Ports worldwide stronger than estimated 
In February, the container throughput index of the RWI – Leibniz reported a small, seasonally adjusted rise from (revised) 122.2 to 123.0. The North Range Index, which is an indicator for economic development in northern Europe and Germany, has decreased slightly, from... more
More mega ships for Evergreen
Taiwan-headquartered shipping company Evergreen Marine plans to build 20 new container vessels with a capacity of 15,000 teu each. According to press reports, the carrier will invest between USD 115 and USD 130 million per vessel. For 20 newbuilds, the total investment... more
Arctic design for the Nordic route
Although a number of big carriers have turned down the idea of sailing the Northern Route from Asia via the Arctic to Europe, this option is still on the table. Nevertheless, very few container carrying ships could sail Arctic waters, as such voyages also require ice-classed... more
A good year for Yang Ming, too
Taiwan-based Yang Ming Marine has reported its 2020 annual financial results. Consolidated revenues increased by 1.4% to NTD 151.28 billion (USD 5.11 billion) last year (2019: 5.03 billion), while handled volumes amounted to 5.07 million teu. Yang Ming’s profit after-tax... more
DP World invests in Peru
The terminal of UAE-based DP World Callao in Peru, the country's major container port, is investing USD 333.6 million in its facilities to expand the current pier from 650 m to 960 m, increase the storage area to 303,000 hectares and install two new quay gantry cranes. With... more
HMM's maiden on tour
The HMM “Nuri”, the first of eight 16,000 teu-class newbuild containerships, started its first voyage from the port of Busan in Korea. The vessel flying the Liberian flag is deployed on the Far East Europe 4 (FE4) route under THE Alliance’s product plan, with the following... more
An insurer’s view of Suez
Captain Rahul Khanna, the global head of marine risk consulting with Allianz Global Corporate & Specialty (AGCS), has assessed the salvage of the stranded 'Ever Given' and the consequences for shipping. In addition to the rise in traffic volumes – vessels’ container... more
Get to France - via Barcelona
Synergy, logistics services provider of port and terminal operator Hutchison, has consolidated its intermodal service between Hutchison Ports BEST Terminal and southwestern France. This service was introduced in February 2020 in cooperation with the Port of Bayonne.... more
De-registering the bad boys
The St Kitts & Nevis international ship register (Skan) has underlined its adherence to compliance. A current incident made the register repeat its warning that vessels flying its flag that engage in illegal activities face immediate de-registration. A Skan-registered... more
More short sea capacity in Gothenburg
The Port of Gothenburg authority plans to launch a new short-sea terminal service dedicated to intra-European container transport. The terminal will be located at the Skandiahamnen western quay, which was recently renovated and reinforced in the lead-up to the Skandia Gateway... more