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March 17, 2023

free news
Exim India web site
MARCH 17, 2023
  • BLR Logistiks commences super specialised MPCB-approved Red Dot licensed warehouse at JNPA for chemical storage
  • Over $100 bn additional exports expected in current financial year: President, FIEO
  • Interesting period seen ahead for breakbulk shipping: Analysis
  • V. O. Chidambaranar Port surpasses Ministry's cargo handling target for fiscal
  • Tyre exports seen rising
  • Extended port gate facility proposed for Syama Prasad Mookerjee Port at Balagarh
  • FFFAI celebrates International Women's Day in Mumbai; emphasises women's participation in logistics
  • Asia-Europe capacity correction not as strong as on TP
  • Continental Carriers RA-3 certified
  • India & Brazil to promote pulses trade
  • Shipping vigilance urged for extreme weather in Bangladesh
  • India can export an additional 1 mt of sugar this year: Secy
  • MoU inked with small-holders of Malaysia for sustainable palm oil supply

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International Transport Journal web site
MARCH 17, 2023
  • An ecological flow of alcohol
  • Ukrainian stakeholder comes on board
  • Major privatisation in East Asia
  • First and last mile service to start in Q2
  • Multi-user facility to open in Shanghai
  • Single-line railway to link USA, Mexico, Canada
  • First board member based outside the USA
  • New Avianca GSSA in Central Europe
  • Yang Ming posts historic profit
  • 10 x ONE
  • Technology sorts, picks and puts away
  • Broad-gauge network fully electrified
  • Avia Solutions Group now based in Ireland
  • Greater visibility for Menzies thanks to Wipro
  • "Curiosity of the Day"
  • Duisport Group with new rep for inland navigation
  • Support for ICS2 implementation
  • Takeover expands event logistics portfolio
  • Two prime ministers meet at the Rijeka Gateway

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The Loadstar web site
MARCH 16, 2023
  • Asia services expanding as logistics players opt for a 'China+1' strategy
  • US transport authority finally gives thumbs-up to CP-KCS rail network merger
  • THE Alliance ends Cape diversions in time for network revamp
  • Tiaca chief slams Schiphol slot cuts - dialogue is the answer
  • TS Lines sells more box ships in fleet revamp ahead of newbuild deliveries
  • Regulation too slow to keep pace with development of EVs and batteries
  • UK-Europe unaccompanied freight gets a boost with new CLdN services

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Marine Log web site
MARCH 16, 2023
  • Carnival Cruise Line marks 100 million guest milestone
    One of Carnival Corporation's & nine brands, and the one that arguably transformed the industry into what it is now, Carnival Cruise Line, today had 100 million reasons to celebrate. It achieved
  • Austal USA awards FMD contract for OPC equipment
    Austal USA has awarded Fairbanks Morse Defense (FMD) a contract for a range of equipment to support the construction of WMSM-919, the U.S. Coast Guard's fifth Heritage-class Offshore Patrol Cutter (OPC). Over
  • Vale deploys Kongsberg Digital's Vessel Insight on Valemax quartet
    Brazilian mining giant Vale, one of the world's largest charterers of ore carriers, has been investing heavily in developing more efficient, greener, vessels. It is using Konsberg Digital's Vessel Insight to confirm
  • ABS Wavesight and Marlink partner to accelerate maritime digital transformation
    ABS Wavesight, the maritime software as a service (SaaS) company launched by ABS last November, is teaming up with Marlink to collaborate on using optimized connectivity to support efficient delivery of sustainability
  • Another Matson box ship set for LNG dual-fuel retrofit
    Matson Navigation Company (NYSE: MATX) is to convert the main engine of its containership Kaimana Hila from an MAN B&W S90ME-C10.5 unit to a dual-fuel ME-GI unit capable of running on LNG.
  • Shell takes FID on U.S. GoM Dover field
    As the U.S. Department of the Interior continues to drag its heels in developing the next federal offshore oil and gas leasing program, Shell yesterday made an announcement that underscores the continuing
  • Successful TTB 2023 sees largest attendance to date
    Attendance at TTB (Tugs, Towboats & Barges) conference exceeded expectations for the third year in a row-especially for vessel owners and operators, C-level executives, and shipyards. This year, nearly 300 people gathered

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Container News web site
MARCH 16, 2023
  • California and Japan sign agreement for clean ports and green shipping industry
    The governments of California and Japan announced a new collaboration aiming to clean up a critical link in the global supply chain by cooperating on strategies to cut planet-warming pollution at seaports and establish green shipping corridors. "The ports of California and Japan help power the global economy and will now help power a new era of clean energy, clean transportation and good-paying g
  • Downward trend for global fuel prices
    Global bunker indices showed a downward trend during the 11th week of the year, according to Marine Bunker Exchange (MABUX). In particular, the 380 HSFO index fell to US$471.61/MT, the VLSFO index decreased to US$641.41/MT and the MGO index declined to US$915.25/MT. The Global Scrubber Spread (SS) - the price differential between 380 HSFO and VLSFO - showed a firm decline in Week 11 - minus US$9.
  • Nokia provides The Ocean Cleanup project with wireless connectivity
    Nokia will provide The Ocean Cleanup, a global non-profit initiative working to create and expand technologies to rid the world's seas of plastic, with private wireless connectivity, network edge devices, and analytics. The first Nokia Digital Automation Cloud (DAC) private wireless solution for The Ocean Cleanup's operations in the North Pacific has already been effectively implemented by Nokia
  • COSCO Shipping Ports invests in Egypt's box terminal
    COSCO SHIPPING Ports Limited (CSPL) has announced its investment in 25% of the equity in Sokhna New Container Terminal, Egypt. On 15 March, Zhao Fengnian, chief accountant of the company representing CSPL, attended the signing ceremony in Cairo, Egypt, and signed the project agreement with the other partnering companies. This project is a new terminal built by the Egyptian government and will be
  • Drewry's World Container Index knocks January 2020 levels, but will the spring leave the winter far behind?
    The Drewry's World Container Index (WCI) dipped to US$1,791 on 16 March 2023, recording its 50 th week of dips over the last year. The rates have fallen on all routes further this week, with the transatlantic rates dipping to US$5,326. The rates on this route touched a high during the fourth quarter of 2022. But now they have fallen to a 20-month low, in a span of a quarter. Rates on the Shanghai
  • Singamas earnings plunge as box trade slips
    Singamas, the fourth largest container manufacturer, announced on 15 March that 2022 net profit fell 73% year-on-year to US$56.57 million as container trade slowed in 2H 2022 and there was an oversupply of containers. Revenue fell 33% to US$775.98 million. Turnover from Singamas' core business of manufacturing dry containers, was down 40% to US$610.09 million, as 242,000 dry boxes were sold in 20
  • MSC partners with Global Centre for Maritime Decarbonisation
    MSC and the Global Centre for Maritime Decarbonisation (GCMD) have signed a five-year Impact Partnership agreement. GCMD was formed as a non-profit organisation, is located in Singapore and seeks to assist the industry in reducing greenhouse gas (GHG) emissions by developing guidelines for future fuels and testing low-carbon solutions. MSC has pushed for the provision of a variety of alternative
  • THE Alliance stops Cape of Good Hope diversions
    THE Alliance has stopped rerouting ships around the Cape of Good Hope on the Asia-Europe route. The rerouting was a temporary measure as sailings were blanked in response to falling volumes. In November 2022, liner operators, primarily THE Alliance members, began detouring ships on the Asia-Europe route around the Cape of Good Hope, rather than the usual path through the Suez Canal. Alphaliner ha
  • FMC imposes nearly US$1 million fine against Wan Hai
    The Federal Maritime Commission (FMC) has confirmed a fine of US$950,000 against Wan Hai Lines. The Taiwanese box line has also agreed to refund charges in a detention and demurrage case which dates back to 2021. The carrier is accused of violating 46 U.S.C. ' 41102(c) by failing to establish, monitor, and implement just and fair rules and practices concerning the assessment of charges on contain
  • Is integration strategy one-way street for container carriers?
    The diversity of services and/or products that a company can provide can help in its financial results, according to Bronson Hsieh, former chairman of Evergreen and Yang Ming, two of the major global container carriers. Focussing on the transportation sector, Hsieh said that any shipping company which has a freight forwarding department or owns a freight forwarding subsidiary can gain profit from
  • Maersk pilots warehouse automation solution
    Maersk and BionicHIVE have been working for four months on a pilot designed to assess automation processes that sort, select and put away packages and can navigate warehouse floors using built-in cameras and sensors, moving between people and objects. According to Maersk, this product can climb on the existing warehouse racking to sort, pick and replenish cartons directly to/from any spot in the
  • PSA seeks bidders for its CK Hutchison stake; China giants among potential buyers
    Chinese state-owned giants, China Cosco Shipping Corp. and China Merchants Group, seem to be interested in acquiring PSA International Pte's minority stake in Hong Kong's CK Hutchison Holdings Ltd. According to a Bloomberg report, PSA is seeking approximately US$4 billion for its 20% share of CK Hutchison's ports assets, while the company is reported to have already begun early discussions with p
  • Transpacific capacity correction stronger than on Asia-Europe
    Asia-Europe capacity correction is not as strong as on Transpacific, according to Danish maritime data analysis company Sea-Intelligence, which reported that unlike on the Transpacific, where weekly scheduled capacity more than two weeks out (relative to the week of departure) was considerably higher than what was eventually deployed, there was no such trend on Asia-Europe. On Asia-North Europe,
  • Thordon Bearings supports containerised Aloft sail system
    Thordon Bearings, a designer and manufacturer of journal bearing and seal systems for the marine, renewable energy production, pump, and other industrial sectors, is providing its grease-free, self-lubricating ThorPlas-Blue bearing material to an innovative containerised wind propulsion system that is intended to decrease fuel usage and fossil fuel pollution across all commercial ship types. Acco
  • Bolloré Transport & Logistics announces new MD for 4PL subsidiary
    Jérôme Le Grand is the new managing director (MD)of PRISM, a 4PL subsidiary of Bolloré Transport & Logistics, and he will be responsible to develop the company and its network of operational hubs. Le Grand is a former vice president of Aerospace & Defense at Bolloré Logistics. In addition, he boasts 25 years of experience working for major players in the aerospace industry. He has worked within B

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Splash web site
MARCH 16, 2023
  • TEN cashes in on eight older tankers and fixes LNG carrier for 12 years
    Tsakos Energy Navigation (TEN) has taken advantage of the busy tanker sale and purchase market, cashing in on some of its older ships while also fixing one of its LNG carriers on a long-term charter in Asia. The New York-listed Greek owner confirmed previous Splash reports that it had sold six 2005-built MRs as well ...
  • Costamare puts money into Neptune Leasing
    New York-listed Costamare has agreed to become the leading investor in Neptune Maritime Leasing through an investment of up to $200m. The Jersey-based Neptune Leasing was set up in 2021 by veteran financier Harris Antoniou (pictured) with the Lastis family as anchor investor. The Greek boxship and bulker owner, with a fleet of nearly 120 ...
  • MSC gets onboard Singapore's decarbonisation drive
    Mediterranean Shipping Co (MSC) has partnered with the Singapore-based Global Centre for Maritime Decarbonisation (GCMD), committing to a five-year collaboration to accelerate decarbonisation of the shipping sector. As an impact partner, the world's largest containerline will provide cash contribution towards GCMD's pooled resources for pilots and trials. MSC will also take part in projects, allo
  • BIMCO pushes for 25% e-bills of lading usage across dry bulk sector by 2025
    International shipping organisation BIMCO has launched an initiative targeting 25% of annual dry bulk seaborne trades using electronic bills of lading (eBLs) by 2025. The so-called "25 by 25 pledge" is part of an ongoing effort to accelerate trade digitalisation and streamline the supply chain process in the bulk sector. "The wider adoption of electronic ...
  • Box lull sees change in global container flows
    The lull in box volumes is resulting in falling congestion and also in changes in container flows as reflected in the Container xChange Container Availability Index. The index, which measures the proportion of weekly import to export flows at ports around the world, shows that the share of imports from the total volumes handled at ...
  • Torm raids secondhand market, eyes further tonnage
    Denmark's Torm has announced a purchase of three secondhand MR tankers taking its fleet to 88 vessels on a fully delivered basis and additional bank financing for further growth. The New York and Copenhagen Nasdaq-listed product tanker owner said it had picked up the 2013-built trio in a deal that includes $48.5m in cash and ...
  • Nearly $5bn needed for ports to scale up UK floating wind
    Up to 11 ports around the UK will need to be transformed as fast as possible into new industrial hubs to enable the roll-out of floating offshore wind at scale, according to a new report by the Floating Wind Offshore Wind Taskforce. The report projected 34 GW of floating wind installed in UK waters by ...
  • Stena Bulk: Quietly confident
    Erik Hånell, the top man at Stena Bulk since 2012, remains as he puts it "quietly confident" that indications are good for this year and beyond, as the disruption of the last few years has taught him and the Swedish tanker player to approach the future with a "measured and even-handed approach". Newbuild contracting in ...
  • Prime Marine offloads three LRs
    Stathis Topouzoglou-led Prime Marine, a diverse Greek tanker player, has cashed in on the ongoing upturn, selling a string of LR tankers in the first quarter of the year. Sources tell Splash that fast growing Mumbai owner Gatik Ship Management has snapped up two ice-classed, 74,000 dwt tankers, the River Shiner and Emerald Shiner, both ...
  • JX Nippon to take over Japan Drilling
    JX Nippon Oil & Gas Exploration has reached an agreement with the funds related to Aspirant Group to acquire the entire issued share capital of Tokyo-based offshore driller Japan Drilling Company (JDC). The deal, expected to close by the end of April this year, will see Japan's sole offshore driller become a consolidated subsidiary of ...
  • Jacktel wins Equinor contract
    Norway's Jacktel has secured a new contract with Equinor for its accommodation jackup . The 2011-built unit will provide services to Draupner in the Norwegian North Sea for 10 months, starting October 2024. The contract is worth approximately $58m including mobilisation and demobilisation and gives Equinor options to extend the charter by up to six ...
  • Egypt signs major port deals
    Egypt has mapped out its next generation of ports across the country, signing deals yesterday worth $1.6bn to develop container terminals at Sokhna and Dekheila Hutchison Ports, CMA CGM, and COSCO Shipping have come onboard for a new terminal at Sokhna Port on the Red Sea, while Mediterranean Shipping Company (MSC) will partner with Hutchison ...
  • Kristin Holth and Marina Hajioannou join the board at Safe Bulkers
    New York-listed Greek dry bulk owner Safe Bulkers has expanded the size of its board to nine, adding the daughter of the CEO and a well-known name in banking to its ranks. The Polys Hajioannou-led company has added ex-DNB Bank executive Kristin Holth (pictured) as well as Marina Hajioannou to the board. Safe Bulkers currently ...
  • Wan Hai cops fine from the Federal Maritime Commission
    Taiwan's Wan Hai Lines has become the latest carrier to feel the wrath of the Federal Maritime Commission (FMC) in Washington DC, copping a $950,000 fine as well as agreeing to refund charges in a detention and demurrage case which dates back to 2021. Wan Hai invoiced a customer at least 21 times in the ...
  • Japan to California green shipping corridor pact signed in Tokyo
    The Japanese government has signed a letter of intent with the governor of California to establish a green shipping corridor over the Pacific. The agreement signed between governor Gavin Newsom and the Ministry of Land, Infrastructure, Transport and Tourism of Japan will also look to commercialise zero-emission fuels. "We applaud the newest collaboration between California ...
  • Canada's Cedar LNG receives environmental approval
    Canada's first Indigenous majority-owned LNG facility on March 14 received its environmental assessment certificate (EAC) from the British Columbia Environmental Assessment Office. On March 15, it also received a positive decision statement from the federal Minister of Environment and Climate Change. Cedar LNG is a proposed floating LNG facility located on Haisla Nation-owned land in ...
  • RWE Clean Energy formed in US through acquisition of Con Edison Clean Energy Businesses
    German multinational energy company RWE has closed its acquisition of all shares in Con Edison Clean Energy Businesses (CEB). New company RWE Clean Energy merges Con Edison CEB with RWE Renewables Americas. With its expanded renewables portfolio of 8 GW of operating assets and a project development pipeline of more than 24 GW, the company ...
  • DNV recovers from fleet management system ransomware attack
    DNV announced all users are back online on its dedicated ShipManager servers after the ransomware attack earlier this year. The Norwegian class society said it had to rebuild the server environment following the cybersecurity incident on January 7 and that the work to resume full scope of service is ongoing. Although around 1,000 vessels from ...

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Lloyd's List web site
MARCH 16, 2023
  • Is Credit Suisse crisis a case of déjà vu for shipowners?
    Half of Credit Suisse's shipping portfolio is lending to the Greek market
  • TEN confirms renewal moves as it basks in record profits
    Tsakos Energy Navigation's renewal in full swing: Eight tankers out, eight on order
  • ABS affiliate in partnership with Marlink on digital transformation
    ABS Wavesight and Marlink agree to collaborate on expediting digital transformation among shared client base
  • Genco chief on acquisition trail
    Following two years of outstanding earnings, company is exploring the potential to grow through a merger or large fleet acquisition...
  • Eighth capesize bulker sold for recycling
    Eight capesize bulk carriers have been sold for scrap so far this year compared with 14 units recycled during the...
  • EU to set up hydrogen bank under Net-Zero Industry Act
    The EU has launched the Net-Zero Industry Act to help boost local technology production to contribute to its climate goals...
  • Supply chain must collaborate on lithium-ion battery risk
    Batteries found in everything from watches to electric vehicles pose a high risk of severe consequences if they catch fire...
  • Torm adds to fleet after record earnings
    The company is aiming towards an earnings before interest, tax, depreciation and amortisation of $750m-$1.1bn this year as the strong...
  • Oil prices drop to 15-month low amid bank concerns
    Sharp sell-off in crude oil futures also weighed on bunker fuel prices amid expectations of higher supply in fuel oil...
  • Costamare becomes major investor in Neptune Maritime Leasing
    Latsis shipping family also upping its investment in Neptune
  • Questions over grain deal's extension as deadline approaches
    While the agreement stipulates the deal will be extended at intervals of 120 days, Russia has reportedly proposed the deal...
  • Wan Hai reports loss amid weak freight rates
    Wan Hai said currency fluctuations and poor freight markets contributed to quarterly loss
  • Matson plans LNG conversion of third boxship
    Company also plans to replace the main engine of a 2,800 teu boxships with a dual-fuel engine
  • Cosco and Hutchison Ports invest in Egyptian terminal
    Hutchison Ports' investment in Egypt will now be boosted to $1.5bn
  • Over 100 falsely flagged ships are trading in plain sight
    The problem of falsely flagged ships linked to fraudulent registries is not new, but it is growing and governments have...
  • MSC teams with GCMD to push shipping's decarbonisation
    The Global Centre for Maritime Decarbonisation and MSC have signed a five-year partnership agreement to decarbonise shipping
  • Shell approves Gulf of Mexico oil field development
    Offshore oil field expected to produce up to 21,000 barrels per day of oil equivalent per day at peak rates...
  • Daily Briefing
    Russia's bulk exports to Europe drop 60% | Sanctions take toll on Russian oil exports and revenue, says IEA |...

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The Journal of Commerce web site
MARCH 16, 2023
  • US draft legislation seeks to update OSRA-22, boost China scrutiny
    The bill would heighten transparency into regulatory penalties levied against ocean carriers and marine terminal operators and draw a sharp line on the involvement of China-based entities in US shipping.
  • CP-KCS could benefit from rising tide of cross-border freight from Mexico
    The combined railroad has an opportunity to divert more than 64,000 truck shipments to intermodal rail, according to S&P Global, but that's only the crest of a wave of US imports from Mexico.
  • Shipper group wants more FMC action on dwell fees, ERDs
    An advisory group created by the FMC two years ago is pushing the agency to act on several key issues, but some members have expressed frustration over the response from regulators.
  • As European recession fears fade, hopes build for restocking surge
    The European consumer goods and retail sectors are steadily working their way through excess inventory piled up at warehouses, with growing expectations of a second-half return of demand.
  • MSC makes moves to upsize, launch standalone services
    The 2M Alliance has closed one of its six Asia-North Europe services as MSC prepares for a wave of megaship capacity to be delivered in the next two months.
  • Shipwell arms 'underserved' smaller shippers with automated bidding tool
    Shippers that often use spreadsheets and small transportation teams to bid and execute freight shipments are the target of a new software tool from technology provider Shipwell.

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TradeWinds web site
MARCH 16, 2023
  • Investors hammer Tsakos Energy Navigation stock on ATM disclosure
    Jefferies analyst chides cash-rich owner for resorting to shares sales that encourage trading discount to tanker peers
  • MSC dragged into first-ever US regulatory dispute over $1,000 charge
    Federal Maritime Commission flexing new muscles in looking into charges levied on shippers
  • Seabourn sells oldest cruise ship to Mitsui OSK Lines
    Sale to Japanese shipowner comes as Seabourn plans to take delivery of newbuilding in the summer
  • China and India switch away from Russian oil may have prompted VLCC rally
    Lorentzen & Co and International Energy Agency suggest the two countries could be uncomfortable with their levels of Russian imports
  • Crew member killed as MISC FSO hit by water ingress
    Malaysian storage vessel suffered seal malfunction 207 km off Sattahip, Thailand
  • 'Over-reliance on automated routeing could lead to sinkings' warns weather forecaster
    Unchecked AI-based forecasting could lead to a disaster like the El Faro sinking, claims Weathernews executive Jesse Vecchione
  • Niels Stolt-Nielsen staying on for now as hunt for successor enters second year
    Transition was always going to take time, tanker group's boss says
  • Tsakos Energy marks 20th NYSE birthday with big record profit
    The Greek owner is optimistic that the tanker bonanza is here to stay
  • Pyxis boss Valentis says high tanker prices making expansion 'challenging'
    Greek owner will bide its time before entering secondhand market
  • Shell performed 250 ship-to-ship LNG bunkering operations in 2022
    Company's LNG imports to Europe were almost five times higher last year, its energy transition report reveals
  • US crude prices: VLCC rates set fair on world's longest route
    Analysts believe new global oil demand forecast could keep long-haul cargoes flowing from the US to China
  • Streetwise: Burned investors hit back at Maxim-linked shipowners' serial dilution
    This week's shipping finance newsletter takes a look at investor backlash against several public shipowners who have repeatedly sold equity through the Maxim Group, spurring significant losses
  • Heavylift specialist Mammoet put up for sale by Dutch owners
    Dutch conglomerate SHV says new owners are needed to enable the company grow
  • UK tonnage tax window swings open for first time in 18 years
    Government allows owners who left regime to return
  • Heavylift specialist Mammoet put up for sale by Dutch owners
    Dutch conglomerate SHV says new owners are needed to enable the company grow
  • Shell performed 250 LNG ship-to-ship LNG bunkering operations in 2022
    Company's LNG imports to Europe were almost five times higher last year, its energy transition report reveals
  • Credit Suisse saved for now, but what future as the biggest lender to Greek shipping?
    Will it retreat or double down? Swiss banking giant's travails leave market guessing
  • Shipowners pile into methane abatement in maritime group
    New group doubles its membership as it limbers up for trials of new methane measurement technology on ships
  • Older tankers trading for longer? SSY says it's a possibility
    Although ordering is outpacing last year, it is all replacement tonnage, shipbroker says
  • MR rates jump 40% across the Atlantic as ships leave for greener pastures
    Tonnage has been drawn away from Europe, leaving a tighter supply this week
  • Sanctions balancing act leaves shipping hamstrung as the US pulls levers
    Washington says sanctions have slowed the Russian war machine but crude and products cargoes must keep moving
  • Torm eyes $1bn profit for 2023 as tanker rates rocket
    Shipowner also reveals 'whopping' dividend of $212m in record fourth quarter
  • World's biggest container ship MSC Irina enters service
    Delivery comes as weak demand leads 2M partners to ditch a major Asia-Europe service
  • Torm lines up more secondhand buys as it fixes financing of $556m
    Fresh from adding 10 tankers this year, Danish owner has the financial power for more
  • MR feeding frenzy continues as Torm snaps up tankers for $97m
    Danish owner adds three 2013-built vessels built in South Korea
  • Hutchison Ports expands footprint in Egypt with $700m investment
    Hong Kong-based terminal operator takes spending in the nation to $1.5bn
  • MSC throws weight behind Singapore-based GCMD
    Swiss liner giant to provide cash and vessel access as part of five-year partnership with Lynn Loo-led organisation
  • Volvo spin-off PowerCell has big ambitions for fuel cell-powered ships
    Swedish fuel-cell developer sees synergy from aviation and road development fast forwarding the scale-up of marine propulsion after Norway ferry deal
  • European shipping still vital to moving Russian oil, tracking data shows
    Greek operators remain key to hauling Russian oil after several rounds of sanctions and price caps
  • Marlink and ABS Wavesight to team up delivering software to ships
    Unique partnership is becoming possible as costs of connectivity fall
  • NEOT and Terntank extend decade-long decarbonisation journey with latest charters
    Two Scandinavian companies build on decade-long relationship to decarbonise shipping

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American Shipper web site
MARCH 16, 2023
  • FedEx readjusts air network again amid sharp volume declines
    FedEx Express is aggressively scaling back air operations to save money as shipping demand crumbles.
  • Could future supply chain crisis hit diesel shipping, not containers?
    Tanker capacity for diesel is already tight amid war fallout. With very few ships on order, future transport capacity could fall short.
  • Air cargo market may not improve even if economy does
    A multitude of mixed economic signals make it difficult to predict a recovery in air cargo business this year. Even if global trade picks up, the lion's share of shipments will go by ocean.

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