A new giant raising its head 
In its recent analysis, Unctad provides new insights into the Regional Comprehensive Economic Partnership (RCEP). The Asia-Pacific free-trade agreement set to enter into force on 1 January 2022 will create the world’s largest trading bloc by economic size, according to an Unctad... more
Port Klang going strong again
Port Klang, Malaysia's major sea port, handled almost 12.7 million teu from January to November 2021. Throughput is forecast to surpass the result of 2020, which amounted to 13.3 million teu. The port authority expects that by the end of December volumes handled will reach... more
Chipolbrok's newbuilds come into play
Liner Chipolbrok will soon put a number of newbuilds into service. The first newcomer is M/V “Tai Xing” on her maiden voyage from Penglai in the Chinese province of Shandong to Puerto Bolivar in Ecuador. The vessel is the first of four newbuild XL mpp vessels in this serial... more
Record mark at POLB within sight
The US-West Coast Port of Long Beach will have handled more than 9 million teu by the turn of 2021. So far, the port had handled 8,600,000 teu by the end of November 2021, up 18.3% from the same period in 2020 and already surpassing the current annual record of 8.1 million teu... more
European money for Port of Genoa
The European Investment Bank (EIB) has decided to grant a EUR 300 million framework loan to Autorità di Sistema Portuale del Mar Ligure Occidentale (Port Authority of the Western Ligurian Sea) to contribute to financing the ongoing renewal of the Ligurian port area. The EIB... more
Caen: Port bridge back in service
After 15 days of closure for works, the Bénouville Bridge in the Port of Caen - part of Ports of Normandie - was reopened to the traffic again, despite the difficult weather conditions of the past week and the nature of the manual work carried out. Two of the six hydraulic... more
USD 3 billion for a future in logistics
The Marseille-headquartered CMA CGM Group is opting for the American lifestyle and buying a majority share in California-based Ingram Micro’s commerce and lifecycle services activities (CLS), including the company’s technology forward logistics businesses in North America,... more
MOL integrates part of its maritime business
Japanese liner MOL recently passed a resolution to establish the new company MOL Drybulk - as the merger of its small- and medium- sized bulk carrier business, wood chip carrier business and Panamax business (excluding services for steel manufacturers and domestic electric power... more