New analytics firm starts funding round 
The name is DBX. The new dry bulk commodity analytics firm is based in London and has now initiated a round of seed funding. The venture first started in the summer of 2020 with all around support from Signal Ocean. The venture's main focus is on bulk cargo. DBX uses... more
Global Ports: less traffic, more revenues
Russia’s main container terminal operator Global Port Investments (Global Ports) has reported its interim consolidated financial results (unaudited) for H1/2022. The group's revenues grew by 18.2% to USD 271.6 million compared to H1/2021, while gross profit increased by 28.8% to... more
Maersk pulls out of Russia
A.P. Moller-Maersk’s (Maersk) terminals business, APM Terminals (APMT) has decided to sell its shares in Global Ports Investments (GPI). Following the announcement of Maersk’s commitment to discontinue activities in Russia earlier this year, APMT has now entered into a... more
Finnsirius tests the water
It is a first-timer for the first Superstar ro-pax vessel, “Finnsirius”, from Finnlines. After the launch on its Chinese wharf, construction on water will now continue. The building of the second Superstar ro-pax vessel is also proceeding and a keel laying ceremony took... more
Disputed alternatives on the Black Sea 
Maritime transport between Bulgaria, Turkey, Georgia and Russia under scrutiny War and naval mines are one thing, trade and transport interests another. Freight transport on the Black Sea needs a degree of reorientation. New maritime connections from Bulgaria to Georgia and... more
The gods hold their breath
In July 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) remained stable at 126.2 points, unchanged (seasonally adjusted) from the month before. According to the... more
A new integrated terminal at the Maasvlakte
Hutchison Ports and Terminal Investment Limited (TIL), the terminal branch of MSC, are working on a joint project to develop a new container terminal at Maasvlakte in Rotterdam. It will be built in the Europahaven, which already houses the Hutchison Ports ECT Delta terminal... more
Strong half year for Koper
In the first six months of 2022, the Slovenian Luka Koper saw an effective throughput of 11.7 million t, an uptick of 13% compared H1/2021. The group was able to increase its turnover by 35% compared to EUR 155.1 million (H1/2021: EUR 114.7 million). Containers continue to... more
Shaka 2 becomes more French
CMA CGM Group will operate two out of nine vessels on the Shaka 2 service, jointly with its partner Maersk. The current rotation will remain the same: Shanghai - Ningbo - Tanjung Pelepas - Port Louis - Durban - Tanjung Pelepas - Hong Kong - Shanghai. Besides "CMA CGM... more
ONE linked to Cargo Wise
The Singapore-based Ocean Network Express' contract rates and global tariffs are now being transferred automatically and digitally. The technology relies on the logistics platform Cargo Wise. The digital connection makes it faster and easier to book a shipment. The rollout... more