Wan Hai: more profit, new vessels 
The Taiwan-based carrier Wan Hai saw its profits rise in Q2/2022 and is now investing in the expansion of its fleet. The liner's net profit rose to USD 1 billion in the second quarter, a significant uptick of almost 59% compared Q2/2023. Nevertheless, profits declined by 26%... more
Towing them with biofuels
Automotive carrier UECC is entering into a new partnership for decarbonisation with Svitzer, a subsidiary of AP Moller-Maersk. The companies have inked a three-year contract for Svitzer’s Eco Tow product that will see biofuels introduced on Svitzer tugboats performing towage... more
Lübeck on a stable track
Lübecker Hafen-Gesellschaft (LHG) saw its business stabilise in H1/2022. Although the company's total throughput declined moderately by 2% to 11.7 million t, its core business (ro-ro and intermodal transport) improved. Above all, LHG was able to set off the negative effects... more
Hamburg attracts more containers
Better than expected: container throughput in Port of Hamburg showed a positive trend in H1/2022. 4.4 million teu were handled, about 1% more than in H1/2021. In the first six months of 2022, 117 ultra large container ships (ULCS) took advantage of the navigational channel... more
MSC adds service to West Africa
Swiss carrier MSC launched a new service to Guinea Bissau in West Africa. Every two weeks, the service will carry imports and exports to and from the destination via MSC's transhipment hub Las Palmas in the Canary Islands. This hub offers connections to trade partners... more
ZIM: best half-year results so far 
The shipping group ZIM has published its consolidated results for Q2/2022. Volumes carried went down by 7% year-on-year to 856,000 teu (Q2/2021: 921,000 teu). H1/2020 saw 1.72 million teu handled compared to 1.74 million in H1/2021. The average freight rate per teu over the... more
Is this the beginning of the end for CBER?
In Brussels, the shipping industry is back on the agenda. The European Commission (EC) is asking for input as it starts its review of its competition regulations for carriers. This initiative follows a demand from about ten organisations of European shippers, freight... more
Throughput and awareness in Abidjan
In the Ivory Coast, Terminal Roulier d’Abidjan (Terra), which provides handling services and operations related to ro-ro ships at the Port of Abidjan, has received the “Green Terminal” label issued by Bureau Veritas. This award, which was bestowed in June 2022, attests to... more
Yang Ming's fleet growing
A charter is the most recent newcomer in Yang Ming's fleet. The new 11,800 teu container vessel, “YM Throne”, belongs to Shoei Kisen Kaisha and was built by Imabari Shipbuilding. The naming ceremony took place at Imabari Hiroshima Shipyard, while Yang Ming’s attendees joined the... more
Overtime in Savannah
Not all ports are effected by strikes and shutdowns. At the beginning of its fiscal year, the US East Coast Georgia Ports (GPA) processed almost 531,000 teu in one month. This July saw a throughput 18% higher than the same month last year. The employees and partners are the... more