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24 April 2025 - Year XXIX
Independent journal on economy and transport policy
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July 6, 2023

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Exim India web site
JULY 6, 2023
  • China United Lines announces upgrade to its China Indian Subcontinent Service
  • YOU ASK.. WE ANSWER...
  • Global container shipping outlook: Pressure mounts amid flood of new capacity
  • Manjit Singh Saini takes charge as SCI's new Director (P&A)
  • OOCL update for Q2 & H1
  • IMO mulls penalty on shipping firms for GHG emissions
  • Maersk's new Warehousing & Distribution and Cold Store facility in Dubai
  • PSA International to acquire minority stake in Duisburg Gateway Terminal
  • Report shows many G20 export restrictions remain in place, including on food & fertilisers
  • INDIAN PORTS ASSOCIATION
  • Major Ports' traffic dips in June
  • India's ops at Chabahar port commercially viable, says Minister
  • India, Russia keen to make Vladivostok-Chennai route operational
  • Import duty cut on soybean urged
  • Association of Multimodal Transport Operators of India celebrates Gala Dinner to honour AMTOI Legends on AMTOI Day
  • India asks IMO to focus on a 5 pc zero carbon marine fuel mix by 2030
  • India open to FTAs with African countries: Goyal

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International Transport Journal web site
JULY 6, 2023
  • Looking south
  • Golden 22%
  • Lobito-Atlantic railway in Angola soon in operation
  • Röhlig Logistics picks Simon Albrecht
  • A new strategic associate for Cargo IQ
  • Cargo-Partner opens hub in Turkey
  • Multiple factors driving decarbonisation
  • PIL's new service sets sail
  • Bruna Ventura to be managing director for Brazil
  • The first ten (or 50)
  • Simon Hegele acquires 75% of CST Transport
  • HHPI to rent 110 more wagons
  • Philippine ports see container throughput rise
  • Gebrüder Weiss: new chair for supervisory board
  • King Abdulaziz Port hits another record
  • Online Systemlogistik banking on "Green Cargo"
  • Electric cargo bikes to supply bakeries
  • "Curiosity of the Day"
  • Maastricht Aachen Airport unveils upgraded runway

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The Loadstar web site
JULY 5, 2023
  • Cyber attack cripples Nagoya port operations
  • CMA CGM hikes rates even as record ultra-large newbuild tonnage sails in
  • US & Europe: 'Top 8' - for whom the earnings bell tolls the hardest
  • 'Another nail in the coffin' - congestion on Canada's west coast
  • CMA CGM pilots strike over working conditions, amid doubts over CEO's future
  • MSC or not, look at Wilson Sons - M&A arbitrage signs...
  • 'China+1' reshoring trend could provide a fillip for air freight
  • OOCL the most efficient carrier on USEC-Far East tradelane
  • MEPC 80: Emission target tension rises as NGOs and protest groups pile in
  • Evergreen looks closer to home to replace ageing feeders
  • Bank seizes €1m after DB Schenker fails to pay drivers compensation

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Marine Log web site
JULY 5, 2023
  • BOEM approves first N.J. offshore wind farm, Ocean Wind 1
    The Bureau of Ocean Energy Management has issued its Record of Decision (ROD) approving the plan for construction and operations of Ørsted's Ocean Wind 1. To be located about 13 nautical miles
  • San Francisco Bar Pilots take delivery of new Camarc 22
    The San Francisco Bar pilots have recently taken delivery of a new pilot boat from Snow & Company, Seattle. Called Golden Gate, it is the latest all-aluminum pilot vessel in the Camarc
  • B.C. ports labor dispute drags on
    While the U.S. West Coast ports labor dispute last month reached a point where a tentative labor agreement could be reached, there's as yet no sign of any such breakthrough in Canada's

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Container News web site
JULY 5, 2023
  • Two on duty security personnel died at Chittagong port yards
    Two on-duty security personnel died in Chittagong port this week, one being hit by a straddle carrier while the other died after feeling ill. Of the two deceased, one namely Zayed Miah is a member of Bangladesh Ansar and VDP, a paramilitary auxiliary force. He was deployed in the port area on deputation to ensure the security of containers and persons enter in the area. The other one Mahbubur Rah
  • MSC builds 1 million TEU lead over Maersk
    Mediterranean Shipping Company (MSC) has extended its capacity lead over Maersk Line, 1.5 years after surpassing its Danish rival as the largest liner operator. Following aggressive newbuilding orders, long-term vessel charters and acquisitions of secondhand vessels, MSC's fleet now stands at around 5.13 million TEUs, nearly 1 million TEUs more than Maersk Line's 4.14 million TEUs. In its report,
  • SCFI rises for first time in four weeks
    Shanghai Shipping Exchange (SSE) reported that the composite Shanghai Containerized Freight Index (SCFI) closed at 953.6 points in Week 26. More specifically, rising 3.2% from the previous week, the composite index increased for the first time in four weeks due to double-digit growth in spot rates from Shanghai to North America. Moreover, spot rates for ex-Shanghai container exports showed unfavo
  • Evergreen, PIL, CULines and RCL launch revamped intra-Asia service
    Pacific International Lines (PIL), Regional Container Lines (RCL), China United Lines (CUL) and Evergreen Marine Corp (EMC) launched a revamped weekly direct service connecting key ports in China, Singapore, the West Coast of India and Pakistan. PIL names the service China-Subcontinent Express service (CSE) and it will commence on 17 July 2023 from the port of Shanghai. The service will be operat
  • Maersk opens new Cold Store facility in Dubai
    Maersk has announced the launch of a new Cold Store facility spread over 13,000 m² at Dubai Industrial City, a member of TECOM Group PJSC, to serve the fast-moving consumer goods (FMCG) sector. Maersk said its third warehousing & distribution (W&D) facility in Dubai is "strategically located when it comes to connectivity to Jebel Ali Port, Al Maktoum International Airport, direct road access acro
  • PSA becomes shareholder in Duisburg Gateway Terminal
    Singapore-based port and terminal operator PSA International has agreed to purchase a 22% share in Germany's Duisburg Gateway Terminal GmbH (DGT). The agreement is subject to approval by competition and regulatory authorities in Germany. When the purchase is completed, PSA will join Hupac, HTS, and duisport as shareholders in DGT. DGT will be a container terminal in the Port of Duisburg and is ex
  • OOCL reports significant revenue decline amid steady box volumes
    COSCO-owned Orient Overseas Container Line (OOCL) reported total revenues of US$1.98 billion for the second quarter, translating to a huge year-on-year 62.6% decrease, while the company's revenues for the first six months of 2023 fell by 60.2% to US$4.15 billion. On the other hand, the total number of liftings grew slightly by 1.3% in the second quarter of the year reaching 1.86 million TEUs. Add
  • Valenciaport and Illescas Town Council ink multimodal station deal
    José Manuel Tofiño, mayor of Illescas Town Council, and Joan Calabuig, president of the Port Authority of Valencia (PAV), signed a Protocol for the collaborative promotion of the Iberum multimodal central platform's future rail freight terminal. The initiative includes the intention of the parties to form a majority public company (50% between the City Council and the Port Authority of Valencia)
  • CMA CGM upgrades rail service in Germany
    CMA CGM has announced the expansion of its rail service in Germany to serve the Ruhr area, particularly Duisburg and its surroundings. The updated Rail Shuttle will follow the following route: Rotterdam (Netherlands) - Duisburg D3T (Germany) - Rotterdam. The French transportation company said the upgraded service is effective from July and offers a rail shuttle with three weekly departures from/
  • Tianjin Port records steady growth in container throughput
    China's Tianjin Port, located on the Bohai Sea, handled over 9.12 million TEUs of containers in the first five months of this year, up 7.7% year-on-year. Moreover, the Chinese port's cargo throughput totalled 231 million tonnes in the January-May period, representing a year-on-year increase of 2.4%, told Chu Bin, chairman of Tianjin Port (Group), in a press briefing. Chu Bin said that Tianjin por
  • ICTSI launches new decarbonisation roadmap
    International Container Terminal Services, Inc. (ICTSI) is moving towards a more sustainable future with the launch of a new climate change initiative. ICTSI aims to create a roadmap to set decarbonisation targets for the entire ICTSI Group to include all terminals, covering Scope 1 (direct emissions) and Scope 2 (indirect emissions from generation of purchased electricity). The global port opera
  • MSC giant boxships continue calling at Port of Sines
    MSC Michel Cappellini, one of MSC's giant container vessels with a box capacity of 24,346 TEUs, called at the Port of Sines' Container Terminal. The Portuguese port continues to set records and maintains a regular presence on the route of mega container carriers with capacities exceeding 24,000 TEUs, having received the 24,116 TEU MSC Tessa in April that handled around 4,000 boxes in port. MSC Te
  • UK Chamber of Shipping reacts to inclusion of shipping in domestic emissions trading scheme
    The UK Chamber of Shipping has called for funds raised from the inclusion of domestic shipping in the UK's Emission Trading Scheme to help not hinder the drive to net zero. In response to the announcement that domestic shipping will be included in the UK's Emission Trading Scheme (ETS) beginning in 2026, a representative for the UK Chamber of Shipping stated: "This announcement is a significant s
  • Maersk ceases calling Melbourne on Southern Star service
    Maersk has decided to remove the port of Melbourne from the Southern Star service rotation, returning to its standard rotation. Effective from mid-July, the updated Southern Star rotation will be Tanjung Pelepas (Malaysia) - Singapore - Sydney (Australia) - Tauranga (New Zealand) - Napier (New Zealand) - Lyttleton (New Zealand) - Port Chalmers (New Zealand) - Tanjung Pelepas The first vessel with
  • bound4blue installs two 17-meter-high eSAILs® on general cargo ship
    The wind propulsion company bound4blue placed two eSAILs on the Amasus-owned Eems Traveller, a 2,850 deadweight tonnage (DWT) general cargo vessel. The eSAIL suction sail system depends on the utilisation of a thick aerodynamic profile and smart suction to boost propulsive efficiency, resulting in a system that produces seven times the lift of an airplane wing. These sails are supposed to represe
  • Container Throughput Index marks slight increase in May
    Container Throughput Index of the RWI-Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) reached 123.4 points in May, an increase of 1.1 points from 122.3 points in April. More specifically, it marked the fourth consecutive month of growth in container throughput. At the same time, it has not yet reached the level of the summer of last year. Additi

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Splash web site
JULY 5, 2023
  • PSA snaps up Duisburg terminal stake
    Singapore-based terminal operator PSA International has agreed to acquire a 22% of Germany's Duisburg Gateway Terminal (DGT) currently under construction at Europe's top inland port. With an area of 235,000 sq m, DGT will be the largest and the first 100% climate-neutral container terminal in the European hinterland when completed. The first construction phase is ...
  • BW Ideol firms up France-backed project development spinoff
    BW Group's floating wind company, BW Ideol, will spin off its project development activities into a new company backed by up to €40m from French state-owned financier ADEME Investissement. The deal will see BW Ideol transfer its co-development project portfolio to BW Ideol Projects Company with ADEME initially investing €17,85m. Subsequent capital injections will be ...
  • Gram Car Carriers offloads two smaller ships for $43.5m
    Norway's Gram Car Carriers (GCC) has taken advantage of "historically high" secondhand values to cash in on two smaller and older vessels. The Oslo-listed third-largest tonnage provider within the car carrier segment with 19 owned ships has sold the 1996-built 1,000 ceu Viking Princess and the 2010-built 2,000 ceu Viking Constanza to an undisclosed European ...
  • Monjasa reveals Singapore bunker tankers move
    Danish bunker supplier Monjasa is expanding its fleet in Asia, with plans to bring in three tankers to the world's top bunkering port this year. The company, which supplies 1m tonnes of marine fuels across Asia each year, has already deployed one tanker to service Singapore, and two further ships are expected to join later ...
  • Valaris adds five more deals worth $150m to backlog
    Offshore drilling company Valaris has raked in new contracts for three of its rigs worth around $150m. Valaris said that it won two deals for one of its semi-submersibles while the remaining three deals were for two jack-up drilling rigs. The company received a two-well contract with Anadarko Petroleum, a wholly owned subsidiary of Occidental, ...
  • Ransomware attack cripples Japan's biggest port
    The Port of Nagoya in Japan has become the latest big name in maritime to be hit by a ransomware attack. A crippling system glitch was detected on Tuesday morning, after which the port has been unable to load and unload containers from trailers. An investigation has been launched into the attack, which according to ...
  • Baker Hughes supporting Equinor's Brazilian FPSO construction
    Oilfield services giant Baker Hughes has been hired by one of the world's largest FPSO players Modec as a supplier for Equinor's BM-C-33 project off Brazil. Baker Hughes said that it would supply gas technology equipment for the BM-C-33 FPSO. More precisely, turbomachinery equipment including LM2500 gas turbine generators and steam turbine generator technology. The ...
  • Island Drilling semisub secures more work in Equatorial Guinea
    Norwegian rig owner Island Drilling has seen two options exercised on its 2012-built semisub offshore Equatorial Guinea. Trident Energy has booked the rig for development drilling and workover adding another 85 days to the contracted work that should keep the unit busy for around three months. The campaign is planned to start in September or ...
  • CMA CGM drops Containerships brand name
    CMA CGM has dropped the Containerships brand, with all of the Finish subsidiary's services coming under the unified CMA CGM name. The French liner giant acquired Containerships from Finland's Container Finance in 2018 and retained the brand for its intra-European services. In 2019, CMA CGM merged its two shortsea specialists, Containerships and MacAndrews, under one ...
  • Equinor extends Transocean rig stay in Norway until early 2026
    Norway's Equinor has exercised six one-well options for one of Transocean's harsh environment semi-submersible drilling rigs. The drilling rig in question is the Cat D rig which has been working for Equinor since its delivery in 2015. It was supposed to end its eight-year contract with the Norwegian energy major in December 2023 but a ...
  • Esvagt and Ørsted double up on methanol-powered SOVs
    Denmark's offshore shipping player Esvagt and offshore wind giant Ørsted have sealed a deal for a second methanol-powered service operation vessel (SOV). Esvagt is already building a 93-m-long SOV in Turkey, set to enter service by the end of 2024 at the world's largest offshore wind farm, Hornsea 2, off the UK's east coast. The ...
  • Masdar set to take slice of Iberdrola's German wind farm
    Spanish electric utility company Iberdrola is reportedly set to form a strategic tie-up with Abu Dhabi-based renewable energy company Masdar to jointly develop a 476 MW wind farm in the German Baltic Sea. According to Spanish business daily Expansión, the duo has signed an exclusivity agreement that could see Masdar take up to 49% stake ...
  • Mintra acquires online maritime training firm Seably
    Norwegian provider of digital learning and human capital management systems, Mintra, has acquired Swedish online maritime training firm Seably. The Bergen-based firm said the move highlights its "accelerated growth" in the global maritime sector and is the next step in the strategic goal of rapid market share increase. "This is a significant milestone for our ...
  • Watered-down final text from MEPC on the cards
    Midway through this week's crucial Marine Environment Protection Committee (MEPC) gathering and there is now a very real risk of member states of the International Maritime Organization (IMO) failing to deliver clear goals and economic measures to decarbonise shipping. MEPC80 was expected to bring the industry revised green targets for 2030 and 2050 as well ...
  • Wrecked bulker off Gibraltar lifted onto semi-sub
    The removal of the wreck of the bulker has kicked off with both sections of the hull being placed on the semi-submersible vessel Fjord. The removal of the vessel from Gibraltar waters comes some 10 months after it collided with an LNG carrier in late August 2022. Surveys of the seabed are underway to ensure ...
  • MSC bags Sinokor resales
    Mediterranean Shipping Co (MSC), the world's largest containerline, has pounced for a pair of boxship resales in South Korea. Alphaliner is reporting MSC has bought two Sinokor 8,000 teu ships under construction at Hyundai Heavy Industries, paying $100m per unit for the vessels which will deliver in the first half of next year. The two ...
  • No sign of a truce on the Canadian west coast
    Day five of the port strikes across the Canadian west coast and the calls for the federal government to intervene are growing. Talks between maritime employers and the union involved are deadlocked over maintenance work, both sides say. Canada's branch of the International Longshore and Warehouse Union (ILWU) started the strike on Saturday. The ILWU's ...
  • Shipowners need a new approach to green finance
    Environmental performance is an increasing focus in all financing discussions, so shipowners need a clear decarbonisation strategy to secure funding, says Sean McLaughlin, strategy consultant at Houlder. Understanding financial incentives and disincentives is key to navigating shipping's decarbonisation transition, yet many shipowners, as well as clean technology and clean fuel providers, can fin
  • Yangzijiang buys ultramax at auction
    YZJ Shipping, the shipowning arm of Yangzijiang Shipbuilding, has put more of its money into its fleet. The outfit has tabled $28.9m for the three-year-old 61,000 dwt ultramax, Great Spirit, a ship built at Dalian COSCO KHI. The Wah Kwong-controlled ship was sold via an online auction, basis delivery end of the year. Yangzijiang diversified ...

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Lloyd's List web site
JULY 5, 2023
  • Gram Car Carriers cashes in on high asset values as it offloads PCTC pair
    Oslo-listed non-operating owner of pure car and truck carriers is taking advantage of high asset values of secondhand tonnage to...
  • Chevron-managed tanker shot at off Oman
    The US Navy said it intervened to stop Iran from seizing two tankers on Wednesday. The motive behind the attacks...
  • Marine insurers prepare for possible collapse of Black Sea grain corridor deal
    Underwriters still ready to cover risks for the right premium, which past precedent suggests could be up to 5%-10% of...
  • No shortage of purge-worthy vessels in Panama detention list, but is it willing to pay the price?
    A Lloyd's List analysis of Panama-flagged ships detained between 2020-2022 shows the largest flag registry should have plenty of tonnage...
  • Ukraine warns IMO of Black Sea ballast water dangers after dam explosion
    The Black Sea faces an environmental catastrophe as polluted freshwater from the Kakhovka dam explosion impacts coastal biodiversity and spreads...
  • New ECAs planned in North-East Atlantic and Canadian Arctic
    The proposed Emission Control Area in the North-East Atlantic for sulphur oxide, particulate matter and nitrogen oxide emissions would link...
  • Costamare attracts Maersk's Lund for chief commercial officer job
    Lund was with Costamare for prior stint in Singapore
  • China's Bestway and Yangzijiang affiliate team up on newbuild order
    Delivery of the bulker vessel is slated for June 2024, with that of the containerships set to start a year...
  • MSC continues clear-out of old ships as it sells ninth boxship for recycling
    A total of 31 containerships have been sold for scrap so far this year with a combined capacity of around...
  • Pacific Islands disappointed in disinformation surrounding the GHG levy
    Representatives of two Pacific Islands said they were disappointed to see the disinformation regarding the levy, suggesting they are open...
  • Daily Briefing
    Developing countries pushing back on GHG levy at IMO | Environmental groups say IMO talks 'already failing' as climate change...
  • Backlash over call for global interim guidelines for marine biofuels
    India tells International Maritime Organization that some flag states are already assigning biofuels with a zero-emission conversion factor when calculating...

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The Journal of Commerce web site
JULY 5, 2023
  • New capacity wave heading for trans-Pac trade: Sea-Intelligence
    The long-anticipated wave of container ship newbuildings will hit the water by the end of August, despite a weak cargo market that threatens to keep the new ships underutilized.
  • Duisburg terminal stake extends PSA reach into Europe
    The global port operator is bolstering its multimodal supply chain capabilities with an investment that increases its already significant presence in the region.
  • UPS, Teamsters break off contract talks
    UPS and the International Brotherhood of Teamsters are battling on the brink of a potential strike, with both sides claiming the other has walked away from the negotiating table.
  • First-half revenue, earnings contract sharply at Cosco, OOCL
    The extent to which the rapidly cooling container shipping market is hurting China's main carriers is likely to be repeated across the industry as reporting season approaches.
  • Vancouver, Prince Rupert face protracted port strike as talks stalemate
    Canadian business groups are pleading for Parliament to return to Ottawa and pass back-to-work legislation to end the ILWU Canada strike, but it will likely take days for the upper and lower houses to pass such legislation, if they heed the call.

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TradeWinds web site
JULY 5, 2023
  • Baltic Dry Index falls below 1,000 points as steel market weakens
    Iron ore exports from Brazil and other countries rise as capesize futures pull back
  • Costamare chief executive buys into Seanergy in latest shipowner-on-shipowner move
    Greek container ship and bulker company had been one of the names rumoured to be interested in Eagle Bulk, but its investment dollars surface elsewhere
  • US Navy thwarts Iran's attempt to seize two tankers as vessel damaged in attack
    Transportation Recovery Fund vessel approached as Central Command confirms Chevron ship struck near crew quarters
  • From well to wake: How fuels' lifecycle emissions are key to IMO greenhouse gas debate
    Our Green Seas environment newsletter explores the important IMO decision that is grabbing fewer headlines than a carbon levy
  • Shipowner-operator Seapeak says time-charter length shift is 'positive'
    Company eyeing FSRUs, CO2 carriers and is embarking on a first onboard carbon capture and storage systems trial
  • Seapeak steps from Teekay family shadow into Stonepeak skin
    LNG carrier shipowner busy on newbuilding tenders with consideration of steam ships set to start in 2024
  • Peter Lund comes full circle, returning to Costamare in senior role
    A small but growing armada of northern European shipping executives is making landfall in Athens and Piraeus
  • OOCL revenue slashed 63% as container ship descent continues
    Hong Kong line gives first indication of how weaker market has affected players in the second quarter
  • German and Dutch shipowners place $630m punt on feeder container ships
    Tonnage providers funnel earnings into methanol-ready container ships
  • Japan's biggest port hit by ransomware attack
    Container terminal's operating system has been impacted by the attack
  • Levy row takes its toll on IMO decarbonisation talks
    Regulator remains split over carbon pricing and compensation packages for developing countries
  • Edda Wind fixes last open ship on enormous wind farm project
    One of the company's three commissioning service operation vessels will work on the Dogger Bank Wind Farm
  • MR tanker spot rates down 35% in 2023 but shipowners keep faith in fundamentals
    Concordia Maritime boss Erik Lewenhaupt says term deals have also edged down
  • Monjasa bringing in three more tankers as it expands into Singapore
    Danish shipping and fuel group making its debut in biggest global hub
  • Iranian navy reported to have fired shots at laden Chevron VLCC off Oman
    Bahamas-flag ship increased speed and adjusted course during incident on Wednesday
  • LNG carrier newbuilding orders keep rolling in with busy second half envisaged
    The tally for the first half of 2023 is a fraction of orders contracted in the same period last year, but more deals are set to be inked
  • 'Suspicious approach' reported as shots fired at laden Chevron VLCC off Oman
    Bahamas-flag ship increased speed and adjusted course during incident on Wednesday
  • Japan's Nagoya port hit by ransomware attack
    Container terminal's operating system has been impacted by the attack
  • Comment: No time for complacency as volatility fuels crime spike
    Despite the Covid pandemic, Russia's war in Ukraine and global shocks, maritime crime continues to thrive
  • SSY adds new face as it appoints a first head of LNG research
    Company's specialised LNG team boosted to 13 with new hire
  • South Korea's KSOE clinches $1.2bn FPU deal from Woodside amid spate of orders
    Hyundai Group holding company has also announced deals for two LNG carriers, two LPG ships and four car carriers this week
  • Russia dismisses 'Western propaganda' aimed at saving Black Sea grain deal
    Moscow snubs overtures about easing some sanctions to save the Ukraine grain deal
  • Navy guards foil pirates boarding chemical tanker off Guinea
    Security personnel alerted after crew member spotted boat with a ladder at the stern of the vessel
  • Havila Kystruten nears ship delivery as financing deals fall into place
    Norwegian cruise ship owner signs term sheet on €305m private debt placement and looks to raise more
  • Gibraltar bulker wreck removal finally completed
    Broken hull section will be shipped to the Netherlands for recycling
  • Probe begins as two Russian seafarers die on vessel in Bulgaria
    Crew members were found in cargo hold of dredger at the port of Varna
  • Maersk and Volvo commit to biodiesel for transport of car parts
    Danish and Swedish groups to swap fossil fuels for biodiesel to cut emissions by 28,000 tonnes
  • Major shipping companies commit to 'book and claim' system for voluntary green freight market
    Oldendorff Carriers, Hapag-Lloyd, Ocean Network Express and more pursue inserting mechanism but acknowledge challenges
  • Pareto tips Siem Offshore for dividends in 2025 after 'comfortable' refinancing
    Investment bank backing Kristian Siem company as a consolidator in the sector
  • First look: BW LNG unveils pros and cons of onboard CCS
    Technology lends itself to large gas-burning vessels such as LNG carriers but will it become standard for the future world trading fleet?
  • Sinokor bags $200m from sale of neo-panamax container ship brace
    Leading South Korean owner also busy taking boxships being relet by Asian liner operators
  • Will the Indian subcontinent's ship recyclers meet Hong Kong deadline?
    GMS sustainability expert Dr Anand Hiremath airs concerns over Pakistan meeting the Hong Kong Convention's requirements

news on subscription
American Shipper web site
JULY 5, 2023
  • Dockworkers strike continues at Canada's West Coast ports
    More than 7,400 dockworkers in Canada remain on strike Wednesday after labor contract negotiations with their employer have stalled.

››› File
FROM THE HOME PAGE
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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