New player in Ukrainian waters 
Hamburg-based carrier Hapag-Lloyd is opening a new office in Ukraine. Bordering on the northern shores of the Black Sea and the Sea of Azov, the country is the second largest in Europe and lies between the European Union and Russia. The new office will be in the Ukrainian... more
Jaxport hits the jackpot in May
In May, Jacksonville Port in Florida (USA), aka Jaxport, set a new record for monthly container volumes. Box movements increased by 37% over the same month in 2020, to more than 128,900 teu in May 2021. Previously the record, set in October 2019, had stood at 123,700 teu. In... more
Tool to streamline container standards
The Digital Container Shipping Association (DCSA) has created the ‘Adopter Programme’, a tool that “enables stakeholders to streamline vendor selection when seeking standards-based, interoperable solutions.” The DCSA is an Amsterdam-based not-for-profit group with nine... more
DP World drives Somaliland's maritime links
DP World recently inaugurated the new container terminal at Berbera Port, Somaliland, following completion of the first phase of the port’s expansion at the Horn of Africa. The new terminal was opened at an official ceremony which was also attended by a delegation from Ethiopia.... more
Seaspan extends containerships lease for Cosco
The Seaspan Corporation, an independent owner and operator of containerships and a subsidiary of Atlas Corp, recently forward-fixed contracts and extended the lease terms for Cosco Shipping Lines of 17 containerships representing around 117,700 teu. The vessels’ charters were... more
Cold-ironing project in five European ports
Five North Sea ports – Antwerp, Bremen, Hamburg, Haropa (including Le Havre) and Rotterdam– have revealed plans to make the shipping industry cleaner by providing 14,000 teu containerships or larger moored in their hubs with power from the shore (cold ironing) by... more
Container index: the only way is up
The container throughput index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose by 2.3 points (seasonally adjusted) to 128.6 in May, according to the current flash estimate. The value of the Chinese ports'... more
How maritime trade performed in 2020
The European Maritime Safety Agency (EMSA) has published a report that aims to quantify the impact of the Covid-19 pandemic measures in maritime transport. Maritime trade in the European Union (EU) fell by 9.3% in 2020, which is equivalent to a loss of 226 million t of the... more
Zim completes early redemption
Haifa-based Zim Integrated Shipping Services recently announced “the full completion of the early redemption of 100% of the principal amount and accrued interest of its series 1 and 100% series 2 unsecured notes.” The measure, announced in April 2021, was originally only due for... more
How double sailings intensify port congestion
Copenhagen-based maritime consultancy Sea Intelligence recently analysed the impact of double sailings in the booming deep sea container shipping market. This is when two or more vessels sail in the same week on the same service string. What happens is that both the ports of... more