ITJ | Transport Journal Mobile: Shipping & Ports

17.03.2022

A cash injection for U-Ming

The ANZ Bank Taiwan has agreed upon a USD 50 million loan with bulk carrier U-Ming Marine Transport. The money will be invested in U-Ming’s fleet renewal and switch to more sustainable units. In April 2021, U-Ming had already...

16.03.2022

A long way from and to China

After Seko Logistics’ Hong-Kong-based regional headquarters first announced that Chinese ports were closing and that vessels would be diverted from Shenzen, the situation has rapidly deteriorated. The lockdowns in 19 provinces so...

16.03.2022

Six for methanol

Six partners in Japan are opting for a joint approach to reduce the environmental impact of the shipping industry. Mitsui O.S.K. Lines (MOL), MOL Coastal Shipping, Tabuchi Kaiun, Niihama Kaiun, Murakami Hide Shipbuilding and...

16.03.2022

Seaber joins forces with Stora Enso

The Finnish maritime technology company Seaber is partnering with Stora Enso to digitalise Stora Enso’s bulk and breakbulk shipment planning and communications. The web-based application is designed for both charterers and...

15.03.2022

The fall-out of skipping ports

"Lost capacity" is the key issue. The MDS Transmodal (MDST) research, commissioned by Global Shippers Forum (GSF), recently measured the total number of container ship slots that were expected to be available at the...

15.03.2022

Former services to Russia re-assigned

Finnlines is no longer serving Russian ports. On 9 March 2022, it decided to unilaterally interrupt its traffic to Russia, although it was not legally obliged to do so. Thus, the holding Grimaldi Group, which operates these...

15.03.2022

Russian cargo throughput in German sea ports

The German Federal Statistical Office (Destatis) reports that the Russian Federation was the most important trading partner of the German seaports from January to November 2021, handling around 24.1 million t, 45% of which were...

14.03.2022

Thai ports benefited in 2021

The state-run Port Authority of Thailand (PAT) has reported its annual figures for 2021. It generated revenues of THB 15.6 billion (USD 508 million) last year, a rise of 6% compared to 2020. The year's profit amounted to THB 6.2...

14.03.2022

For more capacity in Manila

Philippines-based International Container Terminal Services (ICTSI) is building a new berth in its flagship Manila International Container Terminal (MICT). The construction of the new berth, which will be done in two phases, will...

14.03.2022

Sea Lead adds new loop

Singapore-based ocean carrier Sea Lead Shipping is including the Jacksonville Port Authority (Jaxport) in the rotation of its first US East Coast container service. Jacksonville will serve as the last port of call on Sea Lead’s...

11.03.2022

Hapag-Lloyd to buy DAL's container liner business

Taking the opportunity to increase its service portfolio, Hapag-Lloyd has signed a framework agreement with German carrier Deutsche Afrika-Linien (DAL) to acquire its container liner business. The completion of the transaction is...

11.03.2022

Diesel pricing in frenzy

According to data published by maritime intelligence provider Vessels Value, the price for diesel continues to rise. Since the outbreak of the war in Europe on 26 February 2022, the MR Atlantic Basket (an average of freight rates...

11.03.2022

CMA CGM making it big

CMA CGM has reported its audited results for 2021. Achieving almost USD 56 billion in revenues (+78% compared to 2020), the net income went up to USD 17.94 billion (almost tenfold, +910% compared to 2020). Containerised shipping...

10.03.2022

Tidewater expands offshore services

Banyan Overseas, a subsidiary of Hong Kong-based Swire Pacific, has entered into a sale and purchase agreement with Tidewater, a company listed on the New York stock exchange. The subject of the deal is the sale of 100% of...

10.03.2022

ZIM sees volumes rise

ZIM has reported its consolidated results for the full year 2021: the Haifa-based carrier handled 3.48 million teu over the year, an increase of 23% compared to the same period last year, thus recording a stronger performance in...

10.03.2022

More connections to Sardinia

A focus on Sardinia: Grimaldi is launching its new Savona-Porto Torres maritime connection in April 2022, with the ro-pax vessel “Zeus Palace” being deployed on the route. From 11 April until 1 July 2022 and then again from...

10.03.2022

Decision on LNG Terminal in Brunsbüttel

In Germany, the long dispute on the location of the planned LNG Terminal seems to have come to an end. Gasunie and the Kreditanstalt für Wiederaufbau (KfW) (on behalf of the German federal government) have signed a memorandum of...

09.03.2022

A new low in reliability on the seas

Copenhagen-based Sea-Intelligence has analysed the schedule reliability figures up to and including January 2022. As expected, schedule reliability lost again to reach 30.9% "the lowest ever global schedule reliability since...

09.03.2022

Cool chain high in Antwerp continues

The Port of Antwerp is maintaining its upward trend in the cool chain segment: the number of reefer containers handled in the Belgian port rose by 2.7%, surpassing the mark of 1 million teu for the second year in a row now....

09.03.2022

Qatar improves relations with Iran

According to a report published by the consulting agency Dezan Shira & Associates, Iran and Qatar plan to establish regular shipping links between the ports of the two countries. The countries also agreed to expand...