Full steam ahead 
According to maritime intelligence provider Sea-Intelligence, the carriers continued to generate a "very strong operating profit" in Q1/2022. CEO Alan Murphy summarised: "The combined operating profit of the global carriers (those that provide financial... more
Latin link to Montevideo
Tec Plata in Argentina and Vessel, one of Uruguay’s major feeder operators, have agreed to create a new weekly service between the La Plata Port and the Port of Montevideo in Uruguay. Under the agreement, the service will link Tec Plata, an affiliate of International... more
Next hybrid PCTC sets sails
The Norwegian car carrier UECC has just taken delivery of its second multi-fuel LNG battery hybrid PCTC. Built on China’s Jiangnan Shipyard, this PCTC, to be named “Auto Achieve”, will further contribute to reducing emissions in the European shortsea trade. The company aims... more
China gets closer to Latin America
Hong Kong-headquartered carrier OOCL, an affiliate of Cosco Shipping since 2018, is introducing the Transpacific Latin Pacific 6 (TLP6) service as a link between China and West Coast South America. In addition to OOCL’s existing TLP1, TLP2, TLP3 services, TLP6 will provide... more
Marguisa Atlantic is born
Danish shipping company United Marguisa Lines (UML) and Dutch charterer Sa Di Chartering have founded a new entity in the multipurpose sector, particularly for players involved in the trade of bulk, general and project cargo. Marguisa Atlantic will operate joint services within... more
Artificial intelligence for Bremenports
The Oslebshauser Lock has been securing sea cargo handling in Bremen’s industrial port on the right bank of the Weser River for more than 110 years. Now it is being digitalised. The Ihatec (innovative port technologies) funding programme financed by the German federal government... more
Saudi ports also still climbing
The ports of the Kingdom of Saudi Arabia passed a threshold in May 2022. The Saudi Ports Authority (Mawani) reported that its total container throughput amounted to 600,107 teu, which is a 1.4% increase compared to numbers recorded in May 2021. In- and outbound was even.... more
Cambodia gets connected to USA
The US-American NVOCC UWL service links Cambodia, Vietnam and USA. In partnership with Swire Shipping, the company has now added a dedicated barge service from Phnom Pehn, Cambodia, to its express ocean transportation service between Ho Chi Minh, Vietnam and Seattle. This... more
A partnership to expand footprint in India
It is an Asian-European condominium. India’s Aurus Ship Management and the European company Columbia Ship Management are partnering to form ‘Columbia Aurus Ship Management’ India. Aurus Ship Management commenced operations in 2016 and currently runs five regional offices in... more
Alternatives also reach a high price
The prices for all kinds of fuel are going through the roof. According to data from the specialised platform shipandbunker.com, the average price of fuel with very low sulphur content (very low sulphur fuel oil/VLSFO), reached USD 1,019.5/t on 8 June 2022. This figure is... more