06.12.2022

Ammonia-powered vessel on the horizon

K Line has revealed that it has teamed up with the Itochu Corporation, the Nihon Shipyard Co, the Mitsui E&S Machinery Co and NS United Kaiun Kaisha and together they have obtained approval in principle from the Nippon Kaiji...
06.12.2022

Saab stepping back from port management

Saab is selling most of its shares in Maritime Traffic Management (MTM), a provider of management solutions for vessel traffic, ports and terminals. The shares will be purchased by funds advised by Agilitas Private Equity, for an...
05.12.2022

A shipping platform to vanish

Trade Lens’ days are over. The initiative launched by A.P. Moller-Maersk and its tech partner IBM will be withdrawn from the market. “Trade Lens was founded on the bold vision to make a leap in global supply chain...
05.12.2022

E-power for inland navigation in Brazil

Hidrovias do Brasil has commissioned a new project to retrofit its push-barge ‘Herkules V’, to improve efficiency, reduce emissions, and lower operating costs in its inland shipping services in Brazil. The Finnish technology...
05.12.2022

A new service to call in Egypt?

New options for goods traffic between Egypt and Russia are currently under negotiation. Andrey Severilov, chairman of the board of directors of the Fesco Transport Group, is in contact with Yasser Moustafa, the head of the...
02.12.2022

GAC is in love with Sweden

The Middle East-based GAC Group has acquired Finland-based ESL Shipping's Swedish subsidiary Norra Skeppningsgruppen (NSG). This is already the second Swedish ship agency purchased by GAC in 2022. The transfer of NSG to GAC...
02.12.2022

IGS service to roll

The Ocean Network Express (ONE) is launching a new weekly India Gulf Service IGS to connect India to/from UAE. With this new offer, ONE is responding to a rise in demand due to the increase in trade between the two countries...
02.12.2022

New York-New Jersey on track

The US Port of New York and New Jersey (Panynj) is also benefitting from the shift of cargo flows from the West to the East Coast. Altogether, about 19% more cargo was handled in October 2022 compared to the same month in...
01.12.2022

Negative impact on world trade

In October 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) declined sharply to 120.8 points from the 124.2 points...
01.12.2022

Low waters leaving their mark on the Rhine

For 9M/2022, the Swiss Rhine ports (SRH) posted a throughput result that is almost a quarter (24.5%) behind the comparable period in 2021. In addition to the effects of the war in Ukraine, traffic flows were held back by the...
01.12.2022

Ammonia import terminal rises from the waters

The Port of Antwerp-Bruges is planning to open its new import terminal for sustainable ammonia by 2027. To assist with the import and storage of green energy and raw materials, the companies Fluxys, Advario Stolthaven Antwerp and...
30.11.2022

Mindanao working on its equipment

In the North of the Philippine island of Mindanao, the port and terminal operator International Container Terminal Services (ICTSI) is upgrading its facilities in the region. The Mindanao Container Terminal (MCT) in the...
30.11.2022

Mission accomplished

The European ro-ro ferry operator CLDN recently finalised the agreement to acquire all shares of the Seatruck Ferries Holding from Clipper Group of Denmark. This follows the approval of the proposed merger given by the Irish...
30.11.2022

Cameras on the terminal

Duisport is taking the next step in terms of digitisation. While the Port of Duisburg already uses "optical character recognition" (OCR) gates for cargo transported by truck or train, there is now a new solution for...

Une renaissance difficile

Un navire de Fratelli Cosulich bloqué au port ukrainien de Marioupol est de nouveau en haute mer. Neuf mois sont très longs et c’est le temps qu’il a fallu à la compagnie maritime Vulcania, une filiale de la société génoise...
29.11.2022

Unctad: e-commerce driving maritime

The UN Conference on Trade and Development (Unctad) has published its flagship "Review of Maritime Transport 2022". For 2022, Unctad projects global maritime trade growth to moderate to 1.4%. Asia remained the world’s...
29.11.2022

Are green corridors on the way?

According to the relevant 2022 annual report prepared by the Global Maritime Forum for the Getting to Zero Coalition, green corridors made headway around the world this year. However, the report also emphasises the need to...
29.11.2022

CMA CGM can't help it

CMA CGM continued its strong performance in Q3/2022. The Marseille-based carrier achieved revenues of almost USD 200 billion "mostly driven by the group’s maritime shipping business", as the shipping company said in a...
29.11.2022

Northern ports protecting the tidelands

Dutch, Danish and German seaports, politicians, administrators and members of NGOs (non-governmental organisations) are currently gathering in Wilhelmshaven in a joint effort to protect the tidelands ("Wadden Sea") on...
28.11.2022

Elbe: quick dredging required

Restoring full draughts on the Elbe is essential to ensuring smooth flows of goods to and from the Port of Hamburg and its diverse hinterland connections in the global supply chain. "Although the navigational depth is...
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