18.09.2019

Iumi has mixed expectations for maritime insurance

Sean Dalton, chairman of Iumi's (International Union of Marine Insurance) cargo committee, recently reported a 2.5% increase in 2018 global premiums to USD 16.6 billion. However, the rise was largely attributable to growth in...
18.09.2019

Ship operating costs continue to fall

Ship operating costs are now in accelerating decline for the seventh year in succession, said the accountant and shipping consultant BDO. Total annual operating costs in the shipping industry fell by an average of 1.8% in 2018,...
18.09.2019

Imports drive throughput in the port of Virginia

The port of Virginia (USA) handled cargo volumes of almost 95,000 teu in August. The overall increase of 5% when compared with the same period last year is mainly due to a rise in the number of loaded import containers moving...
17.09.2019

Another round of mega carriers

The Taiwan-based carrier Evergreen Marine has changed its strategy. Instead of a broad chartering plan, the shipping line now ordered 23,000-teu ships from three separate shipyards at a cost of between USD 1.4 billion and USD 1.6...
17.09.2019

On the double: unloading and LNG-bunkering

In the Swedish port of Södertälje, located close to Stockholm, the world’s largest bunker supply vessel (BSV) for liquefied natural gas (LNG) “Kairos” conducted the first LNG bunker supply operation for the product tanker...
17.09.2019

New Zealand's Napier port enhances equipment

Napier port, the third largest port on New Zealand’s North Island, is currently developing a sixth wharf which, at 350 m long, will be capable of handling the larger vessels that are expected to access the port in the near...
16.09.2019

Port of Long Beach enjoys a busy August 2019

This year, the port of Long Beach recorded the fifth-busiest August in its 108-year history. A total of almost 664,000 teu were handled during this month. Nevertheless, August 2018 was stronger (+2.3%). In August 2019, imports...
16.09.2019

Calling at the port of Corpus Christi for the first time

Eagle Ford Terminals Corpus Christi, a joint venture of Plains All American Pipeline and Enterprise Products Partners L.P., recently docked its first vessel at its new dock on the Corpus Christi Ship Channel. The terminal...
16.09.2019

Baltic Exchange introduces cost tracking tool

The Baltic Exchange, which is located in London (UK) and which belongs to the Singapore Exchange, has launched a new assessment tool to track the cost of operating vessels. Initially covering a range of dry bulk vessels, the...
13.09.2019

Investing in LNG terminal in Colombia

The Dutch company Royal Vopak has just acquired 49% of the shares of the Sociedad Portuaria el Cayao (“Spec”) in Cartagena, Colombia. Spec is so far the only LNG import facility in Colombia and has been in operation since 2016....
13.09.2019

ONE relies on IoT for tracking and monitoring

Japanese Ocean Network Express (ONE), the 6th largest shipping line in the world, relies on IoT tracking and monitoring solutions for logistics assets. These solutions have been developed by the technology partners Sea Cube and...
13.09.2019

Digital space tool saves fuel

The Smart Green Shipping Alliance (SGSA) has been accepted into the European space agency business incubation centre United Kingdom (ESA BIC UK). Part of the business support package awarded to SGSA by the ESA includes a grant to...
12.09.2019

Another Anglo-French sea service launched

A new daily ferry service linking Calais with the port of Tilbury is operational. P&O Ferries launched the service in the first half of September. It is designed to give freight that is not accompanied by a driver a direct...
12.09.2019

New global shipping index on the agenda

A partnership is developing a new shipping index for ocean carrier schedule reliability. For that purpose, the Shanghai Shipping Exchange and Cargo Smart, a shipment management software solutions provider, have signed a...
12.09.2019

Yang Ming satisfied with new express service

The Chinese Yang Ming Line has benefited beyond expectations from its new express feeder service to Liverpool (UK). Targets were met almost immediately after launching in June this year, underlining demand for a direct Far East...
11.09.2019

Wallenius extends its Baltic network

From November 2019, Wallenius Sol will include the Finnish port of Vaasa in its regular liner network. With weekly calls, Wallenius Sol will connect Vaasa with the Belgian ports of Antwerp and Zeebrugge. The technology company...
11.09.2019

CMA CGM is also in the black

The carriers continue to sail in the black, and CMA CGM is no exception to the rule. Despite an uncertain worldwide geopolitical environment, the Marseille (France)-headquartered group experienced not only a growth in volumes in...
11.09.2019

K Line does its share

K Line, one of the major Japanese shipping lines, is tackling the amount of its emissions. In order to cooperate with the project “Zero Emission Tokyo” pursued by the Tokyo Metropolitan Government (TMG) that aims to cut back CO2...
10.09.2019

More cash – and simultaneously less debt

Valenciaport’s consolidated annual results for 2018 underline the mari­time region’s stable course. The hub operator Valenciaport runs the ports of Valencia, Sagunto and Gandía in the area. Although profits stayed largely...
10.09.2019

Tancarville at Le Havre makes a leap forward

The first stage of the modernisation of the Tancarville locks close to the port of Le Havre (France), which is part of Haropa, has been completed. By improving its ability to ease the flow of goods into the hinterland, the port...
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