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04 April 2025 - Year XXIX
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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
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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