Giant vessels pouring into the Port of Hamburg

The new ultra-large container vessels have left a significant impression on the Port of Hamburg, which handled more larger ships in the first nine months of the year. Container freight to the port has grown, while the bulk cargo trade is stable compared with last year.

This week's top stories on ShippingWatch

The Monjasa appeal case progressed, three major Danish carriers released third quarter results and Torm announced plans for a listing in New York. These were among the headlines over the past week on ShippingWatch.

Port of Hamburg reports surge in throughput

The Port of Hamburg increased its container volumes by close to 11 percent in the first nine months of the year, and the operating result also improved, shows the bank's interim report.

APM Terminals hit by massive impairments again

APM Terminals was once again forced to book massive impairments on its portfolio, which is the main reason why the vital company in the group's Transport & Logistics unit suffered a deficit of USD 267 million in the third quarter.

DP World boosts strength in Africa

Over the past two years, terminal company DP World has gone from having partnerships with five African countries to now having seven African partners. The continent's significance is rising for the terminal company which highlights explosive growth in Africa's global trade.

This week's top stories on ShippingWatch

China builds strength in the improving container sector, banks clean up the multipurpose fleet, Danish OMT carries out large-scale layoffs, and several disputes in the bunker sector characterized this week on ShippingWatch.

A single unknown number will form Maersk's Q3 report

Maersk is headed in the right direction. This is true in terms of the financials as well as the complicated process of shaping the future Transport & Logistics business, according to analysts who plan to keep an eye on one figure in particular in next week's interim report.

Correction: Bunker companies leaving Singapore

This is a new version replacing the original article about the bunker industry in Singapore in the wake of the introduction of flow meters January 1 this year. It is stressed that commercial reasons are behind bunker company Aegean's decision to exit the port as physical supplier, and that it cannot be linked to the struggle against bunker fraud. ShippingWatch apologizes to Aegean and our readers for the misunderstandings the original article may have caused.

Last week's top stories from ShippingWatch

Criticism launched at the shipowners' lobby over climate regulations, a new concentration of North Sea owners emerged, and there was a new development in the compensation case against Danish bunker company Monjasa. These were among this week's top stories on ShippingWatch.

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