APMT / Panynj agreement extended 
A.P. Moller-Maersk and the Port Authority of New York and New Jersey (Panynj) have agreed to extend APM Terminals Elizabeth’s lease by 33 years, through to December 2062. The deal, which was approved by port authority’s board of commissioners yesterday, 27 March, secures... more
First direct Mundra–US service
DP World has launched the first direct service from its Mundra terminal to the east coast of the USA, marking a new milestone in Indo–US trade. The MECL service, inaugurated by the call of the ‘Maersk Atlanta’, connects Mundra to ports including Houston, Norfolk, Newark and... more
Achilles and Bimco to improve maritime standards
Bimco and supply chain risk specialist Achilles have launched a partnership to support standardisation and operational resilience in global shipping. The agreement grants Bimco members preferential access to Achilles’ risk management tools. Bimco is the world’s largest... more
NTSB urges risk checks for 68 US bridges
The US National Transportation Safety Board (NTSB) has recommended that 30 owners of 68 bridges in 19 states assess the risk of vessel collision, following the Francis Scott Key Bridge collapse in Baltimore in March 2024. The investigation revealed the bridge’s risk of... more
Noatum Maritime’s first LNG-powered ro-ro vessel
Noatum Maritime, part of the AD Ports Group, has taken delivery of its first LNG-powered pure car and truck carrier (PCTC), the ‘UGR Al Samha’. The newbuilding will operate under the recently launched joint venture with Erkport, United Global Ro-Ro. The vessel offers capacity... more
Bar Technologies – harness wind in green fuel debate!
Portsmouth-based Bar Technologies has urged the shipping industry to give wind propulsion a central role in decarbonisation strategies, following a study by Umas and the UCL Energy Institute highlighting financing barriers for e-fuels in developing nations. CEO John Cooper... more
Grimaldi supports Unicef shipments to Senegal
The Grimaldi Group has entered into a one-year partnership with Unicef to support its humanitarian efforts in Africa. Under the agreement the company will provide free ocean transport for at least 80 containers of emergency supplies from New York to Dakar. The goal is to... more
Mounting pressure on Chinese box market
Container prices and leasing rates in China continue to fall amid weak cargo demand, excess inventories and trade uncertainty. According to Container xChange, average prices for 40 ft high-cube containers have dropped 11% since November 2024. One-way leasing rates from... more
Wallenius Wilhelmsen reports record performance
Wallenius Wilhelmsen has released its 2024 annual report, delivering all-time high results. Its adjusted ebitda rose to USD 1.9 billion, while net profits reached USD 1.07 billion – both surpassing 2023 figures. All business segments contributed positively, despite an 8% drop... more
Dredging key to Dutch-Belgian resilience
A new report by NMT-IRO and Erasmus University highlights the strategic importance of the Dutch and Belgian dredging sector for coastal protection, port access and the energy transition. The industry, which supports over 350,000 jobs annually through critical port and... more