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...

Non au deal

Conteneurs: MCI ne devient pas CIMC. En octobre, la naissance d’un nouvel oligopole dans la fabrication de conteneurs semblait encore inévitable, mais le projet est tombé à l’eau à cause de la grande politique.
06.09.2022

CMA CGM takes energy precautions

The CMA CGM Group has announced that it is creating a special fund for energies, backed by a five-year, USD 1.5 billion budget, to accelerate its energy transition and achieve net-zero carbon by 2050. The fund is structured...
06.09.2022

Yang Ming keeps fleet size up

Keelung-headquartered carrier Yang Ming decided to extend its charter on five Seaspan neo-panamax containerships. They belong to the Hong Kong-based company Seaspan. The Taiwanese shipping group has announced an option on...
06.09.2022

Safeen spreads its wings

Safeen Feeders, Abu Dhabi Ports' (AD Ports) affiliate, and CMA CGM have jointly launched the Singapore Chennai Colombo (SCC) service which started in early September in Singapore. While Safeen will deploy the 2,000 teu unit...
05.09.2022

Future Port starts operations

Tuas Port‘s first three berths are now operational. PSA inaugurated the new facilities after the completion of the first development phase, a milestone in Singapore’s maritime strategy. The port is located on Singapore's...
05.09.2022

Preferring sea freight to road traffic

It is now one year ago that Hansa Destinations launched its new shipping service between Nynäshamn and Rostock. The Visby-based shipping company Gotlandsbolaget’s investment in shipping between the continent and the Stockholm...
05.09.2022

New analytics firm starts funding round

The name is DBX. The new dry bulk commodity analytics firm is based in London and has now initiated a round of seed funding. The venture first started in the summer of 2020 with all around support from Signal Ocean. The...
02.09.2022

Global Ports: less traffic, more revenues

Russia’s main container terminal operator Global Port Investments (Global Ports) has reported its interim consolidated financial results (unaudited) for H1/2022. The group's revenues grew by 18.2% to USD 271.6 million compared to...
02.09.2022

Maersk pulls out of Russia

A.P. Moller-Maersk’s (Maersk) terminals business, APM Terminals (APMT) has decided to sell its shares in Global Ports Investments (GPI). Following the announcement of Maersk’s commitment to discontinue activities in Russia...
02.09.2022

Finnsirius tests the water

It is a first-timer for the first Superstar ro-pax vessel, “Finnsirius”, from Finnlines. After the launch on its Chinese wharf, construction on water will now continue. The building of the second Superstar ro-pax vessel is...
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