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