The mega trip reborn 
Chinese carrier Cosco Shipping has placed orders for seven new container vessels with a capacity of 23,000 teu each. The overall investment is estimated at USD 1.1 billion. Cosco's affiliate Orient Overseas International inked the respective agreements to build the ultra... more
Baltic service to UK launched
Northern England's Teesport has recently handled the “Balt VI”, a first vessel of the new cargo service operated by Containerships, an affiliate of CMA CGM, from the Baltics. The service from Klaipeda was launched in October and provides additional capacity for shippers... more
Bargelink and Timcocom team up
Bargelink, the marketplace for European inland shipping and the Freighttech company Timocom have formed a strategic partnership to combine their assets. Every month, around 700 barges and up to 200,000 t of freight are offered over Bargelink. In total, there are over 1,500... more
ONE improves results significantly
The wave of good news from carriers continues. Japan’s Ocean Network Express (ONE) reported a profit leap of 326% for the second quarter of its fiscal year 2020, which runs from April 1 to March 31. The Singapore-based container carrier said its Q2 profit came to USD 515... more
Pilot project in Algeciras
The Spanish Port of Algeciras has been running a pilot project in cooperation with Maersk Line, APMT, Marmedsa, and the digital platform portxchange to optimise port calls and thereby reduce emissions. The aim of the pilot is to improve the end-to-end port call process,... more
Steady course in Jacksonville
Florida-based Jacksonville Port Authority (Jaxport) has reported the results of its fiscal year 2020 that runs from 1 October till 30 September. About 1.28 million teu were handled, down 5% from 2019, which was a record year. Almost 547,500 vehicles crossed through the port,... more
Three Japanese carriers for Russian LNG
The Japanese shipping company MOL inked charter agreements for three icebreaking LNG carriers with LLC Arctic LNG 2, in which the Russian company Pao Novatek holds the largest share, through a wholly owned MOL subsidiary on 28 October. The three vessels will be built by... more
New RTG for Manila
Eight new hybrid rubber-tired gantries (RTG) were recently delivered to the Manila International Container Terminal (MICT), the flagship of the Filipino terminal and port operator International Container Terminal Services, Inc. (ICTSI). Manufactured in Japan by Mitsui... more
Maritime goes smart
The maritime industry in general is changing fundamentally as vessels transform into sophisticated sensor hubs, generating data and connecting through satellites in an expanding interconnected web. To enable the uptake of these systems and unlock the associated efficiencies,... more
EMSA on ship calls during the pandemic
The ports of Croatia, Iceland, Slovenia and Spain are statistically the ones that have suffered the most from the decrease in the number of ship calls throughout the European Union, Norway, Iceland and the United Kingdom since the end of July due to the pandemic. According... more