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