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12 January 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
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
In 2024, Tanjung Pelepas Port recorded a new all-time record in container throughput
Iskandar Puteri
Over 12.2 million TEUs were handled (+16.9%)
Works worth over 57 million euros for the energy infrastructure in the port of La Spezia
The Spice
Electrification of the New Cruise Pier and new hydrogen generators
Assologistica, the new rules on reverse charge discipline in the Budget Law are good
Milan
Rapid issuance of the implementing provision by the Revenue Agency is hoped for
The electrification of the docks of the ports of Sardinia starts from Portovesme
Cagliari
Almost 52 million euros of works planned
Arkas Line ships to reach India
Izmir
Turkish company to merge three services in the Mediterranean
Two lanes of ship transit tested in a 10km section of the Suez Canal
Ismailia
They are located in the area of the Little Bitter Lake
Suez Canal Transit Decline Costs Egypt Seven Billion Dollars
Cairo
In 2024, naval traffic decreased by more than -60%
Port of Valencia, monthly traffic down after over a year of growth
Valencia
Decrease in volumes in all main product sectors
Underwater cables damaged in the Gulf of Finland at Christmas
Helsinki
Oil tanker "Eagle S" stopped, part of shadow fleet operating for Russia
Cargo traffic at Chinese seaports increased by +3.2% in November
Beijing
Foreign goods increased by +6.1%. Containers increased by +4.9%.
TIL (MSC Group) - JNPA Agreement for the Construction of Vadhvan Port
Uran
The new airport is located on the western coast of India
Shanghai is the world's first port to handle over 50 million containers in a year
Shanghai
SIPG highlights strong productivity gains achieved by introducing automation boost in Yangshan area
Yang Ming to acquire up to 13 new 8,000-15,000 TEU containerships
Keelung
They will replace 5,500-6,500 TEU vessels that are over twenty years old
Eight amendments to the International Maritime Labour Convention enter into force today
Geneva
Changes introduced to improve living and working conditions on board ships
Carnival posts record performance for September-November quarter
Miami
Revenues increased by +10.0% in the period
Uniport appreciates that the port reform is taking place through a delegated law and trusts (!) in the government's willingness to open a dialogue with the operators
Rome
Søren Toft (MSC) is the new president of the World Shipping Council
Washington
Vice President is Randy Chen of Wan Hai Lines
"SHIPS for America Act" Introduced, Bipartisan Bill to Strengthen U.S. Shipping Industry
Washington
Among the proposals, carrying up to 10 percent of imports from China on U.S.-flagged, U.S.-crewed, U.S.-built ships
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
American Halliburton buys Norwegian Optime Subsea
Noted
European company develops technologies for underwater operations
Grimaldi took delivery of the multipurpose ro-ro Great Cotonou
Naples
Next month it will be launched on a new service of the group between China and Nigeria
Federagenti has appointed 24 "ambassadors"
Rome
They have been protagonists in the profession of maritime agent for over 60 years
Ports of La Spezia and Marina di Carrara, over five million allocated for the green transition
The Spice
Funds for the purchase of electric or hydrogen vehicles
In November, freight traffic in the ports of Genoa and Savona-Vado increased by +4.3%
Genoa
In the first eleven months of 2024, an increase of +1.1% was recorded
In the first 11 months of 2024, traffic in the port of Trieste grew by +6.4% thanks to mineral oils
Trieste
A decrease of -8.2% was recorded in the port of Monfalcone
Over two and a half quintals of cocaine seized in the port of Genoa
Genoa
The drugs were inside a refrigerated container coming from Ecuador
Manca (Sardinia Region): Promises of allocation of resources for the Kalport agency not fulfilled
Cagliari
Urgent meeting requested with Minister of Labor
Increases in port fees in the ports of Bari and Brindisi
Bari
Leone: we are committed to adopting measures that do not impact traffic and users
Large quantity of cocaine seized in the port of Olbia
Sassari
39 kilos of drugs discovered hidden in a minivan
From January Hupac will intensify intermodal connections between Belgium and Italy
Noise
The frequency of the shuttle train between Busto Arsizio and Padua will also increase
Port of Ancona, provisional concession granted to Fincantieri plant
Ancona
The new concession will last 40 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 annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
In November, freight traffic in the port of Barcelona fell by -3.7%
Barcelona
Container handling is growing (+6.3%), but not the weight of containerized cargo (-6.9%)
Saipem awarded new offshore contract by Shell in Nigeria
Milan
For the Italian company it has a value of around 900 million dollars
Rixi briefly illustrates the port reform
Rome
Creation of a publicly controlled company to manage investments and represent the Italian port system
Agreement between RFI and RSE for the study of a magnetic levitation freight transport system
Milan
Maritime safety, agreement signed at MIT to simplify verification procedures
Rome
Inspection and certification activities may be carried out by specifically accredited bodies
In the first eleven months of 2024, cargo traffic in Russian ports decreased by -2.0%
St. Petersburg
Both dry goods (-2.1%) and liquid bulk (-2.0%) are decreasing
Log In acquires 19,600 square meters of space at Interporto Toscano Amerigo Vespucci
Kansas City
It is the fourth acquisition in Italy of the Theoreim group company
Prysmian wins two EPCI contracts from French RTE, potentially worth €700 million
Milan
The laying of approximately 640 kilometers of land and underwater cables is planned
Testing of an autonomous port tractor in the port of Wilhelmshaven
Wilhelmshaven
It will be launched next year by Eurogate, MAFI, ICT Group and Embotech
Intesa Fincantieri - Sparkle for the protection and surveillance of submarine cables
Trieste
The two companies will analyze the requirements to improve the security of the infrastructure
Barcelona terminal operator BEST has ordered two new super post-Panamax quay cranes
Barcelona/The Hague
APM Terminals announces completion of work to increase capacity at MedPort Tangier terminal
Wärstilä sells Automation, Navigation and Control System to Swedish investment company Solix
Helsinki
In 2023 ANCS recorded revenues of 200 million euros
Cisl, speed up the choice of the president of the Port System Authority of the Eastern Ligurian Sea
The Spice
Necessary to implement works and investments
Works awarded for the expansion of the container terminal in the port of Koper
Coper
The works will be completed by the end of 2027
Container traffic in the port of Hong Kong fell by -4.2% last month
Hong Kong
In the first eleven months of 2024 the decline was -5.0%
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