ZIM happy with "exceptional year" 
The Israeli company ZIM released its financial results for the fourth quarter and full year of 2022, which president & CEO Eli Glickman qualified as "an exceptional year". Net income for the full year was USD 4.63 billion (2021: USD 4.65 billion). Adjusted... more
Maersk provides shipping to Ukraine
The Danish shipping company A.P. Moller – Maersk has found a solution to continue the transport of freight to Ukraine, while taking into account safety rules. There will be two routes to go to Ukraine, more specifically to the port of Reni. Vessels will depart from the Port... more
HPC puts Indian terminals through their paces
HPC Hamburg Port Consulting (HPC) has carried out a technical due diligence assessment for Hapag-Lloyd as a basis for investment in a share of J M Baxi Ports & Logistics Limited (JMBPL). The participation involves twelve port terminal & logistic facilities in India,... more
HGK Shipping: state neglects inland navigation
Steffen Bauer, CEO of HGK Shipping, part of Häfen und Güterverkehr Köln, has criticised one aspect of the federal ministry of transport’s latest study on transport development: the consistent disregard of inland waterway transport. Bauer belives that the federal minister of... more
CNC launches NTX1
The new NTX1 service created by CNC, an Intra-Asia short sea specialist based in Singapore, will set sail today, 13 March 2023. With this addition, the CMA CGM brand aims to offer one of the fastest transit times between three ports of Korea, two in Thailand and one in... more
EU ETS for decarbonisation and against evasion
Today, 13 March 2023, the European Parliament is expected to vote on the political agreement for the revised EU emissions trading system (ETS). The European Sea Ports Organisation (Espo) and the Federation of European Private Port Companies and Terminals (Feport) support the EU... more
Port of Pointe-Noire proves its capabilities
The arrival of the ‘MSC Virgo’, a 366 m, 15,000 teu vessel, at the port of Pointe-Noire (Republic of the Congo) on 27 February, is part of MSC’s expansion plans to extend its network in sub-Saharan Africa by redesigning its services to the West African coast. The port of... more
Rotor sails for MOL and Vale's bulk
The Japanese shipping company Mitsui O.S.K Lines (MOL) and the Brazilian mining company Vale International, (Vale) have announced a new environmental initiative. Together, they plan to retrofit a 200,000 t class bulk carrier with rotor sails produced by the Finnish company... more
Richard Morgan to lead Imea region
Shipping company A.P. Moller – Maersk has appointed Richard Morgan as regional managing director to lead its newly created Imea region. With this project, Maersk hopes to “look further into the future”, Morgan said. With Imea, which stands for India, Middle East, and Africa,... more
Sweden replaces Russia as main trading partner
Germany's seaports handled 279.1 million t of goods in 2022, - 3.2% less than in 2021 and 4.9% less than in 2019. As reported by Germany's federal statistical office, the volume of goods received from abroad (-1.5%) fell much less sharply than the volume of goods shipped abroad... more