Arkas and CNAN to cooperate in the Med
Turkey-headquartered Arkas Line and CNAN Med, the national shipping line of Algeria, are launching an Algeria service at the beginning of this month (May). CNAN Med will operate the new Westmed Oran service (WOS) with two 1,600 teu vessels and Arkas Line will purchase slots... more
New Mexican offspring for Hamburg Süd
Hamburg Süd recently held a ceremony to name a containership at the port of Veracruz (Mexico). Now known as the "Polar Mexico", the vessel was sponsored by Claudia Dávila, wife of Carlos Ayala, logistics and distribution director of Alpek Polyester, a subsidiary of the... more
Coalition on West African routes
Bremen Overseas Chartering and Shipping (Bocs) and Universal Africa Lines (UAL) are to combine their forces on the West African trades. The Bremen entity, a breakbulk MPV shipping line, operates five geared MPV vessels ranging from 12,800 to 28,000 dwt, with a lifting capacity... more
Mixed results for Q1/2019 in Antwerp
In the port of Antwerp, total throughput fell by 3% in Q1/2019 compared to Q1/2018. Container traffic, on the other hand, continues to rise, recording the port’s best ever monthly result in March. In 2018, Antwerp’s share in the container market measured in tonnage increased... more
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