Concordia Damen wins contract in Uruguay
Uruguayan shipowner TFF has contracted Concordia Damen to build a CDS 2410 river pusher for transporting cellulose pulp. The pusher, with 2,500 HP, will operate between Fray Bentos and Nueva Palmira. Concordia Damen built the vessel based on local river characteristics for... more
Advancing hydrogen collaboration
The port of Gothenburg has partnered with Hitachi Energy and Skanska to implement a hydrogen collaboration project in a significant step towards sustainable infrastructure development. The project features the use of a hydrogen generator with new technology, piloting... more
Shipowners finding a new role
In conversation with Andreas Stepan, spokesman for the association of Austrian shipping agents. The dangers on the Suez Canal route have had a strong impact on sea freight rates. Shippers are increasingly seeking direct contact with shipowners and splitting invitations to tender... more
DP World reports 2023 financials
DP World has announced its financial results for 2023, which show a 6.6% revenue growth to USD 18,250 million and a 1.9% uptick in adjusted ebitda to USD 5,108 million. The company's profit for the year decreased by 17.7% to USD 1,514 million due to higher finance costs. Cash... more
Testing eco-friendly sails
Smart Green Shipping has initiated on-land testing of Fast Rig, a wing sail designed to cut shipping emissions by up to 30%. Developed collaboratively and financially supported by MOL Dry Bulk, the economic development agency Scottish Enterprise, and private investors, Fast Rig... more
'P&O Liberté' begins Dover-Calais sailings
P&O Ferries has launched the 'P&O Liberté', its second hybrid vessel, for commercial sailings between Dover and Calais. Designed for the English Channel, the 'P&O Liberté', along with its sister ship 'P&O Pioneer', is part of the fusion-class fleet and reduces... more
ONE enters EU emissions trading
Ocean Network Express (ONE) has completed its first European Union allowances (EUA) transaction with BNP Paribas, marking a significant step in complying with the EU emissions trading system (EU-ETS). Since 1 January 2024, shipping companies must monitor, report, and verify... more
Discussing anti-GHG measures with the IMO
The International Association of Ports and Harbours (Iaph) is taking an active part in the 16th meeting of the IMO's intersessional working group on the reduction of greenhouse gas (GHG) emissions from ships (ISWG-GHG 16) and the 81st meeting of the marine environment protection... more
Hapag-Lloyd rolls out tracking API
The Track & Trace API is designed to improve shipment tracking for customers. The API, which became available in March 2024, provides detailed information on shipments, equipment, and transport events for bookings with Hapag-Lloyd since 25 January 2024. It follows the... more
First 20,000 teu in Genoa
Cosco Shipping is enhancing its Asia Mediterranean service (AEM1) by adding four 400 m long giants, with the ‘Cosco Shipping Aries’ to make regular calls at the port of Genoa, starting on 19 March. Cosco Shipping is thus the first company to bring a 20,000 teu vessel to Italy's... more