ITJ | Transport Journal Mobile: Shipping & Ports

11.01.2024

Record fleet expansion ahead

According to Bimco, a record 350 new container ships were delivered in 2023, totalling 2.2 million teu and surpassing the 2015 record. Container fleet capacity increased by 8%, the highest growth rate since 2011, with ships over...

11.01.2024

Japanese wind power union

Mitsui O.S.K. Lines (MOL) has formed a capital alliance with Hokutaku, Japan's largest wind turbine maintenance company. With this alliance, effective from 9 January 2024, MOL acquires a majority stake in Hokutaku. Independent of...

10.01.2024

Top-ranking carriers switch places in 2024

In January 2022, MSC took the crown from Maersk as the world's largest shipping line with a fleet of 645 units and a combined capacity of almost 4.3 million teu. While Maersk’s fleet shrank in 2023 by 112,500 teu or 2.7%, MSC...

10.01.2024

New links London to Rotterdam

P&O Ferries is launching a new roro freight route between London (Tilbury 2) and Rotterdam (Europoort), starting March 2024. This addition bolsters P&O Ferries' network, creating five hubs - Hull, Teesport, Tilbury,...

10.01.2024

Hydrogen-powered crew transfer vessel

FRS Windcat Offshore Logistics has introduced the 'Hydrocat 55', Germany’s first hydrogen-powered dual-fuel crew transfer vessel (CTV), for 50 Hertz operations in the Baltic Sea. Developed in partnership with Cmb.tech, the...

09.01.2024

A terminal for EUR 10 million

AD Ports Group has announced that Noatum Terminals, part of Noatum Group, has acquired 100% of APM Terminals Castellón in Spain for EUR 10 million. The deal includes a long-term agreement with the stevedoring union, ensuring...

09.01.2024

Zim connects Asia with East Med

Zim Integrated Shipping Services has expanded its ZMP service, which connects Asia with the East Mediterranean, to include a new stop at Cai Mep Port in Vietnam. This addition positions Zim as the sole major carrier...

09.01.2024

Trois-Rivières' first 2024 vessel

The 'Lowlands Hope' sailing under the Singapore flag was the first vessel of 2024 to dock at the Port of Trois-Rivières in Quebec on 2 January, after a 17-day Atlantic crossing. Departing from Sao Luis, Brazil, with 21 Indian...

08.01.2024

Grimaldi Group expands in Greece

The Grimaldi Group, an Italian private shipping company, has acquired a 67% majority stake in the Heraklion Port Authority (HPA) for the price of EUR 80 million. This move comes after its recent acquisition of the Igoumenitsa...

08.01.2024

Tangier port: bigger and greener

APM Terminals Med Port Tangier in Morocco has recently completed phase 2 of its expansion, increasing its capacity by over one million teu. The upgrade adds seven new container stacks, a 400 m berth and features 14 automated...

08.01.2024

Global shipping: latest stats

In November, the RWI/ISL Container Throughput Index, which measures global shipping activity, saw a slight uptick to 124.5 points, mainly due to a rise in container handling in Asian ports outside China. This growth was however...

13.12.2023

24,000 teu nuclear ship unveiled

China's Jiangnan Shipyard introduced the world's largest nuclear-powered containership at the Marintec China 2023 trade fair in Shanghai recently. With a 24,000 teu capacity, this design features advanced molten salt...

13.12.2023

Hydrogen hub in Abu Dhabi

AD Ports Group and Masdar have signed an MOU to develop a green hydrogen production hub within Khalifa Economic Zones Abu Dhabi (Kezad). This initiative aligns with the UAE’s national hydrogen strategy, aiming to increase local...

13.12.2023

ONE adds Nagasaki unit

Ocean Network Express (ONE) has announced the creation of a new subsidiary, One Dejima, in Nagasaki City, Japan. This initiative, supported by the Nagasaki Prefecture, Nagasaki City, Fukuoka Financial Group, and the...

12.12.2023

EU ETS: shipping's big bill

The International Transport Intermediaries Club (Itic) has raised concerns about the financial impact of the European Union's Emissions Trading Scheme (ETS) on the shipping industry, predicting that costs could reach billions....

12.12.2023

Maersk's methanol ship to set sail

Maersk is planning to introduce its first large methanol-capable ship in spring 2024, to serve Hamburg on the AE7 route between Asia and Europe. The 16,000-teu vessel, constructed by Hyundai Heavy Industries, is equipped with a...

12.12.2023

German ports need a strong rail network

The seventh Railway Conference in Hamburg, held on 11 December 2023, highlighted the need to maintain a robust rail network for the Northern German seaports. The Hamburg port, which handles over half of its hinterland traffic by...

11.12.2023

End-to-end logistics 2.0

How DP World’s intermodal approach in the United Kingdom is setting an example. Shippers tend to strive for integration and for the simplification of their logistics concepts. DP World is developing an answer to this in the...

11.12.2023

Freight rates hit 2019 levels

The container shipping industry is experiencing a downturn in 2023, with a nearly 2% year-on-year decline in container volumes and a significant drop in freight rates, returning to 2019 levels by September. Despite these...

11.12.2023

O. Brunoni and Allmarine join up

In Switzerland, O. Brunoni and Allmarine will merge their business activities as from 1 January 2024. The managements of both companies have mutually agreed to operate under the single brand O. Brunoni in future. O. Brunoni...