Japanese wind power union 
Mitsui O.S.K. Lines (MOL) has formed a capital alliance with Hokutaku, Japan's largest wind turbine maintenance company. With this alliance, effective from 9 January 2024, MOL acquires a majority stake in Hokutaku. Independent of specific manufacturers, Hokutaku services around... more
Top-ranking carriers switch places in 2024
In January 2022, MSC took the crown from Maersk as the world's largest shipping line with a fleet of 645 units and a combined capacity of almost 4.3 million teu. While Maersk’s fleet shrank in 2023 by 112,500 teu or 2.7%, MSC added a little more than one million TEU of capacity... more
New links London to Rotterdam
P&O Ferries is launching a new roro freight route between London (Tilbury 2) and Rotterdam (Europoort), starting March 2024. This addition bolsters P&O Ferries' network, creating five hubs - Hull, Teesport, Tilbury, Zeebrugge, and Europoort - and increasing the number of... more
Hydrogen-powered crew transfer vessel
FRS Windcat Offshore Logistics has introduced the 'Hydrocat 55', Germany’s first hydrogen-powered dual-fuel crew transfer vessel (CTV), for 50 Hertz operations in the Baltic Sea. Developed in partnership with Cmb.tech, the vessel is equipped with a hydrogen injection system... more
A terminal for EUR 10 million
AD Ports Group has announced that Noatum Terminals, part of Noatum Group, has acquired 100% of APM Terminals Castellón in Spain for EUR 10 million. The deal includes a long-term agreement with the stevedoring union, ensuring stability and productivity. The acquisition... more
Zim connects Asia with East Med
Zim Integrated Shipping Services has expanded its ZMP service, which connects Asia with the East Mediterranean, to include a new stop at Cai Mep Port in Vietnam. This addition positions Zim as the sole major carrier offering a direct connection from Vietnam to the East... more
Trois-Rivières' first 2024 vessel
The 'Lowlands Hope' sailing under the Singapore flag was the first vessel of 2024 to dock at the Port of Trois-Rivières in Quebec on 2 January, after a 17-day Atlantic crossing. Departing from Sao Luis, Brazil, with 21 Indian and Filipino crew, it carried alumina for Alcoa -... more
Grimaldi Group expands in Greece
The Grimaldi Group, an Italian private shipping company, has acquired a 67% majority stake in the Heraklion Port Authority (HPA) for the price of EUR 80 million. This move comes after its recent acquisition of the Igoumenitsa Port Authority. The Heraklion port, the largest... more
Tangier port: bigger and greener
APM Terminals Med Port Tangier in Morocco has recently completed phase 2 of its expansion, increasing its capacity by over one million teu. The upgrade adds seven new container stacks, a 400 m berth and features 14 automated gantry cranes and eleven hybrid shuttle carriers... more
Global shipping: latest stats
In November, the RWI/ISL Container Throughput Index, which measures global shipping activity, saw a slight uptick to 124.5 points, mainly due to a rise in container handling in Asian ports outside China. This growth was however offset by declines in Chinese and European ports.... more