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Independent journal on economy and transport policy
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April 21, 2023

free news
Exim India web site
APRIL 21, 2023
  • Hapag-Lloyd successfully completes acquisition of minority shareholding in J M Baxi Ports & Logistics
  • ONE announces increase in sailing frequency of Africa, India & Middle East service to weekly
  • Maersk's new container protection prices for India
  • Global trade & investment decisions seen increasingly based on geopolitics; 'friendshoring' on the rise
  • Rathendra Raman appointed Chairperson of Syama Prasad Mookerjee Port
  • IMF: Germany & UK enter recession in 2023
  • AD Ports Group launches container shipping service connecting Kuwait
  • Syama Prasad Mookerjee Port commissions its largest barge
  • Maersk unveils world's first green methanol-powered containership
  • CONCOR changing the dynamics of loose cement logistics
  • Consolidated instructions for granting manual Out of Charge of import consignments where duty is not being reflected in ICES after payment
  • PSA Breakbulk launches first Project Cargo Ecosystem at Antwerp port
  • PM Gati Shakti NMP platform has numerous data layers mapped onto it
  • B'Desh's Matarbari port seen as a game changer for regional connectivity
  • Gangavaram Port reduces fuel surcharge on pilotage
  • Govt plans to challenge WTO panel ruling on ICT duties
  • Removal of diesel export duty notified

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International Transport Journal web site
APRIL 21, 2023
  • A triple at Malpensa
  • Canada, USA and Mexico now linked by single line
  • Treviso and Frosinone added to network
  • A new rail service between France and Germany
  • Additional storage space in Magdeburg
  • P3 Logistic Parks picks Adrien Beuriot
  • Challenge Group: e-commerce with China booming
  • More space for containers in Vladivostok
  • Grimaldi takes over new G5-class vessel
  • General cargo network increases IT security
  • Customs brokerage team ready to serve
  • Reliable Airlines appoints Tom Klassen
  • IAG Cargo restarting flights to China
  • Robots to replace manual order picking
  • Tobias Behncke now heading Retrack Germany
  • "Curiosity of the Day"
  • First maritime container terminal in Michigan
  • 90 years ago today - Macon follows Akron

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The Loadstar web site
APRIL 20, 2023
  • Hopes of a transpacific turnaround as Q1 numbers come in
  • Tell it like it is, guys - it's as clear as San Pedro Bay mud
  • Canny Mærsk avoids two Bolloré auctions in style
  • Doubts over more GRIs as Taiwan carriers bank on demand returning
  • US restructure rumours as another top exec quits Qatar Airways Cargo
  • DB Schenker sale - dodging 'burned fingers' as Berlin tiptoes
  • Amazon speeds up deliveries with a shift to regionalised US model
  • All-round inventory focus waitin' on a sunny day
  • Leadership needed to drive maritime's climate technical fixes
  • Old Dominion's Dave Bates takes on COO role at XPO

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Marine Log web site
APRIL 20, 2023
  • Maritime not yet ready for prime time on alternative fuels
    The maritime industry is not yet ready for the safe adoption at scale of alternative fuels. That's the key take-away from a new report from the Maritime Technologies Forum (MTF), which says
  • Former Chouest OSV to become marine spaceport
    ABS is supporting the reactivation and modification of an offshore support vessel (OSV) to function as the world's first marine spaceport for human space flights. The flights will be operated by Space

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Container News web site
APRIL 20, 2023
  • Downtrend for bunker indices
    Global MABUX bunker indices experienced a sustained downward trend. The 380 HSFO index fell to US$508.54/MT, the VLSFO index decreased to US$646.49/MT and the MGO index saw a larger decline of US$25.57 to US$865.83/MT. "At the time of writing, downward dynamics prevailed in the market," pointed out a MABUX official. The Global Scrubber Spread (SS) - the price difference between 380 HSFO and VLSFO
  • Drewry's World Container Index snaps losing streak as Transpacific spot prices shoot up
    The Drewry's World Container Index (WCI) snapped its losing streak, registering a 3.8% weekly uptick for the index on the back of strong price upswings in the China-US trade route. The Shanghai-Los Angeles (China-US West Coast) trade lane whose prices had taken the largest hit, appreciated 11% for the week to rise from US$1,674 to end at US$1,856. The outperforming Shanghai- New York (China-US Ea
  • DNV opens new Technology Centre to accelerate energy transition
    DNV, the independent energy expert and assurance provider, launched its new Technology Centre on Groningen's Zernike campus in the Netherlands. The new, sustainable facility is equipped with the latest testing equipment to support DNV's research into the decarbonisation of energy systems. According to DNV, the Technology Centre will articulate research and technology qualification for the energy
  • New straddle carriers enhance HHLA's Container Terminal Tollerort operations
    Hamburger Hafen und Logistik AG (HHLA) has proceeded with the renewal of the straddle carrier fleet at its Container Terminal Tollerort (CTT) with eight new straddle carriers with hybrid drive going into operation in April. These vehicles consume significantly less fuel and thus also emit correspondingly fewer emissions, according to HHLA's statement. Including these eight new units, the hybrid s
  • Tangshan Hede starts service to Vietnam and Thailand
    Chinese operator Tangshan Port Hede Shipping, part of the Hebei Port Group, which had operated coastal box shipping services as well as China-Japan-South Korea routes, has expanded into Southeast Asia, with a new service connecting Tangshan port with Ho Chi Minh and Laem Chabang in Vietnam and Thailand. The service kicked off with the 1,096 TEU HS Hong Kong departing Tangshan on 7 April. Accordin
  • UWL opens new office in Brazil
    UWL, an American-owned NVOCC and provider of global 3PL services, opens a new office near the port of Itajaí in Brazil. The around 750 m² facility serves as the central location for most of the company's Brazil-based workforce, which has grown by 500% over the last five years, outgrowing multiple smaller office locations throughout the region. The location overlooks the Port of Itajaí and Navegan
  • Allseas Global Project Logistics to wind up
    Allseas Global Project Logistics, which started liner services during the Covid-19-induced box shipping boom, has been ordered by a United Kingdom court to be wound up. Audit firm Grant Thornton has been appointed as the liquidator, and unsecured creditors are unlikely to have any recourse. Allseas Global Project Logistics' administrators had earlier stated they would move to compulsory liquidati
  • Reduced cargo mobility at Port of Long Beach
    Port of Long Beach (POLB) reported a decline in volumes during March, nearly one-third from the same month last year. Retailers continue to clear warehouses and shippers shuffle routes from the West Coast to seaports on the East and Gulf coasts, according to the port's statement. In particular, dockworkers and terminal operators moved 603,878 TEUs last month, down 30% from March 2022, which was t
  • ONE orders two containerised units for wind-assist propulsion
    Singapore-based Ocean Network Express (ONE) has decided to install two containerised wind assist units on one of their operated container feeder ships before the end of the year. The 1,036 TEU boxship Kalamazoo is owned by Singapore-based Norse and the wind assist systems will be supplied by the Netherlands-based company, Econowind. This is one of the key initiatives of ONE's operational cost opt
  • DNV introduces real-time emissions data verification solution
    DNV has launched Emissions Connect, an emissions data verification engine and data management platform, to help the maritime industry accurately assess and work with emissions data. The solution provides a trusted, verified source of emissions data that can be shared securely with all relevant stakeholders along the maritime value chain. "Reducing emissions and reporting on progress is becoming i
  • Hapag-Lloyd completes share acquisition in J M Baxi Ports & Logistics Limited
    German container shipping company Hapag-Lloyd has finalised the acquisition of a 40% stake in J M Baxi Ports & Logistics Limited (JMBPL). In January 2023, Hapag-Lloyd reached an agreement for the takeover of the Indian shipping firm's shares with an affiliate of Bain Capital Private Equity, which owned 35% of JMBPL, and the Kotak family, who own the majority of JMBPL shares. The contractual parti
  • Wan Hai Lines names three new boxships
    Wan Hai Lines hosted ship naming ceremonies for WAN HAI 361, WAN HAI 362, and WAN HAI 366 at Japan Marine United Corporation TSU Shipyard. WAN HAI 361 and 362 are the 10th and 11th vessels, respectively, in a series of 3,013 TEU container ships, while WAN HAI 366 is the second vessel in a series of 3,055 TEU vessels. Japan Marine United Corporation TSU Shipyard constructed the three container shi
  • CMA CGM introduces new service for tuna reefer shipments ex Abidjan
    CMA CGM has announced a new service specially dedicated to tuna reefer shipments out of Abidjan, Côte d'Ivoire. CMA CGM, along with its subsidiary Ceva Logistics, has introduced this solution which is expected to allow their customers to plug their export reefers during the documentation process. Additionally, the new product is will offer an area located 200 metres from Abidjan Fishing Port, wit

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Splash web site
APRIL 20, 2023
  • Höegh Autoliners bags five-year Asia-Europe vehicle shipping deal
    Norway's Höegh Autoliners has landed a five-year deal with a major Asian automaker to carry cars from Asia to Europe. The Oslo-based company, which operates around 40 roros and makes about 3 000 port calls each year did not disclose the numbers, but said the contract that starts this month has a "significant value". Andreas ...
  • Diana Shipping clinches $100m for debt refinancing
    Greek bulker owner Diana Shipping has tapped Danish Ship Finance for a $100m loan maturing in April 2028. The New York-listed firm has used the proceeds to refinance two existing loans with BNP Paribas of about $75.2m and another loan facility with DNB Bank of approximately $11.8m. Diana said the leftover cash may be used ...
  • UN taps Boskalis to remove oil from decaying FSO off Yemen
    Boskalis' SMIT Salvage has been tasked to remove oil from the decaying floating storage and offloading unit (FSO) moored off Yemen's Red Sea coast. The single-hulled oil tanker, built in 1976 and converted in 1987, is believed to hold 1.14m barrels of light crude oil. Due to the crisis in Yemen, the FSO has not been maintained ...
  • MISC makes green finance debut with $527m loan
    Malaysia's top shipping line MISC has clinched what it says is its first sustainability-linked loan. The company with more than 100 ships in its fleet, sealed an 11-year, $527m syndicated loan through its subsidiaries in Singapore, for the financing of six very large ethane carriers (VLECs). The ambitious environmental key performance indicator (KPI) is benchmarked ...
  • Excelerate completes $265m Maran Gas FRSU purchase
    New York-listed floating regasification specialist Excelerate Energy has completed the acquisition of FSRU from Greece's Maran Gas. The Texas-headquartered company paid $265m for the 173,400 cu m Sequoia currently operating at the Bahia Regasification Terminal in Bahia, Brazil. The Daewoo Shipbuilding and Marine Engineering (DSME)-built unit, capable of operating as both an FSRU and LNG ...
  • Ulstein readies foundation vessel design for Singapore offshore wind newcomer Cyan
    Singapore-based offshore wind vessel pure-play Cyan Renewables has contracted Dutch-based Ulstein Design & Solutions, part of Norway's Ulstein Group, to design a series of new offshore wind foundation installation vessels (FIVs). With a shortage of specialised offshore wind support vessels, these new FIVs are needed to fill the gap and will enable Cyan to support ...
  • Vietnam taking significant volume of US-bound box exports away from China
    Global trade patterns are being remoulded at a fast clip, with reshoring now clearly diminishing China's dominance in the transpacific box trades. Covid, a more strident China, tensions along the Taiwan Strait, and the war in Ukraine have all played their part in many companies looking for alternative places to source their goods lately. Data ...
  • CIMC Raffles seals domestic WTIV order
    Chinese yard CIMC Raffles has revealed an order from fellow construction firm CRCC Harbour & Channel Engineering Bureau Group for the construction of an offshore wind turbine installation vessel (WTIV). According to CIMC, the unit will be the most advanced fourth-generation self-propelled WTIV that will enter service for the construction of offshore wind farms in ...
  • Argeo awarded Norwegian deepsea survey contract
    Norwegian surveyor Argeo has been awarded a contract by the Norwegian Petroleum Directorate (NPD) for multi-sensor data acquisition with autonomous underwater vehicles (AUV) in the northern part of the Mid-Atlantic Ridge. The purpose of the deep-sea survey is to further evaluate mineral resource potential in the 500-km-long Knipovich Ridge. The project, with a contract value ...
  • Chinese commodity demand soars back
    The dragon is back, firing on all cylinders, giving hope to anyone involved in the shipping of commodities to the country with the largest population in the world. China, shorn of the shackles of covid finally, has provided plenty of hugely encouraging data points for tanker and dry bulk owners this week. Gross domestic product ...
  • IMO study makes the case for more ambitious green targets
    A study commissioned by the International Maritime Organization (IMO) shows that the hurdles regularly cited barring the way to shipping's decarbonisation are all surmountable. The study, which has been sent to the Marine Environment Protection Committee (MEPC) which meets in London this July, potentially paves the way for member states to agree on more ambitious ...
  • Two suction sails to be installed on ONE feeder ship
    Japanese liner Ocean Network Express (ONE) has decided to install two containerised wind assist units on one of its operated feeder ships before the end of 2023. The 143 m long, 1,036 teu capacity is owned by Singapore-based Norse and the wind assist systems will be supplied by the Netherlands-based company, Econowind with its VentoFoil ...
  • Lomar to install carbon capture device on boxship next month
    Lomar's new subsidiary lomarlabs is working with London-based climate tech start-up Seabound to develop cost-effective methods to capture CO2 onboard vessels. Lomarlabs works with entrepreneurs who bring deep tech solutions to the maritime industry and helps them de-risk their technologies and optimise their business models. This venture is spearheaded by former Lomar technical director Stylianos
  • Canadian Pacific and Kansas City Southern complete combination
    Canadian Pacific and Kansas City Southern today completed their $31bn combination to create Canadian Pacific Kansas City (CPKC), establishing the first single-line railway connecting Canada, the US, and Mexico. "Today, we celebrate this historic combination creating a truly unique single-line rail network that begins a new chapter of railroad history in North America," said CPKC ...
  • Eneti moves to up wind game with offshore driller Transocean
    Emanuele Lauro-led offshore wind player Eneti and offshore drilling giant Transocean are looking to join forces in the rapidly growing offshore wind services sector. The New York-listed duo has signed a non-binding memorandum of understanding with the intention of setting up a joint venture company that will engage in offshore wind foundation installation activities. The ...
  • Shipmanagement margins hit by global inflationary pressures
    As with any consumer or business, shipmanagers have had to fight soaring inflation issues over the past year. Their problem? The hefty competition keeps a lid on how much they can raise their fees. This has led some to question the very business model of third-party managers. The International Monetary Fund predicts global inflation to ...

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Lloyd's List web site
APRIL 20, 2023
  • Russia to boost grain shipments from illegally occupied port in Sea of Azov
    Barge operations have been reportedly running from the occupied territory, but attempts to full reopen the port to shipping have...
  • Biden extends ban on Russia-affiliated vessels from US ports
    US extends ban on Russia-linked ships from calling in US ports
  • Shipowners' Club sees surplus but takes hit on investments
    Growth in both membership and aggregate entered tonnage, but small drop in number of entered vessels
  • Scenario planning critical to supply chain resilience
    Supply chain disruption cannot always be forecast. But there are steps that can be taken to ensure that when they...
  • Lomar in carbon capture partnership with UK start-up
    Company is working with charterers for a vessel to 'catalyse the development of this novel technology'
  • Rio Tinto ships record iron ore volumes
    The miner is focusing on materials needed for the energy transition and is involved in studies for unlocking the largest...
  • Port Sudan reopens after fighting forces closure
    Conflict likely to mean 'significant setbacks' for shipping companies and importers/exporters, West of England P&I club says
  • Efficiency measures can cut energy demand by 27% in 2050
    Research submitted to the International Maritime Organization shows the availability of alternative fuels for shipping is only expected to be sufficient to...
  • China accounts for over half of global newbuilding orders
    All car carrier newbuilding orders placed in the first quarter of the year have been won by Chinese shipyards
  • Shell's former shipping chief says safety must regain priority status
    The overwhelming drive for decarbonisation is not helping the industry to improve levels of safety, says Grahaeme Henderson
  • Eneti to form offshore wind venture with Transocean
    Deal involves conversion of at least two Transocean vessels into floating offshore wind foundation installation platforms
  • MISC nets $527m sustainability-linked loan to fund VLECs
    Standard Chartered Bank plays a lead role as structuring bank, sustainability coordinator, and hedge coordinator for loan
  • ONE to trial box-mounted wind assistance
    Wingsail technology offers potential for reducing fuel burn. But until now it has been difficult to adapt to boxships
  • Genco's Zafolias steps down as finance chief
    Apostolos Zafolias is departing the US-based dry bulk company to pursue an opportunity outside of the maritime industry
  • Full warehouses and labour issues soften Long Beach's volumes
    Shifting cargo volumes amid the protracted labour negotiations, reduced consumer spending and full warehouses have softened the port of Long...
  • Shipping survey shows need to embrace multi-fuel future to reach decarbonisation
    A survey of key shipping companies was conducted to understand how shipping industry leaders are thinking about future fuels
  • Matson expects drop in profit linked to transpacific demand doldrums
    Hawaii-based company expects a substantial hit to first-quarter net income but sees demand improving in the second half of the...
  • Daily Briefing
    Box freight rate slump shows signs of easing | West coast ports lose over 1m teu of imports per year...

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The Journal of Commerce web site
APRIL 20, 2023
  • Weekend chassis access becomes post-COVID sticking point in US
    Some truckers think it is unfair that shippers incur demurrage on weekends when railroads are open and chassis locations are closed, but it's a complex issue without an easy answer.
  • Should chassis locations be open on weekends in all US cities?
    Some truckers think it's unfair that shippers incur demurrage on weekends when railroads are open while chassis locations are closed, but it's a complex issue without an easy answer.
  • Breakbulk23: Changing trade, political dynamics demand 'new pragmatism'
    An advanced sense of "pragmatism" is needed for shippers and nations to cope with changes wrought by war and climate change, attendees at the Journal of Commerce's Breakbulk & Project Cargo Conference were told.
  • ILWU says has tentative deal with PMA on 'key issues,' but withholds details
    The ILWU statement comes even as Local 13 continued to engage in job action this week that has been slowing cargo handling at the ports of Los Angeles and Long Beach.
  • High slot cost of methanol ships will depend on demand: ABS
    The scale of demand for green methanol and the number of market participants involved in producing the zero-carbon fuel will play a crucial role in setting prices and maintaining price stability, observers say.

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TradeWinds web site
APRIL 20, 2023
  • Singapore's maritime start-ups look to weather tech sector meltdown
    Record results in some shipping sectors are helping narrow the funding gap caused by the slowdown, say industry observers
  • ABS and DNV: Transparency and trust key to development of maritime tech in Asia
    Class societies say technology covering the entire value chain is needed, not just vessel optimisation
  • Thomas Wilhelmsen: Asia has a lot to offer in the way of technology development
    Group chief executive says technology development for shipping requires global collaboration
  • New technologies are working, says Thomas Wilhelmsen
    Norwegian shipping conglomerate CEO shares some of the successes with technology his company has encountered
  • Bigyellowfish founders reveal how Asian tech start-ups can raise funding
    Seafarer well-being platform co-founders say region is an exciting investment space provided you come well prepared
  • EPS Ventures on the hunt for start-ups tackling decarbonisation
    Singapore-based shipowner believes small stakes in early stage start-ups can contribute a lot to greening shipping
  • Groundup.ai finds perfect match in $1.8m seed funding round
    Singaporean tech start-up claims finding the right investor is akin to finding a marriage partner
  • Asian venture capital appetite for tech is growing, but US still leads
    Asian venture capitalists are interested in maritime tech but need the hard sell, backers and start-ups say
  • Microsoft and all-star shipping cast back Hafnia-led tech accelerator
    But partners in Singapore-seated technology venture say they will be providing more than just acceleration
  • Special report: Asia stakes out role as gateway for maritime tech ambitions
    In our latest business focus, TradeWinds reporters Jonathan Boonzaier, Dale Wainwright and Irene Ang report on how Asia is taking a leading role in digital tech, why 'collaboration', 'transparency' and 'trust' are critical to success, and how the region is showing off its potential for talent and sophisticated innovation
  • Bureau Veritas' marine and offshore business boosts revenue off more newbuildings and surveys
    Classification society's first-quarter revenue improves 11.5% to €113m
  • Vale and Rio Tinto boost iron ore output as China property sector recovery powers outlook
    Vale's expectation to meet full-year production guidance should benefit capesize bulkers, analyst says
  • Diana takes out $100m loan to refinance debt maturing by May 2024
    New York-listed shipowner's long-term debt stands at $663m as of late February
  • Jason Liberty earns almost $11m in first year as Royal Caribbean chief executive
    He made $13m in 2021, which was his last year as company's chief financial officer
  • Ofac official sees no widespread evasion of oil price caps
    Senior official individuals behind faked pricing documents are the targets for enforcement
  • Boskalis strikes deal with UN to retrieve oil from stricken tanker
    Salvage team poised to leave Rotterdam to prepare for Red Sea operation
  • Western shipping linked to oil price-cap busting port in Russia's Far East
    US sanctions body will lay out concerns
  • MISC seals $527m debut green loan for fleet of VLECs
    Shipowner taps Standard Chartered and other big names for sustainability-linked financing
  • Flipping frenzy: MR values keep on rising as Bahri leads the way on sales
    Greece's Spring Marine and Turkey's BLT also seal money-making deals
  • Greece's M/Maritime makes first ship sale in fleet renewal move
    John Mytilineos-backed bulker owner disposes of its oldest vessel and sets sights on younger, chartered-in ship
  • Shipowners' Club upbeat after strong underwriting result
    Specialist ship insurance mutual registers an underwriting profit last year
  • Hoegh Autoliners nets deal with Asian automaker to bring vehicles to Europe
    CEO hails 'milestone' agreement
  • And then there were six: AMA Capital Partners beefs up with addition of veteran banker Chris Weyers
    Streetwise takes a look at finance man's departure from Stifel after 11 years and how his new employer may benefit
  • Tankers operating in 'opaque' markets hit 1,000 mark
    Vortexa says vessels solely hauling Russian oil represent half of a fleet that is also operating in Iran and Venezuela
  • 'Costly flaws': Norway's electric ferries are over-engineered; lighter energy-efficient vessels are needed
    Publicly funded electrification of ferries in Norway are costly and inefficient, argue Brim Explorer co-founders Espen Larsen-Hakkebo and Agnes Arnadottir
  • Lomar's tech fund backs Wen and Fredriksson's carbon-capture start-up Seabound
    Greek owner sees first fruits of diversification into technology
  • Start-up Cyan tasks Ulstein with designing wind ships in $1bn push
    Singapore company set to order floating foundation installation vessels
  • Inmarsat satellite outage highlights weaknesses in global distress signal system
    Was ageing infrastructure to blame for the incident, which affected vessels in the Asia-Pacific region?
  • Western shipping linked to oil price-cap busting in Russia's Far East
    US sanctions body set to lay out concerns over Western involvement in shipping oil from Russia's Far East
  • Eneti and Transocean form joint venture to convert drillships for wind work
    Scorpio Group shipowner to work with drilling company as it moves into renewables
  • Philly Shipyard shareholders bump share capital as orders roll in
    US builder has come roaring back in recent years, thanks to government contracts and offshore wind
  • Who will win the race to replace IMO's Kitack Lim?
    Three of the leading candidates to be IMO secretary-general talk to TW+ about their values and vision for the UN's specialised shipping agency
  • Excelerate Energy concludes FSRU buy from Maran Gas Maritime
    Completion of purchase will bump up company's regas vessel fleet to eight fully-owned units
  • Snam FSRU runs into protests over deployment off Tuscan town
    Residents claim no independent study has been carried out for environmentally sensitive waters
  • Turkey's Saros FSRU completes first ship-to-ship gas transfer
    BW Gas vessel delivers Algerian natural gas to new FSRU in the Aegean
  • Tina Revsbech leaves Fednav for family after three years
    It is a case of 'mission accomplished', Fednav's chief executive told TradeWinds
  • Who will win the race to lead IMO?
    Three of the leading candidates to be IMO secretary-general talk to TW+ about their values and vision for the UN's specialised shipping agency
  • Tanker and bulker values have further to climb, says Tufton Oceanic
    Shipowner reveals bigger profit for first quarter and eyes asset-value upside
  • The IMO must win a consensus on carbon or shipping will face chaos
    The failure of the industry's global regulator to agree on global frameworks for carbon cuts could see it lose control of the agenda
  • Italian justice minister accuses judges over flight of Russian 'oil smuggler'
    Artem Uss fled last month to avoid extradition to US over sanctions breach claims
  • Perfect Bulk arrests Amaar Marine bulk carrier in Singapore
    Chinese charterer wants its money for unconsumed bunkers it supplied to vessel with a troubled history
  • Chemical carrier sales leave Greathorse nearer tanker exit door
    Two more vessels reported sold after CMB and Armina Shipping raided fleet last year
  • BW Offshore sells FPSO as it pivots to greener investments
    Oslo-listed group to book a small profit on disposal of the BW Athena
  • War of words intensifies over Ukraine grain shipments
    Russian Foreign Ministry accuses Ukrainian ship inspectors of asking for bribes in a series of tit-for-tat claims
  • Shipowner Kumiai Senpaku doubles down on niche with Chengxi newbuilding
    The Japanese company now has a total of four newbuildings on order at the Chinese yard
  • New York venture capital firm buys stake in Vortexa
    Big-time investors continue to take positions ahead of commodity technology and intelligence sector's consolidation phase
  • Hafnia makes it $116m from 2023 sales as LR1s continue to depart
    BW Group company moves on to shedding 2008-built vessels after selling 2007 ships
  • Matson expects much lower first-quarter profit absent pandemic-driven demand
    Operator expects operating income for ocean transportation sector to be mere fraction compared to a year earlier

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American Shipper web site
APRIL 20, 2023
  • Price cap on Russian crude could soon face its biggest test
    Mainstream tankers have moved into the Russian crude export trade. The price cap might push them back out again.
  • DHL Express to buy 9 Boeing 777 jets converted for cargo
    DHL Express is ordering nine passenger-to-freighter conversion aircraft to modernize its large fleet.
  • Air cargo operators still feel 'hangover from the 2021 party'
    Air cargo professionals hope demand has hit bottom and will start to improve soon, but there could be further downside if some barometers are true.

››› File
FROM THE HOME PAGE
European Commission meeting to define the strategy for the development of EU ports and maritime industry
Brussels
Call for papers by July 28th
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Rome
Messina: State Aid regime needs to be redesigned for European shipyards
In the first four months of 2025, maritime container traffic between Asia and Europe grew by +4.8%
Tokyo
-6.4% drop in shipments to Asian ports. +9.0% increase in unloading volumes in Europe
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Geneva
Recovery driven by importers who brought forward purchases in view of expected tariff increases
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
The transfer of 80% of Louis-Dreyfus Armateurs' capital to InfraVia has been implemented
Suresnes/Paris
The Louis-Dreyfus family retains the remaining 20%
Port of Genoa, green light for extension of concession to Spinelli until September 30
Genoa
Ok also to the extension to the Campostano group
The National Maritime Fund has started the recognition of scholarships
Genoa
They are granted for basic training and security familiarization courses.
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
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 Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
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