Balanced results for Auckland ports
The Ports of Auckland reported rising throughput during the first half of its financial year, July till December 2021. While container volumes rose moderately (+1.4%) to 364,000 teu compared to the same period a year ago (359,000 teu), breakbulk volumes including cars for the... more
Port of Nansha also benefits
As part of the Guangzhou Port Group (GPG) of mainland China, the Port of Nansha benefited from favourable market conditions in 2021. Located northwest of Hong Kong on the western bank of the Pearl River, the port saw a throughput of 17.6 million teu. In total, GPG handled... more
United Heavylift sails the seven seas again
A new cooperation has been launched between United Heavy Lift (UHL) and Ocean 7 Projects (Ocean7), the latter becoming a partner of UHL Americas located in Houston, Texas. The recently opened office, which has been in operation since November 2020, is rebranded United O7... more
MOL's takeover of Utoc completed
The Japanese shipping group has completed the takeover of the Utoc Corporation. On 30 November 2021, MOL offered to acquire Utoc’s ordinary shares with the objective of making the company a wholly owned subsidiary. The tender offer was completed on 18 January 2022 and MOL... more
Sixth unit of GG5G operational
The sixth of the dozen of the Grimaldi Green 5th Generation (GG5G) class vessels has now been delivered, with the “Eco Malta” joining the fleet. She will be deployed in the ro-ro service between Northern Italy (Livorno, Savona) and Southern Spain (Barcelona, Valencia), where her... more
New York welcomes new pilot boat
The New York Harbour and the Sandy Hook Pilots Association recently welcomed its new pilot station boat "New York". The unit, a converted oil spill response vessel (OSRV), which, with a length of 64 m, is the largest in the Sandy Hook Pilots fleet. Its predecessor... more
Barge bridge in Singapore growing
The PSA Jurong Island Terminal passed the mark of more than 100,000 teu in 2021, which represents its highest throughput since 2012, and a 45% increase since 2020. In cooperation, PSA and JTC, formerly the Jurong Town Corporation, have jointly set up the project to transfer... more
Marshall Islands Registry branches out
The International Registries and its affiliates (IRI) have opened new offices in Vancouver, British Columbia (Canada) and Qingdao (China). It is IRI’s first office in Canada and its 11th office in Asia. The opening of the Vancouver office expands on the historical and... more
Depending on seafarers from Russia and Ukraine
The International Chamber of Shipping (ICS) has drawn attention to the high number of seafarers of Russian and Ukrainian origin currently employed in the shipping industry. Representing 80% of the worlds merchant fleet, the organisation has warned of further supply chain... more
Robust start of world trade in 2022
The container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) continued its growth in January 2022, rising from 120.5 points (seasonally adjusted) to 122.0 points, according to the... more