Mounting pressure on Chinese box market 
Container prices and leasing rates in China continue to fall amid weak cargo demand, excess inventories and trade uncertainty. According to Container xChange, average prices for 40 ft high-cube containers have dropped 11% since November 2024. One-way leasing rates from... more
Wallenius Wilhelmsen reports record performance
Wallenius Wilhelmsen has released its 2024 annual report, delivering all-time high results. Its adjusted ebitda rose to USD 1.9 billion, while net profits reached USD 1.07 billion – both surpassing 2023 figures. All business segments contributed positively, despite an 8% drop... more
Dredging key to Dutch-Belgian resilience
A new report by NMT-IRO and Erasmus University highlights the strategic importance of the Dutch and Belgian dredging sector for coastal protection, port access and the energy transition. The industry, which supports over 350,000 jobs annually through critical port and... more
Strengthening multimodal transport solutions
The German operator Häfen und Güterverkehr Köln (HGK) is strengthening the German Transport Forum (Deutsches Verkehrs-Forum DVF) in the fields of logistics and ports/shipping. The company runs port facilities in Cologne and the surrounding area and offers multimodal transport... more
Study shows that steel corrosion is a major CO₂ threat
Steelpaint, a corrosion specialist based in Germany, has warned the industry that inadequate corrosion protection contributes more to global CO₂ emissions than the aviation sector. Managing director Klaus Müller underlined the fact that premature steel failure leads to... more
First Gemini vessel at London Gateway
DP World London Gateway has welcomed the first vessel from the Gemini Cooperation, an alliance between the shipping lines Maersk and Hapag-Lloyd. The ‘Maersk Stadelhorn’ arrived on a call in its ME2/IEX India–Europe service, linking the UK with ports in the rest of Europe,... more
A Japanes first in Zeebrugge
Mitsui O.S.K. Lines (MOL) advises that it has started using bio-LNG for its LNG-fuelled car carrier "Celeste Ace", marking a milestone in its decarbonisation efforts. On 16 March, the vessel was supplied with 500 t of bio-LNG from Titan Supply$ at the port of Zeebrugge... more
PIL names fourth 14,000 teu LNG dual-fuel vessel
Singapore-headquartered Pacific International Lines (PIL) has named its fourth 14,000 teu LNG dual-fuel container vessel, "Kota Embun", at a ceremony in Shanghai. The vessel is the first in PIL’s fleet to feature a bow windshield, designed to improve aerodynamics and... more
Tailwinds for tankers et al 
Wind power ahoy! Bound4Blue has installed one of its e-sails on a tanker from Eastern Pacific Shipping for the first time. According to the manufacturer “the simplicity of the e-sail” represents an advantage for the specific challenges faced by this type of vessel. more
Tarros Group returns to Spain
The Tarros Group has inaugurated a direct service connecting Italy and Spain, with the ‘Vento di Levante’ making its maiden call in Barcelona recently. The fixed-day weekly service offers fast and efficient transit between key Italian ports and Spain. The new route, developed... more