ONE grows port holdings
Ocean Network Express (ONE), the world’s sixth largest container carrier, has acquired a majority stake in two US West Coast terminal operators, Trapac in Oakland and Yusen Terminals in Los Angeles, and a significant stake in Rotterdam World Gateway (RWG). These strategic... more
Mexico's mega ship milestone
Contecon Manzanillo (CMSA), a subsidiary of ICTSI operating the Specialised Container Terminal 2 in the Port of Manzanillo, has set a new milestone in Mexico's port industry by handling 14,400 teu during a single vessel call by the CMA CGM's 'APL Vanda'. This achievement... more
New vessels: Who is building most?
South Korea is home to some of the biggest global wharfs to date. The carriers launched a high number of orders in 2021 and 2022, and the content analyst of Veson nautical, Rebecca Galanopoulos Jones, gave details on the current orderbook. Container vessels are the most... more
Introducing Columbia Shipmanagement Vietnam
The Columbia Group has expanded its global network of manning agencies by establishing Columbia Shipmanagement Vietnam (CSM Vietnam), a dedicated manning agency. This move aligns with Columbia's goal to access the emerging Vietnam seafarers' market directly. While Columbia... more
Itic issues risk warning for ship managers
The International Transport Intermediaries Club (Itic), a mutual insurer which offers professional indemnity cover for transport intermediaries in various industries, has cautioned ship managers about the risks and costs associated with failing to meet contractual... more
Cooperation with customs authorities fosters trade
IAPH was honoured to welcome Ricardo Treviño Chapa at IAPH World Ports Conference for the launch of the first evert International Association of Ports and Harbors (IAPH) World Customs Organization Guidelines on Cooperation between Customs and Port Authorities Patrick Verhoeven... more
Korean partnership to reduce CO2 in shipping
KR (Korean Register) and HD Hyundai Global Service have signed an MOU to collaborate on verifying maritime carbon reduction solutions. With increasing decarbonisation regulations, shipping firms are turning to digital technology to reduce carbon emissions more effectively.... more
Harren Group: new ship management service
Harren Group, a German maritime services and logistics provider, has added Harren Ship Management to its portfolio in response to customer feedback on existing ship management services. Harren Ship Management adopts a holistic approach to ship management, prioritising a... more
Electronic payment services for seafarers
Mitsui O.S.K. Lines (MOL) has introduced Martrust, a specialised payment service for seafarers on its vessels. Developed by the Marcura Group, Martrust offers e-wallet accounts and international debit cards to seafarers, enabling electronic payment services. This move aims... more
MOL inks long-term charter with Jera
The Japanese company Mitsui O.S.K. Lines (MOL) has signed a long-term charter deal for a newbuilding LNG carrier with a vessel operation management company funded by Jera. This marks the sixth contract with Jera for LNG carrier. The vessel will be built at the Geoje Shipyard of... more