Gdynia port: Svan provides direct link
The Baltic Container Terminal (BCT), ICTSI’s business unit in Poland's port of Gdynia, received its first direct call from the Mediterranean Shipping Company's (MSC) Swan service on 23 August 2023. MSC reinstated the Swan service in May, connecting European and Far Eastern... more
ONE's med port service
The Japanese carrier Ocean Network Express (ONE) inaugurated its Adriatic Israel Butterfly Loop (AIB) service in late August 2023. This feeder service encompasses ports along both the Western and Eastern Mediterranean coastlines. The AIB loop operates on a weekly rotation,... more
Lower Saxony Ports: shaping tomorrow
At the 31st Lower Saxony Port Day, which was held in Stade on 1 September 2023, Lower Saxony's seaports highlighted their efforts to promote the energy transition. Minister of economic affairs Olaf Lies stressed the importance of investing in ports and their infrastructure as a... more
New number one in global ship registry
There has been a shift in the head-to-head competition of global ship registries. According to the latest data from Clarksons Research, Panama has lost its top position for the first time in 30 years. Liberia now holds the title of the world's largest ship registry in terms of... more
Wijgula's fresh face
The inland shipping company Königliche Wijnhoff & Van Gulpen & Larsen (Wijgula) has appointed Simon Lucas as its third managing director alongside Norbert Meixner and Egbert Schelhaas, effective 1 September 2023. With a background in the chemical industry, Lucas will... more
Iumi addresses fire concerns in EV transport
The International Union of Marine Insurance (Iumi) has released recommendations for the safe transport of electric vehicles (EVs) in response to concerns about fires on car carriers and ro-ro vessels. Research cited by Iumi suggests that EV fires are not inherently... more
Global container turnover declines
The RWI/ISL Container Turnover Index, a collaborative effort by the RWI – Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL), showed a slight drop in July, reaching a seasonally adjusted 121.9 points compared to the revised 123.3... more
ICTSI secures Metrobank loan
International Container Terminal Services, Inc. (ICTSI), a major global terminal operator, has obtained a USD 750 million loan from Metropolitan Bank & Trust (Metrobank), marking the largest credit facility secured by ICTSI and the largest bilateral facility extended by... more
Cargo growth in Gothenburg
Amid global and domestic economic slowdown, the Port of Gothenburg maintains solid cargo volumes, backed by Sweden's resilient export industry. Import dips, reflecting economic caution, are stabilising, with signs of autumn recovery. The port handled 446,000 teu in... more
What about this year's golden week?
With the golden week, China’s national holiday, just five weeks away, carriers are grappling with blank sailings amid a drop in demand. Unlike previous years, carriers have not announced significant capacity reductions for the Transpacific route during this period. Scheduled... more