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04 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
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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