CMA CGM: another big investment
CMA CGM has contracted the South Korean Hyundai Mipo Dockyard (HMD to build a series of ten 2,000 teu ice-class vessels. The vessels will run on dual-fuel engines and can therefore rely on liquefied natural gas. The order was said to be worth a specific USD 627 million.... more
First hybrid LNG battery PCTC enters service
A dual-fuel LNG battery hybrid PCTC, a technological innovation, has entered service for UECC. The maritime car carrier company took delivery of the vessel, to be named “Auto Advance”, being the first in a series of three newbuild pure car and truck carriers (PCTC) and measuring... more
Port of Brussels to more than double capacity
The Port of Brussels' board of directors have decided to extend the container terminal in the outer port. The current area of 16,700 sqm will be increased by 42,000 sqm, amounting to a total area of nearly 60,000 sqm. This decision comes as the current terminal has reached... more
North Vietnamese terminal hits the mark
In Vietnam, Tan Vu terminals at the Hai Phong Port in Dinh Vu Industrial Park handled its one millionth teu in mid-November. While the ports in southern Vietnam tend to be the busiest, this is the first time a port in northern Vietnam has handled one million teu in a year,... more
Wartsilä: new ship technology for fuel conversion
Technology group Wärtsilä is launching its two-stroke marine engines to future fuels with zero or low carbon emissions on the market in Q1/2022. MSC's fleet management division was a partner in this project. According to Wärtsilä, the new technology is "an important... more
PIL: earlier USD 1 billion payback
Record freight rates continue to impact the high sea shipping industry. In Singapore, Pacific International Lines (PIL) has announced that PIL will be making an early repayment to creditors who were subject to the scheme of arrangement (scheme) which PIL entered into as part of... more
Growth in seafreight to last until 2027
In a recent study, Dublin-based analyst Research and Markets reported that the global market for seafreight forwarding, estimated at 64 million teu in the year 2020, is projected to reach a revised size of 72 million teu by 2027. Packaging, one of the segments analysed in the... more
OOCL reinforces transpacific network
Carrier OOCL is launching the Pacific China South Express (PCSX) service in the transpacific network to satisfy customers’ needs for fast and reliable shipping. The PCSX is a brand new route designed to offer express linkage from South China to Long Beach (LBCT). PCSX port... more
Shenzen aims at new mark
The Chinese Port of Shenzhen achieved a throughput of 23.8 million teu from January to October 2021, 10.7% more than in the same period in 2020. While foreign trade was up 11.3% to almost 22 million teu, empty containers grew significantly by 18% to 7.35 million teu.... more
DCSA setting new standards
The Digital Container Shipping Association (DCSA) recently published its communication systems and application programming (API) standards for the 50 event records in ports defined in its data list. These refer to the six main aspects of a call, namely planning arrival at a... more