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24 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 ...

news on subscription
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...

news on subscription
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.

news on subscription
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
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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