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24 April 2025 - Year XXIX
Independent journal on economy and transport policy
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July 20, 2023

free news
Exim India web site
JULY 20, 2023
  • 'We are committed to building on Sarjak Container Lines' success'
  • IMO & IAPH in MoU for ship-port cooperation
  • DPA presented 'Pioneer Industry - Maritime Services' award
  • HDC Bulk Terminal bags 30-year concession
  • Port of Antwerp-Bruges says gaining market share in container handling despite unstable economic conditions
  • Exports likely to be hit by new EU subsidy rules
  • YOU ASK.. WE ANSWER...
  • CBIC issues clarification on ITC claims on services provided by HO to its branches
  • China's economy grows just 0.8 pc in Q2
  • India to set up LNG terminal in Iraq
  • Smart shipping container market seen growing

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International Transport Journal web site
JULY 20, 2023
  • Tanks flow thanks to new platform

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The Loadstar web site
JULY 19, 2023
  • Union rejects mediator's plan to end Canadian west coast port strike
  • Supply chain in the era of the new 'NOT normal'
  • With 122 new ships on the way, CMA CGM has Maersk in its sights
  • Missed pension and benefit payments pushes Yellow toward 'fatal' strike
  • Bunkering fraud cost $5bn and disabled 600 ships last year
  • New freighter operators could find they're landing in a tough market
  • UK gave £690,000 subsidy to Volga-Dnepr after Russia's invasion

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Marine Log web site
JULY 19, 2023
  • Russia follows grain deal pull out with missile strikes, demands and threats to merchant ships
    Following two nights of missile and drone strikes that reportedly destroyed 60,000 tonnes of grain in Ukraine's port of Odesa region, Russian President Vladmir Putin today set out his demands for renewing
  • NTSB releases report on fishing vessel Grace Marie sinking
    The failure of the doubler-plated hull under the engine room likely caused the flooding and sinking of the 1978-built fishing vessel Grace Marie near Gloucester, Mass., last year, the National Transportation Safety
  • Key Equipment Finance leads $177.5 million Pasha Hawaii financing
    Superior, Colo., based Key Equipment Finance, a division of KeyBank, reports that it recently served as the lead arranger of a group syndication providing $177.5 million in financing for Pasha Hawaii's second
  • B.C. port strike resumes as union walks away from tentative deal
    Collective bargain works, until it doesn't. The tentative deal between the British Columbia Marine Employers Association (BCMEA) and the ILWU Canada announced July 14, didn't last long and striking workers were back
  • Birdon America awards first Waterway Commerce Cutter (WCC) subcontracts
    Denver-based Birdon America, Inc. a subsidiary of Australia's Birdon Pty Ltd, reports that it has awarded a first round of major subcontracts in support its $1.187 billion contract to design and build
  • Green methanol supply chain starts coming together
    When LNG first started gaining traction as a marine fuel, there was a lot of talk about chickens in eggs around issues of supply, demand an infrastructur

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Container News web site
JULY 19, 2023
  • Steady cargo volumes at Port Houston
    Port Houston handled 315,983 TEUs in June 2023, making the total for the year so far more than 1.8 million TEUs, a decrease of just 2% compared to last year's record-breaking year. Houston's loaded exports continue to lead the way, with 673,228 TEUs through the first half of the year. This is an increase of 12% compared to the same period in 2022. At the same time, loaded imports are down 7%. Add
  • Port of Tacoma accelerates net zero emission target by 10 years
    The Port of Tacoma Commission voted unanimously to phase out greenhouse gas emissions under the port's direct control by 2040, accelerating the target from 2050. More specifically, the commission addressed what are called scope 1 and scope 2 greenhouse gases, which represent direct emissions from Port-owned and operated buildings and vehicles, and electricity purchased for Port facilities. This c
  • Maersk opens new Atlanta air cargo hub
    A.P. Moller - Maersk has inaugurated a new 11,450 m² (123,000 ft²) air freight gateway near Atlanta Hartsfield Jackson International Airport (ATL) in Georgia, US. The new gateway offers direct planeside recovery with immediate unit load device (ULD) transfers to the new facility, according to Maersk's announcement. "Our Atlanta facility enhances our offering, providing customers with superior sup
  • SC Ports sees 2.6 million TEUs in fiscal year 2023
    South Carolina Ports (SC Ports) handled nearly 2.6 million TEUs and 1.4 million pier containers in fiscal year 2023 (1 July - 30 June). SC Ports noted that while this is a 10% decrease from the fiscal year 2022, when pandemic spending drove an extraordinary freight boom, volumes are up 1% from the fiscal year 2021, which was a "more ordinary year". Additionally, SC Ports handled 203,091 TEUs and
  • IMO appoints new Secretary-General
    The International Maritime Organisation (IMO) Council elected Arsenio Antonio Dominguez Velasco of the Republic of Panama as the new Secretary-General for the next four years. Valesco's term will begin on 1 January 2024, after the termination of the contract of the current Secretary-General, Kitack Lim on 31 December 2023. The decision was made during the 129th session of the IMO Council, which i
  • DACHSER accelerates zero-emission initiatives in Europe
    DACHSER Netherlands is putting its first e-trucks into operation. The company believes it is an important step on the road to zero-emission deliveries in the future "Zero Emissions Zones" for urban logistics (ZES zones) in the European country. The first e-truck that DACHSER Netherlands is now using in Waddinxveen is the Volvo Electric FL 4x2. With this battery-electric truck, the logistics provi
  • Carriers on India-Europe trade see no rate slide letup ahead of FAK hike plans
    The market outlook for container carriers operating on India-Europe trades appears to be darkening with no let-up seen in the freight rate erosion. Average rate levels on the trade lane have hit new lows over the past week, compared with the averages reported earlier this month. According to market sources, booking rates from Nhava Sheva (JNPT) or Mundra in India to Felixstowe or London Gateway i
  • New CEO at Jordan's Aqaba Container Terminal
    Harald Nijhof has been appointed as the new chief executive officer (CEO) of Jordan's Aqaba Container Terminal (ACT), the gateway for import and export cargo trading between the Levant region and the rest of the world. Harald Nijhof will succeed Soren Jensen, who has led ACT, which is part of Maersk-owned APM Terminals, for the previous two years. Nijhof has experience in the maritime industry br
  • Maersk builds new distribution center in Singapore
    Maersk began construction works on a new distribution centre of more than 100,000 m² (1.1 million ft²) in Jurong West aiming to strengthen its omnichannel-fulfillment capabilities in Singapore. The ground-breaking ceremony was held today (19 July) and the facility is expected to be completed in the first quarter of 2025. The new World Gateway 2 distribution center is located in the industrial are
  • ONE launches new intra-Asia service
    Singapore-headquartered ocean carrier Ocean Network Express (ONE) will launch a new service connecting Thailand, Vietnam, China and Japan. The new direct service Thailand Hakata Express (THX) will have the following port rotation: Bangkok (Thailand) - Laem Chabang (Thailand) - Ho Chi Minh (Vietnam) - Nansha (China) - Hakata (Japan) - Osaka (Japan) - Kobe (Japan) The container shipping company sai
  • SeaLead opens new office in India
    SeaLead has announced the establishment of a new office in Mumbai, India, aiming to expand its operations in South Asia. SeaLead said the Mumbai office is expected to be a significant centre in the company's operations, providing a variety of solutions to address the rising demands of local consumers. The new office, led by Shiva Mahadevan, managing director for South Asia and the Middle East at
  • COSCO Shipping Ports reports steady box volumes
    COSCO Shipping Ports Limited (CSPL) reported a slight increase of 0.8% in its total container throughput in June, compared with the same month last year, reaching 8,963,000 TEUs. Shanghai Mingdong Terminal saw a strong rebound this month due to the low base effect caused by serious waves of Covid during the same period last year, while throughput at CSP Wuhan Terminal, CSP Abu Dhabi Terminal and
  • Port of Tyne secures US$130 million refinancing package
    Port of Tyne has successfully secured a US$130 million (GB£100 million) refinancing package in collaboration with the UK Infrastructure Bank, Pricoa Private Capital, and Lloyds Bank. This 10-year financing arrangement sets a national precedent for a British major trust port, further reinforcing the Port of Tyne's commitment to green energy and smart logistics. Under this new financing package, th
  • Canada port strike resumes
    The port workers' strike on the West Coast of Canada has resumed after the disapproval of the tentative four-year wage agreement . International Longshoremen and Warehouse Union (ILWU) Canada Longshore Caucus has voted down the mediators' recommended Terms of Settlement, as it does not believe the recommendations had the ability to protect dock workers' jobs. "Our position since day one has been
  • WeFreight expands in Mexico
    WeFreight, a logistics solutions provider, has announced the official launch of its operations in Mexico. Experienced executive Miguel Trejo, who will be the managing director of WeFreight Mexico, commented, "Mexico is a dynamic market with a growing economy, and we are delighted to be part of its logistics future. We are committed to leveraging our extensive experience and industry knowledge to

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Splash web site
JULY 19, 2023
  • Corio sets sights on Philippine offshore wind
    Corio Generation, an offshore wind portfolio company of Macquarie's Green Investment Group (GIG) is looking to add to its fast-growing offshore wind pipeline across the Asia-Pacific with project proposals for upcoming auctions in the Philippines. The government of the archipelago of more than 7,600 islands is looking to reach a target of 35% renewables in ...
  • SBM Offshore targets floating wind in Nova Scotia
    Dutch-based SBM Offshore and Ireland's renewable project developer DP Energy have set up a joint venture to pursue floating offshore wind energy opportunities off Nova Scotia, Canada. The duo said they would work to support Nova Scotia's ambitious climate action targets and "contribute meaningfully" to the phasing out of coal from the grid. The Canadian ...
  • Canada dockworkers ordered to end strike
    A renewed strike by the International Longshore and Warehouse Union Canada has been declared illegal following a ruling by the Canada Industrial Relations Board (CIRB). Canada's labour minister, Seamus O'Regan, said in a tweet the labour watchdog ordered that the union cease and desist any strike activity because it did not provide 72-hour notice. The ...
  • Agricore signs for pair of kamsarmaxes at Chengxi Shipyard
    Chinese owner Agricore Shipping is expanding its fleet of bulk carriers with a newbuilding deal at the domestic yard. The secondhand buyer has selected CSSC-affiliated Chengxi Shipyard for its first pair of kamsarmax newbuilds scheduled for delivery in 2026. Established in 2016, the Qingdao-based outfit entered shipowning with its first bulker buy at auction in ...
  • MAN developing methanol retrofit solution for medium-speed engines
    Ship engine manufacturer MAN Energy Solutions will start developing retrofit solutions for medium-speed marine engines as part of a research association including WTZ Ro�lau Gmbh and TU-Darmstadt. The three-year research project called CliNeR-ECo is funded by the German Federal Ministry for Economic Affairs and Climate Action with initial work already underway. CliNeR-ECo will develop concepts ...
  • Port of Tacoma shortens net zero target by a decade
    The Port of Tacoma will phase out greenhouse gas emissions under its direct control by 2040, accelerating the target from 2050. The commission addressed Scope 1 and Scope 2 greenhouse gases, which represent direct emissions from Port-owned and operated buildings and vehicles, and electricity purchased for Port facilities. This contrasts with Scope 3 emissions, which ...
  • Gram Car Carriers increases stake in managed car carrier
    Norwegian tonnage provider Gram Car Carriers (GCC) has bought an additional interest in one of its managed ships. GCC made two separate announcements stating that it would acquire 39% and 15.9% equity ownership in Gram Car AS, a single-purpose company owning the pure car truck carrier . The 39% stake in the 2010-built 5,000 ceu ...
  • Study suggests 39% of all bunkers have fuel content discrepancies
    FuelTrust has released a new report examining bunker discrepancies in the maritime industry, which includes examples of unethical practices and fraudulent activities related to bunkering. FuelTrust's analysis found that between 2021 and 2022, more than 39% of global bunkers exhibited a fuel content delta of 2% or more compared to the amounts stated in their ...
  • Sinopec fleet renewal plans gain momentum
    Sinopec's fleet renewal plans are taking shape as it offloads another ageing tanker. Splash reported recently that the Chinese oil and gas player released one tanker, shaving off the 47,000 dwt, Beacon Hill, an 18-year-old, Onomichi-built ship, for $19m. Broking sources now reveal the same sized, 2003-built, Phoenix Hill, has also been sold for around ...
  • Lomar bulks up with supramax and kamsarmax buys
    Lomar Shipping continues to grow its bulk carrier fleet with the addition of two more Chinese-built vessels. The UK-based shipping subsidiary of Libra Group has purchased the 2010-built supramax Chris from Greece's Seadar Shipmanagement for a reported price of $12.5m. The Cosco Guangdong-built 56,838 dwt ship will be renamed the Rome Trader. Libra has also ...
  • Capital Maritime orders world's largest LCO2 carriers from Hyundai
    HD Korea Shipbuilding & Marine Engineering, a subsidiary of HD Hyundai, has won an order for two world's largest liquefied carbon dioxide (LCO2) carriers from Greece-based Capital Maritime Group. The contract for the construction of two 22,000 cubic metre LCO2 carriers awarded by the Evangelos Marinakis-led company is worth KRW 179bn ($141,5m). The carriers will ...
  • Europe's banking retreat from ship finance continues
    An annual survey from Greece has shown how the market share of European banks as a source of global ship finance has dropped below 50% for the first time with notable scaling back in the sector from the likes of HSBC and across Germany. Banks as a whole remain far less committed to funding shipping ...
  • Nexans wins $1.6bn EuroAsia Interconnector contract
    French cabling specialist Nexans has won a €1.43bn ($1.6bn) contract to deliver the section of the EuroAsia Interconnector that connects Greece and Cyprus. The 2,000 MW project will link the grids of Greece, Israel, and Cyprus and, once completed, will be the longest and deepest interconnector in the world with a bi-pole length of 900 ...
  • China Gas teams with CSSC Shipping and Wah Kwong for pair of LNG newbuilds
    Subsidiaries of China Gas Holdings, Hong Kong's CSSC Shipping and Wah Kwong Maritime Transport Holdings have sealed a joint venture agreement to acquire a pair of LNG carrier newbuilds. The JV will set up two vessel-owning vehicles to order the vessels at a third-party shipbuilder, China Gas Holdings said in a regulatory filing. The company's ...
  • German owners sign up for fresh MPP tonnage
    German owners Nordic Hamburg and Briese Schiffahrt have signed a series of orders for up to eight multipurpose vessels in China. Clarksons is reporting Nordic booked four 850 teu geared MPP heavy lift units at Huanghai Shipbuilding for delivery across 2025 and 2026. Founded in 2006, a diversified owner of 18 ships according to ship ...
  • Container rate platforms stack up
    Two new box rate platforms have launched this week, adding to the wide array of container pricing data available today. Graham Parker, who sold digital freight platform Kontainers to Descartes Systems Group three years ago, has debuted Ship Angel this week, an AI-enabled container rate management platform, which has been bolstered by the acquisition of ...
  • JR Shipping and Polferries units form offshore wind partnership
    Netherlands-based SeaZip Offshore Service has teamed up with PZB Offshore a subsidiary of Polish Baltic Shipping to jointly offer services focused on offshore wind projects in Poland and the Baltic States. Founded in 2010, SeaZip is part of JR Shipping and its offshore service and support vessels are managed by the shipping group's shipmanagement division. ...
  • Barakah Offshore awarded contract extensions by four clients
    Malaysian offshore service provider Barakah Offshore Petroleum has secured more work with for of its clients. The Bursa Malaysia-listed firm said its unit PBJV has been awarded maintenance, construction and modification contract extensions by Sapura Exploration and Production now Jadestone Energy, Hess Exploration and Production, Petrofac and IPC Malaysia. The contracts were due to expire ...
  • Ignazio Messina sells last conros
    Brokers report Italy's Ignazio Messina & Co has sold its last four 2,920 teu large conros to Abu Dhabi Ports for an en bloc price of $400m, far more than the $294m the owner paid for the ships when ordering them in South Korea nine years ago. The Jolly Coral, Jolly Palladio, Jolly Titanio and ...
  • Canada port strike resumes
    The strike along Canada's west coast is back on after a dockworker union yesterday rejected a four-year wage deal agreed with employers last week. The Canada branch of the International Longshore and Warehouse Union (ILWU Canada) said the deal, struck with the help of federal mediators last week, was for too long a period and ...

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Lloyd's List web site
JULY 19, 2023
  • Overcapacity and insufficient demand dim box shipping prospects
    An oversupply of vessels is not being matched by increased demand, experts say. US retail sales are growing but inventories...
  • Chaos and confusion as ILWU Canada issues strike notice, then removes it
    ILWU Canada issued a 72-hour strike notice on Wednesday after a tribunal ruled its abrupt resumption of strike activities on...
  • Boxship recycling set to take off before scrap prices take a tumble
    Sales of containerships for recycling remain well below forecasted levels, although a surge in activity is expected soon, especially as...
  • Shipowners enjoying favourable H&M market, but seeing reduced capacity in war risk
    Cover still to be had for Ukraine calls, but that is a minority concern
  • Canadian tribunal rules dockworkers' renewed strike is illegal
    A Canadian tribunal has ordered ILWU dockworkers to cease and desist from participating in strike action because the union did...
  • Ship prices have not reached bottom yet, forum hears
    Forum hears that the driving forces behind the high returns of the past several years are 'unpredictable and non-replicable'
  • Ukraine proposes alternative grain corridor amid Russian attacks on Odesa
    The US is also involved in talks to explore alternative routes to help Ukraine continue grain exports, although any such...
  • Logistics integration M&As 'a monumental waste' of money
    The trend for logistics integration by way of mergers and acquisitions will reverse at some point. Carriers will one day...
  • Rio Tinto iron ore shipments fall on the year amid China headwinds
    Rio Tinto's iron ore shipments dropped by 1% year on year to 79.1m tonnes in the second quarter, while weaker...
  • Competition for seafarer competence is shipowners' latest challenge
    Danica chief executive Henrik Jensen sees officer sourcing policies changing to encompass a more international approach, rather than the more...
  • Europe urged to do more to secure emissions reductions
    The FuelEU Maritime law is a welcome step towards decarbonisation. But an environmental report says shipping will still overshoot Paris...
  • Daily Briefing
    Arsenio Dominguez wins vote to become next IMO secretary-general | Maersk Broker set to be sold to Clarksons as shareholders...
  • From houses to ships: China's economic struggle is a story of confidence
    Beijing must make people believe that it will respect businesses, revive its skilled diplomacy and bring a more prosperous life...
  • Unstable economy affects Antwerp-Bruges throughput
    The unified port of Antwerp-Bruges has gained market share, but in a falling market. Few segments saw increased volumes in...
  • Canada strikes resume as ILWU rejects tentative agreement
    Canada's west coast ports shut down box operations again as the ILWU rejects a tentative agreement. The union says the...

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The Journal of Commerce web site
JULY 19, 2023
  • Longshore workers at Western Canadian ports returning to work, for now
    The rejection of last week's tentative contract deal by a caucus of ILWU Canada narrows the prospects of a resolution without one imposed by Parliament through back-to-work legislation.
  • Longshore labor unrest a new daily fact of life for North American shippers
    Part of the new dynamic on the waterfront reflects wider transportation labor activism where rail, aviation, trucking and longshore workers have achieved or are seeking to achieve substantial enhancements in pay and work rules, writes Peter Tirschwell.
  • Maersk grows air freight services with opening of Atlanta hub
    The 123,000-square-foot warehouse will also serve as a forward staging area for the carrier's South Carolina-based flight operations that link the southeast US to Germany, China and South Korea.
  • J.B. Hunt says intermodal peak season outlook murky despite June momentum
    That mismatch between container supply and demand has forced intermodal providers to stack boxes, with J.B. Hunt saying it parked about 18% of its container fleet in the first half of the year.
  • Technology providers partner to improve breakbulk rail tracking
    The desire to improve rail and intermodal visibility for bulk and breakbulk customers has led transportation management software provider IntelliTrans to partner with hardware vendor Nexxiot.
  • J.B. Hunt says intermodal peak season murky despite June momentum
    That mismatch between container supply and demand has forced intermodal providers to stack boxes, with J.B. Hunt saying it parked about 18% of its container fleet in the first half of the year.
  • UPDATE: Longshore workers at Western Canadian ports returning to work, for now
    The rejection of last week's tentative contract deal by a caucus of ILWU Canada narrows the prospects of a resolution without one imposed by Parliament through back-to-work legislation.
  • Asia-Europe blank sailings hit two-year low despite sluggish market
    Ocean carriers are showing a lack of urgency to blank sailings even as China's exports weaken and new vessels continue to come online.
  • Focus turns to Parliament after western Canada port strike resumes
    The rejection of last week's tentative contract deal by a caucus of ILWU Canada narrows the prospects of a resolution without one imposed by Parliament through back-to-work legislation.

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TradeWinds web site
JULY 19, 2023
  • American Seafoods strikes deal with US to slash fine in Jones Act fight
    Shipping and logistics affiliates companies agreed to pay $9.5m to settle more than $400m over the alleged use of rail line to get around domestic shipping law
  • Canada tribunal says West Coast strike is illegal, so union plans a new one
    ILWU Canada gives 72-hour notice to return to picket lines at terminals from Victoria to Alaska border
  • Striking again: Canada's West Coast union tears up tentative agreement that reopened ports
    Workers are back at the picket line across ports in British Columbia after ILWU caucus refuses to put tentative deal to a vote
  • Major software investor pumps $42m into maritime tech firm Sedna
    Deal brings Sedna's total funding to $86m even as investors become more cautious about pumping money into digital tech for shipping
  • Back on strike: Canada's West Coast union tears up tentative agreement that reopened ports
    Workers are back at the picket line across ports in British Columbia after ILWU caucus refuses to put tentative deal to a vote
  • Russia formally warns ships, flag states to steer clear of Ukraine
    Vessels approaching war-torn country will be considered potential military targets, Moscow declares
  • A matter of time: Cruise aims to change IMO's 'inappropriate' carbon intensity equation
    Green Seas newsletter explores proposal aimed at adjusting how global regulation is applied to the unique business of providing the 'complete vacation experience'
  • Broking panel would be hit by Clarksons and Maersk Broker tie-up
    Any merger of two big desks would come at a crucial juncture for the container ship charter market
  • Russian oil tankers set rare course for Northern Sea Route in strategic shift
    Aframaxes leave Baltic ports bound for Chinese port of Rizhao in short-cut across the top of the world
  • Bunker contamination disabled 600 ships at cost of $5bn over last year, report says
    FuelTrust claims more than one-third of deliveries showed discrepancies in content
  • Japan P&I Club back in profit after supplementary calls
    Sale of office building also raises additional cash to balance the books
  • Wah Kwong enters LNG via newbuilding venture with CSSC Shipping and China Gas
    Asian groups form joint venture to charter gas duo to China Gas unit for up to 20 years
  • Arsenio Dominguez: I'm not afraid of change at the IMO
    Newly elected secretary-general pledges to make IMO more transparent follows criticisms of the 'cosy' shipping club in London
  • Evangelos Marinakis' Capital Maritime splashes $145m on world's biggest CO2 carriers at Hyundai Mipo
    Greek owner moves into growing sector with $145m deal in South Korea
  • CMA CGM tipped to overtake Maersk as second largest liner operator
    Having been leapfrogged by MSC, the Danish carrier could be pushed into third place
  • Comment: Troubled IMO opts for a safe pair of hands and elects a leader who can get results
    Criticism over decarbonisation progress has spurred the choice of a candidate who knows the issues and politics inside out
  • Gram takes control of managed NRP car carrier at bargain price
    Norwegian tonnage provider builds on stake in Mediterranean Sea bought last week
  • Demand question: Gasum-chartered LNG carrier 'circled in Baltic' with Russian gas
    Finnish energy company resumes Russian purchases but blames lower demand for uncertain ship destination
  • US lightering companies 'afraid' to touch Iranian oil on Greek tanker Suez Rajan
    Reprisals feared if crude discharged from Empire Navigation ship in Texas
  • Russia widens missile, drone attacks on Odesa port infrastructure
    Renewed, intensified strikes suggest that rail, road and barge are the only realistic ways to get grain out of Ukraine
  • Demand question: Gasum-chartered LNG carrier 'circling in Baltic' with Russian gas
    Finnish energy company resumes Russian purchases but blames lower demand for uncertain ship destination
  • Atlantic product tanker rates skyrocket 65% in a day as Europe activity hots up
    Strength in the US Gulf Coast market is expected to draw empty vessels from New York for triangular trade
  • Pareto Bank grows shipping book despite 'steep' loan repayments by owners
    Offshore lending back with a bang at niche financier, with two corporate deals closed
  • Sonatrach tries again with new management tender for only VLCC
    Algerian shipowner issues fresh call for experienced tanker operator
  • Agricore Shipping grows fleet with two kamsarmax bulker newbuildings
    Secondhand ship buyer is ordering newbuildings for the first time
  • Rio Tinto warns of 'persistent headwinds' as China's recovery falls short
    But miner says it still expects full-year iron ore shipments to be in the upper half of previously announced range
  • 'Food as a weapon': US accuses Kremlin of threatening ships in international waters
    State department official urges Russia to restore grain initiative as US and allies seek alternatives

news on subscription
American Shipper web site
JULY 19, 2023
  • Thousands of ships could use LNG as fuel. Is that a good thing?
    Shipowners have invested billions in the LNG fuel option in the belief that it will benefit regulatory compliance and the environment.
  • Maersk opens Atlanta airfreight station
    Maersk Air Cargo is growing its small U.S. footprint with a cargo facility near the Atlanta airport.
  • SC Ports' fiscal 2023 'a much more typical year' following cargo boom
    Fiscal year 2023 volumes tracked more with 2021 volumes than with 2022, which had experienced an unprecedented cargo boom, according to South Carolina Ports.

››› 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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