KPI Bridge Oil acquires Ocean Connect 
The Danish KPI Bridge Oil, a global trader and broker in marine fuels and marine lubricants, will acquire the online bunker platform Ocean Connect Marine, hitherto belonging to Glencore. Subject to regulatory approval, the two companies will merge to form a new brand and... more
Rearranging Middle East services
Hapag-Lloyd, Hyundai Merchant Marine, Ocean Network Express (ONE) and Yang Ming, the members of The Alliance, have specified the changes to their network they announced in January 2020 and released updated details concerning their service network on the Asia-Middle East... more
Will Maersk retain the level of 2019?
While preparing the ground in the running year with a profit warning for Q1/2020, Maersk has reported its results for the full-year 2019. Revenues went down moderately by 1.0% to USD 38.9 billion (USD 39.3 billion in 2018), the shift to profitable business caused a leap of 14.0%... more
Paying tribute to IMO
The Bahamas continues to be one of the first council members to present its annual assessment payment to the international maritime organisation (IMO) in the course of February 2020. The payment to the IMO was transferred in full and in advance of the deadline. The... more
Hanjin’s valuable legacy 
The cat’s out of the bag now. 2M, that is to say Maersk and MSC, have reached an agreement with South Korea’s Samra Midas Group. The latter’s SM Line, still young and one of the heirs in the northern Pacific of the Hanjin shipping company, will cater to demand for its partners... more
Maritime crew changeover becomes more important
Global restrictions due to the coronavirus outbreak also affect shipping crews in many ports around the globe. The crewing company Danica, based in Hamburg (Germany), reports an increase in enquiries from shipping companies seeking to employ Eastern European crews. The... more
Atlantic One takes the next step
The multi-user hall „Atlantic One“ planned by the Bremen company Peper & Söhne Projekt GmbH in the Güterverkehrszentrum Jade Weser Port (GVZ) will be built by Goldbeck NORD GmbH, Bremen office. A corresponding general contract has already been signed and the necessary... more
Ship registries now take a closer look
Vessels that violate current United Nations Security Council resolutions (UNSCRs) on trading with North Korea will not be registered with the Palau international ship registry (PISR). Both the government of Palau and PISR have introduced measures for the due diligence in... more
Hamburg Süd becomes more Mediterranean
The carrier Hamburg Süd, an affiliate of Maersk, hitherto relied on agents and joint-venture organisations to represent its operations in Italy and Spain. Now the shipping company has set up its own offices in these countries. Furthermore, in Egypt the company recently took over... more
HMM shortly before friendly takeover
As from April 2020, the South Korean shipping company Hyundai Merchant Marine (HMM) will be operating the "HMM Algeciras", the largest container vessel worldwide. This will ring in the next round of the programme to maximise ships. This ULCV will have a nominal... more