How bad is the situation in Shenzhen? 
In its recent analysis, Chicago-based software developer and intelligence provider Four Kites reports that China’s zero-Covid policy is having a severe impact on the supply chains across the country. At Shenzhen, normally the country’s second busiest port, a trend of sharply... more
Wan Hai's next investment
Demand for maritime cargo capacities remains high, with prices still soaring. The German Danz und Tietjens Schiffahrtsgruppe sold a vessel to the Chinese liner Wan Hai for almost USD 110 million. The German company had bought the 5,500 teu unit “Allegoria”, which was built... more
Maritime cyber security still underestimated
In a recent report, maritime consultant Cyber Owl and law firm HFW found that where cyberattacks in the maritime industry result in the payment of a ransom, shipowners pay more than USD 3 million on average to the perpetrators. The research is based on a survey of more than 200... more
ME4 adds King Abdullah Port calls
Maersk’s ME4 service, which links the Middle East to Europe, has extended its port rotation by adding a call at King Abdullah Port (Saudi Arabia). The Danish carrier has thus brought its maritime service closer to its 100,000 sqm warehouse in the Saudi Arabian Port. Maersk’s... more
Shore power in Rotterdam operational
A partnership of three – Eneco, the Port of Rotterdam Authority and Heerema – has implemented a shore-power project. It allows vessels to switch off their engines in the port and plug into the electricity grid for their energy supply. The connection, built by Heerema, Eneco... more
Improved operations for LNG carrier vessels
The Norwegian fleet operator Knutsen has signed a contract with the Finnish technology group Wärtsilä covering the reliquefaction plants of four LNG Carrier vessels. The agreement has been designed to optimise the vessels day-to-day operational performance. The scope of the... more
Asian shipowners taking the lead
According to the analysis in Clarksons latest weekly report, the tonnage of the global fleet operated by Chinese shipowners has surpassed the tonnage of European fleets for the first time. The Asian part of the global fleet accounts for 43% of the total, with 48,472 vessels and... more
Port of Helsinki misses black figures
In 2021, the Port of Helsinki’s cargo traffic showed a strong recovery from the impact of the corona pandemic. In total, the port even broke its all-time record with a total of 14.4 million t handled, exporting 7.7 million t (9.3%) and importing 6.6 million t (+5.6%) of imports.... more
No more ship classification for Russian vessels?
The classification societies Lloyd's Register (LR), DNV and the American Bureau of Shipping (ABS) have stopped their services in Russia, due to the invasion of Ukraine. ABS said that it took the "the decision to withdraw all class services related to Russian ships, assets... more