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13 July 2024 - Year XXVIII
Independent journal on economy and transport policy
14:55 GMT+2
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BRIEFS
July 7, 2023

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Exim India web site
JULY 7, 2023
  • TKPL's social initiatives towards a noble cause for Founder's Day
  • South East CEO Conclave & Awards 2023 to see participation from key officials
  • THE Alliance announces Transpacific-West Coast change
  • Paradip Port commences coastal movement of coal to the West Coast
  • Maritime and Port Authority of Singapore inks MoU for zero-emission shipping across the Indian & Pacific Oceans
  • Record 285k TEU new containerships delivered in June
  • Singapore summit in Aug. to deliberate on future of container shipping
  • India's growth of 8-9 pc to be driven by manufacturing, urbanisation: Kant
  • CBIC identifies 17k non-existent GSTINs, cancels 4,900 registrations
  • Global container shipping outlook: Pressure mounts amid flood of new capacity
  • China's metal export curbs aimed at the US may impact India
  • DGTR notifies anti-dumping probe into aluminium frames imports from China
  • Basmati rice exports to Iran dip due to payment issues
  • Tea exports down
  • Major capacity issue is looming
  • Canadian dockworkers' strike continues

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International Transport Journal web site
JULY 7, 2023
  • Shipping line launches express rail shuttle
  • Friderici buys maintenance specialist
  • Iata data show weak market conditions
  • ADPL venturing further into healthcare logistics
  • Planning a CT terminal and empty container depot
  • Digital expert to join Geodis management board
  • Swiss Worldcargo unveils new product structure
  • CMA CGM starts "NC Levant"
  • More capacities for Baltic Rail Gate
  • First fully certified FRCs in service
  • Dimotrans has a new shareholder
  • IAM mourns chairman Sean McCool (1931 - 2023)
  • Konecranes contracted to equip container terminal
  • Handing over the baton at Wedolo
  • Canada investing in rail safety
  • "Curiosity of the Day"
  • New rail hub in Radlett progresses
  • Elcome: a bridgehead in Vancouver
  • More work for Vienna Airport's customs staff
  • Rerouting Transpacific-West Coast service
  • Simplifying border crossings between EU and UK

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The Loadstar web site
JULY 6, 2023
  • OOCL results bode badly for shipping lines as rate-per-teu sinks
  • Two firefighters die in Grimaldi roro blaze in Newark
  • Europeans do it better: the air & ocean mating game
  • August strike looms as UPS and Teamsters talks collapse
  • 'Toxic' air cargo market drives forwarders into Vegas-style risk-taking
  • UPS - the boring side
  • India's air cargo industry slows as sector calls for tax and infrastructure reform
  • ...and Geodis?
  • Ships leave Chittagong half-empty as factories remain closed
  • MEPC 80: China proposes plan to allow emissions data to be altered

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Marine Log web site
JULY 6, 2023
  • VIDEO: Efforts to fight Newark car carrier fire continue
    Two firefighters lost their lives last night battling a car carrier fire that broke out aboard the Grimaldi Deep Sea RO/RO vessel Grande Costa d'Avorio in Port Newark. As of midday today,
  • Thoma-Sea wins $624.6 million NOAA research vessel order
    NOAA (National Oceanographic and Atmospheric Administration) has awarded Houma, La., shipbuilder Thoma-Sea Marine Constructors LLC a $624.6 million contract to design and build two advanced research vessels. The contract includes an option
  • Damen books contract for advanced ASW frigate quartet
    The Dutch Ministry of Defense, Damen and Thales have signed acontract for the design, construction, and delivery of four Anti-Submarine Warfare (ASW) frigates; two for the Netherlands and two for Belgium. The
  • BOEM approves first N.J. offshore wind farm, Ocean Wind 1
    The Bureau of Ocean Energy Management has issued its Record of Decision (ROD) approving the plan for construction and operations of Ørsted's Ocean Wind 1. To be located about 13 nautical miles
  • Seaspan and Hapag-Lloyd ink methanol retrofit agreement with MAN ES
    The move to methanol fueling continues to accelerate. The latest figures from DNV's Alternative Fuels Insight (AFI) platform, showed that the 55 vessels with alternative fuel propulsion ordered in June included 26

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Container News web site
JULY 6, 2023
  • Container vessel sinks in Bangladesh waters
    A boxship carrying 96 TEUs of containers sank during an intra-Bangladesh route from the port of Chittagong to the Pangaon Inland Container Terminal in Dhaka. Officials said the 140 TEU capacity vessel namely Pangaon Express, bareboat chartered to Sea Glory Shipping, was imperilled at the Bhasan Char area. Captain Faridul Alam, deputy conservator of Chittagong Port Authority, said the vessel is pa
  • Transatlantic rates tumble even as transpacific rates rumble with WCI officially below all post-pandemic quotes
    A 25% tumble in the transatlantic rates, Rotterdam to Shanghai at US$2,003, awarded the Drewry World Container Index with its lowest ever level since 15 November 2019 and with that officially at its lowest quote in the post-pandemic era. The transatlantic rates which have shaved off nearly 39% in a mere fortnight, about US$1,223, have now eroded 73% since their peak in November 2022, and are curr
  • CMA CGM revises port congestion surcharges in Turkish port
    As operational challenges continue at the port of Mersin, CMA CGM has decided to revise port congestion surcharges (PCS) at the Turkish port. French ocean carrier will revise the port congestion surcharge from Mersin to South America East & West Coasts, Central America East Coast & Caribbean, Central America West Coast & Mexico West Coast, Windward, Guyanas North Brazil. The updated surcharge for
  • Collision in Ukraine between bulk carrier and general cargo ship
    Bulk carrier Klc Erciyes struck portside of berthed general cargo ship Jasmin Queen while maneuvering to berth at Izmail port in Ukraine on 1 July, according to Maritime Bulletin. Both ships seem to have suffered damage, but the extent of the damage remains unknown at the time of writing. Cameroon-flagged cargo vessel Jasmin Quenn departed the port of Izmail on 4 July, bound for Alexandria, Egypt
  • COSCO financial figures plunge in 2023
    COSCO Shipping Holdings estimates that it suffered significant decreases in profit in the first half of 2023, compared with the same period last year. According to the Japan International Freight Forwarders Association (JIFFA), it is expected that the company's Earnings Before Interest and Taxes (EBIT) plunged 74.1% year-on-year to US$3.4 billion and net profit declined by 74.4% to US$2.7 billion
  • Maersk vessel omits Auckland due to weather conditions
    Maersk announced that due to adverse weather conditions which are expected to delay Polaris service vessel Nicolai Maersk en route to Melbourne, the vessel will omit the port of Auckland. The Danish carrier said it took this decision to minimise any further Polaris schedule disruption and to allow for schedule recovery. The contingency plan for affected cargo will be as follows: Exports currently
  • MPC Container Ships sells last two joint venture-owned ships
    Norwegian container tonnage provider MPC Container Ships ASA (MPCC) announced the sale of two joint venture-owned vessels, Cimbria and Cardonia, for US$42.5 million. The vessels, each with a capacity of 2,800 TEU, were built in 2002 and 2003. Both ships are now on time-charter contracts that will expire at the earliest in July 2025 (Cardonia) and October 2025 (Cimbria). This transaction reflects
  • HHLA TK Estonia and FERNRIDE proceed with autonomous driving project
    HHLA TK Estonia and FERNRIDE have successfully completed the first phase of their joint project at the Estonian terminal. Next, the two companies will continue the project to further develop and promote autonomous driving at the terminal. Also, the innovation unit HHLA Next invested again in FERNRIDE in June. The joint project at the HHLA TK Estonia terminal near Tallinn started in January. More
  • Xiamen follows Yangshan in feeder double-berthing
    China's Xiamen port has begun double-berthing feeder ships to speed up the movement of containers along inland waterways in Fujian province. Double-berthing involves parking one feeder vessel outside another feeder ship that is already berthed, and having the gantry cranes load containers on both ships concurrently. Early this week, the exercise saw the 210 TEU Haibangda 318 parked next to the 21
  • MPA Singapore and Lloyd's Register MDH sign decarbonisation agreement
    The Maritime and Port Authority of Singapore (MPA Singapore) and Lloyd's Register Maritime Decarbonisation Hub (LR MDH) have signed a Memorandum of Understanding (MoU) aiming to collaborate on a fleet-specific decarbonisation strategy. The agreement includes an implementation plan for 'The Silk Alliance' cross-industry initiative to enable zero-emission shipping across the Indian and Pacific Ocea
  • THE Alliance changes Asia to Transpacific-West Coast network
    Container shipping alliance of Hapag-Lloyd, Yang Ming, Ocean Network Express (ONE) and HMM, THE Alliance has announced changes to the Asia to Transpacific-West Coast network. THE Alliance will temporarily suspend the PS5 service and will update the existing PS3, PS6 and PS7 services, effective from August until further notice. The PS3 service will be enhanced with port of Tokyo call and the port
  • AD Ports Logistics and Acino sign freight forwarding deal
    AD Ports Logistics (ADPL), a subsidiary of AD Ports Group, and Acino, a Swiss pharmaceutical company that develops and manufactures medicines, have signed an agreement, according to which ADPL will provide Acino with global freight forwarding services. The services include sea and air transport in the Middle East and North Africa (MENA) region. Through this agreement, ADPL intends to leverage its
  • CMA CGM sets increased FAK rates from Asia to North Africa and Med
    CMA CGM has announced several rate increases from Asia to North Africa and the Mediterranean that will be effective from 1 August 2023. The French carrier's updated Freight All Kinds (FAK) rates will be applicable from all Asian main ports to all Mediterranean & North African base ports on dry, out of gauge (OOG), reefer & paying empties containers. FROM ASIA TO 20' 40' / 40'HC / 40'RF WEST MED U
  • Unleashing the Digital Revolution: Navigating the Future of Maritime Trade
    The maritime trade industry is on the verge of a technological revolution that is fundamentally reshaping its operations. As digitalization takes hold, a new wave of disruption is poised to transform the industry. To thrive in this evolving landscape, it is crucial for industry leaders to be aware of and embrace the following four trends: The Rise of Digital Platforms in Maritime Trade One of the
  • Growing capacity combined with "invisible" peak season weakens container market
    The peak season in the container shipping market should already be getting underway under normal circumstances, but, according to Danish maritime data analysis firm Sea-Intelligence, it has not started yet. The following figure shows the four-week average capacity deployment (future based on currently scheduled capacity by the carriers) for Asia-North America, combined Asia-North America West and

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Splash web site
JULY 6, 2023
  • Noble wins semisub contract with Petronas for work offshore Suriname
    Offshore rig owner Noble Corporation has won a contract with Petronas for the 2009-built semisub offshore Suriname. The New York and Copenhagen-listed firm has fixed ex-Maersk Discoverer for 90 days from August this year in a deal worth $43m, including additional services provided, mobilization and demobilisation fees. The rig is currently operating offshore Guyana for ...
  • McDermott wins Shell contract in Malaysia
    US subsea and deepwater engineering and construction player McDermott has secured a contract from Sarawak Shell Berhad for pipelay and heavy lift project off the coast of Sarawak in East Malaysia. Under the scope of the contract, McDermott will perform transportation and installation services for two pipeline segments and one section of flexible pipelay at ...
  • Revoked wind farm license leaves Cadeler, Siemens Gamesea deals in the air
    The Danish Energy Board of Appeal has revoked the establishment permit for HOFOR's Aflandshage offshore wind farm awarded by the country's energy agency last year. HOFOR, the developer of the Aflandshage offshore wind project, said that a changed practice by the authorities regarding the counting of bats, among other things, was what triggered the rejection ...
  • Seanergy steps up buybacks as it expands with first newcastlemax addition
    Greek capesize owner Seanergy Maritime has spent around $1.6m repurchasing its own shares as part of a buyback scheme and brought in its first newcastlemax bulker on bareboat charter with purchase option attached. The Stamatis Tsantanis-led company has picked up 362,161 common shares, or about 2% of its issued and outstanding shares, at an average ...
  • MAN to retrofit up to 60 Seaspan and Hapag-Lloyd ships to green methanol
    MAN Energy Solutions has signed a conversion commitment agreement with containership owner Seaspan and containerline Hapag-Lloyd. Under the terms of the agreement, MAN PrimeServ, MAN Energy Solutions' after-sales division, will deliver 15 engine retrofit solutions for the conversion of vessels powered by individual MAN B&W S90-type fuel-oil-powered engines from the Seaspan and Hapag-Lloyd fleets
  • SSY buys German shipbroker F3 Offshore
    UK shipbroker Simpson Spence Young (SSY) is expanding its offshore operation with a second acquisition in the sector this year. The London-headquartered firm has sealed a deal to buy German specialist shipbroker, F3 Offshore for an undisclosed sum. The Hamburg-based outfit, founded in 2009, is the first brokerage to specialise in North Sea renewables and ...
  • Bernhard Schulte returns to Ulstein for pair of CSOV newbuilds
    Bernhard Schulte Offshore, a Hamburg-based unit of Schulte Group, has returned to Ulstein Verft in Norway for the design and construction of two commissioning service operation vessels (CSOVs). The contract, with an undisclosed value, includes options for four additional ships of Ulstein SX222 design. The firm two newbuilds will add to Bernhard Schulte Offshore's current ...
  • BP and WasteFuel to explore bio-methanol use in shipping
    Energy supermajor BP has invested $10m in WasteFuel, a California-based biofuels company, to research the potential of bio-methanol in hard-to-abate sectors like shipping. BP said that solid waste production totals about 2bn metric tons annually and would increase to 3.4bn metric tons by 2050. According to the company, WasteFuel's deployment of anaerobic digestion and methanol ...
  • MPC Container Ships scores profitable asset play as it offloads last joint venture ships
    MPC Container Ships (MPCC) has achieved a lucrative asset play with the disposal of the final two Bluewater joint venture vessels. The Oslo-listed tonnage provider has offloaded the 2002-built 2,800 teu Cimbria and 2003-built Cardonia for $42.5m. Both vessels, VesselsValue estimates as worth around $24.5m in total, are currently on charter contracts, expiring at the ...
  • Anders Onarheim stepping down from BW LPG CEO role
    The chief executive officer of VLGC owner BW LPG Anders Onarheim has decided to step down from the role. BW LPG said Onarheim would leave the company on September 30 this year. No reason was given for his departure. The company's board of directors has already appointed Kristian Sørensen, the deputy CEO and head of ...
  • Harsh environment semisubs approaching half-million per day as market sells out
    The global market for sixth-generation harsh environment semisub rigs stands at 100% utilisation for the first time in nearly a decade, with dayrates approaching the $500,000 mark. Data from Westwood Global Energy's RigLogix platform shows committed utilisation of these units has risen 14% in the last six months, and is now sold out - a ...
  • Avance Gas continues fleet renewal plans with sale of 2008-built VLGC
    Avance Gas has sold the 2008-built very large gas carrier (VLGC), , for a cash consideration of $60m. The vessel is currently employed on a two-year time charter party and will be delivered to the new owner following the completion of the current charter. According to Avance Gas, delivery to the new owners is expected ...
  • Victor Restis embroiled in UK legal case
    Greek shipping tycoon Victor Restis is embroiled in a legal battle in the UK, demanding £37m ($47m) be repaid from a British financier, Amanda Staveley, over a loan issued 15 years ago. Restis, who controls Enterprises Shipping & Trading, is battling Staveley, a famous name in British sports finance, over the size of the money ...
  • Costamare boss takes stake in Seanergy Maritime
    Another dry bulk firm has piqued the interest of other shipowners in the public market. Konstantinos Konstantakopoulos, chairman and CEO of Greek boxship and bulker owner Costamare, has picked up a major stake in compatriot Nasdaq-listed capesize specialist Seanergy Maritime. According to a filing to the US Securities and Exchange Commission (SEC), Konstantakopoulos-controlled Longshaw Maritime ...
  • Pressure grows on Ottawa to act on day six of the Canada port strikes
    Day six of the west coast Canadian port strikes and the pressure is growing on the federal government to intervene to resolve a contract dispute between employers and the International Longshore and Warehouse Union (ILWU) Canada. Railway giant Canadian Pacific Kansas City has put a temporary hold on export traffic heading to the port of ...
  • US green lights Ørsted's Ocean Wind project off New Jersey
    US authorities have approved the plan for the construction and operations of Ørsted's Ocean Wind 1 project offshore New Jersey. Located about 24 kilometres southeast of Atlantic City, the project will have an estimated capacity of 1.1 GW, capable of powering over 380,000 homes. The project is supposed to create around 3,000 jobs through its ...
  • Shots fired in latest Iranian tanker skirmish
    A US destroyer has prevented attempts by the Iranian Navy to seize two commercial tankers in international waters in the Gulf of Oman with even shots being fired at one of the tankers. According to an account of the events by the US Navy, an Iranian naval vessel approached the Marshall Islands-flagged oil tanker TRF ...
  • The case for offshore container ports
    Rafael Zarama argues box ports should be established further out to sea. Container ports have evolved significantly since their inception in the 1950s. These ports, where ships dock in protected coastal waters and cargo is unloaded using cantilever cranes on skids, have undergone changes in size, technology, and optimisation. However, despite these adaptations, the traditional ...
  • ARI: Singapore to spearhead the adoption of digital solutions
    New Delhi-based global developer of simulation training systems for the maritime sector, ARI Simulation, has expanded its international footprint, launching operations in Singapore with Bhupesh Gandhi at the helm. A well-known name in maritime technologies and simulation circles, Gandhi joined Applied Research International (ARI) as Singapore CEO based on the company's proven track record and ...
  • Autonomous navigation voyage between Korea and Taiwan completed
    South Korean shipbuilder Samsung Heavy Industries has successfully demonstrated autonomous vessel navigation from South Korea to Taiwan, marking an industry first. The demonstration involved the installation of Samsung's self-developed remote autonomous navigation technology, known as Samsung Autonomous Ship (SAS), and the smart ship system SVESSEL on a 15,000 teu containership. The vessel sailed

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Lloyd's List web site
JULY 6, 2023
  • Iran seizes vessel a day after foiled hijackings of two US-affiliated tankers
    Iran's Islamic Revolutionary Guard Corps has seized an unidentified vessel in the Middle East Gulf, a day after the US...
  • Impasse continues in Canada port talks as business groups urge government intervention
    Canada's west coast dockworkers have been striking since Saturday and talks recently broke down over the issue of maintenance work...
  • IMO inches closer to agreement on GHG strategy revision
    While the most ambitious targets being pushed by US, UK and Canada have not been met, the current text suggests...
  • IMO defers guidelines for 'too early' shipboard carbon capture and storage technology
    Guidelines for onboard C02 carbon capture and storage will be incorporated into lifecyle analysis of greenhouse gas intensity of fuels...
  • Buyers backed by US-investors purchase MPC Container Ships feedermax pair
    Sale of 20-year-old and 21-year-old containership pair by MPC Container Ships and its joint venture partner includes their remaining two-year...
  • Hydrogen wars intensify with US' new $1bn initiative
    The Biden-Harris administration's new initiative could offer up to $1bn to help link producers and buyers in the nascent clean...
  • Ofac fine over Swedbank Latvia shipping client highlights need for strict sanctions compliance
    US sanction enforcer moderates penalty after violations deemed non-egregious
  • MAN ties up second big boxship methanol-fuel conversion project
    MAN Energy Solutions is now set to convert 15 boxships owned by tonnage provider Seaspan, in collaboration with container line...
  • Capesizes trend lower as forward curve weakens
    Weaker steel and coal trades have also weighed on dry bulk rates, pulling the Baltic Dry Index below 1,000 points...
  • SSY acquires offshore specialist shipbroker
    The deal to acquire F3 Offshore is the second this year as SSY accelerates its ambition to grow its offshore...
  • Greeks buy bulkers and shed tankers in first half
    Proceeds raised by Greek owners from selling ships were double the amount splashed on acquisitions
  • Grimaldi ro-ro vessel fire in New Jersey claims lives of two firefighters
    The 47,000-gross tonne Costa d'Avoria was completing loading operations when a fire started on deck number 10. The vessel's owner...
  • BP joins Maersk in backing biofuel start-up
    WasteFuel, a start-up planning to develop a global network of plants to convert municipal and agricultural waste into bio-methanol, had...
  • OOCL liftings up but revenue down by 9% compared with first quarter
    Liftings have increased across all of OOCL's route networks, with transpacific volumes up by 8.7%. Elsewhere, Asia-Europe liftings increased by...
  • Japan's largest port Nagoya gradually resumes operation after hacker attack
    A two-day operational halt as a result of the attack has caused significant congestion at the port
  • Human rights groups condemn Portland asylum accommodation plan
    The vessel Bibby Stockholm is being prepared to house asylum seekers at the UK port of Portland. But detractors say...
  • PSA buys into Duisburg Container Gateway project
    Duisburg Gateway Terminal is due to finish its first stage of construction next year. But low-water levels on the Rhine...
  • Daily Briefing
    No shortage of purge-worthy vessels in Panama detention list, but is it willing to pay the price? | Marine insurers...

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The Journal of Commerce web site
JULY 6, 2023
  • Trans-Pacific services get reworked as freight downturn continues
    Ocean carriers are pulling a variety of levers such as cancelled services, new port calls and slow steaming to keep ships on the water in the face of weak demand.
  • Impact of BC port strike could deepen without Ottawa's intervention
    The strike by ILWU Canada, which entered its sixth day Thursday, is expected to have an increasing impact on Canada's trans-Pacific trades if it drags into next week and beyond.
  • Japan's Nagoya port resumes cargo handling operations after ransomware attack
    Ocean Network Express said container operations on three vessels were affected by the disruption, but that loading and unloading had now been completed.
  • Ocean carriers in Europe facing multi-billion-dollar emissions price tag
    While the International Maritime Organization battles to reach agreement on a global carbon levy, the huge cost of compliance with Europe's market-based carbon levies is becoming clearer.
  • 'Nasty' air cargo market puts forwarders under pressure: Xeneta
    Weak demand from key regions in an air freight industry awash with excess capacity is forcing forwarders with block space agreements to fend off aggressive pricing policies by rivals.
  • Carriers in Europe facing multi-billion-dollar emissions price tag
    While the International Maritime Organization battles to reach agreement on a global carbon levy, the huge cost of compliance with Europe's market-based carbon levies is becoming clearer.
  • New capacity wave heading for trans-Pac trade: Sea-Intelligence
    The long-anticipated wave of container ship newbuildings will hit the water by the end of August, despite a weak cargo market that threatens to keep the new ships underutilized.

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TradeWinds web site
JULY 6, 2023
  • Iran seizes vessel in Gulf, a day after two failed attempts
    US Navy decides not to intervene as vessel seized on suspicion of smuggling activities
  • IMO forges 'wish and a prayer' carbon deal as greens bemoan checkpoint targets
    China, Brazil and Argentina push back against targets in line with Paris Agreement
  • Seanergy charters newcastlemax bulker while banking on China and global infrastructure projects
    Capesize market has fallen since late June, but chief executive sees 'very robust' dry bulk demand
  • Methanol newbuilding binge spills over to big tugboats
    Turkish shipyard Sanmar is scheduled to deliver the vessels in 2025
  • Grimaldi ro-ro catches fire off New Jersey, resulting in death of two firefighters
    Fire is still active aboard Italian operator's car carrier Grande Costa d'Avorio after fatal incident
  • Stolt-Nielsen investors not put off by legal battle loss as shipowner stays confident
    Shipping company sees shares jump over 3%, despite tax benefits keeping bottom line above water
  • Singapore's PSA International takes minority stake in German container terminal
    Company says Duisburg Gateway is key to providing green logistics services to Germany's dense industrial hinterland
  • Hapag-Lloyd and Seaspan Corp move on up to 60 methanol engine retrofits
    Container ship owners follow AP Moller-Maersk lead in deal with MAN Energy Solutions
  • Why burnishing shipping's brand has never been so important
    As BLUE celebrates its 15th anniversary, co-founder Alisdair Pettigrew shares his thoughts on shipping's evolving relationship with brand and reputation
  • Schulte Group back at Ulstein for up to six hybrid methanol wind farm ships
    Norwegian shipyard clinches major new deal to help shipowner expand CSOV fleet
  • Hapag-Lloyd and Seaspan move on up to 60 methanol engine retrofits
    Container ship owners follow AP Moller-Maersk lead in deal with MAN Energy Solutions
  • Iran crude exports fall from record post-sanction highs amid China checks
    Increased competition from Venezuela with cut-price crude also linked to cut in demand, says Vortexa
  • Investor in Maxim shipping deals faces fraud charges from SEC for earlier trades
    This week's Streetwise takes a look at allegations of illegal short-selling practices by Sabby Management and principal Hal Mintz
  • Car carrier bull run at risk from encroaching container ships, analyst warns
    VesselsValue's Daniel Nash says box vessels are muscling in as vehicle ships remain sold out
  • Shipowner Victor Restis moves against Newcastle Utd owner over 'unpaid loan'
    Victor Restis is reportedly seeking $47m from Amanda Staveley over a 2008 payment that he claims has not been paid back
  • Pen Underwriting drives marine growth with Norwegian acquisition
    UK-based insurer is aiming to become a £1bn premium company
  • MAN Energy Solutions reveals ammonia engine breakthrough in '911 call' to IMO
    Engine designer puts through emergency call to the IMO that technologies needed for decarbonisation are moving
  • Price rises for Russia's super-size FSU duo as second unit heads for Northern Sea Route
    Two Arctic behemoths being put on location as Russia forges ahead with plans to boost its LNG exports
  • Clarksons expands offshore renewables operation with new Edinburgh office
    UK shipbroking giant bolsters Scottish presence with hub for offshore wind work
  • Iran claims it had court order to seize the Chevron VLCC it fired on
    Gulf state says tanker had been involved in a collision
  • Price rises for Russia's supersize FSU duo as second unit heads for NSR
    Two Arctic behemoths being put on location as Russia forges ahead with its plans to boost its LNG exports
  • BW LPG helm: Anders Onarheim out and Kristian Sorensen in
    The chief executive will vacate his position later this year and be replaced by his deputy
  • US courtroom defeat torpedoes what would have been a record quarter for Stolt-Nielsen
    Without a legal judgment against it, the shipowner would have had a $113m profit instead of the $8.3m it finished with
  • SSY offshore operation grows again with deal to buy German shipbroker F3O
    UK-headquartered shop follows up February takeover of Westshore with another bolt-on acquisition
  • BP invests in Maersk-backed US bio-methanol start-up
    Oil major leads latest fundraising round for LA-based firm
  • Storm grounds pioneering LNG bunker vessel off Amsterdam
    Damage to Gasum-operated gas supply ship being assessed SSY builds offshore operation again with deal to buy German broker F3O
    UK-headquartered shop follows up February takeover of Westshore with another bolt-on acquisition
  • Anders Onarheim out and Kristian Sorensen in at helm of BW LPG
    The chief executive will vacate his position later this year and be replaced by his deputy
  • MPCC offloads final joint venture ships for massive profit, despite rate slump
    German owner makes $29.7m from sale of elderly container vessels acquired in a bank deal six years ago
  • Courtroom defeat torpedoes what would have been a record quarter for Stolt-Nielsen
    Without a legal judgment against it, the shipowner would have had a $113m profit instead of the $8.3m it finished with
  • Gram cashes in on record values in rare sale of car carrier duo
    Norwegian owner offloads smaller distribution vessels built in 2010 and 1996
  • Avance Gas sells penultimate older VLGC for eye-catching profit
    Owner planning to recycle cash into new ships to meet decarbonisation goals
  • Comment: Ghost ship saga reveals challenge of ageing ships and a flawed system
    The system of state port control is fundamentally unsound, but it is doing a job that some flag states are not
  • Cosco Shipping expects 74% plunge in earnings as container rates slide
    Giant Chinese owner says balance between supply and demand has shifted in the sector
  • Singapore's PSA takes minority stake in German container terminal
    Company says DGT is a key gateway to providing green logistics services to Germany's dense industrial hinterland

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American Shipper web site
JULY 6, 2023
  • Amazon Air cuts ties with Silver Airways
    Amazon's private airline that outsources cargo flying to third parties has ended its partnership with Silver Airways, a small regional carrier that operated five small ATR72-500 turboprop planes on small [...]
  • DHL Express christens Atlanta regional hub
    DHL Express cut the ribbon Thursday on the first hub ever opened in Atlanta by an air express carrier.
  • 2 firefighters killed in car carrier blaze at Port Newark
    Two New Jersey firefighters died fighting a blaze aboard the Grimaldi car carrier Grande Costa d'Avorio at Port Newark on Wednesday night.
  • Western Global Airlines sued for nonpayment of logistics services
    Western Global Airlines has hit hard times, losing Amazon as a primary customer, piling up debt and facing at least two lawsuits.
  • Uprooted cargo airlines relocate to secondary airport near Mexico City
    Mexico is kicking out freighter aircraft from the country's busy international airport to address overcrowding. The move to another airport is creating headaches for airlines.
  • Survey: More than two-thirds of CEOs call human rights a supply chain concern
    A new survey from Proxima says human rights within the supply chain are a growing concern for leaders of companies across the U.S. and the U.K. Here's what you need to know.

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FROM THE HOME PAGE
FMC blocks the entry into force of the Gemini Corporation Agreement between Maersk and Hapag-Lloyd in trades with the USA
Washington
It would become automatically effective on Monday, but the US agency requested more information
In the first half of 2024, the traffic of goods in Russian ports fell by -3.1% percent.
St. Petersburg
Dry goods in decrease of 2.7% and dry bulk of -3.5%
In the port of Klaipeda will begin the construction of a new cruise terminal
Klaipeda
It is expected that the work will depart this year
Inaugurated the new Indian port of transhipment
Inaugurated the new Indian port of transhipment
Thiruvananthapuram
The deep water heater in Vizhinjam is managed by the Adani Ports and Logistics
In the second quarter, acts of piracy against ships, but not violence against seafarers, declined.
In the second quarter, acts of piracy against ships, but not violence against seafarers, declined.
London / Kuala Lumpur
Reported 27 attacks compared to 38 in the April-June period of 2023
Underwriting the agreement for the renewal of the Ccnl of the shipowner industry
Rome
Overall increase to the average parameter (nostrome) of 202 euros
Global Ports Holdings accepts takeover offer of the majority shareholder GIH
London
The proposal includes the delisting of the company
West Sicily's AdSP fagocytes the port of Sciacca in its jurisdiction
Shack
The city administration announces the next signing of the delivery record between the Demanium Marittimo and the AdSP
At Italian Rail Network the management of the last railway mile in the port of Gioia Tauro
Joy Tauro
Signed the act of granting the duration of 15 years
The Parliament of Hamburg has approved in the first reading the agreement for the entry of MSC into the capital of HHLA
Hamburg
71 votes in favour and 34 against
In the first half of 2024 the traffic of goods in Turkish ports increased by 3.2%
Ankara
In the second quarter, volumes with Italy returned to growth after seven quarterly periods of decline.
NovaAlgoma orders what will be the world's largest cementier ship
Lugano
Commissioned at Zhejiang Xinle Shipbuilding, it will have a gross grasp of 38,000 tons
Appeal of the shipping industry for the modification of the Carbon Intensity Indicator
London
Intrinsic flaws-explained six associations-counteract with the common goal of reducing greenhouse gas emissions in the maritime sector
Japan's Oriental Land Co. enters the cruise industry by ordering a ship in Meyer Werft
Japan's Oriental Land Co. enters the cruise industry by ordering a ship in Meyer Werft
Papenburg / Urayasu
It will carry out mini cruises with departure from Tokyo as part of a deal with Disney
CMA CGM-Pasqal agreement to introduce quantum computing technologies in shipping and logistics
The EU Commission has approved aid disbursed from Italy to the Caremar maritime services
Brussels
The in-depth investigation of the companies of the former Tirrenia group ended
Royal Boskalis will acquire the entire control of Smit Lamnalco
Papendrecht
Deal to buy 50% percent of capital from Saudi group Rezayat
Last year, intermodal shipments arriving and departing from Italy have significantly decreased.
Brussels
Recorded reductions of -8.8% and -13.1% respectively
Almost total membership-they stress Filt, Fit and Uilt-at the strike days of port workers
Genoa / Rome
Waiting for a fair response in wage terms and protections
Currently 90% per cent of ship arrivals in the port of Singapore are not scheduled
Singapore
"The effect of the crisis in the Red Sea could be aggravated by the next increase in container volumes," Minister Hon Weng said.
Le Aziende informano
ABB completa l'acquisizione del business di routing meteorologico di DTN per la navigazione
La transazione è stata completata oggi, in seguito a un precedente annuncio di accordo con il gruppo globale di dati e analisi DTN
Port Marghera inaugurated the work of the new container terminal Montesyndial
Port Marghera inaugurated the work of the new container terminal Montesyndial
Venice
Di Blasio : It is one of the most important and expected infrastructure works for veneta portuality and the productive fabric of the Northeast
It expects the reduction of maritime traffic in the Panama Canal
Balboa
In the first five months of 2024, the transits of high-fishing vessels were 3,706 (-30.4%)
Port concessions, Financial Economic Plans will have to be drawn up on the basis of a format drawn up by the ART
The State Council has upheld the appeal of the Co. Na.Te. Co. towards the AdSP of Naples for the missed dredgers
The trend of sensitive traffic growth in the port of Bremen / Bremerhaven continues.
Breed
The hike is towed by the containers
Maersk Supply Service will be acquired by Norwegian DOF Group
Storebø / Kongens Lyngby
Transaction of the value of more than 1.1 billion
Assshipowners have no doubts : LNG is the useful fuel for decarbonisation of shipping
Rome
A catalogue of alternative fuels available in every stopover-Messina highlighted-is not reasonably applicable to Italian ports
The US Federal Maritime Commission puts the HMM under observation
Washington
The South Korean company has been included in the list of "controlled carriers"
Spread 41 million euros to improve competitiveness of Italian ports
Rome
Resources also to make the rail and modal transfer more efficient within the scallots
Maersk withdraws from race to acquire German DB Schenker
Copenhagen
Clerc : identified "areas of challenge in the perspective of an integration"
Provisions on the licence plates of new vehicles are likely to damage the activity of port businesses
Genoa
Assiterminal and ANCIP, do not take into account the issues generated in the context of port operations
The Danish government has set up a working group to ensure that the national shipping industry continues to be a leader
Copenhagen
The ports of Los Angeles and Long Beach invest in order to equip charging stations for electric trucks
Los Angeles
Allocated 25 million as part of the Clean Air Action Plan
Acica rentals two new ro-pax ships that will ship from 2027 on routes between Italy and Greece
Athens
Agreement with Swedish Stena RoRo that includes unit purchase options
The Port of Los Angeles will enhance its capacity in the cruises segment
Los Angeles
Call for proposals for a new terminal and for the renovation of the World Cruise Center
In May, freight traffic in Chinese seaports grew by 3.5%
In May, freight traffic in Chinese seaports grew by 3.5%
Beijing
The only containers increased by 8.2%
Crystal commissions two new high-end and next-generation cruise ships at Fincantieri
Crystal commissions two new high-end and next-generation cruise ships at Fincantieri
Munich / Trieste
The agreement includes an option for a third unit
Gianluca Croce is the new president of Assagents
Genoa
Gianluca Croce is the new president of Assagents
Vice presidents have been named Aldo Negri, Roberto De Marchi, Carolina Villa and Maurizio Gozzi.
Paolo Pessina will be the new president of the Federagents
Rome
Paolo Pessina will be the new president of the Federagents
The witness passage will take place on October 25, when Alessandro Santi will cease his term in office.
The first July will become operational the first version of the Sardinia Port Community System
Cagliari
The new telematics platform was presented today in Cagliari
Houthi allegedly targeted two other MSC container carriers
Portsmouth / Tampa
The ships have regularly continued their journey
Commesse for 63.4 million to Somec in cruise ship segment
St. Vendemian
These are units intended for Regent Seven Seas Cruises, Oceania Cruises and Disney Cruise Line
Marsa Maroc will operate the Container Terminal East of the new port of Nador West Med
Marsa Maroc will operate the Container Terminal East of the new port of Nador West Med
Casablanca
Will have an annual traffic capacity of 3.4 million teu
R-Logitech will come out of Euroports and be replaced by a new private majority shareholder
Kallo
The investment companies PMV and SFPIM have temporarily boosted their shares
Hapag-Lloyd cooperates with ZeroNorth for the energy transition of its fleet
Copenhagen
Digital solution for fuel supply and bunkerage planning
In February, Carnival reported revenue and record number of passengers.
In February, Carnival reported revenue and record number of passengers.
Miami
The crucieristic group predicts that strong growth will continue in 2025
In the first quarter of this year, the traffic of goods in Romanian ports increased by 16.1%
Bucharest
Strong drop in loads from and for Italy
Paolo d' Amico has been confirmed as president of the Italian Naval Register
Genoa
Renewed the mandate for the four-year term 2024-2027
Hamburg Commercial Bank has acquired the portfolio in the NIBC's naval credit segment
Hamburg / L ' Hague
It has a value of 992 million
In the first three months of 2024, container traffic in German ports increased by 5.2%
Wiesbaden
The overall volume of goods decreased by -1.1%
US Secretary to the Navy enthusiastic about the acquisition of Philly Shipyard by Hanwha
US Secretary to the Navy enthusiastic about the acquisition of Philly Shipyard by Hanwha
Washington
He is the first Korean shipbuilder to land on American shores and-he specified-I am sure it will not be the last
ALS Customs Services has acquired the Italian Battaglino Customs Services
Hilden
The Milan firm has 79 employees
Approved the 2023 budget of Interporto Campano
Nola
Confirmed Alfredo Gaetani (President) and Claudio Ricci (Managing Director)
The Danish group SGL buys Brazilian Blu Logistics Brasil
Hvidovre
Agreement to acquire the entire share capital
Saipem, commits for offshore activities in Azerbaijan
Milan
In programme activity in the Azerbaijani waters of the Caspian Sea
99.2% million of Fincantieri's 400 million capital increase subscribed to
Rome
Majority shareholder CDP Equity has subscribed to new shares worth 285.8 million euros.
On July 17, the public assembly in Assiterminal will be held in Rome.
Rome
Messina (Assshipowners) : with the renewal of the Ccnl of the shipowner industry valid responses to the needs of workers
At The Spice Container Terminal start the scallops of the 21,000-teu container ships of OOCL
The Spezia
Inaugurated the Onshore Power Supply plant of the port of Valletta
Floriana / Geneva
Every Wednesday "MSC World Europa" will connect to the electric grid of the stopover
PSA, measures to mitigate congestion in the port of Singapore are having success
Singapore
In recent months, it has increased, among other things, the need to handle containers several times.
Presented the XII National Report on the Economy of the Sea
Rome
The sector generates a direct added value of 64.6 billion euros.
Set up in the construction site of Ancona the construction of the extra-aluminum cruise ship Four Seasons I
Trieste
Fincantieri will deliver it by the end of 2025
Hapag-Lloyd announces preliminary results of first semester
Hamburg
The company believes that the second half of 2024 will be better than previous expectations.
In May the traffic of goods in the port of Ravenna decreased by -3.0%
Ravenna
The month of June is expected to decline by -3.3% percent.
The economic-financial analysis of Fedespedi of containerized shipping companies
Milan
Laying of the keel of the new ultra-luxury megayacht destined for Aman at Sea
Genoa
Ceremony in the construction site of St. George of Nogaro of T. Mariotti
Danaos confirms order in China for five new container ships
Athens
Four will have a capacity of 9,200 teu and one of 8,258 teu
In Barcelona the first container terminal in the Mediterranean with electrified quay
Barcelona
On Friday the inauguration of the Onshore Power Supply plant in Hutchison Ports BEST
The revenue growth of Taiwanese Evergreen and Yang Ming continues
Taipei / Keelung
YML orders 9,100 new containers
Inaugurated in Gioia Tauro the quay that will host the pole of naval reparations
Joy Tauro
Agostinelli : This year the container traffic in port will challenge the four million teu
Chinese group Hengli will build a shipyard on the island of Changxing
Dalian
Investment of the value of 1.3 billion
SFL Corporation renews with Maersk the rental of four container ships
Hamilton
The capacity of ships will be high from 8,700 to 9,500 teu
Prysmian, record of installation of a cable in ultra-deep waters
Milan
Test for installation at -2,150 meters
Germany's Rhenus has acquired 15% percent of France's C Chez Vous
Holzwickede
Is specialized in the delivery of goods weighing more than 30 kilograms
Astilleros Armon delivered the dual-fuel ferry Margarita Salas to Baleària
Dénia
Can be powered to liquefied natural gas
Brothers Cosulich orders two new chemical bunkering tankers
Genoa
They will be taken in delivery in the first semester of 2026
Lineage buys the abruzzese supplier of Eurofrigor refrigerated warehouses
Amsterdam
Manages a refrigerated cell structure of more than 24,000 square meters in Controwar
Fincantieri vara to Ancona the cruise ship Viking Vesta
Los Angeles
In mid-2025 it will be delivered to American Viking
At the end the constructive phase of the port of Porto Torres
Cagliari
Entrusted to a Technical Advisory Panel on the issue of the greatest costs of opera
In China, the keel of the new ro-pax has been laid down. GNV Virgo
Genoa
It will be the first ship of GNV's fleet to be powered by liquefied natural gas
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In Genoa, the World Day of Ausile Navigation
Genoa
On August 22, IALA will assume the legal status of intergovernmental organisation
SFL Corporation orders the construction of five container ships from 16,800 teu
Hamilton
Commits the value of a billion dollars to New Times Shipbuilding
In 2023, Fratelli Cosulich recorded financial performance second only to those records of 2022
Genoa
OMT (Accelleron) acquires the OMC2
Reflights
The Company manufactures high precision fuel injectors for marine, stationary and rail engines
Last year, freight traffic in Dutch ports fell by -7.6% percent.
The Hague
Reduction of volumes in all major merceological compartments
Chantier Naval de Marseille will retrofit two other cruise ships of AIDA Cruises
Rostock
They are part of the class "Sphinx"
Genovese De Wave has acquired Inoxking
Genoa
The Company manufactures steel furniture and refrigeration systems for the maritime industry
The downturn of container traffic in the port of Piraeus continues
Hong Kong
Overall, the volumes handled by the COSCO Shipping Ports network have been increased.
MSC gets 97.71% of the capital of Gram Car Carriers
Oslo
In the coming days the acquisition of the remaining shares
Hapag-Lloyd reiterates its own terminalist division
Hamburg
A Hanseatic Global Terminals make 20 container terminals in 11 nations
ADNOC Logistics & Services orders in Korea 8-10 new liquefied natural gas vessels
Abu Dhabi
They will be built by Samsung Heavy Industries and Hanwha Ocean
Kombiverkehr is alarmed at the reduction of DB Cargo services for intermodal transport
Frankfurt am Main
The company is looking for alternative partners
MSC ready to acquire 15% of ADR in Genoa Airport
Genoa
The shipowner group has submitted a binding proposal to buy
Fincantieri will build a fourth NFS submarine for the Italian Navy Navy
Trieste
Commits of the value of 500 million euros
Four major critical areas in view of the entry into force of the FuelEU Maritime Regulation
Rome
Workshop on the theme of the Young Group of Confitweapon
Technical Varo of the second of the four GNV ro-pax ships under construction in China
Genoa
The "GNV Orion", of 52,000 tons tsl, will be taken over in the summer of 2025
Assshipowners have strengthened their structure
Rome
Insertion into the organic of Simone Parizzi, Mattia Canevari and Cesare Crocini
Japan's MOL acquires 25% of the logistics company Tanzaniana Alistair Group
Tokyo
Port of Ravenna, over four million euros destined for new mediums of less environmental impact
Ravenna
A ban on the replacement of the means currently operating in the quay
Rosetti Marino, new committed for offshore EPC activities worth more than 400 million euros
Ravenna
It envisages the realization of the topside of the gas production platform that will be installed off the coast of Libya
They return to grow the revenues of the FedEx express courier
Memphis
In the coming months, a continuation of the current positive trend is expected.
Assagents analyzes the impact on maritime traffic of the geopolitical crises in place
Genoa
On July 9 Adria Ferries will inaugurate a new ferry line between Italy and Montenegro
Ancona
Biweekly service between the ports of Ancona and Bar
State Railways and Eni continue cooperation in the field of alternative fuels
Rome
Mitsui O.S.K. Lines will have 72% of the capital of Gearbulk
Tokyo
You will acquire an additional 23% held by Halberton Holding (Jebsen family)
The Young Shipowners Group of Confitarma launches the website ItalianSeafarers
Rome
Presented the training opportunities offered by the companies and the ITS foundations
In 2023, passengers on MSC Crusere ships nearly doubled.
Geneva
The Explora Journeys business also started in August.
EQT Infrastructure VI fund buys Constellation Cold Logistics
Stockholm / London
Owns and operates 26 refrigerated warehouses in Western Europe and Scandinavia
UPS sells logistics company Coyote Logistics to RXO for more than a billion dollars
Charlotte / Atlanta
In 2023 the asset ceded generated a turnover of 3.2 billion
CMA CGM restructure services in the Mediterranean
Marseille
Changes to the Euronaf and TMX 2 lines scaling several Italian ports
The only retroport of the port of La Spezia is that of Santo Stefano Magra
The Spezia
Shipping agents and shipping agents and customs officers who say no to the hypothesis of other corridors said.
Warriors (AdSP Livorno) : The TDT terminal must maintain its own merceological vocation
Livorno
We expect Grimaldi to develop plans to promote a real growth of containerized traffickers.
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
On July 17, the public assembly in Assiterminal will be held in Rome.
Rome
Messina (Assshipowners) : with the renewal of the Ccnl of the shipowner industry valid responses to the needs of workers
The assembly of Assagents will be held in Genoa on June 25.
Genoa
Event entitled " Mari inquieti. Routes and conflicts : the incognition of traffickers "
››› Meetings File
PRESS REVIEW
Samsung, HMM clash in US over shipping rates
(The Korea Times)
Houthis Mount Biggest Month of Attacks on Ships This Year
(Bloomberg)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Stefano Messina
Roma, 2 luglio 2024
››› File
Emanuele Grimaldi has been re-elected as president of the International Chamber of Shipping
Emanuele Grimaldi has been re-elected as president of the International Chamber of Shipping
Montreal
Confirmed for another two-year term
Lorenzo Giacobbe is the new president of the Young People's Group of Assagents
Genoa
It will be joined by Vice Presidents Pietro Abbona and Andrea Pompei
The ports of Trieste and Monfalcone are allied with those of Cartagena, Riga and North Sea Port
Trieste
Report on work in liguri ports
Genoa
It was carried out by the Italian Academy of Mercantile Academy
Intermodal transport of prefabricated in concrete from Tuscany to Sardinia
Arezzo
Collaboration between the Baraclit Group, the Logistic Pole of the FS Group and the GMake Group
It continues the growth of containerized transhipment traffic in the ports of Algeciras and Valencia
Algeciras / Valencia
In May in the two shelves the transshipment containers increased by 8.4% and 12.0%
Kombiverkehr, in 2025, will double in Germany the costs of using rail lines for the transport of goods
Frankfurt am Main
Krebs : in the worst case we will stop transport
They rise to 88 the companies associated with Assiterminal
Genoa
Membership of seven new companies
Brothers Cosulich acquired the genovese Slavetti Enzo
Genoa
It operates in the field of production and sales of hardware products for the shipbuilding and nautical industry
Likely sinking of the renaissance Tutor attacked by the Houthis
Portsmouth
Signaled the sighting at sea of debris and hydrocarbon chiaths
EU Council agrees to its position on new regulation on the European Maritime Safety Agency
Brussels
Also adopted the general approach on the regulation on the use of the capacity of the railway infrastructure
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