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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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September 28, 2023

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International Transport Journal web site
SEPTEMBER 28, 2023
  • Pharma logistics welcome you to Basel!
  • Another air cargo carrier picks Airblox
  • Moving closer to 80 intermodal services per day
  • VDB president re-elected
  • ABB to propel Samskip's hydrogen ships
  • 1,000 km with just one LH2-fill
  • Arvato opens facility near Madrid
  • Next level for zero carbon aviation
  • Ports of Indiana names operations managers
  • Lübeck Port welcomes larger ships
  • China's largest container now in rail service
  • B&H Worldwide launches carbon tracker
  • Dnata's commitment to sustainability recognised
  • Kuenz cranes to enhance capacity
  • Starbucks: bean to cup in China
  • Alstom: maintenance work in Poland
  • "Curiosity of the Day"
  • Bigger team, more equipment
  • Air Canada: the third Dreamliner version

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The Loadstar web site
SEPTEMBER 27, 2023
  • 'Peak season already over' as ocean freight rates collapse further
  • Flexport invests in tech start-up promising to cut out truck brokerage fees
  • EXCLUSIVE: UPS rumoured to have eyes on DB Schenker
  • Air Canada Cargo drops order for 777Fs as turbulence hits the market
  • 'Monopolistic' Amazon comes under fire in US antitrust lawsuit
  • MSC eyes joint ownership of Spanish intermodal operator Renfe Mercancías
  • Green shoots of recovery on Asia-N Europe 'will need to be nurtured'
  • Don't write off the just-in-time model just yet, says logistics specialist
  • Etihad's Martin Drew now chief strategy and transformation officer for Atlas Air
  • How diplomacy is changing the language of supply chains
  • FMC Chairman exclusive, container shipping forecast - and what next at Flexport?

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Marine Log web site
SEPTEMBER 27, 2023
  • "Dead admiral" appears in new videos
    It now appears that Ukrainian Special Operations Forces were unduly overoptimistic in their assessment that Admiral Viktor Sokolov, the commander of the Russian Black Sea Fleet, was among those killed in a
  • BOEM postpones GoM oil and gas lease sale
    The Bureau of Ocean Energy Management (BOEM) yesterday announced that it is postponing Gulf of Mexico Outer Continental Shelf Oil and Gas Lease Sale 261, which had been set for today, September
  • ABS and Asiatic Lloyd eye ultramax conversion to methanol fueling
    In yet another sign of the growing interest in methanol as a marine fuel, ABS and Asiatic Lloyd Maritime LLP, a member of the AL Group, have signed a joint development project
  • Maritime Partners swoops on Maersk Line Limited subsidiary
    Within weeks of announcing it was to acquire the nine Jones Act tankers owned by Oslo-listed AMSC ASA (the company formerly known as American Shipping Company), Metairie, La., headquartered Maritime Partners LLC

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Container News web site
SEPTEMBER 27, 2023
  • BlueBox Systems provides supply chain visibility for highly regulated pharmaceutical shipping
    The pharmaceutical industry transports cargo worth more than a trillion dollars each year. Air freight is important in this since it allows for transportation over long distances in the shortest amount of time. According to a report, a steady and functional supply chain is critical for sensitive cargo requiring regulatory approval. The most important aspect is complete visibility. However, visibi
  • Maritime sector at pivotal decarbonisation moment, says UNCTAD
    Shipping has reached a decisive moment in the green transition process with the UN trade body UNCTAD calling on the industry to establish a global regulatory framework, adopt a market-based measure (MBM) and provide financial support for developing countries. In its latest Review of Maritime Transport 2023, published today (27 September), UNCTAD said that a "just and equitable transition" to a de
  • MSC changes California terminal on Transpacific Sentosa service
    MSC has announced that it will make a terminal change on its Sentosa service, which connects Asia with the West Coast of the United States. Specifically, the vessels of the world's largest container carrier will call at the WBCT of the port of Los Angeles, instead of Long Beach (TTI). This change will be effective in November with the Liberia-flagged container ship MSC Audrey. "There will be no c
  • Port of Corpus Christi Ship Channel Improvement Project advances to final phase
    The United States Army Corps of Engineers (USACE) has awarded Callan Marine, the fourth and final contract of the Port of Corpus Christi Ship Channel Improvement Project (CIP), signalling the completion of a national infrastructure initiative that will make the ship channel the most improved waterway along the United States Gulf Coast from Texas to Florida. The federal government and the Port of
  • COSCO Energy and COSCO Bulk issue first eBLs with GSBN
    Global Shipping Business Network (GSBN) announced that COSCO SHIPPING Energy Transportation (COSCO Energy) and COSCO SHIPPING Bulk (COSCO Bulk) have joined the consortium as members and successfully issued the first electronic bills of lading (eBL) for energy transportation and bulk shipments. COSCO Energy is a corporation that specializes in the transportation of energy, such as oil and natural
  • Global Freight Monitor: Dry bulk strength hinges on continued China imports
    Higher fuel price to last and put pressure on shipping margins: The Brent price has risen 26% since July. The HSBC Oil & Gas team expects the market to remain tight due to Saudi Arabia's cut, which could last until end-April 2024, and continued strength in China's demand, which reached an all-time high of 16.7mbd in July (see: Saudi cuts extended; raising forecasts, 22 Sept 2023). Similarly, the
  • Interview with Dror Levy, VP of customer success at WaveBL
    Dror Levy, VP of customer success at WaveBL, spoke to Container News about the digitalization process of the shipping industry. He explained the difficulties that companies may face during the digital transition, pointed out the role of WaveBL in this process and shared the company's vision for the next years. How do you see the digitization process of the shipping industry? What are the next ste
  • CN analysis: Demand pressure continues to stall rate recovery on trades out of India
    With the exception of trades to Europe and the Mediterranean, container freight rates out of India have seen no noticeable recovery signs for carriers, according to the latest market analysis by Container News . On the westbound India-Europe trade, average short-term contract rates from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) or Rotte
  • COSCO announces digital supply chain platform for automotive industry
    During the launch ceremony of the 2023 North Bund International Shipping Forum, COSCO SHIPPING announced the success of the automotive industry's digital supply chain platform provided by the company itself. The purpose of the 2023 North Bund International Shipping Forum themed "Openness, Cooperation, and Innovation, Co-building a New Landscape of Global Shipping & Aviation" is to make the compan
  • Vessel upsizing pushes more Neo-Panamax units to mid-haul lanes
    More and more Neo-Panamax container ships in the 13,000 to 16,550 TEU capacity range are being cascaded into North-South trades as more Megamax ships in the 23,000 to 24,000 TEU range are delivered and alloted to Asia-Europe lanes, said Alphaliner today (27 September). Fifteen (circa 24%) of the 62 Neo-Panamax newbuildings hitting the water this year have been assigned to North-South services fro
  • Kuehne+Nagel, Capgemini join forces to create supply chain orchestration service offering
    Kuehne+Nagel and Capgemini have entered into a strategic agreement to create an industry-leading supply chain orchestration service offering to provide end-to-end services across the supply chain network. The new deal is the first of its kind in the market and combines Kuehne+Nagel's logistics management and execution expertise with Capgemini's state-of-the-art Intelligent Supply Chain Operations
  • Maritime Partners buys US-flag tanker business from Maersk Line
    Maritime Partners, a provider of maritime financing solutions primarily focused on Jones Act vessels, has announced that on 20 September, one of its managed funds acquired Norfolk, Va.-based US Marine Management (USMMI) from Maersk Line, Limited. USMMI is engaged in chartering US flag tanker and military support vessels, owned and operated by USMMI, to the Military Sealift Command, a division of
  • ICTSI's Ecuadorian business unit achieves 135 million tons of cargo milestone
    Contecon Guayaquil (CGSA), International Container Terminal Services, Inc.'s (ICTSI) Ecuadorian business unit operating the Libertador Simon Bolivar Container and Multipurpose Terminal, celebrates the achievement of handling 135 million tons of cargo since starting operations at the Port of Guayaquil. According to the global port operator, the achievement is a testament to the Port of Guayaquil's
  • Port of Savannah handles over 410,000 TEUs in August
    In August, the Port of Savannah handled 413,300 TEUs, a decrease of 28% from August 2022 with intermodal traffic accounting for 21.6% of all containers. Furthermore, Georgia Ports Authority (GPA) reported 61,300 units of vehicles and machinery in Roll-on/Roll-of

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Splash web site
SEPTEMBER 27, 2023
  • Diana Shipping books methanol-powered kamsarmaxes at Tsuneishi
    New York-listed Greek bulker owner Diana Shipping is back ordering ships with a deal for two methanol dual-fuel kamsarmaxes. The Semiramis Paliou-led company has signed a letter of intent to order, through Japanese trading house Marubeni Corporation or its unaffiliated guaranteed nominee, a pair of 81,200 dwt ships at Tsuneishi Zhoushan shipyard in China. Subject ...
  • Sapura Energy scores $300m Angolan offshore platform deal
    Malaysian offshore services provider Sapura Energy has signed a contract for the provision of offshore transportation and installation services contract in Angola from Azule Energy. The contracts, worth approximately MYR 1.4bn ($300m), were won by Sapura Energy's wholly-owned subsidiaries Sapura Offshore, Sapura Energy DMCC, and Sapura Energy Engineering & Construction. The contract scope of work
  • Britoil snaps up 30 offshore vessels in Vroon restructuring
    Singapore-based OSV owner Britoil Offshore Services has acquired 30 offshore vessels as the Dutch shipowner finalised its financial restructuring. The deal also included supporting offices in Singapore and Genoa. The remaining vessels have been picked up by Norway's Golden Energy Offshore Services (GEOS), while the Dutch-based Rederij Groen took over two OSVs. Vroon said the ...
  • New owner looking to repair and flip fire-burnt car carrier Freemantle Highway
    Netherlands-based Koole Contractors has become the new owner of the fire-damaged car carrier Fremantle Highway. Koole Contractors will not be repairing the ship and getting into the car shipping business but will be looking to repair the ship and sell it to a willing customer. According to Dutch media reports, Koole made several agreements with ...
  • Jinhui Shipping picks up ultramax for $20.4m
    Chinese bulker operator Jinhui Shipping and Transportation has returned to buying mode shortly after disposing of its oldest vessel. The Oslo- and Hong Kong-listed company has snapped up a 2014-built ultramax paying around $20.4m. Brokers reported in June that the 63.800 dwt ship was sold to an unnamed buyer for about $23.5m. Jinhui said it ...
  • QatarEnergy signs $3.9bn deal for 17 LNG newbuilds in South Korea
    Middle Eastern liquefied natural gas producer QatarEnergy has kicked off the second phase of its massive shipbuilding program by signing a contract with South Korea's HD Hyundai Heavy Industries (HHI) for the construction of 17 LNG carriers, one of the largest single ship orders in history. The deal, valued at $3.9bn, will see the newbuilds ...
  • Equinor gives go-ahead for $3.8bn investment in Rosebank offshore oil field
    Norwegian energy major Equinor and its partner Ithaca Energy have taken the final investment decision to progress Phase 1 of the $3.8bn Rosebank development on the UK Continental Shelf. The Rosebank field, which is the largest undeveloped field in the UK, is located around 130 kilometres northwest of Shetland in approximately 1,100 metres of water ...
  • China debuts new container size
    China has debuted a new-sized container, albeit one that is unlikely to take to sea. China Railway Group's 50 foot containers will be used on the nation's intermodal express trains. By Splash estimates, there are now eight different length containers trading around the world - 10 ft, 20 ft, 30 ft, 40 ft, 45 ft, ...
  • Golden Energy Offshore flips one of recently acquired Vroon ships
    Norway's Golden Energy Offshore Services (GEOS) is set to cash in on one of the recently acquired vessels from Vroon. The Oslo-listed, Alesund-based owner has agreed to sell the 2016-built subsea support vessel (SSV), for €15m ($15.85m). A deal with an undisclosed buyer is subject to satisfactory vessel inspection and is expected to close in ...
  • Hapag-Lloyd earmarks seven ships for mid-life upgrades
    Seven 2011- and 2012-built 8,004 teu Hapag-Lloyd sister boxships have been earmarked for major mid-life upgrades. Alphaliner reports that the seven ships will all have around 1,000 teu in extra capacity added with the first ship already in a drydock in Denmark. The ship surgery sees the ships' superstructures cut in half and a prefabricated ...
  • Fizzy projections for nascent seaborne CO2 trades: Splash Extra
    The nascent liquefied carbon dioxide seaborne trades form the lead in the September issue of Splash Extra with experts in the field suggesting as many as 50 newbuilds will be ordered by 2030. Elsewhere in the subscription title there's regular markets commentary including analysis of the underreported tanker tax issue facing owners in Nigeria, while ...
  • New decarbonisation survey identifies gulf between frontrunners and conservatives
    A new survey by the Global Centre for Maritime Decarbonisation (GCMD) and Boston Consulting Group (BCG) shows that most shipowners and operators see decarbonisation as a must, but data shows that major differences appear in their approach and urgency. The same can be said when it comes to adopting green fuels. To incorporate views from ...
  • MSC selected to help revive Spain's rail freight operator
    Mediterranean Shipping Co (MSC), the world's largest container line, has beaten rivals including CMA CGM and Maersk to be selected as the winning partner to help revive Spain's national rail freight operator Renfe Mercanias. Renfe, Spain's state-run rail operator, has finally chosen a private partner in a new attempt to revive its freight unit with ...
  • Subsea 7 in line for $750m contract
    Oslo-listed offshore engineering and services provider Subsea 7 is set to be awarded a new contract estimated to be worth over $750m. The company said Wednesday it had received a client recommendation to execute, subject to consortium partners' approval, a major subsea contract. Subsea 7 will book the deal in its subsea and conventional business ...
  • St Lawrence traffic resumes as grounded cement carrier is refloated
    Marine traffic resumed along the St Lawrence river yesterday after a cement carrier was successfully refloated having grounded near Cornwall in Ontario early on Sunday morning. Two tugs were able to shift the NACC Argonaught within two hours yesterday morning. The ship has been moved to Lake St Francis for further inspection with repairs to ...
  • Maersk Line sells US-flag tanker business to Maritime Partners
    AP Moller-Maersk's American subsidiary, Maersk Line, has sold its government contracting division US Marine Management (USMMI) to Louisiana-based Maritime Partners. Virginia-based USMMI charters US flag tanker and military support vessels to the US Navy's Military Sealift Command and is involved in the operation and maintenance of US government-owned vessels. The company currently operates five U
  • Ukraine grain shipping insurance facility debuts
    Insurance broker Miller has unveiled a marine insurance facility for Ukrainian grain exports, backed by the government in Kyiv. Ukraine has been using a new corridor heading south which hugs close to its shoreline from three Black Sea ports to shift its grain exports in the wake of Russia deciding to walk away from a ...
  • Shipping of carbon dioxide readies to go mainstream
    Busy shipyards will need to find space to build half a century of liquefied carbon dioxide (LCO2) carriers between now and the end of decade as the shipping of CO2 goes mainstream. Currently there are just four small vessels capable of carrying LCO2, of which only one was purpose built, the other three being converted ...
  • Shipping's long tail cause for concern in meeting green goals
    Shipping's long tail is going to be the stumbling block to achieving decarbonisation goals. While the container and gas shipping sectors are comparatively consolidated giving them access to greater capital for the green transition, the dry bulk and tanker segments remain hugely fragmented and it is these myriad one-, two-, three-ship strong companies around the ...
  • September 2023 Review
    One of the biggest operators of large bulk carriers in the world will remain in Korean hands with Woori Private Equity Asset Management Co selected as the buyer of Polaris Shipping in a deal that also sees HMM, the country's flagship, and state-run Korea Ocean Business Corporation (KOBC) come onboard as minority investors. The whole ...
  • Tankers face a taxing time in Nigeria
    As Russia and Saudi Arabia continue their policy of driving up prices by withholding oil from the market, the ripples are spreading more widely including at home. Russia has temporarily banned exports of gasoil and diesel as domestic prices have been spiralling. That's because refiners have been exporting to more profitable export markets, causing shortages ...
  • Dry cargo is finally back on track
    China's iron ore imports so far in 2023 have exceeded the record set in 2021 with imports from Australia up by around 2.5%, from Brazil around 7% and from Canada around 4%, offsetting falls in imports from South Africa of around 5.5% (no BRICS loyalty premium for South Africa there). Chinese steel mills reported low ...
  • Containers face severely deteriorating conditions
    Peak season should be here but the momentum that built up in container shipping rates in August evaporated in September. Analysts at Linerlytica report that sentiment "continues to deteriorate" and that freight rates are falling despite shipping lines blanking increasing numbers of sailing. Freight rates are back to 2018 levels on many routes with the ...
  • COSCO bulk divisions embrace electronic bills of lading
    Electronic bills of lading (eBL) for energy transportation and bulk shipments are now happening with COSCO's bulk divisions joining the Hong Kong-headquartered blockchain platform Global Shipping Business Network. Traditionally, both bulk and energy shipments have relied heavily on letters of indemnity (LOIs) as proof of shipment ownership to authorise cargo release to the consignee in ...
  • John McLaurin to step down at the Pacific Merchant Shipping Association
    After 28 years there's going to be a change at the helm of the Pacific Merchant Shipping Association, a body that acts on behalf of liners and terminals on the US west coast. John McLaurin has announced his intention to retire early next year. He is set to be replaced as PMSA president by Mike ...
  • Will a reversal of fortunes position shipyards for the era of decarbonisation?
    After three torrid years of low profitability, a combination of falling costs and rising prices put yards on a stronger footing, writes Stuart Nicoll from Maritime Strategies International. The current newbuilding cycle is proving remarkably persistent, with demand for containerships and LNG carriers consistently exceeding expectations over the last year. MSI's Q3 shipping market reports ...
  • Ship Concept 2030: Are cargo owners doing enough to drive change?
    Who will drive the ship changes coming up? Splash takes a look at what customers are doing. For Khalid Hashim, the veteran managing director of Thai-listed dry bulk owner Precious Shipping, the way to ensure shipping goes green rapidly is with three regulations - a carbon tax, a hard stop to any fuel-burning ships delivered ...

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Lloyd's List web site
SEPTEMBER 27, 2023
  • Retail pendulum swings as New York volumes fall in August
    East coast's largest port sees volume fall 24.1% below last August, which was its strongest month on record, but also...
  • Quality of life and safety at sea top priorities for US seafarers
    US Maritime Administrator Ann Phillips spoke to Lloyd's List during London International Shipping Week
  • SSY's Adland slams EU ETS
    The EU ETS will 'almost certainly' increase overall emissions and risks becoming a tax grab without a clear path for...
  • Diana Shipping orders methanol dual-fuel bulkers in China
    Greece-based owner will pay $46m each for vessels due in four years' time
  • MAN to deliver first ammonia engine in late-2024
    First two-stroke dual-fuel ammonia engine is set for delivery at the end of next year. Full commercial release will take...
  • Bulker carrier values stabilise following summer dip
    Capesize bulk carriers remain highly sought after, with the smaller segments also seeing increased interest again, says Braemar senior shipping...
  • Alex Vullo to head Gallagher P&I practice
    Broker's book quadruples over past decade
  • Baltic Dry Index hits year-to-date high
    China's demand for raw commodities used in shipbuilding, auto manufacturing and renewable energy is said to support dry bulk imports
  • CMA CGM boosts methanol boxship orderbook by adding eight mid-sized vessels at China's SWS
    Deal underlines CMA CGM's further bet on the alternative fuel, seen as a strong contender to be shipping's next carbon-neutral...
  • Ship finance: Where next?
    The lending climate has eased up, according to leading professionals in the niche. But do not expect a return to...
  • Larger box tonnage moves to north-south trades
    Newbuildings are increasing the average size of the boxship fleet. Carriers are now deploying larger tonnage to alternative trades
  • Maritime trade sees slow recovery but faces decarbonisation challenges
    Shipping faces multiple challenges as it resumes growth following the pandemic. Balancing supply and demand while decarbonising fairly will be...
  • Daily Briefing
    Miller open to enquiry on Ukraine war risk cover | Flood of newbuilding capacity bites at boxship charter market |...

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The Journal of Commerce web site
SEPTEMBER 27, 2023
  • Inland23: US trucking costs rising amid weak demand
    Rising labor costs - both behind the wheel and at the warehouse, elevated diesel prices and cross-dock scarcity in major cities are making it more costly to run transportation networks, attendees at the Journal of Commerce's Inland Distribution Conference were told.
  • Norfolk Southern expands Florida service through deal with FEC
    The Class I railroad said it and Florida East Coast Railway are looking to take more trucks off the road with the additional intermodal service offering.
  • New Shanghai contract fails to budge skeptical carriers on container futures
    The concept of widespread use of a hedging tool continues to face an uphill battle within the container sector years after it was introduced, especially among carriers whose buy-in is considered essential to confer legitimacy on the fledging market.
  • Montreal's uncertain mega-project opens window for Halifax, Saint John
    Halifax and Saint John are expanding their container terminals as Class I railroads see an opportunity to serve major inland destinations from the Eastern Canadian ports.

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TradeWinds web site
SEPTEMBER 27, 2023
  • Baltic Dry Index hits 11-month high as capesize bulkers continue to soar
    Average spot rates for smaller bulkers also push Baltic Dry Index upward
  • Jefferies lowers container ship charter rate outlook as 'hard part begins' for operators
    Container lines face challenge of propping freight rates as newbuildings loom, analyst Omar Nokta says
  • Growing leasing giant Maritime Partners closes $600m financing with new and existing lenders
    Deal with Atlas SP, Bank of America and Deutsche Bank follows major tanker transactions
  • Diana Shipping dives into methanol-fuelled bulkers with $46m order for two kamsarmaxes
    New York-listed shipowner last ordered a newbuilding in January 2014
  • Jinhui strikes to buy UAE ultramax after selling veteran supramax
    Hong Kong owner snaps up a 2014-built bulker from Kenneth Fjeld and GV Surajh venture
  • Auctioned Morfini tanker attracts wide interest, despite legal row
    Greek buyer is believed to have swooped on 14-year-old product carrier
  • Green Seas: Advertising complaints fuel debate over cruise's LNG sustainability claims
    Newsletter on the environment and the business of the ocean talks to Opportunity Green and Carnival Corp after environmental group targets cruise advertising
  • A 'royal' appointment: Sir Timothy Laurence becomes patron of IMRF
    Princess Anne's husband takes over from former IMO chief Efthimios Mitropoulos
  • UN backs levy on carbon emissions to pay for soaring decarbonisation costs
    Trade and development body warns that low-income nations are at risk of losing out in the drive to green shipping
  • QatarEnergy inks 17 slots at HHI as it fires gun on Phase 2 of huge LNG newbuilding project
    LNG producer confirms almost $4bn worth of berths at single yard
  • Vroon completes $1bn restructuring as it sells 30 offshore ships to Britoil
    Dutch owner also offloads two management offices to Singapore group as it focuses on core operations
  • Neu Seeschiffahrt seals Wisdom newcastlemax buys and is hungry for more
    Hamburg-based bulker owner plans to expand its tonnage in the coming months
  • UN report outlines soaring costs of decarbonising shipping
    Trade and development body warns that low-income nations are at risk of losing out in green drive
  • QatarEnergy inks 17 slots at HHI as it fires gun on Phase 2 of huge LNG newbuilding project
    LNG producer confirms almost $4bn worth of berths at single yard
  • Seacor Holdings sells off US tug fleet to domestic rivals
    Seabulk subsidiary will continue to operate Caribbean assets
  • Speculation swirls about next steps for S&P supremo Sebastian Davenport-Thomas
    Former Braemar shipbroker may remain off the radar for months
  • Big-name Greek owner singles out inflation as biggest risk to shipping at TW Athens forum
    Major bulker, tanker and gas carrier owners discuss geopolitics, decarbonisation and inflation at TradeWinds Shipowners Forum
  • MSC brought in to revive Spain's state rail freight company
    Cooperation deal could see subsidiary Medlog assume management control
  • Russia's new shadow shipping dynasty sets up shop in Dubai
    Nearly half of 'shadow fleet' tankers involved in the Russian trade are registered in the UAE, says report
  • Alexander Varvarenko's Shipnext secures 'substantial' Belgian grant for AI project
    Cargo platform will use money to strengthen its predictive analytics for shipbrokers
  • Golden Energy Offshore offloads subsea support unit acquired in Vroon deal
    SSV sold for €15m at 'substantial profit'
  • Stolt-Nielsen profit tipped to rebound in fourth quarter as chemical tanker rates rise
    Third quarter will see dip after recent market weakness, Fearnley Securities forecasts
  • Broker Miller offers war risk insurance for Ukraine grain shipments
    New facility is backed by vessel tracking technology and Ukraine state
  • Shots fired as bulker fails to stop during drugs raid off Ireland
    Arrests made as veteran vessel Matthew boarded by naval forces
  • WinGD zeros in on first commercial ammonia engine delivery
    Discussions shifting from yards and engine makers to shipowners, charterers and fuel producers
  • Monjasa welcomes more trainees as it expands programme to Athens and Shanghai
    Danish fuel and tanker group takes on new recruits for the sixth year running
  • Resurgent offshore vessel markets approaching 10-year peak, Clarksons says
    Recovery for oil and gas support ships is well-set, but inflationary dangers lurk
  • Maritime Partners acquires AP Moller-Maersk's US-flag tanker arm
    Deal comes hot on the heels of acquisition of Jones Act tanker fleet from AMSC
  • Secondhand S&P market primed for Japanese sale-leaseback revival
    The cheap yen and plenty of liquidity should help refinancing deals get off the ground, shipbrokers say

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American Shipper web site
SEPTEMBER 27, 2023
  • Port Houston sees falling container traffic in August
    Cargo volumes were a mixed bag for Gulf Coast ports in August, with Corpus Christi and New Orleans reporting gains, while Houston saw a 20% decline in container shipments.
  • WestJet adds new cargo route to Havana
    WestJet Cargo and Lufthansa Cargo are connecting new cities to their narrowbody freighter networks.
  • August volumes fall 28% from year-ago highs at Port of Savannah
    The Georgia Ports Authority reported a dip in August volumes at the Port of Savannah. But volume increases for rail traffic and roll-on/roll-off cargo were bright sports for GPA last month.

››› File
FROM THE HOME PAGE
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
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