Maritime carriers in a buying frenzy 
Players earning more in one year than in ten arouses an acquisitory mood. The major shipping lines posted profits of approximately EUR 80 billion in 2021. The Geneva-based carrier MSC, whose figures aren’t included in this total, has shown a particularly strong appetite for... more
Antwerp back on track 
The Port of Antwerp reported a total cargo throughput of 240 million t in 2021, a 3.8% increase compared to the previous year, even above the pre-pandemic figures of 2019. Container traffic moved sidewards, sticking to the level of last year's record of 12.02 million teu... more
SSY takes over Anchor Shipping
The 1880-founded Simpson Spence Young (SSY), a major British shipbroker, has acquired Anchor Shipbroking, based in Piraeus. Anchor Shipbroking specialises in sale & purchase. Expanding this division has long been a key focus of the SSY organisation, which elected Toby... more
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