A joint effort to design a long-haul reefer
The Rotterdam-based Unit 45, a company specialising in the design, construction, financing and delivery of 45ft pallet-wide containers, has developed a new diesel-electric reefer in collaboration with the Belgian company H.Essers. The new reefer was designed with a 900 litre... more
Ammonia gains ground
In Japan, based on an approval in principle (AiP) from the Nippon Kaiji Kyokai (Class NK), Mitsui O.S.K. Lines (MOL) and Mitsui & Co. have come together to build a large ammonia-powered bulk carrier. MOL and Mitsui jointly determined the size and specifications of the... more
India – the promised land?
MSC, Cosco and OOCL improving connectivity to Indian ports. Does this already represent supply-chain optimisation at the expense of China – or is it but the consolidation of existing networks? MSC is expanding its Southeast Asia/trans-Pacific services to and from the ports of... more
IMO launches study on future fuels
The International Maritime Organization (IMO) has launched a project to provide technical analysis concerning the feasibility of pathways for the decarbonisation of shipping. The study is called "Future Technology and Fuels for Low or Zero Carbon Shipping”. This project... more
Ethanol on the river
A logistics chain dedicated to biofuels is gaining momentum along the Seine axis. Only recently, a river barge operated by Sogestran and transporting ethanol was unloaded at the port of Gennevilliers. Sogepp (société de gestion de produits pétroliers is the main driver of the... more
Expanding to Greece, Cyprus and Korea
The 4PL Marinetrans, an affiliate of Global Transport Solutions (GTS) and a specialist for supply chain solutions for ship owners and ship management companies, has acquired Door To Deck (D2D), a marine logistics provider in Cyprus, Greece and South Korea. The purchase price was... more
HMM also sees the tide turning
South Korea-based carrier HMM has reported its 2022 results as the last of the big shipping companies in line. Revenues of USD 14.5 billion (+34.7% compared to 2021) stood against a net profit in 2022 of USD 7.9 billion, an increase of 34.8%. Despite a 3.5% decline in... more
More capacity on Belgian-British route
The shipping line P&O Ferries is chartering additional capacity from Finnlines. The two companies are joining forces to respond to the demand of trade flows between Belgium and UK on the Zeebrugge-Teesport route. The Finnlines vessel “MS Finnpulp” will be chartered for... more
Vessel S&P service backed by Baltic Exchange
Squire Patton Boggs (SPB), a Cleveland (OH, USA)-based international law firm with 42 offices in 20 countries, has partnered with The Baltic Exchange, owned by the Singapore Exchange (SGX) Group. The contribution of the company, which achieved a turnover of over USD 1... more
World fire impacts Hamburg
At the presentation of its 2022 results, Germany's biggest port said that "in 2022, international crises impacted the Port of Hamburg’s seaborne cargo throughput." In total, Hamburg's terminals handled 6.8% less than in 2021, with volumes amounting to 119.9 million... more