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28 April 2025 - Year XXIX
Independent journal on economy and transport policy
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June 4, 2024

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Exim India web site
JUNE 4, 2024
  • MoPSW aims to expand shore power infra at Major Ports
  • Supply chain realignments position India, SE Asia as leading manufacturing hubs, beyond China
  • Relaxation in the provision of submission of 'Bill of Export' as evidence of export obligation discharge for supplies made to SEZ units in case of Advance Authorisation
  • Unifeeder introduces 'GreenBox' to facilitate lowering of Scope 3 emissions
  • DP World becomes ICC top tier partner to deliver cricket at every level
  • More effective inventory management urged to reduce supply chain risk
  • Houthis attack shipping again
  • Moody's sees India's GDP growth at 6.8 pc in 2024
  • China unveils domestically developed large LNG carrier
  • Adani Ports Mundra handles record 17.62 million tonnes in May
  • Reduced discharge at Haldia berth due to maintenance
  • DP World provides new finished vehicle solution for essential Mexico-US trade route
  • AD Ports Group & Economic Development Board of Madagascar ink MoU to explore development of ports, maritime & logistics
  • CMA CGM Rate Restoration Initiative 4 (RRI04) from North Europe & the Mediterranean to/via USA, Canada & Mexico

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International Transport Journal web site
JUNE 4, 2024
  • The first 'Super B Class' vessel
  • Breezing through a wind farm expansion
  • Jeanne Graf to lead Riege Software in Switzerland
  • Two ATR 72 LCD for Aerlink
  • LTG picks Ukrainian loco safety systems
  • Infrabel finds lessor
  • Maximising pallet space
  • Two-thirds of e-fuel projects at risk
  • Sentenced to four years
  • 81 trips to the moon and back in one decade
  • Shuttle supports Swedish forest industry
  • GW's Georgian gateway
  • Nigerian port welcomes largest boxship
  • Emergency houses for Brazil
  • "Curiosity of the Day"
  • A first step into Singapore
  • Two 44 t trucks for waste transports
  • A promotion for Noel Kong
  • Groke pro system debuts in Europe

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The Loadstar web site
JUNE 3, 2024
  • Sponsored Podcast: DP World launches £350m fourth berth at London Gateway
  • A quieter Schiphol - but 747 ban too soon for carriers to adapt
  • Bangladesh shippers fear rising freight rates will hit demand
  • Sorry, say again - AP Møller-Mærsk a takeover target?!!
  • IMO rules reporting containers lost overboard mandatory
  • T&L stateside: bargain basement hunting back in vogue
  • Latin America now the target for Chinese 'fast fashion'
  • OX: Gauging EM risk and 'peak vs restocking' in a dull week
  • Tech can help ecommerce over US CBP compliance hurdles
  • Tanzania port deal latest step as Adani increases its global footprint
  • Wan Hai boosts fleet with 7,000 teu pair from CULines
  • Polar's Winkelbauer gets four years in prison for corruption
  • Mysterious tales at Leipzig/Halle Airport
  • K+N's Jens Drewes takes the reins at Hellmann
  • News in Brief Podcast | Week 23 2024 | Peaks at sea and troughs in air

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Marine Log web site
JUNE 3, 2024
  • NXT's new cable laying vessel will be methanol fueled
    Danish-headquartered power cable designer, manufacturer and installer NKT has named its second cable laying vessel NKT Eleanora, meaning "shining light." Under construction by Fincantieri Group member Vard to a design by Norway's
  • Industry task force wins double AiP for ammonia-fueled containership design
    A design for an ammonia-fueled containership has been awarded Approval in Principle by classification societies ABS and Lloyd's Register (LR). The design has been developed by a cross-industry task force led by
  • MSC joins Ship Repair USA next week in New Orleans
    For a second year in a row, the Military Sealift Command (MSC) will be hosting several presentations aimed at shipyard and ship repair yard suppliers-both OEMs and non-OEMs alike-at Marine Log's Ship
  • Wiernicki: "Are you ready for FuelEU Maritime?"
    "FuelEU Maritime comes into force in precisely 211 days. Are you ready?" That was the question that ABS chairman and CEO Christopher J. Wiernicki posed as he launched the Posidonia 2024 event

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Container News web site
JUNE 3, 2024
  • CMA CGM applies new PSS from Asia to La Reunion
    CMA CGM announced the implementation of a new Peak Season Surcharge (PSS), which will be effective from 1 June 2024 (loading date). This surcharge applies to shipments originating from Asia (including China, Taiwan, Hong Kong & Macau SAR, South East Asia, South Korea, and Japan) destined for La Reunion, a French department in the Indian Ocean. The surcharge will remain in effect until further not
  • PhilaPort names new European representative
    After 27 years of dedicated service, Lutz Ehrhardt has decided to retire from his role as PhilaPort's representative in Europe. Based in his hometown of Hamburg, he served as The Port of Philadelphia's liaison with ocean carriers, shippers, and government officials in one of the world's largest shipping markets. "Now enough is enough and it's about time for the next generation to take over," stat
  • Inchcape Shipping Services takes over Grieg Logistics
    Inchcape Shipping Services, a global leader in port agency and marine services, announced the successful acquisition of Grieg Logistics AS from the Grieg Group. This strategic move underscores Inchcape's dedication to providing top-quality operations and exceptional personnel in every port. Under the new ownership, Grieg Logistics will continue to operate under its existing name for a transitiona
  • COSCO switches 16,000 TEU quartet to run on methanol
    COSCO Shipping Lines has announced that it will switch four 16,000 TEU newbuildings to be dually fuelled with methanol, from conventional fuel. The company said this is in line with its plan to comply with the global goal of achieving decarbonisation in 2050. As a result, the price of the newbuildings will be increased from US$620 million to US$734 million. For reference, Clarksons' data shows th
  • KEZAD Group and NMDC Energy sign US$100 million deal for new manufacturing facility
    Khalifa Economic Zones Abu Dhabi (KEZAD) Group, the largest operator of integrated and purpose-built economic zones, has signed an agreement with NMDC Energy, a subsidiary of National Marine Dredging Company (NMDC), to establish a new manufacturing facility in KEZAD. The 50-year lease agreement, signed at the Make It In The Emirates Forum 2024, involves an investment of US$100 million by NMDC Ene
  • GEODIS, L-Acoustics open regional distribution centre in Singapore
    GEODIS, a leading global logistics provider, and L-Acoustics, a top name in premium professional sound, have opened a new regional distribution centre in Singapore. This marks L-Acoustics' first Asian Pacific distribution centre, demonstrating the manufacturer's dedication to this strategic and expanding market. "Our mission is to strengthen our ties with clients, creating a hub from which we can
  • Pioneering Virtual Container Freight Futures Trading Competition: An Exclusive Interview with BANDS Financial and Linerlytica
    BANDS Financial and Linerlytica launch the first virtual container freight futures trading competition exclusively for companies and executives in the container shipping sector along the Asia-Europe route. In an interview with Antonis Karamalegkos, Managing Editor of Container News, Johnson Leung, Director of Linerlytica, and Tiger Shi, CEO of BANDS Financial, discussed the competitive landscape,
  • Evergreen enhances fleet monitoring with Carrier Transicold's technology
    As one of the world's leading shipping lines, Evergreen Marine Corp. is enhancing its operations by equipping 7,000 of its 40-foot high cube refrigerated containers with Carrier Transicold's Lynx Fleet solution. Carrier Transicold, a division of Carrier Global Corporation and a global leader in intelligent climate and energy solutions, provides this advanced technology. Lynx Fleet allows for remo
  • How to Use Telematics for Real-Time Monitoring and Accident Prevention in Freight Trucks
    Vehicular telematics combines GPS, wireless devices, black box technologies and onboard vehicle diagnostics to record and transmit vehicle-related data. This technology streamlines logistics for freight companies and bolsters driver safety on a systemic and interpersonal level. In prior decades, telematics was predominantly known for its basic speed and location-tracking capabilities and dashcam
  • Port of NYNJ and U.S. Army Corps announce major investments
    The Port Authority of New York and New Jersey has announced a comprehensive investment package in partnership with the U.S. Army Corps of Engineers to enhance navigational safety and efficiency at the East Coast's busiest container port. These investments aim to significantly improve the safety and efficiency of the Port of New York and New Jersey, fostering the growth of a national economic powe

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Splash web site
JUNE 3, 2024
  • Diana Shipping fixes out bulker to Aquavita International
    New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Aquavita International for one of its vessels. Aquavita chartered the 2013-built, 81,150 dwt post-panamax bulker Electra for a gross charter rate of $14,000, minus a 5% commission paid to third parties, for a period until a minimum of October 15, ...
  • Capital Product Partners orders six dual-fuel medium gas carriers
    Greek owner Capital Product Partners has continued its expansion into the gas sector with the order of six dual-fuel medium gas carriers (MGCs). The total value of the order is $756m but includes the price of the previously ordered four liquified CO2 multi-gas carriers. The deliveries are expected to happen between the first quarter of ...
  • Banaszkiewicz's FIS acquires bulker broker GR8 Chartering
    John Banaszkiewicz-led of freight and commodity futures broker Freight Investor Services (FIS) has announced the acquisition of GR8 Chartering Hellas at the Posidonia event in Athens, Greece. According to a statement by FIS, the acquisition will bring GR8 Chartering's expertise in physical shipping into the group and increase its presence in Greece which is one ...
  • Stena Sonangol Suezmax Pool grows with Hammonia Reederei addition
    The Stena Sonangol Suezmax Pool, a joint venture between Stena Bulk and Angolan state-owned energy company Sonangol, has added a vessel from German ship management company Hammonia Reederei to the pool. Hammonia's 2020-built 156,000 dwt crude oil tanker Aura M has joined the pool's fleet which up to now has stood at 19 vessels which ...
  • Future fleet developments in the spotlight at Capital Link
    Future fuels, newbuilding moves, and how to improve the ships of today were at the fore in the opening panels at this year's gathering of shipping heavyweights at Capital Link the first of the big conferences in Athens as part of Posidonia Week. The event was officially opened by Greek shipping minister Christos Stylianides followed ...
  • U-Ming to step into LNG sector and increase fleet to 100 ships
    Taiwanese shipowner U-Ming Marine Transport has revealed a long-term strategic goal during a shareholders meeting of owning a fleet of 100 vessels with a total deadweight tonnage of over 10m tonnes. This would mean a considerable addition to the 72-strong fleet which includes capesize, panamax, post-panamax, supramax, ultramax, cement carriers, VLCCs, VLOCs, and CTVs for ...
  • Adani Ports wins Tanzania concession
    The rapid transformation of the quayside at Tanzania's largest city is set to shake up trading patterns in East Africa. Following DP World's concession win last October, a consortium led by India's largest port operator Adani Ports has also just been given the nod to develop a terminal at Dar es Salaam Adani has been ...
  • New ammonia-powered 3,500 teu feeder design revealed
    The two classification societies ABS and Lloyd's Register have awarded approval in principle (AiP) for a new ammonia-fueled 3,500 teu containership design. The new design has been developed by A. P. Moller-Maersk, MAN Energy Solutions, Deltamarin, Eltronic FuelTech, ABS, and LR - led by the Maersk Mc-Kinney Møller Center for Zero Carbon Shipping. The design ...
  • More shipyard capacity needed to meet green targets: ABS
    More shipyard capacity will be required in the coming decade, both for newbuilds and retrofits, according to an influential new magazine published at Posidonia in Athens today. Class society ABS released its 150-page 2024 Outlook today, the sixth in an annual series that gives readers a comprehensive picture of the world fleet moving forward. New ...
  • Havila Shipping bags three-year MPSV extension with Reach Subsea
    Norwegian offshore vessel owner Havila Shipping has secured another charter extension from compatriot offshore contractor Reach Subsea for the multipurpose support vessel (MPSV) Havila Subsea. The 2011-built vessel has been under contract with Reach Subsea since October 2021. The original deal was set to expire at the end of 2023 but was extended until the ...
  • One more semisub heading for the scrapyard
    The trend of sending old drilling rigs to the scrap yard continues. After Dolphin Drilling sold two of its rigs for scrap in quick succession, offshore drilling rig owner Constellation sold one of its rigs for scrap as well. Constellation said in its first quarter financials that its subsidiary which owns the 1983-built Olinda Star ...
  • OPEC+ extends oil output cuts into 2025
    Members of OPEC+ agreed over the weekend to extend most of their deep oil output cuts beyond 2024. The decision was aimed at shoring up the market amid weak global oil demand, high interest rates, and rising US production. The cuts include 3.66m barrels per day of reduced output, which were due to expire at ...
  • ADNOC L&S buys Navig8 in a deal worth over $1bn
    ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company, has announced an agreement to acquire 80% of UK-based tanker owner and pool operator Navig8 for AED3.8bn ($1.03bn). Under the terms of the agreement, ADNOC L&S will acquire the remaining 20% ownership in 2027 for a ...
  • Egypt and Brazil look to enter the ship recycling sector
    New final destinations for ships are opening up with both Egypt and Brazil looking to get into the ship recycling sector. Egypt's transport ministry has signed a memorandum of understanding with El Wehda Industrial Company to develop a shipbreaking yard at Damietta Port as part of the government's bid to be less reliant on imported ...
  • Maersk debuts the FFF
    The company that brought world shipping the EEE containership has now debuted the FFF. Maersk is replacing its existing bunker fuel surcharges - the bunker adjustment factor (BAF) and the low sulphur surcharge (LSS) - with a new combined fossil fuel fee (FFF) effective from July 1. The Danish carrier said the move was made ...
  • Scrubber technology for ammonia-fuelled ships unveiled at Posidonia
    HD Korea Shipbuilding & Offshore Engineering, the holding company of South Korea's largest shipbuilder, has unveiled new technology at Posidonia in Athens that reduces toxic gas emissions from ammonia fuel to nearly zero. Ammonia-fuelled vessels are being developed by shipbuilders all over the world, however, the key has always been how to safely eliminate the ...
  • What happens when the Houthis stop shooting
    Andrew Craig-Bennett gives his take on shipping and the Middle East. Well, isn't life just wonderful! We have, for most practical purposes, one of our forebears' favourite things, a Suez Canal closure! Just when the freight markets ought to be heading downwards, we are having a splendid time, because this closure has now gone on ...
  • Economou takes Seanergy battle to the next level as he pushes for board shakeup
    Things are heating up again between Greek capesize specialist Seanergy Maritime and fellow shipping magnate George Economou. Just as his pursuit for board seats at bulker players Genco and OceanPal had ended, Economou came out with two nominees to the Seanergy board, the latest of moves on the Stamatis Tsantanis-led company. Economou, who owns nearly ...
  • 300,000 extra teu added to record liner orderbook
    Hot on the heels of X-Press Feeders' order for four methanol-ready containerships at Shanghai Waigaoqiao Shipbuilding, other owners are returning to China for more newbuild tonnage as rates continue to rise to the next highest level seen outside container shipping's boom during the covid pandemic. Seaspan is ordering boxships following a massive newbuilding campaign in ...
  • Vanhui Shipping signs for ultramax newbuilds
    Vanhui Shipping has moved to expand its dry bulk fleet with a pair of ultramaxes at Jiangsu Haitong Offshore Engineering Equipment. The Hong Kong-based outfit has contracted 63,500 dwt units for delivery in the first half of 2027 at an undisclosed price. The company is listed with six bulkers, and it ordered newbuilds last time ...
  • Subsea 7 seals $1.25bn pipelay support vessels deal in Brazil
    Oslo-listed Subsea 7 has landed a new billion-dollar deal with Petrobras by fixing four pipelay support vessels (PLSVs) from 2025. The contracts with a combined value of over $1.25bn cover the PLSVs Seven Rio, Seven Cruzeiro, Seven Sun and Seven Waves. All ships have a history of operating on deepwater developments for Brazil's state-owned oil ...

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Lloyd's List web site
JUNE 3, 2024
  • Maersk hikes guidance again as congestion and spot rates mount
    A common refrain among analysts and investors is that container shipping lines have been far too conservative in their 2024...
  • Capital Product Partners agrees acquisition of 10 Marinakis gas carriers
    Nasdaq-listed partnership plans to part-fund the $756m purchase price using $182.5m in proceeds from recent boxship sales
  • Charleston boxship backlog blamed on infrastructure work, server outage
    A backlog of boxships waiting to enter the port of Charleston has swelled in recent weeks amid infrastructure improvement project...
  • Tankers are getting older - and could get a lot older in the years ahead
    The goal of decarbonisation is that the tanker fleet age should fall and ships should become more fuel-efficient and emit...
  • Dark fleet practices threaten industry integrity, Lloyd's told
    Cluster of warning signs should be seen as red flags by marine insurers, Wiese Bockmann contends
  • Houthi Red Sea horror recounted as missile shrapnel misses master's head by centimetres
    Norwegian insurer DNK has provided fine detail of the attack, one of 21 ships struck by Houthis in the Red...
  • Posidonia preaches pragmatism in the absence of a green premium
    The early headline theme from the shipping industry's Posidonia biennial has been a warning that a shift away from conventional...
  • A spoofer's guide to sanctioned gas trades
    The commercialisation of Automatic Identification System data in recent years and the increased access to vessel location data means sanctions...
  • Week in charts: Desperate shippers push box rates higher | Soaring newbuilding prices outpace dry bulk market | Seafarers kidnapped in Gulf of Guinea
    Shippers' efforts to beat congestion are driving spot rates up, newbuilding prices for bulkers continue to escalate, and two seafarers...
  • Inchcape acquires Grieg Logistics to expand port services portfolio
    Inchcape Shipping says the acquisition would strengthen its capabilities in shipping, raw materials, energy and governmental services
  • The week in newbuildings: Tanker orders rise almost 40% year-on-year
    The tanker sector has contributed the lion's share of newbuilding contracts so far in 2024, with 35% of orders attributed...
  • Mandatory green fuel supply rules needed in EU states as projects at risk
    Lobby group identified 17 e-fuel projects that could supply shipping with up to 1m tonnes by 2030
  • Standard Chartered grants its first ship-based transition loan for Chinese market to CCB Leasing
    This is the first loan of its kind in China's financial leasing market, the bank said
  • Economou backs pioneering GreenSeas digital platform
    Leading Greek shipowner emerges as 50% partner in Evident, the first Hong Kong SFC-licensed platform for alternative assets
  • Seafarers kidnapped in Gulf of Guinea
    The master of a general cargoship and its chief engineer have reportedly been kidnapped in an incident very similar to...
  • World Shipping Council welcomes mandatory lost container reporting
    Masters will have to notify nearby ships, the nearest coastal state and the relevant flag state about lost containers under...
  • HD KSOE touts ammonia scrubbers and leak detector amid rising eco-fuel demand
    Products unveiled by South Korean builder HD Korea Shipbuilding & Offshore Engineering in Athens include an ammonia exhaust gas cleaning...
  • Seacon signs sale-and-leaseback deal with Bank of China for handysize bulker
    Seacon has a total newbuilding capacity of more than 1m dwt
  • Adnoc Logistics & Services buys tanker operator Navig8 in $1.5bn deal
    The Abu Dhabi state-owned oil company will purchase 80% of Navig8 now for $1.04bn and the remaining 20% in 2027...
  • Frangou flaunts diversity as durable Navios aims to stick around
    Change from single-sector model to a diverse shipping company was an example of a venerable company's ability to learn lessons
  • Ammonia-powered containership approved by class societies
    The project involves big hitters from across the shipping industry, including Maersk, MAN, Deltamarin and Lloyd's Register
  • Daily Briefing
    Soaring newbuilding prices are outpacing the dry bulk freight market | Singapore battles port congestion as Red Sea crisis snarls...
  • Umas rebrands as green transition needs evolve
    After nearly 10 years working to prove shipping must go green, London-based Umas wants to help companies do it in...

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The Journal of Commerce web site
JUNE 3, 2024
  • Maersk upgrades earnings guidance amid bullish market fundamentals
    The container shipping market has been roiled by the ongoing ship diversions around southern Africa that are now causing congestion to build at key load ports in Asia as carriers curtail or blank services amid port omissions.
  • UPDATE: Charleston working through lingering vessel backlog
    Container ships are anchoring outside both southeast US ports due in part to a project in Charleston that will shut one berth at the Wando Welch Terminal until the fall.
  • Baltimore import bookings rebound as port's full ship channel to reopen soon
    Evergreen Marine's neo-Panamax service from Asia will start making regular calls to Baltimore by mid-July, and the port's container terminal is ready to start receiving imports.
  • High water levels close Rhine River to barge traffic after flooding rains
    The Rhine is one of the most important commercial waterways in Europe and its closure is pushing traffic to the road and rails where there is limited capacity.
  • Container market hearing echoes of pandemic-era dynamics: analyst
    With vessel capacity tight and freight rates on the rise, there are several market dynamics that emerged during the pandemic that are already beginning to play out once again, writes Lars Jensen.
  • India-Europe carriers see strong rate gains for early peak season bookings
    Spot rate quotes secured by forwarders from major carriers for sailings near the end of June are up between $500 to $600 per container on average from levels seen for the first half of the month.
  • Resurrected Convoy app gaining traction among small carriers, brokers: Flexport
    The post-pandemic resilience of small fleets has been attributed in part to driver reliance on apps like the one Convoy built, which Flexport purchased last November.
  • Demand fears put Europe's emissions targets at risk: clean energy group
    The huge investment required to produce green fuels for the shipping industry needs to be underpinned by certainty over demand, which suppliers are not yet seeing, according to the European climate activist Transport & Environment.

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TradeWinds web site
JUNE 3, 2024
  • George Economou rains scorn on Seanergy's party as proxy threat intensifies
    Greek tycoon's Sphinx says Stamatis Tsantanis has rejected requests for direct discussion
  • New hot spot for Russian oil transfers emerges off Morocco
    Three aframaxes and VLCC gather off coastal city of Nador after Greek naval action
  • Maersk adds $3bn to forecast as rising demand and Red Sea meet port congestion
    Danish shipping giant now expects to be cash-flow positive for 2024
  • Capital Product Partners scoops up 10 gas ship newbuildings in $756m energy transition play
    Greek owner drops medium-sized vessels and CO2 carriers into US-listed entity
  • Sanctions produce carbon, Hing Chao warns amid downcast views of war and peace
    The multipolar world leads to conflict and shipping stands to lose, Hong Kong owner warns
  • Adnoc L&S chief explains Navig8 megadeal stealing the show at Posidonia
    Captain Abdulkareem Al Masabi says $1.5bn swoop fits multiple strategic needs
  • Slow tanker and S&P market? How about no tanker S&P market
    Brokers report no sale-and-purchase deals last week as high rates and asset values persist
  • Avance Gas slashes share par value to reward investors in Norwegian 'tax prison'
    CEO Oystein Kalleklev explains logic behind move rubber-stamped at shareholder meeting
  • Chinese giant works on $1bn sale of boxship and car carrier fleets
    Owner wants to focus on tankers, bulkers and gas
  • By George: Economou blitzes Capital Link with views on nukes, wars and investment bankers
    He's a tech guy in a T-shirt, but the tycoon's thoughts tend to return to shipping
  • BP ships first Dangote jet fuel cargo to Europe on Greek MR tanker
    Chios Navigation's Doric Breeze due in Rotterdam this month in groundbreaking shipment
  • More to come: Okeanis saving millions per year after tanker lease refinancings
    Analysts expect handy savings from suezmax renegotiation soon
  • Fast-growing Oil Brokerage set to plant flag in Athens after Posidonia debut
    Brokerage will open shop in Greece this year
  • Under-invested handysize tanker sector heading for 'major supply crunch', warns Gibsons
    UK broker says ageing fleet is becoming a problem for major charterers
  • Methanol tops new fuelling choice table for May
    Figures for alternative fuelled vessel orders show 55% rise on first five months of 2023
  • Nigerian ports shut down in open-ended national strike action
    Major unions unite in protest over level of minimum wage
  • Bulker owners foresee 'severely undersupplied' market in near future
    Smaller vessels may step into the breach where capesize tonnage runs short, one shipowner believes
  • Moller-Maersk team advances new design of ammonia-fuelled container ship
    Approval in principle granted by ABS and LR for Maersk Mc-Kinney Moller Center-led project
  • John Banaszkiewicz's FIS snaps up new Greek bulker broker GR8 Chartering
    Freight and commodities giant takes over Athens shop founded last year by former Arrow and Lightship staffers
  • BSM brings in V.Group ship management boss Bjoern Sprotte for sustainability drive
    New recruit will report to CEO Ian Beveridge on development of ESG strategy
  • Zero margin for error: head of London Greeks calls for 'safe' decarbonisation steps
    Harry Fafalios insists the IMO should remain shipping's sole arbiter and doubts the EU can regulate the industry
  • Green shipping fuel projects at risk as shipowners take stock
    Transport & Environment study finds Spain is centre of proposed green shipping fuel projects while Greece has none
  • Grieg Group sells Norway's biggest ship agency operation to Inchcape Shipping Services
    Norwegian shipowner hives off company operating domestic terminals
  • Greece's Kourtesis brothers boost LPG bet with more newbuildings and secondhand buys
    Family company Sea Hawk signs second contract with Japanese shipyard and acquires pair of secondhand vessels
  • Ioannis Alafouzos: 'We have not seen any alternative fuel that is either available or very promising'
    Major Greek owner reflects on his thinking over ordering modern but conventionally fuelled tankers
  • Stena Sonangol pool confirms new suezmax partnership with Hammonia Reederei
    German owner's Aura M joins expanding Swedish-Angolan tanker operation
  • Alexander Hansson splashes $1.4m on Nordic American Tanker shares
    Move tightens family's grip on suezmax owner run by director's father
  • HD KSOE shows off new ammonia scrubber for next-generation vessels
    Big reveal of new 'carbon zero' technology for ammonia-fuelled vessels
  • Laurent Cadji-led Union Maritime plots investment in Bar Technologies
    WindWings will be deployed on 34 newbuildings as UK shipowner in talks to acquire significant equity in compatriot company
  • Precious Shipping places first newbuilding order in a decade
    Thai bulker owner has booked four ultramax vessels
  • Braemar grows with lead decarbonisation 'dynamo' and opens new Seoul office
    Brokerage expands into South Korea as it snaps up Joey Ng from Fortescue
  • U-Ming looks to enter LNG and offshore wind sectors as it plots 100-ship fleet
    Taiwanese shipowner currently owns 72 ships
  • Seafarers kidnapped from cargo ship in West Africa pirate hotspot, says security firm
    Incident happened off Equatorial Guinea, scene of another kidnapping in January
  • Navig8 tanker fleet and pool business taken over by Adnoc L&S in $1.5bn swoop
    Transaction is a dealmaker's dream as confirmation comes as shipping gathers in Greece for Posidonia
  • UMAS and UCL Energy Institute chart independent courses
    University College London shipping research team to focus on academics while UMAS concentrates on commercial consultancy
  • Nikolas Pateras interview: Over-optimism, magic wands and how he is looking to set an example for rivals
    Founder of the world's largest independent feeder ship fleet urges major liner companies to start removing older tonnage
  • Posidonia in pictures: Nikolas Martinos raises a glass to 'strong shipping markets' as parties spring to life
    As Posidonia kicks offf with owners feelling bullish and hunting opportunity
  • 'I will probably have to clone myself': Gigantic Posidonia is bursting at the seams
    Athens and Piraeus are being swamped with visitors for record-breaking Greek shipping event
  • Indonesia's Andhika Lines in rare scrap sale as panamax bulker offloaded
    Markets continue to lack sales candidates as strong trading conditions make owners reluctant to sell

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American Shipper web site
JUNE 3, 2024
  • FMC breaks down questions on new detention, demurrage rule
    While the FMC's revision to the detention and demurrage rule went into effect last week, the industry is left with a lot of questions. The commission provided us answers in this exclusive Q&A.

››› File
FROM THE HOME PAGE
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
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
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
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
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
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
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
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