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24 April 2025 - Year XXIX
Independent journal on economy and transport policy
21:18 GMT+2
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May 30, 2024

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Exim India web site
MAY 30, 2024
  • PSA Singapore & PIL successfully trial a low-carbon end-to-end shipment, furthering supply chain decarbonisation
  • India's cold chain sector poised for robust growth: Dr Surendra Ahirwar, Joint Secretary, DPIIT
  • Top Global Supply Chain Risks in 2024
  • CII elects new office-bearers for 2024-25
  • Passenger vehicle export share at 10-year low in 2023
  • Bulk carrier hit by missiles in Red Sea
  • A. P. Moller Capital, JSW Infra ink MoU to develop ports, logistics
  • YOU ASK.. WE ANSWER...

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International Transport Journal web site
MAY 30, 2024
  • Presented at a premiere in Premstätten
  • Militzer & Münch invests in Indonesia
  • Funding for Ukraine port cooperation
  • Aapa in April
  • Swedish intermodal service launched
  • Waberer's works to record revenue
  • Five new MDs for holding company
  • Egypt to host new green methanol facility
  • One million in a single month
  • 25 new trucks will cut CO2 by 79%
  • DHL enhances Leipzig location
  • AGS Airports picks COO
  • Partners for a green end-to-end supply chain
  • "Curiosity of the Day"
  • How to capture more e-commerce volumes
  • US forwarder augments hub network
  • A takeover in furniture logistics
  • Two promotions at Hok
  • AAT acquires Melbourne ro-ro terminal

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The Loadstar web site
MAY 29, 2024
  • Exclusive: Atlas to end Amazon flying after 'woefully' low utilisation
  • Call to end the 'alarming rise' in seafarer abandonment
  • Shippers should expect more Asia-Europe blanked sailings as rates rise
  • Transpacific trade - follow my lead
  • New FMC rules on detention and demurrage come into force
  • Analysis: What sets Mainfreight apart
  • Asian exports to Latin America buffer impact of capacity expansion on pricing
  • Antong to boost box fleet and enter car-carrying arena with double acquisition
  • More links with China no compensation for Russian Railways' lost traffic
  • Royal Mail sale agreed by parent IDS, but it's not a done deal yet
  • Can box ships get bigger - are there stacks of ideas on how?

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Marine Log web site
MAY 29, 2024
  • GAO: Design instability has stalled Constellation-class frigate construction
    In a report prepared for the House Committee on Armed Services, the U.S. Government Accountability Office (GAO) says that the Navy's lead Constellation class guided missile class frigate is forecast to be
  • Bulker survives multiple missile strikes as Houthi attacks mount
    Shipowners and charterers who are averse to taking calculated risks with their ships, cargo and crew may have to divert even further to avoid Houthi attacks. Yesterday came news that a Greek-owned

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Container News web site
MAY 29, 2024
  • 2M alliance changes California terminal on Transpacific service
    2M alliance has announced a terminal change on its TP 8/Orient service, a Transpacific service connecting Asia and the United States West Coast. As of 5 July 2024, beginning with the vessel Maersk Shivling voyage 424, the service operated by Maersk and MSC will operate in Los Angeles (Pier 400) instead of Long Beach (Pier T). "There will be no changes to transit times as a result of the new termi
  • Rates climb on early peak season and capacity stretched thin
    Carrier adjustments due to Red Sea diversions - the use of more vessels travelling at faster speeds, together with heavier reliance on transshipment - for the most part succeeded in keeping containers moving on schedule through March and April. But alongside the success were gradual signs that carriers were falling behind: pockets of congestion, increases in port omissions, delays and missed depa
  • DHL expands Germany's campus with new logistics centre
    DHL Supply Chain is expanding its multi-user campus in Leipzig/Halle with the construction of a new logistics centre, which will offer 34,000 square meters of space and accommodate up to 55,000 pallets. The facility's construction is expected to take about ten months. The topping-out ceremony for the new logistics centre in Halle (Saale), Germany was attended by key figures from DHL Supply Chain
  • Autonomous terminal tractor testing begins at Sweden's port
    In collaboration with Terberg Special Vehicles and EasyMile, the Port of Helsingborg is pioneering the Autonomous Terminal Tractor Test. This initiative involves testing a driverless vehicle in the Swedish port's container terminal. Initially, the tests will be conducted outside of regular operations, with plans to integrate live testing during peak operations by autumn. The primary aim is to ass
  • COSCO secures first full-container industry chain transformation finance project
    COSCO SHIPPING Development and Standard Chartered Bank (China) Limited have entered into a framework agreement focussed on transforming the container industry chain and fostering sustainable finance, which includes a committed credit line of CN¥3 billion (US$400 million). The signing of this cooperation agreement is expected to enhance ongoing information exchange between the two organizations at
  • Kuehne+Nagel opens new facility in Texas
    Global logistics company Kuehne+Nagel has announced the opening of a new facility in El Paso, Texas, US. This new, larger site spans 33,730 m² and consolidates four warehouses from across the border into a single location. As global firms increase investments in Mexico due to the rising trend of nearshoring, Kuehne+Nagel is establishing this site to support customers in redesigning their supply c
  • Hutchison Port Holdings Trust, Beibu Gulf Port Group ink cooperation agreement
    Hutchison Port Holdings Trust (HPH Trust) and Guangxi Beibu Gulf International Port Group Company Limited (Beibu Gulf Port Group) have signed a memorandum of cooperation, marking a step towards strengthening collaboration across ports and logistics sectors, while promoting economic and trade exchanges between Guangxi and Hong Kong. This partnership is set to expedite the growth of the Guangdong-H
  • Florida's SeaPort Manatee orders Konecranes equipment
    SeaPort Manatee will bring extra capacity to container and general cargo handling at their operations in Tampa Bay, Florida with two Konecranes Gottwald ESP.7 Mobile Harbor Cranes. After the port ordered the first crane in the first quarter of 2024, it quickly decided to take a second optional crane at the beginning of the second quarter to keep up with fast-growing demand. Both cranes will be de
  • MSC announces new freight rates from North Europe to North Med
    MSC has announced the following freight rates effective from 1 July 2024 (gate-in date) until further notice for all dry cargo from North Europe (NWC, Scandinavia, Baltic) to the North Mediterranean, including Turkey, Greece and the Black Sea. All prices are in euros Port of loading Port of discharge Commodity 20 DV 40 DV-HC New Base rate 20 DV Former Base rate 20 DV Delta New Base rate 40 DV-HC
  • Megamax fleet now forms half of global boxship fleet
    The number of ships of 18,000 TEUs and above has exceeded 4 million TEUs, due to substantial orders during the Covid boom, according to Alphaliner's report. At 4.1 million TEUs, these large ships, termed megamaxes, now account for more than half of the container shipping capacity of 7.2 million TEUs. The first megamax ship was the 18,340 TEU Maersk McKinney Moller, which entered service in 2013.
  • RoadOne IntermodaLogistics invests in new facility near Port of Charleston
    RoadOne IntermodaLogistics, a provider of intermodal, warehouse and logistics services, announces a significant investment in a new distribution and transload facility near the Port of Charleston in Summerville, South Carolina. Spanning nearly 405,000 m², this site will be developed in two phases. Phase one will introduce a cutting-edge facility covering 35,800 m² and 52,600 m² of designated trai
  • Ossontrustgroup.com Review: Low Dormancy's Vital Role in Osson Trust Group's Expansion
    While molding a trade site for Osson Trust Group, low inertia has become critical to ease off financial activities. It is major for conveying an extremely speedy, valuable, and solid business experience to clients on the exchange site. It requires vigilant preparation, foundation improvement, and noteworthy advancements to accomplish ideal execution. Concerning the monetary business region, parti
  • Ellerman City Liners launches new China-Morocco-UK service
    Ellerman City Liners, a UK shipping company, has announced a new container service connecting China with the United Kingdom and Europe. The ocean carrier will deploy two vessels, Cape Hellas and Buxfavourite, calling at Ningbo (China), Da Chan Bay (China), Casablanca (Morocco) and Tilbury (UK). "Comprehensive service options and seamless connections are also offered to major European ports includ
  • Port of New Orleans appoints new acting president and CEO
    The Board of Commissioners of the Port of New Orleans (Port NOLA) has formally confirmed that Ronald J. Wendel Jr., currently serving as Port NOLA's executive vice president and chief financial officer, will be acting president and CEO of Port NOLA and acting CEO of New Orleans Public Belt Railroad (NOPB), a Class III railroad and a subsidiary of Port NOLA. Wendel will assume his new roles in Jun
  • TT Club urges better inventory management to cut supply chain risks
    TT Club, a specialist liability insurance provider for the international freight and logistics industry, emphasizes that focusing on often overlooked aspects of supply chain operations can significantly mitigate risks in the processes. Effective control of systemic stockholding, order flow, and other inventory management processes is essential, according to TT Club. Analyzing past claims related
  • CNC commences new service between Japan and Indonesia
    CNC will be launching the new weekly Japan Indonesia (JPI) service on 1 June to offer direct access to Indonesia from five main Japanese ports in Tokyo, Yokohama, Shimizu, Nagoya and Kobe. "By opening a direct route to Jakarta and Surabaya, Indonesia's two largest seaports, JPI provides enhanced coverage and connectivity to the growing demand for reliable freight transportation between Japan and
  • PSA and PIL complete first low-carbon shipment trial
    PSA Singapore and Pacific International Lines (PIL) have successfully completed their inaugural trial of low-carbon green shipments, aiming to create a more sustainable end-to-end supply chain ecosystem. This pilot trial stems from a Memorandum of Understanding signed in October last year between the two long-time partners, focusing on green and sustainability solutions to decarbonize supply chai
  • Singapore congestion reaches 2 million TEUs
    Congestion at the port of Singapore has reached 2 million TEUs, according to consultancy Linerlytica, which has said that equipment shortages and a lack of tonnage had conspired to raise the spectre of cargo delays and high freight rates as seen during the pandemic. The spike in congestion at the world's second-busiest container port in Singapore has seen carriers prolong charter agreements and o

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Splash web site
MAY 29, 2024
  • Subsea 7 scores Petrobras contract worth more than $1.25bn
    Subsea 7 has landed what it describes as a "super-major" contract worth over $1.25bn with Brazil's Petrobras. The deal will see the Oslo-listed offshore services player work on the Búzios 9 field development, located some 180 km off the coast of Rio de Janeiro in the pre-salt Santos basin. The work scope includes engineering, procurement, ...
  • Cyan Renewables partners with South Korean CTV player DRS KWP
    Singapore-based offshore wind vessel player Cyan Renewables has partnered up with South Korean crew transfer vessel operator DRS KWP for future offshore wind operations and maintenance tenders in the country. The subsidiaries of Seraya Partners and Dae-Ryuk Shipping (DRS) have signed a memorandum of understanding under which DRS KWP will be focusing on providing CTVs ...
  • ADNOC lines up LNG carrier newbuilds at South Korean yards
    ADNOC Logistics & Services (ADNOC L&S) has sealed a deal to boost its LNG carrier fleet with at least six more newbuilds. The shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC) has inked letters of intent with Samsung Heavy Industries and Hanwha Ocean for three ships each, valued in total at ...
  • Yinson Production issues over $1bn in notes to refinance FPSO Anna Nery
    Singapore-based Yinson Production has announced a successful pricing of $1.035bn in senior secured notes issued by Yinson Boronia Production, the owner and operator of the FPSO Anna Nery. The unit will work for Petrobras under a 25-year contract in the Marlim field offshore Brazil. Yinson Production holds 75% while Sumitomo holds the remaining 25% of ...
  • Tsao rebrands IMC
    One of the grand old names of Asian shipowning has had a rebrand, harking back to its origins. Frederick Tsao-led IMC Pan Asia Alliance has become TPC (Tsao Pao Chee). The name is the original trade name of the Tsao family business, which dates back to the late 1800s, during the Qing dynasty. It has ...
  • Lars-Christian Svensen steps down as Golden Ocean CEO
    Lars-Christian Svensen is stepping down as chief executive of John Fredriksen-backed dry bulk player Golden Ocean Group. Svensen, who stepped up in June last year to become interim head before taking a permanent position in January, has decided to seek new opportunities, Golden Ocean said in a filing Wednesday, adding that he would be available ...
  • New container terminal slated for Delaware
    The state of Delaware is to get a new container terminal. Enstructure, the company running the port of Wilmington, has teamed up with the state to develop a site at a former refinery in Edgemoor along the Delaware river. The $635m planned terminal will take about three years to build its first phase which will ...
  • Ukraine gets plugged back into the global container trades
    Ukraine is being plugged back into the global container trades. After more than 800 days since Russia embarked on its full-scale invasion of its neighbour, global carriers are making a return to Ukraine, even as the nation's ports remain under attack. German carrier Hapag-Lloyd this weekend becomes the first mainline operator to start offering containerised ...
  • MSC presses on with Gram Car Carriers takeover
    Mediterranean Shipping Co (MSC) has moved closer to taking over Norway's Gram Car Carriers (GCC), with the largest shareholders agreeing to the deal. The Swiss-based liner giant officially launched a voluntary cash offer of NOK263.69 per share via its subsidiary SAS Shipping Agencies Services earlier this week. The deal values Gram at about $700m. F. ...
  • Ørsted settles cancellation of two New Jersey offshore wind projects for $125m
    New Jersey Governor Phil Murphy has announced that a settlement was reached between state agencies and Danish offshore wind developer Ørsted over two cancelled offshore wind projects in the state. Ørsted said last October that it decided to cease the development of its Ocean Wind 1 and 2 projects as a consequence of additional supplier ...
  • Ellerman brand resumes Asia-Europe sailings amid box boom
    There's been plenty of reporting on how today's sky-high liner earnings mirror the covid era. Container shipping spot rates have leapt dramatically in May to all-time highs - outside of the pandemic period - with many analysts noting the similar conditions, namely a sudden jump in demand, leading to a constrained fleet, then leading to ...
  • Noble wins UK North Sea well intervention work for jackup
    Offshore drilling giant Noble Corporation has won a rig contract for well intervention from Harbour Energy in the UK part of the North Sea. Harbour Energy hired the Noble Resilient jackup for a well intervention campaign which would last between 30 and 70 days with an estimated start in July 2024. This contract will start ...
  • Geologic hydrogen's potential impact on shipping analysed
    "Maybe this will crash the wifi network, but I would encourage people to pull out their phones and Google geologic hydrogen." Hamish Norton, speaking at this month's Geneva Dry conference, gave the five-star Hotel President Wilson's internet offering a test by delving into a subject that has not been discussed too much at shipping events ...
  • Big names in shipping sign up for AI joint venture
    Hafnia and Símbolo have added four more shipping partners to their foundational AI joint venture called Complexio. Shipping companies Marfin Management, C Transport Maritime, Trans Sea Transport and BW Epic Kosan have all begun the process of ingesting and mapping their data with Complexio. Foundational AI's main focus is to enable human-machine collaboration by connecting ...
  • Noon reports get the digital treatment
    Noon reports, the data sheets prepared by a ship's chief engineer on a daily basis, are set to go digital. The Smart Maritime Council has released Version 1.0 of the Standardised Vessel Dataset (SVD) for noon reports, featuring a host of updates and refinements following the completion of a 12-month consultation process involving BIMCO and ...
  • How vast untapped resources of hydrogen could change shipping
    Hydrogen has long been claimed as one of several possible energy sources that might play a pivotal role in the energy transition, but the scarce element comes with a carbon footprint that does not justify the cost of producing it. Nearly all hydrogen is currently produced as grey using fossil fuels, which emit significant amounts ...
  • In a galaxy far, far away
    A good headline, a concise, clear opening couple of lines and a punchy quote will get you a long way from my inbox onto a headline in Splash. Better still, a decent picture really does help sell a story. However, while I used to be a fan of them in the past, I am getting ...
  • May 2024 Review
    The Houthis continued their strikes on merchant ships, often targeting vessels much further away from their coastline than in the past with threats made to spread their attacks into the eastern Mediterranean. May also Houthi strikes at merchant shipping surpass the 100-vessel mark. The Dali, the containership that caused the Francis Scott Key Bridge collapse ...
  • Up and away in May for tankers
    Saudi Aramco published its Q1 2024 results which showed net income down to $27.3bn from $31.9bn a year earlier. Aramco is investing mostly in gas, renewables and downstream as Saudi Arabia tries to reorientate its national budget away from oil revenues. Despite Saudi Arabia's efforts to reduce OPEC output to support oil prices, the rise ...
  • Beijing opens cash reserves to the relief of dry bulk owners
    Back in 2008 as the global financial crisis gripped the world, China's government announced a vast RMB4trn ($586bn) stimulus package, aiming the money at infrastructure spending on items like railways and airports. The announcement came as China's president Hu Jintao set off to meet US president George W Bush for a summit, and after he ...
  • An early container peak season
    Hapag-Lloyd has increased the lower end of its profits forecast for 2024 to a range of $2.2bn to $3.3bn, its previous forecast being a range of $1.1bn to $3.3bn. Its first quarter revenues were $4.6 bn with profits of $325m, compared to $6bn and $2bn a year earlier. The increased profits forecast is a corollary ...
  • Analyst Abstract
    Dry Bulk There are tectonic shifts in Atlantic capesize trading patterns. Since 2015, capesize demand in the Atlantic basin during the first four months of the year has shot up 62% whereas in the Pacific and Indian basins, demand is up 7% and 5% respectively, according to data from Arrow. Brazil and Guinea have been ...
  • Sales slow ahead of Posidonia
    "Knives are being being sharpened for the Posidonia fatted calf and focus is clearly elsewhere for now," says one Asia-based broker on today's S&P markets. The volume of transactions has clearly slumped in recent days, as evidenced in the VesselsValue chart below. "No doubt we'll see some big headlines following the orgy, but for now ...
  • Seafarers face the brunt of the drug cartels
    Crews calling South American ports are facing jail time over unfairly being linked to cocaine shipments. Splash Extra investigates what can be done to protect vessels while calling in the continent. During a session at the inaugural Geneva Dry, an unusual topic surfaced during the discussion - drug trafficking on ships exporting agri-commodities from South ...
  • The future of FFAs
    It's no exaggeration to describe Philippe van den Abeele as the godfather of freight derivatives. There's no one more famous - or long serving - when it comes to the subject of forward freight agreements. Van den Abeele was in his element at this month's Geneva Dry conference, firing more questions and comments from the ...
  • Key Shipping Statistics
  • Why I'm optimistic about the next generation taking the helm
    As the academic year draws to a close, a new influx of graduates and school leavers will enter an increasingly competitive job market. Attracting new entrants to the diverse range of jobs across shipping is a constant challenge, in part because those outside of the industry have rarely been encouraged to look at a shipping ...
  • Pros and cons in the big is better shipmanagement debate
    Not everyone is convinced that mergers make for a better client experience. The latest excerpt from our brand new shipmanagement magazine. Shipmanagement as a sector of shipping has been going through its own fair share of consolidation, something most polled for this magazine believe is a trend that will continue. There are, however, many managers ...

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Lloyd's List web site
MAY 29, 2024
  • Insurers update Lloyd's Open Form to arrest dwindling use, cut costs
    Supplementing the new contract is a 'default' clause agreed between shipowners and insurers that can be inserted into policies from...
  • Bulker took five missile hits as Houthis claim responsibility
    The Iran-backed rebel group also claimed to have attacked several other vessels in the Red Sea and the Mediterranean, although...
  • Merged NorthStandard performance 'surpasses expectations'
    'Twelve months ago, we would have bitten your hand off for this set of results,' says Jennings
  • X-Press taps CSSC yard for methanol-ready 11,000 teu quartet
    Singapore-headquartered owner and operator boosted the size of the ships it has ordered
  • Week in charts: Transatlantic is left out of spot rate rally | Military drills test nerves| IRS chief defends classing Russia-trading dark tankers
    Spot rates for US containerised imports from Europe are falling far behind rates from Asia, China military drills around Taiwan...
  • Boxship charter market booms as supply remains tight
    The early peak season has caught carriers by surprise. Tonnage providers are reaping the benefits
  • China Merchants to spin off boxship and ro-ro units
    The spin-off is still subject to approvals from shareholders and regulators, with no specific timelines outlined at this stage
  • Ukraine comes in from the cold
    Ukraine's ports have been severely damaged by Russian attacks. But with post-war European integration on the cards, steps are being...
  • Golden Ocean chief steps down less than a year into role
    Svensen will stay until September, when he will be replaced by the company's chief financial officer
  • Daily Briefing
    IRS chief defends classing Russia-trading dark tankers as fleet doubles | UK targets use of escrow agents in dark fleet...
  • Asian shipowners put spotlight on Red Sea threats at Hong Kong gathering
    'Seafarers are innocent, and shipping is innocent and we should not be targeted in this indiscriminate manner,' IMO secretary-general Arsenio...

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The Journal of Commerce web site
MAY 29, 2024
  • CMA CGM pays $1.9 million to settle FMC finding over billing action
    FMC investigators found the carrier "overbroadly defined and applied" the merchant clause in its bill of lading to a third party "who should not have been billed," the agency said.
  • Carriers exploit yawning gap between Asia-Europe spot, contract rates
    Asia-Europe contracts have been signed at levels that are being dwarfed by the soaring spot market, and with capacity tightening the lower-paying cargo is first in line to miss a sailing.
  • Singapore congestion tests Indian supply chains amid growing Asian imports
    Singapore is a key intermediate point for Indian transshipment trade, especially out of the country's east coast corridor that has fewer direct mainline connections.
  • RoadOne follows growing demand for container transload to Charleston
    The intermodal logistics provider is ramping up transloading capabilities in the US Southeast to meet increased demand from importers.

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TradeWinds web site
MAY 29, 2024
  • Fortescue melds ammonia carriers and bulkers as it trawls for $900m worth of newbuildings
    Australian ammonia-fuelling fan scours yards for 10 vessels as it transforms into green energy supplier
  • US military's $320m Gaza aid pier offline amid 'perfect storm' of setbacks
    High seas and rough weather break up pier and scatter floating sections
  • Sanctions and 'negligent' legal advice complicate Palmali and Litasco tanker trial
    UK judge criticises guidance received from Turkish group's solicitor as case finally moves towards hearing
  • Merged P&I giant NorthStandard records robust results in first full year of operation
    Tonnage, premium income and investment returns all up after a benign year for claims
  • MSC adding to secondhand tally with vintage container ship quartet
    Liner giant takes more 9,600-teu vessels from its 2M partner Maersk
  • Houthis claim fresh round of strikes spanning a host of major shipowners
    Maersk, Eastern Mediterranean Maritime and Dohle ships allegedly targeted as Yemeni group steps up threats
  • Start-up seeks to shake up shortsea shipping - 16 containers at a time
    Multiple vessels could replace a single feeder ship and open up new opportunities for cargo owners, say founders
  • Herbjorn Hansson sees 'room to grow' as Nordic American Tankers profit slips
    Herbjorn Hansson tanker company sees earnings fall back from 2023 high and stays optimistic longer-term
  • Green Seas: First ferry to fly this year after Lloyd's Register signs on to certify craft from US start-up
    Wing-in-ground effect vessels take next step toward zero-emission travel. Our sustainability newsletter explores
  • As UK talks tough, Russia ships oil through English Channel
    Russia ships oil through Dover straits as UK politicians hit the general election campaign trail
  • Greek asset players open their wallets in dry bulk investment drive
    In a reaction to soaring markets, Greek owners spent billions on secondhand bulkers
  • Cash injection: New RINA boss Carlo Luzzatto targets revenue of €2bn by 2030
    Italian class society outlines big ambitions under Ugo Salerno's replacement
  • Start-up seeks to shake up short sea shipping - 16 containers at a time
    Multiple vessels could replace a single feeder ship and open up new opportunities for cargo owners, say founders
  • Greek shipowners head to Posidonia with fleet worth $183bn on the water
    Clarksons sizes up the world's number two shipowning nation
  • Singapore competition regulator seeks feedback on proposed block exemption order extension
    Regulation likely to be extended for a further five years as it is seen to be beneficial for the city-state
  • Maersk signs up five container ships from John Fredriksen's SFL Corp on fresh long-term deals
    Deals worth well over $200m combined in 'quite robust' market
  • Great Eastern sells veteran tanker for same price it paid 10 years ago
    Indian owner continues to trim older ships from its fleet
  • Seaspan to splash $1.6bn on container ship newbuilding comeback, sources say
    Canadian tonnage provider has ordered six 13,000-teu and four 9,000-teu vessels
  • Houthi rebels aimed five missiles at Greek bulker as aggression intensifies
    Houthis step up belligerence in the 'fourth phase' of their campaign against commercial vessels
  • EDT raises $24m from sale and leaseback of vessel bought from Israeli government
    Cypriot owner strikes refinancing deal with unnamed lessor
  • Dark fleet eschewing low sulphur fuel and scrubbers to break key emissions rule
    Below-board trades already avoid traditional flags and insurance
  • Rishi Sunak cracks down on sanctions-busting shadow fleet tankers with pre-election law change
    Britain closes legal loophole to expand scope of enforcement beyond ship managers
  • Greek shipping white knights set sights on shipbuilding revival
    Two ventures aim to boost Greek ship repair capacity, eyeing shipbuilding expansion ahead
  • Smaller bulkers benefiting from China's pivot to Indian iron ore, says Braemar
    Broker says imports were the highest for the first quarter in more than a decade
  • Harry Vafias plans to tap $40m war chest to grow C3is fleet
    Greek tanker and bulker company able to take advantage of fleet expansion opportunities, CEO says
  • Two South Korean shipyards set to split $1.6bn Adnoc L&S LNG carrier haul
    Letters of intent inked with Hanwha Ocean and Samsung Heavy Industries on six firm newbuildings
  • Surprise cash flow prompts extra dividend payout at Global Ship Lease
    Tonnage provider introduces supplemental dividend in better-than-expected charter markets
  • Vessel tied to $23m Caribbean oil spill detained off Africa
    Report says tug Solo Creed turned up off Angola after accident off Trinidad and Tobago
  • Charter rate trend is stronger for longer, says MPC boss Moritz Fuhrmann
    Tonnage provider cashes in on booming charter market with forward fixtures
  • Golden Ocean CEO Lars-Christian Svensen exits after one year in hot seat
    Departure is almost 12 months to the day since the previous chief executive departed
  • Tankers stuck at sea with North Sea crude cargoes as refinery demand weakens
    Three ships have been awaiting orders for more than two weeks in unusual European and Asian markets
  • Smaller bulkers benefitting from China's pivot to Indian iron ore, says Braemar
    Broker says China's imports of steel-making ingredient was the highest in over a decade in the first quarter
  • 'Trump is lurking in ornamental White House bushes,' says Norwegian owner Knut Ugland
    Grimstad shipping scion outlines the difficult waters his team is steering the JJ Ugland group through
  • JJ Ugland pushes up profit as outside investors take vessel stakes
    Norwegian bulker owner reveals collaborations are paying off despite weaker rates
  • Smaller bulkers benefitting from China's pivot to Indian iron ore, says Braemar
    Broker says China's imports of steel making ingredient in the first quarter was the highest in over a decade
  • X-Press Feeders eyes $460m order for its largest vessels to date
    Singapore-based carrier positions for neopanamax quartet swoop

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American Shipper web site
MAY 29, 2024
  • Marine insurer: Risks to maritime industry changing at unprecedented speed
    The Red Sea conflict continues to endanger shippers that do not divert around the Cape of Good Hope. But with the changing seasons, sea conditions also threaten cargo and safety. Allianz Commercial says risks are coming faster than ever in maritime.
  • FedEx poised to adjust air network in efficiency drive
    FedEx will soon begin streamlining flight operations in line with changing market demand and a world in which it no longer is the prime contractor for the U.S. Postal Service.

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