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30 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.

››› File
FROM THE HOME PAGE
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the first half of 2025, container traffic in the port of Gioia Tauro grew by +10.5%
Joy Taurus
2,186,211 TEUs were handled
A bulk carrier was attacked in the Red Sea
Portsmouth
The crew abandoned the ship which began to take on water
German government allocates 400 million euros to support energy transition in maritime-port sector
Over 78 million euros to the ports of Augusta and Taranto for offshore wind
Rome
Funds distributed over three years starting from 2025
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
Rijeka Gateway Terminal to become operational in early September
Copenhagen
The first ship at the second container terminal of the Croatian port is expected on September 12
Falteri (Federlogistica) urges us to focus on the development of "polycentric" logistics
Genoa
The Simplified Logistics Zone should be the cornerstone of the strategy
Tsuneishi Shipbuilding Co. acquired Mitsui E&S Shipbuilding Co.
Hiroshima/Tokyo
It was renamed Tsuneishi Solutions Tokyobay Co.
Pessina (Federagenti): Northern European logistics system is struggling. Let's take advantage of it!
Rome
Unexpected opportunity - he underlines - for the Mediterranean ports and Italian ones in particular
MSC Cruises Joins Carnival and Royal Caribbean in Capitalizing on Grand Bahama Shipyard
Miami
Negotiations underway since the end of 2024 have been successfully concluded
At The International Propeller Clubs the Dorso Award for the Mediterranean area
Naples
In recognition of the primary role played by logistics operators in Mediterranean traffic
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