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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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September 13, 2024

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Exim India web site
SEPTEMBER 13, 2024
  • Commissioner of Customs Ashima Bansal to grace Northern India Air Cargo Conclave & Awards 2024 in New Delhi on Sept. 27
  • DP World Mundra welcomes inaugural call of MGX-2 Service
  • Proposed US import tariffs projected to increase cost of ocean shipping
  • India to impose 12-30 pc tariffs on some steel products from China, Vietnam
  • Sea Cargo Manifest & Transhipment Regulations being rolled out
  • Govt to approve Rs 2-lakh-cr. highway projects by Dec.: Minister
  • Vessel commences maiden voyage from HDC to Jebel Ali as part of new Bengal-Middle East Express service
  • Red Sea crisis sees significant regional impact on container shipping
  • Atul Ubale to hold additional charge as Director (Finance) of S
  • Adani Ports likely to commission Berth No. 13 at DPA in FY27
  • Maritime industry leaders showing rising confidence on pivotal issues: Survey
  • iPhone exports from India surge 54 pc in April-August

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International Transport Journal web site
SEPTEMBER 13, 2024
  • Flying aftercoolers to an oil platform
  • More round trips on the French north-south route
  • Combilift secures double win
  • Challenge Group now Ceiv Li-batt certified
  • Studying exchange batteries in e-trailers
  • Inchcape: a bridgehead in Arica, Chile
  • From Kuehne + Nagel to BLG
  • Crossing 10,000 cranes
  • "Curiosity of the Day"
  • A wind farm milestone for Taiwan
  • US class I railway relies on short lines
  • Kiel's Port Award 2024 goes to ...
  • Latam Cargo picks Brussels as its European hub
  • Two wheels from Kuwait to Italy

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The Loadstar web site
SEPTEMBER 12, 2024
  • DSV likely to win DB Schenker fight as staff query union job loss calculations
  • Transatlantic trade bucks rate decline trend - but not over strike fears
  • 'DSV + Schenker' - shock, celebration and...risk
  • Liege customs could block ecommerce shipments after 'losing patience'
  • Garment exports face disruption following Bangladesh factory closures
  • US shippers indicate scant hope for rail carriers to regain business
  • Global biofuel production capacity predicted to be unable to meet shipping demand

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Marine Log web site
SEPTEMBER 12, 2024
  • Zelensky: Russian missile strikes ship carrying Ukrainian grain
    The Interfax Ukraine news agency reports Ukrainian President Volodymyr Zelensky as saying that today, Thursday, September 12, Russians launched a missile strike in the Black Sea against a ship carrying grain from
  • VIDEO: Vancouver Drydock completes CCGS Sir Wilfrid Laurier VLE project
    Seaspan's Vancouver Drydock in North Vancouver, B.C., has successfully completed the Vessel Life Extension (VLE) of the Canadian Coast Guard's CCGS Sir Wilfrid Laurier. After undocking at the end of April 2024,
  • U.K.'s FSS support ships to have MAN naval equipment package
    The three Fleet Solid Support ships (FSS) ordered for the U.K.'s Royal Fleet Auxiliary will feature an extensive range of MAN Energy Solutions equioment. The main task of the advanced FSS ships
  • FERRIES 2024: Leveraging technologies in ferry operations
    Leveraging technology in ferry operations can greatly enhance efficiency, safety, and customer experience. At Marine Log's FERRIES 2024 conference on October 29-30 in Seattle, Hornblower Group-a leading name in maritime and hospitality-along
  • AkzoNobel unveils new updates to Intertrac Vision coatings performance prediction tool
    AkzoNobel's International marine coatings brand has announced a series of updates to Intertrac Vision, its "big data" tool designed to provide accurate and transparent predictions on the fuel and CO2 savings potential

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Container News web site
SEPTEMBER 12, 2024
  • KPI OceanConnect expands global presence with new office in Japan
    KPI OceanConnect, a global provider of marine energy solutions, has announced the opening of its new office in Tokyo, Japan, further strengthening its regional presence and support for local customers. This marks the company's fifth office in Asia, highlighting its commitment to strategic growth in the region. Japan, known for its innovation in the maritime industry and home to the world's third-
  • MSC adjusts emergency operations surcharge for West Med, Adriatic and Israel to America trade
    MSC has announced an adjustment to the following emergency operations surcharge (EOS), effective from 10 October 2024. The updated EOS rates are as follows: Previous EOS: US$1,200 for 20', US$1,500 for 40', and US$2,000 for reefers. New EOS: US$1,700 for 20', US$2,000 for 40', and US$2,500 for reefers. The existing freight rates remain unchanged. For reference, these rates are available below. Al
  • China's expanding presence in African ports
    Africa has become a focal point for China's Belt and Road Initiative (BRI), with the continent emerging as the largest recipient of Chinese engagement in 2023. This strategic focus is further underscored by China's recent agreement with Liberia . This indicates that China is actively seeking to increase its presence in West Africa, leveraging the region's importance to global trade routes. Accord
  • APSEZ signs 30-year deal to develop new berth at Deendayal Port
    Adani Ports and Special Economic Zone (APSEZ), India's major port developer and operator, has entered into a concession agreement with Deendayal Port Authority (DPA) to develop Berth No. 13 at Kandla's Deendayal Port in Gujarat, India. APSEZ has established a wholly owned subsidiary, DPA Container and Clean Cargo Terminal Limited (DPACCCTL), to manage operations at the berth. In July 2024, APSEZ
  • Ports around the Red Sea area struggle with sharp decline in deep-sea calls
    "We are now more than half a year on from the beginning of the Red Sea crisis, and the severe impact on the container shipping industry continues unabated," pointed out Alan Murphy, CEO of Sea-Intelligence. According to the Danish data analysis firm, the following figure highlights the number of deep-sea port calls in the key regions near the Suez Canal-namely the East Mediterranean (East MED), t
  • Valenciaport's solar plants operate at full capacity
    Valenciaport's solar power generation facilities have been operating at full capacity during the summer months. Since their launch earlier this year and up until July, they have not only surpassed the initial production forecasts but also helped reduce CO2 emissions by 106.78 tonnes. Currently, Valenciaport has two fully operational photovoltaic plants: one at the Port of Valencia and another at
  • Major solar park set to transform port of Riga into green energy hub
    On 9 September, an agreement was signed between the Freeport of Riga Authority and Lithuanian company SNG Solar for the lease of land in the Spilve Meadows area of the Latvian port. This deal marks the beginning of a major solar energy project at the port of Riga, which will include the installation of solar panels, the production and storage of renewable electricity, and the development of hydro
  • PortMiami secures US$19.5 million grant to enhance flood protection and resilience at Berth 10
    In alignment with Miami-Dade County Mayor Daniella Levine Cava's Climate Action Strategy and Future-Ready Economic Plan, PortMiami has been awarded more than US$19.5 million from the Resilient Florida Program. This funding will be used to build a new, elevated bulkhead system at Berth 10 to safeguard the surrounding uplands from flooding and the impacts of rising sea levels. "This funding from th
  • Global bunker indices decline for second consecutive week
    In the 37th week of the year, the Marine Bunker Exchange (MABUX) global indices continued their downward trend for the second week in a row. The 380 HSFO index dropped by US$15.81 to US$491.27/MT, dipping below the US$500 threshold. The VLSFO index saw a decline of US$21.21 to US$595.48/MT, sliding under the US$600 mark. Meanwhile, the MGO index fell by US$19.24 to US$747.06/MT. "At the time of w
  • SK tes launches electric vehicle battery recycling plant at Port of Rotterdam
    SK tes, an international battery recycling company, is launching a new facility at the Port of Rotterdam dedicated to recycling spent lithium batteries, electric vehicle batteries, and production scrap. This facility plays a crucial role in recovering key raw materials to meet the growing demand for battery production, particularly for electric vehicles. The plant processes battery manufacturing
  • DSV wins DB Schenker acquisition race
    According to a latest Reuters report, Danish logistics firm DSV will acquire Deutsche Bahn's rail logistics arm DB Schenker. The transcation cost will amount around US$15.5 billion and the contract will be signed in the next days, after the deal receives the approval by Deutsche Bahn's supervisory board. DSV's latest competitor was Luxemburg-headquartered financial investor CVC, which was the onl
  • Survey confirms continued rise in freight demand for US-bound shipments in August
    Container xChange , the global online marketplace for container trading and leasing, released new data that provides insights into the latest container leasing rate trends from China to the United States and Europe. As the global container shipping industry faces ongoing challenges, the data indicates a plateauing trend in container leasing rates, with significant regional variations. According t
  • Gambia Ports Authority selects Prodevelop's Port Management Information System
    The Gambia Ports Authority has reinforced its commitment to digitalize its operations by selecting the Spanish company Prodevelop, in partnership with local firm Lasting Solutions, to implement the Port Management Information System (PMIS), Posidonia Management. For Gambia Ports Authority it is crucial to optimize internal port management. Prodevelop's PMIS is a tool for digitalizing and streamli
  • Liberia and China strengthen ties with renewed agreement
    The Liberian Registry, the largest ship registry in the world, announced the renewal of a historic maritime agreement between the People's Republic of China and the Republic of Liberia. This renewed partnership aims to strengthen relations between the two governments and offer substantial benefits to vessels flying the Liberian flag. The agreement was signed by Neto Zarzar Lighe Sr., Commissioner

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Splash web site
SEPTEMBER 12, 2024
  • Russia accused of striking bulk carrier in international waters
    Marking the first confirmed strike on a merchant ship in the Black Sea in many months, a Saint Kitts and Nevis-flagged bulk carrier was struck by a Russian-launched missile last night after departing from the port of Chornomorsk, Ukraine. According to maritime security sources, the 27,239 dwt bulker Aya, which was transporting grain to Egypt, ...
  • Nexans invests $99m to boost offshore wind growth in Europe
    French cabling specialist Nexans has announced plans to invest €90m ($99m) to support the growth of offshore wind in Europe. The investment will include the construction of a new, 53-meter tower for the insulation of onshore cables at Nexans' plant in Charleroi, Belgium, and will allow for the production of 3,000 mm2 525kV HVDC onshore ...
  • American study makes strong case for greater shore power investment
    A landmark study released today makes a strong case for shore power at ports across the world. Issued by the International Council on Clean Transportation (ICCT), an NGO from Washington DC, the study is the first nationwide American port emissions screening for at-berth vessels. Using the ICCT's systematic assessment of vessel emissions model and automatic ...
  • World's longest green corridor proposed to get kiwis to Europe
    Kiwifruit marketer Zespri and its shipping partner ANL, CMA CGM's Australian subsidiary, have launched a feasibility study into the possibility of a low-emissions corridor between New Zealand and Belgium. A feasibility study was launched earlier this week which will look into setting up a low-emissions shipping corridor between Tauranga and Zeebrugge via the Panama Canal. ...
  • Dutch authorities assess bridge hit by overstacked container barge
    A cargo barge has collided with the Willemsbrug road bridge in Rotterdam resulting in five containers falling into the Maas river. The collision at the bridge happened at around 8:45 am local time on Wednesday. Investigations are ongoing to assess the extent of the damage. Fortunately, no one was injured. The bridge did sustain damage ...
  • Cido's cape exit confirmed
    Cido Shipping's cape exit has been confirmed as Chinese cape player Rongchang welcomes its fourth cape in three years. This summer sales chatter surrounded the sale of the 18-year-old cape, Great Navigator, with a few brokers indicating that that ship was for sale. Now a price tag of $19m and the buyer is attached to ...
  • Vale ups iron ore export forecasts
    In a boost for capesize owners, Brazilian mining giant Vale yesterday upped its full year iron ore export forecast to between 323m and 330m tons, up from earlier predictions of 310m to 320m tons. The news is juxtaposed against a time when iron ore prices are at two-year lows. Cape rates have enjoyed a very ...
  • Bassadone spins off Peninsula's shipping business
    Bunkering giant Peninsula has spun off its shipping activity. John Bassadone, Peninsula's founder, yesterday officially launched his shipping venture, Hercules Tanker Management (HTM), operating as an independent shipowner, active in chartering tonnage and commercial management. Tonnage previously owned and operated by Peninsula has moved to HTM, but will continue to be utilised by Bassadone's ma
  • Troubled ship carrying ammonium nitrate applies to call in Lithuania
    A troubled Russian ship with a potentially explosive cargo of 20,000 tons of ammonium nitrate is seeking permission to carry out repairs at Lithuania's Klaipeda port. Splash reported last week that the Ruby, a 37,000 dwt open hatch carrier, carrying 20,000 tons of ammonium nitrate, sought emergency refuge at the port of Tromso in northern ...
  • Hanwha looking to take full control of Dyna-Mac with tender offer
    South Korean conglomerate Hanwha Group has made it known that it plans to acquire all shares it currently does not own in Singapore-based oil and gas fabricator Dyna-Mac via a tender offer worth up to 600bn won ($448m). The conglomerate's defence and shipbuilding units Hanwha Aerospace and Hanwha Ocean already own a combined 25.36% stake in ...
  • Gulf Marine Services pens new long-term vessel deal
    London-listed liftboat operator Gulf Marine Services (GMS) has won a new long-term contract for one of its vessels in the Gulf Cooperation Council (GCC) region. The contract spans a total of five years, inclusive of optional extensions, and contributes to further improvement in fleetwide average day rates. This contract takes the company's backlog to $464m. ...
  • IKM Operations gets work on three Repsol fields in Norway
    The Norwegian arm of Spanish energy giant Repsol has picked IKM Operations for the provision of integrity management services at three oil and gas fields off Norway. The scope of work includes engineering tasks and inspections at Repsol Norge topside facilities and subsea installations and pipelines at the Yme, Rev, and Blane fields. The contract ...
  • A $13m extension keeps Prosafe flotel in Gulf of Mexico for even longer
    Semisub accommodation vessel owner Prosafe has won another extension for the charter of its flotel Safe Concordia. The company won the original contract for the vessel with an undisclosed US Gulf of Mexico major back in October 2022. The initial deal for the 2005-built unit entailed accommodation and construction support services for 330 days with ...
  • Iberdrola secures contract to build 791MW wind farm off Massachusetts
    Spanish electric utility company Iberdrola, through its US subsidiary Avangrid, has been awarded a 791MW contract to build the New England Wind 1 offshore wind farm. When operational the wind farm will produce clean energy to 400,000 homes. The project will also create more than 4,400 full-time equivalent jobs and bring $3bn of local investment ...
  • Germany approves Meyer Werft bailout
    The federal government and the state of Lower Saxony are collectively buying up 80% of Meyer Werft, as one of Germany's most famous shipbuilders struggles with a nearly €2.8bn ($3bn) hole in its balance sheet. The German federal budget committee approved the government's plan to save the shipbuilder yesterday morning which will see the company's ...
  • Exploring hydrogen-based fuel opportunities in Asia-Pacific and Africa
    Dr Carlo Raucci, director of sustainable fuels and strategy at the Lloyd's Register Maritime Decarbonisation Hub, writes for Splash today. As the maritime industry faces growing pressure to decarbonise on a global scale, hydrogen-based fuels are emerging as one of the key options to reduce emissions. But tackling this global challenge will require global cooperation, ...

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Lloyd's List web site
SEPTEMBER 12, 2024
  • UK contributed to 'shadow fleet' evolution as sanctions side effect, says Sovcomflot
    On Wednesday, the UK sanctioned a further 10 tankers owned by Sovcomflot for breaching the oil price cap imposed on...
  • Recently acquired Schuyler Line secures $17.1m US government contract
    Schuyler Line, which was recently acquired by institutional investors advised by JP Morgan, has secured a US government contract worth...
  • Default clause should reverse decline in Lloyd's Open Form use, Lloyd's Market Association insists
    'Our members really do like Lloyd's Open Forms, in the right circumstances. It is the best contract when you have...
  • Vale increases its iron ore forecasts as cape rate recovery shows staying power
    Brazil-based mining giant announced the increase to investors this week, despite iron ore prices falling in 2024
  • Dark fleet tanker Mando One seen at anchor off Italy
    Elderly ship is one of 30 linked to Radiating World Shipping Services and Star Voyage Shipping Services, listed by the...
  • Red Sea crisis may have a longer tail for box shipping
    The length of time that the Red Sea crisis will keep holding back a wave of overcapacity in container shipping...
  • Vessel leaving Ukraine struck by Russian missile
    There are no known casualties so far following Russian strike. Vessel was destined for Egypt with Ukrainian grain cargo
  • European shipowners launch clean fuels platform with producers
    Ecsa and fuel producer organisations such as FuelsEurope and EWABA set up the new platform to improve communication between the...
  • G7 price cap undermined as oil price drops and Russia reintroduces sanctioned tankers
    Four Sovcomflot tankers designated by the US Office of Foreign Asset Control in February loaded cargoes in August, along with...
  • The week in bunkers: Is Rotterdam's subsidised bio-diesel an option for ETS and FuelEU compliance?
    Bunker bio-diesel prices could rise in 2025 if suppliers cannot claim Dutch subsidies called HBE-G for ISCC-certified products
  • State support for troubled cruiseship builder a 'very good' deal for German government
    The problems Meyer Werft is experiencing are of a temporary nature, says Reinhard Lüken of the German Shipbuilding and Ocean...
  • Yangzijiang to take 34% stake in Tsuneishi's China yard for $117m
    The joint venture is expected to combine the strengths of both groups
  • Hafnia cannot locate owner, manager or insurer of Iran-linked tanker Ceres I
    Hafnia's inability to 'directly communicate' with those behind the vessel Ceres I underscores the risks for vessels transiting through South...
  • Australia to build strategic fleet through pilot scheme
    Establishing a strategic fleet was an election promise of the Albanese government in 2022, and now a pilot scheme will...
  • Former CSSC financial executive faces bribery charge
    A court in Shanghai has approved the arrest of Li, who has been handed over to prosecutors
  • Seafarer mental health exclusion criteria needs revision as shipowners play it safe
    While it is crucial to distinguish between a temporary 'state' and a long-term 'trait' when assessing seafarers' mental health for...
  • Predicting geopolitics 'a mug's game', shipping investors told
    Trying to predict when the wars in Ukraine or Gaza will end is hard. But when they do end, the...
  • Hanwha to acquire Singapore topsides specialist
    Hanwha Group plans to exploit synergies, with the reputed fabricator to meet expected rising global demand for floating offshore plants
  • Daily Briefing
    The curious case of an Iran-linked gas carrier anchored off Houston | Blueprint for Europe's economic overhaul reinforces need for...

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The Journal of Commerce web site
SEPTEMBER 12, 2024
  • ZPMC 'pressures' US ports for remote crane access: House report
    The report aims to bolster the case for heightened cyber-security efforts at US ports, which the congressmen who authored the report say are vulnerable to Chinese espionage.
  • MSC's global scale enables standalone network coverage
    The carrier this week unveiled a comprehensive network coverage plan, coupled with two slot-swap agreements, that it described as "independent, competitive and complete."
  • Robust e-commerce demand a gift for air cargo carriers: airline executives
    Still, the buoyant mood of carriers contrasts with global forwarders that have low levels of exposure to e-commerce shipments and are under pressure to find capacity for traditional customers.
  • Norfolk Southern fires CEO Shaw after probe; CFO George elevated to top job
    The railroad terminated Shaw's employment after an internal investigation found he engaged in a relationship with the company's chief legal officer in violation of NS policy.
  • Tale of woe for ocean container shippers going from bad to worse
    For shippers fending off one supply chain shock after another, all the while trying to keep inventory and other supply costs in control, what is happening on the carrier front for them is yet another headache, and one not likely curable any time soon.

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TradeWinds web site
SEPTEMBER 12, 2024
  • Jefferies cuts Nordic American Tankers on fleet age and Tsakos Energy on debt ratio
    Both companies go to 'hold' status, but analyst Omar Nokta is generally positive on tankers heading into winter
  • South Africa mounts rescue after Alphard-owned offshore vessel beset by fire and abandoned
    Fire started in galley and spread uncontrollably, but all crew members are safe
  • Quality first: Nordic American having 'no trouble' fixing older suezmaxes
    Chief executive Herbjorn Hansson says good people and good ships can trump younger tankers
  • Global supply chains at risk without seafarer reforms, new report finds
    Global Maritime Forum initiative urges action to protect workforce well-being
  • Tysers anoints Gard the king of the P&I jungle
    Insurance broker says Norwegian insurer set to continue its domination of the sector
  • Existing fleet 'biggest problem' facing green shipping drive, says engine maker boss Uwe Lauber
    "It's not a slow transition ... but it will take time," says IMO's Dominguez
  • Juicy shipping deals and call options: How Bassadone and Bugbee made big bucks on side bets
    This week's Streetwise takes a look at how two shipowners have put their money to work quite profitably
  • Navigator Holdings seen 'riding the NGL wave' as DNB starts coverage with 'buy'
    Company is trading at 'solid' discount, analyst Jorgen Lian says
  • Grain ship hit by Russian missile, Ukraine president Zelensky claims
    Ukrainian president says no human casualties reported so far in the incident
  • NAT boss Herbjorn Hansson would sell the company 'tomorrow' for the right price
    Norwegian executive has John Fredriksen on speed dial, but merger not on the cards
  • Shipowners' Club eyes changing weather amid improving results
    Specialist P&I provider is monitoring weather patterns to gauge impact on smaller vessels
  • International Seaways happy to have John Fredriksen on board after takeover scare
    CFO Jeffrey Pribor discusses 'really nice relationship' with tycoon
  • Oil price shift gives VLCC owners hope as Atlantic loadings set to rise, BRS says
    Shipbroker believes narrowing of gap between Brent and Dubai grades will increase tanker utilisation next month
  • Owners splurge $135bn on newbuildings as prices stay high, Clarksons says
    UK shipbroker believes 2024 set to be one of the strongest on record for shipyard contracts
  • China slowdown puts brake on global oil demand, says energy body IEA
    Chinese switch to electric vehicles and long-distance train travel appears ahead of schedule, says group
  • Red Sea and Panama Canal disruption cost economy $1.25trn, says Russell Group
    Russell Group says crude oil, plastics and cars among the sectors most badly affected
  • Costamare shifts strategy, from capesizes to a $25m ultramax deal - what's behind the move?
    Greek owner is believed to have picked up a 10-year-old Japanese vessel
  • Galveston LNG Bunker Port gets gas supply in place
    Developers advance LNG marine fuel project for the US Gulf region
  • Stormtroopers, shipping and the shadow fleet: Why the seas need rules
    Shipping leaders fear for the long-term consequences of war on the law of the seas
  • Bulker carrying explosive cargo seeks repairs in Lithuania after Norwegian expulsion
    Master of Ruby applies to dock in Klaipeda with 20,000 tonnes of ammonium nitrate on board
  • Fresh Red Sea salvage operation underway to save tanker struck by Houthis
    'More powerful means' to be employed in second attempt to rescue the burning 163,800-dwt Sounion
  • Hanwha Ocean and affiliate make play for offshore marine construction company
    Group companies make offer on Singapore's Dyna-Mac Holdings in bid to grow FLNG and FPSO business
  • Red Sea and Panama Canal disruption cost economy $1.25 trillion, says Russell Group
    Russell Group says crude oil, plastics and cars among the sectors most badly affected
  • Nautilus International's Mark Dickinson elected president of UK Trades Union Congress
    First seafarer to hold the position since 1958
  • How Western shipowners are profiting from the rise of Putin's shadow fleet
    Analysis of ship loadings at Russian port highlights the scale of the sale-and-purchase boom in ageing tankers
  • Costamare switches focus to ultramax segment amid rising S&P market
    Greek owner is believed to have spent $25m on 10-year-old Japanese vessel
  • Frontline bullish on tankers as market passes early September threshold
    John Fredriksen-backed owner found 9 September is the typical bottom of the tanker market
  • Ship repair companies chase shipowners for payment in new arrest cases
    Vietnamese chemical tanker and a US tug are seized by the Sheriff of Singapore
  • 'Getting people to invest is one of the hardest tasks we have,' says Tufton chief
    Shipping divided on whether now is the time to invest
  • Turkey snubs EU over weapons check on Libya-bound container ship
    Irini taskforce says it was denied access to Arkas Line's Matilde A
  • Inge Reinertsen 'takes captain's armband' as CEO of expanded SpareBank 1
    CFO steps up to run lender, which will seal merger with sister operation on 1 October
  • France chases master of Russian ro-ro for alleged sanctions breaches
    Cargo ship left French port the day after the start of the Russian invasion of Ukraine
  • Glencore's former oil boss denies bribery as major UK trial approaches
    Four other ex-traders face charges in case relating to alleged corruption in Africa
  • John Fredriksen's SFL lands cheaper bond financing with new $69m five-year issue
    Shipowner will call existing NOK 600m 2025 bonds
  • Singapore court warns against using 'blunderbuss' approach to set aside arbitration awards
    Judge stresses the importance of adopting a 'discerning approach' rather than throwing the kitchen sink

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American Shipper web site
SEPTEMBER 12, 2024
  • Air Canada labor dispute puts supply chains at risk
    Air Canada and Canadian businesses are imploring the Canadian government to take action as the airline's standoff with pilots over a new contract nears a tipping point.
  • Potential port strike a dilemma for Harris
    The Biden administration could face either the wrath of unions or public perceptions of a faltering economy, depending on whether it intervenes in East and Gulf Coast dockworkers' labor dispute with port employers.
  • WestJet adopts new business model for freighter aircraft
    WestJet Cargo is trying to find an alternative revenue stream after a new investment in four freighter aircraft didn't meet revenue expectations.

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