ONE banking on synergy effects 
ONE, the joint venture for container traffic of the three Japanese shipping companies K Line, MOL and NYK, reported a loss of USD 586 million in the fiscal year ending 31 March 2019. Revenues were at USD 10.88 billion. The average exchange rate was JPY 109.48 per USD, and the... more
World container throughput recovers, says RWI/ISL
According to current flash estimates, the container throughput index of the RWI – Leibniz Institute for Economic Research and the Institute for Shipping Economics and Logistics (ISL) rose to 136.9 in March, thus offsetting, at least in part, the sharp drop to 134.5 reported in... more
Hapag Lloyd sustainability reports includes SDG
The Hamburg-based shipping company Hapag-Lloyd transports around 12 million containers a year with its fleet of 227 ships. The carrier’s current sustainability report entitled “Gathering Pace Together” also includes the legally required non-financial report. Hapag-Lloyd's... more
CMA CGM enlarges digital portfolio
The French shipping company CMA CGM is continuing to further digitalise its offers and has just introduced the CMA CGM e-solutions tool. It is a fully digital e-commerce system that supports a range of e-commerce channels such as electronic data interchange (EDI) and application... more
Container throughput solid in February says Drewry
In February 2019, Drewry's global container port throughput index declined to 114 points, after reaching 131 points in January. The decrease was mainly due to the Chinese New Year which was celebrated in February and dampened activity levels. The February 2019 index was... more
ICS – Avoid overcapacity 
The International Chamber of Shipping’s Simon Bennett warned his audience in Istanbul about the further erosion of margins if tonnage does not fall more heavily. more
History of Hamburg Süd on display
Two going for history: Hamburg Süd and the International Maritime Museum Hamburg (IMMH) have signed an agreement to catalogue and display the historical collection of the shipping company, which was founded in 1871. Using images, ship models, documents and other artefacts from... more
Australian hydroxide plant needs new equipment
Tianqi Lithium Kwinana has recently placed an order with Liebherr for the first LRS 545 Reachstacker in Australia. Tianqi Lithium operates a new lithium hydroxide plant in the Kwinana industrial area, south of Perth in Western Australia. In July, a reachstacker and two... more
SOL and Wallenius create special fleet
A new shipping line, Wallenius Sol, has been founded. The company will move mainly forest products and other cargoes within a network covering the Gulf of Bothnia, the Baltic Sea and the North Sea. The initiative was launched by the shipping lines Wallenius und SOL. It focuses... more
Upbeat first quarter for the port of Rotterdam
In the first quarter of 2019, the quantity of cargoes processed at the port of Rotterdam surged by 5.1% compared to the same period last year. In total, 123.9 million t were handled compared with 117.8 million t in Q1/2018. The increase was mainly due to the throughput of... more