Global assessment of ferry sector's value 
A study commissioned by the trade association Interferry and carried out by the UK-based consultancy Oxford Economics highlights the global ferry industry’s value to the world economy. Research into the latest pre-Covid full-year figures found that, in 2019, ferries carried... more
A niche from Dubai to the Pacific islands
It’s an invention of the 1985-founded non-vessel operating common carrier Cargo Gulf. The NVOCC has introduced a service linking the Persian Gulf and Sri Lanka to the Pacific Islands. The service commenced from Dubai (UAE) on 19 October and from Colombo (Sri Lanka) on 23... more
Alphaliner underlines shift to transpacific lanes
A shortage of tonnage, especially in the Far East–Middle East trade lane, has been identified by Alphaliner. Currently, none of the seven dedicated Central China–Middle East services operated by the big carriers offers the promised weekly sailings, due to a lack of... more
Brexit not affecting Rotterdam
In Q3/2021 the port of Rotterdam saw the container volumes return to pre-Covid levels. Total freight throughput in the Dutch port rose to 118.5 million t, 14.6% more than in the same period last year. Throughput in the first nine months of this year amounted to 350.1 million t,... more
More money for Wakeo
Paris-based Wakeo, a data platform for shipping visibility, recently raised USD 11 million in a series A financing round. The company uses a global network of sources to collect data, which is bundled on a specific platform, for example in order to anticipate disruptions and... more
Barcelona's first nine months in 2021
Until September 2021, the Port of Barcelona maintained double-digit growth in freight traffic. Container throughput was up 30.6% compared to the same period in 2020, amounting to 2.7 million teu. In comparison to pre-pandemic levels, January to September 2021 saw 6% growth in... more
China Navigation changes its brand
The China Navigation Company (CNCo) has been renamed Swire Shipping. It is the Swire Group’s oldest operational brand. “Swire Shipping is widely recognised as the operating name of the business,” commented James Woodrow, managing director of Swire Shipping. Founded on the... more
Bonds for Savannah
The Georgia Ports Authority (GPA) does not intend to finance the build-up of its port facilities via credits from banks. Instead, it has announced plans to issue via public offering approximately USD 425 million in revenue bonds to fund infrastructure projects at the Port of... more
Containers: how long will the boom last?
Copenhagen-headquartered maritime consultancy Sea-Intelligence has put forward its forecast on how long the current boom in container demand in North America may last. Essential is the gap of spending in services and goods. CEO Alan Murphy: "Historically, the rate of... more
