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28 April 2025 - Year XXIX
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
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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