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04 April 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
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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