News

Transshipment sector drives Mundra’s strong container throughput growth

“Mundra Port, a non-government/minor cargo gateway in India under the Adani Group port network, has rapidly grown to become the country’s busiest container handler.” See the original story at Container News. Source: Container News (JK)

Singapore lays the blame for this year’s big fuel contamination scandal with suppliers from the UAE

“The Maritime and Port Authority of Singapore (MPA) has laid the blame for a big fuel contamination outbreak on suppliers from the Middle East.” See the original story at Splash247. Source: Splash247 (JK)

Port of Koper welcomes arrival of new container crane

“The Port of Koper has welcomed the arrival of the first of two new ship-to-shore (STS) container cranes.” See the original story at Port Technology. Source: Port Technology (JK)

CMA CGM to reshuffle its MEDWAX, EURAF 3 & WAZZAN services in West Africa

The following release was published by CMA CGM:

Striving for continuous improvement in our servic...

California grants $2.5 million to push Port of Long Beach Electric Vehicle project

“The Port of Long Beach has received a multimillion dollar California Energy Commission Grant to aid...

Forwarder slams Maersk ‘incompetence’ as alliances come into question

“A freight forwarder who has been waiting for Maersk to deliver freight which is more than a month l...

AD Ports further expands with multipurpose terminal in Egypt

“AD Ports Group and the Red Sea Ports Authority have signed agreements on joint development and operation of major port projects on Egypt’s coastline.” See the original story at Port Technology. Source: Port Technology (JK)

Box ship charter market – heated for so long – shows signs of cooling

“The impact of reduced volumes from China and weakening demand forecasts from the US and Europe is c...

Amazon in a low gear, but is moving towards third-party deliveries

“Faced with excess capacity and weaker results, Amazon is moving to generate more money from its fulfilment network.” See the original story at The Loadstar. Source: The Loadstar (JK)

New Romania terminal will become Europe-China intermodal gateway

“DP World is going ahead with plans announced last year for a new road-rail intermodal terminal in Aiud, Romania, to be operational in the first half of next year.” See the original story at The Loadstar. Source: The Loadstar (JK)

Chinese logistics group De Well eyes a Hong Kong IPO

“Chinese logistics group De Well is seeking a listing of one of its entities on the Hong Kong Stock...

‘Unreasonable fees’ send Australian shippers into multi-billion dollar frenzy

“Australian shippers are battling a double-whammy of spiralling supply chain inflation, container detention fees and delays to manufacturing in China.” See the original story at The Loadstar. Source: The Loadstar (JK)

GSBN bridges growing global trade finance gap

“The Trade Finance Advisory Group (TFAG) of Global Shipping Business Network (GSBN), an independent...

New monitoring requirements give US FMC more insight into alliance carrier operations

“The three global ocean carrier alliances – 2M, Ocean and THE – and each of their member companies w...

Wan Hai pays $850,000 fine to settle FMC detention case

“Carrier Wan Hai has agreed to pay an $850,000 civil penalty to settle an investigation into detenti...

Maersk finds possible buyers for stake in Global Ports Investment

“A.P. Moller – Maersk (Maersk) is reportedly in talks with potential buyers for its stake in terminal operator Global Ports Investment.” See the original story at Port Technology. Source: Port Technology (JK)

Maersk records best ever quarter

“Maersk reported its best ever quarter in Q1 2022 with a $6.8bn profit despite taking a $718m hit from pulling out of Russia.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

LNG ships likely worse for the environment than HFO, says latest research

“Despite an explosion of orders, a mounting body of research has revealed that switching to LNG-powered ships might be worse than doing nothing to cut emissions.” See the original story at The Loadstar. Source: The Loadstar (JK)

Maersk Line Russia / Ukraine update

The following advisory was published by A.P. Moller – Maersk :

Giving you the best ability to man...

Chittagong port’s outer anchorage full of ships – Haian City still stuck

“As the Muslim’s largest religious festival Eid-ul-Fitr linked holidays ongoing, leading to slower l...

New hybrid yard equipment at the Mindanao Container Terminal

“Two Mitsui hybrid rubber-tired gantries (RTG), the first in Mindanao, Philippines were received by...

Asiatic Lloyd extends portfolio further beyond container ships

“German tonnage provider Asiatic Lloyd is diversifying further beyond its core boxship segment, inve...

Navios Maritime Partners buying four newbuild LR2s

“Angeliki Frangou’s Navios Maritime Partners has agreed to acquire four LR2 newbuilding vessels, for $58.5m each, with two ships already booked for long-term employment.” See the original story at Splash247. Source: Splash247 (JK)

MSC outmuscles Maersk on the Asia-Europe tradelane

“Mediterranean Shipping Co (MSC) has overtaken 2M partner Maersk as the largest carrier on the Asia-Europe tradelane in terms of tonnage deployed according to new analysis from Alphaliner.” See the original story at Splash247. Source: Splash247 (JK)

Charleston slashes anchored vessels to lowest of major US East Coast ports

“The number of vessels anchored outside the Port of Charleston has been cut from 27 to five in the p...

Port of Mobile approves APM terminal expansion

“APM Terminals is a step closer to its goal of increasing container capacity at the Port of Mobile after the port’s board agreed to develop more land as part of a $100 million expansion project.” See the original story at JOC. source: JOC (JK)

Asia-US container trade easing slightly before next surge

“Available capacity on ships plying the eastbound trans-Pacific has loosened slightly in recent week...

China lockdowns are not causing shipping chaos, say liner CEOs

“It was predicted that China lockdowns would cause container shipping havoc. Six weeks into Shanghai...

Container volumes at Port of Melbourne down in March

“The Port of Melbourne saw its container throughput decline 6.9 per cent year-on-year in March 2022....

Euroseas strikes $37 million agreement for two new vessels

“Euroseas Ltd. has announced it has agreed to acquire two intermediate sized container vessels for a combined price of $37 million.” See the original story at Port Technology. Source: Port Technology (JK)

West Coast ports and unions clash on automation ahead of talks

“The Pacific Maritime Association (PMA) has released a study extolling the benefits of port automati...

Port of Santos volumes increase by over 9.5 per cent

“The Brazilian Port of Santos has handled a cargo of 38.7 million TEU in the first quarter of 2022, accounting for an increase of 9.6 per cent year on year.” See the original story at Port Technology. Source: Port Technology (JK)

Port of Montreal moves 1.7 million TEU in 2021

“The Port of Montreal moved 1.7 million TEU in 2021, despite facing several challenges and crises. D...

Kalmar receives repeat order from French container terminal operator

“Kalmar has received an order from Terminaux de Normandie to supply 12 diesel-electric straddle carriers for use at the Port of Le Havre.” See the original story at Port Technology. Source: Port Technology (JK)

Ningbo-Zhoushan Port sets a new monthly container throughput record

“The East China Port of Ningbo-Zhoushan is expected to exceed 3 million TEU in April 2022. The figur...

Challenger carriers and retailer-chartered services hit by China lockdowns

“The combination of Covid lockdown cargo delays in China and congestion at US east coast ports has p...

Nippon Paint Marine antifouling for Evergreen’s 24,000 TEU boxships

“Ever Alot, believed to be the world’s largest containership by TEU-carrying capacity, has floated o...

SM Line ups stake in HMM to 0.99%

“South Korean liner operator SM Line (also known as SM Merchant Marine) has purchased more shares in its compatriot rival HMM, increasing its stake to 0.99%.” See the original story at Container News. Source: Container News (JK)

APM Terminals boosts efficiency in West Africa through Fixed Berthing Windows

“APM Terminals has announced it has increased the efficiency of its West Africa network through the...

Container volumes increase again at the port of Gothenburg

“Sweden’s major port of Gothenburg has reported 212,000 TEU in the first quarter of 2022, which tran...

S’ville port books 16% rise in container throughput for Q1

“Public-listed Sihanoukville Autonomous Port (PAS) recorded a surge of 16.32 per cent in container t...

ThPA S.A.: 2 New Panamax STS cranes arrived at the Port of Thessaloniki

The following release was published by Port of Thessaloniki:

Two new specially designed New Panam...

EU Commission gives green light for Hapag-Lloyd deal at JadeWeserPort

“The EU Commission has approved Hapag-Lloyd’s investment in JadeWeserPort Wilhelmshaven, which was announced in September 2021.” See the original story at Port Technology. Source: Port Technology (JK)

MSC, Maersk crowned the world’s largest container carriers

“MSC and A.P. Moller – Maersk (Maersk) have been crowned as the two largest container carriers in the world, according to recent data from Alphaliner.” See the original story at The Loadstar. Source: The Loadstar (JK)

US perishables shippers are struggling to keep their markets alive

“US exporters of perishables are struggling with a litany of woes: from a shortage of containers and...

Shippers still favouring contracts, despite short-term spot rate discounts

“While long-term container contract rates from Asia continue to advance, ocean carriers have been bu...

COSCO Yangpu International terminal achieves throughput target

“The Yangpu International Container Terminal has achieved the Q1 2022 throughput target of 361,800 TEU, an increase of 138,000 TEU.” See the original story at Port Technology. Source: Port Technology (JK)

Bangladeshi crew members remain “hostages” in Kolkata

“The crew members of the Bangladesh-flagged vessel that sunk on March 24 in Netaji Subhas Dock in Ko...

DSV reports strong financial results for Q1, upgrades full-year outlook

“The Danish transport and logistics group DSV has reported strong first quarter results with growth...

FMC urged to include excessive dwell fees in demurrage regulation

“A shipper advisory group to the US Federal Maritime Commission (FMC) is recommending that regulator...

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