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
Into five years of digitalisation
MSC just inked a five-year contract with the Norwegian group Kongsberg Digital. The agreement includes delivery of Kongsberg Digitals data infrastructure service Vessel Insight and Kongsberg Digital’s vessel performance application to the entire MCS’s owned fleet, consisting of... more
Another vessel on the Baltic Sea
For just under a year, Hansa Destinations has been connecting Rostock, Germany, and Nynäshamn, Sweden, on a new route. At the end of April, Hansa Destinations chartered in additional cargo capacity with the 2,500 lane-metre “Eliana Marino” to complement the ro-pax ferry “M/S... more
Container price trend in May
The maritime intelligence provider Container x Change reports that, for the first time this year in May, the average container prices globally have soared month on month. The rise was at an average of 5.4% (from USD 2,207 to USD 2,330) for the teu and by 15% (from USD 3,800 to... more