Study for an e-fuel supply chain
MOL, Itochu, HIF, and JFE Steel have partnered to explore the feasibility of a comprehensive supply chain for synthetic fuel and CO2 marine transport using green hydrogen. The study will first examine the use of e-fuel at JFE Steel and then cover CO2 capture in Japan, its... more
Linking Jacksonville with South America
The ocean carrier MSC Mediterranean Shipping Company has combined two existing container services to create a new direct route between the Jacksonville Port Authority (Jaxport) and the West Coast of South America. This new Ecuador-NWC and Scan Baltic-USA rotation, which now... more
Economic waves hit Hamburg port
The port of Hamburg faced geopolitical and economic challenges in 2023, resulting in a 4.7% decline in seaborne cargo volumes compared to 2022. Container throughput decreased by 6.9%, but showed a slight recovery in the second half of the year. Despite these difficulties, bulk... more
Unity in shipping renewed until 2032
Cosco Shipping and its partners, including CMA CGM, Evergreen, and OOCL, have agreed to extend the Ocean Alliance until 2032, seeking to maintain reliable services for customers amidst the evolving global trade landscape. Since its inception in 2017, the alliance has... more
Bilbao Port at Empack
The Port Authority of Bilbao and Uniport Bilbao are participating in the Empack and Logistics & Automation trade fair at the Bilbao Exhibition Centre on 28 and 29 February. They aim to showcase the port's logistics services to over 2,300 professionals from the packaging,... more
Ignazio Messina welcomes "Jolly Clivia"
Ignazio Messina & C has officially taken delivery of its new ship, the "Jolly Clivia", at the port of Singapore. The vessel, measuring 262 m in length and 32 m in width, will sail to Europe with stops in Mundra (India), Jebel Ali Dubai (United Arab Emirates), and... more
Wärtsilä's ammonia solution
Wärtsilä Gas Solutions has introduced an ammonia fuel supply system (AFSS) for ships. Ammonia is considered a promising fuel for reducing CO2 emissions and almost eliminating sulphur oxide (SOx), nitrogen oxide (NOx), and particulate matter (PM) emissions. The AFSS, suitable... more
Ranking shipowning nations: who leads?
Vessels Value has revealed the top ten shipowning nations, showcasing shifts in asset values and ownership strategies over the past year. Japan leads with a fleet worth USD 206.3 billion, growing by 5%, particularly in the tanker sector. China follows closely with a fleet value... more
Svitzer gears up for listing
Svitzer, a global towage and marine services provider, posted a 6% growth in revenue in 2023 to DKK 5,786 million (USD 0.84 million), driven by a record number of harbour towage tug jobs. Adjusted for foreign exchange impact, revenue increased by 9.5%. Ebitda rose 4% to DKK... more
CMSA shatters rail volume record
The terminal operator Contecon Manzanillo (CMSA) in Mexico, part of ICTSI, posted a record in January, handling 20,400 teu of rail cargo, a 68% increase from January 2023 and the highest rail throughput in Manzanillo. The use of rail for cargo has been crucial for CMSA's growth,... more