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October 3, 2024

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Exim India web site
OCTOBER 3, 2024
  • Winwin Group celebrates a decade of excellence in global shipping
  • Sushil Kumar Singh assumes additional charge as Chairperson of MbPA
  • Sanjay Dalvi to steer MANSA as its new President
  • BCBA's newly elected Office Bearers and Managing Committee members for the term 2024-2026
  • US port workers strike begins, first shutdown in 50 years
  • CBDT extends specified date for filing of various reports of audit for Assessment Year 2024-25
  • Global schedule reliability remains stable at 50%-55% in 2024
  • You Ask We Answer
  • Karaikal Port tariff revision
  • Etihad Cargo celebrates 20 years of successful operations in India
  • Autumn festivals cause mid-Sept. dip in tonnages from Asia Pacific

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International Transport Journal web site
OCTOBER 3, 2024
  • "A vital and direct role"
  • More trains to and from Hungary
  • Dokasch expands global network
  • ID Logistics France picks sales director
  • Trialling alternative drives and fuels
  • Reber reaches North-Rhine Westphalia
  • Container market faces steep Q3 rate drops
  • Back on track
  • EU-Ukraine 'solidarity lanes' are a lifeline
  • New ships in DP World fleet promise fuel savings
  • Aircraft acquisitions in Asia Pacific
  • "Curiosity of the Day"

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The Loadstar web site
OCTOBER 2, 2024
  • Deutsche Bahn supervisory board approves DSV bid for DB Schenker
  • APM Terminals extends Aqaba operating concession to 2046
  • Tight capacity and rates surge could mean you must 'pay to play' in airfreight as strike continues
  • Box lines declare force majeure as White House defends ILA
  • Kuehne CEO Paul against DSV's M&A and 'two of a kind' syndrome
  • Airlines scramble to avoid Middle East airspace as missiles fly
  • Trucking capacity and storage costs under pressure as shippers re-route cargo
  • Charter market could be the big winner of USEC port shutdown
  • Amazon offers capacity on Prime Air - including charters
  • AI series: don't be fooled by serious-seeming people with serious-seeming plans
  • East coast containership logjam builds as vessels steam in

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Marine Log web site
OCTOBER 2, 2024
  • ILA: "this is what it will take to bring us back to the table"
    As the strike by the International Longshoremen's Association (ILA) that has closed U.S. East and Gulf Coast ports continued into its second time, there seemed to be no signs of a breakthrough
  • New tug: Enter the KST Dragon
    Robert Allan Ltd. reports that the KST Dragon, a RAmparts 2500-CL ship handling and escort tug, arrived in her home port of Singapore last month and will soon commence operations for KST
  • Navy takes delivery of future USS Beloit (LCS 29)
    The U.S. Navy accepted delivery of the future USS Beloit (LCS 29) from Lockheed Martin at the Fincantieri Marinette Marine shipyard in Marinette, Wis., Sept. 30. Beloit is the 15th Freedom-variant Littoral
  • Regal RexnordTM Powertrain Solutions Marine Winch Design Simplifies Components by 58%
    SPONSORED CONTENT: An international engineering technology company that strives to develop unique, innovative, sustainable products for their customers approached Regal Rexnord through our "Ask an Expert" feature on our Powertrain Solutions site.

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Container News web site
OCTOBER 2, 2024
  • New cranes to increase Salalah Port capacity to 6 million TEUs by year-end
    Oman's Port of Salalah has received new hybrid cranes aiming to improve cargo handling efficiency. The four new hybrid Rubber Tyred Gantry (RTG) cranes, part of a multi-million dollar investment, join 24 other cranes at the Port of Salalah, including fully electric Ship to Shore assets. Port of Salalah is expected to receive another eight hybrid RTG cranes. The new assets employ a regenerative en
  • Kalmar enhances Grimaldi's RoRo operations with heavy terminal tractors
    Kalmar has finalized an agreement to provide Grimaldi Group, an Italian maritime logistics operator, with three heavy terminal tractors. These machines will be utilized on the new Motorway of the Sea, a Ro-Ro transport system linking the ports of Trieste in Italy, and Ambarli in Turkey. The order was recorded in Kalmar's Q3 2024 order intake, with the machines expected to be delivered within the
  • Market Analysis: Big Four near 60% of global container capacity
    The four largest container shipping companies collectively control 57.5% of global container capacity, with over 17.5 million TEUs. In fact, their dominance is so significant that these four carriers - directly or indirectly - shape the container shipping landscape, wielding the ability to heavily influence supply on key routes, container freight rates, and the broader shipping industry. This con
  • Kalmar cuts two members from Leadership Team
    Kalmar continues to proceed with the execution of its strategy, launched in May 2024, and plans to review its current operating model. The composition of the Kalmar Leadership Team will also change in conjunction. In particular, François Guetat, SVP of Integrated Supply Chain and Marika Väkiparta, SVP of Transformation are no longer be part of the leadership team, effective from 1 October 2024. T
  • Maersk nears 'Equal At Sea' 2027 Goal in India
    A.P. Moller-Maersk has announced a major milestone in its 'Equal At Sea' initiative in India. In 2024, women now make up 45% of the Nautical and Engineering cadets onboarded, bringing the company closer to its goal of equal gender representation among cadet intakes by 2027. Launched in 2022, the 'Equal At Sea' initiative is now in its third year and has seen impressive success in India. The progr
  • Logistical consequences of strikes in American ports: Expert commentary
    The strike, which began on 1 October, affected 36 American ports on the East Coast and in the Gulf of Mexico, stretching from Maine to Texas. This protest will undoubtedly impact global supply chains. These terminals play a significant role in international trade, serving as key hubs for the transportation of goods to and from Asia, Oceania, and Europe, including trade with Poland. States like Te
  • DP World expands Marine Services fleet with two new boxships
    DP World has expanded its Marine Services fleet with the addition of two newly built vessels, Navios Utmost and Navios Unite. These vessels were officially named during a ceremony at the Changhong shipyard in Zhoushan, China. "Investing in these state-of-the-art vessels underlines DP World's unwavering commitment to driving sustainability and operational efficiency across the global maritime sect
  • Transhipment flow at India's Vizhinjam Port rockets ahead of official terminal opening
    The Adani Group seems poised to replay its tested business magic at Vizhinjam Port, a project designed to realise India's long-time container hub activity ambitions. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Jenny Daniel Global Correspondent Contact email: j.daniel@container-news.com If you liked this post, please consider donating The post appeared f
  • Wilhelmsen Ship Management announces CEO transition
    Wilhelmsen Ship Management has announced the retirement of Carl Schou, who steps down after 19 years with the company, including 16 years as CEO. Throughout his leadership, Schou successfully guided the company through industry challenges, driving a culture of safety, innovation, and growth. Effective 1 January 2025, Haakon Lenz, the current Chief Operating Officer, will take over as CEO. During
  • Biden tells USMX to settle US East Coast dispute
    President Biden has urged port employers on the US East Coast to offer dockers a fair wage as the country braces for a damaging strike, while the union and employers trade accusations of failing to negotiate. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Mary Anne Evans Correspondent at Large If you liked this post, please consider donating The post appea
  • Red Sea crisis could lead to overcapacity in Egyptian ports
    With many container terminals opening in Egypt in recent years, there could be overcapacity if the Red Sea crisis continues and mainline operators shy away from the Suez Canal, according to Alphaliner's report. In 2023, Egyptian container ports processed around 8.37 million TEUs, of which 88% passed through Alexandria, El Dekheila, Damietta and Port Said. Last year's volumes were, however, largel
  • PIL unveils sustainability report for 2023
    Pacific International Lines (PIL) published the Environmental, Social, and Governance (ESG) report for 2023 , underscoring a robust commitment to pioneering greener shipping solutions, enhancing community engagement, and fortifying governance and ethical standards. Amid the global push towards decarbonization, PIL has anchored its environmental efforts in the International Maritime Organization's
  • Marsh, Tokio Marine Kiln introduce market-first trade disruption facility for ports and terminals
    Marsh and Tokio Marine Kiln (TMK) have unveiled a groundbreaking insurance facility for ports and terminals, offering coverage for business interruption caused by trade disruptions. This exclusive product, developed by Marsh's Marine Cargo & Logistics team in collaboration with Tokio Marine Kiln and led by Ed Parker, TMK's Head of Special Risks, is available globally to Marsh clients. The standal
  • Intermodal Transportation Solutions: Revolutionizing the Way Goods Move
    In an increasingly globalized world, the need for efficient, cost-effective, and sustainable transportation has never been greater. As businesses strive to optimize their supply chains, intermodal transportation solutions have emerged as a key strategy for moving goods seamlessly across various modes of transport. This method leverages the strengths of different transportation modes-such as rail,
  • CMA CGM applies overweight surcharge from India, Sri Lanka, Middle East Gulf and Djibouti to Europe
    French ocean carrier CMA CGM has notified its customers of an an Overweight Surcharge (OWS), effective from 1 October 2024 (based on the gate-in date) until further notice. The surcharge will apply to shipments originating from India, Sri Lanka, the Middle East Gulf, and Djibouti, destined for North Europe (including Scandinavia, Poland, and the Baltic), East and West Mediterranean, Adriatic, Bla
  • PSA Belgium accelerates shore power installation at Europe Terminal
    PSA Belgium announced that its Europa Terminal at the port of Antwerp-Bruges will have an advanced shore power installation by 2026. With a capacity of 7.5 megawatts, up to 100 container ships will be able to switch to green power each year, resulting in a CO2 reduction of more than 10,300 tons, which is equivalent to the annual emissions of about 625 average households in Europe. "This €10 milli
  • Container spot rates experience steepest decline in non-Covid year
    "The Shanghai Containerized Freight Index (SCFI) fell another 10% in week 39. In total, the SCFI has dropped 43% during the third quarter, the largest Q3 drop in a year not affected by the COVID pandemic (2020-2023) since the SCFI was launched in October 2009," stated Niels Rasmussen, Chief Shipping Analyst at BIMCO. The only third quarter to see a bigger decline in spot rates was in 2022 when a
  • Shippers to Shift to West Coast and Air Freight Solutions Amid Ongoing ILA Strike
    The long-anticipated ILA port worker union strike across US East Coast and Gulf ports began Monday night at 12:01 am after the ILA and USMX failed to come to an agreement before the deadline. In the last few days, the White House and other government officials had been urging both sides to return to the negotiating table, with USMX leadership reportedly meeting with the Biden administration late
  • Impact of Geopolitical Tensions in South China Sea on Major Container Lines and Regional Ports
    As South China Sea remains a key global region for maritime trade, Container News decided to analyze and synthesize the available information and give insights about how increasing geopolitical tensions in the South China Sea affect global shipping companies and the operational dynamics of major regional ports, which serve as crucial subsystems in the global trade network. The analysis took into
  • Hapag-Lloyd updates Emergency Space Contigency Surcharge from North Europe to West Africa
    German ocean carrier Hapag-Lloyd has announced an update on the Emergency Space Contingency Surcharge (ESC) for all container types implemented from 1 August. Effective from 1 November, the updated ESC will be €350 per container from North Europe (Germany, Netherlands, United Kingdom, Belgium, France, Poland, Denmark, Sweden, Ireland, Norway, Finland, Lithuania, Czech Republic, Hungary, Latvia, A

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Splash web site
OCTOBER 2, 2024
  • New safety standards to handle rising EV shipments
    VIRSEC, who have developed the course Lithium-Ion Battery Safety on Ships for Seafarers in partnership with Mariner House, provide advice to avert more accidents related to electric vehicle transportation. Imagine a cargo ship carrying hundreds of electric vehicles suddenly engulfed in flames due to a single battery malfunction. As the flames spread, the crew faces ...
  • Carl Schou steps down from Wilhelmsen Ship Management
    Wilhelmsen Ship Management today announced the retirement of Carl Schou after 19 years of service, including 16 years as CEO. Haakon Lenz, currently serving as COO, will assume the role of CEO on January 1. Lenz started his career in DNV and has a background as a naval architect before moving into shipmanagement for V.Ships ...
  • Petrobras expands into South Africa
    Brazilian state-owned oil and gas major Petrobras has moved to acquire a 10% stake in the offshore Deep Western Orange Basin (DWOB) oil block in South Africa. The DWOB block is located in deep waters in the Orange Basin, where there have recently been significant discoveries by TotalEnergies, Shell and Galp. "The purpose of the ...
  • Presidential election obscures port resolution on US east coast
    Day two of the dockworker strike across America's eastern seaboard sees little chance of an early end to the industrial action that is seeing queues forming outside many of the country's largest ports. With union leaders heavily framing the impasse about foreign port operators profiteering neither political party in the US in this election year ...
  • Seacon in for more MR tanker newbuilds
    China's Seacon Shipping continues to expand its footprint in the tanker segment with four additional MR product carrier newbuildings. Shipbuilding sources suggest the Hong Kong-listed diversified owner and operator has struck a joint venture deal with Huanghai Shipbuilding, called GHC Shipping, for a 50,000 dwt quartet set to deliver in 2026. No price has been ...
  • Pleiades Shipping inks LR1 newbuilds in China
    Greek tanker owner Pleiades Shipping is rejuvenating its LR1 fleet with orders for up to four newbuilds in China. Brokers in Greece report the Kifissia-based company has contracted New Times Shipbuilding for two firm 73,000 dwt units costing about $55m each and secured options for two more ships. The firmed-up LR1 pair is scheduled for ...
  • ArcelorMittal lets go of two kamsarmaxes
    Two kamsarmaxes controlled by steel producing giant ArcelorMittal are widely reported sold by brokers. The 83,000 dwt pair - AM Hamburg and AM Quebec - were built for ArcelorMittal 11 years ago at New Times in China. Brokers report they have been sold en bloc for $37m to unspecified Chinese buyers. ArcelorMittal has an asset-light ...
  • New Jersey offshore wind project gets federal sign off
    The US Bureau of Ocean Energy Management (BOEM) has granted final approval for the construction and operation of the Atlantic Shores South wind project plan off the coast of New Jersey. The scheme covers two wind energy facilities with a combined capacity of up to 2.8 GW, enough to power nearly 1m homes. Subsequent to ...
  • Oceaneering scores US Navy contract
    Houston-based offshore contractor and subsea robotics specialist Oceaneering has secured a multi-million dollar contract to build an autonomous underwater vehicle (AUV) and establish an onshore remote operations centre for the US Navy. The deal will see Oceaneering leverage technology originally developed to support the offshore energy sector. The AUV called Freedom will be built at ...
  • New Shanghai containerline starts operations
    A new Chinese container line based out of Shanghai has commenced calls across northeast Asia. STF Shipping offers three container services linking China with South Korea and Russia's Far East, taking over from where Dubai-based CStar Line previously operated. CStar quit the route in August. STF operates six ships ranging in size from 1,100 to ...
  • Sarens forms US offshore wind partnership
    Belgian heavylift specialist Sarens has joined forces with Empire Energy Partners' offshore division to work together on US offshore wind projects. The two companies said they aim to meet the increasing demand for domestic offshore wind projects by offering an integrated solution. The US-based Empire Energy Offshore will lead as the primary EPC contractor, while ...
  • Hapag-Lloyd contracts two Chinese yards for boxships worth up to $5.25bn
    Hapag-Lloyd has selected two Chinese yards for its next fleet expansion, orders that total $5.25bn if all options are exercised, making it one of the largest containership orders in history. Broker Intermodal reports the German carrier has contracted Yangzijiang Shipbuilding to build 10 firm plus five options 17,000 teu LNG dual-fuelled ships, costing $210m each. ...
  • Bulk carrier grounds in super typhoon off Taiwan
    Authorities in Taiwan deployed a number of helicopters yesterday to rescue all the crew onboard the Blue Lagoon, a Barbados-flagged, 79,500 dwt bulk carrier, which ran aground in a super typhoon on Orchid Island, off the east coast of Taiwan, with fears growing of a possible oil spill. The 229 m long bulk carrier is ...

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Lloyd's List web site
OCTOBER 2, 2024
  • Pacific $150 levy gets top mark among IMO proposals, research group says
    The research group rated the Pacific Islands' levy proposal the highest among candidate mid-term economic measures, while China's proposal was not...
  • How US port strike could unintentionally boost shipping profits
    The decline in container shipping rates since July should theoretically be reversed by the ILA strike at US east and...
  • Daily Briefing
    Highly unusual shipment from occupied Crimea a major red flag, say security experts | Biden backs dockworkers union as the...
  • Ofac hands out more sanctions as it targets Houthi weapons smuggling
    Marshall Islands-based Gemini Marine has seen two of its vessels sanctioned by Ofac and has ended up on the Specially...
  • Container rates show biggest third-quarter fall in non-Covid year
    BIMCO chief shipping analyst Niels Rasmussen says medium- to long-term freight rates are a cause for concern for carriers, despite...
  • Baltic Dry Index begins to flatten after peak: Seasonality or cause for concern?
    Analysts suggest the drop is a result of a weak panamax segment and a return to normal after Beijing's stimulus...
  • MEPC82 split over food security concerns
    The IMO's climate talks were dominated by debates over what carbon pricing would do to poor states' food security, with...
  • Crew of grounded bulker rescued during typhoon
    Barbados-flagged bulk carrier Blue Lagoon was carrying 67,500 tonnes of iron ore as well as 227 tonnes of fuel oil...
  • Highly unusual shipment from occupied Crimea a major red flag, say security experts
    The shipment is the latest example of Russia being willing to use deceptive practices to sustain the transport of suspicious...
  • US transport secretary calls on carriers to withdraw strike surcharges
    Federal Maritime Commission will be assessing whether any charges put in place are 'legitimate and lawful'
  • MEPC82 will deliver on time, IMO chief insists
    IMO secretary-general Arsenio Dominguez said the IMO can come up with greenhouse gas regulations on time, saying proposals can still...
  • IMO to tighten NOx emission rules
    The IMO says it will tighten NOx regulations as several member states and NGOs express worries about high NOx emissions
  • Evergreen sells more vintage boxships for further trading
    As the values of secondhand containerships have risen, sellers of secondhand containerships are able to secure higher prices for selling...
  • Cosco ship evacuates Chinese from Lebanon as Middle East tensions flare up
    Move comes as tensions in the Middle East continue to escalate, with growing concerns over the possibility of a direct...
  • Hengli Heavy Industries eyes Shanghai listing via reverse takeover
    The disclosed restructuring plan, though still facing uncertainties, hints at Hengli's intentions for a backdoor listing

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The Journal of Commerce web site
OCTOBER 2, 2024
  • Political winds turn against ocean carriers amid ILA strike
    The Biden administration's message of support for striking longshore workers - and inferring of carrier price gouging - shuts down any hopes for a federal government intervention in the short term, writes Journal of Commerce Executive Editor Mark Szakonyi.
  • Domestic intermodal rate pressure building on stronger truck pricing
    Shipping executives say domestic intermodal rates are set for a rise as trucking pricing expands, however, they're not expecting significant increases.
  • Window to divert strike-affected imports to West Coast closing soon
    If the International Longshoremen's Association (ILA) strike continues past next week, shippers say they will likely book more freight through West Coast ports, rather than risk being caught up in logjams at East and Gulf Coast ports.
  • Government, board approvals clear way for DSV-DB Schenker merger
    Deutsche Bahn's supervisory board approved DSV's $16 billion acquisition of rival forwarder DB Schenker despite opposition from union members on the board.
  • Carrier order books, alliance changes signal continued reliance on scale
    In container shipping, size still matters, evidenced by carriers continuing to expand their fleets, consolidate and form vessel-sharing alliances, writes Shipping Masters Managing Director Jeremy Masters.
  • House Republicans, shippers up pressure on Biden to stop US port strike
    Several groups are calling on the White House to invoke the Taft-Hartley Act to stop the International Longshoremen's Association (ILA) strike that began at midnight Tuesday morning.

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TradeWinds web site
OCTOBER 2, 2024
  • Video purports to show Houthi sea drone hitting suezmax in Red Sea
    Footage published on social media is in line with official description of incident that took place early Tuesday
  • Who is Harald Daggett, the F-bomb-dropping union leader who has threatened to 'cripple' America?
    Vietnam War veteran with union in his blood puts the power of organised labour back in the spotlight
  • Biden calls for wages hike as Trump blames for historic port strike
    US president's pro-union stance shines through as predecessor also expresses sympathy for dockworkers
  • 'Unintended' hit: Houthis likely struck Greek bulker while chasing another vessel
    Modion Maritime panamax remains immobile in the Red Sea, a day after suffering damage from Houthi missile
  • 'Chaos is expected': Charter rates could rise for container ships as strike hampers key trades
    Box volumes from Latin America and Europe will be hard to divert
  • Densay Shipping makes tanker newbuilding debut as plan for 'sizeable modern fleet' revealed
    UAE-based outfit led by Tayfun Gunerhan picks Wuhu Shipyard for its first tanker newbuildings
  • Panamax bulkers still waiting for market upturn as recovery pushed out to 2025
    Third and fourth quarters are usually the seasonally strongest time of the year for the segment
  • US targets tanker owner over 'oil shipments funding Houthi attacks'
    US Treasury claims Marshall Islands-based owner's ships have hauled Iranian and Russian cargoes
  • Stolt-Nielsen expects port strike to hit tank containers business
    Exact financial impact tough to gauge in day two of labour action
  • Stolt-Nielsen's chemical tanker earnings to fall, but how much remains to be seen
    Chief executive Udo Lange sees a volatile market while giving a range for how much the dip can be
  • MISC inks LNG carrier newbuilding pair for parent Petronas
    Petronas subsidiary renegotiates charters with parent on five steam turbine vessels
  • NNPC charters Stena Sonangol suezmaxes to supply Africa's biggest refinery
    Nigerian oil company needs crude for new petrol production
  • VLGC rates out of US surge as $100,000 mark seen as possible
    Analysts say arbitrage to Asia could justify bigger payday for owners
  • Howe Robinson hires new S&P 'headliner' from Clarksons in South Korea
    Recruit will boost Asia-Pacific presence
  • Has Joe Biden's lack of belief in key US law painted him into a corner as strikes sweep US ports?
    Complex political calculus favours longshoremen's union but economic impacts could swing the balance
  • Frontline shares soar in Oslo as 'war premium' buoys tanker equities
    Attack on energy infrastructure in Iran would be net positive for crude tanker names, Pareto says
  • Tanker trades set for shift as $12bn refinery starts to take shape
    Ghana wants to reduce reliance on oil product imports
  • Tankers International hires new bunker desk chief as fuels move into focus
    Specialist Stephen Robinson says now is time for tanker pooling company to 'supercharge' bunkering offering
  • Japan's Marubeni teams up with Norway's Solvang on joint operation of ammonia carrier
    Partnership will operate Clipper Neptun
  • Zim stock downgraded as it rides wave of US strikes and Red Sea riches
    Jefferies cuts boxship specialist rating as impact of global invents already reflected in elevated share price
  • Iran closure of Hormuz Strait would be even worse for tanker shipping than Red Sea crisis
    Few positives for tankers from any potential closure of vital sea route
  • Angeliki Frangou's Navios nets charters for two container ship newbuildings with Unifeeder
    DP World subsidiary touts the vessels' green credentials by highlighting their 'cutting-edge efficiency'
  • Unjust and unfounded: Turkish ship services owner wins bid to lift US sanctions
    Blacklisting removed for Istanbul company and its founder after appeal over links to Russian bulker
  • LNG shifts back into lead as shipping fuel of choice, DNV says
    Class society charts 24% year-on-year growth in alternative fuelling
  • MOL strikes rare order for FSRU newbuilding at Hanwha Ocean, sources say
    Floating regasification unit booked for Singapore and set to be announced later this month
  • Scorpio Tankers confirms $73.5m sale of product carrier as lucrative disposals extend
    Monaco-based product tanker giant has been selling at NAV and buying shares at steep discount
  • Gibson surges past charity distance target with series of global events
    UK-headquartered company raised $25,700 for new school in Kenya
  • Harland & Wolff officially enters administration with Royal Fleet Auxiliary works at risk of moving to Spain
    Non-trading holdings company is insolvent but key subsidiaries continue to trade
  • Embrace innovation, says Carl Schou as he retires after 16 years at Wilhelmsen Ship Management helm
    Former seafarer steered manager through financial crisis, shift to Asia and major acquisitions
  • Port inefficiencies blamed as Berge Bulk handysize stuck in Algeria since June
    UK-flagged ship has been severely delayed after transporting logs from Argentina
  • Trump blames Biden for historic port strike as president calls for wage hike
    US president's pro-union stance shines through as predecessor also expresses sympathy for dockworkers
  • Grampian Boaty McBoatface: Scottish shipowner North Star asks public to name new vessel
    Competition evokes memories of favourite running joke for the public and maritime industry
  • MOL strikes rare order for an FSRU newbuilding at Hanwha Ocean
    Floating regasification unit booked for Singapore and set to be announced later this month
  • Densay Shipping makes tanker newbuilding debut as drive for 'sizeable modern fleet' revealed
    UAE-based outfit led by Tayfun Gunerhan picks Wuhu Shipyard for its first tanker newbuildings
  • First export cargo leaves new Mexican oil refinery... on a bulker
    Turkish handysize has loaded petroleum coke from Pemex's Olmeca plant
  • Tankers drive profitable, expectations exceeding quarter for Stolt-Nielsen
    Chemical tankers in its STJS pool saw rates climb more than 17%
  • Joe Biden's lack of belief in key US law backs president into a corner as strikes sweep US ports
    Complex political calculus favours longshoremen's union but economic impacts could swing the balance
  • Stolt-Nielsen profit powers past forecasts in strong third quarter
    Chemical tankers in its STJS pool saw rates climb more than 17%
  • LNG bunker vessel orders stack up as new players move into market during active third quarter
    Strong prices are keeping a lid on large LNG carrier demand as players await next wave of new liquefaction supply
  • Trump blames Biden for historic port strike as president calls for wages hike
    President's pro-union stance shines through as predecessor also expresses sympathy for dockworkers
  • Grieg Group celebrates 140 years as the next generations build on shipping legacy
    Fifth-generation shipowner Nicolai Grieg says the maritime group believes in ammonia as a future fuel and growth into new areas
  • Japan's Marubeni teams up with Norway's Solvang on joint operation of ammonia carrier
    Partnership will be operating the 60,200-cbm Clipper Neptun (built 2008)
  • Singapore reveals the secret to attracting a younger generation to shipping
    Singapore Maritime Foundation has found another unique yet fun way to pull the younger generation into the industry.
  • HD Hyundai Marine Solution targets top slot as retrofits heat up
    Ambitious South Korean engineering services provider hopes to snare its first LNG carrier-to-FSRU conversion shortly
  • Provaris and Yinson aim to break CO2 carrier capacity ceiling with new order in the works
    Strategic collaboration could end up with greenhouse gas carried on much larger ships

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American Shipper web site
OCTOBER 2, 2024
  • Another Polar Air Cargo executive gets time behind bars for fraud
    Another executive at Polar Air Cargo has been sentenced to prison for defrauding the company for more than a decade.
  • Debunking ILA dockworkers' claims about carrier price gouging
    The International Longshoremen's Association is accusing container shipping lines of ripping off customers, but rates are four times lower than the union claims.

››› File
FROM THE HOME PAGE
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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