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23.01.2024

MOL commits to safety

Mitsui O.S.K. Lines (MOL) has introduced the 'MOL Group Safety Vision', setting out its approach to enhancing safety in both its shipping and growing non-shipping businesses. The safety vision aims to integrate with MOL's...

Vor dem Scheitelpunkt der Welle

Die weltweite Kapazität in der Containerschifffahrt wird im Jahr 2024 am stärksten zulegen. Der Neubau von Containerschiffen kennt nach dem Prinzip von «Me-Too» seine eigene Logik. Die hohen Fracht-Volumina der Jahre 2021 und...

22.01.2024

Corpus Christi: record throughput in 2023

The port of Corpus Christi in Texas, USA, recorded a historic high in annual tonnage in 2023, surpassing 200 million t for the first time. The 203 million t throughput is 8.1% up from the previous year. A significant portion of...

22.01.2024

Second-largest drop in trade capacity

The now month-long Red Sea crisis has caused the second-largest drop in trade capacity in recent times and destabilised service networks, particularly affecting Asia-Europe routes. The Sea-Intelligence Trade Capacity Outlook...

22.01.2024

Alta Signa's marine underwriting bid

Alta Signa Europe, a managing general agent (MGA), launched its new European marine underwriting business on 18 January this year. Focusing on core marine insurance lines, the unit is backed by partners like Axeria Iard, Sirius...

19.01.2024

Red Sea tensions: a global impact

Missile attacks in the Red Sea – most recently on two commercial vessels, the 'Gibraltar Eagle' and the bulk carrier 'Zografia'- continue to disrupt global supply chains. Despite air and missile strikes by the USA, the UK,...

19.01.2024

Building a medical logistics hub in Kenya

Mitsui O.S.K. Lines (MOL) and MOL Logistics (MLG) have partnered with Revital Healthcare, a Kenyan medical supplies manufacturer, to create a healthcare logistics centre in Mombasa's special economic zone. The alliance will...

19.01.2024

A peak year for the port of Kiel

The port of Kiel reported record volumes of 7.89 million t of cargo and 2.82 million passengers in 2023, marking its busiest year in terms of freight and passenger traffic. This includes 1.64 million ferry passengers and 1.19...

18.01.2024

A new order on the horizon?

A new era of alliances is in the making. Hapag-Lloyd and A.P. Moller-Maersk have agreed to launch a new alliance, called the 'Gemini Cooperation', in February 2025. The break-up of 2M, an alliance between Maersk and MSC, was...

18.01.2024

Terminal operator rebranded

Carrix, a marine terminal operator based in the USA and the Americas, has rebranded Ceres Terminals (Ceres) as SSA Marine. Announced in January 2024, this move is a follow-up to the acquisition revealed in September 2023. The...

18.01.2024

The clean dozen

Ocean Network Express (ONE) has contracted Jiangnan Shipyard and Yangzijiang Shipbuilding to build six 13,000 teu methanol dual-fuel container ships each, set for delivery from 2027. This initiative marks ONE's entry into...

18.01.2024

Sea & Ports expands in Libya

Sea & Ports Group, a maritime services provider, has secured an exclusive agency agreement with HMM (Hyundai Merchant Marine) in Libya. This development follows the company’s previous expansion into Morocco, Tunisia, and...

17.01.2024

New CFO at HHLA's helm

Hamburger Hafen und Logistik AG (HHLA) has named Annette Walter at its new CFO to oversee finance and real estate. She joins from Steag and brings extensive experience from her time at Deutsche Bank, HSBC, and E.ON. Angela...

17.01.2024

MSC investing in India

Container terminal operator Terminal Investment (TIL), part of the Mediterranean Shipping Company (MSC), is investing in India. It recently took over 49% of the shares of the Ennore Container Terminal (AECT). The box terminal is...

17.01.2024

London Gateway transitions to HVO

DP World UK has phased out fossil diesel at London Gateway, shifting to hydrotreated vegetable oil (HVO) from January 2024. As part of the company’s sustainability efforts, this change is expected to reduce carbon emissions by...

16.01.2024

Bangkok Port Authority opens free zone

The Bangkok Port Authority inaugurated a new free zone on 10 January, offering 24,000 sqm of warehousing and container yard space, aimed at enhancing services in the Bangkok Metropolitan Region for importers, exporters,...

16.01.2024

PSA thrives in 2023

PSA International handled 94.8 million teu of containers globally in 2023. Singapore's terminal saw a 4.8% growth, procressing 38.8 million teu, while terminals outside Singapore handled 56 million teu, growing by 3.9%. This...

16.01.2024

LHG braves economic headwinds

Lübecker Hafen-Gesellschaft (LHG) faced a challenging economic environment in 2023, with a 4.8% decrease in total cargo handled compared with 2022. The decline from 22.4 million to 21.3 million t was mainly due to reduced...

15.01.2024

Arcese leases warehouse in Spain

Arcese, a global logistics operator, and Cilsa, which manages ZAL Port, have signed a new lease for 10,264 sqm of warehouse and 957 sqm of office space at ZAL Port in Barcelona, thus reinforcing their partnership. This...

15.01.2024

OOCL feels the pressure

Hong Kong-based Orient Overseas Container Line (OOCL), an affiliate of Cosco since 2018, recorded more volumes, but significantly less revenues in Q4/2023. The revenues almost halved (-49%), falling from USD 3.18 billion in...

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