30.05.2022

A new Asian-African link

A new African connection is on. Hapag-Lloyd is launching its new bi-weekly service Maputo Express (MAX) at the beginning of June 2022. The direct service will rotate between only three ports: Jebel Ali, Dubai, Mundra, India, and...
30.05.2022

Green label in Gabon

The Owendo Container Terminal (OCT) in the port of Owendo in Gabon has been granted the Green Terminal label. The certification was issued after an audit conducted by Bureau Veritas in early May 2022. This audit includes the...

Viva México!

Verstetigt sich der Umschlagsanstieg in Mexikos Häfen?
25.05.2022

Seaspan's growing order book

The Hong Kong-based Seaspan Corporation, an affiliate of the Atlas Corporation, is planning to acquire more newbuilds. Its agreement with "a major shipyard" that was not specified, includes the order of four 7,700 teu...
25.05.2022

Jacksonville's deepened channel is wide open

Jacksonville (Florida) recently celebrated the completion of the Jacksonville Harbour deepening project. Covering 13-miles (21 km), the project is also funded by the US federal authorities. The federal shipping channel was...
25.05.2022

175 candles on the cake

These are early congratulations, since the first founding of the future Hapag-Lloyd took place on 27 May 1847 – almost exactly 175 years ago. Shipowners and merchants in Hamburg created the Hamburg-Amerikanische...
24.05.2022

Big investment for Panama

It's a big deal: Notarc Management Group (NMG), a Latin American-focused private investment and asset management firm, which launched its Panama Development Fund (PDF) last year, is going to acquire and accomplish the Panama...
24.05.2022

The return of the idle fleet?

According to the Swedish maritime platform provider Xeneta, carriers are starting to "balance demand and capacity to protect rates." A capacity reduction of 517,300 teu - or 25% of the initial capacity offering - was...
24.05.2022

More containers down the Rhine

In Q1/2022, throughput at the Swiss Rhine ports was just under 1.2 million t, 7.8% below Q1/2021 (1.26 million t). The big winner was the container sector with almost 37,000 teu (+31%). Export traffic recorded an uptick of...
24.05.2022

Sustainable laurels for Valenciaport

Environmental sustainability is today's battle cry. In this context, the Port Authority of Valencia (PAV) has won a prize at the World Sustainability Awards, the “port Oscars” in environmental matters, granted by the...
23.05.2022

ZIM's new outlook on 2022

For the Haifa-headquartered shipping company ZIM, business in Q1/2022 continued the previous year's trend. Unlike some other carriers, ZIM was able to grow its volumes by 5% compared to Q1/2021. The company's adjusted ebitda...
23.05.2022

WCI on a stable high

Drewry's World Container Index moved sidewards (-0.1%) this week, maintaining the level of USD 7,648.18 per feu. A comparison with the same period in 2021 shows the difference. The WCI is 24.7% higher than the same week in 2021....
23.05.2022

13 million boxes too much?

The transport time is the secret. The Copenhagen-based maritime consultancy Sea-Intelligence recently analysed the data provided by Hapag-Lloyd, looking at the development in both the size of the equipment fleet as well as the...

Hohe Erwartungen

Auch in Krisen wächst Titan Containers stark.
20.05.2022

Maritime transition to new energies

The maritime transport sector is continuing its transition to new sources of energy for ship propulsion, according to data from the analyst Clarkson Research Services. Newbuilds are leading from the front. 63% of the GT...
20.05.2022

Laurels for a green newbuilding

The ‘Auto Advance’, the Norwegian shipping line UECC’s first multi-fuel LNG battery hybrid PCTC, recently won the ‘Shippax Ro-Ro Technology & Environment Award’. The accolade, a trade award combining the ro-ro, ferry and...
20.05.2022

Emissionless catamarans in Stockholm

The first two routes of a ground-breaking fast electric ferry, the ‘Beluga24’, have been set in Stockholm. Passengers travelling to and from the communities of Täby and Österåker will be the first to benefit from the vessel's...
19.05.2022

Corrigendum - Fiata calls for a turn of the tide on the seas

The FIATA HQ Meeting in Geneva, one of the annual gatherings of the global organisation’s 40,000 freight forwarders, is addressing one of the palpitant challenges, the vertical integration of the industry – by the...
19.05.2022

A mixed picture in Hamburg

The Port of Hamburg witnessed different trends in the market In Q1/2022. While container handling rose by 1.8% to 2.2 million teu, total throughput declined by 2.8% to 31.2 million t. The sanctions against Russia that came...
19.05.2022

Eimskip not affected by Russia's war

In Q1/2022, Eimskip also benefitted from the positive trends in the shipping industry. The group achieved good volumes in imports and exports to and from Iceland, progress in its trans-Atlantic services and a strong financial...
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