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28 April 2025 - Year XXIX
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

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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
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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