03.02.2023

Iran-Cuba sea link on the list

A direct shipping link is being established between Iran and Cuba. According to Iranian sources, the deputy foreign minister for economic diplomacy, Mehdi Safari, explained the new launch in detail. "A direct shipping...
02.02.2023

Sudden ebb in used container ship market

What was good in the past can be bad today. The once vibrating market of second-hand container vessels slowed down in the course of 2022. Over the year, sales and purchase levels were only half as high as in 2021, according to...
02.02.2023

A new intra-American service

Haifa-based carrier ZIM is launching its new service ZIM Colibri Xpress (ZCX) which will connect ports on the South American West Coast with the US East Coast. The rotation will be the following: San Antonio (Chile), Callao...
02.02.2023

Brussels' bridge in the making

The repair work on the deck of the Buda Bridge can finally begin now that the legal experts have finished their inspection. A boat hit the bridge one month ago, making it impossible for it to operate. The Buda Bridge, owned...
01.02.2023

Gothenburg on a par with 2021

Goods volumes in the Swedish Port of Stockholm remained stable in 2022 despite a declining economy. Total cargo streams at Ports of Stockholm decreased marginally, from 9.1 to 8.9 million t, dropping 1.6 % below the very high...
01.02.2023

CMA CGM strengthens Japan loop

The French carrier CMA CGM is reshuffling its services in Japan. The “CMA CGM Argentina”, the company's biggest ship to call regularly in Japan, has been reassigned to a weekly service to the Honmoku D4 terminal in Yokohama....
01.02.2023

Hapag-Lloyd makes the best of it

Hapag-Lloyd celebrated its 175th anniversary last year. It has now reported its financial results for this special year, on the basis of preliminary figures. In 2022, revenues rose to USD 36.4 billion (2021: EUR 34.5...
31.01.2023

Taiwanese liners affected by the trend

In December 2022, Evergreen, Yang Ming and Wan were hit by the turn of the tide in the shipping industry: all three carriers saw their revenues go down by 40 to 50% compared to the same period in 2021, due to inflationary...
31.01.2023

Cargo with wind under its wings

CMA CGM Group, Ademe Investissement, Neoline Développement, Corsica Ferries and Louis Hardy SAS are jointly investing a total of EUR 60 million in building the first sailing cargo ship of the neoliner class. Additional financing...
31.01.2023

Be aware in Rotterdam

Slightly more seagoing vessels entered Rotterdam in 2022 than in 2021 (29,029 versus 28,876), but fewer inland vessels (97,459 versus 98,469 in 2021). In the port, overall safety has increased, with the number of accidents in...
30.01.2023

Container flows on a positive note?

In December 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 124.3 points from the 121.9 points (seasonally...
30.01.2023

Supporting Maserati's tack

The shipper Maserati Multi 70, headed by Giovanni Soldini has renewed its partnership with the Tarros Group. Over the past years, the Maserati team logistic base at Tarros Headquarters has turned into an innovation laboratory of...
30.01.2023

No diversity for brands

A.P. Moller–Maersk is restructuring the brands in its transport and logistics portfolio. In a press release, the group spoke of its "intention to move towards a singular, unified brand by integrating Maersk brands such as...
27.01.2023

Enlarging the Manila terminal

The Manila International Container Terminal (MICT), the flagship of ICTSI, a port and terminal operator headquartered in the Philippines, is growing. The expansion of Berth 8 will increase the terminal’s capacity from 3.3 million...
27.01.2023

MSC opts out of JNPT

The Mediterranean Shipping Co's (MSC) Indus 2 service no longer calls at Jawaharlal Nehru Port Trust (JNPT). Indian exporters/importers are now obliged to opt for the single MSC direct call at Mundra Port. MSC added the...
27.01.2023

More LNG projects in Japan

The Japanese shipping company MOL, MOL Ferry, Japan Petroleum Exploration (Japex) and Hokkaido Gas recently agreed on a joint supply project of LNG fuel for two newbuilding LNG-fuelled ferries. They will be deployed in each port...
26.01.2023

US transport software provider sold

The Australian company Wise Tech Global, the developer of the logistics software Cargo Wise, has acquired Envase Technologies. The US company provides transport management software for intermodal trucking, drayage (container...
26.01.2023

2M ends - in predisposed obedience?

Maersk has published a press release saying that the alliance 2M is set to end in January 2025, speaking of "a thorough evaluation process" and a mutual agreement with its partner MSC. Besides wishing to minimise...
26.01.2023

Hapag-LLoyd on the trail of Vasco de Gama

Hapag-Lloyd strikes in India. The Hamburg-based carrier has signed an agreement to acquire 35% of the shares of J M Baxi Ports & Logistics Limited (JMBPL). Seller is a Bain Capital Private Equity affiliate. In addition,...
26.01.2023

New tenders for concessions in Bilbao

A new opportunity on the Iberian Peninsula is on the horizon. The Port Authority of Bilbao has decided to call for tenders for the construction and operation of a container terminal on the Central Quay Santurtzi. The Central...
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