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ShippingWatchTuesday30 May 2023

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ShippingWatchTuesday30 May 2023
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Foto: Dp World/pr

DP World cuts 5 percent of its CO2 emissions

The Dubai-based port company was able to eliminate 5 percent of its CO2 emissions across its global business.
  • DP World handles more boxes mainly from Asia
  • P&O Ferries counts on profitability after mass layoffs

For subscribers

Containers being loaded in the Port of Ho Chi Minh City, Vietnam.

Port group PSA buys into Vietnamese logistics firm

For subscribers

Foto: Pr / Port of Hamburg

Chinese acquisition at Port of Hamburg still hot topic in Germany's government

For subscribers

Foto: Casper Dalhoff/Ritzau Scanpix

Aberdeen aims to become UK's first net zero port by 2040

For subscribers

Bottlenecks arose outside US ports during the pandemic. At the same time, freight prices increased strongly. This has led to political criticism of carriers. | Foto: Damiian Dovarganes/AP/Ritzau Scanpix

Carriers respond to new political attack: Accusations are based on a "false premise"

For subscribers

Allard Castelein came to port from oil company Shell in 2014. | Foto: Ernst Bode/pr

Port of Rotterdam's CEO resigns after almost a decade

For subscribers

  • Foto: Pr/port of Hamburg/michael Lidner

    Three elements provide Port of Hamburg with a challenging market

    Europe’s third-largest port has seen a general drop in freight volumes so far in 2023, but its chief executive expects improvements later in the year.

    For subscribers

  • A CMA CGM vessel at the Port of Los Angeles, which together with Long Beach makes up the largest port complex in the US. | Foto: Pr / Cma Cgm

    Port of Los Angeles reports large decline in freight volumes

    Negotiations over a new labor agreement and crowded inventories contributed to a significant drop in cargo volumes moving into the US through the Port of Los Angeles in April.

    For subscribers

  • Foto: Amanda Perobelli/Reuters/Ritzau Scanpix

    APM Terminals prepares for major investments in Brazil

    Over the next three years, Maersk’s port company plans to upgrade five Brazilian port terminals.
  • Foto: Hhla / Martin Elsen

    HHLA expects market improvement in second quarter

    Hamburger Hafen und Logistik counts on demand returning in the months before the summer, but declining container volumes and geopolitical unrest have left marks on the first-quarter report.

    For subscribers

  • Foto: Pr / Hhla / Dietmar Hasenpusch

    Hapag-Lloyd takes a break from port terminal acquisitions

    The German carrier plans to invest in more port terminals but not until prices have dropped to lower levels, says CEO.

    For subscribers

  • Hamburg's box terminal will soon be co-owned by the Chinese, state-owned company. | Foto: Michael Lindner/port of Hamburg Marketing

    Chinese company greenlit for stake in German port terminal

    State-controlled carrier Cosco now has the German government’s approval to invest in Hamburg’s container terminal.

    For subscribers

  • Foto: Stephen B. Morton/AP/Ritzau Scanpix

    Australian owner puts US port facilities up for sale

    A number of container terminals in important ports on the US East Coast might soon be in new hands, writes The Wall Street Journal. 

    For subscribers

  • Foto: DP World

    DP World handles more boxes mainly from Asia

    The Dubai-based port giant reports increased cargo throughput in Q1, but the geopolitical situation creates short-term uncertainty across markets, says CEO.

    For subscribers

  • Many countries, including Denmark, have evacuated their citizens from Sudan. | Foto: Yiannis Kourtoglou/Reuters/Ritzau Scanpix

    Maersk pauses freight to Sudan due to intensifying conflict

    The battles between the army and a paramilitary group have prompted the Danish shipping group to halter new container freight bookings.

    For subscribers

  • The Port of Melbourne could become central for refueling with the fuel green methanol. | Foto: William West/AFP/Ritzau Scanpix

    Maersk joins collaboration on access to green methanol in Melbourne

    A list of shipping and energy companies want to investigate the option of storing green methanol in Melbourne so the Australian port can meet growing demand for the fuel. 
  • Foto: Port of Rotterdam

    Port of Rotterdam volumes affected by less Russia-destined boxes

    Q1 offered less activity in the Port of Rotterdam while geopolitical uncertainty casts shadows over the remaining part of the year, says CEO.

    For subscribers

  • Large computer-controlled cargo cranes rapidly lift containers from ships to Automated Guide Vehicles (AGVs). | Foto: Damian Dovarganes/AP/Ritzau Scanpix

    West Coast dockworkers have a tentative agreement on some issues

    Despite disagreements between employers and a local union chapter for California dockworkers stemming from alleged terminal disruptions, the two parties are inching closer to a definite pact.
  • Foto: Murad Sezer/Reuters/Ritzau Scanpix

    PSA International buys Turkish logistics firm

    The port major expands its logistics branch with yet another acquisition. ”We strongly believe in the long-term growth potential of Türkiye,” says CEO of the PSA group.

    For subscribers

  • Foto: Fabian Bimmer/Reuters/Ritzau Scanpix

    China's investment in Hamburg dinted by new security assessment

    The German government opts to reassess divesting Hamburg terminal shares to Chinese shipping group Cosco.

    For subscribers

  • Slowdown in global trade means fewer boxes in Port of Los Angeles

    The Port of Los Angeles’ container throughput in Q1 was way below the record level of last year.

    For subscribers

  • Foto: Uncredited/ap/ritzau Scanpix

    China's major ports undermine Western goal of moving production

    Western countries are eager to move parts of production out of China, but India and Southeast Asian nations do not have enough ports to handle the large container ships.

    For subscribers

  • Foto: Federico Gambarini/AP/Ritzau Scanpix

    APM Terminals wants to expand port in Rotterdam

    The expansion of the container terminal at the Port of Rotterdam is to be complete in the second half-year of 2026.

    For subscribers

  • China leading miniscule progress for world's major ports

    The container volumes in the world’s 30 major ports grew by less than one percent. Europe’s three largest ports decreased while Chinese ports saw increases.

    For subscribers

  • Foto: Umit Bektas/Reuters/Ritzau Scanpix

    Oil holds surge as halt to Türkiye flows adds to market optimism

    The legal dispute between Türkiye, Iraq and its Kurdistan region meant that the former halted oil export by 400,000 barrels a day from Ceyhan port. Simultaneously, banking optimism sprouted.
  • Foto: Lars Klemmer/AP/Ritzau Scanpix

    Russian oil flows hold fast even as Kremlin says output slashed

    Russia’s output reduction has yet to materialize in cargo data. Imports to Europe and Asia remain low.

    For subscribers

Latest news

  • Golden Ocean buys back shares totaling more than USD 1m – 15:48
  • It is still uncertain when Maersk's new vessels can sail on green fuels – 15:48
  • Spain fines ship that caused concerns for Maersk Tankers – 15:45
  • Luke has left his shipping job to defend Ukraine as a soldier at the frontline – 15:24
  • Container carriers earned USD 13bn in first quarter – 13:49
  • DFDS exec hopes for reforms after finished Turkish election – 13:48
  • Avance Gas eyes strong year with fewer newbuilds than expected – 13:17
  • Improving time schedule reliability for container ships – 10:18
  • Sohmen-Pao warns shipping against forcing in the green transition – 09:34
  • Seaborne reefer freight estimated to grow in 2023 – 08:24
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