Sino-Finnish MoU for naval technology
The Finnish technology group Wärtsilä has inked an MoU with the China Classification Society and the Tianjin Port Group to co-develop China’s next-generation intelligent tugs, in line with CCS intelligent ship standards. The project’s scope includes delivering situational... more
Yang Ming’s growing capacities
The shipping company Yang Ming, founded in 1972, started operating the ‘YM Together’, a newly-built 11,000 teu container vessel chartered from Shoei Kisen Kaisha and built by Imabari Shipbuilding in Japan. The ship will be deployed in Yang Ming’s PN3 trans-Pacific operation... more
Déjà vu: danger zone Gulf of Guinea
The European Community Shipowners’ Association (ECSA) is one of the maritime organisations concerned about the surge of piracy attacks in the Gulf of Guinea. The latest incident, in South Nigeria, which involved a suspected pirate vessel and the Danish frigate ‘Esben Snare’... more
First Dutch snaps up all shares of S5
A rapid concentration is taking place in the “Port Services” industry. After taking over the agency activities of the Royal Burger Group and Jardine, First Dutch has now acquired the S5 Agency World (S5)'s shares of Marmedsa Noatum Maritime and Kanoo Shipping, becoming the sole... more
Traffic reshuffle around British isles
Ro-ro traffic between the Republic of Ireland (ROI) and UK has declined significantly post Brexit and is now running at its lowest level since early 2015, according to latest nine-month statistics. ROI-GB volumes were down 20% during Q2 and Q3 of 2021 compared to 2019 figures... more
Joint effort for green barge traffic
Jurong Island terminal, a unit placed on an island located to the southwest of the main island of Singapore, has seen the launch of a new eco-friendly barge service. PSA and Ocean Network Express (ONE) started barge sailings from PSA Singapore to PSA Jurong Island Terminal on... more
Official carrier for Rally Dakar 2022
Shipping company Ignazio Messina has been appointed as official carrier by Saudi Arabia's organisers of Rally Dakar 2022. The Genoa (Italy)-based carrier will deploy three vessels “Jolly Quarzo”, “Jolly Titanio” and, if required, “Jolly Perla”, that will carry from Marseille... more
Singapore investment in US-American player
The New York-based private equity firm Greenbriar is selling one of its assets to PSA International, a port and terminal operator headquartered in Singapore. Based on the agreement, 100% of the shares of privately-held BDP International change hands. The transaction is... more
UPM extends contract with Anker
Finnish company UPM-Kymmene Oyj, a major company in the bio, forestry, pulp and paper industry, has extended its contract for the handling of forestry products with Anker Schiffahrts-Gesellschaft, part of the Leschaco Group. From 1 January 2022, Anker Schiffahrt will... more