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22 May 2024 - Year XXVIII
Independent journal on economy and transport policy
14:48 GMT+2
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April 18, 2024

free news
Exim India web site
APRIL 18, 2024
  • Shipping Ministry issues advisory regarding West Asia routes
  • Maritime SheEO conducting survey on gender equality in Indian maritime industry
  • Outgoing DPA Chairman S. K. Mehta given a grand farewell
  • MOL to adopt new system to increase capacity and improve operational efficiency of car carriers
  • Continental Carriers successfully launches India's first RA-3 accredited Greenfield AFS near Indira Gandhi International Airport
  • Yasuhisa Emura is new MD of Yusen Logistics (India)
  • Maritime industry seen facing tougher times due to Israel-Iran tensions
  • Berth shutdown at Syama Prasad Mookerjee Port
  • IMO takes steps to further advance digitalisation in shipping, address cyber security threats, regulate autonomous ships
  • JN Port resolves dispute with SEZ project EPC contractor
  • Global container market growth significantly stymied by pandemic
  • Gati Shakti Multi Modal Cargo Terminal proposed at New Shambhu in Punjab
  • YOU ASK.. WE ANSWER...

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International Transport Journal web site
APRIL 18, 2024
  • First converted locomotive joins CSX fleet
  • 100 days of strategic partnership
  • Air Explore expands cargo capacity
  • A sustainable multi-level hub
  • GXO picks chief HR officer
  • Only road haulage has grown since 2012
  • Europe's first ammonia and LCO2 carrier
  • Ascent breaks ground in Arizona
  • Cargo Line's new Baltic partner
  • DB Schenker grows with Daimler in Australia
  • A promotion for Pierre Ngon
  • An eco-friendlier service
  • "Curiosity of the Day"
  • DSV doubles down on Dallas
  • Cool dollies in Abu Dhabi
  • From Grosvenor to Segro
  • Testing exhaust emissions in long-haul HGVs
  • Enhancing car carrier operations in Japan

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The Loadstar web site
APRIL 17, 2024
  • Capture of MSC Aries will further drive up Indian export costs
  • Kramek to succeed Butler in WSC top job
  • DB Cargo eyes rail freight arm sale amid concern over state subsidy
  • EXCLUSIVE: Kuehne + Nagel shockwaves in APAC
  • For forwarders, 'a hot Q4' will be all about controlling air cargo capacity
  • Now gauge the full downside with JB Hunt
  • Hong Kong drops out of world's top 10 busiest container ports
  • Hong Kong port drowns while innovative HKG flies
  • Hapag-Lloyd unveils Strategy 2030, with $120m retrofit plan for 'greener' fleet
  • Sustainability concerns don't show on shippers' procurement radar
  • Growing demand but slow cash flow poses a 'serious threat' to shippers
  • Analysis: On the wrong track - Transnet's rail freight reform

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Marine Log web site
APRIL 17, 2024
  • Vard introduces its new Vard Resilience military vessel series
    Earlier this month, Norway announced plans to increase its naval strength by adding a minimum of five new frigates with helicopters to the Norwegian Navy, along with up to ten large and
  • FTA announces $316 million to modernize ferry services
    The U.S. Department of Transportation's Federal Transit Administration (FTA) today announced the availability of $316 million to support and modernize passenger ferry service in U.S. communities with approximately three million ferry riders each month.

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Container News web site
APRIL 17, 2024
  • Singapore Shipping Association unveils tool to enhance cyber risk management
    Singapore Shipping Association (SSA), a trade association advocating for the interests of over 500 Singapore-based companies involved in ship owning, operating, and maritime services, has unveiled the MaritimeSG Shipping CyberSafe Scorecard. Developed in collaboration with the Maritime and Port Authority of Singapore (MPA) and industry experts, this initiative empowers vessel owners, managers and
  • MSC applies new prices from Far East to Europe
    Swiss/Italian container carrier MSC will implement the following new Freight All Kind (FAK) rates from Asia to Europe. Effective as from 1 May but not beyond 14 May from all Asian ports (including Japan, Korea & Southeast Asia) to North Europe, the new rates will be as follows: Port of discharge New All in Rates 20 DV 40 DV-HC NWC US$2,700 US$4,500 EAST MED US$4,100 US$5,600 BLACK SEA US$4,200 US
  • Port of Antwerp-Bruges handles over 3.2 million TEUs in first quarter
    The Port of Antwerp-Bruges said that despite the ongoing complexities in geopolitics and macroeconomics, its volume growth, primarily driven by a resurgence in container throughput, highlights the port resilience. Following a global slowdown in demand for container shipping in 2023 due to economic uncertainties and inflation, container throughput began to rebound in February at the Belgian port,
  • Port of Rotterdam achieves 10% CO2 emission reduction in 2023
    In 2023, there was a 10% reduction in CO2 emissions at the port of Rotterdam compared to 2022, amounting to a decrease of 2.2 million tons. Emissions are now one-third lower than they were in 2016, which marked the peak year for CO2 emissions at the Dutch port. Furthermore, in 2023, CO2 emission levels reached 20.3 million tons, falling below those of the reference year 1990 (20.6 million tons) f
  • ONE and Portchain ink deal to drive sustainability
    In the fall of 2023, Ocean Network Express (ONE) partnered with Portchain to focus efforts on enhancing collaboration with container terminals through the innovative Portchain Connect platform. This partnership envisages a reduction in the time for terminals and ONE to reach digital handshakes on berth changes, presenting a mutual opportunity for both parties to optimize their operational resourc
  • Ocean Network Express unveils sustainable shipping solution
    Ocean Network Express (ONE) has introduced its new environmentally friendly shipping service called ONE LEAF+. This service is specifically crafted to align with the shared decarbonization goals of the shipping sector. ONE LEAF+ empowers customers to actively oversee their emissions and reduce their environmental footprint throughout the entire value chain. ONE LEAF+ provides customers with vario
  • CMA CGM announces peak season surcharges from Asia to Africa
    CMA CGM has notified its customers about the implementation of a Peak Season Surcharge (PSS02) effective from 16 April 2024 (loading date) until further notice. This surcharge applies to shipments from China to various destinations including Angola, Congo, DRC, Namibia, Gabon, Cameroon, Nigeria, Côte d'Ivoire, Benin, Ghana, Togo, and Equatorial Guinea. The surcharge rate for dry cargo on these ro
  • Covid pandemic wiped 24.6 million TEUs off container market growth
    "Due to the Covid-19 pandemic, the global container market grew only 1.5% from 171 million TEU in 2019 to 173.5 million TEU in 2023. Without the pandemic, that figure would have been 24.6 million higher, landing at 198.1 million in 2023," says Niels Rasmussen, Chief Shipping Analyst at BIMCO. During the past four years, the container market has faced not only lower-than-expected growth in the glo
  • Maersk implements new surcharges from Asia
    Maersk has announced increases in its peak season surcharges from several ports in Asia to Kenya, effective from 29 April and 13 May. Below are the details of the revised tariff amounts: Charge name Origin Destination Rate basis Container Rate Peak Season Surcharge Brunei, Vietnam, Indonesia, Cambodia, Laos, Myanmar (Burma), Malaysia, Philippines, Singapore, Thailand, East Timor Kenya Per contain
  • Hong Kong seizes duty-unpaid electronic waste and products from container
    Hong Kong Customs and Excise Department busted an attempt to smuggle electronic waste and electronic products to Malaysia. An ocean-going boxship was detained at Kwai Chung Container Terminal on 4 April and a large number of suspected smuggled electronic parts, electronic products and electronic scrap, with an estimated market value of about US$13 million, were seized. The container was declared
  • Jebel Ali returns to top-10 busiest container ports
    Alphaliner's report said the Middle East's largest container port, Dubai/Jebel Ali, has re-entered the top 10 ranking of global container ports, overtaking Europe's biggest port and demonstrating the scale of the economic slump in Europe. Jebel Ali processed 14.47 million TEUs in 2023, up from 13.97 million TEU in 2022, enabling the UAE port to return to the top 10 after dropping out in 2019. Its
  • Port of Portland closes container terminal due to financial issues
    Port of Portland has decided to halt its container operations in October due to financial challenges, according to several US media. The major port in Oregon seems to be facing financial difficulties and as an agreement with a third-party operator was not completed, the Port of Portland said it cannot afford to keep the box terminal open past September. According to OPB, the Port of Portland has
  • Collaboration on pilot program for Maritime Book and Claim System
    RMI and the M�rsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) are teaming up with the Zero Emission Maritime Buyers Alliance (ZEMBA) and Hapag-Lloyd to initiate a pilot program for a Maritime Book and Claim System. This system aims to monitor and mitigate greenhouse gas emissions from ocean transport services, which currently contribute 3% to global emissions and are projected to r

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Splash web site
APRIL 17, 2024
  • Joe Kramek to succeed John Butler at World Shipping Council
    Liner lobby group, the World Shipping Council (WSC), has appointed Joe Kramek as its new president and chief executive officer. Kramek will succeed John Butler, who will retire at the end of July after nearly a decade at the helm. Before taking the top job, Kramek served as the WSC's director of US government relations ...
  • D'Amico orders two LR1 tankers in China
    Italian owner d'Amico International Shipping has signed a shipbuilding contract with Jiangsu New Yangzi Shipbuilding for the purchase of two new LR1 product tankers. The order was placed by the Italian firm's Irish subsidiary, d'Amico Tankers. The price for each 75,000 dwt vessel will be $55.4m. According to the company, the two newbuilds are expected ...
  • Changes at the top at Knutsen NYK Carbon Carriers
    Knutsen NYK Carbon Carriers (KNCC) has revealed a change in its top management with the promotion of chief technical officer Oliver Hagen-Smith. Hagen-Smith, who joined Knutsen in 2009, will take over as chief executive from Anders Lepsøe in May. Lepsøe will become the company's chairman as well as head of NYK Group Europe in Norway. ...
  • Jinhui bulks up with newcastlemax charter
    Chinese bulker operator Jinhui Shipping and Transportation has chartered in a vessel under a long-term deal for the second time in less than a week. The Oslo- and Hong Kong-listed company has contracted a 2017-built newcastlemax True Neptune for at least 33 months from the Singapore-based Olam Maritime Freight. The Chinese firm does have an ...
  • AET locks in Singfar aframax newbuilds
    Malaysian tanker player AET has struck a deal to bring in a pair of LNG dual-fuel aframax newbuilds on long-term charter. Singapore-based logistics and tonnage provider Singfar Group has fixed its 115,000 dwt duo recently booked for construction at New Times Shipbuilding in China. The vessels will be delivered to AET in 2027. No further ...
  • ONE launches new low-emission shipping service
    Japanese liner Ocean Network Express (ONE) has unveiled a reduced emissions shipping service designed to meet the shared decarbonisation goals of the shipping industry. The new shipping service, named ONE LEAF+, offers customers the opportunity to manage their emissions and minimise environmental impact across the value chain. The name is short for "low emission-able freight" ...
  • Seatrium looks into new energies and AI for offshore and marine sector
    Singapore shipbuilder Seatrium has partnered up with the city-state's Agency for Science, Technology and Research (A*STAR) to explore research opportunities in new energies and artificial intelligence (AI) to develop new products and engineering solutions for the offshore and marine sector. Under a memorandum of understanding (MoU) signed during Singapore Maritime Week, the parties said in ...
  • Shanghai stretches lead at the top of the boxport rankings to 10m teu
    Shanghai has built up an unprecedented commanding 10m teu lead over its nearest boxport rival in rankings of the top 30 container ports worldwide compiled by Alphaliner. Shanghai has been the world's largest container port for the last 14 years, beating Singapore into second place. It now stands on the cusp of being the first ...
  • HD Hyundai backs Scottish offshore wind sector
    South Korea's HD Hyundai Heavy Industries has signed a memorandum of understanding (MOU) with Scottish Enterprise (SE) and Highlands and Islands Enterprise (HIE) for cooperation on floating offshore wind projects. Under the agreement, HD Hyundai will share its know-how in designing and manufacturing floating offshore structures and support supply chain optimization measures. SE and HIE ...
  • Genco slams George Economou as boardroom battle heats up
    US-listed bulker owner Genco Shipping & Trading has urged shareholders in a definitive proxy filing to dismiss Greek shipping magnate George Economou's proposal and his nominee to the company's board. Economou, who, via his affiliated investment vehicles, holds about a 5.4% ownership stake in Genco, filed a proxy last week to nominate Robert Pons to ...
  • Zero Emission Maritime Buyers Alliance reveals winner of first tender
    The Zero Emission Maritime Buyers Alliance (ZEMBA), an initiative of Cargo Owners for Zero Emission Vessels (coZEV) facilitated by the Aspen Institute, which includes the likes of IKEA, Nike and Amazon as founding members, has selected the winner of its first tender. ZEMBA announced Hapag-Lloyd had won the two-year contract to ship goods on voyages ...
  • Woodside Energy taps Argeo for Calypso survey off Trinidad
    Norwegian surveyor Argeo has signed a contract with Woodside Energy for an AUV geophysical survey of the deepwater Calypso field off Trinidad and Tobago. The work will be carried out by the Argeo Searcher vessel and will begin in the third quarter of 2024. The project will occupy the vessel for approximately 60 days, not ...
  • Singapore to host digital ship identity trials
    Singapore will serve as a testbed to trial and pilot the use of digital ship identity in maritime applications such as digital port clearance and digital bunkering. During the ongoing Singapore Maritime Week, the Maritime & Port Authority (MPA) of Singapore has agreed to host the so-called Marine Vessel Pass (MVP) trials. S&P Global Market ...
  • Portland to close container terminal
    The US west coast will bid farewell to a container destination come the end of September. Officials at Portland in Oregon have decided to close and likely repurpose the city's sole mothballed container terminal this autumn as the facility no longer has any regular customers and has been losing millions of dollars for the past ...
  • Eureka signs for cement carrier at Dutch yard
    Eureka Shipping, a six-year-old cement carrier joint venture between SMT Shipping and the CSL Group, has contracted Holland Shipyard Group to build a 12,500 dwt cement carrier for operation in the Great Lakes. The vessel will replace two older vessels when it delivers next year, while maintaining the same cargo capacity. Key features of the ...
  • Seoul studies nuclear potential for ships
    The state-run Korea Research Institute of Ships and Ocean Engineering (KRISO) is studying developing core technologies for small modular reactor (SMR)-powered ships and floating SMR power generation platforms in a four year R&D program. KRISO said yesterday it will develop core technologies for SMR-powered ships, including a conceptual design of an SMR-powered ship and the ...

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Lloyd's List web site
APRIL 17, 2024
  • Greek broker Optima taps Singapore's draw for China and Asia owners
    Winston Yuan, the head of the brokerage's Singapore office who relocated from Shanghai last year, says he moved to be...
  • Sun sets on Venezuela oil sanctions relief as US opts to let licence expire
    Sanctions on Venezuela's oil and gas sector will resume on Thursday after the US chose not to renew a licence...
  • Hapag-Lloyd wins low-emission freight tender
    German carrier Hapag-Lloyd won the first tender by the Zero Emissions Maritime Buyers Alliance to deliver 90% emissions reduction for...
  • US Trade Representative heeds calls to probe China's maritime dominance
    The USTR has initiated a Section 301 investigation into 'China's targeting of the maritime, logistics, and shipbuilding sectors for dominance'...
  • Middle East tensions fail to move dial on war risk rates
    MSC Aries hijack and Iranian missile onslaught see little impact on Red Sea premiums and small hardening of Middle East...
  • MSC and CMA CGM buy up more chartered containerships
    CMA CGM is reported by brokers to have exercised a purchase option for a long-term chartered sub post-panamax. Meanwhile, MSC...
  • Portland container terminal to close in October
    Teu volumes at the port hit zero in 2017, and despite a revival during the pandemic, Portland's Terminal 6 will...
  • CMA CGM to partner with UN World Food Programme
    The CMA CGM Foundation has already shipped more than 38,000 tonnes of humanitarian aid since its creation in 2005
  • World Shipping Council appoints new president
    Container shipping's trade association sees a changing of the guard as Joe Kramek is appointed to the top job
  • No evidence more Chinese or Russian ships transiting Bab el Mandeb
    Transits of China- and Russia-affiliated ships through the Bab el Mandeb Strait have dropped as the situation has become increasingly...
  • Pandemic's lost economic growth hit box volumes
    Before the pandemic container volumes still grew at a higher rate than global GDP. Since then the GDP multiplier has...
  • HMM to expand fleet capacity to 1.5m teu by 2030
    HMM pledges to increase containership fleet capacity to 1.5m teu from current level of 920,000 teu by 2030 in preparation...
  • Greece commits to measures for greening of coastal shipping
    Public-private partnership is being put together with aim of building vessels to run on green fuels within 'three to four...
  • Genco vs George: US-listed owner responds to Economou as proxy battle heats up
    US-listed Genco has gone all out in its response to George Economou's fiery proxy statement filed last week. The bulker...
  • Antwerp-Bruges box volumes show signs of recovery
    Economic conditions in Europe remain weak, with muted growth prospects. But Belgium's port complex is seeing a great share on...
  • How could Middle East crisis play out for tanker exchange-traded fund?
    Trade disruptions have been positive for spot rates, and consequently, for shipping exchange-traded funds. Recent disruptions have left VLCC rates...
  • Daily Briefing
    Shipping braces for fallout as Middle East tensions flare | Cargo interests face long wait over Dali general average call...

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The Journal of Commerce web site
APRIL 17, 2024
  • WSC names government relations director as group's next CEO
    Coast Guard veteran Joe Kramek will succeed John Butler in August as chief executive of the World Shipping Council as US lawmakers continue to push legislation that brings greater scrutiny to the liner shipping industry.
  • J.B. Hunt Q1 intermodal demand flat despite US import surge
    The country's largest intermodal trucking provider was hit by a see-saw effect in early 2024 as a "dogfight" with truckers in the East balanced import gains in the West.
  • Antwerp-Bruges Q1 throughput shows growth after dismal 2023
    But it's an open question just how long the port's quarterly volumes can maintain that upward trend with weak economic conditions largely expected to remain in place in Europe this year.
  • Hapag-Lloyd wins Asia-Europe green shipping tender to launch next year
    An alliance of global shippers will pool their volume in a two-year deal with the carrier to transport cargo from Singapore to Rotterdam using fuel that produces zero CO2 emissions.
  • Portland plans to end container business by October
    The port said it was not able to secure an operator for its marine terminal, which was critical to securing further state aid to run the port through the rest of 2024.

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TradeWinds web site
APRIL 17, 2024
  • Fractal fleet fractures after UK sanction blow
    The fleet of 26 vessels at the start of 2024 are now under five different management companies
  • Iran vs Israel conflict propels uncertainty to the next level for shipping players
    Geopolitical strife, sanctions and the energy transition create a multi-pronged test for the industry
  • Norwegian Cruise Line bags loan to buy four new ships
    Nine banks to provide pre and post-delivery loan facilities
  • 'Compensation for sanctions': Iran stashes seized container ship near 'hijacked' tankers
    TankerTrackers says MSC-chartered container ship expected to be held for 'long period'
  • Clarksons chief Andi Case sees stake in shipbroking giant pass £28m after latest options moves
    Finance chief Jeff Woyda also sells performance-related stock to meet tax liabilities
  • Liner lobby appoints Joe Kramek to head World Shipping Council
    Former US Coast Guard legal eagle to take the reins of boxship lobby in August
  • Tanker rates show differing fortunes amid shaky geopolitical backdrop
    Global political climate looms in the background of tanker market activity
  • d'Amico International Shipping breaks nine-year newbuilding drought with $110.8m deal
    Italy's only listed shipping company has ordered a brace of LR1 tankers in China
  • Hapag Lloyd wins first zero-emission ZEMBA member tender
    Zero-emission tender will see Amazon and other ZEMBA members pay for biomethane under a book and claim system
  • Oldendorff, NYK and Canadian mining giant team up to decarbonise dry bulk supply chains
    Group aims for international collaboration and setting ambitious milestones to create a net-zero future from producer to shipper to customer
  • VLCCs return to Russia trade as changing sanctions create vessel oversupply
    Temporary lifting of measures against Venezuela has left some of the large shadow fleet tankers hunting for work
  • Norwegian Cruise Line lands bags loan to buy four new ships
    Nine banks to provide pre and post-delivery loan facilities
  • Jinhui bags biggest bulker yet in $27m newcastlemax charter deal
    Oslo-listed owner takes Singapore-owned vessel for up to three years
  • Mikael Skov opens up on why he is cashing in his shares in Danish football club
    Tanker company CEO says he sold some stock in Hvidovre because he has not lived in Denmark for many years
  • John Fredriksen ally wins seat on board of potential takeover target International Seaways
    Kristian Johansen is one of two picks by the US owner
  • Blacklisted ship manager Beks resumes Russia trades under fresh flags
    More than two-thirds of tanker fleet under new flag after UK hits Turkish operator with sanctions
  • Braemar's Australian 'office heartbeat' James a'Beckett resigns
    Melbourne-based long-player moves on to a new role with Japanese principal
  • 'Repayment avalanche': US bank closes $2bn in fresh deals to stand still in market awash with cash
    This week's Streetwise takes a look at the bank, formerly known as CIT, and its progress as one of the few US-based ship lenders
  • Tanker newcomer Singfar secures work for fresh newbuildings with AET
    Singapore-based company owns and operates about 20 tankers
  • Rainy days: Panama Canal opens up more slots and eases draft restrictions
    Waterway's authority will add eight daily transits next month as drought problems wane
  • Ievoli family to list offshore unit NextGeo on Milan Stock Exchange
    IPO moves forward after backing of cornerstone investors
  • Franbo Lines lured to China for the first time for bulker newbuildings
    Chinese shipyard offers competitive price and early delivery dates
  • Oliver Hagen-Smith takes top job at Knutsen NYK Carbon Carriers in generational shift
    Chief technical officer taking over from Anders Lepsoe, who will replace Svein Steimler as chairman
  • Hanwha Ocean receives muted response to rare VLCC berths tender
    Brokers say buyers are starting to show caution on large tanker action, particularly at such stiff pricing
  • 100 days to go: CMA CGM to transport 900,000 sports items for Paris Olympics
    French group deploying its huge fleet as an official partner of 2024 games
  • Eastern Pacific Shipping commits six new ammonia dual-fuel ships to Singapore flag
    Move reaffirms owner's support for MPA green initiatives
  • Japanese shipowner Iino Kaiun linked to large LPG newbuilding at Hanwha Ocean
    Deal takes the South Korean shipbuilder's order intake for this year to $4.1bn
  • Sinokor circulates LNG ship for sale less than a year after buying it
    South Korean shipowner set to flip LNG Alliance as it takes delivery of its first LNG newbuilding
  • CSL and SMT venture Eureka Shipping inks cement carrier order in Europe
    Cyprus-based company says cutting-edge vessel destined for operations in the Great Lakes
  • 'Compensation for sanctions': Iran stacks seized container ship near 'hijacked' tankers
    TankerTrackers says MSC-chartered container ship expected to be held for 'long period'
  • Sovcomflot boss concedes sanctions hit as 'old horse' shadow-fleet tankers take centre stage
    Russian CEO also says older vessels proving a challenge for insurers
  • Franbo Lines lured to China for the first time for bulk carrier newbuildings
    Chinese shipyard offers competitive newbuilding price and early delivery dates
  • Norway fund manager sees money shifting to shipping stocks in 'unique' upturn
    Martin Molsaeter bets on VLCCs and large bulkers
  • BW Group-backed Hafnia awards stock options to top management
    Share options totalling 752,060 given to CEO and CFO as part of remuneration package
  • Share your decarbonisation results, urges IMO's Dominguez
    Companies leading decarbonisation efforts should share their results for the benefit of the industry urges IMO secretary general
  • EU emissions trading scheme could split dry bulk market, says Klaveness' Michael Jorgensen
    Dry bulk chief holds positive outlook for sector despite numerous market challenges
  • US treasury secretary threatens new sanctions against Iran oil exports 'in the coming days'
    EU also eyes sanctions on Iran after weekend's attack on Israel
  • Share your decarbonisation results urges IMO's Dominguez
    Companies leading decarbonisation efforts should share their results for the benefit of the industry urges IMO secretary General
  • Weather disruptions curtail Rio Tinto iron ore exports in first quarter
    China's domestic steel demand is seeing little growth, but exports have risen 30% this year, supporting iron ore demand, says miner
  • Engine maker expects safety standards for ammonia fuelling by end of 2024
    Uwe Lauber says engine maker is working with port authorities and classification societies to draw up safety rules
  • 'Big data can give big problems, huge data can give huge problems', AI expert warns
    Artificial intelligence will become ubiquitous as the use case becomes clearer, argue digitalisation experts
  • Singapore shipping bash puts big guns in the spotlight
    Asian city-state's annual Maritime Week puts maritime front and centre
  • Steve Kunzer: Why Lila Global is 'sitting in its money' amid plans for 70 ship fleet
    Chief executive says secondhand prices for mid-age ships are just too high to bring value

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American Shipper web site
APRIL 17, 2024
  • Kramek prepares to lead World Shipping Council
    The World Shipping Council has named Joe Kramek its next president and CEO. He will replace John Butler, who plans to retire in July.
  • Asia Pacific Airlines on notice for $2.9 million FAA fine
    The Federal Aviation Administration has warned a cargo airline that supports the Pacific Islands that it plans to fine it $2.9 million for poor safety compliance.
  • United Airlines sets bar for Q1 cargo performance
    United Airlines nearly closed the year-over-year gap in cargo revenue during the first quarter as the air logistics sector shakes off a lengthy slump.

››› File
FROM THE HOME PAGE
Conftransport highlights seven topics to be addressed in EU to relaunch logistics and transport
Rome
Russian : The sector underlies the development of the single market.
COSCO expects a positive 2024 for the container sector
Shanghai
Waiting for a continuation of the growth trend in place for both shipping and production of containers
In April, container traffic in the port of Algeciras grew by 0.7% percent
Algeciras
More accentuated the increase (+ 7.4%) of the only containers in foreign transshipment abroad
Sharp improvement in the operational and economic performance of ZIM in the first quarter
Sharp improvement in the operational and economic performance of ZIM in the first quarter
Haifa
Growth particularly sustained in service markets in the Pacific and Latin America
In the next 12 months the value of noli in containerized shipping could fall to historic lows
Copenhagen
Danish Ship Finance believes that the effects of excess stir will become predominant
In March, freight traffic in the port of Genoa fell -3.9% percent and in Savona's airport-I'm going -24.2% percent.
In March, freight traffic in the port of Genoa fell -3.9% percent and in Savona's airport-I'm going -24.2% percent.
Genoa
In the capital's record capital, the crucierists for the first quarter of the year
In April, freight traffic in Russian ports decreased by -8%
St. Petersburg
In the first quarter of 2024, it was 288.4 million tons of cargo (-4.3%)
Order at Fincantieri and EDGE for the construction of ten altura patrols
Abu Dhabi / Trieste
The two companies have formalized the creation of the joint venture Maestral
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
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
Seattle
It is led by Stefano Borzone, manager with experience in the industry
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
New maxi seizure of drugs in the port of Civitavecchia
Rome
Intercepted a shipment of marijuana of more than 442 kilograms
Mercitalia Shunting & Terminal equipped with new locomotives for rail manoeuvre
Rome
These are locomotors DE 18 produced by Vossloh Rolling Stock
Saipem to fix contracts in Angola to total 3.7 billion
Milan
They were awarded by a company controlled by TotalEnergies
In April, container traffic in the port of Los Angeles grew by 11.9% percent
Los Angeles
In the first quarter of 2024 the increase was 24.8%
FERCAM bars on the Indian market
Bolzano
Opened a branch in New Delhi. The presence will be extended to Mumbai, Calcutta, and Chennai
Fincantieri vars a logistics support unit in Castellammare di Stabia
Trieste
It is the second LSS built for the Italian Navy Navy
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%)
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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
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.
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
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
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
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