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22 October 2024 - Year XXVIII
Independent journal on economy and transport policy
10:30 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
Maersk estimates that in the third quarter, its revenues grew by 30% percent.
Copenhagen
Sharp gains in EBITDA values and quarterly EBIT
MSC expands the network of port terminals and technical-nautical services with the acquisition of control of Wilson Sons
Rio de Janeiro
It will acquire 56.47% of the share capital for about 764 million
New historic record of quarterly container traffic in the port of Los Angeles
Los Angeles
In the April-June period of this year, almost 2.9 million teu (+ 26.3%) were handled.
Letter to the EU to urge the abolition of the tax exemption for fossil fuels used by aircraft and ships
Brussels
Twenty-one organizations list the reasons for cancelling it and the benefits that would result in it
Spain's Boluda buys Finnish towing company Yxpila Hinaus-Bogsering
Valencia
The Scandinavian company has a fleet of six tugboats
Konecranes expands its presence in the Dutch market for port and intermodal means
Hoogvliet / Helsinki
The group will acquire two branches of the Peinemann
Two new ship-to-shore cranes for the container terminal of the port of Rijeka
Two new ship-to-shore cranes for the container terminal of the port of Rijeka
Rijeka
They are part of an investment of 200 million euros in the first phase of the project
New ro-ro service between the Turkish port of Matras and the port of Trieste
Istanbul
Made by DFDS, it provides for two weekly rotations
GTS doubles the frequency of the intermodal link Piacenza-Nola
Rome
From Monday it will rise from three to six weekly rotations
Royal Caribbean collaborates on a project to realize a cruise terminal in Juneau
Juneau
It is expected to be completed in the crucieristic season 2027
New historical record of quarterly traffic of containers in the port of Long Beach
Long Beach
In September the growth stopped
Genovese AdSP does not rule out the appeal of the ruling by the Council of State on the concession to Spinelli
Genoa
The institution will ask for clarification of State Advation
Spinelli will propose a decision to revoke the ruling of the Council of State which cancelled the concession to Genoa Port Terminal
Genoa
Adopted the delegated act for the inclusion of ships in service of the offshore industry in the European MRV Regulation
Brussels
The application of the standard is planned at the beginning of next year
The State Council has upheld the appeal of SECH against Spinelli's "full container" activity in the port of Genoa
Rome
The ruling notes "an obvious distortion of the competitive attitude as regulated by the port plan".
Fedespec calls for changes to customs reform
Milan
The risk is a strong negative impact on the national import and export business and the efficiency and competitiveness of the logistics system
Oriental Liguria's AdSP lists the benefits of passing Carrara's port under its jurisdiction
The Spezia
New historical record of quarterly container traffic in the port of Singapore
Singapore
In the July-September period of 2024, almost 10.5 million teu (+ 5.1%) were handled.
In the first nine months of 2024, freight traffic in Russian ports fell by -3.5% percent.
St. Petersburg
In the third quarter alone, 218.8 million tonnes were handled (-1%)
In the second quarter of 2024, freight traffic in the ports of Naples and Salerno marked increases of 9.2% percent and 0.2% percent.
In the second quarter of 2024, freight traffic in the ports of Naples and Salerno marked increases of 9.2% percent and 0.2% percent.
Naples
13.3%-year-old Cruserists in the capital's capital span and down -21.2% percent in the Salernitan scalp.
Spain's Navantia in talks to acquire British shipbuilding company Harland & Wolff
London
Expected deal by the end of November
Le Aziende informano
ITS Costruttori, il futuro dei cantieri inizia in Accademia
Oltre 420 posizioni aperte in 17 corsi totali, con un tasso di occupazione post diploma di circa il 95% in media
The Montenegrin port of Bar plans to buy two new mobile cranes
Bar
They are needed to replace the means of lifting damaged by the storm last July
Work at the cruise terminal in Calata Paita, in the port of Spezia, prevents the arrival of cruise ships
The Spezia
By the end of the year the Grimaldi group will order nine more new ro-pax ships
Athens
They will be employed in the Mediterranean and the Baltic
New intermodal link between the port of Venice and Montyone (Brescia)
Venice
With a load capacity of 46 containers, the initial programming provides for 50 rotations per year
In the third quarter the container traffic handled by Trieste Marine Terminal grew by 7.5%
Trieste
In the first nine months of this year, a decline of -3.0% percent
Interporto Padova, new Customs office and the entire intermodal terminal will become customs area
Padova
Agreement to develop further fast customs arrangements with ports in addition to those already active with Genoa, La Spezia and Gioia Tauro
In the first nine months of 2024, the number of piracy acts against ships was the least high since 1994.
In the first nine months of 2024, the number of piracy acts against ships was the least high since 1994.
London
In the July-September period, only 19 have occurred.
Switzerland to ease rules for the enrollment of ocean vessels at the national naval register
Bern
The aim is to increase the number of ships flying the Swiss flag.
Four new ship-to-shore cranes have arrived in the harbor of Gioia Tauro
Four new ship-to-shore cranes have arrived in the harbor of Gioia Tauro
Joy Tauro
Two more will arrive at the end of the month. In the first nine months of 2024, container traffic in the Calabrian climbed increased by 10.4% percent.
Next year the world's coast guard organizations will meet in Rome.
Rome
In 2025 the Italian Coast Guard will preside over the three international forums : European, Mediterranean and global
Last August, shipping traffic in the Suez Canal declined by -49.1% percent.
Last August, shipping traffic in the Suez Canal declined by -49.1% percent.
The Cairo
In the first eight months of 2024, the decline of the transits was -48.4% percent.
Satisfaction of Assoports, Filt Cgil, Fit Cisl and Uiltransport for the assumption of agreement on the contract of port workers
Rome
It allows-they stress unions-the recovery of the purchasing power of the wage
In the first half of 2024, FS Italiane's Logistic Pole posted record operating revenues and rising 13.0%
Rome
Net profit of 65 million euros, down from 22 million euros
Initiates the agreement for the renewal of the contract of port workers
Initiates the agreement for the renewal of the contract of port workers
Genoa
Assiterminal, in the end the responsibility of all of them prevailed
Turkey's METAG Holding has signed an agreement for the construction of the Somali port of Hobyo
Turkey's METAG Holding has signed an agreement for the construction of the Somali port of Hobyo
Mogadishu
It is located near the Strait of Bab el-Mandeb
Fincantieri, cutting off the first sheet of the first of two ultra-luxury cruise ships for Regent Seven Seas Cruises
Venice
It will be delivered in 2026
Mercitalia Rail starts transport of the new Frecciarossa 1000 of Trenitalia from Pistoia to the Czech Republic
Pistoia
They are headed to the Velim Test Center
New ro-ro traffic at the San Cataldo Container Terminal in the port of Taranto
Istanbul
Two ships have landed more than 1,500 vehicles
Uiltransport urges the Venice AdSP to review the ban on temporary port work
Rome
Verzari : umpteenth attempt to unload the current balance in the national port system
Concluded the first start-up phase of the Port Community System of the AdSP of the Straits
Messina
On 23 and October 24 meetings with stakeholders for the further development of the system
Guido Grimaldi confirmed president of the Logistics Association of Sustainable Intermodality
Rome
ALIS celebrates eight years of life
File the charges against four employees of the AdSP of the South Tyrreno and Ionian
Joy Tauro
The Gip of the Palmi Tribunal in Palmi has been definitively established.
In the third quarter, new orders to the ABB group grew by 1.8% percent.
Zurich
Revenue up 2.3%
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Visit by Giani, Guerrieri and Macii to the Darsena Europe shipyard in the port of Livorno
Livorno / Florence
In the port of Piombino inaugurated the new plaza in front of the quay of the regasification ship
Gruber Logistics opens its own first headquarters in the Middle East
Time
Initially the new Dubai branch will focus on cargo project and air and sea transport.
Delivery of works for the completion of the port of Tremestieri
Messina
They are expected to be completed in two years
Spediporto has organized a two-day trip on the Green Logistic Valley and Italy-China trade
Genoa
In the third quarter of 2024, container traffic in the port of Hong Kong decreased by -7.1%
Hong Kong
In the first nine months of the year, the decline was -5.7% percent.
CEVA Logistics constitutes a joint venture with Saudi Almajdouie Logistics
Riyad
It will operate the transport-related and logistical activities carried out by the two companies in Saudi Arabia
Concern of the Spezia's maritime agents for the possible curb to cruise traffic in port
The Spezia
APSEZ completes the acquisition of 95% of the company that operates the Indian port of Gopalpur
Mumbai
The port climber has a traffic capacity of 20 million tonnes per year
Fit Cisl La Spezia, no to the passing of the Carrara port management at the AdSP of the Northern Tirreno Northern
The Spezia
The Tuscan port has benefited from substantial financial resources from the Via del Molo.
Changed Risso enters the capital of Maritime Maritime Agency Ravennate
Ravenna / Genoa
Established a joint venture joint venture
Minerva Bunkering has purchased the US Bomin Bunker Oil
Singapore
The American company has been ceded by Germany's Mabanaft
Approved the new safety regulation of the port of Genoa
Genoa
Processed by the Capitaneria in Porto with the involvement of port operators, it will enter into force on the first November
Evergreen's trend of revenue growth continues, Yang Ming and WHL
Taipei / Keelung
In September 2024, however, a double-digit percentage decline was recorded compared to the previous month.
Ferfreight's proposals for the infrastructural development of the last mile and for the resolution of criticalities
Padova
High-automation drones to surveil the areas of Interporto Padua
Padova
They take off and land in a "robotic hangar"
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
Spediporto has organized a two-day trip on the Green Logistic Valley and Italy-China trade
Genoa
It is scheduled on 22 and October 23
In Mantua the annual meeting of the European Federation of Inland Ports
Mantova
››› Meetings File
PRESS REVIEW
Russia and India join forces in the Arctic, leaving China aside
(News.Az
The Overlooked Legacy of Black Dockworkers: Forging Justice On America's Waterfronts
(BET)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Rexi : Financial will not introduce increases in the cost of diesel for self-transport
Rome
They are not expected-he assured-changes to the current tariffs
In Mantua the annual meeting of the European Federation of Inland Ports
Mantova
Tomorrow the international workshop "HyMantoValley project Creation of the Hydrogen Valley in the Valdaro inland Port"
Joy Tauro, possible further extension of the Agency for the administration of labour in port
Joy Tauro
Agostinelli : It will be required in the event of failure of the next meeting for the establishment of the ex art enterprise. 17
In the port of Gioia Tauro, 280 kilos of cocaine were seized
Reggio Calabria
More than 40 million euros could have been made in the market.
Baker Hughes to renounce industrial settlement in the port of Corigliano Calabro
Joy Tauro
Agostinelli : who did not want this project to enjoy this tragic victory!
VARD will build a Commissioning Service Vessel to Navigate Capital Partners
Trieste / Ålesund
It will be delivered in the second quarter of 2027
Liguria, Piedmont, Lombardy, Apulia, Calabria and Liguria have signed up to the Mit.
Rome
The Regions integrate with own resources the state appropriation
Fatal accident in the port of Naples
Naples
A worker lost his life overwhelmed by a mechanical means
Partnership of Magellan Circle and EETRA to promote sustainability in the port and logistics sectors
Agreement for the design and realization of a new maritime railway station in Savona
Savona
The link between the Savona Parco Doria station and the new plant is expected to be adapted.
In the third quarter, the revenues generated by the OOCL container business grew by 73.7%
Hong Kong
Volumes of truckloads transported increased by 3.6%
On Wednesday, Padova will take over the third edition of Green Logistics Expo
Padova
Among the appointments, the States Generals of the Logistics of the North East and Mercintrain
Three new appointments to top executives of TESYA group companies
Milan
Pierre-Nicola Fsheep new general manager of group, Flavio Castelli new CEO of CLS E Vincent Albasini new CEO of CGTE
Rixi : winning idea for a maritime country is the possibility of having foreign shareholdings with concessions in extra-European ports
Naples
They would be useful-he explains-to stabilize the logistical lines in every geopolitical condition
Port of Spezia, in mid-2025 the electrification of the Molo Garibaldi will be completed
The Spezia
In recent days in Estonia the test of the robot from the quay will connect the power grid to the ship.
New training project of Assologistics in collaboration with Randstad Italia
Milan
Creation of a digital platform to facilitate management and fruition of training courses
A Vietnamese delegation in Geneva to increase cooperation with MSC
Hanoi
Proposal participation in the project of the new deep-water port in Lien Chieu (Da Nang)
A strike blocks the ports and airports of Corsica
Ajaccio
Protest against the assumption of entrusting its management through a contest
The Transport Regulatory Authorities of Italy and France have started a cooperation
Paris / Rome
T&E, the only system based on a Global Fuel Standard is not enough to decarbonize shipping
Brussels
The organization highlights the need for it to be accompanied by the application of a global tax on emissions
The AdSP of the East Ligurian Sea completes acquisition of 2.4% of the capital of CEPIM-Parma Interport
The Spezia
Buy the share of the Municipality of La Spezia and of the Riviere Chamber of Commerce in Liguria
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