Stable deterioration of reliability 
The Copenhagen-based maritime consultancy Sea-Intelligence reports that global schedule reliability is continuing its trend of 2021. In April 2022, schedule reliability declined further by -1.3 percentage points compared to March and was down by -4.7 percentage points compared... more
Karachi: new gateway for Uzbekistan
It is a first for the Pakistan International Container Terminal (Pict), an affiliate of the International Container Terminal Services (ICTSI) operating in the Port of Karachi. It has just handled the first export shipment from Uzbekistan. The cargo was transported by land to the... more
Hapag-Lloyd now really African
The deal is officially closed: Hapag-Lloyd is taking over the container liner business of German carrier Deutsche Afrika-Linien (DAL). The carriers had agreed on the framework agreement in March 2022, and the transaction has now been approved by all responsible antitrust... more
Which cure for the maritime crisis?
Four government advisors and decision makers representing four global regions were present on Fiata's panel entitled “Moving Forward: What are the Solutions to the Maritime Crisis”, a side event of the Fiata HQ Meeting in Geneva on 20 May 2022. Together, they examined how... more
ONE also expanding its fleet
Another round of ten Very Large Container Ships (VLCS) is in the pipeline. The Ocean Network Express (ONE), headquartered in Singapore, recently inked two ship building contracts at the same time. One contract was signed with Hyundai Heavy Industries, the second with Nihon... more
New hybrids on Grimaldi's seas
It was of course Malta that hosted the breaking of the champagne bottle. The christening ceremony for “Eco Malta”, the latest ro-ro vessel delivered to the Grimaldi Group, took place in the port of Valletta. It is the sixth unit of a dozen hybrid sister ships belonging to the... more
Upgrade for Timor Port
New equipment has been acquired for the Tibar Bay deep sea port close to Dili, the capital city of East Timor. Timor Port, a subsidiary of Bolloré Ports, recently received two tugs, two STS gantries and four RTG gantry cranes. The delivery was made on a semi-submersible vessel... more
Index shows clear decline in China
In April 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) declined to 122.8 points from 123.3 points (seasonally adjusted) the month before, according to the latest flash... more
On how a carrier can buy back stocks
At its 2022 annual general meeting, Evergreen International, a corporate shareholder (4.96%) in Evergreen Marine, launched a request via its representative, lawyer Chu-chun Wu. He said that "Evergreen Marine should buy back stocks in the form of "treasury stocks"... more
Trois-Rivières managed 2021 well
Canada’s Trois-Rivières Port Authority (TRPA) has reported its 2021 results. The port, located at the confluence of the Saint-Maurice and Saint Lawrence rivers, welcomed 217 vessels, recorded cargo traffic of 3.9 million t and achieved a net profit of CAD 3.88 million (USD 3... more