Panama Ports Company can continue
Now that the Panama Maritime Authority (AMP) has decided to renew the 25-year lease, PPC (Panama Ports Company), an affiliate of Hutchison's Panama Ports, can continue to develop the ports of Balboa on the Pacific coast and Cristobal on the Atlantic coast of Panama. The... more
European funding for Bilbao's power grid
The European Commission has made its choice: Brussels has now selected 135 European initiatives to be given an EU grant under the Connecting Europe Facility (CEF). One of them is the project for the electrification of the docks of the Port of Bilbao (Bilb OPS). Forty-five... more
LHG: safe operations in the port
Lübeck’s port operator Lübecker Hafen-Gesellschaft (LHG) has achieved a success in its occupational health and safety management. It may continue to bear the "Sicher mit System" (“security with a system”, DIN ISO 45001:2018) seal of quality for the next three years.... more
Cyber threat under control?
The International Association of Classification Societies (IACS) has published two new unified requirements (UR) on cyber resilience, which will be mandatory for all ships whose construction contract is signed on or after 1 January 2024. The new URs, called E26 and E27, were... more
GSC widens Saudi network
The Saudi ports’ plans for 2030 are making progress. Over the last years, the Saudi Ports Authority (Mawani) has been able to attract seven new shipping line services to strengthen their ports' connectivity. GSC is one of them - a direct weekly service connecting China with... more
India shores up its defences
The Indian Register of Shipping (IRS) recently certified the Caisson Gate and Intermediate Gate for the Indian Navy’s aircraft carrier dry dock at Mumbai. The register thus supports the ‘Atmanirbhar Bharat’ (self-reliance) initiative in defence manufacturing. The respective... more
What else but green?
Ocean Network Express opened its new regional headquarters in Singapore with a colourful ceremony. Meant to be an educational, interactive and collaborative space for green initiatives, the new "green" office, where ONE’s global green strategy department and South Asia... more
Do spot rates show the trend?
Currently, about 10% of global vessel capacity remains effectively unavailable to the market due to vessel delays. In addition, there was an expectation that the Shanghai re-opening would lead to a significant boom in demand - which did not occur. Recent spot rates are also... more
Vado Express to start soon
Maersk is launching a new service between Port Said at the Suez Canal and Vado Gateway at the Port of Genoa. The first feeder of this new service (3,000 teu) will depart from Port Said on 8 July and arrive at the Vado Ligure Terminal on 14 July. For cargo arriving from... more
BAL goes for expansion
According to Clarkson, the Hong Kong-registered Chinese containership operator BAL Container Line is currently also opting for newbuilds, like other liners. Two new vessels with a capacity of 14,000 teu each will be built at Jiangnan Shipyard and are expected to be ready for... more