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
LNG gains ground in Bilbao
Liquefied natural gas is playing a greater role in the port of Bilbao, now that the energy company Repsol has begun building a dedicated LNG terminal. A first client will be French shipping company Brittany Ferries with its newbuilds "Salamanca" and... more
ONE's call to action
Singapore-based Japanese container shipping company Ocean Network Express (ONE) is joining the “getting to zero coalition”, an alliance of more than 150 companies within the maritime, energy, infrastructure and finance sectors that aims to decarbonise shipping. “ONE is... more