24,000 teu nuclear ship unveiled
China's Jiangnan Shipyard introduced the world's largest nuclear-powered containership at the Marintec China 2023 trade fair in Shanghai recently. With a 24,000 teu capacity, this design features advanced molten salt reactors, enhancing safety and efficiency. Its propulsion... plus
Hydrogen hub in Abu Dhabi
AD Ports Group and Masdar have signed an MOU to develop a green hydrogen production hub within Khalifa Economic Zones Abu Dhabi (Kezad). This initiative aligns with the UAE’s national hydrogen strategy, aiming to increase local hydrogen production to 1.4 million t annually by... plus
ONE adds Nagasaki unit
Ocean Network Express (ONE) has announced the creation of a new subsidiary, One Dejima, in Nagasaki City, Japan. This initiative, supported by the Nagasaki Prefecture, Nagasaki City, Fukuoka Financial Group, and the Juhachi-Shinwa Bank, aims to extend ONE's global network and... plus
EU ETS: shipping's big bill
The International Transport Intermediaries Club (Itic) has raised concerns about the financial impact of the European Union's Emissions Trading Scheme (ETS) on the shipping industry, predicting that costs could reach billions. The ETS, effective from 1 January 2024, will... plus
Maersk's methanol ship to set sail
Maersk is planning to introduce its first large methanol-capable ship in spring 2024, to serve Hamburg on the AE7 route between Asia and Europe. The 16,000-teu vessel, constructed by Hyundai Heavy Industries, is equipped with a dual-fuel engine that operates on methanol,... plus
German ports need a strong rail network
The seventh Railway Conference in Hamburg, held on 11 December 2023, highlighted the need to maintain a robust rail network for the Northern German seaports. The Hamburg port, which handles over half of its hinterland traffic by rail, moved 47.3 million t of cargo last year.... plus
Logistique 2.0 de bout en bout
L’approche intermodale de DP World en Grande-Bretagne sert d’exemple. Les chargeurs souhaitent l’intégration et la simplification de leurs concepts logistiques. DP World répond à leurs souhaits au Royaume-Uni où non seulement les capacités telles que le terminal London Gateway... plus
Freight rates hit 2019 levels
The container shipping industry is experiencing a downturn in 2023, with a nearly 2% year-on-year decline in container volumes and a significant drop in freight rates, returning to 2019 levels by September. Despite these reductions, chartering costs remain 25% above 2019... plus
O. Brunoni and Allmarine join up
In Switzerland, O. Brunoni and Allmarine will merge their business activities as from 1 January 2024. The managements of both companies have mutually agreed to operate under the single brand O. Brunoni in future. O. Brunoni has also won Zim, globally the tenth largest... plus
Cosco’s blockchain e-bill hits 100k
Cosco Shipping has issued its 100,000th blockchain-based electronic bill of lading to a Shenzhen-based e-commerce customer, marking a significant milestone in digital trade facilitation. This achievement reflects Cosco's commitment to digital innovation, having served over 7,500... plus