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