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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
16:45 GMT+1
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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
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
Signed the final agreement on the contract of port workers
Rome
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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