Another MSC service to commence 
Swiss Mediterranean Shipping Company (MSC)’s new Bengal service is about to launch. Offering a direct link between South China and Bangladesh, the weekly service will connect Shenzhen's Yantian and Shekou terminals with Singapore and Tanjung Pelepas and finally call at the port... more
New Caledonia in transition
Gipanc, which manages the island of New Caledonia’s port and airport IT systems, has taken the next step in its cooperation with Marseille-based MGI. New Caledonia’s port community now has implemented the Ci5 port community system developed by MGI with all the available import... more
Chinese first quarter still strong
The Ningbo-Zhoushan port complex has reported a robust throughput in Q1/2022, with a container volume of 3.18 million teu in March, an increase of 4% compared to the same period last year. Over the first quarter, Ningbo-Zhoushan port expects to have handled 9.53 million teu,... more
More UWL in Asia and California
Cleveland-based NVOCC UWL recently opened two new offices: a domestic one in Long Beach, CA, and one in Ho Chi Minh City, Vietnam. UWL President Duncan Wright: “As the industry diversifies trade route options, we are confident our investment in Long Beach and Ho Chi Minh... more
Box margins back to normal?
In its analysis, Container X Change has concluded that the excess of empty boxes in container depots in the USA represents another challenge for global supply chains. According to this data, container prices have been declining by approximately 30% over the past two months n... more
Going deeper into biodiesel fuel
There are four players in the game. MOL, its affiliate MOL Chemical Tankers (MOLCT), the commodity trading company Trafigura and its vessel fuel supply joint-venture company TFG Marine recently inked a memorandum of understanding (MOU) concerning a joint study on the full-scale... more
Dwell times in Europe on the rise
Chicago-based intelligence provider Four Kites has reported that ocean dwell times for exports and transhipments in Europe have increased from mid-February to mid-April. Currently, dwell times are up by 10% and 22% for exports and transhipments, respectively. Especially in... more
ONE following a big plan
In late March, CEO Jeremy Nixon of the Ocean Network Express (ONE) pointed out that the Singapore-based container alliance, formed by the three Japanese carriers in 2017/18, won’t stand back behind other carriers in terms of growth plans. The group has earmarked more than USD... more
No limits for prices for newbuilds
According to Clarksons’ statistics, prices in the shipbuilding sector continue to point upwards. From an absolute low in November 2020 price have now increased by around 25%. This is the highest price rise since 2005, the London-based company said. For higher ship prices, one... more