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October 31, 2024

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International Transport Journal web site
OCTOBER 31, 2024
  • Direct train boosts logistics in the Balkans
  • Longest route for American Airlines and Brisbane
  • From Mondial Relay to Lyreco
  • CSX launches double-stack rail transports
  • USD 280 million upgrade at Nador West terminal
  • Headquarters: Hamburg
  • FedEx opens new gateway facility in Indonesia
  • "Curiosity of the Day"
  • Leogistics names new head of yard management
  • Spar sets up in Croatia
  • Keep only evil spirits away, not kindly deliverers
  • Port modernisation in Vietnam

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The Loadstar web site
OCTOBER 30, 2024
  • Port of Montreal set for new strike at TerMont terminals tomorrow
  • White House unveils $3bn investment to 'clean up' ports in 27 states
  • 'My Alphabet DSV' soup
  • US retail inventories hit new heights, and probably caused early transpac peak
  • Air cargo carriers need to 'think items, not pallets' to profit from ecommerce
  • Lufthansa Cargo adds capacity as Asia Pacific ecommerce boosts revenue
  • Across the pond - carriers get their act together
  • CMA CGM offers discount vouchers to fill ships out of India as exports dip
  • SITC boosts order for more feeder vessels as tonnage becomes scarce

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Marine Log web site
OCTOBER 30, 2024
  • Two winning bids in Gulf of Maine floating wind lease sale
    Today, BOEM completed its sixth offshore wind lease sale by offering areas in the Gulf of Maine - the first commercial sale for floating offshore wind on the U.S. Atlantic Coast. The
  • Maersk signs long-term bio-methanol deal with Chinese supplier
    With seven methanol dual-fuel ships already in service and more to follow, Maersk continues to line up new green fuel sources. It has now entered into a long-term bio-methanol offtake agreement with
  • JAG Alaska awarded $18.7M USNS Grasp contract
    JAG Alaska Inc., Seward, Alaska, has been awarded an $18,715,881 firm-fixed-price contract for an 81-calendar day shipyard availability for the regular overhaul and dry dock availability of Military Sealift Command's fleet rescue
  • EPA names successful applicants for $3 billion in Clean Ports Program grants
    The U.S. Environmental Protection Agency yesterday announced the selection of 55 applicants from 27 U.S. states and territories to receive nearly $3 billion through its Clean Ports Program. The agency anticipates making

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Container News web site
OCTOBER 30, 2024
  • Aidrivers and Rocsys forge partnership to advance port decarbonization efforts
    Transportation service provider Aidrivers unveils a strategic partnership with Rocsys, an automated charging solution provider for electric vehicles. This partnership combines Rocsys' cutting-edge robotic charging technology with Aidrivers' autonomous digital platforms, ensuring compatibility and streamlined, fully autonomous charging operations for electric terminal tractors (TTs). This initiati
  • CMA CGM implementes reefer surcharge from America to Far East
    French ocean carrier CMA CGM has notified its customers of an upcoming Peak Season Surcharge (PSS), effective from 1 November 2024 until further notice. This surcharge will apply to reefer cargo from the West Coast of South America, the West Coast of Central America, the Mexico West Coast, the East Coast of Central America, the Caribbean, and the Windward Islands, to China, Hong Kong & Macau SAR,
  • Port of Oakland secures historic US$322 million federal grant
    The U.S. Environmental Protection Agency (EPA) has awarded US$322 million to the Port of Oakland to accelerate its transition to nearly 100% zero-emissions cargo operations. The Californian port's ambitious and community-driven proposal, titled "Community Led, Business Supported, Proven and Ready to Go! Transforming the Port of Oakland to Zero Emissions," represents a historic investment in green
  • Soaring long-haul rates came at expense of Transatlantic lane
    This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container News .
  • DP World expands Sustainable Development Impact Disclosure to new countries
    DP World has extended its Sustainable Development Impact Disclosure (SDID) to include Brazil, Senegal and South Africa, continuing its progress toward achieving the UN's Sustainable Development Goals (SDGs). This follows the company's first SDID published in April 2024, which focused on India and Somaliland. The extended SDID report highlights DP World's commitment to advancing sustainable develo
  • Port of Rotterdam launches geofencing for Just-in-Time ship arrivals
    The Port of Rotterdam has taken a significant step toward optimizing ship movements with the launch of a modern geofencing system, part of the initial phase of the Just-in-Time (JIT) Sailing project. This initiative aims to reduce CO2 emissions and enhance the efficiency of ship traffic management. Since mid-October, terminal planners and shipping agents have been receiving email alerts as soon a
  • Sea-Intelligence reports surge in retail inventories
    The latest data from the US Census Bureau shows that there is a consistent inventory increase in the retail sector. According to Danish maritime data analysis firm Sea-Intelligence, not only are retailers increasing inventories, but the pace of increase has also quickened. The following figure illustrates the trajectory of retail inventory levels, along with a trend line that reflects development
  • Devastating DANA Storm Shuts Valencia Ports, Claiming At Least 64 Lives
    All maritime traffic has been halted at the Port of Valencia and the Port of Sagunto due to the severe DANA storm, which has tragically claimed at least 64 lives. On the morning of Tuesday, October 30, the Valencia area was grappling with the storm's aftermath, featuring closed roads, flooded rail lines, and ports unable to operate. The Emergency Coordination Centre has issued a red alert for the
  • HHLA raises 2024 forecast amid strong transport growth
    Based on preliminary, unaudited figures for the first nine months, the German port and terminal operator Hamburger Hafen und Logistik AG (HHLA) has revised its forecast for the 2024 financial year upwards. Despite global challenges, including economic weakness in Germany, the military conflict in the Middle East affecting shipping routes, and the war in Ukraine, HHLA achieved positive business re
  • Africa Shipping Boom Drives Historic Growth and Strategic Opportunities
    The latest edition of the Review of Maritime Transport spotlights considerable advancements in Africa's shipping sector, revealing impressive growth figures. From the first half of 2018 to the first half of 2023, Africa experienced a 20% increase in container ship port calls and a 38% rise in tanker arrivals, marking all-time records. This content is locked Select a CN Premium Subscription Packag
  • Port of Virginia secures US$380 million federal grant for equipment upgrade
    The Port of Virginia has received US$380 million from the U.S. Environmental Protection Agency (EPA) programme to proceed with its efforts to eliminate greenhouse gas emissions by 2040. The port will use the federal grant to buy electric equipment and the infrastructure needed to support its decarbonization projects, while retiring legacy equipment powered by engines that burn gasoline or diesel
  • Lloyd's Register, HHI announce AiP for new ammonia duel-fuel, 15,300 TEU vessel
    Lloyd's Register (LR) and HD Hyundai Heavy Industries (HHI) have signed a joint development project (JDP) for approval in principle (AiP) for a 15,300 TEU Class ammonia-powered dual-fuel container ship. Under the agreement, HHI has developed a twin skeg design for a 365-metre, ultra-large container vessel (ULCV), which features two small bore engines that are currently available on the market and
  • Scan Global Logistics expands into Ireland to boost Transatlantic trade
    Scan Global Logistics (SGL), a transport and logistics solution provider, has announced the opening of its first office in Ireland, marking another step in its European expansion. This new location will strengthen SGL's offerings in a key trade region, supporting local and international clients with a full range of logistics services. "Ireland is a key market for us. Its proximity to major trade
  • Ocean rates falling post-peak season, but labor and election results could renew pressure for North America lanes
    Asia-Europe ocean rates closed October 30% lower than at the end of September as Red Sea diversions that led to an early peak season meant the post-peak/pre-Lunar New Year demand lull started early this year too. Prices of US$3,500/FEU to both Europe and the Mediterranean have reached the floor set during the previous demand lull this year in March and April, though these rates are still about do
  • APM Terminals Maasvlakte II proceeds with digital expansion
    APM Terminals Maasvlakte II has placed a large order with Konecranes for an Automated Horizontal Transport System, whose delivery and commissioning will begin in 2025. The contract includes up to 71 Lift Automated Guided Vehicles (Lift AGVs), an expansion of the system to manage more than 140 Lift AGVs, a third battery exchange station and virtual reality simulation software - lifting the standar
  • Folk Maritime announces new service linking Arabian Gulf ports to India
    Folk Maritime Services Company has announced the launch of a new service route connecting key Arabian Gulf ports, including Dammam, Umm Qasr, and two of India's largest commercial ports, Nhava Sheva and Mundra. The India Gulf Service will have its first Dammam call on 30 October, by the 1,800 TEU boxship Asterios. The vessel will carry import cargo from India before proceeding to Umm Qasr. The se
  • Port of Los Angeles secures US$412 million US EPA grant
    The Port of Los Angeles (POLA) has received a historic US$412 million grant from the United States Environmental Protection Agency's (EPA) Clean Ports Program to advance its zero-emission (ZE) transition. With an additional US$236 million from private sector partners, the total US$644 million investment will fund the purchase of nearly 425 pieces of battery-electric cargo-handling equipment, 250
  • Maersk secures long-term methanol supply agreement to power green fleet
    A.P. Moller-Maersk has signed a long-term bio-methanol offtake agreement with LONGi Green Energy Technology. This partnership aims to support Maersk's efforts to reduce greenhouse gas (GHG) emissions across its expanding fleet of dual-fuel methanol-powered container vessels. "Bio- and e-methanol continue to be the most promising alternative shipping fuels to scale up in this decade, and the agree
  • Port of New York and New Jersey nears 780,000 TEUs, marking second-busiest September ever
    Port of New York and New Jersey achieved the second-busiest September of all time, eclipsed only by the pandemic-related cargo surge in 2022, handling a total of 779,388 TEUs during the month. "We maintained our status as the nation's second-busiest gateway for loaded cargo, handling 4,388,397 loaded TEUs over the first nine months of the year," said the US port in an announcement. September 2024
  • CNC commences new Taiwan-Vietnam service
    CMA CGM-owned intra-Asia short sea specialist CNC has launched a new service line directly connecting Taiwan with Vietnam. The TVS service offers direct calls between the port of Kaohsiung and Ho Chi Minh City (Cat Lai). The company states that the service will provide a round trip from Kaohsiung to Ho Chi Minh City, requiring five days for the outbound journey (Kaohsiung -> Ho Chi Ming City) and
  • Capacity imbalance sees boxshipping tilt to buyers' market
    Major disruptions in the container shipping market have conspired to bolster flagging rates, but the same market fundamentals seen a year ago apply today as shippers contemplate a cheaper 2025 and carriers face a bruising. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Mary Anne Evans Correspondent at Large If you liked this post, please consider donating T
  • Vietnam, UAE sign free-trade agreement
    On 29/10, the United Arab Emirates (UAE) and Vietnam inked a comprehensive economic partnership agreement (CEPA), marking Vietnam's first free-trade deal with a Middle Eastern nation. The CEPA stipulates that the UAE will eliminate tariffs on 99% of Vietnamese exports, while Vietnam has agreed to abolish tariffs on 98.5% of UAE exports. In this context, Vingroup JSC, a prominent private company i
  • ONE adds Jacksonville to EC2 service
    Starting in February 2025, Ocean Network Express (ONE) will integrate the Jacksonville Port (JAXPORT) into its East Coast 2 (EC2) service, establishing a direct link between Jacksonville and five ports in Asia. This weekly service will employ a fleet of 13,500 TEU vessels, all operated by ONE. The vessels will dock at the recently upgraded SSA Jacksonville Container Terminal at the Blount Island
  • Small Island Developing States facing growing challenges amidst high competitive environment
    The latest UNCTAD Maritime Review highlights key challenges faced by Small Island Developing States (SIDS) in the complex realm of maritime trade. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container News .

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Splash web site
OCTOBER 30, 2024
  • Just culture, just needs time and people
    Steven Jones, the compiler of the Seafarers Happiness Index, admits he was surprised to receive messages from crew relieved that they were having some "downtime" while sailing the long way round the Cape this year. Shipping's advances in sustainability are set to be built on very shaky foundations unless action is taken to address workload, ...
  • TotalEnergies partners with Reach Subsea on unmanned offshore vessel pilot
    French energy major Total Energies has become a partner in the unmanned surface vessel (USV) qualification program conducted by Norwegian offshore services player Reach Subsea. Earlier this year, Reach Subsea agreed with Equinor to conduct a technology qualification program. TotalEnergies, along with several other major energy companies, has now joined this program. The pilot project ...
  • OneSubsea to supply boosting system for BP's Kaskida project
    SLB's OneSubsea has been awarded a contract by energy giant BP for a subsea boosting system in the greenfield development of the Kaskida project in the US Gulf of Mexico. This contract is the first engineering, procurement, and construction (EPC) contract for a subsea boosting system between the two companies. The project scope includes a ...
  • Purus seals Vestas deal for CSOV newbuild
    UK-based owner Purus has secured a multi-year service contract with Danish wind turbine manufacturing giant Vestas for one of its commissioning service operation vessels (CSOVs) under construction at Fincantieri-controlled Norwegian shipbuilder Vard. The vessel named Purus Chinook will start its contract immediately after delivery in 2025. The newbuild will be fit to accommodate 120 people ...
  • UECC expanding fleet with up to four LNG-powered battery hybrid newbuilds
    Oslo-based United European Car Carriers (UECC) has ordered up to four battery hybrid newbuilds at China Merchants Jinling Shipyard Nanjing. The shortsea roro carrier has signed for two firm vessels with multi-fuel LNG-driven engines scheduled for delivery in 2028 and options for two more units that, if exercised, would bring the number of "eco-friendly newbuilds" ...
  • US to invest $3bn in ports
    US president Joe Biden has revealed a $3bn investment to help clean up and modernise ports across 27 states and territories. The move will upgrade port infrastructure at 55 sites nationwide, including the Port of Baltimore, which will receive $147m from Biden's Inflation Reduction Act for zero-emission port equipment, charging infrastructure, and power improvements. The ...
  • Avangrid, Invenergy pick up floating wind leases in Gulf of Maine
    Avangrid and Invenergy have secured leases for offshore wind development in the first lease sale in the Gulf of Maine as well as the first sale for floating offshore wind acreage on the US Atlantic coast. The US Department of Interior said that the auction resulted in two provisional winners on four lease areas and nearly ...
  • Seaway 7 lands cable installation work on UK offshore wind farm
    Seaway 7, the renewables unit of Oslo-listed Subsea 7, has won a contract from Danish utility Ørsted for the transport and installation of inter-array cables at the Hornsea 3 offshore wind project in the UK North Sea. The company's scope of work covers the transportation and installation of 192 66kV inter-array cables, measuring approximately 500 km ...
  • Wintershall Dea adds more time to Eidesvik Offshore PSV
    Oil and gas company Wintershall Dea has exercised the remaining options for Eidesvik Offshore's platform supply vessel Viking Princess. The German-based firm has declared the remaining options to keep the 2013-built ship until January 2026. The vessel has been under contract with Wintershall Dea since December 2020. Since then the deal has been extended several ...
  • Four CTVs chartered for work on Polish offshore wind farms
    Joint ventures between Polenergia and Equinor, in charge of developing the Baltyk 2 and Baltyk 3 offshore wind farms, have signed deals to charter crew transport vessels worth €57m ($61.6m). The two joint ventures, MFW Baltyk II and MFW Baltyk III, signed contracts with Northern Offshore Services and Njord Offshore, each signing two agreements for ...
  • Maritime CEO Forum Monaco: How to access capital
    The Money and Ships session at last week's Maritime CEO Forum at the Monaco Yacht Club discussed disruption witnessed in ship finance, ably moderated by Isabelle Rickmers, the CEO of jobs marketplace TURTLE. Looking at the print out of the delegate list for the exclusive shipowner gathering, Harris Antoniou, founder of Neptune Maritime Leasing, noted ...
  • Shipowners come under pressure to reveal their carbon footprint
    Calls are growing for every ship's emissions data to be made public with Splash Extra getting in touch with many of shipping's top bodies this month to discuss the issue. The technology to track shipping emissions has been readily available for many years. Now the pressure is growing for IMO member states to debate plans ...
  • CMA CGM invests in another Moroccan terminal
    CMA CGM has moved to take on a third port venture in Morocco, one of Africa's fastest growing container destinations. The French liner has signed with Moroccan port and terminal operator Marsa Maroc to operate half of the new east terminal at Nador West Med Port, a facility in the far northeast of the country ...
  • Calls grow for every shipowner to reveal emissions data
    Calls are growing for every ship's emissions data to be made public. Currently fuel consumption and emission data is collected by ship operators and reported to their flag states. They need to verify and submit it to the International Maritime Organization (IMO) which then aggregates it and internally publishes it. Currently the system only allows ...
  • How to distribute funds from a carbon levy
    The just and equitable transition that smaller, more vulnerable economies are seeking in the green debate at the International Maritime Organization (IMO) is something we've covered a lot at Splash over the years. The disbursement of revenues generated by IMO's emission reduction measures has been a stumbling block in negotiations for more than a decade, ...
  • October 2024 Review
    The Marine Environment Protection Committee (MEPC) meeting at the headquarters of the International Maritime Organization (IMO) whittled the proposals for mid-term policy measures capable of driving an energy transition in international shipping down to just three options, with a likely greenhouse gas reduction pathway selected next year. Among confirmed important agreed milestones at MEPC was ...
  • Tankers enjoy today's volatility
    As the conflict in the Middle East spreads, as North Korea joins in with Russia's invasion of Ukraine, and as China practices a naval blockade of Taiwan, you can find plenty of social media strategists to inform you that World War Three has already begun, but that the West is too fixated on the US ...
  • Fragility trumps confidence in dry bulk
    Last month we described how the on September 20, the BCI was at 3,235 points, 20% higher than a month earlier. We asked, will the market take off like it did last year? Brokers reported that demand for capesizes remained firm, but, we said, "there is always the nagging anxiety about Chinese economic activity and ...
  • Container scenario planners sharpen their pencils for 2025
    The US dockworkers' strike lasted only three days, though in Canada, dockworkers in Montreal are striking for a day at a time. With terminals back to normal operations in the US, liners are finding that freight rates have resumed their downward trend. The FBX01 index of freight rates from China to the US west coast ...
  • Analyst Abstract
    Dry Bulk The booming cape trades out of Guinea and other West African nations are giving extra life to ageing capesizes. Unlike the other major capesize routes, which often have an age limit of either 15 or 18 years old, vessels calling Guinea have no such limit for the time being and, as such, the ...
  • Why ships sales have slumped
    Duller than a butter knife was how one Asia-based broker summed up the sale and purchase markets this month. "All the oomph left the market when freight rates came off. Pricing doesn't yet match the lower freight rates. Sellers will hold off until they know if the droop is permanent and buyers will not rush ...
  • Why China's changing diet matters
    Eating healthier and more nutritious foods and changing your diet for the better is the advice of every doctor you probably ever met. But what happens if a country of 1.4bn people changes its diet and how big is the effect of such a massive butterfly flapping its wings? Greece's Ursa Shipbrokers noted in a ...
  • The need for energy price risk insurance
    Shipping is facing a considerable risk management gap, with the vast majority of players unfit to handle the complex dynamics of fuel and freight price volatility, says Gus Majed, the CEO and founder of energy price risk insurance broker Paratus. The global bunker fuel market consumes about 3.5m barrels per day, alongside the global freight ...

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Lloyd's List web site
OCTOBER 30, 2024
  • Seacon takes over $64m bulker order from BVI firm
    These new ships, due for delivery between 2026 and 2027, will help Seacon further expand its controlled fleet
  • US importers already prepping for renewed port disruptions on January 15
    According to Matson chief executive Matt Cox, US importers are hedging against the resumption of a strike at US east...
  • Daily Briefing
    Sanctioned North Korean ship deviates from norm to make traceable call to Russia | Fire safety standards on board ships...
  • US targets hundreds of entities in latest Russian sanctions spree
    The US State Department and Ofac have announced fresh sanctions targeting nearly 400 entities and individuals for 'enabling Russia's prosecution...
  • Sanctioned North Korean ship deviates from norm to make traceable call to Russia
    Several other North Korea-owned vessels have arrived at Russian ports with AIS enabled during the past few months, but the...
  • Transatlantic rates rising due to lower capacity and strike fallout
    Europe-US east coast spot rates are on the rise. Transatlantic capacity is down 8.2% year on year, while import demand...
  • Trade in clean energy tech will triple to $575bn in a decade, IEA predicts
    China will continue to dominate clean energy technology manufacturing, according to a mammoth report by the International Energy Agency
  • Baltimore bridge litigation set for early 2026 start
    Determination of liability in what could be costliest marine loss of all time anxiously watched by underwriters
  • Klaveness Combination Carriers to install wind-assisted propulsion on newbuilding
    Klaveness Combination Carriers is making its first move into the wind-assisted propulsion space, agreeing to install two of bound4blue eSails...
  • Fire safety standards on board ships are bad and getting worse
    Port state control figures have found a 14% non-compliance rate for basic fire safety standards on board inspected ships, and...
  • Nuclear power 'ideal' way to decarbonise shipping, says ABS
    The technology exists for nuclear energy to power vessels with zero emissions as demonstrated by a design drawn up by...
  • CMES reports profit drop despite strong growth in dry bulk
    Analysts remain optimistic about the tanker market in the long run, despite downgrading CMES' profit forecast for this year on...
  • Houthi-hit Sounion finally arrives at Suez to start cargo transfer
    After 49 days of fires, a technically perilous salvage operation and diplomatic delays, the Houthi-hit Sounion has finally arrived at...
  • Trump tariffs won't hurt car carrier market, says Wallenius Wilhemsen
    Wallenius Wilhelmsen's Lasse Kristoffersen is not worried about possible Trump tariffs on Chinese cars, saying Asia, not the US, is...
  • French shipowners' association 'not opposed' to huge one-off tax hit on CMA CGM
    Some 450 French firms with turnover in excess of €1bn ($1.1bn) will be asked to hand over 9% of operating...
  • UPDATE: Dynacom denies sale of tankers used in botched sanctions raid
    Two Dynacom tankers that the US chartered in the summer of 2022 for an ultimately botched seizure of an Iranian...
  • Maersk signs bio-methanol sourcing deal with Chinese supplier
    Maersk said its methanol offtake agreements now cover more than 50% of the dual-fuel methanol fleet demand in 2027
  • US ports to use green cash for shore power
    Key US ports such as New York and New Jersey, Los Angeles and Savannah all intend to use their grants...

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The Journal of Commerce web site
OCTOBER 30, 2024
  • US LTL carriers raising rates as shippers keep wary eye on 2025
    Less-than-truckload volumes may be down as much as 15% from 2021, but carriers are pushing for rate hikes in single-digit-percentages as they plan expansion.
  • US ports plan upgrades to electric yard equipment after securing EPA grants
    The Environmental Protection Agency will disburse nearly $3 billion in federal funds meant to offset the costs of upgrading thousands of pieces of yard equipment from diesel to electric power.
  • Strong imports, low blanks extend peak season on eastbound trans-Pacific
    Import demand from Asia, which typically tapers ahead of Black Friday sales, is holding steady, fueled by resilient retail sales, tariff concerns and the mid-January expiration of the tentative ILA labor agreement.
  • Maersk secures long-term methanol supply in China production deal
    With this latest deal, the combined methanol offtake agreements Maersk now has in place will meet half the demand from its fast-growing dual-fuel fleet in 2027.

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TradeWinds web site
OCTOBER 30, 2024
  • Teekay Tankers splashing out for parent company's management units
    Owner reveals intra-group moves in quarter that misses analyst earnings bets
  • Matson's 'very strong' third quarter beats expectations as China service thrives
    Hawaii liner operator benefits from stronger transpacific freight rates
  • Tanker values soften as Greek and Chinese buyers move for older product carriers
    What little activity there has been is focused on LR1s
  • MOL-Cosco joint venture tipped to scoop QatarEnergy's supersize LNG carrier sextet
    Qatari giant said to be taking a breather from ordering for remainder of 2024
  • Comment: Trade, geopolitics and antipathy for 'foreign-owned' shipping companies are on the US ballot
    Both US presidential candidates want to be tough on America's third-largest trading partner - but disagree on how hard to be
  • Congress is waking up to US maritime vulnerability. Will that survive the election?
    Bipartisan bill seeks to revitalise US-flag shipping and shipbuilding
  • Clarksons relaxed about valuation gap after Scorpio's DHT stock splash
    Analysts say investment in VLCC company is relatively minor compared to market cap
  • How shipping's 'top' analyst Jon Chappell keeps trying to get tankers right
    This week's Streetwise looks at another Institutional Investor honour for a researcher whose world is wet
  • Argentina's shale boom could boost exports by more than an aframax per day
    Increased oil production will be a demand driver for crude tankers
  • Monjasa expands into new US Gulf markets with Stenersen tanker charter
    Danish owner to supply VLSFO and gas oil in growing sector
  • Baltic Exchange launches know-your-customer platform to help shipping dodge risky business
    Compliance checks have never been a hotter topic for shipping companies
  • Confidence abound as crunch time looms for Wallenius Wilhelmsen
    Car carrier owner looking to sew up new, richer contracts as the year winds down
  • MPC Container Ships eyes order for midsize container ships at Hengli Heavy Industry
    The company will firm up the newbuilding deal once it secures employment contracts
  • Red Sea diversions alleviate onboard strain for seafarers
    Added time provides more time for rest, survey finds
  • MSC calls time on 42-year-old veteran container ship duo
    Liner giant is sending oldest vessel in its fleet to the breakers
  • Tradition, learning and innovation: John Michael Radziwill on the making of CTM
    C Transport Maritime's CEO reflects on the past 20 years and looks forward to a new decade
  • UECC inks deal for midsize car carriers powered by LNG and batteries
    Oslo-based owner already has three vessels in its fleet with LNG/battery dual fuel
  • Transport Capital hires ship finance veteran Michael de Visser as senior adviser
    Banker left NIBC after 24 years
  • AES poised to offer LNG bunkering on Atlantic side of Panama Canal
    Seaspan Energy newbuilding to start operations in March from new base
  • MSC inks $2bn 'shock' container ship order set to bring Chinese yard giant back to life
    But big questions loom over the future of Rongsheng shipyard which ceased contracting newbuildings a decade ago
  • Klaveness Combination Carriers moves into wind propulsion with sails on newbuilding
    Two 24-metre-tall sails will be fitted to the bow
  • Hanwha Ocean unveils new FPSO design as it transitions to floating solutions provider
    Shipbuilder logs third-quarter loss following hit from exchange rate falls and outsourcing costs
  • Alleged toxic waste on container ship seized by Albania
    Moliva has returned alleged furnace waste after Thailand rejected it
  • Maersk signs major long-term bio-methanol deal as dual-fuel fleet grows
    Danish shipowning giant taps LONGi Green Energy for supplies of low-carbon fuel from 2026
  • French tonnage tax looks safe - with special surcharge for CMA CGM
    Parliament's finance committee comes up with compromise to keep levy based on vessels owned, not profit
  • Arctic Securities urges shipping companies to exploit record-low Nordic bond funding costs
    Bank sees market capacity for more bonds in different segments
  • Local expertise key as 'non-traditional' players enter offshore shipping, M3 broker says
    Shipbroker believes Dragnis' Goldenport teaming with shipowner Allianz reduces risk of $183m investment
  • Klaveness Combination Carriers sees 'superior value creation' amid 'more challenging' markets
    Fourth-quarter forecast somewhat down due to weaker product tanker markets
  • Color Group issues fresh $73m hybrid bond in refinancing
    Bonds pay coupon of Nibor plus 4%
  • Shipowner Mureloil orders hybrid tanker powered by battery system
    Spanish company contracts small eco vessel
  • Wallenius Wilhelmsen 2024 targets remain intact even as bottom line dips
    Norwegian owner shooting for 'somewhat better' annual performance

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American Shipper web site
OCTOBER 30, 2024
  • Kuehne+Nagel adopts new Amazon air cargo service for China e-commerce
    Logistics powerhouse Kuehne+Nagel is an early adopter of Amazon Air's freight transportation service, which it is using to move e-commerce shipments from China to the U.S.
  • Millions in funding for key Montreal port commodity
    Transport Canada is funneling millions of dollars to expand grain-handling facilities at the Port of Montreal.

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