Breaking the wave in Californian ports
Due to unprecedented pre-Lunar New Year inbound volumes, a combination of increased consumer spending, holiday shipments and replenishment of warehouse inventories, the US-American ports of Long Beach and Los Angeles are experiencing a period of congestion. While the Port of... more
KMT launches new TOS
The Cameroonian subsidiary of International Container Terminal Services, Inc. (ICTSI), recently implemented the Logstar Terminal Operating System (TOS) at the Port of Kribi. KMT is a purpose built deep water general cargo facility catering to ro-ro project and heavy lift cargo,... more
LBS enters LNG business
In the second half of December, the PCTC MV “Auto Energy” of UECC's fleet received its first ship-to-ship bunkering of liquefied natural gas (LNG) blended with 10% renewable liquefied biogas (LBG). Gasum’s LNG bunker vessel “Coralius” performed the bunkering operation at... more
CMA CGM pursues air cargo plans
It is not just the integrators. The carrier CMA CGM is also working hard on setting up its own air cargo business. According to news from the trade journal "aerotelegraph", the shipping company is currently negotiating with Qatar airways about the acquisition of two... more
Container flows back on track
According to the current flash estimate, the container throughput index of the RWI – Leibniz Institute for Economic Research and the Institute for Shipping Economics and Logistics (ISL) showed a slight, seasonally adjusted decrease in November from 121.6 (corrected) to 121. The... more
Three new units nearby
The Naples-headquartered Grimaldi Group opens the new year 2021 with an enhancement of its fleet. The delivery of the “Eco Barcelona” took place in early January, while two more vessels with different specifications, the “Grande Texas” and the “Eco Livorno”, will join Grimaldi’s... more
ZIM to go public
After first initiatives from mid-2019 on, the Haifa-based shipping company ZIM confirmed its plan to go public. Amongst others, the carrier recently published a prospectus ahead of an initial public offering (IPO) on the New York Stock Exchange, which is intended to take place... more
Movement kicks in
The RCEP free-trade zone established on 15 November (‘only’ online, due to Covid-19) directly affects almost a third of the world’s population. New moves in the China trade have already been initiated now, before the expected Far Eastern trade rejuvenation. more
A lack of containers
Boxes aren’t always just where you need them – sometimes they are stored for too long, for example in Asia or North America. There are bottlenecks in Europe too, however. A Gothenburg initiative is now turning the tables. more
The Alliance – January sailing schedule
The Alliance, the shipping consortium made up of ONE, Hapag-Lloyd, Yang Ming and HMM, has adjusted its sailings in January to meet the needs of the new global shipping situation. Departures in almost every trade are disrupted to a greater or lesser extent; the details are... more