VCFI confirms development 
The Valencia Containerised Freight Index (VCFI) has begun the new year with a growth of 10.41% in line with the second half of 2019. The demand in the shipping market is also reflected in the low share of the idle fleet, which stands at 1%. In January, all the geographical... more
The cold drives LNG transits
In January, the Panama Canal set a new record in transits and volumes of LNG carriers. The transformation of the energy market was reflected by 58 LNG passing the Neopanamax Locks over the whole month, totalling 6.74 million Panama Canal tonnes (PC/UMS). The previous monthly... more
Port of Kapellskär won in 2020
2020 was a good year for the Swedish Port of Kapellskär, Ports of Stockholm’s largest freight port. Despite the worldwide pandemic, freight volumes in 2020 increased 9% compared to the previous year. Freight volumes at Port of Kapellskär are continuing to rise. In 2020, a... more
At the gates of London 
You can move a great distance whilst staying in the same corporation, as Dutchman Ernst Schulze did in September 2019, moving from Ecuador to become CEO of DP World in the UK. He spoke to Christian Doepgen about developing ports, logistics parks and intermodal projects there. more
ONE's great leap
Singapore-headquartered Ocean Network Express has published its results for its Q3, which covers the period of October to December 2020. ONE’s fiscal year runs from April 1 to March 31. The quarter saw a particularly strong momentum with a profit of USD 944 million (5... more
New terminal in Alexandria
The Egyptian authorities of the Port of Alexandria plan to enter into a long-term partnership with CMA CGM to operate and manage Pier 55. The negotiations in Egypt were headed by CMA CGM chairman and CEO Rodolphe Saadé. In total, the new container terminal will cover an area... more
Carrier reliability hits rock bottom
The Copenhagen-based maritime intelligence provider Sea-Intelligence has published the figures on carrier schedule reliability in December last year. In its latest issue of the Global Liner Performance (GLP) report, CEO Alan Murphy spoke of a "record-low 44.6 pc in December... more
A fresh breeze for Helvetia
'Trudy' and "Helvetia', the deep-sea vessels owned by the Swiss Confederation, have been taken over by the Briese Schifffahrt Group. The transaction totalled CHF 15 million. Many investors resident in Switzerland acquired a direct participating interest in the... more
QSL expands in North America
The Quebec-headquartered terminal operator QSL has acquired Empire Stevedoring. Based in Montreal, Empire specialises in port terminal operation, stevedoring, marine services and transport. The takeover will increase QSL's geographic footprint in the Canadian and the US... more
Waving the performing flags
The International Chamber of Shipping (ICS) has published the latest Flag State Performance Table (2020/2021). According to its findings, the largest flag states – including the Marshall Islands, Hong Kong (China), Singapore as well as the Bahamas and Cyprus – continue to... more