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19 May 2024 - Year XXVIII
Independent journal on economy and transport policy
10:49 GMT+2
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April 16, 2024

free news
Exim India web site
APRIL 16, 2024
  • Pentagon Freight makes strategic investment in Pentafox Technologies
  • US condemns Iran's seizure of MSC Aries
  • GDP seen growing at 7 pc in FY25: ADB
  • Nepal seeks Customs agreement to curb border trade offences
  • Some vehicle exports dip in FY24
  • EU tanker tonne mile demand up as vessels increasingly sail via Cape of Good Hope
  • 'Pratap's Amazing Musicians' - 'Unveiling the Unheard'
  • Indian real estate expected to reach $1.5 tn by 2034; driving 10.5% of economic output: Report
  • Overall exports marginally up in 2023-24
  • Govt asks pulses importers to use rupee-kyat system with Myanmar
  • CONCOR physical volumes - Q4 and Fy
  • Rethinking reefer logistics at Rotterdam port: Shifting from road to water via 'cool corridor'
  • Inconsistency seems the only constant on Transatlantic fronthaul: Analysis
  • Exports to Europe seen impacted due to Iran-Israel conflict
  • Indian Register of Shipping announces technology hire at senior management
  • Singapore retains top spot in Leading Maritime Cities Report 2024
  • China's exports down in March

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International Transport Journal web site
APRIL 16, 2024
  • Ambrogio intermodal buys 50 railcars
  • Hong Kong again tops the busiest cargo airports
  • Smartlynx appoints deputy CEO
  • A Parisian forum for sustainable logistics
  • Geis wins gold and silver
  • Safety of seafarers a paramount concern
  • A new mindset for the charter business
  • PMSA president retires after 29 years
  • Maersk expands to Sri Lanka
  • Upgrading truck stops for tired truckies
  • Optimising cargo operations in Budapest
  • Demand for immediate release of "MSC Aries"
  • First converted e-freighter makes its debut
  • "Curiosity of the Day"
  • Prizes for design in the transport sector
  • Complementing Canadian ship construction
  • 500,000 freight wagons to be refitted
  • "M.V. Jamno" rings in this year's shipping season

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The Loadstar web site
APRIL 15, 2024
  • Urgent call for breakdown of cargo onboard as General Average declared on Dali
  • HMM leads as South Korea embarks on state-backed box fleet expansion
  • OceanX: 'Geo shrapnel' hits shipping as Kuehne makes waves
  • Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
  • It's all politics: Cosco-backed Peru port project at risk
  • Bottlenecks and price hikes as airlines now avoid Iran airspace
  • Iran may now pose a threat to multimodal supply chains via Dubai
  • Flexport is 'back on track' - now it needs to start growing again

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Marine Log web site
APRIL 15, 2024
  • CBO: New LSM medium landing ships would cost two to three times more than Navy estimates
    Back in January, Naval Sea Systems Command issued the Navy's initial Request For Proposals (RFP) for the detail design and construction (DD&C) of six landing ship medium (LSM) ships. Now it appears
  • VIDEO: Seatrium AmFELS launches first U.S.-built WTIV
    Virginia power utility Dominion Energy reports that its Coastal Virginia Offshore Wind (CVOW) project has marked two milestones. In the first of these, its Jones Act compliant wind turbine installation vessel (WTIV)
  • VIDEO: Iran seizes Israeli-linked MSC Aries
    With two of its ships having previously been attacked by Houthi missiles, with one of them, the MSC Sky II, receiving damage, Mediterranean Shipping Corporation must be aware of the dangers of

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Container News web site
APRIL 15, 2024
  • Bangladeshi hijacked ship, crew released from Somalia
    The hijacked Bangladeshi ship Abdullah and its crew were released from Somalia in the early hours of Sunday after US$5 million was paid as ransom. The ship is now returning to the United Arab Emirates, before the crew members fly to Bangladesh, to meet their nearest and dearest ones who have been anxiously waiting for them since the ship was hijacked on 12 March in the Indian Ocean by a group of
  • BICT offers connectivity to North Africa and Spain through MSC vessels
    Batumi International Container Terminal (BICT), a business unit of International Container Terminal Services, Inc. (ICTSI), located at the Port of Batumi in Georgia, will soon provide improved connectivity to North Africa and Spain through the enhanced Batumi - Gioia Tauro service by Mediterranean Shipping Company (MSC), commencing in mid-April. MSC's upgraded service will include weekly calls to
  • Escalating Middle East tensions trigger projected surge in war risk premiums and freight rates
    In a significant escalation of tensions in the Middle East, Iran's capture of the MSC Aries, a container ship linked to Israel, has reverberated throughout the maritime industry. This development, occurring before the missile attacks on Saturday, 13 April 2024, underscores the deepening conflict in the region. Believed to be in response to an Israeli raid on the Iranian consulate in Syria, the ca
  • Subrosa Group launches maritime security division
    Subrosa Group (SRG) announced the inauguration of its latest division, SRG Maritime Security, dedicated to providing top-tier security services worldwide to the commercial shipping and offshore industries, private vessels, and superyachts. Led by Niall Burns, CEO of SRG, whose career in specialist security spans more than 24 years, starting in the UK Military's Royal Marines and later as a member
  • How to Test Drive a Car Before Buying: Best Practices for Prestigious Cars
    Test driving a car is a fundamental step you cannot skip when buying the car. Other than the fact that it lets you inspect the car's interior, it also allows you to get a feel for its driving characteristics and comfort level first-hand. And it doesn't even matter whether you're working with a prestige elite car rental company or any ordinary common car rental service. Having the opportunity to t
  • Israeli violence ratchets up Middle East threat levels as Iran responds
    Events over the weekend of the 13-14 April have seen rising tensions soar as Iran's pre-publicised action in retaliation to Israel's Syrian consulate attack took place hours after an MSC ship was hijacked by the Iranian Republican Guard. Hours before Iran launched a massive and widespread attack on Israel for the first time, Iranian forces boarded the 15,000 TEU MSC Aries and forced the ship and
  • Political strikes disrupt Helsinki port's container traffic
    Political strikes have halted container traffic at the Port of Helsinki for around four weeks this spring, leading industrial operators and traders to rely more on lorries for transporting goods. Consequently, Vuosaari Harbour experienced a decrease in activity, while heavy traffic surged in West Harbour. However, passenger traffic remained unaffected and even saw a slight increase compared to th
  • FBI opens investigation into Baltimore bridge fatal accident
    The Federal Bureau of Investigation (FBI) is conducting a criminal investigation into the fatal accident of the 10,000 TEU container vessel Dali, which destroyed Baltimore's Francis Scott Key Bridge. FBI's investigation is focused on the circumstances leading up to the bridge collapse and whether all federal laws were followed, according to an Associated Press report. The FBI was present aboard t
  • Eurogate partners with Prodevelop
    German port and terminal operating company Eurogate has announced a groundbreaking partnership with Prodevelop, signifying a significant step forward in revolutionizing container terminal operations. Prodevelop's expertise in Internet of Things (IoT) and Big Data projects has been instrumental, positioning them as a key services partner for implementing the Digital TwinSim solution at EUROGATE Co
  • European Parliament passes law requiring zero-emission trucks by 2040
    The European Parliament has approved legislation mandating that nearly all newly sold trucks by 2040 must be zero-emission. The green organization Transport & Environment (T&E) said this law was reached through negotiations between Members of the European Parliament (MEPs) and governments and will support European manufacturers in competing with foreign electric truck producers. "European truck m
  • Krone introduces new container generation
    German manufacturer Krone will launch a new generation of dry containers, named KRONE Dry Box, in 2024 with ten ingenious enhancements. To increase protection against damage, the front wall is now slightly recessed at the top, so that there is sufficient space even when cornering, said Krone, adding that the collision guard has been extended to 1,300 mm at the bottom. The new embossing in the fro
  • MSC-operated ship captured by Iranian forces
    MSC told Container News that it is working to secure the release of one of its operated ships that was seized by Iran's Islamic Revolutionary Guard Corps (IRGC) in the Persian Gulf on 13 April. The 2020-built 15,000 TEU MSC Aries, which the Swiss/Italian liner operator had bareboat-chartered from UK-based Zodiac Maritime for 10 years, was boarded by "Iranian authorities" via helicopter around 2.4
  • RBS enhances operating system at Klaipedos Smelte Terminal
    Realtime Business Solutions (RBS) has unveiled plans for a Terminal Operating System (TOS) enhancement at the Klaipedos Smelte container terminal in Lithuania. Klaipedos Smelte has announced its decision to upgrade from the current TOPS Advanced system provided by RBS to the more advanced TOPS Expert solution from the same supplier. According to a statement, the TOPS Expert terminal operating sys
  • MOL Group unveils largest green hydrogen plant in Central and Eastern Europe
    MOL Group has inaugurated the largest green hydrogen plant in Central and Eastern Europe, located in Százhalombatta, Hungary. With a capacity of 10 megawatts, this US$23 million investment is a significant step towards sustainable fuel production, aiming to reduce carbon dioxide emissions from the Danube Refinery by 25,000 tonnes annually. This venture marks a milestone in the hydrogen economy, e
  • ICTSI secures regulatory approval to elevate Philippine terminal operations
    International Container Terminal Services, Inc. (ICTSI) has received regulatory approvals to operate and enhance the Visayas Container Terminal (VCT), the key international seaport of Iloilo City in central Philippines. This 25-year concession amplifies ICTSI's footprint in the Philippines and is poised to unlock the economic prospects of the Western Visayas region. Following a review by the Phil
  • Dali owners declare General Average
    Grace Ocean, the owner of the container ship that knocked down the Baltimore bridge in May, has declared a General Average (GA) on the containers on board. The company believes the salvage operations will lead to extraordinary costs for which they expect contributions from all salvaged parties under the General Average. At the time of writing, there is no indication as to when and where Dali will
  • Golden Energy Offshore Services finalizes three vessel contracts
    Golden Energy Offshore Services (GEOS) has finalized short and medium-term agreements for three vessels. Also, the company announced the successful completion of a short-term contract for its vessel, the Energy Pace. "We are delighted to secure these contracts for our vessels. This achievement reflects our team's dedication to providing top-tier services and underscores our commitment to operatio

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Splash web site
APRIL 15, 2024
  • SLB bags deals for Buzios work from Petrobras
    Oilfield services giant SLB has been awarded three contracts by Brazilian oil and gas major Petrobras for completion hardware and services for up to 35 subsea wells in the Buzios Wave II oilfield. The scope of the contract includes SLB's full-bore electric interval control valves and electric subsurface safety valves. The award is a catalyst ...
  • FBI opens Baltimore bridge case
    The Federal Bureau of Investigation (FBI) has launched a criminal inquiry into the collapse of Baltimore's Francis Scott Key Bridge. According to reports, citing two US officials familiar with the matter, the probe will look into the circumstances leading up to the collapse and if all federal regulations were followed. "The FBI is present aboard ...
  • Plans revealed for America's first Jones Act-compliant cable layer
    US offshore wind contracting newcomer Kalypso is pressing ahead with plans to build America's first Jones Act-compliant cable laying vessel. The New York-based outfit, led by DEME's former project manager Colin Smith, has signed a letter of intent with Dutch shipbuilder Royal IHC for a 5,000-ton CLV that would be built in the US and ...
  • New extension keeps Petrofac working on BP's North Sea assets
    Offshore engineering specialist Petrofac has been awarded a contract extension by energy supermajor BP for continuing support across its North Sea portfolio. Petrofac said that it would be providing maintenance and engineering services under the terms of a three-year, multi-million-dollar contract. In the North Sea, BP is the operator of the Clair Phase One project, ...
  • DOF sells 13-year-old platform supplier
    Norwegian offshore vessel owner DOF has sold one of its platform supply vessels (PSVs) to an undisclosed buyer. DOF said in an Oslo Bors filing that it sold its 2011-built PSV Skandi Gamma. The financial details of the deal were not revealed. The vessel will be delivered to the new owners during this month and ...
  • MSC adds two more ships
    The world's largest containerline, Mediterranean Shipping Co (MSC), remains very active in the secondhand market. As week 16 starts its buying spree counts 11 ships so far this year according to VesselsValue, without counting data from MB Shipbroking - formerly Maersk Broker - who note that the Gianluigi Aponte-founded line has secured two more ships, ...
  • Shipping braces for Israel's response to Iranian attacks
    Shipping has to contend with new danger zones following Iran's attack on Israel over the weekend and the hijacking of the 15,000 teu MSC Aries. United Nations secretary-general Antonio Guterres urged warring parties to "step back from the brink" yesterday in what Ian Bremmer, a well-known political scientist and president of New York-based consultancy Eurasia ...
  • Gas carrier grounds off Egypt
    A Liberian-flagged gas carrier ran aground offshore Egypt, prompting a state of emergency over the weekend in anticipation of any leakage or pollution. The incident involving the 14,800 cu m LPG tanker Claudia Gas took place in the Gulf of Aqaba during the Eid holiday. Shipping databases show the 1990-built vessel is owned by Grece's ...
  • Baltimore divers describe bridge clean-up operation as 9/11 'with blinders on'
    A diving expert from the US Army Corps of Engineers (USACE) has revealed the many life-threatening risks divers are facing while working on the wrecked Francis Scott Key Bridge in Baltimore. USACE, in a joint effort with the US Navy's Supervisor of Salvage and Diving (SUPSALV), is working to oversee the commercial dive companies performing ...
  • ADES scores jackup rig contract in Qatar
    Saudi oil and gas driller Advanced Energy Services (ADES) has secured a jackup rig contract in Qatar worth up to about $93.3m with French energy major TotalEnergies. The deal covers a firm one-year term in addition to three optional six-month extensions, the company said in a stock exchange filing. The project is expected to start ...
  • MOL continues offshore wind drive with module carrier order in China
    Mitsui OSK Lines (MOL) has contracted a private Chinese yard, Taizhou Sanfu Ship Engineering, for the construction of a module carrier that will serve the Japanese offshore wind sector. The 13,000 dwt newbuild is set for delivery in the spring of 2026 under a contract with JFE Engineering to ship offshore wind turbine foundations to ...
  • Seatrium and Shell to partner on floating production systems
    Singapore yard group Seatrium has signed a non-binding memorandum of understanding (MoU) with a subsidiary of energy supermajor Shell to strengthen collaboration on floating production systems. The MoU, which focuses on driving project standardisation and replication, seeks to promote best practices in the design and construction of floating production systems. Shell Global Solutions Internationa
  • BW Offshore sells FPSO for recycling
    Oslo-listed floater specialist BW Offshore has signed an agreement to recycle its floating production storage and offloading (FPSO) vessel Petróleo Nautipa which previously worked offshore Gabon. Andreas Sohmen-Pao's company said that the recycling would be done in compliance with the Hong Kong International Convention at the Baijnath Melaram ship recycling facility in India. The sale ...
  • Singapore retains global shipping hub crown
    Singapore's maritime mantelpiece needs reinforcement, groaning from all the trophies, accolades and awards lavished towards the Lion Republic, the preeminent shipping hub of the 21st century. Meanwhile, an old Asian rival, Hong Kong, is sliding down the ranks fast. Singapore remains the world's leading maritime hub according to multiple global surveys, the latest of which ...
  • Somalis release Bangladeshi ship and crew
    Somali pirates released a hijacked Bangladeshi ship, Abdullah, and its crew of 23 early on Sunday after a $5m ransom was paid, according to two pirates. "The money was brought to us two nights ago as usual... we checked whether the money was fake or not. Then we divided the money into groups and left, ...
  • Korean LCO2 storage tanks unveiled
    A South Korean manufacturer has unveiled how the world's largest liquefied carbon dioxide (LCO2) storage tanks will look like. Sejin Heavy Industries is constructing a pair of LCO2 tanks for Evangelos Marinakis' Capital Maritime, which ordered last July two firm 22,000 cu m ships at Hyundai Mipo, with options for two more. The nascent LCO2 ...
  • Fredriksen signs for newcastlemax newbuilds
    John Fredriksen's family holding company, Seatankers Management, has come back to Qingdao Yangfan yard in China with a newbuilding deal in the largest bulk carrier segment. Shipbuilding sources report the Cyprus-based outfit signing up for four 210,000 dwt newcastlemaxes at about $68m each for delivery in 2027 and 2028. Seatankers' ordering spree kicked off this ...

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Lloyd's List web site
APRIL 15, 2024
  • IMO chief pledges to keep urging EU to drop shipping carbon levies
    Dominguez shrugs off concerns that rising geopolitical tensions might derail shipping from its decarbonisation journey, believing the industry will deliver...
  • Shipping faces more fallout in wake of Iran's attack on Israel
    The risk of a full closure of the Strait of Hormuz, while still unlikely, has increased. The more likely scenario...
  • High-priced boxship sales prompt increase in recycling candidates
    The recycling sale of two vintage boxships for almost $600 per light displacement tonne has led to more containership proposals...
  • FBI opens criminal investigation into Key Bridge allision
    FBI agents boarded Dali on Monday as part of a criminal investigation into the catastrophic Key Bridge allision, the Washington...
  • Singapore bunker sales hit record high in Q1 on Red Sea disruption
    Alternative fuel demand in Singapore increased in the first quarter of the year as LNG and biofuel-blended VLSFO sales also...
  • MSC Aries violated maritime law, says Iran
    A government spokesperson claimed the containership failed to respond to calls from officials before it was boarded by Iranian troops
  • US-sanctioned ship with unknown flag and insurance had 'right of innocent passage', says Denmark
    Aframax tanker Osperous sailed through Danish Straits on April 3, nearly three months after it was sanctioned for breaching the...
  • Protest groups disrupt ports
    Several small-scale protests have temporarily blocked access roads at ports in a number of countries. But disruptions appear to be...
  • The week in newbuildings: China continues to win bulk of orders
    Newbuilding contracts for seven dry cargo carriers, four containerships, six MPVs, one deck cargo carrier, two heavy lift ships, eight...
  • Singapore-Rotterdam corridor initiative expands partnership
    GDSC names world's fifth-largest box line, Hapag-Lloyd, among latest companies to sign up for port collaboration during Singapore Maritime Week...
  • Singapore tops maritime clusters listing
    As Singapore remains secure in its role as shipping's largest maritime hub, Hong Kong slips out of the top 10...
  • Week in charts: Panama canal begins to rebound | IMB report shows piracy spike | Tanker tonne-miles at record levels | Mainlane box rates dip again
    Transits through the Panama Canal have begun to recover, a new report reveals a worrying spike in piracy incidents, plus...
  • Singapore to launch training facility for clean marine fuel operation
    All maritime personnel and seafarers will be able to access the inaugural course on methanol handling as a vessel fuel...
  • Daily Briefing
    As tanker stocks rise, Frontline savours new high and Euronav is left out of the party | US senators rally...
  • Shipping warned of increasing risks as governments struggle to contain multiplied threats
    War risk insurers are struggling to calculate exposure at any given moment in certain volatile areas

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The Journal of Commerce web site
APRIL 15, 2024
  • HMM unveils ambitious plan to double container fleet, capacity by 2030
    The carrier's expansion strategy also includes further investment in container terminals and doubling its bulk shipping capacity.
  • Threat of pro-Palestinian demonstration shuts Oakland's marine terminals
    All four container terminals at the Port of Oakland were closed for the day shift on Monday as demonstrators protesting the war in Gaza shut down a nearby major freeway and threatened to picket at the port.
  • New risk factor flares in Middle East after seizure of MSC Aires by Iran
    The taking of the container ship and its crew by Iranian forces comes as Red Sea attacks on shipping by Tehran-backed Houthi rebels in Yemen have forced virtually all commercial vessels to divert around southern Africa.
  • Gemini's 'hub-and-spoke' model aims to eliminate blank sailings: Hapag-Lloyd
    The new partnership expects to have enough containers positioned at its major hub ports to keep ships full on its mainline trades, thus eliminating the need to unexpectedly cancel a voyage due to a lack of demand.
  • BigLift, CY Shipping expand heavy transport capacity with new orders
    The global energy buildout in renewables and oil and gas has spurred the heavy-transport partners to order two new carriers.
  • Red Sea diversions, return to Russia transit boosts China-Europe rail volume
    Shippers of urgent products have shifted volume from the disrupted China-Europe ocean trades to the rails, while some cargo owners are resuming the northern corridor route via Russia

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TradeWinds web site
APRIL 15, 2024
  • Close-knit Chinese shipping community turns out in force for Singapore gala
    Close-knit industry community gathers for inaugural formal dinner
  • Baltimore mayor throws down legal gauntlet against Dali owner, manager, charterer and builder
    Maersk and Hyundai Heavy Industries among apparent targets
  • FBI reported to launch criminal probe over Baltimore bridge collapse
    Agents boarded the Dali container ship early Monday as investigators focus on power failures
  • MPC Container Ships cashes in boxship brace as liner giant MSC keeps buying
    German tonnage provider takes profit on sale of older vessels
  • Buyers circle Japanese bulkers amid flurry of ultramax deals
    High-spec vessels are being circulated in the S&P market
  • Multibillion-dollar Baltimore bridge disaster claims can be handled, ship insurer says
    Britannia P&I says no concerns have been raised by industry regulators and ratings agency
  • Meriaura orders biofuel-powered cargo ship double in Europe due to geopolitical situation
    Finnish owner returns to Royal Bodewes to kickstart drive towards carbon-neutrality
  • Trafigura trials emissions-monitoring software on chartered Latsco LNG carrier
    Trading giant to retrofit Swiss system to cut greenhouse gas output
  • Six stranded Hanwha Ocean Arc7 LNG carriers tipped for use as FSRUs or FSUs
    Independent specialist Mehdy Touil says ships are unlikely to serve Russian liquefaction project
  • Harren linked to sales as it shrinks fleet
    German firm may have earned more than $100m over the past year by selling one LR1 tanker and seven small clean ones
  • DOF Group extends PSV sell-off as it pivots to subsea market
    Norwegian owner offloads ship as it looks to reshuffle fleet
  • Potential Hormuz Strait closure could prove much more significant than Red Sea disruption
    Rates are largely flat after Iran launches retaliatory attack on Israel over the weekend
  • Amid outrage over Iranian seizure of container ship, focus switches to release of crew
    The majority of the crew in the MSC-managed ship are Indian citizens
  • MPC Container Ships cashes in container ship brace as liner giant MSC keeps buying
    German tonnage provider takes profit on sale of older boxships
  • Greek LPG carrier refloated after Middle East grounding
    The Claudia Gas suffered engine malfunction, authorities said
  • Iran ship seizure sparks tensions, leaving oil and tanker markets on alert
    Boxship boarded before missile attack on Israel, but threat to close Strait of Hormuz unlikely to be carried out
  • John Michael Radziwill takes control of ship-less GoodBulk as CarVal Investors sell out
    President now has 56% of former capesize company that is plotting a comeback
  • Five-hour gun battle between gangsters and police sees ship freed
    The Magalie and its seafarers had been seized by criminal gangs
  • Chinese owners send elderly panamax bulkers to scrap yards
    Deals for South Korean and Japanese-built vessels come as recyclers express concerns over Chinese-built tonnage
  • Oil and tanker markets on alert as Iran missile strikes spark fresh tensions
    Iran missile attacks and ship seizure follows threat by Iranian official over the closure of the Strait of Hormuz
  • 'Reprehensible attack': ICS urges immediate release of MSC Aries by Iran
    International Chamber of Shipping says welfare of innocent seafarers is highest priority
  • 'Complexity' all over tight car carrier market, Clarksons says
    Shipbroking giant points out potential factors could affect the sector
  • Wind revolution sees British funding shift focus from shipbuilding to cleantech
    Government funding and a history of wind turbines and sailing have given Britain an edge in maritime wind propulsion
  • Ed Buttery's TMI to take full control of Grindrod in $50m buy-out of minority investors
    Subsidiary's shares will be delisted in the US and South Africa
  • US ship freed after five-hour gun battle between police and gangsters in Haiti
    The Magalie and its seafarers had been seized by criminal gangs
  • Lawyer Reed Smith hires in LNG specialist Nina Howell
    New partner expects more merging of green energy projects and LNG
  • Japanese giant Mitsui OSK Lines breaks new ground with newbuilding to serve offshore wind market
    Vessel ordered on the back of a contract from JFE Engineering
  • Tsakos extends veteran sales to $240m range with disposal of aframax tanker
    Tsakos Energy Navigation is reported to have secured $37.2m for one of its two oldest aframaxes
  • Harry Vafias' Brave Maritime banks profit from selling handysize to listed affiliate C3is
    Nasdaq-listed spin-off expands again after share issue earlier this year
  • Vernicos Scafi returns to Turkish shipyard for more tug newbuildings
    Greek-Italian tug and salvage company brings the number of newbuildings it has ordered in Turkey to three
  • Singapore launches new training facility as it strives to retain top hub position
    Focus on being a talent hub sits alongside ambition for innovation and maritime resilience
  • Recycling buyers snap up Sinokor container ship duo at firm pricing levels
    South Korean shipowner yet again gets above market average price for unwanted older tonnage
  • Chinese owners shift elderly panamax bulkers into the recycling market
    Deals for South Korean and Japanese-built bulkers come as recyclers express concerns over Chinese-built tonnage
  • Seatrium and Shell to collaborate on floating production systems
    Singapore company says tie-up will focus on project standardisation and replication

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American Shipper web site
APRIL 15, 2024
  • Panama Canal's future is dark and stormy, much to shippers' relief
    The end of Panama's dry season is in sight, and the Panama Canal Authority plans to welcome more vessels in the coming weeks.

››› File
FROM THE HOME PAGE
In the first three months of 2024, CMA CGM's revenue fell -7.0% percent.
In the first three months of 2024, CMA CGM's revenue fell -7.0% percent.
Marseille
Decline of -11.3 per cent of the shipping business volume alone
In 2023 combined transport shipments to Europe decreased by -10.6%
Brussels
Numerous the causes of the disappointing annual performance highlighted by UIRR associates
Last month the container traffic in the port of Valencia amounted to 457mila teu (+ 14.2%)
Valencia
In the first four months of this year, the total was 1.7 million teu (+ 12.8%)
New US duties on imports from China that also affect ship-to-shore cranes
Washington / Beijing
Protest by the association of the Chinese steel industry
In the port of Hamburg it keeps containerized traffic as they drop the bulk
Hamburg
In the first three months of 2024, the German climber handled 27.4 million tonnes of cargo (-3.3%).
SEA Europe and industriAll Europe solicit an EU strategy for the European shipbuilding industry
Brussels
Among the demands, the introduction of the "Made in Europe" requirement in public procurement
Logistics associations urge operators to be ready at the third stage of ICS2
Brussels
Concerns about important goods in the European Union by sea
Marco Verzari is the new secretary general of Uiltransport
Rome
Undergoes to the demissary Tarlazzi
Switzerland increases investment for the exercise and renewal of the rail network
Bern
Expected investment contributions in favour of private facilities
Locomotives powered by Ultimo Miglio of Mercitalia Logistics in service to Gioia Tauro
Joy Tauro
Used to transport cars from Campania to the Calabrian port
The terminalist company SSA Marine creates a division for cruises
In the first three months of 2024, container traffic in HHLA terminals increased by 3.4%
Hamburg
Stable revenues
The negative trend of the economic performance of Hapag-Lloyd continues.
The negative trend of the economic performance of Hapag-Lloyd continues.
Hamburg
In the first quarter of 2024, revenues fell by -24.2% percent. Noli down -32.0% and cargoes carried by the growing fleet of 6.9%
Brussels gives reason to Italy asking Austria to remove restrictions on road transport of goods to the Brenner
Rome / Vienna
The Tyrolese government announces that it is ready to fight before the EU Court of Justice
In the first quarter of 2024, shipping traffic in the Suez Canal collapsed by -42.9% percent.
In the first quarter of 2024, shipping traffic in the Suez Canal collapsed by -42.9% percent.
Ismailia
In March the reduction was -49.1%
In the first quarter of 2024, Evergreen's net profit rose +187,7 percent.
In the first quarter of 2024, Evergreen's net profit rose +187,7 percent.
Taipei
Investment of more than 65 million in the purchase of new containers
HMM returns to record growth of quarterly economic results
HMM returns to record growth of quarterly economic results
Seoul
In the first three months of 2024, revenues increased by 11.9% percent and net profit of 63.0% percent.
India invests in the development of the Iranian port of Shahid Behesthi (Chabahar)
Chabahar
Announced the next establishment of an indo-Iranian shipping company
Spinelli Srl renews the board of directors
Genoa
New appointments after the precautionary measures arranged by the gip of the Genoa court against Aldo and Roberto Spinelli
In the first three months of 2024, the traffic of goods in the port of Ravenna fell by -6.3%
In the first three months of 2024, the traffic of goods in the port of Ravenna fell by -6.3%
Ravenna
In March, a decline of -1.5%
In the first quarter of this year, the container traffic made in Trieste by TMT decreased by -20.3%
Trieste
In 2023, the traffic of short sea shipping between Spain and Italy fell by -5.2% percent.
Madrid
The motorways of the sea have risen to ten compared to seven in 2022
In the first quarter of 2024, the net profit of Yang Ming grew by +173,1 percent.
In the first quarter of 2024, the net profit of Yang Ming grew by +173,1 percent.
Keelung
The board has deliberated the purchase of new containers
Leonardo signs binding agreement for sale of Underwater Armaments & Systems to Fincantieri
Rome
Total transaction value of a maximum of 415 million euros
Uiltransport, well the amendment for workers of agencies for the port work of Gioia Tauro and Taranto
Rome
Provides for the extension of the allowance up to December
To develop its resilience the port of Livorno looks to the southern shore of the Mediterranean
Livorno
Next month an agreement with the Egyptian port of Damietta
Decarbonization of shipping could create up to four million jobs in the energy supply chain
Copenhagen
Study of the Getting to Zero Coalition
In the first three months of 2024 the traffic in goods in the port of Venice decreased by -9.8%
In the first three months of 2024 the traffic in goods in the port of Venice decreased by -9.8%
Venice
Growth of liquid bulk and rotatable bulk. Decline of solid bulk and containers
ISS-Tositti and intergroup have established the newco ISS-Tositti Agency
Venice
Synergistic fusion of the skills of both realities
Rasmussen (Bimco) : When the ships return to cross Suez shipping containerized shipping will have to reckon with an excess of stir
Copenhagen
Currently the impact of record deliveries of container carriers is absorbed by the additional capacity needed for the route around Africa
U.S. Intermarine enters the segment of the reins
Houston
Established the Intermarine Bulk Carriers that will manage the bulk carriers of the German group Harren
President of the Liguria Region, former president of West Liguria's AdSP, and entrepreneur Spinelli
Genoa
Among those achieved by the measures, the president of Ente Bacini
WWF, sustainable planning for the largest marine areas in the EU is fragmented and incomplete
WWF, sustainable planning for the largest marine areas in the EU is fragmented and incomplete
Brussels
The most discomforting scenario is that of the Mediterranean basin
In the first quarter the performance of combined transport in the EU kicked off
Brussels
Decrease in container traffic, strikes, work on infrastructure and weak economy among causes
Maersk warns that the expansion of the crisis area in the Middle East increases shipping costs
Copenhagen
Reported a 15 -20% reduction in capacity on the route from the Far East to the North Europe / Mediterranean
FS Logistics Pole orders Alstom 70 new locomotives with the option to buy more 30
Go Ligure
Commits from more than 323 million. Taking delivery to go Ligure a locomotive for freight transport
COSCO activates an e-commerce system to provide spare parts and services to the naval sector
Shanghai
Is aimed at domestic and foreign customers
Joint venture of Autamarocchi and Cosulich for logistics on rubber at the service of the steel industry
Genoa
Iran announces release of crew of container ship MSC Aries
Tehran
Foreign Minister confirms that seamen from the seized ship will be allowed to leave the country.
Merlo (Federlogistics) relaunches the alarm over the impact of the bridge over the Strait of Messina on naval traffic
Palermo
In the first three months of this year, maritime traffic in the Bosphorus Strait increased by 9.3%
In the first three months of this year, maritime traffic in the Bosphorus Strait increased by 9.3%
Ankara
Growth of transits of all major typologies of naviglio
In the first three months of 2024, cruise traffic in Global Ports Holding's terminals increased by 30% percent.
London
The consortium led by GPH has been selected as a preferential bidder for the Casablanca cruise terminal
In the first quarter of 2024, Maersk Group revenues fell by -13.0% percent.
In the first quarter of 2024, Maersk Group revenues fell by -13.0% percent.
Copenhagen
7.0% increase in the operating costs of containerized shipping
Ferretti inaugurates the renewed nautical construction site of La Spezia
The Spezia
The ligure establishment is dedicated to the production of the Riva yachts
Positive first quarter for Global Ship Lease
Athens
Revenue in growth of 12.7%
Launched by Interporto Padova the intermodal service of Trans Italy with the Interport of Livorno Guasticce
Padova
Initially it provides for two weekly circulations
Operating the new automated gate at Reefer Terminal of Going Ligure
Go Ligure
The drivers can carry out the loading and unloading activities without getting off the vehicle
Last month container traffic in the port of Hong Kong decreased by -10.2%
Hong Kong
In the first eventful four-year period 4.5 million teu (-4.7%)
DP World inaugurates new port infrastructure and logistics in Romania
Dubai
New terminals in the port of Costanza destined for cargo project and rotatable
In April, the growth of container traffic in the port of Long Beach continued.
Long Beach
In the first quarter of 2024, the increase was 15.8% percent.
Uniport Livorno buys three new port tractors
Helsinki
Kalmar will deliver them in the last quarter of 2024
They will rise from five to six the weekly rotations of the Melzo-Rotterdam service of Hannibal
Melzo
Increase in frequency as of June 10
In 2023, the revenues of Maritime stations increased by 18.5%
Genoa
Net profit to 1.7 million euros (+ 75.5%)
In the first three months of 2024, freight traffic in the port of Koper fell by -6.6% percent.
Lubiana
In March, the decline was -3.1% percent.
In April, freight traffic in the port of Singapore grew by 8.8%
Singapore
The containers were equal to 3.4 million teu (+ 3.8%)
Quarterly traffic of the growing containers for Eurogate and Contship Italia
Hamburg
In the first three months of 2024 the eventful volumes increased by 8.0% percent and 4.9% percent respectively.
Meyer Werft has delivered to Silversea the new luxury cruise ship Silver Ray
Papenburg / Vienna
It has a capacity of 728 passengers
In the first three months of 2024, new orders acquired by Fincantieri fell by -40.7% percent.
Rome
Stable the revenues
Call for tenders for the structural adjustment of a quay of the port of Ancona
Ancona
The amount of the contract is 16.5 million euros
Port operators in La Spezia call for a relaunch of the port
The Spezia
They solicit targeted and effective actions
In the first quarter of this year, the traffic of goods in Montenegrin ports grew by 1.8% percent
Podgorica
The flow to and from Italy has increased by 16.2%
GNV installs a system to ensure the stability of ships
Genoa
NAPA Stability, developed by Finnish NAPA, has been extended to ferries
Decided to drop -24.9% percent of goods in Croatian ports in the first quarter of this year
Decided to drop -24.9% percent of goods in Croatian ports in the first quarter of this year
Zagreb
The containers were equal to 92mila teu (-0.4%)
Vard will build two Commissioning Service Operation Vessel
Trieste
They are intended for a company in Taiwan
The new maritime station of the port of Termoli is running.
Termoles
In 2023 the Molisan climber handled more than 217mila passengers (+ 5%)
New line of CTN that links the ports of La Goulette, Livorno, Salerno and Rades
Genoa
Will be inaugurated on May 21
In the first three months of 2024 the revenues of Wan Hai Lines grew by 8.1%
Taipei
Net profit of approximately 143 million US dollars
The growth trend of Taiwanese Evergreen and Yang Ming is continuing.
Taipei / Keelung
In April, it increased by 42.4% percent and 35.3% percent, respectively.
Evergreen orders 10,000 new containers
Taipei
Committed 32.3 million to the Dong Fang International Container (Hong Kong)
Vard will build an Ocean Energy Construction Vessel for Island Offshore
Trieste
It will be delivered in the first quarter of 2027. Option for two more ships
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Lombardy among the most virtuous regions in food transport
Milan
Over 50% of the controlled temperature vehicles are matriculated in classes 5 and 6
Positive quarterly economic performance by Wallenius Wilhelmsen
Lysaker / Oslo
Ad Emanuele Grimaldi on 5.12% of the capital of the Höegh Autoliners
In the first three months of 2024, container traffic in New York increased by 11.7%
New York
In March, growth was 22.1% percent
Inaugurated the road of connection with the new areas of the port of Piombino
Plunge
The infrastructure cost 10.1 million euros.
First quarter of the year hardship for Finnlines
Helsinki
Accentuated increase in operating costs
In 2023 the turnover of Fercam decreased by -6%
Bolzano
Established a company in Lithuania
ICTSI recorded record quarterly economic performance
Manila
In the first quarter of this year, the traffic of goods in Albanian ports increased by 3.4% percent
Tirana
Passengers decreased by -1.9%
Speeding up the times to make the port of the Spezia and its retroport the first ZFD
The Spezia
They ask for maritime agents, customs officers and freight forwarders
Air and passenger routing service in the ports of Olbia and Gulf Aranci
Cagliari
It will be managed by the Roman Italpol Fiduciary Services
Decision to drop -15.1% percent of goods in the port of Taranto in the first quarter
Taranto
The loads at the landing decreased by -21.0% and those at the embarkation of -8.7%
This year the national forum for rail freight transport Mercintrain will be held in Padua
Padova
It will take place within the scope of Green Logistics Expo
Inaugurated in Safaga, Egypt, a factory for the construction of tugboats
Safaga
Ten naval units will be carried out for Suez Canal Authority
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
Tomorrow in Livorno a conference on the history of the city port
Livorno
It will be talked about architecture, trade and politics between the XVI and the twentieth century
On April 11, the sixth edition of the "Italian Port Days" will begin.
Rome
Also this year the project has been divided into two sessions : the first in the spring and the second from September 20 to October 20
››› Meetings File
PRESS REVIEW
Chabahar Port: US says sanctions possible after India-Iran port deal
(BBC News)
Iran says MSC Aries vessel seized for 'violating maritime laws'
(Reuters)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Mario Mattioli
Roma, 27 ottobre 2023
››› File
New Italy-Libya-Egypt service of Tarros and Messina
The Spezia / Genoa
It will be inaugurated in mid-June and made with two ships
Tomorrow PSA Venice will open the Venetian terminal to the port community and the city
Venice
Hannibal plans to activate a rail link between Italy, Hungary and Romania
Melzo
Two weekly rotations will be inaugurated by the end of 2024.
Approved the 2023 consuntive budget of the Central Tirreno's AdSP
Naples
Annunziata : the coming years, fundamentals to finalise the European investment of the PNRR
Sensitive increase in the production and sale of CIMC dry boxes
Hong Kong
Chinese firm responds to growth in demand
Approved the consuntive budget 2023 of the AdSP of the South Tyrrhenic and Ionian
Joy Tauro
May 6 meeting at MIT on the future of the Gioia Tauro Port Agency
The 2023 budget of the East Ligure Sea AdSP shows a primary surplus of six million
The Spezia
In the year new investments of around 17 million euros
Cargotec's quarterly net profit to 81.2 million (+ 11.8%)
Helsinki
In the first three months of 2024, revenues fell by -1.7% percent.
The negative trend of the economic performance of the ONE continues, less marked.
The negative trend of the economic performance of the ONE continues, less marked.
Singapore
In the first three months of 2024 the goods in containers carried by the fleet increased by 15.6%
The Genovese Messina has taken delivery of the largest ship in its fleet
Genoa
The "Jolly Verde" is a 6,300-teu container ship
The inclusion of the Civitavecchia port in the Core network of the TEN-T network is final.
Cyvitavecchia
On Wednesday the OK of the European Parliament
In 2023 the goods transported by Rail Cargo Group decreased by -11%
Vienna
Revenue in decline of -1.8%
Sustained quarterly growth of new orders acquired by Wärtsilä
Helsinki
In the first three months of this year, the group's revenues fell by -9.8% percent.
DIS orders two more new tankers LR1
Luxamburgo
New commits at the Jiangsu New Yangzi Shipbuilding Co.
An MSC container ship targeted with missiles and drones in the Gulf of Aden
San'a ' /Portsmouth
No damage to the ship and crew
Approved the consuntive budget 2023 of the Central Adriatic AdSP
Ancona
In the first quarter of 2024 the orders of port means produced by Konecranes fell by -51.6%
Hyvinkää
Grimaldi has taken delivery of the multipurpose ro-ro Great Abidjan
Naples
It is the fourth of six class ships "G5"
Baltimore attributes to owner and operator of the ship Dali the blame for the collapse of the Key Bridge
Baltimore
They would have been established dysfunction to the power supply on board that would cause a blackout
Grimaldi and IMAT have renewed the five-year agreement for the training of crews
Castel Volturno
Focus on new technologies installed on board ships
The quarterly economic performance of DSV is still declining
Hedehusene
In the first quarter of this year, the value of net profit decreased by -27.2%
Approved the consuntive budget 2023 of the AdSP of the Sardinia Sea
Cagliari
An administration surplus of 530 million euros, of which more than 475 tied for works in progress
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