26.10.2021

Huge investments in Gioia Tauro

After taking over 100% the shares of Medcenter Container Terminal in Gioia Tauro in April 2019, the new owner Terminal Investment Limited, the terminal branch of the Swiss carrier Mediterranean Shipping Company (MSC), has decided...
26.10.2021

HMM launches its own FIL service

The South Korean carrier HMM, member of The Alliance, is launching the Far East-India-Latin America Service (FIL), a new regular container shipping route. The link will connect Busan to the Eastern Coast of Latin America. The...
26.10.2021

More capacities at Duluth

In USA, Duluth has now become the second port on the Great Lakes-St. Lawrence Seaway System capable of handling containers by direct water connection. Recent investments in infrastructure and capabilities have upgraded existing...
26.10.2021

Fire onboard "ZIM Kingston" under control

The fire, which broke out onboard the "ZIM Kingston" last week, has been extinguished, the carrier said in a press release. On Friday 22 October 2021, the vessel, chartered by ZIM, en route from Pusan to Vancouver, ran...
25.10.2021

Another service to link Gulf with Pacific

Singapore-headquartered Pacific International Lines (PIL) is launching a new weekly direct service connecting central and south China to the Gulf region in the Middle East. The new link complements the already existing CSG...
25.10.2021

Next LNG carrier in operation

The Knutsen shipping company from Norway recently held the official naming ceremony of the ‘Ravenna Knutsen’, a medium-sized LNG carrier for the transport of liquefied natural gas (LNG) on a small and medium scale. In September...
25.10.2021

More vessels purchased

Haifa-based shipping company ZIM Integrated Shipping Services has enlarged its fleet with used units. In October 2021, it purchased seven second-hand vessels in a number of separate transactions. USD 320 million were budgeted for...
22.10.2021

Trade prices with China keep falling

Against a backdrop of highly volatile prices and capacities in deep sea container shipping between China and the Western countries, the Hamburg-based container market place Container X Change has published data on the trends for...
22.10.2021

Antwerp back to 2019 levels

The Belgian Port of Antwerp posted a throughput of 179.1 million t from January to September 2021. In comparison to the same period last year, the figures went up by 4.8% - and reached the pre-pandemic levels of 2019....
22.10.2021

Swiss-Swedish cooperation for methanol

Proman, a major producer of methanol headquartered in Switzerland, is working with Stena Line, a Swedish shipping company that operates about 140 vessels, on alternative fuels. By switching to this clean-burning fuel,...
21.10.2021

ONE for Oakland

It is a comeback. Singapore-headquartered Ocean Network Express (ONE) will relaunch its weekly service to Oakland which it discontinued in 2019. The carrier will revive its PS5 service back to Oakland on 13 November,...
21.10.2021

More safety for vessels calling at Le Havre

To improve the safety of ships at Le Havre, Haropa Port has installed the shore tension system – a solution enabling vessels to remain securely moored along the quayside. Ships regularly have difficulty in keeping securely...
21.10.2021

Global assessment of ferry sector's value

A study commissioned by the trade association Interferry and carried out by the UK-based consultancy Oxford Economics highlights the global ferry industry’s value to the world economy. Research into the latest pre-Covid...
20.10.2021

A niche from Dubai to the Pacific islands

It’s an invention of the 1985-founded non-vessel operating common carrier Cargo Gulf. The NVOCC has introduced a service linking the Persian Gulf and Sri Lanka to the Pacific Islands. The service commenced from Dubai (UAE) on 19...
20.10.2021

Alphaliner underlines shift to transpacific lanes

A shortage of tonnage, especially in the Far East–Middle East trade lane, has been identified by Alphaliner. Currently, none of the seven dedicated Central China–Middle East services operated by the big carriers offers the...
20.10.2021

Brexit not affecting Rotterdam

In Q3/2021 the port of Rotterdam saw the container volumes return to pre-Covid levels. Total freight throughput in the Dutch port rose to 118.5 million t, 14.6% more than in the same period last year. Throughput in the first nine...
20.10.2021

More money for Wakeo

Paris-based Wakeo, a data platform for shipping visibility, recently raised USD 11 million in a series A financing round. The company uses a global network of sources to collect data, which is bundled on a specific platform, for...
19.10.2021

Barcelona's first nine months in 2021

Until September 2021, the Port of Barcelona maintained double-digit growth in freight traffic. Container throughput was up 30.6% compared to the same period in 2020, amounting to 2.7 million teu. In comparison to pre-pandemic...
19.10.2021

China Navigation changes its brand

The China Navigation Company (CNCo) has been renamed Swire Shipping. It is the Swire Group’s oldest operational brand. “Swire Shipping is widely recognised as the operating name of the business,” commented James Woodrow, managing...
19.10.2021

Bonds for Savannah

The Georgia Ports Authority (GPA) does not intend to finance the build-up of its port facilities via credits from banks. Instead, it has announced plans to issue via public offering approximately USD 425 million in revenue bonds...
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