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04 April 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
October 6, 2023

free news
Exim India web site
OCTOBER 6, 2023
  • DG Shipping releases Year Book 2023-24
  • CONCOR's HALCON efficiently serving the trade of Nashik & nearby regions
  • Introduction of Busy Season Charge by Railways a setback
  • MoU inked to develop courses & curriculum on PM GatiShakti National Master Plan and National Logistics Policy
  • APM Terminals Pipavav hosts trade meet, showcasing excellence in port operations
  • Schedule reliability continues to stay within a narrow range
  • TRAFFIC HANDLED AT MAJOR PORTS
  • India-Japan Fund launched with $600 million
  • FTA with UK likely to be inked this month
  • New Customs procedure for loading ships in Bahrain
  • Noatum announces divestment of minority shares in Barcelona Container Depot Service Group

free news
International Transport Journal web site
OCTOBER 6, 2023
  • A stopover in the north?
  • Step by step to greener heavy load transports
  • Waco and BlueBox tracking partnership
  • 'Book and claim' offer for HVO
  • A critical logistics pick
  • Deeper channel at Felixstowe
  • Interstellar freight bypasses Houston Intercontinental...
  • Safram Basel now on the banks of the Rhine
  • Eight cold storage facilities for Lineage
  • A freight train as fast as a high-speed passenger train
  • Noatum sells BCDS stake
  • Silk Way West's first B777F
  • Between LAX and Long Beach - a new Maersk site
  • Trucks deliver megapack batteries for grid
  • Towering appointments to deliver cold-chain growth
  • MOL joins Tokyo Bay ESG project
  • "Curiosity of the Day"

free news
The Loadstar web site
OCTOBER 5, 2023
  • Rate hike hopes, but liners face one of the 'worst slack seasons ever'
  • Analysis: 'Chicken and egg' - the EU emissions trading system conundrum
  • Shippers opt for longer air cargo contracts as the global market stays flat
  • Shock for shippers as boxed railfreight attracts peak season surcharge for first time
  • Air cargo execs are 'failing to face up to the emissions challenge'
  • Fiata looks to supply chain digitalisation, despite 'the elephant in the room'
  • CILT signals red over Sunak's HS2 volte-face

free news
Marine Log web site
OCTOBER 5, 2023
  • J.P. Morgan makes its first move into methanol-fueled newbuilds
    The momentum towards methanol fueling continues to build. J.P. Morgan Global Alternative's Global Transportation Group (JPMGTG) reports that institutional investors advised by it have concluded an order for two 49,800 dwt methanol
  • Dina Aryan-Zahlan takes new role at Port of Los Angeles
    Veteran Port of Los Angeles engineer and infrastructure development expert Dina Aryan-Zahlan has been named the port's deputy executive director of development, succeding Antonio Gioiello, who retired earlier this year. "Dina is
  • U.K. warns of new Russian sea mine threat to merchant ships
    The U.K. Foreign, Commonwealth & Development Office (FCDO) says that intelligence released October 4 suggests Russia may use sea mines to target civilian shipping in the Black Sea and that Russia would

free news
Container News web site
OCTOBER 5, 2023
  • C2X and Egyptian government proceed with large scale green methanol production project
    C2X inked a comprehensive Framework Agreement (FWA) with its Egyptian sponsors and partners in the presence of Egypt's Prime Minister aiming to speed up large-scale green methanol production in Egypt. C2X is aiming to build, own, and operate assets to produce green methanol at scale with A.P. Moller Holding as majority owner and A.P. Moller - Maersk as minority owner. According to a statement, th
  • CMA CGM announces new FAK rates from Asia
    Marseille-based container line CMA CGM will apply new Freight All Kinds (FAK) rates from all Asian main ports to all Mediterranean base ports and North Africa. The following rates will apply to dry, out of gauge (OOG), paying empties, and reefer cargo beginning 1 November 2023: Destinations 20' 40'/40'HC/40'REEFER West Med US$1,400 US$2,000 Adriatic US$1,550 US$2,100 East Med US$1,600 US$2,100 Bl
  • ThyssenKrupp invests in Port of Rotterdam facilities
    ThyssenKrupp Steel Europe, a German steel corporation, makes multi-dollar investments in the Rotterdam port with a new unloading installation for seagoing vessels to be built at Ertsoverslagbedrijf Europoort C.V. (EECV). The new unloader, which is scheduled to be operational by the end of 2025, is expected to increase efficiency, environmental friendliness, and safety. This demonstrates ThyssenKr
  • MSC tops schedule reliability rankings in August
    Danish maritime data analysis firm Sea-Intelligence has released a report about schedule reliability data of container carriers for January - August 2023. "Source: Sea-Intelligence.com, GLP Report, issue 145" "Source: Sea-Intelligence.com, GLP Report, issue 145" In August 2023, global schedule reliability fell by -0.9 M/M to 63.2%. Except for the May increase, schedule reliability has been within
  • PortEconomics: Leading terminal operators in top 15 EU container ports
    PortEconomics member Theo Notteboom reviews the presence of the leading global container terminal operators in the top 15 European Union (EU) container ports, based on 2022 TEU figures. The blue boxes on the following table refer to all types of direct or indirect terminal involvement, such as full ownership, joint venture, or a majority/minority shareholding. A distinction is made between carrie
  • Global Ports terminals handle 27,000 cars in April-September
    In April-September 2023, the operator of marine container terminals Global Ports handled 27,000 cars at its St. Petersburg terminals. All the vehicles have been imported to Russia from China by sea and shipped in containers. The main share, 24,500 cars, were unstuffed at Global Ports' marine terminals Petrolesport and First Container Terminal (PLP and FCT respectively, both located in the Big Por
  • Maersk to shorten transit times with new Spain-France rail service
    Maersk is launching a new rail service from the Port of Barcelona to Southern France, specially designed to cut transit times of ocean cargo destined for the areas of Toulouse, Bordeaux and Lyon by using Barcelona as an alternative gateway. The new product is expected to commence in early November and will have three weekly direct block trains between Barcelona and Toulouse as well as one weekly
  • CMA CGM launches new global startup accelerator in UK
    CMA CGM Group will launch ZEBOX UK in Manchester this month. The French transportation company is a founding partner of ZEBOX and has continued to innovate through the global startup accelerator focusing on operational efficiency, decarbonisation, future of work and artificial intelligence in supply chain, logistics, transport and energy. The Manchester-based startup accelerator is ZEBOX's sixth
  • Hapag-Lloyd increases rates from North Europe to Indian Subcontinent and Middle East
    German container shipping company Hapag-Lloyd will increase its ocean tariff rates from North Europe to India, Pakistan, Red Sea and Arabian Gulf. In particular, this rate increase will apply for all 20' and 40' dry containers, including high cube equipment, and will be effective from 20 October until further notice. 20' Dry Containers From To Current base rate level New base rate level Delta Nor
  • COSCO SHIPPING drives shore power in Hamburg
    For the first time, the shore power system at HHLA Container Terminal Tollerort (CTT) has been successfully tested in practice. COSCO SHIPPING Taurus received shore power for the first time this week at the Hamburger Hafen und Logistik AG (HHLA) terminal as part of a ship integration test. COSCO SHIPPING Taurus, like many current COSCO SHIPPING vessels, is outfitted with integrated shore power su
  • Port of Thessaloniki acquires majority stake in another Greek port
    The Thessaloniki Port Authority (ThPA), which manages the second largest port in Greece, has announced the acquisition of 67% of Volos Port Authority, the managing company of another greek port. The transaction price was €51 million (US$53.6 million). ThPA's participation in the tender for the utilisation of the Port of Volos was decided by the Company's Board of Directors following a comprehensi
  • BlueBox Systems collaborates with WACO
    In a new partnership with BlueBox Systems, WACO members can now track air and ocean cargo shipments, preventing delays and enhancing collaboration within the network. More specifically, in the form of two freight visibility platforms, BlueBoxAir and BlueBoxOcean, BlueBox is delivering collective analytics for WACO members and bringing real-time oversight of shipment status and flight-related data
  • Port of Los Angeles names new deputy executive director of development
    Dina Aryan-Zahlan, a senior Port of Los Angeles engineer and infrastructure development expert, has been appointed as the port's deputy executive director of development. Dina Aryan-Zahlan will replace Antonio Gioiello, who retired earlier this year. "Dina is an inspiring leader and dedicated public servant who consistently demonstrates an unwavering commitment to excellence," stated Gene Seroka,

free news
Splash web site
OCTOBER 5, 2023
  • Saverys and Fredriksen come to an agreement to hive off 24 Euronav VLCCs to Frontline
    Euronav and Frontline have come to a deal in the long-simmering battle for control of one of the jewels in the European tanker crown. Two years after John Fredriksen-controlled Frontline first initiated a bidding war for Antwerp-based Euronav the deal on the table sees Frontline walking away with 24 Euronav VLCCs for $2.35bn in exchange ...
  • Gulf Island resolves lawsuit over Hornbeck Offshore MPSV duo
    Gulf Island Shipyards has resolved a lawsuit relating to the construction of two multi-purpose supply vessels Hornbeck Offshore. Due to the resolution, the court dismissed the lawsuit at the request of the parties to the litigation. Gulf Island, Fidelity & Deposit Company of Maryland, and the issuer of the performance bonds for the MPSV contracts ...
  • CMA CGM ups startup accelerator game with new UK hub
    French liner CMA CGM has revealed plans to launch ZEBOX UK, a Manchester-based startup accelerator, later this month. The ZEBOX accelerator in Manchester is the sixth such innovation hub in the world. According to CMA CGM, ZEBOX UK will tap into Manchester, London, and Northern Europe expanding the accelerator's global network of entrepreneurs, business leaders, and ...
  • Allseas' Pioneering Spirit gets pipelay work on BP's GTA gas project
    Energy giant BP has chosen Allseas to complete the subsea pipelay scope for its ultra-deepwater Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal. Allseas will start GTA offshore pipelay works in early December 2023 using the world's largest construction vessel Pioneering Spirit. Installation support will be provided by Allseas' offshore construction support ...
  • Bullish tone for next year's SMM Hamburg
    In what may be the most bullish meet-up of owners, yards and suppliers for more than a decade at Hamburg's giant SMM exhibition next year, a new survey suggests shipowners are more willing to place orders for new ships than at any time for many years - the problem they face is finding an available ...
  • Gunvor and Solvang link up for five carbon capture-ready VLGC newbuilds
    Swiss-based commodity trading giant Gunvor has formed a joint venture with Norwegian gas shipowner to own and operate five LPG carrier newbuilds designed for onboard carbon capture. The JV has placed an order at South Korea's Hyundai Heavy Industries with deliveries scheduled from September 2026 to July 2027. All five vessels will be on long-term ...
  • Saipem bags $4.1bn Hail and Ghasha EPC deal from ADNOC
    Italian energy services contractor Saipem, in consortium with National Petroleum Construction Company, has won a contract from ADNOC for work on the Hail and Ghasha Development Project. ADNOC today announced the final investment decision for the Hail and Ghasha project and awarded nearly $17bn worth of contracts for the project. The project aims to operate ...
  • Fire breaks out on livestock carrier carrying 3,600 cattle
    A 21-year-old livestock carrier is returning to port in Australia with its cargo of 3,600 cattle after a fire broke out in the engine room yesterday. Vroon's ran into difficulties shortly after leaving the port of Darwin yesterday bound for Indonesia. The fire was extinguished promptly and the ship is currently at anchor just outside ...
  • MOL makes further wind play as it buys into Odfjell Oceanwind
    Japan's Mitsui OSK Lines (MOL) has become a shareholder in Norwegian floating offshore wind specialist Odfjell Oceanwind. The size of the investment was not disclosed, but Odfjell Oceanwind said the transaction "generates significant capital" which will be used to further strengthen the company's position in floating wind. The deal follows the recently announced partnerships with ...
  • Integrated Wind Solutions inks CSOV charter with Asso.subsea
    Integrated Wind Solutions (IWS) has entered into a time charter contract at market terms with Greece-based offshore contractor Asso.subsea. The contract will begin in the fourth quarter of 2024 or the first quarter of 2025 and have a duration of up to eight months. The charter contract is related to supporting IWS' activities at an ...
  • Sanko slashes fleet in half
    One of the most famous names in Japanese shipowning history has slashed its fleet in half. Sanko Steamship has sold the 11-year-old, Sasebo-built panamax bulker Sanko Fortune for $21m to undisclosed Greek interests leaving it with just one ship left, the 2021-built, 82,514 dwt Sanko Hawking bulk carrier. Sanko, founded in 1934, was the biggest ...
  • Hyundai Glovis no longer under vessel decommissioning spyglass
    Norway's $1.3trn Government Pension Fund has terminated the observation of Hyundai Glovis after the South Korean shipowner introduced a new policy for the disposal of decommissioned vessels. Norges Bank took note of a recommendation by the Fund's Council of Ethics and published its decision to start observation of Hyundai Glovis in March 2022 due to ...
  • Cetus Maritime taps Japanese leasing in four-ship deal with BNP Paribas
    Hong Kong bulker owner and operator Cetus Maritime has sealed a fresh refinancing deal with BNP Paribas for four of its eco-designed handysize bulk carriers. The deal, in which SBI Leasing Services was involved as the equity arranger, has seen the Marshall Islands flagged quartet refinanced from a term loan into the JOLCOs (Japanese Operating ...
  • DP World joins forces with Indian batting legend Sachin Tendulkar in bid to make cricket more global
    Today marks the start of the Cricket World Cup in India, one of the largest sporting occasions across the globe, with one project involving containers and the host nation's most beloved sportsman being unveiled to spread the game to new frontiers. Dubai terminal operator DP World has debuted the new Beyond Boundaries initiative, in partnership ...
  • Mine threat as more ships gear up to enter Ukraine's new shipping corridor
    Another 12 international merchant vessels are gearing up to enter Ukraine's new shipping corridor, even though new intelligence from London has warned of the threat of Russia laying mines to deter the fledging trade lane. In the middle of July Russia pulled out of the Black Sea Grain Initiative, a United Nations-brokered shipping pact, after ...
  • Carisbrooke Shipping orders 7,280 dwt bulker from Thecla Bodewes
    Carisbrooke Shipping has made an order for a Labrax 7,280 dwt diesel-electric multipurpose dry cargo vessel from Thecla Bodewes Shipyards. Thecla Bodewes Shipyards said in a statement that the construction of the dry cargo vessel was a significant investment by Carisbrooke in the renewal of its fleet which will enhance the company's global shipping operations. ...
  • Mermaid Maritime wins $485m worth of contracts
    Thailand's Mermaid Maritime has secured multiple contracts valued at $485m. The Singapore-listed company said the project awards are for its subsidiaries in Thailand, the Middle East, Western Sub Sahara, and the UK. The work scope includes cable laying, subsea pipeline tie-ins, inspection, repair and maintenance, decommissioning, and a bouquet of related services. Project execution starts ...
  • Tests underway on keenly watched nuclear reactor
    Tests are underway in the US in what backers argue could be shipping's long-term answer to its decarbonisation riddle. Southern Company, TerraPower and CORE POWER have started pumped-salt operations in an integrated effects test (IET) of TerraPower's first-of-a-kind nuclear molten chloride fast reactor (MCFR). Since installation of the IET at TerraPower's laboratory in Everett, Washington, ...
  • Heidmar pulls plug on US listing plan and merger
    Heidmar has terminated the merger with Home Plate Acquisition Corporation, a US-based special purpose acquisition company led by Dan Ciporin and Jonathan Rosenzweig. In conjunction with the termination of the business combination agreement, each of the ancillary documents has also been terminated in accordance with their respective terms. The Athens-based tanker pool specialist entered into ...

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Lloyd's List web site
OCTOBER 5, 2023
  • EU ETS island exemptions cause concerns over fairness in Finland
    Exemptions for ships serving islands are needed to help ease the hit from new carbon charges. But one operator says...
  • General cargoship hits suspected sea mine on voyage to Ukraine
    The Türkiye-flagged general cargoship is on its way to its next destination having suffered minimal damage
  • Heidmar cans merger with Nasdaq-listed blank cheque company
    Plans to grow tanker, dry bulk and pooling activities will advance 'organically'
  • Glenn Murphy drives transformation at shipbrokers' institute
    Educating the next generation of shipbrokers remains at the heart of the ICS, however refreshing its objectives was long overdue...
  • Green recycling start up confirms expansion plans
    Joint venture plans to purchase ships via sale and lease-back deals with the ultimate aim of recycling vessels for re-use...
  • Euronav suspends shares as Fredriksen eyes $2.35bn tanker carve out
    CMB and Frontline are on the verge of agreeing a major parting of the ways that would see John Fredriksen...
  • Incremental increases to Iran's rejuvenated oil exports likely to have 'muted' effect on mainstream tanker market
    Preliminary figures from UANI show Iran exported more than 1.5m barrels per day for second consecutive month in September, amid...
  • Panamaxes outpace capesizes in Indian coal trade shift
    Dry bulker trading patterns have altered this year as coal imports into India declined, while those into China spiked
  • Samsung Engineering and Carbon Clean to develop onboard carbon capture
    The partnership brings together their expertise in engineering, construction and carbon capture in other industries, as they venture into the...
  • MOL buys stake in Odfjell Oceanwind
    Odfjell Technology combined with the Odfjell family's stake means will remain the company's largest shareholder
  • Thessaloniki wins tender for Volos port
    Thessaloniki aims for wider intermodal and logistics network
  • UK exposes Russian Black Sea mining plans to block Ukraine grain exports
    Intelligence by the UK government suggests Russia may use sea mines to target civilian shipping in the Black Sea and...
  • US Coast Guard rescues 12 crew after ship runs aground off US Virgin Islands
    Crew of Vanuatu-flagged support vessel was rescued by the US Coast Guard after they abandoned the ship as it was...
  • CMA CGM boosts UK presence with innovation hub
    CMA CGM is boosting the entente cordiale with a commitment to the startup environment in northern England. Manchester offers supportive...
  • Daily Briefing
    Ukraine and Russia-bound ships dominate detentions and port bans | Ships going to Ukraine are getting less shy about it...

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The Journal of Commerce web site
OCTOBER 5, 2023
  • Rail dwells rising along West Coast amid shortage of available rail cars
    Marine terminal operators in Los Angeles-Long Beach and the Pacific Northwest are dealing with an increase in rail container dwell times due to an east-west imbalance in rail equipment that has worsened in recent weeks.
  • Maersk using self-driving trucks to move Houston-Oklahoma City freight
    The shipping giant is running four dry-van round trips each week on the approximately 400-mile route between the two cities.
  • Seatrade plays service card in latest container ship order: analyst
    The Benelux-based reefer owner/operator says its fast, dedicated and direct model trumps the transshipments, transit times and indirect costs of the major carriers.
  • Doubts growing over shipping's readiness for Europe's ETS carbon tax
    To comply with the European emissions trading system, ocean carriers will essentially need to become experts in carbon credit trading, on top of monitoring, verifying and reporting CO2 emissions.

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TradeWinds web site
OCTOBER 5, 2023
  • Capesize bulker rates 'pop again' as manufacturing rebounds during China holidays
    Uncertainty around Ukraine's grain exports also support large bulker sector, Signal Group says
  • Euronav deal at (just) below NAV earns blessing of equity analysts
    Jefferies and Stifel researchers both say Euronav shareholders being offered a reasonable price
  • CMA CGM joins liner operator rivals in passing EU emissions trading costs to customers
    CMA CGM touts biofuels and optimisation but says customers will foot the bill for carbon allowances
  • With no help from Opec, VLCC spot market threatens to fully erase September rebound
    Baltic assessments spend second day in the red as Opec+ holds the line on crude supply cuts
  • Euronav shares soar in US trading on confirmation of Frontline talks
    Stock 'overhang' may be removed as company clarifies all shareholders will get offer
  • US professional investor reflects how his Maxim-related shipping stake went south
    Another disgruntled investor who lost money on deals coordinated with the Maxim Group tells his story
  • US investor mulls how his Imperial Petroleum investment went south
    Another disgruntled investor who lost money on Maxim Group-related deals tells his story
  • Maersk moves in on shipyards for next methanol-fuelled container ship fix
    Behemoth seeking berth space as Chinese yards fill
  • US professional investor reflects how his Maxim-related investment went south
    Another disgruntled investor who lost money on deals coordinated with the Maxim tells his story
  • New Stolt-Nielsen management shelves Stolt Tankers public listing
    Tanker shipping arm now seen as cashflow driver, says Udo Lange
  • Aframax spot rates rebound to two-month high as US Gulf Coast strength draws tankers
    North Sea activity quietens down and Mediterranean holds steady
  • Euronav confirms talks over CMB buying out Frontline as 24 VLCCs to change hands for $2.35bn
    Belgian shipowner says discussions are 'well advanced' but no guarantee deal will be struck
  • VLCC term deals still beating spot market as ExxonMobil and Mercuria move for ships
    Yasa Tankers and Olympic Shipping among owners taking cover on tankers
  • Norway revokes investment ban on Thoresen Thai over Bangladesh scrapping
    Country's sovereign wealth fund also says it has halted observations on Hyundai Glovis
  • Shipowner must shoulder $7.7m piracy payout, UK's top court told
    Switzerland-based trader Gunvor is appealing over multi-million dollar bill from Somali pirate seizure of product carrier
  • Solvang-Gunvor joint venture revealed as buyer behind five VLGC order at Hyundai Heavy
    Newbuilding will have carbon capture technology on board
  • Exclusive: US investor mulls how his Imperial Petroleum investment went south
    Another disgruntled investor who lost money on Maxim Group-related deals tells his story
  • Fearnley Securities shipping analyst Ulrik Mannhart switches to Hayfin Capital
    Norwegian expert moves to UK-headquartered lender and shipowner
  • Carisbrooke kicks off fleet renewal with order for diesel-electric MPP vessel
    Anglo-Dutch owner heads to Thecla Bodewes for eco cargo ship
  • JP Morgan confirms debut order for methanol-fuelled product tankers in China
    US bank says deal has been done by institutional investors advised by its global transport group
  • Tough stance by EU could drive CII emission cuts, study finds
    Carbon emissions could be cut significantly if EU takes action against lower-rated vessels, says campaign group
  • Carisbrooke kicks off fleet renewal with order for diesel-electric multipurpose
    Anglo-Dutch owner heads to Thecla Bodewes for eco cargo ship
  • London P&I Club claims its financial position is improving after derisking
    Underwriting profit, investment returns and lower claims have helped push up solvency levels
  • Carbon price delay is derailing clean fuels, Trafigura's Rasmus Bach Nielsen warns
    Green fuel players are putting some of their plans on ice, waiting for IMO action to stimulate demand
  • MOL continues offshore wind drive with investment in Odfjell Oceanwind
    Japanese giant follows TouchWind deal with new cooperation in Norway
  • Cyprus' Themis Papadopoulos unveils plans to burnish ship management credentials
    The president of the Cyprus Shipping Chamber is upbeat about ambitious projects
  • Bourbon Horizon and Amogy link up for zero-emission PSV newbuildings
    Duo comes together with consultancy Green Ships for as many as three vessels
  • New boss Udo Lange 'impressed' as Stolt-Nielsen pushes up profit
    CEO says chemical tanker rates have stabilised after weaker third quarter
  • Cetus Maritime refinances handysizes through Japanese leases with BNP Paribas
    Transaction is second this year involving JOLCOs for owner formed by merger of Asia Maritime Pacific and Hamburg Bulk Carriers
  • CEO quits troubled South African state port monopoly
    Top executive leaves Transnet after three years at the helm amid pressure from miners and unions
  • Carbon price delay derailing clean fuels, Trafigura's Rasmus Bach Nielsen warns
    Green fuel players are putting some of their plans on ice, waiting for IMO action to stimulate demand
  • New Ukraine grain trade tempts risk-hungry shipowners with superior earnings
    Juicy tripcharters beckon for old vessels in high-risk, high-reward Black Sea business
  • Greece's Alassia NewShips Management inks first orders in a decade for bulker trio in Japan
    Oshima Shipbuilding garners yet another Hellenic client
  • War insurer Vessel Protect backs Ukraine grain shipments
    UK insurer says it is providing cover for ships trading on a new high-risk route
  • Mermaid Maritime rides offshore recovery with multiple new contracts worth $485m
    Project locations run the gamut from Thailand to the Middle East, Western Sub Sahara and the UK
  • UK claims Russia may use mines to target shipping in the Black Sea
    Intelligence suggests Moscow wants to avoid sinking ships but seeks to blame Ukraine for any casualties
  • China's ascent in shipowning drives fresh demand for old hands in ship management
    The lack of domestic competition is creating opportunities for traditional third-party players
  • PIL ties down forward fixtures of 7,500-teu newbuilds
    Singapore carrier commits to long-term charters of four vessels due for delivery from Shanghai Waigaoqiao in next two years

news on subscription
American Shipper web site
OCTOBER 5, 2023
  • Amazon's largest cargo jet makes debut
    Amazon has added the first of 10 Airbus A330 freighters to its fleet.
  • Tanker shipping's 'odd couple' prepares for a divorce
    Tanker giant Frontline is poised to dramatically expand its fleet, while Euronav is on a path to privatization.
  • FedEx airplane makes hard landing at Tennessee airport
    A FedEx cargo airplane made a hard landing in Chattanooga, Tennessee, after a landing gear failure.
  • Qantas Freight fumbles IT rollout, stranding cargo shipments
    Qantas' freight division had trouble smoothly deploying a new cargo reservation system and shippers are livid about lengthy delays moving their goods.

››› File
FROM THE HOME PAGE
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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