Dare to think big
The joint venture was first called the Oman International Container Terminal; it was founded twelve years ago by Hutchison Ports, the government of the Sultanate of Oman, Steinweg from the Netherlands and Omani investors. Now its successor is being extended. more
Drewry with less confidence in ULCVs
“We believe that the industry’s supply-demand balance will benefit from a reduced appetite for ultra large container vessels (ULCVs), said Simon Heaney, senior manager, container research at the London-based maritime consultancy Drewry and editor of the Container Forecaster.... more
Ocean Alliance on course up to 2027
The CMA CGM Group, Cosco Shipping, Evergreen and OOCL have signed a contract to continue their cooperation until 2027. In addition, the partners will introduce, inter alia, the "Ocean Alliance Day 3 product" for Asia traffic in April 2019. The Day 3 product will... more
From Bilbao into the Caribbean
After some complicated manoeuvres, a fully erected crane was loaded onto a ship at the port of Bilbao (Spain). The equipment is bound for a container terminal in Guadeloupe in the Caribbean Sea. The twelve hour loading operation was prepared and coordinated by forwarder Altius... more
Liverpool - permanent substitute for Felixstowe
The 2M alliance, comprised of Maersk and MSC, has confirmed that the port of Liverpool (UK) will become a permanent call on its TA4 service, connecting Europe with the USA. The decision follows the introduction of a temporary call in July 2018 resulting from continued... more
More leviathans for Synergy to manage
The Latin American conglomerate, Synergy Group, has taken delivery of the "Ever Gifted", an new ULCV constructed by the Japanese shipbuilder Imabari Shipbuilding. Currently under Synergy’s technical management on Evergreen Line’s Far East-North Europe and... more
Major chemical player expands in port of Antwerp
Ineos, a London-headquartered group of companies in the chemical business, has chosen the port of Antwerp as the location for a EUR 3 billion investment. The British chemical group plans to build a propane dehydrogenisation (PDH) plant and an ethane cracker unit in the... more
Taking next blockchain technology step
The pilot blockchain project that the carrier Zim ran over the last year is now entering its next phase. The blockchain technology-based paperless bills-of-lading platform has been tested for trade activities on multiple shipping lanes since November 2017. Supported by... more
More about scrubbers and sulphur
The Clean Shipping Alliance 2020 (CSA 2020), a group comprised of around 30 companies in the commercial shipping and cruise industries formed in late 2018, has contracted Maritime AMC (Mamcl) to provide secretariat services for the CSA. The latter wants to expand its knowledge... more
Clarkson paints sceptical picture of shipping in 2019
Research undertaken by London-headquartered Clarkson revealed that the growth rate of the demand for world maritime transport rose by 2.7% to 11.9 billion t in 2018, compared to 4.2% in 2017. The ton per mile (tpm) growth, though, remains at an acceptable 3.1%. However, the... more