Hapag-Lloyd holds its course in 2020 
Hapag-Lloyd's transport volumes of passed the threshold of 3 million teu in Q1/2020 (3.053 million teu), a 4.8 % increase compared to Q1/2019, freight rates went up by USD 15 per teu from USD 1,079 to USD 1,094. Altogether, the first quarter of 2020 was friendly to the... more
Eurokai group feels blank sailings
In Q1/2020, the Eurokai group recorded handling volumes of 2.67 million teu, a significant decrease of 10.2% compared with the 2.98 million teu in the same period of the previous year. The Contship Italia group generated a throughput of more than 421,000 teu, 9.2% below the... more
Pre-Corona impact hits Hamburg
In the port of Hamburg, seaborne cargo throughput in the first quarter of the year amounted to 31.9 million t, 7.9% down on 2019. At 2.2 million teu, container handling was less affected, but still recorded a 6.6% decline. At 579,000 teu, the total number of containers... more
Management-buy-back on the Danube
It is a re-transaction. South Africa-headquartered Imperial, which is stepping back from its European inland navigation activities, has sold its 90% holding in Multinaut Donaulogistik Gesellschaft to Peter Jedlicka, Multinaut’s managing director. In 2008, it was the other way... more
Will Maersk weather the storm?
A.P. Moeller-Maersk showed a better performance in this year's first quarter than expected. Nevertheless, the Danish container shipping company warned of a 20-25% decrease in volumes in the second quarter. Maersk posted a USD 197 million net profit in the first three months... more
Bremenports' new digital tool
In cooperation with the Bremen (Germany)-based IT services provider Abat and its subsidiary ID-Impuls, bremenports has overhauled the software it has been using for billing port charges. Managing director Robert Howe: "The aim of the project was to ensure that our... more
Guide of the ICS for security measures
The International Maritime Organization (IMO) has recently published a new guide to ensure a secure interface between personnel on board ships and on shore in times of Covid-19. The guide was compiled by the International Chamber of Shipping (ICS) together with a coalition of... more
Japan's first LNG bunker vessel launched
The joint venture of K Line, Jera, Toyota Tsusho and NYK has launched Japan’s first LNG bunker vessel (LBV) at the Sakaide Works of Kawasaki Heavy Industries. The LBV is scheduled to be delivered at the end of September 2020 and will be the first of its kind to be operated in... more
Tanker acquisition via remote
It is the first acquisition solely done by remote due to the recent boom in the tanker market. The "Cape Beira" was acquired by the Sea World Management of Montecarlo with online procedures determined by anti-pandemic restrictions. The 40,000 t tanker changed hands... more
New Mediterranean loops operational
The AEM6 is an Ocean Alliance's weekly liner service connecting South Korean, Chinese and SE Asian ports with the Adriatic, including stopovers in the Red Sea and the Mediterranean, has started its amended loop. Evergreen's first vessel sailing according to the new rotation... more