17.03.2023

Major privatisation in East Asia

In South Korea, the government-owned stakeholders have launched a process to privatise HMM, the nation’s major shipping line since the bankruptcy of Hanjin Shipping in 2016. The sellers are the state-owned Korea Development Bank...
17.03.2023

Yang Ming posts historic profit

The Yang Ming Marine Transport Corporation delivered a strong performance in 2022, driven by strong demand and high average freight rates in the container shipping market. During the 382nd board meeting, held on 9 March, the...
17.03.2023

10 x ONE

Singapore-based Ocean Network Express (ONE) has ordered ten large containerships with a capacity to carry more than 13,700 teu each, to be delivered in 2025 and 2026. This order is in line with the company's medium-term strategy,...
17.03.2023

Two prime ministers meet at the Rijeka Gateway

Mette Frederiksen, the prime minister of Denmark, and her opposite number from Croatia, Andrej Plenković, met at the Rijeka Gateway terminal in Croatia on 6 March. According to Koen Benders, the CEO of the Rijeka Gateway, which...
16.03.2023

Christening the new king of capacity

Most of the general managers concerned held speeches welcoming the first ship of the 24,116 teu ultra-large containership series at a christening ceremony which was held on 9 March 2023. Other representatives signed the delivery...
16.03.2023

New record for PSA Singapore

PSA Singapore has compared the results of the financial years 2022 and 2021. In 2022, it achieved a new record in container throughput measured in teus since PSA Jurong Island Terminal began operations in 2012. On 31 December...
16.03.2023

Smart Freight Centre Community wins new member

Rhenus has partnered with Smart Freight Centre's (SFC) "Clean Cargo", a buyer-supplier forum for sustainability in the cargo shipping industry, to collaborate and share its best practices with other industry leaders....
16.03.2023

Zeaborn to implement Shipin's Fleetvision

Zeaborn Ship Management, a third-party ship manager based in Hamburg and Singapore, will use Shipin Systems' patented Fleetvision to enhance its structures, transparency and efficiency, achieve better results and thus improve...
15.03.2023

"Boxbay" to be implemented in Busan

Dubai-based DP World has commissioned the "Boxbay" system from German plant technology supplier SMS Group. Group chairman and CEO of DP World Sultan Ahmed Bin Sulayem, and chairman and CEO of SMS Group Burkhard Dahmen...
15.03.2023

Wilson and Seaber ink partnership

Seaber.io, a Finnish maritime software company dedicated to reducing inefficiencies, costs and the environmental impact of bulk and break-bulk shipping, and Norway-based Wilson, European short sea company, have announced their...
15.03.2023

ZIM happy with "exceptional year"

The Israeli company ZIM released its financial results for the fourth quarter and full year of 2022, which president & CEO Eli Glickman qualified as "an exceptional year". Net income for the full year was USD 4.63...
14.03.2023

Maersk provides shipping to Ukraine

The Danish shipping company A.P. Moller – Maersk has found a solution to continue the transport of freight to Ukraine, while taking into account safety rules. There will be two routes to go to Ukraine, more specifically to the...
14.03.2023

HPC puts Indian terminals through their paces

HPC Hamburg Port Consulting (HPC) has carried out a technical due diligence assessment for Hapag-Lloyd as a basis for investment in a share of J M Baxi Ports & Logistics Limited (JMBPL). The participation involves twelve...
14.03.2023

HGK Shipping: state neglects inland navigation

Steffen Bauer, CEO of HGK Shipping, part of Häfen und Güterverkehr Köln, has criticised one aspect of the federal ministry of transport’s latest study on transport development: the consistent disregard of inland waterway...
13.03.2023

CNC launches NTX1

The new NTX1 service created by CNC, an Intra-Asia short sea specialist based in Singapore, will set sail today, 13 March 2023. With this addition, the CMA CGM brand aims to offer one of the fastest transit times between...
13.03.2023

EU ETS for decarbonisation and against evasion

Today, 13 March 2023, the European Parliament is expected to vote on the political agreement for the revised EU emissions trading system (ETS). The European Sea Ports Organisation (Espo) and the Federation of European Private...
13.03.2023

Port of Pointe-Noire proves its capabilities

The arrival of the ‘MSC Virgo’, a 366 m, 15,000 teu vessel, at the port of Pointe-Noire (Republic of the Congo) on 27 February, is part of MSC’s expansion plans to extend its network in sub-Saharan Africa by redesigning its...
10.03.2023

Rotor sails for MOL and Vale's bulk

The Japanese shipping company Mitsui O.S.K Lines (MOL) and the Brazilian mining company Vale International, (Vale) have announced a new environmental initiative. Together, they plan to retrofit a 200,000 t class bulk carrier...
10.03.2023

Richard Morgan to lead Imea region

Shipping company A.P. Moller – Maersk has appointed Richard Morgan as regional managing director to lead its newly created Imea region. With this project, Maersk hopes to “look further into the future”, Morgan said. With...
10.03.2023

Sweden replaces Russia as main trading partner

Germany's seaports handled 279.1 million t of goods in 2022, - 3.2% less than in 2021 and 4.9% less than in 2019. As reported by Germany's federal statistical office, the volume of goods received from abroad (-1.5%) fell much...
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