Is Indonesia up for a global player?
The new player's annual throughput is estimated at 16.7 million teu per year. In Indonesia, with so many islands, domestic shipping costs are comparably high. Now, the authorities have decided to merge the public port operators PT Pelabuhan Indonesia (Pelindo) I, II, III and IV... more
New equipment for Mombasa Terminal
Kenya Port Authority (KPA) has chosen new equipment for its Mombasa Container Terminal. Three forklift trucks were ordered in Q2/2021, eight reachstackers in Q3/2021. All the machines are scheduled for delivery at the beginning of 2022. KPA manages and operates the Port of... more
A special newbuild for K Line
The Japanese shipping company Kawasaki Kisen Kaisha (K Line) has taken delivery of the 210,000-dwt t capesize bulk carrier "Cape Brolga". The newbuild had been under construction at Tsu shipyard of Japan Marine United and was built with the original energy-saving... more
Global container flows better than expected
The container throughput index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) increased by 3.2 points (seasonally adjusted) to 126.6 points in August, according to the current flash estimate. The value of the... more
Wilhelmshaven finds new investor
The rumours have come to an end: Hamburg carrier Hapag-Lloyd is set to acquire a 30% stake in Container Terminal Wilhelmshaven (CTW) and 50% of the shares of Rail Terminal Wilhelmshaven (RTW) at Jade Weser Port. Terminal operator Eurogate, founded in 1999, continues to hold the... more
Maersk kicks MCI overboard
It is an investment by a Chinese global player: China International Marine Containers (CIMC), headquartered in Shenzen, has agreed with A.P. Moller - Maersk to buy Maersk Container Industry (MCI), a manufacturer of refrigerated containers. In these challenging times for... more
Slight recovery in New Orleans
August brought a mixed bag of results for the port of New Orleans this year, in which Port Nola is celebrating its 125th anniversary. ‘Hurricane Ida’ was just a side problem. The shortage of containers was a permanent issue; the number of blank sailings – fourteen in the course... more
Bigger vessels between Ventspils and Stockholm
Stena Line is expanding in the Baltic Sea by introducing two extended vessels on the Ventspils–Stockholm Norvik Port route in 2021. The first vessel, the ‘Stena Scandica’, increases freight capacities on the route by 30%. Expansion will continue in 2022, with two new vessels... more
First feeder service after 15 years
The shipping line Wallenius SOL is further extending its services. The line was formed in 2019 by Wallenius Lines and Swedish Orient Linien (SOL) and operates scheduled services from five ports in the Baltic Sea’s Gulf of Bothnia to Continental Europe and the UK. In the context... more
Samskip Sea Connect is born
It's an acquisition with a Baltic perspective: the Dutch group Samskip is buying Sea Connect, a Klaipeda (Lithuania)-based shipping company that offers shortsea services connecting Russia, Lithuania, Denmark, Germany and the Netherlands. The operator runs three 1A Ice Class... more