Nordic ro-ro operations about to begin
The final preparations for the opening of the new ro-ro terminal in the Stockholm Norvik Port are underway. Sweden’s newest port currently covers an area of 440,000 sqm. The last of eleven million paving stones was laid at the end of September. The construction work to build... more
Rates through the roof
The record current spot market rates just represent the beginning for the London-based analyst Drewry. The firm’s experts see the concentration of shipping companies, alliances and capacity management as heralding a new era. more
Ship managing unit with two stakeholders
The multinational Thome Group and the Hamburg-headquartered shipping company Carsten Rehder have decided to cooperate in a joint venture. A new company, Thome Shipmanagement Germany, with the Thome Group and Carsten Rehder as the two shareholders, will be set up to take over... more
Another cyber victim
The International Maritime Organisation (IMO) has confirmed that it has been hit by a cyber-attack against its IT-systems. The UN organisation spoke of “technical issues” at first, but declared by the end of the week on its official Twitter account that the troubles - the... more
ICS publishes updated corona guidance
The first guidance of the International Chamber of Shipping (ICS) for the global shipping industry to help combat the spread of Covid-19 was issued in March 2020. Since a great deal has changed since spring this year, the ICS has now published a new, fully updated version of... more
ZIM launches new service
The Haifa (Israel)-headquartered shipping group ZIM is expanding its activities in the East Med and the Black Sea. The carrier has introduced the New Levant - Black Sea Express (LBX) service which is planned to commence on 6 October. The new LBX, solely operated by ZIM, will... more
Update of CMA CGM's digital status
Now it is the CMA CGM group's turn. After Maersk and other shipping groups, the French carrier, hit this week by a cyber attack, continues to recover. Ceva Logistics was spared by the "Ragnar Locker Gang" suspected to be responsible for the incident. For a time,... more
Finally united in African waters
After one year, an existing cooperation now formalizes its activities under a new brand. United Marguisa Lines (UML) is the operating company active in continuation of the joint sailing agreement (JSA) between Marguisa and United Heavy Lift, for the joint services to the African... more
Another billion USD for the Suez Canal
The Suez Canal Authority (SCA) has scheduled investments of just over USD 1 billion for the coming financial year 2021. Among other projects, the assigned investments will be used for the completion of four tunnels underneath the Suez Canal – two in the proximity of Port... more
Hapag-Lloyd's hybrid prototype is on
The conversion of the 15,000 teu Hapag-Lloyd ship “Sajir” is currently underway in the Huarun Dadong dockyard in Shanghai. The major part, a LNG tank weighing 1,300 t, was recently hoisted into the ship and will be welded to the hold in the weeks ahead. At the same time, the... more