MSC going for more mid-haul units 
The Mediterranean Shipping Company (MSC), the carrier with the highest maritime container capacity worldwide as of January 2022, is banking on more newbuilds. According to press reports, fourteen new 7,000 teu units have been ordered on Chinese wharfs, an investment of... more
Did piracy take a break?
There is a moderate reduction in piracy activities worldwide, as the International Maritime Bureau (IMB) reports in its latest study. The IMB is a department of the Paris-based International Chamber of Commerce. The reported incidents declined by 2.6% from 38 to 37 in... more
Sustainability à la Hapag-LLoyd
The Hamburg-based carrier Hapag-Lloyd has published its sustainability report for 2021. The group's strategic goals for the next ten years in this field are based on the pillars “clean shipping and future-proof propulsion”, “diversity and society”, and “compliance and... more
New leadership for Global Maritime Forum
The Global Maritime Forum elected Jan Dieleman as its new chairman at its annual general meeting which was this month (April 2022). Dieleman succeeds Peter Stokes, who is stepping down after five years at the helm, having been chairman of the forum since its establishment in... more
ZCT becomes a weekly service
Haifa-based shipping company ZIM is upgrading its ZIM Container Service Turkey (ZCT) to a weekly service, effective mid-May 2022. The transatlantic ZCT thus provides an enhanced connection between Turkey and the US East Coast. The port rotation, starting as of May 2022, will... more
Scandlines sails out of the storm
Compared to 2020, ferry operator Scandlines increased sales by 20% to EUR 328 million last year, retaining its ebitda margin at 41%. In 2021, the company’s two ferry routes on the Baltic Sea generated revenues of EUR 260 million (2020: EUR 216 million). While traffic figures... more
Duisport's look across the borders
The Duisport Group is looking back on an exceptionally good financial year 2021. At the company’s annual press conference, CEO Martin Bangen attributed this success in part to the company’s broad-based business model. Sales increased by 18.9% to EUR 346.8 million (2020: EUR... more
Rotterdam also feeling the impact
It has been a difficult start of the year for Rotterdam, too. 113.6 million t of freight passed through the port in Q1/2022, 1.5% less than the 115.2 million t in Q1/2021. While the throughput of mineral oil products and iron ore declined, the handling of LNG and other liquid... more
More LNG for Yang Ming
Taiwan-based shipping company Yang Ming will equipped five new 15,000 teu container vessels with dual-fuel LNG power. In a press release, Yang Ming described LNG as a "mature low-carbon alternative" to regular fuel, reducing each unit's gas emissions' footprint by 20%.... more