Cleaning up on the high seas
Ardent is on hand to help out whenever a fire breaks out on a cargo ship, if it loses containers or even should it sink. Regional director Bas Michiels recently told some exciting stories from an interesting niche. more
Special authorisation of Baltic Exchange
Baltic Exchange Information Services (Beisl), the Baltic Exchange’s and Singapore Exchange's (SGX) subsidiary, has been authorised by the UK’s financial conduct authority (FCA) as a benchmark administrator under the EU benchmarks regulation. Thus, the Baltic Exchange’s daily... more
Links kept up by Scandlines
Scandlines continues to operate on schedule on its Puttgarden-Rødby and Rostock-Gedser routes between Germany and Denmark. Although Denmark closed its frontier with Germany on 12 March and Germany followed suit in the other direction on 16 March, freight traffic is set to... more
PDL in new hands
A good slice of the cake: Neptune Pacific Line (Neptune), a shipowner and operator active in liner and project markets in the Pacific Ocean, has acquired Pacific Direct Line (PDL) from PDL’s parent holding company, Pacific International Lines (PIL). The divesting carrier,... more
Port of Dunkirk stresses multimodality
More multimodal transports in Dunkirk: In total, the share of alternative modes to road in 2019 amounted to 65% of land-based traffic to and from the French port. Inland shipping increased by 200,000 t, driven by the resumption of grain exports in the second half of 2019,... more
New giants on the horizon
OOCL is maintaining its contracts with shipyards Nantong Cosco KHI Ship Engineering (NACKS) and Dalian Cosco KHI Ship Engineering (DACKS) for five newbuilt container vessels. Each unit at a cost of USD 155.68 million will have a nominal capacity of 23,000 teu. The carrier... more
Chinese ebb in the port of Long Beach
A tandem torpedo hit the Californian port of Long Beach at the beginning of the year. The total number of boxes handled in January and February declined 7.1% compared to the same period in 2018. Lingering effects from the United States’ trade war with China on ship calls and the... more
China believes in Wilhelmshaven
China Logistics first expansion into Europe will take it to the JadeWeserPort in the German state of Lower Saxony. The ambitions of the state-owned company are almost as great as the hopes of the port operator. more
Maritime volume contraction like in 2009?
The Copenhagen (Denmark)-based maritime consultancy Sea-Intelligence predicts a Corona-caused decline of shippers' demand similar to the aftermath of the global financial crises in 2008 and 2009: "This implies a potential volume loss of 10% equal to 17 million teu... more
MacGregor's service to cover the Americas
MacGregor, part of the Finnish Cargotec Group, has announced that following the acquisitions of Rapp Marine and TTS in 2018 and 2019 respectively, it will extend its coverage and capability to support all service need of customers on the American Continents. Based in six... more