MAJ warns of a seafarers' exodus
The Maritime Authority of Jamaica (MAJ) expressed its growing concerns about future seafarer shortages if the crew change crisis should continue. In a media release, the possibility of "exhausted crew choosing to leave the shipping industry rather than risk another long... more
A coalition for ten LNG vessels
While the value of the shares of Zim Integrated Shipping Services dived even below the price of USD 15 per share after the company's IPO at the NYSE in the end of January with an amount of 14.5 million sold shares (less than the 17.5 million shares planned), they have now gained... more
Endless summer?
Early in Q1/2021, the Hamburg-based shipping company Hapag-Lloyd expects a significant higher profit than in the same quarter last year. In a media release, the carrier spoke of a "very good start" in 2021 due to a high demand for container transports and further... more
Wallenius SOL calling Lübeck
The Wallenius SOL (WSAB) shipping company has added Lübeck (LHG) to its roundtrip between Finland and Antwerp on the northbound route. Once a week, the vessels "Fionia Sea" and "Jutlandia Sea" take turns to call at the Skandinavienkai terminal. The... more
Hutchison Ports invests in Saudi Arabia
In Saudi Arabia, the Royal Commission in Jubail and Yanbu and Hutchison Ports have inked an agreement to invest and operate JCPDI Port, which consists of multipurpose terminals within the Jazan City for Primary and Downstream Industries (JCPDI). Due to the pandemic, it was... more
More services call London Gateway
Two new major international shipping services, linking the key economies of western Europe with the eastern Mediterranean, North Africa and Russia, have opted for London Gateway as their new UK port of call. The first is the Sealand-Maersk’s North Sea service, which connects... more
Port of Basel resilient in 2020
In the Swiss Rhine ports, goods throughput in 2020 fell by 15.5% compared to 2019. After 2018 with its low water levels, 2019 was a strong year, regaining lost ground and increasing its throughput by an impressive 30%. Therefore, all things considered, the pandemic year 2020... more
Duisport scores in key segment
The major European inland port and hub duisport witnessed segmental growth in a difficult year 2020. Container handling went up by 5% 4.2 million teu (4 million teu in 2019), a new record mark. With a share of around 55%, container handling is the first goods segment in... more
CMA CGM serious about air division
A long-held dream has come true. The French shipping group CMA CGM Group is establishing its own specialised airfreight division.The carrier's first move to buy a 30%-stake in the Group Dubreuil, owner of the long-haul airlines Air Caraïbes and French Bee, didn’t materialise.Now... more
HMM also scores
Like the other big carriers, HMM took advantage of the cargo boom in the pandemic year of 2020. The South Korean group, formerly known as Hyundai Merchant Marine, was able to achieve an operating profit in 2020 of USD 831.1 million, a rise of more than USD 1 billion compared to... more