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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
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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