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Independent journal on economy and transport policy
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October 26, 2023

free news
Exim India web site
OCTOBER 26, 2023
  • FFFAI and Escola Europea ink agreement to promote training & digitised Port Community in India
  • Sevenseas commences state-of-the-art warehouse in Mumbai
  • MSC publishes voluntary public takeover offer for Hamburger Hafen und Logistik Aktiengesellschaft; acceptance period starts
  • Market share of Port of Antwerp-Bruges in container segment comparatively growing
  • Paul Gooch elected President of International Tank Container Organisation
  • Mumbai leads pan-India industrial & logistics leasing with 22% Y-oY growth
  • India to overtake Japan, become 3rd largest economy by 2030: S&P
  • India likely to adopt OECD pillar tax regime from FY26
  • Indian exporters face CBAM irritant
  • Increase in port tariff at Turkey's Ceyhan Oil Terminal
  • MOL inks long-term charter deal for newbuilding LNG carrier
  • India's economic activity showing muted expansion
  • DP World Cochin embarks on next phase of capacity expansion; brings in 4 new e-RTGs

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International Transport Journal web site
OCTOBER 26, 2023
  • Maritime automobiles
  • Next president for Logistikcluster Basel nominated
  • Operail: private fleet for external transports
  • HGK: a takeover to add tank containers
  • A smart acquisition
  • American Airlines Cargo expands winter schedule
  • GCL welcomes new head of HR
  • UK intermodal operator augments its green fleet
  • More returns on sea than air freight
  • Upcoming changes in THE Alliance Networks
  • Pall-Ex appoints corporate sales director
  • R.J. Corman now operates inland port in Virginia
  • Strategic base for electric-hybrid aircraft
  • Future automobile hub in Rhineland-Palatinate
  • Crane simulator to boost port safety
  • Second A321 for Nexus
  • Tracking deliveries with AI
  • "Curiosity of the Day"

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The Loadstar web site
OCTOBER 25, 2023
  • MSC and Maersk 'decouple' their fleets, ready to go their separate ways
  • HMM: no sale if the right buyer can't be found, says KDB chief
  • Discipline + NEOM: Kuehne comfortably wins over DSV
  • Market volatility sees forwarders shy away from long-term deals
  • South Africa's critical Transnet reform - private investors, please call!
  • Adani aircraft lessor subsidiary on the runway - with an eye on air freight?
  • Kuehne + Nagel profits halve in Q3 - but 'we gained market share'
  • €1bn cash injection to boost Czech rail network and promote modal shift
  • Smarter approach needed to reap the benefits of a digital air cargo industry
  • Do androids dream of electronic bills of lading?
  • Bernard Wehbe returns to FM Logistic as operations performance director

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Marine Log web site
OCTOBER 25, 2023
  • Seaway strike: Negotiations set to resume
    The St. Lawrence Seaway remains closed to traffic by strike action today. It seems likely to remain closed until some time after Friday, when negotiations are expected to resume. Since the strike
  • NTSB: Time for action on passenger boat fire detection and extinguishing systems
    The National Transportation Safety Board has now released its report on the engine room fire that broke out on the passenger vessel Spirit of Norfolk on June 7, 2022. It is again
  • SEACOR announces sale of SCF to Ingram Barge Company
    SEACOR Holdings Inc. announced yesterday that it has signed a definitive agreement to sell Inland River Transport Holdings LLC ("SCF") to Ingram Barge Company LLC, a division of Nashville-based Ingram Marine Group.

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Container News web site
OCTOBER 25, 2023
  • Kongsberg Maritime and BMA Technology join forces to improve electrical systems in Turkish shipyards
    Kongsberg Maritime, a supplier of technology, equipment and services for sustainable maritime operations and BMA Technology formed a strategic partnership to help Turkish shipyards with the supply of low-voltage electrical goods and engineering services. BMA Technology is a technology business situated in the Gebze Organized Industrial Zone, east of Istanbul, that provides electrical system solut
  • Stymied lines face several years of pain, says Drewry
    "Snookered" shipping lines face up to four years of losses as weak demand, ordering and a lack of demolitions have led to overcapacity, low rates and will ultimately see returns crash. New capacity will hit the water at a rate of around 2 million TEU a year with substantial numbers of ships confirmed on order for delivery between 2024-2026 with Drewry Shipping Consultants' Simon Heaney warning th
  • Typical Q4 spike in box volumes yet to be seen in Oakland
    The port of Oakland's September container volume remained relatively steady compared with August box throughput reaching 134,186 TEUs, marking a slight 1.2% increase over the same month in 2022. September's full exports jumped 9.1% year-on-year to 59,757 TEUs, but full imports inched down 4.3% to 74,428 TEUs. For the same month, Oakland's empty imports dropped by 22.8% year-on-year to 11,208 TEUs
  • ONE changes Philippines Express 2 service port rotation
    Singaporean container line Ocean Network Express (ONE) decided to adjust the port rotation of the Philippines Express 2 (PHX2) service. The new weekly port rotation will be Singapore - Cebu (Philippines) - Cagayan de Oro (Philippines) - Singapore. ONE noted the updated rotation will start with the 628 TEU boxship Pira Bhum from the port of Singapore on 13 November. "With this change, we provide a
  • TSA renews cybersecurity requirements for passenger and freight railroad carriers
    In an ongoing effort to improve the cybersecurity of surface transportation systems and associated infrastructure, the Transportation Security Administration (TSA), a US government agency, announced changes to three security directives (SD) regulating passenger and freight railroad carriers. These modified directives, which were set to expire on 24 October, have been extended for a year and conta
  • Los Angeles and Guangzhou ports team up to establish Transpacific Green Shipping Corridor
    Officials from the Port of Los Angeles and the Port of Guangzhou signed a Memorandum of Understanding (MoU) on 24 October to strengthen their ties. The collaboration between the two ports includes the construction of a Trans-Pacific Green Shipping Corridor connecting the two ports, as well as other sustainability measures to minimise port-related emissions and greenhouse gases. Furthermore, the M
  • Ocean Alliance's dominant era comes after 2M breakup
    The Ocean Alliance comprising CMA CGM, COSCO Shipping Lines and Evergreen Marine Corporation is set to become the largest box shipping alliance once the 2M partnership ends in 2025. 2M's extinction will leave Ocean and THE alliances as the only container shipping tie-ups on long-haul routes, but they will not be of equal scale. Operating 303 container ships of 4.22 million TEU, the Ocean Alliance
  • PD Ports invests nearly half a million dollars in crane training simulator
    PD Ports' Tees Dock now has a unique immersive crane simulator that can simulate high-risk events without endangering drivers or other port workers. The GB£400,000 (US$485,000) investment in the Full Mission Crane Simulator by GlobalSim - the only machine of its kind in the north of England - demonstrates PD Ports' commitment to safety and to assisting colleagues in their learning and skills deve
  • South Pacific International Container Terminal receives new Mitsui hybrid RTGs
    South Pacific International Container Terminal (SPICT) acquired two new Mitsui hybrid rubber tired gantries (RTGs) as part of its efforts to enhance operation capabilities. Powered by a combination of a smaller diesel engine and lithium-ion battery, the Mitsui hybrids will contribute to more efficient landside operation resulting in faster turnaround time for outside trucks. Additionally, the hyb
  • One dead, four missing after cargo ships collide in North Sea
    The British-flagged general cargo ship Verity collided with the Bahamas-flagged bulk carrier Polesie at roughly 03:00 UTC on 24 October in German Bight, about 16 nautical miles north of Langeoog island in the East Frisian Islands. After the two cargo ships collided off the coast of Germany, a dead body was found and two people were saved, as the British vessel sank. Four out of seven crew members
  • Röhlig Logistics strengthens its presence in Spain with new Madrid office
    German logistics firm Röhlig Logistics has expanded its footprint in Spain by opening an office in Madrid on 10 October. The company has now presence in three Spanish cities, Barcelona, Bilbao, and Madrid. Albert Mora, general manager at Röhlig Spain, stated, "With Madrid-Barajas airport, Spain's largest air cargo hub, and a dry port linking the city to Spain's main seaports, Madrid boasts excell
  • KEZAD Group signs expansion deal with Gulf Printing & Packaging Co.
    Khalifa Economic Zones Abu Dhabi - KEZAD Group has signed a land lease agreement with its client Gulf Printing & Packaging Co. for a new expansion of its facilities in KEZAD Al Ma'mourah. Gulf Printing & Packaging is a printing and packaging specialist company founded in Abu Dhabi in January 2018. This expansion of more than 45,000 m², brings GPP's total footprint in KEZAD to more than 67,000 m².
  • Liberian Registry opens office in Miami
    The Liberian Registry, administered by the Liberian International Ship & Corporate Registry (LISCR, LLC), a private US-owned and globally operated company, announced the inauguration of a new office in Miami, Florida. This office will be the major centre for Registration, Mortgage, and Deletion (RM&D) services. The clients will additionally benefit from technical and commercial services provided

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Splash web site
OCTOBER 25, 2023
  • Louis Dreyfus Armateurs to order wind-assisted roros for Airbus charter
    French family-owned shipowner Louis Dreyfus Armateurs (LDA) has been tapped by Airbus, the world's biggest planemaker to renew its fleet of chartered roro vessels. LDA is to build, own and operate three modern, low-emission sips, supported by wind-assisted propulsion. "This new project, setting high targets, reflects our ambition regarding the decarbonisation of the shipping industry," ...
  • Yara and Navigator pump cash into Norwegian ammonia bunkering startup Azane
    Yara Growth Ventures, part of Norwegian fertilizer maker Yara, and New York-listed handysize gas carrier owner and operator Navigator Holding are backing Norwegian startup Azane Fuel Solutions which aims to establish a green ammonia fuel bunker network. The duo led a $5.7m investment round, acquiring a 14.5% stake in a joint venture between ECONNECT Energy ...
  • Celsius boosts LNG carrier orderbook at China Merchants
    Celsius Tankers, a unit of Danish owner Celsius Shipping, has added to its LNG carrier orderbook in China. The Jeppe Jensen-led owner has taken option on two more 180,000 cu m ships at China Merchants Heavy Industry Jiangsu (CMHI), firming up six units at the yard. A deal, earlier reported by Splash, which marked the ...
  • Dataloy and Nautilus Labs in maritime decision-making partnership
    Maritime voyage management system firm Dataloy and US maritime artificial intelligence firm Nautilus Labs have teamed up to design a unified maritime decision-making platform. The integration will leverage Dataloy's robust API infrastructure, allowing Nautilus Labs to ingest vital maritime data - from noon reports and commercial specifics to pertinent environmental metrics. Using this source of ...
  • Just-in-time port calls could slash boxship emissions by at least 5%
    Global adoption of just-in-time (JIT) port arrivals in the container shipping sector has the potential to diminish emissions by 5%. This reduction translates to roughly 17m tonnes of CO2 emissions annually, according to a recently published white paper. The 'Untapped Potential of Just-In-Time Port Arrivals' white paper is based on findings of field trials conducted ...
  • Russians drop explosive devices along Ukrainian grain corridor
    The Russian Air Force has reportedly dropped at least four explosive devices into the transport routes of the unilateral Ukrainian grain corridor. "For several days, there were no flights of Russian aircraft in the area of sea transport routes. However, on October 25, they intensified their activity and dropped four explosive devices. Presumably, this is ...
  • MSC selects Hamburg series for supersize treatment
    Many of the world's largest liners have embarked on supersizing their ships in order to to reduce emissions per container carried. The latest carrier to engage a yard to add slots to existing ships is Mediterranean Shipping Co (MSC). The is the first of what is expected to be six sisterships going in for expansion ...
  • Growing dominance of the Ocean Alliance risks running the wrath of regulators
    The Ocean Alliance risks running the wrath of regulators given how large it is set to become in the coming years, new analysis from box watchers at Alphaliner suggests. The Ocean Alliance, whose members are Evergreen, CMA CGM, COSCO and its subsidiary Orient Overseas Container Line (OOCL), have an agreement in place to work together ...
  • Inconsistencies of the upcoming EU emissions trading system laid bare
    With just over two months to go until its implementation, the European Union's emissions trading system (EU ETS) is proving to be as contentious as the 2020 scrubber debate. The lead story in this month's Splash Extra identifies the inconsistencies with the new regulation with suggestions for urgent patches to make the ruling more functional. ...
  • Korean shipyard seeks bank protection
    Shipbuilding might be enjoying record-long orderbooks and elevated prices, but margins remain wafer-thin for many as evidenced in South Korea where one of the nation's oldest shipyards has applied for a debt workout with its main creditor. Busan-based Daesun Shipbuilding & Marine Engineering, whose history dates back to 1945, has sought debt protection from the ...
  • Grindrod offloads four bulkers
    Singapore-based bulker owner Grindrod Shipping has continued its ship sale campaign, confirming the exit of two ultramaxes and deals for a pair of handysize units. The Ed Buttery-led company has confirmed Splash reports of an en-bloc deal for Japanese-built ultramaxes, IVS Hayakita, built in 2016, and IVS Bosch Hoek, built in 2015. The duo was ...
  • Crowley to launch LNG bunkering at Pacific end of the Panama Canal
    American maritime conglomerate Crowley is proceeding with plans to provide liquefied natural gas (LNG) bunkering services on the Pacific side of the Panama Canal, under the first permit issued by the Panama Maritime Authority (AMP) for the provision of such services. Crowley's advanced energy group will operate the ship-to-ship LNG transfer services from next year. ...
  • TechnipFMC scores work on Woodside's Trion project off Mexico
    Offshore contracting giant TechnipFMC has been awarded a contract to manufacture flexible pipes by Woodside Energy. TechnipFMC said that it would supply infield flowlines and jumpers for the Trion project in deepwater Mexico. According to the company, this award was included in inbound orders in the third quarter of 2023. "We worked with Woodside to ...
  • MOL fixes sixth LNG newbuild to JERA
    Japanese shipowner Mitsui OSK Lines (MOL) has sealed another long-term charter deal with compatriot power generation major JERA for a newbuild LNG carrier. The 174,000 cu m vessel will be built at South Korea's Samsung Heavy Industries, for delivery in 2027 and managed by MOL. This is the sixth contract, following a time charter agreement ...
  • New York awards contracts for three offshore wind projects
    New York has awarded conditional contracts for three offshore wind projects as part of the largest state-level investment in renewable energy in US history. In the most competitive offshore wind solicitation in the US, the New York State Energy Research and Development Authority selected three new offshore wind projects totalling 4,032 MW of clean energy ...
  • Allseas secures work on Rotterdam carbon capture project
    Offshore construction specialist Allseas has been selected for the subsea pipeline project of the Porthos carbon capture and storage (CCS) project in the Port of Rotterdam, the first development of its kind in the Netherlands. Porthos, a partnership between EBN, Gasunie and the Port of Rotterdam Authority, will transport CO2 from industrial sites in the ...
  • Semco and PTSC awarded Taiwanese wind farm contract
    Semco Maritime and PTSC Mechanical & Construction (PTSC M&C) consortium has won an engineering, procurement and construction (EPC) contract from Copenhagen Infrastructure Partners for a 500 MW offshore substation in the Feng Miao offshore wind farm project in Taiwan. This is the third offshore substation project awarded to the consortium since the first collaboration in ...
  • Scrubbers on steroids: EU ETS proving deeply controversial with two months to go
    With just over two months to go until its implementation for shipping, the European Union's emission trading system (EU ETS) is proving to be as contentious as the 2020 scrubber debate. The new regional regulation is set to begin implementation on January 1, 2024, and opinions on it are divided into two completely opposing sides ...
  • Reporting on shipping's darkest secret
    At all Splash-owned titles we've never shied away from reporting the tough issues, however contentious and depressing they might be. This has seen us being sued, for instance, over our ongoing reporting of crew abandonment. It has also seen our team bash heads against brick walls as we struggle to enact change to some of ...
  • October 2023 Review
    War broke out between Israel and Hamas with shipping currently minimally effected. One Israeli port, Ashkelon, situated 10 km north of the border with the Gaza Strip, has shut and queues have been detected at Haifa. A tight tanker market has seen some rallying on the back of the tension in the Middle East. The ...
  • War drums and tankers
    As the internet gets itself into a lather about events in Israel and in Gaza, uncertainty in real life (IRL as the twitterati call it) about conditions in the Middle East led to rising oil prices in October with Brent rising to over $96 a barrel at one point and settling around $92.5 by October ...
  • Momentum building for dry cargo
    China's steel sector remains in the doldrums as "market players are taking a fence-sitting attitude" after the Golden Week holiday according to analysts at ChinaSteel. Iron ore prices have stabilised a few dollars either side of $120 per tonne. Yet freight rates for iron ore from both Brazil and Australia to China have ballooned in ...
  • Containers: Brace, brace
    US west coast imports rose in September but only because the shuffling of unloading to east coast ports reversed due to the queues at the Panama Canal. Jonathan Gold, vice president for supply chain and customs policy of the National Retail Federation (NRF), told reporters that cargo volumes for the balance of 2023 would be ...
  • Analyst Abstract
    Dry Bulk There's a lot of conjecture - including here at Splash Extra - about the potential for India to be the 'new China' in terms of sending profits for shipowners spiralling. One area that impresses is in steel. Having established itself as the world's fastest-growing centre for steelmaking, India's crude steel production jumped by ...
  • 'If you can't buy apples, buy oranges'
    Capesizes became hot property in October in line with rates topping $30,000 a day and the impossibility of getting prompt deliveries from yards in Asia for the largest bulk carriers. In a sign of a market clearly heating up Chinese-built tonnage is now being sold at the same level as Japanese-built tonnage was sold at ...
  • What keeps shipowners up at night?
    What are we worried about that we shouldn't be worried about, and what are we not worried about that we should be worried about? This was a question posed from the floor at the Monaco Yacht Club at the latest Maritime CEO Forum by Richard Diamond from Dallas-based Castlewood Capital Partners and it was one ...
  • The dark side
    Andrew Craig-Bennett gives readers his take on the rise of the shadow tanker fleet. In 1995, I wrote in a column that "good" shipowners, of whom there are several, the people who look after their ships and their crews, whose immaculate ocean greyhounds arrive with pretty much the cargo that they set out with, and ...

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Lloyd's List web site
OCTOBER 25, 2023
  • Yara and Navigator Gas invest in ammonia bunkering start-up
    Key investment from major stakeholders to take Azane closer to a final investment decision on its first Scandinavian ammonia bunkering...
  • Piraeus port posts record results despite blip in container throughput
    Cosco-controlled port reports increased revenues in most operating segments
  • Russian move to acquire seized Mariupol ships branded 'plainly unlawful'
    A government body has asked to formally transfer ownership of Smarta and Blue Star I that were seized by Russian...
  • Volatile VLGCs climb back over $100,000 per day
    Propane price arbitrage continues to favour the US, as wide discounts compared to Asia and Europe prevail. The price differentials...
  • K+N sees little sign of inventory restocking
    K+N's results for the first nine months were well down on last year. But they remain higher than those achieved...
  • Fake seafarer medical certificates changing hands for $200
    Fewer than 1% of PEMEs fraudulent, argues Nigel Griffiths of Marine Advisory Medical Service
  • Carriers face 'car crash' year in 2024
    The relentless drive for capacity at a time of falling demand is having a predictable effect on freight rates. The...
  • Wallenius Wilhelmsen firms up methanol-fuel PCTC order at Jinling Shipyard
    The newbuildings are methanol capable and ammonia ready
  • Search for Verity survivors called off
    Details emerge of vessel's hull & machinery and P&I cover
  • Crowley plans LNG bunkering in Panama Canal
    Crowley says it is planning to launch to first-ever LNG bunkering service in the Panama Canal's Pacific side. Earlier this...
  • OSG seizes opportunity to slash outstanding debt
    Tampa-based company says it will realise a $911,000 gain and cut interest expense by $1.7m following repayment of the debt...
  • Daily Briefing
    Seafarers held for months in Kaohsiung hotel after three-way wrangle on wreck removal costs | British ship Verity sinks in...

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The Journal of Commerce web site
OCTOBER 25, 2023
  • Railroads wait for international intermodal rebound amid some Q3 gains
    International intermodal volume in North America fell in the third quarter year over year, but there are glimmers of optimism among some US railroads.
  • Kuehne + Nagel sees no inflection point yet for global freight recovery
    The world's largest ocean forwarder by volume said that despite an uptick in container freight during the third quarter, many customers still have too much inventory on hand from prior years.
  • Retailers pivot in fast-moving trans-Pacific as carriers accelerate blank sailings
    Facing the prospect of low-single-digit volume growth through the Lunar New Year in February, carriers so far this month have effectively reduced almost 22% of trans-Pacific capacity through blank sailings, according to Sea-Intelligence Maritime Analysis.
  • Sharing cost burden remains powerful obstacle to shipping decarbonization
    As activity heats up around decarbonization, there remains the stubborn fact that an unofficial law of container shipping, which dictates that shippers will always seek the lowest price or at the very least cost parity with peers, is exerting powerful resistance to the forces of climate progress.

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TradeWinds web site
OCTOBER 25, 2023
  • Capesize spot market may rebound from correction after China bond move, analysts say
    Issued debt could cause 0.5% jump in dry bulk trade, Clarksons Securities analyst Frode Morkedal says
  • By George, Performance Shipping just says 'no' to Economou tender
    Offer deemed too low and requiring actions beyond the power of company board
  • North American LNG bunkering gears up with new infrastructure
    Crowley targets Panama Canal as Seaside LNG takes delivery of barge for Gulf of Mexico
  • Imperial Petroleum buys back $1.9m worth of stock in profitable quarter
    Principal Harry Vafias says repurchase of $600,000 in warrants also should help share price
  • 'All hope lost': Death toll from UK ship sunk in the North Sea reaches five
    Germany mulls removing fuel oil from the wreck of the 3,400-dwt Verity
  • Yara and Navigator buy into pioneering ammonia bunkering company Azane
    Producer and shipowner lead new investment round as start-up moves to construction phase
  • SSY partner Rupert Lawson leaves brokerage in shock exit
    Head of tankers departs in wake of rebranding
  • OOIL appoints Chen Yangfan as CEO in management shake-up
    Parent company of Hong Kong container line OOCL rings in the changes
  • Louis Dreyfus to order methanol and wind-powered ro-ros for Airbus charter
    French shipowner will renew three-ship fleet for bigger contract
  • ABN AMRO putting its money where its mouth is on shipping transition
    New methanol shipping fund gives Dutch lender the chance to get on with financing decarbonisation
  • Wavelength: Will the International Energy Agency's oil warning hit tankers?
    Agency's annual outlook says oil, gas and coal use is still 'far too high' to meet the UN climate target
  • P&I rate rises will 'taper off', predicts broker Lockton Marine
    Report indicates improved claims situation is easing the financial pressures on mutual insurers
  • OOIL appoints Chen as CEO in management shake-up
    Parent company of Hong Kong container line OOCL rings in the changes
  • Bearing AI launches first container ship emissions tracker with Hapag-Lloyd
    Mitsui & Co-backed Silicon Valley company has been working with German line on new product
  • Russia looks to China for shipbuilding expertise
    Government announces launch of 'megaprojects' that include shipping to avoid reliance on foreign components
  • Grindrod Shipping boosts bank balance with sale of two debt-free bulkers
    Company keen to pay down debt as part of integration with Taylor Maritime Investments
  • Proman's Andrew Craig reveals big plans for methanol newbuilding fund
    Swiss producer's finance chief says new LEMSCO operation will finance its own fleet renewal - as well as helping other owners
  • Great Eastern secures modern MR tanker from Japan on five-year deal
    Indian owner said to have booked its newest vessel from Fuyo Kaiun
  • Ukraine claims four mines dropped in grain shipping corridor by Russian air force
    Country's Operational Command South says devices landed in navigation lanes
  • Celsius hits its 20 LNG ship target as it bumps up China orders
    But will company top this as it racks up more optional slots with yard?
  • JP Morgan ups methanol-fuelled MR tanker newbuildings at China's GSI
    US bank has a total of six ships booked at state-owned Chinese shipyard
  • GTT reaps revenue rewards as LNG carrier orders surge
    Company declares resumption of LNG-as-fuel activity as it pulls in fresh contracts
  • GTT reaps revenue rewards from high level of LNG carrier orders
    Company declares resumption of LNG-as-fuel activity as it pulls in fresh contracts
  • Ukraine highlights ship damage in effort to derail Russia IMO bid
    Russia is facing a tough battle to secure re-election to the executive body at shipping's global regulator
  • Golden Energy Offshore boss Per Ivar Fagervoll adds to holding with $241,000 of share buys
    Alesund-based owner's director Morten Muggerud also buys stock in subsequent offering
  • Greek shipping dominates as Intercargo expands membership amid regulatory uncertainty
    Dry bulk owners' association has come to represent about a third of its industry
  • MOL confirms Samsung Heavy LNG carrier order as Jera steps in with charter
    Japanese owner signs up sixth vessel with domestic energy trader
  • Intercargo membership climbs to new highs amid decarbonisation fears
    Dry bulk owners' association has come to represent about a third of its industry
  • MOL confirms Samsung LNG carrier order as Jera steps in with charter
    Japanese owner signs up sixth vessel with domestic energy trader
  • Jaldhi Overseas confirms debut order for LPG carriers
    New gas carriers earmarked for India's growing gas trade
  • Sanmar Shipping aims for 20-ship fleet expansion with Singapore launch
    Indian shipowner looks to expand in tankers and gas but does not rule out dry bulk return
  • Comment: Coalitions of the willing are needed to face shipping's new age of accountability
    Global Maritime Forum shows that solving the complex problems of decarbonisation requires fresh thinking and new alliances
  • Pareto Bank sees shipping loan book shrink as shipowners make 'steep' repayments
    Number of clients shrinks at Oslo-listed niche lender
  • Nigeria turns to 'tiny tankers' to boost shipments due to pipeline outage
    Small river vessels are pressed into service to get crude onto conventional ships
  • Columbia Shipmanagement advances 'march eastwards' with new manning agency in Vietnam
    Ship manager says expansion into Asian nation was a natural step for the company
  • Jonathan Chappell regains top position as 'dean' of analysts in shipping sector rankings
    Evercore's veteran researcher tops Institutional Investor's annual rankings after two-year hiatus
  • Columbia goes direct with new manning agency in Vietnam
    Ship manager says expansion into Asian nation was a natural step for the company
  • Columbia looks to tap Vietnamese seafarers as crew with new manning agency
    Ship manager says expansion into Asian nation was a natural step for the company
  • AET exits stainless-steel chemical tanker segment as Bunga Lily sails on to new owner
    Vietnamese buyers have snapped up AET's entire sextet of L-class chemical tankers over the last four years
  • Sanmar Shipping seeks to grow fleet to 20 ships as it opens up in Singapore
    Indian shipowner that is looking to expand in tankers and gas does not rule out a move back into dry bulk
  • Crown LNG's Knutsen keeps all options open to deliver Scotland's FSRU
    Crown LNG kicks tyres on 170,000-cbm carrier and likely conversion candidates
  • Crown LNG reinvents offshore regas as it pursues FSRU for Scotland
    Company is reviving gravity-based structure concept as it files for US listing
  • Troubled Dae Sun Shipbuilding forced to delay newbuildings
    But the shipyard's day-to-day operation will not be affected, say managers
  • Offshore wind recruitment firm targets Singapore IPO
    The growing company plans to increase its footprint in the US as well as Poland and Denmark

news on subscription
American Shipper web site
OCTOBER 25, 2023
  • CargoX consortium leads development of Uganda's trade facilitation platform
    This is CargoX's second sizable partnership aimed at bringing more efficient import and export practices to global markets.
  • War increases Israel's demand for imports
    Israel won't be able to produce as many goods for its economy because of the war it is waging. Some logistics providers are increasing their capability to deliver imports to the country by air and ocean.

››› File
FROM THE HOME PAGE
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
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
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
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
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
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
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
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 public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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