Japan's first LNG bunker vessel launched 
The joint venture of K Line, Jera, Toyota Tsusho and NYK has launched Japan’s first LNG bunker vessel (LBV) at the Sakaide Works of Kawasaki Heavy Industries. The LBV is scheduled to be delivered at the end of September 2020 and will be the first of its kind to be operated in... plus
Tanker acquisition via remote
It is the first acquisition solely done by remote due to the recent boom in the tanker market. The "Cape Beira" was acquired by the Sea World Management of Montecarlo with online procedures determined by anti-pandemic restrictions. The 40,000 t tanker changed hands... plus
New Mediterranean loops operational
The AEM6 is an Ocean Alliance's weekly liner service connecting South Korean, Chinese and SE Asian ports with the Adriatic, including stopovers in the Red Sea and the Mediterranean, has started its amended loop. Evergreen's first vessel sailing according to the new rotation... plus
Chinese RHI buys Cargotec out of JV
The ownership of the joint venture in China that Cargotec and Jiangsu Rainbow Heavy Industries (RHI) have been running since 2012 has been reshaped. Since then, Rainbow-Cargotec Industries (RCI) has manufactured port and offshore cranes for Kalmar and MacGregor business areas at... plus
German inland waterway to North Sea blocked
An inland barge collided with a bridge over the Dortmund-Ems canal in Emsland, Germany, causing the bridge to collapse. The Kunkenmühler bridge was built in 1954 and was 60 m long. Ship traffic was suspended on this stretch of the 265 km long canal after the incident.... plus
Significant decreases in port throughput now over?
The international association of ports and harbours (IAPH) and the world port sustainability programme (WPSP) conduct weekly surveys on the impact of Covid-19 to monitor the current situation in world ports and trends compared to previous weeks. Compared to last week, the... plus
Power-to-methanol in Antwerp
In Antwerp, seven partners have founded a consortium for the eco-friendly production of methanol, a main raw material for the industry in the port. The partners in this project are: energy supplier Engie, transmission system operator Fluxys, waste management group Indaver,... plus
Greek shipping company inks charter contract
Greece-based Diana Shipping, a shipping company specialising in dry bulk vessels, has entered into a time charter contract with Pacbulk Shipping, Singapore, for one of its Capesize dry bulk vessels, the MV "Seattle". The gross charter rate is USD 12,300 per day, minus... plus
Moderate impact on Finnlines Group's Q1/2020
Emanuele Grimaldi, President and CEO of the Finnlines Group has released the group’s results for Q1/ 2020. He stated that the group’s revenue of EUR 130.5 million for January–March 2020 remained close to Q1/2019 with EUR 137.6 million. During the first quarter, Finnlines... plus
ONE to Oakland
The Japanese container condominium ONE has started operating its new weekly service called the Far East-Pacific 2. The first ship in the service, the ONE Aquila, just called the US ports Long Beach and Oakland International Container Terminal for the first time. Each of the... plus