Maersk's affiliate turns 150 
Precisely on this day 150 years ago, the Hamburg-Südamerikanische Dampfschifffahrts-Gesellschaft – better known as Hamburg Süd – was founded in Hamburg by German and English business men, as the successor of the 1869-founded Hamburg-Brasilianischen Dampfschiffahrts-Gesellschaft.... more
More South Baltic Transport Loops
In Copenhagen, the players of the transnational project "South Baltic Transport Loops" (SBTL), supported by the European Union and initially developed by Hamburg Port Consulting (HPC), decided on a number of new sea connections. The main partners in the project are... more
Another Korea Russia Express service
Singapore-based Ocean Network Express (ONE) is launching Korea Russia Express 2 (KRX2) to further complement the current Korea Russia Express (KRX) service and thus enhance the liner's existing network within the same sector. By having an additional weekly service calling... more
Coalition for wind propulsion at sea
Japanese Mitsui O.S.K. Lines have entered into an agreement with Vale International to conduct a joint study on the installation of a wind propulsion system called “rotor sail” on a 200,000 t class in-service bulk carrier, which mainly transports iron ore for steel production.... more
Global container throughput high but volatile
The container throughput index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) increased from 123.7 points (seasonally adjusted) to 124.8 points in September, according to the current flash estimate. The value... more
Panama Canal untouched by Covid-19 in 2021
Even anti-pandemic measures cannot stop the flow of trade through the locks of the Panama Canal. As the canal's authority reported, the fiscal year 2021 (FY/2021) from October 2020 to September 2021 posted an annual tonnage throughput of almost 517 million Panama Canal tonnes... more
MOL strong in H1/2021
In the first six months of its fiscal year 2021 (April to September 2021), MOL reported a surge in revenues by 18.7%, from JPY 485 billion (USD 4.24 billion) to JPY 597 billion (USD 5.22 billion). From a loss in the same period last year (JPY 4.2 billion/ USD 370 million),... more
ONE's first KCS service is on
Besides presenting its recent initiative – "operational excellence, customer service orientation, green strategy and the quality of employees" – during these turbulent times for the shipping industry, Ocean Network Express (ONE) is launching a new service. Its new... more
JV founded in Shanghai
The classification corporation DNV and the shipping branch of the Atlas Corp, the containership owner and operator Seaspan, have set up a joint collaboration space (JCS) in Shanghai. Atlas president and CEO Bing Chen explained the entity's goals. “The JCS will serve as an... more
A global halt to further delays in shipping
Copenhagen-based maritime intelligence provider Sea-Intelligence has reported on global liner reliability, covering more than 60 carriers on 34 different trade lanes. According to the analysis, schedule reliability moved sidewards in September 2021, by 0.6 percentage points... more