containerships

DP World and Port of Nanaimo sign 50-year lease agreement

  The Duke Point Terminal lease agreement was finalized today, with the signing of a 50-year lease agreement between the Port of Nanaimo and DP World. The Duke Point agreement will provide a long-term port-to-port solution for short-sea shipping between Nanaimo and Vancouver, as well as expand direct access from Nanaimo to global import/export markets …

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German fleet stabilizing after severe slump starting in 2009

  Today, the German Shipowners’ Association (VDR) released new figures on the situation of the German shipping sector. President Alfred Hartmann and CEO Ralf Nagel used this occasion to annonce German shipping has exited the slump that decimated the national fleet since when The German KG funding system, a major financing model that helped Germany quickly develop …

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A.P. Moller – Maersk will operate the world’s first carbon-neutral liner vessel by 2023 – seven years ahead of schedule

  Copenhagen, Denmark – Fast-tracked by advances in technology and increasing customer demand for sustainable supply chains, A.P. Moller – Maersk accelerates the efforts to decarbonize marine operations with the launch of the world’s first carbon-neutral liner vessel in 2023 – seven years ahead of the 2030 initial ambition. All future Maersk owned new buildings …

A.P. Moller – Maersk will operate the world’s first carbon-neutral liner vessel by 2023 – seven years ahead of schedule Read More »

Growing uncertainty as Montreal docker/port employer truce soon expiring

  By Leo Ryan, Editor Recently resumed negotiations between waterfront employers at the Port of Montreal and the union representing 1,125 dockers have reportedly made little progress ahead of a seven-month truce expiring on March 21. And amidst the renewed uncertainty, there is evidence some importers have made contingency plans and have already begun to …

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Michelin plans to export tires from Halifax to Saint-Nazaire by cargo sailboats

  Firmly committed to reducing CO2 emissions from its logistics operations, the Michelin Group recently signed a transport commitment with French Start-up NEOLINE.  Neoline’s decarbonized shipping service relies on clean and renewable wind energy as the main propulsion for its 136m long cargo ships with 4200 m2 of sails. This is an innovative and unique …

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Change at the helm of Hamburg Süd

German shipping line Hamburg Süd has announced the appointment of Poul Hestbaek as its new CEO, replacing Arnt Vespermann who will leave the company by the end of the first quarter.  Poul Hestbaek has been with the company since 2004 and is currently the Chief Commercial Officer (CCO) of Hamburg Süd. The 59-year-old shipping-industry veteran has previously …

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MSC adds double call at Halifax on its Canada Express 2 service

The Port of Halifax has welcomed the announcement by MSC that it has added a double port call at Halifax and a call at Valencia, Spain in an enhancement of its Western Mediterranean-Canada shipping route that includes Montreal.  “The addition of Halifax will offer Canadian exporters the possibility to export cargo to anywhere in the …

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California boxship congestion shattering records

  By Leo Ryan, Editor Containership congestions at unprecedented levels at the ports of Los Angeles and Long Beach, the biggest maritime complex in North America, cannot be rapidly alleviated due to the devastating impact of rising COVID-19 cases amongst longshoremen, truck drivers and freight train operators, Capt. Kip Louttit, Executive Director of the Marine Exchange …

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QSL Continues Its North American Expansion With the Acquisition of Empire Stevedoring

QUEBEC CITY – QSL, a company specializing in port terminal operation, stevedoring, marine services and transport, continues its expansion by acquiring Empire Stevedoring Co. Ltd. of Montreal. This transaction brings QSL one step closer to its goal of becoming the North American leader in its activity sector. This alliance between two prestigious Quebec maritime industry players …

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World Shipping Council pleads for more collaboration to mitigate Covid-19 challenges (Forum)

Ocean carriers are taking all available measures to improve the speed and efficiency of cargo movement including employing all available vessel tonnage says the World Shipping Council.  When demand dropped some 20-30% in Q2 2020, carriers curtailed services and idled vessels. However, as cargo volume rose, carriers redeployed those assets as quickly as possible. Alphaliner …

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