Shipping united at Fednav
Montreal (Canada)-headquartered Fednav is restructuring its shipping businesses under one management unit. The marine department, led by executive vice-president Tina Revsbech, will unite the traditional chartering and operations teams with their counterparts in the shipowning,... more
Bremen criticises terminal operators
The Bremische Hafenvertretung (BHV), which represents logistics, port and transport companies from Bremen and Bremerhaven, has expressed its concerns about a possible cooperation between terminal operators Eurokai and BLG Logistics Group in the container business. BHV demands a... more
UAL to start new service
The first sailing of Universal Africa Lines on its new Mediterranean and Black Sea service to West Africa will be performed by the heavy lift carrier M/V “UAL Fortitude”. The vessel is equipped with 2 x 180 t cranes and has a combined lifting capacity of up to 360 t. The... more
Difficult times ahead for car carriers
The research and data mining company Vessels Value has analysed the development of the demand for maritime vehicle carriers in 2020. Demand globally is down 18% year on year so far. In detail, some markets (Japan exports and China imports) are showing faster recovery than... more
Rate reductions in the Port of Barcelona
The Port of Barcelona has decided to mobilise around EUR 23 million in favour of its operators between 2020 and 2022. At an extraordinary board meeting, the Port's board of directors approved a series of provisions that include both short-term measures (shock plan), which will... more
Baltic Sea Bridge to expand
Since the end of March, Mukran Port Terminals has been operating, in cooperation with DBO Bahnoperator, a fixed sea route, flagged "Baltic Sea Bridge", as part of the New Silk Road between Asia and Europe. In the first ten weeks of continued operation, with a... more
Turnaround at the Port of Long Beach
Signs of relief are on the horizon: in May, cargo shipments rose again at the Port of Long Beach as the economic effects of anti-pandemic measures started to subside. The port handled 628,000 teu over the month, a 9.5% increase from May 2019. Imports grew 7.6% to approx.... more
Finnlines' latest vessel generation
Finnlines' newbuilding programme continues as planned. The construction of the shipping company's most recent ro-ro vessel was started on 8 June 2020, with the steel cutting in the Chinese Nanjing Jinling shipyard. All three ordered hybrid ro-ro vessels will be built with... more
GAC opens 25th location in UK
GAC UK has opened its newest branch, offering marine and terminal services at the port of Eastham on the River Mersey in Wirral. It is the 25th office in the company’s network of offices covering ports throughout England, Scotland, Wales, Ireland and Gibraltar. Located at... more
Volumes and sailings keep slipping
Carriers worldwide announced another 521,000 teu of blank sailings in the course of the calendar week 23, said Copenhagen-based maritime consultant Sea Intelligence, which is a 15% increase over the announcements made the week prior. Accordingly, the six-week plateau during... more