A direct connection between India and USA 
The Chinese carrier Cosco, including its Hong Kong affiliate OOCL, recently launched a direct service from Asia connection to the US East Coast via Suez. The weekly Awes service calls the ports of Singapore, Laem Chabang, Cai Mep, Mundra, the Suez Canal, New York, Norfolk,... more
Iran-Cuba sea link on the list
A direct shipping link is being established between Iran and Cuba. According to Iranian sources, the deputy foreign minister for economic diplomacy, Mehdi Safari, explained the new launch in detail. "A direct shipping line has been established between Iran and Cuba over... more
Sudden ebb in used container ship market 
What was good in the past can be bad today. The once vibrating market of second-hand container vessels slowed down in the course of 2022. Over the year, sales and purchase levels were only half as high as in 2021, according to Alphaliner's latest global survey. In 2022,... more
A new intra-American service
Haifa-based carrier ZIM is launching its new service ZIM Colibri Xpress (ZCX) which will connect ports on the South American West Coast with the US East Coast. The rotation will be the following: San Antonio (Chile), Callao (Peru), Guayaquil (Ecuador), Cartagena (Colombia),... more
Brussels' bridge in the making
The repair work on the deck of the Buda Bridge can finally begin now that the legal experts have finished their inspection. A boat hit the bridge one month ago, making it impossible for it to operate. The Buda Bridge, owned by the Port of Brussels which ensures its daily... more
Gothenburg on a par with 2021
Goods volumes in the Swedish Port of Stockholm remained stable in 2022 despite a declining economy. Total cargo streams at Ports of Stockholm decreased marginally, from 9.1 to 8.9 million t, dropping 1.6 % below the very high numbers of 2021. At Stockholm Norvik, Sweden’s... more
CMA CGM strengthens Japan loop
The French carrier CMA CGM is reshuffling its services in Japan. The “CMA CGM Argentina”, the company's biggest ship to call regularly in Japan, has been reassigned to a weekly service to the Honmoku D4 terminal in Yokohama. The vessel is one of two 15,000 teu units that the... more
Hapag-Lloyd makes the best of it
Hapag-Lloyd celebrated its 175th anniversary last year. It has now reported its financial results for this special year, on the basis of preliminary figures. In 2022, revenues rose to USD 36.4 billion (2021: EUR 34.5 billion), due to a high average freight rate of USD 2,863... more
Taiwanese liners affected by the trend
In December 2022, Evergreen, Yang Ming and Wan were hit by the turn of the tide in the shipping industry: all three carriers saw their revenues go down by 40 to 50% compared to the same period in 2021, due to inflationary pressure, poor demand and downgraded shipping rates.... more
Cargo with wind under its wings
CMA CGM Group, Ademe Investissement, Neoline Développement, Corsica Ferries and Louis Hardy SAS are jointly investing a total of EUR 60 million in building the first sailing cargo ship of the neoliner class. Additional financing has also been granted by the Banque des... more