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05 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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October 18, 2023

free news
Exim India web site
OCTOBER 18, 2023
  • Systematic steps undertaken to strengthen the maritime sector: PM at GMIS 2023
  • Ryder Shipping Lines inaugurates new branch office in Delhi
  • BOFBA holds 68th Annual General Meeting
  • JNPA celebrates historic milestone at GMIS 2023; unveils four key projects at the hands of the Prime Minister
  • Golden Week pushes down early October tonnages
  • DP World signs MoU with Jawaharlal Nehru Port Authority for Vadhvan Porta
  • Indian Railways' PSUs RITES Ltd & IRCON granted 'Navratna' status
  • Middle East conflict raises concerns about increased costs for Indian exporters
  • Digital economy seen pushing India's GDP to 8 pc

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International Transport Journal web site
OCTOBER 18, 2023
  • Volta Trucks to file for bankruptcy
  • Port of Guadeloupe opts for continuity
  • K&N and Sats announce air freight collaboration
  • Stricter CO2 targets for road haulage
  • Transforming AWB data capture and comparison
  • Fast Lines Belgium orders two green freighters
  • DB Schenker promotes John McDonald
  • DHL Supply Chain: EUR 350 million for SE Asia
  • CSX investing in digital solution
  • Ammonia-fuelled engines by WinGD
  • TT Club appoints new regional GM for Asia-Pacific
  • Elroy Air demonstrates eVTOL cargo system for AMC
  • Oman: growing potential for an e-commerce hub
  • 12,000 km through six countries
  • "Curiosity of the Day"
  • Eroad: technology veteran as sales EVP
  • BBAM's first 737-800 BCF for Alaska Air Cargo
  • Circle Group wins MNSW contract

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The Loadstar web site
OCTOBER 17, 2023
  • Volta Trucks goes bankrupt after battery supplier files for chapter 11
  • Drought and low Amazon water levels prevent liner access to Manaus
  • Unlucky 17: DSV dives to six-month low - who'd have thunk it?
  • South African airfreight sees 23% rise in exports - and 147% rise in rates
  • Asian carriers will be hit harder by CBER demise than European peers
  • Alibaba's Cainiao - the classic 'canary in the coalmine'. Or?
  • Shipyards won't be able to meet future demand for greener vessels
  • ETS will see 'a fist fight between carriers and shippers', says Lars Jensen
  • The 'double-edged sword' that makes shipping an 'easy target' for cyber crime
  • The end of the CBER may restore trust between shippers and carriers
  • Etihad Cargo appoints Soufyan Mouaniss as director west cargo commercial
  • DP World Australia's terminals face more industrial action
  • Bull corner: Fishing for T&L value... in China
  • ICAO: why a focus on air cargo is crucial
  • Trucker dies as train derailment collapses Colorado bridge

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Marine Log web site
OCTOBER 17, 2023
  • VIDEO: All-electric workboat cleans up plastics and debris
    Hull, U.K., based MMS Workboats, a division of MMS Ship Repair & Dry Dock Co Ltd. (MMS), has launched a cutting-edge all-electric workboat designed for plastic and debris collection. Called the Envirocat
  • Berge Olympus becomes world's most powerful sail-assisted ship
    Singapore-headquartered Berge Bulk has retrofitted its 211,153 dwt, 2018-built Newcastlemax bulker Berge Olympus, with four BARTech WindWings by Yara Marine Technologies. The installation takes Berge Bulk another step closer to its goal
  • FERRIES 2023: The first P3 on San Francisco Bay
    With less than a month to go until Marine Log's FERRIES 2023 conference in Jersey City, N.J., just across the ferry speckled harbor from Manhattan in New York City, the agenda is
  • White Paper: Where do ports land on the Industry 4.0 Maturity Index?
    Port terminal operators are using digitalization to become more flexible and resilient so they can respond to volatile market demands, shifting transport routes and growing vessel sizes with greater speed, agility, coordination

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Container News web site
OCTOBER 17, 2023
  • Fast Lines Belgium signs deal with Damen Shipyards
    Fast Lines Belgium, an Antwerp family-owned transport company, has signed a deal with Damen Shipyards for the delivery of two Combi Freighters 3850 vessels flying the Belgian flag. Prior to placing its order with Damen, Fast's ship management investigated all possible opportunities for achieving low emissions in an inexpensive manner. This involved investigating alternate biofuels as well as the
  • Port of Tanjung Pelepas achieves new shift volume records
    Port of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between MMC Group and APM Terminals, sets a new shift volume record with 13,700 quayside moves in a single 12 hours shift, breaking its own previous shift record of 12,557 moves set in 2020. This result also set a new hourly movement record of 1,308 quayside moves in a single hour. Marco Neelsen, PTP's CEO said this latest milestone further u
  • Kuehne+Nagel and SATS join forces to drive value chain improvements
    Kuehne+Nagel and SATS signed a Memorandum of Understanding (MoU) to enter into a strategic collaboration to drive value chain improvements and sustainability efforts within the air logistics industry. In particular, the two companies have initially collaborated on several successful Proofs of Concept to optimise ground handling for e-commerce shipments, air charter hub and spoke operations, as we
  • Peel Ports Group expands Liverpool's steel terminal
    UK port and terminal operator Peel Ports Group is expanding its steel and metals terminal at the Port of Liverpool in response to increased client demand. Peel Ports began construction of the 1,858 m² extended warehouse at its North 3 Canada Dock in the current year. The investment comes as the Port of Liverpool saw one of its busiest months for steel volumes in September, with over 75,000 tonnes
  • Alba Tankers and Seaber to reduce emissions
    Seaber.io, the Finnish maritime technology company, cooperates with Alba Tankers, who commercially operate chemical and oil tankers in the area of North Europe-West Mediterranean. Alba Tankers is headquartered in Denmark, while their chartering and commercial team is based in Gothenburg, Sweden. More specifically, the company together with Seaber.io aims to optimise chartering and scheduling proc
  • SSY unveils new global brand
    The global shipbroking firm, which has been known as Simpson Spence Young for over 140 years, will now officially be known as SSY. The company has also unveiled a new global corporate identity which includes a new logo, a new website (www.ssyglobal.com), a new corporate value system (Trust, Independence, Expertise) and a dedicated online portal (SSY Navigator) for its Research division. As part o
  • ZIM strengthens Latin America network with new services
    Israeli box carrier ZIM has announced the launch of two new services, ZIM Albatross (ZAT) and ZIM Gulf Toucan (ZGT), aiming to enhance its Latin America network. Both services will be fully operated by the Haifa-based container shipping company. The new ZIM Albatross service will provide a direct connection from and to North China, Korea, Mexico, and the West Coast of South America. The company w
  • Port of Barcelona deepens ties with India
    From 16 to 18 October, the Port of Barcelona, one of the key drivers of development in Spain and a reference port in the Euro-Mediterranean region, will hold a Trade Mission in Mumbai, India. The delegation, led by a representative of the Catalan government and comprised of companies and institutions from the port and logistics sectors, is travelling with the goal of promoting trade between India
  • Port of Oakland receives US$1.2 billion funding for hydrogen projects
    Federal and state funding is on the way for hydrogen projects at the Port of Oakland. This is because the Biden administration announced on 13 October that California will receive up to US$1.2 billion as a designated hydrogen centre. "We are grateful to have outstanding federal, state, and local support for our vision to become a zero-emissions seaport," stated Danny Wan, executive director of th
  • VSAs encourage more container flows to Australia
    Shipping Australia has said that vessel-sharing agreements (VSAs) benefit Australia, which is a small but high-cost market. The association said that VSAs encourage smaller box lines to call at Australia by pooling ships with other players, thus helping to reduce their costs while facilitating trade flows to the country. VSAs have been in the spotlight since the European Commission decided not to
  • Greek police seizes over 60kg of cocaine from container at Piraeus port
    More than 60 kilogrammes of cocaine were found in a container at the port of Piraeus and were confiscated by the Greek police. According to local media, three Greek citizens have been arrested. The cocaine was hidden in parcels in the container, which was unloaded from a boxship that had departed from South America. A press conference has been scheduled for 3 p.m. (Greece time), in which the Dire
  • MSC announces new direct call at Pisco Port
    Swiss/Italian box carrier MSC announced a new direct port call at Pisco Port (PEPIO) in Peru on its NWC-US-SAWC service. Pisco Port is located in the Ica region, Peru's grape capital. MSC Romane is the first MSC vessel scheduled to arrive in Pisco Port on 9 November. For the whole season, MSC will operate a weekly service linking Pisco with the United States via transshipment in Panama and Northe
  • Port of Riga reports higher cargo volumes in September
    Port of Riga has announced an increase in its September cargo turnover compared with the previous month. "The increase might be mostly attributed to the cereal products segment, but at the same time larger volumes of ore, coal, salt, general timber cargo, as well as oil products were transshipped in September," said the Latvian port in a statement. Reaching a monthly turnover of 432,500 tons, agr
  • Maritime Cyber Risk report: Shipping industry remains "easy target", pays average US$3.2m in cyberattacks
    New research has found that the maritime industry remains an "easy target" for cybercriminals and that the cost of attacks and demand for ransom payments across the sector have skyrocketed over the past 12 months. The report, which was produced by global, sector-focused law firm HFW and maritime cyber security company CyberOwl, reveals that the average cyberattack in the maritime industry now end
  • GEODIS and Sephora inaugurate new distribution center in Shanghai
    GEODIS and Sephora, one of the world's largest omnichannel prestige beauty retailers, have announced the opening of a distribution centre (DC) in Shanghai's Minhang District, China. The 20,000 m² facility's ceremonial opening was held on 11 October. The centre, which will be managed by GEODIS, will be important in improving Sephora's customer experience as well as supporting the company's fast-gr
  • Uthalden Maritime sells two boxships, Foroohari gets one
    German shipping company Reederei Foroohari has bought a 6,500 TEU container ship from Uthalden Maritime Management, the maritime subsidiary of Harald Moraeus-Hanssen-led private investment firm. The 2009-built vessel MH Hamburg was purchased in July 2018 by Uthalden Maritime Management and today (17 October 2023) delivered to its new owners. This is the second boxship sale in less than two months
  • Analysis: Direct shipping services from Bangladesh
    With freight rates falling drastically worldwide compared to the Covid-19 pandemic period, most of the direct voyages from Chittagong port to the ports in Europe, China, and Middle East are now halted. Moreover, the severe fall in imports and less-than-expected growth of export cargo contributed to the shutdown of operations of the direct shipping services to and from the major port in Bangladesh
  • Cargo ship catches fire in Denmark
    While the general cargo ship Ann Rousing was loading scrap on 13 October in Amager, Copenhagen, Denmark, a severe fire broke out in the cargo hold. According to Maritime Bulletin, firefighters managed to control the fire, but they had to be careful not to dump too much water into the ship, fearing stability loss. The ship was surrounded by floating booms, and no leaks had been detected at the tim
  • Canadian government invests US$110 million in new Montréal container terminal
    Pablo Rodriguez, Canada's Minister of Transport and Quebec Lieutenant, announced a US$110 million (CA$150 million) investment under the National Trade Corridors Fund to construct a new box terminal in the port of Montréal. The new terminal is expected to boost the port's container capacity to accommodate the growing demand for cargo transportation while also assisting in the smooth running of the

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Splash web site
OCTOBER 17, 2023
  • Wan Hai Lines seals funding deal for Japanese newbuilds
    Taiwan's Wan Hai Lines, the world's 11th largest containerline, has secured financing for eight boxships it has under construction in Japan. The Japan Bank for International Cooperation (JBIC) will provide buyer's credit to Wan Hai Lines's unit in Singapore for the 3,055 teu ships ordered at Nihon Shipyard the joint venture between Imabari and Japan ...
  • Ocean Installer wins Equinor subsea contract
    Marine construction player Ocean Installer has won a new contract from Norway's Equinor. The company, formerly known as Havfram Subsea, has this time secured an engineering, procurement, construction, and installation (EPCI) contract for the Eirin subsea tie-back development, with an option for a new gas solution from Troll B via the existing Kvitebjørn export pipeline. ...
  • Sinwa Group acquires compatriot Francois Marine & Offshore
    Sinwa Group has acquired offshore marine supplies, logistics and supply chain management specialist Francois Marine & Offshore from Northern Marine Group. The merger between the two major marine, offshore supply, and logistics businesses will see Sinwa Group expand its operations and capabilities to support a growing global client base. Sinwa bought Francois Marine & Offshore's ...
  • Excelerate locks away FSRU to Petrobras on 10-year deal
    New York-listed floating regasification specialist Excelerate Energy has secured a 10-year charter deal from Brazil's Petrobras for the FSRU Sequoia. The agreement, effective January 1, 2024, will see the Texas-headquartered Excelerate continue to deploy the 2020-built unit to provide regasification services in Brazil at the Bahia regasification terminal in Salvador. Excelerate has provided regas
  • All Aboard Alliance announces maritime inclusivity initiative
    The All Aboard Alliance, an initiative of the Global Maritime Forum, has announced the Diversity@Sea initiative that will see 11 companies pilot a series of test measures to make life at sea more inclusive and attractive to all seafarers. The participating companies are Bernhard Schulte Shipmanagement, BP, Cargill, Chevron Shipping, Diana Shipping, Dorian LPG, Gaslog, ...
  • Fast Lines Belgium orders first newbuilds
    Fast Lines Belgium has contracted its first newbuilds. An Antwerp Scheers family-owned shipping company has ordered a pair of combi freighter vessels at Dutch shipbuilder Damen. The 3,850 dwt ships, which will fly the Belgian flag, will, alongside the new hull design and an efficient and economic main engine, be fitted with Daman's remote monitoring ...
  • Cyber ransom payments have 'skyrocketed' over the past 12 months
    New research has found that the maritime industry remains an "easy target" for cybercriminals, and that the cost of attacks and demand for ransom payments across the sector have skyrocketed over the past 12 months. The report, which was produced by law firm HFW and maritime cyber security company CyberOwl, reveals that the average cyberattack ...
  • Volvo signs up for offshore wind power
    Sweden-based automaker Volvo Cars has partnered up with compatriot renewables developer Eolus to collaborate on the Västvind offshore wind power project off the coast of Gothenburg. The partnership involves the 1 GW offshore wind power project supplying significant amounts of electricity to Volvo Cars' operations at Hisingen in Gothenburg, including the new battery factory being ...
  • Naftomar paying hefty $83m for LR duo
    The deal of the week has been sealed between Greek Nicholas Inglessis and his family-oriented Alberta Shipmanagement and compatriot owner Naftomar. They are two owners who have been in the headlines for their deal-making in the last four weeks. Broking sources tell Splash that Naftomar is tempting Alberta Shipmanagement with $83m, buying two Hyundai Mipo-built, 75,000 dwt long-range ...
  • Samsung Heavy debuts tech to counter overboard containers
    South Korean shipbuilder Samsung Heavy Industries has revealed its latest invention called Special Structure Anti-Container Loss (SSA-CL), using homegrown technology to minimise container loss incidents for ships during adverse weather conditions. SSA-CL, which can be attached to the ship's lashing bridge, is designed to limit the lateral movement of containers by more tightly restraining the ...
  • Famous British broker rebrands
    After 143 years London-headquartered shipbroker Simpson Spence Young is going in for a rebrand and will be known henceforth simply as SSY. In addition to the official name change, SSY has also unveiled a new global corporate identity, a new website, and a dedicated online portal for its research division. Speaking on today's announcement, Stanko ...
  • Ocyan scores $317m contract with Petrobras
    Brazilian offshore service provider Ocyan has inked a new contract with Petrobras to carry out the revitalisation of the state-run energy firm's gas network in the Campos Basin. Lasting about four and a half years, the contract, worth around $317m, will be executed in partnership with the Portuguese engineering and construction company Mota-Engil. The campaign, ...
  • Reach Subsea inks cable survey deal with NKT
    Norwegian offshore services player Reach Subsea has struck a deal with Danish cabling firm NKT for the supply of subsea cable survey services. The Oslo-listed Reach has ramped up its capacity significantly over the last couple of years to serve a rapidly growing renewables market with a broadened service offering. Meanwhile, similar to other cabling ...
  • Ørsted signs deal to sell 50% stake in third German offshore wind farm to Glennmont Partners
    Danish energy firm Ørsted has agreed to sell 50% of another offshore wind farm in Germany to funds managed by Glennmont Partners from Nuveen. A deal worth €473m ($498.3m), comprises the price for the acquisition of the 50% ownership share in Gode Wind 3 and a commitment to fund 50% of the construction of the ...
  • Foroohari buys 6,500 teu containership from Uthalden Maritime
    Uthalden Maritime Management, the maritime arm of Harald Moraeus-Hanssen-led private investment company, has sold one of its vessels. Uthalden said on its social media channels that it sold the 6,500 teu containership. The vessel was purchased in July 2018 and delivered on Monday to its new owners. The company initially did not reveal any financial ...
  • Shipyards need to expand to meet IMO green goals: ClassNK
    Japanese classification society ClassNK has crunched the numbers to work out the volume of ships yards will have to churn out in order to comply with the indicative checkpoints agreed at this year's new International Maritime Organization greenhouse gas (GHG) targets. In short, 80m gt of zero-emissions vessels will need to be handled by shipyards ...
  • SwissMarine takes stake in US bulker owner Pangaea
    SwissMarine has become the latest name in the growing list of shipping companies with investments in publicly listed dry bulk shipowners. The Peter Weernink-led dry bulk operator has acquired close to 2.5m shares in Nasdaq-listed US bulker owner Pangaea Logistics Solutions. The acquired shares, which have been trading at around $6 each, correspond to a ...
  • Another top name in Chinese ship finance arrested
    One of the most high profile banking names to date has been arrested in the ongoing anti-graft probe led by Chinese president Xi Jinping. Liu Liange, the former chairman of the Bank of China, has been arrested over suspicions of bribery and giving illegal loans. Liu, 62, is well known in shipping for the 11 ...
  • Columbia launches female cadet mentoring programme
    As part of its bid to attract more women into the maritime sector, shipmanangement giant Columbia Group has launched a mentoring programme aimed at female cadets. Recognising that the industry is missing out on a great deal of female talent the group hopes that the mentoring programme will not only attract more females onboard vessels, ...
  • Berge Bulk unveils the world's most powerful sailing cargo ship
    James Marshall-led Berge Bulk has shown off its retrofitted newcastlemax bulker, Berge Olympus, which now houses four BARTech WindWings by Yara Marine Technologies. The WindWings installation is part of Berge Bulk's ambition to become carbon neutral by 2025 with the shipowner claiming today the Berge Olympus is the world's most powerful sailing cargo ship. With ...

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Lloyd's List web site
OCTOBER 17, 2023
  • Sovcomflot tankers go dark in Black Sea, citing maritime security fears
    Russia-controlled shipowner says August attacks on commercial ships in the Black Sea behind the move, which is compliant with international...
  • Clash of Basel and Hong Kong conventions could leave owners making inadvertent breach of recycling rules
    Know what the stipulations are or risk fines or even prison sentences, top lawyers warn
  • Capesize rates beat expectations as they cross $30,000 per day
    Time charter equivalent rates for capesizes have reached their highest levels in nearly 18 months, Jefferies says, beating expectations as...
  • Singapore bunker sales climb in Q3
    Bunker sales in Singapore rose over July-September on the back of higher HSFO sales, despite rising prices
  • GMF initiative launches pilot to improve inclusiveness and working conditions at sea
    Companies participating in the GMF's All Aboard Alliance will pilot a set of measures to 'make life at sea more...
  • Electric vehicles a challenge to fire fighting and vessel design standards
    The design and stowage plans of vessels need to be looked at as more electric vehicles are shipped. Crew firefighting...
  • Maersk calls on China to include shipping in carbon trading system
    Danish company puts forward suggestion for China to include the shipping industry in its carbon trading system, similar to the...
  • Containership asset prices under pressure as buyers hang back
    The list of sales candidates is growing, but buyers appear to be reluctant to conclude deals due to an expectation...
  • Commercial shipping 'used for North Korea-Russia munitions shipments'
    RUSI report underscores the role that commercially operated vessels are playing in illicit activities and the use of deceptive shipping...
  • Berge Bulk takes delivery of wind wing vessel
    Berge Olympus has set sail on its maiden voyage with the aid of four wind wings measuring nearly 40 metres...
  • Daily Briefing
    Tankers and bulk carriers to report softer third-quarter earnings | Tanker market poised for further gains after strong rally |...
  • Deal for limited Venezuelan sanction relief reportedly imminent
    Biden administration reportedly agrees with government of Nicolás Maduro to ease oil sanctions in return for a free and monitored...
  • Sea mine suspected in product tanker explosion near Ukraine
    The ship reportedly sustained minor damage and has called at the Ukraine port of Kiliia in the estuary of the...

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The Journal of Commerce web site
OCTOBER 17, 2023
  • Investor group seeks to block Forward Air-Omni deal, oust Forward CEO
    Ancora Alternatives is seeking a special shareholder meeting to replace members of Forward's board of directors, including CEO Tom Schmitt, with the ultimate goal of killing the acquisition of Omni, which Ancora blames for a steep drop in Forward's stock value.
  • Planned bridge raising opens door to upgrade of North Charleston Terminal
    SC Ports says the work will allow the terminal to attract growing volumes of cargo moving through the Suez Canal on large ships that are too big to call the facility now.
  • Hapag-Lloyd enlists India-based vendor to support US digital documentation move
    Ocean carriers are aligning with technology vendors to meet a self-imposed deadline to digitize shipping documentation, with Hapag-Lloyd's use of ODeX in the US the latest example.
  • Fresh geopolitical stress puts supply chain resilience back in the spotlight: analyst
    Existing overcapacity in the container shipping market has provided the resilience required to handle a potential prolonged blockage of the Suez Canal, says analyst Lars Jensen, who wonders if stakeholders are willing to pay higher freight rates to maintain that safety net.

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TradeWinds web site
OCTOBER 17, 2023
  • Mexico president says rail alternative to Panama Canal will open in December
    Lopez Obrador points to 'saturation' and water problems at 100-year-old waterway
  • Pyxis Epsilon buyer revealed as MARAD adds ships to national security subsidy programmes
    Maritime Security Program now has full roster of 60 vessels while tanker fleet reaches 10
  • NYK reveals plan to boost LNG carrier fleet to almost 120 ships by 2027
    Company adding swathe of newbuildings to meet expected demand for ship capacity
  • Cooperating again: Marshall Islands back in favour with the EU on tax
    Shipping register welcomes move to remove island nation from list of non-cooperative jurisdictions
  • VLCC rally enough to wipe out weak DHT guidance DNB's Lian says
    The third quarter will be the company's weakest until 2025, the analyst argues
  • Back in business: Baltic Dry Index jumps above 2,000-point level
    And average capesize spot rates have jumped up to above $30,000 per day on Tuesday
  • Shipping names pay multimillion-dollar ransoms after cyber attacks
    The rapid introduction of technology on ships makes shipping more vulnerable to infiltration
  • Fredriksen's stake in Zabrocky's International Seaways under spotlight after Euronav deal
    Could Norwegian mogul John Fredriksen make another M&A play?
  • Mainstream tankers to gain if US eases restrictions on Venezuelan exports, Clarksons says
    Analysts believe that although shipments will be modest, the dark fleet will not be involved
  • Why new container ship orders are breaking records amid waning demand
    Carriers continue to order ships, but where will the demand come from?
  • CO2 shipping set to 'blow up' despite markets being 'most difficult' to read, says Capital's Kalogiratos
    CEO sees excitement in new markets, while other Greek players take a more conservative approach
  • Russia faces 'hard choices' as US turns price cap screw
    Senior Treasury official says Russia has spent billions on oil tankers to ship fossil fuels outside of the price cap regime
  • Pace of wind ship orders slows as slippage seen in new offshore projects, Clarksons says
    Shipbroker tallies only five new WTIV newbuildings contracted this year
  • Wan Hai secures Japanese finance for container ship newbuildings
    Vessels are part of a series of 24 ordered by the Taiwanese liner operator at Nihon Shipyard
  • Excelerate Energy snaps up 10-year extension deal from Petrobras on FSRU
    Regas vessel to be deployed primarily at Bahia terminal until 2034
  • China's biggest ship lease financier pledges to back 'green' shipping
    Chairman of BOCOM Leasing tells conference that ships with lower emissions now make up over 50% of its portfolio and it wants more
  • Eagle LNG finally bags a small-scale LNG carrier as it builds out its bunkering
    Vessel set to be used to supply Royal Caribbean Cruises ships
  • Fast Lines Belgium inks mini-bulker newbuilding brace with Damen Shipyards
    Combi-Freighter design seen as path to cleaner and more efficient vessels
  • Bulker owner ESL reveals renewables shipping plan with new recruit
    Finnish company wants bigger share of offshore wind and project transport market
  • Navigare Capital pays $212m for trio of DFDS freight ro-ros in leaseback deal
    Danish owner charters vessels back to compatriot over five years
  • Comment: Pakistan now holds the key to greening shipping's dirty secret
    After Bangladesh stepped up to enable global ship scrapping rules to come into force, Pakistan now deserves support to ensure the compliance is water-tight
  • New Fortress Energy set to fire up first FLNG unit in November
    Hugely delayed FSRU-based Brazilian terminal set for December start-up
  • 'Call us SSY': New-look shipbroker launches hunt for next generation
    Managing partner Stanko Jekov says the search is on for trainees
  • Top Ships stock jumps 12% after it regains Nasdaq compliance
    Greek tanker owner's share split does the trick at US exchange
  • A&O Shearman: Partners vote to seal $3.5bn mega-merger of law firms
    Superpower created in energy and shipping markets through combination of Allen & Overy and Shearman & Sterling
  • Torm linked to $150m capture of second tranche of tankers from Alterna Capital
    Brokers say Danish shipowner has pounced on four MRs from US owner
  • Baltic Exchange reassures frustrated freight futures players, but threat remains
    Traders, owners and FFA brokers push the Baltic Exchange to address 'fundamentals' of index integrity
  • Berge Bulk boss reveals 'Marshall Plan' to decarbonise bulk carrier fleet
    James Marshall explains the four pillars of his emissions-reduction strategy
  • Payback time: Berge Bulk unveils world's most powerful wind-assisted ship
    Singapore shipowner expects big fuel savings and emission cuts from newcastlemax
  • UK charity demands port levy to pay seafarer welfare bill
    British charity Merchant Navy Welfare Board says voluntary scheme is not raising enough money
  • Digital freight forwarder Flexport slashes workforce by 20%
    Job losses latest in a string of departures from what was once one of the most prominent start-ups in logistics

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American Shipper web site
OCTOBER 17, 2023
  • United Airlines receives no peak season cargo push
    United Airlines had a weak quarter for cargo revenue, but it's on par with the rest of the industry.
  • Shipping line earnings preview: A mix of black, red and very red ink
    Cosco earned more than $800 million in the third quarter, while one analyst expects Zim to lose more than $200 million.
  • Global Crossing Airlines one of few to make Israel cargo flights
    Global Crossing Airlines is using its small regional jets to airlift aid to Israel. Other U.S. carriers are more cautious and have canceled flights to Israel until further notice.

››› File
FROM THE HOME PAGE
At the end of the year Fret SCNF will cease to exist and the activity will be detected by the new companies Hexafret and Technis
St. -Ouen
The deal is aimed at averting the payment of 5.3 billion euros.
Tzitzikostas : At the beginning of my mandate I will present a strategy for European ports
Tzitzikostas : At the beginning of my mandate I will present a strategy for European ports
Brussels
"The competitiveness of the transport sector must be based on sustainability," the European Commission said.
Norwegian Cruise Line Holdings records record quarterly revenue
Miami
In the July-September period of this year, the group's ships have embarked on 812mila passengers (+ 9.7%)
The intermodal hubs of Melzo and Milan Smistamento will be retaken in the ZLS of the port and retroport of Genoa
Milan
Deliberation approved by the regional junta of Lombardy
It amounts to 39 billion euros per year the public investment needed to decarbonize European transport.
It amounts to 39 billion euros per year the public investment needed to decarbonize European transport.
Brussels
The estimate in a new study of Transport & Environment
The crisis in the Red Sea has caused a hole of six billion dollars in Egypt's coffers
The crisis in the Red Sea has caused a hole of six billion dollars in Egypt's coffers
Cairo / Alexandria
Scali at the Egyptian port of El Dekheila of the services of Vuxx Shipping between China and Russia
In the third quarter, freight traffic in Chinese seaports grew by 1.7% percent
Beijing
The only volumes to and from abroad have increased by 5.0%
In the July-September quarter, naval traffic in the Bosphorus Strait grew by 6.4%
Ankara
In the first nine months of 2024, the increase was 7.1%
DFDS will not acquire the international transport network of Ekol Logistics
Copenhagen / Istanbul
Exchange of allegations : The Danish group claims that certain contract conditions have not been met ; the Turkish company replies that it has received a discount request in the last 24 hours
In the first quarter of this year, traffic in European Union ports fell by -3.2% percent.
In the first quarter of this year, traffic in European Union ports fell by -3.2% percent.
Luxembourg
The only traffic in containers (+ 5.2%) is growing. Still doubts about the figures attributed to Italy
ECSA and T&E are calling for the Clean Industrial Deal to support the energy transition of shipping
Brussels
Among the demands, make ecological naval fuels available in ports
In the July-September quarter, ONE revenue grew by 65.2% percent.
In the July-September quarter, ONE revenue grew by 65.2% percent.
Singapore
The volumes of containers carried by the fleet increased by 6.6%
In the third quarter, the financial and operational results of COSCO were substantially increased.
In the third quarter, the financial and operational results of COSCO were substantially increased.
Shanghai
The volumes of containers carried by the fleet increased by 8.6%
Maersk records glowing quarterly results
Maersk records glowing quarterly results
Copenhagen
A strong performance in the containerized shipping industry has been decided. Also growing terminal and logistics
Confitarma lists actions to increase the contribution of shipping to the Italian System
Naples
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Oltre 420 posizioni aperte in 17 corsi totali, con un tasso di occupazione post diploma di circa il 95% in media
In the third quarter the traffic in goods in Turkish ports decreased by -1.8%
Ankara
Volumes to and from Italy have increased by 2.9%
The Court of Appeal in Reggio Calabria gives reason to the AdSP of Gioia Tauro in the litigation that juxtaposes it to the Corap
A litigant remains pending in front of the Court of Cassation
Maersk signs an agreement with Chinese LONGi to supply its own dual-fuel vessels of methanol
Copenhagen
The Danish group already has agreements in place to meet more than 50% percent of its demand for methanol planned for 2027
Royal Caribbean again records financial results and record quarterly operating
Royal Caribbean again records financial results and record quarterly operating
Miami
In the July-September period, revenues increased by 17.4%
The association of European ports is alarmed for the planned reform of EU funding to transport infrastructure
Brussels
Transport policy and transport funding must be based on a European approach.
In the third quarter of this year, the transits of large vessels in the Panama Canal were down -38.3% percent.
In the third quarter of this year, the transits of large vessels in the Panama Canal were down -38.3% percent.
Balboa
-36.9% reduction in the volumes of goods transported through the Central American waterway
CMA CGM associates with Marsa Maroc for the management of a container terminal in the port of Nador
Marseille
Expected an investment of 280 million
Maersk confirms participation in service between Turkey and East Coast USA with scallops in Salerno, Livorno and Tanger Med
Copenhagen
Will be activated on 1st February 2025
Hapag-Lloyd will introduce shots at Italian ports in two services between the Mediterranean and East Coast USA
Hamburg / Haifa
Touches in Genoa, Livorno and Salerno in collaboration with ZIM
In the third quarter the terminals of COSCO Shipping Ports handled 29.1 million containers (+ 4.8%)
Hong Kong
Wan Hai Lines orders eight new container ships from 16,000 teu
Taipei
Committed to South Koreans HD Hyundai Samho and Samsung Heavy Industries
Fincantieri-EDGE agreement for the development of solutions for the underwater needs of military navies
Abu Dhabi / Trieste / Paris
The joint venture Maestral will deal with the design, development and construction of underwater systems
WSC, crucial mandate of new European commissioner for transport to ensure decarbonisation of shipping
Brussels
The shipowner association indicates some other priorities to be addressed
Federagents ready to illustrate to institutions the priorities of Italian ports
Rome
Pessina : available to our know-how to suggest the measures to be taken
Sébastien Romani is the new CEO of Forship Spa
Go Ligure
Subenters to Giuseppe Scognamiglio
Restyling of the landing area of the Cruserists in the port of Catania
Catania
In 2023 the traffic of cruises in the Sicilian stopover increased by 43.7% percent.
Resume work for the completion of the commercial docks of the Milazzo Port
Messina
The realization of 18,000 square metres of new aprons is planned.
In the third quarter, Kalmar's turnover fell by -16% percent.
Helsinki
New orders increased by 6%
Approved the 2025 forecast budget of the West Liguria AdSP
Genoa
Ok also at the annual review of the Triennale Operating Plan 2023-2025
Approved the 2025 forecast budget of the Central Adriatic System Authority of the Central Adriatic
Ancona
The first crane arrived to make Giammoro's pontile operating near Milazzo.
Messina
Will be installed by end of year
Green light to the forecast budget and the three-year plan of the work of the Eastern Liguria's AdSP
The Spezia
In the first nine months of 2024 the traffic of containers at Spezia grew by 8.1% percent. On 14 and November 15 the event "A Bridge To Africa"
Approved the forecast budget 2025 and the POT 2025-2027 of the AdSP of the Southern Tirreno and Ionian
Joy Tauro
Port of Livorno, seized a 40-pound load of cocaine
Livorno
Tracts under arrest three people
Approved the 2025 forecast budget of the AdSP of the Northern Tirreno
Livorno
Ok unanimous also at the Triennale Operating Plan 2024-2026
Rail Cargo Group activates a rail service between Belgrade and the port of Rijeka
Vienna
Two weekly rotations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
HHLA reaps upward forecasts for the full financial year 2024
Hamburg
Also expected to be a slight increase in the volumes of container traffic handled by port terminals
In the third quarter, the revenues of COSCO Shipping Ports grew 11.2%
Hong Kong
In the first nine months of 2024, the increase was 5.8%
Approved the 2025 forecast budget of the AdSP of the Sardinia Sea
Cagliari
Also free from the three-year programme of works
Savino Del Bene has acquired the Seabridge Transport in Hamburg
Hamburg / Florence
The company was already acting as the administrative headquarters for the German operations of the Italian group.
In the third quarter, freight traffic in Albanian ports grew by 14.0% percent.
Tirana
In the first nine months of this year, the increase was 14.3%
In 2026, for the first time, MSC Cruciere ships will reach Alaska
Geneva
"MSC Poetry" will carry out weekly itineraries from Seattle
COSCO Shipping Lines orders six new container ships from 13,600 teu to Hudong-Zhonghua Shipbuilding
Shanghai
They will be taken in delivery by 2027
Wärtsilä records a robust uptickdown in quarterly turnover
Helsinki
In the July-September period, the value of new orders rose by 1% percent.
Unified concession for formal act for the Intergroup terminal in Gaeta port
Cyvitavecchia
Has a duration of 12 years
Arrive in the port of Gioia Tauro the last two of the 13 new quay cranes of the MCT
Joy Tauro
They can work on capacity container carriers up to 25mila teu
Assologistic has published a practical guide to customs reform
Milan
Illustrated and analyzed the novelties and critiques of the new legislative plant
In the third quarter, shipping containers in Spanish ports increased by 9.9% percent.
Transhipment traffic grew by 13.2% percent, the import-export trade of 6.4% percent.
USB Mare and Porti criticizes the agreement for the renewal of the contract of port workers
Rome
Signed the voluntary agreement "Ancona blue agreement"
Ancona
The aim is to reduce the impact of emissions from cruise ships, ro-ro and ferries that climb the dorsal port.
Italian Coast Guard and the Italian Academy of Mercantile Academy in support of the Maritime Administration of Ukraine
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
On Friday, the public assembly of Federagents will be held in Rome.
Rome
The Federation celebrates the 75 years since its founding
Spediporto has organized a two-day trip on the Green Logistic Valley and Italy-China trade
Genoa
It is scheduled on 22 and October 23
››› Meetings File
PRESS REVIEW
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
Russia and India join forces in the Arctic, leaving China aside
(News.Az)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Fincantieri opens in San Francisco a center for the development of dual-use technologies applicable both in civilian and military sectors
Trieste / San Francisco
It is housed at the Mind the Bridge Innovation Center
Japan's MHI-MME initiates a license agreement with Chinese Jiangsu Masada
Nagasaki
The aim is the development of the production and sale in China of turbochargers for two-stroke marine engines
By November the ownership of the Victory Shipyard will go to CNV
Venice
Mantovan (Veneto Region) : A new trade union agreement will be built that will cover the 48 workers in organic
In the third quarter, the commercial activity and financial performance of Konecranes grew
Helsinki
The value of new orders for the supply of port means increased by 44.1%
In 2025, a 3.9% increase in cruising traffic in Adriatic ports is expected
Ravenna
Responses Tourism believes that the traffic of ferries, catamarans and aliscafi will record further slight growth
COSCO Shipping Ports acquires stakes in the two port terminals of Hutchison Ports in Laem Chabang
Hong Kong
Investment of 110 million
GNV has taken delivery of the new ferry GNV Polaris
Genoa
First of four new ro-pax units built in China, it will enter service by January
John Xylas will be the new president of Intercargo.
John Xylas will be the new president of Intercargo.
London
He will subordinate to Dimitrios Fafalios, who has been named honorary president
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