Three bidders for Chennai's new container terminal 
The terminal operators DP World, PSA International and Adani Group have bid for the public-private partnership contract to run the new container terminal in the Indian port of Chennai. The terminal will boast an annual capacity of an estimated 800,000 teu. The cost of the... more
Legal issues, piracy and sanctions top shipowners' list of...
Legal and contractual issues, piracy and crime, and international sanctions are the most important areas of concern to merchant shipowners, as the UK P&I Club's latest member survey has revealed. Close behind are crewing and personnel, insurance regulation, loss... more
Portopia becomes reality
The Portopia project has started under the coordination of the Vrije Universiteit Brussel (Free University Belgium) and twelve academic and industrial partners from nine European countries. The scheme aims at creating an integrated knowledge base and a port performance... more
CMA CGM introduces new Egypt-Black Sea feeder
The French carrier CMA CGM has re-introduced its seasonal container line service between Port Said and Damietta (both Egypt) to Greece, Turkey and the Black Sea. The FAS Marmara feeder service comes with start of the perishables season in Egypt. The new service has replaced the... more
Drewry: mixed fortunes for Taiwanese liner companies
Analyst Drewry has pointed out that Taiwanese container shipping companies experienced mixed fortunes and varied profitability in recent years. The intra-Asia specialist Wan Hai, however, saw steady returns and resilient growth, but the long-haul players Evergreen Marine... more
First the Chinese, now the Arabs 
Despite the peak season in the Asia–Europe trade the cargo rates have fallen again over the past two weeks. For the coming two years a number of new deliveries of containerships are planned, which will not just bring more tonnage into the market, but also adjust the market... more
South Korean ship steaming through fabled Northeast Passage
Hyundai Glovis, the Hyundai Group's shipping arm, wants to be the first South Korean shipping company to use the Northeast Passage. As the company does not have ships equipped with the necessary ice class, Hyundai has teamed up with the Swedish carrier Stena Line and chartered... more
Novorossiysk welcomes Cathrine Rickmers
The Russian Black Sea port of Novorossiysk has welcomed the Cathrine Rickmers, the first container vessel longer than 280 m to visit. The call in Novorossiysk complements a Maersk service that connects ports in the Middle East, India and Turkey. The transit time from Nhava... more
Cosco Aqaba completes 20-ship delivery for Coscon
China's Jiangsu New Yangzijiang Shipbuilding has delivered the 4,253 teu container ship Cosco Aqaba, which completes a series of 20 identical sisters that Coscon ordered in late 2007 and early 2008. However, the deliveries had been deferred due to the market situation. Cosco... more
ECSA and ETF call on EU for strategy to curb growing piracy
As the Gulf of Guinea develops into a new hot spot of piracy, the European Community Shipowners' Associations (ECSA) and the European Transport Workers' Federation (ETF) have called on the EU-toobox to address the growing problem. The organisations demand in a press statement... more