CMA CGM strengthens Japan loop 
The French carrier CMA CGM is reshuffling its services in Japan. The “CMA CGM Argentina”, the company's biggest ship to call regularly in Japan, has been reassigned to a weekly service to the Honmoku D4 terminal in Yokohama. The vessel is one of two 15,000 teu units that the... more
Hapag-Lloyd makes the best of it
Hapag-Lloyd celebrated its 175th anniversary last year. It has now reported its financial results for this special year, on the basis of preliminary figures. In 2022, revenues rose to USD 36.4 billion (2021: EUR 34.5 billion), due to a high average freight rate of USD 2,863... more
Taiwanese liners affected by the trend
In December 2022, Evergreen, Yang Ming and Wan were hit by the turn of the tide in the shipping industry: all three carriers saw their revenues go down by 40 to 50% compared to the same period in 2021, due to inflationary pressure, poor demand and downgraded shipping rates.... more
Cargo with wind under its wings
CMA CGM Group, Ademe Investissement, Neoline Développement, Corsica Ferries and Louis Hardy SAS are jointly investing a total of EUR 60 million in building the first sailing cargo ship of the neoliner class. Additional financing has also been granted by the Banque des... more
Be aware in Rotterdam
Slightly more seagoing vessels entered Rotterdam in 2022 than in 2021 (29,029 versus 28,876), but fewer inland vessels (97,459 versus 98,469 in 2021). In the port, overall safety has increased, with the number of accidents in port operations dropping from 141 in 2021 to 137 in... more
Container flows on a positive note?
In December 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) surged to 124.3 points from the 121.9 points (seasonally adjusted) registered the month before, according to... more
Supporting Maserati's tack
The shipper Maserati Multi 70, headed by Giovanni Soldini has renewed its partnership with the Tarros Group. Over the past years, the Maserati team logistic base at Tarros Headquarters has turned into an innovation laboratory of technology. The Maserati Multi 70 project, an... more
No diversity for brands
A.P. Moller–Maersk is restructuring the brands in its transport and logistics portfolio. In a press release, the group spoke of its "intention to move towards a singular, unified brand by integrating Maersk brands such as Hamburg Süd and Sealand, among others."... more
Enlarging the Manila terminal
The Manila International Container Terminal (MICT), the flagship of ICTSI, a port and terminal operator headquartered in the Philippines, is growing. The expansion of Berth 8 will increase the terminal’s capacity from 3.3 million teu to 3.5 million teu. Part of the project... more
MSC opts out of JNPT
The Mediterranean Shipping Co's (MSC) Indus 2 service no longer calls at Jawaharlal Nehru Port Trust (JNPT). Indian exporters/importers are now obliged to opt for the single MSC direct call at Mundra Port. MSC added the eight-vessel, weekly Indus 2 to its network in August... more