Forest product export optimised in Gothenburg
The Port of Gothenburg has implemented an innovative transshipment solution in collaboration with Södra, a Swedish forest industry group. This solution will significantly reduce greenhouse gas emissions, optimising the export process for Sweden's forest products.... more
"RMS Ruhrort": ready for methanol fuel
Rhenus Maritime Services (RMS), a global logistics specialist, is introducing the “RMS Ruhror”, a coastal ready to use methanol as a future fuel. While it currently operates with a diesel engine, the vessel is designed to meet the latest technical standards for current and... more
OOCL confirms trends on liftings and revenues
In container shipping, the gap between volumes and revenues keeps widening. Q3/2023 results of the carrier OOCL, an affiliate of Cosco Shipping, confirmed this trend. Over the third quarter ending on 30 September 2023, the carrier's total revenues decreased by 65.1% to USD... more
ICS on how to measure emissions
The International Chamber of Shipping (ICS), the global association of shipowners that represents more than 80% of the world's merchant fleet, presented the data collection system of the Carbon Intensity Indicator (CII) of the International Maritime Organisation (IMO) in London... more
AAL: a major delivery to Texas LNG facility
AAL Shipping has successfully transported 12,800 freight tonnes (frt) of heavy lift project cargo from South Korean ports to Beaumont, Texas, using its Asia to Americas trade lane and the vessel ‘AAL Brisbane’. The cargo, part of a significant LNG project in Texas,... more
Digital revolution in Constanta
A consortium consisting of Romanian company ‘Critical Technologies SRL’, German firm ‘HPC Hamburg Port Consulting GmbH’, and the two Estonian maritime partners EN Shipping Services OÜ and Saaresalu OÜ has won a tender for the port community system (PCS) feasibility study at... more
Bifa urges UK government to align with EC
The British International Freight Association (BIFA) calls on the UK government to align with the European Commission's decision not to extend the Consortia Block Exemption Regulation (CBER). BIFA recommends introducing an ombudsman for container market disputes and... more
New Chinese stronghold in Latin America?
The “new gringos” have struck another major deal in Latin America. In Chancay, north of the Peruvian capital Lima, Cosco Shipping Ports Limited (60%) is building a new multi-terminal and deep-water port together with the Peruvian Volcan Compañía Minera (40%). The planned... more
Lithium retrofit powers Lafarge tug
Leclanché, known for its energy storage solutions and battery systems for electric and hybrid ships based on lithium-ion cell technology, is supplying a 766 kWh Navius MRS-3 battery system to retrofit Lafarge's nearly 60-year-old pusher tug "Marsouin." The vessel... more
Decline in post-panamax values
According to Vesselsvalue, a maritime market intelligence provider, container values and earnings have hit their lowest levels since early 2021, primarily due to weakened market sentiment and a surge in newbuildings entering the market. Container values for various vessel... more