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28 April 2025 - Year XXIX
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October 20, 2023

free news
Exim India web site
OCTOBER 20, 2023
  • Vanguard Logistics celebrates 10th anniversary of operations in India
  • MbPA actively participates in GMIS 2023
  • India, China seen contributing half of world's growth in 2023-24: IMF
  • Milaha reports increased net profit for nine-month period
  • Capesize order book down: Report
  • APM Terminals' Jonathan Goldner outlines efforts to power India's maritime growth at GMIS 2023
  • Fourth edition of Tanker Safety Guide (Liquefied Gas) launched
  • Limited trade benefits seen for India in FTA with UK, says GTRI
  • EODC camp in RAs w.e.f. 13th November 2023 to 24th November 2023
  • Chinese economy up 4.9 pc in Q3
  • India's GDP seen growing by 6.5-6.8 pc in FY24
  • DGFT extends sugar export curbs beyond Oct. 31

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International Transport Journal web site
OCTOBER 20, 2023
  • Next stop: the moon
  • Netherlands' first CO2 storage
  • Nokera to use 4PLCS supply chain management
  • German logistics prize for digital twin
  • Greener transport for Formula 1 equipment
  • Bombardier's "Ecojet" project advances
  • London Gateway welcomes first tenants
  • Illegal fish swim bladders seized at US border
  • Alpine transit: rail and road volumes fall
  • Kerry Rayner joins Pallet-Track
  • Three new Delta Cargo pharma stations
  • Konecranes to supply e-crane for Flatholmen hub
  • A new cold chain hub in Schiphol
  • Removals in Australia to become emission-free
  • PSA: changes at the helm
  • "Curiosity of the Day"
  • Black Swan on its way to flying with hydrogen

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The Loadstar web site
OCTOBER 19, 2023
  • Convoy closes down following "a perfect storm", says co-founder
  • Qantas eyes weekend for backlog resolution
  • Struggling Convoy faces claim over fatal accident which casts doubt on business model
  • Maersk takes over box ship chartered by Yang Ming as sub-lets increase
  • ICYMI: JB Hunt's fall from grace
  • DHL Express to buy enough SAF to operate Americas network carbon-free
  • Adani-MSC tie-up to develop major regional transhipment hub at Vizhinjam
  • China and Kazakhstan to boost transport links with box hub at Aktau
  • Young recruits desperately needed to beat global truck driver shortage
  • EC launches 'alliance' bid to step up the war against drug gangs in ports
  • DB Schenker forced to rethink 'green' haulage options after Volta Trucks bankruptcy
  • LTL specialist Roadrunner offers full refund for late shipments

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Marine Log web site
OCTOBER 19, 2023
  • Port of Long Beach reports its busiest September ever
    The Port of Long Beach reports that it has achieved its busiest September on record, Dockworkers and terminal operators moved 829,429 twenty-foot equivalent units (TEUs) in September 2023, up 11.8% from the
  • New Roatan Dream ferry goes to work in Honduras
    The Roatan Dream, a new 41-meter catamaran built by Harvey, La., shipbuilder Midship Marine and designed by Incat Crowther is now in service with Island Ferries S.A. in Honduras, operating on the
  • ClassNK issues AiP for ship powered by hydrogen-fueled two-stroke
    In a world first, ClassNK has issued an Approval in Principle (AiP) for a ship equipped with a large low-speed, hydrogen-fueled two-stroke engine as the main propulsion engine. The parcel layout concept
  • Seatrium delivers Whale FPU for Shell GoM project
    Singapore-based Seatrium Limited has successfully delivered the Whale Floating Production Unit (FPU), for deployment in the U.S. Gulf of Mexico, under a contract awarded by Shell Offshore Inc. in November 2019. The

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Container News web site
OCTOBER 19, 2023
  • MPA calls financiers and insurers to support adoption of electric harbour craft in Singapore
    The Maritime and Port Authority of Singapore (MPA) has launched an Expression of Interest (EOI) inviting financial institutions and intermediaries, as well as marine insurance providers and brokers, to submit proposals to accelerate the adoption of electric harbour craft in Singapore. According to MPA, this EOI will help drive the adoption of electric harbour craft among owners and operators of h
  • ClassNK issues approval in principle for hydrogen-fuelled vessel
    ClassNK has issued an Approval in Principle (AiP) for a parcel layout concept for a hydrogen-fuelled multi-purpose vessel developed by Mitsui O.S.K. Lines, Ltd. (MOL), MOL Drybulk Ltd., Onomichi Dockyard Co., Ltd., Kawasaki Heavy Industries, Ltd. and Japan Engine Corporation (J-ENG). This is the world's first AiP certification for a ship equipped with a large low-speed two-stroke hydrogen-fuelled
  • Hellmann proceeds with digitalisation through BlueBox Systems
    A successful collaboration between BlueBox Systems, a developer of intelligent air cargo tracking solutions, and Hellmann Worldwide Logistics, one of Germany's largest medium-sized logistics companies, demonstrates that a combination of an established company and an innovative start-up can deliver innovation, digitalisation, and sustainable growth. "BlueBox Systems delivers fresh ideas, agility,
  • HPC to carry out study on Kazakhstan's terminal upgrade
    ALG Company, headquartered in Almaty, Kazakhstan has selected HPC Hamburg Port Consulting, an intermodal terminal specialist, to review their current terminal concept and conduct a feasibility study for optimisation and development. The ALG Terminal in Almaty currently plays an important role in handling a diverse range of cargo, including 20 and 40-foot containers, cars, breakbulk, and large-siz
  • Mabanaft and Fairplay Towage sign deal for hydrogen supply to tugboats in Hamburg port
    Mabanaft, an independent and integrated energy company, has signed a Memorandum of Understanding (MoU) with Fairplay Towage Group, one of Europe's largest tugboat operators. The deal is about the supply of hydrogen to Fairplay Towage Group's new tugs in the Port of Hamburg from 2025. Fairplay Towage intends to add tugboats to its fleet in the German port capable of running on hydrogen. In order t
  • DP World signs first manufacturing tenants for Thames Freeport
    DP World announced its first new tenants at its London Gateway Logistics Park, which is part of the Thames Freeport, with two manufacturers having chosen to invest in the site and create jobs in a significant expansion of their UK operations. Ranson, a Belgian food and catering products company, and Destiny Entertainments, a company that imports and alters audio and video products, will relocate
  • Hamburg Port Authority to raise port fees
    The Hamburg Port Authority (HPA) will raise port fees by an average of 6.5% from 1 January 2024, due to the continued very high inflation and increased prices. With the new port fees, the HPA aims to simplify the tariff structure. "For example, the quantity component is eliminated," it said, "leading to more transparency and less effort on all sides." Furthermore, the previously temporary quantum
  • DP World the first steps in the green transition
    Knowing where in your operations the carbon is produced is the first major step in the green transition, for a diverse company like DP World which has port and inland operations as well as the shipping transition to contend with. Speaking exclusively to Container News, DP World's senior vice president of investor relations Redwan Ahmed put into context the urgency it sees as necessary and the thi
  • MSC tops in ship recycling and purchases
    Mediterranean Shipping Company (MSC) is leading the way both in ship demolitions and ship purchases. Cash buyers said that MSC has scrapped 15 vessels so far this year, with the last two torched ships being the 1988-built 2,073 TEU MSC Denisse and the 1989-built 2,918 TEU MSC Levina. Global Marketing Systems noted that the MSC Levina fetched US$7.26 million or US$565/ldt, with 400 tonnes of lefto
  • Kalmar and GMP Le Havre agree on repeat order for hybrid straddle carriers
    Cargotec-owned Kalmar has agreed to equip Générale de Manutention Portuaire (GMP) in Le Havre, France, with four more hybrid straddle carriers. The order, worth over US$5.2 million, was placed in Cargotec's 2023 Q3 order intake, with the equipment expected to be delivered by the end of the fourth quarter of 2023. "As long-term partners Kalmar and GMP Le Havre share a commitment to safe and sustai
  • ONE starts new service connecting Egypt, Lebanon and Turkey
    Singapore-headquartered container line Ocean Network Express (ONE) has announced the launch of a new Egypt-Lebanon-Turkey (ELT) service. "This new service will offer customers enhanced coverage in the European region and offers a direct connection from Damietta to Beirut and Iskenderun," said ONE in a statement. The new ELT service is expected to provide a reliable and quality assured transport s
  • COSCO SHIPPING Ports reports over 77.8 million TEUs in first nine months of 2023
    Chinese port operator COSCO SHIPPING Ports reported that its total throughput in September rose by 7.9%, compared with the same month last year, reaching around 9.3 million TEUs. From the start of the year, COSCO SHIPPING Ports has seen more than 77.83 million TEUs in its ports and terminals worldwide, translating to a slight increase of 0.6%. In September, the throughput at terminals in the Boha
  • Wan Hai Lines names two 13,200 TEU newbuildings
    Wan Hai Lines held a joint ship naming ceremony for Wan Hai A05 and Wan Hai A06, accompanied by a charity donation, at HD Hyundai Heavy Industries Ulsan Shipyard. These are the fourth and fifth vessels in the series of 13,200 TEU container ships built by the shipyard in Ulsan, South Korea. The newbuilding series is designed with a length overall of 335 meters, a breadth of 51 meters, a draft of 1
  • Port of Helsinki sees cargo volume decline
    From January until September, overall cargo traffic at the Port of Helsinki reached 10.4 million tonnes. Additionally, 4.7 million tonnes (-13.4%) were imported, while 5.4 million tonnes (-8.8%) were exported from the Finnish port. The amount of unitised cargo traffic was 8.7 million tons with container traffic falling by 12.3% in terms of tonnes, while wheeled traffic dropped by 8.1%. "I am glad
  • NYK introduces sound-analysis tool to detect ship-equipment abnormalities
    Nippon Yusen Kabushiki Kaisha (NYK), MTI Co. and Nabtesco Corporation have developed an electric diagnostic tool that records, visualises, and analyses the operational sounds of a vessel's engine plant for early anomaly detection. The device has been named "Kirari MUSE" and can store operational sounds from plants as data and use it to diagnose ship-equipment conditions. In particular, Nabtesco l
  • Global first for Formula 1: CEVA Logistics transports Ferrari equipment by rail
    CEVA Logistics, CMA CGM-owned third-party logistics provider, recently designed an innovative rail transport solution for Scuderia Ferrari's F1 racing team in North America. In a global first for Formula 1, Ferrari equipment is being transported by rail between three North American F1 grand prix races as part of the two companies' efforts to cut carbon emissions. Since the start of their cooperat
  • Sea-Intelligence reports limited inflation impact on ocean carrier profits
    During the peak of freight rates in 2021-2022, there was frequent criticism that the carriers' high level of profitability was a major cause of inflation. Freight rates were a little over 200% higher at the peak than in the same period in 2019. The shipping lines' profits in 2021 and 2022 were more than US$400 billion. However, when these profits are compared to the value of cargo carried, carrie
  • GEODIS opens new Schiphol-Rijk temperature controlled facility
    Global logistics provider GEODIS officially started the operation of its new 5,500 m² site in Schiphol on 6 October providing services to the pharma and healthcare sectors. According to the company, "this new location is next to the existing site and will expand GEODIS' footprint in pharma and healthcare, which is already well-established at the logistics operator's Venlo site with a significant

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Splash web site
OCTOBER 19, 2023
  • Hapag-Lloyd sets up Brazilian joint venture
    Germany's Hapag-Lloyd and the Brazilian shipping and waterway logistics firm Norsul have established a new joint venture to start offering container cabotage and feeder services in Brazilian ports in Q1 2024. The jv called Norcoast will be an independent company and based on a 50-50 partnership between the world's fifth largest carrier with a fleet ...
  • Tankers International pool adds Kuwait Petroleum and TRF VLCCs
    UK-based VLCC pool operator Tankers International is expanding with the addition of two ships from newcomer Kuwait Petroleum Corporation (KPC), while its existing partner Transportation Recovery Fund (TRF) has added another vessel. The move, which will bring the total fleet size to 66, has seen one VLCC owned and operated by KPC's unit Kuwait Oil ...
  • Dolphin Drilling firms up India rig deal
    Norwegian semisub owner Dolphin Drilling has been confirmed as the winner of the Oil India rig tender after submitting the lowest bid for a 14-month firm contract. The Øystein Stray Spetalen-backed company has secured a letter of award, subject to a signed final contract. Dayrates have not been disclosed. Dolphin said earlier the start-up for ...
  • Deutsche Bank reveals new emissions targets for shipping, coal mining, and cement
    Deutsche Bank has announced emissions reduction targets for loans to clients in the shipping, coal mining, and cement sectors with 55% of the bank's loans now covered with a net zero plan. Deutsche Bank today published its initial Transition Plan and consolidates its path to net zero by 2050. This Plan focuses on the bank's ...
  • Nordic American Tankers expands suezmax fleet with secondhand buy
    Suezmax specialist Nordic American Tankers (NAT) is expanding its fleet with the purchase of a South Korean-built ship. The New York-listed firm did not disclose the name or the price tag of the vessel but said the unit has been "operated and well maintained by a top shipowner" for the last six to seven years. ...
  • OSV sector shown path to slash emissions this decade
    Offshore support vessel owners and operators have been shown a way to decarbonise current working practices and facilitate the transition to a greener, carbon-neutral sector. A white paper by the Forum for Decarbonising the OSV Industry, established in 2021 through a collaborative effort between Chevron, Shell, TotalEnergies, Equinor, ABS and Maersk Supply Service, has defined ...
  • Operational efficiency takes centre stage at Global Maritime Forum's AGM in Athens
    The Global Maritime Forum, a not-for-profit organisation working to create a decarbonised shipping industry, has identified five key action areas to improve the operational efficiency of vessels with 30 top names in maritime, attending the association's AGM in Athens, committing to adopt these measures. The five actions cover: data collection and transparency; contractual changes; pilot ...
  • Scotland to invest over $600m in offshore wind supply chain
    Scottish First Minister Humza Yousaf has announced that Scotland will invest up to £500m ($606m) in the country's offshore wind supply chain over the next five years. According to a statement by the Scottish government, the investment will help create thousands of green jobs and deliver the full economic potential of offshore renewable projects. The ...
  • Star Bulk joins the rush for kamsarmax orders
    Nasdaq-listed Greek dry bulk owner Star Bulk Carriers has signed up for a fresh pair of kamsarmaxes in China. The Petros Pappas-led owner and operator of around 120 ships has placed an order at Qingdao Yangfan for delivery in 2026, according to brokers. The 82,000 dwt units add to six newbuilds ordered in 2021, which ...
  • CoolCo seals newbuild LNG carrier duo sale and leaseback deal
    LNG shipowner Cool Company (CoolCo) and Huaxia Financial Leasing have entered into sale and leaseback financing arrangements for two newbuild LNG carriers being built by Hyundai Samho Heavy Industries in Korea. CoolCo exercised its option to acquire the newbuilds, to be named Kool Tiger and Kool Panther, from affiliates of EPS Ventures in June this ...
  • MOL makes significant stride in developing hydrogen-powered ships
    Japanese shipowner Mitsui OSK Lines (MOL), along with yards Onomichi Dockyard, Kawasaki Heavy Industries and Japan Engine Corporation (J-ENG) have conducted a risk assessment of a multipurpose vessel powered by hydrogen, which has been granted approval in principle (AiP) for the ship's parcel layout concept from Nippon Kaiji Kyokai (ClassNK). This marks the world's first ...
  • Transocean bags $745m worth of contracts for three drillships
    New York-listed offshore driller Transocean has announced that it won new deals and extensions for three of its drillships. The only rig to win two deals is the 2009-built Dhirubhai Deepwater KG1 drillship. The rig's contract with Reliance Industries under a dayrate of $330,000 ends this month. The India-based company has decided to extend the ...
  • Putin seeks international investment for Arctic shipping during visit to Beijing
    Attending China's Belt and Road infrastructure forum in Beijing yesterday, Russian president Vladimir Putin sought international investment to develop the Northern Sea Route (NSR). "We invite interested states to participate directly in its development, and we are ready to provide reliable icebreaker navigation, communication and supply," Putin said. Thanks to Western sanctions, Russia has increa
  • The Captain's Table finalists announced
    The finalists of The Captain's Table pitch competition have been unveiled. The six start-ups have been selected to participate in the finals which will be streamed live on Splash on November 23. The finalists are 123Carbon, a Dutch digital decarbonisation start-up, Crewdential, a seafarer well-being/SaaS solutions provider from Guernsey, ESG NRG, a decarbonisation/sustainability specialist from ...
  • Transworld fails in bid to privatise Shreyas
    India's Shreyas Shipping and Logistics will not be privatised after all as the counter-offer made by Dubai parent Transworld Holdings failed by 2% to attract the required 90% of the outstanding shares. Transworld had earlier this month indicated that it was sure it had built up enough support to take Shreyas off two stock exchanges ...
  • Why shipping still needs to break out of the vicious cyber-cycle
    Action is needed now to improve procedures as new waves of bandwidth come onstream, increasing the threat profile to maritime technology users, writes Nicolas Furgé, president, digital, Marlink. The maritime industry is stuck in a time-warp when it comes to cyber security. This isn't to say that solutions are not available, or that companies don't ...

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Lloyd's List web site
OCTOBER 19, 2023
  • Cargo surge sends port of Long Beach to record September
    The port of Long Beach posted strong figures in September reminiscent of the pandemic-era shipping boom. While it cited consumer...
  • Nordic American Tankers grows fleet with suezmax purchase
    US-listed owner grows fleet to 20 vessels with unnamed tanker acquisition from 'top shipowner'
  • EC unveils European Ports Alliance as key part of anti-drug trafficking strategy
    Hundreds of millions of dollars have been allocated for container scanning equipment
  • Rotterdam CO2 storage project progresses
    Energy majors Shell and ExxonMobil are part of the $1.4bn project that aims to store around 2.5m tonnes of CO2 a...
  • Ukraine hopes to expand temporary corridor as Danube suffers vessel build-up
    Inbound voyages to Ukraine's Black Sea ports remain steady and continued success could help ease pressure on the country's other...
  • Former Swiber directors charged over false contract claims
    Former CEO Yeo Chee Neng faces seven additional charges of insider trading
  • Chinese shipyard Zhoushan Xinya to convert Maersk's first containership to using methanol as fuel
    The vessel will arrive in the repair yard in June 2024 to start the three-month retrofit
  • US suspends some Venezuela sanctions
    Analysts predict modest boost to crude output
  • CoolCo fully funds LNG newbuilds via Chinese leasing pact
    The 174,000 cu m pair, Kool Tiger and Kool Panther, scheduled for delivery in the second half of 2024, are...
  • Daily Briefing
    Shipping remains off target in its bid to resolve the zero-carbon conundrum | IGC Code quirk holding back ammonia fuel...

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The Journal of Commerce web site
OCTOBER 19, 2023
  • Lawsuit from former CEO prompts Slync bankruptcy filing
    The company will sell its technology and shut operations, deciding it could not grow its business while paying the legal fees of ousted CEO Chris Kirchner.
  • Transfix defies down market to raise $40 million for truckload brokerage
    Transfix's investment being announced on the same day Convoy told employees it was winding down operations highlights some of the differences between members of a group broadly defined as "digital brokers."
  • Prince Rupert to build large export transload facility to balance cargo mix
    Construction of the C$750 million, 400,000-TEU facility for Canadian and US agricultural and resin exports will be key to achieving more balanced two-way trade through the Western Canadian port.
  • Convoy says will shut operations, sell off technology amid market downturn
    While sudden, the impact of Convoy shutting its business should be muted in a truckload brokerage market where shippers have access to low spot rates and plentiful capacity.
  • India-US rates pushed lower amid excess capacity, muted peak season
    After jettisoning previously planned October rate hikes, some India-USEC carriers have published new, modest rate increase plans for November.
  • Excess capacity, muted peak season push rates lower for India-US cargo
    After jettisoning previously planned October rate hikes, some India-USEC carriers have published new, modest rate increase plans for November.
  • Capacity glut, forwarder competition drive Asia-Europe ocean rates lower
    Spot rates are being dragged down by forwarders speculating on an extended period of weak rates on the Asia to Europe trade as capacity is expected to outstrip demand through 2024.

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TradeWinds web site
OCTOBER 19, 2023
  • On track: Cadeler-Eneti merger looking good as companies make key SEC filing
    With important hurdle cleared, WTIV players still expecting $1.2bn deal to close by year's end
  • US set to export more grain as it expects bumper corn harvest
    'Any increase in grain movements is good' for bulkers, shipowner says
  • AMSC approves shareholder payout after Jones Act tanker exit
    Oslo-listed shipowner closes sale to Maritime Partners
  • Ports seen as 'key node' for a cross-sector freight decarbonisation in the UK
    Maritime freight's green transition could require £75bn in investment, mostly on land
  • VLCC rates continue big swings amid Middle East chaos
    Fast-changing events on the world stage continue to affect the largest crude carriers, say analysts
  • Eastern Bulk Carriers to be wound down as Tidemand family exits shipowning and trading
    Tidemand sisters have been winding down their various shipping ventures this year and will focus on investing
  • Hapag-Lloyd and Norsul form Brazilian cabotage operator
    New company, Norcoast, will rival similar ventures by other leading liner operators
  • Deutsche Bank swings behind Poseidon Principles targets with first transition plan
    Non-signatory stays outside lending group but says it regularly reviews membership of all relevant organisations
  • Shipowners turn to spot LNG bunker deals in volatile market, Integr8 Fuels says
    Navig8-backed supplier says dual-fuel ships are starting to use LNG again as price drops
  • Streetwise: Tsakos Energy Navigation celebrates 30 years of publicly dodging black swans
    Streetwise examines Nikolas Tsakos' listed vehicle that's stood the test of time, but not without some quibbles
  • US offshore wind vessel orders accelerate at a crawl as shipyards struggle
    As inflation and labour shortages continue to plague shipyards, newbuilding deals trickle
  • Kuwait Petroleum commits VLCCs to Tankers International for first time
    London-based pools operator also adds tanker from TRF
  • Have Estonian engineers SRC solved shipping's methanol storage problem?
    Marine engineering company says it can avoid cofferdams on board to boost fuel capacity by 85%
  • Flexibility of LNG needed for energy transition, but sector needs to decarbonise
    International Gas Union says gas demand is seeing 'unprecedented uncertainty' from 2030
  • Big-league owners and charterers push for green contract changes
    Move is part of Global Maritime Forum-sponsored campaign to boost ships' operational efficiency
  • Pyxis boss Valentis targets three or four ship buys after 'record' tanker sale
    Greek CEO says company will 'reload' with product tankers when the time is right
  • Nordic American strikes deal for suezmax tanker
    Herbjorn Hansson-led shipowner's fleet grows to 20 tankers, with company predicting a strong market
  • Putin invites overseas investment in Arctic route on visit to 'dear friend' Xi
    Russian president wants partners to help it develop Northern Sea Route
  • Future of five-year-old LNG ship duo hangs in balance as legal rows roll on
    South Korean court ruling orders Kogas to compensate owner and yard
  • MOL and partners win AiP for hydrogen-fuelled multi-purpose vessel
    Team claims world-first for ship with a low-speed, two-stroke, hydrogen-fuelled engine
  • US lifts Venezuela oil sanctions in boost for tanker trades
    Six-month suspension relies on President Nicolas Maduro holding fair elections next year
  • In pictures: SSY says goodbye to Simpson, Spence and Young at big rebranding bash
    Shipbroker picks Singapore to unveil its new corporate identity
  • Transworld falls just short in bid to delist Shreyas Shipping
    Dubai parent's offer was not enough to reach 90% control of Indian shipowner
  • BP ships a first cargo from its new Tangguh LNG train
    Next phase of Indonesian liquefaction project will include carbon capture utilisation and storage technology
  • Ince partner Richard Oakley joins law firm CMS in Hong Kong
    Global group expands shipping and insurance practice with experienced lawyer
  • Himalaya Shipping profit poised to pop as capesize rates soar, Clarksons says
    Tor Olam Troim-backed owner has big upside potential, analysts argue
  • DNB shrinks shipping book by $250m as lender goes for share buyback
    Profit up but offshore, oil and gas provisions rise in third quarter
  • Iconic salvage tug SA Amandla retires: 47 years of heroic ship rescues come to an end
    Old age has finally caught up with the vessel, says owner African Marine Solutions
  • Capesize bulker market keeps rising amid scarce supply in Atlantic basin, analyst says
    Port congestion and Vale's higher iron ore volumes also boost sector, according to Clarksons Securities
  • UOB swaps Yangzijiang Shipbuilding for Marco Polo in Alpha Picks portfolio
    Singapore bank drops Chinese shipbuilder in expectation of weaker order flow
  • Legendary salvage tug SA Amandla bows out after 47-years of rescuing ships in peril
    Old age has finally caught up with the vessel, says owner African Marine Solutions
  • Legendary salvage tug SA Amandla bows out after 47-years of recuing ships in peril
    Old age has finally caught up with the vessel, says owner African Marine Solutions
  • UOB swaps Marco Polo for Yangzijiang in Alpha Picks portfolio
    Singapore bank drops Chinese shipbuilder in expectation of weaker order flow
  • Funds reveal 15% stake in MSC-controlled Log-In Logistica
    Alaska Asset Management funds increase second-largest stake in Brazilian company
  • Kool cats 'fully financed': Ofer's CoolCo signs deal with Chinese leasing house for LNG newbuildings
    Chinese leasing house signs 10-year deal for newbuildings at Hyundai Samho

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American Shipper web site
OCTOBER 19, 2023
  • China approves first A321 cargo conversion for Sichuan Airlines
    The first Airbus A321 converted freighter has been cleared by authorities to begin commercial service in China.
  • Port of Long Beach CEO: 'Consumer confidence is on the rise'
    "We look forward to a moderate rebound in cargo volume through the end of the year," said Port of Long Beach CEO Mario Cordero.
  • American Airlines' cargo revenue shrinks by a third in tough market
    American Airlines Cargo had a disappointing, but expected, third quarter. Management says new aircraft and operational enhancements should help attract customers as the market improves.
  • Kuehne+Nagel teams up to make airport cargo handling more efficient
    Mega-forwarder Kuehne+Nagel is working with one of its top air logistics vendors to make airport cargo transfers faster.

››› File
FROM THE HOME PAGE
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
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
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
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
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
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
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
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
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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