15.09.2022

Pirates high and dry in Somalia

Piracy’s threat to global shipping is dwindling, at least in the coastal areas of Somalia. Six international shipping organisations consider the Indian Ocean to no longer be a high-risk area, as there have been no attacks on...
14.09.2022

Port luck for Buenaventura

Colombian port welcomes new lines and new investors. Maritime links between the Far East and Latin America have once more improved, thanks to Yang Ming, Wan Hai and PIL, amongst others. North American investors, in turn, have...
14.09.2022

LNG to China via MOL

Tokyo-based MOL is focusing on its LNG activities. Through a wholly owned subsidiary, the carrier signed a long-term charter contract for three newbuilding LNG carriers with ENN LNG (Singapore). The ENN holding’s headquarters...
14.09.2022

Medgulf sails on 29 September

CMA CGM will be starting its new Medgulf service at the end of September 2022, connecting Southern Europe, North Africa, the US Gulf and Mexico. Six container vessels will be deployed. The service will call at Tangier, Genoa,...
14.09.2022

Caspian Sea is top

According to the government of the Astrakhan region (Russia), traffic at the port of Astrakhan at the northern end of the Caspian Sea posted a significant growth year-on-year, with throughput rising five-fold compared to the year...
13.09.2022

Extending crane fleet in Genoa

The Italian Spinelli Group has ordered the first Generation 6 Mobile Harbour cranes to extend its existing fleet of cranes at their terminal in Genoa, North Western Italy. The order was booked in July 2022 and the crane will be...
13.09.2022

Global Ship Lease's figures and charters

London-based Global Ship Lease recently reported its latest results. On 30 August 2022, the average remaining term of the company’s charters was 3.1 years on a teu-weighted basis. Contracted revenue on the same basis was USD 2.4...
13.09.2022

Navigation from space

The Grimaldi Group has received the green light for the GSAB (Grimaldi Satellite Assisted Berthing) project. The European Space Agency (ESA) has assigned the group a navigation innovation and support programme (Navisp) with the...
12.09.2022

Empties take their toll

A new container yard for empties has opened in the Port of Shanghai. It is intended to help the Shanghai International Port Group (SIGP) tackle the flow of empty containers. Located in the Yangshan Special Comprehensive...
12.09.2022

Gdansk to open new deep water quay in 2024

DCT Gdansk, the container terminal in the Baltic Sea and a member of the PSA Group, ordered ten new semi-automated rubber tire gantry cranes (ARTG) from Konecranes. The company has also committed itself to retrofitting its...
12.09.2022

Design for ship running 100% on hydrogen

Aurelia Green Ship Concept Design has won the Certificate of Approval in Principle issued by Rina for a ro-ro cargo vessel with electric propulsion using highly compressed H2 as fuel. Rina was founded in Genoa in 1861 under...
09.09.2022

Antwerp-Bruges-Duisport

German inland port Duisport and the Port of Antwerp-Bruges recently inked a long-term partnership. Both CEOs, Duisport's Markus Bangen and Antwerp-Bruges' Jacques Vandermeiren, sealed the collaboration in the presence of Flemish...
09.09.2022

Fresh money for Wallenius Wilhelmsen

In Q2/2022, Wallenius Wilhelmsen saw its revenues grow by 4.0% to USD 1.19 billion, driven by shipping volumes and fuel surcharge revenues. Ebitda amounted to USD 311.0 million, more than doubling the ebitda of Q2/2021 and on par...
09.09.2022

Felixstowe getting worse

Peter Williams, trade flow analyst at Vessels Value, recently gave his assessment of the current difficulties in the UK’s supply chains: Due to the continuing disagreement between the Port Operator Hutchinson Ports and their...
08.09.2022

Quicker turnarounds in Subic Bay

Subic Bay International Terminals (Sbitc) is deploying four additional rubber tired gantries (RTG) to enhance its landside operations to support growth prospects in North and Central Luzon in the Philippines. The terminal has an...
08.09.2022

New Orca generation on the attack

Heavy lift and project cargo carriers the German SAL Heavy Lift and Dutch Jumbo Shipping have inked agreements for four newbuilds and two optional new generation heavy lift vessels. The vessels will be built at the Wuhu Shipyard...
08.09.2022

Another milestone for ammonia in shipping

The international classification society Korean Register (KR), located in Busan, gave its approval in Principle (AIP) for the design of a new ammonia-fuel ready vessel on 5 September 2022. The very large gas carrier (VLGC) will...
07.09.2022

Drewry on the flow of new containers

In its latest report, "Container Census & Leasing Annual Review & Forecast 2022/23", London-based maritime research consultancy Drewry estimates that congestion across global supply chains means that containers...
07.09.2022

First megaship docks in Algeciras

It was a first-timer in type and size. The 20,000-teu “ULCV Taurus” from Cosco Shipping recently called at the Total Terminal International Algeciras for the first time, the largest company containership to dock at the Spanish...
07.09.2022

A carrier for carbon

Japan's New Energy and Industrial Technology Development Organisation (Nedo) has completed the conceptual design of a new vessel. A project entrusted by Nedo to Japan CCS also involved MOL which launched research and development...
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