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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.

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FROM THE HOME PAGE
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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