Last year paid off for Costamare 
Costamare, a Greek owner and provider of containerships for charter, posted a net profit for 2021 of USD 404.1 million, a leap compared to the result of the previous year (USD 21.6 million). The revenues totalled USD 3.4 billion. With a fleet of 123 vessels, including 46 dry... more
A long-lasting change? 
Asian share of the world fleet the largest for the first time. more
Opportunities on the waters
Forwarder Marinair expanding in sea freight. In conversation with CEO Pavlos Poutos. more
Plan B for "Ever Forward"
Since the “Ever Forward” ran aground after the ship left Baltimore on 13 March 2022, the Evergreen Line is continuing its efforts to refloat the stranded ship. In light of the increasing costs arising from these efforts, Evergreen declared general average on 31 March 2022. ... more
More container flows in the North
Container flows in Sweden were on the rise in 2021. The Port of Gothenburg handled 828,000 containers and grew further in relation to other ports in Sweden. ”Our almost perfect balance between import and export has been a great advantage while container shortages have been... more
Another register registers in London
The Palau International Ship Registry (PISR) has opened a new office in the major shipping hub London. The office is headed by Georgios Bazos, business development director (UK) who moves to London after leaving The Marshall Islands Registry. Bazos commented the step:... more
Canadian container terminal changes hands
PSA International has acquired the terminal Ceres Halifax in the Port of Halifax from NYK. From now on, PSA Halifax will operate two container terminals in Halifax, Atlantic Hub and Fairview Cove, jointly branded under PSA Halifax. The Atlantic Hub terminal is located at the... more
Keel laying at Finnlines
There are two Finnlines newbuilts around the corner. While the shipping company is building two ro-pax vessels of the "Superstar class", the keel laying of the first one, “Finnsirius”, was celebrated on 1 April 2022. The units, “Finnsirius” and its sister vessel... more
Repercussions of the Shanghai lockdown
The impact of shutdowns on a global scale can be seen in Europe's largest economy, among others. The People's Republic of China is currently reacting to rising Corona infection figures by imposing lockdowns. The metropolis of Shanghai is one of the regions affected. The port... more
Logistics guidance for sustainability ahead
The Smart Freight Center, the World Business Council for Sustainable Development and 25 more global companies, including Maersk, which joined only a short while ago, are part of a consortium seeking to co-develop actionable and implementable guidance to quantify the impact of... more