Laurels for ZIM's IPO 
Carrier ZIM held its IPO celebration at the residence of ZIM’s major shareholder, Idan Ofer, on the seashore in Arsuf, near Tel Aviv. Many other guests joined virtually, including heads of international banks, financial institutions, law firms and others who took part in the... plus
Yantian's backlog spreads epidemically
After a detected Covid-19 outbreak amongst port workers on 25 May, the median dwell time at Yantian Port (China) has risen to 18 days since the first week in June, according to the Chicago IL (USA)-based maritime analyst Project 44. The pandemic continues to spread as... plus
Milestone set by Port of Rijeka
The Adriatic Gate Container Terminal (AGCT), the Croatian-based subsidiary of International Container Terminal Services (ICTSI), recently set a new mark. The terminal handled a cumulative throughput of 2 million teu on the company’s 10th anniversary. Achieved over the... plus
Measures against piracy in the Gulf of Guinea
The Deep Blue project in Nigeria is shaping up well. On 10 June, the authorities announced a significant investment in its military and law enforcement infrastructure to protect its maritime dominance in the Gulf of Guinea. Managed by the Nigerian Maritime Safety Agency... plus
Eco-friendly winds from Japan
Japan-based shipbuilder Namura Shipbuilding and operator NS United Kaiun Kaisha have entered into a partner agreement for a joint research project aimed at developing a wind-powered system. Following the International Maritime Organisation’s decarbonisation targets to reduce... plus
Italo-German cooperation in bulk operations
Nova Marine Carriers, which is headquartered in Lugano, and Hamburg-based Aug. Bolten, a traditional German shipping brand, have agreed to join forces to own and manage drybulk vessels. A part of the plan is technical and crew management through Lydiamar, an affiliate of... plus
Upgrading Brake Port's second berth
German port company Niedersachsen Ports is investing EUR 8.5 million in the renovation of a large ship berth. A further EUR 1.5 million will be used to restore the jetty that was damaged by the Mount Hope accident. After completion scheduled for 2023, two berths in the Brake... plus
Two reasons for capacity crunch
Copenhagen-based maritime consultancy Sea-Intelligence has analysed the capacity shortages in maritime transport that are leading to record margins. As there is no global container shipping boom, the company attributes the current shortage of vessel capacity (and of empty... plus
Semi-autonomous inland barge in Benelux
Ship management company Seafar and Liège-based Tercofin (Novandi Group) have developed a new technology: In a trial, the 110 m long and 11.40 m wide container ship connecting the ports of Antwerp and Liège was remotely controlled and piloted from a control tower in Antwerp by... plus
Switzerland opts out of state insurance
The Swiss Federal War Transport Insurance (BKV), whose beginnings date back more than 60 years, is being discontinued. On 4 June 2021, the Swiss Federal Council decided to withdraw this state insurance offer, since the risks of international transports carried out to ensure the... plus