Next LNG carrier in operation
The Knutsen shipping company from Norway recently held the official naming ceremony of the ‘Ravenna Knutsen’, a medium-sized LNG carrier for the transport of liquefied natural gas (LNG) on a small and medium scale. In September the ship carried out its first LNG unloading... more
More vessels purchased
Haifa-based shipping company ZIM Integrated Shipping Services has enlarged its fleet with used units. In October 2021, it purchased seven second-hand vessels in a number of separate transactions. USD 320 million were budgeted for the transaction. The seven vessels, built between... more
Trade prices with China keep falling
Against a backdrop of highly volatile prices and capacities in deep sea container shipping between China and the Western countries, the Hamburg-based container market place Container X Change has published data on the trends for the period after China's Golden Week and the... more
Antwerp back to 2019 levels
The Belgian Port of Antwerp posted a throughput of 179.1 million t from January to September 2021. In comparison to the same period last year, the figures went up by 4.8% - and reached the pre-pandemic levels of 2019. Container flows continue to grow, surging by 2.3% in... more
Swiss-Swedish cooperation for methanol
Proman, a major producer of methanol headquartered in Switzerland, is working with Stena Line, a Swedish shipping company that operates about 140 vessels, on alternative fuels. By switching to this clean-burning fuel, methanol-powered vessels can significantly reduce the... more
ONE for Oakland
It is a comeback. Singapore-headquartered Ocean Network Express (ONE) will relaunch its weekly service to Oakland which it discontinued in 2019. The carrier will revive its PS5 service back to Oakland on 13 November, connecting the US West Coast with ports in Tokyo and... more
More safety for vessels calling at Le Havre
To improve the safety of ships at Le Havre, Haropa Port has installed the shore tension system – a solution enabling vessels to remain securely moored along the quayside. Ships regularly have difficulty in keeping securely alongside quay, a problem known as “surging”, which... more
Global assessment of ferry sector's value
A study commissioned by the trade association Interferry and carried out by the UK-based consultancy Oxford Economics highlights the global ferry industry’s value to the world economy. Research into the latest pre-Covid full-year figures found that, in 2019, ferries carried... more
A niche from Dubai to the Pacific islands
It’s an invention of the 1985-founded non-vessel operating common carrier Cargo Gulf. The NVOCC has introduced a service linking the Persian Gulf and Sri Lanka to the Pacific Islands. The service commenced from Dubai (UAE) on 19 October and from Colombo (Sri Lanka) on 23... more
Alphaliner underlines shift to transpacific lanes
A shortage of tonnage, especially in the Far East–Middle East trade lane, has been identified by Alphaliner. Currently, none of the seven dedicated Central China–Middle East services operated by the big carriers offers the promised weekly sailings, due to a lack of... more