With an increase in throughput of 3.9%, the port of Rotterdam can look back a good first half year. There was growth in eight of the ten market segments. The only falls were in the volumes of mineral oil products and other liquid bulk. In particular, the volume of containers handled (9.3% in TEU, 10.4% in tonnes) was the […]
Two Norwegian companies – Yara International and Kongsberg Gruppen – are building the world’s first crewless, autonomously operated ship, an advance that could mark a turning point in seaborne trade, reports WSJ. The autonomous electric ship, named Yara Birkeland, is scheduled in late 2018 to start sailing. It will be capable of carrying 100 shipping […]
A new European research project seeks to revolutionize the shipbuilding sector by replacing steel with composite materials for the construction of more efficient large length ships. FIBRESHIP is an ambitious project that will allow for the construction of light commercial vessels, passenger and leisure transport and oceanographic vessels more than 50 meters in length using […]
Heavily indebted South Korean shipper Hyundai Merchant Marine Co Ltd (HMM) said on Sunday it has agreed with the 2M shipping alliance to form a cooperative relationship that falls short of full-fledged membership. Joining an alliance with major shipping firms was one of the conditions of a debt restructuring deal between Hyundai Merchant Marine and […]
France-based CMA CGM today announced a new direct weekly container service to Asia from the Port of New Orleans Napoleon Avenue Container Terminal. Part of the company’s PEX3 service, the inaugural vessel is scheduled to arrive on January 31 for service by terminal operator Ports America. “CMA CGM is proud to be expanding our presence […]
New cargo business is coming to the Port of Long Beach’s largest terminal thanks to Harbor Commission approval Wednesday of an agreement replacing a vessel operator that declared bankruptcy. The Long Beach Board of Harbor Commissioners greenlighted the move by a subsidiary of Mediterranean Shipping Co., one of the world’s largest vessel operators, to take […]
