06.09.2021

Not only California

The Port of New York and New Jersey moved almost 759,000 teu in July 2021. Cargo volumes went up by 14.5% from pre-pandemic July 2019, which set a new monthly record mark in the East Coast port. Compared to the previous month,...
06.09.2021

Will carrier profitability last?

Patrik Berglund, CEO of freight rate benchmarking platform Xeneta, expects the big carriers to further seek higher contract rates to extend profitability The surge in carrier profitability has been based on the high spot freight...
06.09.2021

Maritime decarbonisation in Singapore

Singapore's maritime and port authority has launched the formation of its own global centre for maritime decarbonisation. To start with, the MPA and six founding partners - BHP, BW Group, Eastern Pacific Shipping, Foundation Det...

Konstanten in der Schifffahrt

Trotz der kürzlichen variablen Entwicklungen in der Wirtschaft und damit auch der Schifffahrt sind auch Konstanten auszumachen, dies zum Beispiel bei gewissen Häfen.
03.09.2021

Fifteen for ZIM

Haifa-based carrier ZIM has decided to use its option for a long-term charter of five more 7,000 teu liquefied natural gas (LNG) dual-fuel container vessels from Seaspan Corporation. ZIM and Seaspan announced the transaction...
03.09.2021

Maersk signs Magna Charta

Seafreight giant Maersk has inked the low carbon charter launched by the Hong Kong Business Environment Council (BEC). The carrier is now committed to contributing towards Hong Kong’s long-term decarbonisation ambition and the...
03.09.2021

Sails for rockets at sea

A site for the production of Oceanwings, a wind propulsion system for maritime transport, has now been found. Ayro has signed a contract to this effect with the Chamber of Commerce and Industry of Caen in Normandy, concessionaire...
02.09.2021

Even Golden Week won't ease the pain

On the basis of current deployment schedules, Copenhagen-based maritime intelligence provider Sea-Intelligence predicts that offered vessel capacity on Asia-North America West Coast will be between 420,000-460,000 teu in the...
02.09.2021

New heart for Port of Long Beach

The completion of the Middle Harbor redevelopment project in the Californian Port of Long Beach has transformed two aging terminals into one of the world’s most technologically advanced container terminals. The new Long Beach...
02.09.2021

"Paderewski" sails east

The "Paderewski", Chipolbrok's one of four Pacific type heavy lifters built in 2016 with cranes lifting up to 700 t and hatches of up to 50.56 m length, is on its tour to Asia again. The eastbound trade started at...
01.09.2021

Hybrid units for Finnlines rolling

The newbuilding programme of Finnlines, the Baltic Sea operator, continues. The liner's second hybrid ro-ro vessel was launched recently, and the keel laying ceremony for the third vessel has just taken place. The three ro-ro...
01.09.2021

More volumes, revenues and vessels for CMA CGM

Fleets around the world are growing. That's also the case for CMA CGM, which recently reported its results for Q2/2021. So far, 14 new owned vessels and 32 second-hand vessels were added to the fleet in 2021. Out of these, eight...
01.09.2021

Funding for new terminal at Trois-Rivières

In the Canadian Port of Trois-Rivières, the Terminal 21 construction project has taken the next step with the confirmation of public funding of CAD 22.5 million from the Ministère des Transports du Québec under the Advantage St....
31.08.2021

Gradual recovery in Hamburg

Throughput in the Port of Hamburg picked up in H1/2021: at 63.5 million t, it grew by 3.8% compared to the same period last year, but is still 8.5% below the level of H1/2019 (69.4 million t). Container handling in H1/2021...
31.08.2021

Port of Brussels' comeback

The inland Port of Brussels has recovered quickly since the lifting of almost all sanitary restrictions. Freight traffic in the first half of the year rose by 11% to 3.65 million t of goods compared to the first six months of...
31.08.2021

Empty containers: filling the gaps

Hamburg-based shipping company Hapag-Lloyd has ordered another 75,000 teu dry boxes. The containers will be manufactured in China and delivered to Hapag-Lloyd in the course of Q4/2021. Since the beginning of 2020, Hapag-Lloyd has...
30.08.2021

Reliability at a stable low, Sea-Intelligence says

Sea-Intelligence, a Copenhagen-based maritime intelligence provider, has updated its schedule reliability figures up to and including July 2021. The report covers the relevant data from 34 trade lanes and more than 60 carriers....
30.08.2021

Container terminal in Monfalcone sold

Italian infrastructure fund manager F2i has purchased a second terminal in Monfalcone in Northern Italy. The Compagnia Portuale Monfalcone (CPM), operating in the port of Monfalcone, comolements the port operations already...
30.08.2021

More money for Nyshex

Nyshex witnessed another funding round with an additional USD 15 million. The money came from existing investors. The investment was led by New Road Capital Partners, along with Collate Capital, Blumberg Capital and the New York...
27.08.2021

Mixed picture for global container throughput

The container throughput index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose by 1.6 points (seasonally adjusted) to 125.1 in May, according to the current...
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