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February 29, 2024

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Exim India web site
FEBRUARY 29, 2024
  • PM lays foundation stone and dedicates to nation multiple development projects in Thoothukudi
  • Unmesh Sharad Wagh, Chairman I/C, JNPA to grace CONquest 2024 in New Delhi next week
  • YOU ASK.. WE ANSWER...
  • Tripura to be the gateway to SE Asia via Chittagong Port: CM
  • Coal Logistics Plan & Policy to be launched today
  • Red Sea disruptions seen continuing into second half of 2024
  • US FMC publishes final rule on detention and demurrage billing practices

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International Transport Journal web site
FEBRUARY 29, 2024
  • Automotive focus
  • Intermodal service Alsace - Belgium launched
  • Codognotto conquers Dubai
  • Economic waves hit Hamburg port
  • Röhlig: financial success in 2023
  • Encouraging results for sustainability efforts
  • Two new gateways for groupage deliveries
  • Mycrane goes for growth in the USA
  • Unity in shipping renewed until 2032
  • Aramex gets a tech update
  • Less CO2, more capacity, reliable transit times
  • In-house news from the ITJ
  • Changes within the Stef group
  • "Curiosity of the Day"
  • Bilbao Port at Empack
  • 50,000,000 shipments cleared in three years
  • Handing over a Hesse hub
  • Up to 15% less fuel

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The Loadstar web site
FEBRUARY 28, 2024
  • Ocean carriers pile on capacity and dominate intra-Europe shortsea market
  • DHL break-up; M�rsk spin-offs; 'forwarder + integrator' - or not...
  • Land grab from DP World terminal costs Belgian port €41.3m in fines
  • Box lines in legal battle with South Korea's antitrust body over fines
  • Bolloré's contract logistics arm buys French pharma specialist SLS
  • As Amazon fails to deliver and freighters return, ATSG sees profits tumble
  • World Group's Joey Palmer and Duncan Wright move up as co-CEOs
  • DSV - the race to the bottom
  • Boardroom battle at Norfolk Southern heats up as rail regulators weigh in
  • Nabil Sultan moves to pax as Emirates SkyCargo sees team changes

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Marine Log web site
FEBRUARY 28, 2024
  • USCG won't enforce controversial CARB CHC regulation
    The California Air Resources Board (CARB) continues to get push back on a commercial harbor craft (CHC) regulation slammed as "unworkable" and "deeply flawed" by the American Waterways Operators (AWO), even before
  • Floating wind MFSV design gets ClassNK approval
    After SOVs and CSOVs, here comes a new category of offshore wind service vessel. ClassNK has awarded an approval in principle (AiP) for the design of a multi-functional floating offshore wind farm
  • EPA launches new $3 billion Clean Ports Program
    The U.S. Environmental Protection Agency today launched the $3 billion Clean Ports Program to fund zero-emission port equipment and infrastructure to tackle the climate crisis and improve air quality at U.S. ports
  • C-Innovation selected to support new Titanic expedition
    RMS Titanic Inc., the company that holds the salvage rights to the RMS Titanic wreck, has selected Edison Chouest Offshore associate C-Innovation to support its 2024 imaging and research expedition. Scheduled for

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Container News web site
FEBRUARY 28, 2024
  • Port of Melbourne handles nearly 270,000 TEUs in January
    The Port of Melbourne reported an increase in total container throughput for January 2024 compared to the same month last year, totalling 269,044 TEUs. Full container imports (excluding Bass Strait) showed growth from the previous year with higher volumes observed in furniture, metal manufactures, domestic appliances, and paperboard. However, full container exports (excluding Bass Strait) saw a d
  • The Mission to Seafarers appoints new Secretary General
    The Mission to Seafarers (MtS) has revealed that Peter Rouch will assume the position of Secretary General. Peter Rouch will take the duties from Andrew Wright, who is set to retire from the position in September after nearly twelve years of service as the organization's leader. "I am very grateful indeed to have been invited to become Secretary General of The Mission to Seafarers. It is a charit
  • Port of Hamburg sees declined container traffic in 2023
    In 2023, the terminals in the Port of Hamburg handled a total of 114.3 million tonnes of goods with seaborne cargo throughput 4.7% below the level of the previous year. At the same time, container throughput amounted to 7.7 million TEUs, decreasing by 6.9%. Despite the overall decline in cargo throughput, hinterland traffic to and from the German port remained relatively resilient in 2023. Record
  • Fundación Valenciaport's study advances ammonia as ship fuel
    Fundación Valenciaport has initiated a study titled 'Investigating the Safety of Ammonia as Fuel on Ships' aiming to establish the foundations for utilizing ammonia as a ship fuel. The study will encompass methodologies, safety assessments, and reliability analyses, along with the development of technical guidance to promote standardization within the port logistics sector. Specifically, the proj
  • Top 10 Shipowning Nations
    VesselsValue unveils this year's top 10 shipowning nations, reviewing the total asset values for vessels by beneficial owner country. From Japan's resolute leadership in the top position with a US$206.3 billion fleet to the emergence of Hong Kong at US$44.7 billion, asset values and ownership strategies have changed considerably over the last 12 months. Japan Japan continues to lead, taking numbe
  • New container line starts operations in Saudi Arabia
    A new shipping company has started operations in Saudi Arabia, called Folk Maritime, offering feeder vessel services and short-sea transportation solutions. Poul Hestbaek is the first chief executive officer (CEO) of Folk Maritime. Hestbaek is a former CEO of Maersk-owned box line Hamburg Süd and left the Danish shipping giant in August 2023. The new box carrier is expected to provi
  • DNV and zero44 forge partnership for EU ETS compliance
    zero44, a software start-up focused on decarbonization, has teamed up with DNV's Veracity maritime cloud platform to jointly assist clients in managing compliance with the European Union Emission Trading System (EU ETS). The software of zero44 is specifically tailored to Greenhouse Gas Emission (GHG) regulations, offering functionalities for overseeing EU ETS obligations by monitoring allowances
  • Red Sea crisis sees more vessels serving intra-Europe
    Intra-Europe container shipping capacity has gone up nearly 18% year-on-year, as the Red Sea crisis results in more feedering and larger ships being assigned to this segment, according to Alphaliner. There are now more than 170,000 TEUs serving the intra-Europe market, as the number of ships in this segment increased from 581 to 645. In the past year, the average size of a container ship operatin
  • Portsmouth International Port selects ABB's shore connection solution
    ABB, a technology leader in electrification and automation, has secured an order from Portsmouth International Port for a shore connection solution for ferries and cruise ships visiting the port. As part of the port's Sea Change project, aimed at implementing a shore power system across its three busiest berths, the installation will cater to two ferry berths, each equipped with five connection p
  • OOCL, Sumitomo Corporation launch refrigerated ocean transportation service utilizing electric field technology
    Tokyo-headquartered electric services company Sumitomo Corporation and Hong Kong-based container carrier Orient Overseas Container Line (OOCL) signed a business alliance agreement, aiming to offer refrigerated ocean transport services utilizing electric field technology, ensuring the preservation of freshness of various commercial products. According to the announcement, the international transpo
  • APM Terminals invests US$1 million in electric vehicle fleet upgrade
    APM Terminals has announced a significant advancement in its terminal operations fleet by transitioning to electric vehicles (EVs). With an investment of nearly US$1 million, the terminal has replaced 28 internal combustion engine vehicles with brand-new, all-electric Volkswagen ID.4s. This shift towards electrification of its passenger vehicle fleet reflects Pier 400's dedication to aligning its
  • Cargo volumes in Red Sea drop significantly due to vessel attacks
    "During the first seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and Red Sea declined 21% y/y. The number of ships arriving in these ports significantly declined as merchant shipping increasingly avoided transiting through the region due to concerns over attacks on ships by the Houthis," stated Niels Rasmussen, chief shipping analyst at BIMCO. Since November 2023, Houthi
  • Koerschulte Group launches Germany's first automated drone delivery service
    On Wednesday, 21 February 2024, the Koerschulte Group launched Germany's inaugural fully automated drone delivery service in Lüdenscheid. This innovative venture, supported by HHLA Sky, a subsidiary of Hamburger Hafen und Logistik AG (HHLA), oversees flight operations from its own integrated drone control centre. After two years of intensive development, the first commercial drone delivery airlin

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Splash web site
FEBRUARY 28, 2024
  • DHT orders four VLCC newbuilds from South Korea
    New York-listed tanker giant DHT Holdings has entered into agreements to build four very large crude carriers (VLCCs) in South Korea with delivery expected between April and December 2026. Two will be constructed at Hyundai Samho Heavy Industries while the other two will be built by Hanwha Ocean, both in South Korea. The average price for the ...
  • Mission to Seafarers elects new secretary general
    The Mission to Seafarers, a Christian maritime welfare charity, has announced that its new secretary general will be Peter Rouch. Rouch will succeed Revd Canon Andrew Wright who will retire from the role in September this year after almost 12 years at the helm of the organisation. The new secretary general will join the Mission ...
  • Avance Gas seals one-year fixture for dual-fuel VLGC
    Oslo-listed very large gas carrier (VLGC) specialist Avance Gas has struck a new one-year charter with an energy major for its LPG dual fuel . The 2022-built 91,000 cu m ship has been on a two-year variable time charter with TotalEnergies since delivery. The new contract will start at the end of February in direct ...
  • DeepOcean awarded Equinor pipeline survey contract
    Norwegian ocean services provider DeepOcean has secured a survey contract from Equinor on the operator's gas pipelines in the North Sea. Under the contract, valid for 2024, DeepOcean's scope of work covers pipeline inspections, seabed mapping, and ad-hoc pipeline survey and light construction work. The latest deal with an undisclosed value is an additional award ...
  • Missiles hit stranded Turkish ship in Ukraine
    A Turkey-flagged general cargo vessel, that has been stranded for more than two years in Ukraine was struck by missiles in the port of Kherson. The missiles, likely launched by Russian forces, rocked the 1990-built owned by the Istanbul-based Kuruoglu Denizcilik while moored at the port. The 7,634 dwt vessel arrived in Kherson on February ...
  • Eastern Pacific uses up options for LNG dual-fuel tankers and ammonia-powered bulkers
    Singapore-based Eastern Pacific Shipping (EPS) has placed an order for two LNG dual-fuel oil tankers and four ammonia dual-fuel bulkers with Chinese shipyards. The Idan Ofer-controlled diversified shipowner ordered two 111,000 dwt LNG dual-fuel LR2 product tankers from CSSC Guangzhou Shipbuilding International (GSI). In June last year, the company ordered two such vessels from the ...
  • Jumbo and SAL welcome Intermarine into heavy lift alliance
    Dutch maritime heavy lift transport and engineering contractor Jumbo Shipping and German breakbulk and project cargo specialist SAL Heavy Lift have formed a new joint venture with liner operator Intermarine. Jumbo and SAL Heavy Lift have already been partners in the Jumbo-SAL-Alliance since 2021. From March 1, Intermarine will join the now named JSI Alliance ...
  • Port of Antwerp-Bruges to pay more than $44m in DP World concession dispute
    The port of Antwerp-Bruges will have to pay €41.3m ($44.7m) plus costs and interest to DP World under a ruling in an arbitration case at the International Centre for Settlement of Investment Disputes (ICSID). The record fine, which could ultimately amount to up to €100m, is the conclusion of a seven-year concession dispute at the ...
  • Esvagt forges Korean offshore wind partnership with KMC Line
    Danish offshore shipping player Esvagt is entering the Korean offshore wind market through a tie-up with domestic shipping company, KMC Line. The two companies have signed a letter of intent to work together in unlocking the potential for renewable energy production in Korea. The deal was penned in the presence of the Korean ambassador in ...
  • Gulf Marine Services clinches new vessel deal and a contract extension
    London-listed liftboat operator Gulf Marine Services (GMS) has signed a contract extension for one of its vessels currently operational in the Middle East and received a letter of award for another vessel operating in the same region. These two awards span a combined period of 5.2 years and the total company's backlog has now reached ...
  • Tobago oil slick spreads more than 800 km west
    Heavy fuel bunker oil leaking from a mysterious 48-year-old capsized barge off the coast of Tobago has spread hundreds of kilometres west to reach the east coast of the Dutch Caribbean island of Bonaire, while authorities in Aruba, another Dutch island, are on alert for the slick washing up on their shoreline too. Officials on ...
  • RWE forms offshore wind fleet servicing team
    German utility RWE has decided to establish an initial 30-person dedicated fleet servicing team for the UK and Germany to support its growing international offshore wind fleet. Initially focused on five operational projects off the UK and German coasts, the team will secure new, long-term jobs, and have the potential to grow further in line ...
  • China, Japan and Greece in a league of their own in latest shipowning charts
    Which nation has the world's most valuable commercial fleet? Two of shipping's best-known data providers cannot agree. VesselsValue yesterday unveiled its top 10 shipowning nations, reviewing the total asset values for vessels by beneficial owner country. Japan was at the top of the league, its fleet growing in price by 5% over the past four ...
  • Indian-classed fleet more than doubles since Putin's full-scale invasion of Ukraine
    In the two years since Russia's full-scale invasion of Ukraine, the number of ships classified as shadow or dark has leapt, and Western service providers have pulled back from working with a significant tranche of the merchant fleet for fear of being hit by sanctions. However, the total amount of ships classified by members of ...
  • Shipping's largest, most fragmented sector faces up to consolidation realities
    Shipping's largest sector - dry bulk - has experienced some very significant merger moves in recent months, which many believe is just the start of a period of consolidation for the highly fragmented industry. Analysis of dry bulk mergers as an ongoing trend forms the lead for the February issue of Splash Extra, our subscription-based ...
  • Dry bulk seen entering period of consolidation
    Shipping's largest sector - dry bulk - has experienced some very significant merger moves in recent months, which many believe is just the start of a period of consolidation for the highly fragmented industry. Dry bulk remains the least consolidated of all the merchant shipping segments, with the largest listed dry bulk concerns having no ...
  • You'll be paying for all this maritime tech consolidation
    We've been covering the consolidation within the maritime tech space closely over the past 18 months. While many have been saying it is much needed to make more uniform, standard offerings, the end customer might question this when the dust settles and bills rise. The past few years have seen an over-saturation of platforms and ...
  • February 2024 Review
    The Houthis continued to hound merchant ships in the Red Sea and the Gulf of Aden, getting better with their target practice. Close to 60 ships have now been targeted since October. The European Union agreed to send a naval group to the area. An Egyptian former employee shot three people dead before killing himself ...
  • Tankers: What goes up can still go up
    Against the backdrop of war in Ukraine and Gaza, ship operators have so far this year benefited from rising freight rates, though disruption and uncertainty also bring an enhanced element of volatility to the markets. Despite punitive responses from the US and allied navies, Houthi groups in Yemen say they will continue to attack international ...
  • Auspicious signs for dry cargo in the Year of the Dragon
    The Lunar New Year holiday bit into chartering activity for the vital capesize segment, depressing the Baltic Dry Index from its January 1 level of 2,093 points to a low of 1,308 on January 17 since when it has risen 43% to 1,866 points. Charterers have been busy booking cargoes in all segments and on ...
  • Containerlines get no sympathy from shippers
    As Diana Shipping joined the list of operators avoiding the Red Sea, CMA CGM complained about how the conflict related revisions to schedules has forced up costs for liners such that inflated freight rates may not be high enough to run operations profitably when higher time charter, fuel and emissions costs are eating into margins. ...
  • Analyst Abstract
    Tankers It's been a very solid month for crude and product tankers with China noticeably back in big buying mode. Rates for multiple tanker classes are at highs not seen for many months. McQuilling's prevailing view for the crude tanker markets favours mid-sized tankers over VLCCs in 2024 as major VLCC hubs - Middle East ...
  • Buoyant bulkers lead the way
    A sign of a buoyant market is when secondhand prices edge closer - and occasionally surpass - newbuild prices. Witness the dark blue line jumping up close to the red newbuild line in the Clarkson chart below as evidence that shipping is very bullish about prospects in the Year of the Dragon, desperate to snaffle ...
  • The rise of the seaborne ammonia trades
    The global trade of ammonia is increasing every year with a rise in trade projected until at least the middle of the century. With ammonia becoming a more popular player in the energy and agricultural industry along with a role in decarbonisation efforts, maritime transport will have to follow suit with a much-needed spike in ...
  • How one maritime AI research project could cut 1% of total global emissions
    Sorry, what did you say? Bjørn Åge Hjøllo, chief sustainability officer at e-navigation specialist NAVTOR, smiles in recognition of the obvious disbelief. He tries again: "I said that this project has the potential to cut 1% of all global emissions." 1% of all shipping emissions? "No, 1% of total global emissions... for everything." This may ...

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Lloyd's List web site
FEBRUARY 28, 2024
  • Panama Canal auction costs more than double in February
    The average price to secure a neopanamax transit slot has more than doubled since the beginning of February to more...
  • US to invest $3bn in clean port infrastructure
    US EPA will make $3bn in funding opportunities available, $2.8bn of which directed to fund zero-emission port equipment and infrastructure...
  • DHT inks deals for $514m VLCC newbuilding quartet with options for four more
    New York-listed very large crude carrier pure play DHT Holdings has inked deals for four new VLCCs with Hyundai Samho...
  • CoolCo expects demand tailwinds as more LNG heads east in second half
    New York-listed CoolCo forecasts seasonal upswing in the second half of the year will be boosted by longer voyages as...
  • Wright to step down from Mission to Seafarers' top job
    Mission provides practical support in 200 ports across 50 countries
  • Marinakis inks new $1bn deal for LNG carriers
    Four 174,000 cu m vessels to be built by Hyundai Samho brings the number of new LNG carriers ordered by...
  • Dry bulk delight helps Golden Ocean to earnings beat
    Golden Ocean has reported strong fourth-quarter earnings amid a robust finish to the year in the dry bulk segment. The...
  • Swedbank signs up to Poseidon Principles
    Initiative designed to integrate climate considerations into ship finance decisions
  • Just one seafarer in eight on Chamber of Shipping vessels is UK national
    RMT union claims figures demonstrate 'super exploitation'
  • Stathes Kulukundis, 81, 'epitomised London Greek shipping community'
    During long career, R&K director 'added gravitas' to a host of organisations including Greek Shipping Co-operation Committee and International Chamber...
  • India wants to stamp out resurgent Somali piracy with new naval action mandate
    The nascent resurgence of Somali piracy represents a viable and imminent threat to freedom of navigation and commercial shipping, according...
  • Shipping 'bouncing in cash' but doesn't know where to invest
    Shipping has benefited from Red Sea disruption and geopolitical black swans but high asset values is making opportunities hard to...
  • Heightened security threat accepted norm for Ukraine's Black Sea traders
    A security threat is always present given the war, but those that ply the Black Sea route to and from...
  • Rubymar owners defy Houthi threats in final bid to save sinking bulker
    The heavily damaged, listing and leaking bulker Rubymar will be towed to either Aden or Jeddah, regardless of Houthi threats...
  • MISC gains from strong gas carrier and tanker markets
    MISC expects softer market conditions for the LNG sector in the near term due to firm fleet growth, while the group...
  • Yangzijiang Shipbuilding sees clear skies ahead after surging profits
    Alternative fuel shift is expected to anchor growth for Yangzijiang after a banner year
  • Chinese crane maker ZPMC appoints new chairman amid US cyber security accusations
    Leadership change comes as China-made cranes are being targeted by the US citing cyber security risks
  • Daily Briefing
    US courts Asian allies to rebuild shipbuilding prowess as China powers ahead | US sanctions two tankers linked to Iranian...

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The Journal of Commerce web site
FEBRUARY 28, 2024
  • APM looks to ease trucker woes over New Jersey terminal appointment system
    APM Terminals will make more slots available for retrieving import containers at its Port Elizabeth site as truckers say delays in booking appointments are worsening.
  • Cosco to partner in ONE's upcoming India-US East Coast WIN service: sources
    The move makes sense, according to a Mumbai-based source, as ONE needs a partner to fill space and Cosco needs a strong service out of India.
  • Carrier on-time service levels plummeted in January amid Red Sea crisis
    A drop in schedule reliability was expected on trade lanes such as Asia-Europe and Asia-US East Coast, but the diversions around southern Africa have also affected routes not directly connected to the Red Sea.
  • New Saudi feeder line to tap into Red Sea-driven changes in demand
    Folk Maritime's stated goal is to "fill an essential void" in the regional maritime market, with its launch coinciding with heavily disrupted container shipping flows.
  • RK Logistics joins wave of 'tuck-in' acquisitions to reach East Coast
    As California-based RK Logistics' high-tech customers move east to new markets, the logistics provider is following by buying New York-based On Time Trucking.

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TradeWinds web site
FEBRUARY 28, 2024
  • Intermarine joins Jumbo-SAL venture to forge 50-ship 'powerhouse'
    JSI Alliance combines three companies' commercial activities and fleet of multipurpose and heavylift vessels
  • Fixing shuttle tankers is more lucrative than selling them, KNOT Offshore boss Lowe says
    US-listed owner is trying to find new employment for vessels but has not ruled out disposals
  • Samudera Shipping's second-half profit slumps 77% on weaker liner market
    Singapore-listed shipowner continues to modernise and diversify fleet to improve competitiveness
  • Capesize spot rates and futures shoot up as the cargo just keeps coming
    Average daily spot rates are tantalisingly close to $30,000 for capesizes
  • Washington sanctions first shipowner for supporting Houthis since terrorist designation
    Vessel accused of ship-to-ship transfer with another sanctioned tanker
  • Anglo American's new capesize dual-fuelled fleet clocks up over 30 LNG bunkerings
    Global miner marks handover of final ship in pioneering 10-vessel order
  • Shipping banks with 'firepower' see lending opportunities coming
    Shipowners can get good loan conditions as lenders compete
  • Happy shareholders? Analysts wait to see how Hafnia will use huge upcoming profit
    Pareto Securities tipping big pay-outs for investors in booming product tanker markets
  • 'Critical' capacity issue: Italian navy tenders for tanker to store and ship fuel
    Vessel will operate for navy for a year, before ownership transfer
  • Trading giant Trafigura makes VLCC debut with order at Chinese yard
    Global commodities trader turns to large tanker shipyard newcomer Jiangsu New Hantong for first ships
  • CoolCo expects LNG charter market 'bounceback' as shipping distances lengthen
    Charterers starting to rethink their requirements on back of Panama and Suez Canal disruptions
  • DHT confirms Hanwha VLCC double and reveals Hyundai order in potential $1bn eight-ship splash
    US-listed owner goes for super-eco tankers at South Korean yards with contracts including four optional vessels
  • Shipping investors facing tough choices, says Borealis' Toepfer
    Time to be defensive, Marine Money panellists say
  • Alleged Iranian spy ship gets by with a little help from Djibouti
    The vessel said to be feeding Houthis intelligence made a slight detour this month
  • Golden Ocean primed to pounce on expected spot rate rise following 'tug of war' 2023
    Analysts have praised the shipowner's 'strong' level of forward coverage for this year so far
  • Avance Gas bets on spot market by stretching variable rate VLGC deal with TotalEnergies
    John Fredriksen company aims to profit from lower fuel consumption and cheaper LPG bunkers
  • Clyde & Co 'failed to join dots' to spot failures in dirty money checks
    Tribunal gives reasons for record fine for law firm's shortcomings in anti-money laundering procedures
  • Shipyards 'agree to disagree' in $8m patent dispute
    Dispute between ropax shipbuilders is understood to be related to the structural design of a ferry
  • Podcast: Chemship installs Econowind sails and Norsepower grows as wind becomes 'the technology of 2024'
    On board Chemical Challenger as four suction sails fitted to help reduce fuel bills and greenhouse emissions
  • Expectations muted for Frontline profit but first quarter is when full tanker power will be seen
    Analysts say the 24 VLCCs bought from Euronav should transform earnings this year
  • Procopiou's Sea Traders extends newbuilding run with bulker quartet
    Shipowner lifts kamsarmaxes on order at Hengli Heavy to 14
  • ATL bulker arrested in India for hitting German boxship off Istanbul
    In what some claim is a legal first, vessel is held over collision that occurred 5,800 km away
  • George Procopiou's Sea Traders extends newbuilding run with bulker quartet
    Shipowner lifts kamsarmaxes on order at Hengli Heavy to 14
  • Avenir LNG sees 'explosive' bunkering demand exceeding ship capacity in early 2025
    Company targets top spot in LNGBV operation
  • Red Sea disruption and crash payout powers Awilco LNG to record profit
    LNG carrier owner expects a better rate for its first open ship this year
  • Missiles strike and damage stranded cargo ship in Ukraine
    The 34-year-old general cargo ship has been immobilised in Kherson for two years
  • Swedbank joins Poseidon Principles reporting as green lending momentum grows
    Swedish lender becomes 35th bank in group aiming to decarbonise their portfolios
  • VLCC newbuilding price hits 'post financial-crisis high' as DHT breaks Hanwha Ocean drought
    Owner is said to have ordered up to four scrubber-fitted ships
  • Houthi attacks on Red Sea shipping force VLGCs back to Panama Canal
    Cost of auction slots has risen sharply in February but remains below the peak of late 2023
  • London Greek stalwart Stathes Kulukundis dies aged 81
    Scion of one of Greece's best-known shipping families was a long-standing member of the GSCC
  • Hoegh family pockets $100m after cashing in on rising Hoegh Autoliners stock
    Family keeps leading shareholding position even after selling 6% of all shares
  • Class NK software house NAPA on the hunt for new partnerships
    NAPA Studios to help companies seeking new ways to work collaboratively on decarbonisation challenges
  • Ex-Hamburg Sud boss Hestbaek launches Red Sea container line amid vessel exodus
    Folk Maritime starts feeder services at dangerous time for ships in the region
  • Class NK software house NAPA launches on the hunt for new partnerships
    NAPA Studios to help companies seeking new ways to work collaboratively on decarbonisation challenges
  • Hoegh LNG sold out on FSRUs but looking at new projects in 'strong' market
    Company nets short-term charter for its conversion candidate Hoegh Gandria
  • Red Sea disruption and crash pay-out powers Awilco LNG to record profit
    LNG carrier owner expects a better rate for its first open ship this year
  • Houthis release photos of stricken Rubymar as Greek bulker reports missile attack
    Damaged ship's broker says owner is examining how to fix breach in hull
  • Golden Ocean confirms vessel sale and sizes up its dividend
    Bulkier owner has raised more debt to fund capital expenditure and keep paying out to shareholders
  • CoolCo meets headwind for LNG newbuildings charters as annual figures soar
    Company logs its highest time charter equivalent level in fourth quarter
  • Saverys' CMB.Tech stacks giant bulker orderbook with ammonia-fuelled newbuilds
    Saverys-backed company brings newcastlemax orderbook at Qingdao Beihai to 26 ships
  • Jovo Energy expands LPG play with $180m S&P deal
    Two VLGCs acquired from Fortune Oil are just a part of Chinese trader's seaborne capacity expansion
  • Samudera Shipping's second half profit slumps 77% on weaker liner market
    Singapore-listed shipowner continues to modernize and diversify fleet to improve competitiveness
  • Favourable exchange rates and rise in shipbuilding revenue lifts Yangzijiang's net profit
    Higher value contracts see Chinese shipbuilder's revenue increase despite lower number of deliveries
  • ATL bulker arrested in India for bashing German boxship off Istanbul
    In what some claim is a legal first, vessel held over collision that took place outside of Indian jurisdiction
  • Greek shipowners still dominate Red Sea transits, Veson Nautical data shows
    But the make-up of users has changed
  • The flaws at the heart of Russian shipping sanctions
    Tightening the screw on tanker operators hauling Russian oil could trigger a new scramble for available tonnage
  • MOL reveals carbon capture and e-fuel re-export plan in Japan and Australia
    Japanese owner teaming up with big hitters for circular green shipping plan

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American Shipper web site
FEBRUARY 28, 2024
  • Freightos loses $19M, eyes profit breakthrough in late 2026
    Electronic freight booking and data company Freightos says a virtuous cycle of growth will enable it to become profitable within a few years.
  • OpenTug raises $3.1M to grow marine operator network
    Seattle-based OpenTug says it serviced over 3 million tons of marine cargo across 25,000 miles of U.S. marine highways in 2023.
  • Is Wall Street warming back up to containership line Zim?
    Spot rates are back above breakeven and Zim's costs are falling.
  • 25% more containers out of LA/Long Beach ports possible: ITS Logistics
    Multiple looming factors in maritime could impact the upcoming contract season, boosting capacity at the ports of Los Angeles and Long Beach.

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