Twelve sisters complete
It is the end of a long journey. The last of twelve hybrid ro-ro ships of the Grimaldi Green 5th Generation (GG5G) class was recently delivered from the Chinese Jinling shipyard in Nanjing. The “Eco Italia” flies the Italian flag, has a length of 238 m, a beam of 34 m, a... more
Rina now at Iwsa
The classification society Rina has officially become an associate member of the International Windship Association (Iwsa), which is a not-for-profit, member-driven organisation that facilitates and promotes wind propulsion for commercial shipping worldwide. With more than... more
Container flows not peaking yet
In September 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 126.8 points from the 125.9 points (seasonally adjusted) registered the month before, according to... more
EUR 1 billion for ammonia
Ammonia is the Grimaldi Group’s the next big project in its strategy to upgrade its own fleet. The shipping company has ordered the construction of five new PCTCs (pure car truck carriers) with the shipyard China Merchants Heavy Industries Jiangsu. The agreement foresees an... more
More containers at Gothenburg
In Q3/2022, the Port of Gothenburg continued to expand its market share in Sweden as well as in comparison to nearby major ports in Northern Europe. The port currently holds a 53% share of the Swedish container market (+3%). In total, 655,000 teu were handled in 9M/2022,... more
Duisport is not Tollerort
In Germany, Cosco has sold its shares in the Duisburg Gateway Terminal (DGT) to Duisport, the operator of the port of Duisburg, as it was announced recently. The Chinese player had held 30% of the shares. So far, neither party has not disclosed what lies behind this step.... more
Volumes at DPW still growing
It’s a rare occurrence nowadays. Dubai’s port and free zone operator DP World kept the pace in 9M/2022 and recorded a 2% gain in container volumes across its network worldwide. Handled volumes amounted to 59.6 million teu. Q3/2022 still contributed 20.1 million teu to this... more
Taking a different way to the Cape
Maersk has adjusted the route of its SAECS service by shuffling the ports of call. The new rotation of the service will cover the ports of Port Elizabeth, Durban, Cape Town, Rotterdam, London Gateway, Bremerhaven, Algeciras and back to Port Elizabeth. However, the deployment... more
Lagos is the new location
For the first time, the German shipping and logistics expert Harren Group is extending its presence to Africa. The group's first office on the continent just opened its gates in Lagos. Harren Nigeria is led by managing director Paul Okpurughre. “The new office represents the... more
Vessels Value's outlook on newbuilds
Rebecca Galanopoulos Jones, senior content analyst at Vessels Value, has underpinned current developments on the maritime container market with the latest data. While volumes on the main trade lanes are slowing despite congestion, container traffic continues to decline gradually... more