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28 April 2025 - Year XXIX
Independent journal on economy and transport policy
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March 13, 2024

free news
Exim India web site
MARCH 13, 2024
  • Flyjac-LOGISTEED Group inaugurates Rs 300 cr. state-of-the-art Multi-Purpose Logistics Centre
  • J M Baxi Heavy sets new standards by moving module weighing 6,700 tons
  • Mumbai Port Authority executes land deal with RBI
  • DP World Cochin achieves record throughput in February 2024
  • Ashwani Kumar unanimously elected new President of FIEO
  • Red Sea crisis seen impacting trade volumes in 2024
  • Import quality rules for exporters relaxed
  • MAA needs urgent infra upgradation to expedite cargo: ACAAI
  • Air cargo sees strong start in 2024
  • Air cargo industry targets 10 MT by 2030
  • Etihad Cargo launches digital sales optimisation tool
  • PM inaugurates integrated terminal T3 of Chaudhary Charan Singh International Airport, Lucknow
  • B'desh, Sri Lanka want rupee trade with India: Goyal

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International Transport Journal web site
MARCH 13, 2024
  • An attractive region
  • More connections over the Brenner Pass
  • Eight EMDs for the Centro-Atlantica Railway
  • One B747-400F gone, two added
  • Nagel-Group names COO
  • Circular economy initiative in Belgium
  • A Chinese healthcare collaboration
  • Transit time reduced from 53 to 18 days
  • Hermes lands contract at Schiphol
  • "Curiosity of the Day"
  • Yodel bolsters leadership team
  • Developing sustainable shipping corridors
  • Teeing off a partnership
  • Volvo raises market share for e-HGVs to 47.2%
  • Boosting e-commerce logistics in Africa
  • A promotion for Michael de Reese
  • Digital transformation in maritime trade
  • JAS adds to its Polish network

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The Loadstar web site
MARCH 12, 2024
  • Carriers still need another 400,000 teu to maintain services
  • DB Schenker - high bid whisper and... hope
  • Don't be too worried about east coast port shutdown, says top shipper
  • DHL Group - bulls turning bearish
  • US cargo owners cool on active logistics as markets slow
  • CMA CGM commits to no job cuts for a year, following Bolloré deal
  • Hong Kong the star of the show at IATA's record WCS 2024
  • Cargo can deliver airlines a 'strategic advantage', WCS delegates told
  • Sundeep Sibal to head ONE's new regional HQ in Dubai
  • Ocean Network Express (ONE) has opened a West Asia regional HQ in Dubai and appointed ...
  • sennder appoints Susanne Schroeter-Crossan as its new CFO
  • Nizar Trigui becomes GXO's first chief technology officer

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Marine Log web site
MARCH 12, 2024
  • New AWO video: Safety is everything
    The American Waterways Operators has produced a new video highlighting the tugboat, towboat and barge industry's commitment to safety and its strong record as the safest mode of freight transportation. The two-minute
  • Union Maritime opts for WindWings on two newbuild LR tankers
    Two long range tankers under construction at Shanghai Waigaoqiao Shipbuilding (SWS) in China for London-headquartered tanker operator Union Maritime have joined the growing list of newbuildings being fitted with auxiliary wind propulsion.
  • Houthis target SeaLead containership Pinocchio
    The latest merchant vessel targeted by the Iran-backed Houthi terrorist groups is the Liberian-flagged containership Pinocchio, which according to the Equasis data base is operated by Singapore headquartered SeaLead Shipping Pte. According
  • USDOT: $500 million for port improvement projects
    The U.S. Department of Transportation's Maritime Administration (MARAD) has published a Notice of Funding Opportunity (NOFO) for $500 million in federal Fiscal Year 2024 funding through MARAD's Port Infrastructure Development Program (PIDP).
  • Cosco Shipping fits its first Iridium GMDSS terminal
    The 5,000 vehicle capacity PCTC Cosco Tengfei has become the first vessel in the Cosco Shipping (CSSC) fleet to be fitted with an Iridium Global Maritime Distress and Safety System (GMDSS) terminal.
  • St. Paul District reopens locks and dams after winter maintenance
    The St. Paul Engineer District will reopen several locks and dams this month that were closed for winter maintenance. Lock and Dam 2 in Hastings, Minn., which was dewatered for inspection and
  • Podcast: Designing a Canadian polar icebreaker
    In this edition of Marine Log's Listen Up! podcast, we talk to Rami Hirsimäki, Senior Vice President, Marine and Offshore Energy at Elomatic, on the Canadian polar icebreaker project. Elomatic is a

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Container News web site
MARCH 12, 2024
  • Ocean rates continue to ease post-Lunar New Year: Freightos analysis
    Hostilities in the Red Sea intensified last week, and included the first seafarer casualties . But with most container traffic already avoiding the Suez Canal, demand easing as the market enters its slow season, and operations settling into a new routine, rates continued to ease across the major trade lanes. Asia - North America ocean rates are down 10% from their peak, with Asia - North Europe p
  • SAAM achieves historic annual net income exceeding US$500 million
    SAAM, a world-class towage provider, achieved its highest-ever net income of US$501 million in 2023, primarily attributed to the sale of its port and logistics assets to Hapag-Lloyd. This transaction resulted in a net gain of US$422 million. Total sales for the year amounted to US$540 million, marking a 17% increase compared to the previous year. Additionally, the company's earnings before intere
  • Portwise launches automation consulting business line
    Portwise, a renowned consultancy and simulation firm specializing in logistics solutions for ports, terminals, and warehouses, announced the launch of its automation consulting business line. The new business line aims to aid terminal operators in transforming design ideas into seamlessly operational and highly efficient automated terminals. This strategic expansion of Portwise's services undersc
  • sennder appoints new chief financial officer
    One of the major digital road freight forwarders in Europe, sennder, has selected Susanne Schroeter-Crossan as the company's new chief financial officer (CFO). With a wealth of experience, Schroeter-Crossan will now spearhead sennder's financial department. She will replace Amir Avraham, who has developed the finance department over the past five years. Susanne Schroeter-Crossan, Chief Financial
  • Bangladeshi ship hijacked by Somalian pirates
    A Bangladesh flag carrier ship was hijacked by Somalian pirates in the Indian Ocean on 12 March, according to the owner of the vessel, Bangladeshi Kabir Steel and Rerolling Mill (KSRM) Group. There were 23 crew members on the bulk carrier, namely Abdullah, formerly Golden Hawk, at the time of the pirate attack, who were held hostage onboard. The ship owner learned about the development on Tuesday
  • SCA introduces new Suez Canal mooring regulations and costs
    The Suez Canal Authority (SCA) has announced new Circular No. 1-2024 about regulations and costs of mooring boats, mooring services, and lights during vessels' transit through the artificial sea-level waterway in Egypt. Effective from 1 May, the mooring service will be shore-based, with mooring boats distributed along the canal. Only 30% of the ships in the convoy will have the mooring service on
  • Hapag-Lloyd applies new GRI from Latin America to North America, Mexico, Central America and Caribbean
    Hamburg-headquartered box line Hapag-Lloyd has announced a new general rate increase (GRI) from Latin America East Coast ports to North America, Mexico, Central America and the Caribbean. The GRI will be applicable to both dry and reefer containers and will be effective from 10 April until further notice. Hapag-Lloyd has decided to add a charge of US$250 per box. The German company noted that Lat
  • Liberian Registry supports design approval for tank LNG carriers
    The Liberian Registry, the world's largest shipping registry, will aid in the design approval process for the pioneering application of independent tank liquefied gas carriers. This innovative approach, developed by HD Hyundai Group's affiliates HD Hyundai Heavy Industries, HD Korea Shipbuilding & Offshore Engineering, and Hyundai Mipo Dockyard, has secured Design Approval for the "High-strength
  • ONE establishes new West Asia regional headquarters in Dubai
    The sixth largest container line in the world, Ocean Network Express (ONE) has opened its new West Asia regional headquarters in Dubai, UAE. "This strategic move aims to accelerate ONE's growth and expand its presence in the rapidly developing markets of the Indian Subcontinent, Middle East, and East Africa," said the company in a statement. The West Asia Regional Headquarters office will serve a
  • OceanScore analysis shows near-tripling of EU ETS costs due to Red Sea crisis
    Persistent missile attacks by Houthi rebels on ships plying the Red Sea route have led to soaring emissions liabilities for shipping companies under the EU ETS as lengthy voyage diversions for Europe-bound vessels have multiplied fuel consumption, according to OceanScore. An increasing number of commercial ships have been taking the alternative route to Europe via the Cape of Good Hope - adding a
  • CN Photo Project: The Picture of the Month
    Container News wants to thank you all for your participation in the CN Photo Project . Among all the very beautiful photos we have received, the Container News team has chosen the following picture as "The Picture of the Month"! Title: Port of Seattle Port of Seattle Be part of the CN Photo Project and stay tuned to see your photo posted on Container News as the next "Picture of the Month". If yo
  • How to Monitor Carrier Performance
    Considering how fast-paced today's business environment has become, logistics management is key to any organization's success. Efficient transportation helps maintain a streamlined supply chain while attaining customer demands. Carrier performance monitoring comes in handy when looking to manage logistics effectively. Tracking your carrier's performance enables you to spot improvement areas to op
  • Red Sea developments fail to overcome seasonal lull as rates correct
    With the Chinese New Year over and liner operators adjusting their operations to accommodate the diversions round the Cape of Good Hope, rates have peaked and are likely to face downward pressure until the next pick-up in the third quarter, according to the Baltic Exchange's report. Freightos' research lead, Judah Levine, one of the report's writers, noted that rates from Asia to North Europe and
  • Hapag-Lloyd revamps Africa service network
    Starting in April 2024, Hapag-Lloyd will be enhancing its operations in the African continent, specifically by revamping its West-Europe-West-Africa (WWA) and West Africa Express (WAX) services. Through the revamped WWA and WAX services, Hapag-Lloyd will be able to open new direct routes from North Europe to the port of Tema in Ghana, while both services will encompass the geographical coverage p
  • Red Sea crisis spurs surge in TEU capacity: Newbuildings fully absorbed
    The total container ship capacity deployed on trades affected by the Red Sea crisis has increased by 1.26 million TEUs since October 2023, driven mainly by vessel diversions to the Cape of Good Hope, according to the latest Linerlytica report. The Far East-Mediterranean recorded the largest jump of 610,000 TEUs, accounting for half of the increased capacity over the period, followed by the Far Ea
  • Maersk, CMA CGM suspend Rio de Janeiro port call on joint service
    Maersk and CMA CGM have notified their customers about upcoming adjustments to their joint Bossa Nova/SIRIUS service connecting the Mediterranean with the East Coast of South America. Effective from 14 March, there will be a suspension of calls at Rio de Janeiro port (Southbound) until July with the exact date pending confirmation. CMA CGM said this measure aims to enhance service reliability, si

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Splash web site
MARCH 12, 2024
  • Performance Shipping locks away LR2 newbuilds in $170m deal with Clearlake
    Greece's Performance Shipping has secured employment for three of its ships under construction with Clearlake Shipping, a subsidiary of commodity trading giant Gunvor. The Nasdaq-listed tanker owner has fixed its LNG-ready, scrubber-fitted LR2 newbuildings for five years each at $31,000 per day. Clearlake also has two one-year extension options at disposal which include a base ...
  • Union Maritime taps wind-assisted propulsion for LR2 newbuilds
    UK shipowner Union Maritime has moved to fit two of its LR2 tankers under construction in China with BAR Tech wind-assisted ship propulsion technology. The two vessels, currently being built at Shanghai Waigaoqiao Shipbuilding (SWS) for delivery in late 2025, will each feature three WindWings rigid sails. Union Maritime's LRs are the latest vessels to ...
  • Bulk carrier with 23 crew hijacked off Somalia
    A Bangladesh-flagged bulk carrier with 23 crew was boarded in the Indian Ocean Tuesday by suspected Somali pirates some 600 nautical miles east of Mogadishu. The United Kingdom Maritime Trade Operations (UKMTO) said it had received reports from the "company security officer" of multiple armed persons boarding and taking control of the ship. In a ...
  • Fugro extends offshore wind marine survey partnership in Vietnam
    Dutch surveyor Fugro has extended its Memorandum of Understanding (MoU) with PTSC Geos & Subsea Services (PTSC G&S) to continue marine site surveys for offshore wind. Under the two-year agreement, Fugro's full range of marine site characterisation services and PTSC G&S's local survey capabilities will support Vietnam's growing offshore wind industry. This partnership between Fugro ...
  • Corio in offshore wind team up with Vietnamese power company
    Corio Generation, an offshore wind portfolio company of Macquarie's Green Investment Group (GIG), has signed a Memorandum of Understanding (MoU) with a Vietnamese electricity supplier as part of a strategy to bring offshore wind energy to the country. Corio signed the deal with the Power Generation Joint Stock Corporation 3 (EVNGENCO3), a subsidiary of Vietnam ...
  • BW Group to sell partial stake in DHT Holdings for $83m
    Singapore's BW Group has decided to put up for sale some 7.48m shares of New York-listed tanker giant DHT Holdings and further decrease its stake in the company. DHT said in a US Securities and Exchange Commission filing that BW listed over 7.48m shares of the company for sale. According to the filing, the shares ...
  • DOF clinches decommissioning contract with Shell
    Oslo-listed offshore contractor DOF has landed a deal with Norske Shell for subsea engineering, preparation, removal, and disposal in the Atlantic region. The contract worth between NOK250m ($24m) and NOK500m ($48m) will secure more than 100 combined days of utilisation of the operated vessels Skandi Hera and Maersk Installer. The workscope includes the recovery and ...
  • Russian oil terminals hit by drone strikes
    Ukraine has hit several Russian oil refineries with drone strikes in the past few days, continuing to damage Russian oil infrastructure after attacks on coastal refineries at the beginning of the year. The governor of Russia's Oryol region Andrey Klychkov stated that a fire broke out on Tuesday at an oil refinery in the region's ...
  • Shearwater wins survey for UK offshore carbon capture and storage project
    Shearwater GeoServices has been awarded a contract by Spirit Energy for a carbon capture and storage (CCS) project in the UK. It relates to Spirit Energy's license award by the UK's North Sea Transition Authority (NSTA) to repurpose the North and South Morecambe gas fields for carbon capture and storage. The so-called Morecambe net zero ...
  • Brazilian drilling contractor Petroserv agrees takeover deal
    Brazilian offshore drilling player Petroserv Marine is set to be acquired by a consortium of financial investors. A special purpose vehicle PS Marine Holding will take over all Petroserv's assets via a share purchase of its subsidiary, Universal Energy Resources for an undisclosed sum. Founded in 1972, Petroserv currently owns and operates a fleet of ...
  • D'amico gets rid of its oldest tanker for $27.4m
    Italian owner d'Amico International Shipping has sold its 47,162 dwt MR product tanker vessel Glenda Melanie for a consideration of $27.4m. The vessel was built in 2010 by Hyundai Mipo in South Korea and is the oldest vessel in d'Amico Tankers-owned and bareboat chartered-in fleet. At the delivery of the vessel, the company will generate ...
  • Schoeller-backed bunker platform launches
    Fuelink, a maritime technology provider, has launched its new digital platform providing bunker data management and fuel supply optimisation. Fuelink has been developed in conjunction with maritime energy solutions provider, Baseblue and diversified fleet owner, Schoeller Holdings. Fuelink enables fuelling strategy forecasting, bunker price comparisons and compliance with the European Union's Emi
  • Genco pockets extra $10.5m from delayed sale of two capes
    Sometimes in the lottery that is shipping a failed deal can be a bonus. Last month US-listed bulker player Genco Shipping & Trading revealed that it had terminated agreements to sell the 2010-built Genco Claudius and 2009-built Genco Maximus due to what Genco said was the buyer's breach of the agreements' terms. Genco has since ...
  • NGM Energy sells 2010-built cape for $32.5m
    The highly active S&P markets continue with notable activity in the bulker sector. This week, a famous Greek name has emerged at the top of multiple broker reports. Greek owner NGM Energy is reported to do what it does best, pocketing millions from buying and selling ships. This time, NGM Energy has sold a cape ...
  • Panama Canal Authority adds three more daily transit slots
    Solid amounts of rain have allowed the Panama Canal Authority (ACP) to add three extra slots per day at its panamax locks, taking the total daily maximum transits to 27, still more than 10 shy of the waterway's normal maximum, but a sign that the worst is over from the record drought that has been ...
  • Filipino crew head home from tanker seized by Iran
    Iran is releasing all the remaining crewmembers of the Greek-owned tanker St Nikolas, which was seized by Iranian military forces in the Gulf of Oman in January under a deal whereby a replacement crew will come to look after the Empire Navigation-owned suezmax. The Philippines' Department of Foreign Affairs (DFA) reached an agreement with Iran ...

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Lloyd's List web site
MARCH 12, 2024
  • Scale the key for MSC in post-2M era
    MSC's unrivalled capacity and weighty orderbook ensures it has the flexibility to respond to market requirements as it prepares to...
  • Rerouting pushing up ETS bill for containership operators
    Container lines have increased sailing speeds to maintain schedules on the longer routing around the Cape of Good Hope. But...
  • International Group outlines strategic road map
    Maintain inclusive approach to insuring owners using alternative fuels, IG tells members
  • Likes and shares: Shipping on social media and equity markets
    Company bosses can boost their online profile, and perhaps their share price, with an online following. But it has to...
  • Ship recycling recovery not expected until second half of 2024
    Recycling volumes in the first two months of 2024 were less than half the levels seen in January and February...
  • Panama Canal adds extra slots
    An improvement in water levels in Gatun Lake has prompted the ACP to add extra panamax transits. But total crossings...
  • Bangladesh-flagged bulker hijacked off Somalia as resurgent piracy threat escalates
    Pirates have taken control of a Bangladesh bulker, Abdullah, with 23 crew on board as it sailed from Mozambique to...
  • Shippers lobby for direct container links to northern UK ports
    Over half of UK cargo is destined for the northern half of the country. But the three main container hubs...
  • Germany still world's biggest boxship player, claims VDR
    Press conference in Hamburg highlights challenges, including political tensions, recruitment and decarbonisation
  • Houthis threaten to escalate attacks during Ramadan
    The Iran-backed rebels warned of heightened military activities in the month of Ramadan, which concludes on April 9
  • HD KSOE lands four more VLCCs as ordering accelerates
    Year-to-date VLCC order count has reached 23 ships, surpassing the 18 ordered in all of 2023 and three in 2022
  • Daily Briefing
    Chinese demand props up Russia oil exports amid Western pressure | Turkish oil storage terminal stops accepting Russian oil on...
  • ONE sets up new regional headquarters in Dubai for west Asian market
    Sundeep Sibal, the head of global commercial service management at ONE, will lead the new regional headquarters

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The Journal of Commerce web site
MARCH 12, 2024
  • Canada's TFI buys Hercules Forwarding, extending LTL cross-border reach
    Montreal-based TFI gains capacity and capabilities on both the northern and southern US borders by acquiring Hercules, a less-than-truckload provider specializing in cross-border freight.
  • Seaboard Marine boosts US Gulf short-sea capacity to Central America
    Seaboard is adding calls to Costa Rica and Panama, among other countries, as Central American economies look to source raw materials from the US.
  • Red Sea crisis, Gemini alliance dominate 'corridor talk' at TPM24: analyst
    The uncertain security situation in the Red Sea and the pending partnership between Maersk and Hapag-Lloyd were, not surprisingly, popular talking points outside the conference's formal agenda, says Lars Jensen.
  • DP World shuns asset-light approach in rapid expansion of forwarding unit
    The port operator has grown its global forwarding footprint to 100 offices, using its network of terminals, warehouses, road and rail to provide greater visibility and control of shipments.
  • Asia-Europe ocean rates in rapid retreat as market settles into new normal
    As the shock of diversions around southern Africa wears off and weekly schedules mostly return to normal, the spot rates that peaked in mid-January are falling fast.
  • Railroads seek better communication with shippers on cargo movement
    While there is strong communication between motor carriers and railroads in the domestic intermodal market, those links don't yet exist between railroads and international shippers.

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TradeWinds web site
MARCH 12, 2024
  • Bimco chief urges IMO fuel standard as 'central' to cutting shipping's carbon
    Head of shipowners group says fuel standard will push significant greenhouse gas emissions cuts
  • Ageing VLCCs change hands as asset values fall back to earth
    Owners selling large tankers are not banking anywhere near what they would have achieved a year ago, brokers say
  • What latest Russian refinery attacks mean for tankers
    Ukrainian drone attacks mark escalation against Russian energy assets after more than two years of war
  • What do the latest attacks on Russian refineries mean for tankers?
    Ukrainian drone attacks mark escalation against Russian energy assets after more than two years of war
  • Beware the hangover as container ship owners enjoy the rates party
    Boxship owners push for longer periods as charter rates plateau
  • Shipbroker, author, salesman: Michael Tusiani reflects on five decades in shipping
    Connecticut Maritime Association's incoming Commodore to be recognised for the 'value' he's brought
  • Alexander Hansson snaps up more Nordic American Tankers shares
    Second share purchase in days by the son of the company's founder
  • Performance Shipping tanker newbuildings clinch juicy long-term charters with Clearlake
    Gunvor unit commits to employ large product tankers well into the next decade
  • Dorian LPG gears up for 'hydrogen age' with VLGC upgrades
    But Oystein Kalleklev bets a steak dinner that midsize gas carriers will win the day
  • Insurer NorthStandard turns to AI in bid to improve navigational safety
    P&I club will encourage members sign up to Orca AI's situational awareness solution
  • JP Morgan linked to sale of LNG newbuildings at record price
    US producer Venture Global LNG moves in on early-delivering vessels as it holds on to its export volumes
  • Ray Car Carriers sets post-financial crisis price record as it joins VLCC newbuilding drive
    Shipowner adds its name to the elite group of major shipowners securing big tanker newbuildings
  • Union Maritime opts for wind power on new LR2 tankers in China
    UK owner showing commitment to sustainability and innovation in new deal with BAR Technologies
  • Free-spending German shipowners grow national fleet for first time in over a decade
    A decade of decline is reversed as German shipowners return to secondhand and newbuilding markets
  • YPF eyes up relocating Petronas FLNG unit to Argentina
    State-run entity opts to move ahead on large-scale LNG project
  • Greek shipowner Sea World piles up old tanker sales with aframax deal
    After offloading some of its oldest MRs, the Athens-based company seems about to do the same with crude carriers
  • Only way is up? VLCC owners await April loading dates in volatile markets
    Brokers looking to new cargoes to provide market direction as fixture flurry fades
  • Pirates take 23 seafarers hostage in bulker hijacking off Somalia
    Unnamed vessel slowed to 1 knot while heading north
  • Hijack fears after bulker boarded off Somalia
    Unnamed vessel slowed to 1 knot while heading northbound
  • Ray Car Carriers joins VLCC newbuilding drive with $520m deal
    Shipowner adds its name to the elite group of major shipowners securing big tanker newbuildings
  • Sanko Steamship checks out of shipowning on a high note with bulker sale
    More Japanese secondhand tonnage likely to hit the market as prices are set to stay high
  • Intership hires ex-Maersk executive Michael Elwert to boost post-management buyout board
    Cypriot company adds experienced executive who began shipping career at Maersk
  • Houthis vow Red Sea Ramadan ramp-up as Yemen says US-led airstrikes kill 11
    US responded to assault on a container vessel with six strikes targeting an underwater drone and 18 anti-ship missiles
  • Michael Parker's cure for shipping slump in global capital markets
    Citi lender gives Capital Link conference some news that could cheer his investment banking counterparts
  • 'It's like the Wild West': Battle ignites for shipyard space and secondhand vessels
    Owners may have cash but with newbuilding slots in short supply secondhand ships are fiercely fought over
  • D'Amico gets $20m cash injection from sale of oldest product tanker
    Italy's last public shipping company says the disposal is in line with its fleet modernisation plans
  • Andreas Sohmen-Pao's BW Group set to sell $83m slice of DHT Holdings stock
    Singapore shipowner has reduced its holding since ships-for-shares deal in 2017
  • Houthis vow Red Sea Ramadan ramp-up as US Navy fends off multiple missile strikes
    The US responded to an attack on a container ship with six attacks targeting an underwater drone and 18 anti-ship missiles
  • Ukraine blows up grounded Russian tanker 'used as control centre'
    Military issues footage of attack captured by drone
  • Switch from tankers to bulkers pays off for Joakim Hannisdahl's Gersemi fund
    Principal also talks up timely shorting of BW LPG stock
  • DNB targets shipping clients with new debt advisory team led by former HitecVision executive
    Unit will recruit more bankers to meet increasing demand from shipping, offshore and energy sectors
  • Advantage Tankers emerges as buyer of TRF VLCC for price that topped newbuilding cost
    Swiss owner adds seventh big tanker in acquisition spree
  • Panama Canal increases transits again as Red Sea still in crisis
    Gatun Lake water levels allow second increase of vessel throughput in two months
  • ONE targets Indian and Middle East markets with new Dubai regional HQ
    Singapore-based Japanese shipowner says region has become an increasingly key growth market
  • Pilot arrests Chinese bulker as gangway collapse ends his career
    Fujian Shipping vessel ordered to stay put in Deendayal Port in rare case of a ship arrested against injury claim
  • Singapore tightens foreign worker quotas for maritime sector
    Government wants industry to pivot towards higher-skilled, higher-value activities

news on subscription
American Shipper web site
MARCH 12, 2024
  • Photo Gallery: The BelugaST delivers satellite for rocket launch
    You're familiar with the term "when pigs fly." But what about a whale? Airbus flies a fleet of cargo jets that have an uncanny resemblance to a beluga whale.
  • US container imports robust in February; inbound volume forecast dicier
    Descartes' monthly report shows strong February container imports, but March and April volumes appear less certain.

››› 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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