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01 July 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

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