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28 April 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
March 18, 2024

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Exim India web site
MARCH 18, 2024
  • CONCOR and CWC ink strategic MoU for collaborative multimodal logistics solutions
  • Merchandise exports post highest monthly figure this fiscal in Feb.
  • Mundra Port achieves 7 m TEU cargo handling milestone
  • Railways set for best ever year in freight business, total revenue, track laying
  • Government approves policy to promote India as a manufacturing destination for electric vehicles
  • Vessel size development on Asia-Europe
  • CMA CGM PSS from Indian Subcontinent, Middle East Gulf, Red Sea & Egypt to US East Coast & US Gulf
  • Multi-fold increase in Indian-flagged ships being mulled
  • OCEAN Alliance launches new program commencing in April
  • DGFT partners with DHL to make Indian MSMEs export-ready
  • Dhamra Port's revised core charges from April 1
  • India's grapes exports seen rising
  • Chennai Port raises the bar in cargo handling
  • Baltic Exchange Market Report (15 March 2024)
  • Ashwani Kumar unanimously elected as new President of FIEO

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International Transport Journal web site
MARCH 18, 2024
  • Powered by electricity and chip fat
  • United we stand
  • A new voice for logistics
  • First transport to Ukraine in 2024
  • More than 750 million t transported
  • Discussing anti-GHG measures with the IMO
  • Dokasch: a new ULD for flight menus
  • Intellishift picks CFO
  • A quali-tea hub
  • Joining forces for intermodal services
  • Hapag-Lloyd rolls out tracking API
  • "Curiosity of the Day"
  • Digitising from India via the USA to Latin America
  • Air Partner heads north
  • Expanding B2C capabilities
  • Some toll exemptions for handicrafts
  • First 20,000 teu in Genoa

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The Loadstar web site
MARCH 15, 2024
  • Transpacific freight rates - it's all about 'who blinks first'
  • Ocean Alliance launches Day 8 network - but it's light on detail
  • 'Bold' DP World nears flagship forwarding deal - rumours swirl
  • Forwarders warn of likely further air freight rate rises ex-India
  • TPM sketch - the blessed relief of 'Lars'
  • MEPC81: the risk of 'fuels that represent a cure worse than the disease'
  • 'Adoption of SAF no longer an engineering challenge, it's an economic one'
  • Backlash from Finland transport strike brings supply chain chaos
  • Singamas looks to container leasing as box sales decline
  • Promotion for Priya Rajagopalan at Fourkites, and Ron Richardson returns

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Marine Log web site
MARCH 15, 2024
  • Houthis target Vietnamese-owned tanker, threaten attacks in Indian Ocean
    The situation in the Red Sea gets no calmer. Today brought a report from UKMTO of a Houthi attack on a merchant vessel 76 nautical miles west of Al Hudayah. While UKMTO
  • New Ulstein SX232: A subsea vessel for all markets
    Seeing a "surge of optimism" in the offshore service vessel market, Ulstein has unveiled a design for a new subsea vessel, the Ulstein SX232, to serve both the fixed and floating offshore
  • Wärtsilä inks lifecycle agreement for new P&O Ferries
    The world's largest double-ended ferries, U.K.-based P&O Ferries' 230-meter long M/V Pioneer and M/V Liberté, will be covered by a five-year lifecycle agreement with Wärtsilä. The agreement is designed to optimize the
  • Chouest and Maersk Supply partner up on U.S. offshore wind installation
    Edison Chouest Offshore (ECO) and Maersk Supply Service are partnering up for the construction and operation of a Jones Act compliant offshore wind installation feeder concept. Specifically designed for Maersk Supply Service's

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Container News web site
MARCH 15, 2024
  • PortMiami enters new era handling CMA CGM's 15,000 TEU vessel
    PortMiami greeted the arrival of the CMA CGM Bali on 11 March 2024. With a capacity of 15,000 TEUs, this container ship operates along the Manhattan Bridge shipping route, linking China to East Coast ports in the United States via the Panama Canal. "The arrival of the Bali confirms that PortMiami can welcome larger vessels. This ship symbolizes a new era in transportation by combining innovation
  • CMA CGM announces overweight surcharge from South America East Coast
    French box carrier CMA CGM has announced a new overweight surcharge (OWS), which will be effective from 1 April 2024 until further notice. This surcharge will be applicable for cargo originating from South America's East Coast and destined for North Europe, Scandinavia, Poland, Baltic States, Adriatic, Black Sea, East & West Mediterranean, Middle East Gulf, Red Sea and Pakistan. CMA CGM will char
  • DP World invests US$50 million in new logistics centre in South Korea
    DP World has announced a US$50 million investment to develop a new logistics centre in South Korea's Busan New Port. The construction works on the 75,000m² land are expected to commence at the end of 2024, with operations anticipated to start by the second quarter of 2026. The DP World Busan Logistics Centre (BLC) will have the capacity to process nearly 80,000 TEUs of cargo per year by 2028 and
  • Global tank container fleet nears 850,000 units: ITCO annual survey
    The International Tank Container Organisation (ITCO) has published its 12 th Annual Tank Container Fleet Survey. This year's Survey estimates that, on 1 January 2024, the global tank container fleet had reached 848,400 units worldwide, compared to 801,800 on 1 January 2023, a year-on-year growth of 5.81%. Reflecting continued strong demand for new equipment, approximately 56,600 new tank containe
  • APM Terminals appoints new leaders in the Americas and Mexico region
    APM Terminals has named Marliz Bermúdez as the new head of investments for the Americas Region and Beatriz Yera as the managing director for APM Terminals in Mexico, effective from 15 April 2024. "With the appointment of Marliz Bermúdez as Head of Investments for the Americas and Beatriz Yera as Managing Director for APM Terminals Mexico, we continue our mission to lift efficiency, reliability an
  • Virginia prevails over Georgia and North Carolina for FreezPak Logistics new cold storage facility
    Governor of Virginia, US, Glenn Youngkin announced that FreezPak Logistics, a provider of full-service cold and dry storage services, is investing US$77.5 million to construct a 23,000m² cold storage facility in the City of Suffolk to serve the Mid-Atlantic region via the Virginia port. According to a statement, Virginia competed with Georgia and North Carolina for this project, which is expected
  • How to prevent accidents in the maritime industry
    The maritime industry is a crucial component of global commerce, facilitating the transport of over 90% of the world's trade . However, due to the nature of the work involved, the sector is at risk from serious hazards including unpredictable weather, mechanical failures and human error, making accident prevention a vital concern. There are multiple key strategies that should be adopted to mitiga
  • Massive increase in container shipping imports from China into Mexico amid ongoing US trade war: Xeneta analysis
    Growth in demand for container shipping imports from China into Mexico in January 2024 increased by 60% compared to 12 months ago, further fuelling suspicions it has become a 'back door into the US'. This is now one of the strongest trade lanes in the world according to analysts at Xeneta, an ocean freight rate benchmarking and intelligence platform, with 117,000 TEU (20ft equivalent container) s
  • Cape and Indian Ocean now in Houthi operational range
    The extent of the failure of the allied powers to degrade the Houthi Military capabilities may come into sharp focus if the Yemeni movement makes good on its threat to expand its sphere of operations from the Indian Ocean down to the African Cape. Over the last 24 hours US Central Command, CENTCOM, reported that the US Navy had destroyed four anti-ship ballistic missiles, two fired towards the Re
  • We Asked AI: The Largest Container Port in 2050
    Container ports are continuously expanding, capable of accommodating numerous giga container ships simultaneously. Have you ever wondered how the largest container port might appear 26 years from now? We tasked an Artificial Intelligence (AI) system to create a visualization of such a mega port, and below are the remarkable results! Click into the gallery to appreciate the impressive images in a
  • MPC Capital doubles shareholding in MPC Container Ships
    German asset and investment manager MPC Münchmeyer Petersen Capital AG (MPC Capital) has increased its shareholding in Oslo-listed MPC Container Ships ASA (MPCC) from around 7% to around 14%. The transaction is carried out by way of increasing MPC Capital's shareholding in MPC CSI GmbH (MPC CSI), which was established in 2017 as a joint investment vehicle for the IPO of MPCC under the leadership
  • Hupac enhances intra-Europe rail network
    Hupac, an intermodal rail operator headquartered in Switzerland, is bolstering its rail network connecting Zeebrugge, Belgium with northern Italy. Introducing a fresh train service to Piacenza, the Hupac is also increasing the frequency of services to Italy's Busto Arsizio and Novara. Additionally, departure points for trains headed to Antwerp will now be relocated to Lauterbourg, France. Further
  • CEVA to launch automotive logistics centre at Port of Dunkirk
    On 15 March, an agreement was reached between the Port of Dunkirk and CEVA Logistics, marking the beginning of a new venture. The contract entails the allocation of land for CEVA's development of a state-of-the-art vehicle logistics facility dedicated to sea imports and exports. Dunkerque-Port has selected CEVA Logistics, CMA CGM's subsidiary, as a candidate through a competitive Call for Express
  • CMA CGM reshuffles EURONAF service
    CMA CGM's Short Sea Lines Division has announced the reshuffle of the EURONAF service effective from the 11th week of the year. These adjustments will synchronize the loops with revised routes from mainliners in response to the situation in the Red Sea region, according to the French carrier. The EURONAF service will continue to serve the Algerian markets for global connections, ensuring the sust
  • MABUX reports decline in global bunker indices
    In the 11th week of the year, there was a moderate decline in the Marine Bunker Exchange (MABUX) global bunker indices. The 380 HSFO index dropped by US$2.43 to US$534.39/MT. Similarly, the VLSFO index saw a decrease of US$2.17, reaching US$676.01/MT, while the MGO index experienced a loss of US$2.77 to US$894.21/MT, consistently remaining below the US$900 mark. "At the time of writing, the marke
  • ICTSI's MICT reaches 50 million TEU milestone
    Manila International Container Terminal (MICT), International Container Terminal Service, Inc.'s (ICTSI) flagship terminal, celebrates another milestone by handling its 50 millionth TEU. The Philippine terminal unloaded the 50 millionth TEU container from Ocean Network Express (ONE)-operated boxship Seabreeze in a shipment owned by HRD Singapore PTE Ltd. "Leveraging cutting-edge technology, MICT
  • MSC establishes new MEDLOG cold store facility in South Africa
    MSC announced the opening of a state-of-the-art 15,000-metre cold storage facility in Durban, South Africa. The facility, part of MSC's MEDLOG logistics division, aims to catalyse advancements in the handling of perishable goods in South Africa and beyond and open up the country's trade landscape. An inaugural event for the cold storage facility took place on 7 March, attended by MSC CEO Soren To
  • COSCO Shipping Aries to call at Port of Genoa marking another milestone
    During the inaugural journey of COSCO Shipping Aries in 2018, this ultra-large container vessel became the first 20,000 TEU class ship from China to call HHLA Container Terminal Tollerort (CTT) in Hamburg, Germany. On 19 March next week, another milestone awaits the boxship. Captain Wang Chunsheng and his crew will be the first to sail the 400-metre-long vessel into the Port of Genoa, Italy's lar
  • Wilson Sons invests in Rio Grande Container Terminal
    Wilson Sons has invested around US$280,000 in Brazil's Rio Grande Container Terminal (RS), planning to increase operational efficiency through technological initiatives. These initiatives include the Terminal Operation Centre, an action that creates an operational intelligence data analysis cell to promote efficient operational planning, resulting in better delivery of yard and ship operations. A
  • Wan Hai issues US$320 million of bonds after loss
    Wan Hai Lines is issuing US$320 million of bonds to improve its financial structure, after the Taiwanese liner operator sank into the red. Wan Hai incurred a net loss of US$188.5 million in 2023, which deteriorated from a net profit of US$3.04 billion in 2022, ending 13 straight profitable years. The last time Wan Hai reported a net loss was in 2009, when the global financial crisis resulted in r
  • CMA CGM applies new rates from Asia to Mediterranean
    French container line CMA CGM has announced the following updated Freight All Kinds (FAK) rates from all Asian main ports to the mentioned Mediterranean ports. 20' 40'/40'HC WEST MEDITERRANEAN US$3,200 US$4,000 ADRIATIC US$3,200 US$4,000 EAST MEDITERRANEAN US$3,300 US$4,100 BLACK SEA US$3,300 US$4,200 ALGERIA US$4,600 US$5,800 TUNISIA US$4,300 US$5,700 LIBYA US$4,500 US$5,200 MOROCCO US$4,100 US$
  • OCEAN Alliance rolls out new service network
    OCEAN Alliance, consisting of CMA CGM, COSCO, Evergreen and OOCL, has announced the launch of its updated service network, called "DAY 8 Product". After extending their partnership for an additional five years , the four ocean carrier allies are unveiling their new programme aimed at tackling the emerging challenges posed by the volatile conditions in the Red Sea. The DAY 8 Product, which is expe
  • Carriers 'undo' rate hikes on India-US trades amid cargo volume pressure
    Container carriers appear to have abandoned plans to hike freight rates on Indian trades to the United States, as they are facing a slump in cargo bookings. MSC, Hapag-Lloyd and CMA CGM had planned to implement hefty general rate increase (GRI) and peak season surcharge (PSS) amounts from early March. For example, MSC's rate activity plans included a GRI of US$1,000 per box from 1 March and a PSS

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Splash web site
MARCH 15, 2024
  • Saipem bags offshore pipelines installation deal for UK CCS projects
    Italian offshore engineering and construction giant Saipem has signed a letter of intent for the installation of offshore pipelines on the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power) projects. NEP - a joint venture between the operator BP, Equinor, and TotalEnergies - and NZT Power - a partnership between BP and ...
  • MPC Capital doubles stake in MPC Container Ships
    MPC Capital has doubled its shareholding in boxship owner MPC Container Ships (MPCC). The Hamburg-based asset and investment manager said it had increased its stake in the Oslo-listed tonnage provider from around 7% to around 14%. The deal worth around $34m was carried out by boosting shareholding in the joint investment vehicle MPC CSI, set ...
  • Maersk Supply Service forges US wind pact with Edison Chouest Offshore
    Maersk Supply Service (MSS) has teamed up with Louisiana-based OSV giant Edison Chouest Offshore (ECO) to build and operate a feeder spread that will support the Danish offshore shipowner and contractor's wind farm installation vessel newbuild in US waters. The newbuild spread is intended to ship wind turbine components or foundations to the installation site ...
  • Houthis vow to extend attacks deeper into the Indian Ocean
    Another ship has been damaged by the Houthis, who now claim to have hypersonic missiles in their armoury and will expand their target zone deeper into the Indian Ocean to try and prevent enemy vessels from passing via the Cape of Good Hope. To date, in their five-month campaign in solidarity with Hamas, the Houthis ...
  • Noble scores drillship contract in the Philippines
    Offshore rig owner Noble Corporation has won a contract from Prime Energy for the Noble Viking drillship offshore Philippines. The contract worth $69.9m covers three wells in the Camago and Malampaya East fields with an additional option for Bagong Pagasa well priced at $10.98m. The firm three-well campaign will take at least 140 days, and ...
  • Vietnam's Hoanh Son remains on a panamax charge
    Qatari owner S'hail Shipping has made a decent profit on a rusty panamax sale to the fast-growing Hoanh Son Group S'hail has sold the 18-year-old panamax S'hail Al Dukhan to the Vietnamese infrastructure conglomerate. No price is attached to the deal, but VesselsValue indicates that the Namura-built ship is worth just under $12m. S'hail added ...
  • Dolphin Drilling sells Bideford Dolphin rig for scrap
    Semisub rig owner Dolphin Drilling has opted to sell the drilling rig for scrap. Dolphin Drilling said that the decision aligns with its ongoing efforts to optimise its fleet and enhance operational efficiency. The rig was built in 1975 by Aker Kvaerner in Verdal. It has been warm-stacked for quite some time in Flekkefjord, Norway, ...
  • 3,000 Thais drafted to help churn out South Korea's bumper ship backlog
    South Korea's bumper orderbook, tricky production schedule and difficult domestic demographics have been partially resolved with an agreement hatched with Thailand whereby 3,000 Thai welders and mechanical technicians will be sent to South Korea's five largest shipyards. South Korea has been tinkering with its visa system over the last couple of years, seeking workers from ...
  • Opposing teams line up for next week's MEPC
    The eighty-first session of the Marine Environment Protection Committee (MEPC) will take place next week where the focus will be on developing legally-binding measures to ensure last year's milestone agreement to phase out greenhouse gases (GHG) from shipping by 2050 is made possible. The task at hand is to translate the net-zero by 2050 "ambition" ...
  • DP World to build logistics centre in Busan
    Terminal operator DP World has announced a $50m investment to develop a new logistics centre in Busan New Port, strengthening the port's position as a logistics hub for Northeast Asia and reinforcing the global standing of the wider Busan-Jinhae Free Economic Zone (BJFEZ). Construction of the facility in the 75,000 sq m land is set ...
  • Fortescue Green Pioneer completes landmark ammonia fuel trial
    The ship that grabbed headlines at COP28 in Dubai is back in the news. The Fortescue Green Pioneer, a platform supply vessel, has successfully conducted the world's first use of ammonia fuel, in combination with diesel in the combustion process. The vessel was loaded with liquid ammonia from the existing ammonia facility at Vopak Banyan ...

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Lloyd's List web site
MARCH 15, 2024
  • US blacklists suezmax tanker and owner for Iran and Houthi links
    The US has slapped sanctions on a suezmax tanker and its registered owner for shipping Iranian commodities in support of...
  • Belgium court also denies FourWorld's complaint against CMB's Euronav takeover
    The Belgium Market Court has denied a request by New York-based FourWorld Capital Management to block CMB's takeover of Euronav...
  • Dual-fuel newbuildings still not viable, says Norden's Jan Rindbo
    Norden aims to cut emissions by 16% by 2030 from a 2022 baseline, by using measures such as slow steaming...
  • Dark fleet insurance? Not reassuring
    It's 2024 and we still still have vessels 'owned' by anonymous brass plate companies, 'flagged' with fictitious 'registries', 'IMO numbered'...
  • Fortescue ship in world's first ammonia bunkering trial
    Fortescue's dual-fuel ammonia supply vessel has taken on ammonia as a marine fuel in Singapore, marking the first-ever ammonia bunkering...
  • Seanergy ups dividend as it clinches increased capesize earnings
    Nasdaq-listed owner of 18 large bulkers intends to 'vigorously defend' itself against Economou lawsuit
  • Slow and steady transatlantic box trade settles back to normal patterns
    Trade between Europe and North America is expected to see little growth. But for carriers the transatlantic can yield profits...
  • The Lloyd's List Podcast: How long can Ukraine keep its grain corridor open?
    Ukraine's Black Sea corridor is an undeniable success. Ships are sailing into and out of Ukraine outside of an international...
  • Newbuilding prices set to rise as shipyard lead times stretch to four years
    The need for new ships to comply with upcoming environmental regulations and a requirement to replace the large numbers of...
  • Houthis to target Indian Ocean transits as attacks continue
    Houthi leader Abdul-Malik al-Houthi pledges to extend missile attacks against ships diverting around the Cape of Good Hope
  • DP World strengthen integrated logistics with Busan investment
    The investment in Busan marks another step for the Dubai-headquartered port giant in its strategic shift towards integrated supply chains...
  • Shanghai sets sights on expanding shipping futures
    Container futures contracts based on the Shanghai Container Freight Index of Settlement have shown active trading since their launch in...
  • CMA CGM expands Ocean Alliance and media empire
    After committing to a further five years as a grouping, the Ocean Alliance will be the largest global network, offering...
  • Daily Briefing
    Fears of a future US ETS for shipping raised at CMA | What to expect from MEPC81? | US Coast...

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The Journal of Commerce web site
MARCH 15, 2024
  • Chinese niche carrier to launch Shanghai-Los Angeles expedited service next week
    The entry of Hede International in the eastbound trans-Pacific comes as US imports from Asia have been rising on a year-over-year basis since October.
  • Montreal port employers lose bid to make dock work an 'essential service'
    The "essential" designation request, which if granted would have barred workers from striking, comes as talks on a new contract have dragged on for seven months with no resolution.
  • Demand soars for Asia-Europe sea-air option to avoid longer Africa transit
    Dubai continues to be one of the more popular destinations for European importers with time-sensitive cargo, with the airport able to covert ocean freight to air cargo in 24 hours.
  • Ocean Alliance keeps status quo, renews partnership for another five years
    The carrier grouping is untouched by the latest alliance changes roiling the container market and will assume its position as the largest global alliance early next year after 2M dissolves.
  • DOE billions available for green energy projects, but cargo not moving yet
    Billions of dollars in federal funds are available to scale up innovative green energy projects, once would-be developers make it through the DOE's loan qualification process.
  • ODFL expands in Northeast as LTL land rush intensifies
    The second-largest US less-than-truckload provider is building terminals, parking lots and freight density as competitors vie for real estate and customers.
  • DOE billions available, but cargo is not moving yet
    Billions of dollars are available to scale up innovative green energy projects, once would-be developers make it through the DOE's loan qualification process.
  • Montreal port employers lose bid to make dockwork an 'essential service'
    The "essential" designation request, which if granted would have barred workers from striking, comes as talks on a new contract have dragged on for seven months with no resolution.

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TradeWinds web site
MARCH 15, 2024
  • Calling time: it's Euronav/CMB 2, FourWorld Capital 0 as Belgium weighs in
    European court joins US counterpart in refusing to block Saverys buyout deal, which then closes
  • Editor's selection: Record prices, new territory and a life-changing phone call
    Which stories have been setting the news agenda this week?
  • Wavelength Podcast: Container rates to drop once Red Sea transits resume, how to assess the impact of the IMO MBMs
    Zim and Hapag Lloyd results put freight rates under the spotlight, UNCTAD talks about the impact of MBM proposals
  • Liner giant MSC returns to recycling container ships after a two-month hiatus
    Liner giant is one of only two container shipping companies sending ships to the breakers this week
  • Seanergy reveals capesize swoop prior to asset price spike
    Greek owner adds Japanese bulker already worth $5m more than price tag
  • Odfjell CEO Harald Fotland becomes president of Norwegian Shipowners Association
    Hoegh Autoliners CEO Andreas Enger is elected vice president
  • Seanergy reveals capesize bulker swoop prior to asset price spike
    Greek owner adds Japanese bulker already worth $5m more than price tag
  • Brace yourselves: Geopolitical shifts to 'reshape' how shipping thinks
    'We have to understand that energy policy has close links to security policy', Norway's defence committee head says
  • Vega Bulk buys bulker as Japanese owner culls fleet
    Oslo-based owner splashes $18.5m on 2015-built handysize
  • Sanctioned Sovcomflot tankers switch tactics as they discharge cargoes in China
    The NS Century spent weeks off the coast of Sri Lanka after being hit by sanctions
  • 'Parasites or catalysts?' For lifetime shipbroker Michael Tusiani, the answer is clear
    Poten man becomes the first of his profession to wear Commodore's hat at Connecticut Maritime Association
  • Norwegian-controlled fleet shrinks for fourth year in a row despite $10bn orderbook
    Norway is still the fifth-largest shipping nation in the world
  • Shipping magnate to media mogul: Rodolphe Saade bids $1.68bn for France's third-largest media group
    Fresh from licking their wounds from failed Wincanton bid, the Saade family are buying Altice Media
  • Braemar nurtures next generation of leaders after high-profile departures
    UK-listed shop says it wants to provide career pathways for all staff
  • Sexual misconduct reports spike in US shipping after policy shake-up
    Assistant commandant says mariners have more trust in procedure, although they remain guarded
  • Germany's fourth FSRU arrives on site at new Stade terminal
    New regas unit due to fire up next month
  • Shipping magnate to media mongul: Rodolphe Saade bids $1.68bn for France's third largest media group
    Fresh from licking their wounds from failed Wincanton bid, the Saade family are buying Altice Media
  • Master says tanker was not struck by Houthi missiles in Red Sea
    Another vessel reports explosions as Yemeni rebels ramp up attacks
  • Clarksons tanker boss takes over in Greece as Savvas Athanassiades leaves
    Leadership change announced in Athens as long-serving boss departs by mutual consent
  • Houthis threaten to target ships diverting to Cape of Good Hope
    Rebel leader says Israel-linked vessels will be attacked in Indian Ocean
  • Houthi missile strikes tanker as militia steps up Red Sea attacks
    Another vessel reports explosions as Yemeni rebels ramp up attacks once more
  • Going nuts? Why Norden's Jan Rindbo is betting on cashew shells to crack the fuelling conundrum
    Danish group takes stake in MASH Makes as it continues to pioneer biofuels
  • Odfjell CEO Harald Fotland becomes new president of Norwegian Shipowners Association
    Hoegh Autoliners CEO Andreas Enger elected vice president
  • Maersk Supply Service and Edison Chouest to order newbuildings after teaming up on offshore wind
    Newbuilding plan will speed up turbine installations, partners say
  • Christen Sveaas sees Kistefos profit drop by $62m after Western Bulk's 'very disappointing and poor result'
    Norwegian firm seeks turnaround for dry bulk company
  • Kristen Sveaas sees Kistefos profit drop by $62m after Western Bulk's 'very disappointing and poor result'
    Norwegian firm seeks turnaround for dry bulk shipping company
  • Tributes paid to 'formidable broker' and 'selfless' charity champion Tim Webb
    BRS broker dies after stepping down from key role at hospital ship charity
  • How to win at green shipping? BCG thinks it knows how
    Despite cargo owners' low willingness to pay a premium for decarbonisation, shipowners and operators have a huge opportunity to capture revenue, says consulting giant
  • MPC Capital doubles holding in Oslo-listed MPC Container Ships with bet on future profits
    Hamburg asset manager boosts stake to 14% in $37m deal
  • Trafigura and Mercuria open bunker bases in Mauritius as ships shift routes to avoid Houthi missiles
    Trading and shipowning groups now operating out of Port Louis
  • 'Significant milestone': Singapore completes first ammonia bunkering trial
    MPA says event marks a significant milestone in city state's multi-fuel bunkering capability development
  • Decarbonisation is like dating, Lasse Kristoffersen says: Somebody has to make the first move
    Wallenius Wilhelmsen head says his company is bringing up emissions-slashing initiatives to its customers, not the other way around
  • Singapore completes first ammonia bunkering trial
    MPA says event marks a significant milestone in city state's multi-fuel bunkering capability development
  • Pyxis Tankers to hold fire on asset purchases until market cools
    US-listed owner says opportunities for fleet expansion of mid-sized vessels continues to be challenging
  • Red Sea situation will not be fixed with military interventions, Kristoffersen says
    Wallenius Wilhelmsen has not transited the Red Sea since mid-December

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American Shipper web site
MARCH 15, 2024
  • FedEx pilots take harder line as contract dispute drags on
    The FedEx pilots union is telling members that the company's slow response to its demands is triggering tougher tactics. FedEx says there is so much turmoil in the union that it doesn't know what demands to take seriously.

››› File
FROM THE HOME PAGE
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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