Interasia Lines sets a new course 
Interasia Lines, an active buyer in the market for second-hand ships in 2021 and 2022, is expanding its fleet. The Singapore-based shipping line has declared options for three 3,055 teu container vessels at Japan Marine United (JMU). In April the Tokyo-founded liner already... plus
Solar Duck takes to the waters
The Dutch company Solar Duck and its partners, Japan’s Tokyu Land Corporation and Everblue Technologies, have launched plans for Japan's first offshore floating solar power generation and automated sailing boat technology demonstration. The pilot project took place on 4... plus
Changes to Noura service
The Marseille-based shipping line CMA CGM is enhancing its Noura service, which links the Indian Subcontinent, the Persian Gulf, East Africa and the Indian Ocean. Calls at the port of Nacala will now be offered on a weekly basis, as well as fortnightly calls at Berbera. The... plus
AD Ports to invest in Africa
Abu Dhabi’s AD Ports Group recently inked a collaboration agreement with the Africa Finance Corporation (AFC), a major African multilateral development institution. The agreement provides the basis for the two organisations to join forces on identifying, financing, developing... plus
New Santander terminal operational soon
A new container terminal in the port of Santander is set to commence services by April next year. It will be run by Boluda Shipping, the Boluda Corporación Marítima division dedicated to international transport. Company president Vicente Boluda Fos announced the move with the... plus
Is it a price war - or is it competition?
According to a market forecast made by Container X Change, an online platform for container logistics, “the probability of an all-out price war in 2023 is high," as CEO Christian Roeloffs put it. After the times of scarce capacities and exceptionally high container rates,... plus
Call to integrate inland navigation
Alternatives on the water are important solutions for Universal Transport, an oversized and heavylift specialist that is a part of Gruber Logistics. In the face of a tense situation in the heavylift industry the company has called on politicians and shippers to work together to... plus
Risks of the European emissions trading systems
Interferry, the International Association of Ferry and Passenger Ship Operators, has warned that the inclusion of maritime transport in the European emissions trading system (EU ETS) is going to result in a significant increase in transport costs. The change could lead to some... plus
Money (no longer) talks
The Copenhagen-based maritime consultancy Sea-Intelligence has taken a closer look at the financial results of major shipping lines in recent times. The first rank of carriers can look back on USD 124 billion in operating profits in 2021. In the first three quarters of 2022 the... plus
When French and US-Americans sympathise
The Marseille-based CMA CGM Group has inked an agreement to acquire GCT Bayonne and New York terminals, on Staten Island. The two east coast facilities belong to Global Container Terminals (GCT). The price of the purchase wasn’t disclosed. The Port Authority of New York and New... plus