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March 15, 2023

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Exim India web site
MARCH 15, 2023
  • Allcargo Group ramping up ESG initiatives to create positive impact for stakeholders
  • Deendayal Port's Berth No. 13 to be developed for handling multipurpose clean cargo
  • RECORD NUMBER OF DOMESTIC & INTERNATIONAL EXHIBITORS PUT UP A SPLENDOROUS DISPLAY AT THE EXPOSITION
  • Logistics activity picks up in Feb.
  • Manufacturing growth continues in Q4 supported by better capacity utilisation & investment outlook: Survey
  • PM Gati Shakti National Master Plan being implemented: Sonowal
  • SCI recommencing India-Maldives service
  • India to send delegations to boost onion exportsa
  • IndiGo further strengthens its cargo organisation, appoints Mark Sutch as Chief Commercial Officer of CarGo International
  • Etihad Cargo grows online booking portal capabilities
  • Qatar Airways Cargo celebrates International Women's Day with all-female freighter flight
  • Air NZ Cargo chooses CargoAi as first strategic partner to commence its digital offering
  • GMR Aero Technic wins Boeing's contract to convert 737 passenger aircraft into freighters
  • Real GDP projected to grow by 9.1 pc in 2021-22 & 7 pc in 2022-23
  • New berthing policy & tariffs at Kattupalli
  • Instructions for coal vessels at Krishnapatnam Port to improve turnaround times
  • Banana exports dip

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International Transport Journal web site
MARCH 15, 2023
  • GW continues upward trend
  • More and longer trains in Port of Valencia
  • Dachser expands in Australia and New Zealand
  • Humanitarian cargo from Middle East and elsewhere
  • Euro 6000 to operate along the rail highway
  • "Boxbay" to be implemented in Busan
  • Zeronorth picks Mike Konstantinidis
  • Keflavik Int airport updates masterplan
  • C02 emission calculator for all transport modes
  • Girteka banking on Chereau technology
  • SSY hires Roar Adland
  • Wilson and Seaber ink partnership
  • Investing billions of francs in road network
  • Robots handle 55,000 units
  • ZIM happy with "exceptional year"
  • "Curiosity of the Day"
  • L.I.T. renews contracts ahead of schedule
  • Qatar Airways Cargo: an all-women crew

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The Loadstar web site
MARCH 14, 2023
  • Flexport: 'We have no active accounts with SVB, Signature Bank or Silvergate Bank'
  • B767 freighter deliveries could be delayed by fuel tank problem
  • More bad news for carriers hoping rates decline has bottomed-out
  • Drop 'DB' and 'DP'. Call it 'DHL Schenker'. Sounds cool, huh?
  • Airfreight rate relief for shippers, or are things going to 'turn nasty'?
  • Shippers cry foul as Sri Lanka government reneges on all-in rate rule
  • Rivals set out to woo UPS customers as fears of a strike grow
  • Tighter PCTC supply restricts China's car-building boom
  • Zim expects customers to pay a premium for greener fuel

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Marine Log web site
MARCH 14, 2023
  • AUKUS submarine project: What's next?
    The AUKUS plan to provide Australia with nuclear-powered submarines took a significant step forward yesterday. The initiative, first publicly announced last September, will see the U.S. and U.K. share knowhow and technology
  • ACBL orders new 11,000 hp towboat at C&C Marine and Repair
    Jeffersonville, Ind.-based American Commercial Barge Line (ACBL), has awarded C&C Marine and Repair of Belle Chasse, La., a contract to build an 11,000 horsepower class towboat. "We are investing in our future
  • Sea Change ferry arrives in San Francisco
    The highly anticipated zero-emissions ferry, the M/V Sea Change, powered by hydrogen fuel cell technology arrived in San Francisco over the weekend, where it will prepare to carry passengers later this year.
  • Eastern Shipbuilding authenticates keel of new auto and passenger ferry
    Eastern Shipbuilding Group Inc.'s Allanton Shipyard in Panama City, Fla., last week hosted the keel authentication ceremony for a new 302-foot auto and passenger ferry (ESG Hull 228) it is building for
  • Sister shipyards fix WSF ferry damaged in "hard landing"
    When the 328 foot long Washington State Ferry M/V Cathlamet struck one of the mooring dolphins at the Fauntleroy Ferry Terminal near Seattle, on July 28, 2022, two sister shipyards - Everett

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Container News web site
MARCH 14, 2023
  • APM Terminals invests in Port Poti equipment
    APM Terminals Poti's investment strategy will continue in 2023, proceeding with the modernisation of existing infrastructure and machinery at Georgia's biggest harbour, growing capacity, improving safety and efficiency, and lowering environmental effects. The recent acquisition of two 40 m³ Hydraulic Bulk Discharge Hoppers by the APM Terminal Poti will enable bulk cargo to be discharged more effe
  • APM Terminals Gothenburg doubles reefer capacity and streamlines PTI service
    APM Terminals Gothenburg will double its reefer connections to more than 200 in the first half of this year, while at the same time, improvements to the pre-trip inspection (PTI) process are expected to increase efficiency. APM Terminals said that all reefer plugs of the Swedish terminal will be fed with electricity from renewable sources, in line with the entire terminal. "Using renewable energy
  • ECSA supports updated EU Maritime Security Strategy
    The European shipping industry has welcomed the updated European Union (EU) Maritime Security Strategy and its Action Plan on "An enhanced EU Maritime Security Strategy for evolving maritime threats". The updated Strategy solidifies the commitment of the EU to enhance its role as a global maritime security provider in a rapidly evolving geopolitical context, according to a statement. The European
  • CMA CGM joins race to operate Bangladeshi port terminals
    French shipping company CMA CGM has joined the race to operate Bangladeshi port terminals like many of its global peers. Three top regional bosses of CMA CGM met the Chittagong Port Authority chairman and other top officials on 13 March and proposed to operate the Bay Terminal and Matarbari deep-sea port, when they are ready. Laurent Olmeta, the Asia Pacific CEO for CMA CGM Group, Amish Shah, Hea
  • Shipping lines refusing to cut capacity in price war
    Container freight rates are still falling, while charter rates are holding up, suggesting that liner operators are chasing market share, even if it means a price war. Linerlytica's latest report, issued on 13 March, stated that around 738,014 TEU of capacity, or 2.8% of the fleet, is now idled, down from a peak of 3.8% in February, as shipping lines are reactivating inactive vessels after the Chi
  • PSA Jurong Island Terminal and JTC handle 130,000 TEUs in 2022
    In the year ending 31 December 2022, PSA Jurong Island Terminal in Singapore accomplished a record-breaking cargo throughput of more than 130,000 TEUs. This is the terminal's greatest volume since it opened in 2012 and a 30% increase from 2021 volumes. Another important achievement of PSA Singapore (PSA) and JTC cooperation - a statutory board under the Ministry of Trade and Industry in Singapore
  • CMC, ITI Intermodal and Columbia Container combine businesses
    Marine Repair Service - Container Maintenance Corporation (CMC), ITI Intermodal, Inc. (ITI) and Columbia Container Services have completed their agreement in order to combine their businesses. The closing date is targeted for mid-April following the regulatory review. Through this deal, the companies will collectively provide a full range of dry and reefer equipment maintenance & repair (M&R), st
  • CLdN enhances service network between European mainland and UK
    CLdN, a multimodal logistics service provider, announced the launch of new services from European regions to Teesport in the North East of England, as well as the expansion of its current service to London (Purfleet). The Teesside service will begin on 18 March 2023, with four round-trip sailings per week, three from Zeebrugge in Belgium and one from Rotterdam in the Netherlands. Furthermore, CLd
  • PSA Sines orders six Konecranes automated container cranes
    PSA Sines, the Portuguese subsidiary of PSA International, will enter the Automated Rubber-Tired Gantry (aRTG) market for the first time with the acquisition of six electric-powered aRTGs from Konecranes. The new cranes will be delivered in the first quarter of 2024. The completely automated cranes are expected to increase PSA Sines' efficiency while also supporting the terminal's growth plans. A
  • Congestion reported at India's Nhava Sheva Port after APMT berth closure
    Containerised trade flowing through India's Nhava Sheva Port (JNPT) is facing bottlenecks due to significant capacity reduction fuelled by the closure of a berth operated by APM Terminals Mumbai, also known as Gateway Terminals India (GTI). Because of the extra pressure on available capacity, all terminals in the harbour are facing congestion problems, according to local trade sources. In additio
  • Global tank container fleet surpasses 800,000 units
    According to this year's International Tank Container Organisation (ITCO) survey, the global tank container fleet hit 801,800 units on 1 January 2023, up from 737,935 on 1 January 2022, representing an 8.6% increase year on year. In order to meet the ongoing high demand for new equipment, a total of 67,865 new tank containers were constructed, up from 53,285 new units the prior year - a 14,580 un
  • Interview with Asparuh Koev, CEO of Transmetrics: "Still, we can't conceive an airplane without a pilot in the cockpit"
    New digital systems and technologies, such as Artificial Intelligence (AI) and Machine Learning (ML), are becoming more and more important in the shipping sector, transforming slowly but significantly one of the most conservative industries. Asparuh Koev, CEO of Transmetrics, a Bulgarian tech company aiming to optimise logistics planning and asset management using the power of predictive analytic
  • 9 Key Strategies for Small Businesses to Boost Their E-Commerce Sales this year
    E-commerce is the new frontier for small businesses. With so many options and prices, getting lost in the vast sea of online shopping is easy. This can be a huge problem if your business needs to prepare for this brave new world. But even if you are still getting ready to sell goods online, plenty of benefits still come with being an e-commerce business owner--and they all start with strategy! He
  • Box volumes increase in Saudi ports
    The Saudi Ports Authority (Mawani) reported a 7.76% increase in cargo traffic in February 2023, with 622,837 TEUs handled compared to 577,993 TEUs in 2021. The monthly container statistics show a 12.7% rise in exported containers - from 172,208 TEUs in February 2022 to 194,157 TEUs this year - with imported containers increasing 5.9% year-on-year to 193,937 TEUs. Additionally, the transshipment s

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Splash web site
MARCH 14, 2023
  • Safe Bulkers sells panamax
    New York-listed Greek dry bulk owner Safe Bulkers is selling its 2012-built panamax for $22.5m. The Japanese-built ship will be delivered to an undisclosed owner in June and chartered back for ten to fourteen months at $16,050 per day. The Monaco-headquartered firm also recently signed up for a Japanese kamsarmax newbuild for delivery in the ...
  • Solstad Offshore offloads laid-up AHTS
    Oslo-listed OSV owner and operator Solstad Offshore continues to further trim its fleet with the disposal of the fifteen-year-old anchor handling tug supply ship . Delivery of the 2008-built AHTS to an undisclosed buyer has already been completed, with a minor positive accounting effect for the first quarter of 2023. The Norwegian-flagged 2,350 dwt vessel ...
  • Ernst Russ and Eimskip JV snaps up feeder boxship
    A joint venture between Germany's Ernst Russ and Icelandic liner Eimskip has purchased a secondhand feeder container vessel for an undisclosed sum. The 2009-built 1,025 teu ship to be named Bakkafoss matched the description of Elbdeich Reederei's Elbsummer, estimated to be worth around $8.2m. The vessel will deliver in the second quarter and expand the ...
  • Rem Offshore reveals multiple PSV contracts
    Norway's Rem Offshore has announced multiple contracts for its platform supply vessels. In the UK sector, Apache North Sea has extended contracts for Rem Cetus, Rem Insula and Rem Server for one year. The 2015-built Rem Arctic has been awarded contracts with compatriot well management player, Well Expertise for 2 wells supporting Deepsea Yantai, and ...
  • Ocean Winds signs Portuguese wind port pact
    Ocean Winds, a joint venture between Engie and EDP Renewables (EDPR), has signed a memorandum of understanding with the Port of Setubal in Portugal to work together on preliminary steps in getting the port infrastructure ready for the upcoming offshore wind development in the country. Portugal's offshore wind has drawn interest from several European utilities ...
  • Maran Gas back at DMSE with $520m deal for two LNG newbuilds
    Maria Angelicoussis-led Maran Gas Maritime has signed up for two LNG carrier newbuilds at South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) at most likely the highest price recorded to date. The gas shipping unit of Greece's Angelicoussis Shipping Group is paying KRW679.4bn ($519m at today's exchange rate) to have the 174,000 cu m pair ...
  • Ocean Installer secures work on Equinor floating wind project
    Marine construction player Ocean Installer, formerly Havfram Subsea, has won a contract from Equinor for the installation of dynamic inter-array cables on the Hywind Tampen offshore floating wind farm in Norway. Hywind Tampen is currently the world's largest floating wind farm and the first related to the electrification of oil and gas assets. The wind ...
  • Korean shipowning universe in for a shake-up as private equity looks for an exit
    The Korean shipowning universe is in for a shake-up with private equity keen to cash out of the sector. Hahn & Company, the biggest private equity player in Korean shipping, is seeking a buyer for both the tanker division of SK Shipping as well as H-Line Shipping, one of the country's largest shipowning entities. Likewise, ...
  • Beijing drops Australian coal ban
    Beijing has scrapped its ban on Australian coal, with a growing armada of bulk carriers leaving terminals Down Under bound for the People's Republic. The ban, in place since late 2020 over arguments about the origins of covid, was partially lifted in January when the Chinese government allowed four large importers to restart buying Australian ...
  • Fugro and Ocean Infinity secure Scottish floating wind site survey work
    The consortium behind Ossian floating offshore wind farm has awarded the contract for geotechnical investigations to Fugro and Ocean Infinity. The Ossian project is being delivered by a partnership of Scottish renewable energy developer SSE Renewables, Japanese conglomerate Marubeni Corporation and Danish fund management company Copenhagen Infrastructure Partners (CIP). Set to be located across 8
  • Viking Supply Ships to take over Ocean Yield's AHTS pair from Solstad
    Sweden's Viking Supply Ships (VSS) has struck a deal with Norwegian owner and sale and leaseback player Ocean Yield to bareboat charter in two anchor handling tug supply (AHTS) vessels currently on contract with Solstad Offshore. The Christen Sveaas-controlled Viking Supply will take the 2013-built Far Senator and Normand Statesman for a period of five ...
  • Blue Water Shipping inks five-year contract with Vestas
    Denmark's logistics provider Blue Water Shipping and wind turbine maker Vestas have signed a five-year deal for the handling of wind components in the ports of Esbjerg and Cuxhaven. Blue Water said the contract is "by far the most comprehensive that has been concluded between the two companies". The agreement covers terminal handling of the ...
  • Ace Tankers takes four chemical carriers from Utkilen
    Ace Tankers, a fast growing Amsterdam company backed by Idan Ofer, has swooped for the fleet of Stream Tankers, a chemical carrier subsidiary of Bergen-based Utkilen. Brokers tell Splash Ace Tankers has paid $34m per ship for the 19,998 dwt sister ships, Stream Atlantic, Stream Arctic, Stream Baltic and Stream Pacific, all ships built in ...
  • Russia allows 60-day extension to the Black Sea Grain Initiative
    With just days to go until the latest period of the Black Sea Grain Initiative was due to expire, Russia has agreed to a 60-day extension, which is half the number of days agreed when it first expired in November. The shipping pact between warring neighbours Ukraine and Russia was brokered last summer by the ...
  • Philippine tanker responsible for dire oil spill did not have the correct paperwork
    As the Philippines grapples with its worst oil spill since 2006, it has emerged that the sunken tanker at the centre of the disaster did not have a permit to sail. The locally flagged Princess Empress product tanker sank off the island of Mindoro on February 28, having lost power during rough weather. The ship ...
  • COSCO and China Merchants tipped to bid for stake in Hutchison Ports
    The mix of the global container terminal operators is ready for a shake-up with multiple sources, including Reuters and Bloomberg, reporting PSA International is looking to sell its 20% stake in Hutchison Ports. PSA bought the stake in 2006 and is understood to be looking for around $4bn to offload it this year, with Bloomberg ...
  • Seafarers as collateral strike damage
    Steven Jones, the founder of the Seafarers Happiness Index, on how the wave of industrial action at quaysides around the world is keeping seafarers at sea. Well done everyone, we survived covid. We faced down the challenges, threats, coughs and came out stronger. Yes, seafarers were locked down, they were forced to remain onboard for ...
  • US federal government puts US Arctic Ocean off limits for future oil and gas leasing
    The US Department of the Interior announced this week that the entire US Arctic Ocean is off limits for oil and gas leasing. Using his authority under the Outer Continental Shelf Lands Act, President Biden is withdrawing approximately 2.8m acres of the Beaufort Sea in the Arctic Ocean nearshore in the National Petroleum Reserve-Alaska (NPR-A) ...
  • Gulf Wind Technology and Shell to collaborate on offshore wind technology in the Gulf of Mexico
    Louisiana-based wind turbine rotor technology specialist Gulf Wind Technology (GWT) and Shell New Energies US LLC have partnered to address challenging wind conditions in the Gulf of Mexico in advance of offshore wind energy development in the region. Through the Shell Gulf Wind Technology Accelerator program, funded by a $10m investment by Shell, the companies ...

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Lloyd's List web site
MARCH 14, 2023
  • No evidence of price cap violations, says US official
    Price cap on Russian energy exports said to be fulfilling its dual goals of hurting Moscow's revenues while keeping global...
  • Greeks lag Asian owners in new orders
    By contrast to dry bulk and product tanker sectors, Greeks remain leading investors in LNG carrier and crude oil tanker...
  • CLdN adds new routes to Teesport while expanding London service
    World's third-largest operator of shortsea ro-ro cargoships will serve Teesport for the first time. Its new services will fill a...
  • Singapore bunker sales fell to eight-month low in February
    Marine fuel sales in Singapore dipped in February, likely signalling weaker demand on the back of lower freight rates for...
  • US liquefied natural gas exports to grow by double digits in 2023, according to EIA
    Demand for liquefied natural gas is expected to rise as it will continue to replace pipeline natural gas exports from...
  • Seanergy confident about dry cargo prospects
    Sustainability-linked loan to finance repurchase of 2011-built capesize leased back from Cargill
  • Is PSA's stake in Hutchison Ports a fit for Chinese giants?
    To spend billions of dollars on a minority equity stake in Hutchison global port portfolio seems to contradict what Cosco...
  • Court of Appeal ruling to clarify cargo policy wording
    Outcome at first instance already provides precedent interpreting section 13a of the 2015 Insurance Act, setting out right to be...
  • Capesizes return to profit-making territory
    Capesize rates are up 679% since mid-February to their highest level this year, as optimism about China's prospects amid low...
  • China accelerates coal-buying from Australia
    Volumes are picking up with some 24 ships and a total of 1.8m tonnes so far being booked for coal...
  • Russia proposes extending Black Sea grain deal for shorter period
    Russia is proposing that the grain deal be extended for 60 days, which is half the period of the initial...
  • Angelicoussis Group orders two LNG carriers from DSME
    Vessels scheduled for delivery in first half of 2027
  • Chinese ports group rebrands amid consolidation drive
    Local ports integration has been a part of China's industrial consolidation wave
  • Charter rate premiums for eco boxships increasing
    A two-tier containership charter market is gaining traction as modern ships capable of variable service speeds are able to obtain...
  • Türkiye ramps up Russian oil imports post EU ban
    Turkish buyers have been taking advantage of discounted Russian oil prices by increasing imports to record high levels, as the...
  • Supply chain diversification proves positive for 'hotspot' ports
    Global port throughput has stagnated since the second half of last year. But countries such as Vietnam and Mexico are...
  • PSA Jurong Island Terminal achieves record-breaking throughput
    PSA facility reports highest annual liftings since opening in 2012, as volumes jump 30% year on year
  • Daily Briefing
    Container demand fall will spark service modifications | Zim expects second-half rebound as rates 'near bottom' | Container lines 'likely...

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The Journal of Commerce web site
MARCH 14, 2023
  • Freightos' 2022 financials reveal losses amid improving operating margins
    Freight rate booking marketplace Freightos said its unprofitable business is seeing improving margins and that scale will help it past the breakeven point.
  • Wan Hai faces $950,000 fine under revised FMC settlement over detention charges
    Wan Hai is now looking at a larger civil penalty than it faced nearly a year ago following an investigation into detention charges the carrier assessed in the spring of 2021.
  • Simplify & Customize Your Infrastructure
    Looking to scale? Simplified infrastructure designed to scale with you. Equinix Bare Metal.
  • Wan Hai faces $950,000 fine under revised FMC settlement
    Wan Hai is now looking at a larger civil penalty than it faced nearly a year ago following an investigation into detention charges the carrier assessed in the spring of 2021.
  • US trucking, warehousing firms shed jobs, but still have more than a year ago
    Most of the transportation job losses reported for February were due to seasonal cuts rather than economic contraction, according to the US Bureau of Labor Statistics.
  • MSC drops India calls on intra-Asia string amid network realignment
    MSC and other leading carriers serving Indian trades have been reorganizing their service networks and vessel deployments in a bid to match excess capacity with weakening demand conditions.
  • Global supply chains not quite back to pre-pandemic norms: analyst
    A variety of data sources suggest it is premature to conclude that supply chain bottlenecks have reverted to their pre-COVID levels, as issues continue to be more pervasive than before the pandemic, writes analyst Jason Miller.

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TradeWinds web site
MARCH 14, 2023
  • KNOT Offshore ships end up as conventional tankers amid search for new charters
    Two of the Scottish owner's shuttle tankers shifted from the shuttle tanker market amid sluggishness in the North Sea
  • UN shows openness to shorter renewal of Black Sea grain deal
    In a carefully crafted statement, UN spokesman puts emphasis on the scheme being continued - not for how long
  • US issues citations and fine against stevedore after worker killed in cargo hold
    Premier Bulk Stevedoring allegedly failed to follow required safety standards after worker killed aboard a Wagenborg general cargo ship
  • China reportedly ends Australian coal ban begun in 2020
    Beijing tells ports and customs offices to allow cargoes from Australia, after green-lighting just four major importers in January
  • Slideshow: A-listers turn out for Green Seas debut fuels forum in New York
    First live event by Green Seas talks to the shipping companies that are investing today in a greener tomorrow
  • Seanergy Maritime ekes out profit as China's woes weigh on capesize bulker market
    New York-listed shipowner beats analyst estimates and Baltic Exchange TCE assessments
  • Solstad follows $577m PSV fleet sale with disposal of laid-up AHTS
    Norwegian owner continues to shed ships as it refocuses on wind and subsea
  • Two-tier charter market emerges for feeder container tonnage
    Charterers cough up for modern vessels likely to provide a better CII rating
  • Ammonia-fuelled bulker trial yields 'surprising' results
    Study is being shared in the hope that others can help tackle hurdles in adopting the zero-carbon fuel
  • A-listers turn out for Green Seas debut fuels forum in New York
    First live event by Green Seas talks to the shipping companies that are investing today in a greener tomorrow
  • Hahn & Co eyes $1.5bn profit from sale of SK Shipping tanker fleet
    Private equity player could also offload bulker and LNG carrier owner H-Line Shipping
  • Eagle Bulk 'ready for take-off' as bulker market takes flight
    US owner is now a compelling investment after recent share price falls
  • Zim expects to earn a cool $2bn this year. Here's why
    Things will get better as newbuildings are deployed, supply tightens and demand recovers
  • 'Fierce competition' for bulkers as Norwegian investors return to S&P fray
    'Savvy' Greek buyers facing renewed interest from Nordic rivals
  • K Line seeks to boost cash pot for directors
    New director pay structure seeks to reward emission cuts in the fleet
  • Hong Kong's first FSRU sets course for new home via South Korea
    Much delayed new import facility finally ready to receive world's largest floating storage and regasification unit next month
  • 'More MR sales than we care to count,' says broker Cleaves
    Owners continue to take advantage of high demand and prices as sellers clamour for clean tankers
  • Fifteen-year-old LNG steamship floated for sale as S&P action rolls on
    One of the more modern Moss-type vessels is expected to find a new home offering storage or for short-haul trades
  • Oil slick tanker had 'no permit to sail' before sinking
    Philippines senate hearing is told that vessel sailed nine times without the correct documentation
  • Maran Gas Maritime inks pricey LNG newbuilding pair at DSME
    Orders continue to trickle in despite 2022's record haul
  • 'Another fantastic flip' for Lila Global as it makes $9m on veteran suezmax
    Tanker Lila Hong Kong was acquired from Cosco in October
  • 'Wreaking havoc': Turkish demand boosts the market for Russian crude
    French shop BRS says strong demand from Turkish refinery could hit Western efforts to limit Russian profits from oil sales
  • Ernst Russ and Eimskip team up to buy feeder container ship
    German tonnage provider and Icelandic line expand their portfolio
  • Danish ferry boss removed as master takes over to save money
    Boye Kromann will remain a board member at Aeroxpressen but will no longer run the company
  • 'Wreaking havoc': Turkish demand boosts market for Russian crude
    French shop BRS says strong demand from Turkish refinery could hit western efforts to limit Russian profits from oil sales
  • Exmar LPG linked to top-dollar deal for Hyundai Mipo gas carrier orders
    Midsize carriers to cost $74m each - just shy of the price paid for the world's first LPG dual-fuelled VLGC
  • Brazilian navy reports Tsakos bulk carrier grounding
    Incident took place in Babitonga Bay on Saturday
  • Viking Supply brings in super-large Ocean Yield anchor-handlers for five years
    Pair of offshore ships were previously operated by Solstad
  • Gabon FLNG project plans to deploy FSU and multi-purpose vessel conversion
    Details on infrastructure make-up of Perenco's newly unveiled development start to emerge
  • Leon Patitsas: Energy security trumps energy transition
    Greek shipowner argues that it is conventional ships, attractive entry points and low break-evens that matter as green euphoria subsides
  • Greece's Atlas Maritime reveals strategy in savvy $1bn push for steel
    Macquarie and Fortress Investment emerge as partners of Greek shipowner Leon Patitsas
  • Windward says exposure to collapsed Silicon Valley Bank is 'minimal'
    London-listed company says it has over $20m in cash and remains 'well capitalised'
  • Singapore's PSA said to be eyeing CK Hutchison Port stake sale
    Singapore Inc looks to cut one set of Hutchison Port ties as it continues to build up another
  • Yangzijiang Shipbuilding inks product tankers worth up to $700m in flash sale
    Container ship slots freed up by Singapore-listed shipyard were 'snapped up overnight' by European companies

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American Shipper web site
MARCH 14, 2023
  • DOT approves private equity buy of Atlas Air, company says
    Atlas Air has apparently cleared the final hurdle for its sale to Wall Street hedge funds.
  • Viewpoint: Tug of war between higher wages and inflation
    More than 130,000 civil and public servants who are part of the Public and Commercial Services Union will walk out in what it is calling the largest strike in civil service in decades.
  • February still busy for Georgia Ports despite year-over-year, sequential dips
    The Georgia Ports Authority reported its second-busiest February ever.
  • Cash burn saddles digital market Freightos as shipping market sinks
    Freight reservation aggregator Freightos issued its first earnings report as a public company. Reducing losses continues to be a challenge in a difficult economy.
  • Cargo influences British Airways to use big jets on European hops
    IAG's cargo division has convinced management to use larger passenger jets on some short-hop routes to capture more cargo business.

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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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