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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
February 16, 2023

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Exim India web site
FEBRUARY 16, 2023
  • Allcargo Logistics reports combined EBITDA of INR 341 cr. for Q3,expands global LCL market share to 15%
  • Kotak Global Logistics skilfully handles ODC shipment from India to Africa
  • CTL-BHP 2023 a resounding success
  • AD Ports Group announces record financial results for full-year 2022
  • PM lauds South Central Railway for achieving new record in Originating Freight Earnings
  • Carrier capacity reaction not effective
  • YOU ASK.. WE ANSWER...
  • MOL selected as member of S&P Global Sustainability Yearbook 2023
  • National Co-operative Exports aims to double revenue by 2025
  • Exports seen getting hit by Turkey earthquake

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International Transport Journal web site
FEBRUARY 16, 2023
  • Green alliance linking land and sea
  • E-trucks emit 63% less GHG than diesel
  • From Canada to Florida
  • Casimir Lindholm named president and CEO
  • Sats JV: a multi-modal hub for a new airport
  • Cool transports to the Caucasus
  • Adani Ports sees itself on track
  • More capacity on Ireland-Belgium loop
  • When Paris meets Vienna
  • Kristina Ferenius to join Swedavia
  • Intermodal Gdansk service expanded
  • Cargo traffic over Switzerland up 39.3%
  • TIC takeover in Singapore
  • Fedex Express picks Ee-Hui Tan
  • A successful start for Harder Logistics facility
  • Plans for a regular shuttle train
  • "Curiosity of the Day"
  • Aircastle's first B737-800SF

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The Loadstar web site
FEBRUARY 15, 2023
  • Lufthansa Cargo apologises to customers as it freezes bookings after IT outage
  • MSC expanding standalone services to grow its network outside the 2M
  • New owner drives $80bn Air India fleet expansion to regain market share
  • MSC, the anti-logistics integrator, shows M'rsk how it's done
  • Uber Freight's dismal view of US trucking; not much good news for shippers
  • 2M implications; cyber-attack legal action; extreme weather
  • DB Schenker and MSC in biofuel deal to offset carbon from ocean cargo
  • Founder of LogTech start-up Slync charged with $67m fraud

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Marine Log web site
FEBRUARY 15, 2023
  • NOV launches new offshore wind service vessel concept
    Add another to the string of offshore wind service vessels categories. In addition to SOVs and CSOVs, you can now include modular service and operations vessels (MSOVs). The concept has been developed
  • NTSB identifies cause of $1.5 million steamboat Natchez fire
    Combustible materials left unprotected near hot work led to a fire on the iconic New Orleans steamboat Natchez passenger vessel, the National Transportation Safety Board says in its latest report dealing with

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Container News web site
FEBRUARY 15, 2023
  • Telemar enters into agreement with MINSHIP Shipmanagement
    Marlink's subsidiary Telemar has signed a maintenance and service agreement for eight bulk carriers operated by MINSHIP Shipmanagement. Under this agreement, Telemar will provide global service coordination for German shipping company MINSHIP. The deal includes the provision of the latest Telemar World Service (TWS), a web-based tool for managing scheduled and predictive service appointments for
  • Chinese shipyards dominate market
    "In 2022, Chinese shipyards reached a market share of 47% and for the first time exceeded the combined market share of Japanese and South Korean shipyards," said Niels Rasmussen, chief shipping analyst at BIMCO. Ships delivered to new owners by Chinese shipyards in 2022 totalled 14.6 million Compensated Gross Tonne (CGT), a measure of shipyard activity, of the 30.8 million CGT delivered globally.
  • Marinetrans takes over Mediterranean marine logistics specialist
    Marinetrans, a part of GTS Group and a logistics service provider specialising in supply chain solutions for ship owners and ship management companies, has acquired Door To Deck (D2D), a marine logistics specialist in Cyprus and Greece. Marinetrans has already opened an office in Athens, the capital city of Greece, and expects to gain a substantially larger presence in the country with this acqui
  • ONE, Seaspan conclude second joint crisis management drill
    Ocean Network Express (ONE) and Seaspan Corporation concluded their second joint crisis management drill on 14 February 2023. Building on lessons learned from the inaugural joint drill in December 2021, representatives from the two companies responded to a simulated scenario involving a fire on board a container ship during an outbound passage from Vancouver in Canada. "The drill tested emergency
  • Hyster introduces new engine fuelling options for lift trucks
    Hyster has introduced new engine fueling options that allow its Big Trucks and A Series IC forklifts to use EN15940-compliant hydrotreated vegetable oil (HVO), reducing CO2 emissions. Furthermore, the H2.0-3.5A Gas to liquid (GTL) and biomass-to-liquid (BTL) fuels can be used in a series lift truck. These fuel alternatives may reduce CO2 emissions by up to 90%, assisting businesses in minimising
  • Transport workers' strike freezes vessel and port operations in Finland
    Finnish Transport Workers' Union, Auto-ja Kjetusala Työntekijäliitto (AKT), commenced its strike action on 15 February at 06:00 am (local time) impacting all ports and terminals of the country. The negotiations and discussions between the union and employer organisations about a new collective bargaining agreement were not successful and, therefore, the settlement proposals that mediator Leo Suom
  • DCSA's ocean carriers agree on 100% eBL transition by 2030
    The Digital Container Shipping Association (DCSA) announced that the nine ocean carriers that are members of the association commit to 100% adoption of an electronic bill of lading (eBL) based on DCSA standards by 2030. The container shipping companies commit to converting 50% of original bills of lading to digital within five years and 100% by 2030 to accelerate the digitalisation of container t
  • Danish analysts see "price war" behind carriers reaction to recent container demand collapse
    Danish maritime data analysis company noted the different approaches of container shipping lines to the demand decrease at the beginning of 2020 caused by the Covid-19 pandemic outbreak and in the recent container demand collapse, which started in September and continued until the end of 2022. In the first case, Sea-Intelligence said that carriers reacted swiftly, reducing liner capacity at a pac
  • AD Ports boosts both financial and container figures
    AD Ports Group has announced its results for the previous year, reporting strong operating and financial performance. First of all, the container throughput of the UAE-based operator grew to 4.33 million TEUs in the last year, representing an increase of 28% year-on-year, as the utilisation of the two existing container terminals continued to improve. Additionally, the total net profit of the com
  • MRS-CMC expands its depot in Dallas
    Marine Repair Services - Container Maintenance Corporation (MRS-CMC), a supplier of intermodal services, has expanded its depot in Dallas, United States from 60,000 m² to more than 100,000 m² meters. The Marino Group's company said that it has bought the site, which is less than 1.6 kilometres from the Union Pacific Dallas Intermodal Terminal, while the company has been leasing the original depot
  • Yang Ming could choose Hyundai Heavy Industries for newbuildings
    Hyundai Heavy Industries (HHI) is tipped to be chosen to build the five 15,000 TEU LNG-powered container ships being planned by Taiwan's Yang Ming Marine Transport. Alphaliner, in its report released, said that HHI had signed a letter of intent with an undisclosed Asian ship owner in early February. It is estimated that each ship is priced at US$185 million and delivery is expected between 2025 a
  • CMA CGM ship fitted with windshields
    French carrier CMA CGM has followed in ONE's footsteps by installing windshields on its large ships. According to Alphaliner's latest report, released today, the 2012-built 16,000 TEU CMA CGM Marco Polo, has been fitted with windshields while being dry docked in Yiu Lian Dockyard in Shekou, China, at the end of 2022. The retrofitted ship then resumed service on OCEAN Alliance's Asia-US East Coast
  • Yara Marine strengthens its portfolio of propulsion optimisation technology
    Yara Marine, a green technology provider firm, has announced the 300th vessel contract for FuelOpt, its automated propulsion optimisation technology. "The order strengthens Yara's presence in the rapidly growing sector of vessel optimization, as shipowners seek to minimize fuel costs and reduce emissions in line with recent regulatory requirements," commented a Yara Marine official. FuelOpt, acco
  • APM Terminals Mobile announces US$60 million rail expansion project
    APM Terminals Mobile has decided to invest around US$60 million in the expansion of its rail infrastructure capabilities. Specifically, Maersk-owned port operator plans to develop additional tracks, rail yard storage space and improved access from the berth to the railyard. APM Terminals said the new project is expected to enhance the US terminal's productivity, safety and supply chain speed. In
  • Kpler secures double acquisition of MarineTraffic and FleetMon
    Kpler, a provider of commodities data, analytics, and market insight, has announced a double acquisition, taking over MarineTraffic and FleetMon, two providers of global ship-tracking data and maritime analytics. The deal follows an earlier acquisition of FleetMon by MarineTraffic, resulting in a coordinated double acquisition for Kpler in the maritime analytics space. Both Athens-based MarineTra
  • CMA CGM in talks to acquire La Méridionale
    French CMA CGM Group has entered into exclusive discussions with its compatriot STEF Group, a European company for temperature-sensitive logistics, to acquire 100% of La Méridionale, a maritime firm for mixed freight and passenger transport in Marseille, France. CMA CGM said in its statement the finalisation of this transaction is conditional on the signing of share transfer agreements, after inf
  • Aker Solutions confirms cyber attack on its Brazilian subsidiary
    Aker Solutions' subsidiary CSE in Brazil has become victim of a cyber-attack that has impacted its Information Technology (IT) systems. Aker Solutions, a solutions, products and services provider in the global energy industry, said it "is working to contain and neutralise the attack, but does not yet know the full extent of the situation." The company has informed and is cooperating with the Braz
  • Seaber, Neste launch cooperation to optimise maritime logistics
    Seaber.io, a Finnish marine technology firm, has announced a collaboration with Neste, a producer of renewable and sustainable fuels. Neste plans marine logistics tasks such as shipping schedules and port calls using Seaber's software. According to Seaber.io, the Software as a Service (SaaS) solution is designed for both shipowners and cargo owners. Also, Seaber's technology delivers data-driven

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Splash web site
FEBRUARY 15, 2023
  • Fratelli Cosulich adds handy bulker
    Italy's Fratelli Cosulich Group has purchased a 2015-built handysize bulk carrier. The price tag for the 38,900 dwt ship, online pricing platform VesselsValue estimated as worth $17.4m and owned by Japan's Doun Kisen, has not been revealed. The new addition will lift Fratelli Cosulich's fleet to 15 vessels. It will be renamed Saturnia and ...
  • Euroseas goes after Continental Shipping Line for charter repudiation
    Greek boxship owner Euroseas is pursuing legal action against Singapore-based Continental Shipping Line (CSL) for not honoring the time charter deal agreed upon last year. The Nasdaq-listed company re-fixed its smallest and oldest vessel, , to CSL in February 2022 for a period of 36 to 39 months at a rate close to 257 percent ...
  • MSC forges biofuels deal with DB Schenker
    Swiss-based liner Mediterranean Shipping Co (MSC) and freight forwarder DB Schenker, a division of German rail operator Deutsche Bahn, have sealed a deal that aims to slash carbon emissions by using second-generation biofuels. The arrangement covers 12,000 tonnes of biofuel component for all of DB Schenker's consolidated cargo, LCL (less-than-container load), FCL (full-container-load) and reefer
  • Well-Safe Solutions seals decommissioning frame deal with Apache
    Aberdeen-headquartered decommissioning specialists Well-Safe Solutions has signed a multi-year framework agreement with Apache Corporation for operations in the UK North Sea. The deal provides the US-based energy producer with access to specialist decommissioning assets the Well-Safe Defender and Well-Safe Guardian to plug and abandon (P&A) its well stock. Chris Hay, director of strategy and busi
  • BP makes South Korean offshore wind moves
    UK oil supermajor BP has struck a deal to buy a 55% stake in Norway-based Deep Wind Offshore's early-stage portfolio as part of a joint venture to develop offshore wind opportunities in South Korea. BP said the move would see it enter the South Korean offshore wind market through Deep Wind Offshore's existing presence in ...
  • CMA CGM follows ONE with bow windshield installation
    The bow windshields first invented by Japan's Mitsui OSK Lines (MOL) could be set to go mainstream with news that the world's third largest liner has installed one on a flagship in its fleet. Images from the Tugster, a blog covering ships passing through the port of New York, show the 16,000 teu has had ...
  • Kpler acquires MarineTraffic and FleetMon
    Commodities data firm Kpler has acquired two well-known ship tracking brands, MarineTraffic and FleetMon. The deal follows an earlier acquisition of FleetMon by MarineTraffic, resulting in a coordinated double acquisition for Kpler in the maritime analytics space. "Combining these companies' strong points will allow Kpler to unlock more value for the maritime sector and increase ...
  • Havila Shipping wins Equinor PSV charter
    Norwegian OSV owner Havila Shipping has secured a new contract with Equinor for the 2011-built platform supply vessel. The Fosnavåg-based firm said the contract is for a firm period of six months and includes two options of two months each. The new contract will start in the second half of February in direct continuation ...
  • Hyundai Heavy tipped to have won Yang Ming boxship series
    Yang Ming is being tipped by Alphaliner as putting pen to paper for a series of 15,000 teu ships in South Korea. The Taiwanese liner stands out among the top 10 carriers as the only one with no ships on order, but has recently sought expressions of interest to construct five 15,000 teu LNG dual-fuelled ...
  • Grimaldi takes concession at Amsterdam port
    Italy's Grimaldi Group has won a 20-year concession for a multipurpose cargo and roro terminal at the Amerikahaven dock in the port of Amsterdam. In an 80-20 joint venture with the Dutch logistics operator TMA Holding, Grimaldi has formed a subsidiary called Amsterdam Multipurpose Terminal (AMT). AMT is a 20 ha facility with a 500 ...
  • Aker Solutions' Brazilian subsidiary CSE hit by cyber attack
    Norway's Aker Solutions has informed that its Brazilian subsidiary CSE has fallen victim to a cyber attack, resulting in the temporary shutdown of most of its IT systems. The company said that it does not yet know the full extent of the situation but is working to resolve it with external expertise. "The attack is currently ...
  • Seafarer survey launches
    A new seafarer survey is launching designed to investigate what the most important contributing factors are to making shipping a better workplace. Led by the INTERTANKO Human Element in Shipping Committee, the survey is aimed at all merchant seafarers, not just those working on tankers. "We believe that your input will provide highly valued insights ...
  • CoolCo seeks New York listing
    LNG shipowner Cool Company (CoolCo) has filed for a direct listing on the New York Stock Exchange (NYSE). In connection with a listing on the NYSE, the Eastern Pacific Shipping-led company also expects to change its ticker code on Euronext Growth Oslo from COOL to CLCO. CoolCo CEO Richard Tyrrell commented: "By listing on the ...
  • Klaveness Combination Carriers secures landmark COA
    KCC Chartering, a subsidiary of Klaveness Combination Carriers (KCC), and Raizen, a Brazilian energy company, have signed a three-year contract of affreightment (COA) for the shipment of liquid and dry products. With ships often traveling empty, Raizen, the world's largest sustainable sugarcane biofuels producer, is seeking greater efficiency and sustainability in their operations by transporting
  • Bunker merger creates Baseblue
    MS United Bunkers, Bunkernet, and SBI bunkering have entered into a definitive merger agreement to create Baseblue. Described as a "merger of equals", Lars Nielsen of BMS will assume the position of CEO, Gregoris Gregoriou, managing director of Bunkernet, will be appointed chief commercial officer, and Dave Gregory, general manager of SBI, will be appointed ...
  • BOEM issues environmental analysis for proposed wind energy project offshore Massachusetts
    The US Bureau of Ocean Energy Management (BOEM) has announced the availability of its draft environmental impact statement (EIS) for the proposed SouthCoast Wind (formerly known as Mayflower Wind) energy project offshore Massachusetts. The official notice of availability will be published in the Federal Register on February 17, opening a 45-day public comment period that ...

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Lloyd's List web site
FEBRUARY 15, 2023
  • Eastern Pacific puts filtering and carbon capture system on tanker
    The solution is said to be able to filter sulphur and 99% of particulate matter and capture up to 40%...
  • CoolCo files for direct listing on New York Stock Exchange
    Chief executive Richard Tyrell says NYSE-listing will expand investor base and allow US investors access to CoolCo
  • Saverys appeals to Euronav shareholders to vote for a sustainable future
    'We're not a bunch of crazies - we've been in this game for seven generations and we know how to ride...
  • Russia using grain deal as 'weapon,' says Ukraine official
    Russia accused of delaying inspections and slowing operations under the Black Sea Grain Initiative
  • Danaos chief sees difficult times ahead as boxship bonanza ends
    Danaos net income declined 8% in the fourth quarter compared with the year-earlier period, although operating revenues rose 17%. Charter...
  • Variety of funding sources needed for shipping to decarbonise
    The European Council is reviewing proposals to potentially include shipping in a specialised lending scheme, with a decision expected later...
  • Maersk's aim to shake up supply chains has further to run
    Maersk is less than half way through its transformation from shipping conglomerate to logistics integrator. It wants to change the...
  • Cosco Shipping boosts capacity at Quanzhou terminal
    Two China-Southeast Asia services have been added to the terminal to help grow volumes
  • Boxship fuel-saving device gains traction
    CMA CGM is following first mover Mitsui OSK in adding aerodynamic windshield to a large containership, with potential to reduce...
  • Leading box lines agree to digitalise bills of lading by 2030
    After settling on a standard through the DCSA, carriers are now moving forward with digitalising shipping's most important documentation. The...
  • Ardmore to install carbon capture scrubbers on some vessels
    Ardmore is equipping six tankers with the system, which is expected to reduce water discharge to one third of a...
  • Russian oil revenue fell sharply in January on crude price discounts, says IEA
    Russia's oil export revenues fell by 36% to $13bn last month despite higher crude exports, as Russian crude traded at...
  • Safe Bulkers buoyed by scrubbers and capesize period charters
    'We are focusing on renewing our fleet, while reducing the footprint of existing vessels,' says company president Loukas Barmparis
  • Newly acquired bulk carrier spotted in Sevastopol
    The latest images coupled with recent name and flag changes suggest the handysize bulker has been acquired by a company...
  • Smaller liner operators see shake-up as market turns
    Carriers outside the top 10 global players that expanded during the period of high demand are now facing pressure. But...
  • SIPG former chairman Chen under anti-graft investigation
    Mr Chen left the state-owned port group to head the state-backed sports association in 2019
  • China and India among developing countries seeking delay in revision of shipping's emission strategy
    Position taken by countries including Brazil, India and China underscores the divisions over shipping decarbonisation targets that remain between western...
  • EU port authorities detain three tankers linked to Russian oil trades
    Detention signals impatience with high numbers of Russian-linked tankers at anchor in international waters off Spanish and Greek coasts
  • Cyprus axes ships as EU targets Dubai Sovcomflot operations
    UPDATE: Cyprus government confirms final Sovcomflot-linked vessels will be removed as the EU looks to target Sovcomflot's Dubai-based technical manager...
  • Methanol-fuel bulk carrier orderbook boosted by ultramax newbuilding contract
    Japanese shipbuilder Tsuneishi is set to build the world's first methanol-fuel ultramax bulk carrier
  • Daily Briefing
    Greece-owned tankers ship Russian cargoes from Baltic ports | Bunker firms' 'merger of equals' creates Baseblue brand | EU sets...
  • CMA CGM in talks to acquire French ferry operator La Méridionale
    CMA CGM said it planned to invest in new alternative fuel ro-pax ships for La Méridionale's services from Marseille to...

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The Journal of Commerce web site
FEBRUARY 15, 2023
  • US flatbed trucking activity sees early regional revival: DAT
    Demand for flatbed tractor-trailers is rising along the Gulf Coast and Southeast, buoyed by project cargo, shifting freight patterns, and a warmer-than-normal winter, DAT Freight & Analytics says.
  • Year-on-year decline in US imports from Asia accelerated in January
    The West Coast's share of US imports from Asia continued to erode last month as retailers shipped their discretionary cargo through East and Gulf coast ports to avoid potential disruption linked to ongoing labor talks.
  • Maersk culls another trans-Pac service as ship supply outstrips demand
    Maersk's move is part of a raft of service changes by it and other carriers as they wind down trans-Pacific vessel capacity they quickly brought on during the pandemic-driven demand surge.
  • DB Schenker, MSC lock in net-zero biofuel deal to cut shipping emissions
    MSC vessels that transport containers for DB Schenker will use a blend of biofuel under an agreement designed to generate substantial cuts in CO2 emissions this year.
  • Container leasing market slows amid ocean sector cooling: Textainer
    Although some shipping lines are holding onto spare container capacity ahead of an expected pickup in demand in the second half of the year, most are finding they no longer need the quantity of containers they possessed throughout the historic, two-year surge in demand.
  • Top container lines commit to complete shift to electronic bills of lading by 2030
    Major container lines have agreed to an ambitious 2030 deadline to migrate from paper bills of lading to digital versions as resistance to such initiatives weakens.

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TradeWinds web site
FEBRUARY 15, 2023
  • Vafias says Imperial Petroleum needs to keep growing using equity raises
    New York-listed tanker owner to keep up controversial practice until it gets to 20 ships or more
  • Capesize bulker market continues to fall as activity slump grips Atlantic and Pacific markets
    Rio Tinto iron ore fixtures from Australia and Quebec both show rate decline
  • 'Risk of litigation' leads Atlas to disclose new details ahead of take-private vote
    New details include valuation estimates and reasons for rejecting initial offer by Poseidon shareholders
  • SFL Corp upgrading rig in hopes of catching offshore drilling upswing
    John Fredriksen company hoping for longer-term charter later this year and distributable cash flow starting next year
  • Navig8 snaps up familiar product quartet from German shipowner
    Germany's Jacob Shipping group divests its clean product tanker fleet in a deal that has been brewing for some time
  • Serial buyer SFL reveals sale of older suezmax and ups dividend
    SFL is raising its dividend after another profitable quarter, and has announced the sale of an older suezmax tanker
  • Saverys promises calm talks on Euronav after bitter merger battle
    Family wants a quick solution to end the bitterness of merger battle
  • Saverys promise calm talks on Euronav after bitter merger battle
    We're not a "bunch of crazies" who plan to shred the Euronav business plan, says Alexander Saverys
  • Fratelli Cosulich buys handysize bulker from Doun Kisen
    Italian owner will charter vessel to Lauritzen Bulkers
  • Methanol bunker demand for container ships to reach 3-mtpa by mid-2020s
    Dutch fertiliser, fuels, and feedstock provider OCI is also encouraged by orders from non-boxship segments
  • Euroseas sees Asian line repudiate charter of vintage container ship
    US-listed owner pursues legal action against Continental Shipping Line, but sees no further fallout on other ship
  • UAE outfit Akron linked to product tanker quartet at Chinese shipyard
    Tanker newbuildings will be the largest ship type for the 65-year-old state-owned shipyard
  • Lorentzen & Co cuts broking staff after results disappoint
    Broker is in talks with staff to see who will leave
  • Vietnamese tanker detained after Russia sanctions probe
    The Elephant was involved in an oil product trade linked to a former Russian-flagged vessel
  • Euroseas sees charterer repudiate employment for vintage container ship
    US-listed container ship owner says it is pursuing legal action against Continental Shipping Line
  • Green Seas: Nations call for IMO to adopt 37% emissions cut for shipping by end of the decade
    Our weekly environment newsletter reports on proposals by US, Canada, UK and island countries to lay out mile-marker targets, including slashing greenhouse gas by 96% in 2040
  • Biggest container lines aim to save billions with 100% electronic trading by 2030
    Carriers which are members of the Digital Container Shipping Association (DCSA) commit to fully adopting electronic bills of lading based on open-source standards
  • Sovcomflot-linked Dubai shipowner Sun Ship Management faces EU blacklist
    SCF Group denies Sovcomflot tankers were transferred to Dubai-based entity following Russia's invasion of Ukraine
  • Thenamaris returns to Chinese shipyard for product tanker order trio after ten-year hiatus
    Greek owner is poised to order three high-spec aframax product carriers costing around $190m
  • 'Refuse to work': Ukraine slams Russia over Bosphorus grain shipping delays
    Kyiv complains that 140 inbound and outbound ships are queuing in the UN's Black Sea Grain Initiative
  • CoolCo applies for New York Stock Exchange listing
    Euronext Growth Oslo-listed LNG carrier owner set to see its stock quoted in US from mid-March
  • Whisper it, but offshore oil and gas investment is making a comeback
    Oil companies are redrawing decabonisation plans in the name of 'global energy security'
  • Container freight rates will bounce back, insists Rolf Habben Jansen
    Hapag-Lloyd boss tells Marine Money Hamburg that markets have overshot and liners will avoid a price-war
  • Japan P&I Club losses 'worse than expected'
    Insurer is asking its shipowner members for a supplementary call covering two policy years
  • ICS submits $10bn plan for Fund and Reward green fuels scheme to IMO
    Details of scheme to reward first movers for the CO2 emissions prevented by the use of alternative fuels suggest an initial price of $50 per tonne of fuel
  • Kpler buys MarineTraffic as it cements rapid growth strategy
    Acquisitions of ship tracking services designed to address demand for marine digital tools
  • Nakilat cashes in on energy demand rise to log record profit
    LNG shipowner said it diversified its portfolio and international presence during 2022
  • IEA: Russian oil revenues tumble despite successful trade reshuffle
    Energy body says G7 oil price cap has been successful in driving down prices but keeping oil flowing
  • Strong fourth quarter boosts revenue for Malaysia's MISC by 29.9% in 2022
    Asian shipping giant ends its 2022 financial year with a pre-tax profit of MYR 1.87bn ($427m)
  • Germany's third FSRU-based terminal receives first cargo
    Adnoc shipment finally delivered to Elbehafen LNG in Brunsbuttel
  • Strong chemical market awaits stainless newbuilding deliveries
    Hansa Tankers is not making prophecies but finds the limited all-stainless orderbook a hopeful background for newbuildings
  • Flying hydrofoil ferry among winners of £60m UK green marine funding
    Projects for electric ferries, hydrogen powered fuel cells and wind propulsion technologies share in UK scheme to foster cleaner ships
  • Drones used to bomb Zodiac tanker in 2021 now in Ukraine, says US
    Intelligence report said to provide a visual comparison of UAVs used by Russian forces in Ukraine and Iranian UAVs used against US interests in the Middle East
  • Harald Moraeus-Hanssen holds a diversified fleet after pivot from box to offshore
    Hockey team owner and former boss of Fearnley Securities has quietly navigated his Uthalden Maritime to a substantial physical fleet
  • Big jolt for Japan's JOLCO finance as regulations kick in
    Popular Japanese financing tool faces tough new lending conditions
  • Drones used to bomb Zodiac tanker off Oman now in Ukraine, says US
    Intelligence report said to provide a visual comparison of UAVs used by Russian forces in Ukraine and Iranian UAVs used against US interests in the Middle East
  • Scrap prices stable as Indian and Bangladeshi recyclers scoop up eclectic tonnage mix
    Demo vessel supply remains tight as Pakistan continues to sit on the sidelines
  • Topouzoglou-backed project exports Israel's first ever crude shipment
    Company says cargo has been sold as part of a multi cargo marketing agreement with Vitol
  • Danaos Corp misses estimates as chief executive sees container boom 'behind us'
    New York-listed container ship owner's John Coustas expects 'difficult times ahead' for once-booming sector

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American Shipper web site
FEBRUARY 15, 2023
  • Port of Savannah exports up, total cargo volume down
    The Georgia Ports Authority said a 16% drop in imports year over year "was fueled in part by reduced orders in retail and manufacturing."
  • APM Terminals Mobile announces $60M rail expansion plan
    APM Terminals Mobile has begun a $60 million rail expansion project at the Port of Mobile, Alabama.
  • International Maritime Hall of Fame inductees announced
    The recognition by the Maritime Association of the Port of New York and New Jersey "is reserved for those who have made a lasting difference in our industry and helped advance all aspects of the global transportation industry."
  • Marine data sector is shrinking through acquisitions
    Belgian data and analytics company Kpler has acquired MarineTraffic and FleetMon in an effort to improve maritime intelligence.

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FROM THE HOME PAGE
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
Signed the final agreement on the contract of port workers
Rome
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three 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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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