09.11.2022

15 years in Japan for the Marshall Islands registry

The fleet of the Republic of the Marshall Islands (RMI) registry stood at 193.8 million grt on 30 September, and 7.4% of that is Japanese-owned or operated. Since 2007, the Tokyo office of International Registries Inc (IRI) ,...
08.11.2022

New units for Wan Hai Lines

The Taiwan-based carrier Wan Hai Lines recently baptised the “Wan Hai A07” and “Wan Hai A08”, its first two vessels in the series of 13,100 teu containerships. The ceremony was held at Samsung Heavy Industries Geoje shipyard,...
08.11.2022

CIT operational in Port d’Abidjan

Early in November, the Côte d'Ivoire Terminal (CIT) officially launched the commercial operations of its new container terminal in the port of Abidjan. The first vessel to arrive was the ‘CMA CGM Rossini’ (267 m long and 40 m...
08.11.2022

Improving connections to the Philippines

Japan’s Ocean Network Express (ONE) has launched a weekly service, the Philippines Express 2 (PHX2), to complement its Philippines Express (PHX) and further enhance its network in and out of the north and the south of the...
07.11.2022

An MOU for a Shanghai FTZ

Port and terminal operator DP World has inked a memorandum of understanding (MOU) for an engagement in the Lin-Gang Special Area, a free-trade zone (FTZ) in Shanghai. The MOU was signed in a virtual ceremony with the Shanghai...
07.11.2022

Finnlines going strong

Finnlines transported 572,000 cargo units, shipped 99,000 cars, and carried 514,000 private and commercial passengers from January to September 2022, generating a revenue of EUR 558.4 million, which is 31% up from the same period...
07.11.2022

Ongoing expansion down under

Wisetech Global, the Australian developer of the logistics software ‘Cargowise’, has further extended its portfolio by acquiring Shipamax, a provider of data entry automation software for the logistics industry. The Shipamax...
04.11.2022

5G tests in Duisport

Work on a 5G test field in the port of Duisburg has begun. The objective is to test the semi-automated control of port cranes via mobile phone technology and to increase throughput without requiring additional space. Over the...
04.11.2022

Large investment by ADP

Abu Dhabi Ports (ADP), which operates ten hubs and terminals in the United Arab Emirates, has agreed to buy a controlling stake in Dubai-based Global Feeder Shipping (GFS), investing approximately USD 800 million to this end....
03.11.2022

The deal is on

It was a long struggle, but the outcome is clear. Atlas, the holding with Seaspan as a major global containership lessor in its portfolio, has agreed with Poseidon Acquisition on the sale of its shares. Poseidon is a consortium...
03.11.2022

Behemoths on methanol

Sometimes it is not the seven dwarfs, but the seven giants. The Hong Kong-based Orient Overseas Container Line (OOCL), an affiliate of Cosco, has extended its orderbook. Seven newbuilds with dual-fuel methanol-compatible engines...
03.11.2022

NYK banking on Indonesian energy

It is a strategic agreement. The Japanese carrier NYK has now reached a basic agreement allowing it to invest in PT Pertamina International Shipping (PIS), a shipping subsidiary of the oil and gas company PT Pertamina (Persero)...
03.11.2022

Ocean money for logistics investment

For A.P. Moller - Maersk (Maersk), Q3/2022 turned out to be just as bountiful as expected. Compared to the previous quarter, turnover rose by 37% and ebitda even increased by a whopping 60%. CEO Søren Skou spoke of the "16th...
02.11.2022

A birthday brand is born

DCT Gdansk has changed its name to Baltic Hub. Celebrating its 15th anniversary this year, the terminal operator underlined that the name change testifies to its ambitions to become the major player hub in the region....
02.11.2022

Special shipment from South Korea to Poland

Hyundai Engineering contracted Deugro to 120,000 freight tonnes of petrochemical equipment, from South Korea and China to Police, Poland. The project in question encompassed a number of oversized and heavy lift (OSHL) units,...
02.11.2022

A federal grant to cut emissions

In Florida, the federal department of transportation’s (DOT) maritime administration has awarded a grant of USD 23.5 million to support Jaxport's programme to reduce emissions with the sustainable solutions (express) project....
01.11.2022

Major relocation in Yokohama to come

The Yokohama Kawasaki International Port Corporation (YKIP) and the CMA CGM Group have signed a reservation agreement for the Honmokufuto D5 container terminal in Port of Yokohama. This move is part of the preparations for the...
01.11.2022

Twelve sisters complete

It is the end of a long journey. The last of twelve hybrid ro-ro ships of the Grimaldi Green 5th Generation (GG5G) class was recently delivered from the Chinese Jinling shipyard in Nanjing. The “Eco Italia” flies the Italian...
01.11.2022

Rina now at Iwsa

The classification society Rina has officially become an associate member of the International Windship Association (Iwsa), which is a not-for-profit, member-driven organisation that facilitates and promotes wind propulsion for...
31.10.2022

Container flows not peaking yet

In September 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) surged to 126.8 points from the 125.9 points (seasonally...
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