24.01.2023

MSC's cold grip in Livorno

In mid-January 2023, Terminal Investment Limited (TIL), which belongs to the MSC group, completed its acquisition of Terminal Darsena Toscana (TDT) in the Port of Livorno, Italy. The seller is the Gruppo Investimenti Portuali...
23.01.2023

“In innovation mode”

Structural change and the strategy for the future of the Swiss Rhine ports. Port of Switzerland, the operator of the Swiss inland ports on the River Rhine, has been affected by changes in the transport industry in recent years....
23.01.2023

Global transit times improving

The Ocean Shipping Index from E2 open is based on information from a business network that includes 420,000 interconnected companies managing 13.5 billion transactions and tracking 71 million containers annually. In its issue...
23.01.2023

Liebherr comes to the rescue

Liebherr recently delivered a new LHM 800 High Rise mobile harbour crane to the port of Esbjerg in Denmark. It arrived only a short time after an incident in the Kiel Canal, in which an LHM 600 ordered by Port Esbjerg was damaged...
23.01.2023

Dutch inland shipper changes hands

Honkoop Barging, a Dutch provider of inland shipping services in the Benelux region, has sold all its assets to Contargo with effect from 1 January 2023. The management and staff of the inland shipping company and its freight...
20.01.2023

Threefold replacement of APAC services

Ocean Network Express (ONE), the Singapore-based conjunction of the three biggest Japanese Container carriers, is launching three new Southeast Asia to Australia services as a direct replacement of existing routes. The new...
20.01.2023

Tanger Med in 2022

The Tanger Med port ecosystem, located on the Mediterranean, handled an overall tonnage of almost 108 million t in 2022, up 6% compared to 2021. This throughput represents approximately 54% of all port tonnage carried out in...
20.01.2023

Second sister for the Baltic Sea

The “Finncanopus”, the second of the new series ro-pax vessels, has now touched water in the China Merchants Jinling Shipyard in Weihai. It follows its sister “Finnsirius”, which was launched in August 2022. The new superstar...
20.01.2023

Hapag-Lloyd closing the case

What started off well in September 2022 has now come to a close. The antitrust authorities have given their green light with regards to Hapag-Lloyd’s acquisition of a minority stake in the Spinelli Group based in Genova. The...
19.01.2023

Recent developments in global piracy

The ICC International Maritime Bureau (IMB)'s report on global piracy in 2022 sums up 115 recorded incidents of piracy and armed robbery against ships – compared to 132 in 2021. In total, 107 vessels were boarded, two vessels...
19.01.2023

Asyad goes Singapore

Oman-based Asyad Shipping has opened the company’s first international office in Singapore to expand its business portfolio into the Asian market. Earlier this year, Asyad Shipping commissioned a new container line that connects...
19.01.2023

Upgrade around the horn of Africa

Ocean Network Express (ONE) has upgraded its Maputo/Mombasa India Middle East (MIM) service, with weekly departures to start at the end of this month. In line with this change, ONE will be assigning more of its vessels to the MIM...
18.01.2023

OOCL's next behemoth takes to the water

The joint venture between Cosco Shipping and Kawasaki Shipbuilding, Dalian Cosco KHI Ship Engineering in China has completed the new 24,000 tea container unit built for Hong Kong-headquartered carrier OOCL. The most recent...
18.01.2023

Shanghai still ahead in 2022

In terms of throughput, Shanghai is again ahead of Singapore in 2022. Despite the pandemic shutdowns, the Shanghai International Port Group (SIGP) handled more than 47.3 million teu last year. While container volumes were...
18.01.2023

MOL procures loan for sustainability

The Japanese carrier MOL recently made use of another transition-linked loan with Sumitomo Mitsui Banking Corporation. This is Japan’s first global commitment line agreement using this kind of loan. It is a financial instrument...
17.01.2023

Changes in cargo flows

The Copenhagen-based maritime agency provider Sea-Intelligence recently published an analysis of the cargo streams on the North America West Coast (NAWC). Compared to 2019, volume growth in 2022 stagnated during the first two...
17.01.2023

PSA keeping the balance in 2022

Singapore-headquartered PSA International (PSA) has reported its results for 2022. In total, the Group handled container volumes of 90.9 million teu globally. Compared to 2021, the group’s volume decreased by 0.7%. The flagship...
17.01.2023

Another way of Californication

The Japanese container shipping company Ocean Network Express (ONE), headquartered in Singapore, has signed agreements to acquire a 51% stake in two terminals on the US West Coast - Tra Pac and Yusen Terminals (YTI). MOL and...
16.01.2023

The Alliance and the Atlantic

Falling volumes are causing problems in the deployment of ultra large container ships (ULCS). The Alliance is now focusing on Asia and Northern Europe. In its estimation, the Asia-Northern Europe trade is regaining in importance....
16.01.2023

For a change in East Africa

A feeder service was recently enhanced in East Africa. The French line CMA CGM announced that it has deployed more capacity on its feeder service connecting Kenya to the island of Zanzibar (Tanzania) A second vessel, the...
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