When global warming cools down, dry bulk heats up 
In his latest analysis, Mikkel Nordberg, Veson Nautical's senior shipping economist, says that decarbonisation efforts are expected to result in a net increase of 26 million t and 237 billion tonne-miles for the dry bulk shipping industry from 2023 to 2026. The expansion of... more
High moves and large ships at SC Ports
At South Carolina Ports, the Wando Welch Terminal recently processed 4,474 containers from the ‘Zim Mount Olympus’ vessel, one of the highest move counts at the port. The terminal also serviced the 15,286-teu ‘MSC Kayley’, one of the largest container ships to visit the port of... more
Revised guidelines for drug and alcohol control
The oil companies’ international marine forum (Ocimf) has released updated guidelines for the control of drugs and alcohol in the maritime industry (2024) to enhance safety in marine operations. The guidelines contain comprehensive recommendations for managing the risks... more
Pursuing sustainability and growth
Finnlines faced economic challenges in the EU in 2023, with revenue dropping to EUR 680.7 million, down 8% from 2022. Nevertheless, passenger travel on Finnlines vessels increased by over 17%. The Finnish shipping company completed its EUR 500 million green newbuilding... more
Oceanis analyses impact of rising rates
In its state of ship finance report for Q1/2024, the Hamburg-based ship finance company Oceanis highlights potential risks in banks' pricing abilities. With rising interest rates, banks have seen increased profits, but strong shipping markets and competition for leverage have... more
Digital advances to improve port efficiency
The Manila International Container Terminal (MICT) is enhancing its operations with new digital solutions. The Philippine trade gateway transitioned to 100% digital payments through the advance customer transaction system to improve safety and efficiency during the pandemic.... more
Expanding the Lower Danube 
Bulgaria and Romania developing waterways for goods transport. The Lower Danube, a section of ‘Pan-European Transport Corridor 7’, is theoretically very important as a connection between the Balkan Peninsula and Central and Western Europe. In practice, however, its potential for... more
MOL: a sustainability study for ammonia carriers
MOL Coastal Shipping, a subsidiary of Mitsui O.S.K. Lines (MOL), will conduct a concept study for a large coastal ammonia carrier in collaboration with Asahi Tanker and Ikous. The project aims to develop a sustainable ship type that meets customer needs, addresses environmental... more
Getting ready for mega vessels
Marport, Istanbul's largest port, has invested USD 200 million to increase its capacity for handling two mega vessels simultaneously and improve operational efficiency with advanced equipment. Established in 2001 as a joint venture between Arkas Holding and Terminal... more
Samskip expands shortsea portfolio
Samskip has launched a new shortsea container service connecting Santander, Tilbury and Rotterdam, set to begin on 2 April. Operated once a week, the new offering is cost-competitive with road-ferry alternatives, while also providing good reliability and lower CO2 emissions.... more