Blog
Due to the massive delivery of new ships, the supply of the container fleet will grow by 20% until the end of next year, without any significant growth in demand.This is stated by the research department of Danish Ship Finance in its latest semi-annual report on the outlook for the global shipping market. That analysis comes at a time when container rates have already fallen by 80% since peaking in September 2021 and shipping companies are starting to look for ways to cut costs.
Due to the massive delivery of new ships, the supply of the container fleet will grow by 20% until the end of next year, without any significant growth in demand.
Tanker shipping companies are experiencing golden times, partly due to the consequences of the Russian invasion of Ukraine. This is evident from an analysis of the results of five listed shipping companies by ShippingWatch.
EXTENSION
DP World has initiated construction of its planned fourth berth for its London Gateway terminal. With the construction of the new berth, the capacity will grow by about a third.
“SMART CONTAINERS”
The Japanese container shipping company ONE has contracted electronics company Sony to develop a ‘smart container’ solution that will be used throughout the company’s entire fleet. The two companies have not yet set a date, but say they are “excited” that they will “shape the future of container shipping” together.
Tanker shipping companies are experiencing golden times, partly due to the consequences of the Russian invasion of Ukraine. This is evident from an analysis of the results of five listed shipping companies by ShippingWatch.
“SMART CONTAINERS”
The Japanese container shipping company ONE has contracted electronics company Sony to develop a ‘smart container’ solution that will be used throughout the company’s entire fleet. The two companies have not yet set a date, but say they are “excited” that they will “shape the future of container shipping” together.
The Groningen shipping company ForestWave has taken over Symphony Shipping, a colleague from Breda in the project cargo business. With the acquisition, ForestWave will have access to Symphony’s eight ‘Ecobox’ freighters, vessels that are able to transport extra-long objects, such as the blades of wind turbines. The takeover brings the fleet of the Groningen shipping company to 21 ships. Three more newly ordered Ecobox vessels will be added in the near future: one is expected to be delivered in June, the other two will arrive in 2024 or 2025.
The Groningen shipping company ForestWave has taken over Symphony Shipping, a colleague from Breda in the project cargo business. With the acquisition, ForestWave will have access to Symphony’s eight ‘Ecobox’ freighters, vessels that are able to transport extra-long objects, such as the blades of wind turbines. The takeover brings the fleet of the Groningen shipping company to 21 ships. Three more newly ordered Ecobox vessels will be added in the near future: one is expected to be delivered in June, the other two will arrive in 2024 or 2025.
EXTENSION
DP World has initiated construction of its planned fourth berth for its London Gateway terminal. With the construction of the new berth, the capacity will grow by about a third.
‘ONLY’ 7.5 BILLION DOLLAR PROFIT
ZIM has revised its full-year 2022 profit forecast downwards in response to the third-quarter financials. The Israeli container shipping company now expects a gross profit (EBITDA) of between 7.4 and 7.7 billion dollars. That is 6% less than in a previous forecast. Nevertheless, the expected profit would still make for a record year.
EXTENSION
DP World has initiated construction of its planned fourth berth for its London Gateway terminal. With the construction of the new berth, the capacity will grow by about a third.
AUTOLOGISTICS
In port terminals in Antwerp and Zeebrugge, some 100,000 vehicles are waiting for delivery to end customers. There is hardly any capacity to park more cars. The bottleneck is the transport to the car distributors.
‘ONLY’ 7.5 BILLION DOLLAR PROFIT
ZIM has revised its full-year 2022 profit forecast downwards in response to the third-quarter financials. The Israeli container shipping company now expects a gross profit (EBITDA) of between 7.4 and 7.7 billion dollars. That is 6% less than in a previous forecast. Nevertheless, the expected profit would still make for a record year.
Danish container shipping company and freight forwarder A.P. Møller-Maersk expects global demand for containers to decline this year. According to the group, which is seen as a barometer for world trade because of its activities, this is due to the deteriorated economic outlook. Still, the third quarter was better than expected with $9.5 billion in profit.
QUARTERLY FIGURES
Danish container shipping company and freight forwarder A.P. Møller-Maersk expects global demand for containers to decline this year. According to the group, which is seen as a barometer for world trade because of its activities, this is due to the deteriorated economic outlook. Still, the third quarter was better than expected with $9.5 billion in profit.
Danish container shipping company and freight forwarder A.P. Møller-Maersk expects global demand for containers to decline this year. According to the group, which is seen as a barometer for world trade because of its activities, this is due to the deteriorated economic outlook. Still, the third quarter was better than expected with $9.5 billion in profit.
EXTENSION
DP World has initiated construction of its planned fourth berth for its London Gateway terminal. With the construction of the new berth, the capacity will grow by about a third.
Dozens of ships that have sailed to Europe with cargoes of LNG to provide our continent with sufficient gas for the coming winter months, are waiting off the coast because there is insufficient capacity in European ports to unload the LNG. Reuters news agency reported this on Tuesday.
LACK OF TERMINAL CAPACITY
Dozens of ships that have sailed to Europe with cargoes of LNG to provide our continent with sufficient gas for the coming winter months, are waiting off the coast because there is insufficient capacity in European ports to unload the LNG. Reuters news agency reported this on Tuesda
EXTENSION
DP World has initiated construction of its planned fourth berth for its London Gateway terminal. With the construction of the new berth, the capacity will grow by about a third.
EXTENSION
DP World has initiated construction of its planned fourth berth for its London Gateway terminal. With the construction of the new berth, the capacity will grow by about a third.
LIMITED ENVIRONMENTAL BENEFIT
The fast-growing fleet of seagoing vessels with LNG propulsion threatens to run into an enormous loss of value around 2030 due to the emergence of zero-emission fuels.
LIMITED ENVIRONMENTAL BENEFIT
The fast-growing fleet of seagoing vessels with LNG propulsion threatens to run into an enormous loss of value around 2030 due to the emergence of zero-emission fuels.
CONTAINER CONNECTION
APM Terminals (APMT) has emerged as the winner for the bidding war for developing a new container terminal in Suape, Brazil. The terminal company of the Danish AP Moller group has announced that it will invest 500 million dollars in a terminal with an initial throughput capacity of 400,000 TEU per year. According to the company, the new facility should be operational as early as 2025.
CONTAINER CONNECTION
APM Terminals (APMT) has emerged as the winner for the bidding war for developing a new container terminal in Suape, Brazil. The terminal company of the Danish AP Moller group has announced that it will invest 500 million dollars in a terminal with an initial throughput capacity of 400,000 TEU per year. According to the company, the new facility should be operational as early as 2025.
BUNKERING
Rotterdam and Singapore will work together to realize the first sustainable shipping on the route between the two ports by 2027.That is the most concrete goal in a statement of principle by both port authorities to develop the world’s longest ‘Green and Digital Corridor’. The collaboration covers, among other things, marine fuel. The Port of Rotterdam Authority points out that more and more alternatives to bunker oil are available, such as biofuels.
DECREASE ACCIDENTS
The number of accidents in Dutch inland shipping has decreased for the third year in a row, Rijkswaterstaat reports. The number of serious accidents has also decreased compared to 2020.
CMA CGM opposes a plan by the French government for a super tax, a so-called windfall tax, which should skim the profits of successful French companies and then use the money raised to support French households that are hit hard by inflation.
CMA CGM opposes a plan by the French government for a super tax, a so-called windfall tax, which should skim the profits of successful French companies and then use the money raised to support French households that are hit hard by inflation.
DECREASE ACCIDENTS
The number of accidents in Dutch inland shipping has decreased for the third year in a row, Rijkswaterstaat reports. The number of serious accidents has also decreased compared to 2020.
DECREASE ACCIDENTS
The number of accidents in Dutch inland shipping has decreased for the third year in a row, Rijkswaterstaat reports. The number of serious accidents has also decreased compared to 2020.
The container ship that makes the latest claim to the title of ´largest container ship in the world´ is ready to go to work in China. The Chinese news channel CGTN made a video public in which drone images show the sailing ‘Ever Alot’ of the Taiwanese shipping company Evergreen (capacity 24,004 teu), still ‘naked’ without containers.
DECREASE ACCIDENTS
The number of accidents in Dutch inland shipping has decreased for the third year in a row, Rijkswaterstaat reports. The number of serious accidents has also decreased compared to 2020.
LOCKDOWNS
Chinese exports grew by 16.9% in May compared to the previous year. Analysts originally expected only 8% growth for May.This is reported by Reuters news agency. It is the fastest increase since January this year. In April there was an export growth of 3.9%. The Chinese were also able to record an import growth of 4.1% in May compared to last year. It is the first time since January that imports have increased again.
LOCKDOWNS
Chinese exports grew by 16.9% in May compared to the previous year. Analysts originally expected only 8% growth for May.This is reported by Reuters news agency. It is the fastest increase since January this year. In April there was an export growth of 3.9%. The Chinese were also able to record an import growth of 4.1% in May compared to last year. It is the first time since January that imports have increased again.
FERRIES
P&O Ferries is allowed to use the ‘Pride of Kent’ again on the Calais-Dover route. The British Coast Guard has now released the ro-ro vessel this after three rejections. This means that P&O Ferries once again has two of its four ships for the Channel crossing at its disposal. The ‘Spirit of Britain’ already passed the British Maritime and Coastguard Agency (MCA) inspection at the end of April.
FERRIES
P&O Ferries is allowed to use the ‘Pride of Kent’ again on the Calais-Dover route. The British Coast Guard has now released the ro-ro vessel this after three rejections. This means that P&O Ferries once again has two of its four ships for the Channel crossing at its disposal. The ‘Spirit of Britain’ already passed the British Maritime and Coastguard Agency (MCA) inspection at the end of April.
300 TEU
China claims a first with the first autonomously sailing, electric container ship. After a year of testing, the vessel was put into commercial use. The ‘Zhi Fei’ has a capacity of 300 TEU.
300 TEU
China claims a first with the first autonomously sailing, electric container ship. After a year of testing, the vessel was put into commercial use. The ‘Zhi Fei’ has a capacity of 300 TEU.
More than 1800 CONTAINER SHIPS are WAITING for handling. Last week, about a fifth of the global container fleet at sea was waiting for handling at ports of call. This is reported by Windward, the Israeli leading predictive intelligence company. In the middle of this month, the agency counted 1,826 container ships that were forced to wait until they could enter. More than 500 of these were at the entrance of Chinese ports.
More than 1800 CONTAINER SHIPS are WAITING for handling. Last week, about a fifth of the global container fleet at sea was waiting for handling at ports of call. This is reported by Windward, the Israeli leading predictive intelligence company. In the middle of this month, the agency counted 1,826 container ships that were forced to wait until they could enter. More than 500 of these were at the entrance of Chinese ports.
Dutch Containers Merchants B.V. specialist in trading, leasing and renting containers
Are you looking for a container? Dutch Containers Merchants B.V. has a large stock of containers for leasing, trading and renting. Please contact us for more information.Dutch Containers Merchants B.V. specialist in trading, leasing and renting containers
Are you looking for a container? Dutch Containers Merchants B.V. has a large stock of containers for leasing, trading and renting. Please contact us for more information.
Dutch Containers Merchants B.V. specialist in trading, leasing and renting containers
Are you looking for a container? Dutch Containers Merchants B.V. has a large stock of containers for leasing, trading and renting. Please contact us for more information.Dutch Containers Merchants B.V. specialist in trading, leasing and renting containers
Are you looking for a container? Dutch Containers Merchants B.V. has a large stock of containers for leasing, trading and renting. Please contact us for more information.