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
Be aware in Rotterdam
Slightly more seagoing vessels entered Rotterdam in 2022 than in 2021 (29,029 versus 28,876), but fewer inland vessels (97,459 versus 98,469 in 2021). In the port, overall safety has increased, with the number of accidents in port operations dropping from 141 in 2021 to 137 in... more
Container flows on a positive note?
In December 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) surged to 124.3 points from the 121.9 points (seasonally adjusted) registered the month before, according to... more