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02 August 2025 - Year XXIX
Independent journal on economy and transport policy
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March 30, 2023

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International Transport Journal web site
MARCH 30, 2023
  • Calgary's new transload hub to open next year
  • Ceva: high tech robots for Belgian hub
  • Boosting deployment of Volta Trucks
  • Developing Vietnam's container port capacity
  • VRR chooses Japanese distribution partner
  • AAL celebrating 25 years in China
  • A tough year for KLN
  • More connections to Trieste
  • Dnata chooses Phil McGrane for Brazil
  • ACCC: interim authorisation for Qantas and Emirates
  • Port of Brisbane's Zero Emissions Ride Day
  • Road services consistently positive
  • IRU: now it's up to the member states
  • "Curiosity of the Day"
  • Jaxport and Aruba sign MOU
  • Continuing expansion in Latin America
  • Felb restructures its management team
  • Black cat now gliding on path of innovation

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The Loadstar web site
MARCH 29, 2023
  • ONE becomes joint-owner of Seaspan Corp in $11bn takeover
  • Jittery US retailers remain cautious over their logistics commitments
  • Getting fresh at CH Robinson
  • Damning verdict on EC's 'unrealistic' plans for intermodal growth
  • Indian mango exports looking fruitful as transport costs start to fall
  • Marshall Islands in urgent talks with carriers after cargo is stranded by ban
  • Donkey business: the true legacy of Scott's collapse
  • Wan Hai crushes quit rumours by boosting transpacific service

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Marine Log web site
MARCH 29, 2023
  • VIDEO: Breakaway barges pile up against McAlpine Dam
    Shortly after 2 a.m. on March 28, 2023, a vessel towing 11 barges made contact with a stationary structure at the entrance to the Portland Canal near the McAlpine Lock and Dam,
  • DOE names 9 phase one winners in FLOWIN prize contest
    The U.S. Department of Energy today announced the Phase One winners of the FLoating Offshore Wind ReadINess (FLOWIN) Prize. Open to floating wind platform designers, fabricators, and project site developers, the three-phase
  • New MAN dual-fuel four-stroke passes TAT
    MAN Energy Solutions' MAN 49/60DF engine has received its Type Approval after a five-day program on the testbed at the company's Augsburg, Germany, headquarters. The Type Approval Test (TAT) of the new
  • VIDEO: Kiel launches autonomous ferry test vessel
    Stockholm, Sweden, is not the only European city aiming to get an autonomous passenger ferry into operation (see earlier story). Kiel, Germany, also has a boat in the water. That vessel is

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Container News web site
MARCH 29, 2023
  • Lomar Shipping appoints new technical director
    Lomar Shipping, the shipping subsidiary of the Libra Group, has announced that Marius Bujor will be its new technical director and will be based in the company's Bremen office. Bujor succeeds Stylianos Papageorgiou who has been promoted to the position of managing director of lomarlabs, a new venture to collaborate with deep-tech start-ups. Bujor has been with Lomar for eight years, having joined
  • CMA CGM adds Indian Subcontinent to congestion surcharge destinations from Mersin
    CMA CGM has announced a port congestion surcharge from Mersin, Turkey to the Indian Subcontinent due to current delays in the Turkish port. After CMA CGM's congestion surcharge announcement for a US$100 / dry container fee for every box transportation from Mersin, Turkey to several destinations worldwide, the French ocean carrier added Indian Subcontinent to the "destination pool of surcharge"
  • Container shipping asked to clean up its act in view of upcoming scrapping wave: NGO Shipbreaking Platform
    Triggered by overcapacity, lower freight rates and the new carbon regulations expected this year, numerous container ships will be sold for scrapping in the near future. In light of this foreseeable surge in the number of discarded boxships, the NGO Shipbreaking Platform has reached out to the largest companies of the sector demanding change in corporate policies and practices by encouraging the
  • Shipping industry organisations give guidelines for lithium-ion batteries container transport
    New guidelines for lithium-ion batteries container transport aim to reduce the growing associated risks. The Cargo Incident Notification System Network (CINS) and its partners have compiled a publication covering the properties of these batteries and their potential to explode, initiate fires and emit toxic gases. This publication is a result of a one-day conference conducted on 15 March by the I
  • Slow growth for major box ports in 2022
    The 30 busiest container ports in the world saw slower growth in 2022, as inflation and economic uncertainties capped consumer spending. Alphaliner's recent report, released today (29 March), stated that volumes at the 30 busiest ports rose by less than 1% year-on-year, to 454 million TEU in 2022. Gains were driven almost entirely by China and, to a lesser extent, the Middle East. Despite intermi
  • DP World to build new edible oil terminal in Berbera Port
    UAE-based port and terminal operator DP World started the development of a new edible oil terminal at the Port of Berbera in Somaliland. The purpose is to reduce supply chain costs and create vital local jobs, according to DP World, which has already agreed to a long-term lease for the facility. More specifically, the terminal will initially have a storage capacity of 18,000 tonnes, which will be
  • Wharf at Long Beach ITS terminal extended
    In early March, the Port of Long Beach and International Transportation Service (ITS) completed the US$55 million improvement project with the ITS terminal being capable of receiving larger container ships and enhancing efficiency. The Californian port extended Berth G236 by 75 meters, constructed new rock dikes, and upgraded anchored facilities at Berths G232 and G236. "With the opening of the B
  • JAXPORT refunded US$35 million for Jacksonville Harbor Deepening project
    The US Army Corps of Engineers (USACE) Jacksonville District presented JAXPORT with a US$35 million refund for unused prepayments from the recently completed Jacksonville Harbor Deepening project. JAXPORT is actively working with the City of Jacksonville and the State of Florida. Both of them contributed funding toward the project, to determine their share of the refund amount as outlined in the
  • Korean Register, Microsoft sign digital transformation agreement
    Korean Register (KR) signed a memorandum of understanding (MOU) with Microsoft Korea on 28 March to collaborate on digital transformation and enhance their technological capabilities, with the aim of leading the digital transformation of the shipbuilding and maritime industry. Through this partnership, a joint working group between the two companies will be established to collaborate on digital t
  • Packeta Group expands facilities to Adriatic region
    The Packeta Group, a global digital e-commerce platform, is expanding to the Adriatic with the opening of its seventh entity named Packeta Adriatic. More specifically, the new entity will start its operation in Slovenia and gradually take on new countries in the Adriatic region. According to Packeta Group, the Slovenian e-commerce market has experienced impressive growth in recent years during th
  • CMA CGM applies new overweight surcharge from Saudi Arabia to North Africa and Morocco
    CMA CGM announced an overweight surcharge (OWS) from the port of Jeddah in Saudi Arabia to North Africa and Morocco. The surcharge of US$100 / container will be applied to 20' dry boxes with a container gross weight equal to or over 16 tons. The French ocean carrier said the overweight surcharge from Jeddah to North Africa and Morocco will be effective from 10 April. The post appeared first on C
  • DP World opens reefer container facility in Sydney
    DP World announced the launch of Reefer World, a new one-stop refrigerated container facility in Sydney, which will offer a wide range of reefer cleaning and repair services to clients in Australia and New Zealand. The dedicated reefer facility is the largest of its kind in Sydney and one of the largest in Australia, providing a variety of reefer solutions, such as pre-trip wash, inspection, and
  • ZIM quits Pacific Southwest lane again as ZEX service axed
    ZIM will withdraw its eCommerce Xpress (ZEX) service, which was launched during the peak of the freight market in 2020, at the end of this month. The cessation of ZEX will mean that the Israeli liner operator will no longer have any calls in Los Angeles and will return to its traditional coverage of the Pacific Northwest and the US East Coast. According to container shipping consultancy Linerlyti
  • Far East Land Bridge increases fleet efficiency through Container xChange
    Far East Land Bridge (FELB), a railway operator with services between Europe and Asia, has found success in balancing its fleet and decreasing idle time through its collaboration with an online container logistics firm, Container xChange. With a fleet of 2,600 containers, FELB sought a solution to rapidly hire additional units during times of high demand and prevent vacant shifting costs during p
  • Georgia Ports invests US$170 million in new hybrid yard cranes
    The Georgia Ports Authority (GPA) has decided to spend US$170 million on 55 hybrid-engine rubber-tired gantry cranes to equip the Port of Savannah's Ocean Terminal during its transformation into an all-container facility. "This significant investment in new equipment will help prepare the Port of Savannah to handle more ships and cargo while maintaining the world-class service our customers have
  • Port of Valencia improves operability of hauliers
    The Port of Valencia has educated 2,592 hauliers working in the Valencian area with the ValenciaportPCS App for mobile devices. ValenciaportPCS is one of the first technological platforms or Port Community Systems in the world. This tool is used by approximately 1,100 firms and public agencies in the ports of Valencia, Sagunto, and Gandia in Spain. Every day, it handles more than 300,000 messages

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Splash web site
MARCH 29, 2023
  • Danish Shipping calls for new approach to tackle Gulf of Guinea piracy
    Following the boarding of a Monjasa product tanker offshore the Republic of Congo, the shipowners' organisation Danish Shipping has called for a new strategy to combat piracy in the West African region. The Liberian-flagged , owned by Danish bunker supplier Monjasa, was attacked by pirates late Saturday evening in the Gulf of Guinea while sitting ...
  • Transocean adds to semisub backlog with $113m worth of new deals
    New York-listed offshore drilling contractor Transocean has fixed two of its harsh environment semisubs, adding around $113m to firm contract backlog. The Swiss-based owner and operator of 37 rigs has sealed a deal with an undisclosed independent operator for the 2015-built Transocean Endurance to carry out a multi-well plug and abandonment campaign in Australia. The ...
  • SeaZip grows CTV fleet
    Harlingen-based SeaZip Offshore Service is expanding its fleet with the acquisition of a 24 pax crew transfer vessel from compatriot shipping company Groen. No price has been revealed for the 2020-built Green Waves, delivered by Damen Shipyards. The UK-flagged CTV will be renamed SeaZip 9 and sail under the Dutch flag in the future. Jan ...
  • Havfram Wind lines up Norfolk WTIV contract
    Norway's Havfram Wind has been appointed as the preferred wind turbine installation supplier for Vattenfall's Norfolk projects in the UK. The agreement covers transport and installation works over a period of three years, utilising one of the company's wind turbine installation vessels (WTIVs) under construction at CIMC Raffles Shipyard in China. Even Larsen, CEO of ...
  • Oil washes up 350 km away from where controversial Princess Empress went down in the Philippines last month
    One month on from its sinking, the oil spill from the Princess Empress continues to spread, with authorities warning that around 40% of the cargo in its ruptured tanks have yet to gush out into the seas off Mindoro island. The controversial ship sank on February 28 in stormy conditions off the island of Mindoro having lost ...
  • Norden moves into capesize segment
    Danish owner and operator Norden has marked its entry into the capesize segment this month by adding four ships through two separate deals. "With the move into capesize, Norden expands its offering to cover all dry cargo sizes, providing added value to our customers and partners globally," said Jan Rindbo, chief executive of Norden, adding: ...
  • Guidelines published for safe transport of lithium-ion batteries in containers
    The Lithium-ion Batteries in Containers Guidelines, published yesterday by several industry bodies, seek to prevent the increasing risks that the transport of lithium-ion batteries by sea creates, providing suggestions for identifying such risks. Extensive measures to safely transport what is an exponentially increasing volume of lithium-ion batteries, in their various states or charge and when ...
  • Cadeler firms up East Anglia wind turbine installation deal
    BW Group-backed offshore wind contractor Cadeler has inked a firm deal with ScottishPower Renewables for the transportation and installation of wind turbines at the East Anglia Three offshore wind farm in the UK. The firm contract follows a vessel reservation agreement the Denmark-based company struck with Iberdrola's subsidiary last July. Under the contract, the Oslo-listed ...
  • Are crude tankers headed for best year this century?
    Analysis contained in the March issue of Splash Extra published today suggests this is the best year this century for VLCC, suezmax and aframax owners. The in-depth look at the crude tanker trades in Q1 and projections for the rest of the year also feature the views and data from Braemar, BRS, Evercore, Lorentzen & ...
  • ADS Maritime gets into offshore with Tasik DSV stake
    Oslo-listed ADS Maritime is expanding its investment portfolio which in addition to tankers now includes an offshore vessel. The Terje Bodin Larsen-led company has picked up a 10% stake in the 2017-built dive support vessel (DSV) . ADS will act as the commercial manager with primary responsibility for following up Singapore owner Tasik Subsea's activities ...
  • Gulf Marine Services awarded pair of new contracts
    London-listed liftboat operator Gulf Marine Services (GMS) has won two new contracts for one of its vessels in the Gulf Cooperation Council (GCC) region. The UAE-based company with a fleet of 13 self-propelled self-elevating support vessels has fixed a small class vessel for a total duration of 272 days. The first contract is set to ...
  • Taylor Maritime Investments: Strong fundamentals ahead
    Edward Buttery, the chief executive of Taylor Maritime Investments and Grindrod Shipping, maintains a quietly bullish sentiment on handysize bulker rates, encouraged by recent market firming, with rates on the Baltic Exchange up by over 50% between February and March. "I expect the market to remain fairly firm for this year, next year and possibly ...
  • Lila Global adds two capes
    Anil Sharma's Lila Global has strengthened ties with COSCO, sealing its third deal this year with the Chinese state-run owner. The latest purchase marks a shift from wet to dry for Lila Global shortly after buying two VLCCs. Sources tell Splash that Lila Global has added two more capes, adding the 2006-built CHS Splendor, built ...
  • US Wind and Haizea Wind Group team up for new fabrication facility
    Baltimore-based US Wind, owned by Italy's Renexia, and Spain's Haizea Wind Group Management have formed a long-term partnership to manage and operate Sparrows Point Steel, Maryland's first permanent offshore wind factory in Baltimore County. The facility will manufacture steel components for the US offshore wind industry, including monopiles and towers. The Sparrows Point Steel facility ...
  • Crude tankers tipped to enjoy best year this century
    Analysis contained in the March issue of Splash Extra suggests this is the best year this century for VLCC, suezmax and aframax owners. All three sectors have pushed around the $100,000 mark during the first quarter, while asset prices remain hugely elevated. Nevertheless, not all analysts are willing to commit to the assertion that 2023 ...
  • FuelEeeeugh Maritime
    I'm a little torn about last week's news that the European Union is on the cusp of pushing through its FuelEU Maritime legislation, something Brussels politicians claim is the "world's most ambitious path" to decarbonising our industry. The rules will demand ships must cut ship emissions by 2% as of 2025 and by 80% as ...
  • March 2023 Review
    The European Parliament and Council reached a deal on what they claimed is the world's most ambitious path to maritime decarbonisation, asking to cut ship emissions by 2% as of 2025 and by 80% as of 2050. This would apply to ships above a gross tonnage of 5,000, and to all energy used onboard in ...
  • Tankers: Pop goes the weasel
    Oil prices stepped down $10 in March from around $85 to $75 per barrel as traders picked up on recession fears stemming from bank failures and rising interest rates. Even as the US Federal Reserve, the European Central Bank and the Bank of England raised rates again, gold ticked above $2,000 as investors sought havens ...
  • Bulkers: Piggy in the middle
    Brokers and traders became positively priapic during the middle weeks of March as the dry bulk freight markets shook off their Lunar New Year lethargy and felt the sap rising through Chinese steel markets. However, some enthusiasm was dissipated as the month wore on, with freight rate rises pausing, perhaps with one eye on President ...
  • Containers: The Grand old Duke of York
    Chinese containerised exports for February were a miserable $418m compared to $551m in January and nearly $1bn in February 2022. Even accounting for the Lunar New Year, this was a depressing number for Chinese exporters who will be hoping, as their factories reopen, for more buying from US customers this year. US liner industry analyst ...
  • Failing banks cap S&P activity
    In terms of absolute volumes it has been a relatively quiet month in the sale and purchase market, but, regardless, prices remain elevated. Across the board, owners have become nervous about the banks, brokers tell Splash Extra. "Capesize values have firmed this month as a result of recent transactions that have set the benchmark," said ...
  • Analyst Abstract
    Tankers "As anyone with the slightest insight into our industry will know, oil prices and tanker earnings tend to have an inverse relationship and this time is no exception," reads a typically punchy daily markets report from Lorentzen & Co earlier this week. One of the reasons that the Norwegian broker highlighted was that the ...
  • Banking uncertainty and shipping
    The turmoil in the banking system this month, coupled with new recession-related concerns, has sent shockwaves through global markets, raising fears of a new financial crisis and an impending loan crunch. The collapse of US mid-sized lenders Silicon Valley Bank (SVB) and Signature Bank, followed by the demise of 167-year-old Credit Suisse, have alarmed investors ...
  • Banking crises lead inexorably to shipping crises
    Andrew Craig-Bennett makes his return with some timely advice for owners. There might be a problem with banks, or there might not be. All we can say for sure, today, is that UBS has acquired the Greek private client business that used to be such a priz

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Lloyd's List web site
MARCH 29, 2023
  • Euronav tanker takes on Iran oil, says UANI
    Vietnam-flagged vessel Abyss purportedly took on an Iranian cargo in February in Iran while its vessel-tracking transponder was off. The...
  • Russia seeks China and India's support to accelerate Arctic ambitions
    The northern sea route has been high on the agenda during Russia's recent diplomatic dates with China and India. The...
  • Abuse of IMO vessel-numbering scheme and falsely flagged ships continues, committee hears
    Countries support an intersessional working group to define the due diligence required to use the IMO unique company and registered...
  • China Merchants Energy Shipping confident in strong tanker recovery
    The Shanghai-listed shipping giant saw net profit up more than 40%, largely backed by a strong tanker recovery
  • Lomar Shipping tech venture aims to 'make a real difference'
    Focus includes issues of safety and security, decarbonisation and the 'future of work'
  • Norway's leading car port seeks expansion to meet growing EV imports
    Norway's biggest vehicle port handled a record-high number of car imports in 2022, as the country ramped up electric vehicle...
  • China Merchants orders up to six methanol-fuelled PCTCs
    Company expects Chinese shipowners to enjoy a bright future in international ro-ro shipping backed by strong car exports from China
  • Attica agrees to buy ro-ro from CLdN Ferries for $13.4m
    CLdN has been expanding with modern tonnage
  • Nautilus highlights value of union membership
    'Working internationally, you can deliver for members wherever they reside and not engage in a race to the bottom in...
  • Royal Caribbean to upgrade newbuilding for methanol fuel operations
    Move by third-largest cruise vessel operator follows decision by RCCL's competitor, NCL, to amend propulsion systems of two 3,300 passenger...
  • Seacon Shipping eyes top 10 shipmanagers
    Largest shipmanagement firm in China raised $52m in Hong Kong IPO
  • Klaveness unit sets new environmental target
    Shipping is falling behind schedule on the IMO's 2030 targets 'as the choice and availability of new fuels, technology, and...
  • Meratus to offer smart container tracking
    Smart container devices have been available for some time. The momentum behind the technology is now picking up
  • A willingness to collaborate won't expedite decarbonisation
    Whether slow progress in digitalisation is holding back decarbonisation and whether the focus on newbuildings is holding back retrofit solutions...
  • Local carriers boost China-Russia Baltic box trades
    Newcomers to the China-Russian Baltic trade include Chinese logistics companies Torgmoll and Safetrans, and Russian forwarding company Transit LLC
  • The Ukraine effect: Lasting upheaval for shipping markets
    Chapter 3: Russia's invasion of Ukraine has had a profound impact on global trade, but the longer-term implications are only...
  • Lithium-ion battery transport guidelines published
    The use of lithium-ion batteries is growing fast. But so too are the associated fire risks
  • KSOE wins $518m contract to build two LNG carriers
    The latest contract brings the tally of newbuilding liquefied natural gas carrier orders in Korea Shipbuilding & Offshore Engineering to 10 this...
  • ICS publishes medical guide for use at sea
    New guide includes chapters on assessing mental health issues and communicating with telemedical services
  • Norden returns to big-sized bulk carriers
    In a previous foray, Norden had exited the capesize segment in early 2016 amid market lows to focus on the...
  • Shareholders complete deal to take Seaspan parent private
    Carrier joins other key shareholders in buying out remaining shares in Atlas. Delisted company will be better placed to navigate...
  • Daily Briefing
    Sanctions on Russia have 'weaponised' flags, says registry chief | Chinese leasing remains open for business | The Ukraine effect...
  • Norwegian car carriers differ over alternative fuel strategies
    Höegh Autoliners has been signalling its intention to start bunkering with alternative fuels in the next couple of years, while...
  • Malaysia's key port aims to raise capacity by 3.5m teu over five years
    Throughput fell in 2022 due to the situation in Ukraine, high energy prices in Europe and weak consumer demand

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The Journal of Commerce web site
MARCH 29, 2023
  • Teamsters taking more hardline approach toward LTL trucking employers
    The Teamsters union promises a tougher approach in contract talks with ABF Freight and TForce Freight, and is opposing major network changes proposed by Yellow, its largest freight employer.
  • April blanks from China grow as US import decline continues
    For ocean carriers, the decision to cancel sailings suggests they expect no rebound in trans-Pacific freight rates that are now at two-year lows.
  • Canadian National to boost transloading with new Calgary facility
    The project is the latest in a series of steps to address the imbalance between domestic and international intermodal volumes in Canada.
  • US outlook for second-half rebound of Asia imports darkens
    US big-box retailers are receiving fewer imports while inventories remain elevated and US consumer confidence teeters, boding poorly for a significant second-half rebound in Asia container imports, writes JOC Executive Mark Szakonyi.
  • New House shipping bill garners support from stakeholders
    The legislation aims for faster development of uniform data-sharing standards, while the co-sponsors say they were also motivated to protect US shipping interests from what they view as China's malign influence over the supply chain.

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TradeWinds web site
MARCH 29, 2023
  • Hornbeck Offshore wins US government contract that could swell to $39.5m
    Louisiana shipowner sees Military Sealift Command deal extended, with more in the offing
  • MR product tanker rates improve thanks to tight tonnage list in Atlantic
    Shipbroker reports just two MR fixtures helped ratchet up spot rates on Wednesday
  • Shipowners' Club starts to process Philippines tanker spill claims
    Wreck of sunken tanker lies at a depth of 400 metres with oil on board
  • Green Seas: 'Much remains up in the air' as IMO hurtles toward carbon crunch session
    Our weekly environment newsletter explores how the latest deliberations at the UN shipping regulator tee up a complex debate in July
  • Shipowners' Club starts to process Philippine tanker spill claims
    Wreck of sunken tanker currently at a depth of 400 metres with oil onboard
  • Fuel-cutting retrofits need 'holistic' approach to make sense, say experts
    Coatings and hull cleaning one of quickest ways to cut emissions but forward planning required if other technologies are being changed
  • Decarbonisation and digitalisation are opportunities to get more women into shipping, WISTA head says
    Shipping firms are no longer thinking about doing 'business as usual', Elpi Petraki says
  • Chinese ship finance chief Li Li pleads guilty to bribery charges
    Local news agency says top finance executive has admitted to charges at ship leasing corruption trial
  • Shipowners may one day be paid to keep on using toxic HFO no one else wants, BRS says
    Chairman Francois Cadiou envisages future where shipping is the last resort for polluting fuel
  • BRS' Cadiou says shipping is going backwards as vessels switch away from LNG fuel
    Dual-fuel vessels are relying more and more on polluting heavy fuel oil as gas becomes too expensive, shipbroker warns
  • Missing tanker: Danish Shipping says new solutions needed for Gulf of Guinea piracy
    Anne Steffensen says Monjasa Reformer boarding shows that coastal states do not have the resources to tackle ongoing problem
  • Andy Dacy counsels caution as world events have clouded JP Morgan's crystal ball
    Shipowner still likes LNG and dry bulk, but it's all complicated as sectors face geopolitical whirlwind
  • Pension funds rebel but Maersk bosses get big bonus increase past shareholders
    Chairman Robert Maersk Uggla says executives should see greater correlation between earnings and pay
  • China's Cosco Shipping inks $1bn deal for 20 wood-pulp carrier newbuildings
    Order spree almost wipes out 2025 delivery slots of one state-owned shipyard
  • Havfram hails major deals with Vattenfall and Orsted for new WTIVs
    At least two new installation ships now needed after big contracts agreed
  • Neda turns to China for fresh batch of bulker newbuildings
    Traditional Greek shipowner is inking a pair of kamsarmaxes at Chengxi Shipyard
  • Liner shipping stocks: The gift that keeps giving - but for how long?
    Stock prices and dividends keep rising despite a sharp fall in freight rates
  • Build the ships and the green methanol will come, Proman's Gajadhar tells owners
    Producer has no worries about supply despite Maersk going all-in to hoover up new sources of fuel
  • Copenhagen Commercial Platform launches emissions reporting tool 'for commercial people'
    Tech offering makes it easy to see where action should be taken to improve emissions performance
  • Debt-free Exmar turns in top dollar 2022 results
    FLNG unit sale and charter income boosted returns for Belgian gas specialist
  • Pandemic and war slows KCC's emission cuts but ambitious new targets set
    Combination carrier company's boss Engebret Dahm also urges the IMO to get its act together
  • ABB spin-off Accelleron looks to turbocharge cleaner marine fuels
    Swiss-based engine turbocharging company is developing the technology so they can run on methanol and ammonia, and even fuel cells
  • Odfjell on track for strong 2023 thanks to Russia-linked disruption
    Supply is squeezed as product tankers pull out of chemicals markets to exploit bumper oil freight rates
  • Anchor Ship Partners agrees business development plan with PowerX
    Ship finance specialist is looking for commercial opportunities for renewable energy in regional Japan
  • CII scores: a fantastic concept, clouded by a suboptimal metric
    Effective decarbonisation rules must focus on commercial drivers rather than the just vessel itself argues Andrea Olivi, global head of wet freight at Trafigura
  • Norden ramps up capesize presence with two more vessel buys
    Danish owner-operator bought two capes earlier in March and has completed its first bunkering of biofuels
  • Banks silent on future of $1bn DOF fleet after bankruptcy restructuring completed
    Group of lenders now in control of Norwegian offshore shipping company but are keeping quiet on their plans
  • Capital Gas linked to pair of LNG carrier newbuildings
    Rapidly expanding Greek shipowner said to have snapped up optional slot duo in South Korea bumping up its LNG fleet to 20 vessels
  • Seafarer loses leg in accident on Zim container ship in Argentina
    Crew member airlifted by helicopter
  • 'Strong buy': Fearnley starts KCC coverage with a bullish view on earnings
    Analysts believe dry and wet combination carriers will continue to enjoy the best of both worlds
  • Russia trade flows spell big profits for product tanker owners
    Vortexa says hauling Russian diesel is proving lucrative for long-haul trades to South America
  • ADS Maritime ventures into offshore with investment in dive support ship
    Norwegian company is diversifying away from tankers for the first time
  • CoolCo: LNG shipping's new kid on the block thinks big
    Backing from lead shareholder Eastern Pacific Shipping is a 'big differentiator' for the emerging shipowner
  • Missing Monjasa tanker seen 870 km from location of pirate boarding
    Contact has been lost with Monjasa Reformer, but crew made it to the citadel
  • Lomar Shipping names Marius Bujor as new technical director
    UK-based shipowner says new appointee has ability to lead from the front and adapt to new challenges

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American Shipper web site
MARCH 29, 2023
  • Hello, goodbye: Shipping's latest entries and exits on Wall Street
    The lineup of shipping stocks is in flux. There are multiple new listings as well as notable departures.

››› File
FROM THE HOME PAGE
The National Retail Federation has strongly condemned Trump's tariff policy.
Washington
New tariffs will impact goods in the coming weeks
Mulino proposes the Panamanian state's entry into the consortium interested in acquiring Panama Ports Company.
Panama
Supreme Court verdict on concession contract pending
Container shipping company ONE's quarterly results worsen
Container shipping company ONE's quarterly results worsen
Singapore
In the April-June period, revenues decreased by -4% and net profit dropped by -89%.
Accidents to dock workers occur equally frequently on board ships as on land.
Norwegian Cruise Line Holdings reports record performance for the April-June quarter
Norwegian Cruise Line Holdings reports record performance for the April-June quarter
Miami
Bookings reached an unprecedented level
Paolo Piacenza has been appointed extraordinary commissioner of the Port Authority of the Southern Tyrrhenian and Ionian Seas.
Rome/Genoa/Gioia Tauro
DB Cargo records declines in turnover and rail freight volumes
Berlin
In the first six months of this year, shipments totaled 82.9 million tons (-10.8%)
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
Valencia
Containers arriving and departing are increasing. Transhipment is declining.
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
In the second quarter, DIS' time charter revenues fell by -37.1%.
Luxembourg
Net income was $19.6 million (-70.5%)
Wista Italy denounces the exclusion of women from the nominations of port authority presidents.
Milan
Musso: The glass ceiling that prevents women from accessing leadership roles remains.
Austrian Rail Cargo Group is focusing on the development of the Sommacampagna-Sona intermodal terminal.
Vienna
Ten-year agreement
In the second quarter, maritime traffic in the Bosphorus Strait decreased by -6.0%
Ankara
18.1% decline in ships over 200 metres in length
Fifty kilos of cocaine seized at the port of Civitavecchia
Rome
They were hidden inside a reefer container arriving from Ecuador
Trump has eliminated tariff exemptions for low-cost goods for all nations.
Washington
Goods with a value of less than $800 will also be subject to the tax.
Viking Mira was launched at Fincantieri's Ancona shipyard
Trieste
The multi-role frigate "Emilio Bianchi" was delivered to the Muggiano shipyard
The Port Authority of the Central-Northern Adriatic Sea has obtained EMAS registration
Ravenna
Certifies commitment to environmental management and sustainability
MSC Cruises reduces emissions with the support of an energy transition plan
Geneva
The 2024 Sustainability Report has been presented
DSV reports strong growth in financial and operating results thanks to the acquisition of Schenker
Hedehusene
Quarterly record in air and ocean shipment volumes
In 2024, the Fratelli Cosulich group's revenues increased by +12.8%
Genoa
Operating result down by -31.7%
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
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