Global shipping overcapacity: balanced by 2028? 
According to Sea-Intelligence, the container shipping market is grappling with overcapacity, with 2023 and 2024 expected to see significant excess. Optimistic scenarios suggest potential rebalancing by 2028, but uncertainties around factors like demand, supply and structural... more
Digital trucking with Egim and Drive My Box
Eurogate Intermodal (Egim), a Hamburg-based provider of intermodal transport for sea containers, and Drive My Box, a digital platform for container trucking, have formed a strategic partnership to further digitise truck traffic in Germany. This collaboration has led to the... more
Three tugs delivered to Poland
Damen Shipyards has delivered three new ASD Tugs to WUZ Port and Maritime Services in Gdansk, Poland. The three tugs, including "Pax", the last of the trio, were welcomed into the fleet in a flag-raising ceremony in October. The first two, "Ares" and... more
DNV's recommended practices for AI
DNV, a risk management and assurance company, has released a set of recommended practices (RPs) to help companies safely implement artificial intelligence (AI) in critical devices, assets, and infrastructure. These RPs cover essential AI building blocks, such as data,... more
Joint effort: rotor sails for LNG
Anemoi Marine Technologies and Hudong-Zhonghua Shipbuilding Group have partnered to develop rotor sail designs for two LNG carrier newbuildings. The collaboration aims to assess the feasibility of creating rotor sails for installation on LNG carriers, meeting current and future... more
A drink in the heart of Paris
OBD Grand Paris and Sogestran Logistics introduced an urban river logistics solution in June 2023, allowing beverage delivery vehicles to be reloaded in central Paris. OBD Grand Paris focuses on sustainable urban logistics to address decarbonisation and reduce city traffic.... more
Construction of Dutch hydrogen network begins
The construction of a national hydrogen network, commencing in the port of Rotterdam, was officially inaugurated on 27 October. The presence of King Willem-Alexander, minister for climate and energy Rob Jetten, mayor of Rotterdam Ahmed Aboutaleb, and the king's commissioner... more
Chinese money for Russian vessels?
Faced with the financial consequences of the war in Ukraine and Western sanctions, Russia's second-largest lender is turning to China in search of lucrative opportunities to offset losses – and it has even floated the idea of jointly building ships. In August 2023, the... more
Cheap Suez?
The Suez Canal Authority (SCA) issued a circular in mid-October announcing an increase of between 5% and 15% in transit fees for most segments of trade vessels. Yet this surcharge, which will come into effect from 15 January 2024, will exclude container units arriving from... more
European ports: sharp drop in container handling
In September, the Container Handling Index, jointly complied by RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL), surged by 4 points to a seasonally adjusted 128.0 points. This remarkable increase was primarily... more