Δευ12232024

Last updateΠεμ, 26 Δεκ 2024 4pm

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The El Niño is in jeopardy to affect global shipping

0bneGeneric El NinoThe El Niño, a natural climate phenomenon marked by warmer-than-average sea surface temperatures in the central and eastern Pacific Ocean near the equator which occurs on average every 2-7 years, is in jeopardy to affect global shipping.

ONE Strengthens Global Presence with Terminal Acquisitions in the US West Coast and Rotterdam​​​​​​​

one2Ocean Network Express (ONE) is pleased to announce it has obtained all necessary regulatory approvals and completed its acquisition of a 51% stake in each of TraPac LLC (“TraPac”) and Yusen Terminals LLC (“YTI”), and a 20% stake in Rotterdam World Gateway (RWG). In addition to strengthening ONE's presence in the global supply chain, these acquisitions safeguard its access to terminal capacity in key and strategic gateways, support its growth ambitions, and enhance its service offerings to customers.

TraPac and YTI are container terminal operators and vessel stevedores that provide container terminal services in Los Angeles and Oakland, California. Both terminals are equipped with the latest technology and have been serving liners at the Port of Los Angeles since 1987 and 1991 respectively. With a combined capacity of 4.3 million TEU annually, the acquisition of these two terminals further strengthens ONE's position on the US West Coast.
RWG operates a highly automated container terminal in the Port of Rotterdam with an annual capacity of 2.6 million TEU. A stake in RWG gives ONE long-term capacity and strengthens ONE’s position as a key hub in the region.
These acquisitions are part ONE’s midterm strategy to continuously invest in its operations. Hiroki Tsujii, Managing Director of ONE’s Product & Network Division, emphasized the strategic value of these acquisitions: “Container terminals are a critical link in the supply chain with the unique ability to cushion the impact of operating disruptions. ONE will leverage these terminals to help customers manage supply chain disruptions and improve service quality. In addition, these assets will enable ONE to deliver faster and more reliable service to our customers.”
With the completion of these three acquisitions, ONE establishes a strong presence in three key strategic locations: the US West Coast (Trapac, YTI), North Europe (RWG), and South East Asia (Magenta Singapore Terminal).

New drop for the dry bulk cargo market

bulk ships 000Iakovos (Jack) Archontakis
Commercial Manager TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market continued to record across all sizes, with Panamaxes and Supramaxes showing the biggest losses, followed by the rest of the sizes. In detail, Capes fell by 4.2%, Kamsarmaxes -9.79%, Supramaxes -7.01% and Handies -5.5%, compared to the previous week.

22ND NAVIGATOR 2023 – The shipping decision makers forum

0NAVIGATETHE CHANGEΤhe 22nd NAVIGATOR 2023 – THE SHIPPING DECISION MAKERS FORUM, under the theme #NavigateTheChange, will take place on Thursday, November 9th, 2023. This exclusive event will unfold at the iconic Stavros Niarchos Foundation Cultural Centre (SNFCC) in Athens, commencing at 09.30hrs and concluding at 14.00hrs.

ICS Publications launches first The Master’s Practical Guide to Maritime Law to aid seafarers with incidents at sea

bulk ships 000Today – the International Chamber of Shipping (ICS) launches its first edition of The Master’s Practical Guide to Maritime Law as a simple and practical legal reference book specifically to aid seafarers with incidents at sea.

Announcement Registration of the highspeed ro-pax vessel HIGHSPEED 3

0attica groupAttica Holdings S.A. (“Attica Group”) announces the acquisition and registration in the Greek flag of the highspeed Ro-Pax vessel HIGHSPEED 3 (ex-BORAQ).

WISTA Cyprus Announces Hosting of 2024 WISTA International AGM and Conference in Limassol

0Montevideo 1WISTA Cyprus proudly announces its role as host for the WISTA International AGM and Conference 2024, an event placed under the auspices of the Shipping Deputy Ministry.

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