2M and ZIM extend cooperation
Maersk and MSC, alliance partners of 2M, have agreed, in principle, with ZIM to extend their existing operational collaboration on the Asia – US East Coast and Asia – US Gulf Coast trades based on a full slot exchange and vessel sharing agreement. The agreement is still... plus
Breakbulk comes back to Antwerp
After the strong dip in 2020, the Port of Antwerp saw its breakbulk volumes return in full force in 2021. This upward trend is driven mainly by a leap in steel import volumes and a rise in project cargo shipments for ongoing renewable energy projects and the construction of... plus
Schedule reliability still the weak point
Sea-Intelligence, a Copenhagen-based maritime intelligence provider, has updated its schedule reliability figures up to and including December 2021. The report covers the relevant data from 34 trade lanes and more than 60 carriers. Schedule reliability continues to decline,... plus
US East Coast on the move
The East Coast port of Savannah moved 5.6 million teu 2021. Its volumes surged by a million teu, or 20%, compared to 2020. In Brunswick, Colonel’s Island Terminal handled almost 650,000 units of cars, trucks and machinery rise of 10.6% in comparison to the previous year.... plus
Three for ammonia bunkering
Ensuring the safety of ammonia bunkering operations remains an issue. DNV will now lead an ammonia bunkering safety study to be conducted by the Global Centre for Maritime Decarbonisation (GCMD) in Singapore. The study aims to define a set of safety guidelines and operating... plus
Autonomous ship stands the test
The Japanese liner MOL finalised its first sea trial of unmanned ship operation from port to port on 24 and 25 January 2022. Departing from Tsuruga Port in Fukui Prefecture, the vessels arrived safely in Sakai Port in the Tottori Prefecture. The consortium carried out the... plus
OOCL: high earnings with similar volumes
Chinese liner OOCL, an affiliate of Cosco Shipping since 2018, has released its results for Q4/2021 and the full year 2021. For Q4/2021, revenues rose by 101.4% to USD 4.9 billion compared to the same period in 2020. Nevertheless, liftings declined by 16.9%, loadable... plus
Next Finnlines link to start on 1 February
At the beginning of February 2022, Finnlines will put the ro-pax "Finnfellow" into operation on its Travemünde–Malmö route in the Baltic Sea. This will increase the number of departures up to four direct connections per day from Germany to Sweden and vice versa (up to... plus
Scrapping of vessels at historic low
The Junio Cargo Analyst Joey Daly has analysed the changes and trends in the shipping industry's demolition market, making use of data of the maritime intelligence provider Vessels Value. It is striking that the need for capacities in the container and bulker markets led to a... plus
Reaching Manila by barge instead of truck
Manila-headquartered International Container Terminal Services, Inc. (ICTSI) is building up its Cavite Gateway Terminal (CGT) in the province of Tanza, Philippines. The terminal and port operator recently invested yard and wharf operations with the deployment of additional... plus