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
Safeen spreads its wings
Safeen Feeders, Abu Dhabi Ports' (AD Ports) affiliate, and CMA CGM have jointly launched the Singapore Chennai Colombo (SCC) service which started in early September in Singapore. While Safeen will deploy the 2,000 teu unit “Safeen Pioneer” on this route, CMA CGM's 1,700 teu... more
Future Port starts operations
Tuas Port‘s first three berths are now operational. PSA inaugurated the new facilities after the completion of the first development phase, a milestone in Singapore’s maritime strategy. The port is located on Singapore's western seaboard. Planned as the nucleus of... more
Preferring sea freight to road traffic
It is now one year ago that Hansa Destinations launched its new shipping service between Nynäshamn and Rostock. The Visby-based shipping company Gotlandsbolaget’s investment in shipping between the continent and the Stockholm region is intended to reduce pressure on Sweden's... more