Record number of ships at the Suez Canal
One week ago, on 13 March 2023, Adm. Ossama Rabiee, chairman of the Suez Canal Authority, announced that navigation through the Canal had reached the highest number in terms of daily transits: 107 vessels (25 container ships, 28 bulk carriers, 33 tankers, six car carriers, and... more
Connection to the North of England
PD Ports and the Luxemburg-based logistics services provider CLDN have announced a new long-term cooperation for roll-on/roll-off cargo, such as cars, trucks, trailers and containers. It will bring four round trip sailings per week from Belgium and the Netherlands to Teesport... more
A stronger wind on the North Sea
Blue Water Breb, a joint venture between Danish project logistics expert Blue Water Shipping and German shipping company Breb, is strengthening its cooperation with energy service provider Vestas. A new five-year contract includes terminal handling of heavy wind turbine... more
An ecological flow of alcohol
Biofuels don’t only power transport vehicles – they themselves also have to be transported. So Sogepp, a Gennevilliers-based French storage firm for liquid goods, has developed an intermediate hub on the Seine with storage capacities to help shift low-emission fuels from the... more
Major privatisation in East Asia
In South Korea, the government-owned stakeholders have launched a process to privatise HMM, the nation’s major shipping line since the bankruptcy of Hanjin Shipping in 2016. The sellers are the state-owned Korea Development Bank (KDB) and the Korea Ocean Business Corporation... more
Yang Ming posts historic profit
The Yang Ming Marine Transport Corporation delivered a strong performance in 2022, driven by strong demand and high average freight rates in the container shipping market. During the 382nd board meeting, held on 9 March, the Taiwanese company announced new record revenues of NTD... more
10 x ONE
Singapore-based Ocean Network Express (ONE) has ordered ten large containerships with a capacity to carry more than 13,700 teu each, to be delivered in 2025 and 2026. This order is in line with the company's medium-term strategy, announced in March 2022, and follows on from... more
Two prime ministers meet at the Rijeka Gateway
Mette Frederiksen, the prime minister of Denmark, and her opposite number from Croatia, Andrej Plenković, met at the Rijeka Gateway terminal in Croatia on 6 March. According to Koen Benders, the CEO of the Rijeka Gateway, which is under construction, the project is in line with... more
Christening the new king of capacity
Most of the general managers concerned held speeches welcoming the first ship of the 24,116 teu ultra-large containership series at a christening ceremony which was held on 9 March 2023. Other representatives signed the delivery document. This vessel was built by Bank of... more
New record for PSA Singapore
PSA Singapore has compared the results of the financial years 2022 and 2021. In 2022, it achieved a new record in container throughput measured in teus since PSA Jurong Island Terminal began operations in 2012. On 31 December 2022, PSA Singapore recorded an annual volume of... more