New feeder service via Le Havre 
A new weekly direct connection between the French port of Le Havre, part of Haropa Ports, and maritime hubs in Russia and Finland, started this morning. Cosco Shipping has reacted to recent experiences in British ports by making Le Havre central to its RFS4 shortsea... more
Lack of containers is complex, says Drewry
The maritime consultancy Drewry reports that container shipping remains disrupted by box equipment shortages which are restricting available capacity and so forcing freight rates to record highs. However, the analysis shows that this is being driven by empty container... more
MSC carries on both shoulders
Recently, Alphaliner pointed out that MSC is currently investing heavily in used vessels instead of newbuilds. In its race with Maersk over the title of the biggest global carrier, MSC has spent over a quarter of a billion dollars on second-hand container vessels. Based on... more
Share sale raises almost USD 100 million
For the first time since 2013, the Manila-headquartered International Container Terminal Services, Inc. (ICTSI) has raised money by the equity offering of shares. The group achieved an output of PHP 4.7 billion (USD 97 million) from the sale of 40 million common shares of the... more
K Line welcomes newbuild
K Line has taken delivery of the “Cape Ace” 100,000-dwt bulker which was completed by Namura Shipbuilding, Imari Shipyard & Works. The vessel, compliant with the common structural rules for bulk carrier (CSR-BC), has wide shallow hull shape with six cargo holds which... more
Brexit on the other side of the channel
Normandy’s channel ports - Le Havre for Haropa and Caen-Ouistreham, Cherbourg and Dieppe for Ports of Normandy - have joined forces to help supply chain actors to be as ready as they can be for Brexit when it comes into force on 1 January next, producing a series of handy fact... more
Turn Services acquires Bayou
Turn Services, which offers marine related services for waterborne transportation of cargoes for the dry cargo and petrochemical segments, is taking over Bayou Fleet from the Durant family. Located on the Lower Mississippi River in Hahnville, Louisiana, Bayou Fleet provides... more
Levant next goal for CMA CGM
Marseille-based CMA CGM is launching a standalone NC Levant weekly service from the port of Southampton in the UK, connecting northern Europe with the Eastern Mediterranean and Levant region from 8 January 2021. The NC Levant Express will deploy five vessels with capacities... more
Nova Marine acquires another vessel
Lugano (Switzerland)-based shipping company Nova Marine Carriers has acquired another handy size bulker. The company finalised the purchase of a 37.000 dwt handy-size bulk carrier that has been renamed “Sider Supreme”. Delivered by the Japanese yard Minami Nippon in November... more
Great expectations in Gothenburg
The Swedish Port of Gothenburg has embarked on the building of a new terminal, the largest port expansion since the 1970s. Dredged material is currently being reused as filling material in the construction of the port´s next major investment. Since autumn 2018, 1,500 piles... more