OOCL confirms the trend 
Hong-Kong-based Orient Overseas Container Line’s results in Q1/2022 were in line with current developments in the shipping industry: revenues grew by 71%, while volumes went down. In its quarterly report, the liner spoke of "severe congestion around the network"... plus
Kribi's greening recognised
The award is the fruit of a longer process. In Cameroon, Kribi Conteneurs Terminal (KCT), which operates the container terminal of the Autonomous Port of Kribi, has been granted the Green Terminal label following an audit recently conducted by Bureau Veritas. The terminal's... plus
Turku weathered 2021 well
In 2021, cargo transports through the Port of Turku moved sidewards compared to 2020. About 2.4 million t of cargo were handled, exports and imports being on par. Around 123,000 trucks and trailers passed through the port, 2.4% less than in 2020 (126'000 units). As in the... plus
Another MSC service to commence
Swiss Mediterranean Shipping Company (MSC)’s new Bengal service is about to launch. Offering a direct link between South China and Bangladesh, the weekly service will connect Shenzhen's Yantian and Shekou terminals with Singapore and Tanjung Pelepas and finally call at the port... plus
New Caledonia in transition
Gipanc, which manages the island of New Caledonia’s port and airport IT systems, has taken the next step in its cooperation with Marseille-based MGI. New Caledonia’s port community now has implemented the Ci5 port community system developed by MGI with all the available import... plus
Chinese first quarter still strong
The Ningbo-Zhoushan port complex has reported a robust throughput in Q1/2022, with a container volume of 3.18 million teu in March, an increase of 4% compared to the same period last year. Over the first quarter, Ningbo-Zhoushan port expects to have handled 9.53 million teu,... plus
More UWL in Asia and California
Cleveland-based NVOCC UWL recently opened two new offices: a domestic one in Long Beach, CA, and one in Ho Chi Minh City, Vietnam. UWL President Duncan Wright: “As the industry diversifies trade route options, we are confident our investment in Long Beach and Ho Chi Minh... plus
Box margins back to normal?
In its analysis, Container X Change has concluded that the excess of empty boxes in container depots in the USA represents another challenge for global supply chains. According to this data, container prices have been declining by approximately 30% over the past two months n... plus
Going deeper into biodiesel fuel
There are four players in the game. MOL, its affiliate MOL Chemical Tankers (MOLCT), the commodity trading company Trafigura and its vessel fuel supply joint-venture company TFG Marine recently inked a memorandum of understanding (MOU) concerning a joint study on the full-scale... plus