23.11.2023

CMA CGM reshuffles its Asia-Africa network

The Marseilles-headquartered carrier CMA CGM will revamp its services connecting Asia with West and South Africa, effective from the first week of December. The carrier’s WAX service will now be dedicated to Nigeria, Ghana...
23.11.2023

Chennai Tech Centre opens

Hapag-Lloyd office building in India

Hapag-Lloyd has inaugurated its Technology Centre in Chennai, India, focusing on developing software solutions for the maritime industry. The facility is the result of a joint venture with Indian tech firm Solverminds and will...
22.11.2023

Shifting currents in ship finance

Green financings apply mainly to newbuild and modern vessels, excluding smaller shipowners with older vessels

In its Q4 State of Ship Finance Report, Hamburg-based Oceanis highlights significant trends in green shipping finance. It notes that green financing is primarily beneficial for new and modern vessels, often excluding smaller...
22.11.2023

P&O's decarbonisation strategy

Wind farm

P&O Maritime Logistics, part of DP World, has detailed its strategy for decarbonisation in a new industry whitepaper, which highlights the significant challenges in the search for suitable alternative fuels. The...
22.11.2023

Sharjah & Gulftainer: 35 more years

Gulftainer has extended its concession agreements with the Sharjah Ports, Customs and Free Zones Authority for 35 more years, reinforcing a partnership spanning over five decades. The deal supports the development of the...
21.11.2023

Characterised by cooperation

Large organisations’ joint projects take centre stage at World Ports Conference. Is it the growing urgency of questions determining the future, the increasing fragmentation of the world, or simply an increasing willingness to...
21.11.2023

Espo chair visits Rijeka Gateway

Rijeka Gateway hosts Espo chair

On 15 November, 2023, the Rijeka Gateway (Croatia) welcomed Zeno D’Agostino, chair of the European Sea Ports Organisation (Espo). The visit provided an opportunity to showcase the ambitious plans for the new state-of-the-art,...
21.11.2023

Win GD's methanol move

WinGD’s Methanol Test Engine at their Engine Research and Innovation Centre in Switzerland.

The Swiss company Win GD will equip six new 9,000 teu container ships with X-DF-M methanol engines, signalling a move towards green shipping technologies. To be built at China's Yangzijiang Shipbuilding, the vessels will have...
21.11.2023

Quay upgrade in Gothenburg

The Port of Gothenburg will commence a major infrastructure project at the Gothenburg Energy Port next year. A 300 m quay will undergo a comprehensive overhaul, dubbed “Kustkajen 2.0”, to modernise the facility and support...
20.11.2023

“An eye on the big picture”

In conversation with the Italian chairman of the International Chamber of Shipping. The ICS, which represents 80% of the global fleet, has been headed by Emanuele Grimaldi since 2022. The ICS’s chairman of the board spoke to...
20.11.2023

Shifts in market shares among carrier alliances

Sea-Intelligence has analysed the shifts in capacity market shares among the three main carrier alliances on key trade lanes. The alliances saw a collective loss in market share on the Asia-North America West Coast route,...
20.11.2023

Hamburg Port rebounds in Q3/2023

The Port of Hamburg experienced a modest rebound in container throughput in Q3/2023, with a 2.4% rise to two million teu compared to Q3/2022. This recovery, particularly highlighted by record US traffic and a resurgence in...
20.11.2023

Climate-friendly island supply ship launched

In a significant step towards climate-neutral maritime operations, a new sail-hybrid supply vessel for the Marshall Islands has been launched in South Korea. Developed in a collaborative effort by the Emden/Leer University of...
17.11.2023

Hydrogen path: EU ports unite

The Port of Bilbao, Duisport, and the Port of Amsterdam have partnered to create a renewable hydrogen corridor connecting Spain, the Netherlands, and Germany. The initiative, aligning with EU ambitions, leverages the Port of...
17.11.2023

Challenging seas for Finnlines

Finnlines reported a revenue of EUR 513.2 million for January-September 2023, 8% down from 2022. The result for the period was EUR 56.9 million, with ebitda at EUR 131.7 million. The economic outlook within the EU is challenging,...
17.11.2023

Cosco partners with Varamar

Varamar DMCC and ASL Shipping, a Cosco group entity, have entered a strategic partnership to enhance their trade operations. Offering services for various types of cargo, Varamar operates mainly in the 3,000-30,000 dwt range and...
16.11.2023

ZIM Q3 results: a test of resilience

ZIM Integrated Shipping Services reported a significant net loss of USD 2.27 billion for Q3/2023, primarily due to a non-cash impairment loss of approximately USD 2.1 billion. This loss is a stark contrast to the net income of...
16.11.2023

An easier way to calculate emission costs

UECC, a European ro-ro carrier, has introduced a standardised method for calculating emission costs for its customers to comply with the requirements of the EU Emissions Trading System (EU ETS), which will also apply to the...
16.11.2023

Cargo growth at SC Inland Ports

In October 2023, SC Ports’ Inland Port Greer reported a record handling of 17,000 containers, marking a 42% increase from the previous year. Inland Port Dillon also saw a significant uptick, with a 31% rise in the number of...
15.11.2023

King Willem-Alexander tours Duisport

Willem-Alexander, the King of the Netherlands, visited Duisburg Port (Duisport) on Tuesday, 14 November 2023, to show his appreciation for the port’s efforts to develop a European hydrogen network with the Port of Rotterdam and...
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