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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
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October 18, 2024

free news
Exim India web site
OCTOBER 18, 2024
  • Union Cabinet gives nod to Coastal Shipping Bill, 2024
  • DP World acquires 47,000 TEUs to increase cargo capacity and enable quick & flexible response to customer needs
  • India's merchandise exports up in Sept.
  • DGFT notifies import curbs on pocket lighter parts
  • India proposes $1.1 bn retaliation against EU's steel tariffs
  • Horticulture output shows a slight dip
  • Electronics exports surge by 21.8 pc in Apr.-Aug.
  • India's import of solar cells, modules dips in Q2
  • Gujarat's minor ports boosting industry, efficiency
  • IMC elects Devki Nandan as its first Chairman
  • DB Schenker launches augmented supply chain monitoring solution Ocean Bridge
  • Houthis in Yemen should cease attacks on intl shipping: UN Rep
  • India should not reconsider joining RCEP, says GTRI
  • Incident response strategies for logistics
  • Sharply worsening imbalances in global deep-sea trade

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International Transport Journal web site
OCTOBER 18, 2024
  • FedEx: first-ever panda roundtrip deliveries
  • RCG strengthens its European network
  • New services anchoring in Alaska
  • More teus to enhance cargo flexibility
  • A promotion for Leandro Reales
  • Pan-European procurement for Vodafone
  • Indiana River & Rail Terminals launched
  • Renewing a longstanding partnership
  • "Curiosity of the Day"
  • ONE introduces India Coastal Express
  • Driving inland shipping in Rotterdam
  • Supporting pharma supply chains
  • Raben joins Amazon's preferred carrier programme

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The Loadstar web site
OCTOBER 17, 2024
  • Freight rates will stay high next year - no respite for shippers, predicts Drewry
  • Europe's logistics operators tighten security after alert by UK counter-terror services
  • Solid interims plus insight from Prologis - Asian 3PLs, inventory & data centres
  • Ottawa proposes new mediator to break deadlock in Montreal port labour talks
  • Wall Street activist Dan Loeb invests in DSV
  • Uplift for Hong Kong's air cargo hub status, while container port declines
  • Congestion fears as box lines plan to dodge EU carbon tax with UK first-call
  • DVZ radar: DHL targeting SME customers
  • Expo Freight working to settle non-payment issues with Debenhams suppliers
  • Snapshot: How battered railroad CSX thinks about... trucking upside into 2025
  • CJ Logistics builds second Chicago warehouse to link with major rail freight lines
  • Emirates set to decide on which new freighter to order within weeks

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Marine Log web site
OCTOBER 17, 2024
  • Damen brings W&O on board F126 frigate program
    W&O Supply, one of the largest suppliers of valves, actuated valves, piping systems, and speciality products to the marine market, reports that W&O Europe has reached a framework agreement with Damen Naval
  • Top Women in Maritime 2024 winners announced
    Marine Log recently announced the winners of its Top Women in Maritime Award, which recognizes the achievements and leadership of outstanding women who have made a significant impact in the maritime sector.
  • VIDEO: Australia to expand naval shipbuilding capabilities at Henderson shipyard
    The Australian Government is to establish a consolidated Commonwealth-owned Defence Precinct at Western Australia's Henderson shipyard, calling the project "the critical next step in delivering continuous naval shipbuilding in Western Australia." It

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Container News web site
OCTOBER 17, 2024
  • Hong Kong establishes strategic development Board to reclaim lost shipping ground
    Hong Kong is launching a pivotal Maritime and Port Development Board, an industry-led council aimed at bolstering the city's stature as a global shipping hub. This strategic move will replace the existing Hong Kong Maritime and Port Board formed in 2016 and serve as a high-level advisory body to guide government policies and long-term maritime strategies. This content is locked Select a CN Premiu
  • WaveBL completes network connectivity POV with Swift, global banks, and eBL issuer MSC
    WaveBL, a blockchain-based electronic Bill of Lading (eBL) platform, has completed a Proof of Value (POV) with Swift and the participation of five global banks: Lloyds, Emirates NBD Bank, Federal Bank Limited, and other banks, as well as MSC, a leading ocean carrier acting as an eBL issuer on WaveBL. This POV marked a significant milestone by demonstrating the efficient transfer of structured ele
  • Last Chance for Early Bird Access to CN Premium
    Time is running out to take advantage of the 30% Early Bird Discount for Container News Premium -an exclusive offer available only until October 20 . This is your final chance to subscribe at a reduced rate and unlock the full benefits of one of the industry's most comprehensive resources for container shipping and logistics professionals. Container News Premium is designed to give you a competit
  • Ukraine focussed on upholding recovering shipping operations amid heightened Russian attacks
    In the past month, for the first time this year, Russia has escalated its military strategy to include targeting shipping and port infrastructure, prompting Ukraine to seek international intervention. Ukrainian authorities have appealed to the United Nations, specifically requesting that the International Maritime Organization (IMO) dispatch a monitoring mission to assess the situation. This cont
  • ONE strengthens China - US service
    Singapore-based box carrier Ocean Network Express (ONE) will enhance its East Coast 2 (EC2) service, following the recent announcement regarding the company's 2025 East-West product offerings. ONE noted Florida's Jacksonville port will now be included in the service rotation. EC2 (East Coast 2) service rotation: Xiamen (China) - Yantian (China) - Ningbo (China) - Shanghai (China) - Pusan (South K
  • NWSA nears 2.5 million TEUs in first nine months of 2024
    The Northwest Seaport Alliance (NWSA) said its September full international imports reached the highest level since the pandemic period, marking seven straight months of growth. NWSA's volumes increased by 9.9%, compared to August, and 0.9% compared to September 2023, while full international exports decreased by 7.4% and total international volumes increased by 0.6% compared with September 2023.
  • Greek vessel owners take US$18 billion gas gamble
    Greek ship owners have spent an unprecedented US$18 billion on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker and container asset classes, according to new research by VesselsValue, the data intelligence arm of maritime data and freight management solutions provider Veson Nautical. A new report "Greek Speculative S&P Investments" state
  • Harim Group chairman doesn't back down from HMM acquisition plans
    Harim Group chairman Kim Hong-kuk said at a press event on 16 October that his company would consider bidding for HMM again if another attempt is made to sell the South Korean flagship carrier. The poultry processing group, which had acquired South Korea's largest dry bulk shipping business Pan Ocean in 2015, was named the preferred bidder for HMM at an initial sales attempt last December. Howeve
  • How Global Port Cities Drive Trade and Economic Growth
    The global hub or nodal port cities are critical to the smooth functioning of global shipping networks and are also becoming competitive powerhouses in the expansive arena of the shipping market. Currently, over half of the world's richest cities are port cities, a pattern expected to continue under various future projections. These port cities boast advanced infrastructural capabilities and stra
  • Yang Ming announces two new services in Europe/Med region
    Taiwanese container carrier Yang Ming has announced the launch of two new services aiming to strengthen its network in Europe and the Mediterranean region. Starting in January 2025, Yang Ming will commence North Europe-Aegean Express (NEA) and North Europe-Levant Express (NEL) services, providing a more comprehensive and faster service network to meet the growing market demand in Europe. NEA serv
  • MSC increases PSS from West Med, Adriatic and Israel to US, Bahamas, Puerto Rico, Canada and Mexico
    MSC has announced an increase in the Peak Season Surcharge (PSS) from the West Mediterranean, Adriatic and Israel to the United States, Bahamas, Puerto Rico, Canada and Mexico. Effective from 9 November, the PSS from West Med and Adriatic will be US$1,100/TEU and US$2,200/FEU for all equipment types, while from Israel, the PSS will be US$750/TEU and US$1,500/FEU. If you liked this post, please co
  • Sea-Intelligence reports significant deterioration in trade imbalances
    In its latest analysis, Danish maritime data analysis firm Sea-Intelligence dives into developments in trade imbalances and back-haul utilisation in the post-Covid period. Pre-Covid, the back-haul vessel utilisation was hovering around the 50% mark but has been declining since then and dropped below 40% in August 2024 for the first time, according to Sea-Intelligence data. The analysts note they
  • Port of Long Beach reports record box volumes
    Increased demand for holiday-related goods nudged the Port of Long Beach (POLB) to its most active September and busiest quarter on record, as shippers continued to move goods ahead of a labor contract deadline for seaports on the East and Gulf coasts, which resulted in a three-day strike at the start of October. POLB's dockworkers and terminal operators moved 829,499 TEUs in September, up just 7

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Splash web site
OCTOBER 17, 2024
  • Hengli Heavy in Shanghai listing move
    Chinese shipyard Hengli Heavy Industries is set to go public via a major asset restructuring with Hengli Group-controlled ceramic products manufacturer Songfa Ceramics. Hengli Group's shipbuilding business will indirectly enter the capital market via a deal that resembles a reverse takeover, also sometimes referred to as a backdoor listing, through an asset swap and share ...
  • Transocean scoops $193m drillship contract in US Gulf
    Swiss-based offshore drilling giant Transocean has secured a one-year contract with an undisclosed operator in the US Gulf of Mexico for its ultra-deepwater drillship Deepwater Conqueror. The New York-listed operator of 34 floaters said the rig has been fixed from October 2025 for about $193m, including additional services. The 2016-built unit is currently operating for ...
  • Vale signs up one more valemax for rotor sails
    Japanese owner NS United Kaiun Kaisha and Brazilian mining giant Vale International have agreed to install rotor sails manufactured by Anemoi Marine Technologies on a 400,000 dwt valemax. The sails were installed on the NSU Tubarao, which has been engaged in a long-term transportation contract between NS United and Vale since its delivery in September ...
  • Bahri clinches $756m financing for Marinakis VLCCs deal
    Saudi Arabia's flagship line Bahri has secured $756m to partially finance nine very large crude carriers it agreed to buy from Evangelos Marinakis-controlled Capital Maritime & Trading earlier this year. The Riyadh-based company has penned a murabaha financing deal with Alinma Bank. Bahri is paying about $1bn in total for the scrubber-fitted ships delivering by ...
  • Hong Kong Maritime and Port Development Board given greater powers
    Hong Kong is setting up an industry-led Maritime and Port Development Board to assist the government in putting forward policies and long-term development strategies as the city takes a multipronged approach to consolidate its status as an international shipping centre. The Hong Kong Maritime and Port Development Board, which will replace the existing Hong Kong ...
  • d'Amico exercises option to buy another product tanker at a discount
    Milan-listed product tanker owner and operator d'Amico International Shipping (DIS) has exercised its purchase option on an MR product tanker currently under charter with the company. The Carlos di Mottola-led firm bought the 2018-built, 49,999 dwt medium-range product tanker High Leader for a consideration of approximately $34.3m. The vessel, built by the Japan Marine United Corporation, ...
  • Diana Shipping charters out panamax to Raffles Shipping
    New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Raffles Shipping International for one of its panamax vessels. Raffles Shipping hired the 2010-built, 75,700 dwt bulker Selina. The gross charter rate is $10,500 per day, minus a 5% commission paid to third parties, for a period until a minimum ...
  • Nuclear power for shipping pioneer CORE POWER swells funding to $500m
    Shipping nuclear propulsion start-up CORE POWER is set to reach a funding milestone of $500m, which will support the UK-based company in finishing the technology designs and building the program for the maritime industry. CORE POWER is building the world's first maritime civil nuclear program in the Organisation for Economic Co-operation and Development (OECD), which ...
  • Philippines confirm commerciality for three offshore wind projects
    The Department of Energy of the Philippines has awarded certificates of confirmation of commerciality to three offshore wind projects with a combined target capacity of 1.65GW. The projects are being developed by a consortium of Triconti Windkraft Group, Sea Wind Holdings, and Stream Invest Holding. The trio has decided to put the projects into the ...
  • George Economou seeks to delay Seanergy boardroom vote
    George Economou has moved to delay the upcoming annual shareholders meeting at US-listed Greek capesize bulker specialist Seanergy Maritime. The Greek shipping magnate, who, via his affiliated investment vehicle, owns about 9% of Seanergy, launched a proxy fight in June, naming John Liveris and Georgios Kokkodis as his board picks just a few months after ...
  • Titan Wind Energy to build FSO for Singapore energy player
    Chinese wind power equipment maker Titan Wind Energy has secured a deal worth $45m to build a floating storage and offloading (FSO) vessel. According to a stock exchange filing, a subsidiary of Titan Wind, Nantong Changfeng New Energy Equipment Technology, will build the vessel for OceanSTAR Marine and Offshore Investment, a Singaporean energy project contractor. ...
  • American stealth bombers pound Houthi weapons caches
    US Central Command (CENTCOM) forces conducted multiple airstrikes on numerous Houthi weapons storage facilities in Yemen early this morning in a bid to degrade the militant group's capability to continue what was described as their "reckless and unlawful" attacks on international commercial shipping in the region. CENTCOM forces, including stealth bombers, targeted the Houthi's hardened ...
  • Ukraine reaches out to the IMO as Russian attacks intensify
    With Russia targeting shipping and port infrastructure over the past month for the first time this year, Ukrainian authorities are seeking help from the United Nations, asking the International Maritime Organization to send a monitoring mission. Splash has reported on four international merchant ships coming under attack over the past five weeks, the first confirmed ...
  • Russia claims to be developing nuclear-powered submarines to deliver Arctic LNG to Asia
    Russia is pressing ahead with a whole new form of gas transport, unveiling designs for nuclear-powered submarines to ferry LNG from the Arctic to Asia. The Kurchatov Institute, Russia's leading research and development institution in the field of nuclear energy, is working with energy giant Gazprom to build the underwater gas carriers, with delegates attending ...
  • Greek owners make $18bn gas gamble
    Greek shipowners have spent what analysts at VesselsValue describe as an "unprecedented" $18bn on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker and container asset classes. Data from VesselsValue shows Greek owners have spent $13.8bn on 59 LNG carriers since 2021, as well as around $4bn on 41 ...
  • INTERCARGO asks RightShip to rethink new age limit for bulk carrier vetting inspections
    Members of INTERCARGO, a global dry bulk shipping association, have voiced their concerns regarding ship vetting platform RightShip's decision this week to reduce the age limit of bulk carriers eligible for vetting inspections from 14 to 10 years. INTERCARGO said it was disappointed RightShip had not consulted with the organisation prior to announcing the age ...
  • AHTS newbuild prices double in the space of just three years
    A new report from VesselsValue shows the remarkable leap in offshore newbuild prices with some asset classes nearly doubling in the space of just three years. Offshore values for five-year-old, large anchor handling tug supply (AHTS) vessels have spiked by 97% since 2021, according to data from VesselsValue. Platform supply vessels (PSVs) have spiked by ...
  • WinGD introduces LPG pre-fit option for operators looking at the ammonia trades
    Swiss marine power company WinGD has introduced an option for its X-DF-A ammonia-fuelled engines to be delivered capable of running on liquified petroleum gas (LPG). Chinese-controlled WinGD said the pre-fit solution will be of particular interest to vessels under construction for the anticipated global trade in ammonia, which will also be capable of transporting LPG. ...

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Lloyd's List web site
OCTOBER 17, 2024
  • Shipping splits into 'parallel universes' as global trade continues to decouple
    The Russia-Ukraine war, the Houthi attacks in the Red Sea, the extreme tensions between the US and China - it...
  • Ofac announces more Houthi sanctions hours after US bombs militants' weapon sites
    The US has announced a fresh round of sanctions targeting shipping networks linked with designated Houthi financier Sa'id al-Jamal. The...
  • Daily Briefing
    UK to check 'shadow fleet' tankers for 'suspect, dubious' insurance during English Channel transits | Biggest set of sanctions to...
  • Two fixed-premium insurers behind Iran-trading sanctioned tankers
    The rise of fixed premium providers with unknown financial status and backing highlights flag registries' absence of due diligence into...
  • UK to check 'shadow fleet' tankers for 'suspect, dubious' insurance during English Channel transits
    Focus on marine insurers covering elderly and poorly maintained tankers shipping Russian oil has intensified amid concern from regulators they...
  • Record number of tanker sanctions fail to interrupt Iran-China trade
    'US sanctions are actually having the strongest impact on the Russian market, but it seems that these vessel-specific sanctions in...
  • Shanghai gears up to lead green fuel bunkering service
    More methanol bunkering trials with Maersk's boxships are in plan
  • Biggest set of sanctions to date 'unleashed' by UK
    The latest sanctions are part of Foreign Secretary David Lammy's 'personal mission to crack down on the full spectrum of...
  • DP World makes Asia-Pacific pivot to ride crest of supply chain shift
    'Everything we acquire, whether a logistics park, dry port or rail operation, relates to the routes we try to connect,'...
  • Shippers warned of further disruption wave
    London-based analyst Drewry warns carrier customers that a 'likely' US port strike will only add to the 'chronic situation' enveloping...
  • Mysterious boxes shipped from occupied Crimea unloaded in Syria
    The true destination of the containers is unknown, but there is a distinct possibility that the containers will travel beyond...
  • Norwegian Shipowners Association moves to remove Ro Marine address from its Oslo building
    Norway's company registry has been contacted to remove references to Ro Marine's address at the association's Oslo building because it...
  • Vale posts biggest iron ore production since 2018
    Brazil-based Vale has registered a nearly 5% year-on-year increase in iron ore production in the nine months of 2024 so...
  • Verified gross mass ruling may go the other way in future cases, claimants' lawyers insist
    High Court 'effectively extended the duty of care, acceding to the claimant's legal argument, but made adverse findings of fact,'...
  • Regulations key to alternative fuels pricing, market development
    The use of technology and greater collaboration can help provide greater transparency, bearing in mind that the move to greener...
  • CMA CGM and HD Hyundai team up on ship lifecycle emissions project
    Move presents one of very few initiatives in the industry that integrates the shipbuilding process into the broader ambition of...
  • Bunker players see biofuels, LNG as best transition fuels
    Vitol Asia sees 2024 as the year in which customer demand for higher concentrations of biofuel has been rising
  • Ukraine calls for IMO monitoring as Russian attacks intensify
    Russian attacks on shipping in Ukrainian ports have intensified recently, with four separate attacks recorded in the space of nine...
  • The week in bunkers: Singapore biofuel bunker sales hit record high
    Upcoming environmental regulations are driving more shipping companies to secure biodiesel-blended marine fuels in Singapore, as such blends are viewed...
  • Intercargo concerned by RightShip inspection age change
    The association said bulk carrier owners were not consulted on the decision and is urging RightShip to reconsider its timeline...
  • MOL eyes atomic future as Japan warms to nuclear
    MOL president Takeshi Hashimoto says nuclear power is a necessary part of shipping's decarbonisation and he will consider further engagement...
  • Hengli Heavy's backdoor listing in Shanghai set to fuel shipbuilding expansion
    Move comes against the backdrop of a boom in the shipbuilding market, with Hengli seizing the opportunity to quickly emerge...

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The Journal of Commerce web site
OCTOBER 17, 2024
  • Ripple effects playing out globally from ILA strike: analyst
    Despite its brevity, shippers can expect to see ongoing impacts on tonnage supply on some trade lanes from the Oct. 1-3 strike, Lars Jensen told the South Carolina International Trade Conference.
  • STB approves CPKC, CSX acquisitions of regional rail line in southern US
    The Class I railroads are acquiring separate sections of a rail line in Alabama and Mississippi, allowing them to launch a new joint intermodal service between Mexico and the Southeast US.
  • Premier Alliance enhances network ahead of February launch
    The group, comprising ONE, HMM and Yang Ming, said the changes apply to two trans-Pacific services and an Asia-Mediterranean service.
  • Montreal says congestion risk grows as dockworkers refuse overtime
    The port's main container terminals are among the facilities affected by the overtime strike that Montreal's dockworkers have deployed as part of contentious contract negotiations.

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TradeWinds web site
OCTOBER 17, 2024
  • Dacks breaks into MR tanker sector with order from Chinese leasing company
    Taiping & Sinopec Financial Leasing has ordered two product carriers backed by charter contracts from Shandong Shipping Tanker
  • US takes another swipe at Houthi financier with sanctions against new swathe of ships
    Treasury Department adds eight ships to its list of blocked assets
  • Navigator Gas wins 7.25% rate on $100m Nordic bond issue
    Remaining portion of existing notes to be redeemed at 101.6% of par value
  • 'Relentless' decline as fixtures by commodities giants push capesize rates to 11-week low
    Cargill, Rio Tinto and Fortescue Metals group push rates downward on Australia-to-China iron ore trade
  • Frontline scores Brazil-to-China rate gain as VLCCs exit shoulder period 'relatively unscathed'
    Breakwave Advisors sees VLCC rates at a floor after sailing through lull between cargo programmes
  • US takes another swipe at Houthi financier with sanctions against another swathe of ships
    Treasury Department adds eight ships to its list of blocked assets
  • Captain Tsakos bucks trend as new Greek maritime academy opens doors and minds
    Building on the success of its nautical high school, Greek shipping clan shifts gears
  • Drama not scaring Alexander Hansson from the Nordic American Tankers trough
    Board vice chairman grabs 50,000 shares bringing 2024 total to 900,000
  • Soaring jet fuel shipments offer lift for LR2 tanker shipowners
    Exports on product carriers grow from the Middle East in particular as plane journeys increase
  • John Fredriksen adds to DOF Group stake with Oslo share purchases
    Tycoon strengthens his position as offshore shipowner's second- biggest shareholder
  • Delta Corp wins court approval to seize $31m from Dubai trader
    But judge's decision opens door for OQ Trading to challenge decision
  • More tankers set to load at Russian Black Sea port as Kazakhstan ups oil production
    Kpler says central Asian producer to pump 243,000 barrels per day more oil in November
  • Diana Shipping-backed Windward Offshore allies with Stodig to manage new CSOV fleet
    Seatrans-owned manager to handle four newbuildings
  • Clarksons: Green ammonia set to outstrip shipping fuel competitors in long term
    Head of green transition Kenneth Tveter says shipping could piggyback on build-out of production
  • UK unveils biggest ever sanctions package against Russian shadow fleet in 'mission to constrain the Kremlin'
    Government says it will challenge tankers with dubious insurance status that pass close to its coast
  • Maersk launches Ukraine service as liner giant unfazed by Russian attacks on shipping
    Intensifying raids on ports do not seem to reduce country's seaborne traffic
  • Pacific Basin Shipping supramax earnings disappoint in third quarter
    Owner-operator had to pay more for third-party vessels when it was unable to supply its own
  • Perfect storm propels tanker newbuilding orders to highest level since 2006, SSY says
    Head of research cites dearth of previous orders, an ageing fleet and buoyant markets due to global turmoil
  • More fragmented than baby-sitting: Why shipping stocks can't clear the NAV hurdle
    This week's Streetwise takes a look at Star Bulk's Hamish Norton and his search for answers
  • Evangelos Marinakis heads $18bn Greek gas gamble that 'could shape the future of global trade'
    Veson Nautical's Dan Nash says 'bold' investment stance could shape the future of global trade
  • VLGC spot rates shed 16% in a week amid fixture slowdown and sentiment pullback
    Middle East market hangs on Saudi Arabia while charterers bide their time in the Atlantic
  • Winter shocker for modern LNG carriers as rates crash into $20,000 per day range
    Steam turbine vessels 'out of the picture' and tri-fuels at operating expenses levels
  • d'Amico International Shipping hits long-term goal of buying chartered-in fleet
    Italian owner exercises MR option after snapping up four others in recent months - at a discount
  • Iran battles oil slicks spreading after leak off key export hub of Kharg Island
    Impact on tanker loadings is not yet known
  • Tanker giant Cosco Energy snaps up fleet of 16 LPG and chemical carriers from sister firms
    State-owned group consolidating its operations to target more international business
  • Russians nabbed over banned shipments of chemicals from Spain
    Spanish police seize 13 tonnes of chemicals at port of Barcelona
  • Who is Daniel Hockey? 'Fixing machine' steps into the spotlight at Affinity
    New brokerage head reveals company is growing a Dubai office and will build out its tanker business
  • Beer, chocolate and hydrogen: How Antwerp lured the Global Maritime Forum
    CMB.Tech's Alex Saverys aims to showcase Antwerp's green projects, Africa links and Brussels dialogue to shipping leaders in 2025
  • Polembros Bulkers buys first ship in four years as asset prices dip
    Traditional Greek owner acquires a post-panamax bulker as countrymen step up S&P activity
  • Nordea shipping loan book drops in third quarter as it reshuffles top management
    Bank names Petteri Ankila new head of large corporates & institutions
  • US stealth bombers take out underground Houthi weapons caches
    Yemeni rebel group warns of 'imminent response' to Western air strikes
  • A view from China: Shipping powerhouse still driving global trade forward
    Shanghai is a city transformed by two decades of global trade, and it's not finished yet

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American Shipper web site
OCTOBER 17, 2024
  • Rail a key to 10 million-TEU Charleston forecast
    Portwide expansion and upgrades for ship, rail and truck have Charleston, South Carolina, officials eyeing annual capacity of 10 million TEUs for the fast-growing Southeastern maritime hub.
  • Coal company sues Dali shipowners for over $100M
    Consol Energy is suing the owner of the ship that caused the Baltimore bridge collapse that forced the company to shut down its export terminal for most of Q2.
  • Air cargo sector rides elongated peak season to strong finish
    The air cargo sector is finishing the year with a flourish as peak season demand pushes freight rates even higher.

››› File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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