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24 April 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
July 7, 2023

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Exim India web site
JULY 7, 2023
  • TKPL's social initiatives towards a noble cause for Founder's Day
  • South East CEO Conclave & Awards 2023 to see participation from key officials
  • THE Alliance announces Transpacific-West Coast change
  • Paradip Port commences coastal movement of coal to the West Coast
  • Maritime and Port Authority of Singapore inks MoU for zero-emission shipping across the Indian & Pacific Oceans
  • Record 285k TEU new containerships delivered in June
  • Singapore summit in Aug. to deliberate on future of container shipping
  • India's growth of 8-9 pc to be driven by manufacturing, urbanisation: Kant
  • CBIC identifies 17k non-existent GSTINs, cancels 4,900 registrations
  • Global container shipping outlook: Pressure mounts amid flood of new capacity
  • China's metal export curbs aimed at the US may impact India
  • DGTR notifies anti-dumping probe into aluminium frames imports from China
  • Basmati rice exports to Iran dip due to payment issues
  • Tea exports down
  • Major capacity issue is looming
  • Canadian dockworkers' strike continues

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International Transport Journal web site
JULY 7, 2023
  • Shipping line launches express rail shuttle
  • Friderici buys maintenance specialist
  • Iata data show weak market conditions
  • ADPL venturing further into healthcare logistics
  • Planning a CT terminal and empty container depot
  • Digital expert to join Geodis management board
  • Swiss Worldcargo unveils new product structure
  • CMA CGM starts "NC Levant"
  • More capacities for Baltic Rail Gate
  • First fully certified FRCs in service
  • Dimotrans has a new shareholder
  • IAM mourns chairman Sean McCool (1931 - 2023)
  • Konecranes contracted to equip container terminal
  • Handing over the baton at Wedolo
  • Canada investing in rail safety
  • "Curiosity of the Day"
  • New rail hub in Radlett progresses
  • Elcome: a bridgehead in Vancouver
  • More work for Vienna Airport's customs staff
  • Rerouting Transpacific-West Coast service
  • Simplifying border crossings between EU and UK

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The Loadstar web site
JULY 6, 2023
  • OOCL results bode badly for shipping lines as rate-per-teu sinks
  • Two firefighters die in Grimaldi roro blaze in Newark
  • Europeans do it better: the air & ocean mating game
  • August strike looms as UPS and Teamsters talks collapse
  • 'Toxic' air cargo market drives forwarders into Vegas-style risk-taking
  • UPS - the boring side
  • India's air cargo industry slows as sector calls for tax and infrastructure reform
  • ...and Geodis?
  • Ships leave Chittagong half-empty as factories remain closed
  • MEPC 80: China proposes plan to allow emissions data to be altered

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Marine Log web site
JULY 6, 2023
  • VIDEO: Efforts to fight Newark car carrier fire continue
    Two firefighters lost their lives last night battling a car carrier fire that broke out aboard the Grimaldi Deep Sea RO/RO vessel Grande Costa d'Avorio in Port Newark. As of midday today,
  • Thoma-Sea wins $624.6 million NOAA research vessel order
    NOAA (National Oceanographic and Atmospheric Administration) has awarded Houma, La., shipbuilder Thoma-Sea Marine Constructors LLC a $624.6 million contract to design and build two advanced research vessels. The contract includes an option
  • Damen books contract for advanced ASW frigate quartet
    The Dutch Ministry of Defense, Damen and Thales have signed acontract for the design, construction, and delivery of four Anti-Submarine Warfare (ASW) frigates; two for the Netherlands and two for Belgium. The
  • BOEM approves first N.J. offshore wind farm, Ocean Wind 1
    The Bureau of Ocean Energy Management has issued its Record of Decision (ROD) approving the plan for construction and operations of Ørsted's Ocean Wind 1. To be located about 13 nautical miles
  • Seaspan and Hapag-Lloyd ink methanol retrofit agreement with MAN ES
    The move to methanol fueling continues to accelerate. The latest figures from DNV's Alternative Fuels Insight (AFI) platform, showed that the 55 vessels with alternative fuel propulsion ordered in June included 26

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Container News web site
JULY 6, 2023
  • Container vessel sinks in Bangladesh waters
    A boxship carrying 96 TEUs of containers sank during an intra-Bangladesh route from the port of Chittagong to the Pangaon Inland Container Terminal in Dhaka. Officials said the 140 TEU capacity vessel namely Pangaon Express, bareboat chartered to Sea Glory Shipping, was imperilled at the Bhasan Char area. Captain Faridul Alam, deputy conservator of Chittagong Port Authority, said the vessel is pa
  • Transatlantic rates tumble even as transpacific rates rumble with WCI officially below all post-pandemic quotes
    A 25% tumble in the transatlantic rates, Rotterdam to Shanghai at US$2,003, awarded the Drewry World Container Index with its lowest ever level since 15 November 2019 and with that officially at its lowest quote in the post-pandemic era. The transatlantic rates which have shaved off nearly 39% in a mere fortnight, about US$1,223, have now eroded 73% since their peak in November 2022, and are curr
  • CMA CGM revises port congestion surcharges in Turkish port
    As operational challenges continue at the port of Mersin, CMA CGM has decided to revise port congestion surcharges (PCS) at the Turkish port. French ocean carrier will revise the port congestion surcharge from Mersin to South America East & West Coasts, Central America East Coast & Caribbean, Central America West Coast & Mexico West Coast, Windward, Guyanas North Brazil. The updated surcharge for
  • Collision in Ukraine between bulk carrier and general cargo ship
    Bulk carrier Klc Erciyes struck portside of berthed general cargo ship Jasmin Queen while maneuvering to berth at Izmail port in Ukraine on 1 July, according to Maritime Bulletin. Both ships seem to have suffered damage, but the extent of the damage remains unknown at the time of writing. Cameroon-flagged cargo vessel Jasmin Quenn departed the port of Izmail on 4 July, bound for Alexandria, Egypt
  • COSCO financial figures plunge in 2023
    COSCO Shipping Holdings estimates that it suffered significant decreases in profit in the first half of 2023, compared with the same period last year. According to the Japan International Freight Forwarders Association (JIFFA), it is expected that the company's Earnings Before Interest and Taxes (EBIT) plunged 74.1% year-on-year to US$3.4 billion and net profit declined by 74.4% to US$2.7 billion
  • Maersk vessel omits Auckland due to weather conditions
    Maersk announced that due to adverse weather conditions which are expected to delay Polaris service vessel Nicolai Maersk en route to Melbourne, the vessel will omit the port of Auckland. The Danish carrier said it took this decision to minimise any further Polaris schedule disruption and to allow for schedule recovery. The contingency plan for affected cargo will be as follows: Exports currently
  • MPC Container Ships sells last two joint venture-owned ships
    Norwegian container tonnage provider MPC Container Ships ASA (MPCC) announced the sale of two joint venture-owned vessels, Cimbria and Cardonia, for US$42.5 million. The vessels, each with a capacity of 2,800 TEU, were built in 2002 and 2003. Both ships are now on time-charter contracts that will expire at the earliest in July 2025 (Cardonia) and October 2025 (Cimbria). This transaction reflects
  • HHLA TK Estonia and FERNRIDE proceed with autonomous driving project
    HHLA TK Estonia and FERNRIDE have successfully completed the first phase of their joint project at the Estonian terminal. Next, the two companies will continue the project to further develop and promote autonomous driving at the terminal. Also, the innovation unit HHLA Next invested again in FERNRIDE in June. The joint project at the HHLA TK Estonia terminal near Tallinn started in January. More
  • Xiamen follows Yangshan in feeder double-berthing
    China's Xiamen port has begun double-berthing feeder ships to speed up the movement of containers along inland waterways in Fujian province. Double-berthing involves parking one feeder vessel outside another feeder ship that is already berthed, and having the gantry cranes load containers on both ships concurrently. Early this week, the exercise saw the 210 TEU Haibangda 318 parked next to the 21
  • MPA Singapore and Lloyd's Register MDH sign decarbonisation agreement
    The Maritime and Port Authority of Singapore (MPA Singapore) and Lloyd's Register Maritime Decarbonisation Hub (LR MDH) have signed a Memorandum of Understanding (MoU) aiming to collaborate on a fleet-specific decarbonisation strategy. The agreement includes an implementation plan for 'The Silk Alliance' cross-industry initiative to enable zero-emission shipping across the Indian and Pacific Ocea
  • THE Alliance changes Asia to Transpacific-West Coast network
    Container shipping alliance of Hapag-Lloyd, Yang Ming, Ocean Network Express (ONE) and HMM, THE Alliance has announced changes to the Asia to Transpacific-West Coast network. THE Alliance will temporarily suspend the PS5 service and will update the existing PS3, PS6 and PS7 services, effective from August until further notice. The PS3 service will be enhanced with port of Tokyo call and the port
  • AD Ports Logistics and Acino sign freight forwarding deal
    AD Ports Logistics (ADPL), a subsidiary of AD Ports Group, and Acino, a Swiss pharmaceutical company that develops and manufactures medicines, have signed an agreement, according to which ADPL will provide Acino with global freight forwarding services. The services include sea and air transport in the Middle East and North Africa (MENA) region. Through this agreement, ADPL intends to leverage its
  • CMA CGM sets increased FAK rates from Asia to North Africa and Med
    CMA CGM has announced several rate increases from Asia to North Africa and the Mediterranean that will be effective from 1 August 2023. The French carrier's updated Freight All Kinds (FAK) rates will be applicable from all Asian main ports to all Mediterranean & North African base ports on dry, out of gauge (OOG), reefer & paying empties containers. FROM ASIA TO 20' 40' / 40'HC / 40'RF WEST MED U
  • Unleashing the Digital Revolution: Navigating the Future of Maritime Trade
    The maritime trade industry is on the verge of a technological revolution that is fundamentally reshaping its operations. As digitalization takes hold, a new wave of disruption is poised to transform the industry. To thrive in this evolving landscape, it is crucial for industry leaders to be aware of and embrace the following four trends: The Rise of Digital Platforms in Maritime Trade One of the
  • Growing capacity combined with "invisible" peak season weakens container market
    The peak season in the container shipping market should already be getting underway under normal circumstances, but, according to Danish maritime data analysis firm Sea-Intelligence, it has not started yet. The following figure shows the four-week average capacity deployment (future based on currently scheduled capacity by the carriers) for Asia-North America, combined Asia-North America West and

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Splash web site
JULY 6, 2023
  • Noble wins semisub contract with Petronas for work offshore Suriname
    Offshore rig owner Noble Corporation has won a contract with Petronas for the 2009-built semisub offshore Suriname. The New York and Copenhagen-listed firm has fixed ex-Maersk Discoverer for 90 days from August this year in a deal worth $43m, including additional services provided, mobilization and demobilisation fees. The rig is currently operating offshore Guyana for ...
  • McDermott wins Shell contract in Malaysia
    US subsea and deepwater engineering and construction player McDermott has secured a contract from Sarawak Shell Berhad for pipelay and heavy lift project off the coast of Sarawak in East Malaysia. Under the scope of the contract, McDermott will perform transportation and installation services for two pipeline segments and one section of flexible pipelay at ...
  • Revoked wind farm license leaves Cadeler, Siemens Gamesea deals in the air
    The Danish Energy Board of Appeal has revoked the establishment permit for HOFOR's Aflandshage offshore wind farm awarded by the country's energy agency last year. HOFOR, the developer of the Aflandshage offshore wind project, said that a changed practice by the authorities regarding the counting of bats, among other things, was what triggered the rejection ...
  • Seanergy steps up buybacks as it expands with first newcastlemax addition
    Greek capesize owner Seanergy Maritime has spent around $1.6m repurchasing its own shares as part of a buyback scheme and brought in its first newcastlemax bulker on bareboat charter with purchase option attached. The Stamatis Tsantanis-led company has picked up 362,161 common shares, or about 2% of its issued and outstanding shares, at an average ...
  • MAN to retrofit up to 60 Seaspan and Hapag-Lloyd ships to green methanol
    MAN Energy Solutions has signed a conversion commitment agreement with containership owner Seaspan and containerline Hapag-Lloyd. Under the terms of the agreement, MAN PrimeServ, MAN Energy Solutions' after-sales division, will deliver 15 engine retrofit solutions for the conversion of vessels powered by individual MAN B&W S90-type fuel-oil-powered engines from the Seaspan and Hapag-Lloyd fleets
  • SSY buys German shipbroker F3 Offshore
    UK shipbroker Simpson Spence Young (SSY) is expanding its offshore operation with a second acquisition in the sector this year. The London-headquartered firm has sealed a deal to buy German specialist shipbroker, F3 Offshore for an undisclosed sum. The Hamburg-based outfit, founded in 2009, is the first brokerage to specialise in North Sea renewables and ...
  • Bernhard Schulte returns to Ulstein for pair of CSOV newbuilds
    Bernhard Schulte Offshore, a Hamburg-based unit of Schulte Group, has returned to Ulstein Verft in Norway for the design and construction of two commissioning service operation vessels (CSOVs). The contract, with an undisclosed value, includes options for four additional ships of Ulstein SX222 design. The firm two newbuilds will add to Bernhard Schulte Offshore's current ...
  • BP and WasteFuel to explore bio-methanol use in shipping
    Energy supermajor BP has invested $10m in WasteFuel, a California-based biofuels company, to research the potential of bio-methanol in hard-to-abate sectors like shipping. BP said that solid waste production totals about 2bn metric tons annually and would increase to 3.4bn metric tons by 2050. According to the company, WasteFuel's deployment of anaerobic digestion and methanol ...
  • MPC Container Ships scores profitable asset play as it offloads last joint venture ships
    MPC Container Ships (MPCC) has achieved a lucrative asset play with the disposal of the final two Bluewater joint venture vessels. The Oslo-listed tonnage provider has offloaded the 2002-built 2,800 teu Cimbria and 2003-built Cardonia for $42.5m. Both vessels, VesselsValue estimates as worth around $24.5m in total, are currently on charter contracts, expiring at the ...
  • Anders Onarheim stepping down from BW LPG CEO role
    The chief executive officer of VLGC owner BW LPG Anders Onarheim has decided to step down from the role. BW LPG said Onarheim would leave the company on September 30 this year. No reason was given for his departure. The company's board of directors has already appointed Kristian Sørensen, the deputy CEO and head of ...
  • Harsh environment semisubs approaching half-million per day as market sells out
    The global market for sixth-generation harsh environment semisub rigs stands at 100% utilisation for the first time in nearly a decade, with dayrates approaching the $500,000 mark. Data from Westwood Global Energy's RigLogix platform shows committed utilisation of these units has risen 14% in the last six months, and is now sold out - a ...
  • Avance Gas continues fleet renewal plans with sale of 2008-built VLGC
    Avance Gas has sold the 2008-built very large gas carrier (VLGC), , for a cash consideration of $60m. The vessel is currently employed on a two-year time charter party and will be delivered to the new owner following the completion of the current charter. According to Avance Gas, delivery to the new owners is expected ...
  • Victor Restis embroiled in UK legal case
    Greek shipping tycoon Victor Restis is embroiled in a legal battle in the UK, demanding £37m ($47m) be repaid from a British financier, Amanda Staveley, over a loan issued 15 years ago. Restis, who controls Enterprises Shipping & Trading, is battling Staveley, a famous name in British sports finance, over the size of the money ...
  • Costamare boss takes stake in Seanergy Maritime
    Another dry bulk firm has piqued the interest of other shipowners in the public market. Konstantinos Konstantakopoulos, chairman and CEO of Greek boxship and bulker owner Costamare, has picked up a major stake in compatriot Nasdaq-listed capesize specialist Seanergy Maritime. According to a filing to the US Securities and Exchange Commission (SEC), Konstantakopoulos-controlled Longshaw Maritime ...
  • Pressure grows on Ottawa to act on day six of the Canada port strikes
    Day six of the west coast Canadian port strikes and the pressure is growing on the federal government to intervene to resolve a contract dispute between employers and the International Longshore and Warehouse Union (ILWU) Canada. Railway giant Canadian Pacific Kansas City has put a temporary hold on export traffic heading to the port of ...
  • US green lights Ørsted's Ocean Wind project off New Jersey
    US authorities have approved the plan for the construction and operations of Ørsted's Ocean Wind 1 project offshore New Jersey. Located about 24 kilometres southeast of Atlantic City, the project will have an estimated capacity of 1.1 GW, capable of powering over 380,000 homes. The project is supposed to create around 3,000 jobs through its ...
  • Shots fired in latest Iranian tanker skirmish
    A US destroyer has prevented attempts by the Iranian Navy to seize two commercial tankers in international waters in the Gulf of Oman with even shots being fired at one of the tankers. According to an account of the events by the US Navy, an Iranian naval vessel approached the Marshall Islands-flagged oil tanker TRF ...
  • The case for offshore container ports
    Rafael Zarama argues box ports should be established further out to sea. Container ports have evolved significantly since their inception in the 1950s. These ports, where ships dock in protected coastal waters and cargo is unloaded using cantilever cranes on skids, have undergone changes in size, technology, and optimisation. However, despite these adaptations, the traditional ...
  • ARI: Singapore to spearhead the adoption of digital solutions
    New Delhi-based global developer of simulation training systems for the maritime sector, ARI Simulation, has expanded its international footprint, launching operations in Singapore with Bhupesh Gandhi at the helm. A well-known name in maritime technologies and simulation circles, Gandhi joined Applied Research International (ARI) as Singapore CEO based on the company's proven track record and ...
  • Autonomous navigation voyage between Korea and Taiwan completed
    South Korean shipbuilder Samsung Heavy Industries has successfully demonstrated autonomous vessel navigation from South Korea to Taiwan, marking an industry first. The demonstration involved the installation of Samsung's self-developed remote autonomous navigation technology, known as Samsung Autonomous Ship (SAS), and the smart ship system SVESSEL on a 15,000 teu containership. The vessel sailed

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Lloyd's List web site
JULY 6, 2023
  • Iran seizes vessel a day after foiled hijackings of two US-affiliated tankers
    Iran's Islamic Revolutionary Guard Corps has seized an unidentified vessel in the Middle East Gulf, a day after the US...
  • Impasse continues in Canada port talks as business groups urge government intervention
    Canada's west coast dockworkers have been striking since Saturday and talks recently broke down over the issue of maintenance work...
  • IMO inches closer to agreement on GHG strategy revision
    While the most ambitious targets being pushed by US, UK and Canada have not been met, the current text suggests...
  • IMO defers guidelines for 'too early' shipboard carbon capture and storage technology
    Guidelines for onboard C02 carbon capture and storage will be incorporated into lifecyle analysis of greenhouse gas intensity of fuels...
  • Buyers backed by US-investors purchase MPC Container Ships feedermax pair
    Sale of 20-year-old and 21-year-old containership pair by MPC Container Ships and its joint venture partner includes their remaining two-year...
  • Hydrogen wars intensify with US' new $1bn initiative
    The Biden-Harris administration's new initiative could offer up to $1bn to help link producers and buyers in the nascent clean...
  • Ofac fine over Swedbank Latvia shipping client highlights need for strict sanctions compliance
    US sanction enforcer moderates penalty after violations deemed non-egregious
  • MAN ties up second big boxship methanol-fuel conversion project
    MAN Energy Solutions is now set to convert 15 boxships owned by tonnage provider Seaspan, in collaboration with container line...
  • Capesizes trend lower as forward curve weakens
    Weaker steel and coal trades have also weighed on dry bulk rates, pulling the Baltic Dry Index below 1,000 points...
  • SSY acquires offshore specialist shipbroker
    The deal to acquire F3 Offshore is the second this year as SSY accelerates its ambition to grow its offshore...
  • Greeks buy bulkers and shed tankers in first half
    Proceeds raised by Greek owners from selling ships were double the amount splashed on acquisitions
  • Grimaldi ro-ro vessel fire in New Jersey claims lives of two firefighters
    The 47,000-gross tonne Costa d'Avoria was completing loading operations when a fire started on deck number 10. The vessel's owner...
  • BP joins Maersk in backing biofuel start-up
    WasteFuel, a start-up planning to develop a global network of plants to convert municipal and agricultural waste into bio-methanol, had...
  • OOCL liftings up but revenue down by 9% compared with first quarter
    Liftings have increased across all of OOCL's route networks, with transpacific volumes up by 8.7%. Elsewhere, Asia-Europe liftings increased by...
  • Japan's largest port Nagoya gradually resumes operation after hacker attack
    A two-day operational halt as a result of the attack has caused significant congestion at the port
  • Human rights groups condemn Portland asylum accommodation plan
    The vessel Bibby Stockholm is being prepared to house asylum seekers at the UK port of Portland. But detractors say...
  • PSA buys into Duisburg Container Gateway project
    Duisburg Gateway Terminal is due to finish its first stage of construction next year. But low-water levels on the Rhine...
  • Daily Briefing
    No shortage of purge-worthy vessels in Panama detention list, but is it willing to pay the price? | Marine insurers...

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The Journal of Commerce web site
JULY 6, 2023
  • Trans-Pacific services get reworked as freight downturn continues
    Ocean carriers are pulling a variety of levers such as cancelled services, new port calls and slow steaming to keep ships on the water in the face of weak demand.
  • Impact of BC port strike could deepen without Ottawa's intervention
    The strike by ILWU Canada, which entered its sixth day Thursday, is expected to have an increasing impact on Canada's trans-Pacific trades if it drags into next week and beyond.
  • Japan's Nagoya port resumes cargo handling operations after ransomware attack
    Ocean Network Express said container operations on three vessels were affected by the disruption, but that loading and unloading had now been completed.
  • Ocean carriers in Europe facing multi-billion-dollar emissions price tag
    While the International Maritime Organization battles to reach agreement on a global carbon levy, the huge cost of compliance with Europe's market-based carbon levies is becoming clearer.
  • 'Nasty' air cargo market puts forwarders under pressure: Xeneta
    Weak demand from key regions in an air freight industry awash with excess capacity is forcing forwarders with block space agreements to fend off aggressive pricing policies by rivals.
  • Carriers in Europe facing multi-billion-dollar emissions price tag
    While the International Maritime Organization battles to reach agreement on a global carbon levy, the huge cost of compliance with Europe's market-based carbon levies is becoming clearer.
  • New capacity wave heading for trans-Pac trade: Sea-Intelligence
    The long-anticipated wave of container ship newbuildings will hit the water by the end of August, despite a weak cargo market that threatens to keep the new ships underutilized.

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TradeWinds web site
JULY 6, 2023
  • Iran seizes vessel in Gulf, a day after two failed attempts
    US Navy decides not to intervene as vessel seized on suspicion of smuggling activities
  • IMO forges 'wish and a prayer' carbon deal as greens bemoan checkpoint targets
    China, Brazil and Argentina push back against targets in line with Paris Agreement
  • Seanergy charters newcastlemax bulker while banking on China and global infrastructure projects
    Capesize market has fallen since late June, but chief executive sees 'very robust' dry bulk demand
  • Methanol newbuilding binge spills over to big tugboats
    Turkish shipyard Sanmar is scheduled to deliver the vessels in 2025
  • Grimaldi ro-ro catches fire off New Jersey, resulting in death of two firefighters
    Fire is still active aboard Italian operator's car carrier Grande Costa d'Avorio after fatal incident
  • Stolt-Nielsen investors not put off by legal battle loss as shipowner stays confident
    Shipping company sees shares jump over 3%, despite tax benefits keeping bottom line above water
  • Singapore's PSA International takes minority stake in German container terminal
    Company says Duisburg Gateway is key to providing green logistics services to Germany's dense industrial hinterland
  • Hapag-Lloyd and Seaspan Corp move on up to 60 methanol engine retrofits
    Container ship owners follow AP Moller-Maersk lead in deal with MAN Energy Solutions
  • Why burnishing shipping's brand has never been so important
    As BLUE celebrates its 15th anniversary, co-founder Alisdair Pettigrew shares his thoughts on shipping's evolving relationship with brand and reputation
  • Schulte Group back at Ulstein for up to six hybrid methanol wind farm ships
    Norwegian shipyard clinches major new deal to help shipowner expand CSOV fleet
  • Hapag-Lloyd and Seaspan move on up to 60 methanol engine retrofits
    Container ship owners follow AP Moller-Maersk lead in deal with MAN Energy Solutions
  • Iran crude exports fall from record post-sanction highs amid China checks
    Increased competition from Venezuela with cut-price crude also linked to cut in demand, says Vortexa
  • Investor in Maxim shipping deals faces fraud charges from SEC for earlier trades
    This week's Streetwise takes a look at allegations of illegal short-selling practices by Sabby Management and principal Hal Mintz
  • Car carrier bull run at risk from encroaching container ships, analyst warns
    VesselsValue's Daniel Nash says box vessels are muscling in as vehicle ships remain sold out
  • Shipowner Victor Restis moves against Newcastle Utd owner over 'unpaid loan'
    Victor Restis is reportedly seeking $47m from Amanda Staveley over a 2008 payment that he claims has not been paid back
  • Pen Underwriting drives marine growth with Norwegian acquisition
    UK-based insurer is aiming to become a £1bn premium company
  • MAN Energy Solutions reveals ammonia engine breakthrough in '911 call' to IMO
    Engine designer puts through emergency call to the IMO that technologies needed for decarbonisation are moving
  • Price rises for Russia's super-size FSU duo as second unit heads for Northern Sea Route
    Two Arctic behemoths being put on location as Russia forges ahead with plans to boost its LNG exports
  • Clarksons expands offshore renewables operation with new Edinburgh office
    UK shipbroking giant bolsters Scottish presence with hub for offshore wind work
  • Iran claims it had court order to seize the Chevron VLCC it fired on
    Gulf state says tanker had been involved in a collision
  • Price rises for Russia's supersize FSU duo as second unit heads for NSR
    Two Arctic behemoths being put on location as Russia forges ahead with its plans to boost its LNG exports
  • BW LPG helm: Anders Onarheim out and Kristian Sorensen in
    The chief executive will vacate his position later this year and be replaced by his deputy
  • US courtroom defeat torpedoes what would have been a record quarter for Stolt-Nielsen
    Without a legal judgment against it, the shipowner would have had a $113m profit instead of the $8.3m it finished with
  • SSY offshore operation grows again with deal to buy German shipbroker F3O
    UK-headquartered shop follows up February takeover of Westshore with another bolt-on acquisition
  • BP invests in Maersk-backed US bio-methanol start-up
    Oil major leads latest fundraising round for LA-based firm
  • Storm grounds pioneering LNG bunker vessel off Amsterdam
    Damage to Gasum-operated gas supply ship being assessed SSY builds offshore operation again with deal to buy German broker F3O
    UK-headquartered shop follows up February takeover of Westshore with another bolt-on acquisition
  • Anders Onarheim out and Kristian Sorensen in at helm of BW LPG
    The chief executive will vacate his position later this year and be replaced by his deputy
  • MPCC offloads final joint venture ships for massive profit, despite rate slump
    German owner makes $29.7m from sale of elderly container vessels acquired in a bank deal six years ago
  • Courtroom defeat torpedoes what would have been a record quarter for Stolt-Nielsen
    Without a legal judgment against it, the shipowner would have had a $113m profit instead of the $8.3m it finished with
  • Gram cashes in on record values in rare sale of car carrier duo
    Norwegian owner offloads smaller distribution vessels built in 2010 and 1996
  • Avance Gas sells penultimate older VLGC for eye-catching profit
    Owner planning to recycle cash into new ships to meet decarbonisation goals
  • Comment: Ghost ship saga reveals challenge of ageing ships and a flawed system
    The system of state port control is fundamentally unsound, but it is doing a job that some flag states are not
  • Cosco Shipping expects 74% plunge in earnings as container rates slide
    Giant Chinese owner says balance between supply and demand has shifted in the sector
  • Singapore's PSA takes minority stake in German container terminal
    Company says DGT is a key gateway to providing green logistics services to Germany's dense industrial hinterland

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American Shipper web site
JULY 6, 2023
  • Amazon Air cuts ties with Silver Airways
    Amazon's private airline that outsources cargo flying to third parties has ended its partnership with Silver Airways, a small regional carrier that operated five small ATR72-500 turboprop planes on small [...]
  • DHL Express christens Atlanta regional hub
    DHL Express cut the ribbon Thursday on the first hub ever opened in Atlanta by an air express carrier.
  • 2 firefighters killed in car carrier blaze at Port Newark
    Two New Jersey firefighters died fighting a blaze aboard the Grimaldi car carrier Grande Costa d'Avorio at Port Newark on Wednesday night.
  • Western Global Airlines sued for nonpayment of logistics services
    Western Global Airlines has hit hard times, losing Amazon as a primary customer, piling up debt and facing at least two lawsuits.
  • Uprooted cargo airlines relocate to secondary airport near Mexico City
    Mexico is kicking out freighter aircraft from the country's busy international airport to address overcrowding. The move to another airport is creating headaches for airlines.
  • Survey: More than two-thirds of CEOs call human rights a supply chain concern
    A new survey from Proxima says human rights within the supply chain are a growing concern for leaders of companies across the U.S. and the U.K. Here's what you need to know.

››› 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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