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24 April 2025 - Year XXIX
Independent journal on economy and transport policy
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October 18, 2023

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