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
Good vibes in San Pedro Bay
The Port of Long Beach is keeping the pace. July’s throughput of almost 786,000 teu is just ahead (+0.13%) of the record achieved in the same month last year. While imports declined by 1.8% to 376,000 teu, exports went down by 0.5% to 109,000 teu. Yet, empty containers moved... more
MOL sets two sorts of sails
MOL will equip a second bulk carrier with a system to harness wind power to propel the vessel. MOL Drybulk will operate the vessel with the “Wind Challenger” hard sail system, which will transport wood pellets for its customer Enviva, a major producer of sustainable wood... more
Chinese ports coming back
In June 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) grew to 126.1 points from 124.9 points (seasonally adjusted) the month before, according to the latest flash... more
More for Mombasa
Singapore-based container carrier Ocean Network Express (ONE) is adding a Mombasa (Kenya) port call to its MIM service, thus providing a direct connection between the Middle East, India and Kenya. The bi-weekly frequency name has been changed to Maputo/Mombasa India Middle... more
Seriously low water levels on the Rhine
According to data from the German Federal Waterways and Shipping Administration, the Rhine River has dropped below a critical depth of water. The depth of the main fairway, which is decisive for shipping, was only 1.59 m on Thursday last week (4 August 2022) - lower than in any... more