MSC expanding Asia–USA network 
From July on, MSC will not only launch its new ‘Zephyr’ service, but also adjust its ‘Santana’ and ‘Sentosa’ services connecting China and the USA. The ‘Zephyr’, god of wind, will be an Asia–US Gulf Coast and South Atlantic service. It will offer direct weekly connections from... more
More money for shipowners
Oceanis, a Hamburg-based finance platform for shipowners, has closed USD 200 million in financing transactions since it was launched in May 2019. The online platform connects shipowners seeking finance with banks and other financial institutions. It now does business with more... more
DFDS performing in most regions
Despite the geopolitical circumstances, DFDS’ cargo volumes showed an 11% increase in May 2022 compared to the same period in 2021. Higher volumes were recorded in all business units and regions, except the Baltic Sea. In the English Channel, DFDS took advantage of P&O... more
Further recovery in May
The Valencia Port Authority has released its results for May 2022. For the first time in recent months, there was a moderate rise in the number of full export containers (+0.55%) compared to May 2021, while import containers continued their upward trend and increased by 14.75%.... more
GPA continues upward trend
In May 2022, the Georgia Ports Authority (GPA) passed the threshold of almost 520,000 teu handled, breaking the previous record of 504,000 teu set in October 2021. Volumes rose by 8.5% or 40,800 teu compared to the same month in 2021. The Garden City Terminal especially is... more
100 years on European waterways
The inland waterway shipping company, CSPL, an affiliate of Rhenus, is celebrating its centenary this year. The group was founded in the Czech town of Děčín, still its headquarters, 100 years ago. CSPL represents the entire shipping world in Czechia as no other firm can. It... more
Freeports ahoy! 
The UK’s plans to create ‘freeports’, to boost post-Brexit trade and provide regional economic stimuli, is now up and running. The first hubs have opened for business. more
China already recovering?
There is a silver lining on the horizon. Volumes at the Port of Shanghai have increased since mid-May, Chicago-based intelligence provider Four Kites report. At this stage, the 14-day average ocean shipment volume is down only 4% compared to 12 March (the day before... more
Another intra-Asian service
Singapore-headquartered Pacific International Lines (PIL) is introducing a new weekly direct intra-Asian service that will connect ports in China, Korea, Thailand, and Vietnam. TPIL will deploy a group of vessels with an average capacity of 2,000 teu on this route. PIL's... more
Rising in the rankings
The Palau International Ship Registry’s (PISR) has risen in its ranking within the Paris memorandum of understanding (PMOU) Flag State performance list in the first half of 2022. As of 1 July 2022, PISR lies at the top third tier of the Grey List of flag states. This... more