Two new faces on the board at Port Trois-Rivières
The Trois-Rivières port authority has appointed Marie-Josée Gervais and Guylaine Laporte as members of its board of directors for a mandate of three years. Gervais, a former high-level triathlete and professional cyclist, is known for her involvement with various organisations,... more
RBH service to connect south China, Thailand and Vietnam
ALP, the CMA CGM affiliate, will launch the Bangkok-Haiphong (RBH) service that will provide weekly connectivity between South China, Thailand and Vietnam. An express service from South China to Thailand, the RBH service will provide an alternative sailing option from Shekou... more
Back to a rise in trade volumes in 2019?
According to the current flash estimate, the container throughput index of the RWI – Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose to 138.5 in May. Furthermore, the figure for April was revised from 134.7 to 137.4 – an... more
American Club reports "good start into 2019"
The American Club made solid progress in many areas in 2018 and started 2019 on an encouraging note. Tonnage growth in 2018 was similar to that of the previous year. P&I entries increased by about 8% and those for FD&D by approximately 6%. While year-on-year premium had... more
MOL intensifies its LNG commitment
The Japan-based carrier MOL has entered, through a wholly-owned subsidiary, into a short-term charter agreement for a LNG carrier with Gail (India). Gail is a state-owned natural gas processing and distribution company in India with approx. 11,400 km of cross country existing... more
More LNG power for Containerships
As the second LNG-powered ship for Containerships, an affiliate of the CMA CGM Group, the “Containerships Polar” is now being deployed in the redesigned BALT 2 service. At the beginning of May, the 1,380-teu vessel started its voyage from Guangzhou Wenchong Shipyard in China... more
Matson builds its largest con-ro ship to date
The US carrier Matson recently christened the largest combination container / roll-on, roll-off ship ever built in the United States in a ceremony at the Nassco shipyard in San Diego (CA, USA). The new vessel is named “Lurline”, an iconic name in Matson’s history, dating to the... more
Guyana: a new hot spot for business
In the Latin American country of Guyana the economy is growing apace. Due to the productivity of offshore drilling projects, the country’s gross domestic product alone is set to double by 2020. Crane Worldwide Logistics has opened an office in Guyana to assist global clients... more
50,000 trackers at sea
There is a plethora of discussions concerning the technical details of container trackers in the maritime shipping industry. CMA CGM is now going the whole hog and deploying Traxens trackers on all of its 50,000 containers; Maersk and MSC are also in action. more
More dividends for HHLA's shareholders
The Hamburger Hafen und Logistik AG (HHLA, Germany) will raise the dividend per listed class A share to EUR 0.80. This figure is 19.4 % higher than in the previous year. EUR 56 million will thus be distributed to the shareholders of the port logistics subgroup for the financial... more