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01 July 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
European Commission meeting to define the strategy for the development of EU ports and maritime industry
Brussels
Call for papers by July 28th
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Rome
Messina: State Aid regime needs to be redesigned for European shipyards
In the first four months of 2025, maritime container traffic between Asia and Europe grew by +4.8%
Tokyo
-6.4% drop in shipments to Asian ports. +9.0% increase in unloading volumes in Europe
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Geneva
Recovery driven by importers who brought forward purchases in view of expected tariff increases
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
The transfer of 80% of Louis-Dreyfus Armateurs' capital to InfraVia has been implemented
Suresnes/Paris
The Louis-Dreyfus family retains the remaining 20%
Port of Genoa, green light for extension of concession to Spinelli until September 30
Genoa
Ok also to the extension to the Campostano group
The National Maritime Fund has started the recognition of scholarships
Genoa
They are granted for basic training and security familiarization courses.
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
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 Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
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