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
AAL manages salvage operation
On the north-west coast of Tasmania, AAL Shipping (AAL) has undertaken a salvage operation to remove two tugs from the Mersey River in Devonport that had been sunk by a cement carrier in January this year. New South Wales-based United Salvage engaged AAL to supply a vessel... more
Stakes are high on the Rhine
Low water levels of the Rhine and many other rivers currently present a risk for inland waterway freight transport and make it even more difficult to maintain Europe's supply chains. As Germany’s Federal Statistical Office (Destatis) has now reported, a total of 82.4 million... more
The deal is undone
On 27 September 2021, Maersk said goodbye to its subsidiary Maersk Container Industry (MCI), which had been in business since 1991, and to the latter’s Qingdao facilities. Maersk signed and sealed the takeover agreements the China International Marine Containers Group (CIMC),... more
Enhancing Maldives Ports
In the Indian Ocean, state-run Maldives Ports Limited (MPL) has decided to enhance its terminal handling equipment. It plans to add three Kalmar T2i terminal tractors to its fleet at the beginning of 2023. MPL was incorporated in 2008 to run the government-owned ports and... more
MOL takes the gloves off
MOL will build four capesize bulkers and two very large crude carrier (VLCC) tankers which will use liquefied natural gas (LNG) as their main fuel. The Japanese company has signed a deal for the construction of four 210,000 dwt-class capesize bulkers with CSSC Qingdao Beihai... more
UK’s Hico charms Bengal Tiger and CFS
The trust fund Hico, owned by the British Hartnoll family, has acquired all the assets of Bengal Tiger Line (BTL) from CMIA Capital Partners, formed in 2017. With initial roots in Hamburg (1986), registration was subsequently transferred to Cyprus before BTL moved to Singapore... more
Eimskip holds a steady Atlantic course
Eimskip has reported its results for Q2/2022. Volumes were strong in imports to Iceland and in Trans-Atlantic services. The domestic Iceland segment performed well driven by overall high activity in the Icelandic economy, although fish transportation was down compared to the... more
Montevideo's green plans for Europe
The ports of Montevideo and Hamburg have been in close contact since 2005, when they signed the first memorandum of understanding (MoU), which was renewed in 2013. Then as now, the focus was on the international exchange of knowledge and experience. The third MoU was signed... more