CMA CGM buys FMS in Los Angeles 
It is a new chapter in CMA CGM's Transpacific trades. The French Group is acquiring the Fenix Marine Services (FMS) container terminal at the port of Los Angeles. The transaction is valued at about USD 2 billion. CMA CGM already holds a 10% stake in FMS and is to buy the... more
Hydrogen production site planned in Gothenburg
The Port of Gothenburg and the Norwegian energy company Statkraft have formed a coalition to construct a hydrogen production facility at the port, with operations due to commence in 2023. Initially, the facility will have a capacity of four MW, producing up to two tonnes of... more
Flowfox links up with DCSA
The Digital Container Shipping Association (DCSA) was founded in 2019 as a joint effort of carriers to support the development of global, digital standards in shipping. Now, Flowfox is starting to work with DCSA on the import container release. The Hamburg-based logistics... more
Cosco's new link to West Africa
Cosco Line has launched a new service from the port of Bilbao to West Africa, with Vasco Shipping Services as its agent for Spain. This unit, belonging to Vasco, was created in 2000 as an exclusive representative for the Chinese shipping company, with whom the group had been... more
Ci5 operational in New Caledonia
The autonomous port of New Caledonia has now effectively launched its smart port system. On 2 November 2021, the first ship called the port of Noumea, the archipelago's capital, using the new community logistics system Ci5, which is edited by MGI and operated by Gipanc on the... more
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