Shipping News
-
DP World reports gross volume growth of 1.9% in 1Q 2022
DP World Limited handled 19.3 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2022, with gross container volumes increasing by 1.7% year-on-year on a reported basis and up 1.9% on a like-for-like basis. 1Q2022 volume growth was driven by Asia Pacific,…
Read More -
Freight throughput in the Port of Rotterdam decreased by 1.5% in first quarter
The developments in Ukraine and the seriously deteriorated relationship between Russia and many other countries will impact throughput volumes for the rest of the year as well. In the first quarter of 2022, 1.5% less freight passed through the Port of Rotterdam than in the same period last year: 113.6…
Read More -
MUFG Bank to Invest in MarCoPay Inc, the Financial Platform for Seafarers
MarCoPay Inc.*, which is operated by NYK, the transnational Diversified Group (TDG), and Marubeni Corporation (President and CEO: Masumi Kakinoki), entered into a new investment with MUFG Bank, Ltd. (President and CEO: Junichi Hanzawa, hereinafter “MUFG Bank”), and agreed to aim for joint business creation through the strategic partnerships among…
Read More -
Adani acquires India’s largest marine services company Ocean Sparkle
OSL has experience in global maritime servicing through its operations in Oman, Saudi Arabia, Sri Lanka, Qatar, Yemen, and Africa Adani Ports and Special Economic Zone Ltd (“APSEZ”) through its subsidiary, The Adani Harbour Services Ltd (“TAHSL”), has entered into a definitive agreement for the acquisition of a 100% stake…
Read More -
DWELL FEE to remain on hold for LA and Long Beach
San Pedro Bay Ports to Consider Activation The San Pedro Bay ports of Los Angeles and Long Beach announced today they will delay consideration of the “Container Dwell Fee” for another week, until April 29. Since the program was announced on Oct. 25, the two ports have seen a combined…
Read More -
Alphaliner calculates a total of 702 containerships deployed between Asia and North America ago first April
From the first April 2022, Alphaliner calculated that there are a total of 702 containerships deployed between Asia and North America. posted Michael Gaulin National Sales Manager at Laufer Group International on LinkedIn In total, they reported that capacity on Asia to North America routes has reached 5.75 million TEU.…
Read More -
An Exclusive Research : Russia’s war in the Black Sea will change short sea shipping connections
Poland ( Special ) : Marek Grzybowski Russia’s attack on Ukraine has affected not only global supply chains. Short sea shipping connections have changed drastically in Europe. The Black Sea is practically out of the game. Merchant ship traffic has dropped very drastically in Black Sea ports. Insurance companies have…
Read More -
Port of Rotterdam : National Growth Fund supports ZES concept with 50 mln investment for inland shipping sector
Zero Emission Services (ZES) – co-founded by the Port Authority in 2020 to stimulate, among other things, electric waterborne transport – has received a €50m investment from the National Growth Fund for the accelerated implementation of their innovative system solution for inland navigation. The investment will be used for the…
Read More -
Port of Oakland exporters eligible for new federal incentives
USDA to help with user costs for Oakland’s pop-up container yard Oakland, Calif. – : Port of Oakland’s new, temporary container yard is getting federal help in the form of financial relief for its customers. The USDA (United States Department of Agriculture) is providing agricultural and other exporters assistance in…
Read More -
Palmesino: “In liquid bulk the war could create a favorable situation for shipowners”
There is hysteria about building these ships that only a few shipyards know how to do in Korea and Japan Saudi Aramco alone had chartered 27 VLCs in a single day. Most of these ships had been chartered for 3-6 months of storage Genoa – The seminar on sea freight…
Read More