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04 April 2025 - Year XXIX
Independent journal on economy and transport policy
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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.

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