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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
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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