Project 44 knighted by Goldman Sachs 
Project 44 has found new investors. The seven-year-old Chicago-based company raised USD 202 million in a Series E funding round led by Goldman Sachs Asset Management and Emergence Capital. Players from the sector like Girteka and Lineage Logistics also participated in the... more
Short sea shipping is back
In Spain, shortsea shipping volumes are beginning to recover and returning to the level prior to the Covid-19 crisis in Q1/2021 compared to the same period in 2019 and 2020. According to the report from SPC Spain, international ro-ro traffic (excluding freight vehicles)... more
Rising global fleet faces staff shortfall
London-based maritime consultancy Drewry draws attention to a growing concern of the high sea shipping industry, according to the latest Manning Annual Review and Forecast report. Due to the diminishing attractiveness of a career at sea, coupled with rising man-berth ratios... more
Results of BMA’s mental health survey
The Bahamas Maritime Authority (BMA) recently released the results of the Seafarer Covid-19 Welfare Survey, which was conducted by deputy director and head of BMA’s investigations department Tom Jenkins. Many seafarers took part to the survey, so that BMA and researchers at... more
High freight rates inflate prices
Copenhagen-based maritime consultancy Sea-Intelligence recently analysed the impact of the elevated freight rates on importers for a variety of consumer goods, especially on the Asia to US West Coast and North Europe trade lanes. An OECD-data-based value of consumer goods... more
Aapa strengthens government relations
The American Association of Port Authorities (Aapa) has announced the promotion of Aapa government relations staffer, Derek Miller (photo), who already joined in September 2020, to the position of government relations manager, and the appointment of Ian Gansler as the new... more
A silver lining for reliability at sea?
According to Sea-Intelligence, a maritime intelligence provider from Copenhagen (Denmark), the increase in global schedule reliability in March 2021 didn’t last. Reliability levelled out, with carriers recording a 1 percentage point decrease month-on-month in April, coming to... more
An old and new brand in Argentina
In September 2020 the towing company Svitzer took over the firm Madero Amarres from Grupo Meridian in Argentina, and subsequently changed the company name of the subsidiary to Svitzer Argentina. Now the company has acquired a new client in Argentina. On 1 April Svitzer started a... more
Final farewell for Hawaiian’s ‘Ohana operations
Hawaiian Airlines won’t restart its ‘Ohana by Hawaiian passenger services between Honolulu and Moloka‘i and Lāna‘i, as well as its statewide ATR freighter cargo service. Freighter services with ATR 72 aircraft were suspended in November 2020 and passenger services with ATR 42... more
100% zero-emissions refrigerated delivery
Albertsons, a US chain of grocery stores, recently took delivery of two e-trucks at its distribution centre in Irvine CA. The ‘VNR Electric’ models from Volvo Trucks North America are the first zero-tailpipe emission, battery-electric class 8 trucks to be deployed in Albertsons... more