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01 July 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
European Commission meeting to define the strategy for the development of EU ports and maritime industry
Brussels
Call for papers by July 28th
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Rome
Messina: State Aid regime needs to be redesigned for European shipyards
In the first four months of 2025, maritime container traffic between Asia and Europe grew by +4.8%
Tokyo
-6.4% drop in shipments to Asian ports. +9.0% increase in unloading volumes in Europe
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Geneva
Recovery driven by importers who brought forward purchases in view of expected tariff increases
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
The transfer of 80% of Louis-Dreyfus Armateurs' capital to InfraVia has been implemented
Suresnes/Paris
The Louis-Dreyfus family retains the remaining 20%
Port of Genoa, green light for extension of concession to Spinelli until September 30
Genoa
Ok also to the extension to the Campostano group
The National Maritime Fund has started the recognition of scholarships
Genoa
They are granted for basic training and security familiarization courses.
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
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 Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
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