Felixstowe getting worse
Peter Williams, trade flow analyst at Vessels Value, recently gave his assessment of the current difficulties in the UK’s supply chains: Due to the continuing disagreement between the Port Operator Hutchinson Ports and their dockers in Felixstowe, congestion at the port have... more
Quicker turnarounds in Subic Bay
Subic Bay International Terminals (Sbitc) is deploying four additional rubber tired gantries (RTG) to enhance its landside operations to support growth prospects in North and Central Luzon in the Philippines. The terminal has an annual capacity of 600,000 teu. Scheduled for... more
New Orca generation on the attack
Heavy lift and project cargo carriers the German SAL Heavy Lift and Dutch Jumbo Shipping have inked agreements for four newbuilds and two optional new generation heavy lift vessels. The vessels will be built at the Wuhu Shipyard in China. SAL Hea vy Lift and its partner Jumbo... more
Another milestone for ammonia in shipping
The international classification society Korean Register (KR), located in Busan, gave its approval in Principle (AIP) for the design of a new ammonia-fuel ready vessel on 5 September 2022. The very large gas carrier (VLGC) will be capable of using ammonia as a fuel as well as... more
Drewry on the flow of new containers
In its latest report, "Container Census & Leasing Annual Review & Forecast 2022/23", London-based maritime research consultancy Drewry estimates that congestion across global supply chains means that containers were 15 to 20% less productive than in pre-Covid... more
First megaship docks in Algeciras
It was a first-timer in type and size. The 20,000-teu “ULCV Taurus” from Cosco Shipping recently called at the Total Terminal International Algeciras for the first time, the largest company containership to dock at the Spanish terminal so far. The ship is deployed on the AEU3... more
A carrier for carbon
Japan's New Energy and Industrial Technology Development Organisation (Nedo) has completed the conceptual design of a new vessel. A project entrusted by Nedo to Japan CCS also involved MOL which launched research and development (R&D) on the adoption of a large-scale... more
Deal undone
Container production – MCI not to CIMC. The emergence of a container manufacturing oligopoly still seemed unstoppable in October. The fact that these expectations weren’t fulfilled is related to global policies. more
CMA CGM takes energy precautions
The CMA CGM Group has announced that it is creating a special fund for energies, backed by a five-year, USD 1.5 billion budget, to accelerate its energy transition and achieve net-zero carbon by 2050. The fund is structured around four lines of focus: firstly, developing and... more
Yang Ming keeps fleet size up
Keelung-headquartered carrier Yang Ming decided to extend its charter on five Seaspan neo-panamax containerships. They belong to the Hong Kong-based company Seaspan. The Taiwanese shipping group has announced an option on Seaspan's five 14,000 teu units. Currently, Yang Ming... more