Cargotec - Konecranes merger revisited 
The European Commission, which recently started a phase II review of the merger between Cargotec and Konecranes, decided to open an in-depth investigation to assess the project under the EU merger regulation. The message is clear: "The Commission is concerned that the... more
Duet for ten LNG vessels
A new agreement has been concluded between Haifa-based ZIM Integrated Shipping Services and Seaspan Corporation, an owner and operator of containerships and a subsidiary of Atlas Corp. Not long after the latter extended the lease terms for Cosco Shipping Lines of 17... more
"Ever Given" now free to go
As the Suez Canal Authority (SCA) confirmed recently, it has agreed on a settlement for the compensation it is demanding from the owners of the mega container vessel "Ever Given". Details of the transaction with Shoei Kisen Kaisha, the Japanese owner of the ULCV,... more
Schedule reliability: no surprises
According to the latest figures published by Copenhagen-based maritime consultancy Sea-Intelligence, big liners’ schedule reliability declined by -0.2 percentage points to 38.8% in May 2021. Compared to the same period last year, schedule reliability was down a drastic -36.0... more
40,000 hours is plenty
In the Port of Hamburg, Rhenus Midgard is replacing a 20-year-old Liebherr LHM 320 with a LHM 420, which was recently delivered by Rhenus Project Logistics. The new unit, which has a maximum lifting capacity of up to 124 t and a 48 m boom for best reach, will mainly handle... more
Laurels for RMI
The ship registry of the Republic of the Marshall Islands (RMI) has achieved a ranking in the top three on the white list of the Paris Memorandum of Understanding (MoU), as reflected in the Paris MoU’s Annual Port State Control Report, released on 1 July 2021. Currently, it is... more
Port of Barcelona welcomes new president
Damià Calvet is taking office today, 5 July 2021, as president of the port of Barcelona, replacing Mercè Conesa, who has presided the Mediterranean port for the past three years, since July 2018. Calvet was appointed at the last meeting of the executive council of the government... more
Ystad's new monitoring system
As Sweden’s fifth-largest in terms of cargo vehicles, the port of Ystad handles about 300,000 lorries and trailers annually. Now, Hogia is delivering a terminal system that will digitalise the port’s administrative and operational processes. “Our business is growing, with... more
Wind propulsion for transatlantic PCTC
Alfa Laval and Wallenius are forming a new 50/50 joint venture to reduce the marine industry’s carbon footprint and overall emissions. The new unit, Alfa Wall Oceanbird, will focus on the development and realisation of technology for fully wind-powered vessel propulsion.... more
MSC continues collecting
According to Clarksons, the Mediterranean Shipping Company (MSC) expects the shipping boom to continue and has therefore acquired another five container vessels from different carriers, after having added around 60 second-hand units to its fleet in the course of the last twelve... more