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24 April 2025 - Year XXIX
Independent journal on economy and transport policy
21:17 GMT+2
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January 23, 2024

free news
Exim India web site
JANUARY 23, 2024
  • Shipping Idea Exchange holds well-attended event in Mumbai
  • Retailers opting for air freight to protect supply chains
  • Wiz Freight announces INR 125 cr. Series B funding led by Japanese venture capital SBI Investment & Nippon Express
  • HazDV simplifies process of managing hazardous cargo documentation for shipping lines
  • Online platform for aspiring exporters in 3 months, says DGFT
  • Oilmeals exports up
  • Red Sea Crisis: Second largest capacity drop
  • NEMO service will temporarily stop crossing Suez Canal & go via Cape of Good Hope
  • Committed to revive BOT model, making it investment friendly & attractive for private partnerships: Gadkari
  • Chinese auto exporters go for own shipping fleets
  • Red Sea crisis not an India-specific issue; govt has provided cushion to exporters: Secy
  • Gems & jewellery exports decline during April-Dec.
  • Bahri Chemicals to time-charter two methanol-powered ships in a 5-year agreement with Proman
  • Surge in wheat shipments bypassing Suez Canal
  • India's GDP seen growing at 6.9-7.2 pc in FY24
  • Agri exports dip, basmati rice sees significant surge
  • Baltic Exchange Market Report (19 January 2024)

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International Transport Journal web site
JANUARY 23, 2024
  • More than half way there
  • More short-haul freight routes
  • Swiss Post banned from takeover
  • DHL Express: new heads for Asia Pacific
  • 775,000 carbon-free km
  • Extending cooperation on dangerous goods
  • Wincanton sold for GBP 566.9 million
  • Maersk bypasses the Red Sea
  • Menzies Angola is born
  • Panattoni: a hub in the city centre
  • Why January remains the busiest month for jobs
  • Xi'an's latest train en route to Poti
  • Quicker Med-Sea connection
  • "Curiosity of the Day"
  • Gliding between archipelagos
  • MOL commits to safety
  • A promotion for Lasse Wirenius
  • Two major deals in India's real estate sector
  • Researching HGV data in Scotland

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The Loadstar web site
JANUARY 22, 2024
  • Speed up or add ships? Carriers mull Asia-N Europe makeover options
  • Flexport - (nicely) exposed
  • 'Nervousness' as container shortage starts to impact Indian exporters
  • Panama Canal headaches not so painful for box ships, but costs will rise
  • Red Sea risk: how much of nuisance are rate hikes really for shippers?
  • South Korea and Vietnam governments intercede for SME shippers
  • Network composition - try some lateral thinking
  • Jail time looms as more defendants in Polar Air Cargo fraud case admit guilt
  • Can FedEx match up to Amazon with new data-driven platform fdx?
  • Philip Rauchhaus steps up as new regional head at Lufthansa Cargo
  • Martin Kraemer joins DoKasch as VP sales and marketing
  • Peel Ports appoints Marcus Connolly its strategic commercial director

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Marine Log web site
JANUARY 22, 2024
  • Windward Offshore ups its Vard CSOV order to four ships
    Windward Offshore has exercised an option under a contract placed with Fincantieri's Norwegian-based Vard subsidiary in October last year and has added two additional hybrid commissioning service operation vessels (CSOV) to the
  • Houthi claim of hit on Ocean Jazz "patently false"
    The Reuters news agency today reported the Houthis as saying that they had launched a missile attack on the Ocean Jazz, a 10,662 dwt U.S.-flagged heavlift carrier, in the Gulf of Aden.
  • NYK Line bridge simulator advances offshore wind training in Japan
    An advanced full mission bridge simulator for offshore wind operations developed by NYK Line and Damen Services is set to be inaugurated in Akita, Japan, on April 1. The offshore wind training

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Container News web site
JANUARY 22, 2024
  • Piteå to Gothenburg: New rail shuttle unveiled
    Träfraktkontoret in Gothenburg, along with its subsidiary TFK Logistics, has successfully launched a railway shuttle service connecting Piteå to the Port of Gothenburg, the largest port in Scandinavia. This achievement ensures that businesses in the northernmost region of Sweden now have access to a reliable and eco-friendly transportation solution for their global markets. "We are very pleased w
  • Oakland reports container volume decline in 2023
    Port of Oakland saw its container volumes decrease by 11.6% to 2,065,709 TEUs with full containers declining by 10.1% to 1,574,444 TEUs in 2023. "2023 finished strong," pointed out Port of Oakland Maritime Director Bryan Brandes, adding, "Carrier on-time performance has improved importer confidence and provided valuable vessel space for our agriculture exporters to move their products from Oaklan
  • CMA CGM reshuffles Algeria services due to Red Sea crisis
    CMA CGM has announced changes in several of its services due to the current crisis on the Red Sea and Suez Canal. "With immediate effect, all cargo bound for Oran, Mostaganem and Ghazaouet, Algeria, will now transit either via Algeciras or via Valencia instead of Tanger," said the French ocean carrier in a statement. The Agapome service will stop calling at Tanger port and the new rotation will b
  • Danish variety store chain Flying Tiger Copenhagen to transport its Maersk ocean cargo with ECO Delivery Ocean
    A.P. Moller - Maersk has announced that Flying Tiger Copenhagen will transport its entire ocean freight transport volume under Maersk care with the ECO Delivery solution from 2024 onwards to reduce its greenhouse gas emissions from ocean logistics. With ECO Delivery, Maersk customers can handle ocean transports completely with certified green fuels like second generation biofuel based on waste fe
  • Hapag-Lloyd takes over UK-based road haulier
    Hapag-Lloyd signed an agreement to acquire 100% of the share capital of UK-based ATL Haulage Contractors Ltd (ATL). Established in 2008 as a private company, ATL has a fleet of 120 owned trucks and a network of over 100 additional trucks from dedicated subcontractors. The entire owned truck fleet has an average age of under two years and a minimum emissions standard of Euro 6. Additionally, the c
  • Port NOLA partners with global consulting firm on St. Bernard Transportation Corridor project
    The Port of New Orleans (Port NOLA) Board of Commissioners has taken significant steps to proceed with the expedition of the St. Bernard Transportation Corridor, a crucial roadway for St. Bernard Parish. This corridor will establish a vital link between the new US$1.8 billion Louisiana International Terminal (LIT) and the interstate system, fulfilling a longstanding need expressed by the St. Bern
  • Toyota's Woven Capital boosts Corvus Energy for global maritime zero-emission projects
    Corvus Energy, a global leader in zero-emissions energy solutions for maritime, offshore, and port applications, has announced a significant investment from Woven Capital, Toyota's growth fund. This move aims to accelerate the development of Corvus Energy's expanding product portfolio, particularly in the areas of battery storage and hydrogen fuel cells. The investment will also facilitate the co
  • Peel Ports appoints new strategic commercial director
    Peel Ports Group has enhanced its global container operations through the appointment of Marcus Connolly as the new strategic commercial director. Bringing over 25 years of experience in international container shipping and logistics, Marcus Connolly has previously held positions at A.P. Moller-Maersk and NYSHEX. Based at the Port of Liverpool, Connolly will lead efforts in developing transformat
  • South Carolina inland ports achieve record results amid container drop in 2023
    Both inland ports at South Carolina Ports handled a record number of containers in the last year with Inland Port Greer moving 175,873 containers, translating to a 26% year-over-year growth and Inland Port Dillon increasing its volume by 55% to 43,266 boxes. According to SC Ports statement, the growth at these two rail-served inland ports has driven the percentage of containers moved inland by ra
  • Port of Koper unveils new state-of-the-art truck terminal
    The Port of Luka Koper has officially unveiled its new external truck terminal in Sermin, Slovenia. Recognised as Slovenia's most modern truck parking facility, it is designed to meet high service and safety standards following European Union's regulations. The inauguration ceremony featured the presence of Alenka Bratu�ek, Slovenia's Minister of Infrastructure, Nevenka Kr�an, president of the ma
  • CMA CGM adjusts NEMO service due to Red Sea crisis
    Due to recent attacks on commercial vessels in the Red Sea Region, CMA CGM Group is introducing precautionary measures for the safety of its vessels and crew members. As a result, the NEMO Service will temporarily reroute around the Suez Canal via the Cape of Good Hope in both directions. Therefore, the French ocean carrier will offer a direct fixed-day weekly service connecting Europe with Reuni
  • Wan Hai could replace Hapag-Lloyd in THE Alliance: Yang Ming ex-boss
    Yang Ming Marine Transport's ex-chairman Bronson Hsieh suggested to Taiwanese media that Wan Hai Lines could be a suitable substitute for Hapag-Lloyd in THE Alliance. Speaking to ETToday, Hsieh noted that Wan Hai, which operates solo Transpacific routes, had ambitions of launching Asia-Europe services. Wan Hai also has begun taking delivery of eighteen 13,000 TEU ships that were ordered during th
  • Port of Riga handles 465,000 TEUs in 2023
    The Port of Riga set a new record in 2023 by handling more than 5 million tonnes, equivalent to 465,4000 TEUs, for the first time in the port's history. Containerized cargo emerged as the largest cargo group for the first time, constituting 27% of the port's overall cargo portfolio. In comparison to the previous year, container cargo volumes witnessed a significant 9.8% increase. Also, the Port o
  • Maersk updates Sakura service
    Maersk has announced improvements to its Sakura service's port rotation. The network modification seeks to improve Maersk's ability to meet the import and export demands of the Japanese market while also ensuring the connection of client cargo to essential core services in Shanghai, resulting in a more efficient and reliable service. The new Sakura Service will connect Shanghai (Eastbound) (China

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Splash web site
JANUARY 22, 2024
  • Diana Shipping offshore wind JV doubles CSOV order tally at Vard
    The Windward Offshore joint venture, consisting of Greek bulker owner Diana Shipping, Blue Star Group, SeaRenergy Offshore, and SeraVerse, has exercised its option to acquire two additional newbuilding offshore wind commissioning service operation vessels (CSOVs) from Norwegian shipbuilder Vard. Following the completion of the acquisition of the two additional CSOVs, Windward Offshore will have c
  • Hapag-Lloyd acquires UK's ATL Haulage Contractors
    Germany's Hapag-Lloyd has struck a deal to acquire UK-based ATL Haulage Contractors. The Hamburg-headquartered liner is adding a fleet of 120 owned modern trucks with an average age of under two years and a network of over 100 additional trucks from dedicated subcontractors for an undisclosed sum. "The acquisition of ATL, and working together with ...
  • Diana Shipping fixes out panamax to ST Shipping and Transport
    New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Glencore's Singapore-based ST Shipping and Transport for one of its panamax dry bulk vessels. Also, the company's offshore wind JV exercised an option for an additional two CSOVs. ST Shipping hired the 2013-built, 75,403-dwt bulker . The gross charter rate ...
  • TEN offloads elderly suezmax
    Tsakos Energy Navigation (TEN) has cashed in on one of its ageing suezmax tankers. The New York-listed Greek player has offloaded the 2005-built Eurochampion 2004 to an unnamed buyer in a deal that is expected to contribute about $40m to TEN's cash balance. The ship was debt-free and part of a double suezmax repurchase with ...
  • Eni enters offshore wind partnership in Spain
    Renewable energy player Plenitude, controlled by Italian energy major Eni, has entered into a strategic partnership with BlueFloat Energy and Sener Renewable Investments to accelerate the development of offshore wind projects in Spain. According to Plenitude, this collaboration strengthens the existing joint venture between BlueFloat Energy and Sener Renewable Investments. Together, they boast a
  • Wallenius Wilhelmsen expands fleet, seals new transport deal
    Car carrier operator Wallenius Wilhelmsen has signed a multi-year shipping contract with an undisclosed South Korean construction machinery company and added two new vessels to its fleet. In an Oslo Bors filing the company said that the new agreement - described as 'significant' by the Norwegian company - has a duration of three years, plus ...
  • Cape diversions see shipping emissions soar
    The extraordinary redrawing of the seaborne trading map between Asia and Europe over the past couple of months since the Houthis intervened in the ongoing war in Gaza is having a deleterious effect on shipping's carbon footprint with one new report suggesting shippers might experience a more than five-fold increase in CO2 emissions per container ...
  • ABB awarded contract for Guyana-bound FPSO
    Swiss technology group ABB has secured work on an ExxonMobil floating production storage and offloading (FPSO) unit slated for the South American Uaru oilfield. Under the contract, awarded by Offshore Frontier Solution in Singapore, a joint venture between Japanese floater specialist Modec and Toyo Engineering Corp, ABB will deliver the topside and hull electrical systems ...
  • Sohmen-Pao strikes deal for BW Energy
    Floater specialist BW Offshore has accepted an offer by parent company BW Group to buy shares of affiliate company BW Energy at the second time of asking. BW Group has on November 29, 2023, purchased 250,000 shares in BW Energy for NOK 23.7717 ($2.3) per share via an all-or-nothing order placed with a bank. Following ...
  • Australia recalls livestock carrier
    Livestock carrier that departed Fremantle in early January for Aqaba, Jordan, has been instructed to return to Australia by the country's federal government. The 2010-built, 7,900-dwt livestock carrier, formerly known as the Ocean Outback - registered to Bassem Dabbah Shipping and operated by Korkyra Shipping - has a capacity for approximately 8,000 animals. The vessel ...
  • Reach Subsea adds $54m to contract backlog
    Norwegian offshore services player Reach Subsea has been awarded several new contracts, contract extensions and option exercises worth in total more than NOK570m ($54.5m). The new work relates to existing framework agreements for operations in the North Sea and the Americas region. Most of these contracts are starting in the first quarter and cover all ...
  • Greeks raise bets on ammonia trades
    Shipowners have continued to secure berths for very large ammonia carriers (VLACs) in South Korea, with Greek players named as being behind newbuild orders at Samsung Heavy Industries (SHI) and compatriot builder HD Hyundai Heavy Industries (HD HHI). George Economou's TMS Cardiff Gas has signed for two 88,000 cu m ships at SHI, lifting its ...
  • Wisdom Marine back at Tsuneishi for kamsarmax duo
    Taiwan's Wisdom Marine has returned to Tsuneishi Shipbuilding with a deal for two newbuild kamsarmax bulk carriers and delivery in 2026. The Taipei-based owner, led by Lan Chun Sheng (James Lan), said in a stock exchange filing that the pair of 82,400 dwt would cost up to $80m. Tsuneishi Zhoushan in China had already delivered ...
  • Tsakos swoops on five Viken tankers
    Tsakos has been tied to purchasing five modern tankers in a deal with Norway's Viken Shipping. The Greek owner has picked up the 2023-built LNG dual-fuel LR2s Angleviken and Askviken, the 2018-built aframax Breiviken and its 2019-built counterpart Eikeviken as well as the 2018-built suezmax Morviken, according to MB Shipbrokers, formerly Maersk Broker. No price ...
  • KSS Line takes Scorpio MR tanker
    In the middle of last week, New York-listed Scorpio Tankers revealed that it had sealed a deal to sell a nine-year-old MR that it bought out of lease financing in 2022. The product tanker giant revealed that it had sold the SPP-built MR2 STI Tribeca for $39.1m, with delivery in the first quarter. Now, brokers ...
  • Novatek's Baltic terminal attacked by long-range drones from Ukraine
    Ukrainian forces conducted a drone attack on Russia's largest Baltic port over the weekend. The operation, which used two long-range drones, resulted in a massive fire at Novatek's gas terminal with all staff evacuated. Four tankers were moored at the port at the time of the attack. They quickly left the port within an hour ...
  • Angelicoussis offloads its oldest VLCC for a firm price
    The Angelicoussis Group has sold a vintage VLCC for a firm price. The outfit has let go of its oldest VLCC, the 306,200 Elizabeth IA, a Daewoo-built ship that hit the water in 2004. The price tag attached to the deal is just under $34m. The ship has already been renamed Statice and is now ...
  • Ship abandonment cases leapt 11% last year
    The International Transport Workers Federation (ITF) has released its figures for the numbers of vessels abandoned in 2023 which show a worrying 11% increase from the previous year. Seafarers are deemed to have been abandoned if the shipowner fails to cover the cost of a seafarer's repatriation; or has left them without the necessary maintenance ...

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Lloyd's List web site
JANUARY 22, 2024
  • US and UK hit Houthis with further airstrikes
    The eight round of airstrikes from the US and UK have targeted Houthi underground storage and missile and air surveillance...
  • The Lloyd's List Podcast: Why are some shipowners prepared to run the Red Sea gauntlet?
    The wait and see period for shipping is well and truly over - ships of all types are now re-routing...
  • High cost of alternative fuels will boost sails
    International Windship Association expects around 70 vessels to use wind-assisted propulsion by the end of 2024, as stricter environmental regulations...
  • Wallenius Wilhelmsen acquires leased vehicle carriers for a song
    'The sellers won't be happy having to let go of highly lucrative tonnage in a red-hot car carrier market that...
  • CMA CGM continues to run Red Sea gauntlet
    Containerships in the Red Sea are becoming increasingly rare. Maersk is now also avoiding the Gulf of Aden, while Hapag-Lloyd...
  • The week in newbuildings: Dry cargo sector in vogue
    Newbuilding contracts for 13 bulk carriers were signed in the past week while Ocean Network Express confirmed a much anticipated...
  • The week in charts: Suez Canal vessel transits plunge by a third | Risk appetite divides Red Sea Shipping | Chinese tonnage increases in Red Sea despite Houthi attacks
    Lloyd's list Intelligence vessel-tracking data reveal that a tipping point has been reached in the Red Sea amid a second...
  • Red Sea diversions increase boxship emissions
    Both carriers and major BCOs have been seeking to reduce emissions from box shipping. The closure of the Red Sea...
  • VLCC orders set to double in 2024, says Poten
    Other predictions include a surge in tanker demolition, geopolitics continuing to dominate the market and Opec+ reversing its production cuts
  • Surging oil exports see Russia displace Saudi as China's top supplier
    Russia has supplanted Saudi Arabia as China's largest crude oil supplier after a four-year gap, with Western sanctions forcing many...
  • More vintage containerships head for recycling
    MSC sends 30-year-old boxship and a 24-year-old multi-purpose cargo vessel for Hong Kong Convention recycling, to bring its demolition sales...
  • HD Hyundai in ship cyber security tie-up
    Tie-up comes ahead of mandatory requirements from July 2024 for newbuilding contracts to have cyber security measures
  • Fire at Russian tanker terminal halts exports after possible drone strike
    Lloyd's List Intelligence data shows two LPG carriers and one product tanker are at berth of the port complex. Additionally...
  • Sanctioned Hennesea Holdings tanker blocks Bosporus traffic
    The 18-year-old laden tanker had switched off its AIS while loading at Black Sea port of Novorossiysk a week ago
  • Seized tanker crew 'well treated' by Iranians, says released cadet
    The 19-year-old speaks of crew's shock at vessel's seizure at gunpoint - and his surprise at quick release
  • Daily Briefing
    Chinese tonnage rises in Red Sea despite Houthi attacks | Pace of container freight rate increases slows | The week...

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The Journal of Commerce web site
JANUARY 22, 2024
  • Hapag-Lloyd takes over UK-based trucking company in multimodal expansion
    The carrier is growing its multimodal footprint in the UK market to support its global maritime transport network.
  • Red Sea crisis sends ocean rates exploding for India-Europe loads
    There are also some signs of the inventory cycle starting to get problematic for Indian shippers because of extended equipment turnarounds given the new routings.
  • New shipper signs up to Maersk's green service as Red Sea emissions mount
    Shipper demand for more environmentally friendly ocean transport is building slowly, but longer voyages around Africa stand to add significantly more CO2 emissions per TEU to Asia-Europe cargo.

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TradeWinds web site
JANUARY 22, 2024
  • US shipowners eschew Red Sea routes after vessels come under fire
    Genco, Pangaea Logistics and Royal Caribbean steer clear of troubled region
  • Houthis claim attack on US-flag cargo ship in Gulf of Aden as Navy denies ship was hit
    Missiles are said to have been fired against the heavylift vessel Ocean Jazz
  • Podcast: The 'astute operators' turning a tanker company into a green shipping platform
    Financial analyst Michael Webber says it would take decades to build CMB.Tech platform
  • 'Release Galaxy Leader crew immediately', pleads IMO chief
    Iran-backed Houthi regime has held the car carrier and its seafarers for two months
  • Tsakos Energy Navigation clears way for modern tankers by cashing in older suezmax
    Greek owner offloads ship named after the country won the 2004 European football championship
  • Hapag-Lloyd dives into UK logistics sector as it snaps up road haulier
    German liner operator follows similar move by CMA CGM last week
  • Red Sea relief fuels ongoing recovery in boxship charter market
    Owners also capitalise on strong vessel demand ahead of Chinese New Year
  • Protesters stop Israeli container ship from docking in Australia
    Zim Ganges stuck at anchor for three days off Australia
  • Hoegh Autoliners revamps management team with new sustainability lead
    New hire joins from the auto parts industry
  • Estonia reveals digital 'grand plan' to help its ship register fly
    Tech-savvy country wants to grow its maritime industry
  • Clean ammonia trade boom to swell VLAC fleet to 400 ships, MSI says
    Demand to be transformed by increasing move from fertiliser production to bunkers
  • Product tanker rates jump as ships flee Red Sea in wake of Houthi attacks
    LR2s could climb above $90,000 per day if utilisation continues rising, Clarksons says
  • Wison New Energies moves on design work for two FLNG units for Nigeria
    Ace Gas & FLNG Co and Transoceanic Gas & Power adopting 'design one and build two' strategy
  • Genco talks up track record as George Economou circles
    Bulker owner's chairman and CEO believe they have positioned the company well
  • Red Sea crisis fuels rise in carbon emissions as container ships take longer routes at higher speeds
    But Carbon Intensity Indicator scores are safe for large boxships because longer distance helps
  • New York's Genco talks up track record as George Economou circles
    CEO and chairman of bulker owner believes they have positioned the company well
  • Spiral of Somali piracy attacks 'highly likely', says safety think tank
    Safe Seas director Christian Bueger says the region's anti-piracy network has partially collapsed
  • Eagle's Gary Vogel to pocket $9m as he sails away from Star Bulk takeover
    Accelerated vesting of restricted stock as company changes hands is key to officer awards
  • Alpha Gas tops up VLAC newbuilding drive with Hanwha Ocean duo
    Greek shipowner confirms two orders at second South Korean yard
  • KSS lines up flipped Scorpio MR tanker for Hyundai Oil charter
    Brokers identify South Korean owner as the buyer behind Emanuele Lauro-led company's sale
  • Product tanker rates jump as ships flee Red Sea in wake of Houthis attacks
    LR2s could climb above $90,000 per day if utilisation continues rising, Clarksons says
  • Borealis Maritime eyes $2bn war chest for maritime asset buying spree
    Having sold the bulk of its boxships, London-based company secures $600m in fresh funds with which to grow in new areas
  • US crude tanker trade growth to slow as output falls, says Gibsons
    Projections suggest production will not match much better than expected total from 2023
  • DNB sees strong rates triggering capital markets comeback for shipping
    DNB's head of ocean says industry needs frontrunners in energy transition
  • Chinese shipyard picks up first-ever newbuilding order from Japanese shipowner
    Chinese shipyard wins debut newbuilding deal from Japanese shipowner
  • Wallenius Wilhelmsen snaps up valuable car carrier tonnage for staggering $100m discount
    Norwegian owner's Eukor unit taking back two ships from Japanese owners
  • EU warns shipping over risk of Houthi ship-boarding in Gulf of Aden
    Increased skiff activity raises concerns of interceptions despite failed Houthi attack last month
  • Chinese yard picks up first-ever order from Japan as marketing campaign finally pays off
    Chinese shipyard wins debut newbuilding deal from Japanese shipowner
  • Livestock carrier recalled by Australia after it decides to scrap Red Sea trip
    Animals had spent 15 days at sea before authorities ordered it to return
  • China's New Dayang Shipbuilding inks milestone newbuilding deal with Japan's Kasuga Kaiun
    Chinese shipyard wins its debut newbuilding deal from a Japanese shipowner
  • Grey methanol, ammonia and hydrogen 'not viable' marine fuels in short term, says SEA-LNG
    SEA-LNG poised to release cost of compliance fuelling calculator in first quarter
  • Andreas Sohmen-Pao's BW Group pays $176m for BW Energy stake
    Singaporean group will hold around 74% of the oil and gas company
  • Wallenius Wilhelmsen scoops 'significant' $290m transport deal in South Korea
    Norwegian car carrier giant to ship construction machinery for up to five years
  • Eagle Bulk director Randee Day quits as George Economou backs her for Genco board shake-up
    The experienced director is also on the board of International Seaways
  • Andreas Sohmen Pao's BW Group pays $176m for BW Energy stake
    Singaporean group will hold around 74% in the oil and gas company
  • Wisdom Marine returns to Tsuneishi for bulker newbuildings
    Taiwanese owner is paying less than $80m for two conventionally fuelled vessels
  • 'As dark as you get': Russia tanker trades set to enter new era, warns Fractal Shipping boss
    In the first of a two-part interview, the CEO opens up on the rise of Fractal Shipping amid sanctions and paints a worrying picture of what is to come
  • India and China vie for Venezuela VLCC crude cargoes
    Tankers International says VLCC prospects boosted by longer haul trades in 2024
  • VLCC newbuilding orders set to 'take off' in 2024, says Poten
    US broker says more tankers will be scrapped due to EU scrutiny of secondhand sales
  • Container and passenger castoffs dominate recycling sales, with MSC still in the lead
    Two of Swiss liner giant's boxships among an eclectic collection of seven ships sold for recycling over past week
  • Maersk, NYK, Centrofin ships rescue migrants as illegal Med crossings surge
    Four commercial ships picked up nearly two hundred boat people over the weekend in separate incidents off Greece
  • CMA CGM diverts more ships as Australia service heads for Cape of Good Hope
    French liner giant says the Red Sea crisis shows little sign of a solution anytime soon
  • Libya's Al Sharara field resumes production after two-week hiatus
    Force majeure lifted at a key crude provider for Mediterranean aframaxes

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American Shipper web site
JANUARY 22, 2024
  • United Airlines' cargo decline eased in fourth quarter
    United Airlines said Monday that fourth-quarter cargo results were half as bad as for the full year.
  • Shipping and geopolitical risk: Don't forget about Korean Peninsula
    Amid the focus on wars in Europe and the Middle East, North Korea's threat to key exporting and shipbuilding nations grows.

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