10.10.2019

Yang Ming launches CVK service

The Taiwan-based carrier Yang Ming will introduce a new China-Vietnam-Cambodia (CVK) service, with effect from 21 October 2019. The port rotation of this CVK service will be Ningbo, Shanghai, Xiamen in China, Da Nang, Ho Chi Minh...
09.10.2019

Reducing emissions by hard sail

MOL and Oshima Shipbuilding have jointly obtained an “approval in principle (AIP)” from Nippon Kaiji Kyokai for the design of a hard sail system. The system converts wind energy into propulsive force with a telescopic hard sail...
09.10.2019

HL opting out of the Arctic route too

After the French shipping company CMA CGM’s recent announcement that it would not sail the Northwest Passage for environmental reasons, the issue is once again being hotly debated in the container shipping industry. Jörg...
09.10.2019

Liverpool region to benefit from Brexit?

The shipping heritage of the Liverpool city region (LCR) could provide a major boost to the UK’s economic prospects post-Brexit, according to a major new report. Working with Maritime UK and the centre for economics and business...
08.10.2019

Drewry forecasts further drop in global container volumes

The decline of the container market continued during the last three months, said the London (UK)-based maritime consultancy Drewry. The research company downgraded its outlook for world container port throughput for the current...
08.10.2019

Northern Sea Route traffic perks up - in LNG

According to news from the "Independent Barents Observer", the volume of goods shipped along the Northern Sea Route (NSR) is expected to reach 29 million t in the course of 2019, says Nikolay Monko, the head of Russia’s...
08.10.2019

K Line goes for artificial intelligence

The Japan-headquartered carrier K Line has reached an agreement with Hiroshima University, the National Institute of Maritime, Port and Aviation Technology (MPAT) and Marubeni Corporation (Marubeni) to jointly work on research...
07.10.2019

Navigare necesse est

The German maritime industry is complaining about intensifying international competition – probably rightly so. In fact, Rotterdam and Antwerp have outpaced the German ports of Hamburg and Bremen in terms of growth. From a global...
07.10.2019

Eurogate and TIL opt for new cranes in Hamburg and Bremen

The MSC Gate Terminal Bremerhaven has ordered two megamax ship-to-shore (STS) container cranes from Liebherr. The cranes will be due for handover before the end of 2020. They will have an outreach of 73 m (25 container rows), a...
07.10.2019

PSA lightening up its project Tuas Port

The prime minister of Singapore, Lee Hsien Loong, recently placed a torch on the grounds of Tuas Port to symbolise the beginning of a new and exciting chapter in the nation’s rich maritime history. With 26 km of deep-water berths...
07.10.2019

Blockchain pilot between Lyon and Marseille

The closure of a blockchain pilot scheme coordinated and part-financed by the Marseille Fos port authority in France has proven the solution’s scope for enhancing intermodal freight movements on the Mediterranean-Rhone-Saone...
04.10.2019

Deep-water terminal at Liverpool takes next hurdle

The building and civil engineering company McLaughlin & Harvey, located close to Belfast (Northern Ireland, UK), has been awarded the contract to deliver the next phase of development at the Liverpool2 deep-water container...
04.10.2019

Coalition to ferry LNG from Kamtchatka and Murmansk

The Japanese carrier MOL, the Japan bank for International Cooperation (JBIC), and the Russian energy company Pao Novatek signed a cooperation agreement for LNG transshipment projects in Kamchatka and Murmansk. Thus, the east and...
04.10.2019

An "A-mark" for the Swedish Club

The Swedish Club reports that S&P Global Ratings has affirmed its 'A-' long-term insurer financial strength and issuer credit ratings. The ratings agency commented on The Swedish Club’s sturdy operating performance, driven by...
03.10.2019

UECC snaps up award for sustainability

The Greenports award for the most eco-friendly vessel was presented to “Auto Energy”, a UECC vessel, when she called at Bremerhaven (Germany) in September. The Greenports award 2019 to the vessel was announced at the sustainable...
03.10.2019

The next MLO LNG carrier for Yamal is ready

The naming ceremony for a conventional LNG carrier, jointly ordered by MOL and China Cosco Shipping, was recently held at Hudong-Zhonghua Shipbuilding Group in China. As many participants in the Yamal LNG project looked on, the...
03.10.2019

First LNG transaction with the BLNG3 assessment

LNG traders JERA Global Markets and Vitol have carried out the first Atlantic LNG freight swap based on the Baltic Exchange's BLNG3 assessment in a bilateral trade arranged by Affinity Financial Products. The BLNG3...
02.10.2019

Ports of Auckland calls 2019 a "tough year"

Ports of Auckland has reported its results of the first six months. Group revenue rose slightly to NZD 248.1 million from NZD 243.2 million in H1/2018. The reported net profit after tax was NZD 53.9 million, considerably lower...
02.10.2019

Bridgehead for LNG bunkering in the USA

The technology group Wärtsilä will supply its LNG cargo handling system for a new 5400 sqm LNG bunker barge being built in the USA. The barge is being built at the Fincantieri Bay Shipbuilding yard in Wisconsin (USA) on behalf of...
02.10.2019

Heavylift from South Korea to Thailand

The handling and transport of an exceptional cargo of South Korean-engineered petrochemical plant components, from Pyeongtaek (South Korea) to Map Ta Phut (Thailand), was done by project heavy lift carrier AAL. The units will...
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