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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.

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