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01 July 2025 - Year XXIX
Independent journal on economy and transport policy
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October 25, 2024

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Exim India web site
OCTOBER 25, 2024
  • Cargo volume up at Major Ports in Sept.
  • ESL launches India East Mediterranean Express (IEX) service
  • Asia best-connected to global shipping networks and a driver of merchandise trade
  • IMF estimates India's growth at 7 pc in FY25
  • India organises Land Port Training under ITEC for officials from neighbouring countries
  • Leadership in supply chain risk management
  • Vessel bunching on the increase
  • Mormugao Port Authority recognised globally as an incentive provider on the Environmental Ship Index (ESI) platform
  • Govt notifies removal of export tax on parboiled rice
  • Anti-dumping duty on 5 Chinese products
  • Gandhidham Chamber of Commerce applauds DPA Chairman for immediate resolution of port issues
  • COSCO SHIPPING Ports acquires stakes in Laem Chabang Port terminals
  • CMA CGM Group and SUEZ ink MoU to help decarbonise shipping in Europe
  • Clarification regarding debiting of Restricted License for import of IT Hardware
  • LNG freight rates fall due to less demand
  • Attacks on merchant ships in Ukrainian ports, waters could threaten dry bulk exports

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International Transport Journal web site
OCTOBER 25, 2024
  • Not only for tanks
  • "Rail.Hub" wins German Logistics Award 2024
  • A train to link Swarzedz with Barcelona
  • Supporting Hong Kong's gold storage strategy
  • Uber Freight's Mexican milestone
  • UP's KCIT to open in mid-2025
  • Overseeing Air Partner's cargo division
  • Damen delivers first CF 3850 vessel
  • FedEx to boost shipping capacity in Honduras
  • "Curiosity of the Day"
  • Rest stations for drivers in India
  • Fuel for up to 3,000 CNG powered trucks daily
  • Mr. Marine welcomes new CEO
  • CBP recovers stolen machinery bound for Guinea

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The Loadstar web site
OCTOBER 24, 2024
  • MSC ship first in line for disruption as Montreal dockers call Sunday strike
  • Final defendant in Polar Air Cargo case pleads guilty before trial begins
  • Conf call redux: DSV - 'the logic still applies'
  • Using Amazon Air services 'a win-win' for 'absolutely satisfied' K+N
  • Kuehne + Nagel - applying Say's Law
  • Freight rates on major ocean trades out of India continue to slide
  • Red Sea crisis proving 'a boom period' for feeder operators
  • South Korean state tightens control of HMM amid privatisation questions
  • Boeing's turnaround plan hits a hurdle as machinists vote to continue strike
  • A new age of sail - but not for deepsea containerships, says bound4blue

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Marine Log web site
OCTOBER 24, 2024
  • Dali owner and operator will pay $102M to settle U.S. claim
    The U.S. Department of Justice Department has announced that Grace Ocean Private Limited and Synergy Marine Private Limited, the Singaporean corporations that owned and operated the containership Dali, have agreed to pay
  • Grain de Sail plans to build 200 TEU pure sail containership
    Wind-assisted propulsion systems (WAPS) have been a lot in the news lately as more owners add hard sails or rotors to ships to meet major charterers' needs to decarbonize. French coffee roaster
  • K-Line to start trials of Inmarsat's NexusWave
    Japanese shipping giant K-Line (Kawasaki Kisen Kaisha Ltd.) said today that it is to trial Inmarsat Maritime's new network service NexusWave on its fleet, with trials beginning this month. Launched in May

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Container News web site
OCTOBER 24, 2024
  • China's self-developed LNG container ship delivered in Dalian
    Dalian Shipbuilding Industry Co., Ltd. announced the delivery of China's self-developed liquefied natural gas (LNG) dual-fuel container vessel on 21 October in Dalian. Constructed for the world's largest container line MSC, the ship spans 366 meters in length, 51 meters in width, and has a molded depth of 30.2 meters, with a design draft of 14.5 meters. It boasts a capacity of carrying 16,044 sta
  • Asia's Dominance: Box Throughput and Investments at the World's Busiest Ports
    In 2023, the top five ports in terms of container throughput were all located in Asia, underscoring the region's dominance in the shipping industry. This geographic concentration highlights Asia's growing influence and strategic importance in the maritime sector. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating
  • Hapag-Lloyd applies new peak season surcharge from Latin America to Europe
    German container line Hapag-Lloyd has announced a new peak season surcharge (PSS) from the West Coast of Latin America, Central America and the Caribbean to North Europe and the Mediterranean. The surcharge of US$900 per reefer container will be applicable to all sailings starting on 11 November and will be valid until further notice. The company noted the implementation date for Colombia, Ecuado
  • CCS unveils world's first five-in-one, foldable container
    Compact Container Systems (CCS) has launched the SeaFold HC 40' container, the world's first five-in-one, foldable shipping container to improve operating inefficiencies, reduce unnecessary container movements, and reduce carbon emissions throughout the transportation and logistics supply chain. With over 20% of all ISO containers returning to their port of origin empty, the SeaFold 40' has the p
  • Med ports amid Red Sea crisis: The two sides of the same coin
    The Red Sea crisis has significantly impacted the global shipping industry with the Mediterranean ports experiencing various effects from the ongoing disruption. Container News carried out a comparative analysis of the major Mediterranean ports of Tanger Med (Morocco), Piraeus (Greece), Port Said (Egypt) and Valencia (Spain), aiming to highlight the level of impact and resilience amid the continu
  • ShibataFenderTeam provides DP World Callao with fender systems
    The Port of Callao in Lima, Peru has seen its DP World-operated South Terminal transformed in recent years with the construction of Muelle del Bicentenario. The addition of 400 meters to the terminal has extended its total length to 1,050 meters, making it the longest in the country. This expansion allows the South Terminal to service up to three vessels simultaneously, including two vessels of u
  • HMM acquires more than 112,000 containers after lease amendment
    South Korea's flagship carrier HMM will take over more than 112,000 containers that it originally had on operating lease from state-controlled financial institution Korea Ocean Business Corporation (KOBC). This content is locked Select a CN Premium Subscription Package To Unlock The Content! Martina Li Asia Correspondent If you liked this post, please consider donating The post appeared first on
  • OOCL signs charter deals with Seaspan for six new 13,000 TEU boxships
    COSCO-owned ocean carrier Orient Overseas Container Lines (OOCL) entered into charter agreements with Seaspan for six brand new 13,000 TEU container ships for a maximum aggregate amount of US$1.6 billion (RMB11.2 billion). The newbuildings are expected to be delivered between the fourth quarter of 2026 and the first quarter of 2028 and are to be chartered for 15 years from delivery. (top left) We
  • Mexico Factor: How US-China Trade Tensions are Reshaping North America Logistics
    The landscape of US-China trade has undergone a dramatic transformation since 2018, when tariff policies implemented during the Trump administration and maintained under Biden began reshaping global supply chains. With these policies affecting over US$380 billion worth of trade and resulting in US$79 billion in tariffs, businesses have been forced to seek creative solutions to maintain their comp
  • "K" Line to trial Inmarsat Maritime's new bonded network service on its fleet
    Japan-headquartered transport company Kawasaki Kisen Kaisha ("K" Line) will conduct a trial of Inmarsat Maritime's new bonded network service NexusWave on its fleet. NexusWave seamlessly integrates multiple high-speed networks in real time to enable high-speed, always-on ship-to-shore communications, thereby enhancing digitalization of ship operation and environmental response, as well as the wel
  • Port of Long Beach secures US$2.6 million federal grant to enhance cybersecurity, drone detection and cargo flow
    The Port of Long Beach (POLB) has been awarded more than US$2.6 million by the US Department of Homeland Security's Federal Emergency Management Agency (FEMA) to protect critical infrastructure and ensure the safe movement of trade. As the nation's third-largest recipient of the agency's Port Security Grant Program, POLB will invest the funding into strengthening cybersecurity, improving drone de
  • Red Sea crisis causes "vessel bunching" to hit pandemic peak levels
    In its latest analysis, Sea-Intelligence has dived into the "vessel bunching" phenomenon, which is defined as the number of sailings in a given week in excess of the number of weekly services. The Danish maritime data analysis firm explains, "From a network design perspective, for every weekly deep-sea liner service, one vessel would be scheduled to depart from an origin region each week. However
  • COSCO invests US$110 million in Thai container terminals
    COSCO SHIPPING Ports has acquired 12.5% and 30% equity stakes in Thai Laemchabang Terminal (TLT) and Hutchison Laemchabang Terminal (HLT), respectively. The signing ceremony took place in Vietnam on 23 October. The consideration for the acquisition is approximately US$110 million, which includes Berth A2 in TLT, Berths A3, C1-C2 and D1-D3 in HLT, where D1-D3 is partly under construction. The tota
  • The Impact of Sustainable Containers on the Industry
    Photo by Tom on Pexels Sustainability is now a priority focus in most sectors. More businesses are actively looking for ways of reducing their footprint. The storage and logistics sector is one notable area of change, where previous containers have always contributed to waste and pollution. This growing demand has led to the introduction of sustainable options. These solutions are designed to min
  • 3 Professional Development Paths for Marketers: Improve Your Career with Strategic Choices
    Source: Unsplash Full-time marketers face significant challenges in staying relevant. Online marketing evolves fast, and they have to answer that growth. A study revealed that 87% of marketers consider professional development crucial. However, only 29% are satisfied with their current skill opportunities. This article delves into three professional development paths. The material aligns with the
  • Comprehensive Guide to Throne and Liberty: Mastering Weapons, Skills, and Builds
    In this review, we go into the fascinating world of Throne and Liberty. Your character's power is determined by the weapons and skills you select. We'll review the various types of weapons available, along with different builds and strategies tailored to all kinds of playstyles. By the way, a lot of players use Throne and Liberty boosting to make the game easier. However, there's also a unique pl

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Splash web site
OCTOBER 24, 2024
  • Performance Shipping fixes leaseback deal for second LR2 newbuild
    Greece's Performance Shipping has agreed a new sale and leaseback deal for one of its newbuilds. The Nasdaq-listed tanker owner and operator of seven aframaxes on the water is selling its LNG-ready scrubber-fitted LR2 product and crude oil carrier to an unnamed counterparty in Asia and chartering it back for 10 years on a bareboat ...
  • Wood secures work on Singapore FSRU
    UK consulting and engineering firm Wood has been awarded an FEED contract by the Singapore LNG Corporation (SLNG) for the development of Singapore's second LNG terminal. The expansion with the second terminal will add an estimated five million tonnes per annum of additional capacity. The new terminal will also secure the country's growing energy needs ...
  • DDW Offshore scores double AHTS deal in Australia
    Norway's DDW Offshore, a business unit of Oslo-listed oil services investment company Akastor, has won new contracts for two anchor handling tug supply (AHTS) vessels in Australia. The contracts with an international oil company involve the 2010-built Skandi Peregrino and the 2012-built Skandi Atlantic, commencing on January 1, 2025, and March 1, 2025, respectively. Both ...
  • BlackRock sells GasLog stake to Singapore's GIC
    US investment giant BlackRock is selling out of Greek liquefied natural gas (LNG) shipping player GasLog. A fund managed by the New York-based firm's Global Infrastructure Partners (GIP) has struck a deal for Singaporean sovereign wealth fund GIC to take over its 45% stake in the Peter Livanos-backed GasLog for an undisclosed sum. The deal ...
  • COSCO buys into Thailand's largest port
    COSCO Shipping Ports has bought into Thailand's largest port, buying stakes from Hutchison Ports at Laem Chabang. China's largest maritime conglomerate is spending $110m to take 12.5% and 30% equity stakes in Thai Laemchabang Terminal (TLT) and Hutchison Laemchabang Terminal (HLT), respectively, the two largest terminals at the port. The acquisition covers berth A2 in ...
  • Somali pirates head back to sea
    International shipping has been warned that pirates from Somalia are likely back hunting for targets in the Indian Ocean. With monsoon season coming to a close, 13 armed pirates have left from Ceel Huur near Hobyo and are in the Indian Ocean, according to both the European Union's naval force in the region as well ...
  • TS Lines moves to raise up to $145m in Hong Kong IPO
    Taiwanese carrier TS Lines launched its initial public offering in Hong Kong Thursday, looking to raise up to about $145m. The intra-Asia feeder specialist is floating nearly 251m shares at HK$3.50 to HK$4.50 apiece, according to a Thursday filing, of which 10% are being offered publicly in Hong Kong and 90% to international investors. TS ...
  • Chinese car parts maker moves into shipbuilding
    Chinese car parts manufacturer Xingmin Intelligent Transportation Systems (Xingmin ITS) is expanding into the shipbuilding business by acquiring a 30% stake in Zhejiang East Coast Shipbuilding. The Shenzhen-listed company, which mainly produces steel wheels for cars and trucks, is paying RMB360m ($50.5m) for its move on the subsidiary of Yangfan Group, which also controls Zhoushan ...
  • GTT wins service contract for Eni's FLNG in Mozambique
    LNG containment system leader GTT has been awarded a service contract on Eni's Coral Sul FLNG vessel off Mozambique. Eni is the operator of the Coral Sul FLNG project on behalf of Area 4 partners ExxonMobil, CNPC, Galp, KOGAS, and Mozambican national company ENH. The FLNG is located in the Rovuma Basin off the coast ...
  • Chinaland enters cape segment
    Shanghai-headquartered Chinaland has moved into the cape segment with two purchases, joining a string of other Chinese owners, putting its trust in sustained growth for vintage giants. Earlier this month, brokers reported that Taiwanese owner CMT, a pure cape player, sealed its first sale in over a decade, offloading the 19-year-old China Peace for around $20m. Now, ...
  • German firm to invest $4.6bn in Vietnamese offshore wind project
    German renewable energy developer PNE has announced that it would be investing $4.6bn in an offshore wind project in Vietnam's Binh Dinh province. The project has a capacity of 2GW, divided into three phases with each phase resulting in an investment of over $1.5bn. The Binh Dinh province has large offshore wind potential due to ...
  • GE Vernova to remove number of blades from stricken Vineyard Wind
    GE Vernova has revealed that it would remove several blades from the Vineyard Wind project after completing quality checks of all blades. The quality check was part of the Incident and Response and Action Plan announced in August following an incident in July in which a blade suffered damage and island beaches were strewn with ...
  • Transformation of Constanta port accelerates
    One of Europe's fast growing ports is in transformation mode with dredging, new facilities and greater rail link projects all underway. When Russia backed out of the UN-backed Black Sea Grain Initiative in mid-July last year Ukraine was forced to shift much more of its exports via the Danube and route shipments via the very ...
  • French firm debuts sailing vessel capable of carrying 200 teu
    Grain de Sail's newest project, the Grain de Sail III sailing ship, is expected to set sail in 2027 and will be the largest vessel in the fleet, measuring 110 m in length and able to carry 200 teu, emitting less than 2 grams of CO2 per ton transported per km traveled. The ship should ...
  • Why I'm backing this country to become a major crewing force
    Carl Martin Faannessen, the CEO of Noatun Maritime, on the potential for Kenya to become a seafaring hub. Once upon a time there was a crewing company in one of the main hubs for crewing. It was getting requests from Chinese owners to supply ratings, which made little sense considering the number of Chinese seafarers. ...

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Lloyd's List web site
OCTOBER 24, 2024
  • Baltimore bridge case will last years but key decision is just days away
    The US federal government settled its suit for costs from the Baltimore bridge disaster, but the legal action has just...
  • Daily Briefing
    Ceres I arrives in China as mystery deepens over marine insurer liability | P&I rate hikes heading up, but pace...
  • Ceres I arrives in China as mystery deepens over marine insurer liability
    The accident on July 19 left both tankers on fire and seriously damaged, and whether insurers will pay out is...
  • Andrews defends Steamship Mutual pricing strategy in face of broker criticism
    Move to put premiums up by 5% and then give back more than double that is the right one for...
  • Singapore sovereign fund GIC agrees to buy BlackRock stake in GasLog
    New investor's long-term investment horizon 'aligns' with GasLog values, says shipowner
  • Hapag-Lloyd on track to earn $2.6bn more than expected this year
    Germany's Hapag-Lloyd posted 3Q24 ebit of $1.1bn and ebitda of $1.6bn. New full-year guidance implies the fourth quarter will be...
  • Shanghai prepares insurance and legal services for green shipping
    A specialised clause for electric vessels has been created, while products for alternative fuel-powered ships are in preparation
  • Costamare shuffles management of bulker operating platform
    Long focused on the container sector, the US-listed owner has built up a significant bulker operating business since 2022, following...
  • Fire safety, radar and navigation problems on wind power's long to-do list
    Wind-assisted propulsion systems will need to resolve a raft of technical problems if they are to go mainstream
  • P&I rate hikes heading up, but pace of increase set to slow
    'First-class owners with good records are already paying enough,' argues Tysers
  • Höegh Autoliners chief unfazed by deluge of vehicle carrier newbuildings
    Newbuilding deliveries are easing pressure on capacity and filling in gaps following a decade of underinvestment, says Höegh Autoliners chief...
  • Maersk e-methanol supplier among EU grant winners
    Maersk's e-methanol supplier European Energy and Dutch shortsea company Samskip are among the grant winners from the EU's Innovation Fund
  • Black Sea attacks threaten global food security, says UK prime minister
    Ukraine's grain corridor has helped to keep cereal prices 15% lower than last year - but if attacks continue, prices would...
  • Back to the future: food company orders sail-powered containership
    The French company exports wine to the US and imports chocolate and coffee from Central America and the Caribbean, all...
  • Belgium hopes emissions sensor will improve North Sea emissions
    The sensor has been designed by the Royal Belgian Institute for Space Aeronomy to monitor ships' emissions as they pass...
  • The week in bunkers: Singapore replaces Rotterdam as top biodiesel hub
    Singapore replaced Rotterdam as top biodiesel bunker hub despite Dutch subsidies, as regulatory certainty and falling prices boosted demand in...
  • Rerouting via Cape of Good Hope increases insurance risk, Gard warns
    Swell height and maximum wave height are both higher off South Africa than in the Arabian Sea
  • Cosco Shipping Ports gains long-sought access to Thailand's key Laem Chabang terminals
    Deals are giving CSP a presence in Southeast Asia, where booming trade and logistics demand are being fuelled by global...

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The Journal of Commerce web site
OCTOBER 24, 2024
  • Montreal dockworkers plan one-day port strike on Sunday
    The Port of Montreal's maritime employers warn that even a brief strike will add to shipper uncertainty over routing cargo through the port given other recent job actions taken by the union.
  • UP pins performance slip on communication gap over USWC cargo surge
    UP's CEO Jim Vena, during the railroad's Q3 earnings call, appeared to take a shot at ocean carriers for not informing landside stakeholders sooner about the heavy volumes that landed along the West Coast in recent months.
  • BC longshore foremen bargained in bad faith: Canada labor board
    The ruling from the Canada Industrial Relations Board said union longshore foremen moved too late in raising the issue of automation's impact on jobs at the Port of Vancouver.
  • Hapag-Lloyd raises full-year forecast on 'stronger than expected' Q3
    The first signs of solid third-quarter performances are being reported by ocean carriers, and with greater visibility over the rest of the year they are ramping up their profitability expectations.
  • US port automation holds promise, but hardly a sure shot
    A report from the US Governmental Accountability Office shows the possible -- but narrow -- path for adoption of automation at US ports as maritime employers and longshore labor along the East and Gulf coasts attempt to hammer out a new master contract.

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TradeWinds web site
OCTOBER 24, 2024
  • 'Impasse': Montreal dockworkers poised to strike again as negotiations break down
    Employers at Eastern Canada's busiest port say labour uncertainty is hurting its reputation
  • BlackRock lifts stakes in two energy shipping stocks despite GasLog exit
    Larry Fink-led investment giant adds shares in Teekay Tankers and Golar LNG
  • Crude exports rise at Saudi VLCC port on Red Sea as pipeline volumes dodge Houthi treat
    Hormuz alternative provides a way to avoid Bab el Mandeb Strait
  • Performance Shipping secures sale-and-leaseback of second tanker newbuilding
    Deal with an Asian firm helps the shipowner fund its orderbook
  • Former Chevron Shipping chief clocks on as Dorian LPG director
    Connecticut owner expands board to eight with appointment
  • Houthis or harsh weather? Insurance claims spike after ships rerouted to avoid Red Sea danger zone
    Norway's Gard says container ships and car carriers at risk from Cape of Good Hope disruption
  • New Fortress Energy appoints Andrew Dete as its first president
    Economist and former Goldman Sachs VP steps up at US LNG player
  • Shipowners shoulder higher premiums as insurance renewal round kicks off
    Steamship Mutual announces general increase for 2025 alongside big return of funds to members
  • Pioneering pool reaches 200 ships as Van Weelde bulker fleet opts in
    Finnish sustainability start-up expanding rapidly as deadline approaches
  • Planes, trains and wealth management: How a top banker remains active when shipping deals run dry
    Streetwise newsletter catches up with a shipping dealmaker amid a dearth of deals
  • Boost for tankers as South Sudan restarts crude exports disrupted by civil war
    Dar crude pipeline back in action after long outage
  • Russian attacks on Ukraine could hinder dry bulk market
    If safety is not improved, 1% of global dry bulk exports could be impacted
  • Dorian LPG holds dividend firm as top line heads towards two-year low
    US-listed owner was affected by a slump in VLGC rates in the last quarter
  • BlackRock sells major stake in GasLog as Singapore's GIC fund steps in
    Deal comes after months of speculation about the investor seeking to divest its interest in the Livanos and Onassis-backed firm
  • Hapag-Lloyd hikes 2024 profit forecasts as Red Sea crisis fuels bottom line growth
    German carrier raises earnings forecast after stronger demand and improved rates
  • They're in: Clarksons crowns the winners of dry cargo Dragon's Den day
    Teams of brokers competed to impress judges during dry cargo diploma session in London
  • TS Lines files $145m Hong Kong IPO to raise cash for newbuilding orderbook
    Liner operator launches flotation to help fund 7,000-teu newbuildings and charters
  • Oldendorff linked to $50m double sale as bulker asset values slide extends
    German giant reportedly finds new buyers for ships it failed to offload in June
  • Fire-hit shadow fleet VLCC returns to China for first time since collision with Hafnia ship
    Collision near Singapore Strait raised concerns over regulation of vessels hauling sanctioned cargoes
  • Trafigura buys into Meroil tank storage venture after Lukoil exit
    Trader takes 50% stake in Barcelona business from Spanish oil company
  • Wine and chocolate firm ordering third cargo sailing ship for Atlantic trade
    Grain de Sail plans to launch 200-teu vessel in 2027
  • Over 100 LNG newbuildings set to be fitted with MAN's now culled ME-GA engine
    Designer says it will honour all service contracts and 'work on updates to resolve any potential technical issues'
  • Maritime growth boosts Kongsberg profit as newbuilding orders surge
    Kongsberg Maritime increased revenue by 30% in third quarter
  • Are Somali pirates on the prowl again? EU navy checks suspicious moves in Indian Ocean
    Operation Atalanta urges vessels in the region to 'proceed with caution'
  • Hoegh Autoliners opens the door to chartering vessels in strategy about-face
    With car carrier capacity tough to come by, Oslo outfit might look to charter market
  • How $1.6bn Danske Bank fund is placing bets now a rising tide no longer lifts all shipping stocks
    Fund bets on BW LPG, Cadeler, Hafnia and Wallenius Wilhelmsen
  • AG&P LNG agrees to buy Australian terminal developer Venice Energy
    Expansionist-minded company outlines new FSRU-based plan for stalled project
  • Tanker owner Altera wins $243m grant for Europe's first large carbon shipping and storage project
    Company plans to order three large CO2 carriers
  • Hoegh Autoliners lines up $245m dividend as profit races and CFO shifts post
    Chief financial officer also departs for greater role in Manila
  • China's top wheel maker Xingmin ITS breaks into shipbuilding
    Shenzhen-listed company has acquired a 30% stake in Yangfan's Zhejiang East Coast Shipbuilding
  • Swedish lender SEB's shipping loan book drops in third quarter
    Net profit remains stable and CEO Johan Torgeby hails 'robust result'
  • Taxes, topknots and Nobu Su: Nine observations from 'shipping's Davos'
    Change is on the agenda as the key drivers of shipping today - disruption, complexity and the green transition - came under close scrutiny at the Global Maritime Forum's annual summit in Tokyo
  • Pareto Bank's shipping loan book increases with offshore as it sees flat lending in fourth quarter
    Norwegian lender expects weaker oil price to affect subsea space
  • China sending out bearish signals on LNG demand, Poten says
    Broker and consultant notes that freight rates have been falling sharply despite canals constraints
  • Pacific International Lines poised to spend over $700m on a series of new container ships
    PIL is said to have inked a letter of intent with Hudong-Zhonghua for five LNG dual-fuelled vessels
  • Oceaneering suffers offshore vessel repair costs and downtime amid profit gains
    Engineering firm's offshore project group sees operating income and revenue pull back
  • US tanker stocks are hammered, but they're not alone on a trading day to forget
    Other shipping shares also lose ground in broader market sell-off on interest rate concerns

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American Shipper web site
OCTOBER 24, 2024
  • UPS forecasts softer peak shipping season
    UPS's financial performance bounced back in the third quarter, but it flagged macroeconomic weakness and in-store shopping as potential headwinds for fourth-quarter volumes.

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