Cosco expands in North Africa 
Cosco Shipping Lines has opened a new branch in Casablanca. Cosco Shipping Lines (Morocco) aims to strengthen trade between North Africa and the rest of the world, as part of Cosco Shipping Europe's strategy to improve links via its "big corridor and three networks"... more
MOL to power Poland’s LNG terminal
The shipping company Mitsui O.S.K. Lines (MOL) will supply a floating storage and regasification unit (FSRU) in Poland's Gulf of Gdańsk. The project is led by Gaz System, Poland's gas transmission system operator, and aims to strengthen the country's energy security. The... more
A divided path to growth
Cargotec's board has approved a plan to split off Kalmar as a standalone company, pending approval at the AGM on 30 May 2024, with completion targeted for 30 June 2024. Supported by major shareholders, the move is intended to allow both Cargotec and Kalmar to pursue... more
The trio on the Rhine
The logistics companies Danser Group, Swissterminal, and DP World have been jointly operating inland shipping services on the Rhine since 1 February 2024. The portfolio covers the route from the trinational border area to the Western ports in Belgium and the Netherlands.... more
ICS working towards net zero
The International Chamber of Shipping (ICS), along with the Bahamas and Liberia, has submitted a proposal for a zero-emission shipping fund (ZESF) to the UN's International Maritime Organisation (IMO). The initiative aims to drive the global commercial shipping fleet towards... more
MSC opts for Long Beach
MSC has announced a change of terminals on the US West Coast. Its Sentosa service connecting Asia and USA’s West Coast will be revamped as of 1 March 2024. Starting with the “MSC Audrey”, the service will then operate in Long Beach (TTI) instead of Los Angeles (WBCT). Only... more
Ignazio Messina now represented in Switzerland
The shipping line Ignazio Messina has appointed Basel-based Abacus Shipping as its maritime agent for Switzerland, with effect from February 2024. Ignazio Messina, one of Italy’s oldest shipping lines, provides regular services linking Mediterranean ports to Africa, the Middle... more
Setback for Stockholm
Commenting on the results of 2023, the Ports of Stockholm stated that the ports “felt the effects of the recession." A total of 7.4 million of goods were handled, compared to 8.8 million t in the previous year (-16%). While goods volumes remained stable throughout the... more
Hapag-Lloyd tests the "new normal" 
Shortly after announcing its plans for forming a new alliance with Maersk in February 2025, Hapag-Lloyd reported its preliminary business figures for the full year 2023. Handled volumes grew slightly by 0.5% to 11.9 million teu last year (2022: 11.8 million teu). Revenues... more
Long sea route causes delays
In its latest Global Liner Performance (GLP) report, the Copenhagen-based maritime consultancy Sea-Intelligence analyses the schedule reliability figures of the big carriers up to and including December 2023. Because of the Red Sea crisis, global schedule reliability... more