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24 April 2025 - Year XXIX
Independent journal on economy and transport policy
21:18 GMT+2
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BRIEFS
April 16, 2024

free news
Exim India web site
APRIL 16, 2024
  • Pentagon Freight makes strategic investment in Pentafox Technologies
  • US condemns Iran's seizure of MSC Aries
  • GDP seen growing at 7 pc in FY25: ADB
  • Nepal seeks Customs agreement to curb border trade offences
  • Some vehicle exports dip in FY24
  • EU tanker tonne mile demand up as vessels increasingly sail via Cape of Good Hope
  • 'Pratap's Amazing Musicians' - 'Unveiling the Unheard'
  • Indian real estate expected to reach $1.5 tn by 2034; driving 10.5% of economic output: Report
  • Overall exports marginally up in 2023-24
  • Govt asks pulses importers to use rupee-kyat system with Myanmar
  • CONCOR physical volumes - Q4 and Fy
  • Rethinking reefer logistics at Rotterdam port: Shifting from road to water via 'cool corridor'
  • Inconsistency seems the only constant on Transatlantic fronthaul: Analysis
  • Exports to Europe seen impacted due to Iran-Israel conflict
  • Indian Register of Shipping announces technology hire at senior management
  • Singapore retains top spot in Leading Maritime Cities Report 2024
  • China's exports down in March

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International Transport Journal web site
APRIL 16, 2024
  • Ambrogio intermodal buys 50 railcars
  • Hong Kong again tops the busiest cargo airports
  • Smartlynx appoints deputy CEO
  • A Parisian forum for sustainable logistics
  • Geis wins gold and silver
  • Safety of seafarers a paramount concern
  • A new mindset for the charter business
  • PMSA president retires after 29 years
  • Maersk expands to Sri Lanka
  • Upgrading truck stops for tired truckies
  • Optimising cargo operations in Budapest
  • Demand for immediate release of "MSC Aries"
  • First converted e-freighter makes its debut
  • "Curiosity of the Day"
  • Prizes for design in the transport sector
  • Complementing Canadian ship construction
  • 500,000 freight wagons to be refitted
  • "M.V. Jamno" rings in this year's shipping season

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The Loadstar web site
APRIL 15, 2024
  • Urgent call for breakdown of cargo onboard as General Average declared on Dali
  • HMM leads as South Korea embarks on state-backed box fleet expansion
  • OceanX: 'Geo shrapnel' hits shipping as Kuehne makes waves
  • Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
  • It's all politics: Cosco-backed Peru port project at risk
  • Bottlenecks and price hikes as airlines now avoid Iran airspace
  • Iran may now pose a threat to multimodal supply chains via Dubai
  • Flexport is 'back on track' - now it needs to start growing again

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Marine Log web site
APRIL 15, 2024
  • CBO: New LSM medium landing ships would cost two to three times more than Navy estimates
    Back in January, Naval Sea Systems Command issued the Navy's initial Request For Proposals (RFP) for the detail design and construction (DD&C) of six landing ship medium (LSM) ships. Now it appears
  • VIDEO: Seatrium AmFELS launches first U.S.-built WTIV
    Virginia power utility Dominion Energy reports that its Coastal Virginia Offshore Wind (CVOW) project has marked two milestones. In the first of these, its Jones Act compliant wind turbine installation vessel (WTIV)
  • VIDEO: Iran seizes Israeli-linked MSC Aries
    With two of its ships having previously been attacked by Houthi missiles, with one of them, the MSC Sky II, receiving damage, Mediterranean Shipping Corporation must be aware of the dangers of

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Container News web site
APRIL 15, 2024
  • Bangladeshi hijacked ship, crew released from Somalia
    The hijacked Bangladeshi ship Abdullah and its crew were released from Somalia in the early hours of Sunday after US$5 million was paid as ransom. The ship is now returning to the United Arab Emirates, before the crew members fly to Bangladesh, to meet their nearest and dearest ones who have been anxiously waiting for them since the ship was hijacked on 12 March in the Indian Ocean by a group of
  • BICT offers connectivity to North Africa and Spain through MSC vessels
    Batumi International Container Terminal (BICT), a business unit of International Container Terminal Services, Inc. (ICTSI), located at the Port of Batumi in Georgia, will soon provide improved connectivity to North Africa and Spain through the enhanced Batumi - Gioia Tauro service by Mediterranean Shipping Company (MSC), commencing in mid-April. MSC's upgraded service will include weekly calls to
  • Escalating Middle East tensions trigger projected surge in war risk premiums and freight rates
    In a significant escalation of tensions in the Middle East, Iran's capture of the MSC Aries, a container ship linked to Israel, has reverberated throughout the maritime industry. This development, occurring before the missile attacks on Saturday, 13 April 2024, underscores the deepening conflict in the region. Believed to be in response to an Israeli raid on the Iranian consulate in Syria, the ca
  • Subrosa Group launches maritime security division
    Subrosa Group (SRG) announced the inauguration of its latest division, SRG Maritime Security, dedicated to providing top-tier security services worldwide to the commercial shipping and offshore industries, private vessels, and superyachts. Led by Niall Burns, CEO of SRG, whose career in specialist security spans more than 24 years, starting in the UK Military's Royal Marines and later as a member
  • How to Test Drive a Car Before Buying: Best Practices for Prestigious Cars
    Test driving a car is a fundamental step you cannot skip when buying the car. Other than the fact that it lets you inspect the car's interior, it also allows you to get a feel for its driving characteristics and comfort level first-hand. And it doesn't even matter whether you're working with a prestige elite car rental company or any ordinary common car rental service. Having the opportunity to t
  • Israeli violence ratchets up Middle East threat levels as Iran responds
    Events over the weekend of the 13-14 April have seen rising tensions soar as Iran's pre-publicised action in retaliation to Israel's Syrian consulate attack took place hours after an MSC ship was hijacked by the Iranian Republican Guard. Hours before Iran launched a massive and widespread attack on Israel for the first time, Iranian forces boarded the 15,000 TEU MSC Aries and forced the ship and
  • Political strikes disrupt Helsinki port's container traffic
    Political strikes have halted container traffic at the Port of Helsinki for around four weeks this spring, leading industrial operators and traders to rely more on lorries for transporting goods. Consequently, Vuosaari Harbour experienced a decrease in activity, while heavy traffic surged in West Harbour. However, passenger traffic remained unaffected and even saw a slight increase compared to th
  • FBI opens investigation into Baltimore bridge fatal accident
    The Federal Bureau of Investigation (FBI) is conducting a criminal investigation into the fatal accident of the 10,000 TEU container vessel Dali, which destroyed Baltimore's Francis Scott Key Bridge. FBI's investigation is focused on the circumstances leading up to the bridge collapse and whether all federal laws were followed, according to an Associated Press report. The FBI was present aboard t
  • Eurogate partners with Prodevelop
    German port and terminal operating company Eurogate has announced a groundbreaking partnership with Prodevelop, signifying a significant step forward in revolutionizing container terminal operations. Prodevelop's expertise in Internet of Things (IoT) and Big Data projects has been instrumental, positioning them as a key services partner for implementing the Digital TwinSim solution at EUROGATE Co
  • European Parliament passes law requiring zero-emission trucks by 2040
    The European Parliament has approved legislation mandating that nearly all newly sold trucks by 2040 must be zero-emission. The green organization Transport & Environment (T&E) said this law was reached through negotiations between Members of the European Parliament (MEPs) and governments and will support European manufacturers in competing with foreign electric truck producers. "European truck m
  • Krone introduces new container generation
    German manufacturer Krone will launch a new generation of dry containers, named KRONE Dry Box, in 2024 with ten ingenious enhancements. To increase protection against damage, the front wall is now slightly recessed at the top, so that there is sufficient space even when cornering, said Krone, adding that the collision guard has been extended to 1,300 mm at the bottom. The new embossing in the fro
  • MSC-operated ship captured by Iranian forces
    MSC told Container News that it is working to secure the release of one of its operated ships that was seized by Iran's Islamic Revolutionary Guard Corps (IRGC) in the Persian Gulf on 13 April. The 2020-built 15,000 TEU MSC Aries, which the Swiss/Italian liner operator had bareboat-chartered from UK-based Zodiac Maritime for 10 years, was boarded by "Iranian authorities" via helicopter around 2.4
  • RBS enhances operating system at Klaipedos Smelte Terminal
    Realtime Business Solutions (RBS) has unveiled plans for a Terminal Operating System (TOS) enhancement at the Klaipedos Smelte container terminal in Lithuania. Klaipedos Smelte has announced its decision to upgrade from the current TOPS Advanced system provided by RBS to the more advanced TOPS Expert solution from the same supplier. According to a statement, the TOPS Expert terminal operating sys
  • MOL Group unveils largest green hydrogen plant in Central and Eastern Europe
    MOL Group has inaugurated the largest green hydrogen plant in Central and Eastern Europe, located in Százhalombatta, Hungary. With a capacity of 10 megawatts, this US$23 million investment is a significant step towards sustainable fuel production, aiming to reduce carbon dioxide emissions from the Danube Refinery by 25,000 tonnes annually. This venture marks a milestone in the hydrogen economy, e
  • ICTSI secures regulatory approval to elevate Philippine terminal operations
    International Container Terminal Services, Inc. (ICTSI) has received regulatory approvals to operate and enhance the Visayas Container Terminal (VCT), the key international seaport of Iloilo City in central Philippines. This 25-year concession amplifies ICTSI's footprint in the Philippines and is poised to unlock the economic prospects of the Western Visayas region. Following a review by the Phil
  • Dali owners declare General Average
    Grace Ocean, the owner of the container ship that knocked down the Baltimore bridge in May, has declared a General Average (GA) on the containers on board. The company believes the salvage operations will lead to extraordinary costs for which they expect contributions from all salvaged parties under the General Average. At the time of writing, there is no indication as to when and where Dali will
  • Golden Energy Offshore Services finalizes three vessel contracts
    Golden Energy Offshore Services (GEOS) has finalized short and medium-term agreements for three vessels. Also, the company announced the successful completion of a short-term contract for its vessel, the Energy Pace. "We are delighted to secure these contracts for our vessels. This achievement reflects our team's dedication to providing top-tier services and underscores our commitment to operatio

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Splash web site
APRIL 15, 2024
  • SLB bags deals for Buzios work from Petrobras
    Oilfield services giant SLB has been awarded three contracts by Brazilian oil and gas major Petrobras for completion hardware and services for up to 35 subsea wells in the Buzios Wave II oilfield. The scope of the contract includes SLB's full-bore electric interval control valves and electric subsurface safety valves. The award is a catalyst ...
  • FBI opens Baltimore bridge case
    The Federal Bureau of Investigation (FBI) has launched a criminal inquiry into the collapse of Baltimore's Francis Scott Key Bridge. According to reports, citing two US officials familiar with the matter, the probe will look into the circumstances leading up to the collapse and if all federal regulations were followed. "The FBI is present aboard ...
  • Plans revealed for America's first Jones Act-compliant cable layer
    US offshore wind contracting newcomer Kalypso is pressing ahead with plans to build America's first Jones Act-compliant cable laying vessel. The New York-based outfit, led by DEME's former project manager Colin Smith, has signed a letter of intent with Dutch shipbuilder Royal IHC for a 5,000-ton CLV that would be built in the US and ...
  • New extension keeps Petrofac working on BP's North Sea assets
    Offshore engineering specialist Petrofac has been awarded a contract extension by energy supermajor BP for continuing support across its North Sea portfolio. Petrofac said that it would be providing maintenance and engineering services under the terms of a three-year, multi-million-dollar contract. In the North Sea, BP is the operator of the Clair Phase One project, ...
  • DOF sells 13-year-old platform supplier
    Norwegian offshore vessel owner DOF has sold one of its platform supply vessels (PSVs) to an undisclosed buyer. DOF said in an Oslo Bors filing that it sold its 2011-built PSV Skandi Gamma. The financial details of the deal were not revealed. The vessel will be delivered to the new owners during this month and ...
  • MSC adds two more ships
    The world's largest containerline, Mediterranean Shipping Co (MSC), remains very active in the secondhand market. As week 16 starts its buying spree counts 11 ships so far this year according to VesselsValue, without counting data from MB Shipbroking - formerly Maersk Broker - who note that the Gianluigi Aponte-founded line has secured two more ships, ...
  • Shipping braces for Israel's response to Iranian attacks
    Shipping has to contend with new danger zones following Iran's attack on Israel over the weekend and the hijacking of the 15,000 teu MSC Aries. United Nations secretary-general Antonio Guterres urged warring parties to "step back from the brink" yesterday in what Ian Bremmer, a well-known political scientist and president of New York-based consultancy Eurasia ...
  • Gas carrier grounds off Egypt
    A Liberian-flagged gas carrier ran aground offshore Egypt, prompting a state of emergency over the weekend in anticipation of any leakage or pollution. The incident involving the 14,800 cu m LPG tanker Claudia Gas took place in the Gulf of Aqaba during the Eid holiday. Shipping databases show the 1990-built vessel is owned by Grece's ...
  • Baltimore divers describe bridge clean-up operation as 9/11 'with blinders on'
    A diving expert from the US Army Corps of Engineers (USACE) has revealed the many life-threatening risks divers are facing while working on the wrecked Francis Scott Key Bridge in Baltimore. USACE, in a joint effort with the US Navy's Supervisor of Salvage and Diving (SUPSALV), is working to oversee the commercial dive companies performing ...
  • ADES scores jackup rig contract in Qatar
    Saudi oil and gas driller Advanced Energy Services (ADES) has secured a jackup rig contract in Qatar worth up to about $93.3m with French energy major TotalEnergies. The deal covers a firm one-year term in addition to three optional six-month extensions, the company said in a stock exchange filing. The project is expected to start ...
  • MOL continues offshore wind drive with module carrier order in China
    Mitsui OSK Lines (MOL) has contracted a private Chinese yard, Taizhou Sanfu Ship Engineering, for the construction of a module carrier that will serve the Japanese offshore wind sector. The 13,000 dwt newbuild is set for delivery in the spring of 2026 under a contract with JFE Engineering to ship offshore wind turbine foundations to ...
  • Seatrium and Shell to partner on floating production systems
    Singapore yard group Seatrium has signed a non-binding memorandum of understanding (MoU) with a subsidiary of energy supermajor Shell to strengthen collaboration on floating production systems. The MoU, which focuses on driving project standardisation and replication, seeks to promote best practices in the design and construction of floating production systems. Shell Global Solutions Internationa
  • BW Offshore sells FPSO for recycling
    Oslo-listed floater specialist BW Offshore has signed an agreement to recycle its floating production storage and offloading (FPSO) vessel Petróleo Nautipa which previously worked offshore Gabon. Andreas Sohmen-Pao's company said that the recycling would be done in compliance with the Hong Kong International Convention at the Baijnath Melaram ship recycling facility in India. The sale ...
  • Singapore retains global shipping hub crown
    Singapore's maritime mantelpiece needs reinforcement, groaning from all the trophies, accolades and awards lavished towards the Lion Republic, the preeminent shipping hub of the 21st century. Meanwhile, an old Asian rival, Hong Kong, is sliding down the ranks fast. Singapore remains the world's leading maritime hub according to multiple global surveys, the latest of which ...
  • Somalis release Bangladeshi ship and crew
    Somali pirates released a hijacked Bangladeshi ship, Abdullah, and its crew of 23 early on Sunday after a $5m ransom was paid, according to two pirates. "The money was brought to us two nights ago as usual... we checked whether the money was fake or not. Then we divided the money into groups and left, ...
  • Korean LCO2 storage tanks unveiled
    A South Korean manufacturer has unveiled how the world's largest liquefied carbon dioxide (LCO2) storage tanks will look like. Sejin Heavy Industries is constructing a pair of LCO2 tanks for Evangelos Marinakis' Capital Maritime, which ordered last July two firm 22,000 cu m ships at Hyundai Mipo, with options for two more. The nascent LCO2 ...
  • Fredriksen signs for newcastlemax newbuilds
    John Fredriksen's family holding company, Seatankers Management, has come back to Qingdao Yangfan yard in China with a newbuilding deal in the largest bulk carrier segment. Shipbuilding sources report the Cyprus-based outfit signing up for four 210,000 dwt newcastlemaxes at about $68m each for delivery in 2027 and 2028. Seatankers' ordering spree kicked off this ...

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Lloyd's List web site
APRIL 15, 2024
  • IMO chief pledges to keep urging EU to drop shipping carbon levies
    Dominguez shrugs off concerns that rising geopolitical tensions might derail shipping from its decarbonisation journey, believing the industry will deliver...
  • Shipping faces more fallout in wake of Iran's attack on Israel
    The risk of a full closure of the Strait of Hormuz, while still unlikely, has increased. The more likely scenario...
  • High-priced boxship sales prompt increase in recycling candidates
    The recycling sale of two vintage boxships for almost $600 per light displacement tonne has led to more containership proposals...
  • FBI opens criminal investigation into Key Bridge allision
    FBI agents boarded Dali on Monday as part of a criminal investigation into the catastrophic Key Bridge allision, the Washington...
  • Singapore bunker sales hit record high in Q1 on Red Sea disruption
    Alternative fuel demand in Singapore increased in the first quarter of the year as LNG and biofuel-blended VLSFO sales also...
  • MSC Aries violated maritime law, says Iran
    A government spokesperson claimed the containership failed to respond to calls from officials before it was boarded by Iranian troops
  • US-sanctioned ship with unknown flag and insurance had 'right of innocent passage', says Denmark
    Aframax tanker Osperous sailed through Danish Straits on April 3, nearly three months after it was sanctioned for breaching the...
  • Protest groups disrupt ports
    Several small-scale protests have temporarily blocked access roads at ports in a number of countries. But disruptions appear to be...
  • The week in newbuildings: China continues to win bulk of orders
    Newbuilding contracts for seven dry cargo carriers, four containerships, six MPVs, one deck cargo carrier, two heavy lift ships, eight...
  • Singapore-Rotterdam corridor initiative expands partnership
    GDSC names world's fifth-largest box line, Hapag-Lloyd, among latest companies to sign up for port collaboration during Singapore Maritime Week...
  • Singapore tops maritime clusters listing
    As Singapore remains secure in its role as shipping's largest maritime hub, Hong Kong slips out of the top 10...
  • Week in charts: Panama canal begins to rebound | IMB report shows piracy spike | Tanker tonne-miles at record levels | Mainlane box rates dip again
    Transits through the Panama Canal have begun to recover, a new report reveals a worrying spike in piracy incidents, plus...
  • Singapore to launch training facility for clean marine fuel operation
    All maritime personnel and seafarers will be able to access the inaugural course on methanol handling as a vessel fuel...
  • Daily Briefing
    As tanker stocks rise, Frontline savours new high and Euronav is left out of the party | US senators rally...
  • Shipping warned of increasing risks as governments struggle to contain multiplied threats
    War risk insurers are struggling to calculate exposure at any given moment in certain volatile areas

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The Journal of Commerce web site
APRIL 15, 2024
  • HMM unveils ambitious plan to double container fleet, capacity by 2030
    The carrier's expansion strategy also includes further investment in container terminals and doubling its bulk shipping capacity.
  • Threat of pro-Palestinian demonstration shuts Oakland's marine terminals
    All four container terminals at the Port of Oakland were closed for the day shift on Monday as demonstrators protesting the war in Gaza shut down a nearby major freeway and threatened to picket at the port.
  • New risk factor flares in Middle East after seizure of MSC Aires by Iran
    The taking of the container ship and its crew by Iranian forces comes as Red Sea attacks on shipping by Tehran-backed Houthi rebels in Yemen have forced virtually all commercial vessels to divert around southern Africa.
  • Gemini's 'hub-and-spoke' model aims to eliminate blank sailings: Hapag-Lloyd
    The new partnership expects to have enough containers positioned at its major hub ports to keep ships full on its mainline trades, thus eliminating the need to unexpectedly cancel a voyage due to a lack of demand.
  • BigLift, CY Shipping expand heavy transport capacity with new orders
    The global energy buildout in renewables and oil and gas has spurred the heavy-transport partners to order two new carriers.
  • Red Sea diversions, return to Russia transit boosts China-Europe rail volume
    Shippers of urgent products have shifted volume from the disrupted China-Europe ocean trades to the rails, while some cargo owners are resuming the northern corridor route via Russia

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TradeWinds web site
APRIL 15, 2024
  • Close-knit Chinese shipping community turns out in force for Singapore gala
    Close-knit industry community gathers for inaugural formal dinner
  • Baltimore mayor throws down legal gauntlet against Dali owner, manager, charterer and builder
    Maersk and Hyundai Heavy Industries among apparent targets
  • FBI reported to launch criminal probe over Baltimore bridge collapse
    Agents boarded the Dali container ship early Monday as investigators focus on power failures
  • MPC Container Ships cashes in boxship brace as liner giant MSC keeps buying
    German tonnage provider takes profit on sale of older vessels
  • Buyers circle Japanese bulkers amid flurry of ultramax deals
    High-spec vessels are being circulated in the S&P market
  • Multibillion-dollar Baltimore bridge disaster claims can be handled, ship insurer says
    Britannia P&I says no concerns have been raised by industry regulators and ratings agency
  • Meriaura orders biofuel-powered cargo ship double in Europe due to geopolitical situation
    Finnish owner returns to Royal Bodewes to kickstart drive towards carbon-neutrality
  • Trafigura trials emissions-monitoring software on chartered Latsco LNG carrier
    Trading giant to retrofit Swiss system to cut greenhouse gas output
  • Six stranded Hanwha Ocean Arc7 LNG carriers tipped for use as FSRUs or FSUs
    Independent specialist Mehdy Touil says ships are unlikely to serve Russian liquefaction project
  • Harren linked to sales as it shrinks fleet
    German firm may have earned more than $100m over the past year by selling one LR1 tanker and seven small clean ones
  • DOF Group extends PSV sell-off as it pivots to subsea market
    Norwegian owner offloads ship as it looks to reshuffle fleet
  • Potential Hormuz Strait closure could prove much more significant than Red Sea disruption
    Rates are largely flat after Iran launches retaliatory attack on Israel over the weekend
  • Amid outrage over Iranian seizure of container ship, focus switches to release of crew
    The majority of the crew in the MSC-managed ship are Indian citizens
  • MPC Container Ships cashes in container ship brace as liner giant MSC keeps buying
    German tonnage provider takes profit on sale of older boxships
  • Greek LPG carrier refloated after Middle East grounding
    The Claudia Gas suffered engine malfunction, authorities said
  • Iran ship seizure sparks tensions, leaving oil and tanker markets on alert
    Boxship boarded before missile attack on Israel, but threat to close Strait of Hormuz unlikely to be carried out
  • John Michael Radziwill takes control of ship-less GoodBulk as CarVal Investors sell out
    President now has 56% of former capesize company that is plotting a comeback
  • Five-hour gun battle between gangsters and police sees ship freed
    The Magalie and its seafarers had been seized by criminal gangs
  • Chinese owners send elderly panamax bulkers to scrap yards
    Deals for South Korean and Japanese-built vessels come as recyclers express concerns over Chinese-built tonnage
  • Oil and tanker markets on alert as Iran missile strikes spark fresh tensions
    Iran missile attacks and ship seizure follows threat by Iranian official over the closure of the Strait of Hormuz
  • 'Reprehensible attack': ICS urges immediate release of MSC Aries by Iran
    International Chamber of Shipping says welfare of innocent seafarers is highest priority
  • 'Complexity' all over tight car carrier market, Clarksons says
    Shipbroking giant points out potential factors could affect the sector
  • Wind revolution sees British funding shift focus from shipbuilding to cleantech
    Government funding and a history of wind turbines and sailing have given Britain an edge in maritime wind propulsion
  • Ed Buttery's TMI to take full control of Grindrod in $50m buy-out of minority investors
    Subsidiary's shares will be delisted in the US and South Africa
  • US ship freed after five-hour gun battle between police and gangsters in Haiti
    The Magalie and its seafarers had been seized by criminal gangs
  • Lawyer Reed Smith hires in LNG specialist Nina Howell
    New partner expects more merging of green energy projects and LNG
  • Japanese giant Mitsui OSK Lines breaks new ground with newbuilding to serve offshore wind market
    Vessel ordered on the back of a contract from JFE Engineering
  • Tsakos extends veteran sales to $240m range with disposal of aframax tanker
    Tsakos Energy Navigation is reported to have secured $37.2m for one of its two oldest aframaxes
  • Harry Vafias' Brave Maritime banks profit from selling handysize to listed affiliate C3is
    Nasdaq-listed spin-off expands again after share issue earlier this year
  • Vernicos Scafi returns to Turkish shipyard for more tug newbuildings
    Greek-Italian tug and salvage company brings the number of newbuildings it has ordered in Turkey to three
  • Singapore launches new training facility as it strives to retain top hub position
    Focus on being a talent hub sits alongside ambition for innovation and maritime resilience
  • Recycling buyers snap up Sinokor container ship duo at firm pricing levels
    South Korean shipowner yet again gets above market average price for unwanted older tonnage
  • Chinese owners shift elderly panamax bulkers into the recycling market
    Deals for South Korean and Japanese-built bulkers come as recyclers express concerns over Chinese-built tonnage
  • Seatrium and Shell to collaborate on floating production systems
    Singapore company says tie-up will focus on project standardisation and replication

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American Shipper web site
APRIL 15, 2024
  • Panama Canal's future is dark and stormy, much to shippers' relief
    The end of Panama's dry season is in sight, and the Panama Canal Authority plans to welcome more vessels in the coming weeks.

››› File
FROM THE HOME PAGE
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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