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January 26, 2023

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International Transport Journal web site
JANUARY 26, 2023
  • Towards tomorrow's transport
  • US-transport software provider sold
  • First 1,200 HP loco for Congo-Ocean Railways
  • Changes at Uship
  • 2M ends - in predisposed obedience?
  • Groupe SEB deepens partnership
  • Truck business grows by 10%
  • Air China returns to Geneva from today
  • Hapag-LLoyd on the trail of Vasco de Gama
  • Skyports Drone Services launches hiring programme
  • US class I railway to serve two new hubs
  • An overland route from China to Europe
  • Emirates to resume pre-pandemic Aussi ops
  • New tenders for concessions in Bilbao
  • Splitting tasks at L.I.T.
  • Raja Group picks Brigitte Thieck
  • Boeing to host final jumbo handover
  • "Curiosity of the Day"
  • Rhine-Alpine axis to become first e-truck corridor

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The Loadstar web site
JANUARY 25, 2023
  • Freightos set to list on Nasdaq when markets open
  • What next for Maersk, MSC and the other alliances?
  • 'Humongous' container logjams at Pakistan ports as forex crisis bites
  • Bumpy ride for Schiphol as COO quits and plan to cut slots comes under fire
  • Mærsk/MSC break-up - now picture Søren Toft's grin
  • WiseTech Global - back in the M&A groove
  • Orders flood in for car-carriers as vehicle demand outstrips capacity
  • Russian rail companies struggle with volume collapse as sanctions bite
  • Return to embargo tactics by UP 'a major concern' for rail authority
  • Air Canada appoints inflight chief Jon Turner to head cargo
  • News Podcast | January 2023 | Europe: Freight demand tumbles as recession bites
  • 2M Alliance will end in 2025, say Maersk and MSC

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Marine Log web site
JANUARY 25, 2023
  • Two Turkish-owned ships hit in Russian attack on Kherson
    Video posted on social media shows flames racing through the superstructure of a 3,943 dwt, 1980-built general cargo ship, the Tuzla, yesterday, after a Russian attack on the Ukrainian port of Kherson.
  • Susan W. Dio joins Kirby board
    Houston-headquartered Kirby Corporation (NYSE: KEX), the largest tank barge operator in the U.S., has appointed Susan W. Dio to its board, effective January 24, 2023, expanding it to ten directors, nine of
  • MSC and Maersk will end 2M alliance
    In a move that will cause few tears to be shed by those who think the liner shipping industry is far too cosy, anyway, container shipping giants Mediterranean Shipping Company (MSC) and
  • FTA grant puts more NY Waterway ferries on the path to all-electric operation
    U.S. Senators Bob Menendez and Cory Booker (both D-N.J.) said yesterday that a total of $11,298,010 million in federal transportation grants is being made to two New Jersey ferry operations through the

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Container News web site
JANUARY 25, 2023
  • Historic methanol bunkering operation carried out in Sweden
    The methanol-powered Ro-Ro and passenger vessel Stena Germanica became the first non-tanker vessel in the world to be bunkered with methanol ship to ship at the Port of Gothenburg in Sweden on 24 January. Until now, Stena Germanica has been bunkering methanol solely from trucks. "The key to success is working together over the full value chain to find a pragmatic and safe approach for implementin
  • Hapag-Lloyd buys share in India's terminal and inland transportation service provider
    Hapag-Lloyd signed a binding agreement today (25 January) to acquire a 35% stake in J M Baxi Ports & Logistics Limited (JMBPL) from a Bain Capital Private Equity affiliate. Furthermore, the German shipping company inked a binding agreement with JMBPL and its promoters, the Kotak family, to subscribe to a capital increase by the company and raise Hapag-Lloyd's shareholding to 40%. The contracting
  • CMA CGM introduces new rail service in Indonesia
    French carrier CMA CGM has announced a new rail service solution for export cargo from Semarang and Surabaya in Indonesia to worldwide destinations via the Jakarta gateway with an intermodal transit time of one day. The company noted that the new offering, which is expected to commence in February, will provide coverage of Jababeka and Cikarang dry port in less than one day for cargo exports and
  • Investigation for Beirut explosion resumes, top security officials charged
    Judge Tarek Bitar reopened suddenly the investigation of the 2020 Beirut explosion and charged top security officials, according to Reuters, with the charges remaining unspecified yet. On 4 August at the port of Beirut in Lebanon, an explosion killed 200 people and injured thousands. The decision was made on Monday 23 January, more than a year after the investigation was frozen due to political o
  • Boxship demolitions hit 17-year low in 2022 due to record rates
    Just six container ships were sold for recycling in 2022, as historically high freight rates saw demolitions sink to a 17-year low. Alphaliner's latest report released today (25 January) stated that the six scrapped vessels totalled just 10,600 TEUs. Boxship demolitions in 2022 were lower than the 16,500 TEUs scrapped in 2021, and a drastic decline from the nearly 200,000 TEUs recycled in 2020. R
  • Microsoft and Overhaul partner on supply chain visibility projects
    Overhaul, a software-based company launched in 2016 and headquartered in Austin, Texas, is a supply chain visibility provider and one of Microsoft's new partners on its tools, Microsoft Supply Chain Center and Microsoft Supply Chain Platform, aiming to improve visibility, predictability, and resilience for global, multimodal supply chains. According to Forrester, a worldwide market research organ
  • Deployed capacity drops sharply in CNY 2023
    Five weeks ago, Sea-Intelligence analysed the scheduled East/West capacity for the four-week 2023 Chinese New Year (CNY) period. The results have shown that the 2023 CNY capacity is going to be higher than in past years, despite the slowdown in demand. Sea-Intelligence's analysts noted that carriers will be able to bring capacity back in line with the historical levels. Source: Sea-Intelligence.c
  • Maersk and MSC to terminate 2M alliance in 2025
    2M alliance will no longer exist after two years as its members, MSC and Maersk, have mutually agreed to terminate its partnership in January 2025. In a joint statement, the chief executive officers of Maersk and MSC, Vincent Clerc and Soren Toft, commented, "MSC and Maersk recognise that much has changed since the two companies signed the 10-year agreement in 2015. Discontinuing the 2M alliance
  • General cargo ship sinks off Japan's coast, nine crew missing
    Thirteen crew members were rescued on 25 January from the general cargo ship Jin Tian, which sank in the East China sea, while the other nine seafarers remain missing at the time of writing. The cargo ship with a carrying capacity of 9,784 tonnes DWT sank some 75 nautical miles south of Jeju island, South Korea, on the morning of 25 January around 02:25 (Seoul time), while it was sailing from Van
  • Boxship overturns and sinks in Iranian port
    The 1989-built container ship Anil capsized and sank in Asaloyeh port in Iran on 24 January during cargo operations and as a result, several containers fell at sea and were afloat in the harbor. The official IRNA news agency reported the vessel overturned because boxes were configured incorrectly at the port's dock No. 9. According to Maritime Bulletin, the twelve crew members of the boxship are

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Splash web site
JANUARY 25, 2023
  • Hapag-Lloyd takes stake in India's J M Baxi Ports & Logistics
    Germany's Hapag-Lloyd continues to expand its terminal portfolio with an ownership stake in one of India's leading private terminal and inland transport service providers, J M Baxi Ports & Logistics. The Hamburg-based liner is buying 35% of the business from a Bain Capital Private Equity affiliate and has also struck a deal with J M ...
  • Steimler stepping down at NYK Group Europe
    Svein Steimler, president and CEO of NYK Group Europe, is retiring after 27 years with Japan's Nippon Yusen Kaisha (NYK). Before joining NYK in 1996, the Norwegian shipping veteran had worked for a number of shipbroking and shipowning companies, including for fellow shipowner magnate John Fredriksen. Former Stena Rederi CEO Carl-Johan Hagman, who also served ...
  • Diana Shipping offloads ageing capesize for $15m
    New York-listed Greek bulker owner Diana Shipping has sold its 2005-built capesize for $15.08m to an unaffiliated third party. The Marshall Islands-flagged 180,200 dwt bulker, VesselsValue estimates as worth $15.77m, will change hands by February 28, 2023. The ship has been on charter with Koch Supply and Trading's Singapore-based chartering arm Koch Shipping since February ...
  • AD Ports links up with leading Turkish steel producer
    Abu Dhabi's AD Ports Group has signed a memorandum of understanding with Tosyali, one of Turkey's largest private steel producers, to collaborate on a broad range of shipping, logistics, ports, and freight forwarding services. The deal includes the potential for joint investment in new port facilities to support Tosyali's export operations. AD Ports said the ...
  • Socatra lines up MR2 tanker for rotor sail treatment
    French shipowner Socatra has contracted Finnish marine wind propulsion system designer Norsepower for the retrofit installation of two rotor sails on the 2022-built MR2 tanker . The 50,000 dwt ship, currently on charter with TotalEnergies, will be fitted with two 35'5 m units in Q4 2023 or Q1 2024. Norsepower said the installation should allow ...
  • Atlantica Shipping bolsters offshore fleet
    Oslo-based diversified shipowner Atlantica Shipping has expanded its offshore fleet with an addition of a 2005-built platform supply vessel . The 3,300 dwt medium-sized PSV, formerly known as Energy Scout was picked up from Golden Energy Offshore Services (GEOS) for $6.45m and delivered in Aberdeen earlier this month. Fearnley Securities acted as the sole arranger ...
  • TechnipFMC scores Petrobras subsea deal worth up to $500m
    Subsea giant TechnipFMC has won a master services agreement worth up to $500m with Petrobras in Brazil. The three-year contract with option to extend for a further two years will see the New York-listed company provide life-of-field services to support its installed base offshore Brazil. The contract covers installation, intervention, and maintenance of both equipment ...
  • DOF wins long-term AHTS contract in Brazil
    Norwegian offshore vessel owner and operator DOF has won a long-term charter contract from Brazil's Petrobras for one of its anchor handling tug supply vessels. The 2010-built , owned by DOF's Norskan Offshore unit, has been fixed for four years with Petrobras holding an additional one-year option. The contract should start in the third quarter ...
  • Liner alliances up in the air as MSC and Maersk give separation notice
    Liner shipping is ready for an immense scrap as it braces for a downturn with the fabric of its alliance structure now under severe strain. Maersk and Mediterranean Shipping Co (MSC), the world's two largest containerlines, have confirmed widespread rumours, announcing today they have mutually agreed to terminate, effective January 2025, the 2M alliance, one ...
  • Integrated Wind Solutions adds to CSOV orderbook
    Awilco affiliate Integrated Wind Solutions (IWS) has booked two more two walk-to-work commissioning service operations vessels (CSOV) at China Merchants Industry Holdings for delivery in Q2 2025. The latest order, worth €105m ($114.2m), will take the IWS fleet to six identical Skywalker class vessels, with options secured for an additional two CSOVs. Meanwhile, changes to ...
  • Top of the cycle round the corner for car carriers
    After a record 2022, earnings for car carriers are close to topping out ahead of an "armada" of newbuilds due to come on stream from next year, according to new analysis from VesselsValue. By the end of 2022, VesselValue's one-year time charter index for 6,500 ceu ships had climbed by 200% to a record $103,000 ...
  • More work for Eneti's Seajacks vessels
    Monaco-based owner and operator of offshore wind vessels Eneti announced that its subsidiary Seajacks has landed new contracts and extensions for its self-propelled jackup vessels. Two new contracts worth between $5.7m and $7.1m have been secured for one of the NG2500-class vessels. The work is in Northwest Europe and will keep the unit busy for ...
  • Livestock carriers to be auctioned in Singapore
    Upon the application of unsecured creditor KPI OceanConnect, the Singapore High Court has appointed Deloitte as liquidator of Cattle Line Two, the company which owns two long idle livestock carriers, the Barkly Pearl and Diamantina. The ships will now be put up for auction. Talks are ongoing with secured creditor UOB, a local bank, over the ...
  • Splash Extra: Tokyo switches off the JOLCO tap
    Japanese Operating Lease with Call Option financing structures, known as JOLCOs, will soon become unavailable to foreigners seeking newbuild finance in a set of tax reforms to be unveiled by the government in Tokyo, according to today's lead story in the January edition of Splash Extra. The loss of JOLCO finance comes at a time ...
  • PGS picks up its first offshore wind contract
    Oslo-listed seismic player PGS has won its first wind farm site characterization project, marking its entry into the offshore wind market. The survey will cover two European wind farm sites, both of which are in the development phase. PGS said it would mobilise a 3D vessel for the project in early April 2023, with the ...
  • Gothenburg celebrates landmark methanol fuelling moment
    The rapid rollout of landmark methanol fuelling moments continues with news from Sweden where the world's first methanol ferry, the , has become the first non-tanker to successfully complete ship-to-ship methanol bunkering. The operation took place earlier this week at the port of Gothenburg with fuel provided by Methanex Corporation. "As the world's largest producer ...
  • Chinese ship grounds on the edge of Japan's largest coral reef
    A Panamanian-flagged general cargo ship grounded early yesterday morning in stormy waters on the edge of Japan's largest coral reef to the far south of the country. The Chinese-owned, 13,567 dwt lost power between Ishigaki and Kohama Island in Okinawa Prefecture on Tuesday morning. The Japanese coast guard were able to airlift the 19 crew ...
  • Former Lebanese PM faces homicide charge over Beirut port blast
    Former Lebanese prime minister Hassan Diab has been charged with homicide with probable intent over the devastating Beirut port explosions in 2020 that killed at least 218 people. Tarek Bitar, a Lebanese judge investigating the explosions, has also charged Abbas Ibrahim, chief of Lebanese General Security, state security director Major General Tony Saliba, and former ...
  • Up to 9 feared dead as ship sinks off South Korea
    Up to nine crew are feared dead after the Hong Kong-flagged 6,551 dwt general cargo ship sank in icy, windy waters between South Korea and Japan early this morning. South Korean and Japanese coast guard vessels and aircraft as well as two commercial ships have been combing the area south of Jeju Island today, managing ...
  • JOLCOs face changes
    Another important tranche of Asian ship financing is coming under pressure. The Japanese government has announced plans to tinker with the country's Japanese Operating Lease with Call Option financing structures, known as JOLCOs, a market which had been fast expanding, fixing more than $4bn in deals last year. In recent years, the number of cross-border ...
  • Be patient when it comes to maritime tech
    We cast our net wider than ever for Splash's annual maritime tech preview this month - hence the decision to split it into two: breakthroughs and disappointments. Condensing the thoughts and opinions of more than 100 respondents was not an easy task, but if I was to strip out the key takeaways from the experts ...
  • January 2023 Review
    More extraordinary twists and turns were registered in the Euronav takeover saga. As it stands today, Euronav's largest shareholder, the Saverys family, wants to fire the full board, and the board itself is suing the second largest shareholder, John Fredriksen, after he pulled the plug on the tanker merger plans with Frontline earlier this month. ...
  • Tankers: Janus has two faces
    Oil prices have ticked up slightly in January with Brent moving from around $85 to $87 in the first three weeks of January and WTI rising from around $76 to $81 over the same period. As Asia celebrates Lunar New Year, oil futures are ticking upwards as traders bet on Chinese demand picking up as ...
  • Crouching capesize, hidden rabbit
    If any shipping market is going to be affected by Lunar New Year, the bulk carrier freight market is it. Brokers reported markets to be "eerily quiet" with minimal fixing activity in the days leading up to the holidays. There is nonetheless hope that a recovery in Chinese economic activity - particularly urbanisation - will ...
  • Back to the future for containers
    Has the container shipping freight market bottomed out finally? One way to think about it is to look at consumer spending habits. These are holding up remarkably well in the US where the labour market is firm and Main Street is doing rather better than Wall Street where bank layoffs are biting hard. In Europe ...
  • Analyst Abstract
    Tankers The beginning of 2023 has seen the wet market wobble as the BCTI has lost around 66% within the 20 first days of January and the BDTI has also fallen about 25% in the same period. "Lots of voices of concern are rising about the wet market, and the tanker S&P market, but panic ...
  • Ice is nice
    Ice-class tankers led the way this month with stunning prices paid for any available tonnage, regardless of age. Thenamaris's 2007-built Seamagic aframax reportedly conjured a magical $47m out of the hat. In a comparable deal to show how much the price has gone up for ice-class tonnage, in late November Thenamaris sold another ship with ...
  • Avangrid appeals approval of power purchase agreements for Commonwealth Wind project
    On December 30th, the Massachusetts Department of Public Utilities (DPU) denied Avangrid's request to renegotiate the power purchase agreements (PPAs) it had agreed to in May 2022. Avangrid had claimed that, without concessions from the electric distribution companies (EDCs), the project was economically unviable. The company has now filed a notice of appeal to challenge the ...
  • New report lays out road map for comprehensive US offshore wind supply chain
    The Business Network for Offshore Wind, the National Offshore Wind Research & Development Consortium (NOWRDC), the National Renewable Energy Laboratory (NREL) and several other organisations have released a report, A Supply Chain Road Map for Offshore Wind Energy in the United States, that identifies how the US can develop the domestic supply chain required to achieve ...

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Lloyd's List web site
JANUARY 25, 2023
  • GMT Hull portfolios well behind decarbonisation trajectories
    Scores for insurers worse than scores for banks, say sources, but highlight differences in methodology that they say make direct...
  • Will box shipping's big break-up bring heartbreak to the sector?
    The latest iteration of alliance partnerships emerged during a period of strain. The demise of its largest power couple could...
  • GasLog launches merger bid for GasLog Partners
    Merger would create a combined fleet of 38 LNG carriers
  • Hapag-Lloyd acquires stake in Indian terminal and logistics firm
    Hapag-Lloyd continuing to deliver on its strategy to expand its terminal footprint with the acquisition of a substantial stake in...
  • Asian crew changes get tougher as China ends zero-Covid policy
    Ending of China's zero-Covid policy creates logistical nightmare, according to Intermanager
  • US investment manager moves into LNG bunkering
    Seaside LNG has a 50% ownership stake in a liquefied natural gas liquefaction facility in Jacksonville, Florida, and a 100%...
  • Boxship charter periods shorten as rates face pressure for larger tonnage
    Charter periods have averaged six to seven months since the fourth quarter of 2022, compared to 26 months in the...
  • Steimler to step down from NYK
    Svein Steimler was a trailblazer in opening up Japanese shipping to European management. He will be replaced by former Stena...
  • Cargoships damaged during attacks on port of Kherson
    Two general cargoships were hit in Kherson during an attack
  • Forwarders urged to understand and address emissions
    Forwarders are under pressure to show efforts made to lower their carbon emissions. BIFA hopes to make this easier for...
  • Oaktree reduces stake in tanker owner Hafnia
    Shareholding reduced to 4.97% after successful private placement of 25.2m shares
  • Two dead after cargoship sinks off Japan, nine people missing
    A distress signal from the 2010-built vessel, which was carrying timber, was received late on January 23
  • NorthStandard will overtake Gard, says Roppestad
    Norwegian marine mutual giant does not attach importance to top slot, and impending merger of two British entities should spur...
  • 2M alliance to end as Maersk and MSC part ways
    2M emerged at a time of crisis for container shipping. Its two members are now large enough to go it...
  • Guangzhou shipyard gets PCTC orders from BYD and H-Line
    The four newbuildings will be equipped with LNG dual-fuel propulsion systems
  • Daily Briefing
    IMO number declared invalid after fatal explosions on UK-insured tanker linked to vessel identity fraud | Vehicle carrier orderbook hits...
  • Kirby appoints former BP Shipping chief to board
    Appointment reflects company's commitment to 'ongoing board refreshment and focus on adding diverse perspectives and experience', says chairman

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The Journal of Commerce web site
JANUARY 25, 2023
  • Freightos goes public on NASDAQ in first measure of logistics tech value
    Freightos' public listing on the NASDAQ will be the first test of how public investors value one of the more prominent logistics technology companies to emerge over the past decade.
  • MSC, Maersk to end 2M Alliance amid divergent strategies on ocean capacity
    The move raises questions whether the carriers will seek new alliance partners, potentially setting off another round of musical chairs involving the other two networks, THE Alliance and the Ocean Alliance.
  • US spot flatbed capacity rising as housing starts, manufacturing decline
    Demand for flatbed trucks on DAT Freight & Analytics' spot load boards is at a seven-year low for January, creating excess capacity that is keeping pressure on rates.
  • Hapag-Lloyd buys large stake in Indian ports operator J M Baxi
    Hapag-Lloyd's focus on port-to-port shipping includes pursuing ownership stakes in marine terminal operations, with the acquisition of a 40 percent share of Indian ports operator J M Baxi the latest example.
  • WiseTech makes US drayage play with acquisition of Envase
    WiseTech Global, owner of the most widely used forwarding software product, has acquired a prominent vendor of drayage management software, capping a year of takeovers for the company.
  • Maersk, MSC to end 2M Alliance in 2025, citing 'individual strategies'
    The move raises questions whether the carriers will seek new alliance partners, potentially setting off another round of musical chairs involving the other two networks, THE Alliance and the Ocean Alliance.

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TradeWinds web site
JANUARY 25, 2023
  • Shippers allege smoking on board caused fire and cargo damage on bulker
    Three US companies have filed several lawsuits against Chinese firms an a US port operator over damaged goods
  • Diana Shipping sells oldest capesize bulker for $15m
    New York-listed owner now has nine capesizes that were built between 2007 and 2022
  • Norsepower secures second tanker rotor sail deal
    Finnish wind propulsion pioneer has retrofitted six vessels over the past decade
  • FuelEU 2% green fuels sub-quota for shipping too low say lobbyists
    Brussels-based Transport & Environment (T&E) agues for exemption on smallest shipowners to be dropped
  • Svein Steimler to retire after 27 years at NYK, remain active with Knutsen and port ventures
    Former Stena Rederi chief executive Carl-Johan Hagman will take over his role leading NYK Group Europe
  • Best time to buy ships is 'when nobody would lend you money', Tsakos says
    Greek owner argues that it also helps to have no competition around when expanding a fleet
  • Idan Ofer vehicle Kenon Holdings trims position in liner giant Zim
    Outfit has pulled back since March but remains largest holder in New York-listed operator
  • MSC snaps up what was once world's biggest boxship from Maersk
    Iconic 9,600-teu Sovereign Maersk changes hands for undisclosed price
  • Livanos launches $398m bid to complete private buy-backs of GasLog LNG firms
    Regulator filing says the offer is for $7.70 per share, including a $2.33 per share dividend
  • Greek and German shipowners in talks as maritime agenda heats up
    Heads of powerful associations 'see eye to eye' on major issues
  • Svein Steimler to retire after 27 years at NYK, remain active with Knutzen and port ventures
    Former Stena Rederi chief executive Carl-Johan Hagman will take over his role leading NYK Group Europe
  • Container ship scrapping hit 17-year low in 2022 but owners now have no choice
    Alphaliner believes there is no other option than recycling for many ships in weaker markets
  • Older car carriers more than double in value as Hoegh and Ofer cash in
    VesselsValue details remarkable rise in secondhand prices as market booms
  • Worn extension cable caused huge fire on NSC bulker in Sweden
    Accident probe recommends action is taken to resolve 'ambiguities' around bringing distressed vessels into port
  • Euronav silent as S&P interest swirls around world's second-biggest tanker
    Industry sources report talk around potential sale of ULCC Oceania, three months after disposal of sister ship Europe
  • Polembros offloads its oldest crude carrier at a juicy price
    Another day, another profitable tanker sale by a Greek owner
  • Awilco-backed IWS orders more CSOVs and plots $35m share sale
    Offshore wind vessel owner adds to orderbook as it seeks extra funds to finance fleet
  • MSC and Maersk to disband huge 2M liner alliance in 2025
    Biggest container carriers to go their own way after roller coaster ride for box freight markets and as strategies diverge
  • Breakpoint: MSC and Maersk to disband huge 2M liner alliance in 2025
    Biggest container carriers to go their own way after roller-coaster ride for box freight markets as strategies diverge
  • Koch extends deal for 2020 Bulkers newcastlemax for up to 18 months
    Tor Olav Troim-backed owner reveals third new charter deal this month
  • Boxes float free as container ship capsizes and sinks in Iran
    Mysterious vessel named as the Anil is also listed as an LPG carrier in some shipping databases
  • US doubles down on sanctions warnings over record Iran oil exports
    State Department cites crackdown on Chinese companies in 2022 in new warning for traders
  • Eight seafarers missing and nine unconscious after cargo ship sinks off Japan
    Coast guards rescue 13 crew members from the Jin Tian, but fears remain over their condition
  • Atlantica Shipping starts 2023 with another PSV acquisition
    Oslo owner builds up offshore fleet following MR and feeder container ship disposals
  • Turkish cargo ship hit by missile in Ukraine
    The incident is reported in Kherson, a port outside the scope of the UN-led Black Sea Grain Initiative
  • Private equity player Oaktree offloads chunk of tanker giant Hafnia in a private sale
    US fund cashes in again as higher product tanker rates drive share price up
  • Bangladesh's HR Lines ditches newbuildings for secondhand container ships
    Regional liner company buys feeder ships from Maersk and SITC International
  • BYD and H-Line Shipping order PCTCs at China's Guangzhou Shipyard International
    State-owned Chinese shipyard has a total of 19 PCTC newbuildings on its orderbook
  • Handysize bulk carrier order rush helps fill hungry Japanese yards
    Devaluation of the yen against the greenback appears to have encouraged owners to order
  • BYD and H-Line Shipping order PCTCs at China's Guangzhou Shipyard International
    The state-owned Chinese shipyard has a total of 19 PCTC newbuildings on its orderbook
  • Safety blitz helps Singapore shipyards slash worker deaths
    Government advises companies not to skip on investments in safety or staff wellbeing
  • Kirby adds former BP Shipping head Dio to board of directors
    Houston company adds longtime shipping executive to its 10-member board
  • Eneti scores up to $13m in new contract revenue on three wind units
    Contracts for work in northwest Europe come on heels of December announcement on first WTIV newbuilding

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American Shipper web site
JANUARY 25, 2023
  • Swimming against SPAC tide, Freightos goes public on Nasdaq
    FreightTech startup Freightos is raising money through a public offering rather than seeking venture capital.
  • How will Maersk-MSC split redraw container shipping landscape?
    Speculation is swirling on how the end of a global container shipping alliance will affect ocean carriers and cargo shippers.
  • Hapag-Lloyd acquires stake in Indian terminals, logistics provider
    "Terminal and infrastructure investments are a crucial element of our strategic agenda and India is one of our key growth markets," Hapag-Lloyd CEO Rolf Habben Jansen said.
  • Lessons from the 1994 Puerto Rico oil spill
    1994: Those involved in response to the 600,000-gallon spill reflect on their efforts.
  • Air Canada names in-flight chief Turner to lead cargo
    Air Canada is sticking with a Canadian, Jon Turner, as cargo chief after two Americans in that position left in recent years.
  • Container shipping shake-up: Maersk, MSC terminating 2M in 2025
    Shipping services around the globe will be reconfigured after the top two carriers end their vessel-sharing agreement.

››› File
FROM THE HOME PAGE
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
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