Panama keeps low profile 
The Panama Canal Authority (ACP) has decided to postpone the planned price increases on canal transit fees which were due to come into effect in mid-April. This decision was influenced by a joint letter sent by the associations International Chamber of Shipping (ICS), Asian... more
The flood of the rare
Hapag-Lloyd is investing heavily and threefold in a basic raw material for the shipping industry: containers. The Hamburg carrier has ordered 150,000 teu from China – both dry boxes and reefer containers. The order is not brand-new, since some of the boxes were already... more
Italians side with the Spanish
Naples-based Grimaldi Group and Madrid-based Armas Trasmediterránea Group have inked a memorandum of understanding (MoU) for a programme of cooperation. The agreement secures the purchase of five ro/pax vessels and two terminals in the ports of Valencia and Barcelona by the... more
U-Ming secures USD 45 million loan
U-Ming Marine Transport Corporation, a publicly listed bulk carrier company headquartered in Taiwan, has secured its first sustainability-linked loan (SLL) of USD 45 million with E.Sun Commercial Bank. For this purpose, U-Ming underwent a rigorous due-diligence process that... more
Works in Felixstowe enter next stage
The terminal and port operator Hutchison Ports Port of Felixstowe has further enhanced its deep-water berth capacity following the completion of strengthening and dredging works to berth 7 on Trinity Terminal. Berth 7 – one of the Port of Felixstowe’s nine container berths -... more
A peak in Long Beach
While the run on the US West Coast ports continues, the Port of Long Beach achieved its busiest month and the second-best quarter in its history in March 2021. Although March is traditionally one of the slowest months in the shipping calendar, throughput amounted to more... more
New headquarters in Strasbourg
After about a century spent in rue de la Nuée-Bleue, on 12 April 2021, the Ports de Strasbourg moved to its new headquarters at 1 rue du Port du Rhin. For its 95th anniversary, the second river port in France is settling in the heart of the port area itself. "PAS is... more
Port Esbjerg reduces carbon footprint
The Danish Port of Esbjerg and Honeywell are working together to reduce carbon emissions at the port by 70% by 2030 in line with the country’s climate target. The initiatives also contribute towards the International Maritime Organisation’s ambition to halve greenhouse gases... more
Zim's Pacific service up and running
Haifa-based carrier Zim is launching a New Zealand to Australia service that connects with links to and from China and offers a 15-day transit from Shanghai to Auckland and a 16-day service from Yantian to Auckland. The ports of call are as follows: Melbourne – Sydney –... more
Valencia cuts carbon footprint
From 2008 to 2019, the Spanish port of Valencia saw its carbon footprint reduced by 30%, from 3.19 kg to 2.23 kg of carbon per tonne handled. In the same period, Valenciaport’s activity nevertheless grew by 42%, from 52 million t handled in 2008 to 74 million t at the close of... more