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June 27, 2024

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Exim India web site
JUNE 27, 2024
  • RIJA transports Heavy Lift Cargo from Mumbai to Cochin
  • Ministry committed to develop robust inland water transport system: Sonowal
  • DBGT achieves major milestone of handling 3,000th vessel
  • More ships, containers needed
  • Industry urges govt to extend IES for exporters
  • Wheat prices up from two-month low as India seen importing
  • Restriction at Deendayal Port oil jetty
  • PSA recognised with three awards
  • GDP growth seen at 7.2 pc in FY25: Fitch
  • You Ask We Answer

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International Transport Journal web site
JUNE 27, 2024
  • Southern European forwarders expanding
  • Contract extensions for WFS
  • Cargo Ai unveils latest allotment feature
  • A first for Renault in Chile
  • FS to explore new energy sources
  • Revamping Russia's intermodal terminals
  • Röhlig USA picks regional COO North America
  • Maersk opens low emissions hub
  • Partners for a new bunker solution
  • Trialling digital co-drivers
  • Forging a French partnership
  • A double role for Christophe Tchordjallian
  • PSA launches first hydrogen refuelling station
  • Between Bangkok and Binh Duong
  • "Curiosity of the Day"
  • Hybrid-electric RTGs arrive at Bayport terminal
  • A second MD at Cologne/Bonn airport

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The Loadstar web site
JUNE 26, 2024
  • Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
  • 'One FedEx' blossoms, takes Mr Market's pulse with Freight spin-off allure
  • MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
  • Asiana Airlines unions object to KAL takeover - 'find another buyer' plea
  • Methanol fuel cells - 'a major breakthrough' in maritime decarbonisation
  • No let-up in online shopping, but demands for free delivery will test etailers
  • 'Messing about on the river' brings a touch of déjà vu

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Marine Log web site
JUNE 26, 2024
  • Sovcomflot tanker NS Africa rescues 19 seafarers in the Gulf of Aden
    Russia's largest shipping company Sovcomflot reports that on June 23 at 13:12 local time, its tanker NS Africa, sailing in the Gulf of Aden 96 nautical miles southeast of the port of
  • Crowley christens America's first all-electric harbor tug
    In a ceremony held in the Port of San Diego yesterday, Crowley christened the eWolf, America's first all-electric harbor tug. Operating with zero emissions and other sustainable technology, the tugboat delivers the
  • First Venture Global LNG carrier is on the water
    The Samsung Heavy Industries shipyard in Geoji-si, South Korea, has launched the first of the nine LNG carriers acquired during their construction phase by Arlington, Va., headquartered U.S. LNG export terminal operator
  • McAllister Towing announces departure of Eric McAllister
    McAllister Towing today announced that Eric McAllister, officer, director and shareholder of the company, is leaving to pursue various other opportunities. "I want to thank Eric for all of his contributions to
  • Viega press fittings gain additional NAVSEA approval
    Broomfield, Colo., headquartered Viega, whose press fitting system is the first to meet the U.S, Navy's rigorous testing requirements, reports that it has received additional Naval Sea Systems Command (NAVSEA) approval for
  • ITF demands immediate action to ensure the safety of seafarers in the Red Sea
    Yesterday was IMO's Day of the Seafarer, with this year's theme being "Navigating the Future - Safety First." Both IMO Secretary General Arsenio Dominguez and UN Secretary General António Guterres marked the
  • Ship owners face hefty emission bills under EU-ETS, warns Oceanly
    The integration of the shipping sector into the European Union Emissions Trading System (EU-ETS) brings substantial costs and compliance challenges for ship owners and Rapallo, Italy, headquartered fleet performance solutions specialist Oceanly

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Container News web site
JUNE 26, 2024
  • MSC Vietnam's Project Cargo team sets new record
    MSC Vietnam's Project Cargo team has achieved another milestone by successfully securing and loading a disassembled lifting frame with parts of various dimensions in Vung Tau. The longest single piece, measuring 31 meters, sets a new record length, surpassing MSC Vietnam's previous record set just five months ago. By employing innovative handling techniques, strategically using specialized equipm
  • Memorandum signed for development of European Gauge Railway Line to Klaipeda
    A memorandum was signed in Klaipeda to foster closer cooperation in decision-making for developing a new European gauge railway line to Klaipeda. The memorandum was signed by the heads of the Ministry of Transport and Communications, "LTG Infra" (the public railway infrastructure manager of the "Lithuanian Railways" Group), the Klaipeda Port Authority, and the municipalities of Klaipeda city and
  • Boxship newbuildings still in demand despite high deliveries
    Record newbuilding deliveries of 3.1 million TEUs this year have not discouraged new orders, according to Alphaliner's report. However, operators and tonnage providers are shifting their focus to mid-sized vessels of 8,000 to 17,000 TEUs, rather than the megamax ships commissioned during the Covid-19-induced boom. Year-to-date, 64 boxships of 543,500 TEUs have been ordered, as the resurgent freig
  • Geodis expands rail freight network with Poland-Spain connection
    Geodis, a leading intermodal operator, has expanded its rail freight services by introducing a new fixed schedule connection. The first direct rail link between Lódz, Poland, and Barcelona, Spain, became operational on 11 June. On its inaugural journey, the freight train transported customer goods in 44 containers and/or swap bodies, each with a payload capacity of 26 tons, from Lódz to Barcelona
  • Port of Brunswick handles more than 86,500 units of Ro/Ro cargo in May
    The Port of Brunswick set a new record in May, handling 86,577 units of Roll-on/Roll-off (Ro/Ro) cargo, marking a 26% increase of more than 18,000 units compared to May 2023. "Brunswick's proximity to domestic manufacturers and to vibrant sales markets make it a critical partner for the auto industry in driving new business. The recent addition of 120 acres of processing space, along with hundred
  • MSC revises equipment charges in Türkiye
    Considering the current equipment situation in Türkiye, MSC will revise its Equipment Repositioning Charge (ERC) for all cargo originated from Türkiye to NWC, UK and ScanBaltic destinations. As from 1 July 2024 (B/L date) until further notice, the ERC will be charged as follows: €500/20' or GB£500/20' or US$500/20' €500/40' or GB£500/40' or US$500/40' If you liked this post, please consider donat
  • ABP tests new platform to enhance workplace safety and planning
    Associated British Ports (ABP), a major port operator in the United Kingdom, is advancing workplace safety and planning through the trial of a new workforce scheduling platform developed by UK-based startup, Ensemble Analytics. In this trial, ABP will utilize the 'Athena' platform at its Ports of Immingham, Hull and Ipswich to bolster operational resilience and facilitate long-term resource plann
  • Leatherman Terminal reopens following SC Ports-ILA agreement
    South Carolina Ports (SC Ports) has reached an agreement with the International Longshoremen's Association (ILA) and as a result, the Leatherman Terminal will reopen. SC Ports and the ILA said in a joint statement that "after productive and collaborative conversations, we have mutually developed and agreed to the framework for an operating agreement that will create long-term stability and compet
  • NTU Singapore, PSA and Chiyoda launch hydrogen transport and storage trials
    NTU Singapore, PSA Singapore and Japan's Chiyoda Corporation have commenced trials to explore the transportation and storage of hydrogen in the form of methylcyclohexane (MCH). This method allows hydrogen to be stored as a liquid at ambient temperature and pressure before being converted back to gaseous hydrogen for use as a clean fuel in port operations. As part of this collaboration, PSA has es
  • COSCO announces new service linking Mexico with Far East
    COSCO SHIPPING has launched Mexico Express Service (WSA5), connecting key Mexican Pacific ports like Ensenada, Manzanillo, and Lázaro Cárdenas with major Far East ports such as Busan, Dalian, Ningbo, Shanghai, and Qingdao. The Chinese ocean carrier will offer 3,000-5,000 TEU slots per voyage. COSCO SHIPPING currently operates 12 liner routes calling Mexico, with a total capacity of over 220,000 T
  • First commercial electric cargo handlers operate at Port of Los Angeles
    The Port of Los Angeles has achieved another significant milestone in its journey towards becoming a zero-emission (ZE) port by deploying the first commercially available battery-powered electric cargo top handlers in the United States. "We are building a greener Los Angeles together that supports frontline communities while making major investments in clean energy and creating thousands of good-
  • Saudi Global Ports acquires 80 electric prime movers
    In a move towards a more sustainable port ecosystem, Saudi Global Ports (SGP) has acquired 80 electric prime movers (e-PMs) from SANY Marine Heavy Industry for use at the container terminals of King Abdulaziz Port Dammam (KAPD). Along with the e-PMs, SANY will provide charging stations and relevant training for SGP employees to maintain and service the e-PMs and charging stations. This purchase h

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Splash web site
JUNE 26, 2024
  • Belships beefs up ultramax fleet with newbuild and secondhand deals
    Norwegian bulker owner Belships is expanding its ultramax fleet with the acquisition of modern Japanese-built vessels and signing up for a pair of newbuildings. The Oslo-listed company said it had agreed to buy an unnamed 64,000 dwt vessel built in 2024 for $41m, with delivery set for the first quarter of 2025. The Lars Christian ...
  • Transocean given one-year drillship extension
    Offshore drilling contractor Transocean has won another one-year extension for the 2014-built ultra-deepwater drillship Deepwater Asgard in the US Gulf of Mexico. The company said that the program was expected to begin in direct continuation of the rig's current program and is estimated to contribute approximately $188m in backlog, including additional services. The daily rate ...
  • KVH inks bulk data Starlink capacity deal
    Maritime connectivity specialist KVH Industries has expanded its relationship with Starlink through a bulk data distribution agreement. The new agreement offers KVH increased flexibility in the development and sales of custom, cost-effective airtime plans using Starlink's mobile priority service. Under the agreement, KVH prepaid for access to a large block of Starlink data at favourable ...
  • Pioneer Marine expands with supramax addition
    Greek bulker operator Pioneer Marine has revealed a new addition to its fleet with the delivery of a 2014-built supramax. The Athens-based company has welcomed the 56,500 dwt Myra Bay - the former V Rich brokers earlier this year reported as sold to an unnamed Greek buyer in a deal worth between $18m and $19m. ...
  • Marsa Maroc to operate container terminal of Nador West Med port
    The development of this port is part of a global strategy aimed at transforming Morocco into a leading logistics platform. The country already has the port of Tanger Med, which ranks among the largest container ports in Africa and in the world. Port operator Marsa Maroc and Nador West Med have signed a concession agreement ...
  • Edda Wind closes $38m private placement
    Oslo-listed offshore wind service pureplay Edda Wind has raised nearly NOK400m ($37.7m) in a private placement of new shares. A total of 17m shares were offered at NOK23.5, with the company's largest backers, John Fredriksen, Wilhelmsen and Idan Ofer, pre-subscribing for the full private placement. Fredriksen's Geveran Trading, Wilhelmsen New Energy and Ofer's EPS Ventures ...
  • Rosetti Marino bags $428m offshore contract
    Italy's Rosetti Marino has secured a contract worth over €400m ($428m) for an offshore project in the Mediterranean Sea. The deal, equivalent to 33% of the value of the entire project, was awarded by Libya's Mellitah Oil & Gas - a consortium formed by National Oil Corporation of Libya and Eni - to Rosetti Marino ...
  • Solstad seals new Prysmian CSV charter deal
    Norwegian OSV owner and operator Solstad has secured a new long-term contract with Italian cabling giant Prysmian. Prysmian has contracted the 2014-built construction support vessel Normand Ocean to support its cabling operations until 2032. The firm contract, with an undisclosed value, will start during the first or second quarter of 2027 and comes with an ...
  • SeaBird gets more work for survey vessel
    Marine seismic specialist SeaBird Exploration has agreed to extend a firm duration of a contract for the vessel Eagle Explorer. SeaBird penned a letter of award with an unnamed repeat client for a 2D survey in the Western Hemisphere and secured a contract for the vessel back in May. At the time, the Oslo-listed company ...
  • TGS to conduct offshore wind measurements off US West Coast
    Oslo-listed seismic data specialist TGS has announced a new campaign for offshore wind and metocean measurement located in Morro Bay, off the US West Coast. The campaign seeks to enhance the understanding of offshore conditions across three wind energy lease areas in Morro Bay. This three-year deployment in an area with an average depth of ...
  • Number of active shipyards jumps by 17.7% in two years
    Shipyards are making the most of the current newbuilding boom with new data suggesting the number of active yards has leapt by 17.7% in the space of the last two years. In June 2022, there were 153 active shipyards, according to Greece's Xclusiv Shipbrokers. This number climbed to 180 this month, with China accounting for ...
  • Agricore books ultramax newbuilds
    Chinese owner Agricore Shipping has beefed up its orderbook of bulk carriers with another newbuilding deal at the domestic yard. The company, better known for its S&P activity on the secondhand market, has selected Jiangsu New Hantong Ship Heavy Industry to build four 63,500 dwt ultramax vessels. Established in 2016, Agricore entered shipowning with its ...
  • Vitol in for LR2 quartet at Dalian
    Commodities trader Vitol has booked four LR2 tankers at Dalian Shipbuilding Industry Co. Brokers suggest a price tag of around $72.5m each and higher, with delivery of the 115,000 dwt vessels starting from October 2026 through to March 2027. The order follows Hyundai Vietnam-built 110,000 dwt LR2s, Elandra Swift and Elandra Tern, entering the fleet ...
  • Vogemann bulks up with more cape orders in China
    Vogemann has added to its series of capesize bulker newbuilds at Hengli Shipbuilding in Dalian. Industry sources say the German owner has returned to the Chinese shipyard formerly known as STX Dalian for four 180,000 dwt scrubber-fitted bulkers, with delivery in 2026 and 2027. The deal builds on Vogemann's order last year involving four capes ...
  • COSCO Shipping resolves dispute over Peruvian megaport exclusivity rights
    Peru and Chinese state-owned COSCO Shipping have resolved a dispute over the $3.6bn Chancay port development which could be transformative for cargo trade between Asia and Peru. Peru and COSCO Shipping were caught in a spat for exclusivity rights which, according to Peru's port authority, were given to Cosco by an 'administrative error'. On the ...
  • Horst Zeppenfeld exits container shipping
    German owner Horst Zeppenfeld has exited the container markets, with Alphaliner reporting the sale of the 2006-built, 1,341 teu Algol to Greece's Element Shipmanagement. The Algol is currently on charter to X-Press Feeders, working routes in South America. The deal leaves Horst Zeppenfeld with two 2014-built handy bulk carriers in its fleet and takes Element's ...
  • Looming lean crew era in the spotlight
    Are the numbers of crew onboard about to dwindle? This forms the lead story in the June issue of Splash Extra published today and follows on from news earlier in the month that tech firm Kongsberg Maritime has received approval in principle from classification society DNV to enable the role of chief engineer to be ...
  • NYK and Pertamina firm gas carrier ties
    Japanese shipowner Nippon Yusen Kaisha (NYK) has agreed with Indonesia state-run Pertamina International Shipping to collaborate in the field of liquefied carbon dioxide (LCO2) and liquefied natural gas (LNG) and jointly establish a shipmanagement company. The two companies have been forging closer ties in recent years, with NYK becoming an investor in PIS two years ...
  • Dawn of the shorefarer
    The world's crewing sector has been digesting significant news this month from Norway which could lead to fewer seafarers employed on ships. Tech firm Kongsberg Maritime received approval in principle from classification society DNV to enable a key role to be transferred from a ship to a shore-based control centre. The move will enable the ...
  • Why euphoria at this year's Posidonia has me worried
    Fair to say this year's Splash-sponsored Posidonia was rammed - organisers begging authorities to expand the exhibition center to accommodate the sensational demand, while the parties were on a euphoric scale we haven't witnessed for close to a generation. With the benefit of hindsight, the sense of euphoria experienced at this year's Greek jamboree does ...
  • MOL invests in American glider manufacturer
    Japanese shipowning giant Mitsui OSK Lines (MOL) has invested in an American developer of a novel form of transport. MOL Switch, the company's US-based corporate venture capital firm, has made a strategic investment in Regent, the developer of so-called seagliders, hydrofoiling electric wing-in-ground-effect vessels (pictured above). The coastal transport gliders use existing dock infrastructure
  • June 2024 Review
    The Red Sea shipping crisis dominated headlines once again in June. The Houthis displayed greater sophistication in their attacks on merchant shipping this month, hitting targets both by sea and air for the first time, killing one seafarer, severely injuring another, sinking one ship with another vessel likely also a constructive total loss. Into seven ...
  • Falling Asian refining margins undermine freight markets
    Crude oil prices climbed during June, narrowing Asian refining margins with some effect on tanker freight rates. WTI rose from a June 4 low of $73.25 to a June 20 high of $81.29. Similarly, between the same dates, Brent was up from $77.52 to $85.99, and Dubai Blend was up $78.87 to $82.49, narrowing the ...
  • Profitable dry cargo's lack of volatility
    China's economic stimulus continues to provide support for its steel producers, for global iron ore markets, and for capesize bulk carrier owners and operators. Chinese steel production rose 8.1% in May over April to reach 92.86m tonnes, its highest since March 2023 and up 2.7% year on year. Steel exports also rose 4.4% to 9.63m ...
  • Up, up and away for containers
    US containerised imports stuttered in May, with LA handling 0.75m teu in May, 3% down on May 2023, though the total for the first five months of the year was up 18% year-on-year. The Port of LA says that its containerised exports were up 24% year-on-year at 0.13m teu while imports were down 4.5% at ...
  • Analyst Abstract
    Dry Bulk Are dry bulk assets now overvalued? Throughout this month there has been plenty of speculation on this topic. A major factor behind rising asset values has been the impact of very strong newbuilding prices, which have deterred owners from making orders for new ships. "High prices and a large number of sales transactions ...
  • Lengthy Posidonia hangover
    Posidonia in Athens put a pause on the sale and purchase markets, and the hangover in the weeks since has been lengthy as reflected in the VesselsValue chart below. Nevertheless, prices remain very healthy, benchmarks are being more than met, and there is still plenty of interest in dry and wet alike. "It feels like ...
  • The Red Sea shipping crisis and Egypt
    The Houthi attacks on merchant vessels are wreaking havoc on shipping in the Red Sea in almost every metric imaginable. From officer supply shortages at an all-time high, sailor deaths, and the number of attacks to a statistic that might not be in the forefront as much as the others - Egypt's financial woes resulting ...
  • Views sought from commercial shipping on the issue of maritime migration
    The voice of commercial shipping is missing from debates around maritime migration, according to the Geneva-based Centre for Humanitarian Action at Sea, who are seeking responses to an online, anonymous survey available here. From the Straits of Malacca to the Gulf of Aden to the Central Mediterranean, it will come as no surprise to shipping ...
  • Exuberant dry bulk market sees asset prices streak ahead of earnings
    Tight shipyard capacity and the fear of missing out are driving values well beyond the likelihood that outlay can be recouped in earnings, writes Plamen Natzkoff from Maritime Strategies International. Dry bulk market players are putting earnings potential over asset values as they seek to capitalise on an exuberantly positive mood according to new analysis ...

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The Journal of Commerce web site
JUNE 26, 2024
  • US trade groups urge Biden's help in restarting stalled ILA-USMX talks
    Over 150 groups representing a variety of US businesses called on the White House to bring labor and management together, but it's not clear if the ILA would welcome outside influence.
  • CMA CGM, Hapag-Lloyd decouple on India-Europe trade after US network shakeup
    After seeking their own paths on the India-US East Coast trade, the carriers have put an end to their long-time slot-swapping on India-North Europe routes, industry sources told the Journal of Commerce.
  • Ocean carriers unable to cover demand despite huge capacity injection
    An early start to the peak seasons on the trans-Pacific and Asia-Europe trades has left shippers fighting for space with no sign of a respite from soaring rates and deteriorating service levels.
  • FedEx to 'reassess' LTL division's future in bid to leverage recent success
    As FedEx Freight increases revenue and profitability, the transportation and logistics company is considering potential steps to "unlock sustainable shareholder value."
  • SC Ports strikes deal with ILA to fully open Leatherman marine terminal
    The Port of Charleston and the International Longshoremen's Association are ending a long-running fight over crane jobs at the terminal by allowing operators to decide whether to join the union,

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TradeWinds web site
JUNE 26, 2024
  • Maxim strikes back: controversial boutique bank makes the case for warrants-based deals
    An unapologetic Larry Glassberg implies that one-bulker Pavimar Shipping IPO could be priced next week
  • Marinakis pens largest PSV order in a decade
    Greek owner cements entry into offshore markets with contract for up to eight vessels
  • Adhira Shipping bags big lithium mining contract after management buyout
    Dubai bulker company seals deal with Moonbound Mining in South Africa
  • Venture Global rolls out first LNG carrier in nine-ship fleet
    But company keeps it blurry on its ship purchases
  • Gram Car Carriers gives shareholders more time to mull Aponte offer
    MSC is looking to take over the car carrier lessor for $700m
  • Chinese newcomer mulls order for 30-bulker haul
    Beijing shipowner previously bought 10 resale ultramaxes and a secondhand supramax
  • Venezuela drawing on shadow fleet tankers to keep oil flowing into Cuba
    Shrinking PDVSA fleet means other vessels are being brought in
  • New VLCC terminals not needed in US Gulf as exports rise, say brokers
    Increased efficiencies mean new projects are not seen as essential to keep crude flowing
  • Japanese asset freeze on shipless SCF subsidiary
    Sun Ship Management has previously been targeted by US, EU, and UK regimes
  • Wista UK master mariners urge all to inspire next generation
    'Catch the trade winds in your sails. Explore, dream, discover'
  • Belships adds four bulkers to fleet with purchase and charter deals
    Norwegian owner has made its first move to exercise a purchase options on a leased bulk carrier
  • Adhira Shipping bags big lithium mining contract after management buy-out
    Dubai bulker company seals deal with Moonbound Mining in South Africa
  • Sovcomflot crew save seafarers from sinking tanker off Yemen
    Sanctioned Russian company says seafarers were picked up from life raft after vessel abandoned
  • 'Substantial amounts of money': Evangelos Marinakis explains why he is bucking the trend in LNG
    This week's Streetwise takes a look at Evangelos Marinakis' star turn at Marine Money Week, and why a bet on gas is happening his way
  • Norwegian international registry pushes for growth after strong comeback
    Bergen-based open registry boasts a fleet of more than 700 ships after several years in the doldrums
  • Sovcomflot subsidiary hit by asset freeze in symbolic move from Japan
    Sun Ship Management has previously been targeted by US, EU, and UK regimes
  • Cedar LNG seals final investment decision on $4bn FLNG project
    Samsung Heavy Industries set to start work on a second LNG floater
  • Houthis fire 'new ballistic missile' at MSC ship in potential game-changing attack
    Militant group unveils fresh weapon as its assaults on world trade take fresh step
  • Chinese dry bulk newcomer mulls order for up to 30 newbuildings
    Beijing-based firm previously bought 10 resale ultramax newbuildings and one secondhand supramax
  • LNG market in 'fragile equilibrium', gas industry body says
    Number of sector participants growing and 'no longer a game' for only big companies
  • Maersk lays down $150,000 per day to charter newbuilding as boxship market burns bright
    No let-up in soaring container market forces Maersk to cough up for short-term fixture
  • $10bn tension: French shipowner flight risk rising as tonnage tax dragged into general election debate
    Reed Smith lawyers argue a quick gain from tax reform may prove elusive after election
  • Hafnia and Scorpio are set for 'stellar free cash flow yields', says Pareto
    Broker also initiated coverage of d'Amico International Shipping with a buy recommendation
  • Cleaned-up suezmaxes could push LR2s off rate rollercoaster, Gibson says
    UK broker says traditional divergence between crude and product markets in third quarter could intensify trend
  • SSY hires ex-Maersk Broker man to run new Japan office
    Shipbroker has been on a mission to build up its Japan presence with a focus on project business
  • Iran saves on VLCC storage costs with $660m of new tank facilities
    Storage complexes unveiled as part of $2bn revenue drive
  • Chinese giant Cosco explores first Japanese newbuilding order in two decades
    Shipping giant is said to be enquiring about at least 10 shipbuilding slots for capesize bulk carriers
  • Hapag-Lloyd pulls 'single largest lever' in decarbonisation drive as it teams with ZeroNorth
    Partnership launches 'digital solution' to navigate energy transition
  • Final investment decision secured for $4bn FLNG project
    Samsung Heavy Industries set to start work on a second LNG floater
  • Cleaned-up suezmaxes could push LR2s off rate rollercoaster, Gibsons says
    UK broker says traditional divergence between crude and product markets in third quarter could intensify trend
  • 'Overheated' capesize values make secondhand investments a risky bet, says Drewry
    Current pricing levels unlikely to generate enough investment returns, shipping consultancy claims
  • Master reports near miss in Gulf of Aden as Houthis keep up pressure on shipping
    Incident is latest in a string of attacks on shipping in the Gulf of Aden and southern Red Sea
  • TotalEnergies narrows shortlist for LNG bunker vessel newbuilding
    New entrants are taking an interest in emerging sector, but it comes at a price
  • Idan Ofer-backed 'zero emission' electric vessel completes first cargo delivery in Singapore
    The successful carriage 'showcases the immense potential of electric vessels for a cleaner maritime future'
  • John Fredriksen's Edda Wind raises $38m in private placement 'to explore further growth'
    Offshore wind operator says it wants to revitalise its liquidity position following operational setbacks
  • One centenary, two christenings and the fourth generation: John T Essberger celebrates 100 years in business
    Three generations of the von Rantzau-Essberger celebrate 100 years anniversary
  • Safety lapses uncovered on ship involved in Singapore's worst oil spill in over a decade
    Shipowner says it is working to rectify deficiencies found in wake of collision with bunker tanker

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American Shipper web site
JUNE 26, 2024
  • 20 of world's biggest companies collaborate to modernize bar code
    As the bar code turns 50, many large companies are working with GS1 US to create a more effective product code process, which may result in switching from bar codes to QR codes.

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FROM THE HOME PAGE
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
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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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