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June 28, 2023

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International Transport Journal web site
JUNE 28, 2023
  • In the local heroes' network
  • Stepping into Switzerland anew
  • Third Euro Dual to upgrade fleet
  • Waberer's lowers average truck age
  • Girteka continues modernisation strategy
  • Allcargo group: key changes after demerger
  • Agreements for two new vessels
  • Global Crossing gets second A321 freighter
  • E-mixer delivers green concrete in London
  • Delivery specialists merge in Spain
  • Aldi Nord expands logistics training courses
  • Swissport opens new cooling facility in Dublin
  • Historic moment for APM Terminals Apapa
  • UP to serve new industrial park
  • A contract to deliver 1.8 million footballs
  • Smarthop welcomes Jay Hinson
  • Nordic carrier digitally increases efficiency
  • "Curiosity of the Day"
  • Adding Cleveland and Columbus

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The Loadstar web site
JUNE 27, 2023
  • HMM goes it alone on Asia-Med - 'clearly the strongest trade'
  • 'Give it to MSC!'
  • Mundra disruption sapping service reliability, say box carriers
  • Legal wrangle over Western Global finances as airline eyes bankruptcy
  • EXCLUSIVE: Global head of key logistics vertical leaves Mærsk
  • Safer shipbreaking a reality after Bangladesh signs up to HK convention
  • Caucasus countries in joint-venture to slash China-Europe rail transit time
  • Pharma supply shortages drive calls for more integrated supply chains
  • DHL Group - a 'sustainable' bonding experience
  • Evergreen consolidates container shipping assets amid family feud

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Marine Log web site
JUNE 27, 2023
  • Navy takes delivery of first Flight III destroyer
    The Navy accepted delivery of the future guided missile destroyer USS Jack H. Lucas (DDG 125), its first Flight III destroyer, from Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division on June 27.
  • Kitack Lim calls for "ambitious and bold" IMO GHG strategy
    IMO's Marine Environment Protection Committee will hold its 80th session (MEPC 80) in London, July 3-7, 2023. Among key agenda items, MEPC 80 is expected to adopt an upgraded IMO greenhouse gas
  • Equinor joins green ammonia bunkering study team
    Norwegian plans for a green ammonia bunkering network first announced in April 2022 are making progress. State-owned energy giant Equinor has become a partner in the "AFNO 2030 - Ammonia fuel for
  • Maersk and Stena Line press ahead on methanol fueling
    The move to methanol continues. Yesterday, Maersk announced it had placed an order for six mid-sized containerships with dual-fuel engines able to operate on green methanol. Today, Wärtsilä announced that it has

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Container News web site
JUNE 27, 2023
  • Kalmar electric trucks to boost sustainability of BJB Lift Trucks fleet in UK
    Kalmar has agreed to provide 15 medium electric forklift trucks to UK material handling equipment (MHE) supplier BJB Lift Trucks. The order was placed in the 2023 Q2 order intake of Kalmar's mother company Cargotec, with delivery scheduled for the fourth quarter of the year. BJB is a market leader in MHE solutions in the United Kingdom. The firm, headquartered in Grimsby in the country's East Mid
  • New study recommends new methods for design and operation of ammonia-fuelled ships
    The Lloyd's Register (LR) Maritime Decarbonisation Hub and the Maersk Mc-Kinney Moller Centre for Zero Carbon Shipping conducted a joint study into ammonia safety onboard ships, which discovered that a variety of mitigation methods, from ship design to crew training and operations, are required to keep toxicity risks to the crew within published tolerable limits. "Recommendations for Design and O
  • APM Terminals ramps up automated straddle carrier testing in Denmark
    Shanghai Zhenhua Heavy Industries (ZPMC), a manufacturer and carrier of port equipment, has provided APM Terminals with two extra automated straddle carriers as part of a first-of-its-kind trial project in a real terminal setting at the Aarhus yard in Denmark. The additional carriers will join forces with the initial prototype, which was already introduced in the beginning of 2022. "We are proud
  • TotalEnergies signs clean energy agreements
    TotalEnergies signs agreement with Petronas and Mitsui to develop a carbon storage project in Southeast Asia and also with Gentari Renewables Sdn Bhd, the clean energy solutions company of Petronas, to develop renewable energy projects in the Asia Pacific region. Petronas, Mitsu and TotalEnergies will jointly evaluate several CO2 storage sites in the Malay Basin, including both saline aquifers an
  • New leadership at Bureau Veritas
    Following the Annual Shareholders' Meeting on 22 June, the Bureau Veritas Board of Directors has voted to nominate Hinda Gharbi as Chief Executive Officer of the company, following Didier Michaud-Daniel. "The Board of Directors of Bureau Veritas would like to express its sincere thanks to Didier Michaud-Daniel for the tremendous work he has accomplished at the Group over more than 10 years and th
  • Jam on Singapore road after container truck overturns
    A container truck overturned on its side on a Singapore road in the early afternoon (local time) on 26 June, causing it to be closed to traffic for seven hours. Footage from nearby vehicles and Facebook group SG Road Vigilante showed that the truck appeared to swerve to avoid another container truck in front of it. However, the truck crashed into the road divider and flipped on its side, resultin
  • MSC eyes more orders for 8,000 TEU ships
    Mediterranean Shipping Company (MSC) is reportedly up for another round of newbuilding orders as mainline operators rush to beef up their fleets with "green" vessels. MSC has reportedly asked several South Korean and Chinese shipyards for price quotes for 8,000 TEU ships to be dual-fuelled with methanol or LNG. The number of vessels the Swiss-Italian carrier is ordering has yet to be confirmed. T
  • CMA CGM announces new congestion surcharges in Algeria and Turkiye
    CMA CGM has announced new port congestion surcharges (PCS) in Turkiye and Algeria due to continuing delays in between congestion/waiting time plus berth time on the current vessels berthing sequences. As a result, laden cargo lead-time is being increased, empty equipment re-loading / repositioning frequency is affected and operating costs are rising, according to the French carrier. Thus, CMA CGM
  • Grimaldi introduces greenest ro-ro ships in the world on intra-Europe line
    The regular ro-ro line operated by the Neapolitan shipping group Grimaldi between Venice, Bari and Patras is being served by two of the company's "green giants", the hybrid vessels Eco Catania and Eco Malta, starting from 26 June. Grimaldi group, in synergy with the Port System Authorities of Northern Adriatic Sea, Southern Adriatic Sea and the Greek port of Patras, will enhance maritime intermod
  • Spark and Hutchison Ports ink agreement to develop dry port and bonded logistics zone in Saudi Arabia
    King Salman Energy Park (SPARK) and Hutchison Ports have announced the signing of the concession agreement to manage and operate SPARK's dry port and bonded logistics zone (Dry Port). The concession was awarded to a newly established joint venture, Energy City Logistics Company (ECLC), between SPARK and Colour Path Holdings Limited, a Hutchison Ports company. SPARK is a 50 km 2 global energy hub
  • Plans for first green hydrogen production plant in Duisburg port unveiled
    Lhyfe, producer of renewable green hydrogen, and duisport, the owner and management company of the Port of Duisburg, collaborate to investigate the feasibility of building the first major electrolysis plant in the German port. Duisburger Verkehrs- und Versorgungsgesellschaft (DVV - Duisburg transport and supply authority), Wirtschaftsbetriebe Duisburg (WBD - public company for cleaning, collectio
  • PSA Venice, North Adriatic Sea Port Authority extend concession by 25 years
    PSA Venice has agreed with the North Adriatic Sea Port Authority (AdSP) the extension of the existing concession by 25 years. The new contract will begin on 1 October 2024 and will last until 1 October 2049, while the original 25-year concession dates from 1997. The global port and terminal operator PSA said it will invest around US$86 million in the Italian container terminal, of which over US$6
  • HMM announces new service linking Far East, India and Mediterranean
    South Korea's major ocean carrier HMM will launch a new service connecting Far East Asia, India and the Mediterranean Sea (FIM) aiming to deliver more comprehensive transportation options in these regions. The service is expected to commence from the port of Busan in South Korea on 6 August, and the round trip will take 84 days. The 11,000 TEU boxship HMM Blessing will be the first vessel for thi
  • Port of Mombasa handles around 650,000 TEUs so far in 2023
    The port of Mombasa in Kenya recorded 648,692 TEUs for the period January-May 2023 compared to 595,319 TEUs during the same period in 2022, an increase of 53,319 TEUs or 9%. This performance means that the Port of Mombasa is on track to achieve annual container traffic of 1.48 million TEUs by the end of the year. Moreover, during the previous three months, the average container stay time decrease
  • COSCO and NX SHOJI pen low-carbon marine energy deal
    COSCO SHIPPING and NX SHOJI recently signed a strategic cooperation agreement to jointly accelerate the progress of low-carbon green marine energy by leveraging used cooking oil (UCO) as a biofuel feedstock to provide a steady supply of this eco-friendly fuel to the marine energy market represented by Japanese ports. COSCO SHIPPING said it has shown commitment to develop a greener future with low

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Splash web site
JUNE 27, 2023
  • Thinking differently about windfarm deployment logistics
    By combining a flat deck barge with HLP's new ring crane concept, project developers can reduce costs and timescales, writes Alex Fyfe, managing director at UK's Heavy Lift Projects (HLP). The global demand for energy derived from windfarms will see turbine deployments grow to reach 320GW by 2030 and 1,800GW by 2050. In 2030 alone ...
  • Toro ships out veteran tanker for $17m profit
    Nasdaq-listed tanker and LPG owner Toro has landed another massive profit from the sale of an elderly tanker bought in 2021. The spinoff of Cyprus-based Castor Maritime has confirmed offloading its nineteen-year-old aframax LR2 for $28m, deal brokers earlier reported in the $30m range. The transaction, expected to close in the third quarter, is expected ...
  • Eastern Pacific Shipping forks out nearly $76m for five-year-old suezmax
    Idan Ofer-controlled Eastern Pacific Shipping has jumped on Elandra's modern suezmax tanker, paying a hefty price of nearly $76m. Multiple industry sources have reported the Singapore-based diversified owner taking the 2018-built from the Vitol-backed outfit for around $75.5m. The ship was bought by Elantra from Restis family tanker vehicle Golden Energy Management as Energy Trophy ...
  • Performance Shipping charters aframax to ST Shipping
    Nasdaq-listed Greek tanker owner Performance Shipping has entered into a time charter contract with ST Shipping & Transport for an LR2 aframax oil product tanker. Performance Shipping said that the vessel in question was the 2010-built, 105,304 dwt and that the deal was made via its wholly-owned subsidiary. The vessel joined the company's fleet in ...
  • Six brokers from bankrupt Lorentzen & Co join Affinity
    Richard Fulford-Smith-led broking firm Affinity has hired six former employees of Lorentzen & Co which declared bankruptcy after over 100 years in business. The former Lorentzen staff joined Affinity's bulker-oriented entity, Affinity Dry Bulk, and will establish the company's new New York base. According to a LinkedIn post by Affinity Dry Bulk's director Hans Bredrup, ...
  • Scorpio Tankers fixes $1bn financing for 45 ships
    Monaco-based Scorpio Tankers has clinched a financing deal for 45 ships worth $1bn. The New York-listed owner and operator of 113 tankers has tapped a group of banks to finance currently unencumbered vessels, or those financed through loans and financial leases, which carry higher margins. The deal, expected to close in July, is structured around ...
  • TotalEnergies enters methanol bunkering study in Singapore
    French fuel supplier TotalEnergies Marine Fuels and Green Marine Bunkering have entered a memorandum of understanding on a joint development study on methanol as a new marine fuel in Singapore. The two companies will study the feasibility to implement a viable methanol bunkering supply chain in the country. Shipowners are increasingly interested in methanol as ...
  • Hinda Gharbi takes the helm at Bureau Veritas
    French class society Bureau Veritas (BV) has appointed Hinda Gharbi as chief executive officer, succeeding Didier Michaud-Daniel, who has held the position for over 11 years. Gharbi joined Bureau Veritas as chief operating officer in May 2022 and became deputy CEO in January this year. Before BV, she worked for energy sector services giant Schlumberger, ...
  • Petrofac scores $318m contract extension with NEO Energy
    UK offshore services firm Petrofac has sealed an extension to its integrated services contract with NEO Energy worth £250m ($318.4m). The deal will see Petrofac continue to deliver operations, maintenance, engineering and construction support for NEO Energy's UKCS-based floating production storage offtake (FPSO) vessel, . Current forecasts expect the asset to remain fully operational until ...
  • K&O Ship Management emerges as another Dubai name linked to dark fleet
    Another Dubai shipmanager has emerged for European politicians to investigate and target when further Russia sanctions are discussed. In February, the European Union put sanctions on Sun Ship Management, the Dubai-based manager of the Sovcomflot fleet. However, another Russian front company has emerged in Dubai with links to Sovcomflot. K&O Ship Management, based on the ...
  • American funding agreed for Greek shipyard
    The US Congress has approved $125m in funding for Elefsis Shipyards, located near Piraeus. The US International Development Finance Corporation (DFC), America's development bank, will provide the loan to ONEX, the company which owns the shipyard which is going through a restructuring after suffering many years of high debts. ONEX is controlled by Panos Xenokostas ...
  • Danaos questions Eagle Bulk's poison pill decision
    Greek containership owner Danaos, the largest shareholder of Eagle Bulk Shipping, has questioned the company's move to adopt a poison pill in a letter it sent to Eagle Bulk's board of directors. Last week, Eagle Bulk bought Oaktree's 28% stake in the company for $219.3m via a repurchasing program and adopted a shareholder rights plan ...
  • Tomini makes first cape foray
    Tomini Shipping has again added to its fleet of dry bulk carriers with the purchase of its first cape. The Dubai-based shipowner and operator has taken delivery of the 2014 Chinese-built 179,800 dwt from Valhal Shipping for a reported price of $34m. The Hamburg-based exclusive agent of Greece's Enesel Group's dry bulk activities picked up ...
  • Libra unveils space leasing business
    George Logothetis-led Libra Group has launched a new division. Libra, which runs Lomar Shipping, has unveiled the world's first space leasing company. Building on Libra's 20 years of aviation leasing experience, Space Leasing International (SLI) will own and lease assets critical to the space economy. SLI's first investment includes the construction of a ground station ...
  • Saipem picks up pair of drilling contracts worth $550m
    Italy's Saipem has won two new offshore drilling contracts worth a total of around $550m. The first contract will keep the 2008-built jackup rig Perro Negro 7 working in the Middle East for 10 more years The Milan-headquartered firm said the 10-year extension is a record duration in the area, which in the past had ...
  • Number of Norwegian offshore workers threatening to strike later this week rises to over 1,600
    The number of Norwegian offshore workers set to go on strike on June 29 without a new wage deal in place has risen to 1,644 after members of Safe joined two other labour unions. Safe told the National Mediator of Norway and the Norwegian Shipping Association that 637 of its members would be going on ...
  • Project launched to establish ammonia bunkering for Norwegian offshore sector
    Norway's Equinor has launched a project with fellow technology firm Azane Fuel Solutions to showcase how clean ammonia can be introduced as a fuel to decarbonise the Norwegian offshore sector. Azane, a joint venture between ECONNECT Energy and Amon Maritime, said the project will focus on optimising the value chain for ammonia, from production to ...
  • TechnipFMC wins more work in Angola with Azule Energy
    Offshore contracting giant TechnipFMC has been awarded a significant contract by Azule Energy to supply subsea production systems for the Block 18 Infills development offshore Angola. This is TechnipFMC's first subsea production systems contract with Azule Energy and follows the announcement of a flexible pipe supply contract for Azule's Agogo Integrated West Hub Development. The ...
  • Vogemann orders capes in Dalian
    German owner Vogemann has contracted Hengli Shipbuilding in Dalian to build four 180,000 dwt capesizes as well as four kamsarmaxes, according to Allied Shipbroking. The capes will deliver in 2025 and 2026 with VesselsValue suggesting they are costing $63.5m each. The cape orders mark the return of large ship construction for Hengli Shipbuilding, a yard ...
  • Ship recycling convention enters into force finally
    After 14 years since adoption by the International Maritime Organization, the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention) has successfully been ratified and will enter into force in June 2025. Bangladesh, one of the principal ship recyclers in the world, and the Liberian Registry, the world's ...
  • New sail device launched in Japan
    Fukuoka-based Eco Marine Power (EMP) announced today that it has developed a new type of sail device for ships. This sail device known as a Sailet can increase the propulsive forces created by EMP's patented EnergySail and can also be used as a stand-alone sail-assisted propulsion or energy-saving device. Additionally, it can be used as ...
  • Singapore magazine launches assessing the strengths and weaknesses of the preeminent maritime hub of the 21st century
    Splash takes a typically unflinching view on the pros and cons of this vibrant Asian city-state in the latest market report to launch from our fast-growing magazine stable. Singapore's maritime mantelpiece needs reinforcement, groaning from all the trophies, accolades and awards lavished towards the Lion Republic, the preeminent shipping hub of the 21st century. Singapore ...
  • Singapore Market Report 2023
    To get a glimpse of where shipping's future is headed there's no better place to dive into than Singapore, continually voted as the world's greatest maritime hub. Splash brings readers exclusive coverage of how this Southeast Asian nation is tackling the biggest issues facing maritime as well as assessing the weak points this city-state has ...

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Lloyd's List web site
JUNE 27, 2023
  • Warning for UK shippers ahead of Customs change
    Export declarations will change to a new system on November 30. Forwarders are being urged to prepare to avoid a...
  • Scorpio receives $1bn credit facility commitments
    Credit facility will be used to finance 45 product tankers that are either debt-free or financed through credit facilities or...
  • Danaos blasts Eagle Bulk's repurchases of $219m Oaktree shares and poison pill adoption
    Danaos Corporation, which recently amassed a double-digit stake in Eagle Bulk, is slamming Eagle's use of debt to finance the...
  • What is a cash-rich boxship owner to do?
    Owners who piled up funds from container shipping boom now have the puzzle of what do with the cash, since...
  • IMO's GHG strategy: Is the gap between reality and aspiration closing?
    Environmental groups including Transport & Environment and Seas at Risk, called on the IMO to reduce shipping emissions by 50% by 2030...
  • Ineos enters LNG sector with newbuilding charters from MOL
    British chemical group Ineos says it will capitalise on its experience in ethane gas transportation to develop a 'pipeline' of...
  • Evergreen moves to consolidate box shipping assets
    With the acquisition, Evergreen Marine Corp is expected to own nearly 100% of Evergreen Group's self-owned fleet
  • Containers: Box shipping keeps an eye on capacity as weak peak season looms
    Supply is set to outstrip demand by some margin over the next two years; the question is whether container lines...
  • VLCC rates come under pressure
    The time charter equivalent on the Baltic Exchange plunges 62% in a week to close at $20,006 per day
  • Yangzijiang Shipbuilding exceeds full-year order target in six months
    Total outstanding orderbook reaches record high to $14.6bn for 180 vessels. The shipbuilder secured maiden order for methanol dual-fuel containerships...
  • Stena to retrofit more ro-pax ships for methanol fuel
    Swedish ro-ro cargo and ro-pax ferry operator has commissioned Wärtsilä to retrofit existing vessels in its fleet from 2025. They...
  • Big deficit at London Club after 'challenging' year
    International Group affiliate still spending five dollars on operating costs and payouts for every four dollars of premium income
  • Upskilling seafarers 'critical to tech progress', says Transport 2040 report
    A second report from the Transport 2040 project moves from the changing nature of global transport to the technologies and...
  • Varvitsiotis named new Greek shipping minister
    Varvitsiotis has international experience required for key job in an industry that now has to deal with headaches, such as...
  • Philippine president commits to upskill seafarers for maritime transformation
    Delegates at the Shaping the Future of Shipping: Seafarer 2050 summit highlighted requirements for a successful transformation of seafarers' roles...
  • Daily Briefing
    Policy bank parent puts CDB Leasing up for sale | The week in newbuildings: Maersk and CMA CGM boost total...
  • Co-operation needed on lithium-ion battery carriage risks
    The power density of rechargeable batteries has increased significantly. As more units enter the supply chain, regulations may need to...
  • Carrix to acquire Ceres Terminals from Macquarie
    Move will expand Carrix subsidiary SSA Marine's footprint in the Atlantic and US Gulf coasts, where the bulk most of...
  • Boxship fleet to hit 30m teu by 2025
    Box shipping's buying spree has brought forward the next significant milestone in fleet development. A move to larger, eco-friendly vessels...

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The Journal of Commerce web site
JUNE 27, 2023
  • Intermodal providers slash rates for low-volume shippers to boost business
    Union Pacific and BNSF partner COFC Logistics are cutting contractual rates on low-volume shippers through the end of the year in a bid to spur demand in a weakened domestic intermodal market.
  • Nuvocargo rides Mexico-US freight surge to land fresh investment
    Nuvocargo will use the new funding to expand its service footprint to all major over-the-road border crossings between the US and Mexico.
  • How to configure global Elastic IP
    What to consider when assigning global Elastic IP to BGP or Equinix Metal API
  • Nuvocargo rides Mexico-US cargo surge to land fresh investment
    Nuvocargo will use the new funding to expand its service footprint to all major over-the-road border crossings between the US and Mexico.
  • Yellow sues Teamsters for $137 million, citing 'breach of contract'
    The largest unionized trucking employer in the US is taking its restructuring fight with the Teamsters to court, claiming union leadership is agitating for its demise.
  • New HMM service covers strong Mediterranean, India markets
    Solid demand from both regions has encouraged the carrier to deploy its own vessels on the Asia-Med trade lane.
  • Chain.io invites out-of-network providers to build connectivity to its integration customers
    Chain.io CEO Brian Glick's initial vision for the company centered around the idea of making logistics system connectivity open to all vendors to allow shippers and logistics companies to better utilize their software.
  • Small, mid-sized US shippers find falling trans-Pac spot rates hard to ignore
    With most new trans-Pacific service contracts in effect only since late May, container lines are already nudging shippers to meet their minimum quantity commitments instead of taking advantage of spot rates that have been cratering for approximately three weeks, sources say.
  • Maersk adds six ships to expanding methanol order book
    Methanol will play a leading role in enabling the carrier to meet both its interim and long-term emissions reduction goals as it charts a course for decarbonization.

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TradeWinds web site
JUNE 27, 2023
  • Jefferies puts Maersk and Hapag-Lloyd on 'hold' amid mixed outlook for container sector
    US retail sales may outpace inventories, but significant newbuilding capacity is on the way, analyst says
  • OceanPal regains Nasdaq compliance after carrying out second reverse stock split
    New York-listed ship0wner's share count falls to 1.26m from 102m in less than a year
  • Costamare buys first capesize as GoodBulk whittles down fleet
    Chartering-in other people's capesizes may have encouraged Greek shipowner to buy one outright as well
  • Performance Shipping locks in aframax to Glencore at base rate of $45,000
    Greek owner can also benefit from upside through profit-sharing deal
  • Ineos finally confirms charters on MOL's LNG newbuilding duo
    Deals mark chemical carrier giant's entry into LNG shipping sector
  • A job transformed: Klaveness master and cadet explain how life is changing for seafarers
    Captain Robert-Dragos Valcica and engineer Mary Jane Enhambre Siy Chuan say new skills are constantly needed to keep up with modern shipping industry
  • Nigeria's crude exports to become a 'trickle' when mega refinery hits full steam
    BRS Group says product tanker trade from European refineries to Nigeria will be decimated when Africa's largest refinery fully opens
  • Tanker prices could be stabilising as first modern suezmax changes hands, says Cleaves
    In the first deal of its kind this year, a 2008-built suezmax moves for $75.5m
  • Dreyfus cuts shipping emissions as it targets 15% tonne-mile reduction
    Trader has worked closely with shipowners
  • US investors can separate 'crap' from quality, Gram's Georg Whist says after OTC listing
    Chief executive believes decades of experience, governance, transparency and a generous dividend policy will help Gram Car Carriers appeal to the US investor
  • Evergreen shells out $780m for privately-held Singapore division
    Deal sees consolidation of container shipping assets into Taiwan-listed vehicle
  • Havila Kystruten ditches $356m bond sale as lenders step in for refinancing
    Saevik-owned group exploring alternative options to fund new cruise ferries delayed by sanctions red tape
  • Scorpio Tankers seals $1bn debt package secured by 45 vessels
    'Oversubscribed' banks deal features revolver and term loan to run at Sofr plus 195 basis points
  • Greek shipowners top 2023 tanker sale charts as ships go to Russia trade
    Broker Xclusiv reveals MR vessels are still the most in-demand against backdrop of high asset prices
  • Tanker approached by skiffs armed with assault rifles and machine gun off Yemen
    Malta-flag ship takes evasive action as security guards stood ready
  • Merged NorthStandard settles into 'best market in the world'
    Greece carries special weight in merged P&I giant's book
  • Greek shipowners top 2023 tanker sale charts, but dropoff in activity seen
    Broker Xclusive reveals MR vessels are still the most in-demand against backdrop of high asset prices
  • Ocean Rebellion demands 50% cut in emissions by 2030 at IMO demonstration
    Protest takes place just as delegates sit down to discuss raising decarbonisation targets
  • Putin extends Russia oil sales ban to price cap backers
    Measure is seen as largely symbolic after the EU banned imports of crude and products
  • Affinity Shipping snaps up dry-cargo brokers from bankrupt Lorentzen & Co
    New hires mean that Affinity will have a new dry-bulk presence in New York
  • Chartering discussions progressing on second Fratelli Cosulich LNGBV
    New LNG and marine gas oil bunker vessel for Europe named at ceremony in China
  • George Logothetis' Libra Group aims for orbit with new space leasing business
    Owner of Lomar Shipping to build and own ground stations and other assets to tap into projected $1 trillion space economy
  • Ammonia review finds risks to crew can be kept to a 'tolerable level'
    Technical and safety training measures are identified in collaboration between Maersk Mc-Kinney Moller and Lloyd's Register decarbonisation centres
  • Hinda Gharbi breaks the class society 'glass ceiling' to lead Bureau Veritas
    Energy specialist fast-tracked to top job after just over a year at the French giant
  • After 14 years, global recycling rules enter into force as Liberia and Bangladesh sign up
    After a long wait, the international ship recycling industry will finally be regulated globally
  • Japanese oil trader returns to South Korea's K Shipbuilding for chemical tankers
    Nakagawa Bussan inks two 6,600-dwt vessels for about $42m
  • Klaveness squeezes digital deal out of juice tanker owner Citrosuco
    Norwegian group to partner with orange juice producer to optimise its supply chain
  • Ammonia momentum builds as Equinor, Azane, Yara and Bunker Holding reveal deals
    Norwegian and Danish groups collaborating on building a green fuel supply chain
  • Bureau Veritas appoints Hinda Gharbi as chief executive
    Energy sector specialist fast tracked to the top job after just over a year at the French TIC giant
  • Wartsila scoops deal to convert Stena Line ferries to methanol
    Swedish owner is aiming to switch to renewable fuels by 2030
  • Gulf of Guinea navies warn of 'credible' piracy threat to ships
    Criminal group active in waters off Nigeria, Cameroon and Equatorial Guinea
  • Singapore's Beng Kuang Marine sells another slice of Batam shipyard
    SGX-listed company has raised almost $14m in the last couple of months from asset sales
  • 'Inherently unfair': Danaos slams Eagle Bulk poison pill, Oaktree buyback
    Greek Eagle Bulk shareholder asks managers to explain their defensive tactics and speaks of 'preferential' deal with Oaktree
  • Capesize bulker sector has a new player: Dubai's Tomini Shipping
    Named after the second-highest mountain on Earth, Tomini K2 marks a giant increase in size for the Tomini fleet
  • Eastern Pacific Shipping secures employment for Japanese newbuilding quartet
    But Zim is looking to terminate charters early as container ship market loses steam
  • Japanese yards sit on biggest order backlog in years as owners grab delivery slots
    Major dry bulk shipbuilders secure an unprecedented three years of forward cover
  • NYK readies $1.4bn transition bond as it wins cable-layer deal
    Huge Japanese shipowner raising more money to accelerate on the road to zero carbon
  • Spurious alarms and planning errors blamed for Australian cargo ship grounding
    Accident report shows how traffic monitoring officer was overwhelmed by false alerts

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American Shipper web site
JUNE 27, 2023
  • O'Hare airport cargo terminal opens without taxiway for aircraft
    A developer has completed a sophisticated cargo terminal at Chicago O'Hare airport. The tenant has moved in. But cargo planes can't pull up to load and unload because of construction delays for a new taxiway.

››› File
FROM THE HOME PAGE
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
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
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
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
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
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
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
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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