Oceanis analyses impact of rising rates 
In its state of ship finance report for Q1/2024, the Hamburg-based ship finance company Oceanis highlights potential risks in banks' pricing abilities. With rising interest rates, banks have seen increased profits, but strong shipping markets and competition for leverage have... more
Digital advances to improve port efficiency
The Manila International Container Terminal (MICT) is enhancing its operations with new digital solutions. The Philippine trade gateway transitioned to 100% digital payments through the advance customer transaction system to improve safety and efficiency during the pandemic.... more
Expanding the Lower Danube 
Bulgaria and Romania developing waterways for goods transport. The Lower Danube, a section of ‘Pan-European Transport Corridor 7’, is theoretically very important as a connection between the Balkan Peninsula and Central and Western Europe. In practice, however, its potential for... more
MOL: a sustainability study for ammonia carriers
MOL Coastal Shipping, a subsidiary of Mitsui O.S.K. Lines (MOL), will conduct a concept study for a large coastal ammonia carrier in collaboration with Asahi Tanker and Ikous. The project aims to develop a sustainable ship type that meets customer needs, addresses environmental... more
Getting ready for mega vessels
Marport, Istanbul's largest port, has invested USD 200 million to increase its capacity for handling two mega vessels simultaneously and improve operational efficiency with advanced equipment. Established in 2001 as a joint venture between Arkas Holding and Terminal... more
Samskip expands shortsea portfolio
Samskip has launched a new shortsea container service connecting Santander, Tilbury and Rotterdam, set to begin on 2 April. Operated once a week, the new offering is cost-competitive with road-ferry alternatives, while also providing good reliability and lower CO2 emissions.... more
Port of Gothenburg electrifies inspection vessel
‘M/S Hamnen’, the port of Gothenburg's inspection vessel, has been retrofitted to electric propulsion. It has been in service at the port since 1979. The transition is part of the port's commitment to reducing emissions, with the electrification eliminating the 67 t of carbon... more
Powering carbon neutrality in the Med
Fundación Valenciaport has commenced work on the Power 4 Med project, seeking to advance carbon neutrality in maritime transport. It focuses on providing support and tools to facilitate the transition towards carbon neutrality for fishing vessels, commercial vessels, and... more
Closing the gap on green shipping
In a new report, Wärtsilä suggests that sustainable shipping fuels could reach cost parity with fossil fuels by 2035 with the help of policies such as carbon taxes and emissions limits. The EU emissions trading scheme (ETS) and fuel EU maritime initiative (Feum) are expected to... more
Building for the next 20 years
An essential link between the river Seine and the maritime port of Le Havre. The official inauguration of the modernised locks of Tancarville at the end of February saw a multi-year construction project come to an end. A total of EUR 15 million was invested in the three phases... more