Do spot rates show the trend? 
Currently, about 10% of global vessel capacity remains effectively unavailable to the market due to vessel delays. In addition, there was an expectation that the Shanghai re-opening would lead to a significant boom in demand - which did not occur. Recent spot rates are also... more
Vado Express to start soon
Maersk is launching a new service between Port Said at the Suez Canal and Vado Gateway at the Port of Genoa. The first feeder of this new service (3,000 teu) will depart from Port Said on 8 July and arrive at the Vado Ligure Terminal on 14 July. For cargo arriving from... more
BAL goes for expansion
According to Clarkson, the Hong Kong-registered Chinese containership operator BAL Container Line is currently also opting for newbuilds, like other liners. Two new vessels with a capacity of 14,000 teu each will be built at Jiangnan Shipyard and are expected to be ready for... more
The marriage is postponed
Since 2020, HHLA and Eurogate, Hamburg and Bremen’s most important terminal operators, have been negotiating a partnership to bundle their strengths. The reason why the operators are contemplating a possible merger is the fact that the competition, especially in Antwerp, has... more
A growing trend in container vessel capacity
There is a growing interest for one segment of middle-sized container vessels. According to Niels Rasmussen, chief shipping analyst at Bimco, new container ships below a capacity of 8,000 teu have become increasingly popular. He said: “At 1.9 million teu, the current order book... more
Hydrogen to fuel the ports of Stockholm
In Sweden, the Ports of Stockholm and the British company CMB Tech are partnering to build a hydrogen fuelling station adjacent to the port. In the initial phase, port vehicles will be converted to run on green hydrogen. The first hydrogen-fuelled terminal truck is planned... more
More space for Rhine terminal
After a Europe-wide tender procedure, Delta Port has awarded Contargo the contract for an additional area in the port of Voerde-Emmelsum, on the Lower Rhine near Wesel (Germany). The container terminal will be enlarged, and the quay extended by 130 m in the coming years on... more
World trade on its way up again
In May 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) soared to 123.6 points from 122.1 points (seasonally adjusted) the month before, according to the latest flash... more
Melbourne takes a dip
It is not a law of nature that volumes have to grow in all the ports of the world. Traffic at the Port of Melbourne has gone down since the beginning of this year. In May 2022, the port saw its container throughput shrinking by 6% compared to the same period in 2021, reaching a... more
When Finns buy in Canada
Wärtsilä Voyage, an affiliate of the Finnish technology group Wärtsilä, is acquiring Port Link Global, a port solutions company headquartered in Vancouver, Canada. The transaction was signed and closed in June 2022. Port Link and Wärtsilä Voyage have been successful partners... more