Funding for visual fleet management
In USA, investors have shown interest in the Boston-based firm Ship In Systems, a visual fleet management platform. The series A funding was led by Zeev Ventures, a Silicon Valley venture capital firm. Hyperplane and Munich Re Ventures also participated, bringing the total... more
Bimco: recycling facilities under EU regulation
The Baltic and International Maritime Council (Bimco) has insisted on the need to include non-EU recycling facilities, especially from the Indian subcontinent, in the list of authorised facilities of the European Union (EU). In a new edition of its 'Report on the European... more
A stable 9M/2022 in Rotterdam
351 million t of freight were handled in the Dutch port of Rotterdam in the first nine months of 2022, roughly the same amount as in 9M/2021 (+0.3%). The container segment dropped by 8.6% in total weight and by 4.4% in number of containers. However, considerably higher... more
Capacity outstrips demand
The Copenhagen-based maritime consultancy Sea-Intelligence recently analysed the rising gap between global capacities on the seas and global demand. The latest demand data from Container Trade Statistics (CTS) shows that in August 2022, the annualised growth over 2019 was... more
Stockholm wants more hydrogen
It is a coalition involving three partners. The Ports of Stockholm, Volvo Penta and CMB.Tech are collaborating to jointly pilot and operate ro-ro tractors running on hydrogen-diesel dual fuel powertrains. The investment is taking place in Stockholm Norvik Port, with the... more
Saudi Ports on the growth path
The Saudi Ports Authority Mawani has reported that the country's gateways moved more than 650,000 teu in September, a rise of 9.2% compared to September 2021, when 602,000 teu were handled. Exported containers surged to 267,000 teu, an increase of 12.5% compared to the same... more
Another vessel for Vietnam–Vladivostok route
Fesco is reinforcing its direct Vietnam line FVDL, a regular service connecting the ports of Vietnam with the port of Vladivostok, which is also a member of Russia’s Fesco Group. A second vessel now operates on the route. Thus the container service will now be served by two... more
A combination for zero emissions
With the vessel ‘FPS Maas’ the Dutch shipping company FPS is implementing its plan to build a fleet of ten emission-free inland and shortsea vessels. The conversion project involves the firms Future Proof Shipping (FPS) and the Holland Shipyards Group (HSG). HSG builds and... more
Port of Hamburg "not to be sold to China"
In view of current media reports on the planned cooperation between Hamburger Hafen und Logistik AG (HHLA) and the Chinese company Cosco Shipping Port Limited (CSPL), a HHLA spokesman stated recently that “HHLA is still in the ongoing process of obtaining the necessary... more
Savannah will tackle congestion
Record cargo flows are fine, congestion is bad. Following months of a continuous backlog of containerships waiting for berth space, the Port of Savannah is projecting that moderating demand will finally permit the port to clear the congestion before the end of 2022. Contributing... more