A new stakeholder for the Spinelli Group 
The Genoa-headquartered Italian Spinelli Group is selling part of its shares to Hamburg carrier Hapag-Lloyd. The German container liner-shipping company will acquire a 49% stake in the Spinelli Group from existing shareholders, while the Spinelli family will continue to hold the... plus
A future for the port of Belawan
According to Reuters a new partnership has been set up to jointly develop the Belawan New Container Terminal (BNCT) in Sumatra. The partners are the Indonesian state-owned port operator Pelindo, a consortium based on the country's sovereign wealth fund INA and the Dubai-based... plus
Hybrid initiative in the ro-ro segment
New hybrid ships are set to enter the ro-ro segment. The logistics and shortsea shipping provider and terminal operator CLDN and the Finnish technology group Wärtsilä have jointly developed a new hybrid design for two new ro-ro vessels. The propulsion arrangement is such that... plus
Pirates high and dry in Somalia
Piracy’s threat to global shipping is dwindling, at least in the coastal areas of Somalia. Six international shipping organisations consider the Indian Ocean to no longer be a high-risk area, as there have been no attacks on merchant vessels off Somalia since 2018. Thus the... plus
Des ports «heureux» 
Nouveaux investisseurs et nouvelles lignes pour Buenaventura en Colombie. Les liaisons maritimes entre l’Extrême-Orient et l’Amérique latine vont être intensifiées, entre autres grâce à Yang Ming, Wan Hai et PIL. Des investisseurs nord-américains voient eux aussi le potentiel... plus
LNG to China via MOL
Tokyo-based MOL is focusing on its LNG activities. Through a wholly owned subsidiary, the carrier signed a long-term charter contract for three newbuilding LNG carriers with ENN LNG (Singapore). The ENN holding’s headquarters are in Langfang City in Hebei Province, China.... plus
Medgulf sails on 29 September
CMA CGM will be starting its new Medgulf service at the end of September 2022, connecting Southern Europe, North Africa, the US Gulf and Mexico. Six container vessels will be deployed. The service will call at Tangier, Genoa, Valencia, Miami, Veracruz, Altamira, Houston and... plus
Caspian Sea is top
According to the government of the Astrakhan region (Russia), traffic at the port of Astrakhan at the northern end of the Caspian Sea posted a significant growth year-on-year, with throughput rising five-fold compared to the year before. This surge is attributed to the increase... plus
Extending crane fleet in Genoa
The Italian Spinelli Group has ordered the first Generation 6 Mobile Harbour cranes to extend its existing fleet of cranes at their terminal in Genoa, North Western Italy. The order was booked in July 2022 and the crane will be delivered in December the same year. The... plus
Global Ship Lease's figures and charters
London-based Global Ship Lease recently reported its latest results. On 30 August 2022, the average remaining term of the company’s charters was 3.1 years on a teu-weighted basis. Contracted revenue on the same basis was USD 2.4 billion. Overall, contracted revenue was USD 2.8... plus