Petronas and K Line strengthen LNG-link 
K Line has signed a long-term time charter contract of 12 years plus an extension option for the further 12 years from 2022 on. The agreement was concluded with Petronas LNG, a subsidiary of Petroliam Nasional Berhad (Petronas). K Line has also executed shipbuilding... more
There is more than diesel
2019 was a record year for the growth of alternative fuels in maritime transport, as can be seen from the dedicated portal fuels insight (AFI) by DNV GL. The use of liquefied natural gas (LNG) experienced a remarkable upward trend with the commission, throughout the year, of... more
A turn for the better - on thin grounds
According to flash estimates, the container throughput index of the RWI –Leibniz Institute for Economic Research and the Institute for Shipping Economics and Logistics (ISL) reported a surprising uptick of 2.2 points to 115.4 points in January. However, the value is still... more
Two Swedish ports join forces with Finnlines
The Swedish Ports of Stockholm and the port of Naantali, with the shipping company Finnlines as coordinator, have decided to apply for an EU grant that, among other things, would help them to jointly reduce air pollutant emissions from shipping within the port areas. The port of... more
To Gotland with love - and LNG
As from summer 2020, passengers to Gotland will be able to use an even more eco-friendly service to reach the Swedish island in the Baltic Sea. A second LNG ferry between the mainland and Gotland's capital Visby will help to reduce emissions even further. At a naming... more
Corona likely to have a costly impact on Chinese ports
The maritime data provider Alphaliner has published its estimates with regard to the effects of the extended Chinese Lunar New Year holidays and the countermeasures to contain the spread of the coronavirus. According to these figures, the epidemic will reduce... more
Guadeloupe holds a steady course in 2019
The Caribbean Grand Maritime Port of Guadeloupe (GPMG) has reported its traffic figures for 2019, speaking of "encouraging results". After a record year in 2018, GPMG's freight traffic experienced a slight setback in 2019. The total volumes recorded a decrease of 4% in... more
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