It is not only the carriers 
Singapore-based PSA Group from Singapore set a new global record in 2021. Its container volumes handled globally amounted to 91.5 million teu, a surge of 5.6% compared to 2020. The flagship port complex PSA Singapore contributed the lion's share with 37.2 million teu... more
Hundred millions and ten thousands
Tanger Med handled 7,173,870 teu in 2021, a 24% rise in container throughput compared to 2020. Almost 11,000 vessels called in 2021, up by 12% from the year before, with the Tanger Med port complex handling more than 101 million tons of goods (+25%), a new record. This... more
On trends of cargo theft in US ports
The conditions at congested US ports are partially to blame for a shift in cargo theft in Q3/2021 compared to the same period a year before, a study jointly conducted by TT Club, London and BSI, New Jersey, concludes. Storage facilities, targeted in 45% of reported cases,... more
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