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