market but with potential to expand to vehicle carriers
  • Last of the Doxford diesels gets the chop as recycling volumes hit three-year low
    An Indian drillship with a now unique engine was one of only three ships sold for recycling last week
  • VLCCs set to benefit from latest Saudi refinery investments in China, says Poten
    Deal cements Middle East producer's position as one of the key suppliers of crude oil to China for decades to come

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American Shipper web site
APRIL 3, 2023
  • Mighty fall: Container line profits plummet from historic peak
    The trend in container shipping is summed up by the adage, "The higher you climb, the further you have to fall."
  • Air France-KLM and CMA CGM activate cargo partnership
    Air France-KLM and French all-cargo carrier CMA CGM Air Cargo are combining forces to attract customers and better utilize their assets.
  • Port of Oakland terminal's prospect as A's stadium site advances
    A plan to convert the Howard Terminal at the Port of Oakland to a baseball stadium has moved forward, but the project's fate is far from certain.

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FROM THE HOME PAGE
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Rome
Messina: State Aid regime needs to be redesigned for European shipyards
In the first four months of 2025, maritime container traffic between Asia and Europe grew by +4.8%
Tokyo
-6.4% drop in shipments to Asian ports. +9.0% increase in unloading volumes in Europe
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Geneva
Recovery driven by importers who brought forward purchases in view of expected tariff increases
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
In April, ship transits through the Suez Canal decreased by -7.7%
In April, ship transits through the Suez Canal decreased by -7.7%
Cairo
In the first four months of 2025, the decline in maritime traffic was -14.9%
Port of Genoa, green light for extension of concession to Spinelli until September 30
Genoa
Ok also to the extension to the Campostano group
The National Maritime Fund has started the recognition of scholarships
Genoa
They are granted for basic training and security familiarization courses.
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
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 Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
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