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24 January 2025 - Year XXIX
Independent journal on economy and transport policy
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March 30, 2023

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International Transport Journal web site
MARCH 30, 2023
  • Calgary's new transload hub to open next year
  • Ceva: high tech robots for Belgian hub
  • Boosting deployment of Volta Trucks
  • Developing Vietnam's container port capacity
  • VRR chooses Japanese distribution partner
  • AAL celebrating 25 years in China
  • A tough year for KLN
  • More connections to Trieste
  • Dnata chooses Phil McGrane for Brazil
  • ACCC: interim authorisation for Qantas and Emirates
  • Port of Brisbane's Zero Emissions Ride Day
  • Road services consistently positive
  • IRU: now it's up to the member states
  • "Curiosity of the Day"
  • Jaxport and Aruba sign MOU
  • Continuing expansion in Latin America
  • Felb restructures its management team
  • Black cat now gliding on path of innovation

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The Loadstar web site
MARCH 29, 2023
  • ONE becomes joint-owner of Seaspan Corp in $11bn takeover
  • Jittery US retailers remain cautious over their logistics commitments
  • Getting fresh at CH Robinson
  • Damning verdict on EC's 'unrealistic' plans for intermodal growth
  • Indian mango exports looking fruitful as transport costs start to fall
  • Marshall Islands in urgent talks with carriers after cargo is stranded by ban
  • Donkey business: the true legacy of Scott's collapse
  • Wan Hai crushes quit rumours by boosting transpacific service

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Marine Log web site
MARCH 29, 2023
  • VIDEO: Breakaway barges pile up against McAlpine Dam
    Shortly after 2 a.m. on March 28, 2023, a vessel towing 11 barges made contact with a stationary structure at the entrance to the Portland Canal near the McAlpine Lock and Dam,
  • DOE names 9 phase one winners in FLOWIN prize contest
    The U.S. Department of Energy today announced the Phase One winners of the FLoating Offshore Wind ReadINess (FLOWIN) Prize. Open to floating wind platform designers, fabricators, and project site developers, the three-phase
  • New MAN dual-fuel four-stroke passes TAT
    MAN Energy Solutions' MAN 49/60DF engine has received its Type Approval after a five-day program on the testbed at the company's Augsburg, Germany, headquarters. The Type Approval Test (TAT) of the new
  • VIDEO: Kiel launches autonomous ferry test vessel
    Stockholm, Sweden, is not the only European city aiming to get an autonomous passenger ferry into operation (see earlier story). Kiel, Germany, also has a boat in the water. That vessel is

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Container News web site
MARCH 29, 2023
  • Lomar Shipping appoints new technical director
    Lomar Shipping, the shipping subsidiary of the Libra Group, has announced that Marius Bujor will be its new technical director and will be based in the company's Bremen office. Bujor succeeds Stylianos Papageorgiou who has been promoted to the position of managing director of lomarlabs, a new venture to collaborate with deep-tech start-ups. Bujor has been with Lomar for eight years, having joined
  • CMA CGM adds Indian Subcontinent to congestion surcharge destinations from Mersin
    CMA CGM has announced a port congestion surcharge from Mersin, Turkey to the Indian Subcontinent due to current delays in the Turkish port. After CMA CGM's congestion surcharge announcement for a US$100 / dry container fee for every box transportation from Mersin, Turkey to several destinations worldwide, the French ocean carrier added Indian Subcontinent to the "destination pool of surcharge"
  • Container shipping asked to clean up its act in view of upcoming scrapping wave: NGO Shipbreaking Platform
    Triggered by overcapacity, lower freight rates and the new carbon regulations expected this year, numerous container ships will be sold for scrapping in the near future. In light of this foreseeable surge in the number of discarded boxships, the NGO Shipbreaking Platform has reached out to the largest companies of the sector demanding change in corporate policies and practices by encouraging the
  • Shipping industry organisations give guidelines for lithium-ion batteries container transport
    New guidelines for lithium-ion batteries container transport aim to reduce the growing associated risks. The Cargo Incident Notification System Network (CINS) and its partners have compiled a publication covering the properties of these batteries and their potential to explode, initiate fires and emit toxic gases. This publication is a result of a one-day conference conducted on 15 March by the I
  • Slow growth for major box ports in 2022
    The 30 busiest container ports in the world saw slower growth in 2022, as inflation and economic uncertainties capped consumer spending. Alphaliner's recent report, released today (29 March), stated that volumes at the 30 busiest ports rose by less than 1% year-on-year, to 454 million TEU in 2022. Gains were driven almost entirely by China and, to a lesser extent, the Middle East. Despite intermi
  • DP World to build new edible oil terminal in Berbera Port
    UAE-based port and terminal operator DP World started the development of a new edible oil terminal at the Port of Berbera in Somaliland. The purpose is to reduce supply chain costs and create vital local jobs, according to DP World, which has already agreed to a long-term lease for the facility. More specifically, the terminal will initially have a storage capacity of 18,000 tonnes, which will be
  • Wharf at Long Beach ITS terminal extended
    In early March, the Port of Long Beach and International Transportation Service (ITS) completed the US$55 million improvement project with the ITS terminal being capable of receiving larger container ships and enhancing efficiency. The Californian port extended Berth G236 by 75 meters, constructed new rock dikes, and upgraded anchored facilities at Berths G232 and G236. "With the opening of the B
  • JAXPORT refunded US$35 million for Jacksonville Harbor Deepening project
    The US Army Corps of Engineers (USACE) Jacksonville District presented JAXPORT with a US$35 million refund for unused prepayments from the recently completed Jacksonville Harbor Deepening project. JAXPORT is actively working with the City of Jacksonville and the State of Florida. Both of them contributed funding toward the project, to determine their share of the refund amount as outlined in the
  • Korean Register, Microsoft sign digital transformation agreement
    Korean Register (KR) signed a memorandum of understanding (MOU) with Microsoft Korea on 28 March to collaborate on digital transformation and enhance their technological capabilities, with the aim of leading the digital transformation of the shipbuilding and maritime industry. Through this partnership, a joint working group between the two companies will be established to collaborate on digital t
  • Packeta Group expands facilities to Adriatic region
    The Packeta Group, a global digital e-commerce platform, is expanding to the Adriatic with the opening of its seventh entity named Packeta Adriatic. More specifically, the new entity will start its operation in Slovenia and gradually take on new countries in the Adriatic region. According to Packeta Group, the Slovenian e-commerce market has experienced impressive growth in recent years during th
  • CMA CGM applies new overweight surcharge from Saudi Arabia to North Africa and Morocco
    CMA CGM announced an overweight surcharge (OWS) from the port of Jeddah in Saudi Arabia to North Africa and Morocco. The surcharge of US$100 / container will be applied to 20' dry boxes with a container gross weight equal to or over 16 tons. The French ocean carrier said the overweight surcharge from Jeddah to North Africa and Morocco will be effective from 10 April. The post appeared first on C
  • DP World opens reefer container facility in Sydney
    DP World announced the launch of Reefer World, a new one-stop refrigerated container facility in Sydney, which will offer a wide range of reefer cleaning and repair services to clients in Australia and New Zealand. The dedicated reefer facility is the largest of its kind in Sydney and one of the largest in Australia, providing a variety of reefer solutions, such as pre-trip wash, inspection, and
  • ZIM quits Pacific Southwest lane again as ZEX service axed
    ZIM will withdraw its eCommerce Xpress (ZEX) service, which was launched during the peak of the freight market in 2020, at the end of this month. The cessation of ZEX will mean that the Israeli liner operator will no longer have any calls in Los Angeles and will return to its traditional coverage of the Pacific Northwest and the US East Coast. According to container shipping consultancy Linerlyti
  • Far East Land Bridge increases fleet efficiency through Container xChange
    Far East Land Bridge (FELB), a railway operator with services between Europe and Asia, has found success in balancing its fleet and decreasing idle time through its collaboration with an online container logistics firm, Container xChange. With a fleet of 2,600 containers, FELB sought a solution to rapidly hire additional units during times of high demand and prevent vacant shifting costs during p
  • Georgia Ports invests US$170 million in new hybrid yard cranes
    The Georgia Ports Authority (GPA) has decided to spend US$170 million on 55 hybrid-engine rubber-tired gantry cranes to equip the Port of Savannah's Ocean Terminal during its transformation into an all-container facility. "This significant investment in new equipment will help prepare the Port of Savannah to handle more ships and cargo while maintaining the world-class service our customers have
  • Port of Valencia improves operability of hauliers
    The Port of Valencia has educated 2,592 hauliers working in the Valencian area with the ValenciaportPCS App for mobile devices. ValenciaportPCS is one of the first technological platforms or Port Community Systems in the world. This tool is used by approximately 1,100 firms and public agencies in the ports of Valencia, Sagunto, and Gandia in Spain. Every day, it handles more than 300,000 messages

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Splash web site
MARCH 29, 2023
  • Danish Shipping calls for new approach to tackle Gulf of Guinea piracy
    Following the boarding of a Monjasa product tanker offshore the Republic of Congo, the shipowners' organisation Danish Shipping has called for a new strategy to combat piracy in the West African region. The Liberian-flagged , owned by Danish bunker supplier Monjasa, was attacked by pirates late Saturday evening in the Gulf of Guinea while sitting ...
  • Transocean adds to semisub backlog with $113m worth of new deals
    New York-listed offshore drilling contractor Transocean has fixed two of its harsh environment semisubs, adding around $113m to firm contract backlog. The Swiss-based owner and operator of 37 rigs has sealed a deal with an undisclosed independent operator for the 2015-built Transocean Endurance to carry out a multi-well plug and abandonment campaign in Australia. The ...
  • SeaZip grows CTV fleet
    Harlingen-based SeaZip Offshore Service is expanding its fleet with the acquisition of a 24 pax crew transfer vessel from compatriot shipping company Groen. No price has been revealed for the 2020-built Green Waves, delivered by Damen Shipyards. The UK-flagged CTV will be renamed SeaZip 9 and sail under the Dutch flag in the future. Jan ...
  • Havfram Wind lines up Norfolk WTIV contract
    Norway's Havfram Wind has been appointed as the preferred wind turbine installation supplier for Vattenfall's Norfolk projects in the UK. The agreement covers transport and installation works over a period of three years, utilising one of the company's wind turbine installation vessels (WTIVs) under construction at CIMC Raffles Shipyard in China. Even Larsen, CEO of ...
  • Oil washes up 350 km away from where controversial Princess Empress went down in the Philippines last month
    One month on from its sinking, the oil spill from the Princess Empress continues to spread, with authorities warning that around 40% of the cargo in its ruptured tanks have yet to gush out into the seas off Mindoro island. The controversial ship sank on February 28 in stormy conditions off the island of Mindoro having lost ...
  • Norden moves into capesize segment
    Danish owner and operator Norden has marked its entry into the capesize segment this month by adding four ships through two separate deals. "With the move into capesize, Norden expands its offering to cover all dry cargo sizes, providing added value to our customers and partners globally," said Jan Rindbo, chief executive of Norden, adding: ...
  • Guidelines published for safe transport of lithium-ion batteries in containers
    The Lithium-ion Batteries in Containers Guidelines, published yesterday by several industry bodies, seek to prevent the increasing risks that the transport of lithium-ion batteries by sea creates, providing suggestions for identifying such risks. Extensive measures to safely transport what is an exponentially increasing volume of lithium-ion batteries, in their various states or charge and when ...
  • Cadeler firms up East Anglia wind turbine installation deal
    BW Group-backed offshore wind contractor Cadeler has inked a firm deal with ScottishPower Renewables for the transportation and installation of wind turbines at the East Anglia Three offshore wind farm in the UK. The firm contract follows a vessel reservation agreement the Denmark-based company struck with Iberdrola's subsidiary last July. Under the contract, the Oslo-listed ...
  • Are crude tankers headed for best year this century?
    Analysis contained in the March issue of Splash Extra published today suggests this is the best year this century for VLCC, suezmax and aframax owners. The in-depth look at the crude tanker trades in Q1 and projections for the rest of the year also feature the views and data from Braemar, BRS, Evercore, Lorentzen & ...
  • ADS Maritime gets into offshore with Tasik DSV stake
    Oslo-listed ADS Maritime is expanding its investment portfolio which in addition to tankers now includes an offshore vessel. The Terje Bodin Larsen-led company has picked up a 10% stake in the 2017-built dive support vessel (DSV) . ADS will act as the commercial manager with primary responsibility for following up Singapore owner Tasik Subsea's activities ...
  • Gulf Marine Services awarded pair of new contracts
    London-listed liftboat operator Gulf Marine Services (GMS) has won two new contracts for one of its vessels in the Gulf Cooperation Council (GCC) region. The UAE-based company with a fleet of 13 self-propelled self-elevating support vessels has fixed a small class vessel for a total duration of 272 days. The first contract is set to ...
  • Taylor Maritime Investments: Strong fundamentals ahead
    Edward Buttery, the chief executive of Taylor Maritime Investments and Grindrod Shipping, maintains a quietly bullish sentiment on handysize bulker rates, encouraged by recent market firming, with rates on the Baltic Exchange up by over 50% between February and March. "I expect the market to remain fairly firm for this year, next year and possibly ...
  • Lila Global adds two capes
    Anil Sharma's Lila Global has strengthened ties with COSCO, sealing its third deal this year with the Chinese state-run owner. The latest purchase marks a shift from wet to dry for Lila Global shortly after buying two VLCCs. Sources tell Splash that Lila Global has added two more capes, adding the 2006-built CHS Splendor, built ...
  • US Wind and Haizea Wind Group team up for new fabrication facility
    Baltimore-based US Wind, owned by Italy's Renexia, and Spain's Haizea Wind Group Management have formed a long-term partnership to manage and operate Sparrows Point Steel, Maryland's first permanent offshore wind factory in Baltimore County. The facility will manufacture steel components for the US offshore wind industry, including monopiles and towers. The Sparrows Point Steel facility ...
  • Crude tankers tipped to enjoy best year this century
    Analysis contained in the March issue of Splash Extra suggests this is the best year this century for VLCC, suezmax and aframax owners. All three sectors have pushed around the $100,000 mark during the first quarter, while asset prices remain hugely elevated. Nevertheless, not all analysts are willing to commit to the assertion that 2023 ...
  • FuelEeeeugh Maritime
    I'm a little torn about last week's news that the European Union is on the cusp of pushing through its FuelEU Maritime legislation, something Brussels politicians claim is the "world's most ambitious path" to decarbonising our industry. The rules will demand ships must cut ship emissions by 2% as of 2025 and by 80% as ...
  • March 2023 Review
    The European Parliament and Council reached a deal on what they claimed is the world's most ambitious path to maritime decarbonisation, asking to cut ship emissions by 2% as of 2025 and by 80% as of 2050. This would apply to ships above a gross tonnage of 5,000, and to all energy used onboard in ...
  • Tankers: Pop goes the weasel
    Oil prices stepped down $10 in March from around $85 to $75 per barrel as traders picked up on recession fears stemming from bank failures and rising interest rates. Even as the US Federal Reserve, the European Central Bank and the Bank of England raised rates again, gold ticked above $2,000 as investors sought havens ...
  • Bulkers: Piggy in the middle
    Brokers and traders became positively priapic during the middle weeks of March as the dry bulk freight markets shook off their Lunar New Year lethargy and felt the sap rising through Chinese steel markets. However, some enthusiasm was dissipated as the month wore on, with freight rate rises pausing, perhaps with one eye on President ...
  • Containers: The Grand old Duke of York
    Chinese containerised exports for February were a miserable $418m compared to $551m in January and nearly $1bn in February 2022. Even accounting for the Lunar New Year, this was a depressing number for Chinese exporters who will be hoping, as their factories reopen, for more buying from US customers this year. US liner industry analyst ...
  • Failing banks cap S&P activity
    In terms of absolute volumes it has been a relatively quiet month in the sale and purchase market, but, regardless, prices remain elevated. Across the board, owners have become nervous about the banks, brokers tell Splash Extra. "Capesize values have firmed this month as a result of recent transactions that have set the benchmark," said ...
  • Analyst Abstract
    Tankers "As anyone with the slightest insight into our industry will know, oil prices and tanker earnings tend to have an inverse relationship and this time is no exception," reads a typically punchy daily markets report from Lorentzen & Co earlier this week. One of the reasons that the Norwegian broker highlighted was that the ...
  • Banking uncertainty and shipping
    The turmoil in the banking system this month, coupled with new recession-related concerns, has sent shockwaves through global markets, raising fears of a new financial crisis and an impending loan crunch. The collapse of US mid-sized lenders Silicon Valley Bank (SVB) and Signature Bank, followed by the demise of 167-year-old Credit Suisse, have alarmed investors ...
  • Banking crises lead inexorably to shipping crises
    Andrew Craig-Bennett makes his return with some timely advice for owners. There might be a problem with banks, or there might not be. All we can say for sure, today, is that UBS has acquired the Greek private client business that used to be such a priz

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Lloyd's List web site
MARCH 29, 2023
  • Euronav tanker takes on Iran oil, says UANI
    Vietnam-flagged vessel Abyss purportedly took on an Iranian cargo in February in Iran while its vessel-tracking transponder was off. The...
  • Russia seeks China and India's support to accelerate Arctic ambitions
    The northern sea route has been high on the agenda during Russia's recent diplomatic dates with China and India. The...
  • Abuse of IMO vessel-numbering scheme and falsely flagged ships continues, committee hears
    Countries support an intersessional working group to define the due diligence required to use the IMO unique company and registered...
  • China Merchants Energy Shipping confident in strong tanker recovery
    The Shanghai-listed shipping giant saw net profit up more than 40%, largely backed by a strong tanker recovery
  • Lomar Shipping tech venture aims to 'make a real difference'
    Focus includes issues of safety and security, decarbonisation and the 'future of work'
  • Norway's leading car port seeks expansion to meet growing EV imports
    Norway's biggest vehicle port handled a record-high number of car imports in 2022, as the country ramped up electric vehicle...
  • China Merchants orders up to six methanol-fuelled PCTCs
    Company expects Chinese shipowners to enjoy a bright future in international ro-ro shipping backed by strong car exports from China
  • Attica agrees to buy ro-ro from CLdN Ferries for $13.4m
    CLdN has been expanding with modern tonnage
  • Nautilus highlights value of union membership
    'Working internationally, you can deliver for members wherever they reside and not engage in a race to the bottom in...
  • Royal Caribbean to upgrade newbuilding for methanol fuel operations
    Move by third-largest cruise vessel operator follows decision by RCCL's competitor, NCL, to amend propulsion systems of two 3,300 passenger...
  • Seacon Shipping eyes top 10 shipmanagers
    Largest shipmanagement firm in China raised $52m in Hong Kong IPO
  • Klaveness unit sets new environmental target
    Shipping is falling behind schedule on the IMO's 2030 targets 'as the choice and availability of new fuels, technology, and...
  • Meratus to offer smart container tracking
    Smart container devices have been available for some time. The momentum behind the technology is now picking up
  • A willingness to collaborate won't expedite decarbonisation
    Whether slow progress in digitalisation is holding back decarbonisation and whether the focus on newbuildings is holding back retrofit solutions...
  • Local carriers boost China-Russia Baltic box trades
    Newcomers to the China-Russian Baltic trade include Chinese logistics companies Torgmoll and Safetrans, and Russian forwarding company Transit LLC
  • The Ukraine effect: Lasting upheaval for shipping markets
    Chapter 3: Russia's invasion of Ukraine has had a profound impact on global trade, but the longer-term implications are only...
  • Lithium-ion battery transport guidelines published
    The use of lithium-ion batteries is growing fast. But so too are the associated fire risks
  • KSOE wins $518m contract to build two LNG carriers
    The latest contract brings the tally of newbuilding liquefied natural gas carrier orders in Korea Shipbuilding & Offshore Engineering to 10 this...
  • ICS publishes medical guide for use at sea
    New guide includes chapters on assessing mental health issues and communicating with telemedical services
  • Norden returns to big-sized bulk carriers
    In a previous foray, Norden had exited the capesize segment in early 2016 amid market lows to focus on the...
  • Shareholders complete deal to take Seaspan parent private
    Carrier joins other key shareholders in buying out remaining shares in Atlas. Delisted company will be better placed to navigate...
  • Daily Briefing
    Sanctions on Russia have 'weaponised' flags, says registry chief | Chinese leasing remains open for business | The Ukraine effect...
  • Norwegian car carriers differ over alternative fuel strategies
    Höegh Autoliners has been signalling its intention to start bunkering with alternative fuels in the next couple of years, while...
  • Malaysia's key port aims to raise capacity by 3.5m teu over five years
    Throughput fell in 2022 due to the situation in Ukraine, high energy prices in Europe and weak consumer demand

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The Journal of Commerce web site
MARCH 29, 2023
  • Teamsters taking more hardline approach toward LTL trucking employers
    The Teamsters union promises a tougher approach in contract talks with ABF Freight and TForce Freight, and is opposing major network changes proposed by Yellow, its largest freight employer.
  • April blanks from China grow as US import decline continues
    For ocean carriers, the decision to cancel sailings suggests they expect no rebound in trans-Pacific freight rates that are now at two-year lows.
  • Canadian National to boost transloading with new Calgary facility
    The project is the latest in a series of steps to address the imbalance between domestic and international intermodal volumes in Canada.
  • US outlook for second-half rebound of Asia imports darkens
    US big-box retailers are receiving fewer imports while inventories remain elevated and US consumer confidence teeters, boding poorly for a significant second-half rebound in Asia container imports, writes JOC Executive Mark Szakonyi.
  • New House shipping bill garners support from stakeholders
    The legislation aims for faster development of uniform data-sharing standards, while the co-sponsors say they were also motivated to protect US shipping interests from what they view as China's malign influence over the supply chain.

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TradeWinds web site
MARCH 29, 2023
  • Hornbeck Offshore wins US government contract that could swell to $39.5m
    Louisiana shipowner sees Military Sealift Command deal extended, with more in the offing
  • MR product tanker rates improve thanks to tight tonnage list in Atlantic
    Shipbroker reports just two MR fixtures helped ratchet up spot rates on Wednesday
  • Shipowners' Club starts to process Philippines tanker spill claims
    Wreck of sunken tanker lies at a depth of 400 metres with oil on board
  • Green Seas: 'Much remains up in the air' as IMO hurtles toward carbon crunch session
    Our weekly environment newsletter explores how the latest deliberations at the UN shipping regulator tee up a complex debate in July
  • Shipowners' Club starts to process Philippine tanker spill claims
    Wreck of sunken tanker currently at a depth of 400 metres with oil onboard
  • Fuel-cutting retrofits need 'holistic' approach to make sense, say experts
    Coatings and hull cleaning one of quickest ways to cut emissions but forward planning required if other technologies are being changed
  • Decarbonisation and digitalisation are opportunities to get more women into shipping, WISTA head says
    Shipping firms are no longer thinking about doing 'business as usual', Elpi Petraki says
  • Chinese ship finance chief Li Li pleads guilty to bribery charges
    Local news agency says top finance executive has admitted to charges at ship leasing corruption trial
  • Shipowners may one day be paid to keep on using toxic HFO no one else wants, BRS says
    Chairman Francois Cadiou envisages future where shipping is the last resort for polluting fuel
  • BRS' Cadiou says shipping is going backwards as vessels switch away from LNG fuel
    Dual-fuel vessels are relying more and more on polluting heavy fuel oil as gas becomes too expensive, shipbroker warns
  • Missing tanker: Danish Shipping says new solutions needed for Gulf of Guinea piracy
    Anne Steffensen says Monjasa Reformer boarding shows that coastal states do not have the resources to tackle ongoing problem
  • Andy Dacy counsels caution as world events have clouded JP Morgan's crystal ball
    Shipowner still likes LNG and dry bulk, but it's all complicated as sectors face geopolitical whirlwind
  • Pension funds rebel but Maersk bosses get big bonus increase past shareholders
    Chairman Robert Maersk Uggla says executives should see greater correlation between earnings and pay
  • China's Cosco Shipping inks $1bn deal for 20 wood-pulp carrier newbuildings
    Order spree almost wipes out 2025 delivery slots of one state-owned shipyard
  • Havfram hails major deals with Vattenfall and Orsted for new WTIVs
    At least two new installation ships now needed after big contracts agreed
  • Neda turns to China for fresh batch of bulker newbuildings
    Traditional Greek shipowner is inking a pair of kamsarmaxes at Chengxi Shipyard
  • Liner shipping stocks: The gift that keeps giving - but for how long?
    Stock prices and dividends keep rising despite a sharp fall in freight rates
  • Build the ships and the green methanol will come, Proman's Gajadhar tells owners
    Producer has no worries about supply despite Maersk going all-in to hoover up new sources of fuel
  • Copenhagen Commercial Platform launches emissions reporting tool 'for commercial people'
    Tech offering makes it easy to see where action should be taken to improve emissions performance
  • Debt-free Exmar turns in top dollar 2022 results
    FLNG unit sale and charter income boosted returns for Belgian gas specialist
  • Pandemic and war slows KCC's emission cuts but ambitious new targets set
    Combination carrier company's boss Engebret Dahm also urges the IMO to get its act together
  • ABB spin-off Accelleron looks to turbocharge cleaner marine fuels
    Swiss-based engine turbocharging company is developing the technology so they can run on methanol and ammonia, and even fuel cells
  • Odfjell on track for strong 2023 thanks to Russia-linked disruption
    Supply is squeezed as product tankers pull out of chemicals markets to exploit bumper oil freight rates
  • Anchor Ship Partners agrees business development plan with PowerX
    Ship finance specialist is looking for commercial opportunities for renewable energy in regional Japan
  • CII scores: a fantastic concept, clouded by a suboptimal metric
    Effective decarbonisation rules must focus on commercial drivers rather than the just vessel itself argues Andrea Olivi, global head of wet freight at Trafigura
  • Norden ramps up capesize presence with two more vessel buys
    Danish owner-operator bought two capes earlier in March and has completed its first bunkering of biofuels
  • Banks silent on future of $1bn DOF fleet after bankruptcy restructuring completed
    Group of lenders now in control of Norwegian offshore shipping company but are keeping quiet on their plans
  • Capital Gas linked to pair of LNG carrier newbuildings
    Rapidly expanding Greek shipowner said to have snapped up optional slot duo in South Korea bumping up its LNG fleet to 20 vessels
  • Seafarer loses leg in accident on Zim container ship in Argentina
    Crew member airlifted by helicopter
  • 'Strong buy': Fearnley starts KCC coverage with a bullish view on earnings
    Analysts believe dry and wet combination carriers will continue to enjoy the best of both worlds
  • Russia trade flows spell big profits for product tanker owners
    Vortexa says hauling Russian diesel is proving lucrative for long-haul trades to South America
  • ADS Maritime ventures into offshore with investment in dive support ship
    Norwegian company is diversifying away from tankers for the first time
  • CoolCo: LNG shipping's new kid on the block thinks big
    Backing from lead shareholder Eastern Pacific Shipping is a 'big differentiator' for the emerging shipowner
  • Missing Monjasa tanker seen 870 km from location of pirate boarding
    Contact has been lost with Monjasa Reformer, but crew made it to the citadel
  • Lomar Shipping names Marius Bujor as new technical director
    UK-based shipowner says new appointee has ability to lead from the front and adapt to new challenges

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American Shipper web site
MARCH 29, 2023
  • Hello, goodbye: Shipping's latest entries and exits on Wall Street
    The lineup of shipping stocks is in flux. There are multiple new listings as well as notable departures.

››› File
FROM THE HOME PAGE
Container traffic at the Port of Los Angeles grew by 19.3% last year
Los Angeles
In the fourth quarter alone the increase was +21.5%
HMM signs agreement with JNPA to collaborate on development of new Indian port at Vadhvan
Seoul
The port will have a container traffic capacity of 23.2 million TEUs
EU customs reform must make trade and business easier
Brussels
23 organizations underline this in a joint statement
Launch in Ancona of the luxury cruise ship Four Seasons I
Trieste
Fincantieri to deliver the unit to Four Seasons Yachts at the end of 2025
Launch event in Brussels of the European Maritime Skills Forum
Brussels
In 2024, the port of Tanger Med handled a record traffic of 10.2 million containers
Anjara
New peaks also in other business segments
South Korea's KSOE wins order to build 12 18,000 TEU containerships
Seoul
HD Hyundai Heavy Industries' turnover increased by +21.1% in 2024
Fire breaks out on the Rospo Mare B oil platform off the coast of Vasto
Rome
There were no injuries or traces of pollution in the sea
Galaxy Leader Sailors Freed
London
Today the 25 crew members left Yemen on board a plane
Contract with Russian company that managed Syrian port of Tartous terminated
Damascus
The agreement included investments of 500 million dollars
Brussels OKs DP World-Arcese Automotive Joint Venture
Brussels
Initially, the activity will be carried out in France and Poland
Royal Caribbean orders sixth Edge-class cruise ship at Chantiers de l'Atlantique
Miami/Saint Nazaire
It will be taken over in 2028
Louis E. Sola is the new chairman of the Federal Maritime Commission
In 2024, ship transits through the Suez Canal decreased by -50%
Ismailia
The total was about 13,200 units compared to over 26,400 in 2023
Uiltrasporti urges to restore measures to support rail freight transport
Rome
Definitive cancellation of the 65 million fund from the Budget Law
The Trump unknown also weighs on the Panama Canal
Washington
While the tycoon dreams of taking it over with weapons in hand, a bill proposes to start negotiations with the Panamanian government
FSG bankruptcy trustees announce interest from multiple investors in shipbuilding group
Rendsburg/Flensburg
These are German companies operating in the same sector
Port of Long Beach closes 2024 with new annual, half-year and quarterly container traffic records
Long Beach
Total freight traffic also reached a new historical peak during the year.
The Biden administration's latest move is to accuse China of seeking dominance in the maritime, logistics and shipbuilding sectors
Washington/Beijing
Harsh reaction from Beijing's Ministry of Commerce and the China Shipyards Association
The AdSP of the Central Tyrrhenian Sea confirms the commitments made towards its employees
Naples
The organization hopes "that a climate of relaxation can be restored"
Uniport, exemption from compulsory insurance for vehicles used in port terminals is a good thing
Rome
Hanoi government authorizes initial investment for new port planned by MSC and VMC
Hanoi
Vietnam Port Development Plan to 2030 Approved
Filt, Fit and Uilt announce a resumption of the strike of the workers of the AdSP of the Central Tyrrhenian Sea
Naples
New protest action scheduled to start on February 3rd
Annual container traffic at PSA port terminals exceeds 100 million TEU for the first time
Singapore
Record in both Singapore and overseas terminals
Confitarma calls for the urgent reinstatement of the rule on simplified recruitment of seafarers
Rome
Sisto: Simplification has proven to be an important step forward for the sector
Sharp drop of -17.1% in freight traffic in the port of Taranto in 2024
Taranto
In the last quarter alone the decline was -3.0%
Container traffic in Hong Kong port decreased by -4.9% in 2024
Hong Kong
In the fourth quarter alone, 3.5 million TEUs were handled (-2.7%)
New NATO mission to strengthen protection of undersea infrastructure in the Baltic Sea
Mons
The use of a small fleet of naval drones is also planned
In 2024, the port terminals of China's CMPort handled a record container traffic
Hong Kong
The total was 146.3 million TEU (+6.4%)
Yang Ming also renews service between Western Mediterranean and US East Coast
Keelung
In Italy stopovers in Salerno, La Spezia, Genoa and Vado Ligure
Twelve associations call for agreeing on measures to improve rail capacity management in the EU
Brussels
Genoa Port Terminal, green light for provisional concession until next June 30
Genoa
The Management Committee of the Western Ligurian Sea Port Authority has unanimously decided this
In 2024, passenger traffic managed in Genoa by Stazioni Marittime decreased by -4.4%
Genoa
Ferries stable and cruises down -9.8%. Cruise activity expected to increase in 2025
CMA CGM to remove Livorno calls from Amerigo service, replacing them with calls at Salerno
Marseille
New configuration in line with that of the Ocean Alliance partners
From April, Ocean Alliance ships will call at seven Italian ports, four of which will be visited only by COSCO/OOCL
Shanghai/Hong Kong/Taipei/Marseille
Salerno will enter and Livorno will exit the new configuration of the containerized maritime services network
Leonidsport (Louis-Dreyfus family) submits offer to acquire 21% of Thessaloniki Port Authority
Athens
The expected investment is up to approximately 57 million euros
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
The unions confirm the three-day strike of the workers of the AdSP of the Central Tyrrhenian Sea
Naples
The protest action is scheduled for January 31, February 3 and 4.
Rolls-Royce wins record contract for Royal Navy submarine fleet
London
Eight-year, £9bn contract
Transported, the DURC in road transport is used to avoid paying for services
Rome
The rules - the association denounces - are openly violated by the clients
Kombiverkehr restores rail link between Lübeck port and Verona
Frankfurt am Main
Schedule two departures per week in both directions
AD Ports signs deal to build logistics park at Alexandria Port
Cairo
The business will be developed with the Holding Company for Maritime and Land Transport
The Panama Canal is and will continue to be Panamanian
Davos
This was underlined by the president of the Central American nation, José Raúl Mulino
Autamarocchi acquires control of Dissegna Logistics
Trieste
The Rossano Veneto company operates in the intermodal transport sector
Rubboli (Assologistica): Italian ports need more efficient and coordinated governance
Milan
Port of Ravenna, incentives for the purchase of "green" port vehicles
Ravenna
Maximum ceiling of 300,000 euros for each beneficiary
20% of Omani Asyad Shipping Company's capital up for sale
Muscat
Listing on Muscat Stock Exchange expected
Order to Circle for the management of data relating to rail and intermodal traffic of a port
Milan
ANSFISA adopts guidelines for the assessment and risk management of the rail transport of dangerous goods
Rome
Over 217 kilos of cocaine seized in the port of Livorno
Leghorn
They were hidden in a container containing wood from South America
Merlo leaves the presidency of Federlogistica to Davide Falteri
Rome
Logistics - he underlined - is one of the drivers of the national economic system
Germany is studying a network of floating terminals for the import of clean hydrogen
Berlin
Memorandum of understanding signed by SEFE and Höegh Evi
The executive design service for the reclamation of the Molo Italia seabed in La Spezia has been awarded
The Spice
Fratelli Cosulich orders fourth methanol-ready unit
Genoa
It will be built by Taizhou Maple Leaf Shipbuilding
In Spain, a logistics network for rail transport of biofuel to ports is being studied
Madrid
Agreement between Adif and the Exolum Group
MSC Interested in Starting Shipbuilding and Repair Business in India
Gurgaon
Comparison with the naval engineering company Swan Defence And Heavy Industries
Luka Koper has ordered four new rubber-tyred gantry cranes from Konecranes
Coper
They will be the first vehicles powered exclusively by electricity at the Slovenian airport
LNG and bio-LNG bunkering vessel arriving at the port of Genoa
Genoa
It will be able to provide both "ship-to-ship" and "ship-to-truck" services
Last year, cargo traffic in Russian ports decreased by -2.3%
St. Petersburg
The largest volume of cargo, exports, fell by -1.9%
Höegh Autoliners secures two multi-year contracts for car transport
Oslo
Agreements with two car manufacturers with which it has been collaborating for years
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Malta sees record cruise traffic in 2024
Florian
357 ships docked for a total of over 940 thousand passengers
Cavotec to provide electrification systems and technologies for Italian ports
Lugano
Three orders worth a total of seven million euros acquired
Pirate attacks on ships decreased by -3% last year
London
In the last quarter, an increase of +76% was recorded
COSCO Shipping Ports Sets New Annual and Quarterly Container Traffic Records
Hong Kong
In the whole of 2024, 111.9 million TEUs were handled (+5.7%)
Alberto Maestrini (VARD) elected President of SEA Europe
Brussels
The association represents the European shipbuilding industry
Molo Brin areas in Olbia handed over to Quay Royal
Construction of a marina for mega yachts is planned
Port of Singapore Sets New Container and Non-Oil Bulk Records in 2024
Singapore
The Asian port handled a total of 622.7 million tonnes of goods (+5.2%)
The Italian Maritime Academy Technologies has acquired a new technical headquarters
Castel Volturno
Includes a 37-meter, 100-ton command bridge with 1:1 scale operating environments
A huge load of 110 kilograms of cocaine seized in the port of Gioia Tauro
Reggio Calabria
If placed on the market, it could have earned criminal organizations 20 million euros
Unifeeder triples its market share of intra-Mediterranean container services
Dubai
Fincantieri Completes Acquisition of Leonardo's Underwater UAS Business
Trieste
The 287 million euro fixed component of the purchase price was paid today
Wallenius Wilhelmsen to operate ro-ro terminal at Port of Gothenburg
Oslo/Gothenburg
12-year concession contract
The Bulgarian Shipowners' Association has joined the European Community Shipowners' Associations
Brussels
BSA is the twenty-second member of the European Shipowners' Association
Strike by Central Tyrrhenian Sea Port Authority staff suspended
Naples
The meeting between the unions and the general secretary of the port authority was a success
Mercitalia Rail begins rail transport from Reggio Calabria of trains for the Milan Metro
Reggio Calabria
They are approximately 106 metres long and weigh over 180 tonnes.
PSA Venice - Vecon achieves gender equality certification
Genoa
It is the first Italian container terminal to obtain the certification
Maria Teresa Di Matteo, head of the Department for Transport and Navigation, has passed away
Rome/Gioia Tauro
Mattioli: it was an important point of reference for the entire Italian maritime cluster
Green logistics, the Northern Tyrrhenian Sea Port Authority extends the deadline for the tender
Leghorn
It awards non-repayable grants up to a maximum amount of 300,000 euros
Medcenter Container Terminal orders 20 new hybrid struddle carriers from Kalmar
Helsinki
They will be delivered within the first quarter of 2026
The intermodal service connecting the Italian terminal of Melzo with the Dutch one of Moerdijk has started
Melzo
Three weekly circulations operated, which will increase to four from April
COSCO expects to close 2024 with +95% growth in net profit
Shanghai
EBIT expected at 69.9 billion yuan (+90.7%)
Catania-based F.lli Di Martino has acquired 160 new loading units produced by Piedmont-based SICOM
Cherasco
This year the Cherasco company celebrates 50 years since its foundation
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 annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Kuwait approves Chinese company for port operations
(AGBI - Arabian Gulf Business Insight)
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Uiltrasporti Campania accuses the heads of the AdSP of the Central Tyrrhenian Sea of having assumed a provocative and totally closed attitude
Naples
Attempt - the union denounces - to downplay the real reasons for the strike
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
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