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24 April 2025 - Year XXIX
Independent journal on economy and transport policy
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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
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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