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JUNE 13, 2023

Shyam Jagannathan is the new Director General of Shipping Deendayal Port shuts down due to Cyclone Biparjoy Jeddah new port call in Asyad Line's REX service Multi Modal Logistics Park to come up in Pithampur DCI aiming high in FY24 NYK affiliate receives maritime industry's first approval for ambient temperature containment system for liquefied CO2 Asia-Pacific Supramax & Panamax time-charter equivalent rates slump Supply chain reliability deteriorates, prompting pulling forward of orders ahead of peak season INDIAN PORTS ASSOCIATION Mandatory submission of export & import permits to carriers for all Singapore shipments under Manifest Reconciliation Statement (MRS) scheme Smartphones among five most exported commodities JNPA SEZ is future-ready Task force formed for fresh logistics cost estimate Quay side operation halted at Pipavav DP World incentivises modal shift to rail in UK APM Terminals extends concession of Kalundborg container terminal & introduces new customer services Terminal charges to rise at Australia's Port Kembla Flanders announces Gateway²Britain to make trade with UK frictionless; important role for Port of Antwerp-Bruges India's GDP seen growing at 6-6.3 pc in Q1: Moody's India, US in talks on mutual duty withdrawal New Mangalore Port's new Scale of Rates N. Korean missile tests seen as threat to commercial shipping

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JUNE 13, 2023

Waberer's receives 50 lightweight semi-trailers Bringing the birds back to Britain 1,000 reefers to expand MMX service Two logistics groups join forces in East Africa Ten days paid fertility leave Astral Aviation: scheduled flight to Tel Aviv ASI service to boost Pakistan's trade Canada seizes AN-124 Volta Trucks launches service centre in UK Expanded activities in Samea region Stena Line to relocate at Port of Gothenburg Kuehne + Nagel: changes in management team Collecting milk without much noise Automatic small parts store to speed up processes Avianca: a VP to head strategic projects "Curiosity of the Day" Driversim for MIT More capacity at Chicago O'Hare Intl Airport

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JUNE 12, 2023

Late peak season on the cards? Some carriers not giving up hope Cyclone shutters already congested ports on India's busy west coast MSC's next (rumoured) EM takeover to take pulse of M�rsk, CMA CGM Pittsburgh Airport 'on a mission' to attract cargo, with SAF as a lure OceanX: Melting pot Things in ocean freight not as bad as they seem, believes Yang Ming CEO Clearer road or more bumps ahead for US trucking: depends who you ask

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JUNE 12, 2023

Patrik Dahlgren joins NCLH as EVP, vessel operations Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) has appointed cruise industry veteran Patrik Dahlgren as its new executive vice president, vessel operations. Dahlgren will oversee marine and technical operations, hotel operations, entertainment, OCI Global will fuel the world's first green methanol powered container vessel Amsterdam-headquartered OCI Global (Euronext: OCI) reports that it will be fueling the maiden voyage of the world's first ever green methanol powered containership in a new partnership with A.P. Moller-Maersk. In a Artemis to demonstrate electric foiling CTV at Ørsted wind farm Belfast, Northern Ireland, based Artemis Technologies is leading a demonstrator project to prove the offshore wind industry capabilities of its first electric foiling crew transfer vessel (CTV) and daughter craft, the Artemis Ship Repair USA: Where to find funding for repair yard upgrades Shipyards are forever looking for ways to find more money for updates, upgrades and new features that will make the shipbuilding and repair process more efficient and cost-effective, and this is especially A2B-online says its bright orange newbuild duo will be very green Moerdijk, Netherlands, based A2B-online says that two 650 TEU containerships it has on order at Turkey's Sedef Shipyard have been designed with sustainability in mind and will be equipped with the latest Ship Repair USA: How to quantify and measure propeller damage Damage to propellers from ice, debris and corrosion can be a costly fix. Speaking more on this topic at next week's Ship Repair USA conference on June 20-21 in New Orleans is GPA's Lynch: Future of U.S. container trade starts in Port of Savannah Domestic and international factors are lining up for the Port of Savannah to set the pace for growth in America's global container trade. That was the message of Georgia Ports Authority (GPA) Corps awards dredging contracts worth over $100 million The U.S. Army Corps of Engineers (USACE) on Friday announced the awards of dredging contracts totaling $100,195,051. Awarded by three separate engineer districts, they went to:

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JUNE 12, 2023

ABP's Port of Ipswich marks record cargo throughput UK's port and terminal operator Associated British Ports (ABP) announced that the Port of Ipswich handled over 1 million tonnes of exports and imports from the start of the year until the end of May 2023. ABP highlighted that it is making 2023 a record-breaking year for the port's role in supporting British trade and Suffolk businesses. More specifically, on Tuesday 30 May, around 13,500 tonnes o DSV introduces internal carbon fee to fund new sustainability projects DSV, a global transport and logistics company, has launched a global funding programme to invest in sustainability initiatives across the organisation. More specifically, the internal carbon pricing fee is charged to all DSV subsidiaries, and their contributions will be based on the level of CO2 emissions within their operations. The funds generated are being used to invest into innovation progra Toppling crane crushes Wuhu Shipyard security post, kills three Three security officers at Wuhu Shipyard were killed when strong winds caused a gantry crane to topple onto a security post in the Chinese shipyard. A press statement released by Anhui Province's Emergency Management Department said that in the incident on 10 June, around 9.20 pm local time, winds reached force 12, blowing over the 450-tonne crane. Wuhu Shipyard, known for building tankers and bu Italy's main reefer container port leverages technology to reduce rehandling moves A provider of cloud-based supply chain execution and visibility technology solutions Kaleris has announced the successful implementation of the Navis N4 Expert Decking solution to manage and optimise yard planning at the Terminal Darsena Toscana (TDT). Livorno port's terminal was able to accomplish a lot of goals using N4 Expert Decking as part of its new yard planning strategy such as employing PSA Chennai reaches 10 million TEU milestone PSA Chennai in India has recently marked a historic milestone by carrying its 10 millionth container during May 2023. The Indian terminal's strategy for the future is to increase its client base, extend its services, and secure its position as the region's major box terminal. PSA Chennai intends to accomplish this by focusing on the expansion of rail connectivity to connect all major Inland Conta A2B-online orders two sustainable boxships at Turkish shipyard A2B-online, a provider of flexible trailer, container and shipping services has announced the construction of two sustainable vessels of 650 TEUs. The company is implementing a fleet revitalisation programme with an eye on the long-term and as it replaces its older tonnage, A2B-online has chosen to construct new boxships focussing on sustainable performance. The new vessels aim to reduce CO2 emis Four STS cranes to boost APM Terminals Mumbai capabilities The final batch of equipment at APM Terminals in Mumbai, India arrived on 20 May through the vessel Zhenhua 24, which carried four ship-to-shore (STS) cranes. According to APM Terminals, the crane offloading finished by the end of May. The terminal operator said it is working hard to commission its new equipment and reopen the facility by early September 2023. Also, the company noted it is gettin Cyclone warning: India's major west coast container ports suspend operations As "Cyclone Biparjoy" is developing into an extremely severe storm, port authorities on India's Gujarat coast have been told to suspend marine operations until further notice, according to industry sources. The affected ports include Mundra, the country's busiest container handler. "All ships anchored are advised to take all necessary steps for their safety, which include steaming out to high sea Port of Felixstowe receives six new electric rubber-tired gantry cranes Hutchison Ports-operated Port of Felixstowe has received six new semi-automated remote-controlled electric rubber-tyred gantry cranes (RCeRTGs) from Finnish manufacturer Konecranes. This is the first part of Hutchison Ports' order for 17 new cranes at the United Kingdom's major container port. The new cranes were unloaded at the port's Trinity Terminal before being moved to Berths 8 and 9, where French terminal operator orders Kalmar electric reachstackers Kalmar has agreed to supply two Kalmar electric reachstackers to French multimodal terminal operator BTM. The machines will be used at Terminal Ouest Provence (TOP), a new multimodal terminal set to open in the second quarter of 2024. The new equipment is expected to arrive at the French terminal in the first quarter of 2024. TOP is a new intermodal terminal being built to the north of Marseille Hapag-Lloyd enhances North Europe - America services German ocean carrier Hapag-Lloyd announced changes in two services, connecting North Europe with Latin and North America. In particular, Hapag-Lloyd's Atlantic Loop 5 (AL5) service, which provides links between North European ports and North American regions, will now include a new weekly eastbound call at the port of St. John in Canada. The updated rotation of the AL5 service will be as follows: HMM bids US$233 million for Hyundai LNG Shipping in diversification move South Korea's flagship container carrier HMM is understood to have submitted a KRW300 billion (US$233 million) bid for Hyundai LNG Shipping early in June 2023, as the group is reportedly reducing its dependence on box shipping. Hyundai LNG Shipping, which owns 16 LNG carriers and six very large gas carriers, was originally part of HMM, but was divested back in 2014 when the latter began facing fi Port of Melbourne expansion project to boost yard capacity by 50% The expansion project of Melbourne Port's Victoria International Container Terminal (VICT) is on schedule to be operational by 2024. After the completion of the US$160 million project, the terminal, operated by International Container Terminals Services, Inc. (ICTSI), is expected to handle two 336-meter container vessels simultaneously, according to the recently appointed VICT CEO Bruno Porchiett US container imports down to pre-pandemic levels The United States ports covered by Global Port Tracker handled 10.5 million TEUs of containers in the first half, representing a decrease of 22.3% year-on-year. "Import container shipments have returned to the pre-pandemic levels seen in 2019 and appear likely to stay there for a while," commented Ben Hackett, founder of Hackett Associates. Hackett compiles Global Port Tracker reports together wi HHLA enhances box terminal equipment with three STS cranes from Liebherr Port equipment manufacturer Liebherr Container Cranes will supply three big dual trolley ship-to-shore container cranes (STS) to German operator Hamburger Hafen und Logistik AG (HHLA) for use at its Container Terminal Altenwerder (CTA) in Hamburg. "The upgraded cranes represent an important step forward in Liebherr's long-standing relationship with HHLA," said Liebherr in a statement. The newly a

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JUNE 12, 2023

BW Offshore sheds Espoir Ivoirien FPSO BW Offshore has been able to sell one of its three remaining African-based FPSO vessels which it put up for sale. Monjasa adds to fleet with double tanker swoop Danish bunker supplier Monjasa has bolstered its operations across West Africa and the Arabian Gulf with a double tanker acquisition. The 2009-built Monjasa Thunder, formerly Solando, has been picked up for $18.5m from Donsotank Rederi, according to VesselsValue data. The 19,991 dwt vessel is currently inbound to Lomé, Togo, following a renewal survey, name change ... Baltic Workboats to build Damen CTVs in Estonia Damen has teamed up with Baltic Workboats to build one of its CTV models in Estonia for use in the offshore wind market. Ocean Wilsons reviewing Wilson Sons ownership London-listed Ocean Wilsons Holdings has launched a strategic review of its Brazilian maritime services subsidiary, Wilson Sons. The Bermudian investment firm said in a filing that the review, which will consider all potential strategic options, is currently at an early stage and there can be no certainty as to its outcome. Ocean Wilsons owns 57% ... Fredriksen buying DOF stake in upcoming IPO Shipping magnate John Fredriksen has committed to buying DOF shares for around $23.2M in the upcoming IPO. A2B-online books multi-fuel containerships in Turkey European shortsea container carrier A2B-online has revealed an order at Sedef Shipyard in Turkey for the construction of two 650 teu eco-design containerships. The Dutch-based company, which operates seven boxships, said the new units have been designed with sustainability in mind and will be equipped with the latest technologies to reduce CO2 emissions significantly by ... GC Rieber Shipping to distribute Shearwater stake to shareholders Norway's GC Rieber Shipping has moved to give its stake in offshore seismic firm Shearwater Geoservices to investors. The Oslo-listed shipowner is proposing a distribution of 5m shares equal to 8.5% stake it owns in Shearwater as an extraordinary dividend. GC Rieber said it plans to distribute one share in Shearwater for every 17.22 shares ... Jan De Nul fixes wind farm installation duo to RWE Belgian marine contractor Jan De Nul has sealed a long-term deal with German utility RWE for two of its next-generation offshore wind installation vessels. The deal covers the exclusive and long-term charter of the heavy lift vessel Les Alizés and the world's largest jackup installation unit, Voltaire. RWE said that both vessels can be used ... New partnership formed to produce green hydrogen offshore Spain and Portugal French renewable hydrogen producer Lhyfe has joined forces with Spanish renewables utility Capital Energy to develop offshore renewable hydrogen projects in Spain and Portugal. Under the agreement, the two companies said will work together to create hydrogen production sites at some of the 7.5 GW offshore wind farm sites currently being developed by Capital Energy ... Nancy Karigithu: My bid to make the IMO more proactive In just over a month shipping will find out who its next chief regulator will be with voting for the next secretary-general of the International Maritime Organization (IMO) scheduled for July 18, and the winner set to take the reins from incumbent Kitack Lim from January 1 next year. Seven people from four continents have ... GMS scores two contract extensions Gulf Marine Services has won two contract extensions in the Gulf Cooperation Council region. Tension remains high along the US west coast The war of words between employers and unions at ports along the US west coast continued over the weekend. However, at key terminals there were signs of greater productivity after more than a week of disruption that has caused serious concern among shippers. The employers in the form of the Pacific Maritime Association (PMA) said ... Three killed as violent storm topples Wuhu Shipyard gantry crane Three people were killed at Wuhu Shipyard in China after heavy winds toppled a crane, as storms caused damage across the country. The deaths occurred after the 450-tonne gantry crane keeled over on Saturday into the security post where the three staff were stationed. Local news outlets report, citing the Emergency Management Department of Anhui province, ... PGS survey contract terminated Norwegian seismic player PGS has been informed during the weekend of a 3D survey contract termination involving the . The 2013-built Ramform Titan was contracted by an unnamed major international energy company in late March. The vessel was supposed to begin mobilization for a 3D exploration survey in June with the acquisition to be completed ... NMG Energy sells aframax for $38m In the last couple of years, Greek owner NMG Energy has been one of the most active Greek owners in S&P, raking in millions as a smart asset player. In 2022, VesselsValue listed 11 ships out and four in, while in 2021, 10 ships were added while nine ships were sold. The year 2023 appears ... MSC seeks 8,000 teu newbuild series The world's largest containerline, Mediterranean Shipping Co (MSC), is shopping again in Asia for more newbuilds. Maersk Broker is reporting MSC has approached top yards in China and South Korea for a new series of dual-fuelled 8,000 teu ships, with MSC tipped to be enquiring for both LNG and methanol dual-fuel vessels. MSC, which recently ... Meadway orders handysize bulker at Oshima Greek owner Meadway Shipping & Trading has contracted Oshima Shipbuilding for a handysize bulker newbuild, taking its orderbook at Japanese shipyards to eight. No price has been revealed for the 42,300 dwt vessel that the Costas Dellaportas-led outfit expects to deliver in the first quarter of 2026. Handysize newbuilds averaged about $30m this month, as ... Replacement tanker tonnage urgently required The skewed demographics of the world's tanker fleet will lead to a shortage of available tonnage in the years ahead, according to a new report from brokers Gibson. A mix of ships trading for longer lifetimes thanks to the growth of the dark fleet hauling Russian cargoes, combined with a minimal orderbook has made for ... Leadership change at Eneti's Seajacks Eneti's Seajacks has appointed Sebastian Brooke as its new chief executive officer with immediate effect. Brooke will step up from the chief operating officer position to take over from Blair Ainslie, who has decided to retire after 17 years with the company. The duo formed Seajacks in 2007, and today the UK-based firm has a ... New journalist joins the Splash ranks After a global search spanning six months, Splash can reveal today the latest journalist to join the ranks of the fast expanding shipping media company. Bojan Lepic, who hails from Bosnia, is an English language professor turned journalist with years of experience

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JUNE 12, 2023

Bulk carrier detentions on the rise The industry group says its members have better performance than the overall average in terms of detentions and deficiencies based... Disruption resumes in the ports of Los Angeles and Long Beach After reporting the situation in US west coast ports has 'improved' on Friday - with the exception of Seattle -... Maersk secures bio-methanol for first dual-fuel vessel's maiden voyage The 2,100 teu feeder boxship will bunker with bio-methanol for its maiden voyage from South Korea's Ulsan to Copenhagen in Denmark US set to cross $250m in sales of Iranian oil The US has sold seized Iranian cargos worth $207m since 2020, court documents show, although a legal challenge is keeping... Delaying IMO action will increase decarbonisation costs and risk fragmented regulation, UN warns The UN Conference on Trade and Development has published its expert review on proposed measures to tackle shipping's decarbonisation under the... Box spot rates give up gains as demand remains subdued Gains made in early June have fallen away. Peak season expectations are being lowered Methanol boxship orderbook hits 92 vessels as shortsea operator adds feeder duo Small feeder newbuildings will be deployed between Moerdijk, Netherlands and Immingham, UK, and feature methanol-capable propulsion together with a hybrid... SGX looks to develop the BDI as hedging tool The lockdown era shone a light on shipping and financial names wanted to be involved but did not know which... OS 35 master gets four-month suspended sentence for Gibraltar collision The 53-year-old captain, who has been on bail since his arrest, is due for sentencing later this week in relation to... The week in charts: Increase in incidents of deaths at sea | Russia's dark fleet tankers shift class to India Shipping Register | Carriers' market shares drops post-pandemic Capesize rates recover, bauxite trades remain strong even as Indonesia bans exports, US import volumes to continue rising sequentially UN secures insurance cover for FSO Safer operations Fidelis MGU has been appointed lead underwriter in a complicated cover for the UN-led operation to safely remove oil from... Ukraine government approves maritime compensation scheme Ukrainian officials hope the $500m insurance fund will enable trade outside the framework of the Black Sea Grain Initiative in... The week in newbuildings: Alternative fuel ships provide lion's share of orders Shipowners are increasingly ordering new tonnage that is capable of operating on alternative fuels from the outset, or with varying... Bullish outlook remains for tankers, despite Opec+ supply cuts China's economy recovery has failed to impress so far, but its demand for crude is expected to have a seasonal... Italian special forces board Türkiye-flagged ro-ro to stop hijack Italian armed forces have stormed the Türkiye-flagged Galata Seaways to stop an attempted hijack by 15 individuals armed with knives... Tanker sector facing looming shortage, warns Gibson Year-to-date orders for aframaxes and long range twos are at their highest since 2017. There have also been a few... Three killed as gantry crane crashes down in strong wind at China's Wuhu Shipyard The 450-tonne crane was not in use at the time of the accident and an investigation is underway Türkiye raises transit fee for straits The decision is intended to increase foreign exchange revenues for Türkiye, as the Turkish lira has been sharply depreciating against... Daily Briefing Decarbonisation is shipping's D-Day | Increase in incidents of deaths at sea | Dark tankers await clearance into China's oil...

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JUNE 12, 2023

Maritime employers seek White House help with West Coast contract impasse The Pacific Maritime Association hopes Labor Secretary nominee Julie Su can get ILWU negotiators to move closer to a level of wage increases that puts an agreement within reach. Maersk makes 'gap filler' move to secure green methanol for new vessel The deal made by the carrier highlights the challenges of securing the supply of green methanol from a global market that is in its infancy. ILWU Canada, employers keep up talks as they await results of strike vote Canada's International Longshore and Warehouse Union are set to meet with employers this week, while the union tallies the results of a strike authorization vote. Summer doldrums pressure MPV sector, but long-term view positive Sentiment is more positive in the longer term, with industry observers predicting a rebound in rates from 2024 onwards due to stronger cargo volumes and tight tonnage supply.

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JUNE 12, 2023

OCI Global to fuel first ever green methanol container ship for Maersk Exclusive deal ensures fuel supply for Maersk Solstice's debut this summer Norwegian Cruise Line Holdings creates post focused on newbuildings and refurbishment Role will be filled by Robin Lindsay, former vice president of vessel operations Grimaldi boosts Greek holdings with second state port buy Italian shipping major has so far spent more than €160m on two government-owned terminals in Greece Turkish shipbuilding steps up a gear with Tersan tanker order Methanol-fuelled chemical vessels will be the biggest tankers to be built in Turkey in several years Monjasa buys product tanker double in 'challenging' S&P market Capture of Swedish and Singaporean ships will boost bunkering capability in West Africa and the Middle East UN working 'day and night' to boost Black Sea grain exports, says Abdullah Dashti Russia warns of long-term impact on the UN-backed programme after ammonia pipeline blast In pictures: Sun shines on shipping at TradeWinds party Reception on the Christian Radich brings out famous names from around the world Streetwise: A ho-hum shareholder meeting is music to the ears of Seaways management This week's Streetwise takes you to International Seaways' annual shareholders meeting, where the potential for open conflict yielded to the status quo - for now BW Offshore sells another FPSO as divestment continues Espoir Ivoirien was sold for $20m, one of seven ships the company is looking to shed Market analysis: Has the bubble burst on Japanese dry bulk sale and leaseback deals? Higher interest rates, currency concerns and lower demand have led to a halving of market Nimbler Uni-Tankers seals massive turnaround with record profit Danish product tanker player says streamlining measures and strong markets have filled its coffers A2B-online inks debut newbuild deal for eco-feeder container ships at Turkish yard Company's first order involves 650-teu ships with multi-fuel methanol propulsion Hong Kong recycling convention on the brink after Bangladesh backing One more major flag state poised to sign up and mandate the Hong Kong Convention Leif Hoegh leaves Hoegh LNG board after 17 years as new directors come in Martine Vice Holter also being replaced by new Hoegh Capital boss Eric den Besten Coach is the company that works with less data to get more results CEO says mass of data is unnecessary when you have real ships' information to benchmark against Co-founder Sebastian Brooke takes over as CEO at Eneti's Seajacks Former boss and co-founder Blair Ainslie is retiring from UK wind vessel owner Finland's Eckero seeks to cut costs with $22m bond buyback in Oslo Cargo ship and ropax owner has money to spend on expensive debt Russian crude cargo arrives in Pakistan after deal struck UAE and Marshall Islands-owned tankers are set to discharge Urals crude this week as Russia opens new market for its oil VLCC rates spike 31% as tonnage lists shorten in busier market Modern vessels are earning more than $50,000 per day but US inventory stocking could cloud the horizon Hannisdahl brings in Nordea's Flem ahead of Gersemi shipping fund launch Norwegian shipping investor adds vessel finance executive from Nordea Container lines urged to go blue in green energy shift It might not fit their eco-marketing goals, but fossil-based fuel may make more sense Niki Shipping gives HKC-compliant Indian recyclers some much-needed tonnage to chomp on MSC Nicole is one of two ships that cash buyers say has been sold for scrap over the past week High risk insurance cover for 'time bomb' tanker placed in London Fidelis MGU named as lead underwriter for comprehensive insurance package BW LPG lunching $50m buyback effort by asking for share offers Oslo-listed VLGC owner wants shareholders to make an offer to the company in repurchase effort GC Rieber Shipping giving away $51m Shearwater stake to shareholders Norwegian shipowner continuing its pivot into wind shipping by offloading holding in seismic survey spin-off Ukraine agrees compensation scheme for ships damaged by Russian invasion Up to $547m has been set aside for the initiative which is hoped will encourage shipowners to remain in the country Podcast: Ocean industries limber up for the burgeoning carbon capture and storage opportunity Audio edition of Green Seas visits Nor-Shipping to ask experts about how maritime can capitalise on CCS Sun shines on shipping at TradeWinds party Reception on the Christian Radich brings out famous names from around the world Has the bubble burst on Japanese dry bulk sale and leaseback deals? Higher interest rates, currency concerns and lower demand has led to a noticeable fall in deals Capesize bulker market gains 36% as iron ore demand rises Higher exports of bauxite from Guinea also boost rates, according to an analyst Three killed after shipbuilding gantry crane topples at Wuhu Shipyard Hurricane-force winds capsize 450-tonne gantry crane at Chinese yard Italian special forces board ro-ro vessel to catch stowaways Cameras spotted illegal immigrants below deck carrying 'sharp' objects Lack of orders means tanker market faces tonnage shortfall, warns Gibson Sector may find itself in a similar situation as the oil industry, with a lack of supply to meet existing demand

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JUNE 12, 2023

FedEx pilots take another step toward 30% pay raise The board of the FedEx pilots union has endorsed a contract agreement and sent it to members for an up-or-down vote. Profiting from sanctions: Shipping premiums surge for Russian oil Mainstream European tanker owners that are willing to load Russian oil are far outperforming the broader market. US airport agent AGI plans South America expansion Alliance Ground International is on an acquisition spree that aims to take it from a midsize domestic ground handler to a global service provider at airports around the world.