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
Brexit not affecting Rotterdam
In Q3/2021 the port of Rotterdam saw the container volumes return to pre-Covid levels. Total freight throughput in the Dutch port rose to 118.5 million t, 14.6% more than in the same period last year. Throughput in the first nine months of this year amounted to 350.1 million t,... more
More money for Wakeo
Paris-based Wakeo, a data platform for shipping visibility, recently raised USD 11 million in a series A financing round. The company uses a global network of sources to collect data, which is bundled on a specific platform, for example in order to anticipate disruptions and... more
Barcelona's first nine months in 2021
Until September 2021, the Port of Barcelona maintained double-digit growth in freight traffic. Container throughput was up 30.6% compared to the same period in 2020, amounting to 2.7 million teu. In comparison to pre-pandemic levels, January to September 2021 saw 6% growth in... more
China Navigation changes its brand
The China Navigation Company (CNCo) has been renamed Swire Shipping. It is the Swire Group’s oldest operational brand. “Swire Shipping is widely recognised as the operating name of the business,” commented James Woodrow, managing director of Swire Shipping. Founded on the... more
Bonds for Savannah
The Georgia Ports Authority (GPA) does not intend to finance the build-up of its port facilities via credits from banks. Instead, it has announced plans to issue via public offering approximately USD 425 million in revenue bonds to fund infrastructure projects at the Port of... more
Containers: how long will the boom last?
Copenhagen-headquartered maritime consultancy Sea-Intelligence has put forward its forecast on how long the current boom in container demand in North America may last. Essential is the gap of spending in services and goods. CEO Alan Murphy: "Historically, the rate of... more
More wind power on Baltic Sea
After one year of experience of using rotor sails for the hybrid ferry "Copenhagen" on the Baltic Sea, Scandlines is planning the same equipment for its sister ferry "Berlin". The hybrid ferry "Berlin" also plies the Rostock-Gedser route, but unlike... more
Swire joins zero carbon initiative
With approx. 70.000 ships consuming 300 million t of fuel per annum, global shipping accounts for around 3% of global carbon emissions, a share that is likely to increase as other industries tackle climate emissions in the coming decades. That's why John Swire & Sons,... more
The Swiss "Briese"
Swiss investors are playing their part. Briese Schiffahrt (Schweiz), the Swiss branch of the German company of the same name, recently placed its first newbuild multi-purpose vessel «BBC Ukraine», which is part of a series of ten Briese F-500 multi-purpose vessels commissioned... more