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
New TEX service to start next month
Hamburg-based carrier Hapag-Lloyd will launch the new regular service Turkey East Coast Express (TEX) in mid May 2022. The weekly service will call the three Turkish ports of Izmit, Aliaga and Mersin and connect them eastbound with the US East Coast ports of New York,... more
DP World moving up steadily
DP World saw its throughput rising in Q1/2022. The operator handled a total of 19.3 million teu worldwide, with gross container volumes increasing by 1.7% year-on-year on a reported basis and up 1.9% on a like-for-like basis. Notably the terminals in the ports of Qingdao... more