Latest OOCL vessel named 
Orient Overseas Container Line (OOCL) has named its latest eco-friendly vessel, "OOCL Denmark," the eleventh in their series of 24,188 teu ships built by Dalian Cosco KHI Ship Engineering. The naming ceremony, held on 25 June, featured Rulin Fuong Tung as the... more
ISS builds a bridgehead in Trinidad
Inchcape Shipping Services (ISS) has expanded its operations to Trinidad and Tobago with a new office in Chaguaramas and a bonded warehouse in Point Lisas. This move supports the offshore market and enhances the company’s service capabilities. The Chaguaramas facility is in... more
Container shipping outlook for 2024
According to Bimco’s latest analysis, the container shipping market is expected to experience significant changes in 2024, driven by vessels having to reroute via the Cape of Good Hope due to Red Sea attacks, which will increase sailing distances and demand for vessels. Ship... more
Data analysis to improve decision-making
At Posidonia 2024, the Norwegian maritime technology firm Shipnet introduced Helix, a product that is designed to improve decision-making in the shipping industry through advanced data analysis. Helix provides a digital overview of a shipping business and combines data from... more
New service to ease pressure on supply chains
CMA CGM has introduced the French Peak Service, a seasonal shipping line designed to meet the increased demand between Asia and Europe. From 30 June to early September, seven additional 7,000 teu vessels will operate bi-weekly from China to Northern Europe and the Mediterranean,... more
Partners for a new bunker solution
Zero North and Hapag-Lloyd have announced a strategic partnership to develop a digital bunker procurement and planning solution. The aim is to create a tool that will help Hapag-Lloyd navigate the energy transition, reduce fuel costs, and enhance efficiency. The new solution... more
PSA launches first hydrogen refuelling station
PSA Singapore, Nanyang Technological University (NTU), and Chiyoda Corporation have launched Singapore's first hydrogen refuelling facility at Pasir Panjang Terminal, marking a significant milestone in sustainable energy efforts. Operational since 25 June, the facility... more
Hybrid-electric RTGs arrive at Bayport terminal
Port Houston has announced the arrival of six new hybrid-electric rubber-tired gantry (RTG) cranes at the Bayport Container Terminal, part of a broader initiative to enhance sustainability and efficiency. Since December 2023, the port has acquired 26 new RTGs, with this... more
MOL to acquire majority stake in Gearbulk
On 25 June Mitsui O.S.K. Lines (MOL) announced its decision to reorganise its equity-method affiliate, Gearbulk Holding, by acquiring a 72% stake and making it a consolidated subsidiary by January 2025. Gearbulk, headquartered in Switzerland, focuses on the open-hatch vessel... more
A major investment in climate neutrality
During a visit to Kiel port, Schleswig-Holstein’s economics and transport minister Claus Ruhe Madsen and Port of Kiel CEO Dirk Claus discussed the port's development, including upcoming expansion and digitalisation projects. The port oerator plans to invest nearly EUR 70 million... more