Higher freight rates and a focus on profitability 
HMM has announced strong financial results for H1/2024, with revenue increasing by 18.6% and net profit rising by 88% compared to the same period in 2023. The company attributes this growth to higher freight rates and a focus on profitability-oriented operations. HMM plans... more
Import hikes and record cargo levels
The port of Los Angeles experienced a record-breaking July 2024, handling 939,600 teu, marking a 37% increase compared to July 2023 and making it the busiest month in over two years. This surge was driven by an early wave of holiday imports, including toys, electronics, and... more
Only one out of 1,131,222 containers 
Ever fewer boxes lost at sea. A subjective impression may be wrong. Even though it felt as if the maritime shipping industry was dominated by unpredictable climatic conditions, piracy and terrorism, container shipping was never as safe as it was last year. According to the World... more
Partners for major biomethane deliveries
United European Car Carriers (UECC) and Titan Clean Fuels are collaborating on significant liquefied biomethane (LBM) bunkering operations in the port of Zeebrugge, marking the start of UECC's 'green gas month'. Titan will supply ISCC-EU certified LBM to all of UECC's LNG... more
Offshore floating solar installed off Dutch coast
Solarduck and RWE have successfully installed Merganser, a 0.5 MWp offshore floating solar pilot, at the North Sea Farmers offshore test site in the Dutch North Sea. This project, supported by RWE, aims to test and demonstrate the structural, mooring, and electrical designs... more
Low water surcharge in Manaus
Maersk has announced a low water surcharge (LWC) due to anticipated severe drought in the Amazon region. Effective from 1 August 2024 (non-FMC) and 15 August 2024 (FMC), all shipments to or from Manaus will incur a surcharge of USD 5,900 per dry container. With the... more
New Orleans port signs ten-year lease
The port of New Orleans (Port Nola) has announced a new ten-year lease with The Kearney Companies, a subsidiary of Precision Terminal Logistics (PTL). This agreement, which includes facilities on France Road and 3900 Jourdan Road, extends a 20-year relationship and aims to... more
Approval for sea cargo terminal near Chicago
Ports of Indiana has received US Customs and Border Protection (CBP) approval to establish the first international sea cargo container terminal on Lake Michigan at Burns Harbor, creating the only all-water container route for ocean vessels to serve the Chicago metropolitan area... more
Multipurpose wharf to replace obsolete pier
Port Canaveral is making progress on a USD 39 million renovation project for North Cargo Berth 4 (NCB4), aiming to complete it by this autumn. The project involves replacing an outdated pier with a 300 m long multi-purpose wharf, next to the newly rebuilt North Cargo Berth 3... more
New ZIM service: no queues for import pickup
ZIM Integrated Shipping Services has announced the launch of its new service, ZIM Central China Xpress (ZX2), connecting Central China to the US West Coast, starting on 3 July. ZX2 will offer a 13-day transit time from Ningbo to Los Angeles. Features include dedicated berths... more