Shanghai still ahead in 2022 
In terms of throughput, Shanghai is again ahead of Singapore in 2022. Despite the pandemic shutdowns, the Shanghai International Port Group (SIGP) handled more than 47.3 million teu last year. While container volumes were volatile in Q2/2022, July set a new monthly high with... plus
MOL procures loan for sustainability
The Japanese carrier MOL recently made use of another transition-linked loan with Sumitomo Mitsui Banking Corporation. This is Japan’s first global commitment line agreement using this kind of loan. It is a financial instrument designed to assist companies that are taking action... plus
Changes in cargo flows
The Copenhagen-based maritime agency provider Sea-Intelligence recently published an analysis of the cargo streams on the North America West Coast (NAWC). Compared to 2019, volume growth in 2022 stagnated during the first two months of the traditional Q3 peak season and... plus
PSA keeping the balance in 2022
Singapore-headquartered PSA International (PSA) has reported its results for 2022. In total, the Group handled container volumes of 90.9 million teu globally. Compared to 2021, the group’s volume decreased by 0.7%. The flagship PSA Singapore contributed 37 million teu (-0.7%),... plus
Another way of Californication
The Japanese container shipping company Ocean Network Express (ONE), headquartered in Singapore, has signed agreements to acquire a 51% stake in two terminals on the US West Coast - Tra Pac and Yusen Terminals (YTI). MOL and NYK as well as Macquarie Infrastructure Partners... plus
The Alliance and the Atlantic
Falling volumes are causing problems in the deployment of ultra large container ships (ULCS). The Alliance is now focusing on Asia and Northern Europe. In its estimation, the Asia-Northern Europe trade is regaining in importance. Hapag-Lloyd, ONE, HMM and Yang Ming have thus... plus
For a change in East Africa
A feeder service was recently enhanced in East Africa. The French line CMA CGM announced that it has deployed more capacity on its feeder service connecting Kenya to the island of Zanzibar (Tanzania) A second vessel, the ‘Onego Bora’, which is solely operated by CMA CGM, has... plus
USD 630 million investment in ammonia options
The Naples-based Grimaldi Group has ordered five new ammonia-ready PCTCs (pure car and truck carriers). This new project, which also includes an option for a further two vessels, comes just over two months after the latest order for the construction of five more PCTCs. Thus,... plus
Miser sur l’Afrique de l’Est 
Nouvelle liaison entre l’Inde, les EAU, le Kenya et la Tanzanie. Le regard tourné vers la croissance de 8% prévue pour l’économie est-africaine, trois armements vont coopérer dans le cadre d’un service commun. Ce dernier reliera l’Inde et les Émirats Arabes Unis au Kenya et à la... plus
Un Italien à la tête
Zeno D’Agostino, nouveau président de l’Organisation des ports européens. Vérone, Naples, Trieste et nouvellement Bruxelles: Zeno D’Agostino, jusqu’ici vice-président, a été nommé début novembre, à l’assemblée générale de l’Espo, nouveau président de cette organisation... plus