Acquisition in Oslo 
Oslo (Norway)-based shipping research and advisory company Via Mar is to become part of Vessels Value, which has over 200 employees across eight offices worldwide in UK, Singapore, Hong Kong, Shanghai, Seoul and Manila. Via Mar has over 100 years of shipping experience and... more
Ports in India prepare for the worst
The Indian Register of Shipping recently prepared disaster management plans (DMP) for ports operated by the Gujarat Maritime Board (GMB), covering the ports of Alang, Bhavnagar, Jafrabad, Mandvi, Okha, Porbandar and Veraval. These DMPs support ports in responding promptly in... more
VCFI reports stabilised growth
The Valencia Containerised Freight Index (VCFI), which measures the trend and evolution of container transport costs by sea from the port of Valencia (Spain), closed the year with a 4.14% increase in December compared to November. This rise continues the trend of the last... more
An update at Tecon Santos in Brazil
T2S has installed a new terminal operating system (TOS) to control all cargo movements at Tecon Santos, one of Latin America's major container terminals. The South Korean company Cyber Logitec, which provides the Opus Terminal operating system, cooperated with T2S in its... more
A drop in times of overflow?
The Chicago-based maritime intelligence provider Project 44 recently analysed the latest developments in ocean shipping and gave its outlook for 2022. Despite a steady decline in teu capacity occurring during H1/2021, port conditions deteriorated. In December, though, port... more
MSC wears the crown
As expected, the Mediterranean Shipping Company (MSC) overtook Maersk as the largest ocean carrier by operated vessel capacity on a global scale at the beginning of the year. Nevertheless, the Danish shipping company always claimed to focus on its strategy of profitability... more
New trends in ship recycling
P.T. Marcopolo Shipyard, a subsidiary of the Singapore-headquartered Marco Polo Marine, has ventured into green ship recycling, to help shipowners recycle their end-of-life ships in a safe and environmentally sound manner. In addition to being awarded the permit by local... more
Dwell fee in Californian Ports still on hold
The Port of Los Angeles and the Port of Long Beach are still reconsidering their “container dwell fee”. Since the programme was announced on 25 October 2021, the two ports have seen a combined decline of 35% in aging cargo on the docks. As expected, year-end holidays have... more
Contargo extends contract in Valenciennes
In the Hauts-de-France region, Contargo will continue to operate the Ports de l'Escaut container terminal near Valenciennes on the quay of Bruay-sur-l'Escaut/Saint-Saulve, after winning a Europe-wide tender for the project. The contract came into force on 1 January 2022 for a... more
Rotterdam studies shore-based power
The Port of Rotterdam Authority is making shore-based power available for container, liquid bulk and other segments. It has launched studies at the terminals of Hutchison Ports ECT Rotterdam (ECT), APMT2, Vopak, and Cruiseport Rotterdam to this effect. The findings should... more