Charter fleet's share at lowest level since 2002
The share of the container fleet owned by charter owners has declined to 40%, the lowest level since 2002, according to Niels Rasmussen, chief shipping analyst at Bimco. Over the past twelve years, the charter fleet has grown at an annual rate of 3.2%, reaching 11.7 million teu.... more
AI technology to improve safety
Hamburg’s water police department has implemented a digital model using artificial intelligence (AI) to systematically detect undeclared hazardous materials and enhance safety at the port of Hamburg. Supported by IT software firm Dakosy, the project was funded by the... more
Balkan gateway registers record high
Port of Thessaloniki increases its container throughput. The Thessaloniki Port Authority (THPA) has announced its financial results for financial 2023. The logistics solutions provider for the Balkans and the broader Southeastern, Central and Eastern European regions operates... more
IRS to help create UP Inland Waterways Authority
The Indian Register of Shipping (IRS) and the Uttar Pradesh transport department have signed an mou to establish the UP Inland Waterways Authority, aiming to develop and regulate inland waterways in Uttar Pradesh. The IRS will assist in formulating the authority and... more
Commercial adoption of OCC hinges on regulations
According to DNV’s latest whitepaper, onboard carbon capture (OCC) is seen as a promising method for reducing emissions in the shipping industry while continuing to use conventional fuels. However, its commercial viability hinges on collaboration between regulators,... more
Vahle wins automation contract for Khalifa port
Paul Vahle has secured a major contract to electrify and automate container blocks at the new Khalifa port in Abu Dhabi. The Kamener company will initially equip 16 container blocks with automation systems and install around 22 km of power rails in the first phase of the... more
Linking networks digitally
From Rotterdam to Basel. The platform operator Portbase and the RheinPorts association have launched a joint project that supplies digital links between the maritime and inland port communities. It aims to optimise data flows between the Netherlands and ports on the river... more
Another short-sea service in the Mediterranean
Diamond Line, Cosco Shipping Europe's short-sea and feeder carrier, and Tarros Group have announced a new weekly service, PAE, connecting Alexandria, Egypt, and Piraeus, Greece, with Algiers, Algeria, starting in June 2024. The service will use two 1,000 teu vessels, with the... more
Survitec calls for stricter fire safety checks
Survitec, a global provider of survival technology solutions, has issued a white paper calling for increased industry oversight in ship fire safety inspections due to a rise in ship detentions and losses from fires. The paper, released at the Posidonia tradeshow, highlights... more
CSM launches Dubai office
Columbia Shipmanagement (CSM), a member of the Columbia Group, has expanded its global footprint with a new office in Dubai. With this move, CSM aims to enhance its presence in the Middle East and complement its existing operations in Saudi Arabia, focusing on strengthening the... more