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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
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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