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28.06.2021

Container index: the only way is up

The container throughput index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose by 2.3 points (seasonally adjusted) to 128.6 in May, according to the current...

28.06.2021

How maritime trade performed in 2020

The European Maritime Safety Agency (EMSA) has published a report that aims to quantify the impact of the Covid-19 pandemic measures in maritime transport. Maritime trade in the European Union (EU) fell by 9.3% in 2020,...

28.06.2021

Zim completes early redemption

Haifa-based Zim Integrated Shipping Services recently announced “the full completion of the early redemption of 100% of the principal amount and accrued interest of its series 1 and 100% series 2 unsecured notes.” The measure,...

25.06.2021

How double sailings intensify port congestion

Copenhagen-based maritime consultancy Sea Intelligence recently analysed the impact of double sailings in the booming deep sea container shipping market. This is when two or more vessels sail in the same week on the same service...

25.06.2021

More space in Koper

The container quayside at the southern end of Pier I in Slovenia's Port of Koper has been extended by 100 m. It serves a new berth, named Link 7D. The project also includes the construction of a 25,000 sqm container storage area...

25.06.2021

Green light for methanol-powered tug

The port of Antwerp is set to become the first hub in the world to convert a tug to methanol propulsion. The move is part of the European Union-funded ‘Fastwater’ project, which aims to demonstrate the feasibility of methanol as...

24.06.2021

Record month for port of Virginia

In May the US east coast port of Virginia, whose activities centre on Hampton Roads harbour, set a new record for a single month when it handled almost 315,000 teu, a 56% rise that saw it surpass the previous record by almost...

24.06.2021

HL orders ULCVs

The German shipping line Hapag-Lloyd recently finalised an order for another six 23,500 teu ultra-large containerships, bringing the number of ULCVs in the carrier’s pipeline to twelve. The move “won’t provide immediate relief...

24.06.2021

Analysing wind propulsion for commercial ships

The Marin research institute and the American Bureau of Shipping classification organisation (ABS) have launched a joint industry project to facilitate wind propulsion as an important tool in the decarbonisation of shipping....

23.06.2021

RST and Kramer do a swap

Rotterdam Short Sea Terminals (RST) and Kramer Group have agreed to swap certain areas of their port concessions at the City Terminal Rotterdam. RST will take over the area generally known as ‘Kramer Site’, which is of strategic...

23.06.2021

More ZIM for Alibaba

Haifa-based carrier ZIM Integrated Shipping Services and e-commerce platform Alibaba.com have announced that they will extend their cooperation agreement for two more years. The agreement that enabled Alibaba.com sellers to...

23.06.2021

MOL's Mauritius fund ready for action

Japanese carrier MOL has established the "MOL Charitable Trust" in the Republic of Mauritius as part of its actions to address the impacts of an oil spill, which occurred when the MV "Wakashio", a bulk carrier...

Mehr Brücken zur See

Der Ernstfall setzt die strukturellen Veränderungen im Verkehr zwischen Grossbritannien und den Ländern der EU durch. Auch neue Partnerschaften treiben den Ausbau der Short Sea Shipping-Verkehre u.a. von Unifeeder, P&O Ferries...

22.06.2021

CMA CGM speeds up service

Marseilles-based carrier CMA CGM is restructuring its Bsmar service connecting the Black Sea, Turkey and Morocco, as from June 2021. Transit and lead times will be improved due to the rescheduling of terminal berthing windows...

22.06.2021

Trieste Marine Terminal ready for fresh fruit

The Trieste Marine Terminal is prepared for the harvest season. There is now more space for reefer containers, due to the implementation of an additional power unit, and new plugs are now operational to comply with seasonal peaks...

22.06.2021

Harren Bulkers' growing fleet

The bulk carrier’s fleet continues to grow: German shipping company Harren Bulkers just acquired the Handysize bulker “Pabari” (37,000 tdw, built 2012, Hyundai Mipo Dockyard, South Korea). With an overall length of almost 187...

21.06.2021

End of Yantian turmoil in sight?

The Chinese Port of Yantian, which handles 13 million teu per year, regularly keeps causing turmoil due to a pandemic outbreak that started several weeks ago. According to the American maritime consultancy Project 44, rising...

21.06.2021

More space for manoeuvre at Panama

The Panama Canal Authority recently increased the maximum length (LOA) allowed for vessels passing the Neopanamax Locks. Now, the LOA for call units on regular transits through these locks is exactly 370.33 m. This is almost 3 m...

21.06.2021

New service provider in Algeciras

Elcome International is opening a new office in Algeciras, Southern Spain, as its second location in Europe. The facility will offer sales and technical support for the company’s portfolio of ship navigation, communication,...

18.06.2021

Impact of cyberattack slows down

Its outstanding financial performance in Q1/2021, ahead of other carriers in a bull market, did not save South Korean HMM from become the target of a virus attack. This is another landmark after the incidents concerning Maersk in...

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