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04 April 2025 - Year XXIX
Independent journal on economy and transport policy
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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
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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